Lord Abbett Short Duration Income Fund (LDLAX)
| Fund Assets | 43.45B |
| Expense Ratio | 1.22% |
| Min. Investment | $1,500 |
| Turnover | 161.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 4.27% |
| Dividend Growth | -3.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 3.860 |
| YTD Return | 0.52% |
| 1-Year Return | 3.24% |
| 5-Year Return | 7.37% |
| 52-Week Low | 3.860 |
| 52-Week High | 3.930 |
| Beta (5Y) | 0.14 |
| Holdings | 1136 |
| Inception Date | Jul 15, 1996 |
About LDLAX
Lord Abbett Short Duration Income Fund Class C is an actively managed mutual fund focused on generating a high level of current income while emphasizing capital preservation. The strategy invests across short-duration fixed income, allocating primarily to investment-grade corporate bonds and U.S. government-related securities, with additional exposure to securitized sectors such as asset-backed, mortgage-backed, commercial mortgage-backed securities, collateralized loan obligations, and select high yield and bank loans to diversify income sources. The fund maintains a limited interest rate sensitivity profile consistent with a short-term bond approach, distributing income monthly and seeking to balance yield with controlled volatility. It is sizable in its category, with total net assets exceeding $40 billion and more than a thousand holdings, reflecting broad issuer and sector diversification and an actively adjusted maturity profile centered in the one- to five-year range. The share class carries a level-load fee structure with a 1.19% expense ratio as reported, and a minimum initial investment of $1,500, positioning it as an income-oriented option for investors seeking short-duration bond exposure within a multi-sector framework.
Performance
LDLAX had a total return of 3.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.87%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01321 | Jun 30, 2026 |
| May 29, 2026 | $0.01337 | May 29, 2026 |
| Apr 30, 2026 | $0.01342 | Apr 30, 2026 |
| Mar 31, 2026 | $0.01339 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01323 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01351 | Jan 30, 2026 |