Image alt tag

Page not optimized for mobile browsing

DST vision is best viewed on desktop and tablet

The Muni-Ladder Interest Rate Scenario Tool is only available on desktop and tablet.

PROCEED GO TO LORDABBETT.COM

Error!

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)
View All Tracked Funds
View All Tracked Funds

Quick Links

Follow Us

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

Check Out Go Literature Center

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Global Bond Fund

Daily price w/o sales charge as of 04/07/2020

$9.24

arrowUp$0.07

YTD Returns w/o sales charge as of 04/07/2020

-7.90%

Click here to view all legal text including risk information

Summary

Summary

What is the Global Bond Fund?

The Fund seeks to deliver total return by investing in bonds across multiple sectors in developed and emerging markets located throughout the world. 

 

Yield

Dividend Yield 1 as of 04/07/2020  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.71% 1.62%

30-Day Standardized Yield 2 as of 02/29/2020  

  Subsidized3 Un-Subsidized4
w/o sales charge 2.35% 0.43%

Fund Basicsas of 02/28/2020

Total Net Assets
$10.91 M
Inception Date
08/01/2018
Dividend Frequency
Monthly
Fund Gross Expense Ratio
2.55%
Fund Net Expense Ratio
0.46%
Number of Holdings
346

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2018
w/o sales charge -7.68% -2.94% - - - -0.58%
Lipper Category Avg. Global Income Funds -4.15% 0.64% - - - -
Bloomberg Barclays Global Aggregate Index -0.33% 4.20% - - - 4.12%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2018
w/o sales charge -7.68% -2.94% - - - -0.58%
Lipper Category Avg. Global Income Funds -4.15% 0.64% - - - -
Bloomberg Barclays Global Aggregate Index -0.33% 4.20% - - - 4.12%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

Investment Team

Andrew H. O'Brien
Andrew H. O'Brien, CFA

Partner & Portfolio Manager

21 Years of Industry Experience

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Director of Taxable Fixed Income

18 Years of Industry Experience

Kewjin Yuoh
Kewjin Yuoh

Partner & Portfolio Manager

25 Years of Industry Experience

Leah G. Traub
Leah G. Traub, Ph.D.

Partner & Portfolio Manager

18 Years of Industry Experience

Annika M. Lombardi
Annika M. Lombardi

Portfolio Manager

12 Years of Industry Experience

Supported By 64 Investment Professionals with 15 Years Avg. Industry Experience

Contact a Representative

To contact your representative, enter your zip code and select your channel below.

Performance

Performance

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2018
w/o sales charge -7.68% -2.94% - - - -0.58%
Lipper Category Avg. Global Income Funds -4.15% 0.64% - - - -
Bloomberg Barclays Global Aggregate Index -0.33% 4.20% - - - 4.12%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 07/31/2018
w/o sales charge -7.68% -2.94% - - - -0.58%
Lipper Category Avg. Global Income Funds -4.15% 0.64% - - - -
Bloomberg Barclays Global Aggregate Index -0.33% 4.20% - - - 4.12%

Fund Expense Ratio :

Gross 2.55%

Net 0.46%

Year Fund Returns Bloomberg Barclays Global Aggregate Index
2019 8.66% 6.84%
2018 -1.28% -1.20%
Year Q1 Q2 Q3 Q4 Yearly Returns
2020 -7.68% - - - -7.90%
2019 3.36% 3.43% 0.08% 1.56% 8.66%
2018 - - - -1.02% -1.28%

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Type Assets
Non-US Corp High Grade
Sovereign Developed
US Corp High Grade
US Corp High Yield
Govt
Non-US Corp High Yield
MBS Passthrough
Sovereign Emerging
ABS
Currency
MBS Other
CMBS
US Bank Loan High Yield
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 02/28/2020

Rating Assets
U.S. Treasury
Agency
AAA
AA
A
BBB
BB
B
CCC
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 higher credit rating. 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 Positioning as of 12/31/2019

  • The portfolio maintains a flexible, multi-sector approach with the ability to have exposure to more credit-sensitive sectors outside of its benchmark, the Bloomberg Barclays Global Aggregate Index. The portfolio seeks to deliver total return by investing in bonds across multiple sectors in developed and emerging markets located throughout the world. Primary sector allocations include investment grade and high yield corporate bonds, sovereign debt, mortgage-backed securities (“MBS”), and asset-backed securities (“ABS”).
  • As European yields became more negative at the end of the summer, we began reducing the portfolio’s allocation to core European countries to lock in the higher prices. In particular, we reduced the portfolio’s allocation to both sovereign securities and investment grade corporate bonds within Germany and France, mitigating the impact from the subsequent rise in developed sovereign bond yields throughout the quarter.
  • We increased the portfolio’s allocation to emerging market sovereign securities following weak performance in the third quarter due to trade tensions and concerns over slowing global growth. With trade tensions between the U.S. and China being alleviated and our expectation that central banks across the globe will hold steady and that the global economy will rebound, we anticipate emerging market securities will be positively impacted.
  • Given the continued tightening within corporate credit, we have reduced the portfolio’s allocation to U.S. investment grade corporate bonds and both U.S. and non-U.S. high yield corporates while opportunistically adding to sectors that offer attractive relative value and carry opportunities. We modestly increased the portfolio’s allocation to securitized products and bank loans, as we anticipate spreads will compress within these sectors in the upcoming months.

Portfolio Details as of 02/28/2020

Total Net Assets
$10.91 M
Number of Issues
346
Average Coupon
3.91%
Average Life
8.1 Years
Average Maturity
10.51 Years
Average Effective Duration
6.34 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 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
30-YR UMBS-TBA PROD MAR 3.500% 06/01/2049 3.4%
30-YR UMBS-TBA PROD APR 3.000% 05/01/2049 3.4%
Country Garden Holdings Co. Ltd. 4.750% 01/17/2023 1.9%
U.S. Treasury Note/Bond 2.750% 11/15/2047 1.7%
China Development Bank 3.480% 01/08/2029 1.5%
U.S. Treasury Note/Bond 1.500% 02/15/2030 1.4%
CPUK Finance Ltd 3.588% 08/28/2025 1.3%
China Development Bank 3.420% 07/02/2024 1.3%
Pinewood Finance Co Ltd 3.250% 09/30/2025 1.2%
UniCredit S.p.A. 6.950% 10/31/2022 1.2%
% of Total Assets 18.3%
Holding Coupon Maturity Assets
30-YR UMBS-TBA PROD MAR3.500% 06/01/20493.4%
30-YR UMBS-TBA PROD APR3.000% 05/01/20493.4%
Country Garden Holdings Co. Ltd.4.750% 01/17/20231.9%
U.S. Treasury Note/Bond2.750% 11/15/20471.7%
China Development Bank3.480% 01/08/20291.5%
U.S. Treasury Note/Bond1.500% 02/15/20301.4%
CPUK Finance Ltd3.588% 08/28/20251.3%
China Development Bank3.420% 07/02/20241.3%
Pinewood Finance Co Ltd3.250% 09/30/20251.2%
UniCredit S.p.A.6.950% 10/31/20221.2%
Comcast Corp.1.500% 02/20/20291.2%
AA Bond Co Ltd2.750% 07/31/20231.2%
Kerry Group Financial Services Unltd Co2.375% 09/10/20251.2%
Bacardi Ltd.2.750% 07/03/20231.1%
Cassa Depositi e Prestiti SpA2.125% 09/27/20231.1%
Mclaren Finance PLC5.000% 08/01/20221.1%
Newell Rubbermaid, Inc.3.750% 10/01/20211.1%
Netflix, Inc.3.875% 11/15/20291.1%
Aroundtown SA1.450% 07/09/20281.1%
Credit Suisse Group AG1.250% 07/17/20251.1%
Ubisoft Entertainment SA1.289% 01/30/20231.1%
Japan Government Two Year Bond0.100% 02/01/20221.0%
Japan Government Twenty Year Bond1.400% 09/20/20341.0%
U.S. Treasury Note/Bond3.625% 08/15/20431.0%
U.S. Treasury Note0.500% 04/15/20241.0%
Lincoln Financing SARL3.625% 04/01/20241.0%
Q-Park Holding I BV2.000% 03/01/20271.0%
AT&T, Inc.2.875% 02/18/21701.0%
RCS & RDS SA3.250% 02/05/20281.0%
Carnival plc1.000% 10/28/20291.0%
Lloyds Bank plc6.500% 09/14/20201.0%
Sigma Holdco BV5.750% 05/15/20261.0%
United Kingdom Gilt1.500% 07/22/20471.0%
Wingstop Funding 2018-1 LLC4.970% 12/05/20481.0%
NBCUniversal Enterprise, Inc.5.250% 06/19/20991.0%
Perimeter Master Note Business Trust4.230% 05/15/20241.0%
Intrum Justitia AB3.000% 09/15/20271.0%
CPS Auto Receivables Trust 2016-C5.920% 06/15/20221.0%
Residential Mortgage Loan Trust 2020-12.376% 02/25/20240.9%
Verus Securitization Trust 2020-12.417% 01/25/20600.9%
New Residential Mortgage Loan Trust 2020-NQM12.464% 01/26/20600.9%
American Express Credit Account Master Trust2.670% 10/17/20220.9%
Discover Card Execution Note Trust1.900% 10/17/20220.9%
Spain Government Bond4.200% 01/31/20370.9%
Italy Buoni Poliennali Del Tesoro1.750% 07/01/20240.9%
U.S. Treasury Note/Bond4.500% 02/15/20360.8%
United Kingdom Gilt1.625% 10/22/20280.8%
China Development Bank3.680% 02/26/20260.8%
U.S. Treasury Note/Bond2.000% 02/15/20500.8%
Japan Government Twenty Year Bond0.400% 03/20/20390.8%
French Republic Government Bond OAT2.000% 05/25/20480.8%
U.S. Treasury Note/Bond4.375% 05/15/20400.8%
Wells Fargo & Co.3.473% 03/04/20210.7%
Japan Government Thirty Year Bond0.400% 06/20/20490.7%
City of Toronto Canada3.900% 09/29/20230.7%
ESB Finance DAC6.500% 03/05/20200.6%
EUROFIMA3.900% 12/19/20250.6%
Chesapeake Funding II LLC2.028% 08/15/20300.6%
Brazil Notas do Tesouro Nacional Serie F10.000% 01/01/20290.6%
African Development Bank Group3.350% 08/08/20280.6%
Cox Communications, Inc.8.375% 03/01/20390.5%
United Kingdom Gilt1.750% 09/07/20370.5%
Macquarie Group Ltd.3.763% 11/28/20280.5%
Brightsphere Investment Group Inc4.800% 07/27/20260.5%
Macquarie Bank Ltd.6.625% 04/07/20210.5%
ME Funding LLC 2019-16.448% 07/30/20490.5%
Indonesia Treasury Bond8.375% 03/15/20240.5%
Goldman Sachs Group, Inc.5.250% 07/27/20210.5%
Spain Government Bond1.850% 07/30/20350.5%
Marathon Petroleum Corp.5.375% 10/01/20220.5%
Province of Saskatchewan Canada4.750% 06/01/20400.5%
Citigroup, Inc.3.484% 03/30/20210.5%
City of Montreal Canada4.250% 12/01/20320.5%
Morgan Stanley3.146% 01/20/20220.5%
Bank of America Corp.2.369% 07/21/20210.5%
Italy Buoni Poliennali Del Tesoro2.450% 09/01/20330.5%
South Africa Government Bond8.750% 02/28/20480.5%
United Kingdom Gilt4.250% 12/07/20270.4%
International Finance Corp.4.250% 08/21/20230.4%
Queensland Treasury Corp.1.750% 08/21/20310.4%
JP Morgan Chase Commercial Mortgage Securities Tru2.659% 06/15/20320.4%
British Telecommunications plc8.625% 03/26/20200.4%
United Kingdom Gilt0.750% 07/22/20230.4%
Citigroup Commercial Mortgage Trust 2016-GC362.850% 02/10/20490.4%
Brazil Letras do Tesouro Nacional0.000% 07/01/20220.4%
CSAIL 2016-C7 Commercial Mortgage Trust4.387% 11/15/20490.4%
Italy Buoni Poliennali Del Tesoro3.850% 09/01/20490.4%
Neuberger Berman Group LLC4.875% 04/15/20450.4%
Toronto Hydro Corp3.540% 11/18/20210.4%
Spain Government Bond1.450% 04/30/20290.3%
Ecopetrol S.A.5.875% 05/28/20450.3%
General Motors Co.6.750% 04/01/20460.3%
French Republic Government Bond OAT4.500% 04/25/20410.3%
Origin Energy Finance Ltd.5.450% 10/14/20210.3%
Federal National Mortgage Assoc.4.000% 01/01/20480.3%
Sabine Pass Liquefaction LLC5.875% 06/30/20260.3%
Continental Resources, Inc.5.000% 09/15/20220.3%
Dell International LLC / EMC Corp.8.350% 07/15/20460.3%
COMM Mortgage Trust4.435% 07/10/20500.3%
Ausgrid Finance Pty Ltd4.350% 08/01/20280.3%
Italy Buoni Poliennali Del Tesoro1.350% 04/01/20300.3%
Telstra Corp., Ltd.7.750% 07/15/20200.3%
Netflix, Inc.5.875% 02/15/20250.3%
Bahamas Government International Bond6.950% 11/20/20290.3%
Swedbank Hypotek AB1.000% 09/18/20240.3%
U.S. Treasury Note/Bond1.125% 02/28/20250.3%
Republic of Turkey7.375% 02/05/20250.3%
Republic of Turkey6.875% 03/17/20360.3%
MPLX L.P.3.002% 09/09/20210.3%
Petroleos Mexicanos5.350% 02/12/20280.3%
Federal Home Loan Mortgage Corp.4.000% 10/01/20490.3%
United Kingdom Gilt2.000% 07/22/20200.3%
BAT Capital Corp2.790% 08/15/20220.3%
Patrick Industries, Inc.7.500% 10/15/20270.3%
Citigroup Commercial Mortgage Trust 2016-P32.804% 04/15/20490.3%
Great Wolf Trust 2019-WOLF2.693% 12/15/20360.3%
COMM Mortgage Trust4.435% 07/10/20500.3%
Teachers Insurance & Annuity Association of Americ4.900% 09/15/20440.3%
Indonesia Treasury Bond8.375% 03/15/20340.3%
Valero Energy Corp.10.500% 03/15/20390.3%
Numericable Group S.A.7.375% 05/01/20260.2%
PPL WEM Ltd./Western Power Distribution Ltd.5.375% 05/01/20210.2%
United Mexican States, MTN4.750% 03/08/20440.2%
RBS Global & Rexnord Corp.4.875% 12/15/20250.2%
Hungary Government Bond3.000% 08/21/20300.2%
General Electric Co.2.801% 04/15/20200.2%
BA Credit Card Trust1.950% 08/15/20220.2%
Hyundai Capital America3.450% 03/12/20210.2%
Capital Auto Receivables Asset Trust 2018-12.790% 01/20/20220.2%
BX Trust 2019-OC113.202% 12/09/20410.2%
