Corporate Bond Fund
Daily price w/o sales charge as of 12/06/2019
$10.21
$0.01
YTD Returns w/o sales charge as of 12/06/2019
12.66%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks to deliver a high level of current income by investing primarily in investment grade corporate debt securities.
Yield
Dividend Yield as of 12/06/2019
Subsidized | Un-Subsidized | |
---|---|---|
w/o sales charge | 3.76% | 0.03% |
30-Day Standardized Yield as of 10/31/2019
Subsidized | Un-Subsidized | |
---|---|---|
w/o sales charge | 2.77% | 0.00% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Basicsas of 10/31/2019
- Total Net Assets
- $7.81 M
- Inception Date
- 04/20/2017
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 4.21%
- Fund Net Expense Ratio
- 0.48%
- Number of Holdings
- 314
- Minimum Initial Investment
- $1,000,000+
Type | Assets |
---|---|
Investment Grade Corporate | |
ABS | |
U.S. Government Related | |
High Yield Corporate | |
CMBS | |
Other | |
Cash |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
Maturity | Assets |
---|---|
Less than 1 year | |
1-2.99 years | |
3-4.99 years | |
5-6.99 years | |
7-9.99 years | |
Greater than 10 years |
CREDIT QUALITY DISTRIBUTION as of 10/31/2019 View Portfolio
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
AA | |
A | |
BBB | |
<BBB |
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
INVESTMENT TEAM


Your Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Dividend Yield 1 as of 12/06/2019
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 3.76% | 0.03% |
30-Day Standardized Yield 2 as of 10/31/2019
Subsidized5 | Un-Subsidized6 | |
---|---|---|
w/o sales charge | 2.77% | 0.00% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 4.21%
Net 0.48%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | 12.81% | 14.34% | - | - | - | 5.19% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | 13.03% | 14.40% | - | - | - | - |
Bloomberg Barclays US Corp Investment Grade Index | 14.17% | 15.85% | - | - | - | 5.65% |
Fund Expense Ratio :
Gross 4.21%
Net 0.48%
Fund Expense Ratio :
Gross 4.21%
Net 0.48%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | 11.88% | 11.40% | - | - | - | 5.20% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | 12.17% | 11.66% | - | - | - | - |
Bloomberg Barclays US Corp Investment Grade Index | 13.20% | 13.00% | - | - | - | 5.67% |
Fund Expense Ratio :
Gross 4.21%
Net 0.48%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
Year | Fund Returns | Bloomberg Barclays US Corp Investment Grade Index |
---|
2018 | -2.77% | -2.51% |
2017 | 4.07% | 6.42% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2019 | 4.63% | 4.04% | 2.78% | - | 12.68% |
2018 | -1.96% | -1.18% | 0.80% | -0.44% | -2.77% |
2017 | - | - | 1.45% | 1.40% | 4.07% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV Historical Prices
Date | Net Asset Value |
---|
Portfolio
Portfolio
Type | Assets |
---|---|
Investment Grade Corporate | |
ABS | |
U.S. Government Related | |
High Yield Corporate | |
CMBS | |
Other | |
Cash |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
Maturity | Assets |
---|---|
Less than 1 year | |
1-2.99 years | |
3-4.99 years | |
5-6.99 years | |
7-9.99 years | |
Greater than 10 years |
CREDIT QUALITY DISTRIBUTION as of 10/31/2019
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
AA | |
A | |
BBB | |
<BBB |
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
Portfolio Details as of 10/31/2019
- Total Net Assets
- $7.81 M
- Number of Issues
- 314
- Average Coupon
- 5.00%
- Average Life
- 11.29 Years
- Average Effective Duration
- 6.91 Years
To view definitions for the above Portfolio Details, Click here.
Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.
Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.
Modified Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates. Duration is expressed as a number of years, and generally, the larger a portfolio’s duration, the greater the interest-rate risk or reward for underlying bond prices. Where applicable, securities, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs and ADRs and futures, are excluded from these calculations.
Holding | Coupon | Maturity | Assets |
---|
Bank of America Corp. | 3.593% | 07/21/2028 | 2.3% |
Citigroup, Inc. | 3.668% | 07/24/2028 | 1.8% |
NBCUniversal Enterprise, Inc. | 5.250% | 06/19/2099 | 1.3% |
AT&T, Inc. | 6.000% | 08/15/2040 | 1.3% |
Barclays Bank plc | 10.179% | 06/12/2021 | 1.2% |
Verizon Communications, Inc. | 4.400% | 11/01/2034 | 1.1% |
JPMorgan Chase & Co. | 3.782% | 02/01/2028 | 1.1% |
Morgan Stanley | 3.875% | 01/27/2026 | 1.1% |
Anheuser-Busch InBev Worldwide, Inc. | 8.200% | 01/15/2039 | 0.9% |
CVS Caremark Corp. | 4.300% | 03/25/2028 | 0.9% |
Holding | Coupon | Maturity | Assets |
---|
Bank of America Corp. | 3.593% | 07/21/2028 | 2.3% |
Citigroup, Inc. | 3.668% | 07/24/2028 | 1.8% |
NBCUniversal Enterprise, Inc. | 5.250% | 06/19/2099 | 1.3% |
AT&T, Inc. | 6.000% | 08/15/2040 | 1.3% |
Barclays Bank plc | 10.179% | 06/12/2021 | 1.2% |
Verizon Communications, Inc. | 4.400% | 11/01/2034 | 1.1% |
JPMorgan Chase & Co. | 3.782% | 02/01/2028 | 1.1% |
Morgan Stanley | 3.875% | 01/27/2026 | 1.1% |
Anheuser-Busch InBev Worldwide, Inc. | 8.200% | 01/15/2039 | 0.9% |
CVS Caremark Corp. | 4.300% | 03/25/2028 | 0.9% |
Apple, Inc. | 4.450% | 05/06/2044 | 0.9% |
Sabine Pass Liquefaction LLC | 5.875% | 06/30/2026 | 0.9% |
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worl | 4.700% | 02/01/2036 | 0.9% |
Santander Drive Auto Receivables Trust 2016-1 | 4.020% | 04/15/2022 | 0.8% |
Toronto-Dominion Bank | 3.625% | 09/15/2031 | 0.8% |
Charter Communications Operating LLC | 6.484% | 10/23/2045 | 0.8% |
Macquarie Bank Ltd. | 6.625% | 04/07/2021 | 0.8% |
U.S. Treasury Note/Bond | 1.500% | 10/31/2024 | 0.8% |
Motiva Enterprises LLC | 5.750% | 01/15/2020 | 0.8% |
JPMorgan Chase & Co. | 8.000% | 04/29/2027 | 0.8% |
Union Pacific Corp. | 6.625% | 02/01/2029 | 0.8% |
Wells Fargo Capital X | 5.950% | 12/15/2036 | 0.8% |
Goldman Sachs Group, Inc. | 6.750% | 10/01/2037 | 0.8% |
General Electric Co. | 6.150% | 08/07/2037 | 0.7% |
Microsoft Corp. | 3.500% | 02/12/2035 | 0.7% |
Oracle Corp. | 6.125% | 07/08/2039 | 0.7% |
Schlumberger Holdings Corp. | 3.750% | 05/01/2024 | 0.7% |
General Motors Co. | 6.750% | 04/01/2046 | 0.7% |
Affiliated Managers Group, Inc. | 4.250% | 02/15/2024 | 0.7% |
McDonald's Corp. | 6.300% | 10/15/2037 | 0.7% |
Vodafone Group plc | 3.750% | 01/16/2024 | 0.7% |
AstraZeneca plc | 3.190% | 08/17/2023 | 0.6% |
Burlington Northern Santa Fe LLC | 6.150% | 05/01/2037 | 0.6% |
Park Aerospace Holdings Ltd | 5.500% | 02/15/2024 | 0.6% |
Exelon Generation Co. LLC | 5.600% | 06/15/2042 | 0.6% |
PayPal Holdings, Inc. | 2.850% | 10/01/2029 | 0.6% |
Morgan Stanley | 4.431% | 01/23/2030 | 0.6% |
Teachers Insurance & Annuity Association of Americ | 4.900% | 09/15/2044 | 0.6% |
Helmerich & Payne, Inc. | 4.650% | 03/15/2025 | 0.6% |
Reynolds American, Inc. | 4.850% | 09/15/2023 | 0.6% |
Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.875% | 01/15/2027 | 0.5% |
Canadian Natural Resources Ltd. | 7.200% | 01/15/2032 | 0.5% |
Martin Marietta Materials, Inc. | 3.173% | 05/22/2020 | 0.5% |
Halliburton Co. | 7.450% | 09/15/2039 | 0.5% |
United Technologies Corp. | 4.625% | 11/16/2048 | 0.5% |
Dell International LLC / EMC Corp | 6.020% | 06/15/2026 | 0.5% |
Valero Energy Corp. | 10.500% | 03/15/2039 | 0.5% |
CVS Caremark Corp. | 5.050% | 03/25/2048 | 0.5% |
Westpac Banking Corp. | 4.322% | 11/23/2031 | 0.5% |
Protective Life Corp. | 8.450% | 10/15/2039 | 0.5% |
Fidelity National Financial Group | 4.500% | 08/15/2028 | 0.5% |
Ford Motor Co. | 7.450% | 07/16/2031 | 0.5% |
Occidental Petroleum Corp. | 7.875% | 09/15/2031 | 0.5% |
Ohio Edison Co. | 8.250% | 10/15/2038 | 0.5% |
VEREIT Operating Partnership L.P. | 4.875% | 06/01/2026 | 0.5% |
MPLX L.P. | 5.250% | 01/15/2025 | 0.5% |
AT&T, Inc. | 6.200% | 03/15/2040 | 0.5% |
New York Life Insurance Co | 4.450% | 05/15/2069 | 0.5% |
Universal Health Services, Inc. | 4.750% | 08/01/2022 | 0.4% |
UnitedHealth Group, Inc. | 6.875% | 02/15/2038 | 0.4% |
D.R. Horton, Inc. | 5.750% | 08/15/2023 | 0.4% |
Statoil ASA | 7.150% | 11/15/2025 | 0.4% |
WEA Finance LLC | 3.500% | 06/15/2029 | 0.4% |
Comerica, Inc. | 4.000% | 02/01/2029 | 0.4% |
PerkinElmer, Inc. | 3.300% | 09/15/2029 | 0.4% |
Healthcare Realty Trust, Inc. | 3.875% | 05/01/2025 | 0.4% |
Lincoln National Corp. | 6.300% | 10/09/2037 | 0.4% |
TransAlta Corp. | 4.500% | 11/15/2022 | 0.4% |
Berkshire Hathaway Finance Corp. | 4.250% | 01/15/2049 | 0.4% |
CSX Corp. | 6.000% | 10/01/2036 | 0.4% |
Baker Hughes a GE Co LLC / Baker Hughes Co-Obligor | 4.080% | 12/15/2047 | 0.4% |
Express Scripts Holding Co. | 2.874% | 11/30/2020 | 0.4% |
Appalachian Power Co. | 7.000% | 04/01/2038 | 0.4% |
Dominion Resources, Inc. | 7.000% | 06/15/2038 | 0.4% |
General Electric Co. | 5.000% | 12/31/2099 | 0.4% |
GATX Corp. | 4.550% | 11/07/2028 | 0.4% |
Embraer Netherlands Finance BV | 5.050% | 06/15/2025 | 0.4% |
National Oilwell Varco, Inc. | 3.950% | 12/01/2042 | 0.4% |
Patterson-UTI Energy, Inc. | 3.950% | 02/01/2028 | 0.4% |
Energy Transfer Operating LP | 6.125% | 12/15/2045 | 0.4% |
Pentair Finance SA | 3.150% | 09/15/2022 | 0.4% |
Continental Resources, Inc. | 5.000% | 09/15/2022 | 0.4% |
State Street Corp. | 3.031% | 11/01/2034 | 0.4% |
AstraZeneca plc | 3.073% | 06/10/2022 | 0.4% |
Puget Energy, Inc. | 6.000% | 09/01/2021 | 0.4% |
Zimmer Biomet Holdings, Inc. | 3.169% | 03/19/2021 | 0.4% |
Royal Caribbean Cruises Ltd. | 5.250% | 11/15/2022 | 0.4% |
International Lease Finance Corp. | 5.875% | 08/15/2022 | 0.4% |
Broadcom Inc | 3.625% | 10/15/2024 | 0.4% |
Entergy Arkansas, Inc. | 4.950% | 12/15/2044 | 0.4% |
Santander UK plc | 7.950% | 10/26/2029 | 0.4% |
Barrick North America Finance LLC | 7.500% | 09/15/2038 | 0.4% |
Eni USA Inc | 7.300% | 11/15/2027 | 0.4% |
PPL Corp. | 5.200% | 07/15/2041 | 0.4% |
Duqesne Light Holdings, Inc. | 6.400% | 09/15/2020 | 0.4% |
Apache Corp. | 5.100% | 09/01/2040 | 0.4% |
EPR Properties | 4.950% | 04/15/2028 | 0.4% |
MPLX L.P. | 6.250% | 10/15/2022 | 0.4% |
Aircastle Ltd. | 4.250% | 06/15/2026 | 0.4% |
Public Service Co of Oklahoma | 6.625% | 11/15/2037 | 0.4% |
Cox Communications, Inc. | 8.375% | 03/01/2039 | 0.4% |
HCA, Inc. | 5.125% | 06/15/2039 | 0.4% |
Brightsphere Investment Group Inc | 4.800% | 07/27/2026 | 0.4% |
NXP BV / NXP Funding LLC | 4.875% | 03/01/2024 | 0.4% |
JPMorgan Chase & Co. | 3.960% | 01/29/2027 | 0.3% |
Discover Financial Services | 5.200% | 04/27/2022 | 0.3% |
Trimble Navigation Ltd. | 4.750% | 12/01/2024 | 0.3% |
Johnson Controls International plc | 5.000% | 03/30/2020 | 0.3% |
International Lease Finance Corp. | 8.250% | 12/15/2020 | 0.3% |
HSBC USA, Inc. | 9.300% | 06/01/2021 | 0.3% |
Cleco Power LLC | 6.000% | 12/01/2040 | 0.3% |
New York and Presbyterian Hospital/The | 3.954% | 08/01/2119 | 0.3% |
Georgia Power Co. | 4.750% | 09/01/2040 | 0.3% |
Entergy Corp. | 5.125% | 09/15/2020 | 0.3% |
Verizon Communications, Inc. | 3.618% | 05/15/2025 | 0.3% |
Canadian Pacific Railway Co. | 7.125% | 10/15/2031 | 0.3% |
Hardee's Funding LLC | 4.959% | 06/20/2048 | 0.3% |
MPLX L.P. | 3.202% | 09/09/2022 | 0.3% |
Ford Credit Floorplan Master Owner Trust A | 2.390% | 08/15/2022 | 0.3% |
NGPL Pipeco LLC | 4.875% | 08/15/2027 | 0.3% |
Gilead Sciences, Inc. | 4.600% | 09/01/2035 | 0.3% |
Neuberger Berman Group LLC | 4.500% | 03/15/2027 | 0.3% |
Macquarie Group Ltd. | 4.654% | 03/27/2029 | 0.3% |
Royal Caribbean Cruises Ltd. | 7.500% | 10/15/2027 | 0.3% |
Occidental Petroleum Corp. | 6.950% | 07/01/2024 | 0.3% |
BAT Capital Corp | 4.390% | 08/15/2037 | 0.3% |
SL Green Realty Corp. | 4.500% | 12/01/2022 | 0.3% |
Valmont Industries, Inc. | 5.250% | 10/01/2054 | 0.3% |
CNO Financial Group, Inc. | 5.250% | 05/30/2025 | 0.3% |
CVS Caremark Corp. | 4.780% | 03/25/2038 | 0.3% |
Berkshire Hathaway Energy Co. | 3.800% | 07/15/2048 | 0.3% |
Mississippi Power Co. | 4.250% | 03/15/2042 | 0.3% |
Piedmont Natural Gas Co., Inc. | 4.100% | 09/18/2034 | 0.3% |
Abbott Laboratories | 4.750% | 11/30/2036 | 0.3% |
PPL WEM Ltd./Western Power Distribution Ltd. | 5.375% | 05/01/2021 | 0.3% |
SVB Financial Group | 3.500% | 01/29/2025 | 0.3% |
AON, Inc. | 3.875% | 12/15/2025 | 0.3% |
Cigna Corp | 6.125% | 11/15/2041 | 0.3% |
Fresenius Medical Care US Finance II, Inc. | 4.750% | 10/15/2024 | 0.3% |
BAT Capital Corp | 3.222% | 08/15/2024 | 0.3% |
Glencore Finance Canada Ltd. | 5.550% | 10/25/2042 | 0.3% |
Spirit Realty LP | 3.400% | 01/15/2030 | 0.3% |
Westpac Banking Corp. | 4.110% | 07/24/2034 | 0.3% |
IHS Markit Ltd | 4.000% | 03/01/2026 | 0.3% |
Vulcan Materials Co. | 3.170% | 03/01/2021 | 0.3% |
Global Atlantic Fin Co | 4.400% | 10/15/2029 | 0.3% |
Oklahoma Gas and Electric | 3.300% | 03/15/2030 | 0.3% |
Air Lease Corp. | 3.625% | 04/01/2027 | 0.3% |
Lockheed Martin Corp. | 7.750% | 05/01/2026 | 0.3% |
Northrop Grumman Systems Corp. | 7.875% | 03/01/2026 | 0.3% |
Nvent Finance Sarl | 4.550% | 04/15/2028 | 0.3% |
Discover Financial Services | 4.100% | 02/09/2027 | 0.2% |
Comcast Corp. | 4.950% | 10/15/2058 | 0.2% |
Litton Industries, Inc. | 7.750% | 03/15/2026 | 0.2% |
El Paso Electric Co. | 6.000% | 05/15/2035 | 0.2% |
U.S. Treasury Note/Bond | 2.375% | 05/15/2029 | 0.2% |
Aquarion Co. | 4.000% | 08/15/2024 | 0.2% |
WGL Holdings, Inc. | 2.925% | 11/29/2019 | 0.2% |
Securian Financial Group Inc | 4.800% | 04/15/2048 | 0.2% |
DPL, Inc. | 4.350% | 04/15/2029 | 0.2% |
Midwest Connector Capital Co LLC | 3.900% | 04/01/2024 | 0.2% |
Ausgrid Finance Pty Ltd | 4.350% | 08/01/2028 | 0.2% |
Caesars Palace Las Vegas Trust 2017-VICI | 3.531% | 10/15/2034 | 0.2% |
National Fuel Gas Co. | 7.395% | 03/30/2023 | 0.2% |
Assurant, Inc. | 3.700% | 02/22/2030 | 0.2% |
International Lease Finance Corp. | 8.625% | 01/15/2022 | 0.2% |
Orange S.A. | 9.000% | 03/01/2031 | 0.2% |
California | 7.600% | 11/01/2040 | 0.2% |
National Fuel Gas Co. | 4.900% | 12/01/2021 | 0.2% |
Chicago, IL | 6.314% | 01/01/2044 | 0.2% |
AbbVie, Inc. | 4.875% | 11/14/2048 | 0.2% |
Xilinx, Inc. | 2.950% | 06/01/2024 | 0.2% |
EPR Properties | 4.750% | 12/15/2026 | 0.2% |
Gulfstream Natural Gas System LLC | 4.600% | 09/15/2025 | 0.2% |
AbbVie, Inc. | 4.700% | 05/14/2045 | 0.2% |
Dell International LLC / EMC Corp. | 8.350% | 07/15/2046 | 0.2% |
NRG Energy, Inc. | 4.450% | 06/15/2029 | 0.2% |
Philip Morris International, Inc. | 3.250% | 11/10/2024 | 0.2% |
Enterprise Products Operating LLC | 7.550% | 04/15/2038 | 0.2% |
Dr. Pepper Snapple Group, Inc. | 4.417% | 05/25/2025 | 0.2% |
SCANA Corp. | 4.125% | 02/01/2022 | 0.2% |
Las Vegas Sands Corp. | 3.900% | 08/08/2029 | 0.2% |
Healthcare Realty Trust, Inc. | 3.750% | 04/15/2023 | 0.2% |
International Paper Co. | 7.300% | 11/15/2039 | 0.2% |
Interstate Power & Light Co | 3.500% | 09/30/2049 | 0.2% |
Puget Energy, Inc. | 5.625% | 07/15/2022 | 0.2% |
Fresenius Medical Care US Finance II, Inc. | 5.875% | 01/31/2022 | 0.2% |
Webster Financial Corp. | 4.100% | 03/25/2029 | 0.2% |
Unum Group | 5.750% | 08/15/2042 | 0.2% |
Credit Suisse First Boston USA, Inc. | 7.125% | 07/15/2032 | 0.2% |
Energy Transfer Operating LP | 4.050% | 03/15/2025 | 0.2% |
Newmont Mining Corp. | 3.700% | 03/15/2023 | 0.2% |
Cimarex Energy Co. | 4.375% | 03/15/2029 | 0.2% |
