Floating Rate Financials

LFRIX Fund  USD 8.18  0.01  0.12%   
You can utilize Floating Rate Fund fundamental data analysis to find out if markets are presently mispricing the fund. We were able to collect and analyze data for fourteen available fundamental indicators for Floating Rate Fund, which can be compared to its rivals. Use Floating Rate five year return and bond positions weight to make sure your decision on pricing Floating Rate Fund is adequate. The fund experiences a normal downward trend and little activity. Check odds of Floating Rate to be traded at $8.1 in 90 days.
With this module, you can analyze Floating financials for your investing period. You should be able to track the changes in Floating Rate individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Floating Rate Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Floating Rate's financial statements are interrelated, with each one affecting the others. For example, an increase in Floating Rate's assets may result in an increase in income on the income statement.
Evaluating Floating Rate's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Floating Rate's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Floating Rate's relative financial performance

Chance Of Distress

Less than 31

 
100  
 
Zero
Below Average
Floating Rate Fund has less than 31 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Floating Rate mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
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The data published in Floating Rate's official financial statements usually reflect Floating Rate's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Floating Rate Fund. For example, before you start analyzing numbers published by Floating accountants, it's critical to develop an understanding of what Floating Rate's liquidity, profitability, and earnings quality are in the context of the Lord Abbett space in which it operates.
Please note that past performance is not an indicator of the future performance of Floating Rate, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Floating Rate Company Summary

Floating Rate competes with Hartford Healthcare, The Hartford, Invesco Global, Virtus Allianzgi, and Highland Longshort. Under normal conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income. Lord Abbett is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS5439161341
Business AddressLord Abbett Investment
Mutual Fund FamilyLord Abbett
Mutual Fund CategoryBank Loan
BenchmarkNYSE Composite
Phone888 522 2388
CurrencyUSD - US Dollar
You should never invest in Floating Rate without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Floating Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Floating Rate's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Floating Rate Key Financial Ratios

Generally speaking, Floating Rate's financial ratios allow both analysts and investors to convert raw data from Floating Rate's financial statements into concise, actionable information that can be used to evaluate the performance of Floating Rate over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Floating Rate Fund reports annually and quarterly.

Floating Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Floating Rate's current stock value. Our valuation model uses many indicators to compare Floating Rate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Floating Rate competition to find correlations between indicators driving Floating Rate's intrinsic value. More Info.
Floating Rate Fund is number one fund in ten year return among similar funds. It is number one fund in year to date return among similar funds creating about  0.69  of Year To Date Return per Ten Year Return. The ratio of Ten Year Return to Year To Date Return for Floating Rate Fund is roughly  1.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Floating Rate by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Floating Rate's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Floating Rate's earnings, one of the primary drivers of an investment's value.

Floating Rate Fund Systematic Risk

Floating Rate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Floating Rate volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Floating Rate Fund correlated with the market. If Beta is less than 0 Floating Rate generally moves in the opposite direction as compared to the market. If Floating Rate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Floating Rate Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Floating Rate is generally in the same direction as the market. If Beta > 1 Floating Rate moves generally in the same direction as, but more than the movement of the benchmark.

About Floating Rate Financials

What exactly are Floating Rate Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Floating Rate's income statement, its balance sheet, and the statement of cash flows. Potential Floating Rate investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Floating Rate investors may use each financial statement separately, they are all related. The changes in Floating Rate's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Floating Rate's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Floating Rate Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Floating Rate is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Floating has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Floating Rate's financials are consistent with your investment objective using the following steps:
  • Review Floating Rate's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Floating Rate's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Floating Rate's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Floating Rate's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed. Floating Rate Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 23.86 Billion. Floating Rate totals roughly 15.21 Billion in net asset claiming about 64% of funds in Bank Loan category.

Floating Rate March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Floating Rate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Floating Rate Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Floating Rate Fund based on widely used predictive technical indicators. In general, we focus on analyzing Floating Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Floating Rate's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Floating Rate Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Floating Mutual Fund analysis

When running Floating Rate's price analysis, check to measure Floating Rate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Floating Rate is operating at the current time. Most of Floating Rate's value examination focuses on studying past and present price action to predict the probability of Floating Rate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Floating Rate's price. Additionally, you may evaluate how the addition of Floating Rate to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Floating Rate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floating Rate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floating Rate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.