Fund Mojo help you discover the best fund managers, funds, and related information
Fund Intelligence | Best Managers | LBNPX Insights | LBNPX Score | LBNPX Performance | LBNPX News | LBNPX Allocation | LBNPX Holdings Change
Fund Intelligence | Best Managers | LBNPX Insights | LBNPX Score | LBNPX Performance | LBNPX News | LBNPX Allocation | LBNPX Holdings Change
Lord Abbett Bond-Debenture P (LBNPX) Fund Ranking and Research
Ranking, Research and Recommendation of Lord Abbett Bond-Debenture P (LBNPX) Fund
-
Last Trade: $ on , Change: (0%)
Fund Manager - Steven F. Rocco
Fund Manager Information
Fund Manager Tenure: 5.2 yearsSimilar Funds: LBNBX LBNDX LBNQX LBNRX LBNYX
Fund Family: Lord Abbett
Fund Category: Multisector Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.69) (What does this score mean?)
Lord Abbett Bond-Debenture P Fund (LBNPX) Profile
Fund Profile and Description
Lord Abbett Bond-Debenture P Fund seeks high current income and a high total return. Lord Abbett Bond-Debenture P Fund invests at least 80% of net assets in bonds, debentures and other fixed-income securities. It invests at least 20% of net assets in any combination of investment-grade debt securities, U.S. government securities and cash equivalents. Lord Abbett Bond-Debenture P Fund may invest up to 20% of net assets in equity securities, including common stocks, preferred stocks, convertible preferred stocks, warrants and similar instruments. It may invest up to 20% of its net assets in foreign securities.
What we like about Lord Abbett Bond-Debenture P (LBNPX) Fund
Data for Lord Abbett Bond-Debenture P Fund (LBNPX) as of May 30, 2016
- Lord Abbett Bond-Debenture P Fund (LBNPX) management has been with Lord Abbett Bond-Debenture P Fund for 5.2 years
- Lord Abbett Bond-Debenture P Fund (LBNPX) has good mid-term performance (3-year return 3.47% vs 1.94% Multisector Bond category median performance)
- Lord Abbett Bond-Debenture P Fund (LBNPX) has good Long-term performance (5-year return 5.07% vs 3.57% Multisector Bond category median performance)
- Lord Abbett Bond-Debenture P Fund (LBNPX) ratio of up-years vs down years is greater than 2
- Lord Abbett Bond-Debenture P Fund (LBNPX) has a Morningstar rating of 4 and above
- Asset base in Lord Abbett Bond-Debenture P Fund (LBNPX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
- Lord Abbett Bond-Debenture P Fund (LBNPX) has a lower expense ratio than its Multisector Bond average: 0.87% vs 1.03%
What we are cautious about Lord Abbett Bond-Debenture P (LBNPX) Fund
Data for Lord Abbett Bond-Debenture P Fund (LBNPX) as of May 30, 2016
- Lord Abbett Bond-Debenture P Fund (LBNPX) has a less-than-ideal short-term performance (1-year return -1.77% vs -0.06% Multisector Bond category median performance)
- Lord Abbett Bond-Debenture P Fund (LBNPX) has an annual stock turnover rate of 118.51% that is higher than the Multisector Bond average of 88.02%. This could mean Lord Abbett Bond-Debenture P is more nimble, but also signal potential high tax impact and high trading fees
- Lord Abbett Bond-Debenture P Fund (LBNPX) is more volatile than its peers as it has a 3-year Standard Deviation of 5.6 that is higher than category average of 4.44
- Even though Lord Abbett Bond-Debenture P Fund carries no load, it does have a 0.45% of 12b1 promotion, distributions, marketing expenses
What do you think?
Compare with other top Multisector Bond category mutual funds
Aadditional top Multisector Bond mutual funds for your consideration
Fund | Year to Date | 1 Year | 3 year | 5 year | |
Lord Abbett Bond-Debenture P | 4.83 | -1.77 | 3.47 | 5.07 | |
PIMCO Income Instl (PIMIX) | 3.69 | 2.74 | 4.49 | 7.80 | Compare |
JHancock Income I (JSTIX) | 2.90 | 2.14 | 2.48 | 3.77 | Compare |
Performance Trust Strategic Bond (PTIAX) | 2.71 | 4.83 | 4.24 | 6.37 | Compare |
See top fund managers for Multisector Bond Category Funds
Lord Abbett Bond-Debenture P (LBNPX) Fund Net Asset
Track net asset change of Lord Abbett Bond-Debenture P fund (LBNPX)
Date | Net Asset |
05/2016 | $8.88B |
03/2016 | $8.61B |
02/2016 | $8.19B |
Lord Abbett Bond-Debenture P (LBNPX) Fund Portfolio Allocation
Track portfolio allocation change of Lord Abbett Bond-Debenture P fund (LBNPX)
Date | Cash | Stock | Bond | Other |
03/2016 | 0.82% | 11.69% | 82.68% | 3.9% |
12/2015 | 0% | 13.77% | 81.98% | 2.55% |
09/2015 | 3.53% | 12.14% | 79.33% | 3.71% |
Top 10 Holdings in Lord Abbett Bond-Debenture P (LBNPX) Fund
Discover what Lord Abbett Bond-Debenture P Fund (LBNPX) manager is buying
General Elec FRN [0.83%] Amazon Com 4.8% [0.73%] Neptune Finco 144A 10.875% [0.61%] Hca 7.5% [0.52%] T Mobile Usa 6.5% [0.52%] Alliance Data Sys 144A 6.375% [0.49%] Frontier Comms 144A 11% [0.49%] Whitewave Foods 5.375% [0.47%] | Amazon Com 4.8% [0.71%] Neptune Finco 144A 10.875% [0.6%] Alliance Data Sys 144A 6.375% [0.57%] T Mobile Usa 6.5% [0.52%] Whitewave Foods 5.375% [0.48%] Frontier Comms 144A 11% [0.41%] Rite Aid 7.7% [0.4%] Chs / Cmnty Health Sys 8% [0.4%] Hca 7.5% [0.4%] | Amazon Com 4.8% [0.77%] Rite Aid 7.7% [0.58%] Alliance Data Sys 144A 6.375% [0.53%] T Mobile Usa 6.5% [0.47%] Motel 6 Tr 2015-Mtl6 CMO 2.60501% [0.46%] Whitewave Foods 5.375% [0.44%] Hca 7.5% [0.4%] Neuberger Berman Grp/Fin 144A 5.875% [0.39%] Chs / Cmnty Health Sys 8% [0.39%] |
Latest News on Lord Abbett Bond-Debenture P (LBNPX) Fund
See what is happening with Lord Abbett Bond-Debenture P Fund (LBNPX)
No recent news |
See more information on Lord Abbett Bond-Debenture P (LBNPX) Fund
Popular pages on Lord Abbett Bond-Debenture P (LBNPX) Fund
- Lord Abbett Bond-Debenture P (LBNPX) Fund Research and Recommendation
- Lord Abbett Bond-Debenture P (LBNPX) Fund Performance Data
- Lord Abbett Bond-Debenture P (LBNPX) Fund Manager Information
- Historic Lord Abbett Bond-Debenture P (LBNPX) Fund Asset Allocation Report
- Historic Lord Abbett Bond-Debenture P (LBNPX) Fund Top 10 Holding Tracking
- Historic Lord Abbett Bond-Debenture P (LBNPX) Fund Asset Under Management Tracking