Lord Abbett Income Fund
LORD ABBETT INVESTMENT TRUST · 10 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Lord Abbett Income Fund is an actively managed U.S. bond fund. 100% of LAUYX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 85% of the fund’s equity).
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Mixed credit
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2026 Q2
The Funds investment objective is to seek a high level of income consistent with preservation of capital.
The fund invests at least 65% of assets in investment-grade fixed income securities across corporate debt, government bonds, mortgage-backed securities, and inflation-linked instruments, with up to 35% in high-yield debt, emerging market securities in foreign currencies, loans, convertibles, and structured products. The portfolio management team uses relative value analysis combining top-down macroeconomic assessment with bottom-up security selection to identify undervalued opportunities, and actively rotates sector exposure based on shifting valuations. Because security selection depends on the team's assessment of relative value and fundamental conditions, fund returns will diverge from any benchmark. The fund may temporarily adopt defensive positioning that could cause it to miss opportunities.
| Share class | Expense ratio |
|---|---|
| C000020000 | 0.96% |
| LAUYX | 0.51% |
| LAGVX | 0.71% |
| LAUSX | 1.37% |
| LAUFX | 0.61% |
| LAUQX | 1.11% |
| LAURX | 1.01% |
| LAUKX | 0.76% |
| LAUTX | 0.51% |
| LAUVX | 0.44% |
| LOGVX | 0.44% |
Portfolio turnover 243.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 75.53% |
| Loans | 14.89% |
| Securitized | 13.90% |
| Cash & short-term | 1.42% |
| Derivatives | 0.52% |
These positions come to 106.26% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
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 | 32.0% |
| International | 14.2% |
| Securitized | 13.1% |
| Financials | 12.1% |
| 12 smaller | 28.6% |
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).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2021 Q4
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury ×2, UMBS, TBA ×2, DISCOVERY GLOBAL HOLDINGS INC, ITC HOLDINGS CORP, Government National Mortgage Association, JPMorgan Securities LLC
Largest exited: United States Treasury ×2, ITALY GOV'T INT BOND, ALLIANT HOLD / CO-ISSUER, Signal Peak CLO, LLC, Highbridge Loan Management Ltd, BELROSE FUNDING TRUST II, Atlas Warehouse Lending Company, L.P.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +6.60% | +16.76% | +6.75% | 4.03% | -5.65% | |
| +6.41% | +16.56% | +5.69% | 3.99% | -5.37% | |
| +5.67% | +14.33% | +2.43% | 3.98% | -6.03% | |
| +6.49% | +16.40% | +5.76% | 3.95% | -5.75% | |
| +5.98% | +15.15% | +3.72% | 3.96% | -5.92% | |
| +6.06% | +14.98% | +3.71% | 3.93% | -5.90% | |
| +6.33% | +15.86% | +5.41% | 4.04% | -5.77% | |
| +6.59% | +17.22% | +6.71% | 4.08% | -5.27% | |
| +6.67% | +17.46% | +7.11% | 3.99% | -5.24% | |
| +6.67% | +17.46% | +7.11% | 3.99% | -5.24% |
These classes hold the same portfolio, so the 4.68pp spread over 5 years is the cost difference between them — roughly 0.94pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
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 | 78.7% |
| Floating rate | 19.2% |
| Zero-coupon or unclassified | 2.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.2% |
| 1-3y | 7.8% |
| 3-5y | 18.5% |
| 5-10y | 43.5% |
| 10y+ | 28.1% |
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
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
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.
| Interest rates | 54% |
| Credit spreads | 46% |
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.
| Investment grade | +3.97 yr |
| High yield | +1.13 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.74 yr | 12% |
| 5 yr | 2.01 yr | 34% |
| 10 yr | 2.16 yr | 36% |
| 30 yr | 1.05 yr | 18% |
3 mo is NEGATIVE (-0.06 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.03 yr | 0% |
| 1 yr | 0.55 yr | 11% |
| 5 yr | 2.21 yr | 43% |
| 10 yr | 1.83 yr | 36% |
| 30 yr | 0.49 yr | 10% |
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 | -0.06 | +0.01 | +0.01 | $7.5k | $8.8k |
| 1 yr | +0.74 | +0.27 | +0.29 | $170.5k | $184.7k |
| 5 yr | +2.01 | +1.52 | +0.69 | $976.8k | $445.9k |
| 10 yr | +2.16 | +1.69 | +0.13 | $1.09m | $85.0k |
| 30 yr | +1.05 | +0.49 | +0.01 | $312.6k | $4.0k |
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 | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury4.63% · due 2046-02-15 | 2.88% | $185.27M | — |
| — | United States Treasury4.75% · due 2053-11-15 | 1.57% | $100.92M | — |
| — | UMBS, TBA5.00% · due 2041-07-01 | 1.03% | $66.36M | — |
| — | NRG Energy Inc5.42% floating · due 2031-04-16 | 0.94% | $60.31M | — |
| — | Charter Communications Operating, LLC5.94% floating · due 2031-12-15 | 0.93% | $59.97M | — |
| — | DISCOVERY GLOBAL HOLDINGS INC0.00% · due 2033-06-30 | 0.78% | $50.15M | — |
| — | ITC HOLDINGS CORP5.50% · due 2036-04-15 | 0.73% | $46.91M | — |
| — | BAT CAPITAL CORP7.75% · due 2032-10-19 | 0.71% | $45.89M | — |
| — | Flutter Financing BV5.45% floating · due 2030-11-30 | 0.71% | $45.49M | — |
| — | BAXTER INTERNATIONAL INC5.65% · due 2035-12-15 | 0.69% | $44.60M | — |
Top 10 positions are 10.97% of net assets, top 25 18.85%, across 379 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