Lord Abbett Alpha Strategy Fund Class A (ALFAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.21
+0.29 (1.12%)
Oct 28, 2024, 4:00 PM EDT
35.80%
Fund Assets 643.88M
Expense Ratio 1.46%
Min. Investment $1,500
Turnover 4.00%
Dividend (ttm) 0.11
Dividend Yield 0.39%
Dividend Growth -92.44%
Payout Frequency Annual
Ex-Dividend Date Dec 21, 2023
Previous Close 25.92
YTD Return 13.32%
1-Year Return 36.44%
5-Year Return 52.15%
52-Week Low 19.40
52-Week High 26.81
Beta (5Y) n/a
Holdings 7
Inception Date Mar 18, 1998

About ALFAX

The fund is a "fund of funds" that invests in affiliated mutual funds (the "underlying funds") managed by Lord Abbett. Under normal conditions, through the underlying funds, it indirectly invests in the equity securities of U.S. and foreign micro-cap, small, and mid-sized companies. The fund uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.

Fund Family Lord Abbett
Category Small Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ALFAX
Index Russell 2000 TR

Performance

ALFAX had a total return of 36.44% in the past year. Since the fund's inception, the average annual return has been 8.10%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FJACX Fidelity Fidelity Series Small Cap Discovery Fund 0.97%
FCPEX Fidelity Fidelity® Small Cap Enhanced Index Fund 0.55%
SWSSX Schwab Schwab Small Cap Index Fund® 0.04%
FLXSX Fidelity Fidelity Flex Small Cap Index Fund n/a
FSCRX Fidelity Fidelity Small Cap Discovery Fund 1.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
ALFTX Class R5 1.21%
ALFYX Class I 1.21%
ALFFX Class F 1.31%
ALFKX Class R4 1.46%

Top 10 Holdings

100.04% of assets
Name Symbol Weight
Lord Abbett Small Cap Value Fund LRSYX 20.52%
Lord Abbett Value Opportunities Fund LVOYX 20.33%
Lord Abbett International Opportunities Fund LINYX 19.63%
Lord Abbett Developing Growth Fund Class I LADYX 19.07%
Lord Abbett Focused Small Cap Value Fund Class I LMVYX 10.42%
Lord Abbett Micro Cap Growth Fund Class I LMIYX 9.98%
Fixed Income Clearing Corp. - FIXED INC CLEARING CORP.REPO n/a 0.08%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Dec 20, 2018 $3.419 Dec 20, 2018
Full Dividend History