LBNDX vs. LAVLX
Compare and contrast key facts about Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Mid Cap Stock Fund (LAVLX).
LBNDX is managed by Lord Abbett. It was launched on Mar 31, 1971. LAVLX is managed by Lord Abbett. It was launched on Jun 28, 1983.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LBNDX or LAVLX.
Key characteristics
| LBNDX | LAVLX | |
|---|---|---|
| YTD Return | 6.72% | 9.97% |
| 1Y Return | 11.70% | 18.94% |
| 3Y Return (Ann) | -0.33% | 6.55% |
| 5Y Return (Ann) | 2.38% | 10.05% |
| 10Y Return (Ann) | 3.76% | 6.96% |
| Sharpe Ratio | 2.75 | 1.31 |
| Daily Std Dev | 4.21% | 13.99% |
| Max Drawdown | -27.33% | -60.58% |
| Current Drawdown | -1.87% | -4.18% |
Correlation
The correlation between LBNDX and LAVLX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LBNDX vs. LAVLX - Performance Comparison
In the year-to-date period, LBNDX achieves a 6.72% return, which is significantly lower than LAVLX's 9.97% return. Over the past 10 years, LBNDX has underperformed LAVLX with an annualized return of 3.76%, while LAVLX has yielded a comparatively higher 6.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LBNDX vs. LAVLX - Expense Ratio Comparison
LBNDX has a 0.77% expense ratio, which is lower than LAVLX's 0.98% expense ratio.
Risk-Adjusted Performance
LBNDX vs. LAVLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Mid Cap Stock Fund (LAVLX). 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
LBNDX vs. LAVLX - Dividend Comparison
LBNDX's dividend yield for the trailing twelve months is around 5.61%, more than LAVLX's 0.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 5.61% | 5.11% | 5.25% | 4.18% | 3.69% | 4.02% | 6.03% | 4.84% | 4.64% | 5.12% | 6.95% | 7.00% |
LAVLX Lord Abbett Mid Cap Stock Fund | 0.83% | 1.23% | 8.40% | 8.51% | 1.19% | 3.19% | 6.55% | 2.67% | 0.60% | 0.79% | 0.47% | 0.37% |
Drawdowns
LBNDX vs. LAVLX - Drawdown Comparison
The maximum LBNDX drawdown since its inception was -27.33%, smaller than the maximum LAVLX drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for LBNDX and LAVLX. For additional features, visit the drawdowns tool.
Volatility
LBNDX vs. LAVLX - Volatility Comparison
The current volatility for Lord Abbett Bond Debenture Fund (LBNDX) is 0.73%, while Lord Abbett Mid Cap Stock Fund (LAVLX) has a volatility of 4.13%. This indicates that LBNDX experiences smaller price fluctuations and is considered to be less risky than LAVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.