Lord Abbett Multi-Asset Income Fund Class R6 is an open-end mutual fund that employs a multi-asset, fund-of-funds strategy to provide diversified income and moderate capital appreciation. The primary function of this fund is to offer investors exposure across a broad range of asset classes by investing in underlying affiliated Lord Abbett funds. These underlying funds hold a mix of fixed income instruments—including high-yield and investment-grade bonds, mortgage- and asset-backed securities, municipal and U.S. government bonds, convertibles, bank loans, and inflation-protected securities—as well as select U.S. and foreign equities spanning all market capitalizations and styles, including both growth and value stocks. Designed for a moderately conservative allocation, the fund dynamically adjusts its asset mix in response to evolving market environments and income opportunities. It offers monthly dividend distributions and aims to manage risk through diversified holdings and active tactical allocation. With a recent net asset size near $770-780 million and a competitive adjusted expense ratio, the fund occupies a significant position within the mixed-asset target allocation space, serving investors seeking income with diversification across global fixed income and equity markets.
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