Lord Abbett Multi-Asset Balanced Opp R6 (BLAVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.20
-0.07 (-0.53%)
Aug 29, 2025, 4:00 PM EDT
-0.53%
Fund Assets1.98B
Expense Ratio0.90%
Min. Investment$0.00
Turnover31.00%
Dividend (ttm)0.35
Dividend Yield2.69%
Dividend Growth13.59%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close13.27
YTD Return8.49%
1-Year Return10.34%
5-Year Return37.29%
52-Week Low11.46
52-Week High13.27
Beta (5Y)n/a
Holdings14
Inception DateJun 30, 2015

About BLAVX

The Lord Abbett Multi-Asset Balanced Opportunity Fund Class R6 is a multi-asset mutual fund designed to deliver long-term capital growth alongside current monthly income. It employs a diversified, tactical allocation approach by investing primarily in a broad range of underlying Lord Abbett funds, encompassing domestic and international equities, fixed income, and alternative strategies. The portfolio typically features exposure to core fixed income, dividend growth, fundamental equity, high yield bonds, and international funds, aiming to balance capital appreciation with income generation. This fund stands out for its use of both direct investments and derivatives—including futures, forwards, options, and swaps—for risk management and, occasionally, for return enhancement, with derivative holdings generally not exceeding 35% of net assets under normal conditions. The fund’s actively managed structure allows dynamic adjustments to asset allocation in response to changing market conditions. As such, it serves investors seeking a single, diversified investment solution with the potential to navigate various market environments while maintaining a moderate risk profile. The fund is managed by Lord Abbett and is structured to complement broader portfolio strategies focused on both growth and income.

Fund Family Lord Abbett
Category Allocation--50% to 70% Equity
Stock Exchange NASDAQ
Ticker Symbol BLAVX
Share Class Class R6
Index Russell 1000 TR USD

Performance

BLAVX had a total return of 10.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
LOBFXClass F30.90%
LABYXClass I0.98%
BLATXClass R50.98%
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$0.0216Aug 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$0.030Mar 28, 2025
Full Dividend History