Lord Abbett Core Plus Bond Fund Class F is an actively managed mutual fund specializing in intermediate-term core-plus bond strategies. Its primary purpose is to provide total return through a diversified portfolio of fixed income securities, encompassing U.S. investment grade bonds, high-yield corporate bonds, mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities, collateralized loan obligations, select non-U.S. debt, and cash equivalents. The fund employs a flexible investment approach, allowing for allocation across sectors and credit qualities, including a mix of both investment grade and below-investment-grade (junk) bonds. This broad investment mandate offers exposure to various segments of the global fixed income market, aiming to enhance yield without sacrificing credit discipline. Since its inception in 2015, the fund has established itself within the core-plus bond category, serving investors seeking diversified credit and duration exposure as part of a broader fixed income allocation. The fund’s credit quality distribution typically spans U.S. Treasury, agency, AAA, AA, A, BBB, and below, with active duration management across multiple maturity buckets to reflect market conditions and opportunities.
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