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LAPIX vs. AMFIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LAPIX vs. AMFIX

Last updated Jun 25, 2026

LAPIX (Lord Abbett Core Plus Bond Fund) and AMFIX (AAMA Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 5 years, LAPIX returned 0.34%/yr vs 0.77%/yr for AMFIX. A 0.76 correlation means they provide meaningful diversification when combined. LAPIX charges 0.48%/yr vs 0.92%/yr for AMFIX.

Performance

LAPIX vs. AMFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Core Plus Bond Fund (LAPIX) and AAMA Income Fund (AMFIX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with LAPIX at 0.26% and AMFIX at 0.26%.

LAPIX

1D
0.08%
1M
0.75%
YTD
0.26%
6M
0.53%
1Y
4.70%
3Y*
5.07%
5Y*
0.34%
10Y*
2.04%

AMFIX

1D
0.08%
1M
0.17%
YTD
0.26%
6M
0.32%
1Y
2.19%
3Y*
3.29%
5Y*
0.77%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

LAPIX vs. AMFIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
LAPIX
Lord Abbett Core Plus Bond Fund		0.26%7.63%3.12%6.31%-14.72%0.29%7.43%10.10%-0.70%0.78%
AMFIX
AAMA Income Fund		0.26%3.74%3.48%3.84%-6.26%-1.37%2.24%2.47%0.89%-0.44%

Correlation

The correlation between LAPIX and AMFIX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.78

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Aug 30, 2017

0.76

The correlation between LAPIX and AMFIX has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

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Lord Abbett Core Plus Bond Fund

AAMA Income Fund

Often compared with LAPIX:
LAPIX vs. SRBFXLAPIX vs. FSRIXLAPIX vs. AGGLAPIX vs. BNDLAPIX vs. LSBDXLAPIX vs. LAVLXLAPIX vs. SCHD
Often compared with AMFIX:
AMFIX vs. HOBIXAMFIX vs. ARINXAMFIX vs. EINFXAMFIX vs. AAIIXAMFIX vs. BCPIXAMFIX vs. GUGAXAMFIX vs. MCFIX

Return for Risk

LAPIX vs. AMFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LAPIX
LAPIX Risk / Return Rank: 2525
Overall Rank
LAPIX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
LAPIX Sortino Ratio Rank: 2929
Sortino Ratio Rank
LAPIX Omega Ratio Rank: 2626
Omega Ratio Rank
LAPIX Calmar Ratio Rank: 2323
Calmar Ratio Rank
LAPIX Martin Ratio Rank: 2222
Martin Ratio Rank
AMFIX
AMFIX Risk / Return Rank: 6060
Overall Rank
AMFIX Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
AMFIX Sortino Ratio Rank: 6464
Sortino Ratio Rank
AMFIX Omega Ratio Rank: 6666
Omega Ratio Rank
AMFIX Calmar Ratio Rank: 6969
Calmar Ratio Rank
AMFIX Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LAPIX vs. AMFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Core Plus Bond Fund (LAPIX) and AAMA Income Fund (AMFIX). 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.

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.

LAPIXAMFIXDifference
Sharpe ratioReturn per unit of total volatility
1.31
1.97

-0.66

Sortino ratioReturn per unit of downside risk
1.97
2.96

-0.99

Omega ratioGain probability vs. loss probability

1.23

1.40

-0.17

Calmar ratioReturn relative to maximum drawdown

1.57

2.97

-1.40

Martin ratioReturn relative to average drawdown

4.71

9.04

-4.33

LAPIX vs. AMFIX - Sharpe Ratio Comparison

The current LAPIX Sharpe Ratio is 1.31, which is lower than the AMFIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of LAPIX and AMFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

LAPIX vs. AMFIX - Drawdown Comparison

The maximum LAPIX drawdown since its inception was -18.94%, which is greater than AMFIX's maximum drawdown of -9.35%. Use the drawdown chart below to compare losses from any high point for LAPIX and AMFIX.

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Drawdown Indicators

LAPIXAMFIXDifference

Max Drawdown

Largest peak-to-trough decline

-18.94%

-9.35%

-9.59%

Max Drawdown (1Y)

Largest decline over 1 year

-3.21%

-0.74%

-2.47%

Max Drawdown (3Y)

Largest decline over 3 years

-5.41%

-0.88%

-4.53%

Max Drawdown (5Y)

Largest decline over 5 years

-18.94%

-8.91%

-10.03%

Max Drawdown (10Y)

Largest decline over 10 years

-18.94%

—

—

Current Drawdown

Current decline from peak

-1.49%

-0.44%

-1.05%

Average Drawdown

Average peak-to-trough decline

-4.24%

-2.01%

-2.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.07%

0.24%

+0.83%

Volatility

LAPIX vs. AMFIX - Volatility Comparison

Lord Abbett Core Plus Bond Fund (LAPIX) has a higher volatility of 1.04% compared to AAMA Income Fund (AMFIX) at 0.46%. This indicates that LAPIX's price experiences larger fluctuations and is considered to be riskier than AMFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LAPIXAMFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.04%

0.46%

+0.58%

Volatility (6M)

Calculated over the trailing 6-month period

2.89%

0.92%

+1.97%

Volatility (1Y)

Calculated over the trailing 1-year period

3.85%

1.12%

+2.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.52%

2.18%

+3.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.66%

1.74%

+2.92%

LAPIX vs. AMFIX - Expense Ratio Comparison

LAPIX has a 0.48% expense ratio, which is lower than AMFIX's 0.92% expense ratio.

Dividends

LAPIX vs. AMFIX - Dividend Comparison

LAPIX's dividend yield for the trailing twelve months is around 5.20%, more than AMFIX's 2.21% yield.

PositionTTM2025202420232022202120202019201820172016
AMFIX
AAMA Income Fund		2.21%2.08%2.44%1.70%0.83%0.57%0.83%1.24%1.24%0.40%0.00%
LAPIX
Lord Abbett Core Plus Bond Fund		5.20%5.20%5.05%4.32%2.95%2.42%4.45%4.00%4.15%2.57%0.65%

Frequently Asked Questions

LAPIX and AMFIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LAPIX has higher volatility (1.04%) compared to AMFIX (0.46%). In terms of maximum drawdown, LAPIX dropped -18.94% vs AMFIX's -9.35%.

AMFIX currently has the higher Sharpe Ratio (1.97 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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