Floating Rate High Income Fund
January 28 is the quarterly deadline to redeem Floating Rate High Income Fund.
Daily price w/o sales charge as of 10/28/2024
$10.27
$0.00
YTD Returns w/o sales charge as of 10/28/2024
9.74%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks a high level of current income.
Average Yield to Maturity as of 09/30/2024 |
8.70% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 10.54% | 7.77% |
Fund Basicsas of 09/30/2024
- Total Net Assets
- $12.43 M
- Total Managed Assets
- $16.23 M
- Inception Date
- 01/26/2023
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 5.23%
- Fund Net Expense Ratio
- 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 8.50% | 12.24% | - | - | - | 12.17% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 6.61% | 9.65% | - | - | - | 10.67% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 8.50% | 12.24% | - | - | - | 12.17% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 6.61% | 9.65% | - | - | - | 10.67% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect sales charges, which are not applicable to Class I Shares. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
Portfolio
Portfolio
Type | Assets |
---|---|
Bank Loans | |
CLO | |
High Yield Bonds | |
ABS | |
Other | |
Cash |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
Rating | Assets |
---|---|
Less than 1 year | |
1-3 years | |
3-5 years | |
5-7 years | |
7-10 years | |
Greater than 10 years |
The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.
Credit Quality Distribution as of 09/30/2024
Rating | Assets |
---|---|
U.S. Treasury | |
BB | |
B | |
<B | |
Not Rated |
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.
Portfolio Details as of 09/30/2024
- Total Net Assets
- $12.43 M
- Average Effective Duration
- 0.31 Years
- Average Life
- 3.16 Years
- Average Maturity
- 5.05 Years
- Number of Issues
- 182
- Average Yield to Maturity
- 8.70%
To view definitions for the above Portfolio Details, Click here.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.
Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.
All Holdings as of08/30/2024
Holding | Coupon | Maturity | Assets |
---|
United States Treasury Bill | 0.000% | 09/03/2024 | 2.5% |
MARKET BIDCO LIMITED | 8.292% | 11/04/2027 | 1.2% |
888 ACQUISITIONS LIMITED | 10.575% | 07/01/2028 | 1.1% |
Renaissance Holdings Corp | 9.497% | 04/05/2030 | 1.0% |
ADMI Corp | 10.997% | 12/23/2027 | 1.0% |
Garda World Security Corp | 8.832% | 02/01/2029 | 1.0% |
Polaris Newco LLC | 7.722% | 06/02/2028 | 1.0% |
Dryden 115 CLO Ltd | 12.379% | 04/18/2037 | 1.0% |
Rocket Software Inc | 9.997% | 11/28/2028 | 1.0% |
Arcline FM Holdings LLC | 9.567% | 06/23/2028 | 1.0% |
DARKTRACE PLC | 0.000% | 07/02/2032 | 1.0% |
AVSC Holding Corp | 8.944% | 03/03/2025 | 1.0% |
APIDOS CLO XLVIII Ltd | 11.086% | 07/25/2037 | 0.9% |
Red Planet Borrower LLC | 8.847% | 10/02/2028 | 0.9% |
Heartland Dental LLC | 9.747% | 04/28/2028 | 0.9% |
Modena Buyer LLC | 9.832% | 07/01/2031 | 0.9% |
