Lord Abbett Micro Cap Growth Fund Class I (LMIYX)

19.01
Net Asset Value
+0.96%
1 Day
-2.06%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
No Load
Sales Expenses
1.81%
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. 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.

Performance

1 month+5.97% 3 years+26.22%
3 months+15.49% 5 years+20.55%
1 year+10.59% Since inception+10.25%
Data through --

Peer Comparisonvs. Small growth

 LMIYXCategory
Performance 5-yr return+20.55%+14.84%
Expense ratio1.81%1.40%
Risk 5 year sharpe ratio1.040.96
Net assets$158.3M$804.1M
Average market cap$815.8M$2.8B
Average P/E--26.3
Portfolio turnover198%198%

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Fund Management and Purchase Info

Fund familyLord Abbett
Fund manager & tenureF. O’Halloran, III / 7 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock90.39%
International stock6.69%
Cash2.92%
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
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%

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