Bond-Debenture Portfolio
Data updated: 2026-08-28
C000020055 — Bond-Debenture Portfolio. Intermediate Corporate Bond · $1.20B AUM · 0.99% expense ratio. Holdings, fees, performance and SEC filings.
C000020055 Fund Overview
Bond-Debenture Portfolio is a US mutual fund managed by Lord Abbett Series Fund INC, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Lord Abbett Series Fund INC
- Category: Intermediate Corporate Bond
- Assets under management: $1.20B
- 1-year return: 6.4%
- SEC CIK: 0000855396
- SEC series ID: S000007299
- Share class ID: C000020055
C000020055 Investment Objective and Strategy
Bond-Debenture Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lord Abbett Series Fund INC.
Investment objective
The Funds investment objective is to seek high current income and the opportunity for capital appreciation to produce a high total return.
Principal investment strategy
To pursue its objective, under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds, debentures and other fixed income securities. The Fund may invest a substantial portion of its net assets in high-yield securities (commonly referred to as below investment grade or junk bonds). High-yield securities are debt securities that are rated BB/Ba or lower by an independent rating agency, or are unrated but determined by Lord, Abbett & Co. LLC (Lord Abbett) to be of comparable quality. The Funds investments consist of the following types of securities and other financial instruments: U.S. high-yield securities; U.S. investment grade fixed income securities; convertible securities; foreign (including emerging market) securities; mortgage-backed, mortgage-related, and other asset-backed securities; government securities, including U.S.
Government securities, municipal securities, and non-U.S. sovereign government securities; loans, including bridge loans, novations, assignments and participations; structured securities and other hybrid instruments, including collateralized loan obligations (CLOs); inflation-linked instruments; and equity securities. Under normal conditions, the Fund allocates its assets principally among fixed income securities in the following four asset categories: U.S. high yield securities; U.S. investment grade fixed income securities; convertible securities; and foreign (including emerging market) securities. However, the Fund may invest substantially all of its assets in any one of these categories at any time, provided that (i) at least 20% of the Funds net assets are invested in any combination of investment grade debt securities, U.S.
Government securities, and cash equivalents, and (ii) the Funds investments in foreign securities, which are securities of non-U.S. issuers that are denominated in non-U.S. currencies, do not exceed 20% of its net assets. The Fund may invest up to 20% of its net assets in equity securities, including common stocks, preferred stocks, convertible preferred stocks, and similar instruments. The Fund may invest up to 15% of its net assets in floating or adjustable rate loans, including bridge loans, novations, assignments, and participations. The Fund may use derivatives to hedge against risk or to gain investment exposure. Currently, the Fund expects to invest in derivatives consisting principally of futures, forwards, options, and swaps. The Fund may use derivatives to seek to enhance returns, to attempt to hedge some of its investment risk, to manage portfolio duration, as a substitute for holding the underlying asset on which the derivative instrument is based, or for cash management purposes.
For example, the Fund may invest in or sell short U.S. Treasury futures, securities index futures, other futures, and/or currency forwards to adjust the Funds exposure to the direction of interest rates, or for other portfolio management reasons. The portfolio management team selects securities using a bottom-up analysis of an issuers management quality, credit risk, and relative market position, and industry dynamics, as well as an evaluation of conditions within the broader economy. The portfolio management team attempts to reduce risk through portfolio diversification, credit analysis, and attention to current developments and trends in interest rates and economic conditions. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, or shows signs of deteriorating fundamentals, among other reasons.
The Fund may deviate from the investment strategy described above for temporary defensive purposes. The Fund may miss certain investment opportunities if defensive strategies are used and thus may not achieve its investment objective.
C000020055 Holdings
Top 10 holdings of Bond-Debenture Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Investments | 2.65% |
| Umbs, Tba | 2.63% |
| Umbs, Tba | 2.23% |
| Umbs, Tba | 1.88% |
| RBC Dominion Securities, Inc. | 1.82% |
| Lord Abbett Pvt Cr Fund 1 LP | 1.41% |
| Umbs, Tba | 1.04% |
| Alloy Finco Limited | 0.94% |
| Fixed Income Clearing Corp. | 0.76% |
| Umbs, Tba | 0.64% |
C000020055 Portfolio Allocation
Asset-class allocation of Bond-Debenture Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 76.4% |
| Securitized | 23.6% |
| Equity | 6.0% |
| Cash & Equivalents | 5.2% |
| Loans | 2.7% |
| Derivatives | 0.4% |
| Other | 0.1% |
C000020055 Performance
Total returns for C000020055 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.8% |
| 1 year | 6.4% |
| 3 years (annualised) | 7.2% |
| 5 years (annualised) | 1.9% |
C000020055 Risk Information
Risk metrics for C000020055, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.1%
C000020055 Costs and Fees
C000020055 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 0.99%
- Portfolio turnover: 306%
- Brokerage commissions: 2.54 bps of average net assets (SEC N-CEN)
C000020055 Cashflows
Over the 12 months to 2026-06, Bond-Debenture Portfolio had net inflows of $64.80M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.20M |
| 2026-05 | $1.61M |
| 2026-04 | −$3.03M |
| 2026-03 | −$4.07M |
| 2026-02 | $50.35K |
| 2026-01 | −$1.37M |
C000020055 Debt Constituents
Largest debt holdings of Bond-Debenture Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Republic Of South Africa | 0.48% |
| American Airlines/aadvan | 0.47% |
| Republic Of Venezuela | 0.43% |
| Republic Of Ecuador | 0.42% |
| Argentina Republic Government International Bonds | 0.41% |
| Venture Global Lng, Inc. | 0.39% |
| Ghana Government International Bonds | 0.35% |
| Petroleos Mexicanos | 0.35% |
| Oracle Corp. | 0.33% |
| Petroleos De Venezuela S | 0.33% |
C000020055 Prospectus and SEC Filings
Official Bond-Debenture Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-10
- Prospectus (485BPOS) — filed 2024-04-05
- Prospectus supplement (497) — filed 2026-05-01
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.