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 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 | $3.3673 | 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 |