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.

Income From Diverse Sources 

The Fund has the flexibility to invest in bonds, stocks, and currencies from around the world, seeking to find income from both traditional and nontraditional sources.

Tactical to Adapt to Changing Markets

The investment team can rapidly shift the portfolio’s allocations to increase investment in areas that appear undervalued or hedge unwanted exposures when caution is warranted.

Historically Produced High Income with Growth

Led by our Chief Investment Officer and Investment Committee, this Fund has delivered competitive performance and above-average income compared with its peer group.

Yield

12-Month Dividend Yield 1 as of 02/27/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge 4.95% 4.81%
w/ sales charge 4.84% 4.71%

30-Day Standardized Yield 2 as of 01/31/2015  

Subsidized5 Un-Subsidized6
3.79% 3.69%

Fund Basicsas of 01/30/2015

Total Net Assets
$2.44 B
Inception Date
06/30/2005
Dividend Frequency
Monthly

Expense Ratioas of 01/31/2015

Fund Expense Ratio :

Gross 1.16%

Net 1.02%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge -0.02% 4.07% 7.70% 8.04% - 6.07%
Lipper Category Avg. Mixed-Asset Target Alloc Consv Funds 0.36% 5.19% 6.00% 6.55% - -
Blended Index 0.86% 5.98% 7.07% 7.68% - 6.44%
w/ sales charge -2.25% 1.75% 6.89% 7.54% - 5.81%

Fund Expense Ratio :

Gross 1.16%

Net 1.02%

Fund Expense Ratio :

Gross 1.16%

Net 1.02%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 06/30/2005
w/o sales charge 3.44% 3.44% 8.96% 8.02% - 6.13%
Lipper Category Avg. Mixed-Asset Target Alloc Consv Funds 4.32% 4.32% 6.82% 6.37% - -
Blended Index 5.12% 5.12% 7.63% 7.53% - 6.40%
w/ sales charge 1.09% 1.09% 8.15% 7.52% - 5.87%

Fund Expense Ratio :

Gross 1.16%

Net 1.02%

Investment Team

Robert I. Gerber
Robert I. Gerber, Ph.D.

Partner & Chief Investment Officer

27 Years of Industry Experience

Fund Performance Details next tab

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