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.
Will LIXRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LIXRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LIXRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of LIXRX’s parent organization’s priorities and whether they’re in line with investors’ interests.