Growth Opportunities Fund
Daily price w/o sales charge as of 10/23/2019
$26.96
$0.00
YTD Returns w/o sales charge as of 10/23/2019
26.16%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of mid-sized U.S. companies.
Fund Basicsas of 09/30/2019
- Total Net Assets
- $812.55 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 0.85%
- Number of Holdings
- 95
Fund Expense Ratio :
0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 25.88% | 8.42% | 13.91% | 10.59% | 12.34% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 24.19% | 2.68% | 14.28% | 10.62% | 12.88% | - |
| Russell Midcap® Growth Index | 25.23% | 5.20% | 14.50% | 11.12% | 14.08% | - |
Fund Expense Ratio :
0.85%
Fund Expense Ratio :
0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 25.88% | 8.42% | 13.91% | 10.59% | 12.34% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 24.19% | 2.68% | 14.28% | 10.62% | 12.88% | - |
| Russell Midcap® Growth Index | 25.23% | 5.20% | 14.50% | 11.12% | 14.08% | - |
Fund Expense Ratio :
0.85%
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.
RELATED CONTENT
TEN LARGEST HOLDINGS as of 09/30/2019View Portfolio
| Holding | Assets |
|---|---|
| Global Payments, Inc. | 3.7% |
| Fidelity National Information Services, Inc. | 3.4% |
| Dollar General Corp. | 2.5% |
| O'Reilly Automotive, Inc. | 2.3% |
| TransDigm Group, Inc. | 2.3% |
| SBA Communications Corp. | 2.1% |
| Harris Corp. | 2.1% |
| Burlington Stores, Inc. | 1.9% |
| RingCentral, Inc. | 1.9% |
| FleetCor Technologies, Inc. | 1.8% |
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 09/30/2019View 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 :
0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 25.88% | 8.42% | 13.91% | 10.59% | 12.34% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 24.19% | 2.68% | 14.28% | 10.62% | 12.88% | - |
| Russell Midcap® Growth Index | 25.23% | 5.20% | 14.50% | 11.12% | 14.08% | - |
Fund Expense Ratio :
0.85%
Fund Expense Ratio :
0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 25.88% | 8.42% | 13.91% | 10.59% | 12.34% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 24.19% | 2.68% | 14.28% | 10.62% | 12.88% | - |
| Russell Midcap® Growth Index | 25.23% | 5.20% | 14.50% | 11.12% | 14.08% | - |
Fund Expense Ratio :
0.85%
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 Midcap® Growth Index |
|---|
| 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% | -1.65% |
| 2010 | 23.83% | 26.38% |
| 2009 | 46.23% | 46.29% |
| 2008 | -37.98% | - |
| 2007 | 21.67% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2019 | 19.98% | 6.47% | -1.47% | - | 26.16% |
| 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 |
|---|
| Global Payments, Inc. | Information Technology | 3.7% |
| Fidelity National Information Services, Inc. | Information Technology | 3.4% |
| Dollar General Corp. | Consumer Discretionary | 2.5% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 2.3% |
| TransDigm Group, Inc. | Industrials | 2.3% |
| SBA Communications Corp. | Real Estate | 2.1% |
| Harris Corp. | Industrials | 2.1% |
| Burlington Stores, Inc. | Consumer Discretionary | 1.9% |
| RingCentral, Inc. | Information Technology | 1.9% |
| FleetCor Technologies, Inc. | Information Technology | 1.8% |
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 |
|---|
| Fidelity National Information Services, Inc. | Information Technology | 3.4% |
| Dollar General Corp. | Consumer Discretionary | 2.3% |
| Global Payments, Inc. | Information Technology | 2.3% |
| TransDigm Group, Inc. | Industrials | 2.3% |
| SBA Communications Corp. | Real Estate | 2.2% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 2.2% |
| RingCentral, Inc. | Information Technology | 2.1% |
| Harris Corp. | Industrials | 2.1% |
| Burlington Stores, Inc. | Consumer Discretionary | 2.1% |
| FleetCor Technologies, Inc. | Information Technology | 1.8% |
| IAC/InterActiveCorp. | Communication Services | 1.8% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 1.7% |
| CoStar Group, Inc. | Industrials | 1.6% |
| Total System Services, Inc. | Information Technology | 1.6% |
| Zoetis, Inc. | Health Care | 1.6% |
| Brown-Forman Corp. | Consumer Staples | 1.6% |
| Church & Dwight Co., Inc. | Consumer Staples | 1.5% |
| Centene Corp. | Health Care | 1.5% |
| Vulcan Materials Co. | Materials | 1.5% |
| AMETEK, Inc. | Industrials | 1.4% |
| Teleflex, Inc. | Health Care | 1.4% |
| Splunk, Inc. | Information Technology | 1.4% |
| Lam Research Corp. | Information Technology | 1.4% |
| ServiceNow, Inc. | Information Technology | 1.4% |
| Dollar Tree, Inc. | Consumer Discretionary | 1.3% |
| Palo Alto Networks, Inc. | Information Technology | 1.3% |
| Fortive Corp. | Industrials | 1.3% |
| Analog Devices, Inc. | Information Technology | 1.3% |
| Roper Industries, Inc. | Industrials | 1.3% |
| Tractor Supply Co. | Consumer Discretionary | 1.2% |
| Genpact Ltd. | Information Technology | 1.2% |
| Avery Dennison Corp. | Materials | 1.2% |
| Xilinx, Inc. | Information Technology | 1.2% |
