Lord Abbett Fundamental Equity R5 (LAVTX)

Fund Assets	2.10B
Expense Ratio	0.70%
Min. Investment	$0.00
Turnover	39.00%
Dividend (ttm)	1.10
Dividend Yield	6.21%
Dividend Growth	668.19%
Payout Frequency	Annual
Ex-Dividend Date	Nov 26, 2024

Previous Close	17.55
YTD Return	16.12%
1-Year Return	10.18%
5-Year Return	93.38%
52-Week Low	13.56
52-Week High	17.72
Beta (5Y)	n/a
Holdings	55
Inception Date	Jun 30, 2015

About LAVTX

The Lord Abbett Fundamental Equity Fund Class R5 is a mutual fund designed to pursue long-term growth of capital and income while aiming to limit excessive market value fluctuations. Managed by Lord Abbett, the fund invests in a diversified portfolio of equity securities, typically concentrating on large and well-established companies across a range of sectors. With a strategy rooted in fundamental research, the fund seeks value-oriented opportunities, targeting companies that management believes are undervalued relative to their long-term potential. As of late 2024, the fund holds approximately 58 positions, reflecting a blend of diversification and focused conviction. Class R5 shares are distinguished by a competitively low expense ratio, providing cost efficiency for institutional and retirement plan investors. The fund has over $2 billion in net assets, highlighting its significant footprint within the multi-cap value category. Dividends are distributed annually, and the fund’s disciplined selection process and risk-conscious approach contribute to its role as a core holding for investors seeking balanced exposure to the U.S. equity market while prioritizing income and capital preservation over market cycles.

• Fund Family: Lord Abbett
• Category: Large Value
• Stock Exchange: NASDAQ
• Ticker Symbol: LAVTX
• Share Class: Class R5
• Index: Russell 1000 Value TR

Performance

LAVTX had a total return of 10.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.44%.

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 Fund	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 Fund	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%
LAVYX	Class I	0.70%
LAVFX	Class F	0.80%

Top 10 Holdings

28.76% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	4.24%
Alphabet, Inc.	GOOGL	4.13%
Microsoft Corporation	MSFT	3.34%
RTX Corporation	RTX	2.90%
Wells Fargo & Company	WFC	2.71%
AbbVie Inc.	ABBV	2.37%
Allegion plc	ALLE	2.35%
The Boeing Company	BA	2.31%
Taiwan Semiconductor Manufacturing Company Limited	TSM	2.25%
Shell plc	SHEL	2.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Nov 26, 2024	$1.0962	Nov 26, 2024
Nov 21, 2023	$0.1427	Nov 21, 2023
Nov 22, 2022	$0.6869	Nov 22, 2022
Nov 23, 2021	$1.7542	Nov 23, 2021
Nov 24, 2020	$0.2413	Nov 24, 2020
Nov 21, 2019	$1.3138	Nov 21, 2019