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 05/05/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge - 6.22%
w/ sales charge - 6.08%

30-Day Standardized Yield 2 as of 03/31/2016  

 
6.35%

Fund Basicsas of 03/31/2016

Total Net Assets
$4.54 B
Inception Date
12/31/1998
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
699

Expense Ratioas of 04/30/2016

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 5.49% -1.18% 3.41% 5.89% 7.29% 6.71%
Lipper Category Avg. High Yield Funds 5.23% -2.39% 1.46% 4.14% 5.80% -
BofA Merrill Lynch U.S. High Yield Constrained Index 7.37% -1.30% 2.47% 5.21% 7.23% 6.66%
w/ sales charge 3.10% -3.46% 2.61% 5.42% 7.05% 6.57%

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 2.01% -3.25% 2.86% 5.54% 7.00% 6.54%
Lipper Category Avg. High Yield Funds 2.26% -4.01% 1.05% 3.83% 5.55% -
BofA Merrill Lynch U.S. High Yield Constrained Index 3.25% -3.96% 1.76% 4.71% 6.89% 6.45%
w/ sales charge -0.31% -5.37% 2.10% 5.07% 6.76% 6.40%

Fund Expense Ratio :

0.94%

Investment Team

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Portfolio Manager

15 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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