Lord Abbett Developing Growth Fund (LAGWX)
The fund invests in equity securities of companies that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, the fund invests at least 65% of its net assets in equity securities of small companies. It may invest up to 10% of its net assets in securities of foreign companies, including emerging market companies, American Depositary Receipts ("ADRs"), and other similar depositary receipts.
Fund Info
| ISIN | US5440061092 |
|---|---|
| CUSIP | 544006109 |
| Issuer | Lord Abbett |
| Inception Date | Oct 10, 1973 |
| Category | Small Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Growth |
Expense Ratio
LAGWX has a high expense ratio of 0.93%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: LAGWX vs. FECGX, LAGWX vs. FDSCX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett Developing Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Lord Abbett Developing Growth Fund had a return of 24.58% year-to-date (YTD) and 42.39% in the last 12 months. Over the past 10 years, Lord Abbett Developing Growth Fund had an annualized return of -1.17%, while the S&P 500 had an annualized return of 11.31%, indicating that Lord Abbett Developing Growth Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.58% | 24.72% |
| 1 month | 0.79% | 2.30% |
| 6 months | 11.11% | 12.31% |
| 1 year | 42.39% | 32.12% |
| 5 years (annualized) | -0.53% | 13.81% |
| 10 years (annualized) | -1.17% | 11.31% |
Monthly Returns
The table below presents the monthly returns of LAGWX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | 9.31% | 2.52% | -6.08% | 4.32% | 3.01% | 0.05% | 3.78% | 2.40% | -0.95% | 24.58% | ||
| 2023 | 8.38% | -0.93% | 0.88% | -2.45% | 1.62% | 4.18% | 1.27% | -6.88% | -7.72% | -8.55% | 10.47% | 10.32% | 8.50% |
| 2022 | -18.74% | 0.05% | -0.70% | -13.40% | -2.80% | -6.33% | 9.60% | -0.27% | -7.97% | 6.18% | 0.28% | -6.25% | -36.09% |
| 2021 | 4.25% | 3.77% | -6.05% | 4.51% | -6.10% | 4.82% | -1.88% | 2.65% | -4.35% | 5.62% | -18.15% | -0.34% | -13.22% |
| 2020 | 2.19% | -3.89% | -15.40% | 16.55% | 13.41% | 6.35% | 6.67% | 5.76% | 2.74% | 2.41% | 1.98% | 10.09% | 55.68% |
| 2019 | 15.78% | 10.87% | -1.06% | 2.43% | -2.63% | 9.38% | 2.94% | -5.29% | -9.07% | 2.16% | -16.38% | 1.45% | 6.45% |
| 2018 | 3.86% | 0.95% | 2.21% | 2.20% | 10.30% | 1.99% | -0.49% | 13.01% | -0.25% | -14.02% | -25.59% | -10.57% | -20.93% |
| 2017 | 4.07% | 3.69% | 0.41% | 0.77% | 0.56% | 2.69% | 1.83% | 0.34% | 4.79% | 3.05% | 2.51% | 1.88% | 29.92% |
| 2016 | -12.90% | -2.68% | 5.82% | -0.66% | 2.80% | 0.12% | 7.92% | 0.99% | 1.74% | -7.09% | 5.05% | -1.97% | -2.71% |
| 2015 | -2.61% | 7.96% | 1.89% | -3.41% | 5.22% | 0.95% | 0.20% | -10.51% | -5.99% | 0.88% | -6.60% | -4.80% | -16.89% |
| 2014 | 1.40% | 5.66% | -5.11% | -6.18% | -1.46% | 8.34% | -7.13% | 5.42% | -3.74% | 5.90% | -15.77% | 0.63% | -13.85% |
| 2013 | 5.57% | 1.71% | 5.70% | -0.84% | 7.76% | 2.94% | 7.76% | 0.67% | 9.49% | 0.81% | -15.68% | 2.63% | 29.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LAGWX is 41, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Developing Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett Developing Growth Fund was 64.82%, occurring on Nov 20, 2008. Recovery took 595 trading sessions.
The current Lord Abbett Developing Growth Fund drawdown is 37.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64.82% | Nov 1, 2007 | 266 | Nov 20, 2008 | 595 | Apr 4, 2011 | 861 |
| -59.28% | Feb 16, 2021 | 681 | Oct 27, 2023 | — | — | — |
| -58.16% | Sep 17, 2018 | 378 | Mar 18, 2020 | 209 | Jan 14, 2021 | 587 |
| -58.07% | Mar 10, 2000 | 645 | Oct 9, 2002 | 1249 | Oct 1, 2007 | 1894 |
| -53.13% | Oct 22, 2013 | 581 | Feb 11, 2016 | 636 | Aug 21, 2018 | 1217 |
Volatility
Volatility Chart
The current Lord Abbett Developing Growth Fund volatility is 7.11%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.