Lord Abbett Alpha Strategy Fund Class R5 (ALFTX)
| Fund Assets | 563.90M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000,000 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 0.99% |
| Dividend Growth | 66.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 27.57 |
| YTD Return | 2.33% |
| 1-Year Return | 2.87% |
| 5-Year Return | 56.73% |
| 52-Week Low | 21.85 |
| 52-Week High | 29.41 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Jun 30, 2015 |
About ALFTX
Lord Abbett Alpha Strategy Fund Class R5 is a mutual fund designed to seek long-term capital appreciation by investing primarily in a diversified mix of small-, mid-, and micro-cap stocks. The fund operates as a fund of funds, allocating assets among several Lord Abbett-managed underlying funds that emphasize growth, value, and international opportunities within the small- and mid-cap spectrum. Its portfolio reflects broad sector exposure, including industrials, financials, information technology, health care, and consumer discretionary names. The fund uses a blend strategy, seeking to balance potential for both growth and value through its holdings. It is actively managed, with allocations and holdings adjusted by an experienced investment team to capitalize on changing market dynamics. With total net assets exceeding $540 million, the fund plays a significant role for investors seeking diversified exposure to dynamic, less mature companies that can drive growth in the broader equity market. The fund distributes dividends annually and is tailored for retirement plan investors, reflecting its R5 share class structure.
Performance
ALFTX had a total return of 2.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.02%.
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
100.06% 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 | $0.2741 | Dec 19, 2024 |
| Dec 21, 2023 | $0.165 | Dec 21, 2023 |
| Dec 22, 2022 | $1.4754 | Dec 22, 2022 |
| Dec 22, 2021 | $1.6065 | Dec 22, 2021 |
| Dec 22, 2020 | $2.1515 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |