LUBYX: Lord Abbett Ultra Short Bond Fund - MutualFunds.com
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LUBYX - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $18.6 B
  • Holdings in Top 10 11.6%

52 WEEK LOW AND HIGH

$10.03
$10.02
$10.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.30%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 93.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare LUBYX to Popular U.S. Ultrashort Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.07

0.00%

$19.20 B

0.91%

$0.09

0.00%

0.20%

$10.03

0.00%

$18.64 B

0.61%

$0.06

-0.10%

0.30%

$50.73

0.00%

$16.93 B

-

-

-0.12%

0.17%

$9.82

-0.10%

$16.29 B

0.83%

$0.08

-0.10%

0.47%

$10.09

-0.10%

$16.19 B

0.54%

$0.05

-0.10%

0.30%

LUBYX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 -0.1% -0.9% 18.9% 58.47%
1 Yr 1.0% -0.9% 16.9% 60.85%
3 Yr 1.9%* -0.3% 3.3% 46.58%
5 Yr N/A* 0.5% 4.4% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
2020 0.1% -3.1% 1.8% 56.58%
2019 0.4% -1.2% 2.5% 55.19%
2018 -0.2% -2.5% 0.4% 24.19%
2017 0.2% -2.0% 100.0% 23.81%
2016 N/A -1.4% 900.0% N/A

Total Return Ranking - Trailing

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -0.9% 18.9% 58.90%
1 Yr 1.0% -5.2% 16.9% 56.17%
3 Yr 1.9%* -0.5% 3.3% 45.21%
5 Yr N/A* 0.1% 4.4% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period LUBYX Return Category Return Low Category Return High Rank in Category (%)
2020 0.1% -3.1% 1.8% 56.58%
2019 0.4% -1.2% 2.5% 55.66%
2018 -0.2% -51.1% 2.0% 31.72%
2017 0.2% -2.0% 2.7% 30.95%
2016 N/A -1.4% 900.0% N/A

NAV & Total Return History


LUBYX - Holdings

Concentration Analysis

LUBYX Category Low Category High LUBYX % Rank
Net Assets 18.6 B 24.7 K 19.2 B 1.25%
Number of Holdings 501 1 1403 25.52%
Net Assets in Top 10 2.25 B -557 M 12.5 B 4.18%
Weighting of Top 10 11.62% 0.0% 100.0% 76.37%

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% 3.21%
  4. United States Treasury Notes 0.13% 2.47%
  5. Morgan Stanley 0.71% 1.50%
  6. United States Treasury Notes 0.13% 1.30%
  7. Wells Fargo & Company 1.18% 1.24%
  8. Morgan Stanley 1.45% 1.15%
  9. Goldman Sachs Group, Inc. 1.33% 1.08%
  10. Goldman Sachs Group, Inc. 0.99% 1.06%

Asset Allocation

Weighting Return Low Return High LUBYX % Rank
Bonds
80.27% 0.00% 100.00% 48.54%
Cash
14.44% 0.00% 100.00% 54.39%
Convertible Bonds
5.30% 0.00% 15.77% 15.90%
Stocks
0.00% 0.00% 10.15% 37.66%
Preferred Stocks
0.00% 0.00% 0.00% 33.47%
Other
0.00% -11.64% 13.99% 43.93%

Bond Sector Breakdown

Weighting Return Low Return High LUBYX % Rank
Corporate
55.32% 0.00% 99.79% 17.99%
Securitized
29.07% 0.00% 98.20% 40.59%
Cash & Equivalents
14.44% 0.00% 100.00% 55.65%
Government
1.17% 0.00% 100.00% 48.95%
Derivative
0.00% 0.00% 21.68% 38.49%
Municipal
0.00% 0.00% 71.78% 63.18%

Bond Geographic Breakdown

Weighting Return Low Return High LUBYX % Rank
US
57.45% 0.00% 100.00% 56.49%
Non US
22.82% 0.00% 55.40% 16.32%

LUBYX - Expenses

Operational Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.08% 14.74% 80.43%
Management Fee 0.17% 0.00% 1.19% 14.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.40% 4.21%

Sales Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.50% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

LUBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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 93.00% 0.00% 326.00% 76.00%

LUBYX - Distributions

Dividend Yield Analysis

LUBYX Category Low Category High LUBYX % Rank
Dividend Yield 0.00% 0.00% 0.59% 43.75%

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 1.35% -0.20% 3.05% 53.42%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

LUBYX - Fund Manager Analysis

Managers

Kewjin Yuoh


Start Date

Tenure

Tenure Rank

Oct 17, 2016

4.62

4.6%

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

4.62

4.6%

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

3.17

3.2%

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

3.17

3.2%

Ms. Koleva joined Lord Abbett in 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 31.44 5.91 5.3