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Lord Abbett Core Fixed Income Fund (LCRYX)

9.13
-0.01
(-0.11%)
At close: 8:01:26 PM EDT

Fund Summary

The fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities of various types. The manager expects to invest in derivatives consisting principally of futures, forwards, options, and swaps. It may use derivatives to seek to enhance returns, to attempt to hedge some of its investment risk, to manage portfolio duration, as a substitute for holding the underlying asset on which the derivative instrument is based, or for cash management purposes.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 8.18%
Worst 1Y Total Return --
Number of Years Up 21
Number of Years Down 5

Performance & Risk

YTD Return 1.95%
5y Average Return -0.16%
Rank in Category (ytd) 58
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.97
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
LCRYXCategory AverageLCRYXCategory AverageLCRYXCategory Average
Alpha -0.11 0 0.6 0 0.06 0
BETA 0.97 0.01 0.97 0.01 0.97 0.01
Mean Annual Return 0.18 0 0.02 0 0.14 0
R-squared 99.3 0.84 98.8 0.86 97.66 0.86
Standard Deviation 7.12 0.04 6.17 0.03 4.93 0.03
Sharpe Ratio -0.35 0.01 -0.43 0.01 -0.06 0.01
Treynor Ratio -2.87 0.07 -2.91 0.02 -0.41 0.03

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