Lord Abbett Short Duration Core Bond Fund (LDCVX)
Lord Abbett Short Duration Core Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Jersey City, NJ, US. The stock last traded at $9.12, up 0.00% on the session, giving a market capitalisation of $636.6M. Its beta of 0.24 implies it has historically moved less than the broad market.
The fund typically commits at least 80% of its total assets, including any capital acquired through borrowing for investment purposes, to a diverse array of short-term fixed income instruments. This allocation encompasses both direct debt securities and derivative contracts structured to replicate the economic performance of such holdings. Furthermore, a substantial majority of the portfolio's assets are channeled into debt securities that are classified as investment-grade when initially acquired, or are otherwise judged by Lord Abbett to possess equivalent credit quality.
Lord Abbett Short Duration Core Bond Fund is most often compared with the following Financial Services names: