Ultra Short Bond Fund
Daily price w/o sales charge as of 07/26/2024
$10.00
$0.00
YTD Returns w/o sales charge as of 07/26/2024
3.48%
Summary
Summary
Yield
Average Yield to Maturity as of 06/28/2024 |
5.95% |
30-Day Standardized Yield 1 as of 06/30/2024 |
5.15% |
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
Fund Basicsas of 06/28/2024
- Total Net Assets
- $10.17 B
- Inception Date
- 10/17/2016
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.38%
- Fund Net Expense Ratio
- 0.38%
- Number of Holdings
- 382
Fund Expense Ratio :
0.38%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 2.89% | 6.24% | 2.82% | 2.17% | - | 2.10% |
Lipper Category Avg. Ultra-Short Obligations Funds | 2.81% | 6.15% | 2.85% | 2.30% | - | - |
ICE BofA U.S. Treasury Bill Index | 2.61% | 5.43% | 3.01% | 2.16% | - | 1.93% |
Fund Expense Ratio :
0.38%
Fund Expense Ratio :
0.38%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 2.89% | 6.24% | 2.82% | 2.17% | - | 2.10% |
Lipper Category Avg. Ultra-Short Obligations Funds | 2.81% | 6.15% | 2.85% | 2.30% | - | - |
ICE BofA U.S. Treasury Bill Index | 2.61% | 5.43% | 3.01% | 2.16% | - | 1.93% |
Fund Expense Ratio :
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.
Type | Assets |
---|---|
Corp Fixed Rate | |
ABS | |
Corp Floating | |
CLO | |
Commercial Paper | |
Bank Loans | |
CMBS | |
U.S. Government Related | |
MBS | |
Sovereign | |
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 |
Credit Quality Distribution as of 06/28/2024 View Portfolio
Rating | Assets |
---|---|
A-2/P-2 | |
A-3/P-3 | |
U.S. Treasury | |
AAA | |
AA | |
A | |
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. 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
![Yoana N. Koleva Yoana N. Koleva](/content/dam/shared-assets/biographies/koleva-yoana/headshot/Koleva-Yoana_headshot.jpg)
![Andrew H. O'Brien Andrew H. O'Brien](/content/dam/shared-assets/biographies/obrien-andrew/headshot/OBrien-Andrew_headshot.jpg)
![Kewjin Yuoh Kewjin Yuoh](/content/dam/shared-assets/biographies/yuoh-kewjin/headshot/Yuoh-Kewjin_headshot.jpg)
![Adam C. Castle Adam C. Castle](/content/dam/shared-assets/biographies/castle-adam/headshot/Castle-Adam_headshot.jpg)
Your Representative
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Performance
Performance
NAV HISTORICAL PRICES
Date | Net Asset Value |
---|
Fund Expense Ratio :
Gross 0.38%
Net 0.38%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 2.89% | 6.24% | 2.82% | 2.17% | - | 2.10% |
Lipper Category Avg. Ultra-Short Obligations Funds | 2.81% | 6.15% | 2.85% | 2.30% | - | - |
ICE BofA U.S. Treasury Bill Index | 2.61% | 5.43% | 3.01% | 2.16% | - | 1.93% |
w/ sales charge | 2.89% | 6.24% | 2.82% | 2.17% | - | 2.10% |
Fund Expense Ratio :
Gross 0.38%
Net 0.38%
Fund Expense Ratio :
Gross 0.38%
Net 0.38%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 2.89% | 6.24% | 2.82% | 2.17% | - | 2.10% |
Lipper Category Avg. Ultra-Short Obligations Funds | 2.81% | 6.15% | 2.85% | 2.30% | - | - |
ICE BofA U.S. Treasury Bill Index | 2.61% | 5.43% | 3.01% | 2.16% | - | 1.93% |
Fund Expense Ratio :
Gross 0.38%
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 | ICE BofA U.S. Treasury Bill Index |
---|
2023 | 5.85% | 5.09% |
2022 | -0.16% | 1.34% |
2021 | 0.06% | 0.05% |
2020 | 1.16% | 0.74% |
2019 | 2.88% | 2.35% |
2018 | 1.97% | 1.88% |
2017 | 1.46% | 0.82% |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2024 | 1.47% | 1.40% | - | - |
2023 | 1.44% | 1.07% | 1.39% | 1.83% |
2022 | -0.86% | -0.55% | 0.29% | 0.97% |
2021 | -0.01% | 0.11% | 0.11% | -0.15% |
2020 | -1.33% | 2.15% | 0.26% | 0.10% |
2019 | 0.87% | 0.85% | 0.60% | 0.53% |
2018 | 0.33% | 0.54% | 0.67% | 0.41% |
2017 | 0.36% | 0.40% | 0.34% | 0.36% |
Portfolio
Portfolio
Type | Assets |
---|---|
Corp Fixed Rate | |
ABS | |
Corp Floating | |
CLO | |
Commercial Paper | |
Bank Loans | |
CMBS | |
U.S. Government Related | |
MBS | |
Sovereign | |
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 |
CREDIT QUALITY DISTRIBUTION as of 06/28/2024
Rating | Assets |
---|---|
A-2/P-2 | |
A-3/P-3 | |
U.S. Treasury | |
AAA | |
AA | |
A | |
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. 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 Details as of 06/28/2024
- Total Net Assets
- $10.17 B
- Average Effective Duration
- 0.57 Years
- Average Life
- 1.01 Years
- Number of Issues
- 382
- Average Yield to Maturity
- 5.95%
To view definitions for the above Portfolio Details, Click here.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
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.
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 |
---|
HSBC Holdings PLC | 2.999% | 03/10/2026 | 1.5% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.2% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.0% |
Bayer Corp | 0.000% | 07/08/2024 | 1.0% |
JPMorgan Chase & Co | 2.301% | 10/15/2025 | 1.0% |
Citigroup Inc | 2.014% | 01/25/2026 | 0.9% |
Rogers Communications Inc/Ontario | 0.000% | 08/20/2024 | 0.9% |
Macquarie Group Ltd | 6.207% | 11/22/2024 | 0.9% |
Danske Bank A/S | 6.466% | 01/09/2026 | 0.8% |
United States Treasury Note/Bond | 4.250% | 01/31/2026 | 0.7% |
Holding | Coupon | Maturity | Assets |
---|
HSBC Holdings PLC | 2.999% | 03/10/2026 | 1.5% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.2% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.1% |
Bayer Corp | 0.000% | 07/08/2024 | 1.0% |
JPMorgan Chase & Co | 2.301% | 10/15/2025 | 1.0% |
APA CORP GTD DISC COML PAPER | 0.000% | 06/03/2024 | 1.0% |
Citigroup Inc | 2.014% | 01/25/2026 | 0.9% |
United States Treasury Note/Bond | 4.250% | 05/31/2025 | 0.9% |
Rogers Communications Inc/Ontario | 0.000% | 08/20/2024 | 0.9% |
Macquarie Group Ltd | 6.207% | 11/22/2024 | 0.9% |
Danske Bank A/S | 6.466% | 01/09/2026 | 0.8% |
JPMorgan Chase & Co | 5.546% | 12/15/2025 | 0.7% |
Discover Card Execution Note Trust | 3.320% | 05/15/2027 | 0.6% |
Baxter International Inc | 1.322% | 11/29/2024 | 0.6% |
AT&T Inc | 5.539% | 02/20/2026 | 0.6% |
Targa Resources Corp | 0.000% | 07/02/2024 | 0.6% |
Toronto-Dominion Bank/The | 4.285% | 09/13/2024 | 0.6% |
Goldman Sachs Group Inc/The | 5.818% | 10/21/2024 | 0.6% |
Bank of America Corp | 3.093% | 10/01/2025 | 0.6% |
First-Citizens Bank & Trust Co | 2.969% | 09/27/2025 | 0.6% |
NextGear Floorplan Master Owner Trust | 2.800% | 03/15/2027 | 0.6% |
Standard Chartered PLC | 2.819% | 01/30/2026 | 0.6% |
UniCredit SpA | 2.569% | 09/22/2026 | 0.6% |
Lloyds Banking Group PLC | 3.511% | 03/18/2026 | 0.6% |
Galaxy XXVI CLO Ltd | 6.497% | 11/22/2031 | 0.6% |
Microchip Technology Inc | 6.554% | 08/29/2025 | 0.6% |
Morgan Stanley | 2.188% | 04/28/2026 | 0.6% |
Targa Resources Corp | 0.000% | 08/28/2024 | 0.5% |
Avolon Holdings Funding Ltd | 3.950% | 07/01/2024 | 0.5% |
Toyota Motor Credit Corp | 5.984% | 01/05/2026 | 0.5% |
FMC Corp | 0.000% | 06/13/2024 | 0.5% |
Santander UK Group Holdings PLC | 6.833% | 11/21/2026 | 0.5% |
Octagon Investment Partners 30 Ltd | 6.579% | 03/17/2030 | 0.5% |
GA Global Funding Trust | 6.691% | 04/11/2025 | 0.5% |
Ford Credit Auto Owner Trust 2018-REV1 | 3.190% | 07/15/2031 | 0.5% |
Ares XXXIV CLO Ltd | 6.637% | 04/17/2033 | 0.5% |
GE HealthCare Technologies Inc | 5.550% | 11/15/2024 | 0.5% |
Affirm Asset Securitization Trust 2024-X1 | 6.270% | 05/15/2029 | 0.5% |
AIB Group PLC | 7.583% | 10/14/2026 | 0.5% |
Jackson National Life Global Funding | 6.480% | 06/28/2024 | 0.5% |
Carrier Global Corp | 0.067% | 11/19/2024 | 0.5% |
Danske Bank A/S | 1.621% | 09/11/2026 | 0.5% |
Vistra Operations Co LLC | 5.125% | 05/13/2025 | 0.5% |
Ford Credit Auto Lease Trust 2023-A | 4.940% | 03/15/2026 | 0.5% |
Wells Fargo & Co | 2.164% | 02/11/2026 | 0.5% |
Solventum Corp | 0.070% | 08/15/2025 | 0.5% |
Bayer Corp | 0.000% | 07/09/2024 | 0.5% |
Atrium XIII | 6.475% | 11/21/2030 | 0.5% |
RTX Corp | 6.703% | 05/07/2025 | 0.5% |
Bank of America Corp | 3.384% | 04/02/2026 | 0.5% |
SBNA Auto Lease Trust 2024-A | 5.450% | 01/20/2026 | 0.5% |
Truist Financial Corp | 5.330% | 06/09/2025 | 0.5% |
