Affiliated Fund
Daily price w/o sales charge as of 11/16/2018
$15.76
$0.08
YTD Returns w/o sales charge as of 11/16/2018
1.42%
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
- 11/24/1997
- Dividend Frequency
- Quarterly
- Fund Expense Ratio
- 0.90%
- Number of Holdings
- 126
- CUSIP
- 544001407
Yield
12-Month Dividend Yield 1 as of 11/16/2018
| w/o sales charge | 2.05% |
30-Day Standardized Yield 2 as of 10/31/2018
| 1.97% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.90%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -1.03% | 4.03% | 9.57% | 8.73% | 9.94% | 6.51% |
| Lipper Category Avg. Equity Income Funds | -1.13% | 3.14% | 8.44% | 7.65% | 10.81% | - |
| Russell 1000® Value Index | -1.46% | 3.03% | 8.88% | 8.61% | 11.30% | 7.18% |
Fund Expense Ratio :
0.90%
Fund Expense Ratio :
0.90%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | 4.44% | 10.78% | 14.16% | 10.90% | 8.83% | 6.81% |
| 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% | 7.48% |
Fund Expense Ratio :
0.90%
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.
The Fund changed its investment strategy on 11/24/1997. Performance is calculated from this date.
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
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Performance
Performance
12-Month Dividend Yield 1 as of 11/16/2018
| w/o sales charge | 2.05% |
30-Day Standardized Yield 2 as of 10/31/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 1.97% | 1.97% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.90%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | -1.03% | 4.03% | 9.57% | 8.73% | 9.94% | 6.51% |
| Lipper Category Avg. Equity Income Funds | -1.13% | 3.14% | 8.44% | 7.65% | 10.81% | - |
| Russell 1000® Value Index | -1.46% | 3.03% | 8.88% | 8.61% | 11.30% | 7.18% |
Fund Expense Ratio :
0.90%
Fund Expense Ratio :
0.90%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 11/24/1997 |
|---|
| w/o sales charge | 4.44% | 10.78% | 14.16% | 10.90% | 8.83% | 6.81% |
| 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% | 7.48% |
Fund Expense Ratio :
0.90%
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.
The Fund changed its investment strategy on 11/24/1997. Performance is calculated from this date.
| Year | Fund Returns | Russell 1000® Value Index |
|---|
| 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% | 0.39% |
| 2010 | 14.31% | 15.51% |
| 2009 | 19.11% | 19.69% |
| 2008 | -37.15% | -36.85% |
| 2007 | 3.56% | - |
| 2006 | 17.44% | - |
| 2005 | 3.23% | - |
| 2004 | 12.51% | - |
| 2003 | 30.69% | - |
| 2002 | -18.81% | - |
| 2001 | -8.03% | - |
| 2000 | 15.15% | - |
| 1999 | 16.75% | - |
| 1998 | 14.01% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2018 | -2.39% | 0.48% | 6.49% | - | 1.42% |
| 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 |
|---|
| 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 | 2.9% |
| JPMorgan Chase & Co. | Financials | 2.6% |
| Pfizer, Inc. | Health Care | 2.6% |
| Intel Corp. | Information Technology | 2.2% |
| Bank of America Corp. | Financials | 2.2% |
| Merck & Co., Inc. | Health Care | 2.1% |
| Cisco Systems, Inc. | Information Technology | 2.0% |
| U.S. Bancorp | Financials | 1.7% |
| ConocoPhillips Co. | Energy | 1.7% |
| United Technologies Corp. | Industrials | 1.7% |
| Verizon Communications, Inc. | Communication Services | 1.6% |
