Lord Abbett Alpha Strategy retains a Morningstar Analyst Rating of Neutral across all share classes as its underlying funds offer mixed value.
Lord Abbett Alpha Strategy R3 ALFRX
NAV / 1-Day Return
24.34
/
1.93
%
Total Assets
775.6 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.
1.730%
Expense Ratio
1.730%
Fee Level
High
Longest Manager Tenure
6.22
years
Category
Small Growth
Investment Style
Small BlendMin. Initial Investment
0
Status
Open
TTM Yield
1.18%
Turnover
7%
Premium
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 ALFRX 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 ALFRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ALFRX 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 ALFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Offers variety, but little more.
