LCDAX | Emerging Markets Corporate Debt Fund Class A | Lord Abbett

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(as of 12/05/2015)

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Emerging Markets Corporate Debt Fund

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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

Average Yield to Maturity as of 10/31/2023

8.16%

30-Day Standardized Yield 1 as of 11/30/2023  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.13% 5.38%

Fund Basicsas of 10/31/2023

Total Net Assets
$30.63 M
Inception Date
12/31/2013
Dividend Frequency
Monthly
Fund Gross Expense Ratio
1.44%
Fund Net Expense Ratio
1.05%
Number of Holdings
162
Minimum Initial Investment
$1,000+

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 3.58% 5.34% -2.33% 2.09% - 3.18%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds - - - - - -
J.P. Morgan CEMBI Broad Diversified Index 5.84% 7.47% -1.67% 2.72% - 3.49%
w/ sales charge 1.22% 2.98% -3.08% 1.62% - 2.94%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 1.09% 7.08% -1.92% 1.30% - 2.97%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 2.11% 10.63% -3.27% 0.03% - -
J.P. Morgan CEMBI Broad Diversified Index 3.38% 8.25% -1.49% 2.08% - 3.30%
w/ sales charge -1.22% 4.69% -2.67% 0.83% - 2.74%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Country Assets
China
United Arab Emirates
Turkey
India
Indonesia
Brazil
Macau
Colombia
South Korea
Mexico
Israel
Qatar
Saudi Arabia
United States
Peru
United Kingdom
Thailand
Chile
South Africa
Taiwan
Kazakhstan
Philippines
Argentina
Malaysia
Kuwait
Zambia
Morocco
Paraguay
Panama
Singapore
Supra-National
Oman
Ukraine
Ghana
Dominican Republic
Nigeria
Guatemala
Region Assets
Asia
Latin America
Middle East/Africa
Europe
North America
Other

Credit Quality Distribution as of 10/31/2023 View Portfolio

Rating Assets
U.S. Treasury
AA
A
BBB
<BBB
Not Rated

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

22 Years of Industry Experience

Mila Skulkina
Mila Skulkina, CFA

Senior Managing Director, Portfolio Manager

22 Years of Industry Experience

Supported By 80 Investment Professionals with 17 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 10/31/2023

8.16%

30-Day Standardized Yield 1 as of 11/30/2023  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.13% 5.38%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 3.58% 5.34% -2.33% 2.09% - 3.18%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds - - - - - -
J.P. Morgan CEMBI Broad Diversified Index 5.84% 7.47% -1.67% 2.72% - 3.49%
w/ sales charge 1.22% 2.98% -3.08% 1.62% - 2.94%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2013
w/o sales charge 1.09% 7.08% -1.92% 1.30% - 2.97%
Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds 2.11% 10.63% -3.27% 0.03% - -
J.P. Morgan CEMBI Broad Diversified Index 3.38% 8.25% -1.49% 2.08% - 3.30%
w/ sales charge -1.22% 4.69% -2.67% 0.83% - 2.74%

Fund Expense Ratio :

Gross 1.44%

Net 1.05%

Year Fund Returns J.P. Morgan CEMBI Broad Diversified Index
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%
2013 0.01% -0.60%
Year Q1 Q2 Q3 Q4 Yearly Returns
2023 1.19% 0.65% -0.74% - 4.14%
2022 -7.80% -7.12% -2.10% 5.93% -11.19%
2021 -1.65% 1.84% 0.37% -0.92% -0.39%
2020 -12.98% 12.02% 2.85% 5.51% 5.78%
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%

Growth of $10,000 as of 11/30/2023

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
Investment Grade Corporate
High Yield Corporate
U.S. Government Related
Sovereign
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 10/31/2023

Rating Assets
U.S. Treasury
AA
A
BBB
<BBB
Not Rated

Portfolio Details as of 10/31/2023

Total Net Assets
$30.63 M
Average Life
7.17 Years
Average Maturity
8.04 Years
Average Modified Duration
3.99 Years
Number of Issues
162
Average Yield to Maturity
8.16%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

For
YTD Dividends Paidas of 12/05/2023
$0.56991
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 11/30/2023 $0.05533 $12.73
Daily Daily 10/31/2023 $0.05196 $12.29
Daily Daily 09/30/2023 $0.05059 $12.53
Daily Daily 08/31/2023 $0.05259 $12.67
Daily Daily 07/31/2023 $0.05295 $12.85
Daily Daily 06/30/2023 $0.05037 $12.78
Daily Daily 05/31/2023 $0.05116 $12.73
Daily Daily 04/30/2023 $0.05187 $12.90
Daily Daily 03/31/2023 $0.05206 $12.85
Daily Daily 02/28/2023 $0.05136 $12.84
Daily Daily 01/31/2023 $0.04969 $13.19

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 12/31/2023

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

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 12/05/2023

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $13.08
$100,000 to $249,999 1.75% 1.50% $13.02
$250,000 to $499,999 1.25% 1.00% $12.95
Greater than $500,000 0.00% 1.00% $12.79

Expense Ratioas of 10/31/2023

Fund Gross Expense Ratio Fund Net Expense Ratio
1.44% 1.05%

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Report
Publish Date:11/03/2015
Semi-Annual Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015

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