Lord Abbett Short Duration Income I
LLDYX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Douglas Sieg
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Jersey City, NJ 7302 Jersey City NJ United States of America 07302
- IPO Date
- Oct 18, 2004
- CIK
- 0000911507
- Website
- lordabbett.com
- Similar Companies
- Business
- Lord Abbett Short Duration Income Fund Class I (LLDYX) is an actively managed mutual fund offered by Lord, Abbett & Co. LLC that seeks a high level of current income consistent with the preservation of capital by investing primarily in short-duration debt securities. The fund allocates at least 65% of its net assets to investment grade debt securities, including corporate debt securities of U.S. issuers, corporate debt securities of non-U.S. issuers denominated in U.S. dollars, mortgage-backed securities, mortgage-related and other asset-backed securities, securities issued or guaranteed by the U.S. government and its agencies, and inflation-linked investments; it also invests in high yield corporate bonds, collateralized loan obligations, commercial mortgage-backed securities, bank loans, sovereign debt, convertible bonds, municipals, and cash equivalents. As of November 2025, the fund holds 1069 issues with total net assets of $42.90 billion, an average effective duration of 1.84 years, average maturity of 2.12 years, and average yield to maturity of 4.80%. Lord, Abbett & Co. LLC, founded in 1929 and headquartered in Jersey City, New Jersey, manages the fund and operates globally with offices in Dubai, Dublin, London, Montevideo, Singapore, Tokyo, and Zurich, serving institutional and individual investors through mutual funds and other vehicles with approximately $244 billion in assets under management as of September 2025. In December 2025, Lord Abbett made a strategic investment in IMTC, a fintech platform for fixed income portfolio management, marking its first equity stake in a fintech partner as part of IMTC's $12 million Series A funding round led by Nyca Partners. In June 2024, the firm formed a joint venture with Stifel Financial Corp. called SBLA Private Credit, focusing on leveraged lending to small- and mid-sized companies backed by private equity firms. Lord Abbett continues to expand its fixed income capabilities, announcing plans for U.S. collateralized loan obligation management in 2025, appointing new partners and senior managing directors in September 2025, and earning recognition as a top fund family by Barron's in February 2025.