Lord Abbett
Quarterly Portfolio Holdings Report
Lord Abbett
Emerging Markets Bond Fund
Emerging Markets Corporate Debt Fund
Global Bond Fund
For the period ended September 30, 2023
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
LONG-TERM INVESTMENTS 98.09% | | | | | | | | | | | | |
| | | | | | | | | | | | |
CORPORATE BONDS 30.68% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Bahrain 0.51% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Oil & Gas Holding Co. BSCC | | 7.625% | | 11/7/2024 | | $ | 550,000 | | | $ | 553,694 | |
| | | | | | | | | | | | |
Brazil 1.17% | | | | | | | | | | | | |
Banks 0.71% | | | | | | | | | | | | |
Banco do Brasil SA† | | 3.25% | | 9/30/2026 | | | 850,000 | | | | 781,014 | |
Media 0.46% | | | | | | | | | | | | |
Globo Comunicacao e Participacoes SA† | | 4.875% | | 1/22/2030 | | | 600,000 | | | | 498,925 | |
Total Brazil | | | | | | | | | | | 1,279,939 | |
| | | | | | | | | | | | |
Chile 2.12% | | | | | | | | | | | | |
Electric 0.31% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 496,881 | | | | 340,113 | |
Mining 1.08% | | | | | | | | | | | | |
Corp. Nacional del Cobre de Chile† | | 3.00% | | 9/30/2029 | | | 575,000 | | | | 488,699 | |
Corp. Nacional del Cobre de Chile | | 3.75% | | 1/15/2031 | | | 250,000 | | | | 215,486 | |
Corp. Nacional del Cobre de Chile† | | 6.30% | | 9/8/2053 | | | 500,000 | | | | 476,370 | |
| | | | | | | | | | | 1,180,555 | |
Oil & Gas 0.73% | | | | | | | | | | | | |
Empresa Nacional del Petroleo† | | 3.45% | | 9/16/2031 | | | 1,000,000 | | | | 801,465 | |
Total Chile | | | | | | | | | | | 2,322,133 | |
| | | | | | | | | | | | |
China 0.34% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
Prosus NV† | | 3.832% | | 2/8/2051 | | | 675,000 | | | | 373,223 | |
| | | | | | | | | | | | |
Colombia 1.18% | | | | | | | | | | | | |
Oil & Gas 0.90% | | | | | | | | | | | | |
Ecopetrol SA | | 5.875% | | 11/2/2051 | | | 300,000 | | | | 191,465 | |
Ecopetrol SA | | 8.625% | | 1/19/2029 | | | 793,000 | | | | 796,796 | |
| | | | | | | | | | | 988,261 | |
Pipelines 0.28% | | | | | | | | | | | | |
AI Candelaria Spain SA† | | 5.75% | | 6/15/2033 | | | 437,000 | | | | 309,679 | |
Total Colombia | | | | | | | | | | | 1,297,940 | |
| | | | | | | | | | | | |
India 1.38% | | | | | | | | | | | | |
Commercial Services 0.32% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 3.10% | | 2/2/2031 | | | 500,000 | | | | 345,804 | |
| See Notes to Schedule of Investments. | 1 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
India (continued) | | | | | | | | | | | | |
Oil & Gas 0.69% | | | | | | | | | | | | |
Reliance Industries Ltd.† | | 2.875% | | 1/12/2032 | | $ | 950,000 | | | $ | 758,836 | |
Transportation 0.37% | | | | | | | | | | | | |
Indian Railway Finance Corp. Ltd. | | 2.80% | | 2/10/2031 | | | 500,000 | | | | 403,101 | |
Total India | | | | | | | | | | | 1,507,741 | |
| | | | | | | | | | | | |
Indonesia 2.97% | | | | | | | | | | | | |
Coal 0.45% | | | | | | | | | | | | |
Indika Energy Capital IV Pte. Ltd. | | 8.25% | | 10/22/2025 | | | 500,000 | | | | 495,622 | |
Electric 1.32% | | | | | | | | | | | | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.00% | | 6/30/2050 | | | 880,000 | | | | 570,460 | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara† | | 4.125% | | 5/15/2027 | | | 930,000 | | | | 875,363 | |
| | | | | | | | | | | 1,445,823 | |
Oil & Gas 1.20% | | | | | | | | | | | | |
Pertamina Persero PT† | | 3.10% | | 1/21/2030 | | | 900,000 | | | | 760,696 | |
Pertamina Persero PT† | | 5.625% | | 5/20/2043 | | | 630,000 | | | | 553,110 | |
| | | | | | | | | | | 1,313,806 | |
Total Indonesia | | | | | | | | | | | 3,255,251 | |
| | | | | | | | | | | | |
Israel 0.80% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Bank Hapoalim BM† | | 3.255% (5 yr. CMT + 2.16%) | # | 1/21/2032 | | | 480,000 | | | | 410,997 | |
Bank Leumi Le-Israel BM† | | 3.275% (5 yr. CMT + 1.63%) | # | 1/29/2031 | | | 200,000 | | | | 179,030 | |
Bank Leumi Le-Israel BM | | 5.125% | | 7/27/2027 | | | 300,000 | | | | 292,074 | |
Total Israel | | | | | | | | | | | 882,101 | |
| | | | | | | | | | | | |
Kazakhstan 1.92% | | | | | | | | | | | | |
Oil & Gas 0.99% | | | | | | | | | | | | |
KazMunayGas National Co. JSC† | | 4.75% | | 4/19/2027 | | | 700,000 | | | | 656,836 | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 560,000 | | | | 426,500 | |
| | | | | | | | | | | 1,083,336 | |
Pipelines 0.93% | | | | | | | | | | | | |
QazaqGaz NC JSC† | | 4.375% | | 9/26/2027 | | | 1,100,000 | | | | 1,015,927 | |
Total Kazakhstan | | | | | | | | | | | 2,099,263 | |
2 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Kuwait 0.42% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
NBK Tier 1 Financing 2 Ltd.† | | 4.50% (6 yr. CMT + 2.83%) | # | – | (a) | $ | 500,000 | | | $ | 460,879 | |
| | | | | | | | | | | | |
Malaysia 2.26% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Petronas Capital Ltd.† | | 2.48% | | 1/28/2032 | | | 1,000,000 | | | | 795,729 | |
Petronas Capital Ltd.† | | 3.404% | | 4/28/2061 | | | 1,300,000 | | | | 809,632 | |
Petronas Energy Canada Ltd.† | | 2.112% | | 3/23/2028 | | | 1,000,000 | | | | 872,939 | |
Total Malaysia | | | | | | | | | | | 2,478,300 | |
| | | | | | | | | | | | |
Mexico 3.54% | | | | | | | | | | | | |
Electric 1.00% | | | | | | | | | | | | |
Comision Federal de Electricidad† | | 3.348% | | 2/9/2031 | | | 625,000 | | | | 489,908 | |
Comision Federal de Electricidad | | 3.875% | | 7/26/2033 | | | 800,000 | | | | 607,195 | |
| | | | | | | | | | | 1,097,103 | |
Oil & Gas 2.54% | | | | | | | | | | | | |
Petroleos Mexicanos | | 6.49% | | 1/23/2027 | | | 264,000 | | | | 234,463 | |
Petroleos Mexicanos | | 6.50% | | 6/2/2041 | | | 833,000 | | | | 501,987 | |
Petroleos Mexicanos | | 6.70% | | 2/16/2032 | | | 882,000 | | | | 655,524 | |
Petroleos Mexicanos | | 6.75% | | 9/21/2047 | | | 880,000 | | | | 522,321 | |
Petroleos Mexicanos | | 6.84% | | 1/23/2030 | | | 1,110,000 | | | | 868,277 | |
| | | | | | | | | | | 2,782,572 | |
Total Mexico | | | | | | | | | | | 3,879,675 | |
| | | | | | | | | | | | |
Morocco 0.21% | | | | | | | | | | | | |
Chemicals | | | | | | | | | | | | |
OCP SA† | | 5.125% | | 6/23/2051 | | | 350,000 | | | | 232,944 | |
| | | | | | | | | | | | |
Oman 1.83% | | | | | | | | | | | | |
Electric 1.04% | | | | | | | | | | | | |
OmGrid Funding Ltd.† | | 5.196% | | 5/16/2027 | | | 1,200,000 | | | | 1,143,529 | |
Oil & Gas 0.79% | | | | | | | | | | | | |
EDO Sukuk Ltd.† | | 5.875% | | 9/21/2033 | | | 875,000 | | | | 865,569 | |
Total Oman | | | | | | | | | | | 2,009,098 | |
| | | | | | | | | | | | |
Panama 0.76% | | | | | | | | | | | | |
Banks 0.35% | | | | | | | | | | | | |
Banco Nacional de Panama† | | 2.50% | | 8/11/2030 | | | 500,000 | | | | 389,375 | |
Multi-National 0.41% | | | | | | | | | | | | |
Banco Latinoamericano de Comercio Exterior SA† | | 2.375% | | 9/14/2025 | | | 478,000 | | | | 445,314 | |
Total Panama | | | | | | | | | | | 834,689 | |
| See Notes to Schedule of Investments. | 3 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Paraguay 0.25% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | $ | 300,000 | | | $ | 272,862 | |
| | | | | | | | | | | | |
Peru 0.50% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Banco Internacional del Peru SAA Interbank† | | 3.25% | | 10/4/2026 | | | 590,000 | | | | 545,108 | |
| | | | | | | | | | | | |
Qatar 1.55% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
QatarEnergy† | | 2.25% | | 7/12/2031 | | | 1,500,000 | | | | 1,204,981 | |
QatarEnergy† | | 3.30% | | 7/12/2051 | | | 750,000 | | | | 488,356 | |
Total Qatar | | | | | | | | | | | 1,693,337 | |
| | | | | | | | | | | | |
Saudi Arabia 0.86% | | | | | | | | | | | | |
Oil & Gas 0.35% | | | | | | | | | | | | |
Saudi Arabian Oil Co. | | 2.25% | | 11/24/2030 | | | 300,000 | | | | 241,054 | |
Saudi Arabian Oil Co.† | | 3.25% | | 11/24/2050 | | | 225,000 | | | | 141,199 | |
| | | | | | | | | | | 382,253 | |
Pipelines 0.51% | | | | | | | | | | | | |
EIG Pearl Holdings Sarl† | | 3.545% | | 8/31/2036 | | | 685,000 | | | | 556,539 | |
Total Saudi Arabia | | | | | | | | | | | 938,792 | |
| | | | | | | | | | | | |
South Africa 1.74% | | | | | | | | | | | | |
Electric | | | | | | | | | | | | |
Eskom Holdings SOC Ltd. | | 6.35% | | 8/10/2028 | | | 700,000 | | | | 638,941 | |
Eskom Holdings SOC Ltd.† | | 7.125% | | 2/11/2025 | | | 1,300,000 | | | | 1,270,641 | |
Total South Africa | | | | | | | | | | | 1,909,582 | |
| | | | | | | | | | | | |
South Korea 0.44% | | | | | | | | | | | | |
Energy-Alternate Sources | | | | | | | | | | | | |
Hanwha Energy USA Holdings Corp.† | | 4.125% | | 7/5/2025 | | | 500,000 | | | | 485,802 | |
| | | | | | | | | | | | |
Supranational 0.41% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank† | | 2.634% | | 5/17/2026 | | | 500,000 | | | | 446,577 | |
| | | | | | | | | | | | |
Turkey 1.42% | | | | | | | | | | | | |
Banks 0.92% | | | | | | | | | | | | |
Akbank TAS | | 6.80% | | 2/6/2026 | | | 700,000 | | | | 684,260 | |
Turkiye Vakiflar Bankasi TAO† | | 9.00% | | 10/12/2028 | | | 325,000 | | | | 325,325 | |
| | | | | | | | | | | 1,009,585 | |
4 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Turkey (continued) | | | | | | | | | | | | |
Mining 0.50% | | | | | | | | | | | | |
WE Soda Investments Holding PLC†(b) | | 9.50% | | 10/6/2028 | | $ | 545,000 | | | $ | 550,450 | |
Total Turkey | | | | | | | | | | | 1,560,035 | |
| | | | | | | | | | | | |
United Arab Emirates 1.95% | | | | | | | | | | | | |
Electric 0.19% | | | | | | | | | | | | |
Abu Dhabi National Energy Co. PJSC† | | 4.696% | | 4/24/2033 | | | 220,000 | | | | 209,777 | |
Energy-Alternate Sources 0.46% | | | | | | | | | | | | |
Sweihan PV Power Co. PJSC† | | 3.625% | | 1/31/2049 | | | 649,572 | | | | 504,967 | |
Investment Companies 0.27% | | | | | | | | | | | | |
MDGH GMTN RSC Ltd.† | | 5.50% | | 4/28/2033 | | | 300,000 | | | | 299,700 | |
Pipelines 0.67% | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 1,000,000 | | | | 730,987 | |
Sovereign 0.36% | | | | | | | | | | | | |
Finance Department Government of Sharjah | | 3.625% | | 3/10/2033 | | | 500,000 | | | | 395,252 | |
Total United Arab Emirates | | | | | | | | | | | 2,140,683 | |
| | | | | | | | | | | | |
United States 0.15% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
CITGO Petroleum Corp.† | | 8.375% | | 1/15/2029 | | | 168,000 | | | | 167,893 | |
Total Corporate Bonds (cost $38,701,995) | | | | | | | | | | | 33,627,541 | |
| | | | | | | | | | | | |
FOREIGN GOVERNMENT OBLIGATIONS 67.41% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Angola 1.79% | | | | | | | | | | | | |
Angolan Government International Bonds† | | 8.25% | | 5/9/2028 | | | 1,000,000 | | | | 868,338 | |
Angolan Government International Bonds | | 8.75% | | 4/14/2032 | | | 1,000,000 | | | | 806,484 | |
Angolan Government International Bonds† | | 9.125% | | 11/26/2049 | | | 400,000 | | | | 287,567 | |
Total Angola | | | | | | | | | | | 1,962,389 | |
| | | | | | | | | | | | |
Argentina 1.24% | | | | | | | | | | | | |
Argentina Government International Bonds | | 3.50% | (c) | 7/9/2041 | | | 1,173,000 | | | | 302,969 | |
Argentina Government International Bonds | | 3.625% | (c) | 7/9/2035 | | | 2,950,000 | | | | 735,009 | |
Argentina Government International Bonds | | 4.25% | (c) | 1/9/2038 | | | 1,081,193 | | | | 319,362 | |
Total Argentina | | | | | | | | | | | 1,357,340 | |
| | | | | | | | | | | | |
Azerbaijan 0.41% | | | | | | | | | | | | |
Republic of Azerbaijan International Bonds | | 3.50% | | 9/1/2032 | | | 550,000 | | | | 448,986 | |
| | | | | | | | | | | | |
Bahrain 2.94% | | | | | | | | | | | | |
Bahrain Government International Bonds† | | 5.45% | | 9/16/2032 | | | 1,050,000 | | | | 916,682 | |
Bahrain Government International Bonds† | | 7.00% | | 1/26/2026 | | | 1,180,000 | | | | 1,192,661 | |
| See Notes to Schedule of Investments. | 5 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Bahrain (continued) | | | | | | | | | | | | |
Bahrain Government International Bonds | | 7.50% | | 9/20/2047 | | $ | 700,000 | | | $ | 622,860 | |
CBB International Sukuk Programme Co. WLL† | | 6.25% | | 10/18/2030 | | | 500,000 | | | | 494,133 | |
Total Bahrain | | | | | | | | | | | 3,226,336 | |
| | | | | | | | | | | | |
Bermuda 0.24% | | | | | | | | | | | | |
Bermuda Government International Bonds† | | 2.375% | | 8/20/2030 | | | 320,000 | | | | 258,560 | |
| | | | | | | | | | | | |
Brazil 2.47% | | | | | | | | | | | | |
Brazil Government International Bonds | | 3.75% | | 9/12/2031 | | | 1,650,000 | | | | 1,391,819 | |
Brazil Government International Bonds | | 4.75% | | 1/14/2050 | | | 1,431,000 | | | | 993,534 | |
Brazil Government International Bonds | | 5.00% | | 1/27/2045 | | | 436,000 | | | | 323,846 | |
Total Brazil | | | | | | | | | | | 2,709,199 | |
| | | | | | | | | | | | |
Chile 1.78% | | | | | | | | | | | | |
Chile Government International Bonds | | 4.95% | | 1/5/2036 | | | 1,150,000 | | | | 1,057,024 | |
Chile Government International Bonds | | 5.33% | | 1/5/2054 | | | 1,000,000 | | | | 894,553 | |
Total Chile | | | | | | | | | | | 1,951,577 | |
| | | | | | | | | | | | |
Colombia 2.36% | | | | | | | | | | | | |
Colombia Government International Bonds | | 3.00% | | 1/30/2030 | | | 505,000 | | | | 388,652 | |
Colombia Government International Bonds | | 3.25% | | 4/22/2032 | | | 875,000 | | | | 630,781 | |
Colombia Government International Bonds | | 4.125% | | 5/15/2051 | | | 750,000 | | | | 420,564 | |
Colombia Government International Bonds | | 5.00% | | 6/15/2045 | | | 1,735,000 | | | | 1,142,884 | |
Total Colombia | | | | | | | | | | | 2,582,881 | |
| | | | | | | | | | | | |
Costa Rica 1.10% | | | | | | | | | | | | |
Costa Rica Government International Bonds† | | 5.625% | | 4/30/2043 | | | 862,000 | | | | 716,727 | |
Costa Rica Government International Bonds† | | 6.55% | | 4/3/2034 | | | 500,000 | | | | 487,421 | |
Total Costa Rica | | | | | | | | | | | 1,204,148 | |
| | | | | | | | | | | | |
Dominican Republic 3.15% | | | | | | | | | | | | |
Dominican Republic International Bonds† | | 4.50% | | 1/30/2030 | | | 1,200,000 | | | | 1,019,933 | |
Dominican Republic International Bonds† | | 5.30% | | 1/21/2041 | | | 750,000 | | | | 552,359 | |
Dominican Republic International Bonds† | | 5.875% | | 1/30/2060 | | | 970,000 | | | | 697,751 | |
Dominican Republic International Bonds† | | 5.95% | | 1/25/2027 | | | 1,225,000 | | | | 1,187,374 | |
Total Dominican Republic | | | | | | | | | | | 3,457,417 | |
| | | | | | | | | | | | |
Ecuador 0.96% | | | | | | | | | | | | |
Ecuador Government International Bonds† | | 2.50% | (c) | 7/31/2040 | | | 1,740,077 | | | | 575,648 | |
Ecuador Government International Bonds† | | 3.50% | (c) | 7/31/2035 | | | 1,275,000 | | | | 477,987 | |
Total Ecuador | | | | | | | | | | | 1,053,635 | |
6 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Egypt 2.49% | | | | | | | | | | | | |
Egypt Government International Bonds† | | 7.30% | | 9/30/2033 | | $ | 1,400,000 | | | $ | 781,918 | |
Egypt Government International Bonds | | 7.50% | | 1/31/2027 | | | 1,150,000 | | | | 832,149 | |
Egypt Government International Bonds | | 7.60% | | 3/1/2029 | | | 570,000 | | | | 368,021 | |
Egypt Government International Bonds† | | 7.903% | | 2/21/2048 | | | 920,000 | | | | 474,030 | |
Egypt Government International Bonds† | | 8.75% | | 9/30/2051 | | | 500,000 | | | | 270,308 | |
Total Egypt | | | | | | | | | | | 2,726,426 | |
| | | | | | | | | | | | |
