Lord Abbett Mid Cap Stock Fund Class R6 (LMCHX)
| Fund Assets | 1.07B |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000,000 |
| Turnover | 53.00% |
| Dividend (ttm) | 3.40 |
| Dividend Yield | 10.08% |
| Dividend Growth | 612.76% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 33.75 |
| YTD Return | 0.89% |
| 1-Year Return | 9.60% |
| 5-Year Return | 93.22% |
| 52-Week Low | 28.63 |
| 52-Week High | 39.65 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | Jun 30, 2015 |
About LMCHX
The Lord Abbett Mid Cap Stock Fund Inc. Class R6 is an actively managed mutual fund focused on achieving long-term capital growth through investments primarily in mid-sized U.S. companies. Classified as a mid-cap value fund, it targets equity securities that are considered undervalued in the marketplace, aiming to identify growth potential within the middle segment of the market capitalization spectrum. The fund holds a diversified portfolio that spans various sectors, with notable allocations to real estate, industrials, utilities, financial services, healthcare, and energy companies. Lord Abbett’s investment approach emphasizes research-driven stock selection, seeking companies that demonstrate strong fundamentals and attractive valuations. The fund typically maintains a moderate number of holdings, balancing concentration with diversification to manage risk. Its expense ratio is competitive for the category, and it offers semi-annual dividend distributions. Designed primarily for retirement plans and institutional investors due to its Class R6 structure, the fund plays a significant role in providing exposure to U.S. mid-cap equities, serving as a key component for investors aiming to capture growth opportunities beyond the large-cap universe while maintaining a value-oriented discipline.
Performance
LMCHX had a total return of 9.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.43%.
Top 10 Holdings
23.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Cencora, Inc. | COR | 2.71% |
| Labcorp Holdings Inc. | LH | 2.58% |
| Allegion plc | ALLE | 2.46% |
| Arthur J. Gallagher & Co. | AJG | 2.42% |
| Arch Capital Group Ltd. | ACGL | 2.29% |
| Expand Energy Corporation | EXE | 2.28% |
| BJ's Wholesale Club Holdings, Inc. | BJ | 2.25% |
| AerCap Holdings N.V. | AER | 2.22% |
| Entergy Corporation | ETR | 2.22% |
| CMS Energy Corporation | CMS | 2.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $3.3675 | Dec 17, 2024 |
| Jul 25, 2024 | $0.0331 | Jul 25, 2024 |
| Dec 19, 2023 | $0.3724 | Dec 19, 2023 |
| Jul 27, 2023 | $0.1047 | Jul 27, 2023 |
| Dec 20, 2022 | $2.0385 | Dec 20, 2022 |
| Jul 28, 2022 | $0.4113 | Jul 28, 2022 |