UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM N-CSR

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act File Number: 811-07538

 

LORD ABBETT SECURITIES TRUST

(Exact name of Registrant as specified in charter)

 

30 Hudson Street, Jersey City, New Jersey 07302-4804

(Address of principal executive offices) (Zip code)

 

Randolph A. Stuzin, Esq.

Vice President and Assistant Secretary

30 Hudson Street, Jersey City, New Jersey 07302-4804

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: (888) 522-2388

 

Date of fiscal year end: 10/31

 

Date of reporting period: 4/30/2026

 
Item 1:Report(s) to Shareholders.

 

 

Image

Class A

ALFAX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$23
0.43%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-265-A

06/26

Image

Class C

ALFCX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$63
1.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-679-C

06/26

Image

Class F

ALFFX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$15
0.28%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1025-F

06/26

Image

Class F3

ALFOX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$5
0.10%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8961-F3

06/26

Image

Class I

ALFYX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$10
0.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1429-I

06/26

Image

Class R2

ALFQX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$41
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1095-R2

06/26

Image

Class R3

ALFRX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$36
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2069-R3

06/26

Image

Class R4

ALFKX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$23
0.43%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8719-R4

06/26

Image

Class R5

ALFTX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$10
0.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8751-R5

06/26

Image

Class R6

ALFVX 

Lord Abbett Alpha Strategy Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Alpha Strategy Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$5
0.10%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$664,825,239
# of Portfolio Holdings
6
Portfolio Turnover Rate
3%
Table Summary
Portfolio Holdings Presented by Portfolio Allocation
%Footnote Reference*
Lord Abbett Developing Growth Fund, Inc. - Class I
20.22%
Lord Abbett Focused Small Cap Value Fund - Class I
9.99%
Lord Abbett International Opportunities Fund - Class I
19.59%
Lord Abbett Micro Cap Growth Fund - Class I
10.20%
Lord Abbett Small Cap Value Fund - Class I
20.03%
Lord Abbett Value Opportunities Fund - Class I
19.97%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8783-R6

06/26

Image

Class A

LGCAX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$46
0.90%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8810-A

06/26

Image

Class C

LGCCX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$85
1.65%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8811-C

06/26

Image

Class F

LGCFX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$39
0.75%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8812-F

06/26

Image

Class F3

LGCOX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$29
0.56%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8994-F3

06/26

Image

Class I

LGCYX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$33
0.65%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8813-I

06/26

Image

Class R3

LGCRX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$59
1.15%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8815-R3

06/26

Image

Class R4

LGCSX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$46
0.90%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8816-R4

06/26

Image

Class R5

LGCVX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$33
0.65%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8817-R5

06/26

Image

Class R6

LGCWX 

Lord Abbett Global Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Global Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$29
0.56%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$393,914,920
# of Portfolio Holdings
85
Portfolio Turnover Rate
25%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
8.60%
Consumer Discretionary
11.00%
Consumer Staples
4.64%
Energy
3.40%
Financials
15.39%
Health Care
7.26%
Industrials
14.10%
Information Technology
31.40%
Materials
1.49%
Real Estate
0.37%
Utilities
1.03%
Repurchase Agreements
1.32%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8818-R6

06/26

Image

Class A

LICAX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$46
0.87%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1418-A

06/26

Image

Class C

LICCX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$86
1.62%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1420-C

06/26

Image

Class F

LICFX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$38
0.72%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1026-F

06/26

Image

Class F3

LICOX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$30
0.56%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8975-F3

06/26

Image

Class I

LICYX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$33
0.62%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1422-I

06/26

Image

Class P

LICPX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class P
$54
1.02%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1421-P

06/26

Image

Class R2

LICQX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$65
1.22%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1096-R2

06/26

Image

Class R3

LICRX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$60
1.12%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2070-R3

06/26

Image

Class R4

LICSX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$46
0.87%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8720-R4

06/26

Image

Class R5

LICTX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$33
0.62%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8752-R5

06/26

Image

Class R6

LICVX 

Lord Abbett International Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$30
0.56%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$721,922,207
# of Portfolio Holdings
111
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
3.66%
Consumer Discretionary
6.30%
Consumer Staples
4.32%
Energy
3.49%
Financials
22.17%
Health Care
7.52%
Industrials
18.66%
Information Technology
21.94%
Materials
5.87%
Real Estate
0.52%
Utilities
1.78%
Repurchase Agreements
2.85%
Money Market FundsFootnote Reference
0.83%
Time DepositsFootnote Reference
0.09%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8784-R6

06/26

Image

Class A

LFVAX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$69
1.28%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-272-A

06/26

Image

Class C

LFVCX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$109
2.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9028-C

06/26

Image

Class F

LFSFX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$55
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9029-F

06/26

Image

Class F3

LMVOX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$53
0.98%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9030-F3

06/26

Image

Class I

LMVYX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$55
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-699-I

06/26

Image

Class R5

LMVVX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$55
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9034-R5

06/26

Image

Class R6

LMVWX 

Lord Abbett Focused Small Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Small Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$53
0.99%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$95,733,692
# of Portfolio Holdings
42
Portfolio Turnover Rate
32%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.39%
Consumer Discretionary
6.88%
Consumer Staples
4.06%
Energy
7.26%
Financials
25.70%
Health Care
6.57%
Industrials
22.45%
Information Technology
11.20%
Materials
8.76%
Real Estate
2.59%
Utilities
2.47%
Repurchase Agreements
0.67%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9035-R6

06/26

Image

Class A

LFGAX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$51
1.05%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8895-A

06/26

Image

Class C

LFGCX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$87
1.80%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8896-C

06/26

Image

Class F

LFGFX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$39
0.80%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8897-F

06/26

Image

Class F3

LFGOX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$34
0.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8899-F3

06/26

Image

Class I

LFGIX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$39
0.80%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8898-I

06/26

Image

Class R3

LFGQX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$63
1.30%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9122-R3

06/26

Image

Class R4

LFGSX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$51
1.05%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9123-R4

06/26

Image

Class R5

LFGTX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$39
0.80%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9124-R5

06/26

Image

Class R6

LFGVX 

Lord Abbett Focused Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$34
0.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$162,700,173
# of Portfolio Holdings
34
Portfolio Turnover Rate
75%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.58%
Consumer Discretionary
6.00%
Consumer Staples
1.20%
Financials
2.17%
Health Care
15.61%
Industrials
16.29%
Information Technology
44.69%
Repurchase Agreements
2.46%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9125-R6

06/26

Image

Class A

LAFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$49
0.96%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9016-A

06/26

Image

Class C

LCFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$87
1.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9017-C

06/26

Image

Class F

LFFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$36
0.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9018-F

06/26

Image

Class F3

LOFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$32
0.63%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9020-F3

06/26

Image

Class I

LIFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$36
0.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9019-I

06/26

Image

Class R3

LQFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$62
1.21%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9022-R3

06/26

Image

Class R4

LSFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$49
0.96%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9023-R4

06/26

Image

Class R5

LFLTX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$36
0.71%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9024-R5

06/26

Image

Class R6

LVFLX 

Lord Abbett Focused Large Cap Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Focused Large Cap Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$32
0.63%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$148,305,663
# of Portfolio Holdings
32
Portfolio Turnover Rate
35%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.59%
Consumer Discretionary
10.06%
Consumer Staples
5.61%
Energy
7.93%
Financials
20.49%
Health Care
11.44%
Industrials
14.17%
Information Technology
17.07%
Materials
2.91%
Real Estate
3.52%
Repurchase Agreements
1.21%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9025-R6

06/26

Image

Class A

LDFVX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$48
0.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-262-A

06/26

Image

Class C

GILAX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$87
1.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-243-C

06/26

Image

Class F

LAVFX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$41
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1024-F

06/26

Image

Class F3

LDFOX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$32
0.62%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8970-F3

06/26

Image

Class I

LAVYX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$35
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1403-I

06/26

Image

Class P

LAVPX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class P
$59
1.13%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-592-P

06/26

Image

Class R2

LAVQX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$66
1.28%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1094-R2

06/26

Image

Class R3

LAVRX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$61
1.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2068-R3

06/26

Image

Class R4

LAVSX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$49
0.94%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8718-R4

06/26

Image

Class R5

LAVTX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$35
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8750-R5

06/26

Image

Class R6

LAVVX 

Lord Abbett Fundamental Equity Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Fundamental Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$32
0.62%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$2,210,839,803
# of Portfolio Holdings
57
Portfolio Turnover Rate
22%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
5.52%
Consumer Discretionary
6.97%
Consumer Staples
4.47%
Energy
8.16%
Financials
20.26%
Health Care
14.14%
Industrials
14.87%
Information Technology
14.05%
Materials
5.03%
Real Estate
1.75%
Utilities
4.31%
Repurchase Agreements
0.47%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8782-R6

06/26

Image

Class A

LGLAX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$44
0.90%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3335-A

06/26

Image

Class C

LGLCX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$80
1.65%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3336-C

06/26

Image

Class F

LGLFX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$31
0.64%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3337-F

06/26

Image

Class F3

LGLOX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$28
0.57%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8971-F3

06/26

Image

Class I

LGLIX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$31
0.64%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3338-I

06/26

Image

Class R2

LGLQX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$61
1.25%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3339-R2

06/26

Image

Class R3

LGLRX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$56
1.15%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-3340-R3

06/26

Image

Class R4

LGLSX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$44
0.90%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8727-R4

06/26

Image

Class R5

LGLUX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$32
0.65%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8759-R5

06/26

Image

Class R6

LGLVX 

Lord Abbett Growth Leaders Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Growth Leaders Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$28
0.57%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$7,549,340,877
# of Portfolio Holdings
62
Portfolio Turnover Rate
50%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
11.27%
Consumer Discretionary
7.44%
Consumer Staples
0.91%
Energy
0.41%
Financials
1.28%
Health Care
13.79%
Industrials
16.81%
Information Technology
44.25%
Repurchase Agreements
3.84%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8791-R6

06/26

Image

Class A

LHCAX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$51
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9126-A

06/26

Image

Class C

LHCCX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$88
1.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9127-C

06/26

Image

Class F

LHCFX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$39
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9128-F

06/26

Image

Class F3

LHCOX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$34
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9130-F3

06/26

Image

Class I

LHCIX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$39
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9129-I

06/26

Image

Class R3

LHCQX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$63
1.28%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9132-R3

06/26

Image

Class R4

LHCSX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$51
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9133-R4

06/26

Image

Class R5

LHCTX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$39
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9134-R5

06/26

Image

Class R6

LHCVX 

Lord Abbett Health Care Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Health Care Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$34
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$8,118,556
# of Portfolio Holdings
64
Portfolio Turnover Rate
37%
Table Summary
Portfolio Holdings Presented by Industry
% Footnote Reference*
Biotechnology
41.41%
Health Care Equipment & Supplies
6.96%
Health Care Providers & Services
10.98%
Health Care Technology
0.85%
Life Sciences Tools & Services
4.67%
Pharmaceuticals
31.50%
Repurchase Agreements
1.75%
Money Market FundsFootnote Reference**
1.69%
Time DepositsFootnote Reference**
0.19%
Total
100.00%
FootnoteDescription
Footnote*
Represents percent of total investments, which excludes derivatives.
Footnote**
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9135-R6

06/26

Image

Class A

LAIEX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$65
1.23%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-263-A

06/26

Image

Class C

LINCX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$105
1.98%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-677-C

06/26

Image

Class F

LINFX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$57
1.08%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1027-F

06/26

Image

Class F3

LOIEX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$48
0.91%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8977-F3

06/26

Image

Class I

LINYX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$52
0.98%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-686-I

06/26

Image

Class P

LINPX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class P
$75
1.42%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-600-P

06/26

Image

Class R2

LINQX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$84
1.58%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1097-R2

06/26

Image

Class R3

LINRX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$79
1.48%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2071-R3

06/26

Image

Class R4

LINSX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$65
1.23%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8721-R4

06/26

Image

Class R5

LINTX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$52
0.98%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8753-R5

06/26

Image

Class R6

LINVX 

Lord Abbett International Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$48
0.91%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$347,439,022
# of Portfolio Holdings
108
Portfolio Turnover Rate
67%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
1.33%
Consumer Discretionary
8.74%
Consumer Staples
3.92%
Energy
6.27%
Financials
9.86%
Health Care
5.43%
Industrials
32.29%
Information Technology
19.03%
Materials
8.25%
Real Estate
2.57%
Utilities
0.77%
Repurchase Agreements
0.84%
Money Market FundsFootnote Reference
0.63%
Time DepositsFootnote Reference
0.07%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8785-R6

06/26

Image

Class A

LIDAX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$49
0.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2117-A

06/26

Image

Class C

LIDCX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$89
1.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2119-C

06/26

Image

Class F

LIDFX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$41
0.78%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2121-F

06/26

Image

Class F3

LIDOX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$32
0.61%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8976-F3

06/26

Image

Class I

LAIDX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$36
0.68%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2120-I

06/26

Image

Class R2

LIDRX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$68
1.28%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2122-R2

06/26

Image

Class R3

LIRRX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$63
1.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2123-R3

06/26

Image

Class R4

LIRSX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$49
0.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8725-R4

06/26

Image

Class R5

LIRTX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$35
0.66%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8757-R5

06/26

Image

Class R6

LIRVX 

Lord Abbett International Value Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett International Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$32
0.61%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$514,883,210
# of Portfolio Holdings
81
Portfolio Turnover Rate
34%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.91%
Consumer Discretionary
4.67%
Consumer Staples
6.11%
Energy
6.83%
Financials
34.37%
Health Care
7.23%
Industrials
13.19%
Information Technology
7.21%
Materials
7.69%
Utilities
5.44%
Repurchase Agreements
3.05%
Money Market FundsFootnote Reference
1.17%
Time DepositsFootnote Reference
0.13%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8789-R6

06/26

Image

Class A

LAMGX 

Lord Abbett Micro Cap Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Micro Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$71
1.36%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$203,608,823
# of Portfolio Holdings
82
Portfolio Turnover Rate
46%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.96%
Consumer Discretionary
7.97%
Consumer Staples
3.28%
Financials
6.85%
Health Care
27.16%
Industrials
23.47%
Information Technology
19.54%
Repurchase Agreements
1.32%
Money Market FundsFootnote Reference
6.70%
Time DepositsFootnote Reference
0.75%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-271-A

06/26

Image

Class C

LCMGX 

Lord Abbett Micro Cap Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Micro Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$111
2.11%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$203,608,823
# of Portfolio Holdings
82
Portfolio Turnover Rate
46%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.96%
Consumer Discretionary
7.97%
Consumer Staples
3.28%
Financials
6.85%
Health Care
27.16%
Industrials
23.47%
Information Technology
19.54%
Repurchase Agreements
1.32%
Money Market FundsFootnote Reference
6.70%
Time DepositsFootnote Reference
0.75%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9069-C

06/26

Image

Class F

LFMGX 

Lord Abbett Micro Cap Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Micro Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$58
1.11%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$203,608,823
# of Portfolio Holdings
82
Portfolio Turnover Rate
46%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.96%
Consumer Discretionary
7.97%
Consumer Staples
3.28%
Financials
6.85%
Health Care
27.16%
Industrials
23.47%
Information Technology
19.54%
Repurchase Agreements
1.32%
Money Market FundsFootnote Reference
6.70%
Time DepositsFootnote Reference
0.75%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-9070-F

06/26

Image

Class I

LMIYX 

Lord Abbett Micro Cap Growth Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Micro Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$58
1.11%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$203,608,823
# of Portfolio Holdings
82
Portfolio Turnover Rate
46%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Communication Services
2.96%
Consumer Discretionary
7.97%
Consumer Staples
3.28%
Financials
6.85%
Health Care
27.16%
Industrials
23.47%
Information Technology
19.54%
Repurchase Agreements
1.32%
Money Market FundsFootnote Reference
6.70%
Time DepositsFootnote Reference
0.75%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.
Footnote
Securities were purchased with the cash collateral from loaned securities.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-700-I

06/26

Image

Class A

LVOAX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class A
$62
1.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-580-A

06/26

Image

Class C

LVOCX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class C
$102
1.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-586-C

06/26

Image

Class F

LVOFX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F
$54
1.03%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-1029-F

06/26

Image

Class F3

LVOOX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class F3
$44
0.84%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8983-F3

06/26

Image

Class I

LVOYX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class I
$49
0.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-594-I

06/26

Image

Class P

LVOPX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class P
$73
1.38%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-595-P

06/26

Image

Class R2

LVOQX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R2
$81
1.53%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2043-R2

06/26

Image

Class R3

LVORX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R3
$76
1.43%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-2073-R3

06/26

Image

Class R4

LVOSX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R4
$62
1.18%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8722-R4

06/26

Image

Class R5

LVOTX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R5
$49
0.93%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8754-R5

06/26

Image

Class R6

LVOVX 

Lord Abbett Value Opportunities Fund 

Semi-Annual Shareholder Report

April 30, 2026 

lordabbett.com/FundDocuments

This semi-annual shareholder report contains important information about the Lord Abbett Value Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. 

What were the Fund costs for the last period?

(based on a hypothetical $10,000 investment)

Table Summary
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Class R6
$44
0.84%Footnote Reference(a)
FootnoteDescription
Footnote(a)
Annualized.

What did the Fund invest in?

(as of April 30, 2026)

Key Fund Statistics

 

 (as of April 30, 2026)

Table Summary
Total Net Assets
$1,133,631,545
# of Portfolio Holdings
64
Portfolio Turnover Rate
16%
Table Summary
Portfolio Holdings Presented by SectorFootnote Reference*
% Footnote Reference**
Consumer Discretionary
9.19%
Consumer Staples
4.35%
Energy
6.10%
Financials
18.30%
Health Care
8.61%
Industrials
24.85%
Information Technology
18.67%
Materials
4.77%
Real Estate
1.52%
Utilities
3.03%
Repurchase Agreements
0.61%
Total
100.00%
FootnoteDescription
Footnote*
A sector may comprise several industries.
Footnote**
Represents percent of total investments, which excludes derivatives.

Where can I find additional information about the Fund?

For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

TSR-SA-8786-R6

06/26

(b)Not applicable.
 
Item 2:Code of Ethics.
(a)Not applicable.

 

(b)Not applicable.

 

(c)The Registrant has not amended its Sarbanes-Oxley Code of Ethics for the principal executive officer and senior financial officers of the Registrant (“Code of Ethics”) during the six-month period ended April 30, 2026 (the “Period”). Subsequent to the Period, the Registrant updated its Code of Ethics solely to reflect a change to the Registrant’s principal financial officer and principal accounting officer, effective May 22, 2026.

 

(d)The Registrant has not granted any waiver, including an implicit waiver, from a provision of the Code of Ethics as described in Form N-CSR during the Period.

 

(e)Not applicable.

 

(f)See Item 19(a)(1) concerning the filing of the Code of Ethics.

 

Item 3:Audit Committee Financial Expert.
Not applicable.

 

Item 4:Principal Accountant Fees and Services.
Not applicable.

 

Item 5:Audit Committee of Listed Registrants.
Not applicable.

 

Item 6:Investments.
The Registrant’s “Schedule I - Investments in securities of unaffiliated issuers” as of the close of the reporting period is included under Item 7 of this Form N-CSR.

 

Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies.

 

Item 8: Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

 

Item 9: Proxy Disclosures for Open-End Management Investment Companies.

 

Item 10: Remuneration Paid to Directors, Officers, and Others for Open-End Management Investment Companies.

 

Item 11: Statement Regarding Basis for Approval of Investment Advisory Contract.
The basis for the approval of the investment adviser contract is included as part of the report to shareholders filed under Iitem 1 (a) of this form N-CSR.
 

 

LORD ABBETT
FINANCIAL STATEMENTS
AND OTHER IMPORTANT
INFORMATION

 

Lord Abbett  
Alpha Strategy Fund Health Care Fund
Focused Growth Fund International Equity Fund
Focused Large Cap Value Fund International Opportunities Fund
Focused Small Cap Value Fund International Value Fund
Fundamental Equity Fund Micro Cap Growth Fund
Global Equity Fund Value Opportunities Fund
Growth Leaders Fund  

 

For the six-month period ended April 30, 2026

 

Table of Contents

 

    Schedules of Investments (Item 7)
     
1   Alpha Strategy Fund
     
2   Focused Growth Fund
     
4   Focused Large Cap Value Fund
     
6   Focused Small Cap Value Fund
     
9   Fundamental Equity Fund
     
12   Global Equity Fund
     
17   Growth Leaders Fund
     
20   Health Care Fund
     
23   International Equity Fund
     
29   International Opportunities Fund
     
35   International Value Fund
     
40   Micro Cap Growth Fund
     
43   Value Opportunities Fund
     
46   Statements of Assets and Liabilities (Item 7)
     
54   Statements of Operations (Item 7)
     
60   Statements of Changes in Net Assets (Item 7)
     
70   Financial Highlights (Item 7)
     
120   Notes to Financial Statements (Item 7)
     
151   Investments in Affiliated Funds
     
152   Changes in and Disagreements with Accountants (Item 8)
     
152   Proxy Disclosures (Item 9)
     
152   Remuneration Paid to Trustees, Officers, and Others (Item 10)
     
152   Statement Regarding Basis for Approval of Investment Advisory Contract (Item 11)
 

Schedule of Investments (unaudited)

ALPHA STRATEGY FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 100.00%      
       
INVESTMENTS IN AFFILIATED FUNDS(a)(b) 100.00%  
Lord Abbett Developing Growth Fund, Inc. – Class I(c)   3,386,447   $134,441,924 
Lord Abbett Securities Trust – Focused Small Cap Value Fund – Class I(d)   2,072,906    66,436,646 
Lord Abbett Securities Trust – International Opportunities Fund – Class I(d)   5,118,996    130,227,258 
Lord Abbett Securities Trust – Micro Cap Growth Fund – Class I(d)   2,413,014    67,805,701 
Lord Abbett Research Fund, Inc. – Small Cap Value Fund – Class I(d)   5,862,317    133,133,227 
Lord Abbett Securities Trust – Value Opportunities Fund – Class I(d)   6,249,083    132,793,016 
Total Investments in Affiliated Funds
(cost $510,688,960)
        664,837,772 
Investments  Fair
Value
 
Total Investments in Securities 100.00%
(cost $510,688,960)
  $664,837,772 
Other Assets and Liabilities – Net (0.00)%   (12,533)
Net Assets 100.00%  $664,825,239 

 

(a) These investments offer daily redemptions.
(b) Affiliated funds (See Note 10).
(c) Fund investment objective is long-term growth of capital through a diversified and actively managed portfolio consisting of developing growth companies, many of which are traded over the counter.
(d) Fund investment objective is long-term capital appreciation.

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total
Long-Term Investments                   
Investments in Affiliated Funds        $664,837,772   $   $         $664,837,772
Total  $664,837,772   $   $   $664,837,772

 

  (1)  Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
  (2)  See Schedule of Investments for fair values in each investment in Affiliated Funds. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 1
 

Schedule of Investments (unaudited)

FOCUSED GROWTH FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 97.57%          
           
COMMON STOCKS 97.57%          
           
Aerospace & Defense 4.75%          
Carpenter Technology Corp.   8,438   $3,613,152 
Howmet Aerospace, Inc.   16,911    4,110,049 
Total        7,723,201 
           
Biotechnology 10.50%          
Abivax SA ADR*   9,602    1,127,083 
Argenx SE ADR*   3,674    2,872,039 
Cogent Biosciences, Inc.*   49,139    1,758,685 
Gilead Sciences, Inc.   27,528    3,601,763 
Madrigal Pharmaceuticals, Inc.*   3,839    1,986,260 
Natera, Inc.*   17,793    3,668,205 
Revolution Medicines, Inc.*   14,414    2,077,346 
Total        17,091,381 
           
Broadline Retail 6.00%          
Amazon.com, Inc.*   36,842    9,765,340 
           
Capital Markets 2.17%          
Interactive Brokers Group, Inc. Class A   44,339    3,524,950 
           
Communications Equipment 2.21%          
Arista Networks, Inc.*   20,868    3,604,112 
           
Construction & Engineering 5.10%          
Comfort Systems USA, Inc.   4,506    8,292,166 
  
Consumer Staples Distribution & Retail 1.20% 
Costco Wholesale Corp.   1,922    1,949,927 
           
Electrical Equipment 6.45%          
Bloom Energy Corp. Class A*   14,926    4,229,431 
GE Vernova, Inc.   5,778    6,260,232 
Total        10,489,663 
           
Electronic Equipment, Instruments & Components 1.53% 
Corning, Inc.   15,220    2,499,733 
Investments  Shares   Fair
Value
 
Health Care Providers & Services 1.03%      
Guardant Health, Inc.*   19,223   $1,673,939 
           
Information Technology Services 4.15%      
Cloudflare, Inc. Class A*   13,556    2,778,573 
CoreWeave, Inc. Class A*   13,744    1,533,831 
Shopify, Inc. Class A  (Canada)*(a)   20,101    2,434,834 
Total        6,747,238 
           
Interactive Media & Services 11.58%      
Alphabet, Inc. Class A   41,025    15,786,420 
Meta Platforms, Inc. Class A   5,004    3,061,998 
Total        18,848,418 
           
Pharmaceuticals 4.09%          
Eli Lilly & Co.   7,121    6,655,287 
           
Semiconductors & Semiconductor Equipment 22.16% 
Broadcom, Inc.   18,207    7,600,148 
Lam Research Corp.   17,888    4,612,600 
NVIDIA Corp.   119,463    23,841,231 
Total        36,053,979 
           
Software 8.34%          
AppLovin Corp. Class A*   4,549    2,030,446 
Circle Internet Group, Inc.*   18,073    1,642,474 
Crowdstrike Holdings, Inc. Class A*   5,395    2,404,821 
Microsoft Corp.   10,392    4,237,650 
Palantir Technologies, Inc. Class A*   23,409    3,256,426 
Total        13,571,817 
           
Technology Hardware, Storage & Peripherals 6.31% 
Apple, Inc.   37,831    10,265,442 
Total Common Stocks
(cost $112,353,018)
        158,756,593 

 

2 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(concluded)

FOCUSED GROWTH FUND April 30, 2026

 

Investments  Principal
Amount
   Fair
Value
 
SHORT-TERM INVESTMENTS 2.46%      
           
Repurchase Agreements 2.46%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $4,033,300 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $4,079,069; proceeds: $3,999,365
(cost $3,999,004)
  $3,999,004   $3,999,004 
Total Investments in Securities 100.03%
(cost $116,352,022)
        162,755,597 
Other Assets and Liabilities – Net (0.03)%        (55,424)
Net Assets 100.00%       $162,700,173 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
(a)   Foreign security traded in U.S. dollars.

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total
Long-Term Investments                   
Common Stocks   $158,756,593   $   $    $158,756,593
Short-Term Investments                   
Repurchase Agreements       3,999,004        3,999,004
Total  $158,756,593   $3,999,004   $   $162,755,597

 

  (1)  Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
  (2)  See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 3
 

Schedule of Investments (unaudited)

FOCUSED LARGE CAP VALUE FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 99.03%          
           
COMMON STOCKS 99.03%          
           
Aerospace & Defense 6.43%          
Boeing Co.*   21,728   $4,976,364 
RTX Corp.   25,912    4,562,326 
Total        9,538,690 
           
Banks 3.82%          
JPMorgan Chase & Co.   18,072    5,660,693 
           
Beverages 3.29%          
Carlsberg AS Class B(a)   36,013    4,876,657 
           
Biotechnology 2.94%          
Gilead Sciences, Inc.   33,355    4,364,168 
           
Building Products 1.13%          
Allegion PLC (Ireland)(b)   12,223    1,680,418 
           
Capital Markets 9.88%          
Charles Schwab Corp.   45,508    4,170,353 
KKR & Co., Inc.   40,376    4,212,832 
SEI Investments Co.   69,124    6,268,164 
Total        14,651,349 
           
Chemicals 2.92%          
LyondellBasell Industries NV Class A   57,980    4,325,308 
           
Consumer Staples Distribution & Retail 2.33% 
BJ’s Wholesale Club Holdings, Inc.*   36,877    3,462,381 
           
Electronic Equipment, Instruments & Components 6.39% 
Amphenol Corp. Class A   29,510    4,345,938 
TD SYNNEX Corp.   22,478    5,129,030 
Total        9,474,968 
           
Health Care Providers & Services 1.68%      
UnitedHealth Group, Inc.   6,714    2,487,403 
Investments  Shares   Fair
Value
 
Insurance 6.84%          
Aon PLC Class A (United Kingdom)(b)   17,798   $5,546,747 
Arch Capital Group Ltd.*   48,737    4,603,697 
Total        10,150,444 
           
Interactive Media & Services 5.61%          
Alphabet, Inc. Class A   21,607    8,314,374 
           
Life Sciences Tools & Services 3.09%      
IQVIA Holdings, Inc.*   28,969    4,587,820 
           
Machinery 3.26%          
Parker-Hannifin Corp.   5,317    4,835,386 
           
Oil, Gas & Consumable Fuels 7.95%          
Expand Energy Corp.   29,722    3,036,102 
Permian Resources Corp. Class A   172,507    3,729,602 
Shell PLC ADR   55,427    5,025,566 
Total        11,791,270 
           
Pharmaceuticals 3.76%          
Novartis AG ADR   37,680    5,570,988 
           
Real Estate Management & Development 3.53% 
CBRE Group, Inc. Class A*   36,642    5,229,913 
           
Semiconductors & Semiconductor Equipment 7.75% 
ASML Holding NV NY Reg Shares (Netherlands)(b)   3,120    4,489,649 
Taiwan Semiconductor Manufacturing Co. Ltd. ADR  17,689    7,005,905 
Total        11,495,554 
           
Software 2.97%          
Microsoft Corp.   10,789    4,399,538 
           
Specialty Retail 10.08%          
Dick’s Sporting Goods, Inc.   22,174    5,031,724 
Lowe’s Cos., Inc.   18,864    4,504,535 
Ross Stores, Inc.   23,770    5,414,568 
Total        14,950,827 

 

4 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(concluded)

FOCUSED LARGE CAP VALUE FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Trading Companies & Distributors 3.38% 
AerCap Holdings NV (Ireland)(b)   35,264   $5,014,893 
Total Common Stocks
(cost $129,047,429)
        146,863,042 
           
    Principal
Amount
      
           
SHORT-TERM INVESTMENTS 1.21%      
           
Repurchase Agreements 1.21%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $1,817,400 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $1,838,020; proceeds: $1,802,112
(cost $1,801,950)
  $1,801,950    1,801,950 
Investments  Fair
Value
 
Total Investments in Securities 100.24%
(cost $130,849,379)
  $148,664,992 
Other Assets and Liabilities – Net (0.24)%   (359,329)
Net Assets 100.00%  $148,305,663 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
(a)   Investment in non-U.S. dollar denominated securities.
(b)   Foreign security traded in U.S. dollars.

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total
Long-Term Investments                   
Common Stocks                    
Beverages      $       $4,876,657   $       $4,876,657
Remaining Industries   141,986,385            141,986,385
Short-Term Investments                   
Repurchase Agreements       1,801,950        1,801,950
Total  $141,986,385   $6,678,607   $   $148,664,992

 

  (1) Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
  (2) See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 5
 

Schedule of Investments (unaudited)

FOCUSED SMALL CAP VALUE FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 99.35%          
           
COMMON STOCKS 99.35%          
           
Aerospace & Defense 1.85%          
Hexcel Corp.   18,897   $1,773,861 
           
Automobile Components 2.30%          
LCI Industries   18,503    2,205,928 
           
Banks 10.98%          
Axos Financial, Inc.*   21,803    2,102,681 
Bancorp, Inc.*   30,574    1,829,243 
Bank of NT Butterfield & Son Ltd.   39,738    2,203,472 
Seacoast Banking Corp. of Florida   65,137    2,049,861 
Wintrust Financial Corp.   15,428    2,322,994 
Total        10,508,251 
           
Building Products 2.98%          
Griffon Corp.   31,268    2,850,704 
           
Capital Markets 7.20%          
Affiliated Managers Group, Inc.   7,702    2,269,548 
Marex Group PLC (United Kingdom)(a)    52,914    2,822,962 
Moelis & Co. Class A   27,685    1,802,847 
Total        6,895,357 
           
Chemicals 6.01%          
Avient Corp.   52,882    1,960,864 
Element Solutions, Inc.   89,076    3,793,747 
Total        5,754,611 
           
Commercial Services & Supplies 2.72%      
Brady Corp. Class A   31,773    2,599,667 
           
Construction & Engineering 5.48%          
Arcosa, Inc.   18,385    2,325,151 
WillScot Holdings Corp.   128,793    2,915,874 
Total        5,241,025 
Investments  Shares   Fair
Value
 
Consumer Finance 4.43%          
EZCORP, Inc. Class A*   66,007   $2,163,709 
FirstCash Holdings, Inc.   9,526    2,078,764 
Total        4,242,473 
           
Consumer Staples Distribution & Retail 2.26%      
PriceSmart, Inc.   13,801    2,165,653 
           
Containers & Packaging 2.75%          
TriMas Corp.   71,191    2,635,491 
           
Electric: Utilities 2.47%          
IDACORP, Inc.   16,019    2,366,647 
           
Electronic Equipment, Instruments & Components 5.83% 
Belden, Inc.   16,371    1,841,410 
Littelfuse, Inc.   9,248    3,737,764 
Total        5,579,174 
           
Ground Transportation 3.05%          
Landstar System, Inc.   15,841    2,915,853 
           
Insurance 3.10%          
White Mountains Insurance Group Ltd.   1,329    2,966,315 
           
Leisure Products 2.43%          
Callaway Golf Co.*   151,825    2,322,923 
           
Life Sciences Tools & Services 3.86%      
Azenta, Inc.*   48,214    1,184,618 
Fortrea Holdings, Inc.*   218,679    2,514,809 
Total        3,699,427 
           
Media 1.39%          
Nexstar Media Group, Inc.   6,405    1,333,137 
           
Oil, Gas & Consumable Fuels 7.26%          
Chord Energy Corp.   20,884    3,040,710 
Gulfport Energy Corp.*   9,796    1,886,122 
Northern Oil & Gas, Inc.   74,461    2,022,361 
Total        6,949,193 

 

6 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

FOCUSED SMALL CAP VALUE FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Personal Care Products 1.79%          
Interparfums, Inc.   18,815   $1,716,304 
           
Pharmaceuticals 2.71%          
Phibro Animal Health Corp. Class A   48,774    2,593,801 
           
Professional Services 3.87%          
Genpact Ltd.   56,221    1,953,680 
Maximus, Inc.   26,635    1,747,788 
Total        3,701,468 
           
Real Estate Management & Development 2.58% 
Cushman & Wakefield Ltd.*    176,228    2,474,241 
           
Semiconductors & Semiconductor Equipment 5.01% 
Silicon Motion Technology Corp. ADR   21,908    4,793,032 
           
Software 0.36%          
Blackbaud, Inc.*   9,371    348,320 
           
Textiles, Apparel & Luxury Goods 2.16%      
Kontoor Brands, Inc.   28,117    2,062,663 
           
Trading Companies & Distributors 2.52%      
Rush Enterprises, Inc. Class A   32,630    2,415,599 
Total Common Stocks
(cost $72,399,392)
        95,111,118 
Investments  Principal
Amount
   Value 
SHORT-TERM INVESTMENTS 0.67%          
           
Repurchase Agreements 0.67%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $648,300 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $655,746; proceeds: $642,758
(cost $642,700)
  $642,700   $642,700 
Total Investments in Securities 100.02%
(cost $73,042,092)
        95,753,818 
Other Assets and Liabilities – Net (0.02)%        (20,126)
Net Assets 100.00%       $95,733,692 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
(a)   Foreign security traded in U.S. dollars.

 

  See Notes to Financial Statements. 7
 

Schedule of Investments (unaudited)(concluded)

FOCUSED SMALL CAP VALUE FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total
Long-Term Investments                   
Common Stocks       $95,111,118       $   $        $95,111,118
Short-Term Investments                   
Repurchase Agreements       642,700        642,700
Total  $95,111,118   $642,700   $   $95,753,818

 

  (1) Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
  (2) See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

8 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)

FUNDAMENTAL EQUITY FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 99.16%    
     
COMMON STOCKS 99.16%    
           
Aerospace & Defense 5.92%    
Boeing Co.*   217,087   $49,719,436 
General Dynamics Corp.   107,080    36,867,644 
RTX Corp.   252,050    44,378,443 
Total        130,965,523 
           
Banks 7.07%          
Citizens Financial Group, Inc.   373,347    24,286,222 
JPMorgan Chase & Co.   257,978    80,806,449 
Wells Fargo & Co.   622,057    51,151,747 
Total        156,244,418 
           
Beverages 1.96%          
Carlsberg AS Class B(a)   320,752    43,434,248 
           
Biotechnology 3.80%          
Gilead Sciences, Inc.   242,640    31,747,017 
United Therapeutics Corp.*    91,588    52,328,804 
Total        84,075,821 
           
Building Products 2.66%          
Allegion PLC (Ireland)(b)   183,072    25,168,739 
Lennox International, Inc.   63,042    33,720,535 
Total        58,889,274 
           
Capital Markets 6.23%          
Charles Schwab Corp.   340,545    31,207,544 
KKR & Co., Inc.   289,969    30,255,365 
Morgan Stanley   176,155    33,573,381 
SEI Investments Co.   470,661    42,679,540 
Total        137,715,830 
           
Chemicals 1.41%          
LyondellBasell Industries NV Class A   417,251    31,126,925 
           
Construction & Engineering 2.76%    
AECOM   381,750    32,105,175 
EMCOR Group, Inc.   32,335    28,832,149 
Total        60,937,324 
Investments  Shares   Fair
Value
 
Construction Materials 1.54%          
CRH PLC (Ireland)(b)   288,109   $34,117,868 
           
Consumer Staples Distribution & Retail 0.96%
BJ’s Wholesale Club Holdings, Inc.*   226,868    21,300,637 
           
Electric: Utilities 2.78%          
Entergy Corp.   316,936    37,369,924 
FirstEnergy Corp.   508,886    24,182,262 
Total        61,552,186 
           
Electronic Equipment, Instruments & Components 5.73%
Amphenol Corp. Class A   245,220    36,113,549 
Keysight Technologies, Inc.*   171,110    59,873,100 
TD SYNNEX Corp.   134,576    30,707,552 
Total        126,694,201 
           
Energy Equipment & Services 1.22%    
Halliburton Co.   635,398    26,877,335 
           
Health Care Providers & Services 4.92%    
Labcorp Holdings, Inc.   124,159    31,884,031 
McKesson Corp.   48,777    39,763,011 
UnitedHealth Group, Inc.   100,481    37,226,201 
Total        108,873,243 
           
Hotels, Restaurants & Leisure 1.28%    
Booking Holdings, Inc.   168,210    28,319,836 
           
Insurance 6.89%          
Aon PLC Class A (United Kingdom)(b)   126,181    39,324,309 
Arch Capital Group Ltd.*   450,934    42,595,225 
Arthur J Gallagher & Co.   124,442    25,684,829 
Progressive Corp.   162,610    32,730,141 
RenaissanceRe Holdings Ltd.   38,949    11,956,174 
Total        152,290,678 
           
Interactive Media & Services 5.50%    
Alphabet, Inc. Class A   315,720    121,489,056 

 

  See Notes to Financial Statements. 9
 

Schedule of Investments (unaudited)(continued)

FUNDAMENTAL EQUITY FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Life Sciences Tools & Services 1.52%    
IQVIA Holdings, Inc.*   212,615   $33,671,838 
           
Machinery 1.67%          
Parker-Hannifin Corp.   40,585    36,908,811 
           
Metals & Mining 2.06%          
Steel Dynamics, Inc.   199,216    45,552,731 
           
Multi-Utilities 1.51%          
CMS Energy Corp.   433,710    33,282,905 
           
Oil, Gas & Consumable Fuels 6.92%    
Expand Energy Corp.   303,425    30,994,864 
Permian Resources Corp. Class A   1,808,270    39,094,798 
Shell PLC ADR   579,297    52,524,859 
Williams Cos., Inc.   397,440    30,328,646 
Total        152,943,167 
           
Pharmaceuticals 3.84%          
Novartis AG ADR   292,600    43,260,910 
Teva Pharmaceutical Industries Ltd. ADR*   1,187,618    41,649,763 
Total        84,910,673 
           
Real Estate Management & Development 1.74%
CBRE Group, Inc. Class A*    269,506    38,466,591 
           
Semiconductors & Semiconductor Equipment 5.92%
Analog Devices, Inc.   96,240    38,713,502 
ASML Holding NV NY Reg Shares (Netherlands)(b)  26,750    38,492,983 
Taiwan Semiconductor Manufacturing Co. Ltd. ADR  135,245    53,565,135 
Total        130,771,620 
           
Software 2.36%          
Microsoft Corp.   127,773    52,103,274 
Investments  Shares   Fair
Value
 
Specialty Retail 5.66%          
Dick’s Sporting Goods, Inc.   198,540   $45,052,697 
Lowe’s Cos., Inc.   176,942    42,251,980 
Ross Stores, Inc.   166,100    37,835,919 
Total        125,140,596 
           
Tobacco 1.53%          
Philip Morris International, Inc.   204,760    33,799,733 
           
Trading Companies & Distributors 1.80%    
AerCap Holdings NV (Ireland)(b)   279,327    39,723,093 
Total Common Stocks
(cost $1,411,219,160)
        2,192,179,435 
           
    Principal
Amount
      
           
SHORT-TERM INVESTMENTS 0.47%    
           
Repurchase Agreements 0.47%    
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $10,502,200 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $10,621,365; proceeds: $10,413,848
(cost $10,412,908)
  $10,412,908    10,412,908 
Total Investments in Securities 99.63%
(cost $1,421,632,068)
        2,202,592,343 
Other Assets and Liabilities – Net 0.37%        8,247,460 
Net Assets 100.00%       $2,210,839,803 

 

ADR American Depositary Receipt.
* Non-income producing security.
(a) Investment in non-U.S. dollar denominated securities.
(b) Foreign security traded in U.S. dollars.

 

10 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(concluded)

FUNDAMENTAL EQUITY FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Beverages  $   $43,434,248   $   $43,434,248 
Remaining Industries   2,148,745,187            2,148,745,187 
Short-Term Investments                    
Repurchase Agreements       10,412,908        10,412,908 
Total  $2,148,745,187   $53,847,156   $   $2,202,592,343 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 11
 

Schedule of Investments (unaudited)

GLOBAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
LONG-TERM INVESTMENTS 98.05%    
           
COMMON STOCKS 98.05%          
           
Australia 0.41%          
           
Diversified REITS 0.37%          
Charter Hall Group   97,452   $1,435,086 
           
Health Care Technology 0.04%          
Pro Medicus Ltd.   1,646    161,551 
Total Australia        1,596,637 
           
Austria 1.59%          
           
Banks          
BAWAG Group AG   36,483    6,247,742 
           
Brazil 0.40%          
           
Broadline Retail          
MercadoLibre, Inc.*   874    1,566,759 
           
Canada 3.13%          
           
Consumer Staples Distribution & Retail 1.74%          
Alimentation Couche-Tard, Inc.   115,583    6,837,891 
           
Information Technology Services 0.43%          
Shopify, Inc. Class A*   14,125    1,714,529 
           
Trading Companies & Distributors 0.96%          
Toromont Industries Ltd.   24,206    3,763,972 
Total Canada        12,316,392 
           
China 4.39%          
           
Beverages 0.41%          
Kweichow Moutai Co. Ltd. Class A   7,881    1,597,028 
           
Interactive Media & Services 0.77%          
Tencent Holdings Ltd.   50,233    3,050,763 
           
Marine Transportation 1.86%          
SITC International Holdings Co. Ltd.   1,754,113    7,344,419 
Investments  Shares   U.S. $
Fair Value
 
China (continued)          
           
Textiles, Apparel & Luxury Goods 1.35%          
ANTA Sports Products Ltd.   507,200   $5,313,438 
Total China        17,305,648 
           
France 4.63%          
           
Aerospace & Defense 0.40%          
Safran SA   4,901    1,573,772 
           
Construction & Engineering 2.35%          
Eiffage SA   57,516    9,273,208 
           
Oil, Gas & Consumable Fuels 1.18%          
Gaztransport Et Technigaz SA   19,109    4,649,107 
           
Textiles, Apparel & Luxury Goods 0.70%          
Kering SA   6,171    1,697,724 
LVMH Moet Hennessy Louis Vuitton SE   1,957    1,045,448 
         2,743,172 
Total France        18,239,259 
           
Ireland 0.61%          
           
Trading Companies & Distributors          
AerCap Holdings NV   16,859    2,397,518 
           
Italy 0.93%          
           
Passenger Airlines          
Ryanair Holdings PLC   139,523    3,660,686 
           
Japan 5.80%          
           
Chemicals 1.28%          
NOF Corp.   246,200    5,028,139 
           
Electrical Equipment 1.41%          
Fuji Electric Co. Ltd.   66,122    5,557,211 
           
Health Care Equipment & Supplies 0.90%          
Hoya Corp.   19,100    3,566,805 

 

12 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

GLOBAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
           
Health Care Technology 0.43%          
M3, Inc.   175,800   $1,693,385 
           
Information Technology Services 0.26%          
Obic Co. Ltd.   38,900    1,033,696 
           
Semiconductors & Semiconductor Equipment 0.88%          
Disco Corp.   7,300    3,473,211 
           
Specialty Retail 0.64%          
USS Co. Ltd.   231,300    2,504,254 
Total Japan        22,856,701 
           
Mexico 1.82%          
           
Banks          
Grupo Financiero Banorte SAB de CV Class O   660,265    7,169,423 
           
Peru 1.32%          
           
Banks          
Intercorp Financial Services, Inc.   117,061    5,218,579 
           
Singapore 0.97%          
           
Banks 0.84%          
DBS Group Holdings Ltd.   71,700    3,306,135 
           
Broadline Retail 0.13%          
Sea Ltd. ADR*   6,020    510,978 
Total Singapore        3,817,113 
           
Spain 1.02%          
           
Electric: Utilities          
Iberdrola SA   171,937    4,030,927 
           
Sweden 0.37%          
           
Machinery          
Volvo AB Class B   42,003    1,464,087 
Investments  Shares   U.S. $
Fair Value
 
Switzerland 0.32%        
         
Capital Markets          
Partners Group Holding AG   1,171   $1,273,114 
           
Taiwan 10.42%          
           
Communications Equipment 2.85%          
Accton Technology Corp.    153,000    11,205,191 
           
Semiconductors & Semiconductor Equipment 4.76%          
Realtek Semiconductor Corp.   150,537    2,570,029 
Taiwan Semiconductor Manufacturing Co. Ltd.   233,036    16,177,790 
         18,747,819 
Technology Hardware, Storage & Peripherals 2.81%          
Asia Vital Components Co. Ltd.   121,000    11,077,948 
Total Taiwan        41,030,958 
           
United Arab Emirates 0.94%          
           
Banks          
Abu Dhabi Islamic Bank PJSC   620,015    3,702,361 
           
United Kingdom 1.88%          
           
Household Durables 0.97%          
Persimmon PLC   264,072    3,807,778 
           
Personal Care Products 0.26%          
Unilever PLC   17,884    1,042,908 
           
Tobacco 0.65%          
Imperial Brands PLC   67,701    2,572,139 
Total United Kingdom        7,422,825 
           
United States 57.10%          
           
Aerospace & Defense 0.53%          
L3Harris Technologies, Inc.   5,463    1,751,165 
TransDigm Group, Inc.   281    325,954 
         2,077,119 

 

  See Notes to Financial Statements. 13
 

Schedule of Investments (unaudited)(continued)

GLOBAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United States (continued)          
           
Banks 3.07%          
East West Bancorp, Inc.   59,691   $7,549,121 
JPMorgan Chase & Co.   14,451    4,526,486 
         12,075,607 
Biotechnology 1.04%          
AbbVie, Inc.   19,374    4,094,114 
           
Broadline Retail 3.96%          
Amazon.com, Inc.*   58,888    15,608,853 
           
Building Products 0.05%          
Builders FirstSource, Inc.*   2,611    206,504 
           
Capital Markets 3.82%          
Ameriprise Financial, Inc.   2,264    1,074,924 
Charles Schwab Corp.   53,348    4,888,811 
LPL Financial Holdings, Inc.   7,667    2,561,775 
Moody’s Corp.   1,020    471,087 
SEI Investments Co.   66,568    6,036,386 
         15,032,983 
           
Construction Materials 0.20%          
CRH PLC   6,803    805,611 
           
Consumer Staples Distribution & Retail 1.55%          
Dollar General Corp.   52,725    6,109,773 
           
Electrical Equipment 2.06%          
Nextpower, Inc. Class A*   68,199    8,124,547 
           
Electronic Equipment, Instruments & Components 1.21%
Amphenol Corp. Class A   32,495    4,785,539 
           
Entertainment 0.50%          
Netflix, Inc.*   20,892    1,955,700 
           
Financial Services 0.82%          
Visa, Inc. Class A   9,753    3,216,929 
           
Ground Transportation 0.64%          
Uber Technologies, Inc.*   34,051    2,540,545 
Investments  Shares   U.S. $
Fair Value
 
United States (continued)          
           
Health Care Equipment & Supplies 1.31%          
Dexcom, Inc.*   55,107   $3,281,622 
IDEXX Laboratories, Inc.*   3,341    1,873,633 
         5,155,255 
           
Health Care Providers & Services 0.69%          
McKesson Corp.   3,322    2,708,094 
           
Hotels, Restaurants & Leisure 0.40%          
Domino’s Pizza, Inc.   4,704    1,596,632 
           
Information Technology Services 0.61%          
Accenture PLC Class A   13,556    2,422,593 
           
Insurance 0.76%          
Aon PLC Class A   9,625    2,999,631 
           
Interactive Media & Services 7.27%          
Alphabet, Inc. Class A   58,732    22,600,073 
Meta Platforms, Inc. Class A    9,880    6,045,671 
         28,645,744 
           
Life Sciences Tools & Services 0.79%          
Thermo Fisher Scientific, Inc.   6,501    3,113,719 
           
Oil, Gas & Consumable Fuels 2.21%          
Cheniere Energy, Inc.   17,590    4,836,371 
Williams Cos., Inc.   50,465    3,850,984 
         8,687,355 
           
Pharmaceuticals 2.01%          
Johnson & Johnson   34,393    7,905,231 
           
Professional Services 0.31%          
Booz Allen Hamilton Holding Corp.   15,676    1,219,123 
           
Semiconductors & Semiconductor Equipment 12.60%
Analog Devices, Inc.   10,608    4,267,174 
Broadcom, Inc.   32,721    13,658,727 
KLA Corp.   3,245    5,679,886 

 

14 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

GLOBAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United States (continued)          
NVIDIA Corp.   130,364   $26,016,743 
         49,622,530 
           
Software 3.44%          
Datadog, Inc. Class A*   4,265    563,790 
Intuit, Inc.   1,628    632,478 
Microsoft Corp.   30,271    12,343,909 
         13,540,177 
           
Specialty Retail 2.39%          
Carvana Co.*   6,867    2,717,959 
Lowe’s Cos., Inc.   4,831    1,153,594 
Ulta Beauty, Inc.*   10,289    5,530,132 
         9,401,685 
           
Technology Hardware, Storage & Peripherals 1.34%
Dell Technologies, Inc. Class C   25,185    5,262,406 
           
Trading Companies & Distributors 1.52%          
Sunbelt Rentals Holdings, Inc.   79,831    6,000,416 
Total United States        224,914,415 
Total Common Stocks
(cost $307,980,285)
        386,231,144 
Investments  Principal
Amount
   U.S. $
Fair Value
 
SHORT-TERM INVESTMENTS 1.31%    
           
Repurchase Agreements 1.31%    
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $5,218,200 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $5,277,412; proceeds: $5,174,298
(cost $5,173,831)
  $5,173,831   $5,173,831 
Total Investments in Securities 99.36%
(cost $313,154,116)
        391,404,975 
Other Assets and Liabilities – Net 0.64%        2,509,945 
Net Assets 100.00%       $393,914,920 

 

ADR American Depositary Receipt.
REITS Real Estate Investment Trusts.
Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At April 30, 2026, the total value of Rule 144A securities was $6,247,742, which represents 1.59% of net assets.
* Non-income producing security.

 

  See Notes to Financial Statements. 15
 

Schedule of Investments (unaudited)(concluded)

GLOBAL EQUITY FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Australia  $   $1,596,637   $   $1,596,637 
Austria       6,247,742        6,247,742 
Brazil   1,566,759            1,566,759 
Canada   12,316,392            12,316,392 
China       17,305,648        17,305,648 
France       18,239,259        18,239,259 
Ireland   2,397,518            2,397,518 
Italy       3,660,686        3,660,686 
Japan       22,856,701        22,856,701 
Mexico   7,169,423            7,169,423 
Peru   5,218,579            5,218,579 
Singapore   510,978    3,306,135        3,817,113 
Spain       4,030,927        4,030,927 
Sweden       1,464,087        1,464,087 
Switzerland       1,273,114        1,273,114 
Taiwan       41,030,958        41,030,958 
United Arab Emirates       3,702,361        3,702,361 
United Kingdom       7,422,825        7,422,825 
United States   218,913,999    6,000,416        224,914,415 
Short-Term Investments                    
Repurchase Agreements       5,173,831        5,173,831 
Total  $248,093,648   $143,311,327   $   $391,404,975 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

16 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)

GROWTH LEADERS FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 96.27%    
           
COMMON STOCKS 96.27%          
           
Aerospace & Defense 6.62%          
Carpenter Technology Corp.   214,894   $92,017,611 
General Electric Co.   589,221    170,832,845 
Howmet Aerospace, Inc.   420,633    102,230,644 
Karman Holdings, Inc.*   720,751    48,996,653 
L3Harris Technologies, Inc.   160,637    51,492,190 
Woodward, Inc.   93,290    33,863,337 
Total        499,433,280 
           
Automobiles 0.47%          
Tesla, Inc.*   94,011    35,877,418 
           
Biotechnology 9.30%          
Abivax SA ADR*   468,485    54,990,769 
Argenx SE ADR*   122,831    96,019,449 
Cogent Biosciences, Inc.*   1,268,989    45,417,116 
Gilead Sciences, Inc.   833,104    109,003,328 
Insmed, Inc.*   335,009    45,671,777 
Madrigal Pharmaceuticals, Inc.*   102,377    52,968,836 
Natera, Inc.*   743,387    153,256,664 
Revolution Medicines, Inc.*   526,650    75,900,798 
Vertex Pharmaceuticals, Inc.*   160,408    68,555,171 
Total        701,783,908 
           
Broadline Retail 5.15%          
Amazon.com, Inc.*   1,467,081    388,864,490 
           
Capital Markets 1.28%          
Interactive Brokers Group, Inc. Class A   1,219,943    96,985,468 
           
Communications Equipment 2.89%    
Arista Networks, Inc.*   806,322    139,259,873 
Lumentum Holdings, Inc.*   87,100    78,592,072 
Total        217,851,945 
Investments  Shares   Fair
Value
 
Construction & Engineering 4.40%    
Comfort Systems USA, Inc.   134,321   $247,184,220 
EMCOR Group, Inc.   95,565    85,212,444 
Total        332,396,664 
           
Consumer Staples Distribution & Retail 0.91%
Costco Wholesale Corp.   67,797    68,782,090 
           
Electrical Equipment 4.80%          
Bloom Energy Corp. Class A*   276,027    78,215,011 
GE Vernova, Inc.   146,174    158,373,682 
Nextpower, Inc. Class A*   455,943    54,316,489 
Vertiv Holdings Co. Class A   217,963    71,598,666 
Total        362,503,848 
           
Electronic Equipment, Instruments & Components 2.52%
Amphenol Corp. Class A   439,135    64,671,412 
Corning, Inc.   470,985    77,354,576 
TE Connectivity PLC (Ireland)(a)   228,106    48,280,916 
Total        190,306,904 
           
Entertainment 0.49%          
Netflix, Inc.*   394,307    36,911,078 
           
Ground Transportation 0.51%          
XPO, Inc.*   175,189    38,564,355 
           
Health Care Equipment & Supplies 0.44%
Intuitive Surgical, Inc.*   72,992    33,401,869 
           
Health Care Providers & Services 0.92%
Guardant Health, Inc.*   800,958    69,747,423 
           
Hotels, Restaurants & Leisure 0.95%
Hilton Worldwide Holdings, Inc.   221,368    71,738,728 

 

  See Notes to Financial Statements. 17
 

Schedule of Investments (unaudited)(continued)

GROWTH LEADERS FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Information Technology Services 3.33%    
Cloudflare, Inc. Class A*   639,545   $131,087,539 
CoreWeave, Inc. Class A*   310,451    34,646,332 
Shopify, Inc. Class A (Canada)*(a)   705,657    85,476,232 
Total        251,210,103 
           
Interactive Media & Services 10.79%    
Alphabet, Inc. Class A   1,575,257    606,158,894 
Meta Platforms, Inc. Class A   278,317    170,304,955 
Reddit, Inc. Class A*   259,192    38,160,838 
Total        814,624,687 
           
Oil, Gas & Consumable Fuels 0.41%    
Cheniere Energy, Inc.   113,194    31,122,690 
           
Pharmaceuticals 3.15%          
Eli Lilly & Co.   254,144    237,522,982 
           
Professional Services 0.50%          
Planet Labs PBC*   1,018,050    37,637,309 
           
Semiconductors & Semiconductor Equipment 25.00%
Advanced Micro Devices, Inc.*   160,664    56,953,781 
Analog Devices, Inc.   251,985    101,363,486 
Broadcom, Inc.   648,304    270,621,539 
KLA Corp.   33,341    58,358,419 
Lam Research Corp.   616,106    158,869,093 
Lattice Semiconductor Corp.*   376,644    46,056,028 
Micron Technology, Inc.   153,039    79,145,649 
Monolithic Power Systems, Inc.   76,196    123,011,585 
NVIDIA Corp.   4,749,500    947,857,715 
Teradyne, Inc.   130,846    44,941,676 
Total        1,887,178,971 
Investments  Shares   Fair
Value
 
Software 5.20%          
AppLovin Corp. Class A*   170,759   $76,218,280 
Circle Internet Group, Inc.*   513,761    46,690,600 
Crowdstrike Holdings, Inc. Class A*   105,750    47,138,062 
Microsoft Corp.   221,220    90,209,092 
Palantir Technologies, Inc. Class A*   948,728    131,977,552 
Total        392,233,586 
           
Specialty Retail 0.87%          
Carvana Co.*   166,695    65,977,881 
           
Technology Hardware, Storage & Peripherals 5.37%
Apple, Inc.   1,494,744    405,598,784 
Total Common Stocks
(cost $4,454,765,859)
        7,268,256,461 
           
   Principal
Amount
      
           
SHORT-TERM INVESTMENTS 3.85%    
           
Repurchase Agreements 3.85%    
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $292,987,200 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $296,308,857; proceeds: $290,525,095
(cost $290,498,869)
  $290,498,869    290,498,869 
Total Investments in Securities 100.12%
(cost $4,745,264,728)
        7,558,755,330 
Other Assets and Liabilities – Net (0.12)%        (9,414,453)
Net Assets 100.00%       $7,549,340,877 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
(a)   Foreign security traded in U.S. dollars.

 

18 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(concluded)

GROWTH LEADERS FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks  $7,268,256,461   $   $   $7,268,256,461 
Short-Term Investments                    
Repurchase Agreements       290,498,869        290,498,869 
Total  $7,268,256,461   $290,498,869   $   $7,558,755,330 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 19
 

Schedule of Investments (unaudited)

HEALTH CARE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
LONG-TERM INVESTMENTS 98.50%          
           
COMMON STOCKS 98.50%          
           
Belgium 1.75%          
           
Pharmaceuticals          
UCB SA*   522   $142,136 
           
Denmark 1.97%          
           
Biotechnology          
Ascendis Pharma AS*(a)   698    160,107 
           
France 2.64%          
           
Biotechnology          
Abivax SA ADR*   1,296    152,124 
DBV Technologies SA ADR*   2,973    62,433 
         214,557 
           
Israel 1.28%          
           
Pharmaceuticals          
Teva Pharmaceutical Industries Ltd. ADR*   2,957    103,702 
           
Japan 1.04%          
           
Pharmaceuticals          
Otsuka Holdings Co. Ltd.   1,162    84,689 
           
Netherlands 3.25%          
           
Biotechnology          
Argenx SE*   266    208,603 
Newamsterdam Pharma Co. NV*   1,944    55,521 
         264,124 
           
South Korea 0.63%          
           
Life Sciences Tools & Services          
Samsung Biologics Co. Ltd.*   51    50,849 
           
Switzerland 2.12%          
           
Pharmaceuticals          
Galderma Group AG   818    171,611 
Investments  Shares   U.S. $
Fair Value
 
United Kingdom 4.74%          
           
Pharmaceuticals          
AstraZeneca PLC   2,029   $384,946 
           
United States 79.08%          
           
Biotechnology 34.45%          
Apogee Therapeutics, Inc.*   487    40,367 
Arrowhead Pharmaceuticals, Inc.*   962    70,688 
BeOne Medicines Ltd. Class H*   3,387    76,882 
Bridgebio Pharma, Inc.*   2,278    161,989 
Celcuity, Inc.*   1,349    163,701 
CG oncology, Inc.*   1,223    81,623 
Cogent Biosciences, Inc.*   4,983    178,342 
Dianthus Therapeutics, Inc.*   1,575    138,285 
Gilead Sciences, Inc.   2,647    346,333 
Insmed, Inc.*   630    85,888 
Madrigal Pharmaceuticals, Inc.*   350    181,087 
Mineralys Therapeutics, Inc.*   3,220    85,813 
Mirum Pharmaceuticals, Inc.*   1,467    142,754 
Natera, Inc.*   1,151    237,290 
Nuvalent, Inc. Class A*   520    52,146 
ORIC Pharmaceuticals, Inc.*   3,130    30,924 
Oruka Therapeutics, Inc.*   603    41,251 
Protagonist Therapeutics, Inc.*   580    57,403 
PTC Therapeutics, Inc.*   1,401    91,149 
Revolution Medicines, Inc.*   764    110,108 
Rhythm Pharmaceuticals, Inc.*   942    76,641 
Roivant Sciences Ltd.*   1,451    41,397 
Scholar Rock Holding Corp.*   822    38,313 
United Therapeutics Corp.*   234    133,696 
Vertex Pharmaceuticals, Inc.*   311    132,915 
         2,796,985 
           
Health Care Equipment & Supplies 7.12%      
Edwards Lifesciences Corp.*   1,775    148,212 
Glaukos Corp.*   526    75,570 
IDEXX Laboratories, Inc.*   89    49,911 

 

20 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

HEALTH CARE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United States (continued)          
Intuitive Surgical, Inc.*   393   $179,841 
Stryker Corp.   186    58,614 
TransMedics Group, Inc.*   650    65,514 
         577,662 
           
Health Care Providers & Services 11.23%      
Cencora, Inc.   525    161,705 
CVS Health Corp.   2,320    193,233 
Encompass Health Corp.   677    67,700 
GeneDx Holdings Corp.*   1,046    65,783 
Guardant Health, Inc.*   2,459    214,130 
RadNet, Inc.*   672    38,002 
UnitedHealth Group, Inc.   461    170,791 
         911,344 
           
Health Care Technology 0.86%          
HeartFlow, Inc.*   2,360    70,234 
           
Life Sciences Tools & Services 4.15%      
10X Genomics, Inc. Class A*   3,200    70,560 
Adaptive Biotechnologies Corp.*   6,769    95,443 
Repligen Corp.*   425    50,281 
Thermo Fisher Scientific, Inc.   252    120,698 
         336,982 
           
Pharmaceuticals 21.27%          
Alumis, Inc.*   2,183    53,898 
Eli Lilly & Co.   775    724,315 
Johnson & Johnson   1,129    259,501 
Nektar Therapeutics*   3,038    258,352 
Novartis AG Registered Shares   1,356    200,403 
Tarsus Pharmaceuticals, Inc.*   3,622    230,395 
         1,726,864 
Total United States        6,420,071 
Total Common Stocks
(cost $5,863,449)
        7,996,792 
Investments  Principal
Amount
   U.S. $
Fair Value
 
SHORT-TERM INVESTMENTS 3.70%          
           
Repurchase Agreements 1.79%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $146,100 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $147,799; proceeds: $144,831
(cost $144,818)
  $144,818   $144,818 
           
Time Deposits 0.19%          
CitiBank N.A.(b)
(cost $15,548)
   15,548    15,548 
           
    Shares      
           
Money Market Funds 1.72%          
Fidelity Government Portfolio(b)
(cost $139,928)
   139,928    139,928 
Total Short-Term Investments
(cost $300,294)
        300,294 
Total Investments in Securities 102.20%
(cost $6,163,743)
        8,297,086 
Other Assets and Liabilities – Net (2.20)%        (178,530)
Net Assets 100.00%       $8,118,556 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
  Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At April 30, 2026, the total value of Rule 144A securities was $50,849, which represents 0.63% of net assets.
(a)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.
(b)   Security was purchased with the cash collateral from loaned securities.

 

  See Notes to Financial Statements. 21
 

Schedule of Investments (unaudited)(concluded)

HEALTH CARE FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Belgium  $   $142,136   $   $142,136 
Denmark   160,107            160,107 
France   214,557            214,557 
Israel   103,702            103,702 
Japan       84,689        84,689 
Netherlands   55,521    208,603        264,124 
South Korea       50,849        50,849 
Switzerland       171,611        171,611 
United Kingdom       384,946        384,946 
United States   6,142,786    277,285        6,420,071 
Short-Term Investments                    
Repurchase Agreements       144,818        144,818 
Time Deposits       15,548        15,548 
Money Market Funds   139,928            139,928 
Total  $6,816,601   $1,480,485   $   $8,297,086 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

22 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)

INTERNATIONAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
LONG-TERM INVESTMENTS 96.04%          
           
COMMON STOCKS 96.04%          
           
Australia 1.81%          
           
Diversified REITS 0.52%          
Charter Hall Group   255,507   $3,762,617 
           
Metals & Mining 1.29%          
BHP Group Ltd.   235,070    9,303,916 
Total Australia        13,066,533 
           
Austria 2.08%          
           
Banks          
BAWAG Group AG   39,879    6,829,309 
Erste Group Bank AG   73,921    8,167,975 
         14,997,284 
           
Belgium 0.48%          
           
Pharmaceuticals          
UCB SA*   12,762    3,474,981 
           
Brazil 0.69%          
           
Capital Markets          
B3 SA - Brasil Bolsa Balcao   1,371,650    4,994,315 
           
Canada 4.07%          
           
Banks 1.26%          
Toronto-Dominion Bank   84,481    9,100,824 
           
Consumer Staples Distribution & Retail 0.70%  
Alimentation Couche-Tard, Inc.   85,814    5,076,757 
           
Metals & Mining 1.15%          
Agnico Eagle Mines Ltd.   21,204    3,987,292 
Kinross Gold Corp.   142,050    4,303,278 
         8,290,570 
           
Oil, Gas & Consumable Fuels 0.96%          
Imperial Oil Ltd.   51,490    6,897,427 
Total Canada        29,365,578 
           
Investments  Shares   U.S. $
Fair Value
 
Chile 0.81%          
           
Metals & Mining          
Antofagasta PLC   119,963   $5,817,929 
           
China 2.56%          
           
Broadline Retail 1.13%          
Alibaba Group Holding Ltd.   497,990    8,207,378 
           
Interactive Media & Services 1.43%          
Tencent Holdings Ltd.   169,697    10,306,078 
Total China        18,513,456 
           
Denmark 1.38%          
           
Banks 0.87%          
Danske Bank AS   121,808    6,261,965 
           
Pharmaceuticals 0.51%          
Novo Nordisk AS Class B   87,000    3,700,626 
Total Denmark        9,962,591 
           
Finland 1.06%          
           
Communications Equipment          
Nokia OYJ   602,193    7,651,803 
           
France 6.75%          
           
Aerospace & Defense 0.62%          
Safran SA   13,925    4,471,492 
           
Banks 0.66%          
Societe Generale SA   59,590    4,796,996 
           
Building Products 0.80%          
Cie de Saint-Gobain SA   62,875    5,760,594 
           
Commercial Services & Supplies 0.51%      
SPIE SA   63,777    3,700,507 
           
Diversified Telecommunication Services 0.35%      
Orange SA   119,999    2,498,660 
           
Electrical Equipment 1.20%          
Legrand SA   48,160    8,628,510 

 

  See Notes to Financial Statements. 23
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
France (continued)          
           
Oil, Gas & Consumable Fuels 1.10%          
TotalEnergies SE   85,710   $7,968,762 
           
Personal Care Products 0.85%          
L’Oreal SA   14,202    6,116,644 
           
Textiles, Apparel & Luxury Goods 0.66%      
LVMH Moet Hennessy Louis Vuitton SE   8,968    4,790,788 
Total France        48,732,953 
           
Germany 5.90%          
           
Aerospace & Defense 0.53%          
Rheinmetall AG   2,389    3,810,001 
           
Construction Materials 0.82%          
Heidelberg Materials AG   26,817    5,916,986 
           
Electrical Equipment 2.12%          
Pfisterer Holding SE*   21,400    2,605,403 
Siemens Energy AG   60,019    12,719,333 
         15,324,736 
           
Health Care Providers & Services 0.35%      
Fresenius SE & Co. KGaA   52,385    2,536,982 
           
Insurance 1.15%          
Allianz SE Registered Shares   18,131    8,281,014 
           
Multi-Utilities 0.61%          
E.ON SE   200,650    4,448,459 
           
Pharmaceuticals 0.32%          
Bayer AG Registered Shares   51,426    2,305,823 
Total Germany        42,624,001 
           
Greece 0.75%          
           
Banks          
Alpha Bank SA   1,341,486    5,383,691 
Investments  Shares   U.S. $
Fair Value
 
Hong Kong 0.67%          
           
Insurance          
Prudential PLC   321,965   $4,851,864 
           
Hungary 1.18%          
           
Banks          
OTP Bank Nyrt   63,793    8,556,485 
           
India 1.34%          
           
Banks 0.42%          
ICICI Bank Ltd. ADR   112,663    2,995,709 
           
Wireless Telecommunication Services 0.92%      
Bharti Airtel Ltd.   333,895    6,674,537 
Total India        9,670,246 
           
Ireland 1.69%          
           
Banks 1.10%          
AIB Group PLC   689,169    7,943,738 
           
Trading Companies & Distributors 0.59%      
AerCap Holdings NV   29,712    4,225,344 
Total Ireland        12,169,082 
           
Italy 1.08%          
           
Banks 0.83%          
Banca Monte dei Paschi di Siena SpA(a)   565,000    6,022,737 
           
Passenger Airlines 0.25%          
Ryanair Holdings PLC   67,250    1,764,448 
Total Italy        7,787,185 
           
Japan 17.20%          
           
Automobiles 0.80%          
Toyota Motor Corp.   299,280    5,744,802 
           
Banks 2.12%          
Mizuho Financial Group, Inc.   167,060    7,184,028 

 

24 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
Sumitomo Mitsui Financial Group, Inc.   229,951   $8,119,351 
         15,303,379 
           
Broadline Retail 0.66%          
Ryohin Keikaku Co. Ltd.   207,800    4,800,949 
           
Electrical Equipment 2.77%          
Fuji Electric Co. Ltd.   63,670    5,351,133 
Fujikura Ltd.   109,720    4,233,325 
Furukawa Electric Co. Ltd.   6,600    1,792,472 
Mitsubishi Electric Corp.   214,360    8,602,476 
         19,979,406 
           
Electronic Equipment, Instruments & Components 1.70%      
Anritsu Corp.   65,300    1,709,366 
Murata Manufacturing Co. Ltd.   318,210    10,553,188 
         12,262,554 
           
Health Care Equipment & Supplies 0.93%      
Hoya Corp.   35,840    6,692,895 
           
Household Durables 0.66%          
Panasonic Holdings Corp.   232,500    4,755,975 
           
Industrial Conglomerates 1.31%          
Hitachi Ltd.   298,335    9,486,560 
           
Insurance 0.64%          
Sompo Holdings, Inc.   123,680    4,602,801 
           
Machinery 1.74%          
Ebara Corp.   145,570    4,979,646 
Mitsubishi Heavy Industries Ltd.   254,800    7,604,729 
         12,584,375 
           
Semiconductors & Semiconductor Equipment 1.59% 
Disco Corp.   6,910    3,287,656 
Kioxia Holdings Corp.*   17,500    4,234,275 
Tokyo Electron Ltd.   13,330    3,928,119 
         11,450,050 
Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
           
Textiles, Apparel & Luxury Goods 0.58%      
Asics Corp.   148,690   $4,222,441 
           
Tobacco 0.86%          
Japan Tobacco, Inc.   166,770    6,212,971 
           
Trading Companies & Distributors 0.84%      
Marubeni Corp.   155,260    6,042,886 
Total Japan        124,142,044 
           
Mexico 0.64%          
           
Banks          
Grupo Financiero Banorte SAB de CV Class O   424,900    4,613,735 
           
Netherlands 4.69%          
           
Banks 0.70%          
ING Groep NV   175,161    5,069,401 
           
Biotechnology 0.50%          
Argenx SE ADR*   4,574    3,575,587 
           
Insurance 1.35%          
NN Group NV   111,237    9,736,997 
           
Semiconductors & Semiconductor Equipment 2.14% 
ASML Holding NV   10,712    15,484,685 
Total Netherlands        33,866,670 
           
Peru 0.86%          
           
Banks          
Credicorp Ltd.   19,100    6,191,647 
           
Singapore 0.79%          
           
Banks          
DBS Group Holdings Ltd.   123,910    5,713,573 
           
South Korea 7.52%          
           
Aerospace & Defense 0.90%          
Hanwha Aerospace Co. Ltd. 6,783        6,480,253 

 

  See Notes to Financial Statements. 25
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
South Korea (continued)          
           
Banks 0.84%          
KB Financial Group, Inc.   55,494   $6,076,876 
           
Semiconductors & Semiconductor Equipment 1.94%      
SK Hynix, Inc.   15,698    13,998,974 
           
Technology Hardware, Storage & Peripherals 3.14%      
Samsung Electronics Co. Ltd.   150,733    22,698,519 
           
Tobacco 0.70%          
KT&G Corp.   42,193    5,072,149 
Total South Korea        54,326,771 
           
Spain 4.11%          
           
Banks 1.16%          
Banco Santander SA   687,201    8,385,444 
           
Construction & Engineering 0.52%          
ACS Actividades de Construccion y Servicios SA   25,831    3,723,142 
           
Electric: Utilities 1.16%          
Iberdrola SA   356,670    8,361,847 
           
Information Technology Services 0.33%      
Indra Sistemas SA   41,352    2,378,333 
           
Specialty Retail 0.94%          
Industria de Diseno Textil SA   113,469    6,791,191 
Total Spain        29,639,957 
           
Sweden 1.01%          
           
Machinery          
Sandvik AB(a)   172,865    7,271,933 
           
Switzerland 3.11%          
           
Electrical Equipment 1.47%          
ABB Ltd. Registered Shares   104,720    10,591,345 
Investments  Shares   U.S. $
Fair Value
 
Switzerland (continued)          
           
Pharmaceuticals 0.80%          
Sandoz Group AG   72,300   $5,799,432 
           
Textiles, Apparel & Luxury Goods 0.84%      
Cie Financiere Richemont SA Class A   31,585    6,061,707 
Total Switzerland        22,452,484 
           
Taiwan 9.27%          
           
Communications Equipment 0.23%          
Accton Technology Corp.   23,000    1,684,441 
           
Electronic Equipment, Instruments & Components 1.78% 
Delta Electronics, Inc.   146,200    10,252,340 
Unimicron Technology Corp.   90,000    2,556,301 
         12,808,641 
           
Semiconductors & Semiconductor Equipment 6.58%  
ASE Technology Holding Co. Ltd.   274,200    4,297,989 
Taiwan Semiconductor Manufacturing Co. Ltd.   590,894    41,020,954 
Visual Photonics Epitaxy Co. Ltd.   197,000    2,194,695 
         47,513,638 
           
Technology Hardware, Storage & Peripherals 0.68%  
Asia Vital Components Co. Ltd.   53,840    4,929,229 
Total Taiwan        66,935,949 
           
United Kingdom 4.25%          
           
Aerospace & Defense 0.29%          
Babcock International Group PLC   138,275    2,083,149 
           
Banks 0.91%          
HSBC Holdings PLC   357,373    6,575,597 

 

26 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL EQUITY FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United Kingdom (continued)          
           
Beverages 0.58%          
Diageo PLC   206,546   $4,176,231 
           
Capital Markets 0.46%          
St. James’s Place PLC   200,455    3,309,895 
           
Pharmaceuticals 1.39%          
AstraZeneca PLC   53,200    10,093,221 
           
Tobacco 0.62%          
Imperial Brands PLC   117,871    4,478,230 
Total United Kingdom        30,716,323 
           
United States 8.29%          
           
Biotechnology 0.64%          
BeOne Medicines Ltd. Class H*   205,109    4,655,803 
           
Construction Materials 1.80%          
CRH PLC   45,322    5,388,850 
Holcim AG   81,696    7,591,711 
         12,980,561 
           
Electrical Equipment 1.18%          
Schneider Electric SE   26,680    8,489,809 
           
Interactive Media & Services 0.95%          
Alphabet, Inc. Class A   17,929    6,899,079 
           
Oil, Gas & Consumable Fuels 1.43%          
Shell PLC   226,568    10,301,315 
           
Pharmaceuticals 1.57%          
Novartis AG Registered          
Shares   32,851    4,855,038 
Roche Holding AG   15,956    6,502,068 
         11,357,106 
           
Semiconductors & Semiconductor Equipment 0.72%    
Broadcom, Inc.   12,417    5,183,228 
Total United States        59,866,901 
Total Common Stocks
(cost $493,918,106)
        693,357,964 
Investments  Principal
Amount
   U.S. $
Fair Value
 
SHORT-TERM INVESTMENTS 3.76%          
           
Repurchase Agreements 2.85%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $20,731,800 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $20,966,938; proceeds: $20,557,485
(cost $20,555,630)
  $20,555,630   $20,555,630 
           
Time Deposits 0.09%          
CitiBank N.A.(b)
(cost $659,836)
   659,836    659,836 
           
    Shares      
           
Money Market Funds 0.82%          
Fidelity Government Portfolio(b)
(cost $5,938,526)
   5,938,526    5,938,526 
Total Short-Term Investments
(cost $27,153,992)
        27,153,992 
Total Investments in Securities 99.80%
(cost $521,072,098)
        720,511,956 
Other Assets and Liabilities – Net 0.20%        1,410,251 
Net Assets 100.00%       $721,922,207 

 

ADR   American Depositary Receipt.
REITS   Real Estate Investment Trusts.
  Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At April 30, 2026, the total value of Rule 144A securities was $6,829,309, which represents 0.95% of net assets.
*   Non-income producing security.
(a)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.
(b)   Security was purchased with the cash collateral from loaned securities.

 

  See Notes to Financial Statements. 27
 

Schedule of Investments (unaudited)(concluded)

INTERNATIONAL EQUITY FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Australia  $   $13,066,533   $   $13,066,533 
Austria       14,997,284        14,997,284 
Belgium       3,474,981        3,474,981 
Brazil   4,994,315            4,994,315 
Canada   29,365,578            29,365,578 
Chile       5,817,929        5,817,929 
China       18,513,456        18,513,456 
Denmark       9,962,591        9,962,591 
Finland       7,651,803        7,651,803 
France       48,732,953        48,732,953 
Germany       42,624,001        42,624,001 
Greece       5,383,691        5,383,691 
Hong Kong       4,851,864        4,851,864 
Hungary       8,556,485        8,556,485 
India   2,995,709    6,674,537        9,670,246 
Ireland   4,225,344    7,943,738        12,169,082 
Italy       7,787,185        7,787,185 
Japan   4,800,949    119,341,095        124,142,044 
Mexico   4,613,735            4,613,735 
Netherlands   3,575,587    30,291,083        33,866,670 
Peru   6,191,647            6,191,647 
Singapore       5,713,573        5,713,573 
South Korea       54,326,771        54,326,771 
Spain       29,639,957        29,639,957 
Sweden       7,271,933        7,271,933 
Switzerland       22,452,484        22,452,484 
Taiwan       66,935,949        66,935,949 
United Kingdom       30,716,323        30,716,323 
United States   17,471,157    42,395,744        59,866,901 
Short-Term Investments                    
Repurchase Agreements       20,555,630        20,555,630 
Time Deposits       659,836        659,836 
Money Market Funds   5,938,526            5,938,526 
Total  $84,172,547   $636,339,409   $   $720,511,956 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

28 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
LONG-TERM INVESTMENTS 97.77%          
           
COMMON STOCKS 97.77%          
           
Australia 3.12%          
           
Diversified REITS 0.49%          
Charter Hall Group   115,000   $1,693,499 
           
Metals & Mining 1.71%          
Imdex Ltd.   2,020,000    5,941,990 
           
Professional Services 0.70%          
ALS Ltd.   155,000    2,420,299 
           
Software 0.22%          
IREN Ltd.*   17,000    773,670 
Total Australia        10,829,458 
           
Austria 1.80%          
           
Banks 1.60%          
BAWAG Group AG   32,376    5,544,415 
           
Construction Materials 0.20%          
Wienerberger AG   24,500    710,358 
Total Austria        6,254,773 
           
Belgium 0.85%          
           
Health Care REITS          
Aedifica SA   35,000    2,950,547 
           
Burkina Faso 1.02%          
           
Metals & Mining          
IAMGOLD Corp.*   210,000    3,534,141 
           
Canada 11.36%          
           
Consumer Staples Distribution & Retail 0.84%          
North West Co., Inc.   77,800    2,914,171 
           
Gas Utilities 0.76%          
Brookfield Infrastructure Corp. Class A   71,989    2,663,119 
           
Ground Transportation 0.99%          
TFI International, Inc.   24,000    3,434,048 
Investments  Shares   U.S. $
Fair Value
 
Canada (continued)          
           
Metals & Mining 2.63%          
Capstone Copper Corp.*   306,100   $2,550,927 
DPM Metals, Inc.   148,000    4,969,470 
Hudbay Minerals, Inc.   70,000    1,619,171 
         9,139,568 
           
Oil, Gas & Consumable Fuels 4.94%          
Headwater Exploration, Inc.   335,000    3,309,677 
NexGen Energy Ltd.*   170,000    2,135,090 
PrairieSky Royalty Ltd.   197,000    4,975,942 
Tamarack Valley Energy Ltd.   245,000    2,297,861 
Topaz Energy Corp.   191,000    4,434,895 
         17,153,465 
           
Trading Companies & Distributors 1.20%          
Finning International, Inc.   57,000    4,174,447 
Total Canada        39,478,818 
           
Denmark 0.76%          
           
Pharmaceuticals          
ALK-Abello AS   70,000    2,621,894 
           
France 7.56%          
           
Aerospace & Defense 2.44%          
Exail Technologies SA*   21,000    3,046,325 
LISI SA   74,000    5,417,184 
         8,463,509 
           
Biotechnology 1.05%          
Abivax SA ADR*   31,000    3,638,780 
           
Commercial Services & Supplies 0.67%          
Elis SA   75,000    2,317,515 
           
Electronic Equipment, Instruments & Components 0.15%
Vusion   3,700    527,759 

 

  See Notes to Financial Statements. 29
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
France (continued)          
           
Hotels, Restaurants & Leisure 1.09%          
Accor SA   28,000   $1,385,684 
Cie des Alpes   93,000    2,417,660 
         3,803,344 
           
Household Durables 0.27%          
Kaufman & Broad SA   29,000    942,121 
           
Oil, Gas & Consumable Fuels 1.28%          
Gaztransport Et Technigaz SA   18,349    4,464,204 
           
Software 0.61%          
Planisware SA   99,781    2,106,373 
Total France        26,263,605 
           
Germany 8.84%          
           
Aerospace & Defense 0.53%          
Vincorion SE*   70,000    1,830,424 
           
Capital Markets 0.84%          
flatexDEGIRO SE   82,000    2,933,936 
           
Chemicals 1.03%          
Alzchem Group AG   18,400    3,577,198 
           
Electrical Equipment 1.80%          
Pfisterer Holding SE*   51,500    6,270,012 
           
Machinery 1.96%          
Deutz AG   150,000    1,754,018 
JOST Werke SE   32,500    1,975,839 
RENK Group AG   48,500    3,082,419 
         6,812,276 
           
Real Estate Management & Development 0.77%          
TAG Immobilien AG   152,433    2,658,267 
           
Semiconductors & Semiconductor Equipment 1.91%    
AIXTRON SE   120,000    6,630,462 
Total Germany        30,712,575 
Investments  Shares   U.S. $
Fair Value
 
Hong Kong 2.50%          
           
Hotels, Restaurants & Leisure 0.37%          
Melco Resorts & Entertainment Ltd. ADR*   220,000   $1,269,400 
           
Semiconductors & Semiconductor Equipment 2.13%    
ASMPT Ltd.   353,200    7,398,626 
Total Hong Kong        8,668,026 
           
Ireland 0.59%          
           
Household Durables          
Cairn Homes PLC   800,000    2,046,845 
           
Israel 1.91%          
           
Capital Markets          
Tel Aviv Stock Exchange Ltd.   131,657    6,624,708 
           
Italy 5.43%          
           
Aerospace & Defense 0.95%          
Avio SpA   89,622    3,317,530 
           
Hotels, Restaurants & Leisure 1.10%          
Lottomatica Group SpA   129,833    3,817,322 
           
Leisure Products 1.39%          
Technogym SpA   205,000    4,829,774 
           
Machinery 0.36%          
Interpump Group SpA   30,000    1,264,742 
           
Textiles, Apparel & Luxury Goods 0.75%          
Brunello Cucinelli SpA(a)   26,666    2,602,130 
           
Transportation Infrastructure 0.88%          
Enav SpA   520,000    3,044,021 
Total Italy        18,875,519 
           
Japan 20.52%          
           
Banks 1.57%          
Mebuki Financial Group, Inc.   659,000    5,471,241 

 

30 See Notes to Financial Statements.  
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
           
Beverages 0.49%          
Coca-Cola Bottlers Japan Holdings, Inc.   78,000   $1,702,443 
           
Chemicals 0.78%          
NOF Corp.   132,000    2,695,834 
           
Commercial Services & Supplies 1.17%          
Daiei Kankyo Co. Ltd.   93,000    2,234,033 
Japan Elevator Service Holdings Co. Ltd.   182,000    1,841,305 
         4,075,338 
           
Electrical Equipment 2.35%          
Furukawa Electric Co. Ltd.   30,000    8,147,600 
           
Electronic Equipment, Instruments & Components 2.43%
Azbil Corp.   217,400    1,934,805 
Taiyo Yuden Co. Ltd.   159,000    6,518,918 
         8,453,723 
           
Food Products 0.62%          
Kewpie Corp.   81,000    2,149,244 
           
Health Care Equipment &          
Supplies 1.06%          
Asahi Intecc Co. Ltd.   175,000    3,682,450 
           
Hotels, Restaurants & Leisure 1.84%          
Food & Life Cos. Ltd.   55,500    3,228,492 
McDonald’s Holdings Co. Japan Ltd.   61,000    3,163,872 
         6,392,364 
           
Information Technology Services 0.67%          
NS Solutions Corp.   25,476    590,226 
Simplex Holdings, Inc.   308,400    1,729,946 
         2,320,172 
           
Machinery 2.47%          
Japan Steel Works Ltd.   65,500    4,002,748 
Organo Corp.   45,200    4,567,595 
         8,570,343 
Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
           
Real Estate Management & Development 0.45%          
Tokyu Fudosan Holdings Corp.   182,800   $1,556,383 
           
Semiconductors & Semiconductor Equipment 2.68%      
Kokusai Electric Corp.   61,000    2,567,204 
SUMCO Corp.   219,000    3,494,067 
Tokyo Seimitsu Co. Ltd.   29,500    3,259,621 
         9,320,892 
           
Specialty Retail 0.62%          
USS Co. Ltd.   200,000    2,165,373 
           
Wireless Telecommunication Services 1.32%          
Okinawa Cellular Telephone Co.   214,400    4,588,154 
Total Japan        71,291,554 
           
Netherlands 3.44%          
           
Biotechnology 0.35%          
Newamsterdam Pharma Co. NV*   42,000    1,199,520 
           
Insurance 1.31%          
ASR Nederland NV   60,000    4,557,565 
           
Semiconductors & Semiconductor Equipment 1.78%      
BE Semiconductor Industries NV   21,183    6,196,335 
Total Netherlands        11,953,420 
           
New Zealand 0.92%          
           
Transportation Infrastructure          
Port of Tauranga Ltd.   655,000    3,211,613 
           
Peru 0.20%          
           
Banks          
Intercorp Financial Services, Inc.   15,856    706,860 

 

  See Notes to Financial Statements. 31
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Singapore 0.59%          
           
Capital Markets          
iFAST Corp. Ltd.   300,000   $2,065,113 
           
South Korea 1.37%          
           
Banks          
BNK Financial Group, Inc.    374,000    4,748,758 
           
Spain 1.54%          
           
Air Freight & Logistics 1.25%          
Logista Integral SA   111,000    4,336,566 
           
Machinery 0.29%          
Fluidra SA   43,000    1,006,271 
Total Spain        5,342,837 
           
Sweden 1.19%          
Commercial Services & Supplies          
Loomis AB   89,468    4,145,505 
           
Switzerland 6.73%          
           
Building Products 1.21%          
Belimo Holding AG Registered Shares   4,600    4,212,491 
           
Capital Markets 0.39%          
EFG International AG   63,300    1,361,948 
           
Electrical Equipment 2.91%          
Accelleron Industries AG   31,000    3,321,334 
Huber & Suhner AG   23,300    6,766,997 
         10,088,331 
           
Health Care Equipment & Supplies 1.03%      
Medacta Group SA   19,800    3,588,251 
           
Machinery 1.19%          
VAT Group AG   5,500    4,131,877 
Total Switzerland        23,382,898 
Investments  Shares   U.S. $
Fair Value
 
Taiwan 6.31%          
           
Electronic Equipment, Instruments & Components 2.44%      
Chroma ATE, Inc.   124,000   $8,472,959 
           
Semiconductors & Semiconductor Equipment 3.09%      
ASPEED Technology, Inc.   7,000    3,763,007 
Visual Photonics Epitaxy Co. Ltd.   625,000    6,962,866 
         10,725,873 
           
Technology Hardware, Storage & Peripherals 0.78%      
AURAS Technology Co. Ltd.   74,000    2,732,609 
Total Taiwan        21,931,441 
           
United Kingdom 9.22%          
           
Aerospace & Defense 0.87%          
Babcock International Group PLC   113,000    1,702,374 
Chemring Group PLC   186,488    1,324,646 
         3,027,020 
           
Biotechnology 0.91%          
Genus PLC   98,500    3,141,753 
           
Construction & Engineering 0.60%          
Renew Holdings PLC   170,000    2,093,513 
           
Construction Materials 0.82%          
SigmaRoc PLC*   1,700,000    2,851,490 
           
Food Products 1.95%          
Cranswick PLC   66,000    4,840,731 
Premier Foods PLC   716,913    1,928,641 
         6,769,372 
           
Health Care Equipment & Supplies 0.24%          
Convatec Group PLC   295,000    846,008 
           
Machinery 1.98%          
IMI PLC   92,000    3,504,102 
Rotork PLC   375,000    1,575,748 
Weir Group PLC   50,000    1,812,266 
         6,892,116 

 

32 See Notes to Financial Statements.  
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United Kingdom (continued)          
           
Textiles, Apparel & Luxury Goods 0.66%          
Burberry Group PLC*   145,000   $2,300,884 
           
Trading Companies & Distributors 1.19%          
Diploma PLC   43,500    4,116,812 
Total United Kingdom        32,038,968 
Total Common Stocks
(cost $261,781,653)
        339,679,876 
           
      Principal
Amount
      
           
SHORT-TERM INVESTMENTS 1.53%          
           
Repurchase Agreements 0.83%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $2,928,200 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $2,961,443; proceeds: $2,903,548
(cost $2,903,286)
  $2,903,286    2,903,286 
           
Time Deposits 0.07%          
CitiBank N.A.(b)
(cost $242,506)
   242,506    242,506 
Investments  Shares   U.S. $
Fair Value
 
Money Market Funds 0.63%          
Fidelity Government Portfolio(b)
(cost $2,182,558)
   2,182,558   $2,182,558 
Total Short-Term Investments
(cost $5,328,350)
        5,328,350 
Total Investments in Securities 99.30%
(cost $267,110,003)
        345,008,226 
Other Assets and Liabilities – Net 0.70%        2,430,796 
Net Assets 100.00%       $347,439,022 

 

ADR   American Depositary Receipt.
REITS   Real Estate Investment Trusts.
*   Non-income producing security.
  Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At April 30, 2026, the total value of Rule 144A securities was $23,960,185, which represents 6.90% of net assets.
(a)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.
(b)   Security was purchased with the cash collateral from loaned securities.

 

  See Notes to Financial Statements. 33
 

Schedule of Investments (unaudited)(concluded)

INTERNATIONAL OPPORTUNITIES FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Australia  $773,670   $10,055,788   $   $10,829,458 
Austria       6,254,773        6,254,773 
Belgium       2,950,547        2,950,547 
Burkina Faso   3,534,141            3,534,141 
Canada   39,478,818            39,478,818 
Denmark       2,621,894        2,621,894 
France   3,638,780    22,624,825        26,263,605 
Germany   1,830,424    28,882,151        30,712,575 
Hong Kong   1,269,400    7,398,626        8,668,026 
Ireland   2,046,845            2,046,845 
Israel       6,624,708        6,624,708 
Italy       18,875,519        18,875,519 
Japan       71,291,554        71,291,554 
Netherlands   1,199,520    10,753,900        11,953,420 
New Zealand       3,211,613        3,211,613 
Peru   706,860            706,860 
Singapore       2,065,113        2,065,113 
South Korea       4,748,758        4,748,758 
Spain       5,342,837        5,342,837 
Sweden       4,145,505        4,145,505 
Switzerland       23,382,898        23,382,898 
Taiwan       21,931,441        21,931,441 
United Kingdom   1,928,641    30,110,327        32,038,968 
Short-Term Investments                    
Repurchase Agreements       2,903,286        2,903,286 
Time Deposits       242,506        242,506 
Money Market Funds   2,182,558            2,182,558 
Total  $58,589,657   $286,418,569   $   $345,008,226 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

34 See Notes to Financial Statements.  
 

Schedule of Investments (unaudited)

INTERNATIONAL VALUE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
LONG-TERM INVESTMENTS 96.16%          
           
COMMON STOCKS 96.16%          
           
Australia 4.95%          
           
Insurance 1.10%          
QBE Insurance Group Ltd.    347,996   $5,636,792 
           
Metals & Mining 3.85%          
BHP Group Ltd.   409,422    16,204,654 
Glencore PLC*   466,094    3,622,403 
         19,827,057 
Total Australia        25,463,849 
           
Austria 2.82%          
           
Banks 2.21%          
BAWAG Group AG   24,029    4,114,985 
Erste Group Bank AG   65,754    7,265,554 
         11,380,539 
           
Construction Materials 0.61%          
Wienerberger AG   108,342    3,141,290 
Total Austria        14,521,829 
           
Canada 3.33%          
           
Banks 1.61%          
Toronto-Dominion Bank   77,177    8,313,991 
           
Oil, Gas & Consumable Fuels 1.72%          
Pembina Pipeline Corp.   189,875    8,838,515 
Total Canada        17,152,506 
           
China 1.93%          
           
Interactive Media & Services 0.73%          
Tencent Holdings Ltd.   61,700    3,747,179 
           
Marine Transportation 1.20%          
SITC International Holdings Co. Ltd.   1,473,000    6,167,407 
Total China        9,914,586 
Investments  Shares   U.S. $
Fair Value
 
Finland 1.13%          
           
Communications Equipment          
Nokia OYJ   456,377   $5,798,983 
           
France 9.72%          
           
Banks 2.40%          
BNP Paribas SA   67,268    7,064,582 
Societe Generale SA   65,700    5,288,851 
         12,353,433 
           
Building Products 0.88%          
Cie de Saint-Gobain SA   49,764    4,559,367 
           
Chemicals 0.89%          
Arkema SA   62,698    4,575,946 
           
Construction & Engineering 1.63%          
Eiffage SA   51,920    8,370,974 
           
Diversified Telecommunication Services 0.85%          
Orange SA   211,291    4,399,574 
           
Gas Utilities 1.30%          
Rubis SCA   162,676    6,704,603 
           
Information Technology Services 0.19%          
Capgemini SE   8,083    983,025 
           
Insurance 1.22%          
AXA SA   130,031    6,268,181 
           
Media 0.36%          
Publicis Groupe SA   19,816    1,851,553 
Total France        50,066,656 
           
Germany 4.73%          
           
Automobiles 0.55%          
Bayerische Motoren Werke AG   30,854    2,823,547 
           
Health Care Providers & Services 1.22%          
Fresenius SE & Co. KGaA   129,525    6,272,838 

 

  See Notes to Financial Statements. 35
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL VALUE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Germany (continued)          
           
Industrial Conglomerates 1.75%          
Siemens AG   30,352   $9,019,433 
           
Pharmaceuticals 1.21%          
Bayer AG Registered Shares   139,127    6,238,134 
Total Germany        24,353,952 
           
Hong Kong 2.25%          
           
Insurance 1.39%          
Prudential PLC   473,479    7,135,110 
           
Machinery 0.86%          
Techtronic Industries Co. Ltd.   305,500    4,429,657 
Total Hong Kong        11,564,767 
           
Hungary 0.37%          
           
Banks          
OTP Bank Nyrt   14,367    1,927,030 
           
Ireland 2.87%          
           
Banks 1.77%          
AIB Group PLC   787,687    9,079,310 
           
Trading Companies & Distributors 1.10%          
AerCap Holdings NV   39,870    5,669,913 
Total Ireland        14,749,223 
           
Italy 5.83%          
           
Banks 1.28%          
Banca Monte dei Paschi di Siena SpA(a)   618,825    6,596,496 
           
Beverages 1.32%          
Coca-Cola HBC AG Class DI   116,315    6,784,526 
           
Electric: Utilities 2.13%          
Enel SpA   939,368    10,967,763 
Investments  Shares   U.S. $
Fair Value
 
Italy (continued)          
           
Passenger Airlines 1.10%          
Ryanair Holdings PLC   216,826   $5,688,897 
Total Italy        30,037,682 
           
Japan 17.94%          
           
Automobiles 1.86%          
Toyota Motor Corp.   499,600    9,590,026 
           
Banks 3.06%          
Mizuho Financial Group, Inc.   169,800    7,301,855 
Sumitomo Mitsui Financial Group, Inc.   239,289    8,449,068 
         15,750,923 
           
Capital Markets 0.71%          
Nomura Holdings, Inc.   455,800    3,650,878 
           
Chemicals 0.77%          
Nissan Chemical Corp.   91,600    3,960,740 
           
Electrical Equipment 1.54%          
Fuji Electric Co. Ltd.   94,201    7,917,105 
           
Electronic Equipment, Instruments & Components 1.69%      
Murata Manufacturing Co. Ltd.   262,551    8,707,300 
           
Household Durables 0.82%          
Panasonic Holdings Corp.   207,000    4,234,352 
           
Industrial Conglomerates 0.75%          
Hitachi Ltd.   121,950    3,877,808 
           
Insurance 1.49%          
Sompo Holdings, Inc.   206,781    7,695,438 
           
Pharmaceuticals 0.93%          
Otsuka Holdings Co. Ltd.   65,500    4,773,781 
           
Semiconductors & Semiconductor Equipment 0.26%      
Renesas Electronics Corp.   65,100    1,316,494 

 

36 See Notes to Financial Statements.  
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL VALUE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
Japan (continued)          
           
Technology Hardware, Storage & Peripherals 1.17%      
FUJIFILM Holdings Corp.   328,700   $6,049,272 
           
Trading Companies & Distributors 1.90%          
ITOCHU Corp.   166,375    2,061,902 
Sumitomo Corp.   207,700    7,722,737 
         9,784,639 
           
Wireless Telecommunication Services 0.99%          
KDDI Corp.   310,300    5,077,913 
Total Japan        92,386,669 
           
Mexico 1.14%          
           
Banks          
Grupo Financiero Banorte SAB de CV Class O   540,068    5,864,276 
           
Netherlands 4.72%          
           
Banks 2.06%          
ING Groep NV   366,706    10,612,976 
           
Insurance 2.66%          
NN Group NV   156,220    13,674,531 
Total Netherlands        24,287,507 
           
South Africa 0.81%          
           
Metals & Mining          
Anglo American PLC   84,521    4,182,515 
           
South Korea 2.65%          
           
Banks 1.16%          
KB Financial Group, Inc.   54,478    5,965,619 
           
Technology Hardware, Storage & Peripherals 1.49%      
Samsung Electronics Co. Ltd.   51,120    7,698,038 
Total South Korea        13,663,657 
           
Spain 2.74%          
           
Banks 1.50%          
Banco Santander SA   632,054    7,712,523 
Investments  Shares   U.S. $
Fair Value
 
Spain (continued)          
           
Electric: Utilities 1.24%          
Iberdrola SA   271,788   $6,371,855 
Total Spain        14,084,378 
           
Sweden 0.54%          
           
Machinery          
Volvo AB Class B   79,274    2,763,233 
           
Switzerland 1.22%          
           
Capital Markets          
Julius Baer Group Ltd.   76,488    6,287,076 
           
Taiwan 1.32%          
           
Semiconductors & Semiconductor Equipment      
Taiwan Semiconductor Manufacturing Co. Ltd.   97,514    6,769,602 
           
United Kingdom 14.11%          
           
Banks 5.45%          
HSBC Holdings PLC   989,684    18,210,003 
Lloyds Banking Group PLC   7,254,512    9,861,072 
         28,071,075 
           
Beverages 0.63%          
Diageo PLC   159,649    3,228,003 
           
Broadline Retail 0.60%          
Next PLC   17,601    3,106,374 
           
Capital Markets 0.76%          
St. James’s Place PLC   238,713    3,941,607 
           
Electric: Utilities 0.80%          
SSE PLC   114,682    4,106,116 
           
Health Care Equipment & Supplies 1.02%          
Smith & Nephew PLC   338,791    5,242,388 
           
Household Durables 0.85%          
Persimmon PLC   305,055    4,398,731 

 

  See Notes to Financial Statements. 37
 

Schedule of Investments (unaudited)(continued)

INTERNATIONAL VALUE FUND April 30, 2026

 

Investments  Shares   U.S. $
Fair Value
 
United Kingdom (continued)          
           
Personal Care Products 1.62%          
Unilever PLC   143,011   $8,339,704 
           
Pharmaceuticals 0.63%          
Hikma Pharmaceuticals PLC   169,768    3,227,795 
           
Tobacco 1.75%          
Imperial Brands PLC   237,155    9,010,143 
Total United Kingdom        72,671,936 
           
United States 9.04%          
           
Construction Materials 0.80%          
Holcim AG   44,271    4,113,942 
           
Food Products 0.83%          
Nestle SA Registered Shares   41,987    4,250,749 
           
Oil, Gas & Consumable Fuels 5.15%          
BP PLC   1,168,745    9,251,588 
Shell PLC ADR   190,648    17,286,054 
         26,537,642 
           
Pharmaceuticals 2.26%          
Novartis AG Registered Shares   59,900    8,852,601 
Roche Holding AG   6,895    2,809,712 
         11,662,313 
Total United States        46,564,646 
Total Common Stocks
(cost $399,283,446)
        495,076,558 
Investments  Principal
Amount
   U.S. $
Fair Value
 
SHORT-TERM INVESTMENTS 4.37%          
           
Repurchase Agreements 3.07%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $15,926,800 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $16,107,433; proceeds: $15,792,894
(cost $15,791,468)
   $15,791,468   $15,791,468 
           
Time Deposits 0.13%          
CitiBank N.A.(b)
(cost $672,031)
   672,031    672,031 
           
      Shares      
           
Money Market Funds 1.17%          
Fidelity Government Portfolio(b)
(cost $6,048,275)
   6,048,275    6,048,275 
Total Short-Term Investments
(cost $22,511,774)
        22,511,774 
           
Total Investments in Securities 100.53%
(cost $421,795,220)
    517,588,332 
Other Assets and Liabilities – Net (0.53)%    (2,705,122)
Net Assets 100.00%       $514,883,210 

 

ADR   American Depositary Receipt.
*   Non-income producing security.
  Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At April 30, 2026, the total value of Rule 144A securities was $4,114,985, which represents 0.80% of net assets.
(a)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.
(b)   Security was purchased with the cash collateral from loaned securities.

 

38 See Notes to Financial Statements.  
 

Schedule of Investments (unaudited)(concluded)

INTERNATIONAL VALUE FUND April 30, 2026

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks                    
Australia  $   $25,463,849   $   $25,463,849 
Austria       14,521,829        14,521,829 
Canada   17,152,506            17,152,506 
China       9,914,586        9,914,586 
Finland       5,798,983        5,798,983 
France       50,066,656        50,066,656 
Germany       24,353,952        24,353,952 
Hong Kong       11,564,767        11,564,767 
Hungary       1,927,030        1,927,030 
Ireland   5,669,913    9,079,310        14,749,223 
Italy       30,037,682        30,037,682 
Japan       92,386,669        92,386,669 
Mexico   5,864,276            5,864,276 
Netherlands       24,287,507        24,287,507 
South Africa       4,182,515        4,182,515 
South Korea       13,663,657        13,663,657 
Spain       14,084,378        14,084,378 
Sweden       2,763,233        2,763,233 
Switzerland       6,287,076        6,287,076 
Taiwan       6,769,602        6,769,602 
United Kingdom       72,671,936        72,671,936 
United States   17,286,054    29,278,592        46,564,646 
Short-Term Investments                    
Repurchase Agreements       15,791,468        15,791,468 
Time Deposits       672,031        672,031 
Money Market Funds   6,048,275            6,048,275 
Total  $52,021,024   $465,567,308   $   $517,588,332 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 39
 

Schedule of Investments (unaudited)

MICRO CAP GROWTH FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 98.69%          
           
COMMON STOCKS 98.69%          
           
Aerospace & Defense 7.34%          
AAR Corp.*   24,296   $2,681,550 
Aevex Corp. Class A*   87,583    2,649,386 
Mercury Systems, Inc.*   40,572    3,201,536 
TAT Technologies Ltd. (Israel)*(a)   30,164    1,107,320 
VSE Corp.   15,823    2,716,493 
York Space Systems, Inc.*(b)    77,932    2,584,225 
Total        14,940,510 
           
Beverages 1.86%          
Vita Coco Co., Inc.*   57,434    3,790,070 
           
Biotechnology 17.58%          
Celcuity, Inc.*   48,918    5,936,199 
CG oncology, Inc.*   14,440    963,726 
Cogent Biosciences, Inc.*   185,508    6,639,331 
Dianthus Therapeutics, Inc.*   37,988    3,335,347 
Forte Biosciences, Inc.*   32,292    860,905 
Mineralys Therapeutics, Inc.*   82,841    2,207,713 
Mirum Pharmaceuticals, Inc.*   43,172    4,201,067 
Newamsterdam Pharma Co. NV (Netherlands)*(a)  39,175    1,118,838 
Oruka Therapeutics, Inc.*   26,285    1,798,157 
Praxis Precision Medicines, Inc.*   8,370    2,668,607 
PTC Therapeutics, Inc.*   42,655    2,775,134 
Relay Therapeutics, Inc.*   64,586    837,035 
Rhythm Pharmaceuticals, Inc.*   18,198    1,480,589 
Twist Bioscience Corp.*   16,458    961,970 
Total        35,784,618 
           
Broadline Retail 0.86%          
Pattern Group, Inc.          
Class A*   129,755    1,747,800 
Investments  Shares   Fair
Value
 
Capital Markets 5.13%          
Marex Group PLC (United Kingdom)(a)   22,133   $1,180,795 
Miami International Holdings, Inc.*   56,788    2,640,074 
Piper Sandler Cos.   30,924    2,696,573 
StoneX Group, Inc.*   23,024    2,441,235 
WisdomTree, Inc.(b)   87,809    1,492,753 
Total        10,451,430 
           
Communications Equipment 3.87%          
Applied Optoelectronics, Inc.*   22,879    3,760,392 
Calix, Inc.*   23,626    1,029,149 
Gilat Satellite Networks Ltd. (Israel)*(a)   112,637    2,079,279 
Ondas, Inc.*(b)   99,745    1,001,440 
Total        7,870,260 
           
Construction & Engineering 11.21%          
Argan, Inc.   4,021    2,693,990 
Cardinal Infrastructure Group, Inc. Class A*   94,472    5,009,850 
Legence Corp. Class A*   74,140    6,447,214 
MYR Group, Inc.*   6,744    2,730,039 
Primoris Services Corp.   6,850    1,240,878 
Sterling Infrastructure, Inc.*   9,123    4,704,001 
Total        22,825,972 
           
Consumer Finance 0.70%          
Dave, Inc.*   5,208    1,416,524 
           
Consumer Staples Distribution & Retail 1.05%          
Chefs’ Warehouse, Inc.*   27,640    2,144,864 
           
Diversified Consumer Services 3.98%          
American Public Education, Inc.*   23,052    1,340,474 
Lincoln Educational Services Corp.*   82,269    3,384,546 
Universal Technical Institute, Inc.*   90,041    3,379,239 
Total        8,104,259 

 

40 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(continued)

MICRO CAP GROWTH FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Electronic Equipment, Instruments & Components 5.09%
Bel Fuse, Inc. Class B   16,447   $4,536,740 
nLight, Inc.*   28,108    1,963,344 
OSI Systems, Inc.*   9,550    2,740,086 
Ouster, Inc.*   41,753    1,125,661 
Total        10,365,831 
           
Entertainment 3.20%          
IMAX Corp. (Canada)*(a)   81,801    3,110,074 
Sphere Entertainment Co.*   23,938    3,409,968 
Total        6,520,042 
           
Financial Services 0.65%          
Paymentus Holdings, Inc.          
Class A*   47,311    1,327,074 
           
Food Products 0.64%          
Mama’s Creations, Inc.*   91,252    1,294,866 
           
Health Care Equipment & Supplies 1.43%          
Artivion, Inc.*   34,176    1,224,526 
Ceribell, Inc.*   44,905    905,285 
Neogen Corp.*   84,254    791,987 
Total        2,921,798 
           
Health Care Providers & Services 1.36%          
Billiontoone, Inc. Class A*(b)   12,849    964,318 
GeneDx Holdings Corp.*   11,701    735,876 
Hinge Health, Inc. Class A*   23,852    1,063,799 
Total        2,763,993 
           
Health Care Technology 0.59%          
HeartFlow, Inc.*   40,387    1,201,917 
           
Hotels, Restaurants & Leisure 3.20%          
Lindblad Expeditions Holdings, Inc.*   151,172    2,801,217 
Navan, Inc. Class A*   212,222    3,711,763 
Total        6,512,980 
           
Information Technology Services 3.84%          
Applied Digital Corp.*(b)   153,977    5,273,712 
Fastly, Inc. Class A*   101,119    2,553,761 
Total        7,827,473 
Investments  Shares   Fair
Value
 
Insurance 0.93%          
Neptune Insurance Holdings, Inc. Class A*   75,071   $1,886,534 
           
Life Sciences Tools & Services 3.60%          
10X Genomics, Inc. Class A*   92,784    2,045,887 
Adaptive Biotechnologies Corp.*   324,090    4,569,669 
Alamar Biosciences, Inc.*(b)   28,651    717,421 
Total        7,332,977 
           
Machinery 3.14%          
CECO Environmental Corp.*   54,824    4,064,651 
Standex International Corp.    8,563    2,337,699 
Total        6,402,350 
           
Pharmaceuticals 4.82%          
Enliven Therapeutics, Inc.*   45,526    1,877,037 
Nektar Therapeutics*   42,431    3,608,332 
Tarsus Pharmaceuticals, Inc.*   67,997    4,325,289 
Total        9,810,658 
           
Professional Services 2.10%          
BlackSky Technology, Inc.*(b)   73,793    2,618,176 
Willdan Group, Inc.*   21,799    1,656,724 
Total        4,274,900 
           
Semiconductors & Semiconductor Equipment 4.70%
Aehr Test Systems*   70,240    6,360,934 
Navitas Semiconductor Corp.*   195,017    3,217,781 
Total        9,578,715 
           
Software 3.63%          
Cipher Digital, Inc.*   56,342    999,507 
Terawulf, Inc.*(b)   293,736    6,382,883 
Total        7,382,390 
           
Specialty Retail 0.59%          
Warby Parker, Inc. Class A*   54,101    1,196,714 

 

  See Notes to Financial Statements. 41
 

Schedule of Investments (unaudited)(concluded)

MICRO CAP GROWTH FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Trading Companies & Distributors 1.60%          
Transcat, Inc.*   18,544   $1,411,198 
Xometry, Inc. Class A*   35,978    1,844,592 
Total        3,255,790 
Total Common Stocks
(cost $128,715,340)
        200,933,309 
           
   Principal
Amount
      
           
SHORT-TERM INVESTMENTS 9.48%      
           
Repurchase Agreements 1.43%          
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $2,931,500 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $2,964,821; proceeds: $2,906,781
(cost $2,906,519)
  $2,906,519    2,906,519 
           
Time Deposits 0.80%          
CitiBank N.A.(c)
(cost $1,640,292)
   1,640,292    1,640,292 
Investments  Shares   Fair
Value
 
Money Market Funds 7.25%          
Fidelity Government Portfolio(c)
(cost $14,762,625)
   14,762,625   $14,762,625 
Total Short-Term Investments
(cost $19,309,436)
        19,309,436 
Total Investments in Securities 108.17%
(cost $148,024,776)
        220,242,745 
Other Assets and Liabilities – Net (8.17)%        (16,633,922)
Net Assets 100.00%       $203,608,823 

 

*   Non-income producing security.
(a)   Foreign security traded in U.S. dollars.
(b)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.
(c)   Security was purchased with the cash collateral from loaned securities.

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks  $200,933,309   $   $   $200,933,309 
Short-Term Investments                    
Repurchase Agreements       2,906,519        2,906,519 
Time Deposits       1,640,292        1,640,292 
Money Market Funds   14,762,625            14,762,625 
Total  $215,695,934   $4,546,811   $   $220,242,745 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

42 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)

VALUE OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
LONG-TERM INVESTMENTS 99.55%          
           
COMMON STOCKS 99.55%          
           
Aerospace & Defense 1.66%          
Curtiss-Wright Corp.   26,153   $18,835,391 
           
Banks 5.34%          
East West Bancorp, Inc.   185,634    23,477,132 
First BanCorp   768,208    18,652,090 
Wintrust Financial Corp.   122,099    18,384,447 
Total        60,513,669 
           
Beverages 1.70%          
Coca-Cola Consolidated, Inc.   93,931    19,262,430 
           
Biotechnology 2.03%          
United Therapeutics Corp.*   40,305    23,028,262 
           
Building Products 4.31%          
A.O. Smith Corp.   161,179    9,967,309 
Allegion PLC (Ireland)(a)   72,145    9,918,495 
Builders FirstSource, Inc.*   134,962    10,674,145 
Lennox International, Inc.   34,300    18,346,727 
Total        48,906,676 
           
Capital Markets 7.71%          
Affiliated Managers Group, Inc.   52,704    15,530,288 
Cboe Global Markets, Inc.   55,388    16,621,385 
Moelis & Co. Class A   204,138    13,293,466 
SEI Investments Co.   281,364    25,514,087 
TPG, Inc.   377,030    16,446,049 
Total        87,405,275 
           
Chemicals 3.41%          
Avient Corp.   443,434    16,442,533 
Element Solutions, Inc.   521,894    22,227,465 
Total        38,669,998 
           
Commercial Services & Supplies 1.64%      
Brady Corp. Class A   227,378    18,604,068 
Investments  Shares   Fair
Value
 
Construction & Engineering 2.96%          
AECOM   172,023   $14,467,134 
EMCOR Group, Inc.   21,406    19,087,088 
Total        33,554,222 
           
Consumer Staples Distribution & Retail 1.31%      
BJ’s Wholesale Club Holdings, Inc.*   158,215    14,854,806 
           
Electric: Utilities 1.66%          
IDACORP, Inc.   127,645    18,858,272 
           
Electronic Equipment, Instruments & Components 9.17%
Advanced Energy Industries, Inc.   42,652    16,374,529 
Belden, Inc.   181,202    20,381,601 
Jabil, Inc.   42,403    14,310,589 
Littelfuse, Inc.   73,141    29,561,398 
TD SYNNEX Corp.   102,177    23,314,748 
Total        103,942,865 
           
Energy Equipment & Services 2.61%      
TechnipFMC PLC (United Kingdom)(a)   391,313    29,571,523 
           
Ground Transportation 1.66%          
Landstar System, Inc.   102,519    18,870,672 
           
Health Care Equipment & Supplies 1.93%          
Globus Medical, Inc. Class A*   242,164    21,838,350 
           
Health Care Providers & Services 1.31%      
Labcorp Holdings, Inc.   57,696    14,816,333 
           
Hotels, Restaurants & Leisure 2.60%      
Expedia Group, Inc.   50,680    12,587,392 
Texas Roadhouse, Inc.   104,975    16,899,925 
Total        29,487,317 
           
Household Durables 0.50%          
TopBuild Corp.*   12,702    5,623,175 

 

  See Notes to Financial Statements. 43
 

Schedule of Investments (unaudited)(continued)

VALUE OPPORTUNITIES FUND April 30, 2026

 

Investments  Shares   Fair
Value
 
Industrial REITS 1.52%          
First Industrial Realty Trust, Inc.   278,021   $17,240,082 
           
Insurance 5.28%          
American Financial Group, Inc.   85,059    11,335,813 
RenaissanceRe Holdings Ltd.   49,310    15,136,691 
Ryan Specialty Holdings, Inc.(b)   297,488    10,343,658 
White Mountains Insurance Group Ltd.   10,340    23,078,776 
Total        59,894,938 
           
Leisure Products 2.88%          
Acushnet Holdings Corp.   190,272    18,422,135 
YETI Holdings, Inc.*   361,029    14,246,204 
Total        32,668,339 
           
Life Sciences Tools & Services 2.15%          
Bio-Techne Corp.   267,563    14,801,585 
Repligen Corp.*   80,601    9,535,904 
Total        24,337,489 
           
Machinery 7.63%          
AGCO Corp.   150,314    18,191,000 
Crane Co.   124,257    22,084,197 
Lincoln Electric Holdings, Inc.   104,996    27,823,940 
Mueller Industries, Inc.   136,185    18,443,534 
Total        86,542,671 
           
Metals & Mining 1.37%          
Reliance, Inc.   42,683    15,472,587 
           
Multi-Utilities 1.37%          
CMS Energy Corp.   201,928    15,495,955 
           
Oil, Gas & Consumable Fuels 3.50%          
Expand Energy Corp.   158,540    16,194,861 
Permian Resources Corp. Class A   1,088,524    23,533,889 
Total        39,728,750 
Investments  Shares   Fair
Value
 
Personal Care Products 1.35%          
Interparfums, Inc.   167,639   $15,292,030 
           
Pharmaceuticals 1.21%          
Phibro Animal Health Corp. Class A   258,598    13,752,242 
           
Professional Services 3.32%          
CACI International, Inc. Class A*   29,033    15,083,805 
Genpact Ltd.   328,156    11,403,421 
Paylocity Holding Corp.*   105,518    11,131,094 
Total        37,618,320 
           
Semiconductors & Semiconductor Equipment 7.21%
Nova Ltd. (Israel)*(a)   24,351    12,185,971 
Silicon Motion Technology Corp. ADR   318,077    69,588,886 
Total        81,774,857 
           
Software 2.32%          
Descartes Systems Group, Inc. (Canada)*(a)   233,677    16,850,448 
Pegasystems, Inc.   256,952    9,391,596 
Total        26,242,044 
           
Specialty Retail 1.83%          
Dick’s Sporting Goods, Inc.   91,425    20,746,161 
           
Textiles, Apparel & Luxury Goods 1.40%      
Ralph Lauren Corp.   44,314    15,892,773 
           
Trading Companies & Distributors 1.70%      
AerCap Holdings NV (Ireland)(a)   135,343    19,247,128 
Total Common Stocks
(cost $775,825,262)
        1,128,589,670 

 

44 See Notes to Financial Statements.
 

Schedule of Investments (unaudited)(concluded)

VALUE OPPORTUNITIES FUND April 30, 2026

 

Investments  Principal
Amount
   Fair
Value
 
SHORT-TERM INVESTMENTS 0.61%      
           
Repurchase Agreements 0.61%      
Repurchase Agreement dated 4/30/2026, 3.250% due 5/1/2026 with Fixed Income Clearing Corp. collateralized by $6,954,600 of U.S. Treasury Note at 3.750% due 6/30/2027; value: $7,033,507; proceeds: $6,896,097
(cost $6,895,475)
  $6,895,475   $6,895,475 
Total Investments in Securities 100.16%
(cost $782,720,737)
        1,135,485,145 
Other Assets and Liabilities – Net (0.16)%        (1,853,600)
Net Assets 100.00%       $1,133,631,545 

 

ADR   American Depositary Receipt.
REITS   Real Estate Investment Trusts.
*   Non-income producing security.
(a)   Foreign security traded in U.S. dollars.
(b)   All or a portion of this security is temporarily on loan to unaffiliated broker/dealers.

 

The following is a summary of the inputs used as of April 30, 2026 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks  $1,128,589,670   $   $   $1,128,589,670 
Short-Term Investments                    
Repurchase Agreements       6,895,475        6,895,475 
Total  $1,128,589,670   $6,895,475   $   $1,135,485,145 

 

(1)   Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.

 

  See Notes to Financial Statements. 45
 

Statements of Assets and Liabilities (unaudited)

April 30, 2026

 

   Alpha
Strategy Fund
   Focused
Growth Fund
   Focused
Large Cap
Value Fund
 
ASSETS:                     
Investments in securities, at cost    $     $116,352,022     $130,849,379 
Investments in affiliated funds, at cost     510,688,960             
Investments in securities, at fair value    $     $162,755,597     $148,664,992 
Investments in affiliated funds, at fair value     664,837,772             
Cash     37,358             
Foreign cash, at value (cost $0, $0, $158,484, $49, $351, $35,978 and $0, respectively)                 158,400 
Receivables:                     
Investment in affiliated funds sold     611,929             
Investment securities sold                 6,614,024 
Capital shares sold     135,369      19,039      36,505 
Interest and dividends           2,049      137,681 
From advisor (See Note 3)           26,118      16,345 
Securities lending income                  
Prepaid expenses and other assets     63,220      78,187      26,906 
Total assets     665,685,648      162,880,990      155,654,853 
LIABILITIES:                     
Payables:                     
Capital shares reacquired     520,713      53,485      23,108 
Trustees’ fees     101,813      7,809      42,055 
12b-1 distribution plan     77,374      13,472      51,345 
Fund administration     20,851      4,870      4,647 
Investment securities purchased                 7,133,023 
Management fee           79,135      68,536 
Accrued expenses     139,658      22,046      26,476 
Total liabilities     860,409      180,817      7,349,190 
Commitments and contingent liabilities                  
NET ASSETS    $664,825,239     $162,700,173     $148,305,663 
COMPOSITION OF NET ASSETS:                     
Paid-in capital    $521,223,574     $119,957,307     $131,057,600 
Total distributable earnings/(loss)     143,601,665      42,742,866      17,248,063 
Net Assets    $664,825,239     $162,700,173     $148,305,663 

 

46 See Notes to Financial Statements.
 
Focused
Small Cap
Value Fund
   Fundamental
Equity Fund
   Global
Equity Fund
   Growth
Leaders Fund
 
                          
  $73,042,092     $1,421,632,068     $313,154,116     $4,745,264,728 
                      
  $95,753,818     $2,202,592,343     $391,404,975     $7,558,755,330 
                      
               25       
                          
   51      351      35,699       
                          
                      
   909,996      31,642,885      3,280,213       
   99,059      462,609      529,126      1,665,535 
   58      1,957,202      716,857      152,154 
   4,305            15,682      24,491 
               4,145       
   50,397      120,402      105,634      109,766 
   96,817,684      2,236,775,792      396,092,356      7,560,707,276 
                          
   102,743      868,319      264,301      5,661,527 
   15,086      376,296      5,090      550,519 
   3,832      262,553      14,072      945,105 
   2,986      71,303      12,407      236,306 
   834,209      23,010,971      1,693,432       
   59,713      969,376      139,579      3,036,019 
   65,423      377,171      48,555      936,923 
   1,083,992      25,935,989      2,177,436      11,366,399 
                      
  $95,733,692     $2,210,839,803     $393,914,920     $7,549,340,877 
                          
  $70,917,976     $1,270,864,261     $328,142,625     $4,177,994,360 
   24,815,716      939,975,542      65,772,295      3,371,346,517 
  $95,733,692     $2,210,839,803     $393,914,920     $7,549,340,877 

 

  See Notes to Financial Statements. 47
 

Statements of Assets and Liabilities (unaudited)(continued)

April 30, 2026

 

   Alpha
Strategy Fund
   Focused
Growth Fund
   Focused
Large Cap
Value Fund
 
Net Assets by class:                     
Class A Shares    $418,054,708     $41,411,593     $19,745,490 
Class C Shares    $8,865,862     $6,230,180     $5,307,298 
Class F Shares    $8,276,492     $5,660,713     $639,342 
Class F3 Shares    $69,389,057     $25,465     $14,935 
Class I Shares    $132,472,891     $96,144,231     $119,011,668 
Class P Shares    $     $     $ 
Class R2 Shares    $1,047,814     $     $ 
Class R3 Shares    $17,624,430     $176,629     $199,663 
Class R4 Shares    $4,581,013     $28,306     $10,684 
Class R5 Shares    $498,025     $63,935     $11,594 
Class R6 Shares    $4,014,947     $12,959,121     $3,364,989 
Outstanding shares by class (unlimited number of authorized shares of beneficial interest):                     
Class A Shares     13,725,815      975,732      1,241,217 
Class C Shares     408,351      155,603      338,834 
Class F Shares     267,233      130,751      39,181 
Class F3 Shares     2,156,368      584      931 
Class I Shares     4,151,928      2,219,790      7,157,715 
Class P Shares                  
Class R2 Shares     36,886             
Class R3 Shares     611,968      4,242      12,595 
Class R4 Shares     150,884      667      670 
Class R5 Shares     15,604      1,477      723 
Class R6 Shares     124,724      297,155      209,483 
Net Asset Value, offering and redemption price per share (Net assets divided by outstanding shares):*                     
Class A Shares-Net asset value     $30.46      $42.44      $15.91 
Class A Shares-Maximum offering price (Net asset value plus sales charge of 5.75%, 5.75%, 5.75%, 5.75%, 5.75%, 5.75% and 5.75%, respectively)     $32.32      $45.03      $16.88 
Class C Shares-Net asset value     $21.71      $40.04      $15.66 
Class F Shares-Net asset value     $30.97      $43.29      $16.32 
Class F3 Shares-Net asset value     $32.18      $43.61      $16.05 
Class I Shares-Net asset value     $31.91      $43.31      $16.63 
Class P Shares-Net asset value     $       –      $       –      $       – 
Class R2 Shares-Net asset value     $28.41      $       –      $       – 
Class R3 Shares-Net asset value     $28.80      $41.64      $15.85 
Class R4 Shares-Net asset value     $30.36      $42.46      $15.94 
Class R5 Shares-Net asset value     $31.92      $43.30      $16.02 
Class R6 Shares-Net asset value     $32.19      $43.61      $16.06 

 

* Net asset value may not recalculate due to rounding of fractional shares.

 

48 See Notes to Financial Statements.
 
Focused
Small Cap
Value Fund
   Fundamental
Equity Fund
   Global
Equity Fund
   Growth
Leaders Fund
 
                          
  $12,033,981     $1,379,806,813     $52,435,429     $2,616,458,721 
  $1,750,069     $20,990,749     $4,109,944     $495,577,522 
  $1,368,963     $31,280,814     $782,599     $321,085,753 
  $13,813     $35,574,622     $60,169,557     $593,334,934 
  $76,224,902     $655,221,286     $266,785,150     $3,321,961,458 
  $     $3,104,754     $     $ 
  $     $658,294     $     $2,550,448 
  $     $66,241,981     $1,054,633     $28,929,087 
  $     $2,438,134     $27,421     $13,673,919 
  $17,059     $750,023     $24,816     $10,608,927 
  $4,324,905     $14,772,333     $8,525,371     $145,160,108 
                          
   416,174      80,174,976      2,456,056      47,636,386 
   58,033      1,470,767      196,275      10,749,089 
   42,391      1,849,274      36,477      5,585,483 
   429      2,021,881      2,797,465      10,118,973 
   2,378,103      37,704,206      12,459,145      57,259,122 
         185,980             
         39,520            48,807 
         3,961,274      49,764      551,513 
         142,739      1,273      248,844 
   532      43,112      1,157      182,761 
   134,352      838,905      396,291      2,475,693 
                          
   $28.92      $17.21      $21.35      $54.93 
                          
   $30.68      $18.26      $22.65      $58.28 
   $30.16      $14.27      $20.94      $46.10 
   $32.29      $16.92      $21.46      $57.49 
   $32.19      $17.59      $21.51      $58.64 
   $32.05      $17.38      $21.41      $58.02 
   $       –      $16.69      $       –      $       – 
   $       –      $16.66      $       –      $52.26 
   $       –      $16.72      $21.19      $52.45 
   $       –      $17.08      $21.53      $54.95 
   $32.06      $17.40      $21.44      $58.05 
   $32.19      $17.61      $21.51      $58.63 

 

  See Notes to Financial Statements. 49
 

Statements of Assets and Liabilities (unaudited)(continued)

April 30, 2026

 

   Health Care
Fund
   International
Equity Fund
   International
Opportunities
Fund
 
ASSETS:                     
Investments in securities, at cost    $6,163,743     $521,072,098     $267,110,003 
Investments in securities, at fair value including $158,502, $6,453,822, $2,366,567, $6,424,800, $17,097,381 and $278,160, respectively, of securities loaned    $8,297,086     $720,511,956     $345,008,226 
Cash                 5 
Foreign cash, at value (cost $321, $3,967,412, $2,610,379, $501,127, $0 and $0, respectively)     323      3,958,814      2,619,894 
Receivables:                     
From advisor (See Note 3)     15,985             
Interest and dividends     2,700      2,530,871      1,372,756 
Capital shares sold     595      1,076,252      152,471 
Investment securities sold           1,372,811      3,503,820 
Securities lending income     135      2,846      395 
Prepaid expenses     24,156      100,624      66,227 
Total assets     8,340,980      729,554,174      352,723,794 
LIABILITIES:                     
Payables:                     
Collateral due to broker for securities lending     155,476      6,598,362      2,425,064 
Capital shares reacquired     27,588      406,526      164,292 
Management fee     4,212      251,485      208,571 
Trustees’ fees     2,548      69,455      56,212 
12b–1 distribution plan     2,099      50,046      18,692 
Fund administration     272      22,354      11,124 
Investment securities purchased                 2,248,945 
To bank           2,075       
Foreign capital gains taxes deferred           140,575       
Accrued expenses     30,229      91,089      151,872 
Total liabilities     222,424      7,631,967      5,284,772 
Commitments and contingent liabilities                  
NET ASSETS    $8,118,556     $721,922,207     $347,439,022 
COMPOSITION OF NET ASSETS:                     
Paid-in capital    $6,426,820     $515,365,110     $279,015,236 
Total distributable earnings/(loss)     1,691,736      206,557,097      68,423,786 
Net Assets    $8,118,556     $721,922,207     $347,439,022 

 

50 See Notes to Financial Statements.
 
International
Value Fund
   Micro Cap
Growth Fund
   Value
Opportunities
Fund
 
                   
  $421,795,220     $148,024,776     $782,720,737 
                   
  $517,588,332     $220,242,745     $1,135,485,145 
               11 
                   
   505,794             
                   
         353       
   4,115,095      1,413      82,130 
   120,859      1,589      159,675 
                
         20,696       
   83,441      1,723      124,587 
   522,413,521      220,268,519      1,135,851,548 
                   
   6,720,306      16,402,917       
   292,626      15,002      882,432 
   208,317      143,492      668,450 
   98,853      21,305      237,197 
   56,507      9,631      72,684 
   16,665      6,377      35,849 
   1,462             
                
                
   135,575      60,972      323,391 
   7,530,311      16,659,696      2,220,003 
                
  $514,883,210     $203,608,823     $1,133,631,545 
                   
  $728,151,725     $154,374,018     $758,120,570 
   (213,268,515)     49,234,805      375,510,975 
  $514,883,210     $203,608,823     $1,133,631,545 

 

  See Notes to Financial Statements. 51
 

Statements of Assets and Liabilities (unaudited)(concluded)

April 30, 2026

 

   Health Care
Fund
   International
Equity Fund
   International
Opportunities
Fund
 
Net Assets by class:                     
Class A Shares    $4,292,544     $214,452,053     $108,466,343 
Class C Shares    $1,352,480     $3,368,498     $1,720,609 
Class F Shares    $127,070     $8,731,679     $3,056,753 
Class F3 Shares    $39,732     $86,201,523     $35,114,756 
Class I Shares    $40,759     $349,081,722     $167,636,253 
Class P Shares    $     $15,537     $39,554 
Class R2 Shares    $     $377,876     $1,702,911 
Class R3 Shares    $136,095     $7,578,071     $6,256,375 
Class R4 Shares    $14,272     $2,985,044     $3,085,089 
Class R5 Shares    $14,438     $425,241     $2,229,048 
Class R6 Shares    $2,101,166     $48,704,963     $18,131,331 
Outstanding shares by class (unlimited number of authorized shares of beneficial interest):                     
Class A Shares     200,417      10,668,308      4,414,357 
Class C Shares     66,330      166,877      76,000 
Class F Shares     5,844      436,196      125,483 
Class F3 Shares     1,826      4,206,336      1,367,186 
Class I Shares     1,882      17,118,775      6,588,859 
Class P Shares           770      1,555 
Class R2 Shares           18,773      70,628 
Class R3 Shares     6,461      383,942      260,300 
Class R4 Shares     667      149,554      126,296 
Class R5 Shares     667      21,029      87,650 
Class R6 Shares     96,502      2,378,607      705,895 
Net Asset Value, offering and redemption price per share (Net assets divided by outstanding shares):*                     
Class A Shares-Net asset value     $21.42      $20.10      $24.57 
Class A Shares-Maximum offering price (Net asset value plus sales charge of 5.75%, 5.75%, 5.75%, 5.75%, 5.75% and 5.75%, respectively)     $22.73      $21.33      $26.07 
Class C Shares-Net asset value     $20.39      $20.19      $22.64 
Class F Shares-Net asset value     $21.74      $20.02      $24.36 
Class F3 Shares-Net asset value     $21.76      $20.49      $25.68 
Class I Shares-Net asset value     $21.65      $20.39      $25.44 
Class P Shares-Net asset value     $       –      $20.18      $25.43 
Class R2 Shares-Net asset value     $       –      $20.13      $24.11 
Class R3 Shares-Net asset value     $21.07      $19.74      $24.04 
Class R4 Shares-Net asset value     $21.41      $19.96      $24.43 
Class R5 Shares-Net asset value     $21.65      $20.22      $25.43 
Class R6 Shares-Net asset value     $21.77      $20.48      $25.69 

 

* Net asset value may not recalculate due to rounding of fractional shares.

 

52 See Notes to Financial Statements.
 
International
Value Fund
   Micro Cap
Growth Fund
   Value
Opportunities
Fund
 
                   
  $264,783,141     $27,959,424     $547,999,974 
  $3,219,801     $4,808,688     $9,605,814 
  $5,583,606     $4,423,604     $17,828,659 
  $54,494,353     $     $182,964,509 
  $178,084,303     $166,417,107     $295,782,965 
  $     $     $9,437,800 
  $88,885     $     $3,172,959 
  $6,668,353     $     $23,324,673 
  $36,116     $     $26,823,072 
  $16,976     $     $1,566,879 
  $1,907,676     $     $15,124,241 
                   
   23,642,539      1,235,616      27,693,859 
   289,505      181,128      643,098 
   493,971      157,398      865,923 
   4,805,776            8,474,855 
   15,739,762      5,922,235      13,921,495 
               497,487 
   7,718            175,878 
   587,776            1,257,042 
   3,224            1,358,174 
   1,507            73,667 
   168,212            701,265 
                   
   $11.20      $22.63      $19.79 
                   
   $11.88      $24.01      $21.00 
   $11.12      $26.55      $14.94 
   $11.30      $28.10      $20.59 
   $11.34      $       –      $21.59 
   $11.31      $28.10      $21.25 
   $       –      $       –      $18.97 
   $11.52      $       –      $18.04 
   $11.35      $       –      $18.56 
   $11.20      $       –      $19.75 
   $11.27      $       –      $21.27 
   $11.34      $       –      $21.57 

 

  See Notes to Financial Statements. 53
 

Statements of Operations (unaudited)

For the Six Months Ended April 30, 2026

 

   Alpha
Strategy Fund
   Focused
Growth Fund
   Focused
Large Cap
Value Fund
 
Investment income:                     
Dividends (net of foreign withholding taxes of $0, $0, $55,109, $0, $499,300, $140,869 and $0, respectively)    $     $140,511     $844,296 
Dividend income from affiliated funds (See Note 10)     3,211,322             
Securities lending net income           2      97 
Interest and other     3,576      80,737      33,706 
Total investment income     3,214,898      221,250      878,099 
Expenses:                     
Management fee     307,273      504,064      322,739 
12b-1 distribution plan–Class A     485,509      51,709      22,449 
12b-1 distribution plan–Class C     43,579      31,681      22,241 
12b-1 distribution plan–Class F     3,922      2,672      268 
12b-1 distribution plan–Class P                  
12b-1 distribution plan–Class R2     2,895             
12b-1 distribution plan–Class R3     41,057      493      513 
12b-1 distribution plan–Class R4     5,378      34      13 
Shareholder servicing     268,123      80,936      41,645 
Fund administration     122,909      31,019      21,881 
Registration     68,958      87,640      59,316 
Reports to shareholders     30,366      10,531      11,033 
Professional     17,912      20,712      20,230 
Trustees’ fees     8,234      2,166      1,171 
Custody     4,202      2,862      6,010 
Other     8,589      11,931      6,725 
Gross expenses     1,418,906      838,450      536,234 
Fees waived and expenses reimbursed (See Note 3)     (311,477)     (139,616)     (103,307)
Net expenses     1,107,429      698,834      432,927 
Net investment income (loss)     2,107,469      (477,584)     445,172 
Net realized and unrealized gain/(loss):                     
Capital gain distributions received from affiliate funds     14,212,462             
Net realized gain/(loss) on affiliate funds     8,675,503             
Net realized gain/(loss) on investments           2,368,153      (727,412)
Net realized gain/(loss) on foreign capital gains taxes                  
Net realized gain/(loss) on foreign currency related transactions                 3,788 
Net change in unrealized appreciation/(depreciation) on affiliated funds     59,498,539             

 

54 See Notes to Financial Statements.
 
Focused
Small Cap
Value Fund
     Fundamental
Equity Fund
     Global
Equity Fund
     Growth
Leaders Fund
 
                          
  $621,926     $17,740,069     $2,886,090     $7,457,395 
                          
                      
   157      522      4,298      2,696 
   10,242      320,076      141,099      2,292,700 
   632,325      18,060,667      3,031,487      9,752,791 
                          
   355,650      5,797,381      811,331      18,914,808 
   13,810      1,679,561      59,070      3,170,361 
   8,878      105,164      15,557      2,501,997 
   799      14,743      270      159,324 
         6,900             
         2,246            7,126 
         162,450      2,411      68,275 
         3,928      31      17,594 
   20,721      715,231      150,449      2,514,896 
   17,783      426,103      72,118      1,473,513 
   46,788      90,027      104,657      113,908 
   10,110      44,382      15,608      172,446 
   21,623      32,849      28,508      55,607 
   1,185      28,208      4,476      104,640 
   4,217      47,303      56,515      34,107 
   12,092      79,568      17,339      102,474 
   513,656      9,236,044      1,338,340      29,411,076 
   (33,856)     (47,320)     (123,550)     (193,457)
   479,800      9,188,724      1,214,790      29,217,619 
   152,525      8,871,943      1,816,697      (19,464,828)
                          
                      
                      
   2,097,297      154,265,808      (6,173,801)     611,312,833 
               8,173       
                          
   (53)     176      (29,916)      
                          
                      

 

  See Notes to Financial Statements. 55
 

Statements of Operations (unaudited)(continued)

For the Six Months Ended April 30, 2026

 

 Alpha
Strategy Fund
 Focused
Growth Fund
 Focused
Large Cap
Value Fund
 
Net realized and unrealized gain/(loss):                                     
Net change in unrealized appreciation/(depreciation) on investments       (10,348,716)   5,956,212 
Net change in unrealized appreciation/(depreciation) on translation of assets and liabilities denominated in foreign currencies           1,465 
Net realized and unrealized gain/(loss)   82,386,504    (7,980,563)   5,234,053 
Net Increase (Decrease) in Net Assets Resulting From Operations  $84,493,973    $(8,458,147)   $5,679,225 

 

56 See Notes to Financial Statements.
 
 
Focused
Small Cap
Value Fund
   Fundamental
Equity Fund
   Global
Equity Fund
   Growth
Leaders Fund
 
                                                                                            
 12,139,605    30,179,512    30,390,649    (960,960,813)
                  
 2    9,087    8,990     
 14,236,851    184,454,583    24,204,095    (349,647,980)
                  
 $14,389,376    $193,326,526    $26,020,792    $(369,112,808)

 

  See Notes to Financial Statements. 57
 
 

Statements of Operations (unaudited)(concluded)

For the Six Months Ended April 30, 2026

 

 Health Care
Fund
 International
Equity Fund
 International
Opportunities
Fund
 
Investment income:               
Dividends (net of foreign withholding taxes of $774, $670,210, $284,643, $576,254, $0 and $31,067, respectively)             $22,185              $6,353,684               $2,696,574 
Securities lending net income   33    7,121    12,943 
Interest and other (net of foreign withholding taxes of $0, $3, $0, $1, $0 and $0, respectively)   2,193    305,348    177,569 
Total investment income   24,411    6,666,153    2,887,086 
Expenses:               
Management fee   26,427    1,345,877    1,217,361 
12b-1 distribution plan–Class A   5,657    247,146    125,266 
12b-1 distribution plan–Class C   6,910    12,141    9,463 
12b-1 distribution plan–Class F   67    3,814    1,303 
12b-1 distribution plan–Class P       34    80 
12b-1 distribution plan–Class R2       990    4,628 
12b-1 distribution plan–Class R3   345    17,252    13,466 
12b-1 distribution plan–Class R4   18    3,493    3,561 
Registration   58,416    90,509    74,482 
Professional   25,340    37,945    35,172 
Reports to shareholders   3,931    24,785    19,670 
Custody   3,846    91,421    33,764 
Shareholder servicing   3,714    168,405    118,430 
Fund administration   1,705    119,633    64,926 
Trustees’ fees   239    7,065    4,324 
Other   6,011    36,116    41,547 
Gross expenses   142,626    2,206,626    1,767,443 
Fees waived and expenses reimbursed (See Note 3)   (97,586)   (91,430)   (33,828)
Net expenses   45,040    2,115,196    1,733,615 
Net investment income (loss)   (20,629)   4,550,957    1,153,471 
Net realized and unrealized gain/(loss):               
Net realized gain/(loss) on investments   610,648    7,635,650    22,276,154 
Net realized gain/(loss) on foreign currency related transactions   58    (138,454)   (23,818)
Net change in unrealized appreciation/(depreciation) on investments   (572,523)   74,008,103    21,194,259 
Net change in unrealized appreciation/(depreciation) on deferred foreign capital gains taxes       185,984     
Net change in unrealized appreciation/(depreciation) on translation of assets and liabilities denominated in foreign currencies   (2)   42,186    48,334 
Net realized and unrealized gain/(loss)   38,181    81,733,469    43,494,929 
Net Increase in Net Assets Resulting From Operations  $17,552   $86,284,426   $44,648,400 

 

58 See Notes to Financial Statements.
 
 
International
Value Fund
   Micro Cap
Growth Fund
   Value
Opportunities
Fund
 
                                                                   
$7,247,882   $72,362   $7,247,511 
 12,866    76,061    1,792 
             
 227,658    48,724    97,824 
 7,488,406    197,147    7,347,127 
             
 1,233,132    854,088    4,063,035 
 317,806    32,789    661,292 
 12,381    23,247    50,316 
 2,750    2,271    9,587 
         20,488 
 254        9,183 
 15,226        55,601 
 200        32,130 
 56,110    28,489    76,784 
 35,529    25,003    28,747 
 17,987    11,975    60,757 
 50,819    5,495    22,973 
 162,363    81,078    442,048 
 98,651    37,960    218,005 
 6,384    2,621    14,812 
 43,968    17,357    70,269 
 2,053,560    1,122,373    5,836,027 
 (50,820)   (7,786)   (22,992)
 2,002,740    1,114,587    5,813,035 
 5,485,666    (917,440)   1,534,092 
             
 44,027,286    20,088,008    27,706,919 
             
 (50,662)        
             
 17,037,849    2,458,908    107,559,720 
             
          
             
 112,840         
 61,127,313    22,546,916    135,266,639 
             
$66,612,979   $21,629,476   $136,800,731 

 

  See Notes to Financial Statements. 59
 
 

Statements of Changes in Net Assets

 

   Alpha Strategy Fund
INCREASE (DECREASE) IN NET ASSETS  For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
Operations:                                  
Net investment income (loss)  $2,107,469   $942,044 
Net realized gain/(loss)   22,887,965    33,887,340 
Net change in unrealized appreciation/(depreciation)   59,498,539    17,809,629 
Net increase (decrease) in net assets resulting from operations   84,493,973    52,639,013 
Distributions to Shareholders:          
Class A   (19,394,283)   (3,187,702)
Class C   (613,563)   (104,263)
Class F   (386,214)   (81,994)
Class F3   (2,915,063)   (558,404)
Class I   (5,757,143)   (1,176,137)
Class R2   (50,990)   (6,609)
Class R3   (871,634)   (123,862)
Class R4   (214,512)   (28,564)
Class R5   (21,464)   (3,711)
Class R6   (210,750)   (44,159)
Total distribution to shareholders   (30,435,616)   (5,315,405)
Capital share transactions (See Note 13):          
Net proceeds from sales of shares   30,058,872    40,058,938 
Reinvestment of distributions   27,238,050    4,721,996 
Cost of shares reacquired   (59,646,797)   (105,709,802)
Net increase (decrease) in net assets resulting from capital share transactions   (2,349,875)   (60,928,868)
Net increase (decrease) in net assets   51,708,482    (13,605,260)
NET ASSETS:          
Beginning of period  $613,116,757   $626,722,017 
End of period  $664,825,239   $613,116,757 

 

60 See Notes to Financial Statements.
 
 
Focused Growth Fund  Focused Large Cap Value Fund
For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
   For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
              
$(477,584)  $(743,740)  $445,172   $276,510 
 2,368,153    4,310,277    (723,624)   110,575 
 (10,348,716)   34,927,398    5,957,677    4,921,905 
                  
 (8,458,147)   38,493,935    5,679,225    5,308,990 
                  
         (81,003)   (244,257)
         (8,446)   (27,214)
         (2,971)   (3,812)
         (99)   (281)
         (428,223)   (345,713)
              
         (523)   (2,676)
         (47)   (180)
         (72)   (203)
         (20,280)   (51,587)
         (541,664)   (675,923)
                  
 39,192,003    129,023,148    86,733,667    54,281,919 
         520,816    627,008 
 (48,051,855)   (52,078,513)   (27,224,526)   (8,288,752)
                  
 (8,859,852)   76,944,635    60,029,957    46,620,175 
 (17,317,999)   115,438,570    65,167,518    51,253,242 
                  
$180,018,172   $64,579,602   $83,138,145   $31,884,903 
$162,700,173   $180,018,172   $148,305,663   $83,138,145 

 

  See Notes to Financial Statements. 61
 
 

Statements of Changes in Net Assets (continued)

 

   Focused Small Cap Value Fund
INCREASE (DECREASE) IN NET ASSETS  For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
Operations:          
Net investment income             $152,525   $220,889 
Net realized gain/(loss)   2,097,244    3,933,230 
Net change in unrealized appreciation/(depreciation)   12,139,607    (4,611,642)
Net increase (decrease) in net assets resulting from operations   14,389,376    (457,523)
Distributions to Shareholders:          
Class A   (505,408)   (902,663)
Class C   (84,412)   (171,335)
Class F   (84,351)   (136,937)
Class F3   (553)   (853)
Class I   (3,046,966)   (5,039,462)
Class P        
Class R2        
Class R3        
Class R4        
Class R5   (678)   (1,037)
Class R6   (169,229)   (352,265)
Total distribution to shareholders   (3,891,597)   (6,604,552)
Capital share transactions (See Note 13):          
Net proceeds from sales of shares   2,195,730    3,538,348 
Reinvestment of distributions   3,639,940    6,107,198 
Cost of shares reacquired   (6,741,132)   (16,720,147)
Net increase (decrease) in net assets resulting from capital share transactions   (905,462)   (7,074,601)
Net increase (decrease) in net assets   9,592,317    (14,136,676)
NET ASSETS:          
Beginning of period  $86,141,375   $100,278,051 
End of period  $95,733,692   $86,141,375 

 

62 See Notes to Financial Statements.
 
Fundamental Equity Fund   Global Equity Fund
For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
   For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
                          
  $8,871,943     $14,514,792     $1,816,697     $2,260,365 
   154,265,984      163,411,261      (6,195,544)     (6,410,558)
   30,188,599      81,850,360      30,399,639      40,288,501 
                          
   193,326,526      259,776,413      26,020,792      36,138,308 
                          
   (100,990,068)     (85,350,973)     (275,221)     (32,766)
   (1,779,744)     (1,561,810)     (6,964)      
   (2,274,093)     (1,738,414)     (1,604)     (7,704)
   (2,489,974)     (1,490,781)     (356,334)     (3,267)
   (44,949,712)     (33,577,759)     (1,797,927)     (411,525)
   (229,065)     (201,904)            
   (52,179)     (133,317)            
   (4,853,871)     (4,238,696)     (2,939)     (1,335)
   (340,412)     (282,392)     (123)     (76)
   (79,245)     (77,635)     (166)     (122)
   (1,069,069)     (723,146)     (47,297)     (35,282)
   (159,107,432)     (129,376,827)     (2,488,575)     (492,077)
                          
   115,334,180      207,541,580      111,031,267      347,534,305 
   154,239,167      125,201,279      2,466,001      467,028 
   (172,066,301)     (345,529,935)     (79,123,797)     (105,480,263)
                          
   97,507,046      (12,787,076)     34,373,471      242,521,070 
   131,726,140      117,612,510      57,905,688      278,167,301 
                          
  $2,079,113,663     $1,961,501,153     $336,009,232     $57,841,931 
  $2,210,839,803     $2,079,113,663     $393,914,920     $336,009,232 

 

  See Notes to Financial Statements. 63
 

Statements of Changes in Net Assets (continued)

 

   Growth Leaders Fund
INCREASE (DECREASE) IN NET ASSETS  For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
Operations:          
Net investment income (loss)       $(19,464,828)  $(35,081,649)
Net realized gain/(loss)   611,312,833    888,312,389 
Net change in unrealized appreciation/(depreciation)   (960,960,813)   1,462,665,216 
Net increase (decrease) in net assets resulting from operations   (369,112,808)   2,315,895,956 
Distributions to Shareholders:          
Class A   (54,497,215)    
Class C   (12,937,047)    
Class F   (6,984,188)    
Class F3   (11,636,468)    
Class I   (66,735,257)    
Class P        
Class R2   (52,692)    
Class R3   (599,615)    
Class R4   (315,512)    
Class R5   (213,552)    
Class R6   (2,891,313)    
Total distribution to shareholders   (156,862,859)    
Capital share transactions (See Note 13):          
Net proceeds from sales of shares   516,409,129    1,318,764,417 
Reinvestment of distributions   146,648,165     
Cost of shares reacquired   (922,725,145)   (1,806,110,357)
Net increase (decrease) in net assets resulting from capital share transactions   (259,667,851)   (487,345,940)
Net increase (decrease) in net assets   (785,643,518)   1,828,550,016 
NET ASSETS:          
Beginning of period  $8,334,984,395   $6,506,434,379 
End of period  $7,549,340,877   $8,334,984,395 

 

64 See Notes to Financial Statements.
 
Health Care Fund   International Equity Fund
For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
   For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
                          
  $(20,629)    $(38,239)    $4,550,957     $6,249,111 
   610,706      284,973      7,497,196      19,631,203 
   (572,525)     387,242      74,236,273      60,295,450 
                          
   17,552      633,976      86,284,426      86,175,764 
                          
   (7,007)     (13,824)     (9,368,030)     (6,121,012)
               (94,124)     (38,413)
   (343)     (839)     (375,668)     (179,949)
   (153)     (200)     (3,213,622)     (887,082)
   (160)     (238)     (11,613,346)     (5,933,310)
               (727)     (480)
               (14,460)     (8,310)
         (196)     (319,805)     (218,383)
   (24)     (41)     (135,840)     (90,407)
   (57)     (73)     (14,089)     (7,976)
   (8,729)     (13,574)     (2,174,565)     (190,397)
   (16,473)     (28,985)     (27,324,276)     (13,675,719)
                          
   144,108      567,617      223,551,018      150,762,104 
   7,645      14,967      26,930,592      13,402,131 
   (486,221)     (1,300,683)     (88,358,378)     (71,263,614)
                          
   (334,468)     (718,099)     162,123,232      92,900,621 
   (333,389)     (113,108)     221,083,382      165,400,666 
                          
  $8,451,945     $8,565,053     $500,838,825     $335,438,159 
  $8,118,556     $8,451,945     $721,922,207     $500,838,825 

 

  See Notes to Financial Statements. 65
 

Statements of Changes in Net Assets (continued)

 

   International Opportunities Fund
INCREASE (DECREASE) IN NET ASSETS  For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
Operations:          
Net investment income (loss)       $1,153,471   $5,665,260 
Net realized gain/(loss)   22,252,336    17,095,424 
Net change in unrealized appreciation/(depreciation)   21,242,593    27,203,750 
Net increase in net assets resulting from operations   44,648,400    49,964,434 
Distributions to Shareholders:          
Class A   (1,530,479)   (1,626,078)
Class C   (15,064)   (31,694)
Class F   (41,731)   (50,811)
Class F3   (565,013)   (596,220)
Class I   (2,670,125)   (3,037,357)
Class P   (461)   (424)
Class R2   (15,914)   (23,031)
Class R3   (68,221)   (74,379)
Class R4   (44,545)   (49,304)
Class R5   (40,281)   (41,670)
Class R6   (317,400)   (338,365)
Total distribution to shareholders   (5,309,234)   (5,869,333)
Capital share transactions (See Note 13):          
Net proceeds from sales of shares   16,318,935    26,346,211 
Reinvestment of distributions   5,186,160    5,703,198 
Cost of shares reacquired   (31,311,725)   (69,652,059)
Net decrease in net assets resulting from capital share transactions   (9,806,630)   (37,602,650)
Net increase (decrease) in net assets   29,532,536    6,492,451 
NET ASSETS:          
Beginning of period  $317,906,486   $311,414,035 
End of period  $347,439,022   $317,906,486 

 

66 See Notes to Financial Statements.
 
International Value Fund   Micro Cap Growth Fund
For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
   For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
                          
  $5,485,666     $13,950,218     $(917,440)    $(1,659,751)
   43,976,624      55,620,941      20,088,008      21,324,771 
   17,150,689      32,176,738      2,458,908      19,428,196 
                          
   66,612,979      101,747,897      21,629,476      39,093,216 
                          
   (1,957,110)     (7,010,457)            
   (11,893)     (42,660)            
   (46,088)     (161,901)            
   (448,064)     (1,325,030)            
   (1,518,323)     (5,157,325)     (12,502)      
                      
   (479)     (1,846)            
   (39,897)     (148,337)            
   (578)     (5,182)            
   (144)     (461)            
   (15,909)     (57,766)            
   (4,038,485)     (13,910,965)     (12,502)      
                          
   23,680,723      40,658,132      3,700,864      11,635,651 
   3,997,878      13,725,855      9,605       
   (43,545,455)     (80,523,904)     (28,722,008)     (38,414,354)
                          
   (15,866,854)     (26,139,917)     (25,011,539)     (26,778,703)
   46,707,640      61,697,015      (3,394,565)     12,314,513 
                          
  $468,175,570     $406,478,555     $207,003,388     $194,688,875 
  $514,883,210     $468,175,570     $203,608,823     $207,003,388 

 

  See Notes to Financial Statements. 67
 

Statements of Changes in Net Assets (concluded)

 

   Value Opportunities Fund
INCREASE (DECREASE) IN NET ASSETS  For the
Six Months Ended
April 30, 2026
(unaudited)
   For the
Year Ended
October 31, 2025
 
Operations:          
Net investment income       $1,534,092   $4,051,577 
Net realized gain/(loss)   27,706,919    64,089,270 
Net change in unrealized appreciation/(depreciation)   107,559,720    (99,070,441)
Net increase (decrease) in net assets resulting from operations   136,800,731    (30,929,594)
Distributions to Shareholders:          
Class A   (31,178,811)   (40,165,917)
Class C   (771,378)   (1,786,104)
Class F   (1,157,257)   (1,816,615)
Class F3   (9,889,957)   (11,928,386)
Class I   (15,696,481)   (23,910,114)
Class P   (535,464)   (723,745)
Class R2   (188,934)   (257,567)
Class R3   (1,347,046)   (1,995,262)
Class R4   (1,495,948)   (1,844,696)
Class R5   (80,929)   (84,583)
Class R6   (931,009)   (1,526,294)
Total distribution to shareholders   (63,273,214)   (86,039,283)
Capital share transactions (See Note 13):          
Net proceeds from sales of shares   30,104,521    69,927,740 
Reinvestment of distributions   62,059,322    84,449,905 
Cost of shares reacquired   (117,304,990)   (313,729,617)
Net decrease in net assets resulting from capital share transactions   (25,141,147)   (159,351,972)
Net increase (decrease) in net assets   48,386,370    (276,320,849)
NET ASSETS:          
Beginning of period  $1,085,245,175   $1,361,566,024 
End of period  $1,133,631,545   $1,085,245,175 

 

68 See Notes to Financial Statements.
 

This page is intentionally left blank.

 

69

 

Financial Highlights

ALPHA STRATEGY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(b)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                   
4/30/2026(d)  $28.04   $0.09   $3.75   $3.84   $   $(1.42)  $(1.42)
10/31/2025   25.90    0.03    2.32    2.35    (0.03)   (0.18)   (0.21)
10/31/2024   19.58    0.01    6.42    6.43    (0.02)   (0.09)   (0.11)
10/31/2023   21.82    0.06    (0.89)   (0.83)   (0.07)   (1.34)   (1.41)
10/31/2022   30.39    0.06    (7.10)   (7.04)   (0.41)   (1.12)   (1.53)
10/31/2021   22.60    (0.02)   9.90    9.88    (0.36)   (1.73)   (2.09)
Class C                                   
4/30/2026(d)   20.46    (0.01)   2.68    2.67        (1.42)   (1.42)
10/31/2025   19.07    (0.12)   1.69    1.57        (0.18)   (0.18)
10/31/2024   14.53    (0.11)   4.74    4.63        (0.09)   (0.09)
10/31/2023   16.60    (0.04)   (0.69)   (0.73)       (1.34)   (1.34)
10/31/2022   23.47    (0.08)   (5.45)   (5.53)   (0.22)   (1.12)   (1.34)
10/31/2021   17.82    (0.17)   7.74    7.57    (0.19)   (1.73)   (1.92)
Class F                                   
4/30/2026(d)   28.47    0.11    3.81    3.92        (1.42)   (1.42)
10/31/2025   26.30    0.07    2.35    2.42    (0.07)   (0.18)   (0.25)
10/31/2024   19.87    0.06    6.50    6.56    (0.04)   (0.09)   (0.13)
10/31/2023   22.09    0.16    (0.97)   (0.81)   (0.07)   (1.34)   (1.41)
10/31/2022   30.73    0.20    (7.27)   (7.07)   (0.45)   (1.12)   (1.57)
10/31/2021   22.82    0.03    10.01    10.04    (0.40)   (1.73)   (2.13)
Class F3                                   
4/30/2026(d)   29.50    0.14    3.96    4.10        (1.42)   (1.42)
10/31/2025   27.22    0.11    2.44    2.55    (0.09)   (0.18)   (0.27)
10/31/2024   20.56    0.10    6.73    6.83    (0.08)   (0.09)   (0.17)
10/31/2023   22.83    0.13    (0.92)   (0.79)   (0.14)   (1.34)   (1.48)
10/31/2022   31.70    0.14    (7.40)   (7.26)   (0.49)   (1.12)   (1.61)
10/31/2021   23.47    0.07    10.32    10.39    (0.43)   (1.73)   (2.16)
Class I                                   
4/30/2026(d)   29.27    0.13    3.93    4.06        (1.42)   (1.42)
10/31/2025   27.03    0.09    2.42    2.51    (0.09)   (0.18)   (0.27)
10/31/2024   20.43    0.07    6.70    6.77    (0.08)   (0.09)   (0.17)
10/31/2023   22.71    0.11    (0.92)   (0.81)   (0.13)   (1.34)   (1.47)
10/31/2022   31.56    0.04    (7.28)   (7.24)   (0.49)   (1.12)   (1.61)
10/31/2021   23.39    0.05    10.27    10.32    (0.42)   (1.73)   (2.15)
Class R2                                   
4/30/2026(d)   26.29    0.03    3.51    3.54        (1.42)   (1.42)
10/31/2025   24.36    (0.07)   2.18    2.11        (0.18)   (0.18)
10/31/2024   18.47    (0.06)   6.04    5.98        (0.09)   (0.09)
10/31/2023   20.66    (0.02)   (0.83)   (0.85)   (g)    (1.34)   (1.34)
10/31/2022   28.80    (0.02)   (6.73)   (6.75)   (0.27)   (1.12)   (1.39)
10/31/2021   21.52    (0.09)   9.40    9.31    (0.30)   (1.73)   (2.03)

 

70 See Notes to Financial Statements.
 
      Ratios to Average Net Assets:(a)  Supplemental Data:
          
Net
asset
value,
end of
period
  Total
return(c)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                 
 $30.46    14.28(e)    0.43(f)    0.53(f)    0.62(f)   $418,055    3(e) 
 28.04    9.13    0.44    0.54    0.10    390,466    4 
 25.90    32.90    0.44    0.54    0.04    407,896    1 
 19.58    (3.99)   0.43    0.54    0.29    342,756    4 
 21.82    (24.25)   0.44    0.54    0.25    420,589    8 
 30.39    45.31    0.41    0.52    (0.06)   542,197    7 
                                 
 21.71    13.88(e)    1.18(f)    1.28(f)    (0.11)(f)    8,866    3(e) 
 20.46    8.26    1.19    1.29    (0.61)   8,957    4 
 19.07    31.93    1.19    1.29    (0.62)   11,170    1 
 14.53    (4.70)   1.18    1.29    (0.25)   13,823    4 
 16.60    (24.81)   1.19    1.29    (0.40)   30,206    8 
 23.47    44.16    1.16    1.26    (0.77)   56,365    7 
                                 
 30.97    14.35(e)    0.28(f)    0.38(f)    0.78(f)    8,276    3(e) 
 28.47    9.27    0.29    0.39    0.27    7,995    4 
 26.30    33.08    0.29    0.39    0.24    8,846    1 
 19.87    (3.85)   0.28    0.39    0.75    9,142    4 
 22.09    (24.10)   0.28    0.39    0.76    27,275    8 
 30.73    45.53    0.26    0.37    0.09    144,742    7 
                                 
 32.18    14.46(e)    0.10(f)    0.20(f)    0.93(f)    69,389    3(e) 
 29.50    9.48    0.10    0.20    0.41    60,386    4 
 27.22    33.32    0.10    0.20    0.38    56,478    1 
 20.56    (3.65)   0.09    0.20    0.57    46,724    4 
 22.83    (23.98)   0.09    0.19    0.57    50,046    8 
 31.70    45.81    0.08    0.18    0.25    56,369    7 
                                 
 31.91    14.44(e)    0.18(f)    0.28(f)    0.86(f)    132,473    3(e) 
 29.27    9.39    0.19    0.29    0.34    119,113    4 
 27.03    33.21    0.19    0.29    0.30    116,058    1 
 20.43    (3.74)   0.18    0.29    0.47    95,792    4 
 22.71    (24.04)   0.19    0.29    0.18    101,366    8 
 31.56    45.64    0.16    0.27    0.18    43,112    7 
                                 
 28.41    14.13(e)    0.78(f)    0.88(f)    0.25(f)    1,048    3(e) 
 26.29    8.69    0.79    0.89    (0.27)   937    4 
 24.36    32.43    0.79    0.89    (0.28)   863    1 
 18.47    (4.32)   0.78    0.89    (0.09)   812    4 
 20.66    (24.50)   0.79    0.89    (0.09)   928    8 
 28.80    44.78    0.76    0.86    (0.34)   1,433    7 

 

  See Notes to Financial Statements. 71
 

Financial Highlights (concluded)

ALPHA STRATEGY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(b)
  Net
realized
and
unrealized
gain (loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R3                                   
4/30/2026(d)  $26.62   $0.05   $3.55   $3.60   $   $(1.42)  $(1.42)
10/31/2025   24.64    (0.04)   2.20    2.16        (0.18)   (0.18)
10/31/2024   18.66    (0.04)   6.11    6.07        (0.09)   (0.09)
10/31/2023   20.85    (g)    (0.84)   (0.84)   (0.01)   (1.34)   (1.35)
10/31/2022   29.09    0.01    (6.80)   (6.79)   (0.33)   (1.12)   (1.45)
10/31/2021   21.70    (0.08)   9.50    9.42    (0.30)   (1.73)   (2.03)
Class R4                                   
4/30/2026(d)   27.95    0.08    3.75    3.83        (1.42)   (1.42)
10/31/2025   25.82    0.02    2.31    2.33    (0.02)   (0.18)   (0.20)
10/31/2024   19.52    (g)    6.40    6.40    (0.01)   (0.09)   (0.10)
10/31/2023   21.76    0.06    (0.88)   (0.82)   (0.08)   (1.34)   (1.42)
10/31/2022   30.30    0.05    (7.06)   (7.01)   (0.41)   (1.12)   (1.53)
10/31/2021   22.54    (0.01)   9.86    9.85    (0.36)   (1.73)   (2.09)
Class R5                                   
4/30/2026(d)   29.28    0.12    3.94    4.06        (1.42)   (1.42)
10/31/2025   27.04    0.08    2.43    2.51    (0.09)   (0.18)   (0.27)
10/31/2024   20.44    0.08    6.69    6.77    (0.08)   (0.09)   (0.17)
10/31/2023   22.72    0.09    (0.90)   (0.81)   (0.13)   (1.34)   (1.47)
10/31/2022   31.57    0.13    (7.37)   (7.24)   (0.49)   (1.12)   (1.61)
10/31/2021   23.40    0.10    10.22    10.32    (0.42)   (1.73)   (2.15)
Class R6                                   
4/30/2026(d)   29.51    0.14    3.96    4.10        (1.42)   (1.42)
10/31/2025   27.23    0.12    2.43    2.55    (0.09)   (0.18)   (0.27)
10/31/2024   20.56    0.09    6.75    6.84    (0.08)   (0.09)   (0.17)
10/31/2023   22.84    0.14    (0.94)   (0.80)   (0.14)   (1.34)   (1.48)
10/31/2022   31.71    0.16    (7.42)   (7.26)   (0.49)   (1.12)   (1.61)
10/31/2021   23.48    0.08    10.31    10.39    (0.43)   (1.73)   (2.16)

 

(a) Does not include expenses of the affiliated funds in which the Fund invests.
(b) Calculated using average shares outstanding during the period.
(c) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(d) Unaudited.
(e) Not annualized.
(f) Annualized.
(g) Amount is less than $0.01.

 

72 See Notes to Financial Statements.
 
      Ratios to Average Net Assets:(a)  Supplemental Data:
          
Net
asset
value,
end of
period
  Total
return(c)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                 
 $28.80    14.14(e)    0.68(f)    0.78(f)    0.37(f)    $17,624    3(e) 
 26.62    8.83    0.69    0.79    (0.14)   16,250    4 
 24.64    32.58    0.69    0.79    (0.18)   16,802    1 
 18.66    (4.24)   0.68    0.79    (0.02)   15,526    4 
 20.85    (24.41)   0.69    0.79    0.04    17,366    8 
 29.09    44.95    0.66    0.76    (0.30)   25,883    7 
                                 
 30.36    14.29(e)    0.43(f)    0.53(f)    0.60(f)    4,581    3(e) 
 27.95    9.12    0.44    0.54    0.06    4,225    4 
 25.82    32.87    0.44    0.54    0.02    3,874    1 
 19.52    (3.98)   0.43    0.54    0.28    3,150    4 
 21.76    (24.23)   0.44    0.54    0.21    3,859    8 
 30.30    45.25    0.41    0.52    (0.04)   4,621    7 
                                 
 31.92    14.43(e)    0.18(f)    0.28(f)    0.85(f)    498    3(e) 
 29.28    9.38    0.19    0.29    0.30    440    4 
 27.04    33.20    0.19    0.29    0.33    364    1 
 20.44    (3.74)   0.18    0.29    0.38    551    4 
 22.72    (24.04)   0.19    0.29    0.53    376    8 
 31.57    45.65    0.16    0.27    0.33    518    7 
                                 
 32.19    14.46(e)    0.10(f)    0.20(f)    0.98(f)    4,015    3(e) 
 29.51    9.47    0.10    0.20    0.44    4,349    4 
 27.23    33.37    0.10    0.20    0.36    4,370    1 
 20.56    (3.69)   0.09    0.20    0.61    3,380    4 
 22.84    (23.97)   0.09    0.19    0.62    3,762    8 
 31.71    45.79    0.08    0.18    0.28    5,386    7 

 

  See Notes to Financial Statements. 73
 

Financial Highlights

FOCUSED GROWTH FUND

 

      Per Share Operating Performance:        
      Investment Operations:  Distributions
to
shareholders
from:
   
   Net asset
value,
beginning
of period
  Net
investment
income (loss)(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
realized
gain
  Net asset
value,
end of
period
Class A                              
4/30/2026(c)  $44.44     $(0.15)  $(1.85)  $(2.00)  $   $42.44 
10/31/2025   31.88    (0.30)   12.86    12.56        44.44 
10/31/2024   20.48    (0.21)   11.61    11.40        31.88 
10/31/2023   19.74    (0.15)   0.89    0.74        20.48 
10/31/2022   36.16    (0.17)   (11.38)   (11.55)   (4.87)   19.74 
10/31/2021   26.90    (0.27)   11.39    11.12    (1.86)   36.16 
Class C                              
4/30/2026(c)   42.08    (0.29)   (1.75)   (2.04)       40.04 
10/31/2025   30.42    (0.56)   12.22    11.66        42.08 
10/31/2024   19.68    (0.40)   11.14    10.74        30.42 
10/31/2023   19.12    (0.29)   0.85    0.56        19.68 
10/31/2022   35.41    (0.33)   (11.09)   (11.42)   (4.87)   19.12 
10/31/2021   26.56    (0.50)   11.21    10.71    (1.86)   35.41 
Class F                              
4/30/2026(c)   45.28    (0.11)   (1.88)   (1.99)       43.29 
10/31/2025   32.40    (0.21)   13.09    12.88        45.28 
10/31/2024   20.76    (0.14)   11.78    11.64        32.40 
10/31/2023   19.96    (0.09)   0.89    0.80        20.76 
10/31/2022   36.44    (0.12)   (11.49)   (11.61)   (4.87)   19.96 
10/31/2021   27.03    (0.20)   11.47    11.27    (1.86)   36.44 
Class F3                              
4/30/2026(c)   45.59    (0.09)   (1.89)   (1.98)       43.61 
10/31/2025   32.59    (0.16)   13.16    13.00        45.59 
10/31/2024   20.85    (0.10)   11.84    11.74        32.59 
10/31/2023   20.02    (0.07)   0.90    0.83        20.85 
10/31/2022   36.51    (0.10)   (11.52)   (11.62)   (4.87)   20.02 
10/31/2021   27.06    (0.18)   11.49    11.31    (1.86)   36.51 
Class I                              
4/30/2026(c)   45.30    (0.11)   (1.88)   (1.99)       43.31 
10/31/2025   32.41    (0.21)   13.10    12.89        45.30 
10/31/2024   20.77    (0.14)   11.78    11.64        32.41 
10/31/2023   19.96    (0.09)   0.90    0.81        20.77 
10/31/2022   36.44    (0.11)   (11.50)   (11.61)   (4.87)   19.96 
10/31/2021   27.03    (0.20)   11.47    11.27    (1.86)   36.44 
Class R3                              
4/30/2026(c)   43.66    (0.21)   (1.81)   (2.02)       41.64 
10/31/2025   31.40    (0.39)   12.65    12.26        43.66 
10/31/2024   20.22    (0.27)   11.45    11.18        31.40 
10/31/2023   19.53    (0.21)   0.90    0.69        20.22 
10/31/2022   35.92    (0.23)   (11.29)   (11.52)   (4.87)   19.53 
10/31/2021   26.79    (0.35)   11.34    10.99    (1.86)   35.92 

 

74 See Notes to Financial Statements.
 
   Ratios to Average Net Assets:  Supplemental Data:
       
Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                            
 (4.50)(d)    1.05(e)    1.23(e)    (0.76)(e)   $41,412    75(d) 
 39.40    1.05    1.24    (0.80)   51,177    84 
 55.66    1.05    1.45    (0.75)   26,783    122 
 3.75    1.05    1.70    (0.71)   15,986    169 
 (36.92)   1.05    1.54    (0.71)   14,420    169 
 43.48    1.05    1.49    (0.87)   18,332    166 
                            
 (4.85)(d)    1.80(e)    1.98(e)    (1.52)(e)    6,230    75(d) 
 38.33    1.80    1.98    (1.54)   7,144    84 
 54.57    1.80    2.20    (1.50)   3,368    122 
 2.93    1.80    2.45    (1.46)   2,214    169 
 (37.40)   1.80    2.30    (1.46)   2,289    169 
 42.43    1.80    2.24    (1.62)   2,701    166 
                            
 (4.39)(d)    0.80(e)    1.08(e)    (0.52)(e)    5,661    75(d) 
 39.75    0.80    1.09    (0.55)   5,831    84 
 56.07    0.80    1.31    (0.50)   4,225    122 
 4.01    0.80    1.55    (0.43)   3,536    169 
 (36.79)   0.80    1.37    (0.47)   7,021    169 
 43.85    0.80    1.34    (0.63)   18,621    166 
                            
 (4.34)(d)    0.71(e)    0.87(e)    (0.42)(e)    25    75(d) 
 39.89    0.68    0.92    (0.42)   27    84 
 56.31    0.65    1.32    (0.39)   19    122 
 4.15    0.68    1.29    (0.34)   499    169 
 (36.74)   0.73    1.15    (0.40)   667    169 
 43.95    0.75    1.16    (0.57)   1,217    166 
                            
 (4.39)(d)    0.80(e)    0.98(e)    (0.52)(e)    96,144    75(d) 
 39.77    0.80    0.97    (0.54)   101,892    84 
 56.04    0.80    1.16    (0.49)   21,488    122 
 4.06    0.80    1.44    (0.47)   4,122    169 
 (36.79)   0.80    1.30    (0.47)   4,595    169 
 43.90    0.80    1.24    (0.62)   4,587    166 
                            
 (4.60)(d)    1.30(e)    1.46(e)    (1.03)(e)    177    75(d) 
 39.01    1.30    1.49    (1.05)   291    84 
 55.29    1.30    1.70    (1.00)   259    122 
 3.53    1.28    1.95    (1.01)   155    169 
 (37.11)   1.30    1.81    (0.97)   14    169 
 43.15    1.30    1.73    (1.11)   24    166 

 

  See Notes to Financial Statements. 75
 

Financial Highlights (concluded)

FOCUSED GROWTH FUND

 

      Per Share Operating Performance:   
      Investment Operations:  Distributions
to
shareholders
from:
   
   Net asset
value,
beginning
of period
  Net
investment
income (loss)(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
realized
gain
  Net asset
value,
end of
period
Class R4                              
4/30/2026(c)  $44.46     $(0.15)  $(1.85)  $(2.00)  $    42.46 
10/31/2025   31.90    (0.30)   12.86    12.56        44.46 
10/31/2024   20.49    (0.21)   11.62    11.41        31.90 
10/31/2023   19.75    (0.14)   0.88    0.74        20.49 
10/31/2022   36.18    (0.17)   (11.39)   (11.56)   (4.87)   19.75 
10/31/2021   26.91    (0.27)   11.40    11.13    (1.86)   36.18 
Class R5                              
4/30/2026(c)   45.28    (0.11)   (1.87)   (1.98)       43.30 
10/31/2025   32.41    (0.21)   13.08    12.87        45.28 
10/31/2024   20.76    (0.14)   11.79    11.65        32.41 
10/31/2023   19.96    (0.09)   0.89    0.80        20.76 
10/31/2022   36.44    (0.12)   (11.49)   (11.61)   (4.87)   19.96 
10/31/2021   27.02    (0.20)   11.48    11.28    (1.86)   36.44 
Class R6                              
4/30/2026(c)   45.59    (0.09)   (1.89)   (1.98)       43.61 
10/31/2025   32.59    (0.17)   13.17    13.00        45.59 
10/31/2024   20.85    (0.10)   11.84    11.74        32.59 
10/31/2023   20.02    (0.07)   0.90    0.83        20.85 
10/31/2022   36.51    (0.09)   (11.53)   (11.62)   (4.87)   20.02 
10/31/2021   27.06    (0.18)   11.49    11.31    (1.86)   36.51 

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

76 See Notes to Financial Statements.
 
   Ratios to Average Net Assets:  Supplemental Data:
       
Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                            
 (4.50)(d)    1.05(e)    1.22(e)    (0.77)(e)   $28    75(d) 
 39.37    1.05    1.25    (0.81)   30    84 
 55.69    1.05    1.45    (0.75)   21    122 
 3.75    1.05    1.70    (0.70)   14    169 
 (36.93)   1.05    1.54    (0.71)   13    169 
 43.50    1.05    1.48    (0.86)   24    166 
                            
 (4.37)(d)    0.80(e)    0.98(e)    (0.52)(e)    64    75(d) 
 39.75    0.80    0.99    (0.55)   60    84 
 56.07    0.80    1.20    (0.50)   31    122 
 4.01    0.80    1.44    (0.45)   14    169 
 (36.79)   0.80    1.31    (0.48)   13    169 
 43.90    0.80    1.25    (0.63)   24    166 
                            
 (4.34)(d)    0.71(e)    0.88(e)    (0.43)(e)    12,959    75(d) 
 39.89    0.68    0.92    (0.43)   13,567    84 
 56.31    0.65    1.11    (0.36)   8,385    122 
 4.15    0.68    1.30    (0.34)   4,481    169 
 (36.74)   0.73    1.16    (0.39)   4,740    169 
 43.95    0.75    1.16    (0.57)   6,788    166 

 

  See Notes to Financial Statements. 77
 

Financial Highlights

FOCUSED LARGE CAP VALUE FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
          
   Net asset
value,
beginning
of period
  Net
investment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Return
of
capital
Class A                                   
4/30/2026(c)  $15.02   $0.04   $1.19   $1.23   $(0.04)  $(0.30)  $ 
10/31/2025   13.35    0.08    1.86    1.94    (0.09)   (0.18)    
10/31/2024   9.58    0.09    3.68    3.77             
10/31/2023   13.58    0.08    0.17(f)    0.25    (1.42)       (2.83)
10/31/2022   19.04    0.16    (1.34)   (1.18)   (0.35)   (3.93)    
10/31/2021   12.95    0.38    6.68    7.06    (0.16)   (0.81)    
Class C                                   
4/30/2026(c)   14.81    (0.01)   1.16    1.15        (0.30)    
10/31/2025   13.17    (0.03)   1.85    1.82        (0.18)    
10/31/2024   9.52    0.01    3.64    3.65             
10/31/2023   13.49    0.02    0.15(f)    0.17    (1.31)       (2.83)
10/31/2022   18.97    0.06    (1.35)   (1.29)   (0.26)   (3.93)    
10/31/2021   12.87    0.25    6.66    6.91        (0.81)    
Class F                                   
4/30/2026(c)   15.41    0.06    1.21    1.27    (0.06)   (0.30)    
10/31/2025   13.67    0.11    1.92    2.03    (0.11)   (0.18)    
10/31/2024   9.78    0.13    3.76    3.89             
10/31/2023   13.77    0.14    0.14(f)    0.28    (1.44)       (2.83)
10/31/2022   19.22    0.20    (1.36)   (1.16)   (0.36)   (3.93)    
10/31/2021   12.98    0.49    6.64    7.13    (0.08)   (0.81)    
Class F3                                   
4/30/2026(c)   15.16    0.07    1.19    1.26    (0.07)   (0.30)    
10/31/2025   13.46    0.12    1.88    2.00    (0.12)   (0.18)    
10/31/2024   9.63    0.12    3.71    3.83             
10/31/2023   13.64    0.11    0.16(f)    0.27    (1.45)       (2.83)
10/31/2022   19.10    0.20    (1.35)   (1.15)   (0.38)   (3.93)    
10/31/2021   12.98    0.37    6.75    7.12    (0.19)   (0.81)    
Class I                                   
4/30/2026(c)   15.71    0.07    1.22    1.29    (0.07)   (0.30)    
10/31/2025   13.94    0.11    1.96    2.07    (0.12)   (0.18)    
10/31/2024   9.98    0.12    3.84    3.96             
10/31/2023   13.63    0.09    0.18(f)    0.27    (1.09)       (2.83)
10/31/2022   19.10    0.22    (1.38)   (1.16)   (0.38)   (3.93)    
10/31/2021   12.99    0.35    6.76    7.11    (0.19)   (0.81)    
Class R3                                   
4/30/2026(c)   14.95    0.02    1.18    1.20    (g)    (0.30)    
10/31/2025   13.28    0.05    1.85    1.90    (0.05)   (0.18)    
10/31/2024   9.56    0.06    3.66    3.72             
10/31/2023   13.56    0.05    0.18(f)    0.23    (1.40)       (2.83)
10/31/2022   18.99    0.12    (1.33)   (1.21)   (0.29)   (3.93)    
10/31/2021   12.92    0.29    6.71    7.00    (0.12)   (0.81)    

 

78 See Notes to Financial Statements.
 
         Ratios to Average Net Assets:  Supplemental Data:
             
Total
distri-
butions
  Net
asset
value,
end of
period
  Total
return
(%)(b)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                      
$(0.34)  $15.91    6.37(d)    0.96(e)    1.15(e)    0.58(e)   $19,745    35(d) 
 (0.27)   15.02    14.72    0.96    1.51    0.60    15,807    39 
     13.35    39.35    0.96    1.64    0.76    12,028    58 
 (4.25)   9.58    0.59    0.96    1.92    0.84    9,821    61 
 (4.28)   13.58    (8.69)   0.96    1.04    1.12    11,466    100 
 (0.97)   19.04    56.50    0.93    0.93    2.08    7,714    99 
                                      
 (0.30)   15.66    5.98(d)    1.71(e)    1.90(e)    (0.17)(e)    5,307    35(d) 
 (0.18)   14.81    13.86    1.71    2.26    (0.19)   3,627    39 
     13.17    38.34    1.71    2.39    0.04    1,961    58 
 (4.14)   9.52    (0.21)   1.71    2.71    0.20    2,618    61 
 (4.19)   13.49    (9.37)   1.71    1.77    0.40    4,637    100 
 (0.81)   18.97    55.29    1.67    1.67    1.36    3,601    99 
                                      
 (0.36)   16.32    6.50(d)    0.71(e)    1.00(e)    0.80(e)    639    35(d) 
 (0.29)   15.41    15.02    0.71    1.34    0.78    446    39 
     13.67    39.78    0.71    1.50    1.03    181    58 
 (4.27)   9.78    0.81    0.71    1.95    1.34    194    61 
 (4.29)   13.77    (8.48)   0.71    0.86    1.35    1,405    100 
 (0.89)   19.22    56.78    0.68    0.78    2.60    2,394    99 
                                      
 (0.37)   16.05    6.53(d)    0.63(e)    0.81(e)    0.87(e)    15    35(d) 
 (0.30)   15.16    15.07    0.69    1.21    0.86    14    39 
     13.46    39.77    0.67    1.38    1.03    13    58 
 (4.28)   9.63    0.82    0.71    1.61    1.13    9    61 
 (4.31)   13.64    (8.48)   0.70    0.76    1.37    13    100 
 (1.00)   19.10    56.91    0.67    0.67    2.13    18    99 
                                      
 (0.37)   16.63    6.50(d)    0.71(e)    0.89(e)    0.91(e)    119,012    35(d) 
 (0.30)   15.71    15.06    0.71    1.23    0.76    60,102    39 
     13.94    39.68    0.71    1.37    0.93    15,230    58 
 (3.92)   9.98    0.89    0.71    1.56    0.92    4,982    61 
 (4.31)   13.63    (8.55)   0.69    0.69    1.49    243    100 
 (1.00)   19.10    56.79    0.68    0.68    1.99    656,899    99 
                                      
 (0.30)   15.85    6.22(d)    1.21(e)    1.40(e)    0.28(e)    200    35(d) 
 (0.23)   14.95    14.44    1.21    1.76    0.34    200    39 
     13.28    38.91    1.21    1.89    0.52    154    58 
 (4.23)   9.56    0.40    1.21    2.11    0.52    143    61 
 (4.22)   13.56    (8.88)   1.21    1.32    0.86    84    100 
 (0.93)   18.99    56.09    1.15    1.15    1.65    13    99 

 

  See Notes to Financial Statements. 79
 

Financial Highlights (concluded)

FOCUSED LARGE CAP VALUE FUND

 

       Per Share Operating Performance:
       Investment Operations:  Distributions to
shareholders from:
           
   Net asset
value,
beginning
of period
  Net
investment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Return
of
capital
Class R4                                   
4/30/2026(c)  $15.05   $0.04   $1.19   $1.23   $(0.04)  $(0.30)  $ 
10/31/2025   13.37    0.08    1.87    1.95    (0.09)   (0.18)    
10/31/2024   9.60    0.09    3.68    3.77             
10/31/2023   13.59    0.09    0.17(f)    0.26    (1.42)       (2.83)
10/31/2022   19.04    0.16    (1.35)   (1.19)   (0.33)   (3.93)    
10/31/2021   12.95    0.33    6.73    7.06    (0.16)   (0.81)    
Class R5                                   
4/30/2026(c)   15.14    0.06    1.19    1.25    (0.07)   (0.30)    
10/31/2025   13.45    0.12    1.87    1.99    (0.12)   (0.18)    
10/31/2024   9.63    0.12    3.70    3.82             
10/31/2023   13.63    0.12    0.16(f)    0.28    (1.45)       (2.83)
10/31/2022   19.09    0.20    (1.35)   (1.15)   (0.38)   (3.93)    
10/31/2021   12.98    0.38    6.73    7.11    (0.19)   (0.81)    
Class R6                                   
4/30/2026(c)   15.18    0.07    1.18    1.25    (0.07)   (0.30)    
10/31/2025   13.48    0.12    1.88    2.00    (0.12)   (0.18)    
10/31/2024   9.64    0.12    3.72    3.84             
10/31/2023   13.65    0.11    0.16(f)    0.27    (1.45)       (2.83)
10/31/2022   19.11    0.20    (1.35)   (1.15)   (0.38)   (3.93)    
10/31/2021   12.99    0.39    6.73    7.12    (0.19)   (0.81)    

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Realized and unrealized gain/(loss) per share does not correlate to the aggregate of the net realized and unrealized gain/(loss) in the Statement of Operations, primarily due to the timing of the sales and repurchases of the Fund’s shares in relation to fluctuating market values of the Fund’s portfolio.
(g) Amount is less than $0.01.

 

80 See Notes to Financial Statements.

 

 

         Ratios to Average Net Assets:  Supplemental Data:
             
             
Total
distri-
butions
  Net
asset
value,
end of
period
  Total
return
(%)(b)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$(0.34)  $15.94    6.33(d)    0.96(e)    1.10(e)    0.58(e)   $11    35(d) 
 (0.27)   15.05    14.76    0.96    1.52    0.59    10    39 
     13.37    39.27    0.96    1.62    0.77    9    58 
 (4.25)   9.60    0.67    0.96    1.90    0.91    6    61 
 (4.26)   13.59    (8.73)   0.96    1.00    1.10    9    100 
 (0.97)   19.04    56.46    0.90    0.90    1.89    13    99 
 
 (0.37)   16.02    6.47(d)    0.71(e)    0.86(e)    0.81(e)    12    35(d) 
 (0.30)   15.14    15.01    0.71    1.27    0.84    10    39 
     13.45    39.67    0.71    1.42    0.96    9    58 
 (4.28)   9.63    0.91    0.71    1.66    1.15    6    61 
 (4.31)   13.63    (8.49)   0.71    0.75    1.37    9    100 
 (1.00)   19.09    56.83    0.65    0.65    2.14    13    99 
 
 (0.37)   16.06    6.53(d)    0.63(e)    0.83(e)    0.84(e)    3,365    35(d) 
 (0.30)   15.18    14.98    0.68    1.20    0.85    2,923    39 
     13.48    39.83    0.67    1.36    1.02    2,299    58 
 (4.28)   9.64    0.82    0.71    1.62    1.07    1,223    61 
 (4.31)   13.65    (8.48)   0.70    0.77    1.36    1,347    100 
 (1.00)   19.11    56.86    0.68    0.68    2.17    1,539    99 

 

  See Notes to Financial Statements. 81

 

Financial Highlights

FOCUSED SMALL CAP VALUE FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                   
4/30/2026(c)  $25.91   $0.02   $4.24   $4.26   $   $(1.25)  $(1.25)
10/31/2025   27.88    0.01    0.01    0.02        (1.99)   (1.99)
10/31/2024   21.93    (f)    5.95    5.95    (f)        (f) 
10/31/2023   23.97    0.07    (1.17)   (1.10)   (0.10)   (0.84)   (0.94)
10/31/2022   30.62    0.05    (3.54)   (3.49)       (3.16)   (3.16)
10/31/2021   18.77    0.01    12.00    12.01    (0.16)       (0.16)
Class C                                   
4/30/2026(c)   27.06    (0.08)   4.43    4.35        (1.25)   (1.25)
10/31/2025   29.25    (0.19)   (0.01)   (0.20)       (1.99)   (1.99)
10/31/2024   23.17    (0.21)   6.29    6.08             
10/31/2023   25.36    (0.11)   (1.24)   (1.35)       (0.84)   (0.84)
10/31/2022   32.44    (0.15)   (3.77)   (3.92)       (3.16)   (3.16)
10/31/2021   19.99    (0.30)   12.87    12.57    (0.12)       (0.12)
Class F                                   
4/30/2026(c)   28.76    0.07    4.72    4.79    (0.01)   (1.25)   (1.26)
10/31/2025   30.68    0.08    (0.01)   0.07        (1.99)   (1.99)
10/31/2024   24.06    0.07    6.55    6.62             
10/31/2023   26.17    0.18    (1.33)   (1.15)   (0.12)   (0.84)   (0.96)
10/31/2022   33.11    0.12    (3.86)   (3.74)   (0.04)   (3.16)   (3.20)
10/31/2021   20.30    0.01    13.04    13.05    (0.24)       (0.24)
Class F3                                   
4/30/2026(c)   28.69    0.06    4.73    4.79    (0.04)   (1.25)   (1.29)
10/31/2025   30.60    0.10    (0.02)   0.08        (1.99)   (1.99)
10/31/2024   24.06    0.08    6.53    6.61    (0.07)       (0.07)
10/31/2023   26.20    0.15    (1.28)   (1.13)   (0.17)   (0.84)   (1.01)
10/31/2022   33.15    0.14    (3.86)   (3.72)   (0.07)   (3.16)   (3.23)
10/31/2021   20.32    0.11    12.97    13.08    (0.25)       (0.25)
Class I                                   
4/30/2026(c)   28.58    0.06    4.70    4.76    (0.04)   (1.25)   (1.29)
10/31/2025   30.50    0.08    (0.01)   0.07        (1.99)   (1.99)
10/31/2024   23.99    0.07    6.51    6.58    (0.07)       (0.07)
10/31/2023   26.14    0.14    (1.28)   (1.14)   (0.17)   (0.84)   (1.01)
10/31/2022   33.10    0.12    (3.85)   (3.73)   (0.07)   (3.16)   (3.23)
10/31/2021   20.30    0.11    12.94    13.05    (0.25)       (0.25)
Class R5                                   
4/30/2026(c)   28.59    0.06    4.70    4.76    (0.04)   (1.25)   (1.29)
10/31/2025   30.51    0.08    (0.01)   0.07        (1.99)   (1.99)
10/31/2024   24.00    0.09    6.49    6.58    (0.07)       (0.07)
10/31/2023   26.15    0.14    (1.28)   (1.14)   (0.17)   (0.84)   (1.01)
10/31/2022   33.10    0.18    (3.90)   (3.72)   (0.07)   (3.16)   (3.23)
10/31/2021   20.29    0.10    12.96    13.06    (0.25)       (0.25)

 

82 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$28.92    17.09(d)    1.28(e)    1.35(e)    0.14(e)   $12,034    32(d) 
 25.91    (0.70)   1.28    1.35    0.04    10,530    77 
 27.88    27.15    1.28    1.35    (0.02)   12,718    57 
 21.93    (4.90)   1.28    1.33    0.30    11,487    54 
 23.97    (12.99)   1.28    1.29    0.20    16,026    63 
 30.62    64.27    1.22    1.22    0.03    19,525    116 
 
 30.16    16.72(d)    2.03(e)    2.10(e)    (0.60)(e)    1,750    32(d) 
 27.06    (1.46)   2.03    2.10    (0.70)   1,902    77 
 29.25    26.24    2.03    2.10    (0.77)   2,489    57 
 23.17    (5.64)   2.03    2.08    (0.45)   2,499    54 
 25.36    (13.61)   2.03    2.04    (0.56)   3,624    63 
 32.44    63.10    1.96    1.96    (0.95)   5,028    116 
 
 32.29    17.27(d)    1.03(e)    1.21(e)    0.49(e)    1,369    32(d) 
 28.76    (0.46)   1.03    1.20    0.29    2,148    77 
 30.68    27.51    1.03    1.20    0.24    2,130    57 
 24.06    (4.68)   1.03    1.18    0.69    4,246    54 
 26.17    (12.77)   1.03    1.13    0.41    21,683    63 
 33.11    64.73    0.97    1.07    0.04    66,993    116 
 
 32.19    17.34(d)    0.98(e)    1.03(e)    0.43(e)    14    32(d) 
 28.69    (0.43)   0.98    1.04    0.34    12    77 
 30.60    27.54    0.98    1.05    0.28    13    57 
 24.06    (4.60)   0.97    1.01    0.57    10    54 
 26.20    (12.70)   0.95    0.95    0.51    11    63 
 33.15    64.72    0.92    0.92    0.35    14    116 
 
 32.05    17.30(d)    1.03(e)    1.10(e)    0.39(e)    76,225    32(d) 
 28.58    (0.47)   1.03    1.10    0.29    67,732    77 
 30.50    27.48    1.03    1.10    0.24    77,474    57 
 23.99    (4.66)   1.03    1.08    0.52    71,703    54 
 26.14    (12.76)   1.03    1.03    0.41    82,062    63 
 33.10    64.71    0.95    0.96    0.35    118,351    116 
 
 32.06    17.29(d)    1.03(e)    1.10(e)    0.40(e)    17    32(d)  
 28.59    (0.47)   1.03    1.10    0.28    15    77 
 30.51    27.47    1.03    1.09    0.30    16    57 
 24.00    (4.66)   1.03    1.08    0.55    185    54 
 26.15    (12.73)   1.03    1.05    0.69    272    63 
 33.10    64.71    0.94    0.94    0.31    17    116 

 

  See Notes to Financial Statements. 83

 

Financial Highlights (concluded)

FOCUSED SMALL CAP VALUE FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R6                                   
4/30/2026(c)  $28.69   $0.06   $4.73   $4.79   $(0.04)  $(1.25)  $(1.29)
10/31/2025   30.60    0.10    (0.02)   0.08        (1.99)   (1.99)
10/31/2024   24.06    0.09    6.52    6.61    (0.07)       (0.07)
10/31/2023   26.20    0.15    (1.28)   (1.13)   (0.17)   (0.84)   (1.01)
10/31/2022   33.16    0.14    (3.87)   (3.73)   (0.07)   (3.16)   (3.23)
10/31/2021   20.33    0.07    13.01    13.08    (0.25)       (0.25)

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Amount is less than $0.01.

 

84 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$32.19    17.33(d)    0.99(e)    1.07(e)    0.43(e)   $4,325    32(d) 
 28.69    (0.43)   0.99    1.06    0.33    3,803    77 
 30.60    27.54    0.98    1.05    0.31    5,437    57 
 24.06    (4.60)   0.97    1.03    0.56    9,998    54 
 26.20    (12.73)   0.98    0.98    0.50    10,472    63 
 33.16    64.69    0.94    0.95    0.22    11,274    116 

 

  See Notes to Financial Statements. 85

 

Financial Highlights

FUNDAMENTAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                   
4/30/2026(c)  $16.99   $0.06   $1.46   $1.52   $(0.09)  $(1.21)  $(1.30)
10/31/2025   15.94    0.11    1.99    2.10    (0.13)   (0.92)   (1.05)
10/31/2024   11.92    0.12    4.01    4.13    (0.11)       (0.11)
10/31/2023   12.44    0.12    0.01    0.13    (0.14)   (0.51)   (0.65)
10/31/2022   15.04    0.15    (1.03)   (0.88)   (0.14)   (1.58)   (1.72)
10/31/2021   10.56    0.14    4.55    4.69    (0.21)       (0.21)
Class C                                   
4/30/2026(c)   14.27        1.21    1.21        (1.21)   (1.21)
10/31/2025   13.54    (0.01)   1.69    1.68    (0.03)   (0.92)   (0.95)
10/31/2024   10.13    0.01    3.42    3.43    (0.02)       (0.02)
10/31/2023   10.66    0.03    0.01    0.04    (0.06)   (0.51)   (0.57)
10/31/2022   13.10    0.05    (0.88)   (0.83)   (0.03)   (1.58)   (1.61)
10/31/2021   9.19    0.04    3.96    4.00    (0.09)       (0.09)
Class F                                   
4/30/2026(c)   16.74    0.07    1.44    1.51    (0.12)   (1.21)   (1.33)
10/31/2025   15.72    0.13    1.97    2.10    (0.16)   (0.92)   (1.08)
10/31/2024   11.75    0.14    3.95    4.09    (0.12)       (0.12)
10/31/2023   12.26    0.14    0.02    0.16    (0.16)   (0.51)   (0.67)
10/31/2022   14.85    0.17    (1.02)   (0.85)   (0.16)   (1.58)   (1.74)
10/31/2021   10.44    0.16    4.48    4.64    (0.23)       (0.23)
Class F3                                   
4/30/2026(c)   17.36    0.09    1.48    1.57    (0.13)   (1.21)   (1.34)
10/31/2025   16.25    0.15    2.05    2.20    (0.17)   (0.92)   (1.09)
10/31/2024   12.14    0.17    4.08    4.25    (0.14)       (0.14)
10/31/2023   12.65    0.16    0.02    0.18    (0.18)   (0.51)   (0.69)
10/31/2022   15.26    0.20    (1.05)   (0.85)   (0.18)   (1.58)   (1.76)
10/31/2021   10.71    0.19    4.60    4.79    (0.24)       (0.24)
Class I                                   
4/30/2026(c)   17.17    0.09    1.46    1.55    (0.13)   (1.21)   (1.34)
10/31/2025   16.09    0.15    2.02    2.17    (0.17)   (0.92)   (1.09)
10/31/2024   12.03    0.16    4.04    4.20    (0.14)       (0.14)
10/31/2023   12.55    0.15    0.02    0.17    (0.18)   (0.51)   (0.69)
10/31/2022   15.16    0.19    (1.04)   (0.85)   (0.18)   (1.58)   (1.76)
10/31/2021   10.65    0.18    4.57    4.75    (0.24)       (0.24)
Class P                                   
4/30/2026(c)   16.51    0.05    1.39    1.44    (0.05)   (1.21)   (1.26)
10/31/2025   15.51    0.07    1.95    2.02    (0.10)   (0.92)   (1.02)
10/31/2024   11.59    0.09    3.91    4.00    (0.08)       (0.08)
10/31/2023   12.12    0.09    0.01    0.10    (0.12)   (0.51)   (0.63)
10/31/2022   14.69    0.12    (1.00)   (0.88)   (0.11)   (1.58)   (1.69)
10/31/2021   10.33    0.11    4.44    4.55    (0.19)       (0.19)
Class R2                                   
4/30/2026(c)   16.44    0.03    1.41    1.44    (0.01)   (1.21)   (1.22)
10/31/2025   15.46    0.07    1.91    1.98    (0.08)   (0.92)   (1.00)
10/31/2024   11.56    0.07    3.90    3.97    (0.07)       (0.07)
10/31/2023   12.08    0.07    0.02    0.09    (0.10)   (0.51)   (0.61)
10/31/2022   14.64    0.10    (0.99)   (0.89)   (0.09)   (1.58)   (1.67)
10/31/2021   10.30    0.09    4.43    4.52    (0.18)       (0.18)

 

86 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$17.21    9.45(d)    0.93(e)    0.93(e)    0.77(e)   $1,379,807    22(d) 
 16.99    13.69    0.93    0.93    0.68    1,334,235    42 
 15.94    34.90    0.95    0.95    0.82    1,295,860    39 
 11.92    0.92    0.94    0.94    0.98    1,068,294    26 
 12.44    (6.81)   0.96    0.96    1.19    1,186,259    50 
 15.04    44.87    0.96    0.96    1.06    1,382,625    73 
 
 14.27    9.01(d)    1.68(e)    1.68(e)    0.02(e)    20,991    22(d) 
 14.27    12.87    1.68    1.68    (0.06)   21,360    42 
 13.54    33.86    1.70    1.70    0.08    22,735    39 
 10.13    0.15    1.69    1.69    0.26    23,316    26 
 10.66    (7.50)   1.71    1.71    0.43    38,197    50 
 13.10    43.75    1.71    1.71    0.32    55,600    73 
 
 16.92    9.53(d)    0.78(e)    0.78(e)    0.92(e)    31,281    22(d) 
 16.74    13.86    0.78    0.78    0.83    28,458    42 
 15.72    35.14    0.80    0.80    0.98    25,434    39 
 11.75    1.14    0.79    0.79    1.19    24,745    26 
 12.26    (6.75)   0.81    0.81    1.32    69,775    50 
 14.85    45.02    0.81    0.81    1.21    146,249    73 
 
 17.59    9.57(d)    0.62(e)    0.62(e)    1.07(e)    35,575    22(d) 
 17.36    14.08    0.63    0.63    0.96    32,492    42 
 16.25    35.37    0.63    0.63    1.14    22,135    39 
 12.14    1.26    0.63    0.63    1.28    17,642    26 
 12.65    (6.58)   0.63    0.63    1.53    18,159    50 
 15.26    45.36    0.63    0.63    1.39    19,916    73 
 
 17.38    9.56(d)    0.68(e)    0.68(e)    1.02(e)    655,221    22(d) 
 17.17    14.03    0.68    0.68    0.92    575,340    42 
 16.09    35.26    0.70    0.70    1.07    509,041    39 
 12.03    1.18    0.69    0.69    1.22    545,537    26 
 12.55    (6.65)   0.71    0.71    1.48    561,349    50 
 15.16    45.21    0.71    0.71    1.32    281,392    73 
 
 16.69    9.32(d)    1.13(e)    1.13(e)    0.57(e)    3,105    22(d) 
 16.51    13.45    1.13    1.13    0.48    3,110    42 
 15.51    34.74    1.15    1.15    0.63    3,045    39 
 11.59    0.65    1.14    1.14    0.80    3,237    26 
 12.12    (7.03)   1.16    1.16    0.99    4,074    50 
 14.69    44.55    1.16    1.16    0.84    4,881    73 
 
 16.66    9.29(d)    1.28(e)    1.28(e)    0.42(e)    658    22(d)  
 16.44    13.24    1.29    1.29    0.44    859    42 
 15.46    34.47    1.30    1.30    0.47    2,044    39 
 11.56    0.59    1.29    1.29    0.62    1,964    26 
 12.08    (7.17)   1.31    1.31    0.82    2,114    50 
 14.64    44.28    1.31    1.31    0.72    3,271    73 

 

  See Notes to Financial Statements. 87

 

Financial Highlights (concluded)

FUNDAMENTAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R3                                   
4/30/2026(c)  $16.53   $0.04   $1.41   $1.45   $(0.05)  $(1.21)  $(1.26)
10/31/2025   15.53    0.07    1.94    2.01    (0.09)   (0.92)   (1.01)
10/31/2024   11.61    0.08    3.92    4.00    (0.08)       (0.08)
10/31/2023   12.13    0.09    0.01    0.10    (0.11)   (0.51)   (0.62)
10/31/2022   14.70    0.12    (1.01)   (0.89)   (0.10)   (1.58)   (1.68)
10/31/2021   10.33    0.11    4.44    4.55    (0.18)       (0.18)
Class R4                                   
4/30/2026(c)   16.88    0.06    1.44    1.50    (0.09)   (1.21)   (1.30)
10/31/2025   15.84    0.11    1.99    2.10    (0.14)   (0.92)   (1.06)
10/31/2024   11.84    0.12    3.99    4.11    (0.11)       (0.11)
10/31/2023   12.37    0.12    0.01    0.13    (0.15)   (0.51)   (0.66)
10/31/2022   14.96    0.15    (1.02)   (0.87)   (0.14)   (1.58)   (1.72)
10/31/2021   10.50    0.14    4.52    4.66    (0.20)       (0.20)
Class R5                                   
4/30/2026(c)   17.19    0.09    1.46    1.55    (0.13)   (1.21)   (1.34)
10/31/2025   16.11    0.15    2.02    2.17    (0.17)   (0.92)   (1.09)
10/31/2024   12.04    0.15    4.06    4.21    (0.14)       (0.14)
10/31/2023   12.56    0.15    0.02    0.17    (0.18)   (0.51)   (0.69)
10/31/2022   15.17    0.18    (1.03)   (0.85)   (0.18)   (1.58)   (1.76)
10/31/2021   10.66    0.18    4.57    4.75    (0.24)       (0.24)
Class R6                                   
4/30/2026(c)   17.38    0.09    1.48    1.57    (0.13)   (1.21)   (1.34)
10/31/2025   16.27    0.16    2.04    2.20    (0.17)   (0.92)   (1.09)
10/31/2024   12.15    0.17    4.09    4.26    (0.14)       (0.14)
10/31/2023   12.66    0.16    0.02    0.18    (0.18)   (0.51)   (0.69)
10/31/2022   15.27    0.19    (1.04)   (0.85)   (0.18)   (1.58)   (1.76)
10/31/2021   10.72    0.19    4.60    4.79    (0.24)       (0.24)

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

88 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$16.72    9.25(d)    1.18(e)    1.18(e)    0.52(e)   $66,242    22(d) 
 16.53    13.45    1.18    1.18    0.43    64,196    42 
 15.53    34.63    1.20    1.20    0.57    65,416    39 
 11.61    0.66    1.19    1.19    0.73    57,037    26 
 12.13    (7.10)   1.21    1.21    0.93    63,110    50 
 14.70    44.54    1.21    1.21    0.81    86,249    73 
 
 17.08    9.39(d)    0.94(e)    0.94(e)    0.72(e)    2,438    22(d) 
 16.88    13.76    0.93    0.93    0.67    4,414    42 
 15.84    34.96    0.96    0.96    0.81    4,276    39 
 11.84    0.86    0.94    0.94    0.99    2,523    26 
 12.37    (6.80)   0.96    0.96    1.20    2,969    50 
 14.96    44.80    0.96    0.96    1.04    2,988    73 
 
 17.40    9.55(d)    0.68(e)    0.68(e)    1.02(e)    750    22(d) 
 17.19    14.01    0.68    0.68    0.94    1,016    42 
 16.11    35.31    0.70    0.70    1.06    1,137    39 
 12.04    1.17    0.69    0.69    1.22    781    26 
 12.56    (6.64)   0.71    0.71    1.42    776    50 
 15.17    45.17    0.71    0.71    1.31    986    73 
 
 17.61    9.62(d)    0.62(e)    0.62(e)    1.08(e)    14,772    22(d) 
 17.38    14.00    0.63    0.63    0.97    13,633    42 
 16.27    35.42    0.63    0.63    1.14    10,378    39 
 12.15    1.26    0.63    0.63    1.29    7,577    26 
 12.66    (6.57)   0.63    0.63    1.44    8,039    50 
 15.27    45.31    0.63    0.63    1.39    16,209    73 

 

  See Notes to Financial Statements. 89

 

Financial Highlights

GLOBAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                   
4/30/2026(c)  $20.08   $0.08   $1.31   $1.39   $(0.12)  $   $(0.12)
10/31/2025   16.57    0.19    3.39    3.58    (0.07)       (0.07)
10/31/2024   12.42    0.15    4.12    4.27    (0.12)       (0.12)
10/31/2023   11.37    0.13    1.00    1.13    (0.08)       (0.08)
10/31/2022   16.61    0.10    (3.04)   (2.94)   (0.12)   (2.18)   (2.30)
10/31/2021   12.59    0.14    4.57    4.71    (0.18)   (0.51)   (0.69)
Class C                                   
4/30/2026(c)   19.70    0.01    1.28    1.29    (0.05)       (0.05)
10/31/2025   16.32    0.03    3.35    3.38             
10/31/2024   12.24    0.04    4.07    4.11    (0.03)       (0.03)
10/31/2023   11.22    0.04    0.98    1.02             
10/31/2022   16.41    (f)    (3.00)   (3.00)   (0.01)   (2.18)   (2.19)
10/31/2021   12.46    0.02    4.53    4.55    (0.09)   (0.51)   (0.60)
Class F                                   
4/30/2026(c)   20.13    0.11    1.30    1.41    (0.08)       (0.08)
10/31/2025   16.62    0.42    3.18    3.60    (0.09)       (0.09)
10/31/2024   12.45    0.18    4.12    4.30    (0.13)       (0.13)
10/31/2023   11.39    0.16    0.99    1.15    (0.09)       (0.09)
10/31/2022   16.65    0.11    (3.05)   (2.94)   (0.14)   (2.18)   (2.32)
10/31/2021   12.62    0.16    4.59    4.75    (0.21)   (0.51)   (0.72)
Class F3                                   
4/30/2026(c)   20.22    0.12    1.31    1.43    (0.14)       (0.14)
10/31/2025   16.66    0.28    3.39    3.67    (0.11)       (0.11)
10/31/2024   12.47    0.21    4.14    4.35    (0.16)       (0.16)
10/31/2023   11.41    0.18    1.00    1.18    (0.12)       (0.12)
10/31/2022   16.68    0.13    (3.06)   (2.93)   (0.16)   (2.18)   (2.34)
10/31/2021   12.63    0.19    4.60    4.79    (0.23)   (0.51)   (0.74)
Class I                                   
4/30/2026(c)   20.14    0.10    1.31    1.41    (0.14)       (0.14)
10/31/2025   16.62    0.23    3.40    3.63    (0.11)       (0.11)
10/31/2024   12.45    0.17    4.15    4.32    (0.15)       (0.15)
10/31/2023   11.40    0.16    1.00    1.16    (0.11)       (0.11)
10/31/2022   16.66    0.12    (3.04)   (2.92)   (0.16)   (2.18)   (2.34)
10/31/2021   12.62    0.18    4.59    4.77    (0.22)   (0.51)   (0.73)
Class R3                                   
4/30/2026(c)   19.90    0.05    1.30    1.35    (0.06)       (0.06)
10/31/2025   16.43    0.16    3.34    3.50    (0.03)       (0.03)
10/31/2024   12.31    0.11    4.10    4.21    (0.09)       (0.09)
10/31/2023   11.26    0.10    0.99    1.09    (0.04)       (0.04)
10/31/2022   16.47    0.08    (3.02)   (2.94)   (0.09)   (2.18)   (2.27)
10/31/2021   12.51    0.11    4.52    4.63    (0.16)   (0.51)   (0.67)

 

90 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$21.35    6.96(d)    0.90(e)    0.97(e)    0.79(e)   $52,435    25(d) 
 20.08    21.60    0.90    1.04    1.03    40,596    61 
 16.57    34.62    0.90    1.72    0.98    7,468    41 
 12.42    9.98    0.90    2.55    1.08    5,163    55 
 11.37    (20.30)   0.90    3.43    0.79    4,236    70 
 16.61    38.37    0.90    3.53    0.88    5,016    87 
 
 20.94    6.57(d)    1.65(e)    1.71(e)    0.12(e)    4,110    25(d) 
 19.70    20.71    1.63    1.78    0.17    2,603    61 
 16.32    33.62    1.65    2.45    0.26    543    41 
 12.24    9.09    1.65    3.33    0.35    345    55 
 11.22    (20.87)   1.65    4.05    (0.03)   392    70 
 16.41    37.27    1.65    4.29    0.14    826    87 
 
 21.46    7.05(d)    0.75(e)    0.82(e)    1.05(e)    783    25(d) 
 20.13    21.69    0.75    0.92    2.42    388    61 
 16.62    34.83    0.75    1.59    1.13    1,358    41 
 12.45    10.16    0.75    2.42    1.25    1,099    55 
 11.39    (20.26)   0.75    3.21    0.86    1,277    70 
 16.65    38.59    0.75    3.40    1.07    2,146    87 
 
 21.51    7.15(d)    0.56(e)    0.62(e)    1.16(e)    60,170    25(d) 
 20.22    22.14    0.51    0.69    1.47    45,822    61 
 16.66    35.07    0.53    1.36    1.35    18    41 
 12.47    10.38    0.57    2.04    1.42    14    55 
 11.41    (20.15)   0.59    2.99    0.99    13    70 
 16.68    38.90    0.61    3.20    1.20    18    87 
 
 21.41    7.13(d)    0.65(e)    0.71(e)    1.02(e)    266,785    25(d) 
 20.14    21.87    0.65    0.79    1.27    240,122    61 
 16.62    35.00    0.65    1.25    1.07    42,139    41 
 12.45    10.26    0.65    2.29    1.32    3,245    55 
 11.40    (20.17)   0.65    3.12    0.93    1,085    70 
 16.66    38.78    0.65    3.30    1.16    1,837    87 
 
 21.19    6.85(d)    1.15(e)     1.21(e)     0.53(e)     1,055    25(d)  
 19.90    21.31    1.15    1.31    0.90    883    61 
 16.43    34.28    1.15    1.98    0.72    824    41 
 12.31    9.67    1.15    2.80    0.83    598    55 
 11.26    (20.47)   1.15    3.67    0.59    506    70 
 16.47    37.85    1.15    3.78    0.70    470    87 

 

  See Notes to Financial Statements. 91

 

Financial Highlights (concluded)

GLOBAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R4                                   
4/30/2026(c)  $20.24   $0.08   $1.31   $1.39   $(0.10)  $   $(0.10)
10/31/2025   16.70    0.20    3.41    3.61    (0.07)       (0.07)
10/31/2024   12.41    0.15    4.14    4.29             
10/31/2023   11.37    0.15    0.98    1.13    (0.09)       (0.09)
10/31/2022   16.62    0.14    (3.09)   (2.95)   (0.12)   (2.18)   (2.30)
10/31/2021   12.60    0.14    4.58    4.72    (0.19)   (0.51)   (0.70)
Class R5                                   
4/30/2026(c)   20.16    0.12    1.30    1.42    (0.14)       (0.14)
10/31/2025   16.63    0.24    3.40    3.64    (0.11)       (0.11)
10/31/2024   12.46    0.19    4.13    4.32    (0.15)       (0.15)
10/31/2023   11.40    0.17    1.00    1.17    (0.11)       (0.11)
10/31/2022   16.66    0.12    (3.04)   (2.92)   (0.16)   (2.18)   (2.34)
10/31/2021   12.62    0.18    4.59    4.77    (0.22)   (0.51)   (0.73)
Class R6                                   
4/30/2026(c)   20.23    0.12    1.30    1.42    (0.14)       (0.14)
10/31/2025   16.66    0.26    3.42    3.68    (0.11)       (0.11)
10/31/2024   12.47    0.21    4.13    4.34    (0.15)       (0.15)
10/31/2023   11.41    0.18    1.00    1.18    (0.12)       (0.12)
10/31/2022   16.67    0.14    (3.06)   (2.92)   (0.16)   (2.18)   (2.34)
10/31/2021   12.63    0.19    4.59    4.78    (0.23)   (0.51)   (0.74)

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Amount is less than $0.01.

 

92 See Notes to Financial Statements.

 

      Ratios to Average Net Assets:  Supplemental Data:
 
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
 
$21.53    6.91(d)    0.90(e)    0.95(e)    0.80(e)   $27    25(d) 
 20.24    21.67    0.90    1.05    1.11    24    61 
 16.70    34.57    0.90    1.72    0.98    19    41 
 12.41    9.97    0.90    2.62    1.26    14    55 
 11.37    (20.37)   0.90    3.88    1.17    514    70 
 16.62    38.39    0.90    3.54    0.92    19    87 
 
 21.44    7.07(d)    0.65(e)    0.73(e)    1.16(e)    25    25(d) 
 20.16    21.92    0.65    0.80    1.36    23    61 
 16.63    34.95    0.65    1.48    1.23    19    41 
 12.46    10.31    0.65    2.30    1.35    14    55 
 11.40    (20.17)   0.65    3.14    0.93    13    70 
 16.66    38.78    0.65    3.29    1.16    19    87 
 
 21.51    7.20(d)    0.56(e)    0.62(e)    1.18(e)    8,525    25(d) 
 20.23    22.06    0.52    0.73    1.48    5,548    61 
 16.66    35.15    0.53    1.35    1.34    5,454    41 
 12.47    10.38    0.57    1.99    1.39    3,414    55 
 11.41    (20.10)   0.59    3.02    1.06    919    70 
 16.67    38.82    0.61    3.21    1.21    1,215    87 

 

  See Notes to Financial Statements. 93

 

Financial Highlights

GROWTH LEADERS FUND

 

      Per Share Operating Performance:   
      Investment Operations:  Distributions
to shareholders
from:
  Net
asset
value,
end of
period
   Net asset
value,
beginning
of period
  Net
investment
income
(loss)
(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
realized
gain
 
Class A                              
4/30/2026(c)     $58.56            $(0.16)            $(2.34)            $(2.50)            $(1.13)            $54.93 
10/31/2025   42.72    (0.29)   16.13    15.84        58.56 
10/31/2024   27.67    (0.19)   15.24    15.05        42.72 
10/31/2023   26.45    (0.15)   1.37    1.22        27.67 
10/31/2022   52.70    (0.16)   (16.09)   (16.25)   (10.00)   26.45 
10/31/2021   42.25    (0.28)   15.10    14.82    (4.37)   52.70 
Class C                              
4/30/2026(c)   49.53    (0.30)   (2.00)   (2.30)   (1.13)   46.10 
10/31/2025   36.41    (0.55)   13.67    13.12        49.53 
10/31/2024   23.76    (0.40)   13.05    12.65        36.41 
10/31/2023   22.88    (0.31)   1.19    0.88        23.76 
10/31/2022   47.22    (0.36)   (13.98)   (14.34)   (10.00)   22.88 
10/31/2021   38.53    (0.57)   13.63    13.06    (4.37)   47.22 
Class F                              
4/30/2026(c)   61.16    (0.10)   (2.44)   (2.54)   (1.13)   57.49 
10/31/2025   44.51    (0.17)   16.82    16.65        61.16 
10/31/2024   28.76    (0.10)   15.85    15.75        44.51 
10/31/2023   27.42    (0.07)   1.41    1.34        28.76 
10/31/2022   54.15    (0.08)   (16.65)   (16.73)   (10.00)   27.42 
10/31/2021   43.20    (0.17)   15.49    15.32    (4.37)   54.15 
Class F3                              
4/30/2026(c)   62.34    (0.09)   (2.48)   (2.57)   (1.13)   58.64 
10/31/2025   45.34    (0.14)   17.14    17.00        62.34 
10/31/2024   29.27    (0.07)   16.14    16.07        45.34 
10/31/2023   27.89    (0.07)   1.45    1.38        29.27 
10/31/2022   54.88    (0.06)   (16.93)   (16.99)   (10.00)   27.89 
10/31/2021   43.70    (0.15)   15.70    15.55    (4.37)   54.88 
Class I                              
4/30/2026(c)   61.72    (0.10)   (2.47)   (2.57)   (1.13)   58.02 
10/31/2025   44.91    (0.17)   16.98    16.81        61.72 
10/31/2024   29.02    (0.10)   15.99    15.89        44.91 
10/31/2023   27.67    (0.09)   1.44    1.35        29.02 
10/31/2022   54.56    (0.08)   (16.81)   (16.89)   (10.00)   27.67 
10/31/2021   43.49    (0.17)   15.61    15.44    (4.37)   54.56 
Class R2                              
4/30/2026(c)   55.87    (0.24)   (2.24)   (2.48)   (1.13)   52.26 
10/31/2025   40.90    (0.44)   15.41    14.97        55.87 
10/31/2024   26.59    (0.31)   14.62    14.31        40.90 
10/31/2023   25.50    (0.23)   1.32    1.09        26.59 
10/31/2022   51.32    (0.26)   (15.56)   (15.82)   (10.00)   25.50 
10/31/2021   41.38    (0.44)   14.75    14.31    (4.37)   51.32 
Class R3                              
4/30/2026(c)   56.05    (0.22)   (2.25)   (2.47)   (1.13)   52.45 
10/31/2025   40.99    (0.39)   15.45    15.06        56.05 
10/31/2024   26.62    (0.27)   14.64    14.37        40.99 
10/31/2023   25.51    (0.22)   1.33    1.11        26.62 
10/31/2022   51.28    (0.23)   (15.54)   (15.77)   (10.00)   25.51 
10/31/2021   41.31    (0.39)   14.73    14.34    (4.37)   51.28 

 

94 See Notes to Financial Statements.
 
   Ratios to Average Net Assets:  Supplemental Data:
                
Total
return(b)
(%)
  Total
expenses
after
waivers and/or
reimburse-
ments
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                
 (4.25)(d)      0.90(e)       0.90(e)        (0.63)(e)    $2,616,459     50(d)   
 37.08    0.89    0.89    (0.58)   2,838,614    72 
 54.39    0.90    0.90    (0.51)   2,178,145    94 
 4.61    0.91    0.91    (0.55)   1,491,196    120 
 (38.05)   0.91    0.91    (0.49)   1,569,330    146 
 37.77    0.89    0.89    (0.61)   2,713,887    140 
                            
 (4.61)(d)    1.65(e)    1.65(e)    (1.38)(e)    495,578    50(d) 
 36.01    1.64    1.64    (1.34)   574,351    72 
 53.24    1.65    1.65    (1.26)   493,628    94 
 3.85    1.66    1.66    (1.29)   425,713    120 
 (38.52)   1.66    1.66    (1.24)   543,043    146 
 36.75    1.64    1.64    (1.36)   1,142,002    140 
                            
 (4.13)(d)    0.64(e)    0.74(e)    (0.38)(e)    321,086    50(d) 
 37.41    0.64    0.74    (0.33)   382,875    72 
 54.76    0.65    0.75    (0.26)   261,387    94 
 4.89    0.66    0.76    (0.25)   244,364    120 
 (37.89)   0.66    0.76    (0.23)   775,269    146 
 38.13    0.64    0.74    (0.36)   4,331,228    140 
                            
 (4.10)(d)    0.57(e)    0.57(e)    (0.31)(e)    593,335    50(d) 
 37.52    0.58    0.58    (0.27)   641,388    72 
 54.87    0.58    0.58    (0.19)   464,143    94 
 4.95    0.59    0.59    (0.23)   382,432    120 
 (37.85)   0.59    0.59    (0.17)   430,492    146 
 38.23    0.58    0.58    (0.30)   697,858    140 
                            
 (4.13)(d)    0.64(e)    0.64(e)    (0.38)(e)    3,321,961    50(d) 
 37.41    0.64    0.64    (0.33)   3,672,859    72 
 54.76    0.65    0.65    (0.26)   2,918,040    94 
 4.88    0.66    0.66    (0.30)   2,124,007    120 
 (37.89)   0.66    0.66    (0.25)   2,087,818    146 
 38.13    0.64    0.64    (0.36)   1,282,161    140 
                            
 (4.42)(d)    1.25(e)    1.25(e)    (0.98)(e)    2,550    50(d) 
 36.60    1.24    1.24    (0.93)   2,634    72 
 53.82    1.25    1.25    (0.86)   2,021    94 
 4.27    1.26    1.26    (0.89)   1,452    120 
 (38.28)   1.26    1.26    (0.84)   2,155    146 
 37.32    1.24    1.24    (0.96)   3,275    140 
                            
 (4.39)(d)    1.15(e)    1.15(e)    (0.88)(e)    28,929    50(d) 
 36.74    1.14    1.14    (0.83)   29,965    72 
 53.98    1.15    1.15    (0.76)   21,895    94 
 4.35    1.16    1.16    (0.81)   15,019    120 
 (38.20)   1.16    1.16    (0.74)   13,621    146 
 37.44    1.14    1.14    (0.86)   21,928    140 

 

  See Notes to Financial Statements. 95
 

Financial Highlights (concluded)

GROWTH LEADERS FUND

 

      Per Share Operating Performance:   
      Investment Operations:  Distributions
to
shareholders
from:
  Net
asset
value,
end of
period
   Net asset
value,
beginning
of period
  Net
investment
income
(loss)
(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
realized
gain
 
Class R4                  
4/30/2026(c)    $58.59        $(0.17)           $(2.34)             $(2.51)            $(1.13)         $54.95 
10/31/2025   42.74    (0.29)   16.14    15.85        58.59 
10/31/2024   27.69    (0.19)   15.24    15.05        42.74 
10/31/2023   26.46    (0.15)   1.38    1.23        27.69 
10/31/2022   52.72    (0.16)   (16.10)   (16.26)   (10.00)   26.46 
10/31/2021   42.26    (0.28)   15.11    14.83    (4.37)   52.72 
Class R5                              
4/30/2026(c)   61.75    (0.11)   (2.46)   (2.57)   (1.13)   58.05 
10/31/2025   44.94    (0.17)   16.98    16.81        61.75 
10/31/2024   29.04    (0.10)   16.00    15.90        44.94 
10/31/2023   27.68    (0.09)   1.45    1.36        29.04 
10/31/2022   54.58    (0.08)   (16.82)   (16.90)   (10.00)   27.68 
10/31/2021   43.51    (0.17)   15.61    15.44    (4.37)   54.58 
Class R6                              
4/30/2026(c)   62.34    (0.09)   (2.49)   (2.58)   (1.13)   58.63 
10/31/2025   45.33    (0.14)   17.15    17.01        62.34 
10/31/2024   29.27    (0.08)   16.14    16.06        45.33 
10/31/2023   27.89    (0.07)   1.45    1.38        29.27 
10/31/2022   54.88    (0.06)   (16.93)   (16.99)   (10.00)   27.89 
10/31/2021   43.70    (0.15)   15.70    15.55    (4.37)   54.88 

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

96 See Notes to Financial Statements.
 
   Ratios to Average Net Assets:  Supplemental Data:
                
Total
return(b)
(%)
  Total
expenses
after
waivers and/or
reimburse-
ments
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                            
    (4.25)(d)           0.90(e)           0.90(e)        (0.63)(e)      $13,674       50(d)   
 37.06    0.89    0.89    (0.59)   16,747    72 
 54.35    0.90    0.90    (0.51)   14,316    94 
 4.65    0.91    0.91    (0.54)   9,595    120 
 (38.06)   0.91    0.91    (0.49)   10,901    146 
 37.79    0.89    0.89    (0.61)   18,549    140 
                            
 (4.14)(d)    0.65(e)    0.65(e)    (0.38)(e)    10,609    50(d) 
 37.41    0.64    0.64    (0.34)   11,894    72 
 54.81    0.65    0.65    (0.26)   11,478    94 
 4.88    0.66    0.66    (0.30)   9,206    120 
 (37.91)   0.66    0.66    (0.24)   9,706    146 
 38.13    0.64    0.64    (0.36)   19,722    140 
                            
 (4.12)(d)    0.57(e)    0.57(e)    (0.31)(e)    145,160    50(d) 
 37.52    0.58    0.58    (0.27)   163,659    72 
 54.87    0.58    0.58    (0.19)   141,383    94 
 4.95    0.59    0.59    (0.23)   113,990    120 
 (37.85)   0.59    0.59    (0.17)   124,498    146 
 38.23    0.58    0.58    (0.30)   181,524    140 

 

  See Notes to Financial Statements. 97
 

Financial Highlights

HEALTH CARE FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                     
4/30/2026(c)      $21.43           $(0.05)            $0.07          $0.02          $(0.03)         $       $(0.03)  
10/31/2025   19.79    (0.09)   1.79    1.70    (0.06)       (0.06)
10/31/2024   15.39    (0.10)   4.50    4.40             
10/31/2023   17.07    (0.07)   (1.61)   (1.68)            
10/31/2022   21.96    (0.05)   (3.37)   (3.42)       (1.47)   (1.47)
10/31/2021   19.27    (0.10)   5.10    5.00        (2.31)   (2.31)
Class C                                   
4/30/2026(c)   20.45    (0.13)   0.07    (0.06)            
10/31/2025   18.96    (0.22)   1.71    1.49             
10/31/2024   14.86    (0.24)   4.34    4.10             
10/31/2023   16.61    (0.20)   (1.55)   (1.75)            
10/31/2022   21.56    (0.17)   (3.31)   (3.48)       (1.47)   (1.47)
10/31/2021   19.09    (0.25)   5.03    4.78        (2.31)   (2.31)
Class F                                   
4/30/2026(c)   21.75    (0.02)   0.07    0.05    (0.06)       (0.06)
10/31/2025   20.05    (0.04)   1.83    1.79    (0.09)       (0.09)
10/31/2024   15.56    (0.06)   4.55    4.49             
10/31/2023   17.22    (0.03)   (1.63)   (1.66)            
10/31/2022   22.08    (f)    (3.39)   (3.39)       (1.47)   (1.47)
10/31/2021   19.32    (0.05)   5.12    5.07        (2.31)   (2.31)
Class F3                                   
4/30/2026(c)   21.78    (0.01)   0.07    0.06    (0.08)       (0.08)
10/31/2025   20.08    (0.02)   1.83    1.81    (0.11)       (0.11)
10/31/2024   15.56    (0.02)   4.54    4.52             
10/31/2023   17.23    (f)    (1.62)   (1.62)   (0.05)       (0.05)
10/31/2022   22.07    0.02    (3.39)   (3.37)       (1.47)   (1.47)
10/31/2021   19.33    (0.04)   5.11    5.07    (0.02)   (2.31)   (2.33)
Class I                                   
4/30/2026(c)   21.69    (0.02)   0.06    0.04    (0.08)       (0.08)
10/31/2025   20.02    (0.04)   1.82    1.78    (0.11)       (0.11)
10/31/2024   15.53    (0.06)   4.55    4.49             
10/31/2023   17.21    (0.03)   (1.63)   (1.66)   (0.02)       (0.02)
10/31/2022   22.07    (f)    (3.39)   (3.39)       (1.47)   (1.47)
10/31/2021   19.32    (0.05)   5.11    5.06        (2.31)   (2.31)
Class R3                                   
4/30/2026(c)   21.07    (0.08)   0.08                 
10/31/2025   19.51    (0.13)   1.75    1.62    (0.06)       (0.06)
10/31/2024   15.21    (0.15)   4.45    4.30             
10/31/2023   16.91    (0.11)   (1.59)   (1.70)            
10/31/2022   21.82    (0.09)   (3.35)   (3.44)       (1.47)   (1.47)
10/31/2021   19.21    (0.15)   5.07    4.92        (2.31)   (2.31)

 

98 See Notes to Financial Statements.
 
      Ratios to Average Net Assets:  Supplemental Data:
                   
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                 
 $21.42        0.10(d)         1.03(e)           3.30(e)         (0.46)(e)       $4,293        37(d)    
 21.43    8.61    1.03    3.48    (0.48)   4,496    91 
 19.79    28.51    1.03    3.34    (0.55)   4,526    88 
 15.39    (9.78)   1.03    3.53    (0.42)   3,853    74 
 17.07    (16.29)   1.03    4.11    (0.26)   3,177    49 
 21.96    28.56    1.03    3.90    (0.50)   3,507    59 
                                 
 20.39    (0.29)(d)    1.78(e)    4.05(e)    (1.20)(e)    1,352    37(d) 
 20.45    7.86    1.78    4.24    (1.22)   1,338    91 
 18.96    27.51    1.78    4.09    (1.30)   1,227    88 
 14.86    (10.48)   1.78    4.26    (1.19)   930    74 
 16.61    (16.91)   1.78    4.85    (1.02)   607    49 
 21.56    27.57    1.78    4.62    (1.25)   786    59 
                                 
 21.74    0.20(d)    0.78(e)    3.15(e)    (0.20)(e)    127    37(d) 
 21.75    8.89    0.78    3.32    (0.23)   132    91 
 20.05    28.84    0.78    3.18    (0.30)   191    88 
 15.56    (9.58)   0.78    3.41    (0.15)   173    74 
 17.22    (16.05)   0.78    3.97    0.01    373    49 
 22.08    28.88    0.78    3.63    (0.23)   587    59 
                                 
 21.76    0.23(d)    0.68(e)    3.02(e)    (0.10)(e)    40    37(d) 
 21.78    9.09    0.65    3.19    (0.09)   40    91 
 20.08    29.05    0.60    3.04    (0.13)   37    88 
 15.56    (9.45)   0.62    3.11    (0.01)   28    74 
 17.23    (15.96)   0.68    3.69    0.09    31    49 
 22.07    28.91    0.71    3.55    (0.18)   40    59 
                                 
 21.65    0.17(d)    0.78(e)    3.05(e)    (0.20)(e)    41    37(d) 
 21.69    8.92    0.78    3.25    (0.19)   42    91 
 20.02    28.83    0.78    3.10    (0.30)   43    88 
 15.53    (9.58)   0.78    3.26    (0.18)   49    74 
 17.21    (16.06)   0.78    3.85    (0.03)   15    49 
 22.07    28.82    0.78    3.66    (0.25)   20    59 
                                 
 21.07    (0.05)(d)    1.28(e)    3.55(e)    (0.71)(e)    136    37(d) 
 21.07    8.39    1.28    3.77    (0.69)   134    91 
 19.51    28.19    1.28    3.60    (0.80)   30    88 
 15.21    (9.99)   1.28    3.75    (0.65)   24    74 
 16.91    (16.50)   1.28    4.35    (0.52)   11    49 
 21.82    28.19    1.28    4.17    (0.75)   15    59 

 

  See Notes to Financial Statements. 99
 

Financial Highlights (concluded)

HEALTH CARE FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R4                     
4/30/2026(c)     $21.42          $(0.05)                $0.08              $0.03      $(0.04)          $      $(0.04)  
10/31/2025   19.78    (0.09)   1.79    1.70    (0.06)       (0.06)
10/31/2024   15.39    (0.10)   4.49    4.39             
10/31/2023   17.07    (0.07)   (1.61)   (1.68)            
10/31/2022   21.95    (0.04)   (3.37)   (3.41)       (1.47)   (1.47)
10/31/2021   19.27    (0.10)   5.09    4.99        (2.31)   (2.31)
Class R5                                   
4/30/2026(c)   21.68    (0.02)   0.07    0.05    (0.08)       (0.08)
10/31/2025   20.01    (0.05)   1.83    1.78    (0.11)       (0.11)
10/31/2024   15.53    (0.06)   4.54    4.48             
10/31/2023   17.21    (0.03)   (1.63)   (1.66)   (0.02)       (0.02)
10/31/2022   22.07    (f)    (3.39)   (3.39)       (1.47)   (1.47)
10/31/2021   19.32    (0.05)   5.12    5.07    (0.01)   (2.31)   (2.32)
Class R6                                   
4/30/2026(c)   21.80    (0.01)   0.06    0.05    (0.08)       (0.08)
10/31/2025   20.09    (0.02)   1.84    1.82    (0.11)       (0.11)
10/31/2024   15.56    (0.02)   4.55    4.53             
10/31/2023   17.24    (f)    (1.63)   (1.63)   (0.05)       (0.05)
10/31/2022   22.08    0.01    (3.38)   (3.37)       (1.47)   (1.47)
10/31/2021   19.34    (0.04)   5.11    5.07    (0.02)   (2.31)   (2.33)

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Amount is less than $0.01.

 

100 See Notes to Financial Statements.
 
      Ratios to Average Net Assets:  Supplemental Data:
          
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                   
$21.41     0.06(d)      1.03(e)       3.30(e)      (0.44)(e)      $14        37(d)     
 21.42    8.67    1.03    3.48    (0.46)   14    91 
 19.78    28.53    1.03    3.31    (0.53)   13    88 
 15.39    (9.84)   1.03    3.53    (0.41)   10    74 
 17.07    (16.25)   1.03    4.10    (0.26)   11    49 
 21.95    28.50    1.03    3.92    (0.50)   15    59 
                                 
 21.65    0.18(d)    0.78(e)    3.05(e)    (0.20)(e)    14    37(d) 
 21.68    8.92    0.78    3.25    (0.25)   14    91 
 20.01    28.83    0.78    3.08    (0.31)   13    88 
 15.53    (9.58)   0.78    3.28    (0.15)   10    74 
 17.21    (16.06)   0.78    3.84    (0.01)   11    49 
 22.07    28.86    0.78    3.67    (0.24)   15    59 
                                 
 21.77    0.22(d)    0.68(e)    3.02(e)    (0.11)(e)    2,101    37(d) 
 21.80    9.08    0.65    3.18    (0.11)   2,241    91 
 20.09    29.03    0.60    3.03    (0.11)   2,485    88 
 15.56    (9.44)   0.62    3.11    (0.01)   1,885    74 
 17.24    (15.95)   0.68    3.68    0.08    2,198    49 
 22.08    28.89    0.70    3.48    (0.17)   2,851    59 

 

  See Notes to Financial Statements. 101
 

Financial Highlights

INTERNATIONAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
Investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                                                      
4/30/2026(c)  $18.42   $0.12   $2.48   $2.60   $(0.19)  $(0.73)  $(0.92)
10/31/2025   15.44    0.24    3.36    3.60    (0.21)   (0.41)   (0.62)
10/31/2024   12.37    0.20    3.11    3.31    (0.24)       (0.24)
10/31/2023   11.61    0.22    0.79    1.01    (0.25)       (0.25)
10/31/2022   17.67    0.26    (4.35)   (4.09)   (0.22)   (1.75)   (1.97)
10/31/2021   13.41    0.17    4.27    4.44    (0.18)       (0.18)
Class C                                   
4/30/2026(c)   18.46    0.06    2.49    2.55    (0.09)   (0.73)   (0.82)
10/31/2025   15.45    0.12    3.38    3.50    (0.08)   (0.41)   (0.49)
10/31/2024   12.31    0.09    3.11    3.20    (0.06)       (0.06)
10/31/2023   11.53    0.08    0.83    0.91    (0.13)       (0.13)
10/31/2022   17.54    0.15    (4.34)   (4.19)   (0.07)   (1.75)   (1.82)
10/31/2021   13.31    0.05    4.22    4.27    (0.04)       (0.04)
Class F                                   
4/30/2026(c)   18.36    0.13    2.47    2.60    (0.21)   (0.73)   (0.94)
10/31/2025   15.39    0.26    3.36    3.62    (0.24)   (0.41)   (0.65)
10/31/2024   12.33    0.22    3.10    3.32    (0.26)       (0.26)
10/31/2023   11.57    0.22    0.81    1.03    (0.27)       (0.27)
10/31/2022   17.61    0.25    (4.29)   (4.04)   (0.25)   (1.75)   (2.00)
10/31/2021   13.36    0.22    4.22    4.44    (0.19)       (0.19)
Class F3                                   
4/30/2026(c)   18.77    0.16    2.52    2.68    (0.23)   (0.73)   (0.96)
10/31/2025   15.72    0.31    3.40    3.71    (0.25)   (0.41)   (0.66)
10/31/2024   12.58    0.25    3.17    3.42    (0.28)       (0.28)
10/31/2023   11.80    0.28    0.79    1.07    (0.29)       (0.29)
10/31/2022   17.92    0.33    (4.44)   (4.11)   (0.26)   (1.75)   (2.01)
10/31/2021   13.59    0.23    4.32    4.55    (0.22)       (0.22)
Class I                                   
4/30/2026(c)   18.69    0.16    2.50    2.66    (0.23)   (0.73)   (0.96)
10/31/2025   15.66    0.28    3.41    3.69    (0.25)   (0.41)   (0.66)
10/31/2024   12.54    0.24    3.15    3.39    (0.27)       (0.27)
10/31/2023   11.77    0.26    0.80    1.06    (0.29)       (0.29)
10/31/2022   17.88    0.31    (4.41)   (4.10)   (0.26)   (1.75)   (2.01)
10/31/2021   13.56    0.21    4.32    4.53    (0.21)       (0.21)
Class P                                   
4/30/2026(c)   18.47    0.10    2.49    2.59    (0.15)   (0.73)   (0.88)
10/31/2025   15.48    0.22    3.36    3.58    (0.18)   (0.41)   (0.59)
10/31/2024   12.40    0.18    3.11    3.29    (0.21)       (0.21)
10/31/2023   11.63    0.19    0.81    1.00    (0.23)       (0.23)
10/31/2022   17.69    0.24    (4.37)   (4.13)   (0.18)   (1.75)   (1.93)
10/31/2021   13.42    0.09    4.31    4.40    (0.13)       (0.13)
Class R2                                   
4/30/2026(c)   18.42    0.09    2.48    2.57    (0.13)   (0.73)   (0.86)
10/31/2025   15.44    0.19    3.36    3.55    (0.16)   (0.41)   (0.57)
10/31/2024   12.37    0.15    3.12    3.27    (0.20)       (0.20)
10/31/2023   11.62    0.17    0.79    0.96    (0.21)       (0.21)
10/31/2022   17.67    0.22    (4.37)   (4.15)   (0.15)   (1.75)   (1.90)
10/31/2021   13.39    0.12    4.25    4.37    (0.09)       (0.09)

 

102 See Notes to Financial Statements.
 
      Ratios to Average Net Assets:  Supplemental Data:
        
Net
asset
value,
end of
period
  Total
return
(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                 
$20.10     14.81(d)      0.87(e)     0.90(e)     1.29(e)   $214,452    37(d)  
 18.42    24.30    0.91    0.94    1.49    187,898    102 
 15.44    27.03    0.94    0.97    1.38    153,922    89 
 12.37    8.72    0.95    0.99    1.65    132,735    106 
 11.61    (25.75)   1.17    1.22    1.89    131,097    87 
 17.67    33.15    1.17    1.19    1.04    193,680    58 
                                 
 20.19    14.45(d)    1.62(e)    1.65(e)    0.67(e)    3,368    37(d) 
 18.46    23.36    1.66    1.68    0.71    1,931    102 
 15.45    26.10    1.69    1.72    0.61    1,222    89 
 12.31    7.82    1.72    1.76    0.63    1,414    106 
 11.53    (26.26)   1.92    1.97    1.09    4,161    87 
 17.54    32.20    1.92    1.94    0.28    7,622    58 
                                 
 20.02    14.92(d)    0.72(e)    0.75(e)    1.43(e)    8,732    37(d) 
 18.36    24.52    0.76    0.78    1.56    7,492    102 
 15.39    27.19    0.79    0.82    1.53    4,256    89 
 12.33    8.89    0.80    0.84    1.68    3,894    106 
 11.57    (25.57)   0.96    1.06    1.76    7,986    87 
 17.61    33.43    0.96    1.04    1.30    24,909    58 
                                 
 20.49    15.01(d)    0.56(e)    0.59(e)    1.68(e)    86,202    37(d) 
 18.77    24.64    0.60    0.62    1.82    60,826    102 
 15.72    27.48    0.61    0.64    1.68    15,859    89 
 12.58    9.07    0.61    0.65    2.08    11,841    106 
 11.80    (25.50)   0.84    0.89    2.39    5,987    87 
 17.92    33.57    0.84    0.86    1.38    5,928    58 
                                 
 20.39    14.96(d)    0.62(e)    0.65(e)    1.64(e)    349,082    37(d) 
 18.69    24.60    0.66    0.69    1.69    226,150    102 
 15.66    27.38    0.69    0.72    1.63    147,149    89 
 12.54    8.98    0.69    0.73    1.94    136,201    106 
 11.77    (25.51)   0.86    0.97    2.23    121,926    87 
 17.88    33.55    0.86    0.94    1.24    170,044    58 
                                 
 20.18    14.72(d)    1.02(e)    1.05(e)    1.09(e)    16    37(d) 
 18.47    24.06    1.09    1.11    1.33    15    102 
 15.48    26.81    1.11    1.14    1.22    13    89 
 12.40    8.57    1.14    1.18    1.44    10    106 
 11.63    (25.89)   1.37    1.39    1.71    9    87 
 17.69    32.90    1.37    1.39    0.53    13    58 
                                 
 20.13    14.62(d)    1.22(e)    1.25(e)    0.97(e)    378    37(d) 
 18.42    23.87    1.26    1.29    1.15    308    102 
 15.44    26.64    1.29    1.32    1.04    225    89 
 12.37    8.27    1.30    1.34    1.30    169    106 
 11.62    (25.98)   1.52    1.58    1.60    143    87 
 17.67    32.70    1.52    1.54    0.70    178    58 

 

  See Notes to Financial Statements. 103
 

Financial Highlights (concluded)

INTERNATIONAL EQUITY FUND

 

      Per Share Operating Performance:
      Investment Operations:  Distributions to
shareholders from:
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R3                                   
4/30/2026(c)  $18.08   $0.09   $2.44   $2.53   $(0.14)  $(0.73)  $(0.87)
10/31/2025   15.16    0.20    3.30    3.50    (0.17)   (0.41)   (0.58)
10/31/2024   12.15    0.17    3.04    3.21    (0.20)       (0.20)
10/31/2023   11.40    0.19    0.78    0.97    (0.22)       (0.22)
10/31/2022   17.38    0.22    (4.28)   (4.06)   (0.17)   (1.75)   (1.92)
10/31/2021   13.20    0.13    4.18    4.31    (0.13)       (0.13)
Class R4                                   
4/30/2026(c)   18.30    0.12    2.46    2.58    (0.19)   (0.73)   (0.92)
10/31/2025   15.35    0.23    3.35    3.58    (0.22)   (0.41)   (0.63)
10/31/2024   12.30    0.20    3.09    3.29    (0.24)       (0.24)
10/31/2023   11.55    0.22    0.79    1.01    (0.26)       (0.26)
10/31/2022   17.58    0.26    (4.33)   (4.07)   (0.21)   (1.75)   (1.96)
10/31/2021   13.35    0.18    4.23    4.41    (0.18)       (0.18)
Class R5                                   
4/30/2026(c)   18.54    0.15    2.49    2.64    (0.23)   (0.73)   (0.96)
10/31/2025   15.54    0.27    3.39    3.66    (0.25)   (0.41)   (0.66)
10/31/2024   12.45    0.29    3.07    3.36    (0.27)       (0.27)
10/31/2023   11.69    0.25    0.80    1.05    (0.29)       (0.29)
10/31/2022   17.78    0.21    (4.29)   (4.08)   (0.26)   (1.75)   (2.01)
10/31/2021   13.50    0.22    4.27    4.49    (0.21)       (0.21)
Class R6                                   
4/30/2026(c)   18.76    0.16    2.52    2.68    (0.23)   (0.73)   (0.96)
10/31/2025   15.71    0.31    3.40    3.71    (0.25)   (0.41)   (0.66)
10/31/2024   12.57    0.26    3.16    3.42    (0.28)       (0.28)
10/31/2023   11.79    0.26    0.81    1.07    (0.29)       (0.29)
10/31/2022   17.91    0.31    (4.42)   (4.11)   (0.26)   (1.75)   (2.01)
10/31/2021   13.58    0.23    4.32    4.55    (0.22)       (0.22)

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

104 See Notes to Financial Statements.
 
         Ratios to Average Net Assets:  Supplemental Data:
         
Net
asset
value,
end of
period
  Total
return
(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                  
$19.74    14.69(d)    1.12(e)    1.15(e)    1.03(e)   $ 7,578        37(d) 
 18.08    24.01    1.16    1.19    1.26    6,843    102 
 15.16    26.68    1.19    1.22    1.19    5,714    89 
 12.15    8.42    1.19    1.23    1.44    4,530    106 
 11.40    (25.88)   1.42    1.47    1.63    4,203    87 
 17.38    32.81    1.42    1.44    0.80    6,114    58 
                                 
 19.96    14.81(d)    0.87(e)    0.90(e)    1.26(e)    2,985    37(d) 
 18.30    24.31    0.91    0.94    1.44    2,646    102 
 15.35    27.01    0.94    0.97    1.36    2,220    89 
 12.30    8.70    0.95    0.99    1.68    1,359    106 
 11.55    (25.71)   1.17    1.23    1.93    1,306    87 
 17.58    33.11    1.17    1.19    1.06    1,685    58 
                                 
 20.22    14.98(d)    0.62(e)    0.65(e)    1.64(e)    425    37(d) 
 18.54    24.60    0.66    0.69    1.63    269    102 
 15.54    27.33    0.71    0.73    1.87    242    89 
 12.45    8.96    0.69    0.73    1.93    14    106 
 11.69    (25.56)   0.92    0.96    1.42    14    87 
 17.78    33.50    0.92    0.94    1.30    81    58 
                                 
 20.48    15.02(d)    0.56(e)    0.59(e)    1.65(e)    48,705    37(d) 
 18.76    24.66    0.60    0.62    1.85    6,462    102 
 15.71    27.50    0.61    0.64    1.71    4,616    89 
 12.57    9.08    0.62    0.66    1.99    3,263    106 
 11.79    (25.51)   0.84    0.88    2.21    2,639    87 
 17.91    33.60    0.84    0.86    1.36    4,180    58 

 

  See Notes to Financial Statements. 105
 

Financial Highlights

INTERNATIONAL OPPORTUNITIES FUND

 

      Per Share Operating Performance:      
      Investment Operations:  Distributions
to
shareholders
from:
      
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
asset
value,
end of
period
  Total
return
(b)
(%)
Class A                                                                      
4/30/2026(c)  $21.84   $0.06   $3.02   $3.08   $(0.35)  $24.57    14.31(d) 
10/31/2025   18.96    0.33    2.89    3.22    (0.34)   21.84    17.34 
10/31/2024   15.94    0.32    2.97    3.29    (0.27)   18.96    20.77 
10/31/2023   14.80    0.24    1.17    1.41    (0.27)   15.94    9.54 
10/31/2022   21.36    0.19    (6.27)   (6.08)   (0.48)   14.80    (29.03)
10/31/2021   15.69    0.20    5.47    5.67        21.36    36.14 
Class C                                   
4/30/2026(c)   20.02    (0.03)   2.80    2.77    (0.15)   22.64    13.93(d) 
10/31/2025   17.37    0.16    2.66    2.82    (0.17)   20.02    16.43 
10/31/2024   14.60    0.16    2.73    2.89    (0.12)   17.37    19.82 
10/31/2023   13.54    0.09    1.10    1.19    (0.13)   14.60    8.76 
10/31/2022   19.57    0.05    (5.76)   (5.71)   (0.32)   13.54    (29.58)
10/31/2021   14.47    0.04    5.06    5.10        19.57    35.25 
Class F                                   
4/30/2026(c)   21.67    0.08    2.99    3.07    (0.38)   24.36    14.41(d) 
10/31/2025   18.81    0.34    2.89    3.23    (0.37)   21.67    17.54 
10/31/2024   15.81    0.35    2.94    3.29    (0.29)   18.81    20.92 
10/31/2023   14.67    0.19    1.23    1.42    (0.28)   15.81    9.70 
10/31/2022   21.19    0.22    (6.23)   (6.01)   (0.51)   14.67    (28.93)
10/31/2021   15.53    0.23    5.43    5.66        21.19    36.38 
Class F3                                   
4/30/2026(c)   22.83    0.10    3.15    3.25    (0.40)   25.68    14.49(d) 
10/31/2025   19.79    0.41    3.02    3.43    (0.39)   22.83    17.73 
10/31/2024   16.62    0.39    3.10    3.49    (0.32)   19.79    21.13 
10/31/2023   15.41    0.30    1.23    1.53    (0.32)   16.62    9.94 
10/31/2022   22.22    0.27    (6.54)   (6.27)   (0.54)   15.41    (28.83)
10/31/2021   16.26    0.29    5.67    5.96        22.22    36.65 
Class I                                   
4/30/2026(c)   22.62    0.09    3.13    3.22    (0.40)   25.44    14.49(d) 
10/31/2025   19.63    0.40    2.98    3.38    (0.39)   22.62    17.61 
10/31/2024   16.50    0.38    3.07    3.45    (0.32)   19.63    21.02 
10/31/2023   15.31    0.29    1.22    1.51    (0.32)   16.50    9.85 
10/31/2022   22.08    0.24    (6.48)   (6.24)   (0.53)   15.31    (28.85)
10/31/2021   16.17    0.26    5.65    5.91        22.08    36.55 
Class P                                   
4/30/2026(c)   22.57    0.04    3.13    3.17    (0.31)   25.43    14.23(d) 
10/31/2025   19.59    0.30    2.98    3.28    (0.30)   22.57    17.07 
10/31/2024   16.37    0.29    3.06    3.35    (0.13)   19.59    20.49 
10/31/2023   15.18    0.19    1.23    1.42    (0.23)   16.37    9.37 
10/31/2022   21.89    0.17    (6.45)   (6.28)   (0.43)   15.18    (29.19)
10/31/2021   16.10    0.17    5.62    5.79        21.89    35.96 
Class R2                                   
4/30/2026(c)   21.37    0.03    2.96    2.99    (0.25)   24.11    14.14(d) 
10/31/2025   18.56    0.25    2.83    3.08    (0.27)   21.37    16.89 
10/31/2024   15.59    0.24    2.92    3.16    (0.19)   18.56    20.35 
10/31/2023   14.48    0.15    1.18    1.33    (0.22)   15.59    9.17 
10/31/2022   20.89    0.13    (6.15)   (6.02)   (0.39)   14.48    (29.28)
10/31/2021   15.39    0.12    5.38    5.50        20.89    35.74 

