The Lord Abbett Multi-Asset Income Fund Class R5 is a diversified mutual fund designed to generate current income while also seeking opportunities for capital appreciation. It operates as a fund-of-funds, primarily investing in a broad selection of underlying Lord Abbett funds that span multiple asset classes, including core fixed income, high yield, dividend growth, equities, and international securities. Notable allocations include significant holdings in core fixed income and high yield instruments, as well as equity funds focused on dividend growth and fundamental value. The fund employs an active management approach, allowing its portfolio composition to adapt over time in response to market conditions. Targeting investors seeking income with moderate exposure to equities and credit markets, the fund’s strategy emphasizes risk management by balancing diversified sources of return. With assets under management approaching $784 million and monthly dividend distributions, the fund plays an important role for investors seeking a blended approach to income generation that leverages both bond and equity markets across global sectors.
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