LHYTX Fees and Costs — Lord Abbett High Yield Fund, Class R5
Data updated: 2026-07-29
The net expense ratio is 0.73%: a 0.54% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $38K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 79%.
LHYTX Fees and Expenses
Annual operating expenses and sales charges of LHYTX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LHYTX Costs Over Time
On $10,000 invested in LHYTX, assuming 5% a year before costs, total costs come to $460 over 5 years, cutting the return by 0.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $252 | $460 |
| Value after costs | $10,423 | $11,324 | $12,303 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
LHYTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): $11.3B
- Portfolio turnover (prospectus): 79%
- Securities on loan, average value: $112.7M
- Net income from securities lending: $1.5M (0.043% of average net assets)
LHYTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $9K | 25.77% |
| BofA Securities, Inc. | $7K | 19.74% |
| UBS Securities LLC | $6K | 16.29% |
| RBC Capital Markets, LLC | $3K | 9.57% |
| Jefferies LLC | $2K | 6.28% |
| J.P. Morgan Securities LLC | $2K | 6.27% |
| Raymond James & Associates, Inc. | $2K | 5.26% |
| Citigroup Global Markets Inc. | $1K | 4.10% |
| Goldman Sachs & Co. LLC | $1K | 3.89% |
| BNY Capital Markets, LLC | $961 | 2.83% |
LHYTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $3.0B | 29.00% |
| Barclays Capital Inc. | $2.1B | 20.46% |
| J.P. Morgan Securities LLC | $1.5B | 14.90% |
| Goldman Sachs & Co. LLC | $871.0M | 8.50% |
| Morgan Stanley & Co. LLC | $717.7M | 7.00% |
| BofA Securities, Inc. | $587.8M | 5.73% |
| RBC Capital Markets, LLC | $462.1M | 4.51% |
| Citigroup Global Markets Inc. | $443.2M | 4.32% |
| Wells Fargo Securities, LLC | $288.3M | 2.81% |
| Jefferies LLC | $284.2M | 2.77% |
Lord Abbett High Yield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LHYOX | Class F3 | 0.63% | none |
| LHYVX | Class R6 | 0.63% | none |
| LAHYX | Class I | 0.73% | none |
| LHYTX | Class R5 | 0.73% | none |
| LHYFX | Class F | 0.83% | none |
| LHYAX | Class A | 0.93% | 2.25% |
| LHYSX | Class R4 | 0.98% | none |
| LHYRX | Class R3 | 1.23% | none |
| LHYQX | Class R2 | 1.33% | none |
| LHYCX | Class C | 1.56% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.