Floating Rate High Income Fund
October 23 is the quarterly deadline to redeem Floating Rate High Income Fund.
Daily price w/o sales charge as of 07/26/2024
$10.23
$0.01
YTD Returns w/o sales charge as of 07/26/2024
6.69%
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 06/28/2024 |
9.91% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 11.38% | 8.84% |
Fund Basicsas of 06/28/2024
- Total Net Assets
- $12.22 M
- Total Managed Assets
- $15.97 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 | 6.11% | 14.10% | - | - | - | 12.68% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 4.44% | 11.04% | - | - | - | 11.05% |
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 | 6.11% | 14.10% | - | - | - | 12.68% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 4.44% | 11.04% | - | - | - | 11.05% |
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 06/28/2024
Rating | Assets |
---|---|
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 06/28/2024
- Total Net Assets
- $12.22 M
- Average Effective Duration
- 0.27 Years
- Average Life
- 3.46 Years
- Average Maturity
- 5.22 Years
- Number of Issues
- 192
- Average Yield to Maturity
- 9.91%
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 of05/31/2024
Holding | Coupon | Maturity | Assets |
---|
Magnetite XXII Ltd | 11.940% | 04/15/2031 | 1.6% |
888 ACQUISITIONS LIMITED | 10.575% | 07/01/2028 | 1.2% |
MARKET BIDCO LIMITED | 8.578% | 11/04/2027 | 1.1% |
FEDERAL HOME LOAN BANK DISCOUN | 0.000% | 06/03/2024 | 1.1% |
Renaissance Holdings Corp | 9.597% | 04/05/2030 | 1.1% |
ADMI Corp | 11.079% | 12/23/2027 | 1.1% |
Arcline FM Holdings LLC | 10.321% | 06/23/2028 | 1.0% |
Rocket Software Inc | 10.079% | 11/28/2028 | 1.0% |
Dryden 115 CLO Ltd | 12.427% | 04/18/2037 | 1.0% |
Star Parent Inc | 9.309% | 09/27/2030 | 1.0% |
Hunter US Bidco Inc | 9.659% | 08/19/2028 | 1.0% |
Modena Buyer LLC | 0.000% | 04/18/2031 | 0.9% |
Fitness International LLC | 10.579% | 02/05/2029 | 0.9% |
Plaskolite PPC Intermediate II LLC | 9.442% | 12/15/2025 | 0.9% |
Southern Veterinary Partners LLC | 9.079% | 10/05/2027 | 0.9% |
APIDOS CLO XLVIII Ltd | 11.080% | 07/25/2037 | 0.9% |
SUMMIT BEHAVIRAL HEALTHCRE LLC | 9.597% | 11/24/2028 | 0.9% |
Amynta Agency Borrower Inc | 9.552% | 02/28/2028 | 0.9% |
Frontier Communications Holdings LLC | 9.180% | 10/08/2027 | 0.9% |
EPIC Y-Grade Services LP | 11.052% | 06/29/2029 | 0.9% |
Cloud Software Group Inc | 9.909% | 03/30/2029 | 0.9% |
Edelman Financial Engines Center LLC/The | 12.194% | 07/20/2026 | 0.9% |
Asurion LLC | 10.694% | 01/20/2029 | 0.9% |
Heartland Dental LLC | 10.321% | 04/28/2028 | 0.9% |
DONCASTERS FINANCE US LLC | 11.826% | 04/23/2030 | 0.9% |
Peraton Corp | 13.177% | 02/01/2029 | 0.9% |
NGL Energy Operating LLC | 9.829% | 02/02/2031 | 0.9% |
Global Aircraft Leasing Co Ltd | 6.500% | 09/15/2024 | 0.9% |
eResearchTechnology Inc | 9.930% | 02/04/2027 | 0.8% |
Minotaur Acquisition Inc | 10.179% | 03/27/2026 | 0.8% |
TORONTO DOMINION BANK THE | 0.010% | 06/03/2024 | 0.8% |
ACProducts Holdings Inc | 9.814% | 05/17/2028 | 0.8% |
SupplyOne Inc | 9.579% | 04/21/2031 | 0.8% |
Allied Universal Holdco LLC | 9.179% | 05/12/2028 | 0.8% |
United PF Holdings LLC | 9.591% | 12/30/2026 | 0.8% |
US Silica Co | 9.329% | 03/25/2030 | 0.8% |
ION Trading Finance Ltd | 8.152% | 04/01/2028 | 0.8% |
PARTS EUROPE SA | 7.647% | 02/03/2031 | 0.8% |
Dye & Durham Corp | 9.556% | 04/11/2031 | 0.8% |
AI Aqua Merger Sub Inc | 9.320% | 07/31/2028 | 0.8% |
Brock Holdings III LLC | 11.328% | 05/02/2030 | 0.7% |
USIC Holdings Inc | 12.064% | 05/14/2029 | 0.7% |
WaterBridge NDB Operating LLC | 9.826% | 05/10/2029 | 0.7% |
Titan Acquisition Ltd/Canada | 10.326% | 02/01/2029 | 0.7% |
Nexus Buyer LLC | 11.679% | 11/05/2029 | 0.7% |
Triton Water Holdings Inc | 9.302% | 03/31/2028 | 0.7% |
PetSmart LLC | 9.179% | 02/11/2028 | 0.7% |
Tenneco Inc | 10.402% | 11/17/2028 | 0.7% |
Ensono Inc | 9.444% | 05/26/2028 | 0.7% |
SUMMER BC HOLDCO B SARL | 10.569% | 02/05/2029 | 0.7% |
Kobe US Midco 2 Inc | 9.250% | 11/01/2026 | 0.7% |
Vision Solutions Inc | 12.841% | 04/23/2029 | 0.7% |
Mitchell International Inc | 11.944% | 10/15/2029 | 0.7% |
DCG Acquisition Corp | 9.929% | 09/30/2026 | 0.7% |
Rand Parent LLC | 8.500% | 02/15/2030 | 0.7% |
Xerox Corp | 9.329% | 11/17/2029 | 0.7% |
Nova Alexandre III SAS | 9.114% | 07/15/2029 | 0.7% |
EPIC Crude Services LP | 10.609% | 03/02/2026 | 0.7% |
BOLUDA TOWAGE S.L. | 7.514% | 01/31/2030 | 0.7% |
Red Planet Borrower LLC | 8.929% | 10/02/2028 | 0.7% |
Kestra Advisor Services Holdings A Inc | 9.329% | 03/22/2031 | 0.7% |
Boxer Parent Co Inc | 9.579% | 12/29/2028 | 0.7% |
Curia Global Inc | 9.179% | 08/30/2026 | 0.6% |
Spring Education Group Inc | 9.809% | 10/04/2030 | 0.6% |
Newfold Digital Holdings Group Inc | 8.935% | 02/10/2028 | 0.6% |
Fertitta Entertainment LLC/NV | 9.071% | 01/27/2029 | 0.6% |
Delta Topco Inc | 10.563% | 11/30/2029 | 0.6% |
DTI Holdco Inc | 10.079% | 04/26/2029 | 0.6% |
CERAMTEC ACQUICO GMBH | 7.294% | 03/16/2029 | 0.6% |
EDELMAN FINANCIAL CENTER LLC | 0.000% | 10/20/2028 | 0.6% |
FOGO DE CHAO INC | 10.079% | 09/30/2030 | 0.6% |
DRW Holdings LLC | 9.192% | 03/01/2028 | 0.6% |
National Mentor Holdings Inc | 9.159% | 03/02/2028 | 0.6% |
Dermatology Intermediate Holdings III Inc | 10.830% | 03/30/2029 | 0.6% |
LSF12 BADGER BIDCO LLC | 11.329% | 08/30/2030 | 0.6% |
Scientific Games Holdings LP | 8.556% | 04/04/2029 | 0.6% |
Staples Inc | 0.000% | 08/23/2029 | 0.6% |
BELLIS ACQUISITION COMPANY PLC | 0.000% | 05/14/2031 | 0.6% |
Neuberger Berman Loan Advisers Clo 56 Ltd | 11.093% | 07/24/2037 | 0.6% |
Empower CLO 2024-2 Ltd | 11.393% | 07/15/2037 | 0.6% |
Generate Clo 16 Ltd | 11.493% | 07/20/2037 | 0.6% |
CD+R HYDRA BUYER INC | 9.420% | 03/25/2031 | 0.6% |
CHRYSAOR BIDCO SARL | 0.000% | 05/14/2031 | 0.6% |
Spin Holdco Inc | 9.585% | 03/04/2028 | 0.6% |
HRNI Holdings LLC | 9.702% | 12/11/2028 | 0.6% |
Service Logic Acquisition Inc | 9.444% | 10/29/2027 | 0.6% |
LifePoint Health Inc | 9.329% | 05/09/2031 | 0.6% |
JFL-Tiger Acquisition Co Inc | 9.829% | 10/17/2030 | 0.6% |
CAL Receivables 2022-1 LLC | 9.674% | 10/15/2026 | 0.6% |
Ahead DB Holdings LLC | 9.559% | 02/01/2031 | 0.6% |
LifePoint Health Inc | 10.000% | 06/01/2032 | 0.6% |
FORTRESS INTERMEDIATE 3 INC | 0.000% | 05/09/2031 | 0.6% |
Pretium PKG Holdings Inc | 1.403% | 10/02/2028 | 0.5% |
SWF Holdings I Corp | 9.444% | 10/06/2028 | 0.5% |
HAMILTON PROJECTS ACQUIROR LLC | 0.000% | 05/22/2031 | 0.5% |
Osaic Holdings Inc | 9.329% | 08/17/2028 | 0.5% |
