LOFLX: Lord Abbett Focused Large Cap Value F3

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LOFLX Lord Abbett Focused Large Cap Value F3


Profile

LOFLX - Profile

Vitals

  • YTD Return -1.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $41.3 M
  • Holdings in Top 10 35.3%

52 WEEK LOW AND HIGH

$15.50
$13.91
$15.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.21%

SALES FEES

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

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -1.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.83%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lord Abbett Focused Large Cap Value Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jul 31, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eli Rabinowich

Fund Description

To pursue its objective, under normal conditions, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large companies. It’s portfolio management team will utilize a focused investment strategy and will typically invest in a small number of issuers. The fund may invest up to 10% of its net assets in foreign companies, including emerging market companies and American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”), and other similar depositary receipts. It is non-diversified.


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Categories

Performance

LOFLX - Performance

Return Ranking - Trailing

Period LOFLX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -3.5% 7.8% 92.01%
1 Yr N/A -38.4% 24.0% N/A
3 Yr N/A* -20.2% 18.0% N/A
5 Yr N/A* -19.8% 13.6% N/A
10 Yr N/A* -12.7% 17.6% N/A

* Annualized

Return Ranking - Calendar

Period LOFLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -32.1% 48.5% N/A
2018 N/A -62.4% 16.7% N/A
2017 N/A -16.5% 22.0% N/A
2016 N/A -27.9% 31.0% N/A
2015 N/A -43.1% 1.3% N/A

Total Return Ranking - Trailing

Period LOFLX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -3.5% 7.8% 92.01%
1 Yr N/A -38.4% 24.0% N/A
3 Yr N/A* -18.2% 18.0% N/A
5 Yr N/A* -12.7% 13.6% N/A
10 Yr N/A* -4.6% 17.6% N/A

* Annualized

Total Return Ranking - Calendar

Period LOFLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -32.1% 48.5% N/A
2018 N/A -37.1% 17.4% N/A
2017 N/A -16.5% 25.7% N/A
2016 N/A -27.9% 32.2% N/A
2015 N/A -28.9% 3.9% N/A

NAV & Total Return History


Holdings

LOFLX - Holdings

Concentration Analysis

LOFLX Category Low Category High LOFLX % Rank
Net Assets 41.3 M 1.12 M 89 B 89.79%
Number of Holdings 36 1 1180 93.54%
Net Assets in Top 10 15.3 M 86.3 K 24.7 B 87.27%
Weighting of Top 10 35.32% 6.1% 186.4% 20.04%

Top 10 Holdings

  1. Citigroup Inc 3.83%
  2. Wells Fargo & Co 3.78%
  3. Spectrum Brands Holdings Inc 3.75%
  4. Dow Inc 3.54%
  5. CVS Health Corp 3.54%
  6. Intel Corp 3.53%
  7. Nucor Corp 3.48%
  8. Westinghouse Air Brake Technologies Corp 3.33%
  9. AXA SA 3.29%
  10. General Dynamics Corp 3.27%

Asset Allocation

Weighting Return Low Return High LOFLX % Rank
Stocks
96.99% 85.66% 135.68% 81.46%
Bonds
3.01% -0.44% 67.93% 1.97%
Preferred Stocks
0.00% 0.00% 7.57% 88.20%
Other
0.00% -0.58% 28.16% 86.33%
Convertible Bonds
0.00% -0.01% 6.51% 86.80%
Cash
0.00% -98.49% 13.29% 94.38%

Stock Sector Breakdown

Weighting Return Low Return High LOFLX % Rank
Financial Services
28.64% 0.00% 60.66% 15.66%
Industrials
14.15% 0.00% 38.85% 13.02%
Healthcare
12.67% 0.00% 35.93% 71.04%
Energy
9.40% 0.00% 19.99% 28.58%
Consumer Cyclical
7.39% 0.00% 34.09% 38.11%
Basic Materials
7.24% 0.00% 23.37% 7.17%
Technology
6.61% 0.00% 26.00% 77.64%
Communication Services
6.40% 0.00% 25.61% 52.08%
Consumer Defense
6.33% 0.00% 32.00% 70.19%
Real Estate
1.18% 0.00% 20.28% 74.25%
Utilities
0.00% 0.00% 59.22% 98.40%

Stock Geographic Breakdown

Weighting Return Low Return High LOFLX % Rank
US
87.49% 80.46% 133.82% 87.64%
Non US
9.50% 0.00% 18.95% 15.82%

Bond Sector Breakdown

Weighting Return Low Return High LOFLX % Rank
Corporate
100.00% 0.00% 100.00% 1.33%
Derivative
0.00% 0.00% 72.65% 86.58%
Cash & Equivalents
0.00% 0.00% 100.00% 99.43%
Securitized
0.00% 0.00% 16.62% 86.58%
Municipal
0.00% 0.00% 0.22% 86.58%
Government
0.00% 0.00% 52.91% 86.68%

Bond Geographic Breakdown

Weighting Return Low Return High LOFLX % Rank
US
3.01% -0.44% 58.86% 1.97%
Non US
0.00% 0.00% 9.07% 86.70%

Expenses

LOFLX - Expenses

Operational Fees

LOFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.21% 0.00% 12.79% 1.45%
Management Fee 0.59% 0.00% 1.50% 45.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.50% 9.66%

Sales Fees

LOFLX 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

LOFLX 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.

LOFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 1011.00% 11.00%

Distributions

LOFLX - Distributions

Dividend Yield Analysis

LOFLX Category Low Category High LOFLX % Rank
Dividend Yield 0.62% 0.00% 7.71% 6.27%

Dividend Distribution Analysis

LOFLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

LOFLX Category Low Category High LOFLX % Rank
Net Income Ratio 1.83% -0.63% 4.13% 42.26%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

LOFLX - Fund Manager Analysis

Managers

Eli Rabinowich


Start Date

Tenure

Tenure Rank

Feb 26, 2019

0.93

0.9%

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.

Jeff Diamond


Start Date

Tenure

Tenure Rank

Feb 26, 2019

0.93

0.9%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 84.26 6.97 4.38