LAGVX | Income Fund Class A | Lord Abbett

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

 

Income Fund

Track this Fund
Add to Hypo Tool

Daily price w/o sales charge as of 03/24/2025

$2.43

arrowDown$0.01

YTD Returns w/o sales charge as of 03/24/2025

2.15%

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 02/28/2025

5.85%

30-Day Standardized Yield 1 as of 02/28/2025  

  Subsidized2 Un-Subsidized3
w/o sales charge 5.15% 5.14%

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

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

Fund Basicsas of 02/28/2025

Total Net Assets
$5.71 B
Inception Date
09/19/1932*
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.73%
Fund Net Expense Ratio
0.73%
Number of Holdings
589
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 3.03% 7.84% 0.63% 0.83% 2.67% 6.93%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 2.71% 6.38% -0.15% -0.09% 2.14% -
Bloomberg U.S. Credit Bond Index 2.61% 6.41% 0.35% 0.02% 2.37% 7.63%
w/ sales charge 0.53% 5.22% -0.08% 0.36% 2.43% 6.87%

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 3.43% 3.43% -1.70% 0.76% 2.55% 6.88%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 2.15% 2.15% -2.59% 0.06% 1.94% -
Bloomberg U.S. Credit Bond Index 2.03% 2.03% -2.20% 0.23% 2.29% 7.60%
w/ sales charge 0.97% 0.97% -2.47% 0.28% 2.30% 6.83%

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
Sovereign
U.S. Government Related
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 02/28/2025 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

27 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Co-Head of Taxable Fixed Income

34 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner, Portfolio Manager

31 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

24 Years of Industry Experience

Yoana N. Koleva
Yoana N. Koleva, CFA

Partner, Portfolio Manager

22 Years of Industry Experience

Eric P. Kang
Eric P. Kang

Partner, Portfolio Manager

26 Years of Industry Experience

Supported By 84 Investment Professionals with 17 Years Avg. Industry Experience

Contact a Representative

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

Performance

Performance

Average Yield to Maturity as of 02/28/2025

5.85%

30-Day Standardized Yield 1 as of 02/28/2025  

  Subsidized2 Un-Subsidized3
w/o sales charge 5.15% 5.14%

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 3.03% 7.84% 0.63% 0.83% 2.67% 6.93%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 2.71% 6.38% -0.15% -0.09% 2.14% -
Bloomberg U.S. Credit Bond Index 2.61% 6.41% 0.35% 0.02% 2.37% 7.63%
w/ sales charge 0.53% 5.22% -0.08% 0.36% 2.43% 6.87%

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 3.43% 3.43% -1.70% 0.76% 2.55% 6.88%
Lipper Category Avg. Corporate Debt Funds BBB-Rated 2.15% 2.15% -2.59% 0.06% 1.94% -
Bloomberg U.S. Credit Bond Index 2.03% 2.03% -2.20% 0.23% 2.29% 7.60%
w/ sales charge 0.97% 0.97% -2.47% 0.28% 2.30% 6.83%

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
2024 3.43% 2.03%
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% -
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% -
Year Q1 Q2 Q3 Q4
2025 - - - -
2024 0.51% 0.58% 5.12% -2.67%
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 02/28/2025

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
Sovereign
U.S. Government Related
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 02/28/2025

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 02/28/2025

Total Net Assets
$5.71 B
Average Effective Duration
6.64 Years
Average Life
6.7 Years
Average Maturity
6.7 Years
Number of Issues
589
Average Yield to Maturity
5.85%

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
30-YR UMBS-TBA PROD APR 5.000% 09/01/2054 1.5%
15-YR UMBS-TBA PROD APR 5.500% 05/01/2039 1.3%
30-YR UMBS-TBA PROD APR 5.500% 12/01/2054 1.2%
15-YR UMBS-TBA PROD APR 6.000% 12/01/2038 0.9%
30-YR GNMA II-TBA PROD MAR 5.500% 10/01/2054 0.8%
BAT Capital Corp 7.750% 10/19/2032 0.8%
Continental Resources Inc/OK 5.750% 01/15/2031 0.8%
Sprint Capital Corp 6.875% 11/15/2028 0.8%
Broadcom Inc 5.697% 11/22/2028 0.7%
Uber Technologies Inc 4.500% 08/15/2029 0.7%
% of Total Assets 9.5%
Holding Coupon Maturity Assets
30-YR UMBS-TBA PROD MAR5.000% 09/01/20541.4%
30-YR UMBS-TBA PROD MAR5.500% 04/01/20541.3%
15-YR UMBS-TBA PROD MAR5.500% 01/01/20391.2%
15-YR UMBS-TBA PROD MAR6.000% 12/01/20381.0%
Broadcom Inc5.675% 11/22/20280.8%
BAT Capital Corp7.750% 10/19/20320.8%
Sprint Capital Corp6.875% 11/15/20280.8%
Continental Resources Inc/OK5.750% 01/15/20310.8%
Uber Technologies Inc4.500% 08/15/20290.7%
30-YR GNMA II-TBA PROD MAR6.000% 06/01/20540.7%
30-YR GNMA II-TBA PROD MAR5.500% 09/01/20540.7%
30-YR UMBS-TBA PROD MAR6.000% 02/01/20540.7%
Charter Communications Operating LLC6.559% 12/15/20310.6%
JPMorgan Chase & Co4.912% 07/25/20330.6%
United States Treasury Note/Bond4.125% 08/15/20440.6%
15-YR UMBS-TBA PROD MAR5.000% 09/01/20390.5%
VICI Properties LP / VICI Note Co Inc4.625% 06/15/20250.5%
Flutter Financing BV6.049% 11/25/20300.5%
LPL Holdings Inc4.375% 05/15/20310.5%
Viper Energy Inc7.375% 11/01/20310.5%
Expand Energy Corp5.375% 02/01/20290.5%
Directv Financing LLC / Directv Financing Co-Obligor Inc5.875% 08/15/20270.5%
Ford Motor Credit Co LLC6.125% 03/08/20340.5%
Avolon TLB Borrower 1 US LLC6.063% 06/24/20300.5%
Broadcom Inc3.469% 04/15/20340.5%
Warnermedia Holdings Inc3.755% 03/15/20270.5%
Centene Corp3.375% 02/15/20300.5%
Tempur Sealy International Inc6.805% 10/24/20310.5%
Enbridge Inc8.500% 01/15/20840.4%
Carnival Corp5.750% 03/01/20270.4%
Vontier Corp2.950% 04/01/20310.4%
Crown Castle Inc3.300% 07/01/20300.4%
Pacific Gas and Electric Co4.550% 07/01/20300.4%
30-YR GNMA II-TBA PROD FEB5.500% 09/01/20540.4%
30-YR UMBS-TBA PROD FEB5.000% 09/01/20540.4%
Regal Rexnord Corp6.300% 02/15/20300.4%
Jane Street Group / JSG Finance Inc7.125% 04/30/20310.4%
NGPL PipeCo LLC4.875% 08/15/20270.4%
Hasbro Inc6.050% 05/14/20340.4%
Silver Point CLO 7 LTD5.645% 01/15/20380.4%
Boeing Co/The5.150% 05/01/20300.4%
General Motors Financial Co Inc4.900% 10/06/20290.4%
Puget Energy Inc4.100% 06/15/20300.4%
Ford Motor Credit Co LLC3.375% 11/13/20250.4%
Solventum Corp5.900% 04/30/20540.4%
American Tower Corp3.800% 08/15/20290.3%
RAD CLO 27 Ltd5.611% 01/15/20380.3%
MSCI Inc3.625% 11/01/20310.3%
Asurion LLC7.673% 07/30/20270.3%
JT International Financial Services BV6.875% 10/24/20320.3%
Discovery Communications LLC3.950% 03/20/20280.3%
Aircastle Ltd6.500% 07/18/20280.3%
Crescent Energy Finance LLC9.250% 02/15/20280.3%
Canadian Imperial Bank of Commerce6.950% 01/28/20850.3%
UBS Group AG6.537% 08/12/20330.3%
EQT Corp7.000% 02/01/20300.3%
Regal Rexnord Corp6.050% 04/15/20280.3%
Petroleos Mexicanos6.490% 01/23/20270.3%
Southwest Gas Corp4.050% 03/15/20320.3%
ACE Capital Trust II9.700% 04/01/20300.3%
New Mountain CLO 2 Ltd5.719% 01/15/20380.3%
Clarios Global LP / Clarios US Finance Co8.500% 05/15/20270.3%
Viterra Finance BV3.200% 04/21/20310.3%
Imperial Brands Finance PLC6.125% 07/27/20270.3%
Energy Transfer LP6.000% 02/01/20290.3%
30-YR UMBS-TBA PROD MAR6.500% 07/01/20530.3%
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%
Bacardi Ltd / Bacardi-Martini BV5.400% 06/15/20330.3%
AT&T Inc3.500% 09/15/20530.3%
Neuberger Berman Loan Advisers Clo 50 Ltd5.540% 07/23/20360.3%
TICP CLO VII Ltd6.202% 04/15/20330.3%
Solventum Corp5.680% 02/16/20270.3%
CNO Financial Group Inc6.450% 06/15/20340.3%
Citigroup Inc2.561% 05/01/20320.3%
Avolon Holdings Funding Ltd4.250% 04/15/20260.3%
Concentrix Corp6.600% 08/02/20280.3%
UL Solutions Inc6.500% 10/20/20280.3%
Arch Capital Group Ltd7.350% 05/01/20340.3%
522 Funding CLO 2020-6 Ltd5.490% 10/23/20340.3%
Bayer Corp/NJ6.650% 02/15/20280.3%
NatWest Group PLC3.032% 11/28/20350.3%
Indika Energy Tbk PT8.750% 05/07/20290.3%
Baytex Energy Corp8.500% 04/30/20300.3%
Dominican Republic International Bond8.625% 04/20/20270.3%
Ford Motor Co9.625% 04/22/20300.3%
Celanese US Holdings LLC6.600% 11/15/20280.3%
Bayer US Finance LLC6.500% 11/21/20330.3%
Ecopetrol SA8.375% 01/19/20360.3%
Block Inc6.500% 05/15/20320.3%
Stream Innovations 2024-2 Issuer Trust5.210% 02/15/20450.3%
Genesee & Wyoming Inc6.099% 04/10/20310.3%
Oracle Corp6.125% 07/08/20390.3%
30-YR GNMA II-TBA PROD FEB6.000% 06/01/20540.3%
CPS Auto Receivables Trust 2022-B7.140% 10/15/20290.3%
Entegris Inc4.750% 04/15/20290.3%
Goldman Sachs Group Inc/The2.383% 07/21/20320.3%
Energy Transfer LP6.750% 05/15/21730.3%
Kinder Morgan Inc5.400% 02/01/20340.3%
Intesa Sanpaolo SpA6.625% 06/20/20330.3%
Texas Natural Gas Securitization Finance Corp5.169% 04/01/20410.3%
Booz Allen Hamilton Inc3.875% 09/01/20280.3%
Calpine Corp6.049% 02/27/20320.3%
Calpine Corp6.049% 01/31/20310.3%
Oracle Corp5.375% 07/15/20400.3%
Bacardi-Martini BV6.000% 02/01/20350.3%
Virgin Media Bristol LLC6.921% 01/31/20280.3%
Imperial Brands Finance PLC5.500% 02/01/20300.3%
Oklahoma Gas and Electric Co5.600% 04/01/20530.3%
Benefit Street Partners CLO XXXVIII Ltd5.623% 01/25/20380.3%
HA Sustainable Infrastructure Capital Inc6.375% 07/01/20340.3%
CARLYLE US CLO 2018-2 Ltd6.102% 10/15/20310.3%
OCP CLO 2024-31 Ltd6.293% 04/20/20370.3%
International Flavors & Fragrances Inc1.230% 10/01/20250.3%
Helmerich & Payne Inc5.500% 12/01/20340.3%
Trans Union LLC6.052% 06/24/20310.3%
Fresenius Medical Care US Finance III Inc3.000% 12/01/20310.3%
Liberty Utilities Co5.869% 01/31/20340.3%
Global Atlantic Fin Co7.950% 06/15/20330.3%
NRG Energy Inc4.450% 06/15/20290.3%
Bank of America Corp2.687% 04/22/20320.3%
Morgan Stanley6.342% 10/18/20330.3%
Atlassian Corp5.500% 05/15/20340.3%
Wells Fargo & Co3.350% 03/02/20330.2%
Citigroup Inc6.174% 05/25/20340.2%
Gen Digital Inc5.902% 09/13/20270.2%
Romanian Government International Bond5.750% 03/24/20350.2%
Rakuten Group Inc11.250% 02/15/20270.2%
Toronto-Dominion Bank/The7.250% 07/31/20840.2%
Romark CLO Ltd6.202% 10/23/20300.2%
HCA Inc5.600% 04/01/20340.2%
Talos Production Inc9.375% 02/01/20310.2%
nVent Finance Sarl4.550% 04/15/20280.2%
HCA Inc5.450% 09/15/20340.2%
Goodman US Finance Six LLC5.125% 10/07/20340.2%
Bank of Montreal7.700% 05/26/20840.2%
PNC Financial Services Group Inc/The3.400% 12/15/21730.2%
Vistra Operations Co LLC5.700% 12/30/20340.2%
Emera Inc6.750% 06/15/20760.2%
RR 12 Ltd5.902% 01/15/20360.2%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.950% 09/10/20340.2%
Expand Energy Corp5.875% 02/01/20290.2%
BNP Paribas SA7.750% 02/16/21730.2%
GXO Logistics Inc6.500% 05/06/20340.2%
Affirm Asset Securitization Trust 2024-B4.620% 09/15/20290.2%
HCA Inc5.950% 09/15/20540.2%
Dryden 38 Senior Loan Fund6.102% 07/15/20300.2%
Piedmont Natural Gas Co Inc5.100% 02/15/20350.2%
Iron Mountain Inc6.409% 01/31/20310.2%
Madison Park Funding LVII Ltd6.000% 07/27/20340.2%
Cedar Funding VII Clo Ltd6.093% 01/20/20310.2%
Synchrony Financial4.500% 07/23/20250.2%
Citizens Financial Group Inc6.645% 04/25/20350.2%
Targa Resources Partners LP / Targa Resources Partners Finance Corp4.875% 02/01/20310.2%
Colombia Government International Bond7.500% 02/02/20340.2%
Boeing Co/The6.528% 05/01/20340.2%
Avis Budget Rental Car Funding AESOP LLC3.710% 08/20/20270.2%
Antero Resources Corp7.625% 02/01/20290.2%
Duquesne Light Holdings Inc2.775% 01/07/20320.2%
Aon Corp8.205% 01/01/20270.2%
Elanco Animal Health Inc6.159% 08/02/20270.2%
Allied Universal Holdco LLC / Allied Universal Finance Corp9.750% 07/15/20270.2%
Bermuda Government International Bond2.375% 08/20/20300.2%
GLP Capital LP / GLP Financing II Inc5.625% 09/15/20340.2%
Anchorage Capital CLO 30 Ltd5.615% 01/20/20370.2%
DTE Energy Co2.950% 03/01/20300.2%
ZF North America Capital Inc6.750% 04/23/20300.2%
DaVita Inc6.313% 05/09/20310.2%
KFC Holding Co6.171% 03/15/20280.2%
Chile Electricity Lux Mpc II Sarl5.580% 10/20/20350.2%
Hungary Government International Bond5.250% 06/16/20290.2%
Targa Resources Partners LP / Targa Resources Partners Finance Corp6.875% 01/15/20290.2%
Benefit Street Partners CLO XVIII Ltd6.264% 10/15/20340.2%
Saturn Oil & Gas Inc9.625% 06/15/20290.2%
IPALCO Enterprises Inc4.250% 05/01/20300.2%
VICI Properties LP / VICI Note Co Inc4.625% 12/01/20290.2%
Castlelake Aviation Finance DAC5.000% 04/15/20270.2%
Saks Global Enterprises LLC11.000% 12/15/20290.2%
Civitas Resources Inc8.750% 07/01/20310.2%
Truist Financial Corp5.711% 01/24/20350.2%
Genesis Energy LP / Genesis Energy Finance Corp8.000% 01/15/20270.2%
F&G Annuities & Life Inc7.400% 01/13/20280.2%
Comstock Resources Inc5.875% 01/15/20300.2%
Jacobs Engineering Group Inc5.900% 03/01/20330.2%
Brown & Brown Inc4.200% 03/17/20320.2%
Spirit AeroSystems Inc9.750% 11/15/20300.2%
Barclays PLC9.625% 03/15/21730.2%
Kinetic Advantage Master Owner Trust7.057% 11/15/20270.2%
Vermilion Energy Inc6.875% 05/01/20300.2%
PNC Financial Services Group Inc/The6.875% 10/20/20340.2%
Intel Corp3.150% 05/11/20270.2%
Octane Receivables Trust 2022-25.850% 07/20/20280.2%
Regatta XXII Funding Ltd5.993% 07/20/20350.2%
JPMorgan Chase & Co2.963% 01/25/20330.2%
Eni SpA5.700% 10/01/20400.2%
Oglethorpe Power Corp6.200% 12/01/20530.2%
US Bancorp4.839% 02/01/20340.2%
Amentum Holdings Inc6.561% 09/29/20310.2%
30-YR GNMA II-TBA PROD FEB6.500% 04/01/20540.2%
Greenko Wind Projects Mauritius Ltd5.500% 04/06/20250.2%
Citigroup Inc5.827% 02/13/20350.2%
30-YR UMBS-TBA PROD FEB5.500% 04/01/20540.2%
Evergy Missouri West Inc5.650% 06/01/20340.2%
Wells Fargo & Co6.491% 10/23/20340.2%
Workday Inc3.800% 04/01/20320.2%
Triumph Group Inc9.000% 03/15/20280.2%
Crowdstrike Holdings Inc3.000% 02/15/20290.2%
Liberty Utilities Finance GP 12.050% 09/15/20300.2%
30-YR GNMA II-TBA PROD MAR6.500% 04/01/20540.2%
Ovintiv Inc7.100% 07/15/20530.2%
Wyndham Hotels & Resorts Inc6.163% 04/08/20270.2%
Aircastle Ltd2.850% 01/26/20280.2%
Coterra Energy Inc5.600% 03/15/20340.2%
Republic of Uzbekistan International Bond7.850% 10/12/20280.2%
JSW Infrastructure Ltd4.950% 01/21/20290.2%
TGNR Intermediate Holdings LLC5.500% 10/15/20290.2%
Fairstone Financial Issuance Trust I5.162% 10/20/20390.2%
Rad CLO 20 Ltd7.293% 07/20/20360.2%
Coronado Finance Pty Ltd9.250% 10/01/20290.2%
NAUTILUS POWER LLC9.801% 11/16/20260.2%
Bank of Nova Scotia/The8.000% 01/27/20840.2%
Cheniere Energy Partners LP5.750% 08/15/20340.2%
Trivium Packaging Finance BV8.500% 08/15/20270.2%
Aircastle Ltd / Aircastle Ireland DAC5.750% 10/01/20310.2%
EQM Midstream Partners LP6.375% 04/01/20290.2%
Greensaif Pipelines Bidco Sarl6.129% 02/23/20380.2%
Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC9.000% 02/15/20290.2%
Macquarie Airfinance Holdings Ltd8.125% 03/30/20290.2%
California Resources Corp7.125% 02/01/20260.2%
F-Brasile SpA / F-Brasile US LLC7.375% 08/15/20260.2%
Moss Creek Resources Holdings Inc8.250% 09/01/20310.2%
Jaguar Land Rover Automotive PLC7.750% 10/15/20250.2%
Oglethorpe Power Corp5.950% 11/01/20390.2%
Occidental Petroleum Corp5.200% 08/01/20290.2%
Enbridge Inc5.625% 04/05/20340.2%
Sizzling Platter LLC / Sizzling Platter Finance Corp8.500% 11/28/20250.2%
MGIC Investment Corp5.250% 08/15/20280.2%
Wildfire Intermediate Holdings LLC7.500% 10/15/20290.2%
Cheniere Energy Inc5.650% 04/15/20340.2%
Regatta XXV Funding Ltd7.352% 07/15/20360.2%
Societe Generale SA8.125% 05/21/21730.2%
Transcanada Trust5.875% 08/15/20760.2%
EPIC Crude Services LP7.302% 10/15/20310.2%
Danske Bank A/S7.000% 12/26/21730.2%
Birch Grove CLO Ltd6.103% 07/17/20370.2%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20290.2%
Vital Energy Inc7.875% 04/15/20320.2%
UBS Group AG6.373% 07/15/20260.2%
Energy Transfer LP6.500% 11/15/21730.2%
Goldentree Loan Management US Clo 7 Ltd5.843% 04/20/20340.2%
Citigroup Inc5.592% 11/19/20340.2%
Serbia International Bond6.000% 06/12/20340.2%
ORLEN SA6.000% 01/30/20350.2%
Occidental Petroleum Corp5.550% 10/01/20340.2%
Osaic Holdings Inc7.811% 08/16/20280.2%
Phillips Edison Grocery Center Operating Partnership I LP4.950% 01/15/20350.2%
ITC Holdings Corp5.400% 06/01/20330.2%
Las Vegas Sands Corp6.000% 08/15/20290.2%
Host Hotels & Resorts LP5.700% 07/01/20340.2%
South Bow USA Infrastructure Holdings LLC5.584% 10/01/20340.2%
Morgan Stanley5.424% 07/21/20340.2%
Intel Corp5.150% 02/21/20340.2%
Boeing Co/The6.858% 05/01/20540.2%
Six Flags Entertainment Corp6.309% 05/01/20310.2%
Bermuda Government International Bond5.000% 07/15/20320.2%
BankUnited Inc5.125% 06/11/20300.2%
SEB Funding LLC4.969% 01/30/20520.2%
Palomino Funding Trust I7.233% 05/17/20280.2%
KKR CLO 15 Ltd5.843% 01/18/20320.2%
Virginia Electric and Power Co5.450% 04/01/20530.2%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc2.875% 10/15/20260.2%
Macquarie Airfinance Holdings Ltd6.500% 03/26/20310.2%
Boeing Co/The5.805% 05/01/20500.2%
30-YR UMBS-TBA PROD FEB6.000% 02/01/20540.2%
IRB Infrastructure Developers Ltd7.110% 03/11/20320.2%
Nigeria Government International Bond10.375% 12/09/20340.2%
NRG Energy Inc6.271% 04/16/20310.2%
Affirm Asset Securitization Trust 2023-B6.820% 09/15/20280.2%
GLP Capital LP / GLP Financing II Inc5.750% 06/01/20280.2%
Occidental Petroleum Corp8.875% 07/15/20300.2%
General Motors Financial Co Inc5.600% 06/18/20310.2%
Mattel Inc5.875% 12/15/20270.2%
Hyundai Capital America6.500% 01/16/20290.2%
Continental Finance Credit Card ABS Master Trust5.780% 12/15/20320.2%
Blue Owl Technology Finance Corp6.100% 03/15/20280.2%
Generate CLO 15 Ltd6.343% 07/20/20370.2%
Bread Financial Holdings Inc9.750% 03/15/20290.2%
US Bancorp5.678% 01/23/20350.2%
Republic of South Africa Government International Bond7.100% 11/19/20360.2%
15-YR UMBS-TBA PROD FEB5.500% 01/01/20390.2%
Intel Corp2.450% 11/15/20290.2%
Rain Carbon Inc12.250% 09/01/20290.2%
South Bow USA Infrastructure Holdings LLC5.026% 10/01/20290.2%
Invitation Homes Operating Partnership LP4.875% 02/01/20350.2%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp7.000% 07/15/20310.2%
Panama Government International Bond7.125% 01/29/20260.2%
Solventum Corp5.450% 03/13/20310.2%
Synchrony Financial4.875% 06/13/20250.2%
Constellation Energy Generation LLC6.500% 10/01/20530.2%
Fortress Transportation and Infrastructure Investors LLC5.875% 04/15/20330.2%
Eastern Energy Gas Holdings LLC5.650% 10/15/20540.2%
HF Sinclair Corp5.000% 02/01/20280.2%
Navient Corp11.500% 03/15/20310.2%
FactSet Research Systems Inc3.450% 03/01/20320.2%
KeyCorp6.401% 03/06/20350.2%
AIB Group PLC6.608% 09/13/20290.2%
Glencore Funding LLC2.625% 09/23/20310.2%
Macquarie Bank Ltd3.052% 03/03/20360.2%
Transocean Inc7.500% 04/15/20310.2%
ROCK Trust 2024-CNTR5.388% 11/13/20410.2%
Aethon United BR LP / Aethon United Finance Corp7.500% 10/01/20290.2%
Kimmeridge Texas Gas LLC8.500% 02/15/20300.2%
Santander UK Group Holdings PLC6.833% 11/21/20260.2%
Ivanhoe Mines Ltd7.875% 01/23/20300.2%
Beacon Funding Trust6.266% 08/15/20540.2%
Sprint Capital Corp8.750% 03/15/20320.2%
Citizens Financial Group Inc5.718% 07/23/20320.1%
Trinity Industries Inc7.750% 07/15/20280.1%
RXO Inc7.500% 11/15/20270.1%
Santander Consumer Auto Receivables Trust 2020-B7.030% 08/15/20280.1%
Carlyle US CLO 2024-1 Ltd6.302% 04/15/20370.1%
BAT Capital Corp6.343% 08/02/20300.1%
Black Hills Corp6.000% 01/15/20350.1%
Herbalife Nutrition Ltd / HLF Financing Inc7.875% 09/01/20250.1%
GREYWOLF CLO VII Ltd6.453% 10/20/20310.1%
Kraken Oil & Gas Partners LLC7.625% 08/15/20290.1%
Devon Energy Corp5.200% 09/15/20340.1%
Avolon Holdings Funding Ltd6.375% 05/04/20280.1%
GMR Hyderabad International Airport Ltd4.250% 10/27/20270.1%
Mercury Financial Credit Card Master Trust6.560% 07/20/20290.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.750% 10/15/20270.1%
Southwestern Public Service Co6.000% 06/01/20540.1%
ZF North America Capital Inc4.750% 04/29/20250.1%
Discover Bank5.974% 08/09/20280.1%
OHA Credit Partners XII Ltd6.240% 04/23/20370.1%
Greenko Wind Projects Mauritius Ltd5.500% 04/06/20250.1%
Brown & Brown Inc5.650% 06/11/20340.1%
UBS Group AG7.750% 04/12/21730.1%
Intesa Sanpaolo SpA8.248% 11/21/20330.1%
Oracle Corp3.850% 07/15/20360.1%
Biocon Biologics Global PLC6.670% 10/09/20290.1%
Affirm Asset Securitization Trust 2024-A5.610% 02/15/20290.1%
HAT Holdings I LLC / HAT Holdings II LLC8.000% 06/15/20270.1%
Alexander Funding Trust II7.467% 07/31/20280.1%
Hilcorp Energy I LP / Hilcorp Finance Co6.875% 05/15/20340.1%
Sorik Marapi Geothermal Power PT7.750% 08/05/20310.1%
Texas Capital Bancshares Inc4.000% 05/06/20310.1%
National Fuel Gas Co2.950% 03/01/20310.1%
Ovintiv Inc6.500% 02/01/20380.1%
Western Alliance Bancorp3.000% 06/15/20310.1%
Aviation Capital Group LLC6.375% 07/15/20300.1%
Stillwater Mining Co4.000% 11/16/20260.1%
IQVIA Inc5.655% 06/16/20270.1%
Barings Loan Partners CLO Ltd 36.393% 07/20/20330.1%
ABN AMRO Bank NV3.324% 03/13/20370.1%
ION Trading Technologies Sarl9.500% 05/30/20290.1%
Plains All American Pipeline LP8.895% 11/15/21730.1%
Park River Holdings Inc6.750% 08/01/20290.1%
Occidental Petroleum Corp6.450% 09/15/20360.1%
Encino Acquisition Partners Holdings LLC8.500% 05/01/20280.1%
Colombia Government International Bond7.750% 11/07/20360.1%
Interest Rate Swap3.138% 05/15/20340.1%
General Motors Financial Co Inc5.750% 02/08/20310.1%
Flowserve Corp2.800% 01/15/20320.1%
Bayer US Finance II LLC4.375% 12/15/20280.1%
GATX Corp6.050% 06/05/20540.1%
Intact Financial Corp5.459% 09/22/20320.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.500% 03/15/20270.1%
Evergy Metro Inc4.950% 04/15/20330.1%
Navoi Mining & Metallurgical Combinat6.950% 10/17/20310.1%
Pine Street Trust III6.223% 05/15/20540.1%
Protective Life Corp8.450% 10/15/20390.1%
Brookhaven Park CLO LTD6.293% 04/19/20370.1%
New York State Electric & Gas Corp5.300% 08/15/20340.1%
Columbia Pipelines Holding Co LLC5.097% 10/01/20310.1%
PPL Capital Funding Inc5.250% 09/01/20340.1%
Broadcom Inc4.150% 04/15/20320.1%
Cherry Securitization Trust 2024-15.700% 04/15/20320.1%
Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp6.875% 12/01/20320.1%
Nabors Industries Inc8.875% 08/15/20310.1%
Cadence Design Systems Inc4.700% 09/10/20340.1%
AppLovin Corp5.500% 12/01/20340.1%
AppLovin Corp5.950% 12/01/20540.1%
CITGO Petroleum Corp8.375% 01/15/20290.1%
Glencore Funding LLC5.893% 04/04/20540.1%
System Energy Resources Inc5.300% 12/15/20340.1%
Westpac Banking Corp2.668% 11/15/20350.1%
Appalachian Power Co5.650% 04/01/20340.1%
Eastern Gas Transmission & Storage Inc3.000% 11/15/20290.1%
Trimble Inc6.100% 03/15/20330.1%
Narragansett Electric Co/The5.350% 05/01/20340.1%
UBS Group AG3.869% 01/12/20290.1%
Pacific Gas and Electric Co6.150% 01/15/20330.1%
Bank of America Corp2.299% 07/21/20320.1%
KeyBank NA/Cleveland OH5.000% 01/26/20330.1%
California Resources Corp8.250% 06/15/20290.1%
AS Mileage Plan IP Ltd5.308% 10/20/20310.1%
PNC Financial Services Group Inc/The5.401% 07/23/20350.1%
BNP Paribas SA4.375% 03/01/20330.1%
Generate CLO 14 Ltd6.790% 04/22/20370.1%
AES Corp/The2.450% 01/15/20310.1%
Arthur J Gallagher & Co5.550% 02/15/20550.1%
OHA Credit Funding 18 Ltd6.243% 04/20/20370.1%
EQT Corp5.750% 02/01/20340.1%
Madison Park Funding XXIX LTD6.093% 10/18/20300.1%
Morgan Stanley2.239% 07/21/20320.1%
UBS Group AG2.746% 02/11/20330.1%
Driven Brands Funding LLC7.393% 10/20/20520.1%
Indianapolis Power & Light Co5.700% 04/01/20540.1%
Enel Finance International NV5.125% 06/26/20290.1%
15-YR UMBS-TBA PROD MAR2.500% 11/01/20360.1%
Albion Financing 1 SARL / Aggreko Holdings Inc6.125% 10/15/20260.1%
Ford Motor Credit Co LLC6.054% 11/05/20310.1%
Air Lease Corp5.200% 07/15/20310.1%
Citadel Securities Global Holdings LLC6.325% 10/31/20310.1%
APA Corp6.159% 04/01/20270.1%
Entergy Louisiana LLC5.800% 03/15/20550.1%
Evergy Kansas Central Inc5.900% 11/15/20330.1%
BUCKEYE PARTNERS LP6.055% 11/22/20300.1%
Chase Home Lending Mortgage Trust 2024-RPL43.375% 12/25/20640.1%
Bancolombia SA8.625% 12/24/20340.1%
OCP SA7.500% 05/02/20540.1%
PetSmart Inc / PetSmart Finance Corp7.750% 02/15/20290.1%
Interstate Power and Light Co4.950% 09/30/20340.1%
BCPE Empire Holdings Inc7.625% 05/01/20270.1%
Buckeye Partners LP4.125% 03/01/20250.1%
Columbia Pipelines Operating Co LLC5.927% 08/15/20300.1%
GreenSky Home Improvement Trust 2024-15.550% 06/25/20590.1%
IPALCO Enterprises Inc5.750% 04/01/20340.1%
Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL5.250% 04/27/20290.1%
Targa Resources Partners LP / Targa Resources Partners Finance Corp5.000% 01/15/20280.1%
Trans Union LLC6.155% 06/24/20310.1%
Oglethorpe Power Corp5.900% 02/01/20550.1%
Viterra Finance BV4.900% 04/21/20270.1%
Genting New York LLC / GENNY Capital Inc7.250% 10/01/20290.1%
Celanese US Holdings LLC6.415% 07/15/20270.1%
MSCI Inc3.625% 09/01/20300.1%
Freedom Mortgage Corp12.000% 10/01/20280.1%
RR 8 Ltd6.002% 07/15/20370.1%
Oceaneering International Inc6.000% 02/01/20280.1%
Navient Corp6.750% 06/25/20250.1%
FirstEnergy Transmission LLC4.550% 04/01/20490.1%
Bain Capital Credit CLO 2021-3 Ltd5.844% 07/24/20340.1%
Constellation Energy Generation LLC6.250% 10/01/20390.1%
NGL Energy Operating LLC / NGL Energy Finance Corp8.375% 02/15/20320.1%
Freedom Mortgage Holdings LLC9.250% 02/01/20290.1%
Matador Resources Co6.500% 04/15/20320.1%
Morgan Stanley5.320% 07/19/20350.1%
AIB Group PLC5.871% 03/28/20350.1%
Dryden 107 CLO Ltd7.523% 08/15/20350.1%
Chord Energy Corp6.375% 06/01/20260.1%
Permian Resources Operating LLC9.875% 07/15/20310.1%
Global Atlantic Fin Co4.700% 10/15/20510.1%
Kallpa Generacion SA5.875% 01/30/20320.1%
Fortress Transportation and Infrastructure Investors LLC7.875% 12/01/20300.1%
Panama Government International Bond7.500% 03/01/20310.1%
Permian Resources Operating LLC8.000% 04/15/20270.1%
Avant Loans Funding Trust 2021-REV14.300% 07/15/20300.1%
Wells Fargo & Co5.574% 07/25/20290.1%
Hilcorp Energy I LP / Hilcorp Finance Co7.250% 02/15/20350.1%
Expand Energy Corp6.750% 04/15/20290.1%
Talen Energy Supply LLC6.802% 12/15/20310.1%
Eni SpA5.500% 05/15/20340.1%
Entergy Texas Inc5.800% 09/01/20530.1%
Huntington Ingalls Industries Inc5.749% 01/15/20350.1%
SM Energy Co7.000% 08/01/20320.1%
FMG Resources August 2006 Pty Ltd5.875% 04/15/20300.1%
30-YR UMBS-TBA PROD FEB6.500% 07/01/20530.1%
Avangrid Inc3.800% 06/01/20290.1%
Cerdia Finanz GmbH9.375% 10/03/20310.1%
Ecopetrol SA7.750% 02/01/20320.1%
Canyon CLO 2020-1 Ltd5.952% 07/15/20340.1%
TransDigm Inc5.500% 11/15/20270.1%
Vistra Operations Co LLC6.063% 12/20/20300.1%
Egypt Government International Bond8.625% 02/04/20300.1%
Vista Energy Argentina SAU7.625% 12/10/20350.1%
Morgan Stanley5.297% 04/20/20370.1%
Ovintiv Inc6.625% 08/15/20370.1%
Assurant Inc2.650% 01/15/20320.1%
Ford Motor Credit Co LLC6.800% 05/12/20280.1%
KeyCorp2.250% 04/06/20270.1%
Viterra Finance BV2.000% 04/21/20260.1%
Coca-Cola Consolidated Inc5.450% 06/01/20340.1%
Pacific Gas and Electric Co6.700% 04/01/20530.1%
Eastern Gas Transmission & Storage Inc4.600% 12/15/20440.1%
Boeing Co/The6.298% 05/01/20290.1%
Avolon Holdings Funding Ltd2.750% 02/21/20280.1%
Encino Acquisition Partners Holdings LLC8.750% 05/01/20310.1%
PBF Holding Co LLC / PBF Finance Corp7.875% 09/15/20300.1%
Mexico Government International Bond6.000% 05/13/20300.1%
Truist Financial Corp5.867% 06/08/20340.1%
Buckeye Partners LP6.049% 11/02/20260.1%
nVent Finance Sarl5.650% 05/15/20330.1%
Madison Park Funding XIV Ltd6.090% 10/22/20300.1%
GRACIE POINT INTERNATIONAL FUNDING 2023-16.881% 09/01/20260.1%
Arthur J Gallagher & Co5.150% 02/15/20350.1%
YPF SA8.250% 01/17/20340.1%
15-YR UMBS-TBA PROD FEB6.000% 12/01/20380.1%
Dominion Energy Inc6.875% 02/01/20550.1%
Macquarie Airfinance Holdings Ltd5.150% 03/17/20300.1%
Transocean Inc8.250% 05/15/20290.1%
Westpac Banking Corp4.322% 11/23/20310.1%
YPF Energia Electrica SA7.875% 10/16/20320.1%
BNP Paribas SA8.000% 08/22/21730.1%
Sierra Timeshare 2024-3 Receivables Funding LLC6.930% 08/20/20410.1%
Alimentation Couche-Tard Inc5.617% 02/12/20540.1%
BAT Capital Corp5.834% 02/20/20310.1%
Directv Financing LLC9.423% 08/02/20270.1%
Seminole Tribe of Florida Inc/The6.039% 05/13/20270.1%
Solvay Finance America LLC5.650% 06/04/20290.1%
Entergy Texas Inc5.550% 09/15/20540.1%
KKR CLO 54 LTD5.641% 01/15/20380.1%
GIH Borrower LLC6.811% 11/26/20310.1%
Terex Corp6.313% 10/08/20310.1%
Monongahela Power Co5.850% 02/15/20340.1%
Setanta Aircraft Leasing DAC6.037% 11/06/20280.1%
ICON Luxembourg Sarl6.287% 07/03/20280.1%
GREAT OUTDOORS GROUP LLC7.552% 01/20/20320.1%
Aviation Capital Group LLC3.500% 11/01/20270.1%
Aramark Services Inc6.311% 06/24/20300.1%
OWN Equipment Fund I LLC5.700% 12/20/20320.1%
US 10yr Ultra Fut Mar250.000% 03/31/20250.1%
15-YR UMBS-TBA PROD FEB5.000% 09/01/20390.1%
GGAM Finance Ltd8.000% 02/15/20270.1%
Permian Resources Operating LLC6.250% 02/01/20330.1%
Intesa Sanpaolo SpA4.198% 06/01/20320.1%
Diamond Foreign Asset Co / Diamond Finance LLC8.500% 10/01/20300.1%
FirstEnergy Transmission LLC5.000% 01/15/20350.1%
AmeriTex HoldCo Intermediate LLC10.250% 10/15/20280.1%
First American Financial Corp5.450% 09/30/20340.1%
Milford Park CLO Ltd6.393% 07/20/20350.1%
VICI Properties LP6.125% 04/01/20540.1%
Crescent Energy Finance LLC7.625% 04/01/20320.1%
Aircastle Ltd5.950% 02/15/20290.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.875% 04/15/20450.1%
Affirm Asset Securitization Trust 2024-A5.610% 02/15/20290.1%
Popular Inc7.250% 03/13/20280.1%
Macquarie Group Ltd2.691% 06/23/20320.1%
Transocean Aquila Ltd8.000% 09/30/20280.1%
Sinclair Television Group Inc8.125% 02/15/20330.1%
Santander Consumer Auto Receivables Trust 2021-A5.790% 08/15/20280.1%
Octagon Loan Funding Ltd5.927% 11/18/20310.1%
United Wholesale Mortgage LLC5.500% 11/15/20250.1%
Jersey Central Power & Light Co5.100% 01/15/20350.1%
Driven Brands Funding LLC6.372% 10/20/20540.1%
Aramark Services Inc6.311% 04/06/20280.1%
Universal Health Services Inc5.050% 10/15/20340.1%
Choice Hotels International Inc3.700% 12/01/20290.1%
Hilton Grand Vacations Trust 2024-1B8.850% 09/15/20390.0%
Citizens Financial Group Inc5.841% 01/23/20300.0%
APi Group DE Inc6.428% 01/03/20290.0%
Azule Energy Finance Plc8.125% 01/23/20300.0%
Sierra Timeshare 2024-2 Receivables Funding LLC7.480% 06/20/20410.0%
Madison Park Funding XLII Ltd6.052% 11/21/20300.0%
Madison Park Funding LVIII Ltd6.250% 04/25/20370.0%
Centene Corp4.250% 12/15/20270.0%
SeaWorld Parks & Entertainment Inc6.313% 12/04/20310.0%
Stream Innovations 2024-1 Issuer Trust6.270% 07/15/20440.0%
Huntington Bancshares Inc/OH6.141% 11/18/20390.0%
GS Mortgage Securities Corp Trust 2021-ROSS9.221% 05/15/20260.0%
GEN II FUND SERVICES LLC7.061% 11/19/20310.0%
30-YR UMBS-TBA PROD MAR7.000% 05/01/20530.0%
Vistra Operations Co LLC5.625% 02/15/20270.0%
Centrais Eletricas Brasileiras SA3.625% 02/04/20250.0%
Lightstone Holdco LLC10.241% 01/29/20270.0%
Foundry JV Holdco LLC5.900% 01/25/20300.0%
Sierra Timeshare 2024-1 Receivables Funding LLC8.020% 01/20/20430.0%
Triton Container International Ltd / TAL International Container Corp3.250% 03/15/20320.0%
Interest Rate Swap3.960% 11/15/20330.0%
PRA Health Sciences Inc6.287% 07/03/20280.0%
FX USD/CAD 03/250.000% 03/07/20250.0%
Galaxy XXI CLO Ltd5.575% 04/20/20310.0%
Lightstone Holdco LLC10.241% 01/29/20270.0%
US 5YR NOTE (CBT) Mar250.000% 04/03/20250.0%
Credit Index Swap1.000% 06/20/20290.0%
GS Mortgage Securities Trust 2015-GS10.178% 11/10/20480.0%
Hudsons Bay Simon JV Trust 2015-HBS0.541% 08/05/20340.0%
CPI Swap2.285% 07/15/20250.0%
Government National Mortgage Association0.387% 07/16/20540.0%
Hudsons Bay Simon JV Trust 2015-HBS0.493% 08/05/20340.0%
OGX Austria GmbH8.500% 06/01/20180.0%
Interest Rate Swap3.750% 12/18/20260.0%
US LONG BOND(CBT) Mar250.000% 03/31/2025-0.3%
US ULTRA BOND CBT Mar250.000% 03/31/2025-0.5%

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 03/24/2025
$0.02287
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 02/28/2025 $0.01121 $2.46
Daily Daily 01/31/2025 $0.01166 $2.42

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 03/31/2025
Daily Daily 04/30/2025
Daily Daily 05/31/2025
Daily Daily 06/30/2025
Daily Daily 07/31/2025
Daily Daily 08/31/2025
Daily Daily 09/30/2025
Daily Daily 10/31/2025
Daily Daily 11/30/2025
Daily Daily 12/31/2025

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 03/24/2025

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $2.49
$100,000 to $249,999 1.75% 1.50% $2.47
$250,000 to $499,999 1.25% 1.00% $2.46
Greater than $500,000 0.00% 1.00% $2.43

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 Ratio

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
Annual Tailored Shareholder Report
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.

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
+

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.

    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