Developing Growth Fund
Daily price w/o sales charge as of 11/29/2023
$15.28
$0.07
YTD Returns w/o sales charge as of 11/29/2023
-2.92%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 10/31/2023
- Total Net Assets
- $2.07 B
- Inception Date
- 09/28/2007
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 1.19%
- Fund Net Expense Ratio
- 1.19%
- Number of Holdings
- 85
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -11.18% | -16.54% | -11.90% | 1.95% | 4.92% | 6.73% |
| Lipper Category Avg. Small-Cap Growth Funds | -2.83% | -6.21% | -1.20% | 4.50% | 6.57% | - |
| Russell 2000® Growth Index | -2.87% | -7.63% | -1.83% | 2.68% | 5.67% | 6.42% |
| w/ sales charge | -11.18% | -16.54% | -11.90% | 1.95% | 4.92% | 6.73% |
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -2.86% | -3.11% | -8.51% | 0.69% | 5.95% | 7.36% |
| Lipper Category Avg. Small-Cap Growth Funds | 4.83% | 9.57% | 1.81% | 3.52% | 7.58% | - |
| Russell 2000® Growth Index | 5.24% | 9.59% | 1.09% | 1.55% | 6.72% | 6.99% |
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
TEN LARGEST HOLDINGS as of 10/31/2023View Portfolio
| Holding | Assets |
|---|---|
| Remitly Global Inc | 3.4% |
| Duolingo Inc | 2.7% |
| AeroVironment Inc | 2.3% |
| Rambus Inc | 2.2% |
| Krystal Biotech Inc | 2.2% |
| Flywire Corp | 2.1% |
| Comfort Systems USA Inc | 2.0% |
| Confluent Inc | 2.0% |
| EMCOR Group Inc | 1.9% |
| Samsara Inc | 1.9% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 10/31/2023View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Utilities | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
INVESTMENT TEAM
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Performance
Performance
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -11.18% | -16.54% | -11.90% | 1.95% | 4.92% | 6.73% |
| Lipper Category Avg. Small-Cap Growth Funds | -2.83% | -6.21% | -1.20% | 4.50% | 6.57% | - |
| Russell 2000® Growth Index | -2.87% | -7.63% | -1.83% | 2.68% | 5.67% | 6.42% |
| w/ sales charge | -11.18% | -16.54% | -11.90% | 1.95% | 4.92% | 6.73% |
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | -2.86% | -3.11% | -8.51% | 0.69% | 5.95% | 7.36% |
| Lipper Category Avg. Small-Cap Growth Funds | 4.83% | 9.57% | 1.81% | 3.52% | 7.58% | - |
| Russell 2000® Growth Index | 5.24% | 9.59% | 1.09% | 1.55% | 6.72% | 6.99% |
Fund Expense Ratio :
Gross 1.19%
Net 1.19%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
| Year | Fund Returns | Russell 2000® Growth Index |
|---|
| 2022 | -36.22% | -26.36% |
| 2021 | -2.93% | 2.83% |
| 2020 | 72.12% | 34.63% |
| 2019 | 31.63% | 28.48% |
| 2018 | 4.79% | -9.31% |
| 2017 | 29.64% | 22.17% |
| 2016 | -2.99% | 11.32% |
| 2015 | -9.10% | -1.38% |
| 2014 | 3.09% | 5.60% |
| 2013 | 56.97% | 43.30% |
| 2012 | 10.20% | - |
| 2011 | -1.81% | - |
| 2010 | 36.27% | - |
| 2009 | 46.84% | - |
| 2008 | -47.57% | - |
| 2007 | 35.63% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2023 | 8.26% | 3.17% | -13.03% | - | -2.92% |
| 2022 | -19.29% | -21.18% | 0.51% | -0.25% | -36.22% |
| 2021 | 1.57% | 2.81% | -3.73% | -3.44% | -2.93% |
| 2020 | -17.02% | 40.56% | 15.88% | 27.35% | 72.12% |
| 2019 | 26.92% | 9.07% | -11.41% | 7.34% | 31.63% |
| 2018 | 7.05% | 14.94% | 12.10% | -24.03% | 4.79% |
| 2017 | 8.28% | 4.01% | 7.00% | 7.58% | 29.64% |
| 2016 | -10.36% | 2.16% | 10.77% | -4.37% | -2.99% |
| 2015 | 7.06% | 2.57% | -15.74% | -1.76% | -9.10% |
| 2014 | 1.65% | 0.12% | -5.80% | 7.53% | 3.09% |
| 2013 | 13.48% | 10.00% | 18.72% | 5.92% | 56.97% |
| 2012 | 12.15% | -2.74% | 5.55% | -4.27% | 10.20% |
| 2011 | 10.19% | 1.46% | -20.89% | 11.03% | -1.81% |
| 2010 | 8.10% | -7.97% | 16.48% | 17.59% | 36.27% |
| 2009 | -2.17% | 24.23% | 14.22% | 5.78% | 46.84% |
| 2008 | -21.83% | 6.59% | -11.82% | -28.64% | -47.57% |
| 2007 | 4.60% | 13.56% | 9.80% | 3.99% | 35.63% |
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Remitly Global Inc | Financials | 3.4% |
| Duolingo Inc | Consumer Discretionary | 2.7% |
| AeroVironment Inc | Industrials | 2.3% |
| Rambus Inc | Information Technology | 2.2% |
| Krystal Biotech Inc | Health Care | 2.2% |
| Flywire Corp | Financials | 2.1% |
| Comfort Systems USA Inc | Industrials | 2.0% |
| Confluent Inc | Information Technology | 2.0% |
| EMCOR Group Inc | Industrials | 1.9% |
| Samsara Inc | Information Technology | 1.9% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
| Holding | Sector | Assets |
|---|
| Remitly Global Inc | Financials | 3.2% |
| Duolingo Inc | Consumer Discretionary | 3.1% |
| Global-e Online Ltd | Consumer Discretionary | 2.3% |
| Flywire Corp | Financials | 2.2% |
| Rambus Inc | Information Technology | 2.0% |
| Lattice Semiconductor Corp | Information Technology | 2.0% |
| Krystal Biotech Inc | Health Care | 1.9% |
| Glaukos Corp | Health Care | 1.9% |
| Confluent Inc | Information Technology | 1.8% |
| EMCOR Group Inc | Industrials | 1.8% |
| Trex Co Inc | Industrials | 1.7% |
| Samsara Inc | Information Technology | 1.7% |
| Comfort Systems USA Inc | Industrials | 1.7% |
| Saia Inc | Industrials | 1.7% |
| AeroVironment Inc | Industrials | 1.7% |
| Roku Inc | Communication Services | 1.6% |
| Monday.com Ltd | Information Technology | 1.6% |
| Tenable Holdings Inc | Information Technology | 1.5% |
| MSA Safety Inc | Industrials | 1.5% |
| CyberArk Software Ltd | Information Technology | 1.5% |
| SiteOne Landscape Supply Inc | Industrials | 1.5% |
| NEXTracker Inc | Industrials | 1.5% |
| Ventyx Biosciences Inc | Health Care | 1.4% |
| EnerSys | Industrials | 1.4% |
| Extreme Networks Inc | Information Technology | 1.3% |
| nVent Electric PLC | Industrials | 1.3% |
| Tetra Tech Inc | Industrials | 1.2% |
| Axon Enterprise, Inc. | Industrials | 1.2% |
| AvidXchange Holdings Inc | Financials | 1.2% |
| BellRing Brands Inc | Consumer Staples | 1.2% |
| Appfolio Inc | Information Technology | 1.1% |
| Five9 Inc | Information Technology | 1.1% |
| Shockwave Medical Inc | Health Care | 1.1% |
| YETI Holdings Inc | Consumer Discretionary | 1.1% |
| SPS Commerce Inc | Information Technology | 1.1% |
| Celsius Holdings Inc | Consumer Staples | 1.1% |
| Akero Therapeutics Inc | Health Care | 1.1% |
| elf Beauty Inc | Consumer Staples | 1.1% |
