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.
Fund Family Lord Abbett
Category Small Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ALFTX
Share Class Class R5
Index Russell 2000 TR
ALFTX had a total return of 14.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.89%.
