Emerging Markets Corporate Debt Fund
Daily price w/o sales charge as of 05/29/2020
$14.48
$0.00
YTD Returns w/o sales charge as of 05/29/2020
-5.17%
Overall Morningstar RatingsEmerging Markets Bond
as of 04/30/2020
Morningstar rated the Lord Abbett Emerging Markets Corporate Debt Fund class A share 4 and 4 stars among 234 and 179 Emerging Markets Bond Funds for the overall rating and the 3 and 5 year periods ended 4/30/2020, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Dividend Yield 1 as of 05/29/2020
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.37% | 3.80% |
| w/ sales charge | 4.27% | 3.71% |
30-Day Standardized Yield 2 as of 04/30/2020
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 5.25% | 4.74% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Expense Ratioas of 04/30/2020
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 04/30/2021. 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 Basicsas of 04/30/2020
- Total Net Assets
- $54.30 M
- Inception Date
- 12/31/2013
- Dividend Frequency
- Monthly (Daily Accrual)
- Number of Holdings
- 217
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -9.06% | -2.86% | 1.12% | 2.89% | - | 3.97% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -12.49% | -6.71% | -0.71% | 1.47% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -6.49% | -0.21% | 2.54% | 3.68% | - | 4.35% |
| w/ sales charge | -11.12% | -5.02% | 0.35% | 2.42% | - | 3.60% |
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -12.98% | -6.26% | 0.02% | 2.34% | - | 3.29% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -15.04% | -9.16% | -1.25% | 1.32% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -10.17% | -3.39% | 1.56% | 3.20% | - | 3.74% |
| w/ sales charge | -14.95% | -8.35% | -0.73% | 1.87% | - | 2.92% |
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
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 for future results.
| Country | Assets |
|---|---|
| China | |
| Brazil | |
| United Arab Emirates | |
| Turkey | |
| Mexico | |
| Colombia | |
| India | |
| Russia | |
| Chile | |
| Peru | |
| Saudi Arabia | |
| Israel | |
| Panama | |
| Ukraine | |
| South Korea | |
| Indonesia | |
| United States | |
| Hong Kong | |
| Qatar | |
| Thailand | |
| South Africa | |
| Argentina | |
| Macau | |
| Kuwait | |
| Vietnam | |
| Oman | |
| Kazakhstan | |
| Zambia | |
| Paraguay | |
| Singapore | |
| Nigeria | |
| Morocco | |
| Spain | |
| Luxembourg | |
| Netherlands | |
| United Kingdom | |
| Mongolia | |
| Costa Rica | |
| Portugal | |
| Australia | |
| Cash |
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 |
|---|---|
| Asia | |
| Latin America | |
| Europe | |
| Middle East/Africa | |
| North America |
Credit Quality Distribution as of 04/30/2020 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 05/29/2020
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.37% | 3.80% |
| w/ sales charge | 4.27% | 3.71% |
30-Day Standardized Yield 2 as of 04/30/2020
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 5.25% | 4.74% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -9.06% | -2.86% | 1.12% | 2.89% | - | 3.97% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -12.49% | -6.71% | -0.71% | 1.47% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -6.49% | -0.21% | 2.54% | 3.68% | - | 4.35% |
| w/ sales charge | -11.12% | -5.02% | 0.35% | 2.42% | - | 3.60% |
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -12.98% | -6.26% | 0.02% | 2.34% | - | 3.29% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -15.04% | -9.16% | -1.25% | 1.32% | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -10.17% | -3.39% | 1.56% | 3.20% | - | 3.74% |
| w/ sales charge | -14.95% | -8.35% | -0.73% | 1.87% | - | 2.92% |
Fund Expense Ratio :
Gross 1.62%
Net 1.05%
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 for future results.
| Year | Fund Returns | J.P. Morgan CEMBI Broad Diversified Index |
|---|
| 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% |
| 2013 | 0.01% | -0.60% |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2020 | -12.98% | - | - | - | -5.15% |
| 2019 | 5.41% | 3.59% | 1.39% | 2.57% | 13.56% |
| 2018 | -1.49% | -3.03% | 1.58% | -0.71% | -3.65% |
| 2017 | 3.28% | 1.76% | 2.59% | 0.67% | 8.54% |
| 2016 | 4.37% | 3.59% | 2.81% | -1.93% | 9.03% |
| 2015 | 2.14% | 0.96% | -1.58% | 0.27% | 1.77% |
| 2014 | 2.75% | 4.76% | 0.30% | -1.12% | 6.76% |
| 2013 | - | - | - | - | 0.01% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 03/31/2020
The chart begins on the Fund's inception date of 12/31/2013.
Based on a hypothetical Class A share investment of $10,000 on 12/31/2013 without sales charge and includes the reinvestment of all distributions.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Rating | Assets |
|---|---|
| Investment Grade Corporate | |
| High Yield 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 04/30/2020
| 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 04/30/2020
- Total Net Assets
- $54.30 M
- Number of Issues
- 217
- Average Coupon
- 5.29%
- Average Life
- 9.02 Years
- Average Maturity
- 8.89 Years
- Average Modified Duration
- 5.9 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 |
|---|
| Ronshine China Holdings Ltd | 8.750% | 10/25/2022 | 1.1% |
| JBS Investments II GmbH | 5.750% | 01/15/2028 | 1.1% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 1.1% |
| Adani Transmission Ltd | 4.000% | 08/03/2026 | 1.0% |
| Mong Duong Finance Holdings BV | 5.125% | 05/07/2029 | 1.0% |
| Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 1.0% |
| Oztel Holdings SPC Ltd | 6.625% | 04/24/2028 | 0.9% |
| MHP Lux SA | 6.250% | 09/19/2029 | 0.9% |
| Sunac China Holdings Ltd | 7.875% | 02/15/2022 | 0.9% |
| Global Bank Corp. | 5.250% | 04/16/2029 | 0.9% |
| Holding | Coupon | Maturity | Assets |
|---|
| China Evergrande Group | 10.000% | 04/11/2023 | 1.2% |
| JBS Investments II GmbH | 5.750% | 01/15/2028 | 1.1% |
| Ronshine China Holdings Ltd | 8.750% | 10/25/2022 | 1.1% |
| Global Bank Corp. | 5.250% | 04/16/2029 | 1.0% |
| Adani Transmission Ltd | 4.000% | 08/03/2026 | 1.0% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 1.0% |
| MHP Lux SA | 6.250% | 09/19/2029 | 0.9% |
| Mong Duong Finance Holdings BV | 5.125% | 05/07/2029 | 0.9% |
| Sberbank of Russia Via SB Capital S.A. | 5.250% | 05/23/2023 | 0.9% |
| Oztel Holdings SPC Ltd | 6.625% | 04/24/2028 | 0.9% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.8% |
| Woori Bank | 4.750% | 04/30/2024 | 0.8% |
| Bank of China Ltd. | 5.000% | 11/13/2024 | 0.8% |
| Tencent Holdings Ltd. | 3.800% | 02/11/2025 | 0.8% |
| CNOOC Finance (2015) U.S.A. LLC | 3.500% | 05/05/2025 | 0.8% |
| Abu Dhabi National Energy Co. | 4.875% | 04/23/2030 | 0.8% |
| Petrobras Global Finance BV | 5.093% | 01/15/2030 | 0.8% |
| Turkiye Vakiflar Bankasi Tao | 6.000% | 11/01/2022 | 0.8% |
| Akbank TAS | 5.000% | 10/24/2022 | 0.8% |
| Bank of China Hong Kong Ltd | 5.900% | 09/14/2168 | 0.8% |
| MGM China Holdings Ltd | 5.875% | 05/15/2026 | 0.8% |
| MMC Norilsk Nickel OJSC via MMC Finance Ltd. | 4.100% | 04/11/2023 | 0.8% |
| Qtel International Finance Ltd. | 3.875% | 01/31/2028 | 0.8% |
| Saudi Arabian Oil Co | 4.375% | 04/16/2049 | 0.8% |
| Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 0.8% |
| Weibo Corp. | 3.500% | 07/05/2024 | 0.8% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 0.8% |
| Gas Natural de Lima y Callao S.A. | 4.375% | 04/01/2023 | 0.8% |
| Abu Dhabi Crude Oil Pipeline LLC | 4.600% | 11/02/2047 | 0.8% |
| MCE Finance Ltd. | 5.375% | 12/04/2029 | 0.7% |
| E.CL SA | 4.500% | 01/29/2025 | 0.7% |
| YPF S.A. | 6.950% | 07/21/2027 | 0.7% |
| First Quantum Minerals Ltd. | 7.500% | 04/01/2025 | 0.7% |
| Banco do Brasil SA | 4.625% | 01/15/2025 | 0.7% |
| Millicom International Cellular S.A. | 6.625% | 10/15/2026 | 0.7% |
| Qtel International Finance Ltd. | 3.250% | 02/21/2023 | 0.7% |
| Celeo Redes Operacion Chile SA | 5.200% | 06/22/2047 | 0.7% |
| Metropolitan Light Co Ltd | 5.500% | 11/21/2022 | 0.7% |
| Tengizchevroil Finance Co International Ltd | 4.000% | 08/15/2026 | 0.7% |
| BBVA Bancomer SA | 5.125% | 01/18/2033 | 0.7% |
| Country Garden Holdings Co. Ltd. | 4.750% | 01/17/2023 | 0.7% |
| Telefonica Celular del Paraguay SA | 5.875% | 04/15/2027 | 0.7% |
| Yingde Gases Investment Ltd | 6.250% | 01/19/2023 | 0.7% |
| Finansbank A.S. | 6.875% | 09/07/2024 | 0.7% |
| Banistmo SA | 3.650% | 09/19/2022 | 0.7% |
| KOC Holding AS | 5.250% | 03/15/2023 | 0.7% |
| NBM US Holdings Inc | 6.625% | 08/06/2029 | 0.7% |
| Minerva Luxembourg SA | 5.875% | 01/19/2028 | 0.7% |
| Industrias Penoles SAB de CV | 5.650% | 09/12/2049 | 0.7% |
| Listrindo Capital BV | 4.950% | 09/14/2026 | 0.7% |
| Adani Ports & Special Economic Zone Ltd | 4.375% | 07/03/2029 | 0.7% |
| Petrobras Global Finance BV | 7.250% | 03/17/2044 | 0.7% |
| Eskom Holdings SOC Ltd. | 5.750% | 01/26/2021 | 0.6% |
| Cemex, S.A.B. de C.V. | 5.450% | 11/19/2029 | 0.6% |
| Kaisa Group Holdings Ltd. | 9.375% | 06/30/2024 | 0.6% |
| BBVA Bancomer SA | 4.375% | 04/10/2024 | 0.6% |
| DP World Ltd. | 6.850% | 07/02/2037 | 0.6% |
| Banco de Bogota SA | 6.250% | 05/12/2026 | 0.6% |
| Nigeria Government International Bond | 6.500% | 11/28/2027 | 0.5% |
