Image alt tag

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Affiliated Fund

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

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 09/30/2019

Total Net Assets
$6.30 B
Inception Date
03/27/1998
Dividend Frequency
Quarterly
Fund Expense Ratio
0.46%
Number of Holdings
110
Minimum Initial Investment
$1,000,000+

Yield

12-Month Dividend Yield 1 as of 11/13/2019  

w/o sales charge 2.32%

30-Day Standardized Yield 2 as of 10/31/2019  

2.39%

Fund Expense Ratio :

0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/27/1998
w/o sales charge 18.85% 10.99% 11.54% 8.37% 10.99% 6.65%
Lipper Category Avg. Equity Income Funds 18.18% 10.90% 10.51% 7.33% 11.01% -
Russell 1000® Value Index 19.46% 11.21% 10.51% 7.61% 11.96% 6.75%

Fund Expense Ratio :

0.46%

Fund Expense Ratio :

0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/27/1998
w/o sales charge 17.85% 4.39% 10.83% 8.67% 10.57% 6.64%
Lipper Category Avg. Equity Income Funds 16.98% 3.64% 9.46% 7.58% 10.71% -
Russell 1000® Value Index 17.81% 4.00% 9.43% 7.79% 11.46% 6.71%

Fund Expense Ratio :

0.46%

RELATED CONTENT

Time to Rethink Your Approach to Dividend Stocks?
October 7, 2019

A focus on “bond proxy” sectors may cause investors to lose out on potential capital appreciation. We think a different strategy may be in order.

Our Answers to Six Key Valuation Questions
July 15, 2019

Here, we attempt to sort out the current investment environment—and whether select asset classes still present attractive opportunities.

Dividends: Why a Diversified Approach Makes Sense
March 25, 2019

History shows that dividend-paying equities have outperformed over the long term—but chasing just the highest-yielding stocks actually has been a losing strategy.

TEN LARGEST HOLDINGS as of 09/30/2019View Portfolio

Holding Assets
Chevron Corp. 2.8%
Procter & Gamble Co. 2.4%
JPMorgan Chase & Co. 2.1%
Bank of America Corp. 2.1%
Intel Corp. 1.8%
Verizon Communications, Inc. 1.7%
AT&T, Inc. 1.7%
ACE Ltd. 1.6%
Citigroup, Inc. 1.5%
Merck & Co., Inc. 1.5%
% of Total Assets 19.3%

INVESTMENT TEAM

Walter H. Prahl
Walter H. Prahl, Ph.D.

Partner & Director

34 Years of Industry Experience

Marc O. Pavese
Marc O. Pavese, Ph.D.

Partner & Portfolio Manager

19 Years of Industry Experience

David J. Linsen
David J. Linsen, CFA

Partner & Director of U.S. Equities

23 Years of Industry Experience

Darnell Azeez
Darnell Azeez, CFA

Portfolio Manager

17 Years of Industry Experience

Servesh Tiwari
Servesh Tiwari, CFA

Portfolio Manager

16 Years of Industry Experience

Supported By 37 Investment Professionals with 18 Years Avg. Industry Experience

Your Representative

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

Performance

Performance

12-Month Dividend Yield 1 as of 11/13/2019  

w/o sales charge 2.32%

30-Day Standardized Yield 2 as of 10/31/2019  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.39% 2.39%

Fund Expense Ratio :

0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/27/1998
w/o sales charge 18.85% 10.99% 11.54% 8.37% 10.99% 6.65%
Lipper Category Avg. Equity Income Funds 18.18% 10.90% 10.51% 7.33% 11.01% -
Russell 1000® Value Index 19.46% 11.21% 10.51% 7.61% 11.96% 6.75%

Fund Expense Ratio :

0.46%

Fund Expense Ratio :

0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/27/1998
w/o sales charge 17.85% 4.39% 10.83% 8.67% 10.57% 6.64%
Lipper Category Avg. Equity Income Funds 16.98% 3.64% 9.46% 7.58% 10.71% -
Russell 1000® Value Index 17.81% 4.00% 9.43% 7.79% 11.46% 6.71%

Fund Expense Ratio :

