LUSNX Mutual Fund — Lord Abbett Ultra Short Bond Fund Class A1

Lord Abbett Ultra Short Bond Fund Class A1 (LUSNX)

Updated October 8, 2026.

LUSNX is a Mutual Fund. its distribution rate is 4.01%, its trailing-12-month yield is 3.63%, its expense ratio is 0.54%. Dividend Vision Distribution Safety Score™ is 78/100 (Generally safe). Total return is 22.3% over the past 7.2 years, 167.8 points behind SPY at 190.1%.

At the current 4.01% distribution rate, a $10,000 investment would generate approximately $401 per year, or $33.42 per month.

Lord Abbett Ultra Short Bond Fund Class A is a mutual fund that invests at least 80% of its assets in investment-grade debt securities with the goal of generating income from a portfolio of shorter-duration bonds. The fund carries a current distribution rate in the low-to-mid single digits and has an expense ratio of 0.54%. It appeals to income-focused investors seeking relatively stable returns from investment-grade fixed income with lower interest-rate sensitivity than longer-duration bond funds.

LUSNX performance versus SPY

Price and return data through 2026-10-07.

Total return is 22.3% over the past 7.2 years, 167.8 points behind SPY at 190.1%. Over the past year its total return — price change plus distributions reinvested — is 3.1%. Its deepest 1-year drawdown was 0.4%.

LUSNX key facts

Distribution Safety Score™

78 · Generally safe

Safety-Adjusted Yield

3.13%

Issuer

Lord Abbett

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.54%

Distribution rate

4.01%

Distribution frequency

Monthly

Trailing yield

3.63%

Last close

$9.99 (as of 2026-10-08)

NAV

$9.99 as of 2026-09-30

Premium / discount

0.00% (price 2026-10-08, NAV 2026-09-30) (NAV stale)

AUM

$18,094,909,440

Average volume

0.0

Last dividend

$0.032

Last ex-dividend date

09/30/2026

Beta

0.07

How Dividend Vision calculates yield and returns

Distribution rate (4.01%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.63%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Lord Abbett; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LUSNX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.4%.

Who may consider LUSNX — and who may not

LUSNX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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