Lord Abbett High Yield Fund (LHYAX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LHYAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LHYAX
LHYAX charges 0.88% annually. There are 107 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | LHYAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | LHYAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | LHYAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | LHYAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | LHYAX vs CRDOX |
Best Risk-Adjusted Alternatives to LHYAX
LHYAX has a PortfoliosLab risk / return rank of 57. There are 127 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | LHYAX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | LHYAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | LHYAX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | LHYAX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | LHYAX vs PSHNX |
Top Performing LHYAX Alternatives (YTD)
LHYAX is at 0.83% YTD. There are 146 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | LHYAX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | LHYAX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | LHYAX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | LHYAX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | LHYAX vs FIQTX |
Lowest Volatility Alternatives to LHYAX
LHYAX has 3.69% 1-year volatility. There are 155 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | LHYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | LHYAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | LHYAX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | LHYAX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | LHYAX vs OSTIX |
Lowest Drawdown Alternatives to LHYAX
LHYAX has a 1-year max drawdown of -3.02%. There are 158 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | LHYAX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | LHYAX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | LHYAX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | LHYAX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | LHYAX vs SCFIX |
Other Mutual Funds from Lord Abbett
The 10 most viewed Lord Abbett mutual funds shown here include LLDYX, LALDX, LSYAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund | Total Bond Market | 88 | 0.93% | — | Oct 2004 | LHYAX vs LLDYX | |
| Lord Abbett Short Duration Income Fund | Short-Term Bond | 78 | 0.83% | — | Nov 1993 | LHYAX vs LALDX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 75 | 1.63% | — | May 2020 | LHYAX vs LSYAX | |
| Lord Abbett Affiliated Fund | Large Cap Value Equities | 80 | 11.98% | — | Jan 1950 | LHYAX vs LAFFX | |
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 77 | 1.72% | — | Apr 2020 | LHYAX vs LSYIX | |
| Lord Abbett Growth Leaders Fund | Large Cap Growth Equities | 9 | 1.97% | — | Jun 2011 | LHYAX vs LGLIX | |
| Lord Abbett Bond Debenture Fund | Multisector Bonds | 38 | 0.17% | — | Mar 1971 | LHYAX vs LBNDX | |
| Lord Abbett Ultra Short Bond Fund | Ultrashort Bond | 99 | 1.69% | — | Oct 2016 | LHYAX vs LUBYX | |
| Lord Abbett Mid Cap Stock Fund | Mid Cap Value Equities | 70 | 12.42% | — | Jun 1983 | LHYAX vs LAVLX | |
| Lord Abbett Floating Rate Fund | Bank Loan | 95 | 2.45% | — | Dec 2007 | LHYAX vs LFRIX |
Often Compared With LHYAX
Investors most often compare LHYAX with TIREX, FFRHX, SEIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare LHYAX with Any Fund or Stock
Compare LHYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LHYAX with funds that move differently
Lord Abbett High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LHYAX.
Explore LHYAX Diversifiers