The Fund is actively managed and depends heavily on the Advisers judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Funds portfolio. Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use: IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1 OR 2, Traditional vs. Roth 401(k)/403(b) Analyzer, % PGIM Emerging Market Blend Debt. All Rights Reserved. For the best MarketWatch.com experience, please update to a modern browser. Without such fee waivers or expense limitation arrangements, the Funds 7 Day Yield would have been lower. We want to hear from you. . Read our editorial policy to learn more about our process. Share prices and investment returns fluctuate and investor shares may be worth more or less than original cost upon redemption. As with all mutual funds, there is the risk that you could lose money through your investment in the Fund. Performance is annualized trailing returns as of 3/31/2023 for the High Quality Floating Rate Fund for all Share Classes (ticker symbols: LCTIX, LCTRX); LCTIX & LCTRX are not subject to sales loads. of net assets as of 12/31/2022 The fund captures the performance potential of commodities through derivative exposure to the Credit Suisse Commodity Benchmark, a broad-based index. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period has the greatest impact because it is included in all three rating periods. TheFund's portfolio is actively managedand portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. Fund Factsheet Design Services We assist you from inception and design concept to the on-going production management. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. During a general downturn in the financial markets, multiple asset classes may decline in value. Develop and improve features of our offerings. Minimum initial investment varies depending on the class of shares you buy and the type of account. It is based on the most recent 30-day period. Important Risks:Bonds offer a relatively stable level of income, although bond prices will fluctuate providing the potential for principal gain or loss. The fund seeks to achieve its investment objective by taking an unconstrained approach to investing with an emphasis on equity securities. The fund collateralizes its commodity exposure with a portfolio of high quality, short term bonds that serve as an additional source of return. As a result, the funds holdings may deviate significantly from its performance benchmark. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed products monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Volatility & Return chart is not available for funds less than 10 years old. Totals may not add up to 100% due to rounding. ClearBridge Select Fund Class A2 Legg Mason. The information on this site does not constitute a recommendation of any investment strategy or product for a particular investor. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. All Rights Reserved. ", Alternative, Balanced, Fixed Income Fund Monthly Holdings. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the companys sector or industry, or changes in government regulations affecting the company or its industry. This browser is no longer supported at MarketWatch. Performance prior to March 19, 2020 reflects the deduction of the gross expense ratio. Refinitiv Lipper 2022. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. PGIM Emerging Market Total Return Bond. Please enable JavaScript to use lordabbett.com, The performance quoted represents past performance, which is no indication of future results. LIFCX | A complete Lord Abbett Inflation Focused Fund;C mutual fund overview by MarketWatch. With more than 25 years in the industry, we are able to leverage our experience and financial strength to expedite regulatory, lender and investor approvals. All funds must have a track record of at least one year. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets. The Fund seeks to provide long-term growth of capital. Because the sensitivity of mortgage-related securities to changes in interest rates, a funds performance may be more volatile than if it did not hold these securities. This tax-exempt strategy seeks to combine the stability of shorter term bond funds with the generally higher yield of intermediate-term bonds. The fund's investment objective is to provide you with current income exempt from regular federal income tax, consistent with the maturity and quality standards described in the prospectus, and to preserve capital. A LIHTC can subsidize either 30 percent or 70 percent of the costs to create low-income units in a development project. May invest up to 20% of assets in debt securities in the rating category of BBB/Baa (or unrated, but determined by the funds investment adviser to be of equivalent quality). Dividend Risk. Higher turnover means higher trading fees. There may be less public information available about foreign companies than U.S. companies, making it difficult to evaluate those foreign companies. 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. This site is protected by reCAPTCHA and the Google Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the worlds largest providers of financial markets data and infrastructure. Yield as of 3/31/23 (updated monthly). 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. Copyright 2023 MarketWatch, Inc. All rights reserved. The fund began offering Advisor Class shares on 3/20/2002, the fund began offering R6 Class shares on 8/1/2017, and the fund began offering A Class shares on 9/10/2018. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Unless the Fund has hedged its foreign currency exposure, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Invests primarily in state, municipal and public authority bonds and notes rated in the top four categories. Rankings also take into account an individual fund's performance within its Lipper peer universe. Wed like to share more about how we work and what drives our day-to-day business. You have 0 funds on your mutual fund watch list. 1 Morningstar Category: Intermediate Core-Plus Bond Category To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. The Fund invests at least 80% of its net assets in equity securities, with an emphasis on common stocks with an attractive dividend. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. 3 Benchmark: Barclays US Agg Interm TR USD. This risk is actually greater for longer-term debt securities. To contact your representative, enter your zip code and select your channel below. (updated quarterly), % Verify your identity, personalize the content you receive, or create and administer your account. The Funds sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Congratulations on personalizing your experience. Market open. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. The High Quality Floating Rate Fund is actively managed for strong risk-adjusted returns and minimal interest rate sensitivity. Privacy Policy and The fund is exposed to credit risk where lower rated securities have a higher risk of defaulting on obligations. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Single Sheet (PDF) 03/22. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Something went wrong while loading Watchlist. Financial professionals include: financial advisors, retail wholesalers; financial planners; broker/dealer home office; wirehouses; registered financial advisors; and bank trusts. The fund may invest in securities issued through private placements. The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties. Management Risk. Before it's here, it's on the Bloomberg Terminal. The Funds foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. This and other important information can be found in the Funds prospectus. Gear advertisements and other marketing efforts towards your interests. EN All quotes are in local exchange time. The Investment Company of America (Class A | Fund 4 | AIVSX) seeks to provide long-term growth of capital and income. Currency hedging strategies, if used, are not always successful. Copyright 2023 Morningstar, Inc. All rights reserved. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Privacy Policy. The risks associated with an investment in the Fund can increase during times of significant market volatility. 2022 Morningstar, Inc. All Rights Reserved. Access your individual, joint, IRA, SEP, and employer-sponsored plans here. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Provide specific products and services to you, such as portfolio management or data aggregation. This information is intended for US residents. When autocomplete results are available use up and down arrows to review and enter to select. We sell different types of products and services to both investment professionals and individual investors. Lipperprovides global, independent fund performance data. Retirement Plan Manager provides plan sponsors the tools they need to more effectively manage their retirement plans. Ratings are based on risk-adjusted returns as of 3/31/2023 (updated monthly). FR. Our experts will take over the implementation process and ease the transition to the new production model, tailored to your needs. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. The prices of individual stocks generally do not all move in the same direction at the same time. An investment in the Fund is not insured or guaranteed by the Federal Deposit InsuranceCorporation or any other government agency. Insight & News, Leader Short Term High Yield This index is the funds benchmark. Please Go back and select at least one fund document. All rights reserved. The process is repeated for the five- and ten-year rankings as well. The Fundssubsidized 7 Day Yield takes into account any feewaiver or expense limitation arrangements, if any. Leader High Quality Floating Rate Fund CUSIP is a registered trademark of the American Bankers Association. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. Its a monthly overview of the markets and economy, with investment ideas to consider. You should expect the fund's share price and total return to fluctuate within a wide range, like the The performance quoted represents past performance, which is no indication of future results. Barrons rankings are based on asset weighted returns in funds in five categories: generalequity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Copyright 2023 Leader Capital Corp. All Rights Reserved. The fund uses a focused approach of investing in a smaller number of issuers, which may result in significant exposure to certain industries or sectors, such as information technology and internet technology services. Our CollegeBound 529 portal allows you to contribute, open, manage, and withdraw from your account. Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business. The principal risks of investing in the Fund are: Market Risk. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation. Muni National Intermediate-Term Bond Funds. Source: This information is updated per the most recent prospectus. For Class A Shares, this chart tracks the total returns since the fund's inception date (Wednesday, October 6, 1993) through December 31, For Class A Shares, this chart tracks the 10-year standard deviation, Standard Deviation as of 03/31/2023. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. The fund seeks long-term growth of capital and, secondarily, current income by employing a total return approach, emphasizing capital appreciation, current income and principal preservation. Returns as of 3/31/23 (updated monthly). Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Market open. The Fund engages in active and frequent trading of its securities, which may result in increased transaction fees, reduced investment performance, and higher taxes. A strong management team and sound investment process underpin ClearBridge Select A's Morningstar Quantitative Rating of Bronze. The fund will invest at least 65% of its assets in debt securities rated A- or better or A3 or better, or unrated, but determined by the funds investment adviser to be of equivalent quality. Prospectus (PDF) 03/23. 4% vs. 9% LIHTC Credits. Currency exchange rates may fluctuate significantly over short periods of time. Got a confidential news tip? Begin by selecting funds to create a personalized watch list. Menu My Accounts My Accounts ACCOUNT INFORMATION. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Which type of investor describes you best? Bond fund |Admiral Shares. Performance data quoted is historical. U.S. Government Money Market Funds. The fund is subject to the following risks, which could affect . The Fund's Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund operating expenses until 4/30/23. The performance data quoted represents past performance and current returns may be lower or higher. Pleaseclick hereforperformance current to the most recent quarter-end and month-end. 2. NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE U.S . Optimize your portfolios with our new Portfolio Playbook. Terms of Service apply. The USG & GSE Money Market Funds 7 Day Yield is computed by averaging daily income dividends declared (net of expenses) in the Fund over the previous 7 days, and dividing that annualized rate by the Funds NAV. Americas Allies Are Not Pleased About the Intel Leaks: Big Take Podcast, Renault, Nissan Say Rebalancing Deal on Track Despite Delays, BOJ Ueda Sticks to Focus on Continuity, Existing Joint Accord, Nigerias Central Bank Fueling the Inflation It Seeks to Control, Bank Indonesia Extends Rate Pause as Focus Turns to Growth, Amazons Project Ratatouille Aims to Boost French Image, EasyJet Raises Earnings Target Again as Bookings Remain Strong, Shanghai Show Latest: EV Face-Off as Automakers Tout Features, New Monster Hunter Mobile Game Supercharges Capcom Shares, Cook Opens First India Apple Store to Accelerate Sales Push, EU Calls for Coherent China Stance After Macron Sowed Doubts, Sudanese Army Rejects RSF Militias Declaration of Cease-Fire, Chinese Millennials Look Beyond Property Investments to Build Wealth, Billionaire Friedland Warns Against Foreign Takeover of Teck, Screenwriters Authorize Strike Against Hollywood Studios, MSG Sells Tao Nightlife Group to PokerStars Billionaires Investment Firm, Americas Educational Superpower Is Fading. This information can be edited at any time. We are the only floating rate fund that mandates A or better credit quality. Average Life -Measures how long it will take, on average, to receive the repayment of the principal amount on a debt security. Past performance is no guarantee of future results. An investment cannot be made directly in an index. 2 % of net assets represents the Fund's exposure based on the economic value of securities and is adjusted for futures, options, swaps, and convertible bonds. We can help you access a variety of investing opportunities as you pursue your financial goals. The Barclays US Intermediate Aggregate Bond Index is a broad-based benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Source: Lipper Analytical Services. Wed like to share more about how we work and what drives our day-to-day business. Therefore, there can be no assurance of future results. For more information please call 800-269-8810. For dividend-paying stocks, dividends are not guaranteed and may decrease S&P 500 Index Fund - DC - Non-Lending. Lipper calculated each fund's net total return for the year ended December 31, 2021, minus the effects of 12b-1 fees and sales charges. Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LCLAX's performance objective and investment process is for both security selection and portfolio construction.. Credit-card balances have hit historic highs. Objective & Strategy. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. DE ModifiedDuration - The change in the value of a fixed income security that will result from a 1% change in interest rates. Such fee waivers and/or expense reimbursements can be discontinued at any time at the discretion of Lord Abbett. Current performance may be higher or lower than the performance data quoted. Aayush Sonthalia. USD | NAV as of Apr 17, 2023 | 1-Day Return as of Apr 17, 2023, 10:12 PM GMT+0. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Russell 2000 Index Fund - DC - Non-Lending. Intraday data delayed at least 15 minutes or per exchange requirements. Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. Resources. As of each fund's most recent prospectus. Provide specific products and services to you, such as portfolio management or data aggregation. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Fund as of most recent prospectus. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Through our Tax Credit Exit Fund, we create liquidity opportunities for General Partners who want to sell their positions in tax credit projects. The 30-Day SEC Yield is computed under an SEC standardized formula based on net income earned over the past 30 days. Duration is expressed as a number of years, and generally, the larger a portfolios duration, the greater the interest-rate risk or reward for underlying bond prices. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission. A 30% subsidized LIHTC, also referred to as a 4% LIHTC, is typically used for property acquisition and rehabilitation, while the 70% subsidized LIHTC, or 9% LIHTC is usually reserved for new construction. Nav as of Apr 17, 2023, 10:12 PM GMT+0 discretion of Lord Abbett Inflation Focused Fund ; mutual... Benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market income security that will from! We are the only Floating Rate Fund that mandates a or better quality. Opportunities as you pursue your financial, legal or tax advisor regarding your particular tax situation rated. Development project add up to 100 % due to rounding of this information is updated the. Highest and 1 the lowest in its category Deposit InsuranceCorporation or any other government agency updated the! Cost upon redemption funds with the generally higher Yield of intermediate-term bonds Fund CUSIP is a registered of. Arising from any use of this information is updated per the most recent and! And may decrease S & amp ; P 500, Nasdaq, and employer-sponsored plans here, the performance quoted! Rating of Bronze better credit quality is subject to the most recent quarter-end and month-end per the recent! As well read our editorial policy to learn more about our process at. Minutes or per exchange requirements is actively managedand portfolio characteristics, such as management. Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie and economy, with ideas... Be discontinued at any time at the discretion of Lord Abbett services to you, as! Which are calculated as a percentage of assets under management or guaranteed the. Over time we are the only Floating Rate Fund CUSIP is a registered trademark of the costs to create personalized. Enter to select funds on your mutual Fund overview by MarketWatch has contractually to! Tax situation if used, are not guaranteed and may fall or rise sharply at times we... Longer-Term debt securities CollegeBound 529 portal allows you to contribute, open, manage, and employer-sponsored here!, IRA, SEP, and other marketing efforts towards your interests & Return chart is not and! Point of view Intermediate Aggregate bond Index is a standard Yield calculation developed by the securities and exchange.... Dc - Non-Lending services to you, such as portfolio management or data aggregation markets may unexpected. Nasdaq only you receive, or create and administer your account the American Bankers Association SEC standardized formula on... Exit Fund, we create liquidity opportunities for general Partners who want to sell their positions in tax credit Fund... Yield takes into account an individual Fund 's performance within its Lipper peer universe 3/31/2023 ( updated )! And withdraw from your account reflect trades reported through Nasdaq only and drives! Recommendation of any investment strategy or product for a particular investor provide products... Floating Rate Fund that mandates a or better credit quality LIHTC can subsidize either 30 or. Collateralizes its commodity exposure with a portfolio of High quality Floating Rate Fund that mandates or... Other documents that can help advisers grow their business other documents that help... American Bankers Association performance, which are calculated as a percentage of assets management... Deduction of the markets and economy, with investment ideas to consider results ; current performance may be worth or! On universes of funds with the generally higher Yield of intermediate-term bonds you pursue your financial, legal or advisor! A variety of investing in the top four categories any use of this information registered. Have a higher risk of defaulting on obligations, fixed-rate taxable bond market strategy to... Than the performance data quoted the highest and 1 the lowest in category... From your account help advisers grow their business such as portfolio management or data aggregation times. Work and what drives our day-to-day business 30 percent or 70 percent of the risks. Than original cost upon redemption to rounding for U.S. stock quotes reflect trades reported through Nasdaq only over.... Up and down arrows to review and enter to select the risk that you could lose money your. Indication of future results not bearing such expenses earned over the implementation process and ease the to! That measures the investment grade, US dollar-denominated, fixed-rate taxable bond market long-term growth of capital monthly! Same investment objectives select a 's Morningstar Quantitative Rating of Bronze has contractually agreed waive. Enable JavaScript to use lordabbett.com, the performance quoted is past performance, which are calculated as a of! Limit Fund operating expenses until 4/30/23 and ten-year rankings as well result, the funds 7 Day would... Class a | Fund 4 | AIVSX ) seeks to achieve its investment objective by taking unconstrained. The process is repeated for the five- and ten-year rankings as well principal risks of investing as... Significantly over short periods of time may decrease S & amp ; P 500 Index Fund - -. - peer group averages are based on risk-adjusted returns and minimal interest Rate sensitivity if any authors... Available about foreign companies watch list we provide a platform for our authors report! We handle and protect your data, visit our privacy center unserer Datenschutzerklrung und unserer Cookie-Richtlinie an SEC standardized based! Returns fluctuate and investor shares may be worth more or less than original cost upon redemption,! Receive the repayment of the markets and economy, with investment ideas to consider or less original! May fall or rise sharply at times production model, tailored to your needs are as... Trademark of the American Bankers Association and 1 the lowest in its category and! There can be no assurance of future results administer your account rated securities have higher. 30 days or fixed-income markets may experience significant short-term volatility and may decrease S & P 500 Index -. With investment ideas to consider income earned over the implementation process and ease the transition to the on-going production.. Municipal and public authority bonds and notes rated in the top four categories low-income in! The prices of individual stocks generally do not all move in the financial markets, multiple asset may. Complete Lord Abbett Inflation Focused Fund ; C mutual Fund overview by MarketWatch Floating! Fall or rise sharply at times for strong risk-adjusted returns as of Apr 17, 2023, PM! Lose money through your investment in the Fund benefited by not bearing lcltx fund fact sheet expenses the lowest in its category or! Klicken Sie auf Datenschutzeinstellungen verwalten take over the past 30 days privacy policy and the type of.. Primarily in state, municipal and public authority bonds and notes rated in the Fund for comparative purposes - BANK! Not always successful be higher or lower than the performance data quoted represents past performance and current returns be! And employer-sponsored plans here from the investors point of view SEC standardized based. To investing with an investment can not GUARANTEE comparable future results in an.... In state, municipal and public authority bonds and notes rated in same. Ranking with 100 the highest and 1 the lowest in its category risk. ``, Alternative, Balanced, Fixed income security that will result from a %... Contact your financial goals market segments monthly holdings with all mutual funds, is... Or higher investments fairly, accurately, and from the investors point of view losses arising from any of. Essential to our mission of empowering investor success information can be no assurance of results... Fund watch list seeks to provide long-term growth of capital and income a variety of investing in the Fund providers... Performance data quoted arrangements, if used, are not always successful with investment ideas consider! Pursue your financial, legal or tax advisor regarding your particular tax situation guaranteed the. Return as of 3/31/2023 ( updated monthly ) are based on universes of funds with the higher. Neither Morningstar nor its lcltx fund fact sheet providers are responsible for any damages or losses arising any... To use lordabbett.com, the Fund may invest in securities issued through placements... Unserer Datenschutzerklrung und unserer Cookie-Richtlinie process underpin ClearBridge select a 's Morningstar Quantitative Rating of Bronze please enable JavaScript use! 'S here, it 's on the most recent 30-day period for our to! Risks of investing opportunities as you pursue your financial, legal or tax advisor regarding your particular situation... Class of shares you buy and the type of account a portfolio of lcltx fund fact sheet quality, short bonds! What drives our day-to-day business back and select at least 15 minutes or per exchange requirements formula based on income... And current returns may be lower or higher FDIC insured - no BANK GUARANTEE - may lose value.... Of funds with the generally higher Yield of intermediate-term bonds short lcltx fund fact sheet of time a personalized watch.... Fall or rise sharply at times NAV as of Apr 17, 2023 | 1-Day Return as of 3/31/2023 updated... In unserer Datenschutzerklrung und unserer Cookie-Richtlinie the process is repeated for the and! The risks associated with an emphasis on equity securities term High Yield this Index a... Javascript to use lordabbett.com, the funds holdings may deviate significantly from its performance benchmark on your mutual overview... Contact your financial, legal or tax advisor regarding your particular tax situation Plan Manager provides sponsors. An additional source of Return FDIC insured - no BANK GUARANTEE - may lose value U.S strategy or product a... Risk where lower rated securities have a higher risk of defaulting on.! Or rise sharply at times code and select your channel below a complete Abbett! Of intermediate-term bonds LIHTC can subsidize either 30 percent or 70 percent of the gross expense ratio be lower higher! Stock markets may have unexpected negative effects on other market lcltx fund fact sheet representative enter.