Lord Abbett
Quarterly Portfolio Holdings Report
Lord Abbett
Emerging Markets Bond Fund
Emerging Markets Corporate Debt Fund
Global Bond Fund
For the period ended September 30, 2021
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
LONG-TERM INVESTMENTS 98.30% | | | | | | | | | | | | |
| | | | | | | | | | | | |
CORPORATE BONDS 32.77% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Bahrain 1.35% | | | | | | | | | | | | |
Sovereign | | | | | | | | | | | | |
CBB International Sukuk Co. 6 Spc† | | 5.25% | | 3/20/2025 | | $ | 1,680 | | | $ | 1,782,900 | |
CBB International Sukuk Programme Co. WLL† | | 6.25% | | 11/14/2024 | | | 1,050 | | | | 1,138,153 | |
Total Bahrain | | | | | | | | | | | 2,921,053 | |
| | | | | | | | | | | | |
Brazil 1.24% | | | | | | | | | | | | |
Banks 0.65% | | | | | | | | | | | | |
Banco do Brasil SA† | | 3.25% | | 9/30/2026 | | | 850 | | | | 850,638 | |
Itau Unibanco Holding SA† | 4.50% (5 Yr. Treasury CMT + 2.82%) | # | 11/21/2029 | | | 550 | | | | 555,519 | |
| | | | | | | | | | | 1,406,157 | |
| | | | | | | | | | | | |
Media 0.28% | | | | | | | | | | | | |
Globo Comunicacao e Participacoes SA† | | 4.875% | | 1/22/2030 | | | 600 | | | | 595,407 | |
Oil & Gas 0.31% | | | | | | | | | | | | |
Petrobras Global Finance BV | | 5.50% | | 6/10/2051 | | | 730 | | | | 680,542 | |
Total Brazil | | | | | | | | | | | 2,682,106 | |
| | | | | | | | | | | | |
Cayman Islands 0.58% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
OmGrid Funding Ltd.† | | 5.196% | | 5/16/2027 | | | 1,200 | | | | 1,248,974 | |
| | | | | | | | | | | | |
Chile 2.30% | | | | | | | | | | | | |
Banks 0.22% | | | | | | | | | | | | |
Banco del Estado de Chile† | | 2.704% | | 1/9/2025 | | | 450 | | | | 466,987 | |
Chemicals 0.17% | | | | | | | | | | | | |
Sociedad Quimica y Minera de Chile SA† | | 3.50% | | 9/10/2051 | | | 380 | | | | 366,795 | |
Electric 0.77% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 500 | | | | 488,375 | |
Enel Chile SA | | 4.875% | | 6/12/2028 | | | 1,020 | | | | 1,169,991 | |
| | | | | | | | | | | 1,658,366 | |
Mining 0.69% | | | | | | | | | | | | |
Antofagasta plc† | | 2.375% | | 10/14/2030 | | | 900 | | | | 869,634 | |
Corp. Nacional del Cobre de Chile† | | 3.75% | | 1/15/2031 | | | 575 | | | | 619,476 | |
| | | | | | | | | | | 1,489,110 | |
Oil & Gas 0.45% | | | | | | | | | | | | |
Empresa Nacional del Petroleo† | | 3.45% | | 9/16/2031 | | | 1,000 | | | | 983,875 | |
Total Chile | | | | | | | | | | | 4,965,133 | |
| | |
| See Notes to Schedule of Investments. | 1 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
China 2.32% | | | | | | | | | | | | |
Chemicals 0.67% | | | | | | | | | | | | |
Yingde Gases Investment Ltd.† | | 6.25% | | 1/19/2023 | | $ | 1,400 | | | $ | 1,441,995 | |
Engineering & Construction 0.82% | | | | | | | | | | | | |
China Railway Xunjie Co. Ltd. | | 3.25% | | 7/28/2026 | | | 500 | | | | 529,457 | |
Dianjian Haiyu Ltd. | 3.50% (5 Yr. Treasury CMT + 6.77%) | # | — | (a) | | 1,221 | | | | 1,233,210 | |
| | | | | | | | | | | 1,762,667 | |
Internet 0.51% | | | | | | | | | | | | |
Meituan† | | 3.05% | | 10/28/2030 | | | 1,200 | | | | 1,113,857 | |
Investment Companies 0.32% | | | | | | | | | | | | |
Huarong Finance 2017 Co. Ltd. | 4.50% (5 Yr. Treasury CMT + 7.77%) | # | — | (a) | | 450 | | | | 434,250 | |
Huarong Finance 2017 Co. Ltd. | | 4.75% | | 4/27/2027 | | | 270 | | | | 255,150 | |
| | | | | | | | | | | 689,400 | |
Total China | | | | | | | | | | | 5,007,919 | |
| | | | | | | | | | | | |
Colombia 0.60% | | | | | | | | | | | | |
Oil & Gas 0.31% | | | | | | | | | | | | |
Ecopetrol SA | | 7.375% | | 9/18/2043 | | | 565 | | | | 663,358 | |
Pipelines 0.29% | | | | | | | | | | | | |
AI Candelaria Spain SLU† | | 5.75% | | 6/15/2033 | | | 437 | | | | 435,031 | |
Oleoducto Central SA† | | 4.00% | | 7/14/2027 | | | 200 | | | | 206,250 | |
| | | | | | | | | | | 641,281 | |
Total Colombia | | | | | | | | | | | 1,304,639 | |
| | | | | | | | | | | | |
Georgia 0.09% | | | | | | | | | | | | |
Transportation | | | | | | | | | | | | |
Georgian Railway JSC† | | 4.00% | | 6/17/2028 | | | 200 | | | | 203,900 | |
| | | | | | | | | | | | |
Hong Kong 0.11% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Xiaomi Best Time International Ltd.† | | 4.10% | | 7/14/2051 | | | 230 | | | | 234,414 | |
| | | | | | | | | | | | |
India 0.62% | | | | | | | | | | | | |
Commercial Services 0.48% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 5.00% | | 8/2/2041 | | | 1,000 | | | | 1,040,033 | |
Diversified Financial Services 0.14% | | | | | | | | | | | | |
Power Finance Corp. Ltd.† | | 3.95% | | 4/23/2030 | | | 300 | | | | 307,163 | |
Total India | | | | | | | | | | | 1,347,196 | |
| | | | | | | | | | | | |
| |
2 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Indonesia 2.02% | | | | | | | | | | | | |
Electric 0.99% | | | | | | | | | | | | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 3.00% | | 6/30/2030 | | $ | 600 | | | $ | 599,850 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.00% | | 6/30/2050 | | | 560 | | | | 537,600 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.125% | | 5/15/2027 | | | 930 | | | | 1,009,050 | |
| | | | | | | | | | | 2,146,500 | |
Mining 0.26% | | | | | | | | | | | | |
Indonesia Asahan Aluminium Persero PT† | | 5.45% | | 5/15/2030 | | | 480 | | | | 552,600 | |
Oil & Gas 0.77% | | | | | | | | | | | | |
Pertamina Persero PT† | | 3.10% | | 1/21/2030 | | | 900 | | | | 922,028 | |
Pertamina Persero PT† | | 5.625% | | 5/20/2043 | | | 630 | | | | 749,209 | |
| | | | | | | | | | | 1,671,237 | |
Total Indonesia | | | | | | | | | | | 4,370,337 | |
| | | | | | | | | | | | |
Israel 0.10% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Bank Leumi Le-Israel BM† | 3.275% (5 Yr. Treasury CMT + 1.63%) | # | 1/29/2031 | | | 200 | | | | 205,250 | |
| | | | | | | | | | | | |
Jamaica 0.23% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
TransJamaican Highway Ltd.† | | 5.75% | | 10/10/2036 | | | 500 | | | | 501,200 | |
| | | | | | | | | | | | |
Kazakhstan 1.63% | | | | | | | | | | | | |
Oil & Gas 1.07% | | | | | | | | | | | | |
KazMunayGas National Co. JSC† | | 4.75% | | 4/19/2027 | | | 700 | | | | 784,168 | |
KazMunayGas National Co. JSC† | | 6.375% | | 10/24/2048 | | | 300 | | | | 386,565 | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 1,120 | | | | 1,137,763 | |
| | | | | | | | | | | 2,308,496 | |
Pipelines 0.56% | | | | | | | | | | | | |
KazTransGas JSC† | | 4.375% | | 9/26/2027 | | | 1,100 | | | | 1,214,587 | |
Total Kazakhstan | | | | | | | | | | | 3,523,083 | |
| | | | | | | | | | | | |
Kuwait 0.24% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
NBK Tier 1 Financing 2 Ltd.† | 4.50% (6 Yr. Swap rate + 2.83%) | # | — | (a) | | 500 | | | | 517,472 | |
| | |
| See Notes to Schedule of Investments. | 3 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Luxembourg 0.38% | | | | | | | | | | |
Banks | | | | | | | | | | |
Sberbank of Russia Via SB Capital SA† | | 6.125% | | 2/7/2022 | | $ | 800 | | | $ | 815,411 | |
| | | | | | | | | | | | |
Malaysia 1.84% | | | | | | | | | | | | |
Chemicals 0.34% | | | | | | | | | | | | |
OCP SA† | | 5.125% | | 6/23/2051 | | | 500 | | | | 496,562 | |
OCP SA† | | 6.875% | | 4/25/2044 | | | 200 | | | | 242,986 | |
| | | | | | | | | | | 739,548 | |
Oil & Gas 1.50% | | | | | | | | | | | | |
Petronas Capital Ltd.† | | 3.404% | | 4/28/2061 | | | 2,200 | | | | 2,221,685 | |
Petronas Energy Canada Ltd.† | | 2.112% | | 3/23/2028 | | | 1,000 | | | | 1,004,556 | |
| | | | | | | | | | | 3,226,241 | |
Total Malaysia | | | | | | | | | | | 3,965,789 | |
| | | | | | | | | | | | |
Mauritius 0.39% | | | | | | | | | | | | |
Energy-Alternate Sources | | | | | | | | | | | | |
Greenko Solar Mauritius Ltd.† | | 5.95% | | 7/29/2026 | | | 800 | | | | 848,374 | |
| | | | | | | | | | | | |
Mexico 4.80% | | | | | | | | | | | | |
Banks 0.44% | | | | | | | | | | | | |
Banco Nacional de Comercio Exterior SNC† | 2.72% (5 Yr. Treasury CMT + 2.00%) | # | 8/11/2031 | | | 420 | | | | 422,625 | |
BBVA Bancomer SA† | 5.125% (5 Yr. Treasury CMT + 2.65%) | # | 1/18/2033 | | | 500 | | | | 521,947 | |
| | | | | | | | | | | 944,572 | |
Electric 0.35% | | | | | | | | | | | | |
Comision Federal de Electricidad† | | 4.677% | | 2/9/2051 | | | 800 | | | | 767,616 | |
Oil & Gas 4.01% | | | | | | | | | | | | |
Petroleos Mexicanos | | 4.50% | | 1/23/2026 | | | 875 | | | | 881,081 | |
Petroleos Mexicanos | | 5.35% | | 2/12/2028 | | | 3,907 | | | | 3,856,912 | |
Petroleos Mexicanos | | 6.50% | | 6/2/2041 | | | 2,375 | | | | 2,105,711 | |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 2,078 | | | | 1,815,549 | |
| | | | | | | | | | | 8,659,253 | |
Total Mexico | | | | | | | | | | | 10,371,441 | |
| | | | | | | | | | | | |
Oman 0.61% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
OQ SAOC† | | 5.125% | | 5/6/2028 | | | 1,300 | | | | 1,317,947 | |
| |
4 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Pakistan 0.96% | | | | | | | | | | | | |
Sovereign | | | | | | | | | | | | |
Third Pakistan International Sukuk Co. Ltd. (The) | | 5.50% | | 10/13/2021 | | $ | 900 | | | $ | 900,279 | |
Third Pakistan International Sukuk Co. Ltd. (The)† | | 5.625% | | 12/5/2022 | | | 1,150 | | | | 1,178,417 | |
Total Pakistan | | | | | | | | | | | 2,078,696 | |
| | | | | | | | | | | | |
Panama 0.54% | | | | | | | | | | | | |
Banks 0.22% | | | | | | | | | | | | |
Banco Nacional de Panama† | | 2.50% | | 8/11/2030 | | | 500 | | | | 480,125 | |
Electric 0.09% | | | | | | | | | | | | |
AES Panama Generation Holdings SRL† | | 4.375% | | 5/31/2030 | | | 200 | | | | 206,450 | |
Multi-National 0.23% | | | | | | | | | | | | |
Banco Latinoamericano de Comercio Exterior SA† | | 2.375% | | 9/14/2025 | | | 478 | | | | 488,875 | |
Total Panama | | | | | | | | | | | 1,175,450 | |
| | | | | | | | | | | | |
Paraguay 0.14% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | | 300 | | | | 298,128 | |
| | | | | | | | | | | | |
Peru 0.97% | | | | | | | | | | | | |
Banks 0.53% | | | | | | | | | | | | |
Banco Internacional del Peru SAA Interbank† | | 3.25% | | 10/4/2026 | | | 590 | | | | 605,340 | |
Banco Internacional del Peru SAA Interbank† | | 3.375% | | 1/18/2023 | | | 520 | | | | 529,755 | |
| | | | | | | | | | | 1,135,095 | |
Oil & Gas 0.44% | | | | | | | | | | | | |
Hunt Oil Co. of Peru LLC Sucursal Del Peru† | | 6.375% | | 6/1/2028 | | | 450 | | | | 452,556 | |
Petroleos del Peru SA† | | 5.625% | | 6/19/2047 | | | 500 | | | | 500,295 | |
| | | | | | | | | | | 952,851 | |
Total Peru | | | | | | | | | | | 2,087,946 | |
| | | | | | | | | | | | |
Qatar 1.04% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Qatar Petroleum† | | 2.25% | | 7/12/2031 | | | 1,500 | | | | 1,487,655 | |
Qatar Petroleum† | | 3.30% | | 7/12/2051 | | | 750 | | | | 759,015 | |
Total Qatar | | | | | | | | | | | 2,246,670 | |
| | | | | | | | | | | | |
Russia 0.85% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Gazprom PJSC Via Gaz Capital SA† | | 4.95% | | 2/6/2028 | | | 700 | | | | 774,935 | |
Lukoil Securities BV† | | 3.875% | | 5/6/2030 | | | 1,000 | | | | 1,052,550 | |
Total Russia | | | | | | | | | | | 1,827,485 | |
| | |
| See Notes to Schedule of Investments. | 5 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Saudi Arabia 0.84% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
SAGlobal Sukuk Ltd.† | | 1.602% | | 6/17/2026 | | $ | 240 | | | $ | 238,801 | |
Saudi Arabian Oil Co.† | | 1.625% | | 11/24/2025 | | | 1,000 | | | | 1,001,500 | |
Saudi Arabian Oil Co. | | 3.50% | | 4/16/2029 | | | 300 | | | | 323,343 | |
Saudi Arabian Oil Co.† | | 4.375% | | 4/16/2049 | | | 225 | | | | 256,138 | |
Total Saudi Arabia | | | | | | | | | | | 1,819,782 | |
| | | | | | | | | | | | |
Singapore 0.46% | | | | | | | | | | | | |
Investment Companies | | | | | | | | | | | | |
Temasek Financial I Ltd.† | | 2.75% | | 8/2/2061 | | | 1,000 | | | | 995,964 | |
| | | | | | | | | | | | |
South Africa 1.01% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
Eskom Holdings SOC Ltd.† | | 6.75% | | 8/6/2023 | | | 1,500 | | | | 1,551,931 | |
Eskom Holdings SOC Ltd.† | | 7.125% | | 2/11/2025 | | | 600 | | | | 626,585 | |
Total South Africa | | | | | | | | | | | 2,178,516 | |
| | | | | | | | | | | | |
South Korea 0.81% | | | | | | | | | | | | |
Banks 0.24% | | | | | | | | | | | | |
Kookmin Bank† | | 1.75% | | 5/4/2025 | | | 500 | | | | 507,804 | |
Semiconductors 0.57% | | | | | | | | | | | | |
SK Hynix, Inc.† | | 2.375% | | 1/19/2031 | | | 1,270 | | | | 1,233,749 | |
Total South Korea | | | | | | | | | | | 1,741,553 | |
| | | | | | | | | | | | |
Supranational 0.24% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank (The)† | | 2.634% | | 5/17/2026 | | | 500 | | | | 512,189 | |
| | | | | | | | | | | | |
Thailand 0.90% | | | | | | | | | | | | |
Banks 0.37% | | | | | | | | | | | | |
Bangkok Bank pcl† | 5.00% (5 Yr. Treasury CMT + 4.73%) | # | — | (a) | | 770 | | | | 801,762 | |
Oil & Gas 0.53% | | | | | | | | | | | | |
Thaioil Treasury Center Co. Ltd.† | | 3.50% | | 10/17/2049 | | | 1,300 | | | | 1,142,439 | |
Total Thailand | | | | | | | | | | | 1,944,201 | |
| | | | | | | | | | | | |
Turkey 0.76% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Turkiye Garanti Bankasi AS† | | 5.875% | | 3/16/2023 | | | 1,200 | | | | 1,247,083 | |
Turkiye Sinai Kalkinma Bankasi AS† | | 5.875% | | 1/14/2026 | | | 400 | | | | 400,212 | |
Total Turkey | | | | | | | | | | | 1,647,295 | |
| |
6 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Ukraine 0.43% | | | | | | | | | | |
Agriculture | | | | | | | | | | |
MHP Lux SA† | | 6.25% | | 9/19/2029 | | $ | 900 | | | $ | 923,310 | |
| | | | | | | | | | | | |
United Arab Emirates 1.27% | | | | | | | | | | | | |
Commercial Services 0.60% | | | | | | | | | | | | |
DP World Crescent Ltd. | | 3.875% | | 7/18/2029 | | | 1,200 | | | | 1,298,844 | |
Investment Companies 0.20% | | | | | | | | | | | | |
MDGH - GMTN BV† | | 3.70% | | 11/7/2049 | | | 400 | | | | 437,468 | |
Pipelines 0.47% | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 1,000 | | | | 1,010,269 | |
Total United Arab Emirates | | | | | | | | | | | 2,746,581 | |
| | | | | | | | | | | | |
United States 0.10% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Citgo Holding, Inc.† | | 9.25% | | 8/1/2024 | | | 208 | | | | 209,820 | |
Total Corporate Bonds (cost $69,197,231) | | | | | | | | | | | 70,785,224 | |
| | | | | | | | | | | | |
FOREIGN GOVERNMENT OBLIGATIONS 65.53% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Angola 1.72% | | | | | | | | | | | | |
Republic of Angola† | | 8.25% | | 5/9/2028 | | | 2,400 | | | | 2,493,485 | |
Republic of Angola† | | 9.125% | | 11/26/2049 | | | 1,200 | | | | 1,223,304 | |
Total Angola | | | | | | | | | | | 3,716,789 | |
| | | | | | | | | | | | |
Argentina 0.92% | | | | | | | | | | | | |
Argentine Republic Government International Bond | | 0.50% | | 7/9/2030 | | | 550 | | | | 203,071 | |
Argentine Republic Government International Bond | | 1.125% | | 7/9/2035 | | | 2,950 | | | | 972,202 | |
Argentine Republic Government International Bond | | 2.00% | | 1/9/2038 | | | 2,077 | | | | 810,647 | |
Total Argentina | | | | | | | | | | | 1,985,920 | |
| | | | | | | | | | | | |
Bahrain 1.71% | | | | | | | | | | | | |
Kingdom of Bahrain† | | 5.45% | | 9/16/2032 | | | 1,550 | | | | 1,508,305 | |
Kingdom of Bahrain† | | 6.00% | | 9/19/2044 | | | 300 | | | | 276,945 | |
Kingdom of Bahrain† | | 6.75% | | 9/20/2029 | | | 1,300 | | | | 1,399,021 | |
Kingdom of Bahrain† | | 7.00% | | 1/26/2026 | | | 450 | | | | 499,362 | |
Total Bahrain | | | | | | | | | | | 3,683,633 | |
| | |
| See Notes to Schedule of Investments. | 7 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Bermuda 0.15% | | | | | | | | | | |
Bermuda Government International Bond† | | 2.375% | | 8/20/2030 | | $ | 320 | | | $ | 318,400 | |
| | | | | | | | | | | | |
Brazil 1.50% | | | | | | | | | | | | |
Federal Republic of Brazil | | 3.75% | | 9/12/2031 | | | 1,650 | | | | 1,567,500 | |
Federal Republic of Brazil | | 4.75% | | 1/14/2050 | | | 1,431 | | | | 1,270,399 | |
Federal Republic of Brazil | | 5.00% | | 1/27/2045 | | | 436 | | | | 407,974 | |
Total Brazil | | | | | | | | | | | 3,245,873 | |
| | | | | | | | | | | | |
Chile 0.96% | | | | | | | | | | | | |
Chile Government International Bond | | 2.45% | | 1/31/2031 | | | 850 | | | | 843,565 | |
Chile Government International Bond | | 3.10% | | 5/7/2041 | | | 550 | | | | 531,861 | |
Chile Government International Bond | | 3.50% | | 1/25/2050 | | | 700 | | | | 701,138 | |
Total Chile | | | | | | | | | | | 2,076,564 | |
| | | | | | | | | | | | |
Colombia 2.96% | | | | | | | | | | | | |
Republic of Colombia | | 3.00% | | 1/30/2030 | | | 1,305 | | | | 1,235,724 | |
Republic of Colombia | | 3.25% | | 4/22/2032 | | | 1,600 | | | | 1,496,032 | |
Republic of Colombia | | 3.875% | | 4/25/2027 | | | 860 | | | | 892,998 | |
Republic of Colombia | | 4.125% | | 5/15/2051 | | | 1,250 | | | | 1,077,025 | |
Republic of Colombia | | 5.00% | | 6/15/2045 | | | 1,735 | | | | 1,697,507 | |
Total Colombia | | | | | | | | | | | 6,399,286 | |
