Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

19.78
Net Asset Value
+1.59%
1 Day
+4.38%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.78%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. To pursue its objective, the fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. For purposes of the policy, the managers define a micro-cap company as a company having a market capitalization at the time of purchase that is under $1 billion or falls within the market capitalization range of companies in the Russell Microcap ® Index.

Performance

1 month-1.98% 3 years+23.15%
3 months+7.73% 5 years+19.61%
1 year+18.19% Since inception+10.95%
Data through --

Peer Comparisonvs. Small growth

 LMIYXCategory
Performance 5-yr return+19.61%+15.12%
Expense ratio1.78%1.39%
Risk 5 year sharpe ratio1.030.89
Net assets$163.9M$821.3M
Average market cap$920.1M$2.9B
Average P/E--27.7
Portfolio turnover208%208%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureMatthew DeCicco / 12 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock91.93%
International stock4.37%
Cash1.95%
Fixed income1.75%
Other0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 22.76%
Hardware 20.42%
Business service 11.36%
Industrial materials 8.72%
Telecommunication 7.47%
Top 10 Holdings
Portfolio weighting
TASR TASER International Inc2.01%
BJRI BJ's Restaurants Inc1.92%
TWOU 2U Inc1.62%
RUBI The Rubicon Project Inc1.57%
ZLTQ ZELTIQ Aesthetics Inc1.57%
LPSN LivePerson Inc1.55%
FARO FARO Technologies Inc1.53%
HZO MarineMax Inc1.53%
TREX Trex Co Inc1.50%
NXTM NxStage Medical Inc1.50%

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