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MutualFundWire.com
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Monday, October 1, 2007 Lord Abbett Files for Floating Rate Fund Lord Abbett has filed with the SEC to establish a floating rate fund. The WSJ reports that the fund, which will be part of the Lord Abbett Investment Trust Series, will invest at leest 80 percent of its assets in floating- or adjustable-rate senior loans. The fund will be available in A, B, C, F, I, R2 and R3 shares. Printed from: MFWire.com/story.asp?s=15939 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |