Lord Abbett Multi-Asset Balanced Opp I (LABYX)
| Fund Assets | 2.04B |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.47% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 14.17 |
| YTD Return | 6.07% |
| 1-Year Return | 13.51% |
| 5-Year Return | 27.35% |
| 52-Week Low | 12.76 |
| 52-Week High | 14.25 |
| Beta (5Y) | 0.76 |
| Holdings | 13 |
| 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 13.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.56%.
Top 10 Holdings
93.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund | LCRYX | 15.13% |
| Lord Abbett Dividend Growth I | LAMYX | 13.63% |
| Lord Abbett Fundamental Equity I | LAVYX | 12.98% |
| Lord Abbett Growth Leaders Fund | LGLIX | 11.87% |
| Lord Abbett Core Plus Bond I | LAPIX | 11.10% |
| Lord Abbett Affiliated I | LAFYX | 9.61% |
| Lord Abbett High Yield I | LAHYX | 5.85% |
| Lord Abbett International Equity Fund | LICYX | 4.94% |
| Lord Abbett International Value I | LAIDX | 4.30% |
| Lord Abbett Short Duration High Yield I | LSYIX | 3.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0388 | Jun 30, 2026 |
| May 29, 2026 | $0.023 | May 29, 2026 |
| Apr 30, 2026 | $0.0251 | Apr 30, 2026 |
| Mar 31, 2026 | $0.039 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0225 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0179 | Jan 30, 2026 |