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Morningstar

Lord Abbett Income I LAUYX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 2.47  /  0.00
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 4.46%
  • Effective Duration —

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis LAUYX

Will LAUYX outperform in 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 LAUYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LAUYX 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 LAUYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A corporate bond offering with an aggressive tilt.

Senior Analyst

Summary

| by R.J. D'Ancona

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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