Mid Cap Stock Fund
Daily price w/o sales charge as of 09/21/2017
$29.47
$0.04
YTD Returns w/o sales charge as of 09/21/2017
2.75%
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 08/31/2017
- Total Net Assets
- $2.21 B
- Inception Date
- 06/28/1983
- Dividend Frequency
- Semi-Annually
- Number of Holdings
- 81
- CUSIP
- 543919104
- Minimum Initial Investment
- $1,000+
Expense Ratioas of 08/31/2017
Fund Expense Ratio :
0.97%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | 2.19% | 8.51% | 5.74% | 12.22% | 5.40% | 10.83% |
| Lipper Category Avg. Mid-Cap Value Funds | 3.74% | 11.57% | 5.15% | 12.55% | 6.76% | - |
| Russell Midcap® Value Index | 4.58% | 10.82% | 6.83% | 14.22% | 7.82% | - |
| w/ sales charge | -3.68% | 2.26% | 3.67% | 10.90% | 4.78% | 10.64% |
Fund Expense Ratio :
0.97%
Fund Expense Ratio :
0.97%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | 4.11% | 14.86% | 6.44% | 13.51% | 5.00% | 10.95% |
| Lipper Category Avg. Mid-Cap Value Funds | 4.26% | 18.02% | 5.75% | 13.51% | 6.12% | - |
| Russell Midcap® Value Index | 5.18% | 15.93% | 7.46% | 15.14% | 7.23% | - |
| w/ sales charge | -1.87% | 8.24% | 4.36% | 12.16% | 4.38% | 10.75% |
Fund Expense Ratio :
0.97%
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 08/31/2017View Portfolio
| Holding | Assets |
|---|---|
| Newell Rubbermaid, Inc. | 3.0% |
| XL Group Ltd. | 2.6% |
| Molson Coors Brewing Co. | 2.4% |
| Kansas City Southern | 2.1% |
| KeyCorp. | 2.0% |
| FirstEnergy Corp. | 1.8% |
| E*TRADE Financial Corp. | 1.8% |
| UDR, Inc. | 1.8% |
| Edison International | 1.7% |
| Highwoods Properties, Inc. | 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 08/31/2017View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Consumer Discretionary | |
| Telecommunication Services | |
| Utilities | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials | |
| Real Estate |
INVESTMENT TEAM
Your Representative
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Performance
Performance
Fund Expense Ratio :
0.97%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | 2.19% | 8.51% | 5.74% | 12.22% | 5.40% | 10.83% |
| Lipper Category Avg. Mid-Cap Value Funds | 3.74% | 11.57% | 5.15% | 12.55% | 6.76% | - |
| Russell Midcap® Value Index | 4.58% | 10.82% | 6.83% | 14.22% | 7.82% | - |
| w/ sales charge | -3.68% | 2.26% | 3.67% | 10.90% | 4.78% | 10.64% |
Fund Expense Ratio :
0.97%
Fund Expense Ratio :
0.97%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 06/28/1983 |
|---|
| w/o sales charge | 4.11% | 14.86% | 6.44% | 13.51% | 5.00% | 10.95% |
| Lipper Category Avg. Mid-Cap Value Funds | 4.26% | 18.02% | 5.75% | 13.51% | 6.12% | - |
| Russell Midcap® Value Index | 5.18% | 15.93% | 7.46% | 15.14% | 7.23% | - |
| w/ sales charge | -1.87% | 8.24% | 4.36% | 12.16% | 4.38% | 10.75% |
Fund Expense Ratio :
0.97%
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.
Best returns
| Durations | Fund Returns | Blended Index |
|---|
| 3-Mo | 23.12 | 31.23 |
| 1-Yr | 58.75 | 31.26 |
Worst returns
| Durations | Fund Returns | Blended Index |
|---|
| 3-Mo | -33.09 | -36.85 |
| 1-Yr | -44.55 | -47.66 |
Best & Worst returns reflect a cumulative return for the three-month and one-year periods.
| Year | Fund Returns | Russell Midcap® Value Index |
|---|
| 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% | -1.42% |
| 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% | - |
| 1997 | 31.54% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2017 | 2.54% | 1.53% | - | - | 2.75% |
| 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 07/31/2017
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 |
|---|
| Newell Rubbermaid, Inc. | Consumer Discretionary | 3.0% |
| XL Group Ltd. | Financials | 2.6% |
| Molson Coors Brewing Co. | Consumer Staples | 2.4% |
| Kansas City Southern | Industrials | 2.1% |
| KeyCorp. | Financials | 2.0% |
| FirstEnergy Corp. | Utilities | 1.8% |
| E*TRADE Financial Corp. | Financials | 1.8% |
| UDR, Inc. | Real Estate | 1.8% |
| Edison International | Utilities | 1.7% |
| Highwoods Properties, Inc. | 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 |
|---|
| Newell Rubbermaid, Inc. | Consumer Discretionary | 3.0% |
| XL Group Ltd. | Financials | 2.7% |
| Molson Coors Brewing Co. | Consumer Staples | 2.2% |
| Kansas City Southern | Industrials | 2.0% |
| KeyCorp. | Financials | 2.0% |
| Edison International | Utilities | 2.0% |
| Citizens Financial Group, Inc. | Financials | 1.8% |
| E*TRADE Financial Corp. | Financials | 1.7% |
| UDR, Inc. | Real Estate | 1.7% |
| FirstEnergy Corp. | Utilities | 1.6% |
| Hubbell, Inc. | Industrials | 1.6% |
| Great Plains Energy, Inc. | Utilities | 1.6% |
| Portland General Electric Co. | Utilities | 1.6% |
| PPL Corp. | Utilities | 1.6% |
| Hanover Insurance Group, Inc. | Financials | 1.6% |
| Highwoods Properties, Inc. | Real Estate | 1.6% |
| Noble Energy, Inc. | Energy | 1.5% |
| CIT Group, Inc. | Financials | 1.5% |
| Pentair, Inc. | Industrials | 1.5% |
| Hess Corp. | Energy | 1.5% |
| Williams Cos., Inc. | Energy | 1.5% |
| Duke Realty Corp. | Real Estate | 1.5% |
| East West Bancorp, Inc. | Financials | 1.4% |
| Alaska Air Group, Inc. | Industrials | 1.4% |
| Conduent, Inc. | Information Technology | 1.4% |
| Textron, Inc. | Industrials | 1.4% |
| DENTSPLY International, Inc. | Health Care | 1.4% |
| Hartford Financial Services Group, Inc. | Financials | 1.3% |
| Alexandria Real Estate Equities, Inc. | Real Estate | 1.3% |
| Eastman Chemical Co. | Materials | 1.3% |
| Graphic Packaging Holding Co. | Materials | 1.3% |
| Patterson-UTI Energy, Inc. | Energy | 1.3% |
| Cimarex Energy Co. | Energy | 1.3% |
| MGM Resorts International | Consumer Discretionary | 1.2% |
| Healthcare Trust of America, Inc. | Real Estate | 1.2% |
| AMETEK, Inc. | Industrials | 1.2% |
| Qorvo, Inc. | Information Technology | 1.2% |
| Arch Capital Group Ltd. | Financials | 1.2% |
| Parker Hannifin Corp. | Industrials | 1.1% |
| Vornado Realty Trust | Real Estate | 1.1% |
| Zimmer Biomet Holdings, Inc. | Health Care | 1.1% |
| Lincoln National Corp. | Financials | 1.1% |
| Coca-Cola European Partners plc | Consumer Staples | 1.1% |
| Concho Resources, Inc. | Energy | 1.1% |
| Envision Healthcare Corp. | Health Care | 1.1% |
| Royal Caribbean Cruises Ltd. | Consumer Discretionary | 1.0% |
| Freeport-McMoRan, Inc. | Materials | 1.0% |
| Whirlpool Corp. | Consumer Discretionary | 1.0% |
| Teradyne, Inc. | Information Technology | 1.0% |
| Ingersoll-Rand plc | Industrials | 1.0% |
| Steel Dynamics, Inc. | Materials | 1.0% |
| B&G Foods, Inc. | Consumer Staples | 1.0% |
