Lord Abbett High Yield Fund Class I (LAHYX)

7.49
Net Asset Value
0.00%
1 Day
-3.23%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.69%
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- 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 (including emerging market securities and American Depository Receipts ("ADRs")). The fund may invest up to 20% of its net assets in municipal securities.

Performance

1 month-1.05% 3 years+5.29%
3 months-0.39% 5 years+5.51%
1 year+3.38% Since inception+7.00%
Data through --

Peer Comparisonvs. High yield bond

 LAHYXCategory
Performance 5-yr return+5.51%+3.82%
Expense ratio0.69%1.04%
Risk 5 year sharpe ratio1.070.74
Net assets$6.8B$1.3B
Average market cap$8.4B$7.7B
Average P/E31.6--
Portfolio turnover93%93%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureSteven Rocco / 7 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income93.13%
U.S. stock4.15%
Other1.96%
International stock0.67%
Cash0.08%
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
-- 0.92%
-- 0.84%
-- 0.81%
-- 0.81%
-- 0.81%
-- 0.60%
-- 0.58%
-- 0.57%
-- 0.56%
-- 0.56%