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 02/05/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge - 6.30%
w/ sales charge - 6.16%

30-Day Standardized Yield 2 as of 01/31/2016  

 
7.08%

Fund Basicsas of 12/31/2015

Total Net Assets
$3.76 B
Inception Date
12/31/1998
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
627

Expense Ratioas of 01/31/2016

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 -2.11% -4.77% 2.07% 5.04% 6.72% 6.34%
Lipper Category Avg. High Yield Funds -1.49% -5.78% 0.25% 3.33% 5.27% -
BofA Merrill Lynch U.S. High Yield Constrained Index -1.58% -6.76% 0.65% 4.07% 6.52% 6.21%
w/ sales charge -4.33% -6.89% 1.32% 4.57% 6.48% 6.20%

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 -2.26% -2.26% 3.51% 5.91% 7.05% 6.51%
Lipper Category Avg. High Yield Funds -4.09% -4.08% 1.20% 4.08% 5.58% -
BofA Merrill Lynch U.S. High Yield Constrained Index -4.61% -4.61% 1.65% 4.84% 6.82% 6.34%
w/ sales charge -4.44% -4.44% 2.73% 5.43% 6.81% 6.37%

Fund Expense Ratio :

0.94%

Investment Team

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Portfolio Manager

14 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Deputy Chief Investment Officer

25 Years of Industry Experience

Supported By 48 Investment Professionals and 13 Years Avg. Industry Experience

Fund Performance Details next tab

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