The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Lord Abbett Floating Rate A LFRAX
- NAV / 1-Day Return 8.15 / +0.06 %
- Total Assets 4.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 8.46%
- Effective Duration 0.24 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis LFRAX
Will LFRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 6.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
J P Morgan Securities Inc | 4.58 | 243.0 Mil | Cash and Equivalents |
J P Morgan Securities Inc | 2.13 | 113.0 Mil | Cash and Equivalents |
Invesco Senior Loan ETF | 1.20 | 63.7 Mil | — |
SPDR® Blackstone Senior Loan ETF | 0.72 | 38.2 Mil | — |
Boxer Parent Co Inc | 0.71 | 37.9 Mil | Corporate |
Cloud Software Group Inc | 0.69 | 36.7 Mil | Corporate |
Nuvei Technologies Corp | 0.66 | 34.9 Mil | Corporate |
Mcafee Corp | 0.60 | 31.9 Mil | Corporate |
Oryx Midstream Services Permian Basin Llc | 0.59 | 31.2 Mil | Corporate |
Jane Street Group Llc | 0.59 | 31.2 Mil | Corporate |