About LDCRX
Lord Abbett Short Duration Core Bond Fund Class R3 is an actively managed mutual fund focused on short‑maturity, investment‑grade fixed income. The strategy seeks to provide income and capital preservation by emphasizing bonds with limited interest‑rate sensitivity, primarily within the one‑to‑five‑year segment. According to the adviser’s materials, the portfolio spans U.S. government‑related securities, investment‑grade corporates, and securitized assets such as asset‑backed, mortgage‑backed, commercial mortgage‑backed securities, and collateralized loan obligations, with allocations adjusted based on relative value and risk assessments. The fund’s 30‑day SEC yield and expense details are published regularly, reflecting its cost structure and current income profile. Performance is compared against short‑duration benchmarks like the Bloomberg 1–3 Year U.S. Government/Credit Bond Index and the Lipper Short Investment Grade Debt category, underscoring its role as a core, low‑duration bond holding within diversified fixed income allocations. As a short duration core bond option, it aims to dampen volatility relative to longer‑maturity bond funds while maintaining broad sector exposure across high‑quality credit and securitized markets.
Fund Family Lord Abbett
Category Short-Term Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LDCRX
Share Class Class R3
Index Bloomberg 1-3 Y Government/Credit TR
LDCRX had a total return of 2.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.83%.
