Lord Abbett Multi-Asset Income portfolio underwent a revamp to lower the strategy’s volatility. While the changes are encouraging, the fund’s multi-asset resources, particularly related to risk management, remain a step below peers.
Lord Abbett Multi-Asset Income F LIGFX
- NAV / 1-Day Return 15.33 / +0.33 %
- Total Assets 796.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.950%
- Distribution Fee Level High
- Share Class Type No Load
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 3.22%
- Turnover 19%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0
Morningstar’s Analysis LIGFX
Will LIGFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 93.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Lord Abbett Core Fixed Income I | 33.88 | 277.5 Mil | — |
Lord Abbett Income I | 10.88 | 89.1 Mil | — |
Lord Abbett High Yield I | 8.47 | 69.4 Mil | — |
Lord Abbett Dividend Growth I | 8.29 | 67.9 Mil | — |
Lord Abbett Growth Leaders I | 7.25 | 59.4 Mil | — |
Lord Abbett Fundamental Equity I | 7.04 | 57.6 Mil | — |
Lord Abbett Affiliated I | 5.35 | 43.8 Mil | — |
Lord Abbett International Equity I | 4.86 | 39.8 Mil | — |
Lord Abbett International Value I | 3.72 | 30.5 Mil | — |
Lord Abbett Short Duration Income I | 3.41 | 27.9 Mil | — |