Lord Abbett Credit Opportunities Fund (LCRUX)
| Fund Assets | n/a |
| Expense Ratio | 2.84% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 9.72% |
| Dividend Growth | 5.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.21 |
| YTD Return | 1.15% |
| 1-Year Return | 3.68% |
| 5-Year Return | 6.05% |
| 52-Week Low | 8.21 |
| 52-Week High | 8.94 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About LCRUX
Lord Abbett Credit Opportunities Fund Class U is a diversified, closed-end management investment fund structured as an interval fund. Its primary function is to deliver total return and high current income by investing flexibly across a broad spectrum of credit sectors, including corporate, sovereign, municipal, and structured products such as asset-backed securities and collateralized loan obligations. The fund leverages in-depth proprietary research to construct a concentrated, high-conviction portfolio, aiming for strong risk-adjusted returns while maintaining rigorous risk management. It has significant latitude to adjust sector allocations and does not target specific duration limits, allowing the portfolio to adapt dynamically to changing market and economic conditions. The fund invests in both U.S. and foreign issuers, including emerging markets, and is managed to capitalize on opportunities across the entire credit curve. Lord Abbett Credit Opportunities Fund Class U is notable for its disciplined approach and its role in providing access to diverse credit markets, making it an important vehicle for investors seeking professionally-managed, multi-sector credit exposure within a regulated fund structure.
Performance
LCRUX had a total return of 3.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.05836 | Jun 30, 2026 |
| May 29, 2026 | $0.05844 | May 29, 2026 |
| Apr 30, 2026 | $0.0802 | Apr 30, 2026 |
| Mar 31, 2026 | $0.07718 | Mar 31, 2026 |
| Feb 27, 2026 | $0.06142 | Feb 27, 2026 |
| Jan 30, 2026 | $0.07085 | Jan 30, 2026 |