Lord Abbett Bond-Debenture A 90 Hudson Street Jersey City NJ 07302 Map
Phone: 800-201-6984
| Category: | Multisector Bond | | Fund Family: | Lord Abbett | | Net Assets: | 4.21B | | Year-to-Date Return: | -2.80% | | Yield: | 7.02% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Apr-71 |
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Christopher J. Towle
Lead Manager since
30-Dec-93 | | | Towle, Partner and Director of High Yield & Convertible Management, is a portfolio manager with Lord Abbett and Company, his employer since 1987. Previously, he worked as a fixed-income analyst and portfolio manager with American International Group for a year. He also spent two years as an analyst and portfolio manager with SBT Company. Towle holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high current income and a high total return. The 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. The 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. |
| Last Dividend
(6-Aug-08):
| 0.04 | | Last Cap Gain
(22-Jan-86):
| 0.14 | | Annual Holdings Turnover
| 40.00% | | Average for Category:
| 167.15% |
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| Expense | LBNDX | Category Avg | | Total Expense Ratio: | 0.99%
| 1.21% | | Max 12b1 Fee: | 0.35%
| N/A | | Max Front End Sales Load: | 4.75%
| 4.20% | | Max Deferred Sales Load: | 0.00%
| 2.51% | | 3 Yr Expense Projection*: |
$775 | $583 | | 5 Yr Expense Projection*: |
$996 | $893 | | 10 Yr Expense Projection*: |
$1,630 | $1,760 |
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