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Lord Abbett Income C LAUSX

Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 2.43  /  +0.45 %
  • Total Assets 4.2 Bil
  • Adj. Expense Ratio
    1.370%
  • Expense Ratio 1.370%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 4.36%
  • Effective Duration 6.73 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:14 PM GMT+0

Morningstar’s Analysis LAUSX

Will LAUSX 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 LAUSX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 12.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.75%

3.64 144.3 Mil
Government

Barclays Capital

2.81 111.6 Mil

United States Treasury Bonds 4.13%

1.28 50.6 Mil
Government

B.A.T. Capital Corporation 7.75%

1.14 45.1 Mil
Corporate

Sprint Capital Corporation 6.88%

1.08 42.7 Mil
Corporate

Continental Resources, Inc. 5.75%

1.02 40.3 Mil
Corporate

United States Treasury Notes 0.25%

0.90 35.7 Mil
Government

Centene Corporation 3.38%

0.88 35.0 Mil
Corporate

United States Treasury Notes 4.5%

0.83 32.9 Mil
Government

JPMorgan Chase & Co. 4.91%

0.82 32.6 Mil
Corporate