What is the Lord Abbett bond-debenture fund?

A high percentage of the assets within the Lord Abbett Bond-Debenture Fund are high-yield bonds. That means returns may be, at times, more similar to stocks than to other bonds. As of March 15, 2023, the fund has assets totaling almost $21.71 billion invested in 767 different holdings.

What is the expense ratio of Lord Abbett bond debenture fund?

Lord Abbett Bond Debenture Fund has an expense ratio of 0.66 percent. High-yield bonds, which are the largest holding in this fund, face risk that issuers may not be able to make payments. For that reason, holders demand to be paid more. Investors should be aware that this also adds to overall volatility for the asset class.

Is Lord Abbett bond debenture a good investment?

Lord Abbett Bond Debenture boasts a veteran leadership squad and strong corporate credit research team, but its preference for high-yield debt and equities contributes to considerable volatility. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes. Transparency is our policy. Learn how it impacts everything we do