Credit Opportunities Fund
![fund alert](/etc.clientlibs/lordabbett/clientlibs/clientlib-base/resources/images/share_notification_taxFdPC.jpg)
October 23 is the quarterly deadline to redeem Credit Opportunities Fund.
Daily price w/o sales charge as of 07/26/2024
$9.01
$0.01
YTD Returns w/o sales charge as of 07/26/2024
7.57%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Maturity as of 06/28/2024 |
10.17% |
30-Day Standardized Yield 1 as of 06/30/2024 |
8.96% |
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.
Fund Basicsas of 06/28/2024
- Total Net Assets
- $2.15 B
- Inception Date
- 02/22/2019
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 1.68%
- Fund Net Expense Ratio
- 1.68%
- Adjusted Expense Ratio
- 1.42%
- Number of Holdings
- 154
Adjusted Expense Ratio – Excludes certain investment expenses, such as the interest expense from borrowing in certain underlying funds.
Fund Expense Ratio :
1.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 6.40% | 12.54% | 3.48% | 7.22% | - | 7.44% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.65% | 10.53% | 1.70% | 3.75% | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.68%
Fund Expense Ratio :
1.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 6.40% | 12.54% | 3.48% | 7.22% | - | 7.44% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.65% | 10.53% | 1.70% | 3.75% | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.68%
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
Average Yield to Maturity as of 06/28/2024
30-Day Standardized Yield 1 as of 06/30/2024
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 8.96% | 8.96% |
Fund Expense Ratio :
Gross 1.68%
Net 1.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 6.40% | 12.54% | 3.48% | 7.22% | - | 7.44% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.65% | 10.53% | 1.70% | 3.75% | - | - |
w/ sales charge | 6.40% | 12.54% | 3.48% | 7.22% | - | 7.44% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 1.68%
Net 1.68%
Fund Expense Ratio :
Gross 1.68%
Net 1.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 02/21/2019 |
---|
w/o sales charge | 6.40% | 12.54% | 3.48% | 7.22% | - | 7.44% |
Lipper Category Avg. | - | - | - | - | - | - |
ICE BofA U.S. High Yield Constrained Index | 2.65% | 10.53% | 1.70% | 3.75% | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 1.68%
Net 1.68%
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 |
---|
2023 | 11.15% | 13.55% |
2022 | -8.58% | -11.16% |
2021 | 13.35% | 5.35% |
2020 | 12.84% | 6.07% |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2024 | 3.76% | 2.55% | - | - |
2023 | 3.23% | 1.80% | 2.40% | 3.29% |
2022 | -1.08% | -8.91% | -0.05% | 1.51% |
2021 | 5.75% | 4.58% | 2.02% | 0.47% |
2020 | -17.25% | 13.31% | 6.99% | 12.48% |
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 | |
ABS | |
CLO | |
Non-U.S. High Yield Corporate | |
Bank Loans | |
U.S. Investment Grade Corporate | |
Emerging Market | |
Private Credit | |
CMBS | |
Convertibles | |
Equity | |
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 06/28/2024
Rating | Assets |
---|---|
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 06/28/2024
- Total Net Assets
- $2.15 B
- Average Effective Duration
- 2.08 Years
- Average Life
- 3.8 Years
- Average Maturity
- 6.24 Years
- Number of Issues
- 154
- Average Yield to Maturity
- 10.17%
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 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.
