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3 Top-Rated Lord Abbett Mutual Funds for Impressive Returns
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This renowned global asset manager aims to provide a wide variety of financial products and services to fulfill the needs of its investors. The company aims for a successful investment performance on behalf of its clients over the long run. The three key factors that added to Lord Abbett’s success are its independent perspective, smart product design and dedication to active management.
Founded in 1929, Lord Abbett managed assets worth more than $196 billion as of Mar 31, 2023. This privately held company has 181 investment professionals with an average of 18 years of industry experience dedicated to addressing its clients’ needs. Lord Abbett has 211 institutional clients and manages assets for clients in more than 30 countries. Lord Abbett invests in domestic and global stocks and fixed-income, tax-free income and multi-asset securities.
Lord Abbett Inflation Focused Fund seeks investment return higher than the Consumer Price Index for All Urban Consumers by investing in a portfolio of inflation-linked derivatives and inflation-indexed, fixed-income securities. LIFAX may also buy or sell Treasury futures or interest rate swaps to manage holding duration.
Lord Abbett Inflation Focused Fundhas three-year annualized returns of 7.3%. By the end of February 2023, LIFAX had invested 64.51% of its assets in Miscellaneous Bonds.
Lord Abbett Developing Growth Fund invests most of its net assets in equity securities of small-cap companies, which its advisors believe have above-average, long-term growth potential. LADVX advisors may also invest a small portion of the assets in foreign companies, including emerging market companies, American Depositary Receipts and other similar depositary receipts.
Lord Abbett Developing Growth Fund has three-year annualized returns of 2.0%. LADVX has an expense ratio of 0.59% compared with the category average of 1.21%.
Lord Abbett Growth Leaders Fund invests most of its net assets in domestic and foreign companies, which its advisor believes have above-average long-term growth potential. LGLRX advisors primarily invest almost half of the assets in companies with market capitalization equivalent to the companies listed on the Russell 1000 Index.
Lord Abbett Growth Leaders Fund has three-year annualized returns of 4.6%. F. Thomas O’Halloran has been one of the fund managers of LGLRX since June 2011.
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3 Top-Rated Lord Abbett Mutual Funds for Impressive Returns
This renowned global asset manager aims to provide a wide variety of financial products and services to fulfill the needs of its investors. The company aims for a successful investment performance on behalf of its clients over the long run. The three key factors that added to Lord Abbett’s success are its independent perspective, smart product design and dedication to active management.
Founded in 1929, Lord Abbett managed assets worth more than $196 billion as of Mar 31, 2023. This privately held company has 181 investment professionals with an average of 18 years of industry experience dedicated to addressing its clients’ needs. Lord Abbett has 211 institutional clients and manages assets for clients in more than 30 countries. Lord Abbett invests in domestic and global stocks and fixed-income, tax-free income and multi-asset securities.
Below, we share with you three Lord Abbett mutual funds, viz.,Lord Abbett Inflation Focused Fund (LIFAX - Free Report) , Lord Abbett Developing Growth Fund (LADVX - Free Report) and Lord Abbett Growth Leaders Fund (LGLRX - Free Report) . Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Lord Abbett mutual funds.
Lord Abbett Inflation Focused Fund seeks investment return higher than the Consumer Price Index for All Urban Consumers by investing in a portfolio of inflation-linked derivatives and inflation-indexed, fixed-income securities. LIFAX may also buy or sell Treasury futures or interest rate swaps to manage holding duration.
Lord Abbett Inflation Focused Fundhas three-year annualized returns of 7.3%. By the end of February 2023, LIFAX had invested 64.51% of its assets in Miscellaneous Bonds.
Lord Abbett Developing Growth Fund invests most of its net assets in equity securities of small-cap companies, which its advisors believe have above-average, long-term growth potential. LADVX advisors may also invest a small portion of the assets in foreign companies, including emerging market companies, American Depositary Receipts and other similar depositary receipts.
Lord Abbett Developing Growth Fund has three-year annualized returns of 2.0%. LADVX has an expense ratio of 0.59% compared with the category average of 1.21%.
Lord Abbett Growth Leaders Fund invests most of its net assets in domestic and foreign companies, which its advisor believes have above-average long-term growth potential. LGLRX advisors primarily invest almost half of the assets in companies with market capitalization equivalent to the companies listed on the Russell 1000 Index.
Lord Abbett Growth Leaders Fund has three-year annualized returns of 4.6%. F. Thomas O’Halloran has been one of the fund managers of LGLRX since June 2011.
To view the Zacks Rank and the past performance of all Lord Abbett mutual funds, investors can click here to see the complete list of Lord Abbett mutual funds.
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