LADVX

About LADVX

Lord Abbett Developing Growth Fund Inc. Class R6 is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in the equity securities of small U.S. companies. The fund targets firms that are believed to be in the "developing growth" phase—a stage characterized by rapid expansion following their start-up period, typically offering growth potential not commonly found in more mature businesses. Leveraging in-depth research and stock selection, the fund seeks companies with above-average, long-term growth prospects, as identified by its portfolio management team. Covering diverse sectors such as information technology, healthcare, industrials, consumer discretionary, and more, the portfolio maintains broad exposure across the small-cap growth universe. Class R6 shares are structured for retirement plans and institutional investors, featuring a competitive expense ratio. The fund’s strategy results in a relatively high turnover rate, reflecting its dynamic approach to capturing opportunities in the small-cap segment. By focusing on early-stage growth companies, Lord Abbett Developing Growth Fund Inc. Class R6 plays a distinct role for investors seeking diversified access to emerging leaders within the U.S. small-cap equity market.