Lord Abbett Developing Growth Fund
LADVX
NASDAQ46.44
USD
-1.22
- -
CIK
0000276914
ISIN
US5440068691
CUSIP
544006869
Return %
Stock
S&P500
1Y
60.19
19.01
3Y
84.07
65.48
5Y
12.58
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Jersey City, NJ 7302 Jersey City NJ United States of America 07302
- IPO Date
- Jun 30, 2015
- CIK
- 0000276914
- Website
- lordabbett.com
- Similar Companies
- Business
- Lord Abbett Developing Growth Fund Class R6 (LADVX) is an actively managed open-end mutual fund offered by Lord, Abbett & Co. LLC, focusing on long-term capital appreciation through investments primarily in common stocks of small- and mid-capitalization U.S. companies exhibiting strong growth potential. The fund employs a bottom-up fundamental research process to select securities across diverse sectors, including technology, healthcare, consumer discretionary, and industrials; it maintains a portfolio typically comprising 60 to 80 holdings with an emphasis on companies demonstrating superior earnings growth, innovative products, and competitive advantages. LADVX targets growth-oriented investors seeking exposure to dynamic smaller-cap equities, with a low expense ratio of 0.66% and no sales loads, distributed through various share classes to retail and institutional clients. Lord, Abbett & Co. LLC, founded in 1929 and headquartered in Jersey City, New Jersey, serves as the investment adviser, leveraging over nine decades of experience in active equity and fixed-income management across global markets. The firm operates primarily in the United States, with assets under management exceeding $200 billion as of late 2025, and provides a suite of mutual funds, ETFs, and separately managed accounts to individual investors, financial advisors, and institutions. Geographically, the fund's investments are concentrated in U.S.-domiciled companies, though portfolio holdings may include international exposure through American Depositary Receipts or multinational firms. Recent developments include the fund's strong performance amid 2024-2025 market rallies in AI and biotechnology sectors, contributing to annualized returns exceeding 20% over the trailing five years; Lord Abbett enhanced its research capabilities in 2024 through a strategic partnership with a leading ESG data analytics provider to integrate sustainability factors into growth stock selection. In early 2025, the firm launched complementary ETFs mirroring select mutual fund strategies, including a developing growth variant, to broaden investor access amid rising demand for low-cost active products. No major acquisitions, name changes, or reorganizations have occurred within the past two years, though Lord Abbett continues to expand its distribution network via fintech platforms for RIAs.