Corporate Bond Fund
Daily price w/o sales charge as of 12/05/2023
$8.24
$0.05
YTD Returns w/o sales charge as of 12/05/2023
4.87%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Maturity as of 10/31/2023 |
6.70% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 5.22% | 2.48% |
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 10/31/2023
- Total Net Assets
- $7.99 M
- Inception Date
- 04/20/2017
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 3.85%
- Fund Net Expense Ratio
- 0.68%
- Number of Holdings
- 233
- Minimum Initial Investment
- $1,500+
Type | Assets |
---|---|
Investment Grade Corporate | |
Bank Loans | |
High Yield Corporate | |
U.S. Government Related | |
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 10/31/2023 View Portfolio
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
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.
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Performance
Performance
Average Yield to Maturity as of 10/31/2023
30-Day Standardized Yield 1 as of 11/30/2023
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 5.22% | 2.48% |
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 | 3.52% | 3.00% | -4.48% | 1.62% | - | 1.15% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | - | - | - | - | - | - |
Bloomberg US Corp Investment Grade Index | 4.01% | 3.55% | -4.51% | 2.06% | - | 1.50% |
w/ sales charge | 1.17% | 0.69% | -5.21% | 1.16% | - | 0.80% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
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 | -0.10% | 2.95% | -4.71% | 0.53% | - | 0.62% |
Lipper Category Avg. Corporate Debt Funds BBB-Rated | -0.13% | 2.75% | -5.10% | 0.61% | - | - |
Bloomberg US Corp Investment Grade Index | 0.02% | 3.65% | -4.93% | 0.93% | - | 0.93% |
w/ sales charge | -2.37% | 0.70% | -5.42% | 0.07% | - | 0.27% |
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 |
---|
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 | 3.50% | -0.61% | -2.89% | - | 4.87% |
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 11/30/2023
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 | |
Bank Loans | |
High Yield Corporate | |
U.S. Government Related | |
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 10/31/2023
Rating | Assets |
---|---|
U.S. Treasury | |
AAA | |
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 10/31/2023
- Total Net Assets
- $7.99 M
- Average Effective Duration
- 6.48 Years
- Average Life
- 8.78 Years
- Number of Issues
- 233
- Average Yield to Maturity
- 6.70%
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 |
---|
UBS Group AG | 4.125% | 04/15/2026 | 2.4% |
Bank of America Corp | 3.593% | 07/21/2028 | 1.8% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 1.5% |
Morgan Stanley | 4.431% | 01/23/2030 | 1.5% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.4% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 1.1% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 1.1% |
BAT Capital Corp | 7.750% | 10/19/2032 | 1.1% |
Centene Corp | 3.375% | 02/15/2030 | 1.0% |
Bayer Corp/NJ | 6.650% | 02/15/2028 | 1.0% |
Holding | Coupon | Maturity | Assets |
---|
UBS Group AG | 4.125% | 04/15/2026 | 2.4% |
Bank of America Corp | 3.593% | 07/21/2028 | 1.8% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 1.5% |
Morgan Stanley | 4.431% | 01/23/2030 | 1.5% |
Citigroup Inc | 2.561% | 05/01/2032 | 1.4% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 1.1% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 1.1% |
BAT Capital Corp | 7.750% | 10/19/2032 | 1.1% |
Centene Corp | 3.375% | 02/15/2030 | 1.0% |
Bayer Corp/NJ | 6.650% | 02/15/2028 | 1.0% |
British Airways 2020-1 Class A Pass Through Trust | 4.250% | 05/15/2034 | 1.0% |
VICI Properties LP / VICI Note Co Inc | 4.625% | 06/15/2025 | 0.9% |
Charter Communications Operating LLC | 7.074% | 02/01/2027 | 0.9% |
Oracle Corp | 5.375% | 07/15/2040 | 0.9% |
Macquarie Group Ltd | 4.654% | 03/27/2029 | 0.9% |
Toronto-Dominion Bank/The | 4.456% | 06/08/2032 | 0.8% |
Regal Rexnord Corp | 6.300% | 02/15/2030 | 0.8% |
Wells Fargo & Co | 2.393% | 06/02/2028 | 0.8% |
United States Treasury Note/Bond | 4.375% | 08/15/2043 | 0.8% |
GLP Capital LP / GLP Financing II Inc | 5.750% | 06/01/2028 | 0.8% |
Crown Castle Inc | 3.300% | 07/01/2030 | 0.8% |
Wells Fargo & Co | 4.897% | 07/25/2033 | 0.8% |
Puget Energy Inc | 4.100% | 06/15/2030 | 0.8% |
Bank of Montreal | 3.803% | 12/15/2032 | 0.7% |
IPALCO Enterprises Inc | 4.250% | 05/01/2030 | 0.7% |
Occidental Petroleum Corp | 8.875% | 07/15/2030 | 0.7% |
T-Mobile USA Inc | 3.875% | 04/15/2030 | 0.7% |
Netflix Inc | 5.375% | 11/15/2029 | 0.7% |
Bank of America Corp | 2.687% | 04/22/2032 | 0.7% |
LPL Holdings Inc | 4.375% | 05/15/2031 | 0.7% |
Amgen Inc | 4.050% | 08/18/2029 | 0.7% |
Antero Resources Corp | 5.375% | 03/01/2030 | 0.7% |
Patterson-UTI Energy Inc | 5.150% | 11/15/2029 | 0.7% |
Workday Inc | 3.800% | 04/01/2032 | 0.7% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.7% |
Southwest Gas Corp | 4.050% | 03/15/2032 | 0.7% |
Broadcom Inc | 3.469% | 04/15/2034 | 0.7% |
Philip Morris International Inc | 5.625% | 11/17/2029 | 0.7% |
Sprint Capital Corp | 6.875% | 11/15/2028 | 0.7% |
State of Illinois | 5.100% | 06/01/2033 | 0.7% |
Teachers Insurance & Annuity Association of America | 4.900% | 09/15/2044 | 0.6% |
Global Payments Inc | 5.300% | 08/15/2029 | 0.6% |
JPMorgan Chase & Co | 2.963% | 01/25/2033 | 0.6% |
Aviation Capital Group LLC | 1.950% | 01/30/2026 | 0.6% |
Pacific Gas and Electric Co | 4.550% | 07/01/2030 | 0.6% |
Sprint Capital Corp | 8.750% | 03/15/2032 | 0.6% |
MSCI Inc | 3.625% | 11/01/2031 | 0.6% |
United States Treasury Note/Bond | 1.125% | 08/15/2040 | 0.6% |
Bank of New York Mellon Corp/The | 4.596% | 07/26/2030 | 0.6% |
NGPL PipeCo LLC | 4.875% | 08/15/2027 | 0.6% |
Eastern Gas Transmission & Storage Inc | 3.000% | 11/15/2029 | 0.6% |
Avolon Holdings Funding Ltd | 4.250% | 04/15/2026 | 0.6% |
US 10YR NOTE (CBT)Dec23 | 0.000% | 12/29/2023 | 0.6% |
Piedmont Natural Gas Co Inc | 2.500% | 03/15/2031 | 0.6% |
Booz Allen Hamilton Inc | 3.875% | 09/01/2028 | 0.6% |
JPMorgan Chase & Co | 4.912% | 07/25/2033 | 0.6% |
Diamondback Energy Inc | 6.250% | 03/15/2033 | 0.6% |
nVent Finance Sarl | 4.550% | 04/15/2028 | 0.6% |
American Tower Corp | 3.800% | 08/15/2029 | 0.6% |
AT&T Inc | 5.400% | 02/15/2034 | 0.5% |
Amgen Inc | 4.875% | 03/01/2053 | 0.5% |
NRG Energy Inc | 4.450% | 06/15/2029 | 0.5% |
Oracle Corp | 6.125% | 07/08/2039 | 0.5% |
Protective Life Corp | 8.450% | 10/15/2039 | 0.5% |
HCA Inc | 5.500% | 06/01/2033 | 0.5% |
Liberty Utilities Finance GP 1 | 2.050% | 09/15/2030 | 0.5% |
AT&T Inc | 3.500% | 09/15/2053 | 0.5% |
EQT Corp | 7.000% | 02/01/2030 | 0.5% |
Transatlantic Holdings Inc | 8.000% | 11/30/2039 | 0.5% |
Monongahela Power Co | 5.850% | 02/15/2034 | 0.5% |
Delos Aircraft Leasing DAC | 7.402% | 10/31/2027 | 0.5% |
Setanta Aircraft Leasing DAC | 7.652% | 11/05/2028 | 0.5% |
KFC Holding Co | 7.199% | 03/15/2028 | 0.5% |
Wyndham Hotels & Resorts Inc | 7.174% | 04/08/2027 | 0.5% |
Viper Energy Partners LP | 5.375% | 11/01/2027 | 0.5% |
New York Life Insurance Co | 4.450% | 05/15/2069 | 0.5% |
Helmerich & Payne Inc | 2.900% | 09/29/2031 | 0.5% |
Halliburton Co | 7.450% | 09/15/2039 | 0.5% |
Trimble Inc | 6.100% | 03/15/2033 | 0.5% |
Evergy Metro Inc | 4.950% | 04/15/2033 | 0.5% |
Southern Co/The | 5.700% | 03/15/2034 | 0.5% |
Ovintiv Inc | 6.625% | 08/15/2037 | 0.5% |
Elevance Health Inc | 4.100% | 05/15/2032 | 0.5% |
Xcel Energy Inc | 5.450% | 08/15/2033 | 0.5% |
Amgen Inc | 5.250% | 03/02/2033 | 0.5% |
Celanese US Holdings LLC | 6.350% | 11/15/2028 | 0.5% |
Endeavor Energy Resources LP / EER Finance Inc | 5.750% | 01/30/2028 | 0.5% |
Diamondback Energy Inc | 3.125% | 03/24/2031 | 0.5% |
Royal Bank of Canada | 5.000% | 02/01/2033 | 0.5% |
Citigroup Inc | 6.174% | 05/25/2034 | 0.4% |
NOV Inc | 3.600% | 12/01/2029 | 0.4% |
Hilton Worldwide Finance LLC | 7.174% | 06/22/2026 | 0.4% |
Constellation Brands Inc | 3.150% | 08/01/2029 | 0.4% |
CVS Health Corp | 3.250% | 08/15/2029 | 0.4% |
UL Solutions Inc | 6.500% | 10/20/2028 | 0.4% |
Truist Financial Corp | 5.310% | 06/09/2025 | 0.4% |
Ovintiv Inc | 6.250% | 07/15/2033 | 0.4% |
Cargill Inc | 4.000% | 06/22/2032 | 0.4% |
Marvell Technology Inc | 5.950% | 09/15/2033 | 0.4% |
Assurant Inc | 3.700% | 02/22/2030 | 0.4% |
Texas Natural Gas Securitization Finance Corp | 5.169% | 04/01/2041 | 0.4% |
CVS Health Corp | 4.780% | 03/25/2038 | 0.4% |
American Express Co | 5.043% | 05/01/2034 | 0.4% |
Georgia Power Co | 4.750% | 09/01/2040 | 0.4% |
Ohio Edison Co | 8.250% | 10/15/2038 | 0.4% |
AbbVie Inc | 3.200% | 11/21/2029 | 0.4% |
Jacobs Engineering Group Inc | 5.900% | 03/01/2033 | 0.4% |
F&G Annuities & Life Inc | 7.400% | 01/13/2028 | 0.4% |
Western Alliance Bancorp | 3.000% | 06/15/2031 | 0.4% |
National Fuel Gas Co | 3.950% | 09/15/2027 | 0.4% |
US 10yr Ultra Fut Dec23 | 0.000% | 12/29/2023 | 0.4% |
Morgan Stanley | 6.342% | 10/18/2033 | 0.4% |
Buckeye Partners LP | 7.666% | 11/01/2026 | 0.4% |
J.P. MORGAN SECURITIES LIMITED | 0.010% | 11/01/2023 | 0.4% |
Avolon Holdings Funding Ltd | 6.375% | 05/04/2028 | 0.4% |
Flowserve Corp | 2.800% | 01/15/2032 | 0.4% |
Selective Insurance Group Inc | 5.375% | 03/01/2049 | 0.4% |
NiSource Inc | 1.700% | 02/15/2031 | 0.4% |
US Bancorp | 4.967% | 07/22/2033 | 0.4% |
Amazon.com Inc | 4.700% | 12/01/2032 | 0.4% |
Aircastle Ltd | 2.850% | 01/26/2028 | 0.4% |
East Ohio Gas Co/The | 2.000% | 06/15/2030 | 0.4% |
Corebridge Global Funding | 6.623% | 09/25/2026 | 0.4% |
Neuberger Berman Group LLC / Neuberger Berman Finance Corp | 4.500% | 03/15/2027 | 0.4% |
Broadcom Inc | 4.150% | 04/15/2032 | 0.4% |
Duquesne Light Holdings Inc | 2.775% | 01/07/2032 | 0.3% |
Republic Services Inc | 5.000% | 04/01/2034 | 0.3% |
Cigna Group/The | 6.125% | 11/15/2041 | 0.3% |
Apache Corp | 4.750% | 04/15/2043 | 0.3% |
McCormick & Co Inc/MD | 4.950% | 04/15/2033 | 0.3% |
Charter Communications Operating LLC | 7.074% | 04/30/2025 | 0.3% |
Eastern Gas Transmission & Storage Inc | 4.600% | 12/15/2044 | 0.3% |
State Street Corp | 4.164% | 08/04/2033 | 0.3% |
ServiceNow Inc | 1.400% | 09/01/2030 | 0.3% |
BlackRock Inc | 4.750% | 05/25/2033 | 0.3% |
Oklahoma Gas and Electric Co | 5.400% | 01/15/2033 | 0.3% |
Occidental Petroleum Corp | 6.375% | 09/01/2028 | 0.3% |
Veralto Corp | 5.450% | 09/18/2033 | 0.3% |
Brown & Brown Inc | 4.200% | 03/17/2032 | 0.3% |
Truist Financial Corp | 7.161% | 10/30/2029 | 0.3% |
Alexander Funding Trust | 1.841% | 11/15/2023 | 0.3% |
PNC Financial Services Group Inc/The | 6.875% | 10/20/2034 | 0.3% |
Louisville Gas and Electric Co | 5.450% | 04/15/2033 | 0.3% |
Columbia Pipeline Group Inc | 4.500% | 06/01/2025 | 0.3% |
DTE Energy Co | 2.950% | 03/01/2030 | 0.3% |
Aircastle Ltd | 6.500% | 07/18/2028 | 0.3% |
EPR Properties | 4.950% | 04/15/2028 | 0.3% |
Kinross Gold Corp | 6.250% | 07/15/2033 | 0.3% |
Cox Communications Inc | 5.700% | 06/15/2033 | 0.3% |
Wells Fargo & Co | 6.491% | 10/23/2034 | 0.3% |
J M Smucker Co/The | 6.500% | 11/15/2053 | 0.3% |
Humana Inc | 5.875% | 03/01/2033 | 0.3% |
Pacific Gas and Electric Co | 6.150% | 01/15/2033 | 0.3% |
Morgan Stanley | 2.484% | 09/16/2036 | 0.3% |
Entergy Mississippi LLC | 5.000% | 09/01/2033 | 0.3% |
American Express Co | 4.989% | 05/26/2033 | 0.3% |
ITC Holdings Corp | 5.400% | 06/01/2033 | 0.3% |
BankUnited Inc | 5.125% | 06/11/2030 | 0.3% |
Entergy Texas Inc | 5.800% | 09/01/2053 | 0.3% |
AT&T Inc | 4.300% | 02/15/2030 | 0.3% |
Bank of New York Mellon Corp/The | 4.967% | 04/26/2034 | 0.3% |
Constellation Energy Generation LLC | 6.250% | 10/01/2039 | 0.3% |
Avangrid Inc | 3.800% | 06/01/2029 | 0.3% |
CVS Health Corp | 5.250% | 01/30/2031 | 0.3% |
Duke Energy Corp | 4.500% | 08/15/2032 | 0.3% |
Ingersoll Rand Inc | 5.700% | 08/14/2033 | 0.3% |
Bank of America Corp | 2.087% | 06/14/2029 | 0.3% |
Morgan Stanley | 2.239% | 07/21/2032 | 0.3% |
CVS Health Corp | 5.050% | 03/25/2048 | 0.3% |
Aviation Capital Group LLC | 6.375% | 07/15/2030 | 0.3% |
Kellanova | 5.250% | 03/01/2033 | 0.3% |
Hyundai Capital America | 6.500% | 01/16/2029 | 0.3% |
Huntington Ingalls Industries Inc | 2.043% | 08/16/2028 | 0.3% |
Nordson Corp | 5.600% | 09/15/2028 | 0.3% |
Virginia Electric and Power Co | 5.450% | 04/01/2053 | 0.3% |
Pacific Gas and Electric Co | 6.700% | 04/01/2053 | 0.3% |
FactSet Research Systems Inc | 3.450% | 03/01/2032 | 0.3% |
MidAmerican Energy Co | 5.350% | 01/15/2034 | 0.3% |
Oklahoma Gas and Electric Co | 5.600% | 04/01/2053 | 0.3% |
National Grid PLC | 5.809% | 06/12/2033 | 0.3% |
NiSource Inc | 5.950% | 06/15/2041 | 0.2% |
HEICO Corp | 5.350% | 08/01/2033 | 0.2% |
Bank of America Corp | 2.299% | 07/21/2032 | 0.2% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 0.2% |
Constellation Energy Generation LLC | 6.500% | 10/01/2053 | 0.2% |
US Bancorp | 4.839% | 02/01/2034 | 0.2% |
Wells Fargo & Co | 5.389% | 04/24/2034 | 0.2% |
American Tower Corp | 5.550% | 07/15/2033 | 0.2% |
CenterPoint Energy Resources Corp | 5.400% | 03/01/2033 | 0.2% |
Neuberger Berman Group LLC / Neuberger Berman Finance Corp | 4.875% | 04/15/2045 | 0.2% |
Leidos Holdings Inc | 5.950% | 12/01/2040 | 0.2% |
Viper Energy Partners LP | 7.375% | 11/01/2031 | 0.2% |
L3Harris Technologies Inc | 5.600% | 07/31/2053 | 0.2% |
Intact Financial Corp | 5.459% | 09/22/2032 | 0.2% |
Fifth Third Bancorp | 6.339% | 07/27/2029 | 0.2% |
Constellation Energy Generation LLC | 5.800% | 03/01/2033 | 0.2% |
Glencore Funding LLC | 6.125% | 10/06/2028 | 0.2% |
Oglethorpe Power Corp | 5.050% | 10/01/2048 | 0.2% |
Columbia Pipelines Operating Co LLC | 5.927% | 08/15/2030 | 0.2% |
Oglethorpe Power Corp | 5.950% | 11/01/2039 | 0.2% |
Spire Missouri Inc | 4.800% | 02/15/2033 | 0.2% |
BAT Capital Corp | 6.343% | 08/02/2030 | 0.2% |
