Affiliated Fund
Daily price w/o sales charge as of 11/29/2023
$15.97
$0.03
YTD Returns w/o sales charge as of 11/29/2023
4.28%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 10/31/2023
- Total Net Assets
- $4.91 B
- Inception Date
- 11/24/1997
- Dividend Frequency
- Quarterly
- Fund Gross Expense Ratio
- 0.92%
- Fund Net Expense Ratio
- 0.92%
- Number of Holdings
- 64
Yield
12-Month Dividend Yield 1 as of 11/29/2023
| w/o sales charge | 1.56% |
30-Day Standardized Yield 2 as of 10/31/2023 |
1.41% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -2.70% | -0.72% | 8.41% | 4.96% | 6.83% | 6.21% |
| Lipper Category Avg. Equity Income Funds | -1.07% | 0.83% | 9.67% | 6.95% | 7.46% | - |
| Russell 1000® Value Index | -1.80% | 0.13% | 10.21% | 6.60% | 7.60% | 7.07% |
| w/ sales charge | -2.70% | -0.72% | 8.41% | 4.96% | 6.83% | 6.21% |
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -0.61% | 10.82% | 8.37% | 4.28% | 7.54% | 6.32% |
| Lipper Category Avg. Equity Income Funds | 1.57% | 13.27% | 9.98% | 6.29% | 8.20% | - |
| Russell 1000® Value Index | 1.79% | 14.44% | 11.05% | 6.23% | 8.45% | 7.24% |
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
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 for future results.
The Fund changed its investment strategy on 11/24/1997. Performance is calculated from this date.
TEN LARGEST HOLDINGS as of 10/31/2023View Portfolio
| Holding | Assets |
|---|---|
| JPMorgan Chase & Co | 4.7% |
| UnitedHealth Group Inc | 3.6% |
| Microsoft Corp | 3.1% |
| Comcast Corp | 3.0% |
| Walmart Inc | 2.9% |
| Shell PLC | 2.7% |
| AbbVie Inc | 2.6% |
| Philip Morris International Inc | 2.4% |
| Cboe Global Markets Inc | 2.4% |
| Roper Technologies Inc | 2.4% |
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 10/31/2023View 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 11/29/2023
| w/o sales charge | 1.56% |
30-Day Standardized Yield 2 as of 10/31/2023
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 1.41% | 1.41% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -2.70% | -0.72% | 8.41% | 4.96% | 6.83% | 6.21% |
| Lipper Category Avg. Equity Income Funds | -1.07% | 0.83% | 9.67% | 6.95% | 7.46% | - |
| Russell 1000® Value Index | -1.80% | 0.13% | 10.21% | 6.60% | 7.60% | 7.07% |
| w/ sales charge | -2.70% | -0.72% | 8.41% | 4.96% | 6.83% | 6.21% |
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -0.61% | 10.82% | 8.37% | 4.28% | 7.54% | 6.32% |
| Lipper Category Avg. Equity Income Funds | 1.57% | 13.27% | 9.98% | 6.29% | 8.20% | - |
| Russell 1000® Value Index | 1.79% | 14.44% | 11.05% | 6.23% | 8.45% | 7.24% |
Fund Expense Ratio :
Gross 0.92%
Net 0.92%
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 for future results.
The Fund changed its investment strategy on 11/24/1997. Performance is calculated from this date.
| Year | Fund Returns | Russell 1000® Value Index |
|---|
| 2022 | -10.01% | -7.54% |
| 2021 | 26.49% | 25.16% |
| 2020 | -1.50% | 2.80% |
| 2019 | 25.05% | 26.54% |
| 2018 | -7.59% | -8.27% |
| 2017 | 16.06% | 13.66% |
| 2016 | 17.36% | 17.34% |
| 2015 | -4.16% | -3.83% |
| 2014 | 11.99% | 13.45% |
| 2013 | 32.26% | 32.53% |
| 2012 | 15.81% | - |
| 2011 | -7.90% | - |
| 2010 | 14.31% | - |
| 2009 | 19.11% | - |
| 2008 | -37.15% | - |
| 2007 | 3.56% | - |
| 2006 | 17.44% | - |
| 2005 | 3.23% | - |
| 2004 | 12.51% | - |
| 2003 | 30.69% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2023 | -2.66% | 3.90% | -1.73% | - | 4.28% |
| 2022 | -4.40% | -11.91% | -4.17% | 11.50% | -10.01% |
| 2021 | 8.70% | 5.60% | -0.16% | 10.37% | 26.49% |
| 2020 | -27.96% | 15.46% | 5.28% | 12.50% | -1.50% |
| 2019 | 10.50% | 3.77% | 2.47% | 6.43% | 25.05% |
| 2018 | -2.39% | 0.48% | 6.49% | -11.52% | -7.59% |
| 2017 | 4.10% | 2.00% | 3.05% | 6.07% | 16.06% |
| 2016 | 2.45% | 3.16% | 3.78% | 7.00% | 17.36% |
| 2015 | 0.41% | -1.23% | -7.58% | 4.57% | -4.16% |
| 2014 | 2.29% | 3.92% | -0.06% | 5.42% | 11.99% |
| 2013 | 10.98% | 3.78% | 4.52% | 9.86% | 32.26% |
| 2012 | 12.63% | -4.78% | 6.60% | 1.30% | 15.81% |
| 2011 | 5.56% | -2.71% | -20.77% | 13.19% | -7.90% |
| 2010 | 6.78% | -14.42% | 10.34% | 13.36% | 14.31% |
| 2009 | -16.46% | 18.62% | 16.25% | 3.39% | 19.11% |
| 2008 | -9.65% | -6.18% | -6.68% | -20.55% | -37.15% |
| 2007 | 0.35% | 5.09% | 1.88% | -3.61% | 3.56% |
| 2006 | 5.87% | -0.56% | 5.90% | 5.34% | 17.44% |
| 2005 | -2.62% | -0.51% | 4.19% | 2.27% | 3.23% |
| 2004 | 2.46% | 1.08% | -1.95% | 10.80% | 12.51% |
| 2003 | -5.48% | 18.25% | 2.88% | 13.65% | 30.69% |
| 2002 | 3.20% | -11.05% | -19.70% | 10.14% | -18.81% |
| 2001 | -9.49% | 5.32% | -14.01% | 12.20% | -8.03% |
| 2000 | 1.58% | -3.23% | 8.67% | 7.79% | 15.15% |
| 1999 | 2.63% | 10.78% | -6.65% | 10.01% | 16.75% |
| 1998 | 10.73% | -0.32% | -11.74% | 17.02% | 14.01% |
| 1997 | - | - | - | - | 1.42% |
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 |
|---|
| JPMorgan Chase & Co | Financials | 4.7% |
| UnitedHealth Group Inc | Health Care | 3.6% |
| Microsoft Corp | Information Technology | 3.1% |
| Comcast Corp | Communication Services | 3.0% |
| Walmart Inc | Consumer Staples | 2.9% |
| Shell PLC | Energy | 2.7% |
| AbbVie Inc | Health Care | 2.6% |
| Philip Morris International Inc | Consumer Staples | 2.4% |
| Cboe Global Markets Inc | Financials | 2.4% |
| Roper Technologies Inc | Information Technology | 2.4% |
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 |
|---|
| JPMorgan Chase & Co | Financials | 4.8% |
| UnitedHealth Group Inc | Health Care | 3.1% |
| Comcast Corp | Communication Services | 2.9% |
| Walmart Inc | Consumer Staples | 2.8% |
| AbbVie Inc | Health Care | 2.7% |
| Microsoft Corp | Information Technology | 2.6% |
| Shell PLC | Energy | 2.4% |
| Cboe Global Markets Inc | Financials | 2.4% |
| Morgan Stanley | Financials | 2.3% |
| Philip Morris International Inc | Consumer Staples | 2.3% |
| Roper Technologies Inc | Information Technology | 2.3% |
| Ferguson PLC | Industrials | 2.3% |
| Parker-Hannifin Corp | Industrials | 2.2% |
| Cheniere Energy Inc | Energy | 2.0% |
| CRH PLC | Materials | 1.9% |
| Marsh & McLennan Cos Inc | Financials | 1.9% |
| Chubb Ltd | Financials | 1.9% |
| Abbott Laboratories | Health Care | 1.8% |
| Lam Research Corp | Information Technology | 1.8% |
| Humana Inc | Health Care | 1.8% |
| Danaher Corp | Health Care | 1.7% |
| Taiwan Semiconductor Manufacturing Co Ltd | Information Technology | 1.7% |
| Marathon Petroleum Corp | Energy | 1.7% |
| Accenture PLC | Information Technology | 1.6% |
| Chevron Corp | Energy | 1.6% |
| Charles Schwab Corp/The | Financials | 1.5% |
| Ameriprise Financial Inc | Financials | 1.5% |
| Kinder Morgan Inc | Energy | 1.5% |
| Eli Lilly & Co | Health Care | 1.5% |
| Ross Stores Inc | Consumer Discretionary | 1.5% |
| Broadcom Inc | Information Technology | 1.5% |
| Norfolk Southern Corp | Industrials | 1.5% |
| NextEra Energy Inc | Utilities | 1.4% |
| Reliance Steel & Aluminum Co | Materials | 1.4% |
| Chesapeake Energy Corp | Energy | 1.4% |
| Prologis Inc | Real Estate | 1.4% |
| Northrop Grumman Corp | Industrials | 1.4% |
| Eaton Corp PLC | Industrials | 1.3% |
| United Rentals North America Inc | Industrials | 1.3% |
| Lowe's Cos Inc | Consumer Discretionary | 1.3% |
| Manulife Financial Corp | Financials | 1.3% |
| Unilever PLC | Consumer Staples | 1.2% |
| Bank of America Corp | Financials | 1.2% |
| Union Pacific Corp | Industrials | 1.2% |
| Waste Management Inc | Industrials | 1.2% |
| BlackRock, Inc. | Financials | 1.1% |
| Micron Technology Inc | Information Technology | 1.1% |
| S&P Global Inc | Financials | 1.1% |
| Home Depot Inc/The | Consumer Discretionary | 1.1% |
| General Motors Co | Consumer Discretionary | 1.1% |
| Coca-Cola Co/The | Consumer Staples | 1.0% |
| Entergy Corp | Utilities | 1.0% |
| Johnson Controls International plc | Industrials | 1.0% |
| Costco Wholesale Corp | Consumer Staples | 0.8% |
| Honeywell International Inc | Industrials | 0.8% |
| Procter & Gamble Co/The | Consumer Staples | 0.8% |
| Stanley Black & Decker Inc | Industrials | 0.8% |
| Bank of Ireland Group PLC | Financials | 0.6% |
| Emerson Electric Co | Industrials | 0.6% |
| RTX Corp | Industrials | 0.5% |
| Starbucks Corp | Consumer Discretionary | 0.5% |
| Target Corp | Consumer Staples | 0.3% |
| Texas Instruments Inc | Information Technology | 0.3% |
| LVMH Moet Hennessy Louis Vuitton SE | Consumer Discretionary | 0.2% |
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 10/31/2023
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
0.2%
|
|
| Real Estate |
 1.4%
|
|
| Utilities |
0.2%
|
|
| Consumer Discretionary |
1.0%
|
|
| Consumer Staples | 0.0% | |
| Energy |
0.2%
|
|
| Financials |
0.6%
|
|
| Health Care |
1.8%
|
|
| Industrials |
0.4%
|
|
| Information Technology |
0.8%
|
|
| Materials |
0.2%
|
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 11/29/2023
- $0.18380
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 09/27/2023 | 09/28/2023 | 09/28/2023 | $0.05160 | $15.32 |
| 06/28/2023 | 06/29/2023 | 06/29/2023 | $0.06560 | $15.41 |
| 03/29/2023 | 03/30/2023 | 03/30/2023 | $0.06660 | $14.87 |
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 |
|---|---|---|
| 12/26/2023 | 12/27/2023 | 12/27/2023 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/21/2022 | 11/22/2022 | $0.9232 | - | $0.9232 | $15.90 |
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.
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 10/31/2023
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 0.92% | 0.92% |
Fund Documents
Fund Documents
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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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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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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