Lord Abbett Focused Growth Fund Class R5 (LFGTX)
| Fund Assets | 129.58M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,500 |
| 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 | 43.08 |
| YTD Return | 1.86% |
| 1-Year Return | 28.84% |
| 5-Year Return | 55.10% |
| 52-Week Low | 33.52 |
| 52-Week High | 46.15 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| 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 28.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.14%.
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
55.48% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.57% |
| Alphabet Inc. | GOOGL | 8.20% |
| Apple Inc. | AAPL | 5.59% |
| Amazon.com, Inc. | AMZN | 4.96% |
| Eli Lilly and Company | LLY | 4.80% |
| Comfort Systems USA, Inc. | FIX | 4.46% |
| Meta Platforms, Inc. | META | 3.78% |
| Broadcom Inc. | AVGO | 3.73% |
| GE Vernova Inc. | GEV | 3.24% |
| Microsoft Corporation | MSFT | 3.13% |