3 Lord Abbett Mutual Funds for Outstanding Returns

Founded in 1929, Lord Abbett managed assets worth more than $214 billion as of Sept. 30, 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, viz., Lord Abbett Affiliated LAFFX, Lord Abbett Global Equity LGCFX and Lord Abbett Inflation Focused Fund LIFVX. 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 seeks long-term growth of capital and income without excessive fluctuations in market value. LAFFXinvests most of 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 6.9%. As of the end of July 2024, LAFFX held 67 issues, with 3.8% of its assets invested in JPMorgan Chase & Co.Lord Abbett Global Equity fund invests in equity securities of both foreign and U.S. companies. LGCFX 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 5.8%. LGCFX has an expense ratio of 0.75%.Lord Abbett Inflation Focused Fund seeks investment returns 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. LIFVX may also buy or sell Treasury futures or interest rate swaps to manage the holding duration.Lord Abbett Inflation Focused Fund has three-year annualized returns of 1.7%. Robert A. Lee has been one of the fund managers of LIFVX 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.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 >>Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpView All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (LAFFX): Fund Analysis Report Get Your Free (LIFVX): Fund Analysis Report Get Your Free (LGCFX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks