LHYAX Alternatives & Similar Mutual Funds

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 106 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	LHYAX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	LHYAX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	LHYAX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	LHYAX vs VWEHX
CRDOX	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 60. There are 124 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	LHYAX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	LHYAX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	LHYAX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014	LHYAX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	96	—	Jul 2017	LHYAX vs PSHNX

Top Performing LHYAX Alternatives (YTD)

LHYAX is at 1.38% YTD. There are 110 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.81%	—	Nov 1977	LHYAX vs FAGIX
XILSX	Pioneer ILS Interval Fund	8.39%	—	Dec 2014	LHYAX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.99%	—	Oct 2018	LHYAX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.94%	—	Jul 1995	LHYAX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.76%	—	Jan 1987	LHYAX vs FAHYX

Lowest Volatility Alternatives to LHYAX

LHYAX has 3.68% 1-year volatility. There are 151 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	LHYAX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	LHYAX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	LHYAX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	LHYAX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	LHYAX vs OSTIX

Lowest Drawdown Alternatives to LHYAX

LHYAX has a 1-year max drawdown of -3.02%. There are 157 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	LHYAX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	LHYAX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	LHYAX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	LHYAX vs MDHVX
SCFIX	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
LLDYX	Lord Abbett Short Duration Income Fund	Total Bond Market	68	0.52%	—	Oct 2004	LHYAX vs LLDYX
LALDX	Lord Abbett Short Duration Income Fund	Short-Term Bond	61	0.44%	—	Nov 1993	LHYAX vs LALDX
LSYAX	Lord Abbett Short Duration High Yield Fund	High Yield Bonds	76	2.26%	—	May 2020	LHYAX vs LSYAX
LAFFX	Lord Abbett Affiliated Fund	Large Cap Value Equities	77	12.03%	—	Jan 1950	LHYAX vs LAFFX
LSYIX	Lord Abbett Short Duration High Yield Fund	High Yield Bonds	79	2.34%	—	Apr 2020	LHYAX vs LSYIX
LBNDX	Lord Abbett Bond Debenture Fund	Multisector Bonds	44	1.21%	—	Mar 1971	LHYAX vs LBNDX
LGLIX	Lord Abbett Growth Leaders Fund	Large Cap Growth Equities	16	9.73%	—	Jun 2011	LHYAX vs LGLIX
LUBYX	Lord Abbett Ultra Short Bond Fund	Ultrashort Bond	98	1.34%	—	Oct 2016	LHYAX vs LUBYX
LAVLX	Lord Abbett Mid Cap Stock Fund	Mid Cap Value Equities	66	13.54%	—	Jun 1983	LHYAX vs LAVLX
LAGWX	Lord Abbett Developing Growth Fund	Small Cap Growth Equities	74	37.61%	—	Oct 1973	LHYAX vs LAGWX

Often Compared With LHYAX

Investors most often compare LHYAX with FFRHX, TIREX, AGG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FFRHX	Fidelity Floating Rate High Income Fund	Bank Loan	92	1.71%	—	Aug 2000	LHYAX vs FFRHX
TIREX	TIAA-CREF Real Estate Securities Fund Institutiona...	REIT	17	11.68%	—	Oct 2002	LHYAX vs TIREX
AGG	iShares Core U.S. Aggregate Bond ETF	Total Bond Market	32	0.47%	138.10B	Sep 2003	LHYAX vs AGG
SEIX	Virtus Seix Senior Loan ETF	Bank Loan	94	2.38%	254.35M	Apr 2019	LHYAX vs SEIX
MNHYX	Manning & Napier High Yield Bond Series	High Yield Bonds	86	2.79%	—	Sep 2009	LHYAX vs MNHYX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	65	9.77%	1.70T	Nov 2000	LHYAX vs VFIAX
^GSPC	S&P 500 Index		61	7.60%	—	—	LHYAX vs ^GSPC
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	LHYAX vs SPY
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	78	1.83%	—	Aug 2008	LHYAX vs RITGX
LISAX	Lord Abbett Intermediate Tax Free Fund	Municipal Bonds	68	1.55%	—	Jun 2003	LHYAX vs LISAX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	94	3.68%	—	Jun 2019	LHYAX vs FQTIX
CPMPX	Changing Parameters Fund	High Yield Bonds	84	0.85%	—	Oct 2006	LHYAX vs CPMPX
THHYX	Toews Tactical Income Fund	High Yield Bonds	39	0.48%	—	Jun 2010	LHYAX vs THHYX
LAGVX	Lord Abbett Income Fund	Corporate Bonds	23	0.15%	—	Jan 1982	LHYAX vs LAGVX
FLHY	Franklin Liberty High Yield Corporate ETF	High Yield Bonds	66	1.96%	1.17B	May 2018	LHYAX vs FLHY
LADYX	Lord Abbett Developing Growth Fund Class I	Small Cap Growth Equities	75	37.78%	—	Dec 1997	LHYAX vs LADYX
LISDX	Lord Abbett Short Duration Tax Free Fund	Municipal Bonds	72	0.83%	—	Dec 2008	LHYAX vs LISDX
ALFAX	Lord Abbett Alpha Strategy Fund	Small Cap Growth Equities	65	22.34%	—	Mar 1998	LHYAX vs ALFAX
LAMYX	Lord Abbett Dividend Growth Fund	Large Cap Blend Equities	61	7.54%	—	Dec 2001	LHYAX vs LAMYX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	63	0.91%	—	Apr 2011	LHYAX vs LIFIX

Compare LHYAX with Any Fund or Stock

Compare LHYAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Lord Abbett High Yield Fund (LHYAX) Alternatives