All Holdings as of05/31/2024
Holding | Coupon | Maturity | Assets |
---|
BARCLAYS CAPITAL | 0.010% | 06/03/2024 | 3.4% |
Encino Acquisition Partners Holdings LLC | 8.750% | 05/01/2031 | 2.8% |
Comstock Resources Inc | 5.875% | 01/15/2030 | 2.6% |
Transocean Inc | 7.500% | 04/15/2031 | 2.5% |
Crescent Energy Finance LLC | 7.625% | 04/01/2032 | 2.5% |
Shelf Drilling Holdings Ltd | 9.625% | 04/15/2029 | 2.4% |
Global Aircraft Leasing Co Ltd | 6.500% | 09/15/2024 | 2.1% |
Viasat Inc | 7.500% | 05/30/2031 | 2.0% |
Madison IAQ LLC | 5.875% | 06/30/2029 | 2.0% |
VistaJet Malta Finance PLC / Vista Management Holding Inc | 6.375% | 02/01/2030 | 2.0% |
SCF Equipment Leasing 2022-2 LLC | 6.500% | 06/20/2035 | 1.9% |
Rockcliff Energy II LLC | 5.500% | 10/15/2029 | 1.9% |
Valaris Ltd | 8.375% | 04/30/2030 | 1.9% |
GPS Hospitality Holding Co LLC / GPS Finco Inc | 7.000% | 08/15/2028 | 1.8% |
ACProducts Holdings Inc | 6.375% | 05/15/2029 | 1.8% |
BCP V Modular Services Finance PLC | 6.750% | 11/30/2029 | 1.8% |
EquipmentShare.com Inc | 9.000% | 05/15/2028 | 1.7% |
Allied Universal Holdco LLC / Allied Universal Finance Corp | 6.000% | 06/01/2029 | 1.7% |
Spirit AeroSystems Inc | 4.600% | 06/15/2028 | 1.7% |
Nabors Industries Ltd | 7.500% | 01/15/2028 | 1.6% |
VStrong Auto Receivables Trust 2024-A | 10.120% | 07/15/2031 | 1.6% |
Whirlpool Corp | 0.000% | 06/21/2024 | 1.6% |
Park River Holdings Inc | 5.625% | 02/01/2029 | 1.6% |
BCPE Ulysses Intermediate Inc | 7.750% | 04/01/2027 | 1.6% |
AMC Networks Inc | 4.250% | 02/15/2029 | 1.6% |
AutoNation Inc | 0.000% | 06/04/2024 | 1.4% |
Ovintiv Inc | 0.000% | 06/20/2024 | 1.4% |
CAL Receivables 2022-1 LLC | 9.674% | 10/15/2026 | 1.4% |
Hilcorp Energy I LP / Hilcorp Finance Co | 6.875% | 05/15/2034 | 1.4% |
Nine Energy Service Inc | 13.000% | 02/01/2028 | 1.3% |
Exeter Automobile Receivables Trust 2023-2 | 9.750% | 11/15/2030 | 1.2% |
Armor Holdco Inc | 8.500% | 11/15/2029 | 1.2% |
Leggett & Platt Inc | 0.000% | 06/04/2024 | 1.2% |
Berry Petroleum Co LLC | 7.000% | 02/15/2026 | 1.1% |
W&T Offshore Inc | 11.750% | 02/01/2026 | 1.1% |
Santander Bank Auto Credit-Linked Notes Series 2022-C | 14.592% | 12/15/2032 | 1.1% |
Perimeter Master Note Business Trust | 8.130% | 05/15/2027 | 1.0% |
Flagship Credit Auto Trust 2023-2 | 10.890% | 07/15/2030 | 1.0% |
Elmwood CLO 20 Ltd | 0.000% | 01/17/2037 | 0.9% |
Park River Holdings Inc | 6.750% | 08/01/2029 | 0.9% |
Exeter Automobile Receivables Trust 2020-2 | 0.000% | 09/15/2032 | 0.9% |
CSC Holdings LLC | 11.750% | 01/31/2029 | 0.9% |
LORD ABBETT PVT CR FUND 1 LP | 0.000% | 04/01/2099 | 0.9% |
GRANT THORNTON ADVISORS LLC | 0.000% | 05/16/2031 | 0.8% |
GN Bondco LLC | 9.500% | 10/15/2031 | 0.8% |
OCP CLO 2023-26 Ltd | 0.000% | 04/17/2036 | 0.8% |
Ally Auto Receivables Trust 2024-1 | 0.000% | 02/16/2032 | 0.8% |
Rad CLO 22 Ltd | 0.000% | 01/20/2037 | 0.8% |
Osaic Holdings Inc | 10.750% | 08/01/2027 | 0.7% |
Exeter Automobile Receivables Trust 2024-2 | 7.980% | 10/15/2031 | 0.7% |
AES Corp/The | 0.000% | 06/07/2024 | 0.7% |
AGL CLO 30 Ltd | 12.075% | 04/21/2037 | 0.7% |
New Mountain CLO 5 Ltd | 0.000% | 04/20/2036 | 0.7% |
Generate CLO 14 Ltd | 9.325% | 04/22/2037 | 0.7% |
Cedar Funding XVIII CLO Ltd | 9.226% | 04/23/2037 | 0.7% |
SCF Preferred Equity LLC | 7.500% | 10/16/2172 | 0.7% |
LBM Acquisition LLC | 6.250% | 01/15/2029 | 0.7% |
Madison Park Funding XLVII Ltd | 9.227% | 04/19/2037 | 0.6% |
Kosmos Energy Ltd | 7.500% | 03/01/2028 | 0.6% |
Exeter Automobile Receivables Trust 2021-2 | 0.000% | 02/15/2033 | 0.6% |
Nexus Buyer LLC | 11.679% | 11/05/2029 | 0.6% |
Rad CLO 20 Ltd | 13.405% | 07/20/2036 | 0.6% |
GLS Auto Receivables Issuer Trust 2023-4 | 9.720% | 08/15/2030 | 0.6% |
Oceaneering International Inc | 6.000% | 02/01/2028 | 0.6% |
720 East CLO 2023-II Ltd | 13.899% | 10/15/2036 | 0.5% |
Nabors Industries Inc | 1.750% | 06/15/2029 | 0.5% |
GLS Auto Receivables Issuer Trust 2023-3 | 9.270% | 08/15/2030 | 0.5% |
J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-BOLT | 12.131% | 08/15/2033 | 0.5% |
Berlin Packaging LLC | 0.000% | 05/09/2031 | 0.5% |
Dryden 115 CLO Ltd | 12.427% | 04/18/2037 | 0.5% |
Sycamore Tree CLO 2023-3 Ltd | 9.575% | 04/20/2037 | 0.5% |
Ballyrock CLO 24 Ltd | 0.000% | 07/15/2036 | 0.5% |
Empower CLO 2024-2 Ltd | 11.393% | 07/15/2037 | 0.5% |
Exeter Automobile Receivables Trust 2024-3 | 7.840% | 10/15/2031 | 0.5% |
AMMC CLO 30 Ltd | 13.059% | 01/15/2037 | 0.4% |
GLS Auto Receivables Issuer Trust 2024-2 | 7.980% | 05/15/2031 | 0.4% |
CARLYLE US CLO 2021-5 LTD | 11.836% | 07/20/2034 | 0.4% |
720 East CLO V Ltd | 8.843% | 07/20/2037 | 0.4% |
Santander Bank Auto Credit-Linked Notes Series 2022-A | 12.662% | 05/15/2032 | 0.4% |
Allied Universal Holdco LLC | 9.179% | 05/12/2028 | 0.4% |
Exeter Automobile Receivables Trust 2021-1 | 0.000% | 07/15/2033 | 0.4% |
Fairstone Financial Issuance Trust I | 6.873% | 10/20/2039 | 0.4% |
Generate Clo 13 Ltd | 13.365% | 01/20/2037 | 0.4% |
Generate Clo 16 Ltd | 11.493% | 07/20/2037 | 0.4% |
CORNERSTONE BUILDING BRNDS INC | 9.817% | 05/02/2031 | 0.4% |
Generate Clo 13 Ltd | 10.325% | 01/20/2037 | 0.4% |
Neuberger Berman Loan Advisers Clo 56 Ltd | 11.093% | 07/24/2037 | 0.3% |
CSC Holdings LLC | 4.625% | 12/01/2030 | 0.3% |
CIFC Funding 2024-I Ltd | 9.027% | 04/18/2037 | 0.3% |
Rad CLO 20 Ltd | 10.325% | 07/20/2036 | 0.3% |
Ballyrock CLO 26 Ltd | 0.000% | 07/25/2037 | 0.3% |
Stratus Static CLO 2022-3 Ltd | 8.925% | 10/20/2031 | 0.3% |
Continental Finance Credit Card ABS Master Trust | 5.750% | 12/15/2028 | 0.3% |
