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

Lord Abbett Ultra Short Bond Fund Class A1 (LUSNX)

Updated October 15, 2026.

LUSNX is a Mutual Fund. its distribution rate is 3.81%, 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, 165.8 points behind SPY at 188.1%.

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 2026-10-15.

Total return is 22.3% over the past 7.2 years, 165.8 points behind SPY at 188.1%. 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

2.97%

Issuer

Lord Abbett

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.54%

Distribution rate

3.81%

Distribution frequency

Monthly

Trailing yield

3.63%

Last close

$9.99 (as of 2026-10-15)

NAV

$10.43 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-15, NAV 2026-09-30) (NAV stale)

AUM

$18,094,909,440

Average volume

0.0

Dividend

$0.032

Ex-dividend date

09/30/2026

Beta

0.07

How Dividend Vision calculates yield and returns

Distribution rate (3.81%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.63%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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

LUSNX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. 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.

More on LUSNX

• All tickers starting with L

Tagged: Mutual Fund.

Frequently asked questions

More securities from Lord Abbett.