LUBAX | Ultra Short Bond Fund Class A | Lord Abbett
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    Ultra Short Bond Fund

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    Daily price w/o sales charge as of 04/28/2025

    $10.02

    $0.00

    YTD Returns w/o sales charge as of 04/28/2025

    1.43%

    Click here to view all legal text including risk information

    Summary

    Summary

    What is the Ultra Short Bond Fund ?

    The Fund seeks to deliver current income consistent with the preservation of capital by investing in a broad range of investment grade ultra-short fixed income and money market securities with a weighted average duration of less than one year.

    Yield

    Average Yield to Maturity as of 03/31/2025

    		4.77%

    7-day Yield as of 04/28/2025  

    		4.62%

    30-Day Standardized Yield 1 as of 03/31/2025  

    		4.34%

    In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

    Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

    7-day yield is an annualized estimate of the income or return generated by an investment.

    Fund Basicsas of 03/31/2025

    Total Net Assets
    $12.80 B
    Inception Date
    10/17/2016
    Dividend Frequency
    Monthly
    Fund Gross Expense Ratio
    0.43%
    Fund Net Expense Ratio
    0.43%
    Number of Holdings
    535
    Minimum Initial Investment
    $1,500+

    Fund Expense Ratio :

    0.43%

    YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
    YTD
    1-YR
    3-YR
    5-YR
    10-YR
    Since Inception 10/17/2016
    w/o sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%
    Lipper Category Avg. Ultra-Short Obligations Funds 1.20% 5.52% 4.51% 3.23% -10000.0% -10000.0%
    ICE BofA U.S. Treasury Bill Index 1.04% 5.06% 4.26% 2.56% -10000.0% 2.19%
    w/ sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%

    Fund Expense Ratio :

    0.43%

    Fund Expense Ratio :

    0.43%

    YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
    YTD
    1-YR
    3-YR
    5-YR
    10-YR
    Since Inception 10/17/2016
    w/o sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%
    Lipper Category Avg. Ultra-Short Obligations Funds 1.20% 5.52% 4.51% 3.23% -10000.0% -10000.0%
    ICE BofA U.S. Treasury Bill Index 1.04% 5.06% 4.26% 2.56% -10000.0% 2.19%
    w/ sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%

    Fund Expense Ratio :

    0.43%

    Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

    Type Assets
    Corp Fixed Rate
    ABS
    Corp Floating
    Commercial Paper
    CLO
    CMBS
    Bank Loans
    U.S. Government Related
    Sovereign
    MBS
    Cash

    The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

    Maturity Assets
    Less than 1 year
    1-2.99 years
    3-4.99 years

    Credit Quality Distribution as of 03/31/2025 View Portfolio

    Rating Assets
    A-2/P-2
    A-3/P-3
    U.S. Treasury
    AAA
    AA
    A
    BBB
    Not Rated

    Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

    INVESTMENT TEAM

    Yoana N. Koleva
    Yoana N. Koleva, CFA

    Partner, Portfolio Manager

    22 Years of Industry Experience

    Andrew H. O'Brien
    Andrew H. O'Brien, CFA

    Partner, Portfolio Manager

    27 Years of Industry Experience

    Kewjin Yuoh
    Kewjin Yuoh

    Partner, Portfolio Manager

    31 Years of Industry Experience

    Adam C. Castle
    Adam C. Castle, CFA

    Partner, Portfolio Manager

    17 Years of Industry Experience

    Supported By 86 Investment Professionals with 18 Years Avg. Industry Experience

    Your Representative

    To contact your representative, enter your zip code and select your channel below.

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    Performance

    Performance

    Average Yield to Maturity as of 03/31/2025

    4.77%

    7-day Yield as of 04/28/2025  

    4.62%

    30-Day Standardized Yield 1 as of 03/31/2025  

      Subsidized2 Un-Subsidized3
    w/o sales charge 4.34% 4.34%

    In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

    NAV HISTORICAL PRICES

    Date Net Asset Value

    Fund Expense Ratio :

    Gross 0.43%

    Net 0.43%

    YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
    YTD
    1-YR
    3-YR
    5-YR
    10-YR
    Since Inception 10/17/2016
    w/o sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%
    Lipper Category Avg. Ultra-Short Obligations Funds 1.20% 5.52% 4.51% 3.23% -10000.0% -10000.0%
    ICE BofA U.S. Treasury Bill Index 1.04% 5.06% 4.26% 2.56% -10000.0% 2.19%
    w/ sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%

    Fund Expense Ratio :

    Gross 0.43%

    Net 0.43%

    Fund Expense Ratio :

    Gross 0.43%

    Net 0.43%

    YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/17/2016
    YTD
    1-YR
    3-YR
    5-YR
    10-YR
    Since Inception 10/17/2016
    w/o sales charge 1.16% 5.68% 4.53% 3.02% -10000.0% 2.37%
    Lipper Category Avg. Ultra-Short Obligations Funds 1.20% 5.52% 4.51% 3.23% -10000.0% -10000.0%
    ICE BofA U.S. Treasury Bill Index 1.04% 5.06% 4.26% 2.56% -10000.0% 2.19%

    Fund Expense Ratio :

    Gross 0.43%

    Net 0.43%

    Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

    Year Fund Returns ICE BofA U.S. Treasury Bill Index
    Year
    Fund Returns
    ICE BofA U.S. Treasury Bill Index
    2024 5.99% 5.30%
    2023 5.80% 5.09%
    2022 -0.11% 1.34%
    2021 -0.10% 0.05%
    2020 1.11% 0.74%
    2019 2.83% 2.35%
    2018 1.93% 1.88%
    2017 1.42% 0.82%
    Year Q1 Q2 Q3 Q4
    Year
    Q1
    Q2
    Q3
    Q4
    2025 1.16% -10000.0% -10000.0% -10000.0%
    2024 1.46% 1.39% 1.80% 1.21%
    2023 1.43% 1.06% 1.38% 1.82%
    2022 -0.78% -0.56% 0.18% 1.06%
    2021 -0.02% 0.09% 0.00% -0.17%
    2020 -1.35% 2.14% 0.25% 0.09%
    2019 0.86% 0.74% 0.59% 0.62%
    2018 0.32% 0.53% 0.66% 0.40%
    2017 0.35% 0.39% 0.33% 0.35%

    Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

    GROWTH OF $10,000 as of 03/31/2025

    The chart begins on the Fund's inception date of 10/17/2016.

    Based on a hypothetical Class A share investment of $10,000 on 10/17/2016 without sales charge and includes the reinvestment of all distributions.

     

    Portfolio

    Portfolio

    Type Assets
    Corp Fixed Rate
    ABS
    Corp Floating
    Commercial Paper
    CLO
    CMBS
    Bank Loans
    U.S. Government Related
    Sovereign
    MBS
    Cash

    The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

    Maturity Assets
    Less than 1 year
    1-2.99 years
    3-4.99 years

    CREDIT QUALITY DISTRIBUTION as of 03/31/2025

    Rating Assets
    A-2/P-2
    A-3/P-3
    U.S. Treasury
    AAA
    AA
    A
    BBB
    Not Rated

    Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

    Portfolio Positioning as of 12/31/2024

    • Over the quarter, we decreased allocations to fixed-coupon corporate bonds given more attractive relative value in other sectors.

    • The portfolio’s ABS allocation is focused on AAA-rated securities within the Auto Loan and Auto Lease sectors.

    • The portfolio’s entire allocation in CLOs is AAA-rated and we continue to find this sector as an attractive opportunity set for yield pick up as well as diversification relative to investment grade corporates.

    Portfolio Details as of 03/31/2025

    Total Net Assets
    $12.80 B
    Average Effective Duration
    0.56 Years
    Average Life
    1.01 Years
    Number of Issues
    535
    Average Yield to Maturity
    4.77%

    To view definitions for the above Portfolio Details, Click here.

    Holding Coupon Maturity Assets
    Holding
    Coupon
    Maturity
    Assets
    United States Treasury Note/Bond 5.000% 09/30/2025 1.1%
    Santander UK Group Holdings PLC 1.673% 06/14/2027 1.1%
    Regal Rexnord Corp 6.050% 02/15/2026 1.1%
    APA Corp 0.000% 04/10/2025 0.9%
    United States Treasury Inflation Indexed Bonds 0.375% 07/15/2025 0.8%
    Santander UK Group Holdings PLC 6.833% 11/21/2026 0.8%
    OVINTIV INC 0.000% 04/21/2025 0.7%
    Sonoco Products Co 0.000% 04/01/2025 0.7%
    Boeing Co/The 2.196% 02/04/2026 0.6%
    Whirlpool Corp 0.000% 04/07/2025 0.6%
    % of Total Assets 8.4%
    Holding Coupon Maturity Assets
    Holding
    Coupon
    Maturity
    Assets
    HSBC Holdings PLC2.999% 03/10/20261.3%
    United States Treasury Note/Bond5.000% 09/30/20251.2%
    Santander UK Group Holdings PLC1.673% 06/14/20271.1%
    Regal Rexnord Corp6.050% 02/15/20261.1%
    Crown Castle Inc0.000% 03/27/20250.9%
    United States Treasury Inflation Indexed Bonds0.375% 07/15/20250.9%
    Santander UK Group Holdings PLC6.833% 11/21/20260.8%
    United States Treasury Note/Bond4.250% 11/30/20260.6%
    Boeing Co/The2.196% 02/04/20260.6%
    Fifth Third Auto Trust 2023-15.530% 08/15/20280.6%
    United States Treasury Note/Bond4.250% 05/31/20250.6%
    Citizens Auto Receivables Trust 2023-25.830% 02/15/20280.5%
    Buckhorn Park CLO Ltd5.363% 07/18/20340.5%
    Air Lease Corp0.000% 03/27/20250.5%
    Discover Card Execution Note Trust3.320% 05/15/20270.5%
    UniCredit SpA2.569% 09/22/20260.5%
    PFS Financing Corp5.800% 03/15/20280.5%
    AIB Group PLC7.583% 10/14/20260.5%
    NextGear Floorplan Master Owner Trust2.800% 03/15/20270.5%
    Westlake Automobile Receivables Trust 2024-34.909% 09/15/20270.5%
    Danske Bank A/S1.621% 09/11/20260.5%
    Lloyds Banking Group PLC3.511% 03/18/20260.5%
    Amgen Inc5.548% 09/15/20260.5%
    Brookfield Corporate Treasury Ltd0.000% 03/31/20250.5%
    Morgan Stanley2.188% 04/28/20260.5%
    Brookfield Corporate Treasury Ltd0.000% 03/28/20250.5%
    GM Financial Automobile Leasing Trust 2024-25.390% 07/20/20270.4%
    CarMax Auto Owner Trust 2023-46.000% 07/17/20280.4%
    Toyota Motor Credit Corp5.013% 01/05/20260.4%
    VICI Properties LP / VICI Note Co Inc4.625% 06/15/20250.4%
    US Bank NA/Cincinnati OH5.063% 10/22/20270.4%
    GA Global Funding Trust5.727% 04/11/20250.4%
    Honda Auto Receivables 2023-4 Owner Trust5.670% 06/21/20280.4%
    Rolls-Royce PLC3.625% 10/14/20250.4%
    GM Financial Consumer Automobile Receivables Trust 2023-45.780% 08/16/20280.4%
    Ares XXXIV CLO Ltd5.623% 04/17/20330.4%
    Vistra Operations Co LLC5.125% 05/13/20250.4%
    Sonoco Products Co0.000% 03/13/20250.4%
    Bank of America Corp3.384% 04/02/20260.4%
    BPCE SA5.975% 01/18/20270.4%
    AON CORPORATION5.574% 02/16/20270.4%
    Goldman Sachs Bank USA/New York NY5.414% 05/21/20270.4%
    Jefferies Financial Group Inc5.150% 09/15/20250.4%
    General Motors Financial Co Inc5.418% 07/15/20270.4%
    Goldman Sachs Bank USA/New York NY5.146% 03/18/20270.4%
    Morgan Stanley Bank NA5.053% 10/15/20270.4%
    Prosus NV5.500% 07/21/20250.4%
    Wells Fargo Bank NA5.438% 08/07/20260.4%
    Mercedes-Benz Finance North America LLC5.229% 11/15/20270.4%
    Jefferies Financial Group Inc5.000% 02/10/20260.4%
    American Honda Finance Corp5.075% 01/09/20260.4%
    Toronto-Dominion Bank/The5.005% 12/17/20260.4%
    HA Sustainable Infrastructure Capital Inc0.000% 03/03/20250.4%
    Host Hotels & Resorts LP5.223% 01/04/20270.4%
    Bank of Nova Scotia/The5.484% 06/12/20250.4%
    Wells Fargo & Co2.188% 04/30/20260.4%
    Toronto-Dominion Bank/The5.451% 07/17/20260.4%
    Royal Bank of Canada5.452% 07/20/20260.4%
    Citibank NA5.176% 09/29/20250.4%
    Bank of Montreal5.320% 09/25/20250.4%
    Boston Properties LP5.262% 05/16/20250.4%
    Canadian Imperial Bank of Commerce5.327% 09/11/20270.4%
    Banco Nacional de Comercio Exterior SNC/Cayman Islands4.375% 10/14/20250.4%
    State Street Corp5.224% 08/03/20260.4%
    Citibank NA5.092% 11/19/20270.3%
    Goldman Sachs Group Inc/The5.444% 08/10/20260.3%
    Crown Castle Inc0.000% 03/13/20250.3%
    BPCE SA1.652% 10/06/20260.3%
    Jackson National Life Global Funding5.337% 01/14/20280.3%
    Corebridge Global Funding5.113% 01/07/20280.3%
    UBS Group AG2.193% 06/05/20260.3%
    Swedbank AB5.768% 06/15/20260.3%
    Conagra Brands Inc0.000% 03/05/20250.3%
    Ovintiv Inc0.000% 03/20/20250.3%
    National Bank of Canada5.270% 03/25/20270.3%
    Wells Fargo & Co4.900% 01/24/20280.3%
    Conagra Brands Inc0.000% 03/07/20250.3%
    Hyundai Capital America5.699% 11/03/20250.3%
    Hyundai Capital America5.528% 08/04/20250.3%
    CommonSpirit Health0.000% 03/05/20250.3%
    NatWest Markets PLC5.819% 03/22/20250.3%
    Huntington National Bank/The5.115% 04/12/20280.3%
    TICP CLO VII Ltd5.602% 04/15/20330.3%
    Honda Auto Receivables 2024-4 Owner Trust4.560% 03/15/20270.3%
    Svenska Handelsbanken AB5.638% 06/15/20260.3%
    Avolon Holdings Funding Ltd4.250% 04/15/20260.3%
    PNC Bank NA4.868% 01/15/20270.3%
    Canadian Natural Resources Ltd0.000% 03/25/20250.3%
    Air Lease Corp5.300% 06/25/20260.3%
    Citigroup Commercial Mortgage Trust 2016-GC373.314% 04/10/20490.3%
    HSBC Holdings PLC1.645% 04/18/20260.3%
    Barclays PLC2.852% 05/07/20260.3%
    Las Vegas Sands Corp2.900% 06/25/20250.3%
    Santander Drive Auto Receivables Trust 2025-14.760% 08/16/20270.3%
    Carmax Auto Owner Trust 2023-25.050% 01/18/20280.3%
    Home Depot Inc/The5.100% 12/24/20250.3%
    Targa Resources Corp0.000% 03/06/20250.3%
    Ford Motor Credit Co LLC4.389% 01/08/20260.3%
    Cigna Group/The5.685% 03/15/20260.3%
    Post Road Equipment Finance 2025-1 LLC4.900% 05/15/20310.3%
    Westlake Automobile Receivables Trust 2024-15.550% 11/15/20270.3%
    Honda Auto Receivables 2023-1 Owner Trust5.040% 04/21/20270.3%
    American Tower Corp1.600% 04/15/20260.3%
    Regatta XIV Funding Ltd5.400% 10/25/20310.3%
    GLP Capital LP / GLP Financing II Inc5.375% 04/15/20260.3%
    Bacardi Ltd2.750% 07/15/20260.3%
    Royal Bank of Canada5.166% 07/23/20270.3%
    BNP Paribas SA2.219% 06/09/20260.3%
    Australia & New Zealand Banking Group Ltd5.050% 07/16/20270.3%
    Kazakhstan Government International Bond5.125% 07/21/20250.3%
    Amur Equipment Finance Receivables XIII LLC5.380% 01/21/20310.3%
    Mitsubishi UFJ Financial Group Inc5.807% 04/17/20260.3%
    Royal Bank of Canada5.092% 10/18/20270.3%
    UBS Group AG4.703% 08/05/20270.3%
    Porsche Innovative Lease Owner Trust 2024-24.350% 10/20/20270.3%
    Dryden 43 Senior Loan Fund5.363% 04/20/20340.3%
    Whirlpool Corp0.000% 03/04/20250.3%
    GM Financial Automobile Leasing Trust 2024-34.210% 10/20/20270.3%
    Ford Credit Auto Lease Trust 2025-A4.570% 08/15/20270.3%
    UBS Group AG4.488% 05/12/20260.3%
    Synchrony Card Funding LLC5.540% 07/15/20290.3%
    Madison Park Funding XLII Ltd5.440% 11/21/20300.3%
    Ford Motor Credit Co LLC5.827% 11/05/20260.3%
    522 Funding CLO 2020-6 Ltd5.490% 10/23/20340.3%
    OneMain Direct Auto Receivables Trust 2021-11.260% 07/14/20280.3%
    Toronto-Dominion Bank/The5.198% 01/31/20280.3%
    VICI Properties LP / VICI Note Co Inc4.250% 12/01/20260.3%
    Whirlpool Corp0.000% 03/05/20250.3%
    Avolon Holdings Funding Ltd2.125% 02/21/20260.3%
    Brixmor Operating Partnership LP5.524% 07/26/20270.3%
    Enterprise Fleet Financing 2024-1 LLC5.230% 03/20/20300.3%
    Citigroup Inc5.610% 09/29/20260.3%
    Bank of America Corp1.658% 03/11/20270.3%
    SCF Equipment Trust 2016-1 LLC4.820% 07/22/20300.3%
    Hyundai Capital America5.860% 01/08/20270.3%
    Athene Global Funding4.950% 01/07/20270.3%
    Westlake Automobile Receivables Trust 2024-25.620% 03/15/20300.3%
    COMM 2016-DC2 Mortgage Trust3.497% 02/10/20490.3%
    Occidental Petroleum Corp8.500% 07/15/20270.2%
    Athene Global Funding5.684% 02/23/20260.2%
    Merchants Fleet Funding LLC5.820% 04/20/20370.2%
    LPL Holdings Inc5.798% 12/07/20260.2%
    Spire Inc5.300% 03/01/20260.2%
    Korea National Oil Corp5.270% 09/30/20270.2%
    Avolon TLB Borrower 1 US LLC5.923% 02/12/20270.2%
    Dell Equipment Finance Trust 2024-15.390% 03/22/20300.2%
    National Bank of Canada4.702% 03/05/20270.2%
    Bank of America Auto Trust 2023-15.530% 02/15/20280.2%
    Georgia Power Co4.667% 09/15/20260.2%
    Societe Generale SA5.481% 02/19/20270.2%
    Corebridge Global Funding5.670% 09/25/20260.2%
    Aircastle Ltd5.250% 08/11/20250.2%
    National Australia Bank Ltd4.978% 10/26/20270.2%
    NatWest Group PLC7.472% 11/10/20260.2%
    Intel Corp3.400% 03/25/20250.2%
    Toyota Lease Owner Trust 2025-A4.750% 02/22/20280.2%
    Honda Auto Receivables 2024-2 Owner Trust5.270% 11/20/20280.2%
    Drive Auto Receivables Trust 2024-24.500% 09/15/20280.2%
    American Honda Finance Corp4.931% 05/21/20260.2%
    Citizens Auto Receivables Trust 2023-15.840% 01/18/20280.2%
    PEAC Solutions Receivables 2024-1 LLC5.790% 06/21/20270.2%
    Oracle Corp5.139% 08/03/20280.2%
    Daimler Truck Finance North America LLC5.600% 08/08/20250.2%
    Galaxy XXVI CLO Ltd5.499% 11/22/20310.2%
    Bank of America Auto Trust 2023-25.740% 06/15/20280.2%
    T-Mobile US Trust 2024-15.050% 09/20/20290.2%
    Ford Motor Credit Co LLC5.125% 06/16/20250.2%
    Berry Global Inc4.875% 07/15/20260.2%
    National Securities Clearing Corp5.150% 06/26/20260.2%
    Columbia Cent CLO 31 Ltd5.400% 04/20/20340.2%
    RTX Corp5.548% 05/07/20250.2%
    Navistar Financial Dealer Note Master Owner Trust5.590% 04/25/20290.2%
    KKR CLO 40 Ltd5.593% 10/20/20340.2%
    Nissan Auto Lease Trust 2023-B5.690% 07/15/20260.2%
    Barclays PLC7.325% 11/02/20260.2%
    Jackson National Life Global Funding3.050% 04/29/20260.2%
    JPMorgan Chase Bank NA5.408% 12/08/20260.2%
    HSBC USA Inc5.377% 03/04/20270.2%
    Bank of Montreal5.557% 12/11/20260.2%
    Keurig Dr Pepper Inc5.268% 03/15/20270.2%
    Athene Global Funding5.580% 03/25/20270.2%
    General Motors Financial Co Inc5.728% 05/08/20270.2%
    Octane Receivables Trust 2024-15.680% 05/20/20300.2%
    UBS Group AG4.125% 09/24/20250.2%
    American Honda Finance Corp5.164% 03/12/20270.2%
    Australia & New Zealand Banking Group Ltd5.182% 01/18/20270.2%
    Hyundai Capital America5.800% 06/26/20250.2%
    Mercedes-Benz Finance North America LLC5.007% 07/31/20260.2%
    Bardot CLO Ltd5.285% 10/22/20320.2%
    Carmax Auto Owner Trust 2025-14.630% 03/15/20280.2%
    SBNA Auto Receivables Trust 2024-A5.320% 12/15/20280.2%
    PEAC Solutions Receivables 2025-1 LLC4.940% 10/20/20280.2%
    HAT Holdings I LLC / HAT Holdings II LLC3.375% 06/15/20260.2%
    Westlake Automobile Receivables Trust 2024-25.560% 02/15/20280.2%
    Verdant Receivables 2024-1 LLC5.680% 12/12/20310.2%
    Synchrony Card Funding LLC3.860% 07/15/20280.2%
    UBS Group AG3.750% 03/26/20250.2%
    HSBC Holdings PLC4.292% 09/12/20260.2%
    Citizens Financial Group Inc2.850% 07/27/20260.2%
    Westlake Automobile Receivables Trust 2025-14.660% 01/18/20280.2%
    Magna International Inc5.980% 03/21/20260.2%
    Allegro CLO VII Ltd5.432% 06/13/20310.2%
    NextEra Energy Capital Holdings Inc5.178% 02/04/20280.2%
    Mercedes-Benz Auto Receivables Trust 2023-25.950% 11/15/20280.2%
    BNP Paribas SA1.323% 01/13/20270.2%
    Ford Credit Auto Lease Trust 2024-B4.990% 12/15/20270.2%
    Madison Park Funding XL Ltd5.565% 05/28/20300.2%
    Westlake Automobile Receivables Trust 2024-15.440% 05/17/20270.2%
    Carmax Auto Owner Trust 2023-35.280% 05/15/20280.2%
    Bain Capital Credit Clo 2019-3 Ltd5.320% 10/21/20340.2%
    Brookfield Infrastructure Holdings Canada Inc0.000% 03/13/20250.2%
    GLS Auto Select Receivables Trust 2024-35.590% 10/15/20290.2%
    Volkswagen Group of America Finance LLC5.201% 03/20/20260.2%
    Post Road Equipment Finance 2024-1 LLC5.590% 11/15/20290.2%
    Flagship Credit Auto Trust 2024-15.480% 10/16/20280.2%
    Glencore Funding LLC5.423% 04/04/20270.2%
    GLP Capital LP / GLP Financing II Inc5.250% 06/01/20250.2%
    Synchrony Bank5.400% 08/22/20250.2%
    Daimler Truck Finance North America LLC5.331% 09/25/20270.2%
    Marvell Technology Inc5.689% 04/20/20260.2%
    Affirm Asset Securitization Trust 2023-B6.820% 09/15/20280.2%
    Dryden 40 Senior Loan Fund5.473% 08/15/20310.2%
    Celanese US Holdings LLC6.050% 03/15/20250.2%
    Ally Auto Receivables Trust 2024-24.460% 07/15/20270.2%
    Volkswagen Group of America Finance LLC5.800% 09/12/20250.2%
    Skandinaviska Enskilda Banken AB5.304% 03/05/20270.2%
    SBNA Auto Lease Trust 2025-A4.830% 04/20/20280.2%
    APA CORP GTD DISC COML PAPER0.000% 03/03/20250.2%
    Macquarie Bank Ltd5.286% 07/02/20270.2%
    Citigroup Inc3.106% 04/08/20260.2%
    Jackson National Life Global Funding4.900% 01/13/20270.2%
    American Honda Finance Corp5.075% 07/09/20270.2%
    Royal Bank of Canada5.322% 01/19/20270.2%
    Morgan Stanley4.679% 07/17/20260.2%
    Volkswagen Group of America Finance LLC5.324% 09/12/20250.2%
    VICI Properties LP / VICI Note Co Inc3.750% 02/15/20270.2%
    ING Groep NV3.869% 03/28/20260.2%
    Caterpillar Financial Services Corp4.939% 11/15/20270.2%
    American Honda Finance Corp4.979% 08/14/20250.2%
    ARI Fleet Lease Trust 2024-B5.540% 04/15/20330.2%
    HA Sustainable Infrastructure Capital Inc0.000% 03/19/20250.2%
    Chesapeake Funding II LLC5.520% 05/15/20360.2%
    American Express Co6.338% 10/30/20260.2%
    Sumitomo Mitsui Financial Group Inc5.664% 07/13/20260.2%
    Santander Drive Auto Receivables Trust 2023-35.610% 07/17/20280.2%
    Enterprise Fleet Financing 2025-1 LLC4.650% 10/20/20270.2%
    Sumitomo Mitsui Trust Bank Ltd5.394% 09/10/20270.2%
    Georgia Power Co5.128% 05/08/20250.2%
    Dell Equipment Finance Trust 2023-15.650% 09/22/20280.2%
    Toyota Auto Receivables 2023-D Owner Trust5.540% 08/15/20280.2%
    Santander Drive Auto Receivables Trust 2024-54.880% 09/15/20270.2%
    Public Storage Operating Co5.070% 04/16/20270.2%
    Toronto-Dominion Bank/The3.766% 06/06/20250.2%
    Morgan Stanley Bank of America Merrill Lynch Trust 2015-C273.473% 12/15/20470.2%
    Lending Funding Trust 2020-22.320% 04/21/20310.2%
    Tricolor Auto Securitization Trust 2024-35.220% 06/15/20280.2%
    HA Sustainable Infrastructure Capital Inc0.000% 03/07/20250.2%
    NRG Energy Inc2.000% 12/02/20250.2%
    Ovintiv Inc5.650% 05/15/20250.2%
    OZLM Funding II Ltd5.487% 07/30/20310.2%
    Morgan Stanley Capital I Trust 2016-UB112.531% 08/15/20490.2%
    ENEL FINANCE AMERICA LLC6.260% 11/20/20260.2%
    Hyundai Auto Lease Securitization Trust 2024-B5.410% 05/17/20270.2%
    Ovintiv Inc0.000% 03/17/20250.2%
    First National Master Note Trust5.130% 04/15/20290.2%
    NextGear Floorplan Master Owner Trust5.439% 03/15/20280.2%
    Canadian Natural Resources Ltd0.000% 03/20/20250.2%
    Citigroup Commercial Mortgage Trust 2016-P33.329% 04/15/20490.2%
    SBNA Auto Lease Trust 2024-B5.670% 11/20/20260.2%
    Panama Government International Bond7.125% 01/29/20260.2%
    Solventum Corp5.687% 08/18/20250.2%
    Wells Fargo Commercial Mortgage Trust 2016-C355.476% 07/15/20480.2%
    Ford Credit Auto Owner Trust 2023-C5.530% 09/15/20280.2%
    CommonSpirit Health0.000% 03/13/20250.2%
    Bank of Ireland Group PLC6.253% 09/16/20260.2%
    Volvo Financial Equipment LLC Series 2024-14.560% 05/17/20270.1%
    Capital One Prime Auto Receivables Trust 2022-23.660% 05/17/20270.1%
    Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT4.750% 05/15/20250.1%
    GLOBAL PMTS INC0.000% 03/03/20250.1%
    Flowers Foods Inc3.500% 10/01/20260.1%
    Clover CLO 2021-3 LLC5.370% 01/25/20350.1%
    Crestline Denali CLO XVII Ltd5.432% 10/15/20310.1%
    Santander Drive Auto Receivables Trust 2024-35.630% 01/16/20290.1%
    Avis Budget Rental Car Funding AESOP LLC1.380% 08/20/20270.1%
    Citibank NA5.085% 08/06/20260.1%
    Macquarie Airfinance Holdings Ltd8.375% 05/01/20280.1%
    Exeter Automobile Receivables Trust 2024-54.450% 03/15/20280.1%
    National Australia Bank Ltd5.055% 12/10/20250.1%
    Delta Air Lines Inc / SkyMiles IP Ltd4.500% 10/20/20250.1%
    Palmer Square CLO 2015-1 Ltd5.380% 05/21/20340.1%
    Enterprise Fleet Financing 2024-2 LLC5.740% 12/20/20260.1%
    BNP Paribas SA4.375% 09/28/20250.1%
    American Airlines 2015-1 Class A Pass Through Trust3.375% 05/01/20270.1%
    WHIRLPOOL CORP5.674% 10/31/20250.1%
    Barclays PLC5.304% 08/09/20260.1%
    Synchrony Card Funding LLC3.370% 04/15/20280.1%
    UBS Commercial Mortgage Trust 2017-C33.167% 08/15/20500.1%
    AES Corp/The3.300% 07/15/20250.1%
    CSAIL 2016-C6 Commercial Mortgage Trust2.823% 01/15/20490.1%
    AerCap Ireland Capital DAC / AerCap Global Aviation Trust4.450% 10/01/20250.1%
    Ford Motor Credit Co LLC4.134% 08/04/20250.1%
    Credit Acceptance Auto Loan Trust 2023-16.480% 03/15/20330.1%
    Santander Drive Auto Receivables Trust 2024-25.800% 09/15/20270.1%
    Aviation Capital Group LLC1.950% 01/30/20260.1%
    State Street Corp5.013% 10/22/20270.1%
    Chevron USA Inc4.852% 02/26/20280.1%
    Cedar Funding XI Clo Ltd5.373% 05/29/20320.1%
    Canadian Imperial Bank of Commerce5.144% 04/28/20250.1%
    VICI Properties LP4.375% 05/15/20250.1%
    BAXTER INTL INC5.674% 09/30/20260.1%
    Barings Loan Partners CLO Ltd 35.253% 07/20/20330.1%
    Algonquin Power & Utilities Corp5.365% 06/15/20260.1%
    Freddie Mac STACR REMIC Trust 2024-HQA25.602% 08/25/20440.1%
    Westlake Automobile Receivables Trust 2021-21.230% 12/15/20260.1%
    Vistra Operations Co LLC3.700% 01/30/20270.1%
    BPCE SA2.045% 10/19/20270.1%
    Air Lease Corp3.375% 07/01/20250.1%
    Affirm Asset Securitization Trust 2024-X16.270% 05/15/20290.1%
    Korea National Oil Corp5.459% 11/14/20260.1%
    GXO Logistics Inc1.650% 07/15/20260.1%
    Citizens Auto Receivables Trust 2024-25.540% 11/16/20260.1%
    Canyon CLO 2020-2 Ltd5.326% 10/15/20340.1%
    AEGON Funding Co LLC5.500% 04/16/20270.1%
    Citigroup Commercial Mortgage Trust 2017-P73.442% 04/14/20500.1%
    Solventum Corp5.687% 02/16/20270.1%
    Brookfield Corporate Treasury Ltd0.000% 03/07/20250.1%
    Affirm Asset Securitization Trust 2023-B6.820% 09/15/20280.1%
    Cencora Inc5.548% 12/31/20270.1%
    AmeriCredit Automobile Receivables Trust 2023-26.190% 04/19/20270.1%
    AmeriCredit Automobile Receivables Trust 2024-15.750% 02/18/20280.1%
    JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP13.914% 01/15/20490.1%
    Macquarie Group Ltd1.340% 01/12/20270.1%
    Societe Generale SA1.792% 06/09/20270.1%
    Societe Generale SA2.797% 01/19/20280.1%
    DLLAA 2023-1 LLC5.930% 07/20/20260.1%
    Huntington Auto Trust 2024-15.500% 03/15/20270.1%
    Ford Motor Credit Co LLC4.687% 06/09/20250.1%
    Synchrony Financial4.875% 06/13/20250.1%
    Santander Drive Auto Receivables Trust 2024-15.250% 04/17/20280.1%
    Viterra Finance BV2.000% 04/21/20260.1%
    Citigroup Commercial Mortgage Trust 2016-GC363.616% 02/10/20490.1%
    UBS Group AG6.373% 07/15/20260.1%
    Brown & Brown Inc6.174% 10/27/20260.1%
    JPMBB Commercial Mortgage Securities Trust 2015-C303.822% 07/15/20480.1%
    Vontier Corp1.800% 04/01/20260.1%
    JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl0.000% 03/12/20250.1%
    KIND Trust 2021-KIND5.384% 08/15/20380.1%
    Citizens Bank NA/Providence RI3.750% 02/18/20260.1%
    SBNA Auto Lease Trust 2024-A5.450% 01/20/20260.1%
    Chevron USA Inc4.742% 02/26/20270.1%
    Consolidated Edison Co of New York Inc4.900% 11/18/20270.1%
    State Street Bank & Trust Co4.842% 11/25/20260.1%
    Public Storage Operating Co4.977% 07/25/20250.1%
    Flagship Credit Auto Trust 2023-35.890% 07/15/20270.1%
    BMW US Capital LLC5.178% 08/13/20260.1%
    Marsh & McLennan Cos Inc5.078% 11/08/20270.1%
    Ally Bank Auto Credit-Linked Notes Series 2024-A5.681% 05/17/20320.1%
    Synchrony Financial4.500% 07/23/20250.1%
    Connecticut Avenue Securities Series 2025-R015.303% 01/25/20450.1%
    Korea National Oil Corp5.201% 04/03/20270.1%
    M&T Bank Auto Receivables Trust 2025-14.630% 05/15/20280.1%
    CFCRE Commercial Mortgage Trust 2016-C62.950% 11/10/20490.1%
    GM Financial Automobile Leasing Trust 2024-25.560% 05/22/20280.1%
    Affirm Asset Securitization Trust 2024-A5.610% 02/15/20290.1%
    Verizon Master Trust5.610% 09/08/20280.1%
    HCA Inc5.254% 03/01/20280.1%
    Citigroup Commercial Mortgage Trust 2016-P33.063% 04/15/20490.1%
    Pacific Gas and Electric Co5.367% 09/04/20250.1%
    Citigroup Commercial Mortgage Trust 2015-GC333.778% 09/10/20580.1%
    SFS Auto Receivables Securitization Trust 2024-25.710% 10/20/20270.1%
    APEX CREDIT CLO 2018-II LTD5.267% 10/20/20310.1%
    GS Mortgage Securities Trust 2015-GC323.764% 07/10/20480.1%
    Bacardi-Martini BV0.000% 03/20/20250.1%
    AmeriCredit Automobile Receivables Trust 2024-15.430% 01/18/20290.1%
    Carmax Select Receivables Trust 2024-A5.780% 09/15/20270.1%
    Ford Credit Auto Lease Trust 2024-A5.290% 06/15/20270.1%
    Ford Credit Auto Lease Trust 2024-A5.060% 05/15/20270.1%
    Morgan Stanley Bank of America Merrill Lynch Trust 2015-C243.732% 05/15/20480.1%
    Hewlett Packard Enterprise Co4.450% 09/25/20260.1%
    LAD Auto Receivables Trust 2024-34.640% 11/15/20270.1%
    Greatamerica Leasing Receivables Funding LLC Series 2021-21.040% 09/15/20270.1%
    CarMax Auto Owner Trust 2024-25.650% 05/17/20270.1%
    Discover Card Execution Note Trust4.930% 06/15/20280.1%
    Mercedes-Benz Auto Lease Trust 2024-A5.320% 01/18/20280.1%
    BXHPP Trust 2021-FILM5.076% 08/15/20360.1%
    Boeing Co/The2.750% 02/01/20260.1%
    Connecticut Avenue Securities Trust 2024-R055.352% 07/25/20440.1%
    COMM 2016-CR28 Mortgage Trust3.762% 02/10/20490.1%
    Exeter Automobile Receivables Trust 2024-54.480% 04/16/20290.1%
    GXO Logistics Inc5.544% 05/27/20250.1%
    EnLink Midstream Partners LP4.850% 07/15/20260.1%
    GreenSky Home Improvement Trust 2024-15.880% 06/25/20590.1%
    Flagship Credit Auto Trust 2023-35.440% 04/17/20280.1%
    Flatiron RR CLO 22 LLC5.234% 10/15/20340.1%
    Hyundai Auto Receivables Trust 2023-C5.540% 10/16/20280.1%
    PEAC Solutions Receivables 2024-2 LLC4.740% 04/20/20270.1%
    Amgen Inc5.507% 03/02/20260.1%
    Bain Capital Credit CLO 2021-3 Ltd5.354% 07/24/20340.1%
    United Airlines 2020-1 Class A Pass Through Trust5.875% 10/15/20270.1%
    Aviation Capital Group LLC1.950% 09/20/20260.1%
    UBS Group AG1.494% 08/10/20270.1%
    GLS Auto Receivables Issuer Trust 2024-44.750% 07/17/20280.1%
    Morgan Stanley Bank of America Merrill Lynch Trust 2016-C283.544% 01/15/20490.1%
    Societe Generale SA1.488% 12/14/20260.1%
    Barclays PLC2.279% 11/24/20270.1%
    Wells Fargo & Co3.908% 04/25/20260.1%
    Evergreen Credit Card Trust5.250% 10/15/20280.1%
    Pikes Peak CLO 65.263% 05/18/20340.1%
    Trinitas Clo XX Ltd5.359% 07/20/20350.1%
    General Motors Financial Co Inc4.350% 04/09/20250.1%
    Citigroup Commercial Mortgage Trust 2015-GC353.549% 11/10/20480.1%
    JPMDB Commercial Mortgage Securities Trust 2016-C23.144% 06/15/20490.1%
    Citigroup Commercial Mortgage Trust 2016-C12.944% 05/10/20490.1%
    Macquarie Bank Ltd4.875% 06/10/20250.1%
    Nissan Auto Receivables 2023-B Owner Trust5.930% 03/15/20280.1%
    CNO Global Funding1.750% 10/07/20260.1%
    Citigroup Commercial Mortgage Trust 2016-C33.154% 11/15/20490.1%
    American Electric Power Co Inc5.699% 08/15/20250.1%
    Emera US Finance LP3.550% 06/15/20260.1%
    Ford Credit Auto Lease Trust 2023-B6.200% 02/15/20270.1%
    BX Trust 2021-ARIA5.326% 10/15/20360.1%
    Jackson National Life Global Funding5.600% 04/10/20260.1%
    Discover Card Execution Note Trust3.560% 07/15/20270.1%
    Bank of Ireland Group PLC2.029% 09/30/20270.1%
    Freddie Mac STACR REMIC Trust 2024-DNA35.402% 10/25/20440.1%
    NextEra Energy Capital Holdings Inc5.749% 09/01/20250.1%
    Deutsche Bank AG4.500% 04/01/20250.1%
    HSBC Holdings PLC2.099% 06/04/20260.1%
    Westlake Automobile Receivables Trust 2023-46.230% 01/15/20270.1%
    AmeriCredit Automobile Receivables Trust 2022-24.810% 04/18/20280.1%
    Neuberger Berman Group LLC / Neuberger Berman Finance Corp4.500% 03/15/20270.1%
    UBS AG/Stamford CT2.950% 04/09/20250.1%
    Freddie Mac STACR REMIC Trust 2024-DNA25.602% 05/25/20440.1%
    Charter Communications Operating LLC / Charter Communications Operating Capital4.908% 07/23/20250.1%
    Wells Fargo Commercial Mortgage Trust 2015-C313.695% 11/15/20480.1%
    Imperial Brands Finance PLC3.500% 07/26/20260.1%
    Morgan Stanley Bank of America Merrill Lynch Trust 2015-C263.531% 10/15/20480.1%
    Exeter Automobile Receivables Trust 2024-35.650% 12/15/20270.1%
    Aviation Capital Group LLC4.875% 10/01/20250.1%
    Hertz Vehicle Financing III LLC1.990% 06/25/20260.1%
    OneMain Direct Auto Receivables Trust 2021-10.870% 07/14/20280.1%
    Freddie Mac STACR REMIC Trust 2021-HQA45.302% 12/25/20410.1%
    GLS Auto Select Receivables Trust 2024-25.580% 06/17/20300.1%
    Westlake Flooring Master Trust5.430% 02/15/20280.1%
    NextEra Energy Capital Holdings Inc6.051% 03/01/20250.1%
    Hexcel Corp4.950% 08/15/20250.1%
    Fresenius Medical Care US Finance III Inc1.875% 12/01/20260.1%
    Carlyle Global Market Strategies CLO 2012-4 Ltd5.410% 04/22/20320.1%
    Bain Capital Credit CLO 2021-1 Ltd5.270% 04/18/20340.1%
    Brookfield Infrastructure Holdings Canada Inc0.000% 03/06/20250.1%
    Santander Drive Auto Receivables Trust 2022-54.740% 10/16/20280.1%
    Connecticut Avenue Securities Trust 2022-R025.552% 01/25/20420.1%
    MF1 2021-FL6 Ltd5.528% 07/16/20360.1%
    FS RIALTO5.646% 05/16/20380.1%
    LFT CRE 2021-FL1 Ltd5.596% 06/15/20390.1%
    Ovintiv Inc0.000% 03/19/20250.1%
    National Fuel Gas Co5.500% 10/01/20260.1%
    VStrong Auto Receivables Trust 2024-A5.790% 08/16/20270.1%
    BofA Auto Trust 2024-15.350% 11/15/20280.1%
    Freddie Mac STACR REMIC Trust 2024-HQA15.602% 03/25/20440.1%
    UnitedHealth Group Inc4.868% 07/15/20260.1%
    CarMax Auto Owner Trust 2023-46.080% 12/15/20260.1%
    DLLST 2024-1 LLC5.330% 01/20/20260.1%
    Santander UK Group Holdings PLC1.532% 08/21/20260.1%
    JPMDB Commercial Mortgage Securities Trust 2016-C43.141% 12/15/20490.1%
    Illumina Inc4.650% 09/09/20260.1%
    Delta Air Lines Inc7.000% 05/01/20250.1%
    Securitized Term Auto Receivables Trust5.038% 07/25/20310.1%
    Bayer US Finance II LLC4.250% 12/15/20250.1%
    SBNA Auto Lease Trust 2023-A6.270% 04/20/20260.1%
    COMM 2015-LC21 Mortgage Trust3.708% 07/10/20480.1%
    East Ohio Gas Co/The1.300% 06/15/20250.0%
    SCF Equipment Leasing 2024-1 LLC5.880% 11/20/20290.0%
    Crown Castle Inc1.350% 07/15/20250.0%
    RenaissanceRe Finance Inc3.700% 04/01/20250.0%
    Wells Fargo Commercial Mortgage Trust 2016-NXS53.370% 01/15/20590.0%
    First Investors Auto Owner Trust 2022-26.260% 07/15/20270.0%
    Citizens Auto Receivables Trust 2023-26.090% 10/15/20260.0%
    Morgan Stanley Capital I Trust 2016-UBS93.594% 03/15/20490.0%
    Freddie Mac STACR REMIC Trust 2025-DNA15.302% 01/25/20450.0%
    TCI-Flatiron Clo 2017-1 Ltd5.545% 11/18/20300.0%
    Brighthouse Financial Global Funding5.550% 04/09/20270.0%
    Athene Global Funding2.550% 06/29/20250.0%
    CSAIL 2016-C6 Commercial Mortgage Trust3.090% 01/15/20490.0%
    Mariner Finance Issuance Trust 2021-A1.860% 03/20/20360.0%
    Las Vegas Sands Corp3.500% 08/18/20260.0%
    JPMDB Commercial Mortgage Securities Trust 2016-C22.881% 06/15/20490.0%
    GA Global Funding Trust1.625% 01/15/20260.0%
    VICI Properties LP / VICI Note Co Inc4.500% 09/01/20260.0%
    Aqua Finance Trust 2021-A1.540% 07/17/20460.0%
    Discovery Communications LLC3.950% 06/15/20250.0%
    VICI Properties LP / VICI Note Co Inc5.750% 02/01/20270.0%
    Flagship Credit Auto Trust 2022-34.550% 04/15/20270.0%
    Westlake Automobile Receivables Trust 2024-15.650% 02/15/20290.0%
    Morgan Stanley Bank of America Merrill Lynch Trust 2015-C263.252% 10/15/20480.0%
    Santander Drive Auto Receivables Trust 2024-25.630% 11/15/20280.0%
    Cleco Corporate Holdings LLC3.743% 05/01/20260.0%
    JPMBB Commercial Mortgage Securities Trust 2015-C283.227% 10/15/20480.0%
    Carvana Auto Receivables Trust 2021-N11.090% 01/10/20280.0%
    Corebridge Global Funding5.750% 07/02/20260.0%
    National Fuel Gas Co5.500% 01/15/20260.0%
    Banco Bilbao Vizcaya Argentaria SA5.862% 09/14/20260.0%
    Continental Resources Inc/OK2.268% 11/15/20260.0%
    Morgan Stanley Capital I Trust 2015-MS13.510% 05/15/20480.0%
    Amgen Inc5.250% 03/02/20250.0%
    Enterprise Fleet Financing 2021-2 LLC0.740% 05/20/20270.0%
    COMM 2015-CCRE23 Mortgage Trust3.497% 05/10/20480.0%
    WEA Finance LLC2.875% 01/15/20270.0%
    Wells Fargo Commercial Mortgage Trust 2015-NXS13.148% 05/15/20480.0%
    Citigroup Commercial Mortgage Trust 2015-GC333.515% 09/10/20580.0%
    Citigroup Commercial Mortgage Trust 2016-GC373.050% 04/10/20490.0%
    Ford Motor Credit Co LLC3.375% 11/13/20250.0%
    HGI CRE CLO 2021-FL1 Ltd5.476% 06/16/20360.0%
    Exeter Automobile Receivables Trust 2024-35.820% 02/15/20270.0%
    Toyota Motor Credit Corp5.148% 08/07/20260.0%
    Vistra Operations Co LLC5.050% 12/30/20260.0%
    Santander Drive Auto Receivables Trust 2024-15.710% 02/16/20270.0%
    Sonoco Products Co4.450% 09/01/20260.0%
    Freddie Mac STACR REMIC Trust 2024-DNA35.352% 10/25/20440.0%
    Octane Receivables Trust 2022-14.180% 03/20/20280.0%
    US 2YR NOTE (CBT) Jun250.000% 06/30/20250.0%
    Fannie Mae Connecticut Avenue Securities5.252% 11/25/20410.0%
    SBNA Auto Receivables Trust 2024-A5.700% 03/15/20270.0%
    Ford Credit Auto Lease Trust 2023-A4.940% 03/15/20260.0%
    Morgan Stanley Bank of America Merrill Lynch Trust 2015-C223.046% 04/15/20480.0%
    Avis Budget Rental Car Funding AESOP LLC2.360% 03/20/20260.0%
    Santander Drive Auto Receivables Trust 2023-46.180% 02/16/20270.0%
    COMM 2015-DC1 Mortgage Trust3.350% 02/10/20480.0%
    CSAIL 2015-C1 Commercial Mortgage Trust3.505% 04/15/20500.0%

    Dividends & Cap Gains

    Dividends & Cap Gains

    DIVIDEND PAYMENTS

    DIVIDEND PAYMENTS

    For
    YTD Dividends Paidas of 04/28/2025
    $0.11633
    Dividend Frequency
    Monthly (Daily Accrual)
    Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
    Daily Daily 03/31/2025 $0.03940 $10.03
    Daily Daily 02/28/2025 $0.03758 $10.04
    Daily Daily 01/31/2025 $0.03935 $10.03

    Upcoming Dividend Payment Dates

    This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

    Record Date Ex-Dividend Date Reinvest & Payable Date
    Daily Daily 04/30/2025
    Daily Daily 05/31/2025
    Daily Daily 06/30/2025
    Daily Daily 07/31/2025
    Daily Daily 08/31/2025
    Daily Daily 09/30/2025
    Daily Daily 10/31/2025
    Daily Daily 11/30/2025
    Daily Daily 12/31/2025

    CAPITAL GAINS DISTRIBUTIONS

    For
    Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
    12/14/2017 12/15/2017 - $0.0003 $0.0003 $10.01
    *

    Taxed as ordinary income

    Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

    Fees & Expenses

    Fees & Expenses

    EXPENSE RATIOas of 03/31/2025

    Fund Gross Expense Ratio 0.43%
    Fund Net Expense Ratio 0.43%

    Fund Documents

    Fund Documents

    0Documents selected
    Portfolio Holdings 1Q
    Publish Date:11/03/2015
    Portfolio Holdings 3Q
    Publish Date:11/03/2015
    Summary Prospectus
    Publish Date:11/03/2015
    Statutory Prospectus
    Publish Date:11/03/2015
    SAI
    Publish Date:11/03/2015
    Annual Financial Statements and Other Information *
    Publish Date:11/03/2015
    Annual Tailored Shareholder Report
    Publish Date:11/03/2015
    Semi-Annual Financial Statements and Other Information *
    Publish Date:11/03/2015
    Semi-Annual Tailored Shareholder Report
    Publish Date:11/03/2015
    Fact Sheet
    Publish Date:11/03/2015
    Commentary
    Publish Date:11/03/2015
    * includes items 7-11 of form N-CSR as required, if any.

    To order literature visit full website

    +

    Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                        

    1

    The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

     

    2

    The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

     

    3

    The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

     

    IMPORTANT INFORMATION

     

     

    Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

     

     

    CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

     

    Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

    Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

    Returns shown at less than a year reflect aggregate total returns.

     

    Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

     

    The ICE BofA ML U.S. Treasury Bill Index tracks the performance of US dollar denominated US Treasury Bills publicly issued in the US domestic market. Qualifying securities must have at least one month remaining term to final maturity and a minimum amount outstanding of $1 billion. The benchmark has not been examined by Deloitte & Touche LLP. 
     

    Source: ICE Data Indices, LLC. 

    Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

    Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

     

    Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

     

     

    Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

     

     

    About Barron's Best Fund Families
    Source: Barron's, "Best Fund Families of 2024." February 27, 2025. Used with permission. ©2025 Dow Jones & Company, Inc.

    The 2024 Barron’s Best Fund Families List ranks the active management ability of qualifying companies. Rankings are based on the asset-weighted one-year returns as of 12/31/24, excluding 12b-1 fees and sales loads, of a company’s actively managed fund line up in five asset class categories: US Equity, World Equity, Mixed Asset, Taxable Bond, and Tax-Exempt Bond as determined by Barron’s. Overall ranking based on aggregate, weighted score across the five asset categories. Performance data from Refinitiv Lipper.

    Past performance does not guarantee future results. Lord Abbett ranked overall #1 of 48, #6 of 46, and #23 of 46 for the 1- ,5-, and 10-year periods respectively. Lord Abbett ranked #1 of 48 in US Equity, #2 of 48 in Mixed Asset, #2 of 48 in Taxable Bond, and #5 of 48 in Tax-Exempt Bond.

    How We Ranked the Fund Families
    In ranking mutual and exchange-traded funds, our aim is to measure manager skill, independent of expenses beyond annual management fees. That is why we calculate returns before any 12b-1 fees are deducted. Similarly, fund loads, or sales charges, aren’t included in our calculation of returns.

    Each fund’s performance is measured against all of the other funds in its LSEG Lipper category, with a percentile ranking of 100 being the highest and one the lowest. This result is then weighted by asset size relative to the fund family’s other assets in its general classification. If a family’s biggest funds do well, that boosts its overall ranking, and vice versa.

    To be included in the ranking, a firm must have at least three funds in the general equity category, one in world equity, one in mixed equity such as a balanced or target-date fund, two taxable bond funds, and one national tax-exempt bond fund.

    Single-sector and country equity funds are factored into the rankings as general equity. We exclude all index funds, but include actively managed ETFs and so-called smart-beta ETFs, which are passively managed but created from active strategies.

    Finally, the score is multiplied by the weighting of its general classification, as determined by the Lipper universe of funds. The category weightings for 2024 were general equity, 39.1%; mixed asset, 21.6%; world equity, 15.3%; taxable bond,20.1%; and tax-exempt bond, 3.9%.

    The category weightings for the five-year results were general equity, 39%; mixed asset, 21.7%; world equity, 15.3%; taxable bond, 19.9%; and tax-exempt bond, 4%.For the 10-year list, they were general equity, 40%; mixed asset, 22.1%; world equity, 14.8%; taxable bond, 19.2%; and tax[1]exempt bond, 3.9%. The weightings may not total 100 due to rounding.

    How the scoring works: Say a fund in the general U.S. equity category has $500million in assets, accounting for half of the firm’s assets in that category, and its performance lands it in the 75th percentile for the category. The first calculation would be 75 times 0.5, which comes to 37.5. That score is then multiplied by 39.1%, general equity’s overall weighting in Lipper’s universe. So, it would be 37.5 times0.391, which equals 14.66. Similar calculations are done for each fund in our study; then the numbers are added for each category and overall. The shop with the highest total score wins. The same process is repeated to determine the five- and 10-year rankings.

    Select funds to run a Morningstar Hypothetical Report.

    • U.S. Equity
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    • U.S. Equity
    • U.S. Equity
    • U.S. Equity
    • Global & International Equity
    • Global & International Equity
    • Global & International Equity
    • Global & International Equity
    • Global & International Equity
    • Global & International Equity
    • Global & International Equity
    • Multi-Asset
    • Multi-Asset
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Fixed Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income
    • Tax-Free Income

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