Southern Copper Corp. | 5.875% | 04/23/2045 | 0.2% |
Trimble Navigation Ltd. | 4.900% | 06/15/2028 | 0.2% |
Global Payments, Inc. | 3.200% | 08/15/2029 | 0.2% |
American Homes 4 Rent LP | 4.250% | 02/15/2028 | 0.2% |
AstraZeneca plc | 6.450% | 09/15/2037 | 0.2% |
Telefonica Emisiones SAU | 7.045% | 06/20/2036 | 0.2% |
NYU Hospitals Center | 4.368% | 07/01/2047 | 0.2% |
Transatlantic Holdings, Inc. | 8.000% | 11/30/2039 | 0.2% |
CNH Capital LLC | 4.375% | 04/05/2022 | 0.2% |
Goodman US Finance Three LLC | 3.700% | 03/15/2028 | 0.2% |
Baker Hughes a GE Co LLC / Baker Hughes Co-Obligor | 3.337% | 12/15/2027 | 0.2% |
Zimmer Biomet Holdings, Inc. | 5.750% | 11/30/2039 | 0.2% |
Avista Corp. | 4.350% | 06/01/2048 | 0.2% |
Northwell Healthcare, Inc. | 3.979% | 11/01/2046 | 0.2% |
Progress Energy, Inc. | 7.750% | 03/01/2031 | 0.2% |
Kennametal, Inc. | 4.625% | 06/15/2028 | 0.2% |
CSX Corporation, Inc. | 7.875% | 05/15/2043 | 0.2% |
Puget Energy, Inc. | 3.650% | 05/15/2025 | 0.2% |
Southwest Gas Corp. | 4.150% | 06/01/2049 | 0.2% |
Dr. Pepper Snapple Group, Inc. | 5.085% | 05/25/2048 | 0.2% |
Continental Resources, Inc. | 4.900% | 06/01/2044 | 0.2% |
United Airlines 2019-2 Class AA Pass Through Trust | 2.700% | 05/01/2032 | 0.2% |
Amazon.com, Inc. | 4.050% | 08/22/2047 | 0.2% |
Kaiser Foundation Hospitals | 4.150% | 05/01/2047 | 0.2% |
New York St Electric & Gas Corp. | 3.300% | 09/15/2049 | 0.2% |
Energy Transfer Operating LP | 7.600% | 02/01/2024 | 0.2% |
Interstate Power & Light Co | 4.700% | 10/15/2043 | 0.2% |
Merck & Co., Inc. | 3.900% | 03/07/2039 | 0.1% |
Affiliated Managers Group, Inc. | 3.500% | 08/01/2025 | 0.1% |
American Airlines Class B Pass Through Trust | 4.375% | 10/01/2022 | 0.1% |
Neuberger Berman Group LLC | 4.875% | 04/15/2045 | 0.1% |
Canadian Pacific Railway Co. | 9.450% | 08/01/2021 | 0.1% |
Vodafone Group plc | 4.375% | 05/30/2028 | 0.1% |
Dollar Tree, Inc. | 4.200% | 05/15/2028 | 0.1% |
Roper Industries, Inc. | 3.850% | 12/15/2025 | 0.1% |
Walgreen Co. | 4.800% | 11/18/2044 | 0.1% |
Vistra Operations Co LLC | 4.300% | 07/15/2029 | 0.1% |
Selective Insurance Group, Inc. | 5.375% | 03/01/2049 | 0.1% |
Delta Air Lines 2019-1 Class AA Pass Through Trust | 3.204% | 04/25/2024 | 0.1% |
Caesars Palace Las Vegas Trust 2017-VICI | 3.835% | 10/15/2034 | 0.1% |
Weyerhaeuser Co. | 8.500% | 01/15/2025 | 0.1% |
Oncor Electric Delivery Co. LLC | 7.000% | 05/01/2032 | 0.1% |
Southern Star Central Corp. | 5.125% | 07/15/2022 | 0.1% |
Catholic Health Initiatives | 3.347% | 10/01/2029 | 0.1% |
Campbell Soup Co. | 3.040% | 03/15/2021 | 0.1% |
Vulcan Materials Co. | 3.010% | 06/15/2020 | 0.1% |
Healthcare Trust of America Holdings LP | 3.100% | 02/15/2030 | 0.1% |
Canadian National Railway Co. | 7.375% | 10/15/2031 | 0.1% |
