Morningstar Upgrades Lord Abbett's Parent Rating, Expands Morningstar Medalist Rating™ Fund Lineup

Lord, Abbett & Co. LLC ("Lord Abbett"), an independent, privately held global asset manager, announced that Morningstar upgraded the firm's Parent rating from Neutral to Above Average. Morningstar also awarded 29 Morningstar Medalist Ratings™ across 29 Lord Abbett strategies.

The latest review cycle represents a significant expansion of the firm's Medalist-rated mutual funds across both fixed income and equity strategies.

The Morningstar Medalist Rating is a forward-looking assessment indicating which investments Morningstar believes are likely to outperform their Morningstar Category average on a risk-adjusted basis over time. Morningstar's Parent rating evaluates an asset manager's stewardship, investment culture, and ability to support successful investment strategies over time.

"This recognition acknowledges the strength of investment teams and the discipline of their investment processes in individual strategies across our platform," said Douglas Sieg, CEO & Managing Partner of Lord Abbett. "We have prioritized maintaining a high-quality investment platform, strengthening our capabilities, and ensuring that we offer strategies that have the talent, depth, and repeatability to deliver enduring value for our clients. Morningstar's rating upgrade is meaningful recognition of our efforts."

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About Lord Abbett

Lord, Abbett & Co. LLC is an independent, privately held global asset manager founded in 1929. As of March 31, 2026, Lord Abbett manages approximately $250 billion in assets under management on behalf of institutional and individual investors worldwide. The firm offers a range of actively managed investment strategies, including equities, fixed income, multi-asset, and alternative credit. For more information, visit www.lordabbett.com or follow Lord Abbett on LinkedIn.