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 04/20/2021

$10.27

arrowUp$0.01

YTD Returns w/o sales charge as of 04/20/2021

-1.01%

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.

 

Fund Basicsas of 03/31/2021

Total Net Assets
$12.58 M
Inception Date
05/29/2020
Dividend Frequency
Monthly (Daily Accrual)
Fund Gross Expense Ratio
2.77%
Fund Net Expense Ratio
0.38%
Number of Holdings
179

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 -1.49% - - - - 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%

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 -1.49% - - - - 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 65 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 -1.49% - - - - 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%

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 -1.49% - - - - 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.

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

Credit Quality Distribution as of 03/31/2021

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 03/31/2021

Total Net Assets
$12.58 M
Number of Issues
179
Average Coupon
2.47%
Average Life
6.58 Years
Average Effective Duration
5 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 Life - Measures how long it will take, on average, to receive the repayment of the principal amount on a debt security.  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.

Holding Coupon Maturity Assets
Statnett SF 0.518% 06/30/2023 1.8%
Korea Water Resources Corp 3.875% 05/15/2023 1.7%
Nederlandse Financierings-Maatschappij voor Ontwik 2.750% 02/20/2024 1.7%
Aegea Finance Sarl 5.750% 10/10/2024 1.7%
Industrial & Commercial Bank of China Ltd/Luxembou 2.875% 10/12/2022 1.6%
Kommuninvest I Sverige AB 1.625% 04/24/2023 1.6%
Continuum Energy Levanter Pte Ltd 4.500% 02/09/2027 1.6%
Greenko Dutch BV 3.850% 03/29/2026 1.6%
Development Bank of Japan Inc 0.500% 03/04/2024 1.6%
Nederlandse Waterschapsbank NV 1.000% 05/28/2030 1.5%
% of Total Assets 16.4%
Holding Coupon Maturity Assets
Statnett SF0.518% 06/30/20231.9%
Korea Water Resources Corp3.875% 05/15/20231.7%
Nederlandse Financierings-Maatschappij voor Ontwik2.750% 02/20/20241.7%
Aegea Finance Sarl5.750% 10/10/20241.7%
Industrial & Commercial Bank of China Ltd/Luxembou2.875% 10/12/20221.6%
Kommuninvest I Sverige AB1.625% 04/24/20231.6%
Greenko Mauritius Ltd6.250% 02/21/20231.6%
Continuum Energy Levanter Pte Ltd4.500% 02/09/20271.6%
Development Bank of Japan Inc0.500% 03/04/20241.6%
Nederlandse Waterschapsbank NV1.000% 05/28/20301.5%
United States Treasury Note/Bond0.625% 08/15/20301.3%
Co-Operative Group Ltd5.125% 05/17/20241.2%
Transport for London2.125% 04/24/20251.2%
Landesbank Baden-Wuerttemberg1.500% 02/03/20251.1%
Severn Trent Utilities Finance PLC2.000% 06/02/20401.1%
City of San Francisco CA Public Utilities Commissi6.000% 11/01/20401.1%
Signify NV2.375% 05/11/20271.1%
AB Ignitis Grupe2.000% 07/14/20271.1%
Infineon Technologies AG3.625% 10/01/21691.1%
Essity AB1.625% 03/30/20271.0%
ERG SpA1.875% 04/11/20251.0%
European Bank for Reconstruction & Development1.625% 09/27/20241.0%
ESB Finance DAC1.125% 06/11/20301.0%
Cassa Depositi e Prestiti SpA2.125% 09/27/20231.0%
FCC Servicios Medio Ambiente Holding SA1.661% 12/04/20261.0%
AIB Group PLC2.875% 05/30/20311.0%
Canal de Isabel II Gestion SA1.680% 02/26/20251.0%
Unione di Banche Italiane SpA1.500% 04/10/20241.0%
Orsted AS2.250% 11/24/30171.0%
Vestas Wind Systems A/S2.750% 03/11/20221.0%
Techem Verwaltungsgesellschaft 674 mbH6.000% 07/30/20261.0%
BNP Paribas SA1.125% 08/28/20241.0%
SNCF Reseau0.750% 05/25/20361.0%
Societe Nationale SNCF SA0.625% 04/17/20301.0%
CANPACK SA / Eastern PA Land Investment Holding LL2.375% 11/01/20271.0%
Paprec Holding SA4.000% 03/31/20251.0%
Viridian Group FinanceCo PLC / Viridian Power & En4.000% 09/15/20251.0%
Nordex SE6.500% 02/01/20231.0%
EnBW Energie Baden-Wuerttemberg AG1.625% 08/05/20791.0%
Swisscom Finance BV0.375% 11/14/20281.0%
Massachusetts Institute of Technology3.959% 07/01/20381.0%
Adif Alta Velocidad0.550% 04/30/20301.0%
Engie SA0.375% 06/21/20271.0%
Chanel Ceres PLC0.500% 07/31/20261.0%
Alstom SA0.250% 10/14/20261.0%
Action Logement Services0.500% 10/30/20341.0%
EDP - Energias de Portugal SA1.700% 07/20/20801.0%
Iberdrola International BV1.450% 02/09/21991.0%
VZ Vendor Financing II BV2.875% 01/15/20290.9%
LeasePlan Corp NV0.250% 02/23/20260.9%
Hamburger Hochbahn AG0.125% 02/24/20310.9%
Digital Dutch Finco BV1.000% 01/15/20320.9%
Sweden Government International Bond0.125% 09/09/20300.9%
Asian Infrastructure Investment Bank/The0.500% 05/28/20250.9%
Kaiser Foundation Hospitals3.150% 05/01/20270.9%
Apple Inc3.000% 06/20/20270.9%
Kreditanstalt fuer Wiederaufbau0.875% 09/15/20260.8%
Asian Development Bank3.125% 09/26/20280.8%
Pentair Finance Sarl4.500% 07/01/20290.7%
Autonomous Community of Madrid Spain0.419% 04/30/20300.7%
Itron Inc5.000% 01/15/20260.7%
Tesla Inc5.300% 08/15/20250.7%
International Bank for Reconstruction & Developmen2.900% 11/26/20250.7%
Equinix Inc1.550% 03/15/20280.7%
NXP BV / NXP Funding LLC / NXP USA Inc3.400% 05/01/20300.7%
European Investment Bank2.375% 05/24/20270.6%
City of Dallas TX Waterworks & Sewer System Revenu2.772% 10/01/20400.6%
Kreditanstalt fuer Wiederaufbau2.000% 10/04/20220.6%
Bank of America Corp3.499% 05/17/20220.6%
Mueller Water Products Inc5.500% 06/15/20260.6%
New York City Water & Sewer System5.750% 06/15/20410.6%
Alerion Cleanpower SpA3.125% 12/19/20250.5%
Analog Devices Inc2.950% 04/01/20250.5%
PayPal Holdings Inc1.650% 06/01/20250.5%
Citigroup Inc1.678% 05/15/20240.5%
Suzano Austria GmbH3.750% 01/15/20310.5%
Middle Fork Project Finance Authority5.000% 04/01/20360.5%
Essential Utilities Inc3.566% 05/01/20290.5%
Province of Ontario Canada1.850% 02/01/20270.5%
City of Charleston SC Waterworks & Sewer System Re1.890% 01/01/20330.5%
E.ON SE0.350% 02/28/20300.5%
Switch Ltd3.750% 09/15/20280.5%
Johnson Controls International plc / Tyco Fire & S1.750% 09/15/20300.5%
San Diego County Water Authority1.951% 05/01/20340.5%
Metropolitan Transportation Authority5.175% 11/15/20490.5%
HAT Holdings I LLC / HAT Holdings II LLC3.750% 09/15/20300.4%
Weyerhaeuser Co6.875% 12/15/20330.4%
Owens Corning3.950% 08/15/20290.4%
Pattern Energy Operations LP / Pattern Energy Oper4.500% 08/15/20280.4%
Pfizer Inc2.625% 04/01/20300.4%
Advanced Drainage Systems Inc5.000% 09/30/20270.4%
American Water Capital Corp2.800% 05/01/20300.4%
Darling Ingredients Inc5.250% 04/15/20270.4%
European Investment Bank2.125% 04/13/20260.4%
UDR Inc3.100% 11/01/20340.4%
Clearway Energy Operating LLC5.750% 10/15/20250.4%
Kilroy Realty LP4.750% 12/15/20280.4%
Topaz Solar Farms LLC5.750% 09/30/20390.4%
City of Corpus Christi TX Utility System Revenue1.966% 07/15/20300.4%
Prudential Financial Inc1.500% 03/10/20260.4%
Verizon Communications Inc3.875% 02/08/20290.4%
Morgan Stanley Capital Barclays Bank Trust 2016-MA2.200% 09/13/20310.4%
EWT Holdings III Corp. (fka WTG Holdings III Corp.3.051% 12/20/20240.4%
City of Atlanta GA Water & Wastewater Revenue2.257% 11/01/20350.4%
NextEra Energy Operating Partners LP4.500% 09/15/20270.4%
Bank of Nova Scotia/The2.375% 01/18/20230.3%
Array Technologies Inc5.000% 10/07/20270.3%
Aptiv PLC4.350% 03/15/20290.3%
Asian Infrastructure Investment Bank/The0.200% 12/15/20250.3%
Asian Development Bank2.450% 01/17/20240.3%
Province of Quebec Canada1.850% 02/13/20270.3%
Generac Holdings, Inc.2.303% 12/13/20260.3%
City of Philadelphia PA Water & Wastewater Revenue1.734% 11/01/20280.3%
BorgWarner Inc3.375% 03/15/20250.3%
Enviva Partners LP / Enviva Partners Finance Corp6.500% 01/15/20260.3%
Sysco Corp2.400% 02/15/20300.3%
Piedmont Operating Partnership LP3.150% 08/15/20300.3%
Liberty Utilities Finance GP 12.050% 09/15/20300.3%
United States Treasury Note/Bond0.375% 11/30/20250.3%
Seattle Children's Hospital2.719% 10/01/20500.3%
AI Aqua Merger Sub Inc5.774% 12/13/20230.3%
Refficiency Holdings LLC4.750% 12/10/20270.3%
Xylem Inc/NY3.250% 11/01/20260.3%
Fiserv Inc3.200% 07/01/20260.3%
Exgen Renewables IV, LLC3.750% 12/10/20270.3%
Global Payments Inc3.750% 06/01/20230.3%
Visa Inc0.750% 08/15/20270.3%
Starbucks Corp4.450% 08/15/20490.2%
Filtration Group Corp.4.511% 03/29/20250.2%
Enphase Energy Inc0.000% 03/01/20280.2%
Tucson Electric Power Co1.500% 08/01/20300.2%
Aptiv Corp4.150% 03/15/20240.2%
Regional Transportation District Sales Tax Revenue2.337% 11/01/20360.2%
City & County Honolulu HI Wastewater System Revenu1.623% 07/01/20310.2%
Sunrun Inc0.000% 02/01/20260.2%
Northern States Power Co/MN2.600% 06/01/20510.2%
RealReal Inc/The3.000% 06/15/20250.2%
Alexandria Real Estate Equities, Inc.3.800% 04/15/20260.2%
Interstate Power and Light Co3.500% 09/30/20490.2%
FX USD/EUR 03/210.000% 03/04/20210.2%
Alexandria Real Estate Equities, Inc.2.000% 05/18/20320.2%
International Bank for Reconstruction & Developmen0.250% 01/29/20290.2%
Bundesrepublik Deutschland Bundesanleihe0.000% 08/15/20500.2%
Atlantica Sustainable Infrastructure Jersey Ltd4.000% 07/15/20250.1%
MidAmerican Energy Co3.950% 08/01/20470.1%
Xylem Inc/NY1.950% 01/30/20280.1%
Union Electric Co2.625% 03/15/20510.1%
SunPower Corp4.000% 01/15/20230.1%
Hannon Armstrong Sustainable Infrastructure Capita4.125% 09/01/20220.1%
Tesla Inc2.000% 05/15/20240.1%
Core & Main Holdings LP8.625% 09/15/20240.1%
Core & Main LP6.125% 08/15/20250.1%
State of California Department of Water Resources1.789% 12/01/20350.1%
Plug Power Inc3.750% 06/01/20250.1%
NIO Inc0.500% 02/01/20270.1%
Refficiency Holdings LLC2.000% 12/11/20270.1%
FX USD/SEK 04/210.000% 04/19/20210.0%
FX USD/AUD 05/210.000% 05/28/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/SEK 04/210.000% 04/19/20210.0%
FX USD/CAD 04/210.000% 04/20/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/CAD 04/210.000% 04/20/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
US 2YR NOTE (CBT) JUN210.000% 07/06/20210.0%
US ULTRA BOND CBT JUN210.000% 06/30/20210.0%
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 10YR ULTRA FUT JUN210.000% 06/30/20210.0%
US 5YR NOTE (CBT) JUN210.000% 07/06/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX USD/GBP 03/210.000% 03/08/2021-0.1%
FX USD/GBP 03/210.000% 03/08/2021-0.2%

Fees & Expenses

Fees & Expenses

Expense Ratioas of 03/31/2021

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

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.

 

IMPORTANT INFORMATION

 

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.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. 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. 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.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Returns shown at less than a year reflect aggregate total returns.

 

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Bloomberg Barclays Global Aggregate Index provided a broad-based measure of the global investment-grade fixed income markets. The three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. The Index also includes Eurodollar and Euro-Yen corporate bonds, Candadian government, agency and corporate securities, and USD investment grade 144A securities.

 

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.

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. 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.

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