About LAMTX
Lord Abbett Dividend Growth Fund Class R5 is an open-ended mutual fund focused on equity investments, aiming to deliver both current income and capital appreciation. The fund primarily invests in the common stocks of large and mid-sized companies with a track record or strong potential for dividend growth. Its portfolio is diversified across various sectors, with significant allocations to technology, consumer defensive, financial services, energy, and healthcare. Major holdings include leading firms such as Microsoft, Apple, NVIDIA, Broadcom, Philip Morris International, and JPMorgan Chase & Co.
Classified within the large blend category, the fund integrates growth and value investment strategies, seeking to balance stable dividend income with long-term share price growth. It typically maintains a moderate turnover rate (around 25%), reflecting a disciplined investment approach. The fund is commonly selected for retirement plan platforms due to its R5 share class, which is designed for institutional investors and often used in employer-sponsored retirement plans. With quarterly dividend distributions, the fund serves investors seeking reliable income and diversification within the U.S. equity market.
Fund Family Lord Abbett
Category Large Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LAMTX
Share Class Class R5
Index S&P 500 TR
LAMTX had a total return of 15.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.67%.
