Lord Abbett Developing Growth R5 (LADTX)
| Fund Assets | 2.07B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000 |
| Turnover | 112.00% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.18% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Nov 26, 2024 |
| Previous Close | 34.04 |
| YTD Return | 14.23% |
| 1-Year Return | 12.74% |
| 5-Year Return | 9.99% |
| 52-Week Low | 22.04 |
| 52-Week High | 34.47 |
| Beta (5Y) | n/a |
| Holdings | 87 |
| 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 12.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Credo Technology Group Holding Ltd | CRDO | 3.27% |
| Comfort Systems USA, Inc. | FIX | 2.82% |
| Astera Labs, Inc. | ALAB | 2.57% |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | 2.25% |
| MasTec, Inc. | MTZ | 2.04% |
| Carpenter Technology Corporation | CRS | 1.98% |
| Guidewire Software, Inc. | GWRE | 1.88% |
| Insmed Incorporated | INSM | 1.82% |
| Mirion Technologies, Inc. | MIR | 1.77% |
| Rubrik, Inc. | RBRK | 1.73% |
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 |