Lord Abbett Mid Cap Stock Fund Class I (LMCYX)
| Fund Assets | 1.07B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000,000 |
| Turnover | 53.00% |
| Dividend (ttm) | 3.40 |
| Dividend Yield | 10.19% |
| Dividend Growth | 618.31% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 33.38 |
| YTD Return | 0.87% |
| 1-Year Return | 9.50% |
| 5-Year Return | 92.30% |
| 52-Week Low | 28.32 |
| 52-Week High | 39.27 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | May 3, 1999 |
About LMCYX
The Lord Abbett Mid Cap Stock Fund Class I is a mutual fund that primarily targets long-term capital growth by investing in equities of mid-sized U.S. companies. The fund focuses on identifying and investing in stocks believed to be undervalued within the midsize segment, offering exposure across a variety of industries including financials, energy, information technology, and health care. With approximately 58 holdings and total net assets of $1.07 billion as of May 2025, the fund provides diversified access to the mid-cap market segment, which is often seen as offering a balance between the growth potential of small caps and the stability of large caps. Class I shares are designed for institutional investors, featuring a competitive net expense ratio of 0.77%. The fund’s strategy seeks to deliver returns that may correlate with benchmarks such as the S&P 500 and the Russell MidCap Value Index, reflecting its role as a key instrument for institutional portfolios looking to capture the performance of the U.S. mid-cap equity market.
Performance
LMCYX had a total return of 9.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.42%.
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 | $3.3674 | Dec 17, 2024 |
| Jul 25, 2024 | $0.0331 | Jul 25, 2024 |
| Dec 19, 2023 | $0.3687 | Dec 19, 2023 |
| Jul 27, 2023 | $0.1047 | Jul 27, 2023 |
| Dec 20, 2022 | $2.0296 | Dec 20, 2022 |
| Jul 28, 2022 | $0.4113 | Jul 28, 2022 |