- Issuer
- Lord Abbett
- Inception Date
- Oct 19, 2004
- Category
- Short-Term Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
LDLVX Performance Chart
Lord Abbett Short Duration Income Fund Class R6 (LDLVX) is up 1.0% since the beginning of the year. LDLVX is currently trading at $4 per share. Investors who bought $1,000 worth of LDLVX shares 5 years ago would now be looking at an investment worth $1,126.
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Returns By Period
Lord Abbett Short Duration Income Fund Class R6 (LDLVX) has returned 0.97% so far this year and 3.20% over the past 12 months. Over the last ten years, LDLVX has returned 2.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Lord Abbett Short Duration Income Fund Class R6
- 1D
- 0.00%
- 1M
- -0.26%
- 6M
- 0.55%
- YTD
- 0.97%
- 1Y
- 3.20%
- 3Y*
- 5.14%
- 5Y*
- 2.41%
- 10Y*
- 2.44%
- ALL TIME*
- 2.06%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
LDLVX Monthly Returns History
Based on dividend-adjusted daily data since Jul 13, 2015, LDLVX's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, an investment would double in approximately 34.0 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +2.6%, while the worst month was Mar 2020 at -6.3%. The longest winning streak lasted 24 consecutive months, and the longest losing streak was 7 months.
On a daily basis, LDLVX closed higher 14% of trading days. The best single day was Mar 27, 2020 with a return of +1.3%, while the worst single day was Mar 19, 2020 at -1.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.43% | 0.41% | -0.61% | 0.42% | 0.42% | 0.16% | -0.26% | 0.97% | |||||
| 2025 | 0.69% | 0.69% | 0.18% | 0.71% | 0.21% | 0.98% | -0.06% | 0.98% | 0.43% | 0.44% | 0.42% | 0.43% | 6.28% |
| 2024 | 0.44% | -0.10% | 0.44% | -0.08% | 0.97% | 0.00% | 1.23% | 0.70% | 0.95% | -0.33% | 0.44% | 0.18% | 4.94% |
| 2023 | 1.41% | -0.67% | 1.18% | 0.39% | -0.39% | -0.10% | 0.66% | 0.42% | -0.11% | -0.10% | 1.48% | 1.47% | 5.75% |
| 2022 | -0.51% | -0.75% | -1.22% | -0.75% | 0.25% | -1.51% | 0.77% | -0.71% | -2.05% | -0.18% | 0.87% | 0.39% | -5.31% |
| 2021 | 0.23% | 0.22% | 0.00% | 0.48% | 0.21% | -0.02% | 0.21% | -0.02% | 0.22% | -0.28% | -0.02% | -0.02% | 1.21% |
Benchmark Metrics
Lord Abbett Short Duration Income Fund Class R6 has an annualized alpha of 1.90%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 13, 2015.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (9.49%) than losses (8.24%) - typical of diversified or defensive assets.
- Beta of 0.01 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.90%
- Beta
- 0.01
- R²
- 0.01
- Upside Capture
- 9.49%
- Downside Capture
- 8.24%
Expense Ratio
LDLVX has an expense ratio of 0.32%, placing it in the medium range.
Return for Risk
Risk / Return Rank
LDLVX ranks 87 for risk / return — above 87% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund Class R6 (LDLVX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LDLVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.25 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 2.00 | +1.28 |
| Martin ratioReturn relative to average drawdown | 13.37 | 8.49 | +4.88 |
Dividends
Dividend History
Lord Abbett Short Duration Income Fund Class R6 provided a 4.75% dividend yield over the last twelve months, with an annual payout of $0.18 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.21 | $0.19 | $0.18 | $0.10 | $0.11 | $0.13 | $0.16 | $0.17 | $0.13 |
Dividend yield | 4.75% | 5.29% | 4.81% | 4.76% | 2.64% | 2.66% | 3.11% | 3.86% | 4.18% | 2.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Short Duration Income Fund Class R6. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.10 | |||||
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2023 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.02 | $0.10 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Short Duration Income Fund Class R6. 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 Short Duration Income Fund Class R6 was 9.67%, occurring on Mar 25, 2020. Recovery took 110 trading sessions.
The current Lord Abbett Short Duration Income Fund Class R6 drawdown is 0.26%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-9.67%Mar 2020 | 19d | 5mo 9d | 5mo 28dMar 2020 - Aug 2020 | COVID crash2020 |
-7.35%Oct 2022 | 1y 13d | 1y 2mo | 2y 3moOct 2021 - Jan 2024 | Bear market2022 |
-3.61%Feb 2016 | 6mo 24d | 2y 9mo | 3y 4moJul 2015 - Nov 2018 | — |
-1.29%Mar 2026 | 23d | 1mo 11d | 2mo 4dMar 2026 - May 2026 | — |
-1.03%Apr 2025 | 9d | 19d | 28dApr 2025 - Apr 2025 | 2025 selloff2025 |
Drawdown Indicators
| LDLVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.67% | -56.78% | +47.11% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | -9.10% | +7.81% |
Max Drawdown (3Y)Largest decline over 3 years | -1.29% | -18.90% | +17.61% |
Max Drawdown (5Y)Largest decline over 5 years | -7.35% | -25.43% | +18.08% |
Max Drawdown (10Y)Largest decline over 10 years | -9.67% | -33.92% | +24.25% |
Current DrawdownCurrent decline from peak | -0.26% | -1.58% | +1.32% |
Average DrawdownAverage peak-to-trough decline | -1.43% | -10.70% | +9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 2.14% | -1.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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