Form 4: Lord Abbett Credit Opportunities Fund: Portfolio Manager Adam C. Castle Reports Transaction
SEC Form 4 Filing
Portfolio Manager Adam C. Castle reports the acquisition of common shares in Lord Abbett Credit Opportunities Fund on April 4, 2025.
Summary
- Adam C. Castle, a Portfolio Manager at Lord Abbett & Co. LLC, reported a transaction involving Lord Abbett Credit Opportunities Fund (LCRDX).
- On April 4, 2025, Castle acquired 1,189.061 common shares at a price of $8.41 per share.
- Following the transaction, Castle beneficially owns 20,495.882 common shares.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a transaction by a portfolio manager, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the portfolio manager's investment activity.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: Acquisition of common shares |
| 04/08/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Lord Abbett Credit Opportunities Fund, LCRDX, Adam C. Castle, Portfolio Manager, Transaction
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