- What does LDCVX invest in?
- The fund typically commits at least 80% of its total assets, including any capital acquired through borrowing for investment purposes, to a diverse array of short-term fixed income instruments. This allocation encompasses both direct debt securities and derivative contracts structured to replicate the economic performance of such holdings. Furthermore, a substantial majority of the portfolio's assets are channeled into debt securities that are classified as investment-grade when initially acquired, or are otherwise judged by Lord Abbett to possess equivalent credit quality.
- What is the expense ratio of LDCVX?
- Lord Abbett Short Duration Core Bond Fund (LDCVX) charges an expense ratio of 0.31%. This is the annual fee deducted from fund assets to cover management and operations.
- What is LDCVX's dividend yield?
- LDCVX's trailing-twelve-month yield is 4.69%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of LDCVX?
- Effective duration measures LDCVX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. LDCVX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of LDCVX?
- LDCVX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of LDCVX?
- Yield to maturity (YTM) is the total return you'd earn from LDCVX if every bond in the portfolio is held to maturity at the current price. LDCVX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
