Lord Abbett Credit Opportunities Fund
Actively managed U.S. bond closed-end fund
As of its 2026 Q2 report, Lord Abbett Credit Opportunities Fund held 225 positions with $2.91B in net assets. Its ten largest holdings made up 27.0% of the fund. In 2026 Q2 it added 65 new positions and exited 48.
Lord Abbett Credit Opportunities Fund is actively managed U.S. bond closed-end fund.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
United States Treasury 3.38% · due 2028-02-29 | 4.86% | $141.43M | — | — |
LORD ABBETT PCF2 | 4.21% | $122.35M | 5.0M | $24.64 |
United States Treasury 3.88% · due 2031-03-31 | 2.98% | $86.78M | — | — |
Fixed Income Clearing Corp. | 2.64% | $76.80M | — | — |
PARK RIVER HOLDINGS INC 8.75% · due 2030-12-31 | 2.41% | $70.20M | — | — |
VENTURE GLOBAL LNG INC 9.00% · due 2029-09-30 | 2.17% | $63.24M | — | — |
VISTAJET MALTA/VM HOLDS 6.38% · due 2030-02-01 | 2.05% | $59.73M | — | — |
LBM ACQUISITION LLC 6.25% · due 2029-01-15 | 1.95% | $56.62M | — | — |
AMERICAN AXLE & MFG INC 7.75% · due 2033-10-15 | 1.91% | $55.54M | — | — |
UNIVISION COMMUNICATIONS 8.88% · due 2033-04-15 | 1.80% | $52.48M | — | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 225 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 53.17% |
| Securitized | 23.75% |
| Loans | 13.88% |
| Stocks | 6.13% |
| 2 smaller | 2.95% |
Derivatives are shown at market value, not notional exposure.
By sector
- Other
- 47.3%
- Securitized
- 23.8%
- International
- 9.2%
- Government
- 7.9%
- 6 other sectors
- 11.8%
- Other
- 47.3%
- Securitized
- 23.8%
- International
- 9.2%
- Government
- 7.9%
- Communication Services
- 3.9%
- Industrials
- 3.5%
- Energy
- 2.1%
- Financials
- 1.5%
- Consumer Discretionary
- 0.7%
- Information Technology
- 0.1%
How it has done
LARAX share class · total returns with dividends reinvested
Past returns are a record, not a forecast.
Fees & fund details
Lord Abbett Credit Opportunities Fund is an actively managed U.S. bond closed-end fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Closed-end fund
- Credit quality
- High yield
- Rate sensitivity
- Short duration
- Features
- Interval fund
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
65 new· the largest 8
48 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 64.4% |
| Floating rate | 31.9% |
| Zero-coupon or unclassified | 3.7% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.9% |
| 1-3y | 21.6% |
| 3-5y | 33.0% |
| 5-10y | 20.9% |
| 10y+ | 21.7% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 56% |
| Interest rates | 44% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| High yield | +2.71 yr |
| Investment grade | +0.16 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.63 yr | 28% |
| 5 yr | 1.34 yr | 61% |
| 10 yr | 0.23 yr | 10% |
| 30 yr | 0.01 yr | 1% |
| 3 mo | 0.02 yr | 1% |
| 1 yr | 0.72 yr | 25% |
| 5 yr | 1.83 yr | 64% |
| 10 yr | 0.29 yr | 10% |
| 30 yr | 0.01 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | -0.00 | +0.02 | -$938 | $5.8k |
| 1 yr | +0.63 | +0.05 | +0.68 | $13.5k | $196.4k |
| 5 yr | +1.34 | +0.11 | +1.73 | $31.5k | $501.8k |
| 10 yr | +0.23 | +0.01 | +0.28 | $2.8k | $80.6k |
| 30 yr | +0.01 | +0.00 | +0.01 | $0 | $2.3k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
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