About LGLSX
Lord Abbett Growth Leaders Fund Class R4 is an actively managed mutual fund focused on seeking capital appreciation through investments in equity securities. The fund targets both U.S. and foreign companies across all market capitalizations, with an emphasis on firms demonstrating strong growth potential. It typically maintains a concentrated portfolio, recently holding around 43 stocks, and invests in a mix of large, innovative technology and consumer companies. Major positions have included leading names such as NVIDIA, Meta Platforms, Amazon.com, Microsoft, and Apple, highlighting its focus on sectors like information technology and communication services.
With an inception date of June 30, 2015, the fund has grown to manage approximately $6.9 billion in assets. It engages in active and frequent trading, which can result in higher transaction costs but may help capture dynamic growth opportunities. The fund is designed for investors seeking exposure to growth-oriented equities and is managed with a moderate expense ratio relative to its peers in the multi-cap growth category. By investing in both established and emerging companies, the fund plays a significant role in portfolios aiming to benefit from long-term equity market growth trends.
Fund Family Lord Abbett
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LGLSX
Share Class Class R4
Index Russell 1000 Growth TR
LGLSX had a total return of 1.83% in the past year, including dividends. Since the fund's
inception, the average annual return has been 22.60%.
