LFRIX vs. NFIAX
Compare and contrast key facts about Lord Abbett Floating Rate Fund (LFRIX) and Neuberger Berman Floating Rate Income Fund (NFIAX).
LFRIX is managed by Lord Abbett. It was launched on Dec 30, 2007. NFIAX is managed by Neuberger Berman. It was launched on Dec 28, 2009.
Performance
LFRIX vs. NFIAX - Performance Comparison
Loading graphics...
LFRIX vs. NFIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LFRIX Lord Abbett Floating Rate Fund | -1.05% | 6.30% | 8.28% | 12.22% | -2.99% | 5.48% | -1.47% | 7.59% | -0.01% | 3.97% |
NFIAX Neuberger Berman Floating Rate Income Fund | -0.83% | 5.83% | 8.89% | 10.92% | -3.26% | 4.27% | 3.63% | 8.31% | -1.13% | 3.19% |
Returns By Period
In the year-to-date period, LFRIX achieves a -1.05% return, which is significantly lower than NFIAX's -0.83% return. Both investments have delivered pretty close results over the past 10 years, with LFRIX having a 4.54% annualized return and NFIAX not far behind at 4.48%.
LFRIX
- 1D
- -0.13%
- 1M
- -0.13%
- YTD
- -1.05%
- 6M
- 0.69%
- 1Y
- 4.82%
- 3Y*
- 7.45%
- 5Y*
- 5.12%
- 10Y*
- 4.54%
NFIAX
- 1D
- -0.11%
- 1M
- -0.22%
- YTD
- -0.83%
- 6M
- 0.42%
- 1Y
- 4.52%
- 3Y*
- 7.13%
- 5Y*
- 4.76%
- 10Y*
- 4.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LFRIX vs. NFIAX - Expense Ratio Comparison
LFRIX has a 0.60% expense ratio, which is lower than NFIAX's 0.97% expense ratio.
Return for Risk
LFRIX vs. NFIAX — Risk / Return Rank
LFRIX
NFIAX
LFRIX vs. NFIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Floating Rate Fund (LFRIX) and Neuberger Berman Floating Rate Income Fund (NFIAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LFRIX | NFIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.85 | -0.14 |
Sortino ratioReturn per unit of downside risk | 2.47 | 2.88 | -0.40 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.66 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.55 | -0.14 |
Martin ratioReturn relative to average drawdown | 9.41 | 11.18 | -1.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LFRIX | NFIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.85 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.83 | 1.80 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | 1.12 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 1.22 | -0.14 |
Correlation
The correlation between LFRIX and NFIAX is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LFRIX vs. NFIAX - Dividend Comparison
LFRIX's dividend yield for the trailing twelve months is around 6.56%, more than NFIAX's 6.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFRIX Lord Abbett Floating Rate Fund | 6.56% | 7.20% | 7.68% | 7.63% | 3.95% | 4.01% | 4.64% | 5.71% | 5.60% | 4.65% | 4.64% | 4.72% |
NFIAX Neuberger Berman Floating Rate Income Fund | 6.25% | 6.84% | 8.05% | 6.89% | 3.97% | 3.36% | 3.68% | 4.71% | 4.32% | 3.44% | 3.46% | 4.05% |
Drawdowns
LFRIX vs. NFIAX - Drawdown Comparison
The maximum LFRIX drawdown since its inception was -27.90%, which is greater than NFIAX's maximum drawdown of -22.18%. Use the drawdown chart below to compare losses from any high point for LFRIX and NFIAX.
Loading graphics...
Drawdown Indicators
| LFRIX | NFIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -22.18% | -5.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | -1.83% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -6.23% | -6.84% | +0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -21.75% | -22.18% | +0.43% |
Current DrawdownCurrent decline from peak | -1.30% | -0.94% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -1.96% | -0.84% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 0.44% | +0.10% |
Volatility
LFRIX vs. NFIAX - Volatility Comparison
Lord Abbett Floating Rate Fund (LFRIX) has a higher volatility of 0.70% compared to Neuberger Berman Floating Rate Income Fund (NFIAX) at 0.63%. This indicates that LFRIX's price experiences larger fluctuations and is considered to be riskier than NFIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LFRIX | NFIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 0.63% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 1.80% | 1.58% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.08% | 2.76% | +0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.82% | 2.66% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.90% | 4.01% | -0.11% |