Lord Abbett Short Duration Income boasts a seasoned management lineup and robust credit research team, though it takes more risk than peers and its investment process has few guardrails and standard risk management resources. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class is rated Negative.
Will LDLAX 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 LDLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LDLAX 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 LDLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.