About LOGVX
Lord Abbett Income Fund Class F3 is an actively managed mutual fund specializing in taxable corporate bonds, aiming to provide a high level of current income. The fund invests primarily in a diversified portfolio of investment grade and high-yield corporate debt, while also allocating to other fixed income sectors such as asset-backed securities, bank loans, collateralized loan obligations, mortgage-backed securities, and select government or sovereign bonds. As of May 2025, the fund holds over 500 securities, with a portfolio that includes both domestic and foreign bond exposure, and minimal investment in cash or convertible bonds. The management team brings notable experience in credit research and risk management, supporting an approach that balances income generation with capital preservation. With over $5.6 billion in assets, the fund stands out within its peer group for its relatively high distribution yield—5.80% as of June 2025—and monthly income distributions. The expense ratio is competitively low for an actively managed corporate bond fund, and the fund is considered diversified according to SEC standards, though it does not have a dedicated ESG focus. Lord Abbett Income Fund Class F3 serves investors seeking steady income within the broader fixed income market, offering exposure to corporate credit across multiple sectors and regions.
Fund Family Lord Abbett
Category Corporate Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LOGVX
Share Class Class F3
LOGVX had a total return of 5.31% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.63%.
