Lord Abbett Short Duration Core Bond R6 (LDCVX)
| Fund Assets | 651.23M |
| Expense Ratio | 0.31% |
| Min. Investment | $0.00 |
| Turnover | 134.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.73% |
| Dividend Growth | -5.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.12 |
| YTD Return | 0.47% |
| 1-Year Return | 3.75% |
| 5-Year Return | 12.03% |
| 52-Week Low | 9.12 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 464 |
| Inception Date | Apr 19, 2017 |
About LDCVX
Lord Abbett Short Duration Core Bond Fund Class R6 is an open-end mutual fund focused on generating current income while emphasizing preservation of capital. According to the adviser, it primarily invests in a diversified mix of short-duration, investment‑grade fixed income securities, with flexibility to use derivatives to obtain similar exposure when appropriate. The strategy spans sectors such as investment‑grade corporates, U.S. government-related debt, and structured credit including asset‑backed, commercial mortgage‑backed, and mortgage‑backed securities, with additional allocations that may include bank loans and selective high yield exposure. The portfolio targets a short interest‑rate profile—recently around a two‑year average effective duration—to help manage rate sensitivity while seeking competitive income. As of mid‑2025, the fund managed hundreds of holdings and maintained a distribution paid monthly, reflecting its income-oriented mandate. Benchmarked to the Bloomberg 1–3 Year U.S. Government/Credit Bond Index, the fund’s role in the market is to provide a core, short‑term bond allocation that balances liquidity, credit diversification, and modest duration risk within multi‑asset or fixed income portfolios.
Performance
LDCVX had a total return of 3.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03469 | May 29, 2026 |
| Apr 30, 2026 | $0.035 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03356 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03479 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03626 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03594 | Dec 31, 2025 |