Lord Abbett Fundamental Equity P (LAVPX)
| Fund Assets | 2.18B |
| Expense Ratio | 1.13% |
| Min. Investment | $0.00 |
| Turnover | 42.00% |
| Dividend (ttm) | 1.26 |
| Dividend Yield | 7.42% |
| Dividend Growth | 23.16% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 2, 2025 |
| Previous Close | 17.02 |
| YTD Return | 6.31% |
| 1-Year Return | 17.71% |
| 5-Year Return | 69.36% |
| 52-Week Low | 15.34 |
| 52-Week High | 17.02 |
| Beta (5Y) | 1.06 |
| Holdings | 56 |
| Inception Date | Aug 15, 2001 |
About LAVPX
The Lord Abbett Fundamental Equity Fund Class P is an actively managed mutual fund focused on achieving long-term growth of capital and income. The fund primarily invests in equity securities of U.S. and multinational companies across all market capitalizations, with an emphasis on large, established firms that are considered undervalued by the market. By utilizing a value-oriented investment strategy, the fund’s management team seeks companies trading at reasonable prices relative to their perceived intrinsic value. At least 80% of the fund’s assets are typically allocated to equities, with over half invested in large-cap stocks within the Russell 1000 Index range. The portfolio maintains broad diversification across major sectors, including financials, health care, information technology, and industrials. Top holdings as of April 2025 include JPMorgan Chase, Alphabet, Charles Schwab, and Microsoft. The fund is designed to offer investors exposure to a multi-cap value portfolio, balancing potential for capital appreciation with efforts to limit excessive fluctuations in market value, making it a notable option within the large-value mutual fund category.
Performance
LAVPX had a total return of 17.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRVIX | Vanguard | Vanguard Russell 1000 Value Index Fund Institutional Shares | 0.06% |
Top 10 Holdings
28.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 5.54% |
| JPMorgan Chase & Co. | JPM | 3.69% |
| Keysight Technologies, Inc. | KEYS | 2.73% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.44% |
| Shell plc | SHEL | 2.40% |
| United Therapeutics Corporation | UTHR | 2.39% |
| Microsoft Corporation | MSFT | 2.38% |
| Wells Fargo & Company | WFC | 2.33% |
| The Boeing Company | BA | 2.27% |
| Steel Dynamics, Inc. | STLD | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 2, 2025 | $1.2619 | Dec 2, 2025 |
| Nov 26, 2024 | $1.0246 | Nov 26, 2024 |
| Nov 21, 2023 | $0.0837 | Nov 21, 2023 |
| Nov 22, 2022 | $0.6294 | Nov 22, 2022 |
| Nov 23, 2021 | $1.6892 | Nov 23, 2021 |
| Nov 24, 2020 | $0.1922 | Nov 24, 2020 |