Lord Abbett converted its growth and income fund last month, renaming the $275 million fund to
Lord Abbett All Value Fund. The Jersey City, New Jersey-based fund firm changed the name to reflect larger positions in small- and mid-cap companies.
"We placed all the different market cap options into one fund to take advantage of what's doing well," explained a Lord Abbett wholesaler.
The prospectus was not affected by the conversion.
The fund firm has a total of 55 employees and $40 billion in assets under management. The name change took effect March 1, 2001 
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