Morningstar

Lord Abbett Income Fund Class A LAGVX

Morningstar Medalist Rating
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Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $2.31  /  0.00
  • Fund Size $6.1B
  • Adjusted Expense Ratio 0.710%
  • Net Expense Ratio 0.710%
  • Fee Level: Distribution Low
  • Share Class Type Front Load
  • Morningstar Category Corporate Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,500
  • Investment Status Open
  • TTM Yield 5.61%
  • Average Effective Duration 6.38 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LAGVX

Will LAGVX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LAGVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LAGVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LAGVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Higher risk backed by disciplined execution.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

While Lord Abbett Income operates on the riskier side of the corporate bond Morningstar Category, its time-tested approach and veteran management support a Process rating upgrade to Above Average from Average.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings LAGVX

More LAGVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 5%

1.77 112M
Government

Charter Communications Operating Llc

0.98 62M
Corporate

Nrg Energy Inc

0.95 60M
Corporate

Discovery Global Holdings Inc

0.78 49M
Corporate

ITC Holdings Corporation 5.5%

0.72 46M
Corporate

B.A.T. Capital Corporation 7.75%

0.71 45M
Corporate

Flutter Financing BV

0.71 45M
Corporate

CommonSpirit Health 5.32%

0.67 42M
Corporate

BEIGNET INV LLC 6.58%

0.64 40M
Corporate

Adventist Health Systems (West) 5.76%

0.61 39M
Corporate

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