Ultra Short Bond Fund
Daily price w/o sales charge as of 12/01/2023
$9.93
$0.01
YTD Returns w/o sales charge as of 12/01/2023
5.17%
Summary
Summary
Yield
Average Yield to Maturity as of 10/31/2023 |
6.41% |
30-Day Standardized Yield 1 as of 10/31/2023 |
5.32% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
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 10/31/2023
- Total Net Assets
- $8.87 B
- Inception Date
- 10/17/2016
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.43%
- Fund Net Expense Ratio
- 0.43%
- Number of Holdings
- 309
- Minimum Initial Investment
- $1,500+
Fund Expense Ratio :
0.43%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 5.05% | 5.55% | 1.59% | 1.78% | - | 1.71% |
Lipper Category Avg. Ultra-Short Obligations Funds | - | - | - | - | - | - |
ICE BofA U.S. Treasury Bill Index | 4.59% | 4.99% | 1.98% | 1.84% | - | 1.65% |
w/ sales charge | 5.05% | 5.55% | 1.59% | 1.78% | - | 1.71% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
0.43%
Fund Expense Ratio :
0.43%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 3.91% | 5.01% | 1.25% | 1.60% | - | 1.59% |
Lipper Category Avg. Ultra-Short Obligations Funds | 3.96% | 4.94% | 1.48% | 1.77% | - | - |
ICE BofA U.S. Treasury Bill Index | 3.64% | 4.53% | 1.67% | 1.73% | - | 1.56% |
w/ sales charge | 3.91% | 5.01% | 1.25% | 1.60% | - | 1.59% |
Fund Expense Ratio :
0.43%
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 | |
Corp Floating | |
ABS | |
Commercial Paper | |
CLO | |
U.S. Government Related | |
CMBS | |
Bank Loans | |
MBS | |
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 10/31/2023 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




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Performance
Performance
NAV HISTORICAL PRICES
Date | Net Asset Value |
---|
Fund Expense Ratio :
Gross 0.43%
Net 0.43%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 5.05% | 5.55% | 1.59% | 1.78% | - | 1.71% |
Lipper Category Avg. Ultra-Short Obligations Funds | - | - | - | - | - | - |
ICE BofA U.S. Treasury Bill Index | 4.59% | 4.99% | 1.98% | 1.84% | - | 1.65% |
w/ sales charge | 5.05% | 5.55% | 1.59% | 1.78% | - | 1.71% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 0.43%
Net 0.43%
Fund Expense Ratio :
Gross 0.43%
Net 0.43%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/17/2016 |
---|
w/o sales charge | 3.91% | 5.01% | 1.25% | 1.60% | - | 1.59% |
Lipper Category Avg. Ultra-Short Obligations Funds | 3.96% | 4.94% | 1.48% | 1.77% | - | - |
ICE BofA U.S. Treasury Bill Index | 3.64% | 4.53% | 1.67% | 1.73% | - | 1.56% |
Fund Expense Ratio :
Gross 0.43%
Net 0.43%
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 |
---|
2022 | -0.11% | 1.34% |
2021 | -0.10% | 0.05% |
2020 | 1.11% | 0.74% |
2019 | 2.83% | 2.35% |
2018 | 1.93% | 1.88% |
2017 | 1.42% | 0.82% |
2016 | 0.15% | 0.37% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2023 | 1.43% | 1.06% | 1.38% | - | 5.17% |
2022 | -0.78% | -0.56% | 0.18% | 1.06% | -0.11% |
2021 | -0.02% | 0.09% | 0.00% | -0.17% | -0.10% |
2020 | -1.35% | 2.14% | 0.25% | 0.09% | 1.11% |
2019 | 0.86% | 0.74% | 0.59% | 0.62% | 2.83% |
2018 | 0.32% | 0.53% | 0.66% | 0.40% | 1.93% |
2017 | 0.35% | 0.39% | 0.33% | 0.35% | 1.42% |
2016 | - | - | - | - | 0.15% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
GROWTH OF $10,000 as of 10/31/2023
The chart begins on the Fund's inception date of 10/17/2016.
Based on a hypothetical Class A share investment of $10,000 on 10/17/2016 without sales charge and includes the reinvestment of all distributions.
