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Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

19.29
Net Asset Value
+2.44%
1 Day
+1.79%
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-8.79% 3 years+26.50%
3 months-8.10% 5 years+20.59%
1 year+14.78% Since inception+10.98%
Data through --

Peer Comparisonvs. Small growth

 LMIYXCategory
Performance 5-yr return+20.59%+17.65%
Expense ratio1.78%1.37%
Risk 5 year sharpe ratio1.120.99
Net assets$165.4M$840.8M
Average market cap$860.1M$3.0B
Average P/E--29.8
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. stock89.70%
International stock6.75%
Cash3.56%
Fixed income0.00%
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
GLUU Glu Mobile Inc2.08%
XENT Intersect ENT Inc1.71%
ATRC AtriCure Inc1.70%
TWOU 2U Inc1.67%
IPHI Inphi Corp1.65%
TREE LendingTree Inc1.64%
CVGW Calavo Growers Inc1.63%
RENT Rentrak Corp1.63%
CHRS Coherus BioSciences Inc1.62%
INGN Inogen Inc1.59%

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