5 / 5 Stars
5 5 4 4 1
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 187 Conservative 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 13.23 percent over the past year, 8.45 percent over the past three years, and 12.36 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.5%|
|3 Years (Annualized)||8.5%|
|5 Years (Annualized)||12.4%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current 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 fixed income securities and select U.S. equity 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 Average compared to funds in the same category.
Lord Abbett Multi-Asset Income Fund has an expense ratio of 0.17 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.