Lord Abbett Focused Growth Fund Class I (LFGIX)
| Fund Assets | 152.88M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| 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 | 39.45 |
| YTD Return | -6.92% |
| 1-Year Return | -0.65% |
| 5-Year Return | 33.99% |
| 52-Week Low | 28.54 |
| 52-Week High | 46.16 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Jan 31, 2019 |
About LFGIX
The Lord Abbett Focused Growth Fund Class I is an actively managed mutual fund specializing in U.S. equities with strong growth prospects. Its primary objective is to achieve long-term capital appreciation by investing in a concentrated portfolio, typically holding around 31 stocks, allowing the management team to focus on their highest conviction ideas. The fund predominantly allocates its assets to large-cap growth companies, often featuring significant positions in the technology, communication services, and consumer sectors. Notable holdings include leading industry names such as NVIDIA, Microsoft, Amazon.com, and Meta Platforms, reflecting the fund’s emphasis on innovation-driven and high-growth businesses. Designed for institutional investors, this share class requires a high minimum investment and features a competitive net expense ratio. The Lord Abbett Focused Growth Fund Class I plays a significant role in the market by providing targeted exposure to a curated set of U.S. growth equities, aiming to outperform broader market benchmarks through an active, selective investment approach.
Performance
LFGIX had a total return of -0.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.69%.
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% |