Lord Abbett Short Duration Income Fund Class I (LLDYX)

4.18
Net Asset Value
0.00%
1 Day
-1.65%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.39%
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+0.35% 3 years+2.01%
3 months+0.56% 5 years+2.24%
1 year+1.29% Since inception+4.06%
Data through --

Peer Comparisonvs. Short-term bond

 LLDYXCategory
Performance 5-yr return+2.24%+1.00%
Expense ratio0.39%0.75%
Risk 5 year sharpe ratio1.210.50
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$1,000,000.00
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
Holdings not available.