CIT: Lord Abbett Core Fixed Income Trust II Class R (WLACRX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 11.83 |
| YTD Return | 0.28% |
| 1-Year Return | 4.32% |
| 5-Year Return | 0.74% |
| 52-Week Low | 11.32 |
| 52-Week High | 12.04 |
| Beta (5Y) | 0.24 |
| Holdings | n/a |
| Inception Date | n/a |
About WLACRX
Lord Abbett Core Fixed Income Trust II Class R is an open-end mutual fund that focuses on delivering both income and capital appreciation through a diversified portfolio of fixed income securities. Its primary function is to provide investors with current income and the opportunity for stable, long-term total returns by investing mainly in U.S. investment grade bonds, including U.S. government-related securities, mortgage-backed securities, asset-backed securities, collateralized loan obligations, corporate bonds, bank loans, and sovereign debt. The fund’s active management approach allows its portfolio to adjust across a variety of fixed income sectors and maturities, adapting to changing market conditions and interest rate environments. Lord Abbett Core Fixed Income Trust II Class R plays a critical role in diversified investment portfolios as a core fixed income holding, serving the needs of investors seeking broad bond market exposure, regular income distributions, and a degree of risk moderation compared to equities. Its comprehensive sector allocations help support income generation while aiming to preserve capital amid varying economic cycles.
Performance
WLACRX had a total return of 4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.27%.