• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down0.07% Nasdaq Up0.32%

    Lord Abbett Multi-Asset Global Opp C (LAGCX)

    9.76 Up 0.01(0.10%) Aug 28

    Profile as of Jul 30, 2015Get Profile for:
    Lord Abbett Multi-Asset Global Opp C
    Lord Abbett Global Fund Inc90 Hudson StreetJersey City NJ 07302
    Phone: 888-522-2388
    Fund Overview 
    Category:World Allocation
    Fund Family:Lord Abbett
    Net Assets:284.67M
    Year-to-Date Return:-1.13%
    Morningstar Rating:2 stars
    Fund Inception Date:Aug 1, 1996
    Morningstar Style Box 
    World Allocation
    [View Category Definition]
    View Top World Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Robert I. Gerber
    Lead Manager since Jul 1, 2008
    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:1,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:250
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    LAGCX can be purchased from 53 brokerages.

    Fund Summary 
    The investment seeks total return. The fund is a "fund of funds" that invests in affiliated mutual funds managed by Lord, Abbett & Co. LLC. Under normal conditions, through the underlying funds, it indirectly invests principally in equity and fixed income securities of corporate and governmental issuers located in North and South America, Europe, Australia, and the Far East. It may invest directly in derivatives with an aggregate net notional value representing up to 50% of the fund's net assets. However, the adviser currently expects that the aggregate net notional value of such instruments will not exceed 35% of the fund's net assets.

    Fund Operations 
    Last Dividend (Jun 29, 2015) : 0.08
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Aug 26, 2015) : 40.53%
    Average for Category:45.97%
    Fees & Expenses 
    ExpenseLAGCXCategory Avg
    Annual Report Expense Ratio (net):1.08%1.05%
    Prospectus Net Expense Ratio:2.07%N/A
    Prospectus Gross Expense Ratio:2.22%N/A
    Max 12b1 Fee:1.00%N/A
    Max Front End Sales Load:N/A5.37%
    Max Deferred Sales Load: 1.00%1.93%
    3 Yr Expense Projection*:680614
    5 Yr Expense Projection*:1,176987
    10 Yr Expense Projection*:2,5432,015
    * Per $10,000 invested