Lord Abbett Short Duration Income Fund Class C (LDLAX)

4.21
Net Asset Value
0.00%
1 Day
-1.64%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
1.23%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of income consistent with preservation of capital. The fund invests primarily in various types of short duration debt (or fixed income) securities. It invests at least 65% of its net assets in investment grade debt securities including corporate debt securities of U.S. issuers; corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; mortgage backed- mortgage-related- and other asset-backed securities; and securities issued or guaranteed by the U.S. government- its agencies or instrumentalities; and inflation-linked investments.

Performance

1 month+0.30% 3 years+1.19%
3 months+0.37% 5 years+1.40%
1 year+0.49% Since inception+3.64%
Data through --

Peer Comparisonvs. Short-term bond

 LDLAXCategory
Performance 5-yr return+1.40%+1.00%
Expense ratio1.23%0.75%
Risk 5 year sharpe ratio0.620.50
Net assets$40.2B$2.3B
Average market cap--$39.3B
Average P/E--16.2
Portfolio turnover67%67%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureRobert Lee / 19 Years
Minimal initial investment$1,500.00
Minimum IRA investment--

Holdings

Fixed income96.19%
Cash3.35%
Other0.37%
U.S. stock0.08%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Business service 100.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 0.77%
-- 0.58%
-- 0.54%
-- 0.49%
-- 0.47%
-- 0.47%
-- 0.46%
-- 0.46%
-- 0.45%
-- 0.42%