- What does LISSX invest in?
- Formerly Lord Abbett Special Situations Income Fund; renamed Lord Abbett Corporate Opportunities Fund on February 18, 2025. Actively managed interval fund seeking high long-term total returns through diversified credit assets including bank loans, high-yield and investment-grade corporate bonds, emerging market debt, private credit, and derivatives. Invests in stressed, distressed, and defaulted issuers. Minimum initial investment of $1 million. Provides monthly distributions.
- What is the expense ratio of LISSX?
- Lord Abbett Corporate Opportunities Fund Class I (LISSX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is LISSX?
- Lord Abbett Corporate Opportunities Fund Class I (LISSX) manages $79.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is LISSX actively managed or an index fund?
- LISSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LISSX's is 0.58%) in exchange for the discretion to over- or under-weight positions.
- When was LISSX launched?
- Lord Abbett Corporate Opportunities Fund Class I (LISSX) launched in September 2021 and is managed by Lord Abbett.
- How has LISSX performed?
- LISSX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
