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2. Initial Screen
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3. Fundamental ResearchQualitative & Financial Analysis
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3. Fundamental ResearchRelative Growth & Valuation Analysis
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4. Portfolio Construction and Risk ManagementConstruct portfolio based on:
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The goal of this Fund is long-term growth of capital through investing in stocks of mid-sized U.S. companies. This Fund seeks companies with strong relative growth prospects that we believe are well positioned to prosper in the anticipated economic environment.
| Ticker | LMGAX |
| CUSIP | 54400R103 |
| Fund Number | 260 |
| Inception Date | 08/01/1995 |
| YTD Returns at NAV (as of 05/23/2013) | 16.38% |
| Dividend Frequency |
Annually |
| Expense Ratio (as of 04/30/2013) | |
| Gross | 1.42% |
| Net | 1.40% |
| Total Net Assets (as of 04/30/2013) | $583.54 M |
| Number of Holdings (as of 04/30/2013) | 111 |
| Minimum Initial Investment | $1,000 |
| Price ($) | Change ($) | Change (%) | |
| NAV | 22.67 | -0.08 | -0.35 |
| MOP | 24.05 | -0.09 | -0.37 |
| 52-Week High & Low at NAV ($) | ||
| High (05/21/2013) | 23.08 | |
| Low (06/04/2012) | 17.64 | |
| YTD (%) | 1-YR (%) | 3-YR (%) | 5-YR (%) | 10-YR (%) | Since Inception (%) |
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|---|---|---|---|---|---|---|---|
| NAV | 11.60 | 8.23 | 8.49 | 6.22 | 9.20 | 9.42 | |
| Lipper Category Avg. | 11.21 | 10.51 | 11.55 | 5.39 | 9.63 | - | |
| Index | 13.15 | 14.42 | 13.68 | 6.79 | 10.96 | 8.43 | |
| MOP | 5.18 | 1.99 | 6.36 | 4.97 | 8.56 | 9.06 | |
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| YTD (%) | 1-YR (%) | 3-YR (%) | 5-YR (%) | 10-YR (%) | Since Inception (%) |
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|---|---|---|---|---|---|---|---|
| NAV | 11.24 | 8.37 | 9.59 | 7.61 | 9.79 | 9.45 | |
| Lipper Category Avg. | 10.80 | 9.67 | 12.70 | 6.76 | 10.28 | - | |
| Index | 11.51 | 12.76 | 14.23 | 7.98 | 11.53 | 8.39 | |
| MOP | 4.84 | 2.14 | 7.46 | 6.34 | 9.15 | 9.08 | |
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Research
Provides investors with a balance of exposure to cyclical and stable growth companies that may be positioned to perform well in various market and economic environments.
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FUND DOCUMENTS
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Paul J. Volovich, CFA
Partner Years Experience: 19 |
Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.
Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.
Expense ratio: Lipper category average reflects the average expenses of Class A shares of all funds with in the peer group based on Lipper data available.
1 The Fund’s dividend yield is shown without sales charges (at NAV) and with maximum sales charges (at MOP). The Fund’s dividend yield takes into account any fee waiver or expense limitation arrangements, if any. Without such fee waivers or expense limitation arrangements, the Fund’s dividend yield would have been lower. Information regarding any fee waivers or expense limitation arrangements applicable to the Fund is provided with the Fund’s expense ratio information.
Lipper Category Avg.
Mid-Cap Growth Funds
NAV
The net asset value (NAV) is the fund’s assets minus its liabilities. NAV is one indicator of the fund’s worth.
MOP
Maximum offering price. The price of a share or value of an investment that reflects sales charges that have been assessed.
Inception Date
08/01/1995
Index
Russell Midcap® Growth Index