Lord Abbett Alpha Strategy Fund (ALFAX)
The investment seeks long-term capital appreciation. The fund is a "fund of funds" that invests in affiliated mutual funds (the "underlying funds") managed by Lord, Abbett & Co. LLC ("Lord Abbett"). Under normal conditions, through the underlying funds, it indirectly invests in the equity securities of U.S. and foreign micro-cap, small, and mid-sized companies. The fund uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.
Fund Info
US5439157638
543915763
Mar 18, 1998
$1,500
Small-Cap
Growth
Expense Ratio
ALFAX has a high expense ratio of 1.40%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Lord Abbett Alpha Strategy Fund (ALFAX) returned -4.00% year-to-date (YTD) and 3.21% over the past 12 months. Over the past 10 years, ALFAX returned 6.54% annually, underperforming the S&P 500 benchmark at 10.84%.
ALFAX
-4.00%
4.66%
-9.83%
3.21%
4.88%
9.08%
6.54%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.85% | -5.56% | -5.28% | 0.34% | 5.01% | -4.00% | |||||||
| 2024 | -1.04% | 5.02% | 3.29% | -5.80% | 5.47% | -0.81% | 5.80% | 1.31% | 0.72% | -1.97% | 8.07% | -6.47% | 13.18% |
| 2023 | 8.87% | -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% |
| 2021 | 2.06% | 7.53% | 0.28% | 4.37% | -0.86% | 0.20% | -1.31% | 2.00% | -3.13% | 4.36% | -4.51% | 3.72% | 15.01% |
| 2020 | -1.69% | -7.71% | -21.34% | 14.12% | 9.26% | 3.86% | 4.44% | 4.62% | -1.77% | 1.57% | 15.85% | 8.09% | 26.17% |
| 2019 | 10.64% | 5.75% | -1.33% | 3.53% | -6.91% | 7.51% | -0.08% | -3.98% | -0.04% | 1.78% | 3.49% | 3.40% | 24.95% |
| 2018 | 3.57% | -3.16% | 0.52% | 0.67% | 4.93% | 0.78% | 0.28% | 6.08% | -0.72% | -11.71% | 0.41% | -10.16% | -9.72% |
| 2017 | 2.06% | 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 | -8.50% | -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 | -2.19% | 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% | 0.53% | 1.37% | 2.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ALFAX is 15, meaning it’s performing worse than 85% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
Lord Abbett Alpha Strategy Fund provided a 0.84% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.21 | $0.11 | $1.42 | $1.53 | $2.09 | $3.29 | $3.42 | $3.18 | $2.93 | $4.00 | $3.41 |
Dividend yield | 0.84% | 0.80% | 0.46% | 6.94% | 5.38% | 7.99% | 14.66% | 16.61% | 11.96% | 11.85% | 15.83% | 11.52% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 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 | $3.41 | $3.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 10.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.11% | Nov 1, 2007 | 338 | Mar 9, 2009 | 460 | Jan 3, 2011 | 798 |
| -49.44% | Mar 13, 2000 | 644 | Oct 9, 2002 | 704 | Jul 28, 2005 | 1348 |
| -40.29% | Feb 20, 2020 | 23 | Mar 23, 2020 | 136 | Oct 5, 2020 | 159 |
| -33.88% | Nov 9, 2021 | 221 | Sep 26, 2022 | 545 | Nov 25, 2024 | 766 |
| -31.77% | Jul 21, 1998 | 58 | Oct 8, 1998 | 147 | May 3, 1999 | 205 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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