LCRAX | Core Fixed Income Fund Class A | Lord Abbett

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Core Fixed Income Fund

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Daily price w/o sales charge as of 05/01/2026

$9.24

arrowUp$0.01

YTD Returns w/o sales charge as of 05/01/2026

0.19%

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 Core Fixed Income Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in U.S. investment grade corporate, government, and mortgage- and asset-backed securities.

Yield

Average Yield to Maturity as of 03/31/2026

4.81%

Distribution Yield as of 05/01/2026  

4.42%

30-Day Standardized Yield 1 as of 03/31/2026  

4.30%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

Fund Basicsas of 03/31/2026

Total Net Assets
$4.72 B
Inception Date
08/31/2000
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.55%
Fund Net Expense Ratio
0.55%
Number of Holdings
478
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 08/31/2000
w/o sales charge 0.07% 4.08% 3.68% 0.14% 1.64% 3.88%
Lipper Category Avg. Core Bond Funds - - - - - -
Bloomberg U.S. Aggregate Bond Index 0.07% 4.06% 3.46% 0.18% 1.67% 3.87%
w/ sales charge -2.23% 1.77% 2.89% -0.32% 1.41% 3.79%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 08/31/2000
w/o sales charge -0.09% 4.20% 3.82% 0.28% 1.68% 3.89%
Lipper Category Avg. Core Bond Funds -0.11% 4.32% 3.80% 0.28% 1.83% -
Bloomberg U.S. Aggregate Bond Index -0.05% 4.35% 3.63% 0.31% 1.70% 3.88%
w/ sales charge -2.38% 1.89% 3.03% -0.17% 1.45% 3.79%

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee 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. 

Type Assets
MBS
Corporates
U.S. Government Related
ABS
CMBS
CLO
Bank Loans
Sovereign
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
1-3 years
3-5 years
5-7 years
7-10 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 03/31/2026 View Portfolio

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
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

Robert A. Lee
Robert A. Lee

Partner, Co-Head of Taxable Fixed Income

35 Years of Industry Experience

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner, Portfolio Manager

28 Years of Industry Experience

Leah G. Traub
Leah G. Traub, Ph.D.

Partner & Portfolio Manager

25 Years of Industry Experience

Adam C. Castle
Adam C. Castle, CFA

Partner, Head of Securitized Credit

18 Years of Industry Experience

Harris Trifon
Harris Trifon

Partner, Portfolio Manager

26 Years of Industry Experience

Karen J. Gunnerson
Karen J. Gunnerson

Senior Managing Director, Portfolio Manager

16 Years of Industry Experience

Yoana N. Koleva
Yoana N. Koleva, CFA

Partner, Portfolio Manager

23 Years of Industry Experience

Supported By 103 Investment Professionals with 17 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 03/31/2026

4.81%

Distribution Yield as of 05/01/2026  

4.42%

30-Day Standardized Yield 1 as of 03/31/2026  

  Subsidized2 Un-Subsidized3
w/o sales charge 4.30% 4.30%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 08/31/2000
w/o sales charge 0.07% 4.08% 3.68% 0.14% 1.64% 3.88%
Lipper Category Avg. Core Bond Funds - - - - - -
Bloomberg U.S. Aggregate Bond Index 0.07% 4.06% 3.46% 0.18% 1.67% 3.87%
w/ sales charge -2.23% 1.77% 2.89% -0.32% 1.41% 3.79%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 08/31/2000
w/o sales charge -0.09% 4.20% 3.82% 0.28% 1.68% 3.89%
Lipper Category Avg. Core Bond Funds -0.11% 4.32% 3.80% 0.28% 1.83% -
Bloomberg U.S. Aggregate Bond Index -0.05% 4.35% 3.63% 0.31% 1.70% 3.88%
w/ sales charge -2.38% 1.89% 3.03% -0.17% 1.45% 3.79%

Fund Expense Ratio :

Gross 0.55%

Net 0.55%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee 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. 

Year Fund Returns Bloomberg U.S. Aggregate Bond Index
2025 7.08% 7.30%
2024 2.00% 1.25%
2023 5.61% 5.53%
2022 -13.65% -13.01%
2021 -0.89% -1.54%
2020 7.92% 7.51%
2019 7.83% 8.72%
2018 -0.43% 0.01%
2017 3.25% 3.54%
2016 2.71% 2.65%
2015 -0.54% -
2014 6.13% -
2013 -2.28% -
2012 5.84% -
2011 7.60% -
2010 6.66% -
2009 12.49% -
2008 1.12% -
2007 6.15% -
2006 3.97% -
Year Q1 Q2 Q3 Q4
2026 -0.09% - - -
2025 2.68% 1.13% 2.11% 0.99%
2024 -0.48% 0.28% 5.09% -2.74%
2023 2.98% -0.85% -2.91% 6.53%
2022 -5.84% -5.20% -4.83% 1.65%
2021 -2.72% 1.98% -0.03% -0.07%
2020 1.63% 3.62% 1.33% 1.14%
2019 2.83% 2.89% 2.04% -0.12%
2018 -1.39% -0.34% 0.03% 1.29%
2017 0.85% 1.32% 0.75% 0.29%
2016 2.65% 2.37% 0.75% -2.99%
2015 1.36% -1.66% 0.62% -0.85%
2014 2.10% 2.17% 0.12% 1.61%
2013 0.00% -2.72% 0.36% 0.10%
2012 1.11% 2.06% 1.97% 0.57%
2011 0.58% 2.19% 3.56% 1.09%
2010 2.16% 3.13% 2.67% -1.40%
2009 2.40% 3.95% 5.43% 0.24%
2008 1.19% -0.08% -1.27% 1.30%
2007 1.36% -0.74% 2.79% 2.65%
2006 -0.56% -0.27% 3.75% 1.06%
2005 -0.20% 2.87% -0.90% 0.39%
2004 2.37% -2.39% 2.96% 0.81%
2003 1.18% 2.68% -0.26% 0.19%
2002 0.00% 2.80% 3.86% 2.38%
2001 3.27% 0.53% 5.03% 0.37%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 03/31/2026

The chart begins on the Fund's inception date of 08/31/2000.

