Lord Abbett Developing Local Markets C
90 Hudson Street Jersey City NJ 07302
Phone: 888-522-2388
| Category: | Emerging Markets Bond | | Fund Family: | Lord Abbett | | Net Assets: | 18.15M | | Year-to-Date Return: | 10.11% | | Yield: | 2.66% | | Morningstar Rating: |  | | Fund Inception Date: | 15-Jul-96 |
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Leah Traub
Lead Manager since
17-Feb-09 | | | Traub is a portfolio manager and director of Lord Abbett. She joined Lord Abbett in 2007 as a quantitative analyst. From 2006 to 2007, Traub was a research economist at Princeton Economics Group. From 2004 to 2007 she was a teaching assistant and lecturer at Rutgers University Economics Department. And from 2005 to 2006 she was a research assistant at the National Bureau of Economic Research. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| 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
(29-May-09):
| 0.01 | | Last Cap Gain
(30-Dec-96):
| 0.12 | | Annual Holdings Turnover
| 84.00% | | Average for Category:
| 85.83% |
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| Expense | LDMCX | Category
Avg | | Total Expense Ratio: | 1.87%
| 1.34% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.02% | | Max Deferred Sales Load: | 1.00%
| 2.32% | | 3 Yr Expense Projection*: |
$637 | $619 | | 5 Yr Expense Projection*: |
$1,093 | $949 | | 10 Yr Expense Projection*: |
$2,358 | $1,913 |
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0.06 (0.91%)
