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.
Fund Family Lord Abbett
Category Small Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LADTX
Share Class Class R5
Index Russell 2000 Growth TR
LADTX had a total return of 38.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.45%.
