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Morningstar

Lord Abbett High Yield A LHYAX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 6.16  /  0.11 %
  • Total Assets 3.8 Bil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 6.50%
  • Effective Duration 3.55 years

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:15 PM GMT+0

Morningstar’s Analysis LHYAX

Will LHYAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LHYAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LHYAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of LHYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An aggressive approach that has recently cut credit risk.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

Lord Abbett High Yield’s stable and seasoned management crew employs a sound process grounded in fundamental research. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while its pricier shares are rated Neutral.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LHYAX

More LHYAX Holdings
  • Current Portfolio Date
  • Equity Holdings 26
  • Bond Holdings 600
  • Other Holdings 18
  • % Assets in Top 10 Holdings 5.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.76
28,716,589
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5%

0.73
27,670,651
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5%

0.71
26,877,787
Corporate

Altice France S.A 5.13%

0.59
22,276,499
Corporate

Ford Motor Credit Company LLC 2.9%

0.57
21,345,743
Corporate

Ford Motor Credit Company LLC 4%

0.48
17,967,883
Corporate

Tibco Software Inc 6.5%

0.45
16,918,094
Corporate

Bombardier Inc. 6%

0.44
16,585,415
Corporate

FTAI Aviation Ltd 5.5%

0.42
15,846,389
Corporate

DISH Network Corporation 11.75%

0.41
15,604,479
Corporate