LHYPX | High Yield Fund Class P | Lord Abbett
Image alt tag

Page not optimized for mobile browsing

DST vision is best viewed on desktop and tablet

The Muni-Ladder Interest Rate Scenario Tool is only available on desktop and tablet.

PROCEED GO TO LORDABBETT.COM

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Check Out Go Literature Center

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

High Yield Fund

Daily price w/o sales charge as of 03/05/2021

$7.57

arrowDown$0.01

YTD Returns w/o sales charge as of 03/05/2021

1.48%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the High Yield Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in high yield corporate bonds.
 

A HERITAGE OF HIGH YIELD

Brings a 40+ year history of high-yield investing, focused on fundamental, bottom-up credit research.

AN OPPORTUNISTIC APPROACH

Provides the flexibility to adjust to the market environment and take advantage of opportunities across the credit spectrum.

STRONG TRACK RECORD

Has offered a track record of strong performance versus peers in up and down markets, demonstrating the strength of this active approach as a core high-yield holding over a full market cycle.

Yield

Dividend Yield 1 as of 03/05/2021  

w/o sales charge 4.51%

30-Day Standardized Yield 2 as of 01/31/2021  

3.05%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Basicsas of 01/29/2021

Total Net Assets
$8.46 B
Inception Date
12/31/2002
Dividend Frequency
Monthly
Fund Expense Ratio
1.16%
Number of Holdings
761

Fund Expense Ratio :

1.16%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2002
w/o sales charge 1.82% 7.93% 5.01% 7.95% 6.24% 7.58%
Lipper Category Avg. High Yield Funds 0.81% 8.08% 5.52% 7.58% 5.37% -
ICE BofA U.S. High Yield Constrained Index 0.73% 8.53% 6.22% 8.82% 6.33% 8.30%

Fund Expense Ratio :

1.16%

Fund Expense Ratio :

1.16%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2002
w/o sales charge 4.26% 4.26% 4.20% 7.19% 6.43% 7.54%
Lipper Category Avg. High Yield Funds 5.45% 5.45% 5.10% 7.12% 5.63% -
ICE BofA U.S. High Yield Constrained Index 6.07% 6.07% 5.85% 8.42% 6.61% 8.33%

Fund Expense Ratio :

1.16%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

RELATED CONTENT

Uncovering Opportunity in a Rebounding U.S. High Yield Market
June 11, 2020

With the broad financial market recovery since late March, U.S. high yield is no longer as dislocated, but the rationale for a strategic allocation to the asset class remains intact in our view.

“Fallen Angels” Gain a Rising Profile in High Yield
June 1, 2020

Bonds downgraded from investment grade to speculative grade historically have outperformed other areas of high yield—but we believe a selective approach to these securities is crucial.

Weighing the Broader Impact of Crude Oil Price Volatility
April 24, 2020

Here, we assess the potential implications for key asset classes of the dramatic plunge in the price of May 2020 West Texas Intermediate crude oil.

Type Assets
High Yield Bonds
Bank Loans
Equity
Convertibles
Investment Grade Bonds
Other
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Maturity Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 01/29/2021 View Portfolio

Rating Assets
A
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

19 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Co-Head of Taxable Fixed Income

29 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Managing Director, Portfolio Manager

12 Years of Industry Experience

Supported By 64 Investment Professionals with 17 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Dividend Yield 1 as of 03/05/2021  

w/o sales charge 4.51%

30-Day Standardized Yield 2 as of 01/31/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.05% 3.05%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

1.16%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2002
w/o sales charge 1.82% 7.93% 5.01% 7.95% 6.24% 7.58%
Lipper Category Avg. High Yield Funds 0.81% 8.08% 5.52% 7.58% 5.37% -
ICE BofA U.S. High Yield Constrained Index 0.73% 8.53% 6.22% 8.82% 6.33% 8.30%

Fund Expense Ratio :

1.16%

Fund Expense Ratio :

1.16%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2002
w/o sales charge 4.26% 4.26% 4.20% 7.19% 6.43% 7.54%
Lipper Category Avg. High Yield Funds 5.45% 5.45% 5.10% 7.12% 5.63% -
ICE BofA U.S. High Yield Constrained Index 6.07% 6.07% 5.85% 8.42% 6.61% 8.33%

Fund Expense Ratio :

1.16%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Year Fund Returns ICE BofA U.S. High Yield Constrained Index
2020 4.26% 6.07%
2019 14.66% 14.41%
2018 -5.36% -2.27%
2017 8.20% 7.48%
2016 15.59% 17.49%
2015 -2.38% -4.61%
2014 3.12% 2.51%
2013 9.52% 7.41%
2012 16.26% 15.55%
2011 2.84% 4.37%
2010 13.98% -
2009 50.31% -
2008 -23.52% -
2007 2.29% -
2006 9.81% -
2005 1.09% -
2004 10.38% -
2003 20.78% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2021 - - - - 1.50%
2020 -16.73% 10.86% 5.56% 6.98% 4.26%
2019 7.35% 3.82% 0.23% 2.64% 14.66%
2018 -1.09% -0.21% 2.47% -6.42% -5.36%
2017 2.75% 1.91% 2.37% 0.94% 8.20%
2016 1.94% 5.26% 5.48% 2.12% 15.59%
2015 3.10% 0.68% -4.22% -1.82% -2.38%
2014 2.84% 3.30% -1.97% -0.98% 3.12%
2013 4.01% -1.06% 2.44% 3.90% 9.52%
2012 6.65% 0.32% 4.96% 3.53% 16.26%
2011 3.73% 1.02% -7.09% 5.62% 2.84%
2010 4.84% -0.94% 6.22% 3.33% 13.98%
2009 6.03% 17.20% 14.11% 6.01% 50.31%
2008 -3.29% 1.95% -8.00% -15.69% -23.52%
2007 2.92% 0.12% 0.59% -1.31% 2.29%
2006 2.50% -0.05% 2.89% 4.18% 9.81%
2005 -1.78% 1.50% 0.81% 0.60% 1.09%
2004 1.03% -0.32% 4.36% 5.03% 10.38%
2003 3.27% 8.28% 2.51% 5.36% 20.78%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Bonds
Bank Loans
Equity
Convertibles
Investment Grade Bonds
Other
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 01/29/2021

Rating Assets
A
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 09/30/2020

  • The Fund is overweight the basic industry sector, and more specifically the building and construction and building materials industries, as we have added to the portfolio’s exposure in homebuilders and repair and remodeling companies. COVID-19 lockdowns coupled with dramatically decreased travel demand allowed consumers to transfer their spending from vacations to home upgrades. Additionally, historically low new mortgage and refinancing rates have served as stimulus to jump start renovations and move new home buyers off the sidelines.
  • We continue to have a broadly constructive view on credit, and are positioning the Fund based on relative value, underlying fundamentals, and our top-down view. We are investing in the essential and nonessential industries that are benefiting from a continued reopening of the economy. The magnitude and scale of this global pandemic is causing some secular shifts even with the ultimate arrival of therapeutics and a vaccine. The Fund’s positioning currently reflects this view as we are investing in companies and industries that we believe are better poised to adapt to and benefit from these structural economic changes. We are still waiting for better data on the health, economic and consumer behavioral fronts before we get more constructive in unsecured risk of directly affected sectors such as airlines and crowd-oriented leisure. However, we have begun to selectively add higher quality paper in these industries primarily, but not exclusively, to secured bonds where we believe our commitments are well collateralized.

Portfolio Details as of 01/29/2021

Total Net Assets
$8.46 B
Number of Issues
761
Average Coupon
5.76%
Average Maturity
7.06 Years
Average Effective Duration
3.96 Years

To view definitions for the above Portfolio Details, Click here.

Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.

Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
Sprint Capital Corp. 6.875% 11/15/2028 1.4%
Ford Motor Co 9.000% 04/22/2025 1.1%
CCO Holdings LLC / CCO Holdings Capital Corp. 4.750% 03/01/2030 0.7%
CCO Holdings LLC / CCO Holdings Capital Corp. 5.125% 05/01/2027 0.6%
TransDigm, Inc. 5.500% 11/15/2027 0.6%
Netflix, Inc. 4.625% 05/15/2029 0.6%
Kraft Heinz Foods Co. 4.375% 06/01/2046 0.6%
Occidental Petroleum Corp. 6.125% 01/01/2031 0.5%
Tenet Healthcare Corp. 6.250% 02/01/2027 0.5%
Western Gas Partners L.P. 5.050% 02/01/2030 0.5%
% of Total Assets 7.1%
Holding Coupon Maturity Assets
Sprint Capital Corp.6.875% 11/15/20281.4%
Ford Motor Co9.000% 04/22/20251.1%
CCO Holdings LLC / CCO Holdings Capital Corp.4.750% 03/01/20300.7%
CCO Holdings LLC / CCO Holdings Capital Corp.5.125% 05/01/20270.6%
TransDigm, Inc.5.500% 11/15/20270.6%
Netflix, Inc.4.625% 05/15/20290.6%
Kraft Heinz Foods Co.4.375% 06/01/20460.6%
Occidental Petroleum Corp.6.125% 01/01/20310.5%
Tenet Healthcare Corp.6.250% 02/01/20270.5%
Western Gas Partners L.P.5.050% 02/01/20300.5%
Kraft Heinz Foods Co.4.875% 10/01/20490.5%
HCA, Inc.5.875% 02/01/20290.5%
United Rentals, Inc.4.875% 01/15/20280.4%
FMG Finance Pty Ltd.4.500% 09/15/20270.4%
CF Industries, Inc.5.150% 03/15/20340.4%
Netflix, Inc.3.625% 05/15/20270.4%
MEG Energy Corp.7.125% 02/01/20270.4%
Virgin Media Secured Finance plc5.500% 05/15/20290.4%
NRG Energy, Inc.5.750% 01/15/20280.4%
Magnolia Oil & Gas Operating LLC / Magnolia Oil &6.000% 08/01/20260.4%
Nexstar Broadcasting, Inc.5.625% 07/15/20270.4%
Netflix, Inc.4.875% 06/15/20300.4%
Centene Corp.4.625% 12/15/20290.4%
GrubHub Holdings Inc5.500% 07/01/20270.4%
Kraft Heinz Foods Co.5.000% 06/04/20420.4%
CSC Holdings LLC5.500% 04/15/20270.4%
CIT Group, Inc.6.125% 03/09/20280.4%
Select Medical Corp.6.250% 08/15/20260.4%
Freeport-McMoRan, Inc.4.250% 03/01/20300.4%
Matador Resources Co.5.875% 09/15/20260.4%
Netflix, Inc.4.875% 04/15/20280.4%
Springleaf Finance Corp.6.125% 03/15/20240.4%
EQT Corp.7.875% 02/01/20250.3%
DISH DBS Corp.7.750% 07/01/20260.3%
Freeport-McMoRan, Inc.4.125% 03/01/20280.3%
Navient Corp.6.750% 06/25/20250.3%
Newell Rubbermaid, Inc.5.875% 04/01/20360.3%
L Brands, Inc.6.625% 10/01/20300.3%
Horizon Therapeutics USA Inc5.500% 08/01/20270.3%
Numericable Group S.A.8.125% 02/01/20270.3%
Centennial Resource Production LLC5.375% 01/15/20260.3%
Navient Corp.6.125% 03/25/20240.3%
Murphy Oil Corp.5.875% 12/01/20270.3%
American Airlines Inc11.750% 07/15/20250.3%
FAGE International SA/ FAGE USA Dairy Industry Inc5.625% 08/15/20260.3%
Penn National Gaming, Inc.5.625% 01/15/20270.3%
Freeport-McMoRan, Inc.5.250% 09/01/20290.3%
Eldorado Resorts, Inc.8.125% 07/01/20270.3%
Connect Finco SARL / Connect US Finco LLC6.750% 10/01/20260.3%
Centene Corp.3.375% 02/15/20300.3%
Carnival Corp.11.500% 04/01/20230.3%
Mclaren Finance PLC5.000% 08/01/20220.3%
ESH Hospitality, Inc.4.625% 10/01/20270.3%
Continental Resources, Inc.5.750% 01/15/20310.3%
Ford Motor Co4.750% 01/15/20430.3%
Apache Corp.4.750% 04/15/20430.3%
Synovus Financial Corp.5.900% 02/07/20290.3%
Clear Channel Worldwide Holdings, Inc.9.250% 02/15/20240.3%
Apache Corp.4.375% 10/15/20280.3%
Tenet Healthcare Corp.6.125% 10/01/20280.3%
Ford Motor Co7.450% 07/16/20310.3%
Albertsons Cos Inc / Safeway Inc / New Albertsons4.875% 02/15/20300.3%
Ziggo BV5.500% 01/15/20270.3%
Northriver Midstream Finance LP5.625% 02/15/20260.3%
DaVita, Inc.3.750% 02/15/20310.3%
Signature Aviation US Holdings Inc4.000% 03/01/20280.3%
Toll Brothers Finance Corp.4.350% 02/15/20280.3%
Clarios Global LP / Clarios US Finance Co8.500% 05/15/20270.3%
TerraForm Power Operating LLC4.750% 01/15/20300.3%
NextEra Energy Operating Partners LP4.500% 09/15/20270.3%
Mileage Plus Holdings LLC / Mileage Plus Intellect6.500% 06/20/20270.2%
SM Energy Co.6.750% 09/15/20260.2%
Ball Corp.2.875% 08/15/20300.2%
Radiology Partners Inc9.250% 02/01/20280.2%
Diamond Sports Group LLC / Diamond Sports Finance5.375% 08/15/20260.2%
Hadrian Merger Sub Inc8.500% 05/01/20260.2%
HCA, Inc.5.500% 06/15/20470.2%
Enviva Partners LP / Enviva Partners Finance Corp6.500% 01/15/20260.2%
Hilton Domestic Operating Co, Inc.4.875% 01/15/20300.2%
LogMeIn, Inc.5.500% 09/01/20270.2%
Pattern Energy Operations LP / Pattern Energy Oper4.500% 08/15/20280.2%
Murphy Oil USA, Inc.4.750% 09/15/20290.2%
Rite Aid Corp.8.000% 11/15/20260.2%
Viper Energy Partners LP5.375% 11/01/20270.2%
Match Group Holdings II LLC4.125% 08/01/20300.2%
Great Wolf Trust 2019-WOLF2.858% 12/15/20360.2%
Boyd Gaming Corp.4.750% 12/01/20270.2%
Chobani LLC / Chobani Finance Corp Inc7.500% 04/15/20250.2%
Ulker Biskuvi Sanayi AS6.950% 10/30/20250.2%
Con-way, Inc.6.700% 05/01/20340.2%
TransDigm, Inc.6.250% 03/15/20260.2%
Churchill Downs, Inc.4.750% 01/15/20280.2%
TRI Pointe Homes LLC5.250% 06/01/20270.2%
Chesapeake Energy Corp.6.500% 10/01/20250.2%
Fair Isaac Corp.4.000% 06/15/20280.2%
HealthSouth Corp.4.500% 02/01/20280.2%
Sealed Air Corp.6.875% 07/15/20330.2%
MGM Resorts International4.625% 09/01/20260.2%
Sensata Technologies BV5.625% 11/01/20240.2%
Block Communications, Inc.4.875% 03/01/20280.2%
Gray Television, Inc.7.000% 05/15/20270.2%
Cenovus Energy, Inc.5.400% 06/15/20470.2%
Drive Chassis Holdco LLC8.484% 04/10/20260.2%
L Brands, Inc.6.875% 11/01/20350.2%
Buckeye Partners L.P.3.950% 12/01/20260.2%
Garda World Security Corp4.625% 02/15/20270.2%
Precision Drilling Corp.7.125% 01/15/20260.2%
Prime Security Services Borrower LLC / Prime Finan3.375% 08/31/20270.2%
Vmed O2 UK Financing I PLC4.250% 01/31/20310.2%
CSC Holdings LLC5.750% 01/15/20300.2%
Ccs-Cmgc Holdings Inc5.621% 10/01/20250.2%
Cenovus Energy, Inc.5.375% 07/15/20250.2%
Seven Generations Energy Ltd.5.375% 09/30/20250.2%
New Fortress Energy Inc6.750% 09/15/20250.2%
Crowdstrike Holdings Inc3.000% 02/15/20290.2%
Forterra Finance LLC / FRTA Finance Corp6.500% 07/15/20250.2%
Yum! Brands, Inc.5.350% 11/01/20430.2%
Park Intermediate Holdings LLC / PK Domestic Prope5.875% 10/01/20280.2%
Laredo Petroleum Holdings, Inc.10.125% 01/15/20280.2%
Wyndham Worldwide Corp.6.625% 07/31/20260.2%
Molina Healthcare, Inc.3.875% 11/15/20300.2%
Warrior Met Coal Inc8.000% 11/01/20240.2%
Delta Air Lines, Inc.7.000% 05/01/20250.2%
Shift4 Payments LLC / Shift4 Payments Finance Sub Inc4.625% 11/01/20260.2%
Southwestern Energy Co.8.375% 09/15/20280.2%
Illuminate Buyer LLC / Illuminate Holdings IV Inc9.000% 07/01/20280.2%
Netflix, Inc.3.625% 06/15/20300.2%
Callon Petroleum Co.9.000% 04/01/20250.2%
