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Lord Abbett Income B (LAVBX) Fund Ranking and Research

Ranking, Research and Recommendation of Lord Abbett Income B (LAVBX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Lord Abbett Income B Fund (LAVBX) ManagerFund Manager - Andrew A. OBrien

Fund Manager Information

Fund Manager Tenure: 21.6 years
Fund Family: Lord Abbett
Fund Category: Corporate Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.4)     (What does this score mean?)

 

Graph of Lord Abbett Income B Fund (LAVBX) ProfileLord Abbett Income B Fund (LAVBX) Profile

Fund Profile and Description

Lord Abbett Income B Funds seek a high level of income consistent with preservation of capital. Lord Abbett Income B Fund invests at least 65% of net assets in investment grade debt securities of various types, which may include investment grade corporate debt securities (including those issued by non-U.S. entities but denominated in U.S. dollars), U.S. government securities and mortgage- and other asset-backed securities. It may invest up to 35% of net assets in lower-rated debt securities, non-U.S. debt securities denominated in foreign currencies, floating or adjustable rate senior loans, convertible securities and preferred stocks.

 

Lord Abbett Income B (LAVBX) Fund Strength What we like about Lord Abbett Income B (LAVBX) Fund

Data for Lord Abbett Income B Fund (LAVBX) as of May 30, 2016

  • Lord Abbett Income B Fund (LAVBX) management has been with Lord Abbett Income B Fund for 21.6 years
  • Lord Abbett Income B Fund (LAVBX) ratio of up-years vs down years is greater than 2
  • Asset base in Lord Abbett Income B Fund (LAVBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support

Lord Abbett Income B Fund (LAVBX) Weakness What we are cautious about Lord Abbett Income B (LAVBX) Fund

Data for Lord Abbett Income B Fund (LAVBX) as of May 30, 2016

  • Lord Abbett Income B Fund (LAVBX) has a less-than-ideal short-term performance (1-year return -0.25% vs 2.33% Corporate Bond category median performance)
  • Lord Abbett Income B Fund (LAVBX) has a less-than-ideal mid-term performance (3-year return 1.99% vs 3.05% Corporate Bond category median performance)
  • Lord Abbett Income B Fund (LAVBX) has a less-than-ideal Long-term performance (5-year return 3.70% vs 4.51% Corporate Bond category median performance)
  • Lord Abbett Income B Fund (LAVBX) has a Morningstar rating of 3 and below
  • Lord Abbett Income B Fund (LAVBX) is less safe compared to its Corporate Bond peers
  • Lord Abbett Income B Fund (LAVBX) has an annual stock turnover rate of 163.22% that is higher than the Corporate Bond average of 62.08%. This could mean Lord Abbett Income B is more nimble, but also signal potential high tax impact and high trading fees
  • Lord Abbett Income B Fund (LAVBX) does not have a good risk adjusted return as its 3-year Alpha of -1.1 is worse than category average of -0.38, and its 3-year Sharpe ratio is 0.43
  • Lord Abbett Income B Fund (LAVBX) is more volatile than its peers as it has a 3-year Standard Deviation of 4.66 that is higher than category average of 4.51
  • Lord Abbett Income B Fund (LAVBX) has a higher expense ratio of 1.58% than its Corporate Bond average of 0.87%
  • Lord Abbett Income B Fund (LAVBX) carries a 5% load
See Lord Abbett Income B Fund (LAVBX) performance details as of May 30, 2016

 

What do you think?

 

Compare Lord Abbett Income B Fund (LAVBX)Compare with other top Corporate Bond category mutual funds

Aadditional top Corporate Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Lord Abbett Income B4.95-0.251.993.70
Morgan Stanley Inst Corporate Bond A (MIGAX)10.687.415.145.83Compare
Western Asset Corporate Bond I (SIGYX)5.282.914.655.54Compare
Vanguard Long-Term Investment-Grade Adm (VWETX)8.898.306.598.09Compare

See top fund managers for Corporate Bond Category Funds

 

Compare Lord Abbett Income B Fund (LAVBX)Compare with Corporate Bond category ETFs

Some Corporate Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Long-Term Corporate Bond ETF (VCLT)9.19%6.65%5.84%
iShares 10+ Year Credit Bond (CLY)9.16%5.38%5.02%
PIMCO Investment Grade Corporate Bd ETF (CORP)6.10%4.37%4.08%
Vanguard Intermediate-Term Corp Bd ETF (VCIT)5.00%4.25%4.10%
FlexShares Credit-Scored US Corp Bd ETF (SKOR)3.56%3.30%NaN

 

Graph of Lord Abbett Income B Fund (LAVBX) Net Asset TrackingLord Abbett Income B (LAVBX) Fund Net Asset

Track net asset change of Lord Abbett Income B fund (LAVBX)

DateNet Asset
05/2016$1.81B
03/2016$1.79B
02/2016$1.75B
More historic net asset information on Lord Abbett Income B Fund (LAVBX)

  

Graph of Lord Abbett Income B Fund (LAVBX) Portfolio TrackingLord Abbett Income B (LAVBX) Fund Portfolio Allocation

Track portfolio allocation change of Lord Abbett Income B fund (LAVBX)

DateCashStockBondOther
03/20160.46%0%97.16%1.26%
12/20150.4%0%96.8%1.42%
09/20151.19%0%95.65%1.78%
Click here to see more historic asset allocation information on Lord Abbett Income B Fund (LAVBX)

 

graph of Lord Abbett Income B Fund (LAVBX) Top 10 Position TrackingTop 10 Holdings in Lord Abbett Income B (LAVBX) Fund

Discover what Lord Abbett Income B Fund (LAVBX) manager is buying

Mar 30, 2016
Gte 6.94% [2.62%]
US Treasury Note 1.25% [2.46%]
FNMA [1.62%]
At&T 6.3% [1.36%]
Amgen 6.4% [1.1%]
Verizon Global Fdg 5.85% [1.03%]
US Treasury Note 1.75% [0.94%]
21st Centy Fox Amer 0.03% [0.91%]
At&T 6.5% [0.9%]

Dec 30, 2015
Gte 6.94% [2.47%]
US Treasury Note 1.625% [2.23%]
FHLMC 3.5% [1.84%]
FNMA [1.52%]
At&T 6.3% [1.44%]
US Treasury Note 1.375% [1.03%]
Amgen 6.4% [1%]
Amazon Com 4.8% [0.86%]
Prudential Finl FRN [0.86%]

Sep 29, 2015
Gte 6.94% [2.32%]
Fed Natl Mort Assc 3.5% [1.53%]
At&T 6.3% [1.48%]
US Treasury Note 1.375% [1.15%]
Amgen 6.4% [0.9%]
Prudential Finl FRN [0.87%]
Amazon Com 4.8% [0.85%]
21st Centy Fox Amer 0.03% [0.84%]
El Paso Engy Corp Mtn Be 7.75% [0.83%]
Click here for Stock Holding Change Map in Lord Abbett Income B Fund (LAVBX)

  

Latest News on Lord Abbett Income B (LAVBX) Fund

See what is happening with Lord Abbett Income B Fund (LAVBX)

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Lord Abbett Income B Fund (LAVBX) Related ResourcesSee more information on Lord Abbett Income B (LAVBX) Fund

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