About LGLQX
The Lord Abbett Growth Leaders Fund Class R2 is a mutual fund designed to pursue long-term capital appreciation by primarily investing in the equity securities of U.S. companies, with occasional exposure to foreign markets. The fund focuses on large-cap firms that demonstrate strong growth prospects, typically favoring stocks characterized by high earnings and revenue growth rates. As of early 2025, its portfolio includes approximately 49 holdings, with significant allocations to major technology and consumer-focused companies such as NVIDIA, Meta Platforms, Amazon.com, Apple, and Alphabet. Sector allocations span key industries including information technology, consumer discretionary, health care, and communication services. With a total net asset value exceeding $7 billion, the fund maintains an annual gross expense ratio of 1.25% and distributes dividends annually. Managed by a team of investment professionals, the Lord Abbett Growth Leaders Fund Class R2 plays a role in offering investors broad exposure to dynamic sectors within the U.S. equity market, particularly those companies poised for above-average growth within rapidly evolving industries.
Fund Family Lord Abbett
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LGLQX
Share Class Class R2
Index Russell 1000 Growth TR
LGLQX had a total return of 6.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.85%.
