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.
Fund Family Lord Abbett
Category Multi-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LFGTX
Share Class Class R5
Index Russell 1000 Growth TR
LFGTX had a total return of 3.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.53%.
