About LMCPX
Lord Abbett Mid Cap Stock Fund Class P is a mutual fund focused on long-term capital growth by investing primarily in the equities of mid-sized U.S. companies. The fund seeks opportunities in businesses considered undervalued in the marketplace, utilizing a diversified portfolio approach across a broad range of sectors, including financials, health care, energy, industrials, consumer discretionary, and information technology. Managed by Lord Abbett since its inception in 1997, the fund typically holds around 59 securities, with top holdings spanning industries such as pharmaceuticals, wholesale retail, insurance, and utilities. While its primary focus is domestic mid-cap equities, the fund may also allocate a portion of assets to foreign companies, including those in emerging markets. With a net expense ratio of 1.22%, the fund regularly benchmarks its performance against indices like the Russell Midcap Value Index to gauge its effectiveness in delivering capital appreciation. Lord Abbett Mid Cap Stock Fund Class P plays a significant role for investors seeking exposure to mid-cap U.S. equities through active management and strategic sector diversification.
Fund Family Lord Abbett
Category Mid-Cap Value
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LMCPX
Share Class Class P
Index Russell MidCap Value TR
LMCPX had a total return of 27.20% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.38%.
