Lord Abbett Micro Cap Growth Fund

Class Inst (LMIYX)

U.S. News evaluated 213 Small Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.10 percent over the past year, 13.05 percent over the past three years, 9.72 percent over the past five years, and 13.95 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 21.9%
1 Year 10.1%
3 Years (Annualized) 13.0%
5 Years (Annualized) 9.7%
10 Years (Annualized) 13.9%

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Summary

The investment seeks long-term capital appreciation. To pursue its objective, the fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of micro-cap companies. It seeks to invest in micro-cap companies that appear to have the potential for more rapid growth than the overall economy. The fund evaluates companies based on an analysis of their financial statements, products and operations, market sectors and interviews with management. It may invest in U.S. and foreign (which may include emerging market) companies.

Fees

Fees are Above Average compared to funds in the same category.
Lord Abbett Micro Cap Growth Fund has an expense ratio of 1.84 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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