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Morningstar

Lord Abbett Multi-Asset Income F LIGFX

Morningstar Analyst Rating
Analyst rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 14.77  /  0.74 %
  • Total Assets 962.6 Mil
  • Adj. Expense Ratio
    0.330%
  • 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%

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 1:11 AM GMT+00:00

Morningstar’s Analysis LIGFX

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

People Pillar

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

The fund's small team, haphazard process, and volatile returns make it a risky choice.

Senior Analyst

Summary

| by Todd Trubey

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.

Unlock our full analysis with Morningstar Investor