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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%)

 

Graph of Lord Abbett Bond-Debenture P Fund (LBNPX) ManagerFund Manager - Steven F. Rocco

Fund Manager Information

Fund Manager Tenure: 5.2 years
Similar 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?)

 

Graph of Lord Abbett Bond-Debenture P Fund (LBNPX) ProfileLord 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.

 

Lord Abbett Bond-Debenture P (LBNPX) Fund Strength 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%

Lord Abbett Bond-Debenture P Fund (LBNPX) Weakness 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
See Lord Abbett Bond-Debenture P Fund (LBNPX) performance details as of May 30, 2016

 

What do you think?

 

Compare Lord Abbett Bond-Debenture P Fund (LBNPX)Compare with other top Multisector Bond category mutual funds

Aadditional top Multisector Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Lord Abbett Bond-Debenture P4.83-1.773.475.07
PIMCO Income Instl (PIMIX)3.692.744.497.80Compare
JHancock Income I (JSTIX)2.902.142.483.77Compare
Performance Trust Strategic Bond (PTIAX)2.714.834.246.37Compare

See top fund managers for Multisector Bond Category Funds

 

Graph of Lord Abbett Bond-Debenture P Fund (LBNPX) Net Asset TrackingLord Abbett Bond-Debenture P (LBNPX) Fund Net Asset

Track net asset change of Lord Abbett Bond-Debenture P fund (LBNPX)

DateNet Asset
05/2016$8.88B
03/2016$8.61B
02/2016$8.19B
More historic net asset information on Lord Abbett Bond-Debenture P Fund (LBNPX)

  

Graph of Lord Abbett Bond-Debenture P Fund (LBNPX) Portfolio TrackingLord Abbett Bond-Debenture P (LBNPX) Fund Portfolio Allocation

Track portfolio allocation change of Lord Abbett Bond-Debenture P fund (LBNPX)

DateCashStockBondOther
03/20160.82%11.69%82.68%3.9%
12/20150%13.77%81.98%2.55%
09/20153.53%12.14%79.33%3.71%
Click here to see more historic asset allocation information on Lord Abbett Bond-Debenture P Fund (LBNPX)

 

graph of Lord Abbett Bond-Debenture P Fund (LBNPX) Top 10 Position TrackingTop 10 Holdings in Lord Abbett Bond-Debenture P (LBNPX) Fund

Discover what Lord Abbett Bond-Debenture P Fund (LBNPX) manager is buying

Mar 30, 2016
FNMA [0.92%]
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%]

Dec 30, 2015
General Elec FRN [0.89%]
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%]

Sep 29, 2015
General Elec Cap FRN [0.78%]
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%]
Click here for Stock Holding Change Map in Lord Abbett Bond-Debenture P Fund (LBNPX)

  

Latest News on Lord Abbett Bond-Debenture P (LBNPX) Fund

See what is happening with Lord Abbett Bond-Debenture P Fund (LBNPX)

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Lord Abbett Bond-Debenture P Fund (LBNPX) Related ResourcesSee more information on Lord Abbett Bond-Debenture P (LBNPX) Fund

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