Based on a hypothetical Class A share investment of $10,000 on 08/31/2000 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
MBS
Corporates
U.S. Government Related
ABS
CMBS
CLO
Bank Loans
Sovereign
Cash

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

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 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 03/31/2026

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
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 03/31/2026

Total Net Assets
$4.72 B
Average Effective Duration
5.89 Years
Average Life
9.3 Years
Average Maturity
7.22 Years
Number of Issues
478
Average Yield to Maturity
4.81%
Distribution Yield (as of 05/01/2026)
4.42%

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

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Average Life - Measures how long it will take, on average, to receive the repayment of the principal amount on a debt security.  Average life is often used in connection with mortgage-backed securities as a measurement of the length of time, on average, before the underlying mortgages are paid, refinanced, or otherwise retired.

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
United States Treasury Note/Bond 3.500% 11/30/2030 3.5%
United States Treasury Note/Bond 4.750% 05/15/2055 3.4%
United States Treasury Note/Bond 4.750% 02/15/2045 2.9%
LAC REPO 3.150% 04/01/2026 2.3%
BARCLAYS CAPITAL 3.700% 04/01/2026 2.3%
United States Treasury Note/Bond 3.375% 02/29/2028 2.3%
United States Treasury Note/Bond 4.500% 11/15/2054 2.2%
United States Treasury Note/Bond 3.625% 12/31/2030 2.2%
United States Treasury Note/Bond 4.625% 11/15/2044 1.9%
United States Treasury Note/Bond 3.375% 12/31/2027 1.7%
% of Total Assets 24.7%
Holding Coupon Maturity Assets
United States Treasury Note/Bond3.500% 11/30/20303.5%
United States Treasury Note/Bond4.750% 05/15/20553.4%
United States Treasury Note/Bond4.750% 02/15/20452.9%
BARCLAYS CAPITAL3.700% 04/01/20262.3%
LAC REPO3.150% 04/01/20262.3%
United States Treasury Note/Bond3.375% 02/29/20282.3%
United States Treasury Note/Bond4.500% 11/15/20542.2%
United States Treasury Note/Bond3.625% 12/31/20302.2%
United States Treasury Note/Bond4.625% 11/15/20441.9%
United States Treasury Note/Bond3.375% 12/31/20271.7%
30-YR UMBS-TBA PROD MAY2.000% 09/18/20351.6%
United States Treasury Note/Bond4.875% 08/15/20451.4%
30-YR UMBS-TBA PROD MAY5.500% 07/05/20321.3%
30-YR UMBS-TBA PROD MAY5.000% 12/18/20331.2%
30-YR GNMA II-TBA PROD MAY3.000% 06/02/20341.2%
United States Treasury Note/Bond4.000% 11/15/20421.2%
RBC DOMINION SECURITIES INC.3.660% 04/01/20261.2%
15-YR UMBS-TBA PROD MAY5.000% 06/23/20301.1%
Fannie Mae Pool5.468% 01/15/20291.0%
15-YR UMBS-TBA PROD MAY4.500% 01/23/20310.8%
30-YR GNMA II-TBA PROD APR5.000% 11/04/20330.8%
30-YR GNMA II-TBA PROD MAY5.500% 05/26/20300.8%
30-YR GNMA II-TBA PROD APR5.500% 06/12/20300.7%
30-YR GNMA II-TBA PROD APR4.500% 04/30/20340.7%
30-YR UMBS-TBA PROD MAY6.000% 11/06/20300.7%
Fannie Mae Pool6.244% 08/01/20290.6%
30-YR UMBS-TBA PROD MAY2.500% 06/04/20350.6%
Freddie Mac Pool5.500% 02/08/20320.6%
15-YR UMBS-TBA PROD MAY5.500% 11/16/20290.6%
30-YR GNMA II-TBA PROD MAY2.000% 12/11/20340.6%
Freddie Mac Pool3.000% 10/11/20340.5%
Fannie Mae Pool2.500% 03/28/20350.5%
30-YR GNMA II-TBA PROD MAY2.500% 08/15/20340.5%
Fannie Mae Pool6.000% 10/06/20300.5%
Ford Credit Auto Owner Trust 2021-REV11.370% 10/07/20270.5%
30-YR UMBS-TBA PROD MAY4.500% 09/23/20340.5%
30-YR GNMA II-TBA PROD MAY5.000% 10/16/20330.4%
Fannie Mae Pool3.000% 10/18/20340.4%
BMO 2024-5C8 Mortgage Trust5.625% 11/27/20290.4%
Bank of America Corp3.970% 03/05/20280.4%
Targa Resources Partners LP / Targa Resources Partners Finance Corp5.500% 03/01/20280.4%
30-YR UMBS-TBA PROD MAY4.000% 06/06/20350.4%
Barclays PLC6.496% 09/13/20260.4%
SFS Auto Receivables Securitization Trust 2024-34.550% 01/19/20270.4%
Imperial Brands Finance PLC5.500% 01/01/20300.4%
Carmax Auto Owner Trust 2024-34.890% 04/11/20270.4%
30-YR GNMA II-TBA PROD MAY6.000% 12/03/20290.4%
BANK5 2025-5YR145.646% 03/24/20300.4%
Kuaishou Technology4.125% 01/22/20310.4%
Baxter International Inc5.650% 12/15/20350.4%
Benchmark 2025-V14 Mortgage Trust5.660% 03/07/20300.4%
American Transmission Systems Inc2.650% 01/15/20320.3%
Citigroup Inc3.887% 01/10/20270.3%
30-YR GNMA II-TBA PROD APR3.000% 06/07/20340.3%
30-YR UMBS-TBA PROD MAY6.500% 02/18/20300.3%
Royal Caribbean Cruises Ltd6.000% 08/01/20290.3%
AEP Texas Inc5.200% 04/15/20360.3%
J.P. Morgan Mortgage Trust 2021-153.000% 10/17/20370.3%
Freddie Mac Multifamily Structured Pass Through Certificates4.134% 11/29/20320.3%
Morgan Stanley4.431% 01/23/20290.3%
BANK5 2025-5YR175.225% 09/07/20300.3%
RATE Mortgage Trust 2021-HB12.500% 04/25/20370.3%
Wells Fargo Commercial Mortgage Trust 2024-5C15.928% 06/26/20290.3%
First National Master Note Trust5.340% 05/16/20270.3%
30-YR GNMA II-TBA PROD APR2.500% 08/21/20340.3%
Exeter Automobile Receivables Trust 2025-44.390% 02/06/20270.3%
Citizens Auto Receivables Trust 2024-25.260% 07/01/20270.3%
Wells Fargo & Co3.584% 05/22/20270.3%
Crown Castle Inc3.300% 07/01/20300.3%
EMD Finance LLC5.000% 10/15/20350.3%
Exeter Automobile Receivables Trust 2025-14.910% 12/23/20260.3%
15-YR UMBS-TBA PROD APR4.500% 02/13/20310.3%
Freddie Mac Pool2.000% 04/07/20340.3%
Freddie Mac Pool2.500% 11/08/20340.3%
Fannie Mae Pool3.500% 05/23/20340.3%
Uber Technologies Inc4.500% 08/15/20290.3%
VICI Properties LP / VICI Note Co Inc4.625% 12/01/20290.3%
Volkswagen Auto Lease Trust 2025-A4.500% 08/14/20270.3%
Vistra Operations Co LLC5.700% 09/30/20340.3%
BANK5 2024-5YR115.893% 10/29/20290.3%
Bank of America Corp3.593% 07/21/20270.3%
Fannie Mae Pool5.500% 01/28/20320.3%
Westlake Automobile Receivables Trust 2024-15.650% 11/29/20260.3%
Veralto Corp5.500% 08/18/20260.3%
SCF Equipment Leasing 2024-1 LLC5.520% 12/05/20270.3%
CPPIB Capital Inc3.875% 02/15/20310.3%
Carmax Auto Owner Trust 2023-35.470% 11/08/20270.3%
Foundry JV Holdco LLC6.150% 11/25/20310.3%
Freddie Mac Multifamily Structured Pass Through Certificates3.800% 10/13/20320.3%
Morgan Stanley Bank of America Merrill Lynch Trust 2025-5C15.635% 02/17/20300.3%
Madison Park Funding XLVII Ltd5.408% 12/15/20310.3%
Freddie Mac Pool3.000% 09/17/20340.3%
Freddie Mac Pool6.500% 10/25/20290.3%
Cantor Commercial Real Estate Lending 2019-CF33.006% 11/24/20290.3%
Eagle Funding Luxco Sarl5.500% 02/24/20290.3%
First Investors Auto Owner Trust 2025-14.390% 08/29/20280.3%
15-YR UMBS-TBA PROD MAY6.000% 08/26/20280.3%
PEAC Solutions Receivables 2024-2 LLC4.650% 03/26/20270.3%
Lendmark Funding Trust 2024-24.470% 09/08/20280.3%
BX Trust 2025-VOLT5.373% 12/15/20270.3%
Coca-Cola Consolidated Inc5.450% 03/01/20340.3%
Evergy Missouri West Inc5.650% 03/01/20340.3%
Westlake Automobile Receivables Trust 2026-14.010% 12/02/20270.3%
US Bancorp4.839% 02/01/20330.3%
Freddie Mac Non Gold Pool5.438% 10/24/20310.3%
GS Mortgage-Backed Securities Trust 2021-MM12.500% 08/16/20330.3%
JPMorgan Chase & Co5.193% 02/05/20360.3%
Freddie Mac Multifamily Structured Pass Through Certificates4.900% 09/09/20330.3%
15-YR UMBS-TBA PROD MAY4.000% 04/30/20300.3%
15-YR UMBS-TBA PROD APR2.000% 09/06/20300.3%
Exeter Automobile Receivables Trust 2025-54.240% 06/16/20270.3%
Fannie Mae-Aces4.250% 02/26/20350.3%
Vontier Corp2.950% 04/01/20310.3%
Pacific Gas and Electric Co5.800% 02/15/20340.3%
Amgen Inc5.150% 02/02/20280.3%
Aircastle Ltd2.850% 01/26/20280.3%
Fannie Mae Pool3.500% 05/20/20340.3%
30-YR GNMA II-TBA PROD APR6.000% 12/22/20290.3%
Honda Auto Receivables 2024-1 Owner Trust5.210% 11/11/20260.3%
30-YR GNMA II-TBA PROD MAY4.500% 04/11/20340.3%
CNO Global Funding5.875% 06/04/20270.3%
Citadel Securities Global Holdings LLC6.200% 03/18/20350.3%
Sequoia Mortgage Trust 2026-INV14.500% 01/13/20320.3%
NRG Energy Inc5.423% 04/16/20310.3%
KSA Ijarah Sukuk Ltd4.250% 09/09/20300.3%
Avolon TLB Borrower 1 US LLC5.415% 06/24/20300.3%
Vistra Operations Co LLC5.415% 12/20/20300.3%
OBX 2025-NQM16 Trust4.905% 10/13/20270.3%
Freddie Mac Multifamily Structured Pass Through Certificates4.430% 12/14/20320.3%
GS Mortgage-Backed Securities Trust 2022-PJ63.000% 07/14/20400.3%
IPALCO Enterprises Inc4.250% 05/01/20300.2%
Ford Motor Credit Co LLC5.303% 09/06/20290.2%
Flutter Financing BV5.437% 11/29/20300.2%
BofA Auto Trust 2024-15.350% 10/05/20260.2%
Buckeye Partners LP5.415% 11/22/20320.2%
BBCMS Mortgage Trust 2025-5C335.839% 02/04/20300.2%
Silver Point CLO 10 Ltd5.122% 09/20/20310.2%
NYC Commercial Mortgage Trust 2026-1PARK4.928% 02/13/20280.2%
PenFed Auto Receivables Owner Trust4.750% 12/20/20270.2%
Fannie Mae-Aces4.389% 11/22/20340.2%
Freddie Mac Multifamily Structured Pass Through Certificates4.266% 06/25/20300.2%
Freddie Mac Multifamily Structured Pass Through Certificates2.350% 02/22/20320.2%
Freddie Mac Multifamily Structured Pass Through Certificates2.920% 05/14/20320.2%
Flagstar Mortgage Trust 2021-42.500% 01/11/20370.2%
Chase Auto Owner Trust 2024-15.130% 12/21/20260.2%
720 East CLO VIII Ltd5.389% 09/18/20310.2%
nVent Finance Sarl4.550% 04/15/20280.2%
OBX 2025-NQM15 Trust5.143% 02/11/20280.2%
PNC Financial Services Group Inc/The6.037% 10/28/20320.2%
Nissan Auto Lease Trust 2025-A4.750% 05/27/20270.2%
Athene Global Funding1.985% 08/19/20280.2%
Aviation Capital Group LLC5.375% 06/15/20290.2%
Freddie Mac Multifamily Structured Pass Through Certificates3.820% 11/15/20320.2%
Minera Mexico SA de CV5.625% 12/12/20310.2%
Truist Financial Corp5.711% 01/24/20340.2%
M&T Bank Auto Receivables Trust 2025-14.890% 02/24/20290.2%
Morgan Stanley5.320% 07/19/20340.2%
RCKT Mortgage Trust 2021-52.500% 07/30/20340.2%
M&T Equipment 2025-LEAF1 Notes4.700% 11/20/20260.2%
Northrop Grumman Corp3.250% 01/15/20280.2%
Benchmark 2025-V18 Mortgage Trust5.184% 09/26/20300.2%
BMO 2026-5C14 Mortgage Trust5.209% 01/30/20310.2%
CIM Trust 2021-INV12.500% 03/16/20380.2%
Global Payments Inc5.200% 11/15/20320.2%
JP Morgan Mortgage Trust 2021-INV63.000% 10/05/20340.2%
Florida Gas Transmission Co LLC5.750% 04/15/20350.2%
Goldman Sachs Group Inc/The5.016% 10/23/20340.2%
Caisse d'Amortissement de la Dette Sociale4.000% 03/03/20330.2%
DLLMT 2026-1 LLC4.200% 06/29/20280.2%
Capital Power US Holdings Inc6.189% 03/01/20350.2%
Citigroup Mortgage Loan Trust 2022-INV13.000% 07/19/20360.2%
Pilgrim's Pride Corp3.500% 03/01/20320.2%
Solventum Corp5.600% 12/23/20330.2%
World Omni Automobile Lease Securitization Trust 2025-A4.680% 10/13/20270.2%
Citigroup Inc3.980% 03/20/20290.2%
Exeter Automobile Receivables Trust 2024-54.480% 08/13/20260.2%
Gulfstream Natural Gas System LLC5.600% 04/23/20350.2%
Constellation Energy Generation LLC5.000% 02/01/20290.2%
Brixmor Operating Partnership LP5.500% 11/15/20330.2%
Banco Nacional de Comercio Exterior SNC/Cayman Islands5.875% 04/07/20300.2%
Atlas Warehouse Lending Co LP4.950% 11/15/20300.2%
Wells Fargo Commercial Mortgage Trust 2025-5C45.673% 03/21/20300.2%
Prestige Auto Receivables Trust 2025-15.520% 07/29/20270.2%
Oglethorpe Power Corp5.800% 06/01/20540.2%
Pfizer Investment Enterprises Pte Ltd4.450% 04/19/20280.2%
SFS Auto Receivables Securitization Trust 2025-15.110% 01/03/20290.2%
JP Morgan Mortgage Trust 2025-DSC25.195% 04/06/20330.2%
Wells Fargo Commercial Mortgage Trust 2025-C655.292% 08/20/20350.2%
Antofagasta PLC6.250% 02/02/20340.2%
Altria Group Inc4.875% 01/04/20280.2%
AbbVie Inc4.800% 02/15/20270.2%
Birch Grove CLO 8 Ltd5.298% 07/28/20300.2%
Athene Global Funding5.620% 05/08/20260.2%
Avant Loans Funding Trust 2024-REV15.920% 12/06/20260.2%
GS Mortgage Securities Corp Trust 2024-RVR4.852% 08/10/20290.2%
Ford Credit Auto Lease Trust 2025-A4.960% 08/08/20270.2%
Exeter Automobile Receivables Trust 2024-45.290% 07/10/20260.2%
Liberty Utilities Co5.869% 10/31/20330.2%
JPMorgan Chase & Co2.963% 01/25/20320.2%
Freddie Mac Multifamily Structured Pass Through Certificates4.350% 12/27/20320.2%
Vale Overseas Ltd6.400% 12/28/20530.2%
Verizon Master Trust4.830% 07/17/20290.2%
Universal Health Services Inc2.650% 01/15/20320.2%
Pacific Gas and Electric Co2.500% 02/01/20310.2%
PEAC Solutions Receivables 2026-1 LLC4.390% 02/17/20290.2%
Oracle Corp5.950% 09/26/20550.2%
OCP CLO 2024-32 Ltd5.391% 04/23/20320.2%
Freddie Mac Multifamily Structured Pass Through Certificates3.123% 05/13/20320.2%
BMO 2024-5C5 Mortgage Trust5.857% 07/01/20290.2%
Bayer Corp/NJ6.650% 02/15/20280.2%
Drive Auto Receivables Trust 2025-24.140% 02/21/20270.2%
Duke Energy Indiana LLC5.250% 12/01/20330.2%
Exeter Automobile Receivables Trust4.780% 11/27/20260.2%
Benchmark 2024-V12 Mortgage Trust5.738% 11/15/20290.2%
CFE Fibra E5.875% 08/05/20320.2%
Augusta SpinCo Corp4.945% 03/23/20330.2%
Bayer US Finance LLC6.500% 08/21/20330.2%
Sprint Capital Corp8.750% 03/15/20320.2%
Meta Platforms Inc5.625% 11/15/20550.2%
Morgan Stanley Capital I Trust 2024-NSTB3.900% 04/01/20270.2%
UBS Group AG1.494% 08/10/20260.2%
AT&T Inc3.550% 09/15/20550.2%
Affirm Master Trust4.990% 02/13/20270.2%
Flutter Treasury DAC5.875% 06/04/20310.2%
Hexcel Corp5.875% 11/26/20340.2%
Verus Securitization Trust 2024-R15.218% 05/19/20320.2%
Verizon Master Trust5.670% 06/19/20270.2%
Gartner Inc4.500% 07/01/20280.2%
Japan Tobacco Inc5.850% 03/15/20350.2%
JP Morgan Mortgage Trust 2022-INV13.000% 11/26/20340.2%
Icon Investments Six DAC6.000% 02/08/20340.2%
LoanCore 2025 2025-CRE8 Issuer LLC5.063% 11/28/20280.2%
GM Financial Consumer Automobile Receivables Trust 2023-45.780% 10/07/20260.2%
Freddie Mac Multifamily Structured Pass Through Certificates4.660% 11/13/20340.2%
Evergy Kansas Central Inc5.250% 12/15/20340.2%
15-YR UMBS-TBA PROD APR5.500% 12/05/20290.2%
Fannie Mae Pool2.500% 06/21/20340.2%
CarMax Auto Owner Trust 2024-44.600% 06/08/20270.2%
Colonial Enterprises Inc5.627% 08/15/20350.2%
Santander Drive Auto Receivables Trust 2023-56.430% 12/23/20270.2%
Stellantis Financial Underwritten Enhanced Lease Trust 2025-B4.270% 09/14/20270.2%
GXO Logistics Inc6.500% 02/06/20340.2%
Advanced Drainage Systems Inc5.301% 02/28/20330.2%
Affirm Master Trust4.370% 05/22/20280.2%
Amazon.com Inc4.875% 03/13/20360.2%
Bank of America Auto Trust 2023-25.740% 09/15/20260.2%
BX Trust 2025-ARIA5.031% 12/13/20300.2%
Dominion Energy Inc5.450% 12/15/20340.2%
Affirm Master Trust Series 2025-34.450% 01/14/20290.2%
Macquarie Group Ltd4.654% 03/27/20280.2%
National Fuel Gas Co5.950% 12/15/20340.2%
Navistar Financial Dealer Note Master Owner Trust5.590% 04/25/20260.2%
JP Morgan Mortgage Trust Series 2025-NQM54.787% 09/10/20280.2%
Kenvue Inc5.100% 03/22/20430.2%
JP Morgan Mortgage Trust 2022-33.000% 08/02/20360.2%
JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings5.750% 01/01/20330.2%
Meituan5.125% 11/05/20350.2%
Royal Caribbean Cruises Ltd5.375% 01/15/20360.2%
Phillips Edison Grocery Center Operating Partnership I LP4.750% 03/15/20330.2%
Amazon.com Inc5.800% 09/13/20550.2%
Avilease Capital Ltd4.750% 11/12/20300.2%
Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc5.000% 06/15/20360.2%
Southern Co Gas Capital Corp5.100% 09/15/20350.2%
VSP Optical Group Inc5.450% 12/01/20350.2%
Exeter Automobile Receivables Trust 2023-36.680% 01/25/20270.2%
Chile Electricity Lux Mpc II Sarl5.580% 04/07/20320.2%
CONE Trust 2024-DFW15.314% 08/15/20260.2%
ABN AMRO Bank NV3.324% 12/13/20310.2%
Greenacre Park CLO LLC5.368% 03/14/20330.2%
Foundry JV Holdco LLC5.500% 12/25/20300.2%
Fannie Mae Pool6.000% 07/09/20300.2%
Fannie Mae Pool2.500% 01/31/20350.2%
Protective Life Global Funding5.432% 01/14/20320.2%
Santander Drive Auto Receivables Trust 2025-24.870% 07/07/20270.2%
New York Life Global Funding4.550% 01/28/20330.2%
Oracle Corp6.550% 02/04/20460.2%
Rentokil Terminix Funding LLC5.625% 01/28/20350.2%
Brown & Brown Inc5.650% 03/11/20340.2%
Expand Energy Corp5.375% 03/15/20280.2%
15-YR UMBS-TBA PROD APR5.000% 07/13/20300.2%
Ford Credit Auto Owner Trust 2023-A5.510% 02/01/20280.2%
Goldman Sachs Group Inc/The2.383% 07/21/20310.2%
Freddie Mac Pool6.000% 08/04/20300.2%
Jackson National Life Global Funding4.600% 10/01/20290.2%
Hyundai Auto Lease Securitization Trust 2025-A4.830% 01/27/20270.2%
Fannie Mae Pool5.000% 03/05/20330.1%
CBRE Services Inc4.900% 01/15/20330.1%
Cheniere Energy Inc4.625% 10/15/20280.1%
Eastern Gas Transmission & Storage Inc3.000% 11/15/20290.1%
Fiserv Inc5.450% 03/15/20340.1%
GS Mortgage-Backed Securities Trust 2022-PJ32.500% 07/25/20370.1%
Freddie Mac Pool5.000% 02/07/20330.1%
Brighthouse Financial Global Funding5.650% 06/10/20290.1%
Citizens Financial Group Inc6.645% 04/25/20340.1%
Citigroup Inc5.174% 09/11/20350.1%
Citizens Auto Receivables Trust 2023-25.830% 07/19/20260.1%
Exeter Automobile Receivables Trust 2024-45.480% 03/11/20270.1%
DBC 2025-DBC Mortgage Trust5.023% 11/14/20270.1%
Viper Energy Partners LLC5.700% 05/01/20350.1%
Smithfield Foods Inc2.625% 09/13/20310.1%
Bayview Opportunity Master Fund VI Trust 2021-INV62.500% 10/16/20320.1%
Anglo American Capital PLC3.875% 03/16/20290.1%
OBX 2025-NQM21 Trust4.917% 01/02/20280.1%
Royalty Pharma PLC5.400% 06/02/20340.1%
Humana Inc5.950% 12/15/20330.1%
JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings6.375% 04/15/20660.1%
J.P. Morgan Mortgage Trust 2021-INV83.000% 11/01/20340.1%
