Image alt tag

Page not optimized for mobile browsing

DST vision is best viewed on desktop and tablet

The Muni-Ladder Interest Rate Scenario Tool is only available on desktop and tablet.

PROCEED GO TO LORDABBETT.COM

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Check Out Go Literature Center

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Bond Debenture Fund

Daily price w/o sales charge as of 03/22/2019

$7.84

arrowDown$0.01

YTD Returns w/o sales charge as of 03/22/2019

6.34%

Overall Morningstar Ratings

Multisector Bond
as of 02/28/2019

Morningstar rated the Lord Abbett Bond Debenture Fund class F share 5, 5 and 5 stars among 290, 222 and 130 Multisector Bond Funds for the overall rating and the 3, 5 and 10 year periods ended 2/28/2019, respectively.

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the Bond Debenture Fund?

The Fund seeks to deliver high current income and long-term growth of capital by investing primarily in a variety of fixed income securities and select equity-related securities.

A PIONEER IN MULTI-SECTOR

Over four decades of multi-sector bond investing, emphasizing rigorous credit research.

A FLEXIBLE APPROACH

The flexibility to adjust allocations to take advantage of opportunities as market conditions change.

TIME-TESTED RESULTS

A long track record illustrates performance in many market environments.

Yield

Dividend Yield 1 as of 03/22/2019  

w/o sales charge 4.57%

30-Day Standardized Yield 2 as of 02/28/2019  

4.47%

Fund Basicsas of 02/28/2019

Total Net Assets
$12.86 B
Inception Date
09/28/2007
Dividend Frequency
Monthly
Fund Expense Ratio
0.69%
Number of Holdings
767
CUSIP
544004609

Fund Expense Ratio :

0.69%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.24% 1.61% 8.35% 4.46% 9.54% 6.25%
Lipper Category Avg. Multi-Sector Income Funds 3.09% 1.97% 5.04% 2.87% 6.85% -
Bloomberg Barclays U.S. Aggregate Bond Index 1.00% 3.17% 1.69% 2.32% 3.71% 3.86%

Fund Expense Ratio :

0.69%

Fund Expense Ratio :

0.69%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge -3.83% -3.83% 5.74% 4.00% 9.10% 5.86%
Lipper Category Avg. Multi-Sector Income Funds -1.60% -1.61% 3.75% 2.56% 6.36% -
Bloomberg Barclays U.S. Aggregate Bond Index 0.01% 0.01% 2.06% 2.52% 3.48% 3.82%

Fund Expense Ratio :

0.69%

Returns with sales charges reflect a maximum sales charge of 2.25%.

RELATED CONTENT

Bonds: Going Beyond Core
June 25, 2018

As rates rise, a multi-sector bond portfolio offers the potential of a more favorable risk–reward trade-off than a core-bond strategy.

The Lord Abbett Bond Debenture Fund
June 1, 2018

Here’s how a flexible, multi-sector approach to fixed income has generated consistent long-term returns.

Bond Strategies for a Period of Rising Rates
May 7, 2018

Not all bonds have reacted the same during previous periods of rising rates.

Type Assets
U.S. High Yield Corporate
U.S. Investment Grade Corporate
Sovereign
MBS
Equity
Non-U.S. High Yield Corporate
Non-U.S. Investment Grade Corporate
Bank Loans
Municipals
CMBS
ABS
U.S. Government Related
Convertibles
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Maturity Assets
Less than 1 year
1-2.99 years
3-4.99 years
5-6.99 years
7-9.99 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 02/28/2019 View Portfolio

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Investment Team

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Director of Taxable Fixed Income

18 Years of Industry Experience

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

21 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

25 Years of Industry Experience

Robert Clark
Robert S. Clark, CFA

Portfolio Manager

22 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Managing Director & Portfolio Manager

11 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Chief Investment Officer

28 Years of Industry Experience

Supported By 64 Investment Professionals with 14 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Dividend Yield 1 as of 03/22/2019  

w/o sales charge 4.57%

30-Day Standardized Yield 2 as of 02/28/2019  

  Subsidized3 Un-Subsidized4
w/o sales charge 4.47% 4.47%

Fund Expense Ratio :

0.69%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.24% 1.61% 8.35% 4.46% 9.54% 6.25%
Lipper Category Avg. Multi-Sector Income Funds 3.09% 1.97% 5.04% 2.87% 6.85% -
Bloomberg Barclays U.S. Aggregate Bond Index 1.00% 3.17% 1.69% 2.32% 3.71% 3.86%

Fund Expense Ratio :

0.69%

Fund Expense Ratio :

0.69%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge -3.83% -3.83% 5.74% 4.00% 9.10% 5.86%
Lipper Category Avg. Multi-Sector Income Funds -1.60% -1.61% 3.75% 2.56% 6.36% -
Bloomberg Barclays U.S. Aggregate Bond Index 0.01% 0.01% 2.06% 2.52% 3.48% 3.82%

Fund Expense Ratio :

0.69%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Year Fund Returns Bloomberg Barclays U.S. Aggregate Bond Index
2018 -3.83% 0.01%
2017 9.32% 3.54%
2016 12.46% 2.65%
2015 -1.53% 0.55%
2014 4.53% 5.97%
2013 8.05% -2.02%
2012 13.50% 4.22%
2011 4.12% 7.84%
2010 13.24% 6.54%
2009 35.81% 5.93%
2008 -20.17% -
2007 5.28% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2019 - - - - 6.37%
2018 -0.99% -0.13% 2.27% -4.90% -3.83%
2017 2.69% 2.12% 2.44% 1.77% 9.32%
2016 1.66% 4.34% 4.78% 1.19% 12.46%
2015 3.56% -0.41% -3.60% -0.96% -1.53%
2014 2.89% 2.57% -1.52% 0.57% 4.53%
2013 3.17% -1.42% 2.76% 3.39% 8.05%
2012 5.73% 0.30% 4.39% 2.53% 13.50%
2011 4.27% 0.92% -6.51% 5.84% 4.12%
2010 3.76% -1.14% 6.69% 3.47% 13.24%
2009 2.65% 12.85% 11.44% 5.20% 35.81%
2008 -2.73% 1.49% -7.87% -12.24% -20.17%
2007 2.59% 1.29% 1.77% -0.44% 5.28%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
U.S. High Yield Corporate
U.S. Investment Grade Corporate
Sovereign
MBS
Equity
Non-U.S. High Yield Corporate
Non-U.S. Investment Grade Corporate
Bank Loans
Municipals
CMBS
ABS
U.S. Government Related
Convertibles
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Rating Assets
Less than 1 year
1-2.99 years
3-4.99 years
5-6.99 years
7-9.99 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 02/28/2019

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 12/31/2018

  • Risk assets came under pressure over the fourth quarter amid fears of slowing global growth and potential U.S. Federal Reserve (Fed) policy mistakes, as well as sharp equity and oil price declines. High yield bonds underperformed investment grade issues, as represented by the Bloomberg Barclays U.S. Aggregate Bond Index.
  • We increased the portfolio’s allocation to the telecom, media, and utilities sectors, with a focus on companies with stable cash flows, in an effort to be more defensively positioned given the heightened volatility during the quarter.
  • We increased the portfolios allocation to the health care sector. We believe this sector is attractive due to improving volumes in the hospitals segment and improved overall sentiment in the industry.
  • We increased overall portfolio quality during the quarter as a result of the market volatility and initiated a small position in U.S. Treasury securities in an effort to be more defensively positioned.
  • The portfolio’s allocations to high yield bonds, bank loans and equity-related securities should help mitigate its sensitivity to rising interest rates, as these asset classes historically have demonstrated negative correlation with U.S. Treasury securities.
  • We remain constructive on risk assets despite continuing volatility in the equity markets. We continue to believe that general economic fundamentals will favor the lower-rated segments of the leveraged credit market.

Portfolio Details as of 02/28/2019

Total Net Assets
$12.86 B
Number of Issues
767
Average Coupon
5.30%
Average Life
9.02 Years
Average Maturity
9.84 Years
Average Effective Duration
5.22 Years

To view definitions for the above Portfolio Details, Click here.

Average Coupon - The weighted average annual rate of interest on a bond’s face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio.

Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
FNMA Conventional Long T. 30yr 4.500% 06/30/2048 8.3%
J.P.Morgan Securities LLC 0.010% - 1.9%
Sprint Capital Corp. 6.875% 11/15/2028 0.9%
U.S. Treasury Note/Bond 2.750% 08/31/2023 0.8%
CCO Holdings LLC / CCO Holdings Capital Corp. 5.125% 05/01/2027 0.6%
Pacific Gas & Electric Co. 6.050% 03/01/2034 0.6%
Permanent Univ Fnd - Texas A&M Univ Sys 3.660% 07/01/2047 0.6%
Tenet Healthcare Corp. 5.125% 05/01/2025 0.5%
Freeport-McMoRan, Inc. 3.875% 03/15/2023 0.5%
Japan Bank for International Cooperation/Japan 3.125% 07/20/2021 0.5%
% of Total Assets 15.2%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Holding Coupon Maturity Assets
FNMA Conventional Long T. 30yr4.500% 06/30/20488.5%
U.S. Treasury Note0.500% 01/15/20281.1%
Sprint Capital Corp.6.875% 11/15/20280.9%
U.S. Treasury Note/Bond2.750% 05/31/20230.9%
Permanent Univ Fnd - Texas A&M Univ Sys3.660% 07/01/20470.6%
Tenet Healthcare Corp.5.125% 05/01/20250.5%
Pacific Gas & Electric Co.6.050% 03/01/20340.5%
CCO Holdings LLC / CCO Holdings Capital Corp.5.750% 02/15/20260.5%
Freeport-McMoRan, Inc.3.875% 03/15/20230.5%
Verizon Communications, Inc.2.625% 08/15/20260.5%
HCA, Inc.5.500% 06/15/20470.4%
Tesla Motors, Inc.5.300% 08/15/20250.4%
Abu Dhabi Government International Bond3.125% 05/03/20260.4%
Amazon.com, Inc.5.200% 12/03/20250.4%
Caesars Palace Las Vegas Trust 2017-VICI4.354% 10/15/20340.4%
Numericable Group S.A.7.375% 05/01/20260.4%
State Grid Overseas Investment 2016 Ltd3.500% 05/04/20270.4%
Republic of Turkey7.250% 12/23/20230.3%
Ecuador Government International Bond8.875% 10/23/20270.3%
Equinix, Inc.2.875% 02/01/20260.3%
T-Mobile USA, Inc.6.500% 01/15/20260.3%
Republic of Brazil4.625% 01/13/20280.3%
Calpine Corp.5.750% 01/15/20250.3%
Egypt Government International Bond5.577% 02/21/20230.3%
Hardee's Funding LLC4.959% 06/20/20480.3%
Pasadena Public Fing Auth7.148% 03/01/20430.3%
General Electric Co.2.700% 10/09/20220.3%
Netflix, Inc.3.625% 05/15/20270.3%
Shell International Finance BV6.375% 12/15/20380.3%
Atlassian Corp. plc0.000% -0.3%
Bombardier, Inc.7.500% 03/15/20250.3%
Tenet Healthcare Corp.6.750% 06/15/20230.3%
Valeant Pharmaceuticals International, Inc.5.625% 12/01/20210.3%
Valeant Pharmaceuticals International, Inc.4.500% 05/15/20230.3%
Post Holdings, Inc.4.520% 05/24/20240.3%
Neuberger Berman Group LLC4.875% 04/15/20450.3%
Province of British Columbia, Canada2.850% 06/18/20250.3%
TransDigm, Inc.6.250% 03/15/20260.3%
Azul Investments LLP5.875% 10/26/20240.3%
Cliffs Natural Resources, Inc.5.750% 03/01/20250.3%
Microsoft Corp.3.125% 11/03/20250.3%
Chesapeake Energy Corp.7.000% 10/01/20240.3%
WellCare Health Plans, Inc.5.250% 04/01/20250.3%
NRG Energy, Inc.5.750% 01/15/20280.3%
BBVA Bancomer SA5.125% 01/18/20330.3%
Amazon.com, Inc.4.800% 12/05/20340.3%
United Technologies Corp.4.125% 11/16/20280.3%
California St Univ3.899% 11/01/20470.3%
ABN Amro Bank NV4.750% 07/28/20250.3%
CCO Holdings LLC / CCO Holdings Capital Corp.5.125% 05/01/20270.3%
Sea World Parks and Entertainment5.312% 04/01/20240.3%
NGPL Pipeco LLC4.875% 08/15/20270.3%
Shake Shack, Inc.0.000% -0.3%
Centene Corp.5.375% 06/01/20260.2%
Albertsons Cos LLC / Safeway, Inc. / New Albertson5.750% 03/15/20250.2%
CNAC HK Finbridge Co Ltd4.125% 07/19/20270.2%
California Resources Corp.8.000% 12/15/20220.2%
New York City Indl Dev Agy11.000% 03/01/20290.2%
General Motors Co.5.000% 10/01/20280.2%
NVIDIA Corp.3.200% 09/16/20260.2%
T-Mobile USA, Inc.6.375% 03/01/20250.2%
Paraguay Government International Bond5.600% 03/13/20480.2%
Amazon.com, Inc.3.150% 08/22/20270.2%
Abu Dhabi Crude Oil Pipeline LLC4.600% 11/02/20470.2%
Memorial Sloan-Kettering Cancer Center4.200% 07/01/20550.2%
Republic of Turkey3.250% 06/14/20250.2%
IHS Markit Ltd4.000% 03/01/20260.2%
Vietnam (Socialist Republic of)4.800% 11/19/20240.2%
Edwards Lifesciences Corp.4.300% 06/15/20280.2%
Government of Jamaica8.000% 03/15/20390.2%
Bacardi Ltd.4.700% 05/15/20280.2%
Lululemon Athletica, Inc.0.000% -0.2%
Match Group, Inc.5.000% 12/15/20270.2%
Trimble Navigation Ltd.4.750% 12/01/20240.2%
Ivory Coast Govt Intl Bnd5.375% 07/23/20240.2%
Navient Corp.6.750% 06/25/20250.2%
Tenet Healthcare Corp.6.250% 02/01/20270.2%
Republic of South Africa4.300% 10/12/20280.2%
INTRAWEST RESORTS HLDGS INC5.499% 07/31/20240.2%
American Tower Corp.0.000% -0.2%
Microsoft Corp.3.300% 02/06/20270.2%
Ohio Power Co.4.150% 04/01/20480.2%
Development Bank of Mongolia LLC7.250% 10/23/20230.2%
Community Health Systems, Inc.8.000% 11/15/20190.2%
Regionalcare Hospital Prtnrs7.129% 11/16/20250.2%
AMC Networks, Inc.4.750% 08/01/20250.2%
Centene Corp.4.750% 01/15/20250.2%
Northwestern Mutual Life Insurance Co/The3.850% 09/30/20470.2%
Republic of Chile3.125% 01/21/20260.2%
RegionalCare Hospital Partners Holdings Inc / Life9.750% 12/01/20260.2%
Qatar Government International Bond3.250% 06/02/20260.2%
Western Digital Corp.4.750% 02/15/20260.2%
MGM Growth Properties Operating Partnership LP4.499% 03/21/20250.2%
VICI Properties 1 LLC4.503% 12/20/20240.2%
Macquarie Bank Ltd./London6.125% 03/08/21670.2%
HCA, Inc.7.500% 02/15/20220.2%
Compass Bank3.875% 04/10/20250.2%
Sprint Communications, Inc.5.000% 02/02/20240.2%
Transportadora de Gas Internacional SA ESP5.550% 11/01/20280.2%
Mattel, Inc.2.350% 08/15/20210.2%
Ziggo BV5.500% 01/15/20270.2%
Best Buy Co., Inc.4.450% 10/01/20280.2%
Republic of El Salvador6.375% 01/18/20270.2%
American Airlines, Inc.4.252% 06/27/20250.2%
Peabody Energy Corp.6.375% 03/31/20250.2%
Autodesk, Inc.3.500% 06/15/20270.2%
Deckers Outdoor Corp.0.000% -0.2%
DISH DBS Corp.7.750% 07/01/20260.2%
Columbia Sportswear Co.0.000% -0.2%
NIKE, Inc.0.000% -0.2%
Tableau Software, Inc.0.000% -0.2%
Dell International LLC / EMC Corp7.125% 06/15/20240.2%
Intelsat Jackson Holdings SA8.500% 10/15/20240.2%
Anastasia Beverly Hills6.249% 08/11/20250.2%
21st Century Fox America, Inc.7.750% 12/01/20450.2%
BJ's Wholesale Club, Inc.5.514% 02/03/20240.2%
Massachusetts Sch Bldg Auth5.715% 08/15/20390.2%
Hunt Oil Co of Peru LLC Sucursal Del Peru6.375% 06/01/20280.2%
Marble II Pte Ltd.5.300% 06/20/20220.2%
BankUnited, Inc.4.875% 11/17/20250.2%
General Electric Co.3.100% 01/09/20230.2%
Government of Jamaica6.750% 04/28/20280.2%
Rockies Express Pipeline LLC6.875% 04/15/20400.2%
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell o4.750% 06/01/20270.2%
Morgan Stanley3.625% 01/20/20270.2%
Microsoft Corp.4.500% 02/06/20570.2%
Ortho-Clinical Diagnostics Inc / Ortho-Clinical Di6.625% 05/15/20220.2%
Provincia de Mendoza Argentina8.375% 05/19/20240.2%
Nvent Finance Sarl4.550% 04/15/20280.2%
Elanco Animal Health Inc4.900% 08/28/20280.2%
Yingde Gases Investment Ltd6.250% 01/19/20230.2%
Conn's Receivables Funding 2017-B LLC5.950% 11/15/20220.2%
Citgo Holding, Inc.10.750% 02/15/20200.2%
Pulte Group, Inc.6.375% 05/15/20330.2%
Rede D'or Finance Sarl4.950% 01/17/20280.2%
Cheniere Corpus Christi Holdings LLC5.125% 06/30/20270.2%
Palmer Square Loan Funding 2018-1 Ltd3.387% 04/15/20260.2%
Albertsons Cos LLC / Safeway, Inc. / New Albertson6.625% 06/15/20240.2%
Noble Holding International Ltd.7.875% 02/01/20260.2%
West Street Merger Sub Inc6.375% 09/01/20250.2%
Transatlantic Holdings, Inc.8.000% 11/30/20390.2%
Sri Lanka (Democratic Socialist Republic of)6.825% 07/18/20260.2%
Exxon Mobil Corp.3.043% 03/01/20260.2%
CF Industries, Inc.4.500% 12/01/20260.2%
Coca-Cola Icecek A.S.4.215% 09/19/20240.2%
Ontario Teachers' Cadillac Fairview Properties Tru3.875% 03/20/20270.2%
Aeropuerto Internacional de Tocumen SA6.000% 11/18/20480.2%
Steel Dynamics, Inc.4.125% 09/15/20250.2%
Alcoa Nederland Holding BV6.750% 09/30/20240.2%
Quicken Loans Inc5.250% 01/15/20280.2%
Indianapolis Power & Light Co.4.050% 05/01/20460.2%
Dallas Convention Center Hotel Dev Corp., TX7.088% 01/01/20420.2%
Planet Fitness Master Issuer LLC4.666% 09/05/20480.2%
MEG Energy Corp.6.500% 01/15/20250.2%
William Lyon Homes, Inc.5.875% 01/31/20250.2%
Hilton Domestic Operating Co, Inc.5.125% 05/01/20260.2%
Ally Financial, Inc.4.625% 03/30/20250.2%
Valeant Pharmaceuticals International, Inc.5.500% 03/01/20230.2%
Kenya Government International Bond7.250% 02/28/20280.2%
AIB Group PLC4.750% 10/12/20230.2%
Bombardier, Inc.7.500% 12/01/20240.2%
International Flavors & Fragrances, Inc.5.000% 09/26/20480.2%
Australian Government4.250% 04/21/20260.2%
California7.550% 04/01/20390.2%
Weight Watchers International, Inc.8.625% 12/01/20250.2%
Zebra Technologies Corp.0.000% -0.2%
Metropolitan Museum of Art3.400% 07/01/20450.2%
Navient Corp.6.125% 03/25/20240.2%
Chicago, IL6.314% 01/01/20440.2%
Lightstone Holdco LLC6.249% 01/30/20240.2%
Tencent Holdings Ltd.3.925% 01/19/20380.2%
Bahrain Government International Bond6.750% 09/20/20290.2%
Amazon.com, Inc.4.250% 08/22/20570.2%
MEG Energy Corp.7.000% 03/31/20240.2%
Arcor6.000% 07/06/20230.2%
Microsoft Corp.2.400% 08/08/20260.2%
Church & Dwight Co., Inc.3.150% 08/01/20270.2%
El Paso Electric Co.5.000% 12/01/20440.2%
Nationstar Mortgage Holdings, Inc.9.125% 07/15/20260.2%
Republic of Argentina6.875% 04/22/20210.2%
Sage Therapeutics, Inc.0.000% -0.2%
National Retail Properties, Inc.4.300% 10/15/20280.2%
Jacobs Entertainment, Inc.7.875% 02/01/20240.2%
C.H. Robinson Worldwide, Inc.4.200% 04/15/20280.2%
Edwards Lifesciences Corp.0.000% -0.2%
Verscend Escrow Corp9.750% 08/15/20260.2%
DKT Finance ApS9.375% 06/17/20230.2%
Valeant Pharmaceuticals International, Inc.5.875% 05/15/20230.2%
Rumo Luxembourg Sarl5.875% 01/18/20250.2%
United Rentals, Inc.4.875% 01/15/20280.2%
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell o5.000% 06/01/20240.2%
Sabal Trail Transmission LLC4.246% 05/01/20280.2%
Bank of America Corp.4.450% 03/03/20260.2%
Northern Natural Gas4.300% 01/15/20490.2%
Wingstop Funding 2018-1 LLC4.970% 12/05/20480.2%
NVIDIA Corp.0.000% -0.2%
Aegea Finance Sarl5.750% 10/10/20240.2%
MHP Lux SA6.950% 04/03/20260.2%
Centene Corp.6.125% 02/15/20240.2%
Boston Scientific Corp.7.000% 11/15/20350.2%
InterXion Holding NV4.750% 06/15/20250.2%
Royal Caribbean Cruises Ltd.7.500% 10/15/20270.2%
SVB Financial Group0.000% -0.2%
CSL Capital, LLC8.250% 10/15/20230.2%
Silversea Cruise Finance Ltd.7.250% 02/01/20250.2%
Meredith Corp.6.875% 02/01/20260.2%
Banco Safra SA/Cayman Islands4.125% 02/08/20230.2%
Bright Horizons Family Solutions, Inc.0.000% -0.2%
Eterna Capital Pte Ltd8.000% 12/11/20220.2%
Chicago, IL5.432% 01/01/20420.2%
Home BancShares, Inc.5.625% 04/15/20270.2%
Honduras Government International Bond6.250% 01/19/20270.2%
Ingles Markets, Inc.5.750% 06/15/20230.2%
McCormick & Co., Inc.4.200% 08/15/20470.2%
MSCI, Inc.5.375% 05/15/20270.2%
Roper Industries, Inc.4.200% 09/15/20280.2%
Australia & New Zealand Banking Group Ltd/United K6.750% 06/15/21660.2%
Banco Mercantil del Norte SA/Grand Cayman7.625% 07/06/21670.2%
GLP Capital L.P. / GLP Financing II, Inc.5.750% 06/01/20280.2%
Amazon.com, Inc.0.000% -0.2%
Twilio, Inc.0.250% 06/01/20230.2%
San Jose Redev Agy, CA2.259% 08/01/20200.2%
HCA Holdings, Inc.0.000% -0.2%
Alliant Holdings Intermediate LLC8.250% 08/01/20230.2%
Trans Union LLC4.499% 06/12/20250.2%
DaVita, Inc.5.000% 05/01/20250.2%
Imperial Tobacco Finance plc4.250% 07/21/20250.2%
Allegheny Technologies, Inc.7.875% 08/15/20230.2%
Western Alliance Bancorp0.000% -0.2%
Americold Realty Trust0.000% -0.2%
Brown-Forman Corp.4.500% 07/15/20450.2%
Valeant Pharmaceuticals International, Inc.8.500% 01/31/20270.2%
Goldman Sachs Group, Inc.4.250% 10/21/20250.2%
CSC Holdings LLC10.875% 10/15/20250.2%
Tencent Holdings Ltd.3.595% 01/19/20280.2%
Emerson Electric Co.0.000% -0.2%
CIT Group, Inc.6.125% 03/09/20280.2%
Ensco plc5.200% 03/15/20250.2%
Dover Corp.0.000% -0.2%
Senegal Goverment International Bond6.250% 07/30/20240.2%
IRB Holding Corp.5.764% 02/05/20250.2%
SRC Energy Inc6.250% 12/01/20250.2%
Dell International LLC / EMC Corp6.020% 06/15/20260.2%
Norbord, Inc.6.250% 04/15/20230.2%
Intelsat Jackson Holdings SA5.500% 08/01/20230.2%
VF Holding Corp6.053% 07/02/20250.2%
Penn National Gaming, Inc.5.625% 01/15/20270.2%
Live Nation Entertainment, Inc.0.000% -0.1%
Florida Gas Transmission Co., LLC4.350% 07/15/20250.1%
TransDigm, Inc.6.375% 06/15/20260.1%
Miami Dade Cnty, FL4.280% 10/01/20410.1%
IFM US Colonial Pipeline 2 LLC6.450% 05/01/20210.1%
Rain CII Carbon LLC7.250% 04/01/20250.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.5.000% 12/01/20240.1%
Pike Corp5.525% 03/12/20250.1%
Cheniere Energy Partners LP5.625% 10/01/20260.1%
Entergy Arkansas, Inc.4.000% 06/01/20280.1%
Salesforce.com, Inc.3.700% 04/11/20280.1%
Montefiore Obligated Group5.246% 11/01/20480.1%
Brink's Co/The4.625% 10/15/20270.1%
IHS Markit Ltd4.750% 08/01/20280.1%
Planet Fitness Master Issuer LLC4.262% 09/05/20480.1%
Kaiser Foundation Hospitals4.150% 05/01/20470.1%
Neuberger Berman Group LLC4.500% 03/15/20270.1%
Seven & I Holdings Co., Ltd3.350% 09/17/20210.1%
Morgan Stanley3.125% 07/27/20260.1%
Kohl's Corp.5.550% 07/17/20450.1%
CenturyLink, Inc.7.500% 04/01/20240.1%
Astoria Energy LLC5.000% 12/24/20210.1%
American Express Co.3.400% 02/27/20230.1%
Bank of Ireland Group PLC4.500% 11/25/20230.1%
Uruguay Treasury Bills0.000% 05/03/20190.1%
Entergy Mississippi, Inc.2.850% 06/01/20280.1%
Central Japan Railway Co.4.250% 11/24/20450.1%
NextEra Energy Operating Partners LP4.500% 09/15/20270.1%
Brand Energy & Infrastructure Services Inc8.500% 07/15/20250.1%
Activision Blizzard, Inc.4.500% 06/15/20470.1%
JPMorgan Chase & Co.3.900% 07/15/20250.1%
Hellenic Republic Government Bond4.375% 08/01/20220.1%
Teachers Insurance & Annuity Association of Americ4.270% 05/15/20470.1%
Teva Pharmaceutical Finance Netherlands III BV3.150% 10/01/20260.1%
Hub International LTD5.514% 04/25/20250.1%
VEREIT Operating Partnership L.P.4.875% 06/01/20260.1%
Teleflex, Inc.4.625% 11/15/20270.1%
Bacardi Ltd.2.750% 07/15/20260.1%
Etsy, Inc.0.000% -0.1%
MSCI, Inc.5.750% 08/15/20250.1%
Tiffany & Co.4.900% 10/01/20440.1%
QUALCOMM, Inc.3.250% 05/20/20270.1%
MEG Energy Corp.0.000% -0.1%
Entergy Arkansas, Inc.4.950% 12/15/20440.1%
Panera Bread Company4.313% 07/18/20220.1%
McGraw-Hill Cos., Inc.6.550% 11/15/20370.1%
San Antonio, TX5.718% 02/01/20410.1%
District of Columbia, DC5.591% 12/01/20340.1%
Buenos Aires, Argentina7.500% 06/01/20270.1%
AXIS Specialty Finance PLC5.150% 04/01/20450.1%
VeriSign, Inc.5.250% 04/01/20250.1%
Popular, Inc.6.125% 09/14/20230.1%
Univ of California Bd of Regents6.548% 05/15/20480.1%
Southern Graphics Inc5.749% 12/31/20220.1%
Jonah Energy LLC / Jonah Energy Finance Corp7.250% 10/15/20250.1%
Gibson Brands, Inc.8.875% 08/01/20190.1%
CCO Holdings LLC / CCO Holdings Capital Corp.5.875% 04/01/20240.1%
Queensland Treasury Corp.4.000% 06/21/20190.1%
UPCB Finance Ltd.5.375% 01/15/20250.1%
Vistra Operations Co LLC5.500% 09/01/20260.1%
Polaris Intermediate Corp8.500% 12/01/20220.1%
Rumo Luxembourg Sarl7.375% 02/09/20240.1%
Adyen NV0.000% -0.1%
Texaco Capital, Inc.8.625% 11/15/20310.1%
Wabtec Corp.3.450% 11/15/20260.1%
NSG Holdings LLC / NSG Holdings, Inc.7.750% 12/15/20250.1%
Canopy Growth Corp0.000% -0.1%
Jurassic Holdings III, Inc.6.875% 02/15/20210.1%
Tupras Turkiye Petrol Rafine4.500% 10/18/20240.1%
Tencent Music Entertainment Group0.000% -0.1%
Excelitas Technologies6.303% 11/15/20240.1%
New York and Presbyterian Hospital/The4.063% 08/01/20560.1%
GOBP Holdings Inc.6.553% 10/22/20250.1%
CDW Corp.5.500% 12/01/20240.1%
Lennar Corp.4.750% 11/15/20220.1%
Louisville Gas & Electric Co.4.375% 10/01/20450.1%
CSI Compressco LP / CSI Compressco Finance Inc7.500% 04/01/20250.1%
Power Finance Corp Ltd6.150% 12/06/20280.1%
AMC Networks, Inc.0.000% -0.1%
JB y Co SA de CV3.750% 05/13/20250.1%
KOC Holding AS5.250% 03/15/20230.1%
Chicago Transit Auth, IL6.200% 12/01/20400.1%
SPX FLOW, Inc.5.875% 08/15/20260.1%
UC Holdings0.000% -0.1%
Medical Properties Trust Inc0.000% -0.1%
Bermuda Government International Bond4.138% 01/03/20230.1%
HCA, Inc.5.250% 04/15/20250.1%
PepsiCo, Inc.3.600% 03/01/20240.1%
Edgewater Generation LLC6.249% 12/13/20250.1%
Xilinx, Inc.2.950% 06/01/20240.1%
Clearway Energy Operating LLC5.750% 10/15/20250.1%
Visa, Inc.3.150% 12/14/20250.1%
Cheniere Corpus Christi Holdings LLC5.875% 03/31/20250.1%
Bahia Sul Holdings GmbH5.750% 07/14/20260.1%
Acwa Power Management And Investments One Ltd5.950% 12/15/20390.1%
Rio Energy SA / UGEN SA / UENSA SA6.875% 02/01/20250.1%
Toll Brothers Finance Corp.5.625% 01/15/20240.1%
Hub International Ltd.7.000% 05/01/20260.1%
Ashtead Capital, Inc.4.375% 08/15/20270.1%
Cemig Geracao e Transmissao SA9.250% 12/05/20240.1%
Eoc Group Inc5.769% 02/28/20250.1%
Delphi Automotive plc0.000% -0.1%
ServiceNow, Inc.0.000% -0.1%
ANZ New Zealand Int'l Ltd.2.125% 07/28/20210.1%
Hewlett-Packard Co.6.000% 09/15/20410.1%
Kenya Government International Bond8.250% 02/28/20480.1%
Alexandria Real Estate Equities, Inc.3.950% 01/15/20280.1%
JBS USA LLC/JBS USA Finance, Inc.6.750% 02/15/20280.1%
Provincia de Cordoba7.125% 06/10/20210.1%
ONE Gas, Inc.4.500% 11/01/20480.1%
VM Holding SA5.375% 05/04/20270.1%
Pulte Group, Inc.5.000% 01/15/20270.1%
Under Armour, Inc.3.250% 06/15/20260.1%
AHP Health Partners Inc9.750% 07/15/20260.1%
HCA, Inc.5.875% 03/15/20220.1%
HCA, Inc.7.690% 06/15/20250.1%
West Fraser Timber Co. Ltd.4.350% 10/15/20240.1%
Ciena Corp.0.000% -0.1%
Ausgrid Finance Pty Ltd4.350% 08/01/20280.1%
Pennsylvania5.450% 02/15/20300.1%
B&G Foods, Inc.5.250% 04/01/20250.1%
Province of Santa Fe6.900% 11/01/20270.1%
Atlantic City Electric Co.4.000% 10/15/20280.1%
Stena AB7.000% 02/01/20240.1%
