Focused Growth Fund
Daily price w/o sales charge as of 09/18/2019
$16.06
$0.16
Summary
Summary
The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of U.S. companies.
Fund Basicsas of 08/30/2019
- Total Net Assets
- $8.78 M
- Inception Date
- 02/01/2019
- Dividend Frequency
- Monthly (Daily Accrual)
- Fund Gross Expense Ratio
- 0.89%
- Fund Net Expense Ratio
- 0.80%
- Number of Holdings
- 30
- Minimum Initial Investment
- $1,000,000+
TEN LARGEST HOLDINGS as of 08/30/2019View Portfolio
| Holding | Assets |
|---|---|
| Mastercard, Inc. | 6.3% |
| Amazon.com, Inc. | 5.9% |
| Match Group, Inc. | 4.9% |
| Microsoft Corp. | 4.4% |
| Alteryx Inc | 4.1% |
| Roku Inc | 4.1% |
| EPAM Systems, Inc. | 3.8% |
| Lululemon Athletica, Inc. | 3.7% |
| ServiceNow, Inc. | 3.5% |
| Live Nation Entertainment, Inc. | 3.4% |
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 08/30/2019View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
INVESTMENT TEAM
Your Representative
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Performance
Performance
Fund Expense Ratio :
Gross 0.89%
Net 0.80%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
|---|
| w/o sales charge | - | - | - | - | - | 12.47% |
| Lipper Category Avg. Global Multi-Cap Growth Fds | - | - | - | - | - | - |
| Russell 1000® Growth Index | - | - | - | - | - | 13.11% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 0.89%
Net 0.80%
Fund Expense Ratio :
Gross 0.89%
Net 0.80%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
|---|
| w/o sales charge | - | - | - | - | - | 11.73% |
| Lipper Category Avg. Global Multi-Cap Growth Fds | - | - | - | - | - | - |
| Russell 1000® Growth Index | - | - | - | - | - | 11.47% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 0.89%
Net 0.80%
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.
The Fund changed its investment strategy on 01/31/2019. Performance is calculated from this date.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Mastercard, Inc. | Financial Services | 6.3% |
| Amazon.com, Inc. | Technology | 5.9% |
| Match Group, Inc. | Technology | 4.9% |
| Microsoft Corp. | Technology | 4.4% |
| Alteryx Inc | Technology | 4.1% |
| Roku Inc | Technology | 4.1% |
| EPAM Systems, Inc. | Technology | 3.8% |
| Lululemon Athletica, Inc. | Consumer Cyclicals | 3.7% |
| ServiceNow, Inc. | Technology | 3.5% |
| Live Nation Entertainment, Inc. | Consumer Discretionary | 3.4% |
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.
| Holding | Sector | Assets |
|---|
| Amazon.com, Inc. | Technology | 5.9% |
| Mastercard, Inc. | Financial Services | 5.9% |
| Microsoft Corp. | Technology | 4.3% |
| Match Group, Inc. | Technology | 4.2% |
| Facebook, Inc. | Technology | 4.0% |
| ServiceNow, Inc. | Technology | 3.8% |
| EPAM Systems, Inc. | Technology | 3.7% |
| Everbridge, Inc. | Technology | 3.7% |
| Lululemon Athletica, Inc. | Consumer Cyclicals | 3.7% |
| YETI Holdings Inc | Consumer Cyclicals | 3.5% |
| Chegg, Inc. | Financial Services | 3.5% |
| Live Nation Entertainment, Inc. | Consumer Discretionary | 3.4% |
| Alteryx Inc | Technology | 3.4% |
| RingCentral, Inc. | Technology | 3.3% |
| Planet Fitness, Inc. | Consumer Cyclicals | 3.3% |
| Advanced Micro Devices, Inc. | Capital Goods | 3.1% |
| Paycom Software, Inc. | Technology | 3.1% |
| Trade Desk, Inc./The | Consumer Discretionary | 3.1% |
| Walt Disney Co/The | Consumer Services | 3.1% |
| PayPal Holdings, Inc. | Financial Services | 3.0% |
| Blueprint Medicines Corp. | Health Care | 2.8% |
| Twilio, Inc. | Technology | 2.5% |
| Veeva Systems, Inc. | Technology | 2.5% |
| Mercadolibre, Inc. | Technology | 2.5% |
| Glaukos Corp. | Health Care | 2.4% |
| GW Pharmaceuticals plc | Health Care | 2.4% |
| Alibaba Group Holding Ltd. | Technology | 2.3% |
| Xilinx, Inc. | Capital Goods | 1.9% |
| QUALCOMM, Inc. | Capital Goods | 1.8% |
| Vertex Pharmaceuticals, Inc. | Health Care | 1.6% |
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 08/30/2019
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
2.2%
|
|
| Real Estate | 0.0% | |
| Consumer Discretionary |
 2.9%
|
|
| Consumer Staples | 0.0% | |
| Energy | 0.0% | |
| Financials | 0.0% | |
| Health Care |
4.6%
|
|
| Industrials | 0.0% | |
| Information Technology |
2.1%
|
|
| Materials | 0.0% |
PORTFOLIO DETAILS as of 08/30/2019
- Total Net Assets
- $8.78 M
- Number of Holdings
- 30
- Weighted Average Market Cap.
- 167.5 B
- P/B Ratio
- 13.0x
- P/E Ratio
- 51.9x
To view definitions for the above Portfolio Details, Click here.
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.
Contributors & Detractors as of 06/28/2019
Contributors
| Holding | Contribution |
|---|---|
| Alteryx Inc | 0.8% |
| Exact Sciences Corp. | 0.8% |
| Mastercard, Inc. | 0.6% |
| Everbridge, Inc. | 0.6% |
| Match Group, Inc. | 0.5% |
Detractors
| Holding | Contribution |
|---|---|
| Intuitive Surgical, Inc. | -0.4% |
| Alibaba Group Holding Ltd. | -0.4% |
| Alphabet, Inc. | -0.3% |
| Align Technology, Inc. | -0.3% |
| Xilinx, Inc. | -0.2% |
% Contribution reflects the effect of the individual stock's performance on the Fund's overall performance for the period. Individual holdings and their effect on Fund performance may change significantly over time. Investors should consider the overall performance of the Fund before making a decision on whether or not to invest in the Fund.
Attribution Analysis
| Focused Growth Fund | Benchmark | Variance | |||||
|---|---|---|---|---|---|---|---|
| Sector | Avg. Weight | Base Return | Avg. Weight | Base Return | Stock Selection | Group Weight | Total |
The total base return displayed for the Fund does not capture daily cash flow and trading activity and therefore is subject to reasonable variance from the Fund's actual return. Please refer to Lord Abbett Affiliated Fund Performance Results for the Fund's longer-term returns. The Fund is actively managed and portfolio characteristics, such as individual holdings and sector weightings, may change significantly over time.
Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.
Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 08/31/2019
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 0.89% | 0.80% |
Expense ratio details, Click here.
The net expense ratio is based on estimates for the current fiscal year and takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/29/2020. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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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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Prospectus (XBRL)
Publish Date:11/03/2015
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SAI
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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