Lord Abbett Developing Growth I (LADYX)
| Fund Assets | 2.07B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| 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 | 33.84 |
| YTD Return | 15.11% |
| 1-Year Return | 13.56% |
| 5-Year Return | 10.83% |
| 52-Week Low | 22.04 |
| 52-Week High | 34.47 |
| Beta (5Y) | n/a |
| Holdings | 87 |
| Inception Date | Dec 30, 1997 |
About LADYX
The Lord Abbett Developing Growth Fund Class I is an actively managed mutual fund with a focus on long-term capital growth by investing primarily in the equities of small U.S. companies. Managed by Lord Abbett, this institutional share class is tailored for investors seeking exposure to the small-cap growth segment of the market, requiring a typical minimum investment of $1 million unless certain exceptions apply. The fund seeks companies with above-average, long-term growth potential, employing a diversified strategy with approximately 85 holdings across various industries, including technology, healthcare, consumer, and services sectors. As of May 2025, the fund had total net assets of $1.84 billion and maintained an annual gross and net expense ratio of 0.69%. Notable portfolio positions include CyberArk Software Ltd, Stride Inc, Guidewire Software Inc, and various other firms representing dynamic growth stories in the small-cap universe. The fund distributes dividends annually and is designed for institutional investors, retirement plans, and registered investment advisers seeking to add small-cap growth exposure to diversified portfolios.
Performance
LADYX had a total return of 13.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
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 | $0.0607 | 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 |