Lord Abbett Fundamental Equity Fund Class A (LDFVX)
| Fund Assets | 1.91B |
| Expense Ratio | 0.95% |
| Min. Investment | $1,500 |
| Turnover | 39.00% |
| Dividend (ttm) | 1.06 |
| Dividend Yield | 6.29% |
| Dividend Growth | 857.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 15.99 |
| YTD Return | 4.71% |
| 1-Year Return | 11.17% |
| 5-Year Return | 94.46% |
| 52-Week Low | 13.43 |
| 52-Week High | 16.88 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | Jul 15, 1996 |
About LDFVX
Lord Abbett Fundamental Equity Fund Class A is an actively managed mutual fund dedicated to achieving long-term growth of capital and income while aiming to minimize excessive fluctuations in market value. The fund primarily invests in equity securities of large-cap U.S. companies but also allocates portions of its portfolio to mid- and small-cap stocks, providing broad market capitalization exposure. Its investment strategy emphasizes identifying companies that are considered undervalued by the market and are selling at reasonable prices, employing a value-oriented approach across sectors such as financial services, energy, technology, and communication services. With an inception date of July 15, 1996, the fund manages approximately $1.91 billion in assets and holds around 55 to 58 positions, reflecting a focused yet diversified allocation. The fund is designed for investors seeking annual dividend income and capital appreciation, with a minimum initial investment of $1,500 for Class A shares. Its portfolio construction and disciplined selection process position it as a significant participant in the large value category of mutual funds, serving long-term investors who seek a blend of growth potential and income with controlled volatility.
Performance
LDFVX had a total return of 11.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.70%.
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 - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
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 | $1.057 | Nov 26, 2024 |
| Nov 21, 2023 | $0.1104 | Nov 21, 2023 |
| Nov 22, 2022 | $0.6541 | Nov 22, 2022 |
| Nov 23, 2021 | $1.7182 | Nov 23, 2021 |
| Nov 24, 2020 | $0.213 | Nov 24, 2020 |
| Nov 21, 2019 | $1.2816 | Nov 21, 2019 |