Lord Abbett Small Cap Value I (LRSYX)
| Fund Assets | 380.26M |
| Expense Ratio | 0.96% |
| Min. Investment | $1,000,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 1.73 |
| Dividend Yield | 8.12% |
| Dividend Growth | 3,158.38% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 21.30 |
| YTD Return | 1.57% |
| 1-Year Return | 7.78% |
| 5-Year Return | 77.07% |
| 52-Week Low | 16.30 |
| 52-Week High | 24.79 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | Dec 30, 1997 |
About LRSYX
Lord Abbett Small Cap Value Fund Class I is a mutual fund that primarily seeks long-term capital appreciation by investing in the equity securities of small U.S. companies. The fund targets firms with capitalizations of less than $1 billion at the time of purchase, which are often considered under-researched and may offer unique growth opportunities. Managed through a blend of fundamental and quantitative research, the fund's portfolio typically includes a diversified selection of 61 to 63 holdings across various sectors, with notable representation in financials and industrials as reflected in its largest positions. Class I shares of this fund are designed primarily for institutional investors, requiring a minimum initial investment of $1,000,000, though certain exceptions apply. Established in 1997, the fund has played a role in offering exposure to the small-cap value segment of the U.S. equity market, aiming to capture value in overlooked or undervalued companies. With annual dividend distributions and an expense ratio of 0.96%, the fund is intended for investors seeking diversification and potential growth from smaller, value-oriented businesses within the broader market context.
Performance
LRSYX had a total return of 7.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.00%.
Top 10 Holdings
23.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Silicon Motion Technology Corporation | SIMO | 2.75% |
| Worthington Enterprises, Inc. | WOR | 2.71% |
| Wintrust Financial Corporation | WTFC | 2.41% |
| First BanCorp. | FBP | 2.28% |
| Kemper Corporation | KMPR | 2.27% |
| WSFS Financial Corporation | WSFS | 2.20% |
| MEG Energy Corp. | MEG | 2.17% |
| Prosperity Bancshares, Inc. | PB | 2.17% |
| Northern Oil and Gas, Inc. | NOG | 2.17% |
| Heritage Financial Corporation | HFWA | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $1.7302 | Dec 17, 2024 |
| Dec 19, 2023 | $0.0531 | Dec 19, 2023 |
| Dec 20, 2022 | $0.5091 | Dec 20, 2022 |
| Dec 17, 2021 | $2.7348 | Dec 17, 2021 |
| Dec 18, 2020 | $0.189 | Dec 18, 2020 |
| Dec 18, 2019 | $2.9956 | Dec 18, 2019 |