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

A verification Email Has Been Sent

An email verification email has been sent to .
Follow the instructions to complete the email validation process.

I have not received my verification email

Check your SPAM mailbox and make sure that twelcome@lordabbett.com is allowed to send you mail.

I'm still having trouble

If you're still having trouble verifying your email address. feel free to contact us.

1-888-522-2388
clientservices@lordabbett.com


OK

We're sorry. We found no record of the email address you provided.

Register For a LordAbbett.com Account
Using Your Email Address.

  • Registered Financial Advisors gain access to:
  • Our data mining tool, Insight & Intelligence
  • Best in-class practice management content
  • Educational events, videos and podcasts.
  • The Lord Abbett Review - Subscribe now!

Registered but Having Problems?

If you believe you are registered and are having problems verifying your email address, feel free to contact us.

1-888-522-2388 clientservices@lordabbett.com

Terms & Condition

These Terms of Use ("Terms of Use") are made between the undersigned user ("you") and Lord, Abbett & Co. ("we" or "us"). They become effective on the date that you electronically execute these Terms of Use ("Effective Date").

A. You are a successful financial consultant that markets securities, including the Lord Abbett Family of Funds;

B. We have developed the Lord Abbett Intelligence System (the "Intelligence System"), a state of the art information resource that we make available to a limited community of broker/dealers through the Internet at a secure Web site (the "LAIS Site"); and

C. We wish to provide access to the Intelligence System to you as an information tool responsive to the demands of your successful business pursuant to these Terms of Use. Accordingly, you and we, intending to be legally bound, hereby agree as follows:]

1. Overview. · Scope. These Terms of Use (which we may amend from time to time) govern your use of the Intelligence System. · Revisions; Changes. We may amend these Terms of Use at any time by posting amended Terms of Use ("Amended Terms of Use") on the LAIS Site. Any Amended Terms of Use will become effective immediately upon posting. Your use of the Intelligence System after any Amended Terms of Use become effective will be deemed to constitute your acceptance of those Amended Terms of Use.We may modify or discontinue the Intelligence System at any time, temporarily or permanently, with or without notice to you. Purpose of the Intelligence System. The Intelligence System is intended to be an information resource that you may use to contribute to your business research. The Intelligence System is for broker/dealer use only; it is not to be used with the public in oral, written or electronic form. The information on the Intelligence System and LAIS Site is for your information only and is neither the tax, legal or investment advice of Lord Abbett or its third-party sources nor their recommendation to purchase or sell any security.

2. Your Privileges. · Personal Use. Your use of the Intelligence System is a nontransferable privilege granted by us to you and that we may deny, suspend or revoke at any time, with or without cause or notice. · Access to and Use of the Intelligence System. The User ID and password (together, an "Access ID") issued by us to you (as subsequently changed by you from time to time) is for your exclusive access to and use of the Intelligence System. You will: (a) be responsible for the security and use of your Access ID, (b) not disclose your Access ID to anyone and (c) not permit anyone to use your Access ID. Any access or use of the Intelligence System through the use of your Access ID will be deemed to be your actions, for which you will be responsible. · Required Technology. You must provide, at your own cost and expense, the equipment and services necessary to access and use the Intelligence System. At any time, we may change the supporting technology and services necessary to use the Intelligence System. · Availability. We make no guarantee that you will be able to access the Intelligence System at any given time or that your access will be uninterrupted, error-free or free from unauthorized security breaches.

3. Rights in Data. Our use of information collected from you will be in accordance with our Privacy Policy posted on the LAIS Site. Our compliance with our Privacy Policy will survive any termination of these Terms of Use or of your use of the Intelligence System.

4. Your Conduct in the Use of the Intelligence System. You may access, search, view and store a personal copy of the information contained on the LAIS Site for your use as a broker/dealer. Any other use by you of the Intelligence System and the information contained on the LAIS Site these Terms of Use is strictly prohibited. Without limiting the preceding sentence, you will not: · Engage in or permit any reproduction, copying, translation, modification, adaptation, creation of derivative works from, distribution, transmission, transfer, republication, compilation or decompilation, reverse engineering, display, removal or deletion of the Intelligence System, any portion thereof, or any data, content or information provided by us or any of our third-party sources in any form, media or technology now existing or hereafter developed, that is not specifically authorized under these Terms of Use.

· Remove, obscure or alter any notice, disclaimer or other disclosure affixed to or contained within the Intelligence System, including any copyright notice, trademark and other proprietary rights notices and any legal notices regarding the data, content or information provided through the Intelligence System.

· Create a hyperlink to, frame or use framing techniques to enclose any information found anywhere on the LAIS Site without our express prior written consent.

· Impersonate any person, or falsely state or otherwise misrepresent his or her affiliation with any person in connection with any use of the Intelligence System.

· Breach or attempt to breach the security of the Intelligence System or any network, servers, data, or computers or other hardware relating to or used in connection with the Intelligence System; nor (b) use or distribute through the Intelligence System software or other tools or devices designed to interfere with or compromise the privacy, security or use of the Intelligence System by others or the operations or assets of any person.

· Violate any applicable law, including, without limitation, any state federal securities laws. 5. Your Representations and Warranties. You hereby represent and warrant to us, for our benefit, as of the time of these Terms of Use and for so long as you continue to use the Intelligence System, that (a) you are, and will continue to be, in compliance with these Terms of Use and any applicable laws and (b) you are authorized to provide to us the information we collect, as described in our Privacy Policy.

6. Disclaimer of Warranties.

· General Disclaimers.

THE INTELLIGENCE SYSTEM, THE LAIS SITE AND ALL DATA, INFORMATION AND CONTENT ON THE LAIS SITE ARE PROVIDED "AS IS" AND “AS AVAILABLE” AND WITHOUT ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND. WITHOUT LIMITING THE PRECEDING SENTENCE, LORD ABBETT, ITS AFFILIATES, AGENTS, THIRD-PARTY SUPPLIERS AND LICENSORS, AND THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, DIRECTORS, OFFICERS AND SHAREHOLDERS (COLLECTIVELY, THE “LORD ABBETT GROUP”) EXPRESSLY DISCLAIM ALL WARRANTIES, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NONINFRINGEMENT. YOU EXPRESSLY AGREE THAT YOUR USE OF THE LAIS SITE, THE INTELLIGENCE SYSTEM, AND THE DATA, INFORMATION AND CONTENT PRESENTED THERE ARE AT YOUR SOLE RISK AND THAT THE LORD ABBETT GROUP WILL NOT BE RESPONSIBLE FOR ANY (A) ERRORS OR INACCURACIES IN THE DATA, CONTENT AND INFORMATION ON THE LAIS SITE AND THE INTELLIGENCE SYSTEM OR (B) ANY TERMINATION, SUSPENSION, INTERRUPTION OF SERVICES, OR DELAYS IN THE OPERATION OF THE LAIS SITE OR THE INTELLIGENCE SYSTEM.

· Disclaimer Regarding Investment Research.

THE INTELLIGENCE SYSTEM INCORPORATES DATA, CONTENT AND INFORMATION FROM VARIOUS SOURCES THAT WE BELIEVE TO BE ACCURATE AND RELIABLE. HOWEVER, THE LORD ABBETT GROUP MAKES NO CLAIMS, REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY, TIMELINESS, COMPLETENESS OR TRUTHFULNESS OF SUCH DATA, CONTENT AND INFORMATION. YOU EXPRESSLY AGREE THAT YOU ARE RESPONSIBLE FOR INDEPENDENTLY VERIFYING YOUR INVESTMENT RESEARCH PRIOR TO FORMING YOUR INVESTMENT DECISIONS OR RENDERING INVESTMENT ADVICE. THE LORD ABBETT GROUP WILL NOT BE LIABLE FOR ANY INVESTMENT DECISION MADE BY YOU OR ANY OTHER PERSON BASED UPON THE DATA, CONTENT AND INFORMATION PROVIDED THROUGH THE INTELLIGENCE SYSTEM OR ON THE LAIS SITE.

· Survival.

THIS SECTION 6 SHALL SURVIVE ANY TERMINATION OF THESE TERMS OF USE OR YOUR USE OF THE INTELLIGENCE SYSTEM..

7. Limitations on Liability.

NONE OF THE MEMBERS OF THE LORD ABBETT GROUP WILL BE LIABLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE, SPECIAL OR EXEMPLARY DAMAGES (INCLUDING LOSS OF PROFITS, LOSS OF USE, TRANSACTION LOSSES, OPPORTUNITY COSTS, LOSS OF DATA, OR INTERRUPTION OF BUSINESS) RESULTING FROM, ARISING OUT OF OR IN ANY WAY RELATING TO THE INTELLIGENCE SYSTEM, THE LAIS SITE OR YOUR USE THEREOF, EVEN IF THE LORD ABBETT GROUP HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS SECTION 7 WILL SURVIVE ANY TERMINATION OF THESE TERMS OF USE OR YOUR USE OF THE INTELLIGENCE SYSTEM.

8. Miscellaneous Provisions.

· Governing Law. This Agreement will governed by and construed in accordance with the laws of the State of New York, without giving effect to applicable conflicts of law principles.

THE UNIFORM COMPUTER INFORMATION TRANSACTIONS ACT OR ANY VERSION THEREOF, ADOPTED BY ANY STATE, IN ANY FORM ("UCITA") WILL NOT APPLY TO THESE TERMS OF USE. TO THE EXTENT THAT UCITA IS APPLICABLE, THE PARTIES HEREBY AGREE TO OPT OUT OF THE APPLICABILITY OF UCITA PURSUANT TO THE OPT-OUT PROVISION(S) CONTAINED THEREIN.

The Intelligence System is not intended to be used by consumers, nor are the consumer protection laws of any jurisdiction intended to apply to the Intelligence System. You agree to initiate and maintain any action, suit or proceeding relating to these Terms of Use or arising out of the use of the Intelligence System exclusively in the courts, state and federal, located in or having jurisdiction over New York County, New York.

YOU HEREBY CONSENT TO THE PERSONAL JURISDICTION AND VENUE OF THE COURTS, STATE AND FEDERAL, LOCATED IN OR HAVING JURISDICTION OVER NEW YORK COUNTY, NEW YORK. YOU AGREE THAT YOU WILL NOT OBJECT TO A PROCEEDING BROUGHT IN YOUR LOCAL JURISDICTION TO ENFORCE AN ORDER OR JUDGMENT OBTAINED IN NEW YORK.

· Relationship of Parties. The parties to these Terms of Use are independent contractors and nothing in these Terms of Use will be construed as creating an employment relationship, joint venture, partnership, agency or fiduciary relationship between the parties.

