About LTRHX
Lord Abbett Total Return Fund Class R6 is a mutual fund designed to offer investors a diversified portfolio primarily focused on generating income and capital appreciation through a high total return strategy. The fund primarily invests in a broad range of fixed income securities, including investment grade corporate bonds, mortgage-backed securities (MBS), U.S. government-related issues, asset-backed securities (ABS), high yield corporate debt, commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs), bank loans, sovereign debt, and cash instruments. This multi-sector approach allows the fund to navigate various market environments by adjusting allocations according to prevailing credit and interest rate conditions.
With an actively managed portfolio, the fund seeks to balance risk and return, targeting exposure across different maturities and credit qualities. Its net expense ratio is notably low, enhancing its appeal for institutional investors and retirement plans seeking cost efficiency. Lord Abbett Total Return Fund Class R6 occupies an important role within the core bond category, serving investors aiming for steady income and moderate capital growth while managing overall portfolio volatility relative to broader bond market benchmarks.
Fund Family Lord Abbett
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol LTRHX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
LTRHX had a total return of -1.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.54%.
