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Morningstar

Lord Abbett Short Duration Income F LDLFX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 3.80  /  0.04 %
  • Total Assets 44.4 Bil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.480%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.34%
  • Effective Duration 1.89 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis LDLFX

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

People Pillar

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

This aggressive short-term bond fund has recently cut back on credit risk.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Lord Abbett Short Duration Income has a seasoned leadership crew and sizable credit research team, but its structurally aggressive approach can sting unsuspecting investors seeking a safe short-term bond allocation. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while the remaining share class’ higher price tag warrants a Negative rating.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LDLFX

More LDLFX Holdings
  • Current Portfolio Date
  • Equity Holdings 7
  • Bond Holdings 1107
  • Other Holdings 39
  • % Assets in Top 10 Holdings 7.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.63%

1.55
706,405,602
Government

United States Treasury Notes 4.13%

1.16
531,277,096
Government

United States Treasury Notes 0.25%

0.69
314,963,627
Government

United States Treasury Notes 4.25%

0.65
297,502,191
Government

Comcast Hulu Holdings Llc

0.57
259,165,553
Corporate

Charter Communications Operating Llc

0.56
256,874,040
Corporate

Citigroup Inc. 3.11%

0.55
249,960,984
Corporate

Invitation Homes Operating Partnership Lp

0.54
246,255,562
Corporate

General Motors Financial Company Inc 5.1%

0.43
196,106,444
Corporate

Manufacturers & Traders Trust Co. 4.65%

0.43
194,915,305
Corporate