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Mutual Fund Insights: Lord Abbett Balanced Strategy I Fund (LABYX)

In-depth Analysis of Lord Abbett Balanced Strategy I Fund (LABYX)

Mutual fund chart: Lord Abbett Balanced Strategy I Fund (LABYX)

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See Lord Abbett Balanced Strategy I Fund (LABYX) performance details as of February 28, 2010

Last Trade: $10.11 on 3/19/2010, Change: -0.04 (-0.39%)

Experiment our closing price forecasting tool for Lord Abbett Balanced Strategy I Fund (LABYX) (alpha release)

Fund Manager - Stacy P. J. Allen

Fund Manager Tenure: 0.5 years [Similar Funds: LABBX LABFX LABPX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*) (What does this score mean?)

Mr. Towle joined Lord Abbett in 1987. Stacy P. J. Allen came to the firm from the American International Group where Stacy P. J. Allen held the position of Assistant Vice President and Portfolio Manager. Prior to that Stacy P. J. Allen worked as an Investment Officer and Analyst for Savings Bank Trust Company and a Senior Securities Trader for the Union Trust Company. Mr. Towle received his BA in economics from Rutgers University. Stacy P. J. Allen is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1980. Get more insights on Stacy P. J. Allen

What we like about Lord Abbett Balanced Strategy I Fund (LABYX)

Data for Lord Abbett Balanced Strategy I Fund (LABYX) as of February 28, 2010

Lord Abbett Balanced Strategy I Fund (LABYX) has good short-term performance (1-year return 46.00% vs 39.25 % Moderate Allocation category average)
Lord Abbett Balanced Strategy I Fund (LABYX) has good Long-term performance (5-year return 3.01% vs 2.04 % Moderate Allocation category average)
Lord Abbett Balanced Strategy I Fund (LABYX) ratio of up-years vs down years is greater than 2
Lord Abbett Balanced Strategy I Fund (LABYX) has a Morningstar rating of 4 and above
Lord Abbett Balanced Strategy I Fund (LABYX) has an annual stock turnover rate of 21.69% vs Moderate Allocation average of 97.84%. It is good that Lord Abbett Balanced Strategy I management does not trade extensively for its return.
Lord Abbett Balanced Strategy I Fund (LABYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

What we are cautious about Lord Abbett Balanced Strategy I Fund (LABYX)

Data for Lord Abbett Balanced Strategy I Fund (LABYX) as of February 28, 2010

Lord Abbett Balanced Strategy I Fund (LABYX) management has been with Lord Abbett Balanced Strategy I Fund for only 0.5 years, it is hard to judge manager's ability based on this fund's operation record
Lord Abbett Balanced Strategy I Fund is a focused fund with 99.91% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
Lord Abbett Balanced Strategy I Fund (LABYX) has a less-than-ideal mid-term performance (3-year return -0.14% vs -2.09 % Moderate Allocation category average)
Lord Abbett Balanced Strategy I Fund (LABYX) is more volatile than its peers as it has a 3-year Standard Deviation of 15.55 that is higher than category average of 14.91

See Lord Abbett Balanced Strategy I Fund (LABYX) performance details as of February 28, 2010

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Lord Abbett Balanced Strategy I Fund (LABYX) Net Asset

Track net asset change of Lord Abbett Balanced Strategy I fund (LABYX)

Date	Net Asset
02/2010	$1.25B
01/2010	$2.96M
11/2009	$2.72M

More historic net asset information on Lord Abbett Balanced Strategy I Fund (LABYX)

Lord Abbett Balanced Strategy I Fund (LABYX) Portfolio Allocation

Track portfolio allocation change of Lord Abbett Balanced Strategy I fund (LABYX)

Date	Cash	Stock	Bond	Other
09/2009	2.98%	61.52%	29.82%	5.68%
06/2009	3.4%	60.18%	31.96%	4.46%
04/2009	3.75%	54.35%	38.45%	3.46%

Click here to see more historic asset allocation information on Lord Abbett Balanced Strategy I Fund (LABYX)

Most Recent Top 10 Holdings in Lord Abbett Balanced Strategy I Fund (LABYX)

Discover what Lord Abbett Balanced Strategy I Fund (LABYX) manager is buying

30-Sep-09

Lord Abbett Affiliated I [25.77%]
Lord Abbett Capital Structure I [18.15%]
Lord Abbett High Yield I [14.94%]
Lord Abbett Bond-Debenture I [13.66%]
Lord Abbett Classic Stock I [10.51%]
Lord Abbett Intl Dividend Inc I [8.24%]
Lord Abbett Intl Core Equity I [6.55%]
Lord Abbett Floating Rate I [2.1%]
N/A [0%]
N/A [0%]

30-Jun-09

30-Apr-09

Lord Abbett Affiliated I [26.56%]
Lord Abbett High Yield I [14.61%]
Lord Abbett Bond-Debenture I [13.4%]
Lord Abbett Large-Cap Core I [10.66%]
Lord Abbett Total Return I [6.99%]
Lord Abbett Intl Core Equity I [6.16%]
Lord Abbett Intl Dividend Inc I [4.75%]
Lord Abbett Floating Rate I [2.1%]
N/A [0%]

Click here for Stock Holding Change Map in Lord Abbett Balanced Strategy I Fund (LABYX)

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Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.