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Lord Abbett High Yield Fund Class I (LAHYX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks a high current income and the opportunity for capital appreciation to produce a high total return. The fund normally pursues its investment objective by investing at least 80% of its net assets- plus the amount of any borrowings for investment purposes- in lower-rated debt securities- including corporate debt securities and securities that are convertible into common stock or have warrants to purchase common stock. It may invest up to 20% of its net assets in foreign securities that primarily are traded outside of the U.S. The fund may invest up to 20% of its net assets in municipal securities.


1 month+1.00% 3 years+7.88%
3 months+1.26% 5 years+7.08%
1 year+8.87% Since inception+7.19%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+7.08%+5.14%
Expense ratio0.68%1.05%
Risk 5 year sharpe ratio1.410.99
Net assets$7.1B$1.4B
Average market cap$4.3B$5.3B
Average P/E31.3--
Portfolio turnover104%104%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureSteven Rocco / 6 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


Fixed income91.02%
U.S. stock4.27%
International stock1.14%
Top 5 Sectors
Portfolio weighting
Consumer goods 100.00%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.01%
-- 0.94%
-- 0.92%
-- 0.84%
-- 0.78%
-- 0.71%
-- 0.62%
-- 0.58%
-- 0.56%
-- 0.54%