Lord Abbett Growth Leaders Fund (LGLFX)
| Fund Assets | 8.14B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| 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 | 60.37 |
| YTD Return | 17.96% |
| 1-Year Return | 30.11% |
| 5-Year Return | 70.14% |
| 52-Week Low | 37.97 |
| 52-Week High | 60.75 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Jul 1, 2011 |
About LGLFX
The Lord Abbett Growth Leaders Fund Class F is an actively managed mutual fund focused on capital appreciation through investments in equity securities of both U.S. and foreign companies. With a diversified portfolio across all market capitalizations, the fund emphasizes large-cap growth stocks believed to exhibit strong earnings and revenue growth potential. As of April 2025, it manages assets totaling approximately $6.2 billion and holds around 44 securities, with its top allocations including prominent technology and consumer companies such as NVIDIA, Meta Platforms, Amazon, Netflix, Microsoft, and Apple. The fund invests across a wide range of sectors, including information technology, communication services, and consumer discretionary, among others. Up to 10% of assets may be allocated to foreign or emerging market equities, enhancing global exposure. The strategy involves active and frequent trading, which aims to capitalize on market opportunities, though this may result in higher transaction costs. Managed by Lord, Abbett & Co. LLC, the fund is positioned within the large-growth Morningstar category and is designed for investors seeking exposure to innovative and rapidly expanding industries.
Performance
LGLFX had a total return of 30.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
46.28% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 11.28% |
| Meta Platforms, Inc. | META | 6.91% |
| Amazon.com, Inc. | AMZN | 5.86% |
| Microsoft Corporation | MSFT | 5.12% |
| Netflix, Inc. | NFLX | 3.14% |
| Broadcom Inc. | AVGO | 3.07% |
| Arista Networks Inc | ANET | 2.96% |
| Apple Inc. | AAPL | 2.87% |
| Alphabet Inc. | GOOGL | 2.58% |
| Carvana Co. | CVNA | 2.51% |