0000930413-12-006217.txt : 20121120 0000930413-12-006217.hdr.sgml : 20121120 20121120095608 ACCESSION NUMBER: 0000930413-12-006217 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20121120 DATE AS OF CHANGE: 20121120 EFFECTIVENESS DATE: 20121120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND CENTRAL INDEX KEY: 0000311635 IRS NUMBER: 132986729 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-64536 FILM NUMBER: 121216676 BUSINESS ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302 BUSINESS PHONE: 201-827-2000 MAIL ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT U S GOVERNMENT SECURITIES MONEY MARKET FUND INC DATE OF NAME CHANGE: 19970312 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT CASH RESERVE FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND CENTRAL INDEX KEY: 0000311635 IRS NUMBER: 132986729 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02924 FILM NUMBER: 121216677 BUSINESS ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302 BUSINESS PHONE: 201-827-2000 MAIL ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT U S GOVERNMENT SECURITIES MONEY MARKET FUND INC DATE OF NAME CHANGE: 19970312 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT CASH RESERVE FUND INC DATE OF NAME CHANGE: 19920703 0000311635 S000006869 LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND C000018564 Class I LAYXX C000018565 Class A LACXX C000018566 Class B LABXX C000018567 Class C LCCXX 485BPOS 1 c71037_485bpos.htm

1933 Act File No. 002-64536
1940 Act File No. 811-02924

 

 

 

UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

 

FORM N-1A

 

 

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

x

 

 

 

Pre-Effective Amendment No.

o

 

 

 

Post-Effective Amendment No. 44

x

 

 

and/or

 

 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT

x

OF 1940

 

 

 

Amendment No. 44

x

 

 

LORD ABBETT U.S. GOVERNMENT & GOVERNMENT
SPONSORED ENTERPRISES MONEY MARKET FUND, INC.

 


 

(Exact Name of Registrant as Specified in Charter)

 


 

 

 

90 Hudson Street, Jersey City, New Jersey

 

07302-3973


 


(Address of Principal Executive Office)

 

(Zip Code)

 

 

 

Registrant’s Telephone Number, including Area Code: (800) 201-6984


 

Thomas R. Phillips, Esq.

Vice President and Assistant Secretary

90 Hudson Street, Jersey City, New Jersey 07302-3973


(Name and Address of Agent for Service)

It is proposed that this filing will become effective (check appropriate box)

x immediately upon filing pursuant to paragraph (b)

o on (date) pursuant to paragraph (b)

o 60 days after filing pursuant to paragraph (a) (1)

o on (date) pursuant to paragraph (a) (1)

o 75 days after filing pursuant to paragraph (a) (2)

o on (date) pursuant to paragraph (a) (2) of Rule 485.

If appropriate, check the following box:

o this post-effective amendment designates a new effective date for a previously filed post-effective amendment.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness to its Registration Statement under Rule 485(b) under the Securities Act and had duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Jersey City, and State of New Jersey as of the 20th day of November, 2012.

 

 

 

 

 

LORD ABBETT U.S. GOVERNMENT & GOVERNMENT
SPONSORED ENTERPRISES MONEY MARKET FUND, INC.

 

 

 

 

BY:

/s/ Thomas R. Phillips

 

 


 

 

 

Thomas R. Phillips

 

 

Vice President and Assistant Secretary

 

 

 

 

BY:

/s/ Joan A. Binstock

 

 


 

 

 

Joan A. Binstock

 

 

Chief Financial Officer and Vice President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

 

 

 

Signatures

 

Title

Date


 



 

 

 

 

 

 

Chairman, Chief Executive

 

Robert S. Dow *

 

Officer and Director

November 20, 2012


 

 

 

Robert S. Dow

 

 

 

 

 

 

 

Daria L. Foster*

 

President and

November 20, 2012


 

Director

 

Daria L. Foster

 

 

 

 

 

 

 

E. Thayer Bigelow*

 

Director

November 20, 2012


 

 

 

E. Thayer Bigelow

 

 

 

 

 

 

 

Robert B. Calhoun, Jr.*

 

Director

November 20, 2012


 

 

 

Robert B. Calhoun, Jr.

 

 

 

 

 

 

 

Evelyn E. Guernsey*

 

Director

November 20, 2012


 

 

 

Evelyn E. Guernsey

 

 

 

 

 

 

 

Julie A. Hill*

 

Director

November 20, 2012


 

 

 

Julie A. Hill

 

 

 

 

 

 

 

Franklin W. Hobbs*

 

Director

November 20, 2012


 

 

 

Franklin W. Hobbs

 

 

 

 

 

 

 

Thomas J. Neff*

 

Director

November 20, 2012


 

 

 

Thomas J. Neff

 

 

 

 

 

 

 

James L.L. Tullis*

 

Director

November 20, 2012


 

 

 

James L.L. Tullis

 

 

 


 

 

 

By

/s/ Thomas R. Phillips

 


 

 

Thomas R. Phillips

 

 

Attorney – in – Fact*



POWER OF ATTORNEY

          Each person whose signature appears below on this Registration Statement hereby constitutes and appoints Lawrence H. Kaplan, Lawrence B. Stoller, John K. Forst and Thomas R. Phillips, each of them, with full power to act without the other, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities (until revoked in writing) to sign any and all Registration Statements of each Fund enumerated on Exhibit A hereto for which such person serves as a Director/Trustee (including Registration Statements on Forms N-1A and N-14 and any amendments thereto), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing ratifying and confirming all that said attorneys-in-fact and agents or any of them, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

          Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

 

 

 

 

Signatures

 

Title

 

Date


 


 


 

 

 

 

 

/s/ Robert S. Dow

 

Chairman, CEO

 

April 19, 2012


 

and Director/Trustee

 

 

Robert S. Dow

 

 

 

 

 

 

 

 

 

/s/ Daria L. Foster

 

President and

 

April 19, 2012


 

Director/Trustee

 

 

Daria L. Foster

 

 

 

 

 

 

 

 

 

/s/ E. Thayer Bigelow

 

Director/Trustee

 

April 19, 2012


 

 

 

 

E. Thayer Bigelow

 

 

 

 

 

 

 

 

 

/s/ Robert B. Calhoun, Jr.

 

Director/Trustee

 

April 19, 2012


 

 

 

 

Robert B. Calhoun, Jr.

 

 

 

 

 

 

 

 

 

/s/ Evelyn E. Guernsey

 

Director/Trustee

 

April 19, 2012


 

 

 

 

Evelyn E. Guernsey

 

 

 

 

 

 

 

 

 

/s/ Julie A. Hill

 

Director/Trustee

 

April 19, 2012


 

 

 

 

Julie A. Hill

 

 

 

 

 

 

 

 

 

/s/ Franklin W. Hobbs

 

Director/Trustee

 

April 19, 2012


 

 

 

 

Franklin W. Hobbs

 

 

 

 

 

 

 

 

 

/s/ Thomas J. Neff

 

Director/Trustee

 

April 19, 2012


 

 

 

 

Thomas J. Neff

 

 

 

 

 

 

 

 

 

/s/ James L .L. Tullis

 

Director/Trustee

 

April 19, 2012


 

 

 

 

James L. L. Tullis

 

 

 

 



EXHIBIT A

Lord Abbett Affiliated Fund, Inc.

Lord Abbett Bond-Debenture Fund, Inc.

Lord Abbett Developing Growth Fund, Inc.

Lord Abbett Equity Trust

Lord Abbett Global Fund, Inc.

Lord Abbett Investment Trust

Lord Abbett Mid Cap Stock Fund, Inc.

Lord Abbett Municipal Income Fund, Inc.

Lord Abbett Research Fund, Inc.

Lord Abbett Securities Trust

Lord Abbett Series Fund, Inc.

Lord Abbett Stock Appreciation Fund

Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc.


EXHIBIT INDEX

 

 

 

Exhibit No.

 

Description


 


 

 

 

EX-101.INS

 

XBRL Instance Document

EX-101.SCH

 

XBRL Taxonomy Extension Schema Document

EX-101.DEF

 

XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB

 

XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase



EX-101.PRE 3 cik0000311635-20121025_pre.xml XBRL PRESENTATION FILE EX-101.INS 4 cik0000311635-20121025.xml XBRL INSTANCE FILE 0000311635 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member cik0000311635:C000018565Member 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member cik0000311635:C000018566Member 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member cik0000311635:C000018567Member 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member cik0000311635:C000018564Member 2012-06-30 2012-06-30 0000311635 cik0000311635:S000006869Member cik0000311635:index_Lipper_US_Government_Money_Market_Fund_Averagereflects_no_deduction_for_fees_expenses_or_taxesMember 2012-06-30 2012-06-30 xbrli:pure iso4217:USD Corresponds with Class I period shown. Class A or Class C shares of the Fund that were obtained in exchange for Class A or Class C shares of another Lord Abbett Fund that were subject to a contingent deferred sales charge ("CDSC") of 1.00% at the time of exchange are subject to a CDSC unless the one-year CDSC period has expired or a CDSC waiver applies. LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND 485BPOS false 0000311635 2012-06-30 2012-10-25 2012-11-01 2012-11-01 LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND PRINCIPAL RISKS <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">As with any investment in a mutual fund, investing in the Fund involves risk. While the Fund seeks to preserve capital by investing in high quality, short-term, liquid securities, the value of such securities will fluctuate in response to economic conditions and market movements.</font> </p> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">In addition to the risks of overall market movements and risks that are specific to an individual security, the principal risks of investing in the Fund, which could adversely affect its performance, include:</font> </p> <br/><ul> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Interest Rate Risk:</b> A rise in prevailing interest rates generally will cause the price of a fixed rate debt security to fall. Generally, the longer the maturity of a security or weighted average maturity of the Fund, the more sensitive its price is to a rise in interest rates. The Fund&#8217;s yield may vary in response to changes in interest rates and other market factors. During periods when the Fund holds low-yielding securities, the Fund may have little or no net investment income and the Fund&#8217;s yield may decline substantially.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Credit Risk:</b> Many securities in which the Fund invests are not supported by the full faith and credit of the U.S. Government, even though they are issued by government-sponsored enterprises. There can be no assurance that the U.S. government will provide financial support to government-sponsored enterprises if it is not legally required to do so. In these situations, the Fund is exposed to the credit risk of the issuing government-sponsored enterprise, which may fail to make timely payments of principal or interest, or may default on such payments.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Mortgage-Related Securities Risk:</b> Mortgage-related debt securities issued by government-sponsored enterprises may be particularly sensitive to changes in economic conditions, including delinquencies and/or defaults. They are subject to prepayment risk (higher than expected prepayment rates of mortgage obligations, due to a fall in market interest rates) and extension risk (lower than expected prepayment rates of mortgage obligations, due to a rise in market interest rates). These risks increase the Fund&#8217;s overall interest rate risk.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Issuer Concentration Risk:</b> Because the Fund may invest most of its assets in securities issued or guaranteed by a small number of government-sponsored enterprises that are not backed by the full faith and credit of the U.S. Government, it may be more exposed to developments affecting an individual government- sponsored enterprise than a fund that invests more widely.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Repurchase Agreement Risk:</b> If the other party to a repurchase agreement defaults on its obligation under the agreement, the Fund may suffer delays and incur costs or lose money in exercising its rights under the agreement. If the seller fails to repurchase the security and the market value of the security declines, the Fund may lose money.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Portfolio Management Risk:</b> If the strategies used by the Fund&#8217;s portfolio managers and their security selections fail to produce the intended result, the Fund may suffer losses or underperform other funds with the same investment objective or strategies, even in a favorable market.</font> </p> </li> </ul> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is not a complete investment program and may not be appropriate for all investors. For more information on the principal risks of the Fund, please see the &#8220;More Information About the Fund &#8211; Principal Risks&#8221; section in the prospectus.</font> </p> An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is not a complete investment program and may not be appropriate for all investors. As with any investment in a mutual fund, investing in the Fund involves risk. While the Fund seeks to preserve capital by investing in high quality, short-term, liquid securities, the value of such securities will fluctuate in response to economic conditions and market movements. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. PRINCIPAL INVESTMENT STRATEGIES <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund is a money market fund that attempts to manage its portfolio to maintain a stable share price of $1.00 in accordance with strict rules of the Securities and Exchange Commission (&#8220;SEC&#8221;). To pursue its objective, under normal conditions, the Fund invests substantially all of its assets in:</font> </p> <br/><ul> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>U.S. government securities</b>, which include securities issued or guaranteed by the U.S. government or its agencies, or by various instrumentalities that have been established or sponsored by the U.S. government (collectively, &#8220;government-sponsored enterprises&#8221;); and</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Repurchase agreements</b> that are collateralized by the securities described above.</font> </p> </li> </ul> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">To maintain liquidity, the Fund will normally maintain at least 10% of its total assets in a combination of (i) direct obligations of the U.S. Government, (ii)&#160;securities that will mature or are subject to a demand feature that is exercisable and payable within one business day, and (iii) cash. The Fund may hold cash to meet this requirement or while looking for suitable investment opportunities. The Fund will maintain a dollar-weighted average portfolio maturity of 60 calendar days or less.</font> </p> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund seeks to remain fully invested in accordance with its investment objective. In response to adverse economic, market or other unfavorable conditions, however, the Fund may invest its assets in cash or cash equivalents in a temporary defensive manner. The Fund may also increase its investments in cash or cash equivalents in unusual circumstances, such as unusually large cash inflows (whether through the purchase of Fund shares or the sale of securities) or anticipated increase in redemptions, or to satisfy other liquidity requirements.</font> </p> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund generally will sell a security to satisfy redemption requests or increase cash or for a variety of other reasons, such as when the Fund believes the security seems less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or when selling the security would help manage the Fund&#8217;s duration.</font> </p> INVESTMENT OBJECTIVE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The investment objective of the Fund is to seek high current income and preservation of capital through investments in high quality, short-term, liquid securities. These securities are commonly known as money market instruments.</font> </p> PERFORMANCE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The bar chart and table below provide some indication of the risks of investing in the Fund by illustrating the variability of the Fund&#8217;s returns. Each assumes reinvestment of dividends and distributions. The Fund&#8217;s past performance is not necessarily an indication of how the Fund will perform in the future.</font> </p> Bar Chart (per calendar year) - Class A Shares* 0.0085 0.0026 0.0048 0.0248 0.0435 0.0450 0.0162 0.0002 0.0002 0.0002 ~ http://www.lordabbett.com/20121025/role/ScheduleAnnualTotalReturnsBarChart20005 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact cik0000311635_C000018565Member row primary compact * ~ <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The bar chart shows changes in the performance of the Fund's Class A shares from calendar year to calendar year. Performance for the Fund's other share classes will vary due to the different expenses each class bears. Updated performance information is available at www.lordabbett.com or by calling 888-522-2388.</font> </p> <br/><p align="center"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"/> </p> Best Quarter 0.0116 2006-09-30 Worst Quarter 0.0000 2011-03-31 The year-to-date return for Class A shares as of September 30, 2012 was 0.02%. 0.0002 2012-09-30 <table style="WIDTH: 97.24%; MARGIN-LEFT: 0.88%; MARGIN-RIGHT: 0.88%" cellspacing="0"> <tr valign="bottom"> <td style="WIDTH: 54.19%"> <p> <font style="FONT-SIZE: 0.6mm"></font>&#160; </p> </td> <td style="WIDTH: 2.63%"> <p> <font style="FONT-SIZE: 0.6mm"></font>&#160; </p> </td> <td style="WIDTH: 40.06%" align="right"> <p> <font style="FONT-SIZE: 0.6mm"></font>&#160; </p> </td> </tr> <tr valign="bottom"> <td> <p style="TEXT-INDENT: -2.8mm; MARGIN: 0px 0px 0px 2.8mm"> <font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.1mm"><b>Best Quarter</b> 3rd Q &#8217;06 <b>+1.16%</b></font> </p> </td> <td width="3"> &#160; </td> <td align="right"> <p> <font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.1mm"><b>Worst Quarter</b> 1st Q &#8216;11 <b>0.00%</b></font> </p> </td> </tr> </table> <table style="MARGIN-LEFT: 0.33pc; FONT-SIZE: 0.2mm" cellspacing="0" cellpadding="0"> <tr valign="top"> <td style="WIDTH: 5pt"> <p style="MARGIN-TOP: 8pt"> &#160; </p> </td> </tr> <tr valign="top"> <td align="right"> <p> <font style="FONT-FAMILY: sans-serif; FONT-SIZE: 2.9mm">*</font> </p> </td> <td width="3"> <p style="FONT-SIZE: 0.2mm"> &#160; </p> </td> <td> <p> <font style="FONT-SIZE: 0.2mm"></font>&#160; </p> </td> <td width="3"> &#160; </td> <td colspan="17"> <p style="MARGIN: 0px 4mm 0px 0px"> <font style="FONT-FAMILY: sans-serif; FONT-SIZE: 2.9mm">The year-to-date return for Class A shares as of September 30, 2012 was 0.02%.</font> </p> <p style="TEXT-INDENT: 1.4mm; MARGIN: 2.1mm 4mm 0px 0px"> <font style="FONT-FAMILY: sans-serif; FONT-SIZE: 2.9mm"></font> </p> </td> </tr> <tr> <td colspan="99"> <p style="FONT-SIZE: 12pt"> </p> </td> </tr> </table> Average Annual Total Returns (for the periods ended December 31, 2011) <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">For the Fund&#8217;s current 7-day yield, call toll-free 888-522-2388. The table below shows the Fund&#8217;s Class A, B, C, and I shares performance over time. The Fund&#8217;s average annual total returns for Class A and C shares are shown at net asset value (&#8220;NAV&#8221;) because there are no sales charges applicable to these share classes other than in certain cases where shares were obtained through exchange from another Lord Abbett Fund. The Fund&#8217;s average annual total returns for Class B shares include the current CDSC of 5.00% for the one-year period and 2.00% for the five-year period. Class B shares automatically convert to Class A shares at approximately eight years after purchase. All returns for Class B shares for periods greater than eight years reflect this conversion.</font> </p> For the Fund&#8217;s current 7-day yield, call toll-free 888-522-2388. 0.0002 0.0122 0.0145 -0.0500 0.0053 0.0106 0.0002 0.0122 0.0145 0.0002 0.0122 0.0182 0.0001 0.0122 0.0150 0.0181 2004-10-19 2004-10-31 ~ http://www.lordabbett.com/20121025/role/ScheduleAverageAnnualReturnsTransposed20006 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~ The Fund's average annual total returns for Class A and C shares are shown at net asset value ("NAV") because there are no sales charges applicable to these share classes other than in certain cases where shares were obtained through exchange from another Lord Abbett Fund. The Fund's average annual total returns for Class B shares include the current CDSC of 5.00% for the one-year period and 2.00% for the five-year period. 888-522-2388 The bar chart and table below provide some indication of the risks of investing in the Fund by illustrating the variability of the Fund's returns. The Fund's past performance is not necessarily an indication of how the Fund will perform in the future. (reflects no deduction for fees, expenses, or taxes) 888-522-2388 www.lordabbett.com Example <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year, that dividends and distributions are reinvested, and that the Fund&#8217;s operating expenses remain the same. The example assumes a deduction of the applicable contingent deferred sales charge (&#8220;CDSC&#8221;) for the one-year, three-year, and five-year periods for Class B shares.</font> </p> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">However, the example does not reflect a deduction of the applicable CDSC for the one-year period for Class A and Class C shares obtained through exchange from another Lord Abbett Fund. Class B shares automatically convert to Class A shares after approximately eight years. The expense example for Class B shares for the ten-year period reflects the conversion to Class A shares. The first example assumes that you redeem all of your shares at the end of the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs (including any applicable CDSC) would be as shown below. The second example assumes that you do not redeem and instead keep your shares.</font> </p> 67 211 368 822 67 211 368 822 644 746 971 1486 144 446 771 1486 67 211 368 822 67 211 368 822 67 211 368 822 67 211 368 822 ~ http://www.lordabbett.com/20121025/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121025/role/ScheduleExpenseExampleNoRedemptionTransposed20004 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ If Shares Are Redeemed If Shares Are Not Redeemed FEES AND EXPENSES <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.</font> </p> 0.0000 0.0000 0.0000 0.0000 0.0000 0.0500 0.0000 0.0000 0.0045 0.0045 0.0045 0.0045 0.0000 0.0075 0.0000 0.0000 0.0021 0.0021 0.0021 0.0021 0.0066 0.0141 0.0066 0.0066 ~ http://www.lordabbett.com/20121025/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121025/role/ScheduleOperatingExpenses20002 column dei_LegalEntityAxis compact cik0000311635_S000006869Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) Shareholder Fees (Fees paid directly from your investment) EX-101.SCH 5 cik0000311635-20121025.xsd XBRL SCHEMA FILE 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example {Transposed} link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Expense Example No Redemption {Transposed} link:presentationLink link:definitionLink link:calculationLink 020005 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020006 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020007 - Disclosure - Risk/Return Detail Data {Elements} - LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND link:presentationLink link:definitionLink link:calculationLink EX-101.DEF 6 cik0000311635-20121025_def.xml XBRL DEFINITION FILE EX-101.LAB 7 cik0000311635-20121025_lab.xml XBRL LABEL FILE XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The investment objective of the Fund is to seek high current income and preservation of capital through investments in high quality, short-term, liquid securities. These securities are commonly known as money market instruments.

Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (Fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year, that dividends and distributions are reinvested, and that the Fund’s operating expenses remain the same. The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year, three-year, and five-year periods for Class B shares.


However, the example does not reflect a deduction of the applicable CDSC for the one-year period for Class A and Class C shares obtained through exchange from another Lord Abbett Fund. Class B shares automatically convert to Class A shares after approximately eight years. The expense example for Class B shares for the ten-year period reflects the conversion to Class A shares. The first example assumes that you redeem all of your shares at the end of the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs (including any applicable CDSC) would be as shown below. The second example assumes that you do not redeem and instead keep your shares.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If Shares Are Redeemed
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If Shares Are Not Redeemed
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

The Fund is a money market fund that attempts to manage its portfolio to maintain a stable share price of $1.00 in accordance with strict rules of the Securities and Exchange Commission (“SEC”). To pursue its objective, under normal conditions, the Fund invests substantially all of its assets in:


  • U.S. government securities, which include securities issued or guaranteed by the U.S. government or its agencies, or by various instrumentalities that have been established or sponsored by the U.S. government (collectively, “government-sponsored enterprises”); and

  • Repurchase agreements that are collateralized by the securities described above.


To maintain liquidity, the Fund will normally maintain at least 10% of its total assets in a combination of (i) direct obligations of the U.S. Government, (ii) securities that will mature or are subject to a demand feature that is exercisable and payable within one business day, and (iii) cash. The Fund may hold cash to meet this requirement or while looking for suitable investment opportunities. The Fund will maintain a dollar-weighted average portfolio maturity of 60 calendar days or less.


The Fund seeks to remain fully invested in accordance with its investment objective. In response to adverse economic, market or other unfavorable conditions, however, the Fund may invest its assets in cash or cash equivalents in a temporary defensive manner. The Fund may also increase its investments in cash or cash equivalents in unusual circumstances, such as unusually large cash inflows (whether through the purchase of Fund shares or the sale of securities) or anticipated increase in redemptions, or to satisfy other liquidity requirements.


The Fund generally will sell a security to satisfy redemption requests or increase cash or for a variety of other reasons, such as when the Fund believes the security seems less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or when selling the security would help manage the Fund’s duration.

Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

As with any investment in a mutual fund, investing in the Fund involves risk. While the Fund seeks to preserve capital by investing in high quality, short-term, liquid securities, the value of such securities will fluctuate in response to economic conditions and market movements.


In addition to the risks of overall market movements and risks that are specific to an individual security, the principal risks of investing in the Fund, which could adversely affect its performance, include:


  • Interest Rate Risk: A rise in prevailing interest rates generally will cause the price of a fixed rate debt security to fall. Generally, the longer the maturity of a security or weighted average maturity of the Fund, the more sensitive its price is to a rise in interest rates. The Fund’s yield may vary in response to changes in interest rates and other market factors. During periods when the Fund holds low-yielding securities, the Fund may have little or no net investment income and the Fund’s yield may decline substantially.

  • Credit Risk: Many securities in which the Fund invests are not supported by the full faith and credit of the U.S. Government, even though they are issued by government-sponsored enterprises. There can be no assurance that the U.S. government will provide financial support to government-sponsored enterprises if it is not legally required to do so. In these situations, the Fund is exposed to the credit risk of the issuing government-sponsored enterprise, which may fail to make timely payments of principal or interest, or may default on such payments.

  • Mortgage-Related Securities Risk: Mortgage-related debt securities issued by government-sponsored enterprises may be particularly sensitive to changes in economic conditions, including delinquencies and/or defaults. They are subject to prepayment risk (higher than expected prepayment rates of mortgage obligations, due to a fall in market interest rates) and extension risk (lower than expected prepayment rates of mortgage obligations, due to a rise in market interest rates). These risks increase the Fund’s overall interest rate risk.

  • Issuer Concentration Risk: Because the Fund may invest most of its assets in securities issued or guaranteed by a small number of government-sponsored enterprises that are not backed by the full faith and credit of the U.S. Government, it may be more exposed to developments affecting an individual government- sponsored enterprise than a fund that invests more widely.

  • Repurchase Agreement Risk: If the other party to a repurchase agreement defaults on its obligation under the agreement, the Fund may suffer delays and incur costs or lose money in exercising its rights under the agreement. If the seller fails to repurchase the security and the market value of the security declines, the Fund may lose money.

  • Portfolio Management Risk: If the strategies used by the Fund’s portfolio managers and their security selections fail to produce the intended result, the Fund may suffer losses or underperform other funds with the same investment objective or strategies, even in a favorable market.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is not a complete investment program and may not be appropriate for all investors. For more information on the principal risks of the Fund, please see the “More Information About the Fund – Principal Risks” section in the prospectus.

Risk Lose Money [Text] rr_RiskLoseMoney As with any investment in a mutual fund, investing in the Fund involves risk. While the Fund seeks to preserve capital by investing in high quality, short-term, liquid securities, the value of such securities will fluctuate in response to economic conditions and market movements.
Risk Money Market Fund [Text] rr_RiskMoneyMarketFund An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is not a complete investment program and may not be appropriate for all investors.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The bar chart and table below provide some indication of the risks of investing in the Fund by illustrating the variability of the Fund’s returns. Each assumes reinvestment of dividends and distributions. The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table below provide some indication of the risks of investing in the Fund by illustrating the variability of the Fund's returns.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 888-522-2388
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.lordabbett.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance is not necessarily an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Bar Chart (per calendar year) - Class A Shares*
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock

The bar chart shows changes in the performance of the Fund's Class A shares from calendar year to calendar year. Performance for the Fund's other share classes will vary due to the different expenses each class bears. Updated performance information is available at www.lordabbett.com or by calling 888-522-2388.


Bar Chart Footnotes [Text Block] rr_BarChartFootnotesTextBlock

 

*

 

 

 

The year-to-date return for Class A shares as of September 30, 2012 was 0.02%.

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

 

 

 

Best Quarter 3rd Q ’06 +1.16%

 

Worst Quarter 1st Q ‘11 0.00%

Year to Date Return, Label rr_YearToDateReturnLabel The year-to-date return for Class A shares as of September 30, 2012 was 0.02%.
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 0.02%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2006
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 1.16%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn 0.00%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2011)
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads The Fund's average annual total returns for Class A and C shares are shown at net asset value ("NAV") because there are no sales charges applicable to these share classes other than in certain cases where shares were obtained through exchange from another Lord Abbett Fund. The Fund's average annual total returns for Class B shares include the current CDSC of 5.00% for the one-year period and 2.00% for the five-year period.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes (reflects no deduction for fees, expenses, or taxes)
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

For the Fund’s current 7-day yield, call toll-free 888-522-2388. The table below shows the Fund’s Class A, B, C, and I shares performance over time. The Fund’s average annual total returns for Class A and C shares are shown at net asset value (“NAV”) because there are no sales charges applicable to these share classes other than in certain cases where shares were obtained through exchange from another Lord Abbett Fund. The Fund’s average annual total returns for Class B shares include the current CDSC of 5.00% for the one-year period and 2.00% for the five-year period. Class B shares automatically convert to Class A shares at approximately eight years after purchase. All returns for Class B shares for periods greater than eight years reflect this conversion.

