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Lord Abbett Short Duration Income Fund (LALDX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks a high level of income consistent with preservation of capital. The fund invests primarily 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.

Looking to diversify beyond LALDX? The mutual funds below have the lowest correlation with LALDX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LALDX.

Best Diversifiers for LALDX

23 mutual funds have low correlation with LALDX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Convertible Fund Class F3 (LOCFX) (Convertible Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.13 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LOCFX
Lord Abbett Convertible Fund Class F30.080.130.13
87
Convertible BondsLALDX vs LOCFX
DFCFX
DFA Two-Year Fixed Income Portfolio0.080.020.31
66
Short-Term BondLALDX vs DFCFX
LBFFX
Lord Abbett Convertible Fund Class F0.080.120.13
88
Preferred Stock/Convertible BondsLALDX vs LBFFX
LCFYX
Lord Abbett Convertible Fund0.080.120.13
87
Convertible BondsLALDX vs LCFYX
LAGWX
Lord Abbett Developing Growth Fund0.110.130.13
68
Small Cap Growth EquitiesLALDX vs LAGWX
See all 55 diversifiers for LALDX

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