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Morningstar

Lord Abbett High Yield R3 LHYRX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 6.31  /  0.18 %
  • Total Assets 4.7 Bil
  • Adj. Expense Ratio
    1.170%
  • Expense Ratio 1.180%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.80%
  • Effective Duration 4.26 years

USD | NAV as of Feb 01, 2023 | 1-Day Return as of Feb 01, 2023, 1:32 AM GMT+00:00

Morningstar’s Analysis LHYRX

Will LHYRX 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 LHYRX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LHYRX 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 LHYRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This aggressive approach to high-yield investing delivers.

Senior Analyst

Summary

| by R.J. D'Ancona

Lord Abbett High Yield’s veteran managers and deep credit research bench make use of this strategy’s broad opportunity set. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while its pricier shares are rated Neutral.

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