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STRUGGLING WITH BONDS?

We've Got the Bond Market Covered.
With a One-Two Punch. 

 

Short Duration Income and Bond Debenture deliver a combination of two 2014 Lipper Award Winners. Together, these funds provide exposure to a variety of attractive sectors offering a strong yield and low duration.

Among 64 fund families. Based on net total return for the one-year period ending 12/31/2013.

 

Attractive Characteristics

 

  Short Duration Income Fund
Go To Fund
Bond Debenture Fund
Go To Fund
Equal Blend*
A Share Ticker

LALDX

LBNDX

Dividend Yield (%)1

3.77

4.77

4.27

30-Day Standardized Yield (%)

2.55

4.03

3.29

Duration (Years)

2.12,3

4.42,4

3.3

Investment Grade (%)

75.5

20.1

47.8

Non-Investment Grade (%)

24.5

79.9

52.2


Class A share data as of 07/31/2014.

*Equal Blend: If it is a combination of two funds, it is a 50/50 split. An average of the Short Duration Income Fund's effective duration and the Bond Debenture Fund's modified duration is used in the calculation of equal blend.

Performance numbers with sales charge (at MOP) as of 07/31/2014
 

  1-Year (%) 3-Year (%) 5-Year (%) 10-Year (%)
Short Duration Income Fund
Go To Fund

0.53

2.61

4.17

4.35

Bond Debenture Fund
Go To Fund

5.43

6.82

10.04

7.05

 

Performance data quoted reflect past performance and are no guarantee 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. You can obtain performance data current to the most recent month-end by calling Lord Abbett at 888-522-2388 or referring to lordabbett.com.

This material must be accompanied or preceded by the Fund's prospectus or summary prospectus. The prospectus contains important information about the Fund, including its investment objectives, risks, charges, and ongoing expenses. Read the prospectus carefully before investing.

Highlights

  • Provides attractive yield and a relatively low duration
  • Has a balance between investment grade and non-investment grade
  • Creates a diversified portfolio of investment grade corporates, high yield corporates, CMBS, ABS, convertibles, and other securities
  • From the #3 ranked manager for Taxable Bonds in Barron's/Lipper 2013 Best Mutual Fund Families
  • Includes the 2014 Lipper Award Winners for the Short Term Bond & Multi-Sector Categories

Competitive Lipper Rankings

 

  1-Year 3-Year 5-Year 10-Year
Short Duration Income Fund
Go To Fund

5

2

5

1

Bond Debenture Fund
Go To Fund

23

9

10

10

Short Duration Income Fund A share rankings within the Lipper Short Investment Grade Debt Funds Category for the one-year period was 5% (12/297), three-year period was 2% (5/253), five-year period was 5% (10/213), and 10-year period was 1% 1/138) as of 07/31/2014.

Bond Debenture Fund A share rankings within the Multi-sector Income Funds Category for the one-year period was 23% (53/236), three-year period was 9% (14/169), five-year period was 10% (13/134), and 10-year period was 10% (9/90) as of 07/31/2014.

Lipper rankings are based on total return and do not reflect the effect of sales charges. Each fund is ranked within a universe of funds similar in investing objective. Past performance is no guarantee of future results.

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