Lord Abbett Focused Growth Fund Class R6 (LFGVX)
| Fund Assets | 120.25M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000,000 |
| Turnover | 122.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 39.70 |
| YTD Return | 8.41% |
| 1-Year Return | 29.97% |
| 5-Year Return | 109.26% |
| 52-Week Low | 26.69 |
| 52-Week High | 40.76 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Jan 31, 2019 |
About LFGVX
Lord Abbett Focused Growth Fund Class R6 is an actively managed mutual fund designed to achieve long-term capital growth by investing primarily in stocks of U.S. companies. The fund maintains a focused portfolio, typically holding a limited number of growth-oriented companies, with just 31 holdings as of May 2025 and a weighted average market capitalization exceeding $1 trillion. This concentrated approach allows the fund to emphasize high-conviction investments in sectors and companies with strong growth potential. The fund’s share class, R6, is tailored for institutional investors and features relatively low fees, with a net expense ratio of 0.70% as of May 2025, benefiting from contractual fee waivers. With its emphasis on high-quality, innovative businesses, the Lord Abbett Focused Growth Fund Class R6 serves investors seeking exposure to leading names in the U.S. growth equity market, while aiming for long-term appreciation through disciplined stock selection and active management.
Performance
LFGVX had a total return of 29.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.45%.
Top 10 Holdings
51.18% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.61% |
| Meta Platforms, Inc. | META | 6.84% |
| Amazon.com, Inc. | AMZN | 5.81% |
| Spotify Technology S.A. | SPOT | 5.25% |
| Netflix, Inc. | NFLX | 5.03% |
| Palantir Technologies Inc. | PLTR | 4.34% |
| Apple Inc. | AAPL | 4.28% |
| MercadoLibre, Inc. | MELI | 4.24% |
| Microsoft Corporation | MSFT | 4.15% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 3.61% |