L Abbett Growth Fund Quote
LGLUX Fund | USD 49.20 0.69 1.42% |
PerformanceVery Weak
| Odds Of DistressLow
|
L Abbett is trading at 49.20 as of the 27th of February 2025; that is 1.42% up since the beginning of the trading day. The fund's open price was 48.51. L Abbett has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 30th of September 2024 and ending today, the 27th of February 2025. Click here to learn more.
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, it invests at least 50 percent 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.. More on L Abbett Growth
LGLUX Mutual Fund Highlights
Fund Concentration | Lord Abbett Funds, Large Growth Funds, Large Growth, Lord Abbett (View all Sectors) |
Update Date | 31st of December 2024 |
L Abbett Growth [LGLUX] is traded in USA and was established 27th of February 2025. L Abbett is listed under Lord Abbett category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Lord Abbett family. This fund now has accumulated 4.14 B in assets with no minimum investment requirementsL Abbett Growth is currently producing year-to-date (YTD) return of 1.43%, while the total return for the last 3 years was 12.5%.
Check L Abbett Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on LGLUX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding LGLUX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as L Abbett Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top L Abbett Growth Mutual Fund Constituents
DOCU | DocuSign | Stock | Information Technology | |
LYV | Live Nation Entertainment | Stock | Communication Services | |
TTD | Trade Desk | Stock | Information Technology | |
ALGN | Align Technology | Stock | Health Care | |
HD | Home Depot | Stock | Consumer Discretionary | |
PYPL | PayPal Holdings | Stock | Financials | |
NKE | Nike Inc | Stock | Consumer Discretionary | |
GNRC | Generac Holdings | Stock | Industrials |
L Abbett Growth Risk Profiles
Mean Deviation | 1.23 | |||
Standard Deviation | 1.64 | |||
Variance | 2.67 | |||
Risk Adjusted Performance | 0.0039 |
L Abbett Against Markets
Other Information on Investing in LGLUX Mutual Fund
L Abbett financial ratios help investors to determine whether LGLUX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LGLUX with respect to the benefits of owning L Abbett security.
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |