Lord Abbett Short Duration Income Fund Class I (LLDYX)
| Fund Assets | 43.01B |
| Expense Ratio | 0.39% |
| Min. Investment | $1,000,000 |
| Turnover | 161.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 5.25% |
| Dividend Growth | 0.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 3.840 |
| YTD Return | -0.47% |
| 1-Year Return | 4.49% |
| 5-Year Return | 10.76% |
| 52-Week Low | 3.840 |
| 52-Week High | 3.900 |
| Beta (5Y) | n/a |
| Holdings | 1103 |
| Inception Date | Oct 19, 2004 |
About LLDYX
Lord Abbett Short Duration Income Fund Class I is an open-end mutual fund specializing in short-term fixed income investments. Its primary objective is to deliver a high level of current income while maintaining capital preservation, making it suitable for investors seeking income with lower interest rate sensitivity. The fund invests at least 65% of its assets in a diversified range of investment grade debt securities, including corporate bonds from both U.S. and non-U.S. issuers (denominated in U.S. dollars), mortgage-backed and other asset-backed securities, and obligations issued or guaranteed by the U.S. government and its agencies. It also includes allocations to high yield corporate debt, bank loans, convertible bonds, and sovereign securities to further enhance diversification. Managed by Lord, Abbett & Co., the fund typically maintains a short average duration—approximately 1.8 to 2 years—which helps reduce interest rate risk compared to longer-duration bond funds. With a significant asset base and a low expense ratio for its category, the fund is designed for institutional investors and others with a focus on liquidity and stability. Its broad sector exposure and active management aim to provide resilient performance across different market environments within the short-term bond sector.
Performance
LLDYX had a total return of 4.49% 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 |
|---|---|---|
| Feb 27, 2026 | $0.01565 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01619 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01631 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01606 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01678 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01655 | Sep 30, 2025 |