Lord Abbett Developing Growth Fund Class P (LADPX)
| Fund Assets | 1.84B |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 122.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 20.11 |
| YTD Return | -3.29% |
| 1-Year Return | 2.04% |
| 5-Year Return | 14.93% |
| 52-Week Low | 15.40 |
| 52-Week High | 22.70 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Jan 5, 1998 |
About LADPX
The Lord Abbett Developing Growth Fund Class P is an open-end mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of small U.S. companies. The fund targets firms that the management team identifies as being in the 'developing growth' phase, a stage defined by rapid expansion following their start-up period but before reaching the maturity of larger, established companies. This investment approach seeks companies positioned for above-average, long-term growth potential, often before their earnings have fully matured relative to the broader market. As of May 2025, the fund manages approximately $1.84 billion in assets and holds a diversified portfolio of about 85 securities, spanning sectors such as information technology, health care, industrials, and consumer discretionary. While it primarily invests in domestic small-cap stocks, the fund may allocate up to 20% of its assets to international or emerging market equities. Managed actively by an experienced investment team, the fund’s strategy is designed for investors seeking exposure to dynamic, smaller companies with strong growth prospects, contributing to its distinct role within the small-cap growth segment of the financial markets.
Performance
LADPX had a total return of 2.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
22.10% of assets| Name | Symbol | Weight |
|---|---|---|
| CyberArk Software Ltd. | CYBR | 3.03% |
| Stride, Inc. | LRN | 2.38% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 2.37% |
| Guidewire Software, Inc. | GWRE | 2.32% |
| Universal Technical Institute, Inc. | UTI | 2.20% |
| Verona Pharma plc | VRNA | 1.99% |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | 1.99% |
| Waystar Holding Corp. | WAY | 1.95% |
| Life Time Group Holdings, Inc. | LTH | 1.95% |
| Loar Holdings Inc. | LOAR | 1.94% |