Credit Opportunities Fund
Daily price w/o sales charge as of 03/23/2023
$8.81
$0.00
YTD Returns w/o sales charge as of 03/23/2023
2.30%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
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.
Yield
12-Month Dividend Yield 1 as of 03/23/2023
w/o sales charge | 8.90% |
30-Day Standardized Yield 2 as of 02/28/2023 |
9.48% |
Average Yield to Worst as of 02/28/2023 |
11.8% |
Yield-To-Worst - The yield-to-worst (YTW) is the lowest potential yield that can be received on a bond without the issuer actually defaulting. YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments, calls or sinking funds. Average YTW is based on the weighted average YTW of the securities held in the Fund’s portfolio.
Fund Basicsas of 02/28/2023
- Total Net Assets
- $1.27 B
- Inception Date
- 02/22/2019
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 1.40%
- Fund Net Expense Ratio
- 1.40%
- Number of Holdings
- 147
- Minimum Initial Investment
-
Fund Expense Ratio :
1.40%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 3.46% | -4.92% | 6.64% | - | - | 6.43% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.58% | -5.45% | 1.13% | - | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.40%
Fund Expense Ratio :
1.40%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | -8.58% | -8.58% | 5.35% | - | - | 5.77% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | -11.16% | -11.16% | -0.24% | - | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.40%
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 sales charges, which are not applicable to Class I Shares. 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 of future results.
Performance
Performance
12-Month Dividend Yield 1 as of 03/23/2023
w/o sales charge | 8.90% |
30-Day Standardized Yield 2 as of 02/28/2023
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 9.48% | 9.48% |
Fund Expense Ratio :
Gross 1.40%
Net 1.40%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 3.46% | -4.92% | 6.64% | - | - | 6.43% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.58% | -5.45% | 1.13% | - | - | - |
w/ sales charge | 3.46% | -4.92% | 6.64% | - | - | 6.43% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 1.40%
Net 1.40%
Fund Expense Ratio :
Gross 1.40%
Net 1.40%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | -8.58% | -8.58% | 5.35% | - | - | 5.77% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | -11.16% | -11.16% | -0.24% | - | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 1.40%
Net 1.40%
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 sales charges, which are not applicable to Class I Shares. 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 of future results.
Year | Fund Returns | ICE BofA U.S. High Yield Constrained Index |
---|
2022 | -8.58% | -11.16% |
2021 | 13.35% | 5.35% |
2020 | 12.84% | 6.07% |
2019 | 6.19% | 14.41% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2023 | - | - | - | - | 2.30% |
2022 | -1.08% | -8.91% | -0.05% | 1.51% | -8.58% |
2021 | 5.75% | 4.58% | 2.02% | 0.47% | 13.35% |
2020 | -17.25% | 13.31% | 6.99% | 12.48% | 12.84% |
2019 | - | 2.52% | -0.33% | 2.81% | 6.19% |
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 |
---|---|
U.S. High Yield Corporate | |
Bank Loans | |
Non-U.S. High Yield Corporate | |
ABS | |
CLO | |
CMBS | |
U.S. Investment Grade Corporate | |
Emerging Market | |
Convertibles | |
Equity | |
MBS | |
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 | |
1-2.99 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 02/28/2023
Rating | Assets |
---|---|
Agency | |
BBB | |
BB | |
B | |
CCC | |
<CCC | |
Not Rated |
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 average rating based on numeric values assigned to each rating. 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 02/28/2023
- Total Net Assets
- $1.27 B
- Number of Issues
- 147
- Average Coupon
- 7.79%
- Average Life
- 4.45 Years
- Average Maturity
- 5.48 Years
- Average Effective Duration
- 2.39 Years
- Average Yield to Worst
- 11.8%
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.
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.
Yield-To-Worst - The yield-to-worst (YTW) is the lowest potential yield that can be received on a bond without the issuer actually defaulting. YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments, calls or sinking funds. Average YTW is based on the weighted average YTW of the securities held in the Fund’s portfolio.
All Holdings as of01/31/2023
Holding | Coupon | Maturity | Assets |
---|
Global Aircraft Leasing Co Ltd | 6.500% | 09/15/2024 | 2.8% |
VistaJet Malta Finance PLC / XO Management Holding Inc | 6.375% | 02/01/2030 | 2.7% |
SPX FLOW Inc | 8.750% | 04/01/2030 | 2.6% |
BCPE Ulysses Intermediate Inc | 7.750% | 04/01/2027 | 2.5% |
Oscar AcquisitionCo LLC / Oscar Finance Inc | 9.500% | 04/15/2030 | 2.5% |
Tap Rock Resources LLC | 7.000% | 10/01/2026 | 2.5% |
BCP V Modular Services Finance PLC | 6.750% | 11/30/2029 | 2.4% |
Berry Petroleum Co LLC | 7.000% | 02/15/2026 | 2.4% |
Vital Energy Inc | 7.750% | 07/31/2029 | 2.2% |
Earthstone Energy Holdings LLC | 8.000% | 04/15/2027 | 2.1% |
Crescent Energy Finance LLC | 7.250% | 05/01/2026 | 2.1% |
Oceaneering International Inc | 6.000% | 02/01/2028 | 2.1% |
GPS Hospitality Holding Co LLC / GPS Finco Inc | 7.000% | 08/15/2028 | 2.0% |
Nine Energy Service Inc | 13.000% | 02/01/2028 | 2.0% |
Carrols Restaurant Group Inc | 5.875% | 07/01/2029 | 1.7% |
Sabre GLBL Inc | 7.375% | 09/01/2025 | 1.7% |
SILK BIDCO AS | 4.908% | 02/24/2025 | 1.7% |
Madison IAQ LLC | 5.875% | 06/30/2029 | 1.7% |
BEP Ulterra Holdings Inc | 9.820% | 11/26/2025 | 1.7% |
Santander Bank Auto Credit-Linked Notes Series 2022-C | 14.592% | 12/15/2032 | 1.6% |
Jabil Inc | 0.000% | 02/01/2023 | 1.6% |
Welltec International ApS | 8.250% | 10/15/2026 | 1.6% |
BARCLAYS CAPITAL | 0.010% | 02/01/2023 | 1.4% |
Granite US Holdings Corp | 11.000% | 10/01/2027 | 1.4% |
ROCC Holdings LLC | 9.250% | 08/15/2026 | 1.4% |
ACProducts Holdings Inc | 8.980% | 05/17/2028 | 1.4% |
Petroleos Mexicanos | 6.840% | 01/23/2030 | 1.3% |
J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-BOLT | 11.154% | 08/15/2033 | 1.2% |
Victors Merger Corp | 6.375% | 05/15/2029 | 1.2% |
OCP CLO 2023-26 Ltd | 0.000% | 04/17/2036 | 1.2% |
Advisor Group Holdings Inc | 10.750% | 08/01/2027 | 1.2% |
Perimeter Master Note Business Trust | 8.130% | 05/15/2027 | 1.1% |
Targa Resources Corp | 0.000% | 02/01/2023 | 1.1% |
SCF Preferred Equity LLC | 7.500% | 10/16/2171 | 1.1% |
Real Hero Merger Sub 2 Inc | 6.250% | 02/01/2029 | 1.1% |
W&T Offshore Inc | 11.750% | 02/01/2026 | 1.0% |
FLAGSHIP CREDIT AUTO TRUST 202 | 11.440% | 04/15/2030 | 1.0% |
Nine Energy Service Inc | 8.750% | 11/01/2023 | 1.0% |
NEXUS BUYER LLC | 10.820% | 11/05/2029 | 1.0% |
Chegg Inc | 0.125% | 03/15/2025 | 1.0% |
Eco Material Technologies Inc | 7.875% | 01/31/2027 | 1.0% |
AMC Entertainment Holdings Inc | 12.000% | 06/15/2026 | 0.9% |
Full House Resorts Inc | 8.250% | 02/15/2028 | 0.9% |
Gulfport Energy Corp | 8.000% | 05/17/2026 | 0.9% |
JetBlue Airways Corp | 0.500% | 04/01/2026 | 0.9% |
