Lord Abbett High Yield Fund (LHYAX)
The investment seeks a high current income and the opportunity for capital appreciation to produce a high total return. The fund normally pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in lower-rated debt securities, including corporate debt securities and securities that are convertible into common stock or have warrants to purchase common stock. It may invest up to 20% of its net assets in foreign securities (including emerging market securities and American Depository Receipts ("ADRs")). The fund may invest up to 20% of its net assets in municipal securities.
Fund Info
US54400N1028
54400N102
Dec 31, 1998
$1,500
Expense Ratio
LHYAX has an expense ratio of 0.88%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Lord Abbett High Yield Fund (LHYAX) returned 0.46% year-to-date (YTD) and 6.75% over the past 12 months. Over the past 10 years, LHYAX returned 4.03% annually, underperforming the S&P 500 benchmark at 10.86%.
LHYAX
0.46%
2.42%
0.87%
6.75%
5.64%
5.35%
4.03%
^GSPC (Benchmark)
1.39%
12.89%
1.19%
12.45%
15.19%
14.95%
10.86%
Monthly Returns
The table below presents the monthly returns of LHYAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.20% | 0.55% | -1.42% | -0.98% | 1.13% | 0.46% | |||||||
| 2024 | 0.84% | 0.30% | 0.80% | -0.44% | 1.43% | 0.16% | 2.34% | 0.94% | 2.15% | -0.48% | 0.62% | 0.10% | 9.07% |
| 2023 | 3.63% | -1.71% | 1.33% | 0.32% | -0.70% | 1.54% | 1.37% | -0.40% | -1.95% | -0.83% | 4.50% | 3.10% | 10.42% |
| 2022 | -2.93% | -1.50% | -1.09% | -4.00% | 0.20% | -7.18% | 4.87% | -1.83% | -4.30% | 2.66% | 1.99% | -1.45% | -14.15% |
| 2021 | 0.66% | 1.15% | 0.25% | 1.21% | 0.00% | 1.88% | -0.26% | 0.91% | -0.01% | 0.00% | -0.89% | 1.48% | 6.52% |
| 2020 | -0.08% | -1.57% | -15.25% | 4.28% | 5.20% | 0.94% | 5.08% | 1.86% | -1.25% | 0.69% | 4.26% | 2.05% | 4.51% |
| 2019 | 4.73% | 1.74% | 0.89% | 1.85% | -1.02% | 2.95% | 0.72% | -0.49% | 0.05% | 0.05% | 0.58% | 2.21% | 15.10% |
| 2018 | 0.60% | -1.09% | -0.56% | 0.08% | -0.19% | 0.08% | 0.89% | 1.17% | 0.47% | -2.45% | -1.29% | -2.85% | -5.11% |
| 2017 | 1.69% | 1.41% | -0.28% | 1.28% | 0.61% | 0.08% | 1.39% | -0.05% | 1.11% | 0.59% | 0.07% | 0.34% | 8.53% |
| 2016 | -2.10% | 0.38% | 3.82% | 3.43% | 0.94% | 1.08% | 2.74% | 2.00% | 0.63% | 0.23% | -0.02% | 1.85% | 15.89% |
| 2015 | 0.47% | 2.48% | 0.08% | 1.25% | 0.85% | -1.24% | -0.18% | -1.95% | -2.13% | 2.45% | -1.73% | -2.46% | -2.25% |
| 2014 | 0.50% | 2.17% | 0.23% | 0.49% | 1.25% | 1.62% | -1.38% | 1.48% | -1.91% | 0.99% | -0.33% | -1.57% | 3.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, LHYAX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett High Yield Fund (LHYAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Lord Abbett High Yield Fund provided a 7.27% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.45 | $0.40 | $0.37 | $0.39 | $0.38 | $0.41 | $0.43 | $0.44 | $0.44 | $0.42 | $0.62 |
Dividend yield | 7.27% | 7.10% | 6.40% | 6.07% | 5.25% | 5.12% | 5.46% | 6.28% | 5.66% | 5.86% | 6.07% | 8.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 2024 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.40 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2021 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
| 2020 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2019 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.42 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.21 | $0.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett High Yield Fund was 30.39%, occurring on Dec 12, 2008. Recovery took 153 trading sessions.
The current Lord Abbett High Yield Fund drawdown is 1.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.39% | May 6, 2008 | 154 | Dec 12, 2008 | 153 | Jul 24, 2009 | 307 |
| -24.23% | Feb 21, 2020 | 22 | Mar 23, 2020 | 161 | Nov 9, 2020 | 183 |
| -17.86% | Nov 10, 2021 | 225 | Sep 29, 2022 | 481 | Aug 21, 2024 | 706 |
| -11.77% | Jun 2, 2015 | 177 | Feb 11, 2016 | 97 | Jun 30, 2016 | 274 |
| -10.98% | May 28, 2002 | 95 | Oct 10, 2002 | 97 | Mar 3, 2003 | 192 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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