Micro Cap Growth Fund
Daily price w/o sales charge as of 10/19/2018
$18.51
$0.50
YTD Returns w/o sales charge as of 10/19/2018
14.19%
Returns with sales charges reflect a maximum sales charge of 5.75%.
Summary
Summary
The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of micro and small-sized U.S. companies.
Fund Documents & Literature
Fund Expense Ratio :
1.65%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 34.11% | 38.66% | 23.77% | 16.40% | 17.23% | 10.35% |
| Lipper Category Avg. | - | - | - | - | - | - |
| w/ sales charge | 26.40% | 30.66% | 21.36% | 15.03% | 16.53% | 10.00% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.65%
Fund Expense Ratio :
1.65%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 34.11% | 38.66% | 23.77% | 16.40% | 17.23% | 10.35% |
| Lipper Category Avg. | - | - | - | - | - | - |
| w/ sales charge | 26.40% | 30.66% | 21.36% | 15.03% | 16.53% | 10.00% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.65%
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 of future results.
Fund Basics as of 09/28/2018
- Inception Date
- 05/01/2000
- Dividend Frequency
- Annually
- Total Net Assets
- $176.34 M
- Number of Holdings
- 76
Investment Team
Performance
Performance
Documents and Literature
Fund Expense Ratio :
1.65%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 34.11% | 38.66% | 23.77% | 16.40% | 17.23% | 10.35% |
| Lipper Category Avg. | - | - | - | - | - | - |
| w/ sales charge | 26.40% | 30.66% | 21.36% | 15.03% | 16.53% | 10.00% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.65%
Fund Expense Ratio :
1.65%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 05/01/2000 |
|---|
| w/o sales charge | 34.11% | 38.66% | 23.77% | 16.40% | 17.23% | 10.35% |
| Lipper Category Avg. | - | - | - | - | - | - |
| w/ sales charge | 26.40% | 30.66% | 21.36% | 15.03% | 16.53% | 10.00% |
Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.
Fund Expense Ratio :
1.65%
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 of future results.
| Year | Fund Returns |
|---|
| 2017 | 38.43% |
| 2016 | 2.07% |
| 2015 | -6.38% |
| 2014 | 10.83% |
| 2013 | 78.53% |
| 2012 | 2.35% |
| 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% |
| 2001 | 16.96% |
| 2000 | -30.76% |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2018 | 5.24% | 15.77% | 10.08% | - | 14.19% |
| 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 09/30/2018
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 |
|---|
| Everbridge, Inc. | Information Technology | 3.2% |
| Malibu Boats, Inc. | Consumer Discretionary | 3.1% |
| Tactile Systems Technology, Inc. | Health Care | 3.1% |
| NV5 Global, Inc. | Industrials | 2.9% |
| iRhythm Technologies, Inc. | Health Care | 2.8% |
| Tandem Diabetes Care, Inc. | Health Care | 2.7% |
| Myovant Sciences Ltd | Health Care | 2.4% |
| Aerovironment, Inc. | Industrials | 2.3% |
| Talend SA | Information Technology | 2.1% |
| SendGrid 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 |
|---|
| Everbridge, Inc. | Information Technology | 3.5% |
| NV5 Global, Inc. | Industrials | 3.3% |
| Tactile Systems Technology, Inc. | Health Care | 3.1% |
| Tandem Diabetes Care, Inc. | Health Care | 3.0% |
| Malibu Boats, Inc. | Consumer Discretionary | 2.8% |
| iRhythm Technologies, Inc. | Health Care | 2.7% |
| Myovant Sciences Ltd | Health Care | 2.1% |
| Five9, Inc. | Information Technology | 2.0% |
| Glaukos Corp. | Health Care | 2.0% |
| SendGrid Inc | Information Technology | 2.0% |
| Talend SA | Information Technology | 1.8% |
| Sientra, Inc. | Health Care | 1.8% |
| Deciphera Pharmaceuticals Inc | Health Care | 1.8% |
| Aerovironment, Inc. | Industrials | 1.8% |
| Trupanion Inc | Financials | 1.8% |
| Audentes Therapeutics Inc | Health Care | 1.8% |
| Apptio, Inc. | Information Technology | 1.7% |
| MyoKardia Inc | Health Care | 1.7% |
| Appian Corp | Information Technology | 1.7% |
| Mirati Therapeutics, Inc. | Health Care | 1.6% |
| Echo Global Logistics, Inc. | Industrials | 1.6% |
| Care.com Inc | Information Technology | 1.6% |
| Comtech Telecommunications Corp. | Information Technology | 1.6% |
| Chefs' Warehouse, Inc. | Consumer Staples | 1.5% |
| PetIQ Inc | Health Care | 1.5% |
| Neuronetics Inc | Health Care | 1.5% |
| Inspire Medical Systems Inc | Health Care | 1.5% |
| At Home Group Inc | Consumer Discretionary | 1.4% |
| Rocket Pharmaceuticals Inc | Health Care | 1.4% |
| Solaris Oilfield Infrastructure Inc | Energy | 1.4% |
| Alteryx Inc | Information Technology | 1.4% |
| CenterState Banks, Inc. | Financials | 1.4% |
| Denali Therapeutics Inc | Health Care | 1.4% |
| MGP Ingredients, Inc. | Consumer Staples | 1.4% |
| Live Oak Bancshares, Inc. | Financials | 1.3% |
| CareDx Inc | Health Care | 1.3% |
| Appfolio, Inc. | Information Technology | 1.2% |
| Upland Software Inc | Information Technology | 1.2% |
