LUBVX | Ultra Short Bond Fund Class R5 | Lord Abbett

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
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

 

Ultra Short Bond Fund

Track this Fund
Add to Hypo Tool

Daily price w/o sales charge as of 05/17/2022

$9.86

arrowDown$0.01

YTD Returns w/o sales charge as of 05/17/2022

-1.01%

Click here to view all legal text including risk information

Summary

Summary

What is the Ultra Short Bond Fund ?

The Fund seeks to deliver current income consistent with the preservation of capital by investing in a broad range of investment grade ultra-short fixed income and money market securities with a weighted average duration of less than one year.

 

Yield

7 Day Yield 1,4 as of 05/17/2022  

w/o sales charge 1.09%

30-Day Standardized Yield 2 as of 04/30/2022  

1.39%

Fund Basicsas of 03/31/2022

Total Net Assets
$15.44 B
Inception Date
10/17/2016
Dividend Frequency
Monthly
Fund Expense Ratio
0.28%
Number of Holdings
466

Fund Expense Ratio :

0.28%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
w/o sales charge -0.86% -0.87% 0.73% 1.30% - 1.32%
Lipper Category Avg. Ultra-Short Obligations Funds -0.83% -0.88% 0.81% 1.22% - -
ICE BofA U.S. Treasury Bill Index -0.01% 0.01% 0.76% 1.13% - 1.06%

Fund Expense Ratio :

0.28%

Fund Expense Ratio :

0.28%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
w/o sales charge -0.74% -0.70% 0.85% 1.37% - 1.36%
Lipper Category Avg. Ultra-Short Obligations Funds -0.69% -0.70% 0.95% 1.27% - -
ICE BofA U.S. Treasury Bill Index -0.02% 0.00% 0.82% 1.14% - 1.07%

Fund Expense Ratio :

0.28%

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.

RELATED CONTENT

Podcast: Addressing a Core Issue for Fixed-Income Investors
October 26, 2021

In this podcast, investment strategist Joseph Graham discusses why investors may wish to rethink their current allocations to core bonds

Type Assets
Corp Fixed Rate
Corp Floating
ABS
CMBS
CLO
Commercial Paper
Bank Loans
MBS
U.S. Government Related
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
5-6.99 years

Credit Quality Distribution as of 03/31/2022 View Portfolio

Rating Assets
A-2/P-2
A-3/P-3
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. 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, CFA

Managing Director, Portfolio Manager

18 Years of Industry Experience

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

Partner & Portfolio Manager

23 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

27 Years of Industry Experience

Adam C. Castle
Adam C. Castle, CFA

Managing Director, Portfolio Manager

13 Years of Industry Experience

Supported By 70 Investment Professionals with 16 Years Avg. Industry Experience

Your Representative

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

Performance

Performance

NAV HISTORICAL PRICES

Date Net Asset Value

Fund Expense Ratio :

0.28%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
w/o sales charge -0.86% -0.87% 0.73% 1.30% - 1.32%
Lipper Category Avg. Ultra-Short Obligations Funds -0.83% -0.88% 0.81% 1.22% - -
ICE BofA U.S. Treasury Bill Index -0.01% 0.01% 0.76% 1.13% - 1.06%

Fund Expense Ratio :

0.28%

Fund Expense Ratio :

0.28%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
w/o sales charge -0.74% -0.70% 0.85% 1.37% - 1.36%
Lipper Category Avg. Ultra-Short Obligations Funds -0.69% -0.70% 0.95% 1.27% - -
ICE BofA U.S. Treasury Bill Index -0.02% 0.00% 0.82% 1.14% - 1.07%

Fund Expense Ratio :

0.28%

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
2021 0.06% 0.05%
2020 1.26% 0.74%
2019 2.99% 2.35%
2018 2.10% 1.88%
2017 1.60% 0.82%
2016 0.19% 0.37%
Year Q1 Q2 Q3 Q4 Yearly Returns
2022 -0.74% - - - -1.01%
2021 0.02% 0.13% 0.04% -0.13% 0.06%
2020 -1.31% 2.18% 0.29% 0.13% 1.26%
2019 1.00% 0.78% 0.63% 0.56% 2.99%
2018 0.36% 0.67% 0.61% 0.44% 2.10%
2017 0.40% 0.44% 0.37% 0.39% 1.60%
2016 - - - - 0.19%

Portfolio

Portfolio

Type Assets
Corp Fixed Rate
Corp Floating
ABS
CMBS
CLO
Commercial Paper
Bank Loans
MBS
U.S. Government Related
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
5-6.99 years

CREDIT QUALITY DISTRIBUTION as of 03/31/2022

Rating Assets
A-2/P-2
A-3/P-3
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. 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 3/31/2022

  • Over the quarter, we increased the portfolio’s allocation to commercial paper. Commercial paper has become much more attractive in recent months as yields in the market have risen sharply relative to U.S. Treasury Bills. Higher yields in the commercial paper market have been driven by increased supply from overseas issuers who are finding the USD market attractive and reduced demand from money market funds.
  • We decreased the portfolio’s allocations to corporate fixed rate paper and high-quality ABS, as we favor the relative value of short-term commercial paper and corporate floaters in anticipation of future rate hikes.

Portfolio Details as of 03/31/2022

Total Net Assets
$15.44 B
Number of Issues
466
Average Coupon
1.72%
Average Life
1.32 Years
Average Effective Duration
0.65 Years

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

Holding Coupon Maturity Assets
United States Treasury Bill 0.000% 07/28/2022 2.8%
Delos Finance Sarl 2.756% 10/06/2023 1.1%
UBS AG/Stamford CT 7.625% 08/17/2022 1.1%
Canadian Imperial Bank of Commerce 1.085% 03/17/2023 0.9%
NatWest Group PLC 3.875% 09/12/2023 0.9%
Goldman Sachs Group Inc/The 1.214% 02/23/2023 0.9%
NatWest Group PLC 3.498% 05/15/2023 0.8%
AMERICAN TOWER CORPORATION 1.625% 12/07/2022 0.8%
Verizon Master Trust 1.040% 01/20/2027 0.8%
FMC Corp 0.000% 04/11/2022 0.7%
% of Total Assets 10.8%
Holding Coupon Maturity Assets
United States Treasury Bill0.000% 07/28/20222.8%
Delos Finance Sarl2.756% 10/06/20231.1%
UBS AG/Stamford CT7.625% 08/17/20221.1%
Canadian Imperial Bank of Commerce1.085% 03/17/20230.9%
NatWest Group PLC3.875% 09/12/20230.9%
Goldman Sachs Group Inc/The1.214% 02/23/20230.9%
NatWest Group PLC3.498% 05/15/20230.8%
AMERICAN TOWER CORPORATION1.625% 12/07/20220.8%
Verizon Master Trust1.040% 01/20/20270.8%
FMC Corp0.000% 04/11/20220.7%
UBS Group AG3.491% 05/23/20230.7%
Bank of Montreal0.869% 03/10/20230.7%
World Financial Network Credit Card Master Trust2.210% 07/15/20260.7%
Charter Communications Operating LLC2.210% 04/30/20250.6%
BMW Vehicle Lease Trust 2021-10.290% 01/25/20240.6%
Macquarie Bank Ltd0.441% 12/16/20220.6%
Royal Bank of Canada0.599% 01/17/20230.6%
Met Tower Global Funding0.550% 07/13/20220.6%
Hyundai Capital America0.800% 01/08/20240.6%
Morgan Stanley0.529% 01/25/20240.6%
PFP 2021-7 Ltd1.237% 04/14/20380.6%
Crown Castle International Corp0.000% 04/05/20220.6%
JPMorgan Chase & Co2.776% 04/25/20230.6%
MF1 2021-FL6 Ltd1.531% 07/16/20360.6%
Santander UK Group Holdings PLC3.373% 01/05/20240.6%
NextEra Energy Capital Holdings Inc2.940% 03/21/20240.6%
US Bank NA/Cincinnati OH1.043% 12/09/20220.6%
Mitsubishi UFJ Financial Group Inc2.623% 07/18/20220.6%
Westlake Automobile Receivables Trust 2021-10.950% 03/16/20260.6%
Lloyds Banking Group PLC1.326% 06/15/20230.5%
L3Harris Technologies Inc1.453% 03/10/20230.5%
Goldman Sachs Group Inc/The2.905% 07/24/20230.5%
AIB Group PLC4.750% 10/12/20230.5%
BAT Capital Corp1.386% 08/15/20220.5%
Affirm Asset Securitization Trust 2022-X11.750% 02/15/20270.5%
VMWARE INC1.000% 11/01/20240.5%
Comcast Hulu Holdings LLC0.000% 03/15/20240.5%
JPMorgan Chase & Co3.207% 04/01/20230.5%
Danske Bank A/S5.375% 01/12/20240.5%
UniCredit SpA7.830% 12/04/20230.5%
Donlen Fleet Lease Funding 2 LLC0.560% 12/11/20340.5%
Energy Transfer LP0.000% 04/06/20220.5%
AbbVie Inc1.130% 11/21/20220.5%
Goldman Sachs Group Inc/The0.779% 12/06/20230.5%
Mortgage Repurchase Agreement Financing Trust Series 2021-10.821% 09/10/20220.5%
BX Trust 2021-ARIA1.296% 10/15/20360.5%
Bank of Ireland Group PLC4.500% 11/25/20230.5%
National Australia Bank Ltd1.213% 12/13/20220.5%
Metropolitan Life Global Funding I0.659% 01/13/20230.5%
Jabil Inc0.750% 04/01/20220.5%
BX Commercial Mortgage Trust 2021-XL21.085% 10/15/20380.4%
Santander Drive Auto Receivables Trust 2022-22.980% 10/15/20260.4%
Octagon Investment Partners 30 Ltd1.239% 03/17/20300.4%
American Honda Finance Corp1.506% 06/27/20220.4%
Bank of Nova Scotia/The0.761% 09/15/20230.4%
DTE Energy Co0.550% 11/01/20220.4%
BBVA Bancomer SA/Texas6.750% 09/30/20220.4%
Wells Fargo & Co2.625% 07/22/20220.4%
Goldman Sachs Group Inc/The0.583% 10/21/20240.4%
Citigroup Inc2.876% 07/24/20230.4%
Hyundai Auto Lease Securitization Trust 2021-A0.330% 01/16/20240.4%
Octagon Investment Partners XIV Ltd1.191% 07/15/20290.4%
Apidos CLO XXIV1.204% 10/20/20300.4%
BlueMountain Fuji US Clo I Ltd1.234% 07/20/20290.4%
Toronto-Dominion Bank/The1.053% 12/01/20220.4%
Madison Park Funding XI Ltd1.158% 07/23/20290.4%
NUTRITION BIOSCIENCES INC0.014% 01/17/20230.4%
Glencore Funding LLC4.625% 04/29/20240.4%
Affirm Asset Securitization Trust 2021-A0.880% 08/15/20250.4%
Skandinaviska Enskilda Banken AB1.448% 12/12/20220.4%
Truist Bank1.059% 05/17/20220.4%
Brunswick Corp/DE0.000% 04/01/20220.4%
Galaxy XXIII CLO Ltd1.128% 04/24/20290.4%
Regatta Funding LP 2013-2A1.091% 01/15/20290.4%
Leidos Inc0.000% 04/01/20220.4%
Morgan Stanley0.727% 01/24/20250.4%
VASA Trust 2021-VASA1.297% 07/15/20390.4%
Bank of Montreal0.878% 03/08/20240.3%
Goldman Sachs Group Inc/The0.661% 11/17/20230.3%
NatWest Group PLC1.976% 05/15/20230.3%
CommonSpirit Health0.000% 04/06/20220.3%
General Motors Co4.875% 10/02/20230.3%
LFT CRE 2021-FL1 Ltd1.567% 06/15/20390.3%
Nordea Bank Abp4.250% 09/21/20220.3%
Reckitt Benckiser Treasury Services PLC1.514% 06/24/20220.3%
BXMT 2020-FL2 LTD1.064% 02/15/20380.3%
Stellantis NV5.250% 04/15/20230.3%
BANK OF AMERICA CORP3.550% 03/05/20240.3%
TCI-Flatiron Clo 2017-1 Ltd1.448% 11/18/20300.3%
OCTAGON INVESTMENT PARTNERS 31 LLC1.304% 07/20/20300.3%
Galaxy XIX CLO Ltd1.208% 07/24/20300.3%
HUMANA INC1.552% 10/30/20230.3%
International Flavors & Fragrances Inc0.000% 04/18/20220.3%
Freddie Mac Structured Agency Credit Risk Debt Notes0.949% 11/25/20410.3%
ENERGY TRANSFER PARTNERS0.000% 04/14/20220.3%
Dell Equipment Finance Trust 2020-20.570% 10/23/20230.3%
BXMT 2021-FL4 Ltd1.447% 05/15/20380.3%
Energy Transfer LP0.000% 04/01/20220.3%
Madison Park Funding XXXV Ltd1.244% 04/20/20320.3%
EQUS 2021-EQAZ Mortgage Trust1.151% 10/15/20380.3%
ONE 2021-PARK Mortgage Trust1.097% 03/15/20360.3%
BMW US Capital LLC0.768% 04/14/20220.3%
OBX 2021-NQM3 Trust1.054% 07/25/20610.3%
Verus Securitization Trust 2021-40.938% 07/25/20660.3%
Imperial Brands Finance PLC3.500% 02/11/20230.3%
SA Global Sukuk Ltd0.946% 06/17/20240.3%
Pagaya AI Debt Trust 2022-12.030% 10/15/20290.3%
Sumitomo Mitsui Financial Group Inc2.784% 07/12/20220.3%
Citigroup Inc1.218% 04/25/20220.3%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.875% 01/16/20240.3%
Honda Auto Receivables 2020-3 Owner Trust0.370% 10/18/20240.3%
BMW Finance NV1.185% 08/12/20220.3%
DNB Bank ASA1.124% 12/02/20220.3%
Bank of America Corp0.773% 02/04/20250.3%
Thermo Fisher Scientific Inc0.440% 04/18/20230.3%
Ready Capital Mortgage Financing 2021-FL5 LLC1.457% 04/25/20380.3%
COLT 2021-2 Mortgage Loan Trust0.924% 08/25/20660.3%
American Express Co1.100% 05/20/20220.3%
NatWest Group PLC5.125% 05/28/20240.3%
General Motors Financial Co Inc0.710% 10/15/20240.3%
International Flavors & Fragrances Inc0.000% 05/04/20220.3%
Santander Retail Auto Lease Trust 2022-A0.970% 03/20/20250.3%
Volkswagen Auto Lease Trust 2020-A0.390% 01/22/20240.3%
Glencore Funding LLC4.125% 03/12/20240.3%
CSMC 2021-NQM5 Trust0.938% 05/25/20660.3%
BXHPP Trust 2021-FILM1.047% 08/15/20360.3%
CenterPoint Energy Inc0.764% 05/13/20240.3%
Saudi Electricity Global Sukuk Co 23.473% 04/08/20230.3%
Standard Chartered PLC3.950% 01/11/20230.3%
Freddie Mac STACR REMIC Trust 2022-DNA11.099% 01/25/20420.3%
General Motors Financial Co Inc0.000% 11/17/20230.3%
Becton Dickinson and Co1.613% 06/06/20220.3%
Standard Chartered PLC1.319% 10/14/20230.3%
Hyundai Capital America2.375% 02/10/20230.3%
Westpac Banking Corp0.634% 01/13/20230.3%
Pagaya AI Debt Selection Trust 2021-11.180% 11/15/20270.3%
SCF Equipment Leasing 2021-1 LLC0.420% 08/20/20260.3%
Atrium IX1.956% 05/28/20300.3%
LFT CRE 2021-FL1 Ltd2.147% 06/15/20390.3%
Intesa Sanpaolo SpA3.375% 01/12/20230.3%
NatWest Markets PLC1.734% 03/22/20250.3%
Invitation Homes Operating Partnership LP1.468% 01/31/20250.3%
Magallanes Inc0.000% 12/02/20220.3%
Madison Park Funding XVII Ltd1.255% 07/21/20300.3%
GS Mortgage Securities Corp Trust 2021-ROSS1.547% 05/15/20260.3%
Boeing Co/The1.167% 02/04/20230.3%
Tesla Auto Lease Trust 2021-A0.560% 03/20/20250.3%
FMC Corp0.000% 04/01/20220.3%
Barings CLO Ltd 2019-III1.324% 04/20/20310.2%
General Motors Financial Co Inc5.100% 01/17/20240.2%
TICP CLO XIV Ltd1.334% 10/20/20320.2%
Barclays PLC4.338% 05/16/20240.2%
Avolon Holdings Funding Ltd5.250% 05/15/20240.2%
LMREC 2021-CRE4 LLC1.497% 04/22/20370.2%
General Motors Co5.400% 10/02/20230.2%
Goldman Sachs Group Inc/The0.673% 03/08/20240.2%
Connecticut Avenue Securities Trust 2022-R011.099% 12/25/20410.2%
CPS Auto Receivables Trust 2021-D0.610% 10/15/20250.2%
American Express Co1.089% 03/04/20250.2%
Hilton Orlando Trust 2018-ORL1.317% 12/15/20340.2%
KREF 2021-FL2 Ltd1.467% 02/15/20390.2%
Deephaven Residential Mortgage Trust 2021-31.194% 08/25/20660.2%
New York Life Global Funding0.678% 07/12/20220.2%
American Express Co2.500% 08/01/20220.2%
Cedar Funding XI Clo Ltd1.558% 05/29/20320.2%
NextEra Energy Capital Holdings Inc0.504% 11/03/20230.2%
BPCE SA5.150% 07/21/20240.2%
Credit Suisse AG/New York NY2.800% 04/08/20220.2%
Bank of America Corp2.881% 04/24/20230.2%
International Flavors & Fragrances Inc0.000% 05/18/20220.2%
Volkswagen Group of America Finance LLC0.750% 11/23/20220.2%
BRAVO Residential Funding Trust 2021-NQM20.970% 03/25/20600.2%
Intesa Sanpaolo SpA5.250% 01/12/20240.2%
Dominion Energy Inc1.356% 09/15/20230.2%
UBS AG5.125% 05/15/20240.2%
Tapestry Inc3.000% 07/15/20220.2%
Avolon TLB Borrower 1 US LLC2.500% 01/15/20250.2%
Voya CLO 2019-3 Ltd1.321% 10/17/20320.2%
OneMain Direct Auto Receivables Trust 2021-10.870% 07/14/20280.2%
Connecticut Avenue Securities Trust 2022-R021.299% 01/25/20420.2%
American Electric Power Co Inc0.797% 11/01/20230.2%
Standard Chartered PLC1.339% 10/14/20230.2%
OneMain Direct Auto Receivables Trust 2021-11.260% 07/14/20280.2%
ONE Gas Inc1.355% 03/11/20230.2%
Comision Federal de Electricidad4.875% 01/15/20240.2%
COLT 2021-3 Mortgage Loan Trust0.956% 09/27/20660.2%
Enbridge Inc0.751% 02/16/20240.2%
Thermo Fisher Scientific Inc0.480% 10/18/20230.2%
Danske Bank A/S1.171% 12/08/20230.2%
Freddie Mac STACR REMIC Trust 2021-HQA41.049% 12/25/20410.2%
Standard Chartered PLC5.200% 01/26/20240.2%
Australia & New Zealand Banking Group Ltd0.971% 11/21/20220.2%
Marlette Funding Trust 2021-31.300% 12/15/20310.2%
GLS Auto Receivables Issuer Trust 2021-30.780% 11/17/20250.2%
Cigna Corp1.131% 07/15/20230.2%
CPS Auto Receivables Trust 2022-A0.980% 04/16/20290.2%
Cleco Power LLC1.326% 06/15/20230.2%
CSMC 2021-NQM71.756% 10/25/20660.2%
Apidos CLO XXXI1.341% 04/15/20310.2%
Bank of America Corp3.300% 01/11/20230.2%
NatWest Group PLC4.519% 06/25/20240.2%
Atalaya Equipment Leasing Trust 21-11.230% 05/15/20260.2%
Magallanes Inc0.000% 06/04/20240.2%
Seminole Tribe of Florida Inc2.207% 07/08/20240.2%
Volkswagen Auto Lease Trust 2020-A0.270% 04/20/20230.2%
Westlake Automobile Receivables Trust 2021-21.230% 12/15/20260.2%
Rad CLO 1 Ltd1.221% 07/15/20310.2%
Aqua Finance Trust 2021-A1.540% 07/17/20460.2%
Diageo Investment Corp8.000% 09/15/20220.2%
Charter Communications Operating LLC / Charter Communications Operating Capital1.967% 02/01/20240.2%
Fannie Mae Connecticut Avenue Securities0.999% 11/25/20410.2%
Freddie Mac STACR REMIC Trust 2021-DNA60.899% 10/25/20410.2%
Atmos Energy Corp1.023% 03/09/20230.2%
AT&T Inc0.917% 03/25/20240.2%
BPCE SA0.665% 01/14/20250.2%
Hyundai Auto Lease Securitization Trust 2020-B0.510% 09/15/20230.2%
Goldman Sachs Group Inc/The1.259% 07/24/20230.2%
Hyatt Hotels Corp1.133% 10/01/20230.2%
Octagon Loan Funding Ltd1.668% 11/18/20310.2%
Hertz Vehicle Financing LLC1.210% 12/26/20250.2%
Macquarie Group Ltd1.528% 11/28/20230.2%
Dell International LLC / EMC Corp5.450% 06/15/20230.2%
Santander Consumer Auto Receivables Trust 2021-A0.330% 10/15/20250.2%
Tesla Auto Lease Trust 2019-A2.160% 10/20/20220.2%
GLS Auto Receivables Trust0.770% 09/15/20250.2%
Barclays Bank PLC1.700% 05/12/20220.2%
Lennar Corp4.750% 11/15/20220.2%
Carlyle Global Market Strategies CLO 2015-1 Ltd1.234% 07/20/20310.2%
MFA 2021-NQM2 Trust1.029% 11/25/20640.2%
Navient Private Education Refi Loan Trust 2021-F1.110% 02/18/20700.2%
Angel Oak Mortgage Trust 2021-61.458% 09/25/20660.2%
CIFC Funding 2021-IV Ltd1.291% 07/15/20330.2%
KIND Trust 2021-KIND1.347% 08/15/20380.2%
AMERICAN TOWER CORPORATION0.016% 12/08/20230.2%
GS Mortgage Securities Corp Trust 2021-RENT1.149% 11/21/20350.2%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.500% 09/15/20230.2%
GLS Auto Receivables Issuer Trust 2021-31.110% 09/15/20260.2%
Glencore Finance Canada Ltd4.250% 10/25/20220.2%
PFS Financing Corp0.930% 08/15/20240.2%
Park Aerospace Holdings Ltd5.500% 02/15/20240.2%
GM Financial Automobile Leasing Trust 2020-30.450% 08/21/20230.2%
Credit Suisse Group AG4.207% 06/12/20240.2%
Santander Retail Auto Lease Trust 2021-A0.920% 03/20/20260.2%
Goldman Sachs Group Inc/The1.601% 03/15/20240.2%
Encina Equipment Finance 2021-1 LLC0.740% 12/15/20260.1%
Leidos Inc0.000% 04/07/20220.1%
Eastman Chemical Co0.000% 04/06/20220.1%
Verus Securitization Trust 2021-51.013% 09/25/20660.1%
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand4.125% 11/09/20220.1%
Morgan Stanley1.659% 10/24/20230.1%
Motel Trust 2021-MTL61.297% 09/15/20380.1%
John Deere Capital Corp1.293% 06/13/20220.1%
Goldman Sachs Group Inc/The0.794% 01/24/20250.1%
NatWest Markets PLC0.644% 08/12/20240.1%
Truist Bank0.913% 03/09/20230.1%
CBAM 2019-9 Ltd1.518% 02/12/20300.1%
Avolon Holdings Funding Ltd5.125% 10/01/20230.1%
Molson Coors Beverage Co0.000% 04/01/20220.1%
Ford Credit Auto Owner Trust 2020-C0.250% 09/15/20230.1%
BP Capital Markets PLC2.500% 11/06/20220.1%
Navient Private Education Refi Loan Trust 2020-E1.690% 05/15/20690.1%
Pelabuhan Indonesia III Persero PT4.500% 05/02/20230.1%
Honeywell International Inc0.709% 08/08/20220.1%
HGI CRE CLO 2021-FL1 Ltd1.481% 06/16/20360.1%
WFRBS Commercial Mortgage Trust 2012-C73.431% 06/15/20450.1%
Pacific Gas and Electric Co1.367% 03/10/20230.1%
Nasdaq Inc0.445% 12/21/20220.1%
Tesla Auto Lease Trust 2021-A1.020% 03/20/20250.1%
Hawaiian Electric Industries Inc0.000% 04/05/20220.1%
Ally Financial Inc4.625% 05/19/20220.1%
Saudi Electricity Global Sukuk Co 34.000% 04/08/20240.1%
GLS Auto Receivables Trust1.080% 06/15/20260.1%
Santander Retail Auto Lease Trust 2021-C0.500% 03/20/20250.1%
Carvana Auto Receivables Trust 2021-N11.090% 01/10/20280.1%
Mercedes-Benz Auto Lease Trust 2020-B0.400% 11/15/20230.1%
Credit Suisse Group AG2.997% 12/14/20230.1%
Standard Chartered PLC3.885% 03/15/20240.1%
Bank of America Corp2.816% 07/21/20230.1%
Connecticut Avenue Securities Trust 2021-R010.849% 10/25/20410.1%
Brighthouse Financial Global Funding0.848% 04/12/20240.1%
Simon Property Group LP0.517% 01/11/20240.1%
Nationwide Building Society3.766% 03/08/20240.1%
Intercontinental Exchange Inc2.350% 09/15/20220.1%
BX Commercial Mortgage Trust 2021-VINO1.049% 05/15/20380.1%
Glencore Funding LLC4.125% 05/30/20230.1%
Hyundai Capital America3.250% 09/20/20220.1%
CSMC 2021-NQM41.101% 05/25/20660.1%
Drive Auto Receivables Trust 2021-10.440% 11/15/20240.1%
DBCG 2017-BBG Mortgage Trust1.097% 06/15/20340.1%
Magallanes Inc1.991% 03/15/20240.1%
Citigroup Global Markets Holdings Inc/United States0.750% 06/07/20240.1%
First Abu Dhabi Bank PJSC1.189% 04/16/20220.1%
BPCE SA2.043% 09/12/20230.1%
GSK Consumer Healthcare Capital US LLC1.167% 03/24/20240.1%
Dell Equipment Finance Trust 2021-20.330% 12/22/20260.1%
Lending Funding Trust 2020-22.320% 04/21/20310.1%
Regatta VIII Funding Ltd1.491% 10/17/20300.1%
ANZ New Zealand Int'l Ltd/London0.723% 02/18/20250.1%
International Flavors & Fragrances Inc0.000% 05/06/20220.1%
NextEra Energy Capital Holdings Inc0.683% 03/01/20230.1%
Morgan Stanley4.875% 11/01/20220.1%
Angel Oak Mortgage Trust 2021-71.978% 10/25/20660.1%
FS RIALTO1.651% 05/16/20380.1%
Sumitomo Mitsui Financial Group Inc1.018% 07/12/20220.1%
Tricolor Auto Securitization Trust 2021-10.740% 04/15/20240.1%
CenterPoint Energy Resources Corp1.004% 03/02/20230.1%
Riserva Clo Ltd1.301% 01/18/20340.1%
Flatiron Clo 17 Ltd1.486% 05/15/20300.1%
VNDO 2012-6AVE Mortgage Trust2.996% 11/15/20300.1%
First-Citizens Bank & Trust Co3.929% 06/19/20240.1%
Signal Peak CLO 5 Ltd1.368% 04/25/20310.1%
Angel Oak Mortgage Trust 2021-31.068% 05/25/20660.1%
Goldman Sachs Group Inc/The2.908% 06/05/20230.1%
Macquarie Group Ltd4.150% 03/27/20240.1%
Saudi Arabian Oil Co2.875% 04/16/20240.1%
Pertamina Persero PT4.875% 05/03/20220.1%
Aviation Capital Group LLC4.375% 01/30/20240.1%
Santander Retail Auto Lease Trust 2021-C0.290% 04/22/20240.1%
Intesa Sanpaolo SpA3.125% 07/14/20220.1%
Ooredoo International Finance Ltd3.250% 02/21/20230.1%
GLS Auto Receivables Issuer Trust 2021-10.820% 04/15/20250.1%
Canadian Imperial Bank of Commerce2.606% 07/22/20230.1%
Carvana Auto Receivables Trust 2020-P10.440% 06/09/20250.1%
First Investors Auto Owner Trust 2021-20.480% 03/15/20270.1%
Freddie Mac STACR REMIC Trust 2021-HQA30.949% 09/25/20410.1%
General Motors Financial Co Inc2.306% 06/30/20220.1%
NVR Inc3.950% 09/15/20220.1%
Hyundai Capital America1.250% 09/18/20230.1%
Santander Drive Auto Receivables Trust 2021-20.900% 06/15/20260.1%
Benefit Street Partners CLO V-B Ltd1.344% 04/20/20310.1%
GS Mortgage Securities Corp Trust 2018-HULA1.317% 07/15/20250.1%
TCW CLO 2022-1 Ltd0.000% 04/22/20330.1%
Citizens Bank NA/Providence RI1.933% 03/29/20230.1%
Avery Point VI CLO Ltd1.215% 08/05/20270.1%
Eastman Chemical Co0.000% 04/01/20220.1%
Fondo MIVIVIENDA SA3.500% 01/31/20230.1%
American Electric Power Co Inc0.000% 04/27/20220.1%
Hyundai Capital America5.750% 04/06/20230.1%
GLS Auto Receivables Issuer Trust 2021-11.200% 01/15/20270.1%
Carmax Auto Owner Trust 2019-22.680% 03/15/20240.1%
Great Wolf Trust 2019-WOLF1.431% 12/15/20360.1%
Monongahela Power Co4.100% 04/15/20240.1%
Octane Receivables Trust 2021-10.930% 03/22/20270.1%
General Motors Financial Co Inc3.700% 05/09/20230.1%
Jackson National Life Global Funding1.696% 06/27/20220.1%
Hyundai Capital America3.400% 06/20/20240.1%
Viatris Inc1.125% 06/22/20220.1%
Thermo Fisher Scientific Inc0.620% 10/18/20240.1%
Bayer US Finance II LLC1.836% 12/15/20230.1%
GM Financial Consumer Automobile Receivables Trust 2020-40.260% 11/16/20230.1%
Chesapeake Funding II LLC0.877% 01/15/20310.1%
Freddie Mac Structured Agency Credit Risk Debt Notes0.899% 08/25/20330.1%
Rad CLO 7 Ltd1.441% 04/17/20330.1%
GreatAmerica Leasing Receivables Funding LLC Series 2021-21.040% 09/15/20270.1%
Drive Auto Receivables Trust 2021-20.360% 05/15/20240.1%
Danske Bank A/S3.875% 09/12/20230.1%
Freddie Mac STACR REMIC Trust 2021-DNA30.849% 10/25/20330.1%
Santander Consumer Auto Receivables Trust 2020-B0.460% 08/15/20240.1%
World Omni Automobile Lease Securitization Trust 2020-B0.320% 09/15/20230.1%
OHA Credit Funding 2 LTD1.405% 04/21/20340.1%
Enel Finance America LLC0.000% 04/18/20220.1%
Marlette Funding Trust 2021-21.060% 09/15/20310.1%
TICP CLO VI 2016-2 Ltd1.361% 01/15/20340.1%
Santander UK Group Holdings PLC1.089% 03/15/20250.1%
BFLD 2019-DPLO1.487% 10/15/20340.1%
Hertz Vehicle Financing III LLC1.990% 06/25/20260.1%
Danske Bank A/S1.226% 06/22/20240.1%
Avid Automobile Receivables Trust 2021-10.610% 01/15/20250.1%
Air Lease Corp3.000% 09/15/20230.1%
Carvana Auto Receivables Trust 2022-N13.210% 12/11/20280.1%
BDS 2020-FL5 LTD1.314% 02/16/20370.1%
BBCMS 2017-DELC Mortgage Trust1.247% 08/15/20360.1%
Foursight Capital Automobile Receivables Trust 2021-20.810% 05/15/20260.1%
Volkswagen Group of America Finance LLC2.900% 05/13/20220.1%
Freddie Mac STACR REMIC Trust 2021-HQA10.799% 08/25/20330.1%
Dell Equipment Finance Trust 2021-20.810% 12/22/20260.1%
Hyundai Capital America0.800% 04/03/20230.1%
Florida Gas Transmission Co LLC3.875% 07/15/20220.1%
Viatris Inc0.000% 04/01/20220.1%
CommonSpirit Health0.000% 04/13/20220.1%
International Flavors & Fragrances Inc0.697% 09/15/20220.1%
Flagship Credit Auto Trust 2021-20.930% 06/15/20270.1%
Wind River 2016-2 CLO Ltd1.507% 11/01/20310.1%
Arivo Acceptance Auto Loan Receivables Trust 2021-11.190% 01/15/20270.1%
BX Commercial Mortgage Trust 2020-VKNG1.327% 10/15/20370.1%
Morgan Stanley0.731% 04/05/20240.1%
Westlake Automobile Receivables Trust 2020-20.930% 02/15/20240.1%
Avolon Holdings Funding Ltd3.950% 07/01/20240.1%
BMW US Capital LLC0.856% 04/06/20220.1%
Roper Technologies Inc0.450% 08/15/20220.1%
AstraZeneca PLC1.323% 06/10/20220.1%
Marlette Funding Trust 2021-11.000% 06/16/20310.1%
Barclays PLC4.375% 09/11/20240.1%
National Bank of Canada2.150% 10/07/20220.1%
Freddie Mac STACR REMIC Trust 2021-HQA20.799% 12/25/20330.1%
Marlette Funding Trust 2020-22.830% 09/16/20300.1%
Encina Equipment Finance 2021-1 LLC0.500% 09/15/20250.1%
Aviation Capital Group LLC3.875% 05/01/20230.1%
UBS Group AG1.456% 08/15/20230.1%
BPCE SA4.625% 07/11/20240.1%
Aircastle Ltd4.400% 09/25/20230.1%
Dell Equipment Finance Trust 2020-20.470% 10/24/20220.1%
Jersey Central Power & Light Co4.700% 04/01/20240.1%
GM Financial Consumer Automobile Receivables Trust 2019-22.650% 02/16/20240.0%
Cigna Corp0.000% 04/25/20220.0%
Exeter Automobile Receivables Trust 2021-30.340% 01/16/20240.0%
Avis Budget Rental Car Funding AESOP LLC2.360% 03/20/20260.0%
Verus Securitization Trust 2021-51.218% 09/25/20660.0%
Triton Container International Ltd0.800% 08/01/20230.0%
AstraZeneca PLC1.134% 08/17/20230.0%
CANADIAN NATURAL RESOU0.000% 04/07/20220.0%
Dell Equipment Finance Trust 2021-20.940% 12/22/20260.0%
Hyundai Auto Lease Securitization Trust 2021-A0.250% 04/17/20230.0%
RR 3 Ltd1.329% 01/15/20300.0%
HGI CRE CLO 2021-FL1 Ltd2.031% 06/16/20360.0%
Kinder Morgan Inc3.150% 01/15/20230.0%
Dell Equipment Finance Trust 2021-21.210% 06/22/20270.0%
Nissan Auto Receivables 2019-A Owner Trust2.900% 10/16/20230.0%
Citigroup Inc0.958% 10/27/20220.0%
GM Financial Consumer Automobile Receivables Trust 2021-10.230% 11/16/20230.0%
Citigroup Inc2.700% 10/27/20220.0%
HGI CRE CLO 2021-FL1 Ltd1.831% 06/16/20360.0%
Boeing Co/The2.700% 05/01/20220.0%
American Express Co1.158% 02/27/20230.0%
Abu Dhabi National Energy Co PJSC3.625% 01/12/20230.0%
BBVA Bancomer SA/Texas4.375% 04/10/20240.0%
Santander Consumer Auto Receivables Trust 2021-A0.230% 11/15/20230.0%
Marlette Funding Trust 2021-10.600% 06/16/20310.0%
Honda Auto Receivables 2020-3 Owner Trust0.270% 02/21/20230.0%
Capital One NA2.150% 09/06/20220.0%
OGE Energy Corp0.703% 05/26/20230.0%
Theorem Funding Trust 2021-11.210% 12/15/20270.0%
Park Aerospace Holdings Ltd5.250% 08/15/20220.0%
Amur Equipment Finance Receivables VII LLC2.630% 06/20/20240.0%
ABN AMRO Bank NV6.250% 04/27/20220.0%
GLS Auto Receivables Issuer Trust 2019-32.720% 06/17/20240.0%
Humana Inc0.017% 05/28/20240.0%
Park Aerospace Holdings Ltd4.500% 03/15/20230.0%
Toyota Auto Receivables 2020-D Owner Trust0.230% 05/15/20230.0%
Nationwide Building Society3.622% 04/26/20230.0%
General Motors Financial Co Inc1.199% 01/05/20230.0%
Exelon Corp3.497% 06/01/20220.0%
CarMax Auto Owner Trust 2020-21.700% 11/15/20240.0%
Toyota Auto Receivables 2019-A Owner Trust2.910% 07/17/20230.0%
Citigroup Inc1.953% 09/01/20230.0%
Carmax Auto Owner Trust 2019-13.050% 03/15/20240.0%
ARI Fleet Lease Trust 2020-A1.770% 08/15/20280.0%
Danske Bank A/S1.863% 09/12/20230.0%
Citizens Bank NA/Providence RI1.318% 05/26/20220.0%
Drive Auto Receivables Trust 2019-32.900% 08/15/20250.0%
Freed ABS Trust 2020-1CP0.660% 03/20/20280.0%
UniCredit SpA3.750% 04/12/20220.0%
Indonesia Asahan Aluminium Persero PT5.710% 11/15/20230.0%
Metropolitan Edison Co3.500% 03/15/20230.0%
World Omni Auto Receivables Trust 2019-B2.590% 07/15/20240.0%
Banco BBVA Peru SA5.000% 08/26/20220.0%
Bermuda Government International Bond4.854% 02/06/20240.0%
JPMorgan Chase & Co1.158% 04/25/20230.0%
CPS Auto Receivables Trust 2020-C1.010% 01/15/20250.0%
Tesla Auto Lease Trust 2020-A0.550% 05/22/20230.0%
Freddie Mac STACR REMIC Trust 2021-DNA50.749% 01/25/20340.0%
Flagship Credit Auto Trust 2020-21.490% 07/15/20240.0%
Drive Auto Receivables Trust4.090% 01/15/20260.0%
SCF Equipment Leasing 2019-2 LLC2.220% 06/20/20240.0%
Toyota Auto Receivables 2018-D Owner Trust3.180% 03/15/20230.0%
Amur Equipment Finance Receivables VI LLC3.890% 07/20/20220.0%

