Lord Abbett Alpha Strategy R3 (ALFRX)
| Fund Assets | 612.26M |
| Expense Ratio | 1.72% |
| Min. Investment | $0.00 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 0.69% |
| Dividend Growth | 107.05% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 26.28 |
| YTD Return | 6.76% |
| 1-Year Return | 12.56% |
| 5-Year Return | 52.55% |
| 52-Week Low | 19.92 |
| 52-Week High | 26.78 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 28, 2007 |
About ALFRX
The Lord Abbett Alpha Strategy Fund Class R3 is a diversified mutual fund that aims for long-term capital appreciation through a distinctive “fund of funds” approach. Managed by Lord Abbett, the fund invests primarily in a selection of affiliated mutual funds, providing indirect exposure to a wide spectrum of equity securities from U.S. and international markets. Its underlying funds emphasize micro-cap, small-cap, and mid-cap companies, employing a blend strategy that balances growth and value stock characteristics. The portfolio’s sector allocation is broad, spanning industries such as industrials, financials, information technology, health care, consumer discretionary, and more. This structure allows investors to access diversified equity exposure—both geographically and by investment style—through a single investment vehicle. With hundreds of holdings and an active management philosophy, the fund is designed to capture diverse opportunities while managing risk within the equity markets.
Performance
ALFRX had a total return of 12.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.43%.
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 Developing Growth I | LADYX | 20.28% |
| Lord Abbett International Opportunities Fund | LINYX | 20.28% |
| Lord Abbett Small Cap Value I | LRSYX | 19.92% |
| Lord Abbett Value Opportunities Fund | LVOYX | 19.58% |
| Lord Abbett Micro Cap Growth I | LMIYX | 10.06% |
| Lord Abbett Focused Small Cap Value I | LMVYX | 9.87% |
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 | $1.3527 | Dec 22, 2022 |
| Dec 22, 2021 | $1.4554 | Dec 22, 2021 |
| Dec 22, 2020 | $2.0329 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |