| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
5
5
1
4
1
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
#24 in Multisector Bond
U.S. News evaluated 79 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 11.77 percent over the past year, 9.55 percent over the past three years, 8.38 percent over the past five years, and 7.90 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 4.8% |
| 1 Year | 11.8% |
| 3 Years (Annualized) | 9.6% |
| 5 Years (Annualized) | 8.4% |
| 10 Years (Annualized) | 7.9% |
Summary
The investment seeks high current income and the opportunity for capital appreciation to produce a high total return. The fund invests at least 80% of its net assets in bonds, debentures and other fixed income securities. It may invest a substantial portion of its net assets in high-yield securities. Under normal market conditions, the fund will have an average effective portfolio maturity of five to twelve years. It may invest in derivative instruments, including options, futures contracts, forward contracts, and swap agreements.
Fees
Fees are Below Average compared to funds in the same category.
Lord Abbett Bond Debenture Fund has an expense ratio of 0.96 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
