The fund is managed by three experienced portfolio managers: Steven F. Rocco, CFA, Partner and Co-Head of Taxable Fixed Income with 25 years of experience, who joined Lord Abbett in 2004 and holds a BA from Cornell University; Robert A. Lee, Partner and Co-Head of Taxable Fixed Income, who joined in 1997 and earned a BS in economics from Wharton School; and Christopher Gizzo, CFA, Partner and Deputy Director of Leveraged Credit with 18 years of experience. The team benefits from over 50 years of high-yield investing experience and is driven by a collaborative investment approach that applies a disciplined methodology supported by 87 investment professionals averaging 18 years of industry experience.

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The Lord Abbett High Yield Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in high yield corporate bonds. The fund brings a 40+ year history of high-yield investing, focused on fundamental, bottom-up credit research. It provides the flexibility to adjust to the market environment and take advantage of opportunities across the credit spectrum. The strategy seeks to drive alpha through active management using bottom-up fundamental credit research, guided by top-down macro and thematic views, and deliberate risk budgeting. The fund has offered a track record of strong performance versus peers in up and down markets, demonstrating the strength of this active approach as a core high-yield holding over a full market cycle.

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