NPORT-EX 3 NPORT_FEBP_80656423_0922.htm

 

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, 2022

 

 

Schedule of Investments (unaudited)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
LONG-TERM INVESTMENTS 92.85%                
                 
CORPORATE BONDS 32.11%                
                 
Bahrain 1.42%                
Oil & Gas 0.74%                
Oil and Gas Holding Co. BSCC (The)  7.625%  11/7/2024  $1,050,000   $1,044,314 
Sovereign 0.68%                
CBB International Sukuk Co. 6 Spc  5.25%  3/20/2025   950,000    947,578 
Total Bahrain              1,991,892 
                 
Brazil 1.23%                
Banks 0.91%                
Banco do Brasil SA  3.25%  9/30/2026   850,000    752,845 
Itau Unibanco Holding SA  4.50% (5 Yr.
Treasury CMT + 2.82%)
#  11/21/2029   550,000    510,989 
               1,263,834 
Media 0.32%                
Globo Comunicacao e Participacoes SA  4.875%  1/22/2030   600,000    452,352 
Total Brazil              1,716,186 
                 
Chile 1.74%                
Banks 0.30%                
Banco del Estado de Chile  2.704%  1/9/2025   450,000    421,803 
Chemicals 0.19%                
Sociedad Quimica y Minera de Chile SA  3.50%  9/10/2051   380,000    261,434 
Electric 0.24%                
Alfa Desarrollo SpA  4.55%  9/27/2051   498,177    329,930 
Mining 0.45%                
Corp. Nacional del Cobre de Chile  3.00%  9/30/2029   575,000    482,391 
Corp. Nacional del Cobre de Chile  3.15%  1/15/2051   250,000    154,404 
               636,795 
Oil & Gas 0.56%                
Empresa Nacional del Petroleo  3.45%  9/16/2031   1,000,000    787,005 
Total Chile              2,436,967 
                 
China 1.08%                
Engineering & Construction 0.34%                
China Railway Xunjie Co. Ltd.  3.25%  7/28/2026   500,000    474,343 
Internet 0.27%                
Prosus NV  3.832%  2/8/2051   675,000    375,898 

 

  See Notes to Schedule of Investments. 1
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
China (continued)                
Investment Companies 0.37%                
Huarong Finance 2019 Co. Ltd.  3.375%  2/24/2030  $270,000   $176,513 
Huarong Finance 2019 Co. Ltd.  4.105% (3 Mo.
LIBOR + 1.13%)
#  2/24/2023   350,000    344,312 
               520,825 
Telecommunications 0.10%                
Xiaomi Best Time International Ltd.  4.10%  7/14/2051   230,000    133,189 
Total China              1,504,255 
                 
Colombia 0.49%                
Oil & Gas 0.28%                
Ecopetrol SA  5.875%  11/2/2051   650,000    386,474 
Pipelines 0.21%                
AI Candelaria Spain SA  5.75%  6/15/2033   437,000    298,121 
Total Colombia              684,595 
                 
India 1.07%                
Commercial Services 0.26%                
Adani Ports & Special Economic Zone Ltd.  3.10%  2/2/2031   500,000    360,132 
Oil & Gas 0.53%                
Reliance Industries Ltd.  2.875%  1/12/2032   950,000    745,539 
Transportation 0.28%                
Indian Railway Finance Corp. Ltd.  2.80%  2/10/2031   500,000    386,324 
Total India              1,491,995 
                 
Indonesia 2.89%                
Coal 0.34%                
Indika Energy Capital IV Pte Ltd.  8.25%  10/22/2025   500,000    468,930 
Electric 1.19%                
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara  3.00%  6/30/2030   600,000    466,368 
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara  4.00%  6/30/2050   560,000    337,944 
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara  4.125%  5/15/2027   930,000    862,347 
               1,666,659 
Mining 0.44%                
Freeport Indonesia PT  5.315%  4/14/2032   229,000    190,642 
Indonesia Asahan Aluminium Persero PT  5.45%  5/15/2030   480,000    430,265 
               620,907 

 

2 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Indonesia (continued)                
Oil & Gas 0.92%                
Pertamina Persero PT  3.10%  1/21/2030   $900,000   $745,464 
Pertamina Persero PT  5.625%  5/20/2043   630,000    534,637 
               1,280,101 
Total Indonesia              4,036,597 
                 
Israel 0.62%                
Banks                
Bank Hapoalim BM  3.255% (5 Yr.
Treasury CMT + 2.16%)
#  1/21/2032   480,000    401,217 
Bank Leumi Le-Israel BM  3.275% (5 Yr.
Treasury CMT + 1.63%)
#  1/29/2031   200,000    170,500 
Bank Leumi Le-Israel BM  5.125%  7/27/2027   300,000    295,089 
Total Israel              866,806 
                 
Jamaica 0.28%                
Commercial Services                
TransJamaican Highway Ltd.  5.75%  10/10/2036   485,323    395,218 
                 
Kazakhstan 1.53%                
Oil & Gas 0.86%                
KazMunayGas National Co. JSC  4.75%  4/19/2027   700,000    587,492 
KazMunayGas National Co. JSC  6.375%  10/24/2048   300,000    210,533 
Tengizchevroil Finance Co. International Ltd.  3.25%  8/15/2030   560,000    399,000 
               1,197,025 
Pipelines 0.67%                
KazTransGas JSC  4.375%  9/26/2027   1,100,000    935,000 
Total Kazakhstan              2,132,025 
                 
Kuwait 0.32%                
Banks                
NBK Tier 1 Financing 2 Ltd.  4.50% (6 Yr.
Treasury CMT + 2.83%)
#  (a)   500,000    448,323 
                 
Malaysia 2.45%                
Oil & Gas                
Petronas Capital Ltd.  2.48%  1/28/2032   1,600,000    1,315,643 
Petronas Capital Ltd.  3.404%  4/28/2061   1,800,000    1,241,323 
Petronas Energy Canada Ltd.  2.112%  3/23/2028   1,000,000    862,574 
Total Malaysia              3,419,540 

 

  See Notes to Schedule of Investments. 3
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Mexico 3.35%                
Banks 0.56%                
Banco Nacional de Comercio Exterior SNC  2.72% (5 Yr.
Treasury CMT + 2.00%)
# 8/11/2031  $420,000   $362,625 
BBVA Bancomer SA  5.125% (5 Yr.
Treasury CMT + 2.65%)
#  1/18/2033   500,000    414,504 
               777,129 
Electric 0.65%                
Comision Federal de Electricidad  3.348%  2/9/2031   625,000    448,744 
Comision Federal de Electricidad  4.677%  2/9/2051   800,000    466,518 
               915,262 
Oil & Gas 2.14%                
Petroleos Mexicanos  5.35%  2/12/2028   750,000    571,800 
Petroleos Mexicanos  6.50%  6/2/2041   1,175,000    683,045 
Petroleos Mexicanos  6.70%  2/16/2032   2,102,000    1,478,021 
Petroleos Mexicanos  6.75%  9/21/2047   460,000    257,193 
               2,990,059 
Total Mexico              4,682,450 
                 
Morocco 0.16%                
Chemicals                
OCP SA  5.125%  6/23/2051   350,000    224,145 
                 
Oman 0.78%                
Electric                
OmGrid Funding Ltd.  5.196%  5/16/2027   1,200,000    1,086,428 
                 
Panama 0.69%                
Banks 0.27%                
Banco Nacional de Panama  2.50%  8/11/2030   500,000    367,537 
Electric 0.11%                
AES Panama Generation Holdings SRL  4.375%  5/31/2030   200,000    157,921 
Multi-National 0.31%                
Banco Latinoamericano de Comercio Exterior SA  2.375%  9/14/2025   478,000    435,637 
Total Panama              961,095 
                 
Paraguay 0.19%                
Banks                
Banco Continental SAECA  2.75%  12/10/2025   300,000    262,124 

 

4 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Peru 1.02%                
Banks 0.76%                
Banco Internacional del Peru SAA Interbank  3.25%  10/4/2026  $590,000   $535,084 
Banco Internacional del Peru SAA Interbank  3.375%  1/18/2023   520,000    517,954 
               1,053,038 
Oil & Gas 0.26%                
Hunt Oil Co. of Peru LLC Sucursal Del Peru  6.375%  6/1/2028   412,200    368,404 
Total Peru              1,421,442 
                 
Qatar 1.25%                
Oil & Gas                
Qatar Energy  2.25%  7/12/2031   1,500,000    1,211,668 
Qatar Energy  3.30%  7/12/2051   750,000    534,315 
Total Qatar              1,745,983 
                 
Russia 0.26%                
Oil & Gas                
Gazprom PJSC Via Gaz Capital SA  4.95%  2/6/2028   700,000    367,500 
                 
Saudi Arabia 1.18%                
Electric 0.35%                
Acwa Power Management And Investments One Ltd  5.95%  12/15/2039   548,900    493,705 
Oil & Gas 0.44%                
SAGlobal Sukuk Ltd.  1.602%  6/17/2026   240,000    213,115 
Saudi Arabian Oil Co.  2.25%  11/24/2030   300,000    242,686 
Saudi Arabian Oil Co.  3.25%  11/24/2050   225,000    151,488 
               607,289 
Pipelines 0.39%                
EIG Pearl Holdings Sarl  3.545%  8/31/2036   685,000    548,336 
Total Saudi Arabia              1,649,330 
                 
South Africa 1.27%                
Electric                
Eskom Holdings SOC Ltd.  6.35%  8/10/2028   700,000    612,668 
Eskom Holdings SOC Ltd.  7.125%  2/11/2025   1,300,000    1,157,455 
Total South Africa              1,770,123 
                 
South Korea 2.80%                
Electric 0.84%                
Korea East-West Power Co. Ltd.  3.60%  5/6/2025   495,000    478,552 
Korea Electric Power Corp.  5.50%  4/6/2028   700,000    700,971 
               1,179,523 

 

  See Notes to Schedule of Investments. 5
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
South Korea (continued)                
Energy-Alternate Sources 0.35%                
Hanwha Energy USA Holdings Corp.  4.125%  7/5/2025  $500,000   $488,455 
Oil & Gas 0.94%                
Korea National Oil Corp.  2.125%  4/18/2027   1,500,000    1,310,960 
Semiconductors 0.67%                
SK Hynix, Inc.  2.375%  1/19/2031   1,270,000    940,899 
Total South Korea              3,919,837 
                 
Supranational 0.31%                
Multi-National                
African Export-Import Bank (The)  2.634%  5/17/2026   500,000    435,750 
                 
Thailand 0.54%                
Oil & Gas                
Thaioil Treasury Center Co. Ltd.  3.50%  10/17/2049   1,300,000    753,048 
                 
Turkey 0.86%                
Banks                
Turkiye Garanti Bankasi AS  5.875%  3/16/2023   1,200,000    1,197,960 
                 
United Arab Emirates 2.18%                
Commercial Services 0.78%                
DP World Crescent Ltd.  3.875%  7/18/2029   1,200,000    1,088,519 
Energy-Alternate Sources 0.38%                
Sweihan PV Power Co. PJSC  3.625%  1/31/2049   665,451    530,142 
Investment Companies 0.22%                
MDGH GMTN RSC Ltd.  3.70%  11/7/2049   400,000    310,125 
Pipelines 0.52%                
Galaxy Pipeline Assets Bidco Ltd.  3.25%  9/30/2040   1,000,000    734,175 
Sovereign 0.28%                
Finance Department Government of Sharjah  3.625%  3/10/2033   500,000    389,184 
Total United Arab Emirates              3,052,145 
                 
United States 0.15%                
Oil & Gas                
Citgo Holding, Inc.  9.25%  8/1/2024   208,000    206,675 
Total Corporate Bonds (cost $54,384,696)              44,860,434 

 

6 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
FOREIGN GOVERNMENT OBLIGATIONS 60.74%                
                 
Angola 1.53%                
Angolan Government International Bond  9.125%  11/26/2049  $1,050,000   $710,441 
Republic of Angola  8.25%  5/9/2028   1,800,000    1,423,584 
Total Angola              2,134,025 
                 
Argentina 1.07%                
Argentine Republic Government International Bond  1.50%  7/9/2035   2,950,000    537,325 
Argentine Republic Government International Bond  3.50%  7/9/2041   2,150,000    462,593 
Argentine Republic Government International Bond  3.875%  1/9/2038   2,077,038    490,360 
Total Argentina              1,490,278 
                 
Bahrain 1.89%                
Kingdom of Bahrain  5.45%  9/16/2032   1,550,000    1,241,369 
Kingdom of Bahrain  6.00%  9/19/2044   300,000    208,813 
Kingdom of Bahrain  7.00%  1/26/2026   1,180,000    1,186,374 
Total Bahrain              2,636,556 
                 
Bermuda 0.18%                
Bermuda Government International Bond  2.375%  8/20/2030   320,000    256,157 
                 
Brazil 1.88%                
Federal Republic of Brazil  3.75%  9/12/2031   1,650,000    1,336,068 
Federal Republic of Brazil  4.75%  1/14/2050   1,431,000    978,618 
Federal Republic of Brazil  5.00%  1/27/2045   436,000    317,943 
Total Brazil              2,632,629 
                 
Chile 1.34%                
Chile Government International Bond  2.45%  1/31/2031   850,000    682,058 
Chile Government International Bond  3.10%  5/7/2041   1,050,000    714,058 
Chile Government International Bond  3.50%  1/25/2050   700,000    478,104 
Total Chile              1,874,220 
                 
Colombia 2.64%                
Republic of Colombia  3.00%  1/30/2030   505,000    362,883 
Republic of Colombia  3.25%  4/22/2032   1,275,000    864,916 
Republic of Colombia  3.875%  4/25/2027   860,000    731,334 
Republic of Colombia  4.125%  5/15/2051   1,250,000    674,272 
Republic of Colombia  5.00%  6/15/2045   1,735,000    1,056,698 
Total Colombia              3,690,103 

 

  See Notes to Schedule of Investments. 7
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Costa Rica 0.97%                
Costa Rica Government  4.375%  4/30/2025  $640,000   $617,269 
Costa Rica Government  5.625%  4/30/2043   662,000    473,591 
Costa Rica Government  6.125%  2/19/2031   285,000    261,743 
Total Costa Rica              1,352,603 
                 
Dominican Republic 2.98%                
Dominican Republic  4.50%  1/30/2030   1,428,000    1,129,357 
Dominican Republic  5.30%  1/21/2041   750,000    509,578 
Dominican Republic  5.875%  1/30/2060   1,300,000    862,888 
Dominican Republic  5.95%  1/25/2027   1,225,000    1,143,044 
Dominican Republic International Bond  5.50%  2/22/2029   600,000    518,698 
Total Dominican Republic              4,163,565 
                 
Ecuador 1.39%                
Ecuador Government International Bond  Zero Coupon  7/31/2030   796,229    232,367 
Ecuador Government International Bond  1.50%  7/31/2040   1,921,077    571,520 
Ecuador Government International Bond  2.50%  7/31/2035   1,275,000    422,793 
Ecuador Government International Bond  5.50%  7/31/2030   1,507,550    721,086 
Total Ecuador              1,947,766 
                 
Egypt 2.21%                
Republic of Egypt  3.875%  2/16/2026   2,400,000    1,748,064 
Republic of Egypt  7.30%  9/30/2033   1,000,000    579,582 
Republic of Egypt  7.903%  2/21/2048   920,000    483,239 
Republic of Egypt  8.75%  9/30/2051   500,000    276,890 
Total Egypt              3,087,775 
                 
El Salvador 0.57%                
El Salvador Government International Bond  8.25%  4/10/2032   1,575,000    586,686 
Republic of EI Salvador  6.375%  1/18/2027   550,000    207,959 
Total El Salvador              794,645 
                 
Gabon 0.39%                
Gabon Government International Bond  7.00%  11/24/2031   832,000    551,108 
                 
Ghana 1.12%                
Republic of Ghana  6.375%  2/11/2027   1,625,000    655,688 
Republic of Ghana  7.625%  5/16/2029   730,000    281,050 
Republic of Ghana  8.625%  4/7/2034   500,000    187,460 
Republic of Ghana  8.627%  6/16/2049   1,175,000    437,887 
Total Ghana              1,562,085 

 

8 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Guatemala 0.77%                
Republic of Guatemala  4.375%  6/5/2027  $625,000   $574,448 
Republic of Guatemala  6.125%  6/1/2050   600,000    494,841 
Total Guatemala              1,069,289 
                 
Indonesia 2.41%                
Indonesia Government International Bond  1.85%  3/12/2031   1,600,000    1,223,794 
Indonesia Government International Bond  3.05%  3/12/2051   1,700,000    1,131,285 
Indonesia Government International Bond  3.50%  2/14/2050   500,000    346,380 
Perusahaan Penerbit SBSN Indonesia III  4.70%  6/6/2032   700,000    658,552 
Total Indonesia              3,360,011 
                 
Jamaica 0.28%                
Jamaica Government International Bond  6.75%  4/28/2028   375,000    390,322 
                 
Jordan 0.29%                
Kingdom of Jordan  5.85%  7/7/2030   500,000    408,174 
                 
Kazakhstan 0.74%                
Republic of Kazakhstan†(b)  1.50%  9/30/2034  EUR500,000    321,444 
Republic of Kazakhstan  4.875%  10/14/2044  $915,000    710,345 
Total Kazakhstan              1,031,789 
                 
Kenya 0.72%                
Republic of Kenya  6.30%  1/23/2034   1,000,000    616,385 
Republic of Kenya  7.00%  5/22/2027   500,000    386,050 
Total Kenya              1,002,435 
                 
Lebanon 0.09%                
Republic of Lebanon(c)  6.65%  2/26/2030   1,948,000    121,555 
                 
Mexico 2.25%                
Mexico Government International Bond  4.40%  2/12/2052   788,000    545,585 
United Mexican States  2.659%  5/24/2031   2,364,000    1,818,351 
United Mexican States  3.771%  5/24/2061   930,000    552,102 
United Mexican States  4.875%  5/19/2033   251,000    221,127 
Total Mexico              3,137,165 
                 
Mongolia 0.56%                
Development Bank of Mongolia LLC  7.25%  10/23/2023   822,000    789,118 

 

  See Notes to Schedule of Investments. 9
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Morocco 0.91%                
Kingdom of Morocco  4.25%  12/11/2022  $300,000   $299,230 
Morocco Government International Bond  3.00%  12/15/2032   970,000    682,017 
Morocco Government International Bond  4.00%  12/15/2050   500,000    287,395 
Total Morocco              1,268,642 
                 
Nigeria 1.97%                
Republic of Nigeria  6.50%  11/28/2027   2,150,000    1,561,837 
Republic of Nigeria  7.375%  9/28/2033   1,730,000    1,050,543 
Republic of Nigeria  8.25%  9/28/2051   250,000    141,475 
Total Nigeria              2,753,855 
                 
Oman 3.15%                
Oman Government International Bond  4.75%  6/15/2026   3,550,000    3,316,996 
Oman Government International Bond  6.25%  1/25/2031   300,000    280,311 
Oman Government International Bond  6.75%  1/17/2048   1,000,000    805,134 
Total Oman              4,402,441 
                 
Panama 2.49%                
Panama Government International Bond  4.30%  4/29/2053   925,000    620,306 
Republic of Panama  2.252%  9/29/2032   1,300,000    918,559 
Republic of Panama  3.87%  7/23/2060   1,010,000    603,261 
Republic of Panama  4.50%  4/16/2050   1,475,000    1,031,311 
Republic of Panama  4.50%  4/1/2056   460,000    312,098 
Total Panama              3,485,535 
                 
Paraguay 0.64%                
Paraguay Government International Bond  3.849%  6/28/2033   500,000    394,574 
Republic of Paraguay  5.40%  3/30/2050   675,000    498,787 
Total Paraguay              893,361 
                 
Peru 1.71%                
Republic of Peru  1.862%  12/1/2032   1,000,000    704,400 
Republic of Peru  2.78%  12/1/2060   465,000    254,011 
Republic of Peru  3.00%  1/15/2034   1,900,000    1,431,378 
Total Peru              2,389,789 
                 
Philippines 2.38%                
Philippine Government International Bond  2.65%  12/10/2045   2,800,000    1,735,578 
Philippine Government International Bond  3.229%  3/29/2027   1,700,000    1,586,180 
Total Philippines              3,321,758 

 

10 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Qatar 3.66%                
State of Qatar  3.25%  6/2/2026  $2,359,000   $2,249,917 
State of Qatar  4.00%  3/14/2029   1,650,000    1,584,040 
State of Qatar  4.40%  4/16/2050   500,000    440,989 
State of Qatar  4.40%  4/16/2050   950,000    837,879 
Total Qatar              5,112,825 
                 
Romania 0.36%                
Romanian Government International Bond†(b)  2.625%  12/2/2040  EUR 1,000,000    503,957 
                 
Saudi Arabia 3.31%                
KSA Sukuk Ltd.  2.25%  5/17/2031  $1,000,000    834,726 
Saudi International Bond  3.25%  11/17/2051   500,000    340,965 
Saudi International Bond  3.45%  2/2/2061   2,700,000    1,840,285 
Saudi International Bond  3.625%  3/4/2028   1,702,000    1,612,601 
Total Saudi Arabia              4,628,577 
                 
Senegal 0.50%                
Republic of Senegal  6.25%  5/23/2033   750,000    565,901 
Senegal Government International Bond†(b)  5.375%  6/8/2037  EUR 220,000    130,285 
Total Senegal              696,186 
                 
South Africa 1.67%                
Republic of South Africa  4.30%  10/12/2028  $1,440,000    1,201,887 
South Africa Government International Bond  5.75%  9/30/2049   1,760,000    1,136,872 
Total South Africa              2,338,759 
                 
Sri Lanka 0.80%                
Republic of Sri Lanka  5.75%  4/18/2023   1,531,000    398,797 
Republic of Sri Lanka  6.75%  4/18/2028   1,130,000    285,202 
Republic of Sri Lanka  7.55%  3/28/2030   550,000    140,089 
Sri Lanka Government International Bond†(c)  5.875%  7/25/2022   920,000    289,381 
Total Sri Lanka              1,113,469 
                 
Tunisia 0.25%                
Banque Centrale de Tunisie International Bond  5.75%  1/30/2025   590,000    354,658 
                 
Turkey 3.85%                
Republic of Turkey  4.25%  4/14/2026   2,100,000    1,734,134 
Republic of Turkey  5.25%  3/13/2030   1,445,000    1,037,246 
Republic of Turkey  5.75%  5/11/2047   1,250,000    755,400 
Republic of Turkey  5.95%  1/15/2031   500,000    369,461 

 

  See Notes to Schedule of Investments. 11
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Turkey (continued)                
Republic of Turkey  6.35%  8/10/2024  $1,040,000   $1,000,361 
Turkiye Ihracat Kredi Bankasi AS  5.75%  7/6/2026   580,000    483,088 
Total Turkey              5,379,690 
                 
Ukraine 0.32%                
Ukraine Government  7.253%  3/15/2035   730,000    137,616 
Ukraine Government  7.375%  9/25/2034   1,606,000    308,169 
Total Ukraine              445,785 
                 
United Arab Emirates 2.72%                
Abu Dhabi Government International Bond  1.70%  3/2/2031   1,989,000    1,581,482 
Abu Dhabi Government International Bond  1.875%  9/15/2031   1,000,000    801,412 
Abu Dhabi Government International Bond  3.125%  9/30/2049   1,000,000    707,350 
UAE International Government Bond  3.25%  10/19/2061   1,000,000    709,635 
Total United Arab Emirates              3,799,879 
                 
Uruguay 1.78%                
Republic of Uruguay  4.375%  1/23/2031   400,000    383,621 
Republic of Uruguay  4.975%  4/20/2055   1,428,000    1,280,085 
Republic of Uruguay  5.10%  6/18/2050   896,000    822,780 
Total Uruguay              2,486,486 
                 
Total Foreign Government Obligations (cost $121,252,834)              84,859,025 
Total Long-Term Investments (cost $175,637,530)              129,719,459 
                 
SHORT-TERM INVESTMENTS 4.97%                
                 
U.S. TREASURY OBLIGATIONS 4.97%                
U.S. Treasury Bill  Zero Coupon  2/16/2023   1,065,000    1,050,848 
U.S. Treasury Bill  Zero Coupon  3/16/2023   5,988,000    5,887,442 
Total U.S. Treasury Obligations (cost $6,937,738)              6,938,290 
Total Investments in Securities 97.82% (cost $182,575,268)           136,657,749 
Other Assets and Liabilities – Net(d) 2.18%              3,052,630 
Net Assets 100.00%             $139,710,379 

 

EUR   Euro.
CMT   Constant Maturity Rate.
LIBOR   London Interbank Offered 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, 2022, the total value of Rule 144A securities was $83,783,263, which represents 59.97% of net assets.
#   Variable rate security. The interest rate represents the rate in effect at September 30, 2022.
(a)   Security is perpetual in nature and has no stated maturity.

