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Lord Abbett Alpha Strategy Fund (ALFAX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Lord Abbett Alpha Strategy Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $57,453 for a total return of roughly 474.53%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2023FebruaryMarch
7.74%
7.43%
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

S&P 500

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Lord Abbett Alpha Strategy Fund

Return

Lord Abbett Alpha Strategy Fund had a return of 1.81% year-to-date (YTD) and -13.50% in the last 12 months. Over the past 10 years, Lord Abbett Alpha Strategy Fund had an annualized return of 8.15%, while the S&P 500 had an annualized return of 9.86%, indicating that Lord Abbett Alpha Strategy Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-6.65%-3.13%
Year-To-Date1.81%2.92%
6 months2.47%2.02%
1 year-13.50%-11.46%
5 years (annualized)4.23%7.79%
10 years (annualized)8.15%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20238.87%-1.13%
2022-9.21%8.50%4.58%-4.43%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Lord Abbett Alpha Strategy Fund Sharpe ratio is -0.48. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.48
-0.45
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

Dividend History

Lord Abbett Alpha Strategy Fund granted a 6.82% dividend yield in the last twelve months. The annual payout for that period amounted to $1.42 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.42$1.42$1.53$2.09$3.29$3.42$3.18$2.93$4.00$3.42$2.41$1.09

Dividend yield

6.82%6.94%5.75%9.01%17.88%23.24%19.53%21.68%32.35%27.35%19.86%12.83%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
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
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
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
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
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
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
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
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
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
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.41
2012$1.09

Drawdowns Chart

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


-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-26.26%
-17.62%
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Lord Abbett Alpha Strategy Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Lord Abbett Alpha Strategy Fund is 57.11%, recorded on Mar 9, 2009. It took 460 trading sessions for the portfolio to recover.


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
-28.78%May 2, 2011108Oct 3, 2011325Jan 22, 2013433
-26.1%Sep 17, 201869Dec 24, 2018267Jan 16, 2020336
-24.79%Jun 24, 2015161Feb 11, 2016209Dec 8, 2016370
-17.08%May 11, 200623Jun 13, 2006147Jan 16, 2007170
-13.48%Mar 5, 2014155Oct 13, 201485Feb 13, 2015240

Volatility Chart

Current Lord Abbett Alpha Strategy Fund volatility is 29.10%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2023FebruaryMarch
29.10%
20.82%
ALFAX (Lord Abbett Alpha Strategy Fund)
Benchmark (^GSPC)