LSCUX

About LSCUX

Lord Abbett Short Duration Core Bond Fund Class R5 is an actively managed open‑end mutual fund focused on high‑quality, short‑maturity fixed income. Its primary objective is to provide a high level of current income while emphasizing preservation of capital through a diversified portfolio anchored in investment‑grade debt and short duration positioning. The strategy invests at least 80% of assets in short‑duration bonds and related instruments, with broad exposure across sectors such as investment‑grade corporates, U.S. government‑related securities, asset‑backed securities, mortgage‑ and commercial mortgage‑backed securities, and selectively collateralized loan obligations. The fund maintains a typically low interest‑rate sensitivity, reflected in an average effective duration of roughly two years, aiming to dampen volatility and limit drawdowns during rate moves. It distributes income monthly and is positioned within the short‑term bond category, offering a balance of income generation and liquidity with a relatively high number of holdings for diversification. Lord Abbett’s fixed income platform underpins the fund’s sector rotation, security selection, and risk management across the short end of the curve.