Lord Abbett Focused Growth Fund Class C (LFGCX)
| Fund Assets | 147.66M |
| Expense Ratio | 1.80% |
| 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 | 35.61 |
| YTD Return | -9.47% |
| 1-Year Return | 18.20% |
| 5-Year Return | 39.29% |
| 52-Week Low | 26.66 |
| 52-Week High | 42.89 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Jan 31, 2019 |
About LFGCX
The Lord Abbett Focused Growth Fund Class C is an actively managed mutual fund designed to pursue long-term capital appreciation by investing primarily in equities of U.S. companies. The fund utilizes a concentrated portfolio approach, typically holding around 31 stocks, focusing on firms that management believes offer strong growth prospects. Its investment universe is largely composed of large-cap growth companies, favoring leading technology and consumer services firms such as NVIDIA, Meta Platforms, Amazon, and Microsoft, among others. The fund’s strategy results in a portfolio with a high weighted average market capitalization and a significant concentration in the technology and communication sectors. Benchmarked against the Russell 1000 Growth Index and the S&P 500 Index, the fund seeks to outperform broader market measures through active security selection and sector allocation. With a gross expense ratio of 2.20% and a net expense ratio of 1.80%, the fund is positioned within the higher expense tier among its peers. The portfolio’s relatively high turnover indicates an active investment style, and the fund typically accrues dividends daily but pays them annually. Launched in 2019, the Lord Abbett Focused Growth Fund Class C serves investors seeking exposure to a concentrated mix of U.S. growth equities managed with a disciplined, high-conviction approach.
Performance
LFGCX had a total return of 18.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.26%.
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
55.67% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 14.17% |
| Alphabet Inc. | GOOGL | 8.34% |
| Amazon.com, Inc. | AMZN | 7.31% |
| Microsoft Corporation | MSFT | 6.31% |
| Apple Inc. | AAPL | 3.66% |
| Broadcom Inc. | AVGO | 3.63% |
| Comfort Systems USA, Inc. | FIX | 3.34% |
| Eli Lilly and Company | LLY | 3.01% |
| Natera, Inc. | NTRA | 2.97% |
| argenx SE | ARGX | 2.95% |