Lord Abbett Short Duration Income Fund - Class I CHF (Hedged)/  IE00BVFM4H20  /

Fonds
NAV9/11/2024 Chg.-0.0100 Type of yield Investment Focus Investment company
9.6000CHF -0.10% reinvestment Bonds Worldwide Lord Abbett (IE) 

Investment strategy

The Fund's investment objective is to seek a high level of income consistent with preservation of capital. The Fund primarily invests in short term debt securities. At least 65% of its assets are held in investment grade debt securities, including corporate debt of U.S. issuers and U.S. Dollar denominated securities of non-U.S. issuers, mortgage-backed, other asset backed securities, securities issued or guaranteed by the U. S. government (including its agencies and government-sponsored enterprises) and inflation-linked investments. The Fund invests substantially in residential and commercial mortgage-backed and mortgage-related securities. In addition, the Fund's investments in high yield ("High Yield") securities (which are below investment grade and also referred to as "junk bonds") and lower rated commercial mortgage-backed securities comprise a significant portion of the Fund's portfolio. The Fund may invest up to 35% of its assets in any one or a combination of the following: High Yield securities, non-U.S. (including emerging market) debt securities that are denominated in non-U.S. currencies, convertible securities, and collateralised debt obligations. The Fund expects to maintain its average duration range between one and three years in order to seek to manage interest rate risk in the portfolio. The Fund may invest up to 10% of its assets in third party floating or adjustable rate senior loans. Total assets in any one industry, other than mortgage related securities or those issued by the U.S. government, its agencies or instrumentalities, will not exceed 25% of assets.
 

Investment goal

The Fund's investment objective is to seek a high level of income consistent with preservation of capital. The Fund primarily invests in short term debt securities. At least 65% of its assets are held in investment grade debt securities, including corporate debt of U.S. issuers and U.S. Dollar denominated securities of non-U.S. issuers, mortgage-backed, other asset backed securities, securities issued or guaranteed by the U. S. government (including its agencies and government-sponsored enterprises) and inflation-linked investments. The Fund invests substantially in residential and commercial mortgage-backed and mortgage-related securities. In addition, the Fund's investments in high yield ("High Yield") securities (which are below investment grade and also referred to as "junk bonds") and lower rated commercial mortgage-backed securities comprise a significant portion of the Fund's portfolio.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: ICE BofA 1-3 Year U.S. Corporate Index EUR
Business year start: 2/1
Last Distribution: -
Depository bank: Brown Brothers Harriman Trustee Serv.
Fund domicile: Ireland
Distribution permission: Austria, Germany, Switzerland, Czech Republic
Fund manager: Andrew O'Brien, Kewjin Yuoh, Steven Rocco, Robert Lee, Adam Castle, Harris Trifon, Yoana Koleva
Fund volume: 5.51 bill.  USD
Launch date: 4/1/2015
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.45%
Minimum investment: 1,000,000.00 CHF
Deposit fees: 0.03%
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Lord Abbett (IE)
Address: 90 Hudson Street, 07302, Jersey City
Country: United States of America
Internet: www.lordabbett.com
 

Assets

Bonds
 
99.60%
Cash
 
0.40%

Countries

Global
 
99.60%
Cash
 
0.40%