Developing Growth Fund
Daily price w/o sales charge as of 12/13/2024
$23.37
$0.06
YTD Returns w/o sales charge as of 12/13/2024
27.11%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 11/29/2024
- Total Net Assets
- $2.66 B
- Inception Date
- 10/10/1973
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 0.94%
- Fund Net Expense Ratio
- 0.94%
- Number of Holdings
- 78
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/10/1973 |
|---|
| w/o sales charge | 30.86% | 44.37% | -3.29% | 9.11% | 9.37% | 10.64% |
| Lipper Category Avg. Small-Cap Growth Funds | 23.95% | 36.36% | 1.71% | 10.08% | 10.17% | - |
| Russell 2000® Growth Index | 25.42% | 40.44% | 3.25% | 9.19% | 9.34% | - |
| w/ sales charge | 23.35% | 36.04% | -5.18% | 7.83% | 8.72% | 10.51% |
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/10/1973 |
|---|
| w/o sales charge | 20.83% | 34.67% | -6.79% | 8.61% | 9.23% | 10.50% |
| Lipper Category Avg. Small-Cap Growth Funds | 13.34% | 26.11% | -1.27% | 9.68% | 9.84% | - |
| Russell 2000® Growth Index | 13.22% | 27.66% | -0.35% | 8.82% | 8.95% | - |
| w/ sales charge | 13.89% | 26.90% | -8.62% | 7.34% | 8.58% | 10.37% |
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
Returns with sales charges reflect a maximum sales charge of 5.75%.
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 10/31/2024View Portfolio
| Holding | Assets |
|---|---|
| Cava Group Inc | 2.4% |
| Glaukos Corp | 2.2% |
| Reddit Inc | 2.1% |
| Piper Sandler Cos | 2.1% |
| Loar Holdings Inc | 2.1% |
| CyberArk Software Ltd | 2.1% |
| Zeta Global Holdings Corp | 2.0% |
| Sweetgreen Inc | 2.0% |
| Comfort Systems USA Inc | 1.9% |
| Hamilton Lane 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 11/29/2024View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Other | |
| Real Estate | |
| Utilities | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
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Performance
Performance
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/10/1973 |
|---|
| w/o sales charge | 30.86% | 44.37% | -3.29% | 9.11% | 9.37% | 10.64% |
| Lipper Category Avg. Small-Cap Growth Funds | 23.95% | 36.36% | 1.71% | 10.08% | 10.17% | - |
| Russell 2000® Growth Index | 25.42% | 40.44% | 3.25% | 9.19% | 9.34% | - |
| w/ sales charge | 23.35% | 36.04% | -5.18% | 7.83% | 8.72% | 10.51% |
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 10/10/1973 |
|---|
| w/o sales charge | 20.83% | 34.67% | -6.79% | 8.61% | 9.23% | 10.50% |
| Lipper Category Avg. Small-Cap Growth Funds | 13.34% | 26.11% | -1.27% | 9.68% | 9.84% | - |
| Russell 2000® Growth Index | 13.22% | 27.66% | -0.35% | 8.82% | 8.95% | - |
| w/ sales charge | 13.89% | 26.90% | -8.62% | 7.34% | 8.58% | 10.37% |
Fund Expense Ratio :
Gross 0.94%
Net 0.94%
Returns with sales charges reflect a maximum sales charge of 5.75%.
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 |
|---|
| 2023 | 8.50% | 18.66% |
| 2022 | -36.09% | -26.36% |
| 2021 | -2.66% | 2.83% |
| 2020 | 72.57% | 34.63% |
| 2019 | 31.91% | 28.48% |
| 2018 | 5.09% | -9.31% |
| 2017 | 29.92% | 22.17% |
| 2016 | -2.71% | 11.32% |
| 2015 | -8.90% | -1.38% |
| 2014 | 3.25% | 5.60% |
| 2013 | 57.19% | - |
| 2012 | 10.39% | - |
| 2011 | -1.66% | - |
| 2010 | 36.54% | - |
| 2009 | 47.03% | - |
| 2008 | -47.50% | - |
| 2007 | 35.83% | - |
| 2006 | 12.45% | - |
| 2005 | 11.87% | - |
| 2004 | 6.00% | - |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|
| 2024 | 12.62% | 0.92% | 6.32% | - |
| 2023 | 8.32% | 3.27% | -12.97% | 11.45% |
| 2022 | -19.27% | -21.16% | 0.59% | -0.18% |
| 2021 | 1.64% | 2.87% | -3.66% | -3.35% |
| 2020 | -16.91% | 40.59% | 15.92% | 27.45% |
| 2019 | 27.01% | 9.09% | -11.35% | 7.39% |
| 2018 | 7.16% | 14.97% | 12.18% | -23.96% |
| 2017 | 8.36% | 4.06% | 7.07% | 7.61% |
| 2016 | -10.30% | 2.24% | 10.87% | -4.32% |
| 2015 | 7.12% | 2.61% | -15.70% | -1.68% |
| 2014 | 1.67% | 0.15% | -5.75% | 7.59% |
| 2013 | 13.50% | 10.00% | 18.78% | 6.00% |
| 2012 | 12.16% | -2.68% | 5.55% | -4.19% |
| 2011 | 10.23% | 1.49% | -20.86% | 11.06% |
| 2010 | 8.21% | -7.94% | 16.47% | 17.68% |
| 2009 | -2.17% | 24.37% | 14.25% | 5.76% |
| 2008 | -21.82% | 6.65% | -11.81% | -28.60% |
| 2007 | 4.65% | 13.60% | 9.82% | 4.04% |
| 2006 | 15.98% | -6.23% | -6.80% | 10.93% |
| 2005 | -5.91% | 5.82% | 9.60% | 2.52% |
| 2004 | 2.00% | 0.20% | -7.05% | 11.58% |
| 2003 | -3.27% | 21.33% | 9.79% | 8.70% |
| 2002 | 0.07% | -11.90% | -23.81% | 4.90% |
| 2001 | -17.44% | 16.01% | -22.68% | 25.62% |
| 2000 | 3.52% | -13.67% | -0.56% | -7.37% |
| 1999 | 1.42% | 11.69% | -3.37% | 26.23% |
| 1998 | 11.49% | -2.94% | -22.00% | 28.29% |
| 1997 | -2.88% | 17.68% | 21.77% | -6.03% |
| 1996 | 8.18% | 8.18% | -2.85% | 7.46% |
| 1995 | 6.04% | 19.02% | 15.90% | -0.42% |
| 1994 | 0.16% | -8.07% | 10.54% | 4.34% |
| 1993 | -0.67% | 1.03% | 8.15% | 3.76% |
| 1992 | -2.92% | -13.34% | 5.39% | 9.32% |
| 1991 | 29.96% | -5.07% | 9.77% | 15.46% |
| 1990 | 1.18% | 11.38% | -24.62% | 10.17% |
| 1989 | 3.04% | 1.70% | 8.07% | 0.77% |
| 1988 | 8.71% | 2.49% | -4.04% | -3.23% |
| 1987 | 23.22% | -1.54% | 5.33% | -21.15% |
| 1986 | 12.02% | 1.82% | -18.44% | 7.95% |
| 1985 | 9.91% | -2.42% | -9.28% | 18.16% |
| 1984 | -15.56% | -5.27% | 1.63% | -4.54% |
| 1983 | 19.37% | 16.69% | -4.44% | -6.33% |
| 1982 | -11.29% | 1.28% | 11.66% | 29.18% |
| 1981 | 6.38% | 7.72% | -18.09% | 14.79% |
| 1980 | -8.32% | 13.37% | 24.22% | 5.17% |
| 1979 | 11.23% | 3.38% | 10.21% | 1.23% |
| 1978 | 12.74% | 18.50% | 11.85% | -9.31% |
| 1977 | -5.21% | 6.36% | 3.99% | 7.90% |
| 1976 | 25.90% | -5.36% | -5.21% | 5.87% |
| 1975 | 36.09% | 17.79% | -12.76% | -0.65% |
| 1974 | 2.02% | -14.31% | -23.96% | -3.25% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 11/30/2024
The chart begins on the Fund's inception date of 10/10/1973.
Based on a hypothetical Class A share investment of $10,000 on 10/10/1973 without sales charge and includes the reinvestment of all distributions.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Cava Group Inc | Consumer Discretionary | 2.4% |
| Glaukos Corp | Health Care | 2.2% |
| Reddit Inc | Communication Services | 2.1% |
| Piper Sandler Cos | Financials | 2.1% |
| Loar Holdings Inc | Industrials | 2.1% |
| CyberArk Software Ltd | Information Technology | 2.1% |
| Zeta Global Holdings Corp | Information Technology | 2.0% |
| Sweetgreen Inc | Consumer Discretionary | 2.0% |
| Comfort Systems USA Inc | Industrials | 1.9% |
| Hamilton Lane Inc | Financials | 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 |
|---|
| Cava Group Inc | Consumer Discretionary | 2.4% |
| Glaukos Corp | Health Care | 2.2% |
| Reddit Inc | Communication Services | 2.1% |
| Piper Sandler Cos | Financials | 2.1% |
| Loar Holdings Inc | Industrials | 2.1% |
| CyberArk Software Ltd | Information Technology | 2.1% |
| Zeta Global Holdings Corp | Information Technology | 2.0% |
| Sweetgreen Inc | Consumer Discretionary | 2.0% |
| Comfort Systems USA Inc | Industrials | 1.9% |
| Hamilton Lane Inc | Financials | 1.9% |
| FTAI Aviation Ltd | Industrials | 1.8% |
| Wix.com Ltd | Information Technology | 1.7% |
| Varonis Systems Inc | Information Technology | 1.7% |
| Parsons Corp | Industrials | 1.7% |
| Guidewire Software Inc | Information Technology | 1.7% |
| Agilysys Inc | Information Technology | 1.7% |
| Credo Technology Group Holding Ltd | Information Technology | 1.7% |
| MakeMyTrip Ltd | Consumer Discretionary | 1.7% |
| Intra-Cellular Therapies Inc | Health Care | 1.6% |
| Evercore Inc | Financials | 1.6% |
| Arcellx Inc | Health Care | 1.5% |
| AeroVironment Inc | Industrials | 1.5% |
| Insmed Inc | Health Care | 1.5% |
| Natera Inc | Health Care | 1.5% |
| Monday.com Ltd | Information Technology | 1.4% |
| Modine Manufacturing Co | Consumer Discretionary | 1.4% |
| Itron Inc | Information Technology | 1.4% |
| Onto Innovation Inc | Information Technology | 1.4% |
| Freshpet Inc | Consumer Staples | 1.3% |
| PROCEPT BioRobotics Corp | Health Care | 1.3% |
| Krystal Biotech Inc | Health Care | 1.3% |
| Lantheus Holdings Inc | Health Care | 1.3% |
| Q2 Holdings Inc | Information Technology | 1.3% |
| Crane Co | Industrials | 1.2% |
| REVOLUTION Medicines Inc | Health Care | 1.2% |
| Impinj Inc | Information Technology | 1.2% |
| Moog Inc | Industrials | 1.2% |
| Astera Labs Inc | Information Technology | 1.2% |
| Bright Horizons Family Solutions Inc | Consumer Discretionary | 1.2% |
| Sterling Infrastructure Inc | Industrials | 1.2% |
| Clear Secure Inc | Information Technology | 1.2% |
| Vertex Inc | Information Technology | 1.2% |
| Life Time Group Holdings Inc | Consumer Discretionary | 1.1% |
| RxSight Inc | Health Care | 1.1% |
| ADMA Biologics Inc | Health Care | 1.1% |
| Merus NV | Health Care | 1.1% |
| Descartes Systems Group Inc/The | Information Technology | 1.1% |
| Blueprint Medicines Corp | Health Care | 1.0% |
| Vaxcyte Inc | Health Care | 1.0% |
| AAON Inc | Industrials | 1.0% |
| SPX Technologies Inc | Industrials | 1.0% |
| Tetra Tech Inc | Industrials | 1.0% |
| SPS Commerce Inc | Information Technology | 1.0% |
| Crinetics Pharmaceuticals Inc | Health Care | 1.0% |
| Maplebear Inc | Consumer Staples | 0.9% |
| Fabrinet | Information Technology | 0.9% |
| Nova Ltd | Information Technology | 0.9% |
| SpringWorks Therapeutics Inc | Health Care | 0.9% |
| Doximity Inc | Health Care | 0.9% |
| Sprouts Farmers Market Inc | Consumer Staples | 0.9% |
| Duolingo Inc | Consumer Discretionary | 0.9% |
| Primo Water Corp | Consumer Staples | 0.8% |
| Nuvalent Inc | Health Care | 0.8% |
| Baldwin Insurance Group Inc/The | Financials | 0.8% |
| Stride Inc | Consumer Discretionary | 0.8% |
| Janux Therapeutics Inc | Health Care | 0.8% |
| MACOM Technology Solutions Holdings Inc | Information Technology | 0.8% |
| Vital Farms Inc | Consumer Staples | 0.7% |
| Avidity Biosciences Inc | Health Care | 0.7% |
| Kratos Defense & Security Solutions Inc | Industrials | 0.7% |
| Verra Mobility Corp | Industrials | 0.7% |
| Ollie's Bargain Outlet Holdings Inc | Consumer Discretionary | 0.7% |
| Mirion Technologies Inc | Information Technology | 0.5% |
| Intapp Inc | Information Technology | 0.5% |
| Primoris Services Corp | Industrials | 0.5% |
| Klaviyo Inc | Information Technology | 0.5% |
| Mirum Pharmaceuticals Inc | Health Care | 0.5% |
| GeneDx Holdings Corp | Health Care | 0.5% |
| Tarsus Pharmaceuticals Inc | Health Care | 0.3% |
| Criteo SA | Communication Services | 0.3% |
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 11/29/2024
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.5%
|
|
| Other | 0.0% | |
| Real Estate | 0.0% | |
| Utilities | 0.0% | |
| Consumer Discretionary |
0.5%
|
|
| Consumer Staples |
0.3%
|
|
| Energy | 0.0% | |
| Financials |
0.3%
|
|
| Health Care |
2.1%
|
|
| Industrials |
0.7%
|
|
| Information Technology |
0.5%
|
|
| Materials | 0.0% |
Portfolio Details as of 11/29/2024
- Total Net Assets
- $2.66 B
- Number of Holdings
- 78
- Weighted Average Market Cap.
- 9.2 B
- P/B Ratio
- 8.4x
- P/E Ratio
- 52.9x
To view definitions for the above Portfolio Details, Click here.
Market Capitalization Breakdown - Morningstar separates stock portfolio holdings into five market-capitalization groups: Giant, Large, Mid, Small, and Micro. Of the 5000 largest domestic stocks in their equities database, the top 1% are categorized as Giant, the next 4% are Large, the next 15% are Mid, the next 30% are Small, and the remaining 50% are Micro. Stocks outside of the largest 5000 are also classified as Micro.
Weighted Average Market Cap - The average market capitalization of all companies held in the portfolio with each company weighted according to its percent held in the portfolio. The result is based upon a weighted average of the securities held in the fund.
P/B Ratio - A ratio that helps determine whether a stock is undervalued or overvalued. It is calculated by dividing a stock's price per share by its book value per share. The result is based upon a weighted average of the securities held in the fund.
P/E Ratio - Is the weighted average of each holding's P/E ratio (price of a stock divided by its earnings per share). The result is based upon a weighted average of the securities held in the fund.
Portfolio Turnover - This is a measure of the Fund’s trading activity which is computed by taking the lesser of purchases or sales divided by average monthly market value, excluding short-term investments. The resulting percentage represents the percentage of the portfolio’s holdings that have changed over the past year.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 12/13/2024
- $0.00570
- Dividend Frequency
- Annually
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 11/25/2024 | 11/26/2024 | 11/26/2024 | $0.00570 | $24.23 |
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 | $27.44 |
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
Sales Charge Schedule as of 12/13/2024
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $24.80 |
| $50,000 to $99,999 | 4.75% | 4.00% | $24.54 |
| $100,000 to $249,999 | 3.95% | 3.25% | $24.33 |
| $250,000 to $499,999 | 2.75% | 2.25% | $24.03 |
| $500,000 to $999,999 | 1.95% | 1.75% | $23.83 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $23.37 |
The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
Expense Ratioas of 11/30/2024
| Fund Gross Expense Ratio | 0.94% |
| Fund Net Expense Ratio | 0.94% |
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 Financial Statements and Other Information *
Publish Date:11/03/2015
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Annual Tailored Shareholder Report
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
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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Fund Story
Publish Date:11/03/2015
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