LTRYX | Total Return Fund Class I | 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

 

Total Return Fund

Daily price w/o sales charge as of 01/14/2022

$10.31

arrowDown$0.05

YTD Returns w/o sales charge as of 01/14/2022

-1.44%

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 Total Return Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in U.S. investment grade corporate, government, and mortgage- and asset-backed securities, with select allocations to high yield and foreign debt securities.

 

EXPERIENCED INVESTMENT TEAM

Managed through collaboration among 40+ investment professionals in portfolio management, credit research, and trading.

DISCIPLINED, FLEXIBLE APPROACH

Utilizes a blend of fundamental research and quantitative analysis in seeking to add value through sector rotation, security selection, and rigorous risk management.

CONSISTENT, RISK-ADJUSTED RETURNS

Has offered a track record of generating above-average returns with below-average risk in a variety of market environments, versus its peers in the Morningstar Intermediate-Term Bond Category.

 

Yield

Dividend Yield 1 as of 01/14/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.38% 2.34%

30-Day Standardized Yield 2 as of 12/31/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 1.91% 1.87%

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

Fund Basicsas of 12/31/2021

Total Net Assets
$4.06 B
Inception Date
12/14/1998
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.46%
Fund Net Expense Ratio
0.42%
Number of Holdings
449
Minimum Initial Investment
$1,000,000+

+Minimum Exceptions, Click here.

There is no minimum initial investment for (i) purchases through or by registered investment advisers (RIAs), bank trust departments, and other financial intermediaries otherwise eligible to purchase Class I shares that charge a fee for services that include investment advisory or management services or (ii) purchases by retirement and benefit plans meeting the Class I eligibility requirements as described in the prospectus. These investment minimums may be suspended, changed, or withdrawn by Lord Abbett Distributor LLC ("Lord Abbett Distributor").
Class I shares minimum initial investment of $1,000,000, unless otherwise noted, applies to certain types of institutional investors as described in the prospectus. 

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/14/1998
w/o sales charge 0.14% 0.14% 5.37% 3.86% 3.59% 5.25%
Lipper Category Avg. Core Bond Funds -1.26% -1.26% 5.16% 3.65% 3.10% -
Bloomberg U.S. Aggregate Bond Index -1.54% -1.54% 4.79% 3.57% 2.90% 4.56%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/14/1998
w/o sales charge 0.14% 0.14% 5.37% 3.86% 3.59% 5.25%
Lipper Category Avg. Core Bond Funds -1.26% -1.26% 5.16% 3.65% 3.10% -
Bloomberg U.S. Aggregate Bond Index -1.54% -1.54% 4.79% 3.57% 2.90% 4.56%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

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
U.S. Government Related
Investment Grade Corporate
High Yield Corporate
ABS
CMBS
MBS
CLO
Bank Loans
Sovereign
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
1-3 years
3-5 years
5-7 years
7-10 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 12/31/2021 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

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

27 Years of Industry Experience

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

Partner & Portfolio Manager

23 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

20 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Co-Head of Taxable Fixed Income

30 Years of Industry Experience

Adam C. Castle
Adam C. Castle, CFA

Managing Director, Portfolio Manager

13 Years of Industry Experience

Leah G. Traub
Leah G. Traub, Ph.D.

Partner & Portfolio Manager

20 Years of Industry Experience

Harris Trifon
Harris Trifon

Managing Director, Portfolio Manager

21 Years of Industry Experience

Supported By 60 Investment Professionals with 16 Years Avg. Industry Experience

Contact a Representative

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

Performance

Performance

Dividend Yield 1 as of 01/14/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.38% 2.34%

30-Day Standardized Yield 2 as of 12/31/2021  

  Subsidized5 Un-Subsidized6
w/o sales charge 1.91% 1.87%

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

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/14/1998
w/o sales charge 0.14% 0.14% 5.37% 3.86% 3.59% 5.25%
Lipper Category Avg. Core Bond Funds -1.26% -1.26% 5.16% 3.65% 3.10% -
Bloomberg U.S. Aggregate Bond Index -1.54% -1.54% 4.79% 3.57% 2.90% 4.56%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/14/1998
w/o sales charge 0.14% 0.14% 5.37% 3.86% 3.59% 5.25%
Lipper Category Avg. Core Bond Funds -1.26% -1.26% 5.16% 3.65% 3.10% -
Bloomberg U.S. Aggregate Bond Index -1.54% -1.54% 4.79% 3.57% 2.90% 4.56%

Fund Expense Ratio :

Gross 0.46%

Net 0.42%

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. Aggregate Bond Index
2021 0.14% -1.54%
2020 7.61% 7.51%
2019 8.56% 8.72%
2018 -0.60% 0.01%
2017 3.93% 3.54%
2016 4.25% 2.65%
2015 -0.44% 0.55%
2014 6.33% 5.97%
2013 -1.19% -2.02%
2012 7.93% 4.22%
2011 7.40% -
2010 7.92% -
2009 16.07% -
2008 -0.97% -
2007 6.06% -
2006 4.63% -
2005 2.67% -
2004 4.57% -
2003 5.42% -
2002 9.21% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2021 -2.36% 2.33% 0.11% 0.12% 0.14%
2020 -1.11% 4.58% 1.89% 2.12% 7.61%
2019 3.28% 3.05% 1.72% 0.28% 8.56%
2018 -1.36% -0.29% 0.32% 0.75% -0.60%
2017 1.19% 1.48% 0.89% 0.32% 3.93%
2016 2.86% 2.76% 1.19% -2.53% 4.25%
2015 1.63% -1.45% 0.00% -0.60% -0.44%
2014 2.38% 2.55% 0.11% 1.16% 6.33%
2013 0.54% -2.76% 0.54% 0.52% -1.19%
2012 1.87% 1.99% 2.76% 1.09% 7.93%
2011 1.06% 2.14% 2.43% 1.58% 7.40%
2010 2.49% 2.90% 3.36% -0.99% 7.92%
2009 2.51% 5.71% 6.31% 0.75% 16.07%
2008 1.07% 0.05% -1.96% -0.10% -0.97%
2007 1.47% -0.65% 2.82% 2.33% 6.06%
2006 -0.29% -0.19% 3.81% 1.27% 4.63%
2005 -0.19% 3.01% -0.62% 0.48% 2.67%
2004 2.42% -2.29% 3.30% 1.16% 4.57%
2003 1.48% 3.09% 0.00% 0.76% 5.42%
2002 0.13% 2.41% 3.66% 2.75% 9.21%
2001 3.51% 0.44% 4.80% 0.49% 9.50%
2000 2.12% 2.18% 3.45% 4.70% 13.01%
1999 0.10% -0.80% 1.00% 0.39% 0.69%
1998 - - - - 0.40%

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

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
U.S. Government Related
Investment Grade Corporate
High Yield Corporate
ABS
CMBS
MBS
CLO
Bank Loans
Sovereign
Other
Cash

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

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 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 12/31/2021

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
<BBB
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 9/30/2021

  • Over the quarter, we added risk exposure to the portfolio’s commercial mortgage-backed securities (CMBS) allocation. The additions to CMBS in the portfolio have been focused on floating rate single-asset, single-borrower deals with high quality tenants in strong geographic areas. CMBS offer more attractive value relative to corporate bonds, in our view. This securitized asset class delivers attractive carry and has been supported by economic growth and a supportive Federal Government. However, in-depth due diligence is essential as geography matters and rent roll analysis is key. That said, our team continues to identify idiosyncratic opportunities in the CMBS markets.
  • We also increased the portfolio’s allocation to mortgage-backed securities (MBS). Specifically, we have added to RMBS warehouse deals which we believe to have attractive relative value and spread pick-up.

Portfolio Details as of 12/31/2021

Total Net Assets
$4.06 B
Number of Issues
449
Average Coupon
2.62%
Average Life
5.83 Years
Average Maturity
5.82 Years
Average Effective Duration
5.95 Years

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

Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.

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

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
United States Treasury Bill 0.000% 01/27/2022 5.8%
United States Treasury Note/Bond 0.500% 11/30/2023 5.4%
United States Treasury Note/Bond 0.750% 11/15/2024 5.2%
30-YR UMBS-TBA PROD JAN 3.000% 09/01/2050 4.7%
United States Treasury Note/Bond 0.375% 10/31/2023 4.4%
United States Treasury Note/Bond 1.875% 11/15/2051 3.2%
United States Treasury Note/Bond 1.375% 11/15/2031 2.9%
United States Treasury Note/Bond 1.750% 08/15/2041 2.0%
United States Treasury Bill 0.000% 04/21/2022 1.8%
United States Treasury Note/Bond 1.125% 10/31/2026 1.1%
% of Total Assets 36.5%
Holding Coupon Maturity Assets
United States Treasury Bill0.000% 01/27/20227.6%
United States Treasury Note/Bond0.125% 08/31/20236.0%
30-YR UMBS-TBA PROD DEC3.000% 08/01/20504.6%
United States Treasury Note/Bond0.375% 10/31/20234.3%
United States Treasury Note/Bond1.250% 08/15/20313.2%
United States Treasury Note/Bond1.125% 10/31/20263.2%
United States Treasury Note/Bond2.000% 08/15/20512.8%
United States Treasury Note/Bond1.750% 08/15/20412.0%
United States Treasury Bill0.000% 04/21/20221.7%
United States Treasury Note/Bond0.750% 11/15/20241.7%
United States Treasury Note/Bond2.250% 08/15/20491.0%
Citigroup Inc3.980% 03/20/20300.7%
Emera US Finance LP3.550% 06/15/20260.7%
General Motors Financial Co Inc3.600% 06/21/20300.6%
Fannie Mae Pool3.500% 09/01/20470.6%
Toyota Auto Receivables 2021-A Owner Trust0.160% 07/17/20230.6%
Oracle Corp2.875% 03/25/20310.6%
United States Treasury Note/Bond1.125% 05/15/20400.5%
Glencore Funding LLC4.875% 03/12/20290.5%
Wells Fargo & Co2.393% 06/02/20280.5%
Morgan Stanley4.431% 01/23/20300.5%
Ford Credit Auto Lease Trust 2021-A0.190% 07/15/20230.5%
Westpac Banking Corp4.322% 11/23/20310.5%
World Omni Auto Receivables Trust 2021-A0.170% 02/15/20240.5%
Carmax Auto Owner Trust 2021-10.220% 02/15/20240.4%
CIFC Funding 2021-I Ltd1.234% 04/25/20330.4%
Fairstone Financial Issuance Trust I5.162% 10/20/20390.4%
Fannie Mae Pool3.500% 03/01/20500.4%
Mercedes-Benz Auto Lease Trust 2021-A0.180% 03/15/20230.4%
JPMorgan Chase & Co3.540% 05/01/20280.4%
Diamondback Energy Inc3.500% 12/01/20290.4%
nVent Finance Sarl4.550% 04/15/20280.4%
Goldman Sachs Group Inc/The2.383% 07/21/20320.4%
Sabine Pass Liquefaction LLC5.875% 06/30/20260.4%
Perimeter Master Note Business Trust4.230% 05/15/20240.4%
Genesis Sales Finance Master Trust1.650% 09/22/20250.4%
Citigroup Inc3.887% 01/10/20280.4%
Lamar Media Corp1.589% 02/05/20270.3%
BX Trust 2021-ARIA2.334% 10/15/20360.3%
HCA Inc4.125% 06/15/20290.3%
ME Funding LLC 2019-16.448% 07/30/20490.3%
Kayne CLO 10 Ltd1.294% 04/23/20340.3%
Bank of America Corp2.687% 04/22/20320.3%
VMware Inc4.700% 05/15/20300.3%
Hertz Vehicle Financing III LP1.680% 12/27/20270.3%
Charter Communications Operating LLC / Charter Communications Operating Capital2.250% 01/15/20290.3%
Aviation Capital Group LLC5.500% 12/15/20240.3%
Dell International LLC / EMC Corp8.350% 07/15/20460.3%
Aircastle Ltd2.850% 01/26/20280.3%
Great Wolf Trust 2019-WOLF1.124% 12/15/20360.3%
Dryden Senior Loan Fund1.594% 04/15/20280.3%
Ford Motor Co3.250% 02/12/20320.3%
Freddie Mac STACR REMIC Trust 2021-HQA32.150% 09/25/20410.3%
ZH Trust 2021-22.349% 10/17/20270.3%
Lending Funding Trust 2020-22.320% 04/21/20310.3%
Wells Fargo & Co3.584% 05/22/20280.3%
Kayne CLO 7 Ltd1.322% 04/17/20330.3%
Bank of America Corp3.593% 07/21/20280.3%
Avolon Holdings Funding Ltd2.125% 02/21/20260.3%
Exeter Automobile Receivables Trust 2020-33.440% 08/17/20260.3%
COMM 2014-UBS4 Mortgage Trust4.869% 08/10/20470.3%
Macquarie Group Ltd2.691% 06/23/20320.3%
Palmer Square CLO 2021-2 Ltd1.274% 07/15/20340.3%
Westlake Automobile Receivables Trust 2021-12.330% 08/17/20260.3%
Macquarie Group Ltd4.654% 03/27/20290.3%
Anglo American Capital PLC4.000% 09/11/20270.3%
VERDE CLO Ltd1.224% 04/15/20320.3%
Dryden 61 Clo Ltd1.112% 01/17/20320.3%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust3.500% 01/15/20250.3%
CIM Retail Portfolio Trust 2021-RETL3.840% 08/15/20360.3%
BNP Paribas SA4.375% 03/01/20330.3%
Ally Financial Inc8.000% 11/01/20310.3%
CSMC 2021-BHAR2.092% 11/15/20380.3%
One New York Plaza Trust 2020-1NYP1.590% 01/15/20260.3%
BX Trust 2018-GW0.890% 05/15/20350.3%
Egypt Government International Bond5.800% 09/30/20270.3%
Vistra Operations Co LLC3.550% 07/15/20240.2%
Flagship Credit Auto Trust 2018-45.510% 03/16/20260.2%
UBS AG5.125% 05/15/20240.2%
Western Midstream Operating LP5.300% 02/01/20300.2%
Deephaven Residential Mortgage Trust 2021-31.194% 08/25/20660.2%
Elmwood CLO VIII Ltd1.682% 01/20/20340.2%
OCP Clo 2019-17 Ltd1.172% 07/20/20320.2%
Invitation Homes Operating Partnership LP2.000% 08/15/20310.2%
Ford Credit Floorplan Master Owner Trust A4.060% 11/15/20300.2%
Delta Air Lines Inc7.000% 05/01/20250.2%
Carvana Auto Receivables Trust 2020-NP15.200% 07/15/20270.2%
Verus Securitization Trust 2021-21.031% 02/25/20660.2%
SCF Equipment Leasing 2019-2 LLC2.760% 08/20/20260.2%
Qatar Government International Bond3.750% 04/16/20300.2%
GS Mortgage Securities Corp II1.740% 11/15/20260.2%
Voya CLO 2019-3 Ltd2.323% 10/17/20320.2%
COMM 2015-DC1 Mortgage Trust4.451% 02/10/20480.2%
Bank of America Corp2.087% 06/14/20290.2%
FirstEnergy Corp4.400% 07/15/20270.2%
Galaxy Pipeline Assets Bidco Ltd3.250% 09/30/20400.2%
Avolon Holdings Funding Ltd4.250% 04/15/20260.2%
Westlake Automobile Receivables Trust 2020-33.340% 06/15/20260.2%
EPR Properties3.750% 08/15/20290.2%
Skyworks Solutions Inc3.000% 06/01/20310.2%
SEB Funding LLC4.969% 01/30/20520.2%
Kayne CLO 5 Ltd1.474% 07/24/20320.2%
Playtika Holding Corp2.840% 03/13/20280.2%
New Jersey Transportation Trust Fund Authority4.131% 06/15/20420.2%
NGPL PipeCo LLC3.250% 07/15/20310.2%
Petroleos Mexicanos5.350% 02/12/20280.2%
Genesis Sales Finance Master Trust1.450% 12/21/20260.2%
SA Global Sukuk Ltd2.694% 06/17/20310.2%
National Fuel Gas Co5.500% 01/15/20260.2%
Lendmark Funding Trust 2021-11.900% 11/20/20310.2%
Scientific Games International Inc2.840% 08/14/20240.2%
Nigeria Government International Bond7.143% 02/23/20300.2%
Morgan Stanley2.239% 07/21/20320.2%
Morgan Stanley3.625% 01/20/20270.2%
Minejesa Capital BV4.625% 08/10/20300.2%
SCF Equipment Leasing 2021-1 LLC1.930% 09/20/20300.2%
AAdvantage Loyalty IP Ltd5.500% 04/20/20280.2%
Consumer Loan Underlying Bond CLUB Credit Trust 2019-P24.410% 10/15/20260.2%
Ausgrid Finance Pty Ltd4.350% 08/01/20280.2%
Ghana Government International Bond6.375% 02/11/20270.2%
Occidental Petroleum Corp6.125% 01/01/20310.2%
AMMC CLO 24 Ltd1.923% 01/20/20350.2%
Physicians Realty LP2.625% 11/01/20310.2%
BankUnited Inc5.125% 06/11/20300.2%
Kohl's Corp5.550% 07/17/20450.2%
Freddie Mac STACR REMIC Trust 2021-DNA32.150% 10/25/20330.2%
MEG Energy Corp7.125% 02/01/20270.2%
Arbor Realty Commercial Real Estate Notes 2021-FL2 Ltd2.590% 05/15/20360.2%
Avis Budget Rental Car Funding AESOP LLC4.080% 02/20/20280.2%
Helmerich & Payne Inc2.900% 09/29/20310.2%
MHP Lux SA6.250% 09/19/20290.2%
US LONG BOND(CBT) Mar220.000% 03/31/20220.2%
EPR Properties4.950% 04/15/20280.2%
AES Corp/The3.950% 07/15/20300.2%
Phosagro OAO Via Phosagro Bond Funding DAC2.600% 09/16/20280.2%
JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT1.586% 07/05/20330.2%
GS Mortgage Securities Corp Trust 2021-ROSS4.740% 05/15/20260.2%
Extended Stay America Trust 2021-ESH1.790% 07/15/20380.2%
Wells Fargo Commercial Mortgage Trust 2015-C284.229% 05/15/20480.2%
Gracie Point International Funding 2020-B2.488% 05/02/20230.2%
Marble Point CLO XVII Ltd1.432% 04/20/20330.2%
COMM 2015-PC1 Mortgage Trust4.463% 07/10/20500.2%
Nelnet Student Loan Trust 2021-D2.900% 04/20/20620.2%
KKR CLO 29 Ltd3.524% 01/15/20320.2%
Flagship Credit Auto Trust 2021-10.310% 06/16/20250.2%
British Airways 2020-1 Class A Pass Through Trust4.250% 05/15/20340.2%
BCP Raptor II LLC4.840% 11/03/20250.2%
KIND Trust 2021-KIND2.390% 08/15/20380.2%
Oaktree CLO 2019-4 Ltd2.395% 10/20/20320.2%
Atrium Hotel Portfolio Trust 2018-ATRM1.040% 06/15/20350.2%
Mariner Finance Issuance Trust 2021-B3.420% 11/20/20360.2%
Continental Resources Inc/OK5.750% 01/15/20310.2%
Westpac Banking Corp2.894% 02/04/20300.2%
Mountain View CLO 2017-1 LLC1.212% 10/16/20290.2%
Barings CLO Ltd 2019-III1.732% 04/20/20310.2%
BHMS 2018-ATLS1.340% 07/15/20350.2%
Glencore Funding LLC2.850% 04/27/20310.2%
Westlake Automobile Receivables Trust 2020-20.930% 02/15/20240.2%
DBWF 2018-GLKS Mortgage Trust1.119% 12/19/20300.2%
AMMC CLO 23 Ltd2.141% 10/17/20310.2%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust3.875% 01/23/20280.2%
Netflix Inc6.375% 05/15/20290.2%
Levi Strauss & Co3.500% 03/01/20310.2%
Petroleos Mexicanos4.500% 01/23/20260.2%
Cikarang Listrindo Tbk PT4.950% 09/14/20260.2%
JP Morgan Chase Commercial Mortgage Securities Trust 2018-LAQ1.390% 06/15/20320.2%
Ready Capital Mortgage Financing 2021-FL6 LLC1.992% 07/25/20360.2%
Solera LLC4.500% 06/02/20280.2%
Freddie Mac Structured Agency Credit Risk Debt Notes1.850% 11/25/20410.2%
Party City Holdings Inc8.750% 02/15/20260.2%
Wind River 2021-4 CLO Ltd1.823% 01/20/20350.1%
JPMorgan Chase & Co3.782% 02/01/20280.1%
Bank of America Corp3.970% 03/05/20290.1%
United Airlines Inc4.500% 04/21/20280.1%
Morgan Stanley2.484% 09/16/20360.1%
Time Warner Entertainment Co LP8.375% 07/15/20330.1%
Freddie Mac STACR REMIC Trust 2021-DNA61.550% 10/25/20410.1%
Freeport-McMoRan Inc4.625% 08/01/20300.1%
Qatar Energy3.125% 07/12/20410.1%
Red Planet Borrower LLC4.250% 10/02/20280.1%
Global Aircraft Leasing Co Ltd6.500% 09/15/20240.1%
Signal Peak CLO 2 LLC2.982% 04/20/20290.1%
Cheniere Corpus Christi Holdings LLC3.700% 11/15/20290.1%
Verus Securitization Trust 2020-51.218% 05/25/20650.1%
SLC Student Loan Trust 2008-11.716% 12/15/20320.1%
CBAM 2017-1 Ltd3.882% 07/20/20300.1%
Cemex SAB de CV5.450% 11/19/20290.1%
HCA Inc4.500% 02/15/20270.1%
Race Point IX CLO Ltd3.324% 10/15/20300.1%
Braskem Netherlands Finance BV4.500% 01/31/20300.1%
NVR Inc3.000% 05/15/20300.1%
Perimeter Master Note Business Trust4.170% 05/15/20240.1%
Laredo Petroleum Inc9.500% 01/15/20250.1%
Citigroup Commercial Mortgage Trust 2016-GC362.850% 02/10/20490.1%
Blackstone Mortgage Trust Inc3.750% 01/15/20270.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.875% 04/15/20450.1%
Benchmark 2018-B5 Mortgage Trust4.762% 07/15/20510.1%
CS Master Trust4.449% 04/15/20250.1%
Alfa Desarrollo SpA4.550% 09/27/20510.1%
Starwood Mortgage Residential Trust 2020-31.486% 04/25/20650.1%
Lendmark Funding Trust 2021-23.090% 04/20/20320.1%
Bank of America Corp4.450% 03/03/20260.1%
First American Financial Corp2.400% 08/15/20310.1%
Santander Drive Auto Receivables Trust 2021-10.290% 11/15/20230.1%
US ULTRA BOND CBT Mar220.000% 03/31/20220.1%
Connecticut Avenue Securities Trust 2021-R011.600% 10/25/20410.1%
Eastern Gas Transmission & Storage Inc3.000% 11/15/20290.1%
CPS Auto Receivables Trust 2020-C1.710% 08/17/20260.1%
American Homes 4 Rent LP2.375% 07/15/20310.1%
Fannie Mae Connecticut Avenue Securities2.050% 11/25/20410.1%
Bank of America Corp4.000% 01/22/20250.1%
Aviation Capital Group LLC1.950% 01/30/20260.1%
Frontier Communications Holdings LLC5.000% 05/01/20280.1%
Carlyle Global Market Strategies CLO 2015-5 Ltd2.432% 01/20/20320.1%
American Airlines Inc11.750% 07/15/20250.1%
TK Elevator US Newco Inc5.250% 07/15/20270.1%
Bayer Corp6.650% 02/15/20280.1%
Owl Rock Capital Corp2.875% 06/11/20280.1%
BFLD 2019-DPLO2.630% 10/15/20340.1%
PetSmart Inc / PetSmart Finance Corp4.750% 02/15/20280.1%
Sunrun Demeter Issuer 2021-22.270% 01/30/20570.1%
Apidos CLO XXXV1.182% 04/20/20340.1%
TSMC Arizona Corp3.250% 10/25/20510.1%
Buckeye Partners LP6.375% 01/22/20780.1%
CARLYLE US CLO 2019-1 LTD2.332% 04/20/20310.1%
Foothill-Eastern Transportation Corridor Agency4.094% 01/15/20490.1%
COMM 2015-PC1 Mortgage Trust4.463% 07/10/20500.1%
Caesars Entertainment Inc8.125% 07/01/20270.1%
Hilcorp Energy I LP / Hilcorp Finance Co6.250% 11/01/20280.1%
Barings CLO Ltd 2018-III3.032% 07/20/20290.1%
Newark BSL CLO 1 Ltd3.130% 12/21/20290.1%
Brazos Delaware II LLC4.091% 05/21/20250.1%
Carvana Auto Receivables Trust 2019-34.600% 07/15/20260.1%
Radiology Partners Inc9.250% 02/01/20280.1%
Ovintiv Inc6.500% 02/01/20380.1%
Clear Channel Outdoor Holdings Inc7.750% 04/15/20280.1%
GS Mortgage Securities Corp Trust 2018-RIVR1.040% 07/15/20350.1%
MED ParentCo LP4.340% 08/31/20260.1%
KUEHG Corp4.750% 02/21/20250.1%
Penske Automotive Group Inc3.500% 09/01/20250.1%
Santander Holdings USA Inc4.400% 07/13/20270.1%
Range Resources Corp8.250% 01/15/20290.1%
CF Trust 2019-BOSS4.750% 12/15/20210.1%
Spring Education Group Inc4.382% 07/30/20250.1%
Scientific Games International Inc7.250% 11/15/20290.1%
Rent-A-Center Inc/TX6.375% 02/15/20290.1%
Toll Brothers Finance Corp4.350% 02/15/20280.1%
Murphy Oil Corp5.875% 12/01/20270.1%
Netflix Inc4.875% 06/15/20300.1%
Live Nation Entertainment Inc4.750% 10/15/20270.1%
Tricolor Auto Securitization Trust 2021-13.230% 09/15/20260.1%
Transocean Guardian Ltd5.875% 01/15/20240.1%
CVR Partners LP / CVR Nitrogen Finance Corp6.125% 06/15/20280.1%
Uber Technologies Inc4.500% 08/15/20290.1%
Hardee's Funding LLC4.959% 06/20/20480.1%
American Airlines Group Inc3.750% 03/01/20250.1%
Calpine Corp5.000% 02/01/20310.1%
Life Time Inc5.750% 01/15/20260.1%
Pennsylvania Electric Co3.600% 06/01/20290.1%
Bombardier Inc6.000% 02/15/20280.1%
Air Canada3.875% 08/15/20260.1%
United Rentals North America Inc4.000% 07/15/20300.1%
Freeport-McMoRan Inc4.125% 03/01/20280.1%
Tenet Healthcare Corp4.875% 01/01/20260.1%
Ally Financial Inc4.700% 08/15/21700.1%
BBCMS 2019-BWAY Mortgage Trust1.046% 11/15/20340.1%
Watco Cos LLC / Watco Finance Corp6.500% 06/15/20270.1%
Coty Inc5.000% 04/15/20260.1%
SPRINGS WINDOW FASHIONS LLC4.750% 10/06/20280.1%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc3.625% 03/01/20290.1%
Staples Inc7.500% 04/15/20260.1%
TransDigm Inc6.375% 06/15/20260.1%
Mariner Finance Issuance Trust 2021-B4.680% 11/20/20360.1%
Southwestern Energy Co7.750% 10/01/20270.1%
Alcoa Nederland Holding BV4.125% 03/31/20290.1%
LogMeIn Inc5.500% 09/01/20270.1%
Mercer International Inc5.125% 02/01/20290.1%
Nationstar Mortgage Holdings Inc5.500% 08/15/20280.1%
Delta Air Lines Inc / SkyMiles IP Ltd4.750% 10/20/20280.1%
Comstock Resources Inc6.750% 03/01/20290.1%
Uber Technologies Inc8.000% 11/01/20260.1%
Citigroup Inc2.666% 01/29/20310.1%
Navient Corp5.000% 03/15/20270.1%
Invitation Homes Operating Partnership LP2.300% 11/15/20280.1%
Wells Fargo Commercial Mortgage Trust 2015-SG14.603% 09/15/20480.1%
CHS/Community Health Systems Inc4.750% 02/15/20310.1%
Bally's Corp3.750% 08/06/20280.1%
Coinbase Global Inc3.375% 10/01/20280.1%
SunCoke Energy Inc4.875% 06/30/20290.1%
FMG Resources August 2006 Pty Ltd4.375% 04/01/20310.1%
Lendmark Funding Trust 2021-24.460% 04/20/20320.1%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC4.875% 02/15/20300.1%
Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.500% 03/15/20270.1%
American Trailer World Corp4.500% 03/03/20280.1%
CEC Entertainment LLC6.750% 05/01/20260.1%
JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc6.500% 04/15/20290.1%
Aegea Finance Sarl5.750% 10/10/20240.1%