| Fluor Corp. | Industrials | 1.0% |
| CSRA, Inc. | Information Technology | 1.0% |
| HealthSouth Corp. | Health Care | 1.0% |
| Brixmor Property Group, Inc. | Real Estate | 0.9% |
| FMC Corp. | Materials | 0.9% |
| Axis Capital Holdings Ltd. | Financials | 0.9% |
| Agilent Technologies, Inc. | Health Care | 0.9% |
| Lennar Corp. | Consumer Discretionary | 0.9% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 0.9% |
| ITT, Inc. | Industrials | 0.9% |
| OM Asset Management plc | Financials | 0.9% |
| NetApp, Inc. | Information Technology | 0.8% |
| Astoria Financial Corp. | Financials | 0.8% |
| Bunge Ltd. | Consumer Staples | 0.8% |
| Allstate Corp. | Financials | 0.8% |
| Juniper Networks, Inc. | Information Technology | 0.8% |
| Packaging Corp. of America | Materials | 0.8% |
| Apartment Investment & Management Co. | Real Estate | 0.8% |
| L Brands, Inc. | Consumer Discretionary | 0.7% |
| Kennametal, Inc. | Industrials | 0.7% |
| Mallinckrodt plc | Health Care | 0.7% |
| Cabot Oil & Gas Corp. | Energy | 0.7% |
| Alcoa Corp | Materials | 0.7% |
| PerkinElmer, Inc. | Health Care | 0.7% |
| Skyworks Solutions, Inc. | Information Technology | 0.7% |
| Maxim Integrated Products, Inc. | Information Technology | 0.6% |
| Invitation Homes, Inc. | Real Estate | 0.6% |
| Webster Financial Corp. | Financials | 0.6% |
| Sally Beauty Holdings, Inc. | Consumer Discretionary | 0.6% |
| Western Digital Corp. | Information Technology | 0.5% |
| Snyders-Lance, Inc. | Consumer Staples | 0.2% |
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 08/31/2017
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Consumer Discretionary |
0.9%
|
|
| Telecommunication Services | 0.0% | |
| Utilities |
 0.7%
|
|
| Consumer Staples |
1.1%
|
|
| Energy |
0.9%
|
|
| Financials |
1.8%
|
|
| Health Care |
0.4%
|
|
| Industrials |
1.1%
|
|
| Information Technology |
1.3%
|
|
| Materials |
1.4%
|
|
| Real Estate |
0.8%
|
PORTFOLIO DETAILS as of 08/31/2017
- Weighted Average Market Cap.
- 12.5 B
- P/E Ratio
- 20.1x
- P/B Ratio
- 2.0x
- Portfolio Turnover Ratio as of 12/30/2016
- 69.0%
- Number of Holdings
- 81
- Total Net Assets
- $2.21 B
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 06/30/2017
Contributors
| Holding | Contribution |
|---|---|
| Kansas City Southern | 0.4% |
| Newell Rubbermaid, Inc. | 0.3% |
| XL Group Ltd. | 0.3% |
| MGM Resorts International | 0.2% |
| Alere, Inc. | 0.2% |
Detractors
| Holding | Contribution |
|---|---|
| Marathon Oil Corp. | -0.4% |
| Nabors Industries Ltd. | -0.3% |
| Noble Energy, Inc. | -0.3% |
| Cimarex Energy Co. | -0.3% |
| Weatherford International Ltd. | -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 09/21/2017
- $0.009
- Dividend Frequency
- Semi-Annually
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 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 |
|---|---|---|
| 12/14/2017 | 12/15/2017 | 12/15/2017 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 02/04/2008 | 02/05/2008 | $0.7970 | $0.0236 | $0.8206 | $16.41 |
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 |
|---|---|
| 12/14/2017 | 12/15/2017 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 09/21/2017
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $31.27 |
| $50,000 to $99,999 | 4.75% | 4.00% | $30.94 |
| $100,000 to $249,999 | 3.95% | 3.25% | $30.68 |
| $250,000 to $499,999 | 2.75% | 2.25% | $30.30 |
| $500,000 to $999,999 | 1.95% | 1.75% | $30.06 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $29.47 |
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 08/31/2017
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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