Growth Opportunities Fund
Daily price w/o sales charge as of 07/19/2018
$25.22
$0.03
YTD Returns w/o sales charge as of 07/19/2018
8.61%
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 06/29/2018
- Total Net Assets
- $811.78 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 0.87%
- Number of Holdings
- 97
- CUSIP
- 543913552
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 4.48% | 14.34% | 7.39% | 11.60% | 9.69% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 7.91% | 20.60% | 11.46% | 13.91% | 10.15% | - |
| Russell Midcap® Growth Index | 5.40% | 18.52% | 10.73% | 13.37% | 10.45% | - |
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 | 4.48% | 14.34% | 7.39% | 11.60% | 9.69% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 7.91% | 20.60% | 11.46% | 13.91% | 10.15% | - |
| Russell Midcap® Growth Index | 5.40% | 18.52% | 10.73% | 13.37% | 10.45% | - |
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 06/29/2018View Portfolio
| Holding | Assets |
|---|---|
| Red Hat, Inc. | 2.2% |
| ServiceNow, Inc. | 2.1% |
| Global Payments, Inc. | 1.9% |
| CoStar Group, Inc. | 1.9% |
| Centene Corp. | 1.8% |
| Burlington Stores, Inc. | 1.7% |
| Ultimate Software Group, Inc. | 1.7% |
| Edwards Lifesciences Corp. | 1.7% |
| Moody's Corp. | 1.7% |
| Fortive Corp. | 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 06/29/2018View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Consumer Discretionary | |
| Telecommunication Services | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials | |
| Real Estate |
INVESTMENT TEAM
Your Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Fund Expense Ratio :
0.87%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 4.48% | 14.34% | 7.39% | 11.60% | 9.69% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 7.91% | 20.60% | 11.46% | 13.91% | 10.15% | - |
| Russell Midcap® Growth Index | 5.40% | 18.52% | 10.73% | 13.37% | 10.45% | - |
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 | 4.48% | 14.34% | 7.39% | 11.60% | 9.69% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | 7.91% | 20.60% | 11.46% | 13.91% | 10.15% | - |
| Russell Midcap® Growth Index | 5.40% | 18.52% | 10.73% | 13.37% | 10.45% | - |
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% | 2.58% | - | - | 8.61% |
| 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 |
|---|
| Red Hat, Inc. | Information Technology | 2.2% |
| ServiceNow, Inc. | Information Technology | 2.1% |
| Global Payments, Inc. | Information Technology | 1.9% |
| CoStar Group, Inc. | Industrials | 1.9% |
| Centene Corp. | Health Care | 1.8% |
| Burlington Stores, Inc. | Consumer Discretionary | 1.7% |
| Ultimate Software Group, Inc. | Information Technology | 1.7% |
| Edwards Lifesciences Corp. | Health Care | 1.7% |
| Moody's Corp. | Financials | 1.7% |
| Fortive Corp. | Industrials | 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.
| Holding | Sector | Assets |
|---|
| Zoetis, Inc. | Health Care | 2.7% |
| Red Hat, Inc. | Information Technology | 2.7% |
| Analog Devices, Inc. | Information Technology | 2.2% |
| ServiceNow, Inc. | Information Technology | 2.2% |
| Roper Industries, Inc. | Industrials | 2.0% |
| Fidelity National Information Services, Inc. | Information Technology | 1.8% |
| Burlington Stores, Inc. | Consumer Discretionary | 1.8% |
| Global Payments, Inc. | Information Technology | 1.8% |
| Lam Research Corp. | Information Technology | 1.8% |
| CoStar Group, Inc. | Industrials | 1.7% |
| Ultimate Software Group, Inc. | Information Technology | 1.7% |
| Illumina, Inc. | Health Care | 1.7% |
| Moody's Corp. | Financials | 1.7% |
| Edwards Lifesciences Corp. | Health Care | 1.6% |
| FMC Corp. | Materials | 1.6% |
| Vantiv, Inc. | Information Technology | 1.6% |
| DXC Technology Co | Information Technology | 1.5% |
| IDEX Corp. | Industrials | 1.5% |
| Ulta Beauty Inc | Consumer Discretionary | 1.5% |
| Microchip Technology, Inc. | Information Technology | 1.4% |
| Fortive Corp. | Industrials | 1.4% |
| E*TRADE Financial Corp. | Financials | 1.4% |
| Centene Corp. | Health Care | 1.4% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 1.4% |
| Cintas Corp. | Industrials | 1.4% |
| Vulcan Materials Co. | Materials | 1.4% |
| Brown-Forman Corp. | Consumer Staples | 1.4% |
| Western Alliance Bancorp | Financials | 1.4% |
| Splunk, Inc. | Information Technology | 1.3% |
| Mettler-Toledo International, Inc. | Health Care | 1.2% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 1.2% |
| SBA Communications Corp. | Real Estate | 1.2% |
| Dollar General Corp. | Consumer Discretionary | 1.2% |
| Mohawk Industries, Inc. | Consumer Discretionary | 1.2% |
| Agilent Technologies, Inc. | Health Care | 1.2% |
| Stanley Black & Decker, Inc. | Industrials | 1.2% |
| Allegion plc | Industrials | 1.2% |
| First Republic Bank/San Francisco CA | Financials | 1.2% |
| West Pharmaceutical Services, Inc. | Health Care | 1.1% |
| AMETEK, Inc. | Industrials | 1.1% |
| Dollar Tree, Inc. | Consumer Discretionary | 1.1% |
| J.B. Hunt Transport Services, Inc. | Industrials | 1.1% |
| Avery Dennison Corp. | Materials | 1.1% |
| Skyworks Solutions, Inc. | Information Technology | 1.1% |
| Axalta Coating Systems Ltd. | Materials | 1.1% |
| IAC/InterActiveCorp. | Information Technology | 1.0% |
| Total System Services, Inc. | Information Technology | 1.0% |
| Tractor Supply Co. | Consumer Discretionary | 1.0% |
| Euronet Worldwide, Inc. | Information Technology | 1.0% |
| Carter's, Inc. | Consumer Discretionary | 0.9% |
| Expeditors International of Washington, Inc. | Industrials | 0.9% |
| Vail Resorts, Inc. | Consumer Discretionary | 0.9% |
| Owens Illinois, Inc. | Materials | 0.9% |
| NetApp, Inc. | Information Technology | 0.9% |
| Church & Dwight Co., Inc. | Consumer Staples | 0.9% |
| MarketAxess Holdings, Inc. | Financials | 0.8% |
| Hubbell, Inc. | Industrials | 0.8% |
| Cimarex Energy Co. | Energy | 0.8% |
| Hilton Worldwide Holdings, Inc. | Consumer Discretionary | 0.8% |
| SLM Corp. | Financials | 0.8% |
| MSCI, Inc. | Financials | 0.8% |
| AutoZone, Inc | Consumer Discretionary | 0.8% |
| Norwegian Cruise Line Holding Ltd. | Consumer Discretionary | 0.8% |
| Service Corp. International | Consumer Discretionary | 0.8% |
| PTC, Inc. | Information Technology | 0.8% |
| Charles River Laboratories International, Inc. | Health Care | 0.7% |
| RenaissanceRe Holdings Ltd. | Financials | 0.7% |
| Genesee & Wyoming, Inc. | Industrials | 0.7% |
| Trimble Navigation Ltd. | Information Technology | 0.7% |
| Alexion Pharmaceuticals, Inc. | Health Care | 0.7% |
| Hershey Co. | Consumer Staples | 0.7% |
| Yum China Holdings, Inc. | Consumer Discretionary | 0.7% |
| Keysight Technologies, Inc. | Information Technology | 0.7% |
| BioMarin Pharmaceutical, Inc. | Health Care | 0.6% |
| Progressive Corp. | Financials | 0.6% |
| Vertex Pharmaceuticals, Inc. | Health Care | 0.6% |
| Cadence BanCorp | Financials | 0.6% |
| Insmed, Inc. | Health Care | 0.5% |
| Repligen Corp. | Health Care | 0.5% |
| Universal Display Corp. | Information Technology | 0.5% |
| Align Technology, Inc. | Health Care | 0.5% |
| A.O. Smith Corp. | Industrials | 0.5% |
| Marvell Technology Group Ltd. | Information Technology | 0.5% |
| Parsley Energy, Inc. | Energy | 0.4% |
| Goosehead Insurance Inc | Financials | 0.4% |
| Rockwell Automation, Inc. | Industrials | 0.4% |
| Advanced Micro Devices, Inc. | Information Technology | 0.4% |
| DENTSPLY International, Inc. | Health Care | 0.4% |
| M/A-COM Technology Solutions Holdings, Inc. | Information Technology | 0.4% |
| Incyte Corp. | Health Care | 0.3% |
| Ashland Global Holdings, Inc. | Materials | 0.3% |
| Evo Payments Inc | Information Technology | 0.1% |
| Dropbox Inc | Information Technology | 0.1% |
| Carbon Black Inc | Information Technology | 0.0% |
| DocuSign Inc | Information Technology | 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 06/29/2018
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Consumer Discretionary |
1.3%
|
|
| Telecommunication Services | 0.0% | |
| Consumer Staples |
 0.2%
|
|
| Energy |
0.1%
|
|
| Financials |
0.6%
|
|
| Health Care |
1.9%
|
|
| Industrials |
0.4%
|
|
| Information Technology |
1.6%
|
|
| Materials |
1.0%
|
|
| Real Estate |
0.2%
|
PORTFOLIO DETAILS as of 06/29/2018
- Total Net Assets
- $811.78 M
- Number of Holdings
- 97
- Weighted Average Market Cap.
- 17.1 B
- P/B Ratio
- 4.8x
- Portfolio Turnover Ratio as of 11/30/2016
- 117.9%
- P/E Ratio
- 28.7x
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 06/29/2018
Contributors
| Holding | Contribution |
|---|---|
| Illumina, Inc. | 0.3% |
| Goosehead Ins Inc | 0.2% |
| NetApp, Inc. | 0.2% |
| CoStar Group, Inc. | 0.2% |
| FMC Corp. | 0.2% |
Detractors
| Holding | Contribution |
|---|---|
| Lam Research Corp. | -0.3% |
| Red Hat, Inc. | -0.2% |
| Owens Illinois, Inc. | -0.2% |
| Stanley Black & Decker, Inc. | -0.2% |
| RenaissanceRe Holdings Ltd. | -0.1% |
% 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 06/30/2018
| 0.87% |
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
|
|||||