International Equity Fund
Daily price w/o sales charge as of 07/19/2019
$13.03
$0.02
YTD Returns w/o sales charge as of 07/19/2019
13.80%
Please click here for performance current to the most recent quarter-end and month-end.
Formerly known as the International Core Equity Fund.
Summary
Summary
The Fund seeks to deliver long-term growth of capital by investing primarily in stocks of international companies.
Fund Basicsas of 06/28/2019
- Total Net Assets
- $478.07 M
- Inception Date
- 12/31/2003
- Dividend Frequency
- Annually
- Fund Expense Ratio
- 1.37%
- Number of Holdings
- 76
Fund Expense Ratio :
1.37%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2003 |
|---|
| w/o sales charge | 14.32% | -0.55% | 6.61% | -0.34% | 4.62% | 4.11% |
| Lipper Category Avg. International Multi-Cap Core | 12.99% | -0.66% | 7.76% | 1.80% | 6.52% | - |
| MSCI ACWI ex USA Index (Net) | 13.60% | 1.29% | 9.39% | 2.16% | 6.54% | 5.91% |
Fund Expense Ratio :
1.37%
Fund Expense Ratio :
1.37%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2003 |
|---|
| w/o sales charge | 14.32% | -0.55% | 6.61% | -0.34% | 4.62% | 4.11% |
| Lipper Category Avg. International Multi-Cap Core | 12.99% | -0.66% | 7.76% | 1.80% | 6.52% | - |
| MSCI ACWI ex USA Index (Net) | 13.60% | 1.29% | 9.39% | 2.16% | 6.54% | 5.91% |
Fund Expense Ratio :
1.37%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
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Countryas of 06/28/2019View Portfolio
| Country | Assets |
|---|
| France | 14.3% |
| Japan | 11.3% |
| United Kingdom | 10.6% |
| Germany | 9.3% |
| Switzerland | 6.1% |
| Canada | 4.5% |
| Hong Kong | 4.5% |
| Sweden | 4.4% |
| Netherlands | 3.7% |
| United States | 3.4% |
| Australia | 3.2% |
| India | 3.0% |
| Indonesia | 2.4% |
| Brazil | 2.3% |
| Ireland | 2.3% |
| Cayman Islands | 2.2% |
| China | 1.7% |
| Singapore | 1.6% |
| Taiwan | 1.6% |
| Israel | 1.4% |
| Russian Federation | 1.3% |
| Denmark | 1.1% |
| Republic of Korea | 1.1% |
| Belgium | 1.0% |
Region classifications of countries are defined by Lord Abbett and may not be consistent with the MSCI region definitions. Country classifications of securities held within the universe of MSCI indexes are defined by MSCI. Country classifications of securities held by the portfolio only, and not included within the universe of MSCI indexes, are defined by Lord Abbett.
| Region | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Europe ex-U.K. |
 2.2%
|
|
| Asia/Pacific |
4.3%
|
|
| Americas |
1.4%
|
|
| Japan |
0.7%
|
|
| United Kingdom |
1.1%
|
|
| EMEA |
0.2%
|
|
| Cash |
0.1%
|
Regional Allocation source: Lord Abbett and Bloomberg. Sector Breakdown source: Wilshire. Region classifications of countries are defined by Lord Abbett and may not be consistent with the MSCI region definitions. Country classifications of securities held within the universe of MSCI indexes are defined by MSCI. Country classifications of securities held by the portfolio only, and not included within the universe of MSCI indexes, are defined by Lord Abbett.
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
4.6%
|
|
| Real Estate |
0.4%
|
|
| Utilities | 0.0% | |
| Consumer Discretionary |
1.0%
|
|
| Consumer Staples |
1.4%
|
|
| Energy |
0.2%
|
|
| Financials |
1.7%
|
|
| Health Care |
0.3%
|
|
| Industrials |
4.2%
|
|
| Information Technology |
1.0%
|
|
| Materials |
0.6%
|
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Performance
Performance
Fund Expense Ratio :
1.37%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2003 |
|---|
| w/o sales charge | 14.32% | -0.55% | 6.61% | -0.34% | 4.62% | 4.11% |
| Lipper Category Avg. International Multi-Cap Core | 12.99% | -0.66% | 7.76% | 1.80% | 6.52% | - |
| MSCI ACWI ex USA Index (Net) | 13.60% | 1.29% | 9.39% | 2.16% | 6.54% | 5.91% |
Fund Expense Ratio :
1.37%
Fund Expense Ratio :
1.37%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2003 |
|---|
| w/o sales charge | 14.32% | -0.55% | 6.61% | -0.34% | 4.62% | 4.11% |
| Lipper Category Avg. International Multi-Cap Core | 12.99% | -0.66% | 7.76% | 1.80% | 6.52% | - |
| MSCI ACWI ex USA Index (Net) | 13.60% | 1.29% | 9.39% | 2.16% | 6.54% | 5.91% |
Fund Expense Ratio :
1.37%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance of future results.
| Year | Fund Returns | MSCI ACWI ex USA Index (Net) |
|---|
| 2018 | -18.42% | -14.20% |
| 2017 | 24.84% | 27.19% |
| 2016 | -2.00% | 4.50% |
| 2015 | -2.92% | -5.66% |
| 2014 | -9.53% | -3.87% |
| 2013 | 22.21% | 15.29% |
| 2012 | 14.44% | 16.83% |
| 2011 | -12.28% | -13.71% |
| 2010 | 6.33% | 11.15% |
| 2009 | 33.19% | 41.45% |
| 2008 | -42.72% | - |
| 2007 | 13.60% | - |
| 2006 | 23.50% | - |
| 2005 | 17.11% | - |
| 2004 | 13.99% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2019 | 9.52% | 4.39% | - | - | 13.80% |
| 2018 | -1.12% | -5.16% | 0.30% | -13.27% | -18.42% |
| 2017 | 5.66% | 5.28% | 7.40% | 4.49% | 24.84% |
| 2016 | -2.97% | -2.97% | 7.00% | -2.72% | -2.00% |
| 2015 | 3.72% | -0.38% | -8.95% | 3.20% | -2.92% |
| 2014 | -1.92% | 3.91% | -6.13% | -5.44% | -9.53% |
| 2013 | 3.92% | -0.49% | 10.63% | 6.83% | 22.21% |
| 2012 | 11.08% | -7.74% | 6.06% | 5.29% | 14.44% |
| 2011 | 4.37% | 1.66% | -20.05% | 3.41% | -12.28% |
| 2010 | -0.09% | -14.93% | 18.16% | 5.87% | 6.33% |
| 2009 | -13.66% | 28.32% | 20.73% | -0.42% | 33.19% |
| 2008 | -10.01% | -1.85% | -20.64% | -18.28% | -42.72% |
| 2007 | 3.47% | 8.16% | 3.10% | -1.55% | 13.60% |
| 2006 | 9.19% | -2.57% | 4.57% | 11.02% | 23.50% |
| 2005 | 0.35% | 0.17% | 8.94% | 6.94% | 17.11% |
| 2004 | 1.08% | -1.07% | -0.69% | 14.78% | 13.99% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
Countryas of 06/28/2019
| Country | Assets |
|---|
| France | 14.3% |
| Japan | 11.3% |
| United Kingdom | 10.6% |
| Germany | 9.3% |
| Switzerland | 6.1% |
| Canada | 4.5% |
| Hong Kong | 4.5% |
| Sweden | 4.4% |
| Netherlands | 3.7% |
| United States | 3.4% |
| Australia | 3.2% |
| India | 3.0% |
| Indonesia | 2.4% |
| Brazil | 2.3% |
| Ireland | 2.3% |
| Cayman Islands | 2.2% |
| China | 1.7% |
| Singapore | 1.6% |
| Taiwan | 1.6% |
| Israel | 1.4% |
| Russian Federation | 1.3% |
| Denmark | 1.1% |
| Republic of Korea | 1.1% |
| Belgium | 1.0% |
Region classifications of countries are defined by Lord Abbett and may not be consistent with the MSCI region definitions. Country classifications of securities held within the universe of MSCI indexes are defined by MSCI. Country classifications of securities held by the portfolio only, and not included within the universe of MSCI indexes, are defined by Lord Abbett.
