Morningstar

Lord Abbett Ultra Short Bond Fund Class A LUBAX

Morningstar Medalist Rating
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Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $9.99  /  0.00
  • Fund Size $16.8B
  • Adjusted Expense Ratio 0.440%
  • Net Expense Ratio 0.440%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,500
  • Investment Status Open
  • TTM Yield 4.08%
  • Average Effective Duration 0.62 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LUBAX

Will LUBAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LUBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LUBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LUBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lord Abbett Ultra Short Bond A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings LUBAX

More LUBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.38%

2.11 351M
Government

Vistra Operations Co LLC 5%

1.05 176M
Corporate

Goldman Sachs Group, Inc. 1.95%

0.98 163M
Corporate

The Toronto-Dominion Bank 3.63%

0.86 143M
Corporate

Antero Resources Corp

0.85 141M
Cash and Equivalents

Lowes Cos Inc

0.74 123M
Corporate

Citigroup Inc. 3.89%

0.72 121M
Corporate

RWE AG 0%

0.72 120M
Cash and Equivalents

Wells Fargo & Co. 5.71%

0.71 119M
Corporate

Citigroup Inc. 3.07%

0.67 111M
Corporate

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