LAGVX | Income Fund Class A | Lord Abbett

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Income Fund

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Daily price w/o sales charge as of 12/10/2024

$2.47

$0.00

YTD Returns w/o sales charge as of 12/10/2024

5.67%

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

Average Yield to Maturity as of 11/29/2024

5.75%

30-Day Standardized Yield 1 as of 11/30/2024  

4.95%

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 11/29/2024

Total Net Assets
$5.61 B
Inception Date
09/19/1932*
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.73%
Fund Net Expense Ratio
0.73%
Number of Holdings
597
Minimum Initial Investment
$1,500+

In addition, the Fund has amended its strategy on December 14, 2007. 

*

The Fund changed its investment strategy on 01/01/1982. Performance is calculated from this date.

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/01/1982
w/o sales charge 5.51% 10.00% -1.09% 1.29% 2.67% 6.95%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 4.21% 8.69% -1.93% 0.52% 2.19% -
Bloomberg U.S. Credit Bond Index 3.99% 8.36% -1.60% 0.68% 2.49% 7.66%
w/ sales charge 3.00% 7.73% -1.85% 0.81% 2.42% 6.89%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/01/1982
w/o sales charge 6.27% 14.71% -0.81% 1.56% 2.82% 6.99%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 5.33% 13.85% -1.61% 0.91% 2.58% -
Bloomberg U.S. Credit Bond Index 5.23% 13.81% -1.12% 1.07% 2.79% 7.72%
w/ sales charge 3.74% 12.28% -1.57% 1.08% 2.58% 6.94%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

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

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect 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.

Type Assets
Investment Grade Corporate
High Yield Corporate
MBS
Bank Loans
CLO
ABS
U.S. Government Related
Sovereign
CMBS
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 11/29/2024 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

26 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Co-Head of Taxable Fixed Income

33 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner, Portfolio Manager

30 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

23 Years of Industry Experience

Yoana N. Koleva
Yoana N. Koleva, CFA

Partner, Portfolio Manager

21 Years of Industry Experience

Eric P. Kang
Eric P. Kang

Partner, Portfolio Manager

25 Years of Industry Experience

Supported By 80 Investment Professionals with 17 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 11/29/2024

5.75%

30-Day Standardized Yield 1 as of 11/30/2024  

  Subsidized2 Un-Subsidized3
w/o sales charge 4.95% 4.95%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/01/1982
w/o sales charge 5.51% 10.00% -1.09% 1.29% 2.67% 6.95%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 4.21% 8.69% -1.93% 0.52% 2.19% -
Bloomberg U.S. Credit Bond Index 3.99% 8.36% -1.60% 0.68% 2.49% 7.66%
w/ sales charge 3.00% 7.73% -1.85% 0.81% 2.42% 6.89%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 01/01/1982
w/o sales charge 6.27% 14.71% -0.81% 1.56% 2.82% 6.99%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 5.33% 13.85% -1.61% 0.91% 2.58% -
Bloomberg U.S. Credit Bond Index 5.23% 13.81% -1.12% 1.07% 2.79% 7.72%
w/ sales charge 3.74% 12.28% -1.57% 1.08% 2.58% 6.94%

Fund Expense Ratio :

Gross 0.73%

Net 0.73%

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

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect 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 U.S. Credit Bond Index
2023 8.66% 8.18%
2022 -15.48% -15.26%
2021 1.30% -1.08%
2020 7.95% 9.35%
2019 12.92% 13.80%
2018 -2.69% -2.11%
2017 6.93% 6.18%
2016 8.74% 5.63%
2015 -3.09% -0.77%
2014 7.23% 7.53%
2013 0.27% -
2012 12.51% -
2011 6.55% -
2010 10.84% -
2009 30.23% -
2008 -10.16% -
2007 6.17% -
2006 3.58% -
2005 2.23% -
2004 3.81% -
Year Q1 Q2 Q3 Q4
2024 0.51% 0.58% 5.12% -
2023 3.71% -0.44% -2.51% 7.94%
2022 -6.43% -7.61% -4.98% 2.89%
2021 -2.55% 3.52% 0.41% 0.00%
2020 -9.10% 11.02% 2.97% 3.88%
2019 5.20% 3.54% 2.37% 1.26%
2018 -1.49% -0.76% 0.67% -1.13%
2017 2.33% 1.94% 1.59% 0.89%
2016 3.07% 4.36% 2.75% -1.61%
2015 1.83% -1.72% -2.09% -1.09%
2014 3.72% 3.64% -0.19% -0.06%
2013 1.20% -3.53% 0.57% 2.12%
2012 3.78% 1.28% 4.69% 2.24%
2011 2.04% 2.35% -0.43% 2.47%
2010 3.37% 1.82% 5.77% -0.43%
2009 2.64% 13.30% 9.57% 2.21%
2008 1.16% 0.53% -6.43% -5.59%
2007 1.14% -0.86% 2.73% 3.07%
2006 -0.92% -0.15% 3.53% 1.14%
2005 -0.23% 2.87% -0.97% 0.59%
2004 2.46% -2.48% 2.95% 0.91%
2003 0.61% 1.69% -0.87% 0.14%
2002 0.09% 4.04% 4.29% 1.10%
2001 2.33% 0.31% 4.76% -0.60%
2000 1.62% 2.04% 3.20% 4.05%
1999 -0.35% -1.21% 0.43% -0.40%
1998 1.25% 2.41% 3.95% 0.11%
1997 -1.58% 4.08% 3.24% 3.20%
1996 -2.75% -0.01% 1.64% 2.84%
1995 4.23% 4.46% 2.13% 4.02%
1994 -3.44% -1.73% 0.49% 0.39%
1993 3.77% 3.02% 2.37% -0.15%
1992 -2.13% 3.64% 4.99% 0.58%
1991 2.39% 1.03% 6.79% 5.81%
1990 -1.25% 3.79% 0.19% 6.37%
1989 0.71% 7.02% 0.86% 3.71%
1988 4.08% 1.40% 2.19% -0.02%
1987 2.04% -3.12% -3.71% 6.77%
1986 7.51% -0.68% 4.27% 3.27%
1985 0.71% 9.68% 1.83% 6.44%
1984 1.33% -2.82% 7.11% 6.81%
1983 5.62% 2.63% 0.80% 0.64%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 11/30/2024

The chart begins on the Fund's inception date of 01/01/1982.

Based on a hypothetical Class A share investment of $10,000 on 01/01/1982 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Investment Grade Corporate
High Yield Corporate
MBS
Bank Loans
CLO
ABS
U.S. Government Related
Sovereign
CMBS
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 11/29/2024

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 Details as of 11/29/2024

Total Net Assets
$5.61 B
Average Effective Duration
6.69 Years
Average Life
7.4 Years
Average Maturity
7.4 Years
Number of Issues
597
Average Yield to Maturity
5.75%

To view definitions for the above Portfolio Details, Click here.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Average 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
United States Treasury Note/Bond 4.500% 02/15/2044 3.0%
30-YR UMBS-TBA PROD DEC 5.000% 08/01/2054 1.4%
United States Treasury Note/Bond 4.375% 08/15/2043 1.3%
30-YR UMBS-TBA PROD DEC 5.500% 01/01/2054 1.2%
15-YR UMBS-TBA PROD DEC 6.000% 01/01/2039 1.1%
15-YR UMBS-TBA PROD DEC 5.000% 04/01/2039 1.0%
BAT Capital Corp 7.750% 10/19/2032 0.9%
15-YR UMBS-TBA PROD JAN 5.500% 03/01/2039 0.9%
Sprint Capital Corp 6.875% 11/15/2028 0.8%
Continental Resources Inc/OK 5.750% 01/15/2031 0.8%
% of Total Assets 12.4%
Holding Coupon Maturity Assets
United States Treasury Note/Bond4.500% 02/15/20443.0%
30-YR UMBS-TBA PROD DEC5.000% 08/01/20541.4%
United States Treasury Note/Bond4.375% 08/15/20431.3%
30-YR UMBS-TBA PROD DEC5.500% 01/01/20541.2%
15-YR UMBS-TBA PROD DEC6.000% 01/01/20391.1%
15-YR UMBS-TBA PROD DEC5.000% 04/01/20391.0%
BAT Capital Corp7.750% 10/19/20320.9%
15-YR UMBS-TBA PROD JAN5.500% 03/01/20390.9%
Sprint Capital Corp6.875% 11/15/20280.8%
Continental Resources Inc/OK5.750% 01/15/20310.8%
30-YR GNMA II-TBA PROD NOV6.500% 04/01/20540.7%
30-YR UMBS-TBA PROD DEC6.000% 10/01/20530.7%
Charter Communications Operating LLC6.343% 02/01/20270.6%
JPMorgan Chase & Co4.912% 07/25/20330.6%
Centene Corp3.375% 02/15/20300.6%
30-YR GNMA II-TBA PROD DEC5.500% 08/01/20540.6%
VICI Properties LP / VICI Note Co Inc4.625% 06/15/20250.6%
30-YR GNMA II-TBA PROD DEC6.000% 06/01/20540.5%
LPL Holdings Inc4.375% 05/15/20310.5%
30-YR UMBS-TBA PROD DEC6.500% 07/01/20530.5%
15-YR UMBS-TBA PROD DEC5.500% 03/01/20390.5%
Expand Energy Corp5.375% 02/01/20290.5%
30-YR GNMA II-TBA PROD DEC5.000% 09/01/20540.5%
Ford Motor Credit Co LLC6.125% 03/08/20340.5%
Glencore Funding LLC0.000% 12/20/20240.5%
Broadcom Inc3.469% 04/15/20340.5%
Uber Technologies Inc4.500% 08/15/20290.5%
United States Treasury Note/Bond4.250% 08/15/20540.5%
Enbridge Inc8.500% 01/15/20840.5%
Flutter Financing BV6.604% 11/29/20300.5%
Intel Corp5.150% 02/21/20340.5%
Carnival Corp5.750% 03/01/20270.4%
Vontier Corp2.950% 04/01/20310.4%
Pacific Gas and Electric Co4.550% 07/01/20300.4%
Crown Castle Inc3.300% 07/01/20300.4%
Directv Financing LLC / Directv Financing Co-Obligor Inc5.875% 08/15/20270.4%
Warnermedia Holdings Inc3.755% 03/15/20270.4%
Viper Energy Inc7.375% 11/01/20310.4%
Southwest Gas Corp4.050% 03/15/20320.4%
30-YR UMBS-TBA PROD NOV6.000% 10/01/20530.4%
Regal Rexnord Corp6.300% 02/15/20300.4%
Hasbro Inc6.050% 05/14/20340.4%
Jane Street Group / JSG Finance Inc7.125% 04/30/20310.4%
NGPL PipeCo LLC4.875% 08/15/20270.4%
Boeing Co/The5.150% 05/01/20300.4%
Puget Energy Inc4.100% 06/15/20300.4%
Solventum Corp5.900% 04/30/20540.4%
Ford Motor Credit Co LLC3.375% 11/13/20250.4%
General Motors Financial Co Inc4.900% 10/06/20290.4%
MSCI Inc3.625% 11/01/20310.4%
30-YR GNMA II-TBA PROD DEC6.500% 04/01/20540.4%
American Tower Corp3.800% 08/15/20290.4%
Aircastle Ltd6.500% 07/18/20280.4%
JT International Financial Services BV6.875% 10/24/20320.3%
Discovery Communications LLC3.950% 03/20/20280.3%
Canadian Imperial Bank of Commerce6.950% 01/28/20850.3%
Avolon TLB Borrower 1 US LLC6.509% 06/24/20300.3%
ACE Capital Trust II9.700% 04/01/20300.3%
EQT Corp7.000% 02/01/20300.3%
Imperial Brands Finance PLC6.125% 07/27/20270.3%
Regal Rexnord Corp6.050% 04/15/20280.3%
Viterra Finance BV3.200% 04/21/20310.3%
Bacardi Ltd / Bacardi-Martini BV5.400% 06/15/20330.3%
Crescent Energy Finance LLC9.250% 02/15/20280.3%
AT&T Inc3.500% 09/15/20530.3%
AT&T Inc5.400% 02/15/20340.3%
Nuveen LLC5.850% 04/15/20340.3%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC6.500% 02/15/20280.3%
CNO Financial Group Inc6.450% 06/15/20340.3%
TICP CLO VII Ltd6.547% 04/15/20330.3%
Arch Capital Group Ltd7.350% 05/01/20340.3%
Citigroup Inc2.561% 05/01/20320.3%
Bayer US Finance LLC6.500% 11/21/20330.3%
Indika Energy Tbk PT8.750% 05/07/20290.3%
Ecopetrol SA8.375% 01/19/20360.3%
Oracle Corp6.125% 07/08/20390.3%
Solventum Corp0.061% 02/16/20270.3%
Celanese US Holdings LLC6.350% 11/15/20280.3%
NatWest Group PLC3.032% 11/28/20350.3%
Avolon Holdings Funding Ltd4.250% 04/15/20260.3%
UL Solutions Inc6.500% 10/20/20280.3%
Bayer Corp/NJ6.650% 02/15/20280.3%
30-YR GNMA II-TBA PROD NOV5.500% 08/01/20540.3%
Intesa Sanpaolo SpA6.625% 06/20/20330.3%
Oracle Corp5.375% 07/15/20400.3%
Concentrix Corp6.600% 08/02/20280.3%
Goldman Sachs Group Inc/The2.383% 07/21/20320.3%
Ford Motor Co9.625% 04/22/20300.3%
Texas Natural Gas Securitization Finance Corp5.169% 04/01/20410.3%
Baytex Energy Corp8.500% 04/30/20300.3%
HA Sustainable Infrastructure Capital Inc6.375% 07/01/20340.3%
Oklahoma Gas and Electric Co5.600% 04/01/20530.3%
Kinder Morgan Inc5.400% 02/01/20340.3%
Anglo American Capital PLC5.500% 05/02/20330.3%
Booz Allen Hamilton Inc3.875% 09/01/20280.3%
Tempur Sealy International Inc0.000% 10/03/20310.3%
J P MORGAN SECURITIES INC0.010% 11/01/20240.3%
CARLYLE US CLO 2018-2 Ltd6.447% 10/15/20310.3%
Imperial Brands Finance PLC5.500% 02/01/20300.3%
Virgin Media Bristol LLC7.418% 01/31/20280.3%
Fresenius Medical Care US Finance III Inc3.000% 12/01/20310.3%
OCP CLO 2024-31 Ltd6.617% 04/20/20370.3%
30-YR UMBS-TBA PROD NOV5.500% 01/01/20540.3%
Stream Innovations 2024-2 Issuer Trust5.210% 02/15/20450.3%
Global Atlantic Fin Co7.950% 06/15/20330.3%
International Flavors & Fragrances Inc1.230% 10/01/20250.3%
Broadcom Inc6.230% 08/15/20280.3%
Atlassian Corp5.500% 05/15/20340.3%
Helmerich & Payne Inc5.500% 12/01/20340.3%
NRG Energy Inc4.450% 06/15/20290.3%
Citigroup Inc6.174% 05/25/20340.3%
Sisecam UK PLC8.250% 05/02/20290.3%
PNC Financial Services Group Inc/The3.400% 12/15/21720.3%
Petroleos Mexicanos6.490% 01/23/20270.3%
Morgan Stanley6.342% 10/18/20330.3%
Bank of America Corp2.687% 04/22/20320.3%
Toronto-Dominion Bank/The7.250% 07/31/20840.3%
Tapestry Inc7.000% 11/27/20260.3%
30-YR UMBS-TBA PROD DEC7.000% 07/01/20530.3%
Wells Fargo & Co3.350% 03/02/20330.3%
Generate CLO 15 Ltd6.667% 07/20/20370.3%
Romark CLO Ltd6.538% 10/23/20300.3%
HCA Inc5.600% 04/01/20340.3%
Block Inc6.500% 05/15/20320.3%
Electricite de France SA6.250% 05/23/20330.3%
HCA Inc5.450% 09/15/20340.3%
Bank of Montreal7.700% 05/26/20840.3%
nVent Finance Sarl4.550% 04/15/20280.2%
Goodman US Finance Six LLC5.125% 10/07/20340.2%
Emera Inc6.750% 06/15/20760.2%
Hilton Domestic Operating Co Inc6.488% 11/08/20300.2%
Catalent Pharma Solutions Inc6.859% 02/22/20280.2%
Broadcom Inc5.150% 11/15/20310.2%
Rakuten Group Inc11.250% 02/15/20270.2%
GXO Logistics Inc6.500% 05/06/20340.2%
F&G Annuities & Life Inc7.400% 01/13/20280.2%
30-YR UMBS-TBA PROD NOV5.000% 08/01/20540.2%
RR 12 Ltd6.247% 01/15/20360.2%
PNC Financial Services Group Inc/The4.812% 10/21/20320.2%
Talos Production Inc9.375% 02/01/20310.2%
HCA Inc5.950% 09/15/20540.2%
US 10yr Ultra Fut Dec240.000% 12/31/20240.2%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.950% 09/10/20340.2%
Qorvo Inc3.375% 04/01/20310.2%
BNP Paribas SA7.750% 02/16/21730.2%
Affirm Asset Securitization Trust 2024-B4.620% 09/15/20290.2%
Diamondback Energy Inc6.250% 03/15/20330.2%
Comision Federal de Electricidad3.348% 02/09/20310.2%
Dryden 38 Senior Loan Fund6.447% 07/15/20300.2%
Piedmont Natural Gas Co Inc5.100% 02/15/20350.2%
Synchrony Financial4.500% 07/23/20250.2%
Iron Mountain Inc6.685% 01/31/20310.2%
Aon Corp8.205% 01/01/20270.2%
Cedar Funding VII Clo Ltd6.417% 01/20/20310.2%
Madison Park Funding LVII Ltd6.317% 07/27/20340.2%
UBS Group AG6.537% 08/12/20330.2%
Boeing Co/The6.528% 05/01/20340.2%
Citizens Financial Group Inc6.645% 04/25/20350.2%
Duquesne Light Holdings Inc2.775% 01/07/20320.2%
Targa Resources Partners LP / Targa Resources Partners Finance Corp4.875% 02/01/20310.2%
Entegris Inc4.750% 04/15/20290.2%
Choice Hotels International Inc3.700% 12/01/20290.2%
Elanco Animal Health Inc6.694% 08/01/20270.2%
Colombia Government International Bond7.500% 02/02/20340.2%
KFC Holding Co6.645% 03/15/20280.2%
Avis Budget Rental Car Funding AESOP LLC3.710% 08/20/20270.2%
GLP Capital LP / GLP Financing II Inc5.625% 09/15/20340.2%
Western Digital Corp2.850% 02/01/20290.2%
DaVita Inc6.685% 05/09/20310.2%
TransDigm Inc7.354% 03/22/20300.2%
DTE Energy Co2.950% 03/01/20300.2%
Chile Electricity Lux Mpc II Sarl5.580% 10/20/20350.2%
Citizens Financial Group Inc4.000% 10/06/21730.2%
Benefit Street Partners CLO XVIII Ltd6.609% 10/15/20340.2%
IPALCO Enterprises Inc4.250% 05/01/20300.2%
Truist Financial Corp5.711% 01/24/20350.2%
Civitas Resources Inc8.750% 07/01/20310.2%
Entergy Corp7.125% 12/01/20540.2%
Spirit AeroSystems Inc9.750% 11/15/20300.2%
Oglethorpe Power Corp6.200% 12/01/20530.2%
Live Nation Entertainment Inc4.875% 11/01/20240.2%