El Salvador 1.28% | | | | | | | | | | | | |
El Salvador Government International Bonds | | 7.65% | | 6/15/2035 | | | 850,000 | | | | 603,982 | |
El Salvador Government International Bonds† | | 8.25% | | 4/10/2032 | | | 1,000,000 | | | | 798,337 | |
Total El Salvador | | | | | | | | | | | 1,402,319 | |
| | | | | | | | | | | | |
Ghana 1.44% | | | | | | | | | | | | |
Ghana Government International Bonds | | 6.375% | | 2/11/2027 | | | 1,625,000 | | | | 725,384 | |
Ghana Government International Bonds† | | 7.625% | | 5/16/2029 | | | 730,000 | | | | 325,413 | |
Ghana Government International Bonds | | 8.625% | | 4/7/2034 | | | 500,000 | | | | 222,575 | |
Ghana Government International Bonds | | 8.627% | | 6/16/2049 | | | 725,000 | | | | 310,207 | |
Total Ghana | | | | | | | | | | | 1,583,579 | |
| | | | | | | | | | | | |
Guatemala 1.02% | | | | | | | | | | | | |
Guatemala Government Bonds | | 3.70% | | 10/7/2033 | | | 250,000 | | | | 192,628 | |
Guatemala Government Bonds† | | 4.375% | | 6/5/2027 | | | 625,000 | | | | 578,351 | |
Guatemala Government Bonds† | | 6.125% | | 6/1/2050 | | | 400,000 | | | | 345,893 | |
Total Guatemala | | | | | | | | | | | 1,116,872 | |
| | | | | | | | | | | | |
Hungary 1.66% | | | | | | | | | | | | |
Hungary Government International Bonds | | 2.125% | | 9/22/2031 | | | 1,200,000 | | | | 887,214 | |
Hungary Government International Bonds | | 3.125% | | 9/21/2051 | | | 600,000 | | | | 333,253 | |
Hungary Government International Bonds† | | 6.125% | | 5/22/2028 | | | 600,000 | | | | 599,030 | |
Total Hungary | | | | | | | | | | | 1,819,497 | |
| | | | | | | | | | | | |
Indonesia 2.75% | | | | | | | | | | | | |
Indonesia Government International Bonds | | 1.85% | | 3/12/2031 | | | 2,600,000 | | | | 2,015,665 | |
Indonesia Government International Bonds | | 3.50% | | 2/14/2050 | | | 500,000 | | | | 340,210 | |
Perusahaan Penerbit SBSN Indonesia III† | | 4.70% | | 6/6/2032 | | | 700,000 | | | | 662,211 | |
Total Indonesia | | | | | | | | | | | 3,018,086 | |
| | | | | | | | | | | | |
Jordan 0.84% | | | | | | | | | | | | |
Jordan Government International Bonds† | | 5.85% | | 7/7/2030 | | | 500,000 | | | | 445,367 | |
Jordan Government International Bonds† | | 7.50% | | 1/13/2029 | | | 488,000 | | | | 477,791 | |
Total Jordan | | | | | | | | | | | 923,158 | |
| See Notes to Schedule of Investments. | 7 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Kazakhstan 0.33% | | | | | | | | | | | | |
Kazakhstan Government International Bonds† | | 4.875% | | 10/14/2044 | | $ | 415,000 | | | $ | 357,327 | |
| | | | | | | | | | | | |
Kenya 0.73% | | | | | | | | | | | | |
Republic of Kenya Government International Bonds† | | 6.30% | | 1/23/2034 | | | 520,000 | | | | 347,322 | |
Republic of Kenya Government International Bonds | | 6.875% | | 6/24/2024 | | | 300,000 | | | | 278,217 | |
Republic of Kenya Government International Bonds† | | 7.00% | | 5/22/2027 | | | 200,000 | | | | 169,998 | |
Total Kenya | | | | | | | | | | | 795,537 | |
| | | | | | | | | | | | |
Lebanon 0.15% | | | | | | | | | | | | |
Lebanon Government International Bonds(d) | | 6.65% | | 2/26/2030 | | | 1,948,000 | | | | 161,283 | |
| | | | | | | | | | | | |
Mexico 2.90% | | | | | | | | | | | | |
Mexico Bonos(e) | | 7.75% | | 5/29/2031 | | MXN | 2,080,000 | | | | 105,190 | |
Mexico Government International Bonds | | 2.659% | | 5/24/2031 | | $ | 2,064,000 | | | | 1,633,726 | |
Mexico Government International Bonds | | 3.771% | | 5/24/2061 | | | 560,000 | | | | 330,233 | |
Mexico Government International Bonds | | 4.875% | | 5/19/2033 | | | 251,000 | | | | 225,413 | |
Mexico Government International Bonds | | 6.338% | | 5/4/2053 | | | 974,000 | | | | 888,840 | |
Total Mexico | | | | | | | | | | | 3,183,402 | |
| | | | | | | | | | | | |
Morocco 0.70% | | | | | | | | | | | | |
Morocco Government International Bonds† | | 3.00% | | 12/15/2032 | | | 600,000 | | | | 458,027 | |
Morocco Government International Bonds† | | 4.00% | | 12/15/2050 | | | 500,000 | | | | 311,000 | |
Total Morocco | | | | | | | | | | | 769,027 | |
| | | | | | | | | | | | |
Nigeria 1.89% | | | | | | | | | | | | |
Nigeria Government International Bonds† | | 6.50% | | 11/28/2027 | | | 1,450,000 | | | | 1,213,244 | |
Nigeria Government International Bonds† | | 7.375% | | 9/28/2033 | | | 600,000 | | | | 445,269 | |
Nigeria Government International Bonds | | 8.25% | | 9/28/2051 | | | 600,000 | | | | 417,105 | |
Total Nigeria | | | | | | | | | | | 2,075,618 | |
| | | | | | | | | | | | |
Oman 1.56% | | | | | | | | | | | | |
Oman Government International Bonds† | | 6.25% | | 1/25/2031 | | | 800,000 | | | | 791,856 | |
Oman Government International Bonds† | | 6.75% | | 1/17/2048 | | | 1,000,000 | | | | 922,146 | |
Total Oman | | | | | | | | | | | 1,714,002 | |
| | | | | | | | | | | | |
Pakistan 0.20% | | | | | | | | | | | | |
Pakistan Government International Bonds | | 6.00% | | 4/8/2026 | | | 425,000 | | | | 221,903 | |
| | | | | | | | | | | | |
Panama 2.26% | | | | | | | | | | | | |
Panama Government International Bonds | | 2.252% | | 9/29/2032 | | | 1,300,000 | | | | 944,137 | |
Panama Government International Bonds | | 3.87% | | 7/23/2060 | | | 1,010,000 | | | | 587,300 | |
Panama Government International Bonds | | 4.30% | | 4/29/2053 | | | 925,000 | | | | 605,492 | |
8 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Panama (continued) | | | | | | | | | | | | |
Panama Government International Bonds | | 4.50% | | 4/16/2050 | | $ | 500,000 | | | $ | 341,778 | |
Total Panama | | | | | | | | | | | 2,478,707 | |
| | | | | | | | | | | | |
Paraguay 0.92% | | | | | | | | | | | | |
Paraguay Government International Bonds† | | 5.40% | | 3/30/2050 | | | 675,000 | | | | 534,346 | |
Paraguay Government International Bonds† | | 5.85% | | 8/21/2033 | | | 500,000 | | | | 474,009 | |
Total Paraguay | | | | | | | | | | | 1,008,355 | |
| | | | | | | | | | | | |
Peru 2.23% | | | | | | | | | | | | |
Peruvian Government International Bonds | | 1.862% | | 12/1/2032 | | | 1,000,000 | | | | 723,837 | |
Peruvian Government International Bonds | | 2.78% | | 12/1/2060 | | | 465,000 | | | | 248,828 | |
Peruvian Government International Bonds | | 3.00% | | 1/15/2034 | | | 1,900,000 | | | | 1,469,290 | |
Total Peru | | | | | | | | | | | 2,441,955 | |
| | | | | | | | | | | | |
Philippines 3.00% | | | | | | | | | | | | |
Philippines Government International Bonds | | 2.65% | | 12/10/2045 | | | 2,800,000 | | | | 1,693,056 | |
Philippines Government International Bonds | | 3.229% | | 3/29/2027 | | | 1,700,000 | | | | 1,600,361 | |
Total Philippines | | | | | | | | | | | 3,293,417 | |
| | | | | | | | | | | | |
Poland 0.63% | | | | | | | | | | | | |
Bank Gospodarstwa Krajowego† | | 5.375% | | 5/22/2033 | | | 350,000 | | | | 330,908 | |
Republic of Poland Government International Bonds | | 5.50% | | 4/4/2053 | | | 400,000 | | | | 363,098 | |
Total Poland | | | | | | | | | | | 694,006 | |
| | | | | | | | | | | | |
Qatar 1.08% | | | | | | | | | | | | |
Qatar Government International Bonds | | 4.40% | | 4/16/2050 | | | 500,000 | | | | 409,133 | |
Qatar Government International Bonds† | | 4.40% | | 4/16/2050 | | | 950,000 | | | | 777,353 | |
Total Qatar | | | | | | | | | | | 1,186,486 | |
| | | | | | | | | | | | |
Romania 2.27% | | | | | | | | | | | | |
Romania Government International Bonds†(e) | | 2.625% | | 12/2/2040 | | EUR | 1,000,000 | | | | 624,467 | |
Romania Government International Bonds | | 4.00% | | 2/14/2051 | | $ | 200,000 | | | | 127,915 | |
Romania Government International Bonds | | 4.00% | | 2/14/2051 | | | 400,000 | | | | 255,829 | |
Romania Government International Bonds | | 6.00% | | 5/25/2034 | | | 920,000 | | | | 868,365 | |
Romania Government International Bonds† | | 6.625% | | 2/17/2028 | | | 600,000 | | | | 608,766 | |
Total Romania | | | | | | | | | | | 2,485,342 | |
| | | | | | | | | | | | |
Saudi Arabia 3.72% | | | | | | | | | | | | |
KSA Sukuk Ltd.† | | 2.25% | | 5/17/2031 | | | 1,000,000 | | | | 808,732 | |
KSA Sukuk Ltd.† | | 5.268% | | 10/25/2028 | | | 1,600,000 | | | | 1,604,565 | |
Saudi Government International Bonds† | | 3.45% | | 2/2/2061 | | | 2,700,000 | | | | 1,660,459 | |
Total Saudi Arabia | | | | | | | | | | | 4,073,756 | |
| See Notes to Schedule of Investments. | 9 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Senegal 0.61% | | | | | | | | | | | | |
Senegal Government International Bonds†(e) | | 5.375% | | 6/8/2037 | | EUR | 220,000 | | | $ | 149,710 | |
Senegal Government International Bonds† | | 6.25% | | 5/23/2033 | | $ | 350,000 | | | | 281,463 | |
Senegal Government International Bonds | | 6.75% | | 3/13/2048 | | | 350,000 | | | | 235,427 | |
Total Senegal | | | | | | | | | | | 666,600 | |
| | | | | | | | | | | | |
Serbia 0.45% | | | | | | | | | | | | |
Serbia International Bonds† | | 6.25% | | 5/26/2028 | | | 500,000 | | | | 490,897 | |
| | | | | | | | | | | | |
South Africa 2.21% | | | | | | | | | | | | |
Republic of South Africa Government International Bonds | | 4.30% | | 10/12/2028 | | | 1,440,000 | | | | 1,249,177 | |
Republic of South Africa Government International Bonds | | 5.75% | | 9/30/2049 | | | 1,760,000 | | | | 1,170,293 | |
Total South Africa | | | | | | | | | | | 2,419,470 | |
| | | | | | | | | | | | |
South Korea 1.10% | | | | | | | | | | | | |
Export-Import Bank of Korea†(e) | | 3.50% | | 6/7/2026 | | EUR | 500,000 | | | | 523,730 | |
Korea National Oil Corp.† | | 4.75% | | 4/3/2026 | | $ | 700,000 | | | | 687,256 | |
Total South Korea | | | | | | | | | | | 1,210,986 | |
| | | | | | | | | | | | |
Sri Lanka 1.41% | | | | | | | | | | | | |
Sri Lanka Government International Bonds†(d) | | 5.75% | | 4/18/2023 | | | 631,000 | | | | 304,594 | |
Sri Lanka Government International Bonds†(d) | | 5.875% | | 7/25/2022 | | | 920,000 | | | | 451,734 | |
Sri Lanka Government International Bonds† | | 6.75% | | 4/18/2028 | | | 1,130,000 | | | | 530,493 | |
Sri Lanka Government International Bonds† | | 7.55% | | 3/28/2030 | | | 550,000 | | | | 256,860 | |
Total Sri Lanka | | | | | | | | | | | 1,543,681 | |
| | | | | | | | | | | | |
Trinidad And Tobago 0.45% | | | | | | | | | | | | |
Trinidad & Tobago Government International Bonds† | | 5.95% | | 1/14/2031 | | | 500,000 | | | | 495,875 | |
| | | | | | | | | | | | |
Tunisia 0.13% | | | | | | | | | | | | |
Tunisian Republic | | 5.75% | | 1/30/2025 | | | 200,000 | | | | 137,358 | |
| | | | | | | | | | | | |
Turkey 4.38% | | | | | | | | | | | | |
Turkey Government International Bonds | | 4.25% | | 4/14/2026 | | | 2,100,000 | | | | 1,926,750 | |
Turkey Government International Bonds | | 5.25% | | 3/13/2030 | | | 1,445,000 | | | | 1,205,585 | |
Turkey Government International Bonds | | 5.75% | | 5/11/2047 | | | 1,450,000 | | | | 984,211 | |
Turkey Government International Bonds | | 5.95% | | 1/15/2031 | | | 800,000 | | | | 682,000 | |
Total Turkey | | | | | | | | | | | 4,798,546 | |
| | | | | | | | | | | | |
Ukraine 0.41% | | | | | | | | | | | | |
Ukraine Government International Bonds | | 7.375% | | 9/25/2034 | | | 1,700,000 | | | | 452,639 | |
10 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United Arab Emirates 1.00% | | | | | | | | | | | | |
Abu Dhabi Government International Bonds† | | 3.125% | | 9/30/2049 | | $ | 1,000,000 | | | $ | 652,177 | |
UAE International Government Bonds† | | 3.25% | | 10/19/2061 | | | 700,000 | | | | 443,625 | |
Total United Arab Emirates | | | | | | | | | | | 1,095,802 | |
| | | | | | | | | | | | |
Uruguay 0.54% | | | | | | | | | | | | |
Uruguay Government International Bonds | | 4.975% | | 4/20/2055 | | | 226,000 | | | | 196,217 | |
Uruguay Government International Bonds | | 5.75% | | 10/28/2034 | | | 385,000 | | | | 392,805 | |
Total Uruguay | | | | | | | | | | | 589,022 | |
| | | | | | | | | | | | |
Zambia 0.23% | | | | | | | | | | | | |
Zambia Government International Bonds | | 8.50% | | 4/14/2024 | | | 450,000 | | | | 248,194 | |
Total Foreign Government Obligations (cost $93,370,497) | | | | | | | | | | | 73,891,598 | |
Total Investments in Securities 98.09% (cost $132,072,492) | | | | | | | | | | | 107,519,139 | |
Other Assets and Liabilities – Net(f) 1.91% | | | | | | | | | | | 2,092,351 | |
Net Assets 100.00% | | | | | | | | | | $ | 109,611,490 | |
| EUR | | Euro. |
| MXN | | Mexican Peso. |
| CMT | | Constant Maturity Rate. |
| † | | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2023, the total value of Rule 144A securities was $58,530,027, which represents 53.40% of net assets. |
| # | | Variable rate security. The interest rate represents the rate in effect at September 30, 2023. |
| (a) | | Security is perpetual in nature and has no stated maturity. |
| (b) | | Securities purchased on a when-issued basis. |
| (c) | | Step Bond – Security with a predetermined schedule of interest rate changes. |
| (d) | | Defaulted (non-income producing security). |
| (e) | | Investment in non-U.S. dollar denominated securities. |
| (f) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows: |
Forward Foreign Currency Exchange Contracts at September 30, 2023:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Appreciation |
Euro | | Sell | | Toronto Dominion Bank | | 12/13/2023 | | 1,276,000 | | $1,377,283 | | $1,353,380 | | $23,903 |
Futures Contracts at September 30, 2023:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Appreciation |
Euro-Bund | | December 2023 | | 8 | | Short | | EUR | (1,051,508 | ) | | EUR | (1,029,120 | ) | | | $ | 23,670 |
Euro-Buxl | | December 2023 | | 2 | | Short | | | (262,637 | ) | | | (244,720 | ) | | | | 18,943 |
U.S. 10-Year Ultra Treasury Bond | | December 2023 | | 87 | | Short | | $ | (9,969,093 | ) | | $ | (9,705,938 | ) | | | | 263,155 |
U.S. 5-Year Treasury Note | | December 2023 | | 43 | | Short | | | (4,572,258 | ) | | | (4,530,453 | ) | | | | 41,805 |
U.S. Ultra Treasury Bond | | December 2023 | | 29 | | Short | | | (3,600,486 | ) | | | (3,441,937 | ) | | | | 158,549 |
Total Unrealized Appreciation on Futures Contracts | | | | | | | | | | | $ | 506,122 |
| See Notes to Schedule of Investments. | 11 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2023
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Depreciation | |
U.S. 10-Year Treasury Note | | December 2023 | | 15 | | Long | | $ | 1,650,920 | | | $ | 1,620,938 | | | | $ | (29,982 | ) |
U.S. 2-Year Treasury Note | | December 2023 | | 29 | | Long | | | 5,891,673 | | | | 5,878,617 | | | | | (13,056 | ) |
U.S. Long Bond | | December 2023 | | 65 | | Long | | | 7,807,164 | | | | 7,395,781 | | | | | (411,383 | ) |
Total Unrealized Depreciation on Futures Contracts | | | | | | | | | | | $ | (454,421 | ) |
The following is a summary of the inputs used as of September 30, 2023 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 | | $ | – | | | $ | 33,627,541 | | | $ | – | | | $ | 33,627,541 | |
Foreign Government Obligations | | | – | | | | 73,891,598 | | | | – | | | | 73,891,598 | |
Total | | $ | – | | | $ | 107,519,139 | | | $ | – | | | $ | 107,519,139 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 23,903 | | | $ | – | | | $ | 23,903 | |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 506,122 | | | | – | | | | – | | | | 506,122 | |
Liabilities | | | (454,421 | ) | | | – | | | | – | | | | (454,421 | ) |
Total | | $ | 51,701 | | | $ | 23,903 | | | $ | – | | | $ | 75,604 | |
(1) | | Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs. |
(2) | | See Notes to 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. 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.
12 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | | | | | Shares | | | U.S. $ Fair Value | |
LONG-TERM INVESTMENTS 95.86% | | | | | | | | | | | | |
| | | | | | | | | | | | |
COMMON STOCKS 0.32% | | | | | | | | | | | | |
| | | | | | | | | | | | |
China 0.09% | | | | | | | | | | | | |
Broadline Retail | | | | | | | | | | | | |
Alibaba Group Holding Ltd. ADR* | | | | | | | 331 | | | $ | 28,711 | |
| | | | | | | | | | | | |
United States 0.23% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Chemicals 0.14% | | | | | | | | | | | | |
Mosaic Co. | | | | | | | 1,291 | | | | 45,960 | |
Food Products 0.09% | | | | | | | | | | | | |
Archer-Daniels-Midland Co. | | | | | | | 412 | | | | 31,073 | |
Total United States | | | | | | | | | | | 77,033 | |
Total Common Stocks (cost $145,497) | | | | | | | | | | | 105,744 | |
| | | | | | | | | | | | |
| | | Interest Rate | | Maturity Date | | | Principal Amount | | | | | |
| | | | | | | | | | | | |
CONVERTIBLE BONDS 0.79% | | | | | | | | | | | | |
| | | | | | | | | | | | |
China 0.15% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
PDD Holdings, Inc. | | Zero Coupon | | 12/1/2025 | | $ | 49,000 | | | | 48,451 | |
| | | | | | | | | | | | |
Macau 0.64% | | | | | | | | | | | | |
Lodging | | | | | | | | | | | | |
Wynn Macau Ltd.† | | 4.50% | | 3/7/2029 | | | 200,000 | | | | 212,046 | |
Total Convertible Bonds (cost $246,520) | | | | | | | | | | | 260,497 | |
| | | | | | | | | | | | |
CORPORATE BONDS 92.68% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Argentina 1.64% | | | | | | | | | | | | |
Energy-Alternate Sources 0.74% | | | | | | | | | | | | |
YPF Energia Electrica SA† | | 10.00% | | 7/25/2026 | | | 262,000 | | | | 244,947 | |
Oil & Gas 0.90% | | | | | | | | | | | | |
YPF SA† | | 6.95% | | 7/21/2027 | | | 370,000 | | | | 297,406 | |
Total Argentina | | | | | | | | | | | 542,353 | |
| | | | | | | | | | | | |
Brazil 4.17% | | | | | | | | | | | | |
Airlines 0.60% | | | | | | | | | | | | |
Azul Secured Finance LLP† | | 11.93% | | 8/28/2028 | | | 200,000 | | | | 198,328 | |
| | |
| See Notes to Schedule of Investments. | 13 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Brazil (continued) | | | | | | | | | | | | |
Engineering & Construction 0.52% | | | | | | | | | | | | |
Sitios Latinoamerica SAB de CV† | | 5.375% | | 4/4/2032 | | $ | 200,000 | | | $ | 172,334 | |
Food 0.60% | | | | | | | | | | | | |
NBM U.S. Holdings, Inc. | | 7.00% | | 5/14/2026 | | | 200,000 | | | | 198,493 | |
Iron-Steel 0.56% | | | | | | | | | | | | |
CSN Inova Ventures† | | 6.75% | | 1/28/2028 | | | 200,000 | | | | 185,262 | |
Oil & Gas 1.28% | | | | | | | | | | | | |
MC Brazil Downstream Trading Sarl† | | 7.25% | | 6/30/2031 | | | 396,575 | | | | 304,647 | |
Petrobras Global Finance BV | | 5.50% | | 6/10/2051 | | | 90,000 | | | | 68,444 | |
Petrobras Global Finance BV | | 6.50% | | 7/3/2033 | | | 50,000 | | | | 47,775 | |
| | | | | | | | | | | 420,866 | |
Water 0.61% | | | | | | | | | | | | |
Aegea Finance Sarl† | | 9.00% | | 1/20/2031 | | | 200,000 | | | | 201,793 | |
Total Brazil | | | | | | | | | | | 1,377,076 | |
| | | | | | | | | | | | |
Chile 3.03% | | | | | | | | | | | | |
Banks 0.55% | | | | | | | | | | | | |
Banco de Credito e Inversiones SA† | | 3.50% | | 10/12/2027 | | | 200,000 | | | | 182,905 | |
Electric 1.07% | | | | | | | | | | | | |
Alfa Desarrollo SpA† | | 4.55% | | 9/27/2051 | | | 248,440 | | | | 170,057 | |
Colbun SA | | 3.95% | | 10/11/2027 | | | 200,000 | | | | 184,847 | |
| | | | | | | | | | | 354,904 | |
Engineering & Construction 0.53% | | | | | | | | | | | | |
ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Partners | | 4.05% | | 4/27/2026 | | | 200,000 | | | | 173,286 | |
Mining 0.47% | | | | | | | | | | | | |
Antofagasta PLC† | | 2.375% | | 10/14/2030 | | | 200,000 | | | | 155,765 | |
Pipelines 0.41% | | | | | | | | | | | | |
GNL Quintero SA† | | 4.634% | | 7/31/2029 | | | 141,200 | | | | 134,959 | |
Total Chile | | | | | | | | | | | 1,001,819 | |
| | | | | | | | | | | | |
China 5.57% | | | | | | | | | | | | |
Diversified Financial Services 0.84% | | | | | | | | | | | | |
BOC Aviation USA Corp.† | | 4.875% | | 5/3/2033 | | | 300,000 | | | | 276,640 | |
Gas 0.56% | | | | | | | | | | | | |
ENN Clean Energy International Investment Ltd.† | | 3.375% | | 5/12/2026 | | | 200,000 | | | | 183,670 | |
| |
14 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
China (continued) | | | | | | | | | | | | |
Internet 2.96% | | | | | | | | | | | | |
Meituan | | 3.05% | | 10/28/2030 | | $ | 300,000 | | | $ | 233,194 | |
Prosus NV | | 3.061% | | 7/13/2031 | | | 200,000 | | | | 148,638 | |
Prosus NV† | | 3.257% | | 1/19/2027 | | | 200,000 | | | | 177,262 | |
Prosus NV† | | 3.832% | | 2/8/2051 | | | 200,000 | | | | 110,585 | |
Tencent Holdings Ltd. | | 3.925% | | 1/19/2038 | | | 200,000 | | | | 151,626 | |
Weibo Corp. | | 3.375% | | 7/8/2030 | | | 200,000 | | | | 156,320 | |
| | | | | | | | | | | 977,625 | |
Investment Companies 0.54% | | | | | | | | | | | | |
Huarong Finance II Co. Ltd. | | 5.00% | | 11/19/2025 | | | 200,000 | | | | 180,340 | |
Real Estate 0.22% | | | | | | | | | | | | |
Country Garden Holdings Co. Ltd. | | 3.30% | | 1/12/2031 | | | 500,000 | | | | 32,500 | |
Kaisa Group Holdings Ltd.†(a) | | 11.95% | | 10/22/2022 | | | 400,000 | | | | 23,500 | |
Ronshine China Holdings Ltd.(a) | | 8.10% | | 6/9/2023 | | | 200,000 | | | | 7,540 | |
Shimao Group Holdings Ltd.(a) | | 3.45% | | 1/11/2031 | | | 200,000 | | | | 8,170 | |
| | | | | | | | | | | 71,710 | |
Telecommunications 0.45% | | | | | | | | | | | | |
Xiaomi Best Time International Ltd. | | 2.875% | | 7/14/2031 | | | 200,000 | | | | 148,646 | |
Total China | | | | | | | | | | | 1,838,631 | |
| | | | | | | | | | | | |
Colombia 4.53% | | | | | | | | | | | | |
Banks 1.10% | | | | | | | | | | | | |
Banco de Bogota SA† | | 6.25% | | 5/12/2026 | | | 200,000 | | | | 190,958 | |
Bancolombia SA | | 4.625% (5 yr. CMT + 2.94%) | # | 12/18/2029 | | | 200,000 | | | | 172,425 | |
| | | | | | | | | | | 363,383 | |
Oil & Gas 2.28% | | | | | | | | | | | | |
Ecopetrol SA | | 5.875% | | 11/2/2051 | | | 302,000 | | | | 192,741 | |
Ecopetrol SA | | 8.625% | | 1/19/2029 | | | 400,000 | | | | 401,915 | |
SierraCol Energy Andina LLC† | | 6.00% | | 6/15/2028 | | | 200,000 | | | | 159,289 | |
| | | | | | | | | | | 753,945 | |
Pipelines 1.15% | | | | | | | | | | | | |
AI Candelaria Spain SA† | | 5.75% | | 6/15/2033 | | | 250,000 | | | | 177,162 | |
AI Candelaria Spain SA | | 7.50% | | 12/15/2028 | | | 220,833 | | | | 201,549 | |
| | | | | | | | | | | 378,711 | |
Total Colombia | | | | | | | | | | | 1,496,039 | |
| | |
| See Notes to Schedule of Investments. | 15 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Dominican Republic 1.10% | | | | | | | | | | | | |
Energy-Alternate Sources Empresa Generadora de Electricidad Haina SA† | | 5.625% | | 11/8/2028 | | $ | 408,000 | | | $ | 362,151 | |
| | | | | | | | | | | | |
Ghana 0.56% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Kosmos Energy Ltd.† | | 7.75% | | 5/1/2027 | | | 200,000 | | | | 185,049 | |
| | | | | | | | | | | | |
Guatemala 0.19% | | | | | | | | | | | | |
Beverages | | | | | | | | | | | | |
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL† | | 5.25% | | 4/27/2029 | | | 70,000 | | | | 63,224 | |
| | | | | | | | | | | | |
India 5.35% | | | | | | | | | | | | |
Banks 0.53% | | | | | | | | | | | | |
Axis Bank Ltd | | 4.10% (5 yr. CMT + 3.32%) | # | – | (b) | | 200,000 | | | | 173,773 | |
Commercial Services 1.16% | | | | | | | | | | | | |
Adani Ports & Special Economic Zone Ltd.† | | 3.10% | | 2/2/2031 | | | 300,000 | | | | 207,482 | |
JSW Infrastructure Ltd. | | 4.95% | | 1/21/2029 | | | 200,000 | | | | 175,658 | |
| | | | | | | | | | | 383,140 | |
Electric 1.30% | | | | | | | | | | | | |
Adani Transmission Step-One Ltd.† | | 4.00% | | 8/3/2026 | | | 300,000 | | | | 262,510 | |
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries | | 4.50% | | 7/14/2028 | | | 200,000 | | | | 168,279 | |
| | | | | | | | | | | 430,789 | |
Energy-Alternate Sources 0.60% | | | | | | | | | | | | |
Continuum Energy Aura Pte. Ltd.† | | 9.50% | | 2/24/2027 | | | 200,000 | | | | 199,810 | |
Engineering & Construction 0.54% | | | | | | | | | | | | |
GMR Hyderabad International Airport Ltd. | | 4.25% | | 10/27/2027 | | | 200,000 | | | | 178,350 | |
Iron-Steel 0.49% | | | | | | | | | | | | |
JSW Steel Ltd. | | 5.05% | | 4/5/2032 | | | 200,000 | | | | 160,782 | |
Transportation 0.73% | | | | | | | | | | | | |
Indian Railway Finance Corp. Ltd. | | 2.80% | | 2/10/2031 | | | 300,000 | | | | 241,861 | |
Total India | | | | | | | | | | | 1,768,505 | |
| | | | | | | | | | | | |
Indonesia 5.08% | | | | | | | | | | | | |
Coal 0.75% | | | | | | | | | | | | |
Indika Energy Capital IV Pte. Ltd. | | 8.25% | | 10/22/2025 | | | 250,000 | | | | 247,811 | |
Electric 2.20% | | | | | | | | | | | | |
Cikarang Listrindo Tbk PT† | | 4.95% | | 9/14/2026 | | | 200,000 | | | | 191,352 | |
Minejesa Capital BV† | | 4.625% | | 8/10/2030 | | | 600,000 | | | | 535,350 | |
| | | | | | | | | | | 726,702 | |
| |
16 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Indonesia (continued) | | | | | | | | | | | | |
Mining 1.56% | | | | | | | | | | | | |
Bukit Makmur Mandiri Utama PT† | | 7.75% | | 2/10/2026 | | $ | 400,000 | | | $ | 348,240 | |
Freeport Indonesia PT | | 6.20% | | 4/14/2052 | | | 200,000 | | | | 167,801 | |
| | | | | | | | | | | 516,041 | |
Oil & Gas 0.57% | | | | | | | | | | | | |
Medco Bell Pte. Ltd. | | 6.375% | | 1/30/2027 | | | 200,000 | | | | 188,237 | |
Total Indonesia | | | | | | | | | | | 1,678,791 | |
| | | | | | | | | | | | |
Israel 3.74% | | | | | | | | | | | | |
Banks 1.06% | | | | | | | | | | | | |
Bank Hapoalim BM† | | 3.255% (5 yr. CMT + 2.16%) | # | 1/21/2032 | | | 200,000 | | | | 171,249 | |
Bank Leumi Le-Israel BM† | | 3.275% (5 yr. CMT + 1.63%) | # | 1/29/2031 | | | 200,000 | | | | 179,030 | |
| | | | | | | | | | | 350,279 | |
Electric 0.50% | | | | | | | | | | | | |
Israel Electric Corp. Ltd.† | | 3.75% | | 2/22/2032 | | | 200,000 | | | | 165,178 | |
Pharmaceuticals 2.18% | | | | | | | | | | | | |
Teva Pharmaceutical Finance Netherlands III BV | | 3.15% | | 10/1/2026 | | | 600,000 | | | | 535,266 | |
Teva Pharmaceutical Finance Netherlands III BV | | 4.10% | | 10/1/2046 | | | 292,000 | | | | 183,150 | |
| | | | | | | | | | | 718,416 | |
Total Israel | | | | | | | | | | | 1,233,873 | |
| | | | | | | | | | | | |
Kazakhstan 1.74% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
KazMunayGas National Co. JSC | | 5.375% | | 4/24/2030 | | | 200,000 | | | | 182,298 | |
KazMunayGas National Co. JSC | | 6.375% | | 10/24/2048 | | | 200,000 | | | | 163,438 | |
Tengizchevroil Finance Co. International Ltd.† | | 3.25% | | 8/15/2030 | | | 300,000 | | | | 228,483 | |
Total Kazakhstan | | | | | | | | | | | 574,219 | |
| | | | | | | | | | | | |
Kuwait 1.38% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
NBK SPC Ltd.† | | 1.625% (SOFR + 1.05%) | # | 9/15/2027 | | | 200,000 | | | | 177,788 | |
NBK Tier 1 Financing 2 Ltd.† | | 4.50% (6 yr. CMT + 2.83%) | # | – | (b) | | 300,000 | | | | 276,527 | |
Total Kuwait | | | | | | | | | | | 454,315 | |
| | |
| See Notes to Schedule of Investments. | 17 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Macau 4.35% | | | | | | | | | | | | |
Lodging | | | | | | | | | | | | |
MGM China Holdings Ltd. | | 4.75% | | 2/1/2027 | | $ | 200,000 | | | $ | 179,721 | |
MGM China Holdings Ltd. | | 4.75% | | 2/1/2027 | | | 200,000 | | | | 179,721 | |
Sands China Ltd. | | 5.375% | | 8/8/2025 | | | 200,000 | | | | 193,871 | |
Sands China Ltd. | | 5.65% | | 8/8/2028 | | | 400,000 | | | | 376,786 | |
Studio City Finance Ltd. | | 5.00% | | 1/15/2029 | | | 200,000 | | | | 150,644 | |
Studio City Finance Ltd. | | 6.00% | | 7/15/2025 | | | 200,000 | | | | 190,550 | |
Wynn Macau Ltd. | | 5.125% | | 12/15/2029 | | | 200,000 | | | | 165,249 | |
Total Macau | | | | | | | | | | | 1,436,542 | |
| | | | | | | | | | | | |
Malaysia 1.60% | | | | | | | | | | | | |
Oil & Gas 0.48% | | | | | | | | | | | | |
Petronas Capital Ltd. | | 2.48% | | 1/28/2032 | | | 200,000 | | | | 159,146 | |
Transportation 1.12% | | | | | | | | | | | | |
Misc Capital Two Labuan Ltd. | | 3.75% | | 4/6/2027 | | | 400,000 | | | | 369,569 | |
Total Malaysia | | | | | | | | | | | 528,715 | |
| | | | | | | | | | | | |
Mexico 4.03% | | | | | | | | | | | | |
Banks 0.59% | | | | | | | | | | | | |
Banco Mercantil del Norte SA | | 6.75% (5 yr. CMT + 4.97%) | # | – | (b) | | 200,000 | | | | 193,855 | |
Building Materials 0.56% | | | | | | | | | | | | |
Cemex SAB de CV | | 5.20% | | 9/17/2030 | | | 200,000 | | | | 183,990 | |
Electric 1.07% | | | | | | | | | | | | |
Comision Federal de Electricidad | | 4.677% | | 2/9/2051 | | | 200,000 | | | | 129,485 | |
Comision Federal de Electricidad† | | 4.688% | | 5/15/2029 | | | 250,000 | | | | 225,355 | |
| | | | | | | | | | | 354,840 | |
Mining 0.72% | | | | | | | | | | | | |
