DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 6.41
Category Multicurrency
Net Assets 42.17 Mil
Yield 2.43%
Morningstar Risk Low
Morningstar Return Low
  • Last NAV update 7/24/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 5.80% -5.87% 10.69% -3.21% 3.91%
Value ($) 10,580.05 9,958.85 11,023.61 10,669.50 11,086.91
  • Year to date performance as of 7/24/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Lord Abbett
Fund Manager Leah Traub
Tenure (Years) 5
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment 1,000.00
Front Load 2.25
Expense Ratio 0.99%
PERFORMANCE
Symbol Value ($)
1 Month 0.83%
3 Months 2.66%
1 Year 3.80%
3 Years* -0.13%
5 Years* 2.93%
  • * Annualized returns
  • Performance as of 7/24/2014 12:00 AM ET
PEER COMPARISON
  LDMAX Multicurrency
5-Yr Return 2.93% 1.46%
Sharpe Ratio 0.00 0.21
Net Assets 42.17 Mil 155.23 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover 105 111
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 19.45%
Fixed Income 79.08%
Other 1.47%
TOP 10 HOLDINGS
NAME % NET ASSETS
Turkey(Rep Of) 3.25%
Western Un FRN 0.97%
Santander Hldgs Usa 4.625% 0.88%
Qvc 144A 7.375% 0.83%
Plains Expl& Prodtn 7.625% 0.80%
FNMA 4.5% 0.78%
Citigroup FRN 0.77%
Nbcuniversal Entpr 144A FRN 0.76%
Air Lease 5.625% 0.75%
Udr Inc Medium Term Nts Bk Ent 5.5% 0.73%
DATA PROVIDERS

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