Emerging Markets Corporate Debt Fund
Daily price w/o sales charge as of 07/26/2024
$13.24
$0.01
YTD Returns w/o sales charge as of 07/26/2024
4.16%
Overall Morningstar RatingsEmerging Markets Bond
as of 06/30/2024
Morningstar rated the Lord Abbett Emerging Markets Corporate Debt Fund class A share 4, 4 and 4 stars among 226, 207 and 114 Emerging Markets Bond Funds for the overall rating and the 3, 5 and 10 year periods ended 6/30/2024, respectively.
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Maturity as of 06/28/2024 |
6.84% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 5.31% | 4.62% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
Fund Basicsas of 06/28/2024
- Total Net Assets
- $29.02 M
- Inception Date
- 12/31/2013
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 1.66%
- Fund Net Expense Ratio
- 1.05%
- Number of Holdings
- 155
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
---|
w/o sales charge | 3.09% | 8.27% | -0.88% | 1.42% | 3.03% | 3.61% |
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 2.10% | 9.01% | -1.99% | 0.41% | 1.88% | - |
J.P. Morgan CEMBI Broad Diversified Index | 3.85% | 9.30% | -0.32% | 2.23% | 3.53% | 3.97% |
w/ sales charge | 0.78% | 5.86% | -1.63% | 0.96% | 2.80% | 3.39% |
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
---|
w/o sales charge | 3.09% | 8.27% | -0.88% | 1.42% | 3.03% | 3.61% |
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 2.10% | 9.01% | -1.99% | 0.41% | 1.88% | - |
J.P. Morgan CEMBI Broad Diversified Index | 3.85% | 9.30% | -0.32% | 2.23% | 3.53% | 3.97% |
w/ sales charge | 0.78% | 5.86% | -1.63% | 0.96% | 2.80% | 3.39% |
Fund Expense Ratio :
Gross 1.66%
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 |
---|---|
Brazil | |
India | |
China | |
South Korea | |
Mexico | |
Indonesia | |
Turkey | |
Colombia | |
Chile | |
Macau | |
United Kingdom | |
Peru | |
United States | |
Israel | |
Saudi Arabia | |
Thailand | |
Qatar | |
United Arab Emirates | |
Taiwan | |
Kazakhstan | |
Philippines | |
Argentina | |
Malaysia | |
Kuwait | |
South Africa | |
Dominican Republic | |
Paraguay | |
Panama | |
Singapore | |
Supra-National | |
Guatemala | |
Romania | |
Zambia | |
Ghana | |
Hong Kong | |
Egypt | |
Australia | |
Morocco | |
Nigeria |
Region classifications of countries are defined by Lord Abbett and may not be consistent with the S&P region definitions. Country classifications of securities held within the universe of S&P indexes are defined by S&P. Country classifications of securities held by the portfolio only, and not included within the universe of S&P indexes, are defined by Lord Abbett.
Region | Assets |
---|---|
Asia | |
Latin America | |
Middle East/Africa | |
Europe | |
North America | |
Other |
Credit Quality Distribution as of 06/28/2024 View Portfolio
Rating | Assets |
---|---|
U.S. Treasury | |
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.
INVESTMENT TEAM
![Steven F. Rocco Steven F. Rocco](/content/dam/shared-assets/biographies/rocco-steve/headshot/Rocco-Steve_headshot.jpg)
![Mila Skulkina Mila Skulkina](/content/dam/shared-assets/biographies/skulkina-mila/headshot/Skulkina-Mila_headshot.jpg)
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Performance
Performance
Average Yield to Maturity as of 06/28/2024
30-Day Standardized Yield 1 as of 06/30/2024
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 5.31% | 4.62% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
---|
w/o sales charge | 3.09% | 8.27% | -0.88% | 1.42% | 3.03% | 3.61% |
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 2.10% | 9.01% | -1.99% | 0.41% | 1.88% | - |
J.P. Morgan CEMBI Broad Diversified Index | 3.85% | 9.30% | -0.32% | 2.23% | 3.53% | 3.97% |
w/ sales charge | 0.78% | 5.86% | -1.63% | 0.96% | 2.80% | 3.39% |
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
Fund Expense Ratio :
Gross 1.66%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
---|
w/o sales charge | 3.09% | 8.27% | -0.88% | 1.42% | 3.03% | 3.61% |
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | 2.10% | 9.01% | -1.99% | 0.41% | 1.88% | - |
J.P. Morgan CEMBI Broad Diversified Index | 3.85% | 9.30% | -0.32% | 2.23% | 3.53% | 3.97% |
w/ sales charge | 0.78% | 5.86% | -1.63% | 0.96% | 2.80% | 3.39% |
Fund Expense Ratio :
Gross 1.66%
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 |
---|
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 | 2.07% | 1.00% | - | - |
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% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 06/30/2024
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 |
---|---|
High Yield Corporate | |
Investment Grade Corporate | |
Sovereign | |
U.S. Government Related | |
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 06/28/2024
Rating | Assets |
---|---|
U.S. Treasury | |
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 06/28/2024
- Total Net Assets
- $29.02 M
- Average Life
- 7.71 Years
- Average Maturity
- 8.25 Years
- Average Modified Duration
- 4.17 Years
- Number of Issues
- 155
- Average Yield to Maturity
- 6.84%
To view definitions for the above Portfolio Details, Click here.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
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.
Holding | Coupon | Maturity | Assets |
---|
TSMC Global Ltd | 2.250% | 04/23/2031 | 2.3% |
United States Treasury Bill | 0.000% | 07/05/2024 | 2.1% |
Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 1.6% |
Saudi Arabian Oil Co | 2.250% | 11/24/2030 | 1.5% |
Standard Chartered PLC | 7.875% | 09/08/2172 | 1.4% |
MISC Capital Two Labuan Ltd | 3.750% | 04/06/2027 | 1.3% |
Galaxy Pipeline Assets Bidco Ltd | 3.250% | 09/30/2040 | 1.3% |
MC Brazil Downstream Trading SARL | 7.250% | 06/30/2031 | 1.2% |
CK Hutchison International 21 Ltd | 2.500% | 04/15/2031 | 1.2% |
African Export-Import Bank/The | 2.634% | 05/17/2026 | 1.1% |
Holding | Coupon | Maturity | Assets |
---|
TSMC Global Ltd | 2.250% | 04/23/2031 | 2.3% |
United States Treasury Bill | 0.000% | 07/05/2024 | 1.7% |
Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 1.6% |