 

12 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

  (b)   Investment in non-U.S. dollar denominated securities.
  (c)   Defaulted (non-income producing security).
  (d)   Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts and futures contracts as follows:

 

Forward Foreign Currency Exchange Contracts at September 30, 2022:

 

Forward
Foreign
Currency
Exchange
Contracts
  Transaction
Type
  Counterparty  Expiration
Date
  Foreign
Currency
   U.S. $
Cost on
Origination
Date
   U.S. $
Current
Value
   Unrealized
Appreciation
 
Euro  Buy  State Street Bank and Trust  12/12/2022   45,000      $43,933     $44,327           $394 
Euro  Sell  State Street Bank and Trust  12/12/2022   1,133,000      1,139,401      1,116,050      23,351 
Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts                  $23,745 

 

Futures Contracts at September 30, 2022:

 

Type  Expiration  Contracts  Position  Notional
Amount
   Notional
Value
   Unrealized
Appreciation
 
Euro-Bund  December 2022  8  Short  EUR (1,154,962)  EUR (1,107,920)       $46,103 
Euro-Buxl  December 2022  2  Short   (319,256)   (293,280)     25,458 
U.S. 10-Year Ultra Treasury Note  December 2022  138  Short        $(17,299,405)        $(16,350,844)     948,561 
U.S. 5-Year Treasury Note  December 2022  1  Short   (111,317)   (107,508)     3,809 
U.S. Ultra Treasury Bond  December 2022  47  Short   (7,019,247)   (6,439,000)     580,247 
Total Unrealized Appreciation on Futures Contracts                 $1,604,178 
                     
Type  Expiration  Contracts  Position  Notional
Amount
   Notional
Value
   Unrealized
Depreciation
 
U.S. 10-Year Treasury Bond  December 2022  8  Long  $897,390   $896,500     $(890)
U.S. 2-Year Treasury Note  December 2022  36  Long   7,513,594    7,394,062      (119,532)
U.S. Long Bond  December 2022  147  Long   20,028,717    18,581,719      (1,446,998)
Total Unrealized Depreciation on Futures Contracts                 $(1,567,420)

 

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Corporate Bonds  $   $44,860,434   $   $44,860,434 
Foreign Government Obligations       84,859,025        84,859,025 
Short-Term Investments                    
U.S. Treasury Obligations       6,938,290        6,938,290 
Total  $   $136,657,749   $   $136,657,749 

 

  See Notes to Schedule of Investments. 13
 

Schedule of Investments (unaudited)(concluded)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS BOND FUND September 30, 2022

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Other Financial Instruments                    
Forward Foreign Currency Exchange Contracts                    
Assets  $   $23,745   $   $23,745 
Liabilities                
Futures Contracts                    
Assets   1,604,178            1,604,178 
Liabilities   (1,567,420)           (1,567,420)
Total  $36,758   $23,745   $   $60,503 
     
(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. 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.

 

14 See Notes to Schedule of Investments.  
 

Schedule of Investments (unaudited)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments        Shares   Fair
Value
 
LONG-TERM INVESTMENTS 94.85%                
                 
COMMON STOCKS 0.23%                
                 
China 0.05%                
Internet & Catalog Retail                
Alibaba Group Holding Ltd. ADR*         331   $26,477 
                 
United States 0.18%                
Chemicals 0.12%                
Mosaic Co. (The)         1,291    62,394 
Food Products 0.06%                
Archer-Daniels-Midland Co.         412    33,145 
Total United States              95,539 
Total Common Stocks (cost $145,497)              122,016 
                 
   Interest
Rate
  Maturity
Date
  Principal
Amount
      
CONVERTIBLE BONDS 0.77%                
                 
China 0.42%                
Internet                
Pinduoduo, Inc.  Zero Coupon  12/1/2025  $49,000    44,076 
Weibo Corp.  1.25%  11/15/2022   180,000    178,650 
                 
United Arab Emirates 0.35%                
Oil & Gas                
Abu Dhabi National Oil Co.  0.70%  6/4/2024   200,000    187,000 
Total Convertible Bonds (cost $425,260)              409,726 
                 
CORPORATE BONDS 92.40%                
                 
Argentina 2.16%                
Electric 0.63%                
Pampa Energia SA  9.125%  4/15/2029   400,000    336,540 
Energy-Alternate Sources 0.59%                
YPF Energia Electrica SA  10.00%  7/25/2026   392,000    313,763 
Oil & Gas 0.94%                
YPF SA  6.95%  7/21/2027   860,000    504,704 
Total Argentina              1,155,007 
     
  See Notes to Schedule of Investments. 15
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Brazil 5.41%                
Airlines 0.27%                
Azul Investments LLP  5.875%  10/26/2024  $200,000   $144,408 
Chemicals 0.38%                
Braskem Finance Ltd.  6.45%  2/3/2024   200,000    202,136 
Commercial Services 0.40%                
Movida Europe SA  5.25%  2/8/2031   300,000    213,471 
Diversified Financial Services 0.65%                
XP, Inc.  3.25%  7/1/2026   400,000    346,280 
Forest Products & Paper 0.54%                
Suzano Austria GmbH  3.125%  1/15/2032   400,000    288,468 
Internet 0.25%                
B2W Digital Lux Sarl  4.375%  12/20/2030   200,000    136,392 
Iron-Steel 1.34%                
CSN Inova Ventures  6.75%  1/28/2028   200,000    173,631 
CSN Resources SA  4.625%  6/10/2031   200,000    136,654 
Vale Overseas Ltd.  3.75%  7/8/2030   500,000    405,835 
               716,120 
Media 0.28%                
Globo Comunicacao e Participacoes SA  5.50%  1/14/2032   200,000    150,374 
Oil & Gas 0.58%                
MC Brazil Downstream Trading Sarl  7.25%  6/30/2031   411,000    309,947 
Transportation 0.72%                
Hidrovias International Finance Sarl  4.95%  2/8/2031   200,000    154,507 
Rumo Luxembourg Sarl  4.20%  1/18/2032   300,000    233,218 
               387,725 
Total Brazil              2,895,321 
                 
Canada 0.12%                
Oil & Gas                
MEG Energy Corp.  5.875%  2/1/2029   73,000    65,628 
                 
Chile 3.29%                
Banks 1.04%                
Banco de Credito e Inversiones SA  3.50%  10/12/2027   200,000    181,157 
Banco del Estado de Chile  2.704%  1/9/2025   200,000    187,468 
Banco Santander Chile  2.70%  1/10/2025   200,000    187,000 
               555,625 
Chemicals 0.26%                
Sociedad Quimica y Minera de Chile SA  3.50%  9/10/2051   200,000    137,597 
   
16 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Chile (continued)                
Electric 0.66%                
Alfa Desarrollo SpA  4.55%  9/27/2051  $249,089   $164,965 
Engie Energia Chile SA  4.50%  1/29/2025   200,000    191,318 
               356,283 
Forest Products & Paper 0.56%                
Inversiones CMPC SA  3.00%  4/6/2031   400,000    298,000 
Media 0.21%                
VTR Finance NV  6.375%  7/15/2028   200,000    112,500 
Mining 0.28%                
Antofagasta plc  2.375%  10/14/2030   200,000    149,873 
Pipelines 0.28%                
GNL Quintero SA  4.634%  7/31/2029   164,720    151,788 
Total Chile              1,761,666 
                 
China 5.56%                
Chemicals 0.92%                
Tianqi Finco Co. Ltd.  3.75%  11/28/2022   500,000    494,700 
Gas 0.64%                
ENN Clean Energy International Investment Ltd.  3.375%  5/12/2026   400,000    343,227 
Internet 2.22%                
Baidu, Inc.  2.375%  10/9/2030   200,000    159,467 
Meituan  2.125%  10/28/2025   300,000    256,865 
Prosus NV  3.257%  1/19/2027   200,000    167,681 
Prosus NV  3.832%  2/8/2051   400,000    222,754 
Weibo Corp.  3.50%  7/5/2024   400,000    382,751 
               1,189,518 
Investment Companies 0.86%                
Huarong Finance 2019 Co. Ltd.  3.375%  2/24/2030   400,000    261,500 
Huarong Finance 2019 Co. Ltd.  4.105% (3 Mo.
LIBOR + 1.13%)
#  2/24/2023   200,000    196,750 
               458,250 
Real Estate 0.44%                
Country Garden Holdings Co. Ltd.  5.125%  1/14/2027   300,000    89,250 
Kaisa Group Holdings Ltd.  11.95%  10/22/2022   200,000    19,500 
Ronshine China Holdings Ltd.(a)  8.10%  6/9/2023   200,000    13,399 
Shimao Group Holdings Ltd.  3.45%  1/11/2031   400,000    47,632 
Sunac China Holdings Ltd.  7.50%  2/1/2024   450,000    65,917 
               235,698 
     
  See Notes to Schedule of Investments. 17
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
China (continued)                
Telecommunications 0.48%                
Xiaomi Best Time International Ltd.  2.875%  7/14/2031  $200,000   $140,097 
Xiaomi Best Time International Ltd.  4.10%  7/14/2051   200,000    115,817 
               255,914 
Total China              2,977,307 
                 
Colombia 4.00%                
Banks 1.01%                
Banco de Bogota SA  6.25%  5/12/2026   400,000    374,644 
Bancolombia SA  4.625% (5 Yr.
Treasury CMT + 2.94%)
#  12/18/2029   200,000    168,292 
               542,936 
Diversified Financial Services 0.33%                
SURA Asset Management SA  4.375%  4/11/2027   200,000    175,985 
Oil & Gas 1.65%                
Canacol Energy Ltd.  5.75%  11/24/2028   300,000    227,493 
Ecopetrol SA  4.125%  1/16/2025   235,000    215,950 
Ecopetrol SA  5.875%  11/2/2051   302,000    179,562 
SierraCol Energy Andina LLC  6.00%  6/15/2028   400,000    260,317 
               883,322 
Pipelines 0.61%                
AI Candelaria Spain SA  5.75%  6/15/2033   250,000    170,550 
Oleoducto Central SA  4.00%  7/14/2027   200,000    154,668 
               325,218 
Telecommunications 0.40%                
Millicom International Cellular SA  4.50%  4/27/2031   300,000    214,566 
Total Colombia              2,142,027 
                 
Dominican Republic 0.61%                
Energy-Alternate Sources                
Empresa Generadora de Electricidad Haina SA  5.625%  11/8/2028   408,000    324,539 
                 
Ghana 1.06%                
Oil & Gas                
Kosmos Energy Ltd.  7.50%  3/1/2028   300,000    236,051 
Kosmos Energy Ltd.  7.75%  5/1/2027   200,000    159,541 
Tullow Oil plc  10.25%  5/15/2026   200,000    169,315 
Total Ghana              564,907 
   
18 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Guatemala 0.59%                
Beverages 0.31%                
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL  5.25%  4/27/2029  $190,000   $165,079 
Telecommunications 0.28%                
CT Trust  5.125%  2/3/2032   200,000    150,917 
Total Guatemala              315,996 
                 
Hong Kong 0.36%                
Real Estate                
Swire Properties MTN Financing Ltd.  3.625%  1/13/2026   200,000    193,625 
                 
India 3.65%                
Commercial Services 0.90%                
Adani Ports & Special Economic Zone Ltd.  3.10%  2/2/2031   300,000    216,080 
Adani Ports & Special Economic Zone Ltd.  3.375%  7/24/2024   280,000    266,409 
               482,489 
Electric 1.17%                
Adani Green Energy Ltd.  4.375%  9/8/2024   200,000    165,000 
Adani Transmission Step-One Ltd.  4.00%  8/3/2026   300,000    271,357 
Greenko Investment Co.  4.875%  8/16/2023   200,000    191,400 
               627,757 
Energy-Alternate Sources 0.29%                
Greenko Dutch BV  3.85%  3/29/2026   191,000    155,188 
Engineering & Construction 0.41%                
Summit Digitel Infrastructure Ltd.  2.875%  8/12/2031   300,000    218,080 
Oil & Gas 0.44%                
Reliance Industries Ltd.  2.875%  1/12/2032   300,000    235,433 
Transportation 0.44%                
Indian Railway Finance Corp. Ltd.  2.80%  2/10/2031   300,000    231,794 
Total India              1,950,741 
                 
Indonesia 5.62%                
Coal 0.87%                
Indika Energy Capital IV Pte Ltd.  8.25%  10/22/2025   500,000    468,930 
Electric 2.29%                
Cikarang Listrindo Tbk PT  4.95%  9/14/2026   200,000    182,165 
Minejesa Capital BV  4.625%  8/10/2030   600,000    498,000 
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara  3.00%  6/30/2030   700,000    544,096 
               1,224,261 
     
  See Notes to Schedule of Investments. 19
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Indonesia (continued)                
Mining 1.30%                
Bukit Makmur Mandiri Utama PT  7.75%  2/10/2026  $200,000   $166,910 
Freeport Indonesia PT  4.763%  4/14/2027   200,000    181,058 
Freeport Indonesia PT  5.315%  4/14/2032   200,000    166,500 
Indonesia Asahan Aluminium Persero PT  5.45%  5/15/2030   200,000    179,277 
               693,745 
Oil & Gas 1.16%                
Medco Bell Pte Ltd.  6.375%  1/30/2027   400,000    321,504 
Pertamina Persero PT  4.30%  5/20/2023   300,000    297,750 
               619,254 
Total Indonesia              3,006,190 
                 
Israel 3.24%                
Banks 1.00%                
Bank Hapoalim BM3.255% (5 Yr.
Treasury CMT + 2.16%)
#  1/21/2032   200,000    167,174 
Bank Leumi Le-Israel BM3.275% (5 Yr.
Treasury CMT + 1.63%)
#  1/29/2031   200,000    170,500 
Bank Leumi Le-Israel BM  5.125%  7/27/2027   200,000    196,726 
               534,400 
Pharmaceuticals 2.24%                
Teva Pharmaceutical Finance Netherlands III BV  3.15%  10/1/2026   600,000    493,107 
Teva Pharmaceutical Finance Netherlands III BV  4.10%  10/1/2046   292,000    174,921 
Teva Pharmaceutical Finance Netherlands III BV  5.125%  5/9/2029   350,000    289,578 
Teva Pharmaceutical Finance Netherlands III BV  6.00%  4/15/2024   250,000    243,065 
               1,200,671 
Total Israel              1,735,071 
                 
Kazakhstan 1.17%                
Oil & Gas 0.80%                
Tengizchevroil Finance Co. International Ltd.  3.25%  8/15/2030   600,000    427,500 
Transportation 0.37%                
Kazakhstan Temir Zholy Finance BV  6.95%  7/10/2042   200,000    198,371 
Total Kazakhstan              625,871 
                 
Kuwait 2.74%                
Banks 1.47%                
NBK SPC Ltd.  1.625%
(SOFR + 1.05%)
#  9/15/2027   600,000    516,427 
                 
20 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Kuwait (continued)                
NBK Tier 1 Financing 2 Ltd.4.50% (6 Yr.
Treasury CMT + 2.83%)
#  (b)  $300,000   $268,994 
               785,421 
Chemicals 1.27%                
Equate Petrochemical BV  2.625%  4/28/2028   800,000    679,509 
Total Kuwait              1,464,930 
                 
Macau 0.29%                
Lodging                
MGM China Holdings Ltd.  4.75%  2/1/2027   200,000    155,835 
                 
Malaysia 1.32%                
Oil & Gas 0.64%                
Petronas Energy Canada Ltd.  2.112%  3/23/2028   400,000    345,029 
Transportation 0.68%                
Misc Capital Two Labuan Ltd.  3.75%  4/6/2027   400,000    362,527 
Total Malaysia              707,556 
                 
Mexico 3.98%                
Banks 1.89%                
Banco Mercantil del Norte SA/Grand Cayman6.625% (10 Yr.
Treasury CMT + 5.03%)
#  (b)   250,000    196,666 
Banco Nacional de Comercio Exterior SNC2.72% (5 Yr.
Treasury CMT + 2.00%)
#  8/11/2031   200,000    172,678 
BBVA Bancomer SA5.125% (5 Yr.
Treasury CMT + 2.65%)
# 1/18/2033   450,000    373,054 
BBVA Bancomer SA/Texas  1.875%  9/18/2025   300,000    269,085 
               1,011,483 
Chemicals 0.56%                
Braskem Idesa SAPI  7.45%  11/15/2029   200,000    152,005 
Orbia Advance Corp. SAB de CV  2.875%  5/11/2031   200,000    145,895 
               297,900 
Mining 0.27%                
Industrias Penoles SAB de CV  4.75%  8/6/2050   200,000    142,803 
REITS 0.94%                
CIBANCO SA Institucion de Banca Multiple Trust CIB/3332  4.375%  7/22/2031   500,000    352,905 
Trust Fibra Uno  4.869%  1/15/2030   200,000    152,980 
               505,885 
     
  See Notes to Schedule of Investments. 21
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Mexico (continued)                
Telecommunications 0.32%                
America Movil SAB de CV  5.375%  4/4/2032  $200,000   $172,423 
Total Mexico              2,130,494 
                 
Morocco 1.24%                
Chemicals                
OCP SA  3.75%  6/23/2031   868,000    661,588 
                 
Netherlands 0.28%                
Media                
Summer BidCo BV PIK 9.75%†(c)  9.00%  11/15/2025  EUR209,750    151,928 
                 
Nigeria 0.37%                
Banks                
BOI FINANCE BV†(c)  7.50%  2/16/2027  EUR250,000    200,200 
                 
Oman 1.17%                
Oil & Gas                
OQ SAOC  5.125%  5/6/2028  $700,000    627,756 
                 
Panama 1.90%                
Banks 0.75%                
Multibank Inc  4.375%  11/9/2022   400,000    399,830 
Electric 0.59%                
AES Panama Generation Holdings SRL  4.375%  5/31/2030   400,000    315,842 
Engineering & Construction 0.27%                
Aeropuerto Internacional de Tocumen SA  5.125%  8/11/2061   200,000    143,395 
Media 0.29%                
Cable Onda SA  4.50%  1/30/2030   200,000    157,869 
Total Panama              1,016,936 
                 
Paraguay 0.83%                
Banks 0.33%                
Banco Continental SAECA  2.75%  12/10/2025   200,000    174,749 
Telecommunications 0.50%                
Telefonica Celular del Paraguay SA  5.875%  4/15/2027   300,000    267,009 
Total Paraguay              441,758 
                 
Peru 2.30%                
Banks 0.63%                
Banco de Credito del Peru SA3.25% (5 Yr.
Treasury CMT + 2.45%)
#  9/30/2031   400,000    338,740 
   
22 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Peru (continued)                
Diversified Financial Services 0.30%                
Intercorp Peru Ltd.  3.875%  8/15/2029  $200,000   $162,465 
Gas 0.75%                
Gas Natural de Lima y Callao SA  4.375%  4/1/2023   400,000    398,820 
Oil & Gas 0.31%                
Hunt Oil Co. of Peru LLC Sucursal Del Peru  6.375%  6/1/2028   183,200    163,735 
Retail 0.31%                
InRetail Consumer  3.25%  3/22/2028   200,000    166,770 
Total Peru              1,230,530 
                 
Philippines 1.42%                
Commercial Services 1.08%                
Royal Capital BV4.875% (5 Yr.
Treasury CMT + 5.93%)
#  (b)   600,000    579,510 
Holding Companies-Diversified 0.34%                
San Miguel Corp.5.50% (5 Yr.
Treasury CMT + 10.24%)
#  (b)   200,000    181,500 
Total Philippines              761,010 
                 
Qatar 4.26%                
Banks 1.73%                
QIB Sukuk Ltd.  1.95%  10/27/2025   300,000    276,075 
QNB Finance Ltd.  2.625%  5/12/2025   400,000    375,932 
QNB Finance Ltd.  2.75%  2/12/2027   300,000    271,875 
               923,882 
Gas 0.25%                
Nakilat, Inc.  6.267%  12/31/2033   132,691    135,414 
Oil & Gas 0.61%                
Qatar Energy  2.25%  7/12/2031   400,000    323,111 
Telecommunications 1.67%                
Ooredoo International Finance Ltd.  2.625%  4/8/2031   600,000    497,382 
Ooredoo International Finance Ltd.  3.25%  2/21/2023   400,000    397,732 
               895,114 
Total Qatar              2,277,521 
                 
Russia 0.14%                
Banks 0.00%                
Alfa Bank AO Via Alfa Bond Issuance PLC  5.50% (5 Yr.
Treasury CMT + 4.55%)
#  10/26/2031   300,000    (d) 
Sberbank of Russia Via SB Capital SA  5.25%  5/23/2023   450,000    (d) 
                
                 
  See Notes to Schedule of Investments. 23
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Russia (continued)                
Oil & Gas 0.14%                
Gazprom PJSC via Gaz Finance PLC  4.599%  (b)  $200,000   $74,000 
Total Russia              74,000 
                 
Saudi Arabia 4.08%                
Chemicals 0.30%                
SABIC Capital I BV  2.15%  9/14/2030   200,000    160,883 
Electric 1.21%                
Acwa Power Management And Investments One Ltd  5.95%  12/15/2039   199,600    179,529 
Saudi Electricity Global Sukuk Co. 3  5.50%  4/8/2044   200,000    195,905 
Saudi Electricity Global Sukuk Co. 5  1.74%  9/17/2025   300,000    273,336 
               648,770 
Oil & Gas 1.97%                
SA Global Sukuk Ltd.  2.694%  6/17/2031   450,000    380,489 
Saudi Arabian Oil Co.  2.25%  11/24/2030   500,000    404,477 
Saudi Arabian Oil Co.  3.25%  11/24/2050   400,000    269,311 
               1,054,277 
Pipelines 0.60%                
EIG Pearl Holdings Sarl  3.545%  8/31/2036   400,000    320,196 
Total Saudi Arabia              2,184,126 
                 
Singapore 1.48%                
Banks                
DBS Group Holdings Ltd.1.822% (5 Yr.
Treasury CMT + 1.10%)
#  3/10/2031   900,000    792,819 
                 
South Africa 2.59%                
Chemicals 0.96%                
Sasol Financing USA LLC  4.375%  9/18/2026   200,000    174,789 
Sasol Financing USA LLC  5.50%  3/18/2031   450,000    340,479 
               515,268 
Commercial Services 0.48%                
Bidvest Group UK plc (The)  3.625%  9/23/2026   300,000    255,990 
Electric 0.69%                
Eskom Holdings SOC Ltd.  6.75%  8/6/2023   200,000    190,066 
Eskom Holdings SOC Ltd.  7.125%  2/11/2025   200,000    178,070 
               368,136 
Mining 0.46%                
Stillwater Mining Co.  4.00%  11/16/2026   300,000    248,670 
Total South Africa              1,388,064 
   
24 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
South Korea 5.86%                
Banks 1.41%                
KEB Hana Bank  4.375%  9/30/2024  $200,000   $196,144 
Kookmin Bank  2.50%  11/4/2030   200,000    159,936 
Woori Bank  4.75%  4/30/2024   400,000    396,445 
               752,525 
Electric 1.96%                
Korea East-West Power Co. Ltd.  3.60%  5/6/2025   200,000    193,354 
Korea Electric Power Corp.  5.50%  4/6/2028   400,000    400,555 
Korea Hydro & Nuclear Power Co. Ltd.  4.25%  7/27/2027   200,000    192,879 
Korea Midland Power Co. Ltd.  1.25%  8/9/2026   300,000    260,854 
               1,047,642 
Energy-Alternate Sources 0.55%                
Hanwha Energy USA Holdings Corp.  4.125%  7/5/2025   300,000    293,073 
Oil & Gas 0.65%                
Korea National Oil Corp.  2.125%  4/18/2027   400,000    349,589 
Semiconductors 1.29%                
SK Hynix, Inc.  1.50%  1/19/2026   800,000    693,495 
Total South Korea              3,136,324 
                 
Supranational 0.57%                
Multi-National                
African Export-Import Bank (The)  2.634%  5/17/2026   350,000    305,025 
                 
Taiwan 1.39%                
Semiconductors                
TSMC Arizona Corp.  4.125%  4/22/2029   250,000    235,853 
TSMC Global Ltd.  1.75%  4/23/2028   200,000    166,856 
TSMC Global Ltd.  4.375%  7/22/2027   350,000    339,190 
Total Taiwan              741,899 
                 
Thailand 3.05%                
Banks 1.26%                
Bangkok Bank pcl5.00% (5 Yr.
Treasury CMT + 4.73%)
#  (b)   500,000    443,490 
Bangkok Bank pcl/Hong Kong3.466% (5 Yr.
Treasury CMT + 2.15%)
#  9/23/2036   300,000    232,570 
               676,060 
Chemicals 0.59%                
GC Treasury Center Co. Ltd.  2.98%  3/18/2031   400,000    316,253 
     
  See Notes to Schedule of Investments. 25
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Thailand (continued)                
Oil & Gas 1.20%                
PTTEP Treasury Center Co. Ltd.  2.993%  1/15/2030  $250,000   $212,820 
Thaioil Treasury Center Co. Ltd.  2.50%  6/18/2030   400,000    313,366 
Thaioil Treasury Center Co. Ltd.  3.50%  10/17/2049   200,000    115,853 
               642,039 
Total Thailand              1,634,352 
                 
Turkey 5.27%                
Banks 3.88%                
Akbank TAS  5.125%  3/31/2025   400,000    357,500 
QNB Finansbank AS  6.875%  9/7/2024   200,000    199,229 
Turkiye Garanti Bankasi AS  5.875%  3/16/2023   700,000    698,810 
Turkiye Sinai Kalkinma Bankasi AS  5.875%  1/14/2026   200,000    171,511 
Turkiye Vakiflar Bankasi TAO  6.00%  11/1/2022   650,000    648,128 
               2,075,178 
Commercial Services 0.31%                
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS  9.50%  7/10/2036   200,000    163,372 
Holding Companies-Diversified 0.74%                
KOC Holding AS  5.25%  3/15/2023   400,000    397,104 
Oil & Gas 0.34%                
Turkiye Petrol Rafinerileri AS  4.50%  10/18/2024   200,000    182,761 
Total Turkey              2,818,415 
                 
Ukraine 0.20%                
Telecommunications                
VF Ukraine PAT via VFU Funding PLC  6.20%  2/11/2025   200,000    108,540 
                 
United Arab Emirates 5.43%                
Banks 1.26%                
ADCB Finance Cayman Ltd.  4.00%  3/29/2023   200,000    199,047 
Fab Sukuk Co. Ltd.  2.50%  1/21/2025   300,000    285,736 
First Abu Dhabi Bank PJSC4.50% (5 Yr.
Treasury CMT + 4.14%)
#  (b)   200,000    187,319 
               672,102 
Commercial Services 0.57%                
DP World Ltd./United Arab Emirates  6.85%  7/2/2037   300,000    306,635 
Electric 1.30%                
Abu Dhabi National Energy Co. PJSC  2.00%  4/29/2028   600,000    510,165 
Emirates Semb Corp. Water & Power Co. PJSC  4.45%  8/1/2035   200,000    185,768 
               695,933 
   
26 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United Arab Emirates (continued)                
Energy-Alternate Sources 0.30%                
Sweihan PV Power Co. PJSC  3.625%  1/31/2049  $198,642   $158,251 
Investment Companies 0.29%                
MDGH GMTN RSC Ltd.  3.70%  11/7/2049   200,000    155,063 
Pipelines 1.35%                
Abu Dhabi Crude Oil Pipeline LLC  4.60%  11/2/2047   400,000    357,929 
Galaxy Pipeline Assets Bidco Ltd.  3.25%  9/30/2040   500,000    367,087 
               725,016 
Real Estate 0.36%                
MAF Sukuk Ltd.  4.50%  11/3/2025   200,000    194,767 
Total United Arab Emirates              2,907,767 
                 
United Kingdom 1.26%                
Holding Companies-Diversified 0.35%                
CK Hutchison International 17 Ltd.  3.50%  4/5/2027   200,000    188,635 
Retail 0.91%                
CK Hutchison International 21 Ltd.  2.50%  4/15/2031   600,000    486,890 
Total United Kingdom              675,525 
                 
United States 0.43%                
Chemicals 0.14%                
CVR Partners LP/CVR Nitrogen Finance Corp.  6.125%  6/15/2028   88,000    76,749 
Oil & Gas 0.15%                
Callon Petroleum Co.  6.375%  7/1/2026   90,000    81,265 
Pipelines 0.14%                
Cheniere Energy Partners LP  4.00%  3/1/2031   88,000    73,963 
Total United States              231,977 
                 
Vietnam 0.79%                
Electric                
Mong Duong Finance Holdings BV  5.125%  5/7/2029   536,000    421,862 
                 
Zambia 0.92%                
Mining                
First Quantum Minerals Ltd.  6.875%  3/1/2026   300,000    277,185 
First Quantum Minerals Ltd.  7.50%  4/1/2025   220,000    212,033 
Total Zambia              489,218 
Total Corporate Bonds (cost $59,487,073)              49,451,851 
     
  See Notes to Schedule of Investments. 27
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
FLOATING RATE LOANS(e) 0.13%                
                 
Metals/Mining (Excluding Steel)                
Peabody Energy Corporation 2018 Term Loan (cost $61,141)  5.834% (1 Mo.
LIBOR + 2.75%)
  3/31/2025  $75,789   $72,326 
                 
FOREIGN GOVERNMENT OBLIGATIONS 1.32%                
                 
Colombia 0.46%                
Republic of Colombia  4.00%  2/26/2024   250,000    243,735 
                 
Ecuador 0.18%                
Ecuador Government International Bond  5.50%  7/31/2030   200,000    95,663 
                 
Morocco 0.37%                
Kingdom of Morocco  4.25%  12/11/2022   200,000    199,487 
                 
Turkey 0.31%                
Turkiye Ihracat Kredi Bankasi AS  5.75%  7/6/2026   200,000    166,582 
                 
Total Foreign Government Obligations (cost $813,673)              705,467 
Total Long-Term Investments (cost $60,932,644)              50,761,386 
                 
SHORT-TERM INVESTMENTS 5.20%                
                 
U.S. TREASURY OBLIGATIONS 3.63%                
U.S. Treasury Bill (cost $1,943,888)  Zero Coupon  3/16/2023   1,978,000    1,944,783 
                 
REPURCHASE AGREEMENTS 1.57%                
Repurchase Agreement dated 9/30/2022, 1.300% due 10/3/2022 with Fixed Income Clearing Corp. collateralized by $872,500 of U.S. Treasury Note at 2.750% due 2/15/2024; value: $857,266; proceeds: $840,472
(cost $840,381)
         840,381    840,381 
Total Short-Term Investments (cost $2,784,269)              2,785,164 
Total Investments in Securities 100.05% (cost $63,716,913)              53,546,550 
Other Assets and Liabilities – Net(f) (0.05)%              (27,357)
Net Assets 100.00%             $53,519,193 
     
EUR       Euro.
ADR   American Depositary Receipt.
CMT   Constant Maturity Rate.
LIBOR   London Interbank Offered Rate.
PIK   Payment-in-kind.
REITS   Real Estate Investment Trust.
   
28 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

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, 2022, the total value of Rule 144A securities was $35,707,836, which represents 66.72% of net assets.
#   Variable rate security. The interest rate represents the rate in effect at September 30, 2022.
(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)   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, 2022.
(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, 2022:

 

Forward
Foreign
Currency
Exchange
Contracts
  Transaction
Type
  Counterparty  Expiration
Date
  Foreign
Currency
  U.S. $
Cost on
Origination
Date
  U.S. $
Current
Value
  Unrealized
Appreciation
 
Euro  Sell  State Street Bank and Trust  12/12/2022  403,000  $405,277  $396,971  $8,306  
                        
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  State Street Bank and Trust  12/12/2022  179,000  $179,539  $176,322  $(3,217 )

 

Futures Contracts at September 30, 2022:

 

Type  Expiration  Contracts  Position  Notional
Amount
   Notional
Value
  Unrealized
Appreciation
 
U.S. 10-Year Treasury Note  December 2022  9  Short  $(1,060,619)  $(1,008,562)          $52,057 
U.S. 10-Year Ultra Treasury Note  December 2022  28  Short   (3,535,474)   (3,317,563)     217,911 
U.S. 5-Year Treasury Note  December 2022  6  Short   (667,910)   (645,047)     22,863 
Total Unrealized Appreciation on Futures Contracts                   $292,831 
                           
Type  Expiration  Contracts  Position   Notional
Amount
    Notional
Value
  Unrealized
Depreciation
 
U.S. 2-Year Treasury Note  December 2022  36  Long  $7,506,627   $7,394,063     $(112,564)
U.S. Long Bond  December 2022  8  Long   1,075,203    1,011,250      (63,953)
U.S. Ultra Treasury Bond  December 2022  4  Long   584,617    548,000      (36,617)
Total Unrealized Depreciation on Futures Contracts                   $(213,134)
     
  See Notes to Schedule of Investments. 29
 

Schedule of Investments (unaudited)(concluded)

LORD ABBETT GLOBAL FUND, INC. – EMERGING MARKETS CORPORATE DEBT FUND September 30, 2022

 

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments carried at fair value(1):

 

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Common Stocks  $122,016   $   $   $122,016 
Convertible Bonds       409,726        409,726 
Corporate Bonds                    
Banks           (3)     
Remaining Industries       49,451,851        49,451,851 
Floating Rate Loans       72,326        72,326 
Foreign Government Obligations       705,467        705,467 
Short-Term Investments                    
U.S. Treasury Obligations       1,944,783        1,944,783 
Repurchase Agreements       840,381        840,381 
Total  $122,016   $53,424,534   $   $53,546,550 
Other Financial Instruments                    
Forward Foreign Currency Exchange Contracts                    
Assets  $   $8,306   $   $8,306 
Liabilities       (3,217)       (3,217)
Futures Contracts                    
Assets   292,831            292,831 
Liabilities   (213,134)           (213,134)
Total  $79,697   $5,089   $   $84,786 
     
(1)   Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.
(2)   See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. Industries are presented within an Investment Type should such Investment Type include securities classified as two or more levels within the three-tier fair value hierarchy. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.
(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.

 

30 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
LONG-TERM INVESTMENTS 94.76%              
               
ASSET-BACKED SECURITIES 7.16%              
               
Cayman Islands 3.10%              
Other              
Arbor Realty Commercial Real Estate Notes Ltd. 2022-FL2 A  4.695% (1 Mo.
Term SOFR + 1.85%)
# 5/15/2037  $100,000   $98,478 
Venture 33 CLO Ltd. 2018-33A A1LR  3.572% (3 Mo.
LIBOR + 1.06%)
# 7/15/2031   100,000    98,016 
VERDE CLO Ltd. 2019-1A AR  3.612% (3 Mo.
LIBOR + 1.10%)
# 4/15/2032   100,000    96,250 
Total Cayman Islands              292,744 
                 
United States 4.06%                
Automobiles 1.05%                
Avid Automobile Receivables Trust 2019-1 C  3.14%  7/15/2026   100,000    99,309 
Credit Card 1.05%                
Perimeter Master Note Business Trust 2019-2A A  4.23%  5/15/2024   100,000    99,139 
Other 1.96%                
GoodLeap Sustainable Home Solutions Trust 2022-1GS A  2.70%  1/20/2049   74,477    62,916 
ME Funding LLC 2019-1 A2  6.448%  7/30/2049   48,625    47,786 
Sunrun Demeter Issuer 2021-2A A  2.27%  1/30/2057   96,461    74,550 
               185,252 
Total United States              383,700 
Total Asset-Backed Securities (cost $722,594)              676,444 
                 
CONVERTIBLE BONDS 0.27%                
                 
United States                
Energy-Alternate Sources                
Enphase Energy, Inc.  Zero Coupon  3/1/2026   9,000    10,431 
SolarEdge Technologies, Inc.  Zero Coupon  9/15/2025   7,000    7,655 
Sunrun, Inc.  Zero Coupon  2/1/2026   11,000    7,859 
Total Convertible Bonds (cost $29,145)              25,945 
                 
CORPORATE BONDS 49.74%                
                 
Australia 0.53%                
Mining                
FMG Resources August 2006 Pty Ltd.  4.50%  9/15/2027   11,000    9,696 
Glencore Funding LLC  2.85%  4/27/2031   19,000    14,726 
Glencore Funding LLC  4.875%  3/12/2029   28,000    25,871 
Total Australia              50,293 

 

  See Notes to Schedule of Investments. 31
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Bermuda 0.95%              
Insurance                
PartnerRe Ireland Finance DAC(a)  1.25%  9/15/2026  EUR100,000   $89,274 
                 
Brazil 0.05%                
Forest Products & Paper                
Suzano Austria GmbH  3.125%  1/15/2032  $6,000    4,327 
                 
Canada 0.17%                
Banks                
Toronto-Dominion Bank (The)  4.456%  6/8/2032   18,000    16,460 
                 
Colombia 0.22%                
Oil & Gas                
Ecopetrol SA  4.625%  11/2/2031   30,000    21,044 
                 
France 2.69%                
Distribution/Wholesale 0.80%                
Rexel SA(a)  2.125%  12/15/2028  EUR100,000    75,300 
Transportation 0.95%                
Getlink SE(a)  3.50%  10/30/2025  EUR100,000    89,680 
Water 0.94%                
Suez SACA(a)  1.875%  5/24/2027  EUR100,000    89,041 
Total France              254,021 
                 
Germany 2.38%                
Banks 0.74%                
Kreditanstalt fuer Wiederaufbau  0.375%  7/18/2025  $78,000    69,912 
Building Materials 0.84%                
PCF GmbH†(a)  4.75%  4/15/2026  EUR100,000    79,364 
Transportation 0.80%                
Hamburger Hochbahn AG(a)  0.125%  2/24/2031  EUR100,000    75,707 
Total Germany              224,983 
                 
Guatemala 0.18%                
Beverages                
Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL  5.25%  4/27/2029  $20,000    17,377 
                 
Mexico 0.20%                
Oil & Gas                
Petroleos Mexicanos  6.70%  2/16/2032   27,000    18,985 

 

32 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Netherlands 0.73%                
Internet                
United Group B.V.†(a)  5.25%  2/1/2030  EUR100,000   $68,950 
                 
Portugal 0.82%                
Electric                
Ren Finance BV(a)  0.50%  4/16/2029  EUR100,000    77,029 
                 
Russia 0.53%                
Oil & Gas                
Gazprom PJSC via Gaz Finance plc(a)  1.50%  2/17/2027  EUR100,000    49,983 
                 
Spain 2.62%                
Engineering & Construction 0.78%                
Cellnex Telecom SA(a)  1.875%  6/26/2029  EUR100,000    74,146 
Pharmaceuticals 0.93%                
Almirall SA(a)  2.125%  9/30/2026  EUR100,000    87,944 
Telecommunications 0.91%                
Lorca Telecom Bondco SA†(a)  4.00%  9/18/2027  EUR100,000    85,549 
Total Spain              247,639 
                 
