Image alt tag

Page not optimized for mobile browsing

DST vision is best viewed on desktop and tablet

The Muni-Ladder Interest Rate Scenario Tool is only available on desktop and tablet.

PROCEED GO TO LORDABBETT.COM

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Check Out Go Literature Center

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Income Fund

Daily price w/o sales charge as of 08/04/2020

$2.99

arrowUp$0.01

YTD Returns w/o sales charge as of 08/04/2020

4.57%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the Income Fund?

The Fund seeks to deliver a high level of current income by investing primarily in a wide range of investment grade fixed income securities. 
 

FOCUS ON CORPORATE CREDIT

The investment team focuses on corporate bonds, diversified with select mortgage, high yield and non-U.S. securities to provide the opportunity for attractive total return.

BUILT ON INTENSIVE RESEARCH

The strategy employs quantitative and fundamental research to drive sector rotation and security selection.

IDENTIFY INCOME

The investment process identifies fixed-income sectors and securities with attractive valuations to provide the opportunity to deliver income.

Yield

Dividend Yield 1 as of 08/04/2020  

w/o sales charge 3.23%

30-Day Standardized Yield 2 as of 06/30/2020  

2.64%

Fund Basicsas of 06/30/2020

Total Net Assets
$2.68 B
Inception Date
07/02/2008
Dividend Frequency
Monthly
Fund Expense Ratio
1.07%
Number of Holdings
598

Fund Expense Ratio :

1.07%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/02/2008
w/o sales charge 4.18% 7.14% 5.00% 5.00% 5.23% 6.18%
Lipper Category Avg. Corporate Debt Funds BBB-Rated - - - - - -
Bloomberg Barclays U.S. Credit Bond Index 8.05% 11.86% 6.96% 6.05% 5.36% 6.12%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

1.07%

Fund Expense Ratio :

1.07%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/02/2008
w/o sales charge 0.77% 4.30% 4.05% 4.23% 5.12% 5.93%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 5.12% 9.05% 5.78% 5.25% 5.26% -
Bloomberg Barclays U.S. Credit Bond Index 4.82% 9.07% 6.14% 5.54% 5.24% 5.90%

Fund Expense Ratio :

1.07%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Type Assets
Investment Grade Corporate
High Yield Corporate
ABS
Bank Loans
U.S. Government Related
CMBS
MBS
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

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 06/30/2020 View Portfolio

Rating Assets
U.S. Treasury
Agency
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.

INVESTMENT TEAM

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

22 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Chief Investment Officer

29 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

26 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Director of Taxable Fixed Income

19 Years of Industry Experience

Yoana N. Koleva
Yoana N. Koleva, CFA

Managing Director & Portfolio Manager

17 Years of Industry Experience

Eric P. Kang
Eric P. Kang

Portfolio Manager

21 Years of Industry Experience

Supported By 59 Investment Professionals with 16 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Dividend Yield 1 as of 08/04/2020  

w/o sales charge 3.23%

30-Day Standardized Yield 2 as of 06/30/2020  

  Subsidized5 Un-Subsidized6
w/o sales charge 2.64% 2.64%

Fund Expense Ratio :

1.07%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/02/2008
w/o sales charge 4.18% 7.14% 5.00% 5.00% 5.23% 6.18%
Lipper Category Avg. Corporate Debt Funds BBB-Rated - - - - - -
Bloomberg Barclays U.S. Credit Bond Index 8.05% 11.86% 6.96% 6.05% 5.36% 6.12%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

1.07%

Fund Expense Ratio :

1.07%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/02/2008
w/o sales charge 0.77% 4.30% 4.05% 4.23% 5.12% 5.93%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 5.12% 9.05% 5.78% 5.25% 5.26% -
Bloomberg Barclays U.S. Credit Bond Index 4.82% 9.07% 6.14% 5.54% 5.24% 5.90%

Fund Expense Ratio :

1.07%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Year Fund Returns Bloomberg Barclays U.S. Credit Bond Index
2019 12.55% 13.80%
2018 -2.96% -2.11%
2017 6.60% 6.18%
2016 8.39% 5.63%
2015 -3.35% -0.77%
2014 6.91% 7.53%
2013 0.00% -2.01%
2012 12.57% 9.37%
2011 5.89% 8.35%
2010 10.93% 8.47%
2009 30.11% -
2008 -10.33% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2020 -9.14% 10.90% - - 4.57%
2019 4.73% 3.83% 2.29% 1.19% 12.55%
2018 -1.55% -0.83% 0.60% -1.19% -2.96%
2017 1.89% 2.22% 1.17% 1.17% 6.60%
2016 2.99% 4.27% 2.66% -1.68% 8.39%
2015 1.75% -1.79% -2.16% -1.15% -3.35%
2014 3.64% 3.55% -0.59% 0.21% 6.91%
2013 1.13% -3.58% 0.50% 2.04% 0.00%
2012 4.06% 1.21% 4.61% 2.17% 12.57%
2011 1.96% 2.28% -0.49% 2.04% 5.89%
2010 3.31% 2.11% 5.31% -0.15% 10.93%
2009 3.05% 13.22% 9.13% 2.19% 30.11%
2008 1.11% 0.50% -6.10% -6.03% -10.33%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Investment Grade Corporate
High Yield Corporate
ABS
Bank Loans
U.S. Government Related
CMBS
MBS
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

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 06/30/2020

Rating Assets
U.S. Treasury
Agency
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 Positioning as of 6/30/2020

  • We decreased the allocation to U.S. Treasuries over the period. With rates rallying in the first quarter as investors flocked into Treasuries and moved out of corporate credit, we saw an opportunity to sell Treasuries in order to take advantage of attractive relative value in risk-on sectors.
  • We added mainly to investment grade corporate credit. Notably, we added to technology, healthcare, and consumer discretionary investment grade corporate bonds.
  • We maintained a meaningful off-benchmark allocation within high yield, as we believe the asset class has a strong risk-reward profile and provides attractive relative value.
  • We believe valuations currently are fair given an expected resumption of economic activity in 2021, albeit a slow and modest one. We believe that the environment that the Fed has created of low volatility and perpetually lower rates will be supportive of a search-for-yield environment where spread valuations can tighten further.

Portfolio Details as of 06/30/2020

Total Net Assets
$2.68 B
Number of Issues
598
Average Coupon
4.67%
Average Life
9.64 Years
Average Maturity
9.64 Years
Average Effective Duration
6.85 Years

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 Life - Measures how long it will take, on average, to receive the repayment of the principal amount on a debt security.  Average life is often used in connection with mortgage-backed securities as a measurement of the length of time, on average, before the underlying mortgages are paid, refinanced, or otherwise retired.

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.

Holding Coupon Maturity Assets
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worl 4.700% 02/01/2036 1.4%
Verizon Communications, Inc. 2.792% 05/15/2025 1.4%
U.S. Treasury Note/Bond 0.625% 05/15/2030 1.3%
AbbVie, Inc. 4.250% 11/21/2049 1.0%
General Electric Co. 5.000% 12/31/2099 1.0%
AT&T, Inc. 1.964% 06/12/2024 0.9%
Time Warner Cable LLC 7.300% 07/01/2038 0.9%
CVS Caremark Corp. 4.300% 03/25/2028 0.7%
General Motors Co. 6.750% 04/01/2046 0.7%
T-Mobile USA, Inc. 3.438% 04/01/2027 0.7%
% of Total Assets 10.0%
Holding Coupon Maturity Assets
J.P.Morgan Securities LLC0.010% -1.9%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worl4.700% 02/01/20361.4%
Verizon Communications, Inc.2.792% 05/15/20251.4%
U.S. Treasury Note/Bond0.625% 05/15/20301.3%
AbbVie, Inc.4.250% 11/21/20491.0%
General Electric Co.5.000% 12/31/20991.0%
AT&T, Inc.1.964% 06/12/20240.9%
Time Warner Cable LLC7.300% 07/01/20380.8%
CVS Caremark Corp.4.300% 03/25/20280.7%
General Motors Co.6.750% 04/01/20460.7%
T-Mobile USA, Inc.3.438% 04/01/20270.7%
BAT Capital Corp4.390% 08/15/20370.7%
PSEG Power LLC8.625% 04/15/20310.7%
Equinix, Inc.5.375% 05/15/20270.6%
Altria Group, Inc.5.950% 02/14/20490.6%
AT&T, Inc.6.000% 08/15/20400.6%
NBCUniversal Enterprise, Inc.5.250% 06/19/20990.6%
UBS AG Registered Shares5.125% 05/15/20240.6%
CVS Caremark Corp.4.780% 03/25/20380.6%
Cox Communications, Inc.8.375% 03/01/20390.5%
Universal Health Services, Inc.4.750% 08/01/20220.5%
Ford Motor Co.7.450% 07/16/20310.5%
U.S. Treasury Note0.500% 04/15/20240.5%
Danske Bank A/S5.375% 01/12/20240.5%
Helmerich & Payne, Inc.4.650% 03/15/20250.5%
U.S. Treasury Note/Bond1.250% 05/15/20500.5%
ENI SpA5.700% 10/01/20400.5%
Zimmer Biomet Holdings, Inc.5.750% 11/30/20390.5%
Valero Energy Corp.10.500% 03/15/20390.5%
Bank of Ireland Group PLC4.125% 09/19/20270.5%
NGPL Pipeco LLC4.875% 08/15/20270.5%
Dell International LLC / EMC Corp.8.350% 07/15/20460.5%
Las Vegas Sands Corp.3.900% 08/08/20290.5%
National Australia Bank Ltd.3.933% 08/02/20340.5%
Bacardi Ltd.4.700% 05/15/20280.5%
CNO Financial Group, Inc.5.250% 05/30/20250.4%
HCA, Inc.5.500% 06/15/20470.4%
AT&T, Inc.3.650% 06/01/20510.4%
T-Mobile USA, Inc.3.750% 04/15/20270.4%
Nvent Finance Sarl4.550% 04/15/20280.4%
Bank of America Corp.4.450% 03/03/20260.4%
Biogen Idec, Inc.2.250% 05/01/20300.4%
Huntington Ingalls Industries, Inc.3.844% 05/01/20250.4%
Alimentation Couche-Tard, Inc.2.950% 01/25/20300.4%
Upjohn Inc2.300% 06/22/20270.4%
Ally Financial, Inc.8.000% 11/01/20310.4%
Williams Cos., Inc.8.750% 03/15/20320.4%
Catholic Health Initiatives3.347% 10/01/20290.4%
Boeing Co.5.805% 05/01/20500.4%
Continental Resources, Inc.5.000% 09/15/20220.4%
NRG Energy, Inc.4.450% 06/15/20290.4%
UBS AG7.625% 08/17/20220.4%
Wells Fargo Capital X5.950% 12/01/20860.4%
Oglethorpe Power Corp.5.950% 11/01/20390.4%
Bayer US Finance II LLC3.875% 12/15/20230.4%
Boeing Co0.000% 02/06/20220.4%
Suncor Energy, Inc.7.875% 06/15/20260.4%
Global Payments, Inc.3.200% 08/15/20290.4%
Teachers Insurance & Annuity Association of Americ4.900% 09/15/20440.4%
CNH Capital LLC4.375% 04/05/20220.4%
Smithfield Foods, Inc.5.200% 04/01/20290.4%
Alcon Finance Corp2.600% 05/27/20300.3%
FirstEnergy Transmission LLC4.550% 04/01/20490.3%
HCA, Inc.5.125% 06/15/20390.3%
Aircastle Ltd.4.250% 06/15/20260.3%
Suncor Energy Ventures Corp4.500% 04/01/20220.3%
IDEX Corp.3.000% 05/01/20300.3%
Patterson-UTI Energy, Inc.3.950% 02/01/20280.3%
Enbridge Energy Partners L.P.7.500% 04/15/20380.3%
MPLX L.P.5.250% 01/15/20250.3%
TransAlta Corp.4.500% 11/15/20220.3%
Cigna Corp2.400% 03/15/20300.3%
Leidos, Inc.7.125% 07/01/20320.3%
VEREIT Operating Partnership L.P.4.875% 06/01/20260.3%
Freeport-McMoRan, Inc.5.450% 03/15/20430.3%
Baidu, Inc.3.875% 09/29/20230.3%
Ausgrid Finance Pty Ltd4.350% 08/01/20280.3%
Alleghany Corp.3.625% 05/15/20300.3%
Goldman Sachs Group, Inc.6.750% 10/01/20370.3%
Hess Corp.5.800% 04/01/20470.3%
Canadian Natural Resources Ltd.7.200% 01/15/20320.3%
RPI Finance Trust2.189% 02/07/20250.3%
Fresenius Medical Care US Finance II, Inc.5.875% 01/31/20220.3%
CNAC HK Finbridge Co Ltd4.125% 07/19/20270.3%
Dell International LLC / EMC Corp6.020% 06/15/20260.3%
General Electric Co.6.150% 08/07/20370.3%
Discover Bank4.682% 08/09/20280.3%
Protective Life Corp.8.450% 10/15/20390.3%
Wabtec Corp.4.950% 09/15/20280.3%
MPLX L.P.2.099% 09/09/20220.3%
Cheniere Corpus Christi Holdings LLC7.000% 06/30/20240.3%
Santander UK plc7.950% 10/26/20290.3%
Great Wolf Trust 2019-WOLF1.219% 12/15/20360.3%
Trimble Navigation Ltd.4.900% 06/15/20280.3%
Apache Corp.5.100% 09/01/20400.3%
Kansas City Southern4.200% 11/15/20690.3%
Kayne CLO 7 Ltd2.607% 04/17/20330.3%
Park Aerospace Holdings Ltd5.500% 02/15/20240.3%
General Motors Financial Co., Inc.0.000% 07/01/20200.3%
Centene Corp.4.625% 12/15/20290.3%
New York and Presbyterian Hospital/The3.954% 08/01/21190.3%
ZF North America Capital, Inc.4.750% 04/29/20250.3%
Sabine Pass Liquefaction LLC5.875% 06/30/20260.3%
Navient Corp.6.750% 06/25/20250.3%
United Technologies Corp.2.250% 07/01/20300.3%
Boeing Co.4.875% 05/01/20250.3%
Imperial Tobacco Finance plc3.875% 07/26/20290.3%
Bayer Corp6.650% 02/15/20280.3%
Boston Scientific Corp.2.650% 06/01/20300.3%
Hilcorp Energy L.P. / Hilcorp Finance Co.6.250% 11/01/20280.3%
Cleco Corp.4.973% 05/01/20460.3%
Time Warner Entertainment Co. L.P.8.375% 07/15/20330.3%
National Fuel Gas Co.3.750% 03/01/20230.3%
Fox Corp5.476% 01/25/20390.3%
Bank of Montreal3.803% 12/15/20320.3%
Universal Health Services, Inc.5.000% 06/01/20260.3%
Anglo American Capital plc4.750% 04/10/20270.3%
Broadcom Corp. / Broadcom Cayman Finance Ltd.3.875% 01/15/20270.3%
JBS USA LUX SA / JBS USA Food Co / JBS USA Finance6.500% 04/15/20290.3%
Aon plc8.205% 01/01/20270.3%
SOUND POINT CLO XVII2.735% 10/20/20300.3%
Netflix, Inc.3.625% 05/15/20270.3%
Emera US Finance L.P.4.750% 06/15/20460.3%
E*TRADE Financial Corp.5.875% 12/31/20990.3%
Consolidated Communications4.000% 10/05/20230.3%
Federal Home Loan Mortgage Corp.4.000% 10/01/20490.3%
AerCap Ireland Capital Ltd.3.500% 01/15/20250.3%
Burlington Northern Santa Fe LLC5.750% 05/01/20400.3%
Playtika Holding Corp7.072% 12/03/20240.2%
Shackleton 2019-XIV Clo Ltd3.035% 07/20/20300.2%
BX Commercial Mortgage Trust 2019-XL1.635% 10/15/20360.2%
PVH Corp.7.750% 11/15/20230.2%
Xylem, Inc.1.950% 01/30/20280.2%
Citigroup, Inc.2.666% 01/29/20310.2%
Emera, Inc.6.750% 06/15/20760.2%
Kinross Gold Corp.4.500% 07/15/20270.2%
AT&T, Inc.2.875% 02/18/21700.2%
Puget Energy, Inc.4.100% 06/15/20300.2%
WOW! (Wide Open West)4.250% 08/18/20230.2%
Glencore Finance Canada Ltd.5.550% 10/25/20420.2%
Diamondback Energy, Inc.5.375% 05/31/20250.2%
Walgreen Co.3.800% 11/18/20240.2%
Carnival Corp.11.500% 04/01/20230.2%
Cleco Power LLC6.000% 12/01/20400.2%
Global Atlantic Fin Co4.400% 10/15/20290.2%
Fresenius Medical Care US Finance II, Inc.4.750% 10/15/20240.2%
Midwest Connector Capital Co LLC3.900% 04/01/20240.2%
BX Commercial Mortgage Trust 2019-XL2.185% 10/15/20360.2%
Halliburton Co.2.920% 03/01/20300.2%
Wyndham Hotels & Resorts3.972% 03/28/20250.2%
Neuberger Berman Group LLC4.875% 04/15/20450.2%
Charter Communications Operating LLC6.484% 10/23/20450.2%
Sabal Trail Transmission LLC4.246% 05/01/20280.2%
American Homes 4 Rent LP4.250% 02/15/20280.2%
Assurant, Inc.3.700% 02/22/20300.2%
Owens Corning4.300% 07/15/20470.2%
Selective Insurance Group, Inc.5.375% 03/01/20490.2%
El Paso Electric Co.5.000% 12/01/20440.2%
Brixmor Operating Partnership L.P.3.850% 02/01/20250.2%
Westlake Automobile Receivables Trust 2020-12.520% 04/15/20250.2%
Bayer US Finance II LLC4.375% 12/15/20280.2%
ALM VII Ltd3.069% 07/15/20290.2%
Halliburton Co.7.450% 09/15/20390.2%
Enel Finance International N.V.2.750% 04/06/20230.2%
Mount Sinai Hospitals Group Inc3.737% 07/01/20490.2%
BAE Systems plc3.400% 04/15/20300.2%
BX Commercial Mortgage Trust 2019-XL1.985% 10/15/20360.2%
National Fuel Gas Co.5.500% 01/15/20260.2%
EPR Properties4.950% 04/15/20280.2%
GATX Corp.4.550% 11/07/20280.2%
Air Medical Group Holdings, Inc.4.250% 04/28/20220.2%
JB y Co SA de CV3.750% 05/13/20250.2%
Webster Financial Corp.4.100% 03/25/20290.2%
SL Green Operating Partnership L.P.3.250% 10/15/20220.2%
Steel Dynamics, Inc.5.000% 12/15/20260.2%
Diamondback Energy, Inc.2.875% 12/01/20240.2%
Parsley Energy LLC5.375% 01/15/20250.2%
Morgan Stanley5.000% 11/24/20250.2%
Cimarex Energy Co.4.375% 03/15/20290.2%
Lloyds Bank plc6.500% 09/14/20200.2%
NXP BV / NXP Funding LLC / NXP USA Inc3.150% 05/01/20270.2%
Weyerhaeuser Co.8.500% 01/15/20250.2%
NVR, Inc.3.000% 05/15/20300.2%
Sabine Pass Liquefaction LLC5.750% 05/15/20240.2%
Northwell Healthcare, Inc.3.979% 11/01/20460.2%
NextEra Energy Capital Holdings, Inc.2.399% 02/25/20220.2%
Baidu, Inc.3.625% 07/06/20270.2%
Schaeffler Verwaltung Zwei GmbH4.750% 09/15/20260.2%
Hanover Insurance Group, Inc.4.500% 04/15/20260.2%
Venture XXIV CLO Ltd3.185% 10/20/20280.2%
Puget Energy, Inc.3.650% 05/15/20250.2%
Occidental Petroleum Corp.7.875% 09/15/20310.2%
Cigna Corp6.125% 11/15/20410.2%
AI Aqua Merger Sub, Inc.4.322% 12/13/20230.2%
American Airlines Class B Pass Through Trust5.600% 07/15/20200.2%
Owens Corning7.000% 12/01/20360.2%
Phosagro OAO via Phosagro Bond Funding Ltd3.949% 04/24/20230.2%
BlueMountain CLO 2016-1 Ltd2.485% 04/20/20270.2%
Marble Point CLO XVII Ltd2.196% 04/20/20330.2%
Caesars Resort Collection, LLC (fka Caesars Growth4.690% 06/19/20250.2%
Hess Corp.5.600% 02/15/20410.2%
Equinix, Inc.5.875% 01/15/20260.2%
Southern Copper Corp.5.250% 11/08/20420.2%
Stanley Black & Decker, Inc.4.000% 03/15/20600.2%
National Oilwell Varco, Inc.3.950% 12/01/20420.2%
AerCap Ireland Capital Ltd.3.875% 01/23/20280.2%
Leidos, Inc.4.375% 05/15/20300.2%
Kaisa Group Holdings Ltd.9.375% 06/30/20240.2%
Berry Petroleum Co.7.000% 02/15/20260.2%
National Oilwell Varco, Inc.3.600% 12/01/20290.2%
Matador Resources Co.5.875% 09/15/20260.2%
Origin Energy Finance Ltd.5.450% 10/14/20210.2%
Enbridge, Inc.6.000% 01/15/20770.2%
American Axle & Manufacturing, Inc.6.875% 07/01/20280.2%
Garda World Security Corp4.625% 02/15/20270.2%
Neuberger Berman Group LLC4.500% 03/15/20270.2%
Macquarie Bank Ltd.6.625% 04/07/20210.2%
World Financial Network Credit Card Master Trust2.030% 04/15/20250.2%
Mountain View CLO 2017-1 LLC2.266% 10/16/20290.2%
Sysco Corp.6.600% 04/01/20500.2%
American Airlines Class B Pass Through Trust4.375% 10/01/20220.2%
US Renal Care Inc10.625% 07/15/20270.2%
PFP 2019-6 Ltd2.294% 04/14/20370.2%
Mississippi Power Co.4.250% 03/15/20420.2%
NiSource, Inc.5.950% 06/15/20410.2%
Octagon Investment Partners 29 Ltd2.200% 01/24/20330.2%
Exelon Generation Co. LLC5.750% 10/01/20410.2%
CVS Caremark Corp.5.050% 03/25/20480.2%
Cheniere Corpus Christi Holdings LLC5.125% 06/30/20270.2%
Exelon Generation Co. LLC6.250% 10/01/20390.2%
Continental Resources, Inc.4.900% 06/01/20440.2%
Baker Hughes a GE Co LLC / Baker Hughes Co-Obligor4.080% 12/15/20470.2%
Flagship Credit Auto Trust 2019-14.080% 02/18/20250.2%
Octagon Investment Partners 30 Ltd2.835% 03/17/20300.2%
Zayo Group Holdings, Inc.4.000% 03/01/20270.2%
BBVA Bancomer SA5.125% 01/18/20330.2%
Kennametal, Inc.4.625% 06/15/20280.2%
Carnival Corp.0.000% 09/04/20200.2%
National Fuel Gas Co.4.900% 12/01/20210.2%
Veritas5.500% 01/27/20230.1%
Boeing Co.5.930% 05/01/20600.1%
Vulcan Materials Co.2.230% 03/01/20210.1%
Hardee's Funding LLC4.959% 06/20/20480.1%
Boeing Co.5.150% 05/01/20300.1%
Viper Energy Partners LP5.375% 11/01/20270.1%
Brightsphere Investment Group Inc4.800% 07/27/20260.1%
BorgWarner, Inc.2.650% 07/01/20270.1%
Jabil, Inc.0.000% 07/01/20200.1%
Boeing Co.3.600% 05/01/20340.1%
Sempra Energy4.000% 02/01/20480.1%
Carlisle Cos., Inc.2.750% 03/01/20300.1%
Citigroup, Inc.3.887% 01/10/20280.1%
Anglo American Capital plc4.500% 03/15/20280.1%
BSPRT 2018-FL4 Issuer Ltd1.235% 09/15/20350.1%
Buckeye Partners L.P.6.375% 01/22/20780.1%
Charles Schwab & Co., Inc.5.375% 04/30/21700.1%
Credit Index Swap5.000% 06/20/20250.1%
Healthcare Trust of America Holdings LP3.100% 02/15/20300.1%
BBCMS 2019-BWAY Mortgage Trust1.795% 11/25/20340.1%
Global Payments, Inc.2.900% 05/15/20300.1%
Solera Finance, Inc.10.500% 03/01/20240.1%
BNP Paribas S.A.4.500% 02/25/21700.1%
World Financial Network Credit Card Master Trust2.660% 08/15/20240.1%
Hyundai Capital America0.000% 07/13/20200.1%
American Airlines Class B Pass Through Trust5.625% 01/15/20210.1%
Foursight Capital Automobile Receivables Trust 2014.190% 11/15/20230.1%
Lincoln National Corp.7.000% 06/15/20400.1%
KKR CLO 18 Ltd2.835% 07/18/20300.1%
CEOC, LLC (aka Caesars Entertainment Operating Company)3.898% 10/07/20240.1%
Appalachian Power Co.7.000% 04/01/20380.1%
SVB Financial Group3.125% 06/05/20300.1%
Intuit, Inc.1.350% 07/15/20270.1%
Westpac Banking Corp.4.322% 11/23/20310.1%
Jamestown CLO IX Ltd3.785% 10/20/20280.1%
AT&T, Inc.4.300% 02/15/20300.1%
Daimler Finance North America LLC1.750% 03/10/20230.1%
Chobani LLC / Chobani Finance Corp Inc7.500% 04/15/20250.1%
Daimler Finance North America LLC2.592% 02/15/20220.1%
Lincoln National Corp.6.300% 10/09/20370.1%
CSMC 2020-AFC1 Trust2.240% 02/25/20500.1%
Westpac Banking Corp.4.110% 07/24/20340.1%
Boeing Co.5.705% 05/01/20400.1%
Country Garden Holdings Co. Ltd.4.750% 09/28/20230.1%
Energy Transfer Operating LP5.875% 01/15/20240.1%
Centene Corp.5.375% 06/01/20260.1%
DTE Energy Co.6.375% 04/15/20330.1%
Duqesne Light Holdings, Inc.6.250% 08/15/20350.1%
Avolon Holdings Funding Ltd5.125% 10/01/20230.1%
Brand Energy & Infrastructure Services Inc8.500% 07/15/20250.1%
MPLX L.P.6.875% 12/31/20990.1%
Exelon Generation Co. LLC5.600% 06/15/20420.1%
Colt Merger Sub Inc6.250% 07/01/20250.1%
Enel Finance International N.V.4.250% 09/14/20230.1%
Imperial Tobacco Finance plc3.125% 07/26/20240.1%
E*TRADE Financial Corp.4.500% 06/20/20280.1%
Barclays Bank plc10.179% 06/12/20210.1%
Valeant Pharmaceuticals International, Inc.6.125% 04/15/20250.1%
Interstate Power and Light Co3.500% 09/30/20490.1%
GCI LLC6.875% 04/15/20250.1%
CNH Capital LLC4.875% 04/01/20210.1%
Century Communities, Inc.5.875% 07/15/20250.1%
Freeport-McMoRan, Inc.4.250% 03/01/20300.1%
American Honda Finance Corp.0.000% 07/20/20200.1%
Hardee's Funding LLC5.710% 06/20/20480.1%
Northwoods Capital 20 Ltd6.151% 01/25/20300.1%
Hecla Mining Co.7.250% 02/15/20280.1%
Xiaomi Best Time International Ltd3.375% 04/29/20300.1%
