Lord Abbett High Yield Fund Class I (LAHYX)

7.47
Net Asset Value
-1.97%
1 Day
-4.72%
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-2.06% 3 years+10.09%
3 months-2.75% 5 years+9.44%
1 year+3.44% Since inception+7.24%
Data through --

Peer Comparisonvs. High yield bond

 LAHYXCategory
Performance 5-yr return+9.44%+9.39%
Expense ratio0.75%1.13%
Risk 5 year sharpe ratio1.571.39
Net assets$4.2B$1.5B
Average market cap$7.4B$11.0B
Average P/E28.718.7
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 income90.26%
U.S. stock4.31%
Other3.01%
Cash2.00%
International stock0.43%
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
-- Seven Generations Engy 144A 8.25%0.66%
-- Sabine Pass Liquefaction 144A 6.25%0.62%
-- Dish Dbs 5.875%0.61%
-- Vpi Escrow 144A 6.375%0.60%
-- First Data 12.625%0.59%
-- Whitewave Foods 5.375%0.58%
-- Amc Networks 4.75%0.55%
-- Hema Bondco I B.V. 6.25%0.50%
-- Intelsat Luxembourg S A 7.75%0.48%
-- ArcelorMittal19 SrN0.47%

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