Lord Abbett Mid Cap Stock continues to struggle with team turnover and performance, keeping 10 of its 11 share classes at a Morningstar Analyst Rating of Neutral, while the most expensive C shares stay at Negative.
Lord Abbett Mid Cap Stock P LMCPX
NAV / 1-Day Return
29.46
/
2.08
%
Total Assets
1.2 Bil
Adj. Expense Ratio
1.180%
Expense Ratio
1.180%
Fee Level
Low
Longest Manager Tenure
14.13
years
Category
Mid-Cap Value
Investment Style
Mid ValueMin. Initial Investment
0
Status
Open
TTM Yield
0.61%
Turnover
61%
Morningstar’s Fund Analysis LMCPX
Will LMCPX 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 LMCPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LMCPX 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 LMCPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Turnover, performance struggles continue.
