Health Care Fund
Daily price w/o sales charge as of 07/31/2020
$18.22
$0.15
YTD Returns w/o sales charge as of 07/31/2020
12.40%
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 companies within the health care sector.
Fund Basicsas of 06/30/2020
- Total Net Assets
- $4.15 M
- Inception Date
- 08/01/2019
- Dividend Frequency
- Monthly (Daily Accrual)
- Fund Gross Expense Ratio
- 8.85%
- Fund Net Expense Ratio
- 0.78%
- Number of Holdings
- 82
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
|---|
| w/o sales charge | 12.40% | 21.48% | - | - | - | 21.48% |
| Lipper Category Avg. Health/Biotechnology Funds | - | - | - | - | - | - |
| MSCI ACWI Health Care Index (Net) | - | - | - | - | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
|---|
| w/o sales charge | 7.77% | - | - | - | - | 16.48% |
| Lipper Category Avg. Health/Biotechnology Funds | 5.84% | - | - | - | - | - |
| MSCI ACWI Health Care Index (Net) | 2.19% | - | - | - | - | 15.91% |
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
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.
Returns with sales charge reflect a maximum sales charge of 5.75%
INVESTMENT TEAM
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Performance
Performance
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
|---|
| w/o sales charge | 12.40% | 21.48% | - | - | - | 21.48% |
| Lipper Category Avg. Health/Biotechnology Funds | - | - | - | - | - | - |
| MSCI ACWI Health Care Index (Net) | - | - | - | - | - | - |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
|---|
| w/o sales charge | 7.77% | - | - | - | - | 16.48% |
| Lipper Category Avg. Health/Biotechnology Funds | 5.84% | - | - | - | - | - |
| MSCI ACWI Health Care Index (Net) | 2.19% | - | - | - | - | 15.91% |
Fund Expense Ratio :
Gross 8.85%
Net 0.78%
| Year | Fund Returns | MSCI ACWI Health Care Index (Net) |
|---|
| 2019 | 8.07% | 22.67% |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2020 | -11.35% | 21.57% | - | - | 12.40% |
| 2019 | - | - | - | 16.29% | 8.07% |
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
Portfolio Details as of 06/30/2020
- Total Net Assets
- $4.15 M
- Number of Holdings
- 82
- Weighted Average Market Cap.
- 74.0 B
- P/B Ratio
- 5.8x
- P/E Ratio
- 26.6x
To view definitions for the above Portfolio Details, Click here.
| Holding | Sector | Assets |
|---|
| UnitedHealth Group, Inc. | Health Care | 3.9% |
| Vertex Pharmaceuticals, Inc. | Health Care | 3.4% |
| AstraZeneca plc | Health Care | 3.2% |
| Abbott Laboratories | Health Care | 3.1% |
| Novo Nordisk A/S | Health Care | 3.0% |
| Merck & Co., Inc. | Health Care | 2.9% |
| Danaher Corp. | Health Care | 2.8% |
| Roche Holding Ltd. AG | Health Care | 2.7% |
| Zoetis, Inc. | Health Care | 2.4% |
| Thermo Fisher Scientific, Inc. | Health Care | 2.2% |
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.
| Holding | Sector | Assets |
|---|
| UnitedHealth Group, Inc. | Health Care | 3.9% |
| Vertex Pharmaceuticals, Inc. | Health Care | 3.4% |
| AstraZeneca plc | Health Care | 3.2% |
| Abbott Laboratories | Health Care | 3.1% |
| Novo Nordisk A/S | Health Care | 3.0% |
| Merck & Co., Inc. | Health Care | 2.9% |
| Danaher Corp. | Health Care | 2.8% |
| Roche Holding Ltd. AG | Health Care | 2.7% |
| Zoetis, Inc. | Health Care | 2.4% |
| Thermo Fisher Scientific, Inc. | Health Care | 2.2% |
| Amgen, Inc. | Health Care | 2.2% |
| CVS Caremark Corp. | Health Care | 1.9% |
| Lonza Group AG | Health Care | 1.9% |
| Johnson & Johnson, Inc. | Health Care | 1.7% |
| Intuitive Surgical, Inc. | Health Care | 1.7% |
| Genmab A/S | Health Care | 1.7% |
| Immunomedics, Inc. | Health Care | 1.7% |
| DexCom, Inc. | Health Care | 1.6% |
| Boston Scientific Corp. | Health Care | 1.6% |
| Seattle Genetics, Inc. | Health Care | 1.6% |
| UCB SA | Health Care | 1.5% |
| Centene Corp. | Health Care | 1.4% |
| Bio-Rad Laboratories, Inc. | Health Care | 1.4% |
