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Morningstar

Lord Abbett Short Duration Income A LALDX

Morningstar Analyst Rating
Analyst rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 3.85  /  0.01 %
  • Total Assets 48.7 Bil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 1.77 years

USD | NAV as of Mar 29, 2023 | 1-Day Return as of Mar 29, 2023, 10:29 PM GMT+0

Morningstar’s Analysis LALDX

Will LALDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LALDX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LALDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of LALDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This aggressive short-term bond fund has recently cut back on credit risk.

Senior Analyst

Summary

| by R.J. D'Ancona

Lord Abbett Short Duration Income has a seasoned leadership crew and sizable credit research team, but its structurally aggressive approach can sting unsuspecting investors seeking a safe short-term bond allocation. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while the remaining share class’ higher price tag warrants a Negative rating.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LALDX

More LALDX Holdings
  • Current Portfolio Date Jan 31, 2023
  • Equity Holdings 4
  • Bond Holdings 1091
  • Other Holdings 48
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.25%

1.39
687,508,704
Government

United States Treasury Notes 4.5%

1.33
654,236,854
Government

United States Treasury Notes 4.38%

1.29
634,999,906
Government

United States Treasury Bills 0%

1.15
567,252,632
Government

United States Treasury Bills 0%

1.06
525,423,664
Government

United States Treasury Notes 3.88%

0.93
457,489,000
Government

United States Treasury Bills 0%

0.80
394,617,328
Government

Comcast Hulu Holdings Llc

0.52
258,191,247
Corporate

Charter Communications Operating Llc

0.51
253,112,364
Corporate

Invitation Homes Operating Partnership Lp

0.50
246,883,765
Corporate