Growth Leaders Fund | Lord Abbett

 

A Decade of Innovation Investing

Growth Leaders Fund

Seeks to deliver long-term growth of capital by investing primarily in stocks of U.S. companies.

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5X Investment Growth Over the Past Decade

Hypothetical Growth of $100K 09/30/2011-09/30/2021

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Past performance is no guarantee of future results. Based on a hypothetical Class F share investment of $100,000 on 09/30/2011, including the reinvestment of all distributions, but excludes the deduction of sales charges which are not applicable to Class F Shares. The hypothetical investment growth of other share classes may have been lower due to higher expenses and applicable sales charges.

True Innovation Investing Has Provided Outperformance

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Growth Leaders Fund Class F Share Expense Ratio: Gross: 0.75%; Net: 0.65%. The net expense ratio for Class F takes into account a contractual fee waiver agreement currently scheduled to remain in place through 02/28/2022 of the Fund's 0.10% Rule 12b-1 fee. For periods when fees or expenses were waived and/or reimbursed, the share class benefited by not bearing such expenses. Without such waivers, performance would have been lower.

The performance data quoted reflect past performance and are no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. You can obtain performance data current to the most recent month-end by calling Lord Abbett at 888-522-2388 or referring to lordabbett.com. The Fund performance shown is based on total return at net asset value, including the reinvestment of all distributions. Instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

The Growth Leaders Fund share F rankings within the Morningstar Large Growth Category as of 09/30/2021 for the one-year, 80% (1004/1235); three-year, 7% (67/1133); five-year, 6% (63/1024); ten-year, 8% (47/762). Morningstar peer group rankings are based on all share classes within the category and include the reinvested dividends and capital gains, if any, and exclude sales charges. The fund is ranked within a universe of funds similar in investment objectives. Morningstar star ratings are based on risk-adjusted returns and do not take into account the effect of sales charges and loads. Source: Morningstar, Inc.. See additional Morningstar information at the bottom of the page.

Periods of Underperformance Have Provided Buying Opportunities

Bar ChartSource: Factset, Lord Abbett. Data as of 09/30/2021. The performance data quoted reflect past performance and are no guarantee of future results. The performance information shown is based on total return of Class F Shares, including the reinvestment of all distributions, but excludes the deduction of sales charges which are not applicable to Class F Shares. 

Innovative and Disruptive Sectors Paired with Stock Selection

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Sector allocations exclude cash therefore Fund percentage allocations may not equal 100%. The Fund’s portfolio is actively managed, and the Fund characteristics may differ as of a more recent date and will vary significantly over time. Past performance is no guarantee of future results. Source: FactSet and Wilshire AtlasSM (“Wilshire”). Data as of 09/30/2021. Holdings are for informational purposes only and are not a recommendation to buy, sell, or hold any security. Absolute weight refers to the percentage of a specific holding in the Fund’s portoflio. Active overweights and underweights are relative to the Russell 1000 Growth Index. Please refer to the Fund’s Portfolio tab at lordabbett.com for a complete and current list of holdings.

ON-DEMAND WEBINAR

Innovation Growth Investing in a World of Rapid Change

Innovation growth equity leaders Thomas O’Halloran, J.D., CFA, partner & portfolio manager, and Brian Foerster, CFA, provide an in-depth review of the current environment for innovation and explain how our actively managed investment approach seeks to identify pioneering companies leveraging technology to gain market share.

Insights

Innovation Equities: Past, Present, and Future

After considering their strong historical performance, we believe the current environment for innovation equities remains favorable, while long-term opportunities abound.

An Update on Innovation Equities

Lord Abbett Portfolio Manager Thomas O’Halloran examines key trends for the asset class in the current market.

A Resurgent U.S. Economy Shifts Equity Preferences

We think the rebound paves the way for allocation opportunity between innovative growth and durable value equities.

Learn More About Lord Abbett

Lord Abbett at a Glance

We are committed to providing every client with an independent perspective, an active approach to investment management, and a range of intelligently designed products.

Experienced Portfolio Managers

F. Thomas O’Halloran, J.D., CFA
Partner & Portfolio Manager
 

34 Years of Experience*

Matthew R. DeCicco, CFA
Partner, Director of Equities, & Portfolio Manager

22 Years of Experience*

Vernon Bice, CMT
Portfolio Manager
 

20 Years of Experience*

Tom & Matt have worked together for nearly two decades.

Vernon leads technical analysis for the team with more than 19 years of industry experience* dedicated to technical research.

The team manages our Innovation Growth suite at Lord Abbett.

*Industry experience as of 01/01/2021.

Ask about our Growth Leaders Fund.

Financial professionals: 888‑522‑2388.

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

A Note about Risk: The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies, including market, liquidity, currency, and political risks. Mid and small cap company stocks tend to be more volatile and may be less liquid than large cap company stocks. Mid and small cap companies also may have more limited product lines, markets, or financial resources and typically experience a higher risk of failure than large companies. However, larger companies may have slower rates of growth than smaller successful companies. Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general. The Fund engages in active and frequent trading of its securities, which may result in increased transaction fees, reduced investment performance, and higher taxes. These factors can adversely affect Fund performance. 

The Russell 1000® Growth Index a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 90% of the total market capitalization of that index.

Morningstar Star Rating Information: 
Morningstar rated the Lord Abbett Growth Leaders Fund class F share 5, 5 and 5 stars among 1137, 1023 and 763 Large Growth Funds for the overall rating and the 3, 5 and 10 year periods ended 09/30/2021, respectively.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life sub-accounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effects of sales charges and loads.

 

Morningstar Category Rank Information:

Morningstar Rank is the total return percentile rank within each Morningstar Category. The highest (or most favorable) percentile rank is zero and the lowest (or least favorable) percentile rank is 100. Historical percentile ranks are based on a snapshot of a fund at the time of calculation.

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