Lord Abbett Innovation Growth A USD Acc

Performance History30/04/2024
Growth of 1,000 (EUR)
Lord Abbett Innovation Growth A USD Acc
Fund59.315.7-35.227.213.5
+/-Cat35.2-14.3-9.5-2.54.4
+/-Idx34.4-20.1-7.9-8.03.1
 
Key Stats
NAV
23/05/2024
 USD 31.24
Day Change -0.06%
Morningstar Category™ US Large-Cap Growth Equity
ISIN IE00BYZRLD33
Fund Size (Mil)
23/05/2024
 USD 174.09
Share Class Size (Mil)
23/05/2024
 USD 123.76
Max Initial Charge 5.00%
Ongoing Charge
06/09/2023
  1.80%
Morningstar Research
Analyst Report01/05/2024
Drew Carter, Analyst
Morningstar, Inc

The Lord Abbett Growth Equity strategy offers experienced leaders and a stabilizing analyst team, but its aggressive, momentum-driven approach limits its potential to outperform on a risk-adjusted basis. It continues to earn Morningstar Analyst...

Click here to read this analyst report
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: Lord Abbett Innovation Growth A USD Acc
The investment objective of the Fund is to seek capital appreciation.
Returns
Trailing Returns (EUR)23/05/2024
YTD18.67
3 Years Annualised6.06
5 Years Annualised14.60
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Matthew DeCicco
02/03/2016
Vernon Bice
02/03/2016
Click here to see others
Inception Date
02/03/2016
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Benchmarks
Fund BenchmarkMorningstar Benchmark
Russell 1000 Growth TR USDMorningstar US LM Brd Growth NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Lord Abbett Innovation Growth A USD Acc30/04/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stocks99.100.0099.10
Bonds0.000.000.00
Cash0.900.000.90
Other0.000.000.00
Top 5 Regions%
United States97.83
Latin America2.17
Canada0.00
United Kingdom0.00
Eurozone0.00
Top 5 Sectors%
Technology47.03
Communication Services14.41
Healthcare13.33
Consumer Cyclical11.48
Industrials8.91
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology9.50
Microsoft CorpTechnologyTechnology7.07
Amazon.com IncConsumer CyclicalConsumer Cyclical5.50
Alphabet Inc Class ACommunication ServicesCommunication Services4.53
Meta Platforms Inc Class ACommunication ServicesCommunication Services3.42
Lord Abbett Innovation Growth A USD Acc
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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