Lord Abbett Income Fund Class I (LAUYX)
| Fund Assets | 6.45B |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000,000 |
| Turnover | 243.00% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 5.72% |
| Dividend Growth | -1.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 2.420 |
| YTD Return | -0.69% |
| 1-Year Return | 4.83% |
| 5-Year Return | 4.43% |
| 52-Week Low | 2.350 |
| 52-Week High | 2.500 |
| Beta (5Y) | n/a |
| Holdings | 527 |
| Inception Date | Oct 19, 2004 |
About LAUYX
Lord Abbett Income Fund Class I is an institutional share class of an actively managed mutual fund that targets a high level of current income, with a secondary emphasis on preserving capital. This fund primarily invests in a diversified portfolio of fixed income securities, focusing on investment grade corporate debt while also allocating a portion to high yield bonds, asset-backed securities, bank loans, and government-related securities. Launched in October 2004, it is structured to serve large investors, as reflected by its $1 million minimum initial investment requirement. The fund typically allocates at least 65% of its assets to investment grade bonds and employs an experienced management team that leverages fundamental credit research to guide portfolio decisions. With assets exceeding $2 billion, the fund features a moderate interest rate sensitivity and credit quality, making it suitable for investors seeking stable monthly income distributions. Its role within the fixed income segment positions it as a core bond holding, providing exposure to corporate credit markets and broader fixed income opportunities within a risk-managed framework.
Performance
LAUYX had a total return of 4.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.01107 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01152 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01134 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01143 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01129 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01173 | Oct 31, 2025 |