Lord Abbett Emerging Markets Bond Fund Class R5 (LDMTX)
| Fund Assets | 173.18M |
| Expense Ratio | 0.81% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | -6.15% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 4.540 |
| YTD Return | 0.66% |
| 1-Year Return | 12.46% |
| 5-Year Return | 14.28% |
| 52-Week Low | 4.030 |
| 52-Week High | 4.550 |
| Beta (5Y) | n/a |
| Holdings | 200 |
| Inception Date | Jun 30, 2015 |
About LDMTX
The Lord Abbett Emerging Markets Bond Fund Class R5 is an open-end mutual fund focused on providing current income and long-term capital growth through investments in debt securities tied to emerging market countries. The fund’s strategy involves allocating at least 80% of its net assets to a broad selection of government, corporate, and quasi-sovereign bonds, as well as other debt instruments and derivatives associated with emerging economies. It employs a relative value-oriented investment process, blending bottom-up and top-down analysis to assess macroeconomic, industry, and issuer-specific risks and opportunities. Notably, the fund has flexibility in credit quality, including significant exposure to high-yield (below investment grade) securities, and can invest in bonds denominated in both U.S. and foreign currencies. Its portfolio is diversified across countries, sectors, and industries, yet the management team may concentrate positions when they identify attractive opportunities. Risk management incorporates consideration of economic, political, monetary, and ESG factors in each market. With an average effective duration of approximately 6.7 years and a global footprint spanning over 230 holdings, this fund plays a vital role in providing access to the higher yield potential and diversification benefits of emerging market debt within a broader fixed income allocation.
Performance
LDMTX had a total return of 12.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 1.79% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 1.04% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.69% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.79% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01967 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01901 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02052 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02063 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02092 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02132 | Aug 29, 2025 |