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Lord Abbett Fundamental Equity Fund Class I: (MF: LAVYX)
(NASDAQ Mutual Funds) As of May 9, 2025 08:00 PM ET
$15.05 USD
0.00 (NA)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in January 1994 and is managed by Lord Abbett and Co. The fund's investment objective is long term growth of capital and income without excessive fluctuations in market value. The fund purchases shares of U.S. and multinational companies that is undervalued in all market capitalization ranges. The fund may invest in equity securities such as common stocks, convertible bonds, convertible preferred stocks and warrants. The fund invests at least 65% its net assets in equity securities of large companies with market capitalizations of at least $5 billion dollar at the time of purchase. The dividends are offered semi-annually and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Lord Abbett Fundmntl Eq I | LAVYX | NA | NA | 0.00 | 0.00 | 0.55 | 0.70 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Fundmntl Eq A | LDFVX | 14.80 | 7/15/1996 | 0.85 | 8.78 | 9.65 | 14.33 |
| Lord Abbett Fundmntl Eq C | GILAX | 12.57 | 1/3/1994 | 0.19 | 8.01 | 8.82 | 13.49 |
| Lord Abbett Fundmntl Eq P | LAVPX | 14.39 | 8/15/2001 | 0.66 | 8.58 | 9.42 | 14.10 |
| Lord Abbett Fundmntl Eq I | LAVYX | 15.05 | 3/31/2003 | 1.09 | 9.03 | 9.89 | 14.60 |
| Lord Abbett Fundmntl Eq F | LAVFX | 14.68 | 9/28/2007 | 1.01 | 9.00 | 9.80 | 14.51 |
| Lord Abbett Fundmntl Eq R2 | LAVQX | 14.46 | 9/28/2007 | 0.56 | 8.35 | 9.25 | 13.92 |
| Lord Abbett Fundmntl Eq R3 | LAVRX | 14.52 | 9/28/2007 | 0.61 | 8.60 | 9.38 | 14.05 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Lord Abbett Fundmntl Eq I | LAVYX | 1000000 | 0 | 0 | A |
Contact Information
| Family | Lord Abbett |
| Address | 30 Hudson Street Jersey City, NJ 07302 |
| Phone | 888 522-2388 |