LSYAX | Short Duration High Yield Fund Class A | Lord Abbett

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

 

Short Duration High Yield Fund

Track this Fund
Add to Hypo Tool

Daily price w/o sales charge as of 10/21/2024

$9.98

arrowDown$0.01

YTD Returns w/o sales charge as of 10/21/2024

8.11%

Overall Morningstar Ratings

High Yield Bond
as of 09/30/2024

Morningstar rated the Lord Abbett Short Duration High Yield Fund class A share 5 stars among 598 High Yield Bond Funds for the overall rating and the 3 year periods ended 9/30/2024, respectively.

Click here to view all legal text including risk information

Summary

Summary

What is the Short Duration High Yield Fund?

The Fund’s investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return.

Yield

Average Yield to Maturity as of 09/30/2024

7.66%

30-Day Standardized Yield 1 as of 09/30/2024  

6.85%

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

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Fund Basicsas of 09/30/2024

Total Net Assets
$5.99 B
Inception Date
05/01/2020
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.85%
Fund Net Expense Ratio
0.65%
Number of Holdings
783
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/30/2020
w/o sales charge 7.97% 13.97% 4.72% - - 7.39%
Lipper Category Avg. Short High Yield Funds 6.43% 10.93% 3.80% - - -
ICE BofA HY US Corp Cash Pay BB-B 1-5Yrs USD Index 6.81% 12.88% 4.37% - - 6.94%
w/ sales charge 5.50% 11.40% 3.93% - - 6.84%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/30/2020
w/o sales charge 7.97% 13.97% 4.72% - - 7.39%
Lipper Category Avg. Short High Yield Funds 6.43% 10.93% 3.80% - - -
ICE BofA HY US Corp Cash Pay BB-B 1-5Yrs USD Index 6.81% 12.88% 4.37% - - 6.94%
w/ sales charge 5.50% 11.40% 3.93% - - 6.84%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

Returns with sales charges reflect a maximum sales charge of 2.25%.

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.

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

23 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Partner, Deputy Director of Leveraged Credit

16 Years of Industry Experience

Supported By 64 Investment Professionals with 14 Years Avg. Industry Experience

Contact a Representative

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

Performance

Performance

Average Yield to Maturity as of 09/30/2024

7.66%

30-Day Standardized Yield 1 as of 09/30/2024  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.85% 6.85%

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

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/30/2020
w/o sales charge 7.97% 13.97% 4.72% - - 7.39%
Lipper Category Avg. Short High Yield Funds 6.43% 10.93% 3.80% - - -
ICE BofA HY US Corp Cash Pay BB-B 1-5Yrs USD Index 6.81% 12.88% 4.37% - - 6.94%
w/ sales charge 5.50% 11.40% 3.93% - - 6.84%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/30/2020
w/o sales charge 7.97% 13.97% 4.72% - - 7.39%
Lipper Category Avg. Short High Yield Funds 6.43% 10.93% 3.80% - - -
ICE BofA HY US Corp Cash Pay BB-B 1-5Yrs USD Index 6.81% 12.88% 4.37% - - 6.94%
w/ sales charge 5.50% 11.40% 3.93% - - 6.84%

Fund Expense Ratio :

Gross 0.85%

Net 0.65%

Returns with sales charges reflect a maximum sales charge of 2.25%.

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 HY US Corp Cash Pay BB-B 1-5Yrs USD Index
2023 12.01% 11.66%
2022 -5.76% -5.39%
2021 5.53% 4.87%
Year Q1 Q2 Q3 Q4
2024 2.18% 1.47% 4.12% -
2023 2.66% 1.96% 1.37% 5.56%
2022 -2.10% -7.68% 0.48% 3.77%
2021 1.94% 2.01% 0.71% 0.76%

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

Growth of $10,000 as of 09/30/2024

The chart begins on the Fund's inception date of 04/30/2020.

Based on a hypothetical Class A share investment of $10,000 on 04/30/2020 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Corporate
Bank Loans
MBS
Investment Grade Corporate
CLO
Sovereign
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 09/30/2024

Rating Assets
Agency
AA
A
BBB
BB
B
CCC
<CCC
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 06/30/2024

  • We continued to be overweight B-rated credits. The Fund remained overweight allocation to Bs relative to the benchmark, while underweight BBs. We believe that exposure to lower-rated credit currently offers the best relative value given the overall strength of the economy. While we are still constructive on credit in general given the resilience in the U.S. economy, we increased the Fund’s exposure to BBs towards the latter end of the quarter as a reflection of economic data that was softer than expected.
  • We favor cyclical sector exposure, specifically overweight allocations to Energy and Basic Industry sectors. Despite softer economic data, we remained constructive in cyclical sectors such as Energy and Basic Industry as a result of improved credit quality and stickier inflation. Within Energy, we remain focused on E&P and Oil Field Services subsectors, but with a shift in focus towards offshore energy as an attractive opportunity to find relative value. Within Basic Industry, primary overweights continued to be Metals and Mining and Chemicals, which continued to benefit from meaningful destocking of inventories over the last several months. The Fund also continues to be overweight sectors such as Financial Services and Banking. Conversely, the Fund finished the quarter underweight sectors such as Leisure, Capital Goods and Real Estate.
  • The Fund maintained modest exposure to off-benchmark sectors. We generally believe that select exposures to non-high yield sectors can offer attractive risk-reward opportunities, potential portfolio diversification benefits, and avenues for liquidity. While the Fund has the flexibility to toggle allocations to off-benchmark asset classes, such as bank loans and convertible bonds, we continue to view high yield corporate bonds as relatively attractive compared to other sectors.
  • We view short duration high yield as an opportunity to capture quality carry. We remain constructive in short dated high yield credit considering the overall health of the U.S. economy, relatively open capital markets and benign default rate outlook. Additionally, fundamentals for high yield issuers have been robust with leverage and interest rate coverage remaining at supportive levels. However, we acknowledge that the presence of higher policy rates for longer may lead to headwinds for certain high yield bond issuers, highlighting the importance of sound credit selection within the portfolio. Looking towards the second half of the year, we remain focused on maintaining a cyclical approach in the portfolio with emphasis on commodities, consumer cyclicals, and sectors with supportive underlying asset valuation that could allow for ongoing addressing of near-term maturities. However, we look to be more dynamic with our positioning given the potential for market fluctuations in response to some of the softer than expected macroeconomic data of late, including segments of rising consumer stress.

PORTFOLIO DETAILS as of 09/30/2024

Total Net Assets
$5.99 B
Average Effective Duration
2.04 Years
Average Maturity
3.44 Years
Number of Issues
783
Average Yield to Maturity
7.66%

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

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

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
Carnival Corp 5.750% 03/01/2027 0.8%
Rakuten Group Inc 9.750% 04/15/2029 0.7%
PetSmart Inc / PetSmart Finance Corp 7.750% 02/15/2029 0.7%
Cloud Software Group Inc 6.500% 03/31/2029 0.5%
Gray Television Inc 7.000% 05/15/2027 0.5%
OneMain Finance Corp 6.625% 01/15/2028 0.5%
CCO Holdings LLC / CCO Holdings Capital Corp 5.125% 05/01/2027 0.5%
Venture Global LNG Inc 9.500% 02/01/2029 0.5%
California Resources Corp 8.250% 06/15/2029 0.5%
Borr IHC Ltd / Borr Finance LLC 10.000% 11/15/2028 0.5%
% of Total Assets 5.7%
Holding Coupon Maturity Assets
BARCLAYS CAPITAL0.010% 09/03/20241.4%
Carnival Corp5.750% 03/01/20270.8%
Rakuten Group Inc9.750% 04/15/20290.7%
PetSmart Inc / PetSmart Finance Corp7.750% 02/15/20290.6%
Cloud Software Group Inc6.500% 03/31/20290.5%
OneMain Finance Corp6.625% 01/15/20280.5%
Venture Global LNG Inc9.500% 02/01/20290.5%
CCO Holdings LLC / CCO Holdings Capital Corp5.125% 05/01/20270.5%
Gray Television Inc7.000% 05/15/20270.5%
California Resources Corp8.250% 06/15/20290.5%
Borr IHC Ltd / Borr Finance LLC10.000% 11/15/20280.5%
Sotheby's7.375% 10/15/20270.5%
15-YR UMBS-TBA PROD OCT5.000% 02/01/20390.5%
30-YR GNMA II-TBA PROD OCT5.000% 04/01/20540.5%
30-YR UMBS-TBA PROD OCT5.000% 01/01/20540.5%
30-YR UMBS-TBA PROD OCT7.000% 07/01/20530.5%
VistaJet Malta Finance PLC / Vista Management Holding Inc9.500% 06/01/20280.5%
30-YR GNMA II-TBA PROD OCT7.000% 10/01/20530.5%
Allied Universal Holdco LLC / Allied Universal Finance Corp9.750% 07/15/20270.5%
CHS/Community Health Systems Inc5.625% 03/15/20270.5%
30-YR GNMA II-TBA PROD OCT6.500% 10/01/20530.5%
15-YR UMBS-TBA PROD OCT5.500% 02/01/20390.5%
15-YR UMBS-TBA PROD OCT6.000% 03/01/20380.5%
30-YR UMBS-TBA PROD OCT6.500% 03/01/20540.5%
Shelf Drilling Holdings Ltd9.625% 04/15/20290.5%
Crescent Energy Finance LLC9.250% 02/15/20280.5%
Midcap Financial Issuer Trust6.500% 05/01/20280.4%
Saturn Oil & Gas Inc9.625% 06/15/20290.4%
Coinbase Global Inc3.375% 10/01/20280.4%
Jefferies Finance LLC / JFIN Co-Issuer Corp5.000% 08/15/20280.4%
Brandywine Operating Partnership LP8.875% 04/12/20290.4%
WASH Multifamily Acquisition Inc5.750% 04/15/20260.4%
CITGO Petroleum Corp8.375% 01/15/20290.4%
EquipmentShare.com Inc9.000% 05/15/20280.4%
Advantage Sales & Marketing Inc6.500% 11/15/20280.4%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20290.4%
Hecla Mining Co7.250% 02/15/20280.4%
Venture Global LNG Inc8.125% 06/01/20280.4%
30-YR GNMA II-TBA PROD OCT6.000% 06/01/20540.4%
Civitas Resources Inc8.375% 07/01/20280.4%
Hudbay Minerals Inc4.500% 04/01/20260.4%
Heartland Dental LLC / Heartland Dental Finance Corp10.500% 04/30/20280.4%
Energy Transfer LP7.125% 10/01/20540.4%
Transocean Inc8.250% 05/15/20290.4%
SunCoke Energy Inc4.875% 06/30/20290.4%
Aston Martin Capital Holdings Ltd10.000% 03/31/20290.4%
Inter Media and Communication SpA6.750% 02/09/20270.4%
Staples Inc10.750% 09/01/20290.3%
Freedom Mortgage Corp12.000% 10/01/20280.3%
United Airlines Inc4.625% 04/15/20290.3%
Seaspan Corp5.500% 08/01/20290.3%
RR Donnelley & Sons Co9.500% 08/01/20290.3%
AmeriTex HoldCo Intermediate LLC10.250% 10/15/20280.3%
Bausch Health Cos Inc5.500% 11/01/20250.3%
Valaris Ltd8.375% 04/30/20300.3%
Nexstar Media Inc5.625% 07/15/20270.3%
Virgin Media Vendor Financing Notes IV DAC5.000% 07/15/20280.3%
AMC Networks Inc4.250% 02/15/20290.3%
Sitio Royalties Operating Partnership LP / Sitio Finance Corp7.875% 11/01/20280.3%
Comstock Resources Inc6.750% 03/01/20290.3%
Rand Parent LLC8.500% 02/15/20300.3%
Castlelake Aviation Finance DAC5.000% 04/15/20270.3%
Mauser Packaging Solutions Holding Co9.250% 04/15/20270.3%
Frontier Communications Holdings LLC5.000% 05/01/20280.3%
Bausch + Lomb Corp8.375% 10/01/20280.3%
Vital Energy Inc7.750% 07/31/20290.3%
JPMorgan Chase & Co4.000% 10/01/21720.3%
American Airlines Inc7.250% 02/15/20280.3%
ION Trading Technologies Sarl9.500% 05/30/20290.3%
30-YR UMBS-TBA PROD OCT6.000% 02/01/20540.3%
Nationstar Mortgage Holdings Inc6.500% 08/01/20290.3%
GGAM Finance Ltd8.000% 06/15/20280.3%
Talos Production Inc9.000% 02/01/20290.3%
Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp6.000% 08/01/20260.3%
Kraken Oil & Gas Partners LLC7.625% 08/15/20290.3%
LSB Industries Inc6.250% 10/15/20280.3%
Trulieve Cannabis Corp8.000% 10/06/20260.3%
Bread Financial Holdings Inc9.750% 03/15/20290.3%
Encino Acquisition Partners Holdings LLC8.750% 05/01/20310.3%
Curaleaf Holdings Inc8.000% 12/15/20260.3%
Xerox Holdings Corp5.000% 08/15/20250.3%
Victoria's Secret & Co4.625% 07/15/20290.3%
Olympus Water US Holding Corp9.750% 11/15/20280.3%
Univision Communications Inc6.625% 06/01/20270.3%
SM Energy Co6.750% 08/01/20290.3%
OneMain Finance Corp7.125% 03/15/20260.3%
Sirius XM Radio Inc3.125% 09/01/20260.3%
National Mentor Holdings Inc9.097% 03/02/20280.3%
Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd11.000% 04/15/20290.3%
TerraForm Power Operating LLC5.000% 01/31/20280.3%
Strathcona Resources Ltd/Alberta6.875% 08/01/20260.3%
Univision Communications Inc8.000% 08/15/20280.3%
Catalent Pharma Solutions Inc5.000% 07/15/20270.3%
Algonquin Power & Utilities Corp4.750% 01/18/20820.3%
MGM Resorts International5.500% 04/15/20270.3%
US Acute Care Solutions LLC9.750% 05/15/20290.3%
Smyrna Ready Mix Concrete LLC6.000% 11/01/20280.3%
EnQuest PLC11.625% 11/01/20270.3%
Herens Midco Sarl5.250% 05/15/20290.3%
Petroleos Mexicanos8.750% 06/02/20290.3%
Newell Brands Inc6.375% 09/15/20270.3%
NAUTILUS POWER LLC10.846% 11/16/20260.3%
Frontier Communications Holdings LLC6.750% 05/01/20290.3%
Welltec International ApS8.250% 10/15/20260.3%
M&T Bank Corp3.500% 03/01/21730.2%
Helix Energy Solutions Group Inc9.750% 03/01/20290.2%
Hunt Cos Inc5.250% 04/15/20290.2%
CoreCivic Inc8.250% 04/15/20290.2%
Rain Carbon Inc12.250% 09/01/20290.2%
Berry Petroleum Co LLC7.000% 02/15/20260.2%
ADMI Corp9.111% 12/23/20270.2%
Freedom Mortgage Holdings LLC9.250% 02/01/20290.2%
Unisys Corp6.875% 11/01/20270.2%
Summer BC Holdco A Sarl9.250% 10/31/20270.2%
Park-Ohio Industries Inc6.625% 04/15/20270.2%
Gainwell Acquisition Corp9.435% 10/01/20270.2%
CVR Partners LP / CVR Nitrogen Finance Corp6.125% 06/15/20280.2%
Civitas Resources Inc5.000% 10/15/20260.2%
Miller Homes Group Finco PLC7.000% 05/15/20290.2%
Seadrill Finance Ltd8.375% 08/01/20300.2%
Cloud Software Group Inc9.000% 09/30/20290.2%
Vistra Corp7.000% 06/15/21730.2%
Enviri Corp5.750% 07/31/20270.2%
Ahlstrom Holding 3 Oy4.875% 02/04/20280.2%
Global Auto Holdings Ltd/AAG FH UK Ltd8.375% 01/15/20290.2%
Asurion LLC10.611% 01/20/20290.2%
GEO Group Inc/The8.625% 04/15/20290.2%
Kodiak Gas Services LLC7.250% 02/15/20290.2%
Piedmont Operating Partnership LP6.875% 07/15/20290.2%
Outfront Media Capital LLC / Outfront Media Capital Corp5.000% 08/15/20270.2%
Aretec Group Inc9.247% 08/09/20300.2%
Iceland Bondco PLC10.875% 12/15/20270.2%
Lightstone Holdco LLC11.002% 01/29/20270.2%
W&T Offshore Inc11.750% 02/01/20260.2%
Iliad Holding SASU7.000% 10/15/20280.2%
Carvana Co13.000% 06/01/20300.2%
Melco Resorts Finance Ltd5.750% 07/21/20280.2%
Landsea Homes Corp8.875% 04/01/20290.2%
Ford Motor Credit Co LLC5.125% 06/16/20250.2%
Cerdia Finanz GmbH10.500% 02/15/20270.2%
Directv Financing LLC10.526% 08/02/20290.2%
NOVA Chemicals Corp5.250% 06/01/20270.2%
Algoma Steel Inc9.125% 04/15/20290.2%
Blue Owl Technology Finance Corp II6.750% 04/04/20290.2%
Global Marine Inc7.000% 06/01/20280.2%
Novelis Corp3.250% 11/15/20260.2%
Noble Finance II LLC8.000% 04/15/20300.2%
Delek Logistics Partners LP / Delek Logistics Finance Corp7.125% 06/01/20280.2%
Lumen Technologies Inc7.742% 04/15/20290.2%
AdaptHealth LLC6.125% 08/01/20280.2%
Ally Financial Inc8.000% 11/01/20310.2%
ASG Finance Designated Activity Co9.750% 05/15/20290.2%
LABL Inc9.500% 11/01/20280.2%
Osaic Holdings Inc9.247% 08/17/20280.2%
Diamond Foreign Asset Co / Diamond Finance LLC8.500% 10/01/20300.2%
LABL Inc10.500% 07/15/20270.2%
Gap Inc/The3.625% 10/01/20290.2%
Market Bidco Finco PLC5.500% 11/04/20270.2%
Arko Corp5.125% 11/15/20290.2%
Medco Bell Pte Ltd6.375% 01/30/20270.2%
Enphase Energy Inc0.000% 03/01/20280.2%
Griffon Corp5.750% 03/01/20280.2%
Vistra Corp8.875% 07/15/21730.2%
Ken Garff Automotive LLC4.875% 09/15/20280.2%
Eco Material Technologies Inc7.875% 01/31/20270.2%
First Quantum Minerals Ltd9.375% 03/01/20290.2%
Punch Finance PLC6.125% 06/30/20260.2%
Camelot Return Merger Sub Inc8.750% 08/01/20280.2%
Howard Hughes Corp/The5.375% 08/01/20280.2%
Newell Brands Inc6.625% 09/15/20290.2%
ATI Inc5.875% 12/01/20270.2%
Dye & Durham Ltd8.625% 04/15/20290.2%
Eldorado Gold Corp6.250% 09/01/20290.2%
LifePoint Health Inc5.375% 01/15/20290.2%
Nexus Buyer LLC9.081% 07/31/20310.2%
HAT Holdings I LLC / HAT Holdings II LLC8.000% 06/15/20270.2%
Iris Holding Inc10.102% 06/28/20280.2%
AMC Entertainment Holdings Inc10.000% 06/15/20260.2%
INEOS Finance PLC6.750% 05/15/20280.2%
Delek Logistics Partners LP / Delek Logistics Finance Corp8.625% 03/15/20290.2%
Ingenovis Health Inc9.611% 03/06/20280.2%
Hilcorp Energy I LP / Hilcorp Finance Co6.250% 11/01/20280.2%
TEGNA Inc4.625% 03/15/20280.2%
RVR Dealership Holdings LLC9.097% 02/08/20280.2%
LGI Homes Inc8.750% 12/15/20280.2%
Coty Inc5.000% 04/15/20260.2%
CA Magnum Holdings5.375% 10/31/20260.2%
Compass Minerals International Inc6.750% 12/01/20270.2%
Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl8.750% 05/01/20290.2%
BCP V Modular Services Finance II PLC6.125% 11/30/20280.2%
NOVA Chemicals Corp9.000% 02/15/20300.2%
Pinnacle Bidco PLC10.000% 10/11/20280.2%
McGraw-Hill Education Inc5.750% 08/01/20280.2%
CPM Holdings Inc9.842% 09/28/20280.2%
AVSC Holding Corp8.944% 03/03/20250.2%
Antero Midstream Partners LP / Antero Midstream Finance Corp5.750% 03/01/20270.2%
Wells Fargo & Co6.422% 04/22/20280.2%
NCR Voyix Corp5.125% 04/15/20290.2%
Frontier Communications Holdings LLC5.875% 10/15/20270.2%
Rakuten Group Inc11.250% 02/15/20270.2%
Life Time Inc5.750% 01/15/20260.2%
Directv Financing LLC / Directv Financing Co-Obligor Inc5.875% 08/15/20270.2%
Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC10.500% 02/15/20280.2%
Goodyear Tire & Rubber Co/The5.000% 05/31/20260.2%
Medical Solutions Holdings Inc8.602% 11/01/20280.2%
American Airlines Inc/AAdvantage Loyalty IP Ltd5.750% 04/20/20290.2%
FirstCash Inc4.625% 09/01/20280.2%
Rakuten Group Inc5.125% 10/22/21720.2%
Navient Corp6.750% 06/15/20260.2%
US Bancorp3.700% 01/15/21730.2%
CPI CG Inc10.000% 07/15/20290.2%
Ashton Woods USA LLC / Ashton Woods Finance Co4.625% 08/01/20290.2%
Star Parent Inc9.085% 09/27/20300.2%
Talos Production Inc9.375% 02/01/20310.2%
Mauser Packaging Solutions Holding Co7.875% 08/15/20260.2%
PennyMac Financial Services Inc7.875% 12/15/20290.2%
Sabre GLBL Inc8.625% 06/01/20270.2%
gategroup Finance Luxembourg SA3.000% 02/28/20270.2%
Modena Buyer LLC9.832% 07/01/20310.2%
Ascent Resources Utica Holdings LLC / ARU Finance Corp5.875% 06/30/20290.2%
ILFC E-Capital Trust II7.409% 12/21/20650.2%
Popular Inc7.250% 03/13/20280.2%
Cogent Communications Group Inc / Cogent Communications Finance Inc7.000% 06/15/20270.2%
LFS Topco LLC5.875% 10/15/20260.2%
Tronox Inc4.625% 03/15/20290.2%
INEOS Quattro Finance 2 Plc9.625% 03/15/20290.2%
World Acceptance Corp7.000% 11/01/20260.2%
Tenneco Inc8.000% 11/17/20280.2%
Grinding Media Inc9.569% 10/12/20280.2%
