Micro Cap Growth Fund Class A - LAMGX | Lord Abbett

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Check Out Go Literature Center

 

Micro Cap Growth Fund

Track this Fund
Add to Hypo Tool

Daily price w/o sales charge as of 09/30/2022

$15.48

arrowUp$0.02

YTD Returns w/o sales charge as of 09/30/2022

-31.05%

Please click here for performance current to the most recent quarter-end and month-end.

 

The Micro Cap Growth Fund will close to new investors as of March 19, 2021.

Click here to view all legal text including risk information

Summary

Summary

What is the Micro Cap Growth Fund?

The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of micro and small-sized U.S. companies.

Fund Basics

Total Net Assets
-
Inception Date
08/28/2020
Dividend Frequency
Annually
Fund Expense Ratio
2.12%
Number of Holdings
-
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

2.12%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -31.05% -29.86% 14.24% 12.00% 15.00% -
Lipper Category Avg. Small-Cap Growth Funds - - - - - -
Russell Microcap® Growth Index - - - - - -
w/ sales charge -31.74% -30.56% 14.24% 12.00% 15.00% -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

2.12%

Fund Expense Ratio :

2.12%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -31.05% -29.86% 14.24% 12.00% 15.00% -
Lipper Category Avg. Small-Cap Growth Funds - - - - - -
Russell Microcap® Growth Index - - - - - -
w/ sales charge -31.74% -30.56% 14.24% 12.00% 15.00% -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

2.12%

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.

INVESTMENT TEAM

F. Thomas O'Halloran
F. Thomas O'Halloran, CFA, J.D.

Partner & Portfolio Manager

35 Years of Industry Experience

Matthew R. DeCicco
Matthew R. DeCicco, CFA

Partner & Director of Equities

21 Years of Industry Experience

Vernon Bice
Vernon Bice, CMT

Portfolio Manager

21 Years of Industry Experience

Steven H. Wortman
Steven H. Wortman

Portfolio Manager

24 Years of Industry Experience

Supported By 8 Investment Professionals with 19 Years Avg. Industry Experience

Your Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

2.12%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -31.05% -29.86% 14.24% 12.00% 15.00% -
Lipper Category Avg. Small-Cap Growth Funds - - - - - -
Russell Microcap® Growth Index - - - - - -
w/ sales charge -31.74% -30.56% 14.24% 12.00% 15.00% -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

2.12%

Fund Expense Ratio :

2.12%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -31.05% -29.86% 14.24% 12.00% 15.00% -
Lipper Category Avg. Small-Cap Growth Funds - - - - - -
Russell Microcap® Growth Index - - - - - -
w/ sales charge -31.74% -30.56% 14.24% 12.00% 15.00% -

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

2.12%

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 Microcap® Growth Index
2021 2.75% 0.88%
2020 77.90% 40.13%
2019 33.23% 23.33%
2018 1.83% -14.18%
2017 37.02% 16.65%
2016 1.04% 6.86%
2015 -7.32% -3.85%
2014 9.74% 4.30%
2013 76.86% 52.84%
2012 1.59% 15.17%
2011 -6.61% -
2010 7.21% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2022 -17.42% -22.71% 8.03% - -31.05%
2021 12.08% -0.29% -9.62% 1.72% 2.75%
2020 -24.47% 47.31% 17.25% 36.36% 77.90%
2019 22.33% 7.20% -14.11% 18.30% 33.23%
2018 5.07% 15.49% 9.76% -23.55% 1.83%
2017 8.70% 7.90% 13.35% 3.06% 37.02%
2016 -13.88% 5.67% 14.28% -2.86% 1.04%
2015 7.07% 3.87% -16.51% -0.19% -7.32%
2014 7.62% -6.73% -6.83% 17.34% 9.74%
2013 21.51% 14.77% 17.00% 8.39% 76.86%
2012 17.46% -9.89% 1.07% -5.03% 1.59%
2011 4.58% -0.03% -22.09% 14.64% -6.61%
2010 - - - 19.34% 7.21%

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

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
11/21/2022 11/22/2022 11/22/2022

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
11/23/2020 11/24/2020 $2.8043 $2.2741 $5.0784 $18.85
*

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
11/21/2022 11/22/2022

Fees & Expenses

Fees & Expenses

Expense Ratioas of 08/31/2022

2.12%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
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

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
 Quantity
Quantity
 Remove
Remove
+

Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

 

IMPORTANT INFORMATION

 

A Note about Risk: The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies, including market, liquidity, currency, and political risks. Micro cap company stocks tend to be more volatile and may be less liquid than other types of stocks. Micro cap companies may also have more limited product lines, markets, or financial resources and typically experience a higher risk of failure than larger companies. Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general. The Fund engages in active and frequent trading of its securities, which may result in increased transaction fees, reduced investment performance, and higher taxes. These factors can adversely affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

Class C - The inception date for Class C Shares is August 31, 2020. The performance quotations for Class C are based on the following methods of calculation: (a) for periods prior to August 31, 2020, a restated figure is used based on the Fund's Class I performance, adjusted to reflect the fees and expenses of Class C Shares ; and (b) for periods after August 31, 2020, actual Class C performance is used reflecting all charges and fees applicable to Class C shares.

Class C - Class C shares are subject to ongoing 12b-1 service and distribution fees as well as a maximum CDSC of 1 percent if you redeem your shares before the first anniversary of your original purchase.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Russell Microcap® Growth Index measures the performance of those Russell Microcap companies with higher price-to-book ratios and higher forecasted growth values.

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field