LALDX: Lord Abbett Short Duration Income Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

LALDX - Snapshot

Vitals

  • YTD Return -0.2%
  • 3 Yr Annualized Return 3.1%
  • 5 Yr Annualized Return 3.0%
  • Net Assets $55.8 B
  • Holdings in Top 10 12.9%

52 WEEK LOW AND HIGH

$4.20
$3.83
$4.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load 2.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 57.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,500
  • IRA N/A

Fund Classification


Compare LALDX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.00

0.00%

$67.93 B

2.30%

$0.25

2.52%

-

$82.73

-0.02%

$60.08 B

2.03%

$1.68

2.73%

-

$10.86

0.00%

$60.08 B

-

$0.00

2.74%

-

$4.20

0.00%

$55.82 B

2.93%

$0.12

-0.24%

-

$82.99

0.00%

$41.35 B

2.58%

$2.14

2.47%

-

LALDX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett Short Duration Income Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Nov 04, 1993
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Lee

Fund Description

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 and instrumentalities; and inflation-linked investments.


LALDX - Performance

Return Ranking - Trailing

Period LALDX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -8.6% 206.0% 93.12%
1 Yr 2.8% -4.7% 8.6% 81.61%
3 Yr 3.1%* 0.7% 4.8% 48.11%
5 Yr 3.0%* 0.4% 5.5% 22.60%
10 Yr 2.9%* 0.3% 4.3% 11.08%

* Annualized

Return Ranking - Calendar

Period LALDX Return Category Return Low Category Return High Rank in Category (%)
2019 1.7% -2.4% 5.0% 64.17%
2018 -2.6% -50.6% 1.0% 93.62%
2017 -1.4% -1.6% 2.8% 99.15%
2016 0.0% -65.8% 7.1% 69.42%
2015 -3.4% -75.0% 3.0% 92.62%

Total Return Ranking - Trailing

Period LALDX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -8.6% 206.0% 92.94%
1 Yr 0.5% -6.3% 8.6% 94.65%
3 Yr 2.3%* -0.4% 4.8% 80.07%
5 Yr 2.5%* 0.1% 5.5% 44.82%
10 Yr 2.7%* 0.2% 4.3% 15.66%

* Annualized

Total Return Ranking - Calendar

Period LALDX Return Category Return Low Category Return High Rank in Category (%)
2019 1.7% -2.3% 7.2% 66.13%
2018 -2.6% -4.2% 6.5% 94.97%
2017 -1.4% -1.6% 5.9% 99.37%
2016 0.0% -65.2% 10.7% 75.45%
2015 -3.4% -7.0% 3.5% 95.00%

NAV & Total Return History


LALDX - Holdings

Concentration Analysis

LALDX Category Low Category High LALDX % Rank
Net Assets 55.8 B 4.4 M 67.9 B 2.97%
Number of Holdings 1598 3 4728 5.47%
Net Assets in Top 10 7.13 B -168 M 7.13 B 1.66%
Weighting of Top 10 12.91% 2.3% 100.0% 81.16%

Top 10 Holdings

  1. United States Treasury Notes 0.13% 4.66%
  2. United States Treasury Notes 0.13% 1.98%
  3. United States Treasury Notes 0.13% 1.53%
  4. United States Treasury Bills 0% 1.47%
  5. Boeing Co 0.92%
  6. Boeing Co 0.92%
  7. Boeing Co 0.92%
  8. Boeing Co 0.92%
  9. Boeing Co 0.92%
  10. Boeing Co 0.92%

Asset Allocation

Weighting Return Low Return High LALDX % Rank
Bonds
96.50% 0.00% 174.49% 21.23%
Cash
2.93% -77.41% 100.00% 66.83%
Convertible Bonds
0.56% 0.00% 32.87% 84.08%
Stocks
0.00% 0.00% 6.71% 65.51%
Preferred Stocks
0.00% 0.00% 52.40% 68.66%
Other
0.00% -6.41% 20.06% 61.69%

Bond Sector Breakdown

Weighting Return Low Return High LALDX % Rank
Corporate
53.52% 0.00% 99.99% 25.70%
Securitized
34.30% 0.00% 92.39% 38.47%
Government
9.12% 0.00% 78.98% 73.13%
Cash & Equivalents
2.93% 0.00% 100.00% 77.11%
Municipal
0.10% 0.00% 19.46% 39.30%
Derivative
0.02% 0.00% 27.60% 19.57%

Bond Geographic Breakdown

Weighting Return Low Return High LALDX % Rank
US
74.50% 0.00% 140.37% 72.14%
Non US
22.00% -22.36% 78.41% 16.92%

LALDX - Expenses

Operational Fees

LALDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.01% 34.57% 63.43%
Management Fee 0.25% 0.00% 1.19% 26.73%
12b-1 Fee 0.20% 0.00% 1.00% 22.05%
Administrative Fee 0.04% 0.01% 0.50% 13.14%

Sales Fees

LALDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 1.00% 5.75% 65.56%
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

LALDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LALDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 57.00% 0.00% 496.37% 40.54%

LALDX - Distributions

Dividend Yield Analysis

LALDX Category Low Category High LALDX % Rank
Dividend Yield 0.00% 0.00% 3.53% 64.69%

Dividend Distribution Analysis

LALDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

LALDX Category Low Category High LALDX % Rank
Net Income Ratio 2.92% -9.96% 4.42% 12.59%

Capital Gain Distribution Analysis

LALDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

LALDX - Fund Manager Analysis

Managers

Robert Lee


Start Date

Tenure

Tenure Rank

Dec 31, 1998

21.93

21.9%

Robert A. Lee is a Partner and Chief Investment Officer at the Lord Abbett & Company. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Mr. Lee received a BS from the University of Pennsylvania. He has been in the investment business since 1991.

Andrew O'Brien


Start Date

Tenure

Tenure Rank

Dec 14, 2007

12.97

13.0%

Mr. O’Brien is a lead portfolio manager for the taxable fixed income strategies. Mr. O’Brien joined Lord Abbett in 1998 and was named Partner in 2008. Mr. O’Brien received a BA from Princeton University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1998.

Kewjin Yuoh


Start Date

Tenure

Tenure Rank

Apr 01, 2012

8.67

8.7%

Mr. Yuoh is a portfolio manager for the taxable fixed income strategies. Mr. Yuoh joined Lord Abbett in 2010, and was named Partner in 2012. His prior experience includes: Senior Vice President – Director of Fundamental Research and Senior Portfolio Manager at Alliance Bernstein, LLP; Vice President – Senior Portfolio Manager at Credit Suisse Asset Management; and Mortgage-Backed Securities Portfolio Manager at Sanford C. Bernstein & Co., Inc. Mr. Yuoh received a BS from Cornell University and has been in the investment business since 1994.

Steven Rocco


Start Date

Tenure

Tenure Rank

Apr 01, 2016

4.67

4.7%

Mr. Rocco is Partner and Director of Taxable Fixed Income of Lord Abbett. Mr. Rocco is a lead portfolio manager for the high yield fixed income strategy and also contributes as portfolio manager to the multi-sector fixed-income strategy. Mr. Rocco joined Lord Abbett in 2004 and was named Partner in 2011. Mr. Rocco joined Lord Abbett as an associate portfolio manager and then transitioned to lead portfolio manager for our short duration and corporate bond strategies. He was previously a Consultant at FactSet. Mr. Rocco received a BA from Cornell University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 2001.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 27.84 5.92 0.92
Continue to site >
Trending ETFs