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Lord Abbett Inflation Focused C LIFCX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Lord Abbett Investment Hub

Morningstar’s Analysis LIFCX

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

  • People Pillar

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

A unique take on inflation protection contributes to a bumpy ride.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

A sizable and experienced group guides Lord Abbett Inflation Focused, but the team swapped out an important contributor in 2022, when manager Hyun Lee departed the firm. Lee oversaw the strategy’s Consumer Price Index swaps book, which is the portion of the portfolio that explicitly aims to provide inflation protection. Manager Leah Traub, the firm’s global rates and liquid products leader, absorbed Lee’s responsibilities. The strategy’s remaining veteran managers are still in place, adding some stability here, including manager Kewjin Yuoh, taxable fixed-income group co-heads Steve Rocco and Rob Lee, and investment-grade corporates leader Andy O’Brien.

by R.J. D'Ancona
Rated on Published on

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