Image alt tag

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Growth Leaders Fund

Summary

Summary

What is the Growth Leaders Fund?

The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of U.S. companies.

Fund Basicsas of 10/31/2019

Total Net Assets
$3.74 B
Inception Date
06/30/2015
Dividend Frequency
Annually
Fund Expense Ratio
0.91%
Number of Holdings
75

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2011
w/o sales charge 24.65% 15.35% 17.80% 11.99% - 13.33%
Lipper Category Avg. Multi-Cap Growth Funds 23.08% 14.21% 16.13% 10.33% - -
Russell 1000® Growth Index 26.77% 17.10% 18.92% 13.43% - -

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2011
w/o sales charge 20.73% -3.66% 15.45% 11.88% - 13.03%
Lipper Category Avg. Multi-Cap Growth Funds 20.65% 1.09% 14.18% 10.43% - -
Russell 1000® Growth Index 23.30% 3.71% 16.89% 13.39% - -

Fund Expense Ratio :

0.91%

RELATED CONTENT

Investing in Innovation with Growth Stocks
November 11, 2019

Lord Abbett experts discuss why they believe investors should focus on “revolutionary” advances in technology, healthcare, and consumer experiences—and how to identify the most promising companies in those sectors.

Investing in Innovation with Growth Stocks
November 11, 2019

Lord Abbett experts discuss why they believe investors should focus on “revolutionary” advances in technology, healthcare, and consumer experiences—and how to identify the most promising companies in those sectors.

Our Answers to Six Key Valuation Questions
July 15, 2019

Here, we attempt to sort out the current investment environment—and whether select asset classes still present attractive opportunities.

TEN LARGEST HOLDINGS as of 10/31/2019View Portfolio

Holding Assets
Apple, Inc. 5.6%
Microsoft Corp. 5.4%
Mastercard, Inc. 3.1%
Amazon.com, Inc. 3.0%
Alphabet, Inc. 2.6%
Visa, Inc. 2.2%
Match Group, Inc. 2.1%
NVIDIA Corp. 2.1%
NIKE, Inc. 1.9%
Generac Holdings, Inc. 1.8%

INVESTMENT TEAM

F. Thomas O'Halloran
F. Thomas O'Halloran, J.D., CFA

Partner & Portfolio Manager

32 Years of Industry Experience

Vernon Bice
Vernon Bice, CMT

Portfolio Manager

18 Years of Industry Experience

Matthew DeCicco
Matthew R. DeCicco, CFA

Managing Director & Portfolio Manager

20 Years of Industry Experience

Supported By 44 Investment Professionals with 18 Years Avg. Industry Experience

Your Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2011
w/o sales charge 24.65% 15.35% 17.80% 11.99% - 13.33%
Lipper Category Avg. Multi-Cap Growth Funds 23.08% 14.21% 16.13% 10.33% - -
Russell 1000® Growth Index 26.77% 17.10% 18.92% 13.43% - -

Fund Expense Ratio :

0.91%

Fund Expense Ratio :

0.91%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2011
w/o sales charge 20.73% -3.66% 15.45% 11.88% - 13.03%
Lipper Category Avg. Multi-Cap Growth Funds 20.65% 1.09% 14.18% 10.43% - -
Russell 1000® Growth Index 23.30% 3.71% 16.89% 13.39% - -

Fund Expense Ratio :

0.91%

Year Fund Returns Russell 1000® Growth Index
2018 -0.95% -1.51%
2017 31.24% 30.21%
2016 0.58% 7.08%
2015 6.64% 5.67%
2014 10.14% 13.05%
2013 46.86% 33.48%
2012 10.14% 15.26%
2011 - -
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 20.73% 6.31% -5.94% - 28.88%
2018 4.56% 6.93% 11.01% -20.20% -0.95%
2017 8.00% 6.14% 6.52% 7.48% 31.24%
2016 -3.91% 0.69% 6.02% -1.95% 0.58%
2015 4.70% 1.18% -6.15% 7.26% 6.64%
2014 2.09% 3.56% 0.01% 4.16% 10.14%
2013 11.45% 7.25% 13.13% 8.61% 46.86%
2012 15.48% -5.84% 3.85% -2.47% 10.14%
2011 - - -15.03% 7.86% -

NAV HISTORICAL PRICES

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 09/30/2019

  • The portfolio has reduced its overweight in the information technology sector, specifically software providers.  Although we anticipate continued innovation in e-commerce and cloud computing companies, the outsized gains in these stocks over the past few years have led us to take profits selectively. We remain underweight in particular FAANG stocks.
  • Within the health care sector, we remain focused on smaller capitalization biotechnology companies, as they have tended to be more innovative than their large cap peers, which have large amounts of cash but inferior product pipelines. The portfolio maintains exposure to innovative minimally-invasive medical device companies.
  • The portfolio remains underweight in certain bond proxy sectors, such as consumer staples and real estate, as we continue to believe these sectors are overvalued and lack operating momentum and certain fundamental characteristics that we favor.
  • During the third quarter, the equity market continued to wrestle with trade war worries and interest rate volatility. Although the companies that we favor underperformed in this environment, we believe innovative growth companies continue to be attractive over the long term. Furthermore, we believe that improving fundamentals and moderate inflation levels will continue to support higher equity prices for select innovative growth stocks.

PORTFOLIO DETAILS as of 10/31/2019

Total Net Assets
$3.74 B
Number of Holdings
75
Weighted Average Market Cap.
239.4 B
P/B Ratio
8.6x
P/E Ratio
33.1x

Contributors & Detractors as of  09/30/2019

Contributors

Holding Contribution
Teledyne Technologies, Inc. 0.2%
Chipotle Mexican Grill, Inc. 0.2%
Alphabet, Inc. 0.2%
Apple, Inc. 0.2%
Twitter, Inc. 0.2%

Detractors

Holding Contribution
Amazon.com, Inc. -0.5%
Zscaler Inc -0.4%
GW Pharmaceuticals plc -0.4%
Everbridge, Inc. -0.3%
Facebook, Inc. -0.3%

Attribution Analysis 

Growth Leaders Fund Benchmark Variance
Sector Avg. Weight Base Return Avg. Weight Base Return Stock Selection Group Weight Total

Dividends & Cap Gains

Dividends & Cap Gains

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date Reinvest & Payable Date
11/20/2019 11/21/2019 11/21/2019

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
11/19/2018 11/20/2018 $2.8843 $1.7670 $4.6513 $23.04

Upcoming Capital Gain Distribution

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date
11/20/2019 11/21/2019

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 10/31/2019

0.91%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
Publish Date:11/03/2015
Flyer
Publish Date:11/03/2015
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
Quantity
Quantity
Remove
Remove

Class R4 - The inception date for Class R4 shares is June 30, 2015. The performance quotations for Class R4 are based on the following methods of calculation: (a) for periods prior to June 30, 2015, a restated figure is used based on the historical performance of the Fund’s portfolio since inception to reflect all charges and fees applicable to Class R4 shares; and (b) for periods after June 30, 2015, actual Class R4 performance is used, which reflects all charges and fees applicable to Class R4 shares.

Class R4 shares are only offered to certain eligible investors. For additional information, see the Fund’s current prospectus.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field