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Lord Abbett Income R5 LAUTX

Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 2.41  /  −0.40 %
  • Total Assets 4.3 Bil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment
  • Status Open
  • TTM Yield 5.29%
  • Effective Duration 6.73 years

USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:18 PM GMT+0

Morningstar’s Analysis LAUTX

Will LAUTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

An aggressive lean has stung this corporate bond offering more than once.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Lord Abbett Income’s team is sizable and experienced, but its aggressive approach has struggled during credit market selloffs. The strategy earns a Morningstar Analyst Rating of Neutral across its cheaper share class offerings and a Negative on its priciest option.

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Portfolio Holdings LAUTX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 10.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.38%

2.41 101.2 Mil
Government

B.A.T. Capital Corporation 7.75%

1.08 45.4 Mil
Corporate

Sprint Capital Corporation 6.88%

1.02 42.6 Mil
Corporate

Continental Resources, Inc. 5.75%

0.96 40.3 Mil
Corporate

United States Treasury Notes 0.25%

0.85 35.8 Mil
Government

Centene Corporation 3.38%

0.83 35.0 Mil
Corporate

Charter Communications Operating Llc

0.80 33.4 Mil
Corporate

JPMorgan Chase & Co. 4.91%

0.78 32.5 Mil
Corporate

Bank of America Corp. 2.69%

0.73 30.8 Mil
Corporate

Ford Motor Credit Company LLC 3.38%

0.72 30.2 Mil
Corporate