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Lord Abbett High Yield R3 (LHYRX) Fund Ranking and Research

Ranking, Research and Recommendation of Lord Abbett High Yield R3 (LHYRX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Lord Abbett High Yield R3 Fund (LHYRX) ManagerFund Manager - Robert A. Lee

Fund Manager Information

Fund Manager Tenure: 5.9 years
Similar Funds: LHYAX  LHYBX  LHYCX  LHYFX  LHYPX  LHYQX 
Fund Family: Lord Abbett
Fund Category: High Yield Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.69)     (What does this score mean?)

 

Graph of Lord Abbett High Yield R3 Fund (LHYRX) ProfileLord Abbett High Yield R3 Fund (LHYRX) Profile

Fund Profile and Description

Lord Abbett High Yield R3 Fund seeks high current income and the opportunity for capital appreciation to produce a high total return. Lord Abbett High Yield R3 Fund normally invests in high-yield debt securities, sometimes called "lower-rated bonds" or "junk bonds." It invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in lower-rated debt securities, some of which are convertible into common stock or have warrants to purchase common stock. Lord Abbett High Yield R3 Fund may invest up to 20% of net assets in foreign securities primarily traded outside the United States, and may invest up to 20% of net assets in municipal bonds.

 

Lord Abbett High Yield R3 (LHYRX) Fund Strength What we like about Lord Abbett High Yield R3 (LHYRX) Fund

Data for Lord Abbett High Yield R3 Fund (LHYRX) as of May 30, 2016

  • Lord Abbett High Yield R3 Fund (LHYRX) management has been with Lord Abbett High Yield R3 Fund for 5.9 years
  • Lord Abbett High Yield R3 Fund (LHYRX) has good short-term performance (1-year return -1.33% vs -2.18% High Yield Bond category median performance)
  • Lord Abbett High Yield R3 Fund (LHYRX) has good mid-term performance (3-year return 3.49% vs 2.05% High Yield Bond category median performance)
  • Lord Abbett High Yield R3 Fund (LHYRX) has good Long-term performance (5-year return 5.69% vs 4.38% High Yield Bond category median performance)
  • Lord Abbett High Yield R3 Fund (LHYRX) ratio of up-years vs down years is greater than 2
  • Lord Abbett High Yield R3 Fund (LHYRX) has a Morningstar rating of 4 and above
  • Asset base in Lord Abbett High Yield R3 Fund (LHYRX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support

Lord Abbett High Yield R3 Fund (LHYRX) Weakness What we are cautious about Lord Abbett High Yield R3 (LHYRX) Fund

Data for Lord Abbett High Yield R3 Fund (LHYRX) as of May 30, 2016

  • Lord Abbett High Yield R3 Fund (LHYRX) has an annual stock turnover rate of 92.62% that is higher than the High Yield Bond average of 63.72%. This could mean Lord Abbett High Yield R3 is more nimble, but also signal potential high tax impact and high trading fees
  • Lord Abbett High Yield R3 Fund (LHYRX) is more volatile than its peers as it has a 3-year Standard Deviation of 5.86 that is higher than category average of 5.76
  • Lord Abbett High Yield R3 Fund (LHYRX) has a higher expense ratio of 1.24% than its High Yield Bond average of 1.07%
  • Even though Lord Abbett High Yield R3 Fund carries no load, it does have a 0.50% of 12b1 promotion, distributions, marketing expenses
See Lord Abbett High Yield R3 Fund (LHYRX) performance details as of May 30, 2016

 

What do you think?

 

Compare Lord Abbett High Yield R3 Fund (LHYRX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Lord Abbett High Yield R36.35-1.333.495.69
Eaton Vance High Income Opportunities I (EIHIX)6.240.694.366.18Compare
BlackRock High Yield Bond BlackRock (BRHYX)5.75-2.183.175.58Compare
Buffalo High-Yield (BUFHX)2.740.753.465.03Compare

See top fund managers for High Yield Bond Category Funds

 

Compare Lord Abbett High Yield R3 Fund (LHYRX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
PIMCO 0-5 Year High Yield Corp Bd ETF (HYS)000
SPDR Barclays High Yield Bond ETF (JNK)6.14%-4.91%1.23%
iShares iBoxx $ High Yield Corporate Bd (HYG)5.79%-2.67%2.13%

 

Graph of Lord Abbett High Yield R3 Fund (LHYRX) Net Asset TrackingLord Abbett High Yield R3 (LHYRX) Fund Net Asset

Track net asset change of Lord Abbett High Yield R3 fund (LHYRX)

DateNet Asset
05/2016$5.04B
03/2016$4.54B
02/2016$3.82B
More historic net asset information on Lord Abbett High Yield R3 Fund (LHYRX)

  

Graph of Lord Abbett High Yield R3 Fund (LHYRX) Portfolio TrackingLord Abbett High Yield R3 (LHYRX) Fund Portfolio Allocation

Track portfolio allocation change of Lord Abbett High Yield R3 fund (LHYRX)

DateCashStockBondOther
03/20162.4%4.54%84.57%6.62%
12/20153.25%3.06%84.63%6.73%
09/20153.08%4.76%83.62%6.59%
Click here to see more historic asset allocation information on Lord Abbett High Yield R3 Fund (LHYRX)

 

graph of Lord Abbett High Yield R3 Fund (LHYRX) Top 10 Position TrackingTop 10 Holdings in Lord Abbett High Yield R3 (LHYRX) Fund

Discover what Lord Abbett High Yield R3 Fund (LHYRX) manager is buying

Mar 30, 2016
Neptune Finco 144A 10.875% [1.57%]
Arcelormittal Sa Luxembourg 6.125% [0.77%]
Navient 5.875% [0.73%]
T Mobile Usa 6.836% [0.68%]
Frontier Comms 144A 10.5% [0.67%]
Frontier Comms 144A 11% [0.64%]
Dish Dbs 5.875% [0.58%]
Amc Networks 4.75% [0.57%]
Whitewave Foods 5.375% [0.57%]
Cco Hldgs Llc / Cco Hldgs Ca 144A 5.875% [0.55%]

Dec 30, 2015
Neptune Finco 144A 10.875% [1.52%]
T Mobile Usa 6.836% [0.75%]
Whitewave Foods 5.375% [0.71%]
Dish Dbs 5.875% [0.71%]
Frontier Comms 144A 11% [0.71%]
Amc Networks 4.75% [0.67%]
Aercap Ireland Cap Limited 5% [0.63%]
Frontier Comms 144A 10.5% [0.62%]
Tenet Healthcare 6.75% [0.59%]
L Brands 144A 6.875% [0.58%]

Sep 29, 2015
Neptune Finco 144A 10.875% [0.87%]
Mgm Resorts Intl 6% [0.66%]
Frontier Comms 144A 11% [0.64%]
T Mobile Usa 6.836% [0.63%]
Whitewave Foods 5.375% [0.63%]
Dish Dbs 5.875% [0.59%]
Aercap Ireland Cap Limited 5% [0.58%]
Tenet Healthcare 6.75% [0.55%]
Amc Networks 4.75% [0.54%]
Seven Generations Engy 144A 8.25% [0.51%]
Click here for Stock Holding Change Map in Lord Abbett High Yield R3 Fund (LHYRX)

  

Latest News on Lord Abbett High Yield R3 (LHYRX) Fund

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Lord Abbett High Yield R3 Fund (LHYRX) Related ResourcesSee more information on Lord Abbett High Yield R3 (LHYRX) Fund

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