Lord Abbett Developing Growth Fund Class F (LADFX)

28.65
Net Asset Value
-1.10%
1 Day
+18.63%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
0.81%
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+6.31% 3 years+8.11%
3 months+13.33% 5 years+13.36%
1 year+39.89% Since inception+9.01%
Data through --

Peer Comparisonvs. Small growth

 LADFXCategory
Performance 5-yr return+13.36%+11.88%
Expense ratio0.81%1.27%
Risk 5 year sharpe ratio0.830.89
Net assets$1.9B$1.1B
Average market cap$3.6B$3.5B
Average P/E29.225.8
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$0.00
Minimum IRA investment--

Holdings

U.S. stock95.49%
International stock4.51%
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 Inc2.81%
PODD Insulet Corp2.68%
BPMC Blueprint Medicines Corp2.11%
TWOU 2U Inc2.01%
PEN Penumbra Inc2.01%
HUBS HubSpot Inc2.01%
GRUB GrubHub Inc1.99%
LOPE Grand Canyon Education Inc1.98%
-- 1.98%
SAGE SAGE Therapeutics Inc1.88%