Lord Abbett Income R3 (LAURX)
| Fund Assets | 6.48B |
| Expense Ratio | 1.01% |
| Min. Investment | $0.00 |
| Turnover | 243.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 5.09% |
| Dividend Growth | -3.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 2.430 |
| YTD Return | n/a |
| 1-Year Return | 4.27% |
| 5-Year Return | -0.53% |
| 52-Week Low | 2.400 |
| 52-Week High | 2.510 |
| Beta (5Y) | 0.30 |
| Holdings | 493 |
| 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 4.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.20%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.00986 | Jun 30, 2026 |
| May 29, 2026 | $0.00985 | May 29, 2026 |
| Apr 30, 2026 | $0.00989 | Apr 30, 2026 |
| Mar 31, 2026 | $0.01006 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0106 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01032 | Jan 30, 2026 |