Micro Cap Growth Fund
Daily price w/o sales charge as of 01/26/2022
$14.69
$0.20
YTD Returns w/o sales charge as of 01/26/2022
-20.68%
Overall Morningstar RatingsSmall Growth
as of 12/31/2021
Morningstar rated the Lord Abbett Micro Cap Growth Fund class A share 4, 5 and 5 stars among 580, 513 and 385 Small Growth Funds for the overall rating and the 3, 5 and 10 year periods ended 12/31/2021, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 12/31/2021
- Total Net Assets
- $372.69 M
- Inception Date
- 05/01/2000
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 1.33%
- Number of Holdings
- 83
- Minimum Initial Investment
- $1,500+
Fund Expense Ratio :
1.33%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 3.46% | 3.46% | 35.69% | 28.86% | 21.27% | 12.04% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.32% | 11.32% | 24.93% | 17.46% | 14.91% | - |
| Russell Microcap® Growth Index | 0.88% | 0.88% | 20.36% | 11.78% | 12.65% | - |
| w/ sales charge | -2.47% | -2.47% | 33.03% | 27.35% | 20.55% | 11.73% |
Fund Expense Ratio :
1.33%
Fund Expense Ratio :
1.33%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 3.46% | 3.46% | 35.69% | 28.86% | 21.27% | 12.04% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.32% | 11.32% | 24.93% | 17.46% | 14.91% | - |
| Russell Microcap® Growth Index | 0.88% | 0.88% | 20.36% | 11.78% | 12.65% | - |
| w/ sales charge | -2.47% | -2.47% | 33.03% | 27.35% | 20.55% | 11.73% |
Fund Expense Ratio :
1.33%
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.
TEN LARGEST HOLDINGS as of 12/31/2021View Portfolio
| Holding | Assets |
|---|---|
| Calix Inc | 4.0% |
| Shyft Group Inc/The | 2.7% |
| Intra-Cellular Therapies Inc | 2.4% |
| Ameresco Inc | 2.2% |
| Impinj Inc | 2.2% |
| Rambus Inc | 2.1% |
| Sprout Social Inc | 2.1% |
| Montrose Environmental Group Inc | 2.0% |
| Piper Sandler Cos | 2.0% |
| Zuora Inc | 2.0% |
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 12/31/2021View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Utilities | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
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Performance
Performance
Fund Expense Ratio :
1.33%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 3.46% | 3.46% | 35.69% | 28.86% | 21.27% | 12.04% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.32% | 11.32% | 24.93% | 17.46% | 14.91% | - |
| Russell Microcap® Growth Index | 0.88% | 0.88% | 20.36% | 11.78% | 12.65% | - |
| w/ sales charge | -2.47% | -2.47% | 33.03% | 27.35% | 20.55% | 11.73% |
Fund Expense Ratio :
1.33%
Fund Expense Ratio :
1.33%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 3.46% | 3.46% | 35.69% | 28.86% | 21.27% | 12.04% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.32% | 11.32% | 24.93% | 17.46% | 14.91% | - |
| Russell Microcap® Growth Index | 0.88% | 0.88% | 20.36% | 11.78% | 12.65% | - |
| w/ sales charge | -2.47% | -2.47% | 33.03% | 27.35% | 20.55% | 11.73% |
Fund Expense Ratio :
1.33%
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 Microcap® Growth Index |
|---|
| 2021 | 3.46% | 0.88% |
| 2020 | 79.42% | 40.13% |
| 2019 | 34.57% | 23.33% |
| 2018 | 2.74% | -14.18% |
| 2017 | 38.43% | 16.65% |
| 2016 | 2.07% | 6.86% |
| 2015 | -6.38% | -3.85% |
| 2014 | 10.83% | 4.30% |
| 2013 | 78.53% | 52.84% |
| 2012 | 2.35% | 15.17% |
| 2011 | -5.87% | - |
| 2010 | 33.77% | - |
| 2009 | 52.61% | - |
| 2008 | -46.45% | - |
| 2007 | 22.76% | - |
| 2006 | 25.37% | - |
| 2005 | 2.55% | - |
| 2004 | 25.89% | - |
| 2003 | 49.34% | - |
| 2002 | -30.97% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2022 | - | - | - | - | -20.68% |
| 2021 | 12.29% | -0.15% | -9.42% | 1.87% | 3.46% |
| 2020 | -24.28% | 47.61% | 17.48% | 36.65% | 79.42% |
| 2019 | 22.67% | 7.47% | -13.91% | 18.57% | 34.57% |
| 2018 | 5.24% | 15.77% | 10.08% | -23.39% | 2.74% |
| 2017 | 9.00% | 8.12% | 13.61% | 3.39% | 38.43% |
| 2016 | -13.70% | 6.01% | 14.49% | -2.55% | 2.07% |
| 2015 | 7.33% | 4.15% | -16.30% | 0.06% | -6.38% |
| 2014 | 7.92% | -6.53% | -6.55% | 17.58% | 10.83% |
| 2013 | 21.83% | 15.00% | 17.29% | 8.65% | 78.53% |
| 2012 | 17.67% | -9.76% | 1.32% | -4.87% | 2.35% |
| 2011 | 4.82% | 0.11% | -21.90% | 14.86% | -5.87% |
| 2010 | 6.60% | -8.74% | 15.08% | 19.49% | 33.77% |
| 2009 | -0.95% | 31.46% | 13.47% | 3.29% | 52.61% |
| 2008 | -23.22% | 4.46% | -5.93% | -29.02% | -46.45% |
| 2007 | 5.64% | 9.81% | 4.01% | 1.76% | 22.76% |
| 2006 | 17.15% | -9.83% | 1.22% | 17.25% | 25.37% |
| 2005 | -9.50% | 5.88% | 6.91% | 0.10% | 2.55% |
| 2004 | 12.33% | 1.65% | -11.11% | 24.03% | 25.89% |
| 2003 | -3.55% | 27.29% | 11.68% | 8.93% | 49.34% |
| 2002 | -0.18% | -12.74% | -21.79% | 1.33% | -30.97% |
| 2001 | 2.34% | 12.03% | -21.11% | 29.32% | 16.96% |
| 2000 | - | - | -4.83% | -19.30% | -30.76% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 07/31/2021
The chart begins on the Fund's inception date of 05/01/2000.
Based on a hypothetical Class A share investment of $10,000 on 05/01/2000 without sales charge and includes the reinvestment of all distributions.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Holding | Sector | Assets |
|---|
| Calix Inc | Information Technology | 4.0% |
| Shyft Group Inc/The | Industrials | 2.7% |
| Intra-Cellular Therapies Inc | Health Care | 2.4% |
| Ameresco Inc | Industrials | 2.2% |
| Impinj Inc | Information Technology | 2.2% |
| Rambus Inc | Information Technology | 2.1% |
| Sprout Social Inc | Information Technology | 2.1% |
| Montrose Environmental Group Inc | Industrials | 2.0% |
| Piper Sandler Cos | Financials | 2.0% |
| Zuora Inc | Information Technology | 2.0% |
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.
| Holding | Sector | Assets |
|---|
| Calix Inc | Information Technology | 3.7% |
| Shyft Group Inc/The | Industrials | 3.1% |
| Montrose Environmental Group Inc | Industrials | 2.7% |
| Sprout Social Inc | Information Technology | 2.6% |
| Ameresco Inc | Industrials | 2.5% |
| Rambus Inc | Information Technology | 2.0% |
| Piper Sandler Cos | Financials | 2.0% |
| Silvergate Capital Corp | Financials | 1.9% |
| Intra-Cellular Therapies Inc | Health Care | 1.9% |
| Impinj Inc | Information Technology | 1.9% |
| Kforce Inc | Industrials | 1.8% |
| Ichor Holdings Ltd | Information Technology | 1.8% |
| Citi Trends Inc | Consumer Discretionary | 1.8% |
| Lovesac Co/The | Consumer Discretionary | 1.7% |
| Atlas Air Worldwide Holdings Inc | Industrials | 1.7% |
| Ooma Inc | Communication Services | 1.7% |
| Krystal Biotech Inc | Health Care | 1.7% |
| Zuora Inc | Information Technology | 1.7% |
| OrthoPediatrics Corp | Health Care | 1.6% |
| Monarch Casino & Resort Inc | Consumer Discretionary | 1.6% |
| Container Store Group Inc/The | Consumer Discretionary | 1.5% |
| Criteo SA | Communication Services | 1.5% |
| Axonics Inc | Health Care | 1.5% |
| Karuna Therapeutics Inc | Health Care | 1.4% |
| CryoPort Inc | Health Care | 1.4% |
| Arteris Inc | Information Technology | 1.4% |
| Evoqua Water Technologies Corp | Industrials | 1.4% |
| AssetMark Financial Holdings Inc | Financials | 1.4% |
| Chart Industries Inc | Industrials | 1.3% |
| Gogo Inc | Communication Services | 1.3% |
| OSI Systems Inc | Information Technology | 1.3% |
| elf Beauty Inc | Consumer Staples | 1.3% |
| Bancorp Inc/The | Financials | 1.2% |
| Xenon Pharmaceuticals Inc | Health Care | 1.2% |
| Green Brick Partners Inc | Consumer Discretionary | 1.2% |
| CEVA Inc | Information Technology | 1.2% |
| Rush Enterprises Inc | Industrials | 1.2% |
| Domo Inc | Information Technology | 1.2% |
| Sleep Number Corp | Consumer Discretionary | 1.2% |
| Rigel Pharmaceuticals Inc | Health Care | 1.1% |
| Gentherm Inc | Consumer Discretionary | 1.1% |
| Cerence Inc | Information Technology | 1.1% |
| Codexis Inc | Health Care | 1.1% |
| Customers Bancorp Inc | Financials | 1.1% |
| Willdan Group Inc | Industrials | 1.1% |
| Health Catalyst Inc | Health Care | 1.0% |
| Sonos Inc | Consumer Discretionary | 1.0% |
| Agilysys Inc | Information Technology | 1.0% |
| Pulmonx Corp | Health Care | 1.0% |
| Outset Medical Inc | Health Care | 1.0% |
| Avid Technology Inc | Information Technology | 1.0% |
| Quanterix Corp | Health Care | 0.9% |
| Shockwave Medical Inc | Health Care | 0.9% |
| Central Garden & Pet Co | Consumer Staples | 0.9% |
| Grid Dynamics Holdings Inc | Information Technology | 0.8% |
| Children's Place Inc/The | Consumer Discretionary | 0.8% |
| PubMatic Inc | Consumer Discretionary | 0.8% |
| Myovant Sciences Ltd | Health Care | 0.8% |
| Eventbrite Inc | Communication Services | 0.7% |
| Kura Sushi USA Inc | Consumer Discretionary | 0.7% |
| BELLUS Health Inc | Health Care | 0.7% |
| Lindblad Expeditions Holdings Inc | Consumer Discretionary | 0.7% |
| GoPro Inc | Consumer Discretionary | 0.7% |
| Castle Biosciences Inc | Health Care | 0.6% |
| LGI Homes Inc | Consumer Discretionary | 0.6% |
| Rocket Pharmaceuticals Inc | Health Care | 0.6% |
| NanoString Technologies Inc | Health Care | 0.6% |
| Protagonist Therapeutics Inc | Health Care | 0.5% |
| Curis Inc | Health Care | 0.5% |
| Insmed Inc | Health Care | 0.5% |
| Beam Therapeutics Inc | Health Care | 0.5% |
| indie Semiconductor Inc | Information Technology | 0.5% |
| Blink Charging Co | Industrials | 0.5% |
| Merus NV | Health Care | 0.5% |
| Treace Medical Concepts Inc | Health Care | 0.5% |
| Syndax Pharmaceuticals Inc | Health Care | 0.4% |
| SI-BONE Inc | Health Care | 0.4% |
| Gossamer Bio Inc | Health Care | 0.4% |
| Pliant Therapeutics Inc | Health Care | 0.4% |
| NeuroPace Inc | Health Care | 0.3% |
| TG Therapeutics Inc | Health Care | 0.3% |
| Turning Point Therapeutics Inc | Health Care | 0.3% |
| Fulcrum Therapeutics 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.
Sector Allocationas of 12/31/2021
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
 0.4%
|
|
| Real Estate | 0.0% | |
| Utilities | 0.0% | |
| Consumer Discretionary |
0.4%
|
|
| Consumer Staples |
3.5%
|
|
| Energy | 0.0% | |
| Financials |
2.1%
|
|
| Health Care |
1.7%
|
|
| Industrials |
1.9%
|
|
| Information Technology |
0.1%
|
|
| Materials | 0.0% |
Portfolio Details as of 12/31/2021
- Total Net Assets
- $372.69 M
- Number of Holdings
- 83
- Weighted Average Market Cap.
- 2.3 B
- P/B Ratio
- 4.6x
- P/E Ratio
- 14.8x
To view definitions for the above Portfolio Details, Click here.
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.
P/E Ratio - Is the weighted average of each holding's P/E ratio (price of a stock divided by its earnings per share). The result is based upon a weighted average of the securities held in the fund.
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.
Contributors & Detractors as of 12/31/2021
Contributors
| Holding | Contribution |
|---|---|
| Calix Inc | 1.7% |
| Impinj Inc | 0.7% |
| Shyft Group Inc/The | 0.7% |
| Intra-Cellular Therapies Inc | 0.7% |
| Xenon Pharmaceuticals I | 0.7% |
Detractors
| Holding | Contribution |
|---|---|
| Sprout Social Inc | -0.7% |
| Domo Inc | -0.6% |
| Telos Corp Md | -0.5% |
| Cerence Inc | -0.4% |
| Rigel Pharmaceuticals Inc | -0.4% |
% 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
| Micro Cap Growth 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 the Fund's performance results for 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
Dividend Payments
- YTD Dividends Paidas of 01/26/2022
- $0
- Dividend Frequency
- Annually
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 11/20/2001 | 11/21/2001 | 11/21/2001 | $0.00740 | $10.09 |
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
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 11/23/2020 | 11/24/2020 | $2.8043 | $2.2741 | $5.0784 | $15.43 |
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
Sales Charge Schedule as of 01/26/2022
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $15.59 |
| $50,000 to $99,999 | 4.75% | 4.00% | $15.42 |
| $100,000 to $249,999 | 3.95% | 3.25% | $15.29 |
| $250,000 to $499,999 | 2.75% | 2.25% | $15.11 |
| $500,000 to $999,999 | 1.95% | 1.75% | $14.98 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $14.69 |
The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.
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 12/31/2021
| 1.33% |
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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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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