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LABYX
Mutual Fund ticker: NASDAQ
AS OF
Aug 1 closing price
Price
$12.86
Change
-$0.05 (-0.39%)
Net Assets
1.98B

LABYX Lord Abbett Multi-Asset Balanced Opp I 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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LABYX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, LABYX has been closely correlated with RLBCX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if LABYX jumps, then RLBCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LABYX
1D Price
Change %
LABYX100%
N/A
RLBCX - LABYX
95%
Closely correlated
-0.71%
RLBFX - LABYX
95%
Closely correlated
-0.70%
RLBEX - LABYX
95%
Closely correlated
-0.70%
RLBAX - LABYX
93%
Closely correlated
-0.71%
RLEFX - LABYX
91%
Closely correlated
-0.70%
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