Health Care Fund
Daily price w/o sales charge as of 10/21/2024
$20.33
$0.24
YTD Returns w/o sales charge as of 10/21/2024
13.51%
Overall Morningstar RatingsHealth
as of 09/30/2024
Morningstar rated the Lord Abbett Health Care Fund class A share 3 and 4 stars among 158 and 146 Health Funds for the overall rating and the 3 and 5 year periods ended 9/30/2024, respectively.
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 09/30/2024
- Total Net Assets
- $8.76 M
- Inception Date
- 08/01/2019
- Dividend Frequency
- Monthly (Daily Accrual)
- Fund Gross Expense Ratio
- 3.53%
- Fund Net Expense Ratio
- 1.03%
- Number of Holdings
- 61
- Minimum Initial Investment
- $1,500+
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 12.84% | 22.86% | 1.52% | 11.99% | - | 10.01% |
Lipper Category Avg. Health/Biotechnology Funds | 11.42% | 22.06% | 1.27% | 10.36% | - | - |
MSCI ACWI Health Care Index (Net) | 14.08% | 20.84% | 5.78% | 11.23% | - | 10.79% |
w/ sales charge | 6.37% | 15.82% | -0.46% | 10.67% | - | 8.75% |
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 12.84% | 22.86% | 1.52% | 11.99% | - | 10.01% |
Lipper Category Avg. Health/Biotechnology Funds | 11.42% | 22.06% | 1.27% | 10.36% | - | - |
MSCI ACWI Health Care Index (Net) | 14.08% | 20.84% | 5.78% | 11.23% | - | 10.79% |
w/ sales charge | 6.37% | 15.82% | -0.46% | 10.67% | - | 8.75% |
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
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 3.53%
Net 1.03%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 12.84% | 22.86% | 1.52% | 11.99% | - | 10.01% |
Lipper Category Avg. Health/Biotechnology Funds | 11.42% | 22.06% | 1.27% | 10.36% | - | - |
MSCI ACWI Health Care Index (Net) | 14.08% | 20.84% | 5.78% | 11.23% | - | 10.79% |
w/ sales charge | 6.37% | 15.82% | -0.46% | 10.67% | - | 8.75% |
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2019 |
---|
w/o sales charge | 12.84% | 22.86% | 1.52% | 11.99% | - | 10.01% |
Lipper Category Avg. Health/Biotechnology Funds | 11.42% | 22.06% | 1.27% | 10.36% | - | - |
MSCI ACWI Health Care Index (Net) | 14.08% | 20.84% | 5.78% | 11.23% | - | 10.79% |
w/ sales charge | 6.37% | 15.82% | -0.46% | 10.67% | - | 8.75% |
Fund Expense Ratio :
Gross 3.53%
Net 1.03%
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.
NAV Historical Prices
Date | Net Asset Value |
---|
Portfolio
Portfolio
Holding | Sector | Assets |
---|
Eli Lilly & Co | Health Care | 8.6% |
Novo Nordisk A/S | Health Care | 5.8% |
Boston Scientific Corp | Health Care | 3.6% |
Intuitive Surgical Inc | Health Care | 3.4% |
Danaher Corp | Health Care | 3.3% |
Natera Inc | Health Care | 3.2% |
Thermo Fisher Scientific Inc | Health Care | 2.7% |
Argenx SE | Health Care | 2.5% |
Regeneron Pharmaceuticals Inc | Health Care | 2.3% |
PROCEPT BioRobotics Corp | 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 |
---|
Eli Lilly & Co | Health Care | 9.0% |
Novo Nordisk A/S | Health Care | 6.6% |
Intuitive Surgical Inc | Health Care | 3.3% |
Danaher Corp | Health Care | 3.1% |
Boston Scientific Corp | Health Care | 2.9% |
Natera Inc | Health Care | 2.9% |
Thermo Fisher Scientific Inc | Health Care | 2.5% |
Regeneron Pharmaceuticals Inc | Health Care | 2.5% |
AstraZeneca PLC | Health Care | 2.4% |
Daiichi Sankyo Co Ltd | Health Care | 2.3% |
Argenx SE | Health Care | 2.3% |
TransMedics Group Inc | Health Care | 2.2% |
PROCEPT BioRobotics Corp | Health Care | 2.1% |
Vertex Pharmaceuticals Inc | Health Care | 2.1% |
Glaukos Corp | Health Care | 2.0% |
UnitedHealth Group Inc | Health Care | 2.0% |
Cencora Inc | Health Care | 1.9% |
Stryker Corp | Health Care | 1.9% |
Arcellx Inc | Health Care | 1.8% |
Zealand Pharma A/S | Health Care | 1.8% |
Krystal Biotech Inc | Health Care | 1.7% |
Alcon Inc | Health Care | 1.7% |
Blueprint Medicines Corp | Health Care | 1.6% |
RxSight Inc | Health Care | 1.6% |
SpringWorks Therapeutics Inc | Health Care | 1.4% |
Merck & Co Inc | Health Care | 1.4% |
Crinetics Pharmaceuticals Inc | Health Care | 1.4% |
Longboard Pharmaceuticals Inc | Health Care | 1.4% |
Terumo Corp | Health Care | 1.3% |
Insmed Inc | Health Care | 1.2% |
Globus Medical Inc | Health Care | 1.1% |
Swedish Orphan Biovitrum AB | Health Care | 1.1% |
Xenon Pharmaceuticals Inc | Health Care | 1.1% |
Encompass Health Corp | Health Care | 1.1% |
Lonza Group AG | Health Care | 1.0% |
Gerresheimer AG | Health Care | 0.9% |
ADMA Biologics Inc | Health Care | 0.9% |
Nuvalent Inc | Health Care | 0.9% |
Vera Therapeutics Inc | Health Care | 0.8% |
Vaxcyte Inc | Health Care | 0.8% |
CareDx Inc | Health Care | 0.8% |
Mirum Pharmaceuticals Inc | Health Care | 0.8% |
Bridgebio Pharma Inc | Health Care | 0.8% |
Avidity Biosciences Inc | Health Care | 0.8% |
Agilent Technologies Inc | Health Care | 0.8% |
Doximity Inc | Health Care | 0.8% |
Cooper Cos Inc/The | Health Care | 0.8% |
Guardant Health Inc | Health Care | 0.8% |
Merus NV | Health Care | 0.7% |
Intra-Cellular Therapies Inc | Health Care | 0.7% |
Ascendis Pharma A/S | Health Care | 0.7% |
Tarsus Pharmaceuticals Inc | Health Care | 0.7% |
REVOLUTION Medicines Inc | Health Care | 0.7% |
Neurocrine Biosciences Inc | Health Care | 0.7% |
Dyne Therapeutics Inc | Health Care | 0.7% |
Lantheus Holdings Inc | Health Care | 0.6% |
Evolus Inc | Health Care | 0.5% |
Pharma Mar SA | Health Care | 0.5% |
Veracyte Inc | Health Care | 0.5% |
Bio-Techne Corp | Health Care | 0.5% |
Janux Therapeutics Inc | Health Care | 0.5% |
Immunome Inc | Health Care | 0.3% |
Twist Bioscience Corp | 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.
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 10/21/2024
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $50,000 | 5.75% | 5.00% | $21.57 |
$50,000 to $99,999 | 4.75% | 4.00% | $21.34 |
$100,000 to $249,999 | 3.95% | 3.25% | $21.17 |
$250,000 to $499,999 | 2.75% | 2.25% | $20.90 |
$500,000 to $999,999 | 1.95% | 1.75% | $20.73 |
$1,000,000 to $5,000,000 | 0.00% | 1.00% | $20.33 |
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
Expense Ratioas of 09/30/2024
Fund Gross Expense Ratio | 3.53% |
Fund Net Expense Ratio | 1.03% |
Adjusted Expense Ratio | - |
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 02/28/2025. 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
0Documents selected
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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 Financial Statements and Other Information *
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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