 

106 See Notes to Financial Statements.
 
Ratios to Average Net Assets:  Supplemental Data:
             
Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                  
 1.23(e)    1.25(e)    0.55(e)   $108,466    67(d) 
 1.25    1.29    1.65    97,815    98 
 1.24    1.25    1.71    92,403    50 
 1.22    1.25    1.38    85,371    39 
 1.22    1.26    1.10    84,505    70 
 1.19    1.21    1.00    130,088    74 
                       
 1.98(e)    2.00(e)    (0.31)(e)    1,721    67(d) 
 2.00    2.04    0.90    2,220    98 
 1.99    2.00    0.96    3,397    50 
 1.98    2.01    0.56    4,729    39 
 1.97    2.00    0.30    7,226    70 
 1.95    1.96    0.22    14,488    74 
                       
 1.08(e)    1.10(e)    0.74(e)    3,057    67(d) 
 1.10    1.14    1.71    2,449    98 
 1.09    1.10    1.89    2,545    50 
 1.08    1.11    1.16    3,683    39 
 1.07    1.10    1.22    13,570    70 
 1.05    1.06    1.13    54,601    74 
                       
 0.91(e)    0.93(e)    0.86(e)    35,115    67(d) 
 0.92    0.96    1.98    32,654    98 
 0.91    0.92    2.04    30,426    50 
 0.89    0.92    1.68    27,245    39 
 0.89    0.93    1.47    25,732    70 
 0.86    0.88    1.36    30,504    74 
                       
 0.98(e)    1.00(e)    0.79(e)    167,636    67(d) 
 1.00    1.04    1.92    152,728    98 
 0.99    1.00    1.96    154,096    50 
 0.97    1.00    1.64    143,466    39 
 0.97    1.01    1.34    153,655    70 
 0.95    0.96    1.24    193,183    74 
                       
 1.42(e)    1.44(e)    0.37(e)    40    67(d) 
 1.45    1.49    1.46    34    98 
 1.44    1.45    1.51    27    50 
 1.43    1.46    1.09    21    39 
 1.42    1.46    0.93    113    70 
 1.39    1.41    0.80    140    74 
                       
 1.58(e)    1.60(e)    0.30(e)    1,703    67(d) 
 1.60    1.64    1.27    1,731    98 
 1.59    1.60    1.34    1,571    50 
 1.57    1.60    0.93    1,402    39 
 1.57    1.61    0.72    1,913    70 
 1.55    1.56    0.63    2,771    74 

 

  See Notes to Financial Statements. 107
 

Financial Highlights (concluded)

INTERNATIONAL OPPORTUNITIES FUND

 

      Per Share Operating Performance:      
      Investment Operations:  Distributions
to
shareholders
from:
      
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
asset
value,
end of
period
  Total
return
(b)
(%)
Class R3                                                                                    
4/30/2026(c)  $21.34   $0.04   $2.95   $2.99   $(0.29)  $24.04    14.22(d) 
10/31/2025   18.53    0.28    2.82    3.10    (0.29)   21.34    17.05 
10/31/2024   15.59    0.27    2.91    3.18    (0.24)   18.53    20.45 
10/31/2023   14.47    0.19    1.16    1.35    (0.23)   15.59    9.30 
10/31/2022   20.82    0.15    (6.15)   (6.00)   (0.35)   14.47    (29.24)
10/31/2021   15.32    0.10    5.40    5.50        20.82    35.90 
Class R4                                   
4/30/2026(c)   21.71    0.06    3.00    3.06    (0.34)   24.43    14.35(d) 
10/31/2025   18.85    0.34    2.86    3.20    (0.34)   21.71    17.35 
10/31/2024   15.86    0.32    2.95    3.27    (0.28)   18.85    20.73 
10/31/2023   14.72    0.24    1.17    1.41    (0.27)   15.86    9.54 
10/31/2022   21.26    0.19    (6.25)   (6.06)   (0.48)   14.72    (29.02)
10/31/2021   15.61    0.18    5.47    5.65        21.26    36.19 
Class R5                                   
4/30/2026(c)   22.61    0.09    3.13    3.22    (0.40)   25.43    14.50(d) 
10/31/2025   19.62    0.40    2.98    3.38    (0.39)   22.61    17.62 
10/31/2024   16.49    0.38    3.07    3.45    (0.32)   19.62    21.03 
10/31/2023   15.30    0.29    1.22    1.51    (0.32)   16.49    9.85 
10/31/2022   22.07    0.24    (6.48)   (6.24)   (0.53)   15.30    (28.88)
10/31/2021   16.17    0.14    5.76    5.90        22.07    36.49 
Class R6                                   
4/30/2026(c)   22.83    0.10    3.16    3.26    (0.40)   25.69    14.53(d) 
10/31/2025   19.79    0.42    3.01    3.43    (0.39)   22.83    17.72 
10/31/2024   16.62    0.40    3.09    3.49    (0.32)   19.79    21.13 
10/31/2023   15.41    0.30    1.23    1.53    (0.32)   16.62    9.94 
10/31/2022   22.22    0.26    (6.53)   (6.27)   (0.54)   15.41    (28.83)
10/31/2021   16.26    0.24    5.72    5.96        22.22    36.65 

 

(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

108 See Notes to Financial Statements.
 
Ratios to Average Net Assets:  Supplemental Data:
             
Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                           
 1.48(e)    1.50(e)    0.35(e)   $6,256    67(d) 
 1.50    1.54    1.42    5,166    98 
 1.49    1.50    1.49    4,706    50 
 1.47    1.50    1.16    4,508    39 
 1.47    1.51    0.84    4,129    70 
 1.45    1.47    0.51    6,838    74 
                       
 1.23(e)    1.25(e)    0.55(e)    3,085    67(d) 
 1.25    1.29    1.68    2,732    98 
 1.24    1.25    1.72    2,683    50 
 1.22    1.25    1.39    2,278    39 
 1.22    1.26    1.10    1,935    70 
 1.20    1.22    0.91    2,869    74 
                       
 0.98(e)    1.00(e)    0.77(e)    2,229    67(d) 
 1.00    1.04    1.93    2,175    98 
 0.99    1.00    1.98    2,105    50 
 0.97    1.00    1.62    2,009    39 
 0.97    1.00    1.33    1,877    70 
 0.95    0.97    0.70    3,283    74 
                       
 0.91(e)    0.93(e)    0.83(e)    18,131    67(d) 
 0.92    0.96    1.99    18,204    98 
 0.91    0.92    2.05    17,454    50 
 0.89    0.92    1.70    16,179    39 
 0.89    0.93    1.42    15,946    70 
 0.87    0.89    1.14    25,184    74 

 

  See Notes to Financial Statements. 109
 

Financial Highlights

INTERNATIONAL VALUE FUND

 

       Per Share Operating Performance:    
       Investment Operations:  Distributions
to
shareholders
from:
    
   Net asset
value,
beginning
of period
  Net
investment
income

(loss)(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
investment
income
  Net asset
value,
end of
period
Class A                                                                              
4/30/2026(c)  $9.87   $0.11   $1.30   $1.41   $(0.08)  $11.20 
10/31/2025   8.05    0.28    1.82    2.10    (0.28)   9.87 
10/31/2024   6.81    0.26    1.27    1.53    (0.29)   8.05 
10/31/2023   6.14    0.19    0.68    0.87    (0.20)   6.81 
10/31/2022   8.00    0.26    (1.79)   (1.53)   (0.33)   6.14 
10/31/2021   6.03    0.21    1.98    2.19    (0.22)   8.00 
Class C                              
4/30/2026(c)   9.80    0.08    1.29    1.37    (0.05)   11.12 
10/31/2025   8.00    0.21    1.80    2.01    (0.21)   9.80 
10/31/2024   6.76    0.20    1.26    1.46    (0.22)   8.00 
10/31/2023   6.09    0.13    0.68    0.81    (0.14)   6.76 
10/31/2022   7.93    0.22    (1.79)   (1.57)   (0.27)   6.09 
10/31/2021   5.98    0.15    1.96    2.11    (0.16)   7.93 
Class F                              
4/30/2026(c)   9.96    0.12    1.31    1.43    (0.09)   11.30 
10/31/2025   8.12    0.29    1.84    2.13    (0.29)   9.96 
10/31/2024   6.87    0.28    1.27    1.55    (0.30)   8.12 
10/31/2023   6.18    0.19    0.70    0.89    (0.20)   6.87 
10/31/2022   8.04    0.31    (1.83)   (1.52)   (0.34)   6.18 
10/31/2021   6.06    0.23    1.98    2.21    (0.23)   8.04 
Class F3                              
4/30/2026(c)   9.99    0.13    1.32    1.45    (0.10)   11.34 
10/31/2025   8.14    0.31    1.84    2.15    (0.30)   9.99 
10/31/2024   6.87    0.29    1.28    1.57    (0.30)   8.14 
10/31/2023   6.19    0.22    0.68    0.90    (0.22)   6.87 
10/31/2022   8.06    0.28    (1.80)   (1.52)   (0.35)   6.19 
10/31/2021   6.07    0.24    1.99    2.23    (0.24)   8.06 
Class I                              
4/30/2026(c)   9.97    0.13    1.31    1.44    (0.10)   11.31 
10/31/2025   8.13    0.30    1.84    2.14    (0.30)   9.97 
10/31/2024   6.87    0.29    1.27    1.56    (0.30)   8.13 
10/31/2023   6.19    0.22    0.68    0.90    (0.22)   6.87 
10/31/2022   8.06    0.32    (1.84)   (1.52)   (0.35)   6.19 
10/31/2021   6.07    0.25    1.98    2.23    (0.24)   8.06 
Class R2                              
4/30/2026(c)   10.14    0.10    1.34    1.44    (0.06)   11.52 
10/31/2025   8.27    0.25    1.87    2.12    (0.25)   10.14 
10/31/2024   6.99    0.24    1.30    1.54    (0.26)   8.27 
10/31/2023   6.30    0.18    0.70    0.88    (0.19)   6.99 
10/31/2022   8.21    0.21    (1.81)   (1.60)   (0.31)   6.30 
10/31/2021   6.18    0.19    2.03    2.22    (0.19)   8.21 
Class R3                              
4/30/2026(c)   10.00    0.10    1.32    1.42    (0.07)   11.35 
10/31/2025   8.15    0.26    1.85    2.11    (0.26)   10.00 
10/31/2024   6.89    0.24    1.28    1.52    (0.26)   8.15 
10/31/2023   6.22    0.18    0.68    0.86    (0.19)   6.89 
10/31/2022   8.09    0.24    (1.80)   (1.56)   (0.31)   6.22 
10/31/2021   6.10    0.20    1.99    2.19    (0.20)   8.09 

 

110 See Notes to Financial Statements.
 
    Ratios to Average Net Assets:  Supplemental Data:
        
Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                                                            
 14.37(d)    0.93(e)    0.95(e)    2.11(e)   $264,783    34(d) 
 26.45    0.96    0.98    3.13    240,603    66 
 22.53    0.97    0.99    3.35    209,747    54 
 14.09    0.98    1.02    2.72    190,585    46 
 (19.56)   1.12    1.18    3.66    181,412    67 
 36.44    1.12    1.14    2.73    242,422    61 
                            
 13.99(d)    1.68(e)    1.70(e)    1.59(e)    3,220    34(d) 
 25.40    1.71    1.73    2.40    2,028    66 
 21.74    1.72    1.74    2.62    1,787    54 
 13.22    1.74    1.78    1.91    2,733    46 
 (20.19)   1.87    1.93    3.00    5,037    67 
 35.37    1.87    1.89    1.88    10,707    61 
                            
 14.43(d)    0.78(e)    0.80(e)    2.25(e)    5,584    34(d) 
 26.66    0.81    0.83    3.28    5,250    66 
 22.65    0.82    0.84    3.49    4,933    54 
 14.33    0.83    0.89    2.71    4,786    46 
 (19.45)   0.92    1.02    4.11    9,803    67 
 36.78    0.92    0.99    2.93    29,094    61 
                            
 14.55(d)    0.61(e)    0.63(e)    2.45(e)    54,494    34(d) 
 26.84    0.63    0.65    3.45    45,927    66 
 23.07    0.64    0.66    3.65    34,183    54 
 14.42    0.65    0.69    3.07    28,831    46 
 (19.32)   0.80    0.87    3.92    22,938    67 
 36.87    0.79    0.83    3.06    25,103    61 
                            
 14.47(d)    0.68(e)    0.70(e)    2.34(e)    178,084    34(d) 
 26.75    0.71    0.73    3.37    167,048    66 
 22.92    0.72    0.74    3.60    148,827    54 
 14.42    0.73    0.77    3.00    125,953    46 
 (19.33)   0.82    0.91    4.23    117,542    67 
 36.86    0.82    0.89    3.14    334,988    61 
                            
 14.28(d)    1.28(e)    1.30(e)    1.76(e)    89    34(d) 
 25.93    1.31    1.33    2.76    78    66 
 22.09    1.31    1.33    3.02    59    54 
 13.83    1.32    1.36    2.47    54    46 
 (19.92)   1.47    1.55    2.95    44    67 
 36.04    1.47    1.49    2.37    27    61 
                            
 14.36(d)    1.18(e)    1.20(e)    1.95(e)    6,668    34(d) 
 26.05    1.21    1.23    2.88    5,365    66 
 22.23    1.22    1.24    2.99    5,052    54 
 13.76    1.23    1.27    2.47    6,211    46 
 (19.67)   1.37    1.43    3.36    6,003    67 
 36.00    1.37    1.39    2.50    6,840    61 
     
  See Notes to Financial Statements. 111
 

Financial Highlights (concluded)

INTERNATIONAL VALUE FUND

 

       Per Share Operating Performance:    
       Investment Operations:  Distributions
to
shareholders
from:
    
   Net asset
value,
beginning
of period
  Net
investment
income

(loss)(a)
  Net
realized and
unrealized
gain/(loss)
  Total from
investment
operations
  Net
investment
income
  Net asset
value,
end of
period
Class R4                                                                              
4/30/2026(c)  $9.84   $0.08   $1.33   $1.41   $(0.05)  $11.20 
10/31/2025   8.03    0.28    1.81    2.09    (0.28)   9.84 
10/31/2024   6.79    0.26    1.27    1.53    (0.29)   8.03 
10/31/2023   6.12    0.21    0.66    0.87    (0.20)   6.79 
10/31/2022   7.98    0.27    (1.80)   (1.53)   (0.33)   6.12 
10/31/2021   6.01    0.24    1.95    2.19    (0.22)   7.98 
Class R5                              
4/30/2026(c)   9.92    0.13    1.32    1.45    (0.10)   11.27 
10/31/2025   8.09    0.30    1.83    2.13    (0.30)   9.92 
10/31/2024   6.84    0.29    1.26    1.55    (0.30)   8.09 
10/31/2023   6.16    0.21    0.69    0.90    (0.22)   6.84 
10/31/2022   8.03    0.27    (1.79)   (1.52)   (0.35)   6.16 
10/31/2021   6.05    0.24    1.98    2.22    (0.24)   8.03 
Class R6                              
4/30/2026(c)   9.99    0.13    1.32    1.45    (0.10)   11.34 
10/31/2025   8.14    0.31    1.84    2.15    (0.30)   9.99 
10/31/2024   6.87    0.29    1.28    1.57    (0.30)   8.14 
10/31/2023   6.19    0.22    0.68    0.90    (0.22)   6.87 
10/31/2022   8.06    0.29    (1.81)   (1.52)   (0.35)   6.19 
10/31/2021   6.07    0.24    1.99    2.23    (0.24)   8.06 
   
(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.

 

112 See Notes to Financial Statements.
 
    Ratios to Average Net Assets:  Supplemental Data:
        
Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
investment
income
(loss)
(%)
  Net assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                                                            
 14.38(d)    0.93(e)    0.95(e)    1.48(e)   $36    34(d) 
 26.39    0.96    0.98    3.18    178    66 
 22.61    0.97    0.99    3.29    164    54 
 14.11    0.98    1.02    2.88    107    46 
 (19.62)   1.12    1.18    3.70    109    67 
 36.35    1.12    1.14    2.98    153    61 
                            
 14.65(d)    0.66(e)    0.68(e)    2.37(e)    17    34(d) 
 26.76    0.71    0.73    3.37    15    66 
 22.88    0.69    0.71    3.63    12    54 
 14.49    0.73    0.77    2.94    10    46 
 (19.40)   0.87    0.93    3.69    14    67 
 36.82    0.87    0.88    3.09    15    61 
                            
 14.55(d)    0.61(e)    0.63(e)    2.41(e)    1,908    34(d) 
 26.84    0.63    0.65    3.46    1,683    66 
 23.07    0.64    0.66    3.69    1,714    54 
 14.43    0.65    0.69    3.01    1,608    46 
 (19.32)   0.80    0.87    3.97    1,374    67 
 36.87    0.79    0.83    3.06    1,375    61 
     
  See Notes to Financial Statements. 113
 

Financial Highlights

MICRO CAP GROWTH FUND

 

       Per Share Operating Performance:
       Investment Operations:  Distributions to
shareholders from:
                      
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                                                                           
4/30/2026(c)  $20.23   $(0.12)  $2.52   $2.40   $   $   $ 
10/31/2025   16.51    (0.18)   3.90    3.72             
10/31/2024   11.05    (0.17)   5.63    5.46             
10/31/2023   13.86    (0.16)   (2.65)   (2.81)            
10/31/2022   19.36    (0.13)   (5.37)   (5.50)            
10/31/2021   17.51    (0.25)   7.18    6.93        (5.08)   (5.08)
Class C                                   
4/30/2026(c)   23.82    (0.22)   2.95    2.73             
10/31/2025   19.59    (0.37)   4.60    4.23             
10/31/2024   13.21    (0.33)   6.71    6.38             
10/31/2023   16.70    (0.31)   (3.18)   (3.49)            
10/31/2022   23.49    (0.30)   (6.49)   (6.79)            
10/31/2021   20.44    (0.49)   8.62    8.13        (5.08)   (5.08)
Class F                                   
4/30/2026(c)   25.10    (0.11)   3.11    3.00             
10/31/2025   20.43    (0.17)   4.84    4.67             
10/31/2024   13.64    (0.16)   6.95    6.79             
10/31/2023   17.07    (0.15)   (3.28)   (3.43)            
10/31/2022   23.77    (0.12)   (6.58)   (6.70)            
10/31/2021   20.47    (0.25)   8.63    8.38        (5.08)   (5.08)
Class I                                   
4/30/2026(c)   25.09    (0.11)   3.12    3.01    (f)        (f) 
10/31/2025   20.43    (0.17)   4.83    4.66             
10/31/2024   13.64    (0.17)   6.96    6.79             
10/31/2023   17.07    (0.15)   (3.28)   (3.43)            
10/31/2022   23.77    (0.12)   (6.58)   (6.70)            
10/31/2021   20.47    (0.24)   8.62    8.38        (5.08)   (5.08)
   
(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Amount is less than $0.01.

 

114 See Notes to Financial Statements.
 
          Ratios to Average Net Assets:  Supplemental Data:
              
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                                                                         
$22.63    11.86(d)    1.36(e)    1.37(e)    (1.16)(e)   $27,959    46(d) 
 20.23    22.53    1.37    1.37    (1.08)   27,724    107 
 16.51    49.41    1.37    1.38    (1.19)   26,848    122 
 11.05    (20.27)   1.36    1.37    (1.16)   24,056    121 
 13.86    (28.41)   1.40    1.41    (0.91)   36,107    87 
 19.36    47.12    1.36    1.37    (1.29)   61,063    102 
                                 
 26.55    11.46(d)    2.11(e)    2.12(e)    (1.91)(e)   4,809    46(d) 
 23.82    21.59    2.12    2.12    (1.83)   5,085    107 
 19.59    48.30    2.12    2.13    (1.94)   5,353    122 
 13.21    (20.90)   2.12    2.13    (1.91)   4,641    121 
 16.70    (28.91)   2.15    2.16    (1.66)   6,827    87 
 23.49    46.03    2.12    2.13    (2.05)   13,532    102 
                                 
 28.10    12.00(d)    1.11(e)    1.22(e)    (0.91)(e)    4,424    46(d) 
 25.10    22.81    1.12    1.22    (0.83)   5,313    107 
 20.43    49.78    1.12    1.23    (0.93)   7,057    122 
 13.64    (20.09)   1.12    1.23    (0.90)   11,019    121 
 17.07    (28.19)   1.15    1.25    (0.63)   41,545    87 
 23.77    47.39    1.12    1.22    (1.05)   167,300    102 
                                 
 28.10    12.01(d)    1.11(e)    1.12(e)    (0.91)(e)    166,417    46(d) 
 25.09    22.81    1.12    1.12    (0.83)   168,881    107 
 20.43    49.78    1.12    1.13    (0.94)   155,430    122 
 13.64    (20.09)   1.11    1.12    (0.91)   123,214    121 
 17.07    (28.19)   1.15    1.16    (0.68)   149,122    87 
 23.77    47.39    1.11    1.12    (1.03)   155,420    102 
     
  See Notes to Financial Statements. 115
 

Financial Highlights

VALUE OPPORTUNITIES FUND

 

       Per Share Operating Performance:
       Investment Operations:  Distributions to
shareholders from:
                      
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class A                                                                                           
4/30/2026(c)  $18.57   $0.02   $2.30   $2.32   $(0.04)  $(1.06)  $(1.10)
10/31/2025   20.13    0.04    (0.30)   (0.26)       (1.30)   (1.30)
10/31/2024   15.52    0.02    4.85    4.87    (0.02)   (0.24)   (0.26)
10/31/2023   16.91    0.05    0.01    0.06    (0.11)   (1.34)   (1.45)
10/31/2022   23.70    0.10    (4.01)   (3.91)       (2.88)   (2.88)
10/31/2021   16.98    0.01    7.76    7.77    (0.05)   (1.00)   (1.05)
Class C                                   
4/30/2026(c)   14.29    (0.04)   1.75    1.71        (1.06)   (1.06)
10/31/2025   15.88    (0.07)   (0.22)   (0.29)       (1.30)   (1.30)
10/31/2024   12.36    (0.09)   3.85    3.76        (0.24)   (0.24)
10/31/2023   13.75    (0.05)   (f)    (0.05)       (1.34)   (1.34)
10/31/2022   19.92    (0.03)   (3.26)   (3.29)       (2.88)   (2.88)
10/31/2021   14.47    (0.13)   6.58    6.45        (1.00)   (1.00)
Class F                                   
4/30/2026(c)   19.29    0.03    2.40    2.43    (0.07)   (1.06)   (1.13)
10/31/2025   20.85    0.08    (0.32)   (0.24)   (0.02)   (1.30)   (1.32)
10/31/2024   16.06    0.05    5.02    5.07    (0.04)   (0.24)   (0.28)
10/31/2023   17.45    0.09    (0.01)(g)    0.08    (0.13)   (1.34)   (1.47)
10/31/2022   24.37    0.14    (4.15)   (4.01)   (0.03)   (2.88)   (2.91)
10/31/2021   17.42    0.04    7.98    8.02    (0.07)   (1.00)   (1.07)
Class F3                                   
4/30/2026(c)   20.18    0.05    2.51    2.56    (0.09)   (1.06)   (1.15)
10/31/2025   21.74    0.11    (0.33)   (0.22)   (0.04)   (1.30)   (1.34)
10/31/2024   16.72    0.09    5.24    5.33    (0.07)   (0.24)   (0.31)
10/31/2023   18.11    0.11    (f)    0.11    (0.16)   (1.34)   (1.50)
10/31/2022   25.16    0.18    (4.29)   (4.11)   (0.06)   (2.88)   (2.94)
10/31/2021   17.95    0.09    8.21    8.30    (0.09)   (1.00)   (1.09)
Class I                                   
4/30/2026(c)   19.89    0.04    2.47    2.51    (0.09)   (1.06)   (1.15)
10/31/2025   21.46    0.10    (0.33)   (0.23)   (0.04)   (1.30)   (1.34)
10/31/2024   16.53    0.06    5.17    5.23    (0.06)   (0.24)   (0.30)
10/31/2023   17.93    0.10    (f)    0.10    (0.16)   (1.34)   (1.50)
10/31/2022   24.95    0.15    (4.24)   (4.09)   (0.05)   (2.88)   (2.93)
10/31/2021   17.82    0.06    8.16    8.22    (0.09)   (1.00)   (1.09)
Class P                                   
4/30/2026(c)   17.83    (f)    2.21    2.21    (0.01)   (1.06)   (1.07)
10/31/2025   19.41    0.01    (0.29)   (0.28)       (1.30)   (1.30)
10/31/2024   14.98    (0.02)   4.69    4.67        (0.24)   (0.24)
10/31/2023   16.38    0.02    (0.01)(g)    0.01    (0.07)   (1.34)   (1.41)
10/31/2022   23.08    0.06    (3.88)   (3.82)       (2.88)   (2.88)
10/31/2021   16.55    (0.03)   7.56    7.53    (–)(f)    (1.00)   (1.00)
Class R2                                   
4/30/2026(c)   17.01    (0.02)   2.11    2.09        (1.06)   (1.06)
10/31/2025   18.60    (0.02)   (0.27)   (0.29)       (1.30)   (1.30)
10/31/2024   14.39    (0.04)   4.49    4.45        (0.24)   (0.24)
10/31/2023   15.78    (0.01)   0.01        (0.05)   (1.34)   (1.39)
10/31/2022   22.37    0.03    (3.74)   (3.71)       (2.88)   (2.88)
10/31/2021   16.09    (0.06)   7.34    7.28        (1.00)   (1.00)

 

116 See Notes to Financial Statements.
 
          Ratios to Average Net Assets:  Supplemental Data:
              
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                                                                         
$19.79    13.17(d)    1.18(e)    1.18(e)    0.17(e)   $548,000    16(d) 
 18.57    (1.90)   1.16    1.16    0.23    530,960    36 
 20.13    31.76    1.18    1.19    0.09    629,155    33 
 15.52    0.12    1.18    1.18    0.31    540,438    19 
 16.91    (19.11)   1.16    1.16    0.53    633,570    40 
 23.70    47.52    1.15    1.15    0.04    851,298    56 
                                 
 14.94    12.77(d)    1.93(e)    1.93(e)    (0.57)(e)   9,606    16(d) 
 14.29    (2.65)   1.91    1.92    (0.49)   10,652    36 
 15.88    30.84    1.93    1.94    (0.64)   22,728    33 
 12.36    (0.70)   1.93    1.93    (0.40)   28,372    19 
 13.75    (19.70)   1.91    1.91    (0.22)   45,211    40 
 19.92    46.42    1.90    1.90    (0.70)   76,310    56 
                                 
 20.59    13.25(d)    1.03(e)    1.03(e)    0.34(e)    17,829    16(d) 
 19.29    (1.73)   1.01    1.01    0.39    20,459    36 
 20.85    31.96    1.03    1.04    0.24    28,952    33 
 16.06    0.23    1.02    1.02    0.53    26,978    19 
 17.45    (19.01)   1.01    1.01    0.71    76,594    40 
 24.37    47.76    1.00    1.00    0.19    189,251    56 
                                 
 21.59    13.34(d)    0.84(e)    0.84(e)    0.51(e)    182,965    16(d) 
 20.18    (1.56)   0.83    0.84    0.55    173,968    36 
 21.74    32.28    0.83    0.83    0.44    195,578    33 
 16.72    0.40    0.83    0.83    0.65    172,839    19 
 18.11    (18.83)   0.82    0.82    0.87    194,437    40 
 25.16    48.05    0.81    0.81    0.38    255,539    56 
                                 
 21.25    13.28(d)    0.93(e)    0.93(e)    0.42(e)    295,783    16(d) 
 19.89    (1.63)   0.91    0.91    0.49    271,804    36 
 21.46    32.08    0.93    0.94    0.31    386,553    33 
 16.53    0.33    0.93    0.93    0.56    228,083    19 
 17.93    (18.88)   0.91    0.91    0.75    246,040    40 
 24.95    47.93    0.89    0.89    0.28    412,964    56 
                                 
 18.97    13.04(d)    1.38(e)    1.38(e)    (0.03)(e)    9,438    16(d) 
 17.83    (2.08)   1.36    1.36    0.03    9,004    36 
 19.41    31.53    1.38    1.39    (0.10)   10,950    33 
 14.98    (0.16)   1.38    1.38    0.11    10,682    19 
 16.38    (19.25)   1.36    1.36    0.33    12,663    40 
 23.08    47.19    1.35    1.35    (0.16)   17,141    56 
                                 
 18.04    12.97(d)    1.53(e)    1.53(e)    (0.18)(e)    3,173    16(d) 
 17.01    (2.24)   1.51    1.51    (0.12)   3,006    36 
 18.60    31.29    1.53    1.54    (0.25)   3,829    33 
 14.39    (0.26)   1.53    1.53    (0.04)   3,849    19 
 15.78    (19.38)   1.51    1.51    0.19    4,433    40 
 22.37    47.03    1.50    1.50    (0.30)   5,845    56 
     
  See Notes to Financial Statements. 117
 

Financial Highlights (concluded)

VALUE OPPORTUNITIES FUND

 

       Per Share Operating Performance:
       Investment Operations:  Distributions to
shareholders from:
                             
   Net asset
value,
beginning
of period
  Net
invest-
ment
income
(loss)
(a)
  Net
realized
and
unrealized
gain/(loss)
  Total
from
invest-
ment
opera-
tions
  Net
investment
income
  Net
realized
gain
  Total
distri-
butions
Class R3                                                                                                         
4/30/2026(c)  $17.46   $(0.01)  $2.17   $2.16   $   $(1.06)  $(1.06)
10/31/2025   19.04    (f)    (0.28)   (0.28)       (1.30)   (1.30)
10/31/2024   14.71    (0.03)   4.60    4.57        (0.24)   (0.24)
10/31/2023   16.10    0.01    0.01    0.02    (0.07)   (1.34)   (1.41)
10/31/2022   22.75    0.05    (3.82)   (3.77)       (2.88)   (2.88)
10/31/2021   16.33    (0.04)   7.46    7.42        (1.00)   (1.00)
Class R4                                   
4/30/2026(c)   18.54    0.02    2.29    2.31    (0.04)   (1.06)   (1.10)
10/31/2025   20.09    0.04    (0.29)   (0.25)       (1.30)   (1.30)
10/31/2024   15.49    0.02    4.84    4.86    (0.02)   (0.24)   (0.26)
10/31/2023   16.89    0.05    (f)    0.05    (0.11)   (1.34)   (1.45)
10/31/2022   23.67    0.10    (4.00)   (3.90)       (2.88)   (2.88)
10/31/2021   16.95    0.01    7.75    7.76    (0.04)   (1.00)   (1.04)
Class R5                                   
4/30/2026(c)   19.91    0.04    2.47    2.51    (0.09)   (1.06)   (1.15)
10/31/2025   21.48    0.09    (0.32)   (0.23)   (0.04)   (1.30)   (1.34)
10/31/2024   16.54    0.07    5.17    5.24    (0.06)   (0.24)   (0.30)
10/31/2023   17.94    0.10    (f)    0.10    (0.16)   (1.34)   (1.50)
10/31/2022   24.97    0.16    (4.26)   (4.10)   (0.05)   (2.88)   (2.93)
10/31/2021   17.83    0.06    8.17    8.23    (0.09)   (1.00)   (1.09)
Class R6                                   
4/30/2026(c)   20.16    0.05    2.51    2.56    (0.09)   (1.06)   (1.15)
10/31/2025   21.72    0.11    (0.33)   (0.22)   (0.04)   (1.30)   (1.34)
10/31/2024   16.71    0.09    5.23    5.32    (0.07)   (0.24)   (0.31)
10/31/2023   18.10    0.11    (f)    0.11    (0.16)   (1.34)   (1.50)
10/31/2022   25.14    0.18    (4.28)   (4.10)   (0.06)   (2.88)   (2.94)
10/31/2021   17.93    0.09    8.21    8.30    (0.09)   (1.00)   (1.09)
   
(a) Calculated using average shares outstanding during the period.
(b) Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.
(c) Unaudited.
(d) Not annualized.
(e) Annualized.
(f) Amount is less than $0.01.
(g) Realized and unrealized gain/(loss) per share does not correlate to the aggregate of the net realized and unrealized gain/(loss) in the Statement of Operations, primarily due to the timing of the sales and repurchases of the Fund’s shares in relation to fluctuating market values of the Fund’s portfolio.

 

118 See Notes to Financial Statements.
 
          Ratios to Average Net Assets:  Supplemental Data:
              
Net
asset
value,
end of
period
  Total
return(b)
(%)
  Total
expenses
after
waivers
and/or reim-
bursements
(%)
  Total
expenses
(%)
  Net
invest-
ment
income
(loss)
(%)
  Net
assets,
end of
period
(000)
  Portfolio
turnover
rate
(%)
                                                                                         
$18.56    13.04(d)    1.43(e)    1.43(e)    (0.08)(e)   $23,325    16(d) 
 17.46    (2.13)   1.41    1.41    (0.02)   22,137    36 
 19.04    31.42    1.43    1.44    (0.16)   29,584    33 
 14.71    (0.15)   1.43    1.43    0.07    26,523    19 
 16.10    (19.31)   1.41    1.41    0.28    31,104    40 
 22.75    47.20    1.40    1.40    (0.20)   42,047    56 
                                 
 19.75    13.15(d)    1.18(e)    1.18(e)    0.17(e)    26,823    16(d) 
 18.54    (1.85)   1.16    1.16    0.23    25,373    36 
 20.09    31.77    1.18    1.19    0.09    28,587    33 
 15.49    0.05    1.18    1.18    0.30    26,011    19 
 16.89    (19.09)   1.16    1.16    0.53    29,341    40 
 23.67    47.50    1.15    1.15    0.04    42,666    56 
                                 
 21.27    13.27(d)    0.93(e)    0.93(e)    0.41(e)    1,567    16(d) 
 19.91    (1.63)   0.90    0.91    0.47    1,419    36 
 21.48    32.13    0.93    0.94    0.33    1,384    33 
 16.54    0.32    0.93    0.93    0.55    999    19 
 17.94    (18.91)   0.91    0.91    0.77    1,247    40 
 24.97    47.87    0.90    0.90    0.28    2,066    56 
                                 
 21.57    13.36(d)    0.84(e)    0.84(e)    0.52(e)    15,124    16(d) 
 20.16    (1.56)   0.83    0.84    0.57    16,465    36 
 21.72    32.24    0.83    0.83    0.44    24,267    33 
 16.71    0.40    0.83    0.83    0.64    29,050    19 
 18.10    (18.80)   0.82    0.82    0.88    32,138    40 
 25.14    48.02    0.81    0.81    0.39    44,123    56 
     
  See Notes to Financial Statements. 119
 

Notes to Financial Statements (unaudited)

 

1. ORGANIZATION  

 

Lord Abbett Securities Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company and was organized as a Delaware statutory trust on February 26, 1993.

 

All funds are diversified except Lord Abbett Focused Growth Fund. This report covers the following thirteen funds (separately, a “Fund” and collectively, the “Funds”) and their respective active share classes:

 

Funds Classes
Lord Abbett Alpha Strategy Fund (“Alpha Strategy Fund”) A, C, F, F3, I, R2, R3, R4, R5 and R6
Lord Abbett Focused Growth Fund (“Focused Growth Fund”) A, C, F, F3, I, R3, R4, R5 and R6
Lord Abbett Focused Large Cap Value Fund (“Focused Large Cap Value Fund”) A, C, F, F3, I, R3, R4, R5 and R6
Lord Abbett Focused Small Cap Value Fund (“Focused Small Cap Value Fund”) A, C, F, F3, I, R5 and R6
Lord Abbett Fundamental Equity Fund (“Fundamental Equity Fund”) A, C, F, F3 I, P, R2, R3, R4, R5 and R6
Lord Abbett Global Equity Fund (“Global Equity Fund”) A, C, F, F3, I, R3, R4, R5 and R6
Lord Abbett Growth Leaders Fund (“Growth Leaders Fund”) A, C, F, F3, I, R2, R3, R4, R5 and R6
Lord Abbett Health Care Fund (“Health Care Fund”) A, C, F, F3, I, R3, R4, R5 and R6
Lord Abbett International Equity Fund (“International Equity Fund”) A, C, F, F3, I, P, R2, R3, R4, R5 and R6
Lord Abbett International Opportunities Fund (“International Opportunities Fund”) A, C, F, F3, I, P, R2, R3, R4, R5 and R6
Lord Abbett International Value Fund (“International Value Fund”) A, C, F, F3, I, R2, R3, R4, R5 and R6
Lord Abbett Micro-Cap Growth Fund (“Micro Cap Growth Fund”) A, C, F and I
Lord Abbett Value Opportunities Fund (“Value Opportunities Fund”) A, C, F, F3, I, P, R2, R3, R4, R5 and R6

 

The Funds’ Class P shares are closed to substantially all investors, with certain exceptions as set forth in the Funds’ prospectus.

 

Each of Focused Large Cap Value Fund’s, Global Equity Fund’s, Health Care Fund’s and International Equity Fund’s investment objective is to seek long-term capital appreciation. Alpha Strategy Fund’s, Focused Small Cap Value Fund’s, International Opportunities Fund’s, Micro Cap Growth Fund’s and Value Opportunities Fund’s investment objective is long-term capital appreciation. Alpha Strategy Fund invests principally in other funds (“Affiliated Fund(s)”) managed by Lord, Abbett & Co. LLC (“Lord Abbett”). Fundamental Equity Fund’s investment objective is long-term growth of capital and income without excessive fluctuations in market value. Growth Leaders Fund’s and Focused Growth Fund’s investment objective is to seek capital appreciation. International Value Fund’s investment objective is to seek a high level of total return.

 

Each class of shares has different expenses and dividends. A front-end sales charge is normally added to the net asset value (“NAV”) for Class A shares. There is no front-end sales charge in the case of Class C, F, F3, I, P, R2, R3, R4, R5 and R6 shares, although there may be a contingent deferred sales charge (“CDSC”) in certain cases as follows: Class A shares purchased without a sales charge and redeemed before the first day of the month in which the one-year anniversary of the purchase falls (subject to certain exceptions as set forth in each Fund’s prospectus); and Class C shares redeemed before the first anniversary of purchase. Class C shares automatically convert to Class A shares on the 25th day of the month (or, if the 25th day is not a business day, the next business day thereafter) following the eighth anniversary of the month on which the purchase order was accepted, provided that the Fund or financial intermediary through which a shareholder purchased Class C shares has records verifying that the Class C shares have been held at least eight years.

 

120

 

Notes to Financial Statements (unaudited)(continued)

 

Basis of Preparation

The Funds are investment companies and apply the accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services – Investment Companies. The preparation of the financial statements in conformity with generally accepted accounting principles in the United States of America (“U.S. GAAP”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

 

Segment Reporting

An operating segment is defined in FASB Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures (“ASU 2023-07”) as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity’s chief operating decision maker (“CODM”) to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available.

 

The CODM for the Funds is the Investment Committee of Lord Abbett, which represents the highest-level body responsible for evaluating each Fund’s operating performance and making decisions regarding resource allocation. The Investment Committee regularly reviews each Fund’s operating results, including investment performance and financial information, in making strategic and operational decisions.

 

The CODM has determined that each Fund has a single operating segment based on the fact that the CODM monitors the operating results of each Fund as a whole and that the Funds’ long-term strategic asset allocation is pre-determined in accordance with the terms of their prospectus, based on a defined investment strategy which is executed by the Funds’ portfolio managers as a team. The financial information provided to and reviewed by the CODM is consistent with that presented within the Funds’ Schedules of Investments, Statements of Assets and Liabilities, Statements of Operations, Statements of Changes in Net Assets and Financial Highlights.

 

2. SIGNIFICANT ACCOUNTING POLICIES  

 

(a) Investment ValuationUnder procedures approved by the Funds’ Board of Trustees (the “Board”), the Board has designated the determination of fair value of the Funds’ portfolio investments to Lord Abbett as its valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a pricing committee (the “Pricing Committee”) that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, to utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value.
   
  Securities actively traded on any recognized U.S. or non-U.S. exchange or on the NASDAQ Stock Market LLC are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close of regular trading on the New York Stock Exchange (“NYSE”).

 

121

 

Notes to Financial Statements (unaudited)(continued)

 

 

When valuing foreign equity securities that meet certain criteria, the Pricing Committee uses a third-party fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and ask prices. Investments in the Affiliated Funds are valued at their NAV each business day at the close of regular trading on the NYSE, normally 4:00 p.m. Eastern time.

 

Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use related or comparable assets or liabilities, recent transactions, market multiples, book values, and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof periodically reviews reports that may include fair value determinations made by the Pricing Committee, related market activity, inputs and assumptions, and retrospective comparison of prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee.

 

Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value. Investments in open-end money market mutual funds are valued at their NAV as of the close of each business day.

 

Fair Value MeasurementsFair value is defined as the price that each Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk – for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is summarized in the three broad Levels listed below:

 

  Level 1 – unadjusted quoted prices in active markets for identical investments;
       
  Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.); and
       
  Level 3 – significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments).

 

  A summary of inputs used in valuing each Fund’s investments as of April 30, 2026 and, if applicable, Level 3 rollforwards for the six months then ended is included in each Fund’s Schedule of Investments.

 

122

 

Notes to Financial Statements (unaudited)(continued)

 

  Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
   
(b) ExpensesExpenses incurred by the Trust that do not specifically relate to an individual fund are generally allocated to the Funds within the Trust on a pro rata basis by relative net assets. Expenses, excluding class-specific expenses, are allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day. In addition, Class F3 and R6 shares bear only their class-specific shareholder servicing expenses. Class A, C, F, P, R2, R3 and R4 shares bear their class-specific share of all expenses and fees relating to the Funds’ 12b-1 Distribution Plan.
   
(c) Foreign TaxesThe Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividend, capital gains on investments, or certain foreign currency transactions. All foreign taxes are recorded in accordance with the applicable tax regulations and rates that exist in foreign jurisdictions which each Fund invests. These foreign taxes, if any, are paid by each Fund and reflected in its Statement of Operations as follows: foreign taxes withheld at source are presented as a reduction of income, foreign taxes on securities lending income and foreign taxes on stock dividends are presented as a reduction of dividends, and foreign taxes on gains from sales of investments and foreign taxes on currency transactions are included in their respective net realized gain/(loss) categories. Foreign taxes payable or deferred as of April 30, 2026, if any, are disclosed on the Statements of Assets and Liabilities.
   
  The Funds file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction applicable to the laws, payment history and market convention. The Statements of Operations include tax reclaims recorded as well as professional and other fees, if any, associated with recovery of foreign withholding taxes.
   
(d) Foreign TransactionsThe books and records of each Fund are maintained in U.S. dollars and transactions denominated in foreign currencies are recorded in each Fund’s records at the rate prevailing when earned or recorded. Asset and liability accounts that are denominated in foreign currencies are adjusted daily to reflect current exchange rates and any unrealized gain/(loss), if applicable, is included in Net change in unrealized appreciation/(depreciation) on translation of assets and liabilities denominated in foreign currencies in each Fund’s Statement of Operations. The resultant exchange gains and losses upon settlement of such transactions, if applicable, are included in Net realized gain/(loss) on foreign currency related transactions in each Fund’s Statement of Operations. The Funds do not isolate that portion of the results of operations arising as a result of changes in the foreign exchange rates from the changes in market prices of the securities.
   
  Each Fund uses foreign currency exchange contracts to facilitate transactions in foreign-denominated securities. Losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts’ terms.
   
(e) Income TaxesIt is the policy of each Fund to meet the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.

 

123

 

Notes to Financial Statements (unaudited)(continued)

 

  Management has reviewed each Fund’s tax positions for all open tax years and has determined that as of April 30, 2026, no liability for Federal Income tax is required in each Fund’s financial statements for net unrecognized tax benefits. However, management’s conclusions may be subject to future review based on changes in, or the interpretation of, the accounting standards or tax laws and regulations. Each Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. Each Fund’s Federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service. The statutes of limitations on each Fund’s state and local tax returns may remain open for an additional year depending upon each Fund’s jurisdiction.
   
(f) Investment IncomeDividend income and capital gain distributions, if any, are recorded on the ex-dividend date. Interest income is recorded on an accrual basis as earned. Discounts are accreted and premiums are amortized using the effective interest method and are included in Interest and other, if applicable, in the Statements of Operations. Withholding taxes on foreign dividends, if applicable, have been provided for in accordance with the applicable country’s tax rules and rates. Investment income is allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day.
   
(g) Repurchase AgreementsEach Fund may enter into repurchase agreements with respect to securities. A repurchase agreement is a transaction in which a fund acquires a security and simultaneously commits to resell that security to the seller (a bank or securities dealer) at an agreed-upon price on an agreed-upon date. Each Fund requires at all times that the repurchase agreement be collateralized by cash, or by securities of the U.S. Government, its agencies, its instrumentalities, or U.S. Government sponsored enterprises having a value equal to, or in excess of, the value of the repurchase agreement (including accrued interest). If the seller of the agreement defaults on its obligation to repurchase the underlying securities at a time when the fair value of these securities has declined, each Fund may incur a loss upon disposition of the securities.
   
  Because the Funds’ repurchase agreements are not subject to master netting arrangements, no offsetting disclosures have been presented for these transactions.
   
(h) Security TransactionsSecurity transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Realized and unrealized gains/(losses) are allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day.
   
(i) When-Issued or Forward TransactionsEach Fund may purchase portfolio securities on a when-issued or forward basis. When-issued or forward transactions involve a commitment by a Fund to purchase securities, with payment and delivery (“settlement”) to take place in the future, in order to secure what is considered to be an advantageous price or yield at the time of entering into the transaction. During the period between purchase and settlement, the fair value of the securities will fluctuate and assets consisting of cash and/or marketable securities (normally short-term U.S. Government or U.S. Government sponsored enterprise securities) marked to market daily in an amount sufficient to make payment at settlement will be segregated at each Fund’s custodian in order to pay for the commitment. At the time each Fund makes the commitment to purchase a security on a when-issued basis, it will record the transaction and reflect the liability for the purchase and fair value of the security in determining its NAV. Each Fund, generally, has the ability to close out a purchase obligation on or before the settlement date rather than take delivery of the security. Under no circumstances will settlement for such securities take place more than 120 days after the purchase date.

 

124

 

Notes to Financial Statements (unaudited)(continued)

 

3. MANAGEMENT FEE AND OTHER TRANSACTIONS WITH AFFILIATES  

 

Management Fee

The Trust has a management fee agreement with Lord Abbett, pursuant to which Lord Abbett provides each Fund with investment management services and executive and other personnel, provides office space and pays for ordinary and necessary office and clerical expenses relating to research and statistical work and supervision of each Fund’s investment portfolio. The management fee is accrued daily and payable monthly.

 

The management fee is based on each Fund’s average daily net assets at the following annual rates:

 

Alpha Strategy Fund*   .10%  

 

* Lord Abbett is voluntarily waiving the entire management fee of .10%. Lord Abbett may discontinue the voluntary waiver at any time without notice.

 

Focused Growth Fund  
   
First $1 billion   .65%  
Next $1 billion   .63%  
Next $5 billion   .60%  
Over $7 billion   .59%  
       
Focused Large Cap Value Fund  
   
First $1 billion   .59%  
Over $1 billion   .53%  
       
Focused Small Cap Value Fund   .80%  
       
Fundamental Equity Fund    
     
First $200 million   .75%  
Next $300 million   .65%  
Over $500 million   .50%  
       
Global Equity Fund      
       
First $1 billion   .45%  
Next $2 billion   .43%  
Over $3 billion   .41%  
       
Growth Leaders Fund      
       
First $2 billion   .55%  
Over $2 billion   .50%  
       
Health Care Fund      
       
First $1 billion   .62%  
Over $1 billion   .51%  
       
International Equity Fund
 
First $1 billion   .45%  
Over $1 billion   .40%  
       
International Opportunities Fund
 
First $1 billion   .75%  
Next $1 billion   .70%  
Over $2 billion   .65%  

 

125

 

Notes to Financial Statements (unaudited)(continued)

 

International Value Fund
 
First $1 billion   .50%  
Over $1 billion   .48%  
       
Micro Cap Growth Fund   .90%  
       
Value Opportunities Fund
 
First $1 billion   .75%  
Next $1 billion   .70%  
Next $3 billion   .65%  
Over $5 billion   .58%  

 

For the six months ended April 30, 2026, the effective management fee, net of any applicable waivers, was at the following annualized rate of each Fund’s average daily net assets:

 

Fund   Net Effective
Management Fee
Alpha Strategy Fund   .00%
Focused Growth Fund   .48%
Focused Large Cap Value Fund   .00%
Focused Small Cap Value Fund   .73%
Fundamental Equity Fund   .54%
Global Equity Fund   .41%
Growth Leaders Fund   .51%
Health Care Fund   .00%
International Equity Fund   .45%
International Opportunities Fund   .75%
International Value Fund   .50%
Micro Cap Growth Fund   .90%
Value Opportunities Fund   .75%

 

In addition, Lord Abbett provides certain administrative services to each Fund pursuant to an Administrative Services Agreement in return for a fee at an annual rate of .04% of each Fund’s average daily net assets. The fund administration fee is accrued daily and payable monthly.

 

Lord Abbett voluntarily waived certain fees and expenses during the six months ended April 30, 2026:

 

Fund   Amount
Alpha Strategy Fund   $  4,204
Fundamental Equity Fund   47,320
Growth Leaders Fund   34,133
International Equity Fund   91,430
International Opportunities Fund   33,828
International Value Fund   50,820
Micro Cap Growth Fund   5,515
Value Opportunities Fund   22,992

 

126

 

Notes to Financial Statements (unaudited)(continued)

 

For the six months ended April 30, 2026 and continuing through February 28, 2027, Lord Abbett has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses, excluding any applicable 12b-1 fees, acquired fund fees and expenses, interest-related expenses, taxes, expenses related to litigation and potential litigation, and extraordinary expenses, to the following annual rates:

 

    Effective March 1, 2026     Prior to March 1, 2026
    Classes Classes
Fund   A, C, F, I, R2, R3,
R4 and R5
  F3 and R6   A, C, F, I, R2, R3,
R4 and R5
  F3 and R6
Focused Growth Fund   .80%     .73%     .80%     .70%
Focused Large Cap Value Fund   .71%     .63%     .71%     .69%
Focused Small Cap Value Fund   1.03%     .99%     1.03%     .99%
Global Equity Fund   .65%     .56%     .65%     .52%
Health Care Fund   .78%     .68%     .78%     .68%

 

All contractual fee waivers and expense reimbursement agreements between the Funds and Lord Abbett may be terminated only upon the approval of the Board.

 

12b-1 Distribution Plan

Each Fund has adopted a distribution plan with respect to Class A, C, F, P, R2, R3 and R4 pursuant to Rule 12b-1 under the 1940 Act, which provides for the payment of ongoing distribution and service fees to Lord Abbett Distributor LLC (the “Distributor”), an affiliate of Lord Abbett. The distribution and service fees are accrued daily and payable monthly. The following annual rates have been authorized by the Board pursuant to the plan:

 

Fees*   Class A   Class C   Class F (1)(2)    Class P (3)    Class R2   Class R3   Class R4
Service   .25%   .25%       .25%     .25%   .25%   .25%
Distribution     .75%   .10%     .20%     .35%   .25%  

 

* Each Fund may designate a portion of the aggregate fees attributable to service activities for purposes of calculating Financial Industry Regulatory Authority, Inc. sales charge limitations.
   
(1) The Class F shares Rule 12b-1 fee may be designated as a service fee in limited circumstances as described in the Funds’ prospectus.
   
(2) For the six months ended April 30, 2026 and continuing through February 28, 2027, the Distributor has contractually agreed to waive Focused Growth Fund’s, Focused Large Cap Value Fund’s, Focused Small Cap Value Fund’s, Growth Leaders Fund’s, Health Care Fund’s and Micro Cap Growth Fund’s 0.10% Rule 12b-1 fee for Class F shares. These agreements may be terminated only by the Funds’ Board.
   
(3) Fundamental Equity Fund, International Equity Fund, International Opportunities Fund and Value Opportunities Fund only.

 

Class F3, Class I, Class R5 and Class R6 shares do not have a distribution plan.

 

127

 

Notes to Financial Statements (unaudited)(continued)

 

Commissions

The Distributor received the following commissions on sales of shares of the Funds, after concessions were paid to authorized dealers, during the six months ended April 30, 2026:

 

  Distributor
Commissions
Dealers’
Concessions
Alpha Strategy Fund $12,819 $73,519
Focused Growth Fund 6,008 33,323
Focused Large Cap Value Fund 8,759 54,753
Focused Small Cap Value Fund 330 1,962
Fundamental Equity Fund 35,200 220,357
Global Equity Fund 16,839 136,306
Growth Leaders Fund 163,345 1,042,020
Health Care Fund 169 831
International Equity Fund 16,383 109,388
International Opportunities Fund 2,379 19,076
International Value Fund 10,482 66,504
Micro Cap Growth Fund 251 1,952
Value Opportunities Fund 10,483 57,633

 

The Distributor received the following amounts of CDSCs for the six months ended April 30, 2026:

 

   Class A   Class C 
Alpha Strategy Fund  $92   $ 
Focused Growth Fund       3,256 
Focused Large Cap Value Fund       384 
Focused Small Cap Value Fund       116 
Fundamental Equity Fund   2,649    2,011 
Global Equity Fund   5,629    673 
Growth Leaders Fund   2,439    22,565 
Health Care Fund        
International Equity Fund   264    448 
International Opportunities Fund       23 
International Value Fund   1,330    19 
Micro Cap Growth Fund       11 
Value Opportunities Fund   322    32 

 

One Trustee and certain of the Trust’s officers have an interest in Lord Abbett.

 

Other Related Parties

As of April 30, 2026, the percentages of the Funds’ outstanding shares owned by other Lord Abbett funds that invest principally in affiliated mutual funds managed by Lord Abbett were as follows:

 

Fund of Funds  Focused
Small
Cap
Value
Fund
  Funda-
mental
Equity
Fund
  Growth
Leaders
Fund
  Inter-
national
Equity
Fund
  Inter-
national
Oppor-
tunities
Fund
  Inter-
national
Value
Fund
  Micro
Cap
Growth
Fund
  Value
Oppor-
tunities
Fund
Alpha Strategy Fund  68.41%        37.03%    32.19%  11.23%
Multi-Asset Balanced Opportunity Fund    11.84%  3.09%  13.89%    16.94%    4.42%
Multi-Asset Income Fund    3.10%  0.64%  5.53%    5.90%   

 

128

 

Notes to Financial Statements (unaudited)(continued)

 

4. DISTRIBUTIONS AND TAX INFORMATION 

 

Dividends are paid from net investment income, if any. Capital gain distributions are paid from taxable net realized gains from investments transactions, reduced by allowable capital loss carryforwards, if any. The capital loss carryforward amount, if any, is available to offset future net capital gains. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amounts of dividends and distributions from net investment income and net realized capital gains are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profits for tax purposes, are reported as a tax return of capital.

 

The tax character of distributions paid during the six months ended April 30, 2026 was as follows:

 

Fund  Ordinary
Income
   Net
Long-Term
Capital Gains
   Return of
Capital
   Total
Distributions
Paid
 
Alpha Strategy Fund  $   $30,435,616   $   $30,435,616 
Focused Growth Fund                
Focused Large Cap Value Fund   351,887    189,778        541,664 
Focused Small Cap Value Fund   92,550    3,799,047        3,891,597 
Fundamental Equity Fund   12,044,416    147,063,016        159,107,432 
Global Equity Fund   2,488,575            2,488,575 
Growth Leaders Fund   648    156,862,211        156,862,859 
Health Care Fund   16,473            16,473 
International Equity Fund   6,100,060    21,224,216        27,324,276 
International Opportunities Fund   5,309,234            5,309,234 
International Value Fund   4,038,485            4,038,485 
Micro Cap Growth Fund   12,502            12,502 
Value Opportunities Fund   3,482,239    59,790,975        63,273,214 

 

The tax character of distributions paid during the fiscal year ended October 31, 2025 was as follows:

 

Fund  Ordinary
Income
   Net
Long-Term
Capital Gains
   Return of
Capital
   Total
Distributions
Paid
 
Alpha Strategy Fund  $1,036,715   $4,278,690   $   $5,315,405 
Focused Growth Fund                
Focused Large Cap Value Fund   467,552    208,371        675,923 
Focused Small Cap Value Fund       6,604,552        6,604,552 
Fundamental Equity Fund   36,019,343    93,357,484    -    129,376,827 
Global Equity Fund   492,077            492,077 
Growth Leaders Fund                
Health Care Fund   28,985            28,985 
International Equity Fund   4,976,901    8,698,818        13,675,719 
International Opportunities Fund   5,869,333            5,869,333 
International Value Fund   13,910,965            13,910,965 
Micro Cap Growth Fund                
Value Opportunities Fund   1,247,992    84,791,291        86,039,283 

 

129

 

Notes to Financial Statements (unaudited)(continued)

 

Net capital losses recognized by the Funds may be carried forward indefinitely and retain their character as short-term and/or long-term losses. Capital losses incurred that will be carried forward are as follows:

 

Fund  Short-Term
Losses
   Long-Term
Losses
   Net Capital
Losses
 
Alpha Strategy Fund  $   $   $ 
Focused Growth Fund   (3,190,362)       (3,190,362)
Focused Large Cap Value Fund            
Focused Small Cap Value Fund            
Fundamental Equity Fund            
Global Equity Fund   (2,973,617)       (2,973,617)
Growth Leaders Fund            
Health Care Fund   (951,380)       (951,380)
International Equity Fund            
International Opportunities Fund   (23,162,576)   (8,535,876)   (31,698,452)
International Value Fund   (202,054,830)   (147,688,340)   (349,743,170)
Micro Cap Growth Fund   (39,042,791)       (39,042,791)
Value Opportunities Fund            

 

As of April 30, 2026, the tax cost of investments and the breakdown of unrealized appreciation/(depreciation) for each Fund are shown below. The difference between book-basis and tax-basis unrealized appreciation/(depreciation) is attributable to the tax treatment of certain securities, certain distributions, other financial instruments and wash sales.

 

Fund  Tax Cost of
Investments
   Gross
Unrealized
Appreciation
   Gross
Unrealized
Depreciation
   Net
Unrealized
Appreciation/
(Depreciation)
 
Alpha Strategy Fund  $544,302,350   $120,535,422   $   $120,535,422 
Focused Growth Fund   118,041,770    46,582,294    (1,868,467)   44,713,827 
Focused Large Cap Value Fund   131,004,244    19,411,114    (1,750,366)   17,660,748 
Focused Small Cap Value Fund   73,167,817    24,469,783    (1,883,782)   22,586,001 
Fundamental Equity Fund   1,423,337,007    813,984,866    (34,729,530)   779,255,336 
Global Equity Fund   317,796,145    83,628,818    (10,019,988)   73,608,830 
Growth Leaders Fund   4,742,045,310    2,935,280,664    (118,570,644)   2,816,710,020 
Health Care Fund   6,241,374    2,287,838    (232,126)   2,055,712 
International Equity Fund   525,093,752    201,884,594    (6,466,390)   195,418,204 
International Opportunities Fund   268,286,512    83,636,612    (6,914,898)   76,721,714 
International Value Fund   427,419,932    99,619,066    (9,450,666)   90,168,400 
Micro Cap Growth Fund   149,804,314    74,430,974    (3,992,543)   70,438,431 
Value Opportunities Fund   786,583,690    393,399,957    (44,498,502)   348,901,455 

 

130

 

Notes to Financial Statements (unaudited)(continued)

 

5. PORTFOLIO SECURITIES TRANSACTIONS  

 

Purchases and sales of investment securities (excluding short-term investments) for the six months ended April 30, 2026 were as follows:

 

   U.S.
Government
Purchases
   Non-U.S.
Government
Purchases
   U.S.
Government
Sales
   Non-U.S.
Government
Sales
 
Alpha Strategy Fund  $   $21,437,872   $   $38,021,545 
Focused Growth Fund       115,356,579        115,307,306 
Focused Large Cap Value Fund       98,894,828        38,839,105 
Focused Small Cap Value Fund       28,419,605        32,101,543 
Fundamental Equity Fund       461,802,199        522,168,042 
Global Equity Fund       121,342,979        89,096,786 
Growth Leaders Fund       3,704,743,272        4,279,229,404 
Health Care Fund       3,084,477        3,382,726 
International Equity Fund       339,077,372        219,146,265 
International Opportunities Fund       212,637,310        223,596,255 
International Value Fund       166,742,237        186,700,606 
Micro Cap Growth Fund       87,486,622        114,276,133 
Value Opportunities Fund       169,942,508        261,068,400 

 

Each Fund is permitted to purchase and sell securities (“cross-trade”) from and to other Lord Abbett funds or client accounts pursuant to procedures approved by the Board in compliance with Rule 17a-7 under the 1940 Act (the “Rule”). Each cross-trade is executed at a fair market price in compliance with provisions of the Rule. For the six months ended April 30, 2026, the Funds did not engage in cross-trade purchases or sales.

 

6. TRUSTEES’ REMUNERATION  

 

The Trust’s officers and one Trustee, who are associated with Lord Abbett, do not receive any compensation from the Trust for serving in such capacities. Independent Trustees’ fees are allocated among all Lord Abbett-sponsored funds primarily based on the relative net assets of each fund. There is an equity-based plan available to all Independent Trustees under which Independent Trustees may elect to defer receipt of a portion of Trustees’ fees. The deferred amounts are treated as though equivalent dollar amounts had been invested in the Funds. Such amounts and earnings accrued thereon are included in Trustees’ fees in the Statements of Operations and in Trustees’ fees payable in the Statements of Assets and Liabilities and are not deductible for U.S. federal income tax purposes until such amounts are paid.

 

7. LINE OF CREDIT  

 

For the period ended April 30, 2026, the Funds (except Alpha Strategy Fund), and certain other funds managed by Lord Abbett (collectively, the “Participating Funds”) were party to a syndicated line of credit facility with various lenders for $1.675 billion (the “Syndicated Facility”) under which State Street Bank and Trust Company (“SSB”) participated as a lender and as agent for the lenders. The Participating Funds were subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million, $300 million, $700 million or $1 billion, in each case based on past borrowings and likelihood of future borrowings, among other factors.

 

131

 

Notes to Financial Statements (unaudited)(continued)

 

Effective June 5, 2026, the Participating Funds (except Alpha Strategy Fund) renewed the Syndicated Facility for $1.8 billion. The Participating Funds are subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million, $500 million, $700 million or $1 billion, in each case based on past borrowings and likelihood of future borrowings, among other factors.

 

For the period ended April 30, 2026, the Participating Funds were also party to an additional uncommitted line of credit facility with SSB for $330 million (the “Bilateral Facility”). Under the Bilateral Facility, the Participating Funds were subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million based on past borrowings and likelihood of future borrowings, among other factors.

 

Effective June 5, 2026, the Participating Funds (except Alpha Strategy Fund) renewed the Bilateral Facility in the same amount. The Participating Funds remain subject to the same borrowing limits as were in place prior to the renewal.

 

Interest associated with these credit facilities is charged to each Fund based on its borrowings generally at an amount above the Federal Funds rate or at the negotiated rate for swing line loans. In addition, there is a fee computed at an annual rate of 0.20% on the daily unused portion of the Syndicated Facility which is allocated among the Participating Funds at the end of each quarter and is included with Other Expenses on the Statements of Operations. There is no fee associated with the unused portion of the Bilateral Facility.

 

These credit facilities are to be used for short-term working capital purposes as additional sources of liquidity to satisfy redemptions.

 

For the six months ended April 30, 2026, the Funds did not utilize the Syndicated Facility or Bilateral Facility.

 

8. INTERFUND LENDING PROGRAM  

 

Pursuant to an exemptive order issued by the U.S. Securities and Exchange Commission (“SEC exemptive order”), certain registered open-end management investment companies managed by Lord Abbett, including each Fund, participate in a joint lending and borrowing program (the “Interfund Lending Program”). The SEC exemptive order allows the funds that participate in the Interfund Lending Program to borrow money from and lend money to each other for temporary or emergency purposes subject to the limitations and conditions.

 

During the six months ended April 30, 2026, the Funds did not participate as a borrower or lender in the Interfund Lending Program.

 

9. CUSTODIAN AND ACCOUNTING AGENT  

 

SSB is the Trust’s custodian and accounting agent. SSB performs custodial, accounting and recordkeeping functions relating to portfolio transactions and calculating each Fund’s NAV.

 

10. TRANSACTIONS WITH AFFILIATED ISSUERS  

 

An affiliated issuer is one in which a Fund has ownership of at least 5% of the outstanding voting securities of the underlying issuer at any point during the fiscal year or any company which is

 

132

 

Notes to Financial Statements (unaudited)(continued)

 

under common ownership or control. Alpha Strategy Fund had the following transactions with affiliated issuers (i.e. the Affiliated Funds) during the six months ended April 30, 2026:

 

Affiliated funds  Value at
10/31/2025
   Purchases
at Cost
   Proceeds
from
Sales
   Net
Realized
Gain/(Loss)
   Net Change in
Appreciation/
(Depreciation)
   Value at
4/30/2026
   Shares
as of
4/30/2026
   Dividend
Income
   Capital Gain
Distributions
 
Lord Abbett Developing Growth Fund, Inc. - Class I  $130,302,038   $44,454   $(12,591,412)  $3,981,750   $12,705,094   $134,441,924    3,386,447   $3,305   $ 
Lord Abbett Securities Trust - Focused Small Cap Value Fund - Class I   59,224,467    2,666,137    (2,803,191)   43,079    7,306,154    66,436,646    2,072,906    76,466    2,589,672 
Lord Abbett Securities Trust - International Opportunities Fund - Class I   118,931,703    2,289,331    (5,947,655)   1,903,071    13,050,808    130,227,258    5,118,996    2,100,793     
Lord Abbett Securities Trust - Micro Cap Growth Fund - Class I   68,508,557    46,124    (7,884,864)   3,466,564    3,669,320    67,805,701    2,413,014    4,975     
Lord Abbett Research Fund, Inc. - Small - Cap Value Fund - Class I   118,128,818    7,128,447    (5,477,751)   (711,772)   14,065,485    133,133,227    5,862,317    476,903    5,308,291 
Lord Abbett Securities Trust – Value Opportunities Fund – Class I   118,151,820    9,263,379    (3,316,672)   (7,189)   8,701,678    132,793,016    6,249,083    548,880    6,314,499 
Total  $613,247,403   $21,437,872   $(38,021,545)      $8,675,503          $59,498,539   $664,837,772        $3,211,322       $14,212,462 

 

11. SECURITIES LENDING AGREEMENT  

 

The Funds have established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Funds’ securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the Funds on the next business day. As with other extensions of credit, the Funds may experience a delay in the recovery of their securities or incur a loss should the borrower of the securities breach its agreement with the Funds or the borrower becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan. Any income earned from securities lending is included in Securities lending net income, if any, in each Fund’s Statement of Operations.

 

The initial collateral received by the Funds is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the Funds will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the Funds continue to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.

 

133

 

Notes to Financial Statements (unaudited)(continued)

 

As of April 30, 2026, the market value of securities loaned and collateral received were as follows:

 

Funds  Market Value of
Securities Loaned
   Collateral Received(1)   Non-Cash Collateral 
Health Care Fund                $158,502                      $155,476                        $ 
International Equity Fund   6,453,822    6,598,362     
International Opportunities Fund   2,366,567    2,425,064     
International Value Fund   6,424,800    6,720,306     
Micro Cap Growth Fund   17,097,381    16,402,917     
Value Opportunities Fund   278,160        287,934 
   
(1) Statements of Assets and Liabilities location: Payables: Collateral due to broker for securities lending.

 

12. INVESTMENT RISKS  

 

Each Fund is subject to the general risks and considerations associated with equity investing. The value of the Funds’ investments will fluctuate in response to movements in the equity securities markets in general and to the changing prospects of individual companies in which the Funds invest. If a Fund’s assessment of a company’s value or prospects for exceeding earnings expectations or market conditions is wrong, the Fund could suffer losses or produce poor performance relative to other funds, even in a favorable market.

 

Large company stocks, in which Focused Growth Fund, Focused Large Cap Value Fund, Fundamental Equity Fund, Global Equity Fund, Growth Leaders Fund, International Equity Fund and International Value Fund invest, may perform differently than the market as a whole and other types of stocks, such as small company stocks. Small and mid-sized company stocks, in which Alpha Strategy Fund, Focused Small Cap Value Fund, Focused Growth Fund, Fundamental Equity Fund, Growth Leaders Fund, International Equity Fund, International Opportunities Fund and Value Opportunities Fund invest, and stocks of micro-cap companies, in which Micro Cap Growth Fund invests, may be less able to weather economic shifts or other adverse developments than those of larger, more established companies.

 

In general, Focused Growth Fund and Growth Leaders Fund employ a growth investing style, Global Equity Fund employs a blended growth investing and value investing style, and Focused Large Cap Value Fund, Focused Small Cap Value Fund, Fundamental Equity Fund, International Value Fund and Value Opportunities Fund employ a value investing style. Growth stocks generally are more volatile than value stocks. The price of value stocks may lag the market for long periods of time.

 

Global Equity Fund, International Equity Fund, International Opportunities Fund and International Value Fund are subject to the risks of investing in foreign securities. Foreign securities may pose greater risks than domestic securities, including greater price fluctuations, economic, political, and social instability and subject to less government supervision, lack of transparency, inadequate regulatory and accounting standards, foreign taxes, and higher transaction costs. Foreign investments also may be affected by changes in currency rates or currency controls. These risks are generally greater for securities issued by companies in emerging market companies. Similarly, due to their investments in multinational and foreign companies, Alpha Strategy Fund, Focused Growth Fund, Focused Large Cap Value Fund, Focused Small Cap Value Fund, Fundamental Equity Fund, Growth Leaders Fund, Health Care Fund, and Value Opportunities Fund are subject to the risks of investing in foreign securities and similarly may experience increased market, liquidity, currency, political, informational, and other risks.

 

Health Care Fund is subject to the risks of investing in the health care sector, including changes in government regulations, dependence on patents and intellectual property rights, expenses and losses from litigation based on product liability and similar claims, industry competition, extensive

 

134

 

Notes to Financial Statements (unaudited)(continued)

 

research and development, marketing, and sales costs, and rapid technological change and potential for product obsolescence. Health Care Fund is also subject to the risks of investing in structured securities. As a result, Health Care Fund is subject to the same risks associated with direct investments in the underlying securities or other instruments they seek to replicate, as well as liquidity risk and the risk that the issuer and/or the counterparty of the structured security may be unable to perform under the terms of the instrument, or may disagree as to the meaning or application of such terms.

 

International Value Fund is subject to the risks of investing in dividend paying stocks. Dividend paying stocks may be sensitive to changes in market interest rates, and the prices of such stocks may decline as rates rise. There is no guarantee that companies that currently pay dividends will continue to do so. Securities of dividend-paying companies that meet the Fund’s investment criteria may not be widely available, limiting the Fund’s ability to produce current income and increasing the volatility of the Fund’s returns.

 

Alpha Strategy Fund’s investments are concentrated in Affiliated Funds and, as a result, the Fund’s performance is directly related to the investment performance of the Affiliated Funds in which it invests. In addition, the Fund is exposed to the same risks as the Affiliated Funds in direct proportion to the allocation of its assets among the Affiliated Funds. The Fund’s shareholders will indirectly bear their proportionate share of the Affiliated Funds’ fees and expenses, as well as their proportionate share of the Fund’s fees and expenses.

 

Alpha Strategy Fund, Global Equity Fund, Health Care Fund, International Equity Fund, International Opportunities Fund and International Value Fund are subject to the risks associated with derivatives, which may be different from and greater than the risks associated with investing directly in securities and other investments. Derivatives may be subject to risks such as liquidity risk, leveraging risk, interest rate risk, market risk, and credit risk. Illiquid securities may lower the Funds’ returns since the Funds may be unable to sell these securities at their desired time or price. Derivatives also may involve the risk of mispricing or improper valuation and the risk that changes in the value of the derivative may not correlate perfectly with the value of the underlying asset, rate or index. Whether a Fund’s use of derivatives is successful will depend on, among other things, the Fund’s ability to correctly forecast market movements, changes in foreign exchange and interest rates, and other factors. If a Fund incorrectly forecasts these and other factors, its performance could suffer. A Fund’s use of derivatives could result in a loss exceeding the amount of the Fund’s investment in these instruments.

 

Health Care Fund, Focused Large Cap Value Fund and Focused Small Cap Value Fund are subject to the general risks and considerations associated with investing in fixed income securities. The value of an investment will change as interest rates fluctuate and in response to market movements. When interest rates rise, the prices of fixed income securities are likely to decline; when interest rates fall, such prices tend to rise. Longer-term securities are usually more sensitive to interest rate changes. There is also the risk that an issuer of a fixed income security will fail to make timely payments of principal and/or interest to a Fund, a risk that is greater with high-yield bonds (sometimes called “junk bonds”) in which one or more of the Funds may invest. Some issuers, particularly of high-yield bonds, may default as to principal and/or interest payments after a Fund purchases their securities. A default, or concerns in the market about an increase in risk of default, may result in losses to each Fund. High-yield bonds are subject to greater price fluctuations and increased liquidity risk, as well as additional risks.

 

Focused Growth Fund is a non-diversified mutual fund under the 1940 Act. The value of the Fund’s investments may be more adversely affected by a single economic, political or regulatory event than the value of the investments of a diversified mutual fund.

 

135

 

Notes to Financial Statements (unaudited)(continued)

 

A Fund’s gross expense ratio may fluctuate during its initial operating period because of the Fund’s relatively smaller asset size and, until the Fund achieves sufficient scale, a Fund shareholder may experience proportionally higher Fund expenses than would be experienced by shareholders of a fund with a larger asset base.

 

Geopolitical and other events, such as war, acts of terrorism, tariffs and other restrictions on trade, natural disasters, the spread of infectious illnesses, epidemics and pandemics, environmental and other public health issues, supply chain disruptions, inflation, recessions or other events, and governments’ reactions to such events, may lead to increased market volatility and instability in world economies and markets generally and may have adverse effects on the performance of a Fund and its investments.

 

A widespread health crisis, such as a global pandemic, could cause substantial market volatility, impact the ability to complete redemptions, and adversely impact Fund performance. For example, the effects to public health, business and market conditions resulting from the COVID-19 pandemic have had, and may in the future have, a significant negative impact on the performance of each Fund’s investments, including exacerbating other pre-existing political, social and economic risks. In addition, the increasing interconnectedness of markets around the world may result in many markets being affected by events or conditions in a single country or region or events affecting a single or small number of issuers.

 

It is difficult to accurately predict or foresee when events or conditions affecting the U.S. or global financial markets, economies, and issuers may occur, the effects of such events or conditions, potential escalations or expansions of these events, possible retaliations in response to sanctions or similar actions and the duration or ultimate impact of those events. The foregoing could disrupt the operations of each Fund and its service providers, adversely affect the value and liquidity of each Fund’s investments and negatively impact each Fund’s performance and your investment in each Fund.

 

13. SUMMARY OF CAPITAL TRANSACTIONS  

 

Transactions in shares of beneficial interest were as follows:

 

Alpha Strategy Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   449,014   $12,851,265    575,990   $14,910,959 
Reinvestment of distributions   653,134    17,889,342    113,050    2,931,379 
Shares reacquired   (1,303,441)   (36,962,880)   (2,508,055)   (65,613,761)
Decrease   (201,293)  $(6,222,273)   (1,819,015)  $(47,771,423)
                     
Class C Shares                    
Shares sold   19,014   $385,037    49,590   $942,592 
Reinvestment of distributions   29,925    585,924    5,196    98,929 
Shares reacquired   (78,477)   (1,589,011)   (202,650)   (3,864,677)
Decrease   (29,538)  $(618,050)   (147,864)  $(2,823,156)
                     
Class F Shares                    
Shares sold   2,595   $72,552    7,177   $185,527 
Reinvestment of distributions   12,776    355,684    2,891    75,992 
Shares reacquired   (29,003)   (829,773)   (65,600)   (1,683,378)
Decrease   (13,632)  $(401,537)   (55,532)  $(1,421,859)

 

136

 

Notes to Financial Statements (unaudited)(continued)

 

Alpha Strategy Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class F3 Shares  Shares   Amount   Shares   Amount 
Shares sold   290,171   $8,649,735    469,788   $12,775,641 
Reinvestment of distributions   100,867    2,915,063    20,537    558,404 
Shares reacquired   (281,955)   (8,411,206)   (518,122)   (14,101,793)
Increase (decrease)   109,083   $3,153,592    (27,797)  $(767,748)
                     
Class I Shares                    
Shares sold   233,604   $6,882,408    320,528   $8,645,091 
Reinvestment of distributions   149,475    4,285,438    32,556    879,351 
Shares reacquired   (300,746)   (8,815,146)   (576,717)   (15,689,716)
Increase (decrease)   82,333   $2,352,700    (223,633)  $(6,165,274)
                     
Class R2 Shares                    
Shares sold   1,375   $36,639    2,407   $59,644 
Reinvestment of distributions   1,968    50,334    268    6,526 
Shares reacquired   (2,087)   (54,804)   (2,486)   (58,304)
Increase   1,256   $32,169    189   $7,866 
                     
Class R3 Shares                    
Shares sold   26,897   $719,237    53,216   $1,304,956 
Reinvestment of distributions   33,628    871,634    5,021    123,862 
Shares reacquired   (59,042)   (1,575,051)   (129,715)   (3,123,858)
Increase (decrease)   1,483   $15,820    (71,478)  $(1,695,040)
                     
Class R4 Shares                    
Shares sold   10,060   $281,374    34,731   $907,619 
Reinvestment of distributions   6,062    165,496    928    23,995 
Shares reacquired   (16,373)   (463,827)   (34,527)   (908,956)
Increase (decrease)   (251)  $(16,957)   1,132   $22,658 
                     
Class R5 Shares                    
Shares sold   396   $11,471    1,483   $39,883 
Reinvestment of distributions   748    21,464    137    3,711 
Shares reacquired   (566)   (17,244)   (55)   (1,474)
Increase   578   $15,691    1,565   $42,120 
                     
Class R6 Shares                    
Shares sold   5,778   $169,154    10,844   $287,026 
Reinvestment of distributions   3,378    97,671    730    19,847 
Shares reacquired   (31,835)   (927,855)   (24,691)   (663,885)
Decrease   (22,679)  $(661,030)   (13,117)  $(357,012)
                     
Focused Growth Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares   Shares    Amount    Shares    Amount 
Shares sold   84,081   $3,367,623    815,995   $31,604,006 
Shares reacquired   (259,875)   (10,777,696)   (504,469)   (19,175,689)
Increase (decrease)   (175,794)  $(7,410,073)   311,526   $12,428,317 

 

137

 

Notes to Financial Statements (unaudited)(continued)

 

Focused Growth Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class C Shares  Shares   Amount   Shares   Amount 
Shares sold   12,487   $484,165    76,131   $2,745,087 
Shares reacquired   (26,645)   (1,008,633)   (17,100)   (595,447)
Increase (decrease)   (14,158)  $(524,468)   59,031   $2,149,640 
                     
Class F Shares                    
Shares sold   4,546   $189,587    11,732   $421,590 
Shares reacquired   (2,566)   (105,909)   (13,360)   (489,873)
Increase (decrease)   1,980   $83,678    (1,628)  $(68,283)
                     
Class I Shares                    
Shares sold   818,493   $33,668,279    2,437,999   $91,705,886 
Shares reacquired   (848,068)   (34,509,262)   (851,585)   (30,712,556)
Increase (decrease)   (29,575)  $(840,983)   1,586,414   $60,993,330 
                     
Class R3 Shares                    
Shares sold   1,796   $72,640    2,568   $93,199 
Shares reacquired   (4,217)   (170,867)   (4,142)   (154,931)
Decrease   (2,421)  $(98,227)   (1,574)  $(61,732)
                     
Class R5 Shares                    
Shares sold   157   $6,495    352   $13,400 
Shares reacquired       (15)   (1)   (30)
Increase   157   $6,480    351   $13,370 
                     
Class R6 Shares                    
Shares sold   34,384   $1,403,214    64,901   $2,439,980 
Shares reacquired   (34,816)   (1,479,473)   (24,621)   (949,987)
Increase (decrease)   (432)  $(76,259)   40,280   $1,489,993 
                     
Focused Large Cap Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares   Shares    Amount    Shares    Amount 
Shares sold   238,987   $3,732,443    439,263   $6,134,756 
Reinvestment of distributions   5,167    79,053    17,641    243,978 
Shares reacquired   (55,315)   (867,359)   (305,516)   (4,123,336)
Increase   188,839   $2,944,137    151,388   $2,255,398 
                     
Class C Shares                    
Shares sold   108,798   $1,667,081    126,738   $1,810,169 
Reinvestment of distributions   558    8,429    1,976    27,123 
Shares reacquired   (15,465)   (239,798)   (32,680)   (449,487)
Increase   93,891   $1,435,712    96,034   $1,387,805 
                     
Class F Shares                    
Shares sold   10,432   $164,177    15,520   $239,086 
Reinvestment of distributions   189    2,971    269    3,811 
Shares reacquired   (373)   (6,034)   (95)   (1,315)
Increase   10,248   $161,114    15,694   $241,582 

 

138

 

Notes to Financial Statements (unaudited)(continued)

 

Focused Large Cap Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class I Shares  Shares   Amount   Shares   Amount 
Shares sold   4,894,748   $80,450,349    2,920,532   $45,227,443 
Reinvestment of distributions   26,797    428,223    23,958    345,713 
Shares reacquired   (1,589,849)   (25,634,681)   (210,907)   (3,155,951)
Increase   3,331,696   $55,243,891    2,733,583   $42,417,205 
                     
Class R3 Shares                    
Shares sold   715   $11,095    1,576   $21,721 
Reinvestment of distributions   34    523    194    2,676 
Shares reacquired   (1,532)   (23,683)   (21)   (279)
Increase (decrease)   (783)  $(12,065)   1,749   $24,118 
                     
Class R5 Shares                    
Shares sold   40   $633    12   $187 
Reinvestment of distributions       2         
Increase   40   $635    12   $187 
                     
Class R6 Shares                    
Shares sold   45,340   $707,889    60,621   $848,557 
Reinvestment of distributions   105    1,615    266    3,707 
Shares reacquired   (28,542)   (452,971)   (38,938)   (558,384)
Increase   16,903   $256,533    21,949   $293,880 
                     
Focused Small Cap Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares   Shares    Amount    Shares    Amount 
Shares sold   33,761   $896,688    34,984   $905,769 
Reinvestment of distributions   19,920    503,570    30,890    896,443 
Shares reacquired   (43,944)   (1,158,534)   (115,577)   (2,917,264)
Increase (decrease)   9,737   $241,724    (49,703)  $(1,115,052)
                     
Class C Shares                    
Shares sold   429   $11,761    7,690   $214,122 
Reinvestment of distributions   3,193    84,412    5,493    167,661 
Shares reacquired   (15,865)   (454,033)   (28,014)   (752,424)
Decrease   (12,243)  $(357,860)   (14,831)  $(370,641)
                     
Class F Shares                    
Shares sold   40   $1,155    24,479   $706,561 
Reinvestment of distributions   2,991    84,351    4,261    136,937 
Shares reacquired   (35,342)   (1,021,135)   (23,482)   (687,378)
Increase (decrease)   (32,311)  $(935,629)   5,258   $156,120 
                     
Class I Shares                    
Shares sold   28,520   $867,366    39,516   $1,148,968 
Reinvestment of distributions   105,660    2,957,432    153,148    4,891,538 
Shares reacquired   (125,781)   (3,732,525)   (362,812)   (10,548,358)
Increase (decrease)   8,399   $92,273    (170,148)  $(4,507,852)

 

139

 

Notes to Financial Statements (unaudited)(continued)

 

Focused Small Cap Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class R5 Shares  Shares   Amount   Shares   Amount 
Reinvestment of distributions   4   $126    6   $184 
Increase   4   $126    6   $184 
                     
Class R6 Shares                    
Shares sold   14,059   $418,760    18,242   $562,928 
Reinvestment of distributions   358    10,049    450    14,435 
Shares reacquired   (12,585)   (374,905)   (63,850)   (1,814,723)
Increase (decrease)   1,832   $53,904    (45,158)  $(1,237,360)
                     
Fundamental Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   1,414,884   $23,519,046    2,989,299   $46,851,874 
Reinvestment of distributions   6,004,553    96,673,282    5,143,495    81,575,837 
Shares reacquired   (5,753,299)   (95,601,648)   (10,915,105)   (172,454,813)
Increase (decrease)   1,666,138   $24,590,680    (2,782,311)  $(44,027,102)
                     
Class C Shares                    
Shares sold   110,976   $1,533,647    309,299   $4,075,481 
Reinvestment of distributions   132,713    1,777,018    116,149    1,557,563 
Shares reacquired   (269,512)   (3,740,560)   (607,597)   (8,027,796)
Decrease   (25,823)  $(429,895)   (182,149)  $(2,394,752)
                     
Class F Shares                    
Shares sold   200,124   $3,311,164    375,888   $5,946,920 
Reinvestment of distributions   138,054    2,182,631    105,494    1,645,699 
Shares reacquired   (188,912)   (3,088,813)   (399,599)   (6,105,797)
Increase   149,266   $2,404,982    81,783   $1,486,822 
                     
Class F3 Shares                    
Shares sold   288,725   $4,902,998    892,013   $14,205,479 
Reinvestment of distributions   151,458    2,489,974    92,251    1,490,780 
Shares reacquired   (289,747)   (4,916,931)   (474,631)   (7,509,297)
Increase   150,436   $2,476,041    509,633   $8,186,962 
                     
Class I Shares                    
Shares sold   4,441,285   $74,902,457    7,902,350   $123,315,414 
Reinvestment of distributions   2,765,093    44,905,121    2,098,716    33,537,477 
Shares reacquired   (3,012,216)   (50,863,538)   (8,120,768)   (128,541,176)
Increase   4,194,162   $68,944,040    1,880,298   $28,311,715 
                     
Class P Shares                    
Shares sold   32,336   $531,073    19,755   $303,442 
Reinvestment of distributions   14,655    229,065    13,085    201,903 
Shares reacquired   (49,416)   (809,861)   (40,731)   (626,521)
Decrease   (2,425)  $(49,723)   (7,891)  $(121,176)

 

140

 

Notes to Financial Statements (unaudited)(continued)

 

Fundamental Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class R2 Shares  Shares   Amount   Shares   Amount 
Shares sold   2,265   $36,342    5,032   $75,895 
Reinvestment of distributions   3,345    52,179    8,663    133,317 
Shares reacquired   (18,358)   (302,586)   (93,642)   (1,400,877)
Decrease   (12,748)  $(214,065)   (79,947)  $(1,191,665)
                     
Class R3 Shares                    
Shares sold   251,988   $4,099,952    415,423   $6,374,464 
Reinvestment of distributions   309,953    4,853,871    274,172    4,238,696 
Shares reacquired   (484,687)   (7,872,651)   (1,017,487)   (15,733,128)
Increase (decrease)   77,254   $1,081,172    (327,892)  $(5,119,968)
                     
Class R4 Shares                    
Shares sold   12,408   $204,357    93,744   $1,454,283 
Reinvestment of distributions   21,302    340,412    17,930    282,392 
Shares reacquired   (152,500)   (2,477,494)   (120,012)   (1,884,254)
Decrease   (118,790)  $(1,932,725)   (8,338)  $(147,579)
                     
Class R5 Shares                    
Shares sold   1,455   $24,486    10,725   $168,661 
Reinvestment of distributions   4,876    79,245    4,852    77,635 
Shares reacquired   (22,321)   (378,301)   (27,082)   (441,846)
Decrease   (15,990)  $(274,570)   (11,505)  $(195,550)
                     
Class R6 Shares                    
Shares sold   132,556   $2,268,658    295,594   $4,769,667 
Reinvestment of distributions   39,901    656,369    28,446    459,980 
Shares reacquired   (118,190)   (2,013,918)   (177,421)   (2,804,430)
Increase   54,267   $911,109    146,619   $2,425,217 
                     
Global Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   784,590   $15,805,523    1,723,552   $31,928,203 
Reinvestment of distributions   13,846    275,126    1,914    32,700 
Shares reacquired   (363,728)   (7,336,770)   (154,661)   (2,860,397)
Increase   434,708   $8,743,879    1,570,805   $29,100,506 
                     
Class C Shares                    
Shares sold   87,794   $1,749,758    113,281   $2,126,255 
Reinvestment of distributions   352    6,878         
Shares reacquired   (23,952)   (473,561)   (14,499)   (266,045)
Increase   64,194   $1,283,075    98,782   $1,860,210 
                     
Class F Shares                    
Shares sold   17,309   $357,500    551,481   $8,797,941 
Reinvestment of distributions   80    1,604    92    1,573 
Shares reacquired   (196)   (4,171)   (613,997)   (10,749,146)
Increase (decrease)   17,193   $354,933    (62,424)  $(1,949,632)

 

141

 

Notes to Financial Statements (unaudited)(continued)

 

Global Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class F3 Shares  Shares   Amount   Shares   Amount 
Shares sold   857,657   $17,418,907    2,443,608   $44,179,953 
Reinvestment of distributions   17,826    356,334    184    3,147 
Shares reacquired   (343,937)   (7,047,791)   (178,975)   (3,349,655)
Increase   531,546   $10,727,450    2,264,817   $40,833,445 
                     
Class I Shares                    
Shares sold   3,562,694   $72,347,577    14,232,802   $257,628,728 
Reinvestment of distributions   90,303    1,797,927    23,641    404,033 
Shares reacquired   (3,113,959)   (63,469,092)   (4,871,843)   (84,420,208)
Increase   539,038   $10,676,412    9,384,600   $173,612,553 
                     
Class R3 Shares                    
Shares sold   7,979   $158,197    8,835   $152,967 
Reinvestment of distributions   147    2,900    78    1,317 
Shares reacquired   (2,751)   (55,315)   (14,662)   (259,702)
Increase (decrease)   5,375   $105,782    (5,749)  $(105,418)
                     
Class R4 Shares                    
Shares sold   99   $2,000    53   $999 
Reinvestment of distributions       9         
Shares reacquired   (2)   (33)   (1)   (15)
Increase   97   $1,976    52   $984 
                     
Class R5 Shares                    
Shares sold   2,344   $48,554    14   $262 
Reinvestment of distributions       3         
Shares reacquired   (2,333)   (49,996)       (1)
Increase (decrease)   11   $(1,439)   14   $261 
                     
Class R6 Shares                    
Shares sold   153,826   $3,143,251    143,722   $2,718,997 
Reinvestment of distributions   1,262    25,220    1,415    24,258 
Shares reacquired   (33,106)   (687,068)   (198,131)   (3,575,094)
Increase (decrease)   121,982   $2,481,403    (52,994)  $(831,839)
                     
Growth Leaders Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   2,357,355   $124,761,103    5,514,983   $266,427,700 
Reinvestment of distributions   937,812    50,970,071         
Shares reacquired   (4,129,916)   (217,859,749)   (8,027,030)   (388,308,012)
Decrease   (834,749)  $(42,128,575)   (2,512,047)  $(121,880,312)
                     
Class C Shares                    
Shares sold   649,797   $28,942,440    1,380,287   $56,624,809 
Reinvestment of distributions   274,363    12,554,836         
Shares reacquired   (1,771,239)   (78,885,545)   (3,343,270)   (138,090,019)
Decrease   (847,079)  $(37,388,269)   (1,962,983)  $(81,465,210)

 

142

 

Notes to Financial Statements (unaudited)(continued)

 

Growth Leaders Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class F Shares  Shares   Amount   Shares   Amount 
Shares sold   401,427   $22,726,224    3,900,702   $190,265,948 
Reinvestment of distributions   121,058    6,878,515         
Shares reacquired   (1,197,042)   (66,844,095)   (3,513,332)   (168,307,970)
Increase (decrease)   (674,557)  $(37,239,356)   387,370   $21,957,978 
                     
Class F3 Shares                    
Shares sold   1,174,672   $66,446,337    3,037,809   $157,809,951 
Reinvestment of distributions   200,820    11,635,509         
Shares reacquired   (1,545,034)   (86,687,350)   (2,987,355)   (153,747,440)
Increase (decrease)   (169,542)  $(8,605,504)   50,454   $4,062,511 
                     
Class I Shares                    
Shares sold   4,638,282   $258,611,227    11,896,730   $600,146,374 
Reinvestment of distributions   1,072,420    61,503,304         
Shares reacquired   (7,964,278)   (444,148,712)   (17,357,794)   (878,196,923)
Decrease   (2,253,576)  $(124,034,181)   (5,461,064)  $(278,050,549)
                     
Class R2 Shares                    
Shares sold   8,045   $403,285    8,144   $373,076 
Reinvestment of distributions   938    48,582         
Shares reacquired   (7,326)   (373,883)   (10,394)   (466,838)
Increase (decrease)   1,657   $77,984    (2,250)  $(93,762)
                     
Class R3 Shares                    
Shares sold   51,400   $2,562,035    161,857   $7,360,996 
Reinvestment of distributions   11,542    599,615         
Shares reacquired   (46,040)   (2,326,816)   (161,367)   (7,188,195)
Increase   16,902   $834,834    490   $172,801 
                     
Class R4 Shares                    
Shares sold   16,161   $856,964    104,828   $4,849,238 
Reinvestment of distributions   4,963    269,852         
Shares reacquired   (58,119)   (3,049,774)   (153,921)   (7,269,684)
Decrease   (36,995)  $(1,922,958)   (49,093)  $(2,420,446)
                     
Class R5 Shares                    
Shares sold   14,200   $790,961    32,719   $1,645,438 
Reinvestment of distributions   3,722    213,552         
Shares reacquired   (27,778)   (1,555,937)   (95,544)   (4,868,486)
Decrease   (9,856)  $(551,424)   (62,825)  $(3,223,048)
                     
Class R6 Shares                    
Shares sold   183,232   $10,308,553    639,787   $33,260,887 
Reinvestment of distributions   34,075    1,974,329         
Shares reacquired   (366,950)   (20,993,284)   (1,133,169)   (59,666,790)
Decrease   (149,643)  $(8,710,402)   (493,382)  $(26,405,903)

 

143

 

Notes to Financial Statements (unaudited)(continued)

 

Health Care Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   2,991   $65,780    14,765   $281,437 
Reinvestment of distributions   301    6,865    662    13,567 
Shares reacquired   (12,658)   (279,831)   (34,391)   (638,237)
Decrease   (9,366)  $(207,186)   (18,964)  $(343,233)
                     
Class C Shares                    
Shares sold   1,533   $32,714    5,290   $100,944 
Shares reacquired   (641)   (13,301)   (4,528)   (83,581)
Increase   892   $19,413    762   $17,363 
                     
Class F Shares                    
Shares sold      $    127   $2,501 
Reinvestment of distributions   15    343    40    839 
Shares reacquired   (256)   (5,441)   (3,599)   (65,775)
Decrease   (241)  $(5,098)   (3,432)  $(62,435)
                     
Class I Shares                    
Shares sold      $    959   $19,205 
Reinvestment of distributions   7    159    12    238 
Shares reacquired   (61)   (1,382)   (1,193)   (23,485)
Decrease   (54)  $(1,223)   (222)  $(4,042)
                     
Class R3 Shares                    
Shares sold   191   $4,166    4,785   $92,940 
Reinvestment of distributions           8    152 
Shares reacquired   (71)   (1,582)   (13)   (246)
Increase   120   $2,584    4,780   $92,846 
                     
Class R6 Shares                    
Shares sold   1,787   $41,448    3,490   $70,590 
Reinvestment of distributions   12    278    8    171 
Shares reacquired   (8,136)   (184,684)   (24,335)   (489,359)
Decrease   (6,337)  $(142,958)   (20,837)  $(418,598)
                     
International Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   761,965   $14,466,844    1,143,054   $19,328,409 
Reinvestment of distributions   519,156    9,147,529    404,179    5,961,634 
Shares reacquired   (813,964)   (15,458,319)   (1,314,763)   (21,241,039)
Increase   467,157   $8,156,054    232,470   $4,049,004 
                     
Class C Shares                    
Shares sold   85,244   $1,634,756    48,238   $799,113 
Reinvestment of distributions   5,306    94,124    2,581    38,412 
Shares reacquired   (28,257)   (549,086)   (25,314)   (405,334)
Increase   62,293   $1,179,794    25,505   $432,191 
                     
Class F Shares                    
Shares sold   41,717   $809,380    230,829   $3,738,156 
Reinvestment of distributions   19,991    350,641    11,070    162,511 
Shares reacquired   (33,572)   (636,115)   (110,343)   (1,782,940)
Increase   28,136   $523,906    131,556   $2,117,727 

 

144

 

Notes to Financial Statements (unaudited)(continued)

 

International Equity Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class F3 Shares  Shares   Amount   Shares   Amount 
Shares sold   1,274,030   $24,721,164    2,779,887   $46,283,287 
Reinvestment of distributions   179,132    3,213,622    59,178    887,081 
Shares reacquired   (486,710)   (9,343,094)   (608,167)   (10,191,618)
Increase   966,452   $18,591,692    2,230,898   $36,978,750 
                     
Class I Shares                    
Shares sold   7,408,927   $142,275,943    4,461,275   $77,426,752 
Reinvestment of distributions   650,095    11,610,697    397,407    5,933,289 
Shares reacquired   (3,039,797)   (58,343,625)   (2,155,273)   (34,869,528)
Increase   5,019,225   $95,543,015    2,703,409   $48,490,513 
                     
Class P Shares                    
Shares sold      $3       $5 
Reinvestment of distributions   41    727    32    480 
Shares reacquired   (93)   (1,710)   (25)   (378)
Increase (decrease)   (52)  $(980)   7   $107 
                     
Class R2 Shares                    
Shares sold   1,243   $24,476    1,821   $29,662 
Reinvestment of distributions   818    14,460    562    8,310 
Shares reacquired   (8)   (152)   (257)   (4,027)
Increase   2,053   $38,784    2,126   $33,945 
                     
Class R3 Shares                    
Shares sold   20,811   $389,275    28,881   $462,513 
Reinvestment of distributions   18,464    319,805    15,051    218,383 
Shares reacquired   (33,816)   (623,987)   (42,346)   (683,922)
Increase (decrease)   5,459   $85,093    1,586   $(3,026)
                     
Class R4 Shares                    
Shares sold   11,961   $224,271    33,982   $552,797 
Reinvestment of distributions   7,762    135,840    6,171    90,407 
Shares reacquired   (14,769)   (285,931)   (40,150)   (604,691)
Increase   4,954   $74,180    3   $38,513 
                     
Class R5 Shares                    
Shares sold   5,835   $110,669    11,552   $200,838 
Reinvestment of distributions   796    14,089    538    7,976 
Shares reacquired   (83)   (1,586)   (13,158)   (223,666)
Increase (decrease)   6,548   $123,172    (1,068)  $(14,852)
                     
Class R6 Shares                    
Shares sold   2,086,436   $38,894,237    119,020   $1,940,572 
Reinvestment of distributions   113,166    2,029,058    6,252    93,648 
Shares reacquired   (165,423)   (3,114,773)   (74,724)   (1,256,471)
Increase   2,034,179   $37,808,522    50,548   $777,749 

 

145

 

Notes to Financial Statements (unaudited)(continued)

 

International Opportunities Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   164,560   $3,801,222    336,711   $6,872,074 
Reinvestment of distributions   70,463    1,510,033    88,272    1,605,664 
Shares reacquired   (300,254)   (6,801,372)   (819,442)   (16,266,726)
Decrease   (65,231)  $(1,490,117)   (394,459)  $(7,788,988)
                     
Class C Shares                    
Shares sold   15,903   $345,307    4,689   $87,134 
Reinvestment of distributions   750    14,848    1,855    31,139 
Shares reacquired   (51,526)   (1,098,114)   (91,300)   (1,664,003)
Decrease   (34,873)  $(737,959)   (84,756)  $(1,545,730)
                     
Class F Shares                    
Shares sold   19,693   $448,255    55,871   $1,147,309 
Reinvestment of distributions   1,869    39,697    2,698    48,611 
Shares reacquired   (9,124)   (209,414)   (80,829)   (1,625,674)
Increase (decrease)   12,438   $278,538    (22,260)  $(429,754)
                     
Class F3 Shares                    
Shares sold   127,195   $3,016,842    244,602   $5,018,756 
Reinvestment of distributions   25,242    564,912    31,441    596,122 
Shares reacquired   (215,785)   (5,186,901)   (383,095)   (7,922,739)
Decrease   (63,348)  $(1,605,147)   (107,052)  $(2,307,861)
                     
Class I Shares                    
Shares sold   206,581   $5,016,767    345,184   $7,114,837 
Reinvestment of distributions   120,417    2,669,653    159,663    3,003,253 
Shares reacquired   (489,114)   (11,690,828)   (1,603,830)   (32,944,777)
Decrease   (162,116)  $(4,004,408)   (1,098,983)  $(22,826,687)
                     
Class P Shares                    
Shares sold   37   $883    94   $1,958 
Reinvestment of distributions   21    461    22    424 
Shares reacquired           (6)   (121)
Increase   58   $1,344    110   $2,261 
                     
Class R2 Shares                    
Shares sold   24,441   $565,484    22,211   $440,409 
Reinvestment of distributions   756    15,914    1,289    23,031 
Shares reacquired   (35,581)   (768,070)   (27,168)   (533,539)
Decrease   (10,384)  $(186,672)   (3,668)  $(70,099)
                     
Class R3 Shares                    
Shares sold   47,169   $1,080,448    39,204   $781,640 
Reinvestment of distributions   3,250    68,222    4,176    74,379 
Shares reacquired   (32,206)   (703,907)   (55,245)   (1,128,747)
Increase (decrease)   18,213   $444,763    (11,865)  $(272,728)
                     
Class R4 Shares                    
Shares sold   13,400   $296,351    20,761   $412,511 
Reinvestment of distributions   1,092    23,283    1,539    27,818 
Shares reacquired   (14,032)   (322,215)   (38,800)   (819,947)
Increase (decrease)   460   $(2,581)   (16,500)  $(379,618)

 

146

 

Notes to Financial Statements (unaudited)(continued)

 

International Opportunities Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class R5 Shares  Shares   Amount   Shares   Amount 
Shares sold   7,149   $163,627    12,570   $252,754 
Reinvestment of distributions   1,818    40,281    2,216    41,670 
Shares reacquired   (17,480)   (415,526)   (25,886)   (527,982)
Decrease   (8,513)  $(211,618)   (11,100)  $(233,558)
                     
Class R6 Shares                    
Shares sold   66,111   $1,583,749    201,670   $4,216,829 
Reinvestment of distributions   10,673    238,856    13,243    251,087 
Shares reacquired   (168,320)   (4,115,378)   (299,507)   (6,217,804)
Decrease   (91,536)  $(2,292,773)   (84,594)  $(1,749,888)
                     
International Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   812,841   $8,651,256    1,769,277   $15,622,080 
Reinvestment of distributions   186,101    1,931,136    763,582    6,920,219 
Shares reacquired   (1,738,634)   (18,532,676)   (4,205,421)   (37,146,493)
Decrease   (739,692)  $(7,950,284)   (1,672,562)  $(14,604,194)
                     
Class C Shares                    
Shares sold   108,965   $1,199,491    65,783   $607,819 
Reinvestment of distributions   1,160    11,893    4,707    42,660 
Shares reacquired   (27,453)   (290,749)   (87,095)   (772,347)
Increase (decrease)   82,672   $920,635    (16,605)  $(121,868)
                     
Class F Shares                    
Shares sold   859   $9,427    44,750   $382,527 
Reinvestment of distributions   4,318    45,232    17,076    155,869 
Shares reacquired   (38,385)   (413,779)   (142,040)   (1,260,513)
Decrease   (33,208)  $(359,120)   (80,214)  $(722,117)
                     
Class F3 Shares                    
Shares sold   688,081   $7,498,770    1,236,395   $11,175,383 
Reinvestment of distributions   42,654    448,064    144,506    1,325,030 
Shares reacquired   (523,590)   (5,723,974)   (982,821)   (8,850,993)
Increase   207,145   $2,222,860    398,080   $3,649,420 
                     
Class I Shares                    
Shares sold   479,395   $5,190,054    1,386,343   $12,357,359 
Reinvestment of distributions   144,695    1,517,627    558,793    5,108,958 
Shares reacquired   (1,641,644)   (17,809,240)   (3,495,897)   (30,661,566)
Decrease   (1,017,554)  $(11,101,559)   (1,550,761)  $(13,195,249)
                     
Class R2 Shares                    
Shares sold   306   $3,376    599   $5,508 
Reinvestment of distributions   45    479    197    1,846 
Shares reacquired   (339)   (3,654)   (175)   (1,595)
Increase   12   $201    621   $5,759 

 

147

 

Notes to Financial Statements (unaudited)(continued)

 

International Value Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class R3 Shares  Shares   Amount   Shares   Amount 
Shares sold   87,089   $968,389    45,492   $407,947 
Reinvestment of distributions   3,803    39,897    16,152    148,337 
Shares reacquired   (39,833)   (441,910)   (144,707)   (1,300,292)
Increase (decrease)   51,059   $566,376    (83,063)  $(744,008)
                     
Class R4 Shares                    
Shares sold   424   $4,585    1,509   $12,852 
Reinvestment of distributions   55    578    576    5,182 
Shares reacquired   (15,302)   (160,066)   (4,521)   (41,532)
Decrease   (14,823)  $(154,903)   (2,436)  $(23,498)
                     
Class R5 Shares                    
Shares sold   11   $114    18   $154 
Reinvestment of distributions       1        6 
Shares reacquired   (22)   (230)   (12)   (110)
Increase (decrease)   (11)  $(115)   6   $50 
                     
Class R6 Shares                    
Shares sold   14,234   $155,261    9,603   $86,503 
Reinvestment of distributions   282    2,971    1,944    17,748 
Shares reacquired   (14,835)   (169,177)   (53,622)   (488,463)
Decrease   (319)  $(10,945)   (42,075)  $(384,212)
                     
Micro Cap Growth Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   26,844   $546,402    72,125   $1,195,727 
Shares reacquired   (161,648)   (3,287,652)   (327,884)   (5,517,305)
Decrease   (134,804)  $(2,741,250)   (255,759)  $(4,321,578)
                     
Class C Shares                    
Shares sold   1,686   $40,198    8,228   $169,811 
Shares reacquired   (33,977)   (807,179)   (68,092)   (1,365,595)
Decrease   (32,291)  $(766,981)   (59,864)  $(1,195,784)
                     
Class F Shares                    
Shares sold   11,702   $292,782    17,527   $353,437 
Shares reacquired   (66,018)   (1,649,529)   (151,253)   (3,078,904)
Decrease   (54,316)  $(1,356,747)   (133,726)  $(2,725,467)
                     
Class I Shares                    
Shares sold   111,848   $2,821,482    468,255   $9,916,676 
Reinvestment of distributions   394    9,605         
Shares reacquired   (919,857)   (22,977,648)   (1,346,946)   (28,452,550)
Decrease   (807,615)  $(20,146,561)   (878,691)  $(18,535,874)

 

148

 

Notes to Financial Statements (unaudited)(continued)

 

Value Opportunities Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class A Shares  Shares   Amount   Shares   Amount 
Shares sold   480,513   $8,949,270    1,404,855   $26,276,320 
Reinvestment of distributions   1,701,074    30,364,166    1,909,819    39,093,998 
Shares reacquired   (3,076,339)   (57,181,989)   (5,983,393)   (111,407,001)
Decrease   (894,752)  $(17,868,553)   (2,668,719)  $(46,036,683)
                     
Class C Shares                    
Shares sold   12,180   $173,397    43,617   $628,939 
Reinvestment of distributions   57,013    770,815    112,220    1,780,931 
Shares reacquired   (171,354)   (2,434,333)   (842,081)   (12,220,579)
Decrease   (102,161)  $(1,490,121)   (686,244)  $(9,810,709)
                     
Class F Shares                    
Shares sold   8,541   $166,195    27,309   $534,664 
Reinvestment of distributions   58,488    1,085,534    80,786    1,715,896 
Shares reacquired   (261,554)   (5,080,649)   (435,993)   (8,263,139)
Decrease   (194,525)  $(3,828,920)   (327,898)  $(6,012,579)
                     
Class F3 Shares                    
Shares sold   449,165   $9,100,782    1,040,907   $20,700,204 
Reinvestment of distributions   508,294    9,886,322    537,627    11,924,571 
Shares reacquired   (1,103,392)   (22,469,477)   (1,953,768)   (39,461,797)
Decrease   (145,933)  $(3,482,373)   (375,234)  $(6,837,022)
                     
Class I Shares                    
Shares sold   377,430   $7,642,562    540,629   $10,608,697 
Reinvestment of distributions   819,241    15,688,467    1,092,860    23,900,843 
Shares reacquired   (943,311)   (18,768,982)   (5,980,223)   (112,220,162)
Increase (decrease)   253,360   $4,562,047    (4,346,734)  $(77,710,622)
                     
Class P Shares                    
Shares sold   37,702   $672,297    77,102   $1,382,435 
Reinvestment of distributions   31,244    535,215    36,742    723,443 
Shares reacquired   (76,395)   (1,375,608)   (173,052)   (3,128,840)
Decrease   (7,449)  $(168,096)   (59,208)  $(1,022,962)
                     
Class R2 Shares                    
Shares sold   8,287   $140,692    28,781   $474,776 
Reinvestment of distributions   11,310    184,351    13,404    252,260 
Shares reacquired   (20,371)   (337,430)   (71,381)   (1,207,369)
Decrease   (774)  $(12,387)   (29,196)  $(480,333)
                     
Class R3 Shares                    
Shares sold   59,064   $1,033,799    164,888   $2,862,836 
Reinvestment of distributions   80,373    1,347,046    103,435    1,995,262 
Shares reacquired   (150,179)   (2,624,203)   (554,278)   (9,713,849)
Decrease   (10,742)  $(243,358)   (285,955)  $(4,855,751)
                     
Class R4 Shares                    
Shares sold   62,662   $1,156,749    177,658   $3,296,024 
Reinvestment of distributions   82,593    1,471,812    88,929    1,817,713 
Shares reacquired   (155,665)   (2,889,879)   (320,650)   (5,920,695)
Decrease   (10,410)  $(261,318)   (54,063)  $(806,958)

 

149

 

Notes to Financial Statements (unaudited)(concluded)

 

Value Opportunities Fund  Six Months Ended
April 30, 2026
(unaudited)
   Year Ended
October 31, 2025
 
Class R5 Shares  Shares   Amount   Shares   Amount 
Shares sold   13,467   $271,952    32,418   $643,525 
Reinvestment of distributions   3,891    74,595    3,547    77,653 
Shares reacquired   (14,953)   (306,729)   (29,153)   (594,770)
Increase   2,405   $39,818    6,812   $126,408 
                     
Class R6 Shares                    
Shares sold   39,582   $796,826    120,852   $2,519,320 
Reinvestment of distributions   33,505    650,999    52,678    1,167,335 
Shares reacquired   (188,529)   (3,835,711)   (474,070)   (9,591,416)
Decrease   (115,442)  $(2,387,886)   (300,540)  $(5,904,761)

 

150

 

Investments in Affiliated Funds (unaudited)

 

Alpha Strategy Fund invests in Affiliated Funds managed by Lord Abbett. As of April 30, 2026, Alpha Strategy Fund’s long-term investments were allocated among the Affiliated Funds as follows:

 

Affiliated Fund Name %
Lord Abbett Developing Growth Fund, Inc. - Class I 20.22%
Lord Abbett Research Fund, Inc. - Small Cap Value Fund - Class I 20.03%
Lord Abbett Securities Trust - Focused Small Cap Value Fund - Class I 9.99%
Lord Abbett Securities Trust - International Opportunities Fund - Class I 19.59%
Lord Abbett Securities Trust - Micro Cap Growth Fund - Class I 10.20%
Lord Abbett Securities Trust - Value Opportunities Fund - Class I 19.97%
Total 100.00%

 

Each Affiliated Fund’s annual and semiannual reports, which are sent to shareholders and filed with the SEC, contain information about the Affiliated Fund’s portfolio holdings, including a complete schedule of holdings. A complete schedule of holdings for each Affiliated Fund is also filed with the SEC on Form N-PORT as of the end of each respective Affiliated Fund’s first and third quarters. In addition, on or about the first day of the second month following each calendar quarter-end, each Fund makes publicly available a complete schedule of its portfolio holdings as of the last day of each such quarter. The information for the most recently ended calendar quarter may be viewed at www.lordabbett.com or requested at no charge by calling Lord Abbett at 888-522-2388.

 

151

 

Changes in and Disagreements with Accountants

 

There were no changes in or disagreements with accountants during the period.

 

Proxy Disclosures

 

There were no matters submitted to a vote of shareholders during the period.

 

Remuneration Paid to Directors, Officers, and Others

 

Remuneration paid to directors, officers, and others is included in “Directors’ Remuneration” under Item 7 of this Form N-CSR.

 

Statement Regarding Basis for Approval of Investment Advisory Contract

 

Securities Trust

 

(Lord Abbett Alpha Strategy Fund, Lord Abbett Focused Growth Fund, Lord Abbett Focused Large Cap Value Fund, Lord Abbett Focused Small Cap Value Fund, Lord Abbett Fundamental Equity Fund, Lord Abbett Global Equity Fund, Lord Abbett Growth Leaders Fund, Lord Abbett Health Care Fund, Lord Abbett International Equity Fund, Lord Abbett International Opportunities Fund, Lord Abbett International Value Fund, Lord Abbett Value Opportunities Fund and Lord Abbett Micro-Cap Growth Fund)

 

Approval of Advisory Contract

 

The Board, including all of the Trustees who are not “interested persons” of the Company or of Lord Abbett, as defined in the Investment Company Act of 1940, as amended (the “Independent Trustees”), annually considers whether to approve the continuation of the existing management agreement between each Fund and Lord Abbett (the “Agreement”). In connection with its most recent approval, the Board reviewed materials relating specifically to the Agreement, as well as numerous materials received throughout the course of the year, including information about each Fund’s investment performance compared to the performance of one or more appropriate benchmarks. Before making its decision as to each Fund, the Board had the opportunity to ask questions and request further information, taking into account its knowledge of Lord Abbett gained through its meetings and discussions. The Independent Trustees also met with their independent legal counsel in various private sessions at which no representatives of management were present.

 

The materials received by the Board as to each Fund included, but were not limited to: (1) information provided by Broadridge Financial Solutions (“Broadridge”) regarding the investment performance of the Fund compared to the investment performance of certain funds with similar investment styles as determined by Broadridge, based, in part, on the Fund’s Morningstar category (the “performance peer group”), and the investment performance of one or more appropriate benchmarks; (2) information provided by Broadridge regarding the expense ratios, contractual and actual management fee rates, and other expense components for the Fund and certain funds in the same Morningstar category, with generally the same or similar share classes and operational characteristics, including asset size (the “expense peer group”); (3) certain supplemental investment

 

152

 

Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

 

performance information provided by Lord Abbett; (4) information provided by Lord Abbett on the expense ratios, management fee rates, and other expense components for the Fund; (5) sales and redemption information for the Fund; (6) information regarding Lord Abbett’s financial condition; (7) an analysis of the relative profitability to Lord Abbett of providing management and administrative services to the Funds; (8) information provided by Lord Abbett regarding the investment management fee schedules for Lord Abbett’s other advisory clients maintaining accounts with a similar investment strategy as the Fund (in the case of each Fund other than Alpha Strategy Fund, Focused Growth Fund, Focused Large Cap Value Fund, Focused Small Cap Value Fund, International Equity Fund and International Value Fund); and (9) information regarding the personnel and other resources devoted by Lord Abbett to managing the Fund.

 

Investment Management and Related Services Generally. The Board considered the services provided by Lord Abbett to each Fund, including investment research, portfolio management, risk oversight, and trading, and Lord Abbett’s commitment to compliance with all applicable legal requirements and investments undertaken to enhance its compliance oversight. The Board also observed that Lord Abbett was solely engaged in the investment management business and accordingly did not experience the conflicts of interest that may result from being engaged in other lines of business, although the Board was mindful that other conflicts of interest may exist. The Board considered the investment advisory services provided by Lord Abbett to other clients, the fees charged for the services, and the differences in the nature of the services provided to each Fund and other Lord Abbett Funds, on the one hand, and the services provided to other clients, on the other. The Board observed that differences in fee rates between these clients and the Lord Abbett Funds are not uniform when examined on a fund-by-fund basis, suggesting that differences in the pricing of investment management services to these clients may reflect a variety of factors, including historical competitive forces operating in separate marketplaces. The Board considered the fact that in many instances fee rates are higher on average for mutual fund clients than for other clients. The Board did not rely on these comparisons to any significant extent in reaching their decision. After reviewing these and related factors, the Board concluded that each Fund was likely to continue to benefit from the nature, extent and quality of the investment services provided by Lord Abbett under the Agreement.

 

Investment Performance. The Board reviewed each Fund’s investment performance in relation to that of its performance peer group and one or more appropriate benchmarks as of various periods ended June 30, 2025. With respect to Alpha Strategy Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one- and three-year periods but below the median of the performance peer group for the five- and ten-year periods. With respect to Fundamental Equity Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one- and three-year periods, but below the median of the performance peer group for the five- and ten-year periods. With respect to each of Focused Growth Fund, Focused Large Cap Value Fund, and Global Equity Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one-, three- and five-year periods. As to Focused Small Cap Value Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the three- and ten-year periods and equal to the median of the performance peer group for the one- and five-year periods. As to Growth Leaders Fund, the Board observed that the Fund’s investment performance was above the median of the performance

 

153

 

Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

 

peer group for the one- and ten-year periods, but below the median of the performance peer group for the three- and five-year periods. With respect to Health Care Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one-year period and equal to the median of the performance peer group for the three-year period, but below the median of the performance peer group for the five-year period. As to International Equity Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one-, three-, and five-year periods and equal to the median of the performance peer group for the ten-year period. As to International Opportunities Fund, the Board observed that the Fund’s investment performance was equal to the median of the performance peer group for the one-year period, but below the median of the performance peer group for the three-, five-, and ten-year periods. As to International Value Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one-year period, but below the median of the performance peer group for the three-, five-, and ten-year periods. As to Value Opportunities Fund, the Board observed that the Fund’s investment performance was equal to the median of the performance peer group for the three-year period, but below the median of the performance peer group for the one-, five-, and ten-year periods. As to Micro-Cap Growth Fund, the Board observed that the Fund’s investment performance was above the median of the performance peer group for the one-, three-, five-, and ten-year periods. With respect to each Fund, the Board considered Lord Abbett’s explanation of the Fund’s performance. The Board further considered Lord Abbett’s performance and reputation generally, the performance of other Lord Abbett-managed funds overseen by the Board, and the willingness of Lord Abbett to take steps intended to improve performance when appropriate. After reviewing these and other factors, including those described below, the Board concluded that each Fund’s Agreement should be continued.

 

Lord Abbett’s Personnel and Methods. The Board considered the qualifications of the personnel providing investment management services to each Fund, in light of its investment objective and strategy, and other services to each Fund by Lord Abbett. Among other things, the Board considered the size, experience, and turnover of Lord Abbett’s staff, the resources made available to them, Lord Abbett’s investment methodologies and philosophy, and Lord Abbett’s approach to recruiting, training, and retaining personnel.

 

Nature and Quality of Other Services. The Board considered the nature, quality, and extent of compliance, administrative, and other services performed by Lord Abbett and the nature and extent of Lord Abbett’s oversight of third-party service providers, including each Fund’s transfer agent and custodian.

 

Expenses. The Board considered the expense level of each Fund, including the contractual and actual management fee rates, and the expense levels of the Fund’s expense peer group. It also considered how each of the expense level and the actual management fee rates of each Fund related to those of the expense peer group and the amount and nature of the fees paid by shareholders.

 

As to Alpha Strategy Fund, the Board observed that while the net total expense ratio was above the median of the expense peer group, the Fund’s actual management fee (excluding underlying fund fees) was below the median of the expense peer group. As to each of Micro-Cap Growth Fund and Value Opportunities Fund, the Board observed that the net total expense ratio and actual management fee of the Fund were both above the median of the expense peer group. As to each of Focused Large Cap Value Fund, Fundamental Equity Fund, Global Equity Fund, Growth Leaders

 

154

 

Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

 

Fund, Health Care Fund, International Equity Fund, International Opportunities Fund and International Value Fund, the Board observed that the net total expense ratio and the actual management fee were both below the median of the expense peer group. As to Focused Small Cap Value Fund and Focused Growth Fund, the Board observed that the net total expense ratio was below the median of the expense peer group and the actual management fee was equal to the median of the expense peer group. After reviewing these and related factors, the Board concluded, within the context of its overall approval of the Agreement, that the management fee schedule in place for each Fund was reasonable in light of all of the factors it considered including the nature, quality and extent of services provided by Lord Abbett.

 

Profitability. As to each Fund, the Board considered the level of Lord Abbett’s operating margin in managing the Fund, including the administrative services it provides to the Fund, and reviewed Lord Abbett’s methodology for allocating its costs to its management of the Fund. It considered whether each Fund was profitable to Lord Abbett in connection with the Fund’s operation, including the fee that Lord Abbett receives from the Fund for providing administrative services to the Fund. The Board considered Lord Abbett’s profit margins excluding Lord Abbett’s marketing and distribution expenses. The Board also considered Lord Abbett’s profit margins, without those exclusions, in comparison with available industry data and how those profit margins could affect Lord Abbett’s ability to recruit and retain personnel. The Board recognized that Lord Abbett’s overall profitability was a factor in enabling it to attract and retain qualified personnel to provide services to each Fund. After reviewing these and related factors, the Board concluded, within the context of its overall approval of the Agreement, that Lord Abbett’s profitability with respect to each Fund was not excessive.

 

Economies of Scale. As to each Fund, the Board considered the extent to which there had been economies of scale in managing the Fund, whether the Fund’s shareholders had appropriately benefited from any such economies of scale, and whether, where applicable, there was potential for realization of any further economies of scale. The Board also considered information provided by Lord Abbett regarding how it shares any potential economies of scale through its investments in its businesses supporting the Funds. The Board also considered each Fund’s existing management fee schedule, noting one or more contractual breakpoints in the level of management fee for each Fund other than Alpha Strategy Fund, Focused Small Cap Value Fund and Micro-Cap Growth Fund; Lord Abbett’s voluntary waiver of Alpha Strategy Fund’s management fee; and, with respect to each of Focused Growth Fund, Focused Large Cap Value Fund, Focused Small Cap Value Fund, Global Equity Fund, and Health Care Fund, the Fund’s expense limitation agreement. Based on these considerations, the Board concluded that any economies of scale were adequately addressed in respect of each Fund.

 

Other Benefits to Lord Abbett. As to each Fund, the Board considered the amount and nature of the fees paid by the Fund and the Fund’s shareholders to Lord Abbett and the Distributor for services other than investment advisory services, such as the fee that Lord Abbett receives from each Fund for providing administrative services to the Fund. The Board also considered the revenues and profitability of Lord Abbett’s investment advisory business apart from its mutual fund business, and the intangible benefits enjoyed by Lord Abbett by virtue of its relationship with each Fund. The Board observed that the Distributor receives 12b-1 fees from certain of the Lord Abbett Funds as to shares held in accounts for which there is no other broker of record, that the Distributor may retain a portion of the 12b-1 fees it receives, and that the Distributor receives a portion of the sales

 

155

 

Statement Regarding Basis for Approval of Investment Advisory Contract (concluded)

 

charges on sales and redemptions of some classes of shares of the Lord Abbett Funds. In addition, the Board observed that Lord Abbett accrues certain benefits for its business of providing investment advice to clients other than the Lord Abbett Funds, but that business also benefits the Funds. The Board also noted that Lord Abbett has entered into revenue sharing arrangements with certain entities that distribute shares of the Lord Abbett Funds. The Board also took into consideration the investment research that Lord Abbett receives as a result of client brokerage transactions, including its mutual fund clients.

 

Alternative Arrangements. As to each Fund, the Board considered whether, instead of approving continuation of the Agreement, it might be in the best interests of the Fund to implement one or more alternative arrangements, such as continuing to employ Lord Abbett, but on different terms. After considering all of the relevant factors, the Board unanimously found that continuation of the Agreement was in the best interests of each Fund and its shareholders and voted unanimously to approve the continuation of the Agreement on behalf of each Fund. As to each Fund, in considering whether to approve the continuation of the Agreement, the Board did not identify any single factor as paramount or controlling. Individual Trustees may have evaluated the information presented differently from one another, giving different weights to various factors. This summary does not discuss in detail all matters considered.

 

156

 
     
       
       
       
       
       

 

This report, when not used for the general information of shareholders of the Fund, is to be distributed only if preceded or accompanied by a current fund prospectus.

 

Lord Abbett mutual fund shares are distributed by
LORD ABBETT DISTRIBUTOR LLC.

 

Lord Abbett Securities Trust

 

Lord Abbett Alpha Strategy Fund

 

Lord Abbett Focused Growth Fund

 

Lord Abbett Focused Large Cap Value Fund

 

Lord Abbett Focused Small Cap Value Fund

 

Lord Abbett Fundamental Equity Fund

 

Lord Abbett Global Equity Fund

 

Lord Abbett Growth Leaders Fund

 

Lord Abbett Health Care Fund

 

Lord Abbett International Equity Fund

 

Lord Abbett International Opportunities Fund

 

Lord Abbett International Value Fund

 

Lord Abbett Micro-Cap Growth Fund

 

Lord Abbett Value Opportunities Fund

LST-3
(06/26)
 

Item 12: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.

 

Item 13: Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.

 

Item 14: Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.

 

Item 15: Submission of Matters to a Vote of Security Holders.
Not applicable.

 

Item 16: Controls and Procedures.
(a)The principal executive officer and principal financial & accounting officer have concluded as of a date within 90 days of the filing date of this report, based on their evaluation of the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940), that the design of such procedures is effective to provide reasonable assurance that material information required to be disclosed by the Registrant on Form N-CSR is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms.

 

(b)There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 17: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
  Not applicable.

 

Item 18: Recovery of Erroneously Awarded Compensation.
  Not applicable.

 

Item 19: Exhibits.
(a)(1)The Lord Abbett Family of Funds Sarbanes-Oxley Code of Ethics for the Principal Executive Officer and Financial Officer and Senior Financial Officers is attached hereto as part of EX-99. CODEETH.

 

(a)(2)Not applicable.

 

(a)(3)Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 is attached hereto as a part of EX-99.CERT.
 
(a)(4)Not applicable.

 

(a)(5)Not applicable.

 

(b)Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 is provided as a part of EX-99.906CERT.
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  LORD ABBETT SECURITIES TRUST
       
    By:  /s/ Douglas B. Sieg
      Douglas B. Sieg
      President and Chief Executive Officer
      (Principal Executive Officer)

 

Date: June 26, 2026

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

  By:  /s/ Douglas B. Sieg
    Douglas B. Sieg
    President and Chief Executive Officer
    (Principal Executive Officer)

 

Date: June 26, 2026

 

  By:  /s/ Gina Andes
    Gina Andes
    Assistant Treasurer
    (Interim Principal Financial Officer)

 

Date: June 26, 2026

 
0000898031falseN-CSRSLORD ABBETT SECURITIES TRUSTN-1A2026-04-300000898031lordabbett:C000019522Member2025-11-012026-04-3000008980312025-11-012026-04-300000898031lordabbett:C000019522Member2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019522Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000019524Member2025-11-012026-04-300000898031lordabbett:C000019524Member2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019524Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000054925Member2025-11-012026-04-300000898031lordabbett:C000054925Member2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054925Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000184531Member2025-11-012026-04-300000898031lordabbett:C000184531Member2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000184531Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000019521Member2025-11-012026-04-300000898031lordabbett:C000019521Member2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000019521Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000054926Member2025-11-012026-04-300000898031lordabbett:C000054926Member2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054926Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000054927Member2025-11-012026-04-300000898031lordabbett:C000054927Member2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000054927Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000155670Member2025-11-012026-04-300000898031lordabbett:C000155670Member2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155670Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000155671Member2025-11-012026-04-300000898031lordabbett:C000155671Member2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155671Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000155672Member2025-11-012026-04-300000898031lordabbett:C000155672Member2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettDevelopingGrowthFundIncMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettFocusedSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettInternationalOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettMicroCapGrowthFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettSmallCapValueFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetLordAbbettValueOpportunitiesFundMinusClassICTIMember2026-04-300000898031lordabbett:C000155672Memberlordabbett:AssetTotalFOFCTIMember2026-04-300000898031lordabbett:C000175097Member2025-11-012026-04-300000898031lordabbett:C000175097Member2026-04-300000898031lordabbett:C000175097Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175097Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175097Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175097Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175097Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175097Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175097Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175097Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175097Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175097Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175097Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175097Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175097Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175098Member2025-11-012026-04-300000898031lordabbett:C000175098Member2026-04-300000898031lordabbett:C000175098Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175098Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175098Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175098Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175098Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175098Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175098Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175098Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175098Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175098Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175098Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175098Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175098Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175099Member2025-11-012026-04-300000898031lordabbett:C000175099Member2026-04-300000898031lordabbett:C000175099Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175099Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175099Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175099Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175099Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175099Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175099Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175099Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175099Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175099Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175099Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175099Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175099Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184543Member2025-11-012026-04-300000898031lordabbett:C000184543Member2026-04-300000898031lordabbett:C000184543Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184543Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184543Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184543Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184543Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184543Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184543Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184543Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184543Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184543Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000184543Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184543Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184543Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175100Member2025-11-012026-04-300000898031lordabbett:C000175100Member2026-04-300000898031lordabbett:C000175100Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175100Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175100Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175100Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175100Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175100Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175100Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175100Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175100Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175100Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175100Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175100Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175100Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175102Member2025-11-012026-04-300000898031lordabbett:C000175102Member2026-04-300000898031lordabbett:C000175102Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175102Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175102Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175102Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175102Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175102Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175102Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175102Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175102Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175102Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175102Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175102Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175102Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175103Member2025-11-012026-04-300000898031lordabbett:C000175103Member2026-04-300000898031lordabbett:C000175103Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175103Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175103Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175103Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175103Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175103Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175103Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175103Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175103Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175103Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175103Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175103Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175103Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175104Member2025-11-012026-04-300000898031lordabbett:C000175104Member2026-04-300000898031lordabbett:C000175104Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175104Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175104Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175104Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175104Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175104Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175104Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175104Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175104Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175104Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175104Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175104Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175104Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000175105Member2025-11-012026-04-300000898031lordabbett:C000175105Member2026-04-300000898031lordabbett:C000175105Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000175105Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000175105Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000175105Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000175105Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000175105Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000175105Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000175105Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000175105Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000175105Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000175105Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000175105Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000175105Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019525Member2025-11-012026-04-300000898031lordabbett:C000019525Member2026-04-300000898031lordabbett:C000019525Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019525Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019525Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019525Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019525Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019525Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019525Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019525Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019525Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019525Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019527Member2025-11-012026-04-300000898031lordabbett:C000019527Member2026-04-300000898031lordabbett:C000019527Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019527Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019527Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019527Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019527Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019527Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019527Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019527Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019527Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019527Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054928Member2025-11-012026-04-300000898031lordabbett:C000054928Member2026-04-300000898031lordabbett:C000054928Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054928Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054928Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054928Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054928Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054928Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054928Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054928Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054928Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054928Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184533Member2025-11-012026-04-300000898031lordabbett:C000184533Member2026-04-300000898031lordabbett:C000184533Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184533Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184533Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184533Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184533Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184533Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184533Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184533Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000184533Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000184533Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019529Member2025-11-012026-04-300000898031lordabbett:C000019529Member2026-04-300000898031lordabbett:C000019529Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019529Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019529Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019529Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019529Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019529Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019529Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019529Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019529Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019529Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019528Member2025-11-012026-04-300000898031lordabbett:C000019528Member2026-04-300000898031lordabbett:C000019528Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019528Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019528Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019528Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019528Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019528Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019528Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019528Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019528Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019528Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054929Member2025-11-012026-04-300000898031lordabbett:C000054929Member2026-04-300000898031lordabbett:C000054929Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054929Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054929Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054929Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054929Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054929Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054929Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054929Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054929Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054929Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054930Member2025-11-012026-04-300000898031lordabbett:C000054930Member2026-04-300000898031lordabbett:C000054930Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054930Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054930Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054930Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054930Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054930Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054930Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054930Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054930Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054930Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155673Member2025-11-012026-04-300000898031lordabbett:C000155673Member2026-04-300000898031lordabbett:C000155673Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155673Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155673Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155673Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155673Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155673Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155673Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155673Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155673Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155673Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155674Member2025-11-012026-04-300000898031lordabbett:C000155674Member2026-04-300000898031lordabbett:C000155674Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155674Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155674Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155674Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155674Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155674Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155674Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155674Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155674Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155674Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155675Member2025-11-012026-04-300000898031lordabbett:C000155675Member2026-04-300000898031lordabbett:C000155675Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155675Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155675Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155675Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155675Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155675Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155675Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155675Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155675Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155675Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019537Member2025-11-012026-04-300000898031lordabbett:C000019537Member2026-04-300000898031lordabbett:C000019537Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019537Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019537Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019537Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019537Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019537Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019537Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019537Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019537Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019537Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019537Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019537Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019537Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000212762Member2025-11-012026-04-300000898031lordabbett:C000212762Member2026-04-300000898031lordabbett:C000212762Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000212762Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000212762Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000212762Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000212762Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000212762Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000212762Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000212762Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000212762Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000212762Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000212762Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000212762Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000212762Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000212765Member2025-11-012026-04-300000898031lordabbett:C000212765Member2026-04-300000898031lordabbett:C000212765Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000212765Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000212765Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000212765Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000212765Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000212765Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000212765Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000212765Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000212765Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000212765Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000212765Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000212765Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000212765Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000212764Member2025-11-012026-04-300000898031lordabbett:C000212764Member2026-04-300000898031lordabbett:C000212764Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000212764Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000212764Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000212764Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000212764Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000212764Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000212764Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000212764Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000212764Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000212764Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000212764Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000212764Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000212764Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019538Member2025-11-012026-04-300000898031lordabbett:C000019538Member2026-04-300000898031lordabbett:C000019538Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019538Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019538Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019538Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019538Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019538Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019538Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019538Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019538Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019538Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019538Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019538Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019538Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000212760Member2025-11-012026-04-300000898031lordabbett:C000212760Member2026-04-300000898031lordabbett:C000212760Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000212760Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000212760Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000212760Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000212760Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000212760Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000212760Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000212760Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000212760Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000212760Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000212760Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000212760Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000212760Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000212759Member2025-11-012026-04-300000898031lordabbett:C000212759Member2026-04-300000898031lordabbett:C000212759Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000212759Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000212759Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000212759Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000212759Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000212759Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000212759Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000212759Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000212759Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000212759Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000212759Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000212759Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000212759Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208652Member2025-11-012026-04-300000898031lordabbett:C000208652Member2026-04-300000898031lordabbett:C000208652Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208652Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208652Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208652Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208652Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208652Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208652Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208652Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208652Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208648Member2025-11-012026-04-300000898031lordabbett:C000208648Member2026-04-300000898031lordabbett:C000208648Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208648Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208648Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208648Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208648Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208648Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208648Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208648Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208648Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208649Member2025-11-012026-04-300000898031lordabbett:C000208649Member2026-04-300000898031lordabbett:C000208649Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208649Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208649Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208649Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208649Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208649Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208649Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208649Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208649Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208650Member2025-11-012026-04-300000898031lordabbett:C000208650Member2026-04-300000898031lordabbett:C000208650Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208650Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208650Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208650Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208650Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208650Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208650Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208650Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208650Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208651Member2025-11-012026-04-300000898031lordabbett:C000208651Member2026-04-300000898031lordabbett:C000208651Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208651Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208651Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208651Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208651Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208651Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208651Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208651Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208651Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208653Member2025-11-012026-04-300000898031lordabbett:C000208653Member2026-04-300000898031lordabbett:C000208653Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208653Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208653Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208653Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208653Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208653Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208653Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208653Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208653Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208654Member2025-11-012026-04-300000898031lordabbett:C000208654Member2026-04-300000898031lordabbett:C000208654Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208654Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208654Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208654Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208654Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208654Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208654Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208654Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208654Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208655Member2025-11-012026-04-300000898031lordabbett:C000208655Member2026-04-300000898031lordabbett:C000208655Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208655Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208655Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208655Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208655Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208655Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208655Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208655Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208655Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208656Member2025-11-012026-04-300000898031lordabbett:C000208656Member2026-04-300000898031lordabbett:C000208656Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000208656Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000208656Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000208656Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000208656Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000208656Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000208656Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000208656Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208656Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209879Member2025-11-012026-04-300000898031lordabbett:C000209879Member2026-04-300000898031lordabbett:C000209879Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209879Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209879Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209879Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209879Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209879Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209879Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209879Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209879Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209879Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209879Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209879Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209875Member2025-11-012026-04-300000898031lordabbett:C000209875Member2026-04-300000898031lordabbett:C000209875Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209875Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209875Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209875Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209875Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209875Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209875Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209875Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209875Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209875Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209875Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209875Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209876Member2025-11-012026-04-300000898031lordabbett:C000209876Member2026-04-300000898031lordabbett:C000209876Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209876Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209876Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209876Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209876Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209876Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209876Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209876Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209876Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209876Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209876Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209876Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209877Member2025-11-012026-04-300000898031lordabbett:C000209877Member2026-04-300000898031lordabbett:C000209877Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209877Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209877Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209877Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209877Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209877Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209877Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209877Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209877Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209877Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209877Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209877Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209878Member2025-11-012026-04-300000898031lordabbett:C000209878Member2026-04-300000898031lordabbett:C000209878Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209878Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209878Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209878Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209878Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209878Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209878Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209878Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209878Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209878Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209878Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209878Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209880Member2025-11-012026-04-300000898031lordabbett:C000209880Member2026-04-300000898031lordabbett:C000209880Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209880Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209880Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209880Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209880Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209880Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209880Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209880Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209880Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209880Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209880Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209880Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209881Member2025-11-012026-04-300000898031lordabbett:C000209881Member2026-04-300000898031lordabbett:C000209881Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209881Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209881Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209881Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209881Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209881Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209881Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209881Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209881Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209881Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209881Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209881Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209882Member2025-11-012026-04-300000898031lordabbett:C000209882Member2026-04-300000898031lordabbett:C000209882Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209882Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209882Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209882Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209882Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209882Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209882Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209882Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209882Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209882Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209882Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209882Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000209883Member2025-11-012026-04-300000898031lordabbett:C000209883Member2026-04-300000898031lordabbett:C000209883Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000209883Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000209883Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000209883Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000209883Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000209883Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000209883Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000209883Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000209883Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000209883Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000209883Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000209883Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019515Member2025-11-012026-04-300000898031lordabbett:C000019515Member2026-04-300000898031lordabbett:C000019515Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019515Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019515Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019515Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019515Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019515Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019515Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019515Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019515Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019515Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019515Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019515Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019515Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019517Member2025-11-012026-04-300000898031lordabbett:C000019517Member2026-04-300000898031lordabbett:C000019517Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019517Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019517Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019517Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019517Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019517Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019517Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019517Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019517Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019517Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019517Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019517Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019517Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054922Member2025-11-012026-04-300000898031lordabbett:C000054922Member2026-04-300000898031lordabbett:C000054922Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054922Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054922Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054922Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054922Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054922Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054922Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054922Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054922Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054922Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054922Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054922Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054922Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184529Member2025-11-012026-04-300000898031lordabbett:C000184529Member2026-04-300000898031lordabbett:C000184529Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184529Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184529Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184529Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184529Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184529Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184529Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184529Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184529Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184529Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000184529Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184529Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184529Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019519Member2025-11-012026-04-300000898031lordabbett:C000019519Member2026-04-300000898031lordabbett:C000019519Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019519Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019519Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019519Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019519Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019519Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019519Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019519Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019519Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019519Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019519Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019519Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019519Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019518Member2025-11-012026-04-300000898031lordabbett:C000019518Member2026-04-300000898031lordabbett:C000019518Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019518Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019518Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019518Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019518Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019518Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019518Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019518Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019518Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019518Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019518Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019518Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019518Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054923Member2025-11-012026-04-300000898031lordabbett:C000054923Member2026-04-300000898031lordabbett:C000054923Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054923Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054923Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054923Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054923Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054923Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054923Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054923Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054923Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054923Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054923Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054923Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054923Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054924Member2025-11-012026-04-300000898031lordabbett:C000054924Member2026-04-300000898031lordabbett:C000054924Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054924Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054924Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054924Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054924Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054924Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054924Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054924Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054924Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054924Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054924Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054924Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054924Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155667Member2025-11-012026-04-300000898031lordabbett:C000155667Member2026-04-300000898031lordabbett:C000155667Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155667Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155667Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155667Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155667Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155667Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155667Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155667Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155667Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155667Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155667Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155667Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155667Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155668Member2025-11-012026-04-300000898031lordabbett:C000155668Member2026-04-300000898031lordabbett:C000155668Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155668Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155668Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155668Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155668Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155668Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155668Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155668Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155668Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155668Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155668Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155668Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155668Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155669Member2025-11-012026-04-300000898031lordabbett:C000155669Member2026-04-300000898031lordabbett:C000155669Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155669Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155669Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155669Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155669Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155669Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155669Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155669Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155669Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155669Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155669Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155669Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155669Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101588Member2025-11-012026-04-300000898031lordabbett:C000101588Member2026-04-300000898031lordabbett:C000101588Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101588Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101588Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101588Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101588Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101588Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101588Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101588Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101588Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101588Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101589Member2025-11-012026-04-300000898031lordabbett:C000101589Member2026-04-300000898031lordabbett:C000101589Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101589Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101589Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101589Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101589Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101589Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101589Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101589Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101589Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101589Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101590Member2025-11-012026-04-300000898031lordabbett:C000101590Member2026-04-300000898031lordabbett:C000101590Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101590Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101590Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101590Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101590Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101590Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101590Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101590Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101590Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101590Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184541Member2025-11-012026-04-300000898031lordabbett:C000184541Member2026-04-300000898031lordabbett:C000184541Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184541Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184541Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184541Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184541Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184541Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184541Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184541Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184541Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184541Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101591Member2025-11-012026-04-300000898031lordabbett:C000101591Member2026-04-300000898031lordabbett:C000101591Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101591Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101591Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101591Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101591Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101591Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101591Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101591Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101591Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101591Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101592Member2025-11-012026-04-300000898031lordabbett:C000101592Member2026-04-300000898031lordabbett:C000101592Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101592Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101592Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101592Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101592Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101592Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101592Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101592Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101592Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101592Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000101593Member2025-11-012026-04-300000898031lordabbett:C000101593Member2026-04-300000898031lordabbett:C000101593Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000101593Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000101593Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000101593Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000101593Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000101593Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000101593Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000101593Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000101593Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000101593Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155685Member2025-11-012026-04-300000898031lordabbett:C000155685Member2026-04-300000898031lordabbett:C000155685Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155685Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155685Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155685Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155685Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155685Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155685Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155685Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155685Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155685Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155686Member2025-11-012026-04-300000898031lordabbett:C000155686Member2026-04-300000898031lordabbett:C000155686Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155686Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155686Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155686Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155686Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155686Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155686Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155686Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155686Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155686Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155687Member2025-11-012026-04-300000898031lordabbett:C000155687Member2026-04-300000898031lordabbett:C000155687Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155687Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155687Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155687Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155687Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155687Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155687Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155687Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155687Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155687Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208658Member2025-11-012026-04-300000898031lordabbett:C000208658Member2026-04-300000898031lordabbett:C000208658Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208658Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208659Member2025-11-012026-04-300000898031lordabbett:C000208659Member2026-04-300000898031lordabbett:C000208659Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208659Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208660Member2025-11-012026-04-300000898031lordabbett:C000208660Member2026-04-300000898031lordabbett:C000208660Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208660Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208661Member2025-11-012026-04-300000898031lordabbett:C000208661Member2026-04-300000898031lordabbett:C000208661Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208661Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208662Member2025-11-012026-04-300000898031lordabbett:C000208662Member2026-04-300000898031lordabbett:C000208662Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208662Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208664Member2025-11-012026-04-300000898031lordabbett:C000208664Member2026-04-300000898031lordabbett:C000208664Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208664Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208665Member2025-11-012026-04-300000898031lordabbett:C000208665Member2026-04-300000898031lordabbett:C000208665Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208665Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208667Member2025-11-012026-04-300000898031lordabbett:C000208667Member2026-04-300000898031lordabbett:C000208667Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208667Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000208666Member2025-11-012026-04-300000898031lordabbett:C000208666Member2026-04-300000898031lordabbett:C000208666Memberlordabbett:BiotechnologySectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:HealthCareEquipmentSuppliesSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:HealthCareProvidersServicesSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:HealthCareTechnologySectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:LifeSciencesToolsServicesSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:PharmaceuticalsSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000208666Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019658Member2025-11-012026-04-300000898031lordabbett:C000019658Member2026-04-300000898031lordabbett:C000019658Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019658Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019658Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019658Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019658Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019658Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019658Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019658Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019658Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019658Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019660Member2025-11-012026-04-300000898031lordabbett:C000019660Member2026-04-300000898031lordabbett:C000019660Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019660Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019660Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019660Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019660Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019660Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019660Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019660Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019660Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019660Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054937Member2025-11-012026-04-300000898031lordabbett:C000054937Member2026-04-300000898031lordabbett:C000054937Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054937Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054937Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054937Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054937Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054937Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054937Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054937Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054937Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054937Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184538Member2025-11-012026-04-300000898031lordabbett:C000184538Member2026-04-300000898031lordabbett:C000184538Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184538Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184538Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184538Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184538Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184538Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184538Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184538Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000184538Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000184538Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019662Member2025-11-012026-04-300000898031lordabbett:C000019662Member2026-04-300000898031lordabbett:C000019662Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019662Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019662Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019662Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019662Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019662Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019662Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019662Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019662Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019662Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019661Member2025-11-012026-04-300000898031lordabbett:C000019661Member2026-04-300000898031lordabbett:C000019661Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019661Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019661Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019661Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019661Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019661Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019661Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019661Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019661Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019661Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054938Member2025-11-012026-04-300000898031lordabbett:C000054938Member2026-04-300000898031lordabbett:C000054938Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054938Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054938Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054938Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054938Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054938Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054938Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054938Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054938Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054938Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054939Member2025-11-012026-04-300000898031lordabbett:C000054939Member2026-04-300000898031lordabbett:C000054939Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000054939Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054939Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054939Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054939Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054939Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054939Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054939Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054939Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000054939Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155679Member2025-11-012026-04-300000898031lordabbett:C000155679Member2026-04-300000898031lordabbett:C000155679Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155679Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155679Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155679Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155679Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155679Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155679Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155679Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155679Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155679Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155680Member2025-11-012026-04-300000898031lordabbett:C000155680Member2026-04-300000898031lordabbett:C000155680Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155680Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155680Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155680Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155680Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155680Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155680Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155680Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155680Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155680Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155681Member2025-11-012026-04-300000898031lordabbett:C000155681Member2026-04-300000898031lordabbett:C000155681Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155681Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155681Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155681Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155681Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155681Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155681Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155681Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155681Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155681Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065058Member2025-11-012026-04-300000898031lordabbett:C000065058Member2026-04-300000898031lordabbett:C000065058Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065058Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065058Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065058Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065058Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065058Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065058Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065058Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065058Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065060Member2025-11-012026-04-300000898031lordabbett:C000065060Member2026-04-300000898031lordabbett:C000065060Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065060Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065060Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065060Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065060Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065060Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065060Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065060Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065060Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065061Member2025-11-012026-04-300000898031lordabbett:C000065061Member2026-04-300000898031lordabbett:C000065061Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065061Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065061Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065061Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065061Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065061Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065061Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065061Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065061Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184539Member2025-11-012026-04-300000898031lordabbett:C000184539Member2026-04-300000898031lordabbett:C000184539Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000184539Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184539Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184539Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184539Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184539Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184539Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184539Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000184539Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065062Member2025-11-012026-04-300000898031lordabbett:C000065062Member2026-04-300000898031lordabbett:C000065062Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065062Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065062Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065062Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065062Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065062Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065062Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065062Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065062Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065063Member2025-11-012026-04-300000898031lordabbett:C000065063Member2026-04-300000898031lordabbett:C000065063Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065063Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065063Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065063Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065063Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065063Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065063Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065063Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065063Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000065064Member2025-11-012026-04-300000898031lordabbett:C000065064Member2026-04-300000898031lordabbett:C000065064Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000065064Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000065064Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000065064Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000065064Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000065064Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000065064Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000065064Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000065064Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155682Member2025-11-012026-04-300000898031lordabbett:C000155682Member2026-04-300000898031lordabbett:C000155682Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155682Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155682Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155682Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155682Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155682Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155682Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155682Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155682Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155683Member2025-11-012026-04-300000898031lordabbett:C000155683Member2026-04-300000898031lordabbett:C000155683Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155683Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155683Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155683Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155683Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155683Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155683Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155683Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155683Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155684Member2025-11-012026-04-300000898031lordabbett:C000155684Member2026-04-300000898031lordabbett:C000155684Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000155684Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155684Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155684Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155684Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155684Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155684Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155684Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000155684Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019535Member2025-11-012026-04-300000898031lordabbett:C000019535Member2026-04-300000898031lordabbett:C000019535Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019535Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019535Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019535Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019535Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019535Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000221454Member2025-11-012026-04-300000898031lordabbett:C000221454Member2026-04-300000898031lordabbett:C000221454Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000221454Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000221454Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000221454Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000221454Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000221454Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000221457Member2025-11-012026-04-300000898031lordabbett:C000221457Member2026-04-300000898031lordabbett:C000221457Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000221457Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000221457Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000221457Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000221457Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000221457Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019536Member2025-11-012026-04-300000898031lordabbett:C000019536Member2026-04-300000898031lordabbett:C000019536Memberlordabbett:CommunicationServicesSectorMember2026-04-300000898031lordabbett:C000019536Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019536Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019536Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019536Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:MoneyMarketFundsSectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:TimeDepositsSectorMember2026-04-300000898031lordabbett:C000019536Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019539Member2025-11-012026-04-300000898031lordabbett:C000019539Member2026-04-300000898031lordabbett:C000019539Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019539Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019539Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019539Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019539Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019539Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019539Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019539Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019539Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019539Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019539Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019539Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019541Member2025-11-012026-04-300000898031lordabbett:C000019541Member2026-04-300000898031lordabbett:C000019541Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019541Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019541Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019541Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019541Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019541Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019541Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019541Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019541Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019541Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019541Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019541Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054934Member2025-11-012026-04-300000898031lordabbett:C000054934Member2026-04-300000898031lordabbett:C000054934Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054934Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054934Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054934Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054934Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054934Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054934Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054934Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054934Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054934Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054934Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054934Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000184535Member2025-11-012026-04-300000898031lordabbett:C000184535Member2026-04-300000898031lordabbett:C000184535Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000184535Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000184535Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000184535Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000184535Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000184535Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000184535Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000184535Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000184535Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000184535Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000184535Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000184535Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019543Member2025-11-012026-04-300000898031lordabbett:C000019543Member2026-04-300000898031lordabbett:C000019543Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019543Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019543Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019543Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019543Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019543Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019543Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019543Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019543Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019543Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019543Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019543Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000019542Member2025-11-012026-04-300000898031lordabbett:C000019542Member2026-04-300000898031lordabbett:C000019542Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000019542Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000019542Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000019542Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000019542Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000019542Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000019542Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000019542Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000019542Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000019542Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000019542Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000019542Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054935Member2025-11-012026-04-300000898031lordabbett:C000054935Member2026-04-300000898031lordabbett:C000054935Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054935Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054935Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054935Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054935Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054935Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054935Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054935Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054935Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054935Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054935Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054935Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000054936Member2025-11-012026-04-300000898031lordabbett:C000054936Member2026-04-300000898031lordabbett:C000054936Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000054936Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000054936Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000054936Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000054936Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000054936Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000054936Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000054936Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000054936Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000054936Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000054936Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000054936Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155676Member2025-11-012026-04-300000898031lordabbett:C000155676Member2026-04-300000898031lordabbett:C000155676Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155676Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155676Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155676Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155676Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155676Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155676Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155676Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155676Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155676Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155676Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155676Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155677Member2025-11-012026-04-300000898031lordabbett:C000155677Member2026-04-300000898031lordabbett:C000155677Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155677Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155677Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155677Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155677Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155677Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155677Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155677Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155677Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155677Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155677Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155677Memberlordabbett:TotalCTIMember2026-04-300000898031lordabbett:C000155678Member2025-11-012026-04-300000898031lordabbett:C000155678Member2026-04-300000898031lordabbett:C000155678Memberoef:ConsumerDiscretionarySectorMember2026-04-300000898031lordabbett:C000155678Memberoef:ConsumerStaplesSectorMember2026-04-300000898031lordabbett:C000155678Memberus-gaap:EnergySectorMember2026-04-300000898031lordabbett:C000155678Memberlordabbett:FinancialsSectorMember2026-04-300000898031lordabbett:C000155678Memberus-gaap:HealthcareSectorMember2026-04-300000898031lordabbett:C000155678Memberlordabbett:IndustrialsSectorMember2026-04-300000898031lordabbett:C000155678Memberoef:InformationTechnologySectorMember2026-04-300000898031lordabbett:C000155678Memberoef:MaterialsSectorMember2026-04-300000898031lordabbett:C000155678Memberus-gaap:RealEstateSectorMember2026-04-300000898031lordabbett:C000155678Memberoef:UtilitiesSectorMember2026-04-300000898031lordabbett:C000155678Memberlordabbett:RepurchaseAgreementsSectorMember2026-04-300000898031lordabbett:C000155678Memberlordabbett:TotalCTIMember2026-04-30iso4217:USDxbrli:sharesiso4217:USDxbrli:sharesxbrli:pureutr:Dlordabbett:Holding

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

CODE OF ETHICS

CERTIFICATION

CERTIFICATION

lordabbett-20260430.xsd

IDEA: R1.htm

IDEA: R2.htm

IDEA: R3.htm

IDEA: FilingSummary.xml

IDEA: MetaLinks.json

IDEA: c116322_ncsrs-ixbrl_htm.xml