| Stanley Black & Decker, Inc. | Industrials | 1.2% |
| Hubbell, Inc. | Industrials | 1.2% |
| Chipotle Mexican Grill, Inc. | Consumer Discretionary | 1.2% |
| RenaissanceRe Holdings Ltd. | Financials | 1.1% |
| Euronet Worldwide, Inc. | Information Technology | 1.1% |
| MarketAxess Holdings, Inc. | Financials | 1.1% |
| Charles River Laboratories International, Inc. | Health Care | 1.1% |
| GoDaddy, Inc. | Information Technology | 1.0% |
| Service Corp. International | Consumer Discretionary | 1.0% |
| MSCI, Inc. | Financials | 1.0% |
| Neurocrine Biosciences, Inc. | Health Care | 1.0% |
| Advanced Micro Devices, Inc. | Information Technology | 1.0% |
| Cintas Corp. | Industrials | 0.9% |
| J.B. Hunt Transport Services, Inc. | Industrials | 0.9% |
| Align Technology, Inc. | Health Care | 0.9% |
| Keysight Technologies, Inc. | Information Technology | 0.9% |
| CAE Inc | Industrials | 0.9% |
| Allegion plc | Industrials | 0.9% |
| Goosehead Insurance Inc | Financials | 0.9% |
| Twitter, Inc. | Communication Services | 0.9% |
| Vail Resorts, Inc. | Consumer Discretionary | 0.9% |
| Agilent Technologies, Inc. | Health Care | 0.9% |
| Carter's, Inc. | Consumer Discretionary | 0.9% |
| E*TRADE Financial Corp. | Financials | 0.8% |
| Expeditors International of Washington, Inc. | Industrials | 0.8% |
| Twilio, Inc. | Information Technology | 0.8% |
| Shiseido Co. Ltd. | Consumer Staples | 0.8% |
| Norwegian Cruise Line Holding Ltd. | Consumer Discretionary | 0.8% |
| Old Dominion Freight Line, Inc. | Industrials | 0.8% |
| Trimble Navigation Ltd. | Information Technology | 0.7% |
| Mettler-Toledo International, Inc. | Health Care | 0.7% |
| ABIOMED, Inc. | Health Care | 0.7% |
| BioMarin Pharmaceutical, Inc. | Health Care | 0.7% |
| SLM Corp. | Financials | 0.6% |
| Axis Capital Holdings Ltd. | Financials | 0.6% |
| Healthcare Services Group | Industrials | 0.6% |
| First Republic Bank/San Francisco CA | Financials | 0.6% |
| New Relic, Inc. | Information Technology | 0.6% |
| Moody's Corp. | Financials | 0.6% |
| Zendesk, Inc. | Information Technology | 0.6% |
| Anaplan Inc | Information Technology | 0.6% |
| Insulet Corp. | Health Care | 0.6% |
| Marvell Technology Group Ltd. | Information Technology | 0.5% |
| Axalta Coating Systems Ltd. | Materials | 0.5% |
| Parsley Energy, Inc. | Energy | 0.5% |
| Cimarex Energy Co. | Energy | 0.5% |
| Amarin Corp. plc | Health Care | 0.5% |
| Edwards Lifesciences Corp. | Health Care | 0.4% |
| FMC Corp. | Materials | 0.4% |
| Guardant Health Inc | Health Care | 0.4% |
| Slack Technologies Inc | Information Technology | 0.4% |
| Illumina, Inc. | Health Care | 0.4% |
| Elanco Animal Health Inc | Health Care | 0.4% |
| Sarepta Therapeutics, Inc. | Health Care | 0.3% |
| Natera, Inc. | Health Care | 0.3% |
| Myovant Sciences Ltd | Health Care | 0.2% |
| Square, Inc. | Information Technology | 0.2% |
| AnaptysBio Inc | Health Care | 0.1% |
| Lyft Inc | Industrials | 0.1% |
| Crowdstrike Holdings Inc | Information Technology | 0.1% |
| Adaptive Biotechnologies Corp | Health Care | 0.1% |
| RealReal Inc/The | Consumer Discretionary | 0.0% |
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 09/30/2019
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.3%
|
|
| Real Estate |
0.3%
|
|
| Consumer Discretionary |
1.7%
|
|
| Consumer Staples |
0.2%
|
|
| Energy |
 0.1%
|
|
| Financials |
0.4%
|
|
| Health Care | 0.0% | |
| Industrials |
1.5%
|
|
| Information Technology |
2.2%
|
|
| Materials |
0.4%
|
PORTFOLIO DETAILS as of 09/30/2019
- Total Net Assets
- $812.55 M
- Number of Holdings
- 95
- Weighted Average Market Cap.
- 23.0 B
- P/B Ratio
- 5.4x
- Portfolio Turnover Ratio as of 11/30/2018
- 55.2%
- P/E Ratio
- 28.6x
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 09/30/2019
Contributors
| Holding | Contribution |
|---|---|
| Dollar General Corp. | 0.4% |
| ARAMARK Holdings Corp. | 0.3% |
| Burlington Stores, Inc. | 0.3% |
| Lam Research Corp. | 0.3% |
| TransDigm Group, Inc. | 0.3% |
Detractors
| Holding | Contribution |
|---|---|
| Align Technology, Inc. | -0.4% |
| Ulta Beauty, Inc. | -0.4% |
| Centene Corp. | -0.3% |
| ABIOMED, Inc. | -0.3% |
| Sarepta Therapeutics, Inc. | -0.3% |
% 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 |
|---|---|---|
| 12/17/2019 | 12/18/2019 | 12/18/2019 |
Capital Gains Distributions
Click Here To View Estimated Capital Gain Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/17/2018 | 12/18/2018 | $0.9032 | $0.2351 | $1.1383 | $21.43 |
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 |
|---|---|
| 12/17/2019 | 12/18/2019 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 09/30/2019
| 0.85% |
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
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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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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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