What is the minimum investment amount for Lord Abbett funds?

The minimum investment amount for Lord Abbett funds can vary depending on the specific fund and the share class selected. Generally, Lord Abbett offers several share classes, each with different minimum investment requirements. For many of their mutual funds, the minimum initial investment often starts around one thousand dollars or more. However, for certain accounts or through specific programs, the minimum could be lower. In addition, some funds may require minimum investments that are higher for subsequent purchases. It is always advisable to examine the specific prospectus or fund details on the Lord Abbett website for current and precise information regarding minimum investment amounts for each fund. This ensures that investors have the most accurate and up-to-date knowledge tailored to their interests.