Lord Abbett Multi-Asset Balanced Opportunity Fund Class P (LABPX)
| Fund Assets | 2.04B |
| Expense Ratio | 1.43% |
| Min. Investment | $0.00 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.99% |
| Dividend Growth | -0.81% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 13.65 |
| YTD Return | 1.94% |
| 1-Year Return | 11.24% |
| 5-Year Return | 28.61% |
| 52-Week Low | 11.13 |
| 52-Week High | 13.75 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Dec 31, 2002 |
About LABPX
Lord Abbett Multi-Asset Balanced Opportunity Fund Class P is a tactically managed mutual fund designed to seek long-term growth of capital and provide current monthly income through a diversified investment approach. The fund achieves its objectives by allocating assets across a blend of U.S. and foreign equities, fixed income securities—including investment-grade and high-yield corporate bonds, mortgage-backed securities, municipal bonds, and convertible securities—as well as select derivatives for risk management and strategic purposes. As a “fund-of-funds,” it invests primarily in other Lord Abbett-affiliated funds, enabling efficient exposure to a broad market spectrum, including both growth and value investment styles. This multi-asset strategy is intended to adapt to changing market conditions, offering investors a balanced approach that incorporates flexibility and responsiveness. With a strong focus on income and capital appreciation, Lord Abbett Multi-Asset Balanced Opportunity Fund Class P serves as a core holding for investors seeking professional management and diversified risk exposure within their portfolios.
Performance
LABPX had a total return of 11.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.96%.
Top 10 Holdings
95.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund Class I | LCRYX | 27.44% |
| Lord Abbett Dividend Growth Fund Class I | LAMYX | 14.33% |
| Lord Abbett Fundamental Equity Fund Class I | LAVYX | 12.67% |
| Lord Abbett Growth Leaders Fund Class I | LGLIX | 11.16% |
| Lord Abbett Affiliated Fund Class I | LAFYX | 9.15% |
| Lord Abbett High Yield Fund Class I | LAHYX | 6.05% |
| Lord Abbett International Equity Fund Class I | LICYX | 4.47% |
| Lord Abbett International Value Fund Class I | LAIDX | 3.98% |
| Lord Abbett Emerging Markets Bond Fund Class I | LDMYX | 3.76% |
| Lord Abbett Ultra Short Bond Fund Class I | LUBYX | 2.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.0545 | Dec 31, 2025 |
| Nov 25, 2025 | $0.0129 | Nov 25, 2025 |
| Oct 31, 2025 | $0.0185 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0292 | Sep 30, 2025 |
| Aug 29, 2025 | $0.017 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0214 | Jul 31, 2025 |