Lord Abbett Short Duration High Yield Fund (LSYAX)

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The chart shows the growth of an initial investment of $10,000 in Lord Abbett Short Duration 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.

Lord Abbett Short Duration High Yield Fund (LSYAX) has returned -1.81% so far this year and 5.29% over the past 12 months.

Based on dividend-adjusted daily data since Apr 23, 2020, LSYAX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, your investment would double in approximately 12.1 years.

Historically, 74% of months were positive and 26% were negative. The best month was Jul 2022 with a return of +4.1%, while the worst month was Jun 2022 at -6.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, LSYAX closed higher 40% of trading days. The best single day was Mar 31, 2023 with a return of +1.2%, while the worst single day was Jun 13, 2022 at -2.0%.

Lord Abbett Short Duration High Yield Fund has an annualized alpha of 3.86%, beta of 0.13, and R² of 0.30 versus S&P 500 Index. Calculated based on daily prices since April 24, 2020.

• This fund participated in 27.51% of S&P 500 Index downside but only 26.88% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.13 may look defensive, but with R² of 0.30 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.30 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

LSYAX has an expense ratio of 0.65%, placing it in the medium range.

LSYAX ranks 69 for risk / return — better than 69% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYAX) and compare them to a chosen benchmark (S&P 500 Index).

Lord Abbett Short Duration High Yield Fund provided a 7.42% dividend yield over the last twelve months, with an annual payout of $0.71 per share.

The table displays the monthly dividend distributions for Lord Abbett Short Duration High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Lord Abbett Short Duration 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 Short Duration High Yield Fund was 10.79%, occurring on Sep 29, 2022. Recovery took 295 trading sessions.

The current Lord Abbett Short Duration High Yield Fund drawdown is 2.84%.

The chart below shows the rolling one-month volatility.