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Schedules of Investments (Item 7)
1
M
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5
Statements of Assets and Liabilities (Item 7)
7
Statements of Operations (Item 7)
8
Statements of Changes in Net Assets (Item 7)
1
0
Financial Highlights (Item 7)
1
8
Notes to Financial Statements (Item 7)
3
6
Report of Independent Registered Public Accounting Firm (Item 7)
4
6
Changes in and Disagreements with Accountants (Item 8)
4
6
Proxy Disclosures (Item 9)
4
6
Remuneration Paid to Trustees, Officers, and Others (Item 10)
S
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N
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.
1
LONG-TERM INVESTMENTS 99.98%
INVESTMENTS IN UNDERLYING FUNDS
(a)
99.98%
Lord Abbett Affiliated Fund, Inc.-Class I
(b)(c)
10,245,495 $
205,831,996
Lord Abbett Investment Trust-Core Fixed Income Fund-Class I
(b)(d)
31,976,950
297,385,632
Lord Abbett Research Fund, Inc.-Dividend Growth Fund-Class I
(b)(e)
12,468,766
313,340,083
Lord Abbett Global Fund, Inc.-Emerging Markets Bond Fund-Class I
(b)(f)
16,820,303
71,654,493
Lord Abbett Securities Trust-Fundamental Equity Fund-Class I
(b)(c)
17,337,414
277,571,998
Lord Abbett Securities Trust-Growth Leaders Fund-Class I*
(b)(g)
4,606,258
231,832,959
Lord Abbett Investment Trust-High Yield Fund-Class I
(b)(h)
15,828,216
102,566,840
Lord Abbett Investment Trust-Income Fund-Class I
(b)(i)
77,704,622
191,930,416
Lord Abbett Securities Trust-International Equity Fund-Class I
(b)(j)
5,522,505
86,482,437
Lord Abbett Securities Trust-International Value Fund-Class I
(b)(k)
9,148,609
74,927,109
Lord Abbett Investment Trust-Short Duration Income Fund-Class I
(b)(i)
11,778,025
45,580,956
Lord Abbett Investment Trust-Ultra Short Bond Fund-Class I
(b)(l)
426,574
4,274,274
Lord Abbett Securities Trust-Value Opportunities Fund-Class I
(b)(m)
5,176,996
112,910,282
Lord Abbett Private Credit Fund
(n)(o)
669,590
(p)
16,900,783
Total Investments in Underlying Funds
(cost $1,784,487,493)
2,033,190,258
Principal
Amount
SHORT-TERM INVESTMENTS 0.01%
REPURCHASE AGREEMENTS 0.01%
Repurchase Agreement dated 11/29/2024,
2.200% due 12/2/2024 with Fixed Income
Clearing Corp. collateralized by $351,000
of U.S. Treasury Note at 0.375%
due 12/31/2025; value: $336,740;
proceeds: $330,109
(cost $330,049)
$330,049
330,049
Total Investments in Securities 99.99%
(cost $1,784,817,542)
2,033,520,307
Other Assets and Liabilities – Net
(q)
0.01%
153,010
Net Assets 100.00%
$2,033,673,317
*
Non-income producing security.
(a)
Affiliated issuers (See Note 11).
(b)
These investments offer daily redemptions.
(c)
Fund investment objective is long-term growth of capital and income without excessive fluctuations in market value.
(d)
Fund investment objective is to seek income and capital appreciation to produce a high total return.
(e)
Fund investment objective is to seek current income and capital appreciation.
(f)
Fund investment objective is to seek high total return.
(g)
Fund investment objective is to seek capital appreciation.
(h)
Fund investment objective is to seek a high current income and the opportunity for capital appreciation to produce
a high total return.
(i)
Fund investment objective is to seek a high level of income consistent with preservation of capital.
Fair
Investments
Shares
Value
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MULTI-ASSET BALANCED OPPORTUNITY FUND
N
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3
0
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2
0
2
4
2
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MULTI-ASSET BALANCED OPPORTUNITY FUND
N
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3
0
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2
0
2
4
(j)
Fund investment objective is to seek long-term capital appreciation.
(k)
Fund investment objective is to seek a high level of total return.
(l)
Fund investment objective is to seek current income consistent with the preservation of capital.
(m)
Fund investment objective is long-term capital appreciation.
(n)
Fund investment objective is to generate current income and, to a lesser extent, long-term capital appreciation.
(o)
Restricted securities (including private placement) – investments in securities not registered under the Securities Act
of 1933 (excluding 144A issues). At November 30, 2024, the value of restricted securities (excluding 144A issues)
amounted to $16,900,783 or 0.83% of net assets.
(p)
Shares represent partnership interest.
(q)
Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on futures contracts as follows:
Futures Contracts at November 30, 2024:
N
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US 10YR NOTE (CBT)
March 2025
360
Short
$(39,563,211) $(40,027,500)
$(464,289)
The following is a summary of the inputs used as of November 30, 2024 in valuing the Fund’s investments
carried at fair value
(1)
:
Investment Type
(2)
Level 1
Level 2 Level 3
Total
Long-Term Investments
Investments in Underlying Funds
$2,016,289,475 $
16,900,783 $ – $
2,033,190,258
Short-Term Investments
Repurchase Agreements
–
330,049 –
330,049
Total
$2,016,289,475 $
17,230,832 $ – $
2,033,520,307
Other Financial Instruments
Futures Contracts
Assets $
– $
– $ – $
–
Liabilities
(464,289)
– –
(464,289)
Total $
(464,289) $
– $ – $
(464,289)
(1)
Refer to Note 2(l) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)
See Schedule of Investments for fair values in each investment in Underlying Funds. When applicable, each Level 3
security is identified on the Schedule of Investments along with the valuation technique utilized.
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3
investments at the beginning or end of the year in relation to the Fund’s net assets.