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 features an expense ratio of 0.88%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lord Abbett High Yield Fund had a return of 1.05% year-to-date (YTD) and 9.86% in the last 12 months. Over the past 10 years, Lord Abbett High Yield Fund had an annualized return of 4.34%, while the S&P 500 had an annualized return of 11.26%, indicating that Lord Abbett High Yield Fund did not perform as well as the benchmark.
LHYAX
1.05%
0.42%
3.81%
9.86%
2.76%
4.34%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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 | 1.21% | 1.05% | |||||||||||
| 2024 | 0.84% | 0.31% | 0.80% | -0.44% | 1.43% | 0.16% | 2.34% | 0.94% | 2.15% | -0.48% | 1.24% | -0.49% | 9.10% |
| 2023 | 3.63% | -1.72% | 1.33% | 0.32% | -0.69% | 1.55% | 1.37% | -0.40% | -1.95% | -0.83% | 4.49% | 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% | -14.17% |
| 2021 | 0.66% | 1.15% | 0.25% | 1.21% | -0.00% | 1.89% | -0.26% | 0.91% | -0.01% | 0.00% | -0.89% | 1.35% | 6.39% |
| 2020 | -0.08% | -1.57% | -15.25% | 4.27% | 5.20% | 0.93% | 5.08% | 1.87% | -1.24% | 0.69% | 4.27% | 2.04% | 4.50% |
| 2019 | 4.74% | 1.74% | 0.90% | 1.84% | -1.01% | 2.95% | 0.73% | -0.49% | 0.06% | 0.06% | 0.59% | 2.22% | 15.12% |
| 2018 | 0.60% | -1.09% | -0.56% | 0.08% | -0.19% | 0.08% | 0.89% | 1.17% | 0.47% | -2.46% | -1.29% | -2.84% | -5.09% |
| 2017 | 1.69% | 1.41% | -0.28% | 1.28% | 0.61% | 0.08% | 1.39% | -0.05% | 1.11% | 0.60% | 0.07% | 0.34% | 8.54% |
| 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% | 0.50% | 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 91, LHYAX is among the top 9% 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.
Dividends
Dividend History
Lord Abbett High Yield Fund provided a 7.11% 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 | $0.38 | $0.38 | $0.41 | $0.43 | $0.44 | $0.44 | $0.42 | $0.62 |
Dividend yield | 7.11% | 7.13% | 6.40% | 6.05% | 5.12% | 5.11% | 5.48% | 6.30% | 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 | $0.00 | $0.04 | ||||||||||
| 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 | $0.04 | $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 | $0.03 | $0.38 |
| 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 | $0.04 | $0.03 | $0.04 | $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.
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 0.16%.
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 |
| -17.98% | Nov 10, 2021 | 225 | Sep 29, 2022 | 483 | Aug 23, 2024 | 708 |
| -11.77% | Jun 2, 2015 | 177 | Feb 11, 2016 | 97 | Jun 30, 2016 | 274 |
| -10.96% | May 14, 2002 | 104 | Oct 10, 2002 | 97 | Mar 3, 2003 | 201 |
Volatility
Volatility Chart
The current Lord Abbett High Yield Fund volatility is 0.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.