The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Lord Abbett Fundamental Equity R3 to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
- NAV / 1-Day Return 12.16 / 1.67 %
- Total Assets 2.0 Bil
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Adj. Expense Ratio
- Expense Ratio 1.210%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Large Value
- Investment Style Large Value
- Min. Initial Investment 0
- Status Open
- TTM Yield 0.91%
- Turnover 50%
Morningstar’s Analysis LAVRX
Will LAVRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.