About LCRFX
The Lord Abbett Core Fixed Income Fund Class F is an actively managed mutual fund that focuses on providing investors with current income as well as the prospect of capital appreciation through a diversified portfolio of fixed income securities. As part of the core bond fund category, it invests across a broad spectrum of high-quality fixed income assets, including mortgage-backed securities (MBS), U.S. government-related securities, asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), bank loans, corporate bonds, sovereign debt, and cash instruments.
The fund aims to balance income generation with risk management by allocating its holdings across varying maturities and sectors, creating a blended portfolio that can adapt to changing market environments. Its strategy is designed to offer consistent, risk-adjusted returns, making it a foundational component for investors seeking broad exposure to the U.S. bond market. Lord Abbett, the fund's manager, leverages a seasoned investment team with extensive experience in core fixed income management. Since its inception in 2007, this fund has maintained a disciplined focus on delivering attractive absolute and risk-adjusted returns relative to peers, reinforcing its role as a high-quality core bond holding within diversified portfolios.
Fund Family Lord Abbett
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol LCRFX
Share Class Class F
Index Bloomberg U.S. Aggregate Bond TR
LCRFX had a total return of -0.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.82%.
