Lord Abbett Ultra Short Bond Fund Class A (LUBAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.02
0.00 (0.00%)
Oct 31, 2024, 6:25 PM EDT
1.31% (1Y)
Fund Assets | 10.88B |
Expense Ratio | 0.43% |
Min. Investment | $1,500 |
Turnover | 66.00% |
Dividend (ttm) | 0.50 |
Dividend Yield | 4.99% |
Dividend Growth | 30.83% |
Payout Frequency | Monthly |
Ex-Dividend Date | Sep 30, 2024 |
Previous Close | 10.02 |
YTD Return | 3.73% |
1-Year Return | 5.59% |
5-Year Return | 11.33% |
52-Week Low | 9.90 |
52-Week High | 10.04 |
Beta (5Y) | 0.07 |
Holdings | 402 |
Inception Date | Oct 27, 2016 |
About LUBAX
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.
Fund Family Lord Abbett
Category Ultrashort Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LUBAX
Index ICE BofA U.S.Treasury Bill TR
Performance
LUBAX had a total return of 5.59% in the past year. Since the fund's inception, the average annual return has been 1.96%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Symbol | Share Class | Expense Ratio |
---|---|---|
LUBWX | Class R6 | 0.23% |
LUBOX | Class F3 | 0.23% |
LUBYX | Class I | 0.28% |
LUBVX | Class R5 | 0.28% |
Top 10 Holdings
10.44% of assetsName | Symbol | Weight |
---|---|---|
HSBC Holdings PLC 3% | HSBC V2.999 03.10.26 | 1.42% |
APA CORPORATION 0% | n/a | 1.33% |
Wells Fargo & Co. 2.41% | WFC V2.406 10.30.25 MTN | 1.20% |
FMC Corp. 0% | n/a | 1.12% |
BNP Paribas SA 2.82% | BNP V2.819 11.19.25 144A | 1.01% |
United States Treasury Notes 0.38% | TII 0.375 07.15.25 | 0.99% |
JPMorgan Chase & Co. 2.3% | JPM V2.301 10.15.25 | 0.94% |
Citigroup Inc. 2.01% | C V2.014 01.25.26 | 0.85% |
Macquarie Group Ltd. 6.21% | MQGAU 6.207 11.22.24 144A | 0.82% |
Occidental Petroleum Corp | n/a | 0.76% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Sep 30, 2024 | $0.04188 | Sep 30, 2024 |
Aug 30, 2024 | $0.04352 | Aug 30, 2024 |
Jul 31, 2024 | $0.04321 | Jul 31, 2024 |
Jun 28, 2024 | $0.04262 | Jun 28, 2024 |
May 31, 2024 | $0.04337 | May 31, 2024 |
Apr 30, 2024 | $0.04208 | Apr 30, 2024 |