Growth Opportunities Fund
Daily price w/o sales charge as of 05/18/2018
$24.44
$0.06
YTD Returns w/o sales charge as of 05/18/2018
5.25%
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 04/30/2018
- Total Net Assets
- $720.77 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 0.87%
- Number of Holdings
- 92
- CUSIP
- 543913552
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 0.95% | 13.55% | 6.83% | 11.38% | 9.05% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 2.85% | 18.14% | 10.12% | 13.19% | 9.26% | - |
| Russell Midcap® Growth Index | 1.21% | 16.87% | 9.08% | 12.76% | 9.74% | - |
Fund Expense Ratio :
0.87%
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 1.85% | 17.35% | 6.85% | 11.65% | 9.90% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 2.85% | 20.92% | 9.93% | 13.38% | 9.94% | - |
| Russell Midcap® Growth Index | 2.17% | 19.74% | 9.17% | 13.31% | 10.61% | - |
Fund Expense Ratio :
0.87%
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 of future results.
RELATED CONTENT
TEN LARGEST HOLDINGS as of 04/30/2018View Portfolio
| Holding | Assets |
|---|---|
| Zoetis, Inc. | 2.8% |
| Red Hat, Inc. | 2.8% |
| ServiceNow, Inc. | 2.1% |
| Analog Devices, Inc. | 2.0% |
| Roper Industries, Inc. | 2.0% |
| Global Payments, Inc. | 1.9% |
| DXC Technology Co | 1.7% |
| Fidelity National Information Services, Inc. | 1.7% |
| CoStar Group, Inc. | 1.7% |
| Burlington Stores, Inc. | 1.7% |
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 04/30/2018View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Consumer Discretionary | |
| Telecommunication Services | |
| Utilities | |
| Not Classified | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials | |
| Real Estate |
INVESTMENT TEAM
Your Representative
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Performance
Performance
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 0.95% | 13.55% | 6.83% | 11.38% | 9.05% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 2.85% | 18.14% | 10.12% | 13.19% | 9.26% | - |
| Russell Midcap® Growth Index | 1.21% | 16.87% | 9.08% | 12.76% | 9.74% | - |
Fund Expense Ratio :
0.87%
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 1.85% | 17.35% | 6.85% | 11.65% | 9.90% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 2.85% | 20.92% | 9.93% | 13.38% | 9.94% | - |
| Russell Midcap® Growth Index | 2.17% | 19.74% | 9.17% | 13.31% | 10.61% | - |
Fund Expense Ratio :
0.87%
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 of future results.
| Year | Fund Returns | Russell Midcap® Growth Index |
|---|
| 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% | -44.32% |
| 2007 | 21.67% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2018 | 1.85% | - | - | - | 5.25% |
| 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 |
|---|
| Zoetis, Inc. | Health Care | 2.8% |
| Red Hat, Inc. | Information Technology | 2.8% |
| ServiceNow, Inc. | Information Technology | 2.1% |
| Analog Devices, Inc. | Information Technology | 2.0% |
| Roper Industries, Inc. | Industrials | 2.0% |
| Global Payments, Inc. | Information Technology | 1.9% |
| DXC Technology Co | Information Technology | 1.7% |
| Fidelity National Information Services, Inc. | Information Technology | 1.7% |
| CoStar Group, Inc. | Industrials | 1.7% |
| Burlington Stores, Inc. | Consumer Discretionary | 1.7% |
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 |
|---|
| Zoetis, Inc. | Health Care | 2.9% |
| Red Hat, Inc. | Information Technology | 2.5% |
| ServiceNow, Inc. | Information Technology | 2.2% |
| Analog Devices, Inc. | Information Technology | 2.1% |
| Roper Industries, Inc. | Industrials | 2.1% |
| Lam Research Corp. | Information Technology | 1.8% |
| Global Payments, Inc. | Information Technology | 1.8% |
| Edwards Lifesciences Corp. | Health Care | 1.8% |
| Fidelity National Information Services, Inc. | Information Technology | 1.7% |
| Moody's Corp. | Financials | 1.7% |
| DXC Technology Co | Information Technology | 1.7% |
| CoStar Group, Inc. | Industrials | 1.7% |
| Burlington Stores, Inc. | Consumer Discretionary | 1.7% |
| Vantiv, Inc. | Information Technology | 1.6% |
| Ultimate Software Group, Inc. | Information Technology | 1.6% |
| Fortive Corp. | Industrials | 1.6% |
| IDEX Corp. | Industrials | 1.5% |
| Illumina, Inc. | Health Care | 1.5% |
| IAC/InterActiveCorp. | Information Technology | 1.5% |
| RenaissanceRe Holdings Ltd. | Financials | 1.4% |
| FMC Corp. | Materials | 1.4% |
| Microchip Technology, Inc. | Information Technology | 1.4% |
| Brown-Forman Corp. | Consumer Staples | 1.4% |
| Cintas Corp. | Industrials | 1.3% |
| Western Alliance Bancorp | Financials | 1.3% |
| SBA Communications Corp. | Real Estate | 1.3% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 1.3% |
| Agilent Technologies, Inc. | Health Care | 1.3% |
| Dollar General Corp. | Consumer Discretionary | 1.3% |
| Mettler-Toledo International, Inc. | Health Care | 1.3% |
| Centene Corp. | Health Care | 1.3% |
| E*TRADE Financial Corp. | Financials | 1.3% |
