Lord Abbett Financials

LHYAX Fund  USD 6.38  0.03  0.47%   
You can make use of Lord Abbett High fundamental data analysis to find out if markets are presently mispricing the entity. We were able to analyze eighteen available fundamentals for Lord Abbett, which can be compared to its peers in the industry. The fund experiences a normal downward trend and little activity. Check odds of Lord Abbett to be traded at $6.32 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Lord Abbett Fund Summary

Lord Abbett competes with Lord Abbett, Lord Abbett, Lord Abbett, Floating Rate, and Floating Rate. The fund normally pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in lower-rated debt securities, including corporate debt securities and securities that are convertible into common stock or have warrants to purchase common stock. It may invest up to 20 percent of its net assets in foreign securities . The fund may invest up to 20 percent of its net assets in municipal securities.
Specialization
High Yield Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS54400N1028
Business AddressLord Abbett Investment
Mutual Fund FamilyLord Abbett
Mutual Fund CategoryHigh Yield Bond
BenchmarkDow Jones Industrial
Phone888 522 2388
CurrencyUSD - US Dollar

Lord Abbett Key Financial Ratios

Lord Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lord Abbett's current stock value. Our valuation model uses many indicators to compare Lord Abbett value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lord Abbett competition to find correlations between indicators driving Lord Abbett's intrinsic value. More Info.
Lord Abbett High is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about  0.11  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Lord Abbett High is roughly  9.01 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lord Abbett's earnings, one of the primary drivers of an investment's value.

Lord Abbett High Systematic Risk

Lord Abbett's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lord Abbett volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Lord Abbett High correlated with the market. If Beta is less than 0 Lord Abbett generally moves in the opposite direction as compared to the market. If Lord Abbett Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lord Abbett High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lord Abbett is generally in the same direction as the market. If Beta > 1 Lord Abbett moves generally in the same direction as, but more than the movement of the benchmark.
Lord Abbett High is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 70.37 Billion. Lord Abbett holds roughly 4.24 Billion in net asset claiming about 6% of all funds under High Yield Bond category.

Lord Abbett December 20, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lord Abbett help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lord Abbett High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lord Abbett High based on widely used predictive technical indicators. In general, we focus on analyzing Lord Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lord Abbett's daily price indicators and compare them against related drivers.

Other Information on Investing in Lord Mutual Fund

Lord Abbett financial ratios help investors to determine whether Lord Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lord with respect to the benefits of owning Lord Abbett security.
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