Portfolio
Portfolio
Type | Assets |
---|---|
Corp Fixed Rate | |
Corp Floating | |
ABS | |
Commercial Paper | |
CLO | |
U.S. Government Related | |
CMBS | |
Bank Loans | |
MBS | |
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 10/31/2023
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 10/31/2023
- Total Net Assets
- $8.87 B
- Average Effective Duration
- 0.7 Years
- Average Life
- 0.94 Years
- Number of Issues
- 309
- Average Yield to Maturity
- 6.41%
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 |
---|
United States Treasury Bill | 0.000% | 01/09/2024 | 3.1% |
HSBC Holdings PLC | 3.803% | 03/11/2025 | 1.3% |
NatWest Group PLC | 4.269% | 03/22/2025 | 1.3% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.2% |
Marathon Oil Corp | 0.000% | 11/13/2023 | 1.1% |
Hyundai Capital America | 0.800% | 01/08/2024 | 1.1% |
Bayer Corp | 0.000% | 07/08/2024 | 1.1% |
Charter Communications Operating LLC | 7.074% | 04/30/2025 | 1.1% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.1% |
Morgan Stanley | 5.766% | 01/25/2024 | 1.1% |
Holding | Coupon | Maturity | Assets |
---|
United States Treasury Bill | 0.000% | 01/09/2024 | 3.1% |
HSBC Holdings PLC | 3.803% | 03/11/2025 | 1.3% |
NatWest Group PLC | 4.269% | 03/22/2025 | 1.3% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.2% |
Marathon Oil Corp | 0.000% | 11/13/2023 | 1.1% |
Hyundai Capital America | 0.800% | 01/08/2024 | 1.1% |
Bayer Corp | 0.000% | 07/08/2024 | 1.1% |
Charter Communications Operating LLC | 7.074% | 04/30/2025 | 1.1% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.1% |
Morgan Stanley | 5.766% | 01/25/2024 | 1.1% |
Danske Bank A/S | 5.375% | 01/12/2024 | 1.0% |
United States Treasury Note/Bond | 4.250% | 05/31/2025 | 1.0% |
Macquarie Group Ltd | 6.207% | 11/22/2024 | 1.0% |
AT&T Inc | 0.000% | 12/19/2023 | 0.9% |
Citigroup Inc | 3.352% | 04/24/2025 | 0.9% |
Crown Castle Inc | 0.000% | 11/02/2023 | 0.9% |
Ovintiv Inc | 0.000% | 11/20/2023 | 0.8% |
UniCredit SpA | 7.830% | 12/04/2023 | 0.8% |
JPMorgan Chase & Co | 5.546% | 12/15/2025 | 0.8% |
Brookfield Infrastructure Holdings Canada Inc | 0.000% | 11/02/2023 | 0.8% |
Bank of Ireland Group PLC | 4.500% | 11/25/2023 | 0.8% |
United States Treasury Note/Bond | 5.000% | 08/31/2025 | 0.8% |
Charter Communications Operating LLC / Charter Communications Operating Capital | 7.284% | 02/01/2024 | 0.7% |
Goldman Sachs Group Inc/The | 5.797% | 10/21/2024 | 0.7% |
Toronto-Dominion Bank/The | 4.285% | 09/13/2024 | 0.7% |
Westlake Automobile Receivables Trust 2021-1 | 0.950% | 03/16/2026 | 0.7% |
Octagon Investment Partners 30 Ltd | 6.664% | 03/17/2030 | 0.7% |
NextEra Energy Capital Holdings Inc | 5.740% | 11/03/2023 | 0.7% |
CommonSpirit Health | 0.000% | 01/04/2024 | 0.6% |
AES Corp/The | 0.000% | 11/06/2023 | 0.6% |
Standard Chartered PLC | 5.200% | 01/26/2024 | 0.6% |
Madison Park Funding XI Ltd | 6.574% | 07/23/2029 | 0.6% |
Glencore Funding LLC | 4.625% | 04/29/2024 | 0.6% |
Morgan Stanley | 3.620% | 04/17/2025 | 0.6% |
Bank of Montreal | 6.038% | 03/08/2024 | 0.6% |
Morgan Stanley | 5.935% | 01/24/2025 | 0.6% |
Targa Resources Corp | 0.000% | 11/03/2023 | 0.6% |
BlueMountain Fuji US Clo I Ltd | 6.657% | 07/20/2029 | 0.6% |
Santander UK Group Holdings PLC | 4.796% | 11/15/2024 | 0.6% |
GE HealthCare Technologies Inc | 5.550% | 11/15/2024 | 0.6% |
CommonSpirit Health | 0.000% | 11/16/2023 | 0.6% |
UBS Group AG | 3.750% | 03/26/2025 | 0.6% |
Jackson National Life Global Funding | 6.460% | 06/28/2024 | 0.6% |
Ford Credit Auto Lease Trust 2023-A | 4.940% | 03/15/2026 | 0.5% |
JPMorgan Chase & Co | 2.301% | 10/15/2025 | 0.5% |
Madison Park Funding XVII Ltd | 6.674% | 07/21/2030 | 0.5% |
DLLAA 2023-1 LLC | 5.930% | 07/20/2026 | 0.5% |
Bayer Corp | 0.000% | 07/09/2024 | 0.5% |
Bank of America Corp | 5.999% | 02/04/2025 | 0.5% |
NUTRITION BIOSCIENCES INC | 0.070% | 02/01/2024 | 0.5% |
GA Global Funding Trust | 6.675% | 04/11/2025 | 0.5% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.875% | 01/16/2024 | 0.5% |
Bank of Nova Scotia/The | 5.250% | 12/06/2024 | 0.5% |
Wells Fargo Bank NA | 6.398% | 08/07/2026 | 0.5% |
Ford Credit Auto Owner Trust 2018-REV1 | 3.190% | 07/15/2031 | 0.5% |
General Motors Financial Co Inc | 5.932% | 10/15/2024 | 0.5% |
AmeriCredit Automobile Receivables Trust 2023-2 | 6.190% | 04/19/2027 | 0.5% |
State Street Corp | 6.185% | 08/03/2026 | 0.5% |
Bank of Nova Scotia/The | 6.400% | 06/12/2025 | 0.5% |
TransCanada PipeLines Ltd | 6.848% | 03/09/2026 | 0.5% |
Goldman Sachs Group Inc/The | 6.402% | 08/10/2026 | 0.5% |
BNP Paribas SA | 4.705% | 01/10/2025 | 0.5% |
CenterPoint Energy Inc | 5.987% | 05/13/2024 | 0.5% |
Citibank NA | 6.127% | 09/29/2025 | 0.5% |
Galaxy XIX CLO Ltd | 6.610% | 07/24/2030 | 0.5% |
Bank of Montreal | 6.273% | 09/25/2025 | 0.5% |
Royal Bank of Canada | 6.387% | 07/20/2026 | 0.5% |
Toronto-Dominion Bank/The | 6.391% | 07/17/2026 | 0.5% |
Danske Bank A/S | 6.466% | 01/09/2026 | 0.5% |
Nissan Auto Lease Trust 2023-B | 5.690% | 07/15/2026 | 0.5% |
UBS Group AG | 2.593% | 09/11/2025 | 0.5% |
Bank of America Corp | 3.093% | 10/01/2025 | 0.5% |
General Motors Financial Co Inc | 6.535% | 11/17/2023 | 0.5% |
Swedbank AB | 6.706% | 06/15/2026 | 0.5% |
Hyundai Capital America | 6.489% | 08/04/2025 | 0.5% |
Hyundai Capital America | 0.000% | 11/03/2025 | 0.5% |
NatWest Markets PLC | 6.773% | 03/22/2025 | 0.5% |
Octagon Investment Partners 31 Ltd | 6.727% | 07/20/2030 | 0.5% |
Atrium IX | 6.637% | 05/28/2030 | 0.4% |
Svenska Handelsbanken AB | 2.347% | 06/15/2026 | 0.4% |
Invitation Homes Operating Partnership LP | 6.424% | 01/31/2025 | 0.4% |
TCI-Flatiron Clo 2017-1 Ltd | 6.601% | 11/18/2030 | 0.4% |
LFT CRE 2021-FL1 Ltd | 7.199% | 06/15/2039 | 0.4% |
NextEra Energy Capital Holdings Inc | 2.940% | 03/21/2024 | 0.4% |
Volkswagen Auto Lease Trust 2022-A | 3.440% | 07/21/2025 | 0.4% |
Royal Bank of Canada | 4.950% | 04/25/2025 | 0.4% |
Avolon Holdings Funding Ltd | 5.250% | 05/15/2024 | 0.4% |
Wells Fargo & Co | 2.164% | 02/11/2026 | 0.4% |
UBS AG | 5.125% | 05/15/2024 | 0.4% |
Barclays PLC | 2.852% | 05/07/2026 | 0.4% |
General Motors Financial Co Inc | 5.100% | 01/17/2024 | 0.4% |
American Express Co | 6.260% | 03/04/2025 | 0.4% |
Honda Auto Receivables 2023-1 Owner Trust | 5.040% | 04/21/2027 | 0.4% |
Octagon Investment Partners XIV Ltd | 6.605% | 07/15/2029 | 0.4% |
KREF 2021-FL2 Ltd | 6.519% | 02/15/2039 | 0.4% |
GS Mortgage Securities Corp Trust 2021-ROSS | 6.599% | 05/15/2026 | 0.4% |
Mitsubishi UFJ Financial Group Inc | 6.750% | 04/17/2026 | 0.4% |
GA Global Funding Trust | 0.800% | 09/13/2024 | 0.4% |
Standard Chartered PLC | 3.785% | 05/21/2025 | 0.4% |
BIOGEN INC | 6.662% | 08/26/2024 | 0.4% |
Credit Suisse AG/New York NY | 1.495% | 02/02/2024 | 0.4% |
BPCE SA | 5.150% | 07/21/2024 | 0.4% |
Truist Financial Corp | 5.310% | 06/09/2025 | 0.4% |
BAXTER INTL INC | 0.066% | 09/30/2024 | 0.4% |
Intesa Sanpaolo SpA | 5.250% | 01/12/2024 | 0.4% |
UBS Group AG | 4.488% | 05/12/2026 | 0.4% |
Glencore Funding LLC | 0.000% | 12/21/2023 | 0.4% |
Flagship Credit Auto Trust 2023-3 | 5.890% | 07/15/2027 | 0.4% |
OneMain Direct Auto Receivables Trust 2021-1 | 0.870% | 07/14/2028 | 0.4% |
Brighthouse Financial Global Funding | 6.073% | 04/12/2024 | 0.4% |
GM Financial Consumer Automobile Receivables Trust 2023-1 | 5.190% | 03/16/2026 | 0.4% |
Philip Morris International Inc | 5.125% | 11/15/2024 | 0.4% |
Enbridge Inc | 5.965% | 02/16/2024 | 0.4% |
Capital One Prime Auto Receivables Trust 2022-2 | 3.660% | 05/17/2027 | 0.4% |
UBS Group AG | 2.193% | 06/05/2026 | 0.3% |
JPMorgan Chase & Co | 3.845% | 06/14/2025 | 0.3% |
Bank of America Corp | 3.458% | 03/15/2025 | 0.3% |
Morgan Stanley Bank NA | 6.091% | 07/16/2025 | 0.3% |
Toyota Auto Receivables 2022-C Owner Trust | 3.830% | 08/15/2025 | 0.3% |
OneMain Direct Auto Receivables Trust 2021-1 | 1.260% | 07/14/2028 | 0.3% |
Boeing Co/The | 1.433% | 02/04/2024 | 0.3% |
Corebridge Global Funding | 6.623% | 09/25/2026 | 0.3% |
Honda Auto Receivables 2022-2 Owner Trust | 3.810% | 03/18/2025 | 0.3% |
Daimler Truck Finance North America LLC | 5.600% | 08/08/2025 | 0.3% |
Santander Drive Auto Receivables Trust 2022-2 | 2.980% | 10/15/2026 | 0.3% |
First-Citizens Bank & Trust Co | 2.969% | 09/27/2025 | 0.3% |
Westlake Automobile Receivables Trust 2021-2 | 1.230% | 12/15/2026 | 0.3% |
Galaxy XXIII CLO Ltd | 6.530% | 04/24/2029 | 0.3% |
LFT CRE 2021-FL1 Ltd | 6.619% | 06/15/2039 | 0.3% |
Bank of America Corp | 3.841% | 04/25/2025 | 0.3% |
BPCE SA | 5.882% | 01/14/2025 | 0.3% |
Hyundai Capital America | 5.800% | 06/26/2025 | 0.3% |
Hertz Vehicle Financing LLC | 1.210% | 12/26/2025 | 0.3% |
Westlake Automobile Receivables Trust 2023-2 | 5.870% | 07/15/2026 | 0.3% |
First Investors Auto Owner Trust 2021-2 | 0.480% | 03/15/2027 | 0.3% |
NatWest Group PLC | 7.472% | 11/10/2026 | 0.3% |
Bank of Montreal | 5.200% | 12/12/2024 | 0.3% |
SBNA Auto Lease Trust 2023-A | 6.270% | 04/20/2026 | 0.3% |
AES CORP DISC COML PAPER | 0.000% | 11/01/2023 | 0.3% |
Marlette Funding Trust 2021-3 | 1.300% | 12/15/2031 | 0.3% |
GLS Auto Receivables Issuer Trust 2021-3 | 1.110% | 09/15/2026 | 0.3% |
TARGA RESOURCES CORP | 6.700% | 07/11/2025 | 0.3% |
Santander Retail Auto Lease Trust 2021-A | 0.920% | 03/20/2026 | 0.3% |
Lloyds Banking Group PLC | 3.870% | 07/09/2025 | 0.3% |
KIND Trust 2021-KIND | 6.399% | 08/15/2038 | 0.3% |
VICI Properties LP / VICI Note Co Inc | 5.625% | 05/01/2024 | 0.3% |
AT&T Inc | 5.539% | 02/20/2026 | 0.3% |
World Omni Automobile Lease Securitization Trust 2022-A | 3.210% | 02/18/2025 | 0.3% |
MF1 2021-FL6 Ltd | 6.549% | 07/16/2036 | 0.3% |
Goldman Sachs Group Inc/The | 6.716% | 03/15/2024 | 0.3% |
Barclays PLC | 3.932% | 05/07/2025 | 0.3% |
Citizens Auto Receivables Trust 2023-2 | 6.090% | 10/15/2026 | 0.3% |
NatWest Markets PLC | 5.867% | 08/12/2024 | 0.3% |
UBS AG/London | 0.700% | 08/09/2024 | 0.3% |
Park Aerospace Holdings Ltd | 5.500% | 02/15/2024 | 0.3% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.750% | 10/29/2024 | 0.3% |
Goldman Sachs Group Inc/The | 6.007% | 01/24/2025 | 0.3% |
DNB Bank ASA | 2.968% | 03/28/2025 | 0.3% |
Barclays PLC | 7.325% | 11/02/2026 | 0.3% |
Oracle Corp | 0.000% | 11/03/2023 | 0.3% |
Volkswagen Group of America Finance LLC | 6.257% | 09/12/2025 | 0.3% |
Volkswagen Group of America Finance LLC | 5.800% | 09/12/2025 | 0.2% |
Sumitomo Mitsui Financial Group Inc | 6.610% | 07/13/2026 | 0.2% |
F&G Global Funding | 0.900% | 09/20/2024 | 0.2% |
American Express Co | 6.338% | 10/30/2026 | 0.2% |
American Tower Corp | 1.600% | 04/15/2026 | 0.2% |
ING Groep NV | 3.869% | 03/28/2026 | 0.2% |
Tesla Auto Lease Trust 2021-A | 1.020% | 03/20/2025 | 0.2% |
Toronto-Dominion Bank/The | 3.766% | 06/06/2025 | 0.2% |
HSBC Holdings PLC | 1.645% | 04/18/2026 | 0.2% |
NextGear Floorplan Master Owner Trust | 6.420% | 03/15/2028 | 0.2% |
Wells Fargo & Co | 2.188% | 04/30/2026 | 0.2% |
Verizon Master Trust | 5.230% | 11/22/2027 | 0.2% |
Parker-Hannifin Corp | 3.650% | 06/15/2024 | 0.2% |
Hewlett Packard Enterprise Co | 5.900% | 10/01/2024 | 0.2% |
Bank of America Corp | 2.015% | 02/13/2026 | 0.2% |
Regatta Funding LP 2013-2A | 6.505% | 01/15/2029 | 0.2% |
Donlen Fleet Lease Funding 2 LLC | 0.560% | 12/11/2034 | 0.2% |
Lending Funding Trust 2020-2 | 2.320% | 04/21/2031 | 0.2% |
CarMax Auto Owner Trust 2023-4 | 6.080% | 12/15/2026 | 0.2% |
BXMT 2020-FL2 LTD | 6.349% | 02/15/2038 | 0.2% |
BXHPP Trust 2021-FILM | 6.099% | 08/15/2036 | 0.2% |
HPEFS Equipment Trust 2023-1 | 5.430% | 08/20/2025 | 0.2% |
BMW Vehicle Lease Trust 2023-1 | 5.270% | 02/25/2025 | 0.2% |
