Lord Abbett Global Equity R6 (LGCWX)
| Fund Assets | 312.30M |
| Expense Ratio | 0.52% |
| Min. Investment | $0.00 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 0.55% |
| Dividend Growth | -30.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 20.11 |
| YTD Return | 17.01% |
| 1-Year Return | 16.07% |
| 5-Year Return | 60.98% |
| 52-Week Low | 14.83 |
| 52-Week High | 20.16 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Jan 18, 2017 |
About LGCWX
The Lord Abbett Global Equity Fund Class R6 is an actively managed mutual fund focused on achieving long-term capital growth by investing in a diversified portfolio of equity securities from both U.S. and international markets. Managed by Lord Abbett’s experienced investment team, the fund selects companies across all market capitalizations, emphasizing both value and growth investment styles. This approach allows the portfolio to include firms believed to be either undervalued relative to their fundamentals or exhibiting above-average profit growth potential. The fund’s strategy encompasses investments in developed and emerging markets, and it may utilize American Depositary Receipts (ADRs) to access foreign companies. It is designed to serve investors seeking global diversification through a single vehicle and is positioned within the global multi-cap growth fund category. The fund’s broad sector allocation and capacity for active trading enable it to adapt its holdings as market opportunities evolve, contributing to its role as a core global equity holding in diversified portfolios.
Performance
LGCWX had a total return of 16.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.59%.
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
34.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 7.08% |
| NVIDIA Corporation | NVDA | 4.75% |
| Alphabet Inc. | GOOGL | 4.06% |
| Microsoft Corporation | MSFT | 3.86% |
| Amazon.com, Inc. | AMZN | 3.42% |
| Meta Platforms, Inc. | META | 3.01% |
| BAWAG Group AG | BG | 2.14% |
| Accton Technology Corporation | 2345 | 1.96% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.91% |
| Broadcom Inc. | AVGO | 1.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.1073 | Dec 17, 2024 |
| Dec 19, 2023 | $0.1549 | Dec 19, 2023 |
| Dec 20, 2022 | $0.1157 | Dec 20, 2022 |
| Dec 17, 2021 | $2.3401 | Dec 17, 2021 |
| Dec 18, 2020 | $0.7318 | Dec 18, 2020 |
| Dec 18, 2019 | $0.167 | Dec 18, 2019 |