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.
Fund Family Lord Abbett
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LGLVX
Share Class Class R6
Index Russell 1000 Growth TR
LGLVX had a total return of 6.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.63%.
