LOLDX

About LOLDX

Lord Abbett Short Duration Income Fund Class F3 is an actively managed open‑end bond fund focused on generating a high level of current income while emphasizing capital preservation. The portfolio concentrates on short‑duration fixed income, typically holding securities with limited interest rate sensitivity, and invests predominantly in investment‑grade bonds alongside selective allocations to sectors such as high yield corporate, asset‑backed securities, collateralized loan obligations, commercial and agency mortgage‑backed securities, bank loans, and U.S. government–related debt. The strategy maintains a broadly diversified, multi‑sector mix with a short effective duration profile designed to temper volatility relative to core bond markets. Managed by Lord Abbett, the fund’s mandate includes U.S. dollar–denominated corporate bonds from domestic and non‑U.S. issuers and inflation‑linked instruments, providing flexibility to adjust to evolving credit and rate environments. It carries a low expense structure for the share class and distributes income monthly, positioning it as a short‑term bond allocation for investors seeking income with constrained interest rate risk and a measured exposure to credit opportunities across the securitized and corporate credit spectrum.