Lord Abbett Growth Leaders Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
46.9%
1 yr return
52.5%
3 Yr Avg Return
11.4%
5 Yr Avg Return
19.4%
Net Assets
$6.23 B
Holdings in Top 10
45.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 140.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LGLOX - Profile
Distributions
- YTD Total Return 46.9%
- 3 Yr Annualized Total Return 11.4%
- 5 Yr Annualized Total Return 19.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.30%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLord Abbett Growth Leaders Fund
-
Fund Family NameLORDABBETT
-
Inception DateApr 04, 2017
-
Shares OutstandingN/A
-
Share ClassF3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerF. O’Halloran
Fund Description
The Fund invests in equity securities of U.S. and foreign companies across all market capitalization ranges that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, the Fund invests at least 50% of its net assets in companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index.
Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts and privately offered trusts), partnerships, joint ventures, limited liability companies and vehicles with similar legal structures, other instruments convertible or exercisable into the foregoing, and other investments with similar economic characteristics.
The Fund may invest up to 10% of its net assets in securities of foreign companies, including emerging market companies, American Depositary Receipts (“ADRs”), and other similar depositary receipts. In addition to ADRs, the Fund generally defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges. |
The Fund engages in active and frequent trading of its portfolio securities.
The investment team may also consider the risks and return potential presented by environmental, social, and governance (“ESG”) factors in investment decisions. The Fund may sell a security when the Fund believes the security is less likely to benefit
from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons. The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
LGLOX - Performance
Return Ranking - Trailing
| Period | LGLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 46.9% | 0.1% | 53.0% | 4.33% |
| 1 Yr | 52.5% | 4.4% | 74.7% | 5.51% |
| 3 Yr | 11.4%* | -25.0% | 24.7% | 82.47% |
| 5 Yr | 19.4%* | -13.7% | 29.8% | 11.54% |
| 10 Yr | N/A* | -4.9% | 19.8% | 6.90% |
* Annualized
Return Ranking - Calendar
| Period | LGLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.3% | -74.1% | 72.4% | 47.14% |
| 2022 | -38.7% | -85.9% | 4.7% | 71.15% |
| 2021 | -10.8% | -52.4% | 60.5% | 88.74% |
| 2020 | 61.3% | -34.3% | 145.0% | 5.21% |
| 2019 | 24.8% | -6.9% | 49.4% | 49.14% |
Total Return Ranking - Trailing
| Period | LGLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 46.9% | 0.1% | 53.0% | 4.33% |
| 1 Yr | 52.5% | 4.4% | 74.7% | 5.51% |
| 3 Yr | 11.4%* | -25.0% | 24.7% | 82.47% |
| 5 Yr | 19.4%* | -13.7% | 29.8% | 11.54% |
| 10 Yr | N/A* | -4.9% | 19.8% | 6.81% |
* Annualized
Total Return Ranking - Calendar
| Period | LGLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.3% | -4.6% | 72.4% | 66.46% |
| 2022 | -38.7% | -61.7% | 5.6% | 88.48% |
| 2021 | 9.0% | -39.8% | 118.1% | 90.23% |
| 2020 | 77.6% | 2.8% | 149.2% | 4.05% |
| 2019 | 35.2% | -5.2% | 49.4% | 32.22% |
NAV & Total Return History
LGLOX - Holdings
Concentration Analysis
| LGLOX | Category Low | Category High | LGLOX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.23 B | 296 K | 287 B | 28.92% |
| Number of Holdings | 62 | 2 | 3061 | 48.42% |
| Net Assets in Top 10 | 2.77 B | 126 K | 151 B | 33.36% |
| Weighting of Top 10 | 45.55% | 0.7% | 205.0% | 75.05% |
Top 10 Holdings
- NVIDIA Corp 12.50%
- Microsoft Corp 7.06%
- Amazon.com Inc 5.36%
- Alphabet Inc 4.71%
- Apple Inc 3.29%
- Spotify Technology SA 3.02%
- Netflix Inc 2.53%
- CyberArk Software Ltd 2.37%
- Arista Networks Inc 2.36%
- MercadoLibre Inc 2.34%
Asset Allocation
| Weighting | Return Low | Return High | LGLOX % Rank | |
