About LAFPX
Lord Abbett Affiliated Fund Class P is an actively managed mutual fund with a primary focus on long-term growth of capital and income. This fund invests predominantly in dividend-paying equities of large U.S. companies, selecting firms believed to offer both current income and potential for capital appreciation. The portfolio typically consists of around 70 holdings, diversified across major sectors such as financials, consumer staples, energy, healthcare, and industrials. Notable companies represented in its top holdings include Walmart, JPMorgan Chase, Exxon Mobil, and Abbott Laboratories, reflecting its emphasis on established, blue-chip enterprises. With total net assets of approximately $6 billion as of May 2025, the fund is supported by a team of experienced investment professionals. It distributes dividends quarterly and maintains a net expense ratio of 0.89%. While its core is U.S. equities, the fund may allocate a limited portion to foreign securities, enhancing diversification. Lord Abbett Affiliated Fund Class P is designed for investors seeking a blend of income and growth through exposure to large, stable companies within the U.S. equity market.
Fund Family Lord Abbett
Category Large Value
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LAFPX
Share Class Class P
Index Russell 1000 Value TR
LAFPX had a total return of 21.22% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.63%.
