Lord Abbett Bond Debenture boasts a veteran leadership squad and strong corporate credit research team, but its preference for high-yield debt and equities contributes to considerable volatility. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.
- NAV / 1-Day Return 6.87 / 0.31 %
- Total Assets 21.5 Bil
-
Adj. Expense Ratio
0.580%
- Expense Ratio 0.580%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 5.02%
- Effective Duration 5.10 years
Morningstar’s Analysis LBNYX
Will LBNYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 57
- Bond Holdings 749
- Other Holdings 21
- % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
United States Treasury Notes 1.63%
1.29
278,732,536
Government
United States Treasury Notes 1.13%
0.88
189,883,414
Government
Barclays Capital
0.59
127,299,060
Cash and Equivalents
Sprint Capital Corporation 6.88%
0.56
121,351,892
Corporate
AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%
0.54
117,450,661
Corporate
Crowdstrike Holdings Inc 3%
0.52
112,289,784
Corporate
T-Mobile USA, Inc. 3.38%
0.50
107,687,138
Corporate
Antero Resources Corporation 5.38%
0.42
91,177,887
Corporate
TransDigm, Inc. 5.5%
0.39
84,329,664
Corporate
SHOW TRUST 2022-BIZ 1%
0.38
82,072,133
Securitized