Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund Class B

 (MUTF:LABXX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week   +0.00%  
3 month   +0.00%  
YTD   +0.00%  
1 year   +0.00%  
3 years*   +0.00%  
5 years*   +0.00%  
*annualized
Best 3 month return+1.24%  
Worst 3 month return0.00%  

Morningstar statistics

Morningstar category: Money Market-Taxable

Key statistics

Total assets682.12M 
Front load-  
Deferred load5.00%  
Expense ratio1.41%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash100.00%  
Stocks0.00%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
1.000.00(0.00%)
Mar 27, 4:00PM EDT

Description

The investment seeks high current income and preservation of capital through investments in high quality, short-term, liquid securities. Under normal conditions, the fund invests substantially all of its assets in (i) debt issued by the U.S. government; (ii) debt issued by agencies or instrumentalities of the U.S. government (collectively, "government-sponsored enterprises"); and/or (iii) repurchase agreements collateralized by these U.S. government securities. It may invest substantially in securities issued by government-sponsored enterprises, which are not guaranteed by the full faith and credit of the U.S. government.
Fund filings (PDF) »
Asset manager:
Management Team (Started: Nov 2, 2002)
Advisor Company:
Lord, Abbett & Co LLC
Fund family reports on Morningstar »
Lord Abbett, 90 Hudson Street, Jersey City NJ 7302, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha*     -     -     -     -
Beta*     -     -     -     -
Mean annual return 0.00 0.00 0.00 0.08
R-squared*     -     -     -     -
Standard deviation 0.00 0.00 0.00 0.42
Sharpe ratio -8.88 -6.76 -5.50 -2.87
* Against standard index

Top 10 holdings

Security Net Assets  
Repo 24.64%  
FHLMC 5.96%  
FHLBA 5.61%  
FHLMC 5.26%  
FHLBA 5.08%  
FHLMC 4.98%  
FHLBA 3.68%  
FHLMC 3.68%  
FHLBA 3.08%  
FNMA 2.63%