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Lord Abbett Income Fund (LAGVX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks a high level of income consistent with preservation of capital. Under normal conditions, the fund pursues its investment objective by investing at least 65% of its net assets in investment grade debt (or fixed income) securities including Corporate debt securities of U.S. issuers; Corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; Mortgage-backed, mortgage-related and other asset-backed securities; Securities issued or guaranteed by the U.S. government, its agencies or instrumentalities; and Inflation-linked investments.

Looking to diversify beyond LAGVX? The mutual funds below have the lowest correlation with LAGVX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LAGVX.

Best Diversifiers for LAGVX

4 mutual funds have low correlation with LAGVX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Developing Growth Fund (LAGWX) (Small Cap Growth Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.17 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LAGWX
Lord Abbett Developing Growth Fund0.230.190.17
71
Small Cap Growth EquitiesLAGVX vs LAGWX
FITLX
Fidelity U.S. Sustainability Index Fund0.280.230.20
54
Large Cap Blend Equities, ESGLAGVX vs FITLX
LAVLX
Lord Abbett Mid Cap Stock Fund0.290.280.19
62
Mid Cap Value EquitiesLAGVX vs LAVLX
LAFFX
Lord Abbett Affiliated Fund0.290.260.19
74
Large Cap Value EquitiesLAGVX vs LAFFX
VEIPX
Vanguard Equity Income Fund Investor Shares0.300.250.17
60
Large Cap Value EquitiesLAGVX vs VEIPX
See all 17 diversifiers for LAGVX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from LAGVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to LAGVX and solid risk/return profiles. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of 0.42, up from 0.32 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AGNC
AGNC Investment Corp.0.420.400.32
76
Real Estate

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Diversification Analysis

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