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Lord Abbett Income B (LAVBX) Fund Ranking and Research
Ranking, Research and Recommendation of Lord Abbett Income B (LAVBX) Fund
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Last Trade: $ on , Change: (0%)
Fund Manager - Andrew A. OBrien
Fund Manager Information
Fund Manager Tenure: 21.9 yearsFund 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
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 |
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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 |
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% |
Top 10 Holdings in Lord Abbett Income B (LAVBX) Fund
Discover what Lord Abbett Income B Fund (LAVBX) manager is buying
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%] | 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%] | 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%] |
Latest News on Lord Abbett Income B (LAVBX) Fund
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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
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