About LDMVX
The Lord Abbett Emerging Markets Bond Fund Class R6 is a mutual fund that seeks to deliver current income and long-term capital growth by investing primarily in debt securities from emerging market countries. Its portfolio holds a broad mix of sovereign, investment-grade, and high-yield corporate bonds from various regions, reflecting both bottom-up and top-down analysis. The fund actively manages sector, country, and issuer exposures, allowing for dynamic adjustment to global economic and political conditions. A notable aspect of this fund is its willingness to invest in high-yield or "junk" bonds, which are rated below investment grade, thus assuming greater credit risk in pursuit of higher yields. As of June 2025, the fund manages over 230 holdings with total net assets exceeding $115 million, maintains an average yield to maturity of approximately 7%, and distributes income monthly. The fund's risk profile is higher than that of developed market bond funds because of exposure to economic, regulatory, and currency risks intrinsic to emerging markets, making it a specialized vehicle for investors seeking diversified fixed-income exposure outside established markets.
Fund Family Lord Abbett
Category Emerging Markets Bond
Stock Exchange NASDAQ
Ticker Symbol LDMVX
Share Class Class R6
Index JP Morgan EMBI Global Diversified TR
LDMVX had a total return of 8.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.43%.
