# Lord Abbett Short Duration Income I (LLDYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lldyx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lord Abbett · Asset class: Equity - Strategy: Thematic · Inception: 2004-10-18 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. ## Key Facts | Metric | Value | |---|---| | Price | $3.78 | | Expense Ratio | 0.39% | | Assets Under Management | $42.52B | | NAV | $3.78 | | Holdings Count | — | | Distribution Yield (TTM) | 5.11% | | Annual Distribution (TTM) | $0.19 /share | | Distribution Frequency | Monthly | | 52-Week Range | $3.77 – $3.90 | | Beta | 0.24 | ## Latest Distribution - Amount: $0.0161 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 5.11%, 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 $42.52B 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 Lord Abbett. ### Does LLDYX pay a dividend? Yes, Lord Abbett Short Duration Income I (LLDYX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.11%. Full dividend history is on this page. ### How often does LLDYX pay dividends? Lord Abbett Short Duration Income I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LLDYX's next ex-dividend date? The most recently announced ex-dividend date for LLDYX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LLDYX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.39% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LLDYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LLDYX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LLDYX cost more than a fund like VOO? LLDYX's strategy (current expense ratio 0.39%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where LLDYX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to LLDYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LLDYX (0.39%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lldyx - Distribution history: https://www.dividenddata.com/funds/lldyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lldyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lldyx/expenses - Peer comparison: https://www.dividenddata.com/funds/lldyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.