Lord Abbett Core Fixed Income Fund Class R5 (LCRTX)
| Fund Assets | 4.57B |
| Expense Ratio | 0.36% |
| Min. Investment | $1,500 |
| Turnover | 449.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.68% |
| Dividend Growth | -0.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.23 |
| YTD Return | 2.54% |
| 1-Year Return | 2.59% |
| 5-Year Return | -6.33% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.59 |
| Beta (5Y) | n/a |
| Holdings | 482 |
| Inception Date | Jun 30, 2015 |
About LCRTX
The Lord Abbett Core Fixed Income Fund Class R5 is an actively managed mutual fund designed to provide current income with the potential for capital appreciation. As a core bond fund, it primarily invests in a diversified portfolio of fixed income securities, with an emphasis on investment-grade bonds, including U.S. Treasury, agency, corporate, and mortgage-backed securities. The fund typically maintains a broad credit quality distribution, using proprietary research to optimize risk and reward profiles across varied sectors of the fixed income market. With over 478 individual holdings and a total net asset base of approximately $4.5 billion as of May 2025, it targets exposure to a wide range of maturities and issuers, thereby seeking to reduce concentration risk and reinforce portfolio stability. The fund pays monthly dividends, reflecting its focus on current income generation. Benchmarked against the Bloomberg U.S. Aggregate Bond Index, it serves as a foundational holding for investors seeking core exposure to the U.S. fixed income market, and is notable for its competitive expense ratio, positioning it among cost-effective options in its category.
Performance
LCRTX had a total return of 2.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.19%.
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% |
Top 10 Holdings
25.62% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Notes | T.4.125 02.28.27 | 4.06% |
| United States Treasury - U.S. Treasury Bonds | T.4.5 11.15.54 | 3.55% |
| United States Treasury - U.S. Treasury Notes | T.4 03.31.30 | 3.48% |
| United States Treasury - U.S. Treasury Bonds | T.4.625 11.15.44 | 3.46% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.5.5 7.11 | 2.26% |
| United States Treasury - U.S. Treasury Notes | T.3.125 08.31.29 | 2.10% |
| United States Treasury - U.S. Treasury Bonds | T.4.125 08.15.44 | 1.89% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | n/a | 1.78% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.5 7.11 | 1.74% |
| United States Treasury - U.S. Treasury Notes | T.3.75 04.30.27 | 1.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03587 | Jun 30, 2025 |
| May 30, 2025 | $0.03636 | May 30, 2025 |
| Apr 30, 2025 | $0.0363 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03743 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03559 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03598 | Jan 31, 2025 |