Morningstar

Lord Abbett High Yield Fund Class R2 LHYQX

Medalist Rating as of Apr 27, 2026 See Lord Abbett Investment Hub

Will LHYQX outperform in the future?

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

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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LHYQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LHYQX 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 LHYQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Seasoned hands, but sharper risks.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Lord Abbett High Yield’s deep, seasoned team embraces a riskier approach, although it has fallen short of expectations in recent years.

by Paul Olmsted

Rated on Apr 27, 2026 Published on Apr 27, 2026

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