Lord Abbett Focused Growth Fund Class R3 (LFGQX)
| Fund Assets | 147.66M |
| Expense Ratio | 1.30% |
| Min. Investment | $0.00 |
| 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 | 37.02 |
| YTD Return | -9.36% |
| 1-Year Return | 18.78% |
| 5-Year Return | 42.83% |
| 52-Week Low | 27.58 |
| 52-Week High | 44.49 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Jan 31, 2019 |
About LFGQX
Lord Abbett Focused Growth Fund Class R3 is a mutual fund designed to pursue long-term capital appreciation by concentrating its investments primarily in equities of U.S. companies. The fund employs a focused approach, typically holding a relatively small number of positions—approximately 34 as of early 2025—allowing it to emphasize high-conviction ideas within the large growth segment. Its portfolio is dominated by leading names in technology, communication services, and consumer discretionary sectors, with significant allocations to companies such as NVIDIA, Amazon, Meta Platforms, and Microsoft. The fund may also invest up to 20% of assets in foreign securities, including emerging markets and American Depositary Receipts, providing additional diversification. Lord Abbett Focused Growth Fund Class R3 serves investors seeking exposure to innovative and growth-oriented companies that can potentially lead market trends. The fund is actively managed and features an annual dividend distribution, with a net expense ratio that is above the category average, reflecting its focused and research-intensive strategy.
Performance
LFGQX had a total return of 18.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.84%.
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% |