LFRAX : Lord Abbett Floating Rate Fund Class A

LFRAX is a Bond Market High Yield Bond with MODERATE fees.

LFRAX

Lord Abbett Floating Rate Fund Class A

FI Score

54 /100

Expense Ratio Rating

6 /10

Expense Rating

2 /10

Market Score

9 /10

Category Score

0 /10

Market Size

9 /10

54% FI Score
  • lfrax
  • Mutual Fund
  • Bond
  • High Yield Bond

Lord Abbett Floating Rate Fund Class A

Expenses: 0.81% (Better than 1% of similar funds)

This is an OK choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of current income. Under normal conditions, the fund pursues its investment objective by investing 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. It may invest up to 20% of its net assets in other types of debt securities and short-term instruments.

Largest Holdings

Amount Holding
1.08% Invesco Senior Loan ETF
0.92% CSC Holdings LLC (Cablevision)
0.90% CenturyLink, Inc.
0.83% Asurion, LLC (fka Asurion Corporation)
0.64% Seattle SpinCo, Inc. (aka Micro Focus Intl PLC)
0.62% Starfruit US Holdco LLC
0.61% Playtika Holding Corp
0.58% Advisor Group, Inc.
0.57% Reynolds Group Hldgs, Inc.
0.57% Regionalcare Hospital Prtnrs
0.56% MediArena Acquisition B.V. (fka AP NMT Acquisition
0.55% Helix Gen Funding, LLC
0.55% Caesars Growth Properties Holdings, LLC
0.54% Lower Cadence Holdings L
0.53% NEXSTAR BROADCASTING GROUP
0.52% Panther BF Aggregator 2
0.52% Coty Inc. Class A
0.52% Weight Watchers International, Inc.
0.51% Brookfield WEC Holdings Inc. (aka Westinghouse Ele
0.51% Consolidated Communications
0.51% Univision Communications Inc.
0.51% VFH Parent LLC
0.50% Valeant Pharmaceuticals International, Inc.
0.50% VVC Holding Corp.
0.50% Kestrel Bidco Inc

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo