Lord Abbett Multi-Asset Balanced Opportunity Fund Class R6 (BLAVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
12.12
+0.06 (0.50%)
Sep 11, 2024, 4:00 PM EDT
15.98% (1Y)
| Fund Assets | 1.96B |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.54% |
| Dividend Growth | 26.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 30, 2024 |
| Previous Close | 12.06 |
| YTD Return | 12.17% |
| 1-Year Return | 19.14% |
| 5-Year Return | 40.49% |
| 52-Week Low | 9.88 |
| 52-Week High | 12.26 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Jun 30, 2015 |
About BLAVX
The fund is a "fund-of-funds" that invests in affiliated investment companies (the "underlying funds") managed by Lord, Abbett & Co. LLC ("Lord Abbett"). Under normal conditions, through the underlying funds, it indirectly invests in U.S. equity securities, fixed income securities and select foreign (including emerging market) securities. The fund uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.
Fund Family Lord Abbett
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BLAVX
Index Russell 1000 TR USD
Performance
BLAVX had a total return of 19.14% in the past year. Since the fund's inception, the average annual return has been 6.90%, including dividends.
Top 10 Holdings
92.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Fundamental Equity Fund | LAVYX | 17.06% |
| Lord Abbett Core Fixed Income Fund | LCRYX | 15.43% |
| Lord Abbett Dividend Growth Fund | LAMYX | 12.81% |
| Lord Abbett Income Fund | LAUYX | 9.87% |
| Lord Abbett Affiliated Fund Inc | LAFYX | 9.79% |
| Lord Abbett Growth Leaders Fund | LGLIX | 9.75% |
| Lord Abbett High Yield Fund Class I | LAHYX | 5.65% |
| Lord Abbett International Equity Fund | LICYX | 4.69% |
| Lord Abbett International Value Fund | LAIDX | 4.08% |
| Lord Abbett Emerging Markets Bond Fund | LDMYX | 3.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 30, 2024 | $0.0202 | Aug 30, 2024 |
| Jul 31, 2024 | $0.0236 | Jul 31, 2024 |
| Jun 28, 2024 | $0.035 | Jun 28, 2024 |
| May 31, 2024 | $0.0203 | May 31, 2024 |
| Apr 30, 2024 | $0.023 | Apr 30, 2024 |
| Mar 28, 2024 | $0.0303 | Mar 28, 2024 |