Dow Up0.12% Nasdaq Up1.35%

Lord Abbett Multi-Asset Global Opp C (LAGCX)

11.17 Up 0.06(0.54%) Oct 20

Profile as of Sep 29, 2014Get Profile for:
Lord Abbett Multi-Asset Global Opp C
90 Hudson StreetJersey City NJ 07302
Map
Phone: 888-522-2388
Fund Overview 
Category:World Allocation
Fund Family:Lord Abbett
Net Assets:286.67M
Year-to-Date Return:1.83%
Yield:3.74%
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 52 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 market 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 fund 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 : 0.00
Last Cap Gain (Jul 30, 2014) : 0.00
Annual Holdings Turnover (Oct 16, 2014) : 23.00%
Average for Category:48.75%
Fees & Expenses 
ExpenseLAGCXCategory Avg
Annual Report Expense Ratio (net):1.05%1.11%
Prospectus Net Expense Ratio:2.11%N/A
Prospectus Gross Expense Ratio:2.26%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A5.43%
Max Deferred Sales Load: 1.00%1.95%
3 Yr Expense Projection*:692707
5 Yr Expense Projection*:1,1961,140
10 Yr Expense Projection*:2,5842,293
* Per $10,000 invested