LICTX: Lord Abbett International Equity R5

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LICTX Lord Abbett International Equity R5


Profile

LICTX - Profile

Vitals

  • YTD Return -14.1%
  • 3 Yr Annualized Return -3.3%
  • 5 Yr Annualized Return N/A
  • Net Assets $332 M
  • Holdings in Top 10 24.5%

52 WEEK LOW AND HIGH

$11.79
$9.47
$14.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 88.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -14.1%
  • 3 Yr Annualized Total Return -1.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.68%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lord Abbett International Equity Fund
  • Fund Family Name
    Lord Abbett
  • Inception Date
    Jun 30, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Jacobson

Fund Description

The fund invests a majority of its assets in a diversified portfolio of equity securities of large foreign companies that the portfolio managers believe are undervalued. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities. A large company is defined as a company included among the largest 80% of companies in terms of market capitalization at the time of investment in the MSCI ACWI ex USA® Index.


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Categories

Performance

LICTX - Performance

Return Ranking - Trailing

Period LICTX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -54.7% 772.6% 31.46%
1 Yr -5.1% -50.9% 823.9% 24.25%
3 Yr -3.3%* -21.7% 108.6% 35.49%
5 Yr N/A* -15.8% 55.2% 33.33%
10 Yr N/A* -5.7% 6.4% 24.32%

* Annualized

Return Ranking - Calendar

Period LICTX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -19.9% 38.8% 42.04%
2018 -20.0% -50.2% 0.0% 65.06%
2017 22.6% -2.4% 38.4% 54.85%
2016 -3.9% -23.2% 14.4% 81.79%
2015 N/A -47.4% 6.8% N/A

Total Return Ranking - Trailing

Period LICTX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.1% -54.7% 772.6% 31.46%
1 Yr -5.1% -50.9% 823.9% 24.25%
3 Yr -1.8%* -21.7% 108.6% 27.23%
5 Yr N/A* -15.8% 55.2% 56.29%
10 Yr N/A* -5.7% 6.9% 54.64%

* Annualized

Total Return Ranking - Calendar

Period LICTX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -19.9% 38.8% 42.04%
2018 -18.0% -50.2% 0.0% 61.18%
2017 25.3% -0.1% 38.4% 43.14%
2016 -1.5% -10.2% 14.4% 71.04%
2015 N/A -28.8% 7.7% N/A

NAV & Total Return History


Holdings

LICTX - Holdings

Concentration Analysis

LICTX Category Low Category High LICTX % Rank
Net Assets 332 M 608 K 371 B 61.79%
Number of Holdings 88 1 9202 59.24%
Net Assets in Top 10 75.3 M 0 38.8 B 60.46%
Weighting of Top 10 24.50% 5.0% 100.0% 50.34%

Top 10 Holdings

  1. Alibaba Group Holding Ltd ADR 3.55%
  2. Tencent Holdings Ltd 2.96%
  3. Nestle SA 2.92%
  4. Samsung Electronics Co Ltd 2.26%
  5. AIA Group Ltd 2.26%
  6. Taiwan Semiconductor Manufacturing Co Ltd ADR 2.21%
  7. Sony Corp 2.18%
  8. Lonza Group Ltd 2.16%
  9. Toyota Motor Corp 2.16%
  10. LVMH Moet Hennessy Louis Vuitton SE 1.84%

Asset Allocation

Weighting Return Low Return High LICTX % Rank
Stocks
100.00% 0.00% 105.75% 7.20%
Preferred Stocks
0.00% 0.00% 1.92% 70.92%
Other
0.00% -6.16% 48.08% 80.84%
Convertible Bonds
0.00% 0.00% 2.21% 66.30%
Cash
0.00% -91.67% 100.00% 92.26%
Bonds
0.00% -0.05% 61.46% 68.75%

