Lord Abbett Income Fund Class A (LAGVX)
| Fund Assets | 6.45B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,500 |
| Turnover | 243.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 5.38% |
| Dividend Growth | -1.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 2.420 |
| YTD Return | -1.14% |
| 1-Year Return | 4.67% |
| 5-Year Return | 3.24% |
| 52-Week Low | 2.350 |
| 52-Week High | 2.500 |
| Beta (5Y) | 0.35 |
| Holdings | 527 |
| Inception Date | Sep 19, 1932 |
About LAGVX
Lord Abbett Income Fund Class A is a mutual fund specializing in fixed income investments. Its primary objective is to deliver a high level of current income while maintaining a focus on preserving capital. The fund achieves this by allocating the majority of its assets—at least 65%—to investment-grade debt securities, including a broad mix of corporate bonds, government securities, mortgage-backed securities, bank loans, and asset-backed securities. While its core remains investment-grade, the fund also maintains a noteworthy allocation to below-investment-grade (high-yield) bonds, which has typically averaged around 18% over the past decade, enhancing its income potential. Managed by an experienced credit research team, the fund actively selects from several fixed income sectors to optimize risk-adjusted returns and diversify portfolio exposure. With a moderate interest rate sensitivity (average effective duration around 6.5 years) and a large, diverse portfolio comprising over 500 individual holdings, the Lord Abbett Income Fund Class A plays a significant role for investors seeking a balance between steady income and managed credit risk in the corporate bond space. The fund’s monthly distributions and efficient expense structure further support its appeal as a core fixed income holding for broad portfolio diversification.
Performance
LAGVX had a total return of 4.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKOX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class Z | 0.36% |
| FCCCX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class C | 1.54% |
| FCBAX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class A | 0.77% |
| FCBTX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class M | 0.82% |
| FCBIX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class I | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.01065 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01113 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01091 | Jan 30, 2026 |
| Dec 31, 2025 | $0.011 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01087 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0113 | Oct 31, 2025 |