GGAM Finance Ltd8.000% 02/15/20270.2%
RAC Bond Co PLC5.250% 11/04/20460.2%
Nordstrom Inc4.000% 03/15/20270.2%
Team Health Holdings Inc0.000% 03/02/20270.2%
City Football Group Ltd8.392% 07/22/20300.2%
Avis Budget Car Rental LLC / Avis Budget Finance Inc5.750% 07/15/20270.2%
JELD-WEN Inc4.875% 12/15/20270.2%
Solaris Midstream Holdings LLC7.625% 04/01/20260.2%
Ascensus Holdings Inc8.861% 08/02/20280.2%
Legacy LifePoint Health LLC4.375% 02/15/20270.2%
Mercer International Inc5.125% 02/01/20290.2%
QVC Inc4.750% 02/15/20270.2%
30-YR UMBS-TBA PROD SEP6.000% 02/01/20540.2%
Dexko Global Inc9.346% 10/04/20280.2%
PRA Group Inc8.875% 01/31/20300.2%
SIG PLC5.250% 11/30/20260.2%
LCPR Senior Secured Financing DAC6.750% 10/15/20270.2%
Vibrantz Technologies Inc9.704% 04/23/20290.2%
FORWARD AIR CORPORATION9.752% 12/19/20300.2%
SCIL IV LLC / SCIL USA Holdings LLC5.375% 11/01/20260.2%
ACProducts Holdings Inc9.846% 05/17/20280.2%
ASP Unifrax Holdings Inc5.250% 09/30/20280.2%
GrubHub Holdings Inc5.500% 07/01/20270.2%
Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp5.250% 05/15/20270.2%
SierraCol Energy Andina LLC6.000% 06/15/20280.2%
OneMain Finance Corp7.875% 03/15/20300.2%
SK Invictus Intermediate II Sarl5.000% 10/30/20290.2%
NRG Energy Inc10.250% 09/15/21720.2%
CCO Holdings LLC / CCO Holdings Capital Corp6.375% 09/01/20290.2%
Navient Corp9.375% 07/25/20300.2%
Santander Holdings USA Inc7.660% 11/09/20310.1%
Calpine Corp5.125% 03/15/20280.1%
INEOS Finance PLC7.500% 04/15/20290.1%
Azul Secured Finance LLP11.930% 08/28/20280.1%
CHS/Community Health Systems Inc6.125% 04/01/20300.1%
PennyMac Financial Services Inc5.375% 10/15/20250.1%
Chemours Co/The5.375% 05/15/20270.1%
Vistra Operations Co LLC5.625% 02/15/20270.1%
Peebles Park CLO Ltd7.282% 04/21/20370.1%
Selecta Group BV8.000% 04/01/20260.1%
CSC Holdings LLC11.750% 01/31/20290.1%
American Trailer World Corp9.097% 03/03/20280.1%
Macy's Retail Holdings LLC5.875% 04/01/20290.1%
Canacol Energy Ltd5.750% 11/24/20280.1%
PennyMac Corp5.500% 03/15/20260.1%
Jefferson Capital Holdings LLC6.000% 08/15/20260.1%
Wynn Macau Ltd5.500% 10/01/20270.1%
West China Cement Ltd4.950% 07/08/20260.1%
NCL Finance Ltd6.125% 03/15/20280.1%
EPIC Y-Grade Services LP11.068% 06/29/20290.1%
Univision Communications Inc7.375% 06/30/20300.1%
Jaguar Land Rover Automotive PLC5.875% 01/15/20280.1%
USA Compression Partners LP / USA Compression Finance Corp7.125% 03/15/20290.1%
Nationstar Mortgage Holdings Inc6.000% 01/15/20270.1%
Ardonagh Group Finco Pty Ltd0.000% 02/17/20310.1%
ZF North America Capital Inc7.125% 04/14/20300.1%
Post Holdings Inc2.500% 08/15/20270.1%
Enstall Group BV10.596% 08/30/20280.1%
Evergreen Acqco 1 LP / TVI Inc9.750% 04/26/20280.1%
Ocado Group PLC3.875% 10/08/20260.1%
Osaic Holdings Inc10.750% 08/01/20270.1%
Western Digital Corp2.850% 02/01/20290.1%
Tenet Healthcare Corp6.125% 10/01/20280.1%
DARKTRACE PLC0.000% 07/02/20310.1%
Empower CLO 2023-1 Ltd10.785% 04/25/20360.1%
Herens US Holdco Corp9.360% 07/03/20280.1%
Cinemark USA Inc5.250% 07/15/20280.1%
GrafTech Global Enterprises Inc9.875% 12/15/20280.1%
CEC Entertainment LLC6.750% 05/01/20260.1%
Western Alliance Bancorp3.000% 06/15/20310.1%
American Axle & Manufacturing Inc6.500% 04/01/20270.1%
Leviathan Bond Ltd6.500% 06/30/20270.1%
Global Atlantic Fin Co4.700% 10/15/20510.1%
ILFC E-Capital Trust I7.159% 12/21/20650.1%
Vector Group Ltd5.750% 02/01/20290.1%
GGAM Finance Ltd6.875% 04/15/20290.1%
Boxer Parent Co Inc10.866% 07/02/20320.1%
Brookfield Residential Properties Inc / Brookfield Residential US LLC5.000% 06/15/20290.1%
JetBlue Airways Corp / JetBlue Loyalty LP9.875% 09/20/20310.1%
NCR Atleos Corp9.500% 04/01/20290.1%
Permian Resources Operating LLC8.000% 04/15/20270.1%
Ascent Resources Utica Holdings LLC / ARU Finance Corp7.000% 11/01/20260.1%
JFL-Tiger Acquisition Co Inc9.842% 10/17/20300.1%
Gabon Government International Bond6.950% 06/16/20250.1%
Nova Alexandre III SAS9.078% 07/15/20290.1%
Dermatology Intermediate Holdings III Inc10.752% 03/30/20290.1%
Energizer Holdings Inc4.750% 06/15/20280.1%
Hunter US Bidco Inc9.685% 08/19/20280.1%
Nabors Industries Ltd7.500% 01/15/20280.1%
Carlyle US CLO 2022-3 Ltd7.832% 04/20/20370.1%
WaterBridge Midstream Operating LLC10.085% 06/27/20290.1%
Patrick Industries Inc7.500% 10/15/20270.1%
AG Issuer LLC6.250% 03/01/20280.1%
Taseko Mines Ltd8.250% 05/01/20300.1%
Albion Financing 2 Sarl8.750% 04/15/20270.1%
Royal Caribbean Cruises Ltd5.500% 08/31/20260.1%
MOTION FINCO SARL8.835% 11/12/20290.1%
Comstock Resources Inc5.875% 01/15/20300.1%
Edelman Financial Engines Center LLC/The10.497% 10/06/20280.1%
Global Medical Response Inc6.500% 10/01/20250.1%
Bombardier Inc7.500% 02/01/20290.1%
Deuce Finco Plc5.500% 06/15/20270.1%
PHH Mortgage Corp7.875% 03/15/20260.1%
IHO Verwaltungs GmbH4.750% 09/15/20260.1%
Sixth Street CLO XVI Ltd12.702% 01/20/20370.1%
Standard Profil Automotive GmbH6.250% 04/30/20260.1%
Kernel Holding SA6.500% 10/17/20240.1%
Acuris Finance US Inc / Acuris Finance SARL9.000% 08/01/20290.1%
New Enterprise Stone & Lime Co Inc5.250% 07/15/20280.1%
Nabors Industries Inc7.375% 05/15/20270.1%
Kosmos Energy Ltd7.125% 04/04/20260.1%
NUVEI TECHNOLOGIES CORP0.000% 07/18/20310.1%
Tullow Oil PLC10.250% 05/15/20260.1%
GLP Capital LP / GLP Financing II Inc5.250% 06/01/20250.1%
Gen Digital Inc6.750% 09/30/20270.1%
Transocean Aquila Ltd8.000% 09/30/20280.1%
Sixth Street Lending Partners6.500% 03/11/20290.1%
Air Canada3.875% 08/15/20260.1%
Arcline FM Holdings LLC9.567% 06/23/20280.1%
CELESTIAL SATURN PARENT INC11.861% 06/04/20290.1%
Mineral Resources Ltd8.000% 11/01/20270.1%
Madison Park Funding XXXVII Ltd7.901% 04/15/20370.1%
TMS International Corp/DE6.250% 04/15/20290.1%
