Ultra Short Bond Fund
Daily price w/o sales charge as of 03/18/2024
$9.97
$0.00
YTD Returns w/o sales charge as of 03/18/2024
1.28%
Summary
Summary
Yield
Average Yield to Maturity as of 02/29/2024 |
5.97% |
30-Day Standardized Yield 1 as of 02/29/2024 |
4.97% |
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 02/29/2024
- Total Net Assets
- $9.44 B
- Inception Date
- 10/17/2016
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.43%
- Fund Net Expense Ratio
- 0.43%
- Number of Holdings
- 365
- 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 | 1.03% | 5.73% | 2.16% | 1.96% | - | 1.89% |
Lipper Category Avg. Ultra-Short Obligations Funds | 0.94% | 5.79% | 2.25% | 2.13% | - | - |
ICE BofA U.S. Treasury Bill Index | 0.82% | 5.27% | 2.41% | 1.98% | - | 1.77% |
w/ sales charge | 1.03% | 5.73% | 2.16% | 1.96% | - | 1.89% |
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 | 5.80% | 5.80% | 1.83% | 1.88% | - | 1.79% |
Lipper Category Avg. Ultra-Short Obligations Funds | 5.83% | 5.83% | 1.97% | 2.08% | - | - |
ICE BofA U.S. Treasury Bill Index | 5.09% | 5.09% | 2.14% | 1.90% | - | 1.70% |
w/ sales charge | 5.80% | 5.80% | 1.83% | 1.88% | - | 1.79% |
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 | |
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 | |
5-6.99 years |
Credit Quality Distribution as of 02/29/2024 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
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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 | 1.03% | 5.73% | 2.16% | 1.96% | - | 1.89% |
Lipper Category Avg. Ultra-Short Obligations Funds | 0.94% | 5.79% | 2.25% | 2.13% | - | - |
ICE BofA U.S. Treasury Bill Index | 0.82% | 5.27% | 2.41% | 1.98% | - | 1.77% |
w/ sales charge | 1.03% | 5.73% | 2.16% | 1.96% | - | 1.89% |
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 | 5.80% | 5.80% | 1.83% | 1.88% | - | 1.79% |
Lipper Category Avg. Ultra-Short Obligations Funds | 5.83% | 5.83% | 1.97% | 2.08% | - | - |
ICE BofA U.S. Treasury Bill Index | 5.09% | 5.09% | 2.14% | 1.90% | - | 1.70% |
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 |
---|
2023 | 5.80% | 5.09% |
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% |
Year | Q1 | Q2 | Q3 | Q4 |
---|
2024 | - | - | - | - |
2023 | 1.43% | 1.06% | 1.38% | 1.82% |
2022 | -0.78% | -0.56% | 0.18% | 1.06% |
2021 | -0.02% | 0.09% | 0.00% | -0.17% |
2020 | -1.35% | 2.14% | 0.25% | 0.09% |
2019 | 0.86% | 0.74% | 0.59% | 0.62% |
2018 | 0.32% | 0.53% | 0.66% | 0.40% |
2017 | 0.35% | 0.39% | 0.33% | 0.35% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
GROWTH OF $10,000 as of 02/29/2024
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 | |
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 | |
5-6.99 years |
CREDIT QUALITY DISTRIBUTION as of 02/29/2024
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 02/29/2024
- Total Net Assets
- $9.44 B
- Average Effective Duration
- 0.54 Years
- Average Life
- 1.02 Years
- Number of Issues
- 365
- Average Yield to Maturity
- 5.97%
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 | 3.803% | 03/11/2025 | 1.4% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.3% |
NatWest Group PLC | 4.269% | 03/22/2025 | 1.3% |
Ovintiv Inc | 0.000% | 03/20/2024 | 1.3% |
Rogers Communications Inc/Ontario | 0.000% | 04/30/2024 | 1.1% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.1% |
Bayer Corp | 0.000% | 07/08/2024 | 1.1% |
JPMorgan Chase & Co | 2.301% | 10/15/2025 | 1.0% |
United States Treasury Note/Bond | 4.250% | 05/31/2025 | 0.9% |
Macquarie Group Ltd | 6.207% | 11/22/2024 | 0.9% |
Holding | Coupon | Maturity | Assets |
---|
HSBC Holdings PLC | 3.803% | 03/11/2025 | 1.4% |
Wells Fargo & Co | 2.406% | 10/30/2025 | 1.3% |
NatWest Group PLC | 4.269% | 03/22/2025 | 1.3% |
Rogers Communications Inc/Ontario | 0.000% | 04/30/2024 | 1.1% |
BNP Paribas SA | 2.819% | 11/19/2025 | 1.1% |
Bayer Corp | 0.000% | 07/08/2024 | 1.1% |
JPMorgan Chase & Co | 2.301% | 10/15/2025 | 1.0% |
United States Treasury Note/Bond | 4.250% | 05/31/2025 | 1.0% |
Macquarie Group Ltd | 6.207% | 11/22/2024 | 0.9% |
Citigroup Inc | 3.352% | 04/24/2025 | 0.9% |
United States Treasury Bill | 0.000% | 07/05/2024 | 0.9% |
Brookfield Infrastructure Holdings Canada Inc | 0.000% | 04/18/2024 | 0.8% |
RTX Corp | 6.605% | 05/07/2025 | 0.8% |
Ovintiv Inc | 0.000% | 03/20/2024 | 0.8% |
JPMorgan Chase & Co | 5.546% | 12/15/2025 | 0.8% |
AES Corp/The | 0.000% | 02/01/2024 | 0.8% |
CommonSpirit Health | 0.000% | 03/26/2024 | 0.7% |
Baxter International Inc | 1.322% | 11/29/2024 | 0.7% |
Toronto-Dominion Bank/The | 4.285% | 09/13/2024 | 0.7% |
Goldman Sachs Group Inc/The | 5.807% | 10/21/2024 | 0.7% |
Bank of America Corp | 3.093% | 10/01/2025 | 0.7% |
First-Citizens Bank & Trust Co | 2.969% | 09/27/2025 | 0.6% |
Intercontinental Exchange Inc | 0.063% | 05/24/2024 | 0.6% |
Glencore Funding LLC | 4.625% | 04/29/2024 | 0.6% |
Morgan Stanley | 3.620% | 04/17/2025 | 0.6% |
Octagon Investment Partners 30 Ltd | 6.578% | 03/17/2030 | 0.6% |
Bank of Montreal | 6.057% | 03/08/2024 | 0.6% |
Madison Park Funding XI Ltd | 6.477% | 07/23/2029 | 0.6% |
Toyota Motor Credit Corp | 5.975% | 01/05/2026 | 0.6% |
United States Treasury Note/Bond | 5.000% | 09/30/2025 | 0.6% |
UBS Group AG | 3.750% | 03/26/2025 | 0.6% |
GA Global Funding Trust | 6.680% | 04/11/2025 | 0.6% |
Citigroup Inc | 2.014% | 01/25/2026 | 0.5% |
GE HealthCare Technologies Inc | 5.550% | 11/15/2024 | 0.5% |
Ford Credit Auto Owner Trust 2018-REV1 | 3.190% | 07/15/2031 | 0.5% |
CommonSpirit Health | 0.000% | 03/05/2024 | 0.5% |
BlueMountain Fuji US Clo I Ltd | 6.559% | 07/20/2029 | 0.5% |
Jackson National Life Global Funding | 6.460% | 06/28/2024 | 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% |
Broadcom Inc | 6.468% | 08/15/2025 | 0.5% |
Madison Park Funding XVII Ltd | 6.579% | 07/21/2030 | 0.5% |
SBNA Auto Lease Trust 2024-A | 5.450% | 01/20/2026 | 0.5% |
Bayer Corp | 0.000% | 07/09/2024 | 0.5% |
DLLAA 2023-1 LLC | 5.930% | 07/20/2026 | 0.5% |
Walgreens Boots Alliance Inc | 0.000% | 02/28/2024 | 0.5% |
Walgreens Boots Alliance Inc | 0.000% | 02/16/2024 | 0.5% |
Bank of America Corp | 6.020% | 02/04/2025 | 0.5% |
Flagship Credit Auto Trust 2023-3 | 5.890% | 07/15/2027 | 0.5% |
Truist Financial Corp | 5.310% | 06/09/2025 | 0.5% |
Wells Fargo Bank NA | 6.420% | 08/07/2026 | 0.5% |
General Motors Financial Co Inc | 5.940% | 10/15/2024 | 0.5% |
Bank of Nova Scotia/The | 5.250% | 12/06/2024 | 0.5% |
AmeriCredit Automobile Receivables Trust 2023-2 | 6.190% | 04/19/2027 | 0.5% |
Bank of Montreal | 6.294% | 09/25/2025 | 0.5% |
Bank of Nova Scotia/The | 6.400% | 06/12/2025 | 0.5% |
Goldman Sachs Group Inc/The | 6.424% | 08/10/2026 | 0.5% |
American Honda Finance Corp | 6.031% | 01/09/2026 | 0.5% |
State Street Corp | 6.206% | 08/03/2026 | 0.5% |
Citibank NA | 6.148% | 09/29/2025 | 0.5% |
UBS Group AG | 2.593% | 09/11/2025 | 0.5% |
TransCanada PipeLines Ltd | 6.866% | 03/09/2026 | 0.5% |
Toronto-Dominion Bank/The | 6.399% | 07/17/2026 | 0.5% |
Royal Bank of Canada | 6.397% | 07/20/2026 | 0.5% |
Nissan Auto Lease Trust 2023-B | 5.690% | 07/15/2026 | 0.5% |
VF Corp | 0.000% | 02/23/2024 | 0.5% |
Danske Bank A/S | 6.466% | 01/09/2026 | 0.5% |
Wells Fargo & Co | 2.188% | 04/30/2026 | 0.5% |
Swedbank AB | 6.725% | 06/15/2026 | 0.5% |
Hyundai Capital America | 6.511% | 08/04/2025 | 0.5% |
Hyundai Capital America | 6.681% | 11/03/2025 | 0.4% |
Galaxy XIX CLO Ltd | 6.530% | 07/24/2030 | 0.4% |
NatWest Markets PLC | 6.794% | 03/22/2025 | 0.4% |
Atrium IX | 6.600% | 05/28/2030 | 0.4% |
Svenska Handelsbanken AB | 2.362% | 06/15/2026 | 0.4% |
Aviation Capital Group LLC | 0.000% | 03/01/2024 | 0.4% |
Invitation Homes Operating Partnership LP | 6.433% | 01/31/2025 | 0.4% |
Bank of America Corp | 0.981% | 09/25/2025 | 0.4% |
Avolon Holdings Funding Ltd | 5.250% | 05/15/2024 | 0.4% |
Royal Bank of Canada | 4.950% | 04/25/2025 | 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% |
Honda Auto Receivables 2023-1 Owner Trust | 5.040% | 04/21/2027 | 0.4% |
Honda Auto Receivables 2023-4 Owner Trust | 5.670% | 06/21/2028 | 0.4% |
GS Mortgage Securities Corp Trust 2021-ROSS | 6.598% | 05/15/2026 | 0.4% |
BPCE SA | 5.975% | 01/18/2027 | 0.4% |
American Express Co | 6.283% | 03/04/2025 | 0.4% |
Octagon Investment Partners 31 Ltd | 6.629% | 07/20/2030 | 0.4% |
AIB Group PLC | 7.583% | 10/14/2026 | 0.4% |
KREF 2021-FL2 Ltd | 6.522% | 02/15/2039 | 0.4% |
GA Global Funding Trust | 0.800% | 09/13/2024 | 0.4% |
Volkswagen Auto Lease Trust 2022-A | 3.440% | 07/21/2025 | 0.4% |
Mitsubishi UFJ Financial Group Inc | 6.750% | 04/17/2026 | 0.4% |
Qorvo Inc | 1.750% | 12/15/2024 | 0.4% |
Standard Chartered PLC | 3.785% | 05/21/2025 | 0.4% |
American Tower Corp | 1.600% | 04/15/2026 | 0.4% |
TCI-Flatiron Clo 2017-1 Ltd | 6.589% | 11/18/2030 | 0.4% |
Credit Suisse AG/New York NY | 1.510% | 02/02/2024 | 0.4% |
BPCE SA | 5.150% | 07/21/2024 | 0.4% |
Amur Equipment Finance Receivables XIII LLC | 5.380% | 01/21/2031 | 0.4% |
UBS Group AG | 4.488% | 05/12/2026 | 0.4% |
Westlake Automobile Receivables Trust 2021-1 | 0.950% | 03/16/2026 | 0.4% |
JABIL INC | 0.000% | 02/01/2024 | 0.4% |
Brighthouse Financial Global Funding | 6.080% | 04/12/2024 | 0.3% |
Citigroup Inc | 5.610% | 09/29/2026 | 0.3% |
Standard Chartered PLC | 2.819% | 01/30/2026 | 0.3% |
Enbridge Inc | 5.987% | 02/16/2024 | 0.3% |
Avolon Holdings Funding Ltd | 2.125% | 02/21/2026 | 0.3% |
Philip Morris International Inc | 5.125% | 11/15/2024 | 0.3% |
Capital One Prime Auto Receivables Trust 2022-2 | 3.660% | 05/17/2027 | 0.3% |
UBS Group AG | 2.193% | 06/05/2026 | 0.3% |
OneMain Direct Auto Receivables Trust 2021-1 | 1.260% | 07/14/2028 | 0.3% |
Bank of America Corp | 3.458% | 03/15/2025 | 0.3% |
Hyundai Capital America | 6.822% | 01/08/2027 | 0.3% |
National Fuel Gas Co | 0.000% | 02/26/2024 | 0.3% |
Boeing Co/The | 1.433% | 02/04/2024 | 0.3% |
Morgan Stanley Bank NA | 6.099% | 07/16/2025 | 0.3% |
JPMorgan Chase & Co | 3.845% | 06/14/2025 | 0.3% |
Corebridge Global Funding | 6.644% | 09/25/2026 | 0.3% |
Marvell Technology Inc | 6.812% | 12/07/2025 | 0.3% |
Aviation Capital Group LLC | 0.000% | 02/16/2024 | 0.3% |
Daimler Truck Finance North America LLC | 5.600% | 08/08/2025 | 0.3% |
National Fuel Gas Co | 0.000% | 02/16/2024 | 0.3% |
Western Midstream Operating LP | 0.000% | 03/08/2024 | 0.3% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.750% | 10/29/2024 | 0.3% |
NUTRITION BIOSCIENCES INC | 0.071% | 02/01/2024 | 0.3% |
HSBC Holdings PLC | 0.976% | 05/24/2025 | 0.3% |
Westlake Automobile Receivables Trust 2021-2 | 1.230% | 12/15/2026 | 0.3% |
Octagon Investment Partners XIV Ltd | 6.528% | 07/15/2029 | 0.3% |
Bank of America Corp | 3.841% | 04/25/2025 | 0.3% |
AIB Group PLC | 4.263% | 04/10/2025 | 0.3% |
Bank of America Auto Trust 2023-2 | 5.740% | 06/15/2028 | 0.3% |
JPMorgan Chase Bank NA | 6.347% | 12/08/2026 | 0.3% |
BPCE SA | 5.890% | 01/14/2025 | 0.3% |
Bank of Montreal | 6.506% | 12/11/2026 | 0.3% |
OneMain Direct Auto Receivables Trust 2021-1 | 0.870% | 07/14/2028 | 0.3% |
Hertz Vehicle Financing LLC | 1.210% | 12/26/2025 | 0.3% |
Hyundai Capital America | 5.800% | 06/26/2025 | 0.3% |
American Honda Finance Corp | 5.869% | 02/12/2025 | 0.3% |
Australia & New Zealand Banking Group Ltd | 6.129% | 01/18/2027 | 0.3% |
Boeing Co/The | 4.875% | 05/01/2025 | 0.3% |
Ford Motor Credit Co LLC | 4.063% | 11/01/2024 | 0.3% |
NatWest Group PLC | 7.472% | 11/10/2026 | 0.3% |
Ford Motor Credit Co LLC | 4.389% | 01/08/2026 | 0.3% |
SBNA Auto Lease Trust 2023-A | 6.270% | 04/20/2026 | 0.3% |
Bank of Montreal | 5.200% | 12/12/2024 | 0.3% |
GM Financial Consumer Automobile Receivables Trust 2023-1 | 5.190% | 03/16/2026 | 0.3% |
Enterprise Fleet Financing 2024-1 LLC | 5.230% | 03/20/2030 | 0.3% |
Harley-Davidson Financial Services Inc | 0.000% | 04/29/2024 | 0.3% |
AT&T Inc | 5.539% | 02/20/2026 | 0.3% |
Lloyds Banking Group PLC | 3.870% | 07/09/2025 | 0.3% |
GLP Capital LP / GLP Financing II Inc | 5.375% | 04/15/2026 | 0.3% |
KIND Trust 2021-KIND | 6.398% | 08/15/2038 | 0.3% |
VICI Properties LP / VICI Note Co Inc | 5.625% | 05/01/2024 | 0.3% |
Park Aerospace Holdings Ltd | 5.500% | 02/15/2024 | 0.3% |
UBS AG/London | 0.700% | 08/09/2024 | 0.3% |
Goldman Sachs Group Inc/The | 6.735% | 03/15/2024 | 0.2% |
Citizens Auto Receivables Trust 2023-2 | 6.090% | 10/15/2026 | 0.2% |
Barclays PLC | 3.932% | 05/07/2025 | 0.2% |
NatWest Markets PLC | 5.888% | 08/12/2024 | 0.2% |
Celanese US Holdings LLC | 6.050% | 03/15/2025 | 0.2% |
DNB Bank ASA | 2.968% | 03/28/2025 | 0.2% |
Volkswagen Group of America Finance LLC | 5.800% | 09/12/2025 | 0.2% |
GLS Auto Receivables Issuer Trust 2021-3 | 1.110% | 09/15/2026 | 0.2% |
Galaxy XXIII CLO Ltd | 6.450% | 04/24/2029 | 0.2% |
MF1 2021-FL6 Ltd | 6.552% | 07/16/2036 | 0.2% |
Barclays PLC | 7.325% | 11/02/2026 | 0.2% |
Volkswagen Group of America Finance LLC | 6.276% | 09/12/2025 | 0.2% |
American Express Co | 6.338% | 10/30/2026 | 0.2% |
Royal Bank of Canada | 6.268% | 01/19/2027 | 0.2% |
F&G Global Funding | 0.900% | 09/20/2024 | 0.2% |
Morgan Stanley | 4.679% | 07/17/2026 | 0.2% |
Georgia Power Co | 6.109% | 05/08/2025 | 0.2% |
NextEra Energy Capital Holdings Inc | 2.940% | 03/21/2024 | 0.2% |
CenterPoint Energy Inc | 6.008% | 05/13/2024 | 0.2% |
Sumitomo Mitsui Financial Group Inc | 6.610% | 07/13/2026 | 0.2% |
Citigroup Inc | 3.106% | 04/08/2026 | 0.2% |
ING Groep NV | 3.869% | 03/28/2026 | 0.2% |
Atlassian US Inc | 0.065% | 10/28/2025 | 0.2% |
Global Payments Inc | 0.000% | 02/09/2024 | 0.2% |
HSBC Holdings PLC | 1.645% | 04/18/2026 | 0.2% |
Westlake Automobile Receivables Trust 2023-4 | 6.230% | 01/15/2027 | 0.2% |
Danske Bank A/S | 1.621% | 09/11/2026 | 0.2% |
Toronto-Dominion Bank/The | 3.766% | 06/06/2025 | 0.2% |
Bank of America Corp | 2.015% | 02/13/2026 | 0.2% |
Lending Funding Trust 2020-2 | 2.320% | 04/21/2031 | 0.2% |
Hewlett Packard Enterprise Co | 5.900% | 10/01/2024 | 0.2% |
NextGear Floorplan Master Owner Trust | 6.446% | 03/15/2028 | 0.2% |
Toyota Auto Receivables 2022-C Owner Trust | 3.830% | 08/15/2025 | 0.2% |
Verizon Master Trust | 5.230% | 11/22/2027 | 0.2% |
International Flavors & Fragrances Inc | 0.000% | 02/26/2024 | 0.2% |
UniCredit SpA | 2.569% | 09/22/2026 | 0.2% |
Warnermedia Holdings Inc | 3.428% | 03/15/2024 | 0.2% |
Parker-Hannifin Corp | 3.650% | 06/15/2024 | 0.2% |
CarMax Auto Owner Trust 2023-4 | 6.080% | 12/15/2026 | 0.2% |
Westlake Automobile Receivables Trust 2023-2 | 5.870% | 07/15/2026 | 0.2% |
BXHPP Trust 2021-FILM | 6.098% | 08/15/2036 | 0.2% |
Western Midstream Operating LP | 0.000% | 02/09/2024 | 0.2% |
Vistra Operations Co LLC | 3.550% | 07/15/2024 | 0.2% |
ANZ New Zealand Int'l Ltd/London | 5.956% | 02/18/2025 | 0.2% |
First Investors Auto Owner Trust 2021-2 | 0.480% | 03/15/2027 | 0.2% |
Barclays PLC | 5.304% | 08/09/2026 | 0.2% |
National Australia Bank Ltd | 5.971% | 12/10/2025 | 0.2% |
WESTERN MIDSTREAM OPER LP YRS | 0.000% | 03/01/2024 | 0.2% |
PepsiCo Inc | 5.759% | 11/12/2024 | 0.2% |
BNP Paribas SA | 1.323% | 01/13/2027 | 0.2% |
Toyota Auto Receivables 2023-D Owner Trust | 5.540% | 08/15/2028 | 0.2% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 1.650% | 10/29/2024 | 0.2% |
World Omni Automobile Lease Securitization Trust 2022-A | 3.210% | 02/18/2025 | 0.2% |
Santander UK Group Holdings PLC | 1.089% | 03/15/2025 | 0.2% |
Avolon Holdings Funding Ltd | 3.950% | 07/01/2024 | 0.2% |
HPEFS Equipment Trust 2023-1 | 5.430% | 08/20/2025 | 0.2% |
Santander Drive Auto Receivables Trust 2024-1 | 5.710% | 02/16/2027 | 0.2% |
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | 4.450% | 10/01/2025 | 0.2% |
Synchrony Card Funding LLC | 3.860% | 07/15/2028 | 0.2% |
Ford Credit Auto Owner Trust 2023-C | 5.530% | 09/15/2028 | 0.2% |
SCF Equipment Leasing 2023-1 LLC | 6.560% | 01/22/2030 | 0.2% |
BNP Paribas SA | 2.219% | 06/09/2026 | 0.2% |
Canadian Imperial Bank of Commerce | 5.144% | 04/28/2025 | 0.2% |
Marlette Funding Trust 2021-3 | 1.300% | 12/15/2031 | 0.2% |
First Investors Auto Owner Trust 2022-2 | 6.260% | 07/15/2027 | 0.2% |
Honda Auto Receivables 2022-2 Owner Trust | 3.810% | 03/18/2025 | 0.2% |
BXMT 2020-FL2 LTD | 6.352% | 02/15/2038 | 0.2% |
Santander Drive Auto Receivables Trust 2022-2 | 2.980% | 10/15/2026 | 0.2% |
CBAM 2019-9 Ltd | 6.868% | 02/12/2030 | 0.2% |
Korea National Oil Corp | 6.437% | 11/14/2026 | 0.2% |
Ford Motor Credit Co LLC | 2.300% | 02/10/2025 | 0.2% |
GLP Capital LP / GLP Financing II Inc | 5.250% | 06/01/2025 | 0.2% |
Connecticut Avenue Securities Trust 2022-R02 | 6.545% | 01/25/2042 | 0.2% |
Affirm Asset Securitization Trust 2023-B | 6.820% | 09/15/2028 | 0.2% |
GS Mortgage Securities Corp Trust 2018-HULA | 6.556% | 07/15/2025 | 0.2% |
LFT CRE 2021-FL1 Ltd | 7.198% | 06/15/2039 | 0.2% |
Synchrony Card Funding LLC | 3.370% | 04/15/2028 | 0.2% |
Jersey Central Power & Light Co | 4.700% | 04/01/2024 | 0.2% |
Aqua Finance Trust 2021-A | 1.540% | 07/17/2046 | 0.2% |
Great Wolf Trust 2019-WOLF | 6.682% | 12/15/2036 | 0.2% |
Affirm Asset Securitization Trust 2023-B | 6.820% | 09/15/2028 | 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% |
BXMT 2021-FL4 Ltd | 6.502% | 05/15/2038 | 0.2% |
Monongahela Power Co | 4.100% | 04/15/2024 | 0.1% |
Macquarie Group Ltd | 1.340% | 01/12/2027 | 0.1% |
Benefit Street Partners CLO V-B Ltd | 6.669% | 04/20/2031 | 0.1% |
Canadian Imperial Bank of Commerce | 5.739% | 10/18/2024 | 0.1% |
BPCE SA | 4.625% | 07/11/2024 | 0.1% |
Navient Private Education Refi Loan Trust 2020-E | 1.690% | 05/15/2069 | 0.1% |
GreatAmerica Leasing Receivables Funding LLC Series 2021-2 | 1.040% | 09/15/2027 | 0.1% |
Brookfield Infrastructure Holdings Canada Inc | 0.000% | 05/02/2024 | 0.1% |
HSBC Holdings PLC | 2.999% | 03/10/2026 | 0.1% |
Public Storage Operating Co | 5.918% | 07/25/2025 | 0.1% |
LFT CRE 2021-FL1 Ltd | 6.622% | 06/15/2039 | 0.1% |
Santander Retail Auto Lease Trust 2021-A | 0.920% | 03/20/2026 | 0.1% |
DLLST 2024-1 LLC | 5.330% | 01/20/2026 | 0.1% |
United States Treasury Note/Bond | 4.250% | 01/31/2026 | 0.1% |
Carmax Auto Owner Trust 2020-1 | 2.640% | 07/15/2026 | 0.1% |
Ford Motor Credit Co LLC | 4.134% | 08/04/2025 | 0.1% |
HGI CRE CLO 2021-FL1 Ltd | 6.502% | 06/16/2036 | 0.1% |
Freddie Mac STACR REMIC Trust 2022-DNA1 | 6.345% | 01/25/2042 | 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% |
Hertz Vehicle Financing III LLC | 1.990% | 06/25/2026 | 0.1% |
VICI Properties LP | 4.375% | 05/15/2025 | 0.1% |
Regatta VIII Funding Ltd | 6.828% | 10/17/2030 | 0.1% |
Avolon Holdings Funding Ltd | 2.875% | 02/15/2025 | 0.1% |
GLS Auto Receivables Issuer Trust 2021-2 | 1.080% | 06/15/2026 | 0.1% |
RenaissanceRe Finance Inc | 3.700% | 04/01/2025 | 0.1% |
Ford Motor Credit Co LLC | 5.584% | 03/18/2024 | 0.1% |
BMW Vehicle Lease Trust 2023-1 | 5.270% | 02/25/2025 | 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% |
FS RIALTO | 6.672% | 05/16/2038 | 0.1% |
Continental Resources Inc/OK | 3.800% | 06/01/2024 | 0.1% |
Fannie Mae Connecticut Avenue Securities | 6.245% | 11/25/2041 | 0.1% |
Donlen Fleet Lease Funding 2 LLC | 0.560% | 12/11/2034 | 0.1% |
National Fuel Gas Co | 0.000% | 02/08/2024 | 0.1% |
Morgan Stanley | 0.864% | 10/21/2025 | 0.1% |
CarMax Auto Owner Trust 2023-1 | 5.230% | 01/15/2026 | 0.1% |
Aircastle Ltd | 4.125% | 05/01/2024 | 0.1% |
Wells Fargo & Co | 3.908% | 04/25/2026 | 0.1% |
Flatiron Clo 17 Ltd | 6.621% | 05/15/2030 | 0.1% |
General Motors Financial Co Inc | 4.350% | 04/09/2025 | 0.1% |
Bank of America Corp | 2.456% | 10/22/2025 | 0.1% |
Santander Drive Auto Receivables Trust 2023-4 | 6.180% | 02/16/2027 | 0.1% |
American Electric Power Co Inc | 5.699% | 08/15/2025 | 0.1% |
Pagaya AI Debt Trust 2022-1 | 2.030% | 10/15/2029 | 0.1% |
L3Harris Technologies Inc | 0.000% | 08/29/2024 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA4 | 6.295% | 12/25/2041 | 0.1% |
Goldman Sachs Group Inc/The | 3.272% | 09/29/2025 | 0.1% |
Macquarie Bank Ltd | 4.875% | 06/10/2025 | 0.1% |
Ovintiv Inc | 5.650% | 05/15/2025 | 0.1% |
Ford Motor Credit Co LLC | 4.687% | 06/09/2025 | 0.1% |
BX Trust 2021-ARIA | 6.347% | 10/15/2036 | 0.1% |
Hilton Orlando Trust 2018-ORL | 6.400% | 12/15/2034 | 0.1% |
NextEra Energy Capital Holdings Inc | 5.749% | 09/01/2025 | 0.1% |
Hyundai Capital America | 3.400% | 06/20/2024 | 0.1% |
Capital One Prime Auto Receivables Trust 2023-1 | 5.200% | 05/15/2026 | 0.1% |
Citigroup Inc | 4.140% | 05/24/2025 | 0.1% |
Carrier Global Corp | 5.800% | 11/30/2025 | 0.1% |
Credit Suisse AG/New York NY | 2.950% | 04/09/2025 | 0.1% |
TARGA RESOURCES CORP | 6.712% | 07/11/2025 | 0.1% |
Carvana Auto Receivables Trust 2021-N1 | 1.090% | 01/10/2028 | 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% |
HSBC Holdings PLC | 4.292% | 09/12/2026 | 0.1% |
Ally Auto Receivables Trust 2022-3 | 5.290% | 06/16/2025 | 0.1% |
Dell Equipment Finance Trust 2021-2 | 0.940% | 12/22/2026 | 0.1% |
Biogen Inc | 6.585% | 08/26/2024 | 0.1% |
Charter Communications Operating LLC / Charter Communications Operating Capital | 4.908% | 07/23/2025 | 0.1% |
Dell Equipment Finance Trust 2021-2 | 1.210% | 06/22/2027 | 0.1% |
Allison Transmission Inc | 0.000% | 03/29/2026 | 0.1% |
Triton Container International Ltd | 1.150% | 06/07/2024 | 0.1% |
Flagship Credit Auto Trust 2023-1 | 5.380% | 12/15/2026 | 0.1% |
KeyBank NA/Cleveland OH | 5.665% | 06/14/2024 | 0.1% |
Flagship Credit Auto Trust 2021-2 | 0.930% | 06/15/2027 | 0.1% |
Ford Motor Credit Co LLC | 5.125% | 06/16/2025 | 0.1% |
Albemarle Corp | 0.000% | 02/08/2024 | 0.1% |
East Ohio Gas Co/The | 1.300% | 06/15/2025 | 0.1% |
Howmet Aerospace Inc | 6.875% | 05/01/2025 | 0.1% |
Danske Bank A/S | 3.244% | 12/20/2025 | 0.1% |
Crown Castle Inc | 1.350% | 07/15/2025 | 0.1% |
Freddie Mac STACR REMIC Trust 2021-HQA3 | 6.195% | 09/25/2041 | 0.1% |
Hyundai Auto Lease Securitization Trust 2023-A | 5.200% | 04/15/2025 | 0.1% |
GA Global Funding Trust | 1.625% | 01/15/2026 | 0.1% |
NextEra Energy Capital Holdings Inc | 4.200% | 06/20/2024 | 0.1% |
Carvana Auto Receivables Trust 2022-P3 | 4.420% | 12/10/2025 | 0.1% |
Santander Retail Auto Lease Trust 2021-B | 0.840% | 06/20/2025 | 0.1% |
Discovery Communications LLC | 3.950% | 06/15/2025 | 0.1% |
Toronto-Dominion Bank/The | 5.696% | 09/10/2024 | 0.1% |
NatWest Group PLC | 5.125% | 05/28/2024 | 0.0% |
Bank of America Corp | 3.384% | 04/02/2026 | 0.0% |
Trimble Inc | 4.750% | 12/01/2024 | 0.0% |
GM Financial Automobile Leasing Trust 2023-1 | 5.270% | 06/20/2025 | 0.0% |
Amgen Inc | 5.250% | 03/02/2025 | 0.0% |
Mercedes-Benz Auto Receivables Trust 2023-1 | 5.090% | 01/15/2026 | 0.0% |
Ford Credit Auto Lease Trust 2023-A | 5.190% | 06/15/2025 | 0.0% |
Affirm Asset Securitization Trust 2022-X1 | 1.750% | 02/15/2027 | 0.0% |
CPS Auto Receivables Trust 2022-C | 4.180% | 04/15/2030 | 0.0% |
BAXTER INTL INC | 0.066% | 09/30/2024 | 0.0% |
Atalaya Equipment Leasing Trust 21-1 | 1.230% | 05/15/2026 | 0.0% |
Nuveen Finance LLC | 4.125% | 11/01/2024 | 0.0% |
Tricolor Auto Securitization Trust 2023-1 | 6.480% | 08/17/2026 | 0.0% |
Ford Motor Credit Co LLC | 3.375% | 11/13/2025 | 0.0% |
Octane Receivables Trust 2021-1 | 0.930% | 03/22/2027 | 0.0% |
BBVA Bancomer SA/Texas | 4.375% | 04/10/2024 | 0.0% |
Flagship Credit Auto Trust 2022-3 | 4.060% | 10/15/2025 | 0.0% |
Connecticut Avenue Securities Trust 2021-R01 | 6.095% | 10/25/2041 | 0.0% |
Avant Loans Funding Trust 2021-REV1 | 1.210% | 07/15/2030 | 0.0% |
Arivo Acceptance Auto Loan Receivables Trust 2021-1 | 1.190% | 01/15/2027 | 0.0% |
Freddie Mac STACR REMIC Trust 2021-DNA6 | 6.145% | 10/25/2041 | 0.0% |
Santander Drive Auto Receivables Trust 2021-2 | 0.900% | 06/15/2026 | 0.0% |
GLS Auto Receivables Issuer Trust 2021-1 | 1.200% | 01/15/2027 | 0.0% |
Freddie Mac STACR REMIC Trust 2021-HQA2 | 6.045% | 12/25/2033 | 0.0% |
BDS 2020-FL5 LTD | 6.602% | 02/16/2037 | 0.0% |
Exeter Automobile Receivables Trust 2022-4 | 4.330% | 02/17/2026 | 0.0% |
Foursight Capital Automobile Receivables Trust 2021-2 | 0.810% | 05/15/2026 | 0.0% |
Dividends & Cap Gains
Dividends & Cap Gains
DIVIDEND PAYMENTS
DIVIDEND PAYMENTS
- YTD Dividends Paidas of 03/18/2024
- $0.08205
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 02/29/2024 | $0.04025 | $9.97 |
Daily | Daily | 01/31/2024 | $0.04180 | $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 | 03/31/2024 |
Daily | Daily | 04/30/2024 |
Daily | Daily | 05/31/2024 |
Daily | Daily | 06/30/2024 |
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 02/29/2024
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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