Micro Cap Growth Fund
Daily price w/o sales charge as of 09/26/2023
$14.56
$0.13
YTD Returns w/o sales charge as of 09/26/2023
-7.61%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 08/31/2023
- Total Net Assets
- $215.09 M
- Inception Date
- 08/28/2020
- Dividend Frequency
- Annually
- Fund Gross Expense Ratio
- 2.16%
- Fund Net Expense Ratio
- 2.16%
- Number of Holdings
- 67
- Minimum Initial Investment
- $1,500+
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 08/01/2010 |
|---|
| w/o sales charge | 4.76% | 1.04% | 1.42% | 6.44% | 11.82% | 9.81% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.58% | 6.74% | 3.41% | 4.51% | 8.90% | - |
| Russell Microcap® Growth Index | 2.08% | -4.95% | -2.93% | -1.98% | 4.60% | - |
| w/ sales charge | 3.76% | 0.04% | 1.42% | 6.44% | 11.82% | 9.81% |
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 08/01/2010 |
|---|
| w/o sales charge | 9.52% | 20.45% | 8.09% | 9.46% | 13.03% | 10.09% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.71% | 15.09% | 7.37% | 6.31% | 9.50% | - |
| Russell Microcap® Growth Index | 7.16% | 12.41% | 1.45% | 0.32% | 5.83% | - |
| w/ sales charge | 8.52% | 19.45% | 8.09% | 9.46% | 13.03% | 10.09% |
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
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.
TEN LARGEST HOLDINGS as of 08/31/2023View Portfolio
| Holding | Assets |
|---|---|
| Remitly Global Inc | 3.7% |
| RxSight Inc | 3.0% |
| Aehr Test Systems | 2.9% |
| Flywire Corp | 2.8% |
| elf Beauty Inc | 2.7% |
| Ventyx Biosciences Inc | 2.4% |
| Sterling Infrastructure Inc | 2.4% |
| Kura Sushi USA Inc | 2.4% |
| Xenon Pharmaceuticals Inc | 2.4% |
| OSI Systems Inc | 2.3% |
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.
Sector Allocationas of 08/31/2023View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Utilities | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
INVESTMENT TEAM
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Performance
Performance
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 08/01/2010 |
|---|
| w/o sales charge | 4.76% | 1.04% | 1.42% | 6.44% | 11.82% | 9.81% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.58% | 6.74% | 3.41% | 4.51% | 8.90% | - |
| Russell Microcap® Growth Index | 2.08% | -4.95% | -2.93% | -1.98% | 4.60% | - |
| w/ sales charge | 3.76% | 0.04% | 1.42% | 6.44% | 11.82% | 9.81% |
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 08/01/2010 |
|---|
| w/o sales charge | 9.52% | 20.45% | 8.09% | 9.46% | 13.03% | 10.09% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.71% | 15.09% | 7.37% | 6.31% | 9.50% | - |
| Russell Microcap® Growth Index | 7.16% | 12.41% | 1.45% | 0.32% | 5.83% | - |
| w/ sales charge | 8.52% | 19.45% | 8.09% | 9.46% | 13.03% | 10.09% |
Fund Expense Ratio :
Gross 2.16%
Net 2.16%
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 |
|---|
| 2022 | -29.80% | -29.76% |
| 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% | - |
| 2011 | -6.61% | - |
| 2010 | 7.21% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2023 | 5.33% | 3.98% | - | - | -7.61% |
| 2022 | -17.42% | -22.71% | 8.03% | 1.81% | -29.80% |
| 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
| Holding | Sector | Assets |
|---|
| Remitly Global Inc | Financials | 3.7% |
| RxSight Inc | Health Care | 3.0% |
| Aehr Test Systems | Information Technology | 2.9% |
| Flywire Corp | Financials | 2.8% |
| elf Beauty Inc | Consumer Staples | 2.7% |
| Ventyx Biosciences Inc | Health Care | 2.4% |
| Sterling Infrastructure Inc | Industrials | 2.4% |
| Kura Sushi USA Inc | Consumer Discretionary | 2.4% |
| Xenon Pharmaceuticals Inc | Health Care | 2.4% |
| OSI Systems Inc | Information Technology | 2.3% |
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.
| Holding | Sector | Assets |
|---|
| Rambus Inc | Information Technology | 3.8% |
| TransMedics Group Inc | Health Care | 3.3% |
| RxSight Inc | Health Care | 3.1% |
| Remitly Global Inc | Financials | 2.8% |
| Aehr Test Systems | Information Technology | 2.7% |
| Integral Ad Science Holding Corp | Communication Services | 2.6% |
| elf Beauty Inc | Consumer Staples | 2.5% |
| Napco Security Technologies Inc | Information Technology | 2.5% |
| Flywire Corp | Financials | 2.5% |
| AvidXchange Holdings Inc | Financials | 2.4% |
| Kura Sushi USA Inc | Consumer Discretionary | 2.4% |
| Ventyx Biosciences Inc | Health Care | 2.3% |
| Shake Shack Inc | Consumer Discretionary | 2.2% |
| Krystal Biotech Inc | Health Care | 2.0% |
| Pacific Biosciences of California Inc | Health Care | 2.0% |
| JFrog Ltd | Information Technology | 2.0% |
| Xenon Pharmaceuticals Inc | Health Care | 2.0% |
| Zuora Inc | Information Technology | 2.0% |
| Yext Inc | Information Technology | 1.9% |
| Arcellx Inc | Health Care | 1.8% |
| OSI Systems Inc | Information Technology | 1.7% |
| MoonLake Immunotherapeutics | Health Care | 1.7% |
| 89bio Inc | Health Care | 1.7% |
| ImmunoGen Inc | Health Care | 1.7% |
| Zeta Global Holdings Corp | Information Technology | 1.6% |
| indie Semiconductor Inc | Information Technology | 1.6% |
| Sterling Infrastructure Inc | Industrials | 1.5% |
| MYR Group Inc | Industrials | 1.5% |
| ICF International Inc | Industrials | 1.5% |
| Heritage-Crystal Clean Inc | Industrials | 1.4% |
| Vita Coco Co Inc/The | Consumer Staples | 1.4% |
| Phreesia Inc | Health Care | 1.4% |
| Tecnoglass Inc | Industrials | 1.3% |
| Modine Manufacturing Co | Consumer Discretionary | 1.3% |
| AAR Corp | Industrials | 1.3% |
| Verra Mobility Corp | Industrials | 1.3% |
| Cerence Inc | Information Technology | 1.3% |
| Karuna Therapeutics Inc | Health Care | 1.2% |
| Treace Medical Concepts Inc | Health Care | 1.1% |
| Perion Network Ltd | Communication Services | 1.1% |
| Immatics NV | Health Care | 1.0% |
| Morphic Holding Inc | Health Care | 1.0% |
| Magnite Inc | Consumer Discretionary | 1.0% |
| Green Brick Partners Inc | Consumer Discretionary | 1.0% |
| First Watch Restaurant Group Inc | Consumer Discretionary | 1.0% |
| Replimune Group Inc | Health Care | 0.9% |
| AeroVironment Inc | Industrials | 0.8% |
| Olink Holding AB | Health Care | 0.8% |
| Gogo Inc | Communication Services | 0.8% |
| Weave Communications Inc | Information Technology | 0.8% |
| Lantheus Holdings Inc | Health Care | 0.8% |
| Vital Farms Inc | Consumer Staples | 0.8% |
| European Wax Center Inc | Consumer Discretionary | 0.7% |
| Intra-Cellular Therapies Inc | Health Care | 0.7% |
| Clear Secure Inc | Information Technology | 0.7% |
| CVRx Inc | Health Care | 0.7% |
| Revance Therapeutics Inc | Health Care | 0.7% |
| Chefs' Warehouse Inc/The | Consumer Staples | 0.5% |
| Agilysys Inc | Information Technology | 0.5% |
| Olo Inc | Information Technology | 0.5% |
| Syndax Pharmaceuticals Inc | Health Care | 0.5% |
| Piper Sandler Cos | Financials | 0.5% |
| Aclaris Therapeutics Inc | Health Care | 0.5% |
| Hayward Holdings Inc | Industrials | 0.5% |
| Sweetgreen Inc | Consumer Discretionary | 0.5% |
| Calix Inc | Information Technology | 0.5% |
| Viking Therapeutics Inc | Health Care | 0.4% |
| Redfin Corp | Real Estate | 0.4% |
| Vivid Seats Inc | Communication Services | 0.4% |
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 08/31/2023
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
2.3%
|
|
| Real Estate | 0.0% | |
| Utilities | 0.0% | |
| Consumer Discretionary |
 3.2%
|
|
| Consumer Staples |
2.3%
|
|
| Energy | 0.0% | |
| Financials |
1.9%
|
|
| Health Care |
7.4%
|
|
| Industrials |
6.4%
|
|
| Information Technology |
3.2%
|
|
| Materials | 0.0% |
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 |
|---|---|---|
| 11/20/2023 | 11/21/2023 | 11/21/2023 |
Capital Gains Distributions
| 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.
Fees & Expenses
Fees & Expenses
Expense Ratioas of 08/31/2023
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 2.16% | 2.16% |
Fund Documents
Fund Documents
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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 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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