Lord Abbett Emerging Markets Currency Fund Class A

 (MUTF:LDMAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.35%  
1 week   +0.47%
   
4 week   +0.37%
   
3 month   +1.32%
   
YTD   +8.11%
   
1 year   +5.26%
   
3 years*
   
-1.42%  
5 years*
   
-0.21%  
*annualized
Best 3 month return+17.79%  
Worst 3 month return-19.88%  

Morningstar statistics

Morningstar category: Multicurrency
  Return Risk Rating
3 years Low Low
5 years Low Low
10 years Low Low
Overall Low Low

Key statistics

Total assets244.39M 
Front load2.25%  
Deferred load-  
Expense ratio0.86%  
Management fee-  
Fund familyLord Abbett 

Asset allocation

Cash6.48%  
Stocks0.00%  
Bonds85.10%  
Other8.42%  

Purchase information

Initial$1,000  
IRA Initial$1,000  
AIP Initial$250  
AIP Additional$50  
5.40+0.02(0.37%)
Aug 17, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high total return. 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 market countries at the time of purchase. The fund's manager considers emerging market countries to include every nation in the world except the United States, Canada, Japan, Australia, New Zealand, and most countries located in Western Europe. It is non-diversified.
Fund filings (PDF) »
Asset managers:
Giulio Martini (Started: Dec 31, 2015)
David Ritt (Started: Dec 31, 2009)
Leah Traub (Started: Dec 31, 2007)
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* 2.51 -12.28 -11.45 2.90
Beta* 15.53 46.05 47.78 -1.87
Mean annual return 0.62 -0.08 0.02 0.19
R-squared* 1.65 6.76 5.57 0.33
Standard deviation 5.10 7.56 7.17 9.80
Sharpe ratio 1.33 -0.17 0.00 0.19
* Against standard index

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