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    Lord Abbett Multi-Asset Growth A (LWSAX)

    17.63 Down 0.07(0.40%) Jan 27

    Profile as of Dec 30, 2014Get Profile for:
    Lord Abbett Multi-Asset Growth A
    Lord Abbett Investment Trust90 Hudson StreetJersey City, NJ 7302
    Map
    Phone: 888-522-2388
    Fund Overview 
    Category:Aggressive Allocation
    Fund Family:Lord Abbett
    Net Assets:1.14B
    Year-to-Date Return:7.41%
    Yield:4.50%
    Morningstar Rating:3 stars
    Fund Inception Date:Jun 30, 2005
    Morningstar Style Box 
    Aggressive Allocation
    [View Category Definition]
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    Management Information 
    Robert I. Gerber
    Lead Manager since Jun 30, 2005
    Mr. Gerber is the Chief Investment Officer and is responsible for directing the portfolio management, research and trading activities for our equity and fixed income strategies. He is the portfolio manager of the Allocation Strategies and the chair of the Asset Allocation Investment Committee. Mr. Gerber joined Lord Abbett in 1997 as Director of Taxable Fixed Income Management and was named Partner in 1998. His prior experience includes: Shareholder and Senior Portfolio Manager-Mortgage Group at Sanford C. Bernstein & Co., Inc.; and Vice President, Fixed-Income Research at the First Boston Corporation. Before his entry into the investment management business, Mr. Gerber had a career in academics, teaching economics at the State University of New York at Albany, Vassar College and Columbia University. Mr. Gerber received a BA from Union College and an MA and Ph.D. from Columbia University. He has been in the investment business since 1987.
    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 107 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 principally 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 : 0.00
    Last Cap Gain (Dec 22, 2014) : 0.00
    Annual Holdings Turnover (Jan 25, 2015) : 36.72%
    Average for Category:35.16%
    Fees & Expenses 
    ExpenseLWSAXCategory Avg
    Annual Report Expense Ratio (net):0.31%0.85%
    Prospectus Net Expense Ratio:1.21%N/A
    Prospectus Gross Expense Ratio:1.21%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:2.25%5.25%
    Max Deferred Sales Load: N/A2.41%
    3 Yr Expense Projection*:600641
    5 Yr Expense Projection*:875954
    10 Yr Expense Projection*:1,6581,884
    * Per $10,000 invested