About LTRQX
Lord Abbett Total Return Fund Class R2 is an actively managed mutual fund in the intermediate-term core-plus bond category. Its primary objective is to seek both income and capital appreciation, aiming for a high total return. The fund primarily invests in a diversified portfolio of U.S. government securities, mortgage-backed securities, and investment-grade debt, with selective exposure to other fixed-income sectors to enhance returns. This structure makes it relevant to a broad range of market conditions, as it balances risk across different fixed-income assets.
Launched in 2007 and overseen by Lord Abbett, the fund typically holds a diversified mix, with no single position dominating the portfolio—its top ten holdings recently comprised less than 20% of total assets. The fund appeals to investors seeking consistent income distribution and potential for moderate capital growth, delivering periodic dividends on a quarterly basis. Its role in the financial market is to offer core fixed-income exposure, suitable for those incorporating bond diversification in broader asset allocation strategies, retirement accounts, or risk-managed portfolios. The fund’s performance and asset mix are guided by Lord Abbett’s experienced management team, adhering to a disciplined approach to sector and security selection.
Fund Family Lord Abbett
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LTRQX
Share Class Class R2
Index Bloomberg U.S. Aggregate Bond TR
LTRQX had a total return of -0.87% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.19%.
