# EDGAR Filing Document

**Accession Number:** 0000829901
**File Stem:** 0000930413-26-000668
**Filing Date:** 2026-3
**Character Count:** 402236
**Document Hash:** 184ff6cad25e20c3c9c05c2e0f13ea42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000930413-26-000668.hdr.sgml**: 20260304

**ACCESSION NUMBER**: 0000930413-26-000668

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 40

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260304

**DATE AS OF CHANGE**: 20260304

**EFFECTIVENESS DATE**: 20260304

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LORD ABBETT GLOBAL FUND INC
- **CENTRAL INDEX KEY:** 0000829901

**ORGANIZATION NAME:**
- **EIN:** 133460109
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05476
- **FILM NUMBER:** 26720300

**BUSINESS ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 201-827-2000

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

## Series and Classes Contracts Data

### Lord Abbett Emerging Markets Bond Fund (Series ID: S000001454)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003870 | Class I      | LDMYX           |
| C000003871 | Class A      | LDMAX           |
| C000003873 | Class C      | LDMCX           |
| C000054919 | Class F      | LDMFX           |
| C000054921 | Class R3     | LDMRX           |
| C000158193 | Class R4     | LDMSX           |
| C000158194 | Class R5     | LDMTX           |
| C000158195 | Class R6     | LDMVX           |
| C000188264 | Class F3     | LODMX           |

### Lord Abbett Emerging Markets Corporate Debt Fund (Series ID: S000042725)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000132114 | Class A      | LCDAX           |
| C000132115 | Class C      | LEDCX           |
| C000132116 | Class F      | LCDFX           |
| C000132117 | Class I      | LCDIX           |
| C000132119 | Class R3     | LCDRX           |
| C000158199 | Class R4     | LCDSX           |
| C000158200 | Class R5     | LCDTX           |
| C000158201 | Class R6     | LCDVX           |
| C000188268 | Class F3     | LCDOX           |

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-CSR**

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES**

Investment Company Act File Number: 811-05476

**LORD ABBETT GLOBAL FUND, INC.**

(Exact name of Registrant as specified in charter)

<u>30 Hudson Street, Jersey City, New Jersey 07302-4804</u>

(Address of principal executive offices) (Zip code)

Randolph A. Stuzin, Esq.

Vice President and Assistant Secretary

<u>30 Hudson Street, Jersey City, New Jersey 07302-4804</u>

(Name and address of agent for service)

Registrant's telephone number, including area code: (888) 522-2388

Date of fiscal year end: 12/31

Date of reporting period: 12/31/2025

---

| | |
|:---|:---|
| **Item 1:** | **Report(s) to Shareholders.** |

---

![Image](i48870da658b7f75eec440d2d.jpg)

# Class A

# LDMAX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $109 | 1.02% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 13.92%, reflecting performance at the net asset value (NAV) of Class A shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i4e6558f406c1f2888016c7d2.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class A with load** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $9770 | $10000 | $10000 |
| **1/31/2016** | $9548 | $9982 | $10138 |
| **2/29/2016** | $9513 | $10172 | $10210 |
| **3/31/2016** | $10173 | $10504 | $10303 |
| **4/30/2016** | $10376 | $10690 | $10343 |
| **5/31/2016** | $10051 | $10671 | $10345 |
| **6/30/2016** | $10351 | $11031 | $10531 |
| **7/31/2016** | $10395 | $11230 | $10598 |
| **8/31/2016** | $10445 | $11431 | $10586 |
| **9/30/2016** | $10589 | $11477 | $10580 |
| **10/31/2016** | $10576 | $11334 | $10499 |
| **11/30/2016** | $10196 | $10870 | $10250 |
| **12/31/2016** | $10325 | $11015 | $10265 |
| **1/31/2017** | $10539 | $11174 | $10285 |
| **2/28/2017** | $10693 | $11398 | $10354 |
| **3/31/2017** | $10853 | $11441 | $10349 |
| **4/30/2017** | $10935 | $11611 | $10428 |
| **5/31/2017** | $11033 | $11714 | $10509 |
| **6/30/2017** | $11037 | $11697 | $10498 |
| **7/31/2017** | $11181 | $11795 | $10543 |
| **8/31/2017** | $11327 | $12004 | $10638 |
| **9/30/2017** | $11285 | $12006 | $10587 |
| **10/31/2017** | $11156 | $12050 | $10593 |
| **11/30/2017** | $11308 | $12056 | $10580 |
| **12/31/2017** | $11433 | $12145 | $10628 |
| **1/31/2018** | $11754 | $12140 | $10506 |
| **2/28/2018** | $11631 | $11898 | $10406 |
| **3/31/2018** | $11725 | $11933 | $10473 |
| **4/30/2018** | $11458 | $11759 | $10395 |
| **5/31/2018** | $11051 | $11649 | $10469 |
| **6/30/2018** | $10797 | $11510 | $10456 |
| **7/31/2018** | $10960 | $11804 | $10459 |
| **8/31/2018** | $10719 | $11600 | $10526 |
| **9/30/2018** | $10916 | $11775 | $10458 |
| **10/31/2018** | $10655 | $11521 | $10376 |
| **11/30/2018** | $10570 | $11473 | $10438 |
| **12/31/2018** | $10684 | $11627 | $10629 |
| **1/31/2019** | $11200 | $12140 | $10742 |
| **2/28/2019** | $11340 | $12261 | $10736 |
| **3/31/2019** | $11480 | $12436 | $10942 |
| **4/30/2019** | $11530 | $12466 | $10945 |
| **5/31/2019** | $11557 | $12517 | $11139 |
| **6/30/2019** | $11971 | $12943 | $11279 |
| **7/31/2019** | $12136 | $13100 | $11304 |
| **8/31/2019** | $12096 | $13198 | $11597 |
| **9/30/2019** | $12076 | $13137 | $11535 |
| **10/31/2019** | $12147 | $13174 | $11570 |
| **11/30/2019** | $12102 | $13112 | $11564 |
| **12/31/2019** | $12384 | $13376 | $11556 |
| **1/31/2020** | $12572 | $13579 | $11778 |
| **2/29/2020** | $12456 | $13448 | $11990 |
| **3/31/2020** | $10475 | $11586 | $11920 |
| **4/30/2020** | $10782 | $11846 | $12132 |
| **5/31/2020** | $11517 | $12565 | $12188 |
| **6/30/2020** | $11943 | $13006 | $12265 |
| **7/31/2020** | $12345 | $13489 | $12448 |
| **8/31/2020** | $12460 | $13559 | $12348 |
| **9/30/2020** | $12194 | $13308 | $12341 |
| **10/31/2020** | $12188 | $13304 | $12286 |
| **11/30/2020** | $12741 | $13817 | $12406 |
| **12/31/2020** | $13002 | $14079 | $12423 |
| **1/31/2021** | $12848 | $13926 | $12334 |
| **2/28/2021** | $12547 | $13571 | $12156 |
| **3/31/2021** | $12394 | $13440 | $12005 |
| **4/30/2021** | $12662 | $13738 | $12099 |
| **5/31/2021** | $12807 | $13883 | $12139 |
| **6/30/2021** | $12876 | $13985 | $12224 |
| **7/31/2021** | $12920 | $14044 | $12361 |
| **8/31/2021** | $13037 | $14181 | $12337 |
| **9/30/2021** | $12729 | $13887 | $12230 |
| **10/31/2021** | $12748 | $13891 | $12227 |
| **11/30/2021** | $12439 | $13635 | $12263 |
| **12/31/2021** | $12636 | $13826 | $12232 |
| **1/31/2022** | $12272 | $13433 | $11968 |
| **2/28/2022** | $11599 | $12553 | $11835 |
| **3/31/2022** | $11592 | $12441 | $11506 |
| **4/30/2022** | $10914 | $11745 | $11069 |
| **5/31/2022** | $10955 | $11748 | $11141 |
| **6/30/2022** | $10240 | $11018 | $10966 |
| **7/31/2022** | $10568 | $11337 | $11234 |
| **8/31/2022** | $10479 | $11230 | $10917 |
| **9/30/2022** | $9785 | $10515 | $10445 |
| **10/31/2022** | $9775 | $10531 | $10310 |
| **11/30/2022** | $10565 | $11330 | $10689 |
| **12/31/2022** | $10636 | $11367 | $10641 |
| **1/31/2023** | $10973 | $11728 | $10968 |
| **2/28/2023** | $10694 | $11469 | $10684 |
| **3/31/2023** | $10791 | $11579 | $10956 |
| **4/30/2023** | $10861 | $11641 | $11022 |
| **5/31/2023** | $10768 | $11574 | $10902 |
| **6/30/2023** | $10977 | $11832 | $10863 |
| **7/31/2023** | $11221 | $12058 | $10856 |
| **8/31/2023** | $11025 | $11877 | $10786 |
| **9/30/2023** | $10742 | $11568 | $10512 |
| **10/31/2023** | $10573 | $11411 | $10346 |
| **11/30/2023** | $11186 | $12058 | $10815 |
| **12/31/2023** | $11744 | $12628 | $11229 |
| **1/31/2024** | $11600 | $12499 | $11198 |
| **2/29/2024** | $11737 | $12621 | $11040 |
| **3/31/2024** | $11963 | $12885 | $11142 |
| **4/30/2024** | $11762 | $12618 | $10860 |
| **5/31/2024** | $11963 | $12845 | $11044 |
| **6/30/2024** | $11993 | $12924 | $11149 |
| **7/31/2024** | $12225 | $13166 | $11409 |
| **8/31/2024** | $12516 | $13471 | $11573 |
| **9/30/2024** | $12752 | $13720 | $11728 |
| **10/31/2024** | $12559 | $13484 | $11437 |
| **11/30/2024** | $12710 | $13644 | $11558 |
| **12/31/2024** | $12581 | $13454 | $11369 |
| **1/31/2025** | $12795 | $13647 | $11430 |
| **2/28/2025** | $12976 | $13861 | $11681 |
| **3/31/2025** | $12816 | $13755 | $11685 |
| **4/30/2025** | $12696 | $13725 | $11731 |
| **5/31/2025** | $12850 | $13878 | $11647 |
| **6/30/2025** | $13187 | $14213 | $11826 |
| **7/31/2025** | $13371 | $14393 | $11795 |
| **8/31/2025** | $13589 | $14627 | $11936 |
| **9/30/2025** | $13870 | $14888 | $12067 |
| **10/31/2025** | $14182 | $15205 | $12142 |
| **11/30/2025** | $14244 | $15268 | $12217 |
| **12/31/2025** | $14333 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class A at NAV | 13.92% | 1.97% | 3.91% |
| Class A with sales charge | 11.27% | 1.51% | 3.67% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class A

# LDMAX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8-A

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class C

# LDMCX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $176 | 1.65% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 13.18%, reflecting performance at the net asset value (NAV) of Class C shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](ia249ac5b1aff8c8710f50567.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class C with load** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9769 | $9982 | $10138 |
| **2/29/2016** | $9709 | $10172 | $10210 |
| **3/31/2016** | $10395 | $10504 | $10303 |
| **4/30/2016** | $10596 | $10690 | $10343 |
| **5/31/2016** | $10261 | $10671 | $10345 |
| **6/30/2016** | $10561 | $11031 | $10531 |
| **7/31/2016** | $10600 | $11230 | $10598 |
| **8/31/2016** | $10645 | $11431 | $10586 |
| **9/30/2016** | $10786 | $11477 | $10580 |
| **10/31/2016** | $10768 | $11334 | $10499 |
| **11/30/2016** | $10377 | $10870 | $10250 |
| **12/31/2016** | $10503 | $11015 | $10265 |
| **1/31/2017** | $10714 | $11174 | $10285 |
| **2/28/2017** | $10865 | $11398 | $10354 |
| **3/31/2017** | $11021 | $11441 | $10349 |
| **4/30/2017** | $11099 | $11611 | $10428 |
| **5/31/2017** | $11192 | $11714 | $10509 |
| **6/30/2017** | $11191 | $11697 | $10498 |
| **7/31/2017** | $11331 | $11795 | $10543 |
| **8/31/2017** | $11473 | $12004 | $10638 |
| **9/30/2017** | $11425 | $12006 | $10587 |
| **10/31/2017** | $11289 | $12050 | $10593 |
| **11/30/2017** | $11437 | $12056 | $10580 |
| **12/31/2017** | $11557 | $12145 | $10628 |
| **1/31/2018** | $11873 | $12140 | $10506 |
| **2/28/2018** | $11744 | $11898 | $10406 |
| **3/31/2018** | $11833 | $11933 | $10473 |
| **4/30/2018** | $11559 | $11759 | $10395 |
| **5/31/2018** | $11145 | $11649 | $10469 |
| **6/30/2018** | $10906 | $11510 | $10456 |
| **7/31/2018** | $11043 | $11804 | $10459 |
| **8/31/2018** | $10796 | $11600 | $10526 |
| **9/30/2018** | $10988 | $11775 | $10458 |
| **10/31/2018** | $10721 | $11521 | $10376 |
| **11/30/2018** | $10632 | $11473 | $10438 |
| **12/31/2018** | $10740 | $11627 | $10629 |
| **1/31/2019** | $11250 | $12140 | $10742 |
| **2/28/2019** | $11385 | $12261 | $10736 |
| **3/31/2019** | $11518 | $12436 | $10942 |
| **4/30/2019** | $11564 | $12466 | $10945 |
| **5/31/2019** | $11584 | $12517 | $11139 |
| **6/30/2019** | $12013 | $12943 | $11279 |
| **7/31/2019** | $12149 | $13100 | $11304 |
| **8/31/2019** | $12103 | $13198 | $11597 |
| **9/30/2019** | $12077 | $13137 | $11535 |
| **10/31/2019** | $12142 | $13174 | $11570 |
| **11/30/2019** | $12092 | $13112 | $11564 |
| **12/31/2019** | $12388 | $13376 | $11556 |
| **1/31/2020** | $12545 | $13579 | $11778 |
| **2/29/2020** | $12424 | $13448 | $11990 |
| **3/31/2020** | $10454 | $11586 | $11920 |
| **4/30/2020** | $10754 | $11846 | $12132 |
| **5/31/2020** | $11476 | $12565 | $12188 |
| **6/30/2020** | $11891 | $13006 | $12265 |
| **7/31/2020** | $12284 | $13489 | $12448 |
| **8/31/2020** | $12390 | $13559 | $12348 |
| **9/30/2020** | $12121 | $13308 | $12341 |
| **10/31/2020** | $12133 | $13304 | $12286 |
| **11/30/2020** | $12649 | $13817 | $12406 |
| **12/31/2020** | $12899 | $14079 | $12423 |
| **1/31/2021** | $12741 | $13926 | $12334 |
| **2/28/2021** | $12438 | $13571 | $12156 |
| **3/31/2021** | $12281 | $13440 | $12005 |
| **4/30/2021** | $12538 | $13738 | $12099 |
| **5/31/2021** | $12674 | $13883 | $12139 |
| **6/30/2021** | $12736 | $13985 | $12224 |
| **7/31/2021** | $12772 | $14044 | $12361 |
| **8/31/2021** | $12881 | $14181 | $12337 |
| **9/30/2021** | $12571 | $13887 | $12230 |
| **10/31/2021** | $12583 | $13891 | $12227 |
| **11/30/2021** | $12273 | $13635 | $12263 |
| **12/31/2021** | $12460 | $13826 | $12232 |
| **1/31/2022** | $12097 | $13433 | $11968 |
| **2/28/2022** | $11432 | $12553 | $11835 |
| **3/31/2022** | $11419 | $12441 | $11506 |
| **4/30/2022** | $10750 | $11745 | $11069 |
| **5/31/2022** | $10759 | $11748 | $11141 |
| **6/30/2022** | $10055 | $11018 | $10966 |
| **7/31/2022** | $10370 | $11337 | $11234 |
| **8/31/2022** | $10278 | $11230 | $10917 |
| **9/30/2022** | $9596 | $10515 | $10445 |
| **10/31/2022** | $9607 | $10531 | $10310 |
| **11/30/2022** | $10371 | $11330 | $10689 |
| **12/31/2022** | $10434 | $11367 | $10641 |
| **1/31/2023** | $10758 | $11728 | $10968 |
| **2/28/2023** | $10481 | $11469 | $10684 |
| **3/31/2023** | $10543 | $11579 | $10956 |
| **4/30/2023** | $10605 | $11641 | $11022 |
| **5/31/2023** | $10536 | $11574 | $10902 |
| **6/30/2023** | $10734 | $11832 | $10863 |
| **7/31/2023** | $10938 | $12058 | $10856 |
| **8/31/2023** | $10743 | $11877 | $10786 |
| **9/30/2023** | $10463 | $11568 | $10512 |
| **10/31/2023** | $10321 | $11411 | $10346 |
| **11/30/2023** | $10909 | $12058 | $10815 |
| **12/31/2023** | $11444 | $12628 | $11229 |
| **1/31/2024** | $11299 | $12499 | $11198 |
| **2/29/2024** | $11399 | $12621 | $11040 |
| **3/31/2024** | $11640 | $12885 | $11142 |
| **4/30/2024** | $11440 | $12618 | $10860 |
| **5/31/2024** | $11601 | $12845 | $11044 |
| **6/30/2024** | $11652 | $12924 | $11149 |
| **7/31/2024** | $11841 | $13166 | $11409 |
| **8/31/2024** | $12116 | $13471 | $11573 |
| **9/30/2024** | $12366 | $13720 | $11728 |
| **10/31/2024** | $12175 | $13484 | $11437 |
| **11/30/2024** | $12314 | $13644 | $11558 |
| **12/31/2024** | $12184 | $13454 | $11369 |
| **1/31/2025** | $12383 | $13647 | $11430 |
| **2/28/2025** | $12552 | $13861 | $11681 |
| **3/31/2025** | $12392 | $13755 | $11685 |
| **4/30/2025** | $12271 | $13725 | $11731 |
| **5/31/2025** | $12413 | $13878 | $11647 |
| **6/30/2025** | $12730 | $14213 | $11826 |
| **7/31/2025** | $12900 | $14393 | $11795 |
| **8/31/2025** | $13103 | $14627 | $11936 |
| **9/30/2025** | $13366 | $14888 | $12067 |
| **10/31/2025** | $13658 | $15205 | $12142 |
| **11/30/2025** | $13711 | $15268 | $12217 |
| **12/31/2025** | $13790 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class C at NAV | 13.18% | 1.34% | 3.27% |
| Class C with sales charge | 12.18% | 1.34% | 3.27% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class C

