LAPUX

About LAPUX

Lord Abbett Core Plus Bond Fund Class R4 is a mutual fund designed to offer income and the opportunity for capital appreciation through a broad exposure to fixed income markets. The fund primarily invests in a diversified portfolio of investment-grade debt securities, while strategically allocating to high-yield corporate bonds, mortgage-backed securities, asset-backed securities, and select non-U.S. debt. By employing an actively managed strategy, the fund seeks to generate a high total return by capitalizing on changing credit and interest rate environments. Its portfolio spans multiple credit qualities and maturities, including U.S. Treasury and agency bonds, as well as exposures to sectors such as corporate credit and structured finance. As part of the intermediate core-plus bond category, this fund plays a role in providing stable income potential and risk diversification for investors, frequently serving as a core holding in balanced fixed income allocations. Since its launch in 2015, the fund has positioned itself as a key vehicle for investors seeking enhanced yield and diversification relative to traditional core bond funds, while retaining a focus on prudent risk management within the context of fluctuating bond markets.