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    Lord Abbett Diversified Equity Strat R3 (LDSRX)

    19.11 Up 0.11(0.58%) Jan 26

    Profile as of Dec 30, 2014Get Profile for:
    Lord Abbett Diversified Equity Strat R3
    Lord Abbett Investment Trust90 Hudson StreetJersey City, NJ 7302
    Map
    Phone: 888-522-2388
    Fund Overview 
    Category:Large Growth
    Fund Family:Lord Abbett
    Net Assets:272.32M
    Year-to-Date Return:4.96%
    Yield:1.93%
    Morningstar Rating:2 stars
    Fund Inception Date:Sep 28, 2007
    Morningstar Style Box 
    Large Growth
    [View Category Definition]
    View Top Large Growth Funds
    About the Morningstar Style Box
    Management Information 
    Robert I. Gerber
    Lead Manager since Jun 30, 2006
    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: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
    LDSRX can be purchased from 33 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. 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 equity securities of U.S. and selects foreign (including emerging market) companies of all sizes managed in both growth and value styles. 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 (Dec 22, 2014) : 0.41
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jan 25, 2015) : 27.24%
    Average for Category:57.31%
    Fees & Expenses 
    ExpenseLDSRXCategory Avg
    Annual Report Expense Ratio (net):0.50%1.20%
    Prospectus Net Expense Ratio:1.56%N/A
    Prospectus Gross Expense Ratio:1.61%N/A
    Max 12b1 Fee:0.50%N/A
    Max Front End Sales Load:N/A5.44%
    Max Deferred Sales Load: N/A2.20%
    3 Yr Expense Projection*:503532
    5 Yr Expense Projection*:871841
    10 Yr Expense Projection*:1,9071,700
    * Per $10,000 invested