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   +0.44%
   
4 week   +1.05%
   
3 month   +2.56%
   
YTD   +6.11%
   
1 year   +9.53%
   
3 years*   +5.24%
   
5 years*   +6.98%
   
*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 assets10.87B 
Front load2.25%  
Deferred load-  
Expense ratio0.81%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash0.10%  
Stocks14.30%  
Bonds83.05%  
Preferred0.33%  
Convertible1.90%  
Other0.31%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
8.22+0.01(0.12%)
Jul 25, 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* 10.45 3.43 5.41 3.56
Beta* 0.51 0.45 0.57 0.69
Mean annual return 0.88 0.39 0.56 0.56
R-squared* 26.12 6.59 12.10 7.23
Standard deviation 2.97 5.13 4.68 8.31
Sharpe ratio 3.34 0.87 1.41 0.75
* Against standard index

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