Dividends & Cap Gains

Dividends & Cap Gains

DIVIDEND PAYMENTS

DIVIDEND PAYMENTS

For
YTD Dividends Paidas of 05/17/2022
$0.023
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 04/30/2022 $0.00746 $9.88
Daily Daily 03/31/2022 $0.00594 $9.90
Daily Daily 02/28/2022 $0.00560 $9.95
Daily Daily 01/31/2022 $0.00467 $9.98

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 05/31/2022
Daily Daily 06/30/2022
Daily Daily 07/31/2022
Daily Daily 08/31/2022
Daily Daily 09/30/2022
Daily Daily 10/31/2022
Daily Daily 11/30/2022
Daily Daily 12/31/2022

CAPITAL GAINS DISTRIBUTIONS

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/14/2017 12/15/2017 - $0.0003 $0.0003 $10.01

Upcoming Capital Gain Distribution

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
12/19/2022 12/20/2022

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 04/30/2022

0.28%

Fund Documents

Fund Documents

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

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

To order literature visit full website

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

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

 
 Quantity
Quantity
 Remove
Remove

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

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

Barron's Fund Family Rankings are awarded annually.

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

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

+

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

The Ultra Short Bond Fund’s 7 Day Yield are shown with and without sales charges and with maximum sales charges. The Fund’s 7 Day 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.

 

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 7 Day Yield is shown without sales charges. The Fund’s Subsidized 7 Day Yield takes into account any fee waiver or expense limitation arrangements, if any. Without such fee waivers or expense limitation arrangements, the Fund’s 7 Day 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.

 

 

4The Ultra Short Bond Fund's 7 Day Yield is computed by averaging daily income dividends declared (net of expenses) in the Fund over the previous 7 days, and dividing that annualized rate by the Fund’s NAV.  This is a rolling calculation, updated daily. 

 

5

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

6

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

 

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 investing 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 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. Debt securities are subject to credit risk, which is the risk that the issuer will fail to make timely payments of interest and principal to the Fund. 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. Although the Fund may invest in money market securities, this is not a money market fund. These factors can affect Fund performance. As it is a newly organized fund, the Fund’s performance at this time is very limited. The Fund's 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.

 

 

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.

 

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

 

The ICE BofA ML U.S. Treasury Bill Index tracks the performance of US dollar denominated US Treasury Bills publicly issued in the US domestic market. Qualifying securities must have at least one month remaining term to final maturity and a minimum amount outstanding of $1 billion. The benchmark has not been examined by Deloitte & Touche LLP. 
 

Source: ICE Data Indices, LLC. 

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

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