Lord Abbett High Yield Core Fund - Class I USD/  IE00BGHFH978  /

Fonds
NAV2024-05-16 Chg.0.0000 Type of yield Investment Focus Investment company
11.8700USD 0.00% paying dividend Bonds Worldwide Lord Abbett (IE) 

Investment strategy

The Fund's investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return. Under normal conditions, the Fund pursues its investment objective by investing principally in high yield debt securities (commonly referred to as "lower-rated" or "junk" bonds) ("High Yield Debt Securities").The Fund is actively managed. It uses the ICE BofA U.S. High Yield Constrained Index as a 'comparator benchmark' to compare performance of the Fund against, but which is not used to constrain portfolio composition or as a target for the performance of the Fund. The Fund may invest up to 20% of its net assets in non-U.S. debt securities. The Fund considers non-U.S. debt securities as debt securities of non-U.S. issuers denominated in a currency other than US dollar. The Fund may also invest in investment grade debt securities (i.e., securities with a low risk of a credit default). The debt securities primarily include bonds, inflation-linked securities (an investment where the principal is indexed to inflation thus hedging the inflation risk), stripped debt securities (securities in which the principal and interest are separately sold), mortgage-backed securities, mortgagerelated securities, asset-backed securities and collateralised debt obligations (structured products that pool together assets such as mortgages, bonds, and loans and repackage these asset pools into discrete portions that can be sold to investors). Asset backed/ mortgage backed securities are securities whose income payments and hence value are derived from and collateralised by a specified pool of underlying assets/ mortgages.
 

Investment goal

The Fund's investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return. Under normal conditions, the Fund pursues its investment objective by investing principally in high yield debt securities (commonly referred to as "lower-rated" or "junk" bonds) ("High Yield Debt Securities").The Fund is actively managed. It uses the ICE BofA U.S. High Yield Constrained Index as a 'comparator benchmark' to compare performance of the Fund against, but which is not used to constrain portfolio composition or as a target for the performance of the Fund.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: ICE BofA U.S. High Yield Constrained Index
Business year start: 02-01
Last Distribution: -
Depository bank: -
Fund domicile: Ireland
Distribution permission: -
Fund manager: Steven F. Rocco, Robert A. Lee, Christopher Gizzo, Karen J. Gunnerson
Fund volume: 524.64 mill.  USD
Launch date: 2019-04-01
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.60%
Minimum investment: 1,000,000.00 USD
Deposit fees: 0.03%
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Lord Abbett (IE)
Address: 90 Hudson Street, 07302, Jersey City
Country: United States of America
Internet: www.lordabbett.com
 

Assets

Bonds
 
99.00%
Cash
 
1.00%

Countries

Global
 
99.00%
Cash
 
1.00%