Lord Abbett Multi-Asset Balanced Opportunity Fund Class I (LABYX)
| Fund Assets | 2.04B |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000,000 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.52% |
| Dividend Growth | 2.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 13.90 |
| YTD Return | 2.75% |
| 1-Year Return | 20.29% |
| 5-Year Return | 25.91% |
| 52-Week Low | 11.65 |
| 52-Week High | 13.97 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| 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 20.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.47%.
Top 10 Holdings
93.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund Class I | LCRYX | 21.41% |
| Lord Abbett Dividend Growth Fund Class I | LAMYX | 14.50% |
| Lord Abbett Fundamental Equity Fund Class I | LAVYX | 12.92% |
| Lord Abbett Growth Leaders Fund Class I | LGLIX | 10.08% |
| Lord Abbett Affiliated Fund Class I | LAFYX | 9.54% |
| Lord Abbett High Yield Fund Class I | LAHYX | 5.96% |
| Lord Abbett Core Plus Bond Fund Class I | LAPIX | 5.46% |
| Lord Abbett International Equity Fund Class I | LICYX | 4.96% |
| Lord Abbett International Value Fund Class I | LAIDX | 4.47% |
| Lord Abbett Short Duration High Yield I | LSYIX | 3.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.039 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0225 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0179 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0604 | Dec 31, 2025 |
| Nov 25, 2025 | $0.017 | Nov 25, 2025 |
| Oct 31, 2025 | $0.0235 | Oct 31, 2025 |