Affiliated Fund
Daily price w/o sales charge as of 05/29/2020
$13.03
$0.02
YTD Returns w/o sales charge as of 05/29/2020
-16.90%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks to deliver long-term growth of capital and current income by investing primarily in dividend-paying stocks of large U.S. companies.
Fund Basicsas of 04/30/2020
- Total Net Assets
- $5.05 B
- Inception Date
- 09/28/2007
- Dividend Frequency
- Quarterly
- Fund Expense Ratio
- 0.56%
- Number of Holdings
- 81
Yield
12-Month Dividend Yield 1 as of 05/29/2020
| w/o sales charge | 2.76% |
30-Day Standardized Yield 2 as of 04/30/2020
| 2.82% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.56%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -20.15% | -12.45% | 1.07% | 3.79% | 7.40% | 3.91% |
| Lipper Category Avg. Equity Income Funds | -16.57% | -9.35% | 2.35% | 4.19% | 8.25% | - |
| Russell 1000® Value Index | -18.49% | -11.01% | 1.42% | 3.90% | 8.54% | 4.64% |
Fund Expense Ratio :
0.56%
Fund Expense Ratio :
0.56%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -27.93% | -18.26% | -2.18% | 1.83% | 6.52% | 3.09% |
| Lipper Category Avg. Equity Income Funds | -24.51% | -15.38% | -0.94% | 2.18% | 7.26% | - |
| Russell 1000® Value Index | -26.73% | -17.17% | -2.18% | 1.90% | 7.67% | 3.79% |
Fund Expense Ratio :
0.56%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The Fund changed its investment strategy on 09/28/2007. Performance is calculated from this date.
TEN LARGEST HOLDINGS as of 04/30/2020View Portfolio
| Holding | Assets |
|---|---|
| Microsoft Corp. | 3.4% |
| Home Depot USA, Inc. | 2.5% |
| Merck & Co., Inc. | 2.5% |
| Intel Corp. | 2.3% |
| Johnson & Johnson, Inc. | 2.2% |
| Procter & Gamble Co. | 2.1% |
| JPMorgan Chase & Co. | 2.1% |
| Bank of America Corp. | 2.0% |
| Verizon Communications, Inc. | 2.0% |
| Chevron Corp. | 1.9% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 04/30/2020View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Utilities | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
INVESTMENT TEAM
Your Representative
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Performance
Performance
12-Month Dividend Yield 1 as of 05/29/2020
| w/o sales charge | 2.76% |
30-Day Standardized Yield 2 as of 04/30/2020
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 2.82% | 2.82% |
Fund Expense Ratio :
0.56%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -20.15% | -12.45% | 1.07% | 3.79% | 7.40% | 3.91% |
| Lipper Category Avg. Equity Income Funds | -16.57% | -9.35% | 2.35% | 4.19% | 8.25% | - |
| Russell 1000® Value Index | -18.49% | -11.01% | 1.42% | 3.90% | 8.54% | 4.64% |
Fund Expense Ratio :
0.56%
Fund Expense Ratio :
0.56%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -27.93% | -18.26% | -2.18% | 1.83% | 6.52% | 3.09% |
| Lipper Category Avg. Equity Income Funds | -24.51% | -15.38% | -0.94% | 2.18% | 7.26% | - |
| Russell 1000® Value Index | -26.73% | -17.17% | -2.18% | 1.90% | 7.67% | 3.79% |
Fund Expense Ratio :
0.56%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The Fund changed its investment strategy on 09/28/2007. Performance is calculated from this date.
| Year | Fund Returns | Russell 1000® Value Index |
|---|
| 2019 | 25.50% | 26.54% |
| 2018 | -7.32% | -8.27% |
| 2017 | 16.30% | 13.66% |
| 2016 | 17.52% | 17.34% |
| 2015 | -4.06% | -3.83% |
| 2014 | 12.23% | 13.45% |
| 2013 | 32.45% | 32.53% |
| 2012 | 16.18% | 17.51% |
| 2011 | -7.68% | 0.39% |
| 2010 | 14.69% | 15.51% |
| 2009 | 19.68% | - |
| 2008 | -37.02% | - |
| 2007 | 3.73% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2020 | -27.93% | - | - | - | -16.90% |
| 2019 | 10.64% | 3.85% | 2.48% | 6.58% | 25.50% |
| 2018 | -2.41% | 0.53% | 6.57% | -11.36% | -7.32% |
| 2017 | 4.14% | 2.10% | 3.03% | 6.16% | 16.30% |
| 2016 | 2.49% | 3.26% | 3.75% | 7.04% | 17.52% |
| 2015 | 0.39% | -1.19% | -7.53% | 4.61% | -4.06% |
| 2014 | 2.32% | 4.02% | -0.07% | 5.52% | 12.23% |
| 2013 | 10.95% | 3.91% | 4.55% | 9.89% | 32.45% |
| 2012 | 12.67% | -4.71% | 6.75% | 1.37% | 16.18% |
| 2011 | 5.64% | -2.71% | -20.68% | 13.24% | -7.68% |
| 2010 | 6.86% | -14.38% | 10.42% | 13.53% | 14.69% |
| 2009 | -16.42% | 18.85% | 16.35% | 3.55% | 19.68% |
| 2008 | -9.66% | -6.09% | -6.58% | -20.54% | -37.02% |
| 2007 | 0.38% | 5.22% | 1.73% | -3.45% | 3.73% |
