Lord Abbett High Yield Fund Class I (LAHYX)

7.66
Net Asset Value
+0.26%
1 Day
+2.27%
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+2.76% 3 years+8.89%
3 months+2.56% 5 years+9.76%
1 year+4.26% Since inception+7.09%
Data through --

Peer Comparisonvs. High yield bond

 LAHYXCategory
Performance 5-yr return+9.76%+7.86%
Expense ratio0.75%1.12%
Risk 5 year sharpe ratio1.401.22
Net assets$4.0B$1.4B
Average market cap$7.1B$11.3B
Average P/E31.222.0
Portfolio turnover102%102%

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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 income88.13%
U.S. stock4.71%
Cash3.98%
Other2.38%
International stock0.80%
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
-- 0.65%
-- 0.63%
-- 0.59%
-- 0.58%
-- 0.57%
-- 0.52%
-- 0.50%
-- 0.48%
-- 0.47%
-- 0.47%

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