According to CoinMeta, the Lord Abbett floating-rate fund ( LFRIX ) achieved a return of +2.75% in the quarter ending June 30, 2026, reflecting the performance of its net asset value after all distributions and reinvestments. The fund's benchmark, namely the Morningstar LSTA US Leveraged Loan Index, returned +1.88% during the same period. The over-allocations in the fields of medical equipment and services, as well as financial services, contributed to its relative performance. Market performance was influenced by the resilience of the economic backdrop, the evolution of geopolitical developments, and significant changes in monetary policy expectations.