Lord Abbett Global Allocation Fund

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

#27 in World Allocation

U.S. News evaluated 144 World Allocation 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 13.86 percent over the past year, 7.41 percent over the past three years, 3.17 percent over the past five years, and 7.91 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 7.9%
1 Year 13.9%
3 Years (Annualized) 7.4%
5 Years (Annualized) 3.2%
10 Years (Annualized) 7.9%

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Summary

The investment seeks total return. The fund allocates its assets primarily to equity and fixed income securities of corporate and governmental issuers located in North and South America, Europe, Australia, and the Far East, by investing in a weighted combination of other mutual funds managed by Lord Abbett that hold such instruments. It may emphasize its exposure to foreign (including emerging market) securities if Lord Abbett believes that such securities have the potential to outperform domestic securities. The fund will allocate its assets among various regions and at least three different countries, including the U.S.

Fees

Fees are Low compared to funds in the same category.
Lord Abbett Global Allocation Fund has an expense ratio of 0.30 percent.

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Risk

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

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