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LTRAX Lord Abbett Total Return A

  • Fund
  • LTRAX
  • Price as of: Dec 01, 2016
  • $10.26
  • - $0.03
  • - 0.29%
  • Category
  • Total Bond Market

LTRAX - Profile

Vitals

  • YTD Return 0.9%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $2.99 B
  • Holdings in Top 10 33.0%

52 WEEK LOW AND HIGH

$10.26
$10.15
$10.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.83%

SALES FEES

  • Front Load 2.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 433.71%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,500

IRA

$1,500

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.11%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Lord Abbett Total Return Fund
  • Fund Family Name Lord Abbett
  • Inception Date Aug 31, 2000
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Kewjin Yuoh

Fund Description

Under normal conditions, the fund pursues its investment objective by investing primarily in investment grade debt (or fixed income) securities including Securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises; Corporate debt securities; Mortgage-backed and other asset-backed securities; Inflation-linked investments; and Senior loans. The fund may invest up to 20% of its net assets in high-yield debt securities. It may invest up to 20% of its net assets in debt securities that are denominated in foreign currencies.

LTRAX - Performance

Return Ranking - Trailing

Period LTRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -8.1% 202.4% 31.00% 3
1 Yr 5.1% -12.6% 13.2% 11.83% 1
3 Yr 3.6% * -5.8% 8.5% 9.36% 1
5 Yr 3.7% * -2.8% 9.4% 14.17% 1
10 Yr 5.2% * -1.7% 9.8% 10.89% 1

* Annualized


Return Ranking - Calendar

Period LTRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.6% -33.0% 3.0% 44.00% 4
2014 2.4% -9.3% 14.9% 17.58% 2
2013 -4.4% -24.1% 40.4% 45.30% 4
2012 1.9% -100.0% 18.7% 42.30% 3
2011 -1.1% -20.6% 15.5% 49.28% 4

Total Return Ranking - Trailing

Period LTRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.9% -7.3% 205.2% 42.33% 3
1 Yr 2.8% -12.6% 16.3% 31.64% 2
3 Yr 2.9% * -7.2% 8.5% 22.18% 2
5 Yr 3.2% * -3.7% 9.4% 24.63% 2
10 Yr 5.0% * -1.7% 9.8% 18.05% 1

* Annualized


Total Return Ranking - Calendar

Period LTRAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.4% -32.5% 4.5% 59.73% 5
2014 3.0% -8.3% 16.8% 30.52% 2
2013 -4.4% -12.9% 58.5% 63.08% 5
2012 4.2% -100.0% 35.2% 41.02% 3
2011 3.5% -20.7% 18.1% 31.08% 2

NAV & Total Return History

LTRAX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

LTRAX Category Low Category High LTRAX % Rank Quintile
Net Assets 2.99 B 319 K 176 B 6.56% 2
Number of Holdings 569 1 17569 9.66% 2
Net Assets in Top 10 1.04 B -36 B 21.3 B 3.81% 1
Weighting of Top 10 33.0% 0.0% 1093.9% 12.51% 2

Top 10 Holdings

  1. US Treasury Note 1.125% 8.05%
  2. Fed Natl Mort Assc 3% 4.89%
  3. US Treasury Note 1.375% 3.99%
  4. US Treasury Bond 2.5% 3.14%
  5. US Treasury Note 1.25% 2.71%
  6. FHLMC 0.75% 2.49%
  7. US Treasury Note 1.5% 2.11%
  8. US Treasury Note 1.375% 1.90%
  9. FNMA 3.5% 1.86%
  10. Fed Natl Mort Assc 3% 1.86%

Asset Allocation

Weighting Category Low Category High LTRAX % Rank Quintile
Bonds
99.61% -175.98% 192.68% 2.85% 1
Other
0.33% -30.71% 98.36% 11.80% 3
Convertible Bonds
0.06% 0.00% 12.73% 5.34% 2
Preferred Stocks
0.00% -0.45% 17.13% 7.27% 4
Cash
0.00% -96.63% 275.92% 24.77% 5
Stocks
0.00% -3.27% 98.09% 5.75% 4

Bond Sector Breakdown

Weighting Category Low Category High LTRAX % Rank Quintile
Securitized
44.53% 0.00% 105.84% 5.70% 1
Government
31.01% -389.49% 128.09% 7.73% 2
Corporate
23.82% 0.00% 221.70% 24.06% 4
Municipal
0.30% 0.00% 105.76% 11.55% 3
Cash & Equivalents
0.00% -63.55% 416.01% 24.77% 5
Derivative
0.00% -513.07% 38.63% 2.34% 3

Bond Geographic Breakdown

Weighting Category Low Category High LTRAX % Rank Quintile
US
85.48% -370.09% 180.29% 10.68% 2
Non US
14.13% -45.82% 351.70% 12.67% 3

LTRAX - Expenses

Operational Fees

LTRAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.83% 0.00% 42.51% 10.48% 3
Management Fee 0.41% 0.00% 2.15% 2.90% 3
12b-1 Fee 0.20% 0.00% 1.00% 2.22% 2
Administrative Fee 0.04% 0.00% 0.63% 3.66% 1

Sales Fees

LTRAX Fees (% of AUM) Category Low Category High LTRAX Rank Quintile
Front Load 2.25% 0.00% 5.75% 4.17% 1
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

LTRAX Fees (% of AUM) Category Low Category High LTRAX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LTRAX Fees (% of AUM) Category Low Category High LTRAX Rank Quintile
Turnover 433.71% 0.00% 1856.00% 2.29% 5

LTRAX - Distributions

Dividend Yield Analysis

LTRAX Category Low Category High LTRAX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.30% 12.93% 2

Dividend Distribution Analysis

LTRAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

LTRAX Category Low Category High LTRAX % Rank Quintile
Net Income Ratio 2.11% -1.76% 17.13% 13.28% 3

Capital Gain Distribution Analysis

LTRAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

LTRAX - Managers

Kewjin Yuoh

Manager

Start Date

Apr 01, 2012

Tenure

4.59

Tenure Rank

5.5%

Mr. Yuoh is a portfolio manager for the taxable fixed income strategies. Mr. Yuoh joined Lord Abbett in 2010, and was named Partner in 2012. His prior experience includes: Senior Vice President – Director of Fundamental Research and Senior Portfolio Manager at Alliance Bernstein, LLP; Vice President – Senior Portfolio Manager at Credit Suisse Asset Management; and Mortgage-Backed Securities Portfolio Manager at Sanford C. Bernstein & Co., Inc. Mr. Yuoh received a BS from Cornell University and has been in the investment business since 1994.


Andrew H. O'Brien

Manager

Start Date

Oct 01, 2007

Tenure

9.09

Tenure Rank

3.2%

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.


Robert A. Lee

Manager

Start Date

Aug 31, 2000

Tenure

16.18

Tenure Rank

1.2%

Mr. Lee is the lead portfolio manager for the taxable fixed income strategies. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Mr. Lee received a BS from the University of Pennsylvania. He has been in the investment business since 1991.


Steven F. Rocco

Manager

Start Date

Apr 01, 2016

Tenure

0.58

Tenure Rank

8.7%

Mr. Rocco is a lead portfolio manager for the high yield fixed income strategy and also contributes as portfolio manager to the multi-sector fixed-income strategy. Mr. Rocco joined Lord Abbett in 2004 and was named Partner in 2011. Mr. Rocco joined Lord Abbett as an associate portfolio manager and then transitioned to lead portfolio manager for our short duration and corporate bond strategies. He was previously a Consultant at FactSet. Mr. Rocco received a BA from Cornell University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 2001.


Leah G. Traub

Manager

Start Date

Apr 01, 2016

Tenure

0.58

Tenure Rank

8.7%

Ms. Traub is a portfolio manager on the taxable fixed income team. She is the Director of Currency Management and a lead portfolio manager on the emerging markets currency and emerging markets local bond strategies. Ms. Traub joined Lord Abbett in 2007, and was named Partner in 2012. Her prior experience includes: Research Economist at Princeton Economics Group; Research at the National Bureau of Economic Research; Research Assistant at Rutgers University; and Capital Markets Assistant at The Federal Reserve Bank of New York. Ms. Traub received a BA from the University of Chicago, an MA and a Ph.D. from Rutgers University, and has been in the investment business since 2001.


Tenure Analysis

Category Low

0.0

Category High

27.9

Category Average

6.07

Category Mode

4.8