3 / 5 Stars
4 4 1 4 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#11 in World Allocation
U.S. News evaluated 129 World 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 17.91 percent over the past year, 7.74 percent over the past three years, 13.04 percent over the past five years, and 7.04 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||13.2%|
|3 Years (Annualized)||7.7%|
|5 Years (Annualized)||13.0%|
|10 Years (Annualized)||7.0%|
The investment seeks total return. The fund is a "fund of funds" that invests in affiliated mutual funds managed by Lord, Abbett & Co. LLC. Under normal market conditions, through the underlying funds, it indirectly invests principally in equity and fixed income securities of corporate and governmental issuers located in North and South America, Europe, Australia, and the Far East. It may invest directly in derivatives with an aggregate net notional value representing up to 50% of the fund's net assets. However, the fund currently expects that the aggregate net notional value of such instruments will not exceed 35% of the fund's net assets.
Fees are Low compared to funds in the same category.
Lord Abbett Global Allocation Fund has an expense ratio of 0.30 percent.
Risk is High compared to funds in the same category according to Morningstar.