Lord Abbett Affiliated Fund returned 1.60%, reflecting performance at the net asset value of Class I shares with all distributions reinvested for the quarter ended March 31, 2026.
Security selection within the Utilities and Health Care sectors were the largest contributors to performance.
Security selection within the Materials and Industrials sectors were the largest detractors from performance.
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Market Review
The quarter was defined by a balance between economic resilience and rising geopolitical and macro uncertainty. Markets faced headwinds from weakness in Technology/Software (driven by artificial intelligence disruption concerns) and escalating geopolitical tensions, though supportive macroeconomic conditions