How Safe Are Lord Abbett Funds?


Quick Answer

Lord Abbett is safe for a portfolio that is already well-balanced, but it may not be ideal for someone looking to stay totally on the safe side of an investment portfolio. The company has had high returns for several years, but their investment areas are in high risk-bonds and sometimes lower quality companies.

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Full Answer

Any company that invests in high risks bonds tends to have an overall higher payout but can be, depending on the market, a bit risky in the short term. According to U.S. News & World Report, Lord Abbett has had returns year after year that are in the top return percentage. The fund has gained more than $116 million since 2007.

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