Growth Opportunities Fund
Daily price w/o sales charge as of 09/23/2022
$21.48
$0.47
YTD Returns w/o sales charge as of 09/23/2022
-33.13%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 08/31/2022
- Total Net Assets
- $679.32 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 0.74%
- Fund Net Expense Ratio
- 0.63%
- Number of Holdings
- 78
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -26.40% | -29.55% | 5.99% | 9.52% | 10.92% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -27.75% | -28.52% | 8.92% | 10.95% | 12.31% | - |
| Russell Midcap® Growth Index | -25.09% | -26.69% | 6.98% | 10.16% | 12.06% | - |
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -30.95% | -30.41% | 3.68% | 8.60% | 10.56% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -32.59% | -29.68% | 6.09% | 9.88% | 11.69% | - |
| Russell Midcap® Growth Index | -31.00% | -29.57% | 4.25% | 8.88% | 11.50% | - |
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
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 08/31/2022View Portfolio
| Holding | Assets |
|---|---|
| Cadence Design Systems Inc | 4.0% |
| Chipotle Mexican Grill Inc | 2.7% |
| Amphenol Corp | 2.6% |
| Enphase Energy Inc | 2.3% |
| Arista Networks Inc | 2.1% |
| Crowdstrike Holdings Inc | 2.1% |
| Lululemon Athletica Inc | 2.0% |
| SBA Communications Corp | 2.0% |
| TransDigm Group Inc | 2.0% |
| Vulcan Materials Co | 1.9% |
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 08/31/2022View 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 0.74%
Net 0.63%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -26.40% | -29.55% | 5.99% | 9.52% | 10.92% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -27.75% | -28.52% | 8.92% | 10.95% | 12.31% | - |
| Russell Midcap® Growth Index | -25.09% | -26.69% | 6.98% | 10.16% | 12.06% | - |
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | -30.95% | -30.41% | 3.68% | 8.60% | 10.56% | - |
| Lipper Category Avg. Multi-Cap Growth Funds | -32.59% | -29.68% | 6.09% | 9.88% | 11.69% | - |
| Russell Midcap® Growth Index | -31.00% | -29.57% | 4.25% | 8.88% | 11.50% | - |
Fund Expense Ratio :
Gross 0.74%
Net 0.63%
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% | -18.90% | - | - | -33.13% |
| 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 |
|---|
| Cadence Design Systems Inc | Information Technology | 4.0% |
| Chipotle Mexican Grill Inc | Consumer Discretionary | 2.7% |
| Amphenol Corp | Information Technology | 2.6% |
| Enphase Energy Inc | Information Technology | 2.3% |
| Arista Networks Inc | Information Technology | 2.1% |
| Crowdstrike Holdings Inc | Information Technology | 2.1% |
| Lululemon Athletica Inc | Consumer Discretionary | 2.0% |
| SBA Communications Corp | Real Estate | 2.0% |
| TransDigm Group Inc | Industrials | 2.0% |
| Vulcan Materials Co | Materials | 1.9% |
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 |
|---|
| Cadence Design Systems Inc | Information Technology | 4.0% |
| Amphenol Corp | Information Technology | 2.6% |
| Chipotle Mexican Grill Inc | Consumer Discretionary | 2.5% |
| Enphase Energy Inc | Information Technology | 2.4% |
| Crowdstrike Holdings Inc | Information Technology | 2.1% |
| Jack Henry & Associates Inc | Information Technology | 2.1% |
| SBA Communications Corp | Real Estate | 2.0% |
| TransDigm Group Inc | Industrials | 2.0% |
| Lululemon Athletica Inc | Consumer Discretionary | 2.0% |
| Datadog Inc | Information Technology | 1.9% |
| Arista Networks Inc | Information Technology | 1.9% |
| West Pharmaceutical Services Inc | Health Care | 1.8% |
| Vulcan Materials Co | Materials | 1.8% |
| Agilent Technologies Inc | Health Care | 1.8% |
| Dexcom Inc | Health Care | 1.8% |
| Seagen Inc | Health Care | 1.7% |
| Parker-Hannifin Corp | Industrials | 1.6% |
| Tractor Supply Co | Consumer Discretionary | 1.6% |
| Old Dominion Freight Line Inc | Industrials | 1.6% |
| Repligen Corp | Health Care | 1.6% |
| Genpact Ltd | Information Technology | 1.6% |
| MongoDB Inc | Information Technology | 1.6% |
| Air Products and Chemicals Inc | Materials | 1.5% |
| Paycom Software Inc | Information Technology | 1.5% |
| Analog Devices Inc | Information Technology | 1.5% |
| Roper Technologies Inc | Information Technology | 1.5% |
| Brown-Forman Corp | Consumer Staples | 1.4% |
| Palo Alto Networks Inc | Information Technology | 1.4% |
| Chesapeake Energy Corp | Energy | 1.4% |
| L3Harris Technologies Inc | Industrials | 1.4% |
| Argenx SE | Health Care | 1.4% |
| Catalent Inc | Health Care | 1.4% |
| Insulet Corp | Health Care | 1.4% |
| Fortive Corp | Industrials | 1.3% |
| Churchill Downs Inc | Consumer Discretionary | 1.3% |
| Ball Corp | Materials | 1.3% |
| Hilton Worldwide Holdings Inc | Consumer Discretionary | 1.3% |
| AMETEK Inc | Industrials | 1.2% |
| CAE Inc | Industrials | 1.2% |
| MSCI Inc | Financials | 1.2% |
| Pioneer Natural Resources Co | Energy | 1.2% |
| Service Corp International/US | Consumer Discretionary | 1.2% |
| Allegion plc | Industrials | 1.2% |
| First Republic Bank/CA | Financials | 1.2% |
| GXO Logistics Inc | Industrials | 1.1% |
| Trimble Inc | Information Technology | 1.1% |
| Edwards Lifesciences Corp | Health Care | 1.0% |
| Sysco Corp | Consumer Staples | 1.0% |
| Veeva Systems Inc | Health Care | 1.0% |
| Zoetis Inc | Health Care | 0.9% |
| Burlington Stores Inc | Consumer Discretionary | 0.9% |
| Church & Dwight Co Inc | Consumer Staples | 0.9% |
| Cooper Cos Inc/The | Health Care | 0.9% |
| Lam Research Corp | Information Technology | 0.9% |
| Planet Fitness Inc | Consumer Discretionary | 0.9% |
| Avery Dennison Corp | Materials | 0.9% |
| Trade Desk Inc/The | Information Technology | 0.9% |
| Microchip Technology Inc | Information Technology | 0.8% |
| Genmab A/S | Health Care | 0.8% |
| Match Group Inc | Communication Services | 0.8% |
| Bill.com Holdings Inc | Information Technology | 0.8% |
| Bumble Inc | Communication Services | 0.8% |
| NXP Semiconductors NV | Information Technology | 0.8% |
| Azenta Inc | Health Care | 0.8% |
| Roku Inc | Communication Services | 0.7% |
| Five Below Inc | Consumer Discretionary | 0.7% |
| Bio-Rad Laboratories Inc | Health Care | 0.6% |
| McCormick & Co Inc/MD | Consumer Staples | 0.6% |
| Goosehead Insurance Inc | Financials | 0.6% |
| Moody's Corp | Financials | 0.6% |
| Shiseido Co Ltd | Consumer Staples | 0.6% |
| Stanley Black & Decker Inc | Industrials | 0.6% |
| Inspire Medical Systems Inc | Health Care | 0.6% |
| Warner Music Group Corp | Communication Services | 0.6% |
| Mirati Therapeutics Inc | Health Care | 0.4% |
| IDEXX Laboratories Inc | Health Care | 0.3% |
| Twitter Inc | Communication Services | 0.3% |
| Qualtrics International Inc | Information Technology | 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 08/31/2022
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
1.3%
|
|
| Real Estate |
0.4%
|
|
| Utilities | 0.0% | |
| Consumer Discretionary |
 0.3%
|
|
| Consumer Staples |
0.4%
|
|
| Energy |
0.4%
|
|
| Financials |
0.1%
|
|
| Health Care |
0.9%
|
|
| Industrials |
0.1%
|
|
| Information Technology |
3.4%
|
|
| Materials |
0.8%
|
PORTFOLIO DETAILS as of 08/31/2022
- Total Net Assets
- $679.32 M
- Number of Holdings
- 78
- Weighted Average Market Cap.
- 30.1 B
- P/B Ratio
- 6.6x
- P/E Ratio
- 32.0x
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 06/30/2022
Contributors
| Holding | Contribution |
|---|---|
| Seagen Inc | 0.3% |
| Argenx Se | 0.2% |
| Brown-Forman Corp. | 0.1% |
| Sysco Corp. | 0.0% |
| Service Corp. International | 0.0% |
Detractors
| Holding | Contribution |
|---|---|
| DexCom Inc | -1.0% |
| Datadog Inc | -0.8% |
| Trade Desk Inc/The | -0.6% |
| Palo Alto Networks Inc | -0.6% |
| Crowdstrike Hldgs Inc | -0.6% |
% 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 08/31/2022
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 0.74% | 0.63% |
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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