Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Lord Abbett Fundamental Equity R2 LAVQX
- NAV / 1-Day Return 13.86 / 0.00
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.290%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Small
- Category Large Value
- Investment Style Large Value
- Min. Initial Investment —
- Status Open
- TTM Yield 0.46%
- Turnover 26%
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
JPMorgan Chase & Co | 4.03 | 72.2 Mil | Financial Services |
Allstate Corp | 2.56 | 45.9 Mil | Financial Services |
Alphabet Inc Class A | 2.52 | 45.1 Mil | Communication Services |
Microsoft Corp | 2.44 | 43.7 Mil | Technology |
Wells Fargo & Co | 2.38 | 42.7 Mil | Financial Services |
Shell PLC ADR (Representing - Ordinary Shares) | 2.32 | 41.6 Mil | Energy |
KKR & Co Inc Ordinary Shares | 2.27 | 40.7 Mil | Financial Services |
AbbVie Inc | 2.26 | 40.5 Mil | Healthcare |
EMCOR Group Inc | 2.20 | 39.5 Mil | Industrials |
Charles Schwab Corp | 2.18 | 39.1 Mil | Financial Services |