Focused Large Cap Value Fund
Daily price w/o sales charge as of 04/21/2021
$18.41
$0.30
YTD Returns w/o sales charge as of 04/21/2021
18.54%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 03/31/2021
- Total Net Assets
- $824.01 M
- Inception Date
- 08/01/2019
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 0.94%
- Fund Net Expense Ratio
- 0.71%
- Number of Holdings
- 36
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 14.55% | 87.98% | - | - | - | 15.03% |
Lipper Category Avg. Large-Cap Value Funds | 11.35% | 57.26% | - | - | - | - |
Russell 1000® Value Index | 11.25% | 56.09% | - | - | - | 13.47% |
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 14.55% | 87.98% | - | - | - | 15.03% |
Lipper Category Avg. Large-Cap Value Funds | 11.35% | 57.26% | - | - | - | - |
Russell 1000® Value Index | 11.25% | 56.09% | - | - | - | 13.47% |
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
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.
TEN LARGEST HOLDINGS as of 03/31/2021
Holding | Assets |
---|---|
CIT Group Inc | 4.1% |
Citigroup Inc | 3.7% |
Ameriprise Financial Inc | 3.5% |
Caesars Entertainment Inc | 3.5% |
McAfee Corp | 3.4% |
Facebook Inc | 3.3% |
NRG Energy Inc | 3.3% |
Hartford Financial Services Group Inc/The | 3.1% |
Nexstar Media Group Inc | 3.1% |
Raytheon Technologies Corp | 3.1% |
Sector Allocationas of 03/31/2021
Sector | Weighting | Fund Change from Previous Quarter |
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Sector | Weighting | Fund Change from Previous Quarter |
---|---|---|
Communication Services |
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Real Estate | 0.0% | |
Utilities | 0.0% | |
Consumer Discretionary |
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Consumer Staples |
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Energy |
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Financials |
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Health Care |
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Industrials |
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Information Technology |
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Materials | 0.0% |
INVESTMENT TEAM



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Performance
Performance
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 14.55% | 87.98% | - | - | - | 15.03% |
Lipper Category Avg. Large-Cap Value Funds | 11.35% | 57.26% | - | - | - | - |
Russell 1000® Value Index | 11.25% | 56.09% | - | - | - | 13.47% |
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 14.55% | 87.98% | - | - | - | 15.03% |
Lipper Category Avg. Large-Cap Value Funds | 11.35% | 57.26% | - | - | - | - |
Russell 1000® Value Index | 11.25% | 56.09% | - | - | - | 13.47% |
Fund Expense Ratio :
Gross 0.94%
Net 0.71%
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 07/31/2019. Performance is calculated from this date.
Year | Fund Returns | Russell 1000® Value Index |
---|
2020 | 4.87% | 2.80% |
2019 | 5.15% | 26.54% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2021 | 14.55% | - | - | - | 18.54% |
2020 | -36.10% | 29.04% | 2.09% | 24.57% | 4.87% |
2019 | - | - | - | 5.92% | 5.15% |
Year | Fund Returns | Russell 1000® Value Index |
---|
2020 | 4.87% | 2.80% |
2019 | 5.15% | 26.54% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2021 | 14.55% | - | - | - | 18.54% |
2020 | -36.10% | 29.04% | 2.09% | 24.57% | 4.87% |
2019 | - | - | - | 5.92% | 5.15% |
NAV HISTORICAL PRICES
Date | Net Asset Value |
---|
Portfolio
Portfolio
Holding | Sector | Assets |
---|
CIT Group Inc | Financials | 4.1% |
Citigroup Inc | Financials | 3.7% |
Ameriprise Financial Inc | Financials | 3.5% |
Caesars Entertainment Inc | Consumer Discretionary | 3.5% |
McAfee Corp | Information Technology | 3.4% |
Facebook Inc | Communication Services | 3.3% |
NRG Energy Inc | Utilities | 3.3% |
Hartford Financial Services Group Inc/The | Financials | 3.1% |
