LSCSX

About LSCSX

Lord Abbett Short Duration Core Bond Fund Class R4 is an actively managed open‑end mutual fund focused on high‑quality, short‑maturity fixed income. Its primary objective is to provide current income with limited interest‑rate sensitivity by concentrating holdings in investment‑grade sectors and maintaining a short average duration, recently around two years, which helps moderate price volatility as rates change. The portfolio spans investment‑grade corporates, U.S. government‑related securities, asset‑backed and mortgage‑related bonds, and selective structured credit such as CLOs, with allocations diversified across maturities under five years. Designed as a retirement‑plan share class, it offers institutional servicing features typical of R‑share structures. In the market ecosystem, the fund serves as a core short‑term bond allocation, aiming to bridge the gap between cash equivalents and intermediate core bond strategies by seeking a balance of income generation and capital preservation through broad sector exposure, rigorous credit analysis, and active duration management.