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Lord Abbett is a renowned global asset manager that seeks to come up with a successful investment performance on behalf of its clients for the long run. The company aims to provide a wide variety of financial products and services to fulfill the needs of investors. The three key factors that have added to Lord Abbett’s success are its independent perspective, smart product design and dedication to active management.
This New Jersey-based company was founded in November 1929 and had around $185 billion in assets under management as of Sep 30, 2023. The company has about 746 employees and 183 investment professionals dedicated to addressing its clients’ needs. Lord Abbett deals in 59 mutual funds investing in not only domestic and global stocks but also in fixed-income, tax-free income and multi-asset securities.
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 5.7%. As of July 2023, LGCAX had 4.4% of its assets invested in Alphabet.
Lord Abbett Short Duration High Yield 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 3.4%. LSYFX has an expense ratio of 0.45% compared with the category average of 0.95%.
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. LIFAX may choose to invest in Treasury futures or interest rate swaps.
Lord Abbett Inflation Focused has three-year annualized returns of 3.5%. Robert A. Lee has been one of the fund managers of LIFAX since April 2011.
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3 Lord Abbett Mutual Funds to Hedge Your Risk
Lord Abbett is a renowned global asset manager that seeks to come up with a successful investment performance on behalf of its clients for the long run. The company aims to provide a wide variety of financial products and services to fulfill the needs of investors. The three key factors that have added to Lord Abbett’s success are its independent perspective, smart product design and dedication to active management.
This New Jersey-based company was founded in November 1929 and had around $185 billion in assets under management as of Sep 30, 2023. The company has about 746 employees and 183 investment professionals dedicated to addressing its clients’ needs. Lord Abbett deals in 59 mutual funds investing in not only domestic and global stocks but also in fixed-income, tax-free income and multi-asset securities.
Below, we share with you three top-ranked Lord Abbett mutual funds, namely Lord Abbett Global Equity (LGCAX - Free Report) , Lord Abbett Short Duration High Yield (LSYFX - Free Report) and Lord Abbett Inflation Focused (LIFAX - 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 5.7%. As of July 2023, LGCAX had 4.4% of its assets invested in Alphabet.
Lord Abbett Short Duration High Yield 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 3.4%. LSYFX has an expense ratio of 0.45% compared with the category average of 0.95%.
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. LIFAX may choose to invest in Treasury futures or interest rate swaps.
Lord Abbett Inflation Focused has three-year annualized returns of 3.5%. Robert A. Lee has been one of the fund managers of LIFAX since April 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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