Lord Abbett Bond Debenture benefits from a seasoned management team, but its credit- and equity-heavy approach leads to serious bouts of volatility. All of the strategy's share classes earn a Morningstar Analyst Rating of Neutral.
Will LBDFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LBDFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LBDFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of LBDFX’s parent organization’s priorities and whether they’re in line with investors’ interests.