Affiliated Fund
Daily price w/o sales charge as of 07/21/2017
$16.23
$0.03
YTD Returns w/o sales charge as of 07/21/2017
7.10%
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 06/30/2017
- Total Net Assets
- $6.58 B
- Inception Date
- 05/14/1934*
- Dividend Frequency
- Quarterly
- Number of Holdings
- 125
- CUSIP
- 544001100
- Minimum Initial Investment
- $1,000+
The Fund changed its investment strategy on 01/01/1950. Performance is calculated from this date. In addition, the Fund has amended its strategy on June 11, 2013.
Expense Ratioas of 06/30/2017
Yield
12-Month Dividend Yield 1 as of 07/21/2017
| w/o sales charge | 2.26% |
| w/ sales charge | 2.13% |
30-Day Standardized Yield 2 as of 06/30/2017
| 2.04% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.74%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/01/1950 |
|---|
| w/o sales charge | 6.24% | 17.88% | 7.96% | 13.84% | 4.76% | 10.95% |
| Lipper Category Avg. Equity Income Funds | 5.71% | 13.21% | 6.12% | 11.44% | 5.79% | - |
| Russell 1000® Value Index | 4.66% | 15.53% | 7.36% | 13.94% | 5.57% | - |
| w/ sales charge | 0.16% | 11.10% | 5.85% | 12.50% | 4.14% | 10.85% |
Fund Expense Ratio :
0.74%
Fund Expense Ratio :
0.74%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/01/1950 |
|---|
| w/o sales charge | 6.24% | 17.88% | 7.96% | 13.84% | 4.76% | 10.95% |
| Lipper Category Avg. Equity Income Funds | 5.71% | 13.21% | 6.12% | 11.44% | 5.79% | - |
| Russell 1000® Value Index | 4.66% | 15.53% | 7.36% | 13.94% | 5.57% | - |
| w/ sales charge | 0.16% | 11.10% | 5.85% | 12.50% | 4.14% | 10.85% |
Fund Expense Ratio :
0.74%
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 01/01/1950. Performance is calculated from this date.
TEN LARGEST HOLDINGS as of 06/30/2017View Portfolio
| Holding | Assets |
|---|---|
| JPMorgan Chase & Co. | 3.4% |
| Chevron Corp. | 3.0% |
| Pfizer, Inc. | 2.9% |
| Apple, Inc. | 2.5% |
| United Technologies Corp. | 2.1% |
| Union Pacific Corp. | 2.1% |
| Philip Morris International, Inc. | 1.8% |
| Intel Corp. | 1.8% |
| Cisco Systems, Inc. | 1.7% |
| QUALCOMM, Inc. | 1.7% |
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 06/30/2017View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Consumer Discretionary | |
| Telecommunication Services | |
| Utilities | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials | |
| Real Estate |
INVESTMENT TEAM
Your Representative
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Performance
Performance
12-Month Dividend Yield 1 as of 07/21/2017
| w/o sales charge | 2.26% |
| w/ sales charge | 2.13% |
30-Day Standardized Yield 2 as of 06/30/2017
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 2.04% | - |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
0.74%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/01/1950 |
|---|
| w/o sales charge | 6.24% | 17.88% | 7.96% | 13.84% | 4.76% | 10.95% |
| Lipper Category Avg. Equity Income Funds | 5.71% | 13.21% | 6.12% | 11.44% | 5.79% | - |
| Russell 1000® Value Index | 4.66% | 15.53% | 7.36% | 13.94% | 5.57% | - |
| w/ sales charge | 0.16% | 11.10% | 5.85% | 12.50% | 4.14% | 10.85% |
Fund Expense Ratio :
0.74%
Fund Expense Ratio :
0.74%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/01/1950 |
|---|
| w/o sales charge | 6.24% | 17.88% | 7.96% | 13.84% | 4.76% | 10.95% |
| Lipper Category Avg. Equity Income Funds | 5.71% | 13.21% | 6.12% | 11.44% | 5.79% | - |
| Russell 1000® Value Index | 4.66% | 15.53% | 7.36% | 13.94% | 5.57% | - |
| w/ sales charge | 0.16% | 11.10% | 5.85% | 12.50% | 4.14% | 10.85% |
Fund Expense Ratio :
0.74%
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 01/01/1950. Performance is calculated from this date.
Best returns
| Durations | Fund Returns | Blended Index |
|---|
| 3-Mo | 31.61 | 27.62 |
| 1-Yr | 58.32 | 56.49 |
Worst returns
| Durations | Fund Returns | Blended Index |
|---|
| 3-Mo | -27.02 | -28.88 |
| 1-Yr | -47.71 | -47.35 |
Best & Worst returns reflect a cumulative return for the three-month and one-year periods.
| Year | Fund Returns | Russell 1000® Value Index |
|---|
| 2016 | 17.34% | 17.34% |
| 2015 | -4.20% | -3.83% |
| 2014 | 12.07% | 13.45% |
| 2013 | 32.15% | 32.53% |
| 2012 | 15.90% | 17.51% |
| 2011 | -7.84% | 0.39% |
| 2010 | 14.30% | 15.51% |
| 2009 | 19.39% | 19.69% |
| 2008 | -37.13% | -36.85% |
| 2007 | 3.66% | -0.17% |
| 2006 | 17.61% | - |
| 2005 | 3.33% | - |
| 2004 | 12.60% | - |
| 2003 | 30.89% | - |
| 2002 | -18.79% | - |
| 2001 | -7.94% | - |
| 2000 | 15.24% | - |
| 1999 | 16.88% | - |
| 1998 | 14.42% | - |
| 1997 | 25.16% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2017 | 4.16% | 2.00% | - | - | 7.10% |
| 2016 | 2.52% | 3.15% | 3.70% | 6.99% | 17.34% |
| 2015 | 0.35% | -1.23% | -7.57% | 4.57% | -4.20% |
| 2014 | 2.29% | 3.99% | -0.12% | 5.48% | 12.07% |
| 2013 | 10.88% | 3.84% | 4.49% | 9.84% | 32.15% |
| 2012 | 12.61% | -4.77% | 6.68% | 1.30% | 15.90% |
| 2011 | 5.67% | -2.77% | -20.73% | 13.17% | -7.84% |
| 2010 | 6.69% | -14.37% | 10.35% | 13.36% | 14.30% |
| 2009 | -16.43% | 18.76% | 16.22% | 3.51% | 19.39% |
| 2008 | -9.69% | -6.07% | -6.72% | -20.56% | -37.13% |
| 2007 | 0.36% | 5.10% | 1.90% | -3.56% | 3.66% |
| 2006 | 5.88% | -0.47% | 5.85% | 5.44% | 17.61% |
| 2005 | -2.61% | -0.49% | 4.22% | 2.30% | 3.33% |
| 2004 | 2.47% | 1.10% | -1.93% | 10.82% | 12.60% |
| 2003 | -5.46% | 18.25% | 2.90% | 13.78% | 30.89% |
| 2002 | 3.15% | -10.96% | -19.74% | 10.16% | -18.79% |
| 2001 | -9.47% | 5.32% | -13.97% | 12.22% | -7.94% |
| 2000 | 1.59% | -3.13% | 8.61% | 7.82% | 15.24% |
| 1999 | 2.72% | 10.79% | -6.67% | 10.04% | 16.88% |
| 1998 | 10.75% | -0.26% | -11.55% | 17.10% | 14.42% |
| 1997 | 3.05% | 13.38% | 7.12% | 0.01% | 25.16% |
| 1996 | 5.48% | 0.87% | 3.91% | 8.59% | 20.05% |
| 1995 | 8.27% | 7.30% | 6.95% | 6.00% | 31.70% |
| 1994 | -3.48% | 1.45% | 6.09% | 0.18% | 4.06% |
| 1993 | 5.46% | 0.93% | 4.26% | 2.01% | 13.21% |
| 1992 | -0.50% | 4.48% | 2.81% | 5.16% | 12.39% |
