Image alt tag

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

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.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Mid Cap Stock Fund

Summary

Summary

What is the Mid Cap Stock Fund?

The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of mid-sized U.S. companies.

Fund Basicsas of 03/29/2019

Total Net Assets
$2.12 B
Inception Date
06/28/1983
Dividend Frequency
Semi-Annually
Number of Holdings
85
Minimum Initial Investment
$1,000+

Expense Ratioas of 03/31/2019

Fund Expense Ratio :

0.98%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/28/1983
w/o sales charge 13.37% -1.36% 5.87% 4.77% 12.96% 10.37%
Lipper Category Avg. Mid-Cap Value Funds 13.41% -1.54% 7.57% 4.92% 14.29% -
Russell Midcap® Value Index 14.37% 2.89% 9.50% 7.22% 16.39% -
w/ sales charge 6.87% -7.03% 3.80% 3.53% 12.29% 10.19%

Fund Expense Ratio :

0.98%

Fund Expense Ratio :

0.98%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/28/1983
w/o sales charge 13.37% -1.36% 5.87% 4.77% 12.96% 10.37%
Lipper Category Avg. Mid-Cap Value Funds 13.41% -1.54% 7.57% 4.92% 14.29% -
Russell Midcap® Value Index 14.37% 2.89% 9.50% 7.22% 16.39% -
w/ sales charge 6.87% -7.03% 3.80% 3.53% 12.29% 10.19%

Fund Expense Ratio :

0.98%

RELATED CONTENT

Lord Abbett Mid Cap Value Strategy: Three-Part Harmony
March 8, 2017

Blending astute stock selection, research, and risk management to deliver alpha

TEN LARGEST HOLDINGS as of 03/29/2019View Portfolio

Holding Assets
FirstEnergy Corp. 2.4%
KeyCorp. 2.1%
Edison International 1.8%
Alexandria Real Estate Equities, Inc. 1.8%
Citizens Financial Group, Inc. 1.8%
Hubbell, Inc. 1.7%
UDR, Inc. 1.7%
Noble Energy, Inc. 1.7%
Hartford Financial Services Group, Inc. 1.7%
Stanley Black & Decker, Inc. 1.7%

INVESTMENT TEAM

Eli Rabinowich
Eli Rabinowich

Portfolio Manager

15 Years of Industry Experience

Jeff Diamond
Jeff Diamond, CFA

Portfolio Manager

32 Years of Industry Experience

So Young Lee
So Young Lee

Portfolio Manager

19 Years of Industry Experience

Supported By 38 Investment Professionals with 18 Years Avg. Industry Experience

Your Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

0.98%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/28/1983
w/o sales charge 13.37% -1.36% 5.87% 4.77% 12.96% 10.37%
Lipper Category Avg. Mid-Cap Value Funds 13.41% -1.54% 7.57% 4.92% 14.29% -
Russell Midcap® Value Index 14.37% 2.89% 9.50% 7.22% 16.39% -
w/ sales charge 6.87% -7.03% 3.80% 3.53% 12.29% 10.19%

Fund Expense Ratio :

0.98%

Fund Expense Ratio :

0.98%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/28/1983
w/o sales charge 13.37% -1.36% 5.87% 4.77% 12.96% 10.37%
Lipper Category Avg. Mid-Cap Value Funds 13.41% -1.54% 7.57% 4.92% 14.29% -
Russell Midcap® Value Index 14.37% 2.89% 9.50% 7.22% 16.39% -
w/ sales charge 6.87% -7.03% 3.80% 3.53% 12.29% 10.19%

Fund Expense Ratio :

0.98%

Year Fund Returns Russell Midcap® Value Index
2018 -14.54% -12.29%
2017 7.03% 13.34%
2016 16.61% 20.00%
2015 -3.55% -4.78%
2014 11.60% 14.75%
2013 30.32% 33.46%
2012 14.49% 18.51%
2011 -3.95% -1.38%
2010 25.55% 24.75%
2009 26.67% 34.21%
2008 -39.44% -
2007 0.54% -
2006 12.36% -
2005 8.16% -
2004 24.10% -
2003 24.94% -
2002 -9.75% -
2001 8.00% -
2000 53.30% -
1999 4.24% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 13.37% - - - 17.66%
2018 -1.77% 1.02% 4.09% -17.26% -14.54%
2017 2.54% 1.53% 0.13% 2.67% 7.03%
2016 1.90% 3.73% 4.25% 5.83% 16.61%
2015 3.52% -1.27% -8.31% 2.92% -3.55%
2014 3.13% 5.08% -3.29% 6.48% 11.60%
2013 12.26% 1.79% 4.73% 8.89% 30.32%
2012 11.48% -7.17% 5.58% 4.79% 14.49%
2011 8.03% 0.11% -22.38% 14.42% -3.95%
2010 7.31% -9.29% 12.51% 14.64% 25.55%
2009 -12.27% 14.32% 19.50% 5.70% 26.67%
2008 -13.32% 0.13% -11.53% -21.13% -39.44%
2007 4.99% 6.02% -3.76% -6.15% 0.54%
2006 3.65% -2.85% 2.43% 8.94% 12.36%
2005 -0.15% 2.22% 4.25% 1.65% 8.16%
2004 6.53% 2.64% 0.29% 13.16% 24.10%
2003 -7.85% 15.39% 4.55% 12.39% 24.94%
2002 5.73% -6.16% -14.72% 6.65% -9.75%
2001 -2.05% 5.32% -7.94% 13.72% 8.00%
2000 10.84% 6.77% 12.83% 14.81% 53.30%
1999 -6.31% 17.56% -7.58% 2.40% 4.24%
1998 8.45% 0.07% -17.30% 10.92% -0.45%
1997 1.08% 13.81% 12.06% 2.03% 31.54%
1996 6.72% 0.43% 4.17% 8.58% 21.23%
1995 7.66% 6.63% 5.41% 4.19% 26.09%
1994 -3.01% -0.62% 5.08% -4.50% -3.27%
1993 6.84% 0.59% 3.77% 2.18% 13.95%
1992 2.21% -0.26% 1.86% 9.28% 13.46%
1991 12.05% -0.87% 5.44% 8.75% 27.36%
1990 -1.62% 2.87% -14.71% 10.48% -4.64%
1989 5.02% 6.61% 6.88% 0.36% 20.10%
1988 11.00% 9.02% -4.36% -0.10% 15.62%
1987 13.50% 0.50% 9.33% -23.17% -4.18%
1986 17.62% 5.67% -6.69% 0.32% 16.34%
1985 5.88% 9.74% -4.39% 21.22% 34.67%
1984 -10.14% -5.12% 11.04% 4.51% -1.05%
1983 - - 0.33% 2.07% 2.51%

Growth of $10,000 as of 03/31/2019

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 03/31/2019

  • The portfolio employs a fundamental, bottom-up individual stock selection strategy that leans towards quality companies with compelling valuation over a long term horizon.
  • We initiated a position in shares of Masco Corporation, a company that manufactures a variety of residential building products. Under new management, the company has aggressively restructured, exiting low margin businesses, removing excess capacity and revitalizing its relationships in the dealer channel, leading to better overall execution and profitability.  Furthermore, a new strategic review was just announced that we believe should continue this trend of improved focus on quality and better returns.
  • We purchased shares of Avnet, Inc., a global distributor of primarily semiconductor products and related services. We expect the company to increase operating margins over the next few years as the company recovers from a problematic ERP system implementation in its Americas business and continues to grow its higher margin “Demand Creation” businesses.
  • We sold the portfolio’s position in Corning, Inc., a glass and ceramics manufacturer, which was consistent with our normalized free cash flow framework.
  • We eliminated the portfolio’s position in Jacobs Engineering Group, Inc., an international technical professional services firm, which was consistent with our normalized free cash flow framework.

PORTFOLIO DETAILS as of 03/29/2019

Total Net Assets
$2.12 B
Number of Holdings
85
Weighted Average Market Cap.
12.2 B
P/B Ratio
1.9x
Portfolio Turnover Ratio as of 12/31/2018
48.2%
P/E Ratio
15.7x

Contributors & Detractors as of  03/29/2019

Contributors

Holding Contribution
Keysight Technologies, Inc. 0.6%
Hess Corp. 0.5%
Noble Energy, Inc. 0.4%
Alexandria Real Estate Equities, Inc. 0.4%
Conduent, Inc. 0.4%

Detractors

Holding Contribution
Alaska Air Group, Inc. -0.1%
Centene Corp. -0.1%
HealthSouth Corp. -0.1%
F5 Networks, Inc. 0.0%
Coach, Inc. 0.0%

Attribution Analysis 

Mid Cap Stock 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 04/23/2019
$0
Dividend Frequency
Semi-Annually
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
12/17/2018 12/18/2018 12/18/2018 $0.25410 $24.47
07/30/2018 07/31/2018 07/31/2018 $0.00270 $30.54

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
07/30/2019 07/31/2019 07/31/2019
12/17/2019 12/18/2019 12/18/2019

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/17/2018 12/18/2018 $1.3167 - $1.3167 $24.47

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
07/30/2019 07/31/2019

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 04/23/2019

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $50,000 5.75% 5.00% $29.97
$50,000 to $99,999 4.75% 4.00% $29.66
$100,000 to $249,999 3.95% 3.25% $29.41
$250,000 to $499,999 2.75% 2.25% $29.05
$500,000 to $999,999 1.95% 1.75% $28.81
$1,000,000 to $5,000,000 0.00% 1.00% $28.25

EXPENSE RATIOas of 03/31/2019

Fund Documents

Fund Documents

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

0Documents selected
Order
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
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

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

The Russell Midcap® Value Index measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth values. The stocks are also members of the Russell 1000 Value index.

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