Lord Abbett Ultra Short Bond Fund (LUBYX)
Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities of various types. It invests only in debt securities rated investment grade at the time of purchase or determined by Lord Abbett to be of comparable quality.
Fund Info
US54401E4576
Oct 17, 2016
$1,000,000
Expense Ratio
LUBYX has an expense ratio of 0.28%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Lord Abbett Ultra Short Bond Fund (LUBYX) returned 1.52% year-to-date (YTD) and 5.62% over the past 12 months.
LUBYX
1.52%
0.50%
2.46%
5.62%
5.02%
3.07%
N/A
^GSPC (Benchmark)
1.00%
12.45%
0.40%
11.91%
15.05%
15.04%
10.82%
Monthly Returns
The table below presents the monthly returns of LUBYX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.41% | 0.49% | 0.31% | 0.40% | -0.10% | 1.52% | |||||||
| 2024 | 1.07% | 0.41% | 0.00% | 0.88% | 0.55% | 0.00% | 1.19% | 0.10% | 0.98% | 0.33% | 0.00% | 0.92% | 6.61% |
| 2023 | 1.10% | 0.31% | 0.34% | 0.10% | 0.61% | 0.38% | 0.60% | 0.51% | -0.10% | 0.82% | 0.71% | 0.30% | 5.82% |
| 2022 | -0.15% | -0.14% | -0.44% | -0.12% | -0.04% | -0.29% | 0.20% | 0.33% | -0.30% | 0.03% | 0.57% | 0.51% | 0.15% |
| 2021 | 0.04% | 0.04% | -0.02% | 0.04% | 0.04% | 0.09% | 0.05% | 0.09% | -0.05% | -0.05% | 0.00% | -0.02% | 0.25% |
| 2020 | 0.18% | 0.16% | -1.63% | 1.16% | 0.52% | 0.39% | 0.28% | 0.06% | 0.05% | 0.05% | 0.04% | 0.04% | 1.28% |
| 2019 | 0.33% | 0.32% | 0.24% | 0.33% | 0.23% | 0.22% | 0.22% | 0.21% | 0.20% | 0.30% | 0.18% | 0.18% | 3.00% |
| 2018 | 0.15% | 0.04% | 0.00% | 0.35% | 0.20% | 0.00% | 0.39% | 0.30% | 0.20% | 0.11% | 0.11% | 0.22% | 2.10% |
| 2017 | 0.10% | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.13% | 0.13% | 0.13% | 0.73% |
| 2016 | 0.00% | 0.00% | -0.10% | -0.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, LUBYX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Ultra Short Bond Fund (LUBYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Lord Abbett Ultra Short Bond Fund provided a 5.05% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.52 | $0.44 | $0.21 | $0.07 | $0.12 | $0.25 | $0.23 | $0.05 |
Dividend yield | 5.05% | 5.16% | 4.46% | 2.15% | 0.73% | 1.15% | 2.54% | 2.26% | 0.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Ultra Short 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.16 | |||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.52 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2022 | $0.00 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.06 | $0.21 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.07 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 |
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 Ultra Short 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 Ultra Short Bond Fund was 2.59%, occurring on Mar 24, 2020. Recovery took 46 trading sessions.
The current Lord Abbett Ultra Short Bond Fund drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.59% | Mar 9, 2020 | 12 | Mar 24, 2020 | 46 | May 29, 2020 | 58 |
| -1.51% | Sep 16, 2021 | 194 | Jun 21, 2022 | 135 | Dec 30, 2022 | 329 |
| -0.3% | May 12, 2023 | 10 | May 25, 2023 | 3 | May 31, 2023 | 13 |
| -0.3% | Apr 7, 2025 | 5 | Apr 11, 2025 | 12 | Apr 30, 2025 | 17 |
| -0.2% | Mar 16, 2023 | 1 | Mar 16, 2023 | 5 | Mar 23, 2023 | 6 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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