# LDMCX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-664-C

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class F

# LDMFX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class F | $87 | 0.81% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 14.13%, reflecting performance at the net asset value (NAV) of Class F shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i0d4194342b4f79904bedebfa.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class F** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9773 | $9982 | $10138 |
| **2/29/2016** | $9719 | $10172 | $10210 |
| **3/31/2016** | $10415 | $10504 | $10303 |
| **4/30/2016** | $10623 | $10690 | $10343 |
| **5/31/2016** | $10292 | $10671 | $10345 |
| **6/30/2016** | $10600 | $11031 | $10531 |
| **7/31/2016** | $10646 | $11230 | $10598 |
| **8/31/2016** | $10697 | $11431 | $10586 |
| **9/30/2016** | $10846 | $11477 | $10580 |
| **10/31/2016** | $10834 | $11334 | $10499 |
| **11/30/2016** | $10425 | $10870 | $10250 |
| **12/31/2016** | $10579 | $11015 | $10265 |
| **1/31/2017** | $10778 | $11174 | $10285 |
| **2/28/2017** | $10957 | $11398 | $10354 |
| **3/31/2017** | $11122 | $11441 | $10349 |
| **4/30/2017** | $11186 | $11611 | $10428 |
| **5/31/2017** | $11308 | $11714 | $10509 |
| **6/30/2017** | $11312 | $11697 | $10498 |
| **7/31/2017** | $11461 | $11795 | $10543 |
| **8/31/2017** | $11612 | $12004 | $10638 |
| **9/30/2017** | $11548 | $12006 | $10587 |
| **10/31/2017** | $11439 | $12050 | $10593 |
| **11/30/2017** | $11595 | $12056 | $10580 |
| **12/31/2017** | $11724 | $12145 | $10628 |
| **1/31/2018** | $12032 | $12140 | $10506 |
| **2/28/2018** | $11929 | $11898 | $10406 |
| **3/31/2018** | $12026 | $11933 | $10473 |
| **4/30/2018** | $11753 | $11759 | $10395 |
| **5/31/2018** | $11315 | $11649 | $10469 |
| **6/30/2018** | $11076 | $11510 | $10456 |
| **7/31/2018** | $11222 | $11804 | $10459 |
| **8/31/2018** | $10998 | $11600 | $10526 |
| **9/30/2018** | $11203 | $11775 | $10458 |
| **10/31/2018** | $10937 | $11521 | $10376 |
| **11/30/2018** | $10851 | $11473 | $10438 |
| **12/31/2018** | $10970 | $11627 | $10629 |
| **1/31/2019** | $11501 | $12140 | $10742 |
| **2/28/2019** | $11645 | $12261 | $10736 |
| **3/31/2019** | $11791 | $12436 | $10942 |
| **4/30/2019** | $11844 | $12466 | $10945 |
| **5/31/2019** | $11873 | $12517 | $11139 |
| **6/30/2019** | $12300 | $12943 | $11279 |
| **7/31/2019** | $12471 | $13100 | $11304 |
| **8/31/2019** | $12408 | $13198 | $11597 |
| **9/30/2019** | $12412 | $13137 | $11535 |
| **10/31/2019** | $12487 | $13174 | $11570 |
| **11/30/2019** | $12419 | $13112 | $11564 |
| **12/31/2019** | $12734 | $13376 | $11556 |
| **1/31/2020** | $12930 | $13579 | $11778 |
| **2/29/2020** | $12788 | $13448 | $11990 |
| **3/31/2020** | $10777 | $11586 | $11920 |
| **4/30/2020** | $11095 | $11846 | $12132 |
| **5/31/2020** | $11852 | $12565 | $12188 |
| **6/30/2020** | $12292 | $13006 | $12265 |
| **7/31/2020** | $12708 | $13489 | $12448 |
| **8/31/2020** | $12828 | $13559 | $12348 |
| **9/30/2020** | $12556 | $13308 | $12341 |
| **10/31/2020** | $12576 | $13304 | $12286 |
| **11/30/2020** | $13122 | $13817 | $12406 |
| **12/31/2020** | $13392 | $14079 | $12423 |
| **1/31/2021** | $13235 | $13926 | $12334 |
| **2/28/2021** | $12927 | $13571 | $12156 |
| **3/31/2021** | $12771 | $13440 | $12005 |
| **4/30/2021** | $13049 | $13738 | $12099 |
| **5/31/2021** | $13200 | $13883 | $12139 |
| **6/30/2021** | $13274 | $13985 | $12224 |
| **7/31/2021** | $13321 | $14044 | $12361 |
| **8/31/2021** | $13445 | $14181 | $12337 |
| **9/30/2021** | $13155 | $13887 | $12230 |
| **10/31/2021** | $13150 | $13891 | $12227 |
| **11/30/2021** | $12834 | $13635 | $12263 |
| **12/31/2021** | $13040 | $13826 | $12232 |
| **1/31/2022** | $12692 | $13433 | $11968 |
| **2/28/2022** | $12000 | $12553 | $11835 |
| **3/31/2022** | $11968 | $12441 | $11506 |
| **4/30/2022** | $11270 | $11745 | $11069 |
| **5/31/2022** | $11315 | $11748 | $11141 |
| **6/30/2022** | $10578 | $11018 | $10966 |
| **7/31/2022** | $10918 | $11337 | $11234 |
| **8/31/2022** | $10828 | $11230 | $10917 |
| **9/30/2022** | $10113 | $10515 | $10445 |
| **10/31/2022** | $10132 | $10531 | $10310 |
| **11/30/2022** | $10950 | $11330 | $10689 |
| **12/31/2022** | $11025 | $11367 | $10641 |
| **1/31/2023** | $11376 | $11728 | $10968 |
| **2/28/2023** | $11089 | $11469 | $10684 |
| **3/31/2023** | $11163 | $11579 | $10956 |
| **4/30/2023** | $11237 | $11641 | $11022 |
| **5/31/2023** | $11171 | $11574 | $10902 |
| **6/30/2023** | $11390 | $11832 | $10863 |
| **7/31/2023** | $11615 | $12058 | $10856 |
| **8/31/2023** | $11415 | $11877 | $10786 |
| **9/30/2023** | $11124 | $11568 | $10512 |
| **10/31/2023** | $10979 | $11411 | $10346 |
| **11/30/2023** | $11616 | $12058 | $10815 |
| **12/31/2023** | $12196 | $12628 | $11229 |
| **1/31/2024** | $12019 | $12499 | $11198 |
| **2/29/2024** | $12163 | $12621 | $11040 |
| **3/31/2024** | $12430 | $12885 | $11142 |
| **4/30/2024** | $12224 | $12618 | $10860 |
| **5/31/2024** | $12404 | $12845 | $11044 |
| **6/30/2024** | $12467 | $12924 | $11149 |
| **7/31/2024** | $12679 | $13166 | $11409 |
| **8/31/2024** | $12984 | $13471 | $11573 |
| **9/30/2024** | $13231 | $13720 | $11728 |
| **10/31/2024** | $13064 | $13484 | $11437 |
| **11/30/2024** | $13192 | $13644 | $11558 |
| **12/31/2024** | $13092 | $13454 | $11369 |
| **1/31/2025** | $13315 | $13647 | $11430 |
| **2/28/2025** | $13506 | $13861 | $11681 |
| **3/31/2025** | $13311 | $13755 | $11685 |
| **4/30/2025** | $13220 | $13725 | $11731 |
| **5/31/2025** | $13382 | $13878 | $11647 |
| **6/30/2025** | $13734 | $14213 | $11826 |
| **7/31/2025** | $13928 | $14393 | $11795 |
| **8/31/2025** | $14157 | $14627 | $11936 |
| **9/30/2025** | $14451 | $14888 | $12067 |
| **10/31/2025** | $14746 | $15205 | $12142 |
| **11/30/2025** | $14813 | $15268 | $12217 |
| **12/31/2025** | $14941 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class F at NAV | 14.13% | 2.21% | 4.10% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class F

# LDMFX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-1007-F

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class F3

# LODMX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class F3 | $87 | 0.81% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 14.16%, reflecting performance at the net asset value (NAV) of Class F3 shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i606d7dfa2381adc889d2089b.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class F3** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **4/4/2017** | $10000 | $10000 | $10000 |
| **4/30/2017** | $10073 | $10135 | $10051 |
| **5/31/2017** | $10165 | $10224 | $10128 |
| **6/30/2017** | $10170 | $10210 | $10118 |
| **7/31/2017** | $10305 | $10295 | $10162 |
| **8/31/2017** | $10441 | $10478 | $10253 |
| **9/30/2017** | $10404 | $10479 | $10204 |
| **10/31/2017** | $10287 | $10518 | $10210 |
| **11/30/2017** | $10428 | $10523 | $10197 |
| **12/31/2017** | $10545 | $10600 | $10244 |
| **1/31/2018** | $10843 | $10596 | $10126 |
| **2/28/2018** | $10731 | $10385 | $10030 |
| **3/31/2018** | $10820 | $10415 | $10094 |
| **4/30/2018** | $10574 | $10264 | $10019 |
| **5/31/2018** | $10200 | $10167 | $10091 |
| **6/30/2018** | $9986 | $10046 | $10078 |
| **7/31/2018** | $10119 | $10303 | $10080 |
| **8/31/2018** | $9918 | $10125 | $10145 |
| **9/30/2018** | $10103 | $10278 | $10080 |
| **10/31/2018** | $9862 | $10056 | $10000 |
| **11/30/2018** | $9765 | $10014 | $10060 |
| **12/31/2018** | $9893 | $10149 | $10245 |
| **1/31/2019** | $10351 | $10597 | $10354 |
| **2/28/2019** | $10482 | $10702 | $10348 |
| **3/31/2019** | $10635 | $10854 | $10546 |
| **4/30/2019** | $10663 | $10881 | $10549 |
| **5/31/2019** | $10689 | $10926 | $10736 |
| **6/30/2019** | $11095 | $11297 | $10871 |
| **7/31/2019** | $11229 | $11434 | $10895 |
| **8/31/2019** | $11193 | $11519 | $11177 |
| **9/30/2019** | $11177 | $11467 | $11118 |
| **10/31/2019** | $11266 | $11499 | $11151 |
| **11/30/2019** | $11205 | $11444 | $11146 |
| **12/31/2019** | $11490 | $11675 | $11138 |
| **1/31/2020** | $11645 | $11853 | $11352 |
| **2/29/2020** | $11539 | $11738 | $11557 |
| **3/31/2020** | $9724 | $10112 | $11489 |
| **4/30/2020** | $10011 | $10340 | $11693 |
| **5/31/2020** | $10673 | $10967 | $11747 |
| **6/30/2020** | $11070 | $11352 | $11821 |
| **7/31/2020** | $11446 | $11774 | $11998 |
| **8/31/2020** | $11555 | $11834 | $11901 |
| **9/30/2020** | $11310 | $11615 | $11894 |
| **10/31/2020** | $11328 | $11612 | $11841 |
| **11/30/2020** | $11822 | $12060 | $11958 |
| **12/31/2020** | $12066 | $12289 | $11974 |
| **1/31/2021** | $11924 | $12155 | $11888 |
| **2/28/2021** | $11646 | $11845 | $11716 |
| **3/31/2021** | $11506 | $11731 | $11570 |
| **4/30/2021** | $11757 | $11991 | $11662 |
| **5/31/2021** | $11894 | $12118 | $11700 |
| **6/30/2021** | $11960 | $12207 | $11782 |
| **7/31/2021** | $12002 | $12258 | $11914 |
| **8/31/2021** | $12114 | $12378 | $11891 |
| **9/30/2021** | $11829 | $12121 | $11788 |
| **10/31/2021** | $11848 | $12124 | $11785 |
| **11/30/2021** | $11562 | $11901 | $11820 |
| **12/31/2021** | $11748 | $12068 | $11789 |
| **1/31/2022** | $11435 | $11725 | $11535 |
| **2/28/2022** | $10810 | $10957 | $11407 |
| **3/31/2022** | $10781 | $10859 | $11090 |
| **4/30/2022** | $10151 | $10252 | $10669 |
| **5/31/2022** | $10191 | $10254 | $10738 |
| **6/30/2022** | $9526 | $9617 | $10569 |
| **7/31/2022** | $9833 | $9895 | $10828 |
| **8/31/2022** | $9752 | $9802 | $10522 |
| **9/30/2022** | $9106 | $9178 | $10067 |
| **10/31/2022** | $9123 | $9192 | $9937 |
| **11/30/2022** | $9862 | $9890 | $10302 |
| **12/31/2022** | $9929 | $9922 | $10256 |
| **1/31/2023** | $10247 | $10236 | $10571 |
| **2/28/2023** | $9987 | $10010 | $10298 |
| **3/31/2023** | $10054 | $10107 | $10559 |
| **4/30/2023** | $10121 | $10160 | $10623 |
| **5/31/2023** | $10061 | $10102 | $10508 |
| **6/30/2023** | $10259 | $10328 | $10470 |
| **7/31/2023** | $10462 | $10525 | $10463 |
| **8/31/2023** | $10281 | $10367 | $10396 |
| **9/30/2023** | $10018 | $10097 | $10132 |
| **10/31/2023** | $9888 | $9960 | $9972 |
| **11/30/2023** | $10436 | $10524 | $10424 |
| **12/31/2023** | $10986 | $11022 | $10823 |
| **1/31/2024** | $10827 | $10910 | $10793 |
| **2/29/2024** | $10957 | $11016 | $10640 |
| **3/31/2024** | $11198 | $11247 | $10739 |
| **4/30/2024** | $11011 | $11013 | $10467 |
| **5/31/2024** | $11174 | $11212 | $10645 |
| **6/30/2024** | $11231 | $11281 | $10746 |
| **7/31/2024** | $11423 | $11492 | $10997 |
| **8/31/2024** | $11698 | $11758 | $11155 |
| **9/30/2024** | $11920 | $11975 | $11304 |
| **10/31/2024** | $11770 | $11769 | $11024 |
| **11/30/2024** | $11886 | $11909 | $11140 |
| **12/31/2024** | $11795 | $11743 | $10958 |
| **1/31/2025** | $11997 | $11912 | $11016 |
| **2/28/2025** | $12169 | $12098 | $11258 |
| **3/31/2025** | $11992 | $12006 | $11263 |
| **4/30/2025** | $11911 | $11980 | $11307 |
| **5/31/2025** | $12057 | $12113 | $11226 |
| **6/30/2025** | $12375 | $12405 | $11399 |
| **7/31/2025** | $12550 | $12563 | $11368 |
| **8/31/2025** | $12757 | $12767 | $11504 |
| **9/30/2025** | $12994 | $12995 | $11630 |
| **10/31/2025** | $13289 | $13271 | $11703 |
| **11/30/2025** | $13350 | $13326 | $11775 |
| **12/31/2025** | $13465 | $13422 | $11758 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | Since Inception 4/4/17 |
| Class F3 at NAV | 14.16% | 2.22% | 3.46% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 3.42% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 1.87% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class F3

# LODMX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8955-F3

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class I

# LDMYX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $87 | 0.81% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 14.15%, reflecting performance at the net asset value (NAV) of Class I shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i0ae6f32da02ce4696d75e80f.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class I** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9774 | $9982 | $10138 |
| **2/29/2016** | $9720 | $10172 | $10210 |
| **3/31/2016** | $10418 | $10504 | $10303 |
| **4/30/2016** | $10628 | $10690 | $10343 |
| **5/31/2016** | $10297 | $10671 | $10345 |
| **6/30/2016** | $10606 | $11031 | $10531 |
| **7/31/2016** | $10653 | $11230 | $10598 |
| **8/31/2016** | $10706 | $11431 | $10586 |
| **9/30/2016** | $10856 | $11477 | $10580 |
| **10/31/2016** | $10844 | $11334 | $10499 |
| **11/30/2016** | $10455 | $10870 | $10250 |
| **12/31/2016** | $10590 | $11015 | $10265 |
| **1/31/2017** | $10790 | $11174 | $10285 |
| **2/28/2017** | $10971 | $11398 | $10354 |
| **3/31/2017** | $11137 | $11441 | $10349 |
| **4/30/2017** | $11224 | $11611 | $10428 |
| **5/31/2017** | $11326 | $11714 | $10509 |
| **6/30/2017** | $11332 | $11697 | $10498 |
| **7/31/2017** | $11482 | $11795 | $10543 |
| **8/31/2017** | $11635 | $12004 | $10638 |
| **9/30/2017** | $11593 | $12006 | $10587 |
| **10/31/2017** | $11462 | $12050 | $10593 |
| **11/30/2017** | $11620 | $12056 | $10580 |
| **12/31/2017** | $11751 | $12145 | $10628 |
| **1/31/2018** | $12083 | $12140 | $10506 |
| **2/28/2018** | $11958 | $11898 | $10406 |
| **3/31/2018** | $12058 | $11933 | $10473 |
| **4/30/2018** | $11783 | $11759 | $10395 |
| **5/31/2018** | $11367 | $11649 | $10469 |
| **6/30/2018** | $11128 | $11510 | $10456 |
| **7/31/2018** | $11276 | $11804 | $10459 |
| **8/31/2018** | $11052 | $11600 | $10526 |
| **9/30/2018** | $11257 | $11775 | $10458 |
| **10/31/2018** | $10989 | $11521 | $10376 |
| **11/30/2018** | $10881 | $11473 | $10438 |
| **12/31/2018** | $11023 | $11627 | $10629 |
| **1/31/2019** | $11534 | $12140 | $10742 |
| **2/28/2019** | $11680 | $12261 | $10736 |
| **3/31/2019** | $11850 | $12436 | $10942 |
| **4/30/2019** | $11881 | $12466 | $10945 |
| **5/31/2019** | $11910 | $12517 | $11139 |
| **6/30/2019** | $12363 | $12943 | $11279 |
| **7/31/2019** | $12512 | $13100 | $11304 |
| **8/31/2019** | $12472 | $13198 | $11597 |
| **9/30/2019** | $12453 | $13137 | $11535 |
| **10/31/2019** | $12529 | $13174 | $11570 |
| **11/30/2019** | $12485 | $13112 | $11564 |
| **12/31/2019** | $12778 | $13376 | $11556 |
| **1/31/2020** | $12975 | $13579 | $11778 |
| **2/29/2020** | $12856 | $13448 | $11990 |
| **3/31/2020** | $10834 | $11586 | $11920 |
| **4/30/2020** | $11154 | $11846 | $12132 |
| **5/31/2020** | $11891 | $12565 | $12188 |
| **6/30/2020** | $12333 | $13006 | $12265 |
| **7/31/2020** | $12752 | $13489 | $12448 |
| **8/31/2020** | $12873 | $13559 | $12348 |
| **9/30/2020** | $12600 | $13308 | $12341 |
| **10/31/2020** | $12620 | $13304 | $12286 |
| **11/30/2020** | $13170 | $13817 | $12406 |
| **12/31/2020** | $13442 | $14079 | $12423 |
| **1/31/2021** | $13284 | $13926 | $12334 |
| **2/28/2021** | $12975 | $13571 | $12156 |
| **3/31/2021** | $12818 | $13440 | $12005 |
| **4/30/2021** | $13098 | $13738 | $12099 |
| **5/31/2021** | $13250 | $13883 | $12139 |
| **6/30/2021** | $13324 | $13985 | $12224 |
| **7/31/2021** | $13372 | $14044 | $12361 |
| **8/31/2021** | $13496 | $14181 | $12337 |
| **9/30/2021** | $13178 | $13887 | $12230 |
| **10/31/2021** | $13200 | $13891 | $12227 |
| **11/30/2021** | $12881 | $13635 | $12263 |
| **12/31/2021** | $13089 | $13826 | $12232 |
| **1/31/2022** | $12739 | $13433 | $11968 |
| **2/28/2022** | $12043 | $12553 | $11835 |
| **3/31/2022** | $12011 | $12441 | $11506 |
| **4/30/2022** | $11309 | $11745 | $11069 |
| **5/31/2022** | $11353 | $11748 | $11141 |
| **6/30/2022** | $10612 | $11018 | $10966 |
| **7/31/2022** | $10954 | $11337 | $11234 |
| **8/31/2022** | $10864 | $11230 | $10917 |
| **9/30/2022** | $10144 | $10515 | $10445 |
| **10/31/2022** | $10163 | $10531 | $10310 |
| **11/30/2022** | $10986 | $11330 | $10689 |
| **12/31/2022** | $11061 | $11367 | $10641 |
| **1/31/2023** | $11414 | $11728 | $10968 |
| **2/28/2023** | $11125 | $11469 | $10684 |
| **3/31/2023** | $11200 | $11579 | $10956 |
| **4/30/2023** | $11274 | $11641 | $11022 |
| **5/31/2023** | $11207 | $11574 | $10902 |
| **6/30/2023** | $11427 | $11832 | $10863 |
| **7/31/2023** | $11654 | $12058 | $10856 |
| **8/31/2023** | $11452 | $11877 | $10786 |
| **9/30/2023** | $11159 | $11568 | $10512 |
| **10/31/2023** | $11014 | $11411 | $10346 |
| **11/30/2023** | $11654 | $12058 | $10815 |
| **12/31/2023** | $12237 | $12628 | $11229 |
| **1/31/2024** | $12060 | $12499 | $11198 |
| **2/29/2024** | $12204 | $12621 | $11040 |
| **3/31/2024** | $12472 | $12885 | $11142 |
| **4/30/2024** | $12265 | $12618 | $10860 |
| **5/31/2024** | $12446 | $12845 | $11044 |
| **6/30/2024** | $12509 | $12924 | $11149 |
| **7/31/2024** | $12723 | $13166 | $11409 |
| **8/31/2024** | $13029 | $13471 | $11573 |
| **9/30/2024** | $13277 | $13720 | $11728 |
| **10/31/2024** | $13109 | $13484 | $11437 |
| **11/30/2024** | $13238 | $13644 | $11558 |
| **12/31/2024** | $13136 | $13454 | $11369 |
| **1/31/2025** | $13361 | $13647 | $11430 |
| **2/28/2025** | $13553 | $13861 | $11681 |
| **3/31/2025** | $13356 | $13755 | $11685 |
| **4/30/2025** | $13265 | $13725 | $11731 |
| **5/31/2025** | $13427 | $13878 | $11647 |
| **6/30/2025** | $13781 | $14213 | $11826 |
| **7/31/2025** | $13976 | $14393 | $11795 |
| **8/31/2025** | $14207 | $14627 | $11936 |
| **9/30/2025** | $14470 | $14888 | $12067 |
| **10/31/2025** | $14799 | $15205 | $12142 |
| **11/30/2025** | $14866 | $15268 | $12217 |
| **12/31/2025** | $14995 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class I at NAV | 14.15% | 2.21% | 4.13% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class I

# LDMYX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-1424-I

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R3

# LDMRX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R3 | $140 | 1.31% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 13.33%, reflecting performance at the net asset value (NAV) of Class R3 shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](ic78576877f0f4661dc9e1d9e.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R3** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9770 | $9982 | $10138 |
| **2/29/2016** | $9712 | $10172 | $10210 |
| **3/31/2016** | $10406 | $10504 | $10303 |
| **4/30/2016** | $10611 | $10690 | $10343 |
| **5/31/2016** | $10276 | $10671 | $10345 |
| **6/30/2016** | $10581 | $11031 | $10531 |
| **7/31/2016** | $10623 | $11230 | $10598 |
| **8/31/2016** | $10671 | $11431 | $10586 |
| **9/30/2016** | $10817 | $11477 | $10580 |
| **10/31/2016** | $10800 | $11334 | $10499 |
| **11/30/2016** | $10408 | $10870 | $10250 |
| **12/31/2016** | $10538 | $11015 | $10265 |
| **1/31/2017** | $10733 | $11174 | $10285 |
| **2/28/2017** | $10909 | $11398 | $10354 |
| **3/31/2017** | $11070 | $11441 | $10349 |
| **4/30/2017** | $11131 | $11611 | $10428 |
| **5/31/2017** | $11249 | $11714 | $10509 |
| **6/30/2017** | $11250 | $11697 | $10498 |
| **7/31/2017** | $11394 | $11795 | $10543 |
| **8/31/2017** | $11541 | $12004 | $10638 |
| **9/30/2017** | $11474 | $12006 | $10587 |
| **10/31/2017** | $11360 | $12050 | $10593 |
| **11/30/2017** | $11512 | $12056 | $10580 |
| **12/31/2017** | $11637 | $12145 | $10628 |
| **1/31/2018** | $11939 | $12140 | $10506 |
| **2/28/2018** | $11833 | $11898 | $10406 |
| **3/31/2018** | $11926 | $11933 | $10473 |
| **4/30/2018** | $11650 | $11759 | $10395 |
| **5/31/2018** | $11233 | $11649 | $10469 |
| **6/30/2018** | $10971 | $11510 | $10456 |
| **7/31/2018** | $11134 | $11804 | $10459 |
| **8/31/2018** | $10886 | $11600 | $10526 |
| **9/30/2018** | $11084 | $11775 | $10458 |
| **10/31/2018** | $10815 | $11521 | $10376 |
| **11/30/2018** | $10726 | $11473 | $10438 |
| **12/31/2018** | $10839 | $11627 | $10629 |
| **1/31/2019** | $11361 | $12140 | $10742 |
| **2/28/2019** | $11500 | $12261 | $10736 |
| **3/31/2019** | $11639 | $12436 | $10942 |
| **4/30/2019** | $11688 | $12466 | $10945 |
| **5/31/2019** | $11712 | $12517 | $11139 |
| **6/30/2019** | $12129 | $12943 | $11279 |
| **7/31/2019** | $12294 | $13100 | $11304 |
| **8/31/2019** | $12249 | $13198 | $11597 |
| **9/30/2019** | $12226 | $13137 | $11535 |
| **10/31/2019** | $12295 | $13174 | $11570 |
| **11/30/2019** | $12247 | $13112 | $11564 |
| **12/31/2019** | $12529 | $13376 | $11556 |
| **1/31/2020** | $12717 | $13579 | $11778 |
| **2/29/2020** | $12596 | $13448 | $11990 |
| **3/31/2020** | $10610 | $11586 | $11920 |
| **4/30/2020** | $10919 | $11846 | $12132 |
| **5/31/2020** | $11635 | $12565 | $12188 |
| **6/30/2020** | $12063 | $13006 | $12265 |
| **7/31/2020** | $12468 | $13489 | $12448 |
| **8/31/2020** | $12581 | $13559 | $12348 |
| **9/30/2020** | $12308 | $13308 | $12341 |
| **10/31/2020** | $12324 | $13304 | $12286 |
| **11/30/2020** | $12855 | $13817 | $12406 |
| **12/31/2020** | $13115 | $14079 | $12423 |
| **1/31/2021** | $12956 | $13926 | $12334 |
| **2/28/2021** | $12649 | $13571 | $12156 |
| **3/31/2021** | $12491 | $13440 | $12005 |
| **4/30/2021** | $12758 | $13738 | $12099 |
| **5/31/2021** | $12902 | $13883 | $12139 |
| **6/30/2021** | $12968 | $13985 | $12224 |
| **7/31/2021** | $13009 | $14044 | $12361 |
| **8/31/2021** | $13125 | $14181 | $12337 |
| **9/30/2021** | $12810 | $13887 | $12230 |
| **10/31/2021** | $12826 | $13891 | $12227 |
| **11/30/2021** | $12511 | $13635 | $12263 |
| **12/31/2021** | $12707 | $13826 | $12232 |
| **1/31/2022** | $12362 | $13433 | $11968 |
| **2/28/2022** | $11682 | $12553 | $11835 |
| **3/31/2022** | $11646 | $12441 | $11506 |
| **4/30/2022** | $10960 | $11745 | $11069 |
| **5/31/2022** | $10999 | $11748 | $11141 |
| **6/30/2022** | $10276 | $11018 | $10966 |
| **7/31/2022** | $10604 | $11337 | $11234 |
| **8/31/2022** | $10511 | $11230 | $10917 |
| **9/30/2022** | $9811 | $10515 | $10445 |
| **10/31/2022** | $9825 | $10531 | $10310 |
| **11/30/2022** | $10616 | $11330 | $10689 |
| **12/31/2022** | $10684 | $11367 | $10641 |
| **1/31/2023** | $11021 | $11728 | $10968 |
| **2/28/2023** | $10738 | $11469 | $10684 |
| **3/31/2023** | $10805 | $11579 | $10956 |
| **4/30/2023** | $10872 | $11641 | $11022 |
| **5/31/2023** | $10803 | $11574 | $10902 |
| **6/30/2023** | $11011 | $11832 | $10863 |
| **7/31/2023** | $11225 | $12058 | $10856 |
| **8/31/2023** | $11026 | $11877 | $10786 |
| **9/30/2023** | $10739 | $11568 | $10512 |
| **10/31/2023** | $10595 | $11411 | $10346 |
| **11/30/2023** | $11178 | $12058 | $10815 |
| **12/31/2023** | $11762 | $12628 | $11229 |
| **1/31/2024** | $11587 | $12499 | $11198 |
| **2/29/2024** | $11721 | $12621 | $11040 |
| **3/31/2024** | $11973 | $12885 | $11142 |
| **4/30/2024** | $11769 | $12618 | $10860 |
| **5/31/2024** | $11938 | $12845 | $11044 |
| **6/30/2024** | $11994 | $12924 | $11149 |
| **7/31/2024** | $12193 | $13166 | $11409 |
| **8/31/2024** | $12481 | $13471 | $11573 |
| **9/30/2024** | $12714 | $13720 | $11728 |
| **10/31/2024** | $12548 | $13484 | $11437 |
| **11/30/2024** | $12666 | $13644 | $11558 |
| **12/31/2024** | $12564 | $13454 | $11369 |
| **1/31/2025** | $12773 | $13647 | $11430 |
| **2/28/2025** | $12951 | $13861 | $11681 |
| **3/31/2025** | $12758 | $13755 | $11685 |
| **4/30/2025** | $12666 | $13725 | $11731 |
| **5/31/2025** | $12815 | $13878 | $11647 |
| **6/30/2025** | $13148 | $14213 | $11826 |
| **7/31/2025** | $13329 | $14393 | $11795 |
| **8/31/2025** | $13543 | $14627 | $11936 |
| **9/30/2025** | $13788 | $14888 | $12067 |
| **10/31/2025** | $14095 | $15205 | $12142 |
| **11/30/2025** | $14153 | $15268 | $12217 |
| **12/31/2025** | $14238 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R3 at NAV | 13.33% | 1.66% | 3.60% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R3

# LDMRX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-2051-R3

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R4

# LDMSX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R4 | $114 | 1.07% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 13.87%, reflecting performance at the net asset value (NAV) of Class R4 shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i97ca65c5678ecb18c695c2f7.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R4** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9773 | $9982 | $10138 |
| **2/29/2016** | $9717 | $10172 | $10210 |
| **3/31/2016** | $10412 | $10504 | $10303 |
| **4/30/2016** | $10619 | $10690 | $10343 |
| **5/31/2016** | $10287 | $10671 | $10345 |
| **6/30/2016** | $10594 | $11031 | $10531 |
| **7/31/2016** | $10638 | $11230 | $10598 |
| **8/31/2016** | $10689 | $11431 | $10586 |
| **9/30/2016** | $10837 | $11477 | $10580 |
| **10/31/2016** | $10824 | $11334 | $10499 |
| **11/30/2016** | $10434 | $10870 | $10250 |
| **12/31/2016** | $10567 | $11015 | $10265 |
| **1/31/2017** | $10764 | $11174 | $10285 |
| **2/28/2017** | $10942 | $11398 | $10354 |
| **3/31/2017** | $11105 | $11441 | $10349 |
| **4/30/2017** | $11189 | $11611 | $10428 |
| **5/31/2017** | $11288 | $11714 | $10509 |
| **6/30/2017** | $11291 | $11697 | $10498 |
| **7/31/2017** | $11439 | $11795 | $10543 |
| **8/31/2017** | $11588 | $12004 | $10638 |
| **9/30/2017** | $11545 | $12006 | $10587 |
| **10/31/2017** | $11412 | $12050 | $10593 |
| **11/30/2017** | $11567 | $12056 | $10580 |
| **12/31/2017** | $11694 | $12145 | $10628 |
| **1/31/2018** | $12021 | $12140 | $10506 |
| **2/28/2018** | $11895 | $11898 | $10406 |
| **3/31/2018** | $11991 | $11933 | $10473 |
| **4/30/2018** | $11717 | $11759 | $10395 |
| **5/31/2018** | $11279 | $11649 | $10469 |
| **6/30/2018** | $11040 | $11510 | $10456 |
| **7/31/2018** | $11207 | $11804 | $10459 |
| **8/31/2018** | $10960 | $11600 | $10526 |
| **9/30/2018** | $11161 | $11775 | $10458 |
| **10/31/2018** | $10893 | $11521 | $10376 |
| **11/30/2018** | $10806 | $11473 | $10438 |
| **12/31/2018** | $10922 | $11627 | $10629 |
| **1/31/2019** | $11449 | $12140 | $10742 |
| **2/28/2019** | $11591 | $12261 | $10736 |
| **3/31/2019** | $11734 | $12436 | $10942 |
| **4/30/2019** | $11785 | $12466 | $10945 |
| **5/31/2019** | $11812 | $12517 | $11139 |
| **6/30/2019** | $12235 | $12943 | $11279 |
| **7/31/2019** | $12403 | $13100 | $11304 |
| **8/31/2019** | $12338 | $13198 | $11597 |
| **9/30/2019** | $12340 | $13137 | $11535 |
| **10/31/2019** | $12413 | $13174 | $11570 |
| **11/30/2019** | $12343 | $13112 | $11564 |
| **12/31/2019** | $12654 | $13376 | $11556 |
| **1/31/2020** | $12846 | $13579 | $11778 |
| **2/29/2020** | $12703 | $13448 | $11990 |
| **3/31/2020** | $10702 | $11586 | $11920 |
| **4/30/2020** | $11016 | $11846 | $12132 |
| **5/31/2020** | $11742 | $12565 | $12188 |
| **6/30/2020** | $12176 | $13006 | $12265 |
| **7/31/2020** | $12611 | $13489 | $12448 |
| **8/31/2020** | $12728 | $13559 | $12348 |
| **9/30/2020** | $12431 | $13308 | $12341 |
| **10/31/2020** | $12449 | $13304 | $12286 |
| **11/30/2020** | $13013 | $13817 | $12406 |
| **12/31/2020** | $13254 | $14079 | $12423 |
| **1/31/2021** | $13121 | $13926 | $12334 |
| **2/28/2021** | $12788 | $13571 | $12156 |
| **3/31/2021** | $12631 | $13440 | $12005 |
| **4/30/2021** | $12929 | $13738 | $12099 |
| **5/31/2021** | $13051 | $13883 | $12139 |
| **6/30/2021** | $13122 | $13985 | $12224 |
| **7/31/2021** | $13166 | $14044 | $12361 |
| **8/31/2021** | $13285 | $14181 | $12337 |
| **9/30/2021** | $12995 | $13887 | $12230 |
| **10/31/2021** | $12988 | $13891 | $12227 |
| **11/30/2021** | $12672 | $13635 | $12263 |
| **12/31/2021** | $12873 | $13826 | $12232 |
| **1/31/2022** | $12527 | $13433 | $11968 |
| **2/28/2022** | $11839 | $12553 | $11835 |
| **3/31/2022** | $11806 | $12441 | $11506 |
| **4/30/2022** | $11113 | $11745 | $11069 |
| **5/31/2022** | $11154 | $11748 | $11141 |
| **6/30/2022** | $10424 | $11018 | $10966 |
| **7/31/2022** | $10758 | $11337 | $11234 |
| **8/31/2022** | $10667 | $11230 | $10917 |
| **9/30/2022** | $9958 | $10515 | $10445 |
| **10/31/2022** | $9975 | $10531 | $10310 |
| **11/30/2022** | $10780 | $11330 | $10689 |
| **12/31/2022** | $10851 | $11367 | $10641 |
| **1/31/2023** | $11195 | $11728 | $10968 |
| **2/28/2023** | $10910 | $11469 | $10684 |
| **3/31/2023** | $10980 | $11579 | $10956 |
| **4/30/2023** | $11051 | $11641 | $11022 |
| **5/31/2023** | $10983 | $11574 | $10902 |
| **6/30/2023** | $11196 | $11832 | $10863 |
| **7/31/2023** | $11416 | $12058 | $10856 |
| **8/31/2023** | $11216 | $11877 | $10786 |
| **9/30/2023** | $10927 | $11568 | $10512 |
| **10/31/2023** | $10783 | $11411 | $10346 |
| **11/30/2023** | $11407 | $12058 | $10815 |
| **12/31/2023** | $11975 | $12628 | $11229 |
| **1/31/2024** | $11799 | $12499 | $11198 |
| **2/29/2024** | $11938 | $12621 | $11040 |
| **3/31/2024** | $12198 | $12885 | $11142 |
| **4/30/2024** | $11992 | $12618 | $10860 |
| **5/31/2024** | $12167 | $12845 | $11044 |
| **6/30/2024** | $12226 | $12924 | $11149 |
| **7/31/2024** | $12432 | $13166 | $11409 |
| **8/31/2024** | $12729 | $13471 | $11573 |
| **9/30/2024** | $12968 | $13720 | $11728 |
| **10/31/2024** | $12802 | $13484 | $11437 |
| **11/30/2024** | $12925 | $13644 | $11558 |
| **12/31/2024** | $12823 | $13454 | $11369 |
| **1/31/2025** | $13040 | $13647 | $11430 |
| **2/28/2025** | $13224 | $13861 | $11681 |
| **3/31/2025** | $13030 | $13755 | $11685 |
| **4/30/2025** | $12938 | $13725 | $11731 |
| **5/31/2025** | $13094 | $13878 | $11647 |
| **6/30/2025** | $13437 | $14213 | $11826 |
| **7/31/2025** | $13624 | $14393 | $11795 |
| **8/31/2025** | $13846 | $14627 | $11936 |
| **9/30/2025** | $14131 | $14888 | $12067 |
| **10/31/2025** | $14417 | $15205 | $12142 |
| **11/30/2025** | $14479 | $15268 | $12217 |
| **12/31/2025** | $14601 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R4 at NAV | 13.87% | 1.96% | 3.86% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R4

# LDMSX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8703-R4

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R5

# LDMTX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R5 | $88 | 0.82% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 14.15%, reflecting performance at the net asset value (NAV) of Class R5 shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i3e966ac4138aeef190a1d6a7.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R5** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9774 | $9982 | $10138 |
| **2/29/2016** | $9740 | $10172 | $10210 |
| **3/31/2016** | $10419 | $10504 | $10303 |
| **4/30/2016** | $10628 | $10690 | $10343 |
| **5/31/2016** | $10297 | $10671 | $10345 |
| **6/30/2016** | $10608 | $11031 | $10531 |
| **7/31/2016** | $10655 | $11230 | $10598 |
| **8/31/2016** | $10708 | $11431 | $10586 |
| **9/30/2016** | $10859 | $11477 | $10580 |
| **10/31/2016** | $10847 | $11334 | $10499 |
| **11/30/2016** | $10459 | $10870 | $10250 |
| **12/31/2016** | $10594 | $11015 | $10265 |
| **1/31/2017** | $10795 | $11174 | $10285 |
| **2/28/2017** | $10975 | $11398 | $10354 |
| **3/31/2017** | $11142 | $11441 | $10349 |
| **4/30/2017** | $11229 | $11611 | $10428 |
| **5/31/2017** | $11331 | $11714 | $10509 |
| **6/30/2017** | $11337 | $11697 | $10498 |
| **7/31/2017** | $11487 | $11795 | $10543 |
| **8/31/2017** | $11640 | $12004 | $10638 |
| **9/30/2017** | $11598 | $12006 | $10587 |
| **10/31/2017** | $11468 | $12050 | $10593 |
| **11/30/2017** | $11626 | $12056 | $10580 |
| **12/31/2017** | $11756 | $12145 | $10628 |
| **1/31/2018** | $12089 | $12140 | $10506 |
| **2/28/2018** | $11964 | $11898 | $10406 |
| **3/31/2018** | $12064 | $11933 | $10473 |
| **4/30/2018** | $11790 | $11759 | $10395 |
| **5/31/2018** | $11373 | $11649 | $10469 |
| **6/30/2018** | $11135 | $11510 | $10456 |
| **7/31/2018** | $11283 | $11804 | $10459 |
| **8/31/2018** | $11059 | $11600 | $10526 |
| **9/30/2018** | $11264 | $11775 | $10458 |
| **10/31/2018** | $10996 | $11521 | $10376 |
| **11/30/2018** | $10888 | $11473 | $10438 |
| **12/31/2018** | $11030 | $11627 | $10629 |
| **1/31/2019** | $11542 | $12140 | $10742 |
| **2/28/2019** | $11688 | $12261 | $10736 |
| **3/31/2019** | $11834 | $12436 | $10942 |
| **4/30/2019** | $11889 | $12466 | $10945 |
| **5/31/2019** | $11918 | $12517 | $11139 |
| **6/30/2019** | $12347 | $12943 | $11279 |
| **7/31/2019** | $12520 | $13100 | $11304 |
| **8/31/2019** | $12480 | $13198 | $11597 |
| **9/30/2019** | $12462 | $13137 | $11535 |
| **10/31/2019** | $12538 | $13174 | $11570 |
| **11/30/2019** | $12494 | $13112 | $11564 |
| **12/31/2019** | $12787 | $13376 | $11556 |
| **1/31/2020** | $12984 | $13579 | $11778 |
| **2/29/2020** | $12865 | $13448 | $11990 |
| **3/31/2020** | $10842 | $11586 | $11920 |
| **4/30/2020** | $11162 | $11846 | $12132 |
| **5/31/2020** | $11899 | $12565 | $12188 |
| **6/30/2020** | $12342 | $13006 | $12265 |
| **7/31/2020** | $12761 | $13489 | $12448 |
| **8/31/2020** | $12883 | $13559 | $12348 |
| **9/30/2020** | $12610 | $13308 | $12341 |
| **10/31/2020** | $12631 | $13304 | $12286 |
| **11/30/2020** | $13181 | $13817 | $12406 |
| **12/31/2020** | $13454 | $14079 | $12423 |
| **1/31/2021** | $13296 | $13926 | $12334 |
| **2/28/2021** | $12987 | $13571 | $12156 |
| **3/31/2021** | $12830 | $13440 | $12005 |
| **4/30/2021** | $13111 | $13738 | $12099 |
| **5/31/2021** | $13264 | $13883 | $12139 |
| **6/30/2021** | $13338 | $13985 | $12224 |
| **7/31/2021** | $13386 | $14044 | $12361 |
| **8/31/2021** | $13511 | $14181 | $12337 |
| **9/30/2021** | $13193 | $13887 | $12230 |
| **10/31/2021** | $13215 | $13891 | $12227 |
| **11/30/2021** | $12897 | $13635 | $12263 |
| **12/31/2021** | $13104 | $13826 | $12232 |
| **1/31/2022** | $12755 | $13433 | $11968 |
| **2/28/2022** | $12058 | $12553 | $11835 |
| **3/31/2022** | $12027 | $12441 | $11506 |
| **4/30/2022** | $11324 | $11745 | $11069 |
| **5/31/2022** | $11368 | $11748 | $11141 |
| **6/30/2022** | $10626 | $11018 | $10966 |
| **7/31/2022** | $10969 | $11337 | $11234 |
| **8/31/2022** | $10878 | $11230 | $10917 |
| **9/30/2022** | $10158 | $10515 | $10445 |
| **10/31/2022** | $10177 | $10531 | $10310 |
| **11/30/2022** | $11001 | $11330 | $10689 |
| **12/31/2022** | $11077 | $11367 | $10641 |
| **1/31/2023** | $11430 | $11728 | $10968 |
| **2/28/2023** | $11141 | $11469 | $10684 |
| **3/31/2023** | $11215 | $11579 | $10956 |
| **4/30/2023** | $11290 | $11641 | $11022 |
| **5/31/2023** | $11223 | $11574 | $10902 |
| **6/30/2023** | $11444 | $11832 | $10863 |
| **7/31/2023** | $11671 | $12058 | $10856 |
| **8/31/2023** | $11469 | $11877 | $10786 |
| **9/30/2023** | $11176 | $11568 | $10512 |
| **10/31/2023** | $11030 | $11411 | $10346 |
| **11/30/2023** | $11671 | $12058 | $10815 |
| **12/31/2023** | $12255 | $12628 | $11229 |
| **1/31/2024** | $12077 | $12499 | $11198 |
| **2/29/2024** | $12222 | $12621 | $11040 |
| **3/31/2024** | $12491 | $12885 | $11142 |
| **4/30/2024** | $12284 | $12618 | $10860 |
| **5/31/2024** | $12465 | $12845 | $11044 |
| **6/30/2024** | $12529 | $12924 | $11149 |
| **7/31/2024** | $12743 | $13166 | $11409 |
| **8/31/2024** | $13049 | $13471 | $11573 |
| **9/30/2024** | $13297 | $13720 | $11728 |
| **10/31/2024** | $13130 | $13484 | $11437 |
| **11/30/2024** | $13290 | $13644 | $11558 |
| **12/31/2024** | $13157 | $13454 | $11369 |
| **1/31/2025** | $13383 | $13647 | $11430 |
| **2/28/2025** | $13575 | $13861 | $11681 |
| **3/31/2025** | $13410 | $13755 | $11685 |
| **4/30/2025** | $13287 | $13725 | $11731 |
| **5/31/2025** | $13450 | $13878 | $11647 |
| **6/30/2025** | $13804 | $14213 | $11826 |
| **7/31/2025** | $14000 | $14393 | $11795 |
| **8/31/2025** | $14231 | $14627 | $11936 |
| **9/30/2025** | $14527 | $14888 | $12067 |
| **10/31/2025** | $14823 | $15205 | $12142 |
| **11/30/2025** | $14891 | $15268 | $12217 |
| **12/31/2025** | $15020 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R5 at NAV | 14.15% | 2.23% | 4.15% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R5

# LDMTX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8735-R5

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R6

# LDMVX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Bond Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $86 | 0.80% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 14.16%, reflecting performance at the net asset value (NAV) of Class R6 shares, with all distributions reinvested, compared to the 14.30% return of a securities market index with investment characteristics similar to those of the Fund, the JPM EMBI Global Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Allocation to Latin America, specifically Mexico and Argentina. Allocation to Asia, specifically India and Sri Lanka.

**Top detractors from performance:** Allocation to Middle East, specifically Jordan and Saudi Arabia. Allocation to Eastern Europe, Ukraine and Poland.

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i3bcb8b08e2a7df931f44d6fd.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R6** | **JPM EMBI Global Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9775 | $9982 | $10138 |
| **2/29/2016** | $9742 | $10172 | $10210 |
| **3/31/2016** | $10422 | $10504 | $10303 |
| **4/30/2016** | $10633 | $10690 | $10343 |
| **5/31/2016** | $10303 | $10671 | $10345 |
| **6/30/2016** | $10614 | $11031 | $10531 |
| **7/31/2016** | $10662 | $11230 | $10598 |
| **8/31/2016** | $10716 | $11431 | $10586 |
| **9/30/2016** | $10867 | $11477 | $10580 |
| **10/31/2016** | $10857 | $11334 | $10499 |
| **11/30/2016** | $10468 | $10870 | $10250 |
| **12/31/2016** | $10604 | $11015 | $10265 |
| **1/31/2017** | $10826 | $11174 | $10285 |
| **2/28/2017** | $10986 | $11398 | $10354 |
| **3/31/2017** | $11154 | $11441 | $10349 |
| **4/30/2017** | $11241 | $11611 | $10428 |
| **5/31/2017** | $11343 | $11714 | $10509 |
| **6/30/2017** | $11349 | $11697 | $10498 |
| **7/31/2017** | $11499 | $11795 | $10543 |
| **8/31/2017** | $11652 | $12004 | $10638 |
| **9/30/2017** | $11611 | $12006 | $10587 |
| **10/31/2017** | $11480 | $12050 | $10593 |
| **11/30/2017** | $11639 | $12056 | $10580 |
| **12/31/2017** | $11769 | $12145 | $10628 |
| **1/31/2018** | $12102 | $12140 | $10506 |
| **2/28/2018** | $11977 | $11898 | $10406 |
| **3/31/2018** | $12077 | $11933 | $10473 |
| **4/30/2018** | $11803 | $11759 | $10395 |
| **5/31/2018** | $11386 | $11649 | $10469 |
| **6/30/2018** | $11147 | $11510 | $10456 |
| **7/31/2018** | $11295 | $11804 | $10459 |
| **8/31/2018** | $11071 | $11600 | $10526 |
| **9/30/2018** | $11277 | $11775 | $10458 |
| **10/31/2018** | $11009 | $11521 | $10376 |
| **11/30/2018** | $10900 | $11473 | $10438 |
| **12/31/2018** | $11043 | $11627 | $10629 |
| **1/31/2019** | $11555 | $12140 | $10742 |
| **2/28/2019** | $11724 | $12261 | $10736 |
| **3/31/2019** | $11871 | $12436 | $10942 |
| **4/30/2019** | $11926 | $12466 | $10945 |
| **5/31/2019** | $11932 | $12517 | $11139 |
| **6/30/2019** | $12385 | $12943 | $11279 |
| **7/31/2019** | $12535 | $13100 | $11304 |
| **8/31/2019** | $12495 | $13198 | $11597 |
| **9/30/2019** | $12477 | $13137 | $11535 |
| **10/31/2019** | $12577 | $13174 | $11570 |
| **11/30/2019** | $12508 | $13112 | $11564 |
| **12/31/2019** | $12826 | $13376 | $11556 |
| **1/31/2020** | $12999 | $13579 | $11778 |
| **2/29/2020** | $12881 | $13448 | $11990 |
| **3/31/2020** | $10855 | $11586 | $11920 |
| **4/30/2020** | $11176 | $11846 | $12132 |
| **5/31/2020** | $11914 | $12565 | $12188 |
| **6/30/2020** | $12358 | $13006 | $12265 |
| **7/31/2020** | $12802 | $13489 | $12448 |
| **8/31/2020** | $12924 | $13559 | $12348 |
| **9/30/2020** | $12625 | $13308 | $12341 |
| **10/31/2020** | $12646 | $13304 | $12286 |
| **11/30/2020** | $13222 | $13817 | $12406 |
| **12/31/2020** | $13469 | $14079 | $12423 |
| **1/31/2021** | $13337 | $13926 | $12334 |
| **2/28/2021** | $13001 | $13571 | $12156 |
| **3/31/2021** | $12844 | $13440 | $12005 |
| **4/30/2021** | $13150 | $13738 | $12099 |
| **5/31/2021** | $13277 | $13883 | $12139 |
| **6/30/2021** | $13351 | $13985 | $12224 |
| **7/31/2021** | $13399 | $14044 | $12361 |
| **8/31/2021** | $13524 | $14181 | $12337 |
| **9/30/2021** | $13232 | $13887 | $12230 |
| **10/31/2021** | $13227 | $13891 | $12227 |
| **11/30/2021** | $12908 | $13635 | $12263 |
| **12/31/2021** | $13116 | $13826 | $12232 |
| **1/31/2022** | $12766 | $13433 | $11968 |
| **2/28/2022** | $12068 | $12553 | $11835 |
| **3/31/2022** | $12036 | $12441 | $11506 |
| **4/30/2022** | $11333 | $11745 | $11069 |
| **5/31/2022** | $11377 | $11748 | $11141 |
| **6/30/2022** | $10635 | $11018 | $10966 |
| **7/31/2022** | $10978 | $11337 | $11234 |
| **8/31/2022** | $10887 | $11230 | $10917 |
| **9/30/2022** | $10167 | $10515 | $10445 |
| **10/31/2022** | $10185 | $10531 | $10310 |
| **11/30/2022** | $11010 | $11330 | $10689 |
| **12/31/2022** | $11085 | $11367 | $10641 |
| **1/31/2023** | $11440 | $11728 | $10968 |
| **2/28/2023** | $11150 | $11469 | $10684 |
| **3/31/2023** | $11225 | $11579 | $10956 |
| **4/30/2023** | $11299 | $11641 | $11022 |
| **5/31/2023** | $11233 | $11574 | $10902 |
| **6/30/2023** | $11453 | $11832 | $10863 |
| **7/31/2023** | $11680 | $12058 | $10856 |
| **8/31/2023** | $11478 | $11877 | $10786 |
| **9/30/2023** | $11185 | $11568 | $10512 |
| **10/31/2023** | $11039 | $11411 | $10346 |
| **11/30/2023** | $11681 | $12058 | $10815 |
| **12/31/2023** | $12266 | $12628 | $11229 |
| **1/31/2024** | $12117 | $12499 | $11198 |
| **2/29/2024** | $12233 | $12621 | $11040 |
| **3/31/2024** | $12501 | $12885 | $11142 |
| **4/30/2024** | $12293 | $12618 | $10860 |
| **5/31/2024** | $12475 | $12845 | $11044 |
| **6/30/2024** | $12539 | $12924 | $11149 |
| **7/31/2024** | $12753 | $13166 | $11409 |
| **8/31/2024** | $13060 | $13471 | $11573 |
| **9/30/2024** | $13308 | $13720 | $11728 |
| **10/31/2024** | $13140 | $13484 | $11437 |
| **11/30/2024** | $13301 | $13644 | $11558 |
| **12/31/2024** | $13168 | $13454 | $11369 |
| **1/31/2025** | $13393 | $13647 | $11430 |
| **2/28/2025** | $13585 | $13861 | $11681 |
| **3/31/2025** | $13420 | $13755 | $11685 |
| **4/30/2025** | $13297 | $13725 | $11731 |
| **5/31/2025** | $13460 | $13878 | $11647 |
| **6/30/2025** | $13815 | $14213 | $11826 |
| **7/31/2025** | $14011 | $14393 | $11795 |
| **8/31/2025** | $14242 | $14627 | $11936 |
| **9/30/2025** | $14539 | $14888 | $12067 |
| **10/31/2025** | $14836 | $15205 | $12142 |
| **11/30/2025** | $14904 | $15268 | $12217 |
| **12/31/2025** | $15033 | $15377 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R6 at NAV | 14.16% | 2.22% | 4.16% |
| JPM EMBI Global Diversified Index | 14.30% | 1.78% | 4.40% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $123112560 |
| # of Portfolio Holdings | 212 |
| Portfolio Turnover Rate | 60% |
| Total Advisory Fees Paid | $581152 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Corporate Bonds | 25.41% |
| Foreign Government Obligations | 70.71% |
| Repurchase Agreements | 3.88% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R6

# LDMVX

# Lord Abbett Emerging Markets Bond Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8767-R6

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class A

# LCDAX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $109 | 1.05% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.32%, reflecting performance at the net asset value (NAV) of Class A shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i0dff063ec530b8e9728fb6f4.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class A with load** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $9777 | $10000 | $10000 |
| **1/31/2016** | $9751 | $9964 | $10138 |
| **2/29/2016** | $9856 | $10067 | $10210 |
| **3/31/2016** | $10204 | $10389 | $10303 |
| **4/30/2016** | $10381 | $10568 | $10343 |
| **5/31/2016** | $10411 | $10591 | $10345 |
| **6/30/2016** | $10571 | $10780 | $10531 |
| **7/31/2016** | $10732 | $10951 | $10598 |
| **8/31/2016** | $10880 | $11095 | $10586 |
| **9/30/2016** | $10868 | $11111 | $10580 |
| **10/31/2016** | $10849 | $11110 | $10499 |
| **11/30/2016** | $10572 | $10880 | $10250 |
| **12/31/2016** | $10659 | $10965 | $10265 |
| **1/31/2017** | $10811 | $11101 | $10285 |
| **2/28/2017** | $10985 | $11256 | $10354 |
| **3/31/2017** | $11009 | $11291 | $10349 |
| **4/30/2017** | $11132 | $11418 | $10428 |
| **5/31/2017** | $11192 | $11491 | $10509 |
| **6/30/2017** | $11202 | $11514 | $10498 |
| **7/31/2017** | $11306 | $11605 | $10543 |
| **8/31/2017** | $11447 | $11717 | $10638 |
| **9/30/2017** | $11493 | $11757 | $10587 |
| **10/31/2017** | $11553 | $11797 | $10593 |
| **11/30/2017** | $11541 | $11801 | $10580 |
| **12/31/2017** | $11569 | $11838 | $10628 |
| **1/31/2018** | $11616 | $11846 | $10506 |
| **2/28/2018** | $11477 | $11727 | $10406 |
| **3/31/2018** | $11396 | $11705 | $10473 |
| **4/30/2018** | $11316 | $11628 | $10395 |
| **5/31/2018** | $11169 | $11546 | $10469 |
| **6/30/2018** | $11052 | $11498 | $10456 |
| **7/31/2018** | $11290 | $11664 | $10459 |
| **8/31/2018** | $11086 | $11539 | $10526 |
| **9/30/2018** | $11226 | $11648 | $10458 |
| **10/31/2018** | $11136 | $11578 | $10376 |
| **11/30/2018** | $11064 | $11560 | $10438 |
| **12/31/2018** | $11146 | $11643 | $10629 |
| **1/31/2019** | $11502 | $11959 | $10742 |
| **2/28/2019** | $11650 | $12088 | $10736 |
| **3/31/2019** | $11750 | $12242 | $10942 |
| **4/30/2019** | $11850 | $12338 | $10945 |
| **5/31/2019** | $11849 | $12398 | $11139 |
| **6/30/2019** | $12172 | $12671 | $11279 |
| **7/31/2019** | $12305 | $12784 | $11304 |
| **8/31/2019** | $12207 | $12801 | $11597 |
| **9/30/2019** | $12341 | $12881 | $11535 |
| **10/31/2019** | $12432 | $12991 | $11570 |
| **11/30/2019** | $12460 | $13040 | $11564 |
| **12/31/2019** | $12658 | $13167 | $11556 |
| **1/31/2020** | $12790 | $13369 | $11778 |
| **2/29/2020** | $12701 | $13367 | $11990 |
| **3/31/2020** | $11015 | $11828 | $11920 |
| **4/30/2020** | $11511 | $12312 | $12132 |
| **5/31/2020** | $12006 | $12794 | $12188 |
| **6/30/2020** | $12339 | $13146 | $12265 |
| **7/31/2020** | $12674 | $13451 | $12448 |
| **8/31/2020** | $12807 | $13572 | $12348 |
| **9/30/2020** | $12690 | $13507 | $12341 |
| **10/31/2020** | $12749 | $13541 | $12286 |
| **11/30/2020** | $13170 | $13902 | $12406 |
| **12/31/2020** | $13389 | $14106 | $12423 |
| **1/31/2021** | $13363 | $14096 | $12334 |
| **2/28/2021** | $13330 | $14082 | $12156 |
| **3/31/2021** | $13168 | $13993 | $12005 |
| **4/30/2021** | $13238 | $14076 | $12099 |
| **5/31/2021** | $13333 | $14167 | $12139 |
| **6/30/2021** | $13410 | $14286 | $12224 |
| **7/31/2021** | $13433 | $14317 | $12361 |
| **8/31/2021** | $13550 | $14418 | $12337 |
| **9/30/2021** | $13460 | $14322 | $12230 |
| **10/31/2021** | $13403 | $14255 | $12227 |
| **11/30/2021** | $13268 | $14177 | $12263 |
| **12/31/2021** | $13337 | $14234 | $12232 |
| **1/31/2022** | $13098 | $13996 | $11968 |
| **2/28/2022** | $12521 | $13318 | $11835 |
| **3/31/2022** | $12297 | $12979 | $11506 |
| **4/30/2022** | $11932 | $12712 | $11069 |
| **5/31/2022** | $11861 | $12637 | $11141 |
| **6/30/2022** | $11422 | $12250 | $10966 |
| **7/31/2022** | $11620 | $12378 | $11234 |
| **8/31/2022** | $11695 | $12401 | $10917 |
| **9/30/2022** | $11181 | $11926 | $10445 |
| **10/31/2022** | $11019 | $11681 | $10310 |
| **11/30/2022** | $11647 | $12299 | $10689 |
| **12/31/2022** | $11844 | $12489 | $10641 |
| **1/31/2023** | $12204 | $12869 | $10968 |
| **2/28/2023** | $11927 | $12663 | $10684 |
| **3/31/2023** | $11985 | $12768 | $10956 |
| **4/30/2023** | $12080 | $12881 | $11022 |
| **5/31/2023** | $11969 | $12805 | $10902 |
| **6/30/2023** | $12063 | $12944 | $10863 |
| **7/31/2023** | $12179 | $13070 | $10856 |
| **8/31/2023** | $12058 | $13012 | $10786 |
| **9/30/2023** | $11973 | $12911 | $10512 |
| **10/31/2023** | $11793 | $12753 | $10346 |
| **11/30/2023** | $12269 | $13218 | $10815 |
| **12/31/2023** | $12669 | $13623 | $11229 |
| **1/31/2024** | $12693 | $13703 | $11198 |
| **2/29/2024** | $12787 | $13801 | $11040 |
| **3/31/2024** | $12931 | $13939 | $11142 |
| **4/30/2024** | $12791 | $13816 | $10860 |
| **5/31/2024** | $12985 | $14017 | $11044 |
| **6/30/2024** | $13060 | $14147 | $11149 |
| **7/31/2024** | $13245 | $14359 | $11409 |
| **8/31/2024** | $13433 | $14602 | $11573 |
| **9/30/2024** | $13630 | $14781 | $11728 |
| **10/31/2024** | $13516 | $14654 | $11437 |
| **11/30/2024** | $13572 | $14742 | $11558 |
| **12/31/2024** | $13495 | $14662 | $11369 |
| **1/31/2025** | $13612 | $14779 | $11430 |
| **2/28/2025** | $13802 | $15008 | $11681 |
| **3/31/2025** | $13789 | $15018 | $11685 |
| **4/30/2025** | $13703 | $14953 | $11731 |
| **5/31/2025** | $13802 | $15044 | $11647 |
| **6/30/2025** | $14006 | $15254 | $11826 |
| **7/31/2025** | $14138 | $15392 | $11795 |
| **8/31/2025** | $14302 | $15590 | $11936 |
| **9/30/2025** | $14478 | $15739 | $12067 |
| **10/31/2025** | $14540 | $15828 | $12142 |
| **11/30/2025** | $14548 | $15866 | $12217 |
| **12/31/2025** | $14617 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class A at NAV | 8.32% | 1.77% | 4.10% |
| Class A with sales charge | 5.84% | 1.31% | 3.87% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class A

# LCDAX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-3378-A

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class C

# LEDCX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $172 | 1.66% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 7.66%, reflecting performance at the net asset value (NAV) of Class C shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i21c381cda28a50fbdd61449c.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class C with load** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9968 | $9964 | $10138 |
| **2/29/2016** | $10070 | $10067 | $10210 |
| **3/31/2016** | $10420 | $10389 | $10303 |
| **4/30/2016** | $10595 | $10568 | $10343 |
| **5/31/2016** | $10620 | $10591 | $10345 |
| **6/30/2016** | $10785 | $10780 | $10531 |
| **7/31/2016** | $10943 | $10951 | $10598 |
| **8/31/2016** | $11080 | $11095 | $10586 |
| **9/30/2016** | $11062 | $11111 | $10580 |
| **10/31/2016** | $11036 | $11110 | $10499 |
| **11/30/2016** | $10748 | $10880 | $10250 |
| **12/31/2016** | $10823 | $10965 | $10265 |
| **1/31/2017** | $10978 | $11101 | $10285 |
| **2/28/2017** | $11149 | $11256 | $10354 |
| **3/31/2017** | $11167 | $11291 | $10349 |
| **4/30/2017** | $11286 | $11418 | $10428 |
| **5/31/2017** | $11339 | $11491 | $10509 |
| **6/30/2017** | $11343 | $11514 | $10498 |
| **7/31/2017** | $11442 | $11605 | $10543 |
| **8/31/2017** | $11577 | $11717 | $10638 |
| **9/30/2017** | $11616 | $11757 | $10587 |
| **10/31/2017** | $11671 | $11797 | $10593 |
| **11/30/2017** | $11651 | $11801 | $10580 |
| **12/31/2017** | $11673 | $11838 | $10628 |
| **1/31/2018** | $11714 | $11846 | $10506 |
| **2/28/2018** | $11568 | $11727 | $10406 |
| **3/31/2018** | $11481 | $11705 | $10473 |
| **4/30/2018** | $11394 | $11628 | $10395 |
| **5/31/2018** | $11239 | $11546 | $10469 |
| **6/30/2018** | $11115 | $11498 | $10456 |
| **7/31/2018** | $11348 | $11664 | $10459 |
| **8/31/2018** | $11137 | $11539 | $10526 |
| **9/30/2018** | $11272 | $11648 | $10458 |
| **10/31/2018** | $11175 | $11578 | $10376 |
| **11/30/2018** | $11097 | $11560 | $10438 |
| **12/31/2018** | $11174 | $11643 | $10629 |
| **1/31/2019** | $11524 | $11959 | $10742 |
| **2/28/2019** | $11666 | $12088 | $10736 |
| **3/31/2019** | $11761 | $12242 | $10942 |
| **4/30/2019** | $11855 | $12338 | $10945 |
| **5/31/2019** | $11847 | $12398 | $11139 |
| **6/30/2019** | $12164 | $12671 | $11279 |
| **7/31/2019** | $12291 | $12784 | $11304 |
| **8/31/2019** | $12186 | $12801 | $11597 |
| **9/30/2019** | $12313 | $12881 | $11535 |
| **10/31/2019** | $12398 | $12991 | $11570 |
| **11/30/2019** | $12419 | $13040 | $11564 |
| **12/31/2019** | $12609 | $13167 | $11556 |
| **1/31/2020** | $12734 | $13369 | $11778 |
| **2/29/2020** | $12639 | $13367 | $11990 |
| **3/31/2020** | $10955 | $11828 | $11920 |
| **4/30/2020** | $11442 | $12312 | $12132 |
| **5/31/2020** | $11928 | $12794 | $12188 |
| **6/30/2020** | $12252 | $13146 | $12265 |
| **7/31/2020** | $12577 | $13451 | $12448 |
| **8/31/2020** | $12702 | $13572 | $12348 |
| **9/30/2020** | $12579 | $13507 | $12341 |
| **10/31/2020** | $12631 | $13541 | $12286 |
| **11/30/2020** | $13041 | $13902 | $12406 |
| **12/31/2020** | $13251 | $14106 | $12423 |
| **1/31/2021** | $13218 | $14096 | $12334 |
| **2/28/2021** | $13179 | $14082 | $12156 |
| **3/31/2021** | $13012 | $13993 | $12005 |
| **4/30/2021** | $13075 | $14076 | $12099 |
| **5/31/2021** | $13162 | $14167 | $12139 |
| **6/30/2021** | $13240 | $14286 | $12224 |
| **7/31/2021** | $13247 | $14317 | $12361 |
| **8/31/2021** | $13355 | $14418 | $12337 |
| **9/30/2021** | $13260 | $14322 | $12230 |
| **10/31/2021** | $13196 | $14255 | $12227 |
| **11/30/2021** | $13058 | $14177 | $12263 |
| **12/31/2021** | $13126 | $14234 | $12232 |
| **1/31/2022** | $12876 | $13996 | $11968 |
| **2/28/2022** | $12312 | $13318 | $11835 |
| **3/31/2022** | $12076 | $12979 | $11506 |
| **4/30/2022** | $11712 | $12712 | $11069 |
| **5/31/2022** | $11636 | $12637 | $11141 |
| **6/30/2022** | $11199 | $12250 | $10966 |
| **7/31/2022** | $11387 | $12378 | $11234 |
| **8/31/2022** | $11455 | $12401 | $10917 |
| **9/30/2022** | $10946 | $11926 | $10445 |
| **10/31/2022** | $10781 | $11681 | $10310 |
| **11/30/2022** | $11390 | $12299 | $10689 |
| **12/31/2022** | $11586 | $12489 | $10641 |
| **1/31/2023** | $11922 | $12869 | $10968 |
| **2/28/2023** | $11646 | $12663 | $10684 |
| **3/31/2023** | $11697 | $12768 | $10956 |
| **4/30/2023** | $11783 | $12881 | $11022 |
| **5/31/2023** | $11669 | $12805 | $10902 |
| **6/30/2023** | $11755 | $12944 | $10863 |
| **7/31/2023** | $11861 | $13070 | $10856 |
| **8/31/2023** | $11738 | $13012 | $10786 |
| **9/30/2023** | $11649 | $12911 | $10512 |
| **10/31/2023** | $11477 | $12753 | $10346 |
| **11/30/2023** | $11924 | $13218 | $10815 |
| **12/31/2023** | $12306 | $13623 | $11229 |
| **1/31/2024** | $12323 | $13703 | $11198 |
| **2/29/2024** | $12408 | $13801 | $11040 |
| **3/31/2024** | $12541 | $13939 | $11142 |
| **4/30/2024** | $12399 | $13816 | $10860 |
| **5/31/2024** | $12579 | $14017 | $11044 |
| **6/30/2024** | $12646 | $14147 | $11149 |
| **7/31/2024** | $12818 | $14359 | $11409 |
| **8/31/2024** | $12992 | $14602 | $11573 |
| **9/30/2024** | $13186 | $14781 | $11728 |
| **10/31/2024** | $13059 | $14654 | $11437 |
| **11/30/2024** | $13106 | $14742 | $11558 |
| **12/31/2024** | $13025 | $14662 | $11369 |
| **1/31/2025** | $13140 | $14779 | $11430 |
| **2/28/2025** | $13317 | $15008 | $11681 |
| **3/31/2025** | $13298 | $15018 | $11685 |
| **4/30/2025** | $13199 | $14953 | $11731 |
| **5/31/2025** | $13288 | $15044 | $11647 |
| **6/30/2025** | $13477 | $15254 | $11826 |
| **7/31/2025** | $13597 | $15392 | $11795 |
| **8/31/2025** | $13758 | $15590 | $11936 |
| **9/30/2025** | $13911 | $15739 | $12067 |
| **10/31/2025** | $13963 | $15828 | $12142 |
| **11/30/2025** | $13964 | $15866 | $12217 |
| **12/31/2025** | $14023 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class C at NAV | 7.66% | 1.14% | 3.44% |
| Class C with sales charge | 6.66% | 1.14% | 3.44% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class C

# LEDCX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-3379-C

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class F

# LCDFX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class F | $99 | 0.95% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.42%, reflecting performance at the net asset value (NAV) of Class F shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](id9186802c5e2cab7e0d29e3f.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class F** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9981 | $9964 | $10138 |
| **2/29/2016** | $10089 | $10067 | $10210 |
| **3/31/2016** | $10446 | $10389 | $10303 |
| **4/30/2016** | $10620 | $10568 | $10343 |
| **5/31/2016** | $10651 | $10591 | $10345 |
| **6/30/2016** | $10822 | $10780 | $10531 |
| **7/31/2016** | $10988 | $10951 | $10598 |
| **8/31/2016** | $11140 | $11095 | $10586 |
| **9/30/2016** | $11121 | $11111 | $10580 |
| **10/31/2016** | $11102 | $11110 | $10499 |
| **11/30/2016** | $10819 | $10880 | $10250 |
| **12/31/2016** | $10910 | $10965 | $10265 |
| **1/31/2017** | $11066 | $11101 | $10285 |
| **2/28/2017** | $11252 | $11256 | $10354 |
| **3/31/2017** | $11271 | $11291 | $10349 |
| **4/30/2017** | $11405 | $11418 | $10428 |
| **5/31/2017** | $11467 | $11491 | $10509 |
| **6/30/2017** | $11472 | $11514 | $10498 |
| **7/31/2017** | $11579 | $11605 | $10543 |
| **8/31/2017** | $11724 | $11717 | $10638 |
| **9/30/2017** | $11771 | $11757 | $10587 |
| **10/31/2017** | $11835 | $11797 | $10593 |
| **11/30/2017** | $11830 | $11801 | $10580 |
| **12/31/2017** | $11860 | $11838 | $10628 |
| **1/31/2018** | $11901 | $11846 | $10506 |
| **2/28/2018** | $11759 | $11727 | $10406 |
| **3/31/2018** | $11678 | $11705 | $10473 |
| **4/30/2018** | $11605 | $11628 | $10395 |
| **5/31/2018** | $11454 | $11546 | $10469 |
| **6/30/2018** | $11335 | $11498 | $10456 |
| **7/31/2018** | $11572 | $11664 | $10459 |
| **8/31/2018** | $11372 | $11539 | $10526 |
| **9/30/2018** | $11516 | $11648 | $10458 |
| **10/31/2018** | $11417 | $11578 | $10376 |
| **11/30/2018** | $11352 | $11560 | $10438 |
| **12/31/2018** | $11430 | $11643 | $10629 |
| **1/31/2019** | $11796 | $11959 | $10742 |
| **2/28/2019** | $11955 | $12088 | $10736 |
| **3/31/2019** | $12051 | $12242 | $10942 |
| **4/30/2019** | $12155 | $12338 | $10945 |
| **5/31/2019** | $12163 | $12398 | $11139 |
| **6/30/2019** | $12487 | $12671 | $11279 |
| **7/31/2019** | $12633 | $12784 | $11304 |
| **8/31/2019** | $12525 | $12801 | $11597 |
| **9/30/2019** | $12672 | $12881 | $11535 |
| **10/31/2019** | $12758 | $12991 | $11570 |
| **11/30/2019** | $12787 | $13040 | $11564 |
| **12/31/2019** | $12991 | $13167 | $11556 |
| **1/31/2020** | $13128 | $13369 | $11778 |
| **2/29/2020** | $13037 | $13367 | $11990 |
| **3/31/2020** | $11307 | $11828 | $11920 |
| **4/30/2020** | $11817 | $12312 | $12132 |
| **5/31/2020** | $12335 | $12794 | $12188 |
| **6/30/2020** | $12669 | $13146 | $12265 |
| **7/31/2020** | $13022 | $13451 | $12448 |
| **8/31/2020** | $13152 | $13572 | $12348 |
| **9/30/2020** | $13041 | $13507 | $12341 |
| **10/31/2020** | $13094 | $13541 | $12286 |
| **11/30/2020** | $13528 | $13902 | $12406 |
| **12/31/2020** | $13754 | $14106 | $12423 |
| **1/31/2021** | $13728 | $14096 | $12334 |
| **2/28/2021** | $13695 | $14082 | $12156 |
| **3/31/2021** | $13539 | $13993 | $12005 |
| **4/30/2021** | $13612 | $14076 | $12099 |
| **5/31/2021** | $13702 | $14167 | $12139 |
| **6/30/2021** | $13791 | $14286 | $12224 |
| **7/31/2021** | $13807 | $14317 | $12361 |
| **8/31/2021** | $13928 | $14418 | $12337 |
| **9/30/2021** | $13837 | $14322 | $12230 |
| **10/31/2021** | $13788 | $14255 | $12227 |
| **11/30/2021** | $13642 | $14177 | $12263 |
| **12/31/2021** | $13722 | $14234 | $12232 |
| **1/31/2022** | $13469 | $13996 | $11968 |
| **2/28/2022** | $12886 | $13318 | $11835 |
| **3/31/2022** | $12656 | $12979 | $11506 |
| **4/30/2022** | $12273 | $12712 | $11069 |
| **5/31/2022** | $12201 | $12637 | $11141 |
| **6/30/2022** | $11750 | $12250 | $10966 |
| **7/31/2022** | $11955 | $12378 | $11234 |
| **8/31/2022** | $12033 | $12401 | $10917 |
| **9/30/2022** | $11506 | $11926 | $10445 |
| **10/31/2022** | $11339 | $11681 | $10310 |
| **11/30/2022** | $11997 | $12299 | $10689 |
| **12/31/2022** | $12200 | $12489 | $10641 |
| **1/31/2023** | $12571 | $12869 | $10968 |
| **2/28/2023** | $12278 | $12663 | $10684 |
| **3/31/2023** | $12338 | $12768 | $10956 |
| **4/30/2023** | $12437 | $12881 | $11022 |
| **5/31/2023** | $12324 | $12805 | $10902 |
| **6/30/2023** | $12431 | $12944 | $10863 |
| **7/31/2023** | $12542 | $13070 | $10856 |
| **8/31/2023** | $12418 | $13012 | $10786 |
| **9/30/2023** | $12332 | $12911 | $10512 |
| **10/31/2023** | $12158 | $12753 | $10346 |
| **11/30/2023** | $12648 | $13218 | $10815 |
| **12/31/2023** | $13061 | $13623 | $11229 |
| **1/31/2024** | $13077 | $13703 | $11198 |
| **2/29/2024** | $13176 | $13801 | $11040 |
| **3/31/2024** | $13325 | $13939 | $11142 |
| **4/30/2024** | $13182 | $13816 | $10860 |
| **5/31/2024** | $13382 | $14017 | $11044 |
| **6/30/2024** | $13462 | $14147 | $11149 |
| **7/31/2024** | $13664 | $14359 | $11409 |
| **8/31/2024** | $13848 | $14602 | $11573 |
| **9/30/2024** | $14063 | $14781 | $11728 |
| **10/31/2024** | $13935 | $14654 | $11437 |
| **11/30/2024** | $13995 | $14742 | $11558 |
| **12/31/2024** | $13916 | $14662 | $11369 |
| **1/31/2025** | $14048 | $14779 | $11430 |
| **2/28/2025** | $14245 | $15008 | $11681 |
| **3/31/2025** | $14233 | $15018 | $11685 |
| **4/30/2025** | $14146 | $14953 | $11731 |
| **5/31/2025** | $14239 | $15044 | $11647 |
| **6/30/2025** | $14450 | $15254 | $11826 |
| **7/31/2025** | $14587 | $15392 | $11795 |
| **8/31/2025** | $14769 | $15590 | $11936 |
| **9/30/2025** | $14941 | $15739 | $12067 |
| **10/31/2025** | $15006 | $15828 | $12142 |
| **11/30/2025** | $15027 | $15866 | $12217 |
| **12/31/2025** | $15088 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class F at NAV | 8.42% | 1.87% | 4.20% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class F

