LBNDX vs. PTY
Compare and contrast key facts about Lord Abbett Bond Debenture Fund (LBNDX) and PIMCO Corporate & Income Opportunity Fund (PTY).
LBNDX is managed by Lord Abbett. It was launched on Mar 31, 1971. PTY is managed by FPA. It was launched on Dec 24, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LBNDX or PTY.
Correlation
The correlation between LBNDX and PTY is 0.33, 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.
Performance
LBNDX vs. PTY - Performance Comparison
Key characteristics
LBNDX:
1.87
PTY:
1.90
LBNDX:
2.80
PTY:
2.21
LBNDX:
1.37
PTY:
1.52
LBNDX:
0.83
PTY:
0.83
LBNDX:
8.76
PTY:
6.19
LBNDX:
0.78%
PTY:
2.39%
LBNDX:
3.66%
PTY:
7.82%
LBNDX:
-26.23%
PTY:
-61.19%
LBNDX:
-0.89%
PTY:
-2.60%
Returns By Period
In the year-to-date period, LBNDX achieves a 0.98% return, which is significantly lower than PTY's 4.06% return. Over the past 10 years, LBNDX has underperformed PTY with an annualized return of 3.38%, while PTY has yielded a comparatively higher 9.49% annualized return.
LBNDX
0.98%
-0.00%
2.18%
6.97%
2.20%
3.38%
PTY
4.06%
1.02%
8.13%
13.65%
5.83%
9.49%
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LBNDX vs. PTY - Expense Ratio Comparison
LBNDX has a 0.77% expense ratio, which is lower than PTY's 1.19% expense ratio.
Risk-Adjusted Performance
LBNDX vs. PTY — Risk-Adjusted Performance Rank
LBNDX
PTY
LBNDX vs. PTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and PIMCO Corporate & Income Opportunity Fund (PTY). 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.
Dividends
LBNDX vs. PTY - Dividend Comparison
LBNDX's dividend yield for the trailing twelve months is around 4.87%, less than PTY's 9.71% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 4.87% | 5.87% | 5.12% | 5.06% | 3.81% | 3.71% | 4.01% | 4.78% | 4.24% | 4.64% | 4.72% | 6.95% |
PTY PIMCO Corporate & Income Opportunity Fund | 9.71% | 9.93% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
Drawdowns
LBNDX vs. PTY - Drawdown Comparison
The maximum LBNDX drawdown since its inception was -26.23%, smaller than the maximum PTY drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for LBNDX and PTY. For additional features, visit the drawdowns tool.
Volatility
LBNDX vs. PTY - Volatility Comparison
Lord Abbett Bond Debenture Fund (LBNDX) has a higher volatility of 1.00% compared to PIMCO Corporate & Income Opportunity Fund (PTY) at 0.79%. This indicates that LBNDX's price experiences larger fluctuations and is considered to be riskier than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.