Lord Abbett Core Fixed Income Fund (LCRTX)
| Fund Assets | 4.86B |
| Expense Ratio | 0.36% |
| Min. Investment | $1,000,000 |
| Turnover | 449.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.62% |
| Dividend Growth | -1.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.34 |
| YTD Return | 3.42% |
| 1-Year Return | 1.12% |
| 5-Year Return | -4.96% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.59 |
| Beta (5Y) | n/a |
| Holdings | 496 |
| 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 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.27%.
Top 10 Holdings
20.58% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.5% | T.4.5 11.15.54 | 3.68% |
| United States Treasury Notes 4.13% | T.4.125 02.28.27 | 3.06% |
| United States Treasury Bonds 4.63% | T.4.625 11.15.44 | 2.66% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 2.57% |
| United States Treasury Notes 3.13% | T.3.125 08.31.29 | 2.11% |
| United States Treasury Notes 4% | T.4 03.31.30 | 1.62% |
| United States Treasury Notes 3.75% | T.3.75 04.30.27 | 1.30% |
| United States Treasury Notes 4.38% | T.4.375 12.31.29 | 1.29% |
| United States Treasury Bonds 3.38% | T.3.375 08.15.42 | 1.29% |
| United States Treasury Notes 1.63% | TII.1.625 04.15.30 | 1.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03656 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03714 | Jul 31, 2025 |
| 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 |