LAFPX | Affiliated Fund Class P | Lord Abbett

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)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

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.

Check Out Go Literature Center

 

Affiliated Fund

Track this Fund
Add to Hypo Tool

Daily price w/o sales charge as of 09/30/2022

$14.77

arrowDown$0.18

YTD Returns w/o sales charge as of 09/30/2022

-19.29%

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

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 Basics

Total Net Assets
-
Inception Date
11/24/1997
Dividend Frequency
Quarterly
Fund Expense Ratio
0.91%
Number of Holdings
-

Yield

12-Month Dividend Yield 1 as of 09/30/2022  

w/o sales charge 1.82%

30-Day Standardized Yield 2 as of 08/31/2022  

1.44%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 11/24/1997
w/o sales charge -19.29% -10.92% 2.29% 4.27% 8.57% 6.14%
Lipper Category Avg. Equity Income Funds - - - - - -
Russell 1000® Value Index - - - - - -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 11/24/1997
w/o sales charge -19.29% -10.92% 2.29% 4.27% 8.57% 6.14%
Lipper Category Avg. Equity Income Funds - - - - - -
Russell 1000® Value Index - - - - - -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

0.91%

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.

RELATED CONTENT

Investing in Stocks: The Case for a Broader Global Focus
August 30, 2021

An allocation to non-U.S. equities could provide an effective complement to a U.S.-focused stock portfolio. Here’s why

INVESTMENT TEAM

Darnell Azeez
Darnell Azeez, CFA

Managing Director, Portfolio Manager

20 Years of Industry Experience

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

Partner, Head of Data-Driven Insights

22 Years of Industry Experience

Ryan C. Howard
Ryan C. Howard, CFA

Portfolio Manager

19 Years of Industry Experience

Servesh Tiwari
Servesh Tiwari, CFA

Portfolio Manager

16 Years of Industry Experience

Supported By 35 Investment Professionals with 19 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 09/30/2022  

w/o sales charge 1.82%

30-Day Standardized Yield 2 as of 08/31/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 1.44% 1.44%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 11/24/1997
w/o sales charge -19.29% -10.92% 2.29% 4.27% 8.57% 6.14%
Lipper Category Avg. Equity Income Funds - - - - - -
Russell 1000® Value Index - - - - - -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 11/24/1997
w/o sales charge -19.29% -10.92% 2.29% 4.27% 8.57% 6.14%
Lipper Category Avg. Equity Income Funds - - - - - -
Russell 1000® Value Index - - - - - -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

0.91%

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
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% 17.51%
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% -
2002 -18.81% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2022 -4.40% -11.91% - - -19.29%
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

Portfolio Positioningas of 06/30/2022

  • As of June 30, 2022, the Fund’s largest overweight position relative to its benchmark, the Russell 1000® Value Index, is in UnitedHealth Group Incorporated, a company that engages in the provision of health care coverage, software, and data consultancy services. We believe the company is attractively valued with a strong management team that has deployed cash wisely.
  • The Fund is overweight relative to its benchmark in NextEra Energy, an electric power and energy infrastructure company. We continue to view NextEra as a standout performer in the electric utility industry as they grow both their regulated and non-regulated businesses. We believe they are a top renewable energy play and will benefit as the demand for renewables continues to rise.
  • The Fund is also overweight relative to its benchmark in Northrop Grumman Corp., a defense contractor. We expect steady growth in U.S. defense spending based on escalating geopolitical tensions following Russia’s invasion of Ukraine but also related to long-term strategic competition between the U.S. and China. We expect Northrop Grumman to be the fastest growing U.S. defense contractor based on its large and ramping growth platforms that serve critical U.S. needs including B-21, Ground Based Strategic Deterrent (GBSD), and satellites.

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 09/30/2022
$0.199
Dividend Frequency
Quarterly
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
09/28/2022 09/29/2022 09/29/2022 $0.06550 $14.95
06/28/2022 06/29/2022 06/29/2022 $0.07760 $15.50
03/29/2022 03/30/2022 03/30/2022 $0.05590 $17.95

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
12/27/2022 12/28/2022 12/28/2022

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
11/22/2021 11/23/2021 $0.4534 - $0.4534 $18.31
*

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
11/21/2022 11/22/2022

Fees & Expenses

Fees & Expenses

Fund Documents

Fund Documents

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

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
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

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

 

IMPORTANT INFORMATION

 

1

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.

 

2

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.

 

3

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

 

4

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

 

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. As compared to smaller successful companies, larger, more established companies may be less able to respond quickly to certain market developments and may have slower rates of growth. Investments in value companies can continue to be undervalued for long periods of time and be more volatile than the stock market in general. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk.  To the extent that the Fund invests its assets in the securities of a small number of issuers, the Fund will be subject to greater volatility with respect to its investments than a fund that invests in the securities of a larger number of issuers. These factors can adversely affect Fund performance. The fund performance history at this time is very limited; therefore, performance achieved during its initial period of investment operation may not be replicated over longer periods and may not be indicative of how the Fund will perform in the future.

 

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.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

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.

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