WP CPP Holdings LLC4.750% 04/30/20250.1%
New York City Transitional Finance Authority Future Tax Secured Revenue1.950% 08/01/20340.1%
Toll Brothers Finance Corp3.800% 11/01/20290.1%
Gap Inc/The3.875% 10/01/20310.1%
Centene Corp3.375% 02/15/20300.1%
Callon Petroleum Co8.000% 08/01/20280.1%
Century Communities Inc6.750% 06/01/20270.1%
Connect Finco SARL / Connect US Finco LLC6.750% 10/01/20260.1%
Freeport-McMoRan Inc5.450% 03/15/20430.1%
Weatherford International Ltd8.625% 04/30/20300.1%
Bath & Body Works Inc6.875% 11/01/20350.1%
Life 2021-BMR Mortgage Trust1.840% 03/15/20380.1%
Madison IAQ LLC5.875% 06/30/20290.1%
Surgery Center Holdings Inc10.000% 04/15/20270.1%
Genesis Sales Finance Master Trust2.090% 12/21/20260.1%
BHMS 2018-ATLS1.990% 07/15/20350.1%
Carvana Co5.875% 10/01/20280.1%
DaVita Inc3.750% 02/15/20310.1%
Time Warner Cable LLC7.300% 07/01/20380.1%
Warrior Met Coal Inc8.000% 11/01/20240.1%
CSAIL 2016-C7 Commercial Mortgage Trust4.529% 11/15/20490.1%
Delta Air Lines Inc / SkyMiles IP Ltd4.500% 10/20/20250.1%
Sprint Capital Corp6.875% 11/15/20280.1%
CHS/Community Health Systems Inc6.125% 04/01/20300.1%
CA Magnum Holdings5.375% 10/31/20260.1%
Hudsons Bay Simon JV Trust 2015-HBS4.666% 08/05/20340.1%
GrubHub Holdings Inc5.500% 07/01/20270.1%
OneMain Finance Corp5.375% 11/15/20290.1%
Invesco CLO 2021-3 Ltd1.823% 10/22/20340.1%
GREYWOLF CLO VII Ltd1.312% 10/20/20310.1%
NRG Energy Inc4.450% 06/15/20290.1%
Vista Point Securitization Trust 2020-21.475% 04/25/20650.1%
Trans Union LLC0.000% 11/16/20280.1%
KKR CLO 30 Ltd2.140% 10/17/20310.1%
COMM 2015-PC1 Mortgage Trust4.290% 07/10/20500.1%
Credit Suisse Mortgage Capital Certificates1.616% 04/25/20650.1%
HGI CRE CLO 2021-FL1 Ltd2.439% 06/16/20360.1%
Hilcorp Energy I LP / Hilcorp Finance Co5.750% 02/01/20290.1%
SM Energy Co6.750% 09/15/20260.1%
Assurant Inc2.650% 01/15/20320.1%
American Campus Communities Operating Partnership LP2.250% 01/15/20290.1%
J.P. Morgan Chase Commercial Mortgage SecuritiesTrust 2018-MINN2.020% 11/15/20350.1%
Planet Fitness Master Issuer LLC3.858% 12/05/20490.1%
CS Master Trust4.527% 04/15/20230.1%
Boyd Gaming Corp4.750% 06/15/20310.1%
Sri Lanka Government International Bond5.875% 07/25/20220.1%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust3.300% 01/30/20320.1%
Caesars Entertainment Inc4.625% 10/15/20290.1%
Centene Corp2.450% 07/15/20280.1%
Centene Corp4.250% 12/15/20270.1%
National Australia Bank Ltd2.990% 05/21/20310.1%
Apache Corp4.625% 11/15/20250.1%
JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT4.950% 07/05/20330.1%
HONO 2021-LULU Mortgage Trust1.540% 10/15/20360.1%
Macquarie Bank Ltd3.624% 06/03/20300.1%
Wells Fargo Commercial Mortgage Trust 2013-LC124.441% 07/15/20460.1%
Tengizchevroil Finance Co International Ltd3.250% 08/15/20300.1%
Hudsons Bay Simon JV Trust 2015-HBS5.331% 08/05/20340.1%
Griffon Corp5.750% 03/01/20280.1%
Wells Fargo Commercial Mortgage Trust 2016-NXS55.150% 01/15/20590.1%
CSMC 2014-USA OA LLC4.373% 09/15/20370.1%
Wells Fargo Commercial Mortgage Trust 2016-C354.176% 07/15/20480.1%
County of Miami-Dade FL2.786% 10/01/20370.1%
Carnival Corp7.625% 03/01/20260.1%
PVH Corp7.750% 11/15/20230.1%
JPMBB Commercial Mortgage Securities Trust 2015-C304.406% 07/15/20480.1%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.875% 01/16/20240.1%
FMG Resources August 2006 Pty Ltd4.500% 09/15/20270.1%
Centene Corp2.625% 08/01/20310.1%
Regents of the University of California Medical Center Pooled Revenue3.006% 05/15/20500.1%
Parallel 2017-1 Ltd1.162% 07/20/20290.1%
CSMC 2020-AFC1 Trust2.240% 02/25/20500.1%
Royal Caribbean Cruises Ltd11.500% 06/01/20250.1%
Towd Point Asset Trust 2018-SL10.692% 01/25/20460.1%
JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT1.286% 07/05/20330.1%
Diamond Sports Group LLC / Diamond Sports Finance Co5.375% 08/15/20260.1%
Apache Corp4.375% 10/15/20280.1%
ReadyCap Commercial Mortgage Trust 2019-62.833% 10/25/20520.1%
HGI CRE CLO 2021-FL1 Ltd1.789% 06/16/20360.1%
Newell Brands Inc5.875% 04/01/20360.1%
JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT4.549% 07/05/20330.1%
Genesis Sales Finance Master Trust4.710% 09/22/20250.1%
MEG Energy Corp5.875% 02/01/20290.1%
California Resources Corp7.125% 02/01/20260.1%
UBS-BAMLL Trust4.379% 06/10/20300.1%
Fairstone Financial Issuance Trust I6.873% 10/20/20390.1%
Boyd Gaming Corp4.750% 12/01/20270.1%
Match Group Holdings II LLC5.000% 12/15/20270.1%
Viper Energy Partners LP5.375% 11/01/20270.1%
Verus Securitization Trust 2020-12.417% 01/25/20600.0%
CCO Holdings LLC / CCO Holdings Capital Corp5.000% 02/01/20280.0%
Match Group Holdings II LLC5.625% 02/15/20290.0%
Tenet Healthcare Corp6.250% 02/01/20270.0%
HCA Inc5.250% 06/15/20260.0%
Galaxy XXI CLO Ltd1.152% 04/20/20310.0%
CCO Holdings LLC / CCO Holdings Capital Corp4.750% 03/01/20300.0%
SM Energy Co5.625% 06/01/20250.0%
Arbor Realty Commercial Real Estate Notes 2021-FL2 Ltd3.040% 05/15/20360.0%
Massachusetts Educational Financing Authority1.074% 04/25/20380.0%
CPS Auto Receivables Trust 2018-B4.260% 03/15/20240.0%
PFP 2019-6 Ltd1.140% 04/14/20370.0%
BBCMS 2019-BWAY Mortgage Trust1.400% 11/15/20340.0%
HONO 2021-LULU Mortgage Trust1.940% 10/15/20360.0%
Brightsphere Investment Group Inc4.800% 07/27/20260.0%
Avid Automobile Receivables Trust 2019-12.820% 07/15/20260.0%
Freddie Mac Multifamily Structured Pass Through Certificates2.141% 02/25/20320.0%
Diamondback Energy Inc4.750% 05/31/20250.0%
COMM 2015-PC1 Mortgage Trust4.463% 07/10/20500.0%
CPS Auto Receivables Trust 2019-B5.000% 03/17/20250.0%
Carvana Auto Receivables Trust 2021-P12.160% 12/10/20270.0%
GS Mortgage Securities Trust 2015-GC324.574% 07/10/20480.0%
Deephaven Residential Mortgage Trust 2020-12.339% 01/25/20600.0%
US 10YR NOTE (CBT)Mar220.000% 03/31/20220.0%
New Jersey Transportation Trust Fund Authority4.081% 06/15/20390.0%
ACC Trust 2019-14.470% 10/20/20220.0%
Starwood Mortgage Residential Trust 2020-12.275% 02/25/20500.0%
Pennsylvania Higher Education Assistance Agency0.394% 04/25/20380.0%
TRANS UNION LLC0.000% 11/16/20290.0%
Diamond Resorts Owner Trust4.110% 10/22/20290.0%
KKR CLO 18 Ltd3.722% 07/18/20300.0%
Angel Oak Mortgage Trust 2020-12.466% 12/25/20590.0%
Foursight Capital Automobile Receivables Trust 2018-13.680% 08/15/20230.0%
New Residential Mortgage Loan Trust 2020-NQM12.464% 01/26/20600.0%
CPS Auto Receivables Trust 2020-A4.090% 12/15/20250.0%
AMMC CLO XIII Ltd1.824% 07/24/20290.0%
Westgate Resorts 2018-1 LLC3.380% 12/20/20310.0%
WFRBS Commercial Mortgage Trust 2014-C230.708% 10/15/20570.0%
Avid Automobile Receivables Trust 2019-13.140% 07/15/20260.0%
SFAVE Commercial Mortgage Securities Trust 2015-5AVE3.872% 01/05/20430.0%
GCAT 2019-NQM2 Trust2.247% 01/25/20600.0%
Credit Index Swap1.000% 12/20/20260.0%
Residential Mortgage Loan Trust 2020-12.376% 02/25/20240.0%
FX USD/CAD 01/220.000% 01/20/20220.0%
Flagship Credit Auto Trust 2020-21.490% 07/15/20240.0%
Government National Mortgage Association2.900% 02/16/20530.0%
Hudsons Bay Simon JV Trust 2015-HBS0.723% 08/05/20340.0%
FX USD/EUR 12/210.000% 12/10/20210.0%
Citigroup Commercial Mortgage Trust 2014-GC250.310% 10/10/20470.0%
Merrill Lynch Mortgage Investors Trust Series 2006-AF26.250% 10/25/20360.0%
Ford Credit Auto Owner Trust 2020-B0.500% 02/15/20230.0%
Credit Index Swap1.000% 12/20/20260.0%
Danske Bank A/S4.375% 06/12/20280.0%
GS Mortgage Securities Trust 2014-GC264.660% 11/10/20470.0%
Carvana Auto Receivables Trust 2020-P12.840% 09/08/20270.0%
New Century Home Equity Loan Trust Series 2005-A5.454% 08/25/20350.0%
Honda Auto Receivables 2020-2 Owner Trust0.740% 11/15/20220.0%
COMM 2014-CCRE19 Mortgage Trust1.111% 08/10/20470.0%
Hudsons Bay Simon JV Trust 2015-HBS0.665% 08/05/20340.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Avid Automobile Receivables Trust 2019-12.620% 02/15/20240.0%
MND Holdings III Corp4.500% 06/19/20240.0%
Learning Care Group US No 2 Inc4.250% 03/13/20250.0%
Dommo Energia SA0.000% -0.0%
FX EUR/USD 12/210.000% 12/10/20210.0%
Commercial Mortgage Backed Index Swap1.500% 10/17/20570.0%
Dommo Energia SA0.000% -0.0%
Cvent Inc3.840% 11/29/20240.0%
Learfield Communications LLC4.250% 12/01/20230.0%
OGX Austria GmbH8.500% 06/01/20180.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
FX EUR/USD 12/210.000% 12/10/20210.0%
FX EUR/USD 12/210.000% 12/10/20210.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 08/17/20610.0%
US 2YR NOTE (CBT) Mar220.000% 04/05/20220.0%
US 10yr Ultra Fut Mar220.000% 03/31/2022-0.1%

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 01/14/2022
$0
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 12/31/2021 $0.02044 $10.47
Daily Daily 11/30/2021 $0.01960 $10.56
Daily Daily 10/31/2021 $0.01959 $10.56
Daily Daily 09/30/2021 $0.02044 $10.58
Daily Daily 08/31/2021 $0.02062 $10.68
Daily Daily 07/31/2021 $0.02062 $10.71
Daily Daily 06/30/2021 $0.02182 $10.63
Daily Daily 05/31/2021 $0.02154 $10.55
Daily Daily 04/30/2021 $0.01992 $10.53
Daily Daily 03/31/2021 $0.01956 $10.45
Daily Daily 02/28/2021 $0.01930 $10.57
Daily Daily 01/31/2021 $0.01782 $10.71

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 01/31/2022
Daily Daily 02/28/2022
Daily Daily 03/31/2022
Daily Daily 04/30/2022
Daily Daily 05/31/2022
Daily Daily 06/30/2022
Daily Daily 07/31/2022
Daily Daily 08/31/2022
Daily Daily 09/30/2022
Daily Daily 10/31/2022
Daily Daily 11/30/2022
Daily Daily 12/31/2022

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 $0.0629 - $0.0629 $10.51
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Upcoming Capital Gain Distribution

Record Date Ex-Dividend Date
12/19/2022 12/20/2022

Fees & Expenses

Fees & Expenses

Expense Ratioas of 12/31/2021

Fund Gross Expense Ratio Fund Net Expense Ratio
0.46% 0.42%

Expense ratio details, Click here.

Fund Documents

Fund Documents

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

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
Publish Date:11/03/2015

To order literature visit full website

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

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

 
 Quantity
Quantity
 Remove
Remove

*Barron’s Overall Fund Family of 2020,” #7 overall ranking among 53 qualifying fund families based on the net total return of the one-year period ending 12/31/2020. Five-year overall ranking is #4 out of 50 qualifying fund families; and 10-year overall ranking is #21 out of 44 qualifying fund families.

Source: Barron’s, “Barron’s Best Fund Families of 2020,” February 20, 2021. Barron’s rankings are based on asset weighted returns in funds in five categories: general equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2020, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2020 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well.

Barron's Fund Family Rankings are awarded annually.

To qualify for the ranking, firms must offer at least three active mutual funds or actively run ETFs in Lipper’s general U.S. stock category; one in world equity; and one mixed asset, such as a balanced or allocation fund. They also need to offer at least two taxable bond funds and one national tax-exempt bond fund. All funds must have a track record of at least one year. While the ranking excludes index funds, it does include actively managed ETFs and “smart beta” ETFs, which are run passively but built on active investment strategies.

© Refinitiv Lipper 2021. All Rights Reserved. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. Lipper provides global, independent fund performance data. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

+

There is no minimum initial investment for (i) purchases through or by registered investment advisers (RIAs), bank trust departments, and other financial intermediaries otherwise eligible to purchase Class I shares that charge a fee for services that include investment advisory or management services or (ii) purchases by retirement and benefit plans meeting the Class I eligibility requirements as described in the prospectus. These investment minimums may be suspended, changed, or withdrawn by Lord Abbett Distributor LLC ("Lord Abbett Distributor").
Class I shares minimum initial investment of $1,000,000, unless otherwise noted, applies to certain types of institutional investors as described in the prospectus. 

1

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

 

2

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

 

3

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

 

4

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

 

5

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

 

6

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

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The value of an investment in the Fund will change as interest rates fluctuate in response to market movements. When interest rates rise, the prices of debt securities are likely to decline, and when interest rates fall, the prices of debt securities tend to rise. 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. 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.

 

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 Bloomberg U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. 

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.

 

The Morningstar Intermediate Term Bond Average represents funds that focus on corporate, government, foreign, or other issues with an average duration of greater than or equal to 3.5 years but less than or equal to six years, or an average effective maturity of more than four years but less than 10 years.

 

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.

 

The Net Expense Ratio takes into account a voluntary expense reimbursement arrangement, which may be modified or terminated at any time and without which performance would have been lower.  

 

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.

 

The net expense ratio for Class I takes into account a contractual fee waiver/expense reimbursement that currently is scheduled to remain in place through 03/31/2022. For periods when fees and expenses were waived and/or reimbursed, the share class benefited by not bearing such expenses. Without such waivers, performance would have been lower.

 

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