Lord Abbett Core Plus Bond Fund (LAPLX)
The fund invests 80%+ in fixed income securities, focusing on investment grade debt while allowing up to 35% in high-yield debt securities rated BB/Ba or lower.
Fund Info
| ISIN | US54401E5722 |
|---|---|
| CUSIP | 54401E572 |
| Issuer | Lord Abbett |
| Inception Date | Apr 4, 2017 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $1,500 |
| Asset Class | Bond |
Expense Ratio
LAPLX has a high expense ratio of 0.68%, 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 Core Plus 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 Core Plus Bond Fund had a return of -1.63% year-to-date (YTD) and 1.21% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.63% | 5.21% |
| 1 month | -1.65% | -4.30% |
| 6 months | 5.57% | 18.42% |
| 1 year | 1.21% | 21.82% |
| 5 years (annualized) | 0.56% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.52% | -0.95% | 0.63% | -2.13% | ||||||||
| 2023 | -1.05% | 4.62% | 3.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LAPLX is 13, indicating that it is in the bottom 13% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Lord Abbett Core Plus Bond Fund(LAPLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Core Plus Bond Fund (LAPLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Core Plus Bond Fund granted a 4.92% dividend yield in the last twelve months. The annual payout for that period amounted to $0.62 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.65 | $0.53 | $0.42 | $0.67 | $0.58 | $0.57 | $0.49 | $0.64 | $0.03 |
Dividend yield | 4.92% | 4.99% | 4.17% | 2.74% | 4.27% | 3.79% | 3.94% | 3.21% | 4.30% | 0.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Core Plus 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 | $0.06 | $0.06 | $0.06 | $0.00 | ||||||||
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.10 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.21 |
| 2019 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.13 |
| 2018 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2016 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.14 |
| 2015 | $0.03 |
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 Core Plus 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 Core Plus Bond Fund was 18.27%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Lord Abbett Core Plus Bond Fund drawdown is 10.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.27% | Sep 15, 2021 | 281 | Oct 20, 2022 | — | — | — |
| -10.96% | Mar 9, 2020 | 11 | Mar 23, 2020 | 84 | Jul 22, 2020 | 95 |
| -2.98% | Oct 3, 2016 | 54 | Dec 16, 2016 | 78 | Apr 11, 2017 | 132 |
| -2.6% | Jan 5, 2021 | 53 | Mar 18, 2021 | 59 | Jun 10, 2021 | 112 |
| -2.54% | Jan 2, 2018 | 95 | May 17, 2018 | 175 | Jan 29, 2019 | 270 |
Volatility
Volatility Chart
The current Lord Abbett Core Plus Bond Fund volatility is 1.64%, 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.