LIXTX: Lord Abbett Multi-Asset Income R5

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LIXTX Lord Abbett Multi-Asset Income R5


Profile

LIXTX - Profile

Vitals

  • YTD Return -13.9%
  • 3 Yr Annualized Return -3.3%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.06 B
  • Holdings in Top 10 84.2%

52 WEEK LOW AND HIGH

$13.05
$12.32
$15.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.24%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -13.9%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett Multi-Asset Income Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jun 30, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Giulio Martini

Fund Description

The fund is a "fund of funds" that invests in affiliated mutual funds (the "underlying funds") managed by Lord, Abbett & Co. LLC ("Lord Abbett"). Under normal conditions, through the underlying funds, it indirectly invests in fixed income securities, select U.S. equity securities, and 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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Categories

Performance

LIXTX - Performance

Return Ranking - Trailing

Period LIXTX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -42.6% 8.7% 46.05%
1 Yr -10.7% -43.4% 22.6% 42.76%
3 Yr -3.3%* -19.2% 10.6% 41.78%
5 Yr N/A* -15.4% 6.9% 27.87%
10 Yr N/A* -5.8% 9.7% 29.27%

* Annualized

Return Ranking - Calendar

Period LIXTX Return Category Return Low Category Return High Rank in Category (%)
2019 12.9% -5.5% 25.7% 37.61%
2018 -9.7% -32.7% 10.9% 31.10%
2017 5.1% -3.7% 19.3% 67.09%
2016 5.0% -43.7% 16.1% 18.82%
2015 N/A -19.4% 6.0% N/A

Total Return Ranking - Trailing

Period LIXTX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.9% -42.6% 8.7% 46.05%
1 Yr -10.7% -43.4% 22.6% 42.76%
3 Yr -0.9%* -19.2% 10.6% 34.59%
5 Yr N/A* -15.4% 7.1% 36.07%
10 Yr N/A* -5.8% 9.7% 43.90%

* Annualized

Total Return Ranking - Calendar

Period LIXTX Return Category Return Low Category Return High Rank in Category (%)
2019 13.2% -5.5% 25.7% 33.30%
2018 -6.2% -32.7% 10.9% 29.11%
2017 9.4% -3.7% 22.1% 64.32%
2016 9.7% -43.7% 20.7% 7.45%
2015 N/A -16.4% 8.0% N/A

NAV & Total Return History


Holdings

LIXTX - Holdings

Concentration Analysis

LIXTX Category Low Category High LIXTX % Rank
Net Assets 1.06 B 3.96 M 95.5 B 39.91%
Number of Holdings 20 4 4602 74.86%
Net Assets in Top 10 1.03 B -11.7 B 23 B 29.24%
Weighting of Top 10 84.17% 4.9% 100.0% 26.78%

Top 10 Holdings

  1. Lord Abbett High Yield I 16.67%
  2. Lord Abbett Ultra Short Bond I 14.64%
  3. Lord Abbett Fundamental Equity I 9.34%
  4. Lord Abbett Convertible I 7.97%
  5. Lord Abbett Core Fixed Income I 6.07%
  6. Lord Abbett Floating Rate I 6.04%
  7. Lord Abbett International Value I 5.38%
  8. Lord Abbett International Equity I 5.34%
  9. Lord Abbett Emerging Markets Bond I 5.27%
  10. Lord Abbett Growth Leaders I 5.12%

Asset Allocation

Weighting Return Low Return High LIXTX % Rank
Bonds
48.57% -1244.78% 179.84% 24.81%
Stocks
37.34% 0.00% 80.06% 70.54%
Cash
8.48% -106.59% 1319.41% 20.71%
Convertible Bonds
5.39% 0.00% 71.52% 6.64%
Preferred Stocks
0.20% 0.00% 33.71% 40.75%
Other
0.02% -7.95% 62.97% 72.09%

Stock Sector Breakdown

Weighting Return Low Return High LIXTX % Rank
Financial Services
18.43% 0.00% 34.17% 11.80%
Technology
17.24% 0.00% 36.56% 21.83%
Healthcare
12.71% 0.00% 34.26% 37.08%
Industrials
12.67% 0.00% 23.34% 18.49%
Consumer Cyclical
10.26% 0.00% 25.82% 46.77%
Communication Services
6.49% 0.00% 38.92% 71.83%
Consumer Defense
6.24% 0.00% 22.18% 73.61%
Energy
5.06% 0.00% 41.94% 45.77%
Utilities
3.92% 0.00% 71.13% 36.64%
Basic Materials
3.74% 0.00% 15.68% 58.24%
Real Estate
3.25% 0.00% 90.70% 77.84%

Stock Geographic Breakdown

Weighting Return Low Return High LIXTX % Rank
US
25.94% -5.64% 61.27% 71.21%
Non US
11.40% -1.59% 36.97% 78.63%

Bond Sector Breakdown

Weighting Return Low Return High LIXTX % Rank
Corporate
60.19% 0.00% 97.52% 7.64%
Cash & Equivalents
13.43% -3.64% 100.00% 48.62%
Government
13.15% 0.00% 86.03% 83.50%
Securitized
13.03% 0.00% 64.61% 69.44%
Municipal
0.17% 0.00% 31.37% 50.06%
Derivative
0.03% -0.04% 71.78% 58.47%

Bond Geographic Breakdown

Weighting Return Low Return High LIXTX % Rank
US
34.95% -1276.32% 97.03% 34.55%
Non US
13.62% -273.52% 82.81% 14.84%

Expenses

LIXTX - Expenses

Operational Fees

LIXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.24% 0.01% 22.24% 91.21%
Management Fee 0.10% 0.00% 1.90% 29.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.47% 10.51%

Sales Fees

LIXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LIXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

LIXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 447.00% 29.81%

Distributions

LIXTX - Distributions

Dividend Yield Analysis

LIXTX Category Low Category High LIXTX % Rank
Dividend Yield 0.00% 0.00% 13.53% 93.13%

Dividend Distribution Analysis

LIXTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

LIXTX Category Low Category High LIXTX % Rank
Net Income Ratio 2.89% -0.95% 6.49% 15.18%

Capital Gain Distribution Analysis

LIXTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

LIXTX - Fund Manager Analysis

Managers

Giulio Martini


Start Date

Tenure

Tenure Rank

Nov 02, 2015

4.41

4.4%

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 Lee


Start Date

Tenure

Tenure Rank

Apr 01, 2016

4.0

4.0%

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 Herzog


Start Date

Tenure

Tenure Rank

Apr 01, 2018

2.0

2.0%

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 Ritt


Start Date

Tenure

Tenure Rank

Apr 01, 2018

2.0

2.0%

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
0.04 28.27 6.04 0.25