Lord Abbett Special Situations Income Fund

Last Updated 03/19/2024

Shows hypothetical growth of $1000 since inception

Nav Per Share

9.47%

Current Yield

0.00%

Total Return

07/16/2021

Inception

$61,421,554

Total Managed Assets*

LISSX

Ticker

$1,000,000

Minimum Investment

%

Net Expense Ratio

*represents total managed funds for the fund complex

About The Fund

Lord Abbett Special Situations Income Fund (the “Fund”) is a non-diversified, closed-end management investment company that continuously offers its shares and is operated as an “interval fund.”


Investment Objective: The Fund’s investment objective is total return. In pursuing its investment objective, the Fund will seek income as well as capital appreciation. No assurance can be given that the Fund’s investment objective will be achieved, and you could lose all of your investment in the Fund.


Investment Strategy: To pursue its objective, the Fund has flexibility to allocate its capital among a broad range of asset classes and sectors, including corporate, sovereign, municipal, and structured products. The Fund will invest its assets in bonds, loans and other fixed income instruments and derivative instruments intended to provide economic exposure to such securities. The Fund may invest at every level of the capital structure, in securities across developed and emerging markets, in “stressed” securities and in special situations. Developments creating special situations may include, but are not limited to, complex, dislocated and distressed conditions such as mergers or acquisitions, spin-offs, litigation, bankruptcy proceedings and workouts, financial restructurings, new products, or management changes. The Fund has significant flexibility to adjust allocations over time while adapting to the market and economic environment. The Fund intends to be optimally positioned across asset classes, sectors and capital structure, without any explicit duration target or liquidity limitations, in order to maximize exposure to favored industries and sectors, identify the strongest candidates within those industries or sectors, and select securities the Fund believes present the best risk/reward profiles.



Adviser: Lord, Abbett & Co. LLC


Administrator: Lord Abbett


Legal Counsel: Ropes & Gray LLP


Partner: Bryan Chegwidden


Public Accounting Firm: Deloitte & Touche LLP


Distributor: Lord Abbett Distributor LLC


Custodian: State Street Bank and Trust Company


Transfer Agent: DST Systems, Inc.

HISTORICAL DATA

Percentage and dollar changes represent the increase or decrease in the NAV from the preceding trading day.

Regulatory Materials

Prospectus - 6/30/2021 - Lord Abbett Special Situations Income Fund

Lord Abbett Special Situations Income Fund - Class I

SEC

Prospectus - 6/30/2021 - Lord Abbett Special Situations Income Fund

Lord Abbett Special Situations Income Fund - Class A

SEC

Prospectus - 6/30/2021 - Lord Abbett Special Situations Income Fund

Lord Abbett Special Situations Income Fund - Class U

SEC

Date

2021