Industry description
The investment seeks high current income and the opportunity for capital appreciation to produce a high total return.
To pursue its objective, under normal conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds, debentures and other fixed income securities. It may invest a substantial portion of its net assets in high-yield securities (commonly referred to as "below investment grade" or "junk" bonds). The fund may invest up to 20% of its net assets in equity securities, including common stocks, preferred stocks, convertible preferred stocks, and similar instruments.
Volume
The average weekly volume growth across all stocks in the Lord Abbett Bond-Debenture C MF was -21%. For the same stocks of the MF, the average monthly volume growth was -22% and the average quarterly volume growth was -7%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 80
P/E Growth Rating: 59
Price Growth Rating: 44
SMR Rating: 54
Profit Risk Rating: 53
Seasonality Score: 1 (-100 ... +100)