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Lord Abbett Income Fund (LAGVX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

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 historically moved differently from LAGVX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for LAGVX

3 mutual funds have low correlation with LAGVX (below 0.3), 0 of which are negatively correlated. The least correlated is Lord Abbett Affiliated Fund (LAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.20 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LAFFX
Lord Abbett Affiliated Fund0.270.260.20
80
Large Cap Value EquitiesLAGVX vs LAFFX
LAVLX
Lord Abbett Mid Cap Stock Fund0.280.270.20
70
Mid Cap Value EquitiesLAGVX vs LAVLX
VEIPX
Vanguard Equity Income Fund Investor Shares0.280.250.18
84
Dividend, Large Cap Value EquitiesLAGVX vs VEIPX
FAGIX
Fidelity Capital & Income Fund0.330.380.38
74
High Yield BondsLAGVX vs FAGIX
MIFIX
Miller Intermediate Bond Fund0.420.310.28
95
Corporate BondsLAGVX vs MIFIX
See all 15 diversifiers for LAGVX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for LAGVX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. Class A (BRK-A) (Financial Services) with a 1Y correlation of 0.14, roughly unchanged from 0.08 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-A
Berkshire Hathaway Inc. Class A0.140.110.08
58
Financial Services
AGNC
AGNC Investment Corp.0.440.410.33
79
Real Estate

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Diversification Analysis

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