LHCAX: Lord Abbett Health Care A

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LHCAX Lord Abbett Health Care A


Profile

LHCAX - Profile

Vitals

  • YTD Return 5.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.88 M
  • Holdings in Top 10 32.2%

52 WEEK LOW AND HIGH

$17.06
$12.25
$17.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 9.00%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,500
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lord Abbett Health Care Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jul 31, 2019
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Devesh Karandikar

Fund Description

Under normal conditions, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity and equity-related securities of health care-related companies. The Advisor considers health care-related companies to be those companies that operate in, or are related to, the major subsectors of the health care sector, including pharmaceuticals, biotechnology, health care technology, life sciences tools and services, health care equipment and supplies, and health care providers and services.


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Categories

Performance

LHCAX - Performance

Return Ranking - Trailing

Period LHCAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -10.3% 9.9% 20.77%
1 Yr N/A -16.2% 27.8% N/A
3 Yr N/A* -12.9% 25.6% N/A
5 Yr N/A* -11.7% 10.6% N/A
10 Yr N/A* -1.8% 16.8% N/A

* Annualized

Return Ranking - Calendar

Period LHCAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 5.7% 55.4% N/A
2018 N/A -25.3% 21.5% N/A
2017 N/A -10.8% 43.9% N/A
2016 N/A -31.6% 6.9% N/A
2015 N/A -20.4% 13.8% N/A

Total Return Ranking - Trailing

Period LHCAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% -10.3% 9.9% 20.77%
1 Yr N/A -16.2% 27.8% N/A
3 Yr N/A* -12.9% 28.8% N/A
5 Yr N/A* -11.7% 13.2% N/A
10 Yr N/A* -1.8% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period LHCAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 5.7% 55.4% N/A
2018 N/A -25.3% 22.2% N/A
2017 N/A -10.8% 45.8% N/A
2016 N/A -26.4% 8.7% N/A
2015 N/A -16.6% 15.2% N/A

NAV & Total Return History


Holdings

LHCAX - Holdings

Concentration Analysis

LHCAX Category Low Category High LHCAX % Rank
Net Assets 3.88 M 1.97 M 45.8 B 91.54%
Number of Holdings 80 28 387 53.08%
Net Assets in Top 10 1.02 M 141 K 16.9 B 91.54%
Weighting of Top 10 32.16% 21.6% 78.5% 84.62%

Top 10 Holdings

  1. Merck & Co Inc 4.67%
  2. Novo Nordisk A/S B 3.93%
  3. Vertex Pharmaceuticals Inc 3.87%
  4. Abbott Laboratories 3.76%
  5. AstraZeneca PLC 3.37%
  6. Zoetis Inc Class A 2.60%
  7. Amgen Inc 2.60%
  8. UnitedHealth Group Inc 2.59%
  9. CVS Health Corp 2.44%
  10. Danaher Corp 2.34%

Asset Allocation

Weighting Return Low Return High LHCAX % Rank
Stocks
100.00% 58.15% 100.11% 3.85%
Preferred Stocks
0.00% 0.00% 2.47% 45.38%
Other
0.00% -2.07% 13.00% 61.54%
Convertible Bonds
0.00% 0.00% 0.00% 33.08%
Cash
0.00% 0.00% 41.85% 93.85%
Bonds
0.00% 0.00% 15.06% 40.00%

Stock Sector Breakdown

Weighting Return Low Return High LHCAX % Rank
Healthcare
98.53% 61.99% 100.00% 80.00%
Financial Services
1.47% 0.00% 1.75% 3.85%
Utilities
0.00% 0.00% 0.00% 33.08%
Technology
0.00% 0.00% 15.32% 40.77%
Real Estate
0.00% 0.00% 6.65% 41.54%
Industrials
0.00% 0.00% 3.92% 36.15%
Energy
0.00% 0.00% 0.33% 33.85%
Communication Services
0.00% 0.00% 5.13% 36.92%
Consumer Defense
0.00% 0.00% 34.06% 36.15%
Consumer Cyclical
0.00% 0.00% 1.12% 36.92%
Basic Materials
0.00% 0.00% 2.08% 42.31%

Stock Geographic Breakdown

Weighting Return Low Return High LHCAX % Rank
US
81.28% 49.84% 98.57% 33.85%
Non US
18.72% 0.00% 42.15% 40.00%

Expenses

LHCAX - Expenses

Operational Fees

LHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 9.00% 0.10% 9.84% 3.15%
Management Fee 0.62% 0.09% 1.30% 23.08%
12b-1 Fee 0.25% 0.00% 1.00% 27.40%
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

LHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 34.62%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LHCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 5.00% 341.00% 7.87%

Distributions

LHCAX - Distributions

Dividend Yield Analysis

LHCAX Category Low Category High LHCAX % Rank
Dividend Yield 0.00% 0.00% 5.22% 37.69%

Dividend Distribution Analysis

LHCAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

LHCAX Category Low Category High LHCAX % Rank
Net Income Ratio -0.36% -2.24% 2.12% 66.93%

Capital Gain Distribution Analysis

LHCAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LHCAX - Fund Manager Analysis

Managers

Devesh Karandikar


Start Date

Tenure

Tenure Rank

Jan 31, 2019

1.25

1.3%

Devesh Karandikar, Portfolio Manager, heads the Fund’s team.

Matthew DeCicco


Start Date

Tenure

Tenure Rank

Jan 31, 2019

1.25

1.3%

Mr. DeCicco is a holder of a Chartered Financial Analyst designation and joined Lord Abbett in 1999. He has been a member of the team since 2002 and assumed Portfolio Manager in 2015.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.26 22.64 10.09 20.01