Lord Abbett Developing Growth Fund Class I (LADYX)
| Fund Assets | 1.84B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| 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 | 29.36 |
| YTD Return | -0.98% |
| 1-Year Return | 5.87% |
| 5-Year Return | 17.01% |
| 52-Week Low | 22.04 |
| 52-Week High | 32.44 |
| Beta (5Y) | n/a |
| Holdings | 85 |
| 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 5.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.
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
21.21% of assets| Name | Symbol | Weight |
|---|---|---|
| CyberArk Software Ltd. | CYBR | 2.40% |
| Verona Pharma plc | VRNA | 2.20% |
| Astera Labs, Inc. | ALAB | 2.16% |
| Comfort Systems USA, Inc. | FIX | 2.14% |
| Universal Technical Institute, Inc. | UTI | 2.13% |
| Carpenter Technology Corporation | CRS | 2.08% |
| Waystar Holding Corp. | WAY | 2.05% |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | 2.05% |
| Credo Technology Group Holding Ltd | CRDO | 2.00% |
| Guidewire Software, Inc. | GWRE | 2.00% |
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 |