Lord Abbett Fundamental Equity R6 (LAVVX)
| Fund Assets | 2.05B |
| Expense Ratio | 0.63% |
| Min. Investment | $1,000,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 6.43% |
| Dividend Growth | 661.78% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Nov 26, 2024 |
| Previous Close | 17.06 |
| YTD Return | 10.74% |
| 1-Year Return | 14.74% |
| 5-Year Return | 99.62% |
| 52-Week Low | 13.71 |
| 52-Week High | 17.23 |
| Beta (5Y) | n/a |
| Holdings | 54 |
| Inception Date | Jun 30, 2015 |
About LAVVX
The Lord Abbett Fundamental Equity Fund Class R6 is an actively managed mutual fund focused on achieving long-term growth of capital and income, while aiming to minimize excessive fluctuations in market value. The fund invests primarily in U.S. equities, selecting companies across a broad range of sectors including financials, industrials, information technology, energy, and healthcare. Its portfolio is diversified, typically holding around 55–58 stocks as of the latest reporting period, which helps manage risk and capture opportunities across the market cycle. Top holdings often include large, established firms such as JPMorgan Chase & Co., Alphabet Inc., and Microsoft Corp. The fund features an annual dividend distribution and is characterized by a competitive net expense ratio of 0.63%. With a stated investment objective of steady growth and income, this fund serves investors seeking exposure to fundamentally strong U.S. companies within a professionally managed structure, emphasizing both capital appreciation and income generation over time.
Performance
LAVVX had a total return of 14.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.80%.
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 | 0.07% |
Top 10 Holdings
28.13% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 4.33% |
| Microsoft Corporation | MSFT | 3.44% |
| Alphabet Inc. | GOOGL | 3.21% |
| Wells Fargo & Company | WFC | 2.78% |
| RTX Corporation | RTX | 2.71% |
| The Charles Schwab Corporation | SCHW | 2.59% |
| The Boeing Company | BA | 2.40% |
| Shell plc | SHEL | 2.27% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.22% |
| Jabil Inc. | JBL | 2.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2024 | $1.0962 | Nov 26, 2024 |
| Nov 21, 2023 | $0.1439 | Nov 21, 2023 |
| Nov 22, 2022 | $0.6892 | Nov 22, 2022 |
| Nov 23, 2021 | $1.757 | Nov 23, 2021 |
| Nov 24, 2020 | $0.2429 | Nov 24, 2020 |
| Nov 21, 2019 | $1.3159 | Nov 21, 2019 |