LAMSX | Dividend Growth Fund Class R4 | 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)

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.

 

Dividend Growth Fund

Track this Fund
Add to Hypo Tool

Summary

Summary

What is the Dividend Growth Fund?

The Fund seeks to deliver total return by investing primarily in stocks of large U.S. companies that have a history of increasing their dividends.

HIGH-QUALITY UNIVERSE

Companies with consistent dividend growth are often market leaders with stable business models, strong balance sheets, and management teams committed to shareholders.

LOWER RISK PROFILE

Focusing on U.S. companies that have consistently grown their dividends often provides investors with an equity portfolio that has a lower risk profile than the broader market.

GROWTH AND RISING INCOME

A portfolio of consistent dividend growers may provide investors with long-term growth and rising income. Many of these companies have grown their dividends much faster than inflation.

Fund Basicsas of 05/31/2022

Total Net Assets
$3.14 B
Inception Date
06/30/2015
Dividend Frequency
Quarterly
Fund Expense Ratio
0.91%
Number of Holdings
58

Yield

12-Month Dividend Yield 1 as of 06/24/2022  

w/o sales charge 1.00%

30-Day Standardized Yield 2 as of 05/31/2022  

0.70%
 
 

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -13.25% -1.74% 13.39% 11.04% 12.19% -
Lipper Category Avg. Equity Income Funds -4.52% 2.85% 12.81% 9.66% 11.17% -
S&P 500 Index -12.76% -0.30% 16.44% 13.38% 14.40% -

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -6.82% 12.36% 15.26% 13.24% 12.27% -
Lipper Category Avg. Equity Income Funds -1.34% 12.94% 13.07% 10.69% 10.88% -
S&P 500 Index -4.60% 15.65% 18.92% 15.99% 14.64% -

Fund Expense Ratio :

0.91%

RELATED CONTENT

How Companies Are Navigating Rising Cost Pressures
October 19, 2021

Lord Abbett Portfolio Manager Darnell Azeez, CFA discusses why he and his team are laser focused on third quarter earnings, and whether companies are able to maintain margins while navigating rising cost pressures.

Holdings as of 05/31/2022View Portfolio

Holding Assets
Microsoft Corp 6.7%
Apple Inc 3.9%
Exxon Mobil Corp 3.1%
UnitedHealth Group Inc 3.1%
NextEra Energy Inc 3.0%
Coca-Cola Co/The 2.9%
Morgan Stanley 2.6%
Northrop Grumman Corp 2.6%
American Tower Corp 2.5%
Ameriprise Financial Inc 2.4%
% of Total Assets 32.8%

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 & Director of Quantitative Research

22 Years of Industry Experience

Jeffrey Rabinowitz
Jeffrey Rabinowitz, CFA

Portfolio Manager

23 Years of Industry Experience

Servesh Tiwari
Servesh Tiwari, CFA

Portfolio Manager

16 Years of Industry Experience

Subrata Ghose
Subrata Ghose, CFA

Portfolio Manager

27 Years of Industry Experience

Supported By 34 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 06/24/2022  

w/o sales charge 1.00%

30-Day Standardized Yield 2 as of 05/31/2022  

  Subsidized5 Un-Subsidized6
w/o sales charge 0.70% 0.70%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -13.25% -1.74% 13.39% 11.04% 12.19% -
Lipper Category Avg. Equity Income Funds -4.52% 2.85% 12.81% 9.66% 11.17% -
S&P 500 Index -12.76% -0.30% 16.44% 13.38% 14.40% -

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -6.82% 12.36% 15.26% 13.24% 12.27% -
Lipper Category Avg. Equity Income Funds -1.34% 12.94% 13.07% 10.69% 10.88% -
S&P 500 Index -4.60% 15.65% 18.92% 15.99% 14.64% -

Fund Expense Ratio :

0.91%

Year Fund Returns S&P 500 Index
2021 25.80% 28.71%
2020 15.49% 18.40%
2019 26.62% 31.49%
2018 -4.80% -4.38%
2017 19.10% 21.83%
2016 15.21% 11.96%
2015 -2.43% 1.38%
2014 11.55% 13.69%
2013 27.93% 32.39%
2012 13.06% 16.00%
2011 -0.04% -
2010 14.83% -
2009 23.45% -
2008 -27.24% -
2007 3.11% -
2006 14.90% -
2005 3.72% -
2004 16.89% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2022 -6.82% - - - -16.63%
2021 4.33% 7.51% 0.12% 12.03% 25.80%
2020 -19.83% 19.10% 9.61% 10.35% 15.49%
2019 11.95% 4.03% 4.26% 4.28% 26.62%
2018 -2.81% 1.32% 8.34% -10.76% -4.80%
2017 4.38% 2.50% 3.38% 7.68% 19.10%
2016 6.06% 5.01% 0.72% 2.71% 15.21%
2015 -0.12% -2.26% -5.66% 5.93% -2.43%
2014 1.50% 4.73% -1.48% 6.51% 11.55%
2013 10.41% 1.34% 5.28% 8.61% 27.93%
2012 10.77% -3.70% 5.67% 0.30% 13.06%
2011 5.60% -0.19% -13.91% 10.17% -0.04%
2010 4.78% -8.17% 10.29% 8.22% 14.83%
2009 -5.13% 9.86% 12.43% 5.35% 23.45%
2008 -8.60% -0.39% -9.08% -12.11% -27.24%
2007 3.48% 4.25% -1.16% -3.30% 3.11%
2006 2.33% 0.66% 3.36% 7.92% 14.90%
2005 -1.10% 2.02% 2.64% 0.15% 3.72%
2004 - - - 8.80% 16.89%

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 03/31/2022

  • The Fund is overweight in NextEra Energy, an electric power and energy infrastructure company, relative to its benchmark, the S&P 500 Index, as of March 31, 2021. 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 the benchmark in Morgan Stanley, a global provider of investment banking, capital market, asset management, and other financial services to corporations, institutions, and individuals. We believe the company is well-positioned for the secular trends in wealth management given its unique vertical integration of the corporate stock plan, online brokerage, and asset management businesses, and is also well-positioned for both rising rates and a rebound in capital markets activity. Further, we feel the company is in a better position to optimize its capital base, which should lead to enhanced profitability and buttress capital returns to shareholders over time.
  • The Fund is overweight relative to the benchmark in Union Pacific Corp., which engages in the provision of railroad and freight transportation services. The company owns the largest North American railroad with a network of critical transportation infrastructure and the ability to consistently drive price increases in excess of its cost inflation in our view. It has the longest length of haul of any of the U.S. rails, further limiting competition against trucking, and solidifying its pricing power.

PORTFOLIO DETAILS as of 05/31/2022

Total Net Assets
$3.14 B
Number of Holdings
58
Weighted Average Market Cap.
375.0 B
P/B Ratio
4.9x
Portfolio Turnover Ratio as of 11/30/2020
58.9%
P/E Ratio
21.2x

Contributors & Detractors as of  03/31/2022

Contributors

Holding Contribution
Marathon Petroleum Corp. 0.5%
AbbVie, Inc. 0.4%
Northrop Grumman Corp 0.3%
United Technologies Corp. 0.2%
Jack Henry & Associates Inc 0.2%

Detractors

Holding Contribution
Microsoft Corp. -0.6%
Estee Lauder Cos Inc/The -0.5%
Lowe's Cos Inc -0.5%
Home Depot Inc/The -0.4%
NIKE, Inc. -0.4%

Attribution Analysis 

Dividend Growth 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 06/24/2022
$0.036
Dividend Frequency
Quarterly
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
03/29/2022 03/30/2022 03/30/2022 $0.03630 $19.59

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
06/28/2022 06/29/2022 06/29/2022
09/28/2022 09/29/2022 09/29/2022
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
12/16/2021 12/17/2021 $1.3968 $0.0831 $1.4799 $20.11

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
12/19/2022 12/20/2022

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 05/31/2022

0.91%

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
Fund Story
Publish Date:11/03/2015
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

The S&P 500® Index is widely regarded as the standard for measuring large cap U.S. stock market performance and includes a representative sample of leading companies in leading industries.

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