Performance
Trailing returns
| 1 day | +0.01% |
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| 1 week | +0.07% |
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| 4 week | +0.30% |
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| 3 month | +1.09% |
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| YTD | +1.37% |
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| 1 year | +5.22% |
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| 3 years* | +4.90% |
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| 5 years* | +5.97% |
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| *annualized | |||||
| Best 3 month return | +6.39% | |
| Worst 3 month return | -7.14% |
Morningstar statistics
Morningstar category: Short-Term Bond
| Return | Risk | Rating | |
| 3 years | Above Average | Above Average |
 
|
| 5 years | High | Above Average |
|
| 10 years | High | Above Average |
|
| Overall | High | Above Average |
|
Key statistics
| Total assets | 32.05B | |
| Front load | 2.25% | |
| Deferred load | - | |
| Expense ratio | 0.59% | |
| Management fee | - | |
| Fund family | Lord Abbett |
Asset allocation
| Cash | 10.17% | |
| Stocks | 0.00% | |
| Bonds | 87.29% | |
| Convertible | 0.30% | |
| Other | 2.23% |
Purchase information
| Initial | US$1,500 | |
| IRA Initial | US$1,500 | |
| AIP Initial | US$250 | |
| AIP Additional | US$50 |
4.650.00(0.00%)
May 17, 4:00PM EDT
Overall Morningstar RatingTM
Description
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.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Jerald Lanzotti (Started: Apr 1, 2012)
Kewjin Yuoh (Started: Apr 1, 2012)
Andrew O'Brien (Started: Jan 8, 1998)
Robert Lee (Started: Dec 31, 1998)
Jerald Lanzotti (Started: Apr 1, 2012)
Kewjin Yuoh (Started: Apr 1, 2012)
Andrew O'Brien (Started: Jan 8, 1998)
Robert Lee (Started: Dec 31, 1998)
90 Hudson Street
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 4.79 | 4.07 | 3.12 | 0.93 | |
| Beta* | 0.01 | 0.09 | 0.48 | 0.54 | |
| Mean annual return | 0.41 | 0.39 | 0.50 | 0.37 | |
| R-squared* | 0.02 | 1.82 | 19.72 | 37.26 | |
| Standard deviation | 1.09 | 1.69 | 3.78 | 3.09 | |
| Sharpe ratio | 4.40 | 2.70 | 1.49 | 0.85 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| US Treasury Note 0.375% | 1.67% | |
| Jp Morgan Chase Bk Na 6% | 0.54% | |
| Mylan 144A 6% | 0.53% | |
| Comm Mtg Tr 2013-Ccre6 CMO 2.122% | 0.53% | |
| Wfrbs Coml Mtg Tr 2013-C11 CMO 2.029% | 0.45% | |
| Citigroup 5% | 0.44% | |
| Ml Floating Coml Tr 2008-Laq CMO | 0.44% | |
| Fidelity Natl Info Svcs 7.875% | 0.43% | |
| Qvc 144A 7.5% | 0.42% | |
| Virgin Media Secd Fin 6.5% | 0.42% |