Lord Abbett Developing Growth Fund Q4 2024 Commentary
Source: SeekingAlpha
2025-04-02 00:01:00 ET
Summary
- The Fund returned 0.91%, reflecting performance at the net asset value of Class I shares with all distributions reinvested for the quarter ended December 31, 2024, compared to the 1.70% return of the Fund’s benchmark, the Russell 2000 Growth Index.
- Our view is that the pressure on stock market valuations from the post-pandemic inflation surge is receding, which is allowing the Fed to cut interest rates while the economy continues to demonstrate steady growth.
- We are currently finding ample opportunities across the market cap spectrum in many of our favorite areas as they appear ready to re-accelerate their growth in 2025 and beyond.
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Lord Abbett Developing Growth Fund Q4 2024 Commentary
Agilysys Inc.
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