Corporate Bond Fund
Daily price w/o sales charge as of 01/26/2023
$8.50
$0.00
YTD Returns w/o sales charge as of 01/26/2023
4.08%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Dividend Yield as of 01/26/2023
Subsidized | Un-Subsidized | |
---|---|---|
w/o sales charge | 4.08% | 2.09% |
w/ sales charge | 3.98% | 2.04% |
Subsidized | Un-Subsidized | |
---|---|---|
w/o sales charge | 4.65% | 1.34% |
Average Yield to Worst as of 12/30/2022 |
5.7% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
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.
Expense Ratioas of 12/31/2022
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 03/31/2023. 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 Basicsas of 12/30/2022
- Total Net Assets
- $6.81 M
- Inception Date
- 04/20/2017
- Dividend Frequency
- Monthly (Daily Accrual)
- Number of Holdings
- 156
- Minimum Initial Investment
- $1,500+
Type | Assets |
---|---|
Investment Grade Corporate | |
U.S. Government Related | |
High Yield Corporate | |
Bank Loans | |
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 12/30/2022 View Portfolio
Rating | Assets |
---|---|
U.S. Treasury | |
AA | |
A | |
BBB | |
<BBB | |
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 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




Your Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Dividend Yield 1 as of 01/26/2023
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 4.08% | 2.09% |
w/ sales charge | 3.98% | 2.04% |
30-Day Standardized Yield 2 as of 12/31/2022
Subsidized5 | Un-Subsidized6 | |
---|---|---|
w/o sales charge | 4.65% | 1.34% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 2.67%
Net 0.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | -16.42% | -16.42% | -2.94% | 0.05% | - | 0.72% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | -15.74% | -15.74% | -2.86% | 0.19% | - | - |
Bloomberg US Corp Investment Grade Index | -15.76% | -15.76% | -2.88% | 0.45% | - | 1.04% |
w/ sales charge | -18.27% | -18.27% | -3.68% | -0.40% | - | 0.32% |
Fund Expense Ratio :
Gross 2.67%
Net 0.68%
Fund Expense Ratio :
Gross 2.67%
Net 0.68%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 04/19/2017 |
---|
w/o sales charge | -16.42% | -16.42% | -2.94% | 0.05% | - | 0.72% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | -15.74% | -15.74% | -2.86% | 0.19% | - | - |
Bloomberg US Corp Investment Grade Index | -15.76% | -15.76% | -2.88% | 0.45% | - | 1.04% |
w/ sales charge | -18.27% | -18.27% | -3.68% | -0.40% | - | 0.32% |
Fund Expense Ratio :
Gross 2.67%
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 |
---|
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 | Yearly Returns |
---|
2023 | - | - | - | - | 4.08% |
2022 | -7.47% | -7.68% | -5.07% | 3.06% | -16.42% |
2021 | -3.96% | 3.73% | 0.25% | 0.16% | 0.04% |
2020 | -6.23% | 10.22% | 2.14% | 3.61% | 9.37% |
2019 | 4.57% | 3.99% | 2.74% | 1.09% | 12.95% |
2018 | -2.00% | -1.22% | 0.75% | -0.48% | -2.94% |
2017 | - | - | 1.40% | 1.35% | 3.93% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
GROWTH OF $10,000 as of 07/31/2021
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 | |
Bank Loans | |
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 12/30/2022
Rating | Assets |
---|---|
U.S. Treasury | |
AA | |
A | |
BBB | |
<BBB | |
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 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 12/30/2022
- Total Net Assets
- $6.81 M
- Number of Issues
- 156
- Average Coupon
- 4.23%
- Average Life
- 9.94 Years
- Average Effective Duration
- 7.06 Years
- Average Yield to Worst
- 5.7%
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.
Modified Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates. Duration is expressed as a number of years, and generally, the larger a portfolio’s duration, the greater the interest-rate risk or reward for underlying bond prices. Where applicable, securities, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs and ADRs and 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.
Holding | Coupon | Maturity | Assets |
---|
Bank of America Corp | 3.593% | 07/21/2028 | 2.6% |
Morgan Stanley | 4.431% | 01/23/2030 | 2.0% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.8% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 1.7% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 1.6% |
AbbVie Inc | 3.200% | 11/21/2029 | 1.5% |
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 4.700% | 02/01/2036 | 1.4% |
Macquarie Group Ltd | 4.654% | 03/27/2029 | 1.4% |
United States Treasury Note/Bond | 3.000% | 08/15/2052 | 1.4% |
Southwestern Energy Co | 7.041% | 06/22/2027 | 1.4% |
Holding | Coupon | Maturity | Assets |
---|
Bank of America Corp | 3.593% | 07/21/2028 | 2.9% |
Morgan Stanley | 4.431% | 01/23/2030 | 2.1% |
Southwestern Energy Co | 6.203% | 06/22/2027 | 2.0% |
Citigroup Inc | 3.668% | 07/24/2028 | 1.8% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 1.7% |
Macquarie Group Ltd | 4.654% | 03/27/2029 | 1.6% |
AbbVie Inc | 3.200% | 11/21/2029 | 1.5% |
British Airways 2020-1 Class A Pass Through Trust | 4.250% | 05/15/2034 | 1.4% |
Wells Fargo & Co | 2.393% | 06/02/2028 | 1.4% |
Charter Communications Operating LLC / Charter Communications Operating Capital | 6.484% | 10/23/2045 | 1.3% |
Broadcom Inc | 4.150% | 04/15/2032 | 1.3% |
T-Mobile USA Inc | 3.875% | 04/15/2030 | 1.2% |
Bank of Montreal | 3.803% | 12/15/2032 | 1.2% |
Piedmont Natural Gas Co Inc | 2.500% | 03/15/2031 | 1.1% |
Bayer Corp | 6.650% | 02/15/2028 | 1.1% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 1.0% |
Toronto-Dominion Bank/The | 4.456% | 06/08/2032 | 1.0% |
Cigna Corp | 6.125% | 11/15/2041 | 1.0% |
VICI Properties LP / VICI Note Co Inc | 4.625% | 06/15/2025 | 1.0% |
CVS Health Corp | 3.250% | 08/15/2029 | 1.0% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.0% |
EPR Properties | 4.950% | 04/15/2028 | 1.0% |
Westpac Banking Corp | 4.110% | 07/24/2034 | 0.9% |
Eni USA Inc | 7.300% | 11/15/2027 | 0.9% |
Crown Castle Inc | 3.300% | 07/01/2030 | 0.9% |
Pacific Gas and Electric Co | 4.550% | 07/01/2030 | 0.9% |
American Airlines 2021-1 Class A Pass Through Trust | 2.875% | 01/11/2036 | 0.9% |
Oracle Corp | 5.375% | 07/15/2040 | 0.9% |
Goldman Sachs Group Inc/The | 6.750% | 10/01/2037 | 0.9% |
Oracle Corp | 6.125% | 07/08/2039 | 0.9% |
US 10YR NOTE (CBT)Dec22 | 0.000% | 12/30/2022 | 0.8% |
Puget Energy Inc | 4.100% | 06/15/2030 | 0.8% |
National Fuel Gas Co | 3.950% | 09/15/2027 | 0.8% |
New York Life Insurance Co | 4.450% | 05/15/2069 | 0.8% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.8% |
Aviation Capital Group LLC | 1.950% | 01/30/2026 | 0.8% |
EQT Corp | 7.000% | 02/01/2030 | 0.8% |
Bank of America Corp | 2.687% | 04/22/2032 | 0.8% |
Ally Financial Inc | 8.000% | 11/01/2031 | 0.8% |
nVent Finance Sarl | 4.550% | 04/15/2028 | 0.8% |
Fluor Corp | 4.250% | 09/15/2028 | 0.7% |
GLP Capital LP / GLP Financing II Inc | 5.750% | 06/01/2028 | 0.7% |
NOV Inc | 3.600% | 12/01/2029 | 0.7% |
NGPL PipeCo LLC | 4.875% | 08/15/2027 | 0.7% |
Southwest Gas Corp | 4.050% | 03/15/2032 | 0.7% |
Wells Fargo & Co | 4.897% | 07/25/2033 | 0.7% |
Georgia Power Co | 4.750% | 09/01/2040 | 0.7% |
Intercontinental Exchange Inc | 4.350% | 06/15/2029 | 0.7% |
Qorvo Inc | 4.375% | 10/15/2029 | 0.7% |
ServiceNow Inc | 1.400% | 09/01/2030 | 0.7% |
Cigna Corp | 4.375% | 10/15/2028 | 0.7% |
Netflix Inc | 5.375% | 11/15/2029 | 0.7% |
Workday Inc | 3.800% | 04/01/2032 | 0.7% |
Protective Life Corp | 8.450% | 10/15/2039 | 0.7% |
Elevance Health Inc | 4.100% | 05/15/2032 | 0.7% |
JPMorgan Chase & Co | 2.963% | 01/25/2033 | 0.7% |
Ovintiv Inc | 6.625% | 08/15/2037 | 0.7% |
Bank of New York Mellon Corp/The | 4.596% | 07/26/2030 | 0.7% |
United States Treasury Note/Bond | 2.875% | 05/15/2052 | 0.7% |
SVB Financial Group | 1.800% | 02/02/2031 | 0.7% |
State of Illinois | 5.100% | 06/01/2033 | 0.7% |
NRG Energy Inc | 4.450% | 06/15/2029 | 0.7% |
Westpac Banking Corp | 4.322% | 11/23/2031 | 0.6% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 0.6% |
Viper Energy Partners LP | 5.375% | 11/01/2027 | 0.6% |
Glencore Finance Canada Ltd | 5.550% | 10/25/2042 | 0.6% |
Cargill Inc | 4.000% | 06/22/2032 | 0.6% |
Duquesne Light Holdings Inc | 2.775% | 01/07/2032 | 0.6% |
Flowserve Corp | 2.800% | 01/15/2032 | 0.6% |
Western Alliance Bancorp | 3.000% | 06/15/2031 | 0.6% |
Ohio Edison Co | 8.250% | 10/15/2038 | 0.6% |
IPALCO Enterprises Inc | 4.250% | 05/01/2030 | 0.6% |
Assurant Inc | 3.700% | 02/22/2030 | 0.6% |
Home Depot Inc/The | 4.500% | 09/15/2032 | 0.6% |
Selective Insurance Group Inc | 5.375% | 03/01/2049 | 0.6% |
CNO Financial Group Inc | 5.250% | 05/30/2029 | 0.6% |
Lowe's Cos Inc | 5.000% | 04/15/2033 | 0.6% |
Hyatt Hotels Corp | 1.300% | 10/01/2023 | 0.5% |
Dell International LLC / EMC Corp | 5.300% | 10/01/2029 | 0.5% |
NextEra Energy Capital Holdings Inc | 5.000% | 07/15/2032 | 0.5% |
Transatlantic Holdings Inc | 8.000% | 11/30/2039 | 0.5% |
FactSet Research Systems Inc | 3.450% | 03/01/2032 | 0.5% |
NiSource Inc | 5.950% | 06/15/2041 | 0.5% |
Teachers Insurance & Annuity Association of America | 4.900% | 09/15/2044 | 0.5% |
Eastern Gas Transmission & Storage Inc | 4.600% | 12/15/2044 | 0.5% |
Diamondback Energy Inc | 3.125% | 03/24/2031 | 0.5% |
CoStar Group Inc | 2.800% | 07/15/2030 | 0.5% |
Amgen Inc | 4.050% | 08/18/2029 | 0.5% |
Narragansett Electric Co/The | 3.395% | 04/09/2030 | 0.5% |
Halliburton Co | 7.450% | 09/15/2039 | 0.5% |
BankUnited Inc | 5.125% | 06/11/2030 | 0.5% |
Sprint Capital Corp | 6.875% | 11/15/2028 | 0.4% |
Eastern Gas Transmission & Storage Inc | 3.000% | 11/15/2029 | 0.4% |
US 10yr Ultra Fut Dec22 | 0.000% | 12/30/2022 | 0.4% |
Suncor Energy Inc | 7.875% | 06/15/2026 | 0.4% |
DTE Energy Co | 2.950% | 03/01/2030 | 0.4% |
First American Financial Corp | 2.400% | 08/15/2031 | 0.4% |
Oglethorpe Power Corp | 5.950% | 11/01/2039 | 0.4% |
Invitation Homes Operating Partnership LP | 2.000% | 08/15/2031 | 0.4% |
Morgan Stanley | 2.484% | 09/16/2036 | 0.4% |
American Express Co | 4.989% | 05/26/2033 | 0.4% |
American Homes 4 Rent LP | 4.900% | 02/15/2029 | 0.4% |
UnitedHealth Group Inc | 4.200% | 05/15/2032 | 0.4% |
United States Treasury Inflation Indexed Bonds | 0.125% | 02/15/2052 | 0.4% |
Humana Inc | 3.125% | 08/15/2029 | 0.4% |
Tampa Electric Co | 5.000% | 07/15/2052 | 0.4% |
FedEx Corp | 4.250% | 05/15/2030 | 0.4% |
Fidelity National Information Services Inc | 5.100% | 07/15/2032 | 0.4% |
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 4.700% | 02/01/2036 | 0.4% |
Global Payments Inc | 5.300% | 08/15/2029 | 0.4% |
Aircastle Ltd | 2.850% | 01/26/2028 | 0.4% |
US Bancorp | 4.967% | 07/22/2033 | 0.4% |
Antero Resources Corp | 5.375% | 03/01/2030 | 0.4% |
Comcast Corp | 3.250% | 11/01/2039 | 0.4% |
NSTAR Electric Co | 4.550% | 06/01/2052 | 0.4% |
ONE Gas Inc | 4.250% | 09/01/2032 | 0.4% |
McDonald's Corp | 4.600% | 09/09/2032 | 0.4% |
Becton Dickinson and Co | 4.298% | 08/22/2032 | 0.4% |
State Street Corp | 4.164% | 08/04/2033 | 0.4% |
AEP Transmission Co LLC | 4.500% | 06/15/2052 | 0.4% |
Brown & Brown Inc | 4.200% | 03/17/2032 | 0.4% |
Securian Financial Group Inc | 4.800% | 04/15/2048 | 0.4% |
Gilead Sciences Inc | 4.000% | 09/01/2036 | 0.4% |
Cleco Power LLC | 6.000% | 12/01/2040 | 0.3% |
American Express Co | 4.420% | 08/03/2033 | 0.3% |
Leidos Holdings Inc | 5.950% | 12/01/2040 | 0.3% |
Centene Corp | 3.375% | 02/15/2030 | 0.3% |
Aviation Capital Group LLC | 3.500% | 11/01/2027 | 0.3% |
CVS Health Corp | 4.780% | 03/25/2038 | 0.3% |
Intact Financial Corp | 5.459% | 09/22/2032 | 0.3% |
Huntington Bancshares Inc/OH | 2.487% | 08/15/2036 | 0.3% |
Oncor Electric Delivery Co LLC | 4.550% | 09/15/2032 | 0.3% |
National Fuel Gas Co | 7.395% | 03/30/2023 | 0.3% |
Triton Container International Ltd / TAL International Container Corp | 3.250% | 03/15/2032 | 0.3% |
Oglethorpe Power Corp | 5.050% | 10/01/2048 | 0.3% |
Patterson-UTI Energy Inc | 5.150% | 11/15/2029 | 0.2% |
Wells Fargo & Co | 3.350% | 03/02/2033 | 0.2% |
Bank of America Corp | 4.571% | 04/27/2033 | 0.2% |
Toll Brothers Finance Corp | 3.800% | 11/01/2029 | 0.2% |
Baltimore Gas and Electric Co | 4.550% | 06/01/2052 | 0.2% |
Constellation Energy Generation LLC | 6.250% | 10/01/2039 | 0.2% |
Ameren Illinois Co | 3.850% | 09/01/2032 | 0.2% |
Consumers Energy Co | 4.200% | 09/01/2052 | 0.2% |
Endeavor Energy Resources LP / EER Finance Inc | 5.750% | 01/30/2028 | 0.2% |
Dell International LLC / EMC Corp | 8.350% | 07/15/2046 | 0.2% |
Advanced Micro Devices Inc | 3.924% | 06/01/2032 | 0.2% |
