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Lord Abbett Developing Growth Fund Class A (LAGWX)

16.40
Net Asset Value
-3.98%
1 Day
-11.11%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
0.98%
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. 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 (including emerging market) companies.

Performance

1 month-1.32% 3 years+2.95%
3 months+2.56% 5 years+6.05%
1 year-28.03% Since inception+10.09%
Data through --

Peer Comparisonvs. Small growth

 LAGWXCategory
Performance 5-yr return+6.05%+6.48%
Expense ratio0.98%1.34%
Risk 5 year sharpe ratio0.380.48
Net assets$2.5B$821.4M
Average market cap$2.9B$2.8B
Average P/E32.123.6
Portfolio turnover186%186%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureF. O’Halloran, III / 14 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock95.34%
Cash2.49%
International stock2.17%
Fixed income0.00%
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
PNRA Panera Bread Co1.78%
WBMD WebMD Health Corp1.65%
MKTX Marketaxess Holdings Inc1.56%
POOL Pool Corp1.55%
ALGN Align Technology Inc1.44%
IDXX IDEXX Laboratories Inc1.43%
ELLI Ellie Mae Inc1.39%
STMP Stamps.com Inc1.31%
PBH Prestige Brands Holdings Inc1.30%
CMPR Cimpress NV1.29%

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