Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.25% -- -- 95.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 8.22% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks income as well as capital appreciation. Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in corporate bonds and other corporate fixed income instruments, including equity investments in vehicles and derivative instruments.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Allocation
Broad Category Allocation
Global Peer Group Mixed Asset USD Conservative
Peer Group Income & Preferred Stock Funds
Global Macro Mixed Asset HC Conservative
US Macro Mixed-Assets Target Allocation Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Income & Preferred Stock Funds
Fund Owner Firm Name Lord Abbett
Broad Asset Class Benchmark Index
^SPXTR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Peer Group Low
-- Peer Group High
1 Year
% Rank: --
-- Peer Group Low
-- Peer Group High
3 Months
% Rank: --
-- Peer Group Low
-- Peer Group High
3 Years
% Rank: --
-- Peer Group Low
-- Peer Group High
6 Months
% Rank: --
-- Peer Group Low
-- Peer Group High
5 Years
% Rank: --
-- Peer Group Low
-- Peer Group High
YTD
% Rank: --
-- Peer Group Low
-- Peer Group High
10 Years
% Rank: --
-- Peer Group Low
-- Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
--
--
--
-4.56%
16.33%
11.54%
7.89%
0.73%
31.49%
18.40%
28.71%
-18.11%
26.29%
25.02%
17.88%
1.23%
--
2.99%
5.82%
-9.94%
-0.20%
0.78%
5.78%
0.71%
22.69%
-3.47%
11.88%
-11.77%
8.38%
7.07%
11.56%
1.36%
18.74%
-2.60%
21.53%
-10.99%
2.02%
9.13%
9.84%
4.45%
16.57%
5.02%
8.37%
-15.64%
13.74%
11.86%
15.50%
1.41%
As of January 15, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-14-26) 8.76%
30-Day SEC Yield (12-31-25) 6.93%
7-Day SEC Yield --
Number of Holdings 89
Bond
Yield to Maturity (9-30-25) 8.52%
Effective Duration --
Average Coupon 7.73%
Calculated Average Quality 6.151
Effective Maturity 4.304
Nominal Maturity 4.575
Number of Bond Holdings 82
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 15.58%
Stock 0.00%
Bond 89.30%
Convertible 0.00%
Preferred 0.00%
Other -4.88%
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Top 10 Holdings

Name % Weight Price % Change
Cash and Cash Equivalents
5.76% -- --
Cornerstone Building Brands Inc 01-AUG-2028 Term Loan B
3.98% -- --
Delta Topco Inc FRN 29-Nov-2030
2.96% -- --
Kodiak Building Partners LLC FRN 04-Dec-2031
2.84% -- --
FMC CORPORATION FMC 10/01/2025 FIX USD Corporate (Matured) 2.58% -- --
AutoNation, Inc. AN 10/01/2025 FIX USD Corporate (Matured) 2.58% -- --
Evergy Missouri West, Inc. EVERMIS 10/07/2025 FIX USD Corporate (Matured) 2.58% -- --
AMC Entertainment Inc 04-JAN-2029 Term Loan
2.49% -- --
X CORP FRN 26-Oct-2029
2.19% -- --
Park-Ohio Industries, Inc. PKOH-Ind 8.5 08/01/2030 FIX USD Corporate 144A 2.18% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.90%
Administration Fee 38.07K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks income as well as capital appreciation. Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in corporate bonds and other corporate fixed income instruments, including equity investments in vehicles and derivative instruments.
General
Security Type Unlisted Closed-End Fund
Equity Style --
Broad Asset Class Allocation
Broad Category Allocation
Global Peer Group Mixed Asset USD Conservative
Peer Group Income & Preferred Stock Funds
Global Macro Mixed Asset HC Conservative
US Macro Mixed-Assets Target Allocation Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Income & Preferred Stock Funds
Fund Owner Firm Name Lord Abbett
Broad Asset Class Benchmark Index
^SPXTR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-14-26) 8.76%
30-Day SEC Yield (12-31-25) 6.93%
7-Day SEC Yield --
Number of Holdings 89
Bond
Yield to Maturity (9-30-25) 8.52%
Effective Duration --
Average Coupon 7.73%
Calculated Average Quality 6.151
Effective Maturity 4.304
Nominal Maturity 4.575
Number of Bond Holdings 82
As of September 30, 2025

Fund Details

Key Dates
Launch Date 9/10/2021
Share Classes
LASAX A
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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