Lord Abbett Dividend Growth Fund Class A (LAMAX)
| Fund Assets | 4.89B |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 1.26 |
| Dividend Yield | 4.49% |
| Dividend Growth | 7.48% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 26.53 |
| YTD Return | 5.73% |
| 1-Year Return | 19.50% |
| 5-Year Return | 74.97% |
| 52-Week Low | 22.60 |
| 52-Week High | 26.77 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Dec 27, 2001 |
About LAMAX
Lord Abbett Dividend Growth Fund Class A is an actively managed mutual fund that focuses on generating both current income and long-term capital appreciation. The fund primarily invests in equity securities of large and mid-sized U.S. companies with a proven track record of consistently growing their dividends over time. Its portfolio emphasizes stocks from sectors such as information technology, consumer staples, financials, energy, and healthcare, including notable holdings like Microsoft, Apple, NVIDIA, and Exxon Mobil. The investment strategy targets companies with at least ten years of dividend issuance and growth, reflecting a commitment to financial stability and sustainable earnings. With quarterly dividend distributions and a net expense ratio of 0.89%, the fund appeals to investors seeking a blend of income and growth within a diversified, large blend category. The Lord Abbett Dividend Growth Fund plays a significant role in the market by offering exposure to dividend growth equities, contributing to portfolio resilience across various market cycles and supporting long-term wealth accumulation strategies.
Performance
LAMAX had a total return of 19.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.63%.
Top 10 Holdings
37.31% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.42% |
| Microsoft Corporation | MSFT | 6.00% |
| Broadcom Inc. | AVGO | 3.79% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.49% |
| Johnson & Johnson | JNJ | 3.28% |
| Eli Lilly and Company | LLY | 3.14% |
| Exxon Mobil Corporation | XOM | 3.12% |
| JPMorgan Chase & Co. | JPM | 2.95% |
| Parker-Hannifin Corporation | PH | 2.63% |
| Walmart Inc. | WMT | 2.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.0442 | Mar 27, 2026 |
| Dec 30, 2025 | $0.0459 | Dec 30, 2025 |
| Dec 18, 2025 | $1.0906 | Dec 18, 2025 |
| Sep 23, 2025 | $0.0425 | Sep 23, 2025 |
| Jun 24, 2025 | $0.0397 | Jun 24, 2025 |
| Mar 27, 2025 | $0.041 | Mar 27, 2025 |