Global Equity Fund

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LGCYX

Global Equity Fund

LGCYX

Effective November 1, 2021 the Lord Abbett Global Equity Research Fund changed its name to Lord Abbett Global Equity Fund. There was no change to the Fund's investment strategy.

Daily price w/o sales charge as of 06/02/2023

$12.71

$0.18

YTD Returns w/o sales charge as of 06/02/2023

9.29%

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Summary

What is the Global Equity Fund?

The Fund seeks long-term growth of capital by investing in stocks of both U.S. and non-U.S. companies.

Fund Basicsas of 04/28/2023

Total Net Assets: $14.85 M
Inception Date: 01/19/2017
Dividend Frequency: Annually
Fund Gross Expense Ratio: 3.18%
Fund Net Expense Ratio: 0.65%
Number of Holdings: 84
Minimum Initial Investment: +Minimum Exceptions, View Full Disclosure

There is no minimum initial investment for (i) purchases through or by registered investment advisers (RIAs), bank trust departments, and other financial intermediaries otherwise eligible to purchase Class I shares that charge a fee for services that include investment advisory or management services or (ii) purchases by retirement and benefit plans meeting the Class I eligibility requirements as described in the prospectus. These investment minimums may be suspended, changed, or withdrawn by Lord Abbett Distributor LLC ("Lord Abbett Distributor").
Class I shares minimum initial investment of $1,000,000, unless otherwise noted, applies to certain types of institutional investors as described in the prospectus.

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 01/18/2017

w/o sales charge	6.28%	1.13%	11.40%	7.24%	-	9.01%
Lipper Category Avg. Global Multi-Cap Growth Fds	-	-	-	-	-	-
MSCI All Country World Index - Net	7.68%	0.85%	10.07%	6.77%	-	8.54%
w/ sales charge	6.28%	1.13%	11.40%	7.24%	-	9.01%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 01/18/2017

w/o sales charge	6.88%	-6.76%	17.45%	7.51%	-	9.37%
Lipper Category Avg. Global Multi-Cap Growth Fds	9.48%	-11.22%	12.34%	6.30%	-	-
MSCI All Country World Index - Net	7.30%	-7.44%	15.36%	6.93%	-	8.72%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

INVESTMENT TEAM

Ryan C. Howard, CFA

Portfolio Manager

20 Years of Industry Experience

Servesh Tiwari, CFA

Portfolio Manager

17 Years of Industry Experience

Supported By 37 Investment Professionals with 18 Years Avg. Industry Experience

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Performance

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 01/18/2017

w/o sales charge	6.28%	1.13%	11.40%	7.24%	-	9.01%
Lipper Category Avg. Global Multi-Cap Growth Fds	-	-	-	-	-	-
MSCI All Country World Index - Net	7.68%	0.85%	10.07%	6.77%	-	8.54%
w/ sales charge	6.28%	1.13%	11.40%	7.24%	-	9.01%

Performance data for the Lipper Category Average and for the Index is shown as soon as it becomes available.

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

	YTD	1-YR	3-YR	5-YR	10-YR	Since Inception 01/18/2017

w/o sales charge	6.88%	-6.76%	17.45%	7.51%	-	9.37%
Lipper Category Avg. Global Multi-Cap Growth Fds	9.48%	-11.22%	12.34%	6.30%	-	-
MSCI All Country World Index - Net	7.30%	-7.44%	15.36%	6.93%	-	8.72%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Year	Fund Returns	MSCI All Country World Index - Net

2022	-18.91%	-18.37%
2021	18.21%	18.54%
2020	23.75%	16.26%
2019	26.72%	26.60%
2018	-9.34%	-9.42%
2017	19.59%	23.97%

Year	Q1	Q2	Q3	Q4	Yearly Returns

2023	6.88%	-	-	-	9.29%
2022	-7.04%	-15.53%	-4.57%	8.22%	-18.91%
2021	4.83%	7.41%	-2.73%	7.94%	18.21%
2020	-21.75%	21.79%	9.25%	18.85%	23.75%
2019	13.08%	2.46%	0.00%	9.37%	26.72%
2018	1.42%	-0.17%	4.55%	-14.35%	-9.34%
2017	-	4.75%	5.09%	5.27%	19.59%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

NAV Historical Prices

Date	Net Asset Value

Portfolio

Countryas of 04/28/2023

Country	Assets

United States	54.6%
United Kingdom	9.0%
France	6.6%
Cash	4.2%
China	3.9%
Japan	3.7%
Denmark	2.5%
Australia	2.2%
Mexico	1.9%
Canada	1.7%
Austria	1.5%
Spain	1.3%
Taiwan	1.3%
Republic of Korea	1.1%
Panama	1.0%
Germany	0.8%
Hong Kong	0.7%
Netherlands	0.7%
Cayman Islands	0.4%

Region classifications of countries are defined by Lord Abbett and may not be consistent with the S&P region definitions. Country classifications of securities held within the universe of S&P indexes are defined by S&P. Country classifications of securities held by the portfolio only, and not included within the universe of S&P indexes, are defined by Lord Abbett.

Region	Weighting	Fund Change from Previous Quarter
Americas		0.5%
Europe ex-U.K.		0.4%
Asia/Pacific		0.6%
United Kingdom		0.9%
Japan		0.0%
Cash		0.4%

Regional Allocation source: Lord Abbett and Bloomberg. Sector Breakdown source: Wilshire. Region classifications of countries are defined by Lord Abbett and may not be consistent with the S&P region definitions. Country classifications of securities held within the universe of S&P indexes are defined by S&P. Country classifications of securities held by the portfolio only, and not included within the universe of S&P indexes, are defined by Lord Abbett.

Sector	Weighting	Fund Change from Previous Quarter

Sector	Weighting	Fund Change from Previous Quarter
Communication Services		0.6%
Real Estate		0.0%
Utilities		0.0%
Consumer Discretionary		0.7%
Consumer Staples		0.7%
Energy		0.3%
Financials		2.8%
Health Care		0.4%
Industrials		0.0%
Information Technology		2.8%
Materials		0.3%

Portfolio Positioning as of 03/31/2023

We still place most of our focus on individual companies and key themes we derive from intensive company research. Looking ahead, we remain optimistic on the outlook for a broad, gradual European recovery as energy concerns continue to abate. We also remain optimistic on the continuation of China’s economic reopening process as it is expected to positively impact both local and regional economies. As such, from a regional standpoint, the portfolio is currently overweight Europe and China and we continue to add on margin. There has been a recent shift in market leadership away from areas such as financials and energy to technology and communication services. We would expect technology and communication services to continue to lead the market higher once the Fed ends its current tightening cycle as it removes the key headwind to growth stocks over the past year, although this remains contingent on inflation and labor reports moderating as the Fed clearly remains “data dependent.”
With that said, there are risks still abound; most notably, the uncertainty coming from rate hikes to address inflation, the potential fallout from failures within the regional banking industry, and the continued risks from war in Europe, even if things may be getting “less bad” on a relative basis. Therefore, we have reduced risk where prudent, reeling in many of the portfolio’s active sector weights, understanding that the macro backdrop remains, at minimum, uncertain.
Unlike some of the recent recoveries from economic and market downturns (e.g., 2003, 2009, 2020), it appears less likely that there will be a global coordinated stimulus from fiscal and monetary authorities, meaning that a powerful beta/junk rally is also less likely. Instead, as the current bear market ends and a new bull market takes shape, it will likely be quality metrics, such as strong return on equity and healthy balance sheets, along with long-term competitive advantages and pricing power, that prove to be key factors in which companies outperform. As a result, the portfolio has been tilted towards these types of resilient quality names, looking to preserve capital and manage risk-reward tradeoffs.

Portfolio Details as of 04/28/2023

Total Net Assets: $14.85 M

To view definitions for the above Portfolio Details, Click here.