KeyCorp5.000% 12/15/21720.1%
Iron Mountain Inc4.875% 09/15/20270.1%
CNX Resources Corp6.000% 01/15/20290.1%
Ardonagh Finco Ltd7.750% 02/15/20310.1%
SOUTH FIELD LLC0.000% 08/15/20310.1%
Aethon United BR LP / Aethon United Finance Corp8.250% 02/15/20260.1%
Ziggo Bond Co BV6.000% 01/15/20270.1%
Carlyle US CLO 2024-1 Ltd7.301% 04/15/20370.1%
UBS Group AG5.125% 07/29/21730.1%
Pinewood Finco PLC3.250% 09/30/20250.1%
888 ACQUISITIONS LIMITED10.575% 07/01/20280.1%
Ocado Group PLC10.500% 08/08/20290.1%
Vornado Realty LP2.150% 06/01/20260.1%
Kobe US Midco 2 Inc9.250% 11/01/20260.1%
PBF Holding Co LLC / PBF Finance Corp6.000% 02/15/20280.1%
Ziggo Bond Co BV5.125% 02/28/20300.1%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp4.250% 02/01/20270.1%
SM Energy Co6.625% 01/15/20270.1%
Bellis Acquisition Co PLC8.125% 05/14/20300.1%
Cubic Corp9.569% 05/25/20280.1%
Hertz Corp/The4.625% 12/01/20260.1%
ams-OSRAM AG2.125% 11/03/20270.1%
Brookdale Senior Living Inc0.000% 11/15/20250.1%
Tyler Technologies Inc0.250% 03/15/20260.1%
Encino Acquisition Partners Holdings LLC8.500% 05/01/20280.1%
CD&R Firefly Bidco PLC8.625% 04/30/20290.1%
Star Holding LLC8.750% 08/01/20310.1%
NRG Energy Inc2.750% 06/01/20480.1%
Cifc Funding 2023-III Ltd7.582% 01/20/20370.1%
Guidewire Software Inc1.250% 03/15/20250.1%
Tosca Services LLC9.014% 08/18/20270.1%
Blue Owl Technology Finance Corp4.750% 12/15/20250.1%
SLM Corp3.125% 11/02/20260.1%
Iris Holding Inc10.000% 12/15/20280.1%
Synthomer PLC7.375% 05/02/20290.1%
USA Compression Partners LP / USA Compression Finance Corp6.875% 09/01/20270.1%
Constant Contact Inc9.566% 02/10/20280.1%
Uber Technologies Inc0.875% 12/01/20280.1%
Bloomin' Brands Inc / OSI Restaurant Partners LLC5.125% 04/15/20290.1%
Hunter Douglas Inc8.571% 02/26/20290.1%
TransDigm Inc5.500% 11/15/20270.1%
IMA Industria Macchine Automatiche SpA7.435% 04/15/20290.1%
PATAGONIA BIDCO LIMITED10.450% 11/01/20280.1%
Banco Mercantil del Norte SA/Grand Cayman5.875% 01/24/21730.1%
INEOS Quattro Finance 2 Plc8.500% 03/15/20290.1%
Prime Security Services Borrower LLC / Prime Finance Inc6.250% 01/15/20280.1%
Spin Holdco Inc9.600% 03/04/20280.1%
Raising Cane's Restaurants LLC9.375% 05/01/20290.1%
China Hongqiao Group Ltd7.750% 03/27/20250.1%
Ahead DB Holdings LLC6.625% 05/01/20280.1%
Cushman & Wakefield US Borrower LLC6.750% 05/15/20280.1%
Sunrise HoldCo IV BV5.500% 01/15/20280.1%
NCL Corp Ltd5.875% 03/15/20260.1%
Rocket Software Inc9.997% 11/28/20280.1%
Freedom Mortgage Corp12.250% 10/01/20300.1%
United Natural Foods Inc6.750% 10/15/20280.1%
Tetra Tech Inc2.250% 08/15/20280.1%
Societe Generale SA9.375% 05/22/21730.1%
HLF Financing Sarl LLC / Herbalife International Inc12.250% 04/15/20290.1%
MC Brazil Downstream Trading SARL7.250% 06/30/20310.1%
Merit Medical Systems Inc3.000% 02/01/20290.1%
Xerox Holdings Corp8.875% 11/30/20290.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer7.000% 02/01/20300.1%
Axon Enterprise Inc0.500% 12/15/20270.1%
Lumen Technologies Inc4.000% 02/15/20270.1%
Itron Inc1.375% 07/15/20300.1%
Blue Racer Midstream LLC / Blue Racer Finance Corp7.000% 07/15/20290.1%
Travis Perkins PLC3.750% 02/17/20260.1%
CyberArk Software Ltd0.000% 11/15/20240.1%
OSI Systems Inc2.250% 08/01/20290.1%
Eskom Holdings SOC Ltd7.125% 02/11/20250.1%
888 Acquisitions Ltd7.558% 07/15/20270.1%
Iliad Holding SASU6.500% 10/15/20260.1%
Virgin Media Bristol LLC8.656% 03/31/20310.1%
CPV Fairview LLC8.838% 08/14/20310.1%
Fortress Transportation and Infrastructure Investors LLC5.500% 05/01/20280.1%
VistaJet Malta Finance PLC / Vista Management Holding Inc7.875% 05/01/20270.1%
Royal Caribbean Cruises Ltd5.500% 04/01/20280.1%
Group 1 Automotive Inc6.375% 01/15/20300.1%
Amynta Agency Borrower Inc0.000% 02/28/20280.1%
AdaptHealth LLC4.625% 08/01/20290.1%
South Bow Canadian Infrastructure Holdings Ltd7.625% 03/01/20550.1%
Minerals Technologies Inc5.000% 07/01/20280.1%
Connect Finco SARL / Connect US Finco LLC6.750% 10/01/20260.1%
Welltower OP LLC2.750% 05/15/20280.1%
Staples Inc11.084% 09/04/20290.1%
PPL Capital Funding Inc2.875% 03/15/20280.1%
Allied Universal Holdco LLC9.097% 05/12/20280.1%
Sabre GLBL Inc11.250% 12/15/20270.1%
SM Energy Co7.000% 08/01/20320.1%
Buckeye Partners LP6.875% 07/01/20290.1%
Granite Construction Inc3.750% 05/15/20280.1%
Sinclair Television Group Inc8.514% 04/01/20280.1%
Standard Industries Inc/NY5.000% 02/15/20270.1%
Virgin Media Secured Finance PLC4.500% 08/15/20300.1%
SiriusPoint Ltd7.000% 04/05/20290.1%
1375209 BC Ltd9.000% 01/30/20280.1%
EquipmentShare.com Inc8.625% 05/15/20320.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.750% 04/15/20280.1%
American Airlines Inc/AAdvantage Loyalty IP Ltd5.500% 04/20/20260.1%
Select Medical Corp6.250% 08/15/20260.1%
MIWD Holdco II LLC / MIWD Finance Corp5.500% 02/01/20300.1%
Polaris Newco LLC7.722% 06/02/20280.1%
Venture Global Calcasieu Pass LLC6.250% 01/15/20300.1%
El Salvador Government International Bond6.375% 01/18/20270.1%
BCPE GRILL PARENT10.002% 09/30/20300.1%
Grupo Antolin-Irausa SA10.375% 01/30/20300.1%
NGL Energy Operating LLC / NGL Energy Finance Corp8.125% 02/15/20290.1%
Bank of America Corp0.000% -0.1%
Genesis Energy LP / Genesis Energy Finance Corp8.250% 01/15/20290.1%
Engineered Machinery Holdings Inc11.596% 05/21/20290.1%
Herbalife Nutrition Ltd / HLF Financing Inc7.875% 09/01/20250.1%
30-YR GNMA II-TBA PROD SEP6.000% 06/01/20540.1%
SM Energy Co6.500% 07/15/20280.1%
Penn Entertainment Inc4.125% 07/01/20290.1%
ATI Inc3.500% 06/15/20250.1%
FXI Holdings Inc12.250% 11/15/20260.1%
Freeport LNG Investments LLLP9.044% 12/21/20280.1%
Pitney Bowes Inc6.875% 03/15/20270.1%
Hughes Satellite Systems Corp6.625% 08/01/20260.1%
Hilcorp Energy I LP / Hilcorp Finance Co5.750% 02/01/20290.1%
FirstCash Inc5.625% 01/01/20300.1%
MicroStrategy Inc6.125% 06/15/20280.1%
Virtusa Corp7.125% 12/15/20280.1%
Atlantica Sustainable Infrastructure Jersey Ltd4.000% 07/15/20250.1%
EQM Midstream Partners LP7.500% 06/01/20270.1%
Champions Financing Inc8.750% 02/15/20290.1%
Canpack SA / Canpack US LLC3.125% 11/01/20250.1%
Pitney Bowes Inc7.250% 03/15/20290.1%
Nationstar Mortgage Holdings Inc5.500% 08/15/20280.1%
Mitchell International Inc10.497% 06/17/20320.1%
Alta Equipment Group Inc9.000% 06/01/20290.1%
Angolan Government International Bond8.250% 05/09/20280.1%
Outfront Media Capital LLC / Outfront Media Capital Corp4.250% 01/15/20290.1%
Calpine Corp5.250% 06/01/20260.1%
Kosmos Energy Ltd7.500% 03/01/20280.1%
Transocean Inc4.625% 09/30/20290.1%
Studio City Co Ltd7.000% 02/15/20270.1%
Borr IHC Ltd / Borr Finance LLC10.375% 11/15/20300.1%
Voya CLO 2023-1 Ltd8.132% 01/20/20370.1%
Ocado Group PLC10.500% 08/08/20290.1%
Advancion Holdings LLC13.097% 11/24/20280.1%
Navient Corp11.500% 03/15/20310.1%
JB Poindexter & Co Inc8.750% 12/15/20310.1%
Carnival Corp6.000% 05/01/20290.1%
Mineral Resources Ltd8.500% 05/01/20300.1%
Nobian Finance BV3.625% 07/15/20260.1%
GN Bondco LLC9.500% 10/15/20310.1%
CHS/Community Health Systems Inc6.875% 04/15/20290.1%
Staples Inc12.750% 01/15/20300.1%
Bombardier Inc6.000% 02/15/20280.1%
CD+R HYDRA BUYER INC9.347% 03/25/20310.1%
Standard Chartered PLC3.516% 02/12/20300.1%
VF Ukraine PAT via VFU Funding PLC6.200% 02/11/20250.1%
Plaskolite PPC Intermediate II LLC9.361% 12/15/20250.1%
Macquarie Airfinance Holdings Ltd8.375% 05/01/20280.1%
Glaukos Corp2.750% 06/15/20270.1%
LABL Inc5.875% 11/01/20280.1%
Gulfport Energy Corp8.000% 05/17/20260.1%
Chemours Co/The5.750% 11/15/20280.1%
Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl4.625% 05/01/20280.1%
DTI Holdco Inc9.997% 04/26/20290.1%
ION Trading Technologies Sarl5.750% 05/15/20280.1%
Chord Energy Corp6.375% 06/01/20260.1%
United PF Holdings LLC9.514% 12/30/20260.1%
First Quantum Minerals Ltd6.875% 10/15/20270.1%
Lumen Technologies Inc7.742% 04/15/20300.1%
Herc Holdings Inc5.500% 07/15/20270.1%
McAfee Corp8.592% 03/01/20290.1%
Mangrove Luxco III Sarl8.674% 07/15/20290.1%
eResearchTechnology Inc9.247% 02/04/20270.1%
Teva Pharmaceutical Finance Netherlands III BV6.750% 03/01/20280.1%
Torrid LLC10.933% 06/14/20280.1%
Hughes Satellite Systems Corp5.250% 08/01/20260.1%
ams-OSRAM AG12.250% 03/30/20290.1%
GEO Group Inc/The10.250% 04/15/20310.1%
Sunoco LP / Sunoco Finance Corp7.000% 09/15/20280.1%
Scripps Escrow Inc5.875% 07/15/20270.1%
Physician Partners LLC9.564% 12/26/20280.1%
Clear Channel Outdoor Holdings Inc5.125% 08/15/20270.1%
Ivanti Software Inc9.833% 12/01/20270.1%
USIC Holdings Inc12.096% 05/14/20290.1%
Piedmont Operating Partnership LP9.250% 07/20/20280.1%
CCO Holdings LLC / CCO Holdings Capital Corp5.000% 02/01/20280.1%
Isolved Inc8.747% 10/15/20300.1%
CHS/Community Health Systems Inc8.000% 12/15/20270.1%
Mercer International Inc12.875% 10/01/20280.1%
STL Holding Co LLC8.750% 02/15/20290.1%
Owens & Minor Inc4.500% 03/31/20290.1%
CITGO Petroleum Corp7.000% 06/15/20250.1%
Fitness International LLC10.497% 02/05/20290.1%
PRA Group Inc5.000% 10/01/20290.1%
FXI Holdings Inc12.250% 11/15/20260.1%
Manuchar Group Sarl7.250% 06/30/20270.1%
Park River Holdings Inc8.843% 12/28/20270.1%
Permian Resources Operating LLC3.250% 04/01/20280.1%
HAMILTON PROJECTS ACQUIROR LLC8.831% 05/22/20310.1%
Zegona Finance PLC8.625% 07/15/20290.1%
GPS Hospitality Holding Co LLC / GPS Finco Inc7.000% 08/15/20280.1%
Royal Caribbean Cruises Ltd5.375% 07/15/20270.1%
CITGO Petroleum Corp6.375% 06/15/20260.1%
Wynn Macau Ltd4.500% 03/07/20290.1%
Specialty Building Products Holdings LLC / SBP Finance Corp6.375% 09/30/20260.1%
Newell Brands Inc4.875% 06/01/20250.1%
Jacobs Entertainment Inc6.750% 02/15/20290.1%
IHO Verwaltungs GmbH6.375% 05/15/20290.1%
Genesis Energy LP / Genesis Energy Finance Corp8.000% 01/15/20270.1%
HCA Inc5.375% 02/01/20250.1%
Ensono Inc9.361% 05/26/20280.1%
Epicor Software Corp8.497% 05/23/20310.1%
Genting New York LLC / GENNY Capital Inc3.300% 02/15/20260.1%
Dermatology Intermediate Holdings III Inc9.502% 03/30/20290.1%
Nine Energy Service Inc13.000% 02/01/20280.1%
Mercer International Inc5.500% 01/15/20260.1%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc2.875% 10/15/20260.1%
Comerica Inc5.982% 01/30/20300.1%
Sinclair Television Group Inc9.102% 04/21/20290.1%
Brand Industrial Services Inc9.748% 08/01/20300.1%
NCL Corp Ltd5.875% 02/15/20270.1%
Gates Corp/DE6.875% 07/01/20290.1%
CP Atlas Buyer Inc9.097% 11/23/20270.1%
ING Groep NV6.925% 09/11/20270.1%
HCA Inc5.250% 04/15/20250.1%
Pattern Energy Operations LP / Pattern Energy Operations Inc4.500% 08/15/20280.1%
Sizzling Platter LLC / Sizzling Platter Finance Corp8.500% 11/28/20250.1%
MGM China Holdings Ltd5.875% 05/15/20260.1%
CHS/Community Health Systems Inc6.875% 04/01/20280.1%
Red Planet Borrower LLC8.847% 10/02/20280.1%
United Wholesale Mortgage LLC5.500% 04/15/20290.1%
Weekley Homes LLC / Weekley Finance Corp4.875% 09/15/20280.1%
Aretec Group Inc10.000% 08/15/20300.1%
Dana Inc5.625% 06/15/20280.1%
HF Sinclair Corp6.375% 04/15/20270.1%
Garda World Security Corp7.750% 02/15/20280.1%
HRNI Holdings LLC9.735% 12/11/20280.1%
Tank Holding Corp11.097% 03/31/20280.1%
WaterBridge NDB Operating LLC9.603% 05/10/20290.1%
BCP V Modular Services Finance PLC6.750% 11/30/20290.1%
Amber Finco PLC6.625% 07/15/20290.1%
Alexander Funding Trust II7.467% 07/31/20280.1%
TGP Holdings III LLC8.597% 06/29/20280.1%
USIC Holdings Inc0.000% 05/12/20280.1%
Anastasia Parent LLC9.346% 08/11/20250.1%
B&G Foods Inc8.000% 09/15/20280.1%
Brookhaven Park CLO LTD7.279% 04/19/20370.1%
