Lord Abbett Balanced Fund Quote
| LABPX Fund | USD 11.21 0.02 0.18% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Lord Abbett is trading at 11.21 as of the 19th of April 2024; that is -0.18 percent down since the beginning of the trading day. The fund's open price was 11.23. Lord Abbett has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Lord Abbett Balanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund is a fund-of-funds that invests in affiliated investment companies managed by Lord, Abbett Co. LLC . Under normal conditions, through the underlying funds, it indirectly invests in U.S. equity securities, fixed income securities and select foreign securities. More on Lord Abbett Balanced
Moving together with Lord Mutual Fund
| 0.95 | ELMFX | Lord Abbett Trust | PairCorr |
| 0.83 | ELMCX | Lord Abbett Trust | PairCorr |
| 0.85 | LFRAX | Floating Rate | PairCorr |
| 0.86 | LFRFX | Floating Rate | PairCorr |
| 0.85 | LFRIX | Floating Rate | PairCorr |
| 0.85 | LFRRX | Lord Abbett Inv | PairCorr |
Moving against Lord Mutual Fund
| 0.56 | LGBYX | Lord Abbett Global | 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 Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, Lord Abbett (View all Sectors) |
| Update Date | 31st of March 2024 |
Lord Abbett Balanced [LABPX] 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 Allocation--50% to 70% Equity category and is part of Lord Abbett family. This fund now has accumulated 1.7 B in assets with no minimum investment requirementsLord Abbett Balanced is currently producing year-to-date (YTD) return of 3.98% with the current yeild of 0.02%, while the total return for the last 3 years was 0.01%.
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 Balanced 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.
Top Lord Abbett Balanced Mutual Fund Constituents
| LLDYX | Lord Abbett Short | Mutual Fund | Short-Term Bond |
| LICYX | Lord Abbett International | Mutual Fund | Foreign Large Blend |
| LUBYX | Lord Abbett Ultra | Mutual Fund | Ultrashort Bond |
| LMGYX | Lord Abbett Growth | Mutual Fund | Mid-Cap Growth |
| LMCYX | Lord Abbett Mid | Mutual Fund | Mid-Cap Value |
| LIFLX | Lord Abbett Focused | Mutual Fund | Large Value |
| LIFIX | Lord Abbett Inflation | Mutual Fund | Inflation-Protected Bond |
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 59.87%. The Lord Abbett Balanced 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 0.7378. 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 Balanced will be expected to be much smaller as well. Additionally, lord Abbett Balanced has an alpha of 0.0059, implying that it can generate a 0.005864 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 59.87 (This Lord Abbett Balanced probability density function shows the probability of Lord Mutual Fund to fall within a particular range of prices over 90 days) .
Lord Abbett Balanced 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 | 0.4038 | |||
| Semi Deviation | 0.3775 | |||
| Standard Deviation | 0.4976 | |||
| Variance | 0.2476 |
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 Balanced 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?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
| All Next | Launch Module |
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 Balanced 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 Balanced 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 Balanced, 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 Balanced?
The danger of trading Lord Abbett Balanced 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 Balanced 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 Balanced. 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 american community survey. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.