Lord Abbett mutual funds LTFOX, LGCAX, and LIFOX ranked #1 by Zacks for impressive returns.
From Nasdaq: 2025-01-02 06:28:00
Lord Abbett, a global asset manager founded in 1929, manages over $214 billion in assets with 184 investment professionals. They offer 59 mutual funds focusing on domestic and global stocks, fixed-income, tax-free income, and multi-asset securities, aiming to provide successful long-term investment performance.
Three Lord Abbett mutual funds, including LTFOX, LGCAX, and LIFOX, are ranked #1 by Zacks. LTFOX invests in large domestic companies with 9.9% annualized returns, while LGCAX focuses on global equity with 7.6% returns and a 0.90% expense ratio.
LIFOX, the Lord Abbett Inflation Focused Fund, targets a positive return above the U.S. inflation rate. It invests in fixed-income securities and derivatives, boasting 1.9% annualized returns. The fund managers actively manage the portfolio duration for optimal performance.
For investors interested in Lord Abbett mutual funds, Zacks offers a comprehensive list for review. Additionally, Zacks provides a free Fund Newsletter with top news, analysis, and top-performing mutual funds weekly. Don’t miss out on the Zacks Top 10 Stocks for 2025, handpicked by the Director of Research for exceptional returns.
Read more at Nasdaq: 3 Top-Ranked Lord Abbett Mutual Funds for Impressive Returns