BCP V MODULAR SERV HOLD IV LTD | 8.327% | 12/15/2028 | 0.5% |
Legence Holdings LLC | 8.929% | 12/16/2027 | 0.5% |
Peloton Interactive Inc | 0.000% | 05/23/2029 | 0.5% |
Garda World Security Corp | 9.583% | 02/01/2029 | 0.5% |
LBM Acquisition LLC | 9.179% | 12/17/2027 | 0.5% |
SPX FLOW Inc | 9.929% | 04/05/2029 | 0.5% |
Touchdown Acquirer Inc | 9.326% | 02/21/2031 | 0.5% |
Icebox Holdco III Inc | 12.321% | 12/21/2029 | 0.5% |
ONE HOTELS GMBH | 8.408% | 04/02/2031 | 0.5% |
PG Investment Co 59 Sarl | 8.813% | 03/26/2031 | 0.5% |
Ontario Gaming GTA LP | 9.559% | 08/01/2030 | 0.5% |
CORNERSTONE BUILDING BRNDS INC | 9.817% | 05/02/2031 | 0.5% |
Titan US Finco LLC | 9.571% | 10/18/2028 | 0.5% |
Berlin Packaging LLC | 0.000% | 05/09/2031 | 0.5% |
Constant Contact Inc | 9.561% | 02/10/2028 | 0.5% |
Cotiviti Inc | 7.625% | 05/01/2031 | 0.5% |
IFCO MANAGEMENT GMBH | 7.879% | 11/29/2029 | 0.5% |
ECL Entertainment LLC | 9.329% | 08/31/2030 | 0.5% |
Sedgwick Claims Management Services Inc | 9.079% | 02/24/2028 | 0.5% |
Cloudera Inc | 9.166% | 10/08/2028 | 0.5% |
BARENTZ INTERNATIONAL B V | 9.572% | 03/03/2031 | 0.5% |
OneDigital Borrower LLC | 9.679% | 11/16/2027 | 0.5% |
UPFIELD B V | 10.180% | 01/02/2028 | 0.5% |
MH Sub I LLC | 9.579% | 05/03/2028 | 0.5% |
WASH Multifamily Acquisition Inc | 5.750% | 04/15/2026 | 0.5% |
Realtruck Group Inc | 10.444% | 01/31/2028 | 0.5% |
Curaleaf Holdings Inc | 8.000% | 12/15/2026 | 0.5% |
Park-Ohio Industries Inc | 6.625% | 04/15/2027 | 0.5% |
Engineered Machinery Holdings Inc | 11.571% | 05/21/2029 | 0.4% |
CLAY HOLDCO B V | 8.615% | 12/31/2029 | 0.4% |
MOTION FINCO SARL | 7.652% | 11/12/2029 | 0.4% |
Covetrus Inc | 10.309% | 10/13/2029 | 0.4% |
Olympus Water US Holding Corp | 9.321% | 11/09/2028 | 0.4% |
Jones Deslauriers Insurance Management Inc | 8.830% | 03/15/2030 | 0.4% |
Michaels Cos Inc/The | 9.821% | 04/15/2028 | 0.4% |
Flynn Restaurant Group LP | 9.694% | 12/01/2028 | 0.4% |
Bleriot US Bidco Inc | 8.572% | 10/31/2030 | 0.4% |
Autokiniton US Holdings Inc | 9.444% | 04/06/2028 | 0.4% |
Altice France SA | 6.906% | 02/02/2026 | 0.4% |
BCPE Empire Holdings Inc | 9.329% | 12/11/2028 | 0.4% |
LSF11 A5 HoldCo LLC | 9.679% | 10/15/2028 | 0.4% |
Pro Mach Group Inc | 8.829% | 08/31/2028 | 0.4% |
Carriage Purchaser Inc | 9.694% | 10/02/2028 | 0.4% |
Apttus Corp | 9.444% | 05/08/2028 | 0.4% |
Tank Holding Corp | 11.179% | 03/31/2028 | 0.4% |
Tosca Services LLC | 9.091% | 08/18/2027 | 0.4% |
MOSEL BIDCO SE | 10.059% | 09/16/2030 | 0.4% |
Cengage Learning Inc | 9.538% | 03/22/2031 | 0.4% |
Heartland Dental LLC | 0.000% | 04/28/2028 | 0.4% |
Aragorn Parent Corp | 9.570% | 12/15/2028 | 0.4% |
ALLWYN INTERNATIONAL AS | 0.000% | 05/30/2031 | 0.4% |
VistaJet Malta Finance PLC / Vista Management Holding Inc | 9.500% | 06/01/2028 | 0.4% |
QSRP FINCO BV | 0.000% | 05/30/2031 | 0.4% |
Evergreen Acqco 1 LP | 9.052% | 04/26/2028 | 0.4% |
Lumen Technologies Inc | 4.000% | 02/15/2027 | 0.4% |
CMG Media Corp | 8.909% | 12/17/2026 | 0.3% |
Sunnova Energy Corp | 5.875% | 09/01/2026 | 0.3% |
GPS Hospitality Holding Co LLC / GPS Finco Inc | 7.000% | 08/15/2028 | 0.3% |
Ingenovis Health Inc | 9.694% | 03/06/2028 | 0.3% |
Directv Financing LLC | 10.444% | 08/02/2027 | 0.3% |
Nexus Buyer LLC | 9.829% | 12/13/2028 | 0.3% |
Cubic Corp | 9.859% | 05/25/2028 | 0.3% |
Physician Partners LLC | 9.564% | 12/26/2028 | 0.3% |
CEVA SANTE ANIMALE | 9.573% | 11/01/2030 | 0.2% |
Cloud Software Group Inc | 9.929% | 03/21/2031 | 0.2% |
AI Aqua Merger Sub Inc | 4.250% | 07/31/2028 | 0.2% |
CEVA SANTE ANIMALE | 0.000% | 11/08/2030 | 0.2% |
MH Sub I LLC | 11.579% | 02/23/2029 | 0.2% |
ION Corporate Solutions Finance Sarl | 0.000% | 03/11/2028 | 0.2% |
HURTIGRUTEN ASA | 10.411% | 09/30/2027 | 0.2% |
Tank Holding Corp | 11.429% | 03/31/2028 | 0.1% |
Constant Contact Inc | 0.000% | 02/10/2028 | 0.1% |
HURTIGRUTEN ASA | 11.427% | 06/30/2027 | 0.1% |
Cubic Corp | 9.586% | 05/25/2028 | 0.1% |
MOTION FINCO SARL | 9.071% | 11/12/2029 | 0.0% |
Tank Holding Corp | 0.010% | 03/31/2028 | 0.0% |
Physician Partners LLC | 10.814% | 12/23/2028 | 0.0% |
National Mentor Holdings Inc | 9.159% | 03/02/2028 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
Capstone Borrower Inc | 8.574% | 06/17/2030 | 0.0% |
Interest Rate Swap | 4.007% | 06/01/2028 | 0.0% |
Interest Rate Swap | 4.552% | 02/15/2026 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
Touchdown Acquirer Inc | 0.020% | 02/21/2031 | 0.0% |
Total Return Swap | 5.344% | 09/20/2024 | 0.0% |
Interest Rate Swap | 5.306% | 09/15/2024 | 0.0% |
Total Return Swap | 0.000% | 09/20/2024 | 0.0% |
Interest Rate Swap | 4.523% | 02/15/2026 | 0.0% |
Epicor Software Corp | 0.000% | 05/23/2031 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
DONCASTERS FINANCE US LLC | 0.000% | 04/23/2030 | 0.0% |
Holding | Coupon | Maturity | Assets |
---|
Magnetite XXII Ltd | 11.940% | 04/15/2031 | 1.6% |
Heartland Dental LLC | 9.844% | 04/28/2028 | 1.2% |
MARKET BIDCO LIMITED | 8.578% | 11/04/2027 | 1.1% |
888 ACQUISITIONS LIMITED | 10.575% | 07/01/2028 | 1.1% |
Renaissance Holdings Corp | 9.597% | 04/05/2030 | 1.1% |
ADMI Corp | 11.094% | 12/23/2027 | 1.0% |
Rocket Software Inc | 10.094% | 11/28/2028 | 1.0% |
WaterBridge Midstream Operating LLC | 0.000% | 06/21/2029 | 1.0% |
Dryden 115 CLO Ltd | 12.427% | 04/18/2037 | 1.0% |
Arcline FM Holdings LLC | 10.346% | 06/23/2028 | 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 07/26/2024
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 10.42% | 7.31% |
30-Day Standardized Yield 2 as of 06/30/2024
Subsidized3 | Un-Subsidized4 | |
---|---|---|
w/o sales charge | 11.38% | 8.84% |
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 | 6.11% | 14.10% | - | - | - | 12.68% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 4.44% | 11.04% | - | - | - | 11.05% |
w/ sales charge | 6.11% | 14.10% | - | - | - | 12.68% |
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 | 6.11% | 14.10% | - | - | - | 12.68% |
Lipper Category Avg. | - | - | - | - | - | - |
CS Leveraged Loan Index | 4.44% | 11.04% | - | - | - | 11.05% |
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 07/26/2024
- $0.57096
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
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 | 07/31/2024 |
Daily | Daily | 08/31/2024 |
Daily | Daily | 09/30/2024 |
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
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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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.