LDCAX

About LDCAX

Lord Abbett Short Duration Core Bond Fund Class A is an open‑end mutual fund focused on generating current income while emphasizing capital preservation through a diversified portfolio of short‑maturity fixed income securities. The strategy concentrates on investment‑grade bonds across sectors such as U.S. government, agency, corporate credit, securitized assets, and selectively includes lower‑rated high yield exposure to enhance income within a tightly managed risk framework. The portfolio maintains a short interest‑rate profile, with an average effective duration of about two years and an average life near two years, aiming to reduce sensitivity to rate volatility while maintaining liquidity and stability. The fund distributes income monthly and targets a consistent yield profile supported by disciplined credit research and broad security selection across hundreds of holdings. With net expenses listed for this share class and a minimum initial investment typical for retail investors, it serves as a short‑term core bond allocation for investors seeking balance between income generation and limited duration risk within the short‑term bond segment of the market.