About LGORX
Lord Abbett Growth Opportunities Fund Class R3 is a mutual fund focused on achieving long-term capital growth by investing primarily in the stocks of mid-sized U.S. companies. The fund targets the mid-cap growth segment, seeking businesses with promising expansion potential across various sectors, including information technology, consumer discretionary, communication services, healthcare, and industrials. With a diversified portfolio of approximately 66 holdings, its largest allocations feature companies such as Palantir Technologies, Axon Enterprise, and AppLovin Corp, reflecting an emphasis on innovation and dynamic industries. The fund may also invest up to 10% of its assets in foreign securities, including emerging markets, to enhance growth opportunities. Managed by Lord Abbett's experienced investment team, the fund is geared toward investors seeking exposure to mid-cap equities with growth characteristics. It distributes dividends annually and, as of May 2025, manages over $590 million in assets. The fund’s expense structure and active management style aim to capture capital appreciation in the evolving mid-cap landscape, making it a notable participant within the U.S. equity mutual fund space.
Fund Family Lord Abbett
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LGORX
Share Class Class R3
Index Russell MidCap Growth TR
LGORX had a total return of -1.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.76%.
