Lord Abbett Inv Tr, Lord Abbett Floating Rate Fund - Cl F (LFRFX)

The Lord Abbett Floating Rate Fund - Class F (LFRFX) is a mutual fund that focuses on investing in floating rate loans, which are loans with variable interest rates that adjust periodically based on market conditions. This fund is managed by Lord Abbett Investment Trust and aims to provide investors with a steady stream of income while also minimizing the impact of interest rate changes on the fund's performance. Class F shares typically have lower fees and are available to institutional investors.