Micro Cap Growth Fund
Daily price w/o sales charge as of 07/28/2021
$18.84
$0.40
YTD Returns w/o sales charge as of 07/28/2021
5.25%
Overall Morningstar RatingsSmall Growth
as of 06/30/2021
Morningstar rated the Lord Abbett Micro Cap Growth Fund class A share 4, 5 and 5 stars among 576, 505 and 379 Small Growth Funds for the overall rating and the 3, 5 and 10 year periods ended 6/30/2021, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Fund Basicsas of 06/30/2021
- Total Net Assets
- $441.27 M
- Inception Date
- 05/01/2000
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 1.33%
- Number of Holdings
- 92
- 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 | 12.12% | 80.00% | 31.67% | 33.85% | 20.92% | 12.77% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.44% | 53.11% | 18.72% | 20.24% | 13.67% | - |
| Russell Microcap® Growth Index | 20.57% | 65.78% | 17.29% | 18.82% | 13.01% | - |
| w/ sales charge | 5.69% | 69.69% | 29.11% | 32.28% | 20.21% | 12.45% |
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 | 12.12% | 80.00% | 31.67% | 33.85% | 20.92% | 12.77% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.44% | 53.11% | 18.72% | 20.24% | 13.67% | - |
| Russell Microcap® Growth Index | 20.57% | 65.78% | 17.29% | 18.82% | 13.01% | - |
| w/ sales charge | 5.69% | 69.69% | 29.11% | 32.28% | 20.21% | 12.45% |
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 06/30/2021View Portfolio
| Holding | Assets |
|---|---|
| Calix Inc | 2.8% |
| Agilysys Inc | 2.4% |
| Axonics Inc | 2.1% |
| Cerence Inc | 2.1% |
| Sprout Social Inc | 1.9% |
| Celsius Holdings Inc | 1.8% |
| CryoPort Inc | 1.8% |
| Ichor Holdings Ltd | 1.8% |
| Seres Therapeutics Inc | 1.8% |
| Krystal Biotech Inc | 1.7% |
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 06/30/2021View Portfolio
| Sector | Weighting |
|---|
| Sector | Weighting |
|---|---|
| Communication Services | |
| Real Estate | |
| Utilities | |
| Not Classified | |
| Consumer Discretionary | |
| Consumer Staples | |
| Energy | |
| Financials | |
| Health Care | |
| Industrials | |
| Information Technology | |
| Materials |
INVESTMENT TEAM
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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 | 12.12% | 80.00% | 31.67% | 33.85% | 20.92% | 12.77% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.44% | 53.11% | 18.72% | 20.24% | 13.67% | - |
| Russell Microcap® Growth Index | 20.57% | 65.78% | 17.29% | 18.82% | 13.01% | - |
| w/ sales charge | 5.69% | 69.69% | 29.11% | 32.28% | 20.21% | 12.45% |
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 | 12.12% | 80.00% | 31.67% | 33.85% | 20.92% | 12.77% |
| Lipper Category Avg. Small-Cap Growth Funds | 11.44% | 53.11% | 18.72% | 20.24% | 13.67% | - |
| Russell Microcap® Growth Index | 20.57% | 65.78% | 17.29% | 18.82% | 13.01% | - |
| w/ sales charge | 5.69% | 69.69% | 29.11% | 32.28% | 20.21% | 12.45% |
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 |
|---|
| 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% | -8.42% |
| 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% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2021 | 12.29% | -0.15% | - | - | 5.25% |
| 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 06/30/2021
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 | 2.8% |
| Agilysys Inc | Information Technology | 2.4% |
| Axonics Inc | Health Care | 2.1% |
| Cerence Inc | Information Technology | 2.1% |
| Sprout Social Inc | Information Technology | 1.9% |
| Celsius Holdings Inc | Consumer Staples | 1.8% |
| CryoPort Inc | Health Care | 1.8% |
| Ichor Holdings Ltd | Information Technology | 1.8% |
| Seres Therapeutics Inc | Health Care | 1.8% |
| Krystal Biotech Inc | Health Care | 1.7% |
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 | 2.7% |
| Agilysys Inc | Information Technology | 2.2% |
| Shockwave Medical Inc | Health Care | 2.1% |
| Ichor Holdings Ltd | Information Technology | 2.0% |
| Cerence Inc | Information Technology | 2.0% |
| Sonos Inc | Consumer Discretionary | 1.9% |
| Shyft Group Inc/The | Industrials | 1.9% |
| Container Store Group Inc/The | Consumer Discretionary | 1.9% |
| Krystal Biotech Inc | Health Care | 1.7% |
| Intra-Cellular Therapies Inc | Health Care | 1.7% |
| CryoPort Inc | Health Care | 1.7% |
| elf Beauty Inc | Consumer Staples | 1.7% |
| Chart Industries Inc | Industrials | 1.7% |
| Axonics Inc | Health Care | 1.6% |
| Telos Corp | Information Technology | 1.6% |
| Celsius Holdings Inc | Consumer Staples | 1.6% |
| Malibu Boats Inc | Consumer Discretionary | 1.6% |
| Sleep Number Corp | Consumer Discretionary | 1.6% |
| OrthoPediatrics Corp | Health Care | 1.5% |
| SI-BONE Inc | Health Care | 1.5% |
| Sprout Social Inc | Information Technology | 1.5% |
| LGI Homes Inc | Consumer Discretionary | 1.5% |
| Rigel Pharmaceuticals Inc | Health Care | 1.5% |
| Curis Inc | Health Care | 1.4% |
| Raven Industries Inc | Industrials | 1.4% |
| Gentherm Inc | Consumer Discretionary | 1.4% |
| Rambus Inc | Information Technology | 1.4% |
| Green Brick Partners Inc | Consumer Discretionary | 1.4% |
| Montrose Environmental Group Inc | Industrials | 1.4% |
| CareDx Inc | Health Care | 1.3% |
| Westport Fuel Systems Inc | Industrials | 1.3% |
| Digital Turbine Inc | Information Technology | 1.3% |
| Seres Therapeutics Inc | Health Care | 1.2% |
| Ameresco Inc | Industrials | 1.2% |
| Criteo SA | Communication Services | 1.2% |
| Silvergate Capital Corp | Financials | 1.2% |
| Turning Point Brands Inc | Consumer Staples | 1.2% |
| Central Garden & Pet Co | Consumer Staples | 1.2% |
| Quanterix Corp | Health Care | 1.1% |
| Myovant Sciences Ltd | Health Care | 1.1% |
| CEVA Inc | Information Technology | 1.0% |
| Rush Enterprises Inc | Industrials | 1.0% |
| Health Catalyst Inc | Health Care | 1.0% |
| Ooma Inc | Communication Services | 1.0% |
| NanoString Technologies Inc | Health Care | 1.0% |
| Atlas Air Worldwide Holdings Inc | Industrials | 1.0% |
| Bancorp Inc/The | Financials | 1.0% |
| Impinj Inc | Information Technology | 0.9% |
| Eventbrite Inc | Communication Services | 0.9% |
| Willdan Group Inc | Industrials | 0.9% |
| Rocket Pharmaceuticals Inc | Health Care | 0.9% |
| Evoqua Water Technologies Corp | Industrials | 0.9% |
| Hydrofarm Holdings Group Inc | Industrials | 0.9% |
| Cardlytics Inc | Information Technology | 0.9% |
| Constellation Pharmaceuticals Inc | Health Care | 0.9% |
| Orchard Therapeutics plc | Health Care | 0.9% |
| Zuora Inc | Information Technology | 0.9% |
| MacroGenics Inc | Health Care | 0.8% |
| Pliant Therapeutics Inc | Health Care | 0.8% |
| Inspire Medical Systems Inc | Health Care | 0.8% |
| OSI Systems Inc | Information Technology | 0.8% |
| nLight Inc | Information Technology | 0.8% |
| Kforce Inc | Industrials | 0.8% |
