Lord Abbett Credit Opportunities Fund
Lord Abbett Credit Opportunities Fund
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
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.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Other | 47.3% |
| Securitized | 23.8% |
| International | 9.2% |
| Government | 7.9% |
| 6 smaller | 11.8% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: UNIVISION COMMUNICATIONS, ALLOY FINCO LIMITED, BORR IHC LTD / BORR FIN, TRANSDIGM INC, CORE SCIENTIFIC FINANCE, ACPRODUCTS HOLDINGS INC, LEVEL 3 FINANCING INC, MULTI-COLOR CORP
Largest exited: Barclays Bank PLC, LEVEL 3 FINANCING INC, HCA Inc, Alloy Finco Limited, ACPRODUCTS HOLDINGS INC, Phillips 66, Quanta Services Inc, Ovintiv Inc
Return profile
Total return as filed — price change plus distributions reinvested
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | United States Treasury3.38% · due 2028-02-29 | 4.86% | — | $141.43M | — |
| — | LORD ABBETT PCF2 | 4.21% | $24.64 | $122.35M | 5.0M |
| — | United States Treasury3.88% · due 2031-03-31 | 2.98% | — | $86.78M | — |
| — | Fixed Income Clearing Corp. | 2.64% | — | $76.80M | — |
| — | PARK RIVER HOLDINGS INC8.75% · due 2030-12-31 | 2.41% | — | $70.20M | — |
| — | VENTURE GLOBAL LNG INC9.00% · due 2029-09-30 | 2.17% | — | $63.24M | — |
| — | VISTAJET MALTA/VM HOLDS6.38% · due 2030-02-01 | 2.05% | — | $59.73M | — |
| — | LBM ACQUISITION LLC6.25% · due 2029-01-15 | 1.95% | — | $56.62M | — |
| — | AMERICAN AXLE & MFG INC7.75% · due 2033-10-15 | 1.91% | — | $55.54M | — |
| — | UNIVISION COMMUNICATIONS8.88% · 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.
Top 10 positions are 26.99% of net assets, top 25 49.31%, across 170 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free