Corporate Bond Fund
The reorganization of Lord Abbett Corporate Bond Fund into Lord Abbett Income Fund is expected to be completed as of the close of business on March 22, 2024. As a result, at that time, shareholders of Lord Abbett Corporate Bond Fund will become shareholders of Lord Abbett Income Fund, and shares of Lord Abbett Corporate Bond Fund no longer will be available for purchase or exchange. Purchase or exchange orders for shares of Lord Abbett Corporate Bond Fund received after the close of regular trading on the New York Stock Exchange (typically 4:00 p.m. Eastern time) on March 21, 2024 will be deemed purchase or exchange orders for shares of Lord Abbett Income Fund.
Daily price w/o sales charge as of 03/18/2024
$8.30
$0.00
YTD Returns w/o sales charge as of 03/18/2024
-0.91%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Maturity as of 02/29/2024 |
5.63% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 4.70% | 0.00% |
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.
Fund Basicsas of 02/29/2024
- Total Net Assets
- $9.35 M
- Inception Date
- 04/20/2017
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 3.85%
- Fund Net Expense Ratio
- 0.68%
- Number of Holdings
- 230
- Minimum Initial Investment
- $1,500+
Type | Assets |
---|---|
Investment Grade Corporate | |
U.S. Government Related | |
High Yield Corporate | |
Other | |
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 | |
1-2.99 years | |
3-4.99 years | |
5-6.99 years | |
7-9.99 years | |
Greater than 10 years |
CREDIT QUALITY DISTRIBUTION as of 02/29/2024 View Portfolio
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
AA | |
A | |
BBB | |
<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.
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Performance
Performance
Average Yield to Maturity as of 02/29/2024
30-Day Standardized Yield 1 as of 02/29/2024
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 4.70% | 0.00% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 3.85%
Net 0.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | -1.13% | 5.56% | -3.04% | 1.56% | - | 1.57% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | -1.43% | 5.18% | -3.20% | 1.47% | - | - |
Bloomberg US Corp Investment Grade Index | -1.67% | 5.97% | -2.85% | 1.77% | - | 1.83% |
w/ sales charge | -3.30% | 3.18% | -3.78% | 1.10% | - | 1.23% |
Fund Expense Ratio :
Gross 3.85%
Net 0.68%
Fund Expense Ratio :
Gross 3.85%
Net 0.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | 8.02% | 8.02% | -3.34% | 2.21% | - | 1.78% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | 7.84% | 7.84% | -3.63% | 2.25% | - | - |
Bloomberg US Corp Investment Grade Index | 8.52% | 8.52% | -3.29% | 2.63% | - | 2.13% |
w/ sales charge | 5.57% | 5.57% | -4.08% | 1.74% | - | 1.43% |
Fund Expense Ratio :
Gross 3.85%
Net 0.68%
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 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. Therefore, there can be no assurance for future results.
Year | Fund Returns | Bloomberg US Corp Investment Grade Index |
---|
2023 | 8.02% | 8.52% |
2022 | -16.42% | -15.76% |
2021 | 0.04% | -1.04% |
2020 | 9.37% | 9.89% |
2019 | 12.95% | 14.54% |
2018 | -2.94% | -2.51% |
2017 | 3.93% | 6.42% |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2024 | - | - | - | - |
2023 | 3.50% | -0.61% | -2.89% | 8.14% |
2022 | -7.47% | -7.68% | -5.07% | 3.06% |
2021 | -3.96% | 3.73% | 0.25% | 0.16% |
2020 | -6.23% | 10.22% | 2.14% | 3.61% |
2019 | 4.57% | 3.99% | 2.74% | 1.09% |
2018 | -2.00% | -1.22% | 0.75% | -0.48% |
2017 | - | - | 1.40% | 1.35% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
GROWTH OF $10,000 as of 02/29/2024
The chart begins on the Fund's inception date of 04/19/2017.
Based on a hypothetical Class A share investment of $10,000 on 04/19/2017 without sales charge and includes the reinvestment of all distributions.
NAV Historical Prices
Date | Net Asset Value |
---|
Portfolio
Portfolio
Type | Assets |
---|---|
Investment Grade Corporate | |
U.S. Government Related | |
High Yield Corporate | |
Other | |
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 | |
1-2.99 years | |
3-4.99 years | |
5-6.99 years | |
7-9.99 years | |
Greater than 10 years |
CREDIT QUALITY DISTRIBUTION as of 02/29/2024
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
AA | |
A | |
BBB | |
<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 02/29/2024
- Total Net Assets
- $9.35 M
- Average Effective Duration
- 6.77 Years
- Average Life
- 9.16 Years
- Number of Issues
- 230
- Average Yield to Maturity
- 5.63%
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.
Holding | Coupon | Maturity | Assets |
---|
United States Treasury Note/Bond | 3.750% | 12/31/2028 | 4.3% |
United States Treasury Note/Bond | 4.375% | 08/15/2043 | 3.0% |
UBS Group AG | 4.125% | 04/15/2026 | 2.2% |
Bank of America Corp | 3.593% | 07/21/2028 | 1.6% |
Morgan Stanley | 4.431% | 01/23/2030 | 1.6% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 1.5% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.3% |
BAT Capital Corp | 7.750% | 10/19/2032 | 1.3% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 1.1% |
Centene Corp | 3.375% | 02/15/2030 | 1.1% |
Holding | Coupon | Maturity | Assets |
---|
UBS Group AG | 4.125% | 04/15/2026 | 2.1% |
Bank of America Corp | 3.593% | 07/21/2028 | 1.6% |
Morgan Stanley | 4.431% | 01/23/2030 | 1.6% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 1.5% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.3% |
BAT Capital Corp | 7.750% | 10/19/2032 | 1.2% |
Centene Corp | 3.375% | 02/15/2030 | 1.1% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 1.1% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 1.0% |
Bank of America Corp | 2.687% | 04/22/2032 | 1.0% |
Regal Rexnord Corp | 6.300% | 02/15/2030 | 0.9% |
Bayer Corp/NJ | 6.650% | 02/15/2028 | 0.9% |
Oracle Corp | 5.375% | 07/15/2040 | 0.9% |
British Airways 2020-1 Class A Pass Through Trust | 4.250% | 05/15/2034 | 0.9% |
Puget Energy Inc | 4.100% | 06/15/2030 | 0.8% |
VICI Properties LP / VICI Note Co Inc | 4.625% | 06/15/2025 | 0.8% |
Macquarie Group Ltd | 4.654% | 03/27/2029 | 0.8% |
Piedmont Natural Gas Co Inc | 2.500% | 03/15/2031 | 0.8% |
IPALCO Enterprises Inc | 4.250% | 05/01/2030 | 0.8% |
Sprint Capital Corp | 8.750% | 03/15/2032 | 0.8% |
Wells Fargo & Co | 2.393% | 06/02/2028 | 0.8% |
AT&T Inc | 3.500% | 09/15/2053 | 0.7% |
LPL Holdings Inc | 4.375% | 05/15/2031 | 0.7% |
Toronto-Dominion Bank/The | 4.456% | 06/08/2032 | 0.7% |
Wells Fargo & Co | 4.897% | 07/25/2033 | 0.7% |
Patterson-UTI Energy Inc | 5.150% | 11/15/2029 | 0.7% |
Crown Castle Inc | 3.300% | 07/01/2030 | 0.7% |
MSCI Inc | 3.625% | 11/01/2031 | 0.7% |
GLP Capital LP / GLP Financing II Inc | 5.750% | 06/01/2028 | 0.7% |
Bank of Montreal | 3.803% | 12/15/2032 | 0.7% |
T-Mobile USA Inc | 3.875% | 04/15/2030 | 0.7% |
