Lord Abbett Short Duration Income A 90 Hudson Street Jersey City NJ 07302 Map
Phone: 888-522-2388
| Category: | Short-Term Bond | | Fund Family: | Lord Abbett | | Net Assets: | 1.79B | | Year-to-Date Return: | 16.20% | | Yield: | 4.77% | | Morningstar Rating: |  | | Fund Inception Date: | 04-Nov-93 |
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Robert A. Lee
Lead Manager since
02-Sep-97 | | | Lee,Partner and Director of Taxable Fixed Income, is a portfolio manager with Lord Abbett & Company, his employer since 1997. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of income consistent with preservation of capital. The fund normally invests at least 65% of net assets in investment grade debt securities of various types. Such securities may include short duration investment grade corporate debt securities (including those issued by non-U.S. entities but denominated in U.S. dollars), U.S. Government securities and mortgage- and other asset-backed securities. The fund may invest up to 35% of net assets in lower-rated debt securities, non-U.S. debt securities denominated in foreign currencies and floating or adjustable rate senior loans. |
| Last Dividend
(30-Oct-09):
| 0.02 | | Last Cap Gain
(19-Dec-03):
| 0.05 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 106.40% |
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| Expense | LALDX | Category Avg | | Total Expense Ratio: | 0.80%
| 0.91% | | Max 12b1 Fee: | 0.20%
| N/A | | Max Front End Sales Load: | 2.25%
| 2.64% | | Max Deferred Sales Load: | %
| 2.11% | | 3 Yr Expense Projection*: |
$ 475 | $404 | | 5 Yr Expense Projection*: |
$ 659 | $645 | | 10 Yr Expense Projection*: |
$ 1,193 | $1,329 |
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