LRRVX Performance — Lord Abbett Floating Rate Fund, Class R6
Data updated: 2026-07-29
LRRVX returned +1.92% year to date and +6.50% over one year to May 2026. Annualised returns are +8.73% over 3 years and +6.09% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $129, against $124 for the category, and to $107 over one year, against $107. Volatility over the past three years was 2.12% a year. In the 12 months to May 2026 the fund lost a net $284.0M, and assets reached $4.33B.
LRRVX Growth of $100
What $100 invested in Lord Abbett Floating Rate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | LRRVX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $129 | $124 |
| 5 years (Jun 2021 – May 2026) | $134 | $126 |
| Since data start (Sep 2019 – May 2026) | $139 | $134 |
LRRVX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.92% |
| 1 year | +6.50% |
| 3 years (annualised) | +8.73% |
| 5 years (annualised) | +6.09% |
LRRVX Annual Returns
Calendar-year total returns of Lord Abbett Floating Rate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.92% |
| 2025 | +6.34% |
| 2024 | +9.08% |
| 2023 | +12.91% |
| 2022 | −1.56% |
| 2021 | +5.42% |
| 2020 | −1.45% |
| 2019 (Sep–Dec) | +1.95% |
LRRVX 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 | +0.1% | −0.9% | +0.6% | +1.3% | +0.8% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.2% | −0.4% | −0.4% | +1.6% | +0.9% | +0.7% | +0.5% | +0.6% | +0.5% | +0.6% | +0.7% |
| 2024 | +0.6% | +1.1% | +1.0% | +0.6% | +0.9% | +0.2% | +0.8% | +0.6% | +0.6% | +0.9% | +0.9% | +0.4% |
| 2023 | +2.3% | +0.6% | +0.2% | +0.9% | −0.1% | +2.4% | +1.4% | +1.1% | +0.7% | −0.2% | +1.5% | +1.6% |
| 2022 | +0.2% | −0.5% | +0.3% | −0.2% | −2.4% | −2.6% | +2.1% | +1.4% | −2.1% | +1.1% | +1.2% | +0.1% |
| 2021 | +1.1% | +0.7% | +0.1% | +0.4% | +0.7% | +0.7% | −0.2% | +0.6% | +0.7% | +0.1% | −0.3% | +0.7% |
| 2020 | +0.2% | −1.9% | −14.3% | +2.8% | +3.9% | +0.8% | +1.9% | +1.5% | +0.4% | +0.2% | +2.6% | +1.7% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | −0.8% | +0.7% | +1.7% |
LRRVX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 2.12%
- 3-year Sharpe ratio: 1.99 (vs 4.5% risk-free rate)
- Best month: +2.35% (Jun 2023)
- Worst month: −0.86% (Feb 2026)
LRRVX Fund Flows
Monthly money in and out of Lord Abbett Floating Rate Fund, from SEC Form N-PORT.
- 12-month net flow: −$284.0M
- 12-month gross sales (incl. reinvestments): $1.4B
- Sales ÷ redemptions: 0.83×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $142.6M | $97.2M | $45.4M |
| Apr 2026 | $123.7M | $123.5M | $120K |
| Mar 2026 | $78.1M | $168.0M | −$89.9M |
| Feb 2026 | $111.5M | $138.4M | −$26.9M |
| Jan 2026 | $114.6M | $143.5M | −$29.0M |
| Dec 2025 | $103.4M | $188.2M | −$84.7M |
| Nov 2025 | $92.4M | $119.9M | −$27.5M |
| Oct 2025 | $105.0M | $198.2M | −$93.2M |
| Sep 2025 | $105.1M | $156.2M | −$51.1M |
| Aug 2025 | $110.8M | $109.7M | $1.2M |
| Jul 2025 | $148.8M | $123.3M | $25.5M |
| Jun 2025 | $144.0M | $98.0M | $46.1M |
LRRVX Assets Under Management
Net assets of Lord Abbett Floating Rate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $4.33B |
| 2026-02-28 | $4.33B |
| 2025-11-30 | $4.55B |
| 2025-08-31 | $4.73B |
| 2025-05-31 | $4.65B |
| 2025-02-28 | $5.01B |
| 2024-11-30 | $4.79B |
| 2024-08-31 | $4.93B |
| 2024-05-31 | $5.10B |
| 2024-02-29 | $4.92B |
| 2023-11-30 | $4.95B |
| 2023-08-31 | $5.09B |
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.