Lord Abbett Income B (LAVBX) Fund Ranking and Research

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

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Fund Manager - Andrew A. OBrien

Fund Manager Information

Fund Manager Tenure: 21.9 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?)

 

Lord 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.

 

 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 21.9 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

 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 with other top Corporate Bond category mutual funds

Aadditional top Corporate Bond mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Lord Abbett Income B	4.95	-0.25	1.99	3.70
Morgan Stanley Inst Corporate Bond A (MIGAX)	10.68	7.41	5.14	5.83	Compare
Western Asset Corporate Bond I (SIGYX)	5.28	2.91	4.65	5.54	Compare
Vanguard Long-Term Investment-Grade Adm (VWETX)	8.89	8.30	6.59	8.09	Compare

See top fund managers for Corporate Bond Category Funds

 

Compare with Corporate Bond category ETFs

Some Corporate Bond ETFs for your consideration

ETF	Year to Date	One Year	Three 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

 

Lord Abbett Income B (LAVBX) Fund Net Asset

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

Date	Net 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)

  

Lord Abbett Income B (LAVBX) Fund Portfolio Allocation

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

Date	Cash	Stock	Bond	Other
03/2016	0.46%	0%	97.16%	1.26%
12/2015	0.4%	0%	96.8%	1.42%
09/2015	1.19%	0%	95.65%	1.78%

Click here to see more historic asset allocation information on Lord Abbett Income B Fund (LAVBX)

 

Top 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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Popular pages on Lord Abbett Income B (LAVBX) Fund

• Lord Abbett Income B (LAVBX) Fund Research and Recommendation
• Lord Abbett Income B (LAVBX) Fund Performance Data
• Lord Abbett Income B (LAVBX) Fund Manager Information
• Historic Lord Abbett Income B (LAVBX) Fund Asset Allocation Report
• Historic Lord Abbett Income B (LAVBX) Fund Top 10 Holding Tracking
• Historic Lord Abbett Income B (LAVBX) Fund Asset Under Management Tracking