Lord Abbett Global Bond Fund (LGBYX)
The investment seeks total return. The fund seeks to achieve its investment objective by investing across multiple sectors in developed and emerging markets located throughout the world. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds and other fixed income securities and derivative instruments intended to provide economic exposure to such securities.
Fund Info
US5439083479
Jul 30, 2018
$1,000,000
Expense Ratio
LGBYX features an expense ratio of 0.58%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Lord Abbett Global Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
LGBYX
N/A
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of LGBYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.86% | -0.64% | -1.25% | ||||||||||
| 2023 | 3.62% | -3.17% | 2.34% | 0.12% | -1.39% | 0.35% | 1.11% | -1.25% | -2.76% | -0.66% | 4.97% | 3.51% | 6.60% |
| 2022 | -1.92% | -1.97% | -2.43% | -5.34% | -0.09% | -4.74% | 2.56% | -2.77% | -4.89% | 0.02% | 5.12% | 0.25% | -15.53% |
| 2021 | -0.66% | -1.18% | -1.44% | 1.62% | 0.68% | -0.10% | 0.54% | 0.06% | -1.44% | -0.39% | -0.67% | 0.27% | -2.73% |
| 2020 | 0.97% | -0.60% | -8.03% | 2.58% | 2.00% | 1.75% | 4.27% | 0.73% | -0.64% | 0.34% | 3.21% | 1.97% | 8.31% |
| 2019 | 2.49% | -0.08% | 0.91% | 0.19% | 0.51% | 2.69% | -0.31% | 0.97% | -0.61% | 0.87% | -0.61% | 1.28% | 8.55% |
| 2018 | 0.04% | -0.12% | -1.40% | -0.49% | 0.86% | -1.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LGBYX is 17, meaning it’s performing worse than 83% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Lord Abbett Global Bond Fund (LGBYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Lord Abbett Global Bond Fund provided a 0.35% dividend yield over the last twelve months, with an annual payout of $0.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.34 | $0.26 | $0.49 | $0.32 | $0.40 | $0.15 |
Dividend yield | 0.35% | 4.11% | 3.27% | 5.02% | 3.05% | 3.94% | 1.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Lord Abbett Global Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.00 | $0.06 | |||||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.10 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 | $0.49 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 | $0.40 |
| 2018 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Lord Abbett Global Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Lord Abbett Global Bond Fund was 23.58%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.58% | Jan 6, 2021 | 459 | Oct 20, 2022 | — | — | — |
| -13.95% | Mar 9, 2020 | 9 | Mar 19, 2020 | 89 | Jul 27, 2020 | 98 |
| -2.69% | Aug 28, 2018 | 64 | Nov 27, 2018 | 28 | Jan 9, 2019 | 92 |
| -1.56% | Sep 18, 2020 | 6 | Sep 25, 2020 | 10 | Oct 9, 2020 | 16 |
| -1.18% | Nov 4, 2019 | 7 | Nov 12, 2019 | 20 | Dec 11, 2019 | 27 |
Volatility
Volatility Chart
The current Lord Abbett Global Bond Fund volatility is 0.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.