Lord Abbett Climate Focused Bond Fund (CFLIX)
Under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds and other fixed income securities. It may invest up to 30% of its net assets in high-yield securities (commonly referred to as "below investment grade" or "junk" bonds). The fund may use derivatives to hedge against risk or to gain investment exposure.
Fund Info
| ISIN | US54401T8273 |
|---|---|
| Issuer | Lord Abbett |
| Inception Date | May 27, 2020 |
| Category | Global Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
The Lord Abbett Climate Focused Bond Fund has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett Climate Focused Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lord Abbett Climate Focused Bond Fund had a return of 0.53% year-to-date (YTD) and 6.56% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.53% | 6.92% |
| 1 month | -1.26% | -2.83% |
| 6 months | 7.19% | 23.86% |
| 1 year | 6.56% | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.76% | -0.78% | 1.14% | |||||||||
| 2023 | -1.81% | 0.08% | 3.01% | 3.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Lord Abbett Climate Focused Bond Fund(CFLIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Climate Focused Bond Fund (CFLIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Climate Focused Bond Fund granted a 6.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.55 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.55 | $0.40 | $0.71 | $0.36 | $0.13 |
Dividend yield | 6.65% | 4.73% | 8.75% | 3.63% | 1.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Climate Focused Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.16 | $0.02 | $0.02 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.53 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.19 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Climate Focused Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett Climate Focused Bond Fund was 15.42%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Lord Abbett Climate Focused Bond Fund drawdown is 5.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.42% | Dec 20, 2021 | 214 | Oct 21, 2022 | — | — | — |
| -2.05% | Jan 27, 2021 | 38 | Mar 18, 2021 | 77 | Jul 7, 2021 | 115 |
| -1.54% | Aug 6, 2021 | 54 | Oct 21, 2021 | 41 | Dec 17, 2021 | 95 |
| -0.48% | Sep 4, 2020 | 14 | Sep 24, 2020 | 11 | Oct 9, 2020 | 25 |
| -0.48% | Aug 7, 2020 | 5 | Aug 13, 2020 | 14 | Sep 2, 2020 | 19 |
Volatility
Volatility Chart
The current Lord Abbett Climate Focused Bond Fund volatility is 1.30%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.