Lord Abbett Durable Growth F
Name
As of 10/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-34.5%
1 yr return
-14.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$252 M
Holdings in Top 10
49.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 96.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LDFGX - Profile
Distributions
- YTD Total Return -34.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.16%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameLord Abbett Durable Growth Fund
-
Fund Family NameLord Abbett
-
Inception DateNov 01, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey Rabinowitz
Fund Description
The Fund invests in equity securities of large-sized U.S. companies with growth characteristics. A large-sized company is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index. The portfolio management team follows a growth style of investing and seeks to identify what it believes are durable franchises that have favorable long-term growth prospects and trade at reasonable valuations. A durable franchise is a company whose competitive advantages Lord Abbett believes should persist over time. These companies exhibit many of the following characteristics: a strong brand name, dominant market share, high barriers to entry, scale advantages, recurring revenues, strong free cash flow, patent protection/intellectual property, pricing power, and competent 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 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.
LDFGX - Performance
Return Ranking - Trailing
Period | LDFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -34.5% | -83.8% | 104.1% | 79.95% |
1 Yr | -14.2% | -56.4% | 42.8% | 60.25% |
3 Yr | N/A* | -14.0% | 44.5% | N/A |
5 Yr | N/A* | -5.7% | 29.0% | N/A |
10 Yr | N/A* | 2.7% | 23.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | LDFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -87.9% | 326.9% | 71.54% |
2022 | 33.8% | -67.0% | 145.0% | 24.49% |
2021 | N/A | -28.8% | 75.8% | N/A |
2020 | N/A | -57.9% | 10.6% | N/A |
2019 | N/A | -68.7% | 64.0% | N/A |
Total Return Ranking - Trailing
Period | LDFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -34.5% | -83.8% | 104.1% | 79.03% |
1 Yr | -14.2% | -58.4% | 57.2% | 57.67% |
3 Yr | N/A* | -15.1% | 44.5% | N/A |
5 Yr | N/A* | -6.1% | 29.0% | N/A |
10 Yr | N/A* | 2.6% | 23.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | LDFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -87.9% | 326.9% | 71.30% |
2022 | 33.8% | -67.0% | 145.0% | 24.49% |
2021 | N/A | -28.8% | 75.8% | N/A |
2020 | N/A | -57.9% | 16.5% | N/A |
2019 | N/A | -68.7% | 64.0% | N/A |
NAV & Total Return History
LDFGX - Holdings
Concentration Analysis
LDFGX | Category Low | Category High | LDFGX % Rank | |
---|---|---|---|---|
Net Assets | 252 M | 189 K | 222 B | 69.79% |
Number of Holdings | 71 | 2 | 3509 | 40.19% |
Net Assets in Top 10 | 90.4 M | -1.37 M | 104 B | 75.84% |
Weighting of Top 10 | 49.00% | 9.4% | 100.0% | 38.70% |
Top 10 Holdings
- Microsoft Corp 11.05%
- Alphabet Inc Class A 7.46%
- Amazon.com Inc 6.93%
- Apple Inc 6.03%
- Tesla Inc 4.14%
- NVIDIA Corp 3.56%
- Mastercard Inc Class A 3.34%
- PayPal Holdings Inc 2.42%
- The Home Depot Inc 2.35%
- Qualcomm Inc 2.17%
Asset Allocation
Weighting | Return Low | Return High | LDFGX % Rank | |
---|---|---|---|---|
Stocks | 100.00% | 0.00% | 107.71% | 5.37% |
Preferred Stocks | 0.00% | 0.00% | 4.41% | 50.63% |
Other | 0.00% | -7.57% | 17.15% | 54.36% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 47.65% |
Cash | 0.00% | -10.83% | 87.35% | 93.44% |
Bonds | 0.00% | -1.84% | 98.58% | 47.28% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LDFGX % Rank | |
---|---|---|---|---|
Technology | 32.35% | 0.00% | 69.82% | 63.73% |
Consumer Cyclical | 20.48% | 0.00% | 62.57% | 16.34% |
Communication Services | 11.31% | 0.00% | 66.40% | 42.91% |
Healthcare | 11.20% | 0.00% | 39.76% | 63.28% |
Industrials | 9.01% | 0.00% | 30.65% | 18.73% |
Financial Services | 5.72% | 0.00% | 43.06% | 81.79% |
Consumer Defense | 5.56% | 0.00% | 25.50% | 23.51% |
Basic Materials | 2.27% | 0.00% | 22.00% | 27.24% |
Real Estate | 2.09% | 0.00% | 29.57% | 27.16% |
Utilities | 0.00% | 0.00% | 16.07% | 64.18% |
Energy | 0.00% | 0.00% | 41.09% | 74.40% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LDFGX % Rank | |
---|---|---|---|---|
US | 96.56% | 0.00% | 105.43% | 36.24% |
Non US | 3.44% | 0.00% | 54.22% | 45.71% |
LDFGX - Expenses
Operational Fees
LDFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.01% | 7.09% | 69.44% |
Management Fee | 0.55% | 0.00% | 1.50% | 32.54% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 23.87% |
Administrative Fee | 0.04% | 0.00% | 1.02% | 17.59% |
Sales Fees
LDFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
LDFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 5.00% | 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.
LDFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 96.00% | 0.00% | 316.74% | 88.23% |
LDFGX - Distributions
Dividend Yield Analysis
LDFGX | Category Low | Category High | LDFGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 12.42% | 52.22% |
Dividend Distribution Analysis
LDFGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Monthly |
Net Income Ratio Analysis
LDFGX | Category Low | Category High | LDFGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.16% | -6.13% | 2.90% | 37.33% |
Capital Gain Distribution Analysis
LDFGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
LDFGX - Fund Manager Analysis
Managers
Jeffrey Rabinowitz
Start Date
Tenure
Tenure Rank
Oct 14, 2019
2.63
2.6%
Jeffrey Rabinowtiz, CFA, joined Lord Abbett in 2017 and was formerly Managing Director and Portfolio Manager/Technology Analyst at Jennison Associates LLC from 2014 to 2017 and Managing Director and Portfolio Manager/Technology Analyst for U.S. Growth Equity at Goldman Sachs Asset Management from 1999 to 2014. He received a BS in electrical engineering from Florida Atlantic University and an MBA in finance from The Wharton School, University of Pennsylvania.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.11 | 2.92 |