Suriname Government International Bond9.250% 10/26/20260.1%
Numericable Group S.A.8.125% 02/01/20270.1%
T-Mobile USA, Inc.6.000% 04/15/20240.1%
CVR Partners LP / CVR Nitrogen Finance Corp9.250% 06/15/20230.1%
OCI NV6.625% 04/15/20230.1%
Teachers Insurance & Annuity Association of Americ4.900% 09/15/20440.1%
MPT Operating Partnership L.P.5.000% 10/15/20270.1%
Eldorado Resorts, Inc.6.000% 09/15/20260.1%
JBS USA LLC/JBS USA Finance, Inc.5.875% 07/15/20240.1%
Rio Oil Finance Trust Series 2018-18.200% 04/06/20280.1%
DaVita, Inc.5.125% 07/15/20240.1%
Shea Homes LP / Shea Homes Funding Corp.6.125% 04/01/20250.1%
CEC Entertainment, Inc.5.749% 02/12/20210.1%
General Motors Financial Co., Inc.5.250% 03/01/20260.1%
Grizzly Acquisitions Inc6.047% 10/01/20250.1%
Align Technology, Inc.0.000% -0.1%
Netflix, Inc.5.875% 02/15/20250.1%
S.C. Johnson & Son, Inc.4.750% 10/15/20460.1%
Zoetis, Inc.3.900% 08/20/20280.1%
Citigroup, Inc.4.450% 09/29/20270.1%
Pharmaceutical Product Development LLC6.375% 08/01/20230.1%
Arch Capital Finance LLC4.011% 12/15/20260.1%
Bermuda Government International Bond4.750% 02/15/20290.1%
Puget Sound Energy, Inc.4.223% 06/15/20480.1%
BCD Acquisition, Inc.9.625% 09/15/20230.1%
Promontoria Holding 264 BV6.750% 08/15/20230.1%
Thomson Reuters Corp.0.000% -0.1%
Mountain View CLO X Ltd4.147% 10/13/20270.1%
Asbury Automotive Group, Inc.6.000% 12/15/20240.1%
Monongahela Pwr Co3.550% 05/15/20270.1%
Stars Group Holdings BV / Stars Group US Co-Borrow7.000% 07/15/20260.1%
ESH Hospitality, Inc.5.250% 05/01/20250.1%
Nokia Corp.4.375% 06/12/20270.1%
Boyd Gaming Corp.6.000% 08/15/20260.1%
Targa Resources Partners L.P.5.875% 04/15/20260.1%
Southwestern Energy Co.7.750% 10/01/20270.1%
WTT Investment Ltd/Hong Kong5.500% 11/21/20220.1%
Memphis-Shelby Cnty Indus Dev Bd, TN7.000% 07/01/20450.1%
MSCI, Inc.0.000% -0.1%
Mohegan Tribal Gaming Authority7.875% 10/15/20240.1%
Cheniere Energy Partners LP5.250% 10/01/20250.1%
Everi Payments Inc7.500% 12/15/20250.1%
Black Hills Corp.4.350% 05/01/20330.1%
Six Flags Entertainment Corp.4.875% 07/31/20240.1%
Mattel, Inc.6.750% 12/31/20250.1%
Ecolab, Inc.0.000% -0.1%
Chobani LLC / Chobani Finance Corp Inc7.500% 04/15/20250.1%
Rochester Gas & Electric Corp.3.100% 06/01/20270.1%
Motorola Solutions, Inc.4.600% 02/23/20280.1%
AES Corp.0.000% -0.1%
Republic of Uruguay8.500% 03/15/20280.1%
HEICO Corp.0.000% -0.1%
Factset Research Systems, Inc.0.000% -0.1%
Ameren Corp.0.000% -0.1%
Goldman Sachs Group, Inc.3.500% 11/16/20260.1%
Range Resources Corp.4.875% 05/15/20250.1%
Pulte Group, Inc.0.000% -0.1%
Lamb Weston Holdings, Inc.0.000% -0.1%
Chesapeake Energy Corp.7.500% 10/01/20260.1%
Ritchie Bros Auctioneers, Inc.5.375% 01/15/20250.1%
Intuitive Surgical, Inc.0.000% -0.1%
EPR Properties4.500% 06/01/20270.1%
GCI LLC6.875% 04/15/20250.1%
Angolan Government International Bond8.250% 05/09/20280.1%
j2 Cloud Services LLC / j2 Global Co-Obligor Inc6.000% 07/15/20250.1%
Levi Strauss & Co.3.375% 03/15/20270.1%
Baffinland Iron Mines Corp / Baffinland Iron Mines8.750% 07/15/20260.1%
Teva Pharmaceutical Finance Netherlands II BV1.875% 03/31/20270.1%
Banff Merger Sub Inc9.750% 09/01/20260.1%
Portland General Electric Co.0.000% -0.1%
Netflix, Inc.4.625% 05/15/20290.1%
Alteryx Inc0.000% -0.1%
Valeant Pharmaceuticals International, Inc.7.000% 03/15/20240.1%
CMA CGM SA5.250% 01/15/20250.1%
Endeavor Energy Resources L.P.5.500% 01/30/20260.1%
Navistar International Corp.6.625% 11/01/20250.1%
Incyte Corp.0.000% -0.1%
AES Corp.5.125% 09/01/20270.1%
eDreams ODIGEO SL5.500% 09/01/20230.1%
Garda World Security Corp8.750% 05/15/20250.1%
Ashton Woods USA LLC / Ashton Woods Finance Co.6.750% 08/01/20250.1%
Siemens Financial Services, Inc.3.250% 05/27/20250.1%
Crown Cork & Seal Co., Inc.7.375% 12/15/20260.1%
TGP Holding III LLC(Traeger Pellet Grill Hdg LLC)7.053% 09/25/20240.1%
PetSmart, Inc.5.875% 06/01/20250.1%
Arizona Public Service Co.2.950% 09/15/20270.1%
Banff Merger Sub Inc8.375% 09/01/20260.1%
Frontera Generation Hold6.763% 05/02/20250.1%
Huntington Bancshares, Inc.5.700% 12/31/20990.1%
BlackRock, Inc.0.000% -0.1%
Trade Desk, Inc./The0.000% -0.1%
SM Energy Co.6.750% 09/15/20260.1%
American Express Co.0.000% -0.1%
IRB Holding Corp6.750% 02/15/20260.1%
Provincia de Cordoba7.450% 09/01/20240.1%
Guitar Center Escrow Issuer Inc9.500% 10/15/20210.1%
Roper Industries, Inc.0.000% -0.1%
First Republic Bank/San Francisco CA0.000% -0.1%
Ensco plc4.500% 10/01/20240.1%
Hearthside Group Holdings6.186% 05/17/20250.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.6.250% 11/01/20280.1%
Liberty Property L.P.4.375% 02/01/20290.1%
KINGPIN INTERMEDIATE HO5.814% 07/03/20240.1%
Coach, Inc.4.125% 07/15/20270.1%
LBC Tank Terminals Holding Netherlands BV6.875% 05/15/20230.1%
Aspen Technology, Inc.0.000% -0.1%
OGE Energy Corp.0.000% -0.1%
Pernod Ricard S.A.0.000% -0.1%
Silk Bidco As4.000% 02/08/20250.1%
Sealed Air Corp.6.875% 07/15/20330.1%
NVA Holdings Inc/United States6.875% 04/01/20260.1%
Plains All American Pipeline L.P.6.125% 12/31/20990.1%
Mohawk Industries, Inc.0.000% -0.1%
HCA, Inc.5.250% 06/15/20260.1%
Indigo Natural Resources LLC6.875% 02/15/20260.1%
General Motors Financial Co., Inc.3.850% 01/05/20280.1%
ONE Gas, Inc.0.000% -0.1%
NYU Hospitals Center4.368% 07/01/20470.1%
Lamb Weston Holdings, Inc.4.625% 11/01/20240.1%
TripAdvisor, Inc.0.000% -0.1%
CME Group, Inc.0.000% -0.1%
Kroger Co.0.000% -0.1%
JPMorgan Chase & Co.6.100% 12/31/20990.1%
WeWork Cos Inc7.875% 05/01/20250.1%
Moxie Patriot LLC8.553% 12/19/20200.1%
Allstate Corp.3.280% 12/15/20260.1%
FAGE International SA/ FAGE USA Dairy Industry Inc5.625% 08/15/20260.1%
QuickSilver Inc.8.350% 04/08/20240.1%
Rayonier AM Products, Inc.5.500% 06/01/20240.1%
MGIC Investment Corp.5.750% 08/15/20230.1%
Rowan Companies, Inc.4.750% 01/15/20240.1%
Texas Roadhouse, Inc.0.000% -0.1%
Paprec Holding SA4.000% 03/31/20250.1%
Wyndham Worldwide Corp.6.350% 10/01/20250.1%
Avsc Holding Corp5.882% 02/21/20250.1%
Neiman Marcus Group Inc., The5.763% 10/25/20200.1%
New York City5.985% 12/01/20360.1%
Orchestra Borrower LLC / Orchestra Co-Issuer Inc6.750% 06/15/20220.1%
PG&E Corp5.029% 12/31/20200.1%
Transocean, Inc.7.500% 01/15/20260.1%
Acrisure LLC / Acrisure Finance Inc7.000% 11/15/20250.1%
Farmers Insurance Exchange4.747% 11/01/20570.1%
Precision Drilling Corp.5.250% 11/15/20240.1%
Dunkin' Brands, Inc.0.000% -0.1%
Spirit Airlines, Inc.0.000% -0.1%
Jamestown CLO VII Ltd.4.421% 07/25/20270.1%
Commercial Barge Line11.249% 11/12/20200.1%
Energizer Holdings, Inc.6.375% 07/15/20260.1%
Dominion Gas Holdings LLC3.600% 12/15/20240.1%
Hillman Group, Inc.6.375% 07/15/20220.1%
Revlon, Inc. Class A5.571% 09/07/20230.1%
Britax Childcare4.500% 10/15/20200.1%
Church & Dwight Co., Inc.0.000% -0.1%
Pactiv Corp.7.950% 12/15/20250.1%
Claire's Stores, Inc.0.000% -0.1%
JPMorgan Chase & Co.3.540% 05/01/20280.1%
Brooklyn Union Gas Co.3.407% 03/10/20260.1%
Denbury Resources, Inc.7.500% 02/15/20240.1%
Gibson Brands, Inc0.000% -0.1%
AES Corp.4.500% 03/15/20230.1%
Autopistas del Sol SA/Costa Rica7.375% 12/30/20300.1%
Centennial Resource Production LLC5.375% 01/15/20260.1%
Griffon Corp.5.250% 03/01/20220.1%
Waste Pro USA Inc5.500% 02/15/20260.1%
Ahern Rentals, Inc.7.375% 05/15/20230.1%
BBA US Holdings Inc5.375% 05/01/20260.1%
Chicago Transit Auth, IL6.899% 12/01/20400.1%
Sirius XM Radio, Inc.5.000% 08/01/20270.1%
Con-way, Inc.6.700% 05/01/20340.1%
Murphy Oil Corp.6.875% 08/15/20240.1%
General Motors Financial Co., Inc.5.650% 01/17/20290.1%
Oklahoma Gas and Electric4.150% 04/01/20470.1%
Fifth Third Bank8.250% 03/01/20380.1%
Goodman US Finance Four LLC4.500% 10/15/20370.1%
United Rentals, Inc.4.625% 10/15/20250.1%
Hilton Domestic Operating Co, Inc.4.250% 09/01/20240.1%
Entergy Louisiana LLC4.000% 03/15/20330.1%
Freedom Mortgage Corp8.250% 04/15/20250.1%
Cloud Crane LLC10.125% 08/01/20240.1%
Alta Mesa Holdings L.P. / Alta Mesa Finance Servic7.875% 12/15/20240.1%
OM Asset Management plc4.800% 07/27/20260.1%
Station Casinos LLC5.000% 10/01/20250.1%
Los Angeles Unif Sch Dist, CA5.750% 07/01/20340.1%
Port of Seattle, WA3.755% 05/01/20360.1%
Watco Cos. LLC / Watco Finance Corp.6.375% 04/01/20230.1%
Warrior Met Coal Inc8.000% 11/01/20240.1%
Forum Energy Technologies, Inc.6.250% 10/01/20210.1%
Transocean Proteus Ltd.6.250% 12/01/20240.1%
RegionalCare Hospital Partners Holdings Inc8.250% 05/01/20230.1%
Sirius XM Radio, Inc.5.375% 07/15/20260.1%
Anthem, Inc.3.650% 12/01/20270.1%
Ohio Univ5.590% 12/01/21140.1%
Baxter International, Inc.0.000% 02/01/20190.1%
Dollar General Corp.0.000% 02/01/20190.1%
Entergy Corp.0.000% 02/01/20190.1%
Southern Star Central Corp.5.125% 07/15/20220.1%
Sirius XM Radio, Inc.6.000% 07/15/20240.1%
MPH Acquisition Holdings LLC7.125% 06/01/20240.1%
Shopify, Inc.0.000% -0.1%
Los Angeles, CA5.575% 05/15/20200.1%
Cheniere Corpus Christi Holdings LLC7.000% 06/30/20240.1%
Level 3 Financing, Inc.5.250% 03/15/20260.1%
Ashton Woods USA LLC / Ashton Woods Finance Co.6.875% 02/15/20210.1%
Gray Television, Inc.5.875% 07/15/20260.1%
EG America LLC6.813% 02/07/20250.1%
Bill Barrett Corp.7.000% 10/15/20220.1%
Anchorage Capital CLO 9 Ltd.6.787% 01/15/20290.1%
Bahia Sul Holdings GmbH6.000% 01/15/20290.1%
Miami Dade Cnty, FL3.982% 10/01/20410.1%
EP Energy LLC8.000% 11/29/20240.1%
Palmer Square Loan Funding 2018-1 Ltd3.837% 04/15/20260.1%
Lamar Media Corp.5.750% 02/01/20260.1%
WildHorse Resource Development Corp6.875% 02/01/20250.1%
ProLogis, Inc.3.875% 09/15/20280.1%
Sierra Pac Power Co.2.600% 05/01/20260.1%
Brown-Forman Corp.3.500% 04/15/20250.1%
Darling Global Finance BV3.625% 05/15/20260.1%
EPR Properties4.750% 12/15/20260.1%
Novelis Corp.6.250% 08/15/20240.1%
HCA, Inc.4.750% 05/01/20230.1%
Autoridad del Canal de Panama4.950% 07/29/20350.1%
Air Canada Class A Pass Through Certificates4.125% 05/15/20250.1%
British Airways 2018-1 Class AA Pass Through Trust3.800% 09/20/20310.1%
British Airways 2018-1 Class A Pass Through Trust4.125% 09/20/20310.1%
Ascension Health3.945% 11/15/20460.1%
Wabtec Corp.4.700% 09/15/20280.1%
Novelis Corp.5.875% 09/30/20260.1%
VeriSign, Inc.4.750% 07/15/20270.1%
SPX FLOW, Inc.5.625% 08/15/20240.1%
Xylem, Inc.3.250% 11/01/20260.1%
TCF Auto Receivables Owner Trust 2016-12.320% 06/15/20220.1%
Cleveland Clinic4.858% 01/01/21140.1%
Eclipse Resources Corp.8.875% 07/15/20230.1%
AMC Entertainment Holdings, Inc.5.875% 11/15/20260.1%
Targa Resources Partners L.P.4.250% 11/15/20230.1%
Wyndham Worldwide Corp.5.750% 04/01/20270.1%
Graftech Finance, Inc.5.999% 01/31/20250.1%
Prime Security Services Borrower LLC / Prime Finan9.250% 05/15/20230.1%
The Bd of Governors of the Univ of North Carolina3.847% 12/01/20340.1%
TIAA Asset Management Finance Co. LLC4.125% 11/01/20240.1%
Westcott Park Clo Ltd.7.111% 07/20/20280.1%
Associated Banc-Corp.4.250% 01/15/20250.1%
SM Energy Co.6.625% 01/15/20270.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.5.750% 10/01/20250.1%
Transocean Phoenix 2 Ltd.7.750% 10/15/20240.1%
Berkshire Hathaway, Inc.3.125% 03/15/20260.1%
Berkshire Hathaway, Inc.2.750% 03/15/20230.1%
Honolulu City & Cnty, HI5.418% 12/01/20270.1%
EG FINCO LTD5.734% 01/31/20250.1%
Darden Restaurants, Inc.4.550% 02/15/20480.1%
Dignity Health3.812% 11/01/20240.1%
Massachusetts4.200% 12/01/20210.1%
Univision Communications, Inc.5.125% 02/15/20250.1%
Goodman US Finance Three LLC3.700% 03/15/20280.1%
Transocean Pontus Ltd6.125% 08/01/20250.1%
Cedar Funding VI CLO Ltd5.761% 10/20/20280.1%
Univision Communications Inc.5.249% 03/15/20240.1%
Kroger Co.2.650% 10/15/20260.1%
Lennar Corp.4.750% 11/29/20270.1%
Joseph T Ryerson & Son, Inc.11.000% 05/15/20220.1%
Tenet Healthcare Corp.4.625% 07/15/20240.1%
Imperial Metals Corp.7.000% 03/15/20190.1%
CIT Group, Inc.5.250% 03/07/20250.1%
ITR Concession Co LLC5.183% 07/15/20350.1%
United Rentals, Inc.5.875% 09/15/20260.1%
Atrium XV5.776% 01/23/20310.1%
Six Flags Entertainment Corp.5.500% 04/15/20270.1%
