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Lord Abbett Floating Rate Fund

LFROX:US
NASDAQ GM
9.19
USD
0.00
0.00%
As of 5/24/2018
Fund Type
Open-End Fund
52Wk Range
9.16 - 9.25
1 Yr Return
4.62%
YTD Return
2.02%
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Previous Close
9.19
52Wk Range
9.16 - 9.25
1 Yr Return
4.63%
YTD Return
2.02%
Fund Type
Open-End Fund
Objective
Bank Loans
Asset Class Focus
Fixed Income
Geographic Focus
U.S.
NAV (on 05/24/2018)
9.19
Total Assets (b USD) (on 05/25/2018)
13.609
Inception Date
04/05/2017
Last Dividend (on 05/25/2018)
0.00516635
Dividend Indicated Gross Yield
5.06%
Fund Managers
JEFFREY D LAPIN / ROBERT A LEE
Front Load Fee
0.00%
Back Load Fee
0.00%
Redemption Fee
0.00%
12b-1 Fee
0.00%
Current Mgmt Fee
0.46%
Expense Ratio
-
Profile
Lord Abbett Floating Rate Fund seeks a high level of current income by investing in floating or adjustable rate senior loans. The Fund may invest in senior loans of any maturity or creditquality, but invests primarily in senior loans that are rated below investment grade.
Address
Lord, Abbett & Co LLC
90 Hudson Street
Jersey City, NJ 07302
Phone
1-888-522-2388