CFBAX | Climate Focused Bond Fund Class A | Lord Abbett
Image alt tag

Page not optimized for mobile browsing

DST vision is best viewed on desktop and tablet

The Muni-Ladder Interest Rate Scenario Tool is only available on desktop and tablet.

PROCEED GO TO LORDABBETT.COM

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

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)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

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.

Check Out Go Literature Center

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Climate Focused Bond Fund

Daily price w/o sales charge as of 06/11/2021

$10.30

$0.00

YTD Returns w/o sales charge as of 06/11/2021

-0.54%

Click here to view all legal text including risk information

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 06/11/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 1.92% 0.00%

30-Day Standardized Yield 2 as of 05/31/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 1.19% 0.00%

Fund Basicsas of 04/30/2021

Total Net Assets
$17.59 M
Inception Date
05/29/2020
Dividend Frequency
Monthly
Fund Gross Expense Ratio
2.77%
Fund Net Expense Ratio
0.38%
Number of Holdings
202

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -1.08% 4.64% - - - 4.81%
Lipper Category Avg. General Bond Funds -0.55% 5.64% - - - -
Bloomberg Barclays Global Aggregate Bond Index (USD Hedged) -2.00% 0.09% - - - 0.27%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -1.59% - - - - 4.32%
Lipper Category Avg. General Bond Funds -1.97% - - - - -
Bloomberg Barclays Global Aggregate Bond Index (USD Hedged) -2.47% - - - - -0.22%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. 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. Therefore, there can be no assurance for future results.

INVESTMENT TEAM

Annika M. Lombardi
Annika M. Lombardi

Portfolio Manager

13 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

19 Years of Industry Experience

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

Partner & Portfolio Manager

22 Years of Industry Experience

Supported By 64 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 2.77%

Net 0.38%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -1.08% 4.64% - - - 4.81%
Lipper Category Avg. General Bond Funds -0.55% 5.64% - - - -
Bloomberg Barclays Global Aggregate Bond Index (USD Hedged) -2.00% 0.09% - - - 0.27%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 05/28/2020
w/o sales charge -1.59% - - - - 4.32%
Lipper Category Avg. General Bond Funds -1.97% - - - - -
Bloomberg Barclays Global Aggregate Bond Index (USD Hedged) -2.47% - - - - -0.22%

Fund Expense Ratio :

Gross 2.77%

Net 0.38%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. 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. Therefore, there can be no assurance for future results.

Year Fund Returns Bloomberg Barclays Global Aggregate Bond Index (USD Hedged)
2020 6.00% 5.58%
Year Q1 Q2 Q3 Q4 Yearly Returns
2021 -1.59% - - - -0.53%
2020 - - 2.35% 2.11% 6.00%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Convertibles
CMBS
Non-U.S. Investment Grade Corporate
U.S. Investment Grade Corporate
U.S. Government Related
ABS
Non-U.S. High Yield Corporate
U.S. High Yield Corporate
Sovereign
Bank Loans
Municipals
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 04/30/2021

Rating Assets
U.S. Treasury
AAA
AA
A
BBB
<BBB
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities are not rated. The credit quality distribution breakdown is not an S&P credit rating or an opinion of S&P as to the credit worthiness of the portfolio.

PORTFOLIO DETAILS as of 04/30/2021

Total Net Assets
$17.59 M
Number of Issues
202
Average Coupon
2.4%
Average Life
6.71 Years
Average Effective Duration
5.12 Years

To view definitions for the above Portfolio Details, Click here.

Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. 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. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
United States Treasury Note/Bond 0.750% 03/31/2026 2.3%
Canary Wharf Group Investment Holdings PLC 2.625% 04/23/2025 1.6%
Statnett SF 0.518% 06/30/2023 1.4%
Scatec ASA 1.955% 08/19/2025 1.4%
Korea Water Resources Corp 3.875% 05/15/2023 1.2%
Nederlandse Financierings-Maatschappij voor Ontwik 2.750% 02/20/2024 1.2%
Investment Energy Resources Ltd 6.250% 04/26/2029 1.2%
Aegea Finance Sarl 5.750% 10/10/2024 1.2%
BNG Bank NV 1.500% 10/16/2024 1.2%
Industrial & Commercial Bank of China Ltd/Luxembou 2.875% 10/12/2022 1.2%
% of Total Assets 13.9%
Holding Coupon Maturity Assets
United States Treasury Note/Bond0.750% 03/31/20262.3%
Canary Wharf Group Investment Holdings PLC2.625% 04/23/20251.6%
Statnett SF0.518% 06/30/20231.4%
Scatec ASA1.955% 08/19/20251.4%
Korea Water Resources Corp3.875% 05/15/20231.2%
Nederlandse Financierings-Maatschappij voor Ontwik2.750% 02/20/20241.2%
Investment Energy Resources Ltd6.250% 04/26/20291.2%
Aegea Finance Sarl5.750% 10/10/20241.2%
BNG Bank NV1.500% 10/16/20241.2%
Industrial & Commercial Bank of China Ltd/Luxembou2.875% 10/12/20221.2%
Kommuninvest I Sverige AB1.625% 04/24/20231.2%
Greenko Dutch BV3.850% 03/29/20261.2%
Standard Chartered plc1.214% 03/23/20251.1%
Development Bank of Japan Inc0.500% 03/04/20241.1%
SK Hynix Inc2.375% 01/19/20311.1%
Nederlandse Waterschapsbank NV1.000% 05/28/20301.1%
Autonomous Community of Madrid Spain0.419% 04/30/20301.0%
Asian Infrastructure Investment Bank/The0.500% 05/28/20250.9%
European Bank for Reconstruction & Development1.625% 09/27/20240.9%
Co-Operative Group Ltd5.125% 05/17/20240.9%
Asian Development Bank3.125% 09/26/20280.9%
Transport for London2.125% 04/24/20250.8%
ING Groep NV2.500% 11/15/20300.8%
Barclays plc1.700% 11/03/20260.8%
Landesbank Baden-Wuerttemberg1.500% 02/03/20250.8%
City of San Francisco CA Public Utilities Commissi6.000% 11/01/20400.8%
Severn Trent Utilities Finance PLC2.000% 06/02/20400.8%
Signify NV2.375% 05/11/20270.8%
AB Ignitis Grupe2.000% 07/14/20270.8%
United States Treasury Note/Bond1.125% 05/15/20400.8%
Orsted AS1.500% 11/26/20290.8%
Infineon Technologies AG3.625% 04/01/21990.8%
International Bank for Reconstruction & Developmen2.900% 11/26/20250.8%
AIB Group PLC2.875% 05/30/20310.7%
Infineon Technologies AG1.625% 06/24/20290.7%
Essity AB1.625% 03/30/20270.7%
ESB Finance DAC1.125% 06/11/20300.7%
Cassa Depositi e Prestiti SpA2.125% 09/27/20230.7%
FCC Servicios Medio Ambiente Holding SA1.661% 12/04/20260.7%
Canal de Isabel II Gestion SA1.680% 02/26/20250.7%
Orsted AS2.250% 11/24/30170.7%
Techem Verwaltungsgesellschaft 674 mbH6.000% 07/30/20260.7%
BNP Paribas SA1.125% 08/28/20240.7%
Intesa Sanpaolo SpA1.500% 04/10/20240.7%
Nordex SE6.500% 02/01/20230.7%
Novelis Sheet Ingot GmbH3.375% 04/15/20290.7%
CANPACK SA / Eastern PA Land Investment Holding LL2.375% 11/01/20270.7%
Societe Nationale SNCF SA0.625% 04/17/20300.7%
EnBW Energie Baden-Wuerttemberg AG1.625% 08/05/20790.7%
OI European Group BV2.875% 02/15/20250.7%
Paprec Holding SA4.000% 03/31/20250.7%
SNCF Reseau0.750% 05/25/20360.7%
Vestas Wind Systems A/S2.750% 03/11/20220.7%
Engie SA0.375% 06/21/20270.7%
Energia Group NI FinanceCo PLC/Energia Group ROI H4.000% 09/15/20250.7%
EDP - Energias de Portugal SA1.700% 07/20/20800.7%
Rexel SA2.125% 06/15/20280.7%
Iberdrola International BV1.450% 02/09/21990.7%
Swisscom Finance BV0.375% 11/14/20280.7%
WEPA Hygieneprodukte GmbH2.875% 12/15/20270.7%
Chanel Ceres PLC0.500% 07/31/20260.7%
Province of Ontario Canada1.850% 02/01/20270.7%
Ardagh Metal Packaging Finance USA LLC / Ardagh Me3.000% 09/01/20290.7%
Adif Alta Velocidad0.550% 04/30/20300.7%
Alstom SA0.250% 10/14/20260.7%
Ferrovie dello Stato Italiane SpA0.375% 03/25/20280.7%
Massachusetts Institute of Technology3.959% 07/01/20380.7%
LeasePlan Corp NV0.250% 02/23/20260.7%
Digital Dutch Finco BV1.000% 01/15/20320.7%
Bank of Ireland Group PLC0.375% 05/10/20270.7%
Ren Finance BV0.500% 04/16/20290.7%
E.ON SE0.350% 02/28/20300.7%
Action Logement Services0.500% 10/30/20340.7%
Hamburger Hochbahn AG0.125% 02/24/20310.7%
Switch Ltd3.750% 09/15/20280.7%
Advanced Drainage Systems Inc5.000% 09/30/20270.7%
Sweden Government International Bond0.125% 09/09/20300.7%
Sweden Government International Bond0.125% 09/09/20300.7%
Kreditanstalt fuer Wiederaufbau2.000% 10/04/20220.7%
French Republic Government Bond OAT0.500% 06/25/20440.7%
Tesla Inc5.300% 08/15/20250.6%
Kaiser Foundation Hospitals3.150% 05/01/20270.6%
Province of Quebec Canada1.850% 02/13/20270.6%
Equinix Inc1.550% 03/15/20280.6%
European Investment Bank2.125% 04/13/20260.6%
Kreditanstalt fuer Wiederaufbau0.875% 09/15/20260.6%
One Bryant Park Trust 2019-OBP2.516% 09/15/20540.6%
Pentair Finance Sarl4.500% 07/01/20290.6%
HAT Holdings I LLC / HAT Holdings II LLC3.750% 09/15/20300.6%
Italy Buoni Poliennali Del Tesoro1.500% 04/30/20450.5%
Pattern Energy Operations LP / Pattern Energy Oper4.500% 08/15/20280.5%
Analog Devices Inc2.950% 04/01/20250.5%
Essential Utilities Inc3.566% 05/01/20290.5%
Asian Development Bank2.450% 01/17/20240.5%
Topaz Solar Farms LLC5.750% 09/30/20390.5%
Bank of Nova Scotia/The2.375% 01/18/20230.5%
UDR Inc3.100% 11/01/20340.5%
Johnson Controls International plc / Tyco Fire & S1.750% 09/15/20300.5%
NXP BV / NXP Funding LLC / NXP USA Inc3.400% 05/01/20300.5%
European Investment Bank2.375% 05/24/20270.5%
Clearway Energy Operating LLC3.750% 02/15/20310.5%
TerraForm Power Operating LLC4.750% 01/15/20300.5%
Darling Ingredients Inc5.250% 04/15/20270.5%
Citigroup Inc1.678% 05/15/20240.4%
City of Dallas TX Waterworks & Sewer System Revenu2.772% 10/01/20400.4%
Array Technologies Inc3.750% 10/07/20270.4%
Bank of America Corp3.499% 05/17/20220.4%
NextEra Energy Operating Partners LP4.500% 09/15/20270.4%
New York City Water & Sewer System5.750% 06/15/20410.4%
Mueller Water Products Inc5.500% 06/15/20260.4%
Prudential Financial Inc1.500% 03/10/20260.4%
City of Los Angeles CA Wastewater System Revenue5.713% 06/01/20390.4%
Enviva Partners LP / Enviva Partners Finance Corp6.500% 01/15/20260.4%
Alerion Cleanpower SpA3.125% 12/19/20250.4%
Dispatch Acquisition Ho5.000% 03/17/20280.4%
PayPal Holdings Inc1.650% 06/01/20250.4%
Middle Fork Project Finance Authority5.000% 04/01/20360.4%
Alexandria Real Estate Equities, Inc.3.800% 04/15/20260.3%
City of Charleston SC Waterworks & Sewer System Re1.890% 01/01/20330.3%
Suzano Austria GmbH3.750% 01/15/20310.3%
Piedmont Operating Partnership LP3.150% 08/15/20300.3%
Metropolitan Transportation Authority5.175% 11/15/20490.3%
San Diego County Water Authority1.951% 05/01/20340.3%
Tucson Electric Power Co1.500% 08/01/20300.3%
