Form 4: Lord Abbett Credit Opportunities Fund Portfolio Manager Sells Shares

Sentiment:

SEC Form 4 Filing


Kewjin Yuoh, a Portfolio Manager at Lord Abbett Credit Opportunities Fund, disposed of shares on April 24, 2024.

Summary

  • On April 24, 2024, Kewjin Yuoh, a Portfolio Manager at Lord Abbett Credit Opportunities Fund, disposed of 3,382.187 common shares at a price of $8.87 per share.
  • Following the transaction, Yuoh beneficially owns 2,887.894 common shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of share disposal by a portfolio manager. The impact on the fund is not explicitly stated.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for insiders of publicly traded companies or funds, indicating changes in their beneficial ownership.

Stakeholder Impact

  • The disposal of shares by a portfolio manager could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the overall fund.

Key Dates

DateDescription
04/24/2024Date of transaction: Kewjin Yuoh disposed of shares.
04/26/2024Date of signature on the Form 4 filing.

Keywords

Form 4, Lord Abbett Credit Opportunities Fund, Kewjin Yuoh, Portfolio Manager, Share Disposal, LCRDX

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