3 / 5 Stars
4 4 1 2 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 115 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 19.36 percent over the past year, 10.63 percent over the past three years, and 14.26 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.1%|
|3 Years (Annualized)||10.6%|
|5 Years (Annualized)||14.3%|
|10 Years (Annualized)||N/A|
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.
Fees are Low compared to funds in the same category.
Lord Abbett Multi-Asset Growth Fund has an expense ratio of 0.55 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.