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Lord Abbett Micro Cap Growth I

LMIYX
13.23
+0.12
+0.92%
5/27/2016
5 Years
  • Previous Close

    13.11

  • Net Assets

    137.05M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.80%

  • Category

    Small Growth

  • Morningstar Risk

    High

  • Morningstar Rating ★★★
Profile

Name of Issuer

Lord Abbett

Fund Style

Open

Fund Manager

Arthur Weise

Investment Style

Small Growth

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. For purposes of the policy, the managers define a micro-cap company as a company having a market capitalization at the time of purchase that is under $1 billion or falls within the market capitalization range of companies in the Russell Microcap® Index.

Purchase Information

Initial Purchase 1,000,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

7/9/1999

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