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Morningstar

Lord Abbett Bond-Debenture P LBNPX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 7.28  /  +0.32 %
  • Total Assets 21.2 Bil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.090%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Limited
  • TTM Yield 5.36%
  • Effective Duration 3.94 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis LBNPX

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

  • People Pillar

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

Strength in Lord Abbett Bond-Debenture P'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

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LBNPX

More LBNPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%

0.56 118.4 Mil
Corporate

J P Morgan Securities Inc

0.53 111.0 Mil
Cash and Equivalents

Argentina (Republic of) 0%

0.50 105.5 Mil
Government

Antero Resources Corporation 5.38%

0.45 93.8 Mil
Corporate

Dominican Republic 6%

0.43 90.3 Mil
Government

DISH Network Corporation 11.75%

0.41 85.4 Mil
Corporate

Turkey (Republic of) 5.13%

0.40 83.8 Mil
Government

Community Health Systems Incorporated 4.75%

0.39 81.5 Mil
Corporate

SM Energy Co. 6.63%

0.38 79.7 Mil
Corporate

SHOW TRUST 2022-BIZ 8.3%

0.37 76.9 Mil
Securitized