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Morningstar

Lord Abbett Corporate Bond R6 LBCVX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 8.21  /  0.90 %
  • Total Assets 8.6 Mil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.75%
  • Effective Duration 6.73 years

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:20 PM GMT+0

Morningstar’s Analysis LBCVX

Will LBCVX 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 LBCVX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LBCVX 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 LBCVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Lord Abbett Corporate Bond R6's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings LBCVX

More LBCVX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 219
  • Other Holdings 10
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UBS Group AG 4.13%

2.31
190,242
Corporate

United States Treasury Bonds 4.38%

1.85
152,099
Government

Barclays Capital

1.82
149,328
Cash and Equivalents

Bank of America Corporation 3.59%

1.75
143,451
Corporate

Goldman Sachs Group, Inc. 2.38%

1.52
124,980
Corporate

Morgan Stanley 4.43%

1.46
120,311
Corporate

Citigroup Inc. 2.56%

1.36
111,531
Corporate

JPMorgan Chase & Co. 2.58%

1.10
90,769
Corporate

B.A.T. Capital Corporation 7.75%

1.09
89,872
Corporate

Continental Resources, Inc. 5.75%

1.09
89,288
Corporate