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.
Lord Abbett Short Duration Income R2 LDLQX
NAV / 1-Day Return
4.14
/
0.25
%
Total Assets
61.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.990%
Expense Ratio
0.990%
Fee Level
Low
Longest Manager Tenure
23.06
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
0
Status
Open
TTM Yield
1.94%
Effective Duration
1.70
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LDLQX 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 LDLQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LDLQX 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 LDLQX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A seasoned management team executes this risky short-term bond approach.