| LGI Homes, Inc. | Consumer Discretionary | 1.2% |
| Goosehead Insurance Inc | Financials | 1.2% |
| Carbonite, Inc. | Information Technology | 1.2% |
| 8x8, Inc. | Information Technology | 1.2% |
| Byline Bancorp Inc | Financials | 1.2% |
| Control4 Corp. | Information Technology | 1.1% |
| Aquantia Corp | Information Technology | 1.0% |
| Gaiam, Inc. | Consumer Discretionary | 1.0% |
| Bryn Mawr Bank Corp. | Financials | 0.9% |
| Endava PLC | Information Technology | 0.9% |
| Mimecast Ltd. | Information Technology | 0.9% |
| Xencor, Inc. | Health Care | 0.9% |
| Dynamic Materials Corp. | Industrials | 0.9% |
| Vishay Precision Group, Inc. | Information Technology | 0.9% |
| Hamilton Lane Inc | Financials | 0.8% |
| Repligen Corp. | Health Care | 0.8% |
| EverQuote Inc | Information Technology | 0.8% |
| Kornit Digital Ltd. | Industrials | 0.8% |
| Acceleron Pharma, Inc. | Health Care | 0.7% |
| Homology Medicines Inc | Health Care | 0.7% |
| Universal Stainless & Alloy Products, Inc. | Materials | 0.7% |
| Air Transport Services Group, Inc. | Industrials | 0.7% |
| Heritage Commerce Corp. | Financials | 0.6% |
| Arena Pharmaceuticals, Inc. | Health Care | 0.6% |
| Lovesac Co/The | Consumer Discretionary | 0.6% |
| Ascendis Pharma A/S | Health Care | 0.6% |
| Bridge Bancorp, Inc. | Financials | 0.6% |
| Surface Oncology Inc | Health Care | 0.5% |
| Quantenna Communications Inc | Information Technology | 0.5% |
| Arcus Biosciences Inc | Health Care | 0.5% |
| AxoGen Inc | Health Care | 0.5% |
| Instructure, Inc. | Information Technology | 0.5% |
| Pacific Premier Bancorp, Inc. | Financials | 0.5% |
| Dynavax Technologies Corp. | Health Care | 0.5% |
| Spark Therapeutics, Inc. | Health Care | 0.4% |
| ElectroCore LLC | Health Care | 0.4% |
| Ichor Holdings Ltd | Information Technology | 0.4% |
| CEVA, Inc. | Information Technology | 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.
Portfolio Details as of 09/28/2018
- Weighted Average Market Cap.
- 1.5 B
- P/E Ratio
- 32.0x
- P/B Ratio
- 5.3x
- Portfolio Turnover Ratio as of 10/31/2017
- 105.1%
- Number of Holdings
- 76
- Total Net Assets
- $176.34 M
To view definitions for the above Portfolio Details, Click here.
Market Capitalization Breakdown - Morningstar separates stock portfolio holdings into five market-capitalization groups: Giant, Large, Mid, Small, and Micro. Of the 5000 largest domestic stocks in their equities database, the top 1% are categorized as Giant, the next 4% are Large, the next 15% are Mid, the next 30% are Small, and the remaining 50% are Micro. Stocks outside of the largest 5000 are also classified as Micro.
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.
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.
Portfolio Turnover - This is a measure of the Fund’s trading activity which is computed by taking the lesser of purchases or sales divided by average monthly market value, excluding short-term investments. The resulting percentage represents the percentage of the portfolio’s holdings that have changed over the past year.
Documents and Literature
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of10/19/2018
- $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 Distributions
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.
Capital Gain Distribution
- Record Date
- 11/19/2018
- Reinvest & Payable Date
- 11/20/2018
Upcoming Dividend Payment Dates
| Record Date | Ex-Dividend Date | Reinvest & Payable Date |
|---|---|---|
| 11/19/2018 | 11/20/2018 | 11/20/2018 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|
| 11/20/2017 | 11/21/2017 | $2.5397 | $0.1613 | $2.7010 | $15.28 |
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.
Documents & Literature
Fees & Expenses
Fees & Expenses
Documents and Literature
Fund Review
Fund Review
Fund Review1The S&P 500® Index is widely regarded as the standard for measuring large cap U.S. stock market performance and includes a representative sample of leading companies in leading industries.
2 “News Release: Gross Domestic Product,” Bureau of Economic Analysis, December 23, 2014.
3“Beige Book–November 2014,” Board of Governors of the Federal Reserve System, December 3, 2014.
4The Russell 3000® Value Index measures the performance of those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth values.
5The Russell 3000® Growth Index measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values.
6The Russell 1000 Index® measures the performance of the 1,000 largest companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index.
7The Russell 2000® Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, which represents approximately 10% of the total market capitalization of the Russell 3000 Index.
8 The Russell Microcap® Growth Index measures the performance of those Russell Microcap companies with higher price-to-book ratios and higher forecasted growth values.