Lord Abbett Focused Growth Fund Class R5 (LFGTX)
| 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 | 39.43 |
| YTD Return | -6.92% |
| 1-Year Return | -0.65% |
| 5-Year Return | 33.95% |
| 52-Week Low | 28.53 |
| 52-Week High | 46.15 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Jan 31, 2019 |
About LFGTX
Lord Abbett Focused Growth Fund Class R5 is a mutual fund designed to pursue long-term capital appreciation by investing primarily in the common stocks of U.S. companies exhibiting strong growth potential. With a focused portfolio structure, it typically holds around 33 equities, concentrating a significant portion of assets in industry-leading firms within sectors such as technology, communication services, healthcare, and consumer discretionary. The fund’s top holdings include prominent companies like NVIDIA, Meta Platforms, Amazon.com, Spotify Technology, and Apple, reflecting a bias toward innovative large-cap names driving market growth. The fund aims to outperform broad market benchmarks such as the Russell 1000 Growth Index by selectively targeting stocks with above-average earnings and revenue prospects. Its portfolio exhibits a high weighted average market capitalization and higher-than-average price-to-earnings and price-to-book ratios, characteristic of a growth-oriented investment approach. With an annual portfolio turnover rate indicating active management and a net expense ratio of 0.80%, the fund is structured for retirement accounts, making it suitable for investors seeking targeted exposure to the U.S. large-cap growth segment.
Performance
LFGTX 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% |