Lord Abbett Dividend Growth Fund Class I (LAMYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
24.43
-0.16 (-0.65%)
Jul 7, 2025, 4:00 PM EDT
8.10%
Fund Assets 4.21B
Expense Ratio 0.64%
Min. Investment $1,000,000
Turnover 25.00%
Dividend (ttm) 1.23
Dividend Yield 5.05%
Dividend Growth 288.23%
Payout Frequency Quarterly
Ex-Dividend Date Jun 24, 2025
Previous Close 24.59
YTD Return 7.14%
1-Year Return 13.82%
5-Year Return 100.67%
52-Week Low 20.14
52-Week High 25.15
Beta (5Y) n/a
Holdings 54
Inception Date Dec 27, 2001

About LAMYX

The Lord Abbett Dividend Growth Fund Class I is a mutual fund focused on achieving long-term capital appreciation and stable income through investments in large-cap U.S. companies with a demonstrated track record of increasing their dividends. The fund primarily targets equities across a broad range of industries, adhering to a large-blend investment style that does not lean distinctly toward either growth or value, but instead seeks balanced exposure representative of the broader U.S. equity market. With over $4 billion in net assets and approximately 54 holdings as of mid-2025, the fund is managed to provide diversification and aims to generate income through quarterly dividend distributions. Its performance is measured against benchmarks such as the S&P 500 Index and its Morningstar category. The Class I share class, designed mainly for institutional investors, features a competitive net expense ratio and requires a high initial minimum investment. By focusing on companies with consistent dividend growth, the fund appeals to investors seeking both capital appreciation and a supplemental income stream within the equity income segment of the market.

Fund Family Lord Abbett
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol LAMYX
Share Class Class I
Index S&P 500 TR

Performance

LAMYX had a total return of 13.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.69%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
LRMAX Class F3 0.59%
LAMHX Class R6 0.59%
LAMFX Class F 0.64%
LAMTX Class R5 0.64%

Top 10 Holdings

37.83% of assets
Name Symbol Weight
Microsoft Corporation MSFT 7.88%
Apple Inc. AAPL 4.37%
NVIDIA Corporation NVDA 4.17%
Broadcom Inc. AVGO 3.75%
Philip Morris International Inc. PM 3.46%
JPMorgan Chase & Co. JPM 3.25%
Exxon Mobil Corporation XOM 2.83%
Walmart Inc. WMT 2.77%
Mastercard Incorporated MA 2.68%
Johnson & Johnson JNJ 2.66%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 24, 2025 $0.0534 Jun 24, 2025
Mar 27, 2025 $0.0552 Mar 27, 2025
Dec 27, 2024 $0.0536 Dec 27, 2024
Dec 17, 2024 $1.0218 Dec 17, 2024
Sep 25, 2024 $0.0498 Sep 25, 2024
Jun 27, 2024 $0.0511 Jun 27, 2024
Full Dividend History