About LTROX
Lord Abbett Total Return Fund Class F3 is an actively managed mutual fund in the intermediate core-plus bond category. Its primary objective is to deliver total return by investing predominantly in investment-grade U.S. fixed-income securities such as government, corporate, and securitized debt, while also retaining the flexibility to allocate assets to non-core sectors, including high yield, emerging markets debt, and non-U.S. currencies. The fund holds a diverse portfolio across more than 500 individual securities, encompassing investment-grade corporates, mortgage-backed securities, asset-backed securities, and government-related instruments.
Managed by a team of experienced professionals, the fund seeks to outperform its benchmarks—the Bloomberg U.S. Aggregate Bond Index and the U.S. Universal Index—by actively adjusting exposure across interest rates, credit quality, maturities, and sectors. This approach aims to provide competitive risk-adjusted returns, with a below-average risk profile relative to its peers. Given its moderate duration and broad diversification, the fund is positioned as a core fixed-income holding suitable for investors seeking income and diversification to stock-heavy portfolios. Regular monthly dividend distributions and a competitive expense ratio further reinforce its role as a foundational bond allocation within diversified investment strategies.
Fund Family Lord Abbett
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LTROX
Share Class Class F3
LTROX had a total return of 2.98% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.73%.
