LICPX Fees and Costs — Lord Abbett International Equity Fund, Class P
Data updated: 2026-09-25
The net expense ratio is 1.14%: a 0.45% management fee, a 0.45% 12b-1 fee plus 0.24% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.0M in broker commissions, 0.2569% of average net assets, and portfolio turnover was 102%.
LICPX Fees and Expenses
Annual operating expenses and sales charges of LICPX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.45% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| 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 |
LICPX Costs Over Time
On $10,000 invested in LICPX, assuming 5% a year before costs, total costs come to $867 over 5 years, cutting the return by 1.47% 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 1.14%) | $120 | $372 | $642 |
| Trading costs (broker commissions) | $27 | $84 | $145 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $478 | $867 |
| Value after costs | $10,353 | $11,098 | $11,896 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
LICPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2569%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 102%
- Securities on loan, average value: $853K
- Net income from securities lending: $6K (0.001% of average net assets)
LICPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $115K | 16.23% |
| UBS Securities LLC | $101K | 14.25% |
| BNY Capital Markets, LLC | $79K | 11.18% |
| CLSA Americas, LLC | $74K | 10.46% |
| Jefferies LLC | $70K | 9.92% |
| J.P. Morgan Securities LLC | $68K | 9.59% |
| HSBC Securities (USA) Inc. | $60K | 8.40% |
| Daiwa Capital Markets America Inc. | $50K | 7.08% |
| Morgan Stanley & Co. LLC | $46K | 6.53% |
| BNP Paribas Securities Corp. | $45K | 6.35% |
LICPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.4B | 99.95% |
| Jefferies LLC | $598K | 0.02% |
| TD Securities (USA) LLC | $505K | 0.02% |
| CACEIS Bank Deutschland GmbH | $151K | 0.01% |
Lord Abbett International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LICOX | Class F3 | 0.62% | none |
| LICVX | Class R6 | 0.62% | none |
| LICTX | Class R5 | 0.69% | none |
| LICYX | Class I | 0.69% | none |
| LICFX | Class F | 0.79% | none |
| LICAX | Class A | 0.94% | 5.75% |
| LICSX | Class R4 | 0.94% | none |
| LICPX | Class P | 1.14% | none |
| LICRX | Class R3 | 1.19% | none |
| LICQX | Class R2 | 1.29% | none |
| LICCX | Class C | 1.69% | 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.