Fund Evaluator:
Lord Abbett Short Duration Income F (LDLFX)
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Best Performing in Short-Term Bond Over the Last Year
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Fund Details
Lord Abbett Short Duration Income F Overview
Lord Abbett Short Duration Income F (LDLFX) is an actively managed Taxable Bond Short-Term Bond fund. Lord Abbett launched the fund in 2007.
The investment seeks a high level of income consistent with preservation of capital. 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.
About Lord Abbett Short Duration Income F (LDLFX)
There are 7 members of the management team with an average tenure of 9.73 years: Steven Rocco (2016), Adam Castle (2021), Yoana Koleva (2022), Ty J. Kern (2025), Gregory Benz (2025), Andrew O'Brien (2007), Robert Lee (1998). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA 1-3Y US Corp TR USD index with a weighting of 100%. Lord Abbett Short Duration Income F has 1136 securities in its portfolio. The top 10 holdings constitute 6.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Lord Abbett Short Duration Income F is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Lord Abbett Short Duration Income F has 19.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 97.9% (78.8% domestic bond, 19.1% foreign bond and 0.2% convertible bond). Lord Abbett Short Duration Income F has 1.9% of the portfolio in cash.
Assets Under Management
The fund has $827 million in total assets, which is below the $893 million average for the Short-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LDLFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Lord Abbett Short Duration Income F expense ratio is average compared to funds in the Short-Term Bond category. Lord Abbett Short Duration Income F has an expense ratio of 0.49%, which is 26% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Lord Abbett Short Duration Income F has a portfolio turnover rate of 161%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 134% for the Short-Term Bond category.
Recently, in the month of June 2026, Lord Abbett Short Duration Income F returned 0.1%, which earned it a grade of C, as the Short-Term Bond category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Lord Abbett Short Duration Income F has a trailing yield of 5.01%, which is above the 4.15% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Lord Abbett Short Duration Income F Grades
Year to date, the fund has returned 1.1%, 0.2 percentage points better than the category, which translates into a grade of B. The fund has returned 3.7% over the past year (grade of B), 5.4% over the past three years (grade of B) and 2.6% per year over the past five years (grade of B) and 2.7% per year over the past 10 years (grade of B).
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LDLFX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LDLFX Return (NAV) | 0.1% | 1.0% | 3.7% | 5.4% | 2.6% | 2.7% |
| LDLFX Grade | C | B | B | B | B | B |
| +/- Category | 0.0% | 0.2% | 0.2% | 0.2% | 0.3% | 0.4% |
| Short-Term Bond Avg | 0.1% | 0.8% | 3.5% | 5.2% | 2.3% | 2.3% |
| LDLFX Tax Cost Ratio | na | na | 2.0% | 2.0% | 1.8% | 1.6% |
LDLFX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LDLFX Return (NAV) | 1.1% | 6.1% | 5.2% | 5.6% | -4.7% | 1.0% | 3.0% | 5.5% | 1.3% | 2.6% | 3.9% |
| LDLFX Grade | B | B | B | C | C | A | F | B | B | A | A |
| +/- Category | 0.2% | 0.2% | 0.3% | -0.0% | 0.4% | 1.0% | -1.2% | 0.8% | 0.6% | 0.8% | 1.3% |
| Short-Term Bond Avg | 0.9% | 5.9% | 4.9% | 5.6% | -5.0% | -0.0% | 4.2% | 4.8% | 0.7% | 1.8% | 2.5% |
| Risk Measures | |
| Standard Deviation: | 1.7% |
| Total Risk Index: | 0.14 - Low |
| Category Risk Index: | 0.84 - Below Average |
| Category Risk Grade: | B (40% Rank) |
| Beta: | 0.27 |
| R-Squared: | 82% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 5.0% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $43452 Mil |
| Fund Total Assets: | $ 827 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 161% |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 27.5 years | |||
| Average Tenure: 9.7 years | |||
| Managers (Year): Lee Robert (1998), O'Brien Andrew (2007), Rocco Steven (2016), Castle Adam (2021), Koleva Yoana (2022), Kern Ty J. (2025), Benz Gregory (2025) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 1136 |
| % in Top 10 Holdings: | 6.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 19.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 78.8% |
| Foreign Bond: | 19.1% |
| Convertible Bond: | 0.2% |
| Other: | 0.0% |
| Cash: | 1.9% |
Purchase Information
| Fund Family: | Lord Abbett |
| Phone Number: | 888-522-2388 |
| Website: | www.lordabbett.com |
| Status: | Open |
| Inception Date: | September 28, 2007 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.10% |
Expenses and Fees | |
| Expense Ratio (%): | 0.49% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.66% |
| Share Class: | Lord Abbett Short Duration Income A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
