Lord Abbett Dividend Growth Fund Class F3 (LRMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
24.66
-0.16 (-0.64%)
Jul 7, 2025, 4:00 PM EDT
8.25%
Fund Assets 4.21B
Expense Ratio 0.59%
Min. Investment $0.00
Turnover 25.00%
Dividend (ttm) 1.23
Dividend Yield 5.00%
Dividend Growth 287.99%
Payout Frequency Quarterly
Ex-Dividend Date Jun 24, 2025
Previous Close 24.82
YTD Return 7.20%
1-Year Return 13.94%
5-Year Return 101.52%
52-Week Low 20.32
52-Week High 25.36
Beta (5Y) n/a
Holdings 54
Inception Date Apr 4, 2017

About LRMAX

Lord Abbett Dividend Growth Fund Class F3 is a mutual fund focused on delivering both current income and capital appreciation by investing primarily in equity securities of large and mid-sized U.S. companies with strong records of increasing their dividends. Managed by Lord, Abbett & Co. LLC, the fund employs an actively managed strategy that emphasizes companies demonstrating consistent dividend growth, which can signal robust fundamentals and shareholder-friendly capital allocation. The fund's portfolio typically features a diversified mix of sectors, with significant exposure to prominent industries such as technology, healthcare, consumer staples, financial services, and energy. Notable holdings include leading firms like Microsoft, NVIDIA, JPMorgan Chase, and Apple, reflecting an emphasis on established market leaders. With a quarterly dividend distribution and a net expense ratio of 0.59%, the fund aims to offer a balanced approach, appealing to investors seeking dividend income along with long-term growth potential. As of May 2025, the fund manages approximately $4.21 billion in assets across 54 holdings. Its active management and focus on dividend growth make it a notable participant within the U.S. large blend mutual fund category.

Fund Family Lord Abbett
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol LRMAX
Share Class Class F3
Index S&P 500 TR

Performance

LRMAX had a total return of 13.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.80%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
LAMHX Class R6 0.59%
LAMFX Class F 0.64%
LAMYX Class I 0.64%
LAMTX Class R5 0.64%

Top 10 Holdings

37.83% of assets
Name Symbol Weight
Microsoft Corporation MSFT 7.88%
Apple Inc. AAPL 4.37%
NVIDIA Corporation NVDA 4.17%
Broadcom Inc. AVGO 3.75%
Philip Morris International Inc. PM 3.46%
JPMorgan Chase & Co. JPM 3.25%
Exxon Mobil Corporation XOM 2.83%
Walmart Inc. WMT 2.77%
Mastercard Incorporated MA 2.68%
Johnson & Johnson JNJ 2.66%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 24, 2025 $0.0534 Jun 24, 2025
Mar 27, 2025 $0.0552 Mar 27, 2025
Dec 27, 2024 $0.0536 Dec 27, 2024
Dec 17, 2024 $1.0218 Dec 17, 2024
Sep 25, 2024 $0.0498 Sep 25, 2024
Jun 27, 2024 $0.0511 Jun 27, 2024
Full Dividend History