Lord Abbett Special Situations Income Fund - Special Situations Inc Fd USD Cls I
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.36
$63.1 M
9.28%
$0.87
-
Vitals
YTD Return
5.5%
1 yr return
16.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$63.1 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.36
$63.1 M
9.28%
$0.87
-
LISSX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 9.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameLord Abbett Special Situations Income Fund - Special Situations Inc Fd USD Cls I
-
Fund Family NameLord Abbett
-
Inception DateJan 31, 2022
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTodd Solomon
Fund Description
LISSX - Performance
Return Ranking - Trailing
Period | LISSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -11.1% | 7.4% | 1.71% |
1 Yr | 16.1% | -9.3% | 25.4% | 1.09% |
3 Yr | N/A* | -17.4% | 17.4% | N/A |
5 Yr | N/A* | -13.4% | 14.9% | N/A |
10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | LISSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -12.0% | 15.7% | 10.89% |
2022 | N/A | -31.8% | 18.4% | N/A |
2021 | N/A | -26.6% | 25.7% | N/A |
2020 | N/A | -49.2% | 18.7% | N/A |
2019 | N/A | -35.1% | 15.3% | N/A |
Total Return Ranking - Trailing
Period | LISSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -11.1% | 7.4% | 1.71% |
1 Yr | 16.1% | -9.3% | 25.4% | 1.09% |
3 Yr | N/A* | -17.4% | 17.4% | N/A |
5 Yr | N/A* | -13.4% | 14.9% | N/A |
10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | LISSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.2% | -7.0% | 22.2% | 0.62% |
2022 | N/A | -31.8% | 21.1% | N/A |
2021 | N/A | -13.5% | 49.9% | N/A |
2020 | N/A | -28.6% | 24.1% | N/A |
2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
LISSX - Holdings
Concentration Analysis
LISSX | Category Low | Category High | LISSX % Rank | |
---|---|---|---|---|
Net Assets | 63.1 M | 2.53 M | 143 B | 89.73% |
Number of Holdings | N/A | 4 | 9868 | N/A |
Net Assets in Top 10 | N/A | -1.57 B | 65.8 B | N/A |
Weighting of Top 10 | N/A | 0.7% | 171.7% | N/A |
Top 10 Holdings
Asset Allocation
Weighting | Return Low | Return High | LISSX % Rank | |
---|---|---|---|---|
Stocks | 0.00% | -4.18% | 99.88% | N/A |
Preferred Stocks | 0.00% | 0.00% | 30.46% | N/A |
Other | 0.00% | -62.91% | 100.00% | N/A |
Convertible Bonds | 0.00% | 0.00% | 33.50% | N/A |
Cash | 0.00% | -94.66% | 258.91% | N/A |
Bonds | 0.00% | -150.81% | 196.48% | N/A |
LISSX - Expenses
Operational Fees
LISSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.03% | 20.67% | 30.51% |
Management Fee | 1.25% | 0.00% | 2.29% | 93.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
LISSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
LISSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
LISSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | N/A |
LISSX - Distributions
Dividend Yield Analysis
LISSX | Category Low | Category High | LISSX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.28% | 0.00% | 13.05% | 0.93% |
Dividend Distribution Analysis
LISSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
LISSX | Category Low | Category High | LISSX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.55% | 10.56% | N/A |
Capital Gain Distribution Analysis
LISSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.072 | OrdinaryDividend |
Mar 31, 2024 | $0.078 | OrdinaryDividend |
Feb 29, 2024 | $0.073 | OrdinaryDividend |
Jan 31, 2024 | $0.073 | OrdinaryDividend |
Dec 31, 2023 | $0.080 | OrdinaryDividend |
Nov 30, 2023 | $0.076 | OrdinaryDividend |
Oct 31, 2023 | $0.081 | OrdinaryDividend |
Sep 30, 2023 | $0.078 | OrdinaryDividend |
Aug 31, 2023 | $0.077 | OrdinaryDividend |
Jul 31, 2023 | $0.076 | OrdinaryDividend |
Jun 30, 2023 | $0.080 | OrdinaryDividend |
May 31, 2023 | $0.084 | OrdinaryDividend |
Apr 30, 2023 | $0.083 | OrdinaryDividend |
Mar 31, 2023 | $0.076 | OrdinaryDividend |
Feb 28, 2023 | $0.079 | OrdinaryDividend |
Jan 31, 2023 | $0.071 | OrdinaryDividend |
Dec 31, 2022 | $0.065 | OrdinaryDividend |
Nov 30, 2022 | $0.070 | OrdinaryDividend |
Oct 31, 2022 | $0.060 | OrdinaryDividend |
Sep 30, 2022 | $0.060 | OrdinaryDividend |
Aug 31, 2022 | $0.050 | OrdinaryDividend |
Jul 28, 2022 | $0.005 | OrdinaryDividend |
Jun 30, 2022 | $0.050 | OrdinaryDividend |
May 31, 2022 | $0.050 | OrdinaryDividend |
Apr 30, 2022 | $0.047 | OrdinaryDividend |
Feb 28, 2022 | $0.063 | OrdinaryDividend |
Jan 31, 2022 | $0.050 | OrdinaryDividend |
Dec 31, 2021 | $0.044 | OrdinaryDividend |
Dec 17, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.043 | OrdinaryDividend |
Oct 31, 2021 | $0.032 | OrdinaryDividend |
Sep 30, 2021 | $0.008 | OrdinaryDividend |
LISSX - Fund Manager Analysis
Managers
Todd Solomon
Start Date
Tenure
Tenure Rank
Sep 10, 2021
0.72
0.7%
Mr. Solomon joined Lord Abbett in 2019. His previous experience includes serving as Director of Research at TCW Distressed LLC; Managing Principal at Halcyon Capital Management LLC; Senior Vice President at Triage Capital Management LLC; Associate, Global Communications Group at Solomon Smith Barney; Associate, Investment Banking at Natwest Markets; and Analyst, Private Placement Group at Chase Securities. He has worked in the financial services industry since 1994. He earned a BA in managerial economics from Union College and an MBA from Columbia Business School at Columbia University.
Mayur Lakhani
Start Date
Tenure
Tenure Rank
Sep 10, 2021
0.72
0.7%
Mr. Lakhani joined Lord Abbett in 2019. His prior experience includes serving as Partner & Portfolio Manager at Tricadia Capital Management; Senior Analyst, Portfolio Manager of BlueMountain Financial Holdings at BlueMountain Capital Management; Director & Senior Analyst–Special Situations Group at Deutsche Bank Securities; Associate Director–Retail/Consumer Investment Banking Group at UBS Investment Bank; and Associate, Investment Banking Group at Prudential Securities. He has worked in the financial services industry since 1998. He earned a BS in computer science from Cornell University and an MBA from the University of Pennsylvania’s Wharton School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.78 | 3.19 |