Lord Abbett Recognized for Consistent, Strong, Long-Term Performance in Barron’s Annual Ranking | Lord Abbett
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Ranked #7 overall for one-year performance and #4 overall for five-year performance among 53 fund families*

JERSEY CITY, NJ – February 23, 2021 – Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately-held investment management firm, achieved the #7 ranking in the overall1 Best Fund Family category in 2020 for one-year performance, ended December 31, 2020, as well as the #4 overall1 ranking for the 5-year period, ended December 31, 2020, among 53 firms in the Barron’s Annual Fund Family Ranking, published on February 20, 2021. In addition, Lord Abbett achieved the #3 ranking in the Mixed Asset2 category and the #9 ranking in the General Equity3 category, both for one-year performance.

Acknowledging Lord Abbett’s rankings, Douglas B. Sieg, Managing Partner, said, “We are tremendously proud of what our investment professionals have achieved. Our top-five ranking in the overall Best Fund Family category for the five-year period is a testament to our principles-led, performance-oriented, and purpose-driven culture, which continues to empower our people to deliver consistently strong long-term performance.” Mr. Sieg also noted Lord Abbett’s #3 ranking in the Mixed Asset category and #9 ranking in the General Equity category, saying, “These achievements underscore the power of our team-based approach to active management and reinforce our commitment to act in the best interest of investors.”

For more information about Lord Abbett, please visit lordabbett.com.

 

*Among 53 qualifying U.S. fund companies. Based on total return as measured against its Lipper category and excludes 12b-1 fees and sales charges for the period ended 12/31/20.

1 “Barron’s Best Fund Families of 2020,” #7 overall ranking among 53 qualifying fund families based on the net total return of the one-year period ending 12/31/2020. Five-year overall ranking is #4 out of 50 qualifying fund families; and 10-year overall ranking is #21 out of 44 qualifying fund families.

2 “Barron’s Best Fund Families of 2020,” #3 ranking in the Mixed Asset category based on the net total return of the one-year period ending 12/31/2020, among 53 qualifying fund families.  

3 “Barron’s Best Fund Families of 2020,” #9 ranking in the General Equity category based on the net total return of the one-year period ending 12/31/2020, among 53 qualifying fund families.  

Source: Barron’s, “Barron’s Best Fund Families of 2020,” February 20, 2021. Barron’s rankings are based on asset weighted returns in funds in five categories: U.S. equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2020, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2020 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well.

Barron's Fund Family Rankings are awarded annually.

To qualify for the ranking, firms must offer at least three active mutual funds or actively run ETFs in Lipper’s general U.S. stock category; one in world equity; and one mixed asset, such as a balanced or allocation fund. They also need to offer at least two taxable bond funds and one national tax-exempt bond fund. All funds must have a track record of at least one year. While the ranking excludes index funds, it does include actively managed ETFs and “smart beta” ETFs, which are run passively but built on active investment strategies.

© Refinitiv Lipper 2021. All Rights Reserved. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. Lipper provides global, independent fund performance data. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

Past performance does not guarantee future results.

The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett's products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances. All Lord Abbett mutual funds are offered by prospectus only and are available through your financial advisor.

Shares of Lord Abbett mutual funds are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity. Investments in mutual funds involve investment risks, including the possible loss of the principal amount invested.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Lord Abbett Funds. This and other important information is contained in the fund's summary prospectus and/or prospectus. To obtain a prospectus or summary prospectus on any Lord Abbett mutual fund, contact your investment professional, Lord Abbett Distributor LLC at (888) 522-2388 or visit us at www.lordabbett.com. Read the prospectus carefully before you invest.

About Lord Abbett

Lord, Abbett & Co. LLC is an independent, privately held firm and was named one of the Best Places to Work in Money Management by Pensions & Investments. One of the oldest money management firms in the United States, Lord Abbett is inspired by its mission—Securing a sustainable future for our clients, our people, and our world—strengthened by a culture that is principles-led, performance-oriented, and purpose-driven, and guided by the shared values of excellence, responsibility, transparency, and collaboration. Lord Abbett manages approximately $224 billion in assets (as of December 31, 2020) across a full range of U.S. mutual funds, UCITS Funds, institutional and separately managed accounts, including $1.2 billion for which Lord Abbett provides investment models to managed account sponsors.

Lord Abbett mutual fund shares are distributed by Lord Abbett Distributor LLC.

Media Inquiries:

Jim Sansevero

201-827-2774

jsansevero@lordabbett.com

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