Emerging Markets Corporate Debt Fund
Daily price w/o sales charge as of 10/19/2018
$14.50
$0.00
YTD Returns w/o sales charge as of 10/19/2018
-3.28%
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 10/19/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.34% | 3.84% |
| w/ sales charge | 4.24% | 3.75% |
30-Day Standardized Yield 2 as of 09/30/2018
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 4.56% | 4.05% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Expense Ratioas of 09/30/2018
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 Basicsas of 09/28/2018
- Total Net Assets
- $48.96 M
- Inception Date
- 12/31/2013
- Dividend Frequency
- Monthly (Daily Accrual)
- Number of Holdings
- 225
- CUSIP
- 543908677
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -2.97% | -2.32% | 4.81% | - | - | 4.77% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -4.77% | -4.01% | 5.49% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.60% | -0.93% | 5.37% | - | - | 4.61% |
| w/ sales charge | -5.16% | -4.50% | 4.01% | - | - | 4.28% |
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -2.97% | -2.32% | 4.81% | - | - | 4.77% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -4.77% | -4.01% | 5.49% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.60% | -0.93% | 5.37% | - | - | 4.61% |
| w/ sales charge | -5.16% | -4.50% | 4.01% | - | - | 4.28% |
Fund Expense Ratio :
Gross 1.55%
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 of future results.
| Country | Assets |
|---|---|
| China | |
| Brazil | |
| Peru | |
| Mexico | |
| Turkey | |
| Indonesia | |
| Colombia | |
| UAE | |
| Russia | |
| India | |
| Argentina | |
| Chile | |
| Qatar | |
| South Korea | |
| South Africa | |
| Israel | |
| Hong Kong | |
| Singapore | |
| Kazakhstan | |
| Nigeria | |
| Zambia | |
| Ukraine | |
| Thailand | |
| Malaysia | |
| Saudi Arabia | |
| United States | |
| Ghana | |
| Kuwait | |
| Paraguay | |
| Georgia | |
| Morocco | |
| Uruguay | |
| Oman | |
| Costa Rica | |
| Sri Lanka | |
| Guatemala | |
| Ivory Coast | |
| Egypt | |
| Panama | |
| Australia | |
| Puerto Rico |
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 09/28/2018 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 10/19/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.34% | 3.84% |
| w/ sales charge | 4.24% | 3.75% |
30-Day Standardized Yield 2 as of 09/30/2018
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 4.56% | 4.05% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -2.97% | -2.32% | 4.81% | - | - | 4.77% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -4.77% | -4.01% | 5.49% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.60% | -0.93% | 5.37% | - | - | 4.61% |
| w/ sales charge | -5.16% | -4.50% | 4.01% | - | - | 4.28% |
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
Fund Expense Ratio :
Gross 1.55%
Net 1.05%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 12/31/2013 |
|---|
| w/o sales charge | -2.97% | -2.32% | 4.81% | - | - | 4.77% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -4.77% | -4.01% | 5.49% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.60% | -0.93% | 5.37% | - | - | 4.61% |
| w/ sales charge | -5.16% | -4.50% | 4.01% | - | - | 4.28% |
Fund Expense Ratio :
Gross 1.55%
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 of future results.
| Year | Fund Returns | J.P. Morgan CEMBI Broad Diversified Index |
|---|
| 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 |
|---|
| 2018 | -1.49% | -3.03% | 1.58% | - | -3.26% |
| 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 09/30/2018
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 09/28/2018
| 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 09/28/2018
- Total Net Assets
- $48.96 M
- Number of Issues
- 225
- Average Coupon
- 5.32%
- Average Life
- 7.89 Years
- Average Maturity
- 7.79 Years
- Average Modified Duration
- 4.92 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 | 1.3% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 0.9% |
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 0.9% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.9% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.9% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.8% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.8% |
| Turkiye Garanti Bankasi AS | 4.750% | 10/17/2019 | 0.8% |
| QNB Finance Ltd. | 2.875% | 04/29/2020 | 0.8% |
| Turkiye Garanti Bankasi AS | 6.250% | 04/20/2021 | 0.8% |
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 | 1.3% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 0.9% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.9% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.9% |
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 0.9% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.8% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.8% |
| Alibaba Group Holding Ltd. | 3.600% | 11/28/2024 | 0.8% |
| QNB Finance Ltd. | 2.875% | 04/29/2020 | 0.8% |
| Tullow Oil plc | 7.000% | 03/01/2025 | 0.8% |
| Industrial & Commercial Bank of China Ltd/Dubai | 2.625% | 05/26/2020 | 0.8% |
| SURA Asset Management SA | 4.375% | 04/11/2027 | 0.8% |
| Ecopetrol S.A. | 5.875% | 05/28/2045 | 0.8% |
| Qtel International Finance Ltd. | 3.250% | 02/21/2023 | 0.8% |
| Eskom Holdings SOC Ltd. | 5.750% | 01/26/2021 | 0.8% |
| Export-Import Bank of Korea | 1.875% | 10/21/2021 | 0.8% |
| Gazprom OAO Via Gaz Capital SA | 4.950% | 02/06/2028 | 0.8% |
| Indika Energy Capital III Pte Ltd | 5.875% | 11/09/2024 | 0.8% |
| Braskem Netherlands Finance BV | 4.500% | 01/10/2028 | 0.8% |
| Country Garden Holdings Co. Ltd. | 4.750% | 01/17/2023 | 0.8% |
| Turkiye Garanti Bankasi AS | 6.250% | 04/20/2021 | 0.8% |
| DP World Ltd. | 6.850% | 07/02/2037 | 0.7% |
| Turkiye Is Bankasi | 5.000% | 04/30/2020 | 0.7% |
| Petrobras Global Finance BV | 7.250% | 03/17/2044 | 0.7% |
| Eterna Capital Pte Ltd | 8.000% | 12/11/2022 | 0.6% |
| Southern Copper Corp. | 5.875% | 04/23/2045 | 0.5% |
| Shimao Property Holdings Ltd. | 8.375% | 02/10/2022 | 0.5% |
| Teva Pharmaceutical Finance Netherlands III BV | 6.000% | 04/15/2024 | 0.5% |
| Cemig Geracao e Transmissao SA | 9.250% | 12/05/2024 | 0.5% |
| Embraer Netherlands Finance BV | 5.050% | 06/15/2025 | 0.5% |
| Banco de Credito del Peru | 4.850% | 10/30/2020 | 0.5% |
| Sberbank of Russia Via SB Capital S.A. | 5.250% | 05/23/2023 | 0.5% |
| Provincia de la Rioja | 9.750% | 02/24/2025 | 0.5% |
| Reliance Industries Ltd. | 4.125% | 01/28/2025 | 0.5% |
| Fenix Power Peru SA | 4.317% | 09/20/2027 | 0.5% |
| Georgia Capital JSC | 6.125% | 03/09/2024 | 0.5% |
| OJSC Novolipetsk Steel via Steel Funding Ltd. | 4.000% | 09/21/2024 | 0.5% |
| Medco Platinum Road Pte Ltd | 6.750% | 01/30/2025 | 0.5% |
| BBVA Bancomer SA | 5.125% | 01/18/2033 | 0.5% |
| First Quantum Minerals Ltd. | 7.000% | 02/15/2021 | 0.5% |
| OCP S.A. | 6.875% | 04/25/2044 | 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% |
| Petkim Petrokimya Holding AS | 5.875% | 01/26/2023 | 0.4% |
| Arcos Dorados Holdings, Inc. | 5.875% | 04/04/2027 | 0.4% |
| Alfa Bank OJSC Via Alfa Bond Issuance plc | 7.750% | 04/28/2021 | 0.4% |
| Agile Property Holdings Ltd. | 9.000% | 05/21/2020 | 0.4% |
| Perusahaan Listrik Negara PT | 6.150% | 05/21/2048 | 0.4% |
| Bangkok Bank Public Co. Ltd. | 5.000% | 10/03/2023 | 0.4% |
| Dolphin Energy Ltd. | 5.500% | 12/15/2021 | 0.4% |
| KazMunayGas National Co. | 6.375% | 10/24/2048 | 0.4% |
| China Overseas Finance Cayman V Ltd. | 5.350% | 11/15/2042 | 0.4% |
| Banco de Bogota SA | 6.250% | 05/12/2026 | 0.4% |
| Hunt Oil Co of Peru LLC Sucursal Del Peru | 6.375% | 06/01/2028 | 0.4% |
| Grupo de Inversiones Suramericana SA | 5.500% | 04/29/2026 | 0.4% |
| Fresnillo plc | 5.500% | 11/13/2023 | 0.4% |
| SingTel Group Treasury Pte Ltd. | 4.500% | 09/08/2021 | 0.4% |
| Cemex Finance LLC | 6.000% | 04/01/2024 | 0.4% |
| Eldorado Intl. Finance GmbH | 8.625% | 06/16/2021 | 0.4% |
| Qatar Government International Bond | 5.103% | 04/23/2048 | 0.4% |
| Bank of China Ltd. | 5.000% | 11/13/2024 | 0.4% |
| Peru LNG Srl | 5.375% | 03/22/2030 | 0.4% |
| Telefonica Celular del Paraguay SA | 6.750% | 12/13/2022 | 0.4% |
| Gruma SAB de CV | 4.875% | 12/01/2024 | 0.4% |
| BBVA Banco Continental S.A. | 5.000% | 08/26/2022 | 0.4% |
| Delhi International Airport Pvt Ltd | 6.125% | 10/31/2026 | 0.4% |
| Geopark Ltd. | 6.500% | 09/21/2024 | 0.4% |
| MHP S.A. | 7.750% | 05/10/2024 | 0.4% |
| Zenith Bank plc | 6.250% | 04/22/2019 | 0.4% |
| Sberbank of Russia Via SB Capital S.A. | 6.125% | 02/07/2022 | 0.4% |
| HT Global IT Solutions Holdings Ltd | 7.000% | 07/14/2021 | 0.4% |
| Banco de Credito del Peru | 4.250% | 04/01/2023 | 0.4% |
| MAF Sukuk Ltd. | 4.500% | 11/03/2025 | 0.4% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 0.4% |
| Woori Bank | 4.750% | 04/30/2024 | 0.4% |
| Abu Dhabi National Energy Co. | 4.875% | 04/23/2030 | 0.4% |
| National Savings Bank | 5.150% | 09/10/2019 | 0.4% |
| China Oil & Gas Group Ltd. | 5.000% | 05/07/2020 | 0.4% |
| Gas Natural de Lima y Callao S.A. | 4.375% | 04/01/2023 | 0.4% |
| WTT Investment Ltd/Hong Kong | 5.500% | 11/21/2022 | 0.4% |
| CNOOC Finance 2012 Ltd. | 3.875% | 05/02/2022 | 0.4% |
| Petroleos del Peru SA | 5.625% | 06/19/2047 | 0.4% |
| GC Treasury Center Co Ltd | 4.250% | 09/19/2022 | 0.4% |
| ADCB Finance Cayman Ltd. | 4.000% | 03/29/2023 | 0.4% |
| SK Telecom Co. Ltd. | 3.750% | 04/16/2023 | 0.4% |
| Vnesheconombank Via VEB Finance plc | 6.800% | 11/22/2025 | 0.4% |
| E.CL SA | 4.500% | 01/29/2025 | 0.4% |
| Celeo Redes Operacion Chile SA | 5.200% | 06/22/2047 | 0.4% |
| Oztel Holdings SPC Ltd | 6.625% | 04/24/2028 | 0.4% |
| Rumo Luxembourg Sarl | 7.375% | 02/09/2024 | 0.4% |
| Grupo Cementos de Chihuahua SAB de CV | 5.250% | 06/23/2024 | 0.4% |
| Latam Finance Ltd. | 6.875% | 04/11/2024 | 0.4% |
| Eskom Holdings SOC Ltd. | 6.350% | 08/10/2028 | 0.4% |
| Korea Exchange Bank | 4.250% | 10/14/2024 | 0.4% |
| China Overseas Finance Cayman V Ltd. | 3.950% | 11/15/2022 | 0.4% |
| Transportadora de Gas del Peru SA | 4.250% | 04/30/2028 | 0.4% |
| Bank of China Ltd./Hong Kong | 3.875% | 06/30/2025 | 0.4% |
| China Cinda Finance 2017 I Ltd | 4.100% | 03/09/2024 | 0.4% |
| United Overseas Bank Ltd. | 3.500% | 09/16/2026 | 0.4% |
| Autopistas del Sol SA/Costa Rica | 7.375% | 12/30/2030 | 0.4% |
| Sigma Finance Netherlands BV | 4.875% | 03/27/2028 | 0.4% |
| EXIM Sukuk Malaysia Bhd | 2.874% | 02/19/2019 | 0.4% |
| Cementos Pacasmayo SAA | 4.500% | 02/08/2023 | 0.4% |
| Hyundai Capital America | 2.600% | 03/19/2020 | 0.4% |
| Axis Bank Ltd./Dubai | 3.250% | 05/21/2020 | 0.4% |
| First Quantum Minerals Ltd. | 7.500% | 04/01/2025 | 0.4% |
| China Railway Resources Huitung Ltd. | 3.850% | 02/05/2023 | 0.4% |
| Baidu, Inc. | 3.500% | 11/28/2022 | 0.4% |
| Myriad International Holdings BV | 4.850% | 07/06/2027 | 0.4% |
| Emirates Telecommunications Corp. | 3.500% | 06/18/2024 | 0.4% |
| GNL Quintero SA | 4.634% | 07/31/2029 | 0.4% |
| Lukoil International Finance BV | 4.750% | 11/02/2026 | 0.4% |
| Abu Dhabi National Energy Co. | 3.625% | 01/12/2023 | 0.4% |
| ABJA Investment Co. Pte Ltd. | 5.950% | 07/31/2024 | 0.4% |
| Bank of India | 3.125% | 05/06/2020 | 0.4% |
| Marble II Pte Ltd. | 5.300% | 06/20/2022 | 0.4% |
| Shinhan Bank | 2.250% | 04/15/2020 | 0.4% |
| State Grid Overseas Investment 2016 Ltd | 2.250% | 05/04/2020 | 0.4% |
| Tencent Holdings Ltd. | 3.800% | 02/11/2025 | 0.4% |
| Huarong Finance II Co Ltd | 4.625% | 06/03/2026 | 0.4% |
| Industrial Bank of Korea | 2.000% | 04/23/2020 | 0.4% |
| Equate Petrochemical BV | 3.000% | 03/03/2022 | 0.4% |
| Indo Energy Finance II BV | 6.375% | 01/24/2023 | 0.4% |
| Huarong Finance 2017 Co Ltd | 4.500% | 01/24/2167 | 0.4% |
| Abu Dhabi Crude Oil Pipeline LLC | 4.600% | 11/02/2047 | 0.4% |
| Teva Pharmaceutical Finance Co. B.V. | 3.650% | 11/10/2021 | 0.4% |
| Swire Properties MTN Financing Ltd. | 3.625% | 01/13/2026 | 0.4% |
| CNOOC Finance (2015) U.S.A. LLC | 3.500% | 05/05/2025 | 0.4% |
| Corp Nacional del Cobre de Chile | 4.500% | 08/01/2047 | 0.4% |
| Banistmo SA | 3.650% | 09/19/2022 | 0.4% |
| Energuate Trust | 5.875% | 05/03/2027 | 0.4% |
| CNAC HK Finbridge Co Ltd | 3.500% | 07/19/2022 | 0.4% |
| CK Hutchison International 17 Ltd | 3.500% | 04/05/2027 | 0.4% |
| VM Holding SA | 5.375% | 05/04/2027 | 0.4% |
| NBK SPC Ltd. | 2.750% | 05/30/2022 | 0.4% |
| First Quantum Minerals Ltd. | 6.875% | 03/01/2026 | 0.4% |
| China Evergrande Group | 6.250% | 06/28/2021 | 0.4% |
| Yingde Gases Investment Ltd | 6.250% | 01/19/2023 | 0.4% |
| Banco de Bogota SA | 4.375% | 08/03/2027 | 0.4% |
| Sinopec Group Overseas Development Ltd. | 4.100% | 04/28/2045 | 0.4% |
| Saka Energi Indonesia PT | 4.450% | 05/05/2024 | 0.4% |
| Colbun S.A. | 3.950% | 10/11/2027 | 0.4% |
| MHP Lux SA | 6.950% | 04/03/2026 | 0.4% |
| Qtel International Finance Ltd. | 3.875% | 01/31/2028 | 0.4% |
| Emirates Semb Corp Water & Power Co PJSC | 4.450% | 08/01/2035 | 0.4% |
| Press Metal Labuan Ltd | 4.800% | 10/30/2022 | 0.4% |
| MMC Norilsk Nickel OJSC via MMC Finance Ltd. | 4.100% | 04/11/2023 | 0.4% |
| CNAC HK Finbridge Co Ltd | 4.125% | 07/19/2027 | 0.4% |
| Halcyon Agri Corp Ltd | 4.500% | 10/26/2099 | 0.4% |
| Aegea Finance Sarl | 5.750% | 10/10/2024 | 0.4% |
| Grupo KUO SAB De CV | 5.750% | 07/07/2027 | 0.4% |
| Eskom Holdings SOC Ltd. | 7.125% | 02/11/2025 | 0.4% |
| Tengizchevroil Finance Co International Ltd | 4.000% | 08/15/2026 | 0.4% |
| Turkiye Sise ve Cam Fabrikalari AS | 4.250% | 05/09/2020 | 0.4% |
| Ivory Coast Govt Intl Bnd | 5.375% | 07/23/2024 | 0.4% |
| Turkiye Garanti Bankasi AS | 4.750% | 10/17/2019 | 0.4% |
| SACI Falabella | 3.750% | 10/30/2027 | 0.4% |
| Listrindo Capital BV | 4.950% | 09/14/2026 | 0.4% |
| Pakuwon Prima Pte Ltd | 5.000% | 02/14/2024 | 0.4% |
| Phosagro OAO via Phosagro Bond Funding Ltd | 3.949% | 04/24/2023 | 0.4% |
| Greenko Dutch BV | 5.250% | 07/24/2024 | 0.4% |
| Minejesa Capital BV | 4.625% | 08/10/2030 | 0.4% |
| Banco de Credito e Inversiones | 3.500% | 10/12/2027 | 0.4% |
| Mexichem SAB de CV | 5.500% | 01/15/2048 | 0.4% |
| Egypt Government International Bond | 7.903% | 02/21/2048 | 0.4% |
| Intercorp Financial Services Inc | 4.125% | 10/19/2027 | 0.4% |
| Cencosud SA | 4.375% | 07/17/2027 | 0.4% |
| Adani Ports & Special Economic Zone Ltd | 4.000% | 07/30/2027 | 0.4% |
| Greenko Investment Co | 4.875% | 08/16/2023 | 0.4% |
| Banco do Brasil SA | 4.625% | 01/15/2025 | 0.4% |
| China Evergrande Group | 8.750% | 06/28/2025 | 0.4% |
| Mexico City Airport Trust | 5.500% | 07/31/2047 | 0.4% |
| Nakilat, Inc. | 6.267% | 12/31/2033 | 0.4% |
| GMR Hyderabad International Airport Ltd | 4.250% | 10/27/2027 | 0.4% |
| KOC Holding AS | 5.250% | 03/15/2023 | 0.4% |
| Rede D'or Finance Sarl | 4.950% | 01/17/2028 | 0.4% |
| Digicel Ltd. | 6.750% | 03/01/2023 | 0.4% |
| Arcor | 6.000% | 07/06/2023 | 0.4% |
| Infraestructura Energetica Nova SAB de CV | 4.875% | 01/14/2048 | 0.4% |
| Finansbank A.S. | 4.875% | 05/19/2022 | 0.4% |
| BRF GmbH | 4.350% | 09/29/2026 | 0.4% |
| Turkiye Halk Bankasi AS | 4.750% | 06/04/2019 | 0.3% |
| Vale Overseas Ltd. | 6.875% | 11/10/2039 | 0.3% |
| Tupras Turkiye Petrol Rafine | 4.500% | 10/18/2024 | 0.3% |
| Pampa Energia SA | 7.500% | 01/24/2027 | 0.3% |
| YPF S.A. | 7.000% | 12/15/2047 | 0.3% |
| BanColombia SA | 5.950% | 06/03/2021 | 0.3% |
| Kaisa Group Holdings Ltd. | 9.375% | 06/30/2024 | 0.3% |
| Terraform Global Operating LLC | 6.125% | 03/01/2026 | 0.3% |
| AngloGold Ashanti Holdings plc | 6.500% | 04/15/2040 | 0.3% |
| Banco Regional SAECA | 8.125% | 01/24/2019 | 0.3% |
| Grupo Televisa SAB | 6.625% | 01/15/2040 | 0.3% |
| Eterna Capital Pte Ltd | 7.500% | 12/11/2022 | 0.3% |
| CIMPOR Financial Operations BV | 5.750% | 07/17/2024 | 0.3% |
| Turkiye Vakiflar Bankasi Tao | 5.750% | 01/30/2023 | 0.3% |
| CSN Resources SA | 6.500% | 07/21/2020 | 0.3% |
| Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 0.3% |
| Ras Laffan Liquefied Natural Gas Co., Ltd. | 5.298% | 09/30/2020 | 0.3% |
| Samarco Mineracao S.A. | 4.125% | 11/01/2022 | 0.3% |
| Turkiye Halk Bankasi AS | 4.750% | 02/11/2021 | 0.3% |
| Digicel Group Ltd. | 7.125% | 04/01/2022 | 0.3% |
| Emirates Airline | 4.500% | 02/06/2025 | 0.3% |
| Dubai Electricity & Wtr Auth | 7.375% | 10/21/2020 | 0.2% |
| Guanay Finance Ltd. | 6.000% | 12/15/2020 | 0.2% |
| Republic of Argentina | 7.820% | 12/31/2033 | 0.2% |
| Rio Energy SA / UGEN SA / UENSA SA | 6.875% | 02/01/2025 | 0.2% |
| Bangkok Bank Public Co. Ltd. | 4.800% | 10/18/2020 | 0.2% |
| Petronas Capital Ltd. | 5.250% | 08/12/2019 | 0.2% |
| IRSA Propiedades Comerciales SA | 8.750% | 03/23/2023 | 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% |
| Uruguay Treasury Bills | 0.000% | 03/08/2019 | 0.1% |
| Vedanta Ltd | 0.000% | - | 0.1% |
| Popular, Inc. | 7.000% | 07/01/2019 | 0.1% |
| FX USD/EUR 12/18 | 0.000% | 12/20/2018 | 0.0% |
| FX EUR/USD 12/18 | 0.000% | 12/20/2018 | 0.0% |
| US LONG BOND(CBT) DEC18 | 0.000% | 12/31/2018 | 0.0% |
| US 10YR NOTE (CBT)DEC18 | 0.000% | 12/31/2018 | 0.0% |
| US 10YR ULTRA FUT DEC18 | 0.000% | 12/31/2018 | 0.0% |
| US ULTRA BOND CBT DEC18 | 0.000% | 12/31/2018 | 0.0% |
| US 2YR NOTE (CBT) DEC18 | 0.000% | 01/04/2019 | 0.0% |
| US 5YR NOTE (CBT) DEC18 | 0.000% | 01/04/2019 | 0.0% |
| Credit Index Swap | 1.000% | 06/20/2023 | 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 10/19/2018
- $0.482
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| Daily | Daily | 09/30/2018 | $0.05239 | $14.58 |
| Daily | Daily | 08/31/2018 | $0.05340 | $14.45 |
| Daily | Daily | 07/31/2018 | $0.05439 | $14.77 |
| Daily | Daily | 06/30/2018 | $0.05496 | $14.54 |
| Daily | Daily | 05/31/2018 | $0.05465 | $14.75 |
| Daily | Daily | 04/30/2018 | $0.05344 | $15.00 |
| Daily | Daily | 03/31/2018 | $0.05282 | $15.16 |
| Daily | Daily | 02/28/2018 | $0.05393 | $15.32 |
| Daily | Daily | 01/31/2018 | $0.05257 | $15.56 |
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 | 10/31/2018 |
| Daily | Daily | 11/30/2018 |
| Daily | Daily | 12/31/2018 |
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 |
|---|---|
| 12/17/2018 | 12/18/2018 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 10/19/2018
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $100,000 | 2.25% | 2.00% | $14.83 |
| $100,000 to $249,999 | 1.75% | 1.50% | $14.76 |
| $250,000 to $499,999 | 1.25% | 1.00% | $14.68 |
| $500,000 to $999,999 | 0.00% | 1.00% | $14.50 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $14.50 |
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 09/30/2018
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
Publish Date:11/03/2015
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