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Lord Abbett Core Fixed Income Fund (LCRAX)

9.09 +0.03 (+0.33%)
At close: 8:06 AM EDT
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DELL
  • Previous Close 9.06
  • YTD Return -2.81%
  • Expense Ratio 0.61%
  • Category Intermediate Core Bond
  • Last Cap Gain -12.00
  • Morningstar Rating
  • Morningstar Risk Rating Average
  • Sustainability Rating --
  • Net Assets 3.76B
  • Beta (5Y Monthly) 0.96
  • Yield 4.63%
  • 5y Average Return --
  • Holdings Turnover 509.00%
  • Last Dividend 0.14
  • Inception Date Sep 28, 2007

The fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities of various types. The manager expects to invest in derivatives consisting principally of futures, forwards, options, and swaps. It may use derivatives to seek to enhance returns, to attempt to hedge some of its investment risk, to manage portfolio duration, as a substitute for holding the underlying asset on which the derivative instrument is based, or for cash management purposes.

Lord Abbett

Fund Family

Intermediate Core Bond

Fund Category

3.76B

Net Assets

2007-09-28

Inception Date

Performance Overview: LCRAX

Trailing returns as of 5/31/2024. Category is Intermediate Core Bond.

YTD Return

LCRAX
2.81%
Category
1.22%
 

1-Year Return

LCRAX
0.89%
Category
0.77%
 

3-Year Return

LCRAX
3.61%
Category
5.26%
 

5-Year Return

LCRAX
0.12%
Category
3.02%
 

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