4.55 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 4.55
Category Short-Term Bond
Net Assets 3.49 Bil
Yield 3.86%
Morningstar Risk Above Average
Morningstar Return High
  • Last NAV update 4/16/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks a high level of income consistent with preservation of capital. The fund invests primarily in various types of short duration debt (or fixed income) securities. It pursues its investment objective by investing at least 65% of its net assets in investment grade debt securities including corporate debt securities of U.S. issuers; corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; mortgage-backed and other asset-backed securities; and securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises; and inflation-linked investments.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 6.58% 3.35% 6.84% 1.82% 1.13%
Value ($) 10,658.21 11,015.11 11,768.23 11,981.95 12,117.84
  • Year to date performance as of 4/16/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Lord Abbett
Fund Manager Andrew O'Brien
Tenure (Years) 16
Fund Status Open
Minimum Initial Purchase 1.00 Mil
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 0.39%
PERFORMANCE
Symbol Value ($)
1 Month 0.35%
3 Months 0.98%
1 Year 2.04%
3 Years* 3.84%
5 Years* 6.15%
  • * Annualized returns
  • Performance as of 4/16/2014 12:00 AM ET
PEER COMPARISON
  LLDYX Short-Term Bond
5-Yr Return 6.15% 3.69%
Sharpe Ratio 2.17 0.46
Net Assets 3.49 Bil 640.53 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover 71 140
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 4.59%
Fixed Income 94.13%
Other 1.28%
TOP 10 HOLDINGS
NAME % NET ASSETS
US Treasury Note 0.375% 3.26%
Qvc 144A 7.5% 0.63%
Fidelity Natl Info Svcs 7.875% 0.55%
Ml-Cfc Coml Mtg Tr 2007-5 CMO 5.419% 0.53%
Wachovia Cmbs 2007-C31 CMO 0.53%
Host Hotels & Resorts 6% 0.52%
Mylan 144A 6% 0.51%
Cricket Comms 7.75% 0.51%
Citigroup 5% 0.50%
Citigroup Coml Mtg 2007-C6 CMO 0.50%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 12:05 AM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The stock market finished the Wednesday session on an upbeat note with the Nasdaq (+1.3%) ending in the lead. The S&P 500 settled higher by 1.1% with all ten sectors posting gains. The benchmark index spent the entire trading day in th ... More
Sponsored by: