Fund Evaluator:

Lord Abbett Global Equity R5 Overview

Lord Abbett Global Equity R5 (LGCVX) is an actively managed International Equity Global Large-Stock Blend fund. Lord Abbett launched the fund in 2017.

The investment seeks long-term capital appreciation. The fund invests in a diversified portfolio of equity securities of global issuers across all market capitalizations. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of foreign and U.S. companies. The fund invests a percentage of its net assets in securities of non-U.S. companies equal to at least the lesser of 40% or the percentage of non-U.S. companies in the index designated by the fund as its benchmark less 10%.

About Lord Abbett Global Equity R5 (LGCVX)

There are 4 members of the management team with an average tenure of 1.97 years: Ryan Howard (2019), Sue Kim (2026), Michael Glaccum (2026), Matthias Knerr (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI GR USD index with a weighting of 100%. Lord Abbett Global Equity R5 has 82 securities in its portfolio. The top 10 holdings constitute 38.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Lord Abbett Global Equity R5 is part of the Equity global asset class and is within the International Equity fund group. Lord Abbett Global Equity R5 has 37.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.6%. There is 37.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Lord Abbett Global Equity R5 has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $25 million in total assets, which is below the $1 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

LGCVX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Lord Abbett Global Equity R5 expense ratio is above average compared to funds in the Global Large-Stock Blend category. Lord Abbett Global Equity R5 has an expense ratio of 0.65%, which is 38% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Lord Abbett Global Equity R5 has a portfolio turnover rate of 61%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, Lord Abbett Global Equity R5 returned 0.1%, which earned it a grade of C, as the Global Large-Stock Blend category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Lord Abbett Global Equity R5 has a trailing yield of 0.66%, which is below the 0.95% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Lord Abbett Global Equity R5 Grades

Year to date, the fund has returned 8.2%, 1.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 15.5% over the past year (grade of D), 17.7% over the past three years (grade of B) and 10.3% per year over the past five years (grade of B).

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