Lord Abbett Floating Rate Fund I (LFRIX)
8.05
0.00 (0.00%)
USD |
Jun 18 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.60% | 4.698B | -- | 105.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -701.76M | 6.56% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income. The Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the Fund to achieve a floating rate of income. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Lord Abbett |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
95
-103.75M
Peer Group Low
768.84M
Peer Group High
1 Year
% Rank:
94
-701.76M
-1.803B
Peer Group Low
10.19B
Peer Group High
3 Months
% Rank:
89
-3.496B
Peer Group Low
2.881B
Peer Group High
3 Years
% Rank:
97
-5.214B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
89
-2.510B
Peer Group Low
5.087B
Peer Group High
5 Years
% Rank:
99
-3.179B
Peer Group Low
25.17B
Peer Group High
YTD
% Rank:
90
-2.670B
Peer Group Low
4.307B
Peer Group High
10 Years
% Rank:
89
-14.47B
Peer Group Low
19.50B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 20, 2025.
Asset Allocation
As of March 31, 2025.
| Type | % Net |
|---|---|
| Cash | 3.81% |
| Stock | 0.11% |
| Bond | 95.18% |
| Convertible | 0.00% |
| Preferred | 0.58% |
| Other | 0.33% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
BARCLAYS CAPITAL INC REPO
|
2.12% | -- | -- |
|
JPMORGAN SECURITIES INC REPO
|
2.06% | -- | -- |
| Invesco Senior Loan ETF | 1.89% | 20.90 | 0.00% |
|
TORONTO DOMINION BANK REPO
|
1.02% | -- | -- |
|
QUIKRETE HOLDINGS INC 30-JAN-2032
|
0.87% | -- | -- |
|
X CORP FRN 26-OCT-2029
|
0.80% | -- | -- |
|
JANE STREET GROUP LLC FRN 15-DEC-2031
|
0.73% | -- | -- |
|
SEDGWICK CLAIMS MANAGEMENT SERVICES INC 31-JUL-2031
|
0.62% | -- | -- |
|
OPELLA HEALTHCARE GROUP SAS 23-APR-2032
|
0.58% | -- | -- |
|
ACBL HOLDING CORP PFD SER B
|
0.58% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.46% |
| Administration Fee | 1.02M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income. The Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the Fund to achieve a floating rate of income. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Lord Abbett |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (6-18-25) | 8.06% |
| 30-Day SEC Yield (5-31-25) | 7.21% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (3-31-25) | 8.54% |
| Average Coupon | 8.16% |
| Calculated Average Quality | 5.627 |
| Effective Maturity | 5.069 |
| Nominal Maturity | 5.090 |
As of March 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/31/2007 |
| Last Annual Report Date | 11/30/2024 |
| Last Prospectus Date | 4/1/2025 |
| Share Classes | |
| LARCX | C |
| LFRAX | A |
| LFRFX | F |
| LFROX | F3 |
| LFRRX | Retirement |
| LRRKX | Retirement |
| LRRRX | Retirement |
| LRRTX | Retirement |
| LRRVX | Retirement |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:LFRIX", "name") |
| Broad Asset Class: =YCI("M:LFRIX", "broad_asset_class") |
| Broad Category: =YCI("M:LFRIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:LFRIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |