Wilmington Trust Collective Investment Trust - Lord Abbett Short Duration Credit Trust II (GAACOX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.44 |
| YTD Return | 1.28% |
| 1-Year Return | 4.52% |
| 5-Year Return | n/a |
| 52-Week Low | 11.91 |
| 52-Week High | 12.46 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAACOX
CIT Lrd ABB Shrt Duration Third Party Mutual Fund is a mutual fund focused on providing investors with exposure to short-term, investment-grade debt securities. The fund primarily targets high-quality fixed income instruments with short maturities, aiming to offer a balance between income generation and capital preservation. Its portfolio typically consists of municipal bonds, corporate bonds, asset-backed securities, and mortgage-backed securities, all with short durations to help reduce interest rate sensitivity and volatility. Designed for investors seeking stable income and lower risk relative to longer-term bond funds, this mutual fund emphasizes credit quality by favoring investment-grade issuers. The fund benefits from the expertise of its asset manager in active security selection and sector rotation, seeking to optimize returns while managing risk. It plays a key role in the market for those looking to park capital with an emphasis on liquidity and modest yield, often serving as a core holding in diversified fixed income portfolios or as a conservative allocation in broader investment strategies.
Performance
GAACOX had a total return of 4.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.