LAPVX

About LAPVX

Lord Abbett Core Plus Bond Fund Class R5 is a mutual fund specializing in fixed income investments. Its primary objective is to deliver income and capital appreciation by investing broadly across the bond market. The fund focuses mainly on investment-grade debt securities but can allocate up to 35% of assets to high-yield bonds, offering a flexible approach within the intermediate core-plus bond category. The portfolio typically includes U.S. Treasuries, agency bonds, mortgage-backed securities, corporate bonds (both investment grade and high yield), asset-backed securities, and select allocations to non-U.S. debt. This diversification allows the fund to adapt to changing market conditions while seeking higher total returns. Lord Abbett Core Plus Bond Fund Class R5 appeals to investors seeking a blend of income and risk-adjusted growth through active management across a wide spectrum of bond sectors and maturities. The fund distributes income monthly and is supported by a team with significant experience in fixed income markets, underscoring its role as a versatile building block for diversified portfolios seeking exposure to the broader bond market.