| Super Micro Computer Inc | Information Technology | 1.1% |
| Freshworks Inc | Information Technology | 1.0% |
| 10X Genomics Inc | Health Care | 1.0% |
| Deckers Outdoor Corp | Consumer Discretionary | 1.0% |
| Xenon Pharmaceuticals Inc | Health Care | 1.0% |
| DoubleVerify Holdings Inc | Information Technology | 1.0% |
| Piper Sandler Cos | Financials | 1.0% |
| Sterling Infrastructure Inc | Industrials | 1.0% |
| Verra Mobility Corp | Industrials | 1.0% |
| Intra-Cellular Therapies Inc | Health Care | 1.0% |
| AAON Inc | Industrials | 1.0% |
| Shake Shack Inc | Consumer Discretionary | 1.0% |
| Manhattan Associates Inc | Information Technology | 1.0% |
| JFrog Ltd | Information Technology | 1.0% |
| Freshpet Inc | Consumer Staples | 1.0% |
| XPO Inc | Industrials | 0.9% |
| RxSight Inc | Health Care | 0.9% |
| TransMedics Group Inc | Health Care | 0.9% |
| Inter Parfums Inc | Consumer Staples | 0.9% |
| Wingstop Inc | Consumer Discretionary | 0.9% |
| Clean Harbors Inc | Industrials | 0.9% |
| Arcellx Inc | Health Care | 0.9% |
| Sarepta Therapeutics Inc | Health Care | 0.9% |
| Hayward Holdings Inc | Industrials | 0.9% |
| Varonis Systems Inc | Information Technology | 0.9% |
| Allegro MicroSystems Inc | Information Technology | 0.9% |
| Descartes Systems Group Inc/The | Information Technology | 0.8% |
| Natera Inc | Health Care | 0.8% |
| Integral Ad Science Holding Corp | Communication Services | 0.8% |
| Aehr Test Systems | Information Technology | 0.8% |
| Gitlab Inc | Information Technology | 0.7% |
| Pacific Biosciences of California Inc | Health Care | 0.7% |
| Bridgebio Pharma Inc | Health Care | 0.7% |
| TechnipFMC PLC | Energy | 0.7% |
| Inspire Medical Systems Inc | Health Care | 0.7% |
| Cava Group Inc | Consumer Discretionary | 0.7% |
| Guardant Health Inc | Health Care | 0.7% |
| Agilysys Inc | Information Technology | 0.6% |
| iRhythm Technologies Inc | Health Care | 0.6% |
| Quanterix Corp | Health Care | 0.6% |
| Cytokinetics Inc | Health Care | 0.5% |
| Appian Corp | Information Technology | 0.5% |
| Novanta Inc | Information Technology | 0.5% |
| Guidewire Software Inc | Information Technology | 0.5% |
| Karuna Therapeutics Inc | Health Care | 0.5% |
| Oddity Tech Ltd | Consumer Staples | 0.5% |
| Upwork Inc | Industrials | 0.4% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 10/31/2023
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.3%
|
|
| Real Estate | 0.0% | |
| Utilities | 0.0% | |
| Consumer Discretionary |
1.2%
|
|
| Consumer Staples |
0.4%
|
|
| Energy |
0.8%
|
|
| Financials |
0.2%
|
|
| Health Care |
1.9%
|
|
| Industrials |
0.5%
|
|
| Information Technology | 0.0% | |
| Materials | 0.0% |
Dividends & Cap Gains
Dividends & Cap Gains
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/22/2021 | 11/23/2021 | $3.3406 | - | $3.3406 | $25.55 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
Expense Ratioas of 10/31/2023
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 1.19% | 1.19% |
Fund Documents
Fund Documents
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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