Fund Evaluator:
Lord Abbett Affiliated A (LAFFX)
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Best Performing in Large Value Over the Last Year
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Fund Details
Lord Abbett Affiliated A Overview
Lord Abbett Affiliated A (LAFFX) is an actively managed U.S. Equity Large Value fund. Lord Abbett launched the fund in 1950.
The investment seeks long-term growth of capital and income without excessive fluctuations in market value. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of large companies. A large company is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index. In selecting investments, the portfolio management team focuses on U.S. companies that pay dividends and seeks to identify companies that the advisor believes have the potential for capital appreciation.
About Lord Abbett Affiliated A (LAFFX)
There are 3 members of the management team with an average tenure of 4.21 years: Ryan Howard (2021), Darnell Azeez (2019), Matthew McConnell (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. Lord Abbett Affiliated A has 66 securities in its portfolio. The top 10 holdings constitute 31.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Lord Abbett Affiliated A is part of the Equity global asset class and is within the U.S. Equity fund group. Lord Abbett Affiliated A has 7.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 93.0%. There is 7.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Lord Abbett Affiliated A has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $5 billion in total assets, which is above the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LAFFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Lord Abbett Affiliated A expense ratio is above average compared to funds in the Large Value category. Lord Abbett Affiliated A has an expense ratio of 0.69%, which is 25% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Lord Abbett Affiliated A has a portfolio turnover rate of 44%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, Lord Abbett Affiliated A returned -0.1%, which earned it a grade of F, as the Large Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Lord Abbett Affiliated A has a trailing yield of 0.84%, which is below the 1.20% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Lord Abbett Affiliated A Grades
Year to date, the fund has returned 12.6%, 1.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 20.9% over the past year (grade of D), 17.2% over the past three years (grade of B) and 10.5% per year over the past five years (grade of D) and 10.7% per year over the past 10 years (grade of D).
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LAFFX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LAFFX Return (NAV) | -0.1% | 4.1% | 20.9% | 17.2% | 10.5% | 10.7% |
| LAFFX Grade | F | D | D | B | D | D |
| +/- Category | -3.0% | -2.1% | -2.9% | 1.5% | -0.3% | -0.6% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| LAFFX Tax Cost Ratio | na | na | 1.8% | 1.2% | 1.3% | 1.7% |
LAFFX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LAFFX Return (NAV) | 12.6% | 15.8% | 17.3% | 10.5% | -9.8% | 26.7% | -1.3% | 25.2% | -7.5% | 16.1% | 17.3% |
| LAFFX Grade | D | C | A | C | F | B | F | C | B | C | B |
| +/- Category | -1.7% | 0.6% | 3.2% | -1.4% | -3.8% | 1.0% | -5.1% | -0.4% | 1.0% | -0.3% | 2.8% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 11.8% |
| Total Risk Index: | 0.96 - Average |
| Category Risk Index: | 0.97 - Below Average |
| Category Risk Grade: | B (38% Rank) |
| Beta: | 0.76 |
| R-Squared: | 71% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.8% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $6841 Mil |
| Fund Total Assets: | $5,916 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 44% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 7.0 years | |||
| Average Tenure: 4.2 years | |||
| Managers (Year): Azeez Darnell (2019), Howard Ryan (2021), McConnell Matthew (2026) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 66 |
| % in Top 10 Holdings: | 31.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 7.0% |
Portfolio Allocation |
|
| Domestic Stock: | 93.0% |
| Foreign Stock: | 7.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | Lord Abbett |
| Phone Number: | 888-522-2388 |
| Website: | www.lordabbett.com |
| Status: | Open |
| Inception Date: | January 3, 1950 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 0.69% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Lord Abbett Affiliated A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
