LCRYX

About LCRYX

Lord Abbett Core Fixed Income Fund Class I is an institutional share class of an actively managed mutual fund focused on intermediate-term bonds. Its principal aim is to deliver both current income and capital appreciation, targeting a high total return through diversified investment in high-quality fixed-income securities. At least 80% of its assets are allocated to bonds, primarily those issued or guaranteed by the U.S. government, with notable positions in U.S. Treasury notes and bonds. The fund features moderate credit quality and interest rate sensitivity, classifying it within the intermediate core bond category. It is built for institutional investors, reflected by a significant minimum initial investment and a competitive net expense ratio, which is notably lower than many peers. With over 490 individual holdings and monthly dividend distributions, the fund supports portfolio diversification for institutions seeking stability and consistent income. Established in 1998, Lord Abbett Core Fixed Income Fund Class I plays a central role for investors requiring reliable exposure to the U.S. fixed-income market and a disciplined risk profile.