0000930413-12-006614.txt : 20121218 0000930413-12-006614.hdr.sgml : 20121218 20121218084847 ACCESSION NUMBER: 0000930413-12-006614 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20121218 DATE AS OF CHANGE: 20121218 EFFECTIVENESS DATE: 20121218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LORD ABBETT EQUITY TRUST CENTRAL INDEX KEY: 0001139819 IRS NUMBER: 223805271 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-60304 FILM NUMBER: 121270071 BUSINESS ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07301-3973 BUSINESS PHONE: 201-827-2000 MAIL ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302-3973 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT BLEND TRUST DATE OF NAME CHANGE: 20010502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LORD ABBETT EQUITY TRUST CENTRAL INDEX KEY: 0001139819 IRS NUMBER: 223805271 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-10371 FILM NUMBER: 121270072 BUSINESS ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07301-3973 BUSINESS PHONE: 201-827-2000 MAIL ADDRESS: STREET 1: 90 HUDSON STREET STREET 2: 11TH FLOOR CITY: JERSEY CITY STATE: NJ ZIP: 07302-3973 FORMER COMPANY: FORMER CONFORMED NAME: LORD ABBETT BLEND TRUST DATE OF NAME CHANGE: 20010502 0001139819 S000006803 Lord Abbett Small-Cap Blend Fund C000018421 Class A LSBAX C000018422 Class B LSBBX C000018423 Class C LSBCX C000018424 Class P LSBPX C000018425 Class I LSBYX C000054849 Class F LBNFX C000054850 Class R2 LSBQX C000054851 Class R3 LSSRX 0001139819 S000035058 Lord Abbett Calibrated Large Cap Value Fund C000107878 Class A LCAAX C000107879 Class C LCACX C000107880 Class F LCAFX C000107881 Class I LVCIX C000107882 Class R2 LCAQX C000107883 Class R3 LCARX 0001139819 S000035059 Lord Abbett Calibrated Mid Cap Value Fund C000107884 Class I LVMIX C000107885 Class R2 LVMQX C000107886 Class R3 LVMRX C000107887 Class A LVMAX C000107888 Class C LVMCX C000107889 Class F LVMFX 485BPOS 1 c71104_485bpos.htm POST-EFFECTIVE AMENDMENT (RULE 485B)

1933 Act File No. 333-60304
1940 Act File No. 811-10371

 

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. 19

x

 

 

and/or

 

 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

x

 

 

Amendment No. 20

x


 

LORD ABBETT EQUITY TRUST


(Exact Name of Registrant as Specified in Charter)

 

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


(Address of Principal Executive Office)

 

Registrant’s Telephone Number: (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 on 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 of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this 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 18th day of December, 2012.

 

 

 

 

 

LORD ABBETT EQUITY TRUST

 

 

 

 

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

 

 

/s/Robert S. Dow*

 

Officer and Trustee

 

December 18, 2012


 

 

 

 

Robert S. Dow

 

 

 

 

 

 

 

 

 

/s/Daria L. Foster*

 

President and Trustee

 

December 18, 2012


 

 

 

 

Daria L. Foster

 

 

 

 

 

 

 

 

 

/s/ E. Thayer Bigelow*

 

Trustee

 

December 18, 2012


 

 

 

 

E. Thayer Bigelow

 

 

 

 

 

 

 

 

 

/s/Robert B. Calhoun, Jr.*

 

Trustee

 

December 18, 2012


 

 

 

 

Robert B. Calhoun, Jr.

 

 

 

 

 

 

 

 

 

/s/ Evelyn E. Guernsey*

 

Trustee

 

December 18, 2012


 

 

 

 

Evelyn E. Guernsey

 

 

 

 

 

 

 

 

 

/s/Julie A. Hill*

 

Trustee

 

December 18, 2012


 

 

 

 

Julie A. Hill

 

 

 

 

 

 

 

 

 

/s/Franklin W. Hobbs*

 

Trustee

 

December 18, 2012


 

 

 

 

Franklin W. Hobbs

 

 

 

 

 

 

 

 

 

 

 

Trustee

 

 


 

 

 


James M. McTaggart

 

 

 

 

 

 

 

 

 

/s/Thomas J. Neff*

 

Trustee

 

December 18, 2012


 

 

 

 

Thomas J. Neff

 

 

 

 

 

 

 

 

 

/s/James L .L. Tullis*

 

Trustee

 

December 18, 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.INS 2 cik0001139819-20121127.xml XBRL INSTANCE FILE 0001139819 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107878Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107879Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107880Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107881Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107882Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035058Member cik0001139819:C000107883Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107887Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107888Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107889Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107884Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107885Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000035059Member cik0001139819:C000107886Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000018421Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000018422Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000018423Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000054849Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000018425Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000018424Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000054850Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:C000054851Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member rr:AfterTaxesOnDistributionsMember cik0001139819:C000018421Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member rr:AfterTaxesOnDistributionsAndSalesMember cik0001139819:C000018421Member 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:index_Russell_2000_Index_9282007_reflects_no_deduction_for_fees_expenses_or_taxesMember 2012-07-31 2012-07-31 0001139819 cik0001139819:S000006803Member cik0001139819:index_Russell_2000_Index_3312008_reflects_no_deduction_for_fees_expenses_or_taxesMember 2012-07-31 2012-07-31 xbrli:pure iso4217:USD A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase. A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase. These amounts have been updated from fiscal year amounts to reflect current fees and expenses. For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.50%. This agreement may be terminated only by the Fund's Board of Trustees. A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase. A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase. These amounts have been updated from fiscal year amounts to reflect current fees and expenses. For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.60%. This agreement may be terminated only by the Fund's Board of Trustees. A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase. A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase. LORD ABBETT EQUITY TRUST 485BPOS false 0001139819 2012-07-31 2012-11-27 2012-12-01 2012-12-01 Lord Abbett Calibrated Large Cap Value 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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. 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>New Fund Risk:</b> The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Investment Strategy Risk:</b> If the Fund&#8217;s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity Risk:</b> Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company&#8217;s financial condition.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Large Company Risk:</b> As compared to smaller successful companies, larger companies may be less able to respond quickly to certain market developments and may have slower rates of growth.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Value Investing Risk:</b> The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company&#8217;s intrinsic worth.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Foreign Company Risk:</b> The Fund&#8217;s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.</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 deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the &#8220;More Information About the Funds &#8211; Principal Risks&#8221; section in the prospectus.</font> </p> As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund. An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. INVESTMENT OBJECTIVE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund&#8217;s investment objective is total return.</font> </p> 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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in &#8220;Sales Charge Reductions and Waivers&#8221; on page 45 of the prospectus and &#8220;Purchases, Redemptions, Pricing, and Payments to Dealers&#8221; on page 8-1 of the statement of additional information (&#8220;SAI&#8221;).</font> </p> 0.0575 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0100 0.0000 0.0000 0.0000 0.0000 0.0060 0.0060 0.0060 0.0060 0.0060 0.0060 0.0025 0.0100 0.0010 0.0000 0.0060 0.0050 0.0056 0.0056 0.0056 0.0056 0.0056 0.0056 0.0141 0.0216 0.0126 0.0116 0.0176 0.0166 -0.0066 -0.0066 -0.0066 -0.0066 -0.0066 -0.0066 0.0075 0.0150 0.0060 0.0050 0.0110 0.0100 ~ http://www.lordabbett.com/20121127/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact cik0001139819_S000035058Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact cik0001139819_S000035058Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 2013-11-30 This amount has been updated from fiscal year amounts to reflect current fees and expenses. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 50000 Shareholder Fees (Fees paid directly from your investment) PRINCIPAL INVESTMENT STRATEGIES <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund invests principally in large, established companies that the Fund&#8217;s portfolio management team believes are undervalued. The Fund&#8217;s portfolio management team uses fundamental research and quantitative analysis to select the Fund&#8217;s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell 1000</font><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.8mm"><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 70%; VERTICAL-ALIGN: top">&#174;</font></font> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund&#8217;s investments primarily include the following types of securities and other financial instruments:</font> </p> <br/><ul> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity securities</b>, including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Large companies</b> having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000</font><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.8mm"><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 70%; VERTICAL-ALIGN: top">&#174;</font></font> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Index. The Fund normally invests at least 80% of its net assets in equity securities of large companies.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Value companies</b> that the Fund&#8217;s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.</font> </p> </li> </ul> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.</font> </p> 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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett &amp; Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (&#8220;CDSC&#8221;) for the one-year period for Class C 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> 647 934 1242 2115 647 934 1242 2115 253 613 1099 2441 153 613 1099 2441 61 334 628 1464 61 334 628 1464 51 303 575 1350 51 303 575 1350 112 490 892 2019 112 490 892 2019 102 459 840 1910 102 459 840 1910 ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleTransposed20003 column dei_LegalEntityAxis compact cik0001139819_S000035058Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleNoRedemptionTransposed20004 column dei_LegalEntityAxis compact cik0001139819_S000035058Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ If Shares Are Redeemed If Shares Are Not Redeemed Portfolio Turnover. <p style="MARGIN: 2.8mm 0px 0px"><font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the period from December&#160;21, 2011 (commencement of operations) to July&#160;31, 2012, the Fund&#8217;s portfolio turnover rate was 62.31% of the average value of its portfolio.</font> </p> 0.6231 PERFORMANCE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.</font> </p> This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. 888-522-2388 www.lordabbett.com Lord Abbett Calibrated Mid Cap Value 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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. 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>New Fund Risk:</b> The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Investment Strategy Risk:</b> If the Fund&#8217;s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity Risk:</b> Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company&#8217;s financial condition.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Mid-Sized Company Risk:</b> The Fund invests primarily in equity securities of mid-sized companies, which typically involve greater investment risks than larger companies. As compared to larger companies, mid-sized companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services, or operate in less established markets. Accordingly, mid-sized company securities tend to be more sensitive to changing economic conditions and tend to be more volatile than equity securities of larger companies.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Value Investing Risk:</b> The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company&#8217;s intrinsic worth.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Foreign Company Risk:</b> The Fund&#8217;s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Real Estate Risk:</b> An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.</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 deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the &#8220;More Information About the Funds &#8211; Principal Risks&#8221; section in the prospectus.</font> </p> As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund. An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. 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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in &#8220;Sales Charge Reductions and Waivers&#8221; on page 45 of the prospectus and &#8220;Purchases, Redemptions, Pricing, and Payments to Dealers&#8221; on page 8-1 of the statement of additional information (&#8220;SAI&#8221;).</font> </p> 0.0575 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0100 0.0000 0.0000 0.0000 0.0000 0.0060 0.0060 0.0060 0.0060 0.0060 0.0060 0.0025 0.0100 0.0010 0.0000 0.0060 0.0050 0.0078 0.0078 0.0078 0.0078 0.0078 0.0078 0.0163 0.0238 0.0148 0.0138 0.0198 0.0188 -0.0078 -0.0078 -0.0078 -0.0078 -0.0078 -0.0078 0.0085 0.0160 0.0070 0.0060 0.0120 0.0110 ~ http://www.lordabbett.com/20121127/role/ScheduleShareholderFees20007 column dei_LegalEntityAxis compact cik0001139819_S000035059Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleAnnualFundOperatingExpenses20008 column dei_LegalEntityAxis compact cik0001139819_S000035059Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 2013-11-30 You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. These amounts have been updated from fiscal year amounts to reflect current fees and expenses. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 50000 Shareholder Fees (Fees paid directly from your investment) INVESTMENT OBJECTIVE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund&#8217;s investment objective is total return.</font> </p> PRINCIPAL INVESTMENT STRATEGIES <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund invests principally in mid-sized companies that the Fund&#8217;s portfolio management team believes are undervalued. The Fund&#8217;s portfolio management team uses fundamental research and quantitative analysis to select the Fund&#8217;s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell Midcap</font><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.8mm"><font style="FONT-FAMILY: serif; FONT-SIZE: 70%; VERTICAL-ALIGN: top">&#174;</font></font> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund&#8217;s investments primarily include the following types of securities and other financial instruments:</font> </p> <br/><ul> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity securities,</b> including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts) (&#8220;REITs&#8221;), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Mid-sized companies</b> having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell Midcap</font><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.8mm"><font style="FONT-FAMILY: serif; FONT-SIZE: 70%; VERTICAL-ALIGN: top">&#174;</font></font> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Index. The Fund normally invests at least 80% of its net assets in equity securities of mid-sized companies.