| Regeneron Pharmaceuticals, Inc. | Health Care | 1.3% |
| IDEXX Laboratories, Inc. | Health Care | 1.2% |
| Twist Bioscience Corp | Health Care | 1.2% |
| Sarepta Therapeutics, Inc. | Health Care | 1.2% |
| Edwards Lifesciences Corp. | Health Care | 1.2% |
| Align Technology, Inc. | Health Care | 1.2% |
| Argenx SE | Health Care | 1.1% |
| 10X Genomics Inc | Health Care | 1.1% |
| Sanofi | Health Care | 1.1% |
| Natera, Inc. | Health Care | 1.1% |
| Arena Pharmaceuticals, Inc. | Health Care | 1.0% |
| Repligen Corp. | Health Care | 1.0% |
| Insulet Corp. | Health Care | 1.0% |
| Anthem, Inc. | Health Care | 1.0% |
| Chewy Inc | Consumer Discretionary | 1.0% |
| Mirati Therapeutics, Inc. | Health Care | 1.0% |
| Nevro Corp. | Health Care | 0.9% |
| Turning Point Therapeutics Inc | Health Care | 0.9% |
| Alcon Inc | Health Care | 0.9% |
| Zimmer Biomet Holdings, Inc. | Health Care | 0.9% |
| Bridgebio Pharma Inc | Health Care | 0.8% |
| Iovance Biotherapeutics Inc | Health Care | 0.8% |
| ChemoCentryx Inc | Health Care | 0.8% |
| Karuna Therapeutics Inc | Health Care | 0.8% |
| Cooper Cos., Inc. | Health Care | 0.8% |
| Charles River Laboratories International, Inc. | Health Care | 0.8% |
| TG Therapeutics, Inc. | Health Care | 0.8% |
| Catalent Inc | Health Care | 0.8% |
| Constellation Pharmaceuticals Inc | Health Care | 0.8% |
| Blueprint Medicines Corp. | Health Care | 0.8% |
| Acceleron Pharma, Inc. | Health Care | 0.8% |
| Schrodinger Inc/United States | Health Care | 0.8% |
| Insmed, Inc. | Health Care | 0.7% |
| MyoKardia Inc | Health Care | 0.7% |
| Veeva Systems, Inc. | Health Care | 0.7% |
| Penumbra, Inc. | Health Care | 0.7% |
| Teladoc Health | Health Care | 0.7% |
| Axonics Modulation Technologies Inc | Health Care | 0.7% |
| Guardant Health Inc | Health Care | 0.7% |
| Adaptive Biotechnologies Corp | Health Care | 0.6% |
| Rocket Pharmaceuticals Inc | Health Care | 0.6% |
| Allogene Therapeutics Inc | Health Care | 0.5% |
| Tecan Group AG | Health Care | 0.5% |
| Silk Road Medical Inc | Health Care | 0.5% |
| Quanterix Corp | Health Care | 0.5% |
| GW Pharmaceuticals plc | Health Care | 0.5% |
| uniQure NV | Health Care | 0.5% |
| Teleflex, Inc. | Health Care | 0.5% |
| Codexis Inc | Health Care | 0.5% |
| Krystal Biotech Inc | Health Care | 0.5% |
| Morphosys AG | Health Care | 0.5% |
| Black Diamond Therapeutics Inc | Health Care | 0.4% |
| HealthEquity, Inc. | Health Care | 0.4% |
| NuVasive, Inc. | Health Care | 0.4% |
| PTC Therapeutics, Inc. | Health Care | 0.4% |
| Coherus Biosciences, Inc. | Health Care | 0.4% |
| Stoke Therapeutics Inc | Health Care | 0.4% |
| NextCure Inc | Health Care | 0.3% |
| Inari Medical Inc | Health Care | 0.3% |
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.
Attribution Analysis
| Health Care 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 International Core 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.
Contributors & Detractors as of 06/30/2020
Contributors
| Holding | Contribution |
|---|---|
| Immunomedics Inc | 0.8% |
| Genmab As | 0.8% |
| Vertex Pharmaceutica | 0.8% |
| Dexcom, Inc. | 0.8% |
| Seattle Genetics, Inc. | 0.7% |
Detractors
| Holding | Contribution |
|---|---|
| Constellation Pharmceti | -0.4% |
| Ehealth, Inc. | -0.3% |
| Nextcure Inc | -0.2% |
| Iovance Biotherapeutics | -0.2% |
| Myokardia Inc | -0.1% |
Fees & Expenses
Fees & Expenses
Expense Ratioas of 06/30/2020
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 8.85% | 0.78% |
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 02/28/2021. 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
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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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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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