| Region | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Europe ex-U.K. |
2.2%
|
|
| Asia/Pacific |
4.3%
|
|
| Americas |
1.4%
|
|
| Japan |
0.7%
|
|
| United Kingdom |
1.1%
|
|
| EMEA |
0.2%
|
|
| Cash |
0.1%
|
Regional Allocation source: Lord Abbett and Bloomberg. Sector Breakdown source: Wilshire. Region classifications of countries are defined by Lord Abbett and may not be consistent with the MSCI region definitions. Country classifications of securities held within the universe of MSCI indexes are defined by MSCI. Country classifications of securities held by the portfolio only, and not included within the universe of MSCI indexes, are defined by Lord Abbett.
| Sector | Weighting | Fund Change from Previous Quarter |
|---|
| Sector | Weighting | Fund Change from Previous Quarter |
|---|---|---|
| Communication Services |
4.6%
|
|
| Real Estate |
0.4%
|
|
| Utilities | 0.0% | |
| Consumer Discretionary |
1.0%
|
|
| Consumer Staples |
1.4%
|
|
| Energy |
0.2%
|
|
| Financials |
1.7%
|
|
| Health Care |
0.3%
|
|
| Industrials |
4.2%
|
|
| Information Technology |
1.0%
|
|
| Materials |
0.6%
|
Portfolio Details as of 06/28/2019
- Weighted Average Market Cap.
- 90.2 B
- P/E Ratio
- 17.2x
- P/B Ratio
- 2.2x
- Number of Holdings
- 76
- Total Net Assets
- $478.07 M
To view definitions for the above Portfolio Details, Click here.
Market Capitalization Breakdown - Morningstar separates stock portfolio holdings into five market-capitalization groups: Giant, Large, Mid, Small, and Micro. Of the 5000 largest domestic stocks in their equities database, the top 1% are categorized as Giant, the next 4% are Large, the next 15% are Mid, the next 30% are Small, and the remaining 50% are Micro. Stocks outside of the largest 5000 are also classified as Micro.
Weighted Average Market Cap - The average market capitalization of all companies held in the portfolio with each company weighted according to its percent held in the portfolio. The result is based upon a weighted average of the securities held in the fund.
P/B Ratio - A ratio that helps determine whether a stock is undervalued or overvalued. It is calculated by dividing a stock's price per share by its book value per share. The result is based upon a weighted average of the securities held in the fund.
P/E Ratio - Is the weighted average of each holding's P/E ratio (price of a stock divided by its earnings per share). The result is based upon a weighted average of the securities held in the fund.
Portfolio Turnover - This is a measure of the Fund’s trading activity which is computed by taking the lesser of purchases or sales divided by average monthly market value, excluding short-term investments. The resulting percentage represents the percentage of the portfolio’s holdings that have changed over the past year.
| Holding | Sector | Assets |
|---|
| AIA Group Ltd. | Financials | 2.7% |
| Nestle S.A. | Consumer Staples | 2.7% |
| Alibaba Group Holding Ltd. | Consumer Discretionary | 2.2% |
| AstraZeneca plc | Health Care | 2.2% |
| SAP AG | Information Technology | 2.1% |
| Vinci S.A. | Industrials | 2.0% |
| Allianz AG | Financials | 2.0% |
| BHP Billiton Ltd. | Materials | 2.0% |
| Anglo American plc | Materials | 1.9% |
| LVMH Moet Hennessy Louis Vuitton SA | Consumer Discretionary | 1.9% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
| Holding | Sector | Assets |
|---|
| AIA Group Ltd. | Financials | 2.5% |
| Nestle S.A. | Consumer Staples | 2.5% |
| Vinci S.A. | Industrials | 2.1% |
| Allianz AG | Financials | 2.1% |
| AstraZeneca plc | Health Care | 2.0% |
| Bank Rakyat Indonesia Persero Tbk PT | Financials | 1.9% |
| SAP AG | Information Technology | 1.8% |
| BHP Billiton Ltd. | Materials | 1.8% |
| Alibaba Group Holding Ltd. | Consumer Discretionary | 1.8% |
| ICICI Bank Ltd. | Financials | 1.7% |
| Total S.A. | Energy | 1.7% |
| Anglo American plc | Materials | 1.7% |
| Samsung Electronics Co., Ltd. | Information Technology | 1.6% |
| Swiss Life Holding AG | Financials | 1.6% |
| LVMH Moet Hennessy Louis Vuitton SA | Consumer Discretionary | 1.6% |
| Royal Dutch Shell plc | Energy | 1.6% |
| Hoya Corp | Health Care | 1.5% |
| Pernod Ricard S.A. | Consumer Staples | 1.5% |
| CAE Inc | Industrials | 1.5% |
| United Overseas Bank Ltd. | Financials | 1.4% |
| Symrise GmbH & Co. AG | Materials | 1.4% |
| Unilever N.V. | Consumer Staples | 1.4% |
| Nidec Corp. | Industrials | 1.4% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 1.4% |
| Nice Ltd | Information Technology | 1.4% |
| Toyota Motor Corp. | Consumer Discretionary | 1.4% |
| Novartis AG Registered Shares | Health Care | 1.3% |
| CRH PLC | Materials | 1.3% |
| Itau Unibanco Banco Multiplo S.A. | Financials | 1.3% |
| Danone | Consumer Staples | 1.3% |
| HDFC Bank Ltd. | Financials | 1.3% |
| Daikin Industries Ltd | Industrials | 1.3% |
| Tryg A/S | Financials | 1.2% |
| Shiseido Co. Ltd. | Consumer Staples | 1.2% |
| Deutsche Annington Immobilien SE | Real Estate | 1.2% |
| Safran S.A. | Industrials | 1.2% |
| L'Oreal SA | Consumer Staples | 1.2% |
| Vivendi Universal | Communication Services | 1.2% |
| Lukoil OAO | Energy | 1.1% |
| Westpac Banking Corp. | Financials | 1.1% |
| Accenture Ltd. | Information Technology | 1.1% |
| Ping An Insurance Group Co. of China Ltd. | Financials | 1.1% |
| Vantiv, Inc. | Information Technology | 1.1% |
| Secom Co., Ltd. | Industrials | 1.0% |
| Axis Capital Holdings Ltd. | Financials | 1.0% |
| Continental AG | Consumer Discretionary | 1.0% |
| Lundin Mining Corp. | Materials | 1.0% |
| BP plc | Energy | 1.0% |
| National Grid plc | Utilities | 1.0% |
| Taisei Corp. | Industrials | 1.0% |
| Sanofi | Health Care | 1.0% |
| Suncor Energy, Inc. | Energy | 1.0% |
| Volkswagen AG | Consumer Discretionary | 1.0% |
| Bank Mandiri Persero Tbk PT | Financials | 1.0% |
| ASML Holding NV | Information Technology | 0.9% |
| TIM Participacoes SA | Communication Services | 0.9% |
| KBC Group NV | Financials | 0.9% |
| Koninklijke Philips NV | Health Care | 0.9% |
| Ashtead Group PLC | Industrials | 0.9% |
| Mondi PLC | Materials | 0.9% |
| Svenska Handelsbanken AB | Financials | 0.9% |
| ICON plc | Health Care | 0.8% |
| Orange S.A. | Communication Services | 0.8% |
| Banco do Brasil S.A. | Financials | 0.8% |
| Komatsu Ltd. | Industrials | 0.8% |
| Infineon Technologies AG | Information Technology | 0.8% |
| Entertainment One Ltd | Communication Services | 0.8% |
| Hong Kong Exchanges & Clearing Ltd | Financials | 0.8% |
| Kerry Properties Ltd. | Real Estate | 0.7% |
| Sony Corp. | Consumer Discretionary | 0.7% |
| Telefonaktiebolaget LM Ericsson | Information Technology | 0.7% |
| Tencent Holdings Ltd. | Communication Services | 0.7% |
| Rheinmetall AG | Industrials | 0.7% |
| Lundin Petroleum AB | Energy | 0.6% |
| Nokia Corp. | Information Technology | 0.6% |
| Metropolitan Bank & Trust | Financials | 0.5% |
| B&M European Value Retail SA | Consumer Discretionary | 0.5% |
| Logan Property Holdings Co Ltd | Real Estate | 0.5% |
| CNOOC Ltd. | Energy | 0.5% |
| Xinyi Glass Holdings Ltd | Consumer Discretionary | 0.5% |
| Network International Holdings PLC | Information Technology | 0.3% |
| Alcon Inc | Health Care | 0.2% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Contributors & Detractors as of 06/28/2019
Contributors
| Holding | Contribution |
|---|---|
| SAP AG | 0.3% |
| Cae Inds Inc | 0.3% |
| LVMH Moet Hennessy Louis Vuitton SA | 0.3% |
| AIA Group Ltd. | 0.3% |
| Allianz AG | 0.2% |
Detractors
| Holding | Contribution |
|---|---|
| Infineon Technologies AG | -0.3% |
| Taisei Corp. | -0.3% |
| Alibaba Group Hldg Ltd | -0.1% |
| Entertainment One Ltd ( | -0.1% |
| Nokia Corp. | -0.1% |
% Contribution reflects the effect of the individual stock's performance on the Fund's overall performance for the period. Individual holdings and their effect on Fund performance may change significantly over time. Investors should consider the overall performance of the Fund before making a decision on whether or not to invest in the Fund.
Attribution Analysis
| International Equity Fund | Benchmark | Variance | |||||
|---|---|---|---|---|---|---|---|
| Sector | Avg. Weight | Base Return | Avg. Weight | Base Return | Stock Selection | Group Weight | Total |
The total base return displayed for the Fund does not capture daily cash flow and trading activity and therefore is subject to reasonable variance from the Fund's actual return. Please refer to Lord Abbett International Core Fund Performance Results for the Fund's longer-term returns. The Fund is actively managed and portfolio characteristics, such as individual holdings and sector weightings, may change significantly over time.
Source: Wilshire Attribution Software. GICS sector classification; non-GICS securities classified by Lord Abbett. Sectors may include many industries.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
Dividend Payments
- YTD Dividends Paidas of 07/19/2019
- $0
- Dividend Frequency
- Annually
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 12/17/2018 | 12/18/2018 | 12/18/2018 | $0.21580 | $11.48 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
| Record Date | Ex-Dividend Date | Reinvest & Payable Date |
|---|---|---|
| 12/17/2019 | 12/18/2019 | 12/18/2019 |
Capital Gains Distributions
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 12/17/2007 | 12/18/2007 | $0.1644 | $1.3663 | $1.5307 | $15.07 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Upcoming Capital Gain Distribution
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
| Record Date | Ex-Dividend Date |
|---|---|
| 12/17/2019 | 12/18/2019 |
Fees & Expenses
Fees & Expenses
Expense Ratioas of 06/30/2019
| 1.37% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/29/2020. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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Prospectus (XBRL)
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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