Lord Abbett
Quarterly Portfolio Holdings Report
Lord Abbett
Emerging Markets Bond Fund
Emerging Markets Corporate Debt Fund
Global Bond Fund
For the period ended March 31, 2022
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
LONG-TERM INVESTMENTS 96.66% | | | | | | | | | | | | |
| | | | | | | | | | | | |
CORPORATE BONDS 31.91% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Bahrain 1.57% | | | | | | | | | | | | |
Sovereign | | | | | | | | | | | | |
CBB International Sukuk Co. 6 Spc† | | 5.25% | | 3/20/2025 | | $ | 1,680,000 | | | $ | 1,741,350 | |
CBB International Sukuk Programme Co. WLL† | | 6.25% | | 11/14/2024 | | | 1,050,000 | | | | 1,110,680 | |
Total Bahrain | | | | | | | | | | | 2,852,030 | |
| | | | | | | | | | | | |
Brazil 1.04% | | | | | | | | | | | | |
Banks 0.75% | | | | | | | | | | | | |
Banco do Brasil SA† | | 3.25% | | 9/30/2026 | | | 850,000 | | | | 819,153 | |
Itau Unibanco Holding SA† | | 4.50% (5 Yr. Treasury CMT + 2.82%) | # | 11/21/2029 | | | 550,000 | | | | 545,614 | |
| | | | | | | | | | | 1,364,767 | |
Media 0.29% | | | | | | | | | | | | |
Globo Comunicacao e Participacoes SA† | | 4.875% | | 1/22/2030 | | | 600,000 | | | | 531,363 | |
Total Brazil | | | | | | | | | | | 1,896,130 | |
| | | | | | | | | | | | |
Chile 2.02% | | | | | | | | | | | | |
Banks 0.25% | | | | | | | | | | | | |
Banco del Estado de Chile† | | 2.704% | | 1/9/2025 | | | 450,000 | | | | 447,012 | |
Chemicals 0.18% | | | | | | | | | | | | |
Sociedad Quimica y Minera de Chile SA† | | 3.50% | | 9/10/2051 | | | 380,000 | | | | 328,654 | |
Electric 0.24% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 498,652 | | | | 433,553 | |
Mining 0.85% | | | | | | | | | | | | |
Antofagasta plc† | | 2.375% | | 10/14/2030 | | | 900,000 | | | | 798,295 | |
Corp. Nacional del Cobre de Chile† | | 3.00% | | 9/30/2029 | | | 575,000 | | | | 548,801 | |
Corp. Nacional del Cobre de Chile† | | 3.15% | | 1/15/2051 | | | 250,000 | | | | 203,428 | |
| | | | | | | | | | | 1,550,524 | |
Oil & Gas 0.50% | | | | | | | | | | | | |
Empresa Nacional del Petroleo† | | 3.45% | | 9/16/2031 | | | 1,000,000 | | | | 918,545 | |
Total Chile | | | | | | | | | | | 3,678,288 | |
| | | | | | | | | | | | |
China 1.45% | | | | | | | | | | | | |
Engineering & Construction 0.94% | | | | | | | | | | | | |
China Railway Xunjie Co. Ltd. | | 3.25% | | 7/28/2026 | | | 500,000 | | | | 493,782 | |
Dianjian Haiyu Ltd. | | 3.50% (5 Yr. Treasury CMT + 6.77%) | # | – | (a) | | 1,221,000 | | | | 1,223,369 | |
| | | | | | | | | | | 1,717,151 | |
| See Notes to Schedule of Investments. | 1 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
China (continued) | | | | | | | | | | | | |
Internet 0.27% | | | | | | | | | | | | |
Prosus NV† | | 3.832% | | 2/8/2051 | | $ | 675,000 | | | $ | 493,596 | |
Investment Companies 0.13% | | | | | | | | | | | | |
Huarong Finance 2019 Co. Ltd. | | 3.375% | | 2/24/2030 | | | 270,000 | | | | 233,887 | |
Telecommunications 0.11% | | | | | | | | | | | | |
Xiaomi Best Time International Ltd.† | | 4.10% | | 7/14/2051 | | | 230,000 | | | | 191,387 | |
Total China | | | | | | | | | | | 2,636,021 | |
| | | | | | | | | | | | |
Colombia 0.61% | | | | | | | | | | | | |
Oil & Gas 0.30% | | | | | | | | | | | | |
Ecopetrol SA | | 5.875% | | 11/2/2051 | | | 650,000 | | | | 554,102 | |
Pipelines 0.31% | | | | | | | | | | | | |
AI Candelaria Spain SA† | | 5.75% | | 6/15/2033 | | | 437,000 | | | | 376,089 | |
Oleoducto Central SA† | | 4.00% | | 7/14/2027 | | | 200,000 | | | | 188,746 | |
| | | | | | | | | | | 564,835 | |
Total Colombia | | | | | | | | | | | 1,118,937 | |
| | | | | | | | | | | | |
India 1.41% | | | | | | | | | | | | |
Commercial Services 0.53% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 5.00% | | 8/2/2041 | | | 1,000,000 | | | | 956,567 | |
Diversified Financial Services 0.16% | | | | | | | | | | | | |
Power Finance Corp. Ltd.† | | 3.95% | | 4/23/2030 | | | 300,000 | | | | 287,670 | |
Oil & Gas 0.48% | | | | | | | | | | | | |
Reliance Industries Ltd.† | | 2.875% | | 1/12/2032 | | | 950,000 | | | | 872,652 | |
Transportation 0.24% | | | | | | | | | | | | |
Indian Railway Finance Corp. Ltd. | | 2.80% | | 2/10/2031 | | | 500,000 | | | | 446,097 | |
Total India | | | | | | | | | | | 2,562,986 | |
| | | | | | | | | | | | |
Indonesia 2.48% | | | | | | | | | | | | |
Coal 0.28% | | | | | | | | | | | | |
Indika Energy Capital IV Pte Ltd. | | 8.25% | | 10/22/2025 | | | 500,000 | | | | 507,125 | |
Electric 1.09% | | | | | | | | | | | | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 3.00% | | 6/30/2030 | | | 600,000 | | | | 547,887 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.00% | | 6/30/2050 | | | 560,000 | | | | 499,052 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.125% | | 5/15/2027 | | | 930,000 | | | | 941,439 | |
| | | | | | | | | | | 1,988,378 | |
2 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Indonesia (continued) | | | | | | | | | | | | |
Mining 0.27% | | | | | | | | | | | | |
Indonesia Asahan Aluminium Persero PT† | | 5.45% | | 5/15/2030 | | $ | 480,000 | | | $ | 501,862 | |
Oil & Gas 0.84% | | | | | | | | | | | | |
Pertamina Persero PT† | | 3.10% | | 1/21/2030 | | | 900,000 | | | | 854,666 | |
Pertamina Persero PT† | | 5.625% | | 5/20/2043 | | | 630,000 | | | | 670,371 | |
| | | | | | | | | | | 1,525,037 | |
Total Indonesia | | | | | | | | | | | 4,522,402 | |
| | | | | | | | | | | | |
Israel 0.35% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Bank Hapoalim BM† | | 3.255% (5 Yr. Treasury CMT + 2.16%) | # | 1/21/2032 | | | 480,000 | | | | 444,000 | |
Bank Leumi Le-Israel BM† | | 3.275% (5 Yr. Treasury CMT + 1.63%) | # | 1/29/2031 | | | 200,000 | | | | 188,500 | |
Total Israel | | | | | | | | | | | 632,500 | |
| | | | | | | | | | | | |
Jamaica 0.26% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
TransJamaican Highway Ltd.† | | 5.75% | | 10/10/2036 | | | 491,407 | | | | 467,549 | |
| | | | | | | | | | | | |
Kazakhstan 1.58% | | | | | | | | | | | | |
Oil & Gas 1.03% | | | | | | | | | | | | |
KazMunayGas National Co. JSC† | | 4.75% | | 4/19/2027 | | | 700,000 | | | | 680,792 | |
KazMunayGas National Co. JSC† | | 6.375% | | 10/24/2048 | | | 300,000 | | | | 283,982 | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 1,120,000 | | | | 913,814 | |
| | | | | | | | | | | 1,878,588 | |
Pipelines 0.55% | | | | | | | | | | | | |
KazTransGas JSC† | | 4.375% | | 9/26/2027 | | | 1,100,000 | | | | 996,160 | |
Total Kazakhstan | | | | | | | | | | | 2,874,748 | |
| | | | | | | | | | | | |
Kuwait 0.27% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
NBK Tier 1 Financing 2 Ltd.† | | 4.50% (6 Yr. Swap rate + 2.83%) | # | – | (a) | | 500,000 | | | | 488,230 | |
| | | | | | | | | | | | |
Malaysia 2.21% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Petronas Capital Ltd.† | | 2.48% | | 1/28/2032 | | | 1,600,000 | | | | 1,492,505 | |
Petronas Capital Ltd.† | | 3.404% | | 4/28/2061 | | | 1,800,000 | | | | 1,601,070 | |
Petronas Energy Canada Ltd.† | | 2.112% | | 3/23/2028 | | | 1,000,000 | | | | 937,287 | |
Total Malaysia | | | | | | | | | | | 4,030,862 | |
| See Notes to Schedule of Investments. | 3 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Mexico 5.09% | | | | | | | | | | | | |
Banks 0.48% | | | | | | | | | | | | |
Banco Nacional de Comercio Exterior SNC† | | 2.72% (5 Yr. Treasury CMT + 2.00%) | # | 8/11/2031 | | $ | 420,000 | | | $ | 400,054 | |
BBVA Bancomer SA† | | 5.125% (5 Yr. Treasury CMT + 2.65%) | # | 1/18/2033 | | | 500,000 | | | | 472,818 | |
| | | | | | | | | | | 872,872 | |
Electric 0.70% | | | | | | | | | | | | |
Comision Federal de Electricidad† | | 4.677% | | 2/9/2051 | | | 800,000 | | | | 658,748 | |
Comision Federal de Electricidad† | | 4.688% | | 5/15/2029 | | | 625,000 | | | | 614,153 | |
| | | | | | | | | | | 1,272,901 | |
Oil & Gas 3.91% | | | | | | | | | | | | |
Petroleos Mexicanos | | 6.50% | | 6/2/2041 | | | 2,375,000 | | | | 1,974,314 | |
Petroleos Mexicanos | | 6.70% | | 2/16/2032 | | | 4,002,000 | | | | 3,806,062 | (b) |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 1,649,000 | | | | 1,343,473 | |
| | | | | | | | | | | 7,123,849 | |
Total Mexico | | | | | | | | | | | 9,269,622 | |
| | | | | | | | | | | | |
Morocco 0.34% | | | | | | | | | | | | |
Chemicals | | | | | | | | | | | | |
OCP SA† | | 5.125% | | 6/23/2051 | | | 500,000 | | | | 417,500 | |
OCP SA† | | 6.875% | | 4/25/2044 | | | 200,000 | | | | 203,750 | |
Total Morocco | | | | | | | | | | | 621,250 | |
| | | | | | | | | | | | |
Oman 1.36% | | | | | | | | | | | | |
Electric 0.65% | | | | | | | | | | | | |
OmGrid Funding Ltd.† | | 5.196% | | 5/16/2027 | | | 1,200,000 | | | | 1,190,070 | |
Oil & Gas 0.71% | | | | | | | | | | | | |
OQ SAOC† | | 5.125% | | 5/6/2028 | | | 1,300,000 | | | | 1,288,696 | |
Total Oman | | | | | | | | | | | 2,478,766 | |
| | | | | | | | | | | | |
Pakistan 0.61% | | | | | | | | | | | | |
Sovereign | | | | | | | | | | | | |
Third Pakistan International Sukuk Co. Ltd. (The)† | | 5.625% | | 12/5/2022 | | | 1,150,000 | | | | 1,114,982 | |
| | | | | | | | | | | | |
Panama 0.60% | | | | | | | | | | | | |
Banks 0.24% | | | | | | | | | | | | |
Banco Nacional de Panama† | | 2.50% | | 8/11/2030 | | | 500,000 | | | | 442,583 | |
Electric 0.11% | | | | | | | | | | | | |
AES Panama Generation Holdings SRL† | | 4.375% | | 5/31/2030 | | | 200,000 | | | | 190,903 | |
Multi-National 0.25% | | | | | | | | | | | | |
Banco Latinoamericano de Comercio Exterior SA† | | 2.375% | | 9/14/2025 | | | 478,000 | | | | 461,172 | |
Total Panama | | | | | | | | | | | 1,094,658 | |
4 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Paraguay 0.15% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | $ | 300,000 | | | $ | 274,559 | |
| | | | | | | | | | | | |
Peru 0.84% | | | | | | | | | | | | |
Banks 0.60% | | | | | | | | | | | | |
Banco Internacional del Peru SAA Interbank† | | 3.25% | | 10/4/2026 | | | 590,000 | | | | 583,669 | |
Banco Internacional del Peru SAA Interbank† | | 3.375% | | 1/18/2023 | | | 520,000 | | | | 522,114 | |
| | | | | | | | | | | 1,105,783 | |
Oil & Gas 0.24% | | | | | | | | | | | | |
Hunt Oil Co. of Peru LLC Sucursal Del Peru† | | 6.375% | | 6/1/2028 | | | 431,100 | | | | 432,631 | |
Total Peru | | | | | | | | | | | 1,538,414 | |
| | | | | | | | | | | | |
Qatar 1.14% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Qatar Energy† | | 2.25% | | 7/12/2031 | | | 1,500,000 | | | | 1,383,711 | |
Qatar Petroleum† | | 3.30% | | 7/12/2051 | | | 750,000 | | | | 690,567 | |
Total Qatar | | | | | | | | | | | 2,074,278 | |
| | | | | | | | | | | | |
Russia 0.53% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Gazprom PJSC Via Gaz Capital SA† | | 4.95% | | 2/6/2028 | | | 700,000 | | | | 318,220 | |
Lukoil Capital DAC† | | 3.60% | | 10/26/2031 | | | 200,000 | | | | 107,000 | |
Lukoil Securities BV† | | 3.875% | | 5/6/2030 | | | 1,000,000 | | | | 533,035 | |
Total Russia | | | | | | | | | | | 958,255 | |
| | | | | | | | | | | | |
Saudi Arabia 0.78% | | | | | | | | | | | | |
Oil & Gas 0.42% | | | | | | | | | | | | |
SAGlobal Sukuk Ltd.† | | 1.602% | | 6/17/2026 | | | 240,000 | | | | 225,929 | |
Saudi Arabian Oil Co. | | 3.50% | | 4/16/2029 | | | 300,000 | | | | 302,436 | |
Saudi Arabian Oil Co.† | | 4.375% | | 4/16/2049 | | | 225,000 | | | | 229,982 | |
| | | | | | | | | | | 758,347 | |
Pipelines 0.36% | | | | | | | | | | | | |
EIG Pearl Holdings Sarl† | | 3.545% | | 8/31/2036 | | | 685,000 | | | | 654,547 | |
Total Saudi Arabia | | | | | | | | | | | 1,412,894 | |
| | | | | | | | | | | | |
South Africa 0.32% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
Eskom Holdings SOC Ltd.† | | 7.125% | | 2/11/2025 | | | 600,000 | | | | 581,118 | |
| See Notes to Schedule of Investments. | 5 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
South Korea 1.38% | | | | | | | | | | | | |
Oil & Gas 0.77% | | | | | | | | | | | | |
Korea National Oil Corp.† | | 2.125% | | 4/18/2027 | | $ | 1,500,000 | | | $ | 1,405,333 | |
Semiconductors 0.61% | | | | | | | | | | | | |
SK Hynix, Inc.† | | 2.375% | | 1/19/2031 | | | 1,270,000 | | | | 1,108,294 | |
Total South Korea | | | | | | | | | | | 2,513,627 | |
| | | | | | | | | | | | |
Supranational 0.26% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank (The)† | | 2.634% | | 5/17/2026 | | | 500,000 | | | | 466,565 | |
| | | | | | | | | | | | |
Thailand 0.53% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Thaioil Treasury Center Co. Ltd.† | | 3.50% | | 10/17/2049 | | | 1,300,000 | | | | 965,470 | |
| | | | | | | | | | | | |
Turkey 0.67% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Turkiye Garanti Bankasi AS† | | 5.875% | | 3/16/2023 | | | 1,200,000 | | | | 1,213,382 | |
| | | | | | | | | | | | |
Ukraine 0.22% | | | | | | | | | | | | |
Agriculture | | | | | | | | | | | | |
MHP Lux SA† | | 6.25% | | 9/19/2029 | | | 900,000 | | | | 403,875 | |
| | | | | | | | | | | | |
United Arab Emirates 1.72% | | | | | | | | | | | | |
Commercial Services 0.66% | | | | | | | | | | | | |
DP World Crescent Ltd. | | 3.875% | | 7/18/2029 | | | 1,200,000 | | | | 1,207,860 | |
Energy-Alternate Sources 0.34% | | | | | | | | | | | | |
Sweihan PV Power Co. PJSC† | | 3.625% | | 1/31/2049 | | | 670,000 | | | | 621,302 | |
Investment Companies 0.22% | | | | | | | | | | | | |
MDGH GMTN RSC Ltd.† | | 3.70% | | 11/7/2049 | | | 400,000 | | | | 395,658 | |
Pipelines 0.50% | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 1,000,000 | | | | 906,555 | |
Total United Arab Emirates | | | | | | | | | | | 3,131,375 | |
| | | | | | | | | | | | |
United States 0.12% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Citgo Holding, Inc.† | | 9.25% | | 8/1/2024 | | | 208,000 | | | | 210,323 | |
Total Corporate Bonds (cost $62,593,415) | | | | | | | | | | | 58,084,096 | |
6 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
FOREIGN GOVERNMENT OBLIGATIONS 64.75% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Angola 1.90% | | | | | | | | | | | | |
Angolan Government International Bond† | | 9.125% | | 11/26/2049 | | $ | 1,450,000 | | | $ | 1,415,707 | |
Republic of Angola† | | 8.25% | | 5/9/2028 | | | 2,000,000 | | | | 2,044,610 | |
Total Angola | | | | | | | | | | | 3,460,317 | |
| | | | | | | | | | | | |
Argentina 1.35% | | | | | | | | | | | | |
Argentine Republic Government International Bond | | 1.125% | | 7/9/2035 | | | 2,950,000 | | | | 903,172 | |
Argentine Republic Government International Bond | | 2.00% | | 1/9/2038 | | | 2,077,038 | | | | 786,367 | |
Argentine Republic Government International Bond | | 2.50% | | 7/9/2041 | | | 2,150,000 | | | | 761,981 | |
Total Argentina | | | | | | | | | | | 2,451,520 | |
| | | | | | | | | | | | |
Bahrain 1.98% | | | | | | | | | | | | |
Kingdom of Bahrain† | | 5.45% | | 9/16/2032 | | | 1,550,000 | | | | 1,482,732 | |
Kingdom of Bahrain† | | 6.00% | | 9/19/2044 | | | 300,000 | | | | 262,451 | |
Kingdom of Bahrain† | | 6.75% | | 9/20/2029 | | | 1,300,000 | | | | 1,373,593 | |
Kingdom of Bahrain† | | 7.00% | | 1/26/2026 | | | 450,000 | | | | 487,068 | |
Total Bahrain | | | | | | | | | | | 3,605,844 | |
| | | | | | | | | | | | |
Bermuda 0.16% | | | | | | | | | | | | |
Bermuda Government International Bond† | | 2.375% | | 8/20/2030 | | | 320,000 | | | | 294,400 | |
| | | | | | | | | | | | |
Brazil 1.69% | | | | | | | | | | | | |
Federal Republic of Brazil | | 3.75% | | 9/12/2031 | | | 1,650,000 | | | | 1,491,600 | |
Federal Republic of Brazil | | 4.75% | | 1/14/2050 | | | 1,431,000 | | | | 1,202,741 | |
Federal Republic of Brazil | | 5.00% | | 1/27/2045 | | | 436,000 | | | | 389,135 | |
Total Brazil | | | | | | | | | | | 3,083,476 | |
| | | | | | | | | | | | |
Chile 1.30% | | | | | | | | | | | | |
Chile Government International Bond | | 2.45% | | 1/31/2031 | | | 850,000 | | | | 798,175 | |
Chile Government International Bond | | 3.10% | | 5/7/2041 | | | 1,050,000 | | | | 926,373 | |
Chile Government International Bond | | 3.50% | | 1/25/2050 | | | 700,000 | | | | 642,558 | |
Total Chile | | | | | | | | | | | 2,367,106 | |
| | | | | | | | | | | | |
Colombia 3.45% | | | | | | | | | | | | |
Colombia Government International Bond | | 5.20% | | 5/15/2049 | | | 1,000,000 | | | | 856,020 | |
Republic of Colombia | | 3.00% | | 1/30/2030 | | | 1,305,000 | | | | 1,125,817 | |
Republic of Colombia | | 3.25% | | 4/22/2032 | | | 1,275,000 | | | | 1,067,647 | |
Republic of Colombia | | 3.875% | | 4/25/2027 | | | 860,000 | | | | 826,185 | |
Republic of Colombia | | 4.125% | | 5/15/2051 | | | 1,250,000 | | | | 946,150 | |
Republic of Colombia | | 5.00% | | 6/15/2045 | | | 1,735,000 | | | | 1,466,699 | |
Total Colombia | | | | | | | | | | | 6,288,518 | |
| See Notes to Schedule of Investments. | 7 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Costa Rica 1.13% | | | | | | | | | | | | |
Costa Rica Government† | | 4.375% | | 4/30/2025 | | $ | 640,000 | | | $ | 648,480 | |
Costa Rica Government† | | 5.625% | | 4/30/2043 | | | 1,262,000 | | | | 1,110,573 | |
Costa Rica Government† | | 6.125% | | 2/19/2031 | | | 285,000 | | | | 288,921 | |
Total Costa Rica | | | | | | | | | | | 2,047,974 | |
| | | | | | | | | | | | |
Dominican Republic 3.01% | | | | | | | | | | | | |
Dominican Republic† | | 4.50% | | 1/30/2030 | | | 1,428,000 | | | | 1,313,775 | |
Dominican Republic† | | 5.30% | | 1/21/2041 | | | 750,000 | | | | 653,445 | |
Dominican Republic† | | 5.875% | | 1/30/2060 | | | 1,300,000 | | | | 1,118,000 | |
Dominican Republic† | | 5.95% | | 1/25/2027 | | | 1,225,000 | | | | 1,261,762 | |
Dominican Republic† | | 6.40% | | 6/5/2049 | | | 575,000 | | | | 539,787 | |
Dominican Republic International Bond† | | 5.50% | | 2/22/2029 | | | 600,000 | | | | 594,000 | |
Total Dominican Republic | | | | | | | | | | | 5,480,769 | |
| | | | | | | | | | | | |
Ecuador 2.34% | | | | | | | | | | | | |
Ecuador Government International Bond† | | Zero Coupon | | 7/31/2030 | | | 796,229 | | | | 444,901 | |
Ecuador Government International Bond† | | 0.50% | | 7/31/2040 | | | 2,969,650 | | | | 1,703,867 | |
Ecuador Government International Bond† | | 1.00% | | 7/31/2035 | | | 1,275,000 | | | | 837,050 | |
Ecuador Government International Bond† | | 5.00% | | 7/31/2030 | | | 1,507,550 | | | | 1,266,357 | |
Total Ecuador | | | | | | | | | | | 4,252,175 | |
| | | | | | | | | | | | |
Egypt 2.81% | | | | | | | | | | | | |
Republic of Egypt† | | 3.875% | | 2/16/2026 | | | 3,400,000 | | | | 3,055,199 | |
Republic of Egypt† | | 7.30% | | 9/30/2033 | | | 1,000,000 | | | | 875,945 | |
Republic of Egypt† | | 7.903% | | 2/21/2048 | | | 920,000 | | | | 749,887 | |
Republic of Egypt† | | 8.75% | | 9/30/2051 | | | 500,000 | | | | 432,197 | |
Total Egypt | | | | | | | | | | | 5,113,228 | |
| | | | | | | | | | | | |
El Salvador 0.83% | | | | | | | | | | | | |
El Salvador Government International Bond† | | 7.65% | | 6/15/2035 | | | 950,000 | | | | 451,820 | |
El Salvador Government International Bond† | | 8.25% | | 4/10/2032 | | | 1,575,000 | | | | 791,453 | |
Republic of EI Salvador† | | 6.375% | | 1/18/2027 | | | 550,000 | | | | 275,006 | |
Total El Salvador | | | | | | | | | | | 1,518,279 | |
| | | | | | | | | | | | |
Gabon 0.44% | | | | | | | | | | | | |
Gabon Government International Bond† | | 7.00% | | 11/24/2031 | | | 832,000 | | | | 801,499 | |
| | | | | | | | | | | | |
Ghana 1.69% | | | | | | | | | | | | |
Republic of Ghana† | | 6.375% | | 2/11/2027 | | | 2,100,000 | | | | 1,586,014 | |
Republic of Ghana† | | 7.625% | | 5/16/2029 | | | 730,000 | | | | 533,448 | |
Republic of Ghana | | 7.875% | | 3/26/2027 | | | 325,000 | | | | 253,567 | |
8 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Ghana (continued) | | | | | | | | | | | | |
Republic of Ghana† | | 8.625% | | 4/7/2034 | | $ | 500,000 | | | $ | 358,125 | |
Republic of Ghana† | | 8.95% | | 3/26/2051 | | | 500,000 | | | | 350,750 | |
Total Ghana | | | | | | | | | | | 3,081,904 | |
| | | | | | | | | | | | |
Guatemala 0.70% | | | | | | | | | | | | |
Republic of Guatemala† | | 4.375% | | 6/5/2027 | | | 625,000 | | | | 631,562 | |
Republic of Guatemala† | | 6.125% | | 6/1/2050 | | | 600,000 | | | | 633,006 | |
Total Guatemala | | | | | | | | | | | 1,264,568 | |
| | | | | | | | | | | | |
Indonesia 1.60% | | | | | | | | | | | | |
Indonesia Government International Bond | | 1.85% | | 3/12/2031 | | | 1,000,000 | | | | 905,798 | |
Indonesia Government International Bond | | 3.05% | | 3/12/2051 | | | 1,700,000 | | | | 1,540,359 | |
Indonesia Government International Bond | | 3.50% | | 2/14/2050 | | | 500,000 | | | | 467,500 | |
Total Indonesia | | | | | | | | | | | 2,913,657 | |
| | | | | | | | | | | | |
Ivory Coast 0.31% | | | | | | | | | | | | |
Ivory Coast Government International Bond† | | 5.75% | | 12/31/2032 | | | 572,856 | | | | 563,869 | |
| | | | | | | | | | | | |
Jamaica 0.23% | | | | | | | | | | | | |
Jamaica Government International Bond | | 6.75% | | 4/28/2028 | | | 375,000 | | | | 414,375 | |
| | | | | | | | | | | | |
Jordan 0.26% | | | | | | | | | | | | |
Kingdom of Jordan† | | 5.85% | | 7/7/2030 | | | 500,000 | | | | 467,532 | |
| | | | | | | | | | | | |
Kazakhstan 0.96% | | | | | | | | | | | | |
Republic of Kazakhstan†(c) | | 1.50% | | 9/30/2034 | | EUR | 500,000 | | | | 424,333 | |
Republic of Kazakhstan† | | 3.875% | | 10/14/2024 | | $ | 422,000 | | | | 426,359 | |
Republic of Kazakhstan† | | 4.875% | | 10/14/2044 | | | 915,000 | | | | 905,283 | |
Total Kazakhstan | | | | | | | | | | | 1,755,975 | |
| | | | | | | | | | | | |
Kenya 0.90% | | | | | | | | | | | | |
Kenya Government International Bond† | | 7.25% | | 2/28/2028 | | | 300,000 | | | | 290,043 | |
Republic of Kenya† | | 6.30% | | 1/23/2034 | | | 1,000,000 | | | | 862,500 | |
Republic of Kenya† | | 7.00% | | 5/22/2027 | | | 500,000 | | | | 483,232 | |
Total Kenya | | | | | | | | | | | 1,635,775 | |
| | | | | | | | | | | | |
Lebanon 0.13% | | | | | | | | | | | | |
Republic of Lebanon(d) | | 6.65% | | 2/26/2030 | | | 1,948,000 | | | | 236,195 | |
| | | | | | | | | | | | |
Mexico 1.37% | | | | | | | | | | | | |
Mexico Government International Bond | | 4.40% | | 2/12/2052 | | | 1,188,000 | | | | 1,093,667 | |
United Mexican States | | 2.659% | | 5/24/2031 | | | 714,000 | | | | 652,025 | |
| See Notes to Schedule of Investments. | 9 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Mexico (continued) | | | | | | | | | | | | |
United Mexican States | | 3.771% | | 5/24/2061 | | $ | 930,000 | | | $ | 754,634 | |
Total Mexico | | | | | | | | | | | 2,500,326 | |
| | | | | | | | | | | | |
Mongolia 0.46% | | | | | | | | | | | | |
Development Bank of Mongolia LLC† | | 7.25% | | 10/23/2023 | | | 822,000 | | | | 831,186 | |
| | | | | | | | | | | | |
Morocco 0.68% | | | | | | | | | | | | |
Morocco Government International Bond† | | 3.00% | | 12/15/2032 | | | 970,000 | | | | 842,688 | |
Morocco Government International Bond† | | 4.00% | | 12/15/2050 | | | 500,000 | | | | 402,200 | |
Total Morocco | | | | | | | | | | | 1,244,888 | |
| | | | | | | | | | | | |
Nigeria 2.47% | | | | | | | | | | | | |
Republic of Nigeria† | | 6.50% | | 11/28/2027 | | | 2,150,000 | | | | 2,050,455 | |
Republic of Nigeria† | | 7.375% | | 9/28/2033 | | | 1,730,000 | | | | 1,576,895 | |
Republic of Nigeria† | | 9.248% | | 1/21/2049 | | | 900,000 | | | | 860,297 | |
Total Nigeria | | | | | | | | | | | 4,487,647 | |
| | | | | | | | | | | | |
Oman 2.69% | | | | | | | | | | | | |
Oman Government International Bond† | | 4.75% | | 6/15/2026 | | | 3,550,000 | | | | 3,573,430 | |
Oman Government International Bond† | | 6.25% | | 1/25/2031 | | | 300,000 | | | | 318,423 | |
Oman Government International Bond† | | 6.75% | | 1/17/2048 | | | 1,000,000 | | | | 1,001,835 | |
Total Oman | | | | | | | | | | | 4,893,688 | |
| | | | | | | | | | | | |
Panama 2.66% | | | | | | | | | | | | |
Panama Government International Bond | | 4.30% | | 4/29/2053 | | | 925,000 | | | | 891,450 | |
Republic of Panama | | 2.252% | | 9/29/2032 | | | 1,300,000 | | | | 1,151,553 | |
Republic of Panama | | 3.87% | | 7/23/2060 | | | 1,010,000 | | | | 887,295 | |
Republic of Panama | | 4.50% | | 4/16/2050 | | | 1,475,000 | | | | 1,460,471 | |
Republic of Panama | | 4.50% | | 4/1/2056 | | | 460,000 | | | | 451,297 | |
Total Panama | | | | | | | | | | | 4,842,066 | |
| | | | | | | | | | | | |
Paraguay 1.03% | | | | | | | | | | | | |
Paraguay Government International Bond† | | 3.849% | | 6/28/2033 | | | 500,000 | | | | 483,750 | |
Republic of Paraguay† | | 5.40% | | 3/30/2050 | | | 1,375,000 | | | | 1,397,344 | |
Total Paraguay | | | | | | | | | | | 1,881,094 | |
| | | | | | | | | | | | |
Peru 1.65% | | | | | | | | | | | | |
Republic of Peru | | 1.862% | | 12/1/2032 | | | 1,000,000 | | | | 856,950 | |
Republic of Peru | | 2.78% | | 12/1/2060 | | | 465,000 | | | | 365,076 | |
Republic of Peru | | 3.00% | | 1/15/2034 | | | 1,900,000 | | | | 1,775,854 | |
Total Peru | | | | | | | | | | | 2,997,880 | |
10 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Philippines 1.55% | | | | | | | | | | | | |
Philippine Government International Bond | | 2.65% | | 12/10/2045 | | $ | 2,800,000 | | | $ | 2,307,004 | |
Philippine Government International Bond | | 3.229% | | 3/29/2027 | | | 500,000 | | | | 507,093 | |
Total Philippines | | | | | | | | | | | 2,814,097 | |
| | | | | | | | | | | | |
Qatar 3.19% | | | | | | | | | | | | |
State of Qatar† | | 3.25% | | 6/2/2026 | | | 2,359,000 | | | | 2,407,482 | |
State of Qatar† | | 4.00% | | 3/14/2029 | | | 1,650,000 | | | | 1,765,266 | |
State of Qatar | | 4.40% | | 4/16/2050 | | | 500,000 | | | | 563,288 | |
State of Qatar† | | 4.40% | | 4/16/2050 | | | 950,000 | | | | 1,070,247 | |
Total Qatar | | | | | | | | | | | 5,806,283 | |
| | | | | | | | | | | | |
Romania 0.46% | | | | | | | | | | | | |
Romanian Government International Bond†(c) | | 2.625% | | 12/2/2040 | | EUR | 1,000,000 | | | | 845,236 | |
| | | | | | | | | | | | |
Russia 0.37% | | | | | | | | | | | | |
Russian Federation† | | 4.25% | | 6/23/2027 | | $ | 800,000 | | | | 200,000 | |
Russian Federation† | | 5.25% | | 6/23/2047 | | | 2,000,000 | | | | 480,000 | |
Total Russia | | | | | | | | | | | 680,000 | |
| | | | | | | | | | | | |
Saudi Arabia 3.05% | | | | | | | | | | | | |
KSA Sukuk Ltd.† | | 2.25% | | 5/17/2031 | | | 1,000,000 | | | | 942,559 | |
Saudi International Bond† | | 3.25% | | 11/17/2051 | | | 500,000 | | | | 441,994 | |
Saudi International Bond† | | 3.45% | | 2/2/2061 | | | 2,700,000 | | | | 2,400,187 | |
Saudi International Bond† | | 3.625% | | 3/4/2028 | | | 1,702,000 | | | | 1,761,042 | |
Total Saudi Arabia | | | | | | | | | | | 5,545,782 | |
| | | | | | | | | | | | |
Senegal 0.69% | | | | | | | | | | | | |
Republic of Senegal† | | 6.25% | | 5/23/2033 | | | 1,100,000 | | | | 1,041,095 | |
Senegal Government International Bond†(c) | | 5.375% | | 6/8/2037 | | EUR | 220,000 | | | | 207,241 | |
Total Senegal | | | | | | | | | | | 1,248,336 | |
| | | | | | | | | | | | |
South Africa 2.39% | | | | | | | | | | | | |
Republic of South Africa | | 4.30% | | 10/12/2028 | | $ | 2,870,000 | | | | 2,781,004 | |
South Africa Government International Bond | | 5.75% | | 9/30/2049 | | | 1,800,000 | | | | 1,577,268 | |
Total South Africa | | | | | | | | | | | 4,358,272 | |
| | | | | | | | | | | | |
Sri Lanka 1.20% | | | | | | | | | | | | |
Republic of Sri Lanka† | | 5.75% | | 4/18/2023 | | | 1,531,000 | | | | 766,174 | |
Republic of Sri Lanka† | | 6.75% | | 4/18/2028 | | | 1,130,000 | | | | 538,558 | |
Republic of Sri Lanka† | | 7.55% | | 3/28/2030 | | | 550,000 | | | | 259,875 | |
Sri Lanka Government International Bond† | | 5.875% | | 7/25/2022 | | | 920,000 | | | | 625,600 | |
Total Sri Lanka | | | | | | | | | | | 2,190,207 | |
| See Notes to Schedule of Investments. | 11 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Tunisia 0.30% | | | | | | | | | | | | |
Banque Centrale de Tunisie International Bond | | 5.75% | | 1/30/2025 | | $ | 800,000 | | | $ | 540,800 | |
| | | | | | | | | | | | |
Turkey 3.55% | | | | | | | | | | | | |
Republic of Turkey | | 4.25% | | 4/14/2026 | | | 2,100,000 | | | | 1,896,331 | |
Republic of Turkey | | 5.25% | | 3/13/2030 | | | 1,445,000 | | | | 1,221,805 | |
Republic of Turkey | | 5.75% | | 5/11/2047 | | | 1,250,000 | | | | 937,382 | |
Republic of Turkey | | 5.95% | | 1/15/2031 | | | 500,000 | | | | 432,568 | |
Republic of Turkey | | 6.35% | | 8/10/2024 | | | 1,040,000 | | | | 1,035,052 | |
Republic of Turkey | | 8.60% | | 9/24/2027 | | | 400,000 | | | | 410,920 | |
Turkiye Ihracat Kredi Bankasi AS† | | 5.75% | | 7/6/2026 | | | 580,000 | | | | 532,571 | |
Total Turkey | | | | | | | | | | | 6,466,629 | |
| | | | | | | | | | | | |
Ukraine 0.99% | | | | | | | | | | | | |
Ukraine Government† | | 7.253% | | 3/15/2033 | | | 730,000 | | | | 321,017 | |
Ukraine Government† | | 7.375% | | 9/25/2032 | | | 1,606,000 | | | | 681,739 | |
Ukraine Government† | | 8.994% | | 2/1/2024 | | | 1,220,000 | | | | 554,329 | |
Ukraine Government International Bond | | Zero Coupon | #(e) | 5/31/2040 | | | 230,000 | | | | 76,204 | |
Ukraine Government International Bond† | | 7.75% | | 9/1/2023 | | | 320,000 | | | | 164,640 | |
Total Ukraine | | | | | | | | | | | 1,797,929 | |
| | | | | | | | | | | | |
United Arab Emirates 2.52% | | | | | | | | | | | | |
Abu Dhabi Government International Bond† | | 1.70% | | 3/2/2031 | | | 1,989,000 | | | | 1,817,528 | |
Abu Dhabi Government International Bond† | | 1.875% | | 9/15/2031 | | | 1,000,000 | | | | 924,210 | |
Abu Dhabi Government International Bond† | | 3.125% | | 9/30/2049 | | | 1,000,000 | | | | 918,130 | |
UAE International Government Bond† | | 3.25% | | 10/19/2061 | | | 1,000,000 | | | | 922,562 | |
Total United Arab Emirates | | | | | | | | | | | 4,582,430 | |
| | | | | | | | | | | | |
Uruguay 1.74% | | | | | | | | | | | | |
Republic of Uruguay | | 4.375% | | 1/23/2031 | | | 400,000 | | | | 436,876 | |
Republic of Uruguay | | 4.975% | | 4/20/2055 | | | 1,428,000 | | | | 1,670,075 | |
Republic of Uruguay | | 5.10% | | 6/18/2050 | | | 896,000 | | | | 1,058,942 | |
Total Uruguay | | | | | | | | | | | 3,165,893 | |
| | | | | | | | | | | | |
Uzbekistan 0.57% | | | | | | | | | | | | |
Republic of Uzbekistan† | | 3.70% | | 11/25/2030 | | | 500,000 | | | | 436,250 | |
Republic of Uzbekistan† | | 4.75% | | 2/20/2024 | | | 600,000 | | | | 601,893 | |
Total Uzbekistan | | | | | | | | | | | 1,038,143 | |
Total Foreign Government Obligations (cost $135,822,647) | | | | | | | | | | | 117,857,767 | |
Total Long-Term Investments (cost $198,416,062) | | | | | | | | | | | 175,941,863 | |
12 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investments | | Principal Amount | | | Fair Value | |
SHORT-TERM INVESTMENTS 2.69% | | | | | | | | |
| | | | | | | | |
Repurchase Agreements 2.69% | | | | | | | | |
Repurchase Agreement dated 3/31/2022, 0.00% due 4/1/2022 with Fixed Income Clearing Corp. collateralized by $5,338,100 of U.S. Treasury Note at 1.25% due 04/30/2028; value: $4,999,980; proceeds: $4,901,894 (cost $4,901,894) | | $ | 4,901,894 | | | $ | 4,901,894 | |
Total Investments in Securities 99.35% (cost $203,317,956) | | | | | | | 180,843,757 | |
Other Assets and Liabilities – Net(f) 0.65% | | | | | | | 1,184,791 | |
Net Assets 100.00% | | | | | | $ | 182,028,548 | |
| 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 March 31, 2022, the total value of Rule 144A securities was $118,048,058, which represents 64.85% of net assets. |
| # | | Variable rate security. The interest rate represents the rate in effect at March 31, 2022. |
| (a) | | Security is perpetual in nature and has no stated maturity. |
| (b) | | Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. 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. |
| (c) | | Investment in non-U.S. dollar denominated securities. |
| (d) | | Defaulted (non-income producing security). |
| (e) | | Variable Rate is Fixed to Float: Rate remains fixed or at Zero Coupon until designated future date. |
| (f) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swaps as follows: |
Open Consumer Price Index (“CPI”) Centrally Cleared Swaps at March 31, 2022:
Swap Counterparty | | Payments to be Made By The Fund at Termination Date | | Payments to be Received By The Fund at Termination Date | | Termination Date | | Notional Amount | | Value/Unrealized Appreciation |
Bank of America | | 2.865% | | CPI Urban Consumer NSA | | 2/28/2032 | | $281,000 | | $5,655 |
Open Forward Foreign Currency Exchange Contracts at March 31, 2022:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | Unrealized Depreciation |
Russian ruble | | Buy | | State Street Bank and Trust | | 4/14/2022 | | 23,300,000 | | $ 302,283 | | $ 281,665 | | $ | (20,618) |
Euro | | Sell | | Morgan Stanley | | 6/10/2022 | | 1,266,000 | | 1,388,397 | | 1,403,943 | | | (15,546) |
Russian ruble | | Sell | | State Street Bank and Trust | | 4/14/2022 | | 23,300,000 | | 205,286 | | 281,665 | | | (76,379) |
Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | | $ | (112,543) |
| See Notes to Schedule of Investments. | 13 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Open Futures Contracts at March 31, 2022:
| | | | | | | | Notional | | | Notional | | | Unrealized | |
Type | | Expiration | | Contracts | | Position | | Amount | | | Value | | | Appreciation | |
Euro-Bund | | June 2022 | | 8 | | Short | | EUR | (1,343,665) | | | EUR | (1,269,280) | | | | $ | 82,288 | |
Euro-Buxl | | June 2022 | | 3 | | Short | | | (621,534) | | | | (558,600) | | | | | 69,621 | |
U.S. 10-Year Ultra Treasury Note | | June 2022 | | 116 | | Short | | $ | (16,148,188) | | | $ | (15,714,375) | | | | | 433,813 | |
U.S. 5-Year Treasury Note | | June 2022 | | 32 | | Short | | | (3,762,938) | | | | (3,670,000) | | | | | 92,938 | |
U.S. Ultra Treasury Bond | | June 2022 | | 37 | | Short | | | (6,824,288) | | | | (6,553,625) | | | | | 270,663 | |
Total Unrealized Appreciation on Open Futures Contracts | | | | $ | 949,323 | |
| | | | | | | | Notional | | | Notional | | | Unrealized | |
Type | | Expiration | | Contracts | | Position | | Amount | | | Value | | | Depreciation | |
U.S. 2-Year Treasury Note | | June 2022 | | 43 | | Long | | $ | 9,224,559 | | | $ | 9,112,640 | | | | $ | (111,919) | |
U.S. Treasury Long Bond | | June 2022 | | 108 | | Long | | | 16,706,507 | | | | 16,206,750 | | | | | (499,757) | |
Total Unrealized Depreciation on Open Futures Contracts | | | | | | | | | | | | | | | | | $ | (611,676) | |
Reverse Repurchase Agreements Payable as of March 31, 2022:
| | | | Counterparty Held | | Interest | | Trade | | Maturity | | Fair |
Counterparty | | Principal | | by Collateral | | Rate(1) | | Date | | Date(2) | | Value(3) |
Barclays Capital, Inc. | | $126,750 | | $200,000 principal, Republic of Sri Lanka at 5.875% due 7/25/2022, $136,000 fair value | | (5.00%) | | 02/03/2022 | | On Demand | | $125,711 |
(1) | | The negative interest rate on the reverse repurchase agreement results in interest income to the Fund. |
(2) | | This reverse repurchase agreement has no stated maturity and may be terminated by either party at any time. |
(3) | | Total fair value of reverse repurchase agreement is presented net of interest receivable of $1,039. |
The following is a summary of the inputs used as of March 31, 2022 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 | | | | | | | | | | | | | | | | |
Mexico | | $ | – | | | $ | 5,463,560 | | | $ | 3,806,062 | | | $ | 9,269,622 | |
Remaining Countries | | | – | | | | 48,814,474 | | | | – | | | | 48,814,474 | |
Foreign Government Obligations | | | – | | | | 117,857,767 | | | | – | | | | 117,857,767 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 4,901,894 | | | | – | | | | 4,901,894 | |
Total | | $ | – | | | $ | 177,037,695 | | | $ | 3,806,062 | | | $ | 180,843,757 | |
14 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND March 31, 2022
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Centrally Cleared CPI Swap Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 5,655 | | | $ | – | | | $ | 5,655 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | | – | | | | – | | | | – | | | | – | |
Liabilities | | | – | | | | (112,543 | ) | | | – | | | | (112,543 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 949,323 | | | | – | | | | – | | | | 949,323 | |
Liabilities | | | (611,676 | ) | | | – | | | | – | | | | (611,676 | ) |
Reverse Repurchase Agreements | | | | | | | | | | | | | | | | |
Assets | | | – | | | | – | | | | – | | | | – | |
Liabilities | | | – | | | | (125,711 | ) | | | – | | | | (125,711 | ) |
Total | | $ | 337,647 | | | $ | (232,599 | ) | | $ | – | | | $ | 105,048 | |
(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 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. When applicable 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.
The following is a reconciliation of investments with unobservable inputs (Level 3) that were used in determining fair value:
| | Municipal | |
Investment Type | | Bonds | |
Balance as of January 1, 2022 | | $ | – | |
Accrued Discounts (Premiums) | | | 9 | |
Realized Gain (Loss) | | | – | |
Change in Unrealized Appreciation (Depreciation) | | | (142,828 | ) |
Purchases | | | 3,948,881 | |
Sales | | | – | |
Transfers into Level 3 | | | – | |
Transfers out of Level 3 | | | – | |
Balance as of March 31, 2022 | | $ | 3,806,062 | |
Change in unrealized appreciation/depreciation for the period ended March 31, 2022, related to Level 3 investments held at March 31, 2022 | | $ | (142,828 | ) |
| See Notes to Schedule of Investments. | 15 |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | | | | | Shares | | | Fair Value | |
LONG-TERM INVESTMENTS 94.23% | | | | | | | | | | | | |
| | | | | | | | | | | | |
COMMON STOCKS 0.20% | | | | | | | | | | | | |
| | | | | | | | | | | | |
China 0.05% | | | | | | | | | | | | |
Internet & Catalog Retail | | | | | | | | | | | | |
Alibaba Group Holding Ltd. ADR* | | | | | | | 331 | | | $ | 36,013 | |
| | | | | | | | | | | | |
United States 0.15% | | | | | | | | | | | | |
Chemicals 0.10% | | | | | | | | | | | | |
Mosaic Co. (The) | | | | | | | 1,291 | | | | 85,852 | |
Food Products 0.05% | | | | | | | | | | | | |
Archer-Daniels-Midland Co. | | | | | | | 412 | | | | 37,187 | |
Total United States | | | | | | | | | | | 123,039 | |
Total Common Stocks (cost $145,497) | | | | | | | | | | | 159,052 | |
| | | | | | | | | | | | |
| | Interest Rate | | Maturity Date | | Principal Amount | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | |
CONVERTIBLE BONDS 0.48% | | | | | | | | | | | | |
| | | | | | | | | | | | |
China 0.17% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
Pinduoduo, Inc. | | Zero Coupon | | 12/1/2025 | | $ | 49,000 | | | | 43,095 | |
Weibo Corp. | | 1.25% | | 11/15/2022 | | | 98,000 | | | | 95,795 | |
| | | | | | | | | | | | |
United Arab Emirates 0.23% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Abu Dhabi National Oil Co. | | 0.70% | | 6/4/2024 | | | 200,000 | | | | 189,760 | |
| | | | | | | | | | | | |
United States 0.08% | | | | | | | | | | | | |
Airlines | | | | | | | | | | | | |
JetBlue Airways Corp.† | | 0.50% | | 4/1/2026 | | | 70,000 | | | | 65,481 | |
Total Convertible Bonds (cost $418,798) | | | | | | | | | | | 394,131 | |
| | | | | | | | | | | | |
CORPORATE BONDS 90.77% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Argentina 2.07% | | | | | | | | | | | | |
Electric 0.65% | | | | | | | | | | | | |
Pampa Energia SA† | | 7.50% | | 1/24/2027 | | | 200,000 | | | | 175,800 | |
Pampa Energia SA† | | 9.125% | | 4/15/2029 | | | 400,000 | | | | 356,820 | |
| | | | | | | | | | | 532,620 | |
16 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Argentina (continued) | | | | | | | | | | | | |
Energy-Alternate Sources 0.43% | | | | | | | | | | | | |
YPF Energia Electrica SA† | | 10.00% | | 7/25/2026 | | $ | 392,000 | | | $ | 355,220 | |
Food 0.04% | | | | | | | | | | | | |
Arcor SAIC† | | 6.00% | | 7/6/2023 | | | 30,000 | | | | 29,812 | |
Oil & Gas 0.95% | | | | | | | | | | | | |
YPF SA† | | 6.95% | | 7/21/2027 | | | 1,035,000 | | | | 776,519 | |
Total Argentina | | | | | | | | | | | 1,694,171 | |
| | | | | | | | | | | | |
Brazil 6.12% | | | | | | | | | | | | |
Banks 0.67% | | | | | | | | | | | | |
Banco Bradesco SA/Cayman Islands† | | 4.375% | | 3/18/2027 | | | 300,000 | | | | 300,755 | |
Itau Unibanco Holding SA† | | 4.50% (5 Yr. Treasury CMT + 2.82%) | # | 11/21/2029 | | | 250,000 | | | | 248,006 | |
| | | | | | | | | | | 548,761 | |
Chemicals 0.24% | | | | | | | | | | | | |
Braskem Netherlands Finance BV† | | 4.50% | | 1/31/2030 | | | 200,000 | | | | 193,929 | |
Commercial Services 0.33% | | | | | | | | | | | | |
Movida Europe SA† | | 5.25% | | 2/8/2031 | | | 300,000 | | | | 269,294 | |
Diversified Financial Services 0.46% | | | | | | | | | | | | |
XP, Inc.† | | 3.25% | | 7/1/2026 | | | 400,000 | | | | 379,308 | |
Forest Products & Paper 0.21% | | | | | | | | | | | | |
Suzano Austria GmbH | | 3.125% | | 1/15/2032 | | | 192,000 | | | | 170,417 | |
Health Care-Services 0.34% | | | | | | | | | | | | |
Rede D’or Finance Sarl | | 4.50% | | 1/22/2030 | | | 300,000 | | | | 275,709 | |
Internet 0.21% | | | | | | | | | | | | |
B2W Digital Lux Sarl† | | 4.375% | | 12/20/2030 | | | 200,000 | | | | 172,546 | |
Iron-Steel 1.17% | | | | | | | | | | | | |
CSN Inova Ventures† | | 6.75% | | 1/28/2028 | | | 200,000 | | | | 207,475 | |
CSN Resources SA† | | 4.625% | | 6/10/2031 | | | 200,000 | | | | 182,639 | |
GUSAP III LP† | | 4.25% | | 1/21/2030 | | | 300,000 | | | | 301,503 | |
Vale Overseas Ltd. | | 3.75% | | 7/8/2030 | | | 275,000 | | | | 265,768 | |
| | | | | | | | | | | 957,385 | |
Mining 0.50% | | | | | | | | | | | | |
Nexa Resources SA† | | 5.375% | | 5/4/2027 | | | 400,000 | | | | 406,744 | |
Oil & Gas 0.97% | | | | | | | | | | | | |
MC Brazil Downstream Trading Sarl† | | 7.25% | | 6/30/2031 | | | 411,000 | | | | 378,697 | |
Petrobras Global Finance BV | | 5.50% | | 6/10/2051 | | | 484,000 | | | | 416,008 | |
| | | | | | | | | | | 794,705 | |
| See Notes to Schedule of Investments. | 17 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Brazil (continued) | | | | | | | | | | | | |
Retail 0.25% | | | | | | | | | | | | |
Arcos Dorados Holdings, Inc.† | | 5.875% | | 4/4/2027 | | $ | 200,000 | | | $ | 205,036 | |
Transportation 0.52% | | | | | | | | | | | | |
Hidrovias International Finance SARL† | | 4.95% | | 2/8/2031 | | | 200,000 | | | | 168,734 | |
Rumo Luxembourg Sarl† | | 4.20% | | 1/18/2032 | | | 300,000 | | | | 260,320 | |
| | | | | | | | | | | 429,054 | |
Water 0.25% | | | | | | | | | | | | |
Aegea Finance Sarl† | | 5.75% | | 10/10/2024 | | | 200,000 | | | | 201,748 | |
Total Brazil | | | | | | | | | | | 5,004,636 | |
| | | | | | | | | | | | |
Canada 0.09% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
MEG Energy Corp.† | | 5.875% | | 2/1/2029 | | | 73,000 | | | | 74,143 | |
| | | | | | | | | | | | |
Chile 3.79% | | | | | | | | | | | | |
Banks 0.73% | | | | | | | | | | | | |
Banco de Credito e Inversiones SA† | | 3.50% | | 10/12/2027 | | | 200,000 | | | | 203,374 | |
Banco del Estado de Chile† | | 2.704% | | 1/9/2025 | | | 200,000 | | | | 198,672 | |
Banco Santander Chile† | | 2.70% | | 1/10/2025 | | | 200,000 | | | | 195,950 | |
| | | | | | | | | | | 597,996 | |
Chemicals 0.21% | | | | | | | | | | | | |
Sociedad Quimica y Minera de Chile SA† | | 3.50% | | 9/10/2051 | | | 200,000 | | | | 172,976 | |
Electric 0.52% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 249,326 | | | | 216,776 | |
Engie Energia Chile SA† | | 4.50% | | 1/29/2025 | | | 200,000 | | | | 205,994 | |
| | | | | | | | | | | 422,770 | |
Engineering & Construction 0.58% | | | | | | | | | | | | |
ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Par† | | 4.05% | | 4/27/2026 | | | 500,000 | | | | 475,628 | |
Forest Products & Paper 0.44% | | | | | | | | | | | | |
Inversiones CMPC SA† | | 3.00% | | 4/6/2031 | | | 400,000 | | | | 361,312 | |
Media 0.24% | | | | | | | | | | | | |
VTR Finance NV† | | 6.375% | | 7/15/2028 | | | 200,000 | | | | 194,151 | |
Mining 0.62% | | | | | | | | | | | | |
Antofagasta plc† | | 2.375% | | 10/14/2030 | | | 200,000 | | | | 177,399 | |
Corp. Nacional del Cobre de Chile† | | 3.00% | | 9/30/2029 | | | 350,000 | | | | 334,053 | |
| | | | | | | | | | | 511,452 | |
Pipelines 0.22% | | | | | | | | | | | | |
GNL Quintero SA† | | 4.634% | | 7/31/2029 | | | 176,480 | | | | 178,693 | |
18 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Chile (continued) | | | | | | | | | | | | |
Telecommunications 0.23% | | | | | | | | | | | | |
Telefonica Moviles Chile SA† | | 3.537% | | 11/18/2031 | | $ | 200,000 | | | $ | 186,297 | |
Total Chile | | | | | | | | | | | 3,101,275 | |
| | | | | | | | | | | | |
China 4.99% | | | | | | | | | | | | |
Chemicals 0.58% | | | | | | | | | | | | |
Tianqi Finco Co. Ltd. | | 3.75% | | 11/28/2022 | | | 500,000 | | | | 473,125 | |
Gas 0.46% | | | | | | | | | | | | |
ENN Clean Energy International Investment Ltd.† | | 3.375% | | 5/12/2026 | | | 400,000 | | | | 374,473 | |
Internet 2.22% | | | | | | | | | | | | |
Baidu, Inc. | | 2.375% | | 10/9/2030 | | | 200,000 | | | | 176,682 | |
Baidu, Inc. | | 2.375% | | 8/23/2031 | | | 270,000 | | | | 236,283 | |
Meituan† | | 2.125% | | 10/28/2025 | | | 300,000 | | | | 266,882 | |
Prosus NV† | | 3.257% | | 1/19/2027 | | | 200,000 | | | | 183,022 | |
Prosus NV† | | 3.832% | | 2/8/2051 | | | 400,000 | | | | 292,501 | |
Tencent Holdings Ltd.† | | 2.39% | | 6/3/2030 | | | 300,000 | | | | 267,076 | |
Weibo Corp. | | 3.50% | | 7/5/2024 | | | 400,000 | | | | 390,806 | |
| | | | | | | | | | | 1,813,252 | |
Investment Companies 0.66% | | | | | | | | | | | | |
Huarong Finance 2019 Co. Ltd. | | 1.613% (3 Mo. LIBOR + 1.13%) | # | 2/24/2023 | | | 200,000 | | | | 197,000 | |
Huarong Finance 2019 Co. Ltd. | | 3.375% | | 2/24/2030 | | | 400,000 | | | | 346,500 | |
| | | | | | | | | | | 543,500 | |
Real Estate 0.65% | | | | | | | | | | | | |
Country Garden Holdings Co. Ltd. | | 5.125% | | 1/14/2027 | | | 300,000 | | | | 217,500 | |
Kaisa Group Holdings Ltd.† | | 11.95% | | 10/22/2022 | | | 200,000 | | | | 40,500 | |
Shimao Group Holdings Ltd. | | 3.45% | | 1/11/2031 | | | 400,000 | | | | 102,000 | |
Shimao Group Holdings Ltd. | | 5.20% | | 1/16/2027 | | | 200,000 | | | | 56,000 | |
Sunac China Holdings Ltd. | | 7.50% | | 2/1/2024 | | | 450,000 | | | | 117,000 | |
| | | | | | | | | | | 533,000 | |
Telecommunications 0.42% | | | | | | | | | | | | |
Xiaomi Best Time International Ltd. | | 2.875% | | 7/14/2031 | | | 200,000 | | | | 172,803 | |
Xiaomi Best Time International Ltd.† | | 4.10% | | 7/14/2051 | | | 200,000 | | | | 166,424 | |
| | | | | | | | | | | 339,227 | |
Total China | | | | | | | | | | | 4,076,577 | |
| See Notes to Schedule of Investments. | 19 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Colombia 4.47% | | | | | | | | | | | | |
Banks 0.74% | | | | | | | | | | | | |
Banco de Bogota SA† | | 6.25% | | 5/12/2026 | | $ | 400,000 | | | $ | 409,518 | |
Bancolombia SA | | 4.625% (5 Yr. Treasury CMT + 2.94%) | # | 12/18/2029 | | | 200,000 | | | | 192,911 | |
| | | | | | | | | | | 602,429 | |
Diversified Financial Services 0.25% | | | | | | | | | | | | |
SURA Asset Management SA† | | 4.375% | | 4/11/2027 | | | 200,000 | | | | 201,707 | |
Oil & Gas 2.35% | | | | | | | | | | | | |
Canacol Energy Ltd.† | | 5.75% | | 11/24/2028 | | | 527,000 | | | | 496,426 | |
Ecopetrol SA | | 4.125% | | 1/16/2025 | | | 235,000 | | | | 231,775 | |
Ecopetrol SA | | 4.625% | | 11/2/2031 | | | 275,000 | | | | 249,261 | |
Ecopetrol SA | | 5.875% | | 11/2/2051 | | | 467,000 | | | | 398,101 | |
SierraCol Energy Andina LLC† | | 6.00% | | 6/15/2028 | | | 600,000 | | | | 545,712 | |
| | | | | | | | | | | 1,921,275 | |
Pipelines 0.49% | | | | | | | | | | | | |
AI Candelaria Spain SA† | | 5.75% | | 6/15/2033 | | | 250,000 | | | | 215,154 | |
Oleoducto Central SA† | | 4.00% | | 7/14/2027 | | | 200,000 | | | | 188,746 | |
| | | | | | | | | | | 403,900 | |
Telecommunications 0.64% | | | | | | | | | | | | |
Millicom International Cellular S.A.† | | 4.50% | | 4/27/2031 | | | 566,000 | | | | 527,840 | |
Total Colombia | | | | | | | | | | | 3,657,151 | |
| | | | | | | | | | | | |
Dominican Republic 0.81% | | | | | | | | | | | | |
Electric 0.35% | | | | | | | | | | | | |
AES Andres B.V.† | | 5.70% | | 5/4/2028 | | | 300,000 | | | | 284,321 | |
Energy-Alternate Sources 0.46% | | | | | | | | | | | | |
Empresa Generadora de Electricidad Haina SA† | | 5.625% | | 11/8/2028 | | | 408,000 | | | | 378,685 | |
Total Dominican Republic | | | | | | | | | | | 663,006 | |
| | | | | | | | | | | | |
Ghana 1.10% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Kosmos Energy Ltd.† | | 7.50% | | 3/1/2028 | | | 514,000 | | | | 496,601 | |
Kosmos Energy Ltd.† | | 7.75% | | 5/1/2027 | | | 200,000 | | | | 197,188 | |
Tullow Oil plc† | | 10.25% | | 5/15/2026 | | | 200,000 | | | | 204,033 | |
Total Ghana | | | | | | | | | | | 897,822 | |
20 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Guatemala 0.97% | | | | | | | | | | | | |
Beverages 0.23% | | | | | | | | | | | | |
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL† | | 5.25% | | 4/27/2029 | | $ | 190,000 | | | $ | 189,322 | |
Energy-Alternate Sources 0.50% | | | | | | | | | | | | |
Investment Energy Resources Ltd.† | | 6.25% | | 4/26/2029 | | | 400,000 | | | | 404,580 | |
Telecommunications 0.24% | | | | | | | | | | | | |
CT Trust† | | 5.125% | | 2/3/2032 | | | 200,000 | | | | 200,088 | |
Total Guatemala | | | | | | | | | | | 793,990 | |
| | | | | | | | | | | | |
Hong Kong 0.25% | | | | | | | | | | | | |
Real Estate | | | | | | | | | | | | |
Swire Properties MTN Financing Ltd. | | 3.625% | | 1/13/2026 | | | 200,000 | | | | 203,265 | |
| | | | | | | | | | |
India 6.19% | | | | | | | | | | | | |
Banks 0.34% | | | | | | | | | | | | |
Axis Bank Ltd/Gift City† | | 4.10% (5 Yr. Treasury CMT + 3.32%) | # | – | (a) | | 300,000 | | | | 282,071 | |
Commercial Services 0.70% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 5.00% | | 8/2/2041 | | | 300,000 | | | | 286,970 | |
JSW Infrastructure Ltd.† | | 4.95% | | 1/21/2029 | | | 300,000 | | | | 286,422 | |
| | | | | | | | | | | 573,392 | |
Computers 0.82% | | | | | | | | | | | | |
CA Magnum Holdings† | | 5.375% | | 10/31/2026 | | | 400,000 | | | | 395,000 | |
Wipro IT Services LLC† | | 1.50% | | 6/23/2026 | | | 300,000 | | | | 277,554 | |
| | | | | | | | | | | 672,554 | |
Diversified Financial Services 0.47% | | | | | | | | | | | | |
Power Finance Corp. Ltd.† | | 3.95% | | 4/23/2030 | | | 400,000 | | | | 383,560 | |
Electric 0.84% | | | | | | | | | | | | |
Adani Green Energy Ltd. | | 4.375% | | 9/8/2024 | | | 200,000 | | | | 195,380 | |
Adani Transmission Ltd.† | | 4.00% | | 8/3/2026 | | | 300,000 | | | | 291,141 | |
Greenko Investment Co.† | | 4.875% | | 8/16/2023 | | | 200,000 | | | | 201,000 | |
| | | | | | | | | | | 687,521 | |
Energy-Alternate Sources 0.23% | | | | | | | | | | | | |
Greenko Dutch BV† | | 3.85% | | 3/29/2026 | | | 194,000 | | | | 186,153 | |
Engineering & Construction 0.76% | | | | | | | | | | | | |
GMR Hyderabad International Airport Ltd.† | | 4.25% | | 10/27/2027 | | | 400,000 | | | | 365,500 | |
Summit Digitel Infrastructure Pvt Ltd.† | | 2.875% | | 8/12/2031 | | | 300,000 | | | | 258,998 | |
| | | | | | | | | | | 624,498 | |
| See Notes to Schedule of Investments. | 21 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
India (continued) | | | | | | | | | | | | |
Iron-Steel 0.48% | | | | | | | | | | | | |
JSW Steel Ltd.† | | 5.05% | | 4/5/2032 | | $ | 200,000 | | | $ | 186,526 | |
JSW Steel Ltd. | | 5.95% | | 4/18/2024 | | | 200,000 | | | | 204,550 | |
| | | | | | | | | | | 391,076 | |
Mining 0.88% | | | | | | | | | | | | |
Vedanta Resources Ltd.† | | 6.125% | | 8/9/2024 | | | 600,000 | | | | 525,750 | |
Vedanta Resources Ltd.† | | 6.375% | | 7/30/2022 | | | 200,000 | | | | 194,708 | |
| | | | | | | | | | | 720,458 | |
Oil & Gas 0.34% | | | | | | | | | | | | |
Reliance Industries Ltd.† | | 2.875% | | 1/12/2032 | | | 300,000 | | | | 275,574 | |
Transportation 0.33% | | | | | | | | | | | | |
Indian Railway Finance Corp. Ltd. | | 2.80% | | 2/10/2031 | | | 300,000 | | | | 267,658 | |
Total India | | | | | | | | | | | 5,064,515 | |
| | | | | | | | | | | | |
Indonesia 4.62% | | | | | | | | | | | | |
Coal 0.62% | | | | | | | | | | | | |
Indika Energy Capital IV Pte Ltd. | | 8.25% | | 10/22/2025 | | | 500,000 | | | | 507,125 | |
Electric 2.67% | | | | | | | | | | | | |
Cikarang Listrindo Tbk PT† | | 4.95% | | 9/14/2026 | | | 600,000 | | | | 595,371 | |
Minejesa Capital BV† | | 4.625% | | 8/10/2030 | | | 600,000 | | | | 571,500 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 3.00% | | 6/30/2030 | | | 900,000 | | | | 821,830 | |
Star Energy Geothermal Darajat II / Star Energy Geothermal Salak† | | 4.85% | | 10/14/2038 | | | 200,000 | | | | 198,320 | |
| | | | | | | | | | | 2,187,021 | |
Mining 0.48% | | | | | | | | | | | | |
Bukit Makmur Mandiri Utama PT† | | 7.75% | | 2/10/2026 | | | 200,000 | | | | 185,500 | |
Indonesia Asahan Aluminium Persero PT | | 5.45% | | 5/15/2030 | | | 200,000 | | | | 209,109 | |
| | | | | | | | | | | 394,609 | |
Oil & Gas 0.85% | | | | | | | | | | | | |
Medco Bell Pte Ltd.† | | 6.375% | | 1/30/2027 | | | 400,000 | | | | 386,578 | |
Pertamina Persero PT† | | 4.30% | | 5/20/2023 | | | 300,000 | | | | 304,569 | |
| | | | | | | | | | | 691,147 | |
Total Indonesia | | | | | | | | | | | 3,779,902 | |
22 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Israel 2.64% | | | | | | | | | | | | |
Banks 0.46% | | | | | | | | | | | | |
Bank Hapoalim BM† | | 3.255% (5 Yr. Treasury CMT + 2.16%) | # | 1/21/2032 | | $ | 200,000 | | | $ | 185,000 | |
Bank Leumi Le-Israel BM† | | 3.275% (5 Yr. Treasury CMT + 1.63%) | # | 1/29/2031 | | | 200,000 | | | | 188,500 | |
| | | | | | | | | | | 373,500 | |
Electric 0.31% | | | | | | | | | | | | |
Israel Electric Corp. Ltd.† | | 4.25% | | 8/14/2028 | | | 250,000 | | | | 252,601 | |
Pharmaceuticals 1.87% | | | | | | | | | | | | |
Teva Pharmaceutical Finance Netherlands III BV | | 3.15% | | 10/1/2026 | | | 779,000 | | | | 706,709 | |
Teva Pharmaceutical Finance Netherlands III BV | | 4.10% | | 10/1/2046 | | | 292,000 | | | | 229,814 | |
Teva Pharmaceutical Finance Netherlands III BV | | 5.125% | | 5/9/2029 | | | 350,000 | | | | 336,910 | |
Teva Pharmaceutical Finance Netherlands III BV | | 6.00% | | 4/15/2024 | | | 250,000 | | | | 256,557 | |
| | | | | | | | | | | 1,529,990 | |
Total Israel | | | | | | | | | | | 2,156,091 | |
| | | | | | | | | | | | |
Jamaica 0.53% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Digicel Group Holdings Ltd. PIK 2.00% | | 10.00% | | 4/1/2024 | | | 259,822 | | | | 245,185 | |
Digicel International Finance Ltd./Digicel international Holdings Ltd. | | 8.75% | | 5/25/2024 | | | 192,000 | | | | 191,341 | |
Total Jamaica | | | | | | | | | | | 436,526 | |
| | | | | | | | | | | | |
Kazakhstan 0.86% | | | | | | | | | | | | |
Oil & Gas 0.60% | | | | | | | | | | | | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 600,000 | | | | 489,543 | |
Transportation 0.26% | | | | | | | | | | | | |
Kazakhstan Temir Zholy Finance BV† | | 6.95% | | 7/10/2042 | | | 200,000 | | | | 209,000 | |
Total Kazakhstan | | | | | | | | | | | 698,543 | |
| | | | | | | | | | | | |
Kuwait 2.18% | | | | | | | | | | | | |
Banks 1.27% | | | | | | | | | | | | |
NBK SPC Ltd.† | | 1.625% (SOFR + 1.05%) | # | 9/15/2027 | | | 600,000 | | | | 549,632 | |
NBK SPC Ltd.† | | 2.75% | | 5/30/2022 | | | 200,000 | | | | 200,286 | |
NBK Tier 1 Financing 2 Ltd.† | | 4.50% (6 Yr. Swap rate + 2.83%) | # | – | (a) | | 300,000 | | | | 292,938 | |
| | | | | | | | | | | 1,042,856 | |
Chemicals 0.91% | | | | | | | | | | | | |
Equate Petrochemical BV† | | 2.625% | | 4/28/2028 | | | 800,000 | | | | 743,000 | |
Total Kuwait | | | | | | | | | | | 1,785,856 | |
| See Notes to Schedule of Investments. | 23 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Luxembourg 0.26% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Altice France Holding SA† | | 10.50% | | 5/15/2027 | | $ | 200,000 | | | $ | 209,540 | |
| | | | | | | | | | | | |
Macau 1.53% | | | | | | | | | | | | |
Lodging | | | | | | | | | | | | |
MGM China Holdings Ltd.† | | 4.75% | | 2/1/2027 | | | 200,000 | | | | 176,346 | |
Sands China Ltd.† | | 3.25% | | 8/8/2031 | | | 200,000 | | | | 164,000 | |
Sands China Ltd. | | 3.80% | | 1/8/2026 | | | 335,000 | | | | 318,669 | |
Studio City Co. Ltd.† | | 7.00% | | 2/15/2027 | | | 200,000 | | | | 195,621 | |
Wynn Macau Ltd.† | | 5.625% | | 8/26/2028 | | | 450,000 | | | | 391,783 | |
Total Macau | | | | | | | | | | | 1,246,419 | |
| | | | | | | | | | | | |
Mexico 6.10% | | | | | | | | | | | | |
Banks 1.39% | | | | | | | | | | | | |
Banco Mercantil del Norte SA/Grand Cayman† | | 6.625% (10 Yr. Treasury CMT + 5.03%) | # | – | (a) | | 250,000 | | | | 231,000 | |
Banco Nacional de Comercio Exterior SNC† | | 2.72% (5 Yr. Treasury CMT + 2.00%) | # | 8/11/2031 | | | 200,000 | | | | 190,502 | |
BBVA Bancomer SA† | | 5.125% (5 Yr. Treasury CMT + 2.65%) | # | 1/18/2033 | | | 450,000 | | | | 425,536 | |
BBVA Bancomer SA/Texas† | | 1.875% | | 9/18/2025 | | | 300,000 | | | | 286,213 | |
| | | | | | | | | | | 1,133,251 | |
Building Materials 0.91% | | | | | | | | | | | | |
Cemex SAB de CV† | | 3.875% | | 7/11/2031 | | | 600,000 | | | | 548,520 | |
Cemex SAB de CV† | | 5.125% (5 Yr. Treasury CMT + 4.53%) | # | – | (a) | | 200,000 | | | | 196,579 | |
| | | | | | | | | | | 745,099 | |
Chemicals 0.70% | | | | | | | | | | | | |
Braskem Idesa SAPI† | | 7.45% | | 11/15/2029 | | | 200,000 | | | | 203,562 | |
Orbia Advance Corp. SAB de CV† | | 1.875% | | 5/11/2026 | | | 200,000 | | | | 187,704 | |
Orbia Advance Corp. SAB de CV | | 2.875% | | 5/11/2031 | | | 200,000 | | | | 177,399 | |
| | | | | | | | | | | 568,665 | |
Food 0.24% | | | | | | | | | | | | |
Grupo KUO SAB De CV† | | 5.75% | | 7/7/2027 | | | 200,000 | | | | 197,442 | |
Mining 0.45% | | | | | | | | | | | | |
Industrias Penoles SAB de CV† | | 4.75% | | 8/6/2050 | | | 200,000 | | | | 182,614 | |
Minera Mexico SA de CV† | | 4.50% | | 1/26/2050 | | | 200,000 | | | | 187,757 | |
| | | | | | | | | | | 370,371 | |
24 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Mexico (continued) | | | | | | | | | | | | |
Oil & Gas 0.97% | | | | | | | | | | | | |
Petroleos Mexicanos | | 5.35% | | 2/12/2028 | | $ | 140,000 | | | $ | 133,527 | |
Petroleos Mexicanos | | 6.70% | | 2/16/2032 | | | 535,000 | | | | 508,807 | (b) |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 186,000 | | | | 151,538 | |
| | | | | | | | | | | 793,872 | |
Real Estate 0.44% | | | | | | | | | | | | |
Corp. Inmobiliaria Vesta SAB de CV† | | 3.625% | | 5/13/2031 | | | 400,000 | | | | 363,822 | |
REITS 0.75% | | | | | | | | | | | | |
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332† | | 4.375% | | 7/22/2031 | | | 500,000 | | | | 418,780 | |
Trust Fibra Uno† | | 4.869% | | 1/15/2030 | | | 200,000 | | | | 196,917 | |
| | | | | | | | | | | 615,697 | |
Telecommunications 0.25% | | | | | | | | | | | | |
America Movil SAB de CV† | | 5.375% | | 4/4/2032 | | | 200,000 | | | | 200,500 | |
Total Mexico | | | | | | | | | | | 4,988,719 | |
| | | | | | | | | | | | |
Morocco 0.97% | | | | | | | | | | | | |
Chemicals | | | | | | | | | | | | |
OCP SA† | | 3.75% | | 6/23/2031 | | | 868,000 | | | | 789,776 | |
| | | | | | | | | | | | |
Netherlands 0.28% | | | | | | | | | | | | |
Media | | | | | | | | | | | | |
Summer BidCo BV PIK 9.75%†(c) | | 9.00% | | 11/15/2025 | | EUR | 209,750 | | | | 231,897 | |
| | | | | | | | | | | | |
Nigeria 0.34% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
BOI FINANCE BV†(c) | | 7.50% | | 2/16/2027 | | EUR | 250,000 | | | | 274,712 | |
| | | | | | | | | | | | |
Oman 0.85% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
OQ SAOC† | | 5.125% | | 5/6/2028 | | $ | 700,000 | | | | 693,914 | |
| | | | | | | | | | | | |
Panama 2.05% | | | | | | | | | | | | |
Banks 1.12% | | | | | | | | | | | | |
Global Bank Corp.† | | 5.25% (3 Mo. LIBOR + 3.30%) | # | 4/16/2029 | | | 540,000 | | | | 515,398 | |
Multibank Inc† | | 4.375% | | 11/9/2022 | | | 400,000 | | | | 402,918 | |
| | | | | | | | | | | 918,316 | |
| See Notes to Schedule of Investments. | 25 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Panama (continued) | | | | | | | | | | | | |
Electric 0.47% | | | | | | | | | | | | |
AES Panama Generation Holdings SRL† | | 4.375% | | 5/31/2030 | | $ | 400,000 | | | $ | 381,806 | |
Engineering & Construction 0.22% | | | | | | | | | | | | |
Aeropuerto Internacional de Tocumen SA† | | 5.125% | | 8/11/2061 | | | 200,000 | | | | 182,772 | |
Media 0.24% | | | | | | | | | | | | |
Cable Onda SA† | | 4.50% | | 1/30/2030 | | | 200,000 | | | | 195,473 | |
Total Panama | | | | | | | | | | | 1,678,367 | |
| | | | | | | | | | | | |
Paraguay 0.72% | | | | | | | | | | | | |
Banks 0.22% | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | | 200,000 | | | | 183,039 | |
Telecommunications 0.50% | | | | | | | | | | | | |
Telefonica Celular del Paraguay SA† | | 5.875% | | 4/15/2027 | | | 400,000 | | | | 405,694 | |
Total Paraguay | | | | | | | | | | | 588,733 | |
| | | | | | | | |
Peru 3.42% | | | | | | | | | | | | |
Banks 1.07% | | | | | | | | | | | | |
Banco BBVA Peru SA | | 5.00% | | 8/26/2022 | | | 500,000 | | | | 505,100 | |
Banco de Credito del Peru† | | 3.25% (5 Yr. Treasury CMT + 2.45%) | # | 9/30/2031 | | | 400,000 | | | | 371,794 | |
| | | | | | | | | | | 876,894 | |
Diversified Financial Services 0.22% | | | | | | | | | | | | |
Intercorp Peru Ltd.† | | 3.875% | | 8/15/2029 | | | 200,000 | | | | 181,421 | |
Gas 0.50% | | | | | | | | | | | | |
Gas Natural de Lima y Callao SA† | | 4.375% | | 4/1/2023 | | | 400,000 | | | | 407,194 | |
Mining 0.47% | | | | | | | | | | | | |
Minsur SA† | | 4.50% | | 10/28/2031 | | | 400,000 | | | | 386,380 | |
Oil & Gas 0.24% | | | | | | | | | | | | |
Hunt Oil Co. of Peru LLC Sucursal Del Peru† | | 6.375% | | 6/1/2028 | | | 191,600 | | | | 192,280 | |
Packaging & Containers 0.44% | | | | | | | | | | | | |
SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA† | | 3.50% | | 8/2/2028 | | | 400,000 | | | | 360,764 | |
Pipelines 0.25% | | | | | | | | | | | | |
Transportadora de Gas del Peru SA† | | 4.25% | | 4/30/2028 | | | 200,000 | | | | 203,324 | |
Retail 0.23% | | | | | | | | | | | | |
InRetail Consumer† | | 3.25% | | 3/22/2028 | | | 200,000 | | | | 187,911 | |
Total Peru | | | | | | | | | | | 2,796,168 | |
26 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Philippines 0.97% | | | | | | | | | | | | |
Commercial Services 0.73% | | | | | | | | | | | | |
Royal Capital BV | | 4.875% (5 Yr. Treasury CMT + 5.93%) | # | – | (a) | $ | 600,000 | | | $ | 600,750 | |
Holding Companies-Diversified 0.24% | | | | | | | | | | | | |
San Miguel Corp. | | 5.50% (5 Yr. Treasury CMT + 10.24%) | # | – | (a) | | 200,000 | | | | 195,730 | |
Total Philippines | | | | | | | | | | | 796,480 | |
| | | | | | | | | | | | |
Qatar 3.36% | | | | | | | | | | | | |
Banks 1.19% | | | | | | | | | | | | |
QIB Sukuk Ltd. | | 1.95% | | 10/27/2025 | | | 300,000 | | | | 286,742 | |
QNB Finance Ltd. | | 2.625% | | 5/12/2025 | | | 400,000 | | | | 391,780 | |
QNB Finance Ltd. | | 2.75% | | 2/12/2027 | | | 300,000 | | | | 292,620 | |
| | | | | | | | | | | 971,142 | |
Gas 0.20% | | | | | | | | | | | | |
Nakilat, Inc.† | | 6.267% | | 12/31/2033 | | | 136,597 | | | | 164,984 | |
Oil & Gas 1.02% | | | | | | | | | | | | |
Qatar Energy† | | 2.25% | | 7/12/2031 | | | 400,000 | | | | 368,989 | |
Qatar Petroleum† | | 3.30% | | 7/12/2051 | | | 500,000 | | | | 460,378 | |
| | | | | | | | | | | 829,367 | |
Telecommunications 0.95% | | | | | | | | | | | | |
Ooredoo International Finance Ltd.† | | 2.625% | | 4/8/2031 | | | 400,000 | | | | 376,107 | |
Ooredoo International Finance Ltd.† | | 3.25% | | 2/21/2023 | | | 400,000 | | | | 402,783 | |
| | | | | | | | | | | 778,890 | |
Total Qatar | | | | | | | | | | | 2,744,383 | |
| | | | | | | | | | | | |
Russia 1.23% | | | | | | | | | | | | |
Banks 0.16% | | | | | | | | | | | | |
Alfa Bank AO Via Alfa Bond Issuance plc† | | 5.50% (5 Yr. Treasury CMT + 4.55%) | # | 10/26/2031 | | | 300,000 | | | | 30,000 | |
Alfa Bank AO Via Alfa Bond Issuance plc† | | 5.90% (5 Yr. Treasury CMT + 4.57%) | # | – | (a) | | 300,000 | | | | 33,960 | |
Sberbank of Russia Via SB Capital SA† | | 5.25% | | 5/23/2023 | | | 450,000 | | | | 72,000 | |
| | | | | | | | | | | 135,960 | |
Chemicals 0.12% | | | | | | | | | | | | |
Phosagro OAO Via Phosagro Bond Funding DAC† | | 2.60% | | 9/16/2028 | | | 330,000 | | | | 95,700 | |
Oil & Gas 0.95% | | | | | | | | | | | | |
Gazprom PJSC via Gaz Finance plc | | 2.95% | | 1/27/2029 | | | 979,000 | | | | 411,816 | (b) |
Gazprom PJSC via Gaz Finance plc† | | 4.599% (5 Yr. Treasury CMT + 4.26%) | # | – | (a) | | 200,000 | | | | 42,310 | |
| See Notes to Schedule of Investments. | 27 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Russia (continued) | | | | | | | | | | | | |
Lukoil Capital DAC† | | 3.60% | | 10/26/2031 | | $ | 400,000 | | | $ | 214,000 | |
Lukoil Securities BV† | | 3.875% | | 5/6/2030 | | | 200,000 | | | | 106,607 | |
| | | | | | | | | | | 774,733 | |
Total Russia | | | | | | | | | | | 1,006,393 | |
| | | | | | | | | | | | |
Saudi Arabia 3.22% | | | | | | | | | | | | |
Chemicals 0.22% | | | | | | | | | | | | |
SABIC Capital I BV | | 2.15% | | 9/14/2030 | | | 200,000 | | | | 179,743 | |
Electric 1.16% | | | | | | | | | | | | |
Acwa Power Management And Investments One Ltd.† | | 5.95% | | 12/15/2039 | | | 199,620 | | | | 212,891 | |
Saudi Electricity Global Sukuk Co. 3† | | 5.50% | | 4/8/2044 | | | 400,000 | | | | 450,958 | |
Saudi Electricity Global Sukuk Co. 5 | | 1.74% | | 9/17/2025 | | | 300,000 | | | | 286,937 | |
| | | | | | | | | | | 950,786 | |
Oil & Gas 1.61% | | | | | | | | | | | | |
SA Global Sukuk Ltd.† | | 2.694% | | 6/17/2031 | | | 450,000 | | | | 426,873 | |
Saudi Arabian Oil Co. | | 2.25% | | 11/24/2030 | | | 300,000 | | | | 275,713 | |
Saudi Arabian Oil Co. | | 3.50% | | 4/16/2029 | | | 200,000 | | | | 201,624 | |
Saudi Arabian Oil Co.† | | 4.375% | | 4/16/2049 | | | 400,000 | | | | 408,857 | |
| | | | | | | | | | | 1,313,067 | |
Pipelines 0.23% | | | | | | | | | | | | |
EIG Pearl Holdings Sarl† | | 3.545% | | 8/31/2036 | | | 200,000 | | | | 191,109 | |
Total Saudi Arabia | | | | | | | | | | | 2,634,705 | |
| | | | | | | | | | | | |
Singapore 1.26% | | | | | | | | | | | | |
Banks 1.03% | | | | | | | | | | | | |
DBS Group Holdings Ltd. | | 1.822% (5 Yr. Treasury CMT + 1.10%) | # | 3/10/2031 | | | 900,000 | | | | 841,347 | |
Diversified Financial Services 0.23% | | | | | | | | | | | | |
BOC Aviation Ltd.† | | 3.00% | | 9/11/2029 | | | 200,000 | | | | 187,775 | |
Total Singapore | | | | | | | | | | | 1,029,122 | |
| | | | | | | | | | | | |
South Africa 3.02% | | | | | | | | | | | | |
Chemicals 0.98% | | | | | | | | | | | | |
Sasol Financing USA LLC | | 4.375% | | 9/18/2026 | | | 200,000 | | | | 191,353 | |
Sasol Financing USA LLC | | 5.50% | | 3/18/2031 | | | 650,000 | | | | 608,108 | |
| | | | | | | | | | | 799,461 | |
Commercial Services 0.34% | | | | | | | | | | | | |
Bidvest Group UK plc (The)† | | 3.625% | | 9/23/2026 | | | 300,000 | | | | 281,631 | |
Electric 0.97% | | | | | | | | | | | | |
Eskom Holdings SOC Ltd.† | | 6.75% | | 8/6/2023 | | | 800,000 | | | | 790,368 | |
28 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
South Africa (continued) | | | | | | | | | | | | |
Mining 0.73% | | | | | | | | | | | | |
Gold Fields Orogen Holdings BVI Ltd. | | 5.125% | | 5/15/2024 | | $ | 300,000 | | | $ | 306,429 | |
Stillwater Mining Co. | | 4.00% | | 11/16/2026 | | | 300,000 | | | | 289,200 | |
| | | | | | | | | | | 595,629 | |
Total South Africa | | | | | | | | | | | 2,467,089 | |
| | | | | | | | | | | | |
South Korea 4.05% | | | | | | | | | | | | |
Auto Manufacturers 0.36% | | | | | | | | | | | | |
Kia Corp.† | | 2.375% | | 2/14/2025 | | | 300,000 | | | | 291,887 | |
Banks 1.21% | | | | | | | | | | | | |
KEB Hana Bank† | | 4.375% | | 9/30/2024 | | | 200,000 | | | | 204,572 | |
Kookmin Bank† | | 1.75% | | 5/4/2025 | | | 200,000 | | | | 192,446 | |
Kookmin Bank | | 2.50% | | 11/4/2030 | | | 200,000 | | | | 178,923 | |
Woori Bank† | | 4.75% | | 4/30/2024 | | | 400,000 | | | | 411,705 | |
| | | | | | | | | | | 987,646 | |
Chemicals 0.88% | | | | | | | | | | | | |
LG Chem Ltd.† | | 2.375% | | 7/7/2031 | | | 800,000 | | | | 722,090 | |
Iron-Steel 0.24% | | | | | | | | | | | | |
POSCO† | | 2.50% | | 1/17/2025 | | | 200,000 | | | | 195,542 | |
Oil & Gas 0.46% | | | | | | | | | | | | |
Korea National Oil Corp.† | | 2.125% | | 4/18/2027 | | | 400,000 | | | | 374,755 | |
Semiconductors 0.90% | | | | | | | | | | | | |
SK Hynix, Inc.† | | 1.50% | | 1/19/2026 | | | 800,000 | | | | 740,919 | |
Total South Korea | | | | | | | | | | | 3,312,839 | |
| | | | | | | | | | | | |
Supranational 0.40% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank (The)† | | 2.634% | | 5/17/2026 | | | 350,000 | | | | 326,596 | |
| | | | | | | | | | | | |
Taiwan 0.22% | | | | | | | | | | | | |
Semiconductors | | | | | | | | | | | | |
TSMC Global Ltd.† | | 1.75% | | 4/23/2028 | | | 200,000 | | | | 182,209 | |
| | | | | | | | | | | | |
Thailand 2.53% | | | | | | | | | | | | |
Banks 1.18% | | | | | | | | | | | | |
Bangkok Bank pcl† | | 5.00% (5 Yr. Treasury CMT + 4.73%) | # | – | (a) | | 700,000 | | | | 691,355 | |
Bangkok Bank PCL/Hong Kong† | | 3.466% (5 Yr. Treasury CMT + 2.15%) | # | 9/23/2036 | | | 300,000 | | | | 271,116 | |
| | | | | | | | | | | 962,471 | |
| See Notes to Schedule of Investments. | 29 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Thailand (continued) | | | | | | | | | | | | |
Chemicals 0.45% | | | | | | | | | | | | |
GC Treasury Center Co. Ltd.† | | 2.98% | | 3/18/2031 | | $ | 400,000 | | | $ | 367,109 | |
Oil & Gas 0.90% | | | | | | | | | | | | |
PTTEP Treasury Center Co. Ltd.† | | 2.993% | | 1/15/2030 | | | 250,000 | | | | 242,251 | |
Thaioil Treasury Center Co. Ltd.† | | 2.50% | | 6/18/2030 | | | 400,000 | | | | 343,874 | |
Thaioil Treasury Center Co. Ltd.† | | 3.50% | | 10/17/2049 | | | 200,000 | | | | 148,534 | |
| | | | | | | | | | | 734,659 | |
Total Thailand | | | | | | | | | | | 2,064,239 | |
| | | | | | | | | | | | |
Turkey 4.46% | | | | | | | | | | | | |
Banks 2.87% | | | | | | | | | | | | |
Akbank TAS† | | 5.125% | | 3/31/2025 | | | 400,000 | | | | 380,182 | |
QNB Finansbank AS† | | 6.875% | | 9/7/2024 | | | 400,000 | | | | 416,134 | |
Turkiye Garanti Bankasi AS† | | 5.875% | | 3/16/2023 | | | 700,000 | | | | 707,806 | |
Turkiye Sinai Kalkinma Bankasi AS† | | 5.875% | | 1/14/2026 | | | 200,000 | | | | 187,760 | |
Turkiye Vakiflar Bankasi TAO† | | 6.00% | | 11/1/2022 | | | 650,000 | | | | 651,216 | |
| | | | | | | | | | | 2,343,098 | |
Commercial Services 0.23% | | | | | | | | | | | | |
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS† | | 9.50% | | 7/10/2036 | | | 200,000 | | | | 185,560 | |
Food 0.64% | | | | | | | | | | | | |
Ulker Biskuvi Sanayi AS† | | 6.95% | | 10/30/2025 | | | 600,000 | | | | 526,524 | |
Holding Companies-Diversified 0.49% | | | | | | | | | | | | |
KOC Holding AS† | | 5.25% | | 3/15/2023 | | | 400,000 | | | | 401,700 | |
Oil & Gas 0.23% | | | | | | | | | | | | |
Turkiye Petrol Rafinerileri AS† | | 4.50% | | 10/18/2024 | | | 200,000 | | | | 191,449 | |
Total Turkey | | | | | | | | | | | 3,648,331 | |
| | | | | | | | | | | | |
Ukraine 0.36% | | | | | | | | | | | | |
Agriculture 0.11% | | | | | | | | | | | | |
MHP Lux SA† | | 6.95% | | 4/3/2026 | | | 200,000 | | | | 89,870 | |
Telecommunications 0.25% | | | | | | | | | | | | |
VF Ukraine PAT via VFU Funding plc† | | 6.20% | | 2/11/2025 | | | 400,000 | | | | 200,000 | |
Total Ukraine | | | | | | | | | | | 289,870 | |
| | | | | | | | | | | | |
United Arab Emirates 4.77% | | | | | | | | | | | | |
Banks 0.85% | | | | | | | | | | | | |
ADCB Finance Cayman Ltd.† | | 4.00% | | 3/29/2023 | | | 200,000 | | | | 202,864 | |
Fab Sukuk Co. Ltd. | | 2.50% | | 1/21/2025 | | | 300,000 | | | | 295,635 | |
30 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United Arab Emirates (continued) | | | | | | | | | | | | |
First Abu Dhabi Bank PJSC | | 4.50% (5 Yr. Treasury CMT + 4.14%) | # | – | (a) | $ | 200,000 | | | $ | 199,000 | |
| | | | | | | | | | | 697,499 | |
Commercial Services 0.68% | | | | | | | | | | | | |
DP World Ltd./United Arab Emirates† | | 4.70% | | 9/30/2049 | | | 200,000 | | | | 194,724 | |
DP World Ltd./United Arab Emirates† | | 6.85% | | 7/2/2037 | | | 300,000 | | | | 361,701 | |
| | | | | | | | | | | 556,425 | |
Electric 0.94% | | | | | | | | | | | | |
Abu Dhabi National Energy Co. PJSC† | | 2.00% | | 4/29/2028 | | | 600,000 | | | | 560,652 | |
Emirates Semb Corp. Water & Power Co. PJSC† | | 4.45% | | 8/1/2035 | | | 200,000 | | | | 204,044 | |
| | | | | | | | | | | 764,696 | |
Energy-Alternate Sources 0.23% | | | | | | | | | | | | |
Sweihan PV Power Co. PJSC† | | 3.625% | | 1/31/2049 | | | 200,000 | | | | 185,463 | |
Investment Companies 0.24% | | | | | | | | | | | | |
MDGH GMTN RSC Ltd.† | | 3.70% | | 11/7/2049 | | | 200,000 | | | | 197,829 | |
Pipelines 1.33% | | | | | | | | | | | | |
Abu Dhabi Crude Oil Pipeline LLC† | | 4.60% | | 11/2/2047 | | | 600,000 | | | | 637,146 | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 500,000 | | | | 453,277 | |
| | | | | | | | | | | 1,090,423 | |
Real Estate 0.25% | | | | | | | | | | | | |
MAF Sukuk Ltd. | | 4.50% | | 11/3/2025 | | | 200,000 | | | | 206,261 | |
Telecommunications 0.25% | | | | | | | | | | | | |
Emirates Telecommunications Group Co. PJSC | | 3.50% | | 6/18/2024 | | | 200,000 | | | | 203,767 | |
Total United Arab Emirates | | | | | | | | | | | 3,902,363 | |
| | | | | | | | | | | | |
United Kingdom 0.92% | | | | | | | | | | | | |
Holding Companies-Diversified 0.24% | | | | | | | | | | | | |
CK Hutchison International 17 Ltd.† | | 3.50% | | 4/5/2027 | | | 200,000 | | | | 200,745 | |
Retail 0.68% | | | | | | | | | | | | |
CK Hutchison International 21 Ltd. | | 2.50% | | 4/15/2031 | | | 600,000 | | | | 553,887 | |
Total United Kingdom | | | | | | | | | | | 754,632 | |
| | | | | | | | | | | | |
United States 0.94% | | | | | | | | | | | | |
Chemicals 0.11% | | | | | | | | | | | | |
CVR Partners LP/CVR Nitrogen Finance Corp.† | | 6.125% | | 6/15/2028 | | | 88,000 | | | | 88,119 | |
Electric 0.22% | | | | | | | | | | | | |
Terraform Global Operating LLC† | | 6.125% | | 3/1/2026 | | | 180,000 | | | | 180,097 | |
Oil & Gas 0.50% | | | | | | | | | | | | |
Callon Petroleum Co. | | 6.375% | | 7/1/2026 | | | 166,000 | | | | 165,269 | |
Callon Petroleum Co.† | | 8.00% | | 8/1/2028 | | | 46,000 | | | | 48,571 | |
| See Notes to Schedule of Investments. | 31 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Laredo Petroleum, Inc.† | | 7.75% | | 7/31/2029 | | $ | 125,000 | | | $ | 125,925 | |
Range Resources Corp. | | 8.25% | | 1/15/2029 | | | 66,000 | | | | 72,423 | |
| | | | | | | | | | | 412,188 | |
Pipelines 0.11% | | | | | | | | | | | | |
Cheniere Energy Partners LP | | 4.00% | | 3/1/2031 | | | 88,000 | | | | 85,443 | |
Total United States | | | | | | | | | | | 765,847 | |
| | | | | | | | | | | | |
Vietnam 0.59% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
Mong Duong Finance Holdings BV† | | 5.125% | | 5/7/2029 | | | 536,000 | | | | 483,826 | |
| | | | | | | | | | | | |
Zambia 0.27% | | | | | | | | | | | | |
Mining | | | | | | | | | | | | |
First Quantum Minerals Ltd.† | | 7.50% | | 4/1/2025 | | | 220,000 | | | | 223,573 | |
Total Corporate Bonds (cost $80,775,047) | | | | | | | | | | | 74,218,211 | |
| | | | | | | | | | | | |
FLOATING RATE LOANS(d) 0.27% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Coal 0.09% | | | | | | | | | | | | |
Peabody Energy Corporation 2018 Term Loan | | 3.197% (1 Mo. LIBOR + 2.75%) | | 3/31/2025 | | | 76,293 | | | | 72,513 | |
| | | | | | | | | | | | |
Software 0.18% | | | | | | | | | | | | |
Think & Learn Private Limited Term Loan B (India)(e) | | 6.25% (3 Mo. LIBOR + 5.50%) | | 11/5/2026 | | | 146,893 | | | | 145,654 | |
Total Floating Rate Loans (cost $203,407) | | | | | | | | | | | 218,167 | |
| | | | | | | | | | | | |
FOREIGN GOVERNMENT OBLIGATIONS 2.51% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Bahrain 0.47% | | | | | | | | | | | | |
Kingdom of Bahrain† | | 5.45% | | 9/16/2032 | | | 400,000 | | | | 382,641 | |
| | | | | | | | | | | | |
Costa Rica 0.25% | | | | | | | | | | | | |
Costa Rica Government† | | 4.375% | | 4/30/2025 | | | 200,000 | | | | 202,650 | |
| | | | | | | | | | | | |
Dominican Republic 0.36% | | | | | | | | | | | | |
Dominican Republic International Bond† | | 5.50% | | 2/22/2029 | | | 300,000 | | | | 297,000 | |
| | | | | | | | | | | | |
Ecuador 0.21% | | | | | | | | | | | | |
Ecuador Government International Bond† | | 5.00% | | 7/31/2030 | | | 200,000 | | | | 168,002 | |
| | | | | | | | | | | | |
Ghana 0.18% | | | | | | | | | | | | |
Republic of Ghana† | | 6.375% | | 2/11/2027 | | | 200,000 | | | | 151,049 | |
32 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Oman 0.37% | | | | | | | | | | | | |
Oman Government International Bond† | | 4.75% | | 6/15/2026 | | $ | 300,000 | | | $ | 301,980 | |
| | | | | | | | | | | | |
Turkey 0.22% | | | | | | | | | | | | |
Turkiye Ihracat Kredi Bankasi AS† | | 5.75% | | 7/6/2026 | | | 200,000 | | | | 183,645 | |
| | | | | | | | | | | | |
United Arab Emirates 0.45% | | | | | | | | | | | | |
Abu Dhabi Government International Bond† | | 3.125% | | 9/30/2049 | | | 200,000 | | | | 183,626 | |
UAE International Government Bond† | | 3.25% | | 10/19/2061 | | | 200,000 | | | | 184,512 | |
Total United Arab Emirates | | | | | | | | | | | 368,138 | |
Total Foreign Government Obligations (cost $2,185,510) | | | | | | | | | | | 2,055,105 | |
Total Long-Term Investments (cost $83,728,259) | | | | | | | | | | | 77,044,666 | |
| | | | | | | | | | | | |
SHORT-TERM INVESTMENTS 5.11% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Repurchase Agreements 5.11% | | | | | | | | | | | | |
Repurchase Agreement dated 3/31/2022, 0.00% due 4/1/2022 with Fixed Income Clearing Corp. collateralized by $4,552,800 of U.S. Treasury Note at 1.25% due 04/30/2028; value: $4,264,422; proceeds: $4,180,780 (cost $4,180,780) | | | | | | | 4,180,780 | | | | 4,180,780 | |
Total Investments in Securities 99.34% (cost $87,909,039) | | | | | | | | | | | 81,225,446 | |
Other Assets and Liabilities – Net(f) 0.66% | | | | | | | | | | | 540,862 | |
Net Assets 100.00% | | | | | | | | | | $ | 81,766,308 | |
| | |
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. |
* | | Non-income producing security. |
† | | 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 March 31, 2022, the total value of Rule 144A securities was $58,984,005, which represents 72.14% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at March 31, 2022. |
(a) | | Security is perpetual in nature and has no stated maturity. |
(b) | | Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. 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. |
(c) | | Investment in non-U.S. dollar denominated securities. |
(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 March 31, 2022. |
(e) | | Foreign security traded in U.S. dollars. |
(f) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swaps as follows: |
| See Notes to Schedule of Investments. | 33 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
Open Consumer Price Index (“CPI”) Centrally Cleared Swaps at March 31, 2022:
| | Payments to be | | Payments to be | | | | | | |
| | Made By | | Received By | | | | | | |
Swap | | The Fund at | | The Fund at | | Termination | | Notional | | Value/Unrealized |
Counterparty | | Termination Date | | Termination Date | | Date | | Amount | | Appreciation |
Bank of America | | 2.865% | | CPI Urban Consumer NSA | | 2/28/2032 | | $130,000 | | $2,616 |
Open Forward Foreign Currency Exchange Contracts at March 31, 2022:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | Unrealized Depreciation |
Russian ruble | | Buy | | State Street Bank and Trust | | 4/14/2022 | | 8,600,000 | | $111,573 | | $103,962 | | $ | (7,611) |
Euro | | Sell | | Morgan Stanley | | 6/10/2022 | | 466,000 | | 511,053 | | 516,775 | | | (5,722) |
Russian ruble | | Sell | | State Street Bank and Trust | | 4/14/2022 | | 8,600,000 | | 75,771 | | 103,962 | | | (28,191) |
Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | | $ | (41,524) |
Open Futures Contracts at March 31, 2022:
| | | | | | | | Notional | | | Notional | | | Unrealized | |
Type | | Expiration | | Contracts | | Position | | Amount | | | Value | | | Appreciation | |
U.S. 10-Year Treasury Note | | June 2022 | | 10 | | Short | | $ | (1,260,449 | ) | | $ | (1,228,750 | ) | | | $ | 31,699 | |
U.S. 10-Year Ultra Treasury Note | | June 2022 | | 38 | | Short | | | (5,300,125 | ) | | | (5,147,813 | ) | | | | 152,312 | |
Total Unrealized Appreciation on Open Futures Contracts | | | | | $ | 184,011 | |
| | | | | | | | Notional | | | Notional | | | Unrealized | |
Type | | Expiration | | Contracts | | Position | | Amount | | | Value | | | Depreciation | |
U.S. 2-Year Treasury Note | | June 2022 | | 51 | | Long | | $ | 10,952,624 | | | $ | 10,808,016 | | | | $ | (144,608 | ) |
U.S. 5-Year Treasury Note | | June 2022 | | 4 | | Short | | | (458,649 | ) | | | (458,750 | ) | | | | (101 | ) |
U.S. Treasury Long Bond | | June 2022 | | 6 | | Long | | | 928,139 | | | | 900,375 | | | | | (27,764 | ) |
U.S. Ultra Treasury Bond | | June 2022 | | 2 | | Long | | | 377,191 | | | | 354,250 | | | | | (22,941 | ) |
Total Unrealized Depreciation on Open Futures Contracts | | | | | $ | (195,414 | ) |
34 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
The following is a summary of the inputs used as of March 31, 2022 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 | | $ | 159,052 | | | $ | – | | | $ | – | | | $ | 159,052 | |
Convertible Bonds | | | – | | | | 394,131 | | | | – | | | | 394,131 | |
Corporate Bonds | | | | | | | | | | | | | | | | |
Mexico | | | – | | | | 4,479,912 | | | | 508,807 | | | | 4,988,719 | |
Russia | | | – | | | | 594,577 | | | | 411,816 | | | | 1,006,393 | |
Remaining Countries | | | – | | | | 68,223,099 | | | | – | | | | 68,223,099 | |
Floating Rate Loans | | | – | | | | 218,167 | | | | – | | | | 218,167 | |
Foreign Government Obligations | | | – | | | | 2,055,105 | | | | – | | | | 2,055,105 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 4,180,780 | | | | – | | | | 4,180,780 | |
Total | | $ | 159,052 | | | $ | 80,145,771 | | | $ | 920,623 | | | $ | 81,225,446 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Centrally Cleared CPI Swap Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 2,616 | | | $ | – | | | $ | 2,616 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | | – | | | | – | | | | – | | | | – | |
Liabilities | | | – | | | | (41,524 | ) | | | – | | | | (41,524 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 184,011 | | | | – | | | | – | | | | 184,011 | |
Liabilities | | | (195,414 | ) | | | – | | | | – | | | | (195,414 | ) |
Total | | $ | (11,403 | ) | | $ | (38,908 | ) | | $ | – | | | $ | (50,311 | ) |
| | |
(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. 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. When applicable 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.
| See Notes to Schedule of Investments. | 35 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND March 31, 2022
The following is a reconciliation of investments with unobservable inputs (Level 3) that were used in determining fair value:
| | Municipal | |
Investment Type | | Bonds | |
Balance as of January 1, 2022 | | $ | – | |
Accrued Discounts (Premiums) | | | 434 | |
Realized Gain (Loss) | | | – | |
Change in Unrealized Appreciation (Depreciation) | | | (534,301 | ) |
Purchases | | | 516,387 | |
Sales | | | – | |
Transfers into Level 3 | | | 938,103 | |
Transfers out of Level 3 | | | – | |
Balance as of March 31, 2022 | | $ | 920,623 | |
Change in unrealized appreciation/depreciation for the period ended March 31, 2022, related to Level 3 investments held at March 31, 2022 | | $ | (534,301 | ) |
36 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
LONG-TERM INVESTMENTS 94.95% | | | | | | | | | | | | |
| | | | | | | | | | | | |
ASSET-BACKED SECURITIES 7.30% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Cayman Islands 1.78% | | | | | | | | | | | | |
Other | | | | | | | | | | | | |
Venture CLO Ltd. 2018-33A A1LR† | | 1.301% (3 Mo. LIBOR + 1.06%) | # | 7/15/2031 | | $ | 100,000 | | | $ | 99,420 | |
VERDE CLO Ltd. 2019-1A AR† | | 1.341% (3 Mo. LIBOR + 1.10%) | # | 4/15/2032 | | | 100,000 | | | | 99,351 | |
Total Cayman Islands | | | | | | | | | | | 198,771 | |
| | | | | | | | | | | | |
United States 5.52% | | | | | | | | | | | | |
Automobiles 0.89% | | | | | | | | | | | | |
Avid Automobile Receivables Trust 2019-1 C† | | 3.14% | | 7/15/2026 | | | 100,000 | | | | 100,197 | |
Credit Card 0.90% | | | | | | | | | | | | |
Perimeter Master Note Business Trust 2019-2A A† | | 4.23% | | 5/15/2024 | | | 100,000 | | | | 101,126 | |
Other 3.73% | | | | | | | | | | | | |
Aqua Finance Trust 2021-A C† | | 3.14% | | 7/17/2046 | | | 100,000 | | | | 89,747 | |
GoodLeap Sustainable Home Solutions Trust 2022-1GS A† | | 2.70% | | 1/20/2049 | | | 78,296 | | | | 73,415 | |
Lendmark Funding Trust 2021-2A C† | | 3.09% | | 4/20/2032 | | | 100,000 | | | | 90,864 | |
ME Funding LLC 2019-1 A2† | | 6.448% | | 7/30/2049 | | | 48,875 | | | | 49,759 | |
Neighborly Issuer 2022-1A A2† | | 3.695% | | 1/30/2052 | | | 25,000 | | | | 23,339 | |
Sunrun Demeter Issuer 2021-2A A† | | 2.27% | | 1/30/2057 | | | 99,266 | | | | 90,642 | |
| | | | | | | | | | | 417,766 | |
Total United States | | | | | | | | | | | 619,089 | |
Total Asset-Backed Securities (cost $854,513) | | | | | | | | | | | 817,860 | |
| | | | | | | | | | | | |
CONVERTIBLE BONDS 0.25% | | | | | | | | | | | | |
| | | | | | | | | | | | |
United States | | | | | | | | | | | | |
Energy-Alternate Sources | | | | | | | | | | | | |
Enphase Energy, Inc. | | Zero Coupon | | 3/1/2026 | | | 9,000 | | | | 9,185 | |
SolarEdge Technologies, Inc. | | Zero Coupon | | 9/15/2025 | | | 7,000 | | | | 9,565 | |
Sunrun, Inc. | | Zero Coupon | | 2/1/2026 | | | 11,000 | | | | 8,806 | |
Total Convertible Bonds (cost $29,006) | | | | | | | | | | | 27,556 | |
| See Notes to Schedule of Investments. | 37 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
CORPORATE BONDS 45.76% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Australia 0.57% | | | | | | | | | | | | |
Mining | | | | | | | | | | | | |
FMG Resources August 2006 Pty Ltd.† | | 4.50% | | 9/15/2027 | | $ | 17,000 | | | $ | 16,731 | |
Glencore Funding LLC† | | 2.85% | | 4/27/2031 | | | 19,000 | | | | 17,382 | |
Glencore Funding LLC† | | 4.875% | | 3/12/2029 | | | 28,000 | | | | 29,517 | |
Total Australia | | | | | | | | | | | 63,630 | |
| | | | | | | | | | | | |
Bermuda 0.97% | | | | | | | | | | | | |
Insurance | | | | | | | | | | | | |
PartnerRe Ireland Finance DAC(a) | | 1.25% | | 9/15/2026 | | EUR | 100,000 | | | | 109,170 | |
| | | | | | | | | | | | |
Brazil 0.17% | | | | | | | | | | | | |
Forest Products & Paper 0.05% | | | | | | | | | | | | |
Suzano Austria GmbH | | 3.125% | | 1/15/2032 | | $ | 6,000 | | | | 5,325 | |
| | | | | | | | | | | | |
Oil & Gas 0.12% | | | | | | | | | | | | |
Petrobras Global Finance BV | | 5.60% | | 1/3/2031 | | | 13,000 | | | | 13,180 | |
Total Brazil | | | | | | | | | | | 18,505 | |
| | | | | | | | | | | | |
Canada 0.20% | | | | | | | | | | | | |
Aerospace/Defense 0.10% | | | | | | | | | | | | |
Bombardier, Inc.† | | 6.00% | | 2/15/2028 | | | 12,000 | | | | 11,263 | |
| | | | | | | | | | | | |
Oil & Gas 0.10% | | | | | | | | | | | | |
MEG Energy Corp.† | | 7.125% | | 2/1/2027 | | | 11,000 | | | | 11,532 | |
Total Canada | | | | | | | | | | | 22,795 | |
| | | | | | | | | | | | |
Cayman Islands 0.18% | | | | | | | | | | | | |
Diversified Financial Services | | | | | | | | | | | | |
Global Aircraft Leasing Co. Ltd. PIK 7.25%† | | 6.50% | | 9/15/2024 | | | 22,123 | | | | 20,064 | |
| | | | | | | | | | | | |
Colombia 0.24% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Ecopetrol SA | | 4.625% | | 11/2/2031 | | | 30,000 | | | | 27,192 | |
| | | | | | | | | | | | |
France 0.99% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
IPD 3 BV†(a) | | 5.50% | | 12/1/2025 | | EUR | 100,000 | | | | 110,911 | |
38 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Germany 3.52% | | | | | | | | | | |
Banks 0.65% | | | | | | | | | | |
Kreditanstalt fuer Wiederaufbau | | 0.375% | | 7/18/2025 | | $ | 78,000 | | | $ | 72,643 | |
Building Materials 0.95% | | | | | | | | | | | | |
PCF GmbH†(a) | | 4.75% | | 4/15/2026 | | EUR | 100,000 | | | | 106,635 | |
Forest Products & Paper 0.11% | | | | | | | | | | | | |
Mercer International, Inc. | | 5.125% | | 2/1/2029 | | $ | 12,000 | | | | 11,594 | |
Real Estate 0.92% | | | | | | | | | | | | |
Aroundtown SA(a) | | 1.45% | | 7/9/2028 | | EUR | 100,000 | | | | 103,403 | |
Transportation 0.89% | | | | | | | | | | | | |
Hamburger Hochbahn AG(a) | | 0.125% | | 2/24/2031 | | EUR | 100,000 | | | | 99,849 | |
Total Germany | | | | | | | | | | | 394,124 | |
| | | | | | | | | | | | |
Guatemala 0.18% | | | | | | | | | | | | |
Beverages | | | | | | | | | | | | |
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL† | | 5.25% | | 4/27/2029 | | $ | 20,000 | | | | 19,928 | |
| | | | | | | | | | | | |
Jersey 1.16% | | | | | | | | | | | | |
Commercial Services | | | | | | | | | | | | |
AA Bond Co. Ltd.(a) | | 2.75% | | 7/31/2023 | | GBP | 100,000 | | | | 130,236 | |
| | | | | | | | | | | | |
Luxembourg 1.82% | | | | | | | | | | | | |
Health Care-Services 0.87% | | | | | | | | | | | | |
Eurofins Scientific SE(a) | | 0.875% | | 5/19/2031 | | EUR | 100,000 | | | | 97,144 | |
Real Estate 0.95% | | | | | | | | | | | | |
Vivion Investments Sarl(a) | | 3.00% | | 8/8/2024 | | EUR | 100,000 | | | | 106,732 | |
Total Luxembourg | | | | | | | | | | | 203,876 | |
| | | | | | | | | | | | |
Mexico 0.40% | | | | | | | | | | | | |
Oil & Gas | �� | | | | | | | | | | | |
Petroleos Mexicanos | | 6.70% | | 2/16/2032 | | $ | 27,000 | | | | 25,678 | (b) |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 23,000 | | | | 18,739 | |
Total Mexico | | | | | | | | | | | 44,417 | |
| | | | | | | | | | | | |
Netherlands 3.65% | | | | | | | | | | | | |
Diversified Financial Services 0.94% | | | | | | | | | | | | |
LeasePlan Corp. NV(a) | | 0.25% | | 2/23/2026 | | EUR | 100,000 | | | | 105,256 | |
Electric 0.90% | | | | | | | | | | | | |
Ren Finance BV(a) | | 0.50% | | 4/16/2029 | | EUR | 100,000 | | | | 100,819 | |
| See Notes to Schedule of Investments. | 39 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Netherlands (continued) | | | | | | | | | | |
Food 0.88% | | | | | | | | | | |
Mondelez International Holdings Netherlands BV(a) | | 0.625% | | 9/9/2032 | | EUR | 100,000 | | | $ | 98,941 | |
Internet 0.93% | | | | | | | | | | | | |
United Group B.V.†(a) | | 5.25% | | 2/1/2030 | | EUR | 100,000 | | | | 103,783 | |
Total Netherlands | | | | | | | | | | | 408,799 | |
| | | | | | | | | | | | |
Norway 0.96% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
Adevinta ASA(a) | | 3.00% | | 11/15/2027 | | EUR | 100,000 | | | | 107,416 | |
| | | | | | | | | | | | |
Puerto Rico 0.10% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Popular, Inc. | | 6.125% | | 9/14/2023 | | $ | 11,000 | | | | 11,299 | |
| | | | | | | | | | | | |
Spain 0.95% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Lorca Telecom Bondco SAU†(a) | | 4.00% | | 9/18/2027 | | EUR | 100,000 | | | | 106,935 | |
| | | | | | | | | | | | |
Supranational 3.12% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
Asian Development Bank(c) | | 2.044% (SOFR Index + 1.00%) | # | 4/6/2027 | | $ | 130,000 | | | | 134,663 | |
Inter-American Development Bank | | 0.368% (SOFR Index + .20%) | # | 2/10/2026 | | | 80,000 | | | | 80,000 | |
International Bank for Reconstruction & Development(a) | | 0.25% | | 1/29/2029 | | SEK | 260,000 | | | | 24,642 | |
International Bank for Reconstruction & Development | | 0.487% (SOFR Index + .29%) | # | 11/22/2028 | | $ | 40,000 | | | | 40,030 | |
International Bank for Reconstruction & Development | | 0.541% (SOFR Index + .37%) | # | 2/11/2031 | | | 30,000 | | | | 30,105 | |
International Finance Corp.(a) | | 0.375% | | 9/10/2025 | | NZD | 65,000 | | | | 40,448 | |
Total Supranational | | | | | | | | | | | 349,888 | |
| | | | | | | | | | | | |
Switzerland 0.13% | | | | | | | | | | | | |
Diversified Financial Services | | | | | | | | | | | | |
VistaJet Malta Finance plc/XO Management Holding, Inc.† | | 6.375% | | 2/1/2030 | | $ | 16,000 | | | | 15,075 | |
40 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United Arab Emirates 1.53% | | | | | | | | | | | | |
Pipelines | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 1.75% | | 9/30/2027 | | $ | 178,404 | | | $ | 171,390 | |
| | | | | | | | | | | | |
United Kingdom 3.81% | | | | | | | | | | | | |
Entertainment 1.14% | | | | | | | | | | | | |
Pinewood Finance Co. Ltd.(a) | | 3.25% | | 9/30/2025 | | GBP | 100,000 | | | | 127,424 | |
Oil & Gas 0.39% | | | | | | | | | | | | |
Gazprom PJSC via Gaz Finance plc(a) | | 1.50% | | 2/17/2027 | | EUR | 100,000 | | | | 43,287 | |
Real Estate 1.13% | | | | | | | | | | | | |
Canary Wharf Group Investment Holdings plc†(a) | | 2.625% | | 4/23/2025 | | GBP | 100,000 | | | | 127,250 | |
Retail 1.15% | | | | | | | | | | | | |
Punch Finance plc†(a) | | 6.125% | | 6/30/2026 | | GBP | 100,000 | | | | 129,492 | |
Total United Kingdom | | | | | | | | | | | 427,453 | |
| | | | | | | | | | | | |
United States 21.11% | | | | | | | | | | | | |
Advertising 0.11% | | | | | | | | | | | | |
Clear Channel Outdoor Holdings, Inc.† | | 7.75% | | 4/15/2028 | | $ | 12,000 | | | | 12,076 | |
Aerospace/Defense 0.24% | | | | | | | | | | | | |
TransDigm, Inc. | | 4.625% | | 1/15/2029 | | | 15,000 | | | | 14,044 | |
Triumph Group, Inc. | | 7.75% | | 8/15/2025 | | | 13,000 | | | | 13,110 | |
| | | | | | | | | | | 27,154 | |
Airlines 0.41% | | | | | | | | | | | | |
American Airlines Group, Inc.† | | 3.75% | | 3/1/2025 | | | 15,000 | | | | 13,702 | |
Delta Air Lines, Inc.† | | 7.00% | | 5/1/2025 | | | 21,000 | | | | 22,511 | |
Delta Air Lines, Inc./SkyMiles IP Ltd.† | | 4.50% | | 10/20/2025 | | | 10,000 | | | | 10,066 | |
| | | | | | | | | | | 46,279 | |
Auto Manufacturers 0.55% | | | | | | | | | | | | |
Ford Motor Co. | | 3.25% | | 2/12/2032 | | | 42,000 | | | | 37,582 | |
General Motors Co. | | 6.75% | | 4/1/2046 | | | 20,000 | | | | 24,168 | |
| | | | | | | | | | | 61,750 | |
Banks 2.10% | | | | | | | | | | | | |
Bank of America Corp. | | 2.687% (SOFR + 1.32%) | # | 4/22/2032 | | | 55,000 | | | | 50,662 | |
Citigroup, Inc. | | 2.561% (SOFR + 1.17%) | # | 5/1/2032 | | | 50,000 | | | | 45,188 | |
Goldman Sachs Group, Inc. (The) | | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | | | 25,000 | | | | 22,188 | |
Goldman Sachs Group, Inc. (The) | | 2.615% (SOFR + 1.28%) | # | 4/22/2032 | | | 18,000 | | | | 16,397 | |
| See Notes to Schedule of Investments. | 41 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Banks (continued) | | | | | | | | | | | | |
JPMorgan Chase & Co. | | 2.963% (SOFR + 1.26%) | # | 1/25/2033 | | $ | 25,000 | | | $ | 23,595 | |
Morgan Stanley | | 2.484% (SOFR + 1.36%) | # | 9/16/2036 | | | 44,000 | | | | 37,797 | |
Santander Holdings USA, Inc. | | 4.40% | | 7/13/2027 | | | 15,000 | | | | 15,282 | |
Wells Fargo & Co. | | 3.35% (SOFR + 1.50%) | # | 3/2/2033 | | | 25,000 | | | | 24,323 | |
| | | | | | | | | | | 235,432 | |
Building Materials 0.20% | | | | | | | | | | | | |
Eco Material Technologies, Inc.† | | 7.875% | | 1/31/2027 | | | 12,000 | | | | 11,952 | |
MIWD Holdco II LLC/MIWD Finance Corp.† | | 5.50% | | 2/1/2030 | | | 11,000 | | | | 10,291 | |
| | | | | | | | | | | 22,243 | |
Chemicals 0.20% | | | | | | | | | | | | |
Ashland LLC | | 6.875% | | 5/15/2043 | | | 10,000 | | | | 11,715 | |
CVR Partners LP/CVR Nitrogen Finance Corp.† | | 6.125% | | 6/15/2028 | | | 11,000 | | | | 11,015 | |
| | | | | | | | | | | 22,730 | |
Coal 0.10% | | | | | | | | | | | | |
SunCoke Energy, Inc.† | | 4.875% | | 6/30/2029 | | | 12,000 | | | | 11,328 | |
Commercial Services 0.55% | | | | | | | | | | | | |
Ahern Rentals, Inc.† | | 7.375% | | 5/15/2023 | | | 13,000 | | | | 12,122 | |
Block, Inc.† | | 3.50% | | 6/1/2031 | | | 12,000 | | | | 11,000 | |
Hertz Corp. (The)† | | 5.00% | | 12/1/2029 | | | 12,000 | | | | 10,876 | |
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer, Inc.† | | 5.00% | | 2/1/2026 | | | 12,000 | | | | 11,535 | |
Sabre GLBL, Inc.† | | 7.375% | | 9/1/2025 | | | 15,000 | | | | 15,688 | |
| | | | | | | | | | | 61,221 | |
Computers 0.38% | | | | | | | | | | | | |
Ahead DB Holdings LLC† | | 6.625% | | 5/1/2028 | | | 10,000 | | | | 8,955 | |
Condor Merger Sub, Inc.† | | 7.375% | | 2/15/2030 | | | 12,000 | | | | 11,527 | |
Dell International LLC/EMC Corp.† | | 3.375% | | 12/15/2041 | | | 18,000 | | | | 15,162 | |
Dell International LLC/EMC Corp. | | 8.35% | | 7/15/2046 | | | 5,000 | | | | 7,332 | |
| | | | | | | | | | | 42,976 | |
Diversified Financial Services 1.12% | | | | | | | | | | | | |
AG Issuer LLC† | | 6.25% | | 3/1/2028 | | | 14,000 | | | | 14,019 | |
Aircastle Ltd.† | | 2.85% | | 1/26/2028 | | | 26,000 | | | | 23,403 | |
Ally Financial, Inc. | | 8.00% | | 11/1/2031 | | | 25,000 | | | | 31,416 | |
Coinbase Global, Inc.† | | 3.375% | | 10/1/2028 | | | 13,000 | | | | 11,501 | |
Navient Corp. | | 5.00% | | 3/15/2027 | | | 5,000 | | | | 4,772 | |
42 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Diversified Financial Services (continued) | | | | | | | | | | | | |
Navient Corp. | | 6.75% | | 6/25/2025 | | $ | 10,000 | | | $ | 10,287 | |
Neuberger Berman Group LLC/Neuberger Berman Finance Corp.† | | 4.875% | | 4/15/2045 | | | 28,000 | | | | 29,819 | |
| | | | | | | | | | | 125,217 | |
Electric 1.19% | | | | | | | | | | | | |
Calpine Corp.† | | 5.125% | | 3/15/2028 | | | 11,000 | | | | 10,499 | |
Constellation Energy Generation LLC | | 6.25% | | 10/1/2039 | | | 26,000 | | | | 29,401 | |
FirstEnergy Corp. | | 4.40% | | 7/15/2027 | | | 18,000 | | | | 18,145 | |
IPALCO Enterprises, Inc. | | 4.25% | | 5/1/2030 | | | 25,000 | | | | 25,081 | |
Pacific Gas and Electric Co. | | 4.55% | | 7/1/2030 | | | 38,000 | | | | 37,764 | |
Pike Corp.† | | 5.50% | | 9/1/2028 | | | 13,000 | | | | 12,275 | |
| | | | | | | | | | | 133,165 | |
| | | | | | | | | | | | |
Electronics 0.20% | | | | | | | | | | | | |
Atkore, Inc.† | | 4.25% | | 6/1/2031 | | | 12,000 | | | | 11,179 | |
II-VI, Inc.† | | 5.00% | | 12/15/2029 | | | 12,000 | | | | 11,747 | |
| | | | | | | | | | | 22,926 | |
Energy-Alternate Sources 0.06% | | | | | | | | | | | | |
TerraForm Power Operating LLC† | | 4.75% | | 1/15/2030 | | | 7,000 | | | | 6,842 | |
Engineering & Construction 0.31% | | | | | | | | | | | | |
Brundage-Bone Concrete Pumping Holdings, Inc.† | | 6.00% | | 2/1/2026 | | | 11,000 | | | | 10,602 | |
IEA Energy Services LLC† | | 6.625% | | 8/15/2029 | | | 12,000 | | | | 11,302 | |
Weekley Homes LLC/Weekley Finance Corp.† | | 4.875% | | 9/15/2028 | | | 14,000 | | | | 12,929 | |
| | | | | | | | | | | 34,833 | |
Entertainment 0.84% | | | | | | | | | | | | |
Affinity Gaming† | | 6.875% | | 12/15/2027 | | | 12,000 | | | | 11,693 | |
Buena Vista Gaming Authority† | | 13.00% | | 4/1/2023 | | | 15,000 | | | | 16,336 | |
Cinemark USA, Inc.† | | 5.25% | | 7/15/2028 | | | 12,000 | | | | 11,223 | |
Jacobs Entertainment, Inc.† | | 6.75% | | 2/15/2029 | | | 20,000 | | | | 20,125 | |
Live Nation Entertainment, Inc.† | | 4.75% | | 10/15/2027 | | | 12,000 | | | | 11,721 | |
Mohegan Gaming & Entertainment† | | 8.00% | | 2/1/2026 | | | 12,000 | | | | 11,940 | |
Penn National Gaming, Inc.† | | 5.625% | | 1/15/2027 | | | 11,000 | | | | 10,922 | |
| | | | | | | | | | | 93,960 | |
Environmental Control 0.10% | | | | | | | | | | | | |
Madison IAQ LLC† | | 5.875% | | 6/30/2029 | | | 12,000 | | | | 10,787 | |
Food 0.09% | | | | | | | | | | | | |
Kraft Heinz Foods Co. | | 4.875% | | 10/1/2049 | | | 10,000 | | | | 10,549 | |
| See Notes to Schedule of Investments. | 43 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Forest Products & Paper 0.11% | | | | | | | | | | | | |
Sylvamo Corp.† | | 7.00% | | 9/1/2029 | | $ | 12,000 | | | $ | 11,799 | |
Health Care-Products 0.10% | | | | | | | | | | | | |
Mozart Debt Merger Sub, Inc.† | | 3.875% | | 4/1/2029 | | | 12,000 | | | | 11,115 | |
Health Care-Services 1.05% | | | | | | | | | | | | |
Centene Corp. | | 3.375% | | 2/15/2030 | | | 15,000 | | | | 14,140 | |
Centene Corp. | | 4.25% | | 12/15/2027 | | | 37,000 | | | | 37,177 | |
Charles River Laboratories International, Inc.† | | 4.00% | | 3/15/2031 | | | 12,000 | | | | 11,289 | |
CHS/Community Health Systems, Inc.† | | 4.75% | | 2/15/2031 | | | 12,000 | | | | 11,357 | |
HCA, Inc.† | | 4.625% | | 3/15/2052 | | | 14,000 | | | | 14,152 | |
ModivCare Escrow Issuer, Inc.† | | 5.00% | | 10/1/2029 | | | 12,000 | | | | 11,209 | |
Molina Healthcare, Inc.† | | 3.875% | | 11/15/2030 | | | 12,000 | | | | 11,544 | |
Radiology Partners, Inc.† | | 9.25% | | 2/1/2028 | | | 7,000 | | | | 7,014 | |
| | | | | | | | | | | 117,882 | |
Housewares 0.13% | | | | | | | | | | | | |
Newell Brands, Inc. | | 5.625% | | 4/1/2036 | | | 14,000 | | | | 14,413 | |
Insurance 0.10% | | | | | | | | | | | | |
Assurant, Inc. | | 2.65% | | 1/15/2032 | | | 13,000 | | | | 11,370 | |
Internet 0.47% | | | | | | | | | | | | |
Netflix, Inc. | | 5.875% | | 2/15/2025 | | | 15,000 | | | | 16,019 | |
Netflix, Inc. | | 5.875% | | 11/15/2028 | | | 12,000 | | | | 13,257 | |
Uber Technologies, Inc.† | | 4.50% | | 8/15/2029 | | | 13,000 | | | | 12,212 | |
Uber Technologies, Inc.† | | 8.00% | | 11/1/2026 | | | 11,000 | | | | 11,701 | |
| | | | | | | | | | | 53,189 | |
Iron-Steel 0.11% | | | | | | | | | | | | |
United States Steel Corp. | | 6.65% | | 6/1/2037 | | | 12,000 | | | | 12,439 | |
Leisure Time 0.45% | | | | | | | | | | | | |
Carnival Corp.† | | 5.75% | | 3/1/2027 | | | 12,000 | | | | 11,460 | |
Life Time, Inc.† | | 5.75% | | 1/15/2026 | | | 12,000 | | | | 12,005 | |
NCL Finance Ltd.† | | 6.125% | | 3/15/2028 | | | 12,000 | | | | 11,152 | |
Royal Caribbean Cruises Ltd.† | | 9.125% | | 6/15/2023 | | | 15,000 | | | | 15,636 | |
| | | | | | | | | | | 50,253 | |
Lodging 0.21% | | | | | | | | | | | | |
Wyndham Hotels & Resorts, Inc.† | | 4.375% | | 8/15/2028 | | | 12,000 | | | | 11,564 | |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.† | | 5.25% | | 5/15/2027 | | | 12,000 | | | | 11,633 | |
| | | | | | | | | | | 23,197 | |
44 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Media 1.60% | | | | | | | | | | | | |
Block Communications, Inc.† | | 4.875% | | 3/1/2028 | | $ | 10,000 | | | $ | 9,669 | |
Charter Communications Operating LLC/Charter Communications Operating Capital | | 5.25% | | 4/1/2053 | | | 15,000 | | | | 15,142 | |
Charter Communications Operating LLC/Charter Communications Operating Capital | | 6.484% | | 10/23/2045 | | | 14,000 | | | | 15,980 | |
Comcast Corp.(a) | | 1.50% | | 2/20/2029 | | GBP | 100,000 | | | | 123,280 | |
FactSet Research Systems, Inc. | | 3.45% | | 3/1/2032 | | $ | 16,000 | | | | 15,478 | |
| | | | | | | | | | | 179,549 | |
Mining 0.53% | | | | | | | | | | | | |
Century Aluminum Co.† | | 7.50% | | 4/1/2028 | | | 12,000 | | | | 12,537 | |
Freeport-McMoRan, Inc. | | 4.375% | | 8/1/2028 | | | 24,000 | | | | 24,146 | |
Freeport-McMoRan, Inc. | | 4.625% | | 8/1/2030 | | | 11,000 | | | | 11,260 | |
Kaiser Aluminum Corp.† | | 4.625% | | 3/1/2028 | | | 12,000 | | | | 11,295 | |
| | | | | | | | | | | 59,238 | |
Oil & Gas 2.70% | | | | | | | | | | | | |
Aethon United BR LP/Aethon United Finance Corp.† | | 8.25% | | 2/15/2026 | | | 11,000 | | | | 11,434 | |
Callon Petroleum Co.† | | 8.00% | | 8/1/2028 | | | 11,000 | | | | 11,615 | |
Centennial Resource Production LLC† | | 5.375% | | 1/15/2026 | | | 15,000 | | | | 14,580 | |
Civitas Resources, Inc.† | | 5.00% | | 10/15/2026 | | | 17,000 | | | | 16,873 | |
Colgate Energy Partners III LLC† | | 7.75% | | 2/15/2026 | | | 11,000 | | | | 11,741 | |
Comstock Resources, Inc.† | | 6.75% | | 3/1/2029 | | | 12,000 | | | | 12,395 | |
Continental Resources, Inc.† | | 5.75% | | 1/15/2031 | | | 16,000 | | | | 17,525 | |
EQT Corp.† | | 3.625% | | 5/15/2031 | | | 6,000 | | | | 5,739 | |
EQT Corp. | | 5.00% | | 1/15/2029 | | | 15,000 | | | | 15,504 | |
EQT Corp. | | 7.50% | | 2/1/2030 | | | 24,000 | | | | 27,852 | |
Gulfport Energy Operating Corp.† | | 8.00% | | 5/17/2026 | | | 11,510 | | | | 11,858 | |
Helmerich & Payne, Inc.† | | 2.90% | | 9/29/2031 | | | 16,000 | | | | 14,658 | |
Hilcorp Energy I LP/Hilcorp Finance Co.† | | 6.00% | | 2/1/2031 | | | 17,000 | | | | 17,106 | |
Laredo Petroleum, Inc. | | 9.50% | | 1/15/2025 | | | 19,000 | | | | 19,842 | |
Nabors Industries Ltd.† | | 7.25% | | 1/15/2026 | | | 14,000 | | | | 14,023 | |
Occidental Petroleum Corp. | | 6.125% | | 1/1/2031 | | | 16,000 | | | | 18,025 | |
Ovintiv, Inc. | | 6.50% | | 2/1/2038 | | | 13,000 | | | | 15,450 | |
Range Resources Corp. | | 8.25% | | 1/15/2029 | | | 13,000 | | | | 14,265 | |
SM Energy Co. | | 5.625% | | 6/1/2025 | | | 5,000 | | | | 5,000 | |
SM Energy Co. | | 6.75% | | 9/15/2026 | | | 10,000 | | | | 10,296 | |
Southwestern Energy Co. | | 5.375% | | 2/1/2029 | | | 17,000 | | | | 17,236 | |
| | | | | | | | | | | 303,017 | |
| See Notes to Schedule of Investments. | 45 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Oil & Gas Services 0.11% | | | | | | | | | | | | |
Weatherford International Ltd.† | | 8.625% | | 4/30/2030 | | $ | 12,000 | | | $ | 12,198 | |
Pharmaceuticals 0.13% | | | | | | | | | | | | |
Owens & Minor, Inc.† | | 6.625% | | 4/1/2030 | | | 14,000 | | | | 14,426 | |
Pipelines 0.67% | | | | | | | | | | | | |
Buckeye Partners LP | | 6.375% (3 Mo. LIBOR + 4.02%) | # | 1/22/2078 | | | 15,000 | | | | 12,473 | |
Cheniere Corpus Christi Holdings LLC | | 5.125% | | 6/30/2027 | | | 28,000 | | | | 29,881 | |
NGPL PipeCo LLC† | | 3.25% | | 7/15/2031 | | | 24,000 | | | | 22,443 | |
Venture Global Calcasieu Pass LLC† | | 4.125% | | 8/15/2031 | | | 11,000 | | | | 10,811 | |
| | | | | | | | | | | 75,608 | |
REITS 0.65% | | | | | | | | | | | | |
American Homes 4 Rent LP | | 2.375% | | 7/15/2031 | | | 15,000 | | | | 13,267 | |
Blackstone Mortgage Trust, Inc.† | | 3.75% | | 1/15/2027 | | | 24,000 | | | | 22,368 | |
GLP Capital LP/GLP Financing II, Inc. | | 5.75% | | 6/1/2028 | | | 5,000 | | | | 5,389 | |
Invitation Homes Operating Partnership LP | | 2.00% | | 8/15/2031 | | | 15,000 | | | | 12,834 | |
Physicians Realty LP | | 2.625% | | 11/1/2031 | | | 21,000 | | | | 18,983 | |
| | | | | | | | | | | 72,841 | |
Retail 0.99% | | | | | | | | | | | | |
BCPE Ulysses Intermediate, Inc. PIK 8.50%† | | 7.75% | | 4/1/2027 | | | 15,000 | | | | 13,630 | |
CEC Entertainment LLC† | | 6.75% | | 5/1/2026 | | | 12,000 | | | | 11,623 | |
L Brands, Inc.† | | 6.625% | | 10/1/2030 | | | 10,000 | | | | 10,512 | |
LCM Investments Holdings II LLC† | | 4.875% | | 5/1/2029 | | | 13,000 | | | | 12,294 | |
Lowe’s Cos, Inc. | | 3.75% | | 4/1/2032 | | | 18,000 | | | | 18,216 | |
Macy’s Retail Holdings LLC† | | 5.875% | | 4/1/2029 | | | 12,000 | | | | 11,986 | (b) |
Park River Holdings, Inc.† | | 5.625% | | 2/1/2029 | | | 12,000 | | | | 9,716 | |
Party City Holdings, Inc.† | | 8.75% | | 2/15/2026 | | | 12,000 | | | | 11,460 | |
Staples, Inc.† | | 7.50% | | 4/15/2026 | | | 12,000 | | | | 11,666 | |
| | | | | | | | | | | 111,103 | |
Semiconductors 0.31% | | | | | | | | | | | | |
Broadcom, Inc.†(c) | | 4.15% | | 4/15/2032 | | | 23,000 | | | | 22,950 | |
Entegris, Inc.† | | 3.625% | | 5/1/2029 | | | 12,000 | | | | 11,243 | |
| | | | | | | | | | | 34,193 | |
Software 0.52% | | | | | | | | | | | | |
MSCI, Inc.† | | 3.625% | | 11/1/2031 | | | 12,000 | | | | 11,314 | |
ROBLOX Corp.† | | 3.875% | | 5/1/2030 | | | 12,000 | | | | 11,239 | |
Twilio, Inc. | | 3.625% | | 3/15/2029 | | | 8,000 | | | | 7,551 | |
46 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
United States (continued) | | | | | | | | | | | | |
Software (continued) | | | | | | | | | | | | |
Twilio, Inc. | | 3.875% | | 3/15/2031 | | $ | 9,000 | | | $ | 8,380 | |
VMware, Inc. | | 4.70% | | 5/15/2030 | | | 19,000 | | | | 20,131 | |
| | | | | | | | | | | 58,615 | |
Telecommunications 1.22% | | | | | | | | | | | | |
AT&T, Inc.(a) | | 2.875% (EUAMDB05 + 3.14%) | # | – | (d) | EUR | 100,000 | | | | 107,876 | |
Frontier Communications Holdings LLC | | 5.875% | | 11/1/2029 | | $ | 12,000 | | | | 11,002 | |
Sprint Capital Corp. | | 6.875% | | 11/15/2028 | | | 15,000 | | | | 17,408 | |
| | | | | | | | | | | 136,286 | |
Toys/Games/Hobbies 0.10% | | | | | | | | | | | | |
Mattel, Inc. | | 5.45% | | 11/1/2041 | | | 11,000 | | | | 11,733 | |
Trucking & Leasing 0.10% | | | | | | | | | | | | |
Fortress Transportation and Infrastructure Investors LLC† | | 5.50% | | 5/1/2028 | | | 12,000 | | | | 10,926 | |
Total United States | | | | | | | | | | | 2,366,858 | |
Total Corporate Bonds (cost $5,522,436) | | | | | | | | | | | 5,129,961 | |
| | | | | | | | | | | | |
FLOATING RATE LOANS(e) 5.73% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Advertising 0.16% | | | | | | | | | | | | |
Clear Channel Outdoor Holdings, Inc. Term Loan B | | 3.799% (3 Mo. LIBOR + 3.50%) | | 8/21/2026 | | | 18,788 | | | | 18,500 | |
| | | | | | | | | | | | |
Aerospace/Defense 0.15% | | | | | | | | | | | | |
Cobham Ultra SeniorCo S.a.r.l USD Term Loan B (Luxembourg)(f) | | – | (g) | 11/16/2028 | | | 16,686 | | | | 16,533 | |
| | | | | | | | | | | | |
Automobile Manufacturers 0.11% | | | | | | | | | | | | |
Drive Chassis HoldCo, LLC 2019 2nd Lien Term Loan | | 6.988% (3 Mo. LIBOR + 6.75%) | | 4/10/2026 | | | 12,000 | | | | 11,992 | (h) |
| | | | | | | | | | | | |
Building Materials 0.17% | | | | | | | | | | | | |
DiversiTech Holdings, Inc. 2021 1st Lien Term Loan | | 4.756% (3 Mo. LIBOR + 3.75%) | | 12/22/2028 | | | 10,512 | | | | 10,389 | |
DiversiTech Holdings, Inc. 2021 2nd Lien Term Loan | | 7.25% (3 Mo. LIBOR + 6.75%) | | 12/22/2029 | | | 6,766 | | | | 6,648 | |
| See Notes to Schedule of Investments. | 47 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Building Materials (continued) | | | | | | | | | | | | |
DiversiTech Holdings, Inc. 2021 Delayed Draw Term Loan(i) | | – | (g) | 12/22/2028 | | $ | 2,175 | | | $ | 2,149 | |
Total | | | | | | | | | | | 19,186 | |
| | | | | | | | | | | | |
Commercial Services 0.60% | | | | | | | | | | | | |
Amentum Government Services Holdings LLC Term Loan B | | 3.957% (1 Mo. LIBOR + 3.50%) | | 1/29/2027 | | | 11,471 | | | | 11,366 | |
KUEHG Corp. 2018 Incremental Term Loan | | 4.756% (3 Mo. LIBOR + 3.75%) | | 2/21/2025 | | | 18,826 | | | | 18,576 | |
SSH Group Holdings, Inc. 2018 1st Lien Term Loan | | 5.256% (3 Mo. LIBOR + 4.25%) | | 7/30/2025 | | | 18,461 | | | | 17,953 | |
Vaco Holdings, LLC 2022 Term Loan | | 5.75% (3 Mo. SOFR + 5.00%) | | 1/21/2029 | | | 19,717 | | | | 19,630 | |
Total | | | | | | | | | | | 67,525 | |
| | | | | | | | | | | | |
Computers 0.09% | | | | | | | | | | | | |
Peraton Corp. 2nd Lien Term Loan B1 | | – | (g) | 2/1/2029 | | | 10,000 | | | | 9,963 | |
| | | | | | | | | | | | |
Diversified Financial Services 0.52% | | | | | | | | | | | | |
AllSpring Buyer LLC Term Loan B | | 4.313% (3 Mo. LIBOR + 3.25%) | | 11/1/2028 | | | 11,500 | | | | 11,441 | |
Armor Holding II LLC 2021 Term Loan B | | 5.00% (3 Mo. LIBOR + 4.50%) | | 12/11/2028 | | | 16,792 | | | | 16,806 | |
Edelman Financial Center, LLC 2021 Term Loan B | | 4.25% (1 Mo. LIBOR + 3.50%) | | 4/7/2028 | | | 17,910 | | | | 17,734 | |
Minotaur Acquisition, Inc. Term Loan B | | 5.207% (1 Mo. LIBOR + 4.75%) | | 3/27/2026 | | | 11,938 | | | | 11,851 | |
Total | | | | | | | | | | | 57,832 | |
| | | | | | | | | | | | |
Electric 0.09% | | | | | | | | | | | | |
Edgewater Generation, L.L.C. Term Loan | | 4.207% (1 Mo. LIBOR + 3.75%) | | 12/13/2025 | | | 10,804 | | | | 10,016 | |
| | | | | | | | | | | | |
Entertainment 0.19% | | | | | | | | | | | | |
AP Core Holdings II, LLC High-Yield Term Loan B2 | | 6.25% (1 Mo. LIBOR + 5.50%) | | 9/1/2027 | | | 11,500 | | | | 11,471 | |
Scientific Games Holdings LP 2022 USD Term Loan B | | – | (g) | 2/4/2029 | | | 10,222 | | | | 10,144 | |
Total | | | | | | | | | | | 21,615 | |
48 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Health Care Services 0.31% | | | | | | | | | | | | |
Surgery Center Holdings, Inc. 2021 Term Loan | | – | (g) | 8/31/2026 | | $ | 17,456 | | | $ | 17,349 | |
Wellpath Holdings, Inc. 2018 1st Lien Term Loan | | 5.957% (1 Mo. LIBOR + 5.50%) | | 10/1/2025 | | | 18,264 | | | | 17,933 | |
Total | | | | | | | | | | | 35,282 | |
| | | | | | | | | | | | |
Housewares 0.10% | | | | | | | | | | | | |
Springs Windows Fashions, LLC 2021 Term Loan B | | 4.75% (1 Mo. LIBOR + 4.00%) | | 10/6/2028 | | | 12,000 | | | | 11,650 | |
| | | | | | | | | | | | |
Insurance 0.16% | | | | | | | | | | | | |
Asurion LLC 2021 Second Lien Term Loan B4 | | 5.707% (1 Mo. LIBOR + 5.25%) | | 1/20/2029 | | | 18,000 | | | | 17,623 | |
| | | | | | | | | | | | |
Internet 0.17% | | | | | | | | | | | | |
Magnite Inc Term Loan | | 5.75% - 5.81% (6 Mo. LIBOR + 5.00%) | | 4/28/2028 | | | 19,056 | | | | 18,913 | |
| | | | | | | | | | | | |
Investment Management Companies 0.10% | | | | | | | | | | | | |
NEXUS Buyer LLC 2021 Second Lien Term Loan | | – | (g) | 10/29/2029 | | | 11,000 | | | | 10,917 | |
| | | | | | | | | | | | |
Leisure Time 0.23% | | | | | | | | | | | | |
Carnival Corporation 2021 Incremental Term Loan B (Panama)(f) | | 4.00% (3 Mo. LIBOR + 3.25%) | | 10/18/2028 | | | 14,768 | | | | 14,473 | |
Equinox Holdings, Inc. 2017 1st Lien Term Loan | | 4.006% (3 Mo. LIBOR + 3.00%) | | 3/8/2024 | | | 11,938 | | | | 11,281 | |
Total | | | | | | | | | | | 25,754 | |
| | | | | | | | | | | | |
Media 0.16% | | | | | | | | | | | | |
Gray Television, Inc. 2021 Term Loan D | | 3.231% (1 Mo. LIBOR + 3.00%) | | 12/1/2028 | | | 17,756 | | | | 17,687 | |
| | | | | | | | | | | | |
Miscellaneous Manufacture 0.10% | | | | | | | | | | | | |
CeramTec AcquiCo GmbH 2022 EUR Term Loan B(a) | | – | (g) | 1/19/2029 | | EUR | 9,900 | | | | 10,872 | |
| | | | | | | | | | | | |
Oil & Gas 0.38% | | | | | | | | | | | | |
Southwestern Energy Company 2021 Term Loan | | 3.301% (3 Mo. SOFR + 2.50%) | | 6/22/2027 | | $ | 42,635 | | | | 42,608 | |
| | | | | | | | | | | | |
Pharmaceuticals 0.26% | | | | | | | | | | | | |
Jazz Financing Lux S.a.r.l. USD Term Loan (Luxembourg)(f) | | – | (g) | 5/5/2028 | | | 16,957 | | | | 16,916 | |
LSCS Holdings, Inc. 2021 1st Lien Term Loan | | 5.00% (3 Mo. LIBOR + 4.50%) | | 12/16/2028 | | | 12,000 | | | | 11,895 | |
Total | | | | | | | | | | | 28,811 | |
| See Notes to Schedule of Investments. | 49 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Pipelines 0.43% | | | | | | | | | | | | |
Brazos Delaware II, LLC Term Loan B | | 4.449% (1 Mo. LIBOR + 4.00%) | | 5/21/2025 | | $ | 19,241 | | | $ | 19,035 | |
Freeport LNG Investments, LLLP Term Loan B | | 4.00% (3 Mo. LIBOR + 3.50%) | | 12/21/2028 | | | 17,623 | | | | 17,519 | |
Lucid Energy Group II Borrower, LLC 2021 Term Loan | | 5.00% (1 Mo. LIBOR + 4.25%) | | 11/24/2028 | | | 12,000 | | | | 11,916 | |
Total | | | | | | | | | | | 48,470 | |
| | | | | | | | | | | | |
Real Estate Investment Trusts 0.16% | | | | | | | | | | | | |
Claros Mortgage Trust, Inc. 2021 Term Loan B | | 5.00% (1 Mo. SOFR + 4.50%) | | 8/9/2026 | | | 17,683 | | | | 17,639 | |
| | | | | | | | | | | | |
Retail 0.11% | | | | | | | | | | | | |
Evergreen Acqco 1 LP 2021 USD Term Loan | | 6.506% (3 Mo. LIBOR + 5.50%) | | 4/26/2028 | | | 11,929 | | | | 11,869 | |
| | | | | | | | | | | | |
Semiconductors 0.16% | | | | | | | | | | | | |
Altar Bidco, Inc. 2021 2nd Lien Term Loan | | 6.10% (1 Mo. LIBOR + 5.60%) | | 2/1/2030 | | | 9,597 | | | | 9,501 | |
Altar Bidco, Inc. 2021 Term Loan | | – | (g) | 2/1/2029 | | | 8,476 | | | | 8,379 | |
Total | | | | | | | | | | | 17,880 | |
| | | | | | | | | | | | |
Software 0.45% | | | | | | | | | | | | |
ECL Entertainment, LLC Term Loan | | – | (g) | 3/31/2028 | | | 10,972 | | | | 11,096 | |
Red Planet Borrower, LLC Term Loan B | | 4.756% (3 Mo. LIBOR + 3.75%) | | 10/2/2028 | | | 11,940 | | | | 11,808 | |
SS&C Technologies Inc. 2022 Term Loan B6 | | – | (g) | 3/22/2029 | | | 5,154 | | | | 5,114 | |
SS&C Technologies Inc. 2022 Term Loan B7 | | – | (g) | 3/22/2029 | | | 6,984 | | | | 6,928 | |
Think & Learn Private Limited Term Loan B (India)(f) | | 6.25% (3 Mo. LIBOR + 5.50%) | | 11/5/2026 | | | 16,226 | | | | 16,089 | |
Total | | | | | | | | | | | 51,035 | |
| | | | | | | | | | | | |
Telecommunications 0.11% | | | | | | | | | | | | |
Venga Finance Sarl 2021 USD Term Loan B (Luxembourg)(f) | | – | (g) | 12/4/2028 | | | 12,259 | | | | 11,949 | |
| | | | | | | | | | | | |
Transportation 0.26% | | | | | | | | | | | | |
AIT Worldwide Logistics, Inc 2021 Term Loan | | 5.50% (3 Mo. LIBOR + 4.75%) | | 4/6/2028 | | | 20,215 | | | | 20,114 | |
Echo Global Logistics, Inc. Term Loan | | 4.25% (3 Mo. LIBOR + 3.75%) | | 11/23/2028 | | | 9,772 | | | | 9,679 | |
Total | | | | | | | | | | | 29,793 | |
Total Floating Rate Loans (cost $642,286) | | | | | | | | | | | 641,914 | |
50 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
FOREIGN GOVERNMENT OBLIGATIONS 22.81% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Australia 1.00% | | | | | | | | | | | | |
Australia Government Bond(a) | | 3.00% | | 3/21/2047 | | AUD | 19,000 | | | $ | 13,630 | |
Queensland Treasury Corp.†(a) | | 1.50% | | 3/2/2032 | | AUD | 70,000 | | | | 44,969 | |
Queensland Treasury Corp.†(a) | | 3.25% | | 7/21/2026 | | AUD | 70,000 | | | | 53,359 | |
Total Australia | | | | | | | | | | | 111,958 | |
| | | | | | | | | | | | |
Canada 1.08% | | | | | | | | | | | | |
Province of Alberta Canada(a) | | 2.05% | | 6/1/2030 | | CAD | 100,000 | | | | 74,504 | |
Province of Saskatchewan(a) | | 4.75% | | 6/1/2040 | | CAD | 49,000 | | | | 46,702 | |
Total Canada | | | | | | | | | | | 121,206 | |
| | | | | | | | | | | | |
China 3.90% | | | | | | | | | | | | |
China Development Bank(a) | | 3.07% | | 3/10/2030 | | CNY | 650,000 | | | | 101,905 | |
China Development Bank(a) | | 3.09% | | 6/18/2030 | | CNY | 1,300,000 | | | | 203,981 | |
China Development Bank(a) | | 3.68% | | 2/26/2026 | | CNY | 600,000 | | | | 97,402 | |
China Government Bond(a) | | 3.86% | | 7/22/2049 | | CNY | 200,000 | | | | 33,858 | |
Total China | | | | | | | | | | | 437,146 | |
| | | | | | | | | | | | |
Colombia 1.58% | | | | | | | | | | | | |
Colombia Government International Bond(a) | | 3.875% | | 3/22/2026 | | EUR | 100,000 | | | | 115,445 | |
Colombian TES(a) | | 7.50% | | 8/26/2026 | | COP | 250,000,000 | | | | 62,050 | |
Total Colombia | | | | | | | | | | | 177,495 | |
| | | | | | | | | | | | |
Dominican Republic 1.33% | | | | | | | | | | | | |
Dominican Republic International Bond† | | 5.50% | | 2/22/2029 | | $ | 150,000 | | | | 148,500 | |
| | | | | | | | | | | | |
Egypt 1.75% | | | | | | | | | | | | |
Republic of Egypt† | | 4.55% | | 11/20/2023 | | | 200,000 | | | | 196,232 | |
| | | | | | | | | | | | |
France 0.33% | | | | | | | | | | | | |
French Republic Government Bond OAT(a) | | 0.75% | | 5/25/2052 | | EUR | 40,000 | | | | 37,259 | |
| | | | | | | | | | | | |
Germany 1.35% | | | | | | | | | | | | |
Bundesrepublik Deutschland Bundesanleihe(a) | | Zero Coupon | | 2/15/2032 | | EUR | 110,000 | | | | 115,366 | |
Bundesrepublik Deutschland Bundesanleihe(a) | | Zero Coupon | | 8/15/2052 | | EUR | 40,000 | | | | 36,290 | |
Total Germany | | | | | | | | | | | 151,656 | |
| | | | | | | | | | | | |
Indonesia 0.87% | | | | | | | | | | | | |
Indonesia Government International Bond(a) | | 1.30% | | 3/23/2034 | | EUR | 100,000 | | | | 96,790 | |
| See Notes to Schedule of Investments. | 51 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Italy 1.10% | | | | | | | | | | | | |
Italy Buoni Poliennali Del Tesoro†(a) | | 1.50% | | 4/30/2045 | | EUR | 27,000 | | | $ | 25,444 | |
Italy Buoni Poliennali Del Tesoro†(a) | | 2.45% | | 9/1/2033 | | EUR | 85,000 | | | | 97,966 | |
Total Italy | | | | | | | | | | | 123,410 | |
| | | | | | | | | | | | |
Japan 3.66% | | | | | | | | | | | | |
Japan Government Ten Year Bond(a) | | 0.10% | | 12/20/2031 | | JPY | 14,000,000 | | | | 113,801 | |
Japan Treasury Discount Bill(a) | | Zero Coupon | | 5/9/2022 | | JPY | 36,000,000 | | | | 295,741 | |
Total Japan | | | | | | | | | | | 409,542 | |
| | | | | | | | | | | | |
Senegal 0.96% | | | | | | | | | | | | |
Senegal Government International Bond(a) | | 4.75% | | 3/13/2028 | | EUR | 100,000 | | | | 107,754 | |
| | | | | | | | | | | | |
South Africa 0.20% | | | | | | | | | | | | |
Republic of South Africa Government Bond(a) | | 8.75% | | 2/28/2048 | | ZAR | 396,000 | | | | 22,795 | |
| | | | | | | | | | | | |
Spain 2.14% | | | | | | | | | | | | |
Spain Government Bond(a) | | Zero Coupon | | 1/31/2028 | | EUR | 210,000 | | | | 219,995 | |
Spain Government Bond†(a) | | 1.00% | | 7/30/2042 | | EUR | 21,000 | | | | 20,117 | |
Total Spain | | | | | | | | | | | 240,112 | |
| | | | | | | | | | | | |
Turkey 0.50% | | | | | | | | | | | | |
Republic of Turkey | | 7.375% | | 2/5/2025 | | $ | 55,000 | | | | 55,841 | |
| | | | | | | | | | | | |
United Kingdom 0.74% | | | | | | | | | | | | |
United Kingdom Gilt(a) | | 0.875% | | 7/31/2033 | | GBP | 23,000 | | | | 27,714 | |
United Kingdom Gilt(a) | | 1.50% | | 7/22/2047 | | GBP | 45,000 | | | | 55,499 | |
Total United Kingdom | | | | | | | | | | | 83,213 | |
| | | | | | | | | | | | |
United States 0.32% | | | | | | | | | | | | |
Tennessee Valley Authority | | 1.50% | | 9/15/2031 | | $ | 40,000 | | | | 35,972 | |
Total Foreign Government Obligations (cost $2,670,344) | | | | | | | | | | | 2,556,881 | |
| | | | | | | | | | | | |
GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 0.86% | | | | | | | | |
Fannie Mae or Freddie Mac(j) (cost $95,840) | | 3.50% | | TBA | | | 97,000 | | | | 96,878 | |
| | | | | | | | | | | | |
MUNICIPAL BONDS 0.63% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Government 0.41% | | | | | | | | | | | | |
New York City Transitional Finance Authority Futur | | 1.95% | | 8/1/2034 | | | 30,000 | | | | 24,122 | |
Regional Transportation District Sales Tax Revenue | | 2.337% | | 11/1/2036 | | | 25,000 | | | | 21,451 | |
Total | | | | | | | | | | | 45,573 | |
52 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | Fair Value | |
Transportation 0.22% | | | | | | | | | | | | |
Metropolitan Transportation Authority | | 6.668% | | 11/15/2039 | | $ | 20,000 | | | $ | 25,251 | |
Total Municipal Bonds (cost $82,338) | | | | | | | | | | | 70,824 | |
| | | | | | | |
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 3.98% | | | | | | | |
BBCMS Mortgage Trust 2019-BWAY A† | | 1.353% (1 Mo. LIBOR + .96%) | # | 11/15/2034 | | | 11,000 | | | | 10,915 | |
BBCMS Mortgage Trust 2019-BWAY B† | | 1.707% (1 Mo. LIBOR + 1.31%) | # | 11/15/2034 | | | 10,000 | | | | 9,880 | |
Citigroup Commercial Mortgage Trust 2016-GC36 D† | | 2.85% | | 2/10/2049 | | | 45,000 | | | | 30,614 | |
Citigroup Commercial Mortgage Trust 2016-P3 D† | | 2.804% | #(k) | 4/15/2049 | | | 30,000 | | | | 23,327 | |
Commercial Mortgage Pass-Through Certificates 2015-PC1 C | | 4.324% | #(k) | 7/10/2050 | | | 25,000 | | | | 24,559 | |
Commercial Mortgage Pass-Through Certificates 2015-PC1 D | | 4.324% | #(k) | 7/10/2050 | | | 35,000 | | | | 31,455 | |
CSAIL Commercial Mortgage Trust 2016-C7 D† | | 4.382% | #(k) | 11/15/2049 | | | 45,000 | | | | 34,514 | |
Freddie Mac STACR REMIC Trust 2021-DNA6 M2† | | 1.599% (1 Mo. SOFR + 1.50%) | # | 10/25/2041 | | | 30,000 | | | | 28,567 | |
Great Wolf Trust 2019-WOLF A† | | 1.431% (1 Mo. LIBOR + 1.03%) | # | 12/15/2036 | | | 33,000 | | | | 32,599 | |
New Residential Mortgage Loan Trust 2020-NQM1 A1† | | 2.464% | #(k) | 1/26/2060 | | | 29,174 | | | | 29,050 | |
Residential Mortgage Loan Trust 2020-1 A1† | | 2.376% | #(k) | 1/26/2060 | | | 33,563 | | | | 32,738 | |
Verus Securitization Trust 2020-1 A1† | | 2.417% | | 1/25/2060 | | | 14,570 | | | | 14,529 | |
Verus Securitization Trust 2020-5 A1† | | 1.218% | | 5/25/2065 | | | 45,588 | | | | 44,538 | |
ZH Trust 2021-2 A† | | 2.349% | | 10/17/2027 | | | 100,000 | | | | 98,589 | |
Total Non-Agency Commercial Mortgage-Backed Securities (cost $459,746) | | | | | | | | | 445,874 | |
| | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS 7.63% | | | | | | | | | | | | |
U.S. Treasury Bond | | 2.25% | | 2/15/2052 | | | 159,000 | | | | 152,540 | |
U.S. Treasury Bond | | 2.375% | | 2/15/2042 | | | 276,000 | | | | 266,297 | |
U.S. Treasury Inflation Indexed Bond(l) | | 0.125% | | 2/15/2052 | | | 100,969 | | | | 104,886 | |
U.S. Treasury Inflation Indexed Note(l) | | 0.125% | | 1/15/2032 | | | 101,396 | | | | 107,936 | |
U.S. Treasury Note | | 1.50% | | 1/31/2027 | | | 59,000 | | | | 56,391 | |
U.S. Treasury Note | | 2.50% | | 3/31/2027 | | | 167,000 | | | | 167,378 | |
Total U.S. Treasury Obligations (cost $872,008) | | | | | | | | | | | 855,428 | |
Total Long-Term Investments (cost $11,228,517) | | | | | | | | | | | 10,643,176 | |
| See Notes to Schedule of Investments. | 53 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investments | | Principal Amount | | | Fair Value | |
SHORT-TERM INVESTMENTS 5.00% | | | | | | | | |
| | | | | | | | |
Repurchase Agreements 5.00% | | | | | | | | |
Repurchase Agreement dated 3/31/2022, 0.00% due 4/1/2022 with Fixed Income Clearing Corp. collateralized by $568,700 of U.S. Treasury Note at 2.375% due 05/15/2027; value: $571,464; proceeds: $560,181 (cost $560,181) | | $ | 560,181 | | | $ | 560,181 | |
Total Investments in Securities 99.95% (cost $11,788,698) | | | | | | | 11,203,357 | |
Less Unfunded Loan Commitments (0.02%) (cost $2,175) | | | | | | | (2,149 | ) |
Net Investments in Securities 99.93% (cost $11,786,523) | | | | | | | 11,201,208 | |
Other Assets and Liabilities – Net(m) 0.07 | | | | | | | 8,236 | |
Net Assets 100.00% | | | | | | $ | 11,209,444 | |
AUD | | Australian Dollar. |
CAD | | Canadian Dollar. |
CNY | | Chinese Yuan Renminbi. |
COP | | Colombian Peso. |
EUR | | Euro. |
GBP | | British Pound. |
JPY | | Japanese Yen. |
NZD | | New Zealand Dollar. |
SEK | | Swedish Krona. |
ZAR | | South African Rand. |
LIBOR | | London Interbank Offered Rate. |
PIK | | Payment-in-kind. |
REITS | | Real Estate Investment Trusts. |
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 March 31, 2022, the total value of Rule 144A securities was $3,885,560, which represents 34.66% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at March 31, 2022. |
(a) | | Investment in non-U.S. dollar denominated securities. |
(b) | | Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. 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. |
(c) | | Securities purchased on a when-issued basis. |
(d) | | Security is perpetual in nature and has no stated maturity. |
(e) | | 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 March 31, 2022. |
(f) | | Foreign security traded in U.S. dollars. |
(g) | | Interest rate to be determined. |
(h) | | Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. 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. |
54 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
(i) | | Security partially/fully unfunded. |
(j) | | To-be-announced (“TBA”). Security purchased on a forward commitment basis with an approximate principal and maturity date. Actual principal and maturity will be determined upon settlement when the specific mortgage pools are assigned. |
(k) | | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. |
(l) | | Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on principal amount that is adjusted for inflation based on the Consumer Price Index. |
(m) | | 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 March 31, 2022(1):
Referenced Indexes | | Central Clearing Party | | Fund Pays (Quarterly) | | Termination Date | | Notional Amount | | Payments Upfront(2) | | | Value | | | Unrealized Depreciation(3) | |
Markit CDX. NA.HY.37(4)(5) | | Bank of America | | 5.000% | | 12/20/2026 | | $420,000 | | $ | (20,264 | ) | | $ | (26,493 | ) | | | $ | (6,229 | ) |
Markit CDX. NA.IG.38(4)(6) | | Bank of America | | 1.000% | | 6/20/2027 | | 200,000 | | | (2,823 | ) | | | (3,211 | ) | | | | (388 | ) |
| | | | | | | | | | $ | (23,087 | ) | | $ | (29,704 | ) | | | $ | (6,617 | ) |
Centrally Cleared Credit Default Swaps on Indexes – Sell Protection at March 31, 2022(1):
Referenced Indexes | | Central Clearing Party | | Fund Receives (Quarterly) | | Termination Date | | Notional Amount | | Payments Upfront(2) | | | Value | | | Unrealized Appreciation(3) | |
Markit CDX. EM.37(4)(7) | | Bank of America | | 1.000% | | 6/20/2027 | | $270,000 | | $ | (16,554 | ) | | $ | (15,885 | ) | | | $ | 669 | |
(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) receive 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 received/paid by Central Clearing Party are presented net of amortization. |
(3) | | Total unrealized appreciation on Credit Default Swaps on Indexes amounted to $669. Total unrealized depreciation on Credit Default Swaps on Indexes amounted to $6,617. |
(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. |
| See Notes to Schedule of Investments. | 55 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Open Forward Foreign Currency Exchange Contracts at March 31, 2022:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Appreciation | |
Australian dollar | | Buy | | Morgan Stanley | | 5/25/2022 | | 79,000 | | $ 57,869 | | $ 59,161 | | | $ | 1,292 | |
Australian dollar | | Buy | | State Street Bank and Trust | | 5/25/2022 | | 75,000 | | 56,158 | | 56,165 | | | | 7 | |
Brazilian real | | Buy | | Goldman Sachs | | 6/14/2022 | | 142,000 | | 27,426 | | 29,231 | | | | 1,805 | |
Canadian dollar | | Buy | | Bank of America | | 4/20/2022 | | 139,000 | | 110,804 | | 111,177 | | | | 373 | |
Canadian dollar | | Buy | | Bank of America | | 4/20/2022 | | 59,000 | | 46,687 | | 47,190 | | | | 503 | |
Canadian dollar | | Buy | | Goldman Sachs | | 4/20/2022 | | 34,000 | | 26,757 | | 27,194 | | | | 437 | |
Chilean peso | | Buy | | Morgan Stanley | | 6/7/2022 | | 46,186,000 | | 57,035 | | 58,072 | | | | 1,037 | |
Chinese yuan renminbi | | Buy | | State Street Bank and Trust | | 4/21/2022 | | 2,605,000 | | 407,949 | | 409,978 | | | | 2,029 | |
Euro | | Buy | | Bank of America | | 6/10/2022 | | 21,000 | | 23,136 | | 23,288 | | | | 152 | |
Euro | | Buy | | Morgan Stanley | | 6/10/2022 | | 47,000 | | 51,996 | | 52,121 | | | | 125 | |
Indonesian rupiah | | Buy | | Credit Agricole CIB | | 6/7/2022 | | 825,454,000 | | 57,082 | | 57,436 | | | | 354 | |
Japanese yen | | Buy | | Toronto Dominion Bank | | 5/9/2022 | | 11,240,000 | | 91,009 | | 92,390 | | | | 1,381 | |
Mexican peso | | Buy | | State Street Bank and Trust | | 6/21/2022 | | 511,000 | | 24,284 | | 25,338 | | | | 1,054 | |
Norwegian krone | | Buy | | Barclays Bank plc | | 6/14/2022 | | 103,000 | | 11,490 | | 11,694 | | | | 204 | |
South African rand | | Buy | | Morgan Stanley | | 5/9/2022 | | 879,000 | | 57,198 | | 59,886 | | | | 2,688 | |
British pound | | Sell | | State Street Bank and Trust | | 6/7/2022 | | 167,000 | | 222,757 | | 219,314 | | | | 3,443 | |
Japanese yen | | Sell | | Morgan Stanley | | 5/9/2022 | | 36,000,000 | | 298,576 | | 295,912 | | | | 2,664 | |
Japanese yen | | Sell | | State Street Bank and Trust | | 5/9/2022 | | 10,490,000 | | 91,397 | | 86,225 | | | | 5,172 | |
Japanese yen | | Sell | | State Street Bank and Trust | | 5/9/2022 | | 6,630,000 | | 57,408 | | 54,497 | | | | 2,911 | |
South Korean won | | Sell | | Credit Agricole CIB | | 5/9/2022 | | 70,000,000 | | 58,565 | | 57,581 | | | | 984 | |
Unrealized Appreciation on Forward Foreign Currency Exchange Contracts | | | | | | | | | | | $ | 28,615 | |
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Depreciation | |
Colombian peso | | Buy | | Bank of America | | 4/18/2022 | | 220,275,000 | | $ 58,375 | | $ 58,271 | | | $ | (104 | ) |
Euro | | Buy | | Bank of America | | 6/10/2022 | | 96,000 | | 106,603 | | 106,460 | | | | (143 | ) |
Japanese yen | | Buy | | State Street Bank and Trust | | 5/9/2022 | | 136,180,000 | | 1,183,788 | | 1,119,369 | | | | (64,419 | ) |
Russian ruble | | Buy | | State Street Bank and Trust | | 5/23/2022 | | 3,482,000 | | 44,292 | | 39,948 | | | | (4,344 | ) |
South Korean won | | Buy | | Credit Agricole CIB | | 5/9/2022 | | 218,266,000 | | 181,957 | | 179,543 | | | | (2,414 | ) |
Swedish krona | | Buy | | State Street Bank and Trust | | 4/21/2022 | | 173,000 | | 19,033 | | 18,405 | | | | (628 | ) |
Swiss franc | | Buy | | Morgan Stanley | | 4/21/2022 | | 52,000 | | 56,940 | | 56,306 | | | | (634 | ) |
Australian dollar | | Sell | | Toronto Dominion Bank | | 5/25/2022 | | 23,000 | | 16,655 | | 17,224 | | | | (569 | ) |
56 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Depreciation |
Colombian peso | | Sell | | Goldman Sachs | | 4/18/2022 | | 215,000,000 | | $ 53,862 | | $ 56,876 | | | $ | (3,014 | ) |
Euro | | Sell | | Morgan Stanley | | 6/10/2022 | | 176,000 | | 193,016 | | 195,177 | | | | (2,161 | ) |
Euro | | Sell | | Toronto Dominion Bank | | 6/10/2022 | | 20,000 | | 22,141 | | 22,179 | | | | (38 | ) |
Indian rupee | | Sell | | Credit Agricole CIB | | 6/7/2022 | | 8,691,000 | | 113,071 | | 113,483 | | | | (412 | ) |
Japanese yen | | Sell | | State Street Bank and Trust | | 5/9/2022 | | 3,962,000 | | 32,543 | | 32,567 | | | | (24 | ) |
Russian ruble | | Sell | | State Street Bank and Trust | | 5/23/2022 | | 3,482,000 | | 29,710 | | 39,948 | | | | (10,238 | ) |
South African rand | | Sell | | Barclays Bank plc | | 5/9/2022 | | 879,000 | | 58,206 | | 59,886 | | | | (1,680 | ) |
Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | | | | | | | | | | $ | (90,822 | ) |
Open Futures Contracts at March 31, 2022:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Appreciation | |
U.S. 10-Year Ultra Treasury Note | | June 2022 | | 3 | | Short | | | $(421,824) | | | | $(406,406) | | | | $ | 15,418 | |
U.S. 5-Year Treasury Note | | June 2022 | | 3 | | Short | | | (352,236) | | | | (344,062) | | | | | 8,174 | |
Total Unrealized Appreciation on Open Futures Contracts | | | | | | | | | | | | | | | $ | 23,592 | |
The following is a summary of the inputs used as of March 31, 2022 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 | | $ | – | | | $ | 817,860 | | | $ | – | | | $ | 817,860 | |
Convertible Bonds | | | – | | | | 27,556 | | | | – | | | | 27,556 | |
Corporate Bonds | | | | | | | | | | | | | | | | |
Mexico | | | – | | | | 18,739 | | | | 25,678 | | | | 44,417 | |
United States | | | 24,168 | | | | 2,330,704 | | | | 11,986 | | | | 2,366,858 | |
Remaining Countries | | | – | | | | 2,718,686 | | | | – | | | | 2,718,686 | |
Floating Rate Loans | | | | | | | | | | | | | | | | |
United States | | | – | | | | 543,090 | | | | 11,992 | | | | 555,082 | |
Remaining Countries | | | – | | | | 86,832 | | | | – | | | | 86,832 | |
Less Unfunded Commitments | | | – | | | | (2,149 | ) | | | – | | | | (2,149 | ) |
Foreign Government Obligations | | | – | | | | 2,556,881 | | | | – | | | | 2,556,881 | |
Government Sponsored Enterprises Pass-Throughs | | | – | | | | 96,878 | | | | – | | | | 96,878 | |
Municipal Bonds | | | – | | | | 70,824 | | | | – | | | | 70,824 | |
Non-Agency Commercial Mortgage-Backed Securities | | | – | | | | 445,874 | | | | – | | | | 445,874 | |
U.S. Treasury Obligations | | | – | | | | 855,428 | | | | – | | | | 855,428 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 560,181 | | | | – | | | | 560,181 | |
Total | | $ | 24,168 | | | $ | 11,127,384 | | | $ | 49,656 | | | $ | 11,201,208 | |
| See Notes to Schedule of Investments. | 57 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND March 31, 2022
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swap Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 669 | | | $ | – | | | $ | 669 | |
Liabilities | | | – | | | | (6,617 | ) | | | – | | | | (6,617 | ) |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | | – | | | | 28,615 | | | | – | | | | 28,615 | |
Liabilities | | | – | | | | (90,822 | ) | | | – | | | | (90,822 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 23,592 | | | | – | | | | – | | | | 23,592 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Total | | $ | 23,592 | | | $ | (68,155 | ) | | $ | – | | | $ | (44,563 | ) |
| (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. 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. When applicable 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. Management has determined not to provide a reconciliation as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.
58 | See Notes to Schedule of Investments. |
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 & Co. LLC (“Lord Abbett”), the Funds’ 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. 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. 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. Exchange traded options and futures contracts are valued at the last quoted 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. Swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. |
| |
| 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 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 |
59
Notes to Schedule of Investments (unaudited)(continued)
| 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. |
| |
| 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 March 31, 2022 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 each 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 returns. The statute of limitations on each Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.
60
Notes to Schedule of Investments (unaudited)(concluded)
4. | SECURITIES LENDING AGREEMENT |
The Funds have established a securities lending agreement with Citibank, N.A. for the lending of securities to qualified brokers in exchange for securities or cash collateral equal to at least the market value of securities loaned, plus interest, if applicable. Cash collateral is invested in an approved money market fund. In accordance with the Funds’ securities lending agreement, the market value of securities on loan is determined each day at the close of business and any additional collateral required to cover the value of securities on loan is delivered to the Funds on the next business day. As with other extensions of credit, the Funds may experience a delay in the recovery of their securities or incur a loss should the borrower of the securities breach its agreement with the Funds or becomes insolvent at a time when the collateral is insufficient to cover the cost of repurchasing securities on loan.
The initial collateral received by the Funds is required to have a value equal to at least 100% of the market value of the securities loaned. The collateral must be marked-to-market daily to cover increases in the market value of the securities loaned (or potentially a decline in the value of the collateral). In general, the risk of borrower default will be borne by Citibank, N.A.; the Funds will bear the risk of loss with respect to the investment of the cash collateral. The advantage of such loans is that the Funds continue to receive income on loaned securities while receiving a portion of any securities lending fees and earning returns on the cash amounts which may be reinvested for the purchase of investments in securities.
As of March 31, 2022 the funds did not loan any securities.
61
QPHR-GLOBAL-1Q
(05/22)