Santander Drive Auto Receivables Trust 2024-2 | 5.800% | 09/15/2027 | 0.5% |
Bank of Nova Scotia/The | 5.250% | 12/06/2024 | 0.5% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.5% |
General Motors Financial Co Inc | 5.951% | 10/15/2024 | 0.5% |
Jefferies Financial Group Inc | 6.050% | 03/12/2025 | 0.5% |
Goldman Sachs Bank USA/New York NY | 6.114% | 03/18/2027 | 0.4% |
OZLM Funding II Ltd | 6.530% | 07/30/2031 | 0.4% |
Wells Fargo Bank NA | 6.381% | 08/07/2026 | 0.4% |
Goldman Sachs Bank USA/New York NY | 5.414% | 05/21/2027 | 0.4% |
American Honda Finance Corp | 6.043% | 01/09/2026 | 0.4% |
Bank of Nova Scotia/The | 6.420% | 06/12/2025 | 0.4% |
Royal Bank of Canada | 6.408% | 07/20/2026 | 0.4% |
Citibank NA | 6.146% | 09/29/2025 | 0.4% |
Toronto-Dominion Bank/The | 6.409% | 07/17/2026 | 0.4% |
Bank of Montreal | 6.292% | 09/25/2025 | 0.4% |
TransCanada PipeLines Ltd | 6.867% | 03/09/2026 | 0.4% |
UBS Group AG | 2.593% | 09/11/2025 | 0.4% |
State Street Corp | 6.167% | 08/03/2026 | 0.4% |
Goldman Sachs Group Inc/The | 6.385% | 08/10/2026 | 0.4% |
Nissan Auto Lease Trust 2023-B | 5.690% | 07/15/2026 | 0.4% |
Wells Fargo & Co | 2.188% | 04/30/2026 | 0.4% |
BlueMountain Fuji US Clo I Ltd | 6.566% | 07/20/2029 | 0.4% |
Swedbank AB | 6.725% | 06/15/2026 | 0.4% |
National Bank of Canada | 6.242% | 03/25/2027 | 0.4% |
UBS Group AG | 2.193% | 06/05/2026 | 0.4% |
Madison Park Funding XVII Ltd | 6.586% | 07/21/2030 | 0.4% |
Hyundai Capital America | 6.642% | 11/03/2025 | 0.4% |
Hyundai Capital America | 6.472% | 08/04/2025 | 0.4% |
NatWest Markets PLC | 6.792% | 03/22/2025 | 0.4% |
TICP CLO VII Ltd | 6.629% | 04/15/2033 | 0.4% |
Svenska Handelsbanken AB | 2.377% | 06/15/2026 | 0.4% |
Invitation Homes Operating Partnership LP | 6.429% | 01/31/2025 | 0.4% |
United States Treasury Note/Bond | 5.000% | 09/30/2025 | 0.4% |
Bank of America Corp | 0.981% | 09/25/2025 | 0.4% |
Broadcom Inc | 6.450% | 08/15/2025 | 0.4% |
Amur Equipment Finance Receivables XIII LLC | 5.380% | 01/21/2031 | 0.4% |
Regatta XIV Funding Ltd | 6.428% | 10/25/2031 | 0.4% |
Apidos Clo Xxv | 6.475% | 10/20/2031 | 0.4% |
Las Vegas Sands Corp | 2.900% | 06/25/2025 | 0.4% |
Honda Auto Receivables 2023-4 Owner Trust | 5.670% | 06/21/2028 | 0.4% |
BPCE SA | 5.975% | 01/18/2027 | 0.4% |
Barclays PLC | 2.852% | 05/07/2026 | 0.4% |
GS Mortgage Securities Corp Trust 2021-ROSS | 6.581% | 05/15/2026 | 0.4% |
HSBC Holdings PLC | 1.645% | 04/18/2026 | 0.4% |
CommonSpirit Health | 0.000% | 06/20/2024 | 0.4% |
Octane Receivables Trust 2024-1 | 5.680% | 05/20/2030 | 0.4% |
Honda Auto Receivables 2023-1 Owner Trust | 5.040% | 04/21/2027 | 0.4% |
American Express Co | 6.279% | 03/04/2025 | 0.4% |
GA Global Funding Trust | 0.800% | 09/13/2024 | 0.4% |
DLLAA 2023-1 LLC | 5.930% | 07/20/2026 | 0.4% |
Qorvo Inc | 1.750% | 12/15/2024 | 0.4% |
Mitsubishi UFJ Financial Group Inc | 6.770% | 04/17/2026 | 0.4% |
BNP Paribas SA | 2.219% | 06/09/2026 | 0.4% |
Flagship Credit Auto Trust 2023-3 | 5.890% | 07/15/2027 | 0.4% |
Atrium IX | 6.561% | 05/28/2030 | 0.4% |
American Tower Corp | 1.600% | 04/15/2026 | 0.3% |
BPCE SA | 5.150% | 07/21/2024 | 0.3% |
AmeriCredit Automobile Receivables Trust 2023-2 | 6.190% | 04/19/2027 | 0.3% |
Brookfield Infrastructure Holdings Canada Inc | 0.000% | 08/29/2024 | 0.3% |
Dryden 40 Senior Loan Fund | 6.472% | 08/15/2031 | 0.3% |
UBS Group AG | 4.488% | 05/12/2026 | 0.3% |
Dell Equipment Finance Trust 2023-1 | 5.650% | 09/22/2028 | 0.3% |