0.46%

Year Fund Returns Russell 1000® Value Index
2018 -7.27% -8.27%
2017 16.33% 13.66%
2016 17.72% 17.34%
2015 -3.95% -3.83%
2014 12.23% 13.45%
2013 32.66% 32.53%
2012 16.25% 17.51%
2011 -7.56% 0.39%
2010 14.76% 15.51%
2009 19.82% 19.69%
2008 -36.94% -
2007 4.02% -
2006 18.05% -
2005 3.61% -
2004 13.04% -
2003 31.25% -
2002 -18.43% -
2001 -7.63% -
2000 15.64% -
1999 17.22% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 10.71% 3.86% 2.50% - 21.70%
2018 -2.32% 0.56% 6.57% -11.42% -7.27%
2017 4.14% 2.11% 3.10% 6.10% 16.33%
2016 2.58% 3.28% 3.76% 7.10% 17.72%
2015 0.47% -1.16% -7.49% 4.54% -3.95%
2014 2.27% 4.10% -0.05% 5.47% 12.23%
2013 11.03% 3.92% 4.56% 9.95% 32.66%
2012 12.67% -4.59% 6.66% 1.39% 16.25%
2011 5.65% -2.60% -20.75% 13.35% -7.56%
2010 6.86% -14.32% 10.41% 13.52% 14.76%
2009 -16.37% 18.83% 16.43% 3.55% 19.82%
2008 -9.63% -5.98% -6.61% -20.52% -36.94%
2007 0.40% 5.24% 1.93% -3.42% 4.02%
2006 5.99% -0.38% 5.99% 5.50% 18.05%
2005 -2.56% -0.40% 4.30% 2.36% 3.61%
2004 2.51% 1.21% -1.86% 11.01% 13.04%
2003 -5.40% 18.30% 3.07% 13.79% 31.25%
2002 3.27% -10.93% -19.63% 10.34% -18.43%
2001 -9.42% 5.48% -13.94% 12.33% -7.63%
2000 1.71% -3.10% 8.69% 7.96% 15.64%
1999 2.81% 10.86% -6.59% 10.10% 17.22%
1998 - -0.17% -11.56% 17.35% 3.61%

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioningas of 09/30/2019

  • Merck & Co., Inc., a health solutions provider, is the portfolio’s largest overweight position relative to its benchmark, the Russell 1000® Value Index, as of September 30, 2019. We believe that Merck is well positioned in the growing immune-oncology space with Keytruda, which has continued to gain momentum as follow on studies have shown effectiveness in multiple cancers.
  • Cisco Systems, Inc., an Internet Protocol based networking products and services provider, is another of the portfolio’s overweight positions relative to its benchmark. We believe Cisco Systems has been making notable progress into building a more recurring type of business model by increasing the software and services attach rates, which we believe will add a level of stability to the overall business model over the long term.
  • The portfolio also is overweight in Microsoft Corp., a software developer, relative to the benchmark. We believe Microsoft is attractively positioned for a generational shift to cloud computing thanks to a massive ecosystem, installed bases in Office and omnipresence in large enterprises.

PORTFOLIO DETAILS as of 09/30/2019

Total Net Assets
$6.30 B
Number of Holdings
110
Weighted Average Market Cap.
119.9 B
P/B Ratio
2.3x
P/E Ratio
16.7x

Contributors & Detractors as of  09/30/2019

Contributors

Holding Contribution
Procter & Gamble Co. 0.3%
AT&T, Inc. 0.2%
Lam Research Corp. 0.2%
Medtronic, Inc. 0.2%
ACE Ltd. 0.2%

Detractors

Holding Contribution
Pfizer, Inc. -0.3%
Cisco Systems, Inc. -0.2%
H&R Block, Inc. -0.1%
Chevron Corp. -0.1%
Ford Motor Co. -0.1%

Attribution Analysis 

Affiliated Fund Benchmark Variance
Sector Avg. Weight Base Return Avg. Weight Base Return Stock Selection Group Weight Total

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 11/13/2019
$0.282
Dividend Frequency
Quarterly
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
09/26/2019 09/27/2019 09/27/2019 $0.09460 $15.26
06/27/2019 06/28/2019 06/28/2019 $0.09100 $15.02
03/28/2019 03/29/2019 03/29/2019 $0.09660 $14.55

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
12/26/2019 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 $14.26

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

Fund Documents

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
Brochure
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

Class I - SEC Returns reflect performance for Class I shares at Net Asset Value.

Except as noted below, returns with sales charges reflect a maximum sales charge of 2.50%. There are also ongoing 12b-1 service and distribution fees.

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1.50% if the shares are repurchased before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

Except as noted below, returns with sales charges reflect a maximum sales charge of 2.50%. There are also ongoing 12b-1 service and distribution fees.

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1.50% if the shares are repurchased before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

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

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field