Lord Abbett Focused Growth Fund Class A (LFGAX)
| Fund Assets | 152.88M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,500 |
| Turnover | 84.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 41.03 |
| YTD Return | -6.97% |
| 1-Year Return | -0.96% |
| 5-Year Return | 31.12% |
| 52-Week Low | 29.75 |
| 52-Week High | 48.05 |
| Beta (5Y) | 1.26 |
| Holdings | 33 |
| Inception Date | Jan 31, 2019 |
About LFGAX
The Lord Abbett Focused Growth Fund Class A is an actively managed mutual fund aimed at achieving long-term capital growth. Its primary strategy involves investing in a concentrated portfolio of equity securities from U.S. companies that are identified by the portfolio management team as having above-average, long-term growth potential. The fund typically holds a select number of positions—around 31 as of May 2025—emphasizing high-conviction investments in sectors like technology and consumer discretionary. Notable holdings include major innovators such as NVIDIA, Meta Platforms, Amazon, Netflix, and Microsoft, reflecting a focus on companies that are shaping contemporary market trends and technological advancements. With a minimum initial investment requirement of $1,500 and an annual net expense ratio of 1.05%, the fund is structured for investors seeking concentrated exposure to growth-oriented stocks. The Lord Abbett Focused Growth Fund Class A plays a significant role in the market for those looking to tap into the potential of leading and rapidly growing U.S. enterprises, while balancing portfolio diversity through its selective investment approach.
Performance
LFGAX had a total return of -0.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.71% |
| FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 1.21% |
| FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.71% |
| FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.60% |
| FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.96% |
Top 10 Holdings
54.54% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 11.65% |
| Alphabet Inc. | GOOGL | 7.56% |
| Microsoft Corporation | MSFT | 6.91% |
| Amazon.com, Inc. | AMZN | 6.06% |
| Broadcom Inc. | AVGO | 4.80% |
| Meta Platforms, Inc. | META | 3.91% |
| Apple Inc. | AAPL | 3.76% |
| Arista Networks, Inc. | ANET | 3.50% |
| Shopify Inc. | SHOP | 3.26% |
| Carvana Co. | CVNA | 3.12% |