Lord Abbett USG & GSE Money Market Fund Snapshot

Fund Snapshot

Performance & Pricing

Characteristics

Holdings

Distribution & Dividend Information

Fund Commentary & Analysis

Change Share Class:

Mutual Fund Snapshot

Fund Basics

Inception Date:	07/15/1996
Total Securities:	16
Fund Assets ($):	588,664,323
Dividend Frequency: (Accrued daily, paid monthly)	Monthly
7-day yield: (as of 09/02/2010)	0.02%
Ticker:	LCCXX
CUSIP:	543918205
Fund Number:	240
Minimum Initial Investment:	$1000**

** Minimum IRA Investment is $250.

Investment Style

Lord Abbett does not publish
an asset chart for this fund.

Goal

Current income and preservation of capital through investing in short-term, liquid securities issued by the U.S. government, its agencies and its instrumentalities.

Strategy

Seeks to generally provide investors with monthly dividends while maintaining a net asset value of $1.00 per share.

Geographic Focus

Invests primarily in U.S. bonds.

Performance & Pricing

Holdings & Management Team

Current Price & Performance (as of 09/02/2010)

Change (from previous day)

at NAV ($)

at MOP ($)

Value ($)

Daily Total Return (%)

YTD
Perf. (%)

Expense
Ratio (%)

1.00

0.00

0.01

Gross: 0.76
Net: 0.70

7-day yield: 0.02%

Historical Performance

Month Ending (as of 08/31/2010)

Month Ending | Quarter Ending

	1-YR (%)	3-YR (%)	5-YR (%)	10-YR (%)	Since Inception (%)
at NAV	0.02	1.01	2.30	1.95	2.75

at MOP	0.02	1.01	2.30	1.95	2.75

Best & Worst Returns * (at NAV as of 06/30/2010)


Best Returns
3-MO (10/00 - 12/00)	. . . . . . . . . . . . . . . . . . . . . . . .	1.43%
1-YR (02/00 - 01/01)	. . . . . . . . . . . . . . . . . . . . . . . .	5.56%
3-YR (03/98 - 02/01)	. . . . . . . . . . . . . . . . . . . . . . . .	4.87%



Worst Returns
3-MO (04/10 - 06/10)	. . . . . . . . . . . . . . . . . . . . . . . .	0.00%
1-YR (07/09 - 06/10)	. . . . . . . . . . . . . . . . . . . . . . . .	0.02%
3-YR (12/01 - 11/04)	. . . . . . . . . . . . . . . . . . . . . . . .	0.52%
* Best & Worst returns reflect a cumulative return for the three-month period and annualized returns for the one-year and three-year periods.

Investors should be aware that any guarantee associated with securities issued by the U.S. government, its agencies or instrumentalities relates to interest and principal, not to the market value of the security. The Fund's share price and income are not guaranteed. An investment in the fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. This Fund is managed to maintain, and has maintained, its stable $1.00 per share price.

The yield quotation reflects more closely the current earnings of the Fund than the one-year total return quotation as shown. The Fund's yield may vary in response to changes in interest rates and other market factors.

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

Other Important Information
Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

Class C - Class C shares are subject to ongoing 12b-1 service and distribution fees as well as a maximum CDSC of 1 percent if you redeem your shares before the first anniversary of your original purchase.

Expense Ratio Details

The net expense ratio takes into account a voluntary expense reimbursement arrangement, which may be modified at any time and without which performance would have been lower.

Investors should carefully consider the investment objectives, risks charges and expenses of the Lord Abbett Funds. This and other important information is contained in the fund's summary prospectus and/or prospectus. To obtain a prospectus or summary prospectus on any Lord Abbett mutual fund, you can click here or contact your investment professional or Lord Abbett Distributor LLC at (888) 522-2388. Read the prospectus carefully before you invest or send money.

Website Feedback | Site Index

	Mutual Funds Overview	USG & GSE Money Market Fund: Class C (as of 07/30/2010)