Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
23.3%
1 yr return
29.9%
3 Yr Avg Return
8.3%
5 Yr Avg Return
9.2%
Net Assets
$6.24 B
Holdings in Top 10
27.5%
Expense Ratio 0.90%
Front Load N/A
Deferred Load N/A
Turnover 61.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of large companies. A large company is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index. In selecting investments, the portfolio management team focuses on U.S. companies that pay dividends and seeks to identify companies that it believes have the potential for capital appreciation.
Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, other instruments convertible or exercisable into the foregoing, and other investments with similar economic characteristics.
The Fund may invest up to 10% of its net assets in securities of foreign companies, including emerging market companies, American Depositary Receipts (“ADRs”), and other similar depositary receipts. In addition to ADRs, the Fund generally defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.
The investment team may consider environmental, social, and governance (“ESG”) factors in investment decisions. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
Period | LAFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.3% | -9.6% | 48.0% | 18.35% |
1 Yr | 29.9% | -0.8% | 61.8% | 20.69% |
3 Yr | 8.3%* | -2.3% | 33.8% | 69.23% |
5 Yr | 9.2%* | 0.3% | 46.6% | 78.37% |
10 Yr | 8.6%* | 1.7% | 25.3% | 60.94% |
* Annualized
Period | LAFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.5% | -16.9% | 46.1% | 33.95% |
2022 | -16.4% | -64.7% | 4.6% | 83.13% |
2021 | 21.8% | -44.2% | 57.5% | 23.11% |
2020 | -3.5% | -23.2% | 285.0% | 75.62% |
2019 | 19.8% | -21.4% | 48.5% | 43.85% |
Period | LAFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.3% | -9.6% | 48.0% | 18.35% |
1 Yr | 29.9% | -0.8% | 61.8% | 20.69% |
3 Yr | 8.3%* | -2.3% | 33.8% | 69.23% |
5 Yr | 9.2%* | 0.3% | 46.6% | 78.37% |
10 Yr | 8.6%* | 1.7% | 25.3% | 60.94% |
* Annualized
Period | LAFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.3% | -15.9% | 46.7% | 55.81% |
2022 | -10.0% | -42.0% | 8.5% | 83.88% |
2021 | 26.5% | 3.6% | 129.7% | 43.50% |
2020 | -1.5% | -22.6% | 304.8% | 84.38% |
2019 | 25.0% | -12.7% | 52.1% | 57.48% |
LAFPX | Category Low | Category High | LAFPX % Rank | |
---|---|---|---|---|
Net Assets | 6.24 B | 126 K | 163 B | 19.67% |
Number of Holdings | 70 | 2 | 1727 | 63.54% |
Net Assets in Top 10 | 1.68 B | 433 K | 39.5 B | 19.76% |
Weighting of Top 10 | 27.50% | 4.4% | 99.1% | 49.91% |
Weighting | Return Low | Return High | LAFPX % Rank | |
---|---|---|---|---|
Stocks | 96.53% | 4.16% | 102.49% | 77.27% |
Preferred Stocks | 2.37% | 0.00% | 13.68% | 3.15% |
Cash | 2.00% | 0.00% | 17.28% | 38.50% |
Other | 1.13% | -2.59% | 39.89% | 7.61% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 23.49% |
Bonds | 0.00% | 0.00% | 97.99% | 26.72% |
Weighting | Return Low | Return High | LAFPX % Rank | |
---|---|---|---|---|
Financial Services | 23.03% | 0.00% | 58.05% | 18.82% |
Healthcare | 17.20% | 0.00% | 30.08% | 54.59% |
Industrials | 13.51% | 0.00% | 42.76% | 22.00% |
Energy | 11.39% | 0.00% | 54.00% | 15.07% |
Technology | 8.91% | 0.00% | 54.02% | 68.35% |
Consumer Defense | 7.92% | 0.00% | 34.10% | 55.71% |
Real Estate | 5.40% | 0.00% | 90.54% | 14.89% |
Consumer Cyclical | 5.07% | 0.00% | 22.74% | 65.36% |
Utilities | 4.52% | 0.00% | 27.04% | 48.03% |
Basic Materials | 2.27% | 0.00% | 21.69% | 74.72% |
Communication Services | 0.80% | 0.00% | 26.58% | 95.32% |
Weighting | Return Low | Return High | LAFPX % Rank | |
---|---|---|---|---|
US | 96.53% | 4.16% | 102.49% | 58.35% |
Non US | 0.00% | 0.00% | 24.08% | 46.20% |
LAFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.03% | 14.82% | 50.93% |
Management Fee | 0.32% | 0.00% | 1.50% | 11.16% |
12b-1 Fee | 0.45% | 0.00% | 1.00% | 61.52% |
Administrative Fee | 0.04% | 0.00% | 0.50% | 5.03% |
LAFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
LAFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
LAFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 61.00% | 0.00% | 488.00% | 73.89% |
LAFPX | Category Low | Category High | LAFPX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.10% | 0.00% | 16.67% | 78.64% |
LAFPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | SemiAnnual | Quarterly | Quarterly |
LAFPX | Category Low | Category High | LAFPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.25% | -1.51% | 4.28% | 54.51% |
LAFPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 26, 2024 | $0.852 | CapitalGainLongTerm |
Sep 25, 2024 | $0.055 | OrdinaryDividend |
Mar 27, 2024 | $0.058 | OrdinaryDividend |
Dec 27, 2023 | $0.068 | OrdinaryDividend |
Sep 28, 2023 | $0.052 | OrdinaryDividend |
Jun 29, 2023 | $0.066 | OrdinaryDividend |
Mar 30, 2023 | $0.067 | OrdinaryDividend |
Dec 28, 2022 | $0.065 | OrdinaryDividend |
Nov 22, 2022 | $0.923 | CapitalGainLongTerm |
Sep 29, 2022 | $0.066 | OrdinaryDividend |
Jun 29, 2022 | $0.078 | OrdinaryDividend |
Mar 30, 2022 | $0.056 | OrdinaryDividend |
Dec 29, 2021 | $0.070 | OrdinaryDividend |
Nov 23, 2021 | $0.453 | CapitalGainLongTerm |
Sep 29, 2021 | $0.064 | OrdinaryDividend |
Jun 29, 2021 | $0.053 | OrdinaryDividend |
Mar 30, 2021 | $0.043 | OrdinaryDividend |
Dec 29, 2020 | $0.055 | OrdinaryDividend |
Sep 29, 2020 | $0.063 | OrdinaryDividend |
Jun 30, 2020 | $0.073 | OrdinaryDividend |
Mar 27, 2020 | $0.072 | OrdinaryDividend |
Dec 27, 2019 | $0.082 | OrdinaryDividend |
Nov 21, 2019 | $0.072 | CapitalGainShortTerm |
Nov 21, 2019 | $0.264 | CapitalGainLongTerm |
Sep 27, 2019 | $0.078 | OrdinaryDividend |
Jun 28, 2019 | $0.074 | OrdinaryDividend |
Mar 29, 2019 | $0.081 | OrdinaryDividend |
Dec 27, 2018 | $0.068 | OrdinaryDividend |
Nov 20, 2018 | $0.398 | CapitalGainShortTerm |
Nov 20, 2018 | $0.825 | CapitalGainLongTerm |
Sep 28, 2018 | $0.073 | OrdinaryDividend |
Jun 29, 2018 | $0.084 | OrdinaryDividend |
Mar 29, 2018 | $0.082 | OrdinaryDividend |
Dec 29, 2017 | $0.084 | OrdinaryDividend |
Nov 21, 2017 | $0.645 | CapitalGainShortTerm |
Nov 21, 2017 | $0.896 | CapitalGainLongTerm |
Sep 29, 2017 | $0.090 | OrdinaryDividend |
