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.
Fund Family Lord Abbett
Category Multi-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LGLUX
Share Class Class R5
Index Russell 1000 Growth TR
LGLUX had a total return of 2.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.38%.
