About BFLAX
The Lord Abbett Multi-Asset Balanced Opportunity Fund Class C is a diversified mutual fund designed to provide investors with both long-term capital growth and current monthly income. Operating as a fund-of-funds, it primarily invests in a mix of affiliated Lord Abbett mutual funds, strategically allocating assets across equities, fixed income, and alternative investments. This balanced approach aims to capture a broad range of market opportunities while managing risk through tactical portfolio management.
The fund’s allocation spans several sectors, including information technology, financials, industrials, health care, and consumer discretionary, reflecting broad market exposure and diversification. Its income component is delivered through regular monthly dividends, with the underlying funds contributing a blend of dividend income and potential capital gains. As of May 2025, the fund maintains a gross and net expense ratio of 1.98% and manages assets totaling approximately $1.92 billion. Launched in July 1996, the Lord Abbett Multi-Asset Balanced Opportunity Fund Class C serves investors seeking a balanced solution that combines growth potential with ongoing income within a single, tactically managed investment vehicle.
Fund Family Lord Abbett
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BFLAX
Share Class Class C
Index Russell 1000 TR USD
BFLAX had a total return of 9.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.15%.
