C000180451 Performance — Lord Abbett Corporate Bond Fund, Class R6
Data updated: 2024-04-26
C000180451 returned +5.87% over one year to Feb 2024. The annualised 3-year return is −2.78%. The fund trailed its Intermediate Corporate Bond category average: $100 invested three years ago grew to $92, against $95 for the category, and to $106 over one year, against $106. Volatility over the past three years was 8.79% a year. In the 12 months to Feb 2024 the fund took in a net $2.0M, and assets reached $9.35M.
C000180451 Growth of $100
What $100 invested in Lord Abbett Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | C000180451 | Category average |
|---|---|---|
| 1 year (Mar 2023 – Feb 2024) | $106 | $106 |
| 3 years (Mar 2021 – Feb 2024) | $92 | $95 |
| Since data start (Sep 2019 – Feb 2024) | $99 | $102 |
C000180451 Trailing Returns
Total returns to Feb 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.87% |
| 3 years (annualised) | −2.78% |
C000180451 Annual Returns
Calendar-year total returns of Lord Abbett Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Feb) | −1.08% |
| 2023 | +8.34% |
| 2022 | −16.23% |
| 2021 | +0.30% |
| 2020 | +9.64% |
| 2019 (Sep–Dec) | +0.69% |
C000180451 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.1% | −1.1% | — | — | — | — | — | — | — | — | — | — |
| 2023 | +4.3% | −2.9% | +2.3% | +0.9% | −1.6% | +0.4% | +0.4% | −0.7% | −2.6% | −1.8% | +5.6% | +4.4% |
| 2022 | −2.8% | −1.9% | −2.9% | −5.1% | +0.1% | −2.6% | +2.8% | −2.8% | −5.1% | −0.9% | +4.5% | −0.5% |
| 2021 | −0.7% | −1.3% | −1.9% | +1.2% | +0.7% | +1.9% | +1.4% | −0.2% | −0.9% | +0.3% | +0.2% | −0.2% |
| 2020 | +2.8% | +1.1% | −9.7% | +5.4% | +1.9% | +2.7% | +3.6% | −1.2% | −0.1% | −0.3% | +3.2% | +0.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | +0.5% | +0.3% | +0.3% |
C000180451 Risk
Risk measures from monthly returns over Mar 2021 – Feb 2024.
- 3-year volatility (annualised): 8.79%
- 3-year Sharpe ratio: -0.83 (vs 4.5% risk-free rate)
- Best month: +5.62% (Nov 2023)
- Worst month: −5.08% (Sep 2022)
C000180451 Fund Flows
Monthly money in and out of Lord Abbett Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $2.0M
- 12-month gross sales (incl. reinvestments): $4.2M
- Sales ÷ redemptions: 1.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2024 | $595K | $508K | $87K |
| Jan 2024 | $266K | $217K | $49K |
| Dec 2023 | $582K | $78K | $505K |
| Nov 2023 | $177K | $39K | $138K |
| Oct 2023 | $186K | $244K | −$59K |
| Sep 2023 | $190K | $54K | $136K |
| Aug 2023 | $153K | $25K | $128K |
| Jul 2023 | $1.1M | $19K | $1.1M |
| Jun 2023 | $382K | $32K | $350K |
| May 2023 | $131K | $15K | $116K |
| Apr 2023 | $233K | $34K | $199K |
| Mar 2023 | $256K | $927K | −$672K |
C000180451 Assets Under Management
Net assets of Lord Abbett Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-02-29 | $9.35M |
| 2023-11-30 | $8.55M |
| 2023-08-31 | $8.36M |
| 2023-05-31 | $6.91M |
| 2023-02-28 | $7.25M |
| 2022-11-30 | $6.71M |
| 2022-08-31 | $6.25M |
| 2022-05-31 | $6.52M |
| 2022-02-28 | $7.94M |
| 2021-11-30 | $11.62M |
| 2021-08-31 | $11.66M |
| 2021-05-31 | $11.48M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.