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Morningstar

Lord Abbett Income I LAUYX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 2.37  /  −0.40 %
  • Total Assets 4.3 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 Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.29%
  • Effective Duration 6.61 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

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.

Corporate bond fund with dimmed investment-grade focus.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

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.

by Chiayi Tsui
Rated on Published on

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Portfolio Holdings LAUYX

More LAUYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.38%

3.02 130.8 Mil
Government

B.A.T. Capital Corporation 7.75%

1.03 44.7 Mil
Corporate

Sprint Capital Corporation 6.88%

0.97 42.0 Mil
Corporate

Continental Resources, Inc. 5.75%

0.92 39.7 Mil
Corporate

United States Treasury Notes 0.25%

0.83 36.0 Mil
Government

Centene Corporation 3.38%

0.80 34.4 Mil
Corporate

Charter Communications Operating Llc

0.79 34.2 Mil
Corporate

AES Corp. 0%

0.77 33.3 Mil
Cash and Equivalents

JPMorgan Chase & Co. 4.91%

0.74 32.0 Mil
Corporate

Ford Motor Credit Company LLC 3.38%

0.70 30.2 Mil
Corporate