CFBAX | Climate Focused Bond Fund Class A | Lord Abbett

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

 

Climate Focused Bond Fund

Track this Fund
Add to Hypo Tool

Summary

Summary

What is the Climate Focused Bond Fund?

The Fund seeks to deliver total return by investing in the securities of issuers we believe have, or will have, a positive impact on the climate.

 

Yield

Dividend Yield 1 as of 09/30/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 1.52% 0.12%

30-Day Standardized Yield 2 as of 08/31/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.37% 1.29%

Fund Basics

Total Net Assets
-
Inception Date
05/29/2020
Dividend Frequency
Monthly
Fund Gross Expense Ratio
2.85%
Fund Net Expense Ratio
1.45%
Number of Holdings
-
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -13.48% -13.92% - - - -4.55%
Lipper Category Avg. General Bond Funds - - - - - -
ICE BofA Green Bond Index Hedged USD - - - - - -
w/ sales charge -14.34% -13.92% - - - -4.55%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -13.48% -13.92% - - - -4.55%
Lipper Category Avg. General Bond Funds - - - - - -
ICE BofA Green Bond Index Hedged USD - - - - - -
w/ sales charge -14.34% -13.92% - - - -4.55%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

RELATED CONTENT

Green Shoots: ESG in Emerging Markets
December 2, 2021

In this episode of Green Shoots, Annika Lombardi discusses the emerging markets landscape with Portfolio Manager Mila Skulkina through an ESG lens.

INVESTMENT TEAM

Annika M. Lombardi
Annika M. Lombardi

Managing Director, Portfolio Manager

15 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

21 Years of Industry Experience

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

24 Years of Industry Experience

Supported By 71 Investment Professionals with 16 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -13.48% -13.92% - - - -4.55%
Lipper Category Avg. General Bond Funds - - - - - -
ICE BofA Green Bond Index Hedged USD - - - - - -
w/ sales charge -14.34% -13.92% - - - -4.55%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -13.48% -13.92% - - - -4.55%
Lipper Category Avg. General Bond Funds - - - - - -
ICE BofA Green Bond Index Hedged USD - - - - - -
w/ sales charge -14.34% -13.92% - - - -4.55%

Fund Expense Ratio :

Gross 2.85%

Net 1.45%

Year Fund Returns ICE BofA Green Bond Index Hedged USD
2021 -1.57% -2.19%
2020 5.31% 6.68%
Year Q1 Q2 Q3 Q4 Yearly Returns
2022 -4.94% -6.03% -3.15% - -13.48%
2021 -1.85% 0.89% -0.10% -0.51% -1.57%
2020 - - 2.07% 1.84% 5.31%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 03/31/2022

  • During the quarter, we were focused on adding high quality, floating rate exposure. Most of the Fund’s adds have come in green or sustainable floating rate supranational debt. 
  • We have modestly reduced the Fund’s high yield allocation and more specifically the Fund’s European high yield exposure as we feel that these securities are more sensitive to input costs and economic growth.
  • Relative to the ICE BofA Green Bond Index, the Fund is modestly overweight credit risk. More specifically, the Fund is overweight bonds in the lower credit quality tiers.
  • The Fund also continues to remain underweight duration versus both the Green Bond index and Global Aggregate, given our views on persistently high inflation.

Fees & Expenses

Fees & Expenses

Expense Ratioas of 08/31/2022

Fund Gross Expense Ratio Fund Net Expense Ratio
2.85% 1.45%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
Quantity
Quantity
Remove
Remove

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field