Lord Abbett Multi-Asset Balanced Opportunity Fund Class R2 (BLAQX)
| Fund Assets | 2.04B |
| Expense Ratio | 1.55% |
| Min. Investment | $0.00 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.94% |
| Dividend Growth | 0.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 13.79 |
| YTD Return | -1.10% |
| 1-Year Return | 11.45% |
| 5-Year Return | 18.37% |
| 52-Week Low | 11.77 |
| 52-Week High | 14.43 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Sep 7, 2007 |
About BLAQX
The Lord Abbett Multi-Asset Balanced Opportunity Fund Class R2 is a diversified mutual fund designed to seek long-term capital growth alongside current monthly income. The fund employs a tactical asset allocation strategy, investing across multiple asset classes to balance growth potential and income generation. Its portfolio typically includes a variety of U.S. securities—often with at least 75% allocation domestically—and may comprise equities, fixed income instruments, and other investment types to pursue its objectives. By blending assets from different sectors, the fund aims to mitigate volatility while capturing opportunities across market environments. The Class R2 shares cater primarily to retirement plans and certain institutional investors, offering access to the fund’s multi-asset strategy at a specific fee structure. With a 12-month dividend yield of approximately 2.08% as of June 2025 and an expense ratio of 1.58%, the fund serves investors looking for a combination of growth and income potential within a single, tactically managed investment vehicle.
Performance
BLAQX had a total return of 11.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.87%.
Top 10 Holdings
95.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund Class I | LCRYX | 26.91% |
| Lord Abbett Dividend Growth Fund Class I | LAMYX | 14.38% |
| Lord Abbett Fundamental Equity Fund Class I | LAVYX | 12.86% |
| Lord Abbett Growth Leaders Fund Class I | LGLIX | 10.61% |
| Lord Abbett Affiliated Fund Class I | LAFYX | 9.42% |
| Lord Abbett High Yield Fund Class I | LAHYX | 6.01% |
| Lord Abbett International Equity Fund Class I | LICYX | 4.80% |
| Lord Abbett International Value Fund Class I | LAIDX | 4.31% |
| Lord Abbett Emerging Markets Bond Fund Class I | LDMYX | 3.78% |
| Lord Abbett Value Opportunities Fund Class I | LVOYX | 2.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0317 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0159 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0109 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0522 | Dec 31, 2025 |
| Nov 25, 2025 | $0.0113 | Nov 25, 2025 |
| Oct 31, 2025 | $0.0164 | Oct 31, 2025 |