Image alt tag

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Multi-Asset Income Fund

Summary

Summary

What is the Multi-Asset Income Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in Lord Abbett Funds that invest in a wide variety of bonds along with select US and international stocks.

DIVERSE ASSETS

This Fund is designed with the flexibility to invest in bonds, stocks, and currencies from around the world.

TACTICALLY MANAGED

The investment team can rapidly shift allocations based on market opportunities and to hedge unwanted exposures.

HISTORICALLY DELIVERED HIGH INCOME WITH GROWTH

Led by a senior Investment Committee, the Fund has delivered competitive income with growth.

 

Yield

12-Month Dividend Yield 1 as of 07/14/2020  

w/o sales charge 2.74%

30-Day Standardized Yield 2 as of 06/30/2020  

2.50%

Fund Basicsas of 06/30/2020

Total Net Assets
$1.14 B
Inception Date
04/05/2017
Dividend Frequency
Monthly
Fund Expense Ratio
0.85%

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -1.82% 2.49% 3.83% 4.05% 6.32% -
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds -1.28% 2.48% 3.69% 3.80% 5.31% -
Bloomberg Barclays U.S. Aggregate Bond Index 6.14% 8.74% 5.32% 4.30% 3.82% -

Fund Expense Ratio :

0.85%

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -1.82% 2.49% 3.83% 4.05% 6.32% -
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds -1.28% 2.48% 3.69% 3.80% 5.31% -
Bloomberg Barclays U.S. Aggregate Bond Index 6.14% 8.74% 5.32% 4.30% 3.82% -

Fund Expense Ratio :

0.85%

INVESTMENT TEAM

Giulio Martini
Giulio Martini

Partner, Director of Strategic Asset Allocation

35 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Chief Investment Officer

29 Years of Industry Experience

Jeffrey O. Herzog
Jeffrey O. Herzog, Ph.D.

Portfolio Manager

11 Years of Industry Experience

Supported By 7 Investment Professionals with 29 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

12-Month Dividend Yield 1 as of 07/14/2020  

w/o sales charge 2.74%

30-Day Standardized Yield 2 as of 06/30/2020  

  Subsidized5 Un-Subsidized6
w/o sales charge 2.50% 2.50%

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -1.82% 2.49% 3.83% 4.05% 6.32% -
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds -1.28% 2.48% 3.69% 3.80% 5.31% -
Bloomberg Barclays U.S. Aggregate Bond Index 6.14% 8.74% 5.32% 4.30% 3.82% -

Fund Expense Ratio :

0.85%

Fund Expense Ratio :

0.85%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception
w/o sales charge -1.82% 2.49% 3.83% 4.05% 6.32% -
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds -1.28% 2.48% 3.69% 3.80% 5.31% -
Bloomberg Barclays U.S. Aggregate Bond Index 6.14% 8.74% 5.32% 4.30% 3.82% -

Fund Expense Ratio :

0.85%

Year Fund Returns Bloomberg Barclays U.S. Aggregate Bond Index
2019 16.17% 8.72%
2018 -6.13% 0.01%
2017 9.51% 3.54%
2016 9.64% 2.65%
2015 -3.14% 0.55%
2014 3.79% 5.97%
2013 11.16% -2.02%
2012 13.19% 4.22%
2011 1.37% 7.84%
2010 13.02% 6.54%
2009 36.47% -
2008 -23.04% -
2007 3.36% -
2006 - -
Year Q1 Q2 Q3 Q4 Yearly Returns
2020 -13.43% 13.41% - - -0.15%
2019 8.44% 2.63% -0.24% 4.63% 16.17%
2018 -0.18% 0.56% 2.88% -9.10% -6.13%
2017 3.02% 1.67% 2.20% 2.30% 9.51%
2016 0.58% 2.97% 3.99% 1.80% 9.64%
2015 2.19% -0.06% -5.22% 0.07% -3.14%
2014 2.44% 3.14% -1.93% 0.16% 3.79%
2013 4.16% -0.58% 3.63% 3.58% 11.16%
2012 6.89% -1.78% 4.58% 3.10% 13.19%
2011 4.14% 0.90% -8.54% 5.49% 1.37%
2010 4.11% -3.03% 7.46% 4.18% 13.02%
2009 0.96% 14.02% 12.84% 5.06% 36.47%
2008 -4.66% 0.71% -7.86% -13.01% -23.04%
2007 2.42% 1.36% 0.86% -1.28% 3.36%
2006 - - - 4.31% -

