Lord Abbett Short Duration High Yield Fund Class Z USD Distributing
ISIN IE0001CY4IF1 / Valor 12525743
Lord Abbett Short Duration High Yield Fund Class Z USD Distributing
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General Objective
The fund aims to seek a high current income and the opportunity for capital appreciation to produce a high total return by investing primarily in short-maturity, low duration, below investment grade corporate bonds.
Fund Exposure
The fund is characterized by exposure to short-duration, high-yield corporate bonds, with a focus on below investment grade securities. The portfolio consists of a mix of asset classes, including high yield corporate bank loans, investment grade corporate bonds, sovereign bonds, and other securities.
Risks
Key risks associated with this fund include credit risk, interest rate risk, high yield risk, mortgage and asset backed securities risk, and derivatives risk. Additionally, for share classes denominated in a currency other than U.S. dollars, changes in currency exchange rates may impact fund returns.
Source
https://www.lordabbett.com/en/strategies/mutual-funds/short-duration-high-yield-fund.class-i.html
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OTHER SHARE CLASSES OF THIS FUND