AerCap Holdings NV5.875% 10/10/20790.1%
OHA Loan Funding 2016-1 Ltd7.382% 07/20/20370.1%
Williams Scotsman Inc6.625% 06/15/20290.1%
M/I Homes Inc3.950% 02/15/20300.1%
EQM Midstream Partners LP6.375% 04/01/20290.1%
UBS Group AG9.250% 05/13/21730.1%
CD&R Firefly Bidco PLC8.625% 04/30/20290.1%
MH Sub I LLC11.502% 02/23/20290.1%
Flutter Treasury Designated Activity Co6.375% 04/29/20290.1%
AthenaHealth Group Inc8.502% 02/15/20290.1%
EPIC Crude Services LP10.361% 03/02/20260.1%
Navient Corp6.750% 06/25/20250.1%
Crosby US Acquisition Corp9.247% 08/16/20290.1%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp5.250% 10/01/20250.1%
Oceaneering International Inc6.000% 02/01/20280.1%
Stena International SA7.250% 01/15/20310.1%
NCL Corp Ltd8.375% 02/01/20280.1%
Palmer Square CLO 2023-3 Ltd8.182% 01/20/20370.1%
SPX FLOW Inc8.747% 04/05/20290.1%
Oceaneering International Inc6.000% 02/01/20280.0%
MH Sub I LLC9.502% 05/03/20280.0%
IPD 3 BV7.086% 06/15/20310.0%
NCL Corp Ltd8.125% 01/15/20290.0%
ACProducts Holdings Inc6.375% 05/15/20290.0%
Stena International SA7.625% 02/15/20310.0%
Owens & Minor Inc6.625% 04/01/20300.0%
Synthomer PLC7.375% 05/02/20290.0%
AG TTMT Escrow Issuer LLC8.625% 09/30/20270.0%
Turning Point Brands Inc5.625% 02/15/20260.0%
Stillwater Mining Co4.000% 11/16/20260.0%
Precision Drilling Corp6.875% 01/15/20290.0%
BANGL LLC9.825% 02/01/20290.0%
Vistra Corp8.000% 04/15/21730.0%
Vistra Operations Co LLC5.000% 07/31/20270.0%
Delta Topco Inc8.846% 11/30/20290.0%
Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc8.000% 06/15/20290.0%
Triumph Group Inc9.000% 03/15/20280.0%
Macquarie Airfinance Holdings Ltd8.125% 03/30/20290.0%
American Axle & Manufacturing Inc6.875% 07/01/20280.0%
UBS Group AG7.750% 04/12/21730.0%
Sani/Ikos Financial Holdings 1 Sarl7.250% 07/31/20300.0%
Bausch Health Cos Inc9.000% 12/15/20250.0%
Triton Water Holdings Inc9.335% 03/31/20280.0%
XPO Inc6.250% 06/01/20280.0%
Dream Finders Homes Inc8.250% 08/15/20280.0%
Energy Transfer LP8.000% 05/15/20540.0%
Kernel Holding SA6.750% 10/27/20270.0%
Canpack SA / Canpack US LLC3.875% 11/15/20290.0%
LifePoint Health Inc11.000% 10/15/20300.0%
Precision Drilling Corp7.125% 01/15/20260.0%
Summer BC Holdco B SARL5.750% 10/31/20260.0%
OneDigital Borrower LLC8.497% 07/02/20310.0%
MGM China Holdings Ltd5.250% 06/18/20250.0%
Wellpath Holdings Inc0.000% 10/01/20250.0%
TEGNA Inc4.750% 03/15/20260.0%
New York Community Bancorp Inc8.269% 11/06/20280.0%
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp6.000% 03/01/20270.0%
Tenet Healthcare Corp5.125% 11/01/20270.0%
AA Bond Co Ltd6.500% 01/31/20260.0%
Oaktree CLO 2023-2 Ltd10.732% 07/20/20360.0%
M/I Homes Inc4.950% 02/01/20280.0%
Elanco Animal Health Inc6.650% 08/28/20280.0%
BCPE Ulysses Intermediate Inc7.750% 04/01/20270.0%
Lumen Technologies Inc4.125% 04/15/20290.0%
Empire Resorts Inc7.750% 11/01/20260.0%
Advancion Holdings LLC9.347% 11/24/20270.0%
Shea Homes LP / Shea Homes Funding Corp4.750% 02/15/20280.0%
Newell Brands Inc5.700% 04/01/20260.0%
Altice France SA2.125% 02/15/20250.0%
IMA Industria Macchine Automatiche SpA7.412% 04/15/20290.0%
Howard Hughes Corp/The4.125% 02/01/20290.0%
Resonetics LLC9.092% 06/18/20310.0%
TransDigm Inc6.750% 08/15/20280.0%
United States Steel Corp6.875% 03/01/20290.0%
Warrior Met Coal Inc7.875% 12/01/20280.0%
JW Aluminum Continuous Cast Co10.250% 06/01/20260.0%
GTCR Everest Borrower LLC0.000% 06/03/20310.0%
Mineral Resources Ltd9.250% 10/01/20280.0%
Project Boost Purchaser LLC10.533% 07/16/20320.0%
Tidewater Inc10.375% 07/03/20280.0%
Delta Topco Inc10.596% 11/29/20300.0%
Sinclair Television Group Inc8.014% 09/30/20260.0%
CPUK Finance Ltd4.500% 08/28/20270.0%
AerCap Global Aviation Trust6.500% 06/15/20450.0%
Jones Deslauriers Insurance Management Inc8.500% 03/15/20300.0%
Clear Channel Outdoor Holdings Inc9.000% 09/15/20280.0%
Matador Resources Co6.875% 04/15/20280.0%
Project Boost Purchaser LLC8.786% 07/16/20310.0%
Engineered Machinery Holdings Inc12.096% 05/21/20290.0%
Cubic Corp9.569% 05/25/20280.0%
Azul Secured Finance LLP11.500% 05/28/20290.0%
Recess Holdings Inc9.752% 02/20/20300.0%
Welltec International ApS8.250% 10/15/20260.0%
Albion Financing 3 SARL9.826% 08/17/20290.0%
Coronado Finance Pty Ltd10.750% 05/15/20260.0%
Alloy Finco Ltd0.500% 03/06/20250.0%
Applied Systems Inc10.585% 02/23/20320.0%
Catalent Pharma Solutions Inc2.375% 03/01/20280.0%
IPD 3 BV7.086% 06/15/20310.0%
NEP Group Inc12.361% 10/19/20260.0%
Iceland Bondco PLC10.875% 12/15/20270.0%
VF Ukraine PAT via VFU Funding PLC6.200% 02/11/20250.0%
Talen Energy Supply LLC8.625% 06/01/20300.0%
Tank Holding Corp11.347% 03/31/20280.0%
Provident Funding Associates LP / PFG Finance Corp6.375% 06/15/20250.0%
Lightstone Holdco LLC11.002% 01/29/20270.0%
Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc4.125% 08/15/20260.0%
FX USD/GBP 12/240.000% 12/06/20240.0%
Navient Corp4.875% 03/15/20280.0%
National Mentor Holdings Inc9.185% 03/02/20280.0%
Credit Default Swap5.000% 12/20/20250.0%
ECL Entertainment LLC9.247% 08/31/20300.0%
Vistra Operations Co LLC5.500% 09/01/20260.0%
Frontier Communications Holdings LLC6.000% 01/15/20300.0%
Tank Holding Corp0.010% 03/31/20280.0%
Lumen Technologies Inc4.125% 04/15/20300.0%
Rain CII Carbon LLC / CII Carbon Corp7.250% 04/01/20250.0%
Elwood Energy LLC8.159% 07/05/20260.0%
Icebox Holdco III Inc9.346% 12/22/20280.0%
ESC GCB HERTZ CORP6.250% 10/15/20220.0%
ESC GCB144A HERTZ CORP5.500% 10/15/20240.0%
FX USD/CHF 11/240.000% 11/15/20240.0%
US 2YR NOTE (CBT) Dec240.000% 01/06/20250.0%
FX USD/CHF 11/240.000% 11/15/20240.0%
Epicor Software Corp0.000% 05/30/20310.0%
FX USD/EUR 11/240.000% 11/20/20240.0%
US 5YR NOTE (CBT) Dec240.000% 01/06/20250.0%

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.

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

For
YTD Dividends Paidas of 10/21/2024
$0.60897
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 09/30/2024 $0.06613 $10.01
Daily Daily 08/31/2024 $0.06825 $9.95
Daily Daily 07/31/2024 $0.06766 $9.90
Daily Daily 06/30/2024 $0.06747 $9.81
Daily Daily 05/31/2024 $0.06816 $9.79
Daily Daily 04/30/2024 $0.06796 $9.76
Daily Daily 03/31/2024 $0.06773 $9.87
Daily Daily 02/29/2024 $0.06708 $9.83
Daily Daily 01/31/2024 $0.06855 $9.84

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 10/31/2024
Daily Daily 11/30/2024
Daily Daily 12/31/2024

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 $0.0570 $0.0977 $0.1547 $10.70
*

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. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 10/21/2024

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $10.21
$100,000 to $249,999 1.75% 1.50% $10.16
$250,000 to $499,999 1.25% 1.00% $10.11
Greater than $500,000 0.00% 1.00% $9.98

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

SALES CHARGE REDUCTIONS AND WAIVERS

Please inform the fund company or your financial intermediary at the time of your purchase of fund shares if you believe you qualify for a reduced front-end sales charge.

Reducing Your Class A Share Front-End Sales Charge
You may purchase Class A shares at a discount if you qualify under the circumstances outlined below. To receive a reduced front-end sales charge, you must let the fund or your financial intermediary know at the time of your purchase of fund shares that you believe you qualify for a discount. If you or a related party have holdings of eligible funds (as defined below) in other accounts with your financial intermediary or with other financial intermediaries that may be combined with your current purchases in determining the sales charge as described below, you must inform a fund or your financial intermediary. You may be asked to provide supporting account statements or other information to allow us or your financial intermediary to verify your eligibility for a discount. If you or your financial intermediary do not notify a fund or provide the requested information, you may not receive the reduced sales charge for which you otherwise qualify. Class A shares may be purchased at a discount if you qualify under either of the following conditions:

  • Rights of Accumulation - A Purchaser (as defined below) may combine thevalue of Class A, A1, C, F, and P shares of any Eligible Fund currentlyowned with a new purchase of Class A shares of any Eligible Fund in orderto reduce the sales charge on the new purchase. Class F3, I, R2, R3, R4, R5,and R6 share holdings may not be combined for these purposes.To the extent that your financial intermediary is able to do so, the value ofClass A, A1, C, F, and P shares of Eligible Funds determined for the purposeof reducing the sales charge of a new purchase under the Rights ofAccumulation will be calculated at the higher of: (1) the aggregate currentmaximum offering price of your existing Class A, A1, C, F, and P shares ofEligible Funds; or (2) the aggregate amount you invested in such shares(including dividend reinvestments but excluding capital appreciation) less anyredemptions. You should retain any information and account recordsnecessary to substantiate the historical amounts you and any relatedPurchasers have invested in Eligible Funds. You must inform the Fund and/or your financial intermediary at the time of purchase if you believe yourpurchase qualifies for a reduced sales charge and you may be requested toprovide documentation of your holdings in order to verify your eligibility. Ifyou do not do so, you may not receive all sales charge reductions for whichyou are eligible.

  • Letter of Intention — In order to reduce your Class A front-end salescharge, a Purchaser may combine purchases of Class A, A1, C, F, and Pshares of any Eligible Fund the Purchaser intends to make over the next13 months in determining the applicable sales charge. The 13-month Letterof Intention period commences on the day that the Letter of Intention isreceived by the Fund, and the Purchaser must tell the Fund that laterpurchases are subject to the Letter of Intention. Purchases submitted prior tothe date the Letter of Intention is received by the Fund are not countedtoward the sales charge reduction. Current holdings under Rights ofAccumulation may be included in a Letter of Intention in order to reduce thesales charge for purchases during the 13-month period covered by the Letterof Intention. Shares purchased through reinvestment of dividends ordistributions are not included. Class F3, I, R2, R3, R4, R5, and R6 shareholdings may not be combined for these purposes. Class A and A1 shares valued at up to 5% of the amount of intended purchases are escrowed andmay be redeemed to cover the additional sales charges payable if the intendedpurchases under the Letter of Intention are not completed. The Letter ofIntention is neither a binding obligation on you to buy, nor on the Fund tosell, any or all of the intended purchase amount.

Purchaser — A Purchaser includes: (1) an individual; (2) an individual, his or her spouse, domestic partner, and childrenunder the age of 21; (3) retirement and benefit plansincluding a 401(k) plan, profit-sharing plan, moneypurchase plan, defined benefit plan, and 457(b) plan sponsored by a governmental entity, non-profitorganization, school district or church to which employer contributions are made, as well as SIMPLE IRAplans and SEP-IRA plans; or (4) a trustee or other fiduciary purchasing shares for a single trust, estate orsingle fiduciary account or a trust established by the individual as grantor. An individual may include underitem (1) his or her holdings in Eligible Funds as described below in IRAs, as a sole participant of aretirement and benefit plan sponsored by the individual’s business, and as a participant in a 403(b) plan towhich only pre-tax salary deferrals are made. An individual, his or her spouse, and domestic partner mayinclude under item (2) their holdings in IRAs, and as the sole participants in retirement and benefit planssponsored by a business owned by either or both of them. A retirement and benefit plan under item (3)includes all qualified retirement and benefit plans of a single employer and its consolidated subsidiaries,and all qualified retirement and benefit plans of multiple employers registered in the name of a singlebank trustee.

Eligible fund — An eligible fund is any Lord Abbett-sponsored fund except for (1) each portfolio of Lord Abbett Series Fund, Inc., (2) Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. ("Money Market Fund") (except for holdings in Money Market Fund, which are attributable to any shares exchanged from the Lord Abbett-sponsored funds), and (3) any other fund the shares of which are not available to the investor at the time of the transaction due to a limitation on the offering of a fund's shares.

Front-end Sales Charge Waivers
Class A shares may be purchased without a front-end sales charge under any of the following conditions:

  • purchases of $1 million or more (may be subject to a CDSC);
  • purchases by retirement and benefit plans with at least 100 eligible employees (may be subject to a CDSC);
  • purchases for retirement and benefit plans made through financial intermediaries that perform participant recordkeeping or other administrative services for the plans and that have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases (may be subject to a CDSC);
  • purchases made by or on behalf of financial intermediaries for clients that pay the financial intermediaries fees in connection with fee-based advisory program, provided that the financial intermediaries or their trading agents have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases; and
  • certain other types of investors may qualify to purchase Class A share without a front-end sales charge as described in the Statement of Additional Information (SAI).

 

Expense Ratioas of 09/30/2024

Fund Gross Expense Ratio 0.85%
Fund Net Expense Ratio 0.65%
Adjusted Expense Ratio -

Expense ratio details, Click here.

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Annual Tailored Shareholder Report
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
Fund Story
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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
1

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.

 

2

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

3

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

+

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.      

                    

 

IMPORTANT INFORMATION

 

New Fund Risk: The Fund is newly organized. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investing strategy

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 value of your investment will change as interest rates fluctuate and in response to market movements. When interest rates fall, the prices of debt securities tend to rise, and when interest rates rise, the prices of debt securities are likely to decline. 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.

 

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

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 HY U.S. Corp, Cash Pay, BB-B 1-5 YR USD Index consists of BB-B rated U.S. dollar-denominated corporate bonds publicly issued in the U.S. domestic market with maturities of 1 to 5 years.

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.

 

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