Jun 30, 2017 | $0.087 | OrdinaryDividend |
Mar 31, 2017 | $0.087 | OrdinaryDividend |
Dec 30, 2016 | $0.107 | OrdinaryDividend |
Nov 22, 2016 | $0.084 | CapitalGainShortTerm |
Nov 22, 2016 | $0.732 | CapitalGainLongTerm |
Sep 30, 2016 | $0.086 | OrdinaryDividend |
Jun 30, 2016 | $0.083 | OrdinaryDividend |
Mar 31, 2016 | $0.096 | OrdinaryDividend |
Dec 31, 2015 | $0.088 | OrdinaryDividend |
Nov 24, 2015 | $0.224 | CapitalGainShortTerm |
Nov 24, 2015 | $0.922 | CapitalGainLongTerm |
Sep 30, 2015 | $0.092 | OrdinaryDividend |
Jun 30, 2015 | $0.091 | OrdinaryDividend |
Mar 31, 2015 | $0.087 | OrdinaryDividend |
Dec 31, 2014 | $0.094 | OrdinaryDividend |
Nov 21, 2014 | $0.804 | CapitalGainLongTerm |
Sep 30, 2014 | $0.091 | OrdinaryDividend |
Jun 27, 2014 | $0.069 | OrdinaryDividend |
Mar 28, 2014 | $0.085 | OrdinaryDividend |
Dec 31, 2013 | $0.116 | OrdinaryDividend |
Sep 27, 2013 | $0.081 | OrdinaryDividend |
Jun 28, 2013 | $0.051 | OrdinaryDividend |
Mar 28, 2013 | $0.047 | OrdinaryDividend |
Dec 28, 2012 | $0.054 | OrdinaryDividend |
Sep 28, 2012 | $0.049 | OrdinaryDividend |
Jun 29, 2012 | $0.045 | OrdinaryDividend |
Mar 30, 2012 | $0.039 | OrdinaryDividend |
Dec 30, 2011 | $0.041 | OrdinaryDividend |
Sep 30, 2011 | $0.035 | OrdinaryDividend |
Jun 30, 2011 | $0.030 | OrdinaryDividend |
Mar 31, 2011 | $0.023 | OrdinaryDividend |
Dec 17, 2010 | $0.024 | OrdinaryDividend |
Sep 30, 2010 | $0.020 | OrdinaryDividend |
Jun 30, 2010 | $0.014 | OrdinaryDividend |
Mar 31, 2010 | $0.021 | OrdinaryDividend |
Dec 30, 2009 | $0.015 | OrdinaryDividend |
May 15, 2009 | $0.003 | OrdinaryDividend |
Feb 13, 2009 | $0.025 | OrdinaryDividend |
Dec 23, 2008 | $0.024 | OrdinaryDividend |
Nov 21, 2008 | $0.049 | OrdinaryDividend |
Aug 15, 2008 | $0.048 | OrdinaryDividend |
May 16, 2008 | $0.049 | OrdinaryDividend |
Feb 15, 2008 | $0.024 | OrdinaryDividend |
Dec 21, 2007 | $0.024 | OrdinaryDividend |
Nov 20, 2007 | $0.047 | OrdinaryDividend |
Nov 20, 2007 | $0.079 | CapitalGainShortTerm |
Nov 20, 2007 | $1.531 | CapitalGainLongTerm |
Aug 17, 2007 | $0.047 | OrdinaryDividend |
May 18, 2007 | $0.048 | OrdinaryDividend |
Feb 16, 2007 | $0.024 | OrdinaryDividend |
Dec 21, 2006 | $0.023 | OrdinaryDividend |
Nov 21, 2006 | $0.046 | OrdinaryDividend |
Nov 21, 2006 | $0.112 | CapitalGainShortTerm |
Nov 21, 2006 | $0.890 | CapitalGainLongTerm |
Aug 17, 2006 | $0.046 | OrdinaryDividend |
May 18, 2006 | $0.046 | OrdinaryDividend |
Feb 10, 2006 | $0.023 | OrdinaryDividend |
Dec 20, 2005 | $0.023 | OrdinaryDividend |
Nov 22, 2005 | $0.047 | OrdinaryDividend |
Nov 22, 2005 | $0.087 | CapitalGainShortTerm |
Nov 22, 2005 | $0.929 | CapitalGainLongTerm |
Aug 18, 2005 | $0.046 | OrdinaryDividend |
May 19, 2005 | $0.047 | OrdinaryDividend |
Feb 11, 2005 | $0.023 | OrdinaryDividend |
Dec 21, 2004 | $0.023 | OrdinaryDividend |
Nov 23, 2004 | $0.047 | OrdinaryDividend |
Nov 23, 2004 | $0.020 | CapitalGainShortTerm |
Nov 23, 2004 | $0.230 | CapitalGainLongTerm |
Aug 20, 2004 | $0.047 | OrdinaryDividend |
May 21, 2004 | $0.046 | OrdinaryDividend |
Feb 12, 2004 | $0.023 | OrdinaryDividend |
Dec 19, 2003 | $0.021 | OrdinaryDividend |
Nov 25, 2003 | $0.047 | OrdinaryDividend |
Nov 25, 2003 | $0.002 | CapitalGainLongTerm |
Aug 21, 2003 | $0.048 | OrdinaryDividend |
May 22, 2003 | $0.048 | OrdinaryDividend |
Feb 14, 2003 | $0.024 | OrdinaryDividend |
Dec 20, 2002 | $0.024 | OrdinaryDividend |
Nov 20, 2002 | $0.048 | OrdinaryDividend |
Nov 20, 2002 | $0.412 | CapitalGainLongTerm |
Aug 22, 2002 | $0.049 | OrdinaryDividend |
May 23, 2002 | $0.047 | OrdinaryDividend |
Feb 15, 2002 | $0.027 | OrdinaryDividend |
Dec 20, 2001 | $0.028 | OrdinaryDividend |
Nov 21, 2001 | $0.056 | OrdinaryDividend |
Nov 21, 2001 | $0.566 | CapitalGainLongTerm |
Aug 22, 2001 | $0.056 | OrdinaryDividend |
May 23, 2001 | $0.059 | OrdinaryDividend |
Feb 15, 2001 | $0.028 | OrdinaryDividend |
Dec 21, 2000 | $0.028 | OrdinaryDividend |
Nov 21, 2000 | $0.056 | OrdinaryDividend |
Nov 21, 2000 | $0.019 | CapitalGainShortTerm |
Nov 21, 2000 | $1.372 | CapitalGainLongTerm |
Aug 18, 2000 | $0.056 | OrdinaryDividend |
May 18, 2000 | $0.056 | OrdinaryDividend |
Feb 16, 2000 | $0.028 | OrdinaryDividend |
Dec 23, 1999 | $0.028 | OrdinaryDividend |
Aug 20, 1999 | $0.055 | OrdinaryDividend |
May 20, 1999 | $0.055 | OrdinaryDividend |
Feb 12, 1999 | $0.026 | OrdinaryDividend |
Dec 24, 1998 | $0.026 | OrdinaryDividend |
Nov 19, 1998 | $0.051 | OrdinaryDividend |
Nov 19, 1998 | $0.950 | CapitalGainLongTerm |
Aug 14, 1998 | $0.051 | OrdinaryDividend |
May 06, 1998 | $0.051 | OrdinaryDividend |
Feb 10, 1998 | $0.027 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 01, 2016
6.25
6.3%
Marc Pavese, Partner and Portfolio Manager, joined Lord Abbett in 2008. Pavese, Rabinowitz, and Tiwari joined Lord Abbett in 2008, 2017, and 2015, respectively. Mr. Rabinowitz was formerly Managing Director and Portfolio Manager/Technology Analyst at Jennison Associates LLC from 2014 to 2017. Messrs. Azeez, Pavese, Rabinowitz,
Start Date
Tenure
Tenure Rank
Aug 01, 2019
2.83
2.8%
Mr. Tiwari joined Lord Abbett in 2015. Mr. Tiwari was formerly a Vice President at Goldman Sachs from 2007 to 2015.
Start Date
Tenure
Tenure Rank
Aug 01, 2019
2.83
2.8%
Darnell Azeez leads Lord Abbett’s Value Equity team and contributes to the management of the firm’s Dividend strategies. Mr. Azeez re-joined Lord Abbett in 2015. Prior to his current role, he served as a Portfolio Manager on the firm’s taxable fixed income team. His previous experience includes serving as a Equity Research Analyst at TAMRO Capital Partners; Equity Research Analyst, Director of Public Fund Marketing and Advisor Consultant at Lord Abbett. He has worked in the financial services industry since 2002. He has worked in the financial services industry since 2002. He earned a BA in economics and business from Lafayette College and is a holder of the Chartered Financial Analyst® (CFA) designation.
Start Date
Tenure
Tenure Rank
May 15, 2021
1.04
1.0%
Ryan C. Howard joined Lord Abbett in 2003.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.09 | 6.71 |
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