GS Mortgage Securities Corp Trust 2021-ROSS MZ | 13.954% | 06/15/2026 | 0.9% |
Armor Holdco Inc | 8.500% | 11/15/2029 | 0.9% |
Precision Drilling Corp | 6.875% | 01/15/2029 | 0.9% |
GS Mortgage Securities Trust 2013-GCJ12 | 3.250% | 06/10/2046 | 0.8% |
Kosmos Energy Ltd | 7.500% | 03/01/2028 | 0.8% |
Nabors Industries Ltd | 7.250% | 01/15/2026 | 0.8% |
VUE INTERNATIONAL BIDCO PLC | 0.000% | 07/03/2026 | 0.8% |
ABG Intermediate Holdings 2 LLC | 10.661% | 12/20/2029 | 0.7% |
Kobe US Midco 2 Inc | 9.250% | 11/01/2026 | 0.7% |
USIC Holdings Inc | 11.070% | 05/14/2029 | 0.7% |
Exelon Corp | 0.000% | 02/01/2023 | 0.7% |
Greenbrier Cos Inc/The | 2.875% | 04/15/2028 | 0.6% |
CARLYLE US CLO 2021-5 LTD | 11.058% | 07/20/2034 | 0.6% |
Callon Petroleum Co | 8.000% | 08/01/2028 | 0.6% |
Dryden 45 Senior Loan Fund | 10.642% | 10/15/2030 | 0.6% |
GS Mortgage Securities Corp Trust 2021-RENT | 10.208% | 11/21/2035 | 0.6% |
AMMC CLO 23 Ltd | 11.192% | 10/17/2031 | 0.6% |
KUEHG Corp | 12.980% | 08/22/2025 | 0.6% |
ECL ENTERTAINMENT LLC | 12.061% | 05/01/2028 | 0.6% |
Miller's Ale House Inc | 9.330% | 05/30/2025 | 0.5% |
Permian Resources Operating LLC | 5.375% | 01/15/2026 | 0.5% |
Precision Drilling Corp | 7.125% | 01/15/2026 | 0.5% |
Exeter Automobile Receivables Trust 2021-4 | 0.000% | 12/15/2033 | 0.5% |
Airbnb Inc | 0.000% | 03/15/2026 | 0.5% |
Galaxy XXVI CLO Ltd | 10.515% | 11/22/2031 | 0.5% |
PenFed Auto Receivables Owner Trust 2022-A | 0.000% | 06/17/2030 | 0.5% |
Continental Finance Credit Card ABS Master Trust | 5.750% | 12/15/2028 | 0.5% |
Shimao Group Holdings Ltd | 5.200% | 01/16/2027 | 0.5% |
JP Morgan Chase Commercial Mortgage Securities Trust 2021-1440 | 9.304% | 03/15/2036 | 0.5% |
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS | 9.500% | 07/10/2036 | 0.5% |
Anchorage Capital CLO 25 Ltd | 0.000% | 04/20/2035 | 0.5% |
Ballyrock CLO 23 Ltd | 9.885% | 04/25/2036 | 0.4% |
OCP CLO 2014-6 Ltd | 11.312% | 10/17/2030 | 0.4% |
Tricolor Auto Securitization Trust 2021-1 | 5.080% | 05/15/2028 | 0.4% |
Uber Technologies Inc | 0.000% | 12/15/2025 | 0.4% |
Fairstone Financial Issuance Trust I | 6.873% | 10/20/2039 | 0.4% |
Kosmos Energy Ltd | 7.750% | 05/01/2027 | 0.4% |
Vital Energy Inc | 10.125% | 01/15/2028 | 0.4% |
STL Holding Co LLC | 7.500% | 02/15/2026 | 0.4% |
Carlyle US CLO 2021-10 LTD | 11.308% | 10/20/2034 | 0.4% |
Santander Bank Auto Credit-Linked Notes Series 2022-C | 11.366% | 12/15/2032 | 0.4% |
Lending Funding Trust 2020-2 | 6.770% | 04/21/2031 | 0.3% |
Sunac China Holdings Ltd | 5.950% | 04/26/2024 | 0.3% |
BX Trust 2018-GW MZ | 9.947% | 05/15/2037 | 0.3% |
COMM 2015-DC1 Mortgage Trust | 4.297% | 02/10/2048 | 0.3% |
Santander Bank Auto Credit-Linked Notes Series 2022-C | 8.197% | 12/15/2032 | 0.3% |
Genesis Sales Finance Master Trust | 5.590% | 12/21/2026 | 0.3% |
Crescent Energy Finance LLC | 9.250% | 02/15/2028 | 0.3% |
Encina Equipment Finance 2021-1 LLC | 4.360% | 03/15/2029 | 0.3% |
Civitas Resources Inc | 5.000% | 10/15/2026 | 0.3% |
Avant Loans Funding Trust 2021-REV1 | 6.410% | 07/15/2030 | 0.3% |
Bread Financial Holdings Inc | 7.000% | 01/15/2026 | 0.3% |
Galaxy Xxviii Clo Ltd | 10.792% | 07/15/2031 | 0.3% |
Flagship Credit Auto Trust 2020-4 | 0.000% | 07/17/2028 | 0.2% |
Welltec International ApS | 8.250% | 10/15/2026 | 0.2% |
TICP CLO XI Ltd | 10.808% | 10/20/2031 | 0.2% |
Regatta XIV Funding Ltd | 10.768% | 10/25/2031 | 0.2% |
Dryden 65 CLO Ltd | 10.545% | 07/18/2030 | 0.2% |
CANOPY GROWTH CORPORATION | 13.008% | 03/18/2026 | 0.2% |
Logan Group Co Ltd | 5.250% | 02/23/2023 | 0.2% |
Sunac China Holdings Ltd | 6.500% | 01/10/2025 | 0.2% |
CIFI Holdings Group Co Ltd | 6.000% | 07/16/2025 | 0.2% |
VUE INTERNATIONAL BIDCO P L C | 9.766% | 06/30/2027 | 0.2% |
Palisades Center Trust 2016-PLSD | 2.713% | 04/13/2033 | 0.2% |
Carvana Auto Receivables Trust 2021-N1 | 0.000% | 01/10/2028 | 0.1% |
Danimer Scientific Inc | 3.250% | 12/15/2026 | 0.1% |
Shimao Group Holdings Ltd | 3.450% | 01/11/2031 | 0.1% |
Lendmark Funding Trust 2021-2 | 4.460% | 04/20/2032 | 0.1% |
Logan Group Co Ltd | 4.500% | 01/13/2028 | 0.1% |
Sunac China Holdings Ltd | 6.800% | 10/20/2024 | 0.1% |
CF Trust 2019-BOSS | 15.954% | 12/15/2024 | 0.1% |
Kaisa Group Holdings Ltd | 10.500% | 01/15/2025 | 0.1% |
United PF Holdings LLC | 13.230% | 12/30/2027 | 0.1% |
ACBL HLDG CORP | 0.000% | - | 0.1% |
Laurel Road Prime Student Loan Trust 2019-A | 0.000% | 10/25/2048 | 0.1% |
CIFI Holdings Group Co Ltd | 4.375% | 04/12/2027 | 0.0% |
Pagaya AI Debt Selection Trust 2020-1 | 0.000% | 07/15/2027 | 0.0% |
JP Morgan Chase Commercial Mortgage Securities Corp Series 2019-PCC | 13.593% | 09/15/2029 | 0.0% |
CIFI Holdings Group Co Ltd | 5.250% | 05/13/2026 | 0.0% |
Kaisa Group Holdings Ltd | 11.950% | 11/12/2023 | 0.0% |
ACBL HLDG CORP | 0.000% | - | 0.0% |
Sunac China Holdings Ltd | 7.500% | 02/01/2024 | 0.0% |
ARES XLVI CLO Ltd | 10.092% | 01/15/2030 | 0.0% |
ACBL HLDG CORP | 0.000% | - | 0.0% |
Credit Index Swap | 5.000% | 12/20/2027 | 0.0% |
Credit Default Swap | 1.000% | 12/20/2026 | 0.0% |
Pagaya AI Debt Selection Trust 2021-1 | 0.000% | 11/15/2027 | 0.0% |
Palisades Center Trust 2016-PLSD | 4.737% | 04/13/2033 | 0.0% |
Credit Index Swap | 1.000% | 12/20/2027 | 0.0% |
JP Morgan Chase Commercial Mortgage Securities Trust 2014-DSTY | 3.805% | 06/10/2027 | 0.0% |
