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Lord Abbett Multi-Asset Balanced Opp A (LABFX)

11.40 +0.05 (+0.44%)
At close: April 26 at 8:01 PM EDT

Fund Summary

The fund is a "fund-of-funds" that invests in affiliated investment companies (the "underlying funds") managed by Lord, Abbett & Co. LLC ("Lord Abbett"). Under normal conditions, through the underlying funds, it indirectly invests in U.S. equity securities, fixed income securities and select foreign (including emerging market) securities. The fund uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 31.96%
Worst 1Y Total Return --
Number of Years Up 22
Number of Years Down 7

Performance & Risk

YTD Return 4.84%
5y Average Return 6.56%
Rank in Category (ytd) 8
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.90
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
LABFXCategory AverageLABFXCategory AverageLABFXCategory Average
Alpha -0.46 -0.01 1.03 -0.01 -0.36 -0
BETA 0.9 0.01 1.04 0.01 1.08 0.01
Mean Annual Return 0.24 0.01 0.68 0.01 0.52 0.01
R-squared 92.82 0.93 92.1 0.92 91.93 0.92
Standard Deviation 11.71 0.13 13.37 0.1 11.15 0.09
Sharpe Ratio -0.01 0.01 0.45 0.01 0.43 0.01
Treynor Ratio -0.84 0.09 5.22 0.09 4 0.07

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