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Lord Abbett Multi-Asset Growth A (LWSAX)

15.72 Down 0.10(0.63%) Apr 28

Profile as of Mar 30, 2016Get Profile for:
Lord Abbett Multi-Asset Growth A
Lord Abbett Investment Trust90 Hudson StreetJersey City, NJ 7302
Phone: 888-522-2388
Fund Overview 
Category:Aggressive Allocation
Fund Family:Lord Abbett
Net Assets:1.13B
Year-to-Date Return:0.63%
Morningstar Rating:2 stars
Fund Inception Date:Jun 30, 2005
Morningstar Style Box 
Aggressive Allocation
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Management Information 
Giulio A. Martini
Lead Manager since Nov 2, 2015
Martini is chief investment officer-currency & quantitative strategies of AllianceBernstein with which he has been associated since prior to 2001. Previously, he was named chief international economist and portfolio manager on the international and global value equities team in 1992. He also served as a senior economist since joining Bernstein in 1985. Prior to AllianceBernstein, he conducted economic research and taught at the Institute of Employment Policy at Boston University for three years.
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
LWSAX can be purchased from 115 brokerages.

Fund Summary 
The investment seeks long-term capital appreciation and growth of income. The fund is a "fund of funds" that invests principally in affiliated mutual funds managed by Lord, Abbett & Co. LLC (the "underlying funds"). Under normal conditions, through the underlying funds, it indirectly invests primarily in U.S. equity securities and select fixed income securities and foreign (including emerging market) securities. The fund uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.

Fund Operations 
Last Dividend (Mar 30, 2016) : 0.08
Last Cap Gain : 0.00
Annual Holdings Turnover (Apr 26, 2016) : 17.50%
Average for Category:47.66%
Fees & Expenses 
ExpenseLWSAXCategory Avg
Annual Report Expense Ratio (net):0.35%0.82%
Prospectus Net Expense Ratio:1.19%N/A
Prospectus Gross Expense Ratio:1.19%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:2.25%5.29%
Max Deferred Sales Load: N/A2.30%
3 Yr Expense Projection*:594560
5 Yr Expense Projection*:865891
10 Yr Expense Projection*:1,6361,809
* Per $10,000 invested