LABFX vs. LBNDX
LABFX (Lord Abbett Multi-Asset Balanced Opportunity Fund) and LBNDX (Lord Abbett Bond Debenture Fund) are both mutual funds - LABFX is a Diversified Portfolio fund managed by Lord Abbett, while LBNDX is a Multisector Bonds fund managed by Lord Abbett. Over the past 10 years, LABFX returned 6.98%/yr vs 3.78%/yr for LBNDX. Their 0.63 correlation means they have sometimes moved together and sometimes differently. LABFX charges 0.50%/yr vs 0.77%/yr for LBNDX.
Performance
LABFX vs. LBNDX - Performance Comparison
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Returns By Period
In the year-to-date period, LABFX achieves a 5.65% return, which is significantly higher than LBNDX's 0.31% return. Over the past 10 years, LABFX has outperformed LBNDX with an annualized return of 6.98%, while LBNDX has yielded a comparatively lower 3.78% annualized return.
LABFX
- 1D
- 0.64%
- 1M
- -0.21%
- 6M
- 3.62%
- YTD
- 5.65%
- 1Y
- 11.31%
- 3Y*
- 13.23%
- 5Y*
- 4.48%
- 10Y*
- 6.98%
- ALL TIME*
- 6.93%
LBNDX
- 1D
- 0.28%
- 1M
- -1.26%
- 6M
- -0.61%
- YTD
- 0.31%
- 1Y
- 4.08%
- 3Y*
- 6.41%
- 5Y*
- 1.17%
- 10Y*
- 3.78%
- ALL TIME*
- 5.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LABFX vs. LBNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LABFX Lord Abbett Multi-Asset Balanced Opportunity Fund | 5.65% | 12.93% | 15.10% | 11.91% | -16.16% | 4.46% | 19.37% | 19.78% | -10.25% | 8.84% |
LBNDX Lord Abbett Bond Debenture Fund | 0.31% | 8.42% | 6.29% | 6.38% | -13.67% | 3.25% | 7.65% | 13.40% | -3.76% | 9.23% |
Correlation
The correlation between LABFX and LBNDX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 1994 | 0.63 |
The correlation between LABFX and LBNDX has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.
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Return for Risk
LABFX vs. LBNDX — Risk / Return Rank
LABFX
LBNDX
LABFX vs. LBNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX) and Lord Abbett Bond Debenture Fund (LBNDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LABFX | LBNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.21 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.08 | +0.96 |
| Martin ratioReturn relative to average drawdown | 8.32 | 4.03 | +4.29 |
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Drawdowns
LABFX vs. LBNDX - Drawdown Comparison
The maximum LABFX drawdown since its inception was -41.58%, which is greater than LBNDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for LABFX and LBNDX.
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Drawdown Indicators
| LABFX | LBNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.58% | -26.67% | -14.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -4.08% | -2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -10.38% | -4.51% | -5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -26.26% | -17.33% | -8.93% |
Max Drawdown (10Y)Largest decline over 10 years | -26.26% | -19.77% | -6.49% |
Current DrawdownCurrent decline from peak | -0.84% | -1.65% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -3.51% | -1.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.09% | +0.40% |
Volatility
LABFX vs. LBNDX - Volatility Comparison
Lord Abbett Multi-Asset Balanced Opportunity Fund (LABFX) has a higher volatility of 2.53% compared to Lord Abbett Bond Debenture Fund (LBNDX) at 0.90%. This indicates that LABFX's price experiences larger fluctuations and is considered to be riskier than LBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LABFX | LBNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.53% | 0.90% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 3.24% | +3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.38% | 4.06% | +4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.42% | 4.72% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.34% | 5.00% | +6.34% |
LABFX vs. LBNDX - Expense Ratio Comparison
LABFX has a 0.50% expense ratio, which is lower than LBNDX's 0.77% expense ratio.
Dividends
LABFX vs. LBNDX - Dividend Comparison
LABFX's dividend yield for the trailing twelve months is around 2.07%, less than LBNDX's 5.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LABFX Lord Abbett Multi-Asset Balanced Opportunity Fund | 2.07% | 2.27% | 2.52% | 2.25% | 1.81% | 13.30% | 5.83% | 3.04% | 5.83% | 4.39% | 3.32% | 7.83% |
LBNDX Lord Abbett Bond Debenture Fund | 5.66% | 5.92% | 5.38% | 4.66% | 3.67% | 3.71% | 3.72% | 4.02% | 6.43% | 4.82% | 4.58% | 5.50% |
Frequently Asked Questions
LABFX and LBNDX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LABFX has higher volatility (2.53%) compared to LBNDX (0.90%). In terms of maximum drawdown, LABFX dropped -41.58% vs LBNDX's -26.67%.
LABFX currently has the higher Sharpe Ratio (1.48 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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