Lord Abbett Short Duration Income Fund Class A USD Distributing header image

Lord Abbett Short Duration Income Fund Class A USD Distributing

Fund

ISIN IE00BFNWXZ33 / Valor 23783511

NAV (2024-12-24)
USD 9.24%

Lord Abbett Short Duration Income Fund Class A USD Distributing
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General Objective

The fund aims to deliver a high level of current income consistent with the preservation of capital by primarily investing in short maturity debt securities including corporate bonds, U.S. government securities, and mortgage- and other asset-backed debt securities.

Fund Exposure

The fund is exposed to a variety of asset classes including corporate bonds, U.S. government securities, and mortgage- and other asset-backed debt securities in order to achieve its objective of delivering current income while preserving capital.

Risks

Key risks associated with this fund include credit risk, interest rate risk, high yield risk, mortgage and asset-backed securities risk, and derivatives risk. Additionally, changes in currency exchange rates may impact fund returns for share classes denominated in a currency other than U.S. dollars. Investors are advised to refer to the fund's KIID and prospectus for more detailed risk information.

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Source

https://www.lordabbett.com/en/strategies/mutual-funds/short-duration-income-fund.class-i.html

Tags:
investment grade short term debt bloomberg us aggregate bond index

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