OCP Clo 2019-17 Ltd | 11.532% | 07/20/2037 | 0.9% |
Bear Mountain Park CLO Ltd | 11.251% | 07/15/2037 | 0.9% |
Hunter US Bidco Inc | 9.685% | 08/19/2028 | 0.9% |
Wellington Management Clo 3 Ltd | 10.852% | 07/18/2037 | 0.9% |
Cloud Software Group Inc | 9.335% | 03/30/2029 | 0.9% |
EPIC Y-Grade Services LP | 11.068% | 06/29/2029 | 0.9% |
Constant Contact Inc | 9.566% | 02/10/2028 | 0.9% |
DONCASTERS FINANCE US LLC | 11.835% | 04/23/2030 | 0.9% |
Peraton Corp | 12.971% | 02/01/2029 | 0.8% |
DTI Holdco Inc | 9.997% | 04/26/2029 | 0.8% |
HAMILTON PROJECTS ACQUIROR LLC | 8.831% | 05/22/2031 | 0.8% |
Champions Financing Inc | 9.852% | 02/23/2029 | 0.8% |
SOUTH FIELD LLC | 0.000% | 08/15/2031 | 0.8% |
United PF Holdings LLC | 9.514% | 12/30/2026 | 0.8% |
SupplyOne Inc | 9.497% | 04/21/2031 | 0.8% |
ION Trading Finance Ltd | 7.972% | 04/01/2028 | 0.8% |
Park River Holdings Inc | 8.843% | 12/28/2027 | 0.8% |
Nexus Buyer LLC | 9.081% | 07/31/2031 | 0.8% |
Dye & Durham Corp | 9.685% | 04/11/2031 | 0.8% |
Berlin Packaging LLC | 9.085% | 06/09/2031 | 0.7% |
Titan Acquisition Ltd/Canada | 10.326% | 02/15/2029 | 0.7% |
Fitness International LLC | 10.497% | 02/05/2029 | 0.7% |
WaterBridge Midstream Operating LLC | 10.085% | 06/27/2029 | 0.7% |
Amynta Agency Borrower Inc | 0.000% | 02/28/2028 | 0.7% |
McAfee Corp | 8.592% | 03/01/2029 | 0.7% |
Azalea Topco Inc | 8.747% | 04/30/2031 | 0.7% |
NAUTILUS POWER LLC | 10.846% | 11/16/2026 | 0.7% |
Nexus Buyer LLC | 11.597% | 11/05/2029 | 0.7% |
Triton Water Holdings Inc | 9.335% | 03/31/2028 | 0.7% |
Osaic Holdings Inc | 9.247% | 08/17/2028 | 0.7% |
LBM Acquisition LLC | 0.000% | 12/17/2027 | 0.7% |
Nova Alexandre III SAS | 8.935% | 07/15/2029 | 0.7% |
National Mentor Holdings Inc | 9.097% | 03/02/2028 | 0.7% |
Kobe US Midco 2 Inc | 9.250% | 11/01/2026 | 0.7% |
Dcert Buyer Inc | 0.000% | 10/16/2026 | 0.7% |
Mangrove Luxco III Sarl | 8.674% | 07/15/2029 | 0.7% |
Arches Buyer Inc | 8.597% | 12/06/2027 | 0.7% |
Ensono Inc | 9.361% | 05/26/2028 | 0.7% |
Tenneco Inc | 10.228% | 11/17/2028 | 0.7% |
EPIC Crude Services LP | 10.361% | 03/02/2026 | 0.7% |
Asurion LLC | 10.611% | 01/20/2029 | 0.7% |
BOLUDA TOWAGE S.L. | 7.255% | 06/01/2030 | 0.7% |
TORONTO DOMINION BANK THE | 0.010% | 09/03/2024 | 0.7% |
Summit Behavioral Healthcare LLC | 9.307% | 11/24/2028 | 0.7% |
Vision Solutions Inc | 12.764% | 04/23/2029 | 0.7% |
Boxer Parent Co Inc | 9.005% | 07/30/2031 | 0.6% |
CERAMTEC ACQUICO GMBH | 7.005% | 03/16/2029 | 0.6% |
Delta Topco Inc | 10.596% | 11/29/2030 | 0.6% |
Spring Education Group Inc | 9.335% | 10/04/2030 | 0.6% |
USIC Holdings Inc | 12.096% | 05/14/2029 | 0.6% |
Edelman Financial Engines Center LLC/The | 10.497% | 10/06/2028 | 0.6% |
BELLIS ACQUISITION COMPANY PLC | 7.802% | 05/14/2031 | 0.6% |
Epicor Software Corp | 8.497% | 05/23/2031 | 0.6% |
Curia Global Inc | 9.097% | 08/30/2026 | 0.6% |
Empower CLO 2024-2 Ltd | 11.351% | 07/15/2037 | 0.6% |
Neuberger Berman Loan Advisers Clo 56 Ltd | 11.033% | 07/24/2037 | 0.6% |
Lodi Park CLO Ltd | 10.935% | 07/21/2037 | 0.6% |
Generate Clo 16 Ltd | 11.432% | 07/20/2037 | 0.6% |
Mitchell International Inc | 10.497% | 06/17/2032 | 0.6% |
Dermatology Intermediate Holdings III Inc | 10.752% | 03/30/2029 | 0.6% |
Boxer Parent Co Inc | 10.866% | 07/02/2032 | 0.6% |
Newfold Digital Holdings Group Inc | 8.965% | 02/10/2028 | 0.6% |
Star Holding LLC | 9.747% | 07/31/2031 | 0.6% |
Spin Holdco Inc | 9.600% | 03/04/2028 | 0.6% |
Service Logic Acquisition Inc | 9.361% | 10/29/2027 | 0.6% |
LifePoint Health Inc | 9.342% | 05/17/2031 | 0.6% |
JFL-Tiger Acquisition Co Inc | 9.842% | 10/17/2030 | 0.6% |
TTF HOLDINGS LLC | 9.026% | 07/18/2031 | 0.6% |
Werner FinCo LP / Werner FinCo Inc | 11.500% | 06/15/2028 | 0.6% |
AI Aqua Merger Sub Inc | 8.843% | 07/31/2028 | 0.6% |
CPPIB OVM Member US LLC | 8.586% | 08/07/2031 | 0.5% |
ION Corporate Solutions Finance Sarl | 7.472% | 03/11/2028 | 0.5% |
Lumen Technologies Inc | 4.000% | 02/15/2027 | 0.5% |
Bulldog Purchaser Inc | 9.589% | 06/27/2031 | 0.5% |
CAL Receivables 2022-1 LLC | 9.704% | 10/15/2026 | 0.5% |
Pretium PKG Holdings Inc | 1.403% | 10/02/2028 | 0.5% |
OneDigital Borrower LLC | 10.497% | 07/02/2031 | 0.5% |
Recess Holdings Inc | 9.752% | 02/20/2030 | 0.5% |
DRW Holdings LLC | 8.588% | 06/17/2031 | 0.5% |
eResearchTechnology Inc | 9.247% | 02/04/2027 | 0.5% |
Herens Holdco Sarl | 7.647% | 07/03/2028 | 0.5% |
Rand Parent LLC | 9.071% | 03/17/2030 | 0.5% |
PetSmart LLC | 9.097% | 02/11/2028 | 0.5% |
Ontario Gaming GTA LP | 9.585% | 08/01/2030 | 0.5% |
IFCO MANAGEMENT GMBH | 7.652% | 11/29/2029 | 0.5% |
Global Medical Response Inc | 10.844% | 10/31/2028 | 0.5% |
XPLOR T1 LLC | 9.597% | 06/24/2031 | 0.5% |
Star Parent Inc | 9.085% | 09/27/2030 | 0.5% |
Titan US Finco LLC | 9.601% | 10/18/2028 | 0.5% |
Cornerstone Building Brands Inc | 9.837% | 05/02/2031 | 0.5% |
Cotiviti Inc | 7.625% | 05/01/2031 | 0.5% |
Sedgwick Claims Management Services Inc | 8.252% | 07/31/2031 | 0.5% |
SUMMER BC HOLDCO B SARL | 10.595% | 02/05/2029 | 0.5% |
Brock Holdings III LLC | 11.335% | 05/02/2030 | 0.5% |
WaterBridge NDB Operating LLC | 9.603% | 05/10/2029 | 0.5% |
ConnectWise LLC | 9.096% | 09/29/2028 | 0.5% |
Central Parent LLC | 8.585% | 07/06/2029 | 0.5% |
Fertitta Entertainment LLC/NV | 9.087% | 01/27/2029 | 0.5% |
Acrisure LLC | 8.594% | 11/06/2030 | 0.5% |
CD+R HYDRA BUYER INC | 9.347% | 03/25/2031 | 0.5% |
Vision Solutions Inc | 9.514% | 04/24/2028 | 0.5% |
UPFIELD BV | 9.765% | 01/03/2028 | 0.5% |
MH Sub I LLC | 9.502% | 05/03/2028 | 0.5% |
JETBLUE AIRWAYS CORPORATION | 0.000% | 08/13/2029 | 0.5% |
CELESTIAL SATURN PARENT INC | 11.861% | 06/04/2029 | 0.4% |
Sunnova Energy Corp | 5.875% | 09/01/2026 | 0.4% |
Plaskolite PPC Intermediate II LLC | 9.361% | 12/15/2025 | 0.4% |
Realtruck Group Inc | 10.361% | 01/31/2028 | 0.4% |
CP Atlas Buyer Inc | 9.097% | 11/23/2027 | 0.4% |
BCPE GRILL PARENT | 10.002% | 09/30/2030 | 0.4% |
8th Avenue Food & Provisions Inc | 0.000% | 10/01/2025 | 0.4% |