Switch Ltd3.750% 09/15/20280.2%
Nouryon Holding BV8.000% 10/01/20260.2%
BY Crown Parent LLC / BY Bond Finance Inc4.250% 01/31/20260.2%
Bally's Corp6.750% 06/01/20270.2%
MEDNAX, Inc.6.250% 01/15/20270.2%
Buena Vista Gaming Authority13.000% 04/01/20230.2%
JBS USA LLC/JBS USA Finance, Inc.6.750% 02/15/20280.2%
LifePoint Hospitals, Inc.4.375% 02/15/20270.2%
Quicken Loans LLC5.250% 01/15/20280.2%
Hecla Mining Co.7.250% 02/15/20280.2%
Tesla Motors, Inc.2.000% 05/15/20240.2%
Sugarhouse HSP Gaming Prop Mezz LP/Fin Corp.5.875% 05/15/20250.2%
DPL, Inc.4.125% 07/01/20250.2%
Teladoc, Inc.1.250% 06/01/20270.2%
Wynn Macau Ltd.5.125% 12/15/20290.2%
Shake Shack, Inc.0.000% -0.2%
Tenneco, Inc.5.000% 07/15/20260.2%
Springleaf Finance Corp.5.375% 11/15/20290.2%
Oceaneering International, Inc.6.000% 02/01/20280.2%
Stevens Holding Co Inc6.125% 10/01/20260.2%
Qorvo, Inc.4.375% 10/15/20290.2%
Adient US LLC7.000% 05/15/20260.2%
Tianqi Finco Co Ltd3.750% 11/28/20220.2%
Aethon United BR LP / Aethon United Finance Corp8.250% 02/15/20260.2%
Life Time Fitness, Inc.5.750% 01/15/20260.2%
Forestar Group, Inc.5.000% 03/01/20280.2%
Transocean Guardian Ltd5.875% 01/15/20240.2%
Apache Corp.5.100% 09/01/20400.2%
HCA, Inc.8.360% 04/15/20240.2%
Mohegan Gaming & Entertainment8.000% 02/01/20260.2%
Carnival Corp.9.875% 08/01/20270.2%
Hertz Corp.6.000% 01/15/20280.2%
Enterprise Development Authority/The12.000% 07/15/20240.2%
Alliance Data Systems, Inc.4.750% 12/15/20240.2%
Antero Midstream Partners L.P. / Antero Midstream7.875% 05/15/20260.2%
Intertape Polymer Group Inc7.000% 10/15/20260.2%
Pike Corp5.500% 09/01/20280.2%
Akumin Inc7.000% 11/01/20250.2%
CrownRock L.P./CrownRock Finance, Inc.5.625% 10/15/20250.2%
Scientific Games International, Inc.7.250% 11/15/20290.2%
Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd8.000% 09/20/20250.2%
Endeavor Energy Resources L.P.5.750% 01/30/20280.2%
Cliffs Natural Resources, Inc.5.875% 06/01/20270.2%
Nationstar Mortgage Holdings, Inc.5.500% 08/15/20280.2%
PDC Energy, Inc.5.750% 05/15/20260.2%
Omnova Solutions, Inc.4.750% 10/20/20280.2%
Range Resources Corp.4.875% 05/15/20250.2%
Wynn Las Vegas LLC5.250% 05/15/20270.2%
ChampionX Corp6.375% 05/01/20260.2%
American Axle & Manufacturing, Inc.6.875% 07/01/20280.2%
Topgolf International, Inc.7.379% 02/09/20260.2%
Veritas US Inc / Veritas Bermuda Ltd10.500% 02/01/20240.2%
Ashland, Inc.6.875% 05/15/20430.2%
Tenet Healthcare Corp.6.750% 06/15/20230.2%
Buckeye Partners L.P.6.375% 01/22/20780.2%
Oceaneering International, Inc.4.650% 11/15/20240.2%
Popular, Inc.6.125% 09/14/20230.2%
Rite Aid Corp.7.500% 07/01/20250.2%
Apache Corp.4.625% 11/15/20250.2%
Affinity Gaming6.875% 12/15/20270.2%
Coach, Inc.4.125% 07/15/20270.2%
Belo Corp.7.250% 09/15/20270.2%
Rain CII Carbon LLC7.250% 04/01/20250.2%
RealReal Inc/The3.000% 06/15/20250.2%
ASP Unifrax Holdings Inc4.004% 11/05/20250.2%
TransJamaican Highway Ltd5.750% 10/10/20360.2%
HAT Holdings I LLC / HAT Holdings II LLC3.750% 09/15/20300.2%
Sabre GLBL, Inc.7.375% 09/01/20250.2%
Chemours Co.5.375% 05/15/20270.2%
Turkiye Vakiflar Bankasi Tao6.500% 01/08/20260.2%
Catalent Pharma Solutions Inc5.000% 07/15/20270.2%
Optiv Sec, Inc.4.947% 02/01/20240.2%
Vertical US Newco Inc5.250% 07/15/20270.2%
MCE Finance Ltd.5.750% 07/21/20280.2%
Comstock Resources, Inc.7.500% 05/15/20250.2%
NEP/NCP Holdco Inc3.371% 10/05/20250.2%
H&E Equipment Services, Inc.3.875% 12/15/20280.2%
William Carter Co.5.625% 03/15/20270.2%
Wayfair, Inc.0.625% 10/01/20250.2%
EW Scripps Co.5.125% 05/15/20250.2%
First Quantum Minerals Ltd.6.875% 10/15/20270.2%
Turning Point Brands Inc0.000% -0.2%
Global Aircraft Leasing Co Ltd6.500% 09/15/20240.2%
Indigo Natural Resources LLC6.875% 02/15/20260.2%
Fresh Market, Inc.9.750% 05/01/20230.2%
Zillow Group, Inc.0.750% 09/01/20240.2%
Goodyear Tire & Rubber Co/The4.875% 03/15/20270.2%
Core & Main Holdings LP8.625% 09/15/20240.2%
Western Digital Corp.4.750% 02/15/20260.1%
Avaya, Inc.6.125% 09/15/20280.1%
eDreams ODIGEO SL5.500% 09/01/20230.1%
Centennial Resource Production LLC6.875% 04/01/20270.1%
Schaeffler Verwaltung Zwei GmbH4.750% 09/15/20260.1%
EQT Corp.8.750% 02/01/20300.1%
American Airlines Group, Inc.5.000% 06/01/20220.1%
Compass Minerals International, Inc.6.750% 12/01/20270.1%
Northwest Fiber LLC / Northwest Fiber Finance Sub10.750% 06/01/20280.1%
Griffon Corp.5.750% 03/01/20280.1%
Hydrofarm Holdings Group Inc0.000% -0.1%
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell o4.750% 06/01/20270.1%
Match Group Holdings II LLC5.000% 12/15/20270.1%
Patrick Industries, Inc.7.500% 10/15/20270.1%
Bacardi Ltd.5.300% 05/15/20480.1%
CSL Capital, LLC8.250% 10/15/20230.1%
Sabre GLBL, Inc.9.250% 04/15/20250.1%
Lithia Motors, Inc.4.625% 12/15/20270.1%
MEG Energy Corp.5.875% 02/01/20290.1%
Vivion Investments Sarl3.000% 08/08/20240.1%
HCA, Inc.7.500% 12/15/20230.1%
Royal Caribbean Cruises Ltd.11.500% 06/01/20250.1%
Sotheby's7.375% 10/15/20270.1%
Zayo Group Holdings, Inc.6.125% 03/01/20280.1%
Sonos Inc0.000% -0.1%
Amsted Industries Inc4.625% 05/15/20300.1%
Travel Leaders Group, LLC4.121% 01/25/20240.1%
Ardonagh Midco 2 PLC11.500% 01/15/20270.1%
Clark Equipment Co5.875% 06/01/20250.1%
Coeur Mining, Inc.5.875% 06/01/20240.1%
Netflix, Inc.3.875% 11/15/20290.1%
Clarios Global LP / Clarios US Finance Co4.375% 05/15/20260.1%
Mong Duong Finance Holdings BV5.125% 05/07/20290.1%
Texas Capital Bank NA/Dallas TX5.250% 01/31/20260.1%
Credit Suisse Group AG7.250% 03/12/21990.1%
Watco Cos. LLC / Watco Finance Corp.6.500% 06/15/20270.1%
Altice France Holding SA10.500% 05/15/20270.1%
AG Issuer LLC6.250% 03/01/20280.1%
Go Daddy Operating Co LLC / GD Finance Co Inc5.250% 12/01/20270.1%
Pinnacle Bidco PLC6.375% 02/15/20250.1%
Triumph Group, Inc.7.750% 08/15/20250.1%
Lithia Motors, Inc.4.375% 01/15/20310.1%
Science Applications International Corp4.875% 04/01/20280.1%
Shea Homes LP / Shea Homes Funding Corp.4.750% 02/15/20280.1%
Diamondback Energy, Inc.3.500% 12/01/20290.1%
Navient Corp.6.750% 06/15/20260.1%
Badger Meter, Inc.0.000% -0.1%
US Renal Care Inc10.625% 07/15/20270.1%
SunPower Corp.4.000% 01/15/20230.1%
VistaJet Malta Finance PLC / XO Management Holding10.500% 06/01/20240.1%
Frontier Communications Corp.5.000% 05/01/20280.1%
MasTec, Inc.4.500% 08/15/20280.1%
Ladder Capital Finance Holdings LLC/Ladder Capital4.250% 02/01/20270.1%
VM Holding SA5.375% 05/04/20270.1%
SRM Escrow Issuer LLC6.000% 11/01/20280.1%
General Electric Co.3.554% 06/15/21990.1%
ON Semiconductor Corp.3.875% 09/01/20280.1%
Nabors Industries Ltd.7.250% 01/15/20260.1%
Fair Isaac Corp.5.250% 05/15/20260.1%
Freeport-McMoRan, Inc.5.450% 03/15/20430.1%
Bahamas Government International Bond8.950% 10/15/20320.1%
Allied Universal Holdco LLC / Allied Universal Fin9.750% 07/15/20270.1%
Pathway Vet Alliance LLC4.121% 03/31/20270.1%
Frontier Communications Corp.5.875% 10/15/20270.1%
Kuehg Corp4.750% 02/14/20250.1%
HAT Holdings I LLC / HAT Holdings II LLC6.000% 04/15/20250.1%
Indigo Natural Resources LLC5.375% 02/01/20290.1%
Pactiv Corp.7.950% 12/15/20250.1%
Sunshine Finance Merger5.000% 12/16/20270.1%
Southwestern Energy Co.6.450% 01/23/20250.1%
Vail Resorts, Inc.6.250% 05/15/20250.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.6.250% 11/01/20280.1%
PetVet Care Centers, LLC2.871% 02/14/20250.1%
Beazer Homes USA, Inc.7.250% 10/15/20290.1%
Portfolio Recovery Associates, Inc.7.375% 09/01/20250.1%
MGM Resorts International5.500% 04/15/20270.1%
Radiate Holdco LLC / Radiate Finance Inc6.500% 09/15/20280.1%
Builders FirstSource, Inc.5.000% 03/01/20300.1%
MSCI, Inc.3.875% 02/15/20310.1%
Specialty Building Products Holdings LLC / SBP Fin6.375% 09/30/20260.1%
Occidental Petroleum Corp.3.500% 08/15/20290.1%
BCPE Ulysses Intermediate Inc7.750% 04/01/20270.1%
Springleaf Finance Corp.4.000% 09/15/20300.1%
Uber Technologies Inc6.250% 01/15/20280.1%
Garrett LX I Sarl / Garrett Borrowing LLC5.125% 10/15/20260.1%
United Group BV3.625% 02/15/20280.1%
HudBay Minerals, Inc.6.125% 04/01/20290.1%
Chobani LLC / Chobani Finance Corp Inc4.625% 11/15/20280.1%
Taylor Morrison Communities Inc6.625% 07/15/20270.1%
Mattel, Inc.5.450% 11/01/20410.1%
BCP Raptor II LLC0.000% 10/22/20250.1%
Melissa & Doug5.435% 06/19/20240.1%
Arcor6.000% 07/06/20230.1%
CDW Corp.4.125% 05/01/20250.1%
Taseko Mines Ltd.7.000% 02/15/20260.1%
United States Steel Corp.6.650% 06/01/20370.1%
Omnova Solutions, Inc.4.500% 10/20/20250.1%
Claros Mortgage Trust Inc.6.000% 08/05/20260.1%
Intrum Justitia AB4.875% 08/15/20250.1%
Calpine Corp.4.500% 02/15/20280.1%
BEP Ulterra Holdings Inc.5.371% 11/26/20250.1%
Ingevity Corp.4.500% 02/01/20260.1%
Rocket Pharmaceuticals Inc0.000% -0.1%
Buckeye Partners L.P.4.125% 12/01/20270.1%
AMC Networks, Inc.4.750% 08/01/20250.1%
Jaguar Land Rover Automotive plc5.875% 01/15/20280.1%
KB Home4.800% 11/15/20290.1%
Presidio Holdings Inc8.250% 02/01/20280.1%
Macquarie Bank Ltd./London6.125% 03/08/21670.1%
Equinox Holdings Inc.4.947% 03/08/20240.1%
Gap, Inc.8.625% 05/15/20250.1%
Trivium Packaging Finance BV5.500% 08/15/20260.1%
Surgery Center Holdings, Inc.10.000% 04/15/20270.1%
Brazos Delaware II, LLC4.130% 05/21/20250.1%
WD-40 Co.0.000% -0.1%
CDW Corp.5.500% 12/01/20240.1%
LHC3 PLC4.125% 08/15/20240.1%
Compass Minerals International, Inc.4.875% 07/15/20240.1%
William Carter Co.5.500% 05/15/20250.1%
MPT Operating Partnership L.P.5.000% 10/15/20270.1%
PTC, Inc.4.000% 02/15/20280.1%
Guardant Health Inc0.000% 11/15/20270.1%
Bloom Energy Corp2.500% 08/15/20250.1%
Stonegate Pub Co Financing 2019 PLC8.250% 07/31/20250.1%
Contura Energy Inc9.069% 06/14/20240.1%
SM Energy Co.6.125% 11/15/20220.1%
Acadia Healthcare Co., Inc.5.000% 04/15/20290.1%
Alcoa Nederland Holding BV5.500% 12/15/20270.1%
Penske Automotive Group, Inc.3.500% 09/01/20250.1%
Helen of Troy Ltd.0.000% -0.1%
Summit Materials LLC6.500% 03/15/20270.1%
Guitar Center, Inc.8.500% 01/15/20260.1%
Rayonier AM Products, Inc.5.500% 06/01/20240.1%
Nordstrom, Inc.4.375% 04/01/20300.1%
British Airways 2020-1 Class A Pass Through Trust4.250% 11/15/20320.1%
Playa Resorts Holding B.V.3.750% 04/29/20240.1%
Calpine Corp.3.750% 03/01/20310.1%
EnerSys4.375% 12/15/20270.1%
Canada Goose Holdings Inc0.000% -0.1%
Clearway Energy Operating LLC4.750% 03/15/20280.1%
Diamond Sports Group LLC / Diamond Sports Finance6.625% 08/15/20270.1%
Platform Specialty Products Corp.3.875% 09/01/20280.1%
Advisor Group Holdings Inc10.750% 08/01/20270.1%
Herbalife Nutrition Ltd / HLF Financing Inc7.875% 09/01/20250.1%
Castle US Holding Corp9.500% 02/15/20280.1%
Murphy Oil USA, Inc.5.625% 05/01/20270.1%
Carvana Co5.625% 10/01/20250.1%
Crowdstrike Holdings Inc0.000% -0.1%
Rede D'or Finance Sarl4.950% 01/17/20280.1%
California Resources Corp.7.125% 02/01/20260.1%
United Airlines 2020-1 Class A Pass Through Trust5.875% 10/15/20270.1%
Installed Building Products, Inc.5.750% 02/01/20280.1%
Intelligent Packaging Ltd Finco Inc / Intelligent6.000% 09/15/20280.1%
Uber Technologies Inc7.500% 09/15/20270.1%
ATS Automation Tooling Systems, Inc.4.125% 12/15/20280.1%
Sonic Automotive, Inc.6.125% 03/15/20270.1%
Vertical Midco GmbH4.375% 07/15/20270.1%
Ascena Retail Group, Inc.5.250% 01/15/20270.1%
Robertshaw US Holding Corp. (fka Fox US Bidco Corp5.208% 02/28/20250.1%
Miller's Ale House, Inc.6.574% 05/30/20250.1%
Repligen Corp.0.375% 07/15/20240.1%
CCM Merger, Inc.6.375% 05/01/20260.1%
LBM Acquisition LLC6.250% 01/15/20290.1%
USA Compression Partners LP / USA Compression Fina6.875% 09/01/20270.1%
EPR Properties4.500% 04/01/20250.1%
TMS International Corp.7.250% 08/15/20250.1%
Park-Ohio Industries, Inc.6.625% 04/15/20270.1%
Real Hero Merger Sub 2 Inc6.250% 02/01/20290.1%
Wendy's International LLC7.000% 12/15/20250.1%
Tanger Properties L.P.3.875% 07/15/20270.1%
Natera, Inc.2.250% 05/01/20270.1%
Charles River Laboratories International, Inc.4.250% 05/01/20280.1%
Star Energy Geothermal Darajat II / Star Energy Geothermal Salak4.850% 10/14/20380.1%
Howard Hughes Corp.5.375% 08/01/20280.1%
Team Health Holdings, Inc.6.375% 02/01/20250.1%
Airbnb Inc0.000% -0.1%
Inter Media and Communication SpA4.875% 12/31/20220.1%
Providence Service Corp.5.875% 11/15/20250.1%
Midas Intermediate Holdco II, LLC7.500% 12/16/20250.1%
Anastasia Beverly Hills4.004% 08/11/20250.1%
Spring Education Group, Inc.4.504% 07/30/20250.1%
Univar Solutions USA Inc/Washington5.125% 12/01/20270.1%
Promontoria Holding 264 BV6.750% 08/15/20230.1%
Chemours Co.5.750% 11/15/20280.1%
Caesars Resort Collection LLC / CRC Finco Inc5.250% 10/15/20250.1%
Hawaiian Brand Intellectual Property Ltd / Hawaiia5.750% 01/20/20260.1%
Air Methods Corp.8.000% 05/15/20250.1%
Emergent Biosolutions, Inc.3.875% 08/15/20280.1%
Range Resources Corp.5.000% 03/15/20230.1%
Amsted Industries Inc5.625% 07/01/20270.1%
CommScope, Inc.7.125% 07/01/20280.1%
Entercom Media Corp6.500% 05/01/20270.1%
EQT Corp.5.000% 01/15/20290.1%
Ford Motor Co9.625% 04/22/20300.1%
Maxeda DIY Holding BV5.875% 10/01/20260.1%
PTC, Inc.3.625% 02/15/20250.1%
Mattel, Inc.5.875% 12/15/20270.1%
Pinterest Inc0.000% -0.1%
Travelport LLC5.625% 10/15/20280.1%
Kaiser Aluminum Corp.4.625% 03/01/20280.1%
Austin BidCo Inc7.125% 12/15/20280.1%
fuboTV Inc0.000% -0.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.5.750% 02/01/20290.1%
Chefs' Warehouse, Inc.1.875% 12/01/20240.1%
NGPL Pipeco LLC4.875% 08/15/20270.1%
Yapi ve Kredi Bankasi AS7.875% 01/22/20310.1%
Patterson-UTI Energy, Inc.3.950% 02/01/20280.1%
Cyxtera DC Holdings, Inc. (fka Colorado Buyer Inc.)4.000% 05/01/20240.1%
Brooks Automation Inc0.000% -0.1%
Wolverine Escrow LLC8.500% 11/15/20240.1%
TechnipFMC PLC6.500% 02/01/20260.1%
Coty, Inc.6.500% 04/15/20260.1%
Dometic Group AB3.000% 05/08/20260.1%
Live Nation Entertainment, Inc.4.750% 10/15/20270.1%
Appian Corp0.000% -0.1%
Ball Corp.4.875% 03/15/20260.1%
Brookfield Residential Properties Inc / Brookfield4.875% 02/15/20300.1%
Century Communities, Inc.6.750% 06/01/20270.1%
Kuehg Corp9.563% 08/15/20250.1%
Cardlytics Inc1.000% 09/15/20250.1%
Chegg, Inc.0.000% 09/01/20260.1%
Masonite International Corp.5.375% 02/01/20280.1%
Presidio Holdings Inc4.875% 02/01/20270.1%
Weekley Homes LLC / Weekley Finance Corp.4.875% 09/15/20280.1%
White Cap Buyer LLC6.875% 10/15/20280.1%
Garda World Security Corp9.500% 11/01/20270.1%
TRI Pointe Homes LLC5.700% 06/15/20280.1%
WP CPP Holdings, LLC5.581% 04/30/20250.1%
Silvergate Capital Corp0.000% -0.1%
Ken Garff Automotive LLC4.875% 09/15/20280.1%
BFLD 2019-DPLO2.666% 10/15/20340.1%
Merlin Entertainments PLC5.750% 06/15/20260.1%
B2W Digital Lux Sarl4.375% 12/20/20300.1%
Windstream Escrow LLC / Windstream Escrow Finance7.750% 08/15/20280.1%
WisdomTree Investments, Inc.4.250% 06/15/20230.1%
Consol Energy, Inc.6.000% 01/15/20290.1%
FXI Holdings Inc7.875% 11/01/20240.1%
CBS Outdoor Americas Capital LLC4.250% 01/15/20290.1%
21Vianet Group Inc0.000% 02/01/20260.1%
Taylor Morrison Communities Inc5.125% 08/01/20300.1%
Avis Budget Car Rental LLC / Avis Budget Finance,5.750% 07/15/20270.1%
GrafTech Finance Inc4.625% 12/15/20280.1%
Royal Caribbean Cruises Ltd.3.700% 03/15/20280.1%
Zaxby's Operating Co LP4.500% 12/09/20270.1%
Boyd Corporation3.621% 09/06/20250.1%
RingCentral, Inc.0.000% 03/01/20250.1%
New Home Co, Inc./The7.250% 10/15/20250.1%
Univision Communications, Inc.5.125% 02/15/20250.1%
Gap, Inc.8.875% 05/15/20270.1%
Five9, Inc.0.500% 06/01/20250.1%
Uber Technologies Inc8.000% 11/01/20260.1%
ANGI Group LLC3.875% 08/15/20280.1%
Group 1 Automotive, Inc.4.000% 08/15/20280.1%
Omnitracs, LLC8.121% 09/22/20280.1%
Park River Holdings Inc5.625% 02/01/20290.1%
PGT Innovations Inc6.750% 08/01/20260.1%
MongoDB Inc0.250% 01/15/20260.1%
Cable One, Inc.4.000% 11/15/20300.1%
Cedar Fair LP5.250% 07/15/20290.1%
Delta Topco, Inc.8.000% 10/07/20280.1%
Radio One, Inc.7.375% 02/01/20280.1%
Goosehead Insurance Inc0.000% -0.1%
iHeartCommunications Inc4.750% 01/15/20280.1%
Marvell Technology Group Ltd.0.000% -0.1%
Mattamy Group Corp.4.625% 03/01/20300.1%
Apex Tool Group LLC / BC Mountain Finance Inc9.000% 02/15/20230.1%
International Game Technology plc5.250% 01/15/20290.1%
Meritor, Inc.4.500% 12/15/20280.1%
JetBlue Airways Corp6.250% 06/12/20240.1%
Royal Caribbean Cruises Ltd.9.125% 06/15/20230.1%
Pinduoduo Inc0.000% 10/01/20240.1%
Fontainebleau Miami Beach Trust 2019-FBLU3.963% 12/10/20360.1%
Scientific Games International, Inc.8.625% 07/01/20250.1%
Personalis Inc0.000% -0.1%
Sally Holdings LLC / Sally Capital, Inc.8.750% 04/30/20250.1%
Marriott Ownership Resorts Inc4.750% 01/15/20280.1%
Banff Merger Sub Inc9.750% 09/01/20260.1%
Dana Holding Corp.5.625% 06/15/20280.1%
Energy Acquisition LP (aka Electrical Components International)4.371% 06/26/20250.1%
Blue Racer Midstream LLC7.625% 12/15/20250.1%
SVB Financial Group0.000% -0.1%
Cablevision Lightpath LLC3.875% 09/15/20270.1%
Boise Cascade Co.4.875% 07/01/20300.1%
Reckson Operating Partnership0.000% -0.1%
NCL Corp. Ltd.12.250% 05/15/20240.1%
Calpine Corp.4.625% 02/01/20290.1%
Hughes Satellite Systems Corp.5.250% 08/01/20260.1%
Lindsay Corp.0.000% -0.1%
Millicom International Cellular S.A.6.250% 03/25/20290.1%
Resolute Forest Products Inc4.875% 03/01/20260.1%
L Brands, Inc.6.875% 07/01/20250.1%
Rattler Midstream LP5.625% 07/15/20250.1%
Sunrun, Inc.0.000% 02/01/20260.1%
Winnebago Industries, Inc.6.250% 07/15/20280.1%
Ingevity Corp.3.875% 11/01/20280.1%
Kaiser Aluminum Corp.6.500% 05/01/20250.1%
Calpine Corp.5.000% 02/01/20310.1%
Alliant Holdings Intermediate LLC6.750% 10/15/20270.1%
Everbridge, Inc.0.125% 12/15/20240.1%
CANPACK SA / Eastern PA Land Investment Holding LL3.125% 11/01/20250.1%
Diamondback Energy, Inc.0.000% -0.1%
Gibraltar Industries, Inc.0.000% -0.1%
Okta Inc0.375% 06/15/20260.1%
Veritas US Inc / Veritas Bermuda Ltd7.500% 09/01/20250.1%
Allison Transmission, Inc.3.750% 01/30/20310.1%
IIP Operating Partnership LP3.750% 02/21/20240.1%
Kornit Digital Ltd.0.000% -0.1%
Party City Holdings, Inc.6.625% 08/01/20260.1%
Atlantica Sustainable Infrastructure Jersey Ltd4.000% 07/15/20250.1%
Canada Goose Inc5.000% 09/30/20270.1%
Match Group Financeco 2 Inc0.875% 06/15/20260.1%
Vertical Holdco GmbH7.625% 07/15/20280.1%
Cognex Corp.0.000% -0.1%
Banijay Entertainment SASU5.375% 03/01/20250.1%
Radiate Holdco LLC / Radiate Finance Inc4.500% 09/15/20260.1%
Live Nation Entertainment, Inc.3.750% 01/15/20280.1%
Shopify, Inc.0.125% 11/01/20250.1%
Caesars Resort Collection LLC / CRC Finco Inc5.750% 07/01/20250.1%
Minerals Technologies, Inc.5.000% 07/01/20280.1%
Spotify Technology SA0.000% -0.1%
Insulet Corp.0.375% 09/01/20260.1%
Amkor Technology, Inc.6.625% 09/15/20270.1%
Oceaneering International, Inc.0.000% -0.1%
Insmed, Inc.1.750% 01/15/20250.1%
VeriSign, Inc.5.250% 04/01/20250.1%
YPF Energia Electrica SA10.000% 07/25/20260.1%
Bridgebio Pharma Inc2.250% 02/01/20290.1%
Playtika Holding Corp7.000% 12/03/20240.1%
VTR Finance B.V.6.375% 07/15/20280.1%
Central Garden & Pet Co.4.125% 10/15/20300.1%
White Cap Parent LLC8.250% 03/15/20260.1%
eG Global Finance PLC8.500% 10/30/20250.1%
Canopy Growth Corp4.250% 07/15/20230.1%
Shea Homes LP / Shea Homes Funding Corp.4.750% 04/01/20290.1%
Proto Labs, Inc.0.000% -0.1%
Redfin Corp0.000% 10/15/20250.1%
TripAdvisor, Inc.0.000% -0.1%
Sri Lanka (Democratic Socialist Republic of)5.875% 07/25/20220.1%
Baffinland Iron Mines Corp / Baffinland Iron Mines8.750% 07/15/20260.1%
NCL Corp. Ltd.3.625% 12/15/20240.1%
Delphi Automotive plc0.000% 06/15/20230.1%
Sirius XM Radio, Inc.5.000% 08/01/20270.1%
Ollie's Bargain Outlet Holdings Inc0.000% -0.1%
Rush Enterprises, Inc.0.000% -0.1%
PennyMac Financial Services Inc5.375% 10/15/20250.1%
DocuSign Inc0.500% 09/15/20230.1%
Grab Holdings Inc0.000% 01/14/20260.1%
1011778 BC ULC / New Red Finance, Inc.4.375% 01/15/20280.1%
Altice France Holding SA6.000% 02/15/20280.1%
NSG Holdings LLC / NSG Holdings, Inc.7.750% 12/15/20250.1%
Lamar Media Corp.4.875% 01/15/20290.1%
South State Corp.0.000% -0.1%
Asbury Automotive Group, Inc.4.500% 03/01/20280.1%
TGP Holdings III LLC9.817% 09/20/20250.1%
Transocean Proteus Ltd.6.250% 12/01/20240.1%
Targa Resources Partners L.P.5.000% 01/15/20280.1%
Ahern Rentals, Inc.7.375% 05/15/20230.1%
Targa Resources Partners L.P.4.875% 02/01/20310.1%
Hillman Group, Inc.6.375% 07/15/20220.1%
Scotts Miracle-Gro Co.4.500% 10/15/20290.1%
Ford Motor Co6.625% 10/01/20280.1%
PolyOne Corp.5.750% 05/15/20250.1%
TC Ziraat Bankasi AS5.375% 03/02/20260.1%
Terraform Global Operating LLC6.125% 03/01/20260.1%
Acadia Healthcare Co., Inc.5.500% 07/01/20280.1%
Tronox Inc6.500% 05/01/20250.1%
Freeport-McMoRan, Inc.4.375% 08/01/20280.1%
Sirius XM Radio, Inc.5.500% 07/01/20290.1%
TerraForm Power Operating LLC5.000% 01/31/20280.1%
Associated Asphalt Partners, LLC6.926% 04/05/20240.1%
Motion Finco Sarl7.000% 05/15/20250.1%
Quicken Loans LLC / Quicken Loans Co-Issuer Inc3.875% 03/01/20310.1%
Ford Motor Credit Co LLC4.000% 11/13/20300.1%
Landry's Restaurants Inc.4.614% 10/04/20230.1%
CANPACK SA / Eastern PA Land Investment Holding LL2.375% 11/01/20270.1%
Nationstar Mortgage Holdings, Inc.5.125% 12/15/20300.1%
Stericycle, Inc.3.875% 01/15/20290.1%
NRG Energy, Inc.5.250% 06/15/20290.1%
Gibson Brands, Inc0.000% -0.1%
Revlon, Inc. Class A1.700% 06/30/20250.1%
Kratos Defense & Security Solutions Inc6.500% 11/30/20250.1%
Wyndham Worldwide Corp.6.000% 04/01/20270.1%
Hertz Corp.5.500% 10/15/20240.1%
Antero Resources Corp.7.625% 02/01/20290.1%
IRB Holding Corp7.000% 06/15/20250.1%
Picasso Finance Sub Inc6.125% 06/15/20250.1%
Toll Brothers Finance Corp.4.875% 03/15/20270.1%
Avolon Holdings Funding Ltd5.500% 01/15/20260.1%
Maxeda DIY Holding BV5.875% 10/01/20260.1%
Quicken Loans LLC / Quicken Loans Co-Issuer Inc3.625% 03/01/20290.1%
Williams Scotsman International Inc4.625% 08/15/20280.1%
Goldstory SASU5.375% 03/01/20260.1%
Ortho-Clinical Diagnostics Inc / Ortho-Clinical Di7.250% 02/01/20280.1%
Kennedy-Wilson Inc4.750% 03/01/20290.1%
Kennedy-Wilson Inc5.000% 03/01/20310.1%
Mercadolibre, Inc.2.375% 01/14/20260.1%
Viking Cruises Ltd.13.000% 05/15/20250.1%
Carnival Corp.7.625% 03/01/20260.1%
Sofima Holding SPA3.750% 01/15/20280.1%
Netflix, Inc.3.875% 11/15/20290.1%
Cablevision Lightpath LLC5.625% 09/15/20280.1%
Rayonier AM Products, Inc.7.625% 01/15/20260.1%
Targa Resources Partners L.P.4.000% 01/15/20320.1%
Central Garden & Pet Co.5.125% 02/01/20280.1%
EnLink Midstream LLC5.625% 01/15/20280.1%
House of HR7.500% 01/15/20270.1%
Mercadolibre, Inc.3.125% 01/14/20310.1%
Triumph Group, Inc.5.250% 06/01/20220.1%
Cinemark USA, Inc.1.880% 03/31/20250.1%
Brundage-Bone Concrete Pumping Holdings Inc6.000% 02/01/20260.1%
Credit Index Swap5.000% 12/20/20250.1%
American Airlines Group, Inc.3.750% 03/01/20250.1%
Elwood Energy LLC8.159% 07/05/20260.1%
Genting New York LLC / GENNY Capital Inc3.300% 02/15/20260.1%
Carvana Co5.875% 10/01/20280.1%
Hunt Cos Inc6.250% 02/15/20260.1%
EPR Properties5.000% 02/01/20260.1%
HCA, Inc.7.690% 06/15/20250.1%
IPD 3 BV5.500% 12/01/20250.1%
Avolon Holdings Funding Ltd4.250% 04/15/20260.1%
IPD 3 BV5.500% 12/01/20250.1%
Great Wolf Trust 2019-WOLF3.257% 12/15/20360.1%
Stonegate Pub Co Financing 2019 PLC8.000% 07/13/20250.1%
EPR Properties3.750% 08/15/20290.0%
Wynn Macau Ltd.5.500% 10/01/20270.0%
Claire's Stores, Inc.6.919% 12/18/20260.0%
LCPR Senior Secured Financing DAC6.750% 10/15/20270.0%
Occidental Petroleum Corp.7.500% 05/01/20310.0%
Frontier Communications Corp.6.750% 05/01/20290.0%
Centene Corp.3.000% 10/15/20300.0%
Doncasters US Finance LLC (Doncasters US LLC)8.500% 03/31/20240.0%
House of HR7.500% 01/15/20270.0%
Waste Connections, Inc.6.125% 12/01/20280.0%
RP Escrow Issuer LLC5.250% 12/15/20250.0%
Commercial Barge Line0.000% -0.0%
Mohegan Gaming & Entertainment7.875% 10/15/20240.0%
Doncasters US Finance LLC (Doncasters US LLC)0.500% 03/31/20250.0%
Precision Drilling Corp.7.750% 12/15/20230.0%
Nordstrom, Inc.4.000% 03/15/20270.0%
Avis Budget Car Rental LLC / Avis Budget Finance,5.250% 03/15/20250.0%
Hilcorp Energy L.P. / Hilcorp Finance Co.6.000% 02/01/20310.0%
Frontera Generation Hold5.250% 05/02/20250.0%
PetVet Care Centers, LLC5.250% 02/14/20250.0%
Goldstory SASU5.375% 03/01/20260.0%
Jaguar Land Rover Automotive plc4.500% 10/01/20270.0%
Montreign Resort Casino3.371% 03/23/20210.0%
Transportes Aereos Portugueses SA5.625% 12/02/20240.0%
Transportes Aereos Portugueses SA5.625% 12/02/20240.0%
Commercial Barge Line0.000% -0.0%
SM Energy Co.6.625% 01/15/20270.0%
Transocean Sentry Ltd5.375% 05/15/20230.0%
PBF Finance Corp.9.250% 05/15/20250.0%
PetVet Care Centers, LLC3.685% 02/14/20250.0%
SM Energy Co.5.625% 06/01/20250.0%
UTEX Industries0.000% -0.0%
Claire's Stores, Inc.0.000% -0.0%
Hertz Corp.0.000% 10/15/20220.0%
J Crew Group Inc.11.000% 09/10/20270.0%
UC Holdings0.000% -0.0%
Kaisa Group Holdings Ltd.10.500% 01/15/20250.0%
Credit Index Swap1.000% 12/20/20250.0%
Britax Childcare0.000% 01/09/20250.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Pathway Vet Alliance LLC4.121% 03/31/20270.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
UTEX Industries0.000% 11/01/20240.0%
Precision Drilling Corp.5.250% 11/15/20240.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
J Crew Group Inc.0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Barge Line0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
UTEX Industries11.000% 11/01/20240.0%
CD&R Smokey Buyer Inc6.750% 07/15/20250.0%
TNT Crane and Rigging0.000% -0.0%
FGI Operating Company, LLC5.929% 05/15/20220.0%
J Crew Group Inc.0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Revlon, Inc. Class A0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
TNT Crane and Rigging0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Penson Technologies LLC0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
American Energy-Permian Basin LLC12.000% 10/01/20240.0%
FX USD/CAD 04/210.000% 04/20/20210.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 11/17/20590.0%
Afren plc6.625% 12/09/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
Afren plc10.250% 04/08/20220.0%
Afren plc11.500% 02/01/20220.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
Tonon Luxembourg S.A.6.500% 10/31/20240.0%
Dutch Lion BV11.250% 06/15/20230.0%
EURO-BOBL FUT MAR210.000% 03/10/20210.0%
EURO-BUND FUTURE MAR210.000% 03/10/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
General Motors Co.7.200% 01/15/20490.0%
Remington Outdoor Co. Inc.0.000% -0.0%
Remington Outdoor Co. Inc.0.000% -0.0%
Mirabela Nickel Ltd.1.000% 09/16/20440.0%
US 10YR NOTE (CBT)MAR210.000% 03/31/20210.0%
US 5YR NOTE (CBT) MAR210.000% 04/05/20210.0%
US LONG BOND(CBT) MAR210.000% 03/31/20210.0%
US ULTRA BOND CBT MAR210.000% 03/31/20210.0%
Washington Mutual, Inc.6.875% 06/15/20110.0%
Britax Childcare0.000% -0.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
US 10YR ULTRA FUT MAR210.000% 03/31/20210.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
US 2YR NOTE (CBT) MAR210.000% 04/05/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
FX EUR/USD 03/210.000% 03/04/20210.0%
Commercial Mortgage Backed Index Swap0.000% 09/17/20580.0%
FX USD/EUR 03/210.000% 03/04/20210.0%
FX USD/GBP 03/210.000% 03/08/20210.0%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Sector Allocationas of 01/29/2021

Sector Weighting Fund Change from Previous Quarter
Sector Weighting Fund Change from Previous Quarter
Basic Industry arrowDown0.5%
Banking arrowDown0.2%
Financial Services arrowDown0.4%
^^ -
Energy arrowUp1.2%
Services arrowUp0.2%
Utility arrowDown0.1%
Healthcare arrowDown0.2%
Insurance arrowDown0.1%
Capital Goods arrowUp0.2%
Real Estate arrowUp0.1%
Retail arrowUp0.4%
Telecommunications arrowDown0.2%
Leisure arrowDown0.4%
Media arrowDown0.9%
Automotive 0.0%
Transportation 0.0%
Consumer Goods arrowUp0.2%
Other arrowUp0.4%
Technology & Electronics arrowUp0.2%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

For
YTD Dividends Paidas of 03/05/2021
$0.056
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 02/28/2021 $0.02844 $7.60
Daily Daily 01/31/2021 $0.02798 $7.55

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 03/31/2021
Daily Daily 04/30/2021
Daily Daily 05/31/2021
Daily Daily 06/30/2021
Daily Daily 07/31/2021
Daily Daily 08/31/2021
Daily Daily 09/30/2021
Daily Daily 10/31/2021
Daily Daily 11/30/2021
Daily Daily 12/31/2021

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/18/2014 12/19/2014 $0.0899 $0.0792 $0.1691 $7.54
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Upcoming Capital Gain Distribution

Record Date Ex-Dividend Date
12/16/2021 12/17/2021

Fees & Expenses

Fees & Expenses

Expense Ratioas of 02/28/2021

1.16%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
Publish Date:11/03/2015
Publish Date:11/03/2015
n/a
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
 Quantity
Quantity
 Remove
Remove

* Barron’s Top Fund Families of 2019, February 14, 2020, #5 in the Taxable Bond Category among 55 fund families. Based on the net total return of the one−year period ending 12/31/2019. #14 Overall ranking among 55 qualifying fund families based on the net total return of the one-year period ending 12/31/2019. Five-year Overall ranking is #30 out of 52 fund families; 10-year Overall ranking is #33 out of 45 fund families.

 

Source: Barron’s, “Barron’s Top Fund Families of 2019,” February 14, 2020. Barron’s rankings are based on asset weighted returns in funds in five categories: U.S. equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2019, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2019 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well. Barron's Fund Family Rankings are awarded annually.

 

© Reuters 2020. All Rights Reserved. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

 

+

Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to value with maximum sales charges and without sales charges. The dividend yield is calculated by annualizing the last dividend and dividing it by the fund’s net asset value with maximum sales charges and without sales charges.

 

2

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The Fund invests primarily in high-yield, lower-rated securities, sometimes called junk bonds. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The ICE BofA Merrill Lynch U.S. High Yield Constrained Index is a capitalization-weighted index of all US dollar denominated below investment grade corporate debt publicly issued in the US domestic market. Qualifying securities must have a below investment grade rating (based on an average of Moody’s, S&P and Fitch), at least 18 months to final maturity at the time of issuance, at least one year remaining term to final maturity as of the rebalancing date, a fixed coupon schedule and a minimum amount outstanding of $100 million. The index caps individual issuer at 2%. Index constituents are capitalization-weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 2%. Issuers that exceed the limit are reduced to 2% and the face value of each of their bonds is adjusted on a pro-rata basis. The face values of bonds of all other issuers that fall below the 2% cap are increased on a pro-rata basis. In the event there are fewer than 50 issuers in the Index, each is equally weighted and the face values of their respective bonds are increased or decreased on a pro-rata basis.

Source: ICE Data Indices, LLC. 

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field