Lord Abbett Ultra Short Bond Fund - Class AZM HKD Distributing
ISIN IE000MHQE6D2 / Valor 12977529
Lord Abbett Ultra Short Bond Fund - Class AZM HKD Distributing
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General Objective
The fund aims to deliver current income consistent with the preservation of capital by investing in a broad range of investment grade ultra-short fixed income and money market securities with a weighted average duration of less than one year.
Fund Exposure
The fund is exposed to a portfolio breakdown that includes corporate floating rate securities, commercial paper, U.S. government related securities, CMBS, bank loans ABS, sovereign securities, CLOs, MBS, and cash. The duration distribution includes a mix of corporate fixed rate securities.
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, for share classes denominated in a currency other than U.S. dollars, changes in currency exchange rates may impact fund returns.
Source
https://www.lordabbett.com/en/strategies/mutual-funds/ultra-short-bond-fund.class-a.html
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OTHER SHARE CLASSES OF THIS FUND