Aviation Capital Group LLC | 4.375% | 01/30/2024 | 0.2% |
ANZ New Zealand Int'l Ltd/London | 5.935% | 02/18/2025 | 0.2% |
Bacardi-Martini BV | 0.000% | 11/28/2023 | 0.2% |
Barclays PLC | 5.304% | 08/09/2026 | 0.2% |
CBAM 2019-9 Ltd | 6.967% | 02/12/2030 | 0.2% |
Freddie Mac STACR REMIC Trust 2022-DNA1 | 6.321% | 01/25/2042 | 0.2% |
Connecticut Avenue Securities Trust 2022-R02 | 6.521% | 01/25/2042 | 0.2% |
GA Global Funding Trust | 1.250% | 12/08/2023 | 0.2% |
Santander UK Group Holdings PLC | 1.089% | 03/15/2025 | 0.2% |
GLS Auto Receivables Issuer Trust 2021-2 | 1.080% | 06/15/2026 | 0.2% |
Targa Resources Corp | 0.000% | 11/22/2023 | 0.2% |
Bank of America Corp | 0.981% | 09/25/2025 | 0.2% |
Synchrony Card Funding LLC | 3.860% | 07/15/2028 | 0.2% |
BNP Paribas SA | 2.219% | 06/09/2026 | 0.2% |
Canadian Imperial Bank of Commerce | 5.144% | 04/28/2025 | 0.2% |
Aqua Finance Trust 2021-A | 1.540% | 07/17/2046 | 0.2% |
First Investors Auto Owner Trust 2022-2 | 6.260% | 07/15/2027 | 0.2% |
GS Mortgage Securities Corp Trust 2018-HULA | 6.558% | 07/15/2025 | 0.2% |
WALGREENS BOOTS | 0.000% | 11/01/2023 | 0.2% |
Bayer US Finance II LLC | 6.681% | 12/15/2023 | 0.2% |
Jersey Central Power & Light Co | 4.700% | 04/01/2024 | 0.2% |
Benefit Street Partners CLO V-B Ltd | 6.767% | 04/20/2031 | 0.2% |
Danske Bank A/S | 1.621% | 09/11/2026 | 0.2% |
Great Wolf Trust 2019-WOLF | 6.483% | 12/15/2036 | 0.2% |
Affirm Asset Securitization Trust 2023-B | 6.820% | 09/15/2028 | 0.2% |
Pagaya AI Debt Trust 2022-1 | 2.030% | 10/15/2029 | 0.2% |
Mercedes-Benz Auto Receivables Trust 2023-2 | 5.950% | 11/15/2028 | 0.2% |
Santander Retail Auto Lease Trust 2021-C | 1.110% | 03/20/2026 | 0.2% |
CarMax Auto Owner Trust 2023-1 | 5.230% | 01/15/2026 | 0.2% |
Navient Private Education Refi Loan Trust 2020-E | 1.690% | 05/15/2069 | 0.2% |
BXMT 2021-FL4 Ltd | 6.499% | 05/15/2038 | 0.2% |
Regatta VIII Funding Ltd | 6.914% | 10/17/2030 | 0.2% |
Monongahela Power Co | 4.100% | 04/15/2024 | 0.2% |
Canadian Imperial Bank of Commerce | 5.729% | 10/18/2024 | 0.2% |
BPCE SA | 4.625% | 07/11/2024 | 0.2% |
Public Storage Operating Co | 5.908% | 07/25/2025 | 0.1% |
GreatAmerica Leasing Receivables Funding LLC Series 2021-2 | 1.040% | 09/15/2027 | 0.1% |
Ally Auto Receivables Trust 2022-3 | 5.290% | 06/16/2025 | 0.1% |
HSBC Holdings PLC | 2.999% | 03/10/2026 | 0.1% |
Pacific Gas and Electric Co | 3.250% | 02/16/2024 | 0.1% |
Fannie Mae Connecticut Avenue Securities | 6.221% | 11/25/2041 | 0.1% |
HGI CRE CLO 2021-FL1 Ltd | 6.499% | 06/16/2036 | 0.1% |
Targa Resources Corp | 0.000% | 11/15/2023 | 0.1% |
Flatiron Clo 17 Ltd | 6.606% | 05/15/2030 | 0.1% |
Avolon Holdings Funding Ltd | 3.950% | 07/01/2024 | 0.1% |
Santander Drive Auto Receivables Trust 2023-4 | 6.180% | 02/16/2027 | 0.1% |
Hertz Vehicle Financing III LLC | 1.990% | 06/25/2026 | 0.1% |
Capital One Prime Auto Receivables Trust 2023-1 | 5.200% | 05/15/2026 | 0.1% |
FS RIALTO | 6.669% | 05/16/2038 | 0.1% |
Hyatt Hotels Corp | 1.800% | 10/01/2024 | 0.1% |
Dell Equipment Finance Trust 2021-2 | 0.810% | 12/22/2026 | 0.1% |
Bank of Montreal | 5.678% | 12/08/2023 | 0.1% |
Crown Castle Inc | 0.000% | 11/30/2023 | 0.1% |
Aircastle Ltd | 4.125% | 05/01/2024 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA4 | 6.271% | 12/25/2041 | 0.1% |
Flagship Credit Auto Trust 2021-2 | 0.930% | 06/15/2027 | 0.1% |
Morgan Stanley | 0.864% | 10/21/2025 | 0.1% |
Bank of America Corp | 2.456% | 10/22/2025 | 0.1% |
Wells Fargo & Co | 3.908% | 04/25/2026 | 0.1% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.1% |
L3Harris Technologies Inc | 0.000% | 08/29/2024 | 0.1% |
Ovintiv Inc | 5.650% | 05/15/2025 | 0.1% |
American Electric Power Co Inc | 5.699% | 08/15/2025 | 0.1% |
BX Trust 2021-ARIA | 6.348% | 10/15/2036 | 0.1% |
Hyundai Capital America | 3.400% | 06/20/2024 | 0.1% |
Hilton Orlando Trust 2018-ORL | 6.402% | 12/15/2034 | 0.1% |
Carvana Auto Receivables Trust 2021-N1 | 1.090% | 01/10/2028 | 0.1% |
NextEra Energy Capital Holdings Inc | 5.749% | 09/01/2025 | 0.1% |
Citigroup Inc | 4.140% | 05/24/2025 | 0.1% |
Flagship Credit Auto Trust 2023-1 | 5.380% | 12/15/2026 | 0.1% |
Flagship Credit Auto Trust 2022-2 | 3.280% | 08/15/2025 | 0.1% |
Carvana Auto Receivables Trust 2022-P3 | 4.420% | 12/10/2025 | 0.1% |
Credit Suisse AG/New York NY | 2.950% | 04/09/2025 | 0.1% |
Avis Budget Rental Car Funding AESOP LLC | 2.360% | 03/20/2026 | 0.1% |
NextEra Energy Capital Holdings Inc | 6.051% | 03/01/2025 | 0.1% |
GA Global Funding Trust | 5.310% | 09/13/2024 | 0.1% |
AIB Group PLC | 4.263% | 04/10/2025 | 0.1% |
Truist Financial Corp | 3.750% | 12/06/2023 | 0.1% |
Dell Equipment Finance Trust 2021-2 | 0.940% | 12/22/2026 | 0.1% |
HSBC Holdings PLC | 4.292% | 09/12/2026 | 0.1% |
GLS Auto Receivables Issuer Trust 2021-3 | 0.780% | 11/17/2025 | 0.1% |
Exeter Automobile Receivables Trust 2022-4 | 4.330% | 02/17/2026 | 0.1% |
Flagship Credit Auto Trust 2022-3 | 4.060% | 10/15/2025 | 0.1% |
Dell Equipment Finance Trust 2021-2 | 1.210% | 06/22/2027 | 0.1% |
Hyundai Auto Lease Securitization Trust 2023-A | 5.200% | 04/15/2025 | 0.1% |
Alexander Funding Trust | 1.841% | 11/15/2023 | 0.1% |
Affirm Asset Securitization Trust 2022-X1 | 1.750% | 02/15/2027 | 0.1% |
Ford Credit Auto Lease Trust 2023-A | 5.190% | 06/15/2025 | 0.1% |
CPS Auto Receivables Trust 2022-C | 4.180% | 04/15/2030 | 0.1% |
CommonSpirit Health | 0.000% | 12/14/2023 | 0.1% |
GM Financial Automobile Leasing Trust 2023-1 | 5.270% | 06/20/2025 | 0.1% |
Atalaya Equipment Leasing Trust 21-1 | 1.230% | 05/15/2026 | 0.1% |
Mercedes-Benz Auto Receivables Trust 2023-1 | 5.090% | 01/15/2026 | 0.1% |
East Ohio Gas Co/The | 1.300% | 06/15/2025 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA3 | 6.171% | 09/25/2041 | 0.1% |
Crown Castle Inc | 1.350% | 07/15/2025 | 0.1% |
