A thinly-staffed team at Lord Abbett Multi-Asset Income employs an arbitrary process that courts significant risks in this portfolio and results in an offering without much appeal relative to peers. All share classes of the fund receive a Morningstar Analyst Rating of Negative.
- NAV / 1-Day Return 14.77 / 0.74 %
- Total Assets 962.6 Mil
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Adj. Expense Ratio
- Expense Ratio 0.970%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Allocation—50% to 70% Equity
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Status Open
- TTM Yield 2.59%
- Turnover 40%
Morningstar’s Analysis LIGFX
Will LIGFX outperform in future?
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