Lord Abbett Developing Growth Fund Class R3 (LADRX)
| Fund Assets | 1.84B |
| Expense Ratio | 1.19% |
| 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 | 20.03 |
| YTD Return | -2.37% |
| 1-Year Return | 3.01% |
| 5-Year Return | 15.76% |
| 52-Week Low | 15.41 |
| 52-Week High | 22.72 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Sep 28, 2007 |
About LADRX
The Lord Abbett Developing Growth Fund Class R3 is an actively managed mutual fund designed to provide long-term capital growth by primarily investing in stocks of small-cap U.S. companies. The fund targets businesses that the investment team believes exhibit above-average, long-term growth potential. Its diversified portfolio typically includes a broad array of industries, with recent holdings featuring sectors such as information technology, health care, industrials, and consumer discretionary. The portfolio generally maintains approximately 80–85 holdings, balancing its sector exposure to manage risk while seeking growth opportunities. Launched in 2007, the fund pursues its strategy through rigorous fundamental research, focusing on companies that demonstrate strong growth characteristics and solid financials. With a net expense ratio of 1.19% and annual dividend distributions, this fund plays a key role for investors looking to gain exposure to U.S. small-cap growth equities and capitalize on the dynamic potential of emerging businesses within the broader equity market.
Performance
LADRX had a total return of 3.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.55%.
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 Small Cap Growth Fund | 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% |