Lord Abbett, a global asset manager founded in 1929, manages over $222 billion in assets with 184 investment professionals. They offer 59 mutual funds investing in domestic and global stocks, fixed income, tax-free income, and multi-asset securities. Their success is attributed to an independent perspective, smart product design, and dedication to active management.
Three top Lord Abbett mutual funds include LGCWX, LIFTX, and LOGVX, all ranked #1 by Zacks. LGCWX focuses on global equity securities, boasting 19.8% annualized returns. LIFTX aims to outperform the Consumer Price Index with 4.6% annualized returns. LOGVX invests in investment-grade debt securities with 4.9% annualized returns.
Investors can access a full list of Lord Abbett mutual funds and receive key mutual fund information through Zacks’ free Fund Newsletter. Additionally, Zacks experts have handpicked five stocks expected to double, highlighting opportunities for significant growth and resilience in the market.
Read more at Nasdaq: Buy These 3 Lord Abbett Mutual Funds for Impressive Returns