Industrias Penoles SAB de CV† | | 4.75% | | 8/6/2050 | | | 200,000 | | | | 150,651 | |
Southern Copper Corp. | | 5.25% | | 11/8/2042 | | | 100,000 | | | | 86,542 | |
| | | | | | | | | | | 237,193 | |
Oil & Gas 0.64% | | | | | | | | | | | | |
Petroleos Mexicanos | | 6.49% | | 1/23/2027 | | | 238,000 | | | | 211,372 | |
REITS 0.45% | | | | | | | | | | | | |
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332† | | 4.375% | | 7/22/2031 | | | 200,000 | | | | 149,613 | |
Total Mexico | | | | | | | | | | | 1,330,863 | |
| |
18 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Morocco 1.20% | | | | | | | | | | | | |
Chemicals | | | | | | | | | | | | |
OCP SA† | | 3.75% | | 6/23/2031 | | $ | 500,000 | | | $ | 396,163 | |
| | | | | | | | | | | | |
Nigeria 0.27% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
BOI Finance BV†(c) | | 7.50% | | 2/16/2027 | | EUR | 100,000 | | | | 89,842 | |
| | | | | | | | | | | | |
Oman 0.87% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
EDO Sukuk Ltd.† | | 5.875% | | 9/21/2033 | | $ | 292,000 | | | | 288,853 | |
| | | | | | | | | | | | |
Panama 1.55% | | | | | | | | | | | | |
Banks 0.61% | | | | | | | | | | | | |
Multibank, Inc. | | 7.75% | | 2/3/2028 | | | 200,000 | | | | 201,829 | |
Engineering & Construction 0.44% | | | | | | | | | | | | |
Aeropuerto Internacional de Tocumen SA† | | 5.125% | | 8/11/2061 | | | 200,000 | | | | 145,802 | |
Media 0.50% | | | | | | | | | | | | |
Telecomunicaciones Digitales SA† | | 4.50% | | 1/30/2030 | | | 200,000 | | | | 163,469 | |
Total Panama | | | | | | | | | | | 511,100 | |
| | | | | | | | | | | | |
Paraguay 1.10% | | | | | | | | | | | | |
Banks 0.55% | | | | | | | | | | | | |
Banco Continental SAECA† | | 2.75% | | 12/10/2025 | | | 200,000 | | | | 181,908 | |
Telecommunications 0.55% | | | | | | | | | | | | |
Telefonica Celular del Paraguay SA | | 5.875% | | 4/15/2027 | | | 200,000 | | | | 182,363 | |
Total Paraguay | | | | | | | | | | | 364,271 | |
| | | | | | | | | | | | |
Peru 2.74% | | | | | | | | | | | | |
Banks 0.53% | | | | | | | | | | | | |
Banco de Credito del Peru SA† | | 3.25% (5 yr. CMT + 2.45%) | # | 9/30/2031 | | | 200,000 | | | | 175,898 | |
Oil & Gas 0.61% | | | | | | | | | | | | |
Hunt Oil Co. of Peru LLC Sucursal Del Peru† | | 8.55% | | 9/18/2033 | | | 200,000 | | | | 202,144 | |
Packaging & Containers 0.51% | | | | | | | | | | | | |
SAN Miguel Industrias Pet SA/NG PET R&P Latin America SA | | 3.50% | | 8/2/2028 | | | 200,000 | | | | 167,409 | |
Pipelines 0.57% | | | | | | | | | | | | |
Transportadora de Gas del Peru SA | | 4.25% | | 4/30/2028 | | | 200,000 | | | | 189,169 | |
Retail 0.52% | | | | | | | | | | | | |
InRetail Consumer† | | 3.25% | | 3/22/2028 | | | 200,000 | | | | 170,730 | |
Total Peru | | | | | | | | | | | 905,350 | |
| | |
| See Notes to Schedule of Investments. | 19 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Philippines 1.14% | | | | | | | | | | | | |
Holding Companies-Diversified 0.56% | | | | | | | | | | | | |
San Miguel Corp. | | 5.50% (5 yr. CMT + 10.24%) | # | – | (b) | $ | 200,000 | | | $ | 183,810 | |
Retail 0.58% | | | | | | | | | | | | |
Jollibee Worldwide Pte. Ltd. | | 3.90% (5 yr. CMT + 4.78%) | # | – | (b) | | 200,000 | | | | 191,500 | |
Total Philippines | | | | | | | | | | | 375,310 | |
| | | | | | | | | | | | |
Qatar 3.71% | | | | | | | | | | | | |
Banks 0.83% | | | | | | | | | | | | |
QNB Finance Ltd. | | 2.75% | | 2/12/2027 | | | 300,000 | | | | 274,758 | |
Gas 0.39% | | | | | | | | | | | | |
Nakilat, Inc.† | | 6.267% | | 12/31/2033 | | | 124,509 | | | | 129,408 | |
Oil & Gas 0.97% | | | | | | | | | | | | |
QatarEnergy† | | 2.25% | | 7/12/2031 | | | 400,000 | | | | 321,329 | |
Telecommunications 1.52% | | | | | | | | | | | | |
Ooredoo International Finance Ltd.† | | 2.625% | | 4/8/2031 | | | 600,000 | | | | 501,310 | |
Total Qatar | | | | | | | | | | | 1,226,805 | |
| | | | | | | | | | | | |
Russia 0.00% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Alfa Bank AO Via Alfa Bond Issuance PLC(a) | | 5.50% (5 yr. CMT + 4.55%) | | 10/26/2031 | | | 300,000 | | | | – | (d) |
Sberbank of Russia Via SB Capital SA(a) | | 5.25% | | 5/23/2023 | | | 450,000 | | | | – | (d) |
Total Russia | | | | | | | | | | | – | |
| | | | | | | | | | | | |
Saudi Arabia 3.19% | | | | | | | | | | | | |
Oil & Gas 1.60% | | | | | | | | | | | | |
Saudi Arabian Oil Co. | | 2.25% | | 11/24/2030 | | | 500,000 | | | | 401,757 | |
Saudi Arabian Oil Co.† | | 3.25% | | 11/24/2050 | | | 200,000 | | | | 125,510 | |
| | | | | | | | | | | 527,267 | |
Pipelines 1.59% | | | | | | | | | | | | |
EIG Pearl Holdings Sarl† | | 3.545% | | 8/31/2036 | | | 400,000 | | | | 324,986 | |
TMS Issuer Sarl† | | 5.78% | | 8/23/2032 | | | 200,000 | | | | 200,740 | |
| | | | | | | | | | | 525,726 | |
Total Saudi Arabia | | | | | | | | | | | 1,052,993 | |
| |
20 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Singapore 1.69% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
DBS Group Holdings Ltd. | | 1.822% (5 yr. CMT + 1.10%) | # | 3/10/2031 | | $ | 200,000 | | | $ | 181,776 | |
United Overseas Bank Ltd.† | | 2.00% (5 yr. CMT + 1.23%) | # | 10/14/2031 | | | 200,000 | | | | 177,472 | |
United Overseas Bank Ltd. | | 3.875% (5 yr. USD Swap + 1.79%) | # | – | (b) | | 200,000 | | | | 200,179 | |
Total Singapore | | | | | | | | | | | 559,427 | |
| | | | | | | | | | | | |
South Africa 2.37% | | | | | | | | | | | | |
Chemicals 0.60% | | | | | | | | | | | | |
Sasol Financing USA LLC | | 5.875% | | 3/27/2024 | | | 200,000 | | | | 198,225 | |
Electric 1.18% | | | | | | | | | | | | |
Eskom Holdings SOC Ltd.† | | 7.125% | | 2/11/2025 | | | 400,000 | | | | 390,966 | |
Mining 0.59% | | | | | | | | | | | | |
Gold Fields Orogen Holdings BVI Ltd. | | 6.125% | | 5/15/2029 | | | 200,000 | | | | 194,433 | |
Total South Africa | | | | | | | | | | | 783,624 | |
| | | | | | | | | | | | |
South Korea 3.33% | | | | | | | | | | | | |
Banks 0.59% | | | | | | | | | | | | |
Woori Bank | | 4.25% (5 yr. CMT + 2.66%) | # | – | (b) | | 200,000 | | | | 193,750 | |
Electric 0.80% | | | | | | | | | | | | |
Korea Midland Power Co. Ltd. | | 1.25% | | 8/9/2026 | | | 300,000 | | | | 264,117 | |
Energy-Alternate Sources 0.88% | | | | | | | | | | | | |
Hanwha Energy USA Holdings Corp.† | | 4.125% | | 7/5/2025 | | | 300,000 | | | | 291,481 | |
Iron-Steel 0.60% | | | | | | | | | | | | |
POSCO† | | 5.625% | | 1/17/2026 | | | 200,000 | | | | 199,210 | |
Semiconductors 0.46% | | | | | | | | | | | | |
SK Hynix, Inc. | | 2.375% | | 1/19/2031 | | | 200,000 | | | | 150,301 | |
Total South Korea | | | | | | | | | | | 1,098,859 | |
| | | | | | | | | | | | |
Supranational 0.95% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
African Export-Import Bank† | | 2.634% | | 5/17/2026 | | | 350,000 | | | | 312,604 | |
| | | | | | | | | | | | |
Taiwan 2.26% | | | | | | | | | | | | |
Semiconductors | | | | | | | | | | | | |
TSMC Arizona Corp. | | 4.125% | | 4/22/2029 | | | 250,000 | | | | 236,425 | |
TSMC Global Ltd.† | | 1.75% | | 4/23/2028 | | | 200,000 | | | | 170,572 | |
TSMC Global Ltd.† | | 4.375% | | 7/22/2027 | | | 350,000 | | | | 338,161 | |
Total Taiwan | | | | | | | | | | | 745,158 | |
| | |
| See Notes to Schedule of Investments. | 21 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Thailand 2.67% | | | | | | | | | | | | |
Banks 1.72% | | | | | | | | | | | | |
Bangkok Bank PCL† | | 3.466% (5 yr. CMT + 2.15%) | # | 9/23/2036 | | $ | 300,000 | | | $ | 233,161 | |
Bangkok Bank PCL | | 3.733% (5 yr. CMT + 1.90%) | # | 9/25/2034 | | | 400,000 | | | | 334,196 | |
| | �� | | | | | | | | | 567,357 | |
Chemicals 0.48% | | | | | | | | | | | | |
GC Treasury Center Co. Ltd.† | | 2.98% | | 3/18/2031 | | | 200,000 | | | | 158,583 | |
Oil & Gas 0.47% | | | | | | | | | | | | |
Thaioil Treasury Center Co. Ltd.† | | 2.50% | | 6/18/2030 | | | 200,000 | | | | 156,949 | |
Total Thailand | | | | | | | | | | | 882,889 | |
| | | | | | | | | | | | |
Turkey 4.87% | | | | | | | | | | | | |
Banks 3.12% | | | | | | | | | | | | |
Akbank TAS† | | 5.125% | | 3/31/2025 | | | 650,000 | | | | 627,689 | |
Turkiye Vakiflar Bankasi TAO† | | 9.00% | | 10/12/2028 | | | 200,000 | | | | 200,200 | |
Yapi ve Kredi Bankasi AS† | | 9.25% | | 10/16/2028 | | | 200,000 | | | | 201,355 | |
| | | | | | | | | | | 1,029,244 | |
Commercial Services 0.54% | | | | | | | | | | | | |
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS† | | 9.50% | | 7/10/2036 | | | 199,643 | | | | 180,178 | |
Holding Companies-Diversified 0.60% | | | | | | | | | | | | |
KOC Holding AS | | 6.50% | | 3/11/2025 | | | 200,000 | | | | 198,491 | |
Mining 0.61% | | | | | | | | | | | | |
WE Soda Investments Holding PLC†(e) | | 9.50% | | 10/6/2028 | | | 200,000 | | | | 202,000 | |
Total Turkey | | | | | | | | | | | 1,609,913 | |
| | | | | | | | | | | | |
Ukraine 0.46% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
VF Ukraine PAT via VFU Funding PLC | | 6.20% | | 2/11/2025 | | | 200,000 | | | | 151,000 | |
| | | | | | | | | | | | |
United Arab Emirates 5.32% | | | | | | | | | | | | |
Banks 1.44% | | | | | | | | | | | | |
Fab Sukuk Co. Ltd. | | 2.50% | | 1/21/2025 | | | 300,000 | | | | 287,333 | |
First Abu Dhabi Bank PJSC | | 4.50% (5 yr. CMT + 4.14%) | # | – | (b) | | 200,000 | | | | 188,852 | |
| | | | | | | | | | | 476,185 | |
Commercial Services 0.63% | | | | | | | | | | | | |
DP World Ltd.† | | 6.85% | | 7/2/2037 | | | 200,000 | | | | 207,255 | |
| |
22 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United Arab Emirates (continued) | | | | | | | | | | | | |
Electric 1.10% | | | | | | | | | | | | |
Abu Dhabi National Energy Co. PJSC† | | 2.00% | | 4/29/2028 | | $ | 200,000 | | | $ | 173,953 | |
Abu Dhabi National Energy Co. PJSC† | | 4.696% | | 4/24/2033 | | | 200,000 | | | | 190,706 | |
| | | | | | | | | | | 364,659 | |
Energy-Alternate Sources 0.45% | | | | | | | | | | | | |
Sweihan PV Power Co. PJSC† | | 3.625% | | 1/31/2049 | | | 193,902 | | | | 150,736 | |
Equity Real Estate 0.59% | | | | | | | | | | | | |
MAF Sukuk Ltd. | | 4.50% | | 11/3/2025 | | | 200,000 | | | | 194,447 | |
Pipelines 1.11% | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 3.25% | | 9/30/2040 | | | 500,000 | | | | 365,494 | |
Total United Arab Emirates | | | | | | | | | | | 1,758,776 | |
| | | | | | | | | | | | |
United Kingdom 2.66% | | | | | | | | | | | | |
Banks 1.21% | | | | | | | | | | | | |
Standard Chartered PLC† | | 6.301% (1 yr. CMT + 2.45%) | # | 1/9/2029 | | | 400,000 | | | | 398,916 | |
Retail 1.45% | | | | | | | | | | | | |
CK Hutchison International 21 Ltd. | | 2.50% | | 4/15/2031 | | | 600,000 | | | | 480,917 | |
Total United Kingdom | | | | | | | | | | | 879,833 | |
| | | | | | | | | | | | |
United States 0.78% | | | | | | | | | | | | |
Auto Manufacturers 0.39% | | | | | | | | | | | | |
Hyundai Capital America† | | 5.68% | | 6/26/2028 | | | 130,000 | | | | 127,174 | |
Chemicals 0.24% | | | | | | | | | | | | |
CVR Partners LP/CVR Nitrogen Finance Corp.† | | 6.125% | | 6/15/2028 | | | 88,000 | | | | 79,177 | |
Oil & Gas 0.15% | | | | | | | | | | | | |
CITGO Petroleum Corp.† | | 8.375% | | 1/15/2029 | | | 51,000 | | | | 50,968 | |
Total United States | | | | | | | | | | | 257,319 | |
| | | | | | | | | | | | |
Zambia 1.49% | | | | | | | | | | | | |
Mining | | | | | | | | | | | | |
First Quantum Minerals Ltd. | | 6.875% | | 3/1/2026 | | | 300,000 | | | | 291,563 | |
First Quantum Minerals Ltd.† | | 8.625% | | 6/1/2031 | | | 200,000 | | | | 199,286 | |
Total Zambia | | | | | | | | | | | 490,849 | |
Total Corporate Bonds (cost $34,560,463) | | | | | | | | | | | 30,613,103 | |
| | |
| See Notes to Schedule of Investments. | 23 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
FOREIGN GOVERNMENT OBLIGATIONS 2.07% | | | | | | | | | | | | |
| | | | | | | | | | | | |
South Korea 1.55% | | | | | | | | | | | | |
Export-Import Bank of Korea†(c) | | 3.50% | | 6/7/2026 | | EUR | 300,000 | | | $ | 314,238 | |
Korea Electric Power Corp.† | | 5.375% | | 7/31/2026 | | $ | 200,000 | | | | 198,985 | |
Total South Korea | | | | | | | | | | | 513,223 | |
| | | | | | | | | | | | |
Turkey 0.52% | | | | | | | | | | | | |
Turkey Government International Bonds | | 5.95% | | 1/15/2031 | | | 200,000 | | | | 170,500 | |
Total Foreign Government Obligations (cost $373,763) | | | | | | | | | | | 683,723 | |
Total Long-Term Investments (cost $35,647,160) | | | | | | | | | | | 31,663,067 | |
| | | | | | | | | | | | |
SHORT-TERM INVESTMENTS 3.28% | | | | | | | | | | | | |
| | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS 1.97% | | | | | | | | | | | | |
U.S. Treasury Bills | | Zero Coupon | | 1/9/2024 | | | 661,000 | | | | 651,375 | |
| | | | | | | | | | | | |
REPURCHASE AGREEMENTS 1.31% | | | | | | | | | | | | |
Repurchase Agreement dated 9/29/2023, 2.800% due 10/2/2023 with Fixed Income Clearing Corp. collateralized by $448,800 of U.S. Treasury Note at 3.625% due 5/15/2026; value: $440,867; proceeds: $432,247 (cost $432,146) | | | | | | | 432,146 | | | | 432,146 | |
Total Short-Term Investments (cost $1,083,396) | | | | | | | | | | | 1,083,521 | |
Total Investments in Securities 99.14% (cost $36,730,556) | | | | | | | | | | | 32,746,588 | |
Other Assets and Liabilities – Net(f) 0.86% | | | | | | | | | | | 284,067 | |
Net Assets 100.00% | | | | | | | | | | $ | 33,030,655 | |
| | |
EUR | | Euro. |
ADR | | American Depositary Receipt. |
CMT | | Constant Maturity Rate. |
REITS | | Real Estate Investment Trusts. |
SOFR | | Secured Overnight 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 September 30, 2023, the total value of Rule 144A securities was $17,554,118, which represents 53.14% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at September 30, 2023. |
(a) | | Defaulted (non-income producing security). |
(b) | | Security is perpetual in nature and has no stated maturity. |
(c) | | Investment in non-U.S. dollar denominated securities. |
(d) | | Level 3 Investment as described in Note 2(b) in the Notes to Schedule of Investments. Security fair valued by the Pricing Committee. |
(e) | | Securities purchased on a when-issued basis. |
(f) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows: |
| |
24 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Forward Foreign Currency Exchange Contracts at September 30, 2023:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Appreciation | |
Euro | | Sell | | Toronto Dominion Bank | | 12/13/2023 | | 528,000 | | $569,910 | | $560,019 | | $9,891 | |
| | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | U.S. $ Current Value | | Unrealized Depreciation | |
Euro | | Buy | | Morgan Stanley | | 12/13/2023 | | 134,000 | | $143,126 | | $142,126 | | $(1,000 | ) |
Futures Contracts at September 30, 2023:
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Appreciation | |
Euro-Bobl | | December 2023 | | 3 | | Short | | EUR | (30,336) | | | EUR | (347,250) | | | | $ | 3,262 | |
U.S. 10-Year Ultra Treasury Bond | | December 2023 | | 15 | | Short | | $ | (1,714,284 | ) | | $ | (1,673,438 | ) | | | | 40,846 | |
U.S. 5-Year Treasury Note | | December 2023 | | 25 | | Short | | | (2,658,299 | ) | | | (2,633,985 | ) | | | | 24,314 | |
Total Unrealized Appreciation on Futures Contracts | | | | | | | | | | $ | 68,422 | |
| | | | | | | | | | | | | | |
Type | | Expiration | | Contracts | | Position | | Notional Amount | | | Notional Value | | | Unrealized Depreciation | |
U.S. 10-Year Treasury Note | | December 2023 | | 6 | | Long | | $ | 653,305 | | | $ | 648,375 | | | | $ | (4,930 | ) |
U.S. 2-Year Treasury Note | | December 2023 | | 14 | | Long | | | 2,844,155 | | | | 2,837,953 | | | | | (6,202 | ) |
U.S. Long Bond | | December 2023 | | 3 | | Long | | | 358,270 | | | | 341,344 | | | | | (16,926 | ) |
U.S. Ultra Treasury Bond | | December 2023 | | 4 | | Long | | | 500,808 | | | | 474,750 | | | | | (26,058 | ) |
Total Unrealized Depreciation on Futures Contracts | | | | | | | | | | $ | (54,116 | ) |
The following is a summary of the inputs used as of September 30, 2023 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 | | $ | 105,744 | | | $ | – | | | $ | – | | | $ | 105,744 | |
Convertible Bonds | | | – | | | | 260,497 | | | | – | | | | 260,497 | |
Corporate Bonds | | | | | | | | | | | | | | | | |
Russia | | | – | | | | – | | | | – | (3) | | | – | (3) |
Remaining Countries | | | – | | | | 30,613,103 | | | | – | | | | 30,613,103 | |
Foreign Government Obligations | | | – | | | | 683,723 | | | | – | | | | 683,723 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 432,146 | | | | – | | | | 432,146 | |
U.S. Treasury Obligations | | | – | | | | 651,375 | | | | – | | | | 651,375 | |
Total | | $ | 105,744 | | | $ | 32,640,844 | | | $ | – | | | $ | 32,746,588 | |
| | |
| See Notes to Schedule of Investments. | 25 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2023
Investment Type(2) | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | 9,891 | | | $ | – | | | $ | 9,891 | |
Liabilities | | | – | | | | (1,000 | ) | | | – | | | | (1,000 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 68,422 | | | | – | | | | – | | | | 68,422 | |
Liabilities | | | (54,116 | ) | | | – | | | | – | | | | (54,116 | ) |
Total | | $ | 14,306 | | | $ | 8,891 | | | $ | – | | | $ | 23,197 | |
| | |
(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. Countries 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. |
(3) | | Includes securities with zero market value. |
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.
26 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
LONG-TERM INVESTMENTS 101.35% | | | | | | | | | | | | |
| | | | | | | | | | | | |
ASSET-BACKED SECURITIES 7.15% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Cayman Islands 2.10% | | | | | | | | | | | | |
Other | | | | | | | | | | | | |
Venture 33 CLO Ltd. Series 2018-33A Class A1LR† | | 6.63% (3 mo. USD Term SOFR + 1.32%) | # | 7/15/2031 | | $ | 100,000 | | | $ | 99,878 | |
Verde CLO Ltd. Series 2019-1A Class AR† | | 6.67% (3 mo. USD Term SOFR + 1.36%) | # | 4/15/2032 | | | 100,000 | | | | 99,648 | |
Total Cayman Islands | | | | | | | | | | | 199,526 | |
| | | | | | | | | | | | |
United States 5.05% | | | | | | | | | | | | |
Automobiles 2.41% | | | | | | | | | | | | |
Avid Automobile Receivables Trust Series 2019-1 Class C† | | 3.14% | | 7/15/2026 | | | 10,493 | | | | 10,483 | |
CarMax Auto Owner Trust Series 2023-1 Class D | | 6.27% | | 11/15/2029 | | | 50,000 | | | | 48,714 | |
Citizens Auto Receivables Trust Series 2023-2 Class A3† | | 5.83% | | 2/15/2028 | | | 50,000 | | | | 50,014 | |
Ford Credit Auto Lease Trust Series 2023-B Class D | | 6.97% | | 6/15/2028 | | | 30,000 | | | | 29,988 | |
GM Financial Automobile Leasing Trust Series 2023-2 Class B | | 5.54% | | 5/20/2027 | | | 50,000 | | | | 49,405 | |
Westlake Automobile Receivables Trust Series 2023-1A Class A3† | | 5.21% | | 1/18/2028 | | | 40,000 | | | | 39,630 | |
| | | | | | | | | | | 228,234 | |
Credit Card 0.42% | | | | | | | | | | | | |
Synchrony Card Funding LLC Series 2023-A1 Class A | | 5.54% | | 7/15/2029 | | | 40,000 | | | | 39,967 | |
Other 2.22% | | | | | | | | | | | | |
Dell Equipment Finance Trust Series 2023-2 Class A2† | | 5.84% | | 1/22/2029 | | | 100,000 | | | | 99,927 | |
Mariner Finance Issuance Trust Series 2021-BA Class A† | | 2.10% | | 11/20/2036 | | | 100,000 | | | | 87,354 | |
ME Funding LLC Series 2019-1 Class A2† | | 6.448% | | 7/30/2049 | | | 24,063 | | | | 23,616 | |
| | | | | | | | | | | 210,897 | |
Total United States | | | | | | | | | | | 479,098 | |
Total Asset-Backed Securities (cost $684,445) | | | | | | | | | | | 678,624 | |
| | |
| See Notes to Schedule of Investments. | 27 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
CORPORATE BONDS 51.48% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Australia 0.21% | | | | | | | | | | | | |
Mining | | | | | | | | | | | | |
FMG Resources August 2006 Pty. Ltd.† | | 4.375% | | 4/1/2031 | | $ | 12,000 | | | $ | 9,889 | |
FMG Resources August 2006 Pty. Ltd.† | | 4.50% | | 9/15/2027 | | | 11,000 | | | | 9,970 | |
Total Australia | | | | | | | | | | | 19,859 | |
| | | | | | | | | | | | |
Bermuda 1.02% | | | | | | | | | | | | |
Insurance | | | | | | | | | | | | |
PartnerRe Ireland Finance DAC(a) | | 1.25% | | 9/15/2026 | | EUR | 100,000 | | | | 96,750 | |
| | | | | | | | | | | | |
Canada 1.00% | | | | | | | | | | | | |
Aerospace/Defense 0.10% | | | | | | | | | | | | |
Bombardier, Inc.† | | 6.00% | | 2/15/2028 | | $ | 11,000 | | | | 9,990 | |
Banks 0.17% | | | | | | | | | | | | |
Toronto-Dominion Bank | | 4.456% | | 6/8/2032 | | | 18,000 | | | | 16,153 | |
Electric 0.14% | | | | | | | | | | | | |
TransAlta Corp. | | 7.75% | | 11/15/2029 | | | 13,000 | | | | 13,175 | |
Insurance 0.13% | | | | | | | | | | | | |
Jones Deslauriers Insurance Management, Inc.† | | 8.50% | | 3/15/2030 | | | 12,000 | | | | 12,102 | |
Oil & Gas 0.22% | | | | | | | | | | | | |
Baytex Energy Corp.† | | 8.75% | | 4/1/2027 | | | 10,000 | | | | 10,165 | |
Precision Drilling Corp.† | | 6.875% | | 1/15/2029 | | | 11,000 | | | | 10,430 | |
| | | | | | | | | | | 20,595 | |
Oil & Gas Services 0.24% | | | | | | | | | | | | |
Enerflex Ltd.† | | 9.00% | | 10/15/2027 | | | 23,000 | | | | 22,736 | |
Total Canada | | | | | | | | | | | 94,751 | |
| | | | | | | | | | | | |
Colombia 0.78% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Ecopetrol SA | | 8.625% | | 1/19/2029 | | | 74,000 | | | | 74,354 | |
| | | | | | | | | | | | |
Denmark 0.93% | | | | | | | | | | | | |
Banks | | | | | | | | | | | | |
Danske Bank AS(a) | | 0.75% (1 yr. EURIBOR ICE Swap + 0.88%) | # | 6/9/2029 | | EUR | 100,000 | | | | 88,463 | |
| | | | | | | | | | | | |
France 2.13% | | | | | | | | | | | | |
Environmental Control 1.00% | | | | | | | | | | | | |
Paprec Holding SA(a) | | 3.50% | | 7/1/2028 | | EUR | 100,000 | | | | 94,888 | |
| |
28 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
France (continued) | | | | | | | | | | | | |
Miscellaneous Manufacturing 0.11% | | | | | | | | | | | | |
Calderys Financing LLC† | | 11.25% | | 6/1/2028 | | $ | 10,000 | | | $ | 10,256 | |
Water 1.02% | | | | | | | | | | | | |
Suez SACA(a) | | 1.875% | | 5/24/2027 | | EUR | 100,000 | | | | 97,550 | |
Total France | | | | | | | | | | | 202,694 | |
| | | | | | | | | | | | |
Germany 1.08% | | | | | | | | | | | | |
Retail | | | | | | | | | | | | |
Douglas GmbH(a) | | 6.00% | | 4/8/2026 | | EUR | 100,000 | | | | 102,685 | |
| | | | | | | | | | | | |
Ireland 0.68% | | | | | | | | | | | | |
Diversified Financial Services | | | | | | | | | | | | |
Avolon Holdings Funding Ltd.† | | 2.125% | | 2/21/2026 | | $ | 72,000 | | | | 64,538 | |
| | | | | | | | | | | | |
Luxembourg 1.87% | | | | | | | | | | | | |
Advertising 1.02% | | | | | | | | | | | | |
Summer BC Holdco B Sarl(a) | | 5.75% | | 10/31/2026 | | EUR | 100,000 | | | | 97,267 | |
Equity Real Estate 0.85% | | | | | | | | | | | | |
Logicor Financing Sarl(a) | | 1.625% | | 1/17/2030 | | EUR | 100,000 | | | | 80,194 | |
Total Luxembourg | | | | | | | | | | | 177,461 | |
| | | | | | | | | | | | |
Mexico 0.49% | | | | | | | | | | | | |
Oil & Gas | | | | | | | | | | | | |
Petroleos Mexicanos | | 6.70% | | 2/16/2032 | | $ | 62,000 | | | | 46,080 | |
| | | | | | | | | | | | |
Slovenia 0.92% | | | | | | | | | | | | |
Internet | | | | | | | | | | | | |
United Group BV†(a) | | 5.25% | | 2/1/2030 | | EUR | 100,000 | | | | 87,500 | |
| | | | | | | | | | | | |
Spain 1.04% | | | | | | | | | | | | |
Telecommunications | | | | | | | | | | | | |
Lorca Telecom Bondco SA†(a) | | 4.00% | | 9/18/2027 | | EUR | 100,000 | | | | 98,484 | |
| | | | | | | | | | | | |
Supranational 0.37% | | | | | | | | | | | | |
Multi-National | | | | | | | | | | | | |
International Finance Corp.(a) | | 0.375% | | 9/10/2025 | | NZD | 65,000 | | | | 35,118 | |
| | | | | | | | | | | | |
United Arab Emirates 1.42% | | | | | | | | | | | | |
Pipelines | | | | | | | | | | | | |
Galaxy Pipeline Assets Bidco Ltd.† | | 1.75% | | 9/30/2027 | | $ | 145,874 | | | | 134,860 | |
| | |
| See Notes to Schedule of Investments. | 29 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United Kingdom 6.60% | | | | | | | | | | | | |
Agriculture 0.61% | | | | | | | | | | | | |
BAT Capital Corp. | | 3.222% | | 8/15/2024 | | $ | 42,000 | | | $ | 40,966 | |
BAT Capital Corp. | | 6.343% | | 8/2/2030 | | | 17,000 | | | | 16,754 | |
| | | | | | | | | | | 57,720 | |
Apparel 1.00% | | | | | | | | | | | | |
Chanel Ceres PLC(a) | | 0.50% | | 7/31/2026 | | EUR | 100,000 | | | | 95,231 | |
Commercial Services 0.93% | | | | | | | | | | | | |
BCP V Modular Services Finance II PLC(a) | | 4.75% | | 11/30/2028 | | EUR | 100,000 | | | | 88,874 | |
Electric 0.31% | | | | | | | | | | | | |
National Grid PLC | | 5.809% | | 6/12/2033 | | $ | 30,000 | | | | 29,172 | |
Engineering & Construction 1.31% | | | | | | | | | | | | |
Heathrow Funding Ltd.(a) | | 6.75% | | 12/3/2028 | | GBP | 100,000 | | | | 124,765 | |
Entertainment 1.22% | | | | | | | | | | | | |
CPUK Finance Ltd.(a) | | 3.588% | | 2/28/2042 | | GBP | 100,000 | | | | 115,504 | |
Retail 1.22% | | | | | | | | | | | | |
Stonegate Pub Co. Financing 2019 PLC(a) | | 8.25% | | 7/31/2025 | | GBP | 100,000 | | | | 115,803 | |
Total United Kingdom | | | | | | | | | | | 627,069 | |
| | | | | | | | | | | | |
United States 30.94% | | | | | | | | | | | | |
Aerospace/Defense 0.80% | | | | | | | | | | | | |
HEICO Corp. | | 5.35% | | 8/1/2033 | | $ | 15,000 | | | | 14,218 | |
L3Harris Technologies, Inc. | | 5.40% | | 7/31/2033 | | | 32,000 | | | | 30,773 | |
Spirit AeroSystems, Inc.† | | 9.375% | | 11/30/2029 | | | 9,000 | | | | 9,170 | |
TransDigm, Inc. | | 4.625% | | 1/15/2029 | | | 15,000 | | | | 13,117 | |
Triumph Group, Inc. | | 7.75% | | 8/15/2025 | | | 9,000 | | | | 8,560 | |
| | | | | | | | | | | 75,838 | |
Agriculture 0.49% | | | | | | | | | | | | |
Cargill, Inc.† | | 4.00% | | 6/22/2032 | | | 27,000 | | | | 24,144 | |
Philip Morris International, Inc. | | 5.625% | | 11/17/2029 | | | 23,000 | | | | 22,750 | |
| | | | | | | | | | | 46,894 | |
Airlines 0.10% | | | | | | | | | | | | |
American Airlines, Inc.† | | 7.25% | | 2/15/2028 | | | 10,000 | | | | 9,571 | |
Auto Manufacturers 0.34% | | | | | | | | | | | | |
Ford Motor Co. | | 3.25% | | 2/12/2032 | | | 42,000 | | | | 32,409 | |
Auto Parts & Equipment 0.10% | | | | | | | | | | | | |
Tenneco, Inc.† | | 8.00% | | 11/17/2028 | | | 12,000 | | | | 9,780 | |
| |
30 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Banks 5.10% | | | | | | | | | | | | |
Bank of America Corp. | | 2.687% (SOFR + 1.32%) | # | 4/22/2032 | | $ | 37,000 | | | $ | 29,097 | |
Bank of America Corp. | | 3.841% (SOFR + 1.11%) | # | 4/25/2025 | | | 35,000 | | | | 34,510 | |
Bank of America Corp. | | 3.97% (3 mo. USD Term SOFR + 1.33%) | # | 3/5/2029 | | | 25,000 | | | | 22,912 | |
Bank of New York Mellon Corp. | | 4.596% (SOFR + 1.76%) | # | 7/26/2030 | | | 20,000 | | | | 18,844 | |
Citigroup, Inc. | | 2.561% (SOFR + 1.17%) | # | 5/1/2032 | | | 70,000 | | | | 54,216 | |
Citigroup, Inc. | | 4.14% (SOFR + 1.37%) | # | 5/24/2025 | | | 10,000 | | | | 9,860 | |
Goldman Sachs Group, Inc. | | 2.383% (SOFR + 1.25%) | # | 7/21/2032 | | | 8,000 | | | | 6,097 | |
Goldman Sachs Group, Inc. | | 3.272% (3 mo. USD Term SOFR + 1.46%) | # | 9/29/2025 | | | 36,000 | | | | 34,894 | |
JPMorgan Chase & Co. | | 2.58% (3 mo. USD Term SOFR + 1.25%) | # | 4/22/2032 | | | 88,000 | | | | 69,458 | |
JPMorgan Chase & Co. | | 2.963% (SOFR + 1.26%) | # | 1/25/2033 | | | 25,000 | | | | 19,911 | |
M&T Bank Corp. | | 5.053% (SOFR + 1.85%) | # | 1/27/2034 | | | 14,000 | | | | 12,117 | |
Morgan Stanley | | 2.239% (SOFR + 1.18%) | # | 7/21/2032 | | | 25,000 | | | | 18,855 | |
Morgan Stanley | | 2.484% (SOFR + 1.36%) | # | 9/16/2036 | | | 44,000 | | | | 31,993 | |
Morgan Stanley | | 4.21% (SOFR + 1.61%) | # | 4/20/2028 | | | 16,000 | | | | 15,050 | |
Morgan Stanley | | 4.431% (3 mo. USD Term SOFR + 1.89%) | # | 1/23/2030 | | | 25,000 | | | | 23,137 | |
U.S. Bancorp | | 4.839% (SOFR + 1.60%) | # | 2/1/2034 | | | 15,000 | | | | 13,217 | |
U.S. Bancorp | | 4.967% (SOFR + 2.11%) | # | 7/22/2033 | | | 38,000 | | | | 33,102 | |
Wells Fargo & Co. | | 3.35% (SOFR + 1.50%) | # | 3/2/2033 | | | 25,000 | | | | 20,219 | |
Wells Fargo & Co. | | 5.389% (SOFR + 2.02%) | # | 4/24/2034 | | | 18,000 | | | | 16,835 | |
| | | | | | | | | | | 484,324 | |
Beverages 1.09% | | | | | | | | | | | | |
Molson Coors Beverage Co.(a) | | 1.25% | | 7/15/2024 | | EUR | 100,000 | | | | 103,292 | |
Biotechnology 0.24% | | | | | | | | | | | | |
Amgen, Inc. | | 5.25% | | 3/2/2030 | | $ | 23,000 | | | | 22,480 | |
Building Materials 0.32% | | | | | | | | | | | | |
Eco Material Technologies, Inc.† | | 7.875% | | 1/31/2027 | | | 12,000 | | | | 11,454 | |
Griffon Corp. | | 5.75% | | 3/1/2028 | | | 10,000 | | | | 9,088 | |
Standard Industries, Inc.† | | 4.375% | | 7/15/2030 | | | 12,000 | | | | 9,951 | |
| | | | | | | | | | | 30,493 | |
| | |
| See Notes to Schedule of Investments. | 31 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Chemicals 0.76% | | | | | | | | | | | | |
CVR Partners LP/CVR Nitrogen Finance Corp.† | | 6.125% | | 6/15/2028 | | $ | 11,000 | | | $ | 9,897 | |
International Flavors & Fragrances, Inc.† | | 1.23% | | 10/1/2025 | | | 47,000 | | | | 42,148 | |
Rain Carbon, Inc.† | | 12.25% | | 9/1/2029 | | | 19,000 | | | | 19,950 | |
| | | | | | | | | | | 71,995 | |
Coal 0.11% | | | | | | | | | | | | |
SunCoke Energy, Inc.† | | 4.875% | | 6/30/2029 | | | 12,000 | | | | 10,212 | |
Commercial Services 0.10% | | | | | | | | | | | | |
Alta Equipment Group, Inc.† | | 5.625% | | 4/15/2026 | | | 10,000 | | | | 9,225 | |
Computers 1.17% | | | | | | | | | | | | |
Booz Allen Hamilton, Inc.† | | 3.875% | | 9/1/2028 | | | 12,000 | | | | 10,763 | |
International Business Machines Corp.(a) | | 3.75% | | 2/6/2035 | | EUR | 100,000 | | | | 100,656 | |
| | | | | | | | | | | 111,419 | |
Diversified Financial Services 0.61% | | | | | | | | | | | | |
AG Issuer LLC† | | 6.25% | | 3/1/2028 | | $ | 14,000 | | | | 13,089 | |
Aircastle Ltd.† | | 2.85% | | 1/26/2028 | | | 20,000 | | | | 16,990 | |
Aviation Capital Group LLC† | | 6.25% | | 4/15/2028 | | | 19,000 | | | | 18,598 | |
OneMain Finance Corp. | | 5.375% | | 11/15/2029 | | | 11,000 | | | | 9,226 | |
| | | | | | | | | | | 57,903 | |
Electric 1.95% | | | | | | | | | | | | |
AEP Texas, Inc. | | 5.40% | | 6/1/2033 | | | 12,000 | | | | 11,454 | |
Calpine Corp.† | | 5.125% | | 3/15/2028 | | | 11,000 | | | | 9,807 | |
Constellation Energy Generation LLC | | 6.25% | | 10/1/2039 | | | 18,000 | | | | 17,466 | |
Duke Energy Corp. | | 4.50% | | 8/15/2032 | | | 35,000 | | | | 31,509 | |
Duke Energy Indiana LLC | | 5.40% | | 4/1/2053 | | | 12,000 | | | | 11,000 | |
IPALCO Enterprises, Inc. | | 4.25% | | 5/1/2030 | | | 25,000 | | | | 21,946 | |
Leeward Renewable Energy Operations LLC† | | 4.25% | | 7/1/2029 | | | 23,000 | | | | 18,933 | |
Oklahoma Gas & Electric Co. | | 5.40% | | 1/15/2033 | | | 13,000 | | | | 12,593 | |
Southern Co. | | 4.475% | (b) | 8/1/2024 | | | 42,000 | | | | 41,404 | |
Vistra Operations Co. LLC† | | 4.375% | | 5/1/2029 | | | 10,000 | | | | 8,606 | |
| | | | | | | | | | | 184,718 | |
Electronics 1.10% | | | | | | | | | | | | |
Honeywell International, Inc.(a) | | 3.50% | | 5/17/2027 | | EUR | 100,000 | | | | 104,512 | |
Engineering & Construction 0.13% | | | | | | | | | | | | |
Weekley Homes LLC/Weekley Finance Corp.† | | 4.875% | | 9/15/2028 | | $ | 14,000 | | | | 12,165 | |
| |
32 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Entertainment 0.31% | | | | | | | | | | | | |
Cinemark USA, Inc.† | | 5.25% | | 7/15/2028 | | $ | 11,000 | | | $ | 9,777 | |
Jacobs Entertainment, Inc.† | | 6.75% | | 2/15/2029 | | | 11,000 | | | | 9,774 | |
Penn Entertainment, Inc.† | | 5.625% | | 1/15/2027 | | | 11,000 | | | | 10,356 | |
| | | | | | | | | | | 29,907 | |
Equity Real Estate 0.10% | | | | | | | | | | | | |
Cushman & Wakefield U.S. Borrower LLC† | | 6.75% | | 5/15/2028 | | | 10,000 | | | | 9,237 | |
Food 0.11% | | | | | | | | | | | | |
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC† | | 3.50% | | 3/15/2029 | | | 12,000 | | | | 10,242 | |
Gas 0.53% | | | | | | | | | | | | |
CenterPoint Energy Resources Corp. | | 1.75% | | 10/1/2030 | | | 27,000 | | | | 20,911 | |
Southwest Gas Corp. | | 4.05% | | 3/15/2032 | | | 34,000 | | | | 29,394 | |
| | | | | | | | | | | 50,305 | |
Health Care-Products 0.11% | | | | | | | | | | | | |
Medline Borrower LP† | | 3.875% | | 4/1/2029 | | | 12,000 | | | | 10,156 | |
Health Care-Services 2.28% | | | | | | | | | | | | |
Catalent Pharma Solutions, Inc.† | | 5.00% | | 7/15/2027 | | | 11,000 | | | | 10,104 | |
Centene Corp. | | 3.375% | | 2/15/2030 | | | 65,000 | | | | 54,288 | |
Centene Corp. | | 4.25% | | 12/15/2027 | | | 15,000 | | | | 13,841 | |
CHS/Community Health Systems, Inc.† | | 5.625% | | 3/15/2027 | | | 11,000 | | | | 9,449 | |
Elevance Health, Inc. | | 5.50% | | 10/15/2032 | | | 23,000 | | | | 22,656 | |
Heartland Dental LLC/Heartland Dental Finance Corp.† | | 10.50% | | 4/30/2028 | | | 10,000 | | | | 10,075 | |
Humana, Inc. | | 5.875% | | 3/1/2033 | | | 30,000 | | | | 29,847 | |
LifePoint Health, Inc.† | | 9.875% | | 8/15/2030 | | | 10,000 | | | | 9,694 | |
Molina Healthcare, Inc.† | | 3.875% | | 11/15/2030 | | | 11,000 | | | | 9,117 | |
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.† | | 9.75% | | 12/1/2026 | | | 10,000 | | | | 9,695 | |
UnitedHealth Group, Inc. | | 4.00% | | 5/15/2029 | | | 40,000 | | | | 37,455 | |
| | | | | | | | | | | 216,221 | |
Insurance 0.39% | | | | | | | | | | | | |
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer† | | 6.75% | | 10/15/2027 | | | 10,000 | | | | 9,311 | |
Assurant, Inc. | | 2.65% | | 1/15/2032 | | | 13,000 | | | | 9,523 | |
New York Life Global Funding† | | 4.55% | | 1/28/2033 | | | 20,000 | | | | 18,356 | |
| | | | | | | | | | | 37,190 | |
| | |
| See Notes to Schedule of Investments. | 33 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Internet 0.63% | | | | | | | | | | | | |
Amazon.com, Inc. | | 4.70% | | 12/1/2032 | | $ | 33,000 | | | $ | 31,530 | |
EquipmentShare.com, Inc.† | | 9.00% | | 5/15/2028 | | | 11,000 | | | | 10,587 | |
Netflix, Inc. | | 5.875% | | 2/15/2025 | | | 6,000 | | | | 5,990 | |
Netflix, Inc. | | 5.875% | | 11/15/2028 | | | 12,000 | | | | 12,098 | |
| | | | | | | | | | | 60,205 | |
Iron-Steel 0.12% | | | | | | | | | | | | |
U.S. Steel Corp. | | 6.65% | | 6/1/2037 | | | 12,000 | | | | 11,667 | |
Leisure Time 0.42% | | | | | | | | | | | | |
Carnival Corp.† | | 6.00% | | 5/1/2029 | | | 11,000 | | | | 9,395 | |
Lindblad Expeditions Holdings, Inc.† | | 9.00% | | 5/15/2028 | | | 10,000 | | | | 9,989 | |
NCL Corp. Ltd.† | | 5.875% | | 2/15/2027 | | | 11,000 | | | | 10,471 | |
Royal Caribbean Cruises Ltd.† | | 5.375% | | 7/15/2027 | | | 11,000 | | | | 10,191 | |
| | | | | | | | | | | 40,046 | |
Lodging 0.23% | | | | | | | | | | | | |
Wyndham Hotels & Resorts, Inc.† | | 4.375% | | 8/15/2028 | | | 12,000 | | | | 10,789 | |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.† | | 5.25% | | 5/15/2027 | | | 12,000 | | | | 11,174 | |
| | | | | | | | | | | 21,963 | |
Machinery-Diversified 0.11% | | | | | | | | | | | | |
Chart Industries, Inc.† | | 9.50% | | 1/1/2031 | | | 10,000 | | | | 10,637 | |
Media 0.93% | | | | | | | | | | | | |
CCO Holdings LLC/CCO Holdings Capital Corp.† | | 4.75% | | 3/1/2030 | | | 22,000 | | | | 18,496 | |
DISH Network Corp.† | | 11.75% | | 11/15/2027 | | | 14,000 | | | | 14,125 | |
FactSet Research Systems, Inc. | | 3.45% | | 3/1/2032 | | | 45,000 | | | | 37,323 | |
Gray Escrow II, Inc.† | | 5.375% | | 11/15/2031 | | | 14,000 | | | | 9,180 | |
Nexstar Media, Inc.† | | 4.75% | | 11/1/2028 | | | 11,000 | | | | 9,118 | |
| | | | | | | | | | | 88,242 | |
Metal Fabricate-Hardware 0.12% | | | | | | | | | | | | |
Advanced Drainage Systems, Inc.† | | 6.375% | | 6/15/2030 | | | 12,000 | | | | 11,539 | |
Mining 0.10% | | | | | | | | | | | | |
Hecla Mining Co. | | 7.25% | | 2/15/2028 | | | 10,000 | | | | 9,688 | |
Miscellaneous Manufacturing 0.10% | | | | | | | | | | | | |
LSB Industries, Inc.† | | 6.25% | | 10/15/2028 | | | 10,000 | | | | 9,070 | |
Oil & Gas 3.16% | | | | | | | | | | | | |
Callon Petroleum Co.† | | 8.00% | | 8/1/2028 | | | 11,000 | | | | 11,026 | |
CITGO Petroleum Corp.† | | 8.375% | | 1/15/2029 | | | 11,000 | | | | 10,993 | |
Civitas Resources, Inc.† | | 8.375% | | 7/1/2028 | | | 19,000 | | | | 19,356 | |
| |
34 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Oil & Gas (continued) | | | | | | | | | | | | |
Comstock Resources, Inc.† | | 6.75% | | 3/1/2029 | | $ | 12,000 | | | $ | 11,053 | |
Continental Resources, Inc.† | | 5.75% | | 1/15/2031 | | | 62,000 | | | | 58,272 | |
Crescent Energy Finance LLC† | | 9.25% | | 2/15/2028 | | | 10,000 | | | | 10,219 | |
Diamondback Energy, Inc. | | 3.125% | | 3/24/2031 | | | 52,000 | | | | 43,351 | |
Earthstone Energy Holdings LLC† | | 8.00% | | 4/15/2027 | | | 10,000 | | | | 10,244 | |
EQT Corp. | | 7.00% | | 2/1/2030 | | | 55,000 | | | | 56,645 | |
Occidental Petroleum Corp. | | 6.125% | | 1/1/2031 | | | 16,000 | | | | 15,786 | |
Ovintiv, Inc. | | 6.50% | | 2/1/2038 | | | 21,000 | | | | 20,126 | |
Transocean, Inc.† | | 8.00% | | 2/1/2027 | | | 15,000 | | | | 14,454 | |
Valaris Ltd.† | | 8.375% | | 4/30/2030 | | | 10,000 | | | | 10,016 | |
Vital Energy, Inc. | | 9.50% | | 1/15/2025 | | | 2,000 | | | | 2,018 | |
Vital Energy, Inc. | | 9.75% | | 10/15/2030 | | | 6,000 | | | | 6,139 | |
| | | | | | | | | | | 299,698 | |
Packaging & Containers 1.42% | | | | | | | | | | | | |
Crown European Holdings SA†(a) | | 5.00% | | 5/15/2028 | | EUR | 100,000 | | | | 105,472 | |
LABL, Inc.† | | 9.50% | | 11/1/2028 | | $ | 9,000 | | | | 9,236 | |
Owens-Brockway Glass Container, Inc.† | | 6.625% | | 5/13/2027 | | | 10,000 | | | | 9,760 | |
Owens-Brockway Glass Container, Inc.† | | 7.25% | | 5/15/2031 | | | 11,000 | | | | 10,766 | |
| | | | | | | | | | | 135,234 | |
Pharmaceuticals 0.64% | | | | | | | | | | | | |
BellRing Brands, Inc.† | | 7.00% | | 3/15/2030 | | | 10,000 | | | | 9,860 | |
Cigna Group | | 4.375% | | 10/15/2028 | | | 11,000 | | | | 10,411 | |
Pfizer Investment Enterprises Pte. Ltd. | | 4.75% | | 5/19/2033 | | | 43,000 | | | | 40,664 | |
| | | | | | | | | | | 60,935 | |
Pipelines 0.51% | | | | | | | | | | | | |
Buckeye Partners LP | | 9.627% (3 mo. USD LIBOR + 4.02%) | # | 1/22/2078 | | | 12,000 | | | | 9,866 | |
Delek Logistics Partners LP/Delek Logistics Finance Corp.† | | 7.125% | | 6/1/2028 | | | 11,000 | | | | 10,062 | |
NGPL PipeCo LLC† | | 3.25% | | 7/15/2031 | | | 24,000 | | | | 19,112 | |
Venture Global LNG, Inc.† | | 8.375% | | 6/1/2031 | | | 10,000 | | | | 9,841 | |
| | | | | | | | | | | 48,881 | |
REITS 0.87% | | | | | | | | | | | | |
American Tower Corp. | | 3.80% | | 8/15/2029 | | | 42,000 | | | | 37,390 | |
American Tower Corp. | | 5.55% | | 7/15/2033 | | | 12,000 | | | | 11,448 | |
Crown Castle, Inc. | | 3.30% | | 7/1/2030 | | | 29,000 | | | | 24,498 | |
Service Properties Trust | | 7.50% | | 9/15/2025 | | | 9,000 | | | | 8,853 | |
| | | | | | | | | | | 82,189 | |
| See Notes to Schedule of Investments. | 35 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
United States (continued) | | | | | | | | | | | | |
Retail 0.31% | | | | | | | | | | | | |
Evergreen Acqco 1 LP/TVI, Inc.† | | 9.75% | | 4/26/2028 | | $ | 10,000 | | | $ | 10,306 | |
Gap, Inc.† | | 3.875% | | 10/1/2031 | | | 13,000 | | | | 9,149 | |
Macy’s Retail Holdings LLC† | | 5.875% | | 4/1/2029 | | | 11,000 | | | | 9,642 | |
| | | | | | | | | | | 29,097 | |
Semiconductors 0.11% | | | | | | | | | | | | |
Entegris, Inc.† | | 3.625% | | 5/1/2029 | | | 12,000 | | | | 10,202 | |
Software 1.27% | | | | | | | | | | | | |
Cloud Software Group, Inc.† | | 6.50% | | 3/31/2029 | | | 11,000 | | | | 9,739 | |
Intuit, Inc. | | 5.50% | | 9/15/2053 | | | 12,000 | | | | 11,522 | |
Oracle Corp. | | 6.25% | | 11/9/2032 | | | 55,000 | | | | 55,709 | |
ROBLOX Corp.† | | 3.875% | | 5/1/2030 | | | 12,000 | | | | 9,643 | |
Workday, Inc. | | 3.80% | | 4/1/2032 | | | 40,000 | | | | 34,311 | |
| | | | | | | | | | | 120,924 | |
Telecommunications 1.29% | | | | | | | | | | | | |
AT&T, Inc. | | 5.40% | | 2/15/2034 | | | 32,000 | | | | 29,962 | |
Frontier Communications Holdings LLC† | | 5.00% | | 5/1/2028 | | | 23,000 | | | | 19,667 | |
Lumen Technologies, Inc.† | | 4.00% | | 2/15/2027 | | | 13,000 | | | | 8,578 | |
Sprint Capital Corp. | | 6.875% | | 11/15/2028 | | | 15,000 | | | | 15,501 | |
T-Mobile USA, Inc. | | 3.875% | | 4/15/2030 | | | 48,000 | | | | 42,545 | |
Viasat, Inc.† | | 5.625% | | 9/15/2025 | | | 7,000 | | | | 6,474 | |
| | | | | | | | | | | 122,727 | |
Transportation 0.11% | | | | | | | | | | | | |
Rand Parent LLC† | | 8.50% | | 2/15/2030 | | | 11,000 | | | | 10,189 | |
Trucking & Leasing 0.15% | | | | | | | | | | | | |
Fortress Transportation & Infrastructure Investors LLC† | | 5.50% | | 5/1/2028 | | | 16,000 | | | | 14,523 | |
Total United States | | | | | | | | | | | 2,938,144 | |
Total Corporate Bonds (cost $5,197,968) | | | | | | | | | | | 4,888,810 | |
| | | | | | | | | | | | |
FLOATING RATE LOANS(c) 0.24% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Aerospace 0.08% | | | | | | | | | | | | |
Mileage Plus Holdings LLC 2020 Term Loan B | | 10.798% (3 mo. USD LIBOR + 5.25%) | | 6/21/2027 | | | 7,500 | | | | 7,804 | |
| | | | | | | | | | | | |
Health Services 0.16% | | | | | | | | | | | | |
Wellpath Holdings, Inc. 2018 1st Lien Term Loan | | 11.184% (3 mo. USD Term SOFR + 5.50%) | | 10/1/2025 | | | 17,981 | | | | 14,570 | |
Total Floating Rate Loans (cost $25,724) | | | | | | | | | | | 22,374 | |
36 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
FOREIGN GOVERNMENT OBLIGATIONS 24.32% | | | | | | | | | | |
| | | | | | | | | | |
Australia 0.37% | | | | | | | | | | |
Queensland Treasury Corp.†(a) | | 1.50% | | 3/2/2032 | | AUD | 70,000 | | | $ | 34,727 | |
| | | | | | | | | | | | |
Canada 1.94% | | | | | | | | | | | | |
Province of Alberta | | 3.35% | | 11/1/2023 | | $ | 50,000 | | | | 49,910 | |
Province of Ontario | | 3.05% | | 1/29/2024 | | | 100,000 | | | | 99,163 | |
Province of Saskatchewan(a) | | 4.75% | | 6/1/2040 | | CAD | 49,000 | | | | 35,101 | |
Total Canada | | | | | | | | | | | 184,174 | |
| | | | | | | | | | | | |
China 7.60% | | | | | | | | | | | | |
China Development Bank(a) | | 2.73% | | 1/11/2028 | | CNY | 1,400,000 | | | | 192,821 | |
China Development Bank(a) | | 3.07% | | 3/10/2030 | | CNY | 650,000 | | | | 90,229 | |
China Development Bank(a) | | 3.09% | | 6/18/2030 | | CNY | 1,300,000 | | | | 180,825 | |
China Development Bank(a) | | 3.48% | | 1/8/2029 | | CNY | 1,000,000 | | | | 141,816 | |
China Development Bank(a) | | 3.68% | | 2/26/2026 | | CNY | 600,000 | | | | 84,401 | |
China Government Bonds(a) | | 3.86% | | 7/22/2049 | | CNY | 200,000 | | | | 31,226 | |
Total China | | | | | | | | | | | 721,318 | |
| | | | | | | | | | | | |
Colombia 0.59% | | | | | | | | | | | | |
Colombian TES(a) | | 7.50% | | 8/26/2026 | | COP | 250,000,000 | | | | 56,393 | |
| | | | | | | | | | | | |
Dominican Republic 1.45% | | | | | | | | | | | | |
Dominican Republic International Bonds† | | 5.50% | | 2/22/2029 | | $ | 150,000 | | | | 137,650 | |
| | | | | | | | | | | | |
France 0.99% | | | | | | | | | | | | |
Action Logement Services(a) | | 0.50% | | 10/30/2034 | | EUR | 100,000 | | | | 73,892 | |
French Republic Government Bonds OAT(a) | | 0.75% | | 5/25/2052 | | EUR | 40,000 | | | | 19,987 | |
Total France | | | | | | | | | | | 93,879 | |
| | | | | | | | | | | | |
Germany 1.17% | | | | | | | | | | | | |
Bundesrepublik Deutschland Bundesanleihe(a) | | Zero Coupon | | 8/15/2052 | | EUR | 40,000 | | | | 18,259 | |
Bundesrepublik Deutschland Bundesanleihe(a) | | 3.25% | | 7/4/2042 | | EUR | 85,000 | | | | 92,709 | |
Total Germany | | | | | | | | | | | 110,968 | |
| | | | | | | | | | | | |
Indonesia 0.80% | | | | | | | | | | | | |
Indonesia Government International Bonds(a) | | 1.30% | | 3/23/2034 | | EUR | 100,000 | | | | 75,705 | |
| | | | | | | | | | | | |
Italy 1.08% | | | | | | | | | | | | |
Italy Buoni Poliennali Del Tesoro(a) | | 3.40% | | 4/1/2028 | | EUR | 100,000 | | | | 102,732 | |
| See Notes to Schedule of Investments. | 37 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
Japan 4.20% | | | | | | | | | | | | |
Japan Bank for International Cooperation(a) | | 1.50% | | 6/1/2029 | | EUR | 100,000 | | | $ | 94,490 | |
Japan Government Ten Year Bonds(a) | | 0.10% | | 3/20/2028 | | JPY | 18,000,000 | | | | 119,515 | |
Japan Government Ten Year Bonds(a) | | 0.10% | | 12/20/2031 | | JPY | 14,000,000 | | | | 89,591 | |
Japan Government Thirty Year Bonds(a) | | 1.40% | | 9/20/2052 | | JPY | 15,000,000 | | | | 94,781 | |
Total Japan | | | | | | | | | | | 398,377 | |
| | | | | | | | | | | | |
Netherlands 1.10% | | | | | | | | | | | | |
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV(a) | | 3.00% | | 10/25/2027 | | EUR | 100,000 | | | | 104,458 | |
| | | | | | | | | | | | |
South Africa 0.15% | | | | | | | | | | | | |
Republic of South Africa Government Bonds(a) | | 8.75% | | 2/28/2048 | | ZAR | 396,000 | | | | 14,542 | |
| | | | | | | | | | | | |
South Korea 1.10% | | | | | | | | | | | | |
Export-Import Bank of Korea†(a) | | 3.50% | | 6/7/2026 | | EUR | 100,000 | | | | 104,746 | |
| | | | | | | | | | | | |
Spain 0.13% | | | | | | | | | | | | |
Spain Government Bonds†(a) | | 1.00% | | 7/30/2042 | | EUR | 21,000 | | | | 12,818 | |
| | | | | | | | | | | | |
Supranational 0.56% | | | | | | | | | | | | |
European Bank for Reconstruction & Development(a) | | Zero Coupon | | 1/10/2024 | | EUR | 51,000 | | | | 53,362 | |
| | | | | | | | | | | | |
Turkey 0.58% | | | | | | | | | | | | |
Turkey Government International Bonds | | 7.375% | | 2/5/2025 | | $ | 55,000 | | | | 55,238 | |
| | | | | | | | | | | | |
United Kingdom 0.51% | | | | | | | | | | | | |
U.K. Gilts(a) | | 0.875% | | 7/31/2033 | | GBP | 55,000 | | | | 48,270 | |
Total Foreign Government Obligations (cost $2,589,553) | | | | | | | | | 2,309,357 | |
| | | | | | | | | | | | |
GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 10.28% | | | | | | | | | | |
Federal Home Loan Mortgage Corp. | | 3.50% | | 2/1/2046 | | $ | 17,716 | | | | 15,662 | |
Federal National Mortgage Association | | 2.50% | | 9/1/2051 | | | 83,892 | | | | 67,364 | |
Federal National Mortgage Association | | 3.00% | | 10/1/2050 | | | 95,479 | | | | 79,864 | |
Federal National Mortgage Association | | 3.50% | | 4/1/2052 | | | 36,756 | | | | 32,062 | |
Federal National Mortgage Association | | 4.00% | | 5/1/2052 | | | 37,171 | | | | 33,614 | |
Government National Mortgage Association(d) | | 3.00% | | TBA | | | 31,000 | | | | 26,282 | |
Government National Mortgage Association(d) | | 3.50% | | TBA | | | 15,000 | | | | 13,143 | |
Government National Mortgage Association(d) | | 4.00% | | TBA | | | 13,000 | | | | 11,722 | |
Government National Mortgage Association(d) | | 4.50% | | TBA | | | 4,000 | | | | 3,697 | |
Government National Mortgage Association(d) | | 5.00% | | TBA | | | 101,000 | | | | 95,733 | |
Government National Mortgage Association(d) | | 5.50% | | TBA | | | 97,000 | | | | 94,132 | |
Government National Mortgage Association(d) | | 6.00% | | TBA | | | 125,000 | | | | 123,794 | |
38 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS (continued) | | | | | | | | | | |
Government National Mortgage Association(d) | | 6.50% | | TBA | | $ | 39,000 | | | $ | 39,198 | |
Uniform Mortgage-Backed Security(d) | | 4.00% | | TBA | | | 25,000 | | | | 22,283 | |
Uniform Mortgage-Backed Security(d) | | 4.50% | | TBA | | | 12,000 | | | | 11,020 | |
Uniform Mortgage-Backed Security(d) | | 5.00% | | TBA | | | 30,000 | | | | 29,203 | |
Uniform Mortgage-Backed Security(d) | | 5.50% | | TBA | | | 141,000 | | | | 137,429 | |
Uniform Mortgage-Backed Security(d) | | 6.00% | | TBA | | | 79,000 | | | | 78,314 | |
Uniform Mortgage-Backed Security(d) | | 6.50% | | TBA | | | 61,000 | | | | 61,267 | |
Total Government Sponsored Enterprises Pass-Throughs (cost $1,006,003) | | | | | | | | | 975,783 | |
| | | | | | | | | | | | |
MUNICIPAL BONDS 0.21% | | | | | | | | | | | | |
| | | | | | | | | | | | |
Transportation | | | | | | | | | | | | |
Metropolitan Transportation Authority NY | | 6.668% | | 11/15/2039 | | $ | 20,000 | | | | 20,408 | |
| | | | | | | | | | |
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 1.82% | | | | | | | | | | |
BBCMS Mortgage Trust Series 2019-BWAY Class A† | | 6.403% (1 mo. USD Term SOFR + 1.07%) | # | 11/15/2034 | | | 11,000 | | | | 8,526 | |
BBCMS Mortgage Trust Series 2019-BWAY Class B† | | 6.757% (1 mo. USD Term SOFR + 1.42%) | # | 11/15/2034 | | | 10,000 | | | | 5,964 | |
Federal Home Loan Mortgage Corp. STACR REMIC Trust Series 2021-DNA6 Class M2† | | 6.815% (30 day USD SOFR Average + 1.50%) | # | 10/25/2041 | | | 30,000 | | | | 29,607 | |
Federal Home Loan Mortgage Corp. STACR REMIC Trust Series 2021-HQA4 Class M1† | | 6.265% (30 day USD SOFR Average + 0.95%) | # | 12/25/2041 | | | 25,086 | | | | 24,647 | |
Federal Home Loan Mortgage Corp. STACR REMIC Trust Series 2022-HQA3 Class M1A† | | 7.615% (30 day USD SOFR Average + 2.30%) | # | 8/25/2042 | | | 25,782 | | | | 26,203 | |
Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2022-R08 Class 1M1† | | 7.865% (30 day USD SOFR Average + 2.55%) | # | 7/25/2042 | | | 30,713 | | | | 31,304 | |
Federal National Mortgage Association Connecticut Avenue Securities Trust Series 2023-R01 Class 1M1† | | 7.715% (30 day USD SOFR Average + 2.40%) | # | 12/25/2042 | | | 8,941 | | | | 9,099 | |
| See Notes to Schedule of Investments. | 39 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Investments | | Interest Rate | | Maturity Date | | Principal Amount | | | U.S. $ Fair Value | |
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES (continued) | | | | | | | | | | |
Residential Mortgage Loan Trust Series 2020-1 Class A1† | | 2.376% | #(e) | 1/26/2060 | | $ | 12,893 | | | $ | 12,248 | |
Verus Securitization Trust Series 2020-5 Class A1† | | 1.218% | (b) | 5/25/2065 | | | 27,441 | | | | 25,311 | |
Total Non-Agency Commercial Mortgage-Backed Securities (cost $181,134) | | | | | | | | | 172,909 | |
| | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS 5.85% | | | | | | | | | | | | |
U.S. Treasury Bonds | | 1.125% | | 8/15/2040 | | | 78,000 | | | | 44,372 | |
U.S. Treasury Bonds | | 1.875% | | 11/15/2051 | | | 67,000 | | | | 37,365 | |
U.S. Treasury Bonds | | 2.25% | | 5/15/2041 | | | 40,000 | | | | 27,461 | |
U.S. Treasury Bonds | | 4.125% | | 8/15/2053 | | | 179,000 | | | | 162,526 | |
U.S. Treasury Bonds(f) | | 4.375% | | 8/15/2043 | | | 102,000 | | | | 95,179 | |
U.S. Treasury Notes | | 5.00% | | 8/31/2025 | | | 189,000 | | | | 188,631 | |
Total U.S. Treasury Obligations (cost $582,004) | | | | | | | | | | | 555,534 | |
Total Long-Term Investments (cost $10,293,576) | | | | | | | | | | | 9,623,799 | |
| | | | | | | | | | | | |
SHORT-TERM INVESTMENTS 5.57% | | | | | | | | | | | | |
| | | | | | | | | | | | |
U.S. TREASURY OBLIGATIONS 3.41% | | | | | | | | | | | | |
U.S. Treasury Bills | | Zero Coupon | | 10/24/2023 | | | 150,000 | | | | 149,517 | |
U.S. Treasury Bills | | Zero Coupon | | 1/9/2024 | | | 177,000 | | | | 174,422 | |
Total U.S. Treasury Obligations (cost $323,890) | | | | | | | | | | | 323,939 | |
| | | | | | | | | | | | |
REPURCHASE AGREEMENTS 2.16% | | | | | | | | | | | | |
Repurchase Agreement dated 9/29/2023, 5.300% due 10/2/2023 with Barclays Capital, Inc. collateralized by $101,000 of U.S. Treasury Bond at 4.375% due 8/15/2043; value: $95,551; proceeds: $93,719 (cost $93,678) | | | | | | | 93,678 | | | | 93,678 | |
Repurchase Agreement dated 9/29/2023, 2.800% due 10/2/2023 with Fixed Income Clearing Corp. collateralized by $115,500 of U.S. Treasury Note at 3.625% due 5/15/2026; value: $113,458; proceeds: $111,168 (cost $111,142) | | | | | | | 111,142 | | | | 111,142 | |
Total Repurchase Agreements (cost $204,820) | | | | | | | | | | | 204,820 | |
Total Short-Term Investments (cost $528,710) | | | | | | | | | | | 528,759 | |