|---|---|---|---|---|
| Stocks | 98.56% | 0.00% | 115.30% | 59.06% |
| Other | 1.51% | -31.50% | 50.35% | 6.31% |
| Cash | 0.43% | 0.00% | 173.52% | 67.00% |
| Preferred Stocks | 0.00% | 0.00% | 10.69% | 86.02% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 83.65% |
| Bonds | 0.00% | 0.00% | 102.71% | 84.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LGLOX % Rank | |
|---|---|---|---|---|
| Technology | 44.93% | 0.00% | 65.70% | 9.39% |
| Consumer Cyclical | 16.04% | 0.00% | 62.57% | 48.42% |
| Healthcare | 14.09% | 0.00% | 39.76% | 35.95% |
| Communication Services | 9.04% | 0.00% | 66.40% | 66.49% |
| Financial Services | 8.34% | 0.00% | 43.06% | 58.36% |
| Energy | 2.58% | 0.00% | 41.09% | 24.12% |
| Consumer Defense | 2.29% | 0.00% | 25.50% | 68.74% |
| Industrials | 2.19% | 0.00% | 30.65% | 87.53% |
| Real Estate | 0.50% | 0.00% | 16.05% | 58.81% |
| Utilities | 0.00% | 0.00% | 16.07% | 89.07% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 94.49% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LGLOX % Rank | |
|---|---|---|---|---|
| US | 98.56% | 0.00% | 115.30% | 45.00% |
| Non US | 0.00% | 0.00% | 75.51% | 88.73% |
LGLOX - Expenses
Operational Fees
| LGLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.59% | 0.01% | 28.71% | 83.98% |
| Management Fee | 0.52% | 0.00% | 1.50% | 35.69% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.04% | 0.01% | 1.02% | 20.00% |
Sales Fees
| LGLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| LGLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| LGLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 140.00% | 0.00% | 316.74% | 95.40% |
LGLOX - Distributions
Dividend Yield Analysis
| LGLOX | Category Low | Category High | LGLOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 92.24% |
Dividend Distribution Analysis
| LGLOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| LGLOX | Category Low | Category High | LGLOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.30% | -6.13% | 3.48% | 49.59% |
Capital Gain Distribution Analysis
| LGLOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 23, 2021 | $10.001 | OrdinaryDividend |
| Nov 24, 2020 | $4.370 | OrdinaryDividend |
| Nov 21, 2019 | $0.390 | CapitalGainShortTerm |
| Nov 21, 2019 | $1.955 | CapitalGainLongTerm |
| Nov 20, 2018 | $1.767 | CapitalGainShortTerm |
| Nov 20, 2018 | $2.884 | CapitalGainLongTerm |
| Nov 21, 2017 | $1.204 | CapitalGainShortTerm |
| Nov 21, 2017 | $0.624 | CapitalGainLongTerm |
LGLOX - Fund Manager Analysis
Managers
F. O’Halloran
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
F. Thomas O’Halloran, J.D., CFA, Partner & Director Mr. O'Halloran is the lead portfolio manager of the small cap growth, micro cap growth, and growth equity strategies. Mr. O'Halloran joined Lord Abbett in 2001 as a research analyst for the small cap growth equity strategy and was named Partner in 2003. His prior experience includes Executive Director/Senior Research Analyst at Dillon, Read & Co. and as a trial attorney. Mr. O'Halloran received an AB from Bowdoin College, a JD from Boston College, and an MBA from Columbia University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1987.
Vernon Bice
Start Date
Tenure
Tenure Rank
Dec 31, 2011
10.42
10.4%
Vernon T. Bice, CMTis a Portfolio Manager of Lord Abbett. He is responsible for contributing to the management for the firm’s micro cap growth, small cap growth, and growth equity strategies. He plays a key role in technical analysis, drawing on his deep experience to provide insights to the portfolio management team. Mr. Bice joined Lord Abbett in 2011. He has worked in the financial services industry since 2001.
Matthew DeCicco
Start Date
Tenure
Tenure Rank
Dec 31, 2016
5.42
5.4%
Mr. DeCicco is a holder of a Chartered Financial Analyst designation and joined Lord Abbett in 1999. He has been a member of the team since 2002 and assumed Portfolio Manager in 2015.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.24 | 3.08 |