About LDMFX
The Lord Abbett Emerging Markets Bond Fund Class F is a mutual fund focused on delivering current income and long-term capital growth by primarily investing in debt securities issued by governments and corporations located in emerging market economies. The fund's portfolio is diversified across a range of developing regions, with significant exposure to Latin America, Eastern Europe, Africa, the Middle East, and Asia. By concentrating investments in these markets, the fund aims to capture opportunities often unavailable in more developed economies, while balancing the higher risks typically associated with emerging market debt.
This fund selects bonds denominated mainly in U.S. dollars, seeking to reduce currency risks, and emphasizes issuers with varying credit qualities to achieve income generation and diversification. The fund's portfolio typically contains a large number of holdings, including sovereign, quasi-sovereign, and corporate bonds from countries such as Saudi Arabia, Peru, Indonesia, Egypt, South Africa, Brazil, Hungary, and Panama. The asset plays an important role for investors or institutions looking to enhance yield and diversify fixed income exposure beyond traditional domestic or developed market bonds. The fund's performance is benchmarked against major emerging-markets bond indices, highlighting its integration within global fixed income strategies.
Fund Family Lord Abbett F
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LDMFX
Share Class Class F
Index JP Morgan EMBI Global Diversified TR
LDMFX had a total return of 12.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.37%.
