Lord Abbett Short Duration Income I

Frequently Asked Questions About LLDYX

What does LLDYX invest in?

The fund invests in various types of short duration debt (or fixed income) securities. It invests at least 65% of its net assets in investment grade debt securities including corporate debt securities of U.S. issuers; corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; mortgage backed, mortgage-related, and other asset-backed securities; and securities issued or guaranteed by the U.S. government, its agencies and instrumentalities; and inflation-linked investments.

What is the expense ratio of LLDYX?

Lord Abbett Short Duration Income I (LLDYX) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is LLDYX's dividend yield?

LLDYX's trailing-twelve-month yield is 5.09%, calculated from the sum of dividends over the past year divided by the current price.

How big is LLDYX?

Lord Abbett Short Duration Income I (LLDYX) manages $43.45B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LLDYX actively managed or an index fund?

LLDYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LLDYX launched?

Lord Abbett Short Duration Income I (LLDYX) launched in October 2004 and is managed by the fund issuer.