Lord Abbett Developing Growth Fund Q2 2024 Performance Review
Thursday, 29 August 2024, 11:30
Lord Abbett Developing Growth Fund Q2 2024 Overview
The Lord Abbett Developing Growth Fund achieved a return of 0.99% for the quarter ending June 30, 2024. This figure accounts for performance at the NAV of Class I shares, with all distributions reinvested.
Performance Factors
- Market Volatility: The fund's results were significantly influenced by recent market fluctuations.
- Investment Strategy: Active management and selective stock picks drove overall performance.
Looking Ahead
As we approach the next quarters, the Lord Abbett Developing Growth Fund remains focused on identifying growth opportunities amidst evolving market landscapes. The fund's strategies aim to capitalize on emerging trends to deliver value to investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.