LBNDX vs. LALDX
Compare and contrast key facts about Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Short Duration Income Fund (LALDX).
LBNDX is managed by Lord Abbett. It was launched on Mar 31, 1971. LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LBNDX or LALDX.
Correlation
The correlation between LBNDX and LALDX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
LBNDX vs. LALDX - Performance Comparison
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Key characteristics
LBNDX:
1.04
LALDX:
2.15
LBNDX:
1.47
LALDX:
3.80
LBNDX:
1.21
LALDX:
1.69
LBNDX:
0.65
LALDX:
5.33
LBNDX:
3.56
LALDX:
18.14
LBNDX:
1.25%
LALDX:
0.30%
LBNDX:
4.24%
LALDX:
2.54%
LBNDX:
-26.23%
LALDX:
-10.22%
LBNDX:
-2.27%
LALDX:
-0.26%
Returns By Period
In the year-to-date period, LBNDX achieves a -0.30% return, which is significantly lower than LALDX's 1.25% return. Over the past 10 years, LBNDX has outperformed LALDX with an annualized return of 3.20%, while LALDX has yielded a comparatively lower 2.39% annualized return.
LBNDX
-0.30%
1.89%
-0.84%
4.43%
3.72%
3.20%
LALDX
1.25%
0.52%
2.10%
5.49%
2.88%
2.39%
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LBNDX vs. LALDX - Expense Ratio Comparison
LBNDX has a 0.77% expense ratio, which is higher than LALDX's 0.58% expense ratio.
Risk-Adjusted Performance
LBNDX vs. LALDX — Risk-Adjusted Performance Rank
LBNDX
LALDX
LBNDX vs. LALDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Short Duration Income Fund (LALDX). 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.
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Dividends
LBNDX vs. LALDX - Dividend Comparison
LBNDX's dividend yield for the trailing twelve months is around 5.59%, more than LALDX's 4.56% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 5.59% | 5.87% | 5.12% | 5.06% | 3.81% | 3.71% | 4.01% | 4.78% | 4.24% | 4.64% | 4.72% | 6.95% |
LALDX Lord Abbett Short Duration Income Fund | 4.56% | 4.95% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% |
Drawdowns
LBNDX vs. LALDX - Drawdown Comparison
The maximum LBNDX drawdown since its inception was -26.23%, which is greater than LALDX's maximum drawdown of -10.22%. Use the drawdown chart below to compare losses from any high point for LBNDX and LALDX. For additional features, visit the drawdowns tool.
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Volatility
LBNDX vs. LALDX - Volatility Comparison
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