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 Large 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 8.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 19.00%.
