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    Lord Abbett Affiliated A (LAFFX)

    16.52 Up 0.01(0.06%) Apr 24

    Profile as of Mar 30, 2015Get Profile for:
    Lord Abbett Affiliated A
    Lord Abbett Affiliated Fund Inc90 Hudson StreetJersey City NJ 07302
    Map
    Phone: 888-522-2388
    Fund Overview 
    Category:Large Value
    Fund Family:Lord Abbett
    Net Assets:6.95B
    Year-to-Date Return:0.35%
    Yield:2.08%
    Morningstar Rating:2 stars
    Fund Inception Date:1950-01-03
    Morningstar Style Box 
    Large Value
    [View Category Definition]
    View Top Large Value Funds
    About the Morningstar Style Box
    Management Information 
    Frederick J. Ruvkun
    Lead Manager since Jun 11, 2013
    Mr. Ruvkun is a portfolio manager for the Calibrated investment strategies, including the Lord Abbett Affiliated Fund. The Calibrated approach focuses on identifying stock-specific opportunities through proprietary research, with an emphasis on mandate consistency, sector/industry neutrality and rigorous risk control. Mr. Ruvkun joined Lord Abbett in 2006 and was previously a portfolio manager for the mid cap growth equity strategy and oversaw the Domestic Equity Research Team. He was named Partner in 2008. His prior experience includes Portfolio Manager/Managing Director at J & W Seligman & Company; Equity Portfolio Manager/Senior Vice President at Bessemer Trust Company; Equity Analyst, Emerging Growth Fund at Morgan Stanley & Company; and Associate-Venture Capital Division at Merrill Lynch, Pierce, Fenner & Smith. Mr. Ruvkun received a BS from Stanford University and an MS from the Massachusetts Institute of Technology. He has been in the investment business since 1983.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:250
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    LAFFX can be purchased from 138 brokerages.

    Fund Summary 
    The investment seeks long-term growth of capital and income without excessive fluctuations in market value. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of large companies. The fund invests principally in equity securities of companies in the Russell 1000® Index that pay dividends and that the portfolio management team believes have the potential for capital appreciation.

    Fund Operations 
    Last Dividend (Mar 30, 2015) : 0.09
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 22, 2015) : 81.28%
    Average for Category:44.70%
    Fees & Expenses 
    ExpenseLAFFXCategory Avg
    Annual Report Expense Ratio (net):0.74%1.13%
    Prospectus Net Expense Ratio:0.74%N/A
    Prospectus Gross Expense Ratio:0.74%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%5.40%
    Max Deferred Sales Load: N/A2.18%
    3 Yr Expense Projection*:798526
    5 Yr Expense Projection*:963815
    10 Yr Expense Projection*:1,4411,627
    * Per $10,000 invested