LDMFX | Emerging Markets Bond Class F | Lord Abbett
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

 

Emerging Markets Bond

Daily price w/o sales charge as of 01/14/2021

$5.23

arrowUp$0.01

YTD Returns w/o sales charge as of 01/14/2021

-1.36%

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 Emerging Markets Bond Fund?

The fund seeks to deliver a high total return by primarily investing in debt securities that are tied economically to emerging market countries.

 

Yield

Dividend Yield 1 as of 01/14/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 4.01% 3.91%

30-Day Standardized Yield 2 as of 12/31/2020  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.13% 3.04%

Fund Basicsas of 12/31/2020

Total Net Assets
$300.60 M
Inception Date
09/28/2007
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.86%
Fund Net Expense Ratio
0.76%
Number of Holdings
242

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.17% 5.17% 4.53% 6.02% 1.57% 2.40%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 5.71% 5.71% 4.23% 6.75% 4.59% -
J.P. Morgan Emerging Markets Bond Index Global Diversified 5.26% 5.26% 5.05% 7.08% 6.22% 6.86%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.17% 5.17% 4.53% 6.02% 1.57% 2.40%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 5.71% 5.71% 4.23% 6.75% 4.59% -
J.P. Morgan Emerging Markets Bond Index Global Diversified 5.26% 5.26% 5.05% 7.08% 6.22% 6.86%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Region Assets
Middle East/Africa
Latin America
Asia
Europe
North America

Credit Quality Distribution as of 12/31/2020

Rating Assets
AAA
AA
A
BBB
BB
B
CCC
Not Rated

INVESTMENT TEAM

John J. Morton
John J. Morton, CFA

Portfolio Manager

35 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

19 Years of Industry Experience

Mila Skulkina
Mila Skulkina, CFA

Portfolio Manager

19 Years of Industry Experience

Supported By 63 Investment Professionals with 16 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 01/14/2021  

  Subsidized3 Un-Subsidized4
w/o sales charge 4.01% 3.91%

30-Day Standardized Yield 2 as of 12/31/2020  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.13% 3.04%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.17% 5.17% 4.53% 6.02% 1.57% 2.40%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 5.71% 5.71% 4.23% 6.75% 4.59% -
J.P. Morgan Emerging Markets Bond Index Global Diversified 5.26% 5.26% 5.05% 7.08% 6.22% 6.86%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/28/2007
w/o sales charge 5.17% 5.17% 4.53% 6.02% 1.57% 2.40%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 5.71% 5.71% 4.23% 6.75% 4.59% -
J.P. Morgan Emerging Markets Bond Index Global Diversified 5.26% 5.26% 5.05% 7.08% 6.22% 6.86%

Fund Expense Ratio :

Gross 0.86%

Net 0.76%

The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.

Year Fund Returns J.P. Morgan Emerging Markets Bond Index Global Diversified
2020 5.17% 5.26%
2019 16.08% 15.04%
2018 -6.44% -4.26%
2017 10.83% -
2016 5.79% -
2015 -8.86% -
2014 -5.40% -
2013 -2.97% -
2012 10.63% -
2011 -5.77% -
2010 6.20% -
2009 20.82% -
2008 -11.76% -
2007 7.71% -
Year Q1 Q2 Q3 Q4 Yearly Returns
2021 - - - - -1.36%
2020 -15.37% 14.06% 2.14% 6.66% 5.17%
2019 7.48% 4.32% 0.91% 2.59% 16.08%
2018 2.58% -7.90% 1.15% -2.09% -6.44%
2017 5.13% 1.72% 2.09% 1.52% 10.83%
2016 4.15% 1.78% 2.33% -2.47% 5.79%
2015 -2.96% 0.34% -7.24% 0.91% -8.86%
2014 0.93% 2.36% -4.38% -4.24% -5.40%
2013 -0.10% -3.75% 0.38% 0.53% -2.97%
2012 7.04% -2.22% 4.19% 1.46% 10.63%
2011 3.51% 1.79% -9.74% -0.92% -5.77%
2010 2.37% -5.18% 8.91% 0.46% 6.20%
2009 -1.19% 13.17% 6.62% 1.33% 20.82%
2008 2.81% 4.63% -6.38% -12.39% -11.76%
2007 1.12% -1.11% 4.01% 3.56% 7.71%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Sovereign
High Yield Corporate
Investment Grade Corporate
U.S. Government Related
Cash

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

Rating Assets
S.T & N.O.A
1 - 5 YEARS
6 - 10 YEARS
11 - 20 YEARS
21 - 30 YEARS
31 + YEARS
PFD(EQUITY)

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 12/31/2020

Rating Assets
AAA
AA
A
BBB
BB
B
CCC
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 median, but if there are only two ratings, the lower rating is used. 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 09/30/2020

  • Within China, government support is focused on alleviating financial pressure on companies via targeted tax cuts and preferential lending. Additionally, the government is seeking to incentivize personal consumption by increasing subsidies and relaxing certain purchase restrictions.
  • We are bullish on emerging markets due to the tailwind provided by a gradual economic recovery. Further, global policy makers have installed supportive measures.
  • With regard to the U.S. election in November, a second term for President Trump likely means foreign policy moves would continue to be unpredictable and diverge from those of previous administrations. Trade relations are likely to continue to dominate headlines and tensions with China are unlikely to abate.
  • In the event former Vice President Joe Biden wins the general election, we expect to see a pivot toward rebuilding international alliances and renewed support for globalization, potentially through multi-lateral agreements.

Portfolio Details as of 12/31/2020

Total Net Assets
$300.60 M
Number of Issues
242
Average Coupon
4.85%
Average Life
12.8 Years
Average Maturity
12.75 Years
Average Effective Duration
8.48 Years
Average Modified Duration
8.44 Years

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

Modified Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates. Duration is expressed as a number of years, and generally, the larger a portfolio’s duration, the greater the interest-rate risk or reward for underlying bond prices. Where applicable, securities, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs and ADRs and futures, are excluded from these calculations.

Holding Coupon Maturity Assets
Nigeria Government International Bond 6.500% 11/28/2027 1.5%
Qatar Government International Bond 3.250% 06/02/2026 1.5%
Petroleos Mexicanos 5.350% 02/12/2028 1.5%
Republic of South Africa 4.300% 10/12/2028 1.4%
Egypt Government International Bond 6.588% 02/21/2028 1.3%
Oman Government International Bond 4.750% 06/15/2026 1.3%
Ukraine Government 7.375% 09/25/2032 1.1%
Republic of Turkey 4.250% 04/14/2026 1.0%
Dominican Republic International Bond 6.400% 06/05/2049 1.0%
Republic of Indonesia 4.750% 02/11/2029 0.9%
% of Total Assets 12.5%
Holding Coupon Maturity Assets
Qatar Government International Bond3.250% 06/02/20261.5%
Nigeria Government International Bond6.500% 11/28/20271.5%
Petroleos Mexicanos5.350% 02/12/20281.4%
Republic of South Africa4.300% 10/12/20281.4%
Egypt Government International Bond6.588% 02/21/20281.3%
Oman Government International Bond4.750% 06/15/20261.3%
Ukraine Government7.375% 09/25/20321.1%
Ivory Coast Govt Intl Bnd6.375% 03/03/20281.0%
Republic of Turkey4.250% 04/14/20261.0%
Dominican Republic International Bond6.400% 06/05/20491.0%
Republic of Indonesia4.750% 02/11/20290.9%
Ghana Government International Bond6.375% 02/11/20270.9%
CBB International Sukuk Co 6 Spc5.250% 03/20/20250.9%
Republic of Indonesia4.750% 01/08/20260.8%
Kenya Government International Bond7.250% 02/28/20280.8%
Republic of Colombia5.000% 06/15/20450.8%
Paraguay Government International Bond5.400% 03/30/20500.8%
Russia Foreign Bond5.250% 06/23/20470.8%
Dominican Republic International Bond4.875% 09/23/20320.8%
Republic of Uruguay4.975% 04/20/20550.7%
Petroleos Mexicanos4.500% 01/23/20260.7%
Senegal Goverment International Bond6.250% 05/23/20330.7%
Petroleos Mexicanos6.500% 06/02/20410.7%
Angolan Government International Bond8.250% 05/09/20280.7%
Bahrain Government International Bond5.450% 09/16/20320.7%
Abu Dhabi Government International Bond1.700% 03/02/20310.7%
Qatar Government International Bond4.000% 03/14/20290.7%
Saudi Government International Bond5.000% 04/17/20490.7%
Romania4.000% 02/14/20510.7%
Sberbank of Russia Via SB Capital S.A.6.125% 02/07/20220.7%
Saudi Government International Bond3.250% 10/26/20260.7%
Saudi Government International Bond3.625% 03/04/20280.7%
Petrobras Global Finance BV5.600% 01/03/20310.6%
Qatar Government International Bond3.375% 03/14/20240.6%
Republic of Brazil3.875% 06/12/20300.6%
Republic of Brazil4.750% 01/14/20500.6%
Nigeria Government International Bond6.375% 07/12/20230.6%
Republic of Colombia3.875% 04/25/20270.6%
Saudi Government International Bond4.500% 04/22/20600.6%
Egypt Government International Bond7.903% 02/21/20480.6%
Eskom Holdings SOC Ltd.5.750% 01/26/20210.6%
Perusahaan Listrik Negara PT4.875% 07/17/20490.6%
Third Pakistan International Sukuk Co Ltd/The5.625% 12/05/20220.6%
Petroleos Mexicanos6.750% 09/21/20470.6%
Pertamina Persero PT4.175% 01/21/20500.6%
United Mexican States, MTN4.500% 01/31/20500.6%
Ukraine Government8.994% 02/01/20240.6%
Sri Lanka (Democratic Socialist Republic of)6.250% 07/27/20210.6%
Nigeria Government International Bond9.248% 01/21/20490.6%
Republic of Turkey3.250% 03/23/20230.5%
Saudi Government International Bond2.500% 02/03/20270.5%
Republic of Colombia3.000% 01/30/20300.5%
Ukraine Government7.253% 03/15/20330.5%
Dominican Republic International Bond5.950% 01/25/20270.5%
Turkiye Garanti Bankasi AS5.875% 03/16/20230.5%
KazTransGas JSC4.375% 09/26/20270.5%
Empresa Nacional del Petroleo4.500% 09/14/20470.5%
Eskom Holdings SOC Ltd.7.125% 02/11/20250.5%
MHP Lux SA6.250% 09/19/20290.5%
Oman Government International Bond6.750% 01/17/20480.5%
Republic of El Salvador6.375% 01/18/20270.5%
Senegal Goverment International Bond6.250% 07/30/20240.5%
Republic of Panama4.500% 04/01/20560.5%
Republic of Turkey5.625% 03/30/20210.5%
Yingde Gases Investment Ltd6.250% 01/19/20230.5%
Meituan3.050% 10/28/20300.5%
JD.com, Inc.4.125% 01/14/20500.5%
United Mexican States, MTN3.771% 05/24/20610.5%
OmGrid Funding Ltd5.196% 05/16/20270.5%
Ecuador Government International Bond0.500% 07/31/20350.5%
Pakistan Government International Bond8.250% 04/15/20240.5%
China Cinda Finance 2017 I Ltd4.750% 02/08/20280.5%
Enel Chile SA4.875% 06/12/20280.5%
Republic of Panama2.252% 09/29/20320.5%
Guatemala Government Bond6.125% 06/01/20500.5%
DP World Crescent Ltd3.875% 07/18/20290.4%
Egypt Government International Bond6.125% 01/31/20220.4%
MHP Lux SA6.950% 04/03/20260.4%
Thaioil Treasury Center Co Ltd3.500% 10/17/20490.4%
KazMunayGas National Co.4.750% 04/19/20270.4%
Qatar Government International Bond4.400% 04/16/20500.4%
Guatemala Government Bond4.375% 06/05/20270.4%
Republic of Peru2.844% 06/20/20300.4%
Republic of Uruguay5.100% 06/18/20500.4%
Abu Dhabi Government International Bond2.700% 09/02/20700.4%
Dianjian Haiyu Ltd3.500% 06/14/21670.4%
Kazakhstan Government International Bond4.875% 10/14/20440.4%
Klabin Austria GmbH5.750% 04/03/20290.4%
Angolan Government International Bond9.125% 11/26/20490.4%
Bahrain Government International Bond6.750% 09/20/20290.4%
Romania2.625% 12/02/20400.4%
Hunt Oil Co of Peru LLC Sucursal Del Peru6.375% 06/01/20280.4%
Republic of Panama3.870% 07/23/20600.4%
Tengizchevroil Finance Co. International Ltd.3.250% 08/15/20300.4%
CNAC HK Finbridge Co Ltd4.125% 07/19/20270.4%
Pakistan Government International Bond6.875% 12/05/20270.4%
Guatemala Government Bond4.900% 06/01/20300.4%
Republic of Argentina0.125% 07/09/20350.4%
Egypt Government International Bond4.550% 11/20/20230.4%
CBB International Sukuk Programme Co SPC6.250% 11/14/20240.4%
MDC-GMTN BV3.700% 11/07/20490.4%
Kenya Government International Bond7.000% 05/22/20270.4%
China Railway Xunjie Co Ltd3.250% 07/28/20260.4%
Republic of Turkey5.750% 05/11/20470.4%
Petroleos Mexicanos6.875% 10/16/20250.4%
Greenko Solar Mauritius Ltd5.950% 07/29/20260.4%
Republic of Colombia4.125% 05/15/20510.4%
Qatar Government International Bond4.817% 03/14/20490.4%
Republic of Indonesia4.100% 04/24/20280.4%
Lukoil Securities BV3.875% 05/06/20300.4%
State of Israel3.375% 01/15/20500.4%
Banco do Brasil SA4.625% 01/15/20250.4%
United Mexican States, MTN2.659% 05/24/20310.4%
Saudi Government International Bond2.750% 02/03/20320.4%
Sri Lanka (Democratic Socialist Republic of)5.750% 04/18/20230.4%
Chinalco Capital Holdings Ltd4.000% 08/25/20210.4%
Bermuda Government International Bond3.375% 08/20/20500.4%
Paraguay Government International Bond4.700% 03/27/20270.4%
CNAC HK Finbridge Co Ltd3.875% 06/19/20290.4%
Galaxy Pipeline Assets Bidco Ltd3.250% 09/30/20400.4%
Perusahaan Listrik Negara PT4.125% 05/15/20270.4%
Abu Dhabi Government International Bond2.500% 09/30/20290.4%
Sinopec Group Overseas Development 2017 Ltd3.625% 04/12/20270.4%
Banco Internacional del Peru3.375% 01/18/20230.3%
Saudi Arabian Oil Co1.625% 11/24/20250.3%
Ghana Government International Bond8.950% 03/26/20510.3%
Republic of Turkey5.950% 01/15/20310.3%
Kenya Government International Bond8.250% 02/28/20480.3%
Republic of Peru1.862% 12/01/20320.3%
Pertamina Persero PT3.100% 01/22/20300.3%
Ivory Coast Govt Intl Bnd4.875% 01/30/20320.3%
Russia Foreign Bond4.250% 06/23/20270.3%
Republic of Uruguay4.375% 01/23/20310.3%
Antofagasta PLC2.375% 10/14/20300.3%
Charming Light Investments Ltd4.375% 12/21/20270.3%
Credit Index Swap1.000% 12/20/20250.3%
Kazakhstan Temir Zholy Finance BV6.950% 07/10/20420.3%
Sunac China Holdings Ltd7.875% 02/15/20220.3%
Republic of Costa Rica5.625% 04/30/20430.3%
Corp Nacional del Cobre de Chile4.375% 02/05/20490.3%
Republic of Peru2.780% 12/01/20600.3%
Globo Comunicacao e Participacoes SA4.875% 01/22/20300.3%
Egypt Government International Bond8.150% 11/20/20590.3%
Ecuador Government International Bond0.500% 07/31/20400.3%
Perusahaan Gas Negara Persero Tbk PT5.125% 05/16/20240.3%
Gazprom OAO Via Gaz Capital SA4.950% 02/06/20280.3%
Bangkok Bank Public Co. Ltd.5.000% 04/23/21990.3%
Republic of Costa Rica4.250% 01/26/20230.3%
Pertamina Persero PT5.625% 05/20/20430.3%
Republic of Indonesia3.700% 10/30/20490.3%
Ecopetrol S.A.7.375% 09/18/20430.3%
Bahrain Government International Bond7.000% 01/26/20260.3%
Ukraine Government0.000% 05/31/20400.3%
Egypt Government International Bond7.625% 05/29/20320.3%
AI Candelaria Spain SLU7.500% 12/15/20280.3%
Ghana Government International Bond7.625% 05/16/20290.3%
Temasek Financial I Ltd.2.500% 10/06/20700.3%
Banco del Estado de Chile2.704% 01/09/20250.3%
Ivory Coast Govt Intl Bnd5.750% 12/31/20320.3%
KazMunayGas National Co.6.375% 10/24/20480.2%
Sri Lanka (Democratic Socialist Republic of)5.875% 07/25/20220.2%
Sri Lanka (Democratic Socialist Republic of)6.750% 04/18/20280.2%
Saudi Arabian Oil Co3.500% 04/16/20290.2%
Qatar Government International Bond4.400% 04/16/20500.2%
Ghana Government International Bond7.875% 03/26/20270.2%
Abu Dhabi Government International Bond3.125% 09/30/20490.2%
Republic of Uzbekistan Bond4.750% 02/20/20240.2%
Yuzhou Properties Co. Ltd.8.375% 10/30/20240.2%
Benin Government International Bond5.750% 03/26/20260.2%
Mongolia Government International Bond5.125% 12/05/20220.2%
OCP S.A.6.875% 04/25/20440.2%
Perusahaan Listrik Negara PT3.000% 06/30/20300.2%
Banco Internacional del Peru3.250% 10/04/20260.2%
Republic of Argentina0.125% 01/09/20380.2%
Kazakhstan Government International Bond1.500% 09/30/20340.2%
Perusahaan Listrik Negara PT4.000% 06/30/20500.2%
Qatar Government International Bond5.103% 04/23/20480.2%
Kaisa Group Holdings Ltd.11.950% 10/22/20220.2%
Prosus NV3.680% 01/21/20300.2%
Ecuador Government International Bond0.000% 07/31/20300.2%
Indonesia Asahan Aluminium Persero PT5.450% 05/15/20300.2%
Itau Unibanco Holding SA (Cayman Islands)4.500% 11/21/20290.2%
Eskom Holdings SOC Ltd.6.350% 08/10/20280.2%
Jordan Government International Bond5.850% 07/07/20300.2%
Republic of Costa Rica4.375% 04/30/20250.2%
China Government International Bond2.250% 10/21/20500.2%
Export Credit Bank of Turkey4.250% 09/18/20220.2%
Kookmin Bank1.750% 05/04/20250.2%
Honduras Government International Bond5.625% 06/24/20300.2%
Saudi Arabian Oil Co4.375% 04/16/20490.2%
Bahrain Government International Bond6.000% 09/19/20440.2%
Republic of Turkey6.625% 02/17/20450.2%
Republic of Uzbekistan Bond3.700% 11/25/20300.2%
Banco Nacional de Panama2.500% 08/11/20300.2%
NBK Tier 1 Financing 2 Ltd4.500% 05/27/21990.2%
CNAC HK Finbridge Co Ltd3.000% 09/22/20300.2%
Nigeria Government International Bond7.875% 02/16/20320.2%
Export Credit Bank of Turkey8.250% 01/24/20240.2%
Republic of Brazil5.000% 01/27/20450.2%
Banco Latinoamericano de Comercio Exterior SA2.375% 09/14/20250.2%
Republic of South Africa5.750% 09/30/20490.2%
Kazakhstan Government International Bond3.875% 10/14/20240.2%
Dominican Republic International Bond6.500% 02/15/20480.2%
Sociedad Quimica y Minera de Chile S.A.4.250% 01/22/20500.2%
Development Bank of Mongolia LLC7.250% 10/23/20230.2%
Transnet SOC Ltd.4.000% 07/26/20220.2%
Republic of Turkey5.250% 03/13/20300.1%
POSCO2.500% 01/17/20250.1%
PTTEP Treasury Center Co Ltd3.903% 12/06/20590.1%
Turkiye Sinai Kalkinma Bankasi AS6.000% 01/23/20250.1%
Sri Lanka (Democratic Socialist Republic of)7.850% 03/14/20290.1%
Republic of Peru2.783% 01/23/20310.1%
Vietnam (Socialist Republic of)4.800% 11/19/20240.1%
Sinopec Group Overseas Development 2018 Ltd2.700% 05/13/20300.1%
Ecuador Government International Bond0.500% 07/31/20300.1%
Pertamina Persero PT4.700% 07/30/20490.1%
Bermuda Government International Bond2.375% 08/20/20300.1%
Adani Ports & Special Economic Zone Ltd4.375% 07/03/20290.1%
Sri Lanka (Democratic Socialist Republic of)7.550% 03/28/20300.1%
Power Finance Corp Ltd3.950% 04/23/20300.1%
Republic of Panama4.500% 04/16/20500.1%
Republic of Argentina0.125% 07/09/20300.1%
Lebanon Government International Bond6.650% 02/26/20300.1%
Guatemala Government Bond5.375% 04/24/20320.1%
Corp Nacional del Cobre de Chile3.750% 01/15/20310.1%
Turkiye Vakiflar Bankasi Tao5.250% 02/05/20250.1%
Oleoducto Central S.A.4.000% 07/14/20270.1%
AES Panama Generation Holdings SRL4.375% 05/31/20300.1%
Baidu, Inc.3.075% 04/07/20250.1%
Mongolia Government International Bond5.125% 04/07/20260.1%
ENA Master Trust4.000% 05/19/20480.1%
Bank Leumi Le-Israel BM3.275% 01/29/20310.1%
Export Credit Bank of Turkey5.375% 02/08/20210.1%
Citgo Holding, Inc.9.250% 08/01/20240.1%
Republic of Argentina1.000% 07/09/20290.0%
Republic of Argentina0.125% 07/09/20460.0%
EURO-BUND FUTURE DEC200.000% 12/10/20200.0%
US 10YR ULTRA FUT MAR210.000% 03/31/20210.0%
US 2YR NOTE (CBT) MAR210.000% 04/05/20210.0%
US 5YR NOTE (CBT) MAR210.000% 04/05/20210.0%
US ULTRA BOND CBT MAR210.000% 03/31/20210.0%
US LONG BOND(CBT) MAR210.000% 03/31/20210.0%
FX USD/EUR 12/200.000% 12/04/20200.0%
FX USD/EUR 12/200.000% 12/04/20200.0%

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 01/14/2021
$0
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 12/31/2020 $0.01746 $5.31
Daily Daily 11/30/2020 $0.01808 $5.22
Daily Daily 10/31/2020 $0.01815 $5.02
Daily Daily 09/30/2020 $0.02044 $5.03
Daily Daily 08/31/2020 $0.01839 $5.16
Daily Daily 07/31/2020 $0.01860 $5.13
Daily Daily 06/30/2020 $0.01878 $4.98
Daily Daily 05/31/2020 $0.01934 $4.82
Daily Daily 04/30/2020 $0.02040 $4.53
Daily Daily 03/31/2020 $0.02112 $4.42
Daily Daily 02/29/2020 $0.02143 $5.27
Daily Daily 01/31/2020 $0.02123 $5.35

Upcoming Dividend Payment Dates

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 01/31/2021
Daily Daily 02/28/2021
Daily Daily 03/31/2021
Daily Daily 04/30/2021
Daily Daily 05/31/2021
Daily Daily 06/30/2021
Daily Daily 07/31/2021
Daily Daily 08/31/2021
Daily Daily 09/30/2021
Daily Daily 10/31/2021
Daily Daily 11/30/2021
Daily Daily 12/31/2021

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
07/28/2011 07/29/2011 - $0.0337 $0.0337 $6.96
*

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

This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.

Record Date Ex-Dividend Date
07/28/2021 07/29/2021

Fees & Expenses

Fees & Expenses

Expense Ratioas of 12/31/2020

Fund Gross Expense Ratio Fund Net Expense Ratio
0.86% 0.76%

Expense ratio details, Click here.

Fund Documents

Fund Documents

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

0Documents selected
Order
n/a
Portfolio Holdings 1Q
Publish Date:11/03/2015
n/a
Portfolio Holdings 3Q
Publish Date:11/03/2015
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
Commentary
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

* Barron’s Top Fund Families of 2019, February 14, 2020, #5 in the Taxable Bond Category among 55 fund families. Based on the net total return of the one−year period ending 12/31/2019. #14 Overall ranking among 55 qualifying fund families based on the net total return of the one-year period ending 12/31/2019. Five-year Overall ranking is #30 out of 52 fund families; 10-year Overall ranking is #33 out of 45 fund families.

 

Source: Barron’s, “Barron’s Top Fund Families of 2019,” February 14, 2020. Barron’s rankings are based on asset weighted returns in funds in five categories: U.S. equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2019, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2019 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well. Barron's Fund Family Rankings are awarded annually.

 

© Reuters 2020. All Rights Reserved. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

 

+

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

 

Effective August 1, 2018, the Fund changed its name from Lord Abbett Emerging Markets Currency Fund to Lord Abbett Emerging Markets Bond Fund and transitioned its investment approach from an emerging market currency-oriented strategy to a strategy of investing in a diversified portfolio of emerging market corporate and sovereign bonds. Therefore, the performance and the characteristics for the periods prior to August 1, 2018 are not representative of the Fund's current investment strategy. The change in investment approach may affect the Fund's performance.

 

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. Investing in the bond market is also subject to issuer, call, and inflation risk; investments may be worth more or less than the original cost when redeemed. Bonds issued or guaranteed by foreign governments and governmental entities (commonly referred to as ''sovereign debt'') present risks not associated with investments in other types of bonds. The sovereign government or governmental entity issuing or guaranteeing the debt may be unable or unwilling to make interest payments and/or repay the principal owed. The securities markets of emerging market countries tend to be less liquid, especially subject to greater price volatility, have a smaller market capitalization, have less government regulation and may not be subject to as extensive and frequent accounting, financial and other reporting requirements as securities markets in more developed countries. Further, investing in the securities of issuers located in certain emerging countries may present a greater risk of loss resulting from problems in security registration and custody or substantial economic or political disruptions. The Fund may invest substantially in derivatives, which are subject to certain risks such as liquidity, market, and counterparty risk and the risk that a position could not be closed when most advantageous. Investing in derivatives could cause the Fund to lose more than the amount invested. High-yield, lower-rated securities involve greater credit risk, price volatility, illiquidity, and default risk than higher-rated securities. 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.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

The net expense ratio for Class F takes into account a contractual fee waiver/expense reimbursement that currently is scheduled to remain in place through 04/30/2020. For periods when fees and expenses were waived and/or reimbursed, the share class benefited by not bearing such expenses. Without such waivers, performance would have been lower.

 

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 Emerging Markets Bond Index Global (EMBI® Global): The EMBI Global tracks returns for the US dollar-denominated debt intruments issued by emerging market soverign and quasi-sovereign entities:Brady bonds, loans, Eurobonds.

 

The Emerging Markets Bond Index Global Diversified (EMBI® Global Diversified): The EMBI Global Diversified is a uniquely-weighted version of the EMBI Global. It limits the weights of those index countries with larger debt stocks by only including specified portions of these countries' eligible current face amounts of debt outstanding. The countries covered in the EMBI Global Diversified are identical to those covered by the EMBI Global. 

 

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.

 

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