LACXX Fees and Costs — Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc., Class A
Data updated: 2026-09-09
The net expense ratio is 0.27%: a 0.15% management fee plus 0.12% other expenses. There are no sales loads or redemption fees.
LACXX Fees and Expenses
Annual operating expenses and sales charges of LACXX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LACXX Costs Over Time
On $10,000 invested in LACXX, assuming 5% a year before costs, total costs come to $171 over 5 years, cutting the return by 0.28% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $28 | $94 | $171 |
| Value after costs | $10,472 | $11,483 | $12,591 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
LACXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $88.0B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
LACXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $38.7B | 44.62% |
| RBC Capital Markets, LLC | $20.0B | 23.00% |
| J.P. Morgan Securities LLC | $18.7B | 21.55% |
| State Street Bank and Trust Company | $3.9B | 4.47% |
| TD Securities (USA) LLC | $2.5B | 2.86% |
| Nomura Securities International, Inc. | $871.5M | 1.00% |
| BMO Capital Markets Corp. | $713.8M | 0.82% |
| Morgan Stanley & Co. LLC | $644.7M | 0.74% |
| Citadel Securities LLC | $472.8M | 0.54% |
| Deutsche Bank Securities Inc. | $331.9M | 0.38% |
Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LACXX | Class A | 0.27% | none |
| LAYXX | Class I | 0.27% | none |
| LCCXX | Class C | 0.27% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.