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Trending ETFs

Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$22.04

$193 M

0.00%

1.12%

Vitals

YTD Return

28.7%

1 yr return

29.1%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

16.9%

Net Assets

$193 M

Holdings in Top 10

25.1%

52 WEEK LOW AND HIGH

$21.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.12%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 102.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$22.04

$193 M

0.00%

1.12%

LMIYX - Profile

Distributions

  • YTD Total Return 28.7%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 16.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Lord Abbett Micro-Cap Growth Fund
  • Fund Family Name
    LORDABBETT
  • Inception Date
    Aug 28, 2020
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    F. O’Halloran

Fund Description

Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. A micro-cap company is defined as a company having a market capitalization at the time of purchase that is under $1 billion or falls within the market capitalization range of companies in the Russell Microcap® Index. The Fund uses fundamental analysis to look for micro-cap companies that appear to have the potential for more rapid growth than the overall economy. The Fund seeks to identify micro-cap companies that generally exhibit faster-than-average gains in earnings and that the portfolio management team expects to continue profit growth at a high level. The Fund evaluates companies based on an analysis of their financial statements, products and operations, market sectors, and interviews with management.

Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, other instruments convertible or exercisable into the foregoing, and other investments with similar economic characteristics.

The Fund may invest up to 10% of its net assets in securities of foreign companies, including emerging market companies, American Depositary Receipts (“ADRs”), and other similar depositary receipts. In addition to ADRs, the Fund generally

defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.

The Fund may engage in active and frequent trading of its portfolio securities.

The investment team may also consider the risks and return potential presented by environmental, social, and governance (“ESG”) factors in investment decisions. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.

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LMIYX - Performance

Return Ranking - Trailing

Period LMIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 28.7% -2.9% 70.6% 5.00%
1 Yr 29.1% -0.8% 66.1% 4.26%
3 Yr -0.4%* -15.1% 60.5% 48.41%
5 Yr 16.9%* -4.3% 45.5% 4.31%
10 Yr 14.9%* 1.3% 24.7% 2.07%

* Annualized

Return Ranking - Calendar

Period LMIYX Return Category Return Low Category Return High Rank in Category (%)
2023 6.1% -20.5% 54.6% 93.68%
2022 -29.1% -82.1% 32.2% 46.90%
2021 3.7% -90.6% 300.1% 22.26%
2020 41.6% -63.0% 127.9% 21.92%
2019 15.3% -7.7% 42.9% 81.69%

Total Return Ranking - Trailing

Period LMIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 28.7% -2.9% 70.6% 5.00%
1 Yr 29.1% -0.8% 66.1% 4.26%
3 Yr -0.4%* -15.1% 60.5% 48.41%
5 Yr 16.9%* -4.3% 45.5% 4.31%
10 Yr 14.9%* 1.3% 24.7% 2.07%

* Annualized

Total Return Ranking - Calendar

Period LMIYX Return Category Return Low Category Return High Rank in Category (%)
2023 6.1% -19.0% 136.8% 95.72%
2022 -29.1% -59.9% 44.3% 60.41%
2021 26.3% -22.7% 411.9% 5.85%
2020 79.6% 1.5% 150.8% 1.57%
2019 34.6% 5.5% 55.3% 26.96%

NAV & Total Return History


LMIYX - Holdings

Concentration Analysis

LMIYX Category Low Category High LMIYX % Rank
Net Assets 193 M 209 K 34.3 B 77.78%
Number of Holdings 71 7 1226 75.56%
Net Assets in Top 10 48.2 M 53.8 K 3.02 B 78.33%
Weighting of Top 10 25.12% 7.5% 100.0% 40.26%

Top 10 Holdings

  1. Green Brick Partners Inc 2.92%
  2. UFP Technologies Inc 2.89%
  3. Vital Farms Inc 2.60%
  4. Longboard Pharmaceuticals Inc 2.59%
  5. VSE Corp 2.51%
  6. Twist Bioscience Corp 2.51%
  7. Alkami Technology Inc 2.44%
  8. Agilysys Inc 2.38%
  9. Zeta Global Holdings Corp 2.15%
  10. Blue Bird Corp 2.14%

Asset Allocation

Weighting Return Low Return High LMIYX % Rank
Stocks
99.20% 92.05% 107.62% 26.48%
Other
0.91% -0.26% 6.70% 15.19%
Preferred Stocks
0.00% 0.00% 4.59% 38.70%
Convertible Bonds
0.00% 0.00% 1.57% 32.78%
Cash
0.00% 0.00% 28.78% 95.37%
Bonds
0.00% 0.00% 2.40% 32.59%

Stock Sector Breakdown

Weighting Return Low Return High LMIYX % Rank
Healthcare
26.49% 0.00% 47.90% 15.74%
Technology
25.49% 2.91% 75.51% 48.52%
Industrials
18.26% 0.00% 36.64% 37.22%
Consumer Cyclical
12.12% 0.00% 24.04% 52.78%
Financial Services
6.39% 0.00% 42.95% 56.48%
Communication Services
6.22% 0.00% 15.31% 2.04%
Consumer Defense
5.02% 0.00% 13.56% 25.93%
Utilities
0.00% 0.00% 5.57% 52.59%
Real Estate
0.00% 0.00% 15.31% 80.56%
Energy
0.00% 0.00% 55.49% 83.70%
Basic Materials
0.00% 0.00% 9.24% 89.26%

Stock Geographic Breakdown

Weighting Return Low Return High LMIYX % Rank
US
99.20% 17.30% 107.62% 22.22%
Non US
0.00% 0.00% 77.12% 45.74%

LMIYX - Expenses

Operational Fees

LMIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.12% 0.05% 23.20% 56.77%
Management Fee 0.90% 0.05% 1.62% 78.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.40% 15.18%

Sales Fees

LMIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LMIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

LMIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 3.00% 264.00% 78.01%

LMIYX - Distributions

Dividend Yield Analysis

LMIYX Category Low Category High LMIYX % Rank
Dividend Yield 0.00% 0.00% 6.91% 45.19%

Dividend Distribution Analysis

LMIYX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

LMIYX Category Low Category High LMIYX % Rank
Net Income Ratio -1.03% -2.47% 1.10% 75.47%

Capital Gain Distribution Analysis

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

Distributions History

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LMIYX - Fund Manager Analysis

Managers

F. O’Halloran


Start Date

Tenure

Tenure Rank

Mar 01, 2006

16.26

16.3%

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.

Matthew DeCicco


Start Date

Tenure

Tenure Rank

Mar 01, 2013

9.25

9.3%

Mr. DeCicco is a holder of a Chartered Financial Analyst designation and joined Lord Abbett in 1999. He has been a member of the team since 2002 and assumed Portfolio Manager in 2015.

Vernon Bice


Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Vernon T. Bice, CMTis a Portfolio Manager of Lord Abbett. He is responsible for contributing to the management for the firm’s micro cap growth, small cap growth, and growth equity strategies. He plays a key role in technical analysis, drawing on his deep experience to provide insights to the portfolio management team. Mr. Bice joined Lord Abbett in 2011. He has worked in the financial services industry since 2001.

Steven Wortman


Start Date

Tenure

Tenure Rank

Sep 14, 2020

1.71

1.7%

Steven H. Wortman, Portfolio Manager, who joined Lord Abbett in 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.44 9.17 5.25