LDCCX

About LDCCX

Lord Abbett Short Duration Core Bond Fund Class C is an actively managed open-end bond fund focused on preserving capital while delivering a high level of current income through a diversified, short-maturity fixed income portfolio. The strategy invests across investment-grade corporates, U.S. government-related securities, asset-backed and mortgage-backed securities, as well as select securitized credit and limited below‑investment‑grade exposure, aiming to balance credit quality with income generation. The portfolio maintains a short interest-rate profile, with an average effective duration of about two years and an average life near two years, positioning it to mitigate rate sensitivity relative to intermediate bond funds. As of the latest disclosure, the fund manages hundreds of issues and reports metrics such as average yield to maturity and distribution yield to reflect its income orientation. The fund’s role in the market is to serve investors seeking a core, short-duration bond allocation that diversifies equity risk and cash holdings while targeting steadier income streams from high-quality bonds and securitized assets within a tightly managed duration framework.