Lord Abbett Emerging Fund Quote
| LCDIX Fund | USD 12.98 0.01 0.08% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Lord Abbett is trading at 12.98 as of the 19th of April 2024; that is 0.08 percent increase since the beginning of the trading day. The fund's open price was 12.97. Lord Abbett has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Lord Abbett Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt securities that are tied economically to emerging market countries and derivative instruments that are intended to provide economic exposure to such securities. More on Lord Abbett Emerging
Moving together with Lord Mutual Fund
| 0.94 | ELMFX | Lord Abbett Trust | PairCorr |
| 0.93 | ELMCX | Lord Abbett Trust | PairCorr |
| 0.93 | LFRAX | Floating Rate | PairCorr |
| 0.93 | LFRFX | Floating Rate | PairCorr |
| 0.93 | LFRIX | Floating Rate | PairCorr |
| 0.93 | LFRRX | Lord Abbett Inv | PairCorr |
Lord Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lord Abbett's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lord Abbett or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Lord Abbett Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Lord Abbett (View all Sectors) |
| Update Date | 31st of March 2024 |
Lord Abbett Emerging [LCDIX] is traded in USA and was established 19th of April 2024. Lord Abbett is listed under Lord Abbett category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Lord Abbett family. This fund now has accumulated 48.96 M in assets with minimum initial investment of 1000 K. Lord Abbett Emerging is currently producing year-to-date (YTD) return of 1.48% with the current yeild of 0.05%, while the total return for the last 3 years was -0.73%.
Check Lord Abbett Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Lord Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Lord Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Lord Abbett Emerging Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Lord Abbett Target Price Odds Analysis
Based on a normal probability distribution, the odds of Lord Abbett jumping above the current price in 90 days from now is about 53.62%. The Lord Abbett Emerging probability density function shows the probability of Lord Abbett mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Lord Abbett has a beta of 0.0309. This indicates as returns on the market go up, Lord Abbett average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lord Abbett Emerging will be expected to be much smaller as well. Additionally, lord Abbett Emerging has an alpha of 0.0024, implying that it can generate a 0.002406 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lord Abbett to move above the current price in 90 days from now is about 53.62 (This Lord Abbett Emerging probability density function shows the probability of Lord Mutual Fund to fall within a particular range of prices over 90 days) .
Lord Abbett Emerging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lord Abbett market risk premium is the additional return an investor will receive from holding Lord Abbett long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lord Abbett. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lord Abbett's alpha and beta are two of the key measurements used to evaluate Lord Abbett's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1226 | |||
| Semi Deviation | 0.0853 | |||
| Standard Deviation | 0.1704 | |||
| Variance | 0.029 |
Lord Abbett Against Markets
Picking the right benchmark for Lord Abbett mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lord Abbett mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lord Abbett is critical whether you are bullish or bearish towards Lord Abbett Emerging at a given time. Please also check how Lord Abbett's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lord Abbett without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Lord Mutual Fund?
Before investing in Lord Abbett, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lord Abbett. To buy Lord Abbett fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lord Abbett. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lord Abbett fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lord Abbett Emerging fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lord Abbett Emerging fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Lord Abbett Emerging, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lord Abbett Emerging?
The danger of trading Lord Abbett Emerging is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lord Abbett is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lord Abbett. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lord Abbett Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lord Abbett Emerging. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.