Lord Abbett Micro Cap Growth Fund Class I

 (MUTF:LMIYX)   Watch this mutual fund  
Find more results for MUTF:LMIYX

Performance

Trailing returns

1 day   +0.24%
   
1 week
   
-2.79%  
4 week
   
-1.27%  
3 month   +7.40%
   
YTD   +10.34%
   
1 year   +28.60%
   
3 years*   +29.89%
   
5 years*   +22.66%
   
*annualized
Best 3 month return+37.97%  
Worst 3 month return-38.82%  

Morningstar statistics

Morningstar category: Small Growth
  Return Risk Rating
3 years High High
5 years High High
10 years High High
Overall High High
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets166.95M 
Front load-  
Deferred load-  
Expense ratio1.78%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash2.99%  
Stocks96.44%  
Bonds0.00%  
Other0.57%  

Purchase information

Initial$1,000,000  
21.15+0.24(1.15%)
Jul 31, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks long-term capital appreciation. To pursue its objective, the fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. For purposes of the policy, the managers define a micro-cap company 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.
Fund filings (PDF) »
Asset managers:
Arthur Weise (Started: Dec 31, 2007)
Matthew DeCicco (Started: Dec 31, 2002)
F. O’Halloran, III (Started: Mar 1, 2006)
Advisor Company:
Lord, Abbett & Co LLC
Fund family reports on Morningstar »
Lord Abbett, 90 Hudson Street, Jersey City NJ 7302, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 13.14 11.17 3.31 5.93
Beta* 1.22 0.98 1.22 1.21
Mean annual return 1.86 2.27 1.99 1.35
R-squared* 36.07 20.37 52.47 64.85
Standard deviation 18.85 18.48 20.26 22.22
Sharpe ratio 1.18 1.47 1.17 0.67
* Against standard index

Top 10 holdings

Security Net Assets  
Diplomat Pharmacy Inc (DPLO) 2.02%  
2U Inc (TWOU) 1.96%  
DepoMed Inc (DEPO) 1.89%  
Spark Therapeutics Inc (ONCE) 1.88%  
Anacor Pharmaceuticals Inc (ANAC) 1.86%  
Fluidigm Corp (FLDM) 1.84%  
bluebird bio Inc (BLUE) 1.77%  
Stamps.com Inc (STMP) 1.76%  
Receptos Inc (RCPT) 1.75%  
MarineMax Inc (HZO) 1.69%