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Lord Abbett Income R3 LAURX

Analyst rating as of
NAV / 1-Day Return
2.46  /  0.83 %
Total Assets
2.6 Bil
Adj. Expense Ratio
1.030%
Expense Ratio
1.030%
Distribution Fee Level
High
Share Class Type
Retirement, Medium
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
3.68%
Effective Duration
6.62 years

Morningstar’s Analysis LAURX

Will LAURX outperform in future?

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

A corporate bond offering with an aggressive tilt.

Summary

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Lord Abbett Income’s seasoned and stable management team oversees an aggressive approach that has struggled during credit market sell-offs. The strategy earns a Morningstar Analyst Rating of Neutral across its cheaper share class offerings and Negative on its priciest option.

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