Lord Abbett Short Duration High Yield Fund - Class A USD/  IE000ECPJMU8  /

Fonds
NAV2024-06-06 Chg.+0.0100 Type of yield Investment Focus Investment company
11.1100USD +0.09% reinvestment Bonds Worldwide Lord Abbett (IE) 

Investment strategy

The investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return. The Fund invests primarily in various types of short duration debt (or fixed income) securities issued by U.S. and non-U.S. issuers. Under normal conditions, the Fund pursues its investment objective by investing at least 80% of its net assets in High Yield Debt Securities. The debt securities held may be fixed or floating rate government, supranational, quasi-sovereign or corporate debt. These debt instruments include bonds, debentures, promissory, commercial paper, corporate debt securities, securities that are convertible into common stock or have warrants to purchase common stock. The Fund may invest up to 20% of its net assets in non-U.S. securities (including emerging market 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 exposure of the Fund to emerging markets will not exceed 5% of the Net Asset Value of the Fund. The Fund may invest up to 10% of its net assets in Underlying Collective Investment Schemes, subject to the requirements of the Central Bank of Ireland and applicable law.
 

Investment goal

The investment objective is to seek a high current income and the opportunity for capital appreciation to produce a high total return.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: -
Business year start: 02-01
Last Distribution: -
Depository bank: Brown Brothers Harriman Trustee Services (Ireland) Limited
Fund domicile: Ireland
Distribution permission: Switzerland
Fund manager: Christopher Gizzo, Karen J. Gunnerson
Fund volume: 87.17 mill.  USD
Launch date: 2023-05-16
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 1.00%
Minimum investment: 2,500.00 USD
Deposit fees: 0.03%
Redemption charge: 0.00%
Key Investor Information: -
 

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
 
100.00%

Countries

Global
 
100.00%