Lord Abbett High Yield Fund Class I (LAHYX)

7.79
Net Asset Value
+0.13%
1 Day
-0.64%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Average
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 (commonly referred to as "high yield" or "junk" bonds), including corporate debt securities and convertible securities. 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. It also may invest in senior loans.

Performance

1 month-1.66% 3 years+11.39%
3 months-1.55% 5 years+10.66%
1 year+6.62% Since inception+7.33%
Data through --

Peer Comparisonvs. High yield bond

 LAHYXCategory
Performance 5-yr return+10.66%+9.39%
Expense ratio0.75%1.13%
Risk 5 year sharpe ratio1.641.47
Net assets$3.6B$1.6B
Average market cap$6.6B$10.8B
Average P/E28.019.0
Portfolio turnover108%108%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureSteven Rocco / 3 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income91.88%
U.S. stock3.96%
Other2.59%
Cash1.08%
International stock0.49%
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
-- Sprint 144A 7.875%1.62%
-- First Data 12.625%0.80%
-- Seven Generations Engy 144A 8.25%0.71%
-- Dish Dbs 5.875%0.63%
-- Intelsat Luxembourg S A 7.75%0.62%
-- Alliance Data Sys 144A 6.375%0.61%
-- Sabine Pass Liquefaction 144A 6.25%0.60%
-- Engy Future Inter Hldg Co Ll 144A 11.75%0.56%
-- Hema Bondco I B.V. 6.25%0.55%
-- Amc Networks 4.75%0.48%

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