Affiliated Fund

LTFOX

Track this Fund

Add to Hypo Tool

Daily price w/o sales charge as of 06/17/2019

$14.84

$0.05

YTD Returns w/o sales charge as of 06/17/2019

12.50%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

What is the Affiliated Fund?

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.

DIVIDEND PAYERS

True to its mandate, the Affiliated Fund is focused on companies that pay dividends.

VALUE FOCUSED

We believe a professionally-managed approach can identify companies with sustainable dividend policies whose stocks are attractively valued.

GROWTH & INCOME

A portfolio of undervalued dividend-paying stocks may provide investors with long-term growth of capital and current income.

Fund Basicsas of 05/31/2019

Total Net Assets: $5.90 B
Inception Date: 04/05/2017
Dividend Frequency: Quarterly
Fund Expense Ratio: 0.39%
Number of Holdings: 120

Yield

12-Month Dividend Yield ¹ as of 06/17/2019

w/o sales charge

2.52%

30-Day Standardized Yield ² as of 05/31/2019

2.61%

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	7.34%	1.29%	9.14%	7.14%	11.34%	-
Lipper Category Avg. Equity Income Funds	7.87%	1.05%	7.81%	6.09%	11.32%	-
Russell 1000® Value Index	8.45%	1.45%	7.98%	6.53%	12.33%	-

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	10.68%	5.25%	11.19%	8.29%	13.63%	-
Lipper Category Avg. Equity Income Funds	10.95%	5.61%	9.64%	7.23%	13.17%	-
Russell 1000® Value Index	11.93%	5.67%	10.45%	7.72%	14.52%	-

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 05/31/2019View Portfolio

Holding	Assets
Chevron Corp.	2.9%
Merck & Co., Inc.	2.3%
Pfizer, Inc.	2.3%
Procter & Gamble Co.	2.2%
JPMorgan Chase & Co.	2.1%
Bank of America Corp.	2.1%
Cisco Systems, Inc.	2.0%
Intel Corp.	1.9%
Verizon Communications, Inc.	1.7%
Mondelez International, Inc.	1.7%

% of Total Assets		21.1%

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 05/31/2019View Portfolio

Sector	Weighting

Sector	Weighting
Communication Services
Real Estate
Utilities
Consumer Discretionary
Consumer Staples
Energy
Financials
Health Care
Industrials
Information Technology
Materials

INVESTMENT TEAM

Walter H. Prahl, Ph.D.

Partner & Director

34 Years of Industry Experience

Marc Pavese, Ph.D.

Partner & Portfolio Manager

19 Years of Industry Experience

Supported By 38 Investment Professionals with 18 Years Avg. Industry Experience

Your Representative

To contact your representative, enter your zip code and select your channel below.

Performance

12-Month Dividend Yield ¹ as of 06/17/2019

w/o sales charge

2.52%

30-Day Standardized Yield ² as of 05/31/2019

	Subsidized³	Un-Subsidized⁴
w/o sales charge	2.61%	2.61%

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	7.34%	1.29%	9.14%	7.14%	11.34%	-
Lipper Category Avg. Equity Income Funds	7.87%	1.05%	7.81%	6.09%	11.32%	-
Russell 1000® Value Index	8.45%	1.45%	7.98%	6.53%	12.33%	-

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	10.68%	5.25%	11.19%	8.29%	13.63%	-
Lipper Category Avg. Equity Income Funds	10.95%	5.61%	9.64%	7.23%	13.17%	-
Russell 1000® Value Index	11.93%	5.67%	10.45%	7.72%	14.52%	-

Fund Expense Ratio :

0.39%

Returns with sales charges reflect a maximum sales charge of 5.75%.

