Lord Abbett Dividend Growth C (LAMCX)
| Fund Assets | 4.67B |
| Expense Ratio | 1.64% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 4.06% |
| Dividend Growth | 708.78% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 25.13 |
| YTD Return | 13.80% |
| 1-Year Return | 13.05% |
| 5-Year Return | 83.31% |
| 52-Week Low | 19.50 |
| 52-Week High | 25.24 |
| Beta (5Y) | n/a |
| Holdings | 54 |
| Inception Date | Dec 27, 2001 |
About LAMCX
Lord Abbett Dividend Growth Fund Class C is a diversified mutual fund primarily focused on large U.S. companies with a consistent track record of increasing dividends. The fund seeks to provide both current income and capital appreciation by investing in equity securities, emphasizing established firms known for their dividend growth and financial stability. With over $4 billion in net assets and more than 50 holdings as of May 2025, the fund's portfolio spans multiple sectors, including technology, healthcare, energy, and financial services, with notable positions in companies such as Microsoft, NVIDIA, and Exxon Mobil. Classified as a large blend fund, Lord Abbett Dividend Growth Fund Class C aims to balance growth and value characteristics, making it suitable for investors seeking broad exposure to the U.S. equity market. It distributes dividends quarterly and typically maintains a moderate portfolio turnover. The fund charges a level load sales charge structure, with a 1.64% expense ratio for Class C shares. By focusing on dividend growth, the fund plays an important role for investors interested in stable income potential alongside long-term capital gains within their equity allocation.
Performance
LAMCX had a total return of 13.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.81%.
Top 10 Holdings
39.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 8.99% |
| NVIDIA Corporation | NVDA | 6.21% |
| Broadcom Inc. | AVGO | 4.91% |
| JPMorgan Chase & Co. | JPM | 3.59% |
| Philip Morris International Inc. | PM | 2.83% |
| Walmart Inc. | WMT | 2.77% |
| Exxon Mobil Corporation | XOM | 2.73% |
| Mastercard Incorporated | MA | 2.53% |
| The Charles Schwab Corporation | SCHW | 2.50% |
| Morgan Stanley | MS | 2.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $1.0218 | Dec 17, 2024 |
| Mar 27, 2024 | $0.0005 | Mar 27, 2024 |
| Dec 27, 2023 | $0.0128 | Dec 27, 2023 |
| Dec 19, 2023 | $0.1096 | Dec 19, 2023 |
| Sep 28, 2023 | $0.0009 | Sep 28, 2023 |
| Jun 29, 2023 | $0.0022 | Jun 29, 2023 |