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 08/30/2019

Total Net Assets
$1.69 B
Inception Date
03/31/2008
Dividend Frequency
Semi-Annually
Fund Expense Ratio
1.23%
Number of Holdings
83

Fund Expense Ratio :

1.23%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/31/2008
w/o sales charge 11.53% -8.18% 2.53% 3.17% 9.73% 6.27%
Lipper Category Avg. Mid-Cap Value Funds 11.82% -7.90% 4.73% 3.76% 10.58% -
Russell Midcap® Value Index 14.81% -3.13% 6.54% 5.88% 12.46% 8.85%

Fund Expense Ratio :

1.23%

Fund Expense Ratio :

1.23%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/31/2008
w/o sales charge 14.89% -1.12% 4.87% 3.80% 11.42% 6.64%
Lipper Category Avg. Mid-Cap Value Funds 16.15% -1.06% 7.71% 4.66% 12.49% -
Russell Midcap® Value Index 18.02% 3.68% 8.95% 6.72% 14.56% 9.26%

Fund Expense Ratio :

1.23%

TEN LARGEST HOLDINGS as of 08/30/2019View Portfolio

Holding Assets
FirstEnergy Corp. 2.2%
Hartford Financial Services Group, Inc. 2.2%
Axis Capital Holdings Ltd. 2.1%
CMS Energy Corp. 2.0%
Evergy Inc 1.9%
Alexandria Real Estate Equities, Inc. 1.9%
Universal Health Services, Inc. 1.8%
E*TRADE Financial Corp. 1.8%
Duke Realty Corp. 1.7%
Masco Corp. 1.7%

INVESTMENT TEAM

Eli Rabinowich
Eli Rabinowich

Portfolio Manager

14 Years of Industry Experience

Jeff Diamond
Jeff Diamond, CFA

Portfolio Manager

31 Years of Industry Experience

Supported By 39 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 :

1.23%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/31/2008
w/o sales charge 11.53% -8.18% 2.53% 3.17% 9.73% 6.27%
Lipper Category Avg. Mid-Cap Value Funds 11.82% -7.90% 4.73% 3.76% 10.58% -
Russell Midcap® Value Index 14.81% -3.13% 6.54% 5.88% 12.46% 8.85%

Fund Expense Ratio :

1.23%

Fund Expense Ratio :

1.23%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 03/31/2008
w/o sales charge 14.89% -1.12% 4.87% 3.80% 11.42% 6.64%
Lipper Category Avg. Mid-Cap Value Funds 16.15% -1.06% 7.71% 4.66% 12.49% -
Russell Midcap® Value Index 18.02% 3.68% 8.95% 6.72% 14.56% 9.26%

Fund Expense Ratio :

1.23%

Year Fund Returns Russell Midcap® Value Index
2018 -14.66% -12.29%
2017 6.76% 13.34%
2016 16.29% 20.00%
2015 -3.77% -4.78%
2014 11.45% 14.75%
2013 30.07% 33.46%
2012 14.33% 18.51%
2011 -4.10% -1.38%
2010 25.38% 24.75%
2009 26.65% 34.21%
2008 -39.57% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 13.33% 1.37% - - 16.45%
2018 -1.79% 0.96% 4.03% -17.27% -14.66%
2017 2.47% 1.51% 0.06% 2.57% 6.76%
2016 1.80% 3.69% 4.18% 5.76% 16.29%
2015 3.48% -1.36% -8.36% 2.89% -3.77%
2014 3.12% 5.05% -3.32% 6.42% 11.45%
2013 12.20% 1.75% 4.68% 8.82% 30.07%
2012 11.38% -7.18% 5.57% 4.75% 14.33%
2011 7.97% 0.00% -22.36% 14.40% -4.10%
2010 7.27% -9.34% 12.51% 14.60% 25.38%
2009 -12.24% 14.27% 19.50% 5.68% 26.65%
2008 -13.35% 0.07% -11.54% -21.21% -39.57%

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 06/30/2019

  • The portfolio employs a fundamental, bottom-up individual stock selection strategy that focuses on quality companies with compelling valuations over a long term horizon.
  • We initiated a position in shares of Clorox Co., a diversified manufacturer of household consumer and professional products.  Recent competitive pressure in certain product lines has depressed near-term free cash flow growth. We believe this has created an attractive entry point for investment as these pressures are largely transitory and we are confident that management’s actions will be effective in restoring competitive balance over time.
  • We also initiated a position in shares of Universal Health Services, a leading operator of acute care hospitals and behavioral health facilities. Changes in Medicaid reimbursement have pressured margins in the U.S. behavioral business. We expect these pressures to stabilize, which may allow margins to expand over time. We also believe that management has shown themselves to be good stewards of capital through acquisitions, capital investments, and returns to shareholders.
  • We eliminated the portfolio's position in PerkinElmer, Inc., a global corporation focused on diagnostic, life science research, and industrial testing, which was consistent with our normalized free cash flow framework.

PORTFOLIO DETAILS as of 08/30/2019

Total Net Assets
$1.69 B
Number of Holdings
83
Weighted Average Market Cap.
13.1 B
P/B Ratio
1.9x
P/E Ratio
16.4x

Contributors & Detractors as of  06/28/2019

Contributors

Holding Contribution
RenaissanceRe Holdings Ltd. 0.3%
EMCOR Group, Inc. 0.3%
Lundin Mining Corp. 0.3%
ARAMARK Holdings Corp. 0.2%
Hartford Financial Services Group, Inc. 0.2%

Detractors

Holding Contribution
Urban Outfitters, Inc. -0.5%
Foot Locker, Inc. -0.5%
Conduent, Inc. -0.5%
Mylan, Inc. -0.2%
TreeHouse Foods, Inc. -0.2%

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 09/18/2019
$0.002
Dividend Frequency
Semi-Annually
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
07/30/2019 07/31/2019 07/31/2019 $0.00210 $27.73

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
12/17/2019 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 $24.24

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
12/17/2019 12/18/2019

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 08/31/2019

1.23%

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 R3 - The performance quotations for Class R3 reflect the following methods of calculation: (a) for periods prior to the inception date for Class R3, a restated figure is used based on the Fund's Class A performance, excluding the effect of Class A's maximum sales charge (which does not apply to Class R3, adjusted to reflect the Rule 12b-1 rate differential between Class A and Class R3, which has a higher 12b-1 fee than Class A; and (b) for periods after the inception date for Class R3, actual Class R3 performance is used reflecting all charges and fees applicable to Class R3 shares. Hypothetical performance data for Class R3, as measured from since inception of the Fund using the methodology described above, is not available if the Class A inception date is equal or greater than ten years old. Please refer to the Class R3 performance information for the inception date for Class R3. Please refer to the Class A performance information for the inception date for Class A.

Class R3 shares are only offered to certain eligible investors.  For additional information, see the Fund’s current prospectus.

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