Growth Opportunities Fund
Daily price w/o sales charge as of 05/20/2022
$22.51
$0.12
YTD Returns w/o sales charge as of 05/20/2022
-29.92%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 03/31/2022
- Total Net Assets
- $730.57 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 0.84%
- Fund Net Expense Ratio
- 0.73%
- Number of Holdings
- 84
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -23.85% | -21.88% | 8.03% | 11.35% | 10.89% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -23.60% | -17.57% | 10.92% | 13.32% | 12.43% | - |
| Russell Midcap® Growth Index | -22.42% | -16.73% | 8.72% | 12.06% | 12.17% | - |
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -14.85% | -7.56% | 13.53% | 14.42% | 12.19% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -12.54% | -0.08% | 17.70% | 17.01% | 13.89% | - |
| Russell Midcap® Growth Index | -12.58% | -0.89% | 14.81% | 15.10% | 13.52% | - |
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
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.
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TEN LARGEST HOLDINGS as of 03/31/2022View Portfolio
| Holding | Assets |
|---|---|
| Palo Alto Networks Inc | 3.2% |
| Cadence Design Systems Inc | 3.1% |
| Dexcom Inc | 2.4% |
| Old Dominion Freight Line Inc | 2.3% |
| Amphenol Corp | 2.2% |
| Chipotle Mexican Grill Inc | 2.2% |
| Crowdstrike Holdings Inc | 2.1% |
| Datadog Inc | 2.1% |
| SBA Communications Corp | 2.1% |
| Lululemon Athletica Inc | 2.0% |
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 03/31/2022View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| 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 0.84%
Net 0.73%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -23.85% | -21.88% | 8.03% | 11.35% | 10.89% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -23.60% | -17.57% | 10.92% | 13.32% | 12.43% | - |
| Russell Midcap® Growth Index | -22.42% | -16.73% | 8.72% | 12.06% | 12.17% | - |
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -14.85% | -7.56% | 13.53% | 14.42% | 12.19% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -12.54% | -0.08% | 17.70% | 17.01% | 13.89% | - |
| Russell Midcap® Growth Index | -12.58% | -0.89% | 14.81% | 15.10% | 13.52% | - |
Fund Expense Ratio :
Gross 0.84%
Net 0.73%
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 Midcap® Growth Index |
|---|
| 2021 | 6.94% | 12.73% |
| 2020 | 40.51% | 35.59% |
| 2019 | 37.24% | 35.47% |
| 2018 | -3.08% | -4.75% |
| 2017 | 23.32% | 25.27% |
| 2016 | 1.42% | 7.33% |
| 2015 | 3.15% | -0.20% |
| 2014 | 6.76% | 11.90% |
| 2013 | 37.82% | 35.74% |
| 2012 | 14.42% | 15.81% |
| 2011 | -9.62% | - |
| 2010 | 23.83% | - |
| 2009 | 46.23% | - |
| 2008 | -37.98% | - |
| 2007 | 21.67% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2022 | -14.85% | - | - | - | -29.92% |
| 2021 | -1.49% | 7.73% | 0.70% | 0.07% | 6.94% |
| 2020 | -19.35% | 31.97% | 11.12% | 18.80% | 40.51% |
| 2019 | 19.98% | 6.47% | -1.47% | 9.02% | 37.24% |
| 2018 | 1.85% | 2.58% | 7.71% | -13.87% | -3.08% |
| 2017 | 7.03% | 5.28% | 4.32% | 4.90% | 23.32% |
| 2016 | -2.04% | 2.58% | 2.75% | -1.77% | 1.42% |
| 2015 | 7.73% | 1.03% | -7.72% | 2.70% | 3.15% |
| 2014 | 1.32% | 3.06% | -2.74% | 5.11% | 6.76% |
| 2013 | 11.43% | 2.81% | 11.13% | 8.25% | 37.82% |
| 2012 | 17.02% | -6.13% | 4.31% | -0.13% | 14.42% |
| 2011 | 7.85% | 0.12% | -24.88% | 11.42% | -9.62% |
| 2010 | 6.72% | -13.66% | 15.46% | 16.39% | 23.83% |
| 2009 | -2.25% | 17.74% | 17.73% | 7.92% | 46.23% |
