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 07/31/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 5.78%
w/ sales charge - 5.65%

30-Day Standardized Yield 2 as of 06/30/2015  

 
5.44%

Fund Basicsas of 06/30/2015

Total Net Assets
$4.18 B
Inception Date
12/31/1998
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
676

Expense Ratioas of 06/30/2015

OFFSHORE FUNDS FOR NON-U.S. INVESTORS

A suite of funds designed to provide access to select Lord Abbett fixed income investment strategies.

Fund Expense Ratio :

0.94%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.75% 2.29% 7.95% 8.51% 7.68% 7.06%
Lipper Category Avg. High Yield Funds - - - - - -
BofA Merrill Lynch U.S. High Yield Master II Constrained Index 1.87% 0.17% 5.91% 7.52% 7.56% 6.93%
w/ sales charge 1.43% 0.01% 7.12% 8.03% 7.44% 6.92%

Fund Expense Ratio :

0.94%

Fund Expense Ratio :

0.94%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 3.94% 1.07% 8.69% 9.28% 7.87% 7.11%
Lipper Category Avg. High Yield Funds 2.29% -1.29% 5.97% 7.60% 6.55% -
BofA Merrill Lynch U.S. High Yield Master II Constrained Index 2.49% -0.54% 6.80% 8.38% 7.78% 7.01%
w/ sales charge 1.62% -1.26% 7.85% 8.78% 7.62% 6.97%

Fund Expense Ratio :

0.94%

Investment Team

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Portfolio Manager

13 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Director

24 Years of Industry Experience

Supported By 47 Investment Professionals and 14 Years Avg. Industry Experience

Fund Performance Details next tab

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