Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
In 2Q25, the Lord Abbett High Yield Fund returned 2.85%, underperforming its index benchmark's return of 3.59%. The manager remains constructive on the asset class as recession risks subside but emphasizes rigorous selectivity to navigate potential idiosyncratic events.
Full Quick Take
In 2Q25, the Lord Abbett High Yield Fund returned 2.85%, underperforming its index benchmark's return of 3.59%. The manager remains constructive on the asset class as recession risks subside but emphasizes rigorous selectivity to navigate potential idiosyncratic events.