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.
Fund Family Lord Abbett
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LGLFX
Share Class Class F
Index Russell 1000 Growth TR
LGLFX had a total return of 3.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.56%.