Supranational 6.58%                
Multi-National 6.11%                
Asian Development Bank  3.097%
(SOFR Index + 1.00%)
# 4/6/2027  $130,000    133,277 
European Investment Bank  2.125%  4/13/2026   100,000    92,907 
European Investment Bank  2.375%  5/24/2027   50,000    46,275 
Inter-American Development Bank  2.801%
(SOFR Index + 0.20%)
# 2/10/2026   80,000    79,846 
Inter-American Investment Corp.  2.625%  4/22/2025   32,000    30,589 
International Bank for Reconstruction & Development(a)  0.25%  1/29/2029  SEK260,000    19,183 
International Bank for Reconstruction & Development  2.98%
(SOFR Index + 0.29%)
# 11/22/2028  $40,000    39,647 
International Finance Corp.(a)  0.375%  9/10/2025  NZD65,000    31,965 
International Finance Corp.  3.063%
(SOFR Index + 0.09%)
# 6/30/2023  $65,000    64,978 
Nordic Investment Bank(a)  0.125%  6/10/2024  EUR41,000    38,571 
               577,238 
Sovereign 0.47%                
European Union(a)  0.25%  10/22/2026  EUR50,000    44,652 
Total Supranational              621,890 

 

  See Notes to Schedule of Investments. 33
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United Arab Emirates 1.56%                
Pipelines                
Galaxy Pipeline Assets Bidco Ltd.  1.75%  9/30/2027  $162,398   $147,836 
                 
United Kingdom 2.74%                
Chemicals 0.77%                
Linde Finance BV(a)  0.55%  5/19/2032  EUR100,000    72,898 
Entertainment 1.02%                
Pinewood Finance Co. Ltd.(a)  3.25%  9/30/2025  GBP100,000    96,023 
Retail 0.95%                
Punch Finance plc†(a)  6.125%  6/30/2026  GBP100,000    90,145 
Total United Kingdom              259,066 
                 
United States 26.79%                
Aerospace/Defense 0.13%                
TransDigm, Inc.  4.625%  1/15/2029  $15,000    12,113 
Agriculture 0.26%                
Cargill, Inc.   4.00%  6/22/2032   27,000    24,622 
Airlines 0.23%                
American Airlines Group, Inc.  3.75%  3/1/2025   15,000    12,285 
United Airlines, Inc.  4.375%  4/15/2026   11,000    9,836 
               22,121 
Auto Manufacturers 0.32%                
Ford Motor Co.  3.25%  2/12/2032   42,000    30,326 
Banks 4.81%                
Bank of America Corp.  2.687%
(SOFR + 1.32%)
# 4/22/2032   92,000    71,934 
Bank of America Corp.  3.97% (3 Mo.
LIBOR + 1.07%)
# 3/5/2029   25,000    22,652 
Bank of New York Mellon Corp. (The)  4.596%
(SOFR + 1.76%)
# 7/26/2030   23,000    21,824 
Citigroup, Inc.  2.561%
(SOFR + 1.17%)
# 5/1/2032   50,000    38,447 
Citigroup, Inc.  4.14%
(SOFR + 1.37%)
# 5/24/2025   10,000    9,782 
Goldman Sachs Group, Inc. (The)  0.627%
(SOFR + 0.54%)
# 11/17/2023   42,000    41,749 
Goldman Sachs Group, Inc. (The)  2.383%
(SOFR + 1.25%)
# 7/21/2032   25,000    18,879 
Goldman Sachs Group, Inc. (The)  2.615%
(SOFR + 1.28%)
# 4/22/2032   18,000    13,973 
JPMorgan Chase & Co.  2.58%
(SOFR + 1.25%)
# 4/22/2032   76,000    58,991 

 

34 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Banks (continued)                
JPMorgan Chase & Co.  2.963%
(SOFR + 1.26%)
# 1/25/2033  $25,000   $19,682 
Morgan Stanley  2.239%
(SOFR + 1.18%)
# 7/21/2032   26,000    19,558 
Morgan Stanley  2.484%
(SOFR + 1.36%)
# 9/16/2036   44,000    31,594 
Morgan Stanley  4.431% (3 Mo.
LIBOR + 1.63%)
# 1/23/2030   25,000    23,014 
Popular, Inc.  6.125%  9/14/2023   7,000    6,965 
US Bancorp  4.967%
(SOFR + 2.11%)
# 7/22/2033   38,000    35,537 
Wells Fargo & Co.  3.35%
(SOFR + 1.50%)
# 3/2/2033   25,000    20,307 
               454,888 
Beverages 0.99%                
Molson Coors Beverage Co.(a)  1.25%  7/15/2024  EUR100,000    93,701 
Building Materials 0.21%                
Eco Material Technologies, Inc.  7.875%  1/31/2027  $12,000    10,649 
Standard Industries, Inc.  4.375%  7/15/2030   12,000    9,209 
               19,858 
Chemicals 0.20%                
Ashland LLC  6.875%  5/15/2043   10,000    9,605 
CVR Partners LP/CVR Nitrogen Finance Corp.  6.125%  6/15/2028   11,000    9,594 
               19,199 
Coal 0.10%                
SunCoke Energy, Inc.  4.875%  6/30/2029   12,000    9,280 
Commercial Services 0.47%                
Ahern Rentals, Inc.  7.375%  5/15/2023   13,000    8,822 
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer, Inc.  5.00%  2/1/2026   12,000    10,338 
Service Corp. International  3.375%  8/15/2030   12,000    9,402 
United Rentals North America, Inc.  4.00%  7/15/2030   11,000    9,103 
ZipRecruiter, Inc.  5.00%  1/15/2030   8,000    6,476 
               44,141 
Computers 0.39%                
Booz Allen Hamilton, Inc.  3.875%  9/1/2028   12,000    10,347 
Condor Merger Sub, Inc.  7.375%  2/15/2030   12,000    9,834 
Dell International LLC/EMC Corp.  3.375%  12/15/2041   18,000    11,170 
Dell International LLC/EMC Corp.  8.35%  7/15/2046   5,000    5,407 
               36,758 

 

  See Notes to Schedule of Investments. 35
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Diversified Financial Services 1.70%                
AG Issuer LLC  6.25%  3/1/2028  $14,000   $12,131 
Aircastle Ltd.  2.85%  1/26/2028   20,000    15,555 
Ally Financial, Inc.  8.00%  11/1/2031   25,000    26,247 
American Express Co.  4.42%
(SOFR + 1.76%)
# 8/3/2033   34,000    30,952 
Coinbase Global, Inc.  3.375%  10/1/2028   13,000    8,157 
Intercontinental Exchange, Inc.  4.00%  9/15/2027   57,000    54,166 
Navient Corp.  5.00%  3/15/2027   5,000    4,096 
Navient Corp.  6.75%  6/25/2025   10,000    9,376 
               160,680 
Electric 2.22%                
AEP Transmission Co. LLC  4.50%  6/15/2052   11,000    9,374 
Baltimore Gas & Electric Co.  4.55%  6/1/2052   25,000    21,529 
Calpine Corp.  5.125%  3/15/2028   11,000    9,470 
Constellation Energy Generation LLC  6.25%  10/1/2039   18,000    17,639 
Duke Energy Corp.  4.50%  8/15/2032   19,000    17,208 
FirstEnergy Corp.  4.40%  7/15/2027   18,000    16,742 
IPALCO Enterprises, Inc.  4.25%  5/1/2030   25,000    21,729 
Leeward Renewable Energy Operations LLC  4.25%  7/1/2029   23,000    18,565 
NextEra Energy Capital Holdings, Inc.  5.00%  7/15/2032   29,000    27,729 
Southern Co. (The)  4.475%  8/1/2024   42,000    41,507 
Vistra Operations Co. LLC  4.375%  5/1/2029   10,000    8,340 
               209,832 
Electrical Components & Equipment 1.02%                
Schneider Electric SE(a)  1.841%  10/13/2025  EUR100,000    96,232 
Electronics 0.10%                
Atkore, Inc.  4.25%  6/1/2031  $12,000    9,613 
Energy-Alternate Sources 0.17%                
Sunnova Energy Corp.  5.875%  9/1/2026   11,000    9,843 
TerraForm Power Operating LLC  4.75%  1/15/2030   7,000    5,956 
               15,799 
Engineering & Construction 0.12%                
Weekley Homes LLC/Weekley Finance Corp.  4.875%  9/15/2028   14,000    11,334 
Entertainment 0.53%                
Jacobs Entertainment, Inc.  6.75%  2/15/2029   11,000    9,426 
Live Nation Entertainment, Inc.  4.75%  10/15/2027   12,000    10,443 
Mohegan Gaming & Entertainment  8.00%  2/1/2026   12,000    10,033 

 

36 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Entertainment (continued)                
Penn Entertainment, Inc.  5.625%  1/15/2027  $11,000   $9,747 
WMG Acquisition Corp.  3.75%  12/1/2029   12,000    9,986 
               49,635 
Environmental Control 0.09%                
Madison IAQ LLC  5.875%  6/30/2029   12,000    8,379 
Food 0.86%                
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC  3.50%  3/15/2029   12,000    9,698 
Mondelez International Holdings Netherlands BV(a)  0.625%  9/9/2032  EUR100,000    71,497 
               81,195 
Forest Products & Paper 0.11%                
Sylvamo Corp.  7.00%  9/1/2029  $12,000    10,267 
Gas 0.55%                
CenterPoint Energy Resources Corp.  4.40%  7/1/2032   25,000    23,285 
Southwest Gas Corp.  4.05%  3/15/2032   34,000    28,605 
               51,890 
Health Care-Products 0.10%                
Medline Borrower LP  3.875%  4/1/2029   12,000    9,640 
Health Care-Services 1.15%                
Centene Corp.  3.375%  2/15/2030   38,000    31,148 
Centene Corp.  4.25%  12/15/2027   15,000    13,752 
Charles River Laboratories International, Inc.  4.00%  3/15/2031   12,000    9,692 
Elevance Health, Inc.  2.25%  5/15/2030   8,000    6,465 
Elevance Health, Inc.  2.875%  9/15/2029   27,000    23,091 
ModivCare Escrow Issuer, Inc.  5.00%  10/1/2029   12,000    9,774 
Molina Healthcare, Inc.  3.875%  11/15/2030   17,000    14,291 
               108,213 
Insurance 0.10%                
Assurant, Inc.  2.65%  1/15/2032   13,000    9,593 
Internet 0.39%                
Go Daddy Operating Co. LLC/GD Finance Co., Inc.  3.50%  3/1/2029   12,000    9,844 
Netflix, Inc.  5.875%  2/15/2025   15,000    15,008 
Netflix, Inc.  5.875%  11/15/2028   12,000    11,739 
               36,591 
Iron-Steel 0.10%                
United States Steel Corp.  6.65%  6/1/2037   12,000    9,870 
Leisure Time 0.12%                
Life Time, Inc.  5.75%  1/15/2026   12,000    10,938 

 

  See Notes to Schedule of Investments. 37
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Lodging 0.22%                
Wyndham Hotels & Resorts, Inc.  4.375%  8/15/2028  $12,000   $10,566 
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.  5.25%  5/15/2027   12,000    10,589 
               21,155 
Media 1.60%                
AMC Networks, Inc.  4.25%  2/15/2029   12,000    8,900 
CCO Holdings LLC/CCO Holdings Capital Corp.  4.75%  3/1/2030   22,000    17,902 
Charter Communications Operating LLC/Charter Communications Operating Capital  6.484%  10/23/2045   29,000    25,634 
Comcast Corp.(a)  1.50%  2/20/2029  GBP100,000    85,826 
FactSet Research Systems, Inc.  3.45%  3/1/2032  $16,000    13,062 
               151,324 
Metal Fabricate-Hardware 0.12%                
Advanced Drainage Systems, Inc.  6.375%  6/15/2030   12,000    11,655 
Oil & Gas 3.39%                
Aethon United BR LP/Aethon United Finance Corp.  8.25%  2/15/2026   11,000    10,644 
Callon Petroleum Co.  8.00%  8/1/2028   11,000    10,169 
Civitas Resources, Inc.  5.00%  10/15/2026   17,000    15,461 
Colgate Energy Partners III LLC  7.75%  2/15/2026   11,000    10,822 
Comstock Resources, Inc.  6.75%  3/1/2029   12,000    11,096 
Continental Resources, Inc.  5.75%  1/15/2031   47,000    42,587 
Diamondback Energy, Inc.  3.125%  3/24/2031   26,000    21,128 
Earthstone Energy Holdings LLC  8.00%  4/15/2027   10,000    9,445 
EQT Corp.  3.625%  5/15/2031   6,000    5,011 
EQT Corp.  5.00%  1/15/2029   15,000    14,026 
EQT Corp.  7.00%  2/1/2030   32,000    33,099 
Gulfport Energy Corp.  8.00%  5/17/2026   11,510    11,469 
Hilcorp Energy I LP/Hilcorp Finance Co.  6.00%  2/1/2031   17,000    14,792 
Laredo Petroleum, Inc.  9.50%  1/15/2025   10,000    9,927 
Nabors Industries Ltd.  7.25%  1/15/2026   14,000    12,209 
Occidental Petroleum Corp.  6.125%  1/1/2031   16,000    15,799 
Ovintiv, Inc.  6.50%  2/1/2038   21,000    20,439 
Permian Resources Operating LLC  5.375%  1/15/2026   15,000    13,742 
Range Resources Corp.  8.25%  1/15/2029   13,000    13,255 
SM Energy Co.  6.75%  9/15/2026   10,000    9,640 
Southwestern Energy Co.  5.375%  2/1/2029   17,000    15,452 
               320,212 

