Emerging Markets Corporate Debt Fund
Daily price w/o sales charge as of 02/15/2019
$14.74
$0.00
YTD Returns w/o sales charge as of 02/15/2019
3.66%
Overall Morningstar RatingsEmerging Markets Bond
as of 01/31/2019
Morningstar rated the Lord Abbett Emerging Markets Corporate Debt Fund class I share 3 and 4 stars among 224 and 174 Emerging Markets Bond Funds for the overall rating and the 3 and 5 year periods ended 1/31/2019, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
The Fund seeks to deliver current income and long term growth of capital by investing primarily in emerging markets corporate debt securities.
Yield
Dividend Yield 1 as of 02/15/2019
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.88% | 4.38% |
30-Day Standardized Yield 2 as of 01/31/2019
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 5.60% | 4.96% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Basicsas of 12/31/2018
- Total Net Assets
- $44.22 M
- Inception Date
- 12/31/2013
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 1.35%
- Fund Net Expense Ratio
- 0.85%
- Number of Holdings
- 212
- CUSIP
- 543908644
- Minimum Initial Investment
- $1,000,000+
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | 3.14% | -0.84% | 5.85% | 5.20% | - | 5.15% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 4.38% | -2.52% | 6.61% | 3.41% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | 2.71% | 0.95% | 6.27% | 4.84% | - | 4.84% |
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -3.46% | -3.46% | 4.68% | 4.59% | - | 4.59% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -5.69% | -5.71% | 4.77% | 2.17% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.65% | -1.65% | 5.20% | 4.36% | - | 4.36% |
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
Returns with sales charges reflect a maximum sales charge of 2.25%.
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 of future results.
| Country | Assets |
|---|---|
| China | |
| Brazil | |
| Turkey | |
| Mexico | |
| India | |
| Indonesia | |
| Colombia | |
| Peru | |
| UAE | |
| Russia | |
| Argentina | |
| Qatar | |
| Chile | |
| South Africa | |
| Israel | |
| South Korea | |
| Nigeria | |
| Hong Kong | |
| Saudi Arabia | |
| Kazakhstan | |
| Ukraine | |
| Thailand | |
| Zambia | |
| Panama | |
| Kuwait | |
| Ghana | |
| Singapore | |
| Paraguay | |
| Spain | |
| Georgia | |
| Uruguay | |
| Morocco | |
| Bermuda | |
| United States | |
| Mongolia | |
| Sri Lanka | |
| Guatemala | |
| Oman | |
| Malaysia | |
| Costa Rica | |
| Egypt | |
| Australia |
Region classifications of countries are defined by Lord Abbett and may not be consistent with the MSCI region definitions. Country classifications of securities held within the universe of MSCI indexes are defined by MSCI. Country classifications of securities held by the portfolio only, and not included within the universe of MSCI indexes, are defined by Lord Abbett.
| Region | Assets |
|---|---|
| Latin America | |
| Asia | |
| Middle East/Africa | |
| Europe | |
| North America |
Credit Quality Distribution as of 12/31/2018 View Portfolio
| Rating | Assets |
|---|---|
| AA | |
| A | |
| BBB | |
| <BBB | |
| 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.
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Performance
Performance
Dividend Yield 1 as of 02/15/2019
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.88% | 4.38% |
30-Day Standardized Yield 2 as of 01/31/2019
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 5.60% | 4.96% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | 3.14% | -0.84% | 5.85% | 5.20% | - | 5.15% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 4.38% | -2.52% | 6.61% | 3.41% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | 2.71% | 0.95% | 6.27% | 4.84% | - | 4.84% |
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -3.46% | -3.46% | 4.68% | 4.59% | - | 4.59% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -5.69% | -5.71% | 4.77% | 2.17% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.65% | -1.65% | 5.20% | 4.36% | - | 4.36% |
Fund Expense Ratio :
Gross 1.35%
Net 0.85%
Returns with sales charges reflect a maximum sales charge of 2.25%.
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 of future results.
| Year | Fund Returns | J.P. Morgan CEMBI Broad Diversified Index |
|---|
| 2018 | -3.46% | -1.65% |
| 2017 | 8.84% | 7.96% |
| 2016 | 9.18% | 9.65% |
| 2015 | 1.98% | 1.30% |
| 2014 | 6.97% | 4.96% |
| 2013 | 0.01% | -0.60% |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2019 | - | - | - | - | 3.66% |
| 2018 | -1.45% | -2.98% | 1.63% | -0.66% | -3.46% |
| 2017 | 3.41% | 1.81% | 2.64% | 0.72% | 8.84% |
| 2016 | 4.50% | 3.58% | 2.86% | -1.94% | 9.18% |
| 2015 | 2.19% | 1.01% | -1.52% | 0.32% | 1.98% |
| 2014 | 2.80% | 4.81% | 0.35% | -1.07% | 6.97% |
| 2013 | - | - | - | - | 0.01% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Rating | Assets |
|---|---|
| High Yield Corporate | |
| Investment Grade Corporate | |
| Sovereign | |
| Other | |
| 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 12/31/2018
| Rating | Assets |
|---|---|
| AA | |
| A | |
| BBB | |
| <BBB | |
| 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 Details as of 12/31/2018
- Total Net Assets
- $44.22 M
- Number of Issues
- 212
- Average Coupon
- 5.49%
- Average Life
- 8.19 Years
- Average Maturity
- 8.09 Years
- Average Modified Duration
- 4.61 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 Life - Measures how long it will take, on average, to receive the repayment of the principal amount on a debt security. Average life is often used in connection with mortgage-backed securities as a measurement of the length of time, on average, before the underlying mortgages are paid, refinanced, or otherwise retired.
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 |
|---|
| YPF S.A. | 6.950% | 07/21/2027 | 1.8% |
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 1.0% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 1.0% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.9% |
| Turkiye Garanti Bankasi AS | 6.250% | 04/20/2021 | 0.9% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.9% |
| Turkiye Garanti Bankasi AS | 4.750% | 10/17/2019 | 0.9% |
| QNB Finance Ltd. | 2.875% | 04/29/2020 | 0.9% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.9% |
| Industrial & Commercial Bank of China Ltd/Dubai | 2.625% | 05/26/2020 | 0.9% |
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 |
|---|
| YPF S.A. | 6.950% | 07/21/2027 | 1.8% |
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 1.0% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 1.0% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.9% |
| Turkiye Garanti Bankasi AS | 6.250% | 04/20/2021 | 0.9% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.9% |
| Turkiye Garanti Bankasi AS | 4.750% | 10/17/2019 | 0.9% |
| QNB Finance Ltd. | 2.875% | 04/29/2020 | 0.9% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.9% |
| Industrial & Commercial Bank of China Ltd/Dubai | 2.625% | 05/26/2020 | 0.9% |
| Turkiye Is Bankasi | 5.000% | 04/30/2020 | 0.9% |
| Qtel International Finance Ltd. | 3.250% | 02/21/2023 | 0.9% |
| Gazprom OAO Via Gaz Capital SA | 4.950% | 02/06/2028 | 0.9% |
| Eskom Holdings SOC Ltd. | 5.750% | 01/26/2021 | 0.9% |
| Tullow Oil plc | 7.000% | 03/01/2025 | 0.9% |
| Braskem Netherlands Finance BV | 4.500% | 01/10/2028 | 0.9% |
| Ecopetrol S.A. | 5.875% | 05/28/2045 | 0.8% |