· Notice. All notices provided under these Terms of Use will be in writing and will be deemed effective: (a) when delivered personally, (b) when received by electronic delivery, (c) one business day after deposit with a commercial overnight carrier specifying next day delivery, with written verification of receipt, or (d) three business days after having been sent by registered or certified mail, return receipt requested. We will only accept notices from you in English and by conventional mail addressed to: General Counsel Lord, Abbett & Co. 90 Hudson Street Jersey City, N.J. 07302-3973 We may give you notice by conventional mail or electronic mail addressed to the last mail or electronic mail address transmitted by you to us.

· Third-Party Beneficiaries. The members of the Lord Abbett Group are third-party beneficiaries of the rights and benefits provided to us under these Terms of Use. You understand and agree that any right or benefit available to us or any member of the Lord Abbett Group hereunder will also be deemed to accrue to the benefit of, and may be exercised directly by, any member of the Lord Abbett Group to the extent applicable.

· Survival. This Section 8 will survive any termination of these Terms of Use or your use of the Intelligence System. The undersigned hereby signs these Terms of Use. By electronically signing and clicking "Accept" below, these Terms of Use will be legally binding on me. To sign these Terms of Use, confirm your full name and enter your User ID and Password (as your electronic signature) in the fields indicated below and click the “I Accept” button.

Cancel Accept

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

 

Short Duration Core Bond Fund

Daily price w/o sales charge as of 01/16/2019

$9.74

$0.00

YTD Returns w/o sales charge as of 01/16/2019

0.09%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the Short Duration Core Bond Fund ?

The Fund seeks to deliver current income consistent with the preservation of capital by investing in a wide variety of short duration investment grade debt securities including corporate debt securities, U.S. government and government-related securities, and mortgage-backed and other asset-backed securities.

EXPERIENCED, TENURED TEAM

Constructed through the collaboration among 50+ investment professionals with extensive experience managing, researching, and trading short-term debt securities. 

HIGH QUALITY, LOW DURATION

Seeks to generate attractive income by investing in a broad range of high-quality, short duration bonds, limiting credit risk and interest rate risk.

LOW EXPENSES

Offers lower expenses relative to its Lipper and Morningstar peer group category average.

Yield

Dividend Yield as of 01/16/2019  

  Subsidized Un-Subsidized
w/o sales charge 2.65% 0.93%

30-Day Standardized Yield as of 12/31/2018  

  Subsidized Un-Subsidized
w/o sales charge 2.03% 0.00%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Basicsas of 12/31/2018

Total Net Assets
$14.22 M
Inception Date
04/20/2017
Dividend Frequency
Monthly
Fund Gross Expense Ratio
3.12%
Fund Net Expense Ratio
1.40%
Number of Holdings
306
CUSIP
54401X208
Minimum Initial Investment
$1,500+
Type Assets
Investment Grade Corporate
ABS
CMBS
U.S. Government Related
MBS
High Yield Corporate
Bank Loans
Other
Cash

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

Maturity Assets
Less than 1 year
1-2.99 years
3-4.99 years
5-6.99 years

CREDIT QUALITY DISTRIBUTION as of 12/31/2018 View Portfolio

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
<BBB

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. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. 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 may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

25 Years of Industry Experience

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

Partner & Portfolio Manager

21 Years of Industry Experience

Supported By 65 Investment Professionals with 15 Years Avg. Industry Experience

Your Representative

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

Performance

Performance

Dividend Yield 1 as of 01/16/2019  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.65% 0.93%

30-Day Standardized Yield 2 as of 12/31/2018  

  Subsidized Un-Subsidized
w/o sales charge 2.03% 0.00%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 3.12%

Net 1.40%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/19/2017
w/o sales charge 0.73% 0.73% - - - 0.54%
Lipper Category Avg. Short Investment Grade Debt Funds 1.03% 1.03% - - - -
Bloomberg Barclays 1-3 Year US Government/Credit Bond Index 1.60% 1.60% - - - 1.04%

Fund Expense Ratio :

Gross 3.12%

Net 1.40%

Fund Expense Ratio :

Gross 3.12%

Net 1.40%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/19/2017
w/o sales charge 0.73% 0.73% - - - 0.54%
Lipper Category Avg. Short Investment Grade Debt Funds 1.03% 1.03% - - - -
Bloomberg Barclays 1-3 Year US Government/Credit Bond Index 1.60% 1.60% - - - 1.04%

Fund Expense Ratio :

Gross 3.12%

Net 1.40%

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 of future results.

Year Fund Returns Bloomberg Barclays 1-3 Year US Government/Credit Bond Index
2018 0.73% 1.60%
2017 0.18% 0.84%
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 - - - - 0.09%
2018 -0.31% 0.17% 0.33% 0.54% 0.73%
2017 - - 0.21% -0.14% 0.18%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Investment Grade Corporate
ABS
CMBS
U.S. Government Related
MBS
High Yield Corporate
Bank Loans
Other
Cash

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

Maturity Assets
Less than 1 year
1-2.99 years
3-4.99 years
5-6.99 years

CREDIT QUALITY DISTRIBUTION as of 12/31/2018

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
<BBB

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. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. 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 may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 12/31/2018

  • We continue to hold the view that U.S. domestic growth will separate from global weakness. Despite the recent market volatility and the downturn of some soft economic indicators, we are cautiously optimistic in the U.S. economy due to the strength in the labor market. We remain focused on domestic opportunities given the potential for increased volatility and event risk abroad.  For example, we believe domestically-focused areas of the market, such as commercial mortgage-backed securities and asset-backed securities that are backed by credit card receivables and auto loans, offer relative value and strong carry opportunities.
  • We increased the portfolio’s allocation to investment grade corporate bonds as spreads widened during the quarter. We remain constructive on the fundamental and technical factors of this market segment and believe that the volatility experienced in the fourth quarter resulted in idiosyncratic opportunities to capture relative value, particularly within “BBB” rated debt.
  • We also increased the portfolio’s allocation to U.S. government related securities and mortgage-backed securities (MBS). Within MBS, we traded a range with respect to spread to Treasuries.
  • We decreased the portfolio’s allocation to asset-backed securities. While we continue to closely monitor this sector, as we believe it provides liquidity as well as presents unique opportunities to find pockets of relative value and attractive risk adjusted spread, we reduced the portfolio’s allocation in order to take advantage of attractive spreads within lower-rated, investment grade corporate bonds.

