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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Lord Abbett Ultra Short Bond Fund

LUBYX | Fund

$9.79

$14 B

2.17%

$0.21

0.28%

Vitals

YTD Return

-2.0%

1 yr return

-1.0%

3 Yr Avg Return

0.6%

5 Yr Avg Return

1.2%

Net Assets

$14 B

Holdings in Top 10

11.2%

52 WEEK LOW AND HIGH

$9.8
$9.79
$10.02

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 72.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Ultrashort Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Lord Abbett Ultra Short Bond Fund

LUBYX | Fund

$9.79

$14 B

2.17%

$0.21

0.28%

LUBYX - Profile

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett Ultra Short Bond Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Oct 17, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kewjin Yuoh

Fund Description

Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities of various types. It invests only in debt securities rated investment grade at the time of purchase or determined by Lord Abbett to be of comparable quality.

LUBYX - Performance

Return Ranking - Trailing

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -6.4% 0.2% 58.30%
1 Yr -1.0% -5.1% 0.4% 48.93%
3 Yr 0.6%* -1.2% 2.3% 68.18%
5 Yr 1.2%* -1.1% 2.6% 48.28%
10 Yr N/A* -0.7% 2.9% N/A

* Annualized

Return Ranking - Calendar

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.5% -2.1% 48.5% 55.51%
2020 0.1% -50.6% 1.8% 60.37%
2019 0.4% -1.2% 10.6% 59.80%
2018 -0.2% -19.3% 0.4% 23.46%
2017 0.2% -3.2% 100.0% 24.84%

Total Return Ranking - Trailing

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -6.5% 100.7% 55.32%
1 Yr -1.0% -8.9% 0.4% 45.49%
3 Yr 0.6%* -2.9% 2.3% 63.64%
5 Yr 1.2%* -2.3% 2.6% 46.80%
10 Yr N/A* -1.1% 2.9% N/A

* Annualized

Total Return Ranking - Calendar

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.5% -2.1% 48.5% 55.51%
2020 0.1% -50.6% 1.8% 60.37%
2019 0.4% -1.2% 10.6% 60.29%
2018 -0.2% -19.3% 2.0% 29.61%
2017 0.2% -3.2% 100.0% 32.30%

NAV & Total Return History

LUBYX - Holdings

Concentration Analysis

LUBYX Category Low Category High LUBYX % Rank
Net Assets 14 B 24.5 K 19.8 B 5.37%
Number of Holdings 437 1 3396 32.78%
Net Assets in Top 10 1.64 B -200 M 16.1 B 9.96%
Weighting of Top 10 11.16% 2.6% 100.0% 79.31%

Top 10 Holdings

  1. United States Treasury Bills 0% 6.85%
  2. United States Treasury Bills 0% 4.64%
  3. United States Treasury Bills 0% 2.93%
  4. United States Treasury Bills 0% 2.49%
  5. United States Treasury Notes 0.13% 2.47%
  6. United States Treasury Bills 0% 2.33%
  7. Morgan Stanley 0.75% 1.67%
  8. United States Treasury Notes 0.13% 1.30%
  9. Wells Fargo & Company 1.18% 1.24%
  10. Delos Finance Sarl 1.17%

Asset Allocation

Weighting Return Low Return High LUBYX % Rank
Bonds 		80.32% 0.00% 123.41% 54.36%
Cash 		12.62% -24.02% 100.00% 50.62%
Convertible Bonds 		6.90% 0.00% 15.25% 19.92%
Stocks 		0.17% 0.00% 3.35% 2.49%
Preferred Stocks 		0.00% 0.00% 0.00% 9.54%
Other 		0.00% -10.38% 3.22% 17.43%

Stock Sector Breakdown

Weighting Return Low Return High LUBYX % Rank
Utilities 		0.00% 0.00% 0.87% 64.71%
Technology 		0.00% 0.00% 35.07% 58.82%
Real Estate 		0.00% 0.00% 0.00% 64.71%
Industrials 		0.00% 0.00% 2.85% 58.82%
Healthcare 		0.00% 0.00% 4.48% 58.82%
Financial Services 		0.00% 0.00% 99.34% 58.82%
Energy 		0.00% 0.00% 100.00% 17.65%
Communication Services 		0.00% 0.00% 12.36% 58.82%
Consumer Defense 		0.00% 0.00% 4.16% 58.82%
Consumer Cyclical 		0.00% 0.00% 12.34% 64.71%
Basic Materials 		0.00% 0.00% 0.00% 58.82%

Stock Geographic Breakdown

Weighting Return Low Return High LUBYX % Rank
US 		0.17% 0.00% 2.60% 2.49%
Non US 		0.00% 0.00% 0.75% 13.69%

Bond Sector Breakdown

Weighting Return Low Return High LUBYX % Rank
Corporate 		51.23% 0.00% 99.91% 26.97%
Securitized 		35.75% 0.00% 100.00% 28.22%
Cash & Equivalents 		12.64% 0.00% 100.00% 50.62%
Government 		0.38% 0.00% 100.00% 61.83%
Derivative 		0.00% 0.00% 23.15% 25.31%
Municipal 		0.00% 0.00% 70.39% 47.30%

Bond Geographic Breakdown

Weighting Return Low Return High LUBYX % Rank
US 		58.19% 0.00% 100.00% 64.73%
Non US 		22.13% 0.00% 72.88% 17.01%

LUBYX - Expenses

Operational Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.03% 4.12% 66.95%
Management Fee 0.17% 0.00% 1.19% 14.88%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.40% 6.73%

Sales Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% 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.

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 0.00% 369.54% 53.73%

LUBYX - Distributions

Dividend Yield Analysis

LUBYX Category Low Category High LUBYX % Rank
Dividend Yield 2.17% 0.00% 2.87% 33.06%

Dividend Distribution Analysis

LUBYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

LUBYX Category Low Category High LUBYX % Rank
Net Income Ratio 0.49% -1.30% 14.86% 46.98%

Capital Gain Distribution Analysis

LUBYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Annually

Dividend Payout History

View More +

LUBYX - Fund Manager Analysis

Managers

Kewjin Yuoh

Start Date

Tenure

Tenure Rank

Oct 17, 2016

5.62

5.6%

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.

Andrew O'Brien

Start Date

Tenure

Tenure Rank

Oct 17, 2016

5.62

5.6%

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.

Adam Castle

Start Date

Tenure

Tenure Rank

Apr 01, 2018

4.17

4.2%

Mr. Castle joined Lord Abbett in 2015. Mr. Castle was formerly Vice President at Credit Suisse from 2013 to 2015 and Assistant Vice President at AllianceBernstein from 2008 to 2013.

Yoana Koleva

Start Date

Tenure

Tenure Rank

Apr 01, 2018

4.17

4.2%

Ms. Koleva joined Lord Abbett in 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.54 0.13

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