Lord Abbett Income Fund Class R3 (LAURX)
| Fund Assets | 6.45B |
| Expense Ratio | 1.01% |
| Min. Investment | $0.00 |
| Turnover | 243.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 5.21% |
| Dividend Growth | -1.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 2.430 |
| YTD Return | -1.18% |
| 1-Year Return | 4.38% |
| 5-Year Return | 2.32% |
| 52-Week Low | 2.360 |
| 52-Week High | 2.510 |
| Beta (5Y) | n/a |
| Holdings | 527 |
| Inception Date | Jul 2, 2008 |
About LAURX
Lord Abbett Income Fund Class R3 is a diversified mutual fund specializing in fixed income securities, with a primary focus on generating a high level of current income while emphasizing the preservation of capital. The fund is managed by a seasoned team that employs an actively managed, research-intensive approach to bond selection. Its portfolio is concentrated on investment-grade corporate bonds, yet also tactically incorporates high yield corporate debt, asset-backed securities, and government-related bonds, providing a multisector fixed income exposure. The fund typically maintains a moderate credit risk profile and exhibits intermediate interest rate sensitivity, with an effective duration around 6.5 years. With over 500 holdings and total assets exceeding $4.7 billion, Lord Abbett Income Fund Class R3 plays a significant role as a core bond allocation for retirement plans and institutional investors seeking stability and income. Regular monthly dividends and professional management make it a key option for those looking to balance yield potential with risk controls in their fixed income allocations.
Performance
LAURX had a total return of 4.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.
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 | $0.01006 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0106 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01032 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01041 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0103 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0107 | Oct 31, 2025 |