Lord Abbett Alpha Strategy Fund Class F (ALFFX)
| Fund Assets | 590.42M |
| Expense Ratio | 1.32% |
| Min. Investment | $0.00 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 0.92% |
| Dividend Growth | 95.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 26.86 |
| YTD Return | 2.17% |
| 1-Year Return | 5.82% |
| 5-Year Return | 53.03% |
| 52-Week Low | 21.25 |
| 52-Week High | 28.59 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 28, 2007 |
About ALFFX
Lord Abbett Alpha Strategy Fund Class F is an open-end mutual fund designed to achieve long-term capital appreciation by utilizing a "fund of funds" approach. Rather than investing directly in individual securities, this fund allocates its assets among a selection of affiliated Lord Abbett mutual funds, aiming for broad diversification and active allocation across multiple market sectors. Key sectors represented in the underlying portfolio include industrials, financials, information technology, health care, consumer discretionary, and more, providing exposure to both growth-oriented and value-driven opportunities. The fund is actively managed, allowing its investment team to adjust allocations in response to changing market conditions and opportunities. Its typical holdings include a mix of small- and mid-cap equities through its underlying funds, reflecting its core objective to participate in dynamic segments of the equity market. With annual dividends and a net expense ratio of 1.21%, the fund caters to investors seeking a single, diversified entry point into a range of equity strategies managed by Lord Abbett. Launched in 2007, it has established itself as a flexible solution for those interested in multi-strategy equity exposure within the mutual fund landscape.
Performance
ALFFX had a total return of 5.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.63%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTIX | Vanguard | Vanguard Russell 2000 Index Fund Institutional Shares | 0.08% |
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 | $0.2474 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1267 | Dec 21, 2023 |
| Dec 22, 2022 | $1.4147 | Dec 22, 2022 |
| Dec 22, 2021 | $1.5732 | Dec 22, 2021 |
| Dec 22, 2020 | $2.1245 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |