About ALFQX
The Lord Abbett Alpha Strategy Fund Class R2 is a diversified mutual fund designed to pursue long-term capital appreciation. Functioning as a "fund of funds," it primarily invests in a collection of affiliated mutual funds managed by Lord Abbett. Through this structure, the fund provides investors with indirect exposure to equity securities of U.S. and international companies, with an emphasis on micro-cap, small-cap, and mid-cap businesses. The portfolio utilizes a blend strategy, seeking a balance between growth and value styles to harness opportunities across the small and mid-cap spectrum.
Key holdings within the fund represent a mix of sectors, including industrials, financials, information technology, health care, consumer discretionary, and more, ensuring strong diversification. The fund’s largest underlying allocations include Lord Abbett’s small-cap and value-oriented offerings as well as international equities. With a relatively low turnover rate, the fund emphasizes a long-term investment approach and is particularly tailored for retirement and small accounts. The expense ratio for Class R2 shares is positioned in the mid-range for similar offerings, making it a notable option for investors seeking multi-faceted exposure to dynamic growth sectors within and outside the United States.
Fund Family Lord Abbett
Category Small Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ALFQX
Share Class Class R2
Index Russell 2000 TR
ALFQX had a total return of 21.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.29%.