GLP Capital L.P. / GLP Financing II, Inc.4.000% 01/15/20310.1%
Scientific Games International, Inc.8.625% 07/01/20250.1%
Owens Corning3.875% 06/01/20300.1%
MEG Energy Corp.7.000% 03/31/20240.1%
US Cellular Corp.6.700% 12/15/20330.1%
Resorts World Las Vegas LLC0.000% 04/16/20240.1%
Perimeter Master Note Business Trust4.230% 05/15/20240.1%
Scientific Games International, Inc.6.625% 05/15/20210.1%
Nissan Motor Acceptance Corp.2.065% 09/28/20220.1%
Endeavor Energy Resources L.P.5.750% 01/30/20280.1%
ION Trading Technologies S.A.R.L.5.072% 11/21/20240.1%
Laredo Petroleum Holdings, Inc.10.125% 01/15/20280.1%
PDC Energy, Inc.5.750% 05/15/20260.1%
MediArena Acquisition B.V. (fka AP NMT Acquisition B.V.)7.788% 08/13/20210.1%
Centennial Resource Production LLC6.875% 04/01/20270.1%
Clarios Global LP / Clarios US Finance Co8.500% 05/15/20270.1%
Navistar International Corp.9.500% 05/01/20250.1%
North Texas Tollway Auth8.410% 02/01/20300.1%
AerCap Ireland Capital Ltd.4.875% 01/16/20240.1%
National Fuel Gas Co.3.950% 09/15/20270.1%
Forterra, Inc.4.000% 10/25/20230.1%
Energy Transfer Operating LP9.000% 11/01/20240.1%
eBay, Inc.1.900% 03/11/20250.1%
LifePoint Hospitals, Inc.6.750% 04/15/20250.1%
Starfruit Finco BV / Starfruit US Holdco LLC8.000% 10/01/20260.1%
Financial & Risk US Hold4.879% 10/01/20250.1%
AbbVie, Inc.4.875% 11/14/20480.1%
Sophia LP / Sophia Finance, Inc.9.000% 09/30/20230.1%
Northwoods Capital 20 Ltd4.701% 01/25/20300.1%
Cheniere Corpus Christi Holdings LLC3.700% 11/15/20290.1%
VMC Finance 2019-FL3 LLC1.294% 09/15/20360.1%
Kilroy Realty L.P.4.375% 10/01/20250.1%
Acadia Healthcare Co., Inc.5.625% 02/15/20230.1%
CPS Auto Trust4.610% 12/15/20220.1%
Gulfstream Natural Gas System LLC4.600% 09/15/20250.1%
Verus Securitization Trust 2020-12.417% 01/25/20600.1%
Citigroup, Inc.4.600% 03/09/20260.1%
General Motors Co.6.125% 10/01/20250.1%
SM Energy Co.6.625% 01/15/20270.1%
Hunt Cos Inc6.250% 02/15/20260.1%
Interstate Power and Light Co3.600% 04/01/20290.1%
Seven Generations Energy Ltd.6.875% 06/30/20230.1%
Cedar Funding VI CLO Ltd2.735% 10/20/20280.1%
Weibo Corp.3.500% 07/05/20240.1%
SURA Asset Management SA4.375% 04/11/20270.1%
Acwa Power Management And Investments One Ltd5.950% 12/15/20390.1%
Hadrian Merger Sub Inc8.500% 05/01/20260.1%
Capitol Investment Merger Sub 2 LLC10.000% 08/01/20240.1%
Great Wolf Trust 2019-WOLF2.917% 12/15/20360.1%
Colonial Enterprises Inc3.250% 05/15/20300.1%
AbbVie, Inc.4.700% 05/14/20450.1%
Nissan Motor Acceptance Corp.1.701% 07/13/20200.1%
Waste Pro USA Inc5.500% 02/15/20260.1%
Freeport-McMoRan, Inc.5.250% 09/01/20290.1%
Wabash National Corp.5.500% 10/01/20250.1%
Shea Homes LP / Shea Homes Funding Corp.4.750% 02/15/20280.1%
MEG Energy Corp.6.500% 01/15/20250.1%
Northrop Grumman Systems Corp.7.750% 02/15/20310.1%
Mountain View CLO X Ltd2.661% 10/13/20270.1%
AMMC CLO XIV Ltd2.691% 07/25/20290.1%
Wells Fargo Commercial Mortgage Trust 2017-C413.785% 11/15/20500.1%
Palmer Square Loan Funding 2018-1 Ltd1.819% 04/15/20260.1%
Adani Transmission Ltd4.000% 08/03/20260.1%
Planet Fitness Master Issuer LLC3.858% 12/05/20490.1%
Walgreen Co.0.000% 07/24/20200.1%
Carnival Corp.0.000% 09/03/20200.1%
Starwood Mortgage Residential Trust 2020-12.275% 02/25/20500.1%
Deephaven Residential Mortgage Trust 2020-12.339% 01/25/20600.1%
Yum! Brands, Inc.6.875% 11/15/20370.1%
Global Aircraft Leasing Co Ltd6.500% 09/15/20240.1%
Sound Point Clo XV Ltd3.543% 01/23/20290.1%
Sabine Pass Liquefaction LLC5.625% 04/15/20230.1%
Valmont Industries, Inc.5.250% 10/01/20540.1%
MHP Lux SA6.950% 04/03/20260.1%
Ford Motor Credit Co. LLC5.584% 03/18/20240.1%
Macquarie Bank Ltd.4.875% 06/10/20250.1%
Uber Technologies Inc7.500% 11/01/20230.1%
MediArena Acquisition B.V. (fka AP NMT Acquisition B.V.)10.437% 08/13/20220.1%
Marathon Petroleum Corp.5.375% 10/01/20220.1%
Scientific Games International, Inc.7.250% 11/15/20290.1%
Stericycle Inc0.000% 11/17/20220.1%
General Motors Financial Co., Inc.0.000% 07/06/20200.1%
MPLX L.P.6.250% 10/15/20220.1%
Energy Transfer Partners L.P.0.000% 07/01/20200.1%
Oztel Holdings SPC Ltd6.625% 04/24/20280.1%
Ford Motor Credit Co. LLC5.113% 05/03/20290.1%
Illinois, IL5.100% 06/01/20330.1%
Texas Eastern Transmission L.P.4.125% 12/01/20200.1%
Scientific Games International, Inc.3.476% 08/14/20240.1%
Salem Fields CLO Ltd 2016-22.691% 10/25/20280.1%
Jamestown CLO VII Ltd.2.291% 07/25/20270.1%
HPS Loan Management 10-2016 Ltd2.885% 01/20/20280.1%
Canadian Pacific Railway Co.7.125% 10/15/20310.1%
Hayward Acquisition Corp.3.678% 08/05/20240.1%
Synchrony Credit Card Master Note Trust2.820% 10/15/20250.1%
Yingde Gases Investment Ltd6.250% 01/19/20230.1%
Minejesa Capital BV5.625% 08/10/20370.1%
Healthcare Realty Trust, Inc.2.400% 03/15/20300.1%
Keurig Dr Pepper Inc.3.495% 02/08/20230.1%
Turkiye Vakiflar Bankasi Tao5.750% 01/30/20230.1%
Carrier Global Corp2.700% 02/15/20310.1%
Benefit Street Partners Clo XII Ltd4.269% 10/15/20300.1%
Eldorado Resorts, Inc.6.000% 09/15/20260.1%
Ford Motor Co3.335% 12/31/20220.1%
Winnebago Industries, Inc.6.250% 07/15/20280.1%
Glencore Funding LLC4.125% 05/30/20230.1%
Nissan Motor Acceptance Corp.1.261% 03/15/20210.1%
Mohegan Tribal Gaming Authority7.875% 10/15/20240.1%
CoStar Group, Inc.2.800% 07/15/20300.1%
MEG Energy Corp.7.125% 02/01/20270.1%
Snap-on, Inc.3.100% 05/01/20500.1%
Forestar Group, Inc.5.000% 03/01/20280.1%
GCAT 2019-NQM2 Trust2.247% 01/25/20600.1%
COMM Mortgage Trust4.577% 07/10/20500.1%
SL Green Realty Corp.4.500% 12/01/20220.1%
E*TRADE Financial Corp.3.800% 08/24/20270.1%
JPMBB Commercial Mortgage Securities Trust4.411% 07/15/20480.1%
WeWork Cos Inc7.875% 05/01/20250.1%
Palmer Square Loan Funding 2018-1 Ltd2.269% 04/15/20260.1%
Zayo Group Holdings, Inc.6.125% 03/01/20280.1%
Southern Star Central Corp.5.125% 07/15/20220.1%
QEP Resources, Inc.5.375% 10/01/20220.1%
Bank Leumi Le-Israel BM3.275% 01/29/20310.1%
SAIC, Inc.5.950% 12/01/20400.1%
Air Canada 2015-2 Class B Pass Through Trust5.000% 12/15/20230.1%
Angel Oak Mortgage Trust 2020-12.466% 12/25/20590.1%
Prosus NV3.680% 01/21/20300.1%
MidOcean Credit CLO VI3.035% 01/20/20290.1%
Syngenta Finance NV4.441% 04/24/20230.1%
Science Applications Intern2.428% 03/05/20270.1%
EagleView Technology Corporation3.863% 08/14/20250.1%
New Residential Mortgage Loan Trust 2020-NQM12.464% 01/26/20600.1%
Valeant Pharmaceuticals International, Inc.5.000% 01/30/20280.0%
Hillenbrand Inc.5.750% 06/15/20250.0%
COMM 2016-COR1 Mortgage Trust3.494% 10/10/20490.0%
Diamondback Energy, Inc.4.750% 05/31/20250.0%
Avery Point CLO Ltd.2.591% 04/25/20260.0%
BlueMountain CLO 2013-1 Ltd2.885% 01/20/20290.0%
Colt Merger Sub Inc5.750% 07/01/20250.0%
Catholic Health Initiatives0.000% 07/14/20200.0%
American Honda Finance Corp.0.000% 08/11/20200.0%
JetBlue Airways Corp6.250% 06/12/20240.0%
Lockheed Martin Corp.7.750% 05/01/20260.0%
BAE Systems Finance Inc7.500% 07/01/20270.0%
MPH Acquisition Holdings LLC3.750% 06/07/20230.0%
Callon Petroleum Co.6.375% 07/01/20260.0%
Palmer Square Loan Funding 2018-1 Ltd2.619% 04/15/20260.0%
Danske Bank A/S5.000% 01/12/20220.0%
Genesys Telecommunications Laboratories Inc/Greene10.000% 11/30/20240.0%
Oglethorpe Power Corp.4.200% 12/01/20420.0%
Conn's Receivables Funding 2017-B LLC5.950% 11/15/20220.0%
Valeant Pharmaceuticals International, Inc.7.000% 03/15/20240.0%
Netflix, Inc.3.625% 06/15/20250.0%
Turkiye Vakiflar Bankasi Tao5.625% 05/30/20220.0%
Compass Bank3.875% 04/10/20250.0%
Carrier Global Corp3.577% 04/05/20500.0%
Enterprise Development Authority/The12.000% 07/15/20240.0%
Halliburton Co.3.800% 11/15/20250.0%
Stericycle Inc2.650% 11/17/20220.0%
Rede D'or Finance Sarl4.950% 01/17/20280.0%
Baker Hughes a GE Co LLC / Baker Hughes Co-Obligor3.337% 12/15/20270.0%
D.R. Horton, Inc.2.600% 10/15/20250.0%
Ford Motor Credit Co. LLC5.125% 06/16/20250.0%
ZF North America Capital, Inc.4.500% 04/29/20220.0%
BMW Vehicle Lease Trust 2019-12.790% 03/22/20210.0%
Joseph T Ryerson & Son, Inc.11.000% 05/15/20220.0%
Boral Finance Pty Ltd3.000% 11/01/20220.0%
Oasis Petroleum, Inc.6.875% 03/15/20220.0%
Galaxy XXI CLO Ltd2.155% 04/20/20310.0%
Nissan Motor Acceptance Corp.0.000% 12/14/20200.0%
Callon Petroleum Co.6.250% 04/15/20230.0%
Smithfield Foods, Inc.3.350% 02/01/20220.0%
Danske Bank A/S4.375% 06/12/20280.0%
Residential Mortgage Loan Trust 2020-12.376% 02/25/20240.0%
MHP Lux SA6.250% 09/19/20290.0%
Invitation Homes, Inc.3.589% 02/06/20220.0%
Builders FirstSource, Inc.5.000% 03/01/20300.0%
American Homes 4 Rent LP4.900% 02/15/20290.0%
NOVA Chemicals Corp.5.250% 08/01/20230.0%
GS Mortgage Securities Trust4.574% 07/10/20480.0%
Cent CLO Ltd.2.171% 10/29/20250.0%
Palmer Square Loan Funding 2018-5 Ltd2.535% 01/20/20270.0%
Illinois, IL4.950% 06/01/20230.0%
General Electric Co.2.121% 05/05/20260.0%
American Airlines Group, Inc.3.750% 03/01/20250.0%
Aston Martin Capital Holdings Ltd6.500% 04/15/20220.0%
Country Garden Holdings Co. Ltd.4.750% 01/17/20230.0%
Elevation CLO 2014-2 Ltd4.419% 10/15/20290.0%
Seven Generations Energy Ltd.5.375% 09/30/20250.0%
CSX Corporation, Inc.7.875% 05/15/20430.0%
BAT Capital Corp4.700% 04/02/20270.0%
ACC Trust 2018-16.810% 02/21/20230.0%
Glencore Funding LLC3.000% 10/27/20220.0%
Halcyon Loan Advisors Funding Ltd.3.141% 07/25/20270.0%
Thacher Park CLO Ltd.2.295% 10/20/20260.0%
Apex Credit CLO 2017 Ltd2.970% 04/24/20290.0%
BAT Capital Corp3.557% 08/15/20270.0%
Bowman Park CLO Ltd.1.540% 11/23/20250.0%
Apex Credit CLO 2016 Ltd2.841% 10/27/20280.0%
Sysco Corp.6.600% 04/01/20400.0%
Metropolitan Edison Co.4.000% 04/15/20250.0%
Lockheed Martin Tactical Systems Inc7.625% 06/15/20250.0%
DRB Prime Student Loan Trust3.200% 01/25/20400.0%
Mountain Hawk III CLO Ltd.2.335% 04/18/20250.0%
Occidental Petroleum Corp.2.700% 08/15/20220.0%
SM Energy Co.6.125% 11/15/20220.0%
Bill Barrett Corp.7.000% 10/15/20220.0%
GS Mortgage Securities Trust1.551% 06/10/20460.0%
Avis Budget Rental Car Funding2.630% 12/20/20210.0%
Glencore Finance Canada Ltd.4.250% 10/25/20220.0%
GS Mortgage Securities Trust0.655% 06/10/20460.0%
Illinois, IL5.520% 04/01/20380.0%
Marriott International, Inc.0.000% 07/06/20200.0%
SCF Equipment Leasing 2017-2 LLC3.410% 12/20/20230.0%
General Motors Financial Co., Inc.4.250% 05/15/20230.0%
Wells Fargo Commercial Mortgage Trust4.411% 07/15/20460.0%
Eldorado Resorts, Inc.4.553% 04/17/20240.0%
Motion Bondco DAC6.625% 11/15/20270.0%
Huntington Ingalls Industries, Inc.5.000% 11/15/20250.0%
Enterprise Fleet Financing LLC2.870% 10/20/20230.0%
PG&E Corp5.029% 12/31/20200.0%
CD&R Smokey Buyer Inc6.750% 07/15/20250.0%
El Paso Electric Co.6.000% 05/15/20350.0%
Canadian Pacific Railway Co.9.450% 08/01/20210.0%
Doncasters US Finance LLC (Doncasters US LLC)8.500% 03/31/20240.0%
Triumph Group, Inc.5.250% 06/01/20220.0%
AutoNation, Inc.4.750% 06/01/20300.0%
Santander Drive Auto Receivables Trust 2016-14.020% 04/15/20220.0%
JBS USA LLC/JBS USA Finance, Inc.5.750% 06/15/20250.0%
Drive Auto Receivables Trust4.180% 03/15/20240.0%
Government National Mortgage Association0.632% 07/16/20540.0%
Hudsons Bay Simon JV Trust0.723% 08/05/20340.0%
Merrill Lynch Mortgage Investors Trust Series6.250% 10/25/20360.0%
Leidos, Inc.5.500% 07/01/20330.0%
Doncasters US Finance LLC (Doncasters US LLC)0.500% 03/31/20250.0%
Valero Energy Corp.7.500% 04/15/20320.0%
Avery Point CLO Ltd.2.115% 07/17/20260.0%
Callon Petroleum Co.6.125% 10/01/20240.0%
GS Mortgage Securities Trust0.329% 11/10/20480.0%
ACC Trust 2018-14.820% 05/20/20210.0%
Callon Petroleum Co.8.250% 07/15/20250.0%
Cigna Corp4.800% 07/15/20460.0%
WFRBS Commercial Mortgage Trust1.119% 05/15/20470.0%
Bayer US Finance II LLC1.846% 06/25/20210.0%
Daimler Finance North America LLC2.301% 05/04/20210.0%
Interstate Power and Light Co4.700% 10/15/20430.0%
Wabtec Corp.3.200% 06/15/20250.0%
AbbVie, Inc.2.346% 11/21/20220.0%
Sequoia Mortgage Trust 2012-42.069% 09/25/20420.0%
Hudsons Bay Simon JV Trust0.665% 08/05/20340.0%
UTEX Industries0.000% 05/22/20210.0%
Seneca Park CLO Ltd.2.255% 07/17/20260.0%
Occidental Petroleum Corp.1.842% 08/15/20220.0%
Diamond Resorts Owner Trust3.080% 11/20/20280.0%
Tapstone Energy Holdings III, LLC0.000% 06/01/20220.0%
FX USD/EUR 09/200.000% 09/04/20200.0%
JPMBB Commercial Mortgage Securities Trust0.903% 04/15/20470.0%
WFRBS Commercial Mortgage Trust0.733% 05/15/20470.0%
Occidental Petroleum Corp.2.600% 04/15/20220.0%
JPMBB Commercial Mortgage Securities Trust0.439% 04/15/20470.0%
Afren plc10.250% 04/08/20220.0%
UTEX Industries0.000% 05/22/20220.0%
Templar Energy LLC0.000% -0.0%
Afren plc6.625% 12/09/20200.0%
Federal Home Loan Mortgage Corp.0.000% 08/15/20220.0%
Tapstone Energy LLC / Tapstone Energy Finance Corp0.000% -0.0%
OGX Austria GmbH8.500% 06/01/20190.0%
Templar Energy LLC0.000% -0.0%
EURO-SCHATZ FUT SEP200.000% 09/10/20200.0%
Federal Home Loan Mortgage Corp.544.714% 12/15/20200.0%
Federal Home Loan Mortgage Corp.1185.497% 09/15/20210.0%
Federal Home Loan Mortgage Corp.982.654% 04/15/20220.0%
Federal Home Loan Mortgage Corp.1195.607% 04/15/20210.0%
Federal Home Loan Mortgage Corp.1007.780% 05/15/20210.0%
Federal Home Loan Mortgage Corp.1008.400% 11/15/20210.0%
Federal Home Loan Mortgage Corp.0.000% 10/15/20210.0%
Federal Home Loan Mortgage Corp.0.000% 06/15/20210.0%
Federal Home Loan Mortgage Corp.0.000% 07/01/20220.0%
Federal Home Loan Mortgage Corp.0.000% 09/15/20220.0%
Federal Home Loan Mortgage Corp.1007.000% 02/15/20220.0%
Federal Home Loan Mortgage Corp.1008.500% 04/15/20210.0%
Federal Home Loan Mortgage Corp.409.000% 04/15/20210.0%
Federal Home Loan Mortgage Corp.900.950% 12/15/20200.0%
Federal National Mortgage Assoc.0.000% 04/25/20220.0%
Federal National Mortgage Assoc.9.500% 08/25/20210.0%
Federal National Mortgage Assoc.1008.000% 12/25/20210.0%
US 10YR ULTRA FUT SEP200.000% 09/30/20200.0%
US LONG BOND(CBT) SEP200.000% 09/30/20200.0%
US ULTRA BOND CBT SEP200.000% 09/30/20200.0%
US 2YR NOTE (CBT) SEP200.000% 10/05/20200.0%
US 5YR NOTE (CBT) SEP200.000% 10/05/20200.0%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 08/04/2020
$0.059
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 07/31/2020 $0.00804 $2.98
Daily Daily 06/30/2020 $0.00835 $2.89
Daily Daily 05/31/2020 $0.00855 $2.83
Daily Daily 04/30/2020 $0.00902 $2.76
Daily Daily 03/31/2020 $0.00874 $2.63
Daily Daily 02/29/2020 $0.00809 $2.98
Daily Daily 01/31/2020 $0.00825 $2.97

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 08/31/2020
Daily Daily 09/30/2020
Daily Daily 10/31/2020
Daily Daily 11/30/2020
Daily Daily 12/31/2020

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/18/2014 12/19/2014 $0.0038 $0.0108 $0.0146 $2.88
*

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. 

Upcoming Capital Gain Distribution

Record Date Ex-Dividend Date
12/17/2020 12/18/2020

Fees & Expenses

Fees & Expenses

Expense Ratioas of 06/30/2020

1.07%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
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
Commentary
Publish Date:11/03/2015
Fund Story
Publish Date:11/03/2015
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
 Quantity
Quantity
 Remove
Remove

* Barron’s Top Fund Families of 2019, February 14, 2020, #5 in the Taxable Bond Category among 55 fund families. Based on the net total return of the one−year period ending 12/31/2019. #14 Overall ranking among 55 qualifying fund families based on the net total return of the one-year period ending 12/31/2019. Five-year Overall ranking is #30 out of 52 fund families; 10-year Overall ranking is #33 out of 45 fund families.

 

Source: Barron’s, “Barron’s Top Fund Families of 2019,” February 14, 2020. Barron’s rankings are based on asset weighted returns in funds in five categories: U.S. equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2019, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2019 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well. Barron's Fund Family Rankings are awarded annually.

 

© Reuters 2020. All Rights Reserved. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

 

+

Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to value with maximum sales charges and without sales charges. The dividend yield is calculated by annualizing the last dividend and dividing it by the fund’s net asset value with maximum sales charges and without sales charges.

 

2

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

3

The Fund’s Dividend Yield, 12-Month Dividend Yield and 7 Day Yield are shown with and without sales charges and with maximum sales charges. The Fund’s Subsidized Dividend yield takes into account any fee waiver or expense limitation arrangements, if any. Without such fee waivers or expense limitation arrangements, the Fund’s dividend yield would have been lower. Information regarding any fee waivers or expense limitation arrangements applicable to the Fund is provided with the Fund’s expense ratio information.

 

4

The Fund’s Unsubsidized Dividend yield is shown without sales charges and with maximum sales charges. The Fund’s unsubsidized dividend yield reflects what the yield would have been without the effect of fee waivers or expense limitation arrangements.

 

5

The 30-day Standardized Subsidized yield reflects fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

6

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The value of an investment will change as interest rates fluctuate and in response to market movements. When interest rates fall, the prices of debt securities tend to rise, and when interest rates rise, the prices of debt securities are likely to decline. Debt securities are subject to credit risk, which is the risk that the issuer will fail to make timely payments of interest and principal to the Fund. The Fund may invest in high yield, lower-rated debt securities, sometimes called junk bonds, and may involve greater risks than higher-rated debt securities. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. The Fund may also invest in convertible securities and senior loans, which are subject to increased credit and liquidity risks. These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Class R3 - The performance quotations for Class R3 reflect the following methods of calculation: (a) for periods prior to the inception date for Class R3, a restated figure is used based on the Fund's Class A performance, excluding the effect of Class A's maximum sales charge (which does not apply to Class R3, adjusted to reflect the Rule 12b-1 rate differential between Class A and Class R3, which has a higher 12b-1 fee than Class A; and (b) for periods after the inception date for Class R3, actual Class R3 performance is used reflecting all charges and fees applicable to Class R3 shares. Hypothetical performance data for Class R3, as measured from since inception of the Fund using the methodology described above, is not available if the Class A inception date is equal or greater than ten years old. Please refer to the Class R3 performance information for the inception date for Class R3. Please refer to the Class A performance information for the inception date for Class A.

Class R3 shares are only offered to certain eligible investors.  For additional information, see the Fund’s current prospectus.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Fund changed its investment strategy on 01/01/1982. Performance is calculated from this date. In addition, the Fund amended it s strategy on December 14, 2007. The historical performance shown of the Fund prior to December 14, 2007, reflects periods when the Fund pursued its previous investment strategy. The change in investment approach may affect the Fund’s performance in the future.

 

The Bloomberg Barclays U.S. Credit Bond Index is the U.S. Credit component of the U.S. Government/Credit index. The index includes publicly issued U.S. corporate and specified foreign debentures and secured notes that meet the specified maturity, liquidity, and quality requirements. To qualify, bonds must be SEC-registered. The index includes both corporate and non-corporate sectors. The corporate sectors are Industrial, Utility, and Finance, which include both U.S. and non-U.S. corporations. The non-corporate sectors are Sovereign, Supranational, Foreign Agency, and Foreign Local Government. All returns are market value-weighted inclusive of accrued interest.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field