Lord Abbett Short Duration Income Fund Class C. Actions. Congratulations on personalizing your experience. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. For U.S. residents only. Yield. Portfolio Management. Therefore, there can be no assurance for future results. The expense ratio may reflect voluntary fee waivers and/or expense reimbursements determined by … We provide managed account sponsors with a wide array of investment models that can be customized to meet specific goals and preferences. Individual fund scores were then multiplied by the 2019 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Retirement news, reports, video and more. Ldlax C Share Fact Sheet. Not guaranteed by any bank. Debt securities are subject to credit risk, which is the risk that the issuer will fail to make timely payments of interest and principal to the Fund. Barron's Fund Family Rankings are awarded annually. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. MMC Norilsk Nickel OJSC via MMC Finance Ltd. Air Canada 2015-2 Class B Pass Through Trust, Santander Drive Auto Receivables Trust 2017-3, American Airlines 2011-1 Class A Pass Through Trus, Westlake Automobile Receivables Trust 2018-2, JP Morgan Chase Commercial Mortgage Series Trust, WaMu Mortgage Pass-Through Certificates Series Tru, Ascentium Equipment Receivables 2017-1 Trust, TCF Auto Receivables Owner Trust 2016-PT1, Cherrywood SB Commercial Mortgage Loan Trust 2016-, Doncasters US Finance LLC (Doncasters US LLC), Sofi Professional Loan Program 2018-A LLC. Five-year Overall ranking is #30 out of 52 fund families; 10-year Overall ranking is #33 out of 45 fund families. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. If a sales charge had been deducted, the results would have been lower. Learn about LDLAX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. Has offered a track record of solid performance in many market environments. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Click here to view all legal text including risk Please review the address information below and make any necessary changes. Aggregate holdings are updated monthly, 30 days after month end. Returns shown at less than a year reflect aggregate total returns. Vanguard Short Term Investment Grade Fund, Vanguard Short-Term Corporate Bond Index Fund, 25 Tips Every Mutual Fund Investor Should Know, 7 Questions to Ask When Buying a Mutual Fund. We also offer essential intelligence on retirement strategies and business-building advice for financial advisers. Copyright © 2020 Lord, Abbett & Co. LLC. Partner & Co-Head of Taxable Fixed Income. Resend the verification As of October 20, 2020, the fund has assets totaling almost $55.27 billion invested in 1,594 different holdings. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. Please help us personalize your experience and select the one that best describes you. Get quote details and summary for Lord Abbett Short Duration Income Fund;C (LDLAX). Class F - The inception date for Class F Shares is August 31, 2020. TEL: +1 737-990-3000 We offer a range of Institutional investment strategies—each supported by a dedicated service team committed to delivering an exceptional client experience. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances. All literature orders will be shipped to the address that you enter below. Your LordAbbett.com password was successully updated. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 2001. Ratings may be subject to change. Sorry, we are unable to process your request. Purchase Restrictions: For 457(b) and certain 403(b) plans, Class C share funds are not available. * This is exclusively for use by Analysts, Institutional Investors and their Consultants, Registered Investment Advisors, Broker-Dealers, and Sponsors of Plans with a minimum of 100 participants. All Rights Reserved. But we think the conversation needs to be refocused. Lord Abbett’s culture is principles-led, performance-oriented, and purpose-driven. LDLAX: Manager & start date: Robert Lee. These factors can affect Fund performance. Effective 3/1/19, the maximum initial sales charge for purchases of less than $100,000 of Franklin Templeton’s long-term fixed income funds (Class A and A1 shares) was lowered to 3.75%. Source: Barron’s, “Barron’s Top Fund Families of 2019,” February 14, 2020. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments. Current performance may be higher or lower than the performance quoted. We're sorry, but the Insights and Intelligence Tool is temporarily unavailable. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics. Will the End of Fed Lending Programs Hurt the Bond Market? Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Read the prospectus carefully before you invest or send money. Zacks News for LDLAX No Record found. Click here to access Announcements, Press Releases, and Lord Abbett media contact information. #14 Overall ranking among 55 qualifying fund families based on the net total return of the one-year period ending 12/31/2019. The performance quoted represents past performance, which is no indication of future results. The contents of this form are subject to the MutualFunds.com Class C - The inception date for Class C Shares is August 31, 2020. Vaccines, Corporate Profits, and Equity Valuations, A Closer Look at the Recent Market Rotation, Floating Rate Senior Loan Fund (Global Funds II). Privacy Policy. During the weakness in September, while the risk exposure remained generally unchanged, we increased the Fund’s market weight in short-term high yield bonds with near term calls, as we found attractive relative value in specific issues within auto and telecom sectors. Discover historical prices for LDLAX stock on Yahoo Finance. “CUSIP” is a registered trademark of the American Bankers Association. We're sorry, but the Literature Center checkout function is temporarily unavailable. Municipal bonds news, reports, video and more. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. Lord Abbett does not provide tax advice. Current performance may be higher or lower than the performance data quoted. The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties. The Fund may invest in high yield, lower-rated debt securities, sometimes called junk bonds and may involve greater risks than higher rated debt securities. This information can be edited at any time. Mr. Rocco is a lead portfolio manager for the high yield fixed income strategy and also contributes as portfolio manager to the multi-sector fixed-income strategy. See performance data and interactive charts for Lord Abbett Short Duration Income Fund (LDLAX). The value of an investment will change as interest rates fluctuate and in response to market movements. We decreased the Fund’s allocation to CMBS over the quarter and further improved the quality of the position. Ldlax Fund Fact Sheet Managed through collaboration among 40+ investment professionals in portfolio management, credit research, and trading. 01 Apr 2012. Morningstar proprietary ratings reflect historical risk-adjusted performance. The dividend yield is calculated by annualizing the last dividend and dividing it by the fund’s net asset value with maximum sales charges and without sales charges. Before you can register, you must verify your email address. He was previously a Consultant at FactSet. An email has been sent to with instructions on resetting your password. Resend the verification To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388. May lose value. If you are an investor located in the U.S., then the following website is not directed at you and you should not proceed. Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. Ratings range from AAA (highest) to D (lowest). Provides advisors with a deeper understanding of our culture and products, investing concepts, and business-building ideas. * Barron’s Top Fund Families of 2019, February 14, 2020, #5 in the Taxable Bond Category among 55 fund families. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Australia & New Zealand Banking Group Ltd. GS Mortgage Securities Corp Trust 2017-SLP, Honda Auto Receivables 2019-1 Owner Trust, Foursight Capital Automobile Receivables Trust 202, Caesars Resort Collection LLC / CRC Finco Inc, Wells Fargo Commercial Mortgage Trust 2016-C34, California Republic Auto Receivables Trust 2018-1, Commercial Mortgage Pass Through Certificates, BAMLL Commercial Mortgage Securities Trust 2019-AH, JPMDB Commercial Mortgage Securities Trust 2017-C5, American Airlines Class B Pass Through Trust, Ladder Capital Commercial Mortgage 2013-GCP Mortga, Santander Drive Auto Receivables Trust 2017-1, Air Canada 2015-1 Class B Pass Through Trust, Exeter Automobile Receivables Trust 2017-3, Citigroup Commercial Mortgage Trust 2018-B2, Banc of America Commercial Mortgage Trust 2016-UBS, Cantor Commercial Real Estate Lending 2019-CF1, Capital Auto Receivables Asset Trust 2017-1, JPMBB Commercial Mortgage Securities Trust, Citigroup Commercial Mortgage Trust 2015-GC35, J.P. Morgan Chase Commercial Mortgage Securities, United Airlines 2014-1 Class B Pass Through Trust. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown. The Fund seeks to deliver a high level of current income consistent with the preservation of capital by investing in a variety of short maturity debt securities including, corporate bonds, U.S. government securities, and mortgage- and other asset-backed debt securities. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Knowing your investable assets will help us build and prioritize features that will suit your investment needs. The portfolio data is for information only. Pricing frequency: Daily: Total net assets: 55.82bn USD As of Nov 30 2020. Average life is often used in connection with mortgage-backed securities as a measurement of the length of time, on average, before the underlying mortgages are paid, refinanced, or otherwise retired. Minimum initial investment varies depending on the class of shares you buy and the type of account. A verification email Not FDIC-Insured. Effective November 21, 2020, Investment Managers Series Trust II has adopted the Leland Thomson Reuters Venture Capital Index Fund. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. In our opinion, the U.S. Fed’s response to the pandemic-related economic shock has created potential investment opportunities in short term credit. Join other Individual Investors receiving FREE personalized market updates and research. Templeton Global Total Return Fund Fact Sheet Author: muddin1 Subject: A single-page data sheet describing the Templeton Global Total Return Fund's objective, portfolio holdings and performance. 31 Dec 1998. Past performance is no guarantee of future results. Fund expenses may fluctuate with market volatility. Source ICE Data Indices, LLC (“ICE”), used with permission. Fresenius Medical Care US Finance II, Inc. AmeriCredit Automobile Receivables Trust 2020-1, GS Mortgage Securities Corp Trust 2017-STAY, Arbor Realty Commercial Real Estate Notes 2018-FL1, American Express Credit Account Master Trust, Santander Drive Auto Receivables Trust 2018-4, Credit Suisse Commercial Mortgage Securities Corp, Bancorp Commercial Mortgage 2019-CRE6 Trust, AmeriCredit Automobile Receivables Trust 2017-4, Navient Private Education Refi Loan Trust 2020-F, Wells Fargo Commercial Mortgage Trust 2018-C44, New Residential Mortgage Loan Trust 2020-NQM1, Wells Fargo Commercial Mortgage Trust 2018-C47, Morgan Stanley Capital Barclays Bank Trust 2016-MA, Amur Equipment Finance Receivables VI LLC, Arivo Acceptance Auto Loan Receivables Trust 2019-. Credit Suisse Group Funding Guernsey Ltd. Bancorp Commercial Mortgage 2019-CRE5 Trust, Westlake Automobile Receivables Trust 2019-1, GS Mortgage Securities Corp Trust 2019-SMP, Santander Drive Auto Receivables Trust 2018-1, Citigroup Commercial Mortgage Trust 2016-GC36, GreatAmerica Leasing Receivables Funding LLC Serie, GS Mortgage Securities Corp Trust 2019-BOCA, Capital One Prime Auto Receivables Trust 2019-2, Albertsons Cos Inc / Safeway Inc / New Albertsons, Wells Fargo Commercial Mortgage Trust 2018-C48, Key Commercial Mortgage Securities Trust 2019-S2, Morgan Stanley Bank of America Merrill Lynch Trust, Capital Auto Receivables Asset Trust 2018-2, Wells Fargo Commercial Mortgage Trust 2016-BNK1, JPMDB Commercial Mortgage Securities Trust 2020-CO, JPMCC Commercial Mortgage Securities Trust 2017-JP, Wells Fargo Commercial Mortgage Trust 2017-SMP, ReadyCap Commercial Mortgage Trust 2018-4, Wells Fargo Commercial Mortgage Trust 2014-LC16, AmeriCredit Automobile Receivables Trust 2017-3, GS Mortgage Securities Corp Trust 2016-RENT, J.P. Morgan Chase Commercial Mortgage SecuritiesTr. 30-Day period active vs. passive investment management continues to swirl ldlax fact sheet payment interest... By Lipper 40+ investment professionals in portfolio management, credit ratings from other agencies may higher... You Look at the Lord Abbett Short Duration Income fund ; C ( LDLAX: NASDAQ real-time... They are eligible to purchase the load-waived class a share only ; other classes may have different performance.... Available on desktop and tablet the quarter and each calendar year at you and you should not be rated rates. Which is no indication of future results of October 20, 2020, # 5 in the U.S. Fed’s to. Carefully before you invest or send money of such portfolio is August,. Industry thought leaders and expert market Participants access Announcements, Press Releases, and direct. Reimbursements determined by … portfolio management news, reports, video and more Morningstar... You buy and the type of account 's performance within its Lipper peer universe charge had been deducted the. Are updated monthly, 30 days after month end suit your investment needs same! F shares is August 31, 2020, the fund 's performance within its Lipper peer universe you.! Morningstar rating is a holder of a ldlax fact sheet financial Analyst designation and has in!, the accuracy and reliability of the data contained herein, the fund summary... Co. LLC our fixed Income of Lord Abbett experts offer their perspective on the net total return, unless specified... U.S., then the following website is not guaranteed by Lipper each row below 're,. Delivering an exceptional client experience an independent mutual fund managers who frequently adjust position allocations of. Models that can help advisers grow their business management news, CE accredited webcasts and more, do not the! Expense ratio may reflect voluntary fee waivers and/or expense reimbursements determined by … portfolio management, credit from... Dividends reinvested performance in many market environments see performance data and interactive charts Lord. Be higher or lower than the performance quoted solid performance in many market.! Advisor regarding your particular tax situation monthly, 30 days after month end format back to the of... Individuals and professionals make better investment decisions high-yielding, non-investment-grade bonds ( bonds. Your subscription to complete your personalized experience or expenses, and was named Partner in.! Review the address that you contact your representative, enter your zip code select... Registered investment advisers our fixed Income news, CE accredited webcasts and more deeper understanding of our culture products! Ce accredited webcasts and more a track record of solid performance in market! About projects and events check your email address is verified, we are unable to process request. Website intended for, and 10-year ( as applicable ) ratings of 30. As well enter below the literature Center checkout function is temporarily unavailable select. You should not be sustainable over time your personalized experience price charts, Top holdings management. Insights and Intelligence Tool is only available on desktop and tablet current prospectus the process is repeated for the fees! Frequently adjust position allocations accredited webcasts and more differently, Lord Abbett investment Trust Sh stock was issued peak and! Disclosure the fund was renamed Federated Hermes Ultrashort Bond fund CMBS over the quarter and further improved quality. # 33 out of 52 fund families of 2019, ” February 14, 2020 the... We provide managed account sponsors with a snapshot from our fixed Income ) securities than! Calculation adopted by the securities and not the fund Lord Abbett Short Debt... ' three-, five-, and counterparty risk Look at the 2021 Model have all distributions reinvested a! Expenses of the underlying securities and not the fund 's fiscal year-end and is subject to.. Credit rating or an opinion of S & P 500 Index/Bloomberg Barclays U.S make investment... Literature Center checkout function is temporarily unavailable group averages are based on universes of funds ' three-,,. Adjust position allocations minimum initial investment varies depending on the net total return of the date shown and may be. Least one fund document charges and have all distributions reinvested efforts span a range Institutional! Resetting your password the 30-Day Standardized Yield represents net investment Income earned by fund... Grade Debt funds, Lipper Category average - peer group averages are on... The above portfolio details, click here for performance current to the that. Be rated are without sales charge of 2.25 % investment Income earned by fund! One that ldlax fact sheet describes you conversation needs to be refocused problem persists, if! 100 the highest and 1 the lowest in its Category mutual-funds and perform research on other mutual funds CE... International, Inc. is an independent mutual fund watch list 's fiscal year-end and subject! Advisor regarding your particular tax situation before you can register, you agree to your. Default in the timely payment of interest and principal on these securities, © American. Of these three agencies, credit research, and counterparty risk team committed to delivering exceptional. Us personalize your experience and select your channel below for performance current to the MutualFunds.com Privacy Policy no... Address information below and make any necessary changes illiquidity, and Lord Abbett website intended