IHS Markit Ltd | 4.250% | 05/01/2029 | 0.1% |
E*TRADE Financial Corp. | 4.500% | 06/20/2028 | 0.1% |
Hanover Insurance Group, Inc. | 4.500% | 04/15/2026 | 0.1% |
Oglethorpe Power Corp. | 5.050% | 10/01/2048 | 0.1% |
South Carolina Electric & Gas Co. | 6.050% | 01/15/2038 | 0.1% |
Tampa Electric Co. | 6.150% | 05/15/2037 | 0.1% |
Wells Fargo & Co. | 4.650% | 11/04/2044 | 0.1% |
E*TRADE Financial Corp. | 3.800% | 08/24/2027 | 0.1% |
Newell Rubbermaid, Inc. | 3.850% | 04/01/2023 | 0.1% |
Cleco Corp. | 4.973% | 05/01/2046 | 0.1% |
Grupo Televisa SAB | 6.625% | 01/15/2040 | 0.1% |
NYU Hospitals Center | 4.784% | 07/01/2044 | 0.1% |
Aqua America, Inc. | 3.566% | 05/01/2029 | 0.1% |
Bayer Corp | 6.650% | 02/15/2028 | 0.1% |
Bank of Montreal | 3.803% | 12/15/2032 | 0.1% |
Norfolk Southern Corp. | 5.590% | 05/17/2025 | 0.1% |
National Fuel Gas Co. | 3.950% | 09/15/2027 | 0.1% |
Boral Finance Pty Ltd | 3.000% | 11/01/2022 | 0.1% |
Energy Transfer Operating LP | 8.250% | 11/15/2029 | 0.1% |
Vulcan Materials Co. | 4.700% | 03/01/2048 | 0.1% |
Schlumberger Holdings Corp. | 4.300% | 05/01/2029 | 0.1% |
Pennsylvania Electric Co. | 3.600% | 06/01/2029 | 0.1% |
Avolon Holdings Funding Ltd | 5.125% | 10/01/2023 | 0.1% |
Cox Communications, Inc. | 4.500% | 06/30/2043 | 0.1% |
U.S. Bancorp | 3.000% | 07/30/2029 | 0.1% |
FedEx Corp. | 4.950% | 10/17/2048 | 0.1% |
Interstate Power & Light Co | 3.600% | 04/01/2029 | 0.1% |
Equinix, Inc. | 5.875% | 01/15/2026 | 0.1% |
Amazon.com, Inc. | 4.250% | 08/22/2057 | 0.1% |
SL Green Operating Partnership L.P. | 3.250% | 10/15/2022 | 0.1% |
El Paso Electric Co. | 5.000% | 12/01/2044 | 0.1% |
Ashtead Capital, Inc. | 4.250% | 11/01/2029 | 0.1% |
D.R. Horton, Inc. | 2.500% | 10/15/2024 | 0.1% |
Hess Corp. | 5.800% | 04/01/2047 | 0.1% |
Entergy Louisiana LLC | 4.000% | 03/15/2033 | 0.1% |
Valero Energy Corp. | 8.750% | 06/15/2030 | 0.1% |
Harris Corp. | 4.400% | 06/15/2028 | 0.1% |
Hess Corp. | 5.600% | 02/15/2041 | 0.1% |
Suncor Energy Ventures Corp | 9.400% | 09/01/2021 | 0.1% |
Entergy Texas, Inc. | 4.000% | 03/30/2029 | 0.1% |
Illinois, IL | 5.100% | 06/01/2033 | 0.1% |
Jersey Central Power & Light Co. | 4.700% | 04/01/2024 | 0.1% |
PTL Finance Corp. | 3.450% | 07/01/2024 | 0.1% |
Healthcare Realty Trust, Inc. | 3.625% | 01/15/2028 | 0.1% |
San Diego Gas & Electric Co | 1.914% | 02/01/2022 | 0.1% |
Suncor Energy Ventures Corp | 4.500% | 04/01/2022 | 0.1% |
CNH Capital LLC | 4.875% | 04/01/2021 | 0.1% |
General Electric Co. | 3.100% | 01/09/2023 | 0.1% |
Dover Corp. | 2.950% | 11/04/2029 | 0.1% |
AT&T, Inc. | 5.350% | 09/01/2040 | 0.1% |
Illinois, IL | 4.950% | 06/01/2023 | 0.1% |
Reynolds American, Inc. | 4.450% | 06/12/2025 | 0.1% |
Delphi Automotive plc | 4.350% | 03/15/2029 | 0.1% |
SCANA Corp. | 4.750% | 05/15/2021 | 0.1% |
Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.650% | 01/15/2023 | 0.1% |
Owens Corning | 4.300% | 07/15/2047 | 0.0% |
Trinity Acquisition plc | 4.625% | 08/15/2023 | 0.0% |
Drive Auto Receivables Trust 2017-1 | 2.840% | 04/15/2022 | 0.0% |
West Fraser Timber Co. Ltd. | 4.350% | 10/15/2024 | 0.0% |
Providence St Joseph Health Obligated Group | 2.532% | 10/01/2029 | 0.0% |
Valero Energy Corp. | 7.500% | 04/15/2032 | 0.0% |
National Fuel Gas Co. | 5.200% | 07/15/2025 | 0.0% |
Elanco Animal Health Inc | 4.900% | 08/28/2028 | 0.0% |
PTL Finance Corp. | 3.950% | 03/10/2025 | 0.0% |
IHS Markit Ltd | 3.625% | 05/01/2024 | 0.0% |
Royal Caribbean Cruises Ltd. | 3.700% | 03/15/2028 | 0.0% |
U.S. Treasury Note/Bond | 3.625% | 08/15/2043 | 0.0% |
US ULTRA BOND CBT DEC19 | 0.000% | 12/31/2019 | 0.0% |
US 10YR ULTRA FUT DEC19 | 0.000% | 12/31/2019 | 0.0% |
US 2YR NOTE (CBT) DEC19 | 0.000% | 01/06/2020 | 0.0% |
US LONG BOND(CBD) DEC19 | 0.000% | 12/31/2019 | 0.0% |
US 10YR NOTE (CBT)DEC19 | 0.000% | 12/31/2019 | 0.0% |
US 5YR NOTE (CBT) DEC19 | 0.000% | 01/06/2020 | 0.0% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 12/06/2019
- $0.368
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 11/30/2019 | $0.03199 | $10.23 |
Daily | Daily | 10/31/2019 | $0.03280 | $10.22 |
Daily | Daily | 09/30/2019 | $0.03258 | $10.21 |
Daily | Daily | 08/31/2019 | $0.03282 | $10.29 |
Daily | Daily | 07/31/2019 | $0.03332 | $10.07 |
Daily | Daily | 06/30/2019 | $0.03362 | $10.03 |
Daily | Daily | 05/31/2019 | $0.03403 | $9.85 |
Daily | Daily | 04/30/2019 | $0.03408 | $9.78 |
Daily | Daily | 03/31/2019 | $0.03390 | $9.74 |
Daily | Daily | 02/28/2019 | $0.03544 | $9.54 |
Daily | Daily | 01/31/2019 | $0.03409 | $9.55 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 12/31/2019 |
CAPITAL GAINS DISTRIBUTIONS
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/14/2017 | 12/15/2017 | - | $0.0068 | $0.0068 | $10.14 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Upcoming Capital Gain Distribution
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
Record Date | Ex-Dividend Date |
---|---|
12/17/2019 | 12/18/2019 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 11/30/2019
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
4.21% | 0.48% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 03/31/2020. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
0Documents selected
|
Order | ||||
---|---|---|---|---|---|
Summary Prospectus
Publish Date:11/03/2015
|
|||||
n/a |
Statutory Prospectus
Publish Date:11/03/2015
|
||||
n/a |
Prospectus (XBRL)
Publish Date:11/03/2015
|
||||
SAI
Publish Date:11/03/2015
|
|||||
Annual Report
Publish Date:11/03/2015
|
|||||
Semi-Annual Report
Publish Date:11/03/2015
|
|||||
Fact Sheet
Publish Date:11/03/2015
|