Lord Abbett Developing Growth Fund

Frequently Asked Questions About LADVX

What does LADVX invest in?

The Fund seeks long-term growth of capital through a diversified and actively managed portfolio consisting of developing growth companies, many of which are traded over the counter. The Fund invests at least 65% of its net assets in equity securities of small companies within the range of Russell 2000 Index.

What is the expense ratio of LADVX?

Lord Abbett Developing Growth Fund (LADVX) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LADVX?

Lord Abbett Developing Growth Fund (LADVX) manages $2.09B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is LADVX actively managed or an index fund?

LADVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LADVX's is 0.60%) in exchange for the discretion to over- or under-weight positions.

When was LADVX launched?

Lord Abbett Developing Growth Fund (LADVX) launched in June 2015 and is managed by Lord Abbett.

How has LADVX performed?

LADVX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.