Lord Abbett Developing Local Markets R2 90 Hudson Street Jersey City NJ 07302 Map
Phone: 888-522-2388
| Category: | World Bond | | Fund Family: | Lord Abbett | | Net Assets: | 10.00K | | Year-to-Date Return: | 5.25% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 01-Oct-07 |
|
Jerald M. Lanzotti
Lead Manager since
30-Dec-97 | | | Lanzotti, Partner (in 2004) and fixed income portfolio manager, Global Bonds, came to Lord Abbett in 1996 from Deutsche Morgan Grenfell where he was an associate for both Global Money Markets and Global Government Bonds. He also worked at State Street Bank & Trust where he was a Management Accountant for Foreign Exchange. Lanzotti holds the Chartered Financial Analyst designation and has been in the investment industry since 1990. |
| Min Initial Investment: | $0 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
|
| |
| The investment seeks high total return. The investment normally invests at least 80% of 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, developing markets at the time of purchase. It may invest substantially in forward foreign currency contracts (a type of forward contract) or other derivatives, such as options, futures contracts, and swap agreements. |
| Last Dividend
(4-Sep-08):
| 0.02 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 301.00% | | Average for Category:
| 236.70% |
|
| Expense | LDMQX | Category Avg | | Total Expense Ratio: | 0.27%
| 1.18% | | Max 12b1 Fee: | 0.60%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.38% | | Max Deferred Sales Load: | 0.00%
| 2.53% | | 3 Yr Expense Projection*: |
$524 | $544 | | 5 Yr Expense Projection*: |
$921 | $857 | | 10 Yr Expense Projection*: |
$2,032 | $1,731 |
|
|