Fund Research for Lord Abbett Classic Stock R3 (LRLRX)

  • Fund Overview

    Fund Inception Date: Sep 28, 2007
    Category: Large Blend
    Overall Risk: Below Average
    Fund Family: Lord Abbett
    Return Since Inception: -10.88%
    YTD Return: 23.10%
    Yield (TTM): 1.06%
    Net Assets: 1.75 M
    Morningstar Rating:
    4 of 5

    The investment seeks growth of capital and growth of income consistent with reasonable risk. The fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in equity securities of large, seasoned, U.S. and multinational companies, is defined as a company having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000 Index. It invests in the full spectrum of large companies including those with value or growth characteristics.

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    Size
    Average Market Cap $38,245 M
    Market Capitalization Portfolio
    Giant 48.43%
    Large 39.93%
    Medium 11.64%
    Small 0.00%
    Micro 0.00%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/27/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 09/30/2007 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 23.10% 24.95% — — 2.63% -10.88%
    +/- Category -1.47% -3.62% — — 2.69% —
    +/- S&P 500 TR -0.49% -1.16% — — -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 16.63% 9.17% -3.20% 1.68% 2.63% -10.88%
    Quarter (as of 09/30/2009) 20.93% -3.16% — — — -9.69%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/27/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/27/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 09/28/2007
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 23.26%
    Service 48.14%
    Manufacturing 27.66%

    Asset Allocation

    Short Long Net Assets
    Cash — 0.92% 0.92%
    Stocks — 99.08% 99.08%
    Bonds — 0.00% 0.00%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 4.24% 4.24%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    = JPMORGAN CHASE & CO (JPM) Financial Services 35.12 37.11% 2.68%
    + GOLDMAN SACHS GROUP INC (GS) Financial Services 37.96 104.74% 2.41%
    = EXXON MOBIL CORP (XOM) Energy 17.42 -8.58% 2.39%
    = MONSANTO CO NEW (MON) Industrial Materials 21.36 -2.03% 2.39%
    = MICROSOFT CORP (MSFT) Software 19.10 43.62% 2.21%
    = AT&T INC (T) Telecom 13.34 -5.26% 1.92%
    + QUALCOMM INC (QCOM) Telecom 47.37 19.23% 1.77%
    = GOOGLE INC (GOOG) Telecom 37.66 74.64% 1.68%
    = APPLE INC (AAPL) Hardware 31.78 121.15% 1.67%
    - WELLS FARGO & CO NEW (WFC) Financial Services 10.62 -4.41% 1.63%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/30/2009
    All other data as of 06/30/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 07/01/2009
    Expense Ratio (based on net assets) 1.42%
    Taken from annual report dated 11/30/2008

  • Fund Management

    Daniel H. Frascarelli
    Start Date: 07/11/2005
    Partner (2002) & Director (Large Cap Core Equity), joined the firm in 1990. Prior experience includes: Vice President and Analyst for Altman Brenner & Wasserman and Research Analyst for Cyrus J. Lawrence, Inc. Mr. Frascarelli earned his BS from Syracuse University, his MS in Engineering from Columbia University, and his MBA in Finance from New York University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 1983
    Randy M. Reynolds
    Start Date: 07/28/2008
    Mr. Reynolds is a portfolio manager of the large cap core equity strategy. Mr. Reynolds joined Lord Abbett in 1999 as a quantitative analyst and a research analyst for the large cap core equity strategy. His prior experience includes: Financial Analyst at PEI. Mr. Reynolds received a BA from the University of Delaware. He is the holder of a Chartered Financial Analyst designation and has been in the investment business since 1997.