Lord Abbett Short Duration Income Fund Class I (LLDYX)

4.46
Net Asset Value
+0.22%
1 Day
+0.22%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.38%
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 pursues its investment objective by investing 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 and other asset-backed securities; and securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises; and inflation-linked investments.

Performance

1 month+0.31% 3 years+3.01%
3 months+1.24% 5 years+3.82%
1 year+2.02% Since inception+4.68%
Data through --

Peer Comparisonvs. Short-term bond

 LLDYXCategory
Performance 5-yr return+3.82%+2.31%
Expense ratio0.38%0.86%
Risk 5 year sharpe ratio2.191.40
Net assets$36.2B$2.1B
Average market cap--$65.9B
Average P/E--19.1
Portfolio turnover60%60%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureAndrew O'Brien / 17 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income91.21%
Cash8.80%
U.S. stock0.00%
International stock0.00%
Other0.00%
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
-- 1.02%
-- 0.74%
-- 0.63%
-- 0.61%
-- 0.59%
-- 0.58%
-- 0.53%
-- 0.49%
-- 0.49%
-- 0.47%

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