About LOVLX
The Lord Abbett Mid Cap Stock Fund Class F3 is a mutual fund focused on achieving long-term capital growth by primarily investing in stocks of mid-sized U.S. companies. Featuring a diversified portfolio of approximately 63 holdings, the fund emphasizes companies with market capitalizations broader than small-caps but below large-cap giants, offering exposure to the dynamic mid-cap segment of the equity market. Sectors represented in the portfolio include communication services, real estate, utilities, consumer discretionary, energy, financials, health care, industrials, information technology, and materials, highlighting broad diversification across U.S. industries. Managed by an experienced investment team, the fund targets companies considered to be undervalued, employing a disciplined approach to uncover growth opportunities. With total net assets of $1.2 billion and a competitive net expense ratio of 0.69%, the fund aims to deliver favorable risk-adjusted returns relative to its mid-cap value benchmark, the Russell Midcap Value Index. Dividends are distributed semi-annually, and the fund serves as a key option for investors seeking balanced exposure to U.S. mid-cap equities within their broader portfolio allocation.
Fund Family Lord Abbett
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol LOVLX
Share Class Class F3
LOVLX had a total return of 9.62% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.25%.
