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Lord Abbett Growth Leaders Fund Q1 2026 Commentary
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Lord Abbett Growth Leaders Fund Q1 2026 Commentary

Seeking Alpha·Lord, Abbett & Co. LLC·22 days ago
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Home Latest Articles Summary Lord Abbett Growth Leaders Fund returned -10.26%, reflecting performance at NAV of Class I shares with all distributions reinvested for the quarter ended March 31, 2026, compared to the -9.90% return of the Fund's benchmark, the Russell 1000® Growth Index. Security selection within the Communication Services sector detracted from relative performance over the period, driven by an overweight allocation to Reddit, Inc. (1.5%), a social networking and content platform. Security selection within the Consumer Discretionary sector also detracted from relative performance, driven by an overweight allocation to Carvana Co. (1.8%), an online platform for buying and selling automobiles. Alex Cristi /iStock via Getty Images Market Review The quarter was defined by a balance between economic resilience and rising geopolitical and macro uncertainty.…

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