Morningstar

Lord Abbett Short Duration High Yield Fund Class R6 LSYUX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.24  /  −0.11 %
  • Fund Size $10.7B
  • Adjusted Expense Ratio 0.380%
  • Net Expense Ratio 0.370%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 8.33%
  • Average Effective Duration 2.44 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LSYUX

Will LSYUX outperform in the 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 LSYUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An edgier short-duration high-yield fund.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Lord Abbett Short Duration High Yield’s deep, seasoned team’s focus on high income while limiting interest rate risk has made it a compelling offering over its brief history.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings LSYUX

More LSYUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Directv Financing LLC/Directv Financing Co-Obligor Inc. 10%

0.64 70M
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 6.38%

0.62 68M
Corporate

WULF Compute LLC 7.75%

0.59 64M
Corporate

OneMain Financial Corporation 6.63%

0.58 63M
Corporate

Meridian Arc Holdco LLC 6.25%

0.58 63M
Corporate

Nissan Motor Co Ltd. 7.5%

0.54 59M
Corporate

Novelis Corporation 6.88%

0.53 58M
Corporate

Cipher Compute LLC 7.13%

0.51 56M
Corporate

Venture Global LNG Inc. 9.5%

0.51 55M
Corporate

Prior Rno Property Owner 1 LLC 6.5%

0.47 51M
Corporate

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