Servesh Tiwari will leave Lord Abbett for another firm on July 7, Lord Abbett announced. He will no longer comanage Lord Abbett Affiliated LAFVX and Lord Abbett Dividend Growth LAMYX as a result. Tiwari joined both funds as comanager in August 2019, serving primarily in a quantitative role to help lead manager Darnell Azeez and his comanagers with risk management and providing data to assist with portfolio construction. His duties will be absorbed by Azeez and other comanagers for each strategy, plus members of the quant team. Because Tiwari played a minor role on these strategies, his departure and the lack of replacement do not affect the strategies’ Average People ratings or their Morningstar Medalist Ratings.
- NAV / 1-Day Return 17.63 / 0.45 %
- Total Assets 3.5 Bil
-
Adj. Expense Ratio
1.170%
- Expense Ratio 1.170%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Large Blend
- Investment Style Large Blend
- Min. Initial Investment —
- Status Open
- TTM Yield 0.57%
- Turnover 47%
Morningstar’s Analysis LAMRX
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Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 55
- Bond Holdings 0
- Other Holdings 0
- % Assets in Top 10 Holdings 36.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector