About LFGFX
The Lord Abbett Focused Growth Fund Class F is a mutual fund designed to provide long-term capital growth by primarily investing in the stocks of U.S. companies that demonstrate above-average, long-term growth potential. Managed by an experienced investment team, the fund typically maintains a concentrated portfolio, with recent allocations featuring approximately 31 holdings and nearly half of the portfolio’s assets in its top ten positions. Its investments span a variety of sectors, including information technology, communication services, consumer discretionary, health care, and more, with significant exposure to innovative and market-leading companies such as NVIDIA, Meta Platforms, Amazon.com, and Microsoft. The fund benchmarks its performance against indices like the Russell 1000 Growth Index and the S&P 500, aiming to harness growth trends within large-cap equities. With an annual net expense ratio of 0.80%, the Lord Abbett Focused Growth Fund Class F is structured to appeal to investors seeking focused growth strategies across dynamic sectors of the U.S. economy, while adhering to a disciplined investment process and active management style.
Fund Family Lord Abbett
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol LFGFX
Share Class Class F
Index Russell 1000 Growth TR
LFGFX had a total return of 29.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 20.34%.