Lord Abbett Alpha Strategy Fund Class I (ALFYX)
| Fund Assets | 563.90M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000,000 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 1.00% |
| Dividend Growth | 68.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 27.70 |
| YTD Return | 2.37% |
| 1-Year Return | 6.12% |
| 5-Year Return | 55.37% |
| 52-Week Low | 21.84 |
| 52-Week High | 29.40 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Oct 19, 2004 |
About ALFYX
The Lord Abbett Alpha Strategy Fund Class I is a diversified mutual fund designed to pursue long-term capital appreciation. Structured as a "fund of funds," it primarily allocates its assets among affiliated Lord Abbett mutual funds, actively investing in U.S. and global small, mid-sized, and micro-cap stocks. This approach results in a portfolio focused on sectors such as industrials, information technology, financials, health care, and consumer discretionary, among others. The fund seeks to harness growth potential in less liquid and more volatile areas of the equity market, providing exposure beyond large-cap equities. With an annual dividend distribution and institutional share class features, such as a high minimum initial investment, the fund typically targets institutions and fee-based platforms. Its investment strategy is managed by an experienced team and is distinguished by its multi-manager structure, which enables broad diversification and dynamic allocation across styles and regions. Overall, the Lord Abbett Alpha Strategy Fund Class I serves as a flexible and actively managed solution for investors seeking diversified exposure to growth-oriented equities within and beyond the United States.
Performance
ALFYX had a total return of 6.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.19%.
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 International Opportunities Fund Class I | LINYX | 21.07% |
| Lord Abbett Developing Growth Fund Class I | LADYX | 19.80% |
| Lord Abbett Value Opportunities Fund Class I | LVOYX | 19.76% |
| Lord Abbett Small Cap Value Fund Class I | LRSYX | 19.65% |
| Lord Abbett Micro Cap Growth Fund Class I | LMIYX | 10.05% |
| Lord Abbett Focused Small Cap Value Fund Class I | LMVYX | 9.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.276 | Dec 19, 2024 |
| Dec 21, 2023 | $0.1641 | Dec 21, 2023 |
| Dec 22, 2022 | $1.4772 | Dec 22, 2022 |
| Dec 22, 2021 | $1.6074 | Dec 22, 2021 |
| Dec 22, 2020 | $2.1455 | Dec 22, 2020 |
| Dec 20, 2019 | $3.2865 | Dec 20, 2019 |