Saudi Arabian Oil Co | 2.250% | 11/24/2030 | 1.5% |
Standard Chartered PLC | 7.875% | 09/08/2172 | 1.4% |
MGM China Holdings Ltd | 4.750% | 02/01/2027 | 1.3% |
MISC Capital Two Labuan Ltd | 3.750% | 04/06/2027 | 1.3% |
Galaxy Pipeline Assets Bidco Ltd | 3.250% | 09/30/2040 | 1.3% |
MC Brazil Downstream Trading SARL | 7.250% | 06/30/2031 | 1.3% |
EIG Pearl Holdings Sarl | 3.545% | 08/31/2036 | 1.2% |
CK Hutchison International 21 Ltd | 2.500% | 04/15/2031 | 1.2% |
African Export-Import Bank/The | 2.634% | 05/17/2026 | 1.1% |
Minejesa Capital BV | 5.625% | 08/10/2037 | 1.1% |
Hanwha Energy USA Holdings Corp | 4.125% | 07/05/2025 | 1.0% |
BOC Aviation USA Corp | 4.875% | 05/03/2033 | 1.0% |
NBK Tier 1 Financing 2 Ltd | 4.500% | 05/27/2173 | 1.0% |
Adani Transmission Step-One Ltd | 4.000% | 08/03/2026 | 1.0% |
QNB Finance Ltd | 2.750% | 02/12/2027 | 1.0% |
Korea Midland Power Co Ltd | 1.250% | 08/09/2026 | 1.0% |
Medco Maple Tree Pte Ltd | 8.960% | 04/27/2029 | 0.9% |
Meituan | 3.050% | 10/28/2030 | 0.9% |
Indika Energy Tbk PT | 8.750% | 05/07/2029 | 0.9% |
Bangkok Bank PCL/Hong Kong | 3.466% | 09/23/2036 | 0.9% |
Anglo American Capital PLC | 5.750% | 04/05/2034 | 0.9% |
Tengizchevroil Finance Co International Ltd | 3.250% | 08/15/2030 | 0.9% |
Adani Ports & Special Economic Zone Ltd | 3.100% | 02/02/2031 | 0.8% |
Ecopetrol SA | 8.625% | 01/19/2029 | 0.8% |
Aegea Finance Sarl | 9.000% | 01/20/2031 | 0.8% |
Hunt Oil Co of Peru LLC Sucursal Del Peru | 8.550% | 09/18/2033 | 0.8% |
Wynn Macau Ltd | 4.500% | 03/07/2029 | 0.8% |
Banco de Credito e Inversiones SA | 8.750% | 08/08/2172 | 0.7% |
Yapi ve Kredi Bankasi AS | 9.250% | 01/17/2034 | 0.7% |
Turkiye Vakiflar Bankasi TAO | 9.000% | 10/12/2028 | 0.7% |
BBVA Bancomer SA/Texas | 8.125% | 01/08/2039 | 0.7% |
Ecopetrol SA | 5.875% | 11/02/2051 | 0.7% |
Standard Chartered PLC | 6.301% | 01/09/2029 | 0.7% |
WE Soda Investments Holding PLC | 9.375% | 02/14/2031 | 0.7% |
Banco do Brasil SA/Cayman | 9.000% | 12/18/2172 | 0.7% |
First Quantum Minerals Ltd | 8.625% | 06/01/2031 | 0.7% |
TMS Issuer Sarl | 5.780% | 08/23/2032 | 0.7% |
Cosan Luxembourg SA | 7.250% | 06/27/2031 | 0.7% |
Antofagasta PLC | 6.250% | 05/02/2034 | 0.7% |
Multibank Inc | 7.750% | 02/03/2028 | 0.7% |
Sisecam UK PLC | 8.625% | 05/02/2032 | 0.7% |
AI Candelaria Spain SA | 5.750% | 06/15/2033 | 0.7% |
Inversiones CMPC SA | 6.125% | 02/26/2034 | 0.7% |
SK Hynix Inc | 5.500% | 01/16/2029 | 0.7% |
Studio City Co Ltd | 7.000% | 02/15/2027 | 0.7% |
Korea Electric Power Corp | 5.375% | 07/31/2026 | 0.7% |
Trust Fibra Uno | 7.375% | 02/13/2034 | 0.7% |
Akbank TAS | 9.369% | 06/14/2172 | 0.7% |
Gold Fields Orogen Holdings BVI Ltd | 6.125% | 05/15/2029 | 0.7% |
Azul Secured Finance LLP | 11.930% | 08/28/2028 | 0.7% |
Ford Otomotiv Sanayi AS | 7.125% | 04/25/2029 | 0.7% |
LG Electronics Inc | 5.625% | 04/24/2027 | 0.7% |
Bukit Makmur Mandiri Utama PT | 7.750% | 02/10/2026 | 0.7% |
Banco Mercantil del Norte SA/Grand Cayman | 6.750% | 09/27/2172 | 0.7% |
IRB Infrastructure Developers Ltd | 7.110% | 03/11/2032 | 0.7% |
Banco BBVA Peru SA | 6.200% | 06/07/2034 | 0.7% |
Banco BTG Pactual SA/Cayman Islands | 6.250% | 04/08/2029 | 0.7% |
Bancolombia SA | 4.625% | 12/18/2029 | 0.7% |
Sands China Ltd | 5.400% | 08/08/2028 | 0.7% |
Greenko Solar Mauritius Ltd | 5.950% | 07/29/2026 | 0.7% |
San Miguel Corp | 5.500% | 01/29/2173 | 0.7% |
Jollibee Worldwide Pte Ltd | 3.900% | 07/23/2172 | 0.7% |
Banco de Bogota SA | 6.250% | 05/12/2026 | 0.7% |
St Marys Cement Inc Canada | 5.750% | 04/02/2034 | 0.7% |
Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT | 4.750% | 05/15/2025 | 0.7% |
AIA Group Ltd | 5.375% | 04/05/2034 | 0.7% |
SMC Global Power Holdings Corp | 5.950% | 05/05/2173 | 0.7% |
Kosmos Energy Ltd | 7.750% | 05/01/2027 | 0.7% |
Telefonica Celular del Paraguay SA | 5.875% | 04/15/2027 | 0.7% |
KazMunayGas National Co JSC | 5.375% | 04/24/2030 | 0.7% |
First Abu Dhabi Bank PJSC | 4.500% | 04/05/2173 | 0.7% |
Freeport Indonesia PT | 6.200% | 04/14/2052 | 0.7% |
Investment Energy Resources Ltd | 6.250% | 04/26/2029 | 0.7% |
JSW Infrastructure Ltd | 4.950% | 01/21/2029 | 0.7% |
Banco Continental SAECA | 2.750% | 12/10/2025 | 0.7% |
Colbun SA | 3.950% | 10/11/2027 | 0.7% |
Egypt Government International Bond | 7.600% | 03/01/2029 | 0.7% |
GMR Hyderabad International Airport Ltd | 4.250% | 10/27/2027 | 0.7% |
Bank Leumi Le-Israel BM | 3.275% | 01/29/2031 | 0.7% |
Banco de Credito e Inversiones SA | 3.500% | 10/12/2027 | 0.7% |
DBS Group Holdings Ltd | 1.822% | 03/10/2031 | 0.7% |
Hana Bank | 3.500% | 04/19/2173 | 0.7% |
Prosus NV | 3.257% | 01/19/2027 | 0.7% |
Alfa Desarrollo SpA | 4.550% | 09/27/2051 | 0.7% |
JSW Steel Ltd | 3.950% | 04/05/2027 | 0.7% |
YPF SA | 6.950% | 07/21/2027 | 0.6% |
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS | 9.500% | 07/10/2036 | 0.6% |
KazMunayGas National Co JSC | 6.375% | 10/24/2048 | 0.6% |
United Overseas Bank Ltd | 2.000% | 10/14/2031 | 0.6% |
ReNew Wind Energy AP2 / ReNew Power Pvt Ltd other 9 Subsidiaries | 4.500% | 07/14/2028 | 0.6% |
Empresa Generadora de Electricidad Haina SA | 5.625% | 11/08/2028 | 0.6% |
NBK SPC Ltd | 1.625% | 09/15/2027 | 0.6% |
InRetail Consumer | 3.250% | 03/22/2028 | 0.6% |
Huarong Finance 2019 Co Ltd | 4.500% | 05/29/2029 | 0.6% |
Petroleos Mexicanos | 6.490% | 01/23/2027 | 0.6% |
Globo Comunicacao e Participacoes SA | 4.875% | 01/22/2030 | 0.6% |
Banco Nacional de Comercio Exterior SNC/Cayman Islands | 2.720% | 08/11/2031 | 0.6% |
Saudi Government International Bond | 5.000% | 01/18/2053 | 0.6% |
Studio City Finance Ltd | 5.000% | 01/15/2029 | 0.6% |
Bangkok Bank PCL/Hong Kong | 3.733% | 09/25/2034 | 0.6% |
Weibo Corp | 3.375% | 07/08/2030 | 0.6% |
AngloGold Ashanti Holdings PLC | 3.750% | 10/01/2030 | 0.6% |
SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA | 3.500% | 08/02/2028 | 0.6% |
OCP SA | 3.750% | 06/23/2031 | 0.6% |
Ooredoo International Finance Ltd | 2.625% | 04/08/2031 | 0.6% |
Ecopetrol SA | 8.375% | 01/19/2036 | 0.6% |
Thaioil Treasury Center Co Ltd | 2.500% | 06/18/2030 | 0.6% |
Xiaomi Best Time International Ltd | 2.875% | 07/14/2031 | 0.6% |
GC Treasury Center Co Ltd | 2.980% | 03/18/2031 | 0.6% |
QatarEnergy | 2.250% | 07/12/2031 | 0.6% |
Petronas Capital Ltd | 2.480% | 01/28/2032 | 0.6% |
AES Panama Generation Holdings SRL | 4.375% | 05/31/2030 | 0.6% |
Prosus NV | 3.061% | 07/13/2031 | 0.6% |
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332 | 4.375% | 07/22/2031 | 0.6% |
Industrias Penoles SAB de CV | 4.750% | 08/06/2050 | 0.6% |
YPF SA | 9.500% | 01/17/2031 | 0.5% |
YPF Energia Electrica SA | 10.000% | 07/25/2026 | 0.5% |
Sweihan PV Power Co PJSC | 3.625% | 01/31/2049 | 0.5% |
Comision Federal de Electricidad | 4.677% | 02/09/2051 | 0.5% |
Samarco Mineracao SA | 9.000% | 06/30/2031 | 0.5% |
Hyundai Capital America | 5.680% | 06/26/2028 | 0.5% |
Prosus NV | 3.832% | 02/08/2051 | 0.4% |
Nakilat Inc | 6.267% | 12/31/2033 | 0.4% |
BOI Finance BV | 7.500% | 02/16/2027 | 0.4% |
Teva Pharmaceutical Finance Netherlands III BV | 4.100% | 10/01/2046 | 0.4% |
Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL | 5.250% | 04/27/2029 | 0.3% |
Southern Copper Corp | 5.250% | 11/08/2042 | 0.3% |
CVR Partners LP / CVR Nitrogen Finance Corp | 6.125% | 06/15/2028 | 0.3% |
Pan American Energy LLC/Argentina | 8.500% | 04/30/2032 | 0.3% |
Banco de Credito del Peru S.A. | 5.850% | 01/11/2029 | 0.2% |
Leviathan Bond Ltd | 6.750% | 06/30/2030 | 0.2% |
CITGO Petroleum Corp | 8.375% | 01/15/2029 | 0.2% |
Country Garden Holdings Co Ltd | 3.300% | 01/12/2031 | 0.1% |
Mosaic Co/The | 0.000% | - | 0.1% |
Sunac China Holdings Ltd | 0.000% | 09/30/2028 | 0.1% |
US 10yr Ultra Fut Sep24 | 0.000% | 09/30/2024 | 0.1% |
H World Group Ltd | 3.000% | 05/01/2026 | 0.0% |
Kaisa Group Holdings Ltd | 11.950% | 10/22/2024 | 0.0% |
Shimao Group Holdings Ltd | 3.450% | 01/11/2031 | 0.0% |
US 5YR NOTE (CBT) Sep24 | 0.000% | 10/03/2024 | 0.0% |
Ronshine China Holdings Ltd | 8.100% | 06/09/2023 | 0.0% |
FX USD/EUR 08/24 | 0.000% | 08/20/2024 | 0.0% |
EURO-BOBL FUTURE | 0.000% | 09/10/2024 | 0.0% |
Alfa Bank AO Via Alfa Bond Issuance PLC | 5.500% | 10/26/2031 | 0.0% |
Sberbank of Russia Via SB Capital SA | 5.250% | 05/23/2023 | 0.0% |
US 2YR NOTE (CBT) Sep24 | 0.000% | 10/03/2024 | 0.0% |
US ULTRA BOND CBT Sep24 | 0.000% | 09/30/2024 | 0.0% |
US LONG BOND(CBT) Sep24 | 0.000% | 09/30/2024 | 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 07/26/2024
- $0.33967
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 06/30/2024 | $0.05652 | $13.15 |
Daily | Daily | 05/31/2024 | $0.05649 | $13.13 |
Daily | Daily | 04/30/2024 | $0.05700 | $12.99 |
Daily | Daily | 03/31/2024 | $0.05736 | $13.19 |
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 | 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
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.
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 07/26/2024
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $13.54 |
$100,000 to $249,999 | 1.75% | 1.50% | $13.48 |
$250,000 to $499,999 | 1.25% | 1.00% | $13.41 |
Greater than $500,000 | 0.00% | 1.00% | $13.24 |
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 06/30/2024
Fund Gross Expense Ratio | 1.66% |
Fund Net Expense Ratio | 1.05% |
Adjusted Expense Ratio | - |
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 04/30/2025. 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
0Documents selected
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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