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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
24.2%
1 yr return
39.6%
3 Yr Avg Return
-2.6%
5 Yr Avg Return
8.6%
Net Assets
$477 M
Holdings in Top 10
24.0%
Expense Ratio 0.91%
Front Load N/A
Deferred Load N/A
Turnover 68.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund invests in equity securities of mid-sized companies that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. A mid-sized company is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell Midcap® Index. The portfolio management team seeks to invest in the stocks of companies with strong business models, management, and competitive positions that are targeting markets that appear most likely to benefit from increased innovation. The team believes these companies possess revenue and earnings growth potential that can exceed market expectations.
Equity securities in which the Fund may invest include common stocks, preferred stocks, equity interests in trusts (including real estate investment trusts (“REITs”) 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 may engage in active and frequent trading of its portfolio securities.
The investment team may 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.
Period | LGOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 24.2% | -12.3% | 77.6% | 5.33% |
1 Yr | 39.6% | 11.7% | 66.1% | 11.81% |
3 Yr | -2.6%* | -25.5% | 59.5% | 72.73% |
5 Yr | 8.6%* | -2.6% | 103.2% | 79.47% |
10 Yr | N/A* | 2.9% | 26.2% | 68.36% |
* Annualized
Period | LGOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.1% | -27.7% | 68.0% | 83.56% |
2022 | -32.4% | -85.6% | 52.8% | 59.81% |
2021 | -7.9% | -74.9% | 238.3% | 71.09% |
2020 | 24.3% | -44.1% | 2474.5% | 59.22% |
2019 | 30.7% | -50.2% | 44.0% | 25.16% |
Period | LGOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 24.2% | -12.3% | 77.6% | 5.33% |
1 Yr | 39.6% | 11.7% | 66.1% | 11.81% |
3 Yr | -2.6%* | -25.5% | 59.5% | 72.73% |
5 Yr | 8.6%* | -2.6% | 103.2% | 79.47% |
10 Yr | N/A* | 2.9% | 26.2% | 66.94% |
* Annualized
Period | LGOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.1% | -26.1% | 68.0% | 94.46% |
2022 | -32.4% | -67.0% | 56.8% | 71.73% |
2021 | 6.8% | -23.5% | 342.2% | 79.41% |
2020 | 40.4% | 2.6% | 2549.1% | 39.55% |
2019 | 37.1% | 14.6% | 44.8% | 27.91% |
LGOTX | Category Low | Category High | LGOTX % Rank | |
---|---|---|---|---|
Net Assets | 477 M | 2.73 M | 100 B | 68.00% |
Number of Holdings | 74 | 24 | 3590 | 56.19% |
Net Assets in Top 10 | 109 M | 670 K | 11.3 B | 70.10% |
Weighting of Top 10 | 24.00% | 4.5% | 98.2% | 62.48% |
Weighting | Return Low | Return High | LGOTX % Rank | |
---|---|---|---|---|
Stocks | 98.92% | 58.72% | 103.99% | 41.14% |
Other | 1.15% | -0.04% | 14.45% | 11.43% |
Preferred Stocks | 0.00% | 0.00% | 5.73% | 74.67% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 72.19% |
Cash | 0.00% | 0.00% | 41.99% | 97.52% |
Bonds | 0.00% | 0.00% | 2.35% | 74.10% |
Weighting | Return Low | Return High | LGOTX % Rank | |
---|---|---|---|---|
Technology | 32.20% | 0.04% | 62.17% | 47.62% |
Healthcare | 18.58% | 0.00% | 37.06% | 41.14% |
Consumer Cyclical | 16.95% | 0.00% | 57.41% | 23.05% |
Industrials | 15.08% | 0.00% | 38.23% | 48.95% |
Consumer Defense | 5.32% | 0.00% | 16.40% | 8.95% |
Financial Services | 3.85% | 0.00% | 43.01% | 81.90% |
Communication Services | 3.34% | 0.00% | 18.33% | 40.00% |
Real Estate | 2.43% | 0.00% | 19.28% | 50.29% |
Basic Materials | 2.00% | 0.00% | 17.25% | 56.19% |
Energy | 0.26% | 0.00% | 62.10% | 60.95% |
Utilities | 0.00% | 0.00% | 12.94% | 78.67% |
Weighting | Return Low | Return High | LGOTX % Rank | |
---|---|---|---|---|
US | 98.92% | 46.79% | 103.99% | 32.95% |
Non US | 0.00% | 0.00% | 34.12% | 80.19% |
LGOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.02% | 17.54% | 67.24% |
Management Fee | 0.65% | 0.00% | 1.50% | 36.45% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.04% | 0.00% | 0.40% | 24.00% |
LGOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
LGOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
LGOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 0.00% | 250.31% | 76.32% |
LGOTX | Category Low | Category High | LGOTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 33.43% | 79.62% |
LGOTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
LGOTX | Category Low | Category High | LGOTX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.46% | -2.24% | 2.75% | 38.10% |
LGOTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 17, 2021 | $4.918 | OrdinaryDividend |
Dec 18, 2020 | $4.522 | OrdinaryDividend |
Dec 18, 2019 | $1.350 | CapitalGainLongTerm |
Dec 18, 2018 | $0.235 | CapitalGainShortTerm |
Dec 18, 2018 | $0.903 | CapitalGainLongTerm |
Dec 15, 2017 | $0.432 | CapitalGainShortTerm |
Dec 15, 2017 | $1.408 | CapitalGainLongTerm |
Dec 16, 2016 | $0.582 | CapitalGainLongTerm |
Dec 18, 2015 | $0.610 | CapitalGainShortTerm |
Dec 18, 2015 | $1.930 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Aug 07, 2017
4.82
4.8%
Jeffrey Rabinowtiz, CFA, joined Lord Abbett in 2017 and was formerly Managing Director and Portfolio Manager/Technology Analyst at Jennison Associates LLC from 2014 to 2017 and Managing Director and Portfolio Manager/Technology Analyst for U.S. Growth Equity at Goldman Sachs Asset Management from 1999 to 2014. He received a BS in electrical engineering from Florida Atlantic University and an MBA in finance from The Wharton School, University of Pennsylvania.
Start Date
Tenure
Tenure Rank
May 15, 2021
1.04
1.0%
Start Date
Tenure
Tenure Rank
May 15, 2021
1.04
1.0%
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.4 | 11.76 |
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