Lord Abbett Investment Trust - Lord Abbett Core Plus Bond Fund (LAPTX)
Nasdaq - Nasdaq Delayed Price. Currency in USD
Add to watchlist
As of 09:00PM EDT. Market open.
Lord Abbett Investment Trust - Lord Abbett Core Plus Bond Fund
Lord Abbett Investment Trust
90 Hudson Street
Jersey City, NJ 7302
888-522-2388
Management Information
Robert Lee,Lead Manager since December 7, 2015
Robert A. Lee is a Partner and Chief Investment Officer at the Lord Abbett & Company. Mr. Lee joined Lord Abbett in 1997 and was named Partner in 2002. His prior experience includes: Portfolio Manager and Vice President at ARM Capital Advisors; Assistant Portfolio Manager and Assistant Vice President at Kidder Peabody Asset Management; and Fixed Income Research Analyst at The First Boston Corporation. Mr. Lee received a BS from the University of Pennsylvania. He has been in the investment business since 1991.
Morningstar Style Box
Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.
Fund Overview
CategoryIntermediate Core-Plus Bond
Fund FamilyLord Abbett
Net Assets262.1M
YTD Return0.37%
Yield2.75%
Morningstar Rating★★
Inception DateDec 7, 2015
Fund Operations
Last Dividend0.04
Last Cap Gain0.00
Holdings Turnover598.00%
Average for CategoryN/A
Fees & Expenses
ExpenseLAPTXCategory Average
Annual Report Expense Ratio (net)1.08%0.75%
Prospectus Net Expense Ratio1.08%N/A
Prospectus Gross Expense Ratio1.52%N/A
Max 12b1 Fee0.60%N/A
Max Front End Sales LoadN/A3.74%
Max Deferred Sales LoadN/A1.41%
3 Yr Expense Projection437N/A
5 Yr Expense Projection787N/A
10 Yr Expense Projection1,775N/A
© 2024 Yahoo. All rights reserved.