Lord Abbett Income Fund Class C

Lord Abbett Income Fund Class C is a mutual fund designed to provide a high level of current income with a secondary goal of capital preservation. The fund primarily invests in a diversified portfolio of investment grade fixed income securities, while also maintaining a notable allocation—averaging about 18% over the past decade—to below-investment-grade bonds, which introduces a high-yield, higher-risk element to its holdings. With over 500 individual bond holdings and total net assets exceeding $5.6 billion, this fund offers broad exposure to corporate credit markets and U.S. government-related securities. The portfolio is actively managed, drawing on a seasoned research and investment team to navigate changing market conditions. Monthly dividend payments and a yield near 4.9% make the fund appealing for income-focused investors. Launched in 1996, Lord Abbett Income Fund Class C is widely regarded for its blended approach, balancing credit quality and income generation. It plays a significant role in the market as an option for those seeking diversified fixed income exposure beyond traditional government and investment-grade bonds.