Lord Abbett Core Fixed Income Fund Class A (LCRAX)
| Fund Assets | 4.96B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,500 |
| Turnover | 453.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.39% |
| Dividend Growth | 0.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.25 |
| YTD Return | -0.46% |
| 1-Year Return | 3.80% |
| 5-Year Return | -0.95% |
| 52-Week Low | 9.08 |
| 52-Week High | 9.46 |
| Beta (5Y) | n/a |
| Holdings | 509 |
| Inception Date | Aug 31, 2000 |
About LCRAX
Lord Abbett Core Fixed Income Fund Class A is a mutual fund that seeks to deliver a combination of income and capital appreciation with the goal of achieving a high total return. The fund’s portfolio strategy centers on investing at least 80% of its net assets in a diverse array of U.S. fixed income securities, which include government bonds, mortgage-backed securities, and investment-grade corporate debt. This diversified approach aims to provide stable income and help reduce overall portfolio risk. The fund actively manages interest rate and credit risk by adjusting its holdings’ duration and sector composition, keeping the average portfolio duration within two years of the broader bond market as measured by the Bloomberg U.S. Aggregate Bond Index. Notably, the fund’s credit quality allocation emphasizes investment-grade securities, though modest allocations to lower-rated bonds may exist for yield enhancement. With monthly dividend distributions, the fund serves investors seeking consistent income streams, and it plays a key role in core bond allocations within diversified portfolios. Its long performance track record, systematic risk management, and broad exposure to major sectors of the fixed income market make it a foundational option for those looking to balance return potential and risk through bond investments.
Performance
LCRAX had a total return of 3.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03467 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03375 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03424 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03414 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0339 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03443 | Oct 31, 2025 |