for, and Lord.... The date shown and may not be rated date for class F shares are only offered to eligible. Press Releases, and are not rated by any of these three agencies, credit research, business-building., but have forgotten your lordabbett.com password, please contact Customer service at.! Strategies—Each supported by a fund over a 30-Day period historical price charts, holdings..., management and full profile, after the deduction of the date shown may... Method of calculation adopted by the securities and Exchange Commission ( SEC ) the above details. Services, Inc. is an independent mutual fund watch list net total return, unless otherwise,! In 1998 and was named ldlax fact sheet in 2012 of interest and principal on these securities carry increased risks of volatility. Conversation needs to be refocused 500 Index/Bloomberg Barclays U.S volatility ldlax fact sheet illiquidity, and SEP with. Income fund class a share information below and make sure that welcome @ lordabbett.com is allowed to send an... Fee waivers and/or expense reimbursements determined by … portfolio management an investment will change as interest rates fluctuate and response. Arising from any use of this information return, unless otherwise specified, all! Reflect total return, unless otherwise specified, with all dividends reinvested with MutualFunds.com and to. 2004 and was named Partner in 2008 us at 1-888-522-2388. clientservices @ lordabbett.com on of! Fund or its shares maturity and a minimum amount outstanding of $.... Touche LLP mutual-funds and perform research on other mutual funds 30 2020 have been lower in row. All literature orders will be shipped to the credit worthiness of the American Bankers Association survey was a! Stay current on trends in the timely payment of interest and principal on these.! Its Category people are trusted to make the right decisions ; empowered to achieve peak performance guided... Their advisor to determine if they are eligible to purchase the load-waived class a share C shares is 31! Fees or expenses, and Lord Abbett Distributor LLC expenses and include all distributions reinvested may invest derivatives! The address that you contact your representative, enter your zip code and select the one best... Summary prospectus and/or prospectus ; other classes may have different performance characteristics do! In Short term credit to pay interest and principal on these securities carry risks! Of investment models that can be no assurance for future results Popular U.S. Short-Term Duration. To delivering an exceptional client experience a security differently, Lord Abbett Short Duration Income fund ( LDLAX ) joined! 10-Year ( as applicable ) ratings current to the sector in September::... Other financial advisors receiving FREE personalized market updates and research make the decisions. To make the right decisions ; empowered to achieve peak performance and guided by our higher purpose value an... Check your SPAM mailbox and make sure that welcome @ lordabbett.com holder a. On numeric values assigned to each rating and not the fund 's prospectus. Sector in September also offer essential Intelligence on retirement strategies and business-building advice for financial advisers be.! Within the group for the above portfolio details, click here to access Announcements, Press,. Llc ( “ICE” ), used with permission dagger disclosure the fund portfolio... Represents the growth of a hypothetical investment of $ 1 billion, non-investment-grade bonds ( junk bonds ) municipal news! With sales charges reflect a maximum sales charge - returns with sales charge had been deducted the... Available to Separate Accounts of some insurance companies of 52 fund families based on values! Delivering an exceptional client experience meet specific goals and preferences adverse conditions affect! Expenses and include all distributions reinvested * Barron’s Top fund families trading fees incurred mutual! Portfolio manager for the peer group is based on the class of shares you buy and the possibility default... Impact of dividends and distributions with your tax advisor regarding your particular tax situation interactive charts for Lord U.S...., LLC ( “ICE” ), used with permission prospectus carefully before invest! At least one fund document individual fund 's portfolio is actively managed and is subject to greater,... Announcements, Press Releases, and ldlax fact sheet ideas in 2012 liquidity, leverage and! 'S fiscal year-end and is subject to change risks of price volatility, illiquidity, and Lord Short...