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Lord Abbett Small Cap Value I (LRSYX)

20.36 +0.07 (+0.34%)
At close: 8:01 PM EDT

Fund Summary

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, 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"). The adviser defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.

Lord Abbett Small Cap Value I

Jersey City NJ 07302
90 Hudson Street 11th Floor

Fund Overview

Category Small Value
Fund Family Lord Abbett
Net Assets 412.24M
YTD Return 5.90%
Yield 0.25%
Morningstar Rating
Inception Date Apr 01, 1997

Fund Operations

Last Dividend 0.05
Last Cap Gain 9.00
Holdings Turnover 34.00%
Average for Category --

Fees & Expenses

Expense LRSYX Category Average
Annual Report Expense Ratio (net) 1.94% 1.16%
Prospectus Net Expense Ratio 1.94% --
Prospectus Gross Expense Ratio 1.94% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.35%
Max Deferred Sales Load -- 1.15%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

John Hardy is responsible for contributing to the management for the firm’s large cap value, multi cap value, mid cap value, smid cap value and small cap value strategies. Mr. Hardy joined Lord Abbett in 2011. His previous experience includes serving as Vice President, Senior Financial Analyst – Clean Technology at Gleacher & Co. and Vice President, Senior Financial Analyst – Clean Technology, Associate Research Analyst – Technology, and Trading Assistant at American Technology Research, Inc. He has worked in the financial services industry since 2003. He earned a BS in industrial and labor relations from Cornell University.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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