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Microsoft Corp. | Information Technology | 3.4% |
| Home Depot USA, Inc. | Consumer Discretionary | 2.5% |
| Merck & Co., Inc. | Health Care | 2.5% |
| Intel Corp. | Information Technology | 2.3% |
| Johnson & Johnson, Inc. | Health Care | 2.2% |
| Procter & Gamble Co. | Consumer Staples | 2.1% |
| JPMorgan Chase & Co. | Financials | 2.1% |
| Bank of America Corp. | Financials | 2.0% |
| Verizon Communications, Inc. | Communication Services | 2.0% |
| Chevron Corp. | Energy | 1.9% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
| Holding | Sector | Assets |
|---|
| Microsoft Corp. | Information Technology | 3.3% |
| Procter & Gamble Co. | Consumer Staples | 2.6% |
| Merck & Co., Inc. | Health Care | 2.6% |
| Home Depot USA, Inc. | Consumer Discretionary | 2.3% |
| JPMorgan Chase & Co. | Financials | 2.1% |
| Verizon Communications, Inc. | Communication Services | 2.0% |
| Philip Morris International, Inc. | Consumer Staples | 2.0% |
| Bank of America Corp. | Financials | 2.0% |
| Intel Corp. | Information Technology | 2.0% |
| Mondelez International, Inc. | Consumer Staples | 1.9% |
| CVS Caremark Corp. | Health Care | 1.9% |
| Honeywell International, Inc. | Industrials | 1.8% |
| AT&T, Inc. | Communication Services | 1.7% |
| Coca-Cola Co. | Consumer Staples | 1.7% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.7% |
| Citigroup, Inc. | Financials | 1.7% |
| Comcast Corp. | Communication Services | 1.7% |
| Air Products & Chemicals, Inc. | Materials | 1.7% |
| General Mills, Inc. | Consumer Staples | 1.7% |
| Pfizer, Inc. | Health Care | 1.7% |
| Chevron Corp. | Energy | 1.6% |
| Duke Energy Corp. | Utilities | 1.6% |
| Medtronic, Inc. | Health Care | 1.6% |
| Johnson & Johnson, Inc. | Health Care | 1.6% |
| ProLogis, Inc. | Real Estate | 1.5% |
| Apple, Inc. | Information Technology | 1.5% |
| ACE Ltd. | Financials | 1.5% |
| TJX Cos., Inc. | Consumer Discretionary | 1.4% |
| Norfolk Southern Corp. | Industrials | 1.4% |
| Raytheon Co. | Industrials | 1.3% |
| Union Pacific Corp. | Industrials | 1.3% |
| Amgen, Inc. | Health Care | 1.2% |
| Illinois Tool Works, Inc. | Industrials | 1.2% |
| FirstEnergy Corp. | Utilities | 1.2% |
| Broadcom Inc | Information Technology | 1.2% |
| Lam Research Corp. | Information Technology | 1.2% |
| CMS Energy Corp. | Utilities | 1.2% |
| Crown Castle International Corp. | Real Estate | 1.2% |
| Lowe's Cos, Inc. | Consumer Discretionary | 1.2% |
| Sempra Energy | Utilities | 1.1% |
| Edison International | Utilities | 1.1% |
| Dover Corp. | Industrials | 1.1% |
| Bristol-Myers Squibb Co. | Health Care | 1.1% |
| AbbVie, Inc. | Health Care | 1.0% |
| Analog Devices, Inc. | Information Technology | 1.0% |
| Stanley Black & Decker, Inc. | Industrials | 1.0% |
| Ameriprise Financial, Inc. | Financials | 1.0% |
| Northern Trust Corp. | Financials | 1.0% |
| Alexandria Real Estate Equities, Inc. | Real Estate | 1.0% |
| Ingersoll-Rand plc | Industrials | 1.0% |
| Total S.A. | Energy | 1.0% |
| NextEra Energy, Inc. | Utilities | 0.9% |
| Packaging Corp. of America | Materials | 0.9% |
| Quest Diagnostics, Inc. | Health Care | 0.9% |
| Las Vegas Sands Corp. | Consumer Discretionary | 0.9% |
| Valero Energy Corp. | Energy | 0.9% |
| Sysco Corp. | Consumer Staples | 0.8% |
| American International Group, Inc. | Financials | 0.8% |
| Boston Properties, Inc. | Real Estate | 0.8% |
| ConocoPhillips Co. | Energy | 0.8% |
| Citizens Financial Group, Inc. | Financials | 0.8% |
| PNC Financial Services Group, Inc. | Financials | 0.8% |
| Yum! Brands, Inc. | Consumer Discretionary | 0.8% |
| Hasbro, Inc. | Consumer Discretionary | 0.8% |
| Discover Financial Services | Financials | 0.7% |
| U.S. Bancorp | Financials | 0.7% |
| UDR, Inc. | Real Estate | 0.7% |
| Dow Inc | Materials | 0.7% |
| Interpublic Group of Cos., Inc. | Communication Services | 0.7% |
| Everest Re Group Ltd. | Financials | 0.7% |
| T. Rowe Price Group, Inc. | Financials | 0.7% |
| Cummins, Inc. | Industrials | 0.6% |
| Eastman Chemical Co. | Materials | 0.6% |
| Graphic Packaging Holding Co. | Materials | 0.6% |
| Delta Air Lines, Inc. | Industrials | 0.6% |
| Hubbell, Inc. | Industrials | 0.6% |
| Hartford Financial Services Group, Inc. | Financials | 0.5% |
| ONEOK, Inc. | Energy | 0.5% |
| Schlumberger Ltd. | Energy | 0.4% |
| KeyCorp. | Financials | 0.4% |
| Starwood Property Trust, Inc. | Real Estate | 0.3% |
| Call Money Futures | Undefined | 0.0% |
| Undefined | 0.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 04/30/2020
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
0.8%
|
|
| Real Estate |
 0.2%
|
|
| Utilities |
0.7%
|
|
| Consumer Discretionary |
1.4%
|
|
| Consumer Staples |
1.3%
|
|
| Energy |
0.7%
|
|
| Financials |
0.4%
|
|
| Health Care |
1.4%
|
|
| Industrials |
0.1%
|
|
| Information Technology |
0.5%
|
|
| Materials |
1.2%
|
PORTFOLIO DETAILS as of 04/30/2020
- Total Net Assets
- $5.05 B
- Number of Holdings
- 81
- Weighted Average Market Cap.
- 175.9 B
- P/B Ratio
- 2.3x
- Portfolio Turnover Ratio as of 10/31/2019
- 55.2%
- P/E Ratio
- 15.6x
To view definitions for the above Portfolio Details, Click here.
Weighted Average Market Cap - The average market capitalization of all companies held in the portfolio with each company weighted according to its percent held in the portfolio. The result is based upon a weighted average of the securities held in the fund.
P/B Ratio - A ratio that helps determine whether a stock is undervalued or overvalued. It is calculated by dividing a stock's price per share by its book value per share. The result is based upon a weighted average of the securities held in the fund.
P/E Ratio - Is the weighted average of each holding's P/E ratio (price of a stock divided by its earnings per share). The result is based upon a weighted average of the securities held in the fund.
Portfolio Turnover - This is a measure of the Fund’s trading activity which is computed by taking the lesser of purchases or sales divided by average monthly market value, excluding short-term investments. The resulting percentage represents the percentage of the portfolio’s holdings that have changed over the past year.
Contributors & Detractors as of 03/31/2020
Contributors
| Holding | Contribution |
|---|---|
| Home Depot USA, Inc. | 0.0% |
| PepsiCo, Inc. | 0.0% |
| Kimberly-Clark Corp. | 0.0% |
| LPL Investment Holdings, Inc. | 0.0% |
| Gentex Corp. | 0.0% |
Detractors
| Holding | Contribution |
|---|---|
| Citigroup, Inc. | -1.1% |
| Wells Fargo & Co. | -1.0% |
| Bank of America Corp. | -0.9% |
| ONEOK, Inc. | -0.9% |
| JPMorgan Chase & Co. | -0.8% |
% Contribution reflects the effect of the individual stock's performance on the Fund's overall performance for the period. Individual holdings and their effect on Fund performance may change significantly over time. Investors should consider the overall performance of the Fund before making a decision on whether or not to invest in the Fund.
Attribution Analysis
| Affiliated Fund | Benchmark | Variance | |||||
|---|---|---|---|---|---|---|---|
| Sector | Avg. Weight | Base Return | Avg. Weight | Base Return | Stock Selection | Group Weight | Total |
The total base return displayed for the Fund does not capture daily cash flow and trading activity and therefore is subject to reasonable variance from the Fund's actual return. Please refer to Lord Abbett Affiliated Fund Performance Results for the Fund's longer-term returns. The Fund is actively managed and portfolio characteristics, such as individual holdings and sector weightings, may change significantly over time.
Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.
Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 05/29/2020
- $0.085
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 03/26/2020 | 03/27/2020 | 03/27/2020 | $0.08550 | $11.17 |
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 |
|---|---|---|
| 06/29/2020 | 06/30/2020 | 06/30/2020 |
| 09/28/2020 | 09/29/2020 | 09/29/2020 |
| 12/28/2020 | 12/29/2020 | 12/29/2020 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/20/2019 | 11/21/2019 | $0.2639 | $0.0717 | $0.3356 | $15.36 |
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.
Upcoming Capital Gain Distribution
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 |
|---|---|
| 11/23/2020 | 11/24/2020 |
Fees & Expenses
Fees & Expenses
Fund Documents
Fund Documents
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Summary Prospectus
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Statutory Prospectus
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Prospectus (XBRL)
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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