Total Investments in Securities 106.92% (cost $10,822,286) | | | | | | | | | | | 10,152,558 | |
Other Assets and Liabilities – Net(g) (6.92)% | | | | | | | | | | | (657,070 | ) |
Net Assets 100.00% | | | | | | | | | | $ | 9,495,488 | |
40 | See Notes to Schedule of Investments. | |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
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. |
ZAR | | South African Rand. |
EURIBOR | | Euro Interbank Offered Rate. |
ICE | | Intercontinental Exchange. |
LIBOR | | London Interbank Offered Rate. |
REITS | | Real Estate Mortgage Investment Trusts. |
REMIC | | Real Estate Investment Conduit. |
SOFR | | Secured Overnight Financing Rate. |
STACR | | Structured Agency Credit Risk. |
† | | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2023, the total value of Rule 144A securities was $2,486,731, which represents 26.19% of net assets. |
# | | Variable rate security. The interest rate represents the rate in effect at September 30, 2023. |
(a) | | Investment in non-U.S. dollar denominated securities. |
(b) | | Step Bond – Security with a predetermined schedule of interest rate changes. |
(c) | | Floating Rate Loans in which the Fund invests generally pay interest at rates which are periodically re-determined at a margin above the London Interbank Offered Rate (“LIBOR”) or the prime rate offered by major U.S. banks. The rate(s) shown is the rate(s) in effect at September 30, 2023. |
(d) | | 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. |
(e) | | Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool. |
(f) | | Security has been fully or partially segregated for open reverse repurchase agreements as of September 30, 2023. |
(g) | | Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swap contracts as follows: |
| See Notes to Schedule of Investments. | 41 |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Centrally Cleared Credit Default Swap Contracts on Indexes - Sell Protection at September 30, 2023(1):
Referenced Indexes | | Central Clearing Party | | Fund Receives (Quarterly | ) | Termination Date | | Notional Amount | | Payments Upfront(2) | | Unrealized Appreciation(3) | | | Value | |
Markit CDX.EM.39(4)(5) | | Goldman Sachs | | 1.00% | | 6/20/2028 | | $ | 100,000 | | | $ | (5,404 | ) | | $ | 917 | | | $ | (4,487 | ) |
Markit CDX.NA.HY.40(4)(6) | | Goldman Sachs | | 5.00% | | 6/20/2028 | | | 210,000 | | | | 2,649 | | | | 643 | | | | 3,292 | |
| | | | | | | | | | | | $ | (2,755 | ) | | $ | 1,560 | | | $ | (1,195 | ) |
| | |
(1) | | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap contracts agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap contracts 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 contracts less the recovery value of the referenced obligation or underlying securities. |
(2) | | Upfront payments paid (received) by Central Clearing Party are presented net of amortization. |
(3) | | Total unrealized appreciation on Credit Default Swap Contracts on Indexes amounted to $1,560. Total unrealized depreciation on Credit Default Swap Contracts on Indexes amounted to $0. |
(4) | | Central Clearinghouse: Intercontinental Exchange (ICE). |
(5) | | The Referenced Index is for the Centrally Cleared Credit Default Swap Contracts on Indexes, which is comprised of a basket of emerging market securities. |
(6) | | The Referenced Index is for the Centrally Cleared Credit Default Swap Contracts on Indexes, which is comprised of a basket of high yield securities. |
Forward Foreign Currency Exchange Contracts at September 30, 2023:
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | | U.S. $ Current Value | | Unrealized Appreciation | |
Euro | | Buy | | Barclays Bank plc | | 12/13/2023 | | 16,000 | | $ | 16,964 | | | $ | 16,970 | | | $ | 6 | |
Norwegian krone | | Buy | | State Street Bank and Trust | | 12/15/2023 | | 74,000 | | | 6,924 | | | | 6,932 | | | | 8 | |
British pound | | Sell | | Toronto Dominion Bank | | 12/8/2023 | | 122,000 | | | 152,581 | | | | 148,910 | | | | 3,671 | |
Colombian peso | | Sell | | Toronto Dominion Bank | | 12/22/2023 | | 210,000,000 | | | 52,294 | | | | 50,457 | | | | 1,837 | |
Euro | | Sell | | Morgan Stanley | | 12/13/2023 | | 91,000 | | | 96,663 | | | | 96,518 | | | | 145 | |
Euro | | Sell | | Toronto Dominion Bank | | 12/13/2023 | | 161,000 | | | 173,779 | | | | 170,763 | | | | 3,016 | |
Japanese yen | | Sell | | Bank of America | | 11/15/2023 | | 2,514,000 | | | 17,437 | | | | 16,939 | | | | 498 | |
Norwegian krone | | Sell | | J.P. Morgan | | 12/15/2023 | | 74,000 | | | 6,932 | | | | 6,932 | | | | – | |
Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts | | | | | | | $ | 9,181 | |
| |
42 | See Notes to Schedule of Investments. |
Schedule of Investments (unaudited)(continued)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
Forward Foreign Currency Exchange Contracts | | Transaction Type | | Counterparty | | Expiration Date | | Foreign Currency | | U.S. $ Cost on Origination Date | | | U.S. $ Current Value | | Unrealized Depreciation | |
Australian dollar | | Buy | | State Street Bank and Trust | | 12/1/2023 | | 140,000 | | $ | 90,212 | | | $ | 90,189 | | | $ | (23 | ) |
Brazilian real | | Buy | | State Street Bank and Trust | | 12/15/2023 | | 400,000 | | | 79,771 | | | | 78,855 | | | | (916 | ) |
British pound | | Buy | | J.P. Morgan | | 12/8/2023 | | 6,000 | | | 7,431 | | | | 7,323 | | | | (108 | ) |
Canadian dollar | | Buy | | Morgan Stanley | | 11/20/2023 | | 285,000 | | | 216,571 | | | | 209,968 | | | | (6,603 | ) |
Chinese yuan renminbi | | Buy | | Goldman Sachs | | 10/30/2023 | | 1,300,000 | | | 183,128 | | | | 178,253 | | | | (4,875 | ) |
Euro | | Buy | | Morgan Stanley | | 12/13/2023 | | 74,000 | | | 79,040 | | | | 78,488 | | | | (552 | ) |
Euro | | Buy | | State Street Bank and Trust | | 12/13/2023 | | 9,000 | | | 9,635 | | | | 9,546 | | | | (89 | ) |
Indonesian rupiah | | Buy | | Morgan Stanley | | 11/9/2023 | | 1,400,000,000 | | | 91,785 | | | | 90,401 | | | | (1,384 | ) |
Japanese yen | | Buy | | State Street Bank and Trust | | 11/15/2023 | | 104,500,000 | | | 731,728 | | | | 704,093 | | | | (27,635 | ) |
Mexican peso | | Buy | | State Street Bank and Trust | | 12/18/2023 | | 564,000 | | | 32,477 | | | | 31,952 | | | | (525 | ) |
South Korean won | | Buy | | State Street Bank and Trust | | 12/11/2023 | | 147,700,000 | | | 111,086 | | | | 109,599 | | | | (1,487 | ) |
Swedish krona | | Buy | | State Street Bank and Trust | | 11/7/2023 | | 367,000 | | | 34,428 | | | | 33,639 | | | | (789 | ) |
Swiss franc | | Buy | | Morgan Stanley | | 11/22/2023 | | 44,000 | | | 50,596 | | | | 48,326 | | | | (2,270 | ) |
Chinese yuan renminbi | | Sell | | State Street Bank and Trust | | 10/30/2023 | | 543,000 | | | 74,494 | | | | 75,535 | | | | (1,041 | ) |
Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts | | | $ | (48,297 | ) |
Futures Contracts at September 30, 2023:
Type | | | | Expiration | | | Contracts | | | Position | | Notional Amount | | Notional Value | | | Unrealized Appreciation | |
U.S. 10-Year Ultra Treasury Bond | | | | December 2023 | | | 4 | | | Short | | $ | (458,479 | ) | | $ | (446,250 | ) | | | $ | 12,229 | |
U.S. 5-Year Treasury Note | | | | December 2023 | | | 7 | | | Short | | | (744,341 | ) | | | (737,516 | ) | | | | 6,825 | |
Total Unrealized Appreciation on Futures Contracts | | | | | | | | | | | | | | | | | | | | | $ | 19,054 | |
| | | | | | | | | | | | | | | | | | | | | | | |
Type | | | | Expiration | | | Contracts | | | Position | | Notional Amount | | Notional Value | | | Unrealized Depreciation | |
U.S. 2-Year Treasury Note | | | | December 2023 | | | 3 | | | Long | | $ | 609,477 | | | $ | 608,133 | | | | $ | (1,344 | ) |
U.S. Ultra Treasury Bond | | | | December 2023 | | | 1 | | | Long | | | 127,819 | | | | 118,688 | | | | | (9,131 | ) |
Total Unrealized Depreciation on Futures Contracts | | | | | | | | | | | | | | | | | | | | | $ | (10,475 | ) |
| | | | | | | | | | | | | | | | | | | | | | | |
Counterparty | | Principal | | | | Collateral Held by Counterparty | | Interest Rate(1) | | | Trade Date | | | | Maturity Date | | | | | Fair Value(2) | |
Barclays Capital, Inc. | | $93,968 | | $104,040 principal, U.S. Treasury Bond at 4.375%, due 8/15/2043, $95,847 fair value | | (0.80%) | | | 9/29/2023 | | | | 10/2/2023 | | | | | $93,964 | |
| | |
(1) | | The negative interest rate on the reverse repurchase agreement results in interest income to the Fund. |
(2) | | Total fair value of reverse repurchase agreement is presented net of interest receivable of $4. |
| | |
| See Notes to Schedule of Investments. | 43 |
Schedule of Investments (unaudited)(concluded)
LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2023
The following is a summary of the inputs used as of September 30, 2023 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 | | $ | – | | | $ | 678,624 | | | $ | – | | | $ | 678,624 | |
Corporate Bonds | | | – | | | | 4,888,810 | | | | – | | | | 4,888,810 | |
Floating Rate Loans | | | – | | | | 22,374 | | | | – | | | | 22,374 | |
Foreign Government Obligations | | | – | | | | 2,309,357 | | | | – | | | | 2,309,357 | |
Government Sponsored Enterprises Pass-Throughs | | | – | | | | 975,783 | | | | – | | | | 975,783 | |
Municipal Bonds | | | – | | | | 20,408 | | | | – | | | | 20,408 | |
Non-Agency Commercial Mortgage-Backed Securities | | | – | | | | 172,909 | | | | – | | | | 172,909 | |
U.S. Treasury Obligations | | | – | | | | 555,534 | | | | – | | | | 555,534 | |
Short-Term Investments | | | | | | | | | | | | | | | | |
Repurchase Agreements | | | – | | | | 204,820 | | | | – | | | | 204,820 | |
U.S. Treasury Obligations | | | – | | | | 323,939 | | | | – | | | | 323,939 | |
Total | | $ | – | | | $ | 10,152,558 | | | $ | – | | | $ | 10,152,558 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swap Contracts | | | | | | | | | | | | | | | | |
Assets | | $ | – | | | $ | (1,195 | ) | | $ | – | | | $ | (1,195 | ) |
Liabilities | | | – | | | | – | | | | – | | | | – | |
Forward Foreign Currency Exchange Contracts | | | | | | | | | | | | | | | | |
Assets | | | – | | | | 9,181 | | | | – | | | | 9,181 | |
Liabilities | | | – | | | | (48,297 | ) | | | – | | | | (48,297 | ) |
Futures Contracts | | | | | | | | | | | | | | | | |
Assets | | | 19,054 | | | | – | | | | – | | | | 19,054 | |
Liabilities | | | (10,475 | ) | | | – | | | | – | | | | (10,475 | ) |
Reverse Repurchase Agreements | | | | | | | | | | | | | | | | |
Assets | | | – | | | | – | | | | – | | | | – | |
Liabilities | | | – | | | | (93,964 | ) | | | – | | | | (93,964 | ) |
Total | | $ | 8,579 | | | $ | (134,275 | ) | | $ | – | | | $ | (125,696 | ) |
| | |
(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. 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.
44 | 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 Bond (“Emerging Markets Bond Fund”), Lord Abbett Emerging Markets Corporate Debt Fund (“Emerging Markets Corporate Debt Fund”) and Lord Abbett Global Bond Fund (“Global Bond Fund”).Each Fund is diversified as defined in the Act.
2. | SIGNIFICANT ACCOUNTING POLICIES |
| |
(a) | Investment Valuation–Under procedures approved by the Funds’ Board of Directors (the “Board”), the Board has designated the determination of fair value of the Funds’ portfolio investments to Lord, Abbett & Co. LLC (“Lord Abbett”) as its valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a Pricing Committee that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, 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 Pricing Committee uses a third-party 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 ask prices. 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 ask prices is used. Fixed income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied valuation 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. Options and options on swaps (“swaptions”) are valued daily using independent pricing services or quotations from broker/dealers to the extent available. Swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. |
45
Notes to Schedule of Investments (unaudited)(continued)
| 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 observable inputs such as 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 periodically reviews reports that may include fair value determinations made by the Pricing Committee, related market activity, inputs and assumptions, and retrospective comparison of 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 September 30, 2023 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.
46
Notes to Schedule of Investments (unaudited)(concluded)
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 return. The statute of limitations on each Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.
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 the borrower 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 September 30, 2023, the Funds did not have any securities on loan.
47
QPHR-GLOBAL-3Q
(11/23)