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Morningstar

Lord Abbett Ultra Short Bond F3 LUBOX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 9.98  /  +0.04 %
  • Total Assets 9.9 Bil
  • Adj. Expense Ratio
    0.230%
  • 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 17, 2024 | 1-Day Return as of May 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis LUBOX

Will LUBOX outperform in 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 LUBOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LUBOX 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 LUBOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Lord Abbett Ultra Short Bond F3's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LUBOX

More LUBOX Holdings
  • 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