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Lord Abbett Multi-Asset Growth F (LGXFX)

19.34 Up 0.05(0.26%) Aug 21

Profile as of Jul 30, 2014Get Profile for:
Lord Abbett Multi-Asset Growth F
90 Hudson StreetJersey City NJ 07302
Phone: 888-522-2388
Fund Overview 
Category:Aggressive Allocation
Fund Family:Lord Abbett
Net Assets:1.08B
Year-to-Date Return:4.97%
Morningstar Rating:3 stars
Fund Inception Date:Sep 28, 2007
Morningstar Style Box 
Aggressive Allocation
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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: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
LGXFX can be purchased from 36 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 (Jun 26, 2014) : 0.13
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 19, 2014) : 36.72%
Average for Category:45.01%
Fees & Expenses 
ExpenseLGXFXCategory Avg
Annual Report Expense Ratio (net):0.16%0.90%
Prospectus Net Expense Ratio:1.06%N/A
Prospectus Gross Expense Ratio:1.06%N/A
Max 12b1 Fee:0.10%N/A
Max Front End Sales Load:N/A5.26%
Max Deferred Sales Load: N/A2.52%
3 Yr Expense Projection*:337642
5 Yr Expense Projection*:585968
10 Yr Expense Projection*:1,2941,886
* Per $10,000 invested