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	10.68%	-	-	-	12.50%
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

Holding	Sector	Assets

Chevron Corp.	Energy	2.9%
Merck & Co., Inc.	Health Care	2.3%
Pfizer, Inc.	Health Care	2.3%
Procter & Gamble Co.	Consumer Staples	2.2%
JPMorgan Chase & Co.	Financials	2.1%
Bank of America Corp.	Financials	2.1%
Cisco Systems, Inc.	Information Technology	2.0%
Intel Corp.	Information Technology	1.9%
Verizon Communications, Inc.	Communication Services	1.7%
Mondelez International, Inc.	Consumer Staples	1.7%

% of Total Assets		21.1%

Holding	Sector	Assets

Chevron Corp.	Energy	2.8%
Bank of America Corp.	Financials	2.2%
Procter & Gamble Co.	Consumer Staples	2.2%
JPMorgan Chase & Co.	Financials	2.1%
Merck & Co., Inc.	Health Care	2.1%
Intel Corp.	Information Technology	2.1%
Pfizer, Inc.	Health Care	2.1%
Cisco Systems, Inc.	Information Technology	2.0%
Verizon Communications, Inc.	Communication Services	1.7%
Broadcom Inc	Information Technology	1.6%
Mondelez International, Inc.	Consumer Staples	1.6%
Citigroup, Inc.	Financials	1.5%
ACE Ltd.	Financials	1.5%
AT&T, Inc.	Communication Services	1.4%
Medtronic, Inc.	Health Care	1.4%
Comcast Corp.	Consumer Discretionary	1.4%
CME Group, Inc.	Financials	1.4%
Ford Motor Co.	Consumer Discretionary	1.3%
Johnson & Johnson, Inc.	Health Care	1.2%
Duke Energy Corp.	Utilities	1.2%
Valero Energy Corp.	Energy	1.2%
Wal-Mart Stores, Inc.	Consumer Staples	1.2%
Microsoft Corp.	Information Technology	1.1%
Discover Financial Services	Financials	1.1%
ConocoPhillips Co.	Energy	1.1%
Union Pacific Corp.	Industrials	1.0%
United Technologies Corp.	Industrials	1.0%
KeyCorp.	Financials	1.0%
Yum! Brands, Inc.	Consumer Discretionary	1.0%
Lowe's Cos, Inc.	Consumer Discretionary	1.0%
Johnson Controls International plc	Industrials	1.0%
Corning, Inc.	Information Technology	1.0%
Hershey Co.	Consumer Staples	0.9%
Wells Fargo & Co.	Financials	0.9%
Carnival Corp.	Consumer Discretionary	0.9%
Public Service Enterprise Group, Inc.	Utilities	0.9%
Lincoln National Corp.	Financials	0.9%
Citizens Financial Group, Inc.	Financials	0.9%
FirstEnergy Corp.	Utilities	0.9%
Boston Properties, Inc.	Real Estate	0.9%
Boeing Co.	Industrials	0.9%
Schlumberger Ltd.	Energy	0.9%
Arthur J. Gallagher & Co.	Financials	0.9%
Eastman Chemical Co.	Materials	0.8%
Allergan plc	Health Care	0.8%
Packaging Corp. of America	Materials	0.8%
Interpublic Group of Cos., Inc.	Consumer Discretionary	0.8%
Nucor Corp.	Materials	0.8%
Foot Locker, Inc.	Consumer Discretionary	0.8%
Celanese Corp.	Materials	0.8%
UDR, Inc.	Real Estate	0.7%
Hormel Foods Corp.	Consumer Staples	0.7%
Comerica, Inc.	Financials	0.7%
Exxon Mobil Corp.	Energy	0.7%
PepsiCo, Inc.	Consumer Staples	0.7%
AvalonBay Communities, Inc.	Real Estate	0.7%
Sempra Energy	Utilities	0.7%
Kimberly-Clark Corp.	Consumer Staples	0.7%
Evergy Inc	Utilities	0.7%
Edison International	Utilities	0.7%
Travelers Cos, Inc.	Financials	0.7%
Walgreen Co.	Consumer Staples	0.7%
Host Hotels & Resorts, Inc.	Real Estate	0.7%
Stanley Black & Decker, Inc.	Industrials	0.7%
H&R Block, Inc.	Consumer Discretionary	0.6%
DowDuPont Inc	Materials	0.6%
Eaton Corp.	Industrials	0.6%
U.S. Bancorp	Financials	0.6%
ProLogis, Inc.	Real Estate	0.6%
Northrop Grumman Corp.	Industrials	0.6%
CVS Caremark Corp.	Health Care	0.6%
Cummins, Inc.	Industrials	0.6%
Northern Trust Corp.	Financials	0.6%
Xerox Corp.	Information Technology	0.6%
LPL Investment Holdings, Inc.	Financials	0.6%
Prudential Financial, Inc.	Financials	0.6%
Ingersoll-Rand plc	Industrials	0.6%
Philip Morris International, Inc.	Consumer Staples	0.6%
Kinder Morgan, Inc.	Energy	0.6%
Flowserve Corp.	Industrials	0.6%
Coca-Cola Co.	Consumer Staples	0.6%
Kohl's Corp.	Consumer Discretionary	0.6%
Fifth Third Bank	Financials	0.6%
Dunkin' Brands, Inc.	Consumer Discretionary	0.6%
Ameriprise Financial, Inc.	Financials	0.5%
Bristol-Myers Squibb Co.	Health Care	0.5%
Liberty Property Trust	Real Estate	0.5%
Hubbell, Inc.	Industrials	0.5%
Alaska Air Group, Inc.	Industrials	0.5%
Reinsurance Group of America, Inc.	Financials	0.5%
Dominion Resources, Inc.	Utilities	0.5%
Target Corp.	Consumer Discretionary	0.5%
Starwood Property Trust, Inc.	Real Estate	0.5%
Honeywell International, Inc.	Industrials	0.5%
C.H. Robinson Worldwide, Inc.	Industrials	0.4%
Amgen, Inc.	Health Care	0.4%
Graphic Packaging Holding Co.	Materials	0.4%
Xilinx, Inc.	Information Technology	0.4%
ONEOK, Inc.	Energy	0.4%
J.M. Smucker Co.	Consumer Staples	0.4%
Paychex, Inc.	Information Technology	0.4%
Federal Realty Investment Trust	Real Estate	0.4%
NASDAQ OMX Group, Inc.	Financials	0.4%
Dow Inc	Materials	0.4%
Noble Energy, Inc.	Energy	0.4%
Sysco Corp.	Consumer Staples	0.4%
Viacom, Inc.	Communication Services	0.4%
Gentex Corp.	Consumer Discretionary	0.4%
Marathon Petroleum Corp.	Energy	0.3%
PNC Financial Services Group, Inc.	Financials	0.3%
Atmos Energy Corp.	Utilities	0.3%
PPG Industries, Inc.	Materials	0.3%
SAIC, Inc.	Information Technology	0.3%
Royal Caribbean Cruises Ltd.	Consumer Discretionary	0.3%
TD Ameritrade Holding Corp.	Financials	0.3%
Republic Services, Inc.	Industrials	0.3%
NextEra Energy, Inc.	Utilities	0.3%
Duke Realty Corp.	Real Estate	0.3%
Willis Group Holdings	Financials	0.3%
Newell Rubbermaid, Inc.	Consumer Discretionary	0.2%
Emerson Electric Co.	Industrials	0.2%
Axis Capital Holdings Ltd.	Financials	0.1%
Call Money Futures	Undefined	0.0%
S&P 500 E-Mini Futures Jun 2009	Undefined	0.0%

Sector Allocationas of 05/31/2019

Sector	Weighting	Fund Change from Previous Quarter

Sector	Weighting	Fund Change from Previous Quarter
Communication Services		0.1%
Real Estate		0.3%
Utilities		0.6%
Consumer Discretionary		0.1%
Consumer Staples		0.4%
Energy		0.7%
Financials		0.5%
Health Care		0.0%
Industrials		0.9%
Information Technology		0.3%
Materials		0.1%

Portfolio Positioningas of 03/31/2019

Broadcom Ltd., a digital semiconductor connectivity solutions provider, is the Fund's largest overweight position relative to its benchmark, the Russell 1000^® Value Index, as of March 31, 2019. We believe Broadcom’s broad based strength in its semiconductor business and diverse product portfolio may result in an attractive return profile.
Union Pacific Corp., a rail transportation company, is another of the Fund's overweight positions relative to its benchmark. We believe that Union Pacific is attractive because of its diversified revenue mix, significant potential opportunities for margin growth, and strong free cash flow.
The Fund also is overweight in Chevron Corp., an energy company, relative to the benchmark. We have high conviction in Chevron because of its focus on responsible capital spending, shareholder-friendly payout policies, and historically solid execution on growth projects.

PORTFOLIO DETAILS as of 05/31/2019

Total Net Assets: $5.90 B
Number of Holdings: 120
Weighted Average Market Cap.: 112.8 B
P/B Ratio: 2.1x
Portfolio Turnover Ratio as of 10/31/2018: 61.6%
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 03/29/2019

Contributors

Holding	Contribution
Cisco Systems, Inc.	0.5%
Chevron Corp.	0.4%
Intel Corp.	0.4%
Avago Technologies Ltd.	0.3%
Xerox Corp.	0.3%

Detractors

Holding	Contribution
CME Group, Inc.	-0.2%
Kraft Heinz Co.	-0.2%
CVS Caremark Corp.	-0.1%
Alaska Air Group, Inc.	-0.1%
Newell Rubbermaid, Inc.	-0.1%

% 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

for

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.

Please see "About Wilshire Attribution" of the performance attribution displayed above by Click here.

About Wilshire Attribution

The Wilshire Atlas Variance Analysis tool provides a methodology for explaining the difference in performance between a portfolio and its benchmark, based on the decomposition of returns. The user specifies the portfolio, index, link frequency, sector and weighting. The weighting can be shown as beginning, average or end weights and is used for display purposes only.

Average Weight (Portfolio): This is the average weight of each group in the portfolio. Alternatively, the weight at the end of the reporting period, or on average across the reporting period, may be selected.

Base Return (Portfolio): This is the weighted average holding period return for the securities in each group. This weighted average is calculated for each link period using beginning weights and then the resulting values are linked together to calculate the displayed value.

Average Weight (Benchmark): This is the average weight of each group in the benchmark. Alternatively, the weight at the end of the reporting period, or on average across the reporting period, may be selected.

Base Return (Benchmark): This is the weighted average holding period return for the benchmark securities in each group. This weighted average is calculated for each link period using beginning weights, then the resulting values are linked together to calculate the displayed value.

Stock Selection Variance: This is the success of selection decisions within each group versus the benchmark. It is calculated for each link period using the following equation: Stock Selection Variance = WP,G * (RP,G - RB,G), where WP,G = Weight of the group in the portfolio, RP,G = Return of the group in the portfolio, RB,G = Return of the group in the benchmark.

Group Weighting Variance: This is the result of weighting decisions in each group versus the benchmark. It is calculated for each link period using the following equation: Group Weighting Variance = (WP,G – WB,G) * (RB,G – RB,T), where WP,G = Weight of the group in the portfolio, WB,G = Weight of the group in the benchmark, RB,G = Return of the group in the benchmark, RB,T = Overall return of the benchmark.

Total Variance: This is the sum of group weighting and stock selection variances. This represents the amount of total variance that is explained by the selection and allocation decisions for each group.

Wilshire generated returns are calculated gross of fees based on end of day prices and do not capture intraday cash flow, price changes or trading activity, and therefore are subject to some variance from Lord Abbett returns. In addition, Wilshire and Lord Abbett may use different pricing sources and methodologies.

Not Classified securities represent those securities which have not been assigned an official GICS Direct classification. GICS Direct, a joint product of Standard & Poor’s and MSCI, provides industry classifications for more than 40,000 companies and over 45,000 securities. Not Classified securities may include, but are not limited to: Exchange-Traded Funds (ETFs), pink sheet-listed issues, pre-IPO placements, private placements, secondary issues, open-end funds, closed-end funds, and non-operating establishments.

Under certain circumstances, Lord Abbett may elect to have Wilshire map an ETF holding to the relevant characteristics represented by that ETF’s underlying index in order to reflect the exposure and performance contributed by the ETF to the overall portfolio. When this option is selected, Wilshire will remove the ETF from the Not Classified category and instead allocate the ETF’s exposures across the relevant attributes based on the composition of the ETF’s underlying index.

Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.

Dividends & Cap Gains

Dividend Payments

For

YTD Dividends Paidas of 06/17/2019: $0.097
Dividend Frequency: Quarterly

Record Date	Ex-Dividend Date	Reinvest & Payable Date	Dividend	Reinvest Price
03/28/2019	03/29/2019	03/29/2019	$0.09780	$14.60

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
06/27/2019	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

For

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

Record Date	Ex-Dividend Date
11/20/2019	11/21/2019

Fees & Expenses

EXPENSE RATIOas of 05/31/2019

0.39%

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

	0Documents selected				Order
	Summary Prospectus Publish Date:11/03/2015
n/a	Statutory Prospectus Publish Date:11/03/2015
n/a	Prospectus (XBRL) Publish Date:11/03/2015
	SAI Publish Date:11/03/2015
	Annual Report Publish Date:11/03/2015
	Semi-Annual Report Publish Date:11/03/2015
	Fact Sheet Publish Date:11/03/2015
	Commentary Publish Date:11/03/2015
	Flyer Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

	Quantity Quantity	Remove Remove

Proceed to Checkout

(3 items)

View all forms & documents

IMPORTANT INFORMATION

12-Month Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to its value with maximum sales charges and without sales charges. The fund’s dividend yield is calculated by dividing the fund’s income distributions over the previous year by the fund’s current value with maximum sales charges and without sales charges.

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

The 30-day Standardized Subsidized yield reflects fee waivers in effect. Without such fee waivers, yields would be reduced.

IMPORTANT INFORMATION

A Note about Risk: The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies, including market, liquidity, currency, and political risks. Larger companies may be unable to respond quickly to certain market developments and may have slower rates of growth as compared to smaller successful companies. A company's dividend payments may vary over time, and there is no guarantee that a company will pay a dividend at all. These factors can adversely affect Fund performance. Investments in value companies can continue to be undervalued for long periods of time and be more volatile than the stock market in general.

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

Class F3 - The inception date for Class F3 shares is April 4, 2017. The performance quotations for Class F3 are based on the following methods of calculation: (a) for periods prior to June 30, 2015, a figure is used based on the historical performance of the Fund’s Class I Shares, since inception, restated to reflect all charges and fees applicable to Class F3 shares; (b) for periods prior to April 4, 2017 but after June 30, 2015, performance is based on the historical performance of the Fund’s Class R6 shares, which have an equivalent expense ratio to the Fund’s F3 shares; and (c) for periods after April 4, 2017, actual Class F3 performance is used, which reflects all charges and fees applicable to Class F3 shares.

Class F3 shares are only offered to certain eligible investors. For additional information, see the Fund’s current prospectus.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

Returns shown at less than a year reflect aggregate total returns.

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

The Russell 1000® Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Featured Video

Fund finder

Lord Abbett aspires to be the most respected asset manager in the world. Rooted in the values that have shaped the firm since our founding in 1929, our vision continues to guide our actions and strengthen our culture.

Career Opportunities

Error!

Error!

Error!

Tracked Funds

Quick Links

Pending Orders

LOG IN TO CONTINUE

LOG IN

QUICK LINKS

Financial Professional

Verify Your Email Address

I have not received my verification email.

I'm still having trouble

REGISTER AT LORDABBETT.COM

FORGOT YOUR LORDABBETT.COM PASSWORD?

Financial Professionals

Forgot Password

Thank you.

Financial Professional*

ACCESS OTHER ACCOUNTS

Individual Investors

Small Business Plan Sponsors

Reset Your Password

Financial Professionals*

Confirmation Message

Share

Summary

Summary

What is the Affiliated Fund?

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.

DIVIDEND PAYERS

VALUE FOCUSED

GROWTH & INCOME

Fund Basicsas of 05/31/2019

Yield

12-Month Dividend Yield 1 as of 06/17/2019

30-Day Standardized Yield 2 as of 05/31/2019

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

RELATED CONTENT

TEN LARGEST HOLDINGS as of 05/31/2019View Portfolio

Sector Allocationas of 05/31/2019View Portfolio

INVESTMENT TEAM

Your Representative

Performance

Performance

12-Month Dividend Yield 1 as of 06/17/2019

30-Day Standardized Yield 2 as of 05/31/2019

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

Fund Expense Ratio :

0.39%

NAV HISTORICAL PRICES

Portfolio

Portfolio

Sector Allocationas of 05/31/2019

Portfolio Positioningas of 03/31/2019

PORTFOLIO DETAILS as of 05/31/2019

Contributors & Detractors as of 03/29/2019

Contributors

Detractors

Attribution Analysis

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Upcoming Dividend Payment Dates

12-Month Dividend Yield ¹ as of 06/17/2019

30-Day Standardized Yield ² as of 05/31/2019

12-Month Dividend Yield ¹ as of 06/17/2019

30-Day Standardized Yield ² as of 05/31/2019