Lord Abbett Fundamental Equity Fund Class F3 (LDFOX)
| Fund Assets | 1.97B |
| Expense Ratio | 0.63% |
| Min. Investment | $1,000,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 6.63% |
| Dividend Growth | 661.25% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 16.44 |
| YTD Return | 6.19% |
| 1-Year Return | 10.37% |
| 5-Year Return | 99.39% |
| 52-Week Low | 13.70 |
| 52-Week High | 17.22 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | n/a |
About LDFOX
The Lord Abbett Fundamental Equity Fund Class F3 is a diversified mutual fund focused on investing in equity securities of U.S. and multinational companies across all market capitalizations. With a primary objective of long-term growth of capital and income, the fund seeks stocks that the portfolio management team believes are undervalued in relation to their intrinsic value. It generally maintains at least 80% of assets in equities, with a significant allocation to large-cap companies, while also investing in mid- and small-cap stocks to capture broader market opportunities. The fund is managed by an experienced investment team and typically holds around 55–58 positions, featuring notable names such as JPMorgan Chase, Alphabet Inc., Microsoft, and Wells Fargo. Its sector exposure is diverse, spanning financials, technology, communication services, health care, and more. With approximately $1.9 billion in net assets and an annual net expense ratio of 0.63%, the fund offers cost efficiency compared to many peers. Lord Abbett Fundamental Equity Fund Class F3 plays a significant role for investors seeking broad equity exposure and a value-oriented approach within the mutual fund universe.
Performance
LDFOX had a total return of 10.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.87%.
Top 10 Holdings
26.07% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 4.21% |
| Alphabet Inc. | GOOGL | 3.04% |
| The Charles Schwab Corporation | SCHW | 2.69% |
| Microsoft Corporation | MSFT | 2.48% |
| RTX Corporation | RTX | 2.46% |
| Wells Fargo & Company | WFC | 2.31% |
| AbbVie Inc. | ABBV | 2.25% |
| McKesson Corporation | MCK | 2.22% |
| Arthur J. Gallagher & Co. | AJG | 2.22% |
| The Boeing Company | BA | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2024 | $1.0962 | Nov 26, 2024 |
| Nov 21, 2023 | $0.144 | 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 |