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 03/31/2020

  • Within U.S. equities generally, we decreased our exposure gradually throughout  the quarter. Equities had a very strong year in 2019, and we believe that the coronavirus fueled fears of slowing global economic growth make this is an opportune time to reallocate to asset classes with a more attractive return opportunity this year.
  • Credit spreads widened significantly this quarter. Within high yield, spreads have already priced in a severe default outcome, beyond that which we believe is reasonable. We believe that there is ample room to tighten from these high levels. Thus, the risk/reward profile of risk assets such as convertibles , bank loans, and high yield bonds continues to be relatively attractive.
  • In today’s environment of unprecedented uncertainty, it is too early to know whether a rapid recovery or an extended bear market in risk assets will occur. That being said, with the tremendous monetary and fiscal policy measures elicited by the powerful negative shock to GDP, we see opportunities in short duration investment grade paper as it currently provides high excess yield with limited credit risk. Additionally, with high yield spreads already pricing in a severe default outcome, we remain constructive on this asset class as well.
Holding Assets
Core Fixed Income Fund 18.8%
High Yield Fund 18.1%
Focused Large Cap Value Fund 9.9%
Growth Leaders Fund 8.1%
Emerging Markets Bond Fund 5.2%
Fundamental Equity Fund 5.2%
International Equity Fund 5.1%
Convertible Fund 5.0%
Inflation Focused Fund 4.9%
International Value Fund 4.9%
Durable Growth Fund 4.8%
Ultra Short Bond Fund 3.7%
Growth Opportunities Fund 3.1%
Mid Cap Stock Fund 2.8%
Holding Assets
MSCI EMGMKT JUN202.0%
FX JPY/EUR 11/200.5%
FX EUR/JPY 11/200.5%
FX JPY/EUR 12/200.4%
FX EUR/JPY 12/200.4%
FX JPY/EUR 09/200.3%
FX EUR/JPY 09/200.3%
Long EUR Put JPY Call 12/18/20-2.0%
Short EUR Put JPY Call 12/9/20-2.0%
Long EUR Put JPY Call 10/9/20-2.0%
Long EUR Put JPY Call 11/20/20-2.0%
NASDAQ 100 E-MINI JUN20-2.0%
Short EUR Put JPY Call 11/5/20-2.0%
Short EUR Put JPY Call 8/6/20-2.0%
Short EUR Put JPY Call 12/4/20-2.0%
Short EUR Put JPY Call 9/25/20-2.0%
Long EUR Put JPY Call 12/9/20-2.0%
Short EUR Put JPY Call 2/12/21-2.0%
Short EUR Put JPY Call 12/18/20-2.0%
Long EUR Put JPY Call 12/4/20-2.0%
Long EUR Put JPY Call 2/12/21-2.0%
Long EUR Put JPY Call 11/5/20-2.0%
Long EUR Put JPY Call 8/6/20-2.0%
Short EUR Put JPY Call 11/20/20-2.0%
Long EUR Put JPY Call 9/25/20-2.0%
Short EUR Put JPY Call 10/9/20-2.0%
S&P500 EMINI FUT JUN20-2.1%

Equity Sector Allocation as of 06/30/2020

Rating Assets
Information Technology
Financials
Consumer Discretionary
Health Care
Industrials
Telecommunication Services
Materials
Consumer Staples
Energy
Real Estate
Utilities
Unclassified

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 07/14/2020
$0.157
Dividend Frequency
Monthly
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
06/29/2020 06/30/2020 06/30/2020 $0.03200 $14.72
05/28/2020 05/29/2020 05/29/2020 $0.02120 $14.32
04/29/2020 04/30/2020 04/30/2020 $0.02480 $13.74
03/30/2020 03/31/2020 03/31/2020 $0.03030 $13.05
02/27/2020 02/28/2020 02/28/2020 $0.02210 $14.67
01/30/2020 01/31/2020 01/31/2020 $0.02700 $15.08

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
07/30/2020 07/31/2020 07/31/2020
08/27/2020 08/28/2020 08/28/2020
09/29/2020 09/30/2020 09/30/2020
10/29/2020 10/30/2020 10/30/2020
11/24/2020 11/25/2020 11/25/2020
12/29/2020 12/30/2020 12/30/2020

Fees & Expenses

Fees & Expenses

Expense Ratioas of 06/30/2020

0.85%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
Quantity
Quantity
Remove
Remove

Class F3 - The inception date for Class F3 shares is April 4, 2017. The performance quotations for Class F3 are based on the following methods of calculation: (a) for periods prior to June 30, 2015,  a figure is used based on the historical performance of the Fund’s Class I Shares, since inception, restated to reflect all charges and fees applicable to Class F3 shares; (b) for periods prior to April 4, 2017 but after June 30, 2015, performance is based on the historical performance of the Fund’s Class R6 shares, which have an equivalent expense ratio to the Fund’s F3 shares; and (c) for periods after April 4, 2017, actual Class F3 performance is used, which reflects all charges and fees applicable to Class F3 shares.

Class F3 shares are only offered to certain eligible investors. For additional information, see the Fund’s current prospectus.

The Barclays U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. 

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field