Lord Abbett Multi-Asset Balanced Opp R5 (BLATX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.14
+0.03 (0.23%)
Sep 3, 2025, 4:00 PM EDT
0.23%
Fund Assets1.98B
Expense Ratio0.98%
Min. Investment$0.00
Turnover31.00%
Dividend (ttm)0.35
Dividend Yield2.70%
Dividend Growth13.57%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close13.11
YTD Return8.02%
1-Year Return9.86%
5-Year Return36.24%
52-Week Low11.43
52-Week High13.23
Beta (5Y)n/a
Holdings14
Inception DateJun 30, 2015

About BLATX

The Lord Abbett Multi-Asset Balanced Opportunity Fund Class R5 is a mutual fund designed to provide investors with a balance of current income and long-term capital growth. Structured as a diversified, tactically managed multi-asset fund, it allocates capital across a blend of asset classes including U.S. equities, fixed income securities, and select international instruments. The portfolio construction emphasizes flexibility, allowing for adjustments based on prevailing market conditions and opportunities. Notable for its indirect investment approach, the fund primarily holds various Lord Abbett equity and fixed income strategies, offering broad exposure across sectors such as core fixed income, dividend growth, fundamental equity, income, and high yield, among others. With over 90% of its assets concentrated in its top holdings, the fund targets a moderate allocation style suitable for investors seeking a mix of stability and growth potential. It features monthly dividend distributions and a competitive expense ratio, making it an important vehicle for both individual and institutional investors looking to diversify their portfolios within a single, actively managed product.

Fund Family Lord Abbett
Category Allocation--50% to 70% Equity
Stock Exchange NASDAQ
Ticker Symbol BLATX
Share Class Class R5
Index Russell 1000 TR USD

Performance

BLATX had a total return of 9.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.29%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
LOBFXClass F30.90%
BLAVXClass R60.90%
LABYXClass I0.98%
BLAFXClass F1.08%

Top 10 Holdings

90.41% of assets
NameSymbolWeight
Lord Abbett Core Fixed Income In/a15.25%
Lord Abbett Dividend Growth In/a14.01%
Lord Abbett Fundamental Equity In/a12.16%
Lord Abbett Income In/a11.71%
Lord Abbett Growth Leaders In/a10.96%
Lord Abbett Affiliated In/a9.06%
Lord Abbett High Yield In/a4.65%
Lord Abbett International Equity In/a4.49%
Lord Abbett Short Duration Income In/a4.18%
Lord Abbett International Value In/a3.94%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.0215Aug 29, 2025
Jul 31, 2025$0.0267Jul 31, 2025
Jun 27, 2025$0.0376Jun 27, 2025
May 30, 2025$0.0229May 30, 2025
Apr 30, 2025$0.0267Apr 30, 2025
Mar 28, 2025$0.0299Mar 28, 2025
Full Dividend History