Lord Abbett Income’s strong management team and experienced credit research crew provide the foundation for its corporate credit-heavy strategy with multisector tints, but its bold profile can be a liability when credit markets become jittery.
Lord Abbett Income F LAUFX
- NAV / 1-Day Return 2.40 / 0.00
- Total Assets 4.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.630%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 5.38%
- Effective Duration 6.62 years
USD | NAV as of May 09, 2024 | 1-Day Return as of May 09, 2024, 10:15 PM GMT+0
Morningstar’s Analysis LAUFX
Will LAUFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bonds 4.38% | 3.65 | 160.8 Mil | Government |
Barclays Capital | 1.36 | 60.0 Mil | Cash and Equivalents |
B.A.T. Capital Corporation 7.75% | 1.03 | 45.2 Mil | Corporate |
Sprint Capital Corporation 6.88% | 0.96 | 42.1 Mil | Corporate |
Continental Resources, Inc. 5.75% | 0.92 | 40.4 Mil | Corporate |
Centene Corporation 3.38% | 0.79 | 34.6 Mil | Corporate |
Charter Communications Operating Llc | 0.78 | 34.2 Mil | Corporate |
JPMorgan Chase & Co. 4.91% | 0.73 | 32.3 Mil | Corporate |
Ford Motor Credit Company LLC 3.38% | 0.69 | 30.3 Mil | Corporate |
Vici Properties Inc 4.63% | 0.67 | 29.5 Mil | Corporate |