About LTRTX
Lord Abbett Total Return Fund Class R5 is an open-end mutual fund in the intermediate core-plus bond category, actively managed to seek both income and capital appreciation. The fund primarily invests across a wide range of U.S. and global fixed-income securities, including asset-backed securities, government bonds, corporate debt, and mortgage-backed securities. Its objective is to achieve a high total return by balancing income generation with capital growth opportunities. As of mid-2025, the fund holds over 500 diversified bond positions and manages billions in net assets, reflecting its significant presence in the fixed-income market. Notable features include a competitive expense ratio, monthly distributions, and a focus on credit quality diversification, spanning treasury, agency, investment-grade, and select high-yield bonds. The fund’s active management approach aims to adapt to evolving market conditions and interest rate environments, making it a staple in diversified fixed-income portfolios for institutional and retirement plan investors. Established in 2015, the fund is managed by Lord, Abbett & Co. LLC, a firm with a long history in asset management.
Fund Family Lord Abbett
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LTRTX
Share Class Class R5
Index Bloomberg U.S. Aggregate Bond TR
LTRTX had a total return of 5.58% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.77%.
