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Lord Abbett Alpha Strategy Fund (ALFAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS5439157638
CUSIP543915763
IssuerLord Abbett
Inception DateMar 18, 1998
CategorySmall Cap Growth Equities
Min. Investment$1,500
Asset ClassEquity

Asset Class Size

Small-Cap

Asset Class Style

Growth

Expense Ratio

ALFAX has a high expense ratio of 1.40%, indicating higher-than-average management fees.


Expense ratio chart for ALFAX: current value at 1.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.40%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Lord Abbett Alpha Strategy Fund

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Lord Abbett Alpha Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


300.00%350.00%400.00%450.00%500.00%550.00%600.00%December2024FebruaryMarchAprilMay
581.69%
380.66%
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Lord Abbett Alpha Strategy Fund had a return of 7.48% year-to-date (YTD) and 15.11% in the last 12 months. Over the past 10 years, Lord Abbett Alpha Strategy Fund had an annualized return of 7.72%, while the S&P 500 had an annualized return of 10.87%, indicating that Lord Abbett Alpha Strategy Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date7.48%11.56%
1 month7.90%7.13%
6 months19.06%17.26%
1 year15.11%26.92%
5 years (annualized)8.49%13.56%
10 years (annualized)7.72%10.87%

Monthly Returns

The table below presents the monthly returns of ALFAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.04%5.02%3.29%-5.80%7.48%
20238.87%-1.13%-1.55%-0.51%-1.39%5.52%3.71%-3.96%-6.19%-6.36%9.14%8.75%13.92%
2022-9.65%-0.27%-1.21%-9.18%0.35%-9.34%8.68%-2.81%-9.21%8.50%4.58%-4.43%-23.50%
20212.06%7.52%0.28%4.38%-0.87%0.20%-1.31%2.00%-3.13%4.36%-4.51%3.72%15.01%
2020-1.69%-7.71%-21.34%14.13%9.25%3.86%4.44%4.62%-1.77%1.57%15.85%8.08%26.16%
201910.64%5.75%-1.33%3.53%-6.91%7.51%-0.08%-3.98%-0.04%1.78%3.49%3.40%24.95%
20183.57%-3.16%0.53%0.67%4.93%0.78%0.28%6.08%-0.72%-11.71%0.41%-10.16%-9.72%
20172.06%1.63%0.94%1.39%0.19%2.32%1.71%-0.26%4.22%1.72%2.28%0.75%20.61%
2016-8.51%-1.25%7.71%0.65%2.42%-0.91%5.37%0.98%1.31%-4.25%5.98%0.40%9.18%
2015-2.20%6.56%1.36%-0.83%2.19%0.54%-0.13%-6.85%-3.31%3.91%1.71%-3.21%-0.95%
2014-1.46%5.50%-1.29%-3.64%0.16%4.88%-6.00%3.83%-4.46%4.25%0.52%1.39%2.90%
20135.81%1.36%5.11%0.11%3.76%0.60%6.19%-2.11%7.00%2.61%3.16%2.74%42.49%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALFAX is 26, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALFAX is 2626
ALFAX (Lord Abbett Alpha Strategy Fund)
The Sharpe Ratio Rank of ALFAX is 2626Sharpe Ratio Rank
The Sortino Ratio Rank of ALFAX is 2626Sortino Ratio Rank
The Omega Ratio Rank of ALFAX is 2222Omega Ratio Rank
The Calmar Ratio Rank of ALFAX is 2929Calmar Ratio Rank
The Martin Ratio Rank of ALFAX is 2424Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Lord Abbett Alpha Strategy Fund (ALFAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALFAX
Sharpe ratio
The chart of Sharpe ratio for ALFAX, currently valued at 1.04, compared to the broader market-1.000.001.002.003.004.001.04
Sortino ratio
The chart of Sortino ratio for ALFAX, currently valued at 1.57, compared to the broader market-2.000.002.004.006.008.0010.0012.001.57
Omega ratio
The chart of Omega ratio for ALFAX, currently valued at 1.18, compared to the broader market1.002.003.001.18
Calmar ratio
The chart of Calmar ratio for ALFAX, currently valued at 0.51, compared to the broader market0.002.004.006.008.0010.0012.000.51
Martin ratio
The chart of Martin ratio for ALFAX, currently valued at 2.57, compared to the broader market0.0020.0040.0060.0080.002.57
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market-2.000.002.004.006.008.0010.0012.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market1.002.003.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.002.004.006.008.0010.0012.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market0.0020.0040.0060.0080.008.93

Sharpe Ratio

The current Lord Abbett Alpha Strategy Fund Sharpe ratio is 1.04. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Lord Abbett Alpha Strategy Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
1.04
2.34
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Lord Abbett Alpha Strategy Fund granted a 0.43% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.11$0.11$1.42$1.53$2.09$3.29$3.42$3.18$2.93$4.00$3.42$2.41

Dividend yield

0.43%0.46%6.94%5.38%7.99%14.66%16.61%11.96%11.85%15.83%11.54%7.51%

Monthly Dividends

The table displays the monthly dividend distributions for Lord Abbett Alpha Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.42$1.42
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.53$1.53
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.09$2.09
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.29$3.29
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.42$3.42
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.18$3.18
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.93$2.93
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.00$4.00
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.42$3.42
2013$2.41$2.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-11.32%
0
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Lord Abbett Alpha Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Lord Abbett Alpha Strategy Fund was 57.11%, occurring on Mar 9, 2009. Recovery took 460 trading sessions.

The current Lord Abbett Alpha Strategy Fund drawdown is 11.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-57.11%Nov 1, 2007338Mar 9, 2009460Jan 3, 2011798
-49.44%Mar 13, 2000644Oct 9, 2002704Jul 28, 20051348
-40.29%Feb 20, 202023Mar 23, 2020136Oct 5, 2020159
-33.88%Nov 9, 2021221Sep 26, 2022
-31.77%Jul 21, 199858Oct 8, 1998147May 3, 1999205

Volatility

Volatility Chart

The current Lord Abbett Alpha Strategy Fund volatility is 3.92%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%December2024FebruaryMarchAprilMay
3.92%
3.10%
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)