About LGLRX
Lord Abbett Growth Leaders Fund Class R3 is an actively managed mutual fund focused on achieving capital appreciation by investing in the equity securities of U.S. and foreign companies across all market capitalizations. With a portfolio of approximately 47 holdings as of March 2025, the fund strategically targets sectors expected to demonstrate strong growth, including information technology, communication services, consumer discretionary, and health care. Notable holdings consist of leading innovators such as NVIDIA, Meta Platforms, Amazon.com, and Apple, underscoring the fund’s emphasis on companies with high growth rates in earnings and sales.
Designed to serve retirement accounts with competitive expense ratios, the fund is managed by a seasoned team employing active and frequent trading strategies. This approach facilitates dynamic allocation to capture evolving growth trends, though it may result in higher transaction costs. Since its inception in 2011, Lord Abbett Growth Leaders Fund Class R3 has aimed to outperform broader market indices and large-cap growth benchmarks by identifying and investing in companies positioned for above-average growth within rapidly expanding industries.
Fund Family Lord Abbett
Category Multi-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LGLRX
Share Class Class R3
Index Russell 1000 Growth TR
LGLRX had a total return of 1.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.80%.
