About LFFLX
Lord Abbett Focused Large Cap Value Fund is a mutual fund dedicated to seeking long-term capital growth by investing primarily in large U.S. companies. The fund employs a focused investment strategy, typically holding a concentrated portfolio of around 28 to 29 stocks, and emphasizes companies deemed undervalued by the market relative to their potential or intrinsic value. Industry representation is broad, with significant allocations to financials, industrials, information technology, and communication services, reflecting positions in prominent firms like JPMorgan Chase, Microsoft, Alphabet, and Boeing.
The fund maintains flexibility to allocate up to 20% of assets to foreign securities, including those from emerging markets, and may also invest a limited portion in debt instruments. As a non-diversified fund, it may concentrate more heavily on individual issuers than typical diversified funds, increasing potential sector or company-specific impact. With an inception date in 2019 and approximately $35 million in net assets, the fund targets investors seeking exposure to large-cap value equities through a high-conviction, actively managed approach. It distributes dividends annually and is managed with a gross expense ratio of approximately 1.49%.
Fund Family Lord Abbett
Category Large Value
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LFFLX
Share Class Class F
Index Russell 1000 Value TR
LFFLX had a total return of 9.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.65%.
