Lord Abbett Core Plus Bond Fund Class I (LAPIX)
| Fund Assets | 4.83B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 448.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 5.27% |
| Dividend Growth | -3.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.77 |
| YTD Return | -0.79% |
| 1-Year Return | 4.67% |
| 5-Year Return | 2.92% |
| 52-Week Low | 12.51 |
| 52-Week High | 13.11 |
| Beta (5Y) | n/a |
| Holdings | 674 |
| Inception Date | Dec 8, 2015 |
About LAPIX
Lord Abbett Core Plus Bond Fund Class I is an open-ended mutual fund specializing in the fixed income asset class. Its primary purpose is to provide investors with both income and capital appreciation, aiming for a high total return. The fund invests widely across the global fixed income markets, with a strong focus on U.S. investment grade and high-yield corporate bonds, as well as mortgage-backed, asset-backed, and various government-related securities. Notably, the fund has the flexibility to allocate assets to non-U.S. and emerging market debt, enabling broad diversification. A relative value-oriented investment strategy is employed, blending top-down macroeconomic insights with bottom-up security selection using both fundamental and quantitative analysis. Lord Abbett Core Plus Bond Fund Class I is structured for institutional investors and features a relatively low expense ratio. Its diversified exposure and active management allow it to play a core role in income-focused portfolios, serving institutions and sophisticated investors seeking exposure to a wide array of fixed income opportunities beyond traditional bond indexes.
Performance
LAPIX had a total return of 4.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.16%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.05416 | Feb 27, 2026 |
| Jan 30, 2026 | $0.05529 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0548 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05467 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05509 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05526 | Sep 30, 2025 |