LOPLX

About LOPLX

Lord Abbett Core Plus Bond Fund Class F3 is a mutual fund specializing in actively managed fixed income investments. Its primary function is to provide diversified exposure to a broad range of bonds, targeting a balance of income and potential capital appreciation. The fund invests primarily in investment grade debt securities but may allocate up to 35% of its assets to high-yield (below investment grade) bonds to enhance return potential and broaden diversification. Additionally, it may include non-U.S. debt securities, which can offer global fixed income exposure. Key sectors impacted by the fund include government-related bonds, mortgage-backed securities (MBS), asset-backed securities (ABS), corporate debt, commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), bank loans, and sovereign issues. The fund maintains a flexible maturity and sector allocation, allowing it to adapt to changing market conditions. As part of the core plus bond category, it plays a significant role in the fixed income market by offering investors a multi-sector bond approach that seeks to outperform traditional core bond holdings while managing risk through diversification and active management.