Lord Abbett Credit Opportunities Fund (LCRDX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LCRDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LCRDX
LCRDX charges 1.39% annually. There are 74 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | LCRDX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | LCRDX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | LCRDX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | LCRDX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | LCRDX vs MOFIX |
Best Risk-Adjusted Alternatives to LCRDX
LCRDX has a PortfoliosLab risk / return rank of 18. There are 77 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | LCRDX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | LCRDX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | LCRDX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | LCRDX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | LCRDX vs ODIDX |
Top Performing LCRDX Alternatives (YTD)
LCRDX is at 0.94% YTD. There are 30 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | LCRDX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | LCRDX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | LCRDX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | LCRDX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | LCRDX vs NWXHX |
Lowest Volatility Alternatives to LCRDX
LCRDX has 4.35% 1-year volatility. There are 79 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | LCRDX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | LCRDX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | LCRDX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | LCRDX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | LCRDX vs ODIDX |
Lowest Drawdown Alternatives to LCRDX
LCRDX has a 1-year max drawdown of -3.64%. There are 71 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | LCRDX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | LCRDX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | LCRDX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | LCRDX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | LCRDX vs BWDTX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 88 | 0.93% | — | Oct 2004 | LCRDX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 78 | 0.83% | — | Nov 1993 | LCRDX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 75 | 1.63% | — | May 2020 | LCRDX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 80 | 11.98% | — | Jan 1950 | LCRDX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 77 | 1.72% | — | Apr 2020 | LCRDX vs LSYIX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 9 | 1.97% | — | Jun 2011 | LCRDX vs LGLIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 38 | 0.17% | — | Mar 1971 | LCRDX vs LBNDX | |
| Lord Abbett High Yield Fund | High Yield Bonds | 57 | 0.83% | — | Dec 1998 | LCRDX vs LHYAX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 99 | 1.69% | — | Oct 2016 | LCRDX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 70 | 12.42% | — | Jun 1983 | LCRDX vs LAVLX |
Often Compared With LCRDX
Investors most often compare LCRDX with MZCSX, PIPNX, MXIIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare LCRDX with Any Fund or Stock
Compare LCRDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LCRDX with funds that move differently
Lord Abbett Credit Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LCRDX.
Explore LCRDX Diversifiers