AbbVie Inc | 4.500% | 05/14/2035 | 0.2% |
CF Industries Inc | 5.150% | 03/15/2034 | 0.2% |
AES Corp/The | 2.450% | 01/15/2031 | 0.2% |
CF Industries Inc | 5.375% | 03/15/2044 | 0.2% |
Duke Energy Corp | 4.500% | 08/15/2032 | 0.2% |
Take-Two Interactive Software Inc | 4.000% | 04/14/2032 | 0.2% |
CNO Financial Group Inc | 5.250% | 05/30/2025 | 0.2% |
Invitation Homes Operating Partnership LP | 2.300% | 11/15/2028 | 0.2% |
Advanced Micro Devices Inc | 4.393% | 06/01/2052 | 0.2% |
Dell International LLC / EMC Corp | 3.375% | 12/15/2041 | 0.2% |
Toll Brothers Finance Corp | 4.875% | 03/15/2027 | 0.2% |
Elevance Health Inc | 4.550% | 05/15/2052 | 0.1% |
FirstEnergy Transmission LLC | 4.550% | 04/01/2049 | 0.1% |
NUTRITION BIOSCIENCES INC | 0.041% | 01/17/2023 | 0.1% |
Bank of America Corp | 2.482% | 09/21/2036 | 0.1% |
US LONG BOND(CBT) Dec22 | 0.000% | 12/30/2022 | 0.0% |
US 5YR NOTE (CBT) Dec22 | 0.000% | 01/05/2023 | 0.0% |
US 2YR NOTE (CBT) Dec22 | 0.000% | 01/05/2023 | -0.2% |
US ULTRA BOND CBT Dec22 | 0.000% | 12/30/2022 | -0.9% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 01/26/2023
- $0
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 12/31/2022 | $0.02887 | $8.19 |
Daily | Daily | 11/30/2022 | $0.02812 | $8.26 |
Daily | Daily | 10/31/2022 | $0.02781 | $7.93 |
Daily | Daily | 09/30/2022 | $0.02720 | $8.03 |
Daily | Daily | 08/31/2022 | $0.02688 | $8.49 |
Daily | Daily | 07/31/2022 | $0.02671 | $8.76 |
Daily | Daily | 06/30/2022 | $0.02581 | $8.54 |
Daily | Daily | 05/31/2022 | $0.02445 | $8.81 |
Daily | Daily | 04/30/2022 | $0.02472 | $8.83 |
Daily | Daily | 03/31/2022 | $0.02377 | $9.33 |
Daily | Daily | 02/28/2022 | $0.02517 | $9.64 |
Daily | Daily | 01/31/2022 | $0.02395 | $9.85 |
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 | 01/31/2023 |
Daily | Daily | 02/28/2023 |
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 |
---|---|---|---|---|---|
12/16/2021 | 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 01/26/2023
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $8.70 |
$100,000 to $249,999 | 1.75% | 1.50% | $8.65 |
$250,000 to $499,999 | 1.25% | 1.00% | $8.61 |
$500,000 to $999,999 | 0.00% | 1.00% | $8.50 |
$1,000,000 to $5,000,000 | 0.00% | 1.00% | $8.50 |
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 12/31/2022
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 03/31/2023. 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
|
Order | ||||
---|---|---|---|---|---|
n/a |
Portfolio Holdings 1Q
Publish Date:11/03/2015
|
||||
n/a |
Portfolio Holdings 3Q
Publish Date:11/03/2015
|
||||
Summary Prospectus
Publish Date:11/03/2015
|
|||||
n/a |
Statutory Prospectus
Publish Date:11/03/2015
|
||||
SAI
Publish Date:11/03/2015
|
|||||
Annual Report
Publish Date:11/03/2015
|
|||||
Semi-Annual Report
Publish Date:11/03/2015
|
|||||
Fact Sheet
Publish Date:11/03/2015
|