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Morningstar

Lord Abbett Fundamental Equity R3 LAVRX

Morningstar Medalist Rating
Medalist Rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 14.94  /  +1.56 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.190%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.55%
  • Turnover 26%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis LAVRX

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

  • People Pillar

    The People Pillar is our evaluation of the LAVRX 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 LAVRX’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 R3 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 LAVRX

More LAVRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.29 84.2 Mil
Financial Services

Alphabet Inc Class A

3.06 60.1 Mil
Communication Services

Shell PLC ADR (Representing - Ordinary Shares)

2.76 54.2 Mil
Energy

Diamondback Energy Inc

2.71 53.3 Mil
Energy

Wells Fargo & Co

2.51 49.3 Mil
Financial Services

Charles Schwab Corp

2.47 48.6 Mil
Financial Services

Chesapeake Energy Corp Ordinary Shares - New

2.16 42.5 Mil
Energy

NetApp Inc

2.13 41.9 Mil
Technology

KKR & Co Inc Ordinary Shares

2.12 41.7 Mil
Financial Services

Microsoft Corp

2.06 40.5 Mil
Technology