| Dollar Tree, Inc. | Consumer Discretionary | 1.3% |
| Mohawk Industries, Inc. | Consumer Discretionary | 1.3% |
| Vulcan Materials Co. | Materials | 1.2% |
| Ulta Beauty Inc | Consumer Discretionary | 1.2% |
| AMETEK, Inc. | Industrials | 1.2% |
| Stanley Black & Decker, Inc. | Industrials | 1.2% |
| Splunk, Inc. | Information Technology | 1.1% |
| West Pharmaceutical Services, Inc. | Health Care | 1.1% |
| Allegion plc | Industrials | 1.1% |
| Skyworks Solutions, Inc. | Information Technology | 1.1% |
| First Republic Bank/San Francisco CA | Financials | 1.1% |
| Axalta Coating Systems Ltd. | Materials | 1.0% |
| Owens Illinois, Inc. | Materials | 1.0% |
| Total System Services, Inc. | Information Technology | 1.0% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 1.0% |
| J.B. Hunt Transport Services, Inc. | Industrials | 1.0% |
| PTC, Inc. | Information Technology | 0.9% |
| Hubbell, Inc. | Industrials | 0.9% |
| Church & Dwight Co., Inc. | Consumer Staples | 0.9% |
| AutoZone, Inc | Consumer Discretionary | 0.9% |
| NetApp, Inc. | Information Technology | 0.9% |
| Euronet Worldwide, Inc. | Information Technology | 0.9% |
| Genesee & Wyoming, Inc. | Industrials | 0.9% |
| Carter's, Inc. | Consumer Discretionary | 0.9% |
| Expeditors International of Washington, Inc. | Industrials | 0.9% |
| MarketAxess Holdings, Inc. | Financials | 0.9% |
| Keysight Technologies, Inc. | Information Technology | 0.9% |
| Cimarex Energy Co. | Energy | 0.8% |
| Vail Resorts, Inc. | Consumer Discretionary | 0.8% |
| Tractor Supply Co. | Consumer Discretionary | 0.8% |
| Service Corp. International | Consumer Discretionary | 0.8% |
| Norwegian Cruise Line Holding Ltd. | Consumer Discretionary | 0.8% |
| SLM Corp. | Financials | 0.8% |
| Trimble Navigation Ltd. | Information Technology | 0.8% |
| Hershey Co. | Consumer Staples | 0.8% |
| Charles River Laboratories International, Inc. | Health Care | 0.8% |
| MSCI, Inc. | Financials | 0.7% |
| Alexion Pharmaceuticals, Inc. | Health Care | 0.7% |
| Hilton Worldwide Holdings, Inc. | Consumer Discretionary | 0.7% |
| A.O. Smith Corp. | Industrials | 0.7% |
| Avery Dennison Corp. | Materials | 0.6% |
| Progressive Corp. | Financials | 0.6% |
| Vertex Pharmaceuticals, Inc. | Health Care | 0.6% |
| Intuitive Surgical, Inc. | Health Care | 0.6% |
| Rockwell Automation, Inc. | Industrials | 0.6% |
| BioMarin Pharmaceutical, Inc. | Health Care | 0.6% |
| Universal Display Corp. | Information Technology | 0.5% |
| Cadence BanCorp | Financials | 0.5% |
| Marvell Technology Group Ltd. | Information Technology | 0.5% |
| DENTSPLY International, Inc. | Health Care | 0.5% |
| Insmed, Inc. | Health Care | 0.4% |
| Repligen Corp. | Health Care | 0.4% |
| Align Technology, Inc. | Health Care | 0.4% |
| Yum China Holdings, Inc. | Consumer Discretionary | 0.4% |
| Incyte Corp. | Health Care | 0.4% |
| Parsley Energy, Inc. | Energy | 0.4% |
| Advanced Micro Devices, Inc. | Information Technology | 0.3% |
| M/A-COM Technology Solutions Holdings, Inc. | Information Technology | 0.3% |
| Dropbox Inc | Information Technology | 0.1% |
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 04/30/2018
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Consumer Discretionary |
1.1%
|
|
| Telecommunication Services | 0.0% | |
| Utilities | 0.0% | |
| Not Classified |
0.4%
|
|
| Consumer Staples |
 0.1%
|
|
| Energy |
0.2%
|
|
| Financials |
0.1%
|
|
| Health Care |
0.9%
|
|
| Industrials |
0.7%
|
|
| Information Technology |
0.6%
|
|
| Materials |
0.4%
|
|
| Real Estate |
0.1%
|
PORTFOLIO DETAILS as of 04/30/2018
- Total Net Assets
- $720.77 M
- Number of Holdings
- 92
- Weighted Average Market Cap.
- 17.8 B
- P/B Ratio
- 4.9x
- Portfolio Turnover Ratio as of 11/30/2016
- 117.9%
- P/E Ratio
- 27.9x
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.
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 03/29/2018
Contributors
| Holding | Contribution |
|---|---|
| Red Hat, Inc. | 0.5% |
| ServiceNow, Inc. | 0.5% |
| Zoetis, Inc. | 0.4% |
| Edwards Lifesciences Corp. | 0.3% |
| IAC/InterActiveCorp. | 0.3% |
Detractors
| Holding | Contribution |
|---|---|
| FMC Corp. | -0.3% |
| Universal Display Corp. | -0.3% |
| M/A-COM Technology Solutions Holdings, Inc. | -0.3% |
| Cimarex Energy Co. | -0.3% |
| Mohawk Industries, 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
| 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 |
|---|---|---|
| 12/17/2018 | 12/18/2018 | 12/18/2018 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/14/2017 | 12/15/2017 | $1.4083 | $0.4324 | $1.8407 | $23.08 |
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 |
|---|---|
| 12/17/2018 | 12/18/2018 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 04/30/2018
| 0.87% |
Fund Documents
Fund Documents
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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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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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