Skip to Content

Lord Abbett Mid Cap Stock A LAVLX

Analyst rating as of
NAV / 1-Day Return
35.37  /  0.88 %
Total Assets
1.5 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Longest Manager Tenure
13.26 years
Mid-Cap Value
Investment Style
Mid Value
Min. Initial Investment
TTM Yield

Morningstar’s Analysis

Will LAVLX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Lord Abbett Mid Cap Stock’s Lead Manager Has Departed the Firm; Ratings Unchanged

Analyst Note

| |

Eli Rabinowich no longer serves as Lord Abbett Mid Cap Stock’s lead manager and has left the firm less than three years after arriving in 2018. He was originally named head of Lord Abbett’s then-nascent value-equity department, inheriting portfolio management duties across a suite of funds in addition to personnel oversight obligations. However, his responsibilities were steadily pared back. He was removed as head of value equities in 2020 and made way for another comanager, John Hardy, later that year. Rabinowich wasn’t able to turn around this comparatively poor-performing fund, which trailed most mid-value Morningstar Category peers and the Russell Mid Cap Value Index on his watch.

Unlock our full analysis with Morningstar Premium

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.