Lord Abbett Micro Cap Growth Fund (LCMGX)
| Fund Assets | 192.98M |
| Expense Ratio | 2.13% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 18.42 |
| YTD Return | -9.73% |
| 1-Year Return | 7.48% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Aug 28, 2020 |
About LCMGX
LCMGX was founded on 2020-08-28. The Fund's investment strategy focuses on Micro-Cap. The minimum amount to invest in Lord Abbett Securities Trust: Lord Abbett Micro Cap Growth Fund; Class C Shares is $1,500 on a standard taxable account. Lord Abbett Securities Trust: Lord Abbett Micro Cap Growth Fund; Class C Shares seeks long-term capital appreciation by investing at least 80% of its assets in equity securities of companies with market capitalizations of less than $350 million at the time of purchase. LCMGX will invest in micro-cap companies that have the potential for more rapid growth than the overall economy.
Performance
LCMGX had a total return of 7.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.04%.
Top 10 Holdings
26.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Universal Technical Institute, Inc. | UTI | 3.28% |
| Tarsus Pharmaceuticals, Inc. | TARS | 3.19% |
| GeneDx Holdings Corp. | WGS | 3.00% |
| The Chefs' Warehouse, Inc. | CHEF | 2.79% |
| OSI Systems, Inc. | OSIS | 2.71% |
| Scholar Rock Holding Corporation | SRRK | 2.45% |
| Natural Grocers by Vitamin Cottage, Inc. | NGVC | 2.42% |
| Grindr Inc. | GRND | 2.41% |
| Alkami Technology, Inc. | ALKT | 2.34% |
| Mirum Pharmaceuticals, Inc. | MIRM | 2.27% |