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Lord Abbett Short Duration Income A (LALDX)

3.8300 0.0000 (0.00%)
At close: 8:01 PM EDT

Fund Summary

The fund invests in various types of short duration debt (or fixed income) securities. It invests 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, mortgage-related, and other asset-backed securities; and securities issued or guaranteed by the U.S. government, its agencies and instrumentalities; and inflation-linked investments.

Lord Abbett Short Duration Income A

Jersey City, NJ 7302
90 Hudson Street

Fund Overview

Category Short-Term Bond
Fund Family Lord Abbett
Net Assets 42.86B
YTD Return 0.96%
Yield 4.69%
Morningstar Rating
Inception Date Oct 19, 2004

Fund Operations

Last Dividend 0.05
Last Cap Gain -20.00
Holdings Turnover 54.00%
Average for Category --

Fees & Expenses

Expense LALDX Category Average
Annual Report Expense Ratio (net) 0.38% 0.68%
Prospectus Net Expense Ratio 0.38% --
Prospectus Gross Expense Ratio 0.38% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 2.59%
Max Deferred Sales Load -- 1.12%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Robert A. Lee, Lead Manager since December 31, 1998
Robert A. Lee is a Partner and Chief Investment Officer at the Lord Abbett & Company. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Mr. Lee received a BS from the University of Pennsylvania. He has been in the investment business since 1991.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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