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%
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 assets
Name 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%
View More Holdings

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
Full Dividend History