Lord Abbett Balanced Strategy R2
90 Hudson StreetJersey City NJ 07302
Map
Phone: 888-522-2388
| Category: | Moderate Allocation | | Fund Family: | Lord Abbett | | Net Assets: | 1.55B | | Year-to-Date Return: | 6.64% | | Yield: | 2.96% | | Morningstar Rating: |  | | Fund Inception Date: | Sep 27, 2007 |
|
Robert I. Gerber
Lead Manager since Jun 29, 2005 | | | Mr. Gerber joined Lord Abbett in 1997 from Sanford C. Bernstein & Co., Inc. where he was a Shareholder and the Senior Portfolio Manager-Mortgage Group. His prior experience also includes serving as a Vice President of 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. |
| Min Initial Investment: | 0 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
|
| |
| The investment seeks current income and capital growth.
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 market conditions, through the underlying funds, the fund indirectly invests principally in U.S. equity securities and fixed income securities and selects foreign (including emerging market) securities. It uses a "blend" strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both. |
| Last Dividend
(May 30, 2013)
:
| 0.01 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(Jun 3, 2013)
:
| 55.52% | | Average for Category: | 71.92% |
|
| Expense | BLAQX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.65% | 0.98% | | Prospectus Net Expense Ratio: | 1.51% | N/A | | Prospectus Gross Expense Ratio: | 1.56% | N/A | | Max 12b1 Fee: | 0.60% | N/A | | Max Front End Sales Load: | N/A | 5.29% | | Max Deferred Sales Load:
| N/A | 2.51% | | 3 Yr Expense Projection*: | 488 | 597 | | 5 Yr Expense Projection*: | 845 | 921 | | 10 Yr Expense Projection*: | 1,852 | 1,819 |
|
|
0.06(0.50%) Jun 17