Lord Abbett Short Duration Income’s category-topping yield has proved alluring, judging by the tremendous asset growth in the past 15 years, but its adventurous approach can sting unsuspecting investors seeking a safe short-term bond allocation during bumpy stretches.
Lord Abbett Short Duration Income I LLDYX
- NAV / 1-Day Return 3.88 / −0.21 %
- Total Assets 42.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.380%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.04%
- Effective Duration 1.74 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis LLDYX
Will LLDYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 0.25% | 0.78 | 331.9 Mil | Government |
United States Treasury Notes 5% | 0.75 | 318.6 Mil | Government |
United States Treasury Notes 4.13% | 0.68 | 288.0 Mil | Government |
Broadcom Inc | 0.66 | 282.7 Mil | Corporate |
United States Treasury Notes 4.63% | 0.59 | 250.7 Mil | Government |
Invitation Homes Operating Partnership Lp | 0.58 | 247.4 Mil | Corporate |
Citigroup Inc. 3.11% | 0.55 | 232.3 Mil | Corporate |
Charter Communications Operating Llc | 0.46 | 196.9 Mil | Corporate |
HCA Inc. 5.25% | 0.45 | 191.6 Mil | Corporate |
Manufacturers & Traders Trust Co. 4.65% | 0.45 | 191.3 Mil | Corporate |