Morningstar

Lord Abbett Floating Rate Fund Class R2 LFRRX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 8.00  /  0.00
  • Total Assets 4.8B
  • Adj. Expense Ratio
    1.210%
  • Expense Ratio 1.210%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Small
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 6.02%
  • Effective Duration 0.17 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis LFRRX

Will LFRRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LFRRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LFRRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LFRRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lord Abbett Floating Rate R2 holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings LFRRX

More LFRRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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Dpc Holdings Plc

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Invesco Senior Loan ETF

1.20 54M
—

Warnermedia Hldgs

0.89 40M
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Hudson River Trading Llc

0.70 31M
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Jane Street Group LLC

0.69 31M
Corporate

Clydesdale Acquisition Holdings Inc

0.61 28M
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Acrisure Llc / Acrisure Fin Inc 0.07%

0.60 27M
Corporate

Proofpoint Inc

0.59 26M
Corporate

Allied Universal Holdco Llc

0.58 26M
Corporate

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