JERSEY CITY, NJ March 3, 2025 – Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately-held investment management firm, was named number one in Barron’s annual ranking of the Best Fund Families. Lord Abbett’s position at the top of Barron’s list places it ahead of 47 other qualifying firms and nearly 800 total asset managers in Lipper’s database.

“This recognition is a testament to the dedication and expertise of our investment professionals, and their unwavering commitment to our clients,” said Doug Sieg, CEO and Managing Partner of Lord Abbett. “We have focused relentlessly on offering high-quality, actively managed products long term, and being named the Best Fund Family is excellent validation that our strategy is paying off.”

Barron’s highly anticipated annual rankings date back more than 20 years and examine the performance of a variety of actively managed funds. The ranking evaluates firms that offer at least three actively managed mutual funds or exchanged-traded funds in the general U.S. stock category defined by Lipper LSEG, in addition to at least one actively managed fund in both the world equity and mixed-asset categories. Firms must also provide two or more taxable bond funds and a national tax-exempt bond fund.

Lord Abbett’s place on top of Barron’s rankings is a result of its excellent weighted average performance across various Lipper’s fund categories, with the firm’s funds placing in the top 10 in each, including the top performance in General Equity, second in Taxable Bonds, and fifth in Tax-Exempt bonds. Lord Abbett also rose up to sixth in Barron’s five-year rankings which track firms’ long-term performance.*

The full rankings are available at Barron’s.

About Lord Abbett
Lord Abbett & Co. LLC is a privately held, global asset management firm founded in 1929. From the day we first opened for business, our approach to investing for and serving our clients has been rooted in our core beliefs: Our clients always come first, our firm maintains a singular focus on the management of money, and our perspective is shaped by our independent thinking. These beliefs and our experience have empowered us to serve generations of clients, navigate changing markets, and earn the privilege of managing approximately $217 billion in assets (as of December 31, 2024) across a full range of global investment offerings.

About Barron's Best Fund Families
Source: Barron's, "Best Fund Families of 2024." February 27, 2025

*The 2024 Barron’s Best Fund Families List ranks the active management ability of qualifying companies. Rankings are based on the asset-weighted one-year returns as of 12/31/24, excluding 12b-1 fees and sales loads, of a company’s actively managed fund line up in five asset class categories: US Equity, World Equity, Mixed Asset, Taxable Bond, and Tax-Exempt Bond as determined by Barron’s. Overall ranking based on aggregate, weighted score across the five asset categories. Performance data from Refinitiv Lipper.

Past performance does not guarantee future results. Lord Abbett ranked overall #1 of 48, #6 of 46, and #23 of 46 for the 1- ,5-, and 10-year periods respectively.

Investors should carefully consider the investments 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, call Lord Abbett LLC at (888) 522- 2388 or visit us at lordabbett.com. Read the prospectus carefully before you invest.

Lord Abbett Mutual Fund shares are distributed by Lord Abbett Distributor LLC.

Media Inquiries
mediarelations@lordabbett.com