Lord Abbett Bond Debenture Fund Class A

 (MUTF:LBNDX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week   +0.19%
   
4 week   +1.05%
   
3 month   +2.54%
   
YTD   +8.05%
   
1 year   +9.38%
   
3 years*   +6.47%
   
5 years*   +6.39%
   
*annualized
Best 3 month return+12.76%  
Worst 3 month return-22.29%  

Morningstar statistics

Morningstar category: Multisector Bond
  Return Risk Rating
3 years High Above Average
5 years High Above Average
10 years Above Average Above Average
Overall High Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets11.65B 
Front load2.25%  
Deferred load-  
Expense ratio0.81%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash0.00%  
Stocks13.69%  
Bonds83.79%  
Preferred0.49%  
Convertible0.69%  
Other1.34%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
8.280.00(0.00%)
Oct 16, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high current income and the opportunity for capital appreciation to produce a high total return. To pursue its objective, under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds, debentures and other fixed income securities. It may invest a substantial portion of its net assets in high-yield securities (commonly referred to as "below investment grade" or "junk" bonds). The fund may invest up to 20% of its net assets in equity securities, including common stocks, preferred stocks, convertible preferred stocks, and similar instruments.
Fund filings (PDF) »
Asset managers:
Steven Rocco (Started: Oct 1, 2014)
Leah Traub (Started: May 1, 2016)
Kewjin Yuoh (Started: Dec 31, 2014)
Andrew O'Brien (Started: Dec 31, 2014)
Robert Lee (Started: Dec 31, 2013)
Advisor Company:
Lord, Abbett & Co LLC
Fund family reports on Morningstar »
Lord Abbett, 90 Hudson Street, Jersey City NJ 7302, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 7.83 5.03 5.15 3.81
Beta* 0.28 0.28 0.54 0.68
Mean annual return 0.70 0.50 0.53 0.57
R-squared* 16.44 2.85 10.94 7.15
Standard deviation 2.20 4.81 4.64 8.24
Sharpe ratio 3.49 1.19 1.33 0.77
* Against standard index

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