Lord Abbett Short Duration Income Fund (LDLTX)
| Fund Assets | 43.12B |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 92.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 5.23% |
| Dividend Growth | 3.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 3.890 |
| YTD Return | 1.65% |
| 1-Year Return | 2.45% |
| 5-Year Return | 8.72% |
| 52-Week Low | 3.840 |
| 52-Week High | 3.900 |
| Beta (5Y) | n/a |
| Holdings | 1082 |
| Inception Date | Jun 30, 2015 |
About LDLTX
Lord Abbett Short Duration Income Fund Class R5 is an actively managed mutual fund focused on generating a high level of current income while emphasizing preservation of capital. The strategy invests primarily in short‑maturity debt, maintaining an average dollar‑weighted duration typically between one and three years to help manage interest‑rate sensitivity. The portfolio spans investment‑grade corporate bonds alongside diversified exposure to securitized sectors such as asset‑backed securities, commercial and residential mortgage‑backed securities, collateralized loan obligations, and select government‑related debt. The fund may also use derivatives, including futures, forwards, options, and swaps, to hedge risks, manage duration, or efficiently gain exposure. With an expense ratio listed at 0.38% for this share class, the product is designed to provide broad short‑term credit exposure with disciplined risk controls. Its mandate and sector mix position it as a core short‑term bond holding for investors seeking income with lower duration risk relative to intermediate bond funds, supported by a large, diversified holdings base and ongoing active allocation across credit and securitized markets.
Performance
LDLTX had a total return of 2.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.55%.
Top 10 Holdings
7.47% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.75% | T.3.75 04.30.27 | 1.75% |
| United States Treasury Notes 3.75% | T.3.75 06.30.27 | 1.73% |
| United States Treasury Notes 3.75% | T.3.75 08.31.26 | 0.75% |
| J P Morgan Securities Inc | n/a | 0.61% |
| Centene Corp. 4.25% | CNC.4.25 12.15.27 | 0.54% |
| Asurion Llc | n/a | 0.44% |
| Carnival Corporation 4% | CCL.4 08.01.28 144A | 0.43% |
| Uber Technologies Inc 4.5% | UBER.4.5 08.15.29 144A | 0.42% |
| ARES LX CLO LTD 5.51% | ARES.2021-60A AR | 0.39% |
| Carnival Corporation 6% | CCL.6 05.01.29 144A | 0.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01653 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01747 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01735 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01754 | Jun 30, 2025 |
| May 30, 2025 | $0.01778 | May 30, 2025 |
| Apr 30, 2025 | $0.01706 | Apr 30, 2025 |