Ultra Short Bond Fund

LUBAX

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Daily price w/o sales charge as of 11/19/2018

$10.00

$0.00

YTD Returns w/o sales charge as of 11/19/2018

1.74%

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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 11/19/2018

	Subsidized³	Un-Subsidized³
w/o sales charge	2.33%	2.22%
w/ sales charge	-	-

30-Day Standardized Yield ² as of 10/31/2018

	Subsidized⁵	Un-Subsidized⁶
w/o sales charge	2.25%	2.15%

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

Expense Ratioas of 10/31/2018

Expense ratio details, Click here.

The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 03/31/2019. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.

Fund Basicsas of 10/31/2018

Total Net Assets: $11.09 B
Inception Date: 10/17/2016
Dividend Frequency: Monthly (Daily Accrual)
Number of Holdings: 624
CUSIP: 54401E473
Minimum Initial Investment: $1,500+

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 10/17/2016

w/o sales charge	1.61%	1.85%	-	-	-	1.57%
Lipper Category Avg. Ultra-Short Obligations Funds	1.38%	1.58%	-	-	-	-
ICE BofAML U.S. Treasury Bill Index	1.47%	1.64%	-	-	-	1.15%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 10/17/2016

w/o sales charge	1.52%	1.88%	-	-	-	1.59%
Lipper Category Avg. Ultra-Short Obligations Funds	1.35%	1.67%	-	-	-	-
ICE BofAML U.S. Treasury Bill Index	1.29%	1.54%	-	-	-	1.11%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Credit Quality Distribution as of 10/31/2018 View Portfolio

Rating	Assets
A-1/P-1
A-2/P-2
A-3/P-3
U.S. Treasury
AAA
AA
A
BBB

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Andrew H. O'Brien, CFA

Partner & Portfolio Manager

20 Years of Industry Experience

Kewjin Yuoh

Partner & Portfolio Manager

24 Years of Industry Experience

Adam C. Castle, CFA

Portfolio Manager

10 Years of Industry Experience

Yoana Koleva, CFA

Portfolio Manager

15 Years of Industry Experience

Supported By 63 Investment Professionals with 15 Years Avg. Industry Experience

Your Representative

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Performance

NAV HISTORICAL PRICES

Date	Net Asset Value

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 10/17/2016

w/o sales charge	1.61%	1.85%	-	-	-	1.57%
Lipper Category Avg. Ultra-Short Obligations Funds	1.38%	1.58%	-	-	-	-
ICE BofAML U.S. Treasury Bill Index	1.47%	1.64%	-	-	-	1.15%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 10/17/2016

w/o sales charge	1.52%	1.88%	-	-	-	1.59%
Lipper Category Avg. Ultra-Short Obligations Funds	1.35%	1.67%	-	-	-	-
ICE BofAML U.S. Treasury Bill Index	1.29%	1.54%	-	-	-	1.11%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.

Year	Fund Returns	ICE BofAML U.S. Treasury Bill Index

2017	1.42%	0.82%
2016	0.15%	0.37%

Year	Q1	Q2	Q3	Q4	Yearly Returns

2018	0.32%	0.53%	0.66%	-	1.74%
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.

Portfolio

Type	Assets
Corp Floating
Commercial Paper
ABS
U.S. Government Related
Corp Fixed Rate
Other
Cash

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

CREDIT QUALITY DISTRIBUTION as of 10/31/2018

Rating	Assets
A-1/P-1
A-2/P-2
A-3/P-3
U.S. Treasury
AAA
AA
A
BBB

Portfolio Positioning as of 09/30/2018

The portfolio maintained its diversified exposure beyond the Treasury securities represented in its benchmark, the ICE BofA Merrill Lynch U.S. Treasury Bill Index. The portfolio primarily invests in investment grade bonds with floating rate coupons, asset-backed securities, and commercial paper, all with short maturities. We favor all three of these asset classes as we believe they exhibit attractive risk-adjusted carry opportunities.
The 3-month London Interbank Offered Rate (LIBOR) remained relatively flat during the period, ending the quarter at 2.40%, only 6 basis points higher than levels seen last quarter, but 106 basis points higher than levels seen a year ago. Higher LIBOR rates tend to benefit the strategy, as large portions of the portfolio have floating rate coupons tied to LIBOR.
We increased the portfolio’s allocation to asset-backed securities (ABS) backed by credit card receivables and auto loans during the third quarter. We believe that ABS continues to offer relative value and strong carry opportunities versus corporate issuers.
We reduced the portfolio’s allocation to commercial paper and floating rate notes during the quarter. While we have found opportunities in overnight commercial paper, we modestly reallocated the portfolio’s exposure as these securities rolled off. Additionally, we continue to maintain a positive view on the financial sector within floating rate securities, as we believe this sector offers opportunities due to improving credit qualities and economic growth. However, we reduced the portfolio’s allocation to floating rate notes to focus on more domestically-oriented asset classes.

Portfolio Details as of 10/31/2018

Total Net Assets: $11.09 B
Number of Issues: 624
Average Coupon: 1.88%
Average Life: 0.90 Years
Average Effective Duration: 0.29 Years

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

Holding	Coupon	Maturity	Assets

United States Treasury Bill	0.000%	11/08/2018	1.9%
Morgan Stanley	3.155%	02/14/2020	1.3%
Bank of America NA	2.561%	08/28/2020	1.0%
UBS AG London	2.639%	05/28/2019	1.0%
Boston Scientific Corp.	0.000%	11/13/2018	0.9%
Rockwell Collins, Inc.	0.000%	11/02/2018	0.9%
Ford Credit Auto Owner Trust 2014-REV2	2.310%	04/15/2026	0.9%
ABN Amro Bank NV	2.973%	01/18/2019	0.8%
Dr. Pepper Snapple Group, Inc.	0.000%	11/20/2018	0.8%
LafargeHolcim Finance US LLC	0.000%	11/15/2018	0.8%

% of Total Assets			10.3%

Holding	Coupon	Maturity	Assets

United States Treasury Bill	0.000%	11/08/2018	2.1%
Bank of America NA	2.561%	08/28/2020	1.1%
Morgan Stanley	3.155%	02/14/2020	1.1%
UBS AG London	2.639%	05/28/2019	1.1%
Williams Cos., Inc.	0.000%	10/01/2018	1.0%
ABN Amro Bank NV	2.995%	01/18/2019	0.9%
Thomson Reuters Corp.	0.000%	10/02/2018	0.9%
Sumitomo Mitsui Banking Corp	2.703%	01/17/2020	0.9%
JPMorgan Chase & Co.	2.989%	01/28/2019	0.9%
Pacific Gas & Electric Co.	2.541%	11/28/2018	0.8%
Marriott International, Inc.	0.000%	10/16/2018	0.8%
Goldman Sachs Group, Inc.	2.939%	11/15/2018	0.8%
JPMorgan Chase Bank NA	2.545%	09/01/2020	0.7%
Sherwin-Williams Co.	0.000%	10/09/2018	0.7%
HSBC Holdings plc	2.984%	09/11/2021	0.7%
Royal Caribbean Cruises Ltd.	0.000%	10/15/2018	0.7%
Humana, Inc.	0.000%	10/10/2018	0.7%
Wells Fargo Bank, N.A.	2.847%	07/23/2021	0.7%
BA Credit Card Trust	1.840%	01/17/2023	0.7%
Wells Fargo & Co.	3.039%	01/30/2020	0.7%
Toronto-Dominion Bank	2.594%	09/17/2020	0.7%
Bank of America Corp.	3.388%	01/15/2019	0.6%
Capital One Multi-Asset Execution Trust	1.990%	07/17/2023	0.6%
Nutrien Ltd	0.000%	10/26/2018	0.6%
Energy Transfer Partners L.P.	0.000%	10/04/2018	0.6%
Cabela's Credit Card Master Note Trust	3.008%	06/15/2022	0.6%
Humana, Inc.	0.000%	10/17/2018	0.6%
Dollar Tree, Inc.	3.055%	04/17/2020	0.6%
Wells Fargo & Co.	3.242%	07/22/2020	0.5%
Master Credit Card Trust II	2.260%	07/21/2021	0.5%
TransCanada Pipelines Ltd.	0.000%	11/05/2018	0.5%
Glencore Funding LLC	0.000%	10/04/2018	0.5%
Rockwell Collins, Inc.	0.000%	10/10/2018	0.5%
Goldman Sachs Group, Inc.	3.400%	04/25/2019	0.5%
US Bank NA	2.592%	07/24/2020	0.5%
Toyota Motor Credit Corp.	2.582%	07/15/2020	0.5%
Hewlett-Packard Co.	0.000%	10/22/2018	0.5%
Southern Co.	2.802%	02/14/2020	0.5%
American Honda Finance Corp.	2.460%	02/21/2020	0.5%
NextEra Energy Capital Holdings, Inc.	2.861%	08/28/2021	0.5%
FedEx Corp.	0.000%	10/09/2018	0.5%
Thomson Reuters Corp.	0.000%	10/09/2018	0.5%
Sempra Global	0.000%	10/19/2018	0.5%
Glencore Funding LLC	0.000%	10/02/2018	0.5%
Marriott International, Inc.	0.000%	10/19/2018	0.5%
Enbridge Energy Partners L.P.	0.000%	10/22/2018	0.5%
ING Bank NV	3.462%	03/22/2019	0.4%
Regions Bank, Birmingham, AL	2.838%	08/13/2021	0.4%
Santander Drive Auto Receivables Trust 2015-4	4.540%	11/15/2022	0.4%
Capital One Multi-Asset Execution Trust	2.000%	01/17/2023	0.4%
Ford Credit Auto Owner Trust 2014-REV2	2.310%	04/15/2026	0.4%
Ford Motor Credit Co. LLC	3.919%	01/08/2019	0.4%
Kraft Heinz Foods Co.	0.000%	10/23/2018	0.4%
NiSource, Inc.	0.000%	11/01/2018	0.4%
General Electric Co.	2.951%	01/09/2020	0.4%
Sempra Global	0.000%	10/01/2018	0.4%
Southern Power Co	2.875%	12/20/2020	0.4%
Energy Transfer Partners L.P.	0.000%	10/15/2018	0.4%
Bank of Montreal	2.677%	07/13/2020	0.4%
Santander Drive Auto Receivables Trust 2016-1	5.040%	06/15/2023	0.4%
South Carolina Fuel Co Inc	0.000%	10/02/2018	0.4%
Santander Drive Auto Receivables Trust 2018-4	3.270%	01/17/2023	0.4%
CNH Capital LLC	0.000%	10/16/2018	0.4%
Drive Auto Receivables Trust	2.750%	10/15/2020	0.4%
Laclede Group, Inc.	0.000%	10/15/2018	0.4%
Conn's Receivables Funding 2018-A LLC	3.250%	01/15/2023	0.4%
Ford Motor Credit Co. LLC	3.339%	01/09/2020	0.4%
Flagship Credit Auto Trust 2018-3	3.070%	02/15/2023	0.4%
General Motors Financial Co., Inc.	0.000%	10/15/2018	0.4%
Discover Card Execution Note Trust	1.390%	03/15/2022	0.4%
Marlette Funding Trust 2018-3	3.200%	09/15/2028	0.4%
Hawaiian Electric Co., Inc.	0.000%	10/15/2018	0.4%
Entergy Corp.	0.000%	10/05/2018	0.4%
Glencore Funding LLC	0.000%	10/10/2018	0.3%
Toronto-Dominion Bank	2.606%	06/11/2020	0.3%
American Honda Finance Corp.	2.599%	06/16/2020	0.3%
Nutrien Ltd	0.000%	10/05/2018	0.3%
DLL 2018-1 LLC	2.810%	11/17/2020	0.3%
Ford Motor Credit Co. LLC	3.085%	10/12/2021	0.3%
Intesa Sanpaolo SpA	2.983%	07/17/2019	0.3%
Hewlett Packard Enterprise Co.	3.059%	10/05/2021	0.3%
Enterprise Products Operating LLC	0.000%	10/23/2018	0.3%
Enable Midstream Partners L.P.	0.000%	10/22/2018	0.3%
Credit Agricole Corporate & Investment Bank SA	3.011%	10/03/2021	0.3%
Nissan Motor Acceptance Corp.	2.854%	03/15/2021	0.3%
Marriott International, Inc.	0.000%	10/17/2018	0.3%
Dell Equipment Finance Trust 2018-1	2.970%	10/22/2020	0.3%
Synchrony Credit Card Master Note Trust	2.370%	03/15/2023	0.3%
Huntington National Bank	2.837%	03/10/2020	0.3%
Citibank, Inc.	2.678%	05/01/2020	0.3%
Navistar Financial Dealer Note Master Owner Trust	2.798%	09/25/2023	0.3%
Kraft Heinz Foods Co.	0.000%	10/04/2018	0.3%
Campbell Soup Co.	0.000%	10/24/2018	0.3%
TransCanada Pipelines Ltd.	0.000%	10/29/2018	0.3%
Canadian Imperial Bank of Commerce/New York NY	2.735%	09/20/2019	0.3%
HSBC Holdings plc	2.922%	05/18/2021	0.3%
Citibank, Inc.	2.917%	07/23/2021	0.3%
John Deere Capital Corp.	2.511%	01/07/2020	0.3%
Boston Scientific Corp.	0.000%	10/01/2018	0.3%
Royal Bank of Canada	2.635%	07/22/2020	0.3%
Goldman Sachs Group, Inc.	3.382%	10/23/2019	0.3%
Bemis Co., Inc.	0.000%	10/03/2018	0.3%
New York Life Global Funding	2.660%	08/06/2021	0.3%
ABN Amro Bank NV	2.881%	08/27/2021	0.3%
World Financial Network Credit Card Master Trust	1.980%	06/15/2023	0.3%
Laclede Group, Inc.	0.000%	10/18/2018	0.3%
Royal Caribbean Cruises Ltd.	0.000%	10/26/2018	0.3%
Santander UK plc	3.816%	03/14/2019	0.3%
Goldman Sachs Group, Inc.	3.522%	04/23/2020	0.3%
Sherwin-Williams Co.	0.000%	10/01/2018	0.3%
Macquarie Bank Ltd.	2.662%	04/04/2019	0.3%
Energy Transfer Partners L.P.	0.000%	10/03/2018	0.3%
American Credit Acceptance Receivables Trust 2018-	2.940%	01/10/2022	0.3%
CNH Capital LLC	0.000%	10/09/2018	0.3%
Constellation Brands, Inc.	0.000%	10/29/2018	0.3%
Fifth Third Bank, OH	2.775%	07/26/2021	0.3%
Drive Auto Receivables Trust	3.040%	11/15/2021	0.3%
Citigroup, Inc.	3.249%	06/07/2019	0.3%
CVS Caremark Corp.	2.957%	03/09/2020	0.3%
Sherwin-Williams Co.	0.000%	10/02/2018	0.3%
Hawaiian Electric Co., Inc.	0.000%	10/10/2018	0.3%
CNH Capital LLC	0.000%	10/15/2018	0.3%
GMF Floorplan Owner Revolving Trust	2.363%	03/15/2022	0.3%
JPMorgan Chase Bank NA	2.702%	04/26/2021	0.3%
Enable Midstream Partners L.P.	0.000%	12/17/2018	0.2%
Manufacturers & Traders Trust Co	3.280%	12/28/2020	0.2%
WGL Holdings, Inc.	2.876%	03/12/2020	0.2%
Sempra Global	0.000%	10/30/2018	0.2%
Sumitomo Mitsui Banking Corp	2.665%	10/18/2019	0.2%
Sempra Global	0.000%	10/03/2018	0.2%
Wells Fargo Bank, N.A.	2.578%	01/15/2020	0.2%
Compass Bank	3.057%	06/11/2021	0.2%
Consolidated Edison Co. of New York, Inc.	2.739%	06/25/2021	0.2%
Protective Life Global Funding	2.856%	06/28/2021	0.2%
US Bank NA	2.602%	05/21/2021	0.2%
Campbell Soup Co.	0.000%	10/31/2018	0.2%
Nissan Master Owner Trust Receivables	2.588%	04/18/2022	0.2%
BMW US Capital LLC	2.689%	08/14/2020	0.2%
BMW US Capital LLC	2.819%	08/13/2021	0.2%
Enable Midstream Partners L.P.	0.000%	10/10/2018	0.2%
Westlake Automobile Receivables Trust 2018-3	3.320%	10/16/2023	0.2%
Hawaiian Electric Co., Inc.	0.000%	10/16/2018	0.2%
Aviation Capital Group Corp.	0.000%	10/18/2018	0.2%
BAT International Finance plc	0.000%	12/10/2018	0.2%
Flagship Credit Auto Trust 2018-2	2.970%	10/17/2022	0.2%
DLL 2018-1 LLC	3.100%	04/18/2022	0.2%
Golden Credit Card Trust	1.980%	04/15/2022	0.2%
Citigroup, Inc.	3.101%	04/08/2019	0.2%
NextGear Floorplan Master Owner Trust	2.190%	09/15/2021	0.2%
DLL Securitization Trust 2017-A	2.140%	12/15/2021	0.2%
Constellation Brands, Inc.	0.000%	10/15/2018	0.2%
General Motors Financial Co., Inc.	0.000%	10/22/2018	0.2%
Springleaf Funding Trust 2016-A	2.900%	11/15/2029	0.2%
Daimler Finance North America LLC	2.979%	10/30/2019	0.2%
Canadian Imperial Bank of Commerce	2.647%	10/05/2020	0.2%
ONEOK, Inc.	0.000%	10/01/2018	0.2%
GMF Floorplan Owner Revolving Trust	2.580%	01/18/2022	0.2%
Bank of Montreal	2.577%	09/11/2019	0.2%
Constellation Brands, Inc.	0.000%	10/12/2018	0.2%
Campbell Soup Co.	0.000%	10/12/2018	0.2%
Westpac Banking Corp.	3.065%	05/13/2019	0.2%
NiSource, Inc.	0.000%	10/23/2018	0.2%
Standard Chartered plc	3.452%	08/19/2019	0.2%
JPMorgan Chase & Co.	3.317%	01/23/2020	0.2%
Dow Chemical Co.	0.000%	11/05/2018	0.2%
SMB Private Education Loan Trust 2018-B	2.478%	12/16/2024	0.2%
World Financial Network Credit Card Master Trust	2.150%	04/17/2023	0.2%
WGL Holdings, Inc.	2.719%	11/29/2019	0.2%
Ally Master Owner Trust	2.498%	06/15/2021	0.2%
Campbell Soup Co.	0.000%	10/10/2018	0.2%
Martin Marietta Materials, Inc.	2.980%	05/22/2020	0.2%
Swedbank AB	3.049%	11/01/2018	0.2%
Vulcan Materials Co.	2.971%	03/01/2021	0.2%
Suncor Energy, Inc.	0.000%	10/04/2018	0.2%
Svenska Handelsbanken/New York NY	2.617%	10/21/2019	0.2%
Royal Caribbean Cruises Ltd.	0.000%	10/31/2018	0.2%
Goldman Sachs Group, Inc.	3.067%	12/27/2020	0.2%
Zimmer Biomet Holdings, Inc.	3.076%	03/19/2021	0.2%
Capital Auto Receivables Asset Trust 2018-1	2.790%	01/20/2022	0.2%
Lloyds Bank plc	2.853%	05/07/2021	0.2%
Macquarie Bank Ltd.	3.528%	01/15/2019	0.2%
Cabela's Credit Card Master Note Trust	1.780%	06/15/2022	0.2%
Westlake Automobile Receivables Trust 2018-3	2.980%	01/18/2022	0.2%
Bemis Co., Inc.	0.000%	10/04/2018	0.2%
Federation des Caisses Desjardins du Quebec	2.689%	10/30/2020	0.2%
Sherwin-Williams Co.	0.000%	10/04/2018	0.2%
Enbridge Energy Partners L.P.	0.000%	10/17/2018	0.2%
Harley-Davidson Financial Services Inc	2.812%	05/21/2020	0.2%
Mitsubishi UFJ Financial Grp, Inc.	2.985%	07/26/2021	0.2%
Gracechurch Card Funding PLC	2.558%	07/15/2022	0.2%
Capital One Multi-Asset Execution Trust	1.330%	06/15/2022	0.2%
Ford Credit Floorplan Master Owner Trust A	2.390%	08/15/2022	0.2%
Nutrien Ltd	0.000%	10/02/2018	0.2%
Dominion Resources, Inc.	0.000%	10/02/2018	0.2%
General Motors Financial Co., Inc.	3.819%	05/09/2019	0.2%
Halfmoon Parent Inc	2.684%	03/17/2020	0.2%
Suncor Energy, Inc.	0.000%	11/01/2018	0.2%
General Motors Financial Co., Inc.	3.582%	10/04/2019	0.2%
Nutrien Ltd	0.000%	10/16/2018	0.2%
NiSource, Inc.	0.000%	10/30/2018	0.2%
Drive Auto Receivables Trust	4.180%	03/15/2024	0.2%
Santander Drive Auto Receivables Trust 2018-3	2.780%	03/15/2021	0.2%
Santander Drive Auto Receivables Trust 2015-5	3.650%	12/15/2021	0.2%
PFS Financing Corp.	2.463%	02/15/2022	0.2%
Zoetis, Inc.	2.762%	08/20/2021	0.2%
Martin Marietta Materials, Inc.	2.838%	12/20/2019	0.2%
Branch Banking & Trust Co.	2.789%	01/15/2020	0.2%
Sofi Professional Loan Program 2018-B Trust	2.640%	08/25/2047	0.2%
Goldman Sachs Group, Inc.	3.133%	12/13/2019	0.2%
Drive Auto Receivables Trust	3.190%	07/15/2022	0.2%
Foursight Capital Automobile Receivables Trust 201	2.850%	08/16/2021	0.2%
Citibank Credit Card Issuance Trust	1.920%	04/07/2022	0.2%
Drive Auto Receivables Trust	2.780%	10/15/2020	0.2%
FMC Technologies, Inc.	0.000%	10/15/2018	0.2%
Cabela's Credit Card Master Note Trust	2.608%	07/15/2022	0.2%
Ford Motor Credit Co. LLC	3.168%	08/12/2019	0.2%
Morgan Stanley	3.506%	01/27/2020	0.2%
Sherwin-Williams Co.	0.000%	10/11/2018	0.2%
Chase Issuance Trust	1.270%	07/15/2021	0.2%
AmeriCredit Automobile Receivables Trust	3.370%	11/08/2021	0.2%
UBS AG	2.995%	08/14/2019	0.2%
California Republic Auto Receivables Trust 2018-1	2.860%	03/15/2021	0.2%
UBS AG London	2.801%	12/01/2020	0.2%
JPMorgan Chase Bank NA	2.605%	02/13/2020	0.2%
Citibank, Inc.	2.595%	09/18/2019	0.2%
Macquarie Bank Ltd.	2.691%	03/15/2019	0.2%
Sempra Energy	2.598%	07/15/2019	0.2%
Daimler Finance North America LLC	2.753%	05/04/2020	0.2%
Skandinaviska Enskilda Banken AB	2.903%	09/13/2019	0.1%
Campbell Soup Co.	2.835%	03/16/2020	0.1%
Westpac Banking Corp.	2.623%	05/15/2020	0.1%
National Australia Bank Ltd.	2.689%	01/12/2021	0.1%
Ford Motor Credit Co. LLC	3.147%	04/05/2021	0.1%
Phillips 66	2.998%	04/15/2019	0.1%
Lloyds Bank plc	3.362%	01/22/2019	0.1%
Bayer US Finance II LLC	2.965%	06/25/2021	0.1%
Gilead Sciences, Inc.	2.545%	03/20/2019	0.1%
Discover Card Execution Note Trust	1.900%	10/17/2022	0.1%
Danske Bank A/S	2.831%	03/02/2020	0.1%
SL Green Operating Partnership L.P.	3.323%	08/16/2021	0.1%
FREED ABS TRUST 2018-1	3.610%	07/18/2024	0.1%
Santander UK plc	2.941%	06/01/2021	0.1%
United Technologies Corp.	2.965%	08/16/2021	0.1%
General Motors Financial Co., Inc.	0.000%	10/09/2018	0.1%
Morgan Stanley	3.733%	02/01/2019	0.1%
Harris Corp.	0.000%	10/10/2018	0.1%
Harris Corp.	0.000%	10/18/2018	0.1%
CNH Capital LLC	0.000%	10/11/2018	0.1%
Capital Auto Receivables Asset Trust 2018-1	2.930%	06/20/2022	0.1%
Enable Midstream Partners L.P.	0.000%	10/02/2018	0.1%
Bank of Montreal	2.926%	12/12/2019	0.1%
Drive Auto Receivables Trust 2018-2	2.880%	06/15/2021	0.1%
Bank of America Corp.	3.207%	04/01/2019	0.1%
Hewlett-Packard Co.	0.000%	10/24/2018	0.1%
Campbell Soup Co.	0.000%	10/15/2018	0.1%
Morgan Stanley	3.315%	06/16/2020	0.1%
Chase Issuance Trust	1.580%	08/15/2021	0.1%
American Credit Acceptance Receivables Trust 2018-	2.720%	03/10/2021	0.1%
NextGear Floorplan Master Owner Trust	2.540%	04/18/2022	0.1%
Vulcan Materials Co.	2.941%	06/15/2020	0.1%
Credit Agricole S.A.	3.148%	04/15/2019	0.1%
Chase Issuance Trust	2.358%	04/17/2023	0.1%
Drive Auto Receivables Trust	3.010%	11/15/2021	0.1%
TCF Auto Receivables Owner Trust 2015-2	2.550%	04/15/2021	0.1%
AIG Global Funding	2.788%	07/02/2020	0.1%
AmeriCredit Automobile Receivables 2015-4	3.720%	12/08/2021	0.1%
Walgreen Co.	0.000%	10/09/2018	0.1%
Enable Midstream Partners L.P.	0.000%	10/15/2018	0.1%
Mondelez International Holdings Netherlands BV	2.969%	10/28/2019	0.1%
Australia & New Zealand Banking Group Ltd.	2.772%	05/17/2021	0.1%
California Republic Auto Receivables Trust 2017-1	2.280%	06/15/2022	0.1%
Sofi Professional Loan Program 2018-A LLC	2.390%	02/25/2042	0.1%
CPS Auto Trust	3.310%	12/15/2022	0.1%
SCF Equipment Leasing 2018-1 LLC	3.630%	10/20/2024	0.1%
Ford Credit Floorplan Master Owner Trust A	1.980%	01/15/2022	0.1%
Toyota Auto Receivables 2016-D Owner Trust	1.230%	10/15/2020	0.1%
Citibank, Inc.	2.665%	03/20/2019	0.1%
Capital Auto Receivables Asset Trust	2.670%	08/20/2020	0.1%
Constellation Brands, Inc.	0.000%	10/05/2018	0.1%
Harris Corp.	0.000%	10/12/2018	0.1%
Boston Scientific Corp.	0.000%	10/16/2018	0.1%
Glencore Funding LLC	0.000%	10/26/2018	0.1%
Nordea Bank AB	2.777%	05/29/2020	0.1%
Daimler Finance North America LLC	2.785%	02/12/2021	0.1%
Citibank, Inc.	2.659%	10/20/2020	0.1%
CPS Auto Trust	2.870%	09/15/2021	0.1%
Drive Auto Receivables Trust	5.150%	08/15/2022	0.1%
Becton, Dickinson & Co.	3.209%	12/29/2020	0.1%
Dominion Resources, Inc.	0.000%	10/16/2018	0.1%
Constellation Brands, Inc.	0.000%	10/04/2018	0.1%
Drive Auto Receivables Trust	3.720%	10/17/2022	0.1%
CPS Auto Receivables Trust 2018-B	2.720%	09/15/2021	0.1%
Exeter Automobile Receivables Trust 2017-3	2.050%	12/15/2021	0.1%
OSCAR US Funding Trust VII LLC	2.783%	11/10/2020	0.1%
Barclays Bank plc	3.109%	10/28/2019	0.1%
Honda Auto Receivables 2017-3 Owner Trust	1.790%	09/20/2021	0.1%
John Deere Capital Corp.	2.441%	07/05/2019	0.1%
MMAF Equipment Finance LLC 2014-A	1.590%	02/08/2022	0.1%
Santander UK plc	2.654%	11/03/2020	0.1%
ConAgra Brands, Inc.	2.831%	10/09/2020	0.1%
AmeriCredit Automobile Receivables 2015-1	2.510%	01/08/2021	0.1%
Australia & New Zealand Banking Group Ltd.	2.576%	12/19/2019	0.1%
Branch Banking & Trust Co.	2.541%	06/01/2020	0.1%
Credit Acceptance Auto Loan Trust 2016-2	2.420%	11/15/2023	0.1%
Enbridge Energy Partners L.P.	0.000%	10/01/2018	0.1%
Aviation Capital Group Corp.	0.000%	10/19/2018	0.1%
Humana, Inc.	0.000%	11/01/2018	0.1%
Morgan Stanley	2.903%	02/10/2021	0.1%
Alimentation Couche-Tard, Inc.	2.833%	12/13/2019	0.1%
Assurant, Inc.	3.589%	03/26/2021	0.1%
General Dynamics Corp.	2.646%	05/11/2020	0.1%
ABN Amro Bank NV	2.752%	01/19/2021	0.1%
OneMain Financial Issuance Trust 2015	3.190%	03/18/2026	0.1%
Aviation Capital Group Corp.	3.013%	07/30/2021	0.1%
Spirit AeroSystems, Inc.	3.118%	06/15/2021	0.1%
Equifax, Inc.	3.200%	08/15/2021	0.1%
American Express Credit Account Master Trust	2.670%	10/17/2022	0.1%
Lloyds Banking Group plc	3.153%	06/21/2021	0.1%
South Carolina Fuel Co Inc	0.000%	10/03/2018	0.1%
Citigroup, Inc.	3.127%	01/10/2020	0.1%
Wabtec Corp.	3.382%	09/15/2021	0.1%
Williams Cos., Inc.	0.000%	10/22/2018	0.1%
WGL Holdings, Inc.	0.000%	11/07/2018	0.1%
Wells Fargo Bank, N.A.	2.964%	12/06/2019	0.1%
Citigroup, Inc.	3.672%	10/26/2020	0.1%
Credit Acceptance Auto Loan Trust 2016-3	2.150%	04/15/2024	0.1%
Master Credit Card Trust II	3.400%	01/21/2022	0.1%
Commonwealth Bank of Australia	2.776%	03/10/2020	0.1%
Sumitomo Mitsui Trust Bank Ltd	2.766%	09/19/2019	0.1%
Deutsche Telekom International Finance	2.776%	09/19/2019	0.1%
Entergy Corp.	0.000%	10/25/2018	0.1%
World Financial Network Credit Card Master Trust	1.980%	08/15/2023	0.1%
AmeriCredit Automobile Receivables Trust 2017-4	2.040%	07/18/2022	0.1%
Drive Auto Receivables Trust	3.910%	05/17/2021	0.1%
Campbell Soup Co.	0.000%	11/08/2018	0.1%
Branch Banking & Trust Co.	3.054%	01/15/2020	0.1%
CPS Auto Receivables Trust 2016-C	3.270%	06/15/2022	0.1%
Chesapeake Funding II LLC	2.110%	03/15/2028	0.1%
Ford Motor Credit Co. LLC	3.156%	03/12/2019	0.1%
Citibank Credit Card Issuance Trust	1.800%	09/20/2021	0.1%
Engs Commercial Finance Trust 2018-1	2.970%	02/22/2021	0.1%
Flagship Credit Auto Trust 2016-3	2.430%	06/15/2021	0.1%
Drive Auto Receivables Trust	4.530%	08/15/2023	0.1%
Americredit Automobile Receivables Trust	2.470%	11/09/2020	0.1%
SCF Equipment Leasing 2018-1 LLC	2.810%	04/20/2021	0.1%
Drive Auto Receivables Trust 2017-2	2.750%	09/15/2023	0.1%
General Motors Financial Co., Inc.	3.272%	04/13/2020	0.1%
National Australia Bank Ltd.	3.016%	12/09/2019	0.1%
ING Bank NV	2.931%	08/15/2019	0.1%
General Motors Financial Co., Inc.	3.908%	01/15/2020	0.1%
Tyson Foods, Inc.	2.750%	05/30/2019	0.1%
Drive Auto Receivables Trust 2017-1	2.840%	04/15/2022	0.1%
American Express Credit Corp.	2.684%	05/03/2019	0.1%
Standard Chartered plc	3.452%	08/19/2019	0.1%
Drive Auto Receivables Trust	3.360%	10/17/2022	0.1%
Flagship Credit Auto Trust	3.050%	08/16/2021	0.1%
Gilead Sciences, Inc.	2.575%	09/20/2019	0.1%
Nissan Motor Acceptance Corp.	2.726%	09/28/2020	0.1%
Thomson Reuters Corp.	0.000%	10/10/2018	0.1%
Enbridge Energy Partners L.P.	0.000%	10/15/2018	0.1%
Drive Auto Receivables Trust	2.610%	08/16/2021	0.1%
PFS Financing Corp.	1.870%	10/15/2021	0.1%
World Financial Network Credit Card Master Trust	3.340%	04/17/2023	0.1%
Discover Card Execution Note Trust	1.640%	07/15/2021	0.1%
OneMain Financial Issuance Trust 2016-1A	3.660%	02/20/2029	0.1%
Commonwealth Bank of Australia	2.735%	09/18/2020	0.1%
Sempra Energy	2.848%	01/15/2021	0.1%
Metropolitan Life Global Funding I	2.546%	09/19/2019	0.1%
Ally Auto Receivables Trust 2014-3	2.140%	07/15/2020	0.1%
General Motors Financial Co., Inc.	0.000%	10/18/2018	0.1%
Entergy Corp.	0.000%	10/23/2018	0.1%
SOFI PROFESSIONAL LOAN PROGRAM 2017-F LLC	2.050%	01/25/2041	0.1%
Barclays Dryrock Issuance Trust	2.410%	07/15/2022	0.1%
Nordea Bank AB	2.954%	09/30/2019	0.1%
Capital Auto Receivables Asset Trust 2017-1	2.020%	08/20/2021	0.1%
Phillips 66	2.911%	02/26/2021	0.1%
Drive Auto Receivables Trust	2.980%	01/18/2022	0.1%
Mercedes-Benz Master Owner Trust 2018-BA	2.500%	05/15/2023	0.1%
AmeriCredit Automobile Receivables Trust 2015-3	2.730%	03/08/2021	0.1%
Wheels SPV 2 LLC	3.060%	04/20/2027	0.1%
TCF Auto Receivables Owner Trust	1.960%	11/16/2020	0.1%
Nissan Motor Acceptance Corp.	2.922%	01/13/2020	0.1%
Chrysler Capital Auto Receivables Trust	3.150%	01/18/2022	0.1%
AmeriCredit Automobile Receivables Trust 2016-3	2.710%	09/08/2022	0.1%
Entergy Corp.	0.000%	11/07/2018	0.1%
Hyundai Capital America	2.400%	10/30/2018	0.1%
Ascentium Equipment Receivables 2017-2 Trust	2.000%	05/11/2020	0.1%
Citigroup, Inc.	3.179%	12/07/2018	0.1%
Santander Drive Auto Receivables Trust 2017-3	1.870%	06/15/2021	0.1%
Nissan Motor Acceptance Corp.	2.853%	09/13/2019	0.1%
General Electric Co.	2.858%	01/14/2019	0.1%
BAT International Finance plc	0.000%	10/01/2018	0.1%
PFS Financing Corp.	2.758%	02/15/2022	0.1%
Enbridge Energy Partners L.P.	0.000%	10/02/2018	0.1%
CPS Auto Receivables Trust 2016-C	5.920%	06/15/2022	0.1%
Commonwealth Bank of Australia	3.139%	11/02/2018	0.1%
Foursight Capital Automobile Receivables Trust 201	3.240%	09/15/2022	0.1%
Origin Energy Finance Ltd.	3.500%	10/09/2018	0.1%
Exeter Automobile Receivables Trust 2015-1	5.830%	12/15/2021	0.1%
Ford Motor Credit Co. LLC	2.779%	11/02/2020	0.1%
UBS AG London	2.639%	12/07/2018	0.1%
General Motors Co.	3.500%	10/02/2018	0.1%
Mercedes-Benz Auto Lease Trust 2018-A	2.200%	04/15/2020	0.1%
Verizon Owner Trust 2017-1	2.450%	09/20/2021	0.1%
Capital Auto Receivables Asset Trust	2.290%	05/20/2020	0.1%
General Motors Financial Co., Inc.	4.408%	01/15/2019	0.1%
Daimler Finance North America LLC	2.967%	01/06/2020	0.1%
Bank of Nova Scotia	2.729%	07/14/2020	0.1%
General Motors Co.	3.163%	08/07/2020	0.1%
Royal Bank of Canada	2.886%	10/17/2018	0.1%
Tyson Foods, Inc.	2.780%	08/21/2020	0.1%
Danske Bank A/S	2.894%	09/06/2019	0.1%
California Republic Auto Receivables Trust 2015-4	2.580%	06/15/2021	0.1%
Enbridge Energy Partners L.P.	0.000%	10/03/2018	0.1%
Drive Auto Receivables Trust	3.340%	09/15/2022	0.1%
Santander Drive Auto Receivables Trust 2016-3	2.460%	03/15/2022	0.0%
Chesapeake Funding II LLC	1.880%	06/15/2028	0.0%
Oscar US Funding Trust	2.550%	12/15/2021	0.0%
CNH Capital LLC	0.000%	10/17/2018	0.0%
WGL Holdings, Inc.	0.000%	10/23/2018	0.0%
Hyundai Auto Lease Securitization Trust 2016-B	1.520%	10/15/2019	0.0%
General Motors Financial Co., Inc.	0.000%	11/05/2018	0.0%
Constellation Brands, Inc.	0.000%	10/26/2018	0.0%
Barclays Dryrock Issuance Trust 2016-1	1.520%	05/16/2022	0.0%
Chesapeake Funding II LLC	2.120%	11/15/2029	0.0%
Enable Midstream Partners L.P.	0.000%	10/03/2018	0.0%
Suncor Energy, Inc.	0.000%	10/03/2018	0.0%
Navient Student Loan Trust 2018-1	2.406%	03/25/2067	0.0%
World Financial Network Credit Card Master Trust	3.090%	04/17/2023	0.0%
CarMax Auto Owner Trust	1.400%	08/15/2021	0.0%
American Credit Acceptance Receivables Trust 2016-	4.260%	08/12/2022	0.0%
American Express Credit Corp.	2.811%	08/15/2019	0.0%
OneMain Financial Issuance Trust 2016-2	4.100%	03/20/2028	0.0%
Daimler Finance North America LLC	2.591%	11/05/2018	0.0%
Chesapeake Funding II LLC	1.990%	05/15/2029	0.0%
Canadian Imperial Bank of Commerce	2.834%	09/06/2019	0.0%
Ford Credit Auto Owner Trust 2015-REV1	2.120%	07/15/2026	0.0%
Morgan Stanley	3.762%	04/21/2021	0.0%
National Australia Bank Ltd.	2.840%	05/22/2020	0.0%
Flagship Credit Auto Trust 2016-1	3.910%	06/15/2022	0.0%
Citibank, Inc.	2.599%	11/09/2018	0.0%
Enbridge Energy Partners L.P.	0.000%	10/19/2018	0.0%
Glencore Funding LLC	0.000%	11/05/2018	0.0%
Capital Auto Receivables Asset Trust 2017-1	1.760%	06/22/2020	0.0%
CarFinance Capital Auto Trust	3.580%	06/15/2021	0.0%
Exeter Automobile Receivables Trust 2016-3	4.220%	06/15/2022	0.0%
American Credit Acceptance Receivables Trust 2018-	3.550%	04/10/2024	0.0%
CPS Auto Trust	3.430%	07/15/2022	0.0%
Chase Issuance Trust	2.528%	04/15/2021	0.0%
Harris Corp.	2.819%	04/30/2020	0.0%
DLL Securitization Trust 2017-A	1.890%	07/15/2020	0.0%
Holmes Master Issuer plc	2.528%	01/15/2019	0.0%
National Australia Bank Ltd.	2.927%	01/10/2020	0.0%
Westlake Automobile Receivables Trust 2016-2	4.100%	06/15/2021	0.0%
Access Point Funding I 2017-1 LLC	3.060%	04/15/2029	0.0%
Westgate Resorts 2018-1 LLC	3.380%	12/20/2031	0.0%
Sofi Professional Loan Program 2017-C LLC	1.750%	07/25/2040	0.0%
First National Master Note Trust 2017-2	2.598%	10/16/2023	0.0%
Citizens Bank N.A.	2.861%	03/02/2020	0.0%
DLL 2018-1 LLC	2.450%	05/17/2019	0.0%
Wells Fargo Bank, N.A.	2.919%	05/24/2019	0.0%
Daimler Finance North America LLC	2.893%	05/05/2020	0.0%
Bank of Montreal	2.781%	06/15/2020	0.0%
ACC Trust 2018-1	3.700%	12/21/2020	0.0%
Royal Caribbean Cruises Ltd.	0.000%	10/02/2018	0.0%
Flagship Credit Auto Trust 2017-3	1.880%	10/15/2021	0.0%
Nissan Motor Acceptance Corp.	3.331%	03/08/2019	0.0%
General Electric Co.	2.746%	03/28/2020	0.0%
Australia & New Zealand Banking Group Ltd.	2.995%	09/23/2019	0.0%
Santander Drive Auto Receivables Trust 2017-2	2.210%	10/15/2021	0.0%
HSBC USA, Inc.	2.965%	11/13/2019	0.0%
Westpac Banking Corp.	2.963%	01/17/2019	0.0%
Danske Bank A/S	2.831%	03/02/2020	0.0%
Ford Credit Auto Owner Trust/Ford Credit 2014-REV1	2.260%	11/15/2025	0.0%
Royal Caribbean Cruises Ltd.	0.000%	10/05/2018	0.0%
Boston Scientific Corp.	0.000%	10/09/2018	0.0%
Campbell Soup Co.	0.000%	10/25/2018	0.0%
CPS Auto Receivables Trust 2017-D	2.430%	01/18/2022	0.0%
Westlake Automobile Receivables Trust 2018-1	2.920%	05/15/2023	0.0%
Volvo Financial Equipment LLC	1.910%	01/15/2020	0.0%
Barclays Dryrock Issuance Trust	2.458%	05/15/2023	0.0%
Synchrony Credit Card Master Note Trust	2.040%	03/15/2022	0.0%
Nissan Auto Receivables 2017-C Owner Trust	2.120%	04/18/2022	0.0%
Capital Auto Receivables Asset Trust	3.340%	03/22/2021	0.0%
Wells Fargo Bank, N.A.	2.484%	11/28/2018	0.0%
Enbridge Energy Partners L.P.	0.000%	10/10/2018	0.0%
CCG Receivables Trust 2018-1	2.500%	06/16/2025	0.0%
AmeriCredit Automobile Receivables Trust 2016-3	2.240%	04/08/2022	0.0%
Drive Auto Receivables Trust	3.020%	11/15/2021	0.0%
Santander Drive Auto Receivables Trust 2015-4	2.970%	03/15/2021	0.0%
Santander Drive Auto Receivables Trust 2016-2	4.380%	09/15/2023	0.0%
Harley-Davidson Financial Services Inc	2.671%	03/08/2019	0.0%
Chesapeake Funding II LLC	2.608%	05/15/2029	0.0%
Flagship Credit Auto Trust 2017-1	1.930%	12/15/2021	0.0%
Fifth Third Bank, OH	2.927%	09/27/2019	0.0%
GE Dealer Floorplan Master Note Trust	2.815%	01/20/2022	0.0%
SoFi Professional Loan Program 2017-E LLC	1.860%	11/26/2040	0.0%
SoFi Consumer Loan Program 2016-2 LLC	3.090%	10/27/2025	0.0%
NextGear Floorplan Master Owner Trust	2.740%	04/15/2021	0.0%
Drive Auto Receivables Trust	3.380%	11/15/2021	0.0%
Avid Automobile Receivables Trust 2018-1	2.840%	08/15/2023	0.0%
AstraZeneca plc	0.000%	10/17/2018	0.0%
Citizens Bank N.A.	2.881%	05/26/2020	0.0%
JPMorgan Chase Bank NA	2.925%	09/23/2019	0.0%
Caterpillar Financial Services Corp.	2.494%	12/06/2018	0.0%
GreatAmerica Leasing Receivables Funding LLC Serie	2.350%	05/15/2020	0.0%
ING Bank NV	3.027%	10/01/2019	0.0%
Drive Auto Receivables Trust 2017-3	2.800%	07/15/2022	0.0%
Royal Bank of Canada	3.049%	04/15/2019	0.0%
KeyBank NA	2.350%	03/08/2019	0.0%
Conn's Receivables Funding 2017-B LLC	2.730%	07/15/2020	0.0%
Chrysler Capital Auto Receivables Trust 2016-B	1.640%	07/15/2021	0.0%
NextGear Floorplan Master Owner Trust	2.380%	10/15/2020	0.0%
Svenska Handelsbanken AB	2.804%	09/06/2019	0.0%
Flagship Credit Auto Trust 2017-4	2.070%	04/15/2022	0.0%
Americredit Automobile Receivables Trust 2016-4	1.830%	12/08/2021	0.0%
Foursight Capital Automobile Receivables Trust 201	4.120%	09/15/2022	0.0%
ING Bank NV	3.282%	08/17/2020	0.0%
Flagship Credit Auto Trust	2.380%	10/15/2020	0.0%
National Rural Utilities Cooperative Finance Corp.	10.375%	11/01/2018	0.0%
ING Bank NV	2.953%	08/15/2019	0.0%
CPS Auto Receivables Trust 2017-D	1.870%	03/15/2021	0.0%
Capital Auto Receivables Asset Trust	3.140%	02/20/2020	0.0%
Enterprise Fleet Financing LLC	1.970%	01/20/2023	0.0%
CPS Auto Receivables Trust 2018-A	2.770%	04/18/2022	0.0%
Enable Midstream Partners L.P.	0.000%	10/25/2018	0.0%
Flagship Credit Auto Trust 2014-1	3.340%	04/15/2020	0.0%
Chesapeake Funding II LLC	1.910%	08/15/2029	0.0%
Santander Drive Auto Receivables Trust	3.240%	04/15/2021	0.0%
Chrysler Capital Auto Receivables Trust	2.700%	05/15/2020	0.0%
Campbell Soup Co.	0.000%	11/16/2018	0.0%
Royal Bank of Canada	2.701%	03/02/2020	0.0%
Ally Auto Receivables Trust	1.530%	03/16/2020	0.0%
AmeriCredit Automobile Receivables Trust 2016-3	1.460%	05/10/2021	0.0%
World Financial Network Credit Card Master Trust	3.140%	01/17/2023	0.0%
CPS Auto Trust	2.680%	05/17/2021	0.0%
CarMax Auto Owner Trust 2017-3	1.640%	09/15/2020	0.0%
Santander Drive Auto Receivables Trust 2016-3	1.890%	06/15/2021	0.0%
Chesapeake Funding II LLC	3.158%	06/15/2028	0.0%
First Investors Auto Owner Trust 2017-2	1.860%	10/15/2021	0.0%
AmeriCredit Automobile Receivables Trust 2016-3	1.800%	10/08/2021	0.0%
Westlake Automobile Receivables Trust 2016-2	2.830%	05/17/2021	0.0%
Hyundai Floorplan Master Owner Trust Series 2016-1	1.810%	03/15/2021	0.0%
CPS Auto Receivables Trust 2018-B	3.230%	07/15/2022	0.0%
JPMorgan Chase & Co.	3.172%	03/22/2019	0.0%
Enterprise Fleet Financing LLC	2.130%	07/20/2022	0.0%
Atlantic City Electric Co.	7.750%	11/15/2018	0.0%
CPS Auto Receivables Trust 2017-C	2.300%	07/15/2021	0.0%
Morgan Stanley	3.087%	07/23/2019	0.0%
Morgan Stanley	3.209%	01/24/2019	0.0%
Mississippi Power Co.	3.046%	03/27/2020	0.0%
First Investors Auto Owner Trust	2.000%	03/15/2022	0.0%
First Investors Auto Owner Trust	2.280%	09/15/2021	0.0%
Capital Auto Receivables Asset Trust 2016-2	2.110%	03/22/2021	0.0%
Santander Drive Auto Receivables Trust	3.490%	09/15/2021	0.0%
Exeter Automobile Receivables Trust 2017-1	3.950%	12/15/2022	0.0%
Master Credit Card Trust II	2.560%	07/21/2021	0.0%
AmeriCredit Automobile Receivables Trust 2015-2	2.400%	01/08/2021	0.0%
Drive Auto Receivables Trust	2.510%	01/15/2021	0.0%
AmeriCredit Automobile Receivables Trust 2015-3	2.080%	09/08/2020	0.0%
TCF Auto Receivables Owner Trust 2016-PT1	1.930%	06/15/2022	0.0%
CarMax Auto Owner Trust	1.560%	11/16/2020	0.0%
Santander Drive Auto Receivables Trust 2015-5	2.740%	12/15/2021	0.0%
Barclays Dryrock Issuance Trust 2017-1	2.488%	03/15/2023	0.0%
Drive Auto Receivables Trust 2017-1	2.360%	03/15/2021	0.0%
AmeriCredit Automobile Receivables Trust 2017-2	1.650%	09/18/2020	0.0%
Hewlett Packard Enterprise Co.	4.267%	10/05/2018	0.0%
SoFi Professional Loan Program 2017-D LLC	1.720%	09/25/2040	0.0%
Westlake Automobile Receivables Trust 2017-2	1.800%	07/15/2020	0.0%
Flagship Credit Auto Trust 2017-2	1.850%	07/15/2021	0.0%
Flagship Credit Auto Trust	1.980%	10/15/2020	0.0%
Campbell Soup Co.	0.000%	11/06/2018	0.0%
CPS Auto Receivables Trust	3.180%	09/15/2020	0.0%
California Republic Auto Receivables Trust 2016-2	1.830%	12/15/2021	0.0%
Texas-New Mexico Power Co.	9.500%	04/01/2019	0.0%
Ford Motor Credit Co. LLC	3.271%	11/04/2019	0.0%
Commonwealth Bank of Australia	3.401%	03/15/2019	0.0%
American Credit Acceptance Receivables Trust 2015-	4.840%	10/12/2021	0.0%
AmeriCredit Automobile Receivables Trust 2017-3	1.690%	12/18/2020	0.0%
SunTrust Auto Receivables Trust	1.780%	01/15/2021	0.0%
California Republic Auto Receivables Trust	1.820%	09/15/2020	0.0%
CNH Equipment Trust	1.850%	04/15/2021	0.0%
Societe Generale S.A.	3.388%	10/01/2018	0.0%
Drive Auto Receivables Trust 2017-2	2.250%	06/15/2021	0.0%
Ford Credit Floorplan Master Owner Trust A	1.760%	02/15/2021	0.0%
First Investors Auto Owner Trust 2016-2	1.870%	11/15/2021	0.0%
MMAF Equipment Finance LLC	1.980%	06/10/2032	0.0%
Carmax Auto Owner Trust	1.390%	05/17/2021	0.0%
Chrysler Capital Auto Receivables Trust	3.440%	08/16/2021	0.0%
CPS Auto Receivables Trust 2017-C	1.780%	09/15/2020	0.0%
DRB Prime Student Loan Trust	1.750%	05/27/2042	0.0%
CarMax Auto Owner Trust 2017-2	1.630%	06/15/2020	0.0%
Ascentium Equipment Receivables 2016-1 Trust	2.850%	07/10/2020	0.0%
Capital Auto Receivables Asset Trust 2016-2	1.460%	06/22/2020	0.0%
Santander Drive Auto Receivables Trust 2014-5	2.460%	06/15/2020	0.0%
Ally Master Owner Trust	2.558%	02/15/2021	0.0%
California Republic Auto Receivables Trust 2016-2	1.560%	07/15/2020	0.0%
Engs Commercial Finance Trust	2.630%	02/22/2022	0.0%
Mercedes-Benz Master Owner Trust 2016-B	2.858%	05/17/2021	0.0%
Nissan Auto Receivables 2016-B Owner Trust	1.320%	01/15/2021	0.0%
Flagship Credit Auto Trust 2016-4	1.960%	02/16/2021	0.0%
Wheels SPV 2 LLC	1.590%	05/20/2025	0.0%
AmeriCredit Automobile Receivables Trust	2.180%	06/08/2020	0.0%
Kansas Gas & Electric Co.	6.700%	06/15/2019	0.0%
California Republic Auto Receivables Trust	1.750%	01/15/2021	0.0%
Exeter Automobile Receivables Trust 2014-3	5.690%	04/15/2021	0.0%
ERAC USA Finance LLC	2.800%	11/01/2018	0.0%
Westlake Automobile Receivables Trust 2017-1	2.300%	10/17/2022	0.0%
Dell Equipment Finance Trust	2.140%	04/22/2022	0.0%
Chrysler Capital Auto Receivables Trust 2016-A	1.770%	10/15/2020	0.0%
Flagship Credit Auto Trust 2016-1	2.770%	12/15/2020	0.0%
Hewlett-Packard Co.	3.288%	01/14/2019	0.0%
Drive Auto Receivables Trust	2.370%	11/16/2020	0.0%
Ascentium Equipment Receivables 2017-1 Trust	1.870%	07/10/2019	0.0%
American Credit Acceptance Receivables Trust 2017-	1.820%	03/10/2020	0.0%
Diamond Resorts Owner Trust	2.990%	05/22/2028	0.0%
Amgen, Inc.	2.930%	05/22/2019	0.0%
U.S. Bancorp	2.760%	04/25/2019	0.0%
AstraZeneca plc	2.856%	11/16/2018	0.0%
Bank of Montreal	3.005%	07/18/2019	0.0%
Springleaf Funding Trust	3.160%	11/15/2024	0.0%
First Investors Auto Owner Trust 2016-2	1.530%	11/16/2020	0.0%
CarFinance Capital Auto Trust	1.750%	06/15/2021	0.0%
First Investors Auto Owner Trust	2.750%	09/15/2021	0.0%
Toyota Motor Credit Corp.	2.743%	01/17/2019	0.0%
Santander Drive Auto Receivables Trust	2.570%	04/15/2021	0.0%
First Investors Auto Owner Trust 2017-1	1.690%	04/15/2021	0.0%
Dell Equipment Finance Trust	1.860%	06/24/2019	0.0%
OneMain Financial Issuance Trust	2.570%	07/18/2025	0.0%
Westlake Automobile Receivables Trust 2016-3	2.070%	12/15/2021	0.0%

Dividends & Cap Gains

DIVIDEND PAYMENTS

For

YTD Dividends Paidas of 11/19/2018: $0.170
Dividend Frequency: Monthly (Daily Accrual)

Record Date	Ex-Dividend Date	Reinvest & Payable Date	Dividend	Reinvest Price
Daily	Daily	10/31/2018	$0.01929	$10.00
Daily	Daily	09/30/2018	$0.01849	$10.01
Daily	Daily	08/31/2018	$0.01893	$10.01
Daily	Daily	07/31/2018	$0.01876	$10.00
Daily	Daily	06/30/2018	$0.01804	$10.00
Daily	Daily	05/31/2018	$0.01816	$10.00
Daily	Daily	04/30/2018	$0.01674	$10.00
Daily	Daily	03/31/2018	$0.01552	$10.00
Daily	Daily	02/28/2018	$0.01320	$10.00
Daily	Daily	01/31/2018	$0.01316	$10.01

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	11/30/2018
Daily	Daily	12/31/2018

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

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.

Upcoming Capital Gain Distribution

Record Date	Ex-Dividend Date
12/17/2018	12/18/2018

Fees & Expenses

EXPENSE RATIOas of 10/31/2018

Expense ratio details, Click here.

Fund Documents

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	Summary Prospectus Publish Date:11/03/2015
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n/a	Prospectus (XBRL) Publish Date:11/03/2015
	SAI Publish Date:11/03/2015
	Annual Report Publish Date:11/03/2015
	Semi-Annual Report Publish Date:11/03/2015
	Fact Sheet Publish Date:11/03/2015

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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.

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.

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.

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.

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

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

IMPORTANT INFORMATION

There is no up-front commission on purchases of the Lord Abbett Ultra Short Bond Fund, but a contingent deferred sales charge (CDSC) will be charged on shares exchanged from a Lord Abbett–sponsored fund that are subject to a CDSC and that are subsequently redeemed. Lord Abbett Ultra Short Bond Fund has a 12b-1 trail commission of 0.15% that accrues immediately.

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.

Class A Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

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.

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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 11/19/2018

30-Day Standardized Yield 2 as of 10/31/2018

Expense Ratioas of 10/31/2018

Fund Basicsas of 10/31/2018

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

RELATED CONTENT

Credit Quality Distribution as of 10/31/2018 View Portfolio

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Performance

Performance

NAV HISTORICAL PRICES

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

Fund Expense Ratio :

Gross 0.51%

Net 0.40%

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

7 Day Yield ^1,4 as of 11/19/2018

30-Day Standardized Yield ² as of 10/31/2018