| AT&T, Inc. | Communication Services | 1.6% |
| Valero Energy Corp. | Energy | 1.6% |
| CME Group, Inc. | Financials | 1.3% |
| Union Pacific Corp. | Industrials | 1.3% |
| Schlumberger Ltd. | Energy | 1.2% |
| KeyCorp. | Financials | 1.2% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.2% |
| Abbott Laboratories | Health Care | 1.2% |
| Johnson & Johnson, Inc. | Health Care | 1.2% |
| Comcast Corp. | Consumer Discretionary | 1.2% |
| Walgreen Co. | Consumer Staples | 1.1% |
| Discover Financial Services | Financials | 1.1% |
| Medtronic, Inc. | Health Care | 1.1% |
| Procter & Gamble Co. | Consumer Staples | 1.1% |
| Duke Energy Corp. | Utilities | 1.1% |
| PPL Corp. | Utilities | 1.1% |
| Microsoft Corp. | Information Technology | 1.1% |
| Citizens Financial Group, Inc. | Financials | 1.0% |
| Carnival Corp. | Consumer Discretionary | 1.0% |
| Nucor Corp. | Materials | 1.0% |
| Sempra Energy | Utilities | 1.0% |
| Dominion Resources, Inc. | Utilities | 0.9% |
| Ameriprise Financial, Inc. | Financials | 0.9% |
| Kraft Heinz Co. | Consumer Staples | 0.9% |
| Ford Motor Co. | Consumer Discretionary | 0.9% |
| Johnson Controls International plc | Industrials | 0.9% |
| Essex Property Trust, Inc. | Real Estate | 0.9% |
| NetApp, Inc. | Information Technology | 0.9% |
| Kimberly-Clark Corp. | Consumer Staples | 0.8% |
| Broadcom Inc | Information Technology | 0.8% |
| Coca-Cola Co. | Consumer Staples | 0.8% |
| Quest Diagnostics, Inc. | Health Care | 0.8% |
| Celanese Corp. | Materials | 0.8% |
| Darden Restaurants, Inc. | Consumer Discretionary | 0.8% |
| ACE Ltd. | Financials | 0.8% |
| Tractor Supply Co. | Consumer Discretionary | 0.7% |
| Packaging Corp. of America | Materials | 0.7% |
| Texas Instruments, Inc. | Information Technology | 0.7% |
| Exxon Mobil Corp. | Energy | 0.7% |
| Home Depot USA, Inc. | Consumer Discretionary | 0.7% |
| C.H. Robinson Worldwide, Inc. | Industrials | 0.7% |
| Host Hotels & Resorts, Inc. | Real Estate | 0.7% |
| Lincoln National Corp. | Financials | 0.7% |
| Hormel Foods Corp. | Consumer Staples | 0.7% |
| Evergy Inc | Utilities | 0.7% |
| Interpublic Group of Cos., Inc. | Consumer Discretionary | 0.7% |
| Eaton Corp. | Industrials | 0.7% |
| TJX Cos., Inc. | Consumer Discretionary | 0.7% |
| Travelers Cos, Inc. | Financials | 0.7% |
| Exelon Corp. | Utilities | 0.7% |
| LyondellBasell Industries NV | Materials | 0.7% |
| Archer-Daniels-Midland Co. | Consumer Staples | 0.6% |
| Caterpillar, Inc. | Industrials | 0.6% |
| Flowserve Corp. | Industrials | 0.6% |
| Hartford Financial Services Group, Inc. | Financials | 0.6% |
| Sysco Corp. | Consumer Staples | 0.6% |
| H&R Block, Inc. | Consumer Discretionary | 0.6% |
| Hubbell, Inc. | Industrials | 0.6% |
| Citigroup, Inc. | Financials | 0.6% |
| CVS Caremark Corp. | Health Care | 0.6% |
| Philip Morris International, Inc. | Consumer Staples | 0.6% |
| Mondelez International, Inc. | Consumer Staples | 0.6% |
| Bristol-Myers Squibb Co. | Health Care | 0.6% |
| Xerox Corp. | Information Technology | 0.6% |
| Prudential Financial, Inc. | Financials | 0.6% |
| Cummins, Inc. | Industrials | 0.5% |
| Apple, Inc. | Information Technology | 0.5% |
| Duke Realty Corp. | Real Estate | 0.5% |
| Eastman Chemical Co. | Materials | 0.5% |
| LPL Investment Holdings, Inc. | Financials | 0.5% |
| Fifth Third Bank | Financials | 0.5% |
| UDR, Inc. | Real Estate | 0.5% |
| Kohl's Corp. | Consumer Discretionary | 0.5% |
| Amgen, Inc. | Health Care | 0.5% |
| Fidelity National Financial Group | Financials | 0.5% |
| Kinder Morgan, Inc. | Energy | 0.5% |
| Capital One Financial Corp. | Financials | 0.5% |
| PNC Financial Services Group, Inc. | Financials | 0.5% |
| Federal Realty Investment Trust | Real Estate | 0.5% |
| Unum Group | Financials | 0.5% |
| Marathon Petroleum Corp. | Energy | 0.4% |
| Viacom, Inc. | Communication Services | 0.4% |
| Graphic Packaging Holding Co. | Materials | 0.4% |
| Honeywell International, Inc. | Industrials | 0.4% |
| DowDuPont Inc | Materials | 0.4% |
| Starwood Property Trust, Inc. | Real Estate | 0.4% |
| KAR Auction Services, Inc. | Industrials | 0.4% |
| Raytheon Co. | Industrials | 0.4% |
| Gentex Corp. | Consumer Discretionary | 0.4% |
| Robert Half International, Inc. | Industrials | 0.4% |
| Kellogg Co. | Consumer Staples | 0.4% |
| Old Republic International Corp. | Financials | 0.4% |
| SL Green Realty Corp. | Real Estate | 0.4% |
| Williams Cos., Inc. | Energy | 0.4% |
| Emerson Electric Co. | Industrials | 0.4% |
| J.M. Smucker Co. | Consumer Staples | 0.4% |
| Sabre Corp. | Information Technology | 0.3% |
| T. Rowe Price Group, Inc. | Financials | 0.3% |
| Newell Rubbermaid, Inc. | Consumer Discretionary | 0.3% |
| Cardinal Health, Inc. | Health Care | 0.3% |
| ProLogis, Inc. | Real Estate | 0.3% |
| Axis Capital Holdings Ltd. | Financials | 0.3% |
| Dover Corp. | Industrials | 0.3% |
| Stanley Black & Decker, Inc. | Industrials | 0.3% |
| TD Ameritrade Holding Corp. | Financials | 0.3% |
| Vornado Realty Trust | Real Estate | 0.3% |
| SAIC, Inc. | Information Technology | 0.3% |
| Lazard Ltd. | Financials | 0.3% |
| Northern Trust Corp. | Financials | 0.3% |
| Ryder System, Inc. | Industrials | 0.3% |
| Dunkin' Brands, Inc. | Consumer Discretionary | 0.3% |
| International Business Machines Corp. | Information Technology | 0.2% |
| Conagra Brands, Inc. | Consumer Staples | 0.2% |
| QUALCOMM, Inc. | Information Technology | 0.2% |
| Public Service Enterprise Group, Inc. | Utilities | 0.2% |
| Republic Services, Inc. | Industrials | 0.2% |
| Huntsman Corp. | Materials | 0.2% |
| 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 11/16/2018
- $0.239
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 09/27/2018 | 09/28/2018 | 09/28/2018 | $0.07340 | $16.23 |
| 06/28/2018 | 06/29/2018 | 06/29/2018 | $0.08380 | $15.31 |
| 03/28/2018 | 03/29/2018 | 03/29/2018 | $0.08240 | $15.32 |
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
Click Here To View Estimated Capital Gain Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/20/2017 | 11/21/2017 | $0.8963 | $0.6451 | $1.5414 | $15.22 |
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 |
|---|---|
| 11/19/2018 | 11/20/2018 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 10/31/2018
| 0.90% |
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
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Prospectus (XBRL)
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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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Commentary
Publish Date:11/03/2015
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Flyer
Publish Date:11/03/2015
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