Broadcom Inc | 3.469% | 04/15/2034 | 0.7% |
Workday Inc | 3.800% | 04/01/2032 | 0.7% |
Teachers Insurance & Annuity Association of America | 4.900% | 09/15/2044 | 0.7% |
Southwest Gas Corp | 4.050% | 03/15/2032 | 0.6% |
Oracle Corp | 6.125% | 07/08/2039 | 0.6% |
Netflix Inc | 5.375% | 11/15/2029 | 0.6% |
Occidental Petroleum Corp | 8.875% | 07/15/2030 | 0.6% |
Antero Resources Corp | 5.375% | 03/01/2030 | 0.6% |
JPMorgan Chase & Co | 2.963% | 01/25/2033 | 0.6% |
Philip Morris International Inc | 5.625% | 11/17/2029 | 0.6% |
Global Payments Inc | 5.300% | 08/15/2029 | 0.6% |
State of Illinois | 5.100% | 06/01/2033 | 0.6% |
Sprint Capital Corp | 6.875% | 11/15/2028 | 0.6% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.6% |
Pacific Gas and Electric Co | 4.550% | 07/01/2030 | 0.6% |
Aviation Capital Group LLC | 1.950% | 01/30/2026 | 0.6% |
Amgen Inc | 4.875% | 03/01/2053 | 0.6% |
Bank of New York Mellon Corp/The | 4.596% | 07/26/2030 | 0.5% |
NGPL PipeCo LLC | 4.875% | 08/15/2027 | 0.5% |
Eastern Gas Transmission & Storage Inc | 3.000% | 11/15/2029 | 0.5% |
JPMorgan Chase & Co | 4.912% | 07/25/2033 | 0.5% |
AT&T Inc | 5.400% | 02/15/2034 | 0.5% |
Booz Allen Hamilton Inc | 3.875% | 09/01/2028 | 0.5% |
Diamondback Energy Inc | 6.250% | 03/15/2033 | 0.5% |
Avolon Holdings Funding Ltd | 4.250% | 04/15/2026 | 0.5% |
Protective Life Corp | 8.450% | 10/15/2039 | 0.5% |
American Tower Corp | 3.800% | 08/15/2029 | 0.5% |
Avolon Holdings Funding Ltd | 6.375% | 05/04/2028 | 0.5% |
nVent Finance Sarl | 4.550% | 04/15/2028 | 0.5% |
New York Life Insurance Co | 4.450% | 05/15/2069 | 0.5% |
Duquesne Light Holdings Inc | 2.775% | 01/07/2032 | 0.5% |
Transatlantic Holdings Inc | 8.000% | 11/30/2039 | 0.5% |
CVS Health Corp | 4.780% | 03/25/2038 | 0.5% |
NRG Energy Inc | 4.450% | 06/15/2029 | 0.5% |
HCA Inc | 5.500% | 06/01/2033 | 0.5% |
Liberty Utilities Finance GP 1 | 2.050% | 09/15/2030 | 0.5% |
Monongahela Power Co | 5.850% | 02/15/2034 | 0.5% |
EQT Corp | 7.000% | 02/01/2030 | 0.5% |
Ovintiv Inc | 6.625% | 08/15/2037 | 0.5% |
Trimble Inc | 6.100% | 03/15/2033 | 0.5% |
Helmerich & Payne Inc | 2.900% | 09/29/2031 | 0.5% |
Glencore Funding LLC | 6.125% | 10/06/2028 | 0.5% |
Endeavor Energy Resources LP / EER Finance Inc | 5.750% | 01/30/2028 | 0.5% |
US ULTRA BOND CBT Mar24 | 0.000% | 03/28/2024 | 0.5% |
Southern Co/The | 5.700% | 03/15/2034 | 0.5% |
Evergy Metro Inc | 4.950% | 04/15/2033 | 0.5% |
Targa Resources Partners LP / Targa Resources Partners Finance Corp | 4.875% | 02/01/2031 | 0.5% |
Xcel Energy Inc | 5.450% | 08/15/2033 | 0.5% |
Amgen Inc | 5.250% | 03/02/2033 | 0.5% |
Elevance Health Inc | 4.100% | 05/15/2032 | 0.4% |
Royal Bank of Canada | 5.000% | 02/01/2033 | 0.4% |
Celanese US Holdings LLC | 6.350% | 11/15/2028 | 0.4% |
United States Treasury Note/Bond | 4.375% | 08/15/2043 | 0.4% |
Viper Energy Inc | 5.375% | 11/01/2027 | 0.4% |
Citigroup Inc | 6.174% | 05/25/2034 | 0.4% |
Marvell Technology Inc | 5.950% | 09/15/2033 | 0.4% |
