Lord Abbett Growth Leaders Fund Class R5 (LGLUX)

Overview

The fund is designed to cater to investors looking for growth by investing in equity securities of both U.S. and foreign companies. It targets those entities across all market capitalizations believed to possess high long-term growth potential. A distinctive feature of the fund is its commitment to invest at least half of its net assets in companies whose market capitalization, at the time of purchase, aligns with the market capitalization range of the companies listed in the Russell 1000® Index. This strategy aims to balance the fund's exposure to both large-cap and potentially high-growth smaller companies, providing a diverse investment portfolio to its shareholders.

Products and Services

The fund offers a range of investment opportunities focused on capitalizing on growth potential across different sectors and regions. Below is a listing of its primary investment products and services:

• Equity Securities Investment – The core offering involves investing in the equity securities of both U.S. and international companies that are judged to have above-average growth prospects over the long term. This includes a broad spectrum of sectors and industries, aiming to maximize returns for investors through strategic equity holdings.
• Market Capitalization Range Investment – A significant portion of the fund is dedicated to investing in companies with market capitalizations that fall within the range of those listed in the Russell 1000® Index. This strategy ensures a diversified investment spread across large-cap and mid-cap companies, potentially lowering risk and tapping into growth opportunities across the market cap spectrum.