Lord Abbett Micro Cap Growth Fund (LMIYX)
Lord Abbett Micro Cap Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Jersey City, NJ, US. The stock last traded at $32.20, up 1.48% on the session, giving a market capitalisation of $233.1M. Its beta of 1.54 implies it has historically moved more than the broad market.
The fund primarily focuses its investments, committing at least 80% of its total capital (including any leveraged funds), to the stock market of smaller capitalization companies. Its investment approach involves a thorough fundamental analysis to pinpoint micro-cap enterprises that exhibit a strong potential for expansion at a rate faster than the broader economy.
Lord Abbett Micro Cap Growth Fund is most often compared with the following Financial Services names: