Lord Abbett Financials

LBCCX Fund  USD 8.34  0.00  0.00%   
You can make use of Lord Abbett Corporate fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down twelve available fundamentals for Lord Abbett, which can be compared to its peers in the industry. The fund experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Lord Abbett to be traded at $8.26 in 90 days.
  
Please note that past performance is not an indicator of the future performance of Lord Abbett, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Lord Abbett Fund Summary

Lord Abbett competes with Vanguard Intermediate, and Investment Grade. Under normal conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt securities and derivative instruments that are intended to provide economic exposure to such securities. It invests substantially all of its assets in debt securities rated investment grade at the time of purchase or determined by Lord Abbett to be of comparable quality.
Specialization
Corporate Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressLord Abbett Investment
Mutual Fund FamilyLord Abbett
Mutual Fund CategoryCorporate Bond
BenchmarkNYSE Composite
Phone888 522 2388
CurrencyUSD - US Dollar
You should never invest in Lord Abbett Corporate without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Lord Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Lord Abbett's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.

Lord Abbett Key Financial Ratios

Generally speaking, Lord Abbett's financial ratios allow both analysts and investors to convert raw data from Lord Abbett's financial statements into concise, actionable information that can be used to evaluate the performance of Lord Abbett over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lord Abbett Corporate reports annually and quarterly.

Lord Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lord Abbett's current stock value. Our valuation model uses many indicators to compare Lord Abbett value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lord Abbett competition to find correlations between indicators driving Lord Abbett's intrinsic value. More Info.
Lord Abbett Corporate is rated third overall fund in annual yield among similar funds. It is rated third overall fund in year to date return among similar funds creating about  2,740  of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lord Abbett by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lord Abbett's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lord Abbett's earnings, one of the primary drivers of an investment's value.

Lord Abbett Market Pulse

 Quote8.34
 Change(%) 0.00  
 Change0.00 
 Open8.34
 Low8.34
 High8.34
 Volume0
 ExchangeNMFQS
Lord Abbett Corporate is rated third overall fund in net asset among similar funds. Total Asset Under Management (AUM) of Corporate Bond category is currently estimated at about 43.58 Billion. Lord Abbett adds roughly 5.27 Million in net asset claiming only tiny portion of funds in Corporate Bond category.

Lord Abbett April 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lord Abbett help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lord Abbett Corporate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lord Abbett Corporate based on widely used predictive technical indicators. In general, we focus on analyzing Lord Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lord Abbett's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 main economic indicators.
Note that the Lord Abbett Corporate information on this page should be used as a complementary analysis to other Lord Abbett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Please note, there is a significant difference between Lord Abbett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lord Abbett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lord Abbett's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.