Lord Abbett Growth Leaders Fund (LGLAX)
| Fund Assets | 6.88B |
| Expense Ratio | 0.90% |
| Min. Investment | $1,500 |
| Turnover | 94.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 51.63 |
| YTD Return | 9.44% |
| 1-Year Return | 30.92% |
| 5-Year Return | 87.40% |
| 52-Week Low | 35.60 |
| 52-Week High | 51.70 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Jul 1, 2011 |
About LGLAX
The Lord Abbett Growth Leaders Fund Class A is an actively managed mutual fund that focuses on achieving long-term capital appreciation. It invests primarily in equity securities of both U.S. and foreign companies, selecting firms across all market capitalizations that the management team identifies as demonstrating above-average, sustained growth potential. The fund’s strategy is rooted in fundamental analysis and bottom-up stock picking, seeking out leading businesses in dynamic sectors such as technology, healthcare, and consumer services. Key holdings often include prominent growth-oriented companies like NVIDIA, Microsoft, Amazon.com, and Alphabet, underscoring the fund’s orientation toward industry leaders and innovators. With a diversified portfolio—typically holding around 49 to 51 stocks—and a policy of maintaining at least 50% of its assets in companies within the market capitalization range of the Russell 1000 Index, the fund benchmarks its performance to indices such as the Russell 1000 Growth Index. The Lord Abbett Growth Leaders Fund Class A plays a significant role for investors seeking exposure to large growth stocks and companies at the forefront of market innovation and expansion.
Performance
LGLAX had a total return of 30.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.49% |
| FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 0.99% |
| FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.49% |
| FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.37% |
| FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.74% |
Top 10 Holdings
46.82% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.47% |
| Meta Platforms, Inc. | META | 6.49% |
| Amazon.com, Inc. | AMZN | 5.71% |
| Netflix, Inc. | NFLX | 4.81% |
| Microsoft Corporation | MSFT | 4.29% |
| Apple Inc. | AAPL | 4.21% |
| Spotify Technology S.A. | SPOT | 4.05% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 3.82% |
| Alphabet Inc. | GOOGL | 3.13% |
| CyberArk Software Ltd. | CYBR | 2.85% |