Constellation Brands Inc | 3.150% | 08/01/2029 | 0.4% |
UL Solutions Inc | 6.500% | 10/20/2028 | 0.4% |
NOV Inc | 3.600% | 12/01/2029 | 0.4% |
Georgia Power Co | 4.750% | 09/01/2040 | 0.4% |
Arch Capital Group Ltd | 7.350% | 05/01/2034 | 0.4% |
Texas Natural Gas Securitization Finance Corp | 5.169% | 04/01/2041 | 0.4% |
Leidos Inc | 5.750% | 03/15/2033 | 0.4% |
Assurant Inc | 3.700% | 02/22/2030 | 0.4% |
J M Smucker Co/The | 6.500% | 11/15/2053 | 0.4% |
Ovintiv Inc | 6.250% | 07/15/2033 | 0.4% |
Western Alliance Bancorp | 3.000% | 06/15/2031 | 0.4% |
Ohio Edison Co | 8.250% | 10/15/2038 | 0.4% |
Selective Insurance Group Inc | 5.375% | 03/01/2049 | 0.4% |
Jacobs Engineering Group Inc | 5.900% | 03/01/2033 | 0.4% |
Eversource Energy | 5.500% | 01/01/2034 | 0.4% |
American Express Co | 5.043% | 05/01/2034 | 0.4% |
Extra Space Storage LP | 5.400% | 02/01/2034 | 0.4% |
Truist Financial Corp | 5.310% | 06/09/2025 | 0.4% |
Directv Financing LLC / Directv Financing Co-Obligor Inc | 5.875% | 08/15/2027 | 0.4% |
Kinder Morgan Inc | 5.400% | 02/01/2034 | 0.4% |
Morgan Stanley | 6.342% | 10/18/2033 | 0.4% |
Flowserve Corp | 2.800% | 01/15/2032 | 0.4% |
National Fuel Gas Co | 3.950% | 09/15/2027 | 0.4% |
NiSource Inc | 1.700% | 02/15/2031 | 0.4% |
US Bancorp | 4.967% | 07/22/2033 | 0.3% |
Pacific Gas and Electric Co | 6.150% | 01/15/2033 | 0.3% |
F&G Annuities & Life Inc | 7.400% | 01/13/2028 | 0.3% |
American Tower Corp | 5.550% | 07/15/2033 | 0.3% |
Broadcom Inc | 4.150% | 04/15/2032 | 0.3% |
Apache Corp | 4.750% | 04/15/2043 | 0.3% |
East Ohio Gas Co/The | 2.000% | 06/15/2030 | 0.3% |
CVS Health Corp | 3.250% | 08/15/2029 | 0.3% |
Republic Services Inc | 5.000% | 04/01/2034 | 0.3% |
Amazon.com Inc | 4.700% | 12/01/2032 | 0.3% |
Aircastle Ltd | 2.850% | 01/26/2028 | 0.3% |
McCormick & Co Inc/MD | 4.950% | 04/15/2033 | 0.3% |
Eastern Gas Transmission & Storage Inc | 4.600% | 12/15/2044 | 0.3% |
State Street Corp | 4.164% | 08/04/2033 | 0.3% |
Neuberger Berman Group LLC / Neuberger Berman Finance Corp | 4.500% | 03/15/2027 | 0.3% |
Columbia Pipelines Operating Co LLC | 5.927% | 08/15/2030 | 0.3% |
Corebridge Global Funding | 6.644% | 09/25/2026 | 0.3% |
BlackRock Inc | 4.750% | 05/25/2033 | 0.3% |
PNC Financial Services Group Inc/The | 6.875% | 10/20/2034 | 0.3% |
Veralto Corp | 5.450% | 09/18/2033 | 0.3% |
Brown & Brown Inc | 4.200% | 03/17/2032 | 0.3% |
Global Atlantic Fin Co | 7.950% | 06/15/2033 | 0.3% |
Oglethorpe Power Corp | 6.200% | 12/01/2053 | 0.3% |
US Bancorp | 4.839% | 02/01/2034 | 0.3% |
Entergy Texas Inc | 5.800% | 09/01/2053 | 0.3% |
EPR Properties | 4.950% | 04/15/2028 | 0.3% |
Louisville Gas and Electric Co | 5.450% | 04/15/2033 | 0.3% |
DTE Energy Co | 2.950% | 03/01/2030 | 0.3% |
Occidental Petroleum Corp | 6.375% | 09/01/2028 | 0.3% |
Enbridge Inc | 8.500% | 01/15/2084 | 0.3% |
Wells Fargo & Co | 6.491% | 10/23/2034 | 0.3% |
Kinross Gold Corp | 6.250% | 07/15/2033 | 0.3% |
BankUnited Inc | 5.125% | 06/11/2030 | 0.3% |
