Lord Abbett Multi-Asset Balanced Opportunity Fund Class F3 (LOBFX)
| Fund Assets | 1.92B |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.70% |
| Dividend Growth | 15.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 12.94 |
| YTD Return | 6.26% |
| 1-Year Return | 12.40% |
| 5-Year Return | 49.76% |
| 52-Week Low | 11.48 |
| 52-Week High | 12.95 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | n/a |
About LOBFX
The Lord Abbett Multi-Asset Balanced Opportunity Fund Class F3 is a tactically managed mutual fund designed to achieve long-term capital growth paired with monthly income. Structured as a fund-of-funds, it primarily invests in a diversified mix of underlying Lord Abbett mutual funds, enabling exposure across a broad array of asset classes. The portfolio includes U.S. and international equities spanning all market capitalizations and styles, as well as a variety of fixed income instruments such as investment-grade and high-yield bonds, emerging market debt, and private credit. This multi-asset blend allows the fund to dynamically adjust its allocations in response to changing market conditions or to capture investment opportunities. Equity exposures encompass both growth and value strategies, including positions in real estate investment trusts and other equity-like vehicles. The fund’s monthly dividend distribution and tactical allocation approach make it suitable for investors seeking a balance of income and capital appreciation, while its broad diversification aims to mitigate risk across market cycles. As of May 2025, the fund managed over $1.9 billion in assets, reflecting its role as a substantial diversified solution within the moderate allocation category.
Performance
LOBFX had a total return of 12.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.08%.
Top 10 Holdings
91.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Lord Abbett Core Fixed Income Fund | n/a | 15.18% |
| Lord Abbett Dividend Growth Fund | n/a | 14.18% |
| Lord Abbett Fundamental Equity Fund | n/a | 12.62% |
| Lord Abbett Growth Leaders Fund | n/a | 10.28% |
| Lord Abbett Income Fund | n/a | 9.75% |
| Lord Abbett Affiliated Fund Inc | n/a | 9.27% |
| Lord Abbett Short Duration Income Fund | n/a | 6.14% |
| Lord Abbett High Yield Fund | n/a | 4.97% |
| Lord Abbett Value Opportunities Fund | n/a | 4.70% |
| Lord Abbett International Equity Fund | n/a | 4.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0376 | Jun 27, 2025 |
| May 30, 2025 | $0.0229 | May 30, 2025 |
| Apr 30, 2025 | $0.0267 | Apr 30, 2025 |
| Mar 28, 2025 | $0.030 | Mar 28, 2025 |
| Feb 28, 2025 | $0.023 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0158 | Jan 31, 2025 |