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LAGWX Lord Abbett Developing Growth A

  • Fund
  • LAGWX
  • Price as of: Nov 20, 2017
  • $22.36
  • + $0.16
  • + 0.72%
  • Category
  • Small Cap Growth Equities

LAGWX - Profile

Vitals

  • YTD Return 24.6%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 12.5%
  • Net Assets $1.92 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$22.36
$17.94
$22.46

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 134.37%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2011-03-31

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Small Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Small Growth

Distributions

  • YTD Total Return 24.6%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.39%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Lord Abbett Developing Growth Fund
  • Fund Family Name Lord Abbett
  • Inception Date Oct 10, 1973
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Arthur K. Weise

Fund Description

To pursue its objective, the fund invests primarily in the equity securities of companies the portfolio management team believes demonstrate above-average, long-term growth potential. It invests at least 65% of its net assets in equity securities of small companies. The fund may invest up to 10% of its net assets in foreign companies, including emerging market companies and American Depositary Receipts ("ADRs").

LAGWX - Performance

Return Ranking - Trailing

Period LAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 24.6% -81.5% 37.2% 13.02% 1
1 Yr 28.1% -22.5% 49.1% 36.81% 2
3 Yr 3.9% * -11.1% 19.4% 89.37% 5
5 Yr 12.5% * -9.9% 19.9% 67.20% 4
10 Yr 7.0% * -8.2% 12.7% 55.17% 3

* Annualized


Return Ranking - Calendar

Period LAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.7% -71.6% 25.7% 83.28% 5
2015 -16.9% -70.7% 14.9% 71.82% 4
2014 -13.9% -57.2% 35.1% 74.61% 4
2013 29.4% -32.6% 61.3% 52.80% 3
2012 1.4% -100.0% 30.8% 83.73% 5

Total Return Ranking - Trailing

Period LAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 24.6% -81.5% 37.2% 13.06% 1
1 Yr 20.7% -31.1% 291.3% 67.46% 4
3 Yr 1.8% * -43.2% 166.8% 95.88% 5
5 Yr 11.1% * -10.1% 19.9% 79.21% 4
10 Yr 6.4% * -5.3% 12.7% 66.86% 4

* Annualized


Total Return Ranking - Calendar

Period LAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.7% -71.6% 25.7% 85.01% 5
2015 -9.3% -37.2% 38.5% 81.46% 5
2014 3.7% -23.4% 66.8% 41.23% 3
2013 133.4% -32.6% 6103.1% 5.65% 1
2012 30.8% -100.0% 400.5% 23.63% 2

NAV & Total Return History

LAGWX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

LAGWX Category Low Category High LAGWX % Rank Quintile
Net Assets 1.92 B 37.3 K 20.6 B 4.57% 1
Number of Holdings 97 1 3437 15.59% 3
Net Assets in Top 10 382 M -2.31 M 4.35 B 4.88% 1
Weighting of Top 10 20.4% 0.0% 100.1% 16.85% 3

Top 10 Holdings

  1. Exact Sciences Corp 1.89%
  2. Live Nation Entertainment Inc 2.30%
  3. The Trade Desk Inc A 1.89%
  4. Planet Fitness Inc A 2.44%
  5. 2U Inc 2.19%
  6. Insulet Corp 2.03%
  7. Stamps.com Inc 2.07%
  8. Spark Therapeutics Inc 1.75%
  9. Blueprint Medicines Corp 2.11%
  10. Penumbra Inc 1.76%

Asset Allocation

Weighting Category Low Category High LAGWX % Rank Quintile
Stocks
100.00% 0.00% 102.02% 1.26% 1
Preferred Stocks
0.00% 0.00% 10.15% 4.57% 4
Other
0.00% -4.24% 12.60% 12.60% 4
Convertible Bonds
0.00% 0.00% 28.89% 1.10% 3
Cash
0.00% -1.77% 100.00% 30.24% 5
Bonds
0.00% -8.02% 77.33% 2.99% 3

Stock Sector Breakdown

Weighting Category Low Category High LAGWX % Rank Quintile
Technology
30.36% 1.00% 70.71% 8.50% 2
Healthcare
23.36% 1.13% 64.98% 4.09% 1
Consumer Cyclical
13.71% 0.12% 28.09% 15.28% 2
Industrials
13.38% 0.50% 28.90% 28.19% 4
Financial Services
9.25% -2.02% 27.92% 15.91% 2
Basic Materials
5.82% 0.00% 18.95% 14.33% 2
Consumer Defense
3.21% -6.68% 13.27% 20.63% 3
Real Estate
0.46% -0.36% 18.74% 28.35% 5
Communication Services
0.44% -0.97% 6.07% 16.22% 3
Utilities
0.00% -0.44% 6.98% 13.23% 4
Energy
0.00% 0.00% 10.10% 30.08% 5

Stock Geographic Breakdown

Weighting Category Low Category High LAGWX % Rank Quintile
US
94.63% 0.00% 100.00% 19.53% 3
Non US
5.37% 0.00% 90.58% 7.87% 1

LAGWX - Expenses

Operational Fees

LAGWX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.97% 0.06% 27.39% 28.19% 1
Management Fee 0.51% 0.05% 1.50% 8.35% 1
12b-1 Fee 0.25% 0.00% 1.00% 2.41% 3
Administrative Fee 0.04% 0.00% 0.40% 7.40% 1

Sales Fees

LAGWX Fees (% of AUM) Category Low Category High LAGWX Rank Quintile
Front Load 5.75% 0.00% 5.75% 1.05% 5
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

LAGWX Fees (% of AUM) Category Low Category High LAGWX Rank Quintile
Max Redemption Fee N/A 0.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LAGWX Fees (% of AUM) Category Low Category High LAGWX Rank Quintile
Turnover 134.37% 4.00% 818.00% 4.72% 5

LAGWX - Distributions

Dividend Yield Analysis

LAGWX Category Low Category High LAGWX % Rank Quintile
Dividend Yield N/A 0.00% 15.65% N/A N/A

Dividend Distribution Analysis

LAGWX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

LAGWX Category Low Category High LAGWX % Rank Quintile
Net Income Ratio -0.39% -2.29% 2.19% 16.85% 2

Capital Gain Distribution Analysis

LAGWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

LAGWX - Managers

Arthur K. Weise

Manager

Start Date

Dec 31, 2007

Tenure

9.84

Tenure Rank

6.3%

Mr. Weise is a portfolio manager of the small cap growth, micro cap growth, and growth equity strategies. Mr. Weise joined Lord Abbett in 2007, and was named Partner in 2012. His prior experience includes: Managing Director, Portfolio Manager, and Analyst at Bank of New York Institutional Asset Management; Vice President, Director of Research, and Analyst at Trainer Wortham & Co.; and Associate Director at Dillon Read/UBS Warburg. Mr. Weise received a BA from Columbia University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1993.


F. Thomas O’Halloran

Lead Manager

Start Date

Dec 31, 2001

Tenure

15.84

Tenure Rank

2.5%

F. Thomas O’Halloran, J.D., CFA, Partner & Director Mr. O'Halloran is the lead portfolio manager of the small cap growth, micro cap growth, and growth equity strategies. Mr. O'Halloran joined Lord Abbett in 2001 as a research analyst for the small cap growth equity strategy and was named Partner in 2003. His prior experience includes Executive Director/Senior Research Analyst at Dillon, Read & Co. and as a trial attorney. Mr. O'Halloran received an AB from Bowdoin College, a JD from Boston College, and an MBA from Columbia University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.


Tenure Analysis

Category Low

0.0

Category High

45.0

Category Average

6.68

Category Mode

0.7