Holding	Sector	Assets

Microsoft Corp	Information Technology	4.2%
Apple Inc	Information Technology	3.3%
UnitedHealth Group Inc	Health Care	2.9%
Alphabet Inc	Communication Services	2.8%
LVMH Moet Hennessy Louis Vuitton SE	Consumer Discretionary	2.5%
Visa Inc	Financials	2.4%
Meta Platforms Inc	Communication Services	2.3%
Shell PLC	Energy	2.3%
Cboe Global Markets Inc	Financials	2.0%
Vertex Pharmaceuticals Inc	Health Care	2.0%

% of Total Assets		26.7%

Dividends & Cap Gains

Dividend Payments

For

YTD Dividends Paidas of 06/02/2023: $0
Dividend Frequency: Annually

Record Date	Ex-Dividend Date	Reinvest & Payable Date	Dividend	Reinvest Price
12/19/2022	12/20/2022	12/20/2022	$0.11160	$11.58

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date	Ex-Dividend Date	Reinvest & Payable Date
12/18/2023	12/19/2023	12/19/2023

Capital Gains Distributions

For

Record Date	Reinvest & Payable Date	Long-term	Short-term *	Total	Reinvest Price
12/16/2021	12/17/2021	$0.9423	$1.2338	$2.1761	$13.99

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.

Fees & Expenses

EXPENSE RATIOas of 04/30/2023

Fund Gross Expense Ratio	Fund Net Expense Ratio
3.18%	0.65%

Expense ratio details, Click here.

The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/29/2024. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.

Fund Documents

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	0Documents selected				Order
n/a	Portfolio Holdings 3Q Publish Date:11/03/2015
n/a	Portfolio Holdings 1Q Publish Date:11/03/2015
n/a	Portfolio Holdings 3Q Publish Date:11/03/2015
	Summary Prospectus Publish Date:11/03/2015
n/a	Statutory Prospectus Publish Date:11/03/2015
	SAI Publish Date:11/03/2015
	Annual Report Publish Date:11/03/2015
	Semi-Annual Report Publish Date:11/03/2015
	Fact Sheet Publish Date:11/03/2015
	Commentary Publish Date:11/03/2015

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There is no minimum initial investment for (i) purchases through or by registered investment advisers (RIAs), bank trust departments, and other financial intermediaries otherwise eligible to purchase Class I shares that charge a fee for services that include investment advisory or management services or (ii) purchases by retirement and benefit plans meeting the Class I eligibility requirements as described in the prospectus. These investment minimums may be suspended, changed, or withdrawn by Lord Abbett Distributor LLC ("Lord Abbett Distributor").
Class I shares minimum initial investment of $1,000,000, unless otherwise noted, applies to certain types of institutional investors as described in the prospectus.

IMPORTANT INFORMATION

New Fund Risk: The Fund is newly organized. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investing strategy.

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 and/or sectors in the economy. The foreign securities in which the Fund primarily invests generally pose greater risks than domestic securities, including greater price fluctuations and higher transaction costs. Foreign investments also may be affected by changes in currency rates or currency controls. With respect to certain foreign countries, there is a possibility of nationalization, expropriation or confiscatory taxation, imposition of withholding or other taxes, and political or social instability that could affect investments in those countries. These risks can be greater in the case of emerging country securities. Investments in either growth or value stocks may shift in and out of favor for long periods of time, depending on market and economic conditions. The Fund is subject to the risks associated with derivatives, which may be different from and greater than the risks associated with investing directly in securities and other investments. The Fund may invest in exchange-traded funds (“ETFs”), investments in ETFs are subject to a variety of risks, including the risks associated with a direct investment in the underlying securities that the ETF holds.

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance 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 their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

Class I - SEC Returns reflect performance for Class I shares at Net Asset Value.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

Returns shown at less than a year reflect aggregate total returns.

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

The MSCI ACWI Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The MSCI ACWI consists of 46 country indices comprising 23 developed and 23 emerging market country indices. The developed market country indices included are: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The emerging market country indices included are: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates.

MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

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Summary

Summary

What is the Global Equity Fund?

The Fund seeks long-term growth of capital by investing in stocks of both U.S. and non-U.S. companies.

Fund Basicsas of 04/28/2023

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

INVESTMENT TEAM

Contact a Representative

Performance

Performance

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

Fund Expense Ratio :

Gross 3.18%

Net 0.65%

NAV Historical Prices

Portfolio

Portfolio

Countryas of 04/28/2023

Portfolio Positioning as of 03/31/2023

Portfolio Details as of 04/28/2023

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

Upcoming Dividend Payment Dates

Capital Gains Distributions

Fees & Expenses

Fees & Expenses

EXPENSE RATIOas of 04/30/2023

Fund Documents

Fund Documents

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