SBNA Auto Receivables Trust 2024-A | 8.000% | 04/15/2032 | 0.3% |
Ballyrock CLO 23 Ltd | 10.524% | 04/25/2036 | 0.3% |
RAD CLO 23 Ltd | 12.075% | 04/20/2037 | 0.3% |
Affirm Asset Securitization Trust 2023-X1 | 0.000% | 11/15/2028 | 0.3% |
Ballyrock CLO 20 Ltd | 12.579% | 07/15/2034 | 0.2% |
Vital Energy Inc | 7.875% | 04/15/2032 | 0.2% |
Whirlpool Corp | 0.000% | 06/06/2024 | 0.2% |
APIDOS CLO XLVIII Ltd | 11.080% | 07/25/2037 | 0.2% |
Perimeter Master Note Business Trust | 5.190% | 05/15/2027 | 0.2% |
Exeter Automobile Receivables Trust 2021-4 | 0.000% | 12/15/2033 | 0.2% |
Sunac China Holdings Ltd | 0.000% | 09/30/2028 | 0.2% |
ACProducts Holdings Inc | 9.814% | 05/17/2028 | 0.2% |
Generate CLO 15 Ltd | 9.072% | 07/20/2037 | 0.2% |
FMC Corp | 0.000% | 06/17/2024 | 0.2% |
Avant Loans Funding Trust 2021-REV1 | 6.410% | 07/15/2030 | 0.2% |
HINNT 2024-A LLC | 7.000% | 03/15/2043 | 0.2% |
Genesis Sales Finance Master Trust | 5.590% | 12/21/2026 | 0.2% |
PenFed Auto Receivables Owner Trust 2022-A | 0.000% | 06/17/2030 | 0.2% |
Affirm Asset Securitization Trust 2024-X1 | 0.000% | 05/15/2029 | 0.2% |
Santander Bank Auto Credit-Linked Notes Series 2022-C | 11.366% | 12/15/2032 | 0.1% |
Altice France Holding SA | 8.000% | 05/15/2027 | 0.1% |
CANOPY GROWTH CORPORATION | 13.942% | 03/18/2026 | 0.1% |
Flagship Credit Auto Trust 2020-4 | 0.000% | 07/17/2028 | 0.1% |
Shimao Group Holdings Ltd | 5.200% | 01/16/2027 | 0.1% |
CF Trust 2019-BOSS | 16.864% | 12/15/2024 | 0.1% |
Rand Parent LLC | 8.500% | 02/15/2030 | 0.1% |
Carvana Auto Receivables Trust 2021-N1 | 0.000% | 01/10/2028 | 0.1% |
ACBL HLDG CORP | 0.000% | - | 0.1% |
Credit Default Swap | 5.000% | 06/20/2025 | 0.0% |
United PF Holdings LLC | 14.091% | 12/30/2027 | 0.0% |
CIFI Holdings Group Co Ltd | 6.000% | 07/16/2025 | 0.0% |
Logan Group Co Ltd | 5.250% | 02/23/2023 | 0.0% |
Laurel Road Prime Student Loan Trust 2019-A | 0.000% | 10/25/2048 | 0.0% |
Logan Group Co Ltd | 4.500% | 01/13/2028 | 0.0% |
Shimao Group Holdings Ltd | 3.450% | 01/11/2031 | 0.0% |
Sunac China Holdings Ltd | 6.750% | 09/30/2028 | 0.0% |
Sunac China Holdings Ltd | 7.000% | 09/30/2029 | 0.0% |
Pagaya AI Debt Selection Trust 2020-1 | 0.000% | 07/15/2027 | 0.0% |
Credit Default Swap | 5.000% | 12/20/2024 | 0.0% |
Nine Energy Service Inc | 0.000% | - | 0.0% |
CIFI Holdings Group Co Ltd | 4.375% | 04/12/2027 | 0.0% |
CIFI Holdings Group Co Ltd | 5.250% | 05/13/2026 | 0.0% |
ACBL HLDG CORP | 0.000% | - | 0.0% |
Sunac China Holdings Ltd | 1.000% | 09/30/2032 | 0.0% |
Sunac China Holdings Ltd | 6.500% | 09/30/2027 | 0.0% |
Kaisa Group Holdings Ltd | 10.500% | 01/15/2025 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
Sunac China Holdings Ltd | 7.250% | 09/30/2030 | 0.0% |
Sunac China Holdings Ltd | 6.000% | 09/30/2026 | 0.0% |
Sunac China Holdings Ltd | 6.250% | 09/30/2027 | 0.0% |
Kaisa Group Holdings Ltd | 11.950% | 11/12/2023 | 0.0% |
Credit Index Swap | 5.000% | 06/20/2029 | 0.0% |
CHINOS INTERMEDIATE 2 LLC | 0.000% | - | 0.0% |
JP Morgan Chase Commercial Mortgage Securities Trust 2014-DSTY | 3.805% | 06/10/2027 | 0.0% |
Palisades Center Trust 2016-PLSD | 4.737% | 04/13/2033 | 0.0% |
Pagaya AI Debt Selection Trust 2021-1 | 0.000% | 11/15/2027 | 0.0% |
Credit Default Swap | 0.250% | 12/20/2026 | 0.0% |
Credit Default Swap | 0.250% | 12/20/2027 | 0.0% |
FX USD/CAD 08/24 | 0.000% | 08/09/2024 | 0.0% |
Credit Default Swap | 5.000% | 12/20/2028 | 0.0% |
Credit Default Swap | 5.000% | 06/20/2028 | 0.0% |
Holding | Coupon | Maturity | Assets |
---|
Shelf Drilling Holdings Ltd | 9.625% | 04/15/2029 | 2.9% |
Transocean Inc | 7.500% | 04/15/2031 | 2.8% |
Comstock Resources Inc | 5.875% | 01/15/2030 | 2.7% |
Encino Acquisition Partners Holdings LLC | 8.750% | 05/01/2031 | 2.7% |
Global Aircraft Leasing Co Ltd | 6.500% | 09/15/2024 | 2.6% |
Rockcliff Energy II LLC | 5.500% | 10/15/2029 | 2.2% |
Crescent Energy Finance LLC | 7.625% | 04/01/2032 | 2.2% |
Viasat Inc | 7.500% | 05/30/2031 | 2.1% |
SCF Equipment Leasing 2022-2 LLC | 6.500% | 06/20/2035 | 2.0% |
VistaJet Malta Finance PLC / Vista Management Holding Inc | 6.375% | 02/01/2030 | 2.0% |
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
- YTD Dividends Paidas of 07/26/2024
- $0.46522
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 06/30/2024 | $0.06697 | $8.97 |
Daily | Daily | 05/31/2024 | $0.06370 | $8.91 |
Daily | Daily | 04/30/2024 | $0.09429 | $8.84 |
Daily | Daily | 03/31/2024 | $0.07578 | $8.97 |
Daily | Daily | 02/29/2024 | $0.07812 | $8.92 |
Daily | Daily | 01/31/2024 | $0.08637 | $8.91 |
Upcoming Dividend Payment Dates
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 07/31/2024 |
Daily | Daily | 08/31/2024 |
Daily | Daily | 09/30/2024 |
Daily | Daily | 10/31/2024 |
Daily | Daily | 11/30/2024 |
Daily | Daily | 12/31/2024 |
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 | 1.68% |
Fund Net Expense Ratio | 1.68% |
Adjusted Expense Ratio | 1.42% |
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 04/30/2025. 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.
Adjusted Expense Ratio – Excludes certain investment expenses, such as the interest expense from borrowing in certain underlying funds.
Fund Documents
Fund Documents
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 Financial Statements and Other Information *
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
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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Section 16 filings available HERE.