Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. (LACXX)
| Fund Assets | 1.00M |
| Expense Ratio | 0.28% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.05 |
| Dividend Yield | 4.56% |
| Dividend Growth | -8.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 1.000 |
| YTD Return | 0.66% |
| 1-Year Return | 2.24% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Jun 27, 1979 |
About LACXX
LACXX was founded on 1979-06-27. The Fund's investment strategy focuses on US Govt Money Mkt with 0.07% total expense ratio. The minimum amount to invest in Lord Abbett US Government & Government Sponsored Enterprises Money Market Fund, Inc; Class A Shares is $1,000 on a standard taxable account. Lord Abbett US Government & Government Sponsored Enterprises Money Market Fund, Inc; Class A Shares seeks high current income and preservation of capital through investment in high quality, short-term, liquid securities. These securities are commonly known as money market instruments. LACXX attempts to manage its portfolio to maintain a stable share price of $1.00.
Performance
LACXX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.68%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LCCXX | Class C | 0.28% |
| LAYXX | Class I | 0.28% |
Top 10 Holdings
100.49% of assets| Name | Symbol | Weight |
|---|---|---|
| JP Morgan Chase & Co. 5.340000% | n/a | 17.73% |
| U.S. Treasury Bill - United States Treasury Bill | n/a | 14.44% |
| U.S. Treasury Bill - United States Treasury Bill | n/a | 14.30% |
| Federal Home Loan Banks | n/a | 11.96% |
| U.S. Treasury Bill - United States Treasury Bill | n/a | 11.46% |
| Federal Home Loan Banks | n/a | 9.51% |
| U.S. Treasury Bill - United States Treasury Bill | n/a | 9.51% |
| U.S. Treasury Bill - United States Treasury Bill | n/a | 8.63% |
| Fixed Income Clearing Corp. 2.800000% | n/a | 2.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.00332 | Apr 30, 2025 |
| Mar 31, 2025 | $0.00342 | Mar 31, 2025 |
| Feb 28, 2025 | $0.00311 | Feb 28, 2025 |
| Jan 31, 2025 | $0.00348 | Jan 31, 2025 |
| Dec 31, 2024 | $0.00362 | Dec 31, 2024 |
| Nov 29, 2024 | $0.00367 | Nov 29, 2024 |