LGRUX Performance — Lord Abbett Investment Grade Floating Rate Fund, Class R6
Data updated: 2026-10-09
LGRUX returned +2.82% year to date and +5.49% over one year to Jul 2026. The annualised 3-year return is +7.08%. The fund beat its Bank Loan category average: $100 invested three years ago grew to $123, against $119 for the category, and to $105 over one year, against $104. Volatility over the past three years was 0.84% a year. In the 12 months to Jul 2026 the fund took in a net $2.3B, and assets reached $4.97B.
LGRUX Growth of $100
What $100 invested in Lord Abbett Investment Grade Floating Rate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Bank Loan category average over the same months.
| Period | LGRUX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $123 | $119 |
| Since data start (May 2023 – Jul 2026) | $126 | $122 |
LGRUX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.82% |
| 1 year | +5.49% |
| 3 years (annualised) | +7.08% |
LGRUX Annual Returns
Calendar-year total returns of Lord Abbett Investment Grade Floating Rate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.82% |
| 2025 | +6.07% |
| 2024 | +8.58% |
| 2023 (May–Dec) | +6.27% |
LGRUX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +0.2% | −0.1% | +0.8% | +0.6% | +0.4% | +0.4% | — | — | — | — | — |
| 2025 | +0.7% | +0.6% | 0.0% | +0.1% | +0.8% | +0.6% | +0.5% | +0.7% | +0.5% | +0.3% | +0.5% | +0.5% |
| 2024 | +1.0% | +0.8% | +0.8% | +0.6% | +0.8% | +0.7% | +0.6% | +0.6% | +0.8% | +0.6% | +0.6% | +0.6% |
| 2023 | — | — | — | — | +0.4% | +0.9% | +1.1% | +0.7% | +0.7% | +0.4% | +0.8% | +1.0% |
LGRUX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 0.84%
- 3-year Sharpe ratio: 3.09 (vs 4.5% risk-free rate)
- Best month: +0.97% (Dec 2023)
- Worst month: −0.12% (Mar 2026)
LGRUX Fund Flows
Monthly money in and out of Lord Abbett Investment Grade Floating Rate Fund, from SEC Form N-PORT.
- 12-month net flow: $2.3B
- 12-month gross sales (incl. reinvestments): $4.1B
- Sales ÷ redemptions: 2.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $546.2M | $137.1M | $409.1M |
| Jun 2026 | $520.4M | $131.6M | $388.8M |
| May 2026 | $311.9M | $138.9M | $173.0M |
| Apr 2026 | $262.7M | $203.5M | $59.3M |
| Mar 2026 | $283.5M | $235.8M | $47.6M |
| Feb 2026 | $319.8M | $156.5M | $163.4M |
| Jan 2026 | $324.9M | $155.2M | $169.7M |
| Dec 2025 | $302.8M | $124.8M | $178.0M |
| Nov 2025 | $268.2M | $107.4M | $160.8M |
| Oct 2025 | $394.2M | $110.6M | $283.6M |
| Sep 2025 | $266.8M | $150.9M | $115.9M |
| Aug 2025 | $285.1M | $119.8M | $165.3M |
LGRUX Assets Under Management
Net assets of Lord Abbett Investment Grade Floating Rate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.97B |
| 2026-04-30 | $4.00B |
| 2026-01-31 | $3.75B |
| 2025-10-31 | $3.24B |
| 2025-07-31 | $2.68B |
| 2025-04-30 | $1.88B |
| 2025-01-31 | $917.03M |
| 2024-10-31 | $164.80M |
| 2024-07-31 | $39.37M |
| 2024-04-30 | $13.10M |
| 2024-01-31 | $11.89M |
| 2023-10-31 | $11.40M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.