Lord Abbett Fundamental Equity I (LAVYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
16.67
-0.06 (-0.36%)
Aug 29, 2025, 4:00 PM EDT
-0.36%
Fund Assets2.01B
Expense Ratio0.70%
Min. Investment$1,000,000
Turnover39.00%
Dividend (ttm)1.10
Dividend Yield6.55%
Dividend Growth669.19%
Payout FrequencyAnnual
Ex-Dividend DateNov 26, 2024
Previous Close16.73
YTD Return9.74%
1-Year Return11.54%
5-Year Return92.38%
52-Week Low13.55
52-Week High17.05
Beta (5Y)0.84
Holdings54
Inception DateMar 31, 2003

About LAVYX

The Lord Abbett Fundamental Equity Fund Class I is a diversified mutual fund focused on achieving long-term growth of capital and income while managing fluctuations in market value. This fund primarily invests in established U.S. companies across multiple sectors, emphasizing sound fundamental analysis to select equities with strong growth and income potential. With a portfolio of approximately 55–58 holdings and total net assets exceeding $1.9 billion as of May 2025, the fund is designed for institutional investors and high-net-worth individuals, given its minimum initial investment of $1,000,000 unless otherwise waived for certain intermediaries or retirement plans. The fund operates with a competitive net expense ratio of 0.70% and distributes dividends annually. Its strategy combines both value and income characteristics, making it part of the large value category, and it benchmarks its performance against the Russell 1000 Value Index. The fund’s investment approach includes exposure to a range of industries, including companies within the energy, financial, and utility sectors, reflecting its multi-cap, value-oriented style. Since its inception in 2003, it has aimed to deliver consistent risk-adjusted returns for investors seeking growth with a value tilt.

Fund Family Lord Abbett
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol LAVYX
Share Class Class I
Index Russell 1000 Value TR

Performance

LAVYX had a total return of 11.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.11%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
VRVIXVanguardVanguard Russell 1000 Value Index Fund Institutional Shares0.07%

Other Share Classes

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

SymbolShare ClassExpense Ratio
LAVVXClass R60.63%
LDFOXClass F30.63%
LAVTXClass R50.70%
LAVFXClass F0.80%

Top 10 Holdings

28.13% of assets
NameSymbolWeight
JPMorgan Chase & Co.JPM4.33%
Microsoft CorporationMSFT3.44%
Alphabet Inc.GOOGL3.21%
Wells Fargo & CompanyWFC2.78%
RTX CorporationRTX2.71%
The Charles Schwab CorporationSCHW2.59%
The Boeing CompanyBA2.40%
Shell plcSHEL2.27%
Taiwan Semiconductor Manufacturing Company LimitedTSM2.22%
Jabil Inc.JBL2.19%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Nov 26, 2024$1.0961Nov 26, 2024
Nov 21, 2023$0.1425Nov 21, 2023
Nov 22, 2022$0.6877Nov 22, 2022
Nov 23, 2021$1.7543Nov 23, 2021
Nov 24, 2020$0.2412Nov 24, 2020
Nov 21, 2019$1.3141Nov 21, 2019
Full Dividend History