Credit Opportunities Fund | Lord Abbett

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Credit Opportunities Fund

fund alert

April 21 is the next quarterly deadline to redeem the Credit Opportunities Fund.

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the Credit Opportunities Fund?

The Fund seeks to deliver high current income and total return through a flexible strategy investing across a broad range of global fixed income sectors.

A LEADER IN CREDIT

An investment team with proven capabilities across corporate credit and structured product sectors.

A FLEXIBLE APPROACH

Flexibility to capture opportunities across multiple sectors of the global fixed income markets.

AN EXPANDED OPPORTUNITY SET

Potential for enhanced yield and return in less liquid sectors of fixed income markets through an interval fund structure.

Fund Basicsas of 02/27/2026

Total Net Assets
$2.94 B
Inception Date
Dividend Frequency
-
Number of Holdings
199

Adjusted Expense Ratio – Excludes certain investment expenses, such as the interest expense from borrowing in certain underlying funds.

 

LEAD PORTFOLIO MANAGERS

rocco-steven

Steven F. Rocco, CFA
Partner, Co-Head of Taxable Fixed Income
25 Years of Industry Experience

castle-adam

Adam C. Castle, CFA
Partner, Portfolio Manager
18 Years of Industry Experience

kang-eric

Eric P. Kang
Partner, Portfolio Manager
27 Years of Industry Experience

 

INVESTMENT COUNCIL

gizzo-christopher

Christopher Gizzo, CFA
Partner, Deputy Director of Leveraged Credit
18 Years of Industry Experience

lehmann-jeremy

Jeremy Lehmann, CFA
Portfolio Manager
14 Years of Industry Experience

novak-john

John M. Novak, CFA
Managing Director, Head of Research - U.S. Bank Loans
30 Years of Industry Experience

trifon-harris

Harris Trifon
Partner, Portfolio Manager
26 Years of Industry Experience

skulkina-mila

Mila Skulkina, CFA
Senior Managing Director, Portfolio Manager
25 Years of Industry Experience

solomon-todd

Todd Solomon
Portfolio Manager
30 Years of Industry Experience

posner-kearney

Kearney Posner, CFA
Partner, Portfolio Manager
27 Years of Industry Experience

Performance

Performance

Portfolio

Portfolio

Type Assets
U.S. High Yield Corporate
CLO
Bank Loans
U.S. Investment Grade Corporate
Non-U.S. High Yield Corporate
ABS
Private Credit
Convertibles
Non-U.S. Investment Grade Corporate
Sovereign
U.S. Government Related
Emerging Market
Common Stock
Equity
CMBS
Other
Cash
Rating 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

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 02/27/2026

Rating Assets
Agency
AA
A
BBB
BB
B
CCC
<CCC
Not Rated

Portfolio Details as of 02/27/2026

Total Net Assets
$2.94 B
Average Effective Duration
1.38 Years
Average Life
3.5 Years
Average Maturity
3.95 Years
Number of Issues
199
Average Yield to Maturity
11.72%
Distribution Yield (as of )
%

To view definitions for the above Portfolio Details, Click here.

