C000202980 Performance — Lord Abbett Global Bond Fund, Class C
Data updated: 2024-03-13
C000202980 returned +5.79% over one year to Dec 2023. The annualised 3-year return is −5.02%. The fund trailed its Global Intermediate Core Bond category average: $100 invested three years ago grew to $86, against $92 for the category, and to $106 over one year, against $107. Volatility over the past three years was 8.63% a year. In the 12 months to Dec 2023 the fund lost a net $318K, and assets reached $9.82M.
C000202980 Growth of $100
What $100 invested in Lord Abbett Global Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Core Bond category average over the same months.
| Period | C000202980 | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $106 | $107 |
| 3 years (Jan 2021 – Dec 2023) | $86 | $92 |
| Since data start (Jul 2019 – Dec 2023) | $93 | $100 |
C000202980 Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.79% |
| 3 years (annualised) | −5.02% |
C000202980 Annual Returns
Calendar-year total returns of Lord Abbett Global Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +5.79% |
| 2022 | −15.96% |
| 2021 | −3.63% |
| 2020 | +7.52% |
| 2019 (Jul–Dec) | +1.10% |
C000202980 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +3.2% | −3.2% | +2.3% | +0.5% | −1.9% | +0.3% | +1.0% | −1.3% | −2.5% | −1.1% | +4.9% | +3.8% |
| 2022 | −2.0% | −2.0% | −2.5% | −5.2% | −0.4% | −4.8% | +2.8% | −3.1% | −5.0% | −0.1% | +5.1% | +0.5% |
| 2021 | −0.6% | −1.2% | −1.8% | +1.6% | +0.9% | −0.5% | +0.7% | −0.2% | −1.5% | −0.2% | −1.0% | +0.2% |
| 2020 | +0.9% | −0.7% | −8.1% | +2.5% | +1.9% | +1.7% | +4.2% | +0.7% | −0.7% | +0.3% | +3.1% | +2.0% |
| 2019 | — | — | — | — | — | — | −0.4% | +0.9% | −0.7% | +0.8% | −0.7% | +1.2% |
C000202980 Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 8.63%
- 3-year Sharpe ratio: -1.10 (vs 4.5% risk-free rate)
- Best month: +5.05% (Nov 2022)
- Worst month: −5.19% (Apr 2022)
C000202980 Fund Flows
Monthly money in and out of Lord Abbett Global Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$318K
- 12-month gross sales (incl. reinvestments): $398K
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $170K | $463K | −$293K |
| Nov 2023 | $12K | $2K | $10K |
| Oct 2023 | $5K | $41K | −$36K |
| Sep 2023 | $6K | $1K | $5K |
| Aug 2023 | $5K | $173 | $5K |
| Jul 2023 | $25K | $103 | $25K |
| Jun 2023 | $30K | $103 | $30K |
| May 2023 | $86K | $137 | $86K |
| Apr 2023 | $4K | $106 | $4K |
| Mar 2023 | $13K | $12K | $867 |
| Feb 2023 | $13K | $11K | $2K |
| Jan 2023 | $29K | $184K | −$155K |
C000202980 Assets Under Management
Net assets of Lord Abbett Global Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $9.82M |
| 2023-09-30 | $9.49M |
| 2023-06-30 | $9.81M |
| 2023-03-31 | $9.90M |
| 2022-12-31 | $9.92M |
| 2022-09-30 | $9.45M |
| 2022-06-30 | $10.05M |
| 2022-03-31 | $11.20M |
| 2021-12-31 | $12.00M |
| 2021-09-30 | $12.22M |
| 2021-06-30 | $12.50M |
| 2021-03-31 | $12.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.