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Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

14.34
Net Asset Value
+0.99%
1 Day
-2.05%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.80%
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 manager defines 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+8.55% 3 years+6.45%
3 months+7.50% 5 years+10.48%
1 year-20.07% Since inception+8.65%
Data through --

Peer Comparisonvs. Small growth

 LMIYXCategory
Performance 5-yr return+10.48%+7.26%
Expense ratio1.80%1.33%
Risk 5 year sharpe ratio0.520.50
Net assets$139.2M$818.4M
Average market cap$945.7M$2.8B
Average P/E22.324.1
Portfolio turnover203%203%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureMatthew DeCicco / 13 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock91.91%
International stock6.10%
Cash1.99%
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
MXL MaxLinear Inc2.08%
CVGW Calavo Growers Inc1.98%
IPHI Inphi Corp1.93%
DLTH Duluth Holdings Inc1.65%
OLLI Ollie's Bargain Outlet Holdings Inc1.59%
ALRM Alarm.com Holdings Inc1.58%
SIMO Silicon Motion Technology Corp1.55%
BSFT BroadSoft Inc1.55%
SWHC Smith & Wesson Holding Corp1.54%
CRTO Criteo SA1.53%

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