Jacobs Engineering Group Inc5.900% 03/01/20330.2%
Brown & Brown Inc4.200% 03/17/20320.2%
Vermilion Energy Inc6.875% 05/01/20300.2%
Intel Corp3.150% 05/11/20270.2%
JPMorgan Chase & Co2.963% 01/25/20330.2%
Comstock Resources Inc5.875% 01/15/20300.2%
Kinetic Advantage Master Owner Trust7.643% 11/15/20270.2%
Barclays PLC9.625% 03/15/21730.2%
Evergy Missouri West Inc5.650% 06/01/20340.2%
PNC Financial Services Group Inc/The6.875% 10/20/20340.2%
Octane Receivables Trust 2022-25.850% 07/20/20280.2%
Ovintiv Inc7.100% 07/15/20530.2%
Fairstone Financial Issuance Trust I5.162% 10/20/20390.2%
Eni SpA5.700% 10/01/20400.2%
US Bancorp4.839% 02/01/20340.2%
Citigroup Inc5.827% 02/13/20350.2%
Dave & Buster's Inc7.625% 11/01/20250.2%
Workday Inc3.800% 04/01/20320.2%
Wells Fargo & Co6.491% 10/23/20340.2%
Aircastle Ltd2.850% 01/26/20280.2%
Liberty Utilities Finance GP 12.050% 09/15/20300.2%
Rad CLO 20 Ltd7.617% 07/20/20360.2%
Bank of Nova Scotia/The8.000% 01/27/20840.2%
Broadcom Inc4.800% 10/15/20340.2%
Oglethorpe Power Corp5.950% 11/01/20390.2%
Coterra Energy Inc5.600% 03/15/20340.2%
Triumph Group Inc9.000% 03/15/20280.2%
Republic of Uzbekistan International Bond7.850% 10/12/20280.2%
Occidental Petroleum Corp6.375% 09/01/20280.2%
NAUTILUS POWER LLC10.115% 11/16/20260.2%
30-YR GNMA II-TBA PROD JAN6.000% 06/01/20540.2%
TGNR Intermediate Holdings LLC5.500% 10/15/20290.2%
Equinix Europe 2 Financing Corp LLC5.500% 06/15/20340.2%
Cheniere Energy Partners LP5.750% 08/15/20340.2%
Greensaif Pipelines Bidco Sarl6.129% 02/23/20380.2%
Aircastle Ltd / Aircastle Ireland DAC5.750% 10/01/20310.2%
Allied Universal Holdco LLC / Allied Universal Finance Corp9.750% 07/15/20270.2%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20290.2%
Raizen Fuels Finance SA6.450% 03/05/20340.2%
Danske Bank A/S7.000% 12/26/21720.2%
Host Hotels & Resorts LP5.700% 07/01/20340.2%
ITC Holdings Corp5.400% 06/01/20330.2%
Fortress Transportation and Infrastructure Investors LLC5.875% 04/15/20330.2%
UBS Group AG6.373% 07/15/20260.2%
Enbridge Inc5.625% 04/05/20340.2%
EQM Midstream Partners LP6.375% 04/01/20290.2%
Morgan Stanley5.424% 07/21/20340.2%
Phillips Edison Grocery Center Operating Partnership I LP4.950% 01/15/20350.2%
Regatta XXV Funding Ltd7.697% 07/15/20360.2%
F-Brasile SpA / F-Brasile US LLC7.375% 08/15/20260.2%
Transcanada Trust5.875% 08/15/20760.2%
Cheniere Energy Inc5.650% 04/15/20340.2%
Madison Park Funding XVII Ltd6.379% 07/21/20300.2%
Calpine Corp6.685% 12/16/20270.2%
EPIC Crude Services LP7.656% 10/10/20310.2%
Marex Group PLC6.404% 11/04/20290.2%
Gen Digital Inc6.285% 09/10/20270.2%
Occidental Petroleum Corp5.550% 10/01/20340.2%
Saturn Oil & Gas Inc9.625% 06/15/20290.2%
Osaic Holdings Inc8.685% 08/17/20280.2%
Bermuda Government International Bond5.000% 07/15/20320.2%
Virginia Electric and Power Co5.450% 04/01/20530.2%
South Bow USA Infrastructure Holdings LLC5.584% 10/01/20340.2%
MGIC Investment Corp5.250% 08/15/20280.2%
Boeing Co/The6.858% 05/01/20540.2%
Las Vegas Sands Corp6.000% 08/15/20290.2%
Dominican Republic International Bond8.625% 04/20/20270.2%
Palomino Funding Trust I7.233% 05/17/20280.2%
JSW Infrastructure Ltd4.950% 01/21/20290.2%
BankUnited Inc5.125% 06/11/20300.2%
Catalent Pharma Solutions Inc3.125% 02/15/20290.2%
Boeing Co/The5.805% 05/01/20500.2%
Asurion LLC8.050% 07/31/20270.2%
KKR CLO 15 Ltd6.182% 01/18/20320.2%
SEB Funding LLC4.969% 01/30/20520.2%
AES Corp/The7.600% 01/15/20550.2%
Liberty Utilities Co5.869% 01/31/20340.2%
Apache Corp5.250% 02/01/20420.2%
KeyCorp5.000% 12/15/21720.2%
Occidental Petroleum Corp8.875% 07/15/20300.2%
GLP Capital LP / GLP Financing II Inc5.750% 06/01/20280.2%
Wyndham Hotels & Resorts Inc6.535% 04/08/20270.2%
Energy Transfer LP6.000% 02/01/20290.2%
Marvell Technology Inc5.950% 09/15/20330.2%
Affirm Asset Securitization Trust 2023-B6.820% 09/15/20280.2%
Mattel Inc5.875% 12/15/20270.2%
Assurant Inc3.700% 02/22/20300.2%
General Motors Financial Co Inc5.600% 06/18/20310.2%
Castlelake Aviation Finance DAC5.000% 04/15/20270.2%
Hyundai Capital America6.500% 01/16/20290.2%
Gartner Inc3.750% 10/01/20300.2%
US Bancorp5.678% 01/23/20350.2%
Marathon Oil Corp5.700% 04/01/20340.2%
Constellation Energy Generation LLC6.500% 10/01/20530.2%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp7.000% 07/15/20310.2%
Panama Government International Bond7.125% 01/29/20260.2%
American Assets Trust LP6.150% 10/01/20340.2%
Intel Corp2.450% 11/15/20290.2%
Eastern Energy Gas Holdings LLC5.650% 10/15/20540.2%
General Motors Financial Co Inc5.950% 04/04/20340.2%
Synchrony Financial4.875% 06/13/20250.2%
Invitation Homes Operating Partnership LP4.875% 02/01/20350.2%
Buckeye Partners LP6.435% 11/01/20260.2%
South Bow USA Infrastructure Holdings LLC5.026% 10/01/20290.2%
Solventum Corp5.450% 03/13/20310.2%
HF Sinclair Corp5.000% 02/01/20280.2%
FactSet Research Systems Inc3.450% 03/01/20320.2%
Glencore Funding LLC2.625% 09/23/20310.2%
Bread Financial Holdings Inc9.750% 03/15/20290.2%
KeyCorp6.401% 03/06/20350.2%
Southwestern Public Service Co6.000% 06/01/20540.2%
Santander Consumer Auto Receivables Trust 2020-B7.030% 08/15/20280.2%
Permian Resources Operating LLC9.875% 07/15/20310.2%
Beacon Funding Trust6.266% 08/15/20540.2%
Macquarie Bank Ltd3.052% 03/03/20360.2%
AIB Group PLC6.608% 09/13/20290.2%
Citizens Financial Group Inc5.718% 07/23/20320.2%
Trinity Industries Inc7.750% 07/15/20280.2%
Castlelake Aviation One LLC7.697% 10/22/20270.2%
ROCK Trust 2024-CNTR5.388% 11/13/20410.2%
Minejesa Capital BV4.625% 08/10/20300.2%
Navient Corp11.500% 03/15/20310.2%
EPR Properties4.950% 04/15/20280.2%
Genesis Energy LP / Genesis Energy Finance Corp8.000% 01/15/20270.2%
Brown & Brown Inc5.650% 06/11/20340.2%
Sprint Capital Corp8.750% 03/15/20320.2%
Apache Corp5.100% 09/01/20400.2%
Avolon Holdings Funding Ltd6.375% 05/04/20280.2%
Carlyle US CLO 2024-1 Ltd6.647% 04/15/20370.2%
Oracle Corp3.850% 07/15/20360.2%
GREYWOLF CLO VII Ltd6.777% 10/20/20310.2%
Intesa Sanpaolo SpA8.248% 11/21/20330.2%
Devon Energy Corp5.200% 09/15/20340.2%
30-YR GNMA II-TBA PROD NOV6.000% 06/01/20540.2%
BAT Capital Corp6.343% 08/02/20300.2%
Aethon United BR LP / Aethon United Finance Corp7.500% 10/01/20290.2%
Mercury Financial Credit Card Master Trust6.560% 07/20/20290.1%
HAT Holdings I LLC / HAT Holdings II LLC8.000% 06/15/20270.1%
GMR Hyderabad International Airport Ltd4.250% 10/27/20270.1%
OHA Credit Partners XII Ltd6.576% 04/23/20370.1%
Discover Bank5.974% 08/09/20280.1%
Vital Energy Inc7.875% 04/15/20320.1%
Affirm Asset Securitization Trust 2024-A5.610% 02/15/20290.1%
ZF North America Capital Inc4.750% 04/29/20250.1%
Bancolombia SA8.625% 12/24/20340.1%
Biocon Biologics Global PLC6.670% 10/09/20290.1%
Hilcorp Energy I LP / Hilcorp Finance Co6.875% 05/15/20340.1%
UBS Group AG7.750% 04/12/21730.1%
YPF Energia Electrica SA7.875% 10/16/20320.1%
VICI Properties LP / VICI Note Co Inc4.625% 12/01/20290.1%
Aviation Capital Group LLC6.375% 07/15/20300.1%
Wildfire Intermediate Holdings LLC7.500% 10/15/20290.1%
Texas Capital Bancshares Inc4.000% 05/06/20310.1%
Ovintiv Inc6.500% 02/01/20380.1%
Stillwater Mining Co4.000% 11/16/20260.1%
Sorik Marapi Geothermal Power PT7.750% 08/05/20310.1%
IQVIA Inc6.407% 06/16/20270.1%
Western Alliance Bancorp3.000% 06/15/20310.1%
Moss Creek Resources Holdings Inc8.250% 09/01/20310.1%
GATX Corp6.050% 06/05/20540.1%
Black Hills Corp6.000% 01/15/20350.1%
Barings Loan Partners CLO Ltd 36.717% 07/20/20330.1%
Oncor Electric Delivery Co LLC5.650% 11/15/20330.1%
ABN AMRO Bank NV3.324% 03/13/20370.1%
SunCoke Energy Inc4.875% 06/30/20290.1%
Encino Acquisition Partners Holdings LLC8.500% 05/01/20280.1%
Pine Street Trust III6.223% 05/15/20540.1%
Bayer US Finance II LLC4.375% 12/15/20280.1%
Occidental Petroleum Corp6.450% 09/15/20360.1%
Flowserve Corp2.800% 01/15/20320.1%
APA Corp0.066% 01/30/20270.1%
General Motors Financial Co Inc5.750% 02/08/20310.1%
Colombia Government International Bond7.750% 11/07/20360.1%
Energy Transfer LP6.750% 05/15/21730.1%
Engie SA5.625% 04/10/20340.1%
Evergy Metro Inc4.950% 04/15/20330.1%
Pacific Gas and Electric Co6.150% 01/15/20330.1%
CITGO Petroleum Corp8.375% 01/15/20290.1%
Intact Financial Corp5.459% 09/22/20320.1%
Protective Life Corp8.450% 10/15/20390.1%
Brookhaven Park CLO LTD6.617% 04/19/20370.1%
Danske Bank A/S3.244% 12/20/20250.1%
TransDigm Inc6.000% 01/15/20330.1%
New York State Electric & Gas Corp5.300% 08/15/20340.1%
Narragansett Electric Co/The5.350% 05/01/20340.1%
Glencore Funding LLC5.893% 04/04/20540.1%
PPL Capital Funding Inc5.250% 09/01/20340.1%
Broadcom Inc4.150% 04/15/20320.1%
Avant Loans Funding Trust 2021-REV14.300% 07/15/20300.1%
Cadence Design Systems Inc4.700% 09/10/20340.1%
EDISON INTERNATIONAL3.550% 11/15/20240.1%
AppLovin Corp7.185% 08/16/20300.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.500% 03/15/20270.1%
American Tower Corp2.100% 06/15/20300.1%
Columbia Pipelines Holding Co LLC5.097% 10/01/20310.1%
Westpac Banking Corp2.668% 11/15/20350.1%
Eastern Gas Transmission & Storage Inc3.000% 11/15/20290.1%
Appalachian Power Co5.650% 04/01/20340.1%
ZF North America Capital Inc6.750% 04/23/20300.1%
Matador Resources Co6.250% 04/15/20330.1%
PNC Financial Services Group Inc/The5.401% 07/23/20350.1%
UBS Group AG3.869% 01/12/20290.1%
KeyBank NA/Cleveland OH5.000% 01/26/20330.1%
Bank of America Corp2.299% 07/21/20320.1%
Trimble Inc6.100% 03/15/20330.1%
California Resources Corp8.250% 06/15/20290.1%
AES Corp/The2.450% 01/15/20310.1%
Cherry Securitization Trust 2024-15.700% 04/15/20320.1%
Indianapolis Power & Light Co5.700% 04/01/20540.1%
Generate CLO 14 Ltd7.132% 04/22/20370.1%
Morgan Stanley2.239% 07/21/20320.1%
OHA Credit Funding 18 Ltd6.567% 04/20/20370.1%
Intel Corp5.700% 02/10/20530.1%
Evergy Kansas Central Inc5.900% 11/15/20330.1%
Enel Finance International NV5.125% 06/26/20290.1%
BNP Paribas SA4.375% 03/01/20330.1%
Madison Park Funding XXIX LTD6.432% 10/18/20300.1%
Air Lease Corp5.200% 07/15/20310.1%
UBS Group AG2.746% 02/11/20330.1%
Transocean Inc7.500% 04/15/20310.1%
EQT Corp5.750% 02/01/20340.1%
Chase Home Lending Mortgage Trust 2024-RPL43.375% 12/25/20640.1%
15-YR UMBS-TBA PROD DEC2.500% 10/01/20360.1%
Solvay Finance America LLC5.650% 06/04/20290.1%
Amentum Holdings Inc6.935% 09/29/20310.1%
OCP SA7.500% 05/02/20540.1%
FORD MOTOR CREDIT CO LLC6.054% 11/05/20310.1%
Calpine Corp0.000% 01/31/20310.1%
CITADEL SECURITIES LP0.000% 10/31/20310.1%
IRB Infrastructure Developers Ltd7.110% 03/11/20320.1%
Victoria's Secret & Co4.625% 07/15/20290.1%
Interstate Power and Light Co4.950% 09/30/20340.1%
WE Soda Investments Holding PLC9.500% 10/06/20280.1%
Manufacturers & Traders Trust Co4.650% 01/27/20260.1%
EquipmentShare.com Inc9.000% 05/15/20280.1%
Sonoco Products Co4.600% 09/01/20290.1%
Targa Resources Partners LP / Targa Resources Partners Finance Corp5.000% 01/15/20280.1%
Columbia Pipelines Operating Co LLC5.927% 08/15/20300.1%
IPALCO Enterprises Inc5.750% 04/01/20340.1%
GreenSky Home Improvement Trust 2024-15.550% 06/25/20590.1%
Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL5.250% 04/27/20290.1%
PetSmart Inc / PetSmart Finance Corp7.750% 02/15/20290.1%
Toronto-Dominion Bank/The5.146% 09/10/20340.1%
FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple7.250% 01/31/20410.1%
Viterra Finance BV4.900% 04/21/20270.1%
DRIVEN BRANDS FUNDING LLC7.393% 10/20/20520.1%
Navient Corp6.750% 06/25/20250.1%
FirstEnergy Transmission LLC4.550% 04/01/20490.1%
Genting New York LLC / GENNY Capital Inc7.250% 10/01/20290.1%
MSCI Inc3.625% 09/01/20300.1%
NRG Energy Inc0.000% 04/16/20310.1%
Morgan Stanley5.320% 07/19/20350.1%
Constellation Energy Generation LLC6.250% 10/01/20390.1%
Oceaneering International Inc6.000% 02/01/20280.1%
Nigeria Government International Bond6.125% 09/28/20280.1%
Park River Holdings Inc6.750% 08/01/20290.1%
Freedom Mortgage Corp12.000% 10/01/20280.1%
AIB Group PLC5.871% 03/28/20350.1%
Dryden 107 CLO Ltd8.118% 08/15/20350.1%
NGL Energy Operating LLC / NGL Energy Finance Corp8.375% 02/15/20320.1%
Prologis Targeted US Logistics Fund LP5.250% 01/15/20350.1%
Panama Government International Bond7.500% 03/01/20310.1%
Matador Resources Co6.500% 04/15/20320.1%
ION Trading Technologies Sarl9.500% 05/30/20290.1%
Eni SpA5.500% 05/15/20340.1%
Wells Fargo & Co5.574% 07/25/20290.1%
Global Atlantic Fin Co4.700% 10/15/20510.1%
Freedom Mortgage Holdings LLC9.250% 02/01/20290.1%
Entergy Texas Inc5.800% 09/01/20530.1%
Romanian Government International Bond5.750% 03/24/20350.1%
Chord Energy Corp6.375% 06/01/20260.1%
Rain Carbon Inc12.250% 09/01/20290.1%
Avangrid Inc3.800% 06/01/20290.1%
Hilcorp Energy I LP / Hilcorp Finance Co7.250% 02/15/20350.1%
Newell Brands Inc4.875% 06/01/20250.1%
TransDigm Inc5.500% 11/15/20270.1%
Walgreens Boots Alliance Inc8.125% 08/15/20290.1%
Navoi Mining & Metallurgical Combinat6.950% 10/17/20310.1%
CDW LLC / CDW Finance Corp5.100% 03/01/20300.1%
Ford Motor Credit Co LLC6.800% 05/12/20280.1%
Assurant Inc2.650% 01/15/20320.1%
Vistra Operations Co LLC0.000% 12/20/20300.1%
UBS Group AG4.988% 08/05/20330.1%
Sierra Timeshare 2024-3 Receivables Funding LLC6.930% 08/20/20410.1%
Pacific Gas and Electric Co6.700% 04/01/20530.1%
FMG Resources August 2006 Pty Ltd5.875% 04/15/20300.1%
SM Energy Co7.000% 08/01/20320.1%
Eastern Gas Transmission & Storage Inc4.600% 12/15/20440.1%
Coca-Cola Consolidated Inc5.450% 06/01/20340.1%
Morgan Stanley5.297% 04/20/20370.1%
Ovintiv Inc6.625% 08/15/20370.1%
Aramark Services Inc6.685% 06/22/20300.1%
Ecopetrol SA7.750% 02/01/20320.1%
30-YR UMBS-TBA PROD NOV6.500% 07/01/20530.1%
Nabors Industries Inc8.875% 08/15/20310.1%
KeyCorp2.250% 04/06/20270.1%
Cerdia Finanz GmbH9.375% 10/03/20310.1%
Truist Financial Corp5.867% 06/08/20340.1%
Boeing Co/The6.298% 05/01/20290.1%
Viterra Finance BV2.000% 04/21/20260.1%
Kraken Oil & Gas Partners LLC7.625% 08/15/20290.1%
US Bancorp3.700% 01/15/21730.1%
Encino Acquisition Partners Holdings LLC8.750% 05/01/20310.1%
Interest Rate Swap3.138% 05/15/20340.1%
