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Lord Abbett Fundamental Equity Fund
mutual fund
LAVVX
Payout Change
Pending
Price as of:
$16.31
+0.15
+0.93%
primary theme
U.S. Large-Cap Value Equity
LAVVX (Mutual Fund)
Lord Abbett Fundamental Equity Fund
Payout Change
Pending
Price as of:
$16.31
+0.15
+0.93%
primary theme
U.S. Large-Cap Value Equity
LAVVX (Mutual Fund)
Lord Abbett Fundamental Equity Fund
Payout Change
Pending
Price as of:
$16.31
+0.15
+0.93%
primary theme
U.S. Large-Cap Value Equity
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
20.2%
1 yr return
33.2%
3 Yr Avg Return
10.2%
5 Yr Avg Return
12.4%
Net Assets
$1.81 B
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
$16.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 73.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
LAVVX - Profile
Distributions
- YTD Total Return 20.2%
- 3 Yr Annualized Total Return 10.2%
- 5 Yr Annualized Total Return 12.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.39%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLord Abbett Fundamental Equity Fund
-
Fund Family NameLord Abbett
-
Inception DateApr 04, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeff Diamond
LAVVX - Performance
Return Ranking - Trailing
| Period | LAVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.2% | -99.4% | 35.8% | 9.37% |
| 1 Yr | 33.2% | -99.3% | 62.0% | 11.48% |
| 3 Yr | 10.2%* | -81.0% | 33.3% | 24.81% |
| 5 Yr | 12.4%* | -62.1% | 46.1% | 32.51% |
| 10 Yr | N/A* | -36.8% | 25.4% | 78.65% |
* Annualized
Return Ranking - Calendar
| Period | LAVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.2% | -16.9% | 46.1% | 16.18% |
| 2022 | -13.9% | -64.7% | 4.6% | 67.94% |
| 2021 | 14.8% | -44.2% | 57.5% | 56.24% |
| 2020 | 1.0% | -23.2% | 285.0% | 37.36% |
| 2019 | 10.7% | -21.4% | 48.5% | 91.09% |
Total Return Ranking - Trailing
| Period | LAVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.2% | -99.4% | 35.8% | 9.37% |
| 1 Yr | 33.2% | -99.3% | 62.0% | 11.48% |
| 3 Yr | 10.2%* | -81.0% | 33.3% | 24.81% |
| 5 Yr | 12.4%* | -62.1% | 46.1% | 32.51% |
| 10 Yr | N/A* | -36.8% | 25.4% | 75.43% |
* Annualized
Total Return Ranking - Calendar
| Period | LAVVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.5% | -15.9% | 46.7% | 30.79% |
| 2022 | -9.1% | -42.0% | 8.5% | 79.40% |
| 2021 | 29.4% | 3.6% | 129.7% | 16.12% |
| 2020 | 3.0% | -22.6% | 304.8% | 48.87% |
| 2019 | 23.1% | -12.7% | 52.1% | 77.33% |
NAV & Total Return History
LAVVX - Holdings
Concentration Analysis
| LAVVX | Category Low | Category High | LAVVX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.81 B | 1.94 M | 163 B | 37.67% |
| Number of Holdings | 58 | 2 | 1733 | 72.14% |
| Net Assets in Top 10 | 527 M | 433 K | 37.8 B | 38.86% |
| Weighting of Top 10 | 25.95% | 4.4% | 99.1% | 61.34% |
Top 10 Holdings
- JPMorgan Chase Co 4.33%
- Alphabet Inc 2.93%
- Shell PLC 2.67%
- Diamondback Energy Inc 2.65%
- Wells Fargo Co 2.39%
- KKR Co Inc 2.32%
- UnitedHealth Group Inc 2.30%
- AbbVie Inc 2.22%
- Charles Schwab Corp/The 2.11%
- RTX Corp 2.04%
Asset Allocation
| Weighting | Return Low | Return High | LAVVX % Rank | |
|---|---|---|---|---|
| Stocks | 99.36% | 7.19% | 103.40% | 28.51% |
| Other | 0.66% | -2.19% | 36.68% | 12.10% |
| Preferred Stocks | 0.00% | 0.00% | 15.27% | 65.17% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 63.08% |
| Cash | 0.00% | 0.00% | 36.15% | 98.72% |
| Bonds | 0.00% | 0.00% | 78.06% | 65.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LAVVX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.27% | 0.00% | 58.05% | 39.13% |
| Healthcare | 15.30% | 0.00% | 30.08% | 71.69% |
| Industrials | 13.16% | 0.00% | 42.76% | 28.03% |
| Technology | 11.61% | 0.00% | 54.02% | 39.69% |
| Energy | 10.58% | 0.00% | 54.00% | 21.37% |
| Consumer Defense | 7.85% | 0.00% | 34.10% | 57.91% |
| Consumer Cyclical | 5.67% | 0.00% | 22.74% | 49.95% |
| Real Estate | 4.73% | 0.00% | 90.54% | 24.42% |
| Communication Services | 4.49% | 0.00% | 26.58% | 69.10% |
| Basic Materials | 3.90% | 0.00% | 21.69% | 36.36% |
| Utilities | 2.45% | 0.00% | 27.04% | 76.87% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LAVVX % Rank | |
|---|---|---|---|---|
| US | 97.97% | 7.19% | 103.40% | 45.83% |
| Non US | 1.39% | 0.00% | 24.72% | 29.15% |
LAVVX - Expenses
Operational Fees
| LAVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.63% | 0.03% | 14.82% | 79.30% |
| Management Fee | 0.55% | 0.00% | 1.50% | 46.32% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.04% | 0.00% | 0.50% | 12.54% |
Sales Fees
| LAVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| LAVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| LAVVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 73.00% | 0.00% | 488.00% | 79.14% |
LAVVX - Distributions
Dividend Yield Analysis
| LAVVX | Category Low | Category High | LAVVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.88% | 0.00% | 16.67% | 88.72% |
Dividend Distribution Analysis
| LAVVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| LAVVX | Category Low | Category High | LAVVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.39% | -1.51% | 4.28% | 47.28% |
Capital Gain Distribution Analysis
| LAVVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 21, 2023 | $0.144 | OrdinaryDividend |
| Nov 22, 2022 | $0.689 | OrdinaryDividend |
| Nov 23, 2021 | $1.757 | OrdinaryDividend |
| Nov 24, 2020 | $0.243 | OrdinaryDividend |
| Nov 21, 2019 | $0.224 | OrdinaryDividend |
| Nov 21, 2019 | $1.092 | CapitalGainLongTerm |
| Nov 20, 2018 | $0.826 | CapitalGainLongTerm |
| Nov 20, 2018 | $0.211 | OrdinaryDividend |
| Nov 20, 2018 | $0.085 | CapitalGainShortTerm |
| Nov 21, 2017 | $0.343 | CapitalGainShortTerm |
| Nov 21, 2017 | $1.087 | CapitalGainLongTerm |
| Nov 21, 2017 | $0.214 | OrdinaryDividend |
| Nov 22, 2016 | $0.467 | CapitalGainLongTerm |
| Nov 22, 2016 | $0.231 | OrdinaryDividend |
| Nov 24, 2015 | $0.210 | OrdinaryDividend |
| Nov 24, 2015 | $1.136 | CapitalGainLongTerm |
LAVVX - Fund Manager Analysis
Managers
Jeff Diamond
Start Date
Tenure
Tenure Rank
Sep 05, 2018
3.74
3.7%
Mr. Diamond, portfolio manager, joined Lord Abbett in 2007 as a research analyst for the mid cap value equity strategy. His prior experience includes: Managing Director at Axia Capital Management, LLC; Senior Vice President, Portfolio Manager at Franklin Mutual Advisers; Vice President, Assistant Portfolio Manager at Prudential Mutual Funds; and Vice President, Financial Restructuring, at Prudential Capital Group. Mr. Diamond received a BS from Cornell University and an MBA from Columbia University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.
John Hardy
Start Date
Tenure
Tenure Rank
Sep 14, 2020
1.71
1.7%
John C. Hardy, Portfolio Manager. Mr. Hardy joined Lord Abbett in 2011 and is responsible for contributing to the management for Lord Abbett’s smid-, small-and micro-cap value equity strategies.
Darnell Azeez
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Darnell Azeez leads Lord Abbett’s Value Equity team and contributes to the management of the firm’s Dividend strategies. Mr. Azeez re-joined Lord Abbett in 2015. Prior to his current role, he served as a Portfolio Manager on the firm’s taxable fixed income team. His previous experience includes serving as a Equity Research Analyst at TAMRO Capital Partners; Equity Research Analyst, Director of Public Fund Marketing and Advisor Consultant at Lord Abbett. He has worked in the financial services industry since 2002. He has worked in the financial services industry since 2002. He earned a BA in economics and business from Lafayette College and is a holder of the Chartered Financial Analyst® (CFA) designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.09 | 0.25 |
