Lord Abbett Alpha Strategy Fund Class F3 (ALFOX)
| Fund Assets | 563.90M |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000,000 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 1.01% |
| Dividend Growth | 63.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 27.43 |
| YTD Return | 1.14% |
| 1-Year Return | 9.82% |
| 5-Year Return | 64.65% |
| 52-Week Low | 22.00 |
| 52-Week High | 29.60 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | n/a |
About ALFOX
Lord Abbett Alpha Strategy Fund Class F3 is an actively managed mutual fund designed to seek long-term capital appreciation through a diversified, multi-manager approach. Structured as a "fund of funds," it primarily invests in affiliated Lord Abbett mutual funds that focus on small-cap, mid-cap, and micro-cap stocks across both U.S. and global markets. This composition offers exposure to equities that are generally more volatile and less liquid than large-cap companies, with the intention of capitalizing on growth opportunities in less mature sectors and regions. The fund covers a broad spectrum of industries, allocating assets to sectors such as industrials, financials, information technology, healthcare, and consumer discretionary, among others. Its portfolio is dynamically rebalanced based on market conditions, and it may also hold derivatives as a supplementary investment tool. With an annual dividend frequency and an expense ratio of approximately 1.03%, the fund is suited for investors seeking access to a wide range of equity strategies within a single product. By diversifying across underlying funds and geographies, Lord Abbett Alpha Strategy Fund Class F3 aims to generate alpha and play a distinct role in multi-asset allocation strategies.
Performance
ALFOX had a total return of 9.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.06%.
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 | $0.2759 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1688 | Dec 21, 2023 |
| Dec 22, 2022 | $1.4823 | Dec 22, 2022 |
| Dec 22, 2021 | $1.6152 | Dec 22, 2021 |
| Dec 22, 2020 | $2.1567 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |