Lord Abbett Emerging Markets Currency Fund

Scorecard
2 / 5 Stars
Lipper
3 4 1 5 2
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
E- (Sell)

U.S. News evaluated 21 Multicurrency Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.65 percent over the past year, -0.99 percent over the past three years, 2.88 percent over the past five years, and 2.64 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 3.1%
1 Year 3.6%
3 Years (Annualized) -1.0%
5 Years (Annualized) 2.9%
10 Years (Annualized) 2.6%

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Summary

The investment seeks high total return. To pursue its objective, under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in instruments that provide investment exposure to the currencies of, and in fixed income instruments denominated in the currencies of, emerging markets at the time of purchase. Emerging markets include countries in Asia, Africa, the Middle East, Latin America, and Europe. It also may invest up to 15% of its total assets in high yield debt securities. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Lord Abbett Emerging Markets Currency Fund has an expense ratio of 1.62 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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