LAURX

About LAURX

Lord Abbett Income Fund Class R3 is a diversified mutual fund specializing in fixed income securities, with a primary focus on generating a high level of current income while emphasizing the preservation of capital. The fund is managed by a seasoned team that employs an actively managed, research-intensive approach to bond selection. Its portfolio is concentrated on investment-grade corporate bonds, yet also tactically incorporates high yield corporate debt, asset-backed securities, and government-related bonds, providing a multisector fixed income exposure. The fund typically maintains a moderate credit risk profile and exhibits intermediate interest rate sensitivity, with an effective duration around 6.5 years. With over 500 holdings and total assets exceeding $4.7 billion, Lord Abbett Income Fund Class R3 plays a significant role as a core bond allocation for retirement plans and institutional investors seeking stability and income. Regular monthly dividends and professional management make it a key option for those looking to balance yield potential with risk controls in their fixed income allocations.