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Lord Abbett Short Duration Income A (LALDX)

4.54 Up 0.01(0.22%) Aug 21

Profile as of Jul 30, 2014Get Profile for:
Lord Abbett Short Duration Income A
90 Hudson StreetJersey City NJ 07302
Map
Phone: 888-522-2388
Fund Overview 
Category:Short-Term Bond
Fund Family:Lord Abbett
Net Assets:36.35B
Year-to-Date Return:1.71%
Yield:3.67%
Morningstar Rating:4 stars
Fund Inception Date:Nov 4, 1993
Morningstar Style Box 
Short-Term Bond
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Management Information 
Andrew A. O'Brien
Lead Manager since Jan 8, 1998
Mr. O’Brien is a lead portfolio manager for the taxable fixed income strategies. Mr. O’Brien joined Lord Abbett in 1998 and was named Partner in 2008. Mr. O’Brien received a BA from Princeton University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1998.
Investment Information 
Min Initial Investment:1,500
Min Initial Investment, IRA:1,500
Min Initial Investment, AIP:250
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
LALDX can be purchased from 118 brokerages.

Fund Summary 
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.

Fund Operations 
Last Dividend (Jul 30, 2014) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 20, 2014) : 71.14%
Average for Category:85.56%
Fees & Expenses 
ExpenseLALDXCategory Avg
Annual Report Expense Ratio (net):0.58%0.83%
Prospectus Net Expense Ratio:0.58%N/A
Prospectus Gross Expense Ratio:0.58%N/A
Max 12b1 Fee:0.20%N/A
Max Front End Sales Load:2.25%2.69%
Max Deferred Sales Load: N/A1.90%
3 Yr Expense Projection*:407382
5 Yr Expense Projection*:542609
10 Yr Expense Projection*:9341,261
* Per $10,000 invested