| Piper Sandler Cos | Financials | 0.8% |
| Outset Medical Inc | Health Care | 0.8% |
| Pulmonx Corp | Health Care | 0.8% |
| Xenon Pharmaceuticals Inc | Health Care | 0.7% |
| Citi Trends Inc | Consumer Discretionary | 0.7% |
| Children's Place Inc/The | Consumer Discretionary | 0.7% |
| Avid Technology Inc | Information Technology | 0.7% |
| Karuna Therapeutics Inc | Health Care | 0.7% |
| Lindblad Expeditions Holdings Inc | Consumer Discretionary | 0.7% |
| Trupanion Inc | Financials | 0.6% |
| TG Therapeutics Inc | Health Care | 0.6% |
| Inari Medical Inc | Health Care | 0.6% |
| Trillium Therapeutics Inc | Health Care | 0.6% |
| Castle Biosciences Inc | Health Care | 0.5% |
| HyreCar Inc | Industrials | 0.5% |
| IMAX Corp | Communication Services | 0.5% |
| Honest Co Inc/The | Consumer Staples | 0.5% |
| Akoya Biosciences Inc | Health Care | 0.5% |
| Monarch Casino & Resort Inc | Consumer Discretionary | 0.5% |
| Beam Therapeutics Inc | Health Care | 0.5% |
| Turning Point Therapeutics Inc | Health Care | 0.5% |
| Johnson Outdoors Inc | Consumer Discretionary | 0.4% |
| MarineMax Inc | Consumer Discretionary | 0.4% |
| Insmed Inc | Health Care | 0.4% |
| Simulations Plus Inc | Health Care | 0.2% |
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.
Sector Allocationas of 06/30/2021
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
1.8%
|
|
| Real Estate |
 0.9%
|
|
| Utilities | 0.0% | |
| Not Classified | 0.0% | |
| Consumer Discretionary |
2.3%
|
|
| Consumer Staples |
0.8%
|
|
| Energy | 0.0% | |
| Financials |
1.6%
|
|
| Health Care |
1.3%
|
|
| Industrials |
1.4%
|
|
| Information Technology |
0.5%
|
|
| Materials | 0.0% |
Portfolio Details as of 06/30/2021
- Total Net Assets
- $441.27 M
- Number of Holdings
- 92
- Weighted Average Market Cap.
- 2.4 B
- P/B Ratio
- 5.4x
- P/E Ratio
- 28.7x
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 06/30/2021
Contributors
| Holding | Contribution |
|---|---|
| Calix Inc | 0.8% |
| Shockwave Med Inc | 0.7% |
| Sprout Social Inc | 0.7% |
| Celsius Holdings Inc | 0.7% |
| Raven Industries Inc | 0.6% |
Detractors
| Holding | Contribution |
|---|---|
| Viant Technology Inc | -0.6% |
| Scholar Rock Holding Corp | -0.5% |
| Sleep Number Corp | -0.5% |
| Magnite Inc | -0.5% |
| Orchard Therapeutics Pl | -0.5% |
% 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 07/28/2021
- $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 |
|---|---|---|
| 11/22/2021 | 11/23/2021 | 11/23/2021 |
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 |
|---|---|
| 11/22/2021 | 11/23/2021 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 07/28/2021
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $50,000 | 5.75% | 5.00% | $19.99 |
| $50,000 to $99,999 | 4.75% | 4.00% | $19.78 |
| $100,000 to $249,999 | 3.95% | 3.25% | $19.61 |
| $250,000 to $499,999 | 2.75% | 2.25% | $19.37 |
| $500,000 to $999,999 | 1.95% | 1.75% | $19.21 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $18.84 |
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 06/30/2021
| 1.33% |
Fund Documents
Fund Documents
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
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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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Prospectus (XBRL)
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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