Lord Abbett Growth Leaders Fund Class R6 (LGLVX)
| Fund Assets | 6.88B |
| Expense Ratio | 0.59% |
| 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 | 53.65 |
| YTD Return | 7.40% |
| 1-Year Return | 24.97% |
| 5-Year Return | 99.44% |
| 52-Week Low | 37.75 |
| 52-Week High | 54.67 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Jun 30, 2015 |
About LGLVX
Lord Abbett Growth Leaders Fund Class R6 is an actively managed mutual fund designed to seek capital appreciation by investing primarily in equity securities of both U.S. and foreign companies across a wide range of market capitalizations. The fund distinguishes itself through a focus on identifying innovative and high-growth companies, with a significant allocation toward large-cap leaders in sectors like information technology, communication services, and consumer discretionary. As of early 2025, the fund maintains a concentrated portfolio, holding around 49 stocks, with top positions in companies such as NVIDIA, Meta Platforms, Amazon.com, Apple, and Netflix. Its sector allocations and portfolio holdings are subject to ongoing change as the management team seeks to capitalize on evolving market opportunities. With total net assets nearing $7 billion and an annual net expense ratio of 0.59%, the fund appeals to investors seeking growth potential from industry-leading and disruptive firms. Managed by a seasoned team, the fund plays a significant role in the multi-cap growth category and is structured to serve retirement and institutional accounts, offering annual dividends and a competitive cost profile relative to similar funds.
Performance
LGLVX had a total return of 24.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.23%.
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% |