LAUYX

About LAUYX

Lord Abbett Income Fund Class I is an institutional share class of an actively managed mutual fund that targets a high level of current income, with a secondary emphasis on preserving capital. This fund primarily invests in a diversified portfolio of fixed income securities, focusing on investment grade corporate debt while also allocating a portion to high yield bonds, asset-backed securities, bank loans, and government-related securities. Launched in October 2004, it is structured to serve large investors, as reflected by its $1 million minimum initial investment requirement. The fund typically allocates at least 65% of its assets to investment grade bonds and employs an experienced management team that leverages fundamental credit research to guide portfolio decisions. With assets exceeding $2 billion, the fund features a moderate interest rate sensitivity and credit quality, making it suitable for investors seeking stable monthly income distributions. Its role within the fixed income segment positions it as a core bond holding, providing exposure to corporate credit markets and broader fixed income opportunities within a risk-managed framework.