LIXRX

About LIXRX

Lord Abbett Multi-Asset Income Fund Class R3 is a multi-asset mutual fund designed to provide investors with both current income and the potential for capital appreciation. The fund primarily invests across a diversified range of asset classes, including domestic and international equities, various types of fixed income securities such as investment-grade and high yield corporate bonds, bank loans, asset-backed securities, mortgage-backed securities, and cash instruments. Its strategy places a particular emphasis on moderation, aiming to offer a balanced risk profile suitable for investors seeking steady income with lower volatility relative to pure equity funds. The fund maintains a moderately conservative asset allocation—typically ensuring significant exposure to U.S. securities and managing its equity component to preserve capital while delivering predictable returns. With a history dating back to 2007 and managed by an experienced investment team, the Lord Abbett Multi-Asset Income Fund Class R3 holds a notable position in the market for portfolio diversification and income generation, distributing dividends on a monthly basis and attracting assets from investors with varied income needs and risk appetites.