Lord Abbett Developing Growth Fund Class R2 (LADQX)
| 21.44 Net Asset Value | +1.32% 1 Day | -0.56% Year-to-Date | Overall Morningstar Rating |
| Small growth Style or Category | No Load Sales Expenses | 1.33% 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 common stocks of companies demonstrating above-average, long-term growth potential. The fund invests at least 65% of its net assets in equity securities of small companies. In selecting investments, it may invest in U.S. and foreign (including emerging market) companies.
Performance
| 1 month | -3.16% | 3 years | +18.24% | |
| 3 months | +1.86% | 5 years | +19.41% | |
| 1 year | -0.18% | Since inception | +9.22% |
Data through --
Peer Comparisonvs. Small growth
| LADQX | Category | |
|---|---|---|
| Performance 5-yr return | +19.41% | +15.53% |
| Expense ratio | 1.33% | 1.39% |
| Risk 5 year sharpe ratio | 1.04 | 0.90 |
| Net assets | $3.4B | $793.8M |
| Average market cap | $2.4B | $2.9B |
| Average P/E | 33.8 | 26.6 |
| Portfolio turnover | 242% | 242% |
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Fund Management and Purchase Info
| Fund family | Lord Abbett |
| Fund manager & tenure | F. O’Halloran, III / 13 Years |
| Minimal initial investment | $0.00 |
| Minimum IRA investment | -- |
Holdings
| U.S. stock | 93.77% |
| International stock | 3.85% |
| Cash | 2.22% |
| Fixed income | 0.16% |
| 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
| CGNX Cognex Corp | 1.64% |
| RCPT Receptos Inc | 1.54% |
| TMH Team Health Holdings Inc | 1.53% |
| CAVM Cavium Inc | 1.52% |
| AGIO Agios Pharmaceuticals Inc | 1.47% |
| KNX Knight Transportation, Inc. | 1.44% |
| SNCR Synchronoss Technologies Inc | 1.41% |
| HAIN Hain Celestial Group Inc | 1.31% |
| RENT Rentrak Corp | 1.27% |
| DECK Deckers Outdoor Corp | 1.27% |
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