About ELMFX
The Lord Abbett Emerging Markets Equity Fund is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities with significant economic ties to emerging market countries. The fund employs a blend strategy, targeting both growth and value stocks, and maintains broad diversification across sectors such as technology, consumer defensive, energy, financial services, and communication services. The portfolio features over 90 holdings, with leading positions in companies like Taiwan Semiconductor Manufacturing, Samsung Electronics, and Tencent Holdings, which are key drivers in the technology and communication sectors.
The fund is designed to capture growth opportunities in emerging economies outside of the United States, Canada, Japan, Australia, New Zealand, and most Western European nations. It invests at least 80% of its assets in such equities and may use derivatives to manage risk or adjust portfolio characteristics. By maintaining a relatively low expense ratio compared to its peers and an annual dividend distribution, the fund aims to provide investors with exposure to dynamic global markets, balancing both risk and return potential inherent in emerging market equities.
Fund Family Lord Abbett
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ELMFX
Share Class Class F
Index Index is not provided by Management Company
ELMFX had a total return of 43.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.75%.
