Mike Kovac became a manager on Lord Abbett Mid Cap Stock on May 1, joining Jeff Diamond and John Hardy. Kovac, who has 17 years of industry experience but only three at the firm, had previously been an analyst covering financials and will continue to do so. His promotion to manager reflects his contributions to the team, the firm says. Because the move is minor, the strategy’s Morningstar Medalist Ratings remain unchanged.
Lord Abbett Mid Cap Stock F LMCFX
- NAV / 1-Day Return 34.69 / +0.06 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
0.880%
- Expense Ratio 0.880%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Mid-Cap Value
- Investment Style Mid Value
- Min. Initial Investment —
- Status Open
- TTM Yield 0.59%
- Turnover 41%
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis LMCFX
Will LMCFX 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 22.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
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KKR & Co Inc Ordinary Shares | 2.27 | 27.5 Mil | Financial Services |
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Permian Resources Corp Class A | 2.10 | 25.4 Mil | Energy |
Devon Energy Corp | 2.03 | 24.6 Mil | Energy |
Laboratory Corp of America Holdings | 2.03 | 24.6 Mil | Healthcare |
AerCap Holdings NV | 1.99 | 24.1 Mil | Industrials |