ALFAX | Alpha Strategy Fund Class A | Lord Abbett

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Alpha Strategy Fund

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Daily price w/o sales charge as of 01/30/2026

$28.24

arrowDown$0.43

YTD Returns w/o sales charge as of 01/30/2026

5.14%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the Alpha Strategy Fund?

The Fund seeks to deliver long-term growth of capital by investing primarily in Lord Abbett Funds that invest in stocks of smaller and mid-sized U.S. and international companies.

Fund Basicsas of 12/31/2025

Total Net Assets
$601.43 M
Inception Date
03/18/1998
Dividend Frequency
Annually
Fund Gross Expense Ratio
1.47%
Fund Net Expense Ratio
1.37%
Number of Underlying Funds
-
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/18/1998
w/o sales charge 8.81% 8.81% 11.94% 4.30% 8.76% 7.61%
Lipper Category Avg. Small-Cap Core Funds 6.99% 6.99% 11.19% 7.59% 9.14% -
Russell 2000® Index 12.81% 12.81% 13.73% 6.09% 9.62% 7.58%
w/ sales charge 2.57% 2.57% 9.76% 3.07% 8.12% 7.38%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/18/1998
w/o sales charge 8.81% 8.81% 11.94% 4.30% 8.76% 7.61%
Lipper Category Avg. Small-Cap Core Funds 6.99% 6.99% 11.19% 7.59% 9.14% -
Russell 2000® Index 12.81% 12.81% 13.73% 6.09% 9.62% 7.58%
w/ sales charge 2.57% 2.57% 9.76% 3.07% 8.12% 7.38%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

Returns with sales charges reflect a maximum sales charge of 5.75%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

HOLDINGS as of 12/31/2025View Portfolio

Holding Assets
Silicon Motion Technology Corp 1.3%
White Mountains Insurance Group Ltd 1.2%
Genpact Ltd 1.1%
Belden Inc 1.0%
Brady Corp 1.0%
IDACORP Inc 1.0%
Littelfuse Inc 1.0%
Wintrust Financial Corp 1.0%
Cushman & Wakefield Ltd 0.9%
Landstar System Inc 0.9%

The Fund invests principally in the underlying funds. The percentages shown are based on individual securities owned in one or more of the underlying funds. The Fund may also invest directly in derivatives. The Fund’s portfolio is actively managed and therefore, its percentage allocations may change from time to time. Holdings are for informational purposes only and are not a recommendation to buy, sell, or hold any security.

SECTOR ALLOCATION as of 12/31/2025 View Portfolio

Allocation Assets
Industrials
Information Technology
Financials
Health Care
Consumer Discretionary
Materials
Consumer Staples
Energy
Real Estate
Telecommunication Services
Utilities
Trade Date Cash (Mutual Fund)
Trade Date Cash (FOF)

INVESTMENT TEAM

Giulio Martini
Giulio Martini

Partner, Director of Strategic Asset Allocation

41 Years of Industry Experience

Matthew R. DeCicco
Matthew R. DeCicco, CFA

Partner, Director of Equities

27 Years of Industry Experience

Jahiz Barlas
Jahiz Barlas, Ph.D.

Portfolio Manager

16 Years of Industry Experience

Supported By 17 Investment Professionals with 25 Years Avg. Industry Experience

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Performance

Performance

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/18/1998
w/o sales charge 8.81% 8.81% 11.94% 4.30% 8.76% 7.61%
Lipper Category Avg. Small-Cap Core Funds 6.99% 6.99% 11.19% 7.59% 9.14% -
Russell 2000® Index 12.81% 12.81% 13.73% 6.09% 9.62% 7.58%
w/ sales charge 2.57% 2.57% 9.76% 3.07% 8.12% 7.38%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/18/1998
w/o sales charge 8.81% 8.81% 11.94% 4.30% 8.76% 7.61%
Lipper Category Avg. Small-Cap Core Funds 6.99% 6.99% 11.19% 7.59% 9.14% -
Russell 2000® Index 12.81% 12.81% 13.73% 6.09% 9.62% 7.58%
w/ sales charge 2.57% 2.57% 9.76% 3.07% 8.12% 7.38%

Fund Expense Ratio :

Gross 1.47%

Net 1.37%

Returns with sales charges reflect a maximum sales charge of 5.75%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

Year Fund Returns Russell 2000® Index
2025 8.81% 12.81%
2024 13.18% 11.54%
2023 13.91% 16.93%
2022 -23.44% -20.44%
2021 14.94% 14.82%
2020 26.08% 19.96%
2019 24.82% 25.53%
2018 -9.44% -11.01%
2017 20.59% 14.65%
2016 9.20% 21.31%
2015 -1.06% -
2014 2.90% -
2013 42.33% -
2012 12.56% -
2011 -6.32% -
2010 26.87% -
2009 39.71% -
2008 -40.78% -
2007 14.07% -
2006 21.71% -
Year Q1 Q2 Q3 Q4
2026 - - - -
2025 -8.89% 11.12% 6.47% 0.95%
2024 7.35% -1.45% 7.97% -0.91%
2023 5.98% 3.52% -6.57% 11.13%
2022 -10.98% -17.38% -4.10% 8.54%
2021 10.05% 3.68% -2.48% 3.29%
2020 -28.64% 29.50% 7.34% 27.10%
2019 15.44% 3.62% -4.10% 8.81%
2018 0.83% 6.45% 5.60% -20.10%
2017 4.69% 3.94% 5.73% 4.81%
2016 -2.69% 2.15% 7.80% 1.91%
2015 5.64% 1.89% -10.04% 2.18%
2014 2.62% 1.21% -6.75% 6.24%
2013 12.73% 4.50% 11.23% 8.63%
2012 13.05% -7.07% 5.87% 1.20%
2011 6.76% 0.08% -22.34% 12.91%
2010 7.68% -9.67% 13.35% 15.07%
2009 -8.07% 25.22% 16.89% 3.83%
2008 -13.04% 1.15% -10.11% -25.10%
2007 4.13% 8.74% 2.40% -1.62%
2006 14.29% -3.24% -0.79% 10.94%
2005 -1.43% 2.90% 11.15% 3.95%
2004 6.24% 2.06% -3.73% 11.92%
2003 -3.86% 19.18% 8.87% 13.65%
2002 1.25% -6.05% -19.47% 3.30%
2001 -12.31% 7.48% -18.57% 15.26%
2000 9.56% -8.78% 1.25% -6.78%
1999 -2.84% 13.76% -4.45% 18.21%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 12/31/2025

The chart begins on the Fund's inception date of 03/18/1998.

Based on a hypothetical Class A share investment of $10,000 on 03/18/1998 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Holding Assets
Silicon Motion Technology Corp 1.3%
White Mountains Insurance Group Ltd 1.2%
Genpact Ltd 1.1%
Belden Inc 1.0%
Brady Corp 1.0%
IDACORP Inc 1.0%
Littelfuse Inc 1.0%
Wintrust Financial Corp 1.0%
Cushman & Wakefield Ltd 0.9%
Landstar System Inc 0.9%

The Fund invests principally in the underlying funds. The percentages shown are based on individual securities owned in one or more of the underlying funds. The Fund may also invest directly in derivatives. The Fund’s portfolio is actively managed and therefore, its percentage allocations may change from time to time. Holdings are for informational purposes only and are not a recommendation to buy, sell, or hold any security.

Holding Assets
International Opportunities Fund 20.1%
Small Cap Value Fund 20.1%
Value Opportunities Fund 20.0%
Developing Growth Fund 19.8%
Focused Small Cap Value Fund 10.1%
Micro Cap Growth Fund 9.8%

The Fund invests principally in the underlying funds. The percentages shown are based on individual securities owned in one or more of the underlying funds. The Fund may also invest directly in derivatives. The Fund’s portfolio is actively managed and therefore, its percentage allocations may change from time to time. Holdings are for informational purposes only and are not a recommendation to buy, sell, or hold any security.

SECTOR ALLOCATION as of 12/31/2025

Allocation Assets
Industrials
Information Technology
Financials
Health Care
Consumer Discretionary
Materials
Consumer Staples
Energy
Real Estate
Telecommunication Services
Utilities
Trade Date Cash (Mutual Fund)
Trade Date Cash (FOF)

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 01/30/2026
$0
Dividend Frequency
Annually
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
12/18/2024 12/19/2024 12/19/2024 $0.02660 $25.93

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date Reinvest & Payable Date
12/21/2026 12/22/2026 12/22/2026

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/22/2025 12/23/2025 $1.4245 - $1.4245 $27.39
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 01/30/2026

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $50,000 5.75% 5.00% $29.96
$50,000 to $99,999 4.75% 4.00% $29.65
$100,000 to $249,999 3.95% 3.25% $29.40
$250,000 to $499,999 2.75% 2.25% $29.04
$500,000 to $999,999 1.95% 1.75% $28.80
$1,000,000 to $5,000,000 0.00% 1.00% $28.24

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

SALES CHARGE REDUCTIONS AND WAIVERS

Please inform the fund company or your financial intermediary at the time of your purchase of fund shares if you believe you qualify for a reduced front-end sales charge.

Reducing Your Class A Share Front-End Sales Charge
You may purchase Class A shares at a discount if you qualify under the circumstances outlined below. To receive a reduced front-end sales charge, you must let the fund or your financial intermediary know at the time of your purchase of fund shares that you believe you qualify for a discount. If you or a related party have holdings of eligible funds (as defined below) in other accounts with your financial intermediary or with other financial intermediaries that may be combined with your current purchases in determining the sales charge as described below, you must inform a fund or your financial intermediary. You may be asked to provide supporting account statements or other information to allow us or your financial intermediary to verify your eligibility for a discount. If you or your financial intermediary do not notify a fund or provide the requested information, you may not receive the reduced sales charge for which you otherwise qualify. Class A shares may be purchased at a discount if you qualify under either of the following conditions:

  • Rights of Accumulation - A Purchaser (as defined below) may combine thevalue of Class A, A1, C, F, and P shares of any Eligible Fund currentlyowned with a new purchase of Class A shares of any Eligible Fund in orderto reduce the sales charge on the new purchase. Class F3, I, R2, R3, R4, R5,and R6 share holdings may not be combined for these purposes.To the extent that your financial intermediary is able to do so, the value ofClass A, A1, C, F, and P shares of Eligible Funds determined for the purposeof reducing the sales charge of a new purchase under the Rights ofAccumulation will be calculated at the higher of: (1) the aggregate currentmaximum offering price of your existing Class A, A1, C, F, and P shares ofEligible Funds; or (2) the aggregate amount you invested in such shares(including dividend reinvestments but excluding capital appreciation) less anyredemptions. You should retain any information and account recordsnecessary to substantiate the historical amounts you and any relatedPurchasers have invested in Eligible Funds. You must inform the Fund and/or your financial intermediary at the time of purchase if you believe yourpurchase qualifies for a reduced sales charge and you may be requested toprovide documentation of your holdings in order to verify your eligibility. Ifyou do not do so, you may not receive all sales charge reductions for whichyou are eligible.

  • Letter of Intention — In order to reduce your Class A front-end salescharge, a Purchaser may combine purchases of Class A, A1, C, F, and Pshares of any Eligible Fund the Purchaser intends to make over the next13 months in determining the applicable sales charge. The 13-month Letterof Intention period commences on the day that the Letter of Intention isreceived by the Fund, and the Purchaser must tell the Fund that laterpurchases are subject to the Letter of Intention. Purchases submitted prior tothe date the Letter of Intention is received by the Fund are not countedtoward the sales charge reduction. Current holdings under Rights ofAccumulation may be included in a Letter of Intention in order to reduce thesales charge for purchases during the 13-month period covered by the Letterof Intention. Shares purchased through reinvestment of dividends ordistributions are not included. Class F3, I, R2, R3, R4, R5, and R6 shareholdings may not be combined for these purposes. Class A and A1 shares valued at up to 5% of the amount of intended purchases are escrowed andmay be redeemed to cover the additional sales charges payable if the intendedpurchases under the Letter of Intention are not completed. The Letter ofIntention is neither a binding obligation on you to buy, nor on the Fund tosell, any or all of the intended purchase amount.

Purchaser — A Purchaser includes: (1) an individual; (2) an individual, his or her spouse, domestic partner, and childrenunder the age of 21; (3) retirement and benefit plansincluding a 401(k) plan, profit-sharing plan, moneypurchase plan, defined benefit plan, and 457(b) plan sponsored by a governmental entity, non-profitorganization, school district or church to which employer contributions are made, as well as SIMPLE IRAplans and SEP-IRA plans; or (4) a trustee or other fiduciary purchasing shares for a single trust, estate orsingle fiduciary account or a trust established by the individual as grantor. An individual may include underitem (1) his or her holdings in Eligible Funds as described below in IRAs, as a sole participant of aretirement and benefit plan sponsored by the individual’s business, and as a participant in a 403(b) plan towhich only pre-tax salary deferrals are made. An individual, his or her spouse, and domestic partner mayinclude under item (2) their holdings in IRAs, and as the sole participants in retirement and benefit planssponsored by a business owned by either or both of them. A retirement and benefit plan under item (3)includes all qualified retirement and benefit plans of a single employer and its consolidated subsidiaries,and all qualified retirement and benefit plans of multiple employers registered in the name of a singlebank trustee.

Eligible fund — An eligible fund is any Lord Abbett-sponsored fund except for (1) each portfolio of Lord Abbett Series Fund, Inc., (2) Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. ("Money Market Fund") (except for holdings in Money Market Fund, which are attributable to any shares exchanged from the Lord Abbett-sponsored funds), and (3) any other fund the shares of which are not available to the investor at the time of the transaction due to a limitation on the offering of a fund's shares.

Front-end Sales Charge Waivers
Class A shares may be purchased without a front-end sales charge under any of the following conditions:

  • purchases of $1 million or more (may be subject to a CDSC);
  • purchases by retirement and benefit plans with at least 100 eligible employees (may be subject to a CDSC);
  • purchases for retirement and benefit plans made through financial intermediaries that perform participant recordkeeping or other administrative services for the plans and that have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases (may be subject to a CDSC);
  • purchases made by or on behalf of financial intermediaries for clients that pay the financial intermediaries fees in connection with fee-based advisory program, provided that the financial intermediaries or their trading agents have entered into special arrangements with a fund and/or Lord Abbett Distributor specifically for such purchases; and
  • certain other types of investors may qualify to purchase Class A share without a front-end sales charge as described in the Statement of Additional Information (SAI).

 

Expense Ratioas of 12/31/2025

Fund Gross Expense Ratio 1.47%
Fund Net Expense Ratio 1.37%

Expense ratio details, Click here.

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
2025 Annual Tailored Shareholder Report
Publish Date:11/03/2015
2025 Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund invests primarily in U.S. and global small, mid-sized and micro-cap stocks, which tend to be more volatile and less liquid than large cap company stocks.  The value of the underlying funds' investments and the net asset values of the shares of both the Fund and the underlying funds will fluctuate in response to various market and economic factors related to equity markets, as well as the financial condition and prospects of issuers in which the underlying funds invest.  Investments in small, mid-sized and micro-cap company stocks typically involve greater risk, particularly in the short term, than those in larger, more established companies.  Investments in either growth or value stocks may shift in and out of favor for long periods of time, depending on market and economic conditions.  Investing internationally involves risks not associated with investing solely in the United States, such as currency fluctuation, political risk, differences in accounting and the limited availability of information.  These risks can be greater in the case of emerging country securities.  The Fund is subject to the risks associated with derivatives, which may be different from and greater than the risks associated with investing directly in securities and other investments.  These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Russell 2000® Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, which represents approximately 10% of the total market capitalization of the Russell 3000 Index.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

Gross Expense Ratio includes Management fees, Distribution and Service (12b-1) fees, Acquired Fund Fees and Expenses, and Other Expenses. 

 

The net expense ratio takes into account a voluntary fee waiver that Lord Abbett may discontinue at any time. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such waivers, performance would have been lower.

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

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