There are currently no items in this Watchlist. Individual investors include, current investors; prospective investors, and plan administrators. Totals may not add up to 100% due to rounding. The USG & GSE Money Market Fund A share rankings within the Lipper Short Investment Grade Debt Funds Funds Average as of 12/31/2019 for the one-year time period was 16% (56/365); five-year, 9% (24/273); and 10-year, 6% (9/175). View Portfolio . This site is protected by reCAPTCHA and the Google Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested. Resources. EN This chart tracks a Class A share investment over the last 20 years, or, since inception date if the fund has been in existence under 20 years. information, Lipper Category Avg. The Fund invests in A or better-rated securities only. Please enable JavaScript to use lordabbett.com, The performance quoted represents past performance, which is no indication of future results. Without such fee waivers or expense limitation arrangements, the Funds 7 Day Yield would have been lower. Annualized return as of 03/31/2023, Limited Term Tax-Exempt Bond Fund of America. Please view our other fund Resources & 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. For more information please call 800-269-8810. A LIHTC can subsidize either 30 percent or 70 percent of the costs to create low-income units in a development project. 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. The Morningstar Rating is a quantitative rating based on a fund's past performance. The fund may invest in securities of issuers of any market capitalization. Select funds to run a Morningstar Hypothetical Report. Lipper Funds Average ranking reflect all share classes within the category and are based on total return and do not reflect the effect of sales charges. The fund may invest in futures, options, forward contracts, and swaps, among other derivative instruments. Privacy Policy. Refinitiv Lipper 2022. Unlock our full analysis with Morningstar Investor. One of the most important parts of a fund factsheet is the "investment objective". Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. Which type of investor describes you best? Cookie Notice (). Allocations subject to change. DE Therefore, there can be no assurance of future results. All funds must have a track record of at least one year. Without such fee waivers/reimbursements, performance would have been lower. For the best MarketWatch.com experience, please update to a modern browser. The Fund could experience losses if these judgments prove to be incorrect. 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. When autocomplete results are available use up and down arrows to review and enter to select. Hear the latest economic, business and market news, as well as global, national, and local news. The fund uses a bottomup investment methodology for equity securities selection that relies extensively on fundamental research to identify companies with strong growth prospects and/or attractive valuations, without regard to a benchmark. We sell different types of products and services to both investment professionals and individual investors. Limited Term Tax-Exempt Bond Fund of America (LTEBX), Sign up for paperless delivery of documents, Lipper Short-Intmdt Municipal Debt Privacy Notice | Management Risk. The Parent Pillar is our rating of LCLAXs parent organizations priorities and whether theyre in line with investors interests. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388. With a focus on quality, the strategy typically invests in a broad spectrum of investment-grade municipal bonds with maturities between three and 10 years. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the worlds largest providers of financial markets data and infrastructure. Years of Experience with Investment Industry. Current performance may be higher or lower than the performance quoted. Past performance is not indicative of future results. Current performance may be higher or lower than the performance data quoted. As a result of its trading strategy, the Fund expects to engage in frequent portfolio transactions that will likely result in higher portfolio turnover and commissions than many investment companies. Information regardingany fee waivers or expense limitation arrangements applicable to the Fund is provided with the Funds expense ratio information. This portion of the Invesco website is specifically prepared for institutional investors in the US. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Knowing your investable assets will help us build and prioritize features that will suit your investment needs. Gear advertisements and other marketing efforts towards your interests. Quarterly Fund Fact Sheet (PDF) 01/23. The most recent twelve months of information from the Fund's month-end schedules of portfolio holdings on Form N-MFP may be obtained, 60 days after the end of the month to which the information pertains, from the U.S. Securities and Exchange Commission's website,at the following link:Reports on Form N-MFP. N/As may appear until data is available. Market open. 2023 CNBC LLC. The market values of the Funds investments, and therefore the value of the Funds shares, will go up and down, sometimes rapidly or unpredictably. 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 fund's investment adviser to be of equivalent quality. 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. 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. Credit-card balances have hit historic highs. Collateral Loan Obligations (CLOs) and collateralized debt obligations (CDOs) are securities backed by an underlying portfolio of loan and debt obligations and the risks depend largely on the types of those underlying holdings. Aayush Sonthalia. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. S&P 600 Index Fund - DC - Non-Lending. As a group, securities that pay high dividends may fall out of favor with investors and underperform companies that do not pay high dividends. The fund may invest in securities of any market capitalization. 1 Morningstar Category: Intermediate Core-Plus Bond Category LCTIX | LCTRX| Updated as of March 31st, 2023. Funds Average. There may be less public information available about foreign companies than U.S. companies, making it difficult to evaluate those foreign companies. An investment in the fund could lose money over short or even long periods. Past performance does not guarantee future results. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. 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. These factors can affect the performance of the Fund. The Fund seeks to provide long-term growth of capital. 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. This index is the funds benchmark. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. This risk is actually greater for longer-term debt securities. Morningstar has awarded the Fund a Silver medal (Effective 12/20/2022). ANNUALIZED PERFORMANCE 25 Tips Every Mutual Fund Investor Should Know, 7 Questions to Ask When Buying a Mutual Fund. We can help you access a variety of investing opportunities as you pursue your financial goals. Investment by the fund in lower-rated and nonrated securities presents a greater risk of loss of principle and interest than higher-rated securities. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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. A strong management team and sound investment process underpin ClearBridge Select A's Morningstar Quantitative Rating of Bronze. Foreign companies generally may be subject to less stringent regulations than U.S. companies, including financial reporting requirements and auditing and accounting controls, and may therefore be more susceptible to fraud or corruption. Most floating-rate funds invest in junk bonds. February 1, 2023. This explains what the. Invests primarily in state, municipal and public authority bonds and notes rated in the top four categories. Performance calculations beginning March 19, 2020 reflect the deduction of the net expense ratio. The Fund seeks to provide long-term growth of capital. Returns shown at less than a year reflect aggregate total returns. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities. The Fund's Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund operating expenses until 4/30/23. Prospectus (PDF) 10/22. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the worlds largest providers of financial markets data and infrastructure. The risks associated with an investment in the Fund can increase during times of significant market volatility. High-dividend stocks may not experience high earnings growth or capital appreciation. 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