Lord Abbett Ultra Short Bond Fund Class A (LUBAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.99
0.00 (0.00%)
Jul 3, 2024, 8:00 PM EDT
1.22% (1Y)
| Fund Assets | 10.00B |
| Expense Ratio | 0.43% |
| Min. Investment | $1,500 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 4.88% |
| Dividend Growth | 41.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2024 |
| Previous Close | 9.99 |
| YTD Return | 2.53% |
| 1-Year Return | 5.78% |
| 5-Year Return | 9.79% |
| 52-Week Low | 9.86 |
| 52-Week High | 9.99 |
| Beta (5Y) | 0.07 |
| Holdings | 381 |
| Inception Date | Oct 27, 2016 |
About LUBAX
Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities of various types. It invests only in debt securities rated investment grade at the time of purchase or determined by Lord Abbett to be of comparable quality.
Fund Family Lord Abbett
Category Ultrashort Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LUBAX
Index ICE BofA U.S.Treasury Bill TR
Performance
LUBAX had a total return of 5.78% in the past year. Since the fund's inception, the average annual return has been -0.01%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LUBWX | Class R6 | 0.23% |
| LUBOX | Class F3 | 0.23% |
| LUBYX | Class I | 0.28% |
| LUBVX | Class R5 | 0.28% |
Top 10 Holdings
10.09% of assets| Name | Symbol | Weight |
|---|---|---|
| HSBC Holdings PLC 3% | HSBC V2.999 03.10.26 | 1.48% |
| Wells Fargo & Co. 2.41% | WFC V2.406 10.30.25 MTN | 1.25% |
| BNP Paribas SA 2.82% | BNP V2.819 11.19.25 144A | 1.06% |
| Bayer Corporation 0% | n/a | 1.02% |
| JPMorgan Chase & Co. 2.3% | JPM V2.301 10.15.25 | 0.98% |
| Citigroup Inc. 0% | C V2.014 01.25.26 | 0.89% |
| United States Treasury Notes 4.25% | T 4.25 05.31.25 | 0.88% |
| Rogers Communications Inc. 0% | n/a | 0.88% |
| Macquarie Group Ltd. 6.21% | MQGAU 6.207 11.22.24 144A | 0.87% |
| Apa Corp | n/a | 0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2024 | $0.04262 | Jun 30, 2024 |
| May 31, 2024 | $0.04337 | May 31, 2024 |
| Apr 30, 2024 | $0.04208 | Apr 30, 2024 |
| Mar 31, 2024 | $0.04243 | Mar 31, 2024 |
| Feb 29, 2024 | $0.04025 | Feb 29, 2024 |
| Jan 31, 2024 | $0.0418 | Jan 31, 2024 |