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Morningstar

Lord Abbett Core Fixed Income A LCRAX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 9.30  /  0.44 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.570%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.87%
  • Effective Duration 6.36 years

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:15 PM GMT+0

Morningstar’s Analysis LCRAX

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

People Pillar

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

Lord Abbett Core Fixed Income A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LCRAX

More LCRAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 387
  • Other Holdings 19
  • % Assets in Top 10 Holdings 23.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.63%

5.35
139,464,939
Government

Barclays Capital

5.24
136,545,625
Cash and Equivalents

United States Treasury Bonds 3.88%

5.03
131,125,646
Government

United States Treasury Notes 3.88%

2.92
76,012,924
Government

United States Treasury Bonds 3.63%

2.65
69,106,423
Government

Barclays Capital

1.92
49,999,444
Cash and Equivalents

United States Treasury Notes 1.63%

1.81
47,122,553
Government

Federal Home Loan Banks 4.81%

1.62
42,175,997
Government

United States Treasury Bills 0%

1.44
37,398,284
Government

United States Treasury Notes 4.13%

1.43
37,139,517
Government