Wells Fargo & Co | 3.350% | 03/02/2033 | 0.2% |
Aviation Capital Group LLC | 3.500% | 11/01/2027 | 0.2% |
Elevance Health Inc | 5.500% | 10/15/2032 | 0.2% |
DTE Electric Co | 5.400% | 04/01/2053 | 0.2% |
New York Life Global Funding | 4.550% | 01/28/2033 | 0.2% |
FirstEnergy Transmission LLC | 4.550% | 04/01/2049 | 0.2% |
Western Midstream Operating LP | 6.350% | 01/15/2029 | 0.2% |
NGPL PipeCo LLC | 3.250% | 07/15/2031 | 0.1% |
Apache Corp | 5.100% | 09/01/2040 | 0.1% |
Wells Fargo & Co | 5.574% | 07/25/2029 | 0.1% |
Dominion Energy South Carolina Inc | 6.250% | 10/15/2053 | 0.1% |
Atmos Energy Corp | 6.200% | 11/15/2053 | 0.1% |
MidAmerican Energy Co | 5.850% | 09/15/2054 | 0.1% |
United States Treasury Note/Bond | 2.250% | 05/15/2041 | 0.1% |
Occidental Petroleum Corp | 6.450% | 09/15/2036 | 0.1% |
Leidos Inc | 5.750% | 03/15/2033 | 0.1% |
Intuit Inc | 5.500% | 09/15/2053 | 0.1% |
Patterson-UTI Energy Inc | 7.150% | 10/01/2033 | 0.1% |
AEP Texas Inc | 5.400% | 06/01/2033 | 0.1% |
NiSource Inc | 2.950% | 09/01/2029 | 0.1% |
M&T Bank Corp | 5.053% | 01/27/2034 | 0.1% |
Pfizer Investment Enterprises Pte Ltd | 4.750% | 05/19/2033 | 0.1% |
Mileage Plus Holdings LLC | 10.798% | 06/21/2027 | 0.1% |
Bank of America Corp | 2.482% | 09/21/2036 | 0.1% |
PacifiCorp | 4.150% | 02/15/2050 | 0.1% |
NUTRITION BIOSCIENCES INC | 0.070% | 02/01/2024 | 0.1% |
Credit Index Swap | 1.000% | 12/20/2028 | 0.0% |
US 5YR NOTE (CBT) Dec23 | 0.000% | 01/04/2024 | 0.0% |
US 2YR NOTE (CBT) Dec23 | 0.000% | 01/04/2024 | -0.1% |
US LONG BOND(CBT) Dec23 | 0.000% | 12/29/2023 | -0.2% |
US ULTRA BOND CBT Dec23 | 0.000% | 12/29/2023 | -0.9% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 12/05/2023
- $0.33419
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 11/30/2023 | $0.03277 | $8.14 |
Daily | Daily | 10/31/2023 | $0.03265 | $7.74 |
Daily | Daily | 09/30/2023 | $0.03204 | $7.92 |
Daily | Daily | 08/31/2023 | $0.03102 | $8.17 |
Daily | Daily | 07/31/2023 | $0.03052 | $8.26 |
Daily | Daily | 06/30/2023 | $0.03013 | $8.25 |
Daily | Daily | 05/31/2023 | $0.02989 | $8.26 |
Daily | Daily | 04/30/2023 | $0.02904 | $8.43 |
Daily | Daily | 03/31/2023 | $0.02888 | $8.39 |
Daily | Daily | 02/28/2023 | $0.02880 | $8.23 |
Daily | Daily | 01/31/2023 | $0.02845 | $8.51 |
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 | 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 12/05/2023
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $8.43 |
$100,000 to $249,999 | 1.75% | 1.50% | $8.39 |
$250,000 to $499,999 | 1.25% | 1.00% | $8.34 |
Greater than $500,000 | 0.00% | 1.00% | $8.24 |
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 10/31/2023
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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