LHYAX vs. MNHYX
Compare and contrast key facts about Lord Abbett High Yield Fund (LHYAX) and Manning & Napier High Yield Bond Series (MNHYX).
LHYAX is managed by Lord Abbett. It was launched on Dec 31, 1998. MNHYX is managed by Manning & Napier. It was launched on Sep 14, 2009.
Performance
LHYAX vs. MNHYX - Performance Comparison
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LHYAX vs. MNHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | -1.34% | 7.44% | 7.25% | 9.84% | -14.97% | 6.16% | 4.56% | 15.11% | -5.10% | 8.53% |
MNHYX Manning & Napier High Yield Bond Series | -0.59% | 6.65% | 9.63% | 13.19% | -7.59% | 9.99% | 6.26% | 13.99% | -1.30% | 8.49% |
Returns By Period
In the year-to-date period, LHYAX achieves a -1.34% return, which is significantly lower than MNHYX's -0.59% return. Over the past 10 years, LHYAX has underperformed MNHYX with an annualized return of 4.71%, while MNHYX has yielded a comparatively higher 6.65% annualized return.
LHYAX
- 1D
- 0.65%
- 1M
- -2.05%
- YTD
- -1.34%
- 6M
- -0.00%
- 1Y
- 5.50%
- 3Y*
- 6.74%
- 5Y*
- 2.05%
- 10Y*
- 4.71%
MNHYX
- 1D
- 0.52%
- 1M
- -1.15%
- YTD
- -0.59%
- 6M
- 0.52%
- 1Y
- 5.04%
- 3Y*
- 8.76%
- 5Y*
- 5.40%
- 10Y*
- 6.65%
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LHYAX vs. MNHYX - Expense Ratio Comparison
LHYAX has a 0.88% expense ratio, which is lower than MNHYX's 0.90% expense ratio.
Return for Risk
LHYAX vs. MNHYX — Risk / Return Rank
LHYAX
MNHYX
LHYAX vs. MNHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett High Yield Fund (LHYAX) and Manning & Napier High Yield Bond Series (MNHYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LHYAX | MNHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.43 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.91 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.33 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.49 | +0.08 |
Martin ratioReturn relative to average drawdown | 6.06 | 5.83 | +0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LHYAX | MNHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.43 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 1.48 | -1.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 1.61 | -0.78 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.14 | 1.80 | -0.66 |
Correlation
The correlation between LHYAX and MNHYX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LHYAX vs. MNHYX - Dividend Comparison
LHYAX's dividend yield for the trailing twelve months is around 6.76%, less than MNHYX's 6.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | 6.76% | 7.13% | 6.02% | 5.84% | 4.60% | 4.91% | 5.15% | 5.47% | 6.29% | 5.65% | 5.85% | 6.08% |
MNHYX Manning & Napier High Yield Bond Series | 6.89% | 6.95% | 6.38% | 6.66% | 5.93% | 7.93% | 4.98% | 6.63% | 5.26% | 5.16% | 6.49% | 5.60% |
Drawdowns
LHYAX vs. MNHYX - Drawdown Comparison
The maximum LHYAX drawdown since its inception was -31.68%, which is greater than MNHYX's maximum drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for LHYAX and MNHYX.
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Drawdown Indicators
| LHYAX | MNHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.68% | -19.70% | -11.98% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -3.38% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -18.67% | -10.84% | -7.83% |
Max Drawdown (10Y)Largest decline over 10 years | -24.23% | -19.70% | -4.53% |
Current DrawdownCurrent decline from peak | -2.39% | -1.69% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -3.09% | -1.57% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.86% | +0.13% |
Volatility
LHYAX vs. MNHYX - Volatility Comparison
Lord Abbett High Yield Fund (LHYAX) and Manning & Napier High Yield Bond Series (MNHYX) have volatilities of 1.61% and 1.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LHYAX | MNHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 1.62% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 2.12% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.25% | 3.68% | +0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 3.67% | +1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.72% | 4.15% | +1.57% |