Lord Abbett Multi-Asset Balanced Opportunity Fund Class R5 (BLATX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.83
-0.06 (-0.47%)
Jul 11, 2025, 4:00 PM EDT
7.82%
Fund Assets 1.92B
Expense Ratio 0.98%
Min. Investment $0.00
Turnover 31.00%
Dividend (ttm) 0.35
Dividend Yield 2.73%
Dividend Growth 16.10%
Payout Frequency Monthly
Ex-Dividend Date Jun 27, 2025
Previous Close 12.89
YTD Return 5.71%
1-Year Return 10.90%
5-Year Return 43.69%
52-Week Low 11.43
52-Week High 12.90
Beta (5Y) n/a
Holdings 15
Inception Date Jun 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 10.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.

Other Share Classes

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

Symbol Share Class Expense Ratio
LOBFX Class F3 0.90%
BLAVX Class R6 0.90%
LABYX Class I 0.98%
BLAFX Class F 1.08%

Top 10 Holdings

90.64% of assets
Name Symbol Weight
Lord Abbett Core Fixed Income Fund Class I LCRYX 16.08%
Lord Abbett Dividend Growth Fund Class I LAMYX 13.72%
Lord Abbett Fundamental Equity Fund Class I LAVYX 12.04%
Lord Abbett Income Fund Class I LAUYX 10.20%
Lord Abbett Growth Leaders Fund Class I LGLIX 9.74%
Lord Abbett Affiliated Fund Class I LAFYX 8.96%
Lord Abbett Short Duration Income Fund Class I LLDYX 6.50%
Lord Abbett High Yield Fund Class I LAHYX 5.08%
Lord Abbett International Equity Fund Class I LICYX 4.40%
Lord Abbett International Value Fund Class I LAIDX 3.93%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 27, 2025 $0.0376 Jun 27, 2025
May 30, 2025 $0.0229 May 30, 2025
Apr 30, 2025 $0.0267 Apr 30, 2025
Mar 28, 2025 $0.0299 Mar 28, 2025
Feb 28, 2025 $0.023 Feb 28, 2025
Jan 31, 2025 $0.0158 Jan 31, 2025
Full Dividend History