CHINOS INTERMEDIATE 2 LLC | 0.000% | - | 0.0% |
FX USD/EUR 03/23 | 0.000% | 03/13/2023 | 0.0% |
FX EUR/USD 03/23 | 0.000% | 03/13/2023 | 0.0% |
FX EUR/USD 03/23 | 0.000% | 03/13/2023 | 0.0% |
JP Morgan Chase Commercial Mortgage Securities Corp Series 2019-PCC | 0.000% | 09/15/2029 | 0.0% |
FX USD/EUR 03/23 | 0.000% | 03/13/2023 | 0.0% |
Credit Default Swap | 0.250% | 12/20/2026 | 0.0% |
FX USD/EUR 03/23 | 0.000% | 03/13/2023 | 0.0% |
Credit Default Swap | 0.250% | 12/20/2027 | 0.0% |
FX USD/CAD 04/23 | 0.000% | 04/20/2023 | 0.0% |
Credit Default Swap | 1.000% | 06/20/2027 | 0.0% |
FX USD/EUR 03/23 | 0.000% | 03/13/2023 | 0.0% |
FX USD/EUR 03/23 | 0.000% | 03/13/2023 | -0.1% |
Holding | Coupon | Maturity | Assets |
---|
Global Aircraft Leasing Co Ltd | 6.500% | 09/15/2024 | 2.7% |
SPX FLOW Inc | 8.750% | 04/01/2030 | 2.6% |
BCPE Ulysses Intermediate Inc | 7.750% | 04/01/2027 | 2.5% |
VistaJet Malta Finance PLC / XO Management Holding Inc | 6.375% | 02/01/2030 | 2.5% |
Oscar AcquisitionCo LLC / Oscar Finance Inc | 9.500% | 04/15/2030 | 2.4% |
Madison IAQ LLC | 5.875% | 06/30/2029 | 2.3% |
Tap Rock Resources LLC | 7.000% | 10/01/2026 | 2.3% |
BCP V Modular Services Finance PLC | 6.750% | 11/30/2029 | 2.3% |
Nine Energy Service Inc | 13.000% | 02/01/2028 | 2.3% |
Earthstone Energy Holdings LLC | 8.000% | 04/15/2027 | 2.2% |
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
- YTD Dividends Paidas of 03/23/2023
- $0.133
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 02/28/2023 | $0.06921 | $8.96 |
Daily | Daily | 01/31/2023 | $0.06473 | $9.06 |
Upcoming Dividend Payment Dates
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 03/31/2023 |
Daily | Daily | 04/30/2023 |
Daily | Daily | 05/31/2023 |
Daily | Daily | 06/30/2023 |
Daily | Daily | 07/31/2023 |
Daily | Daily | 08/31/2023 |
Daily | Daily | 09/30/2023 |
Daily | Daily | 10/31/2023 |
Daily | Daily | 11/30/2023 |
Daily | Daily | 12/31/2023 |
Capital Gains Distributions
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/19/2022 | 12/20/2022 | $0.0637 | $0.0428 | $0.1065 | $8.81 |
07/27/2022 | 07/28/2022 | $0.0302 | - | $0.0302 | $9.16 |
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
Expense Ratio
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
1.40% | 1.40% |
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 04/30/2023. 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
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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Fund Story
Publish Date:11/03/2015
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Repurchase Calendar
Publish Date:11/03/2015
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