LAPWX

About LAPWX

Lord Abbett Core Plus Bond Fund Class R6 is a mutual fund that primarily invests in a diversified portfolio of fixed income securities. Its central objective is to seek income and capital appreciation, aiming to deliver a high total return through active management. The fund predominantly allocates assets to investment-grade bonds, such as U.S. government, corporate, and mortgage-backed securities, but it can invest up to 35% in high-yield debt, offering exposure to higher risk and return segments within the bond market. Additionally, the fund may include select non-U.S. debt holdings. This broad approach allows it to adapt to varying interest rate environments and market cycles. The Lord Abbett Core Plus Bond Fund Class R6 emphasizes monthly dividend distributions and targets institutional investors by offering the R6 share class with a competitive expense ratio. With hundreds of holdings and a sizable asset base, the fund is positioned as a key player in the intermediate core-plus bond category, providing income solutions and diversification for investors seeking stability with a measured degree of credit risk in the broader fixed income market.