Avolon Holdings Funding Ltd | 2.125% | 02/21/2026 | 0.3% |
GM Financial Automobile Leasing Trust 2024-2 | 5.390% | 07/20/2027 | 0.3% |
Galaxy XIX CLO Ltd | 6.535% | 07/24/2030 | 0.3% |
OneMain Direct Auto Receivables Trust 2021-1 | 1.260% | 07/14/2028 | 0.3% |
Citigroup Inc | 5.610% | 09/29/2026 | 0.3% |
Westlake Automobile Receivables Trust 2024-1 | 5.550% | 11/15/2027 | 0.3% |
Capital One Prime Auto Receivables Trust 2022-2 | 3.660% | 05/17/2027 | 0.3% |
Hyundai Capital America | 6.832% | 01/08/2027 | 0.3% |
Philip Morris International Inc | 5.125% | 11/15/2024 | 0.3% |
Athene Global Funding | 5.684% | 02/23/2026 | 0.3% |
VICI Properties LP / VICI Note Co Inc | 4.625% | 06/15/2025 | 0.3% |
GLP Capital LP / GLP Financing II Inc | 5.375% | 04/15/2026 | 0.3% |
JPMorgan Chase & Co | 3.845% | 06/14/2025 | 0.3% |
Bank of America Corp | 1.658% | 03/11/2027 | 0.3% |
AutoNation Inc | 0.000% | 06/04/2024 | 0.3% |
Morgan Stanley Bank NA | 6.110% | 07/16/2025 | 0.3% |
F&G Global Funding | 0.900% | 09/20/2024 | 0.3% |
Spire Inc | 5.300% | 03/01/2026 | 0.3% |
Dell Equipment Finance Trust 2024-1 | 5.390% | 03/22/2030 | 0.3% |
Corebridge Global Funding | 6.642% | 09/25/2026 | 0.3% |
SBNA Auto Lease Trust 2024-B | 5.670% | 11/20/2026 | 0.3% |
Honda Auto Receivables 2024-2 Owner Trust | 5.270% | 11/20/2028 | 0.3% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.750% | 10/29/2024 | 0.3% |
Daimler Truck Finance North America LLC | 5.600% | 08/08/2025 | 0.3% |
Warnermedia Holdings Inc | 6.412% | 03/15/2026 | 0.3% |
Westlake Automobile Receivables Trust 2021-2 | 1.230% | 12/15/2026 | 0.3% |
Citizens Bank NA/Providence RI | 5.284% | 01/26/2026 | 0.3% |
Marvell Technology Inc | 6.803% | 12/07/2025 | 0.3% |
KKR CLO 40 Ltd | 6.643% | 10/20/2034 | 0.3% |
HSBC USA Inc | 6.309% | 03/04/2027 | 0.3% |
JPMorgan Chase Bank NA | 6.347% | 12/08/2026 | 0.3% |
Bank of Montreal | 6.507% | 12/11/2026 | 0.3% |
BPCE SA | 5.901% | 01/14/2025 | 0.3% |
Hertz Vehicle Financing LLC | 1.210% | 12/26/2025 | 0.3% |
Bank of America Auto Trust 2023-2 | 5.740% | 06/15/2028 | 0.3% |
Keurig Dr Pepper Inc | 6.227% | 03/15/2027 | 0.3% |
General Motors Financial Co Inc | 6.670% | 05/08/2027 | 0.3% |
American Honda Finance Corp | 6.115% | 03/12/2027 | 0.3% |
Hyundai Capital America | 5.800% | 06/26/2025 | 0.3% |
Athene Global Funding | 6.552% | 03/25/2027 | 0.3% |
Benefit Street Partners CLO XIX Ltd | 6.509% | 01/15/2033 | 0.3% |
Australia & New Zealand Banking Group Ltd | 6.139% | 01/18/2027 | 0.3% |
Verdant Receivables 2024-1 LLC | 5.680% | 12/12/2031 | 0.3% |
AES Corp/The | 0.000% | 06/06/2024 | 0.3% |
Carmax Auto Owner Trust 2023-2 | 5.050% | 01/18/2028 | 0.3% |
UBS Group AG | 4.125% | 09/24/2025 | 0.3% |
Ford Motor Credit Co LLC | 4.063% | 11/01/2024 | 0.3% |
Regal Rexnord Corp | 6.050% | 02/15/2026 | 0.3% |
Ford Motor Credit Co LLC | 4.389% | 01/08/2026 | 0.3% |
Boeing Co/The | 4.875% | 05/01/2025 | 0.3% |
Bank of Montreal | 5.200% | 12/12/2024 | 0.3% |
Aircastle Ltd | 5.250% | 08/11/2025 | 0.3% |
NatWest Group PLC | 7.472% | 11/10/2026 | 0.3% |
UBS Group AG | 3.750% | 03/26/2025 | 0.3% |
Citizens Auto Receivables Trust 2023-1 | 5.840% | 01/18/2028 | 0.3% |
Huntington Auto Trust 2024-1 | 5.500% | 03/15/2027 | 0.2% |
MARS INC | 11.127% | 07/15/2024 | 0.2% |
OWENS CORNING INC | 0.000% | 02/28/2025 | 0.2% |
Westlake Automobile Receivables Trust 2024-1 | 5.440% | 05/17/2027 | 0.2% |
Enterprise Fleet Financing 2024-1 LLC | 5.230% | 03/20/2030 | 0.2% |
Volkswagen Group of America Finance LLC | 6.172% | 03/20/2026 | 0.2% |
Lloyds Banking Group PLC | 3.870% | 07/09/2025 | 0.2% |
KIND Trust 2021-KIND | 6.381% | 08/15/2038 | 0.2% |
Navistar Financial Dealer Note Master Owner Trust | 5.590% | 04/25/2029 | 0.2% |
Glencore Funding LLC | 6.395% | 04/04/2027 | 0.2% |
TCI-Flatiron Clo 2017-1 Ltd | 6.547% | 11/18/2030 | 0.2% |
UBS AG/London | 0.700% | 08/09/2024 | 0.2% |
Cigna Group/The | 5.685% | 03/15/2026 | 0.2% |
Affirm Asset Securitization Trust 2023-B | 6.820% | 09/15/2028 | 0.2% |
NatWest Markets PLC | 5.849% | 08/12/2024 | 0.2% |
Skandinaviska Enskilda Banken AB | 6.239% | 03/05/2027 | 0.2% |
Celanese US Holdings LLC | 6.050% | 03/15/2025 | 0.2% |
Volkswagen Group of America Finance LLC | 6.276% | 09/12/2025 | 0.2% |
Royal Bank of Canada | 6.279% | 01/19/2027 | 0.2% |
Morgan Stanley | 4.679% | 07/17/2026 | 0.2% |
Volkswagen Group of America Finance LLC | 5.800% | 09/12/2025 | 0.2% |
Broadcom Inc | 6.579% | 08/14/2026 | 0.2% |
American Honda Finance Corp | 5.919% | 08/14/2025 | 0.2% |
Sumitomo Mitsui Financial Group Inc | 6.630% | 07/13/2026 | 0.2% |
United States Treasury Note/Bond | 4.250% | 01/31/2026 | 0.2% |
Barclays PLC | 7.325% | 11/02/2026 | 0.2% |
SBNA Auto Lease Trust 2023-A | 6.270% | 04/20/2026 | 0.2% |
Citigroup Inc | 3.106% | 04/08/2026 | 0.2% |
Georgia Power Co | 6.070% | 05/08/2025 | 0.2% |
ING Groep NV | 3.869% | 03/28/2026 | 0.2% |
American Express Co | 6.338% | 10/30/2026 | 0.2% |
Avolon Holdings Funding Ltd | 4.250% | 04/15/2026 | 0.2% |
Public Storage Operating Co | 6.030% | 04/16/2027 | 0.2% |
Westlake Automobile Receivables Trust 2023-4 | 6.230% | 01/15/2027 | 0.2% |
Toronto-Dominion Bank/The | 3.766% | 06/06/2025 | 0.2% |
Post Road Equipment Finance 2024-1 LLC | 5.590% | 11/15/2029 | 0.2% |
SFS Auto Receivables Securitization Trust 2024-2 | 5.710% | 10/20/2027 | 0.2% |
Rolls-Royce PLC | 3.625% | 10/14/2025 | 0.2% |
Citizens Auto Receivables Trust 2023-2 | 6.090% | 10/15/2026 | 0.2% |
MF1 2021-FL6 Ltd | 6.534% | 07/16/2036 | 0.2% |
Octagon Investment Partners XIV Ltd | 6.540% | 07/15/2029 | 0.2% |
Lending Funding Trust 2020-2 | 2.320% | 04/21/2031 | 0.2% |
Santander Consumer Auto Receivables Trust 2020-A | 10.120% | 01/16/2029 | 0.2% |
Bank of America Corp | 2.015% | 02/13/2026 | 0.2% |
TransCanada PipeLines Ltd | 6.203% | 03/09/2026 | 0.2% |
NextGear Floorplan Master Owner Trust | 6.424% | 03/15/2028 | 0.2% |
Parker-Hannifin Corp | 3.650% | 06/15/2024 | 0.2% |
OneMain Direct Auto Receivables Trust 2021-1 | 0.870% | 07/14/2028 | 0.2% |
Toyota Auto Receivables 2023-D Owner Trust | 5.540% | 08/15/2028 | 0.2% |
Verizon Master Trust | 5.230% | 11/22/2027 | 0.2% |
Hewlett Packard Enterprise Co | 5.900% | 10/01/2024 | 0.2% |
AmeriCredit Automobile Receivables Trust 2024-1 | 5.750% | 02/18/2028 | 0.2% |
BXHPP Trust 2021-FILM | 6.081% | 08/15/2036 | 0.2% |
Citizens Auto Receivables Trust 2024-2 | 5.540% | 11/16/2026 | 0.2% |
Ford Credit Auto Owner Trust 2023-C | 5.530% | 09/15/2028 | 0.2% |
Enterprise Fleet Financing 2024-2 LLC | 5.740% | 12/20/2026 | 0.2% |
Intercontinental Exchange Inc | 0.063% | 09/05/2025 | 0.2% |
ANZ New Zealand Int'l Ltd/London | 5.918% | 02/18/2025 | 0.2% |
CarMax Auto Owner Trust 2023-4 | 6.080% | 12/15/2026 | 0.2% |
National Australia Bank Ltd | 5.997% | 12/10/2025 | 0.2% |
BNP Paribas SA | 1.323% | 01/13/2027 | 0.2% |
Barclays PLC | 5.304% | 08/09/2026 | 0.2% |
Avis Budget Rental Car Funding AESOP LLC | 1.380% | 08/20/2027 | 0.2% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.650% | 10/29/2024 | 0.2% |
Goldman Sachs Group Inc/The | 0.855% | 02/12/2026 | 0.2% |
Volkswagen Auto Lease Trust 2022-A | 3.440% | 07/21/2025 | 0.2% |
AES Corp/The | 3.300% | 07/15/2025 | 0.2% |
Ford Motor Credit Co LLC | 4.134% | 08/04/2025 | 0.2% |
Credit Acceptance Auto Loan Trust 2023-1 | 6.480% | 03/15/2033 | 0.2% |
Magna International Inc | 5.980% | 03/21/2026 | 0.2% |
Aviation Capital Group LLC | 5.500% | 12/15/2024 | 0.2% |
Synchrony Card Funding LLC | 3.860% | 07/15/2028 | 0.2% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.450% | 10/01/2025 | 0.2% |
Citizens Bank NA/Providence RI | 6.064% | 10/24/2025 | 0.2% |
SCF Equipment Leasing 2023-1 LLC | 6.560% | 01/22/2030 | 0.2% |
Avolon Holdings Funding Ltd | 2.875% | 02/15/2025 | 0.2% |
Canadian Imperial Bank of Commerce | 5.144% | 04/28/2025 | 0.2% |
CarMax Auto Owner Trust 2024-2 | 5.650% | 05/17/2027 | 0.2% |
GLP Capital LP / GLP Financing II Inc | 5.250% | 06/01/2025 | 0.2% |
Ford Motor Credit Co LLC | 2.300% | 02/10/2025 | 0.2% |
GM Financial Consumer Automobile Receivables Trust 2023-1 | 5.190% | 03/16/2026 | 0.2% |
Korea National Oil Corp | 6.404% | 11/14/2026 | 0.2% |
Algonquin Power & Utilities Corp | 5.365% | 06/15/2026 | 0.2% |
Ovintiv Inc | 0.000% | 06/21/2024 | 0.2% |
VStrong Auto Receivables Trust 2024-A | 5.790% | 08/16/2027 | 0.1% |
Affirm Asset Securitization Trust 2023-B | 6.820% | 09/15/2028 | 0.1% |
KREF 2021-FL2 Ltd | 6.501% | 02/15/2039 | 0.1% |
Synchrony Card Funding LLC | 3.370% | 04/15/2028 | 0.1% |
Mercedes-Benz Auto Receivables Trust 2023-2 | 5.950% | 11/15/2028 | 0.1% |
Santander Drive Auto Receivables Trust 2024-1 | 5.710% | 02/16/2027 | 0.1% |
GS Mortgage Securities Corp Trust 2018-HULA | 6.540% | 07/15/2025 | 0.1% |
GLS Auto Receivables Issuer Trust 2021-3 | 1.110% | 09/15/2026 | 0.1% |
BXMT 2020-FL2 LTD | 6.331% | 02/15/2038 | 0.1% |
Macquarie Group Ltd | 1.340% | 01/12/2027 | 0.1% |
BPCE SA | 4.625% | 07/11/2024 | 0.1% |
Canadian Imperial Bank of Commerce | 5.749% | 10/18/2024 | 0.1% |
Hyundai Auto Lease Securitization Trust 2024-B | 5.410% | 05/17/2027 | 0.1% |
GreatAmerica Leasing Receivables Funding LLC Series 2021-2 | 1.040% | 09/15/2027 | 0.1% |
Public Storage Operating Co | 5.927% | 07/25/2025 | 0.1% |
Aqua Finance Trust 2021-A | 1.540% | 07/17/2046 | 0.1% |
Connecticut Avenue Securities Trust 2022-R02 | 6.524% | 01/25/2042 | 0.1% |
Korea National Oil Corp | 6.168% | 04/03/2027 | 0.1% |
DLLST 2024-1 LLC | 5.330% | 01/20/2026 | 0.1% |
Triton Container International Ltd | 1.150% | 06/07/2024 | 0.1% |
Navient Private Education Refi Loan Trust 2020-E | 1.690% | 05/15/2069 | 0.1% |
Benefit Street Partners CLO V-B Ltd | 6.676% | 04/20/2031 | 0.1% |
First Investors Auto Owner Trust 2022-2 | 6.260% | 07/15/2027 | 0.1% |
Hertz Vehicle Financing III LLC | 1.990% | 06/25/2026 | 0.1% |
Ford Credit Auto Lease Trust 2024-A | 5.060% | 05/15/2027 | 0.1% |
Ford Credit Auto Lease Trust 2024-A | 5.290% | 06/15/2027 | 0.1% |
VICI Properties LP | 4.375% | 05/15/2025 | 0.1% |
Westlake Automobile Receivables Trust 2023-2 | 5.870% | 07/15/2026 | 0.1% |
Morgan Stanley | 2.720% | 07/22/2025 | 0.1% |
Discover Card Execution Note Trust | 4.930% | 06/15/2028 | 0.1% |
RenaissanceRe Finance Inc | 3.700% | 04/01/2025 | 0.1% |
Mercedes-Benz Auto Lease Trust 2024-A | 5.320% | 01/18/2028 | 0.1% |
HPEFS Equipment Trust 2023-1 | 5.430% | 08/20/2025 | 0.1% |
SBNA Auto Receivables Trust 2024-A | 5.700% | 03/15/2027 | 0.1% |
Hyatt Hotels Corp | 1.800% | 10/01/2024 | 0.1% |
Freddie Mac STACR REMIC Trust 2022-DNA1 | 6.324% | 01/25/2042 | 0.1% |
Continental Resources Inc/OK | 3.800% | 06/01/2024 | 0.1% |
Amgen Inc | 5.507% | 03/02/2026 | 0.1% |
LFT CRE 2021-FL1 Ltd | 6.601% | 06/15/2039 | 0.1% |
FS RIALTO | 6.654% | 05/16/2038 | 0.1% |
Morgan Stanley | 0.864% | 10/21/2025 | 0.1% |
Bank of America Corp | 2.456% | 10/22/2025 | 0.1% |
L3Harris Technologies Inc | 0.000% | 08/29/2024 | 0.1% |
Wells Fargo & Co | 3.908% | 04/25/2026 | 0.1% |
General Motors Financial Co Inc | 4.350% | 04/09/2025 | 0.1% |
Macquarie Bank Ltd | 4.875% | 06/10/2025 | 0.1% |
Ford Motor Credit Co LLC | 4.687% | 06/09/2025 | 0.1% |
Goldman Sachs Group Inc/The | 3.272% | 09/29/2025 | 0.1% |
American Electric Power Co Inc | 5.699% | 08/15/2025 | 0.1% |
BXMT 2021-FL4 Ltd | 6.481% | 05/15/2038 | 0.1% |
Ovintiv Inc | 5.650% | 05/15/2025 | 0.1% |
BX Trust 2021-ARIA | 6.330% | 10/15/2036 | 0.1% |
Emera US Finance LP | 3.550% | 06/15/2026 | 0.1% |
UBS Group AG | 6.373% | 07/15/2026 | 0.1% |
GLS Auto Select Receivables Trust 2024-2 | 5.580% | 06/17/2030 | 0.1% |
Hyundai Capital America | 3.400% | 06/20/2024 | 0.1% |
AmeriCredit Automobile Receivables Trust 2024-1 | 5.430% | 01/18/2029 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA4 | 6.274% | 12/25/2041 | 0.1% |
Jackson National Life Global Funding | 5.600% | 04/10/2026 | 0.1% |
NextEra Energy Capital Holdings Inc | 5.749% | 09/01/2025 | 0.1% |
HSBC Holdings PLC | 2.099% | 06/04/2026 | 0.1% |
Palmer Square Loan Funding 2023-1 Ltd | 7.025% | 07/20/2031 | 0.1% |
Charter Communications Operating LLC / Charter Communications Operating Capital | 4.908% | 07/23/2025 | 0.1% |
First Investors Auto Owner Trust 2021-2 | 0.480% | 03/15/2027 | 0.1% |
Credit Suisse AG/New York NY | 2.950% | 04/09/2025 | 0.1% |
Carrier Global Corp | 5.800% | 11/30/2025 | 0.1% |
Fannie Mae Connecticut Avenue Securities | 6.224% | 11/25/2041 | 0.1% |
Exeter Automobile Receivables Trust 2024-3 | 5.650% | 12/15/2027 | 0.1% |
Morgan Stanley | 2.630% | 02/18/2026 | 0.1% |
Aviation Capital Group LLC | 4.875% | 10/01/2025 | 0.1% |
Avis Budget Rental Car Funding AESOP LLC | 2.360% | 03/20/2026 | 0.1% |
Westlake Flooring Master Trust | 5.430% | 02/15/2028 | 0.1% |
GA Global Funding Trust | 5.330% | 09/13/2024 | 0.1% |
NextEra Energy Capital Holdings Inc | 6.051% | 03/01/2025 | 0.1% |
HSBC Holdings PLC | 4.292% | 09/12/2026 | 0.1% |
Santander Drive Auto Receivables Trust 2022-5 | 4.740% | 10/16/2028 | 0.1% |
Nissan Auto Receivables 2023-B Owner Trust | 5.930% | 03/15/2028 | 0.1% |
Carvana Auto Receivables Trust 2021-N1 | 1.090% | 01/10/2028 | 0.1% |
Exeter Automobile Receivables Trust 2024-3 | 5.820% | 02/15/2027 | 0.1% |
KeyBank NA/Cleveland OH | 5.665% | 06/14/2024 | 0.1% |
Affirm Asset Securitization Trust 2023-A | 6.610% | 01/18/2028 | 0.1% |
Chesapeake Funding II LLC | 5.520% | 05/15/2036 | 0.1% |
Flatiron Clo 17 Ltd | 6.564% | 05/15/2030 | 0.1% |
Ford Motor Credit Co LLC | 5.125% | 06/16/2025 | 0.1% |
East Ohio Gas Co/The | 1.300% | 06/15/2025 | 0.1% |
NRG Energy Inc | 2.000% | 12/02/2025 | 0.1% |
Toyota Auto Receivables 2022-C Owner Trust | 3.830% | 08/15/2025 | 0.1% |
Danske Bank A/S | 3.244% | 12/20/2025 | 0.1% |
Howmet Aerospace Inc | 6.875% | 05/01/2025 | 0.1% |
Crown Castle Inc | 1.350% | 07/15/2025 | 0.1% |
Santander Drive Auto Receivables Trust 2023-4 | 6.180% | 02/16/2027 | 0.1% |
Aviation Capital Group LLC | 1.950% | 09/20/2026 | 0.1% |