| 1991 | 9.50% | -0.41% | 6.25% | 5.29% | 22.00% |
| 1990 | -1.70% | 1.65% | -12.52% | 8.41% | -5.23% |
| 1989 | 3.79% | 6.94% | 7.96% | 3.09% | 23.53% |
| 1988 | 3.23% | 8.29% | -1.48% | 2.42% | 12.81% |
| 1987 | 16.69% | 4.94% | 5.68% | -20.26% | 3.19% |
| 1986 | 16.15% | 3.65% | -3.96% | 6.33% | 22.95% |
| 1985 | 6.25% | 8.55% | -4.81% | 15.57% | 26.87% |
| 1984 | -3.91% | -3.92% | 10.21% | 5.00% | 6.83% |
| 1983 | 9.35% | 7.44% | 3.82% | 2.91% | 25.53% |
| 1982 | -4.66% | -0.45% | 9.76% | 18.99% | 23.97% |
| 1981 | 6.42% | -1.17% | -9.99% | 5.99% | 0.33% |
| 1980 | -5.50% | 13.53% | 8.08% | 7.35% | 24.47% |
| 1979 | 11.53% | 3.31% | 10.26% | 1.83% | 29.37% |
| 1978 | -4.28% | 6.83% | 8.64% | -6.63% | 3.72% |
| 1977 | -3.89% | 3.00% | -6.81% | 1.18% | -6.66% |
| 1976 | 18.64% | 6.11% | 1.12% | 5.79% | 34.66% |
| 1975 | 23.87% | 17.67% | -7.35% | 5.02% | 41.83% |
| 1974 | 1.24% | -9.11% | -16.45% | 9.29% | -15.97% |
| 1973 | -6.88% | -7.04% | 15.23% | -5.49% | -5.73% |
| 1972 | 5.04% | -3.65% | 3.51% | 7.49% | 12.60% |
| 1971 | 9.60% | 0.10% | -2.99% | 2.40% | 8.98% |
| 1970 | -1.66% | -16.57% | 14.95% | 8.95% | 2.76% |
| 1969 | -1.74% | -6.16% | -6.47% | -1.19% | -14.78% |
| 1968 | -5.70% | 12.37% | 6.90% | 4.73% | 18.63% |
| 1967 | 12.00% | 2.18% | 7.49% | 0.65% | 23.82% |
| 1966 | -1.24% | -3.16% | -8.07% | 6.79% | -6.11% |
| 1965 | 3.16% | -3.69% | 8.46% | 4.33% | 12.44% |
| 1964 | 6.16% | 4.43% | 4.96% | 0.26% | 16.66% |
| 1963 | 7.53% | 3.71% | 3.50% | 3.17% | 19.08% |
| 1962 | -2.79% | -17.81% | 2.65% | 12.18% | -8.01% |
| 1961 | 13.99% | 0.36% | 4.14% | 5.48% | 25.66% |
| 1960 | -4.30% | 4.10% | -3.30% | 9.86% | 5.84% |
| 1959 | 4.20% | 4.46% | -2.25% | 6.11% | 12.90% |
| 1958 | 10.53% | 8.61% | 9.14% | 9.76% | 43.80% |
| 1957 | 0.87% | 3.46% | -3.62% | -0.81% | -0.23% |
| 1956 | 4.58% | 0.32% | -2.98% | 3.34% | 5.19% |
| 1955 | 3.31% | 4.21% | -0.01% | 4.48% | 12.47% |
| 1954 | 6.85% | 5.12% | 6.62% | 10.29% | 32.09% |
| 1953 | 0.59% | -4.04% | -0.66% | 6.28% | 1.91% |
| 1952 | 3.99% | 1.68% | -2.27% | 10.16% | 13.84% |
| 1951 | 4.51% | -0.89% | 2.11% | 10.89% | 17.29% |
| 1950 | - | 1.64% | 4.32% | 13.65% | 22.81% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 06/30/2017
The chart begins on the Fund's inception date of 01/01/1950.
Based on a hypothetical Class A share investment of $10,000 on 01/01/1950 without sales charge and includes the reinvestment of all distributions.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| JPMorgan Chase & Co. | Financials | 3.4% |
| Chevron Corp. | Energy | 3.0% |
| Pfizer, Inc. | Health Care | 2.9% |
| Apple, Inc. | Information Technology | 2.5% |
| United Technologies Corp. | Industrials | 2.1% |
| Union Pacific Corp. | Industrials | 2.1% |
| Philip Morris International, Inc. | Consumer Staples | 1.8% |
| Intel Corp. | Information Technology | 1.8% |
| Cisco Systems, Inc. | Information Technology | 1.7% |
| QUALCOMM, Inc. | Information Technology | 1.7% |
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 | 3.1% |
| Chevron Corp. | Energy | 3.0% |
| Pfizer, Inc. | Health Care | 2.9% |
| Apple, Inc. | Information Technology | 2.7% |
| United Technologies Corp. | Industrials | 2.1% |
| Union Pacific Corp. | Industrials | 2.0% |
| Intel Corp. | Information Technology | 2.0% |
| Johnson & Johnson, Inc. | Health Care | 1.9% |
| Philip Morris International, Inc. | Consumer Staples | 1.9% |
| QUALCOMM, Inc. | Information Technology | 1.8% |
| International Business Machines Corp. | Information Technology | 1.6% |
| AT&T, Inc. | Telecommunication Services | 1.6% |
| Prudential Financial, Inc. | Financials | 1.5% |
| Citizens Financial Group, Inc. | Financials | 1.4% |
| Ford Motor Co. | Consumer Discretionary | 1.4% |
| Allstate Corp. | Financials | 1.4% |
| Procter & Gamble Co. | Consumer Staples | 1.3% |
| Johnson Controls International plc | Industrials | 1.3% |
| Valero Energy Corp. | Energy | 1.2% |
| KeyCorp. | Financials | 1.2% |
| Kimberly-Clark Corp. | Consumer Staples | 1.2% |
| Kraft Heinz Co. | Consumer Staples | 1.2% |
| Wal-Mart Stores, Inc. | Consumer Staples | 1.2% |
| McDonald's Corp. | Consumer Discretionary | 1.1% |
| Medtronic, Inc. | Health Care | 1.1% |
| Progressive Corp. | Financials | 1.1% |
| Sempra Energy | Utilities | 1.1% |
| Cisco Systems, Inc. | Information Technology | 1.1% |
| Verizon Communications, Inc. | Telecommunication Services | 1.1% |
| Archer-Daniels-Midland Co. | Consumer Staples | 1.0% |
| LyondellBasell Industries NV | Materials | 1.0% |
| Merck & Co., Inc. | Health Care | 1.0% |
| ConocoPhillips Co. | Energy | 1.0% |
| Invesco Ltd. | Financials | 1.0% |
| Ameriprise Financial, Inc. | Financials | 1.0% |
| Cummins, Inc. | Industrials | 1.0% |
| Eaton Corp. | Industrials | 1.0% |
| Discover Financial Services | Financials | 1.0% |
| Schlumberger Ltd. | Energy | 1.0% |
| XL Group Ltd. | Financials | 1.0% |
| Eastman Chemical Co. | Materials | 0.9% |
| Marsh & McLennan Cos., Inc. | Financials | 0.9% |
| Walgreen Co. | Consumer Staples | 0.9% |
| Caterpillar, Inc. | Industrials | 0.9% |
| Coca-Cola Co. | Consumer Staples | 0.9% |
| CSX Corp. | Industrials | 0.9% |
| Lowe's Cos, Inc. | Consumer Discretionary | 0.9% |
| Hartford Financial Services Group, Inc. | Financials | 0.8% |
| AvalonBay Communities, Inc. | Real Estate | 0.8% |
| Raytheon Co. | Industrials | 0.8% |
| BlackRock, Inc. | Financials | 0.8% |
| U.S. Bancorp | Financials | 0.8% |
| Eversource Energy | Utilities | 0.8% |
| Microchip Technology, Inc. | Information Technology | 0.8% |
| Lockheed Martin Corp. | Industrials | 0.8% |
| Duke Energy Corp. | Utilities | 0.8% |
| Dover Corp. | Industrials | 0.7% |
| Dr. Pepper Snapple Group, Inc. | Consumer Staples | 0.7% |
| Cardinal Health, Inc. | Health Care | 0.7% |
| General Electric Co. | Industrials | 0.7% |
| General Growth Properties, Inc. | Real Estate | 0.7% |
| Packaging Corp. of America | Materials | 0.7% |
| Dow Chemical Co. | Materials | 0.7% |
| Target Corp. | Consumer Discretionary | 0.7% |
| Juniper Networks, Inc. | Information Technology | 0.7% |
| Best Buy Co., Inc. | Consumer Discretionary | 0.7% |
| Deere & Co. | Industrials | 0.6% |
| PPL Corp. | Utilities | 0.6% |
| PepsiCo, Inc. | Consumer Staples | 0.6% |
| Kinder Morgan, Inc. | Energy | 0.6% |
| Las Vegas Sands Corp. | Consumer Discretionary | 0.6% |
| Applied Materials, Inc. | Information Technology | 0.6% |
| Wells Fargo & Co. | Financials | 0.6% |
| Dominion Resources, Inc. | Utilities | 0.6% |
| ProLogis, Inc. | Real Estate | 0.6% |
| Pacific Gas & Electric Co. | Utilities | 0.6% |
| Hanesbrands, Inc. | Consumer Discretionary | 0.6% |
| Ventas, Inc. | Real Estate | 0.6% |
| Omnicom Group, Inc. | Consumer Discretionary | 0.5% |
| Exxon Mobil Corp. | Energy | 0.5% |
| UnitedHealth Group, Inc. | Health Care | 0.5% |
| Nucor Corp. | Materials | 0.5% |
| Hewlett-Packard Co. | Information Technology | 0.5% |
| Bristol-Myers Squibb Co. | Health Care | 0.5% |
| UDR, Inc. | Real Estate | 0.5% |
| Consolidated Edison, Inc. | Utilities | 0.5% |
| H&R Block, Inc. | Consumer Discretionary | 0.5% |
| Starwood Property Trust, Inc. | Real Estate | 0.5% |
| Avery Dennison Corp. | Materials | 0.4% |
| Kellogg Co. | Consumer Staples | 0.4% |
| SCANA Corp. | Utilities | 0.4% |
| Williams Cos., Inc. | Energy | 0.4% |
| Pinnacle West Capital Corp. | Utilities | 0.4% |
| Altria Group, Inc. | Consumer Staples | 0.4% |
| Tupperware Brands Corp. | Consumer Discretionary | 0.3% |
| Broadcom Ltd. | Information Technology | 0.3% |
| Exelon Corp. | Utilities | 0.3% |
| Pinnacle Foods Group LLC | Consumer Staples | 0.3% |
| Western Digital Corp. | Information Technology | 0.3% |
| Home Depot USA, Inc. | Consumer Discretionary | 0.3% |
| KAR Auction Services, Inc. | Industrials | 0.3% |
| Quest Diagnostics, Inc. | Health Care | 0.3% |
| Watsco, Inc. | Industrials | 0.3% |
| Foot Locker, Inc. | Consumer Discretionary | 0.3% |
| Duke Realty Corp. | Real Estate | 0.3% |
| Abbott Laboratories | Health Care | 0.3% |
| Pitney Bowes, Inc. | Industrials | 0.3% |
| General Mills, Inc. | Consumer Staples | 0.3% |
| NetApp, Inc. | Information Technology | 0.3% |
| SL Green Realty Corp. | Real Estate | 0.3% |
| Communications Sales & Leasing, Inc. | Real Estate | 0.2% |
| Anthem, Inc. | Health Care | 0.2% |
| Lazard Ltd. | Financials | 0.2% |
| Clorox Co. | Consumer Staples | 0.2% |
| ACE Ltd. | Financials | 0.2% |
| Xerox Corp. | Information Technology | 0.2% |
| Microsoft Corp. | Information Technology | 0.2% |
| Vornado Realty Trust | Real Estate | 0.2% |
| Arthur J. Gallagher & Co. | Financials | 0.2% |
| Regency Centers Corp. | Real Estate | 0.1% |
| Call Money Futures | Undefined | 0.0% |
| S&P 500 E-Mini Futures Jun 2007 | 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 06/30/2017
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Consumer Discretionary |
0.4%
|
|
| Telecommunication Services |
0.3%
|
|
| Utilities |
0.2%
|
|
| Consumer Staples |
 0.1%
|
|
| Energy |
0.6%
|
|
| Financials |
0.5%
|
|
| Health Care |
0.7%
|
|
| Industrials |
0.2%
|
|
| Information Technology |
0.1%
|
|
| Materials |
0.1%
|
|
| Real Estate | 0.0% |
PORTFOLIO DETAILS as of 06/30/2017
- Weighted Average Market Cap.
- 112.6 B
- P/E Ratio
- 18.8x
- P/B Ratio
- 2.6x
- Portfolio Turnover Ratio as of 10/31/2016
- 73.2%
- Number of Holdings
- 125
- Total Net Assets
- $6.58 B
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 06/30/2017
Contributors
| Holding | Contribution |
|---|---|
| United Technologies Corp. | 0.2% |
| McDonald's Corp. | 0.2% |
| JPMorgan Chase & Co. | 0.2% |
| Invesco Ltd. | 0.1% |
| Packaging Corp. of America | 0.1% |
Detractors
| Holding | Contribution |
|---|---|
| International Business Machines Corp. | -0.2% |
| Schlumberger Ltd. | -0.1% |
| AT&T, Inc. | -0.1% |
| ConocoPhillips Co. | -0.1% |
| Foot Locker, 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 07/21/2017
- $0.174
- Dividend Frequency
- Quarterly
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 06/29/2017 | 06/30/2017 | 06/30/2017 | $0.08710 | $16.10 |
| 03/30/2017 | 03/31/2017 | 03/31/2017 | $0.08750 | $15.87 |
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 |
|---|---|---|
| 09/28/2017 | 09/29/2017 | 09/29/2017 |
| 12/28/2017 | 12/29/2017 | 12/29/2017 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/21/2016 | 11/22/2016 | $0.7324 | $0.0844 | $0.8168 | $15.07 |
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 |
|---|---|
| 11/20/2017 | 11/21/2017 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 07/21/2017
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $17.22 |
| $50,000 to $99,999 | 4.75% | 4.00% | $17.04 |
| $100,000 to $249,999 | 3.95% | 3.25% | $16.90 |
| $250,000 to $499,999 | 2.75% | 2.25% | $16.69 |
| $500,000 to $999,999 | 1.95% | 1.75% | $16.55 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $16.23 |
The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
EXPENSE RATIOas of 06/30/2017
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
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Semi-Annual Report
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Fact Sheet
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Commentary
Publish Date:11/03/2015
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Flyer
Publish Date:11/03/2015
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