Lord Abbett Growth Opportunities Fund Class R6 (LGOVX)
Fund Assets | 591.23M |
Expense Ratio | 0.59% |
Min. Investment | $1,000,000 |
Turnover | 117.00% |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Dividend Growth | n/a |
Payout Frequency | n/a |
Ex-Dividend Date | n/a |
Previous Close | 34.21 |
YTD Return | 9.47% |
1-Year Return | 25.57% |
5-Year Return | 47.43% |
52-Week Low | 24.27 |
52-Week High | 35.37 |
Beta (5Y) | n/a |
Holdings | 66 |
Inception Date | Jun 30, 2015 |
About LGOVX
Lord Abbett Growth Opportunities Fund Class R6 is an open-end mutual fund that primarily targets long-term capital appreciation by investing in mid-sized U.S. companies. Managed by Lord, Abbett & Co. LLC, the fund constructs a diversified portfolio, typically holding approximately 66 stocks, focusing on businesses exhibiting strong growth characteristics and above-average earnings potential. Notable holdings as of May 2025 include companies such as Palantir Technologies, Axon Enterprise, AppLovin Corp, and Carvana, highlighting its emphasis on innovative firms within the technology, consumer discretionary, health care, and communication services sectors. With net assets around $591 million and an annual net expense ratio of 0.59%, the fund is positioned within the mid-cap growth category. It plays a pivotal role for investors seeking exposure to dynamic U.S. mid-cap equities, contributing to portfolio diversification and growth potential within the broader financial markets.
Performance
LGOVX had a total return of 25.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.19%.
Top 10 Holdings
33.79% of assetsName | Symbol | Weight |
---|---|---|
Palantir Technologies Inc. | PLTR | 7.08% |
Spotify Technology S.A. | SPOT | 3.66% |
Axon Enterprise, Inc. | AXON | 3.66% |
Natera, Inc. | NTRA | 3.19% |
CyberArk Software Ltd. | CYBR | 3.18% |
Carvana Co. | CVNA | 3.02% |
AppLovin Corporation | APP | 2.66% |
DoorDash, Inc. | DASH | 2.65% |
Cloudflare, Inc. | NET | 2.45% |
argenx SE | ARGX | 2.24% |