Morningstar

Lord Abbett Short Duration High Yield A LSYAX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 10.00  /  −0.08 %
  • Total Assets 6.1 Bil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 8.02%
  • Effective Duration 1.91 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 12:14 AM GMT+0

Morningstar’s Analysis LSYAX

Will LSYAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LSYAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LSYAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LSYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A lower volatility high-yield option

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Lord Abbett Short Duration High Yield's capable crew adopts a flexible approach, and keeping the fund's yield high is clearly a priority.

by Chiayi Tsui
Rated on Published on

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Portfolio Holdings LSYAX

More LSYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Carnival Corporation 5.75%

0.81 43.0 Mil
Corporate

Barclays Capital

0.62 33.0 Mil
Cash and Equivalents

Rakuten Group Inc. 9.75%

0.61 32.3 Mil
Corporate

Petsmart Inc / Petsmart Financial Corporation 7.75%

0.55 29.3 Mil
Corporate

Venture Global LNG Inc. 9.5%

0.51 26.9 Mil
Corporate

Crescent Energy Finance LLC 9.25%

0.48 25.3 Mil
Corporate

California Resources Corporation 8.25%

0.47 25.2 Mil
Corporate

Community Health Systems Incorporated 5.63%

0.47 25.2 Mil
Corporate

MidCap Financial Issuer Trust 6.5%

0.46 24.4 Mil
Corporate

OneMain Financial Corporation 6.63%

0.45 24.0 Mil
Corporate

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