| 2008 | -12.62% | 4.54% | -12.20% | -22.67% | -37.98% |
| 2007 | 4.11% | 6.89% | 6.93% | 2.24% | 21.67% |
| 2006 | - | - | - | 6.53% | - |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV HISTORICAL PRICES
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Palo Alto Networks Inc | Information Technology | 3.2% |
| Cadence Design Systems Inc | Information Technology | 3.1% |
| Dexcom Inc | Health Care | 2.4% |
| Old Dominion Freight Line Inc | Industrials | 2.3% |
| Amphenol Corp | Information Technology | 2.2% |
| Chipotle Mexican Grill Inc | Consumer Discretionary | 2.2% |
| Crowdstrike Holdings Inc | Information Technology | 2.1% |
| Datadog Inc | Information Technology | 2.1% |
| SBA Communications Corp | Real Estate | 2.1% |
| Lululemon Athletica Inc | Consumer Discretionary | 2.0% |
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 |
|---|
| Palo Alto Networks Inc | Information Technology | 3.2% |
| Cadence Design Systems Inc | Information Technology | 3.1% |
| Dexcom Inc | Health Care | 2.4% |
| Old Dominion Freight Line Inc | Industrials | 2.3% |
| Chipotle Mexican Grill Inc | Consumer Discretionary | 2.2% |
| Amphenol Corp | Information Technology | 2.2% |
| Crowdstrike Holdings Inc | Information Technology | 2.1% |
| SBA Communications Corp | Real Estate | 2.1% |
| Datadog Inc | Information Technology | 2.1% |
| Lululemon Athletica Inc | Consumer Discretionary | 2.0% |
| Hilton Worldwide Holdings Inc | Consumer Discretionary | 1.9% |
| TransDigm Group Inc | Industrials | 1.9% |
| Vulcan Materials Co | Materials | 1.9% |
| Tractor Supply Co | Consumer Discretionary | 1.8% |
| West Pharmaceutical Services Inc | Health Care | 1.8% |
| Jack Henry & Associates Inc | Information Technology | 1.7% |
| Agilent Technologies Inc | Health Care | 1.7% |
| Ball Corp | Materials | 1.6% |
| Trade Desk Inc/The | Information Technology | 1.6% |
| Paycom Software Inc | Information Technology | 1.6% |
| Parker-Hannifin Corp | Industrials | 1.6% |
| Arista Networks Inc | Information Technology | 1.5% |
| Enphase Energy Inc | Information Technology | 1.5% |
| Roper Technologies Inc | Industrials | 1.4% |
| Analog Devices Inc | Information Technology | 1.4% |
| GXO Logistics Inc | Industrials | 1.3% |
| AMETEK Inc | Industrials | 1.3% |
| Insulet Corp | Health Care | 1.3% |
| Seagen Inc | Health Care | 1.3% |
| Genpact Ltd | Information Technology | 1.2% |
| Churchill Downs Inc | Consumer Discretionary | 1.2% |
| Match Group Inc | Communication Services | 1.2% |
| Catalent Inc | Health Care | 1.2% |
| Burlington Stores Inc | Consumer Discretionary | 1.2% |
| Brown-Forman Corp | Consumer Staples | 1.1% |
| McCormick & Co Inc/MD | Consumer Staples | 1.1% |
| HubSpot Inc | Information Technology | 1.1% |
| MSCI Inc | Financials | 1.1% |
| Fortive Corp | Industrials | 1.1% |
| Repligen Corp | Health Care | 1.1% |
| Avery Dennison Corp | Materials | 1.1% |
| Five Below Inc | Consumer Discretionary | 1.1% |
| Azenta Inc | Health Care | 1.1% |
| CAE Inc | Industrials | 1.0% |
| Argenx SE | Health Care | 1.0% |
| First Republic Bank/CA | Financials | 1.0% |
| Microchip Technology Inc | Information Technology | 1.0% |
| Trimble Inc | Information Technology | 1.0% |
| L3Harris Technologies Inc | Industrials | 1.0% |
| Bill.com Holdings Inc | Information Technology | 1.0% |
| Roku Inc | Communication Services | 1.0% |
| Church & Dwight Co Inc | Consumer Staples | 0.9% |
| Sysco Corp | Consumer Staples | 0.9% |
| Lam Research Corp | Information Technology | 0.9% |
| Western Alliance Bancorp | Financials | 0.8% |
| NXP Semiconductors NV | Information Technology | 0.8% |
| IDEXX Laboratories Inc | Health Care | 0.8% |
| Edwards Lifesciences Corp | Health Care | 0.8% |
| Etsy Inc | Consumer Discretionary | 0.8% |
| Goosehead Insurance Inc | Financials | 0.8% |
| Cooper Cos Inc/The | Health Care | 0.8% |
| Stanley Black & Decker Inc | Industrials | 0.7% |
| Genmab A/S | Health Care | 0.7% |
| Zoetis Inc | Health Care | 0.7% |
| Twilio Inc | Information Technology | 0.7% |
| Bumble Inc | Communication Services | 0.7% |
| Shiseido Co Ltd | Consumer Staples | 0.7% |
| Allegion plc | Industrials | 0.6% |
| Planet Fitness Inc | Consumer Discretionary | 0.6% |
| MongoDB Inc | Information Technology | 0.6% |
| Inspire Medical Systems Inc | Health Care | 0.6% |
| Moody's Corp | Financials | 0.6% |
| Qualtrics International Inc | Information Technology | 0.5% |
| Warner Music Group Corp | Communication Services | 0.5% |
| Align Technology Inc | Health Care | 0.5% |
| Natera Inc | Health Care | 0.5% |
| 10X Genomics Inc | Health Care | 0.5% |
| Snap Inc | Communication Services | 0.4% |
| Wingstop Inc | Consumer Discretionary | 0.4% |
| Bio-Rad Laboratories Inc | Health Care | 0.4% |
| Mirati Therapeutics Inc | Health Care | 0.4% |
| Canada Goose Holdings Inc | Consumer Discretionary | 0.3% |
| Service Corp International/US | Consumer Discretionary | 0.3% |
| Pioneer Natural Resources Co | Energy | 0.2% |
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 03/31/2022
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.5%
|
|
| Real Estate |
0.1%
|
|
| Utilities | 0.0% | |
| Consumer Discretionary |
0.4%
|
|
| Consumer Staples |
0.6%
|
|
| Energy |
0.2%
|
|
| Financials |
0.2%
|
|
| Health Care |
1.2%
|
|
| Industrials |
1.1%
|
|
| Information Technology |
1.6%
|
|
| Materials |
0.4%
|
PORTFOLIO DETAILS as of 03/31/2022
- Total Net Assets
- $730.57 M
- Number of Holdings
- 84
- Weighted Average Market Cap.
- 32.8 B
- P/B Ratio
- 8.2x
- P/E Ratio
- 40.0x
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.
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 03/31/2022
Contributors
| Holding | Contribution |
|---|---|
| Palo Alto Networks Inc | 0.3% |
| Crowdstrike Hldgs Inc | 0.2% |
| Jack Henry & Associates Inc | 0.2% |
| Enphase Energy, Inc. | 0.1% |
| Edwards Lifesciences Corp. | 0.1% |
Detractors
| Holding | Contribution |
|---|---|
| Roku Inc | -0.7% |
| Etsy, Inc. | -0.6% |
| Burlington Stores, Inc. | -0.6% |
| EPAM Systems Inc | -0.6% |
| 10x Genomics Inc | -0.5% |
% 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
| Growth Opportunities 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 Growth Opportunities 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.
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 |
|---|---|---|
| 12/19/2022 | 12/20/2022 | 12/20/2022 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/16/2021 | 12/17/2021 | $4.4608 | $0.4569 | $4.9177 | $31.00 |
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.
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 |
|---|---|
| 12/19/2022 | 12/20/2022 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 04/30/2022
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 0.84% | 0.73% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 03/31/2023. 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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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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