LCDRX | Emerging Markets Corporate Debt Fund Class R3 | Lord Abbett

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(as of 12/05/2015)

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Emerging Markets Corporate Debt Fund

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

Dividend Yield 1 as of 01/21/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.52% 3.10%

30-Day Standardized Yield 2 as of 12/31/2021  

  Subsidized5 Un-Subsidized6
w/o sales charge 3.07% 2.83%

Fund Basicsas of 12/31/2021

Total Net Assets
$78.98 M
Inception Date
12/31/2013
Dividend Frequency
Monthly
Fund Gross Expense Ratio
1.77%
Fund Net Expense Ratio
1.35%
Number of Holdings
274

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge -0.68% -0.68% 5.87% 4.50% - 5.06%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds -3.07% -3.07% 5.10% 4.00% - -
J.P. Morgan CEMBI Broad Diversified Index 0.91% 0.91% 6.93% 5.36% - 5.32%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge -0.68% -0.68% 5.87% 4.50% - 5.06%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds -3.07% -3.07% 5.10% 4.00% - -
J.P. Morgan CEMBI Broad Diversified Index 0.91% 0.91% 6.93% 5.36% - 5.32%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

RELATED CONTENT

Green Shoots: ESG in Emerging Markets
December 2, 2021

In this episode of Green Shoots, Annika Lombardi discusses the emerging markets landscape with Portfolio Manager Mila Skulkina through an ESG lens.

Country Assets
India
China
Mexico
United Arab Emirates
Colombia
Brazil
Chile
Turkey
Russia
South Korea
Qatar
Peru
Indonesia
Israel
Saudi Arabia
Thailand
Kuwait
United States
Panama
South Africa
Ukraine
Singapore
Macau
Argentina
Ghana
Oman
Kazakhstan
Morocco
United Kingdom
Hong Kong
Philippines
Paraguay
Vietnam
Dominican Republic
Jamaica
Guatemala
Bahrain
Supra-National
Tanzania
Nigeria
Netherlands
Taiwan
Zambia
Luxembourg
Poland
Malaysia
Costa Rica
Georgia
Sri Lanka
Egypt
Canada
Cash
Region Assets
Asia
Latin America
Middle East/Africa
Europe
North America
Other

Credit Quality Distribution as of 12/31/2021 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

20 Years of Industry Experience

Mila Skulkina
Mila Skulkina, CFA

Portfolio Manager

20 Years of Industry Experience

Supported By 65 Investment Professionals with 16 Years Avg. Industry Experience

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Performance

Performance

Dividend Yield 1 as of 01/21/2022  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.52% 3.10%

30-Day Standardized Yield 2 as of 12/31/2021  

  Subsidized5 Un-Subsidized6
w/o sales charge 3.07% 2.83%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge -0.68% -0.68% 5.87% 4.50% - 5.06%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds -3.07% -3.07% 5.10% 4.00% - -
J.P. Morgan CEMBI Broad Diversified Index 0.91% 0.91% 6.93% 5.36% - 5.32%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge -0.68% -0.68% 5.87% 4.50% - 5.06%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds -3.07% -3.07% 5.10% 4.00% - -
J.P. Morgan CEMBI Broad Diversified Index 0.91% 0.91% 6.93% 5.36% - 5.32%

Fund Expense Ratio :

Gross 1.77%

Net 1.35%

Year Fund Returns J.P. Morgan CEMBI Broad Diversified Index
2021 -0.68% 0.91%
2020 5.46% 7.13%
2019 13.31% 13.09%
2018 -3.53% -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
2021 -1.72% 1.76% 0.30% -0.99% -0.68%
2020 -13.11% 12.02% 2.77% 5.43% 5.46%
2019 5.41% 3.52% 1.31% 2.49% 13.31%
2018 -1.51% -2.91% 1.63% -0.73% -3.53%
2017 3.41% 1.75% 2.71% 0.72% 8.84%
2016 4.43% 3.65% 2.86% -1.94% 9.18%
2015 2.19% 1.02% -1.52% 0.32% 1.98%
2014 2.80% 4.81% 0.35% -1.07% 6.97%
2013 - - - - 0.01%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Corporate
Investment Grade 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 12/31/2021

Rating Assets
AA
A
BBB
<BBB
Not Rated

Portfolio Details as of 12/31/2021

Total Net Assets
$78.98 M
Number of Issues
274
Average Coupon
4.53%
Average Life
8.22 Years
Average Maturity
8.94 Years
Average Modified Duration
5.19 Years

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 01/21/2022
$0
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 12/31/2021 $0.04363 $15.14
Daily Daily 11/30/2021 $0.04312 $15.10
Daily Daily 10/31/2021 $0.04003 $15.31
Daily Daily 09/30/2021 $0.04347 $15.42
Daily Daily 08/31/2021 $0.04034 $15.56
Daily Daily 07/31/2021 $0.04276 $15.47
Daily Daily 06/30/2021 $0.04513 $15.50
Daily Daily 05/31/2021 $0.04713 $15.46
Daily Daily 04/30/2021 $0.04784 $15.40
Daily Daily 03/31/2021 $0.04693 $15.37
Daily Daily 02/28/2021 $0.04769 $15.61
Daily Daily 01/31/2021 $0.04528 $15.70

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 01/31/2022
Daily Daily 02/28/2022
Daily Daily 03/31/2022
Daily Daily 04/30/2022
Daily Daily 05/31/2022
Daily Daily 06/30/2022
Daily Daily 07/31/2022
Daily Daily 08/31/2022
Daily Daily 09/30/2022
Daily Daily 10/31/2022
Daily Daily 11/30/2022
Daily Daily 12/31/2022

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

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
07/27/2022 07/28/2022

Fees & Expenses

Fees & Expenses

Expense Ratioas of 12/31/2021

Fund Gross Expense Ratio Fund Net Expense Ratio
1.77% 1.35%

Fund Documents

Fund Documents

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