Lord Abbett Global Bond Fund

C000202983 Fund Overview

Lord Abbett Global Bond Fund is a US mutual fund managed by Lord Abbett Global Fund INC, categorised as Intermediate Total / Aggregate 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 Global Fund INC
• Category: Intermediate Total / Aggregate Bond
• Assets under management: $9.82M
• 1-year return: 6.6%
• SEC CIK: 0000829901
• SEC series ID: S000062561
• Share class ID: C000202983

C000202983 Investment Objective and Strategy

Lord Abbett Global Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lord Abbett Global Fund INC.

Investment objective

The Funds investment objective is total return.

Principal investment strategy

The Fund seeks to achieve its investment objective by investing across multiple sectors in developed and emerging markets located throughout the world. 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 and other fixed income securities and derivative instruments intended to provide economic exposure to such securities. The Funds investments primarily consist of the following types of U.S. and foreign (including emerging market) securities and other financial instruments: government securities; investment grade fixed income securities; mortgage-backed, mortgage-related and other asset-backed securities; high-yield fixed income securities (commonly referred to as below investment grade or junk bonds); inflation-linked instruments; loans, including bridge loans, novations, assignments, and participations; and convertible securities.

Investment grade fixed income securities are rated, at the time of purchase, within the four highest grades assigned by an independent rating agency, or are unrated but determined by Lord, Abbett & Co. LLC (Lord Abbett) to be of comparable quality. The Fund may invest in individual securities of any credit quality, maturity, or duration. The Fund may invest without limit in high-yield debt securities (commonly referred to as below investment grade or junk bonds). Under normal conditions, the Fund will invest at least 40% of its net assets, unless conditions are deemed to be unfavorable, in which case the Fund will invest at least 30% of its net assets, in securities of issuers economically tied to countries outside the U.S. The Fund will deem an issuer to be economically tied to a non-U.S.

country by looking at a number of factors, including its country of domicile, the primary stock exchange on which it trades, the location from which the majority of its revenue comes, and its reporting currency. The Fund normally will invest in companies located in at least three countries outside of the U.S. The Fund may invest a substantial part of its assets in just one country and is not required to allocate its investments in any set percentages in any particular countries. The Fund may hold non-U.S. currencies without holding any bonds or other income-producing securities denominated in those currencies. The Fund may invest in U.S. dollar-denominated or non-U.S. dollar denominated securities without limit. 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. At its discretion, the Fund may engage in a variety of foreign currency related transactions, including entering into forward foreign currency contracts to hedge against foreign currency fluctuations or to gain exposure to foreign currencies. The Fund is not required to hedge its non-dollar investments back to the U.S. dollar through the use of derivatives, but may do so from time to time as part of its strategy. 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. The portfolio management team selects securities through identification of top-down themes and bottom-up, fundamental research.

Top-down analysis includes assessment of global economic and capital market conditions, while bottom-up research includes analysis of an issuers management quality, credit risk, relative market position, and industry dynamics. The Fund 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 engage in active and frequent trading of its portfolio securities. The Fund may sell a security when the Fund believes the security is less likely to benefit from the current market and economic environment, shows signs of deteriorating fundamentals, has reached its valuation target, for duration management purposes, or portfolio management identifies more compelling investment opportunities, among other reasons.

The Fund seeks to remain fully invested in accordance with its investment objective. The Fund may, however, deviate entirely 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.

C000202983 Holdings

Top 10 holdings of Lord Abbett Global Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000202983 holdings

C000202983 Portfolio Allocation

Asset-class allocation of Lord Abbett Global Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000202983 Performance

Total returns for C000202983 (as of 2026-10-01), from SEC filings.

C000202983 Risk Information

Risk metrics for C000202983, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 9.1%

C000202983 Costs and Fees

C000202983 costs about $58 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.58%
• Gross expense ratio: 2.56%
• Portfolio turnover: 179%
• Brokerage commissions: 0.12 bps of average net assets (SEC N-CEN)

C000202983 Cashflows

Over the 12 months to 2023-12, Lord Abbett Global Bond Fund had net outflows of $317.76K, from monthly SEC N-PORT filings.

C000202983 Debt Constituents

Largest debt holdings of Lord Abbett Global Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000202983 Prospectus and SEC Filings

Official Lord Abbett Global Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-04-28
• Prospectus (485BPOS) — filed 2022-04-25
• Prospectus (485BPOS) — filed 2021-04-26
• Portfolio holdings (N-PORT) — filed 2024-02-29
• Portfolio holdings (N-PORT) — filed 2023-11-24
• Portfolio holdings (N-PORT) — filed 2023-08-28
• Annual census (N-CEN) — filed 2024-03-13
• Annual census (N-CEN) — filed 2023-03-15

Related Funds

Other Intermediate Total / Aggregate Bond funds tracked on ABC INVEST:

• Vanguard Total Bond Market Index Fund (VBMFX)
• Vanguard Total Bond Market II Index Fund (VTBIX)
• Vanguard Total International Bond II Index Fund (VTIIX)
• iShares Core U.S. Aggregate Bond ETF (AGG)
• Vanguard Total International Bond Index Fund (VTIBX)

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.