Avolon Holdings Funding Ltd2.750% 02/21/20280.1%
PBF Holding Co LLC / PBF Finance Corp7.875% 09/15/20300.1%
Choice Hotels International Inc3.700% 01/15/20310.1%
Transocean Inc8.250% 05/15/20290.1%
Madison Park Funding XIV Ltd6.432% 10/22/20300.1%
GRACIE POINT INTERNATIONAL FUNDING 2023-17.318% 09/01/20260.1%
Westpac Banking Corp4.322% 11/23/20310.1%
PNC Financial Services Group Inc/The5.676% 01/22/20350.1%
Triton Container International Ltd / TAL International Container Corp3.250% 03/15/20320.1%
Dominion Energy Inc6.875% 02/01/20550.1%
Macquarie Airfinance Holdings Ltd5.150% 03/17/20300.1%
LPL Holdings Inc6.694% 11/12/20260.1%
BNP Paribas SA8.000% 08/22/21730.1%
Seminole Tribe of Florida Inc/The5.785% 05/13/20270.1%
Alimentation Couche-Tard Inc5.617% 02/12/20540.1%
DTE Energy Co3.400% 06/15/20290.1%
BAT Capital Corp5.834% 02/20/20310.1%
Entergy Texas Inc5.550% 09/15/20540.1%
Directv Financing LLC9.847% 08/02/20270.1%
Ashtead Capital Inc5.800% 04/15/20340.1%
Spire Missouri Inc5.150% 08/15/20340.1%
Buckeye Partners LP6.685% 11/22/20300.1%
Serbia International Bond6.000% 06/12/20340.1%
NatWest Group PLC8.125% 06/30/21730.1%
Aramark Services Inc6.685% 04/06/20280.1%
TEREX CORPORATION6.685% 10/08/20310.1%
Bancolombia SA4.625% 12/18/20290.1%
Monongahela Power Co5.850% 02/15/20340.1%
Setanta Aircraft Leasing DAC6.354% 11/05/20280.1%
ICON Luxembourg Sarl6.604% 07/03/20280.1%
Octagon Loan Funding Ltd6.543% 11/18/20310.1%
Aviation Capital Group LLC3.500% 11/01/20270.1%
GGAM Finance Ltd8.000% 02/15/20270.1%
M&T Bank Corp5.053% 01/27/20340.1%
Intesa Sanpaolo SpA4.198% 06/01/20320.1%
FirstEnergy Transmission LLC5.000% 01/15/20350.1%
Permian Resources Operating LLC6.250% 02/01/20330.1%
Pluspetrol Camisea SA / Pluspetrol Lote 56 SA6.240% 07/03/20360.1%
Diamond Foreign Asset Co / Diamond Finance LLC8.500% 10/01/20300.1%
Ferguson Enterprises Inc5.000% 10/03/20340.1%
AmeriTex HoldCo Intermediate LLC10.250% 10/15/20280.1%
First American Financial Corp5.450% 09/30/20340.1%
Milford Park CLO Ltd6.717% 07/20/20350.1%
General Motors Financial Co Inc5.850% 04/06/20300.1%
Macquarie Airfinance Holdings Ltd6.500% 03/26/20310.1%
VICI Properties LP6.125% 04/01/20540.1%
Macquarie Group Ltd2.691% 06/23/20320.1%
Affirm Asset Securitization Trust 2024-A5.610% 02/15/20290.1%
Aircastle Ltd5.950% 02/15/20290.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.875% 04/15/20450.1%
Transocean Aquila Ltd8.000% 09/30/20280.1%
Hilton Grand Vacations Trust 2024-1B8.850% 09/15/20390.1%
Crescent Energy Finance LLC7.625% 04/01/20320.1%
Santander Consumer Auto Receivables Trust 2021-A5.790% 08/15/20280.1%
US Bancorp4.967% 07/22/20330.1%
Catalent Pharma Solutions Inc7.745% 02/22/20280.1%
Sierra Timeshare 2024-2 Receivables Funding LLC7.480% 06/20/20410.1%
DRIVEN BRANDS FUNDING LLC6.372% 10/20/20540.1%
Universal Health Services Inc5.050% 10/15/20340.1%
Topaz Solar Farms LLC5.750% 09/30/20390.1%
APi Group DE Inc6.685% 01/03/20290.1%
Citizens Financial Group Inc5.841% 01/23/20300.1%
Madison Park Funding XLII Ltd6.379% 11/21/20300.0%
Madison Park Funding LVIII Ltd6.576% 04/25/20370.0%
Centene Corp4.250% 12/15/20270.0%
Stream Innovations 2024-1 Issuer Trust6.270% 07/15/20440.0%
Clarios Global LP / Clarios US Finance Co8.500% 05/15/20270.0%
Interest Rate Swap5.187% 07/12/20250.0%
Phillips Edison Grocery Center Operating Partnership I LP5.750% 07/15/20340.0%
GS Mortgage Securities Corp Trust 2021-ROSS9.700% 05/15/20260.0%
US 5YR NOTE (CBT) Dec240.000% 01/06/20250.0%
Six Flags Entertainment Corp6.845% 05/01/20310.0%
Centrais Eletricas Brasileiras SA3.625% 02/04/20250.0%
Carvana Auto Receivables Trust 2019-44.700% 10/15/20260.0%
Foundry JV Holdco LLC5.900% 01/25/20300.0%
Sierra Timeshare 2024-1 Receivables Funding LLC8.020% 01/20/20430.0%
30-YR UMBS-TBA PROD NOV7.000% 07/01/20530.0%
AEGEA FINANCE SARL9.000% 01/20/20310.0%
Lightstone Holdco LLC10.335% 01/29/20270.0%
First Quantum Minerals Ltd6.875% 10/15/20270.0%
ICON Luxembourg Sarl6.604% 07/03/20280.0%
Lightstone Holdco LLC10.335% 01/29/20270.0%
Galaxy XXI CLO Ltd5.899% 04/20/20310.0%
Vector Group Ltd10.500% 11/01/20260.0%
FX USD/CAD 11/240.000% 11/22/20240.0%
Hudsons Bay Simon JV Trust 2015-HBS0.541% 08/05/20340.0%
GS Mortgage Securities Trust 2015-GS10.178% 11/10/20480.0%
Government National Mortgage Association0.388% 07/16/20540.0%
CPI Swap0.010% 07/15/20250.0%
Credit Index Swap1.000% 06/20/20290.0%
Hudsons Bay Simon JV Trust 2015-HBS0.493% 08/05/20340.0%
OGX Austria GmbH8.500% 06/01/20180.0%
US 2YR NOTE (CBT) Dec240.000% 01/06/20250.0%
Interest Rate Swap3.960% 11/15/20330.0%
US LONG BOND(CBT) Dec240.000% 12/31/2024-0.3%
US ULTRA BOND CBT Dec240.000% 12/31/2024-0.6%