| NBK Tier 1 Financing 2 Ltd | 4.500% | 11/27/2169 | 0.5% |
| CSN Resources SA | 7.625% | 02/13/2023 | 0.5% |
| Theta Capital Pte Ltd. | 6.750% | 10/31/2026 | 0.5% |
| Ecopetrol S.A. | 5.875% | 05/28/2045 | 0.5% |
| Wynn Macau Ltd. | 5.500% | 10/01/2027 | 0.5% |
| GUSAP III LP | 4.250% | 01/21/2030 | 0.5% |
| Southern Copper Corp. | 5.875% | 04/23/2045 | 0.5% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.5% |
| Teva Pharmaceutical Finance Netherlands III BV | 6.000% | 04/15/2024 | 0.5% |
| OJSC Novolipetsk Steel via Steel Funding Ltd. | 4.000% | 09/21/2024 | 0.5% |
| Cemig Geracao e Transmissao SA | 9.250% | 12/05/2024 | 0.5% |
| Akbank TAS | 6.797% | 04/27/2028 | 0.5% |
| PTTEP Treasury Center Co Ltd | 2.993% | 01/15/2030 | 0.4% |
| Itau Unibanco Holding SA (Cayman Islands) | 4.500% | 11/21/2029 | 0.4% |
| Teva Pharmaceutical Finance Netherlands III BV | 2.800% | 07/21/2023 | 0.4% |
| America Movil SAB de CV | 4.375% | 04/22/2049 | 0.4% |
| OCP S.A. | 6.875% | 04/25/2044 | 0.4% |
| Bangkok Bank Public Co. Ltd. | 5.000% | 10/03/2023 | 0.4% |
| Aeropuerto Internacional de Tocumen SA | 6.000% | 11/18/2048 | 0.4% |
| Swire Properties MTN Financing Ltd. | 3.625% | 01/13/2026 | 0.4% |
| Altice France Holding SA | 10.500% | 05/15/2027 | 0.4% |
| Vale Overseas Ltd. | 6.250% | 08/10/2026 | 0.4% |
| China Cinda Finance 2017 I Ltd | 4.400% | 03/09/2027 | 0.4% |
| Alfa Bank OJSC Via Alfa Bond Issuance plc | 6.950% | 01/30/2168 | 0.4% |
| SK Telecom Co. Ltd. | 3.750% | 04/16/2023 | 0.4% |
| CK Hutchison International 17 Ltd | 3.500% | 04/05/2027 | 0.4% |
| Korea Exchange Bank | 4.375% | 09/30/2024 | 0.4% |
| China Cinda Finance 2017 I Ltd | 4.100% | 03/09/2024 | 0.4% |
| Alfa Bank OJSC Via Alfa Bond Issuance plc | 7.750% | 04/28/2021 | 0.4% |
| Kazakhstan Temir Zholy Finance BV | 6.950% | 07/10/2042 | 0.4% |
| Sinopec Group Overseas Development 2018 Ltd | 2.950% | 11/12/2029 | 0.4% |
| CNAC HK Finbridge Co Ltd | 4.125% | 07/19/2027 | 0.4% |
| Sberbank of Russia Via SB Capital S.A. | 6.125% | 02/07/2022 | 0.4% |
| Emirates Semb Corp Water & Power Co PJSC | 4.450% | 08/01/2035 | 0.4% |
| Summer BidCo BV | 9.000% | 11/15/2025 | 0.4% |
| Banco Internacional del Peru | 3.250% | 10/04/2026 | 0.4% |
| Lukoil International Finance BV | 4.750% | 11/02/2026 | 0.4% |
| JD.com, Inc. | 4.125% | 01/14/2050 | 0.4% |
| Emirates Telecommunications Corp. | 3.500% | 06/18/2024 | 0.4% |
| Itau Unibanco Holding SA (Cayman Islands) | 4.625% | 02/27/2170 | 0.4% |
| Power Finance Corp Ltd | 6.150% | 12/06/2028 | 0.4% |
| Turkiye Garanti Bankasi AS | 6.125% | 05/24/2027 | 0.4% |
| Energuate Trust | 5.875% | 05/03/2027 | 0.4% |
| Fresnillo plc | 5.500% | 11/13/2023 | 0.4% |
