ALFYX — Lord Abbett Alpha Strategy Fund, Class I
Data updated: 2026-09-25
ALFYX — Lord Abbett Alpha Strategy Fund, Class I. 1.22% expense ratio · no sales load · since 2004. Holdings, fees, performance and SEC filings.
ALFYX Fund Overview
ALFYX — Lord Abbett Alpha Strategy Fund, Class I is a US mutual fund managed by Lord Abbett Securities Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Lord Abbett Securities Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $666.99M
- 1-year return: 23.9%
- Ticker: ALFYX
- SEC CIK: 0000898031
- SEC series ID: S000007139
- Share class ID: C000019521
ALFYX Investment Objective and Strategy
Lord Abbett Alpha Strategy Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lord Abbett Securities Trust.
Investment objective
The Funds investment objective is long-term capital appreciation.
Principal investment strategy
The Fund is a fund of funds that invests principally in affiliated mutual funds managed by Lord, Abbett & Co. LLC (the underlying funds). Under normal conditions, through the underlying funds, the Fund indirectly invests principally 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. Through the underlying funds, the Funds assets are allocated primarily to the following types of investments: Equity securities of micro-cap, small, and mid-sized companies. The underlying funds may invest in any security that represents equity ownership in a company. Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts (REITs) and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, and other instruments with similar economic characteristics.
The underlying funds consider equity securities to include warrants, rights offerings, convertible securities, and investments that convert into the equity securities described above. Growth companies that the underlying funds believe exhibit faster-than-average gains in earnings and have the potential to continue profit growth at a high level. Value companies that the underlying funds believe to be undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation. Foreign securities , including emerging market securities and American Depositary Receipts (ADRs). The Fund defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges. Because ADRs represent exposure to foreign companies, the Fund deems them to be foreign investments even though they trade on U.S.
exchanges. Foreign securities may be denominated in the U.S. dollar or other currencies. In addition to investing in the underlying funds, the Fund may invest directly in any type of derivative as part of its investment strategies or for risk management purposes. Currently, the Fund invests in derivatives consisting principally of futures, forwards, options, and swaps. To the extent the Fund invests in derivatives, the Fund intends to do so primarily for non-hedging purposes. When investing in this manner, the Fund may use a derivative investment, such as an index future, to adjust exposure to, or to change the weighting of its investments in, a particular asset class without increasing or decreasing the allocation among the underlying funds. The Fund may use derivatives to gain exposure to any asset class, whether or not represented by the underlying funds.
The Fund also may sell index futures short to reduce its exposure to a particular asset class represented by the index or to profit from an anticipated decline in the returns of the index. The market value of the Funds directly held positions in derivatives, determined at the time of the most recent position established, will not exceed 50% of the Funds net assets. The Fund currently expects, however, that the market value of such instruments, determined at the time of the most recent position established, will not exceed 35% of the Funds net assets under normal conditions. These percentage limitations exclude Fund assets indirectly invested in derivatives through the underlying funds. The portfolio management team allocates the Funds assets among underlying funds that invest in equity securities across micro, small and mid-sized market capitalization ranges and all investment styles, and that invest in select non-U.S.
companies. The portfolio management team generally employs a bottom-up investment approach emphasizing long term value. The Fund may sell and reallocate its investments away from particular underlying funds when the Fund believes such a fund is less likely to benefit from the current market and economic environment, has a portfolio that shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.
ALFYX Holdings
Top 7 holdings of Lord Abbett Alpha Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Lord Abbett Small Cap Value Fund | 20.78% |
| Lord Abbett Value Opportunities Fund | 20.14% |
| Lord Abbett Developing Growth Fund Inc | 19.19% |
| Lord Abbett International Opportunities Fund | 19.06% |
| Lord Abbett Micro Cap Growth Fund | 10.51% |
| Lord Abbett Focused Small Cap Value Fund | 10.30% |
| Fixed Income Clearing Corp. | 0.08% |
ALFYX Portfolio Allocation
Asset-class allocation of Lord Abbett Alpha Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
| Cash & Equivalents | 0.1% |
ALFYX Performance
Total returns for ALFYX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 16.32% |
| 1 year | 23.87% |
| 3 years (annualised) | 12.99% |
| 5 years (annualised) | 5.21% |
ALFYX Risk Information
Risk metrics for ALFYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.12%
ALFYX Costs and Fees
ALFYX costs about $122 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.22%
- Gross expense ratio: 1.22%
- Portfolio turnover: 4%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
ALFYX Cashflows
Over the 12 months to 2026-04, Lord Abbett Alpha Strategy Fund had net outflows of $28.40M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.97M |
| 2026-03 | −$4.41M |
| 2026-02 | −$5.18M |
| 2026-01 | −$3.26M |
| 2025-12 | $17.82M |
| 2025-11 | −$4.35M |
ALFYX Debt Constituents
No individual debt constituents are reported in Lord Abbett Alpha Strategy Fund's latest SEC N-PORT filing.
ALFYX Prospectus and SEC Filings
Official Lord Abbett Alpha Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-25
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus (485BPOS) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-29
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.