Morningstar

Lord Abbett Ultra Short Bond Fund Class I LUBYX

Morningstar Medalist Rating
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Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $9.99  /  0.00
  • Fund Size $16.7B
  • Adjusted Expense Ratio 0.290%
  • Net Expense Ratio 0.290%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.23%
  • Average Effective Duration 0.63 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LUBYX

Will LUBYX outperform in the 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 LUBYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lord Abbett Ultra Short Bond I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings LUBYX

More LUBYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.38%

2.10 352M
Government

Vistra Operations Co LLC 5%

1.05 176M
Corporate

Goldman Sachs Group, Inc. 1.95%

0.97 163M
Corporate

Lowes Cos Inc

0.74 123M
Corporate

Citigroup Inc. 3.89%

0.72 120M
Corporate

RWE AG 0%

0.72 120M
Cash and Equivalents

Wells Fargo & Co. 5.71%

0.71 119M
Corporate

Citigroup Inc. 3.07%

0.67 111M
Corporate

Honeywell International Inc

0.67 111M
Corporate

Macquarie Airfinance Holdings Ltd 5.2%

0.62 104M
Corporate

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