Nexstar Media Group Inc | Communication Services | 3.1% |
Raytheon Technologies Corp | Industrials | 3.1% |
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 |
---|
Caesars Entertainment Inc | Consumer Discretionary | 4.0% |
CIT Group Inc | Financials | 3.9% |
Ameriprise Financial Inc | Financials | 3.6% |
McAfee Corp | Information Technology | 3.6% |
Citigroup Inc | Financials | 3.6% |
Nexstar Media Group Inc | Communication Services | 3.3% |
Hartford Financial Services Group Inc/The | Financials | 3.2% |
Raytheon Technologies Corp | Industrials | 3.2% |
JPMorgan Chase & Co | Financials | 3.2% |
Fidelity National Financial Inc | Financials | 3.1% |
Facebook Inc | Communication Services | 3.1% |
Dow Inc | Materials | 3.1% |
Invesco Ltd | Financials | 3.0% |
NRG Energy Inc | Utilities | 3.0% |
Lear Corp | Consumer Discretionary | 2.9% |
AbbVie Inc | Health Care | 2.9% |
Comcast Corp | Communication Services | 2.9% |
TJX Cos Inc/The | Consumer Discretionary | 2.8% |
Spectrum Brands Holdings Inc | Consumer Staples | 2.8% |
Lowe's Cos Inc | Consumer Discretionary | 2.8% |
Masco Corp | Industrials | 2.7% |
Avnet Inc | Information Technology | 2.6% |
Westinghouse Air Brake Technologies Corp | Industrials | 2.5% |
McKesson Corp | Health Care | 2.5% |
Allison Transmission Holdings Inc | Industrials | 2.5% |
Bristol-Myers Squibb Co. | Health Care | 2.5% |
KKR & Co Inc | Financials | 2.5% |
Philip Morris International Inc | Consumer Staples | 2.5% |
Universal Health Services Inc | Health Care | 2.4% |
CVS Health Corp | Health Care | 2.3% |
Intel Corp | Information Technology | 1.9% |
Pioneer Natural Resources Co | Energy | 1.7% |
Verizon Communications Inc | Communication Services | 1.7% |
TOTAL SE | Energy | 1.7% |
Schlumberger NV | Energy | 1.6% |
ONEOK Inc | Energy | 1.5% |
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 03/31/2021
Sector | Weighting | Fund Change from Previous Quarter |
---|
Sector | Weighting | Fund Change from Previous Quarter |
---|---|---|
Communication Services |
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|
Real Estate | 0.0% | |
Utilities | 0.0% | |
Consumer Discretionary |
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|
Consumer Staples |
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|
Energy |
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|
Financials |
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|
Health Care |
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|
Industrials |
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Information Technology |
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Materials | 0.0% |
PORTFOLIO DETAILS as of 03/31/2021
- Total Net Assets
- $824.01 M
- Number of Holdings
- 36
- Weighted Average Market Cap.
- 95.7 B
- P/B Ratio
- 2.5x
- P/E Ratio
- 17.9x
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 03/31/2021
Contributors
Holding | Contribution |
---|---|
CIT Group, Inc. | 1.5% |
Invesco Ltd | 1.3% |
Hartford Financial Services Group Inc/The | 1.2% |
McAfee Corp | 1.1% |
Nexstar Media Group Inc | 0.9% |
Detractors
Holding | Contribution |
---|---|
Harley-Davidson, Inc. | -0.3% |
Sabre Corp. | -0.2% |
Allison Transmission Holdings Inc | -0.1% |
Verizon Communications, Inc. | -0.1% |
TJX Cos Inc/The | -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
Focused Large Cap Value 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.
Fees & Expenses
Fees & Expenses
Expense Ratioas of 03/31/2021
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
0.94% | 0.71% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/28/2022. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
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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Prospectus (XBRL)
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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Commentary
Publish Date:11/03/2015
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