# Lord Abbett Credit Opportunities Fund (LCRDX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lcrdx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lord Abbett · Asset class: Bond - Strategy: Actively Managed · Inception: 2020-01-02 Actively managed, diversified, closed-end interval fund seeking total return through flexible credit investing. Invests at least 80% of net assets across corporate, sovereign, municipal, and structured product sectors as well as bank loans, private credit, convertibles, and select emerging market debt. May invest in any credit quality, maturity, or duration including high-yield and distressed instruments. Institutional Class requires minimum $1 million initial investment. Offers limited quarterly liquidity via repurchase offers. ## Key Facts | Metric | Value | |---|---| | Price | $7.64 | | Expense Ratio | 1.35% | | Assets Under Management | $2.73B | | NAV | $7.64 | | Holdings Count | — | | Distribution Yield (TTM) | 10.88% | | Annual Distribution (TTM) | $0.83 /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.64 – $8.83 | | Beta | 0.24 | ## Latest Distribution - Amount: $0.0565 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does LCRDX invest in? Actively managed, diversified, closed-end interval fund seeking total return through flexible credit investing. Invests at least 80% of net assets across corporate, sovereign, municipal, and structured product sectors as well as bank loans, private credit, convertibles, and select emerging market debt. May invest in any credit quality, maturity, or duration including high-yield and distressed instruments. Institutional Class requires minimum $1 million initial investment. Offers limited quarterly liquidity via repurchase offers. ### What is the expense ratio of LCRDX? Lord Abbett Credit Opportunities Fund (LCRDX) charges an expense ratio of 1.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LCRDX's dividend yield? LCRDX's trailing-twelve-month yield is 10.88%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of LCRDX? Effective duration measures LCRDX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. LCRDX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of LCRDX? LCRDX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of LCRDX? Yield to maturity (YTM) is the total return you'd earn from LCRDX if every bond in the portfolio is held to maturity at the current price. LCRDX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does LCRDX pay a dividend? Yes, Lord Abbett Credit Opportunities Fund (LCRDX) distributes dividends to shareholders. The trailing-twelve-month yield is 10.88%. Full dividend history is on this page. ### How often does LCRDX pay dividends? Lord Abbett Credit Opportunities Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LCRDX's next ex-dividend date? The most recently announced ex-dividend date for LCRDX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LCRDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LCRDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LCRDX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LCRDX cost more than a fund like VOO? LCRDX is actively managed (current expense ratio 1.35%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LCRDX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LCRDX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LCRDX (1.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lcrdx - Distribution history: https://www.dividenddata.com/funds/lcrdx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lcrdx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lcrdx/expenses - Peer comparison: https://www.dividenddata.com/funds/lcrdx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.