Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Lord Abbett High Yield Fund Class I (LAHYX)

7.52
Net Asset Value
0.00%
1 Day
+0.40%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.74%
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 that primarily are traded outside of the U.S. The fund may invest up to 20% of its net assets in municipal securities.

Performance

1 month-0.16% 3 years+8.16%
3 months-0.64% 5 years+8.69%
1 year+2.51% Since inception+7.19%
Data through --

Peer Comparisonvs. High yield bond

 LAHYXCategory
Performance 5-yr return+8.69%+7.61%
Expense ratio0.74%1.10%
Risk 5 year sharpe ratio1.521.26
Net assets$4.2B$1.5B
Average market cap$8.2B$13.8B
Average P/E31.923.6
Portfolio turnover102%102%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureSteven Rocco / 4 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income89.61%
U.S. stock5.66%
Cash2.01%
Other1.99%
International stock0.72%
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
-- 0.64%
-- 0.61%
-- 0.60%
-- 0.57%
-- 0.56%
-- 0.55%
-- 0.55%
-- 0.49%
-- 0.48%
-- 0.46%