Lord Abbett Mid Cap Stock Fund (LAVLX)
The investment seeks capital appreciation through investments, primarily in equity securities, which are believed to be undervalued in the marketplace. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. It may invest up to 10% of its net assets in foreign companies, including emerging market companies, American Depositary Receipts ("ADRs"), and other similar depositary receipts. The adviser defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.
Fund Info
| ISIN | US5439191041 |
|---|---|
| CUSIP | 543919104 |
| Issuer | Lord Abbett |
| Inception Date | Jun 28, 1983 |
| Category | Mid Cap Value Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
LAVLX has a high expense ratio of 0.98%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: LAVLX vs. LAFFX, LAVLX vs. LBNDX, LAVLX vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett Mid Cap Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lord Abbett Mid Cap Stock Fund had a return of 5.26% year-to-date (YTD) and 18.92% in the last 12 months. Over the past 10 years, Lord Abbett Mid Cap Stock Fund had an annualized return of 6.98%, while the S&P 500 had an annualized return of 10.37%, indicating that Lord Abbett Mid Cap Stock Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.26% | 5.57% |
| 1 month | -5.40% | -4.16% |
| 6 months | 21.86% | 20.07% |
| 1 year | 18.92% | 20.82% |
| 5 years (annualized) | 8.62% | 11.56% |
| 10 years (annualized) | 6.98% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.25% | 5.41% | 5.31% | |||||||||
| 2023 | -3.88% | 8.90% | 6.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LAVLX is 69, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Lord Abbett Mid Cap Stock Fund(LAVLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Mid Cap Stock Fund (LAVLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Mid Cap Stock Fund granted a 1.17% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $2.36 | $2.92 | $0.35 | $0.91 | $1.57 | $0.80 | $0.17 | $0.20 | $0.12 | $0.09 |
Dividend yield | 1.17% | 1.23% | 8.40% | 8.51% | 1.19% | 3.19% | 6.55% | 2.67% | 0.60% | 0.79% | 0.47% | 0.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Mid Cap Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.00 | $0.00 | $1.95 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.92 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Mid Cap Stock Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett Mid Cap Stock Fund was 60.58%, occurring on Mar 9, 2009. Recovery took 979 trading sessions.
The current Lord Abbett Mid Cap Stock Fund drawdown is 5.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.58% | Jul 16, 2007 | 415 | Mar 9, 2009 | 979 | Jan 29, 2013 | 1394 |
| -42.16% | Feb 21, 2020 | 22 | Mar 23, 2020 | 179 | Dec 4, 2020 | 201 |
| -37.8% | Mar 9, 1987 | 168 | Oct 28, 1987 | 2332 | Oct 4, 1996 | 2500 |
| -28.62% | Apr 11, 2002 | 126 | Oct 9, 2002 | 287 | Dec 1, 2003 | 413 |
| -28.23% | Oct 16, 1997 | 256 | Oct 8, 1998 | 490 | Sep 1, 2000 | 746 |
Volatility
Volatility Chart
The current Lord Abbett Mid Cap Stock Fund volatility is 3.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.