Lord Abbett Fundamental Equity R2 (LAVQX)

Fund Assets	2.10B
Expense Ratio	1.30%
Min. Investment	$0.00
Turnover	39.00%
Dividend (ttm)	1.01
Dividend Yield	6.12%
Dividend Growth	1,415.62%
Payout Frequency	Annual
Ex-Dividend Date	Nov 26, 2024

Previous Close	16.47
YTD Return	13.07%
1-Year Return	12.84%
5-Year Return	107.67%
52-Week Low	13.01
52-Week High	16.61
Beta (5Y)	n/a
Holdings	55
Inception Date	Sep 28, 2007

About LAVQX

The Lord Abbett Fundamental Equity Fund Class R2 is a diversified mutual fund focused on delivering long-term growth of capital and income. Its primary function is to invest in a broad portfolio of equity securities issued by U.S. and multinational companies across all market capitalizations, with a particular emphasis on identifying firms that are undervalued relative to their potential or intrinsic value. Under normal conditions, the fund allocates at least 80% of its net assets to equities and maintains a significant portion—typically at least 50%—in large-cap companies within the market capitalization range of the Russell 1000 Index. The fund holds a concentrated portfolio, featuring around 55 holdings, and its sector exposure spans areas like financials, information technology, industrials, and energy. With notable holdings such as JPMorgan Chase, Alphabet, and Microsoft, the fund plays a significant role in providing investors access to established industry leaders as well as select opportunities among smaller and mid-sized firms. Managed by Lord Abbett, the fund aims to combine fundamental analysis with disciplined portfolio construction to navigate various market conditions and capitalize on value-driven investment opportunities.

• Fund Family: Lord Abbett
• Category: Large Value
• Stock Exchange: NASDAQ
• Ticker Symbol: LAVQX
• Share Class: Class R2
• Index: Russell 1000 Value TR

Performance

LAVQX had a total return of 12.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.37%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FVLCX	Fidelity	Fidelity Advisor Value Leaders C	1.90%
FSLVX	Fidelity	Fidelity Stk Selec Lg Cp Val	0.83%
SWLVX	Schwab	Schwab US Large-Cap Value Index	0.03%
FVLIX	Fidelity	Fidelity Advisor Value Leaders I	0.90%
FSCZX	Fidelity	Fidelity Advisor Stk Selec Lg Cp Val Z	0.72%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LAVVX	Class R6	0.63%
LDFOX	Class F3	0.63%
LAVTX	Class R5	0.70%
LAVYX	Class I	0.70%

Top 10 Holdings

28.50% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	4.18%
Alphabet Inc.	GOOGL	3.74%
Microsoft Corporation	MSFT	3.38%
Rtx Corp	n/a	2.84%
Wells Fargo & Company	WFC	2.75%
The Boeing Company	BA	2.59%
Allegion plc	ALLE	2.32%
Shell plc	SHEL	2.29%
AbbVie Inc.	ABBV	2.23%
Taiwan Semiconductor Manufacturing Company Limited	TSM	2.18%

Dividend History

Ex-Dividend	Amount	Pay Date
Nov 26, 2024	$1.0094	Nov 26, 2024
Nov 21, 2023	$0.0666	Nov 21, 2023
Nov 22, 2022	$0.6112	Nov 22, 2022
Nov 23, 2021	$1.6629	Nov 23, 2021
Nov 24, 2020	$0.1755	Nov 24, 2020
Nov 21, 2019	$1.233	Nov 21, 2019