Lord Abbett Mid Cap Innovation Growth Fund
Data updated: 2022-10-12
C000223460 — Lord Abbett Mid Cap Innovation Growth Fund. Emerging Markets Real Estate · $8.79M AUM. Holdings, fees, performance and SEC filings.
C000223460 Fund Overview
Lord Abbett Mid Cap Innovation Growth Fund is a US mutual fund managed by Lord Abbett Trust I, 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 Trust I
- Category: Emerging Markets Real Estate
- Assets under management: $8.79M
- 1-year return: -29.9%
- SEC CIK: 0001139819
- SEC series ID: S000070264
- Share class ID: C000223460
C000223460 Investment Objective and Strategy
Lord Abbett Mid Cap Innovation Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lord Abbett Trust I.
Investment objective
The Funds investment objective is to seek capital appreciation.
Principal investment strategy
The Fund invests in equity securities of mid-sized companies that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. A mid-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 Midcap Index. The portfolio management team seeks to invest in the stocks of companies with strong business models, management, and competitive positions that are targeting markets that appear most likely to benefit from increased innovation. The team believes these companies possess revenue and earnings growth potential that can exceed market expectations.
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 Fund may engage in active and frequent trading of its portfolio securities.
The investment team may 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.
C000223460 Performance
Total returns for C000223460 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -29.9% |
C000223460 Risk Information
Risk metrics for C000223460, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.1%
C000223460 Costs and Fees
C000223460 costs about $106 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.06%
- Gross expense ratio: 2.71%
- Portfolio turnover: 58%
- Brokerage commissions: 6.80 bps of average net assets (SEC N-CEN)
C000223460 Cashflows
Over the 12 months to 2022-07, Lord Abbett Mid Cap Innovation Growth Fund had net inflows of $5.47M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-07 | −$80.47K |
| 2022-06 | $81.69K |
| 2022-05 | $1.21M |
| 2022-04 | $427.80K |
| 2022-03 | $949.79K |
| 2022-02 | $637.62K |
C000223460 Debt Constituents
No individual debt constituents are reported in Lord Abbett Mid Cap Innovation Growth Fund's latest SEC N-PORT filing.
C000223460 Prospectus and SEC Filings
Official Lord Abbett Mid Cap Innovation Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
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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.