LUBAX : Lord Abbett Ultra Short Bond Fund Class A

LUBAX is a Alternative Market Short with HIGH fees.

LUBAX

Lord Abbett Ultra Short Bond Fund Class A

FI Score

63 /100

Expense Ratio Rating

5 /10

Expense Rating

6 /10

Market Score

10 /10

Category Score

0 /10

Market Size

10 /10

63% FI Score
  • lubax
  • Mutual Fund
  • Alternative
  • Short

Lord Abbett Ultra Short Bond Fund Class A

Expenses: 0.41% (Better than 0% of similar funds)

This is an OK choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks current income consistent with the preservation of capital. Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities of various types. It may invest up to 15% of its net assets in securities rated BBB/Baa by an independent rating agency or determined by the advisor to be of comparable quality. Normally, the fund seeks to invest in fixed-rate debt securities with a maximum weighted average maturity of 2.25 years.

Largest Holdings

Amount Holding
1.35% Morgan Stanley 3%
1.20% Wells Fargo & Company 2.83%
1.15% Goldman Sachs Group, Inc. 2.56%
1.04% Morgan Stanley 2.73%
0.79% Goldman Sachs Group, Inc. 2.9%
0.78% World Finl Network Credit Card Tst 2.31%
0.77% PNC Bank, National Association 2.25%
0.76% Wells Fargo Bank, National Association 2.55%
0.70% JPMorgan Chase & Co. 2.51%
0.69% Morgan Stanley 0.72%
0.57% Florida Power & Light Company 2.31%
0.56% Citibank, N.A. 2.5%
0.55% Daimler Finance North America LLC 2.41%
0.54% AbbVie Inc. 2.15%
0.53% HSBC Holdings plc 2.5%
0.52% Capital One Prime Auto 2019-2 2.06%
0.52% The Toronto-Dominion Bank 2.17%
0.52% Macquarie Bank Limited 2.36%
0.52% U.S. Bank National Association 2.29%
0.51% Royal Bank of Canada 1.49%
0.51% PNC Bank, National Association 0%
0.50% Wells Fargo Bank, National Association 2.54%
0.47% Constellation Brands, Inc. 2.61%
0.47% Goldman Sachs Group, Inc. 2.66%
0.46% L3 Harris Technologies Inc 1.59%

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