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Lord Abbett Multi-Asset Income R3 LIXRX

Analyst rating as of
NAV / 1-Day Return
14.37  /  0.28 %
Total Assets
1.0 Bil
Adj. Expense Ratio
1.370%
Expense Ratio
1.370%
Fee Level
Above Average
Longest Manager Tenure
6.66 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Status
Open
TTM Yield
5.55%
Turnover
40%

Morningstar’s Analysis

Will LIXRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

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

Senior Analyst

Summary

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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.

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