Lord Abbett Developing Growth Fund (LADVX)
Lord Abbett Developing Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Jersey City, NJ, US. The stock last traded at $39.34, down 0.05% on the session, giving a market capitalisation of $2.37B. On trailing twelve-month figures it carries a trailing P/E of -13.80, a net margin of -867.5%. Its beta of 1.55 implies it has historically moved more than the broad market.
The Fund seeks long-term growth of capital through a diversified and actively managed portfolio consisting of developing growth companies, many of which are traded over the counter. The Fund invests at least 65% of its net assets in equity securities of small companies within the range of Russell 2000 Index.
Lord Abbett Developing Growth Fund is most often compared with the following Financial Services names: