LMIYX Fees and Costs — Lord Abbett Micro-Cap Growth Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 1.12%: a 0.90% management fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $393K in broker commissions, 0.2084% of average net assets, and portfolio turnover was 107%.
LMIYX Fees and Expenses
Annual operating expenses and sales charges of LMIYX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.12% |
| Fee waiver | — |
| Net expense ratio | 1.12% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LMIYX Costs Over Time
On $10,000 invested in LMIYX, assuming 5% a year before costs, total costs come to $825 over 5 years, cutting the return by 1.39% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.12%) | $118 | $366 | $632 |
| Trading costs (broker commissions) | $22 | $68 | $118 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $139 | $455 | $825 |
| Value after costs | $10,361 | $11,121 | $11,937 |
| Impact on return, per year | 1.39% | 1.39% | 1.39% |
LMIYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2084%
- Total broker commissions: $393K
- Bought from dealers (principal trades, not a cost): $933.9M
- Portfolio turnover (prospectus): 107%
- Securities on loan, average value: $5.9M
- Net income from securities lending: $79K (0.042% of average net assets)
LMIYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $73K | 25.36% |
| J.P. Morgan Securities LLC | $34K | 11.92% |
| Liquidnet, Inc. | $33K | 11.69% |
| UBS Securities LLC | $26K | 9.23% |
| Goldman Sachs & Co. LLC | $26K | 9.09% |
| Morgan Stanley & Co. LLC | $25K | 8.84% |
| BofA Securities, Inc. | $22K | 7.85% |
| TD Securities (USA) LLC | $16K | 5.70% |
| Barclays Capital Inc. | $15K | 5.21% |
| Evercore Group L.L.C. | $15K | 5.09% |
LMIYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $919.8M | 98.49% |
| J.P. Morgan Securities LLC | $5.8M | 0.62% |
| Morgan Stanley & Co. LLC | $3.5M | 0.38% |
| Stifel, Nicolaus & Company, Incorporated | $1.7M | 0.18% |
| BofA Securities, Inc. | $1.4M | 0.15% |
| Piper Sandler & Co. | $952K | 0.10% |
| Jefferies LLC | $537K | 0.06% |
| TD Securities (USA) LLC | $116K | 0.01% |
| Leerink Partners LLC | $79K | 0.01% |
| Citigroup Global Markets Inc. | $55K | 0.01% |
Lord Abbett Micro-Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LFMGX | Class F | 1.12% | none |
| LMIYX | Class I | 1.12% | none |
| LAMGX | Class A | 1.37% | 5.75% |
| LCMGX | Class C | 2.12% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.