Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
Expense Ratio
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. The fund seeks to invest in micro-cap companies that appear to have the potential for more rapid growth than the overall economy. The fund evaluates companies based on an analysis of their financial statements, products and operations, market sectors and interviews with management.


1 month-1.00% 3 years+22.48%
3 months+11.04% 5 years+21.93%
1 year+5.23% Since inception+10.63%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+21.93%+15.53%
Expense ratio1.81%1.39%
Risk 5 year sharpe ratio1.010.90
Net assets$154.9M$793.8M
Average market cap$815.8M$2.9B
Average P/E--26.6
Portfolio turnover208%208%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureF. O’Halloran, III / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock93.11%
International stock3.97%
Fixed income0.00%
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
AMBA Ambarella Inc2.62%
RCPT Receptos Inc2.23%
CVGW Calavo Growers Inc1.94%
ZLTQ ZELTIQ Aesthetics Inc1.78%
RENT Rentrak Corp1.64%
AGIO Agios Pharmaceuticals Inc1.64%
DEPO DepoMed Inc1.62%
RKUS Ruckus Wireless Inc1.60%
BLUE bluebird bio Inc1.58%
PJC Piper Jaffray Cos1.46%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.