| | | | | | | | | | | | |
Costa Rica 1.60% | | | | | | | | | | | | |
Costa Rica Government† | | 4.375% | | 4/30/2025 | | | 640 | | | | 651,686 | |
Costa Rica Government† | | 5.625% | | 4/30/2043 | | | 1,762 | | | | 1,572,603 | |
Costa Rica Government† | | 6.125% | | 2/19/2031 | | | 1,185 | | | | 1,219,081 | |
Total Costa Rica | | | | | | | | | | | 3,443,370 | |
| | | | | | | | | | | | |
Dominican Republic 3.10% | | | | | | | | | | | | |
Dominican Republic† | | 4.50% | | 1/30/2030 | | | 1,428 | | | | 1,456,574 | |
Dominican Republic† | | 4.875% | | 9/23/2032 | | | 500 | | | | 511,255 | |
Dominican Republic† | | 5.30% | | 1/21/2041 | | | 750 | | | | 743,633 | |
Dominican Republic† | | 5.875% | | 1/30/2060 | | | 1,300 | | | | 1,275,313 | |
Dominican Republic† | | 5.95% | | 1/25/2027 | | | 1,225 | | | | 1,381,200 | |
Dominican Republic† | | 6.40% | | 6/5/2049 | | | 1,250 | | | | 1,326,262 | |
Total Dominican Republic | | | | | | | | | | | 6,694,237 | |
| | | | | | | | | | | | |
Ecuador 1.84% | | | | | | | | | | | | |
Ecuador Government International Bond† | | Zero Coupon | | 7/31/2030 | | | 796 | | | | 428,976 | |
Ecuador Government International Bond† | | 0.50% | | 7/31/2040 | | | 2,970 | | | | 1,735,419 | |
Ecuador Government International Bond† | | 5.00% | | 7/31/2030 | | | 2,158 | | | | 1,817,758 | |
Total Ecuador | | | | | | | | | | | 3,982,153 | |
| |
8 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Egypt 3.23% | | | | | | | | | | | | |
Republic of Egypt† | | 3.875% | | 2/16/2026 | | $ | 3,400 | | | $ | 3,204,724 | |
Republic of Egypt† | | 5.80% | | 9/30/2027 | | | 1,000 | | | | 984,330 | |
Republic of Egypt† | | 7.30% | | 9/30/2033 | | | 1,000 | | | | 973,550 | |
Republic of Egypt† | | 7.903% | | 2/21/2048 | | | 920 | | | | 842,950 | |
Republic of Egypt† | | 8.75% | | 9/30/2051 | | | 1,000 | | | | 978,390 | |
Total Egypt | | | | | | | | | | | 6,983,944 | |
| | | | | | | | | | | | |
El Salvador 0.72% | | | | | | | | | | | | |
Republic of EI Salvador† | | 7.65% | | 6/15/2035 | | | 525 | | | | 380,625 | |
Republic of EI Salvador† | | 8.25% | | 4/10/2032 | | | 1,575 | | | | 1,181,565 | |
Total El Salvador | | | | | | | | | | | 1,562,190 | |
| | | | | | | | | | | | |
Ghana 1.82% | | | | | | | | | | | | |
Republic of Ghana† | | 6.375% | | 2/11/2027 | | | 2,100 | | | | 1,982,137 | |
Republic of Ghana† | | 7.625% | | 5/16/2029 | | | 730 | | | | 695,449 | |
Republic of Ghana | | 7.875% | | 3/26/2027 | | | 325 | | | | 318,451 | |
Republic of Ghana† | | 8.625% | | 4/7/2034 | | | 500 | | | | 476,990 | |
Republic of Ghana† | | 8.95% | | 3/26/2051 | | | 500 | | | | 457,008 | |
Total Ghana | | | | | | | | | | | 3,930,035 | |
| | | | | | | | | | | | |
Guatemala 0.63% | | | | | | | | | | | | |
Republic of Guatemala† | | 4.375% | | 6/5/2027 | | | 625 | | | | 669,694 | |
Republic of Guatemala† | | 6.125% | | 6/1/2050 | | | 600 | | | | 693,006 | |
Total Guatemala | | | | | | | | | | | 1,362,700 | |
| | | | | | | | | | | | |
Indonesia 2.14% | | | | | | | | | | | | |
Indonesia Government International Bond | | 3.05% | | 3/12/2051 | | | 1,700 | | | | 1,609,143 | |
Indonesia Government International Bond | | 3.50% | | 2/14/2050 | | | 500 | | | | 501,536 | |
Perusahaan Penerbit SBSN Indonesia III† | | 1.50% | | 6/9/2026 | | | 1,500 | | | | 1,500,045 | |
Perusahaan Penerbit SBSN Indonesia III† | | 2.55% | | 6/9/2031 | | | 1,000 | | | | 1,016,480 | |
Total Indonesia | | | | | | | | | | | 4,627,204 | |
| | | | | | | | | | | | |
Ivory Coast 0.60% | | | | | | | | | | | | |
Ivory Coast Government International Bond†(b) | | 4.875% | | 1/30/2032 | | EUR | 615 | | | | 695,718 | |
Ivory Coast Government International Bond† | | 5.75% | | 12/31/2032 | | $ | 595 | | | | 596,886 | |
Total Ivory Coast | | | | | | | | | | | 1,292,604 | |
| | | | | | | | | | | | |
Jamaica 0.20% | | | | | | | | | | | | |
Jamaica Government International Bond | | 6.75% | | 4/28/2028 | | | 375 | | | | 437,775 | |
| | | | | | | | | | | | |
Jordan 0.24% | | | | | | | | | | | | |
Kingdom of Jordan† | | 5.85% | | 7/7/2030 | | | 500 | | | | 520,113 | |
| | |
| See Notes to Schedule of Investments. | 9 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Kazakhstan 1.00% | | | | | | | | | | | | |
Republic of Kazakhstan†(b) | | 1.50% | | 9/30/2034 | | EUR | 500 | | | $ | 586,536 | |
Republic of Kazakhstan† | | 3.875% | | 10/14/2024 | | $ | 422 | | | | 456,311 | |
Republic of Kazakhstan† | | 4.875% | | 10/14/2044 | | | 915 | | | | 1,124,508 | |
Total Kazakhstan | | | | | | | | | | | 2,167,355 | |
| | | | | | | | | | | | |
Kenya 1.29% | | | | | | | | | | | | |
Republic of Kenya† | | 6.30% | | 1/23/2034 | | | 1,000 | | | | 989,495 | |
Republic of Kenya† | | 7.00% | | 5/22/2027 | | | 500 | | | | 541,612 | |
Republic of Kenya† | | 7.25% | | 2/28/2028 | | | 689 | | | | 758,842 | |
Republic of Kenya† | | 8.25% | | 2/28/2048 | | | 450 | | | | 487,987 | |
Total Kenya | | | | | | | | | | | 2,777,936 | |
| | | | | | | | | | | | |
Lebanon 0.15% | | | | | | | | | | | | |
Republic of Lebanon(c) | | 6.65% | | 2/26/2030 | | | 1,948 | | | | 330,615 | |
| | | | | | | | | | | | |
Mexico 1.24% | | | | | | | | | | | | |
United Mexican States | | 2.659% | | 5/24/2031 | | | 714 | | | | 690,602 | |
United Mexican States | | 3.771% | | 5/24/2061 | | | 930 | | | | 827,547 | |
United Mexican States | | 4.50% | | 1/31/2050 | | | 1,130 | | | | 1,158,476 | |
Total Mexico | | | | | | | | | | | 2,676,625 | |
| | | | | | | | | | | | |
Mongolia 0.41% | | | | | | | | | | | | |
Development Bank of Mongolia LLC† | | 7.25% | | 10/23/2023 | | | 822 | | | | 879,615 | |
| | | | | | | | | | | | |
Morocco 0.35% | | | | | | | | | | | | |
Morocco Government International Bond† | | 3.00% | | 12/15/2032 | | | 320 | | | | 304,949 | |
Morocco Government International Bond† | | 4.00% | | 12/15/2050 | | | 500 | | | | 457,434 | |
Total Morocco | | | | | | | | | | | 762,383 | |
| | | | | | | | | | | | |
Nigeria 2.05% | | | | | | | | | | | | |
Republic of Nigeria† | | 6.50% | | 11/28/2027 | | | 2,150 | | | | 2,234,667 | |
Republic of Nigeria† | | 7.375% | | 9/28/2033 | | | 1,200 | | | | 1,212,048 | |
Republic of Nigeria† | | 9.248% | | 1/21/2049 | | | 900 | | | | 982,084 | |
Total Nigeria | | | | | | | | | | | 4,428,799 | |
| | | | | | | | | | | | |
Oman 2.66% | | | | | | | | | | | | |
Oman Government International Bond† | | 4.75% | | 6/15/2026 | | | 3,550 | | | | 3,647,455 | |
Oman Government International Bond† | | 6.75% | | 1/17/2048 | | | 1,000 | | | | 992,734 | |
Oman Government International Bond† | | 7.00% | | 1/25/2051 | | | 300 | | | | 305,304 | |
Oman Sovereign Sukuk Co.† | | 4.875% | | 6/15/2030 | | | 760 | | | | 801,025 | |
Total Oman | | | | | | | | | | | 5,746,518 | |
| |
10 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Pakistan 0.37% | | | | | | | | | | |
Republic of Pakistan† | | 6.00% | | 4/8/2026 | | $ | 800 | | | $ | 797,000 | |
| | | | | | | | | | | | |
Panama 2.01% | | | | | | | | | | | | |
Republic of Panama | | 2.252% | | 9/29/2032 | | | 1,300 | | | | 1,226,316 | |
Republic of Panama | | 3.87% | | 7/23/2060 | | | 1,010 | | | | 991,486 | |
Republic of Panama | | 4.50% | | 4/16/2050 | | | 1,475 | | | | 1,611,010 | |
Republic of Panama | | 4.50% | | 4/1/2056 | | | 460 | | | | 502,182 | |
Total Panama | | | | | | | | | | | 4,330,994 | |
| | | | | | | | | | | | |
Paraguay 0.73% | | | | | | | | | | | | |
Republic of Paraguay† | | 5.40% | | 3/30/2050 | | | 1,375 | | | | 1,584,701 | |
| | | | | | | | | | | | |
Peru 1.24% | | | | | | | | | | | | |
Republic of Peru | | 1.862% | | 12/1/2032 | | | 1,000 | | | | 910,750 | |
Republic of Peru | | 2.78% | | 12/1/2060 | | | 465 | | | | 393,734 | |
Republic of Peru | | 2.783% | | 1/23/2031 | | | 1,385 | | | | 1,374,059 | |
Total Peru | | | | | | | | | | | 2,678,543 | |
| | | | | | | | | | | | |
Philippines 1.19% | | | | | | | | | | | | |
Philippine Government International Bond | | 2.65% | | 12/10/2045 | | | 2,800 | | | | 2,567,175 | |
| | | | | | | | | | | | |
Qatar 3.71% | | | | | | | | | | | | |
State of Qatar† | | 3.25% | | 6/2/2026 | | | 2,359 | | | | 2,549,607 | |
State of Qatar† | | 3.375% | | 3/14/2024 | | | 1,700 | | | | 1,809,514 | |
State of Qatar† | | 4.00% | | 3/14/2029 | | | 1,650 | | | | 1,878,855 | |
State of Qatar | | 4.40% | | 4/16/2050 | | | 500 | | | | 611,295 | |
State of Qatar† | | 4.40% | | 4/16/2050 | | | 950 | | | | 1,161,461 | |
Total Qatar | | | | | | | | | | | 8,010,732 | |
| | | | | | | | | | | | |
Romania 0.96% | | | | | | | | | | | | |
Romanian Government International Bond†(b) | | 2.625% | | 12/2/2040 | | EUR | 1,000 | | | | 1,081,635 | |
Romanian Government International Bond† | | 4.00% | | 2/14/2051 | | $ | 1,000 | | | | 1,000,500 | |
Total Romania | | | | | | | | | | | 2,082,135 | |
| | | | | | | | | | | | |
Russia 1.59% | | | | | | | | | | | | |
Russian Federation† | | 4.25% | | 6/23/2027 | | | 800 | | | | 892,471 | |
Russian Federation† | | 5.25% | | 6/23/2047 | | | 2,000 | | | | 2,538,704 | |
Total Russia | | | | | | | | | | | 3,431,175 | |
| | | | | | | | | | | | |
Saudi Arabia 3.81% | | | | | | | | | | | | |
Saudi International Bond† | | 2.50% | | 2/3/2027 | | | 1,500 | | | | 1,559,526 | |
Saudi International Bond† | | 2.75% | | 2/3/2032 | | | 1,000 | | | | 1,029,706 | |
Saudi International Bond† | | 3.25% | | 10/26/2026 | | | 500 | | | | 539,710 | |
| | |
| See Notes to Schedule of Investments. | 11 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Saudi Arabia (continued) | | | | | | | | | | | | |
Saudi International Bond† | | 3.45% | | 2/2/2061 | | $ | 2,700 | | | $ | 2,656,543 | |
Saudi International Bond† | | 3.625% | | 3/4/2028 | | | 1,702 | | | | 1,871,962 | |
Saudi International Bond† | | 5.00% | | 4/17/2049 | | | 450 | | | | 561,539 | |
Total Saudi Arabia | | | | | | | | | | | 8,218,986 | |
| | | | | | | | | | | | |
Senegal 0.65% | | | | | | | | | | | | |
Republic of Senegal† | | 6.25% | | 5/23/2033 | | | 1,100 | | | | 1,149,609 | |
Senegal Government International Bond†(b) | | 5.375% | | 6/8/2037 | | EUR | 220 | | | | 251,748 | |
Total Senegal | | | | | | | | | | | 1,401,357 | |
| | | | | | | | | | | | |
South Africa 1.78% | | | | | | | | | | | | |
Republic of South Africa | | 4.30% | | 10/12/2028 | | $ | 2,870 | | | | 2,891,970 | |
Republic of South Africa | | 5.75% | | 9/30/2049 | | | 1,000 | | | | 955,220 | |
Total South Africa | | | | | | | | | | | 3,847,190 | |
| | | | | | | | | | | | |
Sri Lanka 1.76% | | | | | | | | | | | | |
Republic of Sri Lanka† | | 5.75% | | 1/18/2022 | | | 1,200 | | | | 1,080,000 | |
Republic of Sri Lanka† | | 5.75% | | 4/18/2023 | | | 1,531 | | | | 1,016,645 | |
Republic of Sri Lanka† | | 5.875% | | 7/25/2022 | | | 920 | | | | 676,200 | |
Republic of Sri Lanka† | | 6.75% | | 4/18/2028 | | | 1,130 | | | | 692,622 | |
Republic of Sri Lanka† | | 7.55% | | 3/28/2030 | | | 550 | | | | 337,194 | |
Total Sri Lanka | | | | | | | | | | | 3,802,661 | |
| | | | | | | | | | | | |
Tunisia 0.32% | | | | | | | | | | | | |
Banque Centrale de Tunisie International Bond | | 5.75% | | 1/30/2025 | | | 800 | | | | 680,417 | |
| | | | | | | | | | | | |
Turkey 3.28% | | | | | | | | | | | | |
Republic of Turkey | | 4.25% | | 4/14/2026 | | | 2,100 | | | | 1,985,603 | |
Republic of Turkey | | 5.25% | | 3/13/2030 | | | 1,445 | | | | 1,336,631 | |
Republic of Turkey | | 5.75% | | 5/11/2047 | | | 1,250 | | | | 1,039,580 | |
Republic of Turkey | | 5.95% | | 1/15/2031 | | | 500 | | | | 473,982 | |
Republic of Turkey | | 6.35% | | 8/10/2024 | | | 1,625 | | | | 1,684,348 | |
Turkiye Ihracat Kredi Bankasi AS† | | 5.75% | | 7/6/2026 | | | 580 | | | | 569,247 | |
Total Turkey | | | | | | | | | | | 7,089,391 | |
| | | | | | | | | | | | |
Ukraine 2.40% | | | | | | | | | | | | |
Ukraine Government† | | 7.253% | | 3/15/2033 | | | 1,450 | | | | 1,472,869 | |
Ukraine Government† | | 7.375% | | 9/25/2032 | | | 2,306 | | | | 2,366,602 | |
Ukraine Government† | | 8.994% | | 2/1/2024 | | | 1,220 | | | | 1,345,050 | |
Total Ukraine | | | | | | | | | | | 5,184,521 | |
| |
12 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United Arab Emirates 2.28% | | | | | | | | | | | | |
Abu Dhabi Government International Bond† | | 1.70% | | 3/2/2031 | | $ | 1,989 | | | $ | 1,923,293 | |
Abu Dhabi Government International Bond† | | 1.875% | | 9/15/2031 | | | 1,000 | | | | 976,874 | |
Abu Dhabi Government International Bond† | | 3.125% | | 9/30/2049 | | | 2,000 | | | | 2,012,840 | |
Total United Arab Emirates | | | | | | | | | | | 4,913,007 | |
| | | | | | | | | | | | |
Uruguay 1.57% | | | | | | | | | | | | |
Republic of Uruguay | | 4.375% | | 1/23/2031 | | | 400 | | | | 463,492 | |
Republic of Uruguay | | 4.975% | | 4/20/2055 | | | 1,428 | | | | 1,791,755 | |
Republic of Uruguay | | 5.10% | | 6/18/2050 | | | 896 | | | | 1,142,691 | |
Total Uruguay | | | | | | | | | | | 3,397,938 | |
| | | | | | | | | | | | |
Uzbekistan 0.52% | | | | | | | | | | | | |
Republic of Uzbekistan† | | 3.70% | | 11/25/2030 | | | 500 | | | | 485,010 | |
Republic of Uzbekistan† | | 4.75% | | 2/20/2024 | | | 600 | | | | 629,396 | |
Total Uzbekistan | | | | | | | | | | | 1,114,406 | |
| | | | | | | | | | | | |
Vietnam 0.17% | | | | | | | | | | | | |
Socialist Republic of Vietnam† | | 4.80% | | 11/19/2024 | | | 328 | | | | 363,889 | |
Total Foreign Government Obligations (cost $143,839,449) | | | | | | | | | | | 141,528,854 | |
Total Investments in Securities 98.30% (cost $213,036,680) | | | | | | | | | | | 212,314,078 | |
Other Assets and Liabilities – Net(d) 1.70% | | | | | | | | | | | 3,660,838 | |
Net Assets 100.00% | | | | | | | | | | $ | 215,974,916 | |
| | |
EUR | | Euro. |
CMT | | Constant Maturity Rate. |
† | | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2021, the total value of Rule 144A securities was $151,950,917, which represents 70.36% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at September 30, 2021. |
(a) | | Security is perpetual in nature and has no stated maturity. |
(b) | | Investment in non-U.S. dollar denominated securities. |
(c) | | Defaulted (non-income producing security). |
(d) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows: |
Open Forward Foreign Currency Exchange Contracts at September 30, 2021:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Appreciation | |
Euro | | Sell | | State Street Bank and Trust | | 12/10/2021 | | 2,381,000 | | $2,819,930 | | $2,761,672 | | $58,258 | |
| | |
| See Notes to Schedule of Investments. | 13 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2021
Open Futures Contracts at September 30, 2021:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Appreciation | |
Euro- Buxl | | December 2021 | | 3 | | Short | | EUR (750,959 | ) | | EUR (706,617 | ) | | | $ | 30,783 | |
Euro-Bund | | December 2021 | | 9 | | Short | | | (1,835,422 | ) | | | (1,770,399 | ) | | | | 31,882 | |
U.S. 10-Year Ultra Treasury Note | | December 2021 | | 119 | | Short | | $ | (17,612,808 | ) | | $ | (17,284,750 | ) | | | | 328,058 | |
U.S. 5-Year Treasury Note | | December 2021 | | 101 | | Short | | | (12,488,693 | ) | | | (12,396,961 | ) | | | | 91,732 | |
U.S. Ultra Treasury Bond | | December 2021 | | 38 | | Short | | | (7,433,907 | ) | | | (7,260,375 | ) | | | | 173,532 | |
Total Unrealized Appreciation on Open Futures Contracts | | | | | | | | | | | $ | 655,987 | |
| | | | | | | | | | | | | | | | | | | |
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Depreciation | |
U.S. 2-Year Treasury Note | | December 2021 | | 72 | | Long | | $ | 15,852,151 | | | $ | 15,843,938 | | | | $ | (8,213 | ) |
U.S. Long Bond | | December 2021 | | 114 | | Long | | | 18,596,452 | | | | 18,150,937 | | | | | (445,515 | ) |
Total Unrealized Depreciation on Open Futures Contracts | | | | | | | | | | | $ | (453,728 | ) |
The following is a summary of the inputs used as of September 30, 2021 in valuing the Fund’s investments carried at fair value(1):
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Long-Term Investments | | | | | | | | | | | | | | | | |
Corporate Bonds | | $ | – | | | $ | 70,785,224 | | | $ | – | | | $ | 70,785,224 | |
Foreign Government Obligations | | | – | | | | 141,528,854 | | | | – | | | | 141,528,854 | |
Total | | $ | – | | | $ | 212,314,078 | | | $ | – | | | $ | 212,314,078 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 58,258 | | | $ | – | | | $ | 58,258 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 655,987 | | | | – | | | | – | | | | 655,987 | |
Liabilities | | | (453,728 | ) | | | – | | | | – | | | | (453,728 | ) |
Total | | $ | 202,259 | | | $ | 58,258 | | | $ | – | | | $ | 260,517 | |
| | |
(1) | | Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs. |
(2) | | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
14 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | | | | | Shares (000) | | | Fair Value | |
LONG-TERM INVESTMENTS 96.08% | | | | | | | | | | | | |
| | | | | | | | | | | | |
COMMON STOCKS 0.11% | | | | | | | | | | | | |
| | | | | | | | | | | | |
India 0.06% | | | | | | | | | | | | |
Metals & Mining | | | | | | | | | | | | |
Vedanta Ltd. ADR | | | | | | | 3 | | | $ | 43,105 | |
