Lord Abbett Ultra Short Bond Fund
LORD ABBETT INVESTMENT TRUST · Series S000055282 · 7 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
The Funds investment objective is to seek current income consistent with the preservation of capital.
The fund invests in short-duration, investment-grade debt securities across corporate, government, mortgage-backed, and asset-backed instruments, with a focus on relative value; it concentrates more than 25% of assets in the financial services industry under normal conditions. The portfolio management team employs top-down macroeconomic analysis combined with bottom-up security selection to identify undervalued opportunities, and may actively rotate sector exposure and trade frequently. Because the fund purchased securities rated investment grade may subsequently be downgraded to below-investment-grade status, it may hold junk bonds involuntarily. The fund is not a money market fund and does not guarantee a stable share price despite its short-term focus.
| Share class | Expense ratio |
|---|---|
| LUBAX | 0.44% |
| LUBFX | 0.39% |
| LUBYX | 0.29% |
| LUBVX | 0.29% |
| LUBWX | 0.24% |
| LUBOX | 0.24% |
| LUSNX | 0.54% |
Portfolio turnover 72.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 55.32% |
| Securitized | 29.75% |
| Cash & short-term | 11.96% |
| Loans | 3.94% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury, VISTRA CORP, WELLS FARGO & COMPANY, RWE AG, The AES Corp, Brunswick Corp, ING GROEP NV, MACQUARIE AIRFINANCE HLD
Largest exited: United States Treasury, Ovintiv Inc, Crown Castle Inc, HCA Inc, GOLDMAN SACHS GROUP INC, ROYAL CARIBBEAN CRUISES, CBRE SERVICES INC, BANK OF AMERICA CORP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +4.29% | +16.57% | +18.45% | 0.44% | 0.00% | |
| +4.32% | +16.75% | +18.79% | 0.46% | 0.00% | |
| +4.44% | +17.11% | +19.41% | 0.46% | 0.00% | |
| +4.44% | +17.12% | +19.44% | 0.44% | 0.00% | |
| +4.51% | +17.27% | +19.66% | 0.44% | 0.00% | |
| +4.51% | +17.27% | +19.65% | 0.46% | 0.00% | |
| +4.18% | +16.24% | +17.93% | 0.44% | 0.00% |
These classes hold the same portfolio, so the 1.73pp spread over 5 years is the cost difference between them — roughly 0.35pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 72.2% |
| Floating rate | 27.0% |
| Zero-coupon or unclassified | 0.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 19.3% |
| 1-3y | 60.8% |
| 3-5y | 6.4% |
| 5-10y | 6.8% |
| 10y+ | 6.7% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 51% |
| Interest rates | 49% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.68 yr |
| High yield | +0.06 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.11 yr | 15% |
| 1 yr | 0.51 yr | 72% |
| 5 yr | 0.09 yr | 12% |
| 10 yr | 0.00 yr | 0% |
| 30 yr | 0.00 yr | 0% |
| 3 mo | 0.11 yr | 15% |
| 1 yr | 0.52 yr | 71% |
| 5 yr | 0.09 yr | 13% |
| 10 yr | 0.01 yr | 1% |
| 30 yr | 0.00 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.11 | +0.11 | +0.01 | $176.9k | $10.1k |
| 1 yr | +0.51 | +0.48 | +0.04 | $796.9k | $63.2k |
| 5 yr | +0.09 | +0.08 | +0.01 | $136.8k | $17.7k |
| 10 yr | +0.00 | +0.01 | +0.00 | $10.5k | $29 |
| 30 yr | +0.00 | +0.00 | +0.00 | $2.9k | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury3.38% · due 2028-02-29 | 2.13% | $352.52M | — |
| — | GOLDMAN SACHS GROUP INC1.95% · due 2027-10-21 | 0.98% | $162.10M | — |
| — | SANTANDER UK GROUP HLDGS1.67% · due 2027-06-14 | 0.96% | $158.18M | — |
| — | VISTRA CORP5.00% · due 2027-07-31 | 0.89% | $147.29M | — |
| — | CITIGROUP INC3.89% · due 2028-01-10 | 0.73% | $120.48M | — |
| — | WELLS FARGO & COMPANY5.71% · due 2028-04-22 | 0.72% | $119.41M | — |
| — | RWE AG | 0.72% | $119.00M | — |
| — | CITIGROUP INC3.07% · due 2028-02-24 | 0.67% | $111.11M | — |
| — | SOCIETE GENERALE2.80% · due 2028-01-19 | 0.62% | $102.12M | — |
| — | MORGAN STANLEY4.21% · due 2028-04-20 | 0.60% | $98.93M | — |
Top 10 positions are 9.01% of net assets, top 25 16.19%, across 352 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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