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Lord Abbett Developing Growth Fund Class P (LADPX)

17.41
Net Asset Value
+0.12%
1 Day
-2.68%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.21%
Expense Ratio
High
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 common stocks of companies demonstrating 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+6.29% 3 years-1.84%
3 months-3.87% 5 years+9.17%
1 year-7.15% Since inception+6.42%
Data through --

Peer Comparisonvs. Small growth

 LADPXCategory
Performance 5-yr return+9.17%+14.42%
Expense ratio1.21%1.33%
Risk 5 year sharpe ratio0.580.75
Net assets$2.3B$846.2M
Average market cap$2.5B$2.9B
Average P/E32.924.6
Portfolio turnover204%204%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureF. O’Halloran / 14 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock93.66%
International stock6.34%
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
ZLTQ ZELTIQ Aesthetics Inc1.99%
GRUB GrubHub Inc1.91%
WIX Wix.Com Ltd1.87%
BECN Beacon Roofing Supply Inc1.84%
VEEV Veeva Systems Inc1.83%
PAYC Paycom Software Inc1.80%
NVRO Nevro Corp1.78%
ELLI Ellie Mae Inc1.70%
CRUS Cirrus Logic Inc1.69%
PEN Penumbra Inc1.65%