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Morningstar

Lord Abbett Fundamental Equity R2 LAVQX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 11.99  /  0.50 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    1.310%
  • Expense Ratio 1.310%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Small
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.79%
  • Turnover 50%

USD | NAV as of Sep 25, 2023 | 1-Day Return as of Sep 25, 2023, 10:12 PM GMT+0

Morningstar’s Analysis LAVQX

Will LAVQX 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 LAVQX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LAVQX 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 LAVQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Lord Abbett Fundamental Equity R2 to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LAVQX

More LAVQX Holdings
  • Current Portfolio Date
  • Equity Holdings 64
  • Bond Holdings 0
  • Other Holdings 0
  • % Assets in Top 10 Holdings 24.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

3.53
69,661,940
Financial Services

Alphabet Inc Class A

2.67
52,760,182
Communication Services

Adobe Inc

2.47
48,718,364
Technology

SLB

2.46
48,603,637
Energy

Shell PLC ADR (Representing - Ordinary Shares)

2.34
46,242,222
Energy

Microsoft Corp

2.24
44,304,489
Technology

UnitedHealth Group Inc

2.20
43,355,399
Healthcare

Charles Schwab Corp

2.16
42,641,969
Financial Services

Pioneer Natural Resources Co

2.12
41,927,229
Energy

EMCOR Group Inc

2.09
41,287,680
Industrials