We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
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 $199 billion as of Mar 31, 2024. This privately held company has 184 investment professionals with an average of 18 years of industry experience dedicated to addressing its clients’ needs. Lord Abbett has 200 institutional clients and manages assets for clients in more than 30 countries. It invests in domestic and global stocks and fixed-income, tax-free income and multi-asset securities.
Lord Abbett Affiliated fund seeks long-term growth of capital and income without excessive fluctuations in market value. LAFFX invests its net assets in equity securities of large companies with market capitalizations of at least $5 billion dollar at the time of purchase.
Lord Abbett Affiliated has three-year annualized returns of 8.8%. As of the end of April 2024, LAFFX held 62 issues with 4.2% of its assets invested in JPMorgan Chase & Co.
Lord Abbett Global Equity fund invests in equity securities of both foreign and U.S. companies. LGCWX advisors maintain a diversified portfolio comprising equity securities issued by global companies across various market capitalizations.
Lord Abbett Global Equity has three-year annualized returns of 8.7%. Ryan C. Howard has been one of the fund managers of LGCWX since 2019.
Lord Abbett Short Duration High Yield fund invests the majority of its net assets in lower-rated debt securities such as high-yield bonds. LSYFX advisors also invest in foreign securities issued by non-U.S. entities that are denominated in non-U.S. currencies.
Lord Abbett Short Duration High Yield has three-year annualized returns of 4.9%. LSYFX has an expense ratio of 0.45%.
Image: Bigstock
3 Lord Abbett Mutual Funds for Stellar 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 $199 billion as of Mar 31, 2024. This privately held company has 184 investment professionals with an average of 18 years of industry experience dedicated to addressing its clients’ needs. Lord Abbett has 200 institutional clients and manages assets for clients in more than 30 countries. It invests in domestic and global stocks and fixed-income, tax-free income and multi-asset securities.
Below we share with you three top-ranked Lord Abbett mutual funds, viz., Lord Abbett Affiliated (LAFFX - Free Report) , Lord Abbett Global Equity (LGCWX - Free Report) and Lord Abbett Short Duration High Yield (LSYFX - 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 Goldman Sachs mutual funds.
Lord Abbett Affiliated fund seeks long-term growth of capital and income without excessive fluctuations in market value. LAFFX invests its net assets in equity securities of large companies with market capitalizations of at least $5 billion dollar at the time of purchase.
Lord Abbett Affiliated has three-year annualized returns of 8.8%. As of the end of April 2024, LAFFX held 62 issues with 4.2% of its assets invested in JPMorgan Chase & Co.
Lord Abbett Global Equity fund invests in equity securities of both foreign and U.S. companies. LGCWX advisors maintain a diversified portfolio comprising equity securities issued by global companies across various market capitalizations.
Lord Abbett Global Equity has three-year annualized returns of 8.7%. Ryan C. Howard has been one of the fund managers of LGCWX since 2019.
Lord Abbett Short Duration High Yield fund invests the majority of its net assets in lower-rated debt securities such as high-yield bonds. LSYFX advisors also invest in foreign securities issued by non-U.S. entities that are denominated in non-U.S. currencies.
Lord Abbett Short Duration High Yield has three-year annualized returns of 4.9%. LSYFX has an expense ratio of 0.45%.
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.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>