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 12/10/2024
$0.12133
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 11/30/2024 $0.01086 $2.47
Daily Daily 10/31/2024 $0.01106 $2.45
Daily Daily 09/30/2024 $0.01074 $2.51
Daily Daily 08/31/2024 $0.01151 $2.49
Daily Daily 07/31/2024 $0.01120 $2.46
Daily Daily 06/30/2024 $0.01141 $2.42
Daily Daily 05/31/2024 $0.01120 $2.41
Daily Daily 04/30/2024 $0.01110 $2.37
Daily Daily 03/31/2024 $0.01109 $2.44
Daily Daily 02/29/2024 $0.01049 $2.41
Daily Daily 01/31/2024 $0.01068 $2.45

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 12/31/2024

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 $0.0469 $0.0022 $0.0491 $2.94
*

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 12/10/2024

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $2.53
$100,000 to $249,999 1.75% 1.50% $2.51
$250,000 to $499,999 1.25% 1.00% $2.50
Greater than $500,000 0.00% 1.00% $2.47

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.

For Sales Charge Reductions and Waivers View Full Disclosure

SALES CHARGE REDUCTIONS AND WAIVERS

Please inform the fund company or your financial intermediary at the time of your purchase of fund shares if you believe you qualify for a reduced front-end sales charge.

Reducing Your Class A Share Front-End Sales Charge
You may purchase Class A shares at a discount if you qualify under the circumstances outlined below. To receive a reduced front-end sales charge, you must let the fund or your financial intermediary know at the time of your purchase of fund shares that you believe you qualify for a discount. If you or a related party have holdings of eligible funds (as defined below) in other accounts with your financial intermediary or with other financial intermediaries that may be combined with your current purchases in determining the sales charge as described below, you must inform a fund or your financial intermediary. You may be asked to provide supporting account statements or other information to allow us or your financial intermediary to verify your eligibility for a discount. If you or your financial intermediary do not notify a fund or provide the requested information, you may not receive the reduced sales charge for which you otherwise qualify. Class A shares may be purchased at a discount if you qualify under either of the following conditions:

  • Rights of Accumulation - A Purchaser (as defined below) may combine thevalue of Class A, A1, C, F, and P shares of any Eligible Fund currentlyowned with a new purchase of Class A shares of any Eligible Fund in orderto reduce the sales charge on the new purchase. Class F3, I, R2, R3, R4, R5,and R6 share holdings may not be combined for these purposes.To the extent that your financial intermediary is able to do so, the value ofClass A, A1, C, F, and P shares of Eligible Funds determined for the purposeof reducing the sales charge of a new purchase under the Rights ofAccumulation will be calculated at the higher of: (1) the aggregate currentmaximum offering price of your existing Class A, A1, C, F, and P shares ofEligible Funds; or (2) the aggregate amount you invested in such shares(including dividend reinvestments but excluding capital appreciation) less anyredemptions. You should retain any information and account recordsnecessary to substantiate the historical amounts you and any relatedPurchasers have invested in Eligible Funds. You must inform the Fund and/or your financial intermediary at the time of purchase if you believe yourpurchase qualifies for a reduced sales charge and you may be requested toprovide documentation of your holdings in order to verify your eligibility. Ifyou do not do so, you may not receive all sales charge reductions for whichyou are eligible.

  • Letter of Intention — In order to reduce your Class A front-end salescharge, a Purchaser may combine purchases of Class A, A1, C, F, and Pshares of any Eligible Fund the Purchaser intends to make over the next13 months in determining the applicable sales charge. The 13-month Letterof Intention period commences on the day that the Letter of Intention isreceived by the Fund, and the Purchaser must tell the Fund that laterpurchases are subject to the Letter of Intention. Purchases submitted prior tothe date the Letter of Intention is received by the Fund are not countedtoward the sales charge reduction. Current holdings under Rights ofAccumulation may be included in a Letter of Intention in order to reduce thesales charge for purchases during the 13-month period covered by the Letterof Intention. Shares purchased through reinvestment of dividends ordistributions are not included. Class F3, I, R2, R3, R4, R5, and R6 shareholdings may not be combined for these purposes. Class A and A1 shares valued at up to 5% of the amount of intended purchases are escrowed andmay be redeemed to cover the additional sales charges payable if the intendedpurchases under the Letter of Intention are not completed. The Letter ofIntention is neither a binding obligation on you to buy, nor on the Fund tosell, any or all of the intended purchase amount.

Purchaser — A Purchaser includes: (1) an individual; (2) an individual, his or her spouse, domestic partner, and childrenunder the age of 21; (3) retirement and benefit plansincluding a 401(k) plan, profit-sharing plan, moneypurchase plan, defined benefit plan, and 457(b) plan sponsored by a governmental entity, non-profitorganization, school district or church to which employer contributions are made, as well as SIMPLE IRAplans and SEP-IRA plans; or (4) a trustee or other fiduciary purchasing shares for a single trust, estate orsingle fiduciary account or a trust established by the individual as grantor. An individual may include underitem (1) his or her holdings in Eligible Funds as described below in IRAs, as a sole participant of aretirement and benefit plan sponsored by the individual’s business, and as a participant in a 403(b) plan towhich only pre-tax salary deferrals are made. An individual, his or her spouse, and domestic partner mayinclude under item (2) their holdings in IRAs, and as the sole participants in retirement and benefit planssponsored by a business owned by either or both of them. A retirement and benefit plan under item (3)includes all qualified retirement and benefit plans of a single employer and its consolidated subsidiaries,and all qualified retirement and benefit plans of multiple employers registered in the name of a singlebank trustee.

Eligible fund — An eligible fund is any Lord Abbett-sponsored fund except for (1) each portfolio of Lord Abbett Series Fund, Inc., (2) Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. ("Money Market Fund") (except for holdings in Money Market Fund, which are attributable to any shares exchanged from the Lord Abbett-sponsored funds), and (3) any other fund the shares of which are not available to the investor at the time of the transaction due to a limitation on the offering of a fund's shares.

Front-end Sales Charge Waivers
Class A shares may be purchased without a front-end sales charge under any of the following conditions:

  • purchases of $1 million or more (may be subject to a CDSC);
  • purchases by retirement and benefit plans with at least 100 eligible employees (may be subject to a CDSC);
  • purchases for retirement and benefit plans made through financial intermediaries that perform participant recordkeeping or other administrative services for the plans and that have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases (may be subject to a CDSC);
  • purchases made by or on behalf of financial intermediaries for clients that pay the financial intermediaries fees in connection with fee-based advisory program, provided that the financial intermediaries or their trading agents have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases; and
  • certain other types of investors may qualify to purchase Class A share without a front-end sales charge as described in the Statement of Additional Information (SAI).

 

Expense Ratioas of 11/30/2024

Fund Gross Expense Ratio 0.73%
Fund Net Expense Ratio 0.73%

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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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

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.

 

2

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

 

3

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 A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

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 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.

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