Lord Abbett Developing Growth benefits from a reinforced investment team that has proved its worth over the long haul, driving an upgrade of its Morningstar Analyst Rating to Bronze from Neutral for most share classes. Its two priciest shares remain Neutral.
Lord Abbett Developing Growth I LADYX
NAV / 1-Day Return
40.08
/
0.50
%
Total Assets
4.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.680%
Expense Ratio
0.680%
Fee Level
Low
Longest Manager Tenure
19.80
years
Category
Small Growth
Investment Style
Small GrowthMin. Initial Investment
1,000,000
Status
Limited
TTM Yield
0.00%
Turnover
102%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LADYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LADYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LADYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LADYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This investment team has found its footing.
