LALDX vs. LABFX
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LALDX) and Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX).
LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993. LABFX is managed by Lord Abbett. It was launched on Dec 26, 1994.
Performance
LALDX vs. LABFX - Performance Comparison
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LALDX vs. LABFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | -0.24% | 5.70% | 4.48% | 4.76% | -5.48% | 1.17% | 2.98% | 5.42% | 1.24% | 2.30% |
LABFX Lord Abbett Multi-Asset Balanced Opportunity Fund | -2.94% | 12.93% | 15.10% | 11.91% | -16.16% | 4.46% | 19.37% | 19.78% | -10.25% | 8.84% |
Returns By Period
In the year-to-date period, LALDX achieves a -0.24% return, which is significantly higher than LABFX's -2.94% return. Over the past 10 years, LALDX has underperformed LABFX with an annualized return of 2.46%, while LABFX has yielded a comparatively higher 6.73% annualized return.
LALDX
- 1D
- 0.26%
- 1M
- -1.03%
- YTD
- -0.24%
- 6M
- 0.98%
- 1Y
- 3.88%
- 3Y*
- 4.35%
- 5Y*
- 1.91%
- 10Y*
- 2.46%
LABFX
- 1D
- -0.08%
- 1M
- -5.76%
- YTD
- -2.94%
- 6M
- -1.32%
- 1Y
- 10.06%
- 3Y*
- 11.24%
- 5Y*
- 3.43%
- 10Y*
- 6.73%
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LALDX vs. LABFX - Expense Ratio Comparison
LALDX has a 0.58% expense ratio, which is higher than LABFX's 0.50% expense ratio.
Return for Risk
LALDX vs. LABFX — Risk / Return Rank
LALDX
LABFX
LALDX vs. LABFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LALDX) and Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LALDX | LABFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.82 | 1.09 | +0.73 |
Sortino ratioReturn per unit of downside risk | 3.07 | 1.54 | +1.54 |
Omega ratioGain probability vs. loss probability | 1.57 | 1.23 | +0.34 |
Calmar ratioReturn relative to maximum drawdown | 3.57 | 1.38 | +2.18 |
Martin ratioReturn relative to average drawdown | 14.42 | 5.73 | +8.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LALDX | LABFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | 1.09 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.33 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | 0.59 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.28 | 0.60 | +0.69 |
Correlation
The correlation between LALDX and LABFX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
LALDX vs. LABFX - Dividend Comparison
LALDX's dividend yield for the trailing twelve months is around 4.62%, more than LABFX's 2.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.62% | 5.01% | 4.11% | 4.09% | 2.42% | 2.37% | 2.88% | 3.59% | 3.88% | 3.71% | 3.95% | 3.95% |
LABFX Lord Abbett Multi-Asset Balanced Opportunity Fund | 2.15% | 2.27% | 2.52% | 2.25% | 1.81% | 13.30% | 5.83% | 3.04% | 5.83% | 4.39% | 3.32% | 7.83% |
Drawdowns
LALDX vs. LABFX - Drawdown Comparison
The maximum LALDX drawdown since its inception was -10.58%, smaller than the maximum LABFX drawdown of -41.58%. Use the drawdown chart below to compare losses from any high point for LALDX and LABFX.
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Drawdown Indicators
| LALDX | LABFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.58% | -41.58% | +31.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | -6.86% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -7.60% | -26.26% | +18.66% |
Max Drawdown (10Y)Largest decline over 10 years | -9.67% | -26.26% | +16.59% |
Current DrawdownCurrent decline from peak | -1.03% | -6.10% | +5.07% |
Average DrawdownAverage peak-to-trough decline | -0.82% | -5.20% | +4.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 1.66% | -1.34% |
Volatility
LALDX vs. LABFX - Volatility Comparison
The current volatility for Lord Abbett Short Duration Income Fund (LALDX) is 0.71%, while Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX) has a volatility of 3.18%. This indicates that LALDX experiences smaller price fluctuations and is considered to be less risky than LABFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LALDX | LABFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 3.18% | -2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 5.79% | -4.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.39% | 9.52% | -7.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.64% | 10.35% | -7.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.58% | 11.37% | -8.79% |