About LIDAX
Lord Abbett International Value Fund Class A is an actively managed mutual fund that seeks to achieve a high level of total return by investing in a diversified portfolio of equity securities issued by companies outside the United States. The fund focuses on identifying foreign companies that the investment team believes are undervalued based on intrinsic worth or business prospects, employing a value-oriented investment approach. Holdings typically span a range of sectors including energy, healthcare, financial services, consumer cyclical, and basic materials, with notable positions in multinational firms such as Shell, Novartis, Toyota, and HSBC. The fund generally holds around 70 securities and targets dividend-paying stocks, distributing income to shareholders on a quarterly basis. With a minimum initial investment of $1,500 and a net expense ratio around 1%, this fund offers investors access to international value opportunities, aiming to capitalize on inefficiencies in global equity markets while providing regular income and diversification benefits.
Fund Family Lord Abbett
Category Foreign Large Value
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LIDAX
Share Class Class A
Index MSCI EAFE Value NR USD
LIDAX had a total return of 39.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.78%.