Targa Resources Corp | 0.000% | 11/08/2023 | 0.1% |
NextEra Energy Capital Holdings Inc | 4.200% | 06/20/2024 | 0.1% |
Discovery Communications LLC | 3.950% | 06/15/2025 | 0.1% |
Santander Retail Auto Lease Trust 2021-B | 0.840% | 06/20/2025 | 0.1% |
Toronto-Dominion Bank/The | 5.677% | 09/10/2024 | 0.1% |
Santander Drive Auto Receivables Trust 2021-2 | 0.900% | 06/15/2026 | 0.0% |
Amgen Inc | 5.250% | 03/02/2025 | 0.0% |
Solvay Finance America LLC | 4.450% | 12/03/2025 | 0.0% |
Avolon Holdings Funding Ltd | 2.875% | 02/15/2025 | 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% |
GLS Auto Receivables Issuer Trust 2021-1 | 1.200% | 01/15/2027 | 0.0% |
Avant Loans Funding Trust 2021-REV1 | 1.210% | 07/15/2030 | 0.0% |
Connecticut Avenue Securities Trust 2021-R01 | 6.071% | 10/25/2041 | 0.0% |
Santander Retail Auto Lease Trust 2021-C | 0.500% | 03/20/2025 | 0.0% |
BBVA Bancomer SA/Texas | 4.375% | 04/10/2024 | 0.0% |
Foursight Capital Automobile Receivables Trust 2021-2 | 0.810% | 05/15/2026 | 0.0% |
Santander Consumer Auto Receivables Trust 2021-A | 0.330% | 10/15/2025 | 0.0% |
LMREC 2021-CRE4 LLC | 6.503% | 04/22/2037 | 0.0% |
Exeter Automobile Receivables Trust 2022-6 | 5.730% | 11/17/2025 | 0.0% |
Arivo Acceptance Auto Loan Receivables Trust 2021-1 | 1.190% | 01/15/2027 | 0.0% |
Tricolor Auto Securitization Trust 2022-1 | 3.300% | 02/18/2025 | 0.0% |
Marlette Funding Trust 2021-2 | 1.060% | 09/15/2031 | 0.0% |
Freddie Mac STACR REMIC Trust 2021-DNA6 | 6.121% | 10/25/2041 | 0.0% |
BDS 2020-FL5 LTD | 6.599% | 02/16/2037 | 0.0% |
Freddie Mac STACR REMIC Trust 2021-HQA2 | 6.021% | 12/25/2033 | 0.0% |
PenFed Auto Receivables Owner Trust 2022-A | 3.830% | 12/16/2024 | 0.0% |
INTERCONTINENTAL EXCHANGE INC | 0.000% | 05/24/2024 | 0.0% |
US 2YR NOTE (CBT) Dec23 | 0.000% | 01/04/2024 | 0.0% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 12/01/2023
- $0.38753
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 11/30/2023 | $0.03883 | $9.92 |
Daily | Daily | 10/31/2023 | $0.03938 | $9.89 |
Daily | Daily | 09/30/2023 | $0.03874 | $9.89 |
Daily | Daily | 08/31/2023 | $0.03922 | $9.90 |
Daily | Daily | 07/31/2023 | $0.03763 | $9.89 |
Daily | Daily | 06/30/2023 | $0.03548 | $9.87 |
Daily | Daily | 05/31/2023 | $0.03509 | $9.87 |
Daily | Daily | 04/30/2023 | $0.03327 | $9.88 |
Daily | Daily | 03/31/2023 | $0.03192 | $9.87 |
Daily | Daily | 02/28/2023 | $0.02898 | $9.87 |
Daily | Daily | 01/31/2023 | $0.02900 | $9.87 |
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 | 12/31/2023 |
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 10/31/2023
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
0.43% | 0.43% |
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 Report
Publish Date:11/03/2015
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Semi-Annual 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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