Emerging Markets Corporate Debt Fund
Daily price w/o sales charge as of 04/25/2018
$15.05
$0.04
YTD Returns w/o sales charge as of 04/25/2018
-1.92%
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 04/25/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.21% | 3.71% |
| w/ sales charge | 4.12% | 3.63% |
30-Day Standardized Yield 2 as of 03/31/2018
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 3.88% | 3.46% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Expense Ratioas of 03/31/2018
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 04/30/2018. 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 03/29/2018
- Total Net Assets
- $59.48 M
- Inception Date
- 12/31/2013
- Dividend Frequency
- Monthly (Daily Accrual)
- Number of Holdings
- 260
- 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 | -1.49% | 3.52% | 5.11% | - | - | 5.72% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -0.43% | 5.64% | 5.50% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.13% | 3.66% | 5.02% | - | - | 5.28% |
| w/ sales charge | -3.72% | 1.22% | 4.31% | - | - | 5.17% |
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 | -1.49% | 3.52% | 5.11% | - | - | 5.72% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -0.43% | 5.64% | 5.50% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.13% | 3.66% | 5.02% | - | - | 5.28% |
| w/ sales charge | -3.72% | 1.22% | 4.31% | - | - | 5.17% |
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 |
|---|---|
| Brazil | |
| China | |
| Turkey | |
| Russia | |
| Mexico | |
| Peru | |
| India | |
| Argentina | |
| UAE | |
| Indonesia | |
| Chile | |
| Colombia | |
| Qatar | |
| Israel | |
| Ukraine | |
| Saudi Arabia | |
| Nigeria | |
| United States | |
| Singapore | |
| South Korea | |
| South Africa | |
| Hong Kong | |
| Dominican Republic | |
| Thailand | |
| Senegal | |
| Malaysia | |
| Kazakhstan | |
| Sri Lanka | |
| Ghana | |
| Zambia | |
| Kuwait | |
| Paraguay | |
| Jamaica | |
| Australia | |
| Uruguay | |
| Bahamas | |
| Georgia | |
| Angola | |
| Morocco | |
| Costa Rica | |
| Egypt | |
| Netherlands | |
| Guatemala | |
| Ecuador | |
| Panama | |
| 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 03/29/2018 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.
INVESTMENT TEAM
Contact a Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Dividend Yield 1 as of 04/25/2018
| Subsidized3 | Un-Subsidized4 | |
|---|---|---|
| w/o sales charge | 4.21% | 3.71% |
| w/ sales charge | 4.12% | 3.63% |
30-Day Standardized Yield 2 as of 03/31/2018
| Subsidized5 | Un-Subsidized6 | |
|---|---|---|
| w/o sales charge | 3.88% | 3.46% |
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 | -1.49% | 3.52% | 5.11% | - | - | 5.72% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -0.43% | 5.64% | 5.50% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.13% | 3.66% | 5.02% | - | - | 5.28% |
| w/ sales charge | -3.72% | 1.22% | 4.31% | - | - | 5.17% |
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 | -1.49% | 3.52% | 5.11% | - | - | 5.72% |
| Lipper Category Avg. Emerging Mrkts Hard Currency Debt Funds | -0.43% | 5.64% | 5.50% | - | - | - |
| J.P. Morgan CEMBI Broad Diversified Index | -1.13% | 3.66% | 5.02% | - | - | 5.28% |
| w/ sales charge | -3.72% | 1.22% | 4.31% | - | - | 5.17% |
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% | - | - | - | -1.92% |
| 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 02/28/2018
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 03/29/2018
| 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 03/29/2018
- Total Net Assets
- $59.48 M
- Number of Issues
- 260
- Average Coupon
- 5.15%
- Average Life
- 8.64 Years
- Average Maturity
- 8.56 Years
- Average Modified Duration
- 5.10 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 |
|---|
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 1.5% |
| Gazprom OAO Via Gaz Capital SA | 4.950% | 02/06/2028 | 1.4% |
| YPF S.A. | 6.950% | 07/21/2027 | 1.3% |
| Vale Overseas Ltd. | 6.875% | 11/10/2039 | 0.8% |
| Vnesheconombank Via VEB Finance plc | 6.800% | 11/22/2025 | 0.8% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.7% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 0.7% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.7% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.7% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.7% |
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 | 1.5% |
| Petrobras Global Finance BV | 5.999% | 01/27/2028 | 1.5% |
| Gazprom OAO Via Gaz Capital SA | 4.950% | 02/06/2028 | 1.4% |
| Vale Overseas Ltd. | 6.875% | 11/10/2039 | 0.8% |
| Vnesheconombank Via VEB Finance plc | 6.800% | 11/22/2025 | 0.8% |
| Angolan Government International Bond | 9.500% | 11/12/2025 | 0.8% |
| Digicel Group Ltd. | 7.125% | 04/01/2022 | 0.8% |
| Israel Electric Corp. | 4.250% | 08/14/2028 | 0.8% |
| Banco Mercantil del Norte SA/Grand Cayman | 7.625% | 07/06/2167 | 0.8% |
| Saudi Electricity Global Sukuk Co. 3 | 5.500% | 04/08/2044 | 0.8% |
| KOC Holding AS | 5.250% | 03/15/2023 | 0.7% |
| Turkiye Is Bankasi | 5.000% | 04/30/2020 | 0.7% |
| Eskom Holdings SOC Ltd. | 5.750% | 01/26/2021 | 0.7% |
| MMC Norilsk Nickel OJSC via MMC Finance Ltd. | 4.100% | 04/11/2023 | 0.7% |
| Abu Dhabi National Energy Co. | 4.375% | 06/22/2026 | 0.7% |
| Turkiye Vakiflar Bankasi Tao | 5.625% | 05/30/2022 | 0.7% |
| Country Garden Holdings Co. Ltd. | 4.750% | 09/28/2023 | 0.7% |
| SURA Asset Management SA | 4.375% | 04/11/2027 | 0.7% |
| Saka Energi Indonesia PT | 4.450% | 05/05/2024 | 0.7% |
| QNB Finance Ltd. | 2.875% | 04/29/2020 | 0.7% |
| Industrial & Commercial Bank of China Ltd/Dubai | 2.625% | 05/26/2020 | 0.7% |
| JD.com, Inc. | 3.875% | 04/29/2026 | 0.7% |
| Braskem Netherlands Finance BV | 4.500% | 01/10/2028 | 0.7% |
| Kaisa Group Holdings Ltd. | 9.375% | 06/30/2024 | 0.7% |
| Qtel International Finance Ltd. | 3.250% | 02/21/2023 | 0.7% |
