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Lord Abbett Short Duration Income C LDLAX

Analyst rating as of
  • NAV / 1-Day Return 3.89  /  0.01 %
  • Total Assets 49.7 Bil
  • Adj. Expense Ratio
    1.230%
  • Expense Ratio 1.230%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 2.58%
  • Effective Duration

Morningstar’s Analysis LDLAX

Will LDLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A veteran crew courts significant credit risk for a short-term bond strategy.

Senior Analyst

Summary

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Lord Abbett Short Duration Income has a veteran leadership core and robust credit research team, but its structurally aggressive short-term bond approach is coupled with standard risk management tools. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its expensive C share class is rated Negative.

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