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LABFX
Mutual Fund ticker: NASDAQ
AS OF
Apr 29 closing price
Price
$12.13
Change
+$0.05 (+0.41%)
Net Assets
1.88B

LABFX Lord Abbett Multi-Asset Balanced Opp A Forecast, Technical & Fundamental Analysis

The investment seeks current income and capital growth... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks current income and capital growth. 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.
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Moderate Allocation
Address
Lord Abbett Investment Trust90 Hudson StreetJersey City
Phone
N/A
Web
www.lordabbett.com
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LABFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, LABFX has been closely correlated with RLBCX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if LABFX jumps, then RLBCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LABFX
1D Price
Change %
LABFX100%
N/A
RLBCX - LABFX
96%
Closely correlated
+0.27%
RLBEX - LABFX
96%
Closely correlated
+0.24%
RLBFX - LABFX
96%
Closely correlated
+0.26%
RLBGX - LABFX
91%
Closely correlated
+0.24%
FBONX - LABFX
91%
Closely correlated
+0.27%
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