VistaJet Malta Finance PLC / Vista Management Holding Inc | 9.500% | 06/01/2028 | 0.4% |
Curaleaf Holdings Inc | 8.000% | 12/15/2026 | 0.4% |
Engineered Machinery Holdings Inc | 11.596% | 05/21/2029 | 0.4% |
Sinclair Television Group Inc | 8.014% | 09/30/2026 | 0.4% |
Staples Inc | 11.084% | 09/04/2029 | 0.4% |
CLAY HOLDCO B V | 8.386% | 12/31/2029 | 0.4% |
QSRP FINCO BV | 8.955% | 06/19/2031 | 0.4% |
Altice France SA | 6.685% | 02/02/2026 | 0.4% |
Project Boost Purchaser LLC | 10.533% | 07/16/2032 | 0.4% |
Flynn Restaurant Group LP | 9.611% | 12/01/2028 | 0.4% |
APTTUS CORPORATION | 8.557% | 05/08/2028 | 0.4% |
BCPE Empire Holdings Inc | 9.247% | 12/11/2028 | 0.4% |
Tank Holding Corp | 11.097% | 03/31/2028 | 0.4% |
Ingenovis Health Inc | 9.611% | 03/06/2028 | 0.4% |
Allied Universal Holdco LLC | 9.097% | 05/12/2028 | 0.4% |
Michaels Cos Inc/The | 9.846% | 04/15/2028 | 0.4% |
MOSEL BIDCO SE | 9.835% | 09/16/2030 | 0.4% |
Cengage Learning Inc | 9.538% | 03/22/2031 | 0.4% |
Aragorn Parent Corp | 9.562% | 12/15/2028 | 0.4% |
HOBBS + ASSOCIATES LLC | 8.497% | 07/23/2031 | 0.4% |
CMG Media Corp | 8.935% | 12/17/2026 | 0.4% |
ACProducts Holdings Inc | 9.846% | 05/17/2028 | 0.4% |
Evergreen Acqco 1 LP | 9.085% | 04/26/2028 | 0.4% |
Oscar Acquisitionco LLC | 9.585% | 04/29/2029 | 0.3% |
Lightstone Holdco LLC | 11.002% | 01/29/2027 | 0.3% |
Directv Financing LLC | 10.361% | 08/02/2027 | 0.3% |
GPS Hospitality Holding Co LLC / GPS Finco Inc | 7.000% | 08/15/2028 | 0.3% |
CEVA SANTE ANIMALE | 7.222% | 11/08/2030 | 0.2% |
Cloud Software Group Inc | 9.835% | 03/21/2031 | 0.2% |
Lightstone Holdco LLC | 11.002% | 01/29/2027 | 0.2% |
Tank Holding Corp | 11.347% | 03/31/2028 | 0.1% |
SOUTH FIELD LLC | 0.000% | 08/15/2031 | 0.1% |
Project Boost Purchaser LLC | 8.786% | 07/16/2031 | 0.1% |
Total Return Swap | 5.364% | 09/20/2024 | 0.1% |
National Mentor Holdings Inc | 9.185% | 03/02/2028 | 0.0% |
Nabors Industries Inc | 8.875% | 08/15/2031 | 0.0% |
Tank Holding Corp | 0.010% | 03/31/2028 | 0.0% |
Total Return Swap | 5.364% | 09/20/2024 | 0.0% |
Total Return Swap | 5.364% | 09/20/2024 | 0.0% |
Total Return Swap | 5.364% | 09/20/2024 | 0.0% |
Capstone Borrower Inc | 8.585% | 06/17/2030 | 0.0% |
FX USD/EUR 11/24 | 0.000% | 11/20/2024 | 0.0% |
Epicor Software Corp | 0.000% | 05/30/2031 | 0.0% |
HOBBS + ASSOCIATES LLC | 0.000% | 07/23/2031 | 0.0% |
Interest Rate Swap | 4.523% | 02/15/2026 | 0.0% |
DONCASTERS FINANCE US LLC | 0.000% | 04/23/2030 | 0.0% |
FX EUR/USD 11/24 | 0.000% | 11/20/2024 | 0.0% |
Interest Rate Swap | 4.552% | 02/15/2026 | 0.0% |
Interest Rate Swap | 4.007% | 06/01/2028 | 0.0% |
FX USD/EUR 11/24 | 0.000% | 11/20/2024 | 0.0% |
Holding | Coupon | Maturity | Assets |
---|
United States Treasury Bill | 0.000% | 10/01/2024 | 2.5% |
MARKET BIDCO LIMITED | 8.292% | 11/04/2027 | 1.2% |
888 ACQUISITIONS LIMITED | 10.575% | 07/01/2028 | 1.1% |
Renaissance Holdings Corp | 9.095% | 04/05/2030 | 1.1% |
ADMI Corp | 10.595% | 12/23/2027 | 1.1% |
Garda World Security Corp | 8.597% | 02/01/2029 | 1.0% |
Dryden 115 CLO Ltd | 12.379% | 04/18/2037 | 1.0% |
Arcline FM Holdings LLC | 9.567% | 06/23/2028 | 1.0% |
Rocket Software Inc | 9.595% | 11/28/2028 | 1.0% |
FEDERAL HOME LOAN BANK DISCOUN | 0.000% | 10/01/2024 | 1.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Performance
Performance
Dividend Yield 1 as of 10/28/2024
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 8.24% | 5.13% |
30-Day Standardized Yield 2 as of 09/30/2024
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 10.54% | 7.77% |
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 8.50% | 12.24% | - | - | - | 12.17% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 6.61% | 9.65% | - | - | - | 10.67% |
w/ sales charge | 8.50% | 12.24% | - | - | - | 12.17% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/10/2023 |
---|
w/o sales charge | 8.50% | 12.24% | - | - | - | 12.17% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 6.61% | 9.65% | - | - | - | 10.67% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 5.23%
Net 0.25%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect sales charges, which are not applicable to Class I Shares. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
NAV Historical Prices
Date | Net Asset Value |
---|
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 10/28/2024
- $0.82011
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 09/30/2024 | $0.07049 | $10.23 |
Daily | Daily | 08/31/2024 | $0.08624 | $10.22 |
Daily | Daily | 07/31/2024 | $0.09241 | $10.24 |
Daily | Daily | 06/30/2024 | $0.08887 | $10.25 |
Daily | Daily | 05/31/2024 | $0.10441 | $10.30 |
Daily | Daily | 04/30/2024 | $0.09456 | $10.27 |
Daily | Daily | 03/31/2024 | $0.10130 | $10.29 |
Daily | Daily | 02/29/2024 | $0.08774 | $10.25 |
Daily | Daily | 01/31/2024 | $0.09409 | $10.22 |
Upcoming Dividend Payment Dates
Record Date | Ex-Dividend Date | Reinvest & Payable Date |
---|---|---|
Daily | Daily | 10/31/2024 |
Daily | Daily | 11/30/2024 |
Daily | Daily | 12/31/2024 |
Capital Gains Distributions
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/18/2023 | 12/19/2023 | $0.0090 | $0.0311 | $0.0401 | $10.19 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
Expense Ratio
Fund Gross Expense Ratio | 5.23% |
Fund Net Expense Ratio | 0.25% |
Adjusted Expense Ratio | - |
Expense ratio details, Click here.
The Fund's net expense ratio takes into account deductions for interest expenses and other related expenses from certain of the Fund's investments, as applicable. The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 04/30/2025. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
0Documents selected
|
||||
---|---|---|---|---|
Portfolio Holdings 1Q
Publish Date:11/03/2015
|
||||
Portfolio Holdings 3Q
Publish Date:11/03/2015
|
||||
Statutory Prospectus
Publish Date:11/03/2015
|
||||
SAI
Publish Date:11/03/2015
|
||||
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
|
||||
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
|
Section 16 filings available HERE.