About LDMYX
Lord Abbett Emerging Markets Bond Fund Class I is a mutual fund focused on delivering current income and long-term capital growth through investments primarily in debt securities issued by governments and corporations within emerging markets. The fund targets a diversified portfolio, typically holding over 230 different securities spread across various regions including Latin America, Asia, the Middle East/Africa, Europe, and North America, which helps to manage country and sector-specific risks. Its strategy involves investing at least 80% of assets in emerging market bonds, with the flexibility to allocate across both hard currency and local currency debt. The fund serves institutional investors and those accessing it through financial intermediaries, with a minimum initial investment generally set at $1,000,000 for Class I shares. Noted for its comparatively low expense ratio and disciplined management approach, the fund plays a significant role for investors seeking to access the income and diversification benefits associated with emerging market fixed income, commonly used within broader global bond allocations.
Fund Family Lord Abbett I
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LDMYX
Share Class Class I
Index JP Morgan EMBI Global Diversified TR
LDMYX had a total return of 124.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.70%.