Portfolio Details as of 12/31/2018

Total Net Assets
$14.22 M
Number of Issues
306
Average Coupon
3.91%
Average Life
2.10 Years
Average Effective Duration
1.70 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 Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Modified Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates. Duration is expressed as a number of years, and generally, the larger a portfolio’s duration, the greater the interest-rate risk or reward for underlying bond prices. Where applicable, securities, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs and ADRs and futures, are excluded from these calculations.

Holding Coupon Maturity Assets
U.S. Treasury Note 0.625% 04/15/2023 5.5%
ALM VII Ltd 3.916% 10/15/2028 1.8%
TCI-Flatiron CLO 2016-1 Ltd 3.999% 07/17/2028 1.8%
U.S. Treasury Note/Bond 2.875% 10/31/2020 1.4%
Westgate Resorts LLC 2.150% 12/20/2026 1.1%
Massachusetts Educational Financing Authority 3.440% 04/25/2038 1.0%
Santander UK Group Holdings plc 3.125% 01/08/2021 0.9%
Credit Suisse Group AG 5.400% 01/14/2020 0.8%
Drive Auto Receivables Trust 2017-1 3.840% 03/15/2023 0.8%
Jefferies Group LLC 8.500% 07/15/2019 0.8%
% of Total Assets 15.9%
Holding Coupon Maturity Assets
U.S. Treasury Note/Bond2.875% 10/31/20209.8%
U.S. Treasury Note0.625% 04/15/20234.0%
ALM VII Ltd3.916% 10/15/20282.0%
TCI-Flatiron CLO 2016-1 Ltd3.999% 07/17/20282.0%
Toronto-Dominion Bank3.350% 10/22/20211.6%
U.S. Treasury Note/Bond2.875% 11/30/20231.4%
Westgate Resorts LLC2.150% 12/20/20261.3%
Massachusetts Educational Financing Authority3.440% 04/25/20381.1%
Drive Auto Receivables Trust 2017-13.840% 03/15/20230.9%
Ford Motor Credit Co. LLC8.125% 01/15/20200.9%
Jefferies Group LLC8.500% 07/15/20190.9%
Lloyds Bank plc6.500% 09/14/20200.8%
Sabine Pass Liquefaction LLC5.625% 02/01/20210.8%
Morgan Stanley Capital I Trust4.661% 06/15/20440.8%
NBCUniversal Enterprise, Inc.5.250% 06/19/20990.8%
Citibank Credit Card Issuance Trust3.210% 12/07/20240.8%
OneMain Financial Issuance Trust 2016-1A3.660% 02/20/20290.8%
Westlake Automobile Receivables Trust 2018-33.320% 10/16/20230.8%
SCF Equipment Leasing 2018-1 LLC3.630% 10/20/20240.8%
Foursight Capital Automobile Receivables Trust 2013.240% 09/15/20220.8%
Foursight Capital Automobile Receivables Trust 2013.530% 04/17/20230.8%
DLL 2018-1 LLC3.100% 04/18/20220.8%
CPS Auto Receivables Trust 2017-C3.790% 06/15/20230.8%
Foursight Capital Automobile Receivables Trust 2013.680% 08/15/20230.8%
Santander UK Group Holdings plc3.125% 01/08/20210.8%
PFS Financing Corp.2.890% 02/15/20230.8%
Hudsons Bay Simon JV Trust3.914% 08/05/20340.8%
Bank of The West Auto Trust 2017-12.110% 01/15/20230.8%
BB-UBS Trust3.430% 11/05/20360.8%
Yara International ASA7.875% 06/11/20190.8%
Caesars Palace Las Vegas Trust 2017-VICI3.531% 10/15/20340.8%
Barclays Bank plc10.179% 06/12/20210.8%
Westlake Automobile Receivables Trust 2018-32.980% 01/18/20220.8%
Morgan Stanley Capital Barclays Bank Trust 2016-MA2.200% 09/13/20310.7%
Access Point Funding I 2017-1 LLC3.060% 04/15/20290.7%
Diamond Resorts Owner Trust 2018-14.190% 01/21/20310.7%
Towd Point Asset Trust 2018-SL12.906% 01/25/20460.7%
Macquarie Group Ltd.7.625% 08/13/20190.7%
AmeriCredit Automobile Receivables Trust 2017-32.240% 06/19/20230.7%
Dell International LLC / EMC Corp.5.450% 06/15/20230.6%
CFCRE Commercial Mortgage Trust 2018-TAN4.236% 02/15/20330.6%
General Electric Co.5.500% 01/08/20200.6%
Entergy Corp.5.125% 09/15/20200.6%
Caesars Palace Las Vegas Trust 2017-VICI3.835% 10/15/20340.6%
Continental Resources, Inc.5.000% 09/15/20220.6%
SMB Private Education Loan Trust 2018-B2.627% 12/16/20240.6%
COMM 2014-LC15 Mortgage Trust4.006% 04/10/20470.6%
FREMF Mortgage Trust3.876% 04/25/20450.6%
SCF Equipment Leasing 2018-1 LLC2.810% 04/20/20210.6%
Chesapeake Funding II LLC1.910% 08/15/20290.6%
Cox Communications, Inc.2.950% 06/30/20230.6%
Glencore Finance Canada Ltd.4.950% 11/15/20210.6%
Chesapeake Funding II LLC1.990% 05/15/20290.6%
Discover Financial Services5.200% 04/27/20220.6%
International Lease Finance Corp.8.250% 12/15/20200.5%
Credit Suisse Group AG5.400% 01/14/20200.5%
Engs Commercial Finance Trust 2018-12.970% 02/22/20210.5%
Santander Drive Auto Receivables Trust 2016-14.020% 04/15/20220.5%
Royal Bank of Canada3.350% 10/22/20210.5%
SCF Equipment Leasing 2017-2 LLC3.410% 12/20/20230.5%
VEREIT Operating Partnership L.P.3.000% 02/06/20190.5%
Conn's Receivables Funding 2018-A LLC3.250% 01/15/20230.5%
Life Technologies Corp.6.000% 03/01/20200.5%
ACC Trust 2018-13.700% 12/21/20200.5%
Macquarie Group Ltd.6.000% 01/14/20200.5%
Chesapeake Funding II LLC2.110% 03/15/20280.4%
Tesoro Logistics L.P.6.250% 10/15/20220.4%
PerkinElmer, Inc.5.000% 11/15/20210.4%
Energy Transfer Partners LP / Regency Energy Finan5.875% 03/01/20220.4%
ONEOK Partners L.P.8.625% 03/01/20190.4%
Enbridge Energy Partners L.P.9.875% 03/01/20190.4%
Motiva Enterprises LLC5.750% 01/15/20200.4%
Drive Auto Receivables Trust5.150% 08/15/20220.4%
General Electric Co.5.300% 02/11/20210.4%
Caesars Palace Las Vegas Trust 2017-VICI4.138% 10/15/20340.4%
California Republic Auto Receivables Trust2.700% 09/15/20210.4%
Ford Credit Auto Owner Trust2.190% 07/15/20220.4%
Healthcare Trust of America Holdings LP3.700% 04/15/20230.4%
UBS-Barclays Commercial Mortgage Trust2.850% 12/10/20450.4%
Goldman Sachs Group, Inc.2.908% 06/05/20230.4%
Bank of America Corp.3.004% 12/20/20230.4%
MSCG Trust2.612% 06/07/20350.4%
Kinder Morgan Energy Partners L.P.6.850% 02/15/20200.4%
World Financial Network Credit Card Master Trust2.660% 08/15/20240.4%
Shelter Growth CRE 2018-FL1 Issuer Ltd3.307% 01/15/20350.4%
World Financial Network Credit Card Master Trust2.030% 04/15/20250.4%
Pennsylvania Electric Co.5.200% 04/01/20200.4%
General Motors Financial Co., Inc.3.150% 06/30/20220.4%
General Motors Financial Co., Inc.3.200% 07/06/20210.4%
BX Commercial Mortgage Trust 2018-BIOA2.978% 03/15/20370.4%
Willis North America, Inc.7.000% 09/29/20190.4%
Kilroy Realty L.P.6.625% 06/01/20200.3%
Macquarie Bank Ltd.6.625% 04/07/20210.3%
World Financial Network Credit Card Master Trust3.340% 04/17/20230.3%
Morgan Stanley Bank of America Merrill Lynch Trust4.064% 02/15/20470.3%
General Motors Financial Co., Inc.4.200% 03/01/20210.3%
Glencore Funding LLC3.699% 01/15/20190.3%
WFRBS Commercial Mortgage Trust4.869% 02/15/20440.3%
J.P. Morgan Chase Commercial Mortgage Securities T2.798% 10/05/20310.3%
Duqesne Light Holdings, Inc.6.400% 09/15/20200.3%
California Republic Auto Receivables Trust 2017-12.910% 12/15/20220.3%
J.P. Morgan Chase Commercial Mortgage Securities T3.565% 07/15/20340.3%
Santander Drive Auto Receivables Trust 2018-43.560% 07/15/20240.3%
Flagship Credit Auto Trust 2018-33.590% 12/16/20240.3%
Drive Auto Receivables Trust2.610% 08/16/20210.3%
General Electric Co.3.236% 04/15/20200.3%
J.P. Morgan Chase Commercial Mortgage Securities T4.447% 10/15/20320.3%
COMM Mortgage Trust3.334% 06/10/20460.3%
Exeter Automobile Receivables Trust 2017-32.810% 09/15/20220.3%
Jefferies Group LLC6.875% 04/15/20210.3%
MPLX L.P.5.500% 02/15/20230.3%
International Lease Finance Corp.5.875% 08/15/20220.3%
HSBC USA, Inc.9.300% 06/01/20210.3%
Drive Auto Receivables Trust4.530% 08/15/20230.3%
Broadcom Corp. / Broadcom Cayman Finance Ltd.2.650% 01/15/20230.3%
ITC Holdings Corp.5.500% 01/15/20200.3%
International Lease Finance Corp.5.875% 04/01/20190.2%
Great Wolf Trust 2017-WOLF4.557% 09/15/20340.2%
Puget Energy, Inc.5.625% 07/15/20220.2%
BX Trust 2017-SLCT3.707% 07/15/20340.2%
SCANA Corp.4.750% 05/15/20210.2%
Life Technologies Corp.5.000% 01/15/20210.2%
JP Morgan Chase Commercial Mortgage Securities Cor4.128% 07/05/20310.2%
World Financial Network Credit Card Master Trust2.310% 08/15/20240.2%
JP Morgan Chase Commercial Mortgage Securities Tru3.307% 06/15/20320.2%
Hilton Orlando Trust 2018-ORL3.077% 12/15/20340.2%
PPL WEM Ltd./Western Power Distribution Ltd.5.375% 05/01/20210.2%
World Financial Network Credit Card Master Trust2.150% 04/17/20230.2%
HMH Trust 2017-NSS3.787% 07/05/20310.2%
U.S. Treasury Note/Bond2.875% 09/30/20230.2%
Glencore Funding LLC3.125% 04/29/20190.2%
Diamond Resorts Owner Trust3.080% 11/20/20280.2%
Northern Natural Gas4.250% 06/01/20210.2%
Buckeye Partners L.P.5.500% 08/15/20190.2%
Liberty Property L.P.4.750% 10/01/20200.2%
Florida Gas Transmission Co., LLC7.900% 05/15/20190.2%
WFRBS Commercial Mortgage Trust4.911% 06/15/20450.2%
Enbridge Energy Partners L.P.4.200% 09/15/20210.2%
Goldcorp, Inc.3.625% 06/09/20210.2%
Morgan Stanley Capital I Trust3.773% 03/15/20450.2%
UBS-Barclays Commercial Mortgage Trust3.525% 05/10/20630.2%
Hyundai Capital America3.450% 03/12/20210.2%
UBS-Barclays Commercial Mortgage Trust3.244% 04/10/20460.2%
WFRBS Commercial Mortgage Trust 2013-C183.896% 12/15/20460.2%
WFRBS Commercial Mortgage Trust 2012-C92.870% 11/15/20450.2%
BX Trust 2018-GW3.107% 05/15/20350.2%
J.P. Morgan Chase Commercial Mortgage Securities T4.143% 10/05/20310.2%
J.P. Morgan Chase Commercial Mortgage Securities T3.554% 10/05/20310.2%
ReadyCap Commercial Mortgage Trust 2018-43.390% 02/27/20510.2%
TCF Auto Receivables Owner Trust 2016-PT12.920% 10/17/20220.2%
Motel 6 Trust 2017-MTL64.457% 08/15/20340.2%
Spectra Energy Partners L.P.4.600% 06/15/20210.2%
Anadarko Petroleum Corp.8.700% 03/15/20190.2%
CarMax Auto Owner Trust1.400% 08/15/20210.2%
Woodside Finance Ltd.4.600% 05/10/20210.2%
Dominion Resources, Inc.2.962% 07/01/20190.2%
J.P. Morgan Chase Commercial Mortgage Securities T4.265% 07/15/20340.2%
BBCMS 2017-GLKS Mortgage Trust3.707% 11/15/20340.2%
BBCMS 2017-GLKS Mortgage Trust3.507% 11/15/20340.2%
FREMF Mortgage Trust3.263% 04/25/20460.2%
UBS-Barclays Commercial Mortgage Trust3.185% 03/10/20460.2%
J.P. Morgan Chase Commercial Mortgage Securities T4.248% 07/05/20330.2%
Stonemont Portfolio Trust 2017-STONE4.351% 08/20/20300.2%
Compass Bank5.500% 04/01/20200.2%
Government National Mortgage Association2.700% 08/16/20580.2%
Puget Energy, Inc.6.000% 09/01/20210.2%
Drive Auto Receivables Trust3.010% 11/15/20210.2%
Florida Gas Transmission Co., LLC5.450% 07/15/20200.2%
Drive Auto Receivables Trust3.720% 09/16/20240.1%
Dollar Tree, Inc.3.036% 04/17/20200.1%
U.S. Treasury Note/Bond2.875% 11/15/20210.1%
NV Energy, Inc.6.250% 11/15/20200.1%
Canadian Pacific Railway Co.9.450% 08/01/20210.1%
MSCG Trust3.460% 11/15/20340.1%
EnCana Corp.6.500% 05/15/20190.1%
San Diego Gas & Electric Co1.914% 02/01/20220.1%
FREMF Mortgage Trust3.473% 05/25/20450.1%
Ausgrid Finance Pty Ltd3.850% 05/01/20230.1%
World Financial Network Credit Card Master Trust1.980% 06/15/20230.1%
Government National Mortgage Association3.000% 01/16/20480.1%
Liberty Mutual Group, Inc.5.000% 06/01/20210.1%
Caesars Palace Las Vegas Trust 2017-VICI0.538% 10/15/20340.1%
Senior Housing Properties Trust3.250% 05/01/20190.1%
West Town Mall Trust 2017-KNOX4.491% 07/05/20300.1%
Teva Pharmaceutical Finance Netherlands III BV1.700% 07/19/20190.1%
Continental Resources, Inc.4.500% 04/15/20230.1%
West Town Mall Trust 2017-KNOX4.491% 07/05/20300.1%
CNH Equipment Trust1.650% 09/15/20210.1%
JP Morgan Chase Commercial Mortgage Securities Tru4.407% 06/15/20320.1%
Government National Mortgage Association2.750% 02/16/20580.1%
Government National Mortgage Association2.700% 04/16/20570.1%
American Credit Acceptance Receivables Trust 2015-4.840% 10/12/20210.1%
BX Trust 2017-APPL4.357% 07/15/20340.1%
LSTAR Commercial Mortgage Trust2.729% 04/20/20480.1%
QUALCOMM, Inc.2.872% 05/20/20200.1%
Discover Financial Services10.250% 07/15/20190.1%
BX Trust 2017-SLCT4.357% 07/15/20340.1%
J.P. Morgan Chase Commercial Mortgage SecuritiesTr3.327% 11/15/20350.1%
J.P. Morgan Chase Commercial Mortgage SecuritiesTr4.307% 11/15/20350.1%
J.P. Morgan Chase Commercial Mortgage SecuritiesTr4.007% 11/15/20350.1%
J.P. Morgan Chase Commercial Mortgage SecuritiesTr3.657% 11/15/20350.1%
American Credit Acceptance Receivables Trust 2018-2.720% 03/10/20210.1%
Dr. Pepper Snapple Group, Inc.4.057% 05/25/20230.1%
CarMax Auto Owner Trust 2017-32.220% 11/15/20220.1%
Goldman Sachs Group, Inc.2.876% 10/31/20220.1%
Texas Eastern Transmission L.P.4.125% 12/01/20200.1%
JPMBB Commercial Mortgage Securities Trust 2013-C14.133% 08/15/20460.1%
WFRBS Commercial Mortgage Trust 2014-C194.101% 03/15/20470.1%
Vulcan Materials Co.2.971% 03/01/20210.1%
DowDuPont Inc3.766% 11/15/20200.1%
Hewlett-Packard Co.3.279% 01/14/20190.1%
Vulcan Materials Co.2.941% 06/15/20200.1%
JP Morgan Chase Commercial Mortgage Securities Tru3.907% 06/15/20320.1%
JP Morgan Chase Commercial Mortgage Securities Tru3.607% 06/15/20320.1%
Caesars Palace Las Vegas Trust 2017-VICI4.499% 10/15/20340.1%
J.P. Morgan Chase Commercial Mortgage Securities T3.264% 07/05/20330.1%
Bancorp Commercial Mortgage 2018-CRE3 Trust/The3.157% 01/15/20330.1%
SLIDE 2018-FUN3.530% 06/15/20310.1%
SLIDE 2018-FUN3.830% 06/15/20310.1%
SLIDE 2018-FUN3.180% 06/15/20310.1%
Chase Issuance Trust2.770% 03/15/20230.1%
First Investors Auto Owner Trust2.410% 12/15/20220.1%
First Investors Auto Owner Trust2.720% 04/17/20230.1%
Wells Fargo Commercial Mortgage Trust 2015-C262.991% 02/15/20480.1%
Citigroup Commercial Mortgage Trust2.944% 02/10/20480.1%
Flagship Credit Auto Trust 2017-32.590% 07/15/20220.1%
Newell Rubbermaid, Inc.3.850% 04/01/20230.1%
WFRBS Commercial Mortgage Trust 2012-C102.875% 12/15/20450.1%
Motel 6 Trust 2017-MTL63.707% 08/15/20340.1%
Nexen, Inc.6.200% 07/30/20190.1%
Southern Copper Corp.5.375% 04/16/20200.1%
UBS-Citigroup Commercial Mortgage Trust3.595% 01/10/20450.1%
Vodafone Group plc3.750% 01/16/20240.1%
Lazard Group LLC4.250% 11/14/20200.1%
Martin Marietta Materials, Inc.2.960% 05/22/20200.1%
Santander Drive Auto Receivables Trust 2017-22.790% 08/15/20220.1%
Associated Bank NA/Green Bay WI3.500% 08/13/20210.1%
Drive Auto Receivables Trust3.340% 09/15/20220.1%
Vodafone Group plc3.329% 01/16/20240.1%
Bank of America Corp.2.328% 10/01/20210.1%
Holcim US Finance Sarl & Cie SCS6.000% 12/30/20190.1%
Illinois, IL4.950% 06/01/20230.1%
Santander Drive Auto Receivables Trust 2017-22.210% 10/15/20210.0%
Roper Industries, Inc.3.650% 09/15/20230.0%
Dr. Pepper Snapple Group, Inc.3.200% 11/15/20210.0%
Flagship Credit Auto Trust 2017-42.070% 04/15/20220.0%
Government National Mortgage Association2.750% 02/16/20580.0%
Government National Mortgage Association2.750% 02/16/20580.0%
Aircastle Ltd.5.500% 02/15/20220.0%
W.R. Berkley Corp.5.375% 09/15/20200.0%
Jersey Central Power & Light Co.4.700% 04/01/20240.0%
Johnson Controls International plc5.000% 03/30/20200.0%
Liberty Mutual Group, Inc.4.950% 05/01/20220.0%
Trimble Navigation Ltd.4.150% 06/15/20230.0%
Sunoco Logistics Partners L.P.4.400% 04/01/20210.0%
Sempra Energy2.839% 01/15/20210.0%
E*TRADE Financial Corp.2.950% 08/24/20220.0%
Government National Mortgage Association2.600% 07/16/20580.0%
First Investors Auto Owner Trust2.000% 03/15/20220.0%
Celanese US Holdings LLC5.875% 06/15/20210.0%
Pioneer Natural Resources Co.7.500% 01/15/20200.0%
Aircastle Ltd.7.625% 04/15/20200.0%
SCANA Corp.6.250% 04/01/20200.0%
Columbia Pipeline Group, Inc.3.300% 06/01/20200.0%
PNM Resources, Inc.3.250% 03/09/20210.0%
Bank of America Corp.2.369% 07/21/20210.0%
Bayer US Finance II LLC2.750% 07/15/20210.0%
RPI Finance Trust3.869% 05/04/20220.0%
Santander Drive Auto Receivables Trust2.570% 04/15/20210.0%
Express Scripts Holding Co.4.750% 11/15/20210.0%
CNH Capital LLC4.375% 04/05/20220.0%
Equifax, Inc.3.600% 08/15/20210.0%
Glencore Funding LLC4.125% 05/30/20230.0%
AmeriCredit Automobile Receivables Trust 2017-31.690% 12/18/20200.0%
Willis Group Holdings5.750% 03/15/20210.0%
Aircastle Ltd.5.125% 03/15/20210.0%
CNH Capital LLC4.875% 04/01/20210.0%
Aircastle Ltd.5.000% 04/01/20230.0%
Glencore Funding LLC2.500% 01/15/20190.0%
Phillips 662.911% 02/26/20210.0%
Ascentium Equipment Receivables 2017-1 Trust2.290% 06/10/20210.0%
Commercial Mortgage Backed Index Swap2.000% 05/11/20630.0%
Williams Cos., Inc.7.875% 09/01/20210.0%
Commercial Mortgage Backed Index Swap1.500% 05/11/20630.0%
Kinder Morgan Energy Partners L.P.2.650% 02/01/20190.0%
SCANA Corp.4.125% 02/01/20220.0%
Commercial Mortgage Backed Index Swap1.500% 05/11/20630.0%
Ascentium Equipment Receivables 2017-1 Trust1.870% 07/10/20190.0%
LSTAR Commercial Mortgage Trust2.767% 01/20/20410.0%
Commercial Mortgage Backed Index Swap2.000% 05/11/20630.0%
Commercial Mortgage Backed Index Swap1.500% 05/11/20630.0%
US 2YR NOTE (CBT) MAR190.000% 04/03/20190.0%
US 5YR NOTE (CBT) MAR190.000% 04/03/20190.0%