| | | | | | | | | | | | |
Russia 0.05% | | | | | | | | | | | | |
Oil, Gas & Consumable Fuels | | | | | | | | | | | | |
Gazprom PJSC ADR | | | | | | | 4 | | | | 41,807 | |
Total Common Stocks (cost $96,945) | | | | | | | | | | | 84,912 | |
| | | | | | | | | | | | |
| | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | | | |
| | | | | | | | | | | | |
CONVERTIBLE BONDS 0.78% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Argentina 0.09% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
MercadoLibre Inc | | 2.00% | | 8/15/2028 | | $ | 18 | | | | 68,884 | |
| | | | | | | | | | | | |
China 0.12% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
Weibo Corp. | | 1.25% | | 11/15/2022 | | | 98 | | | | 95,795 | |
| | | | | | | | | | | | |
Taiwan 0.08% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
Sea Ltd. | | 2.375% | | 12/1/2025 | | | 19 | | | | 67,538 | |
| | | | | | | | | | | | |
United Arab Emirates 0.25% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Abu Dhabi National Oil Co. | | 0.70% | | 6/4/2024 | | | 200 | | | | 199,500 | |
| | | | | | | | | | | | |
United States 0.24% | | | | | | | | | | | | |
Airlines 0.09% | | | | | | | | | | | | |
JetBlue Airways Corp.† | | 0.50% | | 4/1/2026 | | | 70 | | | | 68,939 | |
Biotechnology 0.10% | | | | | | | | | | | | |
Novavax, Inc. | | 3.75% | | 2/1/2023 | | | 48 | | | | 83,100 | |
Diversified Financial Services 0.05% | | | | | | | | | | | | |
Coinbase Global, Inc.† | | 0.50% | | 6/1/2026 | | | 36 | | | | 36,162 | |
Total United States | | | | | | | | | | | 188,201 | |
Total Convertible Bonds (cost $633,268) | | | | | | | | | | | 619,918 | |
| See Notes to Schedule of Investments. | 15 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
CORPORATE BONDS 92.16% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Argentina 1.58% | | | | | | | | | | | | |
Electric 0.53% | | | | | | | | | | | | |
Pampa Energia SA† | | 7.50% | | 1/24/2027 | | $ | 200 | | | $ | 184,700 | |
Pampa Energia SA† | | 9.125% | | 4/15/2029 | | | 250 | | | | 233,544 | |
| | | | | | | | | | | 418,244 | |
Energy-Alternate Sources 0.16% | | | | | | | | | | | | |
YPF Energia Electrica SA† | | 10.00% | | 7/25/2026 | | | 142 | | | | 130,515 | |
Food 0.16% | | | | | | | | | | | | |
Arcor SAIC† | | 6.00% | | 7/6/2023 | | | 129 | | | | 127,054 | |
Oil & Gas 0.73% | | | | | | | | | | | | |
YPF SA† | | 6.95% | | 7/21/2027 | | | 785 | | | | 580,284 | |
Total Argentina | | | | | | | | | | | 1,256,097 | |
| | | | | | | | | | | | |
Austria 1.44% | | | | | | | | | | | | |
Auto Parts & Equipment 0.38% | | | | | | | | | | | | |
Iochpe-Maxion Austria GmbH / Maxion Wheels de Mexico S de RL de CV† | | 5.00% | | 5/7/2028 | | | 300 | | | | 300,131 | |
Food 1.06% | | | | | | | | | | | | |
JBS USA Food Co† | | 5.75% | | 1/15/2028 | | | 600 | | | | 631,128 | |
JBS USA Food Co† | | 7.00% | | 1/15/2026 | | | 200 | | | | 209,340 | |
| | | | | | | | | | | 840,468 | |
Total Austria | | | | | | | | | | | 1,140,599 | |
| | | | | | | | | | | | |
Brazil 7.62% | | | | | | | | | | | | |
Airlines 0.47% | | | | | | | | | | | | |
Azul Investments LLP† | | 5.875% | | 10/26/2024 | | | 400 | | | | 377,534 | |
Banks 0.30% | | | | | | | | | | | | |
Itau Unibanco Holding SA/Cayman Island† | 4.625% (5 Yr. Treasury CMT + 3.22%) | # | — | (a) | | 250 | | | | 239,320 | |
Chemicals 0.80% | | | | | | | | | | | | |
Braskem Netherlands Finance BV† | | 4.50% | | 1/31/2030 | | | 600 | | | | 639,150 | |
Commercial Services 0.73% | | | | | | | | | | | | |
Movida Europe SA† | | 5.25% | | 2/8/2031 | | | 400 | | | | 389,570 | |
StoneCo Ltd.† | | 3.95% | | 6/16/2028 | | | 200 | | | | 193,650 | |
| | | | | | | | | | | 583,220 | |
Diversified Financial Services 0.25% | | | | | | | | | | | | |
XP Inc† | | 3.25% | | 7/1/2026 | | | 200 | | | | 194,790 | |
16 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Brazil (continued) | | | | | | | | | | | | |
Electric 0.38% | | | | | | | | | | | | |
Light Servicos de Eletricidade SA/Light Energia SA† | | 4.375% | | 6/18/2026 | | $ | 300 | | | $ | 300,003 | |
Food 0.24% | | | | | | | | | | | | |
MARB BondCo PLC† | | 3.95% | | 1/29/2031 | | | 200 | | | | 191,304 | |
Forest Products & Paper 0.25% | | | | | | | | | | | | |
Suzano Austria GmbH | | 3.75% | | 1/15/2031 | | | 192 | | | | 197,472 | |
Internet 0.49% | | | | | | | | | | | | |
B2W Digital Lux Sarl† | | 4.375% | | 12/20/2030 | | | 400 | | | | 390,500 | |
Iron-Steel 1.21% | | | | | | | | | | | | |
CSN Inova Ventures† | | 6.75% | | 1/28/2028 | | | 200 | | | | 213,590 | |
GUSAP III LP† | | 4.25% | | 1/21/2030 | | | 700 | | | | 749,000 | |
| | | | | | | | | | | 962,590 | |
Mining 0.53% | | | | | | | | | | | | |
Nexa Resources SA† | | 5.375% | | 5/4/2027 | | | 400 | | | | 420,504 | |
Oil & Gas 1.35% | | | | | | | | | | | | |
MC Brazil Downstream Trading SARL† | | 7.25% | | 6/30/2031 | | | 411 | | | | 413,848 | |
Petrobras Global Finance BV | | 5.50% | | 6/10/2051 | | | 484 | | | | 451,209 | |
Petrobras Global Finance BV | | 5.60% | | 1/3/2031 | | | 190 | | | | 206,483 | |
| | | | | | | | | | | 1,071,540 | |
Transportation 0.62% | | | | | | | | | | | | |
Rumo Luxembourg Sarl† | | 4.20% | | 1/18/2032 | | | 300 | | | | 294,000 | |
Simpar Europe SA† | | 5.20% | | 1/26/2031 | | | 200 | | | | 199,840 | |
| | | | | | | | | | | 493,840 | |
Total Brazil | | | | | | | | | | | 6,061,767 | |
| | | | | | | | | | | | |
British Virgin Islands 0.60% | | | | | | | | | | | | |
Chemicals | | | | | | | | | | | | |
Tianqi Finco Co. Ltd. | | 3.75% | | 11/28/2022 | | | 500 | | | | 476,248 | |
| | | | | | | | | | | | |
Canada 0.09% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
MEG Energy Corp.† | | 5.875% | | 2/1/2029 | | | 73 | | | | 74,767 | |
| | | | | | | | | | | | |
Cayman Islands 1.52% | | | | | | | | | | | | |
Banks 1.24% | | | | | | | | | | | | |
Banco Mercantil del Norte SA† | 7.625% (10 Yr. Treasury CMT + 5.35%) | # | — | (a) | | 200 | | | | 223,325 | |
| See Notes to Schedule of Investments. | 17 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Cayman Islands (contined) | | | | | | | | | | | | |
Banks (contined) | | | | | | | | | | | | |
Banco Nacional de Comercio Exterior SNC† | 2.72% (5 Yr. Treasury CMT + 2.00%) | # | 8/11/2031 | | $ | 200 | | | $ | 201,250 | |
Fab Sukuk Co. Ltd. | | 2.50% | | 1/21/2025 | | | 300 | | | | 312,041 | |
Itau Unibanco Holding SA† | 4.50% (5 Yr. Treasury CMT + 2.82%) | # | 11/21/2029 | | | 250 | | | | 252,508 | |
| | | | | | | | | | | 989,124 | |
Real Estate 0.28% | | | | | | �� | | | | | | |
MAF Sukuk Ltd. | | 4.50% | | 11/3/2025 | | | 200 | | | | 221,000 | |
Total Cayman Islands | | | | | | | | | | | 1,210,124 | |
| | | | | | | | | | | | |
Chile 3.86% | | | | | | | | | | | | |
Banks 0.79% | | | | | | | | | | | | |
Banco de Credito e Inversiones SA† | | 3.50% | | 10/12/2027 | | | 200 | | | | 214,260 | |
Banco del Estado de Chile† | | 2.704% | | 1/9/2025 | | | 200 | | | | 207,550 | |
Banco Santander Chile† | | 2.70% | | 1/10/2025 | | | 200 | | | | 208,260 | |
| | | | | | | | | | | 630,070 | |
Chemicals 0.24% | | | | | | | | | | | | |
Sociedad Quimica y Minera de Chile SA† | | 3.50% | | 9/10/2051 | | | 200 | | | | 193,050 | |
Electric 0.58% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 250 | | | | 244,188 | |
Engie Energia Chile SA† | | 4.50% | | 1/29/2025 | | | 200 | | | | 217,737 | |
| | | | | | | | | | | 461,925 | |
Forest Products & Paper 0.50% | | | | | | | | | | | | |
Inversiones CMPC SA† | | 3.00% | | 4/6/2031 | | | 400 | | | | 397,560 | |
Media 0.27% | | | | | | | | | | | | |
VTR Finance NV† | | 6.375% | | 7/15/2028 | | | 200 | | | | 215,873 | |
Mining 0.72% | | | | | | | | | | | | |
Antofagasta plc† | | 2.375% | | 10/14/2030 | | | 200 | | | | 193,252 | |
Corp. Nacional del Cobre de Chile† | | 3.75% | | 1/15/2031 | | | 350 | | | | 377,072 | |
| | | | | | | | | | | 570,324 | |
Pipelines 0.26% | | | | | | | | | | | | |
GNL Quintero SA† | | 4.634% | | 7/31/2029 | | | 188 | | | | 204,007 | |
Telecommunications 0.50% | | | | | | | | | | | | |
Empresa Nacional de Telecomunicaciones SA† | | 3.05% | | 9/14/2032 | | | 400 | | | | 393,500 | |
Total Chile | | | | | | | | | | | 3,066,309 | |
| | | | | | | | | | | | |
China 3.84% | | | | | | | | | | | | |
Chemicals 0.52% | | | | | | | | | | | | |
Yingde Gases Investment Ltd.† | | 6.25% | | 1/19/2023 | | | 400 | | | | 411,999 | |
18 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
China (continued) | | | | | | | | | | | | |
Gas 0.51% | | | | | | | | | | | | |
ENN Clean Energy International Investment Ltd.† | | 3.375% | | 5/12/2026 | | $ | 400 | | | $ | 403,232 | |
Internet 1.62% | | | | | | | | | | | | |
21Vianet Group, Inc. | | 7.875% | | 10/15/2021 | | | 200 | | | | 200,000 | |
Baidu, Inc. | | 2.375% | | 10/9/2030 | | | 200 | | | | 196,365 | |
Meituan† | | 3.05% | | 10/28/2030 | | | 200 | | | | 185,643 | |
Meituan † | | 2.125% | | 10/28/2025 | | | 300 | | | | 291,452 | |
Weibo Corp. | | 3.50% | | 7/5/2024 | | | 400 | | | | 416,804 | |
| | | | | | | | | | | 1,290,264 | |
Investment Companies 1.19% | | | | | | | | | | | | |
Huarong Finance 2017 Co. Ltd. | 4.50% (5 Yr. Treasury CMT + 7.77%) | # | — | (a) | | 600 | | | | 579,000 | |
Huarong Finance 2017 Co. Ltd. | | 4.75% | | 4/27/2027 | | | 200 | | | | 189,000 | |
Huarong Finance 2019 Co. Ltd. | | 3.875% | | 11/13/2029 | | | 200 | | | | 177,000 | |
| | | | | | | | | | | 945,000 | |
Total China | | | | | | | | | | | 3,050,495 | |
| | | | | | | | | | | | |
Colombia 4.53% | | | | | | | | | | | | |
Banks 0.81% | | | | | | | | | | | | |
Banco de Bogota SA† | | 6.25% | | 5/12/2026 | | | 400 | | | | 436,000 | |
Bancolombia SA | 4.625% (5 Yr. Treasury CMT + 2.94%) | # | 12/18/2029 | | | 200 | | | | 202,847 | |
| | | | | | | | | | | 638,847 | |
Diversified Financial Services 0.27% | | | | | | | | | | | | |
SURA Asset Management SA† | | 4.375% | | 4/11/2027 | | | 200 | | | | 216,252 | |
Oil & Gas 2.13% | | | | | | | | | | | | |
Ecopetrol SA | | 4.125% | | 1/16/2025 | | | 235 | | | | 244,915 | |
Ecopetrol SA | | 5.875% | | 5/28/2045 | | | 485 | | | | 490,589 | |
Ecopetrol SA | | 6.875% | | 4/29/2030 | | | 315 | | | | 369,101 | |
Geopark Ltd.† | | 5.50% | | 1/17/2027 | | | 400 | | | | 394,640 | |
SierraCol Energy Andina LLC† | | 6.00% | | 6/15/2028 | | | 200 | | | | 195,813 | |
| | | | | | | | | | | 1,695,058 | |
Pipelines 0.57% | | | | | | | | | | | | |
AI Candelaria Spain SLU† | | 5.75% | | 6/15/2033 | | | 250 | | | | 248,874 | |
Oleoducto Central SA† | | 4.00% | | 7/14/2027 | | | 200 | | | | 206,250 | |
| | | | | | | | | | | 455,124 | |
Telecommunications 0.75% | | | | | | | | | | | | |
Millicom International Cellular S.A.† | | 4.50% | | 4/27/2031 | | | 566 | | | | 592,775 | |
Total Colombia | | | | | | | | | | | 3,598,056 | |
| See Notes to Schedule of Investments. | 19 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Germany 0.26% | | | | | | | | | | | | |
Transportation | | | | | | | | | | | | |
Georgian Railway JSC† | | 4.00% | | 6/17/2028 | | $ | 200 | | | $ | 203,900 | |
| | | | | | | | | | | | |
Ghana 0.89% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Kosmos Energy Ltd† | | 7.50% | | 3/1/2028 | | | 514 | | | | 499,808 | |
Tullow Oil PLC† | | 10.25% | | 5/15/2026 | | | 200 | | | | 209,102 | |
Total Ghana | | | | | | | | | | | 708,910 | |
| | | | | | | | | | | | |
Guatemala 0.27% | | | | | | | | | | | | |
Energy-Alternate Sources | | | | | | | | | | | | |
Investment Energy Resources Ltd.† | | 6.25% | | 4/26/2029 | | | 200 | | | | 216,250 | |
| | | | | | | | | | | | |
Hong Kong 1.72% | | | | | | | | | | | | |
Banks 0.91% | | | | | | | | | | | | |
Bangkok Bank PCL/Hong Kong† | 3.466% (5 Yr. Treasury CMT + 2.15%) | # | 9/23/2036 | | | 300 | | | | 297,492 | |
Bank of China Hong Kong Ltd.† | 5.90% (5 Yr. Treasury CMT + 3.03%) | # | — | (a) | | 400 | | | | 428,970 | |
| | | | | | | | | | | 726,462 | |
Holding Companies-Diversified 0.28% | | | | | | | | | | | | |
CK Hutchison International 17 Ltd.† | | 3.50% | | 4/5/2027 | | | 200 | | | | 218,174 | |
Real Estate 0.27% | | | | | | | | | | | | |
Swire Properties MTN Financing Ltd. | | 3.625% | | 1/13/2026 | | | 200 | | | | 216,389 | |
Telecommunications 0.26% | | | | | | | | | | | | |
Xiaomi Best Time International Ltd.† | | 4.10% | | 7/14/2051 | | | 200 | | | | 203,839 | |
Total Hong Kong | | | | | | | | | | | 1,364,864 | |
| | | | | | | | | | | | |
India 6.06% | | | | | | | | | | | | |
Banks 0.37% | | | | | | | | | | | | |
Axis Bank Ltd/Gift City† | 4.10% (5 Yr. Treasury CMT + 3.31%) | # | — | (a) | | 300 | | | | 297,464 | |
Commercial Services 0.39% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 5.00% | | 8/2/2041 | | | 300 | | | | 312,010 | |
Computers 0.38% | | | | | | | | | | | | |
Wipro IT Services LLC† | | 1.50% | | 6/23/2026 | | | 300 | | | | 298,774 | |
Diversified Financial Services 0.52% | | | | | | | | | | | | |
Power Finance Corp. Ltd.† | | 3.95% | | 4/23/2030 | | | 400 | | | | 409,550 | |
Electric 1.69% | | | | | | | | | | | | |
Adani Transmission Ltd.† | | 4.00% | | 8/3/2026 | | | 600 | | | | 636,584 | |
Greenko Investment Co.† | | 4.875% | | 8/16/2023 | | | 200 | | | | 201,731 | |
20 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
India (continued) | | | | | | | | | | | | |
Electric (continued) | | | | | | | | | | | | |
JSW Hydro Energy Ltd.† | | 4.125% | | 5/18/2031 | | $ | 200 | | | $ | 198,908 | |
ReNew Wind Energy AP2 / ReNew Power Pvt Ltd. other 9 Subsidiaries† | | 4.50% | | 7/14/2028 | | | 300 | | | | 306,697 | |
| | | | | | | | | | | 1,343,920 | |
Energy-Alternate Sources 0.38% | | | | | | | | | | | | |
Azure Power Energy Ltd.† | | 3.575% | | 8/19/2026 | | | 300 | | | | 304,499 | |
Engineering & Construction 0.85% | | | | | | | | | | | | |
GMR Hyderabad International Airport Ltd.† | | 4.25% | | 10/27/2027 | | | 400 | | | | 384,403 | |
Summit Digitel Infrastructure Pvt Ltd.† | | 2.875% | | 8/12/2031 | | | 300 | | | | 288,605 | |
| | | | | | | | | | | 673,008 | |
Iron-Steel 0.78% | | | | | | | | | | | | |
JSW Steel Ltd.† | | 5.05% | | 4/5/2032 | | | 200 | | | | 199,311 | |
JSW Steel Ltd. | | 5.375% | | 4/4/2025 | | | 400 | | | | 421,067 | |
| | | | | | | | | | | 620,378 | |
Mining 0.70% | | | | | | | | | | | | |
Vedanta Resources Ltd.† | | 6.125% | | 8/9/2024 | | | 400 | | | | 359,684 | |
Vedanta Resources Ltd.† | | 6.375% | | 7/30/2022 | | | 200 | | | | 199,750 | |
| | | | | | | | | | | 559,434 | |
Total India | | | | | | | | | | | 4,819,037 | |
| | | | | | | | | | | | |
Indonesia 2.26% | | | | | | | | | | | | |
Coal 0.33% | | | | | | | | | | | | |
Indika Energy Capital IV Pte Ltd. | | 8.25% | | 10/22/2025 | | | 250 | | | | 260,354 | |
Electric 1.68% | | | | | | | | | | | | |
Cikarang Listrindo Tbk PT† | | 4.95% | | 9/14/2026 | | | 400 | | | | 408,278 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 3.00% | | 6/30/2030 | | | 700 | | | | 699,825 | |
Star Energy Geothermal Darajat II / Star Energy Geothermal Salak† | | 4.85% | | 10/14/2038 | | | 200 | | | | 223,750 | |
| | | | | | | | | | | 1,331,853 | |
Oil & Gas 0.25% | | | | | | | | | | | | |
Medco Bell Pte Ltd† | | 6.375% | | 1/30/2027 | | | 200 | | | | 202,004 | |
Total Indonesia | | | | | | | | | | | 1,794,211 | |
| | | | | | | | | | | | |
Ireland 0.39% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Alfa Bank AO Via Alfa Bond Issuance plc† | 5.50% (5 Yr. Treasury CMT + 4.55%) | # | 10/26/2031 | | | 300 | | | | 307,208 | |
| See Notes to Schedule of Investments. | 21 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Israel 2.59% | | | | | | | | | | | | |
Banks 0.26% | | | | | | | | | | | | |
Bank Leumi Le-Israel BM† | 3.275% (5 Yr. Treasury CMT + 1.63%) | # | 1/29/2031 | | $ | 200 | | | $ | 205,250 | |
Electric 0.35% | | | | | | | | | | | | |
Israel Electric Corp. Ltd.† | | 4.25% | | 8/14/2028 | | | 250 | | | | 280,844 | |
Pharmaceuticals 1.98% | | | | | | | | | | | | |
Teva Pharmaceutical Finance Netherlands III BV | | 2.80% | | 7/21/2023 | | | 314 | | | | 312,521 | |
Teva Pharmaceutical Finance Netherlands III BV | | 3.15% | | 10/1/2026 | | | 779 | | | | 746,866 | |
Teva Pharmaceutical Finance Netherlands III BV | | 4.10% | | 10/1/2046 | | | 292 | | | | 252,254 | |
Teva Pharmaceutical Finance Netherlands III BV | | 6.00% | | 4/15/2024 | | | 250 | | | | 263,438 | |
| | | | | | | | | | | 1,575,079 | |
Total Israel | | | | | | | | | | | 2,061,173 | |
| | | | | | | | | | | | |
Jamaica 0.56% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Digicel Group Holdings Ltd | | 10.00% | | 4/1/2024 | | | 257 | | | | 244,709 | |
Digicel International Finance Ltd/Digicel international Holdings Ltd | | 8.75% | | 5/25/2024 | | | 192 | | | | 199,010 | |
Total Jamaica | | | | | | | | | | | 443,719 | |
| | | | | | | | | | | | |
Kazakhstan 0.51% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 400 | | | | 406,344 | |
| | | | | | | | | | | | |
Kuwait 1.65% | | | | | | | | | | | | |
Banks 1.14% | | | | | | | | | | | | |
NBK SPC Ltd.† | 1.625% ((SOFR + 1.05%)) | # | 9/15/2027 | | | 400 | | | | 395,600 | |
NBK SPC Ltd.† | | 2.75% | | 5/30/2022 | | | 200 | | | | 202,746 | |
NBK Tier 1 Financing 2 Ltd.† | | 4.50% (6 Yr. Swap rate + 2.83%) | # | — | (a) | | 300 | | | | 310,483 | |
| | | | | | | | | | | 908,829 | |
Chemicals 0.51% | | | | | | | | | | | | |
Equate Petrochemical BV† | | 2.625% | | 4/28/2028 | | | 400 | | | | 403,249 | |
Total Kuwait | | | | | | | | | | | 1,312,078 | |
| | | | | | | | | | | | |
Luxembourg 2.68% | | | | | | | | | | | | |
Agriculture 0.77% | | | | | | | | | | | | |
MHP Lux SA† | | 6.25% | | 9/19/2029 | | | 600 | | | | 615,540 | |
22 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Luxembourg (continued) | | | | | | | | | | | | |
Banks 0.85% | | | | | | | | | | | | |
Sberbank of Russia Via SB Capital SA† | | 5.25% | | 5/23/2023 | | $ | 450 | | | $ | 474,729 | |
Sberbank of Russia Via SB Capital SA† | | 6.125% | | 2/7/2022 | | | 200 | | | | 203,853 | |
| | | | | | | | | | | 678,582 | |
Food 0.27% | | | | | | | | | | | | |
Minerva Luxembourg SA† | | 5.875% | | 1/19/2028 | | | 200 | | | | 214,240 | |
Telecommunications 0.28% | | | | | | | | | | | | |
Altice France Holding SA† | | 10.50% | | 5/15/2027 | | | 200 | | | | 218,970 | |
Transportation 0.25% | | | | | | | | | | | | |
Hidrovias International Finance SARL† | | 4.95% | | 2/8/2031 | | | 200 | | | | 197,819 | |
Water 0.26% | | | | | | | | | | | | |
Aegea Finance Sarl† | | 5.75% | | 10/10/2024 | | | 200 | | | | 205,250 | |
Total Luxembourg | | | | | | | | | | | 2,130,401 | |
| | | | | | | | | | | | |
Macau 1.22% | | | | | | | | | | | | |
Lodging | | | | | | | | | | | | |
MGM China Holdings Ltd.† | | 4.75% | | 2/1/2027 | | | 200 | | | | 197,000 | |
Sands China Ltd. | | 3.80% | | 1/8/2026 | | | 335 | | | | 345,703 | |
Wynn Macau Ltd.† | | 5.625% | | 8/26/2028 | | | 450 | | | | 429,047 | |
Total Macau | | | | | | | | | | | 971,750 | |
| | | | | | | | | | | | |
Malaysia 0.84% | | | | | | | | | | | | |
Chemicals 0.59% | | | | | | | | | | | | |
OCP SA† | | 3.75% | | 6/23/2031 | | | 468 | | | | 467,746 | |
Oil & Gas 0.25% | | | | | | | | | | | | |
Petronas Capital Ltd.† | | 3.404% | | 4/28/2061 | | | 200 | | | | 201,971 | |
Total Malaysia | | | | | | | | | | | 669,717 | |
| | | | | | | | | | | | |
Mexico 5.89% | | | | | | | | | | | | |
Auto Parts & Equipment 0.50% | | | | | | | | | | | | |
Nemak SAB de CV† | | 3.625% | | 6/28/2031 | | | 400 | | | | 396,000 | |
Banks 0.97% | | | | | | | | | | | | |
BBVA Bancomer SA† | 5.125% (5 Yr. Treasury CMT + 2.65%) | # | 1/18/2033 | | | 450 | | | | 469,753 | |
BBVA Bancomer SA/Texas† | | 1.875% | | 9/18/2025 | | | 300 | | | | 302,010 | |
| | | | | | | | | | | 771,763 | |
Building Materials 1.01% | | | | | | | | | | | | |
Cemex SAB de CV† | | 3.875% | | 7/11/2031 | | | 600 | | | | 601,110 | |
Cemex SAB de CV† | 5.125% (5 Yr. Treasury CMT + 4.53%) | # | — | (a) | | 200 | | | | 203,952 | |
| | | | | | | | | | | 805,062 | |
| See Notes to Schedule of Investments. | 23 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Mexico (continued) | | | | | | | | | | | | |
Chemicals 0.52% | | | | | | | | | | | | |
Braskem Idesa SAPI† | | 7.45% | | 11/15/2029 | | $ | 200 | | | $ | 212,371 | |
Orbia Advance Corp. SAB de CV† | | 1.875% | | 5/11/2026 | | | 200 | | | | 200,578 | |
| | | | | | | | | | | 412,949 | |
Food 0.26% | | | | | | | | | | | | |
Grupo KUO SAB De CV† | | 5.75% | | 7/7/2027 | | | 200 | | | | 206,750 | |
Mining 0.54% | | | | | | | | | | | | |
Fresnillo PLC† | | 4.25% | | 10/2/2050 | | | 200 | | | | 207,614 | |
Minera Mexico SA de CV† | | 4.50% | | 1/26/2050 | | | 200 | | | | 221,750 | |
| | | | | | | | | | | 429,364 | |
Oil & Gas 0.91% | | | | | | | | | | | | |
Petroleos Mexicanos | | 5.35% | | 2/12/2028 | | | 590 | | | | 582,436 | |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 165 | | | | 144,160 | |
| | | | | | | | | | | 726,596 | |
Real Estate 0.51% | | | | | | | | | | | | |
Corp. Inmobiliaria Vesta SAB de CV† | | 3.625% | | 5/13/2031 | | | 400 | | | | 406,100 | |
REITS 0.67% | | | | | | | | | | | | |
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332† | | 4.375% | | 7/22/2031 | | | 300 | | | | 291,675 | |
Trust Fibra Uno† | | 6.39% | | 1/15/2050 | | | 200 | | | | 237,127 | |
| | | | | | | | | | | 528,802 | |
Total Mexico | | | | | | | | | | | 4,683,386 | |
| | | | | | | | | | | | |
Netherlands 1.43% | | | | | | | | | | | | |
Electric 0.52% | | | | | | | | | | | | |
Minejesa Capital BV† | | 4.625% | | 8/10/2030 | | | 400 | | | | 415,344 | |
Energy-Alternate Sources 0.25% | | | | | | | | | | | | |
Greenko Dutch BV† | | 3.85% | | 3/29/2026 | | | 197 | | | | 200,664 | |
Media 0.31% | | | | | | | | | | | | |
Summer BidCo BV PIK†(b) | | 9.00% | | 11/15/2025 | | EUR | 210 | | | | 249,091 | |
Transportation 0.35% | | | | | | | | | | | | |
Kazakhstan Temir Zholy Finance BV† | | 6.95% | | 7/10/2042 | | $ | 200 | | | | 275,276 | |
Total Netherlands | | | | | | | | | | | 1,140,375 | |
| | | | | | | | | | | | |
Oman 0.89% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
OQ SAOC† | | 5.125% | | 5/6/2028 | | | 700 | | | | 709,664 | |
| | | | | | | | | | | | |
Pakistan 0.25% | | | | | | | | | | | | |
Sovereign | | | | | | | | | | | | |
Third Pakistan International Sukuk Co. Ltd. (The) | | 5.50% | | 10/13/2021 | | | 200 | | | | 200,062 | |
24 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Panama 1.76% | | | | | | | | | | | | |
Banks 0.97% | | | | | | | | | | | | |
Global Bank Corp.† | | 5.25% (3 Mo. LIBOR + 3.30%) | # | 4/16/2029 | | $ | 540 | | | $ | 570,375 | |
Multibank Inc† | | 4.375% | | 11/9/2022 | | | 200 | | | | 203,552 | |
| | | | | | | | | | | 773,927 | |
Electric 0.26% | | | | | | | | | | | | |
AES Panama Generation Holdings SRL† | | 4.375% | | 5/31/2030 | | | 200 | | | | 206,450 | |
Engineering & Construction 0.26% | | | | | | | | | | | | |
Aeropuerto Internacional de Tocumen SA† | | 5.125% | | 8/11/2061 | | | 200 | | | | 210,133 | |
Media 0.27% | | | | | | | | | | | | |
Cable Onda SA† | | 4.50% | | 1/30/2030 | | | 200 | | | | 210,168 | |
Total Panama | | | | | | | | | | | 1,400,678 | |
| | | | | | | | | | | | |
Paraguay 0.78% | | | | | | | | | | | | |
Banks 0.25% | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | | 200 | | | | 198,752 | |
Telecommunications 0.53% | | | | | | | | | | | | |
Telefonica Celular del Paraguay SA† | | 5.875% | | 4/15/2027 | | | 400 | | | | 419,500 | |
Total Paraguay | | | | | | | | | | | 618,252 | |
| | | | | | | | | | | | |
Peru 2.93% | | | | | | | | | | | | |
Banks 0.89% | | | | | | | | | | | | |
Banco BBVA Peru SA | | 5.00% | | 8/26/2022 | | | 200 | | | | 207,350 | |
Banco de Credito del Peru† | | 3.25% (5 Yr. Treasury CMT + 2.45%) | # | 9/30/2031 | | | 300 | | | | 294,078 | |
Banco Internacional del Peru SAA Interbank† | | 3.25% | | 10/4/2026 | | | 200 | | | | 205,200 | |
| | | | | | | | | | | 706,628 | |
Diversified Financial Services 0.25% | | | | | | | | | | | | |
Intercorp Peru Ltd.† | | 3.875% | | 8/15/2029 | | | 200 | | | | 195,486 | |
Gas 0.52% | | | | | | | | | | | | |
Gas Natural de Lima y Callao SA† | | 4.375% | | 4/1/2023 | | | 400 | | | | 415,432 | |
Oil & Gas 0.25% | | | | | | | | | | | | |
Hunt Oil Co. of Peru LLC Sucursal Del Peru† | | 6.375% | | 6/1/2028 | | | 200 | | | | 201,136 | |
Packaging & Containers 0.50% | | | | | | | | | | | | |
SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA† | | 3.50% | | 8/2/2028 | | | 400 | | | | 396,048 | |
Pipelines 0.27% | | | | | | | | | | | | |
Transportadora de Gas del Peru SA† | | 4.25% | | 4/30/2028 | | | 200 | | | | 217,198 | |
Retail 0.25% | | | | | | | | | | | | |
InRetail Consumer† | | 3.25% | | 3/22/2028 | | | 200 | | | | 200,750 | |
Total Peru | | | | | | | | | | | 2,332,678 | |
| See Notes to Schedule of Investments. | 25 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Philippines 0.26% | | | | | | | | | | | | |
Holding Companies-Diversified | | | | | | | | | | | | |
San Miguel Corp. | 5.50% (5 Yr. Treasury CMT + 10.23%) | # | — | (a) | $ | 200 | | | $ | 208,890 | |
| | | | | | | | | | | | |
Poland 0.27% | | | | | | | | | | | | |
Packaging & Containers | | | | | | | | | | | | |
CANPACK SA / Eastern PA Land Investment Holding LLC† | | 3.125% | | 11/1/2025 | | | 214 | | | | 217,856 | |
| | | | | | | | | | | | |
Qatar 3.19% | | | | | | | | | | | | |
Banks 1.30% | | | | | | | | | | | | |
QIB Sukuk Ltd. | | 1.95% | | 10/27/2025 | | | 300 | | | | 303,881 | |
QNB Finance Ltd. | | 2.625% | | 5/12/2025 | | | 400 | | | | 417,008 | |
QNB Finance Ltd. | | 2.75% | | 2/12/2027 | | | 300 | | | | 314,690 | |
| | | | | | | | | | | 1,035,579 | |
Gas 0.22% | | | | | | | | | | | | |
Nakilat, Inc.† | | 6.267% | | 12/31/2033 | | | 140 | | | | 175,354 | |
Oil & Gas 0.64% | | | | | | | | | | | | |
Qatar Petroleum† | | 3.30% | | 7/12/2051 | | | 500 | | | | 506,010 | |
Telecommunications 1.03% | | | | | | | | | | | | |
Ooredoo International Finance Ltd.† | | 2.625% | | 4/8/2031 | | | 400 | | | | 408,388 | |
Ooredoo International Finance Ltd.† | | 3.25% | | 2/21/2023 | | | 400 | | | | 413,564 | |
| | | | | | | | | | | 821,952 | |
Total Qatar | | | | | | | | | | | 2,538,895 | |
| | | | | | | | | | | | |
Russia 1.89% | | | | | | | | | | | | |
Chemicals 0.41% | | | | | | | | | | | | |
Phosagro OAO Via Phosagro Bond Funding DAC† | | 2.60% | | 9/16/2028 | | | 330 | | | | 329,759 | |
Oil & Gas 1.48% | | | | | | | | | | | | |
Gazprom PJSC via Gaz Finance PLC | | 2.95% | | 1/27/2029 | | | 979 | | | | 962,214 | |
Lukoil Securities BV† | | 3.875% | | 5/6/2030 | | | 200 | | | | 210,510 | |
| | | | | | | | | | | 1,172,724 | |
Total Russia | | | | | | | | | | | 1,502,483 | |
| | | | | | | | | | | | |
Saudi Arabia 0.84% | | | | | | | | | | | | |
Chemicals 0.27% | | | | | | | | | | | | |
SABIC Capital II BV† | | 4.00% | | 10/10/2023 | | | 200 | | | | 212,815 | |
Oil & Gas 0.57% | | | | | | | | | | | | |
SA Global Sukuk Ltd.† | | 2.694% | | 6/17/2031 | | | 450 | | | | 454,688 | |
Total Saudi Arabia | | | | | | | | | | | 667,503 | |
26 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Singapore 2.33% | | | | | | | | | | | | |
Banks 1.76% | | | | | | | | | | | | |
DBS Group Holdings Ltd. | | 1.822% (5 Yr. Treasury CMT + 1.10%) | # | 3/10/2031 | | $ | 600 | | | $ | 597,609 | |
United Overseas Bank Ltd.† | | 2.00% (5 Yr. Treasury CMT + 1.23%) | # | 10/14/2031 | | | 800 | | | | 800,448 | |
| | | | | | | | | | | 1,398,057 | |
Diversified Financial Services 0.26% | | | | | | | | | | | | |
BOC Aviation Ltd.† | | 3.00% | | 9/11/2029 | | | 200 | | | | 203,544 | |
Investment Companies 0.31% | | | | | | | | | | | | |
Temasek Financial I Ltd.† | | 2.75% | | 8/2/2061 | | | 250 | | | | 248,991 | |
Total Singapore | | | | | | | | | | | 1,850,592 | |
| | | | | | | | | | | | |
South Africa 3.53% | | | | | | | | | | | | |
Chemicals 0.58% | | | | | | | | | | | | |
Sasol Financing USA LLC | | 5.50% | | 3/18/2031 | | | 450 | | | | 461,475 | |
Commercial Services 0.38% | | | | | | | | | | | | |
Bidvest Group UK PLC/The† | | 3.625% | | 9/23/2026 | | | 300 | | | | 300,375 | |
Electric 1.47% | | | | | | | | | | | | |
Acwa Power Management And Investments One Ltd.† | | 5.95% | | 12/15/2039 | | | 200 | | | | 241,741 | |
Eskom Holdings SOC Ltd.† | | 6.75% | | 8/6/2023 | | | 400 | | | | 413,848 | |
Saudi Electricity Global Sukuk Co. 3† | | 5.50% | | 4/8/2044 | | | 400 | | | | 516,458 | |
| | | | | | | | | | | 1,172,047 | |
Oil & Gas 1.10% | | | | | | | | | | | | |
Saudi Arabian Oil Co.† | | 1.625% | | 11/24/2025 | | | 200 | | | | 200,300 | |
Saudi Arabian Oil Co. | | 3.50% | | 4/16/2029 | | | 200 | | | | 215,562 | |
Saudi Arabian Oil Co.† | | 4.375% | | 4/16/2049 | | | 400 | | | | 455,356 | |
| | | | | | | | | | | 871,218 | |
Total South Africa | | | | | | | | | | | 2,805,115 | |
| | | | | | | | | | | | |
South Korea 3.33% | | | | | | | | | | | | |
Banks 1.08% | | | | | | | | | | | | |
KEB Hana Bank† | | 4.375% | | 9/30/2024 | | | 200 | | | | 218,520 | |
Kookmin Bank† | | 1.75% | | 5/4/2025 | | | 200 | | | | 203,122 | |
Woori Bank† | | 4.75% | | 4/30/2024 | | | 400 | | | | 436,436 | |
| | | | | | | | | | | 858,078 | |
Chemicals 0.99% | | | | | | | | | | | | |
LG Chem Ltd.† | | 2.375% | | 7/7/2031 | | | 800 | | | | 788,706 | |
Iron-Steel 0.26% | | | | | | | | | | | | |
POSCO† | | 2.50% | | 1/17/2025 | | | 200 | | | | 206,855 | |
| See Notes to Schedule of Investments. | 27 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
South Korea (continued) | | | | | | | | | | | | |
Semiconductors 1.00% | | | | | | | | | | | | |
SK Hynix, Inc.† | | 1.50% | | 1/19/2026 | | $ | 800 | | | $ | 790,027 | |
Total South Korea | | | | | | | | | | | 2,643,666 | |
| | | | | | | | | | | | |
Supranational 0.45% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank (The)† | | 2.634% | | 5/17/2026 | | | 350 | | | | 358,532 | |
| | | | | | | | | | | | |
Taiwan 0.25% | | | | | | | | | | | | |
Semiconductors | | | | | | | | | | | | |
TSMC Global Ltd.† | | 1.75% | | 4/23/2028 | | | 200 | | | | 197,623 | |
| | | | | | | | | | | | |
Thailand 2.17% | | | | | | | | | | | | |
Banks 0.65% | | | | | | | | | | | | |
Bangkok Bank pcl† | 5.00% (5 Yr. Treasury CMT + 4.73%) | # | — | (a) | | 500 | | | | 520,625 | |
Chemicals 0.51% | | | | | | | | | | | | |
GC Treasury Center Co Ltd† | | 2.98% | | 3/18/2031 | | | 400 | | | | 406,228 | |
Oil & Gas 1.01% | | | | | | | | | | | | |
PTTEP Treasury Center Co. Ltd.† | | 2.993% | | 1/15/2030 | | | 250 | | | | 260,398 | |
Thaioil Treasury Center Co. Ltd.† | | 2.50% | | 6/18/2030 | | | 200 | | | | 189,404 | |
Thaioil Treasury Center Co. Ltd.† | | 3.50% | | 10/17/2049 | | | 400 | | | | 351,520 | |
| | | | | | | | | | | 801,322 | |
Total Thailand | | | | | | | | | | | 1,728,175 | |
| | | | | | | | | | | | |
Turkey 4.39% | | | | | | | | | | | | |
Banks 2.29% | | | | | | | | | | | | |
QNB Finansbank AS† | | 6.875% | | 9/7/2024 | | | 400 | | | | 433,090 | |
Turkiye Garanti Bankasi AS† | | 5.875% | | 3/16/2023 | | | 700 | | | | 727,465 | |
Turkiye Sinai Kalkinma Bankasi AS† | | 5.875% | | 1/14/2026 | | | 200 | | | | 200,106 | |
Turkiye Vakiflar Bankasi TAO† | | 6.00% | | 11/1/2022 | | | 450 | | | | 460,125 | |
| | | | | | | | | | | 1,820,786 | |
Commercial Services 0.25% | | | | | | | | | | | | |
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS† | | 9.50% | | 7/10/2036 | | | 200 | | | | 203,667 | |
Food 0.80% | | | | | | | | | | | | |
Ulker Biskuvi Sanayi AS† | | 6.95% | | 10/30/2025 | | | 600 | | | | 637,839 | |
Holding Companies-Diversified 0.52% | | | | | | | | | | | | |
KOC Holding AS† | | 5.25% | | 3/15/2023 | | | 400 | | | | 411,180 | |
Housewares 0.28% | | | | | | | | | | | | |
Turkiye Sise ve Cam Fabrikalari AS† | | 6.95% | | 3/14/2026 | | | 200 | | | | 219,972 | |
Oil & Gas 0.25% | | | | | | | | | | | | |
Turkiye Petrol Rafinerileri AS† | | 4.50% | | 10/18/2024 | | | 200 | | | | 199,810 | |
Total Turkey | | | | | | | | | | | 3,493,254 | |
28 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Ukraine 0.27% | | | | | | | | | | | | |
Agriculture | | | | | | | | | | | | |
MHP Lux SA† | | 6.95% | | 4/3/2026 | | $ | 200 | | | $ | 213,299 | |
| | | | | | | | | | | | |
United Arab Emirates 4.83% | | | | | | | | | | | | |
Banks 0.53% | | | | | | | | | | | | |
ADCB Finance Cayman Ltd.† | | 4.00% | | 3/29/2023 | | | 200 | | | | 209,665 | |
First Abu Dhabi Bank PJSC | 4.50% (5 Yr. Treasury CMT + 4.13%) | # | — | (a) | | 200 | | | | 211,558 | |
| | | | | | | | | | | 421,223 | |
Commercial Services 0.78% | | | | | | | | | | | | |
DP World Ltd/United Arab Emirates† | | 4.70% | | 9/30/2049 | | | 200 | | | | 219,863 | |
DP World Ltd/United Arab Emirates† | | 6.85% | | 7/2/2037 | | | 300 | | | | 402,000 | |
| | | | | | | | | | | 621,863 | |
Electric 1.34% | | | | | | | | | | | | |
Abu Dhabi National Energy Co. PJSC† | | 2.00% | | 4/29/2028 | | | 600 | | | | 604,425 | |
Abu Dhabi National Energy Co. PJSC† | | 4.00% | | 10/3/2049 | | | 200 | | | | 229,735 | |
Emirates Semb Corp. Water & Power Co. PJSC† | | 4.45% | | 8/1/2035 | | | 200 | | | | 230,656 | |
| | | | | | | | | | | 1,064,816 | |
Investment Companies 0.28% | | | | | | | | | | | | |
MDGH - GMTN BV† | | 3.70% | | 11/7/2049 | | | 200 | | | | 218,734 | |
Pipelines 0.85% | | | | | | | | | | | | |
Abu Dhabi Crude Oil Pipeline LLC† | | 4.60% | | 11/2/2047 | | | 400 | | | | 473,463 | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 200 | | | | 202,054 | |
| | | | | | | | | | | 675,517 | |
Real Estate 0.26% | | | | | | | | | | | | |
MAF Global Securities Ltd. | | 5.50% (5 Yr. Swap rate + 3.48%) | # | — | (a) | | 200 | | | | 203,691 | |
Telecommunications 0.79% | | | | | | | | | | | | |
Emirates Telecommunications Group Co. PJSC | | 3.50% | | 6/18/2024 | | | 200 | | | | 214,898 | |
VF Ukraine PAT via VFU Funding PLC† | | 6.20% | | 2/11/2025 | | | 400 | | | | 415,632 | |
| | | | | | | | | | | 630,530 | |
Total United Arab Emirates | | | | | | | | | | | 3,836,374 | |
| | | | | | | | | | | | |
United Kingdom 1.45% | | | | | | | | | | | | |
Mining 0.43% | | | | | | | | | | | | |
AngloGold Ashanti Holdings PLC | | 6.50% | | 4/15/2040 | | | 274 | | | | 341,560 | |
Oil & Gas 0.26% | | | | | | | | | | | | |
Gazprom PJSC via Gaz Finance PLC† | | 4.599% (5 Yr. Treasury CMT + 4.26%) | # | 10/26/2025 | (a) | | 200 | | | | 208,764 | |
