Ladenburg Aggressive Growth Fund Class A (LAWAX)
| Fund Assets | 58.19M |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 15.87% |
| Dividend (ttm) | 1.50 |
| Dividend Yield | 7.30% |
| Dividend Growth | 232.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 19.98 |
| YTD Return | 5.23% |
| 1-Year Return | 1.74% |
| 5-Year Return | 49.30% |
| 52-Week Low | 16.21 |
| 52-Week High | 21.48 |
| Beta (5Y) | 0.93 |
| Holdings | 11 |
| Inception Date | Aug 24, 2015 |
About LAWAX
Ladenburg Aggressive Growth Fund Class A is a mutual fund designed to pursue long-term capital appreciation by employing an aggressive investment strategy. Its primary objective is to maximize capital growth by allocating assets across a diversified mix of underlying funds, including equity, fixed income, and alternative strategy exchange-traded funds (ETFs), exchange-traded notes (ETNs), as well as mutual funds. The fund's tactical portfolio management allows for dynamic shifts both within and among asset classes, adapting exposures in response to changing market conditions. Ladenburg Aggressive Growth Fund Class A typically emphasizes U.S. and foreign equities alongside other asset types, seeking to capture opportunities in growth-oriented sectors and markets. Managed by Ladenburg Thalmann Asset Management, the fund is part of a broader family of asset allocation vehicles catering to various risk preferences, with this offering positioned at the higher end of the risk-return spectrum. Its globally diversified approach and active reallocation strategy contribute to its distinct role as an aggressive growth vehicle within diversified investment portfolios.
Performance
LAWAX had a total return of 1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.23%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.56% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% Fund | 0.64% |
Top 10 Holdings
100.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Schwab U.S. Large-Cap Value ETF | SCHV | 26.74% |
| Schwab U.S. Large-Cap Growth ETF | SCHG | 23.74% |
| WisdomTree US Value Fund of Benef Interest | WTV | 10.33% |
| iShares Russell Mid-Cap Growth ETF | IWP | 8.82% |
| JPMorgan Hedged Equity Laddered Overlay ETF | HELO | 7.87% |
| Avantis U.S. Small Cap Value ETF | AVUV | 7.38% |
| Invesco S&P SmallCap Momentum ETF | XSMO | 6.81% |
| First American Government Obligations Fund | FGXXX | 4.48% |
| Vanguard Intermediate-Term Bond ETF | BIV | 1.96% |
| Invesco Total Return Bond ETF | GTO | 1.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.4991 | Dec 30, 2024 |
| Dec 22, 2023 | $0.4505 | Dec 26, 2023 |
| Dec 23, 2022 | $0.0512 | Dec 27, 2022 |
| Dec 27, 2021 | $0.1737 | Dec 28, 2021 |
| Dec 28, 2020 | $0.226 | Dec 28, 2020 |
| Dec 24, 2019 | $0.404 | Dec 24, 2019 |