Lord Abbett High Yield Fund (LHYVX) NASDAQ

6.40

+0.02(+0.31%)

Updated at August 22 04:00PM

Currency In USD

Lord Abbett High Yield Fund

Address

Jersey City, NJ 7302

Jersey City, NJ 7302

United States of America

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

June 30, 2015

Key Executives

N/A

Description

The fund normally pursues its investment objective by investing at least 80% 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. It may invest up to 20% of its net assets in foreign securities (including emerging market securities and American Depository Receipts ("ADRs")). The fund may invest up to 20% of its net assets in municipal securities.