Dividends & Cap Gains

Dividends & Cap Gains

DIVIDEND PAYMENTS

DIVIDEND PAYMENTS

For
YTD Dividends Paidas of 01/16/2019
$0
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 12/31/2018 $0.02151 $9.74
Daily Daily 11/30/2018 $0.02081 $9.72
Daily Daily 10/31/2018 $0.02042 $9.73
Daily Daily 09/30/2018 $0.02149 $9.75
Daily Daily 08/31/2018 $0.02090 $9.78
Daily Daily 07/31/2018 $0.01954 $9.77
Daily Daily 06/30/2018 $0.02011 $9.78
Daily Daily 05/31/2018 $0.01826 $9.80
Daily Daily 04/30/2018 $0.01846 $9.79
Daily Daily 03/31/2018 $0.01680 $9.82
Daily Daily 02/28/2018 $0.01652 $9.83
Daily Daily 01/31/2018 $0.01622 $9.86

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 01/31/2019
Daily Daily 02/28/2019
Daily Daily 03/31/2019
Daily Daily 04/30/2019
Daily Daily 05/31/2019
Daily Daily 06/30/2019
Daily Daily 07/31/2019
Daily Daily 08/31/2019
Daily Daily 09/30/2019
Daily Daily 10/31/2019
Daily Daily 11/30/2019
Daily Daily 12/31/2019

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 12/31/2018

Fund Gross Expense Ratio Fund Net Expense Ratio
3.12% 1.40%

Expense ratio details, Click here.

Fund Documents

Fund Documents

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

0Documents selected
Order
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
+

Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

12-Month Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to its value with maximum sales charges and without sales charges. The fund’s dividend yield is calculated by dividing the fund’s income distributions over the previous year by the fund’s current value with maximum sales charges and without sales charges.

 

2

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

3

The Fund’s Dividend Yield, 12-Month Dividend Yield and 7 Day Yield are shown with and without sales charges and with maximum sales charges. The Fund’s Subsidized Dividend yield takes into account any fee waiver or expense limitation arrangements, if any. Without such fee waivers or expense limitation arrangements, the Fund’s dividend yield would have been lower. Information regarding any fee waivers or expense limitation arrangements applicable to the Fund is provided with the Fund’s expense ratio information.

 

4

The Fund’s Unsubsidized Dividend yield is shown without sales charges and with maximum sales charges. The Fund’s unsubsidized dividend yield reflects what the yield would have been without the effect of fee waivers or expense limitation arrangements.

 

 

IMPORTANT INFORMATION

 

New Fund Risk: The Fund is newly organized. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy. Diversification does not guarantee a profit or protect against loss in declining markets.

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 an investment in the Fund will change as interest rates fluctuate in response to market movements. When interest rates rise, the prices of debt securities are likely to decline, and when interest rates fall, the prices of debt securities tend to rise. 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. These factors can affect Fund performance. 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. Past performance is no guarantee of future results.

 

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.

 

 

Class C - Class C shares are subject to ongoing 12b-1 service and distribution fees as well as a maximum CDSC of 1 percent if you redeem your shares before the first anniversary of your original purchase.

Class C shares are only offered to certain eligible investors.  For additional information, see the Fund’s current prospectus.

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.

 

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

 

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 U.S. 1 to 3 Year Government/Credit Index is an unmanaged index that is designed to represent a combination of the Government Bond Index and the Corporate Bond Index, and includes U.S. government Treasury and agency securities, corporate bonds, and Yankee bonds with maturities of 1 to 3 years.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

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.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

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