LCDAX | Emerging Markets Corporate Debt Fund Class A | Lord Abbett

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(as of 12/05/2015)

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Emerging Markets Corporate Debt Fund

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Summary

Summary

What is the Emerging Markets Corporate Debt Fund?

The Fund seeks to deliver current income and long term growth of capital by investing primarily in emerging markets corporate debt securities.

DOLLAR DENOMINATED

Provides an allocation to global investment opportunities without the currency volatility of local debt.

HISTORICALLY HIGHER YIELDS

EM Corporate Debt has provided higher yields than comparably rated U.S. corporate bonds.

STRONG PERFORMANCE

Has provided solid performance, with low expenses, relative to peers.

Yield

Average Yield to Maturity as of 02/29/2024

7.00%

30-Day Standardized Yield 1 as of 02/29/2024  

  Subsidized2 Un-Subsidized3
w/o sales charge 5.34% 4.53%

Fund Basicsas of 02/29/2024

Total Net Assets
$28.08 M
Inception Date
12/31/2013
Dividend Frequency
Monthly
Fund Gross Expense Ratio
1.44%
Fund Net Expense Ratio
1.05%
Number of Holdings
147
Minimum Initial Investment
$1,000+

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 0.94% 7.21% -1.38% 1.88% 3.35% 3.52%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 0.21% 10.18% -2.06% 0.94% 2.23% -
J.P. Morgan CEMBI Broad Diversified Index 1.31% 8.99% -0.67% 2.69% 3.69% 3.85%
w/ sales charge -1.32% 4.76% -2.12% 1.42% 3.12% 3.29%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 6.96% 6.96% -1.83% 2.59% 3.48% 3.48%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 11.03% 11.03% -2.80% 1.93% 2.24% -
J.P. Morgan CEMBI Broad Diversified Index 9.08% 9.08% -1.15% 3.19% 3.77% 3.77%
w/ sales charge 4.52% 4.52% -2.56% 2.13% 3.25% 3.25%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Country Assets
China
India
Brazil
Mexico
Macau
Chile
Turkey
Indonesia
Saudi Arabia
South Korea
Israel
Colombia
Thailand
United Arab Emirates
United Kingdom
Peru
Qatar
Taiwan
Kazakhstan
South Africa
Philippines
Malaysia
Argentina
Kuwait
Paraguay
Panama
Singapore
Supra-National
United States
Ukraine
Zambia
Ghana
Dominican Republic
Egypt
Morocco
Nigeria
Guatemala
Region Assets
Asia
Latin America
Middle East/Africa
Europe
North America
Other

Credit Quality Distribution as of 02/29/2024 View Portfolio

Rating Assets
AA
A
BBB
<BBB
Not Rated

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

22 Years of Industry Experience

Mila Skulkina
Mila Skulkina, CFA

Senior Managing Director, Portfolio Manager

22 Years of Industry Experience

Supported By 84 Investment Professionals with 18 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 02/29/2024

7.00%

30-Day Standardized Yield 1 as of 02/29/2024  

  Subsidized2 Un-Subsidized3
w/o sales charge 5.34% 4.53%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 0.94% 7.21% -1.38% 1.88% 3.35% 3.52%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 0.21% 10.18% -2.06% 0.94% 2.23% -
J.P. Morgan CEMBI Broad Diversified Index 1.31% 8.99% -0.67% 2.69% 3.69% 3.85%
w/ sales charge -1.32% 4.76% -2.12% 1.42% 3.12% 3.29%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 6.96% 6.96% -1.83% 2.59% 3.48% 3.48%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 11.03% 11.03% -2.80% 1.93% 2.24% -
J.P. Morgan CEMBI Broad Diversified Index 9.08% 9.08% -1.15% 3.19% 3.77% 3.77%
w/ sales charge 4.52% 4.52% -2.56% 2.13% 3.25% 3.25%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Year Fund Returns J.P. Morgan CEMBI Broad Diversified Index
2023 6.96% 9.08%
2022 -11.19% -12.26%
2021 -0.39% 0.91%
2020 5.78% 7.13%
2019 13.56% 13.09%
2018 -3.65% -1.65%
2017 8.54% 7.96%
2016 9.03% 9.65%
2015 1.77% 1.30%
2014 6.76% 4.96%
Year Q1 Q2 Q3 Q4
2024 - - - -
2023 1.19% 0.65% -0.74% 5.81%
2022 -7.80% -7.12% -2.10% 5.93%
2021 -1.65% 1.84% 0.37% -0.92%
2020 -12.98% 12.02% 2.85% 5.51%
2019 5.41% 3.59% 1.39% 2.57%
2018 -1.49% -3.03% 1.58% -0.71%
2017 3.28% 1.76% 2.59% 0.67%
2016 4.37% 3.59% 2.81% -1.93%
2015 2.14% 0.96% -1.58% 0.27%
2014 2.75% 4.76% 0.30% -1.12%

Growth of $10,000 as of 02/29/2024

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
Investment Grade Corporate
High Yield Corporate
Sovereign
Other
Cash
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

Credit Quality Distribution as of 02/29/2024

Rating Assets
AA
A
BBB
<BBB
Not Rated

Portfolio Details as of 02/29/2024

Total Net Assets
$28.08 M
Average Life
8.01 Years
Average Maturity
8.38 Years
Average Modified Duration
4.19 Years
Number of Issues
147
Average Yield to Maturity
7.00%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 03/18/2024
$0.11230
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 02/29/2024 $0.05722 $13.10
Daily Daily 01/31/2024 $0.05507 $13.06

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 03/31/2024
Daily Daily 04/30/2024
Daily Daily 05/31/2024
Daily Daily 06/30/2024
Daily Daily 07/31/2024
Daily Daily 08/31/2024
Daily Daily 09/30/2024
Daily Daily 10/31/2024
Daily Daily 11/30/2024
Daily Daily 12/31/2024

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
07/30/2018 07/31/2018 - $0.0292 $0.0292 $14.77

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 03/18/2024

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $13.42
$100,000 to $249,999 1.75% 1.50% $13.35
$250,000 to $499,999 1.25% 1.00% $13.29
Greater than $500,000 0.00% 1.00% $13.12

Expense Ratioas of 02/29/2024

Fund Gross Expense Ratio Fund Net Expense Ratio
1.44% 1.05%

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
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

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