Capital One Prime Auto Receivables Trust 2023-1 | 5.200% | 05/15/2026 | 0.1% |
Athene Global Funding | 2.550% | 06/29/2025 | 0.1% |
HGI CRE CLO 2021-FL1 Ltd | 6.484% | 06/16/2036 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA3 | 6.174% | 09/25/2041 | 0.1% |
Southern California Edison Co | 9.787% | 08/01/2172 | 0.1% |
GA Global Funding Trust | 1.625% | 01/15/2026 | 0.1% |
CarMax Auto Owner Trust 2023-1 | 5.230% | 01/15/2026 | 0.0% |
NextEra Energy Capital Holdings Inc | 4.200% | 06/20/2024 | 0.0% |
Discovery Communications LLC | 3.950% | 06/15/2025 | 0.0% |
Marlette Funding Trust 2021-3 | 1.300% | 12/15/2031 | 0.0% |
Toronto-Dominion Bank/The | 5.697% | 09/10/2024 | 0.0% |
GLS Auto Receivables Issuer Trust 2021-2 | 1.080% | 06/15/2026 | 0.0% |
Corebridge Global Funding | 5.750% | 07/02/2026 | 0.0% |
Trimble Inc | 4.750% | 12/01/2024 | 0.0% |
Flagship Credit Auto Trust 2023-1 | 5.380% | 12/15/2026 | 0.0% |
Bank of Ireland Group PLC | 6.253% | 09/16/2026 | 0.0% |
Amgen Inc | 5.250% | 03/02/2025 | 0.0% |
Pagaya AI Debt Trust 2022-1 | 2.030% | 10/15/2029 | 0.0% |
AmeriCredit Automobile Receivables Trust 2022-2 | 4.810% | 04/18/2028 | 0.0% |
BAXTER INTL INC | 0.065% | 09/30/2024 | 0.0% |
Ford Motor Credit Co LLC | 3.375% | 11/13/2025 | 0.0% |
Nuveen Finance LLC | 4.125% | 11/01/2024 | 0.0% |
Flagship Credit Auto Trust 2021-2 | 0.930% | 06/15/2027 | 0.0% |
World Omni Automobile Lease Securitization Trust 2022-A | 3.210% | 02/18/2025 | 0.0% |
Mercedes-Benz Auto Receivables Trust 2023-1 | 5.090% | 01/15/2026 | 0.0% |
Affirm Asset Securitization Trust 2022-X1 | 1.750% | 02/15/2027 | 0.0% |
Hyundai Auto Lease Securitization Trust 2023-A | 5.200% | 04/15/2025 | 0.0% |
GM Financial Automobile Leasing Trust 2023-1 | 5.270% | 06/20/2025 | 0.0% |
Tricolor Auto Securitization Trust 2023-1 | 6.480% | 08/17/2026 | 0.0% |
Octane Receivables Trust 2021-1 | 0.930% | 03/22/2027 | 0.0% |
Freddie Mac STACR REMIC Trust 2021-DNA6 | 6.124% | 10/25/2041 | 0.0% |
Ally Auto Receivables Trust 2022-3 | 5.290% | 06/16/2025 | 0.0% |
Arivo Acceptance Auto Loan Receivables Trust 2021-1 | 1.190% | 01/15/2027 | 0.0% |
Santander Retail Auto Lease Trust 2021-C | 1.110% | 03/20/2026 | 0.0% |
Atalaya Equipment Leasing Trust 21-1 | 1.230% | 05/15/2026 | 0.0% |
Ford Credit Auto Lease Trust 2023-A | 5.190% | 06/15/2025 | 0.0% |
Westlake Automobile Receivables Trust 2021-1 | 0.950% | 03/16/2026 | 0.0% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 07/26/2024
- $0.25501
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 06/30/2024 | $0.04303 | $9.98 |
Daily | Daily | 05/31/2024 | $0.04379 | $9.98 |
Daily | Daily | 04/30/2024 | $0.04249 | $9.97 |
Daily | Daily | 03/31/2024 | $0.04285 | $9.97 |
Daily | Daily | 02/29/2024 | $0.04064 | $9.97 |
Daily | Daily | 01/31/2024 | $0.04222 | $9.97 |
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 | 07/31/2024 |
Daily | Daily | 08/31/2024 |
Daily | Daily | 09/30/2024 |
Daily | Daily | 10/31/2024 |
Daily | Daily | 11/30/2024 |
Daily | Daily | 12/31/2024 |
CAPITAL GAINS DISTRIBUTIONS
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
12/14/2017 | 12/15/2017 | - | $0.0003 | $0.0003 | $10.01 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 06/30/2024
Fund Gross Expense Ratio | 0.38% |
Fund Net Expense Ratio | 0.38% |
Adjusted Expense Ratio | - |
Fund Documents
Fund Documents
0Documents selected
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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