Lord Abbett Developing Growth Fund Class R5 (LADTX)
| Fund Assets | 1.84B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000 |
| Turnover | 122.00% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.21% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Nov 26, 2024 |
| Previous Close | 29.07 |
| YTD Return | -1.45% |
| 1-Year Return | 7.85% |
| 5-Year Return | 24.53% |
| 52-Week Low | 22.04 |
| 52-Week High | 32.44 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | Jun 30, 2015 |
About LADTX
The Lord Abbett Developing Growth Fund Class R5 is an actively managed mutual fund designed to pursue long-term capital appreciation by investing primarily in stocks of small-sized U.S. companies. The fund targets firms exhibiting strong growth potential, often in their early stages or within emerging industries, and typically maintains a diversified portfolio of approximately 80–90 holdings. Its sector exposure is broad, spanning information technology, healthcare, consumer discretionary, industrials, and financials, with a particular focus on innovative businesses that demonstrate robust fundamentals and competitive advantages. With a net expense ratio of 0.69%, the fund is positioned within the small-cap growth category and typically features above-average portfolio turnover as the management team adjusts positions based on evolving market opportunities. The fund serves institutional investors and retirement plans with a $0 minimum initial investment, emphasizing accessibility. It has a history of seeking out dynamic, high-potential companies not yet widely recognized in the broader market, making it a relevant choice for portfolio diversification within the small-cap growth segment. The fund distributes dividends annually and has been operational since June 2015, representing a focused approach to capturing growth in the U.S. small-cap equity space.
Performance
LADTX had a total return of 7.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.51%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2024 | $0.0606 | Nov 26, 2024 |
| Nov 23, 2021 | $3.3406 | Nov 23, 2021 |
| Nov 24, 2020 | $2.9547 | Nov 24, 2020 |
| Nov 21, 2019 | $4.4885 | Nov 21, 2019 |
| Nov 20, 2018 | $6.2452 | Nov 20, 2018 |
| Nov 24, 2015 | $1.8513 | Nov 24, 2015 |