Lord Abbett Short Duration Income’s category-topping yield has proved alluring, judging by the tremendous asset growth in the past 15 years, but its adventurous approach can sting unsuspecting investors seeking a safe short-term bond allocation during bumpy stretches.
Lord Abbett Short Duration Income I LLDYX
- NAV / 1-Day Return 3.82 / 0.00
- Total Assets 42.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.380%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 4.90%
- Effective Duration 1.76 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 PM GMT+0
Morningstar’s Analysis LLDYX
Will LLDYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 4.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 0.25% | 0.75 | 325.4 Mil | Government |
United States Treasury Notes 5% | 0.73 | 318.4 Mil | Government |
Barclays Capital | 0.73 | 317.1 Mil | Cash and Equivalents |
United States Treasury Notes 4.13% | 0.66 | 286.9 Mil | Government |
Citigroup Inc. 3.11% | 0.59 | 254.1 Mil | Corporate |
United States Treasury Notes 4.63% | 0.58 | 250.0 Mil | Government |
Invitation Homes Operating Partnership Lp | 0.57 | 247.1 Mil | Corporate |
Intesa Sanpaolo S.p.A. 5.02% | 0.56 | 243.0 Mil | Corporate |
Charter Communications Operating Llc | 0.44 | 192.2 Mil | Corporate |
HCA Inc. 5.25% | 0.44 | 191.0 Mil | Corporate |