LAGVX vs. PFIIX
Compare and contrast key facts about Lord Abbett Income Fund (LAGVX) and PIMCO Low Duration Income Fund (PFIIX).
LAGVX is managed by Lord Abbett. It was launched on Jan 4, 1982. PFIIX is managed by PIMCO. It was launched on Jul 30, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAGVX or PFIIX.
Correlation
The correlation between LAGVX and PFIIX is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LAGVX vs. PFIIX - Performance Comparison
Key characteristics
LAGVX:
1.00
PFIIX:
2.86
LAGVX:
1.44
PFIIX:
4.61
LAGVX:
1.19
PFIIX:
1.68
LAGVX:
0.50
PFIIX:
4.09
LAGVX:
3.50
PFIIX:
18.69
LAGVX:
1.74%
PFIIX:
0.43%
LAGVX:
6.07%
PFIIX:
2.81%
LAGVX:
-50.69%
PFIIX:
-29.16%
LAGVX:
-6.81%
PFIIX:
-1.23%
Returns By Period
In the year-to-date period, LAGVX achieves a 0.15% return, which is significantly lower than PFIIX's 1.67% return. Over the past 10 years, LAGVX has underperformed PFIIX with an annualized return of 2.27%, while PFIIX has yielded a comparatively higher 4.18% annualized return.
LAGVX
0.15%
-2.02%
-1.36%
6.09%
1.56%
2.27%
PFIIX
1.67%
-0.89%
2.43%
7.91%
4.84%
4.18%
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LAGVX vs. PFIIX - Expense Ratio Comparison
LAGVX has a 0.73% expense ratio, which is higher than PFIIX's 0.50% expense ratio.
Risk-Adjusted Performance
LAGVX vs. PFIIX — Risk-Adjusted Performance Rank
LAGVX
PFIIX
LAGVX vs. PFIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Income Fund (LAGVX) and PIMCO Low Duration Income Fund (PFIIX). 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.
Dividends
LAGVX vs. PFIIX - Dividend Comparison
LAGVX's dividend yield for the trailing twelve months is around 5.62%, less than PFIIX's 6.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAGVX Lord Abbett Income Fund | 5.62% | 5.47% | 4.88% | 4.95% | 3.11% | 3.47% | 3.88% | 4.29% | 3.52% | 3.92% | 4.70% | 5.35% |
PFIIX PIMCO Low Duration Income Fund | 6.12% | 5.95% | 4.99% | 6.32% | 3.06% | 3.46% | 4.76% | 3.21% | 3.15% | 3.78% | 5.37% | 5.15% |
Drawdowns
LAGVX vs. PFIIX - Drawdown Comparison
The maximum LAGVX drawdown since its inception was -50.69%, which is greater than PFIIX's maximum drawdown of -29.16%. Use the drawdown chart below to compare losses from any high point for LAGVX and PFIIX. For additional features, visit the drawdowns tool.
Volatility
LAGVX vs. PFIIX - Volatility Comparison
Lord Abbett Income Fund (LAGVX) has a higher volatility of 2.41% compared to PIMCO Low Duration Income Fund (PFIIX) at 1.35%. This indicates that LAGVX's price experiences larger fluctuations and is considered to be riskier than PFIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.