Investment objective & strategy
As of March 26, 2026 · prospectusObjective. The Funds investment objective is to seek current income and capital appreciation.
Strategy. The Fund invests in equity securities of large and mid-sized companies that the Funds portfolio management team believes have potential for long-term total return and consistent increases in their dividends over time resulting from their earnings growth. In particular, the Fund focuses on large and mid-sized companies that have a ten-year history of dividend issuance and growth, which represents a narrow investable universe. The Fund may invest in companies of any size, but expects to invest in companies having a market capitalization at the time of purchase of at least $500 million. Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts (REITs) and privately offered trusts), partnerships, … The Fund invests in equity securities of large and mid-sized companies that the Funds portfolio management team believes have potential for long-term total return and consistent increases in their dividends over time resulting from their earnings growth. In particular, the Fund focuses on large and mid-sized companies that have a ten-year history of dividend issuance and growth, which represents a narrow investable universe. The Fund may invest in companies of any size, but expects to invest in companies having a market capitalization at the time of purchase of at least $500 million. Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts (REITs) and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, other instruments convertible or exercisable into the foregoing, and other investments with similar economic characteristics. The Fund may invest up to 20% of its net assets in securities of foreign companies, including emerging market companies, American Depositary Receipts (ADRs), Global Depository Receipts (GDRs), and other similar depositary receipts. In addition to ADRs, the Fund generally defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $307.91M | 6.33% |
| MICROSOFT CORP | — | $288.05M | 5.92% |
| BROADCOM INC | — | $182.01M | 3.74% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $167.36M | 3.44% |
| JOHNSON&JOHNSON | — | $157.29M | 3.24% |
| LILLY ELI and CO | — | $150.81M | 3.10% |
| EXXON MOBIL CORP | — | $149.62M | 3.08% |
| JPMORGAN CHASE and CO | — | $141.59M | 2.91% |
| PARKER HANNIFIN CORP | — | $125.99M | 2.59% |
| WALMART INC | — | $119.51M | 2.46% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Dividend Growth Portfolio | 95% | 0.99% |
| LORD ABBETT AFFILIATED FUND INC · LAFFX, LAFCX, LAFPX, LAFYX, LAAFX, LAFQX, LAFRX, LAFSX, LAFTX, LAFVX, LTFOX | 59% | 0.39% |
| Nationwide Fund · NWFAX, GTRCX, MUIFX, GNWRX, NWABX | 47% | 0.55% |
Advisers
| Firm | Role |
|---|---|
| Lord, Abbett & Co. LLC | Adviser |
Footnotes
- Expense ratio as of March 26, 2026, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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