Lord Abbett Growth Leaders Fund Class R5 (LGLUX)
| Fund Assets | 6.88B |
| 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 | 53.16 |
| YTD Return | 7.34% |
| 1-Year Return | 24.85% |
| 5-Year Return | 98.73% |
| 52-Week Low | 37.43 |
| 52-Week High | 54.18 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Jun 30, 2015 |
About LGLUX
The Lord Abbett Growth Leaders Fund Class R5 is an actively managed mutual fund focused on achieving capital appreciation by investing primarily in the equity securities of U.S. companies. Designed with a growth-oriented strategy, the fund targets firms demonstrating robust growth prospects and innovative business models. Its portfolio is relatively concentrated, typically holding around 40-50 positions, featuring notable allocations to leading technology and consumer companies such as NVIDIA, Amazon.com, Microsoft, Alphabet, Meta Platforms, and Apple, among others. The fund’s investment approach emphasizes momentum and aggressive growth, aiming to outperform traditional benchmarks like the Russell 1000 Growth Index over the long term. With total net assets of approximately $6.88 billion as of May 2025 and an expense ratio of 0.65%, it appeals to investors seeking exposure to high-growth U.S. equities across multiple sectors. The Lord Abbett Growth Leaders Fund Class R5 plays a significant role in multi-cap growth fund categories, reflecting broader trends and innovations in the U.S. equity market.
Performance
LGLUX had a total return of 24.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.49% |
| FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 0.99% |
| FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.49% |
| FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.37% |
| FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.74% |
Top 10 Holdings
46.82% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.47% |
| Meta Platforms, Inc. | META | 6.49% |
| Amazon.com, Inc. | AMZN | 5.71% |
| Netflix, Inc. | NFLX | 4.81% |
| Microsoft Corporation | MSFT | 4.29% |
| Apple Inc. | AAPL | 4.21% |
| Spotify Technology S.A. | SPOT | 4.05% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 3.82% |
| Alphabet Inc. | GOOGL | 3.13% |
| CyberArk Software Ltd. | CYBR | 2.85% |