Growth Opportunities Fund
Daily price w/o sales charge as of 01/24/2020
$29.09
$0.26
YTD Returns w/o sales charge as of 01/24/2020
4.04%
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 12/31/2019
- Total Net Assets
- $854.12 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 0.85%
- Number of Holdings
- 92
Fund Expense Ratio :
0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| w/o sales charge | 37.24% | 37.24% | 17.94% | 11.40% | 12.45% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 34.02% | 34.02% | 16.91% | 11.13% | 13.13% | - |
| Russell Midcap® Growth Index | 35.47% | 35.47% | 17.36% | 11.60% | 14.24% | - |
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 | 37.24% | 37.24% | 17.94% | 11.40% | 12.45% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 34.02% | 34.02% | 16.91% | 11.13% | 13.13% | - |
| Russell Midcap® Growth Index | 35.47% | 35.47% | 17.36% | 11.60% | 14.24% | - |
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 12/31/2019View Portfolio
| Holding | Assets |
|---|---|
| Global Payments, Inc. | 3.8% |
| Fidelity National Information Services, Inc. | 3.4% |
| RingCentral, Inc. | 2.4% |
| TransDigm Group, Inc. | 2.4% |
| O'Reilly Automotive, Inc. | 2.3% |
| Dollar General Corp. | 2.3% |
| Burlington Stores, Inc. | 2.1% |
| SBA Communications Corp. | 2.0% |
| Centene Corp. | 2.0% |
| Splunk, 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 12/31/2019View 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 | 37.24% | 37.24% | 17.94% | 11.40% | 12.45% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 34.02% | 34.02% | 16.91% | 11.13% | 13.13% | - |
| Russell Midcap® Growth Index | 35.47% | 35.47% | 17.36% | 11.60% | 14.24% | - |
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 | 37.24% | 37.24% | 17.94% | 11.40% | 12.45% | - |
| Lipper Category Avg. Mid-Cap Growth Funds | 34.02% | 34.02% | 16.91% | 11.13% | 13.13% | - |
| Russell Midcap® Growth Index | 35.47% | 35.47% | 17.36% | 11.60% | 14.24% | - |
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 |
|---|
| 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% | -1.65% |
| 2010 | 23.83% | 26.38% |
| 2009 | 46.23% | - |
| 2008 | -37.98% | - |
| 2007 | 21.67% | - |
| 2006 | - | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2020 | - | - | - | - | 4.04% |
| 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 |
|---|
| Global Payments, Inc. | Information Technology | 3.8% |
| Fidelity National Information Services, Inc. | Information Technology | 3.4% |
| RingCentral, Inc. | Information Technology | 2.4% |
| TransDigm Group, Inc. | Industrials | 2.4% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 2.3% |
| Dollar General Corp. | Consumer Discretionary | 2.3% |
| Burlington Stores, Inc. | Consumer Discretionary | 2.1% |
| SBA Communications Corp. | Real Estate | 2.0% |
| Centene Corp. | Health Care | 2.0% |
| Splunk, 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 |
|---|
| Global Payments, Inc. | Information Technology | 3.8% |
| Fidelity National Information Services, Inc. | Information Technology | 3.4% |
| RingCentral, Inc. | Information Technology | 2.5% |
| O'Reilly Automotive, Inc. | Consumer Discretionary | 2.4% |
| Dollar General Corp. | Consumer Discretionary | 2.3% |
| TransDigm Group, Inc. | Industrials | 2.3% |
| Burlington Stores, Inc. | Consumer Discretionary | 2.1% |
| SBA Communications Corp. | Real Estate | 2.0% |
| Centene Corp. | Health Care | 1.9% |
| FleetCor Technologies, Inc. | Information Technology | 1.9% |
| Splunk, Inc. | Information Technology | 1.8% |
| Harris Corp. | Industrials | 1.8% |
| ARAMARK Holdings Corp. | Consumer Discretionary | 1.7% |
| CoStar Group, Inc. | Industrials | 1.7% |
| AMETEK, Inc. | Industrials | 1.6% |
| Lam Research Corp. | Information Technology | 1.6% |
| IAC/InterActiveCorp. | Communication Services | 1.5% |
| ServiceNow, Inc. | Information Technology | 1.5% |
| Vulcan Materials Co. | Materials | 1.5% |
| Palo Alto Networks, Inc. | Information Technology | 1.4% |
| Brown-Forman Corp. | Consumer Staples | 1.4% |
| Align Technology, Inc. | Health Care | 1.4% |
| Zoetis, Inc. | Health Care | 1.4% |
| Teleflex, Inc. | Health Care | 1.4% |
| Stanley Black & Decker, Inc. | Industrials | 1.3% |
| Genpact Ltd. | Information Technology | 1.3% |
| Church & Dwight Co., Inc. | Consumer Staples | 1.3% |
| Analog Devices, Inc. | Information Technology | 1.3% |
| Hubbell, Inc. | Industrials | 1.3% |
| RenaissanceRe Holdings Ltd. | Financials | 1.2% |
| Advanced Micro Devices, Inc. | Information Technology | 1.2% |
| Dollar Tree, Inc. | Consumer Discretionary | 1.2% |
| Charles River Laboratories International, Inc. | Health Care | 1.2% |
| Euronet Worldwide, Inc. | Information Technology | 1.1% |
| Tractor Supply Co. | Consumer Discretionary | 1.1% |
| Allegion plc | Industrials | 1.1% |
| Chipotle Mexican Grill, Inc. | Consumer Discretionary | 1.1% |
| J.B. Hunt Transport Services, Inc. | Industrials | 1.1% |
| CAE Inc | Industrials | 1.1% |
| Fortive Corp. | Industrials | 1.1% |
| Roper Industries, Inc. | Industrials | 1.1% |
| Xilinx, Inc. | Information Technology | 1.1% |
| MSCI, Inc. | Financials | 1.1% |
| Keysight Technologies, Inc. | Information Technology | 1.0% |
| Avery Dennison Corp. | Materials | 1.0% |
| Carter's, Inc. | Consumer Discretionary | 1.0% |
| Neurocrine Biosciences, Inc. | Health Care | 1.0% |
| MarketAxess Holdings, Inc. | Financials | 0.9% |
| Service Corp. International | Consumer Discretionary | 0.9% |
| Cintas Corp. | Industrials | 0.9% |
| Vail Resorts, Inc. | Consumer Discretionary | 0.9% |
| Agilent Technologies, Inc. | Health Care | 0.9% |
| Wix.com Ltd. | Information Technology | 0.9% |
| Old Dominion Freight Line, Inc. | Industrials | 0.8% |
| Norwegian Cruise Line Holding Ltd. | Consumer Discretionary | 0.8% |
| Goosehead Insurance Inc | Financials | 0.8% |
| First Republic Bank/San Francisco CA | Financials | 0.8% |
| Trimble Navigation Ltd. | Information Technology | 0.7% |
| DexCom, Inc. | Health Care | 0.7% |
| Zendesk, Inc. | Information Technology | 0.7% |
| BioMarin Pharmaceutical, Inc. | Health Care | 0.7% |
| Healthcare Services Group | Industrials | 0.7% |
| Shiseido Co. Ltd. | Consumer Staples | 0.7% |
| New Relic, Inc. | Information Technology | 0.7% |
| Mettler-Toledo International, Inc. | Health Care | 0.7% |
| SLM Corp. | Financials | 0.6% |
| Twitter, Inc. | Communication Services | 0.6% |
| Twilio, Inc. | Information Technology | 0.6% |
| ABIOMED, Inc. | Health Care | 0.6% |
| Insulet Corp. | Health Care | 0.6% |
| Axis Capital Holdings Ltd. | Financials | 0.6% |
| Moody's Corp. | Financials | 0.6% |
| Expeditors International of Washington, Inc. | Industrials | 0.6% |
| Anaplan Inc | Information Technology | 0.5% |
| Natera, Inc. | Health Care | 0.5% |
| Cimarex Energy Co. | Energy | 0.5% |
| Marvell Technology Group Ltd. | Information Technology | 0.5% |
| Guardant Health Inc | Health Care | 0.5% |
| FMC Corp. | Materials | 0.5% |
| Illumina, Inc. | Health Care | 0.5% |
| Elanco Animal Health Inc | Health Care | 0.4% |
| Parsley Energy, Inc. | Energy | 0.4% |
| Saia, Inc. | Industrials | 0.4% |
| Sarepta Therapeutics, Inc. | Health Care | 0.4% |
| Amarin Corp. plc | Health Care | 0.4% |
| Edwards Lifesciences Corp. | Health Care | 0.4% |
| Ball Corp. | Materials | 0.4% |
| Slack Technologies Inc | Information Technology | 0.3% |
| Myovant Sciences Ltd | Health Care | 0.3% |
| 10X Genomics Inc | Health Care | 0.2% |
| Square, Inc. | Information Technology | 0.2% |
| Lyft Inc | Industrials | 0.1% |
| RealReal Inc/The | Consumer Discretionary | 0.0% |
| Datadog 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 12/31/2019
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
0.1%
|
|
| Real Estate |
0.1%
|
|
| Consumer Discretionary |
0.5%
|
|
| Consumer Staples |
0.3%
|
|
| Energy |
 0.1%
|
|
| Financials |
0.7%
|
|
| Health Care |
1.8%
|
|
| Industrials |
0.5%
|
|
| Information Technology |
1.4%
|
|
| Materials |
0.6%
|
PORTFOLIO DETAILS as of 12/31/2019
- Total Net Assets
- $854.12 M
- Number of Holdings
- 92
- Weighted Average Market Cap.
- 24.9 B
- P/B Ratio
- 5.2x
- P/E Ratio
- 31.3x
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 12/31/2019
Contributors
| Holding | Contribution |
|---|---|
| Centene Corp. | 0.6% |
| RingCentral, Inc. | 0.6% |
| Global Payments, Inc. | 0.5% |
| Advanced Micro Devices, Inc. | 0.5% |
| Align Technology, Inc. | 0.5% |
Detractors
| Holding | Contribution |
|---|---|
| Dollar Tree, Inc. | -0.3% |
| Twitter, Inc. | -0.2% |
| Goosehead Ins Inc | -0.1% |
| Harris Corp. | -0.1% |
| Church & Dwight Co., Inc. | -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 |
|---|---|---|
| 12/17/2020 | 12/18/2020 | 12/18/2020 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/17/2019 | 12/18/2019 | $1.3500 | - | $1.3500 | $27.60 |
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 |
|---|---|
| 12/17/2020 | 12/18/2020 |
Fees & Expenses
Fees & Expenses
EXPENSE RATIOas of 12/31/2019
| 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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