Constellation Energy Generation LLC | 6.250% | 10/01/2039 | 0.3% |
BAT Capital Corp | 6.343% | 08/02/2030 | 0.3% |
BARCLAYS CAPITAL | 0.010% | 02/01/2024 | 0.3% |
Pacific Gas and Electric Co | 6.700% | 04/01/2053 | 0.3% |
Cox Communications Inc | 5.700% | 06/15/2033 | 0.3% |
Aircastle Ltd | 6.500% | 07/18/2028 | 0.3% |
US LONG BOND(CBT) Mar24 | 0.000% | 03/28/2024 | 0.3% |
Entergy Mississippi LLC | 5.000% | 09/01/2033 | 0.3% |
CVS Health Corp | 5.050% | 03/25/2048 | 0.3% |
Bank of New York Mellon Corp/The | 4.967% | 04/26/2034 | 0.3% |
Columbia Pipeline Group Inc | 4.500% | 06/01/2025 | 0.3% |
Virginia Electric and Power Co | 5.450% | 04/01/2053 | 0.3% |
AT&T Inc | 4.300% | 02/15/2030 | 0.3% |
ITC Holdings Corp | 5.400% | 06/01/2033 | 0.3% |
Duke Energy Corp | 4.500% | 08/15/2032 | 0.3% |
Oklahoma Gas and Electric Co | 5.600% | 04/01/2053 | 0.3% |
Morgan Stanley | 2.239% | 07/21/2032 | 0.3% |
Avangrid Inc | 3.800% | 06/01/2029 | 0.3% |
Petroleos Mexicanos | 6.490% | 01/23/2027 | 0.3% |
Capital One Financial Corp | 6.051% | 02/01/2035 | 0.3% |
RGA Global Funding | 5.500% | 01/11/2031 | 0.3% |
Bank of America Corp | 2.087% | 06/14/2029 | 0.2% |
Aviation Capital Group LLC | 6.375% | 07/15/2030 | 0.2% |
Constellation Energy Generation LLC | 6.500% | 10/01/2053 | 0.2% |
Cargill Inc | 4.000% | 06/22/2032 | 0.2% |
Hyundai Capital America | 6.500% | 01/16/2029 | 0.2% |
FactSet Research Systems Inc | 3.450% | 03/01/2032 | 0.2% |
Humana Inc | 5.875% | 03/01/2033 | 0.2% |
Huntington Ingalls Industries Inc | 2.043% | 08/16/2028 | 0.2% |
Nordson Corp | 5.600% | 09/15/2028 | 0.2% |
NiSource Inc | 5.950% | 06/15/2041 | 0.2% |
National Grid PLC | 5.809% | 06/12/2033 | 0.2% |
MidAmerican Energy Co | 5.350% | 01/15/2034 | 0.2% |
HEICO Corp | 5.350% | 08/01/2033 | 0.2% |
Bank of America Corp | 2.299% | 07/21/2032 | 0.2% |
Gartner Inc | 4.500% | 07/01/2028 | 0.2% |
Neuberger Berman Group LLC / Neuberger Berman Finance Corp | 4.875% | 04/15/2045 | 0.2% |
US Bancorp | 5.678% | 01/23/2035 | 0.2% |
Wells Fargo & Co | 5.389% | 04/24/2034 | 0.2% |
Liberty Utilities Co | 5.869% | 01/31/2034 | 0.2% |
CenterPoint Energy Resources Corp | 5.400% | 03/01/2033 | 0.2% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 0.2% |
Apache Corp | 5.100% | 09/01/2040 | 0.2% |
Leidos Holdings Inc | 5.950% | 12/01/2040 | 0.2% |
L3Harris Technologies Inc | 5.600% | 07/31/2053 | 0.2% |
Viper Energy Inc | 7.375% | 11/01/2031 | 0.2% |
Oglethorpe Power Corp | 5.050% | 10/01/2048 | 0.2% |
Intact Financial Corp | 5.459% | 09/22/2032 | 0.2% |
Oncor Electric Delivery Co LLC | 5.650% | 11/15/2033 | 0.2% |
Constellation Energy Generation LLC | 5.800% | 03/01/2033 | 0.2% |
Evergy Kansas Central Inc | 5.900% | 11/15/2033 | 0.2% |
Virginia Electric and Power Co | 5.350% | 01/15/2054 | 0.2% |
DTE Electric Co | 5.400% | 04/01/2053 | 0.2% |
Oglethorpe Power Corp | 5.950% | 11/01/2039 | 0.2% |
Entegris Inc | 4.750% | 04/15/2029 | 0.2% |
Truist Financial Corp | 5.711% | 01/24/2035 | 0.2% |
Wells Fargo & Co | 3.350% | 03/02/2033 | 0.2% |
