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 02/21/2020  

w/o sales charge 2.55%
w/ sales charge 2.49%

30-Day Standardized Yield 2 as of 01/31/2020  

2.42%

Fund Basicsas of 01/31/2020

Total Net Assets
$1.28 B
Inception Date
06/30/2005
Dividend Frequency
Monthly
Fund Expense Ratio
1.17%
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

1.17%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge -0.37% 9.30% 5.16% 4.50% 6.26% 5.53%
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds 0.42% 9.43% 5.46% 4.27% 5.55% -
Bloomberg Barclays U.S. Aggregate Bond Index 1.92% 9.64% 4.62% 3.01% 3.79% 4.23%
w/ sales charge -2.61% 6.83% 4.37% 4.03% 6.01% 5.36%

Fund Expense Ratio :

1.17%

Fund Expense Ratio :

1.17%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge 15.86% 15.86% 5.79% 4.57% 6.28% 5.59%
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds 13.10% 13.10% 5.68% 4.24% 5.46% -
Bloomberg Barclays U.S. Aggregate Bond Index 8.72% 8.72% 4.03% 3.05% 3.75% 4.12%
w/ sales charge 13.26% 13.26% 4.98% 4.11% 6.04% 5.42%

Fund Expense Ratio :

1.17%

Investment Team

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 Herzog
Jeffrey Herzog, Ph.D.

Portfolio Manager

11 Years of Industry Experience

David B. Ritt
David B. Ritt, CFA

Portfolio Manager

22 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 02/21/2020  

w/o sales charge 2.55%
w/ sales charge 2.49%

30-Day Standardized Yield 2 as of 01/31/2020  

  Subsidized5 Un-Subsidized6
w/o sales charge 2.42% 2.42%

Fund Expense Ratio :

1.17%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge -0.37% 9.30% 5.16% 4.50% 6.26% 5.53%
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds 0.42% 9.43% 5.46% 4.27% 5.55% -
Bloomberg Barclays U.S. Aggregate Bond Index 1.92% 9.64% 4.62% 3.01% 3.79% 4.23%
w/ sales charge -2.61% 6.83% 4.37% 4.03% 6.01% 5.36%

Fund Expense Ratio :

1.17%

Fund Expense Ratio :

1.17%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge 15.86% 15.86% 5.79% 4.57% 6.28% 5.59%
Lipper Category Avg. Mixed-Asset Trgt Alloc Con Fds 13.10% 13.10% 5.68% 4.24% 5.46% -
Bloomberg Barclays U.S. Aggregate Bond Index 8.72% 8.72% 4.03% 3.05% 3.75% 4.12%
w/ sales charge 13.26% 13.26% 4.98% 4.11% 6.04% 5.42%

Fund Expense Ratio :

1.17%

Year Fund Returns Bloomberg Barclays U.S. Aggregate Bond Index
2019 15.86% 8.72%
2018 -6.41% 0.01%
2017 9.17% 3.54%
2016 9.28% 2.65%
2015 -3.33% 0.55%
2014 3.44% 5.97%
2013 10.82% -2.02%
2012 12.86% 4.22%
2011 1.02% 7.84%
2010 12.51% 6.54%
2009 35.86% -
2008 -23.38% -
2007 2.91% -
2006 10.09% -
2005 1.48% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2020 - - - - 1.60%
2019 8.33% 2.62% -0.37% 4.61% 15.86%
2018 -0.25% 0.49% 2.79% -9.17% -6.41%
2017 2.93% 1.60% 2.12% 2.23% 9.17%
2016 0.51% 2.81% 3.97% 1.72% 9.28%
2015 2.10% -0.08% -5.25% 0.00% -3.33%
2014 2.35% 3.05% -2.01% 0.08% 3.44%
2013 4.06% -0.60% 3.47% 3.54% 10.82%
2012 6.78% -1.79% 4.48% 3.00% 12.86%
2011 4.02% 0.88% -8.65% 5.38% 1.02%
2010 3.99% -3.12% 7.32% 4.06% 12.51%
2009 0.84% 13.95% 12.67% 4.93% 35.86%
2008 -4.75% 0.60% -7.94% -13.15% -23.38%
2007 2.30% 1.25% 0.75% -1.38% 2.91%
2006 2.05% 0.04% 3.53% 4.16% 10.09%
2005 - - 1.02% 0.45% 1.48%

Growth of $10,000 as of 12/31/2019

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Portfolio Positioning as of 12/31/2019

  • Risk assets rose across the board, with the S&P 500 rising 9.07% and bonds rallying during the quarter as well. The Fed cut its benchmark interest rate in October to a target range of 1.5%-1.75%, subsequently leaving the range unchanged in December and indicating that no action is likely next year amid persistently low inflation. In addition to the Fed’s continued accommodative stance, trade tensions subsided dramatically after U.S. President Donald Trump announced a “phase one” trade deal with China, set to be signed sometime in January. Finally, U.K. Prime Minister Boris Johnson’s Conservative Party won a commanding majority in the country’s general election, granting Johnson the power to drive through his Brexit deal and take the U.K. out of the EU before the January 31 deadline.
  • The broad general U.S. bond market, as measured by the Bloomberg Barclays Aggregate Bond Index, was positive for the quarter. High yield corporate bonds experienced positive returns for the quarter, returning 2.61%, with modest spread compression. Higher-quality tiers of the high yield market outperformed during most of the period before a sharp rally occurred in the “CCC” segment in December.
  • In today’s environment in which there has been a bias towards perceived safety, we believe there is more opportunity in risk assets. The investment climate remains favorable for harvesting carry, where bank loans and high yield bonds are attractive options.
  • We increased the portfolio’s allocation towards leveraged loans, investment grade bonds, and international equities this quarter. The portfolio’s allocation to short duration bonds and U.S. equities was reduced.
Holding Assets
Ultra Short Bond Fund 17.6%
High Yield Fund 16.5%
Fundamental Equity Fund 9.5%
Mid Cap Stock Fund 8.2%
Convertible Fund 8.0%
Inflation Focused Fund 7.5%
Growth Opportunities Fund 5.5%
International Equity Fund 5.5%
International Value Fund 5.5%
Emerging Markets Bond Fund 5.1%
Core Fixed Income Fund 3.5%
Growth Leaders Fund 3.5%
Floating Rate Fund 3.0%
Holding Assets
FX Vol Swap EUR/USD 5.425% 5/14/202.1%
FX Vol Swap USD/JPY 6.975% 10/23/202.1%
FX Vol Swap USD/JPY 6.75% 5/14/202.1%
MSCI EAFE MAR202.1%
FX Vol Swap EUR/USD 5.95% 10/23/202.1%
MSCI EMGMKT MAR201.0%
S&P500 EMINI FUT MAR20-1.0%

Equity Sector Allocation as of 01/31/2020

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

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 02/21/2020
$0.023
Dividend Frequency
Monthly
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
01/30/2020 01/31/2020 01/31/2020 $0.02310 $15.16

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
02/27/2020 02/28/2020 02/28/2020
03/30/2020 03/31/2020 03/31/2020
04/29/2020 04/30/2020 04/30/2020
05/28/2020 05/29/2020 05/29/2020
06/29/2020 06/30/2020 06/30/2020
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

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/21/2015 12/22/2015 $0.3429 $0.0172 $0.3601 $13.54

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
12/21/2020 12/22/2020

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 02/21/2020

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $15.82
$100,000 to $249,999 1.75% 1.50% $15.74
$250,000 to $499,999 1.25% 1.00% $15.66
$500,000 to $999,999 0.00% 1.00% $15.46
$1,000,000 to $5,000,000 0.00% 1.00% $15.46

Expense Ratioas of 01/31/2020

1.17%

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
Capital Markets Presentation
Publish Date:11/03/2015
Brochure
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 A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

Except as noted below, returns with sales charges reflect a maximum sales charge of 2.50%. There are also ongoing 12b-1 service and distribution fees.

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1.50% if the shares are repurchased before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

 

Except as noted below, returns with sales charges reflect a maximum sales charge of 2.50%. There are also ongoing 12b-1 service and distribution fees.

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1.50% if the shares are repurchased before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

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