L Abbett Growth Fund Quote
| LGLSX Fund | USD 38.21 0.14 0.37% |
Performance0 of 100
| Odds Of DistressLess than 22
|
L Abbett is trading at 38.21 as of the 11th of September 2024; that is 0.37% up since the beginning of the trading day. The fund's open price was 38.07. L Abbett has about a 22 % 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. Equity ratings for L Abbett Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of August 2024 and ending today, the 11th of September 2024. 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
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LGLSX Mutual Fund Highlights
| Thematic Idea | Large Growth Funds (View all Themes) |
| Fund Concentration | Lord Abbett Funds, Large Growth Funds, Large Growth Funds, Large Growth, Lord Abbett, Large Growth, Large Growth (View all Sectors) |
| Update Date | 30th of September 2024 |
L Abbett Growth [LGLSX] is traded in USA and was established 11th of September 2024. 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. The entity is thematically classified as Large Growth Funds. 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 14.5%, while the total return for the last 3 years was -2.94%.
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 LGLSX 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 LGLSX 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
| VRTX | Vertex Pharmaceuticals | Stock | Health Care | |
| SIVB | SVB Financial Group | Stock | Financials | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| ALGN | Align Technology | Stock | Health Care | |
| ROK | Rockwell Automation | Stock | Industrials | |
| HEI | Heico | Stock | Industrials | |
| AYX | Alteryx | Stock | Information Technology | |
| SQ | Block Inc | Stock | Information Technology |
L Abbett Growth Risk Profiles
| Mean Deviation | 1.22 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.82 | |||
| Risk Adjusted Performance | (0.01) |
L Abbett Against Markets
Other Information on Investing in LGLSX Mutual Fund
L Abbett financial ratios help investors to determine whether LGLSX 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 LGLSX with respect to the benefits of owning L Abbett security.
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