About LGCVX
The Lord Abbett Global Equity Fund Class R5 is a diversified mutual fund designed to pursue long-term capital growth by investing in equity securities from both U.S. and international markets. The fund targets companies across all market capitalizations and sectors, offering broad exposure to developed and emerging markets. Its portfolio blends both value and growth investment styles, seeking firms that are either undervalued or demonstrate above-average earnings growth potential. Notable holdings include industry leaders in technology, consumer discretionary, financials, and communication services, such as Amazon, Alphabet, NVIDIA, and Meta Platforms. The fund routinely manages a broad portfolio, with approximately 90 individual holdings, and follows an actively managed approach, which may include frequent trading. Dividends are distributed annually, and the fund may also invest a portion of its assets in exchange-traded funds. Lord Abbett Global Equity Fund Class R5 plays a significant role for investors seeking diversified global equity exposure, combining opportunities from established and emerging economies while employing rigorous fundamental analysis in its security selection process.
Fund Family Lord Abbett
Category World Large-Stock Blend
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LGCVX
Share Class Class R5
Index MSCI AC World NR USD
LGCVX had a total return of 15.67% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.98%.