 

38 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Oil & Gas Services 0.20%                
Oceaneering International, Inc.  6.00%  2/1/2028  $11,000   $8,740 
Weatherford International Ltd.  8.625%  4/30/2030   12,000    10,478 
               19,218 
Packaging & Containers 1.04%                
Ball Corp.  2.875%  8/15/2030   13,000    10,005 
OI European Group BV(a)  2.875%  2/15/2025  EUR100,000    88,266 
               98,271 
Pharmaceuticals 0.59%                
CVS Health Corp.  3.25%  8/15/2029  $38,000    33,289 
Option Care Health, Inc.  4.375%  10/31/2029   12,000    10,163 
Owens & Minor, Inc.  6.625%  4/1/2030   14,000    12,355 
               55,807 
Pipelines 0.40%                
Buckeye Partners LP   6.375% (3 Mo.
LIBOR + 4.02%)
# 1/22/2078   12,000    9,716 
NGPL PipeCo LLC  3.25%  7/15/2031   24,000    18,826 
Venture Global Calcasieu Pass LLC  4.125%  8/15/2031   11,000    9,148 
               37,690 
REITS 0.31%                
Crown Castle, Inc.  3.30%  7/1/2030   29,000    24,322 
GLP Capital LP/GLP Financing II, Inc.  5.75%  6/1/2028   5,000    4,693 
               29,015 
Retail 0.29%                
BCPE Ulysses Intermediate, Inc. PIK 8.50%  7.75%  4/1/2027   15,000    10,236 
Murphy Oil USA, Inc.  4.75%  9/15/2029   11,000    9,759 
Party City Holdings, Inc.  8.75%  2/15/2026   12,000    6,976 
               26,971 
Semiconductors 0.29%                
Advanced Micro Devices, Inc.  3.924%  6/1/2032   20,000    18,159 
Entegris, Inc.  3.625%  5/1/2029   12,000    9,517 
               27,676 
Software 0.50%                
MSCI, Inc.  3.625%  11/1/2031   12,000    9,643 
Oracle Corp.  2.875%  3/25/2031   18,000    14,217 
ROBLOX Corp.  3.875%  5/1/2030   12,000    9,790 
Twilio, Inc.  3.625%  3/15/2029   8,000    6,472 
Twilio, Inc.  3.875%  3/15/2031   9,000    7,083 
               47,205 

 

  See Notes to Schedule of Investments. 39
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
United States (continued)                
Telecommunications 0.30%                
Frontier Communications Holdings LLC  5.00%  5/1/2028  $15,000   $12,898 
Sprint Capital Corp.  6.875%  11/15/2028   15,000    15,439 
               28,337 
Total United States              2,531,244 
Total Corporate Bonds (cost $5,695,835)              4,700,401 
                 
FLOATING RATE LOANS(b) 2.30%                
                 
Aerospace/Defense 0.27%                
Cobham Ultra SeniorCo S.a.r.l USD Term Loan B  7.063% (6 Mo.
LIBOR + 3.75%)
  8/3/2029   16,686    16,032 
Vertex Aerospace Services Corp. 2021 First Lien Term Loan  6.865% (1 Mo.
LIBOR + 3.75%)
  12/6/2028   9,935    9,687 
Total              25,719 
                 
Commercial Services 0.20%                
Element Materials Technology Group US Holdings, Inc. 2022 USD Delayed Draw Term Loan(c)  (d)  7/6/2029   2,687    2,536 
Element Materials Technology Group US Holdings, Inc. 2022 USD Term Loan  (d)  7/6/2029   5,821    5,493 
R1 RCM, Inc. 2022 Term Loan B  6.034% (1 Mo.
SOFR + 3.00%)
  6/21/2029   10,791    10,654 
Total              18,683 
                 
Computers 0.20%                
Imprivata, Inc. Term Loan  6.865% (1 Mo.
LIBOR + 3.75%)
  12/1/2027   9,287    8,985 
Peraton Corp. 2nd Lien Term Loan B1  10.568% (1 Mo.
LIBOR + 7.75%)
  2/1/2029   10,000    9,513 
Total              18,498 
                 
Diversified Financial Services 0.11%                
Minotaur Acquisition, Inc. Term Loan B  8.134% (1 Mo.
SOFR + 5.00%)
  3/27/2026   10,672    10,166 
                 
Electric 0.21%                
Calpine Corporation 2020 Term Loan B5  5.62% (1 Mo.
LIBOR + 2.50%)
  12/16/2027   10,944    10,604 
Edgewater Generation, L.L.C. Term Loan  6.865% (1 Mo.
LIBOR + 3.75%)
  12/13/2025   10,358    9,141 
Total              19,745 

 

40 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Health Care Services 0.18%                
Wellpath Holdings, Inc. 2018 1st Lien Term Loan  8.615% (1 Mo.
LIBOR + 5.50%)
  10/1/2025  $18,170   $16,880 
                 
Home Furnishings 0.11%                
AI Aqua Merger Sub, Inc. 2021 1st Lien Term Loan B  (d)  7/31/2028   10,973    10,222 
                 
Media 0.10%                
Gray Television, Inc. 2021 Term Loan D  5.564% (1 Mo.
LIBOR + 3.00%)
  12/1/2028   10,185    9,917 
                 
Oil & Gas 0.22%                
Parkway Generation, LLC Term Loan B  7.865% (1 Mo.
LIBOR + 4.75%)
  2/18/2029   9,601    9,409 
Parkway Generation, LLC Term Loan C  7.865% (1 Mo.
LIBOR + 4.75%)
  2/18/2029   1,351    1,324 
Southwestern Energy Company 2021 Term Loan  6.203% (3 Mo.
SOFR + 2.50%)
  6/22/2027   10,155    10,035 
Total              20,768 
                 
Pharmaceuticals 0.27%                
Jazz Financing Lux S.a.r.l. USD Term Loan (Luxembourg)(e)  6.615% (1 Mo.
LIBOR + 3.50%)
  5/5/2028   15,218    14,739 
Option Care Health, Inc. 2021 Term Loan B  5.865% (1 Mo.
LIBOR + 2.75%)
  10/27/2028   10,688    10,474 
Total              25,213 
                 
Pipelines 0.16%                
AL NGPL Holdings, LLC Term Loan B  6.098% (3 Mo.
LIBOR + 3.75%)
  4/14/2028   15,755    15,528 
                 
Retail 0.06%                
Evergreen Acqco 1 LP 2021 USD Term Loan  (d)  4/26/2028   5,896    5,690 
                 
Software 0.21%                
ECL Entertainment, LLC Term Loan  10.615% (1 Mo.
LIBOR + 7.50%)
  5/1/2028   10,917    10,835 
Playtika Holding Corp 2021 Term Loan  5.865% (1 Mo.
LIBOR + 2.75%)
  3/13/2028   9,476    9,101 
Total              19,936 
Total Floating Rate Loans (cost $222,123)              216,965 

 

  See Notes to Schedule of Investments. 41
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
FOREIGN GOVERNMENT OBLIGATIONS 16.99%                
                 
Australia 0.93%                
Australia Government Bond(a)  3.00%  3/21/2047  AUD  19,000   $10,063 
Queensland Treasury Corp.†(a)  1.50%  3/2/2032  AUD 70,000    34,750 
Queensland Treasury Corp.†(a)  3.25%  7/21/2026  AUD 70,000    43,570 
Total Australia              88,383 
                 
Canada 1.88%                
Province of Alberta Canada(a)  2.05%  6/1/2030  CAD 100,000    63,781 
Province of Ontario Canada  3.10%  5/19/2027  $81,000    76,397 
Province of Saskatchewan(a)  4.75%  6/1/2040  CAD 49,000    37,527 
Total Canada              177,705 
                 
China 5.74%                
China Development Bank(a)  3.07%  3/10/2030  CNY 650,000    92,253 
China Development Bank(a)  3.09%  6/18/2030  CNY 1,300,000    184,839 
China Development Bank(a)  3.48%  1/8/2029  CNY 1,000,000    145,745 
China Development Bank(a)  3.68%  2/26/2026  CNY 600,000    87,791 
China Government Bond(a)  3.86%  7/22/2049  CNY 200,000    31,380 
Total China              542,008 
                 
Colombia 1.45%                
Colombia Government International Bond(a)  3.875%  3/22/2026  EUR 100,000    90,366 
Colombian TES(a)  7.50%  8/26/2026  COP 250,000,000    46,430 
Total Colombia              136,796 
                 
Dominican Republic 1.37%                
Dominican Republic International Bond  5.50%  2/22/2029  $150,000    129,675 
                 
France 0.99%                
Action Logement Services(a)  0.50%  10/30/2034  EUR 100,000    71,436 
French Republic Government Bond OAT(a)  0.75%  5/25/2052  EUR 40,000    22,245 
Total France              93,681 
                 
Germany 0.22%                
Bundesrepublik Deutschland Bundesanleihe(a)  Zero Coupon  8/15/2052  EUR 40,000    21,108 
                 
Indonesia 0.70%                
Indonesia Government International Bond(a)  1.30%  3/23/2034  EUR 100,000    66,014 
                 
Italy 0.55%                
Italy Buoni Poliennali Del Tesoro†(a)  1.50%  4/30/2045  EUR 27,000    15,635 
Italy Buoni Poliennali Del Tesoro†(a)  2.45%  9/1/2033  EUR 45,000    36,374 
Total Italy              52,009 

 

42 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Japan 1.95%                
Japan Bank for International Cooperation(a)  1.50%  6/1/2029  EUR 100,000   $88,349 
Japan Government Ten Year Bond(a)  0.10%  12/20/2031  JPY 14,000,000    95,482 
Total Japan              183,831 
                 
South Africa 0.17%                
Republic of South Africa Government Bond(a)  8.75%  2/28/2048  ZAR 396,000    16,542 
                 
Spain 0.14%                
Spain Government Bond†(a)  1.00%  7/30/2042  EUR 21,000    13,278 
                 
Turkey 0.56%                
Republic of Turkey  7.375%  2/5/2025  $55,000    52,949 
                 
United States 0.34%                
Tennessee Valley Authority  1.50%  9/15/2031   40,000    31,976 
Total Foreign Government Obligations (cost $1,994,940)              1,605,955 
                 
GOVERNMENT SPONSORED ENTERPRISES PASS-THROUGHS 6.67%         
Fannie Mae or Freddie Mac(f)  2.00%  TBA   75,000    60,738 
Fannie Mae or Freddie Mac(f)  2.50%  TBA   9,000    7,535 
Fannie Mae or Freddie Mac(f)  3.50%  TBA   25,000    22,493 
Fannie Mae or Freddie Mac(f)  4.00%  TBA   31,000    28,750 
Fannie Mae or Freddie Mac(f)  4.50%  TBA   69,000    65,680 
Fannie Mae or Freddie Mac(f)  5.00%  TBA   42,000    40,872 
Fannie Mae Pool  3.00%  10/1/2050   105,077    93,038 
Fannie Mae Pool  3.50%  4/1/2052   40,894    37,238 
Fannie Mae Pool  4.00%  5/1/2052   39,628    37,226 
Federal Home Loan Mortgage Corp.  3.50%  2/1/2046   19,681    18,168 
Ginnie Mae(f)  3.00%  TBA   12,000    10,605 
Ginnie Mae(f)  3.50%  TBA   15,000    13,647 
Ginnie Mae(f)  4.00%  TBA   34,000    31,760 
Ginnie Mae(f)  4.50%  TBA   81,000    77,520 
Ginnie Mae(f)  5.00%  TBA   87,000    85,172 
Total Government Sponsored Enterprises Pass-Throughs (cost $657,023)           630,442 
                 
MUNICIPAL BONDS 0.64%                
                 
Tax Revenue 0.42%                
New York City Transitional Finance Authority Futur  1.95%  8/1/2034   30,000    21,123 
Regional Transportation District Sales Tax Revenue  2.337%  11/1/2036   25,000    18,092 
Total              39,215 

 

  See Notes to Schedule of Investments. 43
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Interest
Rate
  Maturity
Date
  Principal
Amount
   Fair
Value
 
Transportation 0.22%              
Metropolitan Transportation Authority  6.668%  11/15/2039  $20,000   $21,242 
Total Municipal Bonds (cost $82,186)              60,457 
                 
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 3.84%             
BBCMS Mortgage Trust 2019-BWAY A  3.774% (1 Mo.
LIBOR + .96%)
# 11/15/2034   11,000    10,513 
BBCMS Mortgage Trust 2019-BWAY B  4.128% (1 Mo.
LIBOR + 1.31%)
# 11/15/2034   10,000    9,436 
Commercial Mortgage Pass-Through Certificates 2015-PC1 C  4.435%#(g)  7/10/2050   25,000    22,988 
Connecticut Avenue Securities Trust 2022-R08 1M1  4.855% (1 Mo.
SOFR + 2.55%)
# 7/25/2042   19,366    19,284 
CSAIL Commercial Mortgage Trust 2016-C7 D  4.526%#(g)  11/15/2049   45,000    30,660 
Freddie Mac STACR REMIC Trust 2021-DNA6 M2  3.781% (1 Mo.             
   SOFR + 1.50%)# 10/25/2041   30,000    27,292 
Freddie Mac STACR REMIC Trust 2021-HQA4 M1  3.231% (1 Mo.
SOFR + 0.95%)
# 12/25/2041   29,568    28,192 
Freddie Mac STACR REMIC Trust 2022-HQA3 M1A  4.581% (1 Mo.
SOFR + 2.30%)
# 8/25/2042   29,321    29,018 
Great Wolf Trust 2019-WOLF A  3.852% (1 Mo.
LIBOR + 1.03%)
# 12/15/2036   33,000    31,965 
Life Mortgage Trust 2022-BMR2 A1  4.141% (1 Mo.
Term SOFR + 1.30%)
# 5/15/2039   100,000    97,321 
Residential Mortgage Loan Trust 2020-1 A1  2.376%#(g)  1/26/2060   22,484    21,263 
Verus Securitization Trust 2020-5 A1  1.218%  5/25/2065   37,196    34,515 
Total Non-Agency Commercial Mortgage-Backed Securities (cost $382,416)           362,447 
                 
U.S. TREASURY OBLIGATIONS 7.15%                
U.S. Treasury Bond  2.375%  2/15/2042   63,000    48,303 
U.S. Treasury Bond  2.875%  5/15/2052   145,000    121,642 
U.S. Treasury Bond  3.25%  5/15/2042   299,000    265,456 
U.S. Treasury Inflation Indexed Bond(h)  0.125%  2/15/2052   106,429    67,455 
U.S. Treasury Inflation Indexed Note(h)  0.625%  7/15/2032   109,108    99,087 
U.S. Treasury Note  4.125%  9/30/2027   74,000    74,249 
Total U.S. Treasury Obligations (cost $778,032)              676,192 
Total Long-Term Investments (cost $10,564,294)              8,955,248 

 

44 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Investments  Principal
Amount
   Fair
Value
 
SHORT-TERM INVESTMENTS 8.46%          
           
REPURCHASE AGREEMENTS 8.46%          
Repurchase Agreement dated 9/30/2022, 1.300% due 10/3/2022 with Fixed Income Clearing Corp. collateralized by $829,700 of U.S. Treasury Note at 2.750% due 2/15/2024; value: $815,213; proceeds: $799,247
(cost $799,160)
  $799,160   $799,160 
Total Investments in Securities 103.22% (cost $11,363,454)        9,754,408 
Less Unfunded Loan Commitments (0.03%) (cost $2,687)        (2,536)
Net Investments in Securities 103.19% (cost $11,360,767)        9,751,872 
Other Assets and Liabilities – Net(i) (3.19)%        (301,599)
Net Assets 100.00%       $9,450,273 

 

AUD   Australian Dollar.
CAD   Canadian Dollar.
CNY   Chinese Yuan Renminbi.
COP   Colombian Peso.
EUR   Euro.
GBP   British Pound.
JPY   Japanese Yen.
NZD   New Zealand Dollar.
SEK   Swedish Krona.
ZAR   South African Rand.
LIBOR   London Interbank Offered Rate.
PIK   Payment-in-kind.
REITS   Real Estate Investment Trust.
SOFR   Secured Overnight Financing Rate.
  Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, unless registered under such Act or exempted from registration, may only be resold to qualified institutional buyers. At September 30, 2022, the total value of Rule 144A securities was $2,560,472, which represents 27.09% of net assets.
#   Variable rate security. The interest rate represents the rate in effect at September 30, 2022.
(a)   Investment in non-U.S. dollar denominated securities.
(b)   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, 2022.
(c)   Security partially/fully unfunded.
(d)   Interest rate to be determined.
(e)   Foreign security traded in U.S. dollars.
(f)   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.
(g)   Interest rate is based on the weighted average interest rates of the underlying mortgages within the mortgage pool.
(h)   Treasury Inflation Protected Security. A U.S. Treasury Note or Bond that offers protection from inflation by paying a fixed rate of interest on principal amount that is adjusted for inflation based on the Consumer Price Index.
(i)   Other Assets and Liabilities – Net include net unrealized appreciation/depreciation on forward foreign currency exchange contracts, futures contracts and swaps as follows:

 

  See Notes to Schedule of Investments. 45
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Centrally Cleared Credit Default Swaps on Indexes - Buy Protection at September 30, 2022(1):

 

Referenced
Indexes
  Central
Clearing Party
  Fund
Pays
(Quarterly)
  Termination
Date
  Notional
Amount
  Payments
Upfront(2)
  Value  Unrealized
Appreciation(3)
Markit CDX.NA.HY.38(4)(5)  Goldman Sachs  1.00%  12/20/2027  $100,000  $9,428  $9,952  $524

 

Centrally Cleared Credit Default Swaps on Indexes - Sell Protection at September 30, 2022(1):

 

Referenced
Indexes
  Central
Clearing Party
  Fund
Receives
(Quarterly)
  Termination
Date
  Notional
Amount
 

Payments

Upfront(2)

 

 

Value

 

Unrealized

Depreciation(3)

Markit CDX.NA.HY.38(4)(5)  Goldman Sachs  5.00%  6/20/2027  $148,500  $(547)  $(3,361)  $(2,814)

 

 (1)   If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities. If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities.
(2)   Upfront payments paid (received) by Central Clearing Party are presented net of amortization.
(3)   Total unrealized appreciation on Credit Default Swaps on Indexes amounted to $524. Total unrealized depreciation on Credit Default Swaps on Indexes amounted to $2,814.
(4)   Central Clearinghouse: Intercontinental Exchange (ICE).
(5)   The Referenced Index is for the Centrally Cleared Credit Default Swaps on Indexes, which is comprised of a basket of high yield securities.

 

Forward Foreign Currency Exchange Contracts at September 30, 2022:

 

Forward
Foreign
Currency
Exchange
Contracts
  Transaction
Type
  Counterparty  Expiration
Date
  Foreign
Currency
  U.S. $
Cost on
Origination
Date
   U.S. $
Current
Value
 Unrealized
Appreciation
 
British pound  Buy  Morgan Stanley  12/8/2022  81,000  $86,679   $90,518           $3,839 
British pound  Sell  Bank of America  12/8/2022  59,000   66,816    65,933    883 
British pound  Sell  Morgan Stanley  12/8/2022  78,000   89,947    87,165    2,782 
Euro  Sell  Morgan Stanley  12/12/2022  94,000   94,981    92,594    2,387 
Indian rupee  Sell  Bank of America  11/18/2022  8,070,000   100,363    98,528    1,835 
Japanese yen  Sell  Morgan Stanley  11/15/2022  3,137,000   21,784    21,764    20 
Total Unrealized Appreciation on Forward Foreign Currency Exchange Contracts               $ 11,746 

 

46 See Notes to Schedule of Investments.
 

Schedule of Investments (unaudited)(continued)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

Forward
Foreign
Currency
Exchange
Contracts
  Transaction Type  Counterparty  Expiration
Date
  Foreign
Currency
  U.S. $
Cost on
Origination
Date
   U.S. $
Current
Value
 Unrealized
Depreciation
 
Australian dollar  Buy  Toronto Dominion Bank  11/25/2022  51,000  $35,327   $32,645        $(2,682)
Brazilian real  Buy  J.P. Morgan  12/9/2022  401,000   74,932    73,250    (1,682)
Canadian dollar  Buy  State Street Bank and Trust  10/20/2022  208,000   160,232    150,571    (9,661)
Chinese yuan  Buy  J.P. Morgan  10/21/2022  861,000   120,785    120,615    (170)
Chinese yuan  Buy  Toronto Dominion Bank  10/21/2022  882,000   130,357    123,557    (6,800)
Euro  Buy  Bank of America  12/12/2022  87,000   87,652    85,698    (1,954)
Indonesian rupiah  Buy  J.P. Morgan  11/18/2022  780,000,000   52,415    50,841    (1,574)
Japanese yen  Buy  Bank of America  11/15/2022  10,725,000   77,823    74,408    (3,415)
Japanese yen  Buy  Morgan Stanley  11/15/2022  134,000,000   1,012,916    929,660    (83,256)
Mexican peso  Buy  State Street Bank and Trust  12/21/2022  495,000   24,431    24,235    (196)
Norwegian krone  Buy  J.P. Morgan  12/15/2022  79,000   7,830    7,267    (563)
Swedish krona  Buy  Bank of America  10/21/2022  166,000   16,275    14,969    (1,306)
Swiss franc  Buy  Bank of America  10/21/2022  45,000   46,762    45,675    (1,087)
Total Unrealized Depreciation on Forward Foreign Currency Exchange Contracts               $(114,346)

 

Futures Contracts at September 30, 2022:

 

Type  Expiration  Contracts  Position  Notional
Amount
   Notional
Value
   Unrealized
Appreciation
 
Euro-Bobl  December 2022  3  Short  EUR (363,439)  EUR (359,250)         $ 4,106 
Euro-Schatz  December 2022  5  Short   (541,141)   (535,825)   5,209 
U.S. 10-Year Ultra Treasury Note  December 2022  4  Short  $(495,948)  $(473,938)   22,010 
U.S. 2-Year Treasury Note  December 2022  1  Short   (208,654)   (205,390)   3,264 
U.S. 5-Year Treasury Note  December 2022  6  Short   (664,370)   (645,047)     19,323 
Total Unrealized Appreciation on Futures Contracts               $ 53,912 

 

  See Notes to Schedule of Investments. 47
 

Schedule of Investments (unaudited)(concluded)

LORD ABBETT GLOBAL FUND, INC. – GLOBAL BOND FUND September 30, 2022

 

The following is a summary of the inputs used as of September 30, 2022 in valuing the Fund’s investments carried at fair value(1):

Investment Type(2)  Level 1   Level 2   Level 3   Total 
Long-Term Investments                    
Asset-Backed Securities  $   $676,444   $   $676,444 
Convertible Bonds       25,945        25,945 
Corporate Bonds       4,700,401        4,700,401 
Floating Rate Loans       216,965        216,965 
Less Unfunded Commitments       (2,536)       (2,536)
Foreign Government Obligations       1,605,955        1,605,955 
Government Sponsored Enterprises Pass-Throughs       630,442        630,442 
Municipal Bonds       60,457        60,457 
Non-Agency Commercial Mortgage-Backed Securities       362,447        362,447 
U.S. Treasury Obligations       676,192        676,192 
Short-Term Investments                    
Repurchase Agreements       799,160        799,160 
Total  $   $9,751,872   $   $9,751,872 
Other Financial Instruments                    
Centrally Cleared Credit Default Swap Contracts                    
Assets  $   $524   $   $524 
Liabilities       (2,814)       (2,814)
Forward Foreign Currency Exchange Contracts                    
Assets       11,746        11,746 
Liabilities       (114,346)       (114,346)
Futures Contracts                    
Assets   53,912            53,912 
Liabilities                
Total  $53,912   $(104,890)  $   $(50,978)

 

(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. When applicable each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

 

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the period in relation to the Fund’s net assets. Management has determined not to provide a reconciliation as the balance of Level 3 investments was not considered to be material to the Fund’s net assets at the beginning or end of the period.

 

48 See Notes to Schedule of Investments.
 

Notes to Schedule of Investments (unaudited)

 

1. ORGANIZATION  

 

Lord Abbett Global Fund, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “Act”), as an open-end management investment company and was incorporated under Maryland law on February 23, 1988. The Company consists of the following three funds (each, a “Fund” and collectively, the “Funds”): Lord Abbett Emerging Markets Corporate Debt Fund (“Emerging Markets Corporate Debt Fund”), Lord Abbett Emerging Markets Bond Fund and Lord Abbett Global Bond Fund (“Global Bond Fund”). Emerging Markets Corporate Debt Fund and Global Bond Fund are each diversified as defined in the Act and Emerging Markets Bond Fund is non-diversified as defined in the Act.

 

2. SIGNIFICANT ACCOUNTING POLICIES  

   
(a) Investment Valuation–Under procedures approved by the Fund’s Board of Directors (the “Board”), the Board has designated the determination of fair value of the Fund’s portfolio investments to Lord, Abbett & Co. LLC (“Lord Abbett”), as valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risk, establish, 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 Board has approved the use of an independent fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and 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 valuations and the independent pricing services’ own electronic data processing techniques. Floating rate loans are valued at the average of bid and ask quotations obtained from dealers in loans on the basis of prices supplied by independent pricing services. Forward foreign currency exchange contracts are valued using daily forward exchange rates. Swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available.

 

49

 

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, 2022 and, if applicable, Level 3 rollforwards for the period then ended is included in each Fund’s Schedule of Investments.

 

Changes in valuation techniques may result in transfers into or out of an assigned level within the three-tier hierarchy. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

50

 

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 returns. The statute of limitations on each Fund’s, state and local tax returns may remain open for an additional year depending upon the jurisdiction.

 

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, 2022 the Funds did not loan any securities.

 

51

 

 

QPHR-GLOBAL-3Q

(11/22)