Stock Sector Breakdown

Weighting Return Low Return High LICTX % Rank
Financial Services
17.11% 0.00% 26.57% 42.60%
Technology
15.81% 0.00% 39.35% 13.70%
Healthcare
13.58% 0.00% 30.02% 54.93%
Industrials
12.99% 4.01% 34.33% 54.66%
Consumer Cyclical
10.10% 2.80% 23.14% 42.60%
Consumer Defense
9.65% 3.05% 30.68% 74.25%
Basic Materials
7.44% 0.00% 14.86% 32.05%
Communication Services
5.13% 0.00% 30.04% 84.11%
Real Estate
2.98% 0.00% 11.17% 40.27%
Energy
2.79% 0.00% 19.78% 66.71%
Utilities
2.41% 0.00% 12.82% 62.60%

Stock Geographic Breakdown

Weighting Return Low Return High LICTX % Rank
Non US
96.97% 0.00% 120.71% 30.98%
US
3.03% -14.96% 19.03% 33.02%

Expenses

LICTX - Expenses

Operational Fees

LICTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.02% 19.39% 64.85%
Management Fee 0.70% 0.00% 1.35% 53.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 1.00% 8.20%

Sales Fees

LICTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LICTX 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.

LICTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 88.00% 0.00% 344.00% 86.41%

Distributions

LICTX - Distributions

Dividend Yield Analysis

LICTX Category Low Category High LICTX % Rank
Dividend Yield 0.00% 0.00% 6.16% 68.47%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LICTX Category Low Category High LICTX % Rank
Net Income Ratio 1.68% -1.71% 11.59% 68.66%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

LICTX - Fund Manager Analysis

Managers

Todd Jacobson


Start Date

Tenure

Tenure Rank

Jul 31, 2017

2.75

2.8%

Todd D. Jacobson, Partner and Portfolio Manager, heads the Fund’s team. Mr. Jacobson joined Lord Abbett in 2003 and was named Partner in 2013. His prior experience includes: Head of Japanese Equities and Associate Portfolio Manager at Warburg Pincus Asset Management/CSAM; Japan Equity Analyst and Portfolio Manager, Fixed Income at Brown Brothers Harriman & Co; Equity Analyst at Value Line, Inc.; and Financial Analyst at Metropolitan Life Insurance Company. Mr. Jacobson received a BA from the State University of New York at Binghamton and an MBA the University of Pennsylvania. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1988.

Matthias Knerr


Start Date

Tenure

Tenure Rank

Mar 01, 2019

1.17

1.2%

Matthias Knerr, CFA is a Senior Portfolio Manager for Rivington Select International Equity by WHV, focusing on the innovation and expansion stages of Rivington’s proprietary life cycle investment process and holding final decision-making authority on all investment decisions. He brings 20 years of investing experience to the team, most recently as the CIO of Global Equities at Victory Capital where he was also the lead manager on five investment strategies: Victory International Fund, Victory International Select, Global Equity, Global Select, and Global Select Long/Short. Additionally, Mr. Knerr served in various capacities at Deutsche Asset Management including lead manager of the DWS International and DWS International Select Equity strategies, co-manager of the Deutsche Global Select Equity portfolio and the Bankers Trust European Equity Fund, and as global head of industrials research. He has a BS in Finance and International Business from Penn State University and holds the Chartered Financial Analyst designation. Mr. Knerr joined Lord Abbett in 2018 and has been a member of the team since 2019. Mr. Knerr was formerly a Senior Portfolio Manager at Shelton Capital Management from 2014 to 2018 and a Senior Portfolio Manager at Victory Capital Management from 2008 to 2014.

Sue Kim


Start Date

Tenure

Tenure Rank

Oct 14, 2019

0.55

0.6%

Sue Kim, Deputy Director and Global Equity Research, joined Lord Abbett in 2015. Ms. Kim was formerly a Managing Director at Harbor Bridge Capital Management, LP from 2014 to 2015 and a Managing Director at Asian Century Quest Capital LLC from 2005 to 2013.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 28.27 5.44 1.0