| Country Garden Holdings Co. Ltd. | 4.750% | 01/17/2023 | 0.8% |
| Indika Energy Capital III Pte Ltd | 5.875% | 11/09/2024 | 0.8% |
| DP World Ltd. | 6.850% | 07/02/2037 | 0.8% |
| Petrobras Global Finance BV | 7.250% | 03/17/2044 | 0.8% |
| Akbank TAS | 4.000% | 01/24/2020 | 0.7% |
| Eterna Capital Pte Ltd | 8.000% | 12/11/2022 | 0.6% |
| Shimao Property Holdings Ltd. | 8.375% | 02/10/2022 | 0.6% |
| Cemig Geracao e Transmissao SA | 9.250% | 12/05/2024 | 0.6% |
| Bahia Sul Holdings GmbH | 7.000% | 03/16/2047 | 0.6% |
| Embraer Netherlands Finance BV | 5.050% | 06/15/2025 | 0.6% |
| Reliance Industries Ltd. | 4.125% | 01/28/2025 | 0.6% |
| Southern Copper Corp. | 5.875% | 04/23/2045 | 0.6% |
| Sberbank of Russia Via SB Capital S.A. | 5.250% | 05/23/2023 | 0.6% |
| Provincia de la Rioja | 9.750% | 02/24/2025 | 0.6% |
| AI Candelaria Spain SLU | 7.500% | 12/15/2028 | 0.6% |
| Teva Pharmaceutical Finance Netherlands III BV | 6.000% | 04/15/2024 | 0.6% |
| Banco de Credito del Peru | 4.850% | 10/30/2020 | 0.5% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.5% |
| Fenix Power Peru SA | 4.317% | 09/20/2027 | 0.5% |
| OJSC Novolipetsk Steel via Steel Funding Ltd. | 4.000% | 09/21/2024 | 0.5% |
| Petkim Petrokimya Holding AS | 5.875% | 01/26/2023 | 0.5% |
| Georgia Capital JSC | 6.125% | 03/09/2024 | 0.5% |
| First Quantum Minerals Ltd. | 7.000% | 02/15/2021 | 0.5% |
| BBVA Bancomer SA | 5.125% | 01/18/2033 | 0.5% |
| Medco Platinum Road Pte Ltd | 6.750% | 01/30/2025 | 0.5% |
| Teva Pharmaceutical Finance Netherlands III BV | 2.800% | 07/21/2023 | 0.5% |
| Kazakhstan Temir Zholy Finance BV | 6.950% | 07/10/2042 | 0.5% |
| Rumo Luxembourg Sarl | 7.375% | 02/09/2024 | 0.5% |
| Vedanta Resources plc | 6.125% | 08/09/2024 | 0.5% |
| Alfa Bank OJSC Via Alfa Bond Issuance plc | 7.750% | 04/28/2021 | 0.5% |
| Bangkok Bank Public Co. Ltd. | 5.000% | 10/03/2023 | 0.5% |
| Qatar Government International Bond | 5.103% | 04/23/2048 | 0.5% |
| Arcos Dorados Holdings, Inc. | 5.875% | 04/04/2027 | 0.5% |
| Indonesia Asahan Aluminium Persero PT | 6.530% | 11/15/2028 | 0.5% |
| OCP S.A. | 6.875% | 04/25/2044 | 0.5% |
| Sberbank of Russia Via SB Capital S.A. | 6.125% | 02/07/2022 | 0.5% |
| Dolphin Energy Ltd. | 5.500% | 12/15/2021 | 0.5% |
| HT Global IT Solutions Holdings Ltd | 7.000% | 07/14/2021 | 0.5% |
| Sunac China Holdings Ltd | 8.625% | 07/27/2020 | 0.5% |
| Eldorado Intl. Finance GmbH | 8.625% | 06/16/2021 | 0.5% |
| China Overseas Finance Cayman V Ltd. | 5.350% | 11/15/2042 | 0.5% |
| Bank of China Ltd. | 5.000% | 11/13/2024 | 0.5% |
| Agile Property Holdings Ltd. | 9.000% | 05/21/2020 | 0.5% |
| Millicom International Cellular S.A. | 6.625% | 10/15/2026 | 0.5% |
| Fresnillo plc | 5.500% | 11/13/2023 | 0.5% |
| Indonesia Asahan Aluminium Persero PT | 5.710% | 11/15/2023 | 0.5% |
| Bermuda Government International Bond | 4.750% | 02/15/2029 | 0.5% |
| GC Treasury Center Co Ltd | 4.250% | 09/19/2022 | 0.5% |
| Transportadora de Gas Internacional SA ESP | 5.550% | 11/01/2028 | 0.5% |
| Banco Santander Mexico SA Institucion de Banca Mul | 5.950% | 10/01/2028 | 0.5% |
| Hunt Oil Co of Peru LLC Sucursal Del Peru | 6.375% | 06/01/2028 | 0.5% |
| KazMunayGas National Co. | 6.375% | 10/24/2048 | 0.5% |
| Bank of China Hong Kong Ltd | 5.900% | 09/14/2168 | 0.5% |
| Woori Bank | 4.750% | 04/30/2024 | 0.5% |
| Korea Expressway Corp. | 3.625% | 10/22/2021 | 0.5% |
| China Railway Resources Huitung Ltd. | 3.850% | 02/05/2023 | 0.5% |
| Telefonica Celular del Paraguay SA | 6.750% | 12/13/2022 | 0.5% |
| Perusahaan Listrik Negara PT | 6.150% | 05/21/2048 | 0.5% |
| SASOL Financing USA LLC | 5.875% | 03/27/2024 | 0.5% |
| Abu Dhabi National Energy Co. | 4.875% | 04/23/2030 | 0.5% |
| Zenith Bank plc | 6.250% | 04/22/2019 | 0.5% |
| Grupo de Inversiones Suramericana SA | 5.500% | 04/29/2026 | 0.5% |
| REC Ltd | 5.250% | 11/13/2023 | 0.5% |
| Cemex Finance LLC | 6.000% | 04/01/2024 | 0.5% |
| SK Telecom Co. Ltd. | 3.750% | 04/16/2023 | 0.5% |
| Gruma SAB de CV | 4.875% | 12/01/2024 | 0.5% |
| ABJA Investment Co. Pte Ltd. | 5.950% | 07/31/2024 | 0.5% |
| China Oil & Gas Group Ltd. | 5.000% | 05/07/2020 | 0.5% |
| SABIC Capital II BV | 4.000% | 10/10/2023 | 0.5% |
| Latam Finance Ltd. | 6.875% | 04/11/2024 | 0.5% |
| Aeropuerto Internacional de Tocumen SA | 6.000% | 11/18/2048 | 0.5% |
| MAF Sukuk Ltd. | 4.500% | 11/03/2025 | 0.5% |
| Swire Properties MTN Financing Ltd. | 3.625% | 01/13/2026 | 0.5% |
| Bank of China Ltd./Hong Kong | 3.875% | 06/30/2025 | 0.5% |
| China Overseas Finance Cayman V Ltd. | 3.950% | 11/15/2022 | 0.5% |
| Abu Dhabi National Energy Co. | 3.625% | 01/12/2023 | 0.5% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 0.5% |
| ADCB Finance Cayman Ltd. | 4.000% | 03/29/2023 | 0.5% |
| Development Bank of Mongolia LLC | 7.250% | 10/23/2023 | 0.5% |
| China Cinda Finance 2017 I Ltd | 4.100% | 03/09/2024 | 0.4% |
| Tencent Holdings Ltd. | 3.800% | 02/11/2025 | 0.4% |
| Gas Natural de Lima y Callao S.A. | 4.375% | 04/01/2023 | 0.4% |
| National Savings Bank | 5.150% | 09/10/2019 | 0.4% |
| Shinhan Bank | 2.250% | 04/15/2020 | 0.4% |
| Axis Bank Ltd./Dubai | 3.250% | 05/21/2020 | 0.4% |
| Bank of India | 3.125% | 05/06/2020 | 0.4% |
| CNAC HK Finbridge Co Ltd | 3.500% | 07/19/2022 | 0.4% |
| Industrial Bank of Korea | 2.000% | 04/23/2020 | 0.4% |
| Eskom Holdings SOC Ltd. | 6.350% | 08/10/2028 | 0.4% |
| GNL Quintero SA | 4.634% | 07/31/2029 | 0.4% |
| Peru LNG Srl | 5.375% | 03/22/2030 | 0.4% |
| E.CL SA | 4.500% | 01/29/2025 | 0.4% |
| Myriad International Holdings BV | 4.850% | 07/06/2027 | 0.4% |
| WTT Investment Ltd/Hong Kong | 5.500% | 11/21/2022 | 0.4% |
| Nigeria Government International Bond | 9.248% | 01/21/2049 | 0.4% |
| Delhi International Airport Pvt Ltd | 6.125% | 10/31/2026 | 0.4% |
| Petroleos del Peru SA | 5.625% | 06/19/2047 | 0.4% |
| Alibaba Group Holding Ltd. | 3.600% | 11/28/2024 | 0.4% |
| Turkiye Halk Bankasi AS | 4.750% | 06/04/2019 | 0.4% |
| Turkiye Sise ve Cam Fabrikalari AS | 4.250% | 05/09/2020 | 0.4% |
| VM Holding SA | 5.375% | 05/04/2027 | 0.4% |
| Emirates Telecommunications Corp. | 3.500% | 06/18/2024 | 0.4% |
| CK Hutchison International 17 Ltd | 3.500% | 04/05/2027 | 0.4% |
| Abu Dhabi Crude Oil Pipeline LLC | 4.600% | 11/02/2047 | 0.4% |
| Equate Petrochemical BV | 3.000% | 03/03/2022 | 0.4% |
| Lukoil International Finance BV | 4.750% | 11/02/2026 | 0.4% |
| CNOOC Finance (2015) U.S.A. LLC | 3.500% | 05/05/2025 | 0.4% |
| Qtel International Finance Ltd. | 3.875% | 01/31/2028 | 0.4% |
| Transportadora de Gas del Peru SA | 4.250% | 04/30/2028 | 0.4% |
| Banco do Brasil SA | 4.625% | 01/15/2025 | 0.4% |
| Yingde Gases Investment Ltd | 6.250% | 01/19/2023 | 0.4% |
| Aegea Finance Sarl | 5.750% | 10/10/2024 | 0.4% |
| Marble II Pte Ltd. | 5.300% | 06/20/2022 | 0.4% |
| Sigma Finance Netherlands BV | 4.875% | 03/27/2028 | 0.4% |
| NBK SPC Ltd. | 2.750% | 05/30/2022 | 0.4% |
| Indo Energy Finance II BV | 6.375% | 01/24/2023 | 0.4% |
| CNAC HK Finbridge Co Ltd | 4.125% | 07/19/2027 | 0.4% |
| Banistmo SA | 3.650% | 09/19/2022 | 0.4% |
| MMC Norilsk Nickel OJSC via MMC Finance Ltd. | 4.100% | 04/11/2023 | 0.4% |
| Huarong Finance 2017 Co Ltd | 4.500% | 01/24/2167 | 0.4% |
| Celeo Redes Operacion Chile SA | 5.200% | 06/22/2047 | 0.4% |
| Nemak S.A.B. de C.V. | 4.750% | 01/23/2025 | 0.4% |
| Pakuwon Prima Pte Ltd | 5.000% | 02/14/2024 | 0.4% |
| Emirates Semb Corp Water & Power Co PJSC | 4.450% | 08/01/2035 | 0.4% |
| China Evergrande Group | 6.250% | 06/28/2021 | 0.4% |
| KOC Holding AS | 5.250% | 03/15/2023 | 0.4% |
| Teva Pharmaceutical Finance Co. B.V. | 3.650% | 11/10/2021 | 0.4% |
| Huarong Finance II Co Ltd | 4.625% | 06/03/2026 | 0.4% |
| Geopark Ltd. | 6.500% | 09/21/2024 | 0.4% |
| Finansbank A.S. | 4.875% | 05/19/2022 | 0.4% |
| Phosagro OAO via Phosagro Bond Funding Ltd | 3.949% | 04/24/2023 | 0.4% |
| Eskom Holdings SOC Ltd. | 7.125% | 02/11/2025 | 0.4% |
| SURA Asset Management SA | 4.375% | 04/11/2027 | 0.4% |
| MHP S.A. | 7.750% | 05/10/2024 | 0.4% |
| Tengizchevroil Finance Co International Ltd | 4.000% | 08/15/2026 | 0.4% |
| Banco de Bogota SA | 4.375% | 08/03/2027 | 0.4% |
| Energuate Trust | 5.875% | 05/03/2027 | 0.4% |
| Grupo KUO SAB De CV | 5.750% | 07/07/2027 | 0.4% |
| Oztel Holdings SPC Ltd | 6.625% | 04/24/2028 | 0.4% |
| Press Metal Labuan Ltd | 4.800% | 10/30/2022 | 0.4% |
| Colbun S.A. | 3.950% | 10/11/2027 | 0.4% |
| Saka Energi Indonesia PT | 4.450% | 05/05/2024 | 0.4% |
| Greenko Dutch BV | 5.250% | 07/24/2024 | 0.4% |
| Halcyon Agri Corp Ltd | 4.500% | 10/26/2099 | 0.4% |
| Greenko Investment Co | 4.875% | 08/16/2023 | 0.4% |
| Minejesa Capital BV | 4.625% | 08/10/2030 | 0.4% |
| Adani Ports & Special Economic Zone Ltd | 4.000% | 07/30/2027 | 0.4% |
| SACI Falabella | 3.750% | 10/30/2027 | 0.4% |
| Banco de Credito e Inversiones | 3.500% | 10/12/2027 | 0.4% |
| Rede D'or Finance Sarl | 4.950% | 01/17/2028 | 0.4% |
| Turkiye Vakiflar Bankasi Tao | 5.750% | 01/30/2023 | 0.4% |
| Stoneway Capital Corp | 10.000% | 03/01/2027 | 0.4% |
| Autopistas del Sol SA/Costa Rica | 7.375% | 12/30/2030 | 0.4% |
| Intercorp Financial Services Inc | 4.125% | 10/19/2027 | 0.4% |
| Egypt Government International Bond | 7.903% | 02/21/2048 | 0.4% |
| Mexichem SAB de CV | 5.500% | 01/15/2048 | 0.4% |
| Tupras Turkiye Petrol Rafine | 4.500% | 10/18/2024 | 0.4% |
| Arcor | 6.000% | 07/06/2023 | 0.4% |
| MHP Lux SA | 6.950% | 04/03/2026 | 0.4% |
| BRF GmbH | 4.350% | 09/29/2026 | 0.4% |
| Pampa Energia SA | 7.500% | 01/24/2027 | 0.4% |
| Banco do Brasil SA | 6.250% | 01/31/2163 | 0.4% |
| Nakilat, Inc. | 6.267% | 12/31/2033 | 0.4% |
| First Quantum Minerals Ltd. | 7.500% | 04/01/2025 | 0.4% |
| China Evergrande Group | 8.750% | 06/28/2025 | 0.4% |
| GMR Hyderabad International Airport Ltd | 4.250% | 10/27/2027 | 0.4% |
| Infraestructura Energetica Nova SAB de CV | 4.875% | 01/14/2048 | 0.4% |
| Vale Overseas Ltd. | 6.875% | 11/10/2039 | 0.4% |
| BanColombia SA | 5.950% | 06/03/2021 | 0.4% |
| Banco Regional SAECA | 8.125% | 01/24/2019 | 0.4% |
| CSN Resources SA | 6.500% | 07/21/2020 | 0.3% |
| Samarco Mineracao S.A. | 4.125% | 11/01/2022 | 0.3% |
| Terraform Global Operating LLC | 6.125% | 03/01/2026 | 0.3% |
| AngloGold Ashanti Holdings plc | 6.500% | 04/15/2040 | 0.3% |
| Grupo Televisa SAB | 6.625% | 01/15/2040 | 0.3% |
| Kaisa Group Holdings Ltd. | 9.375% | 06/30/2024 | 0.3% |
| Eterna Capital Pte Ltd | 7.500% | 12/11/2022 | 0.3% |
| Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 0.3% |
| Emirates Airline | 4.500% | 02/06/2025 | 0.3% |
| Rio Energy SA / UGEN SA / UENSA SA | 6.875% | 02/01/2025 | 0.3% |
| Ras Laffan Liquefied Natural Gas Co., Ltd. | 5.298% | 09/30/2020 | 0.3% |
| Bangkok Bank Public Co. Ltd. | 4.800% | 10/18/2020 | 0.2% |
| IRSA Propiedades Comerciales SA | 8.750% | 03/23/2023 | 0.2% |
| Guanay Finance Ltd. | 6.000% | 12/15/2020 | 0.2% |
| Barminco Finance Pty Ltd. | 6.625% | 05/15/2022 | 0.1% |
| Vale Overseas Ltd. | 6.250% | 08/10/2026 | 0.1% |
| Yum! Brands, Inc. | 5.350% | 11/01/2043 | 0.1% |
| Vedanta Ltd | 0.000% | - | 0.1% |
| US ULTRA BOND CBT MAR19 | 0.000% | 03/29/2019 | 0.0% |
| US LONG BOND(CBT) MAR19 | 0.000% | 03/29/2019 | 0.0% |
| US 10YR NOTE (CBT)MAR19 | 0.000% | 03/29/2019 | 0.0% |
| US 10YR ULTRA FUT MAR19 | 0.000% | 03/29/2019 | 0.0% |
| US 2YR NOTE (CBT) MAR19 | 0.000% | 04/03/2019 | 0.0% |
| US 5YR NOTE (CBT) MAR19 | 0.000% | 04/03/2019 | 0.0% |
| Credit Index Swap | 1.000% | 12/20/2023 | 0.0% |
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
- YTD Dividends Paidas of 02/15/2019
- $0.059
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| Daily | Daily | 01/31/2019 | $0.05994 | $14.70 |
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 | 02/28/2019 |
| 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
| Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
|---|---|---|---|---|---|
| 07/30/2018 | 07/31/2018 | - | $0.0292 | $0.0292 | $14.77 |
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 |
|---|---|
| 07/30/2019 | 07/31/2019 |
Fees & Expenses
Fees & Expenses
Expense Ratioas of 01/31/2019
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 1.35% | 0.85% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 04/30/2019. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
Download fund documents & literature, create email subscriptions, and place direct mail order
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Summary Prospectus
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Statutory Prospectus
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Prospectus (XBRL)
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SAI
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Annual Report
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Semi-Annual Report
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Fact Sheet
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Commentary
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Flyer
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Capital Markets Presentation
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