About LGOQX
Lord Abbett Growth Opportunities Fund Class R2 is an actively managed mutual fund that primarily targets long-term capital appreciation by investing in mid-sized U.S. companies. With a focus on the mid-cap growth segment, the fund seeks out firms with above-average earnings prospects, providing investors exposure to dynamic industries such as technology, healthcare, and industrials. As of the latest data, the fund held approximately 68 diverse equity positions, with its top holdings featuring companies like Palantir Technologies, Spotify Technology, and Axon Enterprise, reflecting a concentration in innovative and high-growth sectors.
The fund may also allocate a small portion of assets to international companies, including emerging markets, offering additional diversification. Managed since 2007, it aims to capitalize on the growth potential of mid-cap stocks, which often provide a balance between the stability of large caps and the rapid expansion opportunities found in small caps. Lord Abbett Growth Opportunities Fund Class R2 plays a significant role for investors and retirement plans seeking to harness mid-cap growth trends within a diversified mutual fund structure.
Fund Family Lord Abbett
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LGOQX
Share Class Class R2
Index Russell MidCap Growth TR
LGOQX had a total return of -1.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.65%.
