Lord Abbett Mid Cap Stock Fund Class R5 (LMCTX)
Fund Assets | 1.07B |
Expense Ratio | 0.77% |
Min. Investment | $1,000,000 |
Turnover | 53.00% |
Dividend (ttm) | 3.40 |
Dividend Yield | 10.20% |
Dividend Growth | 619.51% |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | Dec 17, 2024 |
Previous Close | 33.36 |
YTD Return | 0.87% |
1-Year Return | 9.54% |
5-Year Return | 92.37% |
52-Week Low | 28.30 |
52-Week High | 39.25 |
Beta (5Y) | n/a |
Holdings | 59 |
Inception Date | Jun 30, 2015 |
About LMCTX
The Lord Abbett Mid Cap Stock Fund Inc. Class R5 is a mutual fund designed to focus on capital appreciation by investing primarily in the stocks of mid-sized U.S. companies. Its strategy involves targeting undervalued equity securities, aiming for long-term growth in capital. The fund is benchmarked against the Russell Mid Cap Value Index, reflecting its emphasis on value investing within the mid-cap sector. With a diversified portfolio across various industries, this fund plays a significant role in the financial market by providing investors a way to capitalize on potential undervaluations in mid-cap stocks. It is part of the broader Lord Abbett family of funds, which offers a range of investment opportunities across different asset classes and strategies.
Performance
LMCTX had a total return of 9.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.
Top 10 Holdings
23.53% of assetsName | 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 | $3.3673 | Dec 17, 2024 |
Jul 25, 2024 | $0.0331 | Jul 25, 2024 |
Dec 19, 2023 | $0.3679 | Dec 19, 2023 |
Jul 27, 2023 | $0.1047 | Jul 27, 2023 |
Dec 20, 2022 | $2.0326 | Dec 20, 2022 |
Jul 28, 2022 | $0.4113 | Jul 28, 2022 |