| See Notes to Schedule of Investments. | 29 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United Kingdom (continued) | | | | | | | | | | | | |
Retail 0.76% | | | | | | | | | | | | |
CK Hutchison International 21 Ltd. | | 2.50% | | 4/15/2031 | | $ | 600 | | | $ | 603,101 | |
Total United Kingdom | | | | | | | | | | | 1,153,425 | |
| | | | | | | | | | | | |
United States 0.59% | | | | | | | | | | | | |
Electric 0.24% | | | | | | | | | | | | |
Terraform Global Operating LLC† | | 6.125% | | 3/1/2026 | | | 180 | | | | 185,793 | |
Oil & Gas 0.35% | | | | | | | | | | | | |
Callon Petroleum Co. | | 6.375% | | 7/1/2026 | | | 166 | | | | 159,085 | |
Callon Petroleum Co.† | | 8.00% | | 8/1/2028 | | | 46 | | | | 45,499 | |
Range Resources Corp.† | | 8.25% | | 1/15/2029 | | | 66 | | | | 74,336 | |
| | | | | | | | | | | 278,920 | |
Total United States | | | | | | | | | | | 464,713 | |
| | | | | | | | | | | | |
Uruguay 0.26% | | | | | | | | | | | | |
Retail | | | | | | | | | | | | |
Arcos Dorados Holdings, Inc.† | | 5.875% | | 4/4/2027 | | | 200 | | | | 208,252 | |
| | | | | | | | | | | | |
Vietnam 0.67% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
Mong Duong Finance Holdings BV† | | 5.125% | | 5/7/2029 | | | 536 | | | | 535,038 | |
| | | | | | | | | | | | |
Zambia 0.28% | | | | | | | | | | | | |
Mining | | | | | | | | | | | | |
First Quantum Minerals Ltd.† | | 7.50% | | 4/1/2025 | | | 220 | | | | 225,958 | |
Total Corporate Bonds (cost $72,116,559) | | | | | | | | | | | 73,278,762 | |
| | | | | | | | | | | | |
FLOATING RATE LOANS(c) 0.68% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Computer Software 0.48% | | | | | | | | | | | | |
Grab Holdings Inc Term Loan B | | 5.50% (6 Mo. LIBOR + 4.50%) | | 1/29/2026 | | | 379 | | | | 384,290 | |
| | | | | | | | | | | | |
Electric: Generation 0.08% | | | | | | | | | | | | |
Peabody Energy Corporation 2018 Term Loan | | — | (d) | 3/31/2025 | | | 77 | | | | 62,819 | |
| | | | | | | | | | | | |
Other 0.12% | | | | | | | | | | | | |
Jindal Steel and Power Limited Term Loan | | 3.082% (3 Mo. LIBOR + 2.95%) | | 3/31/2022 | | | 93 | | | | 91,130 | |
Total Floating Rate Loans (cost $516,087) | | | | | | | | | | | 538,239 | |
| | | | | | | | | | | | |
FOREIGN GOVERNMENT OBLIGATIONS 2.35% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Bahamas 0.49% | | | | | | | | | | | | |
Kingdom of Bahrain† | | 5.45% | | 9/16/2032 | | | 400 | | | | 389,240 | |
30 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Chile 0.25% | | | | | | | | | | | | |
Chile Government International Bond | | 2.45% | | 1/31/2031 | | $ | 200 | | | $ | 198,486 | |
| | | | | | | | | | | | |
Costa Rica 0.25% | | | | | | | | | | | | |
Costa Rica Government† | | 4.375% | | 4/30/2025 | | | 200 | | | | 203,652 | |
| | | | | | | | | | | | |
Ghana 0.24% | | | | | | | | | | | | |
Republic of Ghana† | | 6.375% | | 2/11/2027 | | | 200 | | | | 188,775 | |
| | | | | | | | | | | | |
Oman 0.39% | | | | | | | | | | | | |
Oman Government International Bond† | | 4.75% | | 6/15/2026 | | | 300 | | | | 308,236 | |
| | | | | | | | | | | | |
Sri Lanka 0.23% | | | | | | | | | | | | |
Republic of Sri Lanka† | | 5.75% | | 1/18/2022 | | | 200 | | | | 180,000 | |
| | | | | | | | | | | | |
Turkey 0.25% | | | | | | | | | | | | |
Turkiye Ihracat Kredi Bankasi AS† | | 5.75% | | 7/6/2026 | | | 200 | | | | 196,292 | |
| | | | | | | | | | | | |
United Arab Emirates 0.25% | | | | | | | | | | | | |
Abu Dhabi Government International Bond† | | 3.125% | | 9/30/2049 | | | 200 | | | | 201,284 | |
| | | | | | | | | | | | |
Total Foreign Government Obligations (cost $1,908,353) | | | | | | | | | | | 1,865,965 | |
Total Long-Term Investments (cost $75,271,212) | | | | | | | | | | | 76,387,796 | |
| | | | | | | | | | | | |
SHORT-TERM INVESTMENTS 2.71% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Repurchase Agreements | | | | | | | | | | | | |
Repurchase Agreement dated 9/30/2021, 0.00% due 10/1/2021 with Fixed Income Clearing Corp. collateralized by $2,201,000 of U.S. Treasury Note at 1.250% due 06/30/2028; value: $2,201,172; proceeds: $2,157,939 (cost $2,157,939) | | | 2,158 | | | | 2,157,939 | |
Total Investments in Securities 98.79% (cost $77,429,151) | | | | | | | | | | | 78,545,735 | |
Other Assets and Liabilities – Net(e) 1.21% | | | | | | | | | | | 962,172 | |
Net Assets 100.00% | | | | | | | | | | $ | 79,507,907 | |
| | |
EUR | | Euro. |
ADR | | American Depositary Receipt. |
CMT | | Constant Maturity Rate. |
LIBOR | | London Interbank Offered Rate. |
PIK | | Payment-in-kind. |
SOFR | | Secured Over Night Financing Rate. |
† | | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2021, the total value of Rule 144A securities was $60,509,727, which represents 76.11% of net assets. |
| See Notes to Schedule of Investments. | 31 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
# | | Variable rate security. The interest rate represents the rate in effect at September 30, 2021. |
(a) | | Security is perpetual in nature and has no stated maturity. |
(b) | | Investment in non-U.S. dollar denominated securities. |
(c) | | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the London Interbank Offered Rate (“LIBOR”) or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at September 30, 2021. |
(d) | | Interest Rate to be determined. |
(e) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows: |
Open Forward Foreign Currency Exchange Contracts at September 30, 2021:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | | U.S. $ Current Value | | | Unrealized Appreciation | |
Euro | | Sell | | State Street Bank and Trust | | 12/10/2021 | | 221,000 | | | $261,740 | | | | $256,333 | | | | $5,407 | |
Open Futures Contracts at September 30, 2021:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | Unrealized Appreciation | |
U.S. 10-Year Treasury Note | | December 2021 | | 10 | | Short | | $ | (1,335,842 | ) | | $ | (1,316,094 | ) | | $ | 19,748 | |
U.S. 10-Year Ultra Treasury Note | | December 2021 | | 39 | | Short | | | (5,786,860 | ) | | | (5,664,750 | ) | | | 122,110 | |
U.S. 5-Year Treasury Note | | December 2021 | | 16 | | Short | | | (1,978,407 | ) | | | (1,963,875 | ) | | | 14,532 | |
U.S. Ultra Treasury Bond | | December 2021 | | 6 | | Short | | | (1,165,363 | ) | | | (1,146,375 | ) | | | 18,988 | |
Total Unrealized Appreciation on Open Futures Contracts | | | $ | 175,378 | |
| | | | | | | | | | | | | | | | | | |
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | Unrealized Depreciation | |
U.S. 2-Year Treasury Note | | December 2021 | | 33 | | Long | | $ | 7,265,570 | | | $ | 7,261,805 | | | $ | (3,765 | ) |
U.S. Long Bond | | December 2021 | | 3 | | Long | | | 489,380 | | | | 477,656 | | | | (11,724 | ) |
Total Unrealized Depreciation on Open Futures Contracts | | | $ | (15,489 | ) |
The following is a summary of the inputs used as of September 30, 2021 in valuing the Fund’s investments carried at fair value(1):
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Long-Term Investments | | | | | | | | | | | | | | | | |
Common Stocks | | $ | 84,912 | | | $ | – | | | $ | – | | | $ | 84,912 | |
Convertible Bonds | | | – | | | | 619,918 | | | | – | | | | 619,918 | |
Corporate Bonds | | | – | | | | 73,278,762 | | | | – | | | | 73,278,762 | |
Floating Rate Loans | | | – | | | | 538,239 | | | | – | | | | 538,239 | |
Foreign Government Obligations | | | – | | | | 1,865,965 | | | | – | | | | 1,865,965 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 2,157,939 | | | | – | | | | 2,157,939 | |
Total | | $ | 84,912 | | | $ | 78,460,823 | | | $ | – | | | $ | 78,545,735 | |
32 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2021
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 5,407 | | | $ | – | | | $ | 5,407 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 175,378 | | | | – | | | | – | | | | 175,378 | |
Liabilities | | | (15,489 | ) | | | – | | | | – | | | | (15,489 | ) |
Total | | $ | 159,889 | | | $ | 5,407 | | | $ | – | | | $ | 165,296 | |
(1) | | Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs. |
(2) | | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
| See Notes to Schedule of Investments. | 33 |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
LONG-TERM INVESTMENTS 96.84% | | | | | | | | | | | | |
| | | | | | | | | | | | |
ASSET-BACKED SECURITIES 6.82% | | | | | | | | | | | | |
| | | | | | | | | | | | |
United States | | | | | | | | | | | | |
Automobiles 0.98% | | | | | | | | | | | | |
Avid Automobile Receivables Trust 2019-1 C† | | 3.14% | | 7/15/2026 | | $ | 100 | | | $ | 102,468 | |
Westlake Automobile Receivables Trust 2018-2A D† | | 4.00% | | 1/16/2024 | | | 18 | | | | 17,639 | |
| | | | | | | | | | | 120,107 | |
Credit Card 0.85% | | | | | | | | | | | | |
Perimeter Master Note Business Trust 2019-2A A† | | 4.23% | | 5/15/2024 | | | 100 | | | | 103,616 | |
Others 4.34% | | | | | | | | | | | | |
Aqua Finance Trust | | 3.44% | | 7/17/2046 | | | 100 | | | | 99,528 | (a) |
ME Funding LLC 2019-1 A2† | | 6.448% | | 7/30/2049 | | | 49 | | | | 52,062 | |
OCP CLO Ltd. 2016-12A A1R A1R† | | 1.254% (3 Mo. LIBOR + 1.12%) | # | 10/18/2028 | | | 79 | | | | 78,887 | |
Sunrun Demeter Issuer 2021-2A A† | | 2.27% | | 1/30/2057 | | | 100 | | | | 100,181 | |
Venture CLO Ltd. 2018-33A A1LR A1LR† | | 1.186% (3 Mo. LIBOR + 1.06%) | # | 7/15/2031 | | | 100 | | | | 99,997 | |
VERDE CLO Ltd. 2019-1A AR† | | 1.226% (3 Mo. LIBOR + 1.10%) | # | 4/15/2032 | | | 100 | | | | 100,012 | |
| | | | | | | | | | | 530,667 | |
Student Loan 0.65% | | | | | | | | | | | | |
Navient Private Education Refi Loan Trust 2018-DA A2A† | | 4.00% | | 12/15/2059 | | | 75 | | | | 78,699 | |
Total Asset-Backed Securities (cost $827,601) | | | | | | | | | | | 833,089 | |
| | | | | | | | | | | | |
CONVERTIBLE BONDS 0.27% | | | | | | | | | | | | |
| | | | | | | | | | | | |
China | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
21Vianet Group, Inc.† | | Zero Coupon | | 2/1/2026 | | | 24 | | | | 20,004 | |
iQIYI, Inc. | | 2.00% | | 4/1/2025 | | | 14 | | | | 12,376 | |
Total Convertible Bonds (cost $37,481) | | | | | | | | | | | 32,380 | |
| | | | | | | | | | | | |
CORPORATE BONDS 50.76% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Australia 1.39% | | | | | | | | | | | | |
Electric 0.52% | | | | | | | | | | | | |
Ausgrid Finance Pty Ltd.† | | 4.35% | | 8/1/2028 | | | 33 | | | | 37,158 | |
Origin Energy Finance Ltd.† | | 5.45% | | 10/14/2021 | | | 26 | | | | 26,035 | |
| | | | | | | | | | | 63,193 | |
34 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Australia (continued) | | | | | | | | | | | | |
Mining 0.57% | | | | | | | | | | | | |
FMG Resources August 2006 Pty Ltd.† | | 4.50% | | 9/15/2027 | | $ | 17 | | | $ | 17,998 | |
Glencore Funding LLC† | | 2.85% | | 4/27/2031 | | | 19 | | | | 19,136 | |
Glencore Funding LLC† | | 4.875% | | 3/12/2029 | | | 28 | | | | 32,184 | |
| | | | | | | | | | | 69,318 | |
REITS 0.30% | | | | | | | | | | | | |
Goodman US Finance Three LLC† | | 3.70% | | 3/15/2028 | | | 34 | | | | 36,846 | |
Total Australia | | | | | | | | | | | 169,357 | |
| | | | | | | | | | | | |
Bermuda 0.99% | | | | | | | | | | | | |
Insurance | | | | | | | | | | | | |
PartnerRe Ireland Finance DAC(b) | | 1.25% | | 9/15/2026 | | EUR | 100 | | | | 121,115 | |
| | | | | | | | | | | | |
Brazil 0.17% | | | | | | | | | | | | |
Forest Products & Paper 0.05% | | | | | | | | | | | | |
Suzano Austria GmbH | | 3.75% | | 1/15/2031 | | $ | 6 | | | | 6,171 | |
Oil & Gas 0.12% | | | | | | | | | | | | |
Petrobras Global Finance BV | | 5.60% | | 1/3/2031 | | | 13 | | | | 14,128 | |
Total Brazil | | | | | | | | | | | 20,299 | |
| | | | | | | | | | | | |
Canada 0.78% | | | | | | | | | | | | |
Aerospace/Defense 0.02% | | | | | | | | | | | | |
Bombardier, Inc.† | | 6.00% | | 2/15/2028 | | | 2 | | | | 2,025 | |
Airlines 0.03% | | | | | | | | | | | | |
Air Canada† | | 3.875% | | 8/15/2026 | | | 4 | | | | 4,041 | |
Electric 0.32% | | | | | | | | | | | | |
Toronto Hydro Corp.(b) | | 3.54% | | 11/18/2021 | | CAD | 50 | | | | 39,627 | (a) |
Mining 0.16% | | | | | | | | | | | | |
Hudbay Minerals, Inc.† | | 6.125% | | 4/1/2029 | | $ | 18 | | | | 18,878 | |
Oil & Gas 0.25% | | | | | | | | | | | | |
Cenovus Energy, Inc. | | 3.75% | | 2/15/2052 | | | 7 | | | | 6,812 | |
MEG Energy Corp.† | | 7.125% | | 2/1/2027 | | | 23 | | | | 24,178 | |
| | | | | | | | | | | 30,990 | |
Total Canada | | | | | | | | | | | 95,561 | |
| | | | | | | | | | | | |
Cayman Islands 0.35% | | | | | | | | | | | | |
Airlines 0.08% | | | | | | | | | | | | |
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.† | | 8.00% | | 9/20/2025 | | | 8 | | | | 9,431 | |
Diversified Financial Services 0.18% | | | | | | | | | | | | |
Global Aircraft Leasing Co. Ltd. PIK 7.25%† | | 6.50% | | 9/15/2024 | | | 22 | | | | 21,859 | |
Oil & Gas Services 0.09% | | | | | | | | | | | | |
Transocean Proteus Ltd.† | | 6.25% | | 12/1/2024 | | | 12 | | | | 11,604 | |
Total Cayman Islands | | | | | | | | | | | 42,894 | |
| See Notes to Schedule of Investments. | 35 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Colombia 0.25% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Ecopetrol SA | | 5.875% | | 5/28/2045 | | $ | 30 | | | $ | 30,346 | |
| | | | | | | | | | | | |
France 0.99% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
IPD 3 BV†(b) | | 5.50% | | 12/1/2025 | | EUR | 100 | | | | 121,381 | |
| | | | | | | | | | | | |
Germany 4.31% | | | | | | | | | | | | |
Banks 0.63% | | | | | | | | | | | | |
Kreditanstalt fuer Wiederaufbau | | 0.375% | | 7/18/2025 | | $ | 78 | | | | 76,901 | |
Building Materials 0.98% | | | | | | | | | | | | |
PCF GmbH†(b) | | 4.75% | | 4/15/2026 | | EUR | 100 | | | | 119,945 | |
Real Estate 1.77% | | | | | | | | | | | | |
ADLER Group SA(b) | | 2.25% | | 1/14/2029 | | EUR | 100 | | | | 95,075 | |
Aroundtown SA(b) | | 1.45% | | 7/9/2028 | | EUR | 100 | | | | 121,235 | |
| | | | | | | | | | | 216,310 | |
Transportation 0.93% | | | | | | | | | | | | |
Hamburger Hochbahn AG(b) | | 0.125% | | 2/24/2031 | | EUR | 100 | | | | 114,232 | |
Total Germany | | | | | | | | | | | 527,388 | |
| | | | | | | | | | | | |
Israel 0.18% | | | | | | | | | | | | |
Pharmaceuticals | | | | | | | | | | | | |
Teva Pharmaceutical Finance Netherlands III BV | | 2.80% | | 7/21/2023 | | $ | 22 | | | | 21,896 | |
| | | | | | | | | | | | |
Jersey 1.12% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
AA Bond Co. Ltd.(b) | | 2.75% | | 7/31/2023 | | GBP | 100 | | | | 136,853 | |
| | | | | | | | | | | | |
Luxembourg 2.03% | | | | | | | | | | | | |
Health Care-Services 1.10% | | | | | | | | | | | | |
Eurofins Scientific SE(b) | | 3.75% | | 7/17/2026 | | EUR | 100 | | | | 134,959 | |
Real Estate 0.93% | | | | | | | | | | | | |
Vivion Investments Sarl(b) | | 3.00% | | 8/8/2024 | | EUR | 100 | | | | 113,281 | |
Total Luxembourg | | | | | | | | | | | 248,240 | |
| | | | | | | | | | | | |
Mexico 0.44% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Petroleos Mexicanos | | 5.35% | | 2/12/2028 | | $ | 30 | | | | 29,615 | |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 28 | | | | 24,464 | |
Total Mexico | | | | | | | | | | | 54,079 | |
36 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Netherlands 1.89% | | | | | | | | | | | | |
Diversified Financial Services 0.94% | | | | | | | | | | | | |
LeasePlan Corp. NV(b) | | 0.25% | | 2/23/2026 | | EUR | 100 | | | $ | 115,509 | |
Electric 0.95% | | | | | | | | | | | | |
Ren Finance BV(b) | | 0.50% | | 4/16/2029 | | EUR | 100 | | | | 115,965 | |
Total Netherlands | | | | | | | | | | | 231,474 | |
| | | | | | | | | | | | |
Puerto Rico 0.10% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Popular, Inc. | | 6.125% | | 9/14/2023 | | $ | 11 | | | | 11,825 | |
| | | | | | | | | | | | |
Romania 0.95% | | | | | | | | | | | | |
Media | | | | | | | | | | | | |
RCS & RDS SA†(b) | | 3.25% | | 2/5/2028 | | EUR | 100 | | | | 116,045 | |
| | | | | | | | | | | | |
Spain 1.91% | | | | | | | | | | | | |
Internet 0.95% | | | | | | | | | | | | |
eDreams ODIGEO SA(b) | | 5.50% | | 9/1/2023 | | EUR | 100 | | | | 116,496 | |
Telecommunications 0.96% | | | | | | | | | | | | |
Lorca Telecom Bondco SAU†(b) | | 4.00% | | 9/18/2027 | | EUR | 100 | | | | 116,710 | |
Total Spain | | | | | | | | | | | 233,206 | |
| | | | | | | | | | | | |
Supranational 2.57% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
Asian Development Bank(b) | | 2.45% | | 1/17/2024 | | AUD | 75 | | | | 56,827 | |
Asian Infrastructure Investment Bank (The) | | 0.50% | | 5/28/2025 | | $ | 50 | | | | 49,633 | |
European Bank for Reconstruction & Development | | 1.625% | | 9/27/2024 | | | 72 | | | | 74,218 | |
Inter-American Development Bank(b) | | 2.75% | | 10/30/2025 | | AUD | 97 | | | | 75,417 | |
International Bank for Reconstruction & Development | | 0.42% (SOFR + 0.37%) | # | 2/11/2031 | | $ | 30 | | | | 30,168 | |
International Bank for Reconstruction & Development(b) | | 1.20% | | 7/22/2026 | | CAD | 35 | | | | 27,486 | (a) |
Total Supranational | | | | | | | | | | | 313,749 | |
| | | | | | | | | | | | |
