Lord Abbett Multi-Asset Balanced Opp I (LABYX)
| Fund Assets | 2.04B |
| Expense Ratio | 0.98% |
| Min. Investment | $1,000,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.61% |
| Dividend Growth | 5.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 13.41 |
| YTD Return | 9.28% |
| 1-Year Return | 8.93% |
| 5-Year Return | 37.14% |
| 52-Week Low | 11.40 |
| 52-Week High | 13.45 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Oct 19, 2004 |
About LABYX
The Lord Abbett Multi-Asset Balanced Opportunity Fund Class I is a mutual fund designed to deliver a balance of current income and long-term capital growth. This fund operates primarily as a fund-of-funds, investing in a blend of affiliated equity and fixed income funds managed by Lord Abbett, as well as select foreign securities. Its investment strategy involves dynamic asset allocation, adjusting exposure to different asset classes and geographic regions in response to market conditions or to capture investment opportunities. The fund typically maintains a moderate allocation, with a target equity exposure between 50% and 70%, appealing to investors seeking diversified access to both stocks and bonds within a single product. Notable characteristics include a focus on monthly income distributions and risk management through strategic diversification. With an inception dating back to 2004 and a significant asset base, this fund plays a key role for institutional and high-net-worth investors aiming to balance growth and income in their portfolios.
Performance
LABYX had a total return of 8.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.32%.
Top 10 Holdings
90.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund | LCRYX | 15.09% |
| Lord Abbett Dividend Growth I | LAMYX | 14.13% |
| Lord Abbett Fundamental Equity I | LAVYX | 12.29% |
| Lord Abbett Income I | LAUYX | 12.11% |
| Lord Abbett Growth Leaders Fund | LGLIX | 11.25% |
| Lord Abbett Affiliated I | LAFYX | 9.05% |
| Lord Abbett High Yield I | LAHYX | 4.64% |
| Lord Abbett International Equity Fund | LICYX | 4.37% |
| Lord Abbett International Value I | LAIDX | 3.83% |
| Lord Abbett Emerging Markets Bond Fund | LDMYX | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0343 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0216 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0267 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0376 | Jun 27, 2025 |
| May 30, 2025 | $0.0229 | May 30, 2025 |
| Apr 30, 2025 | $0.0267 | Apr 30, 2025 |