Global Bond Fund
Daily price w/o sales charge as of 09/28/2023
$7.73
$0.01
YTD Returns w/o sales charge as of 09/28/2023
-1.48%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Maturity as of 08/31/2023 |
5.43% |
Subsidized2 | Un-Subsidized3 | |
---|---|---|
w/o sales charge | 4.28% | 2.34% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
Fund Basicsas of 08/31/2023
- Total Net Assets
- $9.76 M
- Inception Date
- 08/01/2018
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 2.76%
- Fund Net Expense Ratio
- 0.78%
- Number of Holdings
- 288
- Minimum Initial Investment
- $1,000+
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2018 |
---|
w/o sales charge | 1.11% | 1.48% | -4.53% | -0.82% | - | -0.84% |
Lipper Category Avg. Global Income Funds | 1.69% | 0.81% | -4.16% | -0.31% | - | - |
Bloomberg Global Aggregate Index | 0.74% | -0.09% | -6.12% | -1.21% | - | -1.17% |
w/ sales charge | -1.21% | -0.83% | -5.26% | -1.28% | - | -1.29% |
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2018 |
---|
w/o sales charge | 1.31% | 1.48% | -2.90% | - | - | -0.84% |
Lipper Category Avg. Global Income Funds | 2.06% | 0.79% | -3.23% | - | - | - |
Bloomberg Global Aggregate Index | 1.43% | -1.32% | -4.96% | - | - | -1.07% |
w/ sales charge | -1.02% | -0.82% | -3.65% | - | - | -1.29% |
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
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Performance
Performance
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2018 |
---|
w/o sales charge | 1.11% | 1.48% | -4.53% | -0.82% | - | -0.84% |
Lipper Category Avg. Global Income Funds | 1.69% | 0.81% | -4.16% | -0.31% | - | - |
Bloomberg Global Aggregate Index | 0.74% | -0.09% | -6.12% | -1.21% | - | -1.17% |
w/ sales charge | -1.21% | -0.83% | -5.26% | -1.28% | - | -1.29% |
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 07/31/2018 |
---|
w/o sales charge | 1.31% | 1.48% | -2.90% | - | - | -0.84% |
Lipper Category Avg. Global Income Funds | 2.06% | 0.79% | -3.23% | - | - | - |
Bloomberg Global Aggregate Index | 1.43% | -1.32% | -4.96% | - | - | -1.07% |
w/ sales charge | -1.02% | -0.82% | -3.65% | - | - | -1.29% |
Fund Expense Ratio :
Gross 2.76%
Net 0.78%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
Year | Fund Returns | Bloomberg Global Aggregate Index |
---|
2022 | -15.44% | -16.25% |
2021 | -3.02% | -4.71% |
2020 | 8.18% | 9.20% |
2019 | 8.32% | 6.84% |
2018 | -1.42% | -1.20% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2023 | 2.30% | -0.97% | - | - | -1.48% |
2022 | -6.24% | -9.97% | -5.21% | 5.67% | -15.44% |
2021 | -3.39% | 2.15% | -0.90% | -0.85% | -3.02% |
2020 | -7.75% | 6.41% | 4.31% | 5.65% | 8.18% |
2019 | 3.28% | 3.35% | 0.00% | 1.48% | 8.32% |
2018 | - | - | - | -1.10% | -1.42% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV Historical Prices
Date | Net Asset Value |
---|
Portfolio
Portfolio
Type | Assets |
---|---|
US Corp High Grade | |
Sovereign Developed | |
Currency | |
Sovereign Emerging | |
Non-US Corp High Grade | |
MBS Passthrough | |
Govt | |
US Corp High Yield | |
Non-US Corp High Yield | |
ABS | |
CLO | |
MBS Other | |
Municipals | |
CMBS | |
US Bank Loan High Yield | |
US Bank Loan High Grade | |
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 08/31/2023
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 Details as of 08/31/2023
- Total Net Assets
- $9.76 M
- Average Effective Duration
- 4.99 Years
- Average Life
- 7.22 Years
- Average Maturity
- 8.31 Years
- Number of Issues
- 288
- Average Yield to Maturity
- 5.43%
To view definitions for the above Portfolio Details, Click here.
Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.
Average 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 |
---|
China Development Bank | 2.730% | 01/11/2028 | 2.0% |
China Development Bank | 3.090% | 06/18/2030 | 1.9% |
United States Treasury Note/Bond | 3.625% | 05/15/2053 | 1.8% |
United States Treasury Bill | 0.000% | 10/24/2023 | 1.5% |
China Development Bank | 3.480% | 01/08/2029 | 1.5% |
United States Treasury Note/Bond | 5.000% | 08/31/2025 | 1.5% |
Dominican Republic International Bond | 5.500% | 02/22/2029 | 1.5% |
Galaxy Pipeline Assets Bidco Ltd | 1.750% | 09/30/2027 | 1.4% |
Heathrow Funding Ltd | 6.750% | 12/03/2028 | 1.4% |
United States Treasury Bill | 0.000% | 09/14/2023 | 1.3% |
Holding | Coupon | Maturity | Assets |
---|
China Development Bank | 2.730% | 01/11/2028 | 2.0% |
China Development Bank | 3.090% | 06/18/2030 | 1.9% |
United States Treasury Note/Bond | 3.625% | 05/15/2053 | 1.8% |
United States Treasury Note/Bond | 3.875% | 05/15/2043 | 1.6% |
China Development Bank | 3.480% | 01/08/2029 | 1.5% |
United States Treasury Bill | 0.000% | 10/24/2023 | 1.5% |
Dominican Republic International Bond | 5.500% | 02/22/2029 | 1.5% |
Heathrow Funding Ltd | 6.750% | 12/03/2028 | 1.4% |
Galaxy Pipeline Assets Bidco Ltd | 1.750% | 09/30/2027 | 1.4% |
Japan Government Ten Year Bond | 0.100% | 03/20/2028 | 1.3% |
30-YR GNMA II-TBA PROD SEP | 6.000% | 11/01/2052 | 1.3% |
United States Treasury Bill | 0.000% | 09/14/2023 | 1.3% |
CPUK Finance Ltd | 3.588% | 02/28/2042 | 1.2% |
Stonegate Pub Co Financing 2019 PLC | 8.250% | 07/31/2025 | 1.2% |
Benteler International AG | 9.375% | 05/15/2028 | 1.2% |
Crown European Holdings SA | 5.000% | 05/15/2028 | 1.1% |
30-YR UMBS-TBA PROD SEP | 5.500% | 04/01/2053 | 1.1% |
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV | 3.000% | 10/25/2027 | 1.1% |
United States Treasury Note/Bond | 3.375% | 05/15/2033 | 1.1% |
International Business Machines Corp | 3.750% | 02/06/2035 | 1.1% |
Italy Buoni Poliennali Del Tesoro | 3.400% | 04/01/2028 | 1.1% |
Export-Import Bank of Korea | 3.500% | 06/07/2026 | 1.1% |
Honeywell International Inc | 3.500% | 05/17/2027 | 1.1% |
Rolls-Royce PLC | 0.875% | 05/09/2024 | 1.1% |
Molson Coors Beverage Co | 1.250% | 07/15/2024 | 1.1% |
Lorca Telecom Bondco SA | 4.000% | 09/18/2027 | 1.1% |
Japan Government Thirty Year Bond | 1.400% | 09/20/2052 | 1.1% |
Suez SACA | 1.875% | 05/24/2027 | 1.0% |
Bundesrepublik Deutschland Bundesanleihe | 3.250% | 07/04/2042 | 1.0% |
Italy Buoni Poliennali Del Tesoro | 2.450% | 09/01/2033 | 1.0% |
PartnerRe Ireland Finance DAC | 1.250% | 09/15/2026 | 1.0% |
Paprec Holding SA | 3.500% | 07/01/2028 | 1.0% |
Dell Equipment Finance Trust 2023-2 | 5.840% | 01/22/2029 | 1.0% |
VERDE CLO Ltd | 6.670% | 04/15/2032 | 1.0% |
Venture 33 CLO Ltd | 6.630% | 07/15/2031 | 1.0% |
Arbor Realty Commercial Real Estate Notes 2022-FL2 Ltd | 7.072% | 05/15/2037 | 1.0% |
Japan Bank for International Cooperation | 1.500% | 06/01/2029 | 1.0% |
Province of Ontario Canada | 3.050% | 01/29/2024 | 1.0% |
Japan Government Ten Year Bond | 0.100% | 12/20/2031 | 1.0% |
BCP V Modular Services Finance II PLC | 4.750% | 11/30/2028 | 1.0% |
China Development Bank | 3.070% | 03/10/2030 | 1.0% |
Ren Finance BV | 0.500% | 04/16/2029 | 0.9% |
Danske Bank A/S | 0.750% | 06/09/2029 | 0.9% |
United Group BV | 5.250% | 02/01/2030 | 0.9% |
Richemont International Holding SA | 2.000% | 03/26/2038 | 0.9% |
China Development Bank | 3.680% | 02/26/2026 | 0.9% |
Mariner Finance Issuance Trust 2021-B | 2.100% | 11/20/2036 | 0.9% |
Fannie Mae Pool | 3.000% | 10/01/2050 | 0.9% |
Indonesia Government International Bond | 1.300% | 03/23/2034 | 0.8% |
30-YR GNMA II-TBA PROD SEP | 5.500% | 03/01/2053 | 0.8% |
Action Logement Services | 0.500% | 10/30/2034 | 0.8% |
Ecopetrol SA | 8.625% | 01/19/2029 | 0.8% |
JPMorgan Chase & Co | 2.580% | 04/22/2032 | 0.8% |
Fannie Mae Pool | 2.500% | 09/01/2051 | 0.7% |
BAT Capital Corp | 3.222% | 08/15/2024 | 0.7% |
30-YR GNMA II-TBA PROD SEP | 5.000% | 03/01/2053 | 0.7% |
Avolon Holdings Funding Ltd | 2.125% | 02/21/2026 | 0.7% |
Amazon.com Inc | 4.700% | 12/01/2032 | 0.7% |
Colombian TES | 7.500% | 08/26/2026 | 0.7% |
30-YR UMBS-TBA PROD SEP | 6.500% | 01/01/2053 | 0.6% |
Continental Resources Inc/OK | 5.750% | 01/15/2031 | 0.6% |
EQT Corp | 7.000% | 02/01/2030 | 0.6% |
Oracle Corp | 6.250% | 11/09/2032 | 0.6% |
Citigroup Inc | 2.561% | 05/01/2032 | 0.6% |
Turkey Government International Bond | 7.375% | 02/05/2025 | 0.6% |
Centene Corp | 3.375% | 02/15/2030 | 0.6% |
30-YR UMBS-TBA PROD SEP | 6.000% | 12/01/2052 | 0.6% |
European Bank for Reconstruction & Development | 0.000% | 01/10/2024 | 0.6% |
United Kingdom Gilt | 0.875% | 07/31/2033 | 0.5% |
Discover Card Execution Note Trust | 5.030% | 10/15/2027 | 0.5% |
Petroleos Mexicanos | 6.700% | 02/16/2032 | 0.5% |
GM Financial Automobile Leasing Trust 2023-2 | 5.540% | 05/20/2027 | 0.5% |
CarMax Auto Owner Trust 2023-1 | 6.270% | 11/15/2029 | 0.5% |
Discover Card Execution Note Trust | 3.560% | 07/15/2027 | 0.5% |
Diamondback Energy Inc | 3.125% | 03/24/2031 | 0.5% |
T-Mobile USA Inc | 3.875% | 04/15/2030 | 0.5% |
Pfizer Investment Enterprises Pte Ltd | 4.750% | 05/19/2033 | 0.4% |
International Flavors & Fragrances Inc | 1.230% | 10/01/2025 | 0.4% |
United States Treasury Note/Bond | 1.625% | 11/15/2050 | 0.4% |
Southern Co/The | 2.700% | 08/01/2024 | 0.4% |
International Bank for Reconstruction & Development | 5.371% | 11/22/2028 | 0.4% |
Westlake Automobile Receivables Trust 2023-1 | 5.210% | 01/18/2028 | 0.4% |
FactSet Research Systems Inc | 3.450% | 03/01/2032 | 0.4% |
American Tower Corp | 3.800% | 08/15/2029 | 0.4% |
UnitedHealth Group Inc | 4.000% | 05/15/2029 | 0.4% |
Province of Saskatchewan Canada | 4.750% | 06/01/2040 | 0.4% |
Queensland Treasury Corp | 1.500% | 03/02/2032 | 0.4% |
Workday Inc | 3.800% | 04/01/2032 | 0.4% |
International Finance Corp | 0.375% | 09/10/2025 | 0.4% |
Goldman Sachs Group Inc/The | 3.272% | 09/29/2025 | 0.4% |
US Bancorp | 4.967% | 07/22/2033 | 0.4% |
Bank of America Corp | 3.841% | 04/25/2025 | 0.4% |
Fannie Mae Pool | 3.500% | 04/01/2052 | 0.3% |
Morgan Stanley | 2.484% | 09/16/2036 | 0.3% |
Ford Motor Co | 3.250% | 02/12/2032 | 0.3% |
Duke Energy Corp | 4.500% | 08/15/2032 | 0.3% |
Connecticut Avenue Securities Trust 2022-R08 | 7.619% | 07/25/2042 | 0.3% |
L3Harris Technologies Inc | 5.400% | 07/31/2033 | 0.3% |
China Government Bond | 3.860% | 07/22/2049 | 0.3% |
Humana Inc | 5.875% | 03/01/2033 | 0.3% |
AT&T Inc | 5.400% | 02/15/2034 | 0.3% |
Southwest Gas Corp | 4.050% | 03/15/2032 | 0.3% |
Goldman Sachs Group Inc/The | 2.383% | 07/21/2032 | 0.3% |
Bank of America Corp | 2.687% | 04/22/2032 | 0.3% |
National Grid PLC | 5.809% | 06/12/2033 | 0.3% |
United States Treasury Note/Bond | 2.250% | 05/15/2041 | 0.3% |
15-YR UMBS-TBA PROD SEP | 5.000% | 01/01/2038 | 0.3% |
Freddie Mac STACR REMIC Trust 2021-DNA6 | 6.569% | 10/25/2041 | 0.3% |
Perimeter Master Note Business Trust | 4.230% | 05/15/2024 | 0.3% |
30-YR GNMA II-TBA PROD SEP | 3.000% | 01/01/2052 | 0.3% |
15-YR UMBS-TBA PROD SEP | 5.500% | 01/01/2038 | 0.3% |
Freddie Mac STACR REMIC Trust 2022-HQA3 | 7.369% | 08/25/2042 | 0.3% |
US Bancorp | 4.839% | 02/01/2034 | 0.3% |
Verus Securitization Trust 2020-5 | 1.218% | 05/25/2065 | 0.3% |
Crown Castle Inc | 3.300% | 07/01/2030 | 0.3% |
Freddie Mac STACR REMIC Trust 2021-HQA4 | 6.019% | 12/25/2041 | 0.3% |
Avid Automobile Receivables Trust 2019-1 | 3.140% | 07/15/2026 | 0.3% |
Cargill Inc | 4.000% | 06/22/2032 | 0.3% |
BA Credit Card Trust | 5.000% | 04/15/2028 | 0.3% |
Elevance Health Inc | 5.500% | 10/15/2032 | 0.2% |
Bank of America Corp | 3.970% | 03/05/2029 | 0.2% |
Morgan Stanley | 4.431% | 01/23/2030 | 0.2% |
Philip Morris International Inc | 5.625% | 11/17/2029 | 0.2% |
Enerflex Ltd | 9.000% | 10/15/2027 | 0.2% |
Amgen Inc | 5.250% | 03/02/2030 | 0.2% |
ME Funding LLC 2019-1 | 6.448% | 07/30/2049 | 0.2% |
30-YR UMBS-TBA PROD AUG | 4.000% | 03/01/2053 | 0.2% |
French Republic Government Bond OAT | 0.750% | 05/25/2052 | 0.2% |
IPALCO Enterprises Inc | 4.250% | 05/01/2030 | 0.2% |
New York City Transitional Finance Authority Future Tax Secured Revenue | 1.950% | 08/01/2034 | 0.2% |
COMM 2015-PC1 Mortgage Trust | 4.289% | 07/10/2050 | 0.2% |
CenterPoint Energy Resources Corp | 1.750% | 10/01/2030 | 0.2% |
Wells Fargo & Co | 3.350% | 03/02/2033 | 0.2% |
Ovintiv Inc | 6.500% | 02/01/2038 | 0.2% |
Metropolitan Transportation Authority | 6.668% | 11/15/2039 | 0.2% |
Bundesrepublik Deutschland Bundesanleihe | 0.000% | 08/15/2052 | 0.2% |
JPMorgan Chase & Co | 2.963% | 01/25/2033 | 0.2% |
Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer Inc | 4.375% | 10/15/2028 | 0.2% |
Fannie Mae Pool | 4.000% | 05/01/2052 | 0.2% |
Leeward Renewable Energy Operations LLC | 4.250% | 07/01/2029 | 0.2% |
American Express Co | 4.420% | 08/03/2033 | 0.2% |
Morgan Stanley | 2.239% | 07/21/2032 | 0.2% |
NGPL PipeCo LLC | 3.250% | 07/15/2031 | 0.2% |
Frontier Communications Holdings LLC | 5.000% | 05/01/2028 | 0.2% |
CCO Holdings LLC / CCO Holdings Capital Corp | 4.750% | 03/01/2030 | 0.2% |
Bank of New York Mellon Corp/The | 4.596% | 07/26/2030 | 0.2% |
Aviation Capital Group LLC | 6.250% | 04/15/2028 | 0.2% |
New York Life Global Funding | 4.550% | 01/28/2033 | 0.2% |
Constellation Energy Generation LLC | 6.250% | 10/01/2039 | 0.2% |
Regional Transportation District Sales Tax Revenue | 2.337% | 11/01/2036 | 0.2% |
Wells Fargo & Co | 5.389% | 04/24/2034 | 0.2% |
Aircastle Ltd | 2.850% | 01/26/2028 | 0.2% |
Republic of South Africa Government Bond | 8.750% | 02/28/2048 | 0.2% |
Toronto-Dominion Bank/The | 4.456% | 06/08/2032 | 0.2% |
BAT CAPITAL CORP | 6.343% | 08/02/2030 | 0.2% |
Freddie Mac Pool | 3.500% | 02/01/2046 | 0.2% |
Occidental Petroleum Corp | 6.125% | 01/01/2031 | 0.2% |
Sprint Capital Corp | 6.875% | 11/15/2028 | 0.2% |
Ritchie Bros Holdings Inc | 7.750% | 03/15/2031 | 0.2% |
Morgan Stanley | 4.210% | 04/20/2028 | 0.2% |
Fannie Mae Pool | 4.000% | 05/01/2052 | 0.2% |
Fortress Transportation and Infrastructure Investors LLC | 5.500% | 05/01/2028 | 0.2% |
HEICO Corp | 5.350% | 08/01/2033 | 0.2% |
DISH Network Corp | 11.750% | 11/15/2027 | 0.1% |
Spain Government Bond | 1.000% | 07/30/2042 | 0.1% |
Centene Corp | 4.250% | 12/15/2027 | 0.1% |
CCS-CMGC Holdings Inc | 10.976% | 10/01/2025 | 0.1% |
AG Issuer LLC | 6.250% | 03/01/2028 | 0.1% |
30-YR GNMA II-TBA PROD SEP | 3.500% | 02/01/2052 | 0.1% |
TransAlta Corp | 7.750% | 11/15/2029 | 0.1% |
TransDigm Inc | 4.625% | 01/15/2029 | 0.1% |
Residential Mortgage Loan Trust 2020-1 | 2.376% | 01/26/2060 | 0.1% |
Oklahoma Gas and Electric Co | 5.400% | 01/15/2033 | 0.1% |
M&T Bank Corp | 5.053% | 01/27/2034 | 0.1% |
Weekley Homes LLC / Weekley Finance Corp | 4.875% | 09/15/2028 | 0.1% |
30-YR GNMA II-TBA PROD AUG | 5.000% | 03/01/2053 | 0.1% |
Jones Deslauriers Insurance Management Inc | 8.500% | 03/15/2030 | 0.1% |
Netflix Inc | 5.875% | 11/15/2028 | 0.1% |
Civitas Resources Inc | 8.375% | 07/01/2028 | 0.1% |
Duke Energy Indiana LLC | 5.400% | 04/01/2053 | 0.1% |
30-YR GNMA II-TBA PROD SEP | 4.000% | 08/01/2052 | 0.1% |
AEP Texas Inc | 5.400% | 06/01/2033 | 0.1% |
American Tower Corp | 5.550% | 07/15/2033 | 0.1% |
Advanced Drainage Systems Inc | 6.375% | 06/15/2030 | 0.1% |
United States Steel Corp | 6.650% | 06/01/2037 | 0.1% |
Life Time Inc | 5.750% | 01/15/2026 | 0.1% |
Callon Petroleum Co | 8.000% | 08/01/2028 | 0.1% |
Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp | 5.250% | 05/15/2027 | 0.1% |
Comstock Resources Inc | 6.750% | 03/01/2029 | 0.1% |
30-YR UMBS-TBA PROD SEP | 4.500% | 04/01/2053 | 0.1% |
Eco Material Technologies Inc | 7.875% | 01/31/2027 | 0.1% |
Owens-Brockway Glass Container Inc | 7.250% | 05/15/2031 | 0.1% |
Wyndham Hotels & Resorts Inc | 4.375% | 08/15/2028 | 0.1% |
EquipmentShare.com Inc | 9.000% | 05/15/2028 | 0.1% |
Booz Allen Hamilton Inc | 3.875% | 09/01/2028 | 0.1% |
NCL Corp Ltd | 5.875% | 02/15/2027 | 0.1% |
Evergreen Acqco 1 LP / TVI Inc | 9.750% | 04/26/2028 | 0.1% |
Chart Industries Inc | 9.500% | 01/01/2031 | 0.1% |
Cigna Group/The | 4.375% | 10/15/2028 | 0.1% |
Rand Parent LLC | 8.500% | 02/15/2030 | 0.1% |
Medline Borrower LP | 3.875% | 04/01/2029 | 0.1% |
Charles River Laboratories International Inc | 4.000% | 03/15/2031 | 0.1% |
Bombardier Inc | 6.000% | 02/15/2028 | 0.1% |
Crescent Energy Finance LLC | 9.250% | 02/15/2028 | 0.1% |
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC | 3.500% | 03/15/2029 | 0.1% |
Lindblad Expeditions Holdings Inc | 9.000% | 05/15/2028 | 0.1% |
Baytex Energy Corp | 8.750% | 04/01/2027 | 0.1% |
Calderys Financing LLC | 11.250% | 06/01/2028 | 0.1% |
Cloud Software Group Inc | 6.500% | 03/31/2029 | 0.1% |
FMG Resources August 2006 Pty Ltd | 4.375% | 04/01/2031 | 0.1% |
Entegris Inc | 3.625% | 05/01/2029 | 0.1% |
Royal Caribbean Cruises Ltd | 5.375% | 07/15/2027 | 0.1% |
FMG Resources August 2006 Pty Ltd | 4.500% | 09/15/2027 | 0.1% |
Valaris Ltd | 8.375% | 04/30/2030 | 0.1% |
Standard Industries Inc/NJ | 4.375% | 07/15/2030 | 0.1% |
Macy's Retail Holdings LLC | 5.875% | 04/01/2029 | 0.1% |
Precision Drilling Corp | 6.875% | 01/15/2029 | 0.1% |
SunCoke Energy Inc | 4.875% | 06/30/2029 | 0.1% |
Penn Entertainment Inc | 5.625% | 01/15/2027 | 0.1% |
Jacobs Entertainment Inc | 6.750% | 02/15/2029 | 0.1% |
Catalent Pharma Solutions Inc | 5.000% | 07/15/2027 | 0.1% |
BellRing Brands Inc | 7.000% | 03/15/2030 | 0.1% |
Venture Global LNG Inc | 8.375% | 06/01/2031 | 0.1% |
American Airlines Inc | 7.250% | 02/15/2028 | 0.1% |
Buckeye Partners LP | 9.627% | 01/22/2078 | 0.1% |
Hecla Mining Co | 7.250% | 02/15/2028 | 0.1% |
Netflix Inc | 5.875% | 02/15/2025 | 0.1% |
ROBLOX Corp | 3.875% | 05/01/2030 | 0.1% |
Rain CII Carbon LLC / CII Carbon Corp | 7.250% | 04/01/2025 | 0.1% |
Calpine Corp | 5.125% | 03/15/2028 | 0.1% |
Earthstone Energy Holdings LLC | 8.000% | 04/15/2027 | 0.1% |
Owens-Brockway Glass Container Inc | 6.625% | 05/13/2027 | 0.1% |
Tenet Healthcare Corp | 6.750% | 05/15/2031 | 0.1% |
Carnival Corp | 6.000% | 05/01/2029 | 0.1% |
Transocean Inc | 8.000% | 02/01/2027 | 0.1% |
CHS/Community Health Systems Inc | 5.625% | 03/15/2027 | 0.1% |
CVR Partners LP / CVR Nitrogen Finance Corp | 6.125% | 06/15/2028 | 0.1% |
Vital Energy Inc | 9.500% | 01/15/2025 | 0.1% |
Citigroup Inc | 4.140% | 05/24/2025 | 0.1% |
Spirit AeroSystems Inc | 9.375% | 11/30/2029 | 0.1% |
Assurant Inc | 2.650% | 01/15/2032 | 0.1% |
American Airlines Inc/AAdvantage Loyalty IP Ltd | 5.750% | 04/20/2029 | 0.1% |
OneMain Finance Corp | 5.375% | 11/15/2029 | 0.1% |
Griffon Corp | 5.750% | 03/01/2028 | 0.1% |
Molina Healthcare Inc | 3.875% | 11/15/2030 | 0.1% |
Gap Inc/The | 3.875% | 10/01/2031 | 0.1% |
Connecticut Avenue Securities Trust 2023-R01 | 7.469% | 12/25/2042 | 0.1% |
Vistra Operations Co LLC | 4.375% | 05/01/2029 | 0.1% |
Lumen Technologies Inc | 4.000% | 02/15/2027 | 0.1% |
BBCMS 2019-BWAY Mortgage Trust | 6.292% | 11/15/2034 | 0.1% |
Mileage Plus Holdings LLC | 10.764% | 06/21/2027 | 0.1% |
US 10yr Ultra Fut Sep23 | 0.000% | 09/29/2023 | 0.1% |
US 5YR NOTE (CBT) Sep23 | 0.000% | 10/04/2023 | 0.1% |
BBCMS 2019-BWAY Mortgage Trust | 6.646% | 11/15/2034 | 0.1% |
Suzano Austria GmbH | 3.125% | 01/15/2032 | 0.0% |
Credit Index Swap | 5.000% | 06/20/2028 | 0.0% |
FX BRL/USD 08/23 | 0.000% | 08/28/2023 | 0.0% |
ModivCare Escrow Issuer Inc | 5.000% | 10/01/2029 | 0.0% |
Credit Index Swap | 1.000% | 06/20/2028 | 0.0% |
FX AUD/USD 08/23 | 0.000% | 08/28/2023 | 0.0% |
30-YR GNMA II-TBA PROD AUG | 4.500% | 03/01/2053 | 0.0% |
30-YR GNMA II-TBA PROD SEP | 4.500% | 03/01/2053 | 0.0% |
FX EUR/USD 09/23 | 0.000% | 09/13/2023 | 0.0% |
FX CHF/USD 08/23 | 0.000% | 08/23/2023 | 0.0% |
FX GBP/USD 09/23 | 0.000% | 09/08/2023 | 0.0% |
FX MXN/USD 09/23 | 0.000% | 09/18/2023 | 0.0% |
FX GBP/USD 09/23 | 0.000% | 09/08/2023 | 0.0% |
FX USD/EUR 09/23 | 0.000% | 09/13/2023 | 0.0% |
FX USD/EUR 09/23 | 0.000% | 09/13/2023 | 0.0% |
FX KRW/USD 09/23 | 0.000% | 09/14/2023 | 0.0% |
FX EUR/USD 09/23 | 0.000% | 09/13/2023 | 0.0% |
FX NOK/USD 09/23 | 0.000% | 09/15/2023 | 0.0% |
FX CNH/USD 10/23 | 0.000% | 10/30/2023 | 0.0% |
FX EUR/USD 09/23 | 0.000% | 09/13/2023 | 0.0% |
FX AUD/USD 08/23 | 0.000% | 08/28/2023 | 0.0% |
FX CAD/USD 11/23 | 0.000% | 11/20/2023 | 0.0% |
FX SEK/USD 08/23 | 0.000% | 08/07/2023 | 0.0% |
FX IDR/USD 08/23 | 0.000% | 08/11/2023 | 0.0% |
US ULTRA BOND CBT Sep23 | 0.000% | 09/29/2023 | 0.0% |
FX USD/COP 09/23 | 0.000% | 09/28/2023 | 0.0% |
FX USD/EUR 09/23 | 0.000% | 09/13/2023 | -0.1% |
FX USD/GBP 09/23 | 0.000% | 09/08/2023 | -0.1% |
US 2YR NOTE (CBT) Sep23 | 0.000% | 10/04/2023 | -0.1% |
FX JPY/USD 08/23 | 0.000% | 08/15/2023 | -0.5% |
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
Dividend Payments
- YTD Dividends Paidas of 09/28/2023
- $0.21136
- Dividend Frequency
- Monthly (Daily Accrual)
Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
---|---|---|---|---|
Daily | Daily | 08/31/2023 | $0.02749 | $7.96 |
Daily | Daily | 07/31/2023 | $0.02752 | $8.09 |
Daily | Daily | 06/30/2023 | $0.02695 | $8.03 |
Daily | Daily | 05/31/2023 | $0.02706 | $8.03 |
Daily | Daily | 04/30/2023 | $0.02664 | $8.21 |
Daily | Daily | 03/31/2023 | $0.02601 | $8.19 |
Daily | Daily | 02/28/2023 | $0.02477 | $8.03 |
Daily | Daily | 01/31/2023 | $0.02492 | $8.32 |
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 | 09/30/2023 |
Daily | Daily | 10/31/2023 |
Daily | Daily | 11/30/2023 |
Daily | Daily | 12/31/2023 |
Capital Gains Distributions
Record Date | Reinvest & Payable Date | Long-term | Short-term * | Total | Reinvest Price |
---|---|---|---|---|---|
07/28/2021 | 07/29/2021 | $0.0758 | - | $0.0758 | $10.34 |
Taxed as ordinary income
Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor.
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 09/28/2023
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $100,000 | 2.25% | 2.00% | $7.91 |
$100,000 to $249,999 | 1.75% | 1.50% | $7.87 |
$250,000 to $499,999 | 1.25% | 1.00% | $7.83 |
$500,000 to $999,999 | 0.00% | 1.00% | $7.73 |
$1,000,000 to $5,000,000 | 0.00% | 1.00% | $7.73 |
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 08/31/2023
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
2.76% | 0.78% |
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 04/30/2024. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
0Documents selected
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.
The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.
The 30-day Standardized Unsubsidized yield does not reflect fee waivers.