Lord Abbett Growth Leaders Fund

U.S. News evaluated 464 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 28.91 percent over the past year, and 15.31 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 5.4%
1 Year 28.9%
3 Years (Annualized) 15.3%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation. To pursue its objective, the fund invests principally in the equity securities of U.S. and foreign companies that the fund's portfolio managers believe demonstrate above-average, long-term growth potential in all market capitalization ranges. Under normal conditions, the fund will invest at least 50% of its net assets in companies having a market capitalization range within the range of companies included in the Russell 1000® Index, a widely used benchmark for large-cap stock performance.

Fees

Fees are Above Average compared to funds in the same category.
Lord Abbett Growth Leaders Fund has an expense ratio of 1.49 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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