Trimble Navigation Ltd.4.900% 06/15/20280.2%
Goldman Sachs Group, Inc.6.750% 10/01/20370.2%
TransDigm, Inc.6.250% 03/15/20260.2%
Santander Drive Auto Receivables Trust 2018-34.070% 08/15/20240.2%
Stars Group Holdings BV / Stars Group US Co-Borrow7.000% 07/15/20260.2%
DKT Finance ApS9.375% 06/17/20230.2%
JP Morgan Chase Commercial Mortgage Securities Tru4.659% 06/15/20350.2%
Navient Corp.6.750% 06/25/20250.2%
Fibria Overseas Finance Ltd.5.250% 05/12/20240.2%
Empresas Publicas de Medellin ESP8.375% 11/08/20270.2%
AMC Networks, Inc.4.750% 08/01/20250.2%
William Carter Co.5.625% 03/15/20270.2%
Egypt Government Bond15.700% 11/07/20270.2%
Aston Martin Capital Holdings Ltd6.500% 04/15/20220.2%
Gray Television, Inc.7.000% 05/15/20270.2%
TRI Pointe Homes LLC5.250% 06/01/20270.2%
CF Industries, Inc.5.150% 03/15/20340.2%
JP Morgan Chase Commercial Mortgage Securities Tru2.959% 06/15/20320.2%
WeWork Cos Inc7.875% 05/01/20250.2%
Berry Petroleum Co.7.000% 02/15/20260.2%
Chobani LLC / Chobani Finance Corp Inc7.500% 04/15/20250.2%
DISH DBS Corp.7.750% 07/01/20260.2%
Popular, Inc.6.125% 09/14/20230.2%
Presidio Holdings Inc4.875% 02/01/20270.2%
Buckeye Partners L.P.6.375% 01/22/20780.2%
Century Communities, Inc.6.750% 06/01/20270.2%
JB Poindexter & Co., Inc.7.125% 04/15/20260.2%
Drive Auto Receivables Trust3.660% 11/15/20240.2%
BWAY Holding Co.7.250% 04/15/20250.1%
Ingevity Corp.4.500% 02/01/20260.1%
Brand Energy & Infrastructure Services Inc8.500% 07/15/20250.1%
Penn National Gaming, Inc.5.625% 01/15/20270.1%
Panther BF Aggregator 2 LP / Panther Finance Co In8.500% 05/15/20270.1%
Drive Auto Receivables Trust3.360% 10/17/20220.1%
Itron, Inc.5.000% 01/15/20260.1%
EW Scripps Co.5.125% 05/15/20250.1%
AmeriCredit Automobile Receivables 2015-43.720% 12/08/20210.1%
Scientific Games International, Inc.7.250% 11/15/20290.1%
Intelsat Jackson Holdings SA5.500% 08/01/20230.1%
Centene Corp.3.375% 02/15/20300.1%
Laredo Petroleum Holdings, Inc.9.500% 01/15/20250.1%
FX JPY/USD 04/200.000% 04/30/20200.1%
Baffinland Iron Mines Corp / Baffinland Iron Mines8.750% 07/15/20260.1%
MEG Energy Corp.7.125% 02/01/20270.1%
Signature Aviation US Holdings Inc4.000% 03/01/20280.1%
Leidos, Inc.7.125% 07/01/20320.1%
FX USD/GBP 03/200.000% 03/05/20200.1%
Mattel, Inc.5.450% 11/01/20410.1%
Oasis Petroleum, Inc.6.875% 03/15/20220.1%
Ashland, Inc.6.875% 05/15/20430.1%
MEDNAX, Inc.6.250% 01/15/20270.1%
EPR Properties4.950% 04/15/20280.1%
Newell Rubbermaid, Inc.5.625% 04/01/20360.1%
Clearway Energy Operating LLC4.750% 03/15/20280.1%
Surgery Center Holdings, Inc.10.000% 04/15/20270.1%
New Gold, Inc.6.250% 11/15/20220.1%
Global Aircraft Leasing Co Ltd6.500% 09/15/20240.1%
Optiv Sec, Inc.4.853% 02/01/20240.1%
Geo Group, Inc.6.000% 04/15/20260.1%
Rite Aid Corp.6.125% 04/01/20230.1%
Playtika Holding Corp7.603% 12/03/20240.1%
Tesla Motors, Inc.5.300% 08/15/20250.1%
Boyd Gaming Corp.4.750% 12/01/20270.1%
BBCMS 2019-BWAY Mortgage Trust2.615% 11/25/20340.1%
Exgen Renewables IV, LLC4.620% 11/28/20240.1%
Valeant Pharmaceuticals International, Inc.5.250% 01/30/20300.1%
Titan Sub LLC6.603% 09/19/20260.1%
Cheniere Corpus Christi Holdings LLC5.125% 06/30/20270.1%
Minotaur Acquisition Inc6.603% 02/27/20260.1%
Navicure Inc5.603% 09/18/20260.1%
Beazer Homes USA, Inc.7.250% 10/15/20290.1%
Sprint Capital Corp.6.875% 11/15/20280.1%
BCD Acquisition, Inc.9.625% 09/15/20230.1%
Parexel Intl Corp.4.353% 09/27/20240.1%
Hayward Acquisition Corp.5.103% 08/05/20240.1%
DG Investment Intermediate Holdings 2, Inc. (aka Convergint Technologies Holdings, LLC)4.603% 02/03/20250.1%
Select Medical Corp.6.250% 08/15/20260.1%
Uber Technologies Inc8.000% 11/01/20260.1%
Helix Gen Funding, LLC5.353% 06/03/20240.1%
Medallion Midland4.853% 10/31/20240.1%
CCO Holdings LLC / CCO Holdings Capital Corp.5.875% 05/01/20270.1%
Forterra, Inc.4.603% 10/25/20230.1%
Adient US LLC7.000% 05/15/20260.1%
Advisor Group Holdings Inc10.750% 08/01/20270.1%
Twin River Worldwide Holdings Inc6.750% 06/01/20270.1%
Univision Communications Inc.4.353% 03/15/20240.1%
Toll Brothers Finance Corp.4.350% 02/15/20280.1%
ProAmpac PG Borrower LLC5.210% 11/20/20230.1%
Enviva Partners LP / Enviva Partners Finance Corp6.500% 01/15/20260.1%
TIBCO Software, Inc.11.375% 12/01/20210.1%
Masonite International Corp.5.375% 02/01/20280.1%
Tenet Healthcare Corp.6.250% 02/01/20270.1%
Warrior Met Coal Inc8.000% 11/01/20240.1%
General Electric Co.6.150% 08/07/20370.1%
United Rentals, Inc.5.500% 05/15/20270.1%
Match Group, Inc.5.000% 12/15/20270.1%
NRG Energy, Inc.5.750% 01/15/20280.1%
Enterprise Development Authority/The12.000% 07/15/20240.1%
MPH Acquisition Holdings LLC7.125% 06/01/20240.1%
Freeport-McMoRan, Inc.4.125% 03/01/20280.1%
Nexstar Broadcasting, Inc.5.625% 07/15/20270.1%
PetSmart, Inc.5.660% 03/11/20220.1%
Lower Cadence Holdings L5.603% 05/08/20260.1%
Springleaf Finance Corp.5.375% 11/15/20290.1%
Ahern Rentals, Inc.7.375% 05/15/20230.1%
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell o4.750% 06/01/20270.1%
NEP/NCP Holdco Inc4.853% 10/05/20250.1%
Kraft Heinz Foods Co.4.375% 06/01/20460.1%
W&T Offshore, Inc.9.750% 11/01/20230.1%
Capitol Investment Merger Sub 2 LLC10.000% 08/01/20240.1%
United Natural Foods Inc5.853% 10/22/20250.1%
Griffon Corp.5.750% 03/01/20280.1%
BBCMS 2019-BWAY Mortgage Trust2.969% 11/25/20340.1%
Murphy Oil Corp.5.875% 12/01/20270.1%
Nomad Buyer, Inc.6.659% 08/01/20250.1%
Mattamy Group Corp.4.625% 03/01/20300.1%
Transocean, Inc.7.250% 11/01/20250.1%
Peru Government Bond5.400% 08/12/20340.1%
Centennial Resource Production LLC6.875% 04/01/20270.1%
Viking Cruises Ltd.5.875% 09/15/20270.1%
MEG Energy Corp.7.000% 03/31/20240.1%
Callon Petroleum Co.6.375% 07/01/20260.1%
Indigo Natural Resources LLC6.875% 02/15/20260.1%
Hilcorp Energy L.P. / Hilcorp Finance Co.5.750% 10/01/20250.1%
SM Energy Co.6.750% 09/15/20260.1%
Shea Homes LP / Shea Homes Funding Corp.4.750% 02/15/20280.1%
Spain Government Bond2.700% 10/31/20480.1%
Radiology Partners Inc9.250% 02/01/20280.1%
Builders FirstSource, Inc.5.000% 03/01/20300.1%
Hecla Mining Co.7.250% 02/15/20280.1%
Presidio Holdings Inc8.250% 02/01/20280.1%
AG Issuer LLC6.250% 03/01/20280.1%
GLP Capital L.P. / GLP Financing II, Inc.5.750% 06/01/20280.1%
CNO Financial Group, Inc.5.250% 05/30/20250.1%
Pulte Group, Inc.5.500% 03/01/20260.1%
Nabors Industries Ltd.7.500% 01/15/20280.1%
Toll Brothers Finance Corp.4.875% 03/15/20270.1%
AHP Health Partners Inc9.750% 07/15/20260.1%
JBS USA LLC/JBS USA Finance, Inc.6.750% 02/15/20280.1%
NGPL Pipeco LLC4.875% 08/15/20270.1%
Cloud Crane LLC10.125% 08/01/20240.0%
Weight Watchers International, Inc.8.625% 12/01/20250.0%
Clearway Energy Operating LLC5.750% 10/15/20250.0%
Century Communities, Inc.5.875% 07/15/20250.0%
Hadrian Merger Sub Inc8.500% 05/01/20260.0%
Buena Vista Gaming Authority13.000% 04/01/20230.0%
Ladder Capital Finance Holdings LLC/Ladder Capital5.250% 10/01/20250.0%
Barminco Finance Pty Ltd.6.625% 05/15/20220.0%
Lithia Motors, Inc.4.625% 12/15/20270.0%
Western Digital Corp.4.750% 02/15/20260.0%
West Street Merger Sub Inc6.375% 09/01/20250.0%
Valeant Pharmaceuticals International, Inc.5.000% 01/30/20280.0%
Surgery Center Holdings, Inc.6.750% 07/01/20250.0%
Rain CII Carbon LLC7.250% 04/01/20250.0%
Tronox Inc6.500% 04/15/20260.0%
Citgo Holding, Inc.9.250% 08/01/20240.0%
Carrier Global Corp3.577% 04/05/20500.0%
FX USD/GBP 03/200.000% 03/05/20200.0%
Front Range BidCo Inc6.125% 03/01/20280.0%
Fresh Market, Inc.9.750% 05/01/20230.0%
Kratos Defense & Security Solutions Inc6.500% 11/30/20250.0%
FX USD/AUD 04/200.000% 04/30/20200.0%
FX USD/BRL 03/200.000% 03/06/20200.0%
FX USD/PEN 04/200.000% 04/24/20200.0%
FX USD/ZAR 03/200.000% 03/11/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX USD/THB 04/200.000% 04/27/20200.0%
FX USD/NZD 04/200.000% 04/28/20200.0%
FX USD/EUR 03/200.000% 03/09/20200.0%
FX USD/ZAR 03/200.000% 03/11/20200.0%
FX USD/EUR 03/200.000% 03/09/20200.0%
FX USD/BRL 03/200.000% 03/06/20200.0%
Leidos, Inc.5.500% 07/01/20330.0%
FX USD/THB 04/200.000% 04/09/20200.0%
FX USD/IDR 03/200.000% 03/13/20200.0%
FX USD/GBP 03/200.000% 03/05/20200.0%
FX KRW/USD 05/200.000% 05/26/20200.0%
FX USD/TWD 04/200.000% 04/21/20200.0%
FX USD/IDR 03/200.000% 03/13/20200.0%
FX CHF/USD 04/200.000% 04/30/20200.0%
FX CNH/USD 05/200.000% 05/06/20200.0%
FX USD/CAD 03/200.000% 03/05/20200.0%
FX USD/HUF 04/200.000% 04/27/20200.0%
Tapstone Energy LLC / Tapstone Energy Finance Corp9.750% 06/01/20220.0%
FX USD/CNH 05/200.000% 05/06/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX USD/EUR 03/200.000% 03/05/20200.0%
FX EUR/USD 03/200.000% 03/05/20200.0%
FX USD/EUR 03/200.000% 03/09/20200.0%
US 5YR NOTE (CBT) JUN200.000% 07/06/20200.0%
FX CAD/USD 03/200.000% 03/05/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX SEK/USD 04/200.000% 04/27/20200.0%
FX USD/JPY 04/200.000% 04/30/20200.0%
FX THB/USD 04/200.000% 04/09/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX USD/COP 04/200.000% 04/24/20200.0%
FX MXN/USD 03/200.000% 03/17/20200.0%
FX INR/USD 04/200.000% 04/13/20200.0%
FX USD/EUR 03/200.000% 03/09/20200.0%
FX CAD/USD 03/200.000% 03/13/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX USD/EUR 03/200.000% 03/09/20200.0%
FX RUB/USD 03/200.000% 03/11/20200.0%
FX USD/JPY 04/200.000% 04/30/20200.0%
FX EUR/USD 03/200.000% 03/09/20200.0%
FX ZAR/USD 03/200.000% 03/11/20200.0%
FX GBP/USD 03/200.000% 03/05/20200.0%
FX MXN/USD 03/200.000% 03/17/20200.0%
FX COP/USD 04/200.000% 04/24/20200.0%
FX TRY/USD 04/200.000% 04/24/20200.0%
FX NZD/USD 04/200.000% 04/28/20200.0%
FX NOK/USD 03/200.000% 03/11/20200.0%
Credit Index Swap1.000% 12/20/2024-0.3%

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.

Fees & Expenses

Fees & Expenses

Expense Ratioas of 03/31/2020

Fund Gross Expense Ratio Fund Net Expense Ratio
2.55% 0.46%

Expense ratio details, Click here.

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

To order literature visit full website

You may add to your cart by selecting quantities in each row below.

No rows selected. Please Go back and select at least one fund document

 
 Quantity
Quantity
 Remove
Remove

Select funds to run a Morningstar Hypothetical Report.

    Please confirm your literature shipping address

    Please review the address information below and make any necessary changes.

    All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

    Current Literature Shipping Address

    * Required field