Lord Abbett Global Equity F (LGCFX)
| Fund Assets | 279.13M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.46% |
| Dividend Growth | -31.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 20.02 |
| YTD Return | 20.10% |
| 1-Year Return | 25.32% |
| 5-Year Return | 73.51% |
| 52-Week Low | 14.79 |
| 52-Week High | 20.02 |
| Beta (5Y) | n/a |
| Holdings | 87 |
| Inception Date | Jan 18, 2017 |
About LGCFX
The Lord Abbett Global Equity Fund Class F is an actively managed mutual fund focused on achieving long-term capital growth by investing in a diverse range of equity securities from both U.S. and international companies. Employing a flexible “blend” strategy, the fund targets both growth and value stocks across all market capitalizations, seeking opportunities in companies that are either undervalued relative to their fundamentals or demonstrate strong earnings growth potential. It maintains a robust global orientation, typically ensuring that at least 40% of its assets are invested in non-U.S. equities or in proportion with its benchmark, the MSCI All Country World Index, and usually spreads investments across at least three countries outside the United States. The portfolio may include common and preferred stocks, REITs, and other equity-like instruments, and has the latitude to invest in emerging markets as well as in ETFs. With annual dividends and a net expense ratio that is competitively positioned within its peer group, the fund plays a significant role for investors seeking diversified, worldwide equity exposure within a single investment vehicle.
Performance
LGCFX had a total return of 25.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VHGEX | Vanguard | Vanguard Global Equity Inv | 0.43% |
Top 10 Holdings
30.90% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 4.83% |
| Alphabet Inc. | GOOGL | 4.27% |
| Microsoft Corporation | MSFT | 4.03% |
| Amazon.com, Inc. | AMZN | 3.55% |
| Meta Platforms, Inc. | META | 3.35% |
| BAWAG Group AG | BG | 2.52% |
| MercadoLibre, Inc. | MELI | 2.12% |
| Imperial Brands PLC | IMB | 2.11% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 2.08% |
| Iberdrola, S.A. | IBE | 2.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.0911 | Dec 17, 2024 |
| Dec 19, 2023 | $0.1333 | Dec 19, 2023 |
| Dec 20, 2022 | $0.0908 | Dec 20, 2022 |
| Dec 17, 2021 | $2.3169 | Dec 17, 2021 |
| Dec 18, 2020 | $0.7129 | Dec 18, 2020 |
| Dec 18, 2019 | $0.1507 | Dec 18, 2019 |