LBNDX vs. MS

Last updated Apr 1, 2026

Compare and contrast key facts about Lord Abbett Bond Debenture Fund (LBNDX) and Morgan Stanley (MS).

LBNDX is managed by Lord Abbett. It was launched on Mar 31, 1971.

Performance

LBNDX vs. MS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Bond Debenture Fund (LBNDX) and Morgan Stanley (MS). The values are adjusted to include any dividend payments, if applicable.

LBNDX vs. MS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBNDX Lord Abbett Bond Debenture Fund	-1.89%	8.42%	6.29%	6.38%	-13.67%	3.25%	7.65%	13.40%	-3.76%	9.23%
MS Morgan Stanley	-6.79%	45.16%	39.73%	13.93%	-10.34%	46.65%	38.09%	32.67%	-22.76%	26.61%

Returns By Period

In the year-to-date period, LBNDX achieves a -1.89% return, which is significantly higher than MS's -6.79% return. Over the past 10 years, LBNDX has underperformed MS with an annualized return of 4.27%, while MS has yielded a comparatively higher 23.94% annualized return.

LBNDX

• 1D: 0.28%
• 1M: -3.81%
• YTD: -1.89%
• 6M: -0.44%
• 1Y: 5.50%
• 3Y*: 5.72%
• 5Y*: 1.23%
• 10Y*: 4.27%

MS

• 1D: 3.91%
• 1M: -1.17%
• YTD: -6.79%
• 6M: 4.73%
• 1Y: 44.84%
• 3Y*: 27.43%
• 5Y*: 19.81%
• 10Y*: 23.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LBNDX vs. MS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LBNDX

LBNDX Risk / Return Rank: 69
LBNDX Sharpe Ratio Rank: 76
LBNDX Sortino Ratio Rank: 75
LBNDX Omega Ratio Rank: 72
LBNDX Calmar Ratio Rank: 63
LBNDX Martin Ratio Rank: 57

MS

MS Risk / Return Rank: 83
MS Sharpe Ratio Rank: 84
MS Sortino Ratio Rank: 79
MS Omega Ratio Rank: 82
MS Calmar Ratio Rank: 82
MS Martin Ratio Rank: 85

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.

LBNDX vs. MS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and Morgan Stanley (MS). 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.

	LBNDX	MS	Difference
Sharpe ratio Return per unit of total volatility	1.35	1.48	-0.13
Sortino ratio Return per unit of downside risk	1.86	1.97	-0.11
Omega ratio Gain probability vs. loss probability	1.27	1.29	-0.02
Calmar ratio Return relative to maximum drawdown	1.44	2.47	-1.03
Martin ratio Return relative to average drawdown	5.44	7.75	-2.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBNDX vs. MS - Sharpe Ratio Comparison

The current LBNDX Sharpe Ratio is 1.35, which is comparable to the MS Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of LBNDX and MS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LBNDX	MS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	1.48	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.70	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.76	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.27	+0.81

Correlation

The correlation between LBNDX and MS is 0.39, 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

LBNDX vs. MS - Dividend Comparison

LBNDX's dividend yield for the trailing twelve months is around 5.60%, more than MS's 2.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBNDX Lord Abbett Bond Debenture Fund	5.60%	5.92%	5.38%	4.66%	3.67%	3.71%	3.72%	4.02%	6.43%	4.82%	4.58%	5.50%
MS Morgan Stanley	2.39%	2.17%	2.82%	3.49%	3.47%	2.14%	2.04%	2.54%	2.77%	1.72%	1.66%	1.73%

Drawdowns

LBNDX vs. MS - Drawdown Comparison

The maximum LBNDX drawdown since its inception was -26.67%, smaller than the maximum MS drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for LBNDX and MS.

Drawdown Indicators

	LBNDX	MS	Difference
Max Drawdown Largest peak-to-trough decline	-26.67%	-88.12%	+61.45%
Max Drawdown (1Y) Largest decline over 1 year	-4.08%	-18.83%	+14.75%
Max Drawdown (5Y) Largest decline over 5 years	-17.33%	-32.38%	+15.05%
Max Drawdown (10Y) Largest decline over 10 years	-19.77%	-51.33%	+31.56%
Current Drawdown Current decline from peak	-3.81%	-13.47%	+9.66%
Average Drawdown Average peak-to-trough decline	-3.53%	-33.88%	+30.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	6.00%	-4.92%

Volatility

LBNDX vs. MS - Volatility Comparison

The current volatility for Lord Abbett Bond Debenture Fund (LBNDX) is 1.77%, while Morgan Stanley (MS) has a volatility of 8.31%. This indicates that LBNDX experiences smaller price fluctuations and is considered to be less risky than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBNDX	MS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.77%	8.31%	-6.54%
Volatility (6M) Calculated over the trailing 6-month period	2.82%	20.70%	-17.88%
Volatility (1Y) Calculated over the trailing 1-year period	4.40%	30.56%	-26.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.63%	28.58%	-23.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.02%	31.51%	-26.49%