Lord Abbett Developing Growth Fund Class R6 (LADVX) NASDAQ
Currency In USD
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Currency In USD
Address
Jersey City, NJ 7302
Jersey City, NJ 7302
United States of America (the)
Phone
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
June 30, 2015
The Lord Abbett Developing Growth Fund Class R6 primarily invests in the stock of companies that its portfolio managers believe possess strong, sustained long-term growth prospects. Ordinarily, the fund allocates a minimum of 65% of its net assets to equity securities issued by small-capitalization companies. Additionally, it maintains the flexibility to commit up to 10% of its net assets to international stocks, which may include those from developing economies, American Depositary Receipts (ADRs), and other comparable cross-border investment instruments.