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Lord Abbett Income A (LAGVX)

2.76 Up 0.01(0.36%) Apr 28

Profile as of Mar 30, 2016Get Profile for:
Lord Abbett Income A
Lord Abbett Investment Trust90 Hudson StreetJersey City, NJ 7302
Phone: 888-522-2388
Fund Overview 
Category:Corporate Bond
Fund Family:Lord Abbett
Net Assets:1.79B
Year-to-Date Return:3.07%
Morningstar Rating:3 stars
Fund Inception Date:Jan 4, 1982
Morningstar Style Box 
Corporate Bond
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Management Information 
Andrew A. O'Brien
Lead Manager since Jan 8, 1998
Mr. O’Brien is a lead portfolio manager for the taxable fixed income strategies. Mr. O’Brien joined Lord Abbett in 1998 and was named Partner in 2008. Mr. O’Brien received a BA from Princeton University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1998.
Investment Information 
Min Initial Investment:1,500
Min Initial Investment, IRA:1,500
Min Initial Investment, AIP:250
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
LAGVX can be purchased from 125 brokerages.

Fund Summary 
The investment seeks a high level of income consistent with preservation of capital. Under normal conditions, the fund pursues its investment objective by investing at least 65% of its net assets in investment grade debt (or fixed income) securities including Corporate debt securities of U.S. issuers; Corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; Mortgage-backed, mortgage-related and other asset-backed securities; Securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises; and Inflation-linked investments.

Fund Operations 
Last Dividend (Mar 30, 2016) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Apr 27, 2016) : 163.22%
Average for Category:71.81%
Fees & Expenses 
ExpenseLAGVXCategory Avg
Annual Report Expense Ratio (net):0.78%0.87%
Prospectus Net Expense Ratio:0.78%N/A
Prospectus Gross Expense Ratio:0.90%N/A
Max 12b1 Fee:0.20%N/A
Max Front End Sales Load:2.25%4.03%
Max Deferred Sales Load: N/A2.13%
3 Yr Expense Projection*:494420
5 Yr Expense Projection*:701648
10 Yr Expense Projection*:1,2971,267
* Per $10,000 invested