Lord Abbett High Fund Quote
| LHYAX Fund | USD 6.38 0.03 0.47% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Lord Abbett is trading at 6.38 as of the 20th of December 2024; that is 0.47% down since the beginning of the trading day. The fund's open price was 6.41. Lord Abbett has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 31st of December 2022 and ending today, the 20th of December 2024. Click here to learn more.
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. More on Lord Abbett High
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Lord Mutual Fund Highlights
| Fund Concentration | Lord Abbett Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Lord Abbett (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of April 2023 |
| Fiscal Year End | November |
Lord Abbett High [LHYAX] is traded in USA and was established 20th of December 2024. Lord Abbett is listed under Lord Abbett category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Lord Abbett family. This fund now has accumulated 4.24 B in assets with minimum initial investment of 1.5 K. Lord Abbett High is currently producing year-to-date (YTD) return of 8.98% with the current yeild of 0.07%, while the total return for the last 3 years was 1.48%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Lord Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Lord Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Lord Abbett High Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Lord Abbett Top Holders
| SVARX | Spectrum Low Volatility | Mutual Fund | Nontraditional Bond |
Lord Abbett High Risk Profiles
| Mean Deviation | 0.1306 | |||
| Standard Deviation | 0.1884 | |||
| Variance | 0.0355 | |||
| Risk Adjusted Performance | (0.04) |
Lord Abbett Against Markets
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.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |