LTRAX: Lord Abbett Total Return Fund - MutualFunds.com

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LTRAX - Snapshot

Vitals

  • YTD Return 4.1%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $4.18 B
  • Holdings in Top 10 28.3%

52 WEEK LOW AND HIGH

$10.88
$9.89
$10.93

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.68%

SALES FEES

  • Front Load 2.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,500
  • IRA N/A

Fund Classification


Compare LTRAX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$88.38

+0.09%

$293.42 B

2.30%

$2.03

5.39%

0.04%

$11.64

+0.17%

$293.42 B

-

$0.02

5.34%

0.15%

$11.56

+0.17%

$204.55 B

2.26%

$0.26

5.00%

0.09%

$11.69

+0.17%

$89.02 B

1.67%

$0.19

6.86%

0.67%

$118.29

+0.10%

$81.57 B

2.23%

$2.64

5.27%

0.05%

LTRAX - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    Robert Lee

Fund Description

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 instrumentalities; Corporate debt securities; Mortgage-backed, mortgage-related, and other asset-backed securities; Inflation-linked investments; and loans. It may invest up to 20% of its net assets in high-yield debt securities. The fund may invest up to 20% of its net assets in debt securities of non-U.S. issuers that are denominated in non-U.S. currencies.


LTRAX - Performance

Return Ranking - Trailing

Period LTRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -9.1% 954.0% 78.03%
1 Yr 4.9% -4.8% 16.6% 77.53%
3 Yr 4.1%* 0.9% 8.1% 78.50%
5 Yr 3.8%* 1.0% 7.9% 69.34%
10 Yr 3.7%* 1.3% 7.5% 49.46%

* Annualized

Return Ranking - Calendar

Period LTRAX Return Category Return Low Category Return High Rank in Category (%)
2019 5.2% -1.7% 13.9% 61.75%
2018 -4.1% -10.3% 2.7% 78.11%
2017 1.2% -49.5% 8.1% 56.10%
2016 0.9% -49.3% 192.8% 34.06%
2015 -3.6% -12.2% 0.2% 71.05%

Total Return Ranking - Trailing

Period LTRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -9.1% 954.0% 78.03%
1 Yr 2.6% -7.9% 16.6% 85.48%
3 Yr 3.4%* 0.4% 8.1% 86.85%
5 Yr 3.3%* 0.7% 7.9% 80.02%
10 Yr 3.5%* 1.3% 7.5% 61.80%

* Annualized

Total Return Ranking - Calendar

Period LTRAX Return Category Return Low Category Return High Rank in Category (%)
2019 5.2% -1.7% 13.9% 63.25%
2018 -4.1% -10.3% 3.9% 80.72%
2017 1.2% -6.0% 8.4% 66.78%
2016 1.2% -5.7% 204.3% 44.99%
2015 -3.4% -12.2% 3.7% 79.16%

NAV & Total Return History


LTRAX - Holdings

Concentration Analysis

LTRAX Category Low Category High LTRAX % Rank
Net Assets 4.18 B 3.15 M 293 B 26.16%
Number of Holdings 585 1 18468 55.26%
Net Assets in Top 10 1.17 B -1.17 B 39.4 B 21.86%
Weighting of Top 10 28.25% 3.1% 100.0% 46.23%

Top 10 Holdings

  1. United States Treasury Bills 0% 9.48%
  2. United States Treasury Notes 2.5% 4.19%
  3. United States Treasury Notes 0.13% 4.16%
  4. United States Treasury Bonds 1.25% 2.24%
  5. United States Treasury Bonds 1.38% 2.08%
  6. United States Treasury Bonds 3.63% 1.90%
  7. United States Treasury Notes 0.25% 1.44%
  8. United States Treasury Notes 0.13% 1.37%
  9. United States Treasury Notes 0.13% 1.34%
  10. Wells Fargo & Company 2.39% 1.30%

Asset Allocation

Weighting Return Low Return High LTRAX % Rank
Bonds
88.60% -56.20% 351.52% 83.55%
Cash
10.93% -238.91% 164.87% 14.14%
Convertible Bonds
0.47% 0.00% 11.80% 73.30%
Stocks
0.00% -0.16% 10.12% 50.28%
Preferred Stocks
0.00% 0.00% 80.56% 61.21%
Other
0.00% -14.22% 7.23% 42.14%

Bond Sector Breakdown

Weighting Return Low Return High LTRAX % Rank
Corporate
43.70% 0.00% 100.00% 24.84%
Securitized
23.36% 0.00% 98.42% 74.33%
Government
21.16% 0.00% 89.39% 46.98%
Cash & Equivalents
10.92% 0.00% 91.85% 23.26%
Municipal
0.85% 0.00% 84.84% 33.49%
Derivative
0.00% 0.00% 23.62% 60.00%

Bond Geographic Breakdown

Weighting Return Low Return High LTRAX % Rank
US
69.61% -56.44% 336.16% 92.19%
Non US
18.99% -144.79% 79.88% 9.95%

LTRAX - Expenses

Operational Fees

LTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.01% 21.33% 56.66%
Management Fee 0.28% 0.00% 0.85% 20.02%
12b-1 Fee 0.20% 0.00% 1.00% 19.52%
Administrative Fee 0.04% 0.01% 0.50% 5.91%

Sales Fees

LTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 1.50% 5.75% 90.28%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 489.00% 90.48%

LTRAX - Distributions

Dividend Yield Analysis

LTRAX Category Low Category High LTRAX % Rank
Dividend Yield 0.00% 0.00% 3.91% 43.25%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LTRAX Category Low Category High LTRAX % Rank
Net Income Ratio 2.68% -0.35% 11.28% 46.07%

Capital Gain Distribution Analysis

LTRAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

LTRAX - Fund Manager Analysis

Managers

Robert Lee


Start Date

Tenure

Tenure Rank

Aug 31, 2000

20.18

20.2%

Robert A. Lee is a Partner and Chief Investment Officer at the Lord Abbett & Company. 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.

Andrew O'Brien


Start Date

Tenure

Tenure Rank

Oct 01, 2007

13.09

13.1%

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.

Kewjin Yuoh


Start Date

Tenure

Tenure Rank

Apr 01, 2012

8.59

8.6%

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.

Steven Rocco


Start Date

Tenure

Tenure Rank

Apr 01, 2016

4.59

4.6%

Mr. Rocco is Partner and Director of Taxable Fixed Income of Lord Abbett. 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.85 6.97 1.34