About LGLCX
The Lord Abbett Growth Leaders Fund Class C is an actively managed mutual fund designed to seek capital appreciation by investing in equity securities of both U.S. and foreign companies spanning the full range of market capitalizations. Characterized by its focus on companies with strong growth potential, the fund strategically allocates assets among industry leaders that demonstrate robust revenue and earnings growth. Its portfolio, as of mid-2025, is notably concentrated in technology and communication services sectors, with top holdings including major global names such as NVIDIA, Meta Platforms, Amazon.com, Netflix, Microsoft, and Apple.
The fund typically maintains a diversified portfolio with around 43 holdings, favoring companies at the forefront of innovation. It is managed by an experienced investment team employing rigorous research and frequent trading, reflected in its relatively high portfolio turnover. With total net assets approaching $7 billion and an expense ratio of 1.65%, the fund plays a significant role in the large growth category. Its annual dividend distribution and focus on capital growth make it a notable choice for investors seeking exposure to dynamic, growth-oriented enterprises shaping the modern economy.
Fund Family Lord Abbett
Category Multi-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LGLCX
Share Class Class C
Index Russell 1000 Growth TR
LGLCX had a total return of 6.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.46%.
