Lord Abbett Alpha Strategy Fund Class A (ALFAX)
| Fund Assets | 590.42M |
| Expense Ratio | 1.47% |
| Min. Investment | $1,500 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 0.74% |
| Dividend Growth | 94.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 26.56 |
| YTD Return | 0.89% |
| 1-Year Return | 10.18% |
| 5-Year Return | 43.85% |
| 52-Week Low | 20.95 |
| 52-Week High | 28.16 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Mar 18, 1998 |
About ALFAX
Lord Abbett Alpha Strategy Fund Class A is a mutual fund designed to pursue long-term capital appreciation by employing a fund-of-funds approach. This strategy involves allocating assets primarily among affiliated Lord Abbett mutual funds, with a focus on U.S. and global small, mid-sized, and micro-cap stocks, which generally offer higher growth potential but also greater volatility and lower liquidity compared to large-cap equities. The portfolio is diversified across several underlying funds, with the largest weights in small-cap and value-oriented strategies. The fund is managed by an experienced investment team and offers annual dividend distributions, requiring a minimum initial investment of $1,500. Its asset base exceeds $600 million, and it typically holds hundreds of securities through its underlying funds. Lord Abbett Alpha Strategy Fund Class A plays a role in providing investors with diversified exposure to the small growth segment of the equity market, leveraging Lord Abbett’s family of funds to access a broad mix of styles and regions for potential long-term growth.
Performance
ALFAX had a total return of 10.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett International Opportunities Fund Class I | LINYX | 21.07% |
| Lord Abbett Developing Growth Fund Class I | LADYX | 19.80% |
| Lord Abbett Value Opportunities Fund Class I | LVOYX | 19.76% |
| Lord Abbett Small Cap Value Fund Class I | LRSYX | 19.65% |
| Lord Abbett Micro Cap Growth Fund Class I | LMIYX | 10.05% |
| Lord Abbett Focused Small Cap Value Fund Class I | LMVYX | 9.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.2088 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1071 | Dec 21, 2023 |
| Dec 22, 2022 | $1.4164 | Dec 22, 2022 |
| Dec 22, 2021 | $1.5329 | Dec 22, 2021 |
| Dec 22, 2020 | $2.0901 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |