Affiliated Fund
Daily price w/o sales charge as of 12/13/2018
$14.08
$0.02
YTD Returns w/o sales charge as of 12/13/2018
-2.13%
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 10/31/2018
- Total Net Assets
- $6.31 B
- Inception Date
- 04/05/2017
- Dividend Frequency
- Quarterly
- Fund Expense Ratio
- 0.38%
- Number of Holdings
- 126
- CUSIP
- 544001845
Yield
12-Month Dividend Yield 1 as of 12/13/2018
| w/o sales charge | 2.69% |
30-Day Standardized Yield 2 as of 11/30/2018
| 2.57% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.38%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 2.45% | 4.11% | 11.28% | 9.15% | 11.87% | - |
| Lipper Category Avg. Equity Income Funds | 1.37% | 2.65% | 9.38% | 7.74% | 11.85% | - |
| Russell 1000® Value Index | 1.48% | 2.96% | 9.82% | 8.65% | 12.46% | - |
Fund Expense Ratio :
0.38%
Fund Expense Ratio :
0.38%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 4.76% | 11.21% | 14.56% | 11.29% | 9.29% | - |
| Lipper Category Avg. Equity Income Funds | 4.74% | 10.58% | 13.03% | 9.74% | 9.57% | - |
| Russell 1000® Value Index | 3.92% | 9.45% | 13.55% | 10.72% | 9.79% | - |
Fund Expense Ratio :
0.38%
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 10/31/2018View Portfolio
| Holding | Assets |
|---|---|
| Chevron Corp. | 2.8% |
| Pfizer, Inc. | 2.7% |
| JPMorgan Chase & Co. | 2.7% |
| Intel Corp. | 2.3% |
| Merck & Co., Inc. | 2.3% |
| Bank of America Corp. | 2.2% |
| Cisco Systems, Inc. | 1.9% |
| Verizon Communications, Inc. | 1.9% |
| ConocoPhillips Co. | 1.6% |
| United Technologies Corp. | 1.6% |
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 10/31/2018View 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 12/13/2018
| w/o sales charge | 2.69% |
30-Day Standardized Yield 2 as of 11/30/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 2.57% | 2.57% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.38%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 2.45% | 4.11% | 11.28% | 9.15% | 11.87% | - |
| Lipper Category Avg. Equity Income Funds | 1.37% | 2.65% | 9.38% | 7.74% | 11.85% | - |
| Russell 1000® Value Index | 1.48% | 2.96% | 9.82% | 8.65% | 12.46% | - |
Fund Expense Ratio :
0.38%
Fund Expense Ratio :
0.38%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 4.76% | 11.21% | 14.56% | 11.29% | 9.29% | - |
| Lipper Category Avg. Equity Income Funds | 4.74% | 10.58% | 13.03% | 9.74% | 9.57% | - |
| Russell 1000® Value Index | 3.92% | 9.45% | 13.55% | 10.72% | 9.79% | - |
Fund Expense Ratio :
0.38%
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 |
|---|
| 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% | -36.85% |
| 2007 | 4.13% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2018 | -2.30% | 0.57% | 6.63% | - | -2.13% |
| 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 | 2.8% |
| Pfizer, Inc. | Health Care | 2.7% |
| JPMorgan Chase & Co. | Financials | 2.7% |
| Intel Corp. | Information Technology | 2.3% |
| Merck & Co., Inc. | Health Care | 2.3% |
| Bank of America Corp. | Financials | 2.2% |
| Cisco Systems, Inc. | Information Technology | 1.9% |
| Verizon Communications, Inc. | Communication Services | 1.9% |
| ConocoPhillips Co. | Energy | 1.6% |
| United Technologies Corp. | Industrials | 1.6% |
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 | 2.8% |
| Pfizer, Inc. | Health Care | 2.7% |
| JPMorgan Chase & Co. | Financials | 2.7% |
| Intel Corp. | Information Technology | 2.3% |
| Merck & Co., Inc. | Health Care | 2.3% |
| Bank of America Corp. | Financials | 2.2% |
| Cisco Systems, Inc. | Information Technology | 1.9% |
| Verizon Communications, Inc. | Communication Services | 1.9% |
| ConocoPhillips Co. | Energy | 1.6% |
| United Technologies Corp. | Industrials | 1.6% |
| AT&T, Inc. | Communication Services | 1.5% |
| CME Group, Inc. | Financials | 1.5% |
| Procter & Gamble Co. | Consumer Staples | 1.4% |
| Medtronic, Inc. | Health Care | 1.4% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.4% |
| Valero Energy Corp. | Energy | 1.3% |
| Comcast Corp. | Consumer Discretionary | 1.3% |
| Walgreen Co. | Consumer Staples | 1.3% |
| Johnson & Johnson, Inc. | Health Care | 1.3% |
| Broadcom Inc | Information Technology | 1.2% |
| U.S. Bancorp | Financials | 1.2% |
| Union Pacific Corp. | Industrials | 1.2% |
| Duke Energy Corp. | Utilities | 1.2% |
| Abbott Laboratories | Health Care | 1.2% |
| KeyCorp. | Financials | 1.2% |
| Schlumberger Ltd. | Energy | 1.1% |
| Citizens Financial Group, Inc. | Financials | 1.1% |
| Discover Financial Services | Financials | 1.1% |
| Carnival Corp. | Consumer Discretionary | 1.1% |
| Microsoft Corp. | Information Technology | 1.0% |
| Ford Motor Co. | Consumer Discretionary | 1.0% |
| Dominion Resources, Inc. | Utilities | 1.0% |
| Sempra Energy | Utilities | 1.0% |
| Kraft Heinz Co. | Consumer Staples | 1.0% |
| Nucor Corp. | Materials | 1.0% |
| Hormel Foods Corp. | Consumer Staples | 0.9% |
| DowDuPont Inc | Materials | 0.9% |
| Essex Property Trust, Inc. | Real Estate | 0.9% |
| Coca-Cola Co. | Consumer Staples | 0.9% |
| Johnson Controls International plc | Industrials | 0.9% |
| Lincoln National Corp. | Financials | 0.9% |
| NetApp, Inc. | Information Technology | 0.8% |
| C.H. Robinson Worldwide, Inc. | Industrials | 0.8% |
| ACE Ltd. | Financials | 0.8% |
| Kimberly-Clark Corp. | Consumer Staples | 0.8% |
| Ameriprise Financial, Inc. | Financials | 0.8% |
| Tractor Supply Co. | Consumer Discretionary | 0.8% |
| PPL Corp. | Utilities | 0.8% |
| Packaging Corp. of America | Materials | 0.8% |
| Evergy Inc | Utilities | 0.7% |
| Exxon Mobil Corp. | Energy | 0.7% |
| Quest Diagnostics, Inc. | Health Care | 0.7% |
| Yum! Brands, Inc. | Consumer Discretionary | 0.7% |
| Interpublic Group of Cos., Inc. | Consumer Discretionary | 0.7% |
| Celanese Corp. | Materials | 0.7% |
| Host Hotels & Resorts, Inc. | Real Estate | 0.7% |
| Comerica, Inc. | Financials | 0.7% |
| TJX Cos., Inc. | Consumer Discretionary | 0.7% |
| Exelon Corp. | Utilities | 0.7% |
| Travelers Cos, Inc. | Financials | 0.7% |
| H&R Block, Inc. | Consumer Discretionary | 0.7% |
| Home Depot USA, Inc. | Consumer Discretionary | 0.7% |
| Archer-Daniels-Midland Co. | Consumer Staples | 0.6% |
| Mondelez International, Inc. | Consumer Staples | 0.6% |
| Philip Morris International, Inc. | Consumer Staples | 0.6% |
| PNC Financial Services Group, Inc. | Financials | 0.6% |
| Eaton Corp. | Industrials | 0.6% |
| Hartford Financial Services Group, Inc. | Financials | 0.6% |
| Xerox Corp. | Information Technology | 0.6% |
| Kohl's Corp. | Consumer Discretionary | 0.6% |
| Sysco Corp. | Consumer Staples | 0.6% |
| Duke Realty Corp. | Real Estate | 0.6% |
| CVS Caremark Corp. | Health Care | 0.6% |
| Flowserve Corp. | Industrials | 0.6% |
| Prudential Financial, Inc. | Financials | 0.6% |
| Apple, Inc. | Information Technology | 0.6% |
| Caterpillar, Inc. | Industrials | 0.5% |
| UDR, Inc. | Real Estate | 0.5% |
| Cummins, Inc. | Industrials | 0.5% |
| Fifth Third Bank | Financials | 0.5% |
| LPL Investment Holdings, Inc. | Financials | 0.5% |
| Citigroup, Inc. | Financials | 0.5% |
| Kinder Morgan, Inc. | Energy | 0.5% |
| Republic Services, Inc. | Industrials | 0.5% |
| Hubbell, Inc. | Industrials | 0.5% |
| Bristol-Myers Squibb Co. | Health Care | 0.5% |
| Amgen, Inc. | Health Care | 0.5% |
| Federal Realty Investment Trust | Real Estate | 0.5% |
| Stanley Black & Decker, Inc. | Industrials | 0.5% |
| Fidelity National Financial Group | Financials | 0.5% |
| Eastman Chemical Co. | Materials | 0.5% |
| Viacom, Inc. | Communication Services | 0.4% |
| Starwood Property Trust, Inc. | Real Estate | 0.4% |
| Marathon Petroleum Corp. | Energy | 0.4% |
| Gentex Corp. | Consumer Discretionary | 0.4% |
| J.M. Smucker Co. | Consumer Staples | 0.4% |
| Honeywell International, Inc. | Industrials | 0.4% |
| Old Republic International Corp. | Financials | 0.4% |
| Kellogg Co. | Consumer Staples | 0.4% |
| Texas Instruments, Inc. | Information Technology | 0.4% |
| Graphic Packaging Holding Co. | Materials | 0.4% |
| Unum Group | Financials | 0.4% |
| SL Green Realty Corp. | Real Estate | 0.4% |
| Raytheon Co. | Industrials | 0.4% |
| KAR Auction Services, Inc. | Industrials | 0.3% |
| Williams Cos., Inc. | Energy | 0.3% |
| Emerson Electric Co. | Industrials | 0.3% |
| Sabre Corp. | Information Technology | 0.3% |
| T. Rowe Price Group, Inc. | Financials | 0.3% |
| Boston Properties, Inc. | Real Estate | 0.3% |
| Axis Capital Holdings Ltd. | Financials | 0.3% |
| TD Ameritrade Holding Corp. | Financials | 0.3% |
| Dover Corp. | Industrials | 0.3% |
| SAIC, Inc. | Information Technology | 0.3% |
| ProLogis, Inc. | Real Estate | 0.3% |
| Newell Rubbermaid, Inc. | Consumer Discretionary | 0.3% |
| Dunkin' Brands, Inc. | Consumer Discretionary | 0.3% |
| Vornado Realty Trust | Real Estate | 0.3% |
| Northern Trust Corp. | Financials | 0.3% |
| Lazard Ltd. | Financials | 0.2% |
| Public Service Enterprise Group, Inc. | Utilities | 0.2% |
| QUALCOMM, Inc. | Information Technology | 0.2% |
| PPG Industries, Inc. | Materials | 0.2% |
| Royal Caribbean Cruises Ltd. | Consumer Discretionary | 0.2% |
| Ryder System, Inc. | Industrials | 0.1% |
| Call Money Futures | Undefined | 0.0% |
| S&P 500 E-Mini Futures Dec 2018 | 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 10/31/2018
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.4%
|
|
| Real Estate |
0.3%
|
|
| Utilities | 0.0% | |
| Consumer Discretionary |
0.3%
|
|
| Consumer Staples |
0.8%
|
|
| Energy |
0.6%
|
|
| Financials |
0.2%
|
|
| Health Care |
0.1%
|
|
| Industrials |
0.7%
|
|
| Information Technology |
0.2%
|
|
| Materials |
0.3%
|
PORTFOLIO DETAILS as of 10/31/2018
- Total Net Assets
- $6.31 B
- Number of Holdings
- 126
- Weighted Average Market Cap.
- 115.5 B
- P/B Ratio
- 2.3x
- Portfolio Turnover Ratio as of 10/31/2017
- 68.5%
- P/E Ratio
- 14.8x
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 09/28/2018
Contributors
| Holding | Contribution |
|---|---|
| Pfizer, Inc. | 0.6% |
| Merck & Co., Inc. | 0.3% |
| Cisco Systems, Inc. | 0.3% |
| Abbott Laboratories | 0.3% |
| JPMorgan Chase & Co. | 0.2% |
Detractors
| Holding | Contribution |
|---|---|
| Ford Motor Co. | -0.2% |
| Kraft Heinz Co. | -0.1% |
| Intel Corp. | -0.1% |
| Schlumberger Ltd. | -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
| 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 12/13/2018
- $0.283
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 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 |
|---|---|---|
| 12/26/2018 | 12/27/2018 | 12/27/2018 |
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.
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 11/30/2018
| 0.38% |
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
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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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Flyer
Publish Date:11/03/2015
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