| Adani Ports & Special Economic Zone Ltd | 4.000% | 07/30/2027 | 0.7% |
| DP World Ltd. | 6.850% | 07/02/2037 | 0.7% |
| Petrobras Global Finance BV | 7.250% | 03/17/2044 | 0.6% |
| JB y Co SA de CV | 3.750% | 05/13/2025 | 0.6% |
| YPF S.A. | 7.000% | 12/15/2047 | 0.6% |
| Ecopetrol S.A. | 4.125% | 01/16/2025 | 0.5% |
| Eterna Capital Pte Ltd | 8.000% | 12/11/2022 | 0.5% |
| Gol Finance, Inc. | 7.000% | 01/31/2025 | 0.5% |
| Southern Copper Corp. | 5.875% | 04/23/2045 | 0.5% |
| Vale SA | 5.625% | 09/11/2042 | 0.5% |
| Bahamas Government International Bond | 6.000% | 11/21/2028 | 0.5% |
| Sberbank of Russia Via SB Capital S.A. | 5.250% | 05/23/2023 | 0.5% |
| Embraer Netherlands Finance BV | 5.050% | 06/15/2025 | 0.5% |
| Cemex, S.A.B. de C.V. | 3.750% | 03/15/2018 | 0.4% |
| Banco de Credito del Peru | 4.850% | 10/30/2020 | 0.4% |
| OJSC Novolipetsk Steel via Steel Funding Ltd. | 4.000% | 09/21/2024 | 0.4% |
| Petkim Petrokimya Holding AS | 5.875% | 01/26/2023 | 0.4% |
| Reliance Industries Ltd. | 4.125% | 01/28/2025 | 0.4% |
| Fenix Power Peru SA | 4.317% | 09/20/2027 | 0.4% |
| Medco Platinum Road Pte Ltd | 6.750% | 01/30/2025 | 0.4% |
| BBVA Bancomer SA | 5.125% | 01/18/2033 | 0.4% |
| Israel Government International Bond | 4.125% | 01/17/2048 | 0.4% |
| Industrial & Commercial Bank of China Ltd. | 3.538% | 11/08/2027 | 0.4% |
| Alibaba Group Holding Ltd. | 4.400% | 12/06/2057 | 0.4% |
| Arcos Dorados Holdings, Inc. | 5.875% | 04/04/2027 | 0.4% |
| FMG Finance Pty Ltd. | 9.750% | 03/01/2022 | 0.4% |
| OCP S.A. | 6.875% | 04/25/2044 | 0.4% |
| Kazakhstan Temir Zholy Finance BV | 6.950% | 07/10/2042 | 0.4% |
| Alfa Bank OJSC Via Alfa Bond Issuance plc | 7.750% | 04/28/2021 | 0.4% |
| MHP S.A. | 8.250% | 04/02/2020 | 0.4% |
| Aeropuertos Dominicanos Siglo XXI SA | 6.750% | 03/30/2029 | 0.4% |
| MHP S.A. | 7.750% | 05/10/2024 | 0.4% |
| China Overseas Finance Cayman V Ltd. | 5.350% | 11/15/2042 | 0.4% |
| Kernel Holding SA | 8.750% | 01/31/2022 | 0.4% |
| Teva Pharmaceutical Finance Netherlands III BV | 2.800% | 07/21/2023 | 0.4% |
| Fresnillo plc | 5.500% | 11/13/2023 | 0.4% |
| Bangkok Bank Public Co. Ltd. | 5.000% | 10/03/2023 | 0.4% |
| Eldorado Intl. Finance GmbH | 8.625% | 06/16/2021 | 0.4% |
| Gruposura Finance | 5.500% | 04/29/2026 | 0.4% |
| Dolphin Energy Ltd. | 5.500% | 12/15/2021 | 0.4% |
| Banco de Bogota SA | 6.250% | 05/12/2026 | 0.4% |
| Perusahaan Listrik Negara PT | 5.500% | 11/22/2021 | 0.4% |
| Sberbank of Russia Via SB Capital S.A. | 6.125% | 02/07/2022 | 0.4% |
| Latam Finance Ltd. | 6.875% | 04/11/2024 | 0.4% |
| Rumo Luxembourg Sarl | 7.375% | 02/09/2024 | 0.4% |
| Autopistas del Sol SA/Costa Rica | 7.375% | 12/30/2030 | 0.4% |
| Bahia Sul Holdings GmbH | 5.750% | 07/14/2026 | 0.4% |
| SingTel Group Treasury Pte Ltd. | 4.500% | 09/08/2021 | 0.4% |
| Turkiye Garanti Bankasi AS | 6.250% | 04/20/2021 | 0.4% |
| Delhi International Airport Pvt Ltd | 6.125% | 10/31/2026 | 0.4% |
| First Quantum Minerals Ltd. | 7.500% | 04/01/2025 | 0.4% |
| Zenith Bank plc | 7.375% | 05/30/2022 | 0.4% |
| Gruma SAB de CV | 4.875% | 12/01/2024 | 0.4% |
| Bharti Airtel International Netherlands BV | 5.125% | 03/11/2023 | 0.4% |
| HT Global IT Solutions Holdings Ltd | 7.000% | 07/14/2021 | 0.4% |
| Pampa Energia SA | 7.500% | 01/24/2027 | 0.4% |
| Centrais Eletricas Brasileiras SA | 5.750% | 10/27/2021 | 0.4% |
| Bank of China Ltd. | 5.000% | 11/13/2024 | 0.4% |
| VimpelCom Holdings BV | 5.950% | 02/13/2023 | 0.4% |
| Acwa Power Management And Investments One Ltd | 5.950% | 12/15/2039 | 0.4% |
| BBVA Banco Continental S.A. | 5.000% | 08/26/2022 | 0.4% |
| Egypt Government International Bond | 7.903% | 02/21/2048 | 0.4% |
| VM Holding SA | 5.375% | 05/04/2027 | 0.4% |
| Lukoil International Finance BV | 4.750% | 11/02/2026 | 0.4% |
| PTT Global Chemical pcl | 4.250% | 09/19/2022 | 0.4% |
| Zenith Bank plc | 6.250% | 04/22/2019 | 0.4% |
| ABJA Investment Co. Pte Ltd. | 5.950% | 07/31/2024 | 0.4% |
| Telefonica Celular del Paraguay SA | 6.750% | 12/13/2022 | 0.4% |
| Woori Bank | 4.750% | 04/30/2024 | 0.4% |
| Dominican Republic International Bond | 6.500% | 02/15/2048 | 0.4% |
| Gas Natural de Lima y Callao S.A. | 4.375% | 04/01/2023 | 0.4% |
| Tullow Oil plc | 6.250% | 04/15/2022 | 0.4% |
| Banco de Credito del Peru | 4.250% | 04/01/2023 | 0.4% |
| MTS International Funding Ltd. | 5.000% | 05/30/2023 | 0.4% |
| Capex SA | 6.875% | 05/15/2024 | 0.4% |
| MAF Sukuk Ltd. | 4.500% | 11/03/2025 | 0.4% |
| Energuate Trust | 5.875% | 05/03/2027 | 0.4% |
| Geopark Ltd. | 6.500% | 09/21/2024 | 0.4% |
| JSL Europe SA | 7.750% | 07/26/2024 | 0.4% |
| Pratama Agung Pte Ltd | 6.250% | 02/24/2020 | 0.4% |
| CNPC General Capital Ltd. | 3.950% | 04/19/2022 | 0.4% |
| National Savings Bank | 5.150% | 09/10/2019 | 0.4% |
| Cia Minera Milpo SAA | 4.625% | 03/28/2023 | 0.4% |
| Cosan Luxembourg SA | 5.000% | 03/14/2023 | 0.4% |
| Nigeria Government International Bond | 7.143% | 02/23/2030 | 0.4% |
| Altice Financing S.A. | 6.625% | 02/15/2023 | 0.4% |
| Grupo KUO SAB De CV | 5.750% | 07/07/2027 | 0.4% |
| CNOOC Finance 2012 Ltd. | 3.875% | 05/02/2022 | 0.4% |
| SMU S.A. | 7.750% | 02/08/2020 | 0.4% |
| Myriad International Holdings BV | 4.850% | 07/06/2027 | 0.4% |
| E.CL SA | 4.500% | 01/29/2025 | 0.4% |
| GNL Quintero SA | 4.634% | 07/31/2029 | 0.4% |
| Aegea Finance Sarl | 5.750% | 10/10/2024 | 0.4% |
| Itau Unibanco Holding SA (Cayman Islands) | 6.125% | 12/12/2167 | 0.4% |
| China Evergrande Group | 8.750% | 06/28/2025 | 0.4% |
| China Oil & Gas Group Ltd. | 5.000% | 05/07/2020 | 0.4% |
| Petroleos del Peru SA | 5.625% | 06/19/2047 | 0.4% |
| Sociedad Quimica y Minera de Chile S.A. | 3.625% | 04/03/2023 | 0.4% |
| Transportadora de Gas del Peru SA | 4.250% | 04/30/2028 | 0.4% |
| China Overseas Finance Cayman V Ltd. | 3.950% | 11/15/2022 | 0.4% |
| Turkiye Sise ve Cam Fabrikalari AS | 4.250% | 05/09/2020 | 0.4% |
| Gerdau Trade, Inc. | 4.875% | 10/24/2027 | 0.4% |
| Natura Cosmeticos SA | 5.375% | 02/01/2023 | 0.4% |
| Grupo Cementos de Chihuahua SAB de CV | 5.250% | 06/23/2024 | 0.4% |
| Oversea-Chinese Banking Corp. Ltd. | 3.150% | 03/11/2023 | 0.4% |
| Cementos Pacasmayo SAA | 4.500% | 02/08/2023 | 0.4% |
| Celeo Redes Operacion Chile SA | 5.200% | 06/22/2047 | 0.4% |
| Marble II Pte Ltd. | 5.300% | 06/20/2022 | 0.4% |
| Inkia Energy Ltd. | 5.875% | 11/09/2027 | 0.4% |
| Akbank TAS | 6.797% | 04/27/2028 | 0.4% |
| Yingde Gases Investment Ltd | 6.250% | 01/19/2023 | 0.4% |
| WTT Investment Ltd/Hong Kong | 5.500% | 11/21/2022 | 0.4% |
| Vedanta Resources plc | 6.125% | 08/09/2024 | 0.4% |
| China Railway Resources Huitung Ltd. | 3.850% | 02/05/2023 | 0.4% |
| United Overseas Bank Ltd. | 3.500% | 09/16/2026 | 0.4% |
| Turkiye Garanti Bankasi AS | 6.125% | 05/24/2027 | 0.4% |
| Ecuador Government International Bond | 7.875% | 01/23/2028 | 0.4% |
| Press Metal Labuan Ltd | 4.800% | 10/30/2022 | 0.4% |
| Tencent Holdings Ltd. | 3.800% | 02/11/2025 | 0.4% |
| Alibaba Group Holding Ltd. | 3.600% | 11/28/2024 | 0.4% |
| ADCB Finance Cayman Ltd. | 2.750% | 09/16/2019 | 0.4% |
| Huarong Finance 2017 Co Ltd | 4.500% | 01/24/2167 | 0.4% |
| Bank of China Ltd./Hong Kong | 3.875% | 06/30/2025 | 0.4% |
| Azul Investments LLP | 5.875% | 10/26/2024 | 0.4% |
| Baidu, Inc. | 3.500% | 11/28/2022 | 0.4% |
| Axis Bank Ltd./Dubai | 3.250% | 05/21/2020 | 0.4% |
| Emirates Telecommunications Corp. | 3.500% | 06/18/2024 | 0.4% |
| Turkiye Halk Bankasi AS | 4.750% | 06/04/2019 | 0.4% |
| Emirates Semb Corp Water & Power Co PJSC | 4.450% | 08/01/2035 | 0.4% |
| Corp Nacional del Cobre de Chile | 4.500% | 08/01/2047 | 0.4% |
| Unifin Financiera SAB de CV SOFOM ENR | 7.000% | 01/15/2025 | 0.4% |
| EXIM Sukuk Malaysia Bhd | 2.874% | 02/19/2019 | 0.4% |
| Phosagro OAO via Phosagro Bond Funding Ltd | 3.949% | 04/24/2023 | 0.4% |
| First Quantum Minerals Ltd. | 6.875% | 03/01/2026 | 0.4% |
| Hyundai Capital America | 2.600% | 03/19/2020 | 0.4% |
| Banistmo SA | 3.650% | 09/19/2022 | 0.4% |
| Abu Dhabi National Energy Co. | 3.625% | 01/12/2023 | 0.4% |
| Akbank TAS | 4.000% | 01/24/2020 | 0.4% |
| Indika Energy Capital III Pte Ltd | 5.875% | 11/09/2024 | 0.4% |
| Bank of India | 3.125% | 05/06/2020 | 0.4% |
| Halcyon Agri Corp Ltd | 4.500% | 10/26/2099 | 0.4% |
| CSN Resources SA | 6.500% | 07/21/2020 | 0.4% |
| Listrindo Capital BV | 4.950% | 09/14/2026 | 0.3% |
| Huarong Finance II Co Ltd | 4.625% | 06/03/2026 | 0.3% |
| Abu Dhabi Crude Oil Pipeline LLC | 4.600% | 11/02/2047 | 0.3% |
| Banco Safra SA/Cayman Islands | 4.125% | 02/08/2023 | 0.3% |
| State Grid Overseas Investment 2016 Ltd | 2.250% | 05/04/2020 | 0.3% |
| Finansbank A.S. | 4.875% | 05/19/2022 | 0.3% |
| Fibria Overseas Finance Ltd. | 4.000% | 01/14/2025 | 0.3% |
| Turkiye Vakiflar Bankasi Tao | 5.750% | 01/30/2023 | 0.3% |
| Shinhan Bank | 2.250% | 04/15/2020 | 0.3% |
| Tupras Turkiye Petrol Rafine | 4.500% | 10/18/2024 | 0.3% |
| Colbun S.A. | 3.950% | 10/11/2027 | 0.3% |
| CNOOC Finance (2015) U.S.A. LLC | 3.500% | 05/05/2025 | 0.3% |
| Equate Petrochemical BV | 3.000% | 03/03/2022 | 0.3% |
| Korea Development Bank | 2.500% | 01/13/2021 | 0.3% |
| Industrial Bank of Korea | 2.000% | 04/23/2020 | 0.3% |
| Minejesa Capital BV | 4.625% | 08/10/2030 | 0.3% |
| Greenko Dutch BV | 5.250% | 07/24/2024 | 0.3% |
| Banco do Brasil SA | 4.625% | 01/15/2025 | 0.3% |
| CK Hutchison International 17 Ltd | 3.500% | 04/05/2027 | 0.3% |
| Banco de Bogota SA | 4.375% | 08/03/2027 | 0.3% |
| Pakuwon Prima Pte Ltd | 5.000% | 02/14/2024 | 0.3% |
| CIMPOR Financial Operations BV | 5.750% | 07/17/2024 | 0.3% |
| Rede D'or Finance Sarl | 4.950% | 01/17/2028 | 0.3% |
| Cencosud SA | 4.375% | 07/17/2027 | 0.3% |
| NBK SPC Ltd. | 2.750% | 05/30/2022 | 0.3% |
| Tengizchevroil Finance Co International Ltd | 4.000% | 08/15/2026 | 0.3% |
| Chandra Asri Petrochemical Tbk PT | 4.950% | 11/08/2024 | 0.3% |
| Digicel Ltd. | 6.750% | 03/01/2023 | 0.3% |
| Petroamazonas EP | 4.625% | 11/06/2020 | 0.3% |
| Teva Pharmaceutical Finance Co. B.V. | 3.650% | 11/10/2021 | 0.3% |
| Qtel International Finance Ltd. | 3.875% | 01/31/2028 | 0.3% |
| Arcor | 6.000% | 07/06/2023 | 0.3% |
| SACI Falabella | 3.750% | 10/30/2027 | 0.3% |
| Sinopec Group Overseas Development Ltd. | 4.100% | 04/28/2045 | 0.3% |
| Turkiye Halk Bankasi AS | 4.750% | 02/11/2021 | 0.3% |
| Mexichem SAB de CV | 5.500% | 01/15/2048 | 0.3% |
| CNAC HK Finbridge Co Ltd | 4.125% | 07/19/2027 | 0.3% |
| Intercorp Financial Services Inc | 4.125% | 10/19/2027 | 0.3% |
| Banco de Credito e Inversiones | 3.500% | 10/12/2027 | 0.3% |
| GMR Hyderabad International Airport Ltd | 4.250% | 10/27/2027 | 0.3% |
| ICICI Bank Ltd., Dubai | 3.800% | 12/14/2027 | 0.3% |
| Tencent Holdings Ltd. | 3.925% | 01/19/2038 | 0.3% |
| Minerva Luxembourg SA | 5.875% | 01/19/2028 | 0.3% |
| Infraestructura Energetica Nova SAB de CV | 4.875% | 01/14/2048 | 0.3% |
| Vale Overseas Ltd. | 4.375% | 01/11/2022 | 0.3% |
| Republic of Argentina | 0.000% | 12/15/2035 | 0.3% |
| Nakilat, Inc. | 6.267% | 12/31/2033 | 0.3% |
| Ras Laffan Liquefied Natural Gas Co., Ltd. | 5.298% | 09/30/2020 | 0.3% |
| Petroleos Mexicanos | 5.500% | 06/27/2044 | 0.3% |
| Dominican Republic International Bond | 8.900% | 02/15/2023 | 0.3% |
| BanColombia SA | 5.950% | 06/03/2021 | 0.3% |
| AngloGold Ashanti Holdings plc | 6.500% | 04/15/2040 | 0.3% |
| Provincia de la Rioja | 9.750% | 02/24/2025 | 0.3% |
| Province of Neuquen | 8.625% | 05/12/2028 | 0.3% |
| Terraform Global Operating LLC | 6.125% | 03/01/2026 | 0.3% |
| Banco Regional SAECA | 8.125% | 01/24/2019 | 0.3% |
| Samarco Mineracao S.A. | 4.125% | 11/01/2022 | 0.3% |
| Grupo Televisa SAB | 6.625% | 01/15/2040 | 0.3% |
| Republic of Argentina | 7.820% | 12/31/2033 | 0.3% |
| Republic of Argentina | 6.875% | 01/26/2027 | 0.3% |
| Rio Energy SA / UGEN SA / UENSA SA | 6.875% | 02/01/2025 | 0.3% |
| Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/01/2026 | 0.2% |
| Emirates Airline | 4.500% | 02/06/2025 | 0.2% |
| Republic of Argentina | 4.625% | 01/11/2023 | 0.2% |
| Guanay Finance Ltd. | 6.000% | 12/15/2020 | 0.2% |
| IRSA Propiedades Comerciales SA | 8.750% | 03/23/2023 | 0.2% |
| Dubai Electricity & Wtr Auth | 7.375% | 10/21/2020 | 0.2% |
| Bangkok Bank Public Co. Ltd. | 4.800% | 10/18/2020 | 0.2% |
| Petronas Capital Ltd. | 5.250% | 08/12/2019 | 0.2% |
| Ecopetrol S.A. | 5.875% | 05/28/2045 | 0.2% |
| Province of Neuquen | 7.500% | 04/27/2025 | 0.2% |
| Barminco Finance Pty Ltd. | 6.625% | 05/15/2022 | 0.1% |
| Provincia de Buenos Aires, Argentina | 6.500% | 02/15/2023 | 0.1% |
| Republic of Uruguay | 8.500% | 03/15/2028 | 0.1% |
| Vedanta Ltd | 0.000% | - | 0.1% |
| Vale Overseas Ltd. | 6.250% | 08/10/2026 | 0.1% |
| Eterna Capital Pte Ltd | 6.000% | 12/11/2022 | 0.1% |
| Yum! Brands, Inc. | 5.350% | 11/01/2043 | 0.1% |
| Popular, Inc. | 7.000% | 07/01/2019 | 0.1% |
| US ULTRA BOND CBT JUN18 | 0.000% | 06/29/2018 | 0.0% |
| US 10YR NOTE (CBT)JUN18 | 0.000% | 06/29/2018 | 0.0% |
| EURO-BOBL FUT Mar18 | 0.000% | 03/12/2018 | 0.0% |
| US LONG BOND(CBT) JUN18 | 0.000% | 06/29/2018 | 0.0% |
| US 2YR NOTE (CBT) JUN18 | 0.000% | 07/05/2018 | 0.0% |
| US 10YR ULTRA FUT JUN18 | 0.000% | 06/29/2018 | 0.0% |
| US 5YR NOTE (CBT) JUN18 | 0.000% | 07/05/2018 | 0.0% |
| FX USD/EUR 12/18 | 0.000% | 12/20/2018 | 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 04/25/2018
- $0.159
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| 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 | 04/30/2018 |
| Daily | Daily | 05/31/2018 |
| Daily | Daily | 06/30/2018 |
| Daily | Daily | 07/31/2018 |
| Daily | Daily | 08/31/2018 |
| Daily | Daily | 09/30/2018 |
| 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 |
|---|---|---|---|---|---|
| 12/14/2017 | 12/15/2017 | $0.0784 | $0.0776 | $0.1560 | $15.56 |
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 |
|---|---|
| 07/30/2018 | 07/31/2018 |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 04/25/2018
| Sales Charge | Dealer's Concession | Prices at Breakpoint | |
|---|---|---|---|
| Less than $100,000 | 2.25% | 2.00% | $15.40 |
| $100,000 to $249,999 | 1.75% | 1.50% | $15.32 |
| $250,000 to $499,999 | 1.25% | 1.00% | $15.24 |
| $500,000 to $999,999 | 0.00% | 1.00% | $15.05 |
| $1,000,000 to $5,000,000 | 0.00% | 1.00% | $15.05 |
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 03/31/2018
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 04/30/2018. 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
|
0Documents selected
|
Order | ||||
|---|---|---|---|---|---|
|
Summary Prospectus
Publish Date:11/03/2015
|
|||||
| n/a |
Statutory Prospectus
Publish Date:11/03/2015
|
||||
| n/a |
Prospectus (XBRL)
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
|
|||||
|
Commentary
Publish Date:11/03/2015
|
|||||
|
Flyer
Publish Date:11/03/2015
|
|||||
|
Capital Markets Presentation
Publish Date:11/03/2015
|
|||||