About LHYQX
Lord Abbett High Yield Fund Class R2 is a mutual fund that primarily invests in high-yield, lower-rated securities, commonly known as junk bonds, to pursue high current income and potential capital appreciation for a high total return. Launched on September 28, 2007, the fund features a diversified portfolio with approximately 685 issues, including high-yield bonds, bank loans, investment-grade bonds, equities, convertibles, and cash, as of late 2025. Its credit quality distribution emphasizes non-investment-grade ratings such as BB, B, and below, alongside some BBB-rated holdings, reflecting its focus on higher-risk, higher-reward fixed-income assets. Key portfolio metrics include total net assets of $3.36 billion, an average effective duration of 3.44 years, average maturity of 4.27 years, and an average yield to maturity of 7.90% as of October 31, 2025. With a net expense ratio of 1.33%, the fund plays a significant role in the high-yield bond segment, offering investors exposure to income-generating securities amid varying interest rate and credit environments, benchmarked against indices like the ICE BofA U.S. High Yield Constrained Index.
Fund Family Lord Abbett
Category High Yield Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol LHYQX
Share Class Class R2
Index ICE BofA US High Yield Constrained TR
LHYQX had a total return of 1.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.13%.
