| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
4
4
1
1
2
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
---
|
|
TheStreet.com
E-
(Sell)
|
U.S. News evaluated 22 Multicurrency Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 4.96 percent over the past year, 2.91 percent over the past three years, 2.36 percent over the past five years, and 3.96 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.7% |
| 1 Year | 5.0% |
| 3 Years (Annualized) | 2.9% |
| 5 Years (Annualized) | 2.4% |
| 10 Years (Annualized) | 4.0% |
Summary
The investment seeks high total return. The fund normally invests at least 80% of net assets 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. It may invest up to 15% of its total assets in high yield debt securities. The fund's average portfolio duration is not expected to exceed eight years. It is non-diversified.
Fees
Fees are Above Average compared to funds in the same category.
Lord Abbett Emerging Markets Currency Fund has an expense ratio of 1.24 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
