Floating Rate High Income Fund

April 22 is the quarterly deadline to redeem Floating Rate High Income Fund.
Daily price w/o sales charge as of 02/07/2025
$10.05
$0.00
YTD Returns w/o sales charge as of 02/07/2025
0.55%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks a high level of current income.
Average Yield to Maturity as of 12/31/2024 |
9.21% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 9.16% | 6.65% |
Fund Basicsas of 12/31/2024
- Total Net Assets
- $12.50 M
- Total Managed Assets
- $16.30 M
- Inception Date
- 01/26/2023
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 5.23%
- Fund Net Expense Ratio
- 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 0.54% | 11.12% | - | - | - | 11.92% |
Lipper Category Avg. | - | - | - | - | - | - |
Morningstar LSTA US Leveraged Loan Index | 0.69% | 8.97% | - | - | - | 10.48% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 11.65% | 11.65% | - | - | - | 12.15% |
Lipper Category Avg. | - | - | - | - | - | - |
Morningstar LSTA US Leveraged Loan Index | 8.95% | 8.95% | - | - | - | 10.57% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
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.
Portfolio
Portfolio
Type | Assets |
---|---|
Bank Loans | |
High Yield Bonds | |
CLO | |
ABS | |
Other | |
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 12/31/2024
Rating | Assets |
---|---|
U.S. Treasury | |
BB | |
B | |
<B | |
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 12/31/2024
- Total Net Assets
- $12.50 M
- Average Effective Duration
- 0.11 Years
- Average Life
- 2.3 Years
- Average Maturity
- 4.93 Years
- Number of Issues
- 184
- Average Yield to Maturity
- 9.21%
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 of12/31/2024
Holding | Coupon | Maturity | Assets |
---|
TORONTO DOMINION BANK THE | 4.470% | 01/02/2025 | 5.1% |
United States Treasury Bill | 0.000% | 01/02/2025 | 1.3% |
TORONTO DOMINION BANK THE | 4.000% | 01/02/2025 | 1.1% |
888 ACQUISITIONS LIMITED | 10.429% | 07/03/2028 | 1.1% |
Rocket Software Inc | 8.587% | 11/28/2028 | 1.0% |
Renaissance Holdings Corp | 8.452% | 04/08/2030 | 1.0% |
ADMI Corp | 10.088% | 12/23/2027 | 1.0% |
Garda World Security Corp | 7.833% | 02/01/2029 | 1.0% |
APIDOS CLO XLVIII Ltd | 11.065% | 07/25/2037 | 1.0% |
Leia Finco US LLC | 9.583% | 10/12/2032 | 1.0% |
Arcline FM Holdings LLC | 8.833% | 06/23/2028 | 1.0% |
Aretec Group Inc | 7.833% | 08/09/2030 | 1.0% |
EFS Cogen Holdings I LLC | 7.805% | 10/03/2031 | 1.0% |
Dryden 115 CLO Ltd | 11.732% | 04/18/2037 | 1.0% |
Central Parent LLC | 7.897% | 07/06/2029 | 1.0% |
Red Planet Borrower LLC | 7.957% | 09/29/2028 | 0.9% |
Heartland Dental LLC | 8.857% | 04/28/2028 | 0.9% |
Nexus Buyer LLC | 8.357% | 07/31/2031 | 0.9% |
Ares XLIII CLO Ltd | 7.445% | 01/15/2038 | 0.9% |
Modena Buyer LLC | 8.810% | 07/01/2031 | 0.9% |
Polaris Newco LLC | 6.678% | 06/05/2028 | 0.9% |
EPIC Y-Grade Services LP | 10.055% | 06/29/2029 | 0.9% |
ConnectWise LLC | 8.347% | 09/29/2028 | 0.9% |
DONCASTERS FINANCE US LLC | 10.856% | 04/23/2030 | 0.8% |
United PF Holdings LLC | 8.567% | 12/30/2026 | 0.8% |
DTI Holdco Inc | 9.089% | 04/26/2029 | 0.8% |
HAMILTON PROJECTS ACQUIROR LLC | 8.107% | 05/30/2031 | 0.8% |
Federal Home Loan Bank Discount Notes | 0.000% | 01/02/2025 | 0.8% |
Champions Financing Inc | 9.087% | 02/23/2029 | 0.8% |
8th Avenue Food & Provisions Inc | 8.202% | 10/01/2025 | 0.8% |
CLOVER HOLDINGS 2 LLC | 8.333% | 12/09/2031 | 0.8% |
SupplyOne Inc | 8.106% | 04/21/2031 | 0.8% |
Park River Holdings Inc | 7.693% | 12/28/2027 | 0.8% |
SKOPIMA MERGER SUB INC | 8.120% | 05/17/2028 | 0.7% |
Berlin Packaging LLC | 7.947% | 06/09/2031 | 0.7% |
Kobe US Midco 2 Inc | 9.250% | 11/01/2026 | 0.7% |
Asurion LLC | 7.697% | 07/30/2027 | 0.7% |
Advantage Sales & Marketing Inc | 9.012% | 10/28/2027 | 0.7% |
Gainwell Acquisition Corp | 8.410% | 10/01/2027 | 0.7% |
ION Trading Finance Ltd | 6.928% | 04/03/2028 | 0.7% |
Dye & Durham Corp | 9.008% | 04/14/2031 | 0.7% |
National Mentor Holdings Inc | 8.187% | 03/02/2028 | 0.7% |
Fitness International LLC | 9.906% | 02/12/2029 | 0.7% |
Azalea Topco Inc | 7.589% | 04/30/2031 | 0.7% |
Trulieve Cannabis Corp | 8.000% | 10/06/2026 | 0.7% |
Osaic Holdings Inc | 7.839% | 08/16/2028 | 0.7% |
LBM Acquisition LLC | 8.207% | 12/20/2027 | 0.7% |
Titan Acquisition Ltd/Canada | 8.795% | 02/15/2029 | 0.7% |
NAUTILUS POWER LLC | 10.168% | 11/16/2026 | 0.7% |
Amynta Agency Borrower Inc | 8.089% | 02/28/2028 | 0.7% |
Vision Solutions Inc | 11.587% | 04/23/2029 | 0.7% |
WaterBridge Midstream Operating LLC | 9.077% | 06/27/2029 | 0.7% |
Arches Buyer Inc | 7.689% | 12/06/2027 | 0.7% |
MARKET BIDCO LIMITED | 7.505% | 11/14/2030 | 0.7% |
Triton Water Holdings Inc | 8.310% | 03/31/2028 | 0.7% |
Ensono Inc | 8.459% | 05/30/2028 | 0.7% |
Compass Power Generation LLC | 8.089% | 04/16/2029 | 0.7% |
Barracuda Networks Inc | 8.943% | 08/15/2029 | 0.7% |
Dcert Buyer Inc | 8.397% | 10/16/2026 | 0.7% |
Generate Clo 16 Ltd | 11.157% | 07/20/2037 | 0.7% |
Empower CLO 2024-2 Ltd | 11.376% | 07/15/2037 | 0.7% |
Neuberger Berman Loan Advisers Clo 56 Ltd | 11.069% | 07/24/2037 | 0.7% |
Cloud Software Group Inc | 8.021% | 03/29/2029 | 0.7% |
Mangrove Luxco III Sarl | 8.179% | 07/15/2029 | 0.6% |
Raven Acquisition Holdings LLC | 7.620% | 11/20/2031 | 0.6% |
Curia Global Inc | 8.409% | 08/28/2026 | 0.6% |
BOLUDA TOWAGE S.L. | 6.613% | 01/31/2030 | 0.6% |
Delta Topco Inc | 9.749% | 12/02/2030 | 0.6% |
Lumen Technologies Inc | 4.000% | 02/15/2027 | 0.6% |
Spring Education Group Inc | 8.805% | 10/04/2030 | 0.6% |
Boxer Parent Co Inc | 10.339% | 07/30/2032 | 0.6% |
McAfee Corp | 7.370% | 03/01/2029 | 0.6% |
BCPE PEQUOD BUYER INC | 7.839% | 11/25/2031 | 0.6% |
Star Holding LLC | 8.837% | 07/31/2031 | 0.6% |
BCPE Grill Parent Inc | 9.264% | 09/30/2030 | 0.6% |
CP Atlas Buyer Inc | 8.183% | 11/23/2027 | 0.6% |
Saks Global Enterprises LLC | 11.000% | 12/15/2029 | 0.6% |
RealPage Inc | 7.471% | 04/24/2028 | 0.6% |
Dechra Finance US LLC | 7.620% | 12/03/2031 | 0.6% |
BELLIS ACQUISITION COMPANY PLC | 6.822% | 05/14/2031 | 0.6% |
Spin Holdco Inc | 8.465% | 03/06/2028 | 0.6% |
TTF Lower Intermediate LLC | 8.125% | 07/18/2031 | 0.6% |
JetBlue Airways Corp | 9.838% | 08/27/2029 | 0.6% |
AI Aqua Merger Sub Inc | 7.837% | 07/31/2028 | 0.5% |
Werner FinCo LP / Werner FinCo Inc | 11.500% | 06/15/2028 | 0.5% |
Tenneco Inc | 9.635% | 11/17/2028 | 0.5% |
Bulldog Purchaser Inc | 8.867% | 06/30/2031 | 0.5% |
Recess Holdings Inc | 9.021% | 02/20/2030 | 0.5% |
S&S Holdings LLC | 8.375% | 10/01/2031 | 0.5% |
Pretium PKG Holdings Inc | 8.910% | 10/02/2028 | 0.5% |
DRW Holdings LLC | 8.255% | 06/26/2031 | 0.5% |
ASP Unifrax Holdings Inc | 10.425% | 09/30/2029 | 0.5% |
Speedster Bidco GmbH | 7.833% | 10/13/2031 | 0.5% |
eResearchTechnology Inc | 8.337% | 02/04/2027 | 0.5% |
Virgin Media Bristol LLC | 7.012% | 01/31/2028 | 0.5% |
CD+R FIREFLY BIDCO LIMITED | 10.200% | 06/21/2028 | 0.5% |
Service Logic Acquisition Inc | 7.870% | 10/29/2027 | 0.5% |
MH Sub I LLC | 8.583% | 05/03/2028 | 0.5% |
FNZ USA FinCo LLC | 9.333% | 11/05/2031 | 0.5% |
PetSmart LLC | 8.297% | 02/14/2028 | 0.5% |
Rand Parent LLC | 8.309% | 03/18/2030 | 0.5% |
EW Scripps Co/The | 6.938% | 05/01/2026 | 0.5% |
Asurion LLC | 9.735% | 01/22/2029 | 0.5% |
Aragorn Parent Corp | 8.647% | 12/15/2028 | 0.5% |
WaterBridge NDB Operating LLC | 9.022% | 05/10/2029 | 0.5% |
Herens Holdco Sarl | 6.603% | 07/03/2028 | 0.5% |
Titan US Finco LLC | 8.632% | 10/18/2028 | 0.5% |
VistaJet Malta Finance PLC / Vista Management Holding Inc | 9.500% | 06/01/2028 | 0.5% |
XPLOR T1 LLC | 7.827% | 06/24/2031 | 0.5% |
Cotiviti Inc | 7.625% | 04/30/2031 | 0.5% |
CAL Receivables 2022-1 LLC | 8.948% | 10/15/2026 | 0.5% |
Ontario Gaming GTA LP | 8.560% | 08/01/2030 | 0.5% |
Global Medical Response Inc | 9.120% | 10/02/2028 | 0.5% |
Acrisure LLC | 7.356% | 11/06/2030 | 0.5% |
VIANT MEDICAL HOLDINGS INC | 8.345% | 10/29/2031 | 0.5% |
OneDigital Borrower LLC | 9.587% | 07/02/2032 | 0.5% |
CD+R HYDRA BUYER INC | 8.439% | 03/25/2031 | 0.5% |
Cornerstone Building Brands Inc | 8.997% | 05/15/2031 | 0.5% |
Mitchell International Inc | 9.632% | 06/17/2032 | 0.5% |
Lsf12 Crown US Commercial Bidco LLC | 8.587% | 12/02/2031 | 0.5% |
Oscar Acquisitionco LLC | 8.601% | 04/30/2029 | 0.4% |
Sinclair Television Group Inc | 7.306% | 09/30/2026 | 0.4% |
Brock Holdings III LLC | 10.559% | 05/02/2030 | 0.4% |
SUMMER BC HOLDCO B SARL | 9.816% | 02/13/2029 | 0.4% |
CELESTIAL SATURN PARENT INC | 10.947% | 06/04/2029 | 0.4% |
Cornerstone Generation LLC | 7.647% | 10/28/2031 | 0.4% |
IFCO MANAGEMENT GMBH | 6.428% | 11/21/2029 | 0.4% |
Curaleaf Holdings Inc | 8.000% | 12/15/2026 | 0.4% |
