LFRIX vs. TFAIX
Compare and contrast key facts about Lord Abbett Floating Rate Fund (LFRIX) and T. Rowe Price Floating Rate Fund Class I (TFAIX).
LFRIX is managed by Lord Abbett. It was launched on Dec 30, 2007. TFAIX is an actively managed fund by T. Rowe Price. It was launched on Nov 29, 2016.
Performance
LFRIX vs. TFAIX - Performance Comparison
Loading graphics...
LFRIX vs. TFAIX - 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% |
TFAIX T. Rowe Price Floating Rate Fund Class I | -1.09% | 6.61% | 9.06% | 10.85% | -1.85% | 4.73% | 1.88% | 8.71% | 0.06% | 3.39% |
Returns By Period
The year-to-date returns for both stocks are quite close, with LFRIX having a -1.05% return and TFAIX slightly lower at -1.09%.
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%
TFAIX
- 1D
- -0.11%
- 1M
- -0.11%
- YTD
- -1.09%
- 6M
- 0.45%
- 1Y
- 4.85%
- 3Y*
- 7.34%
- 5Y*
- 5.26%
- 10Y*
- —
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. TFAIX - Expense Ratio Comparison
LFRIX has a 0.60% expense ratio, which is lower than TFAIX's 0.63% expense ratio.
Return for Risk
LFRIX vs. TFAIX — Risk / Return Rank
LFRIX
TFAIX
LFRIX vs. TFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Floating Rate Fund (LFRIX) and T. Rowe Price Floating Rate Fund Class I (TFAIX). 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 | TFAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.91 | -0.21 |
Sortino ratioReturn per unit of downside risk | 2.47 | 3.39 | -0.92 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.61 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.54 | -0.13 |
Martin ratioReturn relative to average drawdown | 9.41 | 9.77 | -0.36 |
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 | TFAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.91 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.83 | 1.92 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.08 | 1.14 | -0.06 |
Correlation
The correlation between LFRIX and TFAIX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LFRIX vs. TFAIX - Dividend Comparison
LFRIX's dividend yield for the trailing twelve months is around 6.56%, which matches TFAIX's 6.59% 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% |
TFAIX T. Rowe Price Floating Rate Fund Class I | 6.59% | 7.14% | 8.30% | 7.12% | 4.13% | 3.98% | 4.12% | 4.97% | 5.01% | 4.15% | 0.00% | 0.00% |
Drawdowns
LFRIX vs. TFAIX - Drawdown Comparison
The maximum LFRIX drawdown since its inception was -27.90%, which is greater than TFAIX's maximum drawdown of -19.93%. Use the drawdown chart below to compare losses from any high point for LFRIX and TFAIX.
Loading graphics...
Drawdown Indicators
| LFRIX | TFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -19.93% | -7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | -1.96% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -6.23% | -5.88% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -21.75% | — | — |
Current DrawdownCurrent decline from peak | -1.30% | -1.31% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -1.96% | -0.80% | -1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 0.54% | 0.00% |
Volatility
LFRIX vs. TFAIX - Volatility Comparison
The current volatility for Lord Abbett Floating Rate Fund (LFRIX) is 0.70%, while T. Rowe Price Floating Rate Fund Class I (TFAIX) has a volatility of 0.77%. This indicates that LFRIX experiences smaller price fluctuations and is considered to be less risky than TFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LFRIX | TFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 0.77% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 1.80% | 1.81% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.08% | 2.81% | +0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.82% | 2.76% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.90% | 3.96% | -0.06% |