Lord Abbett Alpha Strategy offers access to a diversified collection of small- and mid-cap strategies, but manager turnover and an added layer of fees keep its Morningstar Analyst Rating at Neutral across share classes.
Lord Abbett Alpha Strategy A ALFAX
NAV / 1-Day Return
26.17
/
1.54
%
Total Assets
774.4 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.530%
Expense Ratio
1.530%
Fee Level
High
Longest Manager Tenure
5.08
years
Category
US Fund Small Growth
Investment Style
Small GrowthMin. Initial Investment
1,500
Status
Open
TTM Yield
0.00%
Turnover
17%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ALFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALFAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ALFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ALFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A fund of funds searching for stability.
