Affiliated Fund
Daily price w/o sales charge as of 08/04/2020
$13.53
$0.04
YTD Returns w/o sales charge as of 08/04/2020
-13.15%
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 06/30/2020
- Total Net Assets
- $5.16 B
- Inception Date
- 09/28/2007
- Dividend Frequency
- Quarterly
- Fund Expense Ratio
- 0.56%
- Number of Holdings
- 78
Yield
12-Month Dividend Yield 1 as of 08/04/2020
| w/o sales charge | 2.63% |
30-Day Standardized Yield 2 as of 06/30/2020
| 2.49% |
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 | -13.79% | -7.08% | 2.78% | 5.61% | 9.27% | 4.45% |
| Lipper Category Avg. Equity Income Funds | - | - | - | - | - | - |
| Russell 1000® Value Index | -12.95% | -6.01% | 2.70% | 5.36% | 10.12% | 5.09% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
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 | -16.68% | -8.99% | 1.96% | 5.08% | 9.77% | 4.20% |
| Lipper Category Avg. Equity Income Funds | -12.87% | -5.32% | 3.34% | 5.47% | 9.98% | - |
| Russell 1000® Value Index | -16.26% | -8.84% | 1.82% | 4.64% | 10.41% | 4.80% |
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 06/30/2020View Portfolio
| Holding | Assets |
|---|---|
| Microsoft Corp. | 3.7% |
| Home Depot USA, Inc. | 2.7% |
| Apple, Inc. | 2.4% |
| Merck & Co., Inc. | 2.4% |
| Intel Corp. | 2.2% |
| Procter & Gamble Co. | 2.0% |
| Johnson & Johnson, Inc. | 2.0% |
| JPMorgan Chase & Co. | 1.9% |
| Bank of America Corp. | 1.9% |
| Verizon Communications, Inc. | 1.8% |
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 06/30/2020View 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 08/04/2020
| w/o sales charge | 2.63% |
30-Day Standardized Yield 2 as of 06/30/2020
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 2.49% | 2.49% |
Fund Expense Ratio :
0.56%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -13.79% | -7.08% | 2.78% | 5.61% | 9.27% | 4.45% |
| Lipper Category Avg. Equity Income Funds | - | - | - | - | - | - |
| Russell 1000® Value Index | -12.95% | -6.01% | 2.70% | 5.36% | 10.12% | 5.09% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
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 | -16.68% | -8.99% | 1.96% | 5.08% | 9.77% | 4.20% |
| Lipper Category Avg. Equity Income Funds | -12.87% | -5.32% | 3.34% | 5.47% | 9.98% | - |
| Russell 1000® Value Index | -16.26% | -8.84% | 1.82% | 4.64% | 10.41% | 4.80% |
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% | 15.62% | - | - | -13.15% |
| 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 | 3.7% |
| Home Depot USA, Inc. | Consumer Discretionary | 2.7% |
| Apple, Inc. | Information Technology | 2.4% |
| Merck & Co., Inc. | Health Care | 2.4% |
| Intel Corp. | Information Technology | 2.2% |
| Procter & Gamble Co. | Consumer Staples | 2.0% |
| Johnson & Johnson, Inc. | Health Care | 2.0% |
| JPMorgan Chase & Co. | Financials | 1.9% |
| Bank of America Corp. | Financials | 1.9% |
| Verizon Communications, Inc. | Communication Services | 1.8% |
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 | 3.7% |
| Home Depot USA, Inc. | Consumer Discretionary | 2.7% |
| Apple, Inc. | Information Technology | 2.4% |
| Merck & Co., Inc. | Health Care | 2.4% |
| Intel Corp. | Information Technology | 2.2% |
| Procter & Gamble Co. | Consumer Staples | 2.0% |
| Johnson & Johnson, Inc. | Health Care | 2.0% |
| JPMorgan Chase & Co. | Financials | 1.9% |
| Bank of America Corp. | Financials | 1.9% |
| Verizon Communications, Inc. | Communication Services | 1.8% |
| Citigroup, Inc. | Financials | 1.8% |
| Air Products & Chemicals, Inc. | Materials | 1.8% |
| Chevron Corp. | Energy | 1.7% |
| Alexandria Real Estate Equities, Inc. | Real Estate | 1.7% |
| NextEra Energy, Inc. | Utilities | 1.7% |
| Honeywell International, Inc. | Industrials | 1.7% |
| Comcast Corp. | Communication Services | 1.7% |
| Mondelez International, Inc. | Consumer Staples | 1.7% |
| Philip Morris International, Inc. | Consumer Staples | 1.7% |
| Union Pacific Corp. | Industrials | 1.6% |
| Lowe's Cos, Inc. | Consumer Discretionary | 1.6% |
| Lam Research Corp. | Information Technology | 1.6% |
| CVS Caremark Corp. | Health Care | 1.6% |
