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Trending ETFs

Lord Abbett Emerging Markets Bond Fund

mutual fund
LDMVX
Payout Change
Pending
Price as of:
$4.3 -0.01 -0.23%
primary theme
Emerging Markets Bond
LDMVX (Mutual Fund)

Lord Abbett Emerging Markets Bond Fund

Payout Change
Pending
Price as of:
$4.3 -0.01 -0.23%
primary theme
Emerging Markets Bond
LDMVX (Mutual Fund)

Lord Abbett Emerging Markets Bond Fund

Payout Change
Pending
Price as of:
$4.3 -0.01 -0.23%
primary theme
Emerging Markets Bond

Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$4.30

$113 M

5.89%

$0.25

0.78%

Vitals

YTD Return

8.5%

1 yr return

21.6%

3 Yr Avg Return

0.3%

5 Yr Avg Return

1.2%

Net Assets

$113 M

Holdings in Top 10

13.4%

52 WEEK LOW AND HIGH

$4.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.78%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 56.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$4.30

$113 M

5.89%

$0.25

0.78%

LDMVX - Profile

Distributions

  • YTD Total Return 8.5%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.10%
DIVIDENDS
  • Dividend Yield 5.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Lord Abbett Emerging Markets Bond Fund
  • Fund Family Name
    LORDABBETT
  • Inception Date
    Apr 04, 2017
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Steven Rocco

Fund Description

To pursue its objective, under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in debt securities that are tied economically to emerging market countries and derivative instruments that are intended to provide economic exposure to such securities. For purposes of this policy, the Fund considers emerging market countries to include every nation in the world except the United States, Canada, Japan, Australia, New Zealand, and most countries located in Western Europe.

The Fund may invest in all types of debt securities and derivative instruments, including, among others, corporate debt securities, government securities (including sovereign and quasi-sovereign bonds), loans, convertible securities, mortgage-related and other asset-backed securities, inflation-linked investments, structured notes, hybrid or “indexed” securities, event-linked bonds, and derivatives based on the return of debt securities. The Fund may invest in derivatives, consisting principally of swaps, options, forwards, and futures, for hedging or non-hedging purposes as a substitute for investing directly in emerging market debt securities.

The Fund may invest without limit in securities denominated in non-U.S. currencies.

The Fund may invest in securities of any credit quality, maturity, or duration. The Fund may invest without limitation in high-yield debt securities (commonly referred to as “below investment grade” or “junk” bonds). High-yield debt securities are rated

BB/Ba or lower at the time of purchase by an independent rating agency, or are unrated but deemed by Lord, Abbett & Co. LLC (“Lord Abbett”) to be of comparable quality.

The Fund’s assets will be invested across different industries, sectors, countries, and regions. However, the Fund’s portfolio management team may invest a significant percentage of the Fund’s assets in issuers in a single industry, sector, country, or region.

The portfolio management team buys and sells securities using a relative value-oriented investment process and combines bottom-up and top-down analysis to construct its portfolio. In selecting securities, the portfolio management team may overweight or underweight individual issuers, industries, sectors, countries, or regions relative to the benchmark. In evaluating a particular country, the portfolio management team may evaluate the country’s internal political, market, and economic factors, such as public finances, monetary policy, financial markets, foreign investment regulations, exchange rate policy and labor conditions, among others. The investment team may also consider the risks and return potential presented by environmental, social, and governance (“ESG”) factors in investment decisions. 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, 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.

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LDMVX - Performance

Return Ranking - Trailing

Period LDMVX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.5% -1.5% 490.6% 22.79%
1 Yr 21.6% 7.2% 538.0% 19.73%
3 Yr 0.3%* -8.1% 60.6% 56.69%
5 Yr 1.2%* -6.3% 30.3% 50.92%
10 Yr N/A* -5.3% 14.9% 62.19%

* Annualized

Return Ranking - Calendar

Period LDMVX Return Category Return Low Category Return High Rank in Category (%)
2023 4.8% -10.6% 17.8% 57.63%
2022 -19.6% -29.1% -2.4% 68.42%
2021 -6.8% -24.0% 2.7% 46.98%
2020 0.2% -14.0% 9.7% 61.40%
2019 10.2% -6.4% 13.0% 16.79%

Total Return Ranking - Trailing

Period LDMVX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.5% -1.5% 490.6% 22.79%
1 Yr 21.6% 7.2% 538.0% 19.73%
3 Yr 0.3%* -8.1% 60.6% 56.69%
5 Yr 1.2%* -6.3% 30.3% 50.92%
10 Yr N/A* -5.3% 14.9% 61.69%

* Annualized

Total Return Ranking - Calendar

Period LDMVX Return Category Return Low Category Return High Rank in Category (%)
2023 10.6% -0.6% 20.0% 68.47%
2022 -15.5% -27.6% -1.7% 69.47%
2021 -2.3% -18.5% 7.4% 35.94%
2020 5.4% -7.8% 18.0% 47.43%
2019 16.2% -3.0% 23.0% 10.07%

NAV & Total Return History


LDMVX - Holdings

Concentration Analysis

LDMVX Category Low Category High LDMVX % Rank
Net Assets 113 M 565 K 14.8 B 59.32%
Number of Holdings 224 4 1813 58.64%
Net Assets in Top 10 14.7 M -134 M 1.25 B 69.49%
Weighting of Top 10 13.36% 5.8% 102.2% 79.79%

Top 10 Holdings

  1. Saudi Government International Bond 1.73%
  2. Indonesia Government International Bonds 1.68%
  3. Peru Government International Bonds 1.40%
  4. Brazilian Government International Bond 1.38%
  5. Brazilian Government International Bond 1.32%
  6. Republic of South Africa Government International Bonds 1.30%
  7. Egypt Government International Bonds 1.16%
  8. Turkiye Government International Bond 1.14%
  9. QatarEnergy 1.14%
  10. Colombia Government International Bonds 1.11%

Asset Allocation

Weighting Return Low Return High LDMVX % Rank
Bonds
99.38% 0.00% 105.61% 4.07%
Cash
0.64% 0.00% 24.01% 91.53%
Convertible Bonds
0.12% 0.00% 8.47% 53.42%
Stocks
0.00% -0.01% 96.53% 74.92%
Preferred Stocks
0.00% 0.00% 2.76% 61.36%
Other
-0.02% -13.89% 86.73% 75.59%

Bond Sector Breakdown

Weighting Return Low Return High LDMVX % Rank
Government
78.43% 0.00% 99.79% 22.60%
Corporate
21.29% 0.00% 91.26% 37.33%
Cash & Equivalents
0.00% 0.00% 23.23% 88.81%
Securitized
0.00% 0.00% 2.41% 66.78%
Municipal
0.00% 0.00% 0.00% 60.62%
Derivative
-0.02% -3.00% 13.76% 69.15%

Bond Geographic Breakdown

Weighting Return Low Return High LDMVX % Rank
US
98.71% -42.31% 99.15% 3.73%
Non US
0.67% 0.00% 132.49% 83.05%

LDMVX - Expenses

Operational Fees

LDMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.78% 0.02% 32.92% 82.31%
Management Fee 0.50% 0.00% 1.10% 15.93%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.02% 0.65% 16.19%

Sales Fees

LDMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LDMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LDMVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 56.00% 0.00% 218.00% 54.65%

LDMVX - Distributions

Dividend Yield Analysis

LDMVX Category Low Category High LDMVX % Rank
Dividend Yield 5.89% 0.00% 22.22% 47.12%

Dividend Distribution Analysis

LDMVX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Quarterly

Net Income Ratio Analysis

LDMVX Category Low Category High LDMVX % Rank
Net Income Ratio 4.10% -2.28% 8.00% 48.26%

Capital Gain Distribution Analysis

LDMVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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LDMVX - Fund Manager Analysis

Managers

Steven Rocco


Start Date

Tenure

Tenure Rank

Aug 01, 2018

3.83

3.8%

Mr. Rocco is Partner and Director of Taxable Fixed Income of Lord Abbett. Mr. Rocco is a lead portfolio manager for the high yield fixed income strategy and also contributes as portfolio manager to the multi-sector fixed-income strategy. Mr. Rocco joined Lord Abbett in 2004 and was named Partner in 2011. Mr. Rocco joined Lord Abbett as an associate portfolio manager and then transitioned to lead portfolio manager for our short duration and corporate bond strategies. He was previously a Consultant at FactSet. Mr. Rocco received a BA from Cornell University. He is a holder of a Chartered Financial Analyst designation and has been in the investment business since 2001.

Mila Skulkina


Start Date

Tenure

Tenure Rank

Jan 02, 2020

2.41

2.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.15 23.87 6.49 6.11