J.P. Morgan Mortgage Trust 2022-12.500% 07/17/20360.1%
Lendmark Funding Trust 2021-22.370% 07/04/20280.1%
Narragansett Electric Co/The5.350% 02/01/20340.1%
Oracle Corp4.900% 02/06/20330.1%
American Express Co5.284% 07/26/20340.1%
Boardwalk Pipelines LP5.375% 02/15/20360.1%
Banco Santander Chile4.550% 11/20/20300.1%
Wells Fargo Commercial Mortgage Trust 2025-5C36.096% 12/13/20290.1%
Bayer US Finance LLC6.375% 09/21/20300.1%
Alfa Desarrollo SpA4.550% 12/03/20440.1%
Assurant Inc5.550% 02/15/20360.1%
Banco Internacional del Peru SAA Interbank4.800% 07/15/20310.1%
Cboe Global Markets Inc3.650% 01/12/20270.1%
30-YR UMBS-TBA PROD MAY7.000% 10/13/20290.1%
Saudi Arabian Oil Co4.375% 02/02/20310.1%
Sitios Latinoamerica SAB de CV6.000% 10/25/20290.1%
Solstice Advanced Materials Inc5.423% 10/29/20320.1%
ROCK Trust 2024-CNTR5.388% 11/12/20290.1%
Texas Debt Capital CLO 2024-I Ltd5.619% 03/30/20320.1%
Wells Fargo & Co2.393% 06/02/20270.1%
World Omni Select Auto Trust 2025-A4.140% 12/04/20260.1%
UBS Group AG6.327% 12/22/20260.1%
nVent Finance Sarl5.650% 02/15/20330.1%
Citigroup Inc5.827% 02/13/20340.1%
ENEL Finance International NV5.125% 05/26/20290.1%
Consumer Portfolio Services Auto Trust 2025-D4.480% 10/30/20270.1%
JP Morgan Mortgage Trust 2026-NQM14.601% 11/04/20290.1%
Arch Capital Group Ltd7.350% 05/01/20340.1%
Baxter International Inc2.539% 02/01/20320.1%
Coterra Energy Inc5.400% 02/15/20350.1%
EFMT 2025-INV25.387% 02/12/20320.1%
GS Mortgage-Backed Securities Trust 2021-PJ22.500% 01/27/20390.1%
Fannie Mae Pool5.000% 02/11/20330.1%
Verus Securitization Trust 2025-15.620% 08/29/20280.1%
Uber Technologies Inc4.800% 09/15/20350.1%
World Omni Auto Receivables Trust 2024-A4.860% 11/25/20260.1%
JP Morgan Mortgage Trust 2021-82.500% 11/17/20330.1%
J.P. Morgan Mortgage Trust 2022-13.000% 07/17/20360.1%
Wells Fargo Bank NA5.850% 02/01/20370.1%
Fannie Mae Pool3.500% 05/19/20340.1%
GLS Auto Select Receivables Trust 2024-25.640% 08/26/20270.1%
GM Financial Consumer Automobile Receivables Trust 2023-25.210% 12/26/20270.1%
Freddie Mac Pool3.500% 06/07/20340.1%
Energy Transfer LP7.375% 02/01/20270.1%
Citizens Financial Group Inc5.718% 07/23/20310.1%
CommonSpirit Health5.318% 06/01/20340.1%
Benchmark 2024-V10 Mortgage Trust5.277% 08/31/20290.1%
180 Medical Inc5.300% 10/08/20350.1%
JP Morgan Mortgage Trust Series 2025-NQM44.954% 09/17/20290.1%
JPMorgan Chase & Co5.576% 07/23/20350.1%
Fresenius Medical Care US Finance III Inc2.375% 02/16/20310.1%
Flagstar Mortgage Trust 2021-122.500% 06/20/20330.1%
Entergy Louisiana LLC5.150% 06/15/20340.1%
CIM Trust 2021-J12.500% 07/21/20390.1%
PFS Financing Corp5.340% 04/15/20270.1%
UnitedHealth Group Inc3.450% 01/15/20270.1%
Virginia Electric and Power Co4.950% 03/15/20360.1%
BX Commercial Mortgage Trust 2026-CSMO5.073% 02/13/20280.1%
Constellation Energy Generation LLC5.600% 06/15/20420.1%
Freddie Mac Pool5.000% 02/26/20330.1%
Glencore Funding LLC5.634% 01/04/20340.1%
Lseg US Fin Corp5.297% 12/28/20330.1%
Entergy Louisiana LLC5.700% 03/15/20540.1%
Host Hotels & Resorts LP5.700% 04/15/20320.1%
Williams Cos Inc/The5.650% 12/15/20320.1%
Louisville Gas and Electric Co5.850% 08/15/20550.1%
RAD CLO 23 Ltd5.718% 03/27/20320.1%
Prosus NV4.027% 08/03/20500.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.500% 03/15/20270.1%
New Residential Mortgage Loan Trust 2025-NQM35.530% 05/23/20290.1%
NGPL PipeCo LLC3.250% 07/15/20310.1%
J.P. Morgan Mortgage Trust 2022-INV33.000% 02/09/20370.1%
Hyundai Auto Lease Securitization Trust 2025-B4.940% 10/23/20270.1%
Windfall Mining Group Inc / Groupe Minier Windfall Inc5.854% 03/13/20320.1%
VICI Properties LP / VICI Note Co Inc4.250% 12/01/20260.1%
Truist Financial Corp5.867% 06/08/20330.1%
ARES Commercial Mortgage Trust 2026-AZURE5.000% 04/15/20280.1%
Aviation Capital Group LLC6.750% 09/25/20280.1%
Fannie Mae Pool2.500% 12/13/20340.1%
Flagstar Mortgage Trust 2021-72.500% 10/22/20360.1%
Fiserv Inc5.150% 08/12/20340.1%
Commonwealth Edison Co5.950% 12/01/20540.1%
Morgan Stanley Residential Mortgage Loan Trust 2025-DSC34.912% 10/31/20330.1%
J.P. Morgan Mortgage Trust 2022-43.000% 03/27/20360.1%
Freddie Mac Pool5.500% 04/16/20320.1%
Goldman Sachs Group Inc/The5.065% 01/21/20360.1%
Freddie Mac Pool5.000% 02/07/20330.1%
Ford Credit Auto Lease Trust 2026-A4.000% 03/01/20280.1%
CarMax Auto Owner Trust 2024-25.690% 06/24/20280.1%
Fannie Mae Pool3.500% 05/08/20340.1%
Verus Securitization Trust 2026-24.507% 10/30/20270.1%
Vertiv Holdings Co4.850% 03/15/20360.1%
Regeneron Pharmaceuticals Inc2.800% 09/15/20500.1%
PNC Financial Services Group Inc/The5.676% 01/22/20340.1%
Fannie Mae Pool5.500% 12/07/20310.1%
30-YR UMBS-TBA PROD APR5.000% 01/09/20340.1%
Freddie Mac Pool6.000% 09/06/20300.1%
CIM Trust 2020-INV12.500% 05/22/20350.1%
FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple7.250% 01/08/20370.1%
GS Mortgage-Backed Securities Trust 2021-PJ92.500% 12/25/20370.1%
Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc4.650% 06/15/20330.1%
Toyota Motor Credit Corp4.550% 09/20/20270.1%
PSEG Power LLC5.750% 02/15/20350.1%
RGA Global Funding5.000% 08/25/20320.1%
Oracle Corp2.875% 03/25/20310.1%
Pacific Gas and Electric Co5.200% 05/01/20360.1%
Santander Drive Auto Receivables Trust 2024-54.620% 06/24/20260.1%
Morgan Stanley5.297% 04/20/20320.1%
Takeoff Merger Sub Inc5.500% 03/24/20360.1%
Aviation Capital Group LLC4.875% 01/28/20330.1%
GS Mortgage-Backed Securities Trust 2021-PJ82.500% 09/26/20390.1%
Honeywell Aerospace Inc4.600% 03/16/20330.1%
Honeywell Aerospace Inc4.950% 03/16/20360.1%
Fresenius Medical Care US Finance III Inc3.000% 12/01/20310.1%
Freddie Mac Pool5.500% 12/28/20310.1%
Fannie Mae Pool6.000% 07/23/20300.1%
Imperial Brands Finance PLC5.875% 04/01/20340.1%
GS Mortgage-Backed Securities Corp Trust 2021-PJ12.500% 10/16/20360.1%
KIND Commercial Mortgage Trust 2024-15.563% 08/15/20260.1%
Eastern Energy Gas Holdings LLC5.650% 10/15/20540.1%
Flagstar Mortgage Trust 2021-11INV3.000% 08/29/20370.1%
Fannie Mae Pool5.000% 03/02/20330.1%
Lending Funding Trust 2020-22.320% 09/24/20260.1%
Freddie Mac Pool5.000% 02/03/20330.1%
Oracle Corp6.125% 07/08/20390.1%
Verus Securitization Trust 2026-14.743% 09/20/20330.1%
Florida Power & Light Co5.800% 03/15/20650.1%
GM Financial Consumer Automobile Receivables Trust 2024-25.430% 05/18/20280.1%
Imperial Brands Finance PLC6.125% 06/27/20270.1%
Anglo American Capital PLC5.750% 01/05/20340.1%
Nissan Auto Receivables 2023-B Owner Trust5.930% 08/12/20260.1%
LAD Auto Receivables Trust 2023-16.180% 05/05/20260.1%
Ohio Edison Co8.250% 10/15/20380.1%
Occidental Petroleum Corp6.450% 09/15/20360.1%
NYMT Loan Trust 2026-INV14.614% 05/09/20400.1%
MF1 2022-FL9 LLC5.827% 04/27/20260.1%
Wellfleet CLO 2021-1 Ltd5.318% 10/13/20310.1%
Entergy Louisiana LLC4.900% 04/15/20360.1%
Indiana Michigan Power Co5.600% 03/15/20560.1%
Royalty Pharma PLC3.350% 09/02/20510.1%
Mariner Finance Issuance Trust 2021-A3.830% 02/22/20280.1%
Fidelity National Information Services Inc3.750% 05/21/20290.1%
Citizens Auto Receivables Trust 2023-15.840% 06/24/20260.1%
Capital One Multi-Asset Execution Trust4.650% 10/15/20350.1%
Connecticut Avenue Securities Series 2025-R014.762% 09/18/20260.0%
Electricite de France SA4.500% 12/04/20690.0%
Fannie Mae Pool5.000% 02/11/20330.0%
Freddie Mac STACR REMIC Trust 2024-HQA24.912% 06/17/20270.0%
Verus Securitization Trust 2025-124.858% 10/28/20330.0%
Freddie Mac Pool3.500% 01/31/20330.0%
Fannie Mae Pool2.500% 05/14/20340.0%
BAT Capital Corp5.625% 05/15/20350.0%
Lendmark Funding Trust 2021-13.410% 06/17/20290.0%
Fannie Mae Pool2.500% 12/29/20340.0%
Wells Fargo Mortgage Backed Securities 2022-2 Trust2.500% 08/10/20370.0%
Fannie Mae Pool5.000% 01/30/20330.0%
Fannie Mae Pool3.500% 08/13/20340.0%
30-YR UMBS-TBA PROD APR5.500% 07/25/20320.0%
LoanCore 2022-CRE7 Issuer Ltd5.222% 04/17/20260.0%
OneMain Financial Issuance Trust 2022-35.940% 05/09/20260.0%
Fannie Mae Pool3.500% 07/17/20340.0%
J.P. Morgan Mortgage Trust 2021-142.500% 07/16/20360.0%
OBX 2021-J1 Trust2.500% 01/16/20360.0%
Vertiv Holdings Co5.800% 03/15/20560.0%
Avolon Holdings Funding Ltd2.528% 11/18/20270.0%
Octane Receivables Trust 2023-36.440% 05/10/20260.0%
US 2YR NOTE (CBT) Jun260.000% 07/06/20260.0%
WFRBS Commercial Mortgage Trust 2014-C230.105% 04/01/20260.0%
Fannie Mae Pool5.500% 11/28/20290.0%
Residential Mortgage Loan Trust 2020-12.376% 05/26/20260.0%
Starwood Mortgage Residential Trust 2020-12.275% 07/20/20290.0%
US 10yr Ultra Fut Jun260.000% 06/30/20260.0%
Freddie Mac Pool6.000% 06/13/20290.0%
Freddie Mac Pool5.500% 10/13/20290.0%
Fannie Mae Pool3.500% 06/21/20340.0%

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

Dividend Payments

For
YTD Dividends Paidas of 05/01/2026
$0.13668
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 04/30/2026 $0.03403 $9.23
Daily Daily 03/31/2026 $0.03467 $9.25
Daily Daily 02/28/2026 $0.03375 $9.46
Daily Daily 01/31/2026 $0.03424 $9.35

Upcoming Dividend Payment Dates

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

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 $0.0408 - $0.0408 $11.09
*

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. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 05/01/2026

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $9.45
$100,000 to $249,999 1.75% 1.50% $9.40
$250,000 to $499,999 1.25% 1.00% $9.36
Greater than $500,000 0.00% 1.00% $9.24

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

SALES CHARGE REDUCTIONS AND WAIVERS

Please inform the fund company or your financial intermediary at the time of your purchase of fund shares if you believe you qualify for a reduced front-end sales charge.

Reducing Your Class A Share Front-End Sales Charge
You may purchase Class A shares at a discount if you qualify under the circumstances outlined below. To receive a reduced front-end sales charge, you must let the fund or your financial intermediary know at the time of your purchase of fund shares that you believe you qualify for a discount. If you or a related party have holdings of eligible funds (as defined below) in other accounts with your financial intermediary or with other financial intermediaries that may be combined with your current purchases in determining the sales charge as described below, you must inform a fund or your financial intermediary. You may be asked to provide supporting account statements or other information to allow us or your financial intermediary to verify your eligibility for a discount. If you or your financial intermediary do not notify a fund or provide the requested information, you may not receive the reduced sales charge for which you otherwise qualify. Class A shares may be purchased at a discount if you qualify under either of the following conditions:

  • Rights of Accumulation - A Purchaser (as defined below) may combine thevalue of Class A, A1, C, F, and P shares of any Eligible Fund currentlyowned with a new purchase of Class A shares of any Eligible Fund in orderto reduce the sales charge on the new purchase. Class F3, I, R2, R3, R4, R5,and R6 share holdings may not be combined for these purposes.To the extent that your financial intermediary is able to do so, the value ofClass A, A1, C, F, and P shares of Eligible Funds determined for the purposeof reducing the sales charge of a new purchase under the Rights ofAccumulation will be calculated at the higher of: (1) the aggregate currentmaximum offering price of your existing Class A, A1, C, F, and P shares ofEligible Funds; or (2) the aggregate amount you invested in such shares(including dividend reinvestments but excluding capital appreciation) less anyredemptions. You should retain any information and account recordsnecessary to substantiate the historical amounts you and any relatedPurchasers have invested in Eligible Funds. You must inform the Fund and/or your financial intermediary at the time of purchase if you believe yourpurchase qualifies for a reduced sales charge and you may be requested toprovide documentation of your holdings in order to verify your eligibility. Ifyou do not do so, you may not receive all sales charge reductions for whichyou are eligible.

  • Letter of Intention — In order to reduce your Class A front-end salescharge, a Purchaser may combine purchases of Class A, A1, C, F, and Pshares of any Eligible Fund the Purchaser intends to make over the next13 months in determining the applicable sales charge. The 13-month Letterof Intention period commences on the day that the Letter of Intention isreceived by the Fund, and the Purchaser must tell the Fund that laterpurchases are subject to the Letter of Intention. Purchases submitted prior tothe date the Letter of Intention is received by the Fund are not countedtoward the sales charge reduction. Current holdings under Rights ofAccumulation may be included in a Letter of Intention in order to reduce thesales charge for purchases during the 13-month period covered by the Letterof Intention. Shares purchased through reinvestment of dividends ordistributions are not included. Class F3, I, R2, R3, R4, R5, and R6 shareholdings may not be combined for these purposes. Class A and A1 shares valued at up to 5% of the amount of intended purchases are escrowed andmay be redeemed to cover the additional sales charges payable if the intendedpurchases under the Letter of Intention are not completed. The Letter ofIntention is neither a binding obligation on you to buy, nor on the Fund tosell, any or all of the intended purchase amount.

Purchaser — A Purchaser includes: (1) an individual; (2) an individual, his or her spouse, domestic partner, and childrenunder the age of 21; (3) retirement and benefit plansincluding a 401(k) plan, profit-sharing plan, moneypurchase plan, defined benefit plan, and 457(b) plan sponsored by a governmental entity, non-profitorganization, school district or church to which employer contributions are made, as well as SIMPLE IRAplans and SEP-IRA plans; or (4) a trustee or other fiduciary purchasing shares for a single trust, estate orsingle fiduciary account or a trust established by the individual as grantor. An individual may include underitem (1) his or her holdings in Eligible Funds as described below in IRAs, as a sole participant of aretirement and benefit plan sponsored by the individual’s business, and as a participant in a 403(b) plan towhich only pre-tax salary deferrals are made. An individual, his or her spouse, and domestic partner mayinclude under item (2) their holdings in IRAs, and as the sole participants in retirement and benefit planssponsored by a business owned by either or both of them. A retirement and benefit plan under item (3)includes all qualified retirement and benefit plans of a single employer and its consolidated subsidiaries,and all qualified retirement and benefit plans of multiple employers registered in the name of a singlebank trustee.

Eligible fund — An eligible fund is any Lord Abbett-sponsored fund except for (1) each portfolio of Lord Abbett Series Fund, Inc., (2) Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. ("Money Market Fund") (except for holdings in Money Market Fund, which are attributable to any shares exchanged from the Lord Abbett-sponsored funds), and (3) any other fund the shares of which are not available to the investor at the time of the transaction due to a limitation on the offering of a fund's shares.

Front-end Sales Charge Waivers
Class A shares may be purchased without a front-end sales charge under any of the following conditions:

  • purchases of $1 million or more (may be subject to a CDSC);
  • purchases by retirement and benefit plans with at least 100 eligible employees (may be subject to a CDSC);
  • purchases for retirement and benefit plans made through financial intermediaries that perform participant recordkeeping or other administrative services for the plans and that have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases (may be subject to a CDSC);
  • purchases made by or on behalf of financial intermediaries for clients that pay the financial intermediaries fees in connection with fee-based advisory program, provided that the financial intermediaries or their trading agents have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases; and
  • certain other types of investors may qualify to purchase Class A share without a front-end sales charge as described in the Statement of Additional Information (SAI).

 

Expense Ratioas of 03/31/2026

Fund Gross Expense Ratio 0.55%
Fund Net Expense Ratio 0.55%

Fund Documents

Fund Documents

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Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
2025 Annual Tailored Shareholder Report
Publish Date:11/03/2015
2025 Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
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
* includes items 7-11 of form N-CSR as required, if any.

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Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

2

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

3

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

Average Yield to Maturity is the total rate of return earned when a bond makes all interest payments and repays the original principal.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund is subject to the general risks associated with investing in fixed income securities, including market, credit, liquidity, and interest rate risk. The value of an investment in the Fund will change as interest rates fluctuate in response to market movements. When interest rates rise, the prices of debt securities are likely to decline, and when interest rates fall, the prices of debt securities tend to rise. The Fund may invest in Treasury Inflation Protected Securities and other inflation-indexed securities, which are subject to greater inflation rate and interest rate volatility. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can affect Fund performance.

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Bloomberg U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. 

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

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