| ProLogis, Inc. | Real Estate | 1.5% |
| AbbVie, Inc. | Health Care | 1.5% |
| Coca-Cola Co. | Consumer Staples | 1.5% |
| Norfolk Southern Corp. | Industrials | 1.5% |
| Amgen, Inc. | Health Care | 1.4% |
| Bristol-Myers Squibb Co. | Health Care | 1.4% |
| ACE Ltd. | Financials | 1.4% |
| Crown Castle International Corp. | Real Estate | 1.4% |
| Analog Devices, Inc. | Information Technology | 1.4% |
| United Technologies Corp. | Industrials | 1.4% |
| Illinois Tool Works, Inc. | Industrials | 1.4% |
| TJX Cos., Inc. | Consumer Discretionary | 1.4% |
| CMS Energy Corp. | Utilities | 1.4% |
| AT&T, Inc. | Communication Services | 1.3% |
| UnitedHealth Group, Inc. | Health Care | 1.3% |
| Ameriprise Financial, Inc. | Financials | 1.3% |
| Medtronic, Inc. | Health Care | 1.3% |
| Dollar General Corp. | Consumer Discretionary | 1.3% |
| Stanley Black & Decker, Inc. | Industrials | 1.2% |
| Dover Corp. | Industrials | 1.1% |
| FirstEnergy Corp. | Utilities | 1.1% |
| Yum! Brands, Inc. | Consumer Discretionary | 1.1% |
| Texas Instruments, Inc. | Information Technology | 1.1% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.0% |
| General Mills, Inc. | Consumer Staples | 1.0% |
| Lear Corp. | Consumer Discretionary | 1.0% |
| Valero Energy Corp. | Energy | 1.0% |
| Sysco Corp. | Consumer Staples | 1.0% |
| ConocoPhillips Co. | Energy | 0.9% |
| Avery Dennison Corp. | Materials | 0.9% |
| Ingersoll-Rand plc | Industrials | 0.9% |
| Citizens Financial Group, Inc. | Financials | 0.9% |
| Discover Financial Services | Financials | 0.9% |
| UDR, Inc. | Real Estate | 0.9% |
| American International Group, Inc. | Financials | 0.9% |
| AstraZeneca plc | Health Care | 0.9% |
| Total S.A. | Energy | 0.9% |
| Abbott Laboratories | Health Care | 0.9% |
| BlackRock, Inc. | Financials | 0.8% |
| Las Vegas Sands Corp. | Consumer Discretionary | 0.8% |
| PNC Financial Services Group, Inc. | Financials | 0.8% |
| T. Rowe Price Group, Inc. | Financials | 0.8% |
| CME Group, Inc. | Financials | 0.7% |
| Morgan Stanley | Financials | 0.7% |
| Masco Corp. | Industrials | 0.7% |
| ONEOK, Inc. | Energy | 0.7% |
| Everest Re Group Ltd. | Financials | 0.6% |
| Pfizer, Inc. | Health Care | 0.6% |
| Delta Air Lines, Inc. | Industrials | 0.5% |
| Northrop Grumman Corp. | Industrials | 0.5% |
| Hartford Financial Services Group, Inc. | Financials | 0.5% |
| Schlumberger Ltd. | Energy | 0.5% |
| Starwood Property Trust, Inc. | Real Estate | 0.5% |
| Northern Trust Corp. | Financials | 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 06/30/2020
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 1.3%
|
|
| Real Estate |
0.4%
|
|
| Utilities |
3.0%
|
|
| Consumer Discretionary |
2.6%
|
|
| Consumer Staples |
2.6%
|
|
| Energy |
0.5%
|
|
| Financials |
1.1%
|
|
| Health Care |
1.7%
|
|
| Industrials |
0.6%
|
|
| Information Technology |
2.2%
|
|
| Materials |
1.8%
|
PORTFOLIO DETAILS as of 06/30/2020
- Total Net Assets
- $5.16 B
- Number of Holdings
- 78
- Weighted Average Market Cap.
- 202.9 B
- P/B Ratio
- 2.6x
- P/E Ratio
- 17.3x
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 06/30/2020
Contributors
| Holding | Contribution |
|---|---|
| Microsoft Corp. | 1.0% |
| Home Depot USA, Inc. | 0.8% |
| Apple, Inc. | 0.8% |
| Lowe's Cos, Inc. | 0.7% |
| Ameriprise Financial, Inc. | 0.5% |
Detractors
| Holding | Contribution |
|---|---|
| Raytheon Co. | -0.1% |
| CME Group, Inc. | -0.1% |
| Northrop Grumman Corp. | -0.1% |
| Interpublic Group of Cos., Inc. | -0.1% |
| Philip Morris International, Inc. | 0.0% |
% 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 08/04/2020
- $0.170
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 06/29/2020 | 06/30/2020 | 06/30/2020 | $0.08480 | $12.98 |
| 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 |
|---|---|---|
| 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
Download fund documents & literature, create email subscriptions, and place direct mail order
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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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