Lord Abbett Developing Growth Fund Class R2 (LADQX)
| 23.81 Net Asset Value | -3.09% 1 Day | -5.55% Year-to-Date | Overall Morningstar Rating |
| Small growth Style or Category | No Load Sales Expenses | 1.36% Expense Ratio | Average Morningstar Risk Rating™ |
Investment Objective The investment seeks long-term growth of capital.
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. In selecting investments, the fund may invest in U.S. and foreign (which may include emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts ("ADRs").
Performance
| 1 month | -7.17% | 3 years | +13.85% | |
| 3 months | -0.92% | 5 years | +20.27% | |
| 1 year | +10.20% | Since inception | +9.74% |
Data through --
Peer Comparisonvs. Small growth
| LADQX | Category | |
|---|---|---|
| Performance 5-yr return | +20.27% | +19.88% |
| Expense ratio | 1.36% | 1.42% |
| Risk 5 year sharpe ratio | 1.21 | 1.10 |
| Net assets | $3.6B | $832.2M |
| Average market cap | $2.5B | $2.8B |
| Average P/E | 31.9 | 26.9 |
| Portfolio turnover | 245% | 245% |
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Fund Management and Purchase Info
| Fund family | Lord Abbett |
| Fund manager & tenure | F. O’Halloran, III / 12 Years |
| Minimal initial investment | $0.00 |
| Minimum IRA investment | -- |
Holdings
| U.S. stock | 92.95% |
| Cash | 4.03% |
| International stock | 3.02% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Healthcare | 15.78% |
| Industrial materials | 12.87% |
| Hardware | 10.98% |
| Consumer goods | 9.38% |
| Business service | 9.03% |
Top 10 HoldingsPortfolio weighting
| AL Air Lease Corp Class A | 1.64% |
| GLOG GasLog Ltd | 1.63% |
| INVN InvenSense Inc | 1.62% |
| ETFC E*Trade Financial Corp | 1.59% |
| RH Restoration Hardware Holdings Inc | 1.56% |
| IRBT iRobot Corp | 1.54% |
| CRR Carbo Ceramics Inc | 1.51% |
| CPHD Cepheid | 1.43% |
| HAIN Hain Celestial Group Inc | 1.41% |
| ASGN On Assignment Inc | 1.35% |
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