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Morningstar

Lord Abbett Total Return C LTRCX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 8.73  /  0.42 %
  • Total Assets 3.1 Bil
  • Adj. Expense Ratio
    1.270%
  • Expense Ratio 1.270%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.43%
  • Effective Duration 5.92 years

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 10:16 PM GMT+0

Morningstar’s Analysis LTRCX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Lord Abbett Total Return C's Average Process and People Pillar ratings aren't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LTRCX

More LTRCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 422
  • Other Holdings 13
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.88%

4.70
143,865,800
Government

United States Treasury Notes 4.13%

2.78
85,198,686
Government

United States Treasury Bills 0%

1.99
60,752,177
Government

United States Treasury Bonds 3.88%

1.64
50,294,559
Government

United States Treasury Bonds 3.63%

1.50
45,800,315
Government

United States Treasury Bonds 0%

1.04
31,779,889
Government

Fnma Pass-Thru I 2.5%

1.03
31,565,351
Securitized

United States Treasury Notes 1.63%

1.02
31,205,868
Government

Fnma Pass-Thru I 2.5%

0.94
28,720,123
Securitized

Citigroup Inc. 3.98%

0.81
24,868,613
Corporate