Lord Abbett Bond Debenture Fund Class A

 (MUTF:LBNDX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.11%  
1 week
   
-0.03%  
4 week   +0.83%
   
3 month   +1.63%
   
YTD   +8.63%
   
1 year   +8.87%
   
3 years*   +6.82%
   
5 years*   +6.28%
   
*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 High Above Average
Overall High Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets12.25B 
Front load2.25%  
Deferred load-  
Expense ratio0.81%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash0.00%  
Stocks15.19%  
Bonds80.10%  
Preferred1.45%  
Convertible1.44%  
Other1.83%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
8.23+0.01(0.11%)
Dec 14, 7:00PM EST 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* 7.97 5.05 5.19 4.04
Beta* 0.30 0.28 0.54 0.71
Mean annual return 0.80 0.50 0.53 0.58
R-squared* 5.72 2.69 11.01 7.90
Standard deviation 1.92 4.80 4.64 8.22
Sharpe ratio 4.43 1.16 1.32 0.80
* Against standard index

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