Affiliated Fund
Daily price w/o sales charge as of 02/15/2019
$14.67
$0.19
YTD Returns w/o sales charge as of 02/15/2019
10.47%
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 12/31/2018
- Total Net Assets
- $5.70 B
- Inception Date
- 04/05/2017
- Dividend Frequency
- Quarterly
- Fund Expense Ratio
- 0.39%
- Number of Holdings
- 127
- CUSIP
- 544001845
Yield
12-Month Dividend Yield 1 as of 02/15/2019
| w/o sales charge | 2.52% |
30-Day Standardized Yield 2 as of 01/31/2019
| 2.58% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.39%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 7.23% | -4.41% | 12.80% | 8.94% | 13.07% | - |
| Lipper Category Avg. Equity Income Funds | 6.90% | -4.49% | 10.77% | 7.60% | 12.32% | - |
| Russell 1000® Value Index | 7.78% | -4.81% | 11.62% | 8.33% | 13.39% | - |
Fund Expense Ratio :
0.39%
Fund Expense Ratio :
0.39%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -7.09% | -7.09% | 8.41% | 6.60% | 10.49% | - |
| Lipper Category Avg. Equity Income Funds | -7.24% | -7.24% | 6.88% | 5.44% | 10.60% | - |
| Russell 1000® Value Index | -8.27% | -8.27% | 6.95% | 5.95% | 11.18% | - |
Fund Expense Ratio :
0.39%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
TEN LARGEST HOLDINGS as of 12/31/2018View Portfolio
| Holding | Assets |
|---|---|
| Chevron Corp. | 2.9% |
| Merck & Co., Inc. | 2.6% |
| Pfizer, Inc. | 2.6% |
| Intel Corp. | 2.5% |
| JPMorgan Chase & Co. | 2.5% |
| Bank of America Corp. | 2.1% |
| Cisco Systems, Inc. | 2.0% |
| Verizon Communications, Inc. | 2.0% |
| Medtronic, Inc. | 1.7% |
| CME Group, Inc. | 1.7% |
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 12/31/2018View 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 02/15/2019
| w/o sales charge | 2.52% |
30-Day Standardized Yield 2 as of 01/31/2019
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 2.58% | 2.58% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.39%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 7.23% | -4.41% | 12.80% | 8.94% | 13.07% | - |
| Lipper Category Avg. Equity Income Funds | 6.90% | -4.49% | 10.77% | 7.60% | 12.32% | - |
| Russell 1000® Value Index | 7.78% | -4.81% | 11.62% | 8.33% | 13.39% | - |
Fund Expense Ratio :
0.39%
Fund Expense Ratio :
0.39%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -7.09% | -7.09% | 8.41% | 6.60% | 10.49% | - |
| Lipper Category Avg. Equity Income Funds | -7.24% | -7.24% | 6.88% | 5.44% | 10.60% | - |
| Russell 1000® Value Index | -8.27% | -8.27% | 6.95% | 5.95% | 11.18% | - |
Fund Expense Ratio :
0.39%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
| Year | Fund Returns | Russell 1000® Value Index |
|---|
| 2018 | -7.09% | -8.27% |
| 2017 | 16.40% | 13.66% |
| 2016 | 17.83% | 17.34% |
| 2015 | -3.83% | -3.83% |
| 2014 | 12.34% | 13.45% |
| 2013 | 32.80% | 32.53% |
| 2012 | 16.36% | 17.51% |
| 2011 | -7.47% | 0.39% |
| 2010 | 14.87% | 15.51% |
| 2009 | 19.94% | 19.69% |
| 2008 | -36.87% | - |
| 2007 | 4.13% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2019 | - | - | - | - | 10.47% |
| 2018 | -2.30% | 0.57% | 6.63% | -11.32% | -7.09% |
| 2017 | 4.15% | 2.12% | 3.10% | 6.16% | 16.40% |
| 2016 | 2.59% | 3.28% | 3.83% | 7.10% | 17.83% |
| 2015 | 0.50% | -1.14% | -7.49% | 4.62% | -3.83% |
| 2014 | 2.30% | 4.13% | -0.02% | 5.49% | 12.34% |
| 2013 | 11.06% | 3.95% | 4.59% | 9.98% | 32.80% |
| 2012 | 12.69% | -4.57% | 6.69% | 1.41% | 16.36% |
| 2011 | 5.68% | -2.57% | -20.73% | 13.37% | -7.47% |
| 2010 | 6.89% | -14.30% | 10.44% | 13.55% | 14.87% |
| 2009 | -16.35% | 18.86% | 16.46% | 3.58% | 19.94% |
| 2008 | -9.60% | -5.95% | -6.59% | -20.51% | -36.87% |
| 2007 | 0.43% | 5.27% | 1.95% | -3.39% | 4.13% |
| 2006 | - | - | - | 5.52% | - |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Chevron Corp. | Energy | 2.9% |
| Merck & Co., Inc. | Health Care | 2.6% |
| Pfizer, Inc. | Health Care | 2.6% |
| Intel Corp. | Information Technology | 2.5% |
| JPMorgan Chase & Co. | Financials | 2.5% |
| Bank of America Corp. | Financials | 2.1% |
| Cisco Systems, Inc. | Information Technology | 2.0% |
| Verizon Communications, Inc. | Communication Services | 2.0% |
| Medtronic, Inc. | Health Care | 1.7% |
| CME Group, Inc. | Financials | 1.7% |
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 |
|---|
| Chevron Corp. | Energy | 2.9% |
| Merck & Co., Inc. | Health Care | 2.6% |
| Pfizer, Inc. | Health Care | 2.6% |
| Intel Corp. | Information Technology | 2.5% |
| JPMorgan Chase & Co. | Financials | 2.5% |
| Bank of America Corp. | Financials | 2.1% |
| Cisco Systems, Inc. | Information Technology | 2.0% |
| Verizon Communications, Inc. | Communication Services | 2.0% |
| Medtronic, Inc. | Health Care | 1.7% |
| CME Group, Inc. | Financials | 1.7% |
| Procter & Gamble Co. | Consumer Staples | 1.6% |
| Broadcom Inc | Information Technology | 1.6% |
| ConocoPhillips Co. | Energy | 1.5% |
| AT&T, Inc. | Communication Services | 1.5% |
| Johnson & Johnson, Inc. | Health Care | 1.4% |
| Duke Energy Corp. | Utilities | 1.3% |
| Abbott Laboratories | Health Care | 1.3% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.3% |
| Comcast Corp. | Consumer Discretionary | 1.3% |
| Union Pacific Corp. | Industrials | 1.2% |
| Walgreen Co. | Consumer Staples | 1.2% |
| Valero Energy Corp. | Energy | 1.2% |
| U.S. Bancorp | Financials | 1.2% |
| Microsoft Corp. | Information Technology | 1.0% |
| Sempra Energy | Utilities | 1.0% |
| DowDuPont Inc | Materials | 1.0% |
| KeyCorp. | Financials | 1.0% |
| Carnival Corp. | Consumer Discretionary | 1.0% |
| Discover Financial Services | Financials | 1.0% |
| Kimberly-Clark Corp. | Consumer Staples | 1.0% |
| Coca-Cola Co. | Consumer Staples | 0.9% |
| ACE Ltd. | Financials | 0.9% |
| Hormel Foods Corp. | Consumer Staples | 0.9% |
| Citizens Financial Group, Inc. | Financials | 0.9% |
| Nucor Corp. | Materials | 0.9% |
| Hershey Co. | Consumer Staples | 0.9% |
| Johnson Controls International plc | Industrials | 0.9% |
| United Technologies Corp. | Industrials | 0.9% |
| Ford Motor Co. | Consumer Discretionary | 0.9% |
| Lincoln National Corp. | Financials | 0.9% |
| Dominion Resources, Inc. | Utilities | 0.9% |
| Schlumberger Ltd. | Energy | 0.8% |
| C.H. Robinson Worldwide, Inc. | Industrials | 0.8% |
| CVS Caremark Corp. | Health Care | 0.8% |
| Evergy Inc | Utilities | 0.8% |
| Kraft Heinz Co. | Consumer Staples | 0.8% |
| PPL Corp. | Utilities | 0.8% |
| Yum! Brands, Inc. | Consumer Discretionary | 0.8% |
| Packaging Corp. of America | Materials | 0.8% |
| Comerica, Inc. | Financials | 0.7% |
| Ventas, Inc. | Real Estate | 0.7% |
| Stanley Black & Decker, Inc. | Industrials | 0.7% |
| Celanese Corp. | Materials | 0.7% |
| Ameriprise Financial, Inc. | Financials | 0.7% |
| Travelers Cos, Inc. | Financials | 0.7% |
| H&R Block, Inc. | Consumer Discretionary | 0.7% |
| Interpublic Group of Cos., Inc. | Consumer Discretionary | 0.7% |
| Exxon Mobil Corp. | Energy | 0.7% |
| Host Hotels & Resorts, Inc. | Real Estate | 0.7% |
| PNC Financial Services Group, Inc. | Financials | 0.7% |
| Mondelez International, Inc. | Consumer Staples | 0.7% |
| Northrop Grumman Corp. | Industrials | 0.6% |
| Public Service Enterprise Group, Inc. | Utilities | 0.6% |
| Apple, Inc. | Information Technology | 0.6% |
| Corning, Inc. | Information Technology | 0.6% |
| TJX Cos., Inc. | Consumer Discretionary | 0.6% |
| Eaton Corp. | Industrials | 0.6% |
| Kohl's Corp. | Consumer Discretionary | 0.6% |
| Duke Realty Corp. | Real Estate | 0.6% |
| UDR, Inc. | Real Estate | 0.6% |
| Quest Diagnostics, Inc. | Health Care | 0.6% |
| Tractor Supply Co. | Consumer Discretionary | 0.6% |
| LPL Investment Holdings, Inc. | Financials | 0.6% |
| Cummins, Inc. | Industrials | 0.6% |
| Boston Properties, Inc. | Real Estate | 0.6% |
| Bristol-Myers Squibb Co. | Health Care | 0.5% |
| Republic Services, Inc. | Industrials | 0.5% |
| Amgen, Inc. | Health Care | 0.5% |
| Arthur J. Gallagher & Co. | Financials | 0.5% |
| Hubbell, Inc. | Industrials | 0.5% |
| Fifth Third Bank | Financials | 0.5% |
| Prudential Financial, Inc. | Financials | 0.5% |
| Sysco Corp. | Consumer Staples | 0.5% |
| Eastman Chemical Co. | Materials | 0.5% |
| Flowserve Corp. | Industrials | 0.5% |
| Federal Realty Investment Trust | Real Estate | 0.5% |
| Kinder Morgan, Inc. | Energy | 0.5% |
| Ingersoll-Rand plc | Industrials | 0.5% |
| Target Corp. | Consumer Discretionary | 0.5% |
| Xerox Corp. | Information Technology | 0.5% |
| Citigroup, Inc. | Financials | 0.4% |
| Hartford Financial Services Group, Inc. | Financials | 0.4% |
| Starwood Property Trust, Inc. | Real Estate | 0.4% |
| Gentex Corp. | Consumer Discretionary | 0.4% |
| Essex Property Trust, Inc. | Real Estate | 0.4% |
| Philip Morris International, Inc. | Consumer Staples | 0.4% |
| FirstEnergy Corp. | Utilities | 0.4% |
| Fidelity National Financial Group | Financials | 0.4% |
| Old Republic International Corp. | Financials | 0.4% |
| Honeywell International, Inc. | Industrials | 0.4% |
| Viacom, Inc. | Communication Services | 0.4% |
| Graphic Packaging Holding Co. | Materials | 0.4% |
| Marathon Petroleum Corp. | Energy | 0.4% |
| J.M. Smucker Co. | Consumer Staples | 0.4% |
| Newell Rubbermaid, Inc. | Consumer Discretionary | 0.4% |
| Raytheon Co. | Industrials | 0.3% |
| Williams Cos., Inc. | Energy | 0.3% |
| Emerson Electric Co. | Industrials | 0.3% |
| Unum Group | Financials | 0.3% |
| PPG Industries, Inc. | Materials | 0.3% |
| TD Ameritrade Holding Corp. | Financials | 0.3% |
| Axis Capital Holdings Ltd. | Financials | 0.3% |
| Royal Caribbean Cruises Ltd. | Consumer Discretionary | 0.3% |
| NASDAQ OMX Group, Inc. | Financials | 0.3% |
| Dunkin' Brands, Inc. | Consumer Discretionary | 0.3% |
| ProLogis, Inc. | Real Estate | 0.3% |
| Archer-Daniels-Midland Co. | Consumer Staples | 0.3% |
| Vornado Realty Trust | Real Estate | 0.3% |
| SAIC, Inc. | Information Technology | 0.2% |
| Northern Trust Corp. | Financials | 0.2% |
| Texas Instruments, Inc. | Information Technology | 0.2% |
| Sabre Corp. | Information Technology | 0.2% |
| Home Depot USA, Inc. | Consumer Discretionary | 0.2% |
| QUALCOMM, Inc. | Information Technology | 0.2% |
| PepsiCo, Inc. | Consumer Staples | 0.2% |
| KAR Auction Services, Inc. | Industrials | 0.2% |
| Call Money Futures | Undefined | 0.0% |
| S&P500 EMINI FUT MAR19 | 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 12/31/2018
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
0.3%
|
|
| Real Estate |
0.5%
|
|
| Utilities |
0.3%
|
|
| Consumer Discretionary |
0.2%
|
|
| Consumer Staples |
0.9%
|
|
| Energy |
 1.1%
|
|
| Financials |
0.7%
|
|
| Health Care |
1.1%
|
|
| Industrials |
1.1%
|
|
| Information Technology |
0.2%
|
|
| Materials |
0.1%
|
PORTFOLIO DETAILS as of 12/31/2018
- Total Net Assets
- $5.70 B
- Number of Holdings
- 127
- Weighted Average Market Cap.
- 108.6 B
- P/B Ratio
- 2.1x
- Portfolio Turnover Ratio as of 10/31/2018
- 61.6%
- P/E Ratio
- 13.5x
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 12/31/2018
Contributors
| Holding | Contribution |
|---|---|
| Merck & Co., Inc. | 0.2% |
| CME Group, Inc. | 0.2% |
| Procter & Gamble Co. | 0.1% |
| Verizon Communications, Inc. | 0.1% |
| Duke Energy Corp. | 0.1% |
Detractors
| Holding | Contribution |
|---|---|
| Valero Energy Corp. | -0.5% |
| Schlumberger Ltd. | -0.5% |
| Bank of America Corp. | -0.3% |
| JPMorgan Chase & Co. | -0.3% |
| ConocoPhillips Co. | -0.3% |
% 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 02/15/2019
- $0
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 12/26/2018 | 12/27/2018 | 12/27/2018 | $0.08600 | $13.19 |
| 09/27/2018 | 09/28/2018 | 09/28/2018 | $0.09270 | $16.36 |
| 06/28/2018 | 06/29/2018 | 06/29/2018 | $0.09740 | $15.43 |
| 03/28/2018 | 03/29/2018 | 03/29/2018 | $0.09380 | $15.44 |
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 |
|---|---|---|
| 03/28/2019 | 03/29/2019 | 03/29/2019 |
| 06/27/2019 | 06/28/2019 | 06/28/2019 |
| 09/26/2019 | 09/27/2019 | 09/27/2019 |
| 12/26/2019 | 12/27/2019 | 12/27/2019 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/19/2018 | 11/20/2018 | $0.8245 | $0.3982 | $1.2227 | $14.31 |
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 |
|---|---|
| 11/20/2019 | 11/21/2019 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 01/31/2019
| 0.39% |
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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Prospectus (XBRL)
Publish Date:11/03/2015
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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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