LAVTX: Lord Abbett Fundamental Equity R5

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LAVTX Lord Abbett Fundamental Equity R5


Profile

LAVTX - Profile

Vitals

  • YTD Return -9.6%
  • 3 Yr Annualized Return -7.7%
  • 5 Yr Annualized Return -2.8%
  • Net Assets $1.78 B
  • Holdings in Top 10 22.3%

52 WEEK LOW AND HIGH

$10.88
$7.48
$13.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.74%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 88.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -9.6%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lord Abbett Fundamental Equity Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jun 30, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeff Diamond

Fund Description

The fund invests in equity securities of U.S. and multinational companies across all market capitalization ranges that the portfolio management team believes are undervalued by the market and are selling at reasonable prices in relation to the portfolio management team's assessment of their potential or intrinsic value. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.


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Categories

Performance

LAVTX - Performance

Return Ranking - Trailing

Period LAVTX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -46.3% 252.6% 37.87%
1 Yr -13.7% -46.7% 238.2% 75.90%
3 Yr -7.7%* -23.4% 46.6% 75.20%
5 Yr -2.8%* -20.6% 29.8% 77.42%
10 Yr N/A* -14.4% 17.6% N/A

* Annualized

Return Ranking - Calendar

Period LAVTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.5% -32.1% 48.5% 89.62%
2018 -16.3% -62.4% 16.7% 47.86%
2017 0.2% -16.4% 24.6% 90.95%
2016 10.0% -27.9% 31.0% 49.18%
2015 N/A -43.1% 1.3% N/A

Total Return Ranking - Trailing

Period LAVTX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -46.3% 252.6% 37.87%
1 Yr -13.7% -46.7% 238.2% 75.90%
3 Yr -0.8%* -22.7% 57.4% 51.28%
5 Yr 4.8%* -14.3% 38.3% 40.60%
10 Yr N/A* -5.5% 17.6% N/A

* Annualized

Total Return Ranking - Calendar

Period LAVTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.5% -32.1% 48.5% 89.90%
2018 -8.3% -37.1% 17.4% 24.76%
2017 13.3% -9.5% 28.4% 64.41%
2016 16.1% -27.9% 32.2% 21.80%
2015 N/A -28.9% 3.9% N/A

NAV & Total Return History


Holdings

LAVTX - Holdings

Concentration Analysis

LAVTX Category Low Category High LAVTX % Rank
Net Assets 1.78 B 400 K 84.1 B 24.73%
Number of Holdings 73 1 1110 57.85%
Net Assets in Top 10 383 M 68.9 K 19.2 B 34.03%
Weighting of Top 10 22.34% 6.8% 186.4% 79.46%

Top 10 Holdings

  1. JPMorgan Chase & Co 3.05%
  2. Verizon Communications Inc 2.48%
  3. Honeywell International Inc 2.29%
  4. Medtronic PLC 2.27%
  5. Alphabet Inc A 2.25%
  6. Citigroup Inc 2.07%
  7. Colgate-Palmolive Co 2.07%
  8. Apple Inc 1.98%
  9. Bristol-Myers Squibb Company 1.96%
  10. CVS Health Corp 1.92%

Asset Allocation

Weighting Return Low Return High LAVTX % Rank
Stocks
100.00% 81.83% 145.03% 5.11%
Preferred Stocks
0.00% 0.00% 15.00% 16.88%
Other
0.00% -1.57% 90.90% 14.14%
Convertible Bonds
0.00% 0.00% 6.27% 12.04%
Cash
0.00% -129.21% 18.17% 88.69%
Bonds
0.00% 0.00% 60.26% 15.51%

Stock Sector Breakdown

Weighting Return Low Return High LAVTX % Rank
Financial Services
20.80% 0.00% 60.93% 36.31%
Healthcare
13.82% 0.00% 37.21% 76.01%
Industrials
12.45% 0.00% 45.45% 40.53%
Communication Services
9.20% 0.00% 21.24% 26.01%
Technology
8.95% 0.00% 32.15% 81.43%
Consumer Defense
8.54% 0.00% 31.06% 50.83%
Consumer Cyclical
7.04% 0.00% 30.92% 40.81%
Utilities
6.38% 0.00% 47.14% 29.69%
Energy
5.19% 0.00% 93.48% 42.92%
Basic Materials
4.34% 0.00% 18.84% 29.23%
Real Estate
3.27% 0.00% 12.92% 43.38%

Stock Geographic Breakdown

Weighting Return Low Return High LAVTX % Rank
US
94.02% 80.02% 143.73% 51.46%
Non US
5.98% 0.00% 18.17% 35.86%

Expenses

LAVTX - Expenses

Operational Fees

LAVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.00% 19.26% 75.05%
Management Fee 0.54% 0.00% 1.50% 36.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.50% 4.59%

Sales Fees

LAVTX 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 1.00% 5.50% N/A

Trading Fees

LAVTX 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.

LAVTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 88.00% 0.00% 462.00% 78.73%

Distributions

LAVTX - Distributions

Dividend Yield Analysis

LAVTX Category Low Category High LAVTX % Rank
Dividend Yield 0.00% 0.00% 8.61% 12.23%

Dividend Distribution Analysis

LAVTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

LAVTX Category Low Category High LAVTX % Rank
Net Income Ratio 1.80% -0.69% 5.26% 48.24%

Capital Gain Distribution Analysis

LAVTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LAVTX - Fund Manager Analysis

Managers

Jeff Diamond


Start Date

Tenure

Tenure Rank

Sep 05, 2018

1.99

2.0%

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.

Eli Rabinowich


Start Date

Tenure

Tenure Rank

Sep 05, 2018

1.99

2.0%

Mr. Rabinowich joined Lord Abbett in 2018 as a portfolio manager. Mr. Rabinowich was formerly a Portfolio Manager, Partner, and Analyst at Pzena Investment Management from 2004-2018. Prior to joining Pzena in 2004, Mr. Rabinowich was an Equity Research Associate with the Semiconductor group at Investec. Prior to Investec, he founded Mabool, a technology company which provided auction services. He began his career as a Senior Consultant in the Life Sciences and Energy Group at Booz Allen Hamilton. He earned a B.S. summa cum laude from the Sy Syms School of Business at Yeshiva University and an MBA from Columbia Business School. At Columbia Mr. Rabinowich was a member of the Phi Beta Kappa national honor society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 84.84 7.34 4.96