Money Market Seven Day Yield, Caption [Text] rr_MoneyMarketSevenDayYieldCaption For the Fund’s current 7-day yield, call toll-free 888-522-2388.
Money Market Seven Day Yield Phone rr_MoneyMarketSevenDayYieldPhone 888-522-2388
Lipper U.S. Government Money Market Fund Average(reflects no deduction for fees, expenses, or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.01%
5 Years rr_AverageAnnualReturnYear05 1.22%
10 Years rr_AverageAnnualReturnYear10 1.50%
Life of Class rr_AverageAnnualReturnSinceInception 1.81%
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Oct. 31, 2004 [1]
Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [2]
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 822
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 67
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 211
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 368
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 822
Annual Return 2002 rr_AnnualReturn2002 0.85%
Annual Return 2003 rr_AnnualReturn2003 0.26%
Annual Return 2004 rr_AnnualReturn2004 0.48%
Annual Return 2005 rr_AnnualReturn2005 2.48%
Annual Return 2006 rr_AnnualReturn2006 4.35%
Annual Return 2007 rr_AnnualReturn2007 4.50%
Annual Return 2008 rr_AnnualReturn2008 1.62%
Annual Return 2009 rr_AnnualReturn2009 0.02%
Annual Return 2010 rr_AnnualReturn2010 0.02%
Annual Return 2011 rr_AnnualReturn2011 0.02%
1 Year rr_AverageAnnualReturnYear01 0.02%
5 Years rr_AverageAnnualReturnYear05 1.22%
10 Years rr_AverageAnnualReturnYear10 1.45%
Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 5.00%
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 644
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 746
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 971
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,486
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 144
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 446
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 771
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,486
1 Year rr_AverageAnnualReturnYear01 (5.00%)
5 Years rr_AverageAnnualReturnYear05 0.53%
10 Years rr_AverageAnnualReturnYear10 1.06%
Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [2]
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 822
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 67
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 211
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 368
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 822
1 Year rr_AverageAnnualReturnYear01 0.02%
5 Years rr_AverageAnnualReturnYear05 1.22%
10 Years rr_AverageAnnualReturnYear10 1.45%
Class I
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.21%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.66%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 67
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 822
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 67
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 211
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 368
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 822
1 Year rr_AverageAnnualReturnYear01 0.02%
5 Years rr_AverageAnnualReturnYear05 1.22%
Life of Class rr_AverageAnnualReturnSinceInception 1.82%
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Oct. 19, 2004
[1] Corresponds with Class I period shown.
[2] Class A or Class C shares of the Fund that were obtained in exchange for Class A or Class C shares of another Lord Abbett Fund that were subject to a contingent deferred sales charge ("CDSC") of 1.00% at the time of exchange are subject to a CDSC unless the one-year CDSC period has expired or a CDSC waiver applies.
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LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
INVESTMENT OBJECTIVE

The investment objective of the Fund is to seek high current income and preservation of capital through investments in high quality, short-term, liquid securities. These securities are commonly known as money market instruments.

FEES AND EXPENSES

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees (Fees paid directly from your investment)
Shareholder Fees LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
Class A
Class B
Class C
Class I
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) none [1] 5.00% none [1] none
[1] Class A or Class C shares of the Fund that were obtained in exchange for Class A or Class C shares of another Lord Abbett Fund that were subject to a contingent deferred sales charge ("CDSC") of 1.00% at the time of exchange are subject to a CDSC unless the one-year CDSC period has expired or a CDSC waiver applies.
Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Operating Expenses LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
Class A
Class B
Class C
Class I
Management Fees 0.45% 0.45% 0.45% 0.45%
Distribution and Service (12b-1) Fees none 0.75% none none
Other Expenses 0.21% 0.21% 0.21% 0.21%
Total Annual Fund Operating Expenses 0.66% 1.41% 0.66% 0.66%
Example

The following example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year, that dividends and distributions are reinvested, and that the Fund’s operating expenses remain the same. The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year, three-year, and five-year periods for Class B shares.


However, the example does not reflect a deduction of the applicable CDSC for the one-year period for Class A and Class C shares obtained through exchange from another Lord Abbett Fund. Class B shares automatically convert to Class A shares after approximately eight years. The expense example for Class B shares for the ten-year period reflects the conversion to Class A shares. The first example assumes that you redeem all of your shares at the end of the periods. Although your actual costs may be higher or lower, based on these assumptions, your costs (including any applicable CDSC) would be as shown below. The second example assumes that you do not redeem and instead keep your shares.

If Shares Are Redeemed
Expense Example LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
67 211 368 822
Class B
644 746 971 1,486
Class C
67 211 368 822
Class I
67 211 368 822
If Shares Are Not Redeemed
Expense Example No Redemption LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
67 211 368 822
Class B
144 446 771 1,486
Class C
67 211 368 822
Class I
67 211 368 822
PRINCIPAL INVESTMENT STRATEGIES

The Fund is a money market fund that attempts to manage its portfolio to maintain a stable share price of $1.00 in accordance with strict rules of the Securities and Exchange Commission (“SEC”). To pursue its objective, under normal conditions, the Fund invests substantially all of its assets in:


  • U.S. government securities, which include securities issued or guaranteed by the U.S. government or its agencies, or by various instrumentalities that have been established or sponsored by the U.S. government (collectively, “government-sponsored enterprises”); and

  • Repurchase agreements that are collateralized by the securities described above.


To maintain liquidity, the Fund will normally maintain at least 10% of its total assets in a combination of (i) direct obligations of the U.S. Government, (ii) securities that will mature or are subject to a demand feature that is exercisable and payable within one business day, and (iii) cash. The Fund may hold cash to meet this requirement or while looking for suitable investment opportunities. The Fund will maintain a dollar-weighted average portfolio maturity of 60 calendar days or less.


The Fund seeks to remain fully invested in accordance with its investment objective. In response to adverse economic, market or other unfavorable conditions, however, the Fund may invest its assets in cash or cash equivalents in a temporary defensive manner. The Fund may also increase its investments in cash or cash equivalents in unusual circumstances, such as unusually large cash inflows (whether through the purchase of Fund shares or the sale of securities) or anticipated increase in redemptions, or to satisfy other liquidity requirements.


The Fund generally will sell a security to satisfy redemption requests or increase cash or for a variety of other reasons, such as when the Fund believes the security seems less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or when selling the security would help manage the Fund’s duration.

PRINCIPAL RISKS

As with any investment in a mutual fund, investing in the Fund involves risk. While the Fund seeks to preserve capital by investing in high quality, short-term, liquid securities, the value of such securities will fluctuate in response to economic conditions and market movements.


In addition to the risks of overall market movements and risks that are specific to an individual security, the principal risks of investing in the Fund, which could adversely affect its performance, include:


  • Interest Rate Risk: A rise in prevailing interest rates generally will cause the price of a fixed rate debt security to fall. Generally, the longer the maturity of a security or weighted average maturity of the Fund, the more sensitive its price is to a rise in interest rates. The Fund’s yield may vary in response to changes in interest rates and other market factors. During periods when the Fund holds low-yielding securities, the Fund may have little or no net investment income and the Fund’s yield may decline substantially.

  • Credit Risk: Many securities in which the Fund invests are not supported by the full faith and credit of the U.S. Government, even though they are issued by government-sponsored enterprises. There can be no assurance that the U.S. government will provide financial support to government-sponsored enterprises if it is not legally required to do so. In these situations, the Fund is exposed to the credit risk of the issuing government-sponsored enterprise, which may fail to make timely payments of principal or interest, or may default on such payments.

  • Mortgage-Related Securities Risk: Mortgage-related debt securities issued by government-sponsored enterprises may be particularly sensitive to changes in economic conditions, including delinquencies and/or defaults. They are subject to prepayment risk (higher than expected prepayment rates of mortgage obligations, due to a fall in market interest rates) and extension risk (lower than expected prepayment rates of mortgage obligations, due to a rise in market interest rates). These risks increase the Fund’s overall interest rate risk.

  • Issuer Concentration Risk: Because the Fund may invest most of its assets in securities issued or guaranteed by a small number of government-sponsored enterprises that are not backed by the full faith and credit of the U.S. Government, it may be more exposed to developments affecting an individual government- sponsored enterprise than a fund that invests more widely.

  • Repurchase Agreement Risk: If the other party to a repurchase agreement defaults on its obligation under the agreement, the Fund may suffer delays and incur costs or lose money in exercising its rights under the agreement. If the seller fails to repurchase the security and the market value of the security declines, the Fund may lose money.

  • Portfolio Management Risk: If the strategies used by the Fund’s portfolio managers and their security selections fail to produce the intended result, the Fund may suffer losses or underperform other funds with the same investment objective or strategies, even in a favorable market.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. The Fund is not a complete investment program and may not be appropriate for all investors. For more information on the principal risks of the Fund, please see the “More Information About the Fund – Principal Risks” section in the prospectus.

PERFORMANCE

The bar chart and table below provide some indication of the risks of investing in the Fund by illustrating the variability of the Fund’s returns. Each assumes reinvestment of dividends and distributions. The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future.

The bar chart shows changes in the performance of the Fund's Class A shares from calendar year to calendar year. Performance for the Fund's other share classes will vary due to the different expenses each class bears. Updated performance information is available at www.lordabbett.com or by calling 888-522-2388.


Bar Chart (per calendar year) - Class A Shares*
Bar Chart

 

*

 

 

 

The year-to-date return for Class A shares as of September 30, 2012 was 0.02%.

 

 

 

Best Quarter 3rd Q ’06 +1.16%

 

Worst Quarter 1st Q ‘11 0.00%

Average Annual Total Returns (for the periods ended December 31, 2011)

For the Fund’s current 7-day yield, call toll-free 888-522-2388. The table below shows the Fund’s Class A, B, C, and I shares performance over time. The Fund’s average annual total returns for Class A and C shares are shown at net asset value (“NAV”) because there are no sales charges applicable to these share classes other than in certain cases where shares were obtained through exchange from another Lord Abbett Fund. The Fund’s average annual total returns for Class B shares include the current CDSC of 5.00% for the one-year period and 2.00% for the five-year period. Class B shares automatically convert to Class A shares at approximately eight years after purchase. All returns for Class B shares for periods greater than eight years reflect this conversion.

Average Annual Returns LORD ABBETT US GOV & GOV SPONSORED ENTERPR MONEY MARKET FUND
1 Year
5 Years
10 Years
Life of Class
Inception Date for Performance
Class A
0.02% 1.22% 1.45%    
Class B
(5.00%) 0.53% 1.06%    
Class C
0.02% 1.22% 1.45%    
Class I
0.02% 1.22%   1.82% Oct. 19, 2004
Lipper U.S. Government Money Market Fund Average(reflects no deduction for fees, expenses, or taxes)
0.01% 1.22% 1.50% 1.81% Oct. 31, 2004 [1]
[1] Corresponds with Class I period shown.