LGRYX Fees and Costs — Lord Abbett Investment Grade Floating Rate Fund, Class I
Data updated: 2026-10-09
The net expense ratio is 0.37%: a 0.23% management fee plus 0.14% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 119%.
LGRYX Fees and Expenses
Annual operating expenses and sales charges of LGRYX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.37% |
| Fee waiver | — |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
LGRYX Costs Over Time
On $10,000 invested in LGRYX, assuming 5% a year before costs, total costs come to $234 over 5 years, cutting the return by 0.39% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.37%) | $39 | $122 | $213 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $128 | $234 |
| Value after costs | $10,461 | $11,448 | $12,528 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
LGRYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $20.2B
- Portfolio turnover (prospectus): 119%
LGRYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $2.2B | 24.72% |
| J.P. Morgan Securities LLC | $1.7B | 19.57% |
| State Street Bank and Trust Company | $1.5B | 17.22% |
| Citigroup Global Markets Inc. | $832.8M | 9.45% |
| BNY Capital Markets, LLC | $524.9M | 5.96% |
| BofA Securities, Inc. | $503.8M | 5.72% |
| Wells Fargo Securities, LLC | $481.9M | 5.47% |
| Morgan Stanley & Co. LLC | $365.1M | 4.14% |
| Deutsche Bank Securities Inc. | $346.5M | 3.93% |
| Goldman Sachs & Co. LLC | $335.9M | 3.81% |
Lord Abbett Investment Grade Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IGRNX | Class F3 | 0.31% | none |
| LGRUX | Class R6 | 0.31% | none |
| IGRSX | Class R5 | 0.37% | none |
| LGRYX | Class I | 0.37% | none |
| LGRFX | Class F | 0.47% | none |
| LGRAX | Class A | 0.57% | 2.25% |
| IGRCX | Class C | 1.31% | none |
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.