Lord Abbett High Yield Fund (LHYVX)
Stock analysis · NASDAQ · Financial Services · Asset Management
Lord Abbett High Yield Fund (LHYVX) is a publicly traded company in the Financial Services sector. Latest price: $6.01. Market cap $3.02B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Lord Abbett High Yield Fund
The Lord Abbett High Yield Fund's core investment strategy primarily involves allocating a substantial portion of its capital, specifically at least 80% of its net assets (and any borrowed funds used for investment), into lower-rated debt instruments. These include corporate bonds, as well as securities convertible into common stock or those offering warrants to purchase common stock. Beyond this core focus, the fund has the flexibility to commit a maximum of 20% of its net assets to international holdings. These international investments can encompass securities from emerging markets and American Depository Receipts (ADRs). Additionally, the fund may dedicate up to one-fifth of its net assets to municipal bonds.
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