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Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

11.33
Net Asset Value
-5.19%
1 Day
-22.61%
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-19.99% 3 years+9.66%
3 months-23.73% 5 years+6.58%
1 year-26.19% Since inception+8.31%
Data through --

Peer Comparisonvs. Small growth

 LMIYXCategory
Performance 5-yr return+6.58%+9.40%
Expense ratio1.78%1.35%
Risk 5 year sharpe ratio0.500.49
Net assets$122.5M$756.9M
Average market cap$996.3M$2.8B
Average P/E--24.3
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. stock90.86%
International stock3.19%
Fixed income3.02%
Cash2.92%
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
PACB Pacific Biosciences of California Inc2.36%
NXTM NxStage Medical Inc1.94%
ITCI Intra-Cellular Therapies Inc1.90%
NVRO Nevro Corp1.87%
CVT Cvent Inc1.79%
IPHI Inphi Corp1.69%
GOGO Gogo Inc1.63%
LXFT Luxoft Holding Inc1.63%
GLOB Globant SA1.59%
CALD Callidus Software Inc1.59%

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