LFFLX� | Focused Large Cap Value Fund Class F | Lord Abbett

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

 

Focused Large Cap Value Fund

Summary

Summary

What is the Focused Large Cap Value Fund?

The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of large U.S. companies.

 

Fund Basicsas of 12/31/2021

Total Net Assets
$620.23 M
Inception Date
08/01/2019
Dividend Frequency
Annually
Fund Gross Expense Ratio
0.94%
Fund Net Expense Ratio
0.71%
Number of Holdings
34

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2019
w/o sales charge 28.07% 28.07% - - - 15.33%
Lipper Category Avg. Large-Cap Value Funds 25.83% 25.83% - - - -
Russell 1000® Value Index 25.16% 25.16% - - - 14.55%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2019
w/o sales charge 28.07% 28.07% - - - 15.33%
Lipper Category Avg. Large-Cap Value Funds 25.83% 25.83% - - - -
Russell 1000® Value Index 25.16% 25.16% - - - 14.55%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

TEN LARGEST HOLDINGS as of 12/31/2021

Holding Assets
Ameriprise Financial Inc 4.0%
KKR & Co Inc 3.8%
Alphabet Inc 3.7%
Lowe's Cos Inc 3.7%
AbbVie Inc 3.6%
Fidelity National Financial Inc 3.6%
CVS Health Corp 3.5%
Raytheon Technologies Corp 3.5%
First-Citizens Bank & Trust Co 3.4%
NRG Energy Inc 3.4%

INVESTMENT TEAM

Jeff Diamond
Jeff Diamond, CFA

Portfolio Manager

34 Years of Industry Experience

John C. Hardy
John C. Hardy

Portfolio Manager

18 Years of Industry Experience

Supported By 31 Investment Professionals with 19 Years Avg. Industry Experience

Your Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2019
w/o sales charge 28.07% 28.07% - - - 15.33%
Lipper Category Avg. Large-Cap Value Funds 25.83% 25.83% - - - -
Russell 1000® Value Index 25.16% 25.16% - - - 14.55%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2019
w/o sales charge 28.07% 28.07% - - - 15.33%
Lipper Category Avg. Large-Cap Value Funds 25.83% 25.83% - - - -
Russell 1000® Value Index 25.16% 25.16% - - - 14.55%

Fund Expense Ratio :

Gross 0.94%

Net 0.71%

Year Fund Returns Russell 1000® Value Index
2021 28.07% 25.16%
2020 4.87% 2.80%
2019 5.15% 26.54%
Year Q1 Q2 Q3 Q4 Yearly Returns
2021 14.55% 5.00% -0.27% 6.76% 28.07%
2020 -36.10% 29.04% 2.09% 24.57% 4.87%
2019 - - - 5.92% 5.15%

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioningas of 09/30/2021

  • The Fund employs a fundamental, bottom-up individual stock selection strategy that focuses on quality companies with compelling valuation over a long term horizon.
  • We initiated a position in shares of Alphabet Inc., a multinational technology company that specializes in Internet-related services and products. We believe the company is a leader in online search which provides the company with a profitable revenue stream and strong free cash flow generation. Further, we believe the market concerns regarding regulatory and legislative risks are overdone resulting in an attractive entry point for long-term investment.
  • We also initiated a position in shares of Royal Dutch Shell plc, a multinational gas and oil company. We believe the company is attractively value and the market underappreciates the potential for the company to initiate a substantial return of capital to shareholders.
  • We sold the Fund’s position in Facebook Inc., an American social media company, after a period of outperformance in favor of what we view as more attractive investment opportunities including Alphabet.
  • We sold the Fund’s position in TotalEnergies SE, a petroleum refining company, in favor of other investment opportunities consistent with our normalized free cash flow methodology. 

PORTFOLIO DETAILS as of 12/31/2021

Total Net Assets
$620.23 M
Number of Holdings
34
Weighted Average Market Cap.
151.7 B
P/B Ratio
2.9x
P/E Ratio
14.2x

Contributors & Detractors as of  12/31/2021

Contributors

Holding Contribution
Lowe's Cos Inc 0.9%
AbbVie, Inc. 0.8%
Kkr & Co Inc 0.8%
Masco Corp. 0.7%
CVS Caremark Corp. 0.7%

Detractors

Holding Contribution
Caesars Entertainment Inc -0.7%
Sabre Corp. -0.6%
Citigroup, Inc. -0.3%
Organon & Co -0.3%
Comcast Corp. -0.3%

Attribution Analysis 

Focused Large Cap Value Fund Benchmark Variance
Sector Avg. Weight Base Return Avg. Weight Base Return Stock Selection Group Weight Total

Fees & Expenses

Fees & Expenses

Expense Ratioas of 12/31/2021

Fund Gross Expense Ratio Fund Net Expense Ratio
0.94% 0.71%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
Quantity
Quantity
Remove
Remove

The Russell 1000® Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field