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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett Multi-Asset Growth Fund

LGXFX |

-

$977 M

-

0.38%

Vitals

YTD Return

14.3%

1 yr return

0.0%

3 Yr Avg Return

6.5%

5 Yr Avg Return

4.0%

Net Assets

$977 M

Holdings in Top 10

100.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.38%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Lord Abbett Multi-Asset Growth Fund

LGXFX |

-

$977 M

-

0.38%

LGXFX - Profile

Distributions

  • YTD Total Return 14.3%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Lord Abbett Multi-Asset Growth Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Sep 28, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Giulio A. Martini

Fund Description

LGXFX - Performance

Return Ranking - Trailing

Period LGXFX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -52.8% 25.5% 15.26%
1 Yr 0.0% -63.1% 12.7% 83.34%
3 Yr 6.5%* -27.4% 12.9% 65.10%
5 Yr 4.0%* -24.0% 8.4% 87.49%
10 Yr 9.1%* -14.6% 9.4% 59.62%

* Annualized

Return Ranking - Calendar

Period LGXFX Return Category Return Low Category Return High Rank in Category (%)
2023 -17.6% -34.6% 1.6% 89.99%
2022 3.9% -12.4% 33.2% 77.23%
2021 9.4% -65.8% 23.3% 6.62%
2020 -12.5% -64.9% 4.8% 93.25%
2019 -3.9% -29.5% 68.3% 84.57%

Total Return Ranking - Trailing

Period LGXFX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.3% -52.8% 25.5% 15.51%
1 Yr 0.0% -60.9% 12.7% 46.47%
3 Yr 6.5%* -22.8% 13.0% 18.89%
5 Yr 4.0%* -21.3% 47.3% 25.34%
10 Yr 9.1%* -12.3% 12.5% 15.55%

* Annualized

Total Return Ranking - Calendar

Period LGXFX Return Category Return Low Category Return High Rank in Category (%)
2023 -10.0% -32.7% 1.6% 70.68%
2022 11.7% -8.4% 33.2% 42.40%
2021 12.7% -65.2% 23.3% 5.08%
2020 -4.9% -62.9% 9.2% 68.62%
2019 7.6% -28.5% 76.9% 15.90%

LGXFX - Holdings

Concentration Analysis

LGXFX Category Low Category High LGXFX % Rank
Net Assets 977 M 604 K 147 B 41.32%
Number of Holdings 16 2 13482 81.50%
Net Assets in Top 10 1.03 B -120 M 26.4 B 25.56%
Weighting of Top 10 100.06% 5.5% 3196.0% 4.32%

Top 10 Holdings

  1. Lord Abbett High Yield I 19.04%
  2. Lord Abbett Mid Cap Stock I 18.52%
  3. Lord Abbett Fundamental Equity I 15.21%
  4. Lord Abbett Growth Opportunities I 13.45%
  5. Lord Abbett Growth Leaders I 10.25%
  6. Lord Abbett International Equity I 7.98%
  7. Lord Abbett International Value I 7.88%
  8. Lord Abbett Convertible I 3.54%
  9. Lord Abbett Ultra Short Bond I 3.48%
  10. Lord Abbett Inflation Focused I 0.72%

Asset Allocation

Weighting Return Low Return High LGXFX % Rank
Stocks 		74.38% -21.52% 135.47% 11.32%
Bonds 		20.98% 0.00% 261.66% 82.01%
Convertible Bonds 		3.03% 0.00% 26.85% 7.57%
Cash 		1.25% -283.85% 353.31% 82.26%
Preferred Stocks 		0.30% 0.00% 65.70% 29.94%
Other 		0.06% -253.31% 53.08% 46.28%

Stock Sector Breakdown

Weighting Return Low Return High LGXFX % Rank
Technology 		14.05% -3.22% 31.95% 15.24%
Financial Services 		13.54% -0.41% 47.66% 9.57%
Industrials 		9.45% -0.36% 27.15% 6.63%
Healthcare 		9.31% -1.99% 45.45% 14.99%
Consumer Cyclical 		8.44% -9.59% 42.25% 17.86%
Consumer Defense 		4.85% -4.62% 17.45% 28.13%
Energy 		4.58% -2.23% 28.27% 18.24%
Basic Materials 		3.74% -1.56% 22.61% 7.84%
Real Estate 		3.09% -3.22% 75.65% 29.78%
Utilities 		2.19% -0.16% 23.50% 28.44%
Communication Services 		1.20% -0.92% 6.89% 62.76%

Stock Geographic Breakdown

Weighting Return Low Return High LGXFX % Rank
US 		55.71% -23.38% 134.61% 15.00%
Non US 		18.67% -76.83% 74.42% 26.83%

Bond Sector Breakdown

Weighting Return Low Return High LGXFX % Rank
Corporate 		22.68% 0.00% 86.09% 27.78%
Securitized 		1.35% -31.43% 45.07% 75.72%
Cash & Equivalents 		0.23% -277.47% 353.31% 86.59%
Government 		0.23% -57.27% 316.66% 88.87%
Derivative 		0.04% -234.33% 46.84% 17.61%
Municipal 		0.00% 0.00% 99.83% 69.74%

Bond Geographic Breakdown

Weighting Return Low Return High LGXFX % Rank
US 		17.60% -215.69% 201.54% 80.67%
Non US 		3.38% -64.26% 220.06% 55.56%

LGXFX - Expenses

Operational Fees

LGXFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.00% 11.64% 86.33%
Management Fee 0.10% 0.00% 2.50% 20.28%
12b-1 Fee 0.10% 0.00% 1.00% 19.16%
Administrative Fee 0.04% 0.00% 0.83% 14.10%

Sales Fees

LGXFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LGXFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LGXFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 6067.00% 42.98%

LGXFX - Distributions

Dividend Yield Analysis

LGXFX Category Low Category High LGXFX % Rank
Dividend Yield 0.00% 0.00% 1.02% 32.17%

Dividend Distribution Analysis

LGXFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

LGXFX Category Low Category High LGXFX % Rank
Net Income Ratio 2.00% -4.09% 6.99% 33.63%

Capital Gain Distribution Analysis

LGXFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

LGXFX - Fund Manager Analysis

Managers

Giulio A. Martini

Start Date

Tenure

Tenure Rank

Nov 02, 2015

3.58

3.6%

Martini is chief investment officer-currency & quantitative strategies of AllianceBernstein with which he has been associated since prior to 2001. Previously, he was named chief international economist and portfolio manager on the international and global value equities team in 1992. He also served as a senior economist since joining Bernstein in 1985. Prior to AllianceBernstein, he conducted economic research and taught at the Institute of Employment Policy at Boston University for three years.

Robert A. Lee

Start Date

Tenure

Tenure Rank

Jun 30, 2016

2.92

2.9%

Mr. Lee is the lead portfolio manager for the taxable fixed income strategies. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Mr. Lee received a BS from the University of Pennsylvania. He has been in the investment business since 1991.

Jeffrey O. Herzog

Start Date

Tenure

Tenure Rank

Apr 01, 2018

1.16

1.2%

Mr. Herzog joined Lord Abbett in 2013 and has been a member of the Fund’s team since 2016. Mr. Herzog was formerly Senior Economist at Oxford Economics from 2012 to 2013 and Senior Economist at BBVA Compass from 2009 to 2012.

David B. Ritt

Start Date

Tenure

Tenure Rank

Apr 01, 2018

1.16

1.2%

Mr. Ritt is a portfolio manager on the taxable fixed income team with a focus on emerging markets. Mr. Ritt joined Lord Abbett in 2006 and his prior experience includes: Assistant Vice President-Research Analyst at ASB Capital Management. Mr. Ritt received a BA from the University of Virginia and an MBA from New York University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 38.52 6.47 7.12

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