LBNVX Fees and Costs — Lord Abbett Bond Debenture Fund INC, Class R6
Data updated: 2026-08-28
The net expense ratio is 0.67%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5.5M in broker commissions, 0.0254% of average net assets, and portfolio turnover was 310%.
LBNVX Fees and Expenses
Annual operating expenses and sales charges of LBNVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LBNVX Costs Over Time
On $10,000 invested in LBNVX, assuming 5% a year before costs, total costs come to $438 over 5 years, cutting the return by 0.73% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $240 | $438 |
| Value after costs | $10,427 | $11,336 | $12,325 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
LBNVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0254%
- Total broker commissions: $5.5M
- Bought from dealers (principal trades, not a cost): $210.8B
- Portfolio turnover (prospectus): 310%
- Securities on loan, average value: $284.4M
- Net income from securities lending: $3.1M (0.014% of average net assets)
LBNVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $698K | 15.85% |
| BofA Securities, Inc. | $653K | 14.83% |
| UBS Securities LLC | $624K | 14.17% |
| Morgan Stanley & Co. LLC | $586K | 13.31% |
| Goldman Sachs & Co. LLC | $402K | 9.13% |
| Jefferies LLC | $364K | 8.27% |
| Barclays Capital Inc. | $314K | 7.14% |
| Citigroup Global Markets Inc. | $285K | 6.49% |
| BNP Paribas Securities Corp. | $267K | 6.06% |
| Berenberg Capital Markets LLC | $209K | 4.74% |
LBNVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $35.0B | 17.83% |
| Citigroup Global Markets Inc. | $24.4B | 12.42% |
| J.P. Morgan Securities LLC | $23.2B | 11.84% |
| State Street Bank and Trust Company | $22.8B | 11.61% |
| Mizuho Securities USA LLC | $21.5B | 10.96% |
| Goldman Sachs & Co. LLC | $20.9B | 10.65% |
| Morgan Stanley & Co. LLC | $16.6B | 8.47% |
| BNP Paribas Securities Corp. | $14.2B | 7.22% |
| BofA Securities, Inc. | $12.3B | 6.24% |
| RBC Capital Markets, LLC | $5.4B | 2.76% |
Lord Abbett Bond Debenture Fund INC Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LBNOX | Class F3 | 0.67% | none |
| LBNVX | Class R6 | 0.67% | none |
| LBNTX | Class R5 | 0.76% | none |
| LBNYX | Class I | 0.76% | none |
| LBDFX | Class F | 0.86% | none |
| LBNDX | Class A | 0.96% | 2.25% |
| LBNSX | Class R4 | 1.01% | none |
| LBNPX | Class P | 1.21% | none |
| LBNRX | Class R3 | 1.26% | none |
| LBNQX | Class R2 | 1.36% | none |
| BDLAX | Class C | 1.59% | none |
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.