EQT Corp | 5.750% | 02/01/2034 | 0.2% |
ServiceNow Inc | 1.400% | 09/01/2030 | 0.2% |
FirstEnergy Transmission LLC | 4.550% | 04/01/2049 | 0.2% |
Elevance Health Inc | 5.500% | 10/15/2032 | 0.2% |
Hyundai Capital America | 5.400% | 01/08/2031 | 0.2% |
Aviation Capital Group LLC | 3.500% | 11/01/2027 | 0.2% |
Atmos Energy Corp | 6.200% | 11/15/2053 | 0.2% |
Dominion Energy South Carolina Inc | 6.250% | 10/15/2053 | 0.2% |
New York Life Global Funding | 4.550% | 01/28/2033 | 0.1% |
MidAmerican Energy Co | 5.850% | 09/15/2054 | 0.1% |
NGPL PipeCo LLC | 3.250% | 07/15/2031 | 0.1% |
Western Midstream Operating LP | 6.350% | 01/15/2029 | 0.1% |
Tapestry Inc | 7.000% | 11/27/2026 | 0.1% |
Wells Fargo & Co | 5.574% | 07/25/2029 | 0.1% |
PacifiCorp | 5.450% | 02/15/2034 | 0.1% |
PacifiCorp | 5.800% | 01/15/2055 | 0.1% |
RTX Corp | 6.400% | 03/15/2054 | 0.1% |
Micron Technology Inc | 5.300% | 01/15/2031 | 0.1% |
Occidental Petroleum Corp | 6.450% | 09/15/2036 | 0.1% |
PNC Financial Services Group Inc/The | 5.676% | 01/22/2035 | 0.1% |
Patterson-UTI Energy Inc | 7.150% | 10/01/2033 | 0.1% |
M&T Bank Corp | 5.053% | 01/27/2034 | 0.1% |
NiSource Inc | 2.950% | 09/01/2029 | 0.1% |
AEP Texas Inc | 5.400% | 06/01/2033 | 0.1% |
Carrier Global Corp | 5.900% | 03/15/2034 | 0.1% |
PacifiCorp | 4.150% | 02/15/2050 | 0.1% |
Carrier Global Corp | 6.200% | 03/15/2054 | 0.1% |
Citizens Financial Group Inc | 5.841% | 01/23/2030 | 0.1% |
NUTRITION BIOSCIENCES INC | 0.071% | 02/01/2024 | 0.0% |
US 2YR NOTE (CBT) Mar24 | 0.000% | 04/03/2024 | 0.0% |
US 5YR NOTE (CBT) Mar24 | 0.000% | 04/03/2024 | 0.0% |
Credit Index Swap | 1.000% | 12/20/2028 | 0.0% |
US 10YR NOTE (CBT)Mar24 | 0.000% | 03/28/2024 | -0.4% |
US 10yr Ultra Fut Mar24 | 0.000% | 03/28/2024 | -0.4% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 03/18/2024
- $0.06505
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 02/29/2024 | $0.03210 | $8.30 |
Daily | Daily | 01/31/2024 | $0.03295 | $8.43 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 03/19/2024 |
Daily | Daily | 04/30/2024 |
Daily | Daily | 05/31/2024 |
Daily | Daily | 06/30/2024 |
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 |
---|---|---|---|---|---|
12/16/2021 | 12/17/2021 | $0.1839 | - | $0.1839 | $10.20 |
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 03/18/2024
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $8.49 |
$100,000 to $249,999 | 1.75% | 1.50% | $8.45 |
$250,000 to $499,999 | 1.25% | 1.00% | $8.41 |
Greater than $500,000 | 0.00% | 1.00% | $8.30 |
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.
EXPENSE RATIOas of 02/29/2024
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
3.85% | 0.68% |
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 03/31/2024. 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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Summary Prospectus
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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