• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down0.26% Nasdaq Down0.34%

    Lord Abbett Short Duration Income A (LALDX)

    4.44 0.00(0.00%) Jul 6

    Profile as of May 30, 2015Get Profile for:
    Lord Abbett Short Duration Income A
    Lord Abbett Investment Trust90 Hudson StreetJersey City, NJ 7302
    Phone: 888-522-2388
    Fund Overview 
    Category:Short-Term Bond
    Fund Family:Lord Abbett
    Net Assets:35.82B
    Year-to-Date Return:1.62%
    Morningstar Rating:4 stars
    Fund Inception Date:Nov 4, 1993
    Morningstar Style Box 
    Short-Term Bond
    [View Category Definition]
    View Top Short-Term Bond Funds
    About the Morningstar Style Box
    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 126 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 (Jun 29, 2015) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 1, 2015) : 59.63%
    Average for Category:68.86%
    Fees & Expenses 
    ExpenseLALDXCategory Avg
    Annual Report Expense Ratio (net):0.59%0.82%
    Prospectus Net Expense Ratio:0.59%N/A
    Prospectus Gross Expense Ratio:0.59%N/A
    Max 12b1 Fee:0.20%N/A
    Max Front End Sales Load:2.25%2.54%
    Max Deferred Sales Load: N/A1.91%
    3 Yr Expense Projection*:410357
    5 Yr Expense Projection*:547576
    10 Yr Expense Projection*:9461,198
    * Per $10,000 invested