Lord Abbett Income A (LAGVX)
| Fund Assets | 5.62B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,500 |
| Turnover | 190.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 5.30% |
| Dividend Growth | 2.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 2.460 |
| YTD Return | 3.43% |
| 1-Year Return | 1.52% |
| 5-Year Return | 0.65% |
| 52-Week Low | 2.350 |
| 52-Week High | 2.530 |
| Beta (5Y) | 0.33 |
| Holdings | 545 |
| 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 1.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.22%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
6.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Charter Communications Operating Llc | n/a | 0.95% |
| B.A.T. Capital Corporation 7.75% | BATSLN.7.75 10.19.32 | 0.79% |
| United States Treasury Bonds 5% | T.5 05.15.45 | 0.75% |
| Broadcom Inc | n/a | 0.70% |
| Flutter Financing Bv | n/a | 0.62% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 0.61% |
| Viper Energy Inc. 7.38% | VNOM.7.375 11.01.31 144A | 0.60% |
| JPMorgan Chase & Co. 4.91% | JPM.V4.912 07.25.33 | 0.57% |
| Imperial Brands Finance Plc 5.88% | IMBLN.5.875 07.01.34 144A | 0.56% |
| Bank of America Corp. 5.51% | BAC.V5.511 01.24.36 | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.01111 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01116 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01104 | Jun 30, 2025 |
| May 30, 2025 | $0.01118 | May 30, 2025 |
| Apr 30, 2025 | $0.01137 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01135 | Mar 31, 2025 |