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Name

As of 06/02/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett Core Plus Bond Fund

LAPTX | Fund

$15.21

$262 M

-

1.67%

Vitals

YTD Return

N/A

1 yr return

4.2%

3 Yr Avg Return

3.2%

5 Yr Avg Return

N/A

Net Assets

$262 M

Holdings in Top 10

14.0%

52 WEEK LOW AND HIGH

$15.2
$14.05
$15.21

Expenses

OPERATING FEES

Expense Ratio 1.67%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett Core Plus Bond Fund

LAPTX | Fund

$15.21

$262 M

-

1.67%

LAPTX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.49%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett Core Plus Bond Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Dec 08, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kewjin Yuoh

Fund Description

LAPTX - Performance

Return Ranking - Trailing

Period LAPTX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -7.4% 7.8% 97.02%
1 Yr 4.2% -9.0% 17.3% 18.34%
3 Yr 3.2%* 0.9% 9.9% 99.10%
5 Yr N/A* 1.1% 8.5% N/A
10 Yr N/A* 1.4% 8.2% N/A

* Annualized

Return Ranking - Calendar

Period LAPTX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.5% -10.1% 946.1% 97.10%
2022 5.7% -2.6% 13.9% 44.99%
2021 -4.7% -10.3% 2.7% 89.84%
2020 1.3% -49.5% 8.1% 48.77%
2019 1.2% -49.3% 192.8% 25.03%

Total Return Ranking - Trailing

Period LAPTX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -7.4% 7.8% 97.02%
1 Yr 4.2% -9.0% 17.3% 16.44%
3 Yr 3.2%* 0.9% 9.9% 96.88%
5 Yr N/A* 1.1% 8.5% N/A
10 Yr N/A* 1.4% 8.2% N/A

* Annualized

Total Return Ranking - Calendar

Period LAPTX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.5% -10.1% 946.1% 97.10%
2022 5.7% -2.6% 13.9% 47.02%
2021 -4.7% -10.3% 3.9% 90.60%
2020 1.3% -6.0% 8.4% 59.91%
2019 1.9% -5.7% 204.3% 31.78%

NAV & Total Return History

LAPTX - Holdings

Concentration Analysis

LAPTX Category Low Category High LAPTX % Rank
Net Assets 262 M 1.81 M 303 B 77.95%
Number of Holdings 668 1 18501 48.98%
Net Assets in Top 10 32.3 M -1.04 B 45.6 B 86.32%
Weighting of Top 10 13.99% 3.3% 100.0% 88.43%

Top 10 Holdings

  1. United States Treasury Notes 0.13% 4.68%
  2. United States Treasury Notes 0.5% 2.33%
  3. United States Treasury Notes 0.63% 2.18%
  4. United States Treasury Bonds 2% 1.74%
  5. United States Treasury Bonds 3.63% 1.73%
  6. United States Treasury Notes 0.38% 1.49%
  7. Federal National Mortgage Association 3.5% 1.46%
  8. Federal National Mortgage Association 3.5% 1.21%
  9. UBS AG 5.13% 0.90%
  10. Bank of America Corporation 3.59% 0.87%

Asset Allocation

Weighting Return Low Return High LAPTX % Rank
Bonds 		91.24% -38.15% 286.91% 69.59%
Cash 		7.91% -195.83% 145.79% 26.16%
Convertible Bonds 		0.85% 0.00% 8.68% 63.77%
Stocks 		0.00% -0.28% 10.37% 90.11%
Preferred Stocks 		0.00% 0.00% 84.28% 93.99%
Other 		0.00% -15.11% 6.89% 83.55%

Bond Sector Breakdown

Weighting Return Low Return High LAPTX % Rank
Securitized 		41.78% 0.00% 98.48% 17.65%
Corporate 		37.88% 0.00% 100.00% 34.38%
Government 		11.75% 0.00% 78.71% 81.52%
Cash & Equivalents 		7.88% 0.00% 51.54% 39.09%
Municipal 		0.70% 0.00% 100.00% 40.02%
Derivative 		0.00% 0.00% 22.31% 93.90%

Bond Geographic Breakdown

Weighting Return Low Return High LAPTX % Rank
US 		74.75% -38.40% 255.76% 82.72%
Non US 		16.49% -92.93% 44.24% 19.32%

LAPTX - Expenses

Operational Fees

LAPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.67% 0.01% 19.93% 6.58%
Management Fee 0.28% 0.00% 0.85% 23.95%
12b-1 Fee 0.60% 0.00% 1.00% 77.72%
Administrative Fee 0.04% 0.01% 0.50% 11.83%

Sales Fees

LAPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LAPTX 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.

LAPTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 484.45% 99.09%

LAPTX - Distributions

Dividend Yield Analysis

LAPTX Category Low Category High LAPTX % Rank
Dividend Yield 0.00% 0.00% 3.28% 91.99%

Dividend Distribution Analysis

LAPTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

LAPTX Category Low Category High LAPTX % Rank
Net Income Ratio 2.49% -0.39% 11.28% 36.82%

Capital Gain Distribution Analysis

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

Distributions History

View More +

LAPTX - Fund Manager Analysis

Managers

Kewjin Yuoh

Start Date

Tenure

Tenure Rank

Dec 08, 2015

4.48

4.5%

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.

Andrew O'Brien

Start Date

Tenure

Tenure Rank

Dec 08, 2015

4.48

4.5%

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.

Robert Lee

Start Date

Tenure

Tenure Rank

Dec 08, 2015

4.48

4.5%

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.

Steven Rocco

Start Date

Tenure

Tenure Rank

Apr 01, 2016

4.17

4.2%

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
0.01 32.18 7.0 1.67

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