Lord Abbett Ultra Short Bond Fund Class R5 (LUBVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.02
0.00 (0.00%)
Jan 13, 2025, 11:35 AM EST
0.50% (1Y)
| Fund Assets | 11.42B |
| Expense Ratio | 0.28% |
| Min. Investment | $0.00 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 5.16% |
| Dividend Growth | 16.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.02 |
| YTD Return | -0.10% |
| 1-Year Return | 5.36% |
| 5-Year Return | 12.06% |
| 52-Week Low | 9.95 |
| 52-Week High | 10.04 |
| Beta (5Y) | n/a |
| Holdings | 428 |
| Inception Date | Oct 17, 2016 |
About LUBVX
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 Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LUBVX
Index ICE BofA U.S.Treasury Bill TR
Performance
LUBVX had a total return of 5.36% in the past year. Since the fund's inception, the average annual return has been 2.10%, including dividends.
Top 10 Holdings
10.43% of assets| Name | Symbol | Weight |
|---|---|---|
| HSBC Holdings PLC 3% | HSBC V2.999 03.10.26 | 1.36% |
| United States Treasury Notes 5% | T 5 09.30.25 | 1.31% |
| Glencore Funding LLC 0% | n/a | 1.25% |
| Wells Fargo & Co. 2.41% | WFC V2.406 10.30.25 MTN | 1.15% |
| BNP Paribas SA 2.82% | BNP V2.819 11.19.25 144A | 0.97% |
| United States Treasury Notes 0.38% | TII 0.375 07.15.25 | 0.95% |
| Broadcom Inc | n/a | 0.90% |
| JPMorgan Chase & Co. 2.3% | JPM V2.301 10.15.25 | 0.90% |
| Crown Castle Inc. 0% | n/a | 0.82% |
| Citigroup Inc. 2.01% | C V2.014 01.25.26 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.04144 | Dec 31, 2024 |
| Nov 29, 2024 | $0.04101 | Nov 29, 2024 |
| Oct 31, 2024 | $0.04253 | Oct 31, 2024 |
| Sep 30, 2024 | $0.04313 | Sep 30, 2024 |
| Aug 30, 2024 | $0.04481 | Aug 30, 2024 |
| Jul 31, 2024 | $0.04449 | Jul 31, 2024 |