Lord Abbett Alpha Strategy Fund Class C (ALFCX)
| Fund Assets | 563.90M |
| Expense Ratio | 2.22% |
| Min. Investment | $1,500 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 0.95% |
| Dividend Growth | 107.05% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 19.45 |
| YTD Return | 0.94% |
| 1-Year Return | 7.43% |
| 5-Year Return | 50.17% |
| 52-Week Low | 15.35 |
| 52-Week High | 20.72 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Mar 18, 1998 |
About ALFCX
Lord Abbett Alpha Strategy Fund Class C is a diversified mutual fund designed to pursue long-term capital appreciation. Structured as a “fund of funds,” it primarily invests in a selection of affiliated Lord Abbett mutual funds, providing indirect exposure to a broad range of U.S. and international micro-cap, small-cap, and mid-cap companies. This diversified approach leverages a blend of growth and value investment styles, targeting equities across multiple sectors such as industrials, financials, information technology, health care, and consumer discretionary, among others. The fund offers annual dividends and is actively managed, with its portfolio allocations periodically adjusted based on prevailing market opportunities and outlook. With an inception dating back to 1998, Lord Abbett Alpha Strategy Fund Class C plays a significant role for investors seeking a comprehensive, professionally managed solution for equity market exposure across asset classes and regions within a single mutual fund structure.
Performance
ALFCX had a total return of 7.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCPEX | Fidelity | Fidelity Small Cap Enhanced Index Fund | 0.55% |
| SWSSX | Schwab | Schwab Small Cap Index Fund® | 0.04% |
| FSSNX | Fidelity | Fidelity Small Cap Index Fund | 0.03% |
| FSCRX | Fidelity | Fidelity Small Cap Discovery Fund | 1.03% |
| FSSLX | Fidelity | Fidelity Series Small Cap Core | 0.01% |
Top 10 Holdings
100.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett International Opportunities Fund Class I | LINYX | 21.41% |
| Lord Abbett Value Opportunities Fund Class I | LVOYX | 20.00% |
| Lord Abbett Small Cap Value Fund Class I | LRSYX | 19.67% |
| Lord Abbett Developing Growth Fund Class I | LADYX | 19.30% |
| Lord Abbett Focused Small Cap Value Fund Class I | LMVYX | 9.84% |
| Lord Abbett Micro Cap Growth Fund Class I | LMIYX | 9.77% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 0.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.1822 | Dec 19, 2024 |
| Dec 21, 2023 | $0.088 | Dec 21, 2023 |
| Dec 22, 2022 | $1.343 | Dec 22, 2022 |
| Dec 22, 2021 | $1.3455 | Dec 22, 2021 |
| Dec 22, 2020 | $1.9161 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |