Lord Abbett Short Duration Income Fund (LLDYX)
Fund Info
US5439166886
543916688
Oct 19, 2004
$1,000,000
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 Short Duration Income 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 Short Duration Income Fund had a return of 5.10% year-to-date (YTD) and 6.93% in the last 12 months. Over the past 10 years, Lord Abbett Short Duration Income Fund had an annualized return of 2.37%, while the S&P 500 had an annualized return of 11.13%, indicating that Lord Abbett Short Duration Income Fund did not perform as well as the benchmark.
LLDYX
5.10%
0.17%
3.19%
6.93%
1.98%
2.37%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of LLDYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.12% | -0.13% | 0.00% | 0.33% | 0.97% | 0.00% | 1.67% | 0.26% | 1.39% | -0.34% | 5.10% | ||
| 2023 | 1.77% | -0.70% | 0.92% | 0.26% | -0.00% | -0.13% | 0.66% | 0.42% | -0.52% | 0.30% | 1.48% | 0.78% | 5.35% |
| 2022 | -0.50% | -0.75% | -1.25% | -1.00% | 0.25% | -1.01% | 0.77% | -0.44% | -1.74% | -0.18% | 0.87% | -0.00% | -4.91% |
| 2021 | 0.00% | 0.23% | 0.19% | 0.45% | 0.00% | 0.19% | 0.00% | 0.19% | -0.05% | -0.24% | 0.15% | -0.05% | 1.07% |
| 2020 | 0.76% | 0.26% | -6.33% | 2.58% | 1.76% | 1.24% | 0.73% | 0.72% | 0.00% | 0.22% | 0.72% | 0.72% | 3.15% |
| 2019 | 0.82% | 0.58% | 0.58% | 0.57% | 0.57% | 0.57% | 0.33% | 0.55% | 0.07% | 0.29% | 0.05% | 0.53% | 5.65% |
| 2018 | -0.14% | -0.14% | 0.10% | 0.12% | 0.34% | 0.12% | 0.10% | 0.36% | 0.12% | -0.14% | 0.34% | 0.34% | 1.52% |
| 2017 | 0.56% | 0.33% | 0.09% | 0.33% | 0.33% | 0.10% | 0.30% | 0.33% | 0.09% | 0.07% | -0.14% | 0.31% | 2.72% |
| 2016 | -0.11% | -0.12% | 1.52% | 0.81% | 0.11% | 0.81% | 0.33% | 0.34% | 0.12% | 0.35% | -0.34% | 0.09% | 3.97% |
| 2015 | 0.56% | 0.34% | 0.34% | 0.34% | 0.11% | -0.11% | -0.11% | -0.11% | -0.11% | 0.32% | -0.11% | -0.57% | 0.87% |
| 2014 | 0.33% | 0.55% | 0.09% | 0.33% | 0.55% | 0.11% | -0.11% | 0.33% | -0.33% | 0.33% | 0.33% | -0.78% | 1.76% |
| 2013 | 0.11% | 0.33% | 0.32% | 0.54% | -0.32% | -0.97% | 0.33% | -0.11% | 0.77% | 0.53% | 0.30% | -0.13% | 1.70% |
Expense Ratio
LLDYX features an expense ratio of 0.38%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LLDYX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LLDYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Short Duration Income Fund provided a 5.13% dividend yield over the last twelve months, with an annual payout of $0.20 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.18 | $0.13 | $0.10 | $0.13 | $0.16 | $0.17 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 |
Dividend yield | 5.13% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% | 3.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Short Duration Income 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.17 | |
| 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 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 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 | $0.10 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2019 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.18 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.18 |
| 2014 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.18 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Short Duration Income 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 Short Duration Income Fund was 10.54%, occurring on Nov 20, 2008. Recovery took 90 trading sessions.
The current Lord Abbett Short Duration Income Fund drawdown is 0.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.54% | Sep 12, 2008 | 50 | Nov 20, 2008 | 90 | Apr 2, 2009 | 140 |
| -9.67% | Mar 6, 2020 | 14 | Mar 25, 2020 | 110 | Aug 31, 2020 | 124 |
| -6.65% | Oct 5, 2021 | 266 | Oct 19, 2022 | 301 | Dec 27, 2023 | 567 |
| -2.04% | Aug 3, 2011 | 45 | Oct 5, 2011 | 44 | Dec 7, 2011 | 89 |
| -1.83% | May 17, 2013 | 27 | Jun 25, 2013 | 90 | Oct 31, 2013 | 117 |
Volatility
Volatility Chart
The current Lord Abbett Short Duration Income Fund volatility is 0.74%, 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.