About LHYSX
Lord Abbett High Yield Fund Class R4 is a mutual fund that primarily invests in high-yield, lower-rated securities, often referred to as junk bonds, to pursue income and total return. Launched on June 30, 2015, it manages total net assets of $3.41 billion as of September 30, 2025, with a diversified portfolio comprising 702 holdings, including high-yield bonds, bank loans, investment-grade bonds, and limited allocations to equity, convertibles, and cash. The fund features an average effective duration of 3.16 years and average maturity of 5.1 years, alongside an average yield to maturity of 7.76% and a distribution yield of 7.24% as of mid-October 2025. It distributes dividends monthly and maintains a net expense ratio of 0.98%. In the high-yield bond market, this actively managed fund plays a key role by offering exposure to non-investment-grade debt across various credit qualities, from BBB to below B ratings, emphasizing potential income generation amid higher credit risks associated with these securities.
Fund Family Lord Abbett
Category High Yield Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol LHYSX
Share Class Class R4
Index ICE BofA US High Yield Constrained TR
LHYSX had a total return of 1.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.75%.
