Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Lord Abbett Multi-Asset Balanced Opp A LABFX
- NAV / 1-Day Return 11.82 / +0.77 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.160%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Moderate Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.35%
- Turnover 24%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis LABFX
Will LABFX 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 92.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Lord Abbett Fundamental Equity I | 17.07 | 331.3 Mil | — |
Lord Abbett Core Fixed Income I | 15.44 | 299.7 Mil | — |
Lord Abbett Dividend Growth I | 12.82 | 248.9 Mil | — |
Lord Abbett Income I | 9.88 | 191.7 Mil | — |
Lord Abbett Affiliated I | 9.80 | 190.3 Mil | — |
Lord Abbett Growth Leaders I | 9.75 | 189.4 Mil | — |
Lord Abbett High Yield I | 5.66 | 109.8 Mil | — |
Lord Abbett International Equity I | 4.69 | 91.1 Mil | — |
Lord Abbett International Value I | 4.08 | 79.3 Mil | — |
Lord Abbett Emerging Markets Bond I | 3.64 | 70.7 Mil | — |