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Value companies</b> that the Fund&#8217;s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.</font> </p> </li> </ul> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.</font> </p> Portfolio Turnover. <p style="MARGIN: 2.8mm 0px 0px"><font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the period from December 21, 2011 (commencement of operations) to July 31, 2012, the Fund&#8217;s portfolio turnover rate was 76.72% of the average value of its portfolio.</font> </p> 0.7672 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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett &amp; Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (&#8220;CDSC&#8221;) for the one-year period for Class C 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> 657 988 1341 2335 657 988 1341 2335 263 668 1200 2657 163 668 1200 2657 72 391 734 1702 72 391 734 1702 61 360 681 1590 61 360 681 1590 122 546 995 2243 122 546 995 2243 112 515 944 2137 112 515 944 2137 ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleTransposed20009 column dei_LegalEntityAxis compact cik0001139819_S000035059Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleNoRedemptionTransposed20010 column dei_LegalEntityAxis compact cik0001139819_S000035059Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ If Shares Are Redeemed If Shares Are Not Redeemed PERFORMANCE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.</font> </p> This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. 888-522-2388 www.lordabbett.com Lord Abbett Small-Cap Blend 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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. 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>Portfolio Management Risk:</b> If the strategies used and securities selected by the Fund&#8217;s portfolio management 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 rising market.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity Risk:</b> Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company&#8217;s financial condition.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Small Company Risk:</b> The Fund invests principally in equity securities of small companies. Small companies typically involve greater investment risks than larger companies. Small capitalization companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services or operate in markets that have not yet been established as compared to larger companies. Accordingly, small company securities tend to be more sensitive to changing economic conditions and tend to be more volatile and less liquid than equity securities of larger companies.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Blend Style Risk:</b> The Fund uses a &#8220;blend&#8221; strategy to invest in both growth and value stocks, or in stocks with characteristics of both. The prices of growth stocks may fall dramatically if, for example, the company fails to meet earnings or revenue projections. The prices of value stocks may lag the market for long periods of time if the market fails to recognize the company&#8217;s worth. By combining both growth and value styles, the manager seeks to diversify these risks and lower the volatility, but there is no assurance this strategy will achieve that result.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Foreign Company Risk:</b> The Fund&#8217;s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Real Estate Risk:</b> An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.</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 deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the &#8220;More Information About the Funds &#8211; Principal Risks&#8221; section in the prospectus.</font> </p> As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund. An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. 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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in &#8220;Sales Charge Reductions and Waivers&#8221; on page 45 of the prospectus and &#8220;Purchases, Redemptions, Pricing, and Payments to Dealers&#8221; on page 8-1 of the statement of additional information (&#8220;SAI&#8221;).</font> </p> 0.0575 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0500 0.0100 0.0000 0.0000 0.0000 0.0000 0.0000 0.0075 0.0075 0.0075 0.0075 0.0075 0.0075 0.0075 0.0075 0.0035 0.0100 0.0100 0.0010 0.0000 0.0045 0.0060 0.0050 0.0026 0.0026 0.0026 0.0026 0.0026 0.0026 0.0026 0.0026 0.0136 0.0201 0.0201 0.0111 0.0101 0.0146 0.0161 0.0151 ~ http://www.lordabbett.com/20121127/role/ScheduleShareholderFees20013 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleAnnualFundOperatingExpenses20014 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 50000 Shareholder Fees (Fees paid directly from your investment) INVESTMENT OBJECTIVE <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund&#8217;s investment objective is to seek long-term growth of capital by investing primarily in stocks of small companies.</font> </p> PRINCIPAL INVESTMENT STRATEGIES <p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">To pursue its objective, the Fund invests principally in small company stocks, including both growth and value stocks. The Fund chooses stocks using both quantitative and fundamental research. The Fund uses quantitative research to identify small companies selling at the lower end of their historic valuation range, companies with positive earnings, and companies with growth prospects that are expected to exceed the growth rate of the U.S. economy. The Fund uses fundamental research to learn about a small company&#8217;s operating environment, financial condition, leadership position within its industry, resources and strategic plans.</font> </p> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Under normal market conditions, the Fund invests at least 80% of its net assets in equity securities of small companies. In selecting investments, the Fund may invest in U.S. and foreign (which may include emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts (&#8220;ADRs&#8221;). The Fund&#8217;s principal investments include the following types of securities and other financial instruments:</font> </p> <br/><ul> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Equity securities</b> usually <b></b>include common stocks, but also may include preferred stocks, convertible securities, and equity interests in trusts (including real estate investment trusts (&#8220;REITs&#8221;)), partnerships, and limited liability companies. The Fund also may invest in securities that are tied to the price of stock, including rights and convertible debt securities.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Small companies</b> having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 2000</font><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 3.8mm"><font style="FONT-FAMILY: sans-serif; FONT-SIZE: 70%; VERTICAL-ALIGN: top">&#174;</font></font> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">Index.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Growth companies</b> that the Fund believes exhibit faster-than-average gains in earnings and have the potential to continue profit growth at a high level.</font> </p> </li> <li> <p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"><b>Value companies</b> that the Fund believes to be undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.</font> </p> </li> </ul> <br/><p style="MARGIN: 2.1mm 0px 0px"> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.</font> </p> Portfolio Turnover. <p style="MARGIN: 2.1mm 0px 0px"><font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm"> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 81.63% of the average value of its portfolio.</font> </p> 0.8163 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 at the maximum sales charge, if any, 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 and for the one-year period for Class C shares. 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> 706 981 1277 2116 706 981 1277 2116 704 930 1283 2170 204 630 1083 2170 304 630 1083 2338 204 630 1083 2338 113 353 612 1352 113 353 612 1352 103 322 558 1236 103 322 558 1236 149 462 797 1746 149 462 797 1746 164 508 876 1911 164 508 876 1911 154 477 824 1802 154 477 824 1802 ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleTransposed20015 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ ~ http://www.lordabbett.com/20121127/role/ScheduleExpenseExampleNoRedemptionTransposed20016 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ If Shares Are Redeemed If Shares Are Not Redeemed 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, before and after taxes, is not necessarily an indication of how the Fund will perform in the future.</font> </p> Bar Chart (per calendar year) - Class A Shares* -0.1503 0.5235 0.2084 0.1291 0.0595 0.0977 -0.3335 0.2364 0.1329 -0.0178 ~ http://www.lordabbett.com/20121127/role/ScheduleAnnualTotalReturnsBarChart20017 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact cik0001139819_C000018421Member 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. This chart does not reflect the sales charge applicable to Class A shares. If the sales charge were reflected, returns would be lower. 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: 0.2604 2003-06-30 Worst Quarter: -0.2592 2008-12-31 The total return for the Fund's Class A shares for the nine-month period from January 1, 2012 to September 30, 2012 was +8.12%. 0.0812 2012-09-30 <table style="WIDTH: 97.24%; MARGIN-LEFT: 0.88%; MARGIN-RIGHT: 0.88%" cellspacing="0"> <tr valign="bottom"> <td style="WIDTH: 51.2%"> <font style="FONT-SIZE: 0.6mm">&#160;</font> <p> </p> </td> <td style="WIDTH: 2.63%"> <p> <font style="FONT-SIZE: 0.6mm"></font>&#160; </p> </td> <td style="WIDTH: 43.06%" 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> 2nd Q &#8217;03 <b>+26.04%</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> 4th Q &#8217;08 <b>-25.92%</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> <td colspan="99"> <p style="FONT-SIZE: 12pt"> </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 total return for the Fund&#8217;s Class A shares for the nine-month period from January 1, 2012 to September 30, 2012 was +8.12%.</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">The table below shows how the Fund&#8217;s average annual total returns compare to the returns of a securities index. The Fund&#8217;s average annual total returns include applicable sales charges.</font> </p> <br/><p> <font style="FONT-FAMILY: serif; FONT-SIZE: 3.8mm">The after-tax returns of Class A shares included in the table below are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. In some cases, the return after taxes on distributions and sale of Fund shares may exceed the return before taxes due to a tax benefit resulting from realized losses on a sale of Fund shares at the end of the period that is used to offset other gains. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax- deferred arrangements such as 401(k) plans or Individual Retirement Accounts (&#8220;IRAs&#8221;). After-tax returns for other share classes are not shown in the table and will vary from those shown for Class A shares.</font> </p> -0.0745 -0.0105 0.0590 -0.0745 -0.0154 0.0519 -0.0484 -0.0099 0.0493 -0.0728 -0.0088 0.0599 -0.0331 -0.0051 0.0586 -0.0150 -0.0244 -0.0134 0.0049 0.0689 -0.0178 0.0004 0.0648 -0.0199 -0.0029 -0.0185 -0.0020 -0.0418 0.0015 0.0562 -0.0055 -0.0418 0.0015 0.0562 0.0346 2007-09-28 2007-09-28 2008-03-31 2008-03-31 2008-03-31 2001-06-26 ~ http://www.lordabbett.com/20121127/role/ScheduleAverageAnnualReturnsTransposed20018 column dei_LegalEntityAxis compact cik0001139819_S000006803Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~ The Fund's average annual total returns include applicable sales charges. The after-tax returns of Class A shares included in the table below are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 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, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. After-tax returns for other share classes are not shown in the table and will vary from those shown for Class A shares. (reflects no deduction for fees, expenses, or taxes) This chart does not reflect the sales charge applicable to Class A shares. If the sales charge were reflected, returns would be lower. In some cases, the return after taxes on distributions and sale of Fund shares may exceed the return before taxes due to a tax benefit resulting from realized losses on a sale of Fund shares at the end of the period that is used to offset other gains. 888-522-2388 www.lordabbett.com The after-tax returns shown are not relevant to investors who hold their Fund shares through tax- deferred arrangements such as 401(k) plans or Individual Retirement Accounts ("IRAs"). 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Lord Abbett Calibrated Mid Cap Value Fund
Lord Abbett Calibrated Mid Cap Value Fund
INVESTMENT OBJECTIVE

The Fund’s investment objective is total return.

FEES AND EXPENSES

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

Shareholder Fees (Fees paid directly from your investment)
Shareholder Fees Lord Abbett Calibrated Mid Cap Value Fund
Class A
Class C
Class F
Class I
Class R2
Class R3
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.75% none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) none [1] 1.00% [2] none none none none
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Lord Abbett Calibrated Mid Cap Value Fund
Class A
Class C
Class F
Class I
Class R2
Class R3
Management Fees 0.60% 0.60% 0.60% 0.60% 0.60% 0.60%
Distribution and Service (12b-1) Fees 0.25% 1.00% 0.10% none 0.60% 0.50%
Other Expenses 0.78% 0.78% 0.78% 0.78% 0.78% 0.78%
Total Annual Fund Operating Expenses 1.63% 2.38% 1.48% [1] 1.38% [1] 1.98% [1] 1.88% [1]
Fee Waiver and/or Expense Reimbursement [1][2] (0.78%) (0.78%) (0.78%) (0.78%) (0.78%) (0.78%)
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement [2] 0.85% 1.60% [1] 0.70% 0.60% 1.20% [1] 1.10% [1]
[1] These amounts have been updated from fiscal year amounts to reflect current fees and expenses.
[2] For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.60%. This agreement may be terminated only by the Fund's Board of Trustees.
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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett & Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year period for Class C 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 Calibrated Mid Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
657 988 1,341 2,335
Class C
263 668 1,200 2,657
Class F
72 391 734 1,702
Class I
61 360 681 1,590
Class R2
122 546 995 2,243
Class R3
112 515 944 2,137
If Shares Are Not Redeemed
Expense Example No Redemption Lord Abbett Calibrated Mid Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
657 988 1,341 2,335
Class C
163 668 1,200 2,657
Class F
72 391 734 1,702
Class I
61 360 681 1,590
Class R2
122 546 995 2,243
Class R3
112 515 944 2,137
Portfolio Turnover.

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the period from December 21, 2011 (commencement of operations) to July 31, 2012, the Fund’s portfolio turnover rate was 76.72% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

The Fund invests principally in mid-sized companies that the Fund’s portfolio management team believes are undervalued. The Fund’s portfolio management team uses fundamental research and quantitative analysis to select the Fund’s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell Midcap® Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund’s investments primarily include the following types of securities and other financial instruments:


  • Equity securities, including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts) (“REITs”), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.

  • Mid-sized companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell Midcap® Index. The Fund normally invests at least 80% of its net assets in equity securities of mid-sized companies.

  • Value companies that the Fund’s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

PRINCIPAL RISKS

As with any investment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • New Fund Risk: The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.

  • Investment Strategy Risk: If the Fund’s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Mid-Sized Company Risk: The Fund invests primarily in equity securities of mid-sized companies, which typically involve greater investment risks than larger companies. As compared to larger companies, mid-sized companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services, or operate in less established markets. Accordingly, mid-sized company securities tend to be more sensitive to changing economic conditions and tend to be more volatile than equity securities of larger companies.

  • Value Investing Risk: The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company’s intrinsic worth.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.

  • Real Estate Risk: An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – Principal Risks” section in the prospectus.

PERFORMANCE

This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.

XML 10 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Lord Abbett Calibrated Large Cap Value Fund
Lord Abbett Calibrated Large Cap Value Fund
INVESTMENT OBJECTIVE

The Fund’s investment objective is total return.

FEES AND EXPENSES

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

Shareholder Fees (Fees paid directly from your investment)
Shareholder Fees Lord Abbett Calibrated Large Cap Value Fund
Class A
Class C
Class F
Class I
Class R2
Class R3
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.75% none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) none [1] 1.00% [2] none none none none
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Lord Abbett Calibrated Large Cap Value Fund
Class A
Class C
Class F
Class I
Class R2
Class R3
Management Fees 0.60% 0.60% 0.60% 0.60% 0.60% 0.60%
Distribution and Service (12b-1) Fees 0.25% 1.00% 0.10% none 0.60% 0.50%
Other Expenses 0.56% 0.56% 0.56% 0.56% 0.56% 0.56%
Total Annual Fund Operating Expenses 1.41% 2.16% 1.26% [1] 1.16% [1] 1.76% [1] 1.66% [1]
Fee Waiver and/or Expense Reimbursement [1][2] (0.66%) (0.66%) (0.66%) (0.66%) (0.66%) (0.66%)
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement [2] 0.75% 1.50% [1] 0.60% 0.50% 1.10% [1] 1.00% [1]
[1] These amounts have been updated from fiscal year amounts to reflect current fees and expenses.
[2] For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.50%. This agreement may be terminated only by the Fund's Board of Trustees.
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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett & Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year period for Class C 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 Calibrated Large Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
647 934 1,242 2,115
Class C
253 613 1,099 2,441
Class F
61 334 628 1,464
Class I
51 303 575 1,350
Class R2
112 490 892 2,019
Class R3
102 459 840 1,910
If Shares Are Not Redeemed
Expense Example No Redemption Lord Abbett Calibrated Large Cap Value Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
647 934 1,242 2,115
Class C
153 613 1,099 2,441
Class F
61 334 628 1,464
Class I
51 303 575 1,350
Class R2
112 490 892 2,019
Class R3
102 459 840 1,910
Portfolio Turnover.

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the period from December 21, 2011 (commencement of operations) to July 31, 2012, the Fund’s portfolio turnover rate was 62.31% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

The Fund invests principally in large, established companies that the Fund’s portfolio management team believes are undervalued. The Fund’s portfolio management team uses fundamental research and quantitative analysis to select the Fund’s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell 1000® Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund’s investments primarily include the following types of securities and other financial instruments:


  • Equity securities, including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.

  • Large companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index. The Fund normally invests at least 80% of its net assets in equity securities of large companies.

  • Value companies that the Fund’s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

PRINCIPAL RISKS

As with any investment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • New Fund Risk: The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.

  • Investment Strategy Risk: If the Fund’s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Large Company Risk: As compared to smaller successful companies, larger companies may be less able to respond quickly to certain market developments and may have slower rates of growth.

  • Value Investing Risk: The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company’s intrinsic worth.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – Principal Risks” section in the prospectus.

PERFORMANCE

This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.

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XML 13 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Lord Abbett Calibrated Large Cap Value Fund
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund’s investment objective is total return.

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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

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)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-11-30
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the period from December 21, 2011 (commencement of operations) to July 31, 2012, the Fund’s portfolio turnover rate was 62.31% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 62.31%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent This amount has been updated from fiscal year amounts to reflect current fees and expenses.
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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett & Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year period for Class C 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 invests principally in large, established companies that the Fund’s portfolio management team believes are undervalued. The Fund’s portfolio management team uses fundamental research and quantitative analysis to select the Fund’s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell 1000® Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund’s investments primarily include the following types of securities and other financial instruments:


  • Equity securities, including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.

  • Large companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000® Index. The Fund normally invests at least 80% of its net assets in equity securities of large companies.

  • Value companies that the Fund’s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • New Fund Risk: The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.

  • Investment Strategy Risk: If the Fund’s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Large Company Risk: As compared to smaller successful companies, larger companies may be less able to respond quickly to certain market developments and may have slower rates of growth.

  • Value Investing Risk: The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company’s intrinsic worth.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – Principal Risks” section in the prospectus.

Risk Lose Money [Text] rr_RiskLoseMoney As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of any bank 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

This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 888-522-2388
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.lordabbett.com
Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.41%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.75% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 647
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 934
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,242
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,115
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 647
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 934
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,242
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,115
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 1.00% [4]
Management Fees rr_ManagementFeesOverAssets 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.16%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.50% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 253
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 613
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,099
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,441
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 153
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 613
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,099
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,441
Class F
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.26% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.60% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 61
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 334
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 628
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,464
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 61
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 334
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 628
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,464
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.16% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.50% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 303
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 575
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,350
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 51
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 303
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 575
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,350
Class R2
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.60%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.76% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.10% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 112
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 490
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 892
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,019
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 112
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 490
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 892
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,019
Class R3
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.56%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.66% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.66%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.00% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 102
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 459
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 840
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,910
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 102
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 459
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 840
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,910
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] These amounts have been updated from fiscal year amounts to reflect current fees and expenses.
[3] For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.50%. This agreement may be terminated only by the Fund's Board of Trustees.
[4] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Document and Entity Information
0 Months Ended
Jul. 31, 2012
Risk/Return:  
Document Type 485BPOS
Document Period End Date Jul. 31, 2012
Registrant Name LORD ABBETT EQUITY TRUST
Central Index Key 0001139819
Amendment Flag false
Document Creation Date Nov. 27, 2012
Document Effective Date Dec. 01, 2012
Prospectus Date Dec. 01, 2012
XML 15 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Lord Abbett Calibrated Mid Cap Value Fund
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund’s investment objective is total return.

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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

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)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-11-30
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the period from December 21, 2011 (commencement of operations) to July 31, 2012, the Fund’s portfolio turnover rate was 76.72% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 76.72%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent These amounts have been updated from fiscal year amounts to reflect current fees and expenses.
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 at the maximum sales charge, if any, 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 (except that the example takes into account the contractual fee waiver and expense limitation agreement between the Fund and Lord, Abbett & Co. LLC for the term of the agreement). The example assumes a deduction of the applicable contingent deferred sales charge (“CDSC”) for the one-year period for Class C 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 invests principally in mid-sized companies that the Fund’s portfolio management team believes are undervalued. The Fund’s portfolio management team uses fundamental research and quantitative analysis to select the Fund’s investments, while seeking to maintain an investment portfolio with overall industry and sector weightings generally similar to those of the Russell Midcap® Value Index. The Fund may invest in U.S. and foreign (including emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges and may be denominated in the U.S. dollar or other currencies. Under normal market conditions, the Fund’s investments primarily include the following types of securities and other financial instruments:


  • Equity securities, including common stocks, preferred stocks, and equity interests in trusts (including real estate investment trusts) (“REITs”), partnerships, joint ventures, and limited liability companies. The Fund considers equity securities to include rights offerings and investments that convert into the equity securities described above.

  • Mid-sized companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell Midcap® Index. The Fund normally invests at least 80% of its net assets in equity securities of mid-sized companies.

  • Value companies that the Fund’s portfolio management team believes to be underpriced or undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • New Fund Risk: The Fund only recently commenced operations. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy.

  • Investment Strategy Risk: If the Fund’s fundamental research and quantitative analysis fail to produce the intended result, the Fund may suffer losses or underperform its benchmark or other funds with the same investment objective or strategies, even in a rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Mid-Sized Company Risk: The Fund invests primarily in equity securities of mid-sized companies, which typically involve greater investment risks than larger companies. As compared to larger companies, mid-sized companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services, or operate in less established markets. Accordingly, mid-sized company securities tend to be more sensitive to changing economic conditions and tend to be more volatile than equity securities of larger companies.

  • Value Investing Risk: The prices of value stocks may lag the stock market for long periods of time if the market fails to recognize the company’s intrinsic worth.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.

  • Real Estate Risk: An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – Principal Risks” section in the prospectus.

Risk Lose Money [Text] rr_RiskLoseMoney As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of any bank 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

This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus. Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year. Performance information for the Fund is available at www.lordabbett.com or by calling 888-522-2388.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns Performance for the Fund, which provides some indication of the risks of investing in the Fund, will vary from year to year.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess This prospectus does not show performance information for the Fund because the Fund has not completed one full calendar year of investment operations as of the date of this prospectus.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 888-522-2388
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.lordabbett.com
Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.63%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.85% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 657
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 988
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,341
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,335
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 657
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 988
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,341
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,335
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 1.00% [4]
Management Fees rr_ManagementFeesOverAssets 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.38%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.60% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 263
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 668
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,200
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,657
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 163
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 668
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,200
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,657
Class F
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.48% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.70% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 72
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 391
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 734
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,702
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 72
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 391
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 734
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,702
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.38% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.60% [3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 61
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 360
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 681
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,590
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 61
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 360
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 681
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,590
Class R2
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.60%
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.98% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.20% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 122
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 546
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 995
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,243
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 122
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 546
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 995
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,243
Class R3
 
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 0.60%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.78%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.88% [2]
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.78%) [2],[3]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.10% [2],[3]
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 112
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 515
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 944
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,137
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 112
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 515
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 944
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,137
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] These amounts have been updated from fiscal year amounts to reflect current fees and expenses.
[3] For the period December 15, 2011 through November 30, 2013, Lord, Abbett & Co. LLC has contractually agreed to waive its fees and reimburse expenses to the extent necessary to limit total net annual operating expenses for each class, excluding 12b-1 fees, to an annual rate of 0.60%. This agreement may be terminated only by the Fund's Board of Trustees.
[4] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
XML 16 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Lord Abbett Small-Cap Blend Fund
Lord Abbett Small-Cap Blend Fund
INVESTMENT OBJECTIVE

The Fund’s investment objective is to seek long-term growth of capital by investing primarily in stocks of small companies.

FEES AND EXPENSES

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

Shareholder Fees (Fees paid directly from your investment)
Shareholder Fees Lord Abbett Small-Cap Blend Fund
Class A
Class B
Class C
Class F
Class I
Class P
Class R2
Class R3
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) 5.75% none none none 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% 1.00% [2] none none none none none
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Lord Abbett Small-Cap Blend Fund
Class A
Class B
Class C
Class F
Class I
Class P
Class R2
Class R3
Management Fees 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and Service (12b-1) Fees 0.35% 1.00% 1.00% 0.10% none 0.45% 0.60% 0.50%
Other Expenses 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26%
Total Annual Fund Operating Expenses 1.36% 2.01% 2.01% 1.11% 1.01% 1.46% 1.61% 1.51%
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 at the maximum sales charge, if any, 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 and for the one-year period for Class C shares. 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 Small-Cap Blend Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
706 981 1,277 2,116
Class B
704 930 1,283 2,170
Class C
304 630 1,083 2,338
Class F
113 353 612 1,352
Class I
103 322 558 1,236
Class P
149 462 797 1,746
Class R2
164 508 876 1,911
Class R3
154 477 824 1,802
If Shares Are Not Redeemed
Expense Example No Redemption Lord Abbett Small-Cap Blend Fund (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
706 981 1,277 2,116
Class B
204 630 1,083 2,170
Class C
204 630 1,083 2,338
Class F
113 353 612 1,352
Class I
103 322 558 1,236
Class P
149 462 797 1,746
Class R2
164 508 876 1,911
Class R3
154 477 824 1,802
Portfolio Turnover.

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 81.63% of the average value of its portfolio.

PRINCIPAL INVESTMENT STRATEGIES

To pursue its objective, the Fund invests principally in small company stocks, including both growth and value stocks. The Fund chooses stocks using both quantitative and fundamental research. The Fund uses quantitative research to identify small companies selling at the lower end of their historic valuation range, companies with positive earnings, and companies with growth prospects that are expected to exceed the growth rate of the U.S. economy. The Fund uses fundamental research to learn about a small company’s operating environment, financial condition, leadership position within its industry, resources and strategic plans.


Under normal market conditions, the Fund invests at least 80% of its net assets in equity securities of small companies. In selecting investments, the Fund may invest in U.S. and foreign (which may include emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts (“ADRs”). The Fund’s principal investments include the following types of securities and other financial instruments:


  • Equity securities usually include common stocks, but also may include preferred stocks, convertible securities, and equity interests in trusts (including real estate investment trusts (“REITs”)), partnerships, and limited liability companies. The Fund also may invest in securities that are tied to the price of stock, including rights and convertible debt securities.

  • Small companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 2000® Index.

  • Growth companies that the Fund believes exhibit faster-than-average gains in earnings and have the potential to continue profit growth at a high level.

  • Value companies that the Fund believes to be undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

PRINCIPAL RISKS

As with any investment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • Portfolio Management Risk: If the strategies used and securities selected by the Fund’s portfolio management 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 rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Small Company Risk: The Fund invests principally in equity securities of small companies. Small companies typically involve greater investment risks than larger companies. Small capitalization companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services or operate in markets that have not yet been established as compared to larger companies. Accordingly, small company securities tend to be more sensitive to changing economic conditions and tend to be more volatile and less liquid than equity securities of larger companies.

  • Blend Style Risk: The Fund uses a “blend” strategy to invest in both growth and value stocks, or in stocks with characteristics of both. The prices of growth stocks may fall dramatically if, for example, the company fails to meet earnings or revenue projections. The prices of value stocks may lag the market for long periods of time if the market fails to recognize the company’s worth. By combining both growth and value styles, the manager seeks to diversify these risks and lower the volatility, but there is no assurance this strategy will achieve that result.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.

  • Real Estate Risk: An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – 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, before and after taxes, 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. This chart does not reflect the sales charge applicable to Class A shares. If the sales charge were reflected, returns would be lower. 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 total return for the Fund’s Class A shares for the nine-month period from January 1, 2012 to September 30, 2012 was +8.12%.

 

 

 

Best Quarter 2nd Q ’03 +26.04%

 

Worst Quarter 4th Q ’08 -25.92%

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

The table below shows how the Fund’s average annual total returns compare to the returns of a securities index. The Fund’s average annual total returns include applicable sales charges.


The after-tax returns of Class A shares included in the table below are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. In some cases, the return after taxes on distributions and sale of Fund shares may exceed the return before taxes due to a tax benefit resulting from realized losses on a sale of Fund shares at the end of the period that is used to offset other gains. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax- deferred arrangements such as 401(k) plans or Individual Retirement Accounts (“IRAs”). After-tax returns for other share classes are not shown in the table and will vary from those shown for Class A shares.

Average Annual Returns Lord Abbett Small-Cap Blend Fund
1 Year
5 Years
10 Years
Life of Class
Inception Date for Performance
Class A
(7.45%) (1.05%) 5.90%   Jun. 26, 2001
Class A After Taxes on Distributions
(7.45%) (1.54%) 5.19%    
Class A After Taxes on Distributions and Sale of Fund Shares
(4.84%) (0.99%) 4.93%    
Class B
(7.28%) (0.88%) 5.99%    
Class C
(3.31%) (0.51%) 5.86%    
Class F
(1.50%)     (2.44%) Sep. 28, 2007
Class I
(1.34%) 0.49% 6.89%    
Class P
(1.78%) 0.04% 6.48%    
Class R2
(1.99%)     (0.29%) Mar. 31, 2008
Class R3
(1.85%)     (0.20%) Mar. 31, 2008
Russell 2000® Index 9/28/2007 (reflects no deduction for fees, expenses, or taxes)
(4.18%) 0.15% 5.62% (0.55%) Sep. 28, 2007
Russell 2000® Index 3/31/2008 (reflects no deduction for fees, expenses, or taxes)
(4.18%) 0.15% 5.62% 3.46% Mar. 31, 2008
XML 17 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Lord Abbett Small-Cap Blend Fund
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The Fund’s investment objective is to seek long-term growth of capital by investing primarily in stocks of small companies.

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. You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds. More information about these and other discounts is available from your financial professional and in “Sales Charge Reductions and Waivers” on page 45 of the prospectus and “Purchases, Redemptions, Pricing, and Payments to Dealers” on page 8-1 of the statement of additional information (“SAI”).

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)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 81.63% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 81.63%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and certain members of your family invest, or agree to invest in the future, at least $50,000 in the Lord Abbett Family of Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
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 at the maximum sales charge, if any, 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 and for the one-year period for Class C shares. 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

To pursue its objective, the Fund invests principally in small company stocks, including both growth and value stocks. The Fund chooses stocks using both quantitative and fundamental research. The Fund uses quantitative research to identify small companies selling at the lower end of their historic valuation range, companies with positive earnings, and companies with growth prospects that are expected to exceed the growth rate of the U.S. economy. The Fund uses fundamental research to learn about a small company’s operating environment, financial condition, leadership position within its industry, resources and strategic plans.


Under normal market conditions, the Fund invests at least 80% of its net assets in equity securities of small companies. In selecting investments, the Fund may invest in U.S. and foreign (which may include emerging market) companies. Foreign companies may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts (“ADRs”). The Fund’s principal investments include the following types of securities and other financial instruments:


  • Equity securities usually include common stocks, but also may include preferred stocks, convertible securities, and equity interests in trusts (including real estate investment trusts (“REITs”)), partnerships, and limited liability companies. The Fund also may invest in securities that are tied to the price of stock, including rights and convertible debt securities.

  • Small companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 2000® Index.

  • Growth companies that the Fund believes exhibit faster-than-average gains in earnings and have the potential to continue profit growth at a high level.

  • Value companies that the Fund believes to be undervalued according to certain financial measurements of intrinsic worth or business prospects and have the potential for capital appreciation.


The Fund generally will sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, or has reached its valuation target, among other reasons. The Fund seeks to remain fully invested in accordance with its investment objective; however, in response to adverse economic, market or other unfavorable conditions, the Fund may invest its assets in a temporary defensive manner.

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, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means that you may lose a portion or all of the money you invested in the Fund. The principal risks of investing in the Fund, which could adversely affect its performance, include:


  • Portfolio Management Risk: If the strategies used and securities selected by the Fund’s portfolio management 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 rising market.

  • Equity Risk: Common stocks and other equity securities, as well as equity-like securities such as convertible bonds, may experience significant volatility. Such securities may fall sharply in response to adverse events affecting overall markets, a particular industry or sector, or an individual company’s financial condition.

  • Small Company Risk: The Fund invests principally in equity securities of small companies. Small companies typically involve greater investment risks than larger companies. Small capitalization companies may have limited management experience or depth, limited ability to generate or borrow capital needed for growth, and limited products or services or operate in markets that have not yet been established as compared to larger companies. Accordingly, small company securities tend to be more sensitive to changing economic conditions and tend to be more volatile and less liquid than equity securities of larger companies.

  • Blend Style Risk: The Fund uses a “blend” strategy to invest in both growth and value stocks, or in stocks with characteristics of both. The prices of growth stocks may fall dramatically if, for example, the company fails to meet earnings or revenue projections. The prices of value stocks may lag the market for long periods of time if the market fails to recognize the company’s worth. By combining both growth and value styles, the manager seeks to diversify these risks and lower the volatility, but there is no assurance this strategy will achieve that result.

  • Foreign Company Risk: The Fund’s investments in foreign (including emerging market) companies and in U.S. companies with economic ties to foreign markets generally involve special risks that can increase the likelihood that the Fund will lose money. For example, as compared with companies organized and operated in the U.S., these companies may be more vulnerable to economic, political, and social instability and subject to less government supervision, inadequate regulatory and accounting standards, and foreign taxes. In addition, the securities of foreign companies also may be subject to inadequate exchange control regulations, higher transaction and other costs, reduced liquidity, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Emerging market securities generally are more volatile than other foreign securities, and are subject to greater liquidity, regulatory, and political risks.

  • Real Estate Risk: An investment in a REIT generally is subject to the risks that impact the value of the underlying properties or mortgages of the REIT. These risks include loss to casualty or condemnation, and changes in supply and demand, interest rates, zoning laws, regulatory limitations on rents, property taxes, and operating expenses. Other factors that may adversely affect REITs include poor performance by management of the REIT, changes to the tax laws, or failure by the REIT to qualify for tax-free distribution of income.


An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. For more information on the principal risks of the Fund, please see the “More Information About the Funds – Principal Risks” section in the prospectus.

Risk Lose Money [Text] rr_RiskLoseMoney As with any invesment in a mutual fund, investing in the Fund involves risk, including the risk that you may receive little or no return on your investment. When you redeem your shares, they may be worth more or less than what you paid for them, which means you may lose a portion or all of the money you invested in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of any bank 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, before and after taxes, 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, before and after taxes, 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. This chart does not reflect the sales charge applicable to Class A shares. If the sales charge were reflected, returns would be lower. 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 Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads This chart does not reflect the sales charge applicable to Class A shares. If the sales charge were reflected, returns would be lower.
Bar Chart Footnotes [Text Block] rr_BarChartFootnotesTextBlock

 

*

 

 

 

The total return for the Fund’s Class A shares for the nine-month period from January 1, 2012 to September 30, 2012 was +8.12%.

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
 

 

 

Best Quarter 2nd Q ’03 +26.04%

 

Worst Quarter 4th Q ’08 -25.92%

Year to Date Return, Label rr_YearToDateReturnLabel The total return for the Fund's Class A shares for the nine-month period from January 1, 2012 to September 30, 2012 was +8.12%.
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 8.12%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 26.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (25.92%)
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 include applicable sales charges.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes (reflects no deduction for fees, expenses, or taxes)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate The after-tax returns of Class A shares included in the table below are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant to investors who hold their Fund shares through tax- deferred arrangements such as 401(k) plans or Individual Retirement Accounts ("IRAs").
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns for other share classes are not shown in the table and will vary from those shown for Class A shares.
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher In some cases, the return after taxes on distributions and sale of Fund shares may exceed the return before taxes due to a tax benefit resulting from realized losses on a sale of Fund shares at the end of the period that is used to offset other gains.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The table below shows how the Fund’s average annual total returns compare to the returns of a securities index. The Fund’s average annual total returns include applicable sales charges.


The after-tax returns of Class A shares included in the table below are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. In some cases, the return after taxes on distributions and sale of Fund shares may exceed the return before taxes due to a tax benefit resulting from realized losses on a sale of Fund shares at the end of the period that is used to offset other gains. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their Fund shares through tax- deferred arrangements such as 401(k) plans or Individual Retirement Accounts (“IRAs”). After-tax returns for other share classes are not shown in the table and will vary from those shown for Class A shares.

Russell 2000® Index 9/28/2007 (reflects no deduction for fees, expenses, or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.18%)
5 Years rr_AverageAnnualReturnYear05 0.15%
10 Years rr_AverageAnnualReturnYear10 5.62%
Life of Class rr_AverageAnnualReturnSinceInception (0.55%)
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Sep. 28, 2007
Russell 2000® Index 3/31/2008 (reflects no deduction for fees, expenses, or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.18%)
5 Years rr_AverageAnnualReturnYear05 0.15%
10 Years rr_AverageAnnualReturnYear10 5.62%
Life of Class rr_AverageAnnualReturnSinceInception 3.46%
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Mar. 31, 2008
Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [1]
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 706
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 981
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,277
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,116
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 706
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 981
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,277
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,116
Annual Return 2002 rr_AnnualReturn2002 (15.03%)
Annual Return 2003 rr_AnnualReturn2003 52.35%
Annual Return 2004 rr_AnnualReturn2004 20.84%
Annual Return 2005 rr_AnnualReturn2005 12.91%
Annual Return 2006 rr_AnnualReturn2006 5.95%
Annual Return 2007 rr_AnnualReturn2007 9.77%
Annual Return 2008 rr_AnnualReturn2008 (33.35%)
Annual Return 2009 rr_AnnualReturn2009 23.64%
Annual Return 2010 rr_AnnualReturn2010 13.29%
Annual Return 2011 rr_AnnualReturn2011 (1.78%)
1 Year rr_AverageAnnualReturnYear01 (7.45%)
5 Years rr_AverageAnnualReturnYear05 (1.05%)
10 Years rr_AverageAnnualReturnYear10 5.90%
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Jun. 26, 2001
Class A | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (7.45%)
5 Years rr_AverageAnnualReturnYear05 (1.54%)
10 Years rr_AverageAnnualReturnYear10 5.19%
Class A | After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.84%)
5 Years rr_AverageAnnualReturnYear05 (0.99%)
10 Years rr_AverageAnnualReturnYear10 4.93%
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.01%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 704
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 930
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,283
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,170
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 204
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 630
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,083
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,170
1 Year rr_AverageAnnualReturnYear01 (7.28%)
5 Years rr_AverageAnnualReturnYear05 (0.88%)
10 Years rr_AverageAnnualReturnYear10 5.99%
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 1.00% [2]
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.01%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 304
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 630
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,083
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,338
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 204
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 630
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,083
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,338
1 Year rr_AverageAnnualReturnYear01 (3.31%)
5 Years rr_AverageAnnualReturnYear05 (0.51%)
10 Years rr_AverageAnnualReturnYear10 5.86%
Class F
 
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 113
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 353
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 612
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,352
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 113
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 353
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 612
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,352
1 Year rr_AverageAnnualReturnYear01 (1.50%)
Life of Class rr_AverageAnnualReturnSinceInception (2.44%)
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Sep. 28, 2007
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.01%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 103
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 322
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 558
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,236
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 103
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 322
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 558
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,236
1 Year rr_AverageAnnualReturnYear01 (1.34%)
5 Years rr_AverageAnnualReturnYear05 0.49%
10 Years rr_AverageAnnualReturnYear10 6.89%
Class P
 
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.45%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 149
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 462
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 797
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,746
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 149
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 462
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 797
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,746
1 Year rr_AverageAnnualReturnYear01 (1.78%)
5 Years rr_AverageAnnualReturnYear05 0.04%
10 Years rr_AverageAnnualReturnYear10 6.48%
Class R2
 
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.60%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.61%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 164
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 508
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 876
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,911
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 164
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 508
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 876
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,911
1 Year rr_AverageAnnualReturnYear01 (1.99%)
Life of Class rr_AverageAnnualReturnSinceInception (0.29%)
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Mar. 31, 2008
Class R3
 
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 0.75%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.26%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.51%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 154
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 477
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 824
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,802
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 154
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 477
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 824
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,802
1 Year rr_AverageAnnualReturnYear01 (1.85%)
Life of Class rr_AverageAnnualReturnSinceInception (0.20%)
Inception Date for Performance rr_AverageAnnualReturnInceptionDate Mar. 31, 2008
[1] A contingent deferred sales charge ("CDSC") of 1.00% may be assessed on certain Class A shares purchased or acquired without a sales charge if they are redeemed before the first day of the month of the one-year anniversary of the purchase.
[2] A CDSC of 1.00% may be assessed on Class C shares if they are redeemed before the first anniversary of their purchase.
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