Lord Abbett is trading at 22.93 as of the 29th of November 2024; that is 0.35 percent increase since the beginning of the trading day. The fund's open price was 22.85. Lord Abbett has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Lord Abbett Micro Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2023 and ending today, the 29th of November 2024. Click here to learn more.
Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. It uses fundamental analysis to look for micro-cap companies that appear to have the potential for more rapid growth than the overall economy.. More on Lord Abbett Micro Cap
Lord Abbett Micro Cap [LMIYX] is traded in USA and was established 29th of November 2024. Lord Abbett is listed under Lord Abbett category by Fama And French industry classification. The fund is listed under Small Growth category and is part of Lord Abbett family. This fund now has accumulated 162.38 M in assets with no minimum investment requirementsLord Abbett Micro is currently producing year-to-date (YTD) return of 33.41%, while the total return for the last 3 years was 0.18%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Lord Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Lord Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Lord Abbett Micro Cap Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
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Other Information on Investing in Lord Mutual Fund
Lord Abbett financial ratios help investors to determine whether Lord Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lord with respect to the benefits of owning Lord Abbett security.