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3 Lord Abbett Mutual Funds for Impressive Returns

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Founded in 1929, Lord Abbett managed assets worth more than $199 billion as of Mar 31, 2024. This privately held company has around 184 investment professionals with an average of 18 years of industry experience. Lord Abbett deals in about 59 mutual funds, investing in domestic and global stocks and fixed-income, tax-free income and multi-asset securities.

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 seeks successful investment performance on behalf of its clients over the long run. The three key factors that have added to Lord Abbett’s success are its independent perspective, smart product design and dedication to active management.

Below, we share with you three top-ranked Lord Abbett mutual funds, namely Lord Abbett Global Equity (LGCAX - Free Report) , Lord Abbett Affiliated (LTFOX - Free Report) and Lord Abbett Inflation Focused (LIFFX - Free Report) . Each has earned 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 funds.

Lord Abbett Global Equity seeks capital appreciation by investing the majority of its net assets in equity securities of companies irrespective of their nationality or market cap. LGCAX maintains a diversified portfolio.

Lord Abbett Global Equity has three-year annualized returns of 5.6%. As of January 2024, LGCAX had 4.7% of its assets invested in Microsoft.

Lord Abbett Affiliated invests most of its assets, along with borrowings, if any, in equity securities of large companies with market capitalization within the range of companies listed on the Russell 1000 Index at the time of purchase. LTFOX advisors choose to invest in domestic companies that pay dividends and have the potential for capital appreciation.

Lord Abbett Affiliated has three-year annualized returns of 6%. LTFOX has an expense ratio of 0.38%.

Lord Abbett Inflation Focused uses the Consumer Price Index to measure inflation and invests the majority of its assets in inflation-linked derivatives, inflation-indexed fixed-income securities and fixed-income securities. LIFFX may choose to invest in Treasury futures or interest rate swaps.

Lord Abbett Inflation Focused has three-year annualized returns of 1.8%. Robert A. Lee has been one of the fund managers of LIFFX since 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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