Mid Cap Stock Fund
Daily price w/o sales charge as of 06/22/2018
$30.00
$0.07
YTD Returns w/o sales charge as of 06/22/2018
0.33%
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 by investing primarily in stocks of mid-sized U.S. companies.
Fund Basicsas of 05/31/2018
- Total Net Assets
- $1.73 B
- Inception Date
- 06/28/1983
- Dividend Frequency
- Semi-Annually
- Number of Holdings
- 88
- CUSIP
- 543919104
- Minimum Initial Investment
- $1,000+
Expense Ratioas of 05/31/2018
Fund Expense Ratio :
0.95%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | -0.17% | 3.36% | 4.78% | 8.64% | 6.80% | 10.73% |
| Lipper Category Avg. Mid-Cap Value Funds | -0.62% | 9.15% | 6.50% | 9.64% | 8.14% | - |
| Russell Midcap® Value Index | -0.96% | 8.32% | 7.57% | 10.83% | 8.95% | - |
| w/ sales charge | -5.90% | -2.59% | 2.73% | 7.36% | 6.18% | 10.54% |
Fund Expense Ratio :
0.95%
Fund Expense Ratio :
0.95%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | -1.77% | 2.53% | 4.53% | 8.90% | 7.71% | 10.73% |
| Lipper Category Avg. Mid-Cap Value Funds | -2.18% | 6.79% | 6.25% | 9.92% | 8.92% | - |
| Russell Midcap® Value Index | -2.50% | 6.50% | 7.23% | 11.11% | 9.81% | - |
| w/ sales charge | -7.41% | -3.35% | 2.50% | 7.62% | 7.07% | 10.54% |
Fund Expense Ratio :
0.95%
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.
TEN LARGEST HOLDINGS as of 05/31/2018View Portfolio
| Holding | Assets |
|---|---|
| KeyCorp. | 2.3% |
| Textron, Inc. | 2.3% |
| FirstEnergy Corp. | 2.0% |
| Citizens Financial Group, Inc. | 2.0% |
| Great Plains Energy, Inc. | 1.8% |
| E*TRADE Financial Corp. | 1.8% |
| CMS Energy Corp. | 1.8% |
| UDR, Inc. | 1.7% |
| Conduent, Inc. | 1.7% |
| Duke Realty Corp. | 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 05/31/2018View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Consumer Discretionary | |
| Telecommunication Services | |
| Utilities | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials | |
| Real Estate |
INVESTMENT TEAM
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Performance
Performance
Fund Expense Ratio :
0.95%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | -0.17% | 3.36% | 4.78% | 8.64% | 6.80% | 10.73% |
| Lipper Category Avg. Mid-Cap Value Funds | -0.62% | 9.15% | 6.50% | 9.64% | 8.14% | - |
| Russell Midcap® Value Index | -0.96% | 8.32% | 7.57% | 10.83% | 8.95% | - |
| w/ sales charge | -5.90% | -2.59% | 2.73% | 7.36% | 6.18% | 10.54% |
Fund Expense Ratio :
0.95%
Fund Expense Ratio :
0.95%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | -1.77% | 2.53% | 4.53% | 8.90% | 7.71% | 10.73% |
| Lipper Category Avg. Mid-Cap Value Funds | -2.18% | 6.79% | 6.25% | 9.92% | 8.92% | - |
| Russell Midcap® Value Index | -2.50% | 6.50% | 7.23% | 11.11% | 9.81% | - |
| w/ sales charge | -7.41% | -3.35% | 2.50% | 7.62% | 7.07% | 10.54% |
Fund Expense Ratio :
0.95%
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.
| Year | Fund Returns | Russell Midcap® Value Index |
|---|
| 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% | -38.44% |
| 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% | - |
| 1998 | -0.45% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2018 | -1.77% | - | - | - | 0.33% |
| 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% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 04/30/2018
The chart begins on the Fund's inception date of 06/28/1983.
Based on a hypothetical Class A share investment of $10,000 on 06/28/1983 without sales charge and includes the reinvestment of all distributions.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| KeyCorp. | Financials | 2.3% |
| Textron, Inc. | Industrials | 2.3% |
| FirstEnergy Corp. | Utilities | 2.0% |
| Citizens Financial Group, Inc. | Financials | 2.0% |
| Great Plains Energy, Inc. | Utilities | 1.8% |
| E*TRADE Financial Corp. | Financials | 1.8% |
| CMS Energy Corp. | Utilities | 1.8% |
| UDR, Inc. | Real Estate | 1.7% |
| Conduent, Inc. | Information Technology | 1.7% |
| Duke Realty Corp. | Real Estate | 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 |
|---|
| KeyCorp. | Financials | 2.4% |
| Pentair, Inc. | Industrials | 2.2% |
| Textron, Inc. | Industrials | 2.1% |
| Citizens Financial Group, Inc. | Financials | 2.0% |
| FirstEnergy Corp. | Utilities | 2.0% |
| E*TRADE Financial Corp. | Financials | 1.9% |
| CMS Energy Corp. | Utilities | 1.8% |
| Great Plains Energy, Inc. | Utilities | 1.8% |
| Concho Resources, Inc. | Energy | 1.8% |
| Tesoro Corp. | Energy | 1.7% |
| UDR, Inc. | Real Estate | 1.7% |
| Edison International | Utilities | 1.7% |
| Conduent, Inc. | Information Technology | 1.7% |
| Alexandria Real Estate Equities, Inc. | Real Estate | 1.6% |
| Duke Realty Corp. | Real Estate | 1.6% |
| CIT Group, Inc. | Financials | 1.5% |
| NetApp, Inc. | Information Technology | 1.5% |
| Hartford Financial Services Group, Inc. | Financials | 1.5% |
| Hanover Insurance Group, Inc. | Financials | 1.5% |
| Boston Properties, Inc. | Real Estate | 1.4% |
| Hess Corp. | Energy | 1.4% |
| Zimmer Biomet Holdings, Inc. | Health Care | 1.4% |
| First Horizon National Corp. | Financials | 1.4% |
| Eastman Chemical Co. | Materials | 1.4% |
| Ashland Global Holdings, Inc. | Materials | 1.4% |
| RenaissanceRe Holdings Ltd. | Financials | 1.3% |
| Noble Energy, Inc. | Energy | 1.3% |
| Advance Auto Parts, Inc. | Consumer Discretionary | 1.2% |
| MGM Resorts International | Consumer Discretionary | 1.2% |
| Argo Group International Holdings Ltd. | Financials | 1.2% |
| Hubbell, Inc. | Industrials | 1.2% |
| Kansas City Southern | Industrials | 1.2% |
| HealthSouth Corp. | Health Care | 1.2% |
| Lincoln National Corp. | Financials | 1.2% |
| PerkinElmer, Inc. | Health Care | 1.2% |
| Alaska Air Group, Inc. | Industrials | 1.2% |
| Parker Hannifin Corp. | Industrials | 1.2% |
| Steel Dynamics, Inc. | Materials | 1.1% |
| OM Asset Management plc | Financials | 1.1% |
| Sterling Bancorp/DE | Financials | 1.1% |
| Healthcare Trust of America, Inc. | Real Estate | 1.1% |
| Lennar Corp. | Consumer Discretionary | 1.1% |
| Cimarex Energy Co. | Energy | 1.1% |
| Dollar Tree, Inc. | Consumer Discretionary | 1.1% |
| Invitation Homes, Inc. | Real Estate | 1.1% |
| DENTSPLY International, Inc. | Health Care | 1.1% |
| Graphic Packaging Holding Co. | Materials | 1.1% |
| East West Bancorp, Inc. | Financials | 1.1% |
| Keysight Technologies, Inc. | Information Technology | 1.1% |
| Cardinal Health, Inc. | Health Care | 1.1% |
| Coca-Cola European Partners plc | Consumer Staples | 1.0% |
| ITT, Inc. | Industrials | 1.0% |
| Huntington Ingalls Industries, Inc. | Industrials | 1.0% |
| Axalta Coating Systems Ltd. | Materials | 1.0% |
| Mylan, Inc. | Health Care | 0.9% |
| Entergy Corp. | Utilities | 0.9% |
| Jacobs Engineering Group, Inc. | Industrials | 0.9% |
| AMETEK, Inc. | Industrials | 0.9% |
| Cott Corp. | Consumer Staples | 0.9% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 0.9% |
| Qorvo, Inc. | Information Technology | 0.9% |
| Validus Holdings Ltd. | Financials | 0.8% |
| Centene Corp. | Health Care | 0.8% |
| XL Group Ltd. | Financials | 0.8% |
| Lundin Mining Corp. | Materials | 0.8% |
| Bunge Ltd. | Consumer Staples | 0.8% |
| Hill-Rom Holdings, Inc. | Health Care | 0.8% |
| Marvell Technology Group Ltd. | Information Technology | 0.7% |
| Patterson-UTI Energy, Inc. | Energy | 0.7% |
| Flextronics International Ltd. | Information Technology | 0.7% |
| FMC Corp. | Materials | 0.7% |
| Camden Property Trust | Real Estate | 0.7% |
| Kennametal, Inc. | Industrials | 0.7% |
| Highwoods Properties, Inc. | Real Estate | 0.6% |
| Conagra Brands, Inc. | Consumer Staples | 0.6% |
| Parsley Energy, Inc. | Energy | 0.6% |
| Signature Bank | Financials | 0.6% |
| Alcoa Corp | Materials | 0.6% |
| Packaging Corp. of America | Materials | 0.6% |
| Lam Research Corp. | Information Technology | 0.5% |
| ADT Inc | Industrials | 0.5% |
| Cable One, Inc. | Consumer Discretionary | 0.5% |
| Dr. Pepper Snapple Group, Inc. | Consumer Staples | 0.5% |
| Lancashire Holdings Ltd. | Financials | 0.5% |
| Axis Capital Holdings Ltd. | Financials | 0.4% |
| Aspen Insurance Holdings Ltd. | Financials | 0.3% |
| Pinnacle Foods Group LLC | Consumer Staples | 0.3% |
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 05/31/2018
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Consumer Discretionary |
 1.1%
|
|
| Telecommunication Services | 0.0% | |
| Utilities |
0.5%
|
|
| Consumer Staples |
1.4%
|
|
| Energy |
1.4%
|
|
| Financials |
0.8%
|
|
| Health Care |
0.5%
|
|
| Industrials |
0.5%
|
|
| Information Technology |
1.0%
|
|
| Materials |
0.1%
|
|
| Real Estate |
0.4%
|
PORTFOLIO DETAILS as of 05/31/2018
- Total Net Assets
- $1.73 B
- Number of Holdings
- 88
- Weighted Average Market Cap.
- 12.1 B
- P/B Ratio
- 2.0x
- Portfolio Turnover Ratio as of 12/29/2017
- 66.7%
- P/E Ratio
- 20.4x
To view definitions for the above Portfolio Details, Click here.
Market Capitalization Breakdown - Morningstar separates stock portfolio holdings into five market-capitalization groups: Giant, Large, Mid, Small, and Micro. Of the 5000 largest domestic stocks in their equities database, the top 1% are categorized as Giant, the next 4% are Large, the next 15% are Mid, the next 30% are Small, and the remaining 50% are Micro. Stocks outside of the largest 5000 are also classified as Micro.
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 03/29/2018
Contributors
| Holding | Contribution |
|---|---|
| XL Group Ltd. | 0.7% |
| Validus Holdings Ltd. | 0.4% |
| CSRA, Inc. | 0.4% |
| FirstEnergy Corp. | 0.2% |
| E*TRADE Financial Corp. | 0.2% |
Detractors
| Holding | Contribution |
|---|---|
| Cimarex Energy Co. | -0.4% |
| Adt Inc | -0.4% |
| DENTSPLY International, Inc. | -0.3% |
| Patterson-UTI Energy, Inc. | -0.2% |
| Parker Hannifin Corp. | -0.2% |
% 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
| Mid Cap Stock 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 Growth Opportunities 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.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 06/22/2018
- $0
- Dividend Frequency
- Semi-Annually
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 12/14/2017 | 12/15/2017 | 12/15/2017 | $0.26230 | $29.58 |
| 07/27/2017 | 07/28/2017 | 07/28/2017 | $0.00920 | $30.05 |
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 |
|---|---|---|
| 07/30/2018 | 07/31/2018 | 07/31/2018 |
| 12/17/2018 | 12/18/2018 | 12/18/2018 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/14/2017 | 12/15/2017 | $0.5275 | - | $0.5275 | $29.58 |
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 |
|---|---|
| 07/30/2018 | 07/31/2018 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 06/22/2018
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $31.83 |
| $50,000 to $99,999 | 4.75% | 4.00% | $31.50 |
| $100,000 to $249,999 | 3.95% | 3.25% | $31.23 |
| $250,000 to $499,999 | 2.75% | 2.25% | $30.85 |
| $500,000 to $999,999 | 1.95% | 1.75% | $30.60 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $30.00 |
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 05/31/2018
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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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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Flyer - Small & Mid Cap Strategies
Publish Date:11/03/2015
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