Bermuda Government International Bond4.854% 02/06/20240.1%
Edelman Financial Center6.037% 07/21/20250.1%
Sound Point CLO XI Ltd.5.711% 07/20/20280.1%
ACC Trust 2018-14.820% 05/20/20210.1%
Gray Television, Inc.5.125% 10/15/20240.1%
THL Credit Wind River 2018-3 CLO Ltd5.776% 01/20/20310.1%
HCA, Inc.5.375% 02/01/20250.1%
Gulfport Energy Corp.6.375% 05/15/20250.1%
Eagle Holding Co. II LLC7.625% 05/15/20220.1%
Gulfport Energy Corp.6.375% 01/15/20260.1%
Wisconsin3.294% 05/01/20370.1%
Delphi Corp.4.150% 03/15/20240.1%
Port of Seattle, WA3.571% 05/01/20320.1%
HCA, Inc.7.580% 09/15/20250.1%
Intelsat Connect Finance SA9.500% 02/15/20230.1%
Ohio St Univ4.048% 12/01/20560.0%
Grinding Media, Inc. / MC Grinding Media Canada, I7.375% 12/15/20230.0%
Syneos Health Inc / inVentiv Health Inc / inVentiv7.500% 10/01/20240.0%
Ascena Retail Group, Inc.7.000% 08/21/20220.0%
Energizer Holdings, Inc.7.750% 01/15/20270.0%
Mariner CLO 2017-4 LLC5.815% 10/26/20290.0%
Netflix, Inc.4.875% 04/15/20280.0%
Netflix, Inc.5.500% 02/15/20220.0%
Eldorado Resorts, Inc.6.000% 04/01/20250.0%
Univision Communications, Inc.5.125% 05/15/20230.0%
Halcyon Loan Advisors Funding Ltd.4.640% 07/25/20270.0%
Steel Dynamics, Inc.5.000% 12/15/20260.0%
Wand Newco 3 Inc6.287% 01/23/20260.0%
Voya CLO 2016-2 Ltd.7.011% 07/19/20280.0%
Galaxy XXI CLO Ltd3.781% 04/20/20310.0%
ACC Trust 2018-16.810% 02/21/20230.0%
San Francisco City & Cnty, CA5.450% 06/15/20250.0%
Church & Dwight Co., Inc.3.950% 08/01/20470.0%
Tyco International Holding Sarl0.000% 02/01/20190.0%
Cabot Corp.0.000% 02/01/20190.0%
Amphenol Corp.0.000% 02/01/20190.0%
CenterPoint Energy, Inc.0.000% 02/01/20190.0%
Royal Caribbean Cruises Ltd.0.000% 02/01/20190.0%
CenterPoint Energy Resources Corp0.000% 02/01/20190.0%
Palmer Square Loan Funding 2018-1 Ltd4.187% 04/15/20260.0%
CF Industries, Inc.5.150% 03/15/20340.0%
Cent CLO Ltd.5.965% 07/27/20300.0%
General Motors Co.4.200% 10/01/20270.0%
Ashtead Capital, Inc.5.250% 08/01/20260.0%
Delphi Automotive plc4.250% 01/15/20260.0%
West CLO 2014-2 Ltd4.529% 01/16/20270.0%
Darden Restaurants, Inc.3.850% 05/01/20270.0%
China Railway Xunjie Co Ltd3.250% 07/28/20260.0%
Harbor Park CLO 18-1 Ltd5.739% 01/20/20310.0%
Lennar Corp.4.750% 05/30/20250.0%
CBS Corp.0.000% 02/01/20190.0%
BlueMountain CLO XXIII Ltd5.365% 10/20/20310.0%
Chaparral Energy, Inc.0.000% -0.0%
Teleflex, Inc.4.875% 06/01/20260.0%
PG&E Corp5.029% 12/31/20200.0%
Kroger Co.4.650% 01/15/20480.0%
Claire's Stores, Inc.14.000% 09/05/20380.0%
ALM XIX Ltd.7.137% 07/15/20280.0%
Madison Park Funding XIV Ltd5.711% 10/22/20300.0%
HCA, Inc.7.050% 12/01/20270.0%
Claire's Stores, Inc.0.000% 10/12/20380.0%
Ascentium Equipment Receivables 2016-2 Trust2.500% 09/12/20220.0%
Octagon Investment Partners 39 Ltd5.415% 10/20/20300.0%
AMMC CLO XII Ltd5.318% 11/10/20300.0%
Hot Topic, Inc.9.250% 06/15/20210.0%
Monitronics International, Inc.9.125% 04/01/20200.0%
Helix Gen Funding, LLC6.249% 06/03/20240.0%
PVH Corp.3.125% 12/15/20270.0%
HCA, Inc.8.360% 04/15/20240.0%
Cedar Funding VI CLO Ltd4.361% 10/20/20280.0%
CF Industries, Inc.4.950% 06/01/20430.0%
KKR CLO Ltd.5.592% 01/18/20320.0%
AMMC CLO 15 Ltd5.727% 01/15/20320.0%
Panda Power Funds8.553% 12/19/20200.0%
ION Media0.000% -0.0%
Mariner CLO 2015-1 LLC6.411% 04/20/20290.0%
Regatta VI Funding Ltd5.461% 07/20/20280.0%
Angolan Government International Bond9.375% 05/08/20480.0%
Eoc Group Inc2.000% 02/26/20260.0%
Longview Power8.750% 03/25/20210.0%
HCA, Inc.5.875% 02/15/20260.0%
Itron, Inc.5.000% 01/15/20260.0%
Credit Index Swap1.000% 12/20/20230.0%
Battalion CLO VII Ltd5.703% 07/17/20280.0%
Owens Corning4.400% 01/30/20480.0%
Remington Outdoor Co. Inc.0.000% -0.0%
Lightstone Holdco LLC6.249% 01/30/20240.0%
Owens Corning4.300% 07/15/20470.0%
FGI Operating Company, LLC0.000% 05/15/20220.0%
Templar Energy LLC0.000% -0.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
DOMMO ENERGIA SA-SP ADR0.000% -0.0%
Credit Default Swap1.000% 06/20/20200.0%
Eskom Holdings SOC Ltd.8.450% 08/10/20280.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Templar Energy LLC0.000% -0.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Eneva SA0.000% -0.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Westlake Automobile Receivables Trust 2016-32.070% 12/15/20210.0%
FX USD/EUR 04/190.000% 04/10/20190.0%
FX EUR/USD 02/190.000% 02/19/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
FX EUR/USD 04/190.000% 04/10/20190.0%
FX EUR/USD 02/190.000% 02/19/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/17/20590.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
US 10YR ULTRA FUT MAR190.000% 03/29/20190.0%
US ULTRA BOND CBT MAR190.000% 03/29/20190.0%
US 10YR NOTE (CBT)MAR190.000% 03/29/20190.0%
Hellas II0.000% 01/15/20150.0%
OGX Austria GmbH8.500% 06/01/20190.0%
FX EUR/USD 02/190.000% 02/19/20190.0%
FX EUR/USD 02/190.000% 02/19/20190.0%
FX USD/EUR 04/190.000% 04/10/20190.0%
Remington Outdoor Co. Inc.0.000% -0.0%
Claire's Stores, Inc.0.000% 09/15/20220.0%
EURO-BOBL FUT Mar190.000% 03/11/20190.0%
Washington Mutual, Inc.6.875% 06/15/20110.0%
General Motors Corp. NCV Escrow 8.375% 7/15/20338.375% 07/15/20330.0%
Mirabela Nickel Ltd.1.000% 09/16/20440.0%
US LONG BOND(CBT) MAR190.000% 03/29/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
US 5YR NOTE (CBT) MAR190.000% 04/03/20190.0%
FX USD/EUR 04/190.000% 04/10/20190.0%
FX USD/EUR 04/190.000% 04/10/20190.0%
US 2YR NOTE (CBT) MAR190.000% 04/03/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
Commercial Mortgage Backed Index Swap3.000% 09/17/20580.0%
FX USD/EUR 02/190.000% 02/19/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
FX USD/EUR 03/190.000% 03/07/20190.0%
Commercial Mortgage Backed Index Swap3.000% 11/18/20540.0%
J.P.Morgan Securities LLC0.010% -0.0%
J.P.Morgan Securities LLC0.010% --0.4%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 03/22/2019
$0.060
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 02/28/2019 $0.02986 $7.78
Daily Daily 01/31/2019 $0.03038 $7.70

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 03/31/2019
Daily Daily 04/30/2019
Daily Daily 05/31/2019
Daily Daily 06/30/2019
Daily Daily 07/31/2019
Daily Daily 08/31/2019
Daily Daily 09/30/2019
Daily Daily 10/31/2019
Daily Daily 11/30/2019
Daily Daily 12/31/2019

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/17/2018 12/18/2018 $0.0841 - $0.0841 $7.53
07/30/2018 07/31/2018 - $0.0398 $0.0398 $7.96
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Upcoming Capital Gain Distribution

Record Date Ex-Dividend Date
07/30/2019 07/31/2019

Fees & Expenses

Fees & Expenses

Expense Ratioas of 02/28/2019

0.69%

Fund Documents

Fund Documents

Download fund documents & literature, create email subscriptions, and place direct mail order

0Documents selected
Order
Summary Prospectus
Publish Date:11/03/2015
n/a
Statutory Prospectus
Publish Date:11/03/2015
n/a
Prospectus (XBRL)
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Publish Date:11/03/2015
Flyer
Publish Date:11/03/2015
Publish Date:11/03/2015

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
 Quantity
Quantity
 Remove
Remove
+

Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

Dividend Yield is a financial ratio that shows how much a mutual fund pays out in dividends each year relative to value with maximum sales charges and without sales charges. The dividend yield is calculated by annualizing the last dividend and dividing it by the fund’s net asset value with maximum sales charges and without sales charges.

 

2

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

 

IMPORTANT INFORMATION

 

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The value of your investment will change as interest rates fluctuate and in response to market movements. When interest rates fall, the prices of debt securities tend to rise, and when interest rates rise, the prices of debt securities are likely to decline. Longer-term debt securities are usually more sensitive to interest-rate changes; the longer the maturity of a security, the greater the effect a change in interest rates is likely to have on its price. The Fund may make substantial investments in high-yield debt securities and may invest in senior loans which may be primarily below-investment-grade. High-yield securities, sometimes called junk bonds, carry increased risks of price volatility, illiquidity, and the possibility of default in timely payment of interest and expenses. The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies and/or sectors in the economy. Convertible securities are subject to the risks affecting both equity and fixed-income securities, including market, credit, liquidity, and interest rate risk. These factors can affect Fund performance. 

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

Class F - The inception date for Class F shares is September 28, 2007. The performance quotations for Class F are based on the following methods of calculation: (a) for periods prior to September 28, 2007, a restated figure is used based on the Fund's Class I performance, which does not have a 12b-1 fee, adjusted to reflect the Rule 12b-1 rate differential between Class I and Class F; and (b) for periods after September 28, 2007, actual Class F performance is used reflecting all charges and fees applicable to Class F shares.

Class F shares are available only to eligible fee-based advisory programs and certain registered investment advisers. For additional information, see the Fund’s current prospectus.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The Barclays U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. 

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field