Lord Abbett Durable Growth Fund
Data updated: 2022-09-28
C000215027 — Lord Abbett Durable Growth Fund. Emerging Markets Real Estate · $398.43M AUM · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
C000215027 Fund Overview
Lord Abbett Durable Growth Fund is a US mutual fund managed by Lord Abbett Securities Trust, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Lord Abbett Securities Trust
- Category: Emerging Markets Real Estate
- Assets under management: $398.43M
- 1-year return: -18.7%
- SEC CIK: 0000898031
- SEC series ID: S000066722
- Share class ID: C000215027
C000215027 Investment Objective and Strategy
Lord Abbett Durable Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lord Abbett Securities Trust.
Investment objective
The Funds investment objective is to seek capital appreciation.
Principal investment strategy
The Fund invests in equity securities of large-sized U.S. companies with growth characteristics. A large-sized company is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000 Index. The portfolio management team follows a growth style of investing and seeks to identify what it believes are durable franchises that have favorable long-term growth prospects and trade at reasonable valuations. A durable franchise is a company whose competitive advantages Lord Abbett believes should persist over time. These companies exhibit many of the following characteristics: a strong brand name, dominant market share, high barriers to entry, scale advantages, recurring revenues, strong free cash flow, patent protection/intellectual property, pricing power, and competent management.
Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, other instruments convertible or exercisable into the foregoing, and other investments with similar economic characteristics. The Fund 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. In addition to ADRs, the Fund generally defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges. The investment team may also consider the risks and return potential presented by environmental, social, and governance (ESG) factors in investment decisions.
The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
C000215027 Performance
Total returns for C000215027 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -18.7% |
| 3 years (annualised) | 11.9% |
C000215027 Risk Information
Risk metrics for C000215027, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.2%
C000215027 Costs and Fees
C000215027 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.97%
- Portfolio turnover: 96%
- Brokerage commissions: 1.29 bps of average net assets (SEC N-CEN)
C000215027 Cashflows
Over the 12 months to 2022-07, Lord Abbett Durable Growth Fund had net inflows of $138.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-07 | $94.13M |
| 2022-06 | $34.62M |
| 2022-05 | $66.15M |
| 2022-04 | −$41.97K |
| 2022-03 | −$1.55M |
| 2022-02 | −$1.26M |
C000215027 Debt Constituents
No individual debt constituents are reported in Lord Abbett Durable Growth Fund's latest SEC N-PORT filing.
C000215027 Prospectus and SEC Filings
Official Lord Abbett Durable Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-02-23
- Prospectus (485BPOS) — filed 2021-02-23
- Prospectus (485BPOS) — filed 2020-03-16
- Portfolio holdings (N-PORT) — filed 2022-09-28
- Portfolio holdings (N-PORT) — filed 2022-06-28
- Portfolio holdings (N-PORT) — filed 2022-03-30
- Annual census (N-CEN) — filed 2022-01-11
- Annual census (N-CEN) — filed 2021-01-13
Related Funds
Other Emerging Markets Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.