Lord Abbett Developing Growth Fund Class C (LADCX)

22.73
Net Asset Value
+1.11%
1 Day
+30.11%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.71%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital through a diversified and actively managed portfolio consisting of developing growth companies- many of which are traded over the counter. To pursue its objective- the fund invests primarily in the equity securities of companies the portfolio management team believes demonstrate above-average- long-term growth potential. It invests at least 65% of its net assets in equity securities of small companies. The fund may invest up to 10% of its net assets in foreign companies- including emerging market companies and American Depositary Receipts ("ADRs").

Performance

1 month+9.22% 3 years+8.94%
3 months+17.10% 5 years+14.19%
1 year+49.12% Since inception+9.25%
Data through --

Peer Comparisonvs. Small growth

 LADCXCategory
Performance 5-yr return+14.19%+11.88%
Expense ratio1.71%1.26%
Risk 5 year sharpe ratio0.790.90
Net assets$2.1B$1.1B
Average market cap$3.6B$3.7B
Average P/E30.026.5
Portfolio turnover134%134%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureF. O’Halloran / 16 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock94.29%
International stock5.71%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 15.78%
Industrial materials 12.87%
Hardware 10.98%
Consumer goods 9.38%
Business service 9.03%
Top 10 Holdings
Portfolio weighting
PLNT Planet Fitness Inc2.78%
PODD Insulet Corp2.47%
PEN Penumbra Inc2.11%
LOPE Grand Canyon Education Inc1.92%
TWOU 2U Inc1.88%
-- 1.87%
PAYC Paycom Software Inc1.79%
GRUB GrubHub Inc1.72%
HUBS HubSpot Inc1.69%
HOME At Home Group Inc1.66%