Lord Abbett Multi-Asset Balanced Opportunity Fund Class I (LABYX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.79
-0.05 (-0.42%)
Jul 19, 2024, 9:30 AM EDT
11.33% (1Y)
| Fund Assets | 1.94B |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.56% |
| Dividend Growth | 29.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 28, 2024 |
| Previous Close | 11.84 |
| YTD Return | 9.23% |
| 1-Year Return | 14.00% |
| 5-Year Return | 35.10% |
| 52-Week Low | 9.84 |
| 52-Week High | 12.00 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Oct 19, 2004 |
About LABYX
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 Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LABYX
Index Russell 1000 TR USD
Performance
LABYX had a total return of 14.00% in the past year. Since the fund's inception, the average annual return has been 0.35%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BLAFX | Class F | 1.01% |
| BLAVX | Class R6 | 0.84% |
| LOBFX | Class F3 | 0.84% |
| BLATX | Class R5 | 0.91% |
Top 10 Holdings
92.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Fundamental Equity I | LAVYX | 17.07% |
| Lord Abbett Core Fixed Income I | LCRYX | 15.44% |
| Lord Abbett Dividend Growth I | LAMYX | 12.82% |
| Lord Abbett Income I | LAUYX | 9.88% |
| Lord Abbett Affiliated I | LAFYX | 9.80% |
| Lord Abbett Growth Leaders I | LGLIX | 9.75% |
| Lord Abbett High Yield Fund Class I | LAHYX | 5.66% |
| Lord Abbett International Equity I | LICYX | 4.69% |
| Lord Abbett International Value I | LAIDX | 4.08% |
| Lord Abbett Emerging Markets Bond I | LDMYX | 3.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Feb 29, 2024 | $0.019 | Feb 29, 2024 |
| Jan 31, 2024 | $0.0167 | Jan 31, 2024 |