The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Lord Abbett Ultra Short Bond F3 LUBOX
- NAV / 1-Day Return 9.98 / +0.01 %
- Total Assets 9.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.230%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 4.93%
- Effective Duration 0.52 years
USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 12:12 AM GMT+0
Morningstar’s Analysis LUBOX
Will LUBOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
HSBC Holdings PLC 3% | 1.52 | 147.6 Mil | Corporate |
Wells Fargo & Co. 2.41% | 1.28 | 124.5 Mil | Corporate |
Rogers Communications Inc. 0% | 1.10 | 106.6 Mil | Cash and Equivalents |
BNP Paribas SA 2.82% | 1.08 | 105.2 Mil | Corporate |
Bayer Corporation 0% | 1.04 | 100.9 Mil | Cash and Equivalents |
JPMorgan Chase & Co. 2.3% | 1.00 | 97.6 Mil | Corporate |
United States Treasury Notes 4.25% | 0.91 | 88.4 Mil | Government |
Macquarie Group Ltd. 6.21% | 0.89 | 86.5 Mil | Corporate |
Citigroup Inc. 3.35% | 0.84 | 82.1 Mil | Corporate |
Citigroup Inc. 2.01% | 0.83 | 80.6 Mil | Corporate |