Project Boost Purchaser LLC | 9.897% | 07/16/2032 | 0.4% |
AMC Entertainment Holdings Inc | 6.125% | 05/15/2027 | 0.4% |
PROJECT ALPHA INTERME HLDG INC | 9.452% | 11/22/2032 | 0.4% |
Conga Corp | 8.022% | 05/08/2028 | 0.4% |
ION Corporate Solutions Finance Sarl | 6.638% | 03/13/2028 | 0.4% |
BCPE Empire Holdings Inc | 7.875% | 12/26/2028 | 0.4% |
Flynn Restaurant Group LP | 8.697% | 12/04/2028 | 0.4% |
Constant Contact Inc | 8.522% | 02/10/2028 | 0.4% |
Wave Distribution Holdings LLC | 7.947% | 03/05/2027 | 0.4% |
Cloud Software Group Inc | 8.083% | 03/24/2031 | 0.4% |
Tank Holding Corp | 10.457% | 03/31/2028 | 0.4% |
Peraton Corp | 12.294% | 02/01/2029 | 0.4% |
Altice France SA | 6.062% | 02/02/2026 | 0.4% |
QSRP FINCO BV | 8.117% | 06/16/2031 | 0.4% |
Allied Universal Holdco LLC | 8.247% | 05/15/2028 | 0.4% |
RealPage Inc | 8.132% | 04/24/2028 | 0.4% |
Kodiak BP LLC | 8.083% | 12/04/2031 | 0.4% |
Sunnova Energy Corp | 5.875% | 09/01/2026 | 0.4% |
Cengage Learning Inc | 7.856% | 11/24/2031 | 0.4% |
MOSEL BIDCO SE | 8.859% | 09/16/2030 | 0.4% |
Michaels Cos Inc/The | 9.168% | 04/17/2028 | 0.4% |
Evergreen Acqco 1 LP | 8.335% | 04/26/2028 | 0.3% |
CMG Media Corp | 7.837% | 06/18/2029 | 0.3% |
Southern Veterinary Partners LLC | 7.583% | 12/04/2031 | 0.3% |
ACProducts Holdings Inc | 6.375% | 05/15/2029 | 0.3% |
Lightstone Holdco LLC | 10.241% | 01/29/2027 | 0.3% |
Blackstone Mortgage Trust Inc | 8.197% | 12/11/2028 | 0.3% |
Directv Financing LLC | 9.452% | 08/02/2027 | 0.3% |
Cornerstone Building Brands Inc | 7.747% | 04/12/2028 | 0.3% |
Sabre GLBL Inc | 8.061% | 12/17/2027 | 0.3% |
Ingenovis Health Inc | 8.197% | 03/06/2028 | 0.3% |
GPS Hospitality Holding Co LLC / GPS Finco Inc | 7.000% | 08/15/2028 | 0.3% |
ASPIRE BAKERIES HOLDINGS LLC | 8.583% | 12/23/2030 | 0.2% |
MH SUB I LLC | 8.607% | 12/11/2031 | 0.2% |
CEVA SANTE ANIMALE | 6.368% | 11/13/2030 | 0.2% |
Constant Contact Inc | 12.022% | 02/12/2029 | 0.2% |
Sabre GLBL Inc | 8.061% | 12/17/2027 | 0.2% |
FX USD/EUR 02/25 | 0.000% | 02/20/2025 | 0.2% |
Lightstone Holdco LLC | 10.241% | 01/29/2027 | 0.2% |
Red Planet Borrower LLC | 9.583% | 09/29/2028 | 0.2% |
Foundation Building Materials Inc | 8.097% | 01/31/2028 | 0.1% |
Tank Holding Corp | 10.456% | 03/31/2028 | 0.1% |
Project Alpha Intermediate Holding Inc | 7.589% | 10/28/2030 | 0.1% |
Project Boost Purchaser LLC | 8.147% | 07/16/2031 | 0.1% |
QSRP FINCO BV | 8.282% | 06/16/2031 | 0.1% |
Tank Holding Corp | 10.456% | 03/31/2028 | 0.1% |
Bulldog Purchaser Inc | 8.178% | 06/30/2031 | 0.0% |
National Mentor Holdings Inc | 8.160% | 03/02/2028 | 0.0% |
Total Return Swap | 4.390% | 03/20/2025 | 0.0% |
PODS LLC | 7.776% | 03/31/2028 | 0.0% |
Total Return Swap | 4.390% | 03/20/2025 | 0.0% |
FX USD/EUR 02/25 | 0.000% | 02/20/2025 | 0.0% |
Interest Rate Swap | 4.007% | 06/01/2028 | 0.0% |
Raven Acquisition Holdings LLC | 7.616% | 11/20/2031 | 0.0% |
DONCASTERS FINANCE US LLC | 10.856% | 04/23/2030 | 0.0% |
FX EUR/USD 02/25 | 0.000% | 02/20/2025 | 0.0% |
Holding | Coupon | Maturity | Assets |
---|
United States Treasury Bill | 0.000% | 01/02/2025 | 1.4% |
888 ACQUISITIONS LIMITED | 10.429% | 07/03/2028 | 1.2% |
Rocket Software Inc | 8.587% | 11/28/2028 | 1.1% |
Renaissance Holdings Corp | 8.452% | 04/08/2030 | 1.1% |
ADMI Corp | 10.088% | 12/23/2027 | 1.1% |
Garda World Security Corp | 7.833% | 02/01/2029 | 1.1% |
APIDOS CLO XLVIII Ltd | 11.065% | 07/25/2037 | 1.1% |
Leia Finco US LLC | 9.583% | 10/12/2032 | 1.1% |
Arcline FM Holdings LLC | 8.833% | 06/23/2028 | 1.0% |
Aretec Group Inc | 7.833% | 08/09/2030 | 1.0% |
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.
Performance
Performance
Dividend Yield 1 as of 02/07/2025
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 8.92% | 5.81% |
30-Day Standardized Yield 2 as of 01/31/2025
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 9.16% | 6.65% |
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 0.54% | 11.12% | - | - | - | 11.92% |
Lipper Category Avg. | - | - | - | - | - | - |
Morningstar LSTA US Leveraged Loan Index | 0.69% | 8.97% | - | - | - | 10.48% |
w/ sales charge | 0.54% | 11.12% | - | - | - | 11.92% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 11.65% | 11.65% | - | - | - | 12.15% |
Lipper Category Avg. | - | - | - | - | - | - |
Morningstar LSTA US Leveraged Loan Index | 8.95% | 8.95% | - | - | - | 10.57% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
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.
NAV Historical Prices
Date | Net Asset Value |
---|
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 02/07/2025
- $0.07470
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 01/31/2025 | $0.07470 | $10.07 |
Upcoming Dividend Payment Dates
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 02/28/2025 |
Daily | Daily | 03/31/2025 |
Daily | Daily | 04/30/2025 |
Daily | Daily | 05/31/2025 |
Daily | Daily | 06/30/2025 |
Daily | Daily | 07/31/2025 |
Daily | Daily | 08/31/2025 |
Daily | Daily | 09/30/2025 |
Daily | Daily | 10/31/2025 |
Daily | Daily | 11/30/2025 |
Daily | Daily | 12/31/2025 |
Capital Gains Distributions
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/16/2024 | 12/17/2024 | $0.0372 | $0.1136 | $0.1508 | $10.12 |
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 | 5.23% |
Fund Net Expense Ratio | 0.25% |
Expense ratio details, Click here.
The Fund's net expense ratio takes into account deductions for interest expenses and other related expenses from certain of the Fund's investments, as applicable. 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.
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 Report
Publish Date:11/03/2015
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Semi-Annual Report
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.