| Dolphin Energy Ltd. | 5.500% | 12/15/2021 | 0.4% |
| Longfor Properties Co. Ltd. | 4.500% | 01/16/2028 | 0.4% |
| Turkiye Sise ve Cam Fabrikalari AS | 4.250% | 05/09/2020 | 0.4% |
| JBS Investments II GmbH | 7.000% | 01/15/2026 | 0.4% |
| SABIC Capital II BV | 4.000% | 10/10/2023 | 0.4% |
| Phosagro OAO via Phosagro Bond Funding Ltd | 3.949% | 04/24/2023 | 0.4% |
| MAF Sukuk Ltd. | 4.500% | 11/03/2025 | 0.4% |
| Saudi Arabian Oil Co | 3.500% | 04/16/2029 | 0.4% |
| Abu Dhabi National Energy Co. | 3.625% | 01/12/2023 | 0.4% |
| BBVA Banco Continental S.A. | 5.000% | 08/26/2022 | 0.4% |
| Shimao Property Holdings Ltd. | 4.750% | 07/03/2022 | 0.4% |
| NBK SPC Ltd. | 2.750% | 05/30/2022 | 0.4% |
| ADCB Finance Cayman Ltd. | 4.000% | 03/29/2023 | 0.4% |
| Huarong Finance 2019 Co Ltd | 3.875% | 11/13/2029 | 0.4% |
| Grupo de Inversiones Suramericana SA | 5.500% | 04/29/2026 | 0.4% |
| KazMunayGas National Co. | 4.750% | 04/19/2027 | 0.4% |
| BOC Aviation Ltd | 3.000% | 09/11/2029 | 0.4% |
| PTTEP Treasury Center Co Ltd | 3.903% | 12/06/2059 | 0.4% |
| Huarong Finance 2017 Co Ltd | 4.500% | 01/24/2167 | 0.4% |
| POSCO | 2.500% | 01/17/2025 | 0.4% |
| Chinalco Capital Holdings Ltd | 4.000% | 08/25/2021 | 0.4% |
| Transportadora de Gas del Peru SA | 4.250% | 04/30/2028 | 0.4% |
| Banco Santander Chile | 2.700% | 01/10/2025 | 0.4% |
| Sunac China Holdings Ltd | 7.875% | 02/15/2022 | 0.4% |
| Banco de Credito e Inversiones | 3.500% | 10/12/2027 | 0.4% |
| Prosus NV | 4.850% | 07/06/2027 | 0.4% |
| Equate Petrochemical BV | 3.000% | 03/03/2022 | 0.4% |
| GNL Quintero SA | 4.634% | 07/31/2029 | 0.4% |
| AI Candelaria Spain SLU | 7.500% | 12/15/2028 | 0.4% |
| Klabin Austria GmbH | 7.000% | 04/03/2049 | 0.4% |
| MDC-GMTN BV | 2.875% | 11/07/2029 | 0.4% |
| Aegea Finance Sarl | 5.750% | 10/10/2024 | 0.4% |
| Finansbank A.S. | 4.875% | 05/19/2022 | 0.4% |
| Trust F/1401 | 6.390% | 01/15/2050 | 0.4% |
| Abu Dhabi National Energy Co. | 4.000% | 10/03/2049 | 0.4% |
| Bharti Airtel Ltd | 4.375% | 06/10/2025 | 0.4% |
| Banco del Estado de Chile | 2.704% | 01/09/2025 | 0.4% |
| MDC-GMTN BV | 3.700% | 11/07/2049 | 0.4% |
| Bank Leumi Le-Israel BM | 3.275% | 01/29/2031 | 0.4% |
| SURA Asset Management SA | 4.375% | 04/11/2027 | 0.4% |
| Abu Dhabi Government International Bond | 3.125% | 09/30/2049 | 0.4% |
| Country Garden Holdings Co. Ltd. | 5.125% | 01/17/2025 | 0.3% |
| Acwa Power Management And Investments One Ltd | 5.950% | 12/15/2039 | 0.3% |
| Rede D'or Finance Sarl | 4.950% | 01/17/2028 | 0.3% |
| Turkiye Sise ve Cam Fabrikalari AS | 6.950% | 03/14/2026 | 0.3% |
| Prosus NV | 3.680% | 01/21/2030 | 0.3% |
| Marble II Pte Ltd. | 5.300% | 06/20/2022 | 0.3% |
| Minejesa Capital BV | 4.625% | 08/10/2030 | 0.3% |
| BanColombia SA | 3.000% | 01/29/2025 | 0.3% |
| MARB BondCo PLC | 7.000% | 03/15/2024 | 0.3% |
| Development Bank of Mongolia LLC | 7.250% | 10/23/2023 | 0.3% |
| Centrais Eletricas Brasileiras SA | 3.625% | 02/04/2025 | 0.3% |
| BanColombia SA | 4.625% | 12/18/2029 | 0.3% |
| Pampa Energia SA | 9.125% | 04/15/2029 | 0.3% |
| Tupras Turkiye Petrol Rafine | 4.500% | 10/18/2024 | 0.3% |
| Bangkok Bank Public Co. Ltd. | 3.733% | 09/25/2034 | 0.3% |
| Cable Onda SA | 4.500% | 01/30/2030 | 0.3% |
| Intercorp Peru Ltd | 3.875% | 08/15/2029 | 0.3% |
| Jindal Stendal 6319 | 0.000% | 03/31/2022 | 0.3% |
| Terraform Global Operating LLC | 6.125% | 03/01/2026 | 0.3% |
| Mexichem SAB de CV | 5.500% | 01/15/2048 | 0.3% |
| Thaioil Treasury Center Co Ltd | 3.500% | 10/17/2049 | 0.3% |
| Delhi International Airport Pvt Ltd | 6.125% | 10/31/2026 | 0.3% |
| Eskom Holdings SOC Ltd. | 8.450% | 08/10/2028 | 0.3% |
| Rede D'or Finance Sarl | 4.500% | 01/22/2030 | 0.3% |
| HT Global IT Solutions Holdings Ltd | 7.000% | 07/14/2021 | 0.3% |
| Turkiye Sinai Kalkinma Bankasi AS | 6.000% | 01/23/2025 | 0.3% |
| Minera Mexico SA de CV | 4.500% | 01/26/2050 | 0.3% |
| Empresas Publicas de Medellin ESP | 4.250% | 07/18/2029 | 0.3% |
| Eskom Holdings SOC Ltd. | 6.350% | 08/10/2028 | 0.3% |
| Nakilat, Inc. | 6.267% | 12/31/2033 | 0.3% |
| Autopistas del Sol SA/Costa Rica | 7.375% | 12/30/2030 | 0.3% |
| Power Finance Corp Ltd | 3.950% | 04/23/2030 | 0.3% |
| Turkiye Vakiflar Bankasi Tao | 5.250% | 02/05/2025 | 0.3% |
| MHP Lux SA | 6.950% | 04/03/2026 | 0.3% |
| Greenko Solar Mauritius Ltd | 5.950% | 07/29/2026 | 0.3% |
| Pertamina Persero PT | 4.150% | 02/25/2060 | 0.3% |
| Greenko Investment Co | 4.875% | 08/16/2023 | 0.3% |
| Republic of Turkey | 5.250% | 03/13/2030 | 0.3% |
| GMR Hyderabad International Airport Ltd | 4.250% | 10/27/2027 | 0.3% |
| VM Holding SA | 5.375% | 05/04/2027 | 0.3% |
| Sociedad Quimica y Minera de Chile S.A. | 4.250% | 01/22/2050 | 0.3% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.3% |
| Grupo Televisa SAB | 6.625% | 01/15/2040 | 0.3% |
| DP World Ltd. | 4.700% | 09/30/2049 | 0.3% |
| Nemak S.A.B. de C.V. | 4.750% | 01/23/2025 | 0.3% |
| Grupo KUO SAB De CV | 5.750% | 07/07/2027 | 0.3% |
| Indika Energy Capital III Pte Ltd | 5.875% | 11/09/2024 | 0.3% |
| Arcor | 6.000% | 07/06/2023 | 0.3% |
| Hunt Oil Co of Peru LLC Sucursal Del Peru | 6.375% | 06/01/2028 | 0.3% |
| AngloGold Ashanti Holdings plc | 6.500% | 04/15/2040 | 0.3% |
| CSN Resources SA | 7.625% | 04/17/2026 | 0.3% |
| Pampa Energia SA | 7.500% | 01/24/2027 | 0.3% |
| Petrobras Global Finance BV | 6.900% | 03/19/2049 | 0.2% |
| GDS Holdings Ltd | 2.000% | 06/01/2025 | 0.2% |
| Geopark Ltd. | 5.500% | 01/17/2027 | 0.2% |
| Latam Finance Ltd. | 7.000% | 03/01/2026 | 0.2% |
| Ctrip.com International Ltd. | 1.000% | 07/01/2020 | 0.2% |
| YPF Energia Electrica SA | 10.000% | 07/25/2026 | 0.2% |
| Weibo Corp. | 1.250% | 11/15/2022 | 0.2% |
| Transportes Aereos Portugueses SA | 5.625% | 12/02/2024 | 0.1% |
| Barminco Finance Pty Ltd. | 6.625% | 05/15/2022 | 0.1% |
| Petroleos Mexicanos | 4.875% | 01/18/2024 | 0.1% |
| Petroleos Mexicanos | 5.350% | 02/12/2028 | 0.1% |
| Vedanta Ltd | 0.000% | - | 0.0% |
| FX EUR/USD 05/20 | 0.000% | 05/12/2020 | 0.0% |
| FX EUR/USD 05/20 | 0.000% | 05/12/2020 | 0.0% |
| US 10YR NOTE (CBT)JUN20 | 0.000% | 06/30/2020 | 0.0% |
| US ULTRA BOND CBT JUN20 | 0.000% | 06/30/2020 | 0.0% |
| US 10YR ULTRA FUT JUN20 | 0.000% | 06/30/2020 | 0.0% |
| US 2YR NOTE (CBT) JUN20 | 0.000% | 07/06/2020 | 0.0% |
| US 5YR NOTE (CBT) JUN20 | 0.000% | 07/06/2020 | 0.0% |
| US LONG BOND(CBT) JUN20 | 0.000% | 06/30/2020 | 0.0% |
| Credit Default Swap | 1.000% | 06/20/2020 | 0.0% |
| FX USD/EUR 05/20 | 0.000% | 05/12/2020 | 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 05/29/2020
- $0.209
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| Daily | Daily | 05/31/2020 | $0.04926 | $14.48 |
| Daily | Daily | 04/30/2020 | $0.05269 | $13.93 |
| Daily | Daily | 03/31/2020 | $0.05394 | $13.38 |
| Daily | Daily | 02/29/2020 | $0.05108 | $15.49 |
| Daily | Daily | 01/31/2020 | $0.05214 | $15.65 |
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 | 05/31/2020 |
| Daily | Daily | 06/30/2020 |
| Daily | Daily | 07/31/2020 |
| Daily | Daily | 08/31/2020 |
| Daily | Daily | 09/30/2020 |
| Daily | Daily | 10/31/2020 |
| Daily | Daily | 11/30/2020 |
| Daily | Daily | 12/31/2020 |
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 |
|---|---|
| 07/30/2020 | 07/31/2020 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 05/29/2020
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $100,000 | 2.25% | 2.00% | $14.81 |
| $100,000 to $249,999 | 1.75% | 1.50% | $14.74 |
| $250,000 to $499,999 | 1.25% | 1.00% | $14.66 |
| $500,000 to $999,999 | 0.00% | 1.00% | $14.48 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $14.48 |
The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
Expense Ratioas of 04/30/2020
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 04/30/2021. 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
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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Capital Markets Presentation
Publish Date:11/03/2015
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