Lord Abbett Core Plus Bond Fund Class R3 (LAPQX)
| Fund Assets | 4.83B |
| Expense Ratio | 0.95% |
| Min. Investment | $0.00 |
| Turnover | 448.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 4.75% |
| Dividend Growth | -4.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 12.78 |
| YTD Return | -0.79% |
| 1-Year Return | 3.72% |
| 5-Year Return | 0.65% |
| 52-Week Low | 12.52 |
| 52-Week High | 13.12 |
| Beta (5Y) | n/a |
| Holdings | 674 |
| Inception Date | Dec 8, 2015 |
About LAPQX
Lord Abbett Core Plus Bond Fund Class R3 is a mutual fund that primarily invests in a diverse array of fixed income securities across both U.S. and select non-U.S. markets. Its main objective is to provide current income and the potential for capital appreciation by employing a flexible, relative value-oriented investment approach. The fund utilizes both fundamental and quantitative analysis, and balances top-down macroeconomic insights with bottom-up security selection to build its portfolio. Notably, it holds a large number of bond instruments—693 as of June 30, 2025—and does not invest in equities. Suitable for investors seeking broad exposure to the bond market, the fund targets sectors such as government, corporate, and mortgage-backed securities, allowing for diversified risk across credit qualities and maturities. With net assets totaling $3.95 billion and a monthly dividend schedule, it is positioned as a core fixed income allocation within diversified portfolios, providing a blend of income potential and risk management within the fixed income universe.
Performance
LAPQX had a total return of 3.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.77%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.04935 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04919 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0498 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04936 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04937 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04956 | Oct 31, 2025 |