Lord Abbett Classic Stock R3
90 Hudson Street11th FloorJersey City NJ 07302
Map
Phone: 888-522-2388
| Category: | Large Blend | | Fund Family: | Lord Abbett | | Net Assets: | 792.23M | | Year-to-Date Return: | 8.82% | | Yield: | 0.98% | | Morningstar Rating: |  | | Fund Inception Date: | Sep 27, 2007 |
|
Daniel H. Frascarelli
Lead Manager since Jul 10, 2005 | | | Mr. Frascarelli is a lead portfolio manager of the large cap core and large cap value equity and balanced strategies. Mr. Frascarelli joined Lord Abbett in 1990 as a research analyst and portfolio manager for the large cap value strategy. He was named partner in 2002. His prior experience includes: Vice President and Analyst at Altman Brenner & Wasserman; and Research Analyst at Cyrus J. Lawrence, Inc. Mr. Frascarelli received a BS from Syracuse University, an MS from Columbia University, and an MBA from New York University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1983. |
| 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 growth of capital and growth of income consistent with reasonable risk.
To pursue its objective, under normal market conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of large, seasoned, U.S. and multinational companies. It uses a "blend" strategy to invest in both growth and value stocks, or in stocks with characteristics of both. The fund may invest in U.S. and foreign (which may include emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may include American Depositary Receipts ("ADRs"). |
| Last Dividend
(Dec 17, 2012)
:
| 0.32 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 12.89% | | Average for Category: | 51.91% |
|
| Expense | LRLRX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.12% | 1.11% | | Prospectus Net Expense Ratio: | 1.13% | N/A | | Prospectus Gross Expense Ratio: | 1.44% | N/A | | Max 12b1 Fee: | 0.50% | N/A | | Max Front End Sales Load: | N/A | 5.27% | | Max Deferred Sales Load:
| N/A | 2.36% | | 3 Yr Expense Projection*: | 409 | 775 | | 5 Yr Expense Projection*: | 742 | 1,258 | | 10 Yr Expense Projection*: | 1,683 | 2,352 |
|
|
0.29(0.83%) May 22