Weyerhaeuser Co6.875% 12/15/20330.3%
Owens Corning3.950% 08/15/20290.3%
American Water Capital Corp2.800% 05/01/20300.3%
Pfizer Inc2.625% 04/01/20300.3%
Kilroy Realty LP4.750% 12/15/20280.3%
Verizon Communications Inc3.875% 02/08/20290.3%
City of Corpus Christi TX Utility System Revenue1.966% 07/15/20300.3%
Morgan Stanley Capital Barclays Bank Trust 2016-MA2.200% 09/13/20310.3%
Tesla Auto Lease Trust 2021-A1.020% 03/20/20250.3%
EWT Holdings III Corp2.615% 03/10/20280.3%
Northern States Power Co/MN2.600% 06/01/20510.3%
Asian Infrastructure Investment Bank/The0.200% 12/15/20250.2%
City of Philadelphia PA Water & Wastewater Revenue1.734% 11/01/20280.2%
Aptiv PLC4.350% 03/15/20290.2%
Generac Holdings, Inc.2.248% 12/13/20260.2%
BorgWarner Inc3.375% 03/15/20250.2%
Sysco Corp2.400% 02/15/20300.2%
PepsiCo Inc2.875% 10/15/20490.2%
AI Aqua Merger Sub Inc5.715% 12/13/20230.2%
Refficiency Holdings LLC4.750% 12/10/20270.2%
Seattle Children's Hospital2.719% 10/01/20500.2%
Liberty Utilities Finance GP 12.050% 09/15/20300.2%
Apple Inc3.000% 06/20/20270.2%
Xylem Inc/NY3.250% 11/01/20260.2%
Fiserv Inc3.200% 07/01/20260.2%
Global Payments Inc3.750% 06/01/20230.2%
Exgen Renewables IV, LLC3.750% 12/10/20270.2%
Starbucks Corp4.450% 08/15/20490.2%
Filtration Group Corp.4.435% 03/29/20250.2%
Xylem Inc/NY2.250% 01/30/20310.2%
FX USD/EUR 06/210.000% 06/04/20210.2%
RealReal Inc/The3.000% 06/15/20250.2%
Aptiv Corp4.150% 03/15/20240.2%
Visa Inc0.750% 08/15/20270.2%
Regional Transportation District Sales Tax Revenue2.337% 11/01/20360.1%
City & County Honolulu HI Wastewater System Revenu1.623% 07/01/20310.1%
Atlantica Sustainable Infrastructure Jersey Ltd4.000% 07/15/20250.1%
Dana Inc4.250% 09/01/20300.1%
Tesla Inc2.000% 05/15/20240.1%
Interstate Power and Light Co3.500% 09/30/20490.1%
Alexandria Real Estate Equities, Inc.2.000% 05/18/20320.1%
Itron Inc0.000% 03/15/20260.1%
International Bank for Reconstruction & Developmen0.250% 01/29/20290.1%
United States Treasury Note/Bond1.375% 08/15/20500.1%
Hannon Armstrong Sustainable Infrastructure Capita4.125% 09/01/20220.1%
MidAmerican Energy Co3.950% 08/01/20470.1%
Union Electric Co2.625% 03/15/20510.1%
NIO Inc0.500% 02/01/20270.1%
Core & Main LP6.125% 08/15/20250.1%
Core & Main Holdings LP8.625% 09/15/20240.1%
State of California Department of Water Resources1.789% 12/01/20350.1%
Refficiency Holdings LLC4.000% 12/11/20270.0%
FX USD/AUD 05/210.000% 05/28/20210.0%
FX USD/GBP 06/210.000% 06/08/20210.0%
FX USD/SEK 07/210.000% 07/21/20210.0%
FX EUR/USD 06/210.000% 06/04/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX EUR/USD 06/210.000% 06/04/20210.0%
FX EUR/USD 06/210.000% 06/04/20210.0%
EURO BUXL 30Y BND JUN210.000% 06/10/20210.0%
EURO-BOBL FUT JUN210.000% 06/10/20210.0%
EURO-BUND FUTURE JUN210.000% 06/10/20210.0%
US 2YR NOTE (CBT) JUN210.000% 07/06/20210.0%
US ULTRA BOND CBT JUN210.000% 06/30/20210.0%
US 10YR ULTRA FUT JUN210.000% 06/30/20210.0%
US 5YR NOTE (CBT) JUN210.000% 07/06/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/GBP 06/210.000% 06/08/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/GBP 06/210.000% 06/08/20210.0%
FX USD/AUD 05/210.000% 05/28/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/EUR 06/210.000% 06/04/20210.0%
FX USD/CAD 07/210.000% 07/20/20210.0%
FX USD/EUR 06/210.000% 06/04/2021-0.1%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Fees & Expenses

Fees & Expenses

Expense Ratioas of 05/31/2021

Fund Gross Expense Ratio Fund Net Expense Ratio
2.77% 0.38%

Expense ratio details, Click here.

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
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

*Barron’s Overall Fund Family of 2020,” #7 overall ranking among 53 qualifying fund families based on the net total return of the one-year period ending 12/31/2020. Five-year overall ranking is #4 out of 50 qualifying fund families; and 10-year overall ranking is #21 out of 44 qualifying fund families.

Source: Barron’s, “Barron’s Best Fund Families of 2020,” February 20, 2021. Barron’s rankings are based on asset weighted returns in funds in five categories: general equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2020, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2020 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well.

Barron's Fund Family Rankings are awarded annually.

To qualify for the ranking, firms must offer at least three active mutual funds or actively run ETFs in Lipper’s general U.S. stock category; one in world equity; and one mixed asset, such as a balanced or allocation fund. They also need to offer at least two taxable bond funds and one national tax-exempt bond fund. All funds must have a track record of at least one year. While the ranking excludes index funds, it does include actively managed ETFs and “smart beta” ETFs, which are run passively but built on active investment strategies.

© Refinitiv Lipper 2021. All Rights Reserved. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. Lipper provides global, independent fund performance data. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

New Fund Risk: The Fund is recently organized. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The value of your investment will change as interest rates fluctuate and in response to market movements. When interest rates fall, the prices of debt securities tend to rise, and when interest rates rise, the prices of debt securities are likely to decline. The Fund is subject to the risk that its climate-focused investment strategy may select or exclude securities of certain issuers for reasons other than investment performance considerations which may negatively affect its performance relative to unconstrained peers. Certain climate-focused investments may be dependent on government policies and subsidies, which are subject to change or elimination. 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. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. 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 Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. The fund performance history at this time is very limited; therefore, performance achieved during its initial period of investment operation may not be replicated over longer periods and may not be indicative of how the Fund will perform in the future. These factors can affect Fund performance.

Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

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