Average Effective Maturity is the weighted average of all the maturities of the securities held in a fund. The maturity of a security is the length of time until final payment is due, or if applicable, an earlier date based on relevant factors such as maturity-shortening devices. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
LA PRIVATE CREDIT FUND S0.000% 04/02/20994.2%
Saturn Oil & Gas Inc9.625% 10/12/20282.4%
X Corp9.500% 10/29/20292.2%
Park River Holdings Inc8.750% 12/31/20302.1%
LBM Acquisition LLC6.250% 01/15/20292.0%
AES Corp/The0.000% 03/05/20261.9%
Park-Ohio Industries Inc8.500% 08/01/20291.8%
CMG Media Corp8.875% 06/18/20291.6%
Hughes Satellite Systems Corp6.625% 08/01/20261.6%
Ovintiv Inc0.000% 03/25/20261.5%
Global Payments Inc0.000% 03/10/20261.5%
Sinclair Television Group Inc7.075% 12/31/20291.5%
Level 3 Financing Inc8.500% 01/15/20341.4%
LA PRIVATE CREDIT FUND0.000% 10/04/20991.4%
Borr IHC Ltd / Borr Finance LLC10.375% 11/15/20301.3%
Transocean International Ltd6.800% 03/15/20381.3%
Venture Global LNG Inc9.000% 09/30/20291.3%
VStrong Auto Receivables Trust 2024-A10.120% 10/17/20281.3%
JELD-WEN Inc7.000% 09/01/20321.3%
CP Atlas Buyer Inc12.750% 01/15/20311.2%
ACProducts Holdings Inc6.375% 05/15/20291.2%
Kraken Oil & Gas Partners LLC7.625% 08/15/20281.2%
Scripps Escrow II Inc5.375% 01/15/20311.1%
Specialty Building Products Holdings LLC7.510% 10/16/20281.1%
CSC Holdings LLC4.625% 12/01/20301.1%
Alloy Finco Ltd0.500% 03/06/20281.1%
Cable One Inc4.000% 11/15/20301.1%
Moss Creek Resources Holdings Inc8.250% 09/01/20311.1%
National Fuel Gas Co0.000% 03/06/20261.0%
Exeter Automobile Receivables Trust 2023-29.750% 06/10/20281.0%
Conair Holdings LLC7.524% 05/17/20281.0%
SCF Preferred Equity LLC7.500% 10/16/20261.0%
Brand Industrial Services Inc8.139% 08/01/20301.0%
Tronox Inc4.625% 03/15/20290.9%
Alimentation Couche-Tard Inc0.000% 03/02/20260.9%
Targa Resources Corp0.000% 03/09/20260.9%
Central Parent LLC6.921% 07/06/20290.9%
GPS Hospitality Holding Co LLC / GPS Finco Inc7.000% 08/15/20280.8%
Wilsonart LLC11.000% 08/15/20320.8%
Evergy Missouri West Inc0.000% 03/11/20260.8%
Hilcorp Energy I LP / Hilcorp Finance Co7.250% 02/15/20350.8%
VistaJet Malta Finance PLC / Vista Management Holding Inc6.375% 02/01/20300.8%
Targa Resources Corp0.000% 03/03/20260.8%
888 Acquisitions LLC8.914% 07/03/20280.8%
Sinclair Television Group Inc7.860% 12/31/20300.7%
Exeter Automobile Receivables Trust 2024-27.980% 10/18/20280.7%
SESI LLC7.875% 03/02/20290.7%
Gray Media Inc5.375% 11/15/20310.6%
Vermilion Energy Inc7.250% 02/15/20330.6%
Cornerstone Building Brands Inc6.125% 01/15/20290.6%
Nabors Industries Inc1.750% 06/15/20290.6%
Bank of England Euro Note4.625% 03/06/20260.6%
OCP CLO 2023-26 Ltd0.000% 03/02/20260.6%
AutoNation Inc0.000% 03/04/20260.5%
Exeter Automobile Receivables Trust 2023-112.070% 03/07/20280.5%
International Flavors & Fragrances Inc0.000% 03/02/20260.5%
ZF North America Capital Inc7.500% 01/24/20310.5%
LABL Inc8.625% 10/01/20310.5%
KKR CLO 56 Ltd10.172% 02/05/20340.5%
Oscar AcquisitionCo LLC / Oscar Finance Inc9.500% 04/15/20300.5%
CTM CLO 2025-1 Ltd7.172% 07/11/20340.5%
Boxer Parent Co Inc6.673% 07/30/20310.5%
Cedar Funding XVIII CLO Ltd7.571% 02/20/20330.5%
AGL CLO 30 Ltd10.420% 10/19/20330.5%
Air Lease Corp0.000% 03/06/20260.4%
S&P Global Inc0.000% 03/05/20260.4%
Regatta 31 Funding Ltd0.000% 07/25/20370.4%
Phillips 660.000% 03/24/20260.4%
Rackspace Finance LLC6.525% 05/15/20280.4%
Evergy Missouri West Inc0.000% 03/04/20260.4%
888 Acquisitions Ltd8.000% 09/30/20310.4%
Transocean International Ltd7.500% 04/15/20310.4%
Madison Park Funding XLVII Ltd7.568% 02/08/20330.4%
Borr Drilling Ltd5.000% 02/08/20280.4%
Elmwood CLO 20 Ltd0.000% 03/02/20260.4%
Crescent Energy Finance LLC7.875% 04/15/20290.4%
ICG US CLO 2024-R1 Ltd7.318% 05/10/20340.4%
RR 18 Ltd0.000% 03/02/20260.4%
Rad CLO 22 Ltd0.000% 03/02/20260.4%
Santander Bank Auto Credit-Linked Notes Series 2022-C14.592% 04/20/20260.3%
Bryant Park Funding 2025-26 Ltd9.018% 02/26/20350.3%
Dryden 94 CLO Ltd11.772% 04/01/20340.3%
NGC CLO 2 LTD7.218% 03/18/20340.3%
Empower CLO 2024-2 Ltd9.722% 07/04/20340.3%
Dryden 115 CLO Ltd10.768% 09/07/20330.3%
Herens Midco Sarl5.250% 05/15/20290.3%
Harmony-Peace Park CLO Ltd6.668% 03/14/20340.3%
AMMC CLO 31 Ltd9.118% 06/25/20340.3%
Bain Capital Credit CLO 2024-4 Ltd9.671% 09/11/20340.3%
Ballyrock CLO 24 Ltd0.000% 03/02/20260.3%
Altice France SA6.500% 04/15/20320.3%
GLS Auto Receivables Issuer Trust 2024-27.980% 01/08/20290.3%
New Mountain CLO 5 Ltd0.000% 01/18/20360.3%
Meritage Homes Corp1.750% 05/15/20280.3%
Exeter Automobile Receivables Trust 2024-57.220% 01/03/20290.3%
Perimeter Master Note Business Trust12.800% 07/15/20290.3%
Oscar Acquisitionco LLC7.951% 04/30/20290.3%
Benefit Street Partners CLO XXXIX Ltd0.000% 01/13/20380.3%
Exeter Automobile Receivables Trust 2024-37.840% 03/03/20290.3%
Oracle Corp6.500% 01/15/20290.3%
720 East CLO 2022-I Ltd9.568% 05/10/20340.3%
Ally Auto Receivables Trust 2024-10.000% 12/14/20300.3%
Tronox Finance LLC5.951% 04/04/20290.3%
Trinitas CLO XXVI Ltd7.368% 11/06/20340.3%
Stanley Black & Decker Inc0.000% 03/20/20260.3%
Hayfin US XIV Ltd9.768% 09/10/20350.3%
KKR CLO 47 Ltd10.172% 10/06/20340.3%
Rockford Tower CLO 2025-1 Ltd9.272% 02/28/20350.2%
Barrow Hanley CLO I Ltd8.918% 09/02/20340.2%
Sandstone Peak IV Ltd9.859% 10/30/20350.2%
AMMC CLO 23 Ltd10.318% 11/27/20340.2%
CIFC Funding 2024-I Ltd7.368% 03/28/20330.2%
Kennedy Lewis CLO 20 Ltd9.018% 08/25/20340.2%
SBNA Auto Receivables Trust 2024-A8.000% 10/28/20280.2%
MARKIT CDX.NA.HY.45 12/30*5.000% 12/20/20300.2%
Federal Home Loan Banks1.000% 03/23/20260.2%
LABL INC NON RSA8.625% 10/01/20310.2%
Ares LV CLO Ltd10.172% 03/25/20340.2%
INVESCO US CLO 2025-1 LTD9.672% 02/25/20350.2%
Sandstone Peak II Ltd10.118% 06/23/20350.2%
Silver Point CLO 9 Ltd10.572% 05/10/20350.2%
Trinitas CLO XXVI Ltd10.418% 05/25/20350.2%
Rogers Communications Inc/Ontario0.000% 03/05/20260.2%
USB Auto Owner Trust 2025-10.000% 03/02/20260.2%
Evergy Missouri West Inc0.000% 03/05/20260.2%
Brant Point Clo 2024-3 Ltd10.460% 01/20/20390.2%
Orion CLO 2026-7 Ltd8.917% 04/20/20390.2%
Elmwood CLO 14 Ltd9.168% 08/22/20350.2%
ASP Unifrax Holdings Inc0.048% 09/28/20290.2%
Santander Bank Auto Credit-Linked Notes Series 2022-B14.552% 03/30/20260.2%
AMC Networks Inc4.250% 02/15/20290.2%
APIDOS CLO XLVIII Ltd9.418% 12/28/20330.2%
Bain Capital Credit Clo 2024-5 Ltd9.820% 04/21/20340.2%
1988 CLO 4 Ltd10.592% 11/18/20330.2%
Santander Bank Auto Credit-Linked Notes Series 2022-A12.662% 03/30/20260.2%
Steele Creek CLO 2022-1 Ltd11.672% 03/14/20350.2%
Rocket Software Inc9.000% 11/28/20280.1%
37 Capital Clo 4 Ltd9.022% 01/14/20320.1%
AMC Networks Inc4.250% 02/15/20290.1%
Ballyrock CLO 26 Ltd0.000% 03/02/20260.1%
Ares LXXIV CLO Ltd9.672% 11/22/20340.1%
Exeter Automobile Receivables Trust 2021-10.000% 07/15/20330.1%
Crown City CLO I10.258% 12/02/20340.1%
Sycamore Tree CLO 2024-5 Ltd10.068% 09/18/20350.1%
AES Corp/The0.000% 03/04/20260.1%
LBM Acquisition LLC7.518% 06/06/20310.1%
Hayfin US XII Ltd9.418% 08/22/20340.1%
Navesink Clo 5 Ltd6.717% 03/31/20390.1%
Empower CLO 2023-2 Ltd9.272% 11/01/20350.1%
Bridge Street CLO V Ltd9.018% 11/14/20340.1%
Orion CLO 2025-5 Ltd9.618% 12/24/20340.1%
POLUS US CLO I Ltd11.008% 08/16/20340.1%
AB BSL CLO 4 Ltd0.000% 07/20/20370.1%
Kennedy Lewis CLO 22 Ltd9.168% 03/08/20350.1%
Sunac China Holdings Ltd0.000% 06/23/20280.1%
PenFed Auto Receivables Owner Trust 2022-A0.000% 03/02/20260.1%
Sunac China Holdings Ltd0.000% 06/23/20260.1%
720 East CLO 2023-I Ltd10.982% 07/19/20340.1%
CARLYLE US CLO 2019-3 LTD8.621% 04/20/20390.1%
Atlanticus Holdings Corp9.750% 09/01/20300.1%
Cedar Funding VIII Clo Ltd10.088% 12/19/20340.1%
Affirm Asset Securitization Trust 2025-X10.000% 03/02/20260.1%
Affirm Asset Securitization Trust 2024-X20.000% 12/17/20290.0%
Multi-Color Corporation0.104% 12/02/20260.0%
Shimao Group Holdings Ltd0.000% 09/09/99990.0%
OCP CLO 2024-31 Ltd10.568% 10/07/20330.0%
Laurel Road Prime Student Loan Trust 2019-A0.000% 03/02/20260.0%
Affirm Asset Securitization Trust 2024-X10.000% 05/15/20290.0%
Rockland Park CLO Ltd9.368% 05/24/20350.0%
Birch Grove CLO 3 Ltd8.818% 08/25/20340.0%
TCW CLO 2021-2 Ltd10.418% 03/30/20350.0%
ELM20 2022 7 FEE STRIP 0.00 00.000% 01/17/20270.0%
ASP Unifrax Holdings Inc7.100% 09/30/20290.0%
Carvana Auto Receivables Trust 2021-N10.000% 03/02/20260.0%
ACBL0.000% 09/09/99990.0%
Logan Group Co Ltd5.250% 02/23/20230.0%
Flagship Credit Auto Trust 2020-40.000% 03/02/20260.0%
NEW MOUNTAIN CLO 5 LTD0.000% 07/20/20360.0%
Sierra Timeshare 2024-2 Receivables Funding LLC7.480% 11/22/20270.0%
Logan Group Co Ltd4.500% 01/13/20280.0%
J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-BOLT11.137% 08/15/20330.0%
Exeter Automobile Receivables Trust 2021-40.000% 03/02/20260.0%
CIFI Holdings Group Co Ltd0.000% 06/30/20290.0%
CIFI Holdings Group Co Ltd2.750% 03/03/20260.0%
Sunac China Holdings Ltd0.000% 09/09/99990.0%
Pagaya AI Debt Selection Trust 2021-10.000% 03/02/20260.0%
Miller's Ale House Inc9.063% 05/30/20250.0%
First Brands Group LLC8.914% 03/30/20270.0%
First Brands Group LLC0.000% 06/29/20260.0%
FX EUR/USD 03/26- 03/06/20260.0%
FX EUR/USD 03/26- 03/06/20260.0%
FX EUR/USD 03/26- 03/06/20260.0%
FX USD/EUR 03/26- 03/06/20260.0%
FX USD/EUR 03/26- 03/06/20260.0%
FX USD/EUR 03/26- 03/06/20260.0%
FX USD/EUR 03/26- 03/06/20260.0%
FX USD/EUR 03/26- 03/06/20260.0%
Clover Holdings 2 LLC7.750% 12/09/20310.0%
CHINOS INTERMEDIATE 2 LLC0.000% 09/09/99990.0%
Credit Default Swap1.000% 12/20/20270.0%
Credit Default Swap0.250% 12/20/20260.0%
JP Morgan Chase Commercial Mortgage Securities Trust 2014-DSTY3.805% 03/10/20260.0%
FX EUR/USD 03/26- 03/06/20260.0%
FX EUR/USD 03/26- 03/06/20260.0%
First Brands Group LLC8.934% 03/30/20270.0%
First Brands Group LLC5.218% 06/29/20260.0%
ACBL HLDG CORP0.000% 09/09/99990.0%
Citgo Holding Inc9.633% 08/01/20230.0%
Shimao Group Holdings Ltd5.000% 07/21/20310.0%
Pagaya AI Debt Selection Trust 2020-10.000% 03/02/20260.0%
PODS LLC6.934% 03/31/20280.0%
FX USD/EUR 03/26- 03/06/20260.0%
Holding Coupon Maturity Assets
LA PRIVATE CREDIT FUND S 0.000% 04/02/2099 4.2%
Saturn Oil & Gas Inc 9.625% 10/12/2028 2.4%
X Corp 9.500% 10/29/2029 2.2%
Park River Holdings Inc 8.750% 12/31/2030 2.1%
LBM Acquisition LLC 6.250% 01/15/2029 2.0%
AES Corp/The 0.000% 03/05/2026 1.9%
Park-Ohio Industries Inc 8.500% 08/01/2029 1.8%
CMG Media Corp 8.875% 06/18/2029 1.6%
Hughes Satellite Systems Corp 6.625% 08/01/2026 1.6%
Ovintiv Inc 0.000% 03/25/2026 1.5%
% of Total Assets 21.3%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Dividends & Cap Gains

Dividends & Cap Gains

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
04/29/2026 04/30/2026 04/30/2026
05/30/2026 05/31/2026 05/31/2026
06/29/2026 06/30/2026 06/30/2026
07/30/2026 07/31/2026 07/31/2026
08/30/2026 08/31/2026 08/31/2026
09/29/2026 09/30/2026 09/30/2026
10/30/2026 10/31/2026 10/31/2026
11/29/2026 11/30/2026 11/30/2026
12/30/2026 12/31/2026 12/31/2026

Fees & Expenses

Fees & Expenses

Adjusted Expense Ratio – Excludes certain investment expenses, such as the interest expense from borrowing in certain underlying funds.

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Statutory Prospectus
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
Commentary
Publish Date:11/03/2015
Fund Story
Publish Date:11/03/2015
Repurchase Calendar
Publish Date:11/03/2015

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