Lord Abbett Ultra Short Bond Fund - Class I EUR Accumulating (Hedged)
ISIN IE00BLGJS581 / Valor 53066922
Lord Abbett Ultra Short Bond Fund - Class I EUR Accumulating (Hedged)
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The Lord Abbett Ultra Short Bond Fund aims to provide current income and preserve capital by investing in a diversified portfolio of over 300 investment-grade ultra-short fixed income and money market securities from nearly 200 different issuers. The fund maintains a low average duration of 0.6 years and an average life of 1.1 years, ensuring minimal interest rate risk. With an average coupon rate of 4.0% and a yield to maturity of 4.8%, the portfolio is actively managed to balance income generation and stability, while keeping its top holdings to around 14% of the total assets.
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