Morningstar

Lord Abbett Growth Leaders Fund Class R2 LGLQX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $50.96  /  −0.20 %
  • Fund Size $7.1B
  • Adjusted Expense Ratio 1.240%
  • Net Expense Ratio 1.240%
  • Fee Level: Distribution Below Average
  • Share Class Type Retirement, Small
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 72%
NAV and 1-Day Return as of

Morningstar’s Analysis LGLQX

Will LGLQX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LGLQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LGLQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LGLQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This aggressive-growth process delivers wide swings and mixed results.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Lord Abbett Growth Equity’s aggressive, momentum-driven approach can leave investors exposed when market leadership shifts. The strategy—available through a US mutual fund and separate account, as well as an Ireland-domiciled vehicle—leans heavily on fast-growing companies and technical signals, resulting in pronounced performance swings and an uneven long-term record relative to its benchmark.

by Drew Carter
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LGLQX

More LGLQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 46.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

13.92 1B
Technology

Alphabet Inc Class A

7.10 527M
Communication Services

Apple Inc

5.55 412M
Technology

Eli Lilly and Co

3.90 290M
Healthcare

Amazon.com Inc

2.86 213M
Consumer Cyclical

Comfort Systems USA Inc

2.76 205M
Industrials

Microsoft Corp

2.72 203M
Technology

Lam Research Corp

2.69 200M
Technology

Arista Networks Inc

2.65 197M
Technology

Broadcom Inc

2.43 181M
Technology

Sponsor Center