United Arab Emirates 1.62% | | | | | | | | | | | | |
Pipelines | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 1.75% | | 9/30/2027 | | $ | 196 | | | | 198,101 | |
| | | | | | | | | | | | |
United Kingdom 3.48% | | | | | | | | | | | | |
Entertainment 1.12% | | | | | | | | | | | | |
Pinewood Finance Co. Ltd.(b) | | 3.25% | | 9/30/2025 | | GBP | 100 | | | | 136,723 | |
| See Notes to Schedule of Investments. | 37 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United Kingdom (continued) | | | | | | | | | | | | |
Oil & Gas Services 0.11% | | | | | | | | | | | | |
TechnipFMC plc† | | 6.50% | | 2/1/2026 | | $ | 12 | | | $ | 12,873 | |
Real Estate 1.12% | | | | | | | | | | | | |
Canary Wharf Group Investment Holdings plc†(b) | | 2.625% | | 4/23/2025 | | GBP | 100 | | | | 137,002 | |
Retail 1.13% | | | | | | | | | | | | |
Punch Finance plc†(b) | | 6.125% | | 6/30/2026 | | GBP | 100 | | | | 138,156 | |
Total United Kingdom | | | | | | | | | | | 424,754 | |
| | | | | | | | | | | | |
United States 25.24% | | | | | | | | | | | | |
Advertising 0.19% | | | | | | | | | | | | |
Clear Channel Outdoor Holdings, Inc.† | | 7.75% | | 4/15/2028 | | $ | 12 | | | | 12,646 | |
Outfront Media Capital LLC/Outfront Media Capital Corp.† | | 4.25% | | 1/15/2029 | | | 11 | | | | 10,917 | |
| | | | | | | | | | | 23,563 | |
Aerospace/Defense 0.66% | | | | | | | | | | | | |
Boeing Co. (The) | | 4.875% | | 5/1/2025 | | | 48 | | | | 53,442 | |
TransDigm, Inc. | | 4.625% | | 1/15/2029 | | | 15 | | | | 15,000 | |
Triumph Group, Inc. | | 7.75% | | 8/15/2025 | | | 13 | | | | 12,877 | |
| | | | | | | | | | | 81,319 | |
Airlines 0.74% | | | | | | | | | | | | |
American Airlines Group, Inc.† | | 3.75% | | 3/1/2025 | | | 15 | | | | 13,535 | |
Delta Air Lines, Inc.† | | 7.00% | | 5/1/2025 | | | 21 | | | | 24,499 | |
Delta Air Lines, Inc./SkyMiles IP Ltd.† | | 4.50% | | 10/20/2025 | | | 10 | | | | 10,703 | |
Delta Air Lines, Inc./SkyMiles IP Ltd.† | | 4.75% | | 10/20/2028 | | | 13 | | | | 14,503 | |
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.† | | 5.75% | | 1/20/2026 | | | 13 | | | | 13,618 | |
United Airlines, Inc.† | | 4.375% | | 4/15/2026 | | | 6 | | | | 6,165 | |
United Airlines, Inc.† | | 4.625% | | 4/15/2029 | | | 7 | | | | 7,243 | |
| | | | | | | | | | | 90,266 | |
Auto Manufacturers 0.68% | | | | | | | | | | | | |
Ford Motor Co. | | 9.625% | | 4/22/2030 | | | 19 | | | | 26,918 | |
General Motors Co. | | 6.125% | | 10/1/2025 | | | 11 | | | | 12,893 | |
General Motors Co. | | 6.75% | | 4/1/2046 | | | 30 | | | | 42,849 | |
| | | | | | | | | | | 82,660 | |
Banks 2.11% | | | | | | | | | | | | |
Bank of America Corp. | | 2.687% (SOFR + 1.32%) | # | 4/22/2032 | | | 55 | | | | 56,037 | |
Citigroup, Inc. | | 2.561% (SOFR + 1.17%) | # | 5/1/2032 | | | 50 | | | | 50,528 | |
Goldman Sachs Group, Inc. (The) | | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | | | 25 | | | | 24,768 | |
38 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Banks (continued) | | | | | | | | | | | | |
JPMorgan Chase & Co. | | 3.782% (3 Mo. LIBOR + 1.34%) | # | 2/1/2028 | | $ | 50 | | | $ | 55,129 | |
Morgan Stanley | | 2.484% (SOFR + 1.36%) | # | 9/16/2036 | | | 44 | | | | 43,087 | |
Santander Holdings USA, Inc. | | 4.40% | | 7/13/2027 | | | 25 | | | | 28,105 | |
| | | | | | | | | | | 257,654 | |
Biotechnology 0.12% | | | | | | | | | | | | |
HCRX Investments Holdco LP† | | 4.50% | | 8/1/2029 | | | 15 | | | | 15,094 | |
Building Materials 0.09% | | | | | | | | | | | | |
Griffon Corp. | | 5.75% | | 3/1/2028 | | | 11 | | | | 11,564 | |
Chemicals 0.26% | | | | | | | | | | | | |
Ashland LLC | | 6.875% | | 5/15/2043 | | | 10 | | | | 13,092 | |
CVR Partners LP/CVR Nitrogen Finance Corp.† | | 6.125% | | 6/15/2028 | | | 18 | | | | 18,900 | |
| | | | | | | | | | | 31,992 | |
Coal 0.18% | | | | | | | | | | | | |
SunCoke Energy, Inc.† | | 4.875% | | 6/30/2029 | | | 12 | | | | 11,970 | |
Warrior Met Coal, Inc.† | | 8.00% | | 11/1/2024 | | | 10 | | | | 10,163 | |
| | | | | | | | | | | 22,133 | |
Commercial Services 0.33% | | | | | | | | | | | | |
Ahern Rentals, Inc.† | | 7.375% | | 5/15/2023 | | | 13 | | | | 12,480 | |
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer, Inc.† | | 5.00% | | 2/1/2026 | | | 12 | | | | 12,319 | |
Sabre GLBL, Inc.† | | 7.375% | | 9/1/2025 | | | 15 | | | | 16,006 | |
| | | | | | | | | | | 40,805 | |
Computers 0.49% | | | | | | | | | | | | |
Ahead DB Holdings LLC† | | 6.625% | | 5/1/2028 | | | 10 | | | | 10,090 | |
Austin BidCo, Inc.† | | 7.125% | | 12/15/2028 | | | 6 | | | | 6,053 | |
Dell International LLC/EMC Corp. | | 8.35% | | 7/15/2046 | | | 20 | | | | 32,499 | |
Presidio Holdings, Inc.† | | 4.875% | | 2/1/2027 | | | 11 | | | | 11,372 | |
| | | | | | | | | | | 60,014 | |
Diversified Financial Services 1.72% | | | | | | | | | | | | |
AG Issuer LLC† | | 6.25% | | 3/1/2028 | | | 14 | | | | 14,703 | |
Aircastle Ltd.† | | 2.85% | | 1/26/2028 | | | 5 | | | | 5,067 | |
Ally Financial, Inc. | | 8.00% | | 11/1/2031 | | | 25 | | | | 36,089 | |
Brightsphere Investment Group, Inc. | | 4.80% | | 7/27/2026 | | | 50 | | | | 54,234 | |
Nationstar Mortgage Holdings, Inc.† | | 5.50% | | 8/15/2028 | | | 15 | | | | 15,470 | |
Navient Corp. | | 5.00% | | 3/15/2027 | | | 5 | | | | 5,156 | |
Navient Corp. | | 6.75% | | 6/25/2025 | | | 10 | | | | 10,938 | |
| See Notes to Schedule of Investments. | 39 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Diversified Financial Services (continued) | | | | | | | | | | | | |
Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | 4.875% | | 4/15/2045 | | $ | 28 | | | $ | 32,361 | |
OneMain Finance Corp. | | 5.375% | | 11/15/2029 | | | 11 | | | | 11,936 | |
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.† | | 3.875% | | 3/1/2031 | | | 24 | | | | 24,240 | |
| | | | | | | | | | | 210,194 | |
Electric 1.44% | | | | | | | | | | | | |
Calpine Corp.† | | 5.125% | | 3/15/2028 | | | 11 | | | | 11,154 | |
FirstEnergy Corp. | | 4.40% | | 7/15/2027 | | | 18 | | | | 19,762 | |
IPALCO Enterprises, Inc. | | 4.25% | | 5/1/2030 | | | 25 | | | | 28,085 | |
New York State Electric & Gas Corp.† | | 2.15% | | 10/1/2031 | | | 32 | | | | 31,604 | |
Pacific Gas and Electric Co. | | 4.55% | | 7/1/2030 | | | 38 | | | | 41,120 | |
Puget Energy, Inc. | | 4.10% | | 6/15/2030 | | | 40 | | | | 44,118 | |
| | | | | | | | | | | 175,843 | |
Energy-Alternate Sources 0.16% | | | | | | | | | | | | |
Renewable Energy Group, Inc.† | | 5.875% | | 6/1/2028 | | | 12 | | | | 12,422 | |
TerraForm Power Operating LLC† | | 4.75% | | 1/15/2030 | | | 7 | | | | 7,332 | |
| | | | | | | | | | | 19,754 | |
Engineering & Construction 0.18% | | | | | | | | | | | | |
Brundage-Bone Concrete Pumping Holdings, Inc.† | | 6.00% | | 2/1/2026 | | | 7 | | | | 7,306 | |
Weekley Homes LLC/Weekley Finance Corp.† | | 4.875% | | 9/15/2028 | | | 14 | | | | 14,578 | |
| | | | | | | | | | | 21,884 | |
Entertainment 1.08% | | | | | | | | | | | | |
Affinity Gaming† | | 6.875% | | 12/15/2027 | | | 12 | | | | 12,637 | |
Boyne USA, Inc.† | | 4.75% | | 5/15/2029 | | | 8 | | | | 8,270 | |
Buena Vista Gaming Authority† | | 13.00% | | 4/1/2023 | | | 15 | | | | 16,158 | |
Caesars Entertainment, Inc.† | | 4.625% | | 10/15/2029 | | | 10 | | | | 10,137 | |
Caesars Entertainment, Inc.† | | 8.125% | | 7/1/2027 | | | 14 | | | | 15,757 | |
CCM Merger, Inc.† | | 6.375% | | 5/1/2026 | | | 16 | | | | 16,860 | |
Live Nation Entertainment, Inc.† | | 4.75% | | 10/15/2027 | | | 16 | | | | 16,280 | |
Mohegan Gaming & Entertainment† | | 8.00% | | 2/1/2026 | | | 12 | | | | 12,523 | |
Penn National Gaming, Inc.† | | 5.625% | | 1/15/2027 | | | 11 | | | | 11,344 | |
Scientific Games International, Inc.† | | 7.25% | | 11/15/2029 | | | 11 | | | | 12,374 | |
| | | | | | | | | | | 132,340 | |
Environmental Control 0.10% | | | | | | | | | | | | |
Madison IAQ LLC† | | 5.875% | | 6/30/2029 | | | 12 | | | | 12,106 | |
Food 0.43% | | | | | | | | | | | | |
Chobani LLC/hobani Finance Corp., Inc.† | | 4.625% | | 11/15/2028 | | | 12 | | | | 12,405 | |
Kraft Heinz Foods Co. | | 4.375% | | 6/1/2046 | | | 35 | | | | 39,895 | |
| | | | | | | | | | | 52,300 | |
40 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Health Care-Services 0.66% | | | | | | | | | | | | |
Centene Corp. | | 2.625% | | 8/1/2031 | | $ | 13 | | | $ | 12,928 | |
Centene Corp. | | 3.375% | | 2/15/2030 | | | 15 | | | | 15,548 | |
CHS/Community Health Systems, Inc.† | | 4.75% | | 2/15/2031 | | | 12 | | | | 12,090 | |
HCA, Inc. | | 5.50% | | 6/15/2047 | | | 17 | | | | 22,081 | |
Radiology Partners, Inc.† | | 9.25% | | 2/1/2028 | | | 7 | | | | 7,540 | |
Surgery Center Holdings, Inc.† | | 10.00% | | 4/15/2027 | | | 10 | | | | 10,813 | |
| | | | | | | | | | | 81,000 | |
Home Builders 0.22% | | | | | | | | | | | | |
Tri Pointe Homes, Inc. | | 5.25% | | 6/1/2027 | | | 8 | | | | 8,655 | |
Tri Pointe Homes, Inc. | | 5.70% | | 6/15/2028 | | | 6 | | | | 6,533 | |
Williams Scotsman International, Inc.† | | 4.625% | | 8/15/2028 | | | 11 | | | | 11,473 | |
| | | | | | | | | | | 26,661 | |
Housewares 0.14% | | | | | | | | | | | | |
Newell Brands, Inc. | | 5.875% | | 4/1/2036 | | | 14 | | | | 17,406 | |
Insurance 0.11% | | | | | | | | | | | | |
Assurant, Inc. | | 2.65% | | 1/15/2032 | | | 13 | | | | 12,903 | |
Internet 1.68% | | | | | | | | | | | | |
GrubHub Holdings, Inc.† | | 5.50% | | 7/1/2027 | | | 11 | | | | 11,426 | |
Netflix, Inc.(b) | | 3.875% | | 11/15/2029 | | EUR | 100 | | | | 140,450 | |
Netflix, Inc.† | | 4.875% | | 6/15/2030 | | $ | 10 | | | | 11,788 | |
Netflix, Inc. | | 5.875% | | 2/15/2025 | | | 15 | | | | 17,115 | |
Uber Technologies, Inc.† | | 4.50% | | 8/15/2029 | | | 13 | | | | 13,114 | |
Uber Technologies, Inc.† | | 8.00% | | 11/1/2026 | | | 11 | | | | 11,639 | |
| | | | | | | | | | | 205,532 | |
Iron-Steel 0.10% | | | | | | | | | | | | |
United States Steel Corp. | | 6.65% | | 6/1/2037 | | | 12 | | | | 12,858 | |
Leisure Time 0.50% | | | | | | | | | | | | |
Carnival Corp.† | | 11.50% | | 4/1/2023 | | | 14 | | | | 15,645 | |
Life Time, Inc.† | | 5.75% | | 1/15/2026 | | | 12 | | | | 12,435 | |
NCL Corp. Ltd.† | | 12.25% | | 5/15/2024 | | | 14 | | | | 16,537 | |
Royal Caribbean Cruises Ltd.† | | 9.125% | | 6/15/2023 | | | 15 | | | | 16,321 | |
| | | | | | | | | | | 60,938 | |
Lodging 0.40% | | | | | | | | | | | | |
Boyd Gaming Corp. | | 4.75% | | 12/1/2027 | | | 11 | | | | 11,351 | |
Boyd Gaming Corp.† | | 4.75% | | 6/15/2031 | | | 10 | | | | 10,325 | |
MGM Resorts International | | 5.50% | | 4/15/2027 | | | 14 | | | | 15,208 | |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.† | | 5.25% | | 5/15/2027 | | | 12 | | | | 12,137 | |
| | | | | | | | | | | 49,021 | |
| See Notes to Schedule of Investments. | 41 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Media 1.52% | | | | | | | | | | | | |
Block Communications, Inc.† | | 4.875% | | 3/1/2028 | | $ | 10 | | | $ | 10,245 | |
Charter Communications Operating LLC/Charter Communications Operating Capital | | 6.484% | | 10/23/2045 | | | 14 | | | | 19,065 | |
Comcast Corp.(b) | | 1.50% | | 2/20/2029 | | GBP | 100 | | | | 133,454 | |
DISH DBS Corp. | | 7.75% | | 7/1/2026 | | $ | 9 | | | | 10,174 | |
Urban One, Inc.† | | 7.375% | | 2/1/2028 | | | 12 | | | | 12,882 | |
| | | | | | | | | | | 185,820 | |
Mining 0.47% | | | | | | | | | | | | |
Century Aluminum Co.† | | 7.50% | | 4/1/2028 | | | 12 | | | | 12,747 | |
Freeport-McMoRan, Inc. | | 4.375% | | 8/1/2028 | | | 24 | | | | 25,140 | |
Hecla Mining Co. | | 7.25% | | 2/15/2028 | | | 7 | | | | 7,550 | |
Kaiser Aluminum Corp.† | | 4.625% | | 3/1/2028 | | | 12 | | | | 12,405 | |
| | | | | | | | | | | 57,842 | |
Miscellaneous Manufacturing 0.62% | | | | | | | | | | | | |
General Electric Co. | | 3.446% (3 Mo. LIBOR + 3.33%) | # | – | (c) | | 77 | | | | 75,542 | |
Multi-National 0.58% | | | | | | | | | | | | |
International Bank for Reconstruction & Development(b) | | 0.25% | | 1/29/2029 | | SEK | 260 | | | | 28,704 | |
International Finance Corp.(b) | | 0.375% | | 9/10/2025 | | NZD | 65 | | | | 42,379 | |
| | | | | | | | | | | 71,083 | |
Oil & Gas 2.81% | | | | | | | | | | | | |
Aethon United BR LP/Aethon United Finance Corp.† | | 8.25% | | 2/15/2026 | | $ | 17 | | | | 18,381 | |
Apache Corp. | | 4.375% | | 10/15/2028 | | | 16 | | | | 17,320 | |
Centennial Resource Production LLC† | | 5.375% | | 1/15/2026 | | | 15 | | | | 14,746 | |
Comstock Resources, Inc.† | | 6.75% | | 3/1/2029 | | | 12 | | | | 12,975 | |
Continental Resources, Inc.† | | 5.75% | | 1/15/2031 | | | 17 | | | | 20,570 | |
CrownRock LP/CrownRock Finance, Inc.† | | 5.00% | | 5/1/2029 | | | 12 | | | | 12,544 | |
Diamondback Energy, Inc. | | 3.50% | | 12/1/2029 | | | 30 | | | | 32,103 | |
EQT Corp.† | | 3.625% | | 5/15/2031 | | | 6 | | | | 6,260 | |
EQT Corp. | | 5.00% | | 1/15/2029 | | | 15 | | | | 16,908 | |
Gulfport Energy Operating Corp.† | | 8.00% | | 5/17/2026 | | | 12 | | | | 12,602 | |
Helmerich & Payne, Inc.† | | 2.90% | | 9/29/2031 | | | 16 | | | | 16,051 | |
Hilcorp Energy I LP/Hilcorp Finance Co.† | | 6.00% | | 2/1/2031 | | | 12 | | | | 12,352 | |
Hilcorp Energy I LP/Hilcorp Finance Co.† | | 6.25% | | 11/1/2028 | | | 12 | | | | 12,457 | |
Laredo Petroleum, Inc. | | 9.50% | | 1/15/2025 | | | 19 | | | | 19,712 | |
Matador Resources Co. | | 5.875% | | 9/15/2026 | | | 13 | | | | 13,455 | |
Murphy Oil Corp. | | 5.875% | | 12/1/2027 | | | 12 | | | | 12,504 | |
Nabors Industries Ltd.† | | 7.25% | | 1/15/2026 | | | 14 | | | | 13,639 | |
42 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Oil & Gas (continued) | | | | | | | | | | | | |
Occidental Petroleum Corp. | | 6.125% | | 1/1/2031 | | $ | 11 | | | $ | 13,219 | |
Ovintiv, Inc. | | 6.50% | | 2/1/2038 | | | 10 | | | | 13,783 | |
PDC Energy, Inc. | | 5.75% | | 5/15/2026 | | | 12 | | | | 12,510 | |
Range Resources Corp.† | | 8.25% | | 1/15/2029 | | | 13 | | | | 14,642 | |
SM Energy Co. | | 5.625% | | 6/1/2025 | | | 5 | | | | 5,037 | |
SM Energy Co. | | 6.75% | | 9/15/2026 | | | 10 | | | | 10,226 | |
Southwestern Energy Co.† | | 5.375% | | 2/1/2029 | | | 9 | | | | 9,640 | |
| | | | | | | | | | | 343,636 | |
Pharmaceuticals 0.19% | | | | | | | | | | | | |
Bausch Health Cos, Inc.† | | 5.25% | | 1/30/2030 | | | 13 | | | | 12,142 | |
Herbalife Nutrition Ltd./HLF Financing, Inc.† | | 7.875% | | 9/1/2025 | | | 10 | | | | 10,738 | |
| | | | | | | | | | | 22,880 | |
Pipelines 0.58% | | | | | | | | | | | | |
Buckeye Partners LP | | 6.375% (3 Mo. LIBOR + 4.02%) | # | 1/22/2078 | | | 15 | | | | 13,808 | |
Cheniere Corpus Christi Holdings LLC | | 5.125% | | 6/30/2027 | | | 28 | | | | 32,390 | |
NGPL PipeCo LLC† | | 3.25% | | 7/15/2031 | | | 24 | | | | 24,609 | |
| | | | | | | | | | | 70,807 | |
REITS 0.82% | | | | | | | | | | | | |
American Campus Communities Operating Partnership LP | | 3.875% | | 1/30/2031 | | | 42 | | | | 46,897 | |
American Homes 4 Rent LP | | 2.375% | | 7/15/2031 | | | 15 | | | | 14,876 | |
Blackstone Mortgage Trust, Inc.† | | 3.75% | | 1/15/2027 | | | 18 | | | | 17,865 | |
GLP Capital LP/GLP Financing II, Inc. | | 5.75% | | 6/1/2028 | | | 5 | | | | 5,873 | |
Invitation Homes Operating Partnership LP | | 2.00% | | 8/15/2031 | | | 15 | | | | 14,416 | |
| | | | | | | | | | | 99,927 | |
Retail 0.94% | | | | | | | | | | | | |
BCPE Ulysses Intermediate, Inc. PIK 8.50%† | | 7.75% | | 4/1/2027 | | | 15 | | | | 14,911 | |
Carvana Co.† | | 5.875% | | 10/1/2028 | | | 9 | | | | 9,305 | |
CEC Entertainment LLC† | | 6.75% | | 5/1/2026 | | | 12 | | | | 12,045 | |
Ken Garff Automotive LLC† | | 4.875% | | 9/15/2028 | | | 9 | | | | 9,263 | |
L Brands, Inc.† | | 6.625% | | 10/1/2030 | | | 16 | | | | 18,180 | |
LCM Investments Holdings II LLC† | | 4.875% | | 5/1/2029 | | | 13 | | | | 13,355 | |
Macy’s Retail Holdings LLC† | | 5.875% | | 4/1/2029 | | | 12 | | | | 13,071 | |
Park River Holdings, Inc.† | | 5.625% | | 2/1/2029 | | | 12 | | | | 11,643 | |
Party City Holdings, Inc.† | | 8.75% | | 2/15/2026 | | | 12 | | | | 12,571 | |
| | | | | | | | | | | 114,344 | |
| See Notes to Schedule of Investments. | 43 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Semiconductors 0.09% | | | | | | | | | | | | |
Skyworks Solutions, Inc. | | 3.00% | | 6/1/2031 | | $ | 11 | | | $ | 11,259 | |
Software 0.43% | | | | | | | | | | | | |
Twilio, Inc. | | 3.625% | | 3/15/2029 | | | 8 | | | | 8,194 | |
Twilio, Inc. | | 3.875% | | 3/15/2031 | | | 9 | | | | 9,226 | |
Veritas US, Inc./Veritas Bermuda Ltd.† | | 7.50% | | 9/1/2025 | | | 12 | | | | 12,495 | |
VMware, Inc. | | 4.70% | | 5/15/2030 | | | 19 | | | | 22,412 | |
| | | | | | | | | | | 52,327 | |
Telecommunications 1.13% | | | | | | | | | | | | |
AT&T, Inc.(b) | | 2.875% | | | | | | | | | | |
| | (EUAMDB05 + 3.14%) | # | – | (c) | EUR | 100 | | | | 117,375 | |
CommScope, Inc.† | | 7.125% | | 7/1/2028 | | $ | 11 | | | | 11,241 | |
Sprint Capital Corp. | | 6.875% | | 11/15/2028 | | | 7 | | | | 8,969 | |
| | | | | | | | | | | 137,585 | |
Toys/Games/Hobbies 0.11% | | | | | | | | | | | | |
Mattel, Inc. | | 5.45% | | 11/1/2041 | | | 11 | | | | 13,054 | |
Transportation 0.10% | | | | | | | | | | | | |
Watco Cos LLC/Watco Finance Corp.† | | 6.50% | | 6/15/2027 | | | 11 | | | | 11,788 | |
Water 0.08% | | | | | | | | | | | | |
Solaris Midstream Holdings LLC† | | 7.625% | | 4/1/2026 | | | 9 | | | | 9,656 | |
Total United States | | | | | | | | | | | 3,085,354 | |
Total Corporate Bonds (cost $6,088,071) | | | | | | | | | | | 6,203,917 | |
| | | | | | | | | | | | |
FLOATING RATE LOANS(d) 3.71% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Advertising 0.09% | | | | | | | | | | | | |
Clear Channel Outdoor Holdings, Inc. Term Loan B | | 3.629% (3 Mo. LIBOR + 3.50%) | | 8/21/2026 | | | 11 | | | | 11,166 | |
| | | | | | | | | | | | |
Air Transportation 0.37% | | | | | | | | | | | | |
AAdvantage Loyalty IP Ltd. 2021 Term Loan | | 5.50% (3 Mo. LIBOR + 4.75%) | | 4/20/2028 | | | 23 | | | | 24,154 | |
United Airlines, Inc. 2021 Term Loan B | | 4.50% (3 Mo. LIBOR + 3.75%) | | 4/21/2028 | | | 22 | | | | 21,755 | |
Total | | | | | | | | | | | 45,909 | |
| | | | | | | | | | | | |
Auto Parts: Original Equipment 0.21% | | | | | | | | | | | | |
Autokiniton US Holdings, Inc. 2021 Term Loan B | | 5.00% (3 Mo. LIBOR + 4.50%) | | 4/6/2028 | | | 13 | | | | 12,584 | |
Chassix Inc. 2017 1st Lien Term Loan | 6.50% - 7.75% (Prime Rate + 4.50%) (3 Mo. LIBOR + 5.50%) | | 11/15/2023 | | | 13 | | | | 12,631 | |
Total | | | | | | | | | | | 25,215 | |
44 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Business Services 0.41% | | | | | | | | | | | | |
Kingpin Intermediate Holdings LLC 2018 Term Loan B | | 4.50% (1 Mo. LIBOR + 3.50%) | | 7/3/2024 | | $ | 13 | | | $ | 12,694 | |
KUEHG Corp. 2018 Incremental Term Loan | | 4.75% (3 Mo. LIBOR + 3.75%) | | 2/21/2025 | | | 19 | | | | 18,780 | |
Learning Care Group, Inc. 2018 1st Lien Term Loan | | 4.25% (3 Mo. LIBOR + 3.25%) | | 3/13/2025 | | | 19 | | | | 18,581 | |
Total | | | | | | | | | | | 50,055 | |
| | | | | | | | | | | | |
Computer Hardware 0.10% | | | | | | | | | | | | |
Verifone Systems, Inc. 2018 1st Lien Term Loan | | 4.129% (3 Mo. LIBOR + 4.00%) | | 8/20/2025 | | | 12 | | | | 12,207 | |
| | | | | | | | | | | | |
Computer Software 0.29% | | | | | | | | | | | | |
Grab Holdings Inc Term Loan B (Singapore)(e) | | 5.50% (6 Mo. LIBOR + 4.50%) | | 1/29/2026 | | | 18 | | | | 18,653 | |
Polaris Newco LLC USD Term Loan B | | 4.50% (6 Mo. LIBOR + 4.00%) | | 6/2/2028 | | | 16 | | | | 16,294 | |
Total | | | | | | | | | | | 34,947 | |
| | | | | | | | | | | | |
Electric: Power 0.10% | | | | | | | | | | | | |
Edgewater Generation, L.L.C. Term Loan | | 3.834% (1 Mo. LIBOR + 3.75%) | | 12/13/2025 | | | 13 | | | | 12,052 | |
| | | | | | | | | | | | |
Financial Services 0.15% | | | | | | | | | | | | |
SSH Group Holdings, Inc. 2018 1st Lien Term Loan | | 4.382% (3 Mo. LIBOR + 4.25%) | | 7/30/2025 | | | 19 | | | | 18,134 | |
| | | | | | | | | | | | |
Health Care Services 0.15% | | | | | | | | | | | | |
Wellpath Holdings, Inc. 2018 1st Lien Term Loan | | 5.584% (1 Mo. LIBOR + 5.50%) | | 10/1/2025 | | | 18 | | | | 18,037 | |
| | | | | | | | | | | | |
Household Furnishings 0.09% | | | | | | | | | | | | |
Ai Aqua Merger Sub, Inc. 2021 1st Lien Delayed Draw Term Loan | | – | (f) | 7/31/2028 | | | 1 | | | | 1,172 | |
Ai Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B | | 4.50% (1 Mo. LIBOR + 4.00%) | | 7/31/2028 | | | 9 | | | | 9,374 | |
Total | | | | | | | | | | | 10,546 | |
| | | | | | | | | | | | |
| See Notes to Schedule of Investments. | 45 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Leisure 0.28% | | | | | | | | | | | | |
City Football Group Limited Term Loan (United Kingdom)(e) | | 4.00% (3 Mo. LIBOR + 3.50%) | | 7/21/2028 | | $ | 15 | | | $ | 14,982 | (g) |
United PF Holdings, LLC 2019 1st Lien Term Loan | | 4.132% (3 Mo. LIBOR + 4.00%) | | 12/30/2026 | | | 19 | | | | 18,972 | |
Total | | | | | | | | | | | 33,954 | |
| | | | | | | | | | | | |
Lodging 0.10% | | | | | | | | | | | | |
Spectacle Gary Holdings LLC Delayed Draw Term Loan | | 11.00% (1 Mo. LIBOR + 9.00%) | | 12/23/2025 | | | 1 | | | | 809 | |
Spectacle Gary Holdings LLC Term Loan B | | 11.00% (1 Mo. LIBOR + 9.00%) | | 12/23/2025 | | | 10 | | | | 11,165 | |
Total | | | | | | | | | | | 11,974 | |
| | | | | | | | | | | | |
Machinery: Industrial/Specialty 0.10% | | | | | | | | | | | | |
Engineered Machinery Holdings, Inc. 2021 USD 2nd Lien Incremental Term Loan | | 7.25% (3 Mo. LIBOR + 6.50%) | | 5/21/2029 | | | 12 | | | | 11,802 | |
| | | | | | | | | | | | |
Media 0.10% | | | | | | | | | | | | |
A-L Parent LLC 2016 1st Lien Term Loan | | 4.25% (1 Mo. LIBOR + 3.25%) | | 12/1/2023 | | | 13 | | | | 12,710 | |
| | | | | | | | | | | | |
Miscellaneous 0.15% | | | | | | | | | | | | |
Cvent, Inc. 1st Lien Term Loan | | 3.834% (1 Mo. LIBOR + 3.75%) | | 11/29/2024 | | | 18 | | | | 18,409 | |
| | | | | | | | | | | | |
Oil 0.16% | | | | | | | | | | | | |
Brazos Delaware II, LLC Term Loan B | | 4.084% (1 Mo. LIBOR + 4.00%) | | 5/21/2025 | | | 19 | | | | 19,142 | |
| | | | | | | | | | | | |
Oil: Integrated Domestic 0.16% | | | | | | | | | | | | |
BCP Raptor II, LLC 1st Lien Term Loan | | 4.834% (1 Mo. LIBOR + 4.75%) | | 11/3/2025 | | | 20 | | | | 19,568 | |
| | | | | | | | | | | | |
Real Estate 0.14% | | | | | | | | | | | | |
Claros Mortgage Trust, Inc. Term Loan B | | 6.00% (1 Mo. LIBOR + 5.00%) | | 8/9/2026 | | | 18 | | | | 17,816 | (g) |
| | | | | | | | | | | | |
Retail 0.10% | | | | | | | | | | | | |
Miller’s Ale House, Inc. 2018 Term Loan | | 4.837% - 7.00% (Prime Rate + 3.75%) (1 Mo. LIBOR + 4.75%) | | 5/30/2025 | | | 13 | | | | 12,444 | |
46 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Technology 0.36% | | | | | | | | | | | | |
Hoya Midco, LLC 2017 1st Lien Term Loan | | 4.50% (1 Mo. LIBOR + 3.50%) | | 6/30/2024 | | $ | 13 | | | $ | 12,665 | |
Magnite Inc Term Loan | | 5.75% (3 Mo. LIBOR + 5.00%) (6 Mo. LIBOR + 5.00%) | | 4/28/2028 | | | 19 | | | | 19,248 | |
PUG LLC USD Term Loan | | 3.584% (1 Mo. LIBOR + 3.50%) | | 2/12/2027 | | | 13 | | | | 12,443 | |
Total | | | | | | | | | | | 44,356 | |
| | | | | | | | | | | | |
Transportation 0.10% | | | | | | | | | | | | |
AIT Worldwide Logistics, Inc 2021 Term Loan | | 5.50% (3 Mo. LIBOR + 4.75%) | | 3/31/2028 | | | 13 | | | | 12,864 | |
Total Floating Rate Loans (cost $443,774) | | | | | | | | | | | 453,307 | |
| | | | | | | | | | | | |
FOREIGN GOVERNMENT OBLIGATIONS 22.55% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Australia 0.99% | | | | | | | | | | | | |
Australia Government Bond(b) | | 3.00% | | 3/21/2047 | | AUD | 19 | | | | 15,494 | |
Queensland Treasury Corp.†(b) | | 1.50% | | 3/2/2032 | | AUD | 70 | | | | 48,975 | |
Queensland Treasury Corp.†(b) | | 3.25% | | 7/21/2026 | | AUD | 70 | | | | 56,162 | |
Total Australia | | | | | | | | | | | 120,631 | |
| | | | | | | | | | | | |
Brazil 0.35% | | | | | | | | | | | | |
Brazil Notas do Tesouro Nacional Serie F(b) | | 10.00% | | 1/1/2029 | | BRL | 240 | | | | 42,305 | |
| | | | | | | | | | | | |
Canada 2.01% | | | | | | | | | | | | |
City of Montreal(b) | | 4.25% | | 12/1/2032 | | CAD | 55 | | | | 51,346 | (a) |
Province of Alberta Canada(b) | | 2.05% | | 6/1/2030 | | CAD | 100 | | | | 79,185 | (a) |
Province of British Columbia Canada | | 0.90% | | 7/20/2026 | | $ | 65 | | | | 64,601 | |
Province of Saskatchewan(b) | | 4.75% | | 6/1/2040 | | CAD | 49 | | | | 50,767 | (a) |
Total Canada | | | | | | | | | | | 245,899 | |
| | | | | | | | | | | | |
Chile 0.95% | | | | | | | | | | | | |
Chile Government International Bond(b) | | 0.83% | | 7/2/2031 | | EUR | 100 | | | | 115,774 | |
| | | | | | | | | | | | |
China 3.48% | | | | | | | | | | | | |
China Development Bank(b) | | 3.07% | | 3/10/2030 | | CNY | 650 | | | | 98,768 | |
China Development Bank(b) | | 3.09% | | 6/18/2030 | | CNY | 1,300 | | | | 197,867 | |
China Development Bank(b) | | 3.68% | | 2/26/2026 | | CNY | 600 | | | | 95,200 | |
China Government Bond(b) | | 3.86% | | 7/22/2049 | | CNY | 200 | | | | 33,033 | |
Total China | | | | | | | | | | | 424,868 | |
| See Notes to Schedule of Investments. | 47 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
Colombia 1.05% | | | | | | | | | | | | |
Colombia Government International Bond(b) | | 3.875% | | 3/22/2026 | | EUR | 100 | | | $ | 128,354 | |
| | | | | | | | | | | | |
Egypt 1.67% | | | | | | | | | | | | |
Republic of Egypt† | | 4.55% | | 11/20/2023 | | $ | 200 | | | | 204,148 | |
| | | | | | | | | | | | |
France 0.36% | | | | | | | | | | | | |
French Republic Government Bond OAT†(b) | | 0.75% | | 5/25/2052 | | EUR | 40 | | | | 44,118 | |
| | | | | | | | | | | | |
Indonesia 2.04% | | | | | | | | | | | | |
Indonesia Government International Bond(b) | | 1.30% | | 3/23/2034 | | EUR | 100 | | | | 113,461 | |
Indonesia Government International Bond† | | 6.625% | | 2/17/2037 | | $ | 100 | | | | 136,572 | |
Total Indonesia | | | | | | | | | | | 250,033 | |
| | | | | | | | | | | | |
Italy 2.62% | | | | | | | | | | | | |
Italy Buoni Poliennali Del Tesoro†(b) | | 1.50% | | 4/30/2045 | | EUR | 50 | | | | 56,412 | |
Italy Buoni Poliennali Del Tesoro†(b) | | 1.85% | | 7/1/2025 | | EUR | 121 | | | | 150,224 | |
Italy Buoni Poliennali Del Tesoro†(b) | | 2.45% | | 9/1/2033 | | EUR | 85 | | | | 113,711 | |
Total Italy | | | | | | | | | | | 320,347 | |
| | | | | | | | | | | | |
Japan 1.17% | | | | | | | | | | | | |
Japan Government Thirty Year Bond(b) | | 0.60% | | 9/20/2050 | | JPY | 4,500 | | | | 39,832 | |
Japan Government Twenty Year Bond(b) | | 1.40% | | 9/20/2034 | | JPY | 10,000 | | | | 103,778 | |
Total Japan | | | | | | | | | | | 143,610 | |
| | | | | | | | | | | | |
Senegal 0.99% | | | | | | | | | | | | |
Senegal Government International Bond(b) | | 4.75% | | 3/13/2028 | | EUR | 100 | | | | 120,812 | |
| | | | | | | | | | | | |
South Africa 0.18% | | | | | | | | | | | | |
Republic of South Africa Government Bond(b) | | 8.75% | | 2/28/2048 | | ZAR | 396 | | | | 21,672 | |
| | | | | | | | | | | | |
Spain 1.80% | | | | | | | | | | | | |
Spain Government Bond†(b) | | 0.50% | | 10/31/2031 | | EUR | 122 | | | | 141,947 | |
Spain Government Bond†(b) | | 1.00% | | 7/30/2042 | | EUR | 21 | | | | 24,008 | |
Spain Government Bond†(b) | | 1.00% | | 10/31/2050 | | EUR | 5 | | | | 5,325 | |
Spain Government Bond†(b) | | 4.20% | | 1/31/2037 | | EUR | 28 | | | | 48,591 | |
Total Spain | | | | | | | | | | | 219,871 | |
| | | | | | | | | | | | |
Turkey 0.48% | | | | | | | | | | | | |
Republic of Turkey | | 7.375% | | 2/5/2025 | | $ | 55 | | | | 58,509 | |
| | | | | | | | | | | | |
Ukraine 0.89% | | | | | | | | | | | | |
Ukraine Government International Bond† | | 7.75% | | 9/1/2024 | | | 100 | | | | 108,627 | |
48 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
United Kingdom 1.20% | | | | | | | | | | | | |
United Kingdom Gilt(b) | | 0.875% | | 7/31/2033 | | GBP | 23 | | | $ | 30,249 | |
United Kingdom Gilt(b) | | 1.50% | | 7/22/2047 | | GBP | 85 | | | | 117,065 | |
Total United Kingdom | | | | | | | | | | | 147,314 | |
| | | | | | | | | | | | |
United States 0.32% | | | | | | | | | | | | |
Tennessee Valley Authority | | 1.50% | | 9/15/2031 | | $ | 40 | | | | 39,445 | |
Total Foreign Government Obligations (cost $2,768,109) | | | | | | | | | | | 2,756,337 | |
| | | | | | | | | | | | |
GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 0.86% |
Federal National Mortgage Assoc. (cost $100,505) | | 3.50% | | 9/1/2047 | | | 98 | | | | 105,529 | |
| | | | | | | | | | | | |
MUNICIPAL BONDS 0.94% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Miscellaneous | | | | | | | | | | | | |
Metropolitan Transportation Authority | | 6.668% | | 11/15/2039 | | | 20 | | | | 28,773 | |
New York City Transitional Finance Authority Futur | | 1.95% | | 8/1/2034 | | | 30 | | | | 28,660 | |
Regional Transportation District Sales Tax Revenue | | 2.337% | | 11/1/2036 | | | 25 | | | | 24,422 | |
State of California Department of Water Resources | | 1.789% | | 12/1/2035 | | | 35 | | | | 33,048 | |
Total Municipal Bonds (cost $116,922) | | | | | | | | | | | 114,903 | |
| | | | | | | | | | | | |
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 4.26% |
BBCMS Mortgage Trust 2019-BWAY A† | | 1.04% (1 Mo. LIBOR + .96%) | # | 11/15/2034 | | | 11 | | | | 10,983 | |
BBCMS Mortgage Trust 2019-BWAY B† | | 1.394% (1 Mo. LIBOR + 1.31%) | # | 11/15/2034 | | | 10 | | | | 9,951 | |
Citigroup Commercial Mortgage Trust 2016-GC36 D† | | 2.85% | | 2/10/2049 | | | 45 | | | | 32,241 | |
Citigroup Commercial Mortgage Trust 2016-P3 D† | | 2.804% | #(h) | 4/15/2049 | | | 30 | | | | 24,970 | |
Commercial Mortgage Pass-Through Certificates 2015-PC1 C | | 4.463% | #(h) | 7/10/2050 | | | 25 | | | | 26,497 | |
Commercial Mortgage Pass-Through Certificates 2015-PC1 D | | 4.463% | #(h) | 7/10/2050 | | | 35 | | | | 32,160 | |
CSAIL Commercial Mortgage Trust 2016-C7 D† | | 4.535% | #(h) | 11/15/2049 | | | 45 | | | | 34,649 | |
Great Wolf Trust 2019-WOLF A† | | 1.118% (1 Mo. LIBOR + 1.03%) | # | 12/15/2036 | | | 33 | | | | 33,028 | |
JP Morgan Chase Commercial Mortgage Securities Trust 2018-LAQ A† | | 1.084% (1 Mo. LIBOR + 1.00%) | # | 6/15/2032 | | | 6 | | | | 5,570 | |
JPMorgan Chase Commercial Mortgage Securities Trust 2018-LAQ B† | | 1.384% (1 Mo. LIBOR + 1.30%) | # | 6/15/2032 | | | 17 | | | | 16,820 | |
| See Notes to Schedule of Investments. | 49 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Investments | | Interest Rate | | | Maturity Date | | Principal Amount (000) | | | Fair Value | |
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | | | | | | | | | | |
New Residential Mortgage Loan Trust 2020-NQM1 A1† | | | 2.464% | #(h) | | 1/26/2060 | | $ | 45 | | | $ | 45,290 | |
Residential Mortgage Loan Trust 2020-1 A1† | | | 2.376% | #(h) | | 2/25/2024 | | | 49 | | | | 49,022 | |
Verus Securitization Trust 2020-1 A1† | | | 2.417% | | | 1/25/2060 | | | 35 | | | | 35,344 | |
Verus Securitization Trust 2020-5 A1† | | | 1.218% | | | 5/25/2065 | | | 64 | | | | 63,885 | |
ZH Trust 2021-2 A† | | | 2.349% | | | 10/17/2027 | | | 100 | | | | 100,722 | (a) |
Total Non-Agency Commercial Mortgage-Backed Securities (cost $520,927) | | | | | | | | | | 521,132 | |
| | | | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS 6.67% | | | | | | | | | | | | | | |
U.S. Treasury Bill | | Zero Coupon | | | 1/27/2022 | | | 302 | | | | 301,960 | |
U.S. Treasury Bond | | | 1.125% | | | 5/15/2040 | | | 165 | | | | 142,667 | |
U.S. Treasury Bond | | | 2.00% | | | 8/15/2051 | | | 252 | | | | 247,590 | |
U.S. Treasury Note | | | 0.125% | | | 8/31/2023 | | | 123 | | | | 122,683 | |
Total U.S. Treasury Obligations (cost $820,759) | | | | | | | | | | | | | 814,900 | |
Total Long-Term Investments (cost $11,724,149) | | | | | | | | | | | | | 11,835,494 | |
| | | | | | | | | | | | | | |
SHORT-TERM INVESTMENTS 1.77% | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
Repurchase Agreements | | | | | | | | | | | | | | |
Repurchase Agreement dated 9/30/2021, 0.00% due 10/1/2021 with Fixed Income Clearing Corp. collateralized by $221,000 of U.S. Treasury Note at 1.250% due 06/30/2028; value: $221,017; proceeds: $216,593 (cost $216,593) | | | | | | | | | 217 | | | | 216,593 | |
Total Investments in Securities 98.61% (cost $11,940,742) | | | | | | | | | | | | | 12,052,087 | |
Other Assets and Liabilities – Net(i) 1.39% | | | | | | | | | | | | | 170,035 | |
Net Assets 100.00% | | | | | | | | | | | | $ | 12,222,122 | |
AUD | | Australian Dollar. |
BRL | | Brazilian Real. |
CAD | | Canadian Dollar. |
CNY | | Chinese Yuan Renminbi. |
EUR | | Euro. |
GBP | | British Pound. |
JPY | | Japanese Yen. |
NZD | | New Zealand Dollar. |
SEK | | Swedish Krona. |
ZAR | | South African Rand. |
EUAMDB05 | | 5-year EUR Mid-Market Swap Rate. |
LIBOR | | London Interbank Offered Rate. |
PIK | | Payment-in-kind. |
SOFR | | Secured Over Night Financing Rate. |
50 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
† | | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2021, the total value of Rule 144A securities was $4,771,109, which represents 39.04% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at September 30, 2021. |
(a) | | Level 3 Investment as described in Note 2(b) in the Notes to Financials. Security valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 investments. |
(b) | | Investment in non-U.S. dollar denominated securities. |
(c) | | Security is perpetual in nature and has no stated maturity. |
(d) | | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the London Interbank Offered Rate (“LIBOR”) or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at September 30, 2021. |
(e) | | Foreign security traded in U.S. dollars. |
(f) | | Interest Rate to be determined. |
(g) | | Level 3 Investment as described in Note 2(b) in the Notes to Financials. Floating Rate Loans categorized as Level 3 are valued based on a single quotation obtained from a dealer. Accounting principles generally accepted in the United States of America do not require the Fund to create quantitative unobservable inputs that were not developed by the Fund. Therefore, the Fund does not have access to unobservable inputs and cannot disclose such inputs in the valuation. |
(h) | | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. |
(i) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swaps as follows: |
Centrally Cleared Credit Default Swaps on Indexes - Buy Protection at September 30, 2021(1):
Referenced Indexes | | Central Clearing Party | | Fund Pays (Quarterly | ) | Termination Date | | Notional Amount | | | Notional Value | | | Payments Upfront(2) | | Unrealized Appreciation(3) | |
Markit CDX.NA.HY.37(4)(5) | | Bank of America | | 5.00% | | 12/20/2026 | | | $454,000 | | | | $496,134 | | | $ | (42,450 | ) | | $ | 316 | |
Markit CDX.NA.IG.37(4)(6) | | Bank of America | | 1.00% | | 12/20/2026 | | | 250,000 | | | | 255,970 | | | | (6,201 | ) | | | 231 | |
| | | | | | | | | | | | | | | | $ | (48,651 | ) | | $ | 547 | |
| | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swaps on Indexes - Sell Protection at September 30, 2021(1): |
| | | | | | | | | | | | | | | | | |
Referenced Indexes | | Central Clearing Party | | Fund Pays (Quarterly | ) | Termination Date | | Notional Amount | | | Notional Value | | | Payments Upfront(2) | | Unrealized Depreciation(3) | |
Markit CDX.NA.EM.36(4)(7) | | Bank of America | | 1.00% | | 12/20/2026 | | $ | 330,000 | | | $ | 316,817 | | | $ | (11,113 | ) | | | $(2,070 | ) |
| (1) | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities. If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities. |
| (2) | Upfront payments paid/received by Central Clearing Party are presented net of amortization. |
| | |
| See Notes to Schedule of Investments. | 51 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
| (3) | Total unrealized appreciation on Credit Default Swaps on Indexes amounted to $547. Total unrealized depreciation on Credit Default Swaps on Indexes amounted to $2,070. |
| (4) | Central Clearinghouse: Intercontinental Exchange (ICE). |
| (5) | The Referenced Index is for the Centrally Cleared Credit Default Swaps on Indexes, which is comprised of a basket of high yield securities. |
| (6) | The Referenced Index is for the Centrally Cleared Credit Default Swaps on Indexes, which is comprised of a basket of investment grade securities. |
| (7) | The Referenced Index is for the Centrally Cleared Credit Default Swaps on Indexes, which is comprised of a basket of emerging markets sovereign issuers. |
Open Forward Foreign Currency Exchange Contracts at September 30, 2021:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | | U.S. $ Current Value | | | Unrealized Appreciation | |
British pound | | Buy | | Morgan Stanley | | 12/7/2021 | | 24,000 | | $ | 32,242 | | | $ | 32,339 | | | | $ | 97 | |
Canadian dollar | | Buy | | State Street Bank and Trust | | 10/20/2021 | | 98,000 | | | 76,788 | | | | 77,370 | | | | | 582 | |
Chinese yuan renminbi | | Buy | | Goldman Sachs | | 10/21/2021 | | 1,670,000 | | | 255,288 | | | | 258,728 | | | | | 3,440 | |
Chinese yuan renminbi | | Buy | | State Street Bank and Trust | | 10/21/2021 | | 920,000 | | | 140,909 | | | | 142,533 | | | | | 1,624 | |
Chinese yuan renminbi | | Buy | | State Street Bank and Trust | | 10/21/2021 | | 79,000 | | | 12,234 | | | | 12,239 | | | | | 5 | |
Colombian peso | | Buy | | State Street Bank and Trust | | 11/4/2021 | | 39,000,000 | | | 9,972 | | | | 10,219 | | | | | 247 | |
Russian ruble | | Buy | | State Street Bank and Trust | | 11/23/2021 | | 1,475,000 | | | 19,556 | | | | 20,110 | | | | | 554 | |
Australian dollar | | Sell | | State Street Bank and Trust | | 12/1/2021 | | 127,000 | | | 92,744 | | | | 91,836 | | | | | 908 | |
Brazilian real | | Sell | | State Street Bank and Trust | | 12/17/2021 | | 46,000 | | | 8,620 | | | | 8,342 | | | | | 278 | |
British pound | | Sell | | Bank of America | | 12/7/2021 | | 23,000 | | | 31,413 | | | | 30,991 | | | | | 422 | |
British pound | | Sell | | Barclays Bank plc | | 12/7/2021 | | 194,000 | | | 268,960 | | | | 261,405 | | | | | 7,555 | |
British pound | | Sell | | State Street Bank and Trust | | 12/7/2021 | | 9,000 | | | 12,336 | | | | 12,127 | | | | | 209 | |
Euro | | Sell | | Bank of America | | 12/10/2021 | | 36,000 | | | 42,201 | | | | 41,756 | | | | | 445 | |
Euro | | Sell | | State Street Bank and Trust | | 12/10/2021 | | 17,000 | | | 20,183 | | | | 19,718 | | | | | 465 | |
Euro | | Sell | | State Street Bank and Trust | | 12/10/2021 | | 237,000 | | | 280,690 | | | | 274,891 | | | | | 5,799 | |
Euro | | Sell | | State Street Bank and Trust | | 12/10/2021 | | 85,000 | | | 100,672 | | | | 98,590 | | | | | 2,082 | |
Japanese yen | | Sell | | Bank of America | | 11/8/2021 | | 10,285,000 | | | 94,124 | | | | 92,433 | | | | | 1,691 | |
Japanese yen | | Sell | | Bank of America | | 11/8/2021 | | 1,636,000 | | | 14,760 | | | | 14,703 | | | | | 57 | |
South African rand | | Sell | | State Street Bank and Trust | | 12/15/2021 | | 500,000 | | | 33,001 | | | | 32,878 | | | | | 123 | |
Unrealized Appreciation on Forward Foreign Currrency Exchange Contracts | | | | | | | | | | | $ | 26,583 | |
| | |
52 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | | U.S. $ Current Value | | | Unrealized Depreciation | |
Australian dollar | | Buy | | Morgan Stanley | | 12/1/2021 | | 127,000 | | $ | 91,857 | | | $ | 91,836 | | | | $ | (21 | ) |
Euro | | Buy | | Bank of America | | 12/10/2021 | | 77,000 | | | 90,345 | | | | 89,311 | | | | | (1,034 | ) |
Euro | | Buy | | Morgan Stanley | | 12/10/2021 | | 101,000 | | | 117,438 | | | | 117,148 | | | | | (290 | ) |
Euro | | Buy | | State Street Bank and Trust | | 12/10/2021 | | 19,000 | | | 22,256 | | | | 22,038 | | | | | (218 | ) |
Japanese yen | | Buy | | Goldman Sachs | | 11/8/2021 | | 154,600,000 | | | 1,413,158 | | | | 1,389,426 | | | | | (23,732 | ) |
Japanese yen | | Buy | | State Street Bank and Trust | | 11/8/2021 | | 1,379,000 | | | 12,548 | | | | 12,393 | | | | | (155 | ) |
Mexican peso | | Buy | | State Street Bank and Trust | | 12/17/2021 | | 558,000 | | | 27,747 | | | | 26,747 | | | | | (1,000 | ) |
New Zealand dollar | | Buy | | State Street Bank and Trust | | 10/29/2021 | | 27,000 | | | 18,714 | | | | 18,637 | | | | | (77 | ) |
Norwegian krone | | Buy | | Bank of America | | 12/13/2021 | | 103,000 | | | 11,870 | | | | 11,776 | | | | | (94 | ) |
South Korean won | | Buy | | Barclays Bank plc | | 11/12/2021 | | 153,000,000 | | | 133,207 | | | | 129,108 | | | | | (4,099 | ) |
South Korean won | | | | Buy Toronto Dominion Bank | | 11/12/2021 | | 72,915,000 | | | 62,469 | | | | 61,529 | | | | | (940 | ) |
Swedish krona | | Buy | | State Street Bank and Trust | | 10/21/2021 | | 185,000 | | | 21,321 | | | | 21,135 | | | | | (186 | ) |
Swiss franc | | Buy | | Morgan Stanley | | 10/21/2021 | | 55,000 | | | 60,370 | | | | 59,040 | | | | | (1,330 | ) |
Thai baht | | Buy | | Goldman Sachs | | 11/17/2021 | | 1,946,000 | | | 58,297 | | | | 57,498 | | | | | (799 | ) |
Chinese yuan renminbi | | | | Sell Toronto Dominion Bank | | 10/21/2021 | | 88,000 | | | 13,580 | | | | 13,634 | | | | | (54 | ) |
Japanese yen | | Sell | | State Street Bank and Trust | | 11/8/2021 | | 3,002,000 | | | 26,961 | | | | 26,980 | | | | | (19 | ) |
New Zealand dollar | | Sell | | Morgan Stanley | | 10/29/2021 | | 27,000 | | $ | 18,569 | | | $ | 18,637 | | | | | (68 | ) |
Unrealized Depreciation on Forward Foreign Currrency Exchange Contracts | | | | | | | | $ | (34,116 | ) |
Open Futures Contracts at September 30, 2021:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Appreciation | |
U.S. 10-Year Ultra Treasury Note | | December 2021 | | 2 | | Short | | $ | (296,762 | ) | | $ | (290,500 | ) | | | $ | 6,262 | |
U.S. 5-Year Treasury Note | | December 2021 | | 3 | | Short | | | (370,951 | ) | | | (368,226 | ) | | | | 2,725 | |
Total Unrealized Appreciation on Open Futures Contracts | | | | | | | | | | | | | $ | 8,987 | |
| | |
| See Notes to Schedule of Investments. | 53 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
The following is a summary of the inputs used as of September 30, 2021 in valuing the Fund’s investments carried at fair value(1):
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Long-Term Investments | | | | | | | | | | | | | | | | |
Asset-Backed Securities | | | | | | | | | | | | | | | | |
Others | | $ | – | | | $ | 431,139 | | | $ | 99,528 | | | $ | 530,667 | |
Remaining Industries | | | – | | | | 302,422 | | | | – | | | | 302,422 | |
Convertible Bonds | | | – | | | | 32,380 | | | | – | | | | 32,380 | |
Corporate Bonds | | | | | | | | | | | | | | | | |
Electric | | | – | | | | 355,001 | | | | 39,627 | | | | 394,628 | |
Multi-National | | | – | | | | 357,346 | | | | 27,486 | | | | 384,832 | |
Remaining Industries | | | – | | | | 5,424,457 | | | | – | | | | 5,424,457 | |
Floating Rate Loans | | | | | | | | | | | | | | | | |
Leisure | | | – | | | | 18,972 | | | | 14,982 | | | | 33,954 | |
Real Estate | | | – | | | | – | | | | 17,816 | | | | 17,816 | |
Remaining Industries | | | – | | | | 401,537 | | | | – | | | | 401,537 | |
Foreign Government Obligations | | | – | | | | 2,575,039 | | | | 181,298 | | | | 2,756,337 | |
Government Sponsored Enterprises Pass-Throughs | | | – | | | | 105,529 | | | | – | | | | 105,529 | |
Municipal Bonds | | | – | | | | 114,903 | | | | – | | | | 114,903 | |
Non-Agency Commercial Mortgage-Backed Securities | | | – | | | | 420,410 | | | | 100,722 | | | | 521,132 | |
U.S. Treasury Obligations | | | – | | | | 814,900 | | | | – | | | | 814,900 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 216,593 | | | | – | | | | 216,593 | |
Total | | $ | – | | | $ | 11,570,628 | | | $ | 481,459 | | | $ | 12,052,087 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swap Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 547 | | | $ | – | | | $ | 547 | |
Liabilities | | | – | | | | (2,070 | ) | | | – | | | | (2,070 | ) |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | | – | | | | 26,583 | | | | – | | | | 26,583 | |
Liabilities | | | – | | | | (34,116 | ) | | | – | | | | (34,116 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 8,987 | | | | – | | | | – | | | | 8,987 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Total | | $ | 8,987 | | | $ | (9,056 | ) | | $ | – | | | $ | (69 | ) |
| (1) | Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs. |
| (2) | See Schedule of Investments for fair values in each industry. The table above is presented by Investment Type. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three- tier fair value hierarchy. Each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |
A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets.
54 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2021
The following is a reconciliation of investments with unobservable inputs (Level 3) that were used in determining fair value:
Investment Type | | Asset- Backed Securities | | | Corporate Bonds | | | Floating Rate Loans | | | Foreign Government Obligations | | Non-Agency Commercial Mortgage- Backed Securities | |
Balance as of January 1, 2021 | | $ | – | | | $ | – | | | $ | – | | | $ | – | | | $ | 24,501 | |
Accrued Discounts (Premiums) | | | – | | | | (326 | ) | | | 2 | | | | (1,272 | ) | | | – | |
Realized Gain (Loss) | | | – | | | | – | | | | – | | | | – | | | | – | |
Change in Unrealized Appreciation (Depreciation) | | | (457 | ) | | | (839 | ) | | | 143 | | | | (11,212 | ) | | | 722 | |
Purchases | | | 99,985 | | | | 27,903 | | | | 32,743 | | | | – | | | | 100,000 | |
Sales | | | – | | | | – | | | | (90 | ) | | | – | | | | – | |
Transfers into Level 3 | | | – | | | | 40,375 | | | | – | | | | 193,782 | | | | – | |
Transfers out of Level 3 | | | – | | | | – | | | | – | | | | – | | | | (24,501 | ) |
Balance as of September 30, 2021 | | $ | 99,528 | | | $ | 67,113 | | | $ | 32,798 | | | $ | 181,298 | | | $ | 100,722 | |
Change in unrealized appreciation/depreciation for the period ended September 30, 2021, related to the Level 3 investments held at September 30, 2021 | | $ | (457 | ) | | $ | (839 | ) | | $ | 143 | | | $ | (11,212 | ) | | $ | 722 | |
| | |
| See Notes to Schedule of Investments. | 55 |
Notes to Schedule of Investments (unaudited)
Lord Abbett Global Fund, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “Act”), as an open-end management investment company and was incorporated under Maryland law on February 23, 1988. The Company consists of the following three funds (each, a “Fund” and collectively, the “Funds”): Lord Abbett Emerging Markets Corporate Debt Fund (“Emerging Markets Corporate Debt Fund”), Lord Abbett Emerging Markets Bond Fund and Lord Abbett Global Bond Fund (“Global Bond Fund”). Emerging Markets Corporate Debt Fund and Global Bond Fund are each diversified as defined in the Act and Emerging Markets Bond Fund is non-diversified as defined in the Act.
2. | SIGNIFICANT ACCOUNTING POLICIES |
(a) | Investment Valuation–Under procedures approved by the Funds’ Board of Trustees (the “Board”), Lord Abbett, each Fund’s investment manager, has formed a Pricing Committee to administer the pricing and valuation of portfolio investments and to ensure that prices utilized reasonably reflect fair value. Among other things, these procedures allow the Funds to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value. |
| |
| Securities actively traded on any recognized U.S. or non-U.S. exchange or on The NASDAQ Stock Market LLC are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close of regular trading on the New York Stock Exchange (“NYSE”). When valuing foreign equity securities that meet certain criteria, the Board has approved the use of an independent fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and asked prices. Fixed income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuations and the independent pricing services’ own electronic data processing techniques. Exchange traded options and futures contracts are valued at the last sale price in the market where they are principally traded. If no sale has occurred, the mean between the most recently quoted bid and asked prices is used. Floating rate loans are valued at the average of bid and ask quotations obtained from dealers in loans on the basis of prices supplied by independent pricing services. Forward foreign currency exchange contracts are valued using daily forward exchange rates. Swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. Investments in the Underlying Funds are valued at their net asset value (“NAV”) each business day at the close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time. |
| |
| Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use related or comparable assets or liabilities, recent transactions, market multiples, book values, yield curves, broker quotes, observable trading activity, option adjusted spread models |
56
Notes to Schedule of Investments (unaudited)(concluded)
| and other relevant information to determine the fair value of portfolio investments. The Board or a designated committee thereof regularly reviews fair value determinations made by the Pricing Committee and may employ techniques such as reviewing related market activity, reviewing inputs and assumptions, and retrospectively comparing prices of subsequent purchases and sales transactions to fair value determinations made by the Pricing Committee. |
| |
| Investments in open-end money market mutual funds are valued at their NAV as of the close of each business day. Short-term securities with 60 days or less remaining to maturity are valued using the amortized cost method, which approximates fair value. |
| |
(b) | Fair Value Measurements–Fair value is defined as the price that each Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market of the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk - for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy classification is determined based on the lowest level of inputs that is significant to the fair value measurement, and is summarized in the three broad Levels listed below: |
| · | Level 1 – | unadjusted quoted prices in active markets for identical investments; |
| | | |
| · | Level 2 – | other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.); and |
| | | |
| · | Level 3 – | significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments). |
| A summary of inputs used in valuing each Fund’s investments and other financial instruments as of September 30, 2021 and, if applicable, Level 3 rollforwards for the period then ended is included in each Fund’s Schedule of Investments. |
| |
| Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. |
3. | FEDERAL TAX INFORMATION |
It is the policy of the Fund to meet the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and to distribute substantially all taxable income and capital gains to its shareholders. Therefore, no income tax provision is required.
Each Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The statute of limitations on each Fund’s filed U.S. federal tax returns remains open generally three years after the filing of the tax return. The statutes of limitations on each Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.
57
QPHR-GLOBAL-3Q
(9/21)