# LCDFX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-3380-F

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class F3

# LCDOX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class F3 | $79 | 0.76% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.63%, reflecting performance at the net asset value (NAV) of Class F3 shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i9dfe730107634af9d88a298e.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class F3** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **4/4/2017** | $10000 | $10000 | $10000 |
| **4/30/2017** | $10097 | $10095 | $10051 |
| **5/31/2017** | $10154 | $10159 | $10128 |
| **6/30/2017** | $10167 | $10180 | $10118 |
| **7/31/2017** | $10265 | $10260 | $10162 |
| **8/31/2017** | $10396 | $10359 | $10253 |
| **9/30/2017** | $10440 | $10395 | $10204 |
| **10/31/2017** | $10499 | $10430 | $10210 |
| **11/30/2017** | $10492 | $10433 | $10197 |
| **12/31/2017** | $10521 | $10466 | $10244 |
| **1/31/2018** | $10567 | $10473 | $10126 |
| **2/28/2018** | $10444 | $10368 | $10030 |
| **3/31/2018** | $10375 | $10348 | $10094 |
| **4/30/2018** | $10305 | $10280 | $10019 |
| **5/31/2018** | $10173 | $10208 | $10091 |
| **6/30/2018** | $10069 | $10165 | $10078 |
| **7/31/2018** | $10289 | $10313 | $10080 |
| **8/31/2018** | $10106 | $10201 | $10145 |
| **9/30/2018** | $10236 | $10298 | $10080 |
| **10/31/2018** | $10156 | $10237 | $10000 |
| **11/30/2018** | $10094 | $10220 | $10060 |
| **12/31/2018** | $10172 | $10294 | $10245 |
| **1/31/2019** | $10500 | $10573 | $10354 |
| **2/28/2019** | $10637 | $10687 | $10348 |
| **3/31/2019** | $10732 | $10824 | $10546 |
| **4/30/2019** | $10827 | $10908 | $10549 |
| **5/31/2019** | $10828 | $10961 | $10736 |
| **6/30/2019** | $11127 | $11203 | $10871 |
| **7/31/2019** | $11252 | $11303 | $10895 |
| **8/31/2019** | $11165 | $11317 | $11177 |
| **9/30/2019** | $11291 | $11389 | $11118 |
| **10/31/2019** | $11378 | $11485 | $11151 |
| **11/30/2019** | $11406 | $11529 | $11146 |
| **12/31/2019** | $11590 | $11641 | $11138 |
| **1/31/2020** | $11714 | $11820 | $11352 |
| **2/29/2020** | $11636 | $11818 | $11557 |
| **3/31/2020** | $10095 | $10457 | $11489 |
| **4/30/2020** | $10552 | $10885 | $11693 |
| **5/31/2020** | $11010 | $11311 | $11747 |
| **6/30/2020** | $11318 | $11622 | $11821 |
| **7/31/2020** | $11629 | $11892 | $11998 |
| **8/31/2020** | $11755 | $11999 | $11901 |
| **9/30/2020** | $11651 | $11941 | $11894 |
| **10/31/2020** | $11709 | $11972 | $11841 |
| **11/30/2020** | $12099 | $12291 | $11958 |
| **12/31/2020** | $12304 | $12471 | $11974 |
| **1/31/2021** | $12284 | $12463 | $11888 |
| **2/28/2021** | $12258 | $12450 | $11716 |
| **3/31/2021** | $12113 | $12371 | $11570 |
| **4/30/2021** | $12181 | $12445 | $11662 |
| **5/31/2021** | $12272 | $12525 | $11700 |
| **6/30/2021** | $12347 | $12630 | $11782 |
| **7/31/2021** | $12372 | $12658 | $11914 |
| **8/31/2021** | $12483 | $12747 | $11891 |
| **9/30/2021** | $12404 | $12662 | $11788 |
| **10/31/2021** | $12355 | $12603 | $11785 |
| **11/30/2021** | $12236 | $12534 | $11820 |
| **12/31/2021** | $12302 | $12585 | $11789 |
| **1/31/2022** | $12086 | $12374 | $11535 |
| **2/28/2022** | $11565 | $11775 | $11407 |
| **3/31/2022** | $11353 | $11475 | $11090 |
| **4/30/2022** | $11020 | $11239 | $10669 |
| **5/31/2022** | $10957 | $11172 | $10738 |
| **6/30/2022** | $10555 | $10830 | $10569 |
| **7/31/2022** | $10741 | $10944 | $10828 |
| **8/31/2022** | $10814 | $10964 | $10522 |
| **9/30/2022** | $10342 | $10544 | $10067 |
| **10/31/2022** | $10194 | $10328 | $9937 |
| **11/30/2022** | $10779 | $10874 | $10302 |
| **12/31/2022** | $10964 | $11041 | $10256 |
| **1/31/2023** | $11300 | $11377 | $10571 |
| **2/28/2023** | $11047 | $11195 | $10298 |
| **3/31/2023** | $11104 | $11288 | $10559 |
| **4/30/2023** | $11195 | $11388 | $10623 |
| **5/31/2023** | $11095 | $11321 | $10508 |
| **6/30/2023** | $11186 | $11444 | $10470 |
| **7/31/2023** | $11297 | $11555 | $10463 |
| **8/31/2023** | $11189 | $11504 | $10396 |
| **9/30/2023** | $11113 | $11414 | $10132 |
| **10/31/2023** | $10950 | $11275 | $9972 |
| **11/30/2023** | $11394 | $11686 | $10424 |
| **12/31/2023** | $11769 | $12044 | $10823 |
| **1/31/2024** | $11795 | $12115 | $10793 |
| **2/29/2024** | $11886 | $12202 | $10640 |
| **3/31/2024** | $12024 | $12324 | $10739 |
| **4/30/2024** | $11897 | $12215 | $10467 |
| **5/31/2024** | $12080 | $12393 | $10645 |
| **6/30/2024** | $12145 | $12508 | $10746 |
| **7/31/2024** | $12330 | $12695 | $10997 |
| **8/31/2024** | $12508 | $12910 | $11155 |
| **9/30/2024** | $12695 | $13068 | $11304 |
| **10/31/2024** | $12591 | $12956 | $11024 |
| **11/30/2024** | $12646 | $13034 | $11140 |
| **12/31/2024** | $12577 | $12963 | $10958 |
| **1/31/2025** | $12689 | $13066 | $11016 |
| **2/28/2025** | $12869 | $13269 | $11258 |
| **3/31/2025** | $12861 | $13277 | $11263 |
| **4/30/2025** | $12784 | $13220 | $11307 |
| **5/31/2025** | $12879 | $13301 | $11226 |
| **6/30/2025** | $13073 | $13486 | $11399 |
| **7/31/2025** | $13198 | $13609 | $11368 |
| **8/31/2025** | $13355 | $13784 | $11504 |
| **9/30/2025** | $13523 | $13915 | $11630 |
| **10/31/2025** | $13583 | $13994 | $11703 |
| **11/30/2025** | $13595 | $14027 | $11775 |
| **12/31/2025** | $13662 | $14094 | $11758 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | Since Inception 4/4/17 |
| Class F3 at NAV | 8.63% | 2.12% | 3.63% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.00% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 1.87% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class F3

# LCDOX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8954-F3

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class I

# LCDIX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $89 | 0.85% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.53%, reflecting performance at the net asset value (NAV) of Class I shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i622c01e2286fdeea30506964.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class I** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9975 | $9964 | $10138 |
| **2/29/2016** | $10085 | $10067 | $10210 |
| **3/31/2016** | $10450 | $10389 | $10303 |
| **4/30/2016** | $10625 | $10568 | $10343 |
| **5/31/2016** | $10658 | $10591 | $10345 |
| **6/30/2016** | $10824 | $10780 | $10531 |
| **7/31/2016** | $10998 | $10951 | $10598 |
| **8/31/2016** | $11144 | $11095 | $10586 |
| **9/30/2016** | $11133 | $11111 | $10580 |
| **10/31/2016** | $11116 | $11110 | $10499 |
| **11/30/2016** | $10833 | $10880 | $10250 |
| **12/31/2016** | $10918 | $10965 | $10265 |
| **1/31/2017** | $11082 | $11101 | $10285 |
| **2/28/2017** | $11263 | $11256 | $10354 |
| **3/31/2017** | $11290 | $11291 | $10349 |
| **4/30/2017** | $11418 | $11418 | $10428 |
| **5/31/2017** | $11481 | $11491 | $10509 |
| **6/30/2017** | $11494 | $11514 | $10498 |
| **7/31/2017** | $11603 | $11605 | $10543 |
| **8/31/2017** | $11750 | $11717 | $10638 |
| **9/30/2017** | $11798 | $11757 | $10587 |
| **10/31/2017** | $11862 | $11797 | $10593 |
| **11/30/2017** | $11852 | $11801 | $10580 |
| **12/31/2017** | $11883 | $11838 | $10628 |
| **1/31/2018** | $11932 | $11846 | $10506 |
| **2/28/2018** | $11791 | $11727 | $10406 |
| **3/31/2018** | $11710 | $11705 | $10473 |
| **4/30/2018** | $11630 | $11628 | $10395 |
| **5/31/2018** | $11481 | $11546 | $10469 |
| **6/30/2018** | $11362 | $11498 | $10456 |
| **7/31/2018** | $11609 | $11664 | $10459 |
| **8/31/2018** | $11401 | $11539 | $10526 |
| **9/30/2018** | $11547 | $11648 | $10458 |
| **10/31/2018** | $11457 | $11578 | $10376 |
| **11/30/2018** | $11384 | $11560 | $10438 |
| **12/31/2018** | $11471 | $11643 | $10629 |
| **1/31/2019** | $11832 | $11959 | $10742 |
| **2/28/2019** | $11986 | $12088 | $10736 |
| **3/31/2019** | $12091 | $12242 | $10942 |
| **4/30/2019** | $12196 | $12338 | $10945 |
| **5/31/2019** | $12196 | $12398 | $11139 |
| **6/30/2019** | $12530 | $12671 | $11279 |
| **7/31/2019** | $12669 | $12784 | $11304 |
| **8/31/2019** | $12570 | $12801 | $11597 |
| **9/30/2019** | $12709 | $12881 | $11535 |
| **10/31/2019** | $12805 | $12991 | $11570 |
| **11/30/2019** | $12835 | $13040 | $11564 |
| **12/31/2019** | $13041 | $13167 | $11556 |
| **1/31/2020** | $13179 | $13369 | $11778 |
| **2/29/2020** | $13089 | $13367 | $11990 |
| **3/31/2020** | $11343 | $11828 | $11920 |
| **4/30/2020** | $11857 | $12312 | $12132 |
| **5/31/2020** | $12378 | $12794 | $12188 |
| **6/30/2020** | $12722 | $13146 | $12265 |
| **7/31/2020** | $13069 | $13451 | $12448 |
| **8/31/2020** | $13200 | $13572 | $12348 |
| **9/30/2020** | $13090 | $13507 | $12341 |
| **10/31/2020** | $13144 | $13541 | $12286 |
| **11/30/2020** | $13581 | $13902 | $12406 |
| **12/31/2020** | $13810 | $14106 | $12423 |
| **1/31/2021** | $13785 | $14096 | $12334 |
| **2/28/2021** | $13753 | $14082 | $12156 |
| **3/31/2021** | $13597 | $13993 | $12005 |
| **4/30/2021** | $13671 | $14076 | $12099 |
| **5/31/2021** | $13763 | $14167 | $12139 |
| **6/30/2021** | $13854 | $14286 | $12224 |
| **7/31/2021** | $13871 | $14317 | $12361 |
| **8/31/2021** | $13993 | $14418 | $12337 |
| **9/30/2021** | $13903 | $14322 | $12230 |
| **10/31/2021** | $13855 | $14255 | $12227 |
| **11/30/2021** | $13709 | $14177 | $12263 |
| **12/31/2021** | $13790 | $14234 | $12232 |
| **1/31/2022** | $13536 | $13996 | $11968 |
| **2/28/2022** | $12951 | $13318 | $11835 |
| **3/31/2022** | $12711 | $12979 | $11506 |
| **4/30/2022** | $12336 | $12712 | $11069 |
| **5/31/2022** | $12264 | $12637 | $11141 |
| **6/30/2022** | $11811 | $12250 | $10966 |
| **7/31/2022** | $12019 | $12378 | $11234 |
| **8/31/2022** | $12098 | $12401 | $10917 |
| **9/30/2022** | $11568 | $11926 | $10445 |
| **10/31/2022** | $11402 | $11681 | $10310 |
| **11/30/2022** | $12055 | $12299 | $10689 |
| **12/31/2022** | $12271 | $12489 | $10641 |
| **1/31/2023** | $12636 | $12869 | $10968 |
| **2/28/2023** | $12351 | $12663 | $10684 |
| **3/31/2023** | $12413 | $12768 | $10956 |
| **4/30/2023** | $12504 | $12881 | $11022 |
| **5/31/2023** | $12400 | $12805 | $10902 |
| **6/30/2023** | $12500 | $12944 | $10863 |
| **7/31/2023** | $12622 | $13070 | $10856 |
| **8/31/2023** | $12499 | $13012 | $10786 |
| **9/30/2023** | $12413 | $12911 | $10512 |
| **10/31/2023** | $12228 | $12753 | $10346 |
| **11/30/2023** | $12724 | $13218 | $10815 |
| **12/31/2023** | $13141 | $13623 | $11229 |
| **1/31/2024** | $13168 | $13703 | $11198 |
| **2/29/2024** | $13268 | $13801 | $11040 |
| **3/31/2024** | $13420 | $13939 | $11142 |
| **4/30/2024** | $13276 | $13816 | $10860 |
| **5/31/2024** | $13470 | $14017 | $11044 |
| **6/30/2024** | $13550 | $14147 | $11149 |
| **7/31/2024** | $13755 | $14359 | $11409 |
| **8/31/2024** | $13953 | $14602 | $11573 |
| **9/30/2024** | $14160 | $14781 | $11728 |
| **10/31/2024** | $14043 | $14654 | $11437 |
| **11/30/2024** | $14093 | $14742 | $11558 |
| **12/31/2024** | $14026 | $14662 | $11369 |
| **1/31/2025** | $14150 | $14779 | $11430 |
| **2/28/2025** | $14350 | $15008 | $11681 |
| **3/31/2025** | $14339 | $15018 | $11685 |
| **4/30/2025** | $14252 | $14953 | $11731 |
| **5/31/2025** | $14358 | $15044 | $11647 |
| **6/30/2025** | $14572 | $15254 | $11826 |
| **7/31/2025** | $14712 | $15392 | $11795 |
| **8/31/2025** | $14886 | $15590 | $11936 |
| **9/30/2025** | $15072 | $15739 | $12067 |
| **10/31/2025** | $15138 | $15828 | $12142 |
| **11/30/2025** | $15149 | $15866 | $12217 |
| **12/31/2025** | $15223 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class I at NAV | 8.53% | 1.97% | 4.29% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class I

# LCDIX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-3381-I

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R3

# LCDRX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R3 | $140 | 1.35% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 7.99%, reflecting performance at the net asset value (NAV) of Class R3 shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i0934b19e0c92c68509e93962.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R3** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9975 | $9964 | $10138 |
| **2/29/2016** | $10085 | $10067 | $10210 |
| **3/31/2016** | $10443 | $10389 | $10303 |
| **4/30/2016** | $10625 | $10568 | $10343 |
| **5/31/2016** | $10658 | $10591 | $10345 |
| **6/30/2016** | $10824 | $10780 | $10531 |
| **7/31/2016** | $10991 | $10951 | $10598 |
| **8/31/2016** | $11144 | $11095 | $10586 |
| **9/30/2016** | $11134 | $11111 | $10580 |
| **10/31/2016** | $11116 | $11110 | $10499 |
| **11/30/2016** | $10833 | $10880 | $10250 |
| **12/31/2016** | $10918 | $10965 | $10265 |
| **1/31/2017** | $11082 | $11101 | $10285 |
| **2/28/2017** | $11263 | $11256 | $10354 |
| **3/31/2017** | $11290 | $11291 | $10349 |
| **4/30/2017** | $11418 | $11418 | $10428 |
| **5/31/2017** | $11481 | $11491 | $10509 |
| **6/30/2017** | $11487 | $11514 | $10498 |
| **7/31/2017** | $11603 | $11605 | $10543 |
| **8/31/2017** | $11743 | $11717 | $10638 |
| **9/30/2017** | $11798 | $11757 | $10587 |
| **10/31/2017** | $11855 | $11797 | $10593 |
| **11/30/2017** | $11852 | $11801 | $10580 |
| **12/31/2017** | $11883 | $11838 | $10628 |
| **1/31/2018** | $11925 | $11846 | $10506 |
| **2/28/2018** | $11791 | $11727 | $10406 |
| **3/31/2018** | $11703 | $11705 | $10473 |
| **4/30/2018** | $11631 | $11628 | $10395 |
| **5/31/2018** | $11481 | $11546 | $10469 |
| **6/30/2018** | $11362 | $11498 | $10456 |
| **7/31/2018** | $11609 | $11664 | $10459 |
| **8/31/2018** | $11402 | $11539 | $10526 |
| **9/30/2018** | $11548 | $11648 | $10458 |
| **10/31/2018** | $11449 | $11578 | $10376 |
| **11/30/2018** | $11385 | $11560 | $10438 |
| **12/31/2018** | $11464 | $11643 | $10629 |
| **1/31/2019** | $11835 | $11959 | $10742 |
| **2/28/2019** | $11984 | $12088 | $10736 |
| **3/31/2019** | $12084 | $12242 | $10942 |
| **4/30/2019** | $12177 | $12338 | $10945 |
| **5/31/2019** | $12180 | $12398 | $11139 |
| **6/30/2019** | $12509 | $12671 | $11279 |
| **7/31/2019** | $12643 | $12784 | $11304 |
| **8/31/2019** | $12539 | $12801 | $11597 |
| **9/30/2019** | $12673 | $12881 | $11535 |
| **10/31/2019** | $12756 | $12991 | $11570 |
| **11/30/2019** | $12789 | $13040 | $11564 |
| **12/31/2019** | $12989 | $13167 | $11556 |
| **1/31/2020** | $13113 | $13369 | $11778 |
| **2/29/2020** | $13027 | $13367 | $11990 |
| **3/31/2020** | $11286 | $11828 | $11920 |
| **4/30/2020** | $11801 | $12312 | $12132 |
| **5/31/2020** | $12305 | $12794 | $12188 |
| **6/30/2020** | $12643 | $13146 | $12265 |
| **7/31/2020** | $12983 | $13451 | $12448 |
| **8/31/2020** | $13116 | $13572 | $12348 |
| **9/30/2020** | $12993 | $13507 | $12341 |
| **10/31/2020** | $13050 | $13541 | $12286 |
| **11/30/2020** | $13469 | $13902 | $12406 |
| **12/31/2020** | $13699 | $14106 | $12423 |
| **1/31/2021** | $13669 | $14096 | $12334 |
| **2/28/2021** | $13632 | $14082 | $12156 |
| **3/31/2021** | $13463 | $13993 | $12005 |
| **4/30/2021** | $13531 | $14076 | $12099 |
| **5/31/2021** | $13626 | $14167 | $12139 |
| **6/30/2021** | $13701 | $14286 | $12224 |
| **7/31/2021** | $13712 | $14317 | $12361 |
| **8/31/2021** | $13827 | $14418 | $12337 |
| **9/30/2021** | $13742 | $14322 | $12230 |
| **10/31/2021** | $13679 | $14255 | $12227 |
| **11/30/2021** | $13530 | $14177 | $12263 |
| **12/31/2021** | $13605 | $14234 | $12232 |
| **1/31/2022** | $13349 | $13996 | $11968 |
| **2/28/2022** | $12767 | $13318 | $11835 |
| **3/31/2022** | $12535 | $12979 | $11506 |
| **4/30/2022** | $12151 | $12712 | $11069 |
| **5/31/2022** | $12075 | $12637 | $11141 |
| **6/30/2022** | $11625 | $12250 | $10966 |
| **7/31/2022** | $11824 | $12378 | $11234 |
| **8/31/2022** | $11907 | $12401 | $10917 |
| **9/30/2022** | $11381 | $11926 | $10445 |
| **10/31/2022** | $11203 | $11681 | $10310 |
| **11/30/2022** | $11849 | $12299 | $10689 |
| **12/31/2022** | $12047 | $12489 | $10641 |
| **1/31/2023** | $12409 | $12869 | $10968 |
| **2/28/2023** | $12125 | $12663 | $10684 |
| **3/31/2023** | $12181 | $12768 | $10956 |
| **4/30/2023** | $12265 | $12881 | $11022 |
| **5/31/2023** | $12158 | $12805 | $10902 |
| **6/30/2023** | $12251 | $12944 | $10863 |
| **7/31/2023** | $12356 | $13070 | $10856 |
| **8/31/2023** | $12240 | $13012 | $10786 |
| **9/30/2023** | $12150 | $12911 | $10512 |
| **10/31/2023** | $11965 | $12753 | $10346 |
| **11/30/2023** | $12444 | $13218 | $10815 |
| **12/31/2023** | $12847 | $13623 | $11229 |
| **1/31/2024** | $12867 | $13703 | $11198 |
| **2/29/2024** | $12960 | $13801 | $11040 |
| **3/31/2024** | $13102 | $13939 | $11142 |
| **4/30/2024** | $12957 | $13816 | $10860 |
| **5/31/2024** | $13140 | $14017 | $11044 |
| **6/30/2024** | $13213 | $14147 | $11149 |
| **7/31/2024** | $13407 | $14359 | $11409 |
| **8/31/2024** | $13593 | $14602 | $11573 |
| **9/30/2024** | $13790 | $14781 | $11728 |
| **10/31/2024** | $13670 | $14654 | $11437 |
| **11/30/2024** | $13714 | $14742 | $11558 |
| **12/31/2024** | $13642 | $14662 | $11369 |
| **1/31/2025** | $13757 | $14779 | $11430 |
| **2/28/2025** | $13946 | $15008 | $11681 |
| **3/31/2025** | $13929 | $15018 | $11685 |
| **4/30/2025** | $13840 | $14953 | $11731 |
| **5/31/2025** | $13936 | $15044 | $11647 |
| **6/30/2025** | $14139 | $15254 | $11826 |
| **7/31/2025** | $14268 | $15392 | $11795 |
| **8/31/2025** | $14430 | $15590 | $11936 |
| **9/30/2025** | $14604 | $15739 | $12067 |
| **10/31/2025** | $14662 | $15828 | $12142 |
| **11/30/2025** | $14667 | $15866 | $12217 |
| **12/31/2025** | $14733 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R3 at NAV | 7.99% | 1.47% | 3.95% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R3

# LCDRX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-3383-R3

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R4

# LCDSX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R4 | $115 | 1.10% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.26%, reflecting performance at the net asset value (NAV) of Class R4 shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](i70d79a28b1f301f356192d49.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R4** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9973 | $9964 | $10138 |
| **2/29/2016** | $10080 | $10067 | $10210 |
| **3/31/2016** | $10436 | $10389 | $10303 |
| **4/30/2016** | $10617 | $10568 | $10343 |
| **5/31/2016** | $10647 | $10591 | $10345 |
| **6/30/2016** | $10810 | $10780 | $10531 |
| **7/31/2016** | $10975 | $10951 | $10598 |
| **8/31/2016** | $11126 | $11095 | $10586 |
| **9/30/2016** | $11114 | $11111 | $10580 |
| **10/31/2016** | $11094 | $11110 | $10499 |
| **11/30/2016** | $10810 | $10880 | $10250 |
| **12/31/2016** | $10892 | $10965 | $10265 |
| **1/31/2017** | $11054 | $11101 | $10285 |
| **2/28/2017** | $11231 | $11256 | $10354 |
| **3/31/2017** | $11256 | $11291 | $10349 |
| **4/30/2017** | $11382 | $11418 | $10428 |
| **5/31/2017** | $11442 | $11491 | $10509 |
| **6/30/2017** | $11452 | $11514 | $10498 |
| **7/31/2017** | $11558 | $11605 | $10543 |
| **8/31/2017** | $11695 | $11717 | $10638 |
| **9/30/2017** | $11748 | $11757 | $10587 |
| **10/31/2017** | $11802 | $11797 | $10593 |
| **11/30/2017** | $11796 | $11801 | $10580 |
| **12/31/2017** | $11825 | $11838 | $10628 |
| **1/31/2018** | $11865 | $11846 | $10506 |
| **2/28/2018** | $11722 | $11727 | $10406 |
| **3/31/2018** | $11639 | $11705 | $10473 |
| **4/30/2018** | $11565 | $11628 | $10395 |
| **5/31/2018** | $11413 | $11546 | $10469 |
| **6/30/2018** | $11293 | $11498 | $10456 |
| **7/31/2018** | $11528 | $11664 | $10459 |
| **8/31/2018** | $11327 | $11539 | $10526 |
| **9/30/2018** | $11470 | $11648 | $10458 |
| **10/31/2018** | $11370 | $11578 | $10376 |
| **11/30/2018** | $11303 | $11560 | $10438 |
| **12/31/2018** | $11379 | $11643 | $10629 |
| **1/31/2019** | $11742 | $11959 | $10742 |
| **2/28/2019** | $11901 | $12088 | $10736 |
| **3/31/2019** | $12003 | $12242 | $10942 |
| **4/30/2019** | $12097 | $12338 | $10945 |
| **5/31/2019** | $12102 | $12398 | $11139 |
| **6/30/2019** | $12424 | $12671 | $11279 |
| **7/31/2019** | $12568 | $12784 | $11304 |
| **8/31/2019** | $12459 | $12801 | $11597 |
| **9/30/2019** | $12604 | $12881 | $11535 |
| **10/31/2019** | $12689 | $12991 | $11570 |
| **11/30/2019** | $12716 | $13040 | $11564 |
| **12/31/2019** | $12918 | $13167 | $11556 |
| **1/31/2020** | $13052 | $13369 | $11778 |
| **2/29/2020** | $12961 | $13367 | $11990 |
| **3/31/2020** | $11239 | $11828 | $11920 |
| **4/30/2020** | $11745 | $12312 | $12132 |
| **5/31/2020** | $12258 | $12794 | $12188 |
| **6/30/2020** | $12590 | $13146 | $12265 |
| **7/31/2020** | $12931 | $13451 | $12448 |
| **8/31/2020** | $13067 | $13572 | $12348 |
| **9/30/2020** | $12955 | $13507 | $12341 |
| **10/31/2020** | $13006 | $13541 | $12286 |
| **11/30/2020** | $13435 | $13902 | $12406 |
| **12/31/2020** | $13659 | $14106 | $12423 |
| **1/31/2021** | $13632 | $14096 | $12334 |
| **2/28/2021** | $13598 | $14082 | $12156 |
| **3/31/2021** | $13432 | $13993 | $12005 |
| **4/30/2021** | $13512 | $14076 | $12099 |
| **5/31/2021** | $13600 | $14167 | $12139 |
| **6/30/2021** | $13686 | $14286 | $12224 |
| **7/31/2021** | $13700 | $14317 | $12361 |
| **8/31/2021** | $13819 | $14418 | $12337 |
| **9/30/2021** | $13727 | $14322 | $12230 |
| **10/31/2021** | $13677 | $14255 | $12227 |
| **11/30/2021** | $13530 | $14177 | $12263 |
| **12/31/2021** | $13608 | $14234 | $12232 |
| **1/31/2022** | $13355 | $13996 | $11968 |
| **2/28/2022** | $12775 | $13318 | $11835 |
| **3/31/2022** | $12536 | $12979 | $11506 |
| **4/30/2022** | $12164 | $12712 | $11069 |
| **5/31/2022** | $12091 | $12637 | $11141 |
| **6/30/2022** | $11642 | $12250 | $10966 |
| **7/31/2022** | $11844 | $12378 | $11234 |
| **8/31/2022** | $11920 | $12401 | $10917 |
| **9/30/2022** | $11395 | $11926 | $10445 |
| **10/31/2022** | $11229 | $11681 | $10310 |
| **11/30/2022** | $11870 | $12299 | $10689 |
| **12/31/2022** | $12079 | $12489 | $10641 |
| **1/31/2023** | $12445 | $12869 | $10968 |
| **2/28/2023** | $12153 | $12663 | $10684 |
| **3/31/2023** | $12211 | $12768 | $10956 |
| **4/30/2023** | $12308 | $12881 | $11022 |
| **5/31/2023** | $12203 | $12805 | $10902 |
| **6/30/2023** | $12299 | $12944 | $10863 |
| **7/31/2023** | $12407 | $13070 | $10856 |
| **8/31/2023** | $12283 | $13012 | $10786 |
| **9/30/2023** | $12206 | $12911 | $10512 |
| **10/31/2023** | $12022 | $12753 | $10346 |
| **11/30/2023** | $12507 | $13218 | $10815 |
| **12/31/2023** | $12914 | $13623 | $11229 |
| **1/31/2024** | $12928 | $13703 | $11198 |
| **2/29/2024** | $13024 | $13801 | $11040 |
| **3/31/2024** | $13170 | $13939 | $11142 |
| **4/30/2024** | $13026 | $13816 | $10860 |
| **5/31/2024** | $13223 | $14017 | $11044 |
| **6/30/2024** | $13300 | $14147 | $11149 |
| **7/31/2024** | $13498 | $14359 | $11409 |
| **8/31/2024** | $13678 | $14602 | $11573 |
| **9/30/2024** | $13889 | $14781 | $11728 |
| **10/31/2024** | $13761 | $14654 | $11437 |
| **11/30/2024** | $13818 | $14742 | $11558 |
| **12/31/2024** | $13738 | $14662 | $11369 |
| **1/31/2025** | $13867 | $14779 | $11430 |
| **2/28/2025** | $14060 | $15008 | $11681 |
| **3/31/2025** | $14046 | $15018 | $11685 |
| **4/30/2025** | $13948 | $14953 | $11731 |
| **5/31/2025** | $14048 | $15044 | $11647 |
| **6/30/2025** | $14255 | $15254 | $11826 |
| **7/31/2025** | $14388 | $15392 | $11795 |
| **8/31/2025** | $14566 | $15590 | $11936 |
| **9/30/2025** | $14734 | $15739 | $12067 |
| **10/31/2025** | $14796 | $15828 | $12142 |
| **11/30/2025** | $14804 | $15866 | $12217 |
| **12/31/2025** | $14873 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R4 at NAV | 8.26% | 1.72% | 4.05% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R4

# LCDSX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8731-R4

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R5

# LCDTX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R5 | $89 | 0.85% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.54%, reflecting performance at the net asset value (NAV) of Class R5 shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](ia0ef08174f97da00eafe18dd.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R5** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9976 | $9964 | $10138 |
| **2/29/2016** | $10085 | $10067 | $10210 |
| **3/31/2016** | $10450 | $10389 | $10303 |
| **4/30/2016** | $10626 | $10568 | $10343 |
| **5/31/2016** | $10658 | $10591 | $10345 |
| **6/30/2016** | $10824 | $10780 | $10531 |
| **7/31/2016** | $10998 | $10951 | $10598 |
| **8/31/2016** | $11144 | $11095 | $10586 |
| **9/30/2016** | $11134 | $11111 | $10580 |
| **10/31/2016** | $11116 | $11110 | $10499 |
| **11/30/2016** | $10834 | $10880 | $10250 |
| **12/31/2016** | $10918 | $10965 | $10265 |
| **1/31/2017** | $11083 | $11101 | $10285 |
| **2/28/2017** | $11263 | $11256 | $10354 |
| **3/31/2017** | $11290 | $11291 | $10349 |
| **4/30/2017** | $11419 | $11418 | $10428 |
| **5/31/2017** | $11482 | $11491 | $10509 |
| **6/30/2017** | $11495 | $11514 | $10498 |
| **7/31/2017** | $11604 | $11605 | $10543 |
| **8/31/2017** | $11750 | $11717 | $10638 |
| **9/30/2017** | $11799 | $11757 | $10587 |
| **10/31/2017** | $11863 | $11797 | $10593 |
| **11/30/2017** | $11852 | $11801 | $10580 |
| **12/31/2017** | $11883 | $11838 | $10628 |
| **1/31/2018** | $11933 | $11846 | $10506 |
| **2/28/2018** | $11793 | $11727 | $10406 |
| **3/31/2018** | $11712 | $11705 | $10473 |
| **4/30/2018** | $11632 | $11628 | $10395 |
| **5/31/2018** | $11482 | $11546 | $10469 |
| **6/30/2018** | $11364 | $11498 | $10456 |
| **7/31/2018** | $11611 | $11664 | $10459 |
| **8/31/2018** | $11403 | $11539 | $10526 |
| **9/30/2018** | $11549 | $11648 | $10458 |
| **10/31/2018** | $11459 | $11578 | $10376 |
| **11/30/2018** | $11386 | $11560 | $10438 |
| **12/31/2018** | $11473 | $11643 | $10629 |
| **1/31/2019** | $11841 | $11959 | $10742 |
| **2/28/2019** | $11995 | $12088 | $10736 |
| **3/31/2019** | $12100 | $12242 | $10942 |
| **4/30/2019** | $12206 | $12338 | $10945 |
| **5/31/2019** | $12206 | $12398 | $11139 |
| **6/30/2019** | $12541 | $12671 | $11279 |
| **7/31/2019** | $12681 | $12784 | $11304 |
| **8/31/2019** | $12582 | $12801 | $11597 |
| **9/30/2019** | $12722 | $12881 | $11535 |
| **10/31/2019** | $12819 | $12991 | $11570 |
| **11/30/2019** | $12849 | $13040 | $11564 |
| **12/31/2019** | $13055 | $13167 | $11556 |
| **1/31/2020** | $13194 | $13369 | $11778 |
| **2/29/2020** | $13104 | $13367 | $11990 |
| **3/31/2020** | $11367 | $11828 | $11920 |
| **4/30/2020** | $11881 | $12312 | $12132 |
| **5/31/2020** | $12394 | $12794 | $12188 |
| **6/30/2020** | $12740 | $13146 | $12265 |
| **7/31/2020** | $13087 | $13451 | $12448 |
| **8/31/2020** | $13227 | $13572 | $12348 |
| **9/30/2020** | $13109 | $13507 | $12341 |
| **10/31/2020** | $13172 | $13541 | $12286 |
| **11/30/2020** | $13609 | $13902 | $12406 |
| **12/31/2020** | $13838 | $14106 | $12423 |
| **1/31/2021** | $13813 | $14096 | $12334 |
| **2/28/2021** | $13781 | $14082 | $12156 |
| **3/31/2021** | $13617 | $13993 | $12005 |
| **4/30/2021** | $13691 | $14076 | $12099 |
| **5/31/2021** | $13791 | $14167 | $12139 |
| **6/30/2021** | $13872 | $14286 | $12224 |
| **7/31/2021** | $13890 | $14317 | $12361 |
| **8/31/2021** | $14021 | $14418 | $12337 |
| **9/30/2021** | $13931 | $14322 | $12230 |
| **10/31/2021** | $13874 | $14255 | $12227 |
| **11/30/2021** | $13737 | $14177 | $12263 |
| **12/31/2021** | $13810 | $14234 | $12232 |
| **1/31/2022** | $13565 | $13996 | $11968 |
| **2/28/2022** | $12979 | $13318 | $11835 |
| **3/31/2022** | $12740 | $12979 | $11506 |
| **4/30/2022** | $12364 | $12712 | $11069 |
| **5/31/2022** | $12293 | $12637 | $11141 |
| **6/30/2022** | $11839 | $12250 | $10966 |
| **7/31/2022** | $12047 | $12378 | $11234 |
| **8/31/2022** | $12127 | $12401 | $10917 |
| **9/30/2022** | $11596 | $11926 | $10445 |
| **10/31/2022** | $11430 | $11681 | $10310 |
| **11/30/2022** | $12084 | $12299 | $10689 |
| **12/31/2022** | $12290 | $12489 | $10641 |
| **1/31/2023** | $12665 | $12869 | $10968 |
| **2/28/2023** | $12381 | $12663 | $10684 |
| **3/31/2023** | $12444 | $12768 | $10956 |
| **4/30/2023** | $12534 | $12881 | $11022 |
| **5/31/2023** | $12431 | $12805 | $10902 |
| **6/30/2023** | $12531 | $12944 | $10863 |
| **7/31/2023** | $12654 | $13070 | $10856 |
| **8/31/2023** | $12531 | $13012 | $10786 |
| **9/30/2023** | $12444 | $12911 | $10512 |
| **10/31/2023** | $12260 | $12753 | $10346 |
| **11/30/2023** | $12756 | $13218 | $10815 |
| **12/31/2023** | $13174 | $13623 | $11229 |
| **1/31/2024** | $13202 | $13703 | $11198 |
| **2/29/2024** | $13302 | $13801 | $11040 |
| **3/31/2024** | $13454 | $13939 | $11142 |
| **4/30/2024** | $13310 | $13816 | $10860 |
| **5/31/2024** | $13514 | $14017 | $11044 |
| **6/30/2024** | $13585 | $14147 | $11149 |
| **7/31/2024** | $13790 | $14359 | $11409 |
| **8/31/2024** | $13987 | $14602 | $11573 |
| **9/30/2024** | $14196 | $14781 | $11728 |
| **10/31/2024** | $14078 | $14654 | $11437 |
| **11/30/2024** | $14129 | $14742 | $11558 |
| **12/31/2024** | $14061 | $14662 | $11369 |
| **1/31/2025** | $14186 | $14779 | $11430 |
| **2/28/2025** | $14386 | $15008 | $11681 |
| **3/31/2025** | $14375 | $15018 | $11685 |
| **4/30/2025** | $14289 | $14953 | $11731 |
| **5/31/2025** | $14394 | $15044 | $11647 |
| **6/30/2025** | $14609 | $15254 | $11826 |
| **7/31/2025** | $14749 | $15392 | $11795 |
| **8/31/2025** | $14934 | $15590 | $11936 |
| **9/30/2025** | $15109 | $15739 | $12067 |
| **10/31/2025** | $15176 | $15828 | $12142 |
| **11/30/2025** | $15188 | $15866 | $12217 |
| **12/31/2025** | $15262 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R5 at NAV | 8.54% | 1.98% | 4.32% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R5

# LCDTX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8763-R5

#### 02/26
![Image](i48870da658b7f75eec440d2d.jpg)

# Class R6

# LCDVX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments
This annual shareholder report contains important information about the Lord Abbett Emerging Markets Corporate Debt Fund for the period of January 1, 2025 to December 31, 2025. You can find additional information about the Fund at lordabbett.com/FundDocuments. You can also request this information by contacting us at 888-522-2388. **This report describes changes to the Fund that occurred during the reporting period.**

## **What were the Fund costs for the last year?** 

## *(based on a hypothetical $10,000 investment)* 

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $79 | 0.76% |

---

## How did the Fund perform last year and what affected its performance?
For the fiscal year ended December 31, 2025, the Fund returned 8.63%, reflecting performance at the net asset value (NAV) of Class R6 shares, with all distributions reinvested, compared to the 8.72% return of a securities market index with investment characteristics similar to those of the Fund, the JPM CEMBI Broad Diversified Index. The Fund's broad-based securities market index, the Bloomberg U.S. Aggregate Bond Index, returned 7.30% over the same period. The Fund's use of derivatives detracted from relative performance over the period.

Performance over the period was heavily influenced by the Trump administration's April "Liberation Day" tariff announcement, which introduced a sharp rise in policy uncertainty and contributed to meaningful volatility. Mixed economic data throughout the period including softer inflation prints, signs of labor market cooling, and fluctuations in personal income and spending led to shifts in market expectations around the U.S. Federal Reserve's policy strategy. These macro headwinds were offset by strong corporate earnings, continued resilience in consumer spending, and ongoing AI-driven investment, while easing trade tensions later in the period helped stabilize sentiment.

**Top contributors to performance:** Security selection within the Energy sector (South & Central America, Central Asia). Security selection within the Basic Industry sector (South & Central America, Asia Pacific).

**Top detractors from performance:** Security selection within the Consumer Cyclical sector (Asia Pacific, South & Central America). Security selection within the Financials sector (Asia Pacific).

## **Fund Performance** 

### Total Return Based on $10,000 Investment
![Growth of 10K Chart](idc28dfe3b0d97933230fa84f.jpg)

---

| | | | |
|:---|:---|:---|:---|
| | **Class R6** | **JPM CEMBI Broad Diversified Index** | **Bloomberg U.S. Aggregate Bond Index** |
| **12/31/2015** | $10000 | $10000 | $10000 |
| **1/31/2016** | $9976 | $9964 | $10138 |
| **2/29/2016** | $10086 | $10067 | $10210 |
| **3/31/2016** | $10444 | $10389 | $10303 |
| **4/30/2016** | $10628 | $10568 | $10343 |
| **5/31/2016** | $10661 | $10591 | $10345 |
| **6/30/2016** | $10827 | $10780 | $10531 |
| **7/31/2016** | $10995 | $10951 | $10598 |
| **8/31/2016** | $11149 | $11095 | $10586 |
| **9/30/2016** | $11140 | $11111 | $10580 |
| **10/31/2016** | $11123 | $11110 | $10499 |
| **11/30/2016** | $10841 | $10880 | $10250 |
| **12/31/2016** | $10926 | $10965 | $10265 |
| **1/31/2017** | $11092 | $11101 | $10285 |
| **2/28/2017** | $11273 | $11256 | $10354 |
| **3/31/2017** | $11301 | $11291 | $10349 |
| **4/30/2017** | $11431 | $11418 | $10428 |
| **5/31/2017** | $11496 | $11491 | $10509 |
| **6/30/2017** | $11510 | $11514 | $10498 |
| **7/31/2017** | $11621 | $11605 | $10543 |
| **8/31/2017** | $11763 | $11717 | $10638 |
| **9/30/2017** | $11820 | $11757 | $10587 |
| **10/31/2017** | $11887 | $11797 | $10593 |
| **11/30/2017** | $11877 | $11801 | $10580 |
| **12/31/2017** | $11910 | $11838 | $10628 |
| **1/31/2018** | $11963 | $11846 | $10506 |
| **2/28/2018** | $11823 | $11727 | $10406 |
| **3/31/2018** | $11736 | $11705 | $10473 |
| **4/30/2018** | $11665 | $11628 | $10395 |
| **5/31/2018** | $11517 | $11546 | $10469 |
| **6/30/2018** | $11399 | $11498 | $10456 |
| **7/31/2018** | $11648 | $11664 | $10459 |
| **8/31/2018** | $11441 | $11539 | $10526 |
| **9/30/2018** | $11589 | $11648 | $10458 |
| **10/31/2018** | $11499 | $11578 | $10376 |
| **11/30/2018** | $11428 | $11560 | $10438 |
| **12/31/2018** | $11517 | $11643 | $10629 |
| **1/31/2019** | $11888 | $11959 | $10742 |
| **2/28/2019** | $12043 | $12088 | $10736 |
| **3/31/2019** | $12150 | $12242 | $10942 |
| **4/30/2019** | $12258 | $12338 | $10945 |
| **5/31/2019** | $12268 | $12398 | $11139 |
| **6/30/2019** | $12598 | $12671 | $11279 |
| **7/31/2019** | $12739 | $12784 | $11304 |
| **8/31/2019** | $12641 | $12801 | $11597 |
| **9/30/2019** | $12792 | $12881 | $11535 |
| **10/31/2019** | $12882 | $12991 | $11570 |
| **11/30/2019** | $12914 | $13040 | $11564 |
| **12/31/2019** | $13123 | $13167 | $11556 |
| **1/31/2020** | $13263 | $13369 | $11778 |
| **2/29/2020** | $13175 | $13367 | $11990 |
| **3/31/2020** | $11429 | $11828 | $11920 |
| **4/30/2020** | $11948 | $12312 | $12132 |
| **5/31/2020** | $12474 | $12794 | $12188 |
| **6/30/2020** | $12815 | $13146 | $12265 |
| **7/31/2020** | $13166 | $13451 | $12448 |
| **8/31/2020** | $13309 | $13572 | $12348 |
| **9/30/2020** | $13200 | $13507 | $12341 |
| **10/31/2020** | $13257 | $13541 | $12286 |
| **11/30/2020** | $13699 | $13902 | $12406 |
| **12/31/2020** | $13931 | $14106 | $12423 |
| **1/31/2021** | $13908 | $14096 | $12334 |
| **2/28/2021** | $13878 | $14082 | $12156 |
| **3/31/2021** | $13714 | $13993 | $12005 |
| **4/30/2021** | $13800 | $14076 | $12099 |
| **5/31/2021** | $13895 | $14167 | $12139 |
| **6/30/2021** | $13988 | $14286 | $12224 |
| **7/31/2021** | $14007 | $14317 | $12361 |
| **8/31/2021** | $14133 | $14418 | $12337 |
| **9/30/2021** | $14044 | $14322 | $12230 |
| **10/31/2021** | $13997 | $14255 | $12227 |
| **11/30/2021** | $13853 | $14177 | $12263 |
| **12/31/2021** | $13937 | $14234 | $12232 |
| **1/31/2022** | $13683 | $13996 | $11968 |
| **2/28/2022** | $13094 | $13318 | $11835 |
| **3/31/2022** | $12854 | $12979 | $11506 |
| **4/30/2022** | $12476 | $12712 | $11069 |
| **5/31/2022** | $12406 | $12637 | $11141 |
| **6/30/2022** | $11950 | $12250 | $10966 |
| **7/31/2022** | $12161 | $12378 | $11234 |
| **8/31/2022** | $12243 | $12401 | $10917 |
| **9/30/2022** | $11709 | $11926 | $10445 |
| **10/31/2022** | $11542 | $11681 | $10310 |
| **11/30/2022** | $12203 | $12299 | $10689 |
| **12/31/2022** | $12423 | $12489 | $10641 |
| **1/31/2023** | $12793 | $12869 | $10968 |
| **2/28/2023** | $12507 | $12663 | $10684 |
| **3/31/2023** | $12571 | $12768 | $10956 |
| **4/30/2023** | $12674 | $12881 | $11022 |
| **5/31/2023** | $12561 | $12805 | $10902 |
| **6/30/2023** | $12664 | $12944 | $10863 |
| **7/31/2023** | $12790 | $13070 | $10856 |
| **8/31/2023** | $12666 | $13012 | $10786 |
| **9/30/2023** | $12581 | $12911 | $10512 |
| **10/31/2023** | $12396 | $12753 | $10346 |
| **11/30/2023** | $12899 | $13218 | $10815 |
| **12/31/2023** | $13323 | $13623 | $11229 |
| **1/31/2024** | $13353 | $13703 | $11198 |
| **2/29/2024** | $13456 | $13801 | $11040 |
| **3/31/2024** | $13611 | $13939 | $11142 |
| **4/30/2024** | $13467 | $13816 | $10860 |
| **5/31/2024** | $13675 | $14017 | $11044 |
| **6/30/2024** | $13759 | $14147 | $11149 |
| **7/31/2024** | $13968 | $14359 | $11409 |
| **8/31/2024** | $14159 | $14602 | $11573 |
| **9/30/2024** | $14381 | $14781 | $11728 |
| **10/31/2024** | $14253 | $14654 | $11437 |
| **11/30/2024** | $14316 | $14742 | $11558 |
| **12/31/2024** | $14238 | $14662 | $11369 |
| **1/31/2025** | $14376 | $14779 | $11430 |
| **2/28/2025** | $14579 | $15008 | $11681 |
| **3/31/2025** | $14570 | $15018 | $11685 |
| **4/30/2025** | $14472 | $14953 | $11731 |
| **5/31/2025** | $14580 | $15044 | $11647 |
| **6/30/2025** | $14799 | $15254 | $11826 |
| **7/31/2025** | $14941 | $15392 | $11795 |
| **8/31/2025** | $15130 | $15590 | $11936 |
| **9/30/2025** | $15309 | $15739 | $12067 |
| **10/31/2025** | $15378 | $15828 | $12142 |
| **11/30/2025** | $15390 | $15866 | $12217 |
| **12/31/2025** | $15467 | $15942 | $12199 |

---

The Fund's benchmarks are unmanaged indices used as a general measure of market performance. Calculations assume the reinvestment of dividends and capital gains.

## **Average Annual Total Returns (%)** 

---

| | | | |
|:---|:---|:---|:---|
| AATR | 1 Year | 5 Years | 10 Years |
| Class R6 at NAV | 8.63% | 2.11% | 4.46% |
| JPM CEMBI Broad Diversified Index | 8.72% | 2.48% | 4.77% |
| Bloomberg U.S. Aggregate Bond Index | 7.30% | (0.36%) | 2.01% |

---

**The Fund's past performance is no guarantee of future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.** 

## **Key Fund Statistics** 
(as of *December 31, 2025*)

---

| | |
|:---|:---|
| Total Net Assets | $20572674 |
| # of Portfolio Holdings | 112 |
| Portfolio Turnover Rate | 69% |
| Total Advisory Fees Paid | $0 |

---

## **What did the Fund invest in?** 
(as of December 31, 2025)

---

| | |
|:---|:---|
| **Portfolio Holdings Presented by Portfolio Allocation** | **%<sup>Footnote Reference\*</sup>** |
| Common Stocks | 0.01% |
| Convertible Bonds | 1.02% |
| Corporate Bonds | 90.79% |
| Foreign Government Obligations | 4.06% |
| Repurchase Agreements | 4.12% |
| **Total** | **100.00%** |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote\* | &nbsp;&nbsp;Represents percent of total investments, which excludes derivatives. |

---

## **Summary of Fund Changes** 
This is a summary of certain changes to the Fund that occurred during the reporting period, except as otherwise noted. For more information contact 888-522-2388.

The Fund was liquidated and dissolved effective February 13, 2026. As a result, the Fund ceased to be offered for shareholder purchase effective January 2, 2026.

## **Where can I find additional information about the Fund?** 
For additional information about the Fund, including its Prospectus, Statement of Additional Information, financial statements, holdings and proxy information, please visit lordabbett.com/FundDocuments.

The Fund has adopted a policy that allows it to send only one copy of the Fund's prospectus, proxy material, annual report and semiannual report (or related notice of internet availability of annual report and semiannual report) to certain shareholders residing at the same "household." This reduces Fund expenses, which benefits you and other shareholders. If you need additional copies or do not want your mailings to be "householded," please call Lord Abbett at 888-522-2388.

![Image](i217079a8bd84c1fd82e80892.jpg)

# Class R6

# LCDVX

# Lord Abbett Emerging Markets Corporate Debt Fund

#### Annual Shareholder Report

#### December 31, 2025

#### lordabbett.com/FundDocuments

#### TSR-A-8795-R6

#### 02/26
(b) Not applicable.

---

| | |
|:---|:---|
| **Item 2:** | **Code of Ethics.** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In accordance with applicable requirements, the Registrant adopted a Sarbanes-Oxley Code of Ethics on June 19, 2003 that applies
to the principal executive officer and senior financial officers of the Registrant ("Code of Ethics"). The Code of
Ethics was in effect during the fiscal year ended December 31, 2025 (the "Period").

(b) Not applicable.

(c) The Registrant has not amended the Code of Ethics as described in Form N-CSR during the Period.

(d) The Registrant has not granted any waiver, including an implicit waiver, from a provision of the Code of Ethics as described
in Form N-CSR during the Period.

(e) Not applicable.

(f) See Item 19(a)(1) concerning the
filing of the Code of Ethics.

---

| | |
|:---|:---|
| **Item 3:** | **Audit Committee Financial Expert.** |
|  | The Registrant's board of directors has determined that each of the following independent directors who are members of the audit committee is an audit committee financial expert: Evelyn E. Guernsey, Karla M. Rabusch, and Peter J. McNamara. Each of these persons is independent within the meaning of the Form N-CSR. |

---

---

| | |
|:---|:---|
| **Item 4:** | **Principal Accountant Fees and Services.** |
|  | In response to sections (a), (b), (c) and (d) of Item 4, the aggregate fees billed to the Registrant for the fiscal years ended December 31, 2025 and 2024 by the Registrant's principal accounting firm, Deloitte & Touche LLP, the member firms of Deloitte Touche Tohmatsu and their respective affiliates (collectively, "Deloitte") were as follows: |

---

---

| | | |
|:---|:---|:---|
|  | *Fiscal year ended:* | *Fiscal year ended:* |
|  | *2025* | *2024* |
| Audit Fees {a} | $102000 | $109000 |
| Audit-Related Fees | - 0 - | - 0 - |
| Total audit and audit-related fees | 102000 | 109000 |
| Tax Fees | - 0 - | - 0 - |
| All Other Fees {b} | - 0 - | - 0 - |
| &nbsp;&nbsp;&nbsp;Total Fees | $102000 | $109000 |

---

{a} Consists of fees for audits of the Registrant's annual financial statements.

{b} Fees for the fiscal year ended December 31, 2025 and 2024 consist of fees for services related to the recovery of excess dividend withholding taxes in certain jurisdictions.

(e) (1) Pursuant to Rule 2-01(c) (7) of Regulation S-X, the Registrant's Audit Committee has adopted pre-approval policies and procedures. Such policies and procedures generally provide that the Audit Committee must pre-approve:

● any audit, audit-related, tax, and other services to be provided to the Lord Abbett Funds, including the Registrant, and

● any audit-related, tax, and other services to be provided to the Registrant's investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to one or more Funds comprising the Registrant if the engagement relates directly to operations and financial reporting of a Fund, by the independent auditor to assure that the provision of such services does not impair the auditor's independence.

The Audit Committee has delegated pre-approval authority to its Chair subject to a fee limit of $10,000 per event, and not to exceed $25,000 annually. The Chair will report any pre-approval decisions to the Audit Committee at its next scheduled meeting. Unless a type of service to be provided by the independent auditor has received general pre-approval, it must be pre-approved by the Audit Committee. Any proposed services exceeding pre-approved cost levels will require specific pre-approval by the Audit Committee.

(e) (2) The Registrant's Audit Committee has approved 100% of the services described in paragraphs (b) through (d) of this Item 4, no amount was approved by the Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

(f) Not applicable.

(g) The aggregate non-audit fees billed by Deloitte for services rendered to the Registrant are shown above in the response to Item 4 (a), (b), (c) and (d) as "All Other Fees".

The aggregate non-audit fees billed by Deloitte for services rendered to the Registrant's investment adviser, Lord, Abbett & Co. LLC ("Lord Abbett"), for the fiscal years ended December 31, 2025 and 2024 were:

---

| | | |
|:---|:---|:---|
|  | *Fiscal year ended:* | *Fiscal year ended:* |
|  | *2025* | *2024* |
| All Other Fees {a} | $260000 | $250000 |

---

{a} Consist of fees for Independent Services Auditors' Report on Controls Placed in Operation and Tests of Operating Effectiveness related to Lord Abbett's Asset Management Services ("SOC-1 Report").

The aggregate non-audit fees billed by Deloitte for services rendered to entities under the common control of Lord Abbett for the fiscal years ended December 31, 2025 and 2024 were:

---

| | | |
|:---|:---|:---|
|  | Fiscal year ended: | Fiscal year ended: |
|  | 2025 | 2024 |
| All Other Fees | $- 0 - | $- 0- |

---

(h) The Registrant's Audit Committee has considered the provision of non-audit services that were rendered to the Registrant's investment adviser, and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant, that were not pre-approved pursuant to Rule 2-01 (c)(7)(ii) of Regulation S-X and has determined that the provision of such services is compatible with maintaining Deloitte's independence.

(i) Not Applicable.

(j) Not Applicable.

---

| | |
|:---|:---|
| **Item 5:** | **Audit Committee of Listed Registrants.** |
|  | Not applicable. |

---

---

| | |
|:---|:---|
| **Item 6:** | **Investments.** |
|  | The Registrant's "Schedule I – Investments in securities of unaffiliated issuers" as of the close of the reporting period is included under Item 7 of this Form N-CSR. |
| **Item 7:** | **Financial Statements and Financial Highlights for Open-End Management Investment Companies.** |
| **Item 8:** | **Changes in and Disagreements with Accountants for Open-End Management Investment Companies.** |
| **Item 9:** | **Proxy Disclosures for Open-End Management Investment Companies.** |
| **Item 10:** | **Remuneration Paid to Directors, Officers, and Others for Open-End Management Investment Companies.** |

---

---

| | |
|:---|:---|
| **Item 11:** | **Statement Regarding Basis for Approval of Investment Advisory Contract.** |
|  | The Fund's Board of Directors did not approve any investment advisory contract during the Fund's most recent fiscal half-year. |

---

![](x7_c114835x1x1m4.jpg)

LORD ABBETT

FINANCIAL STATEMENTS

AND OTHER IMPORTANT

INFORMATION

Lord Abbett

Emerging Markets Bond Fund

Emerging Markets Corporate Debt Fund

*For the fiscal year ended December 31, 2025*

**Table of Contents**

---

| | |
|:---|:---|
|  | [**Schedules of Investments (Item 7)**](#xx7xc114835a012xm4) |
| 1 | [Emerging Markets Bond Fund](#xx7xc114835a001xm4) |
| 15 | [Emerging Markets Corporate Debt Fund](#xx7xc114835a002xm4) |
| 25 | [**Statements of Assets and Liabilities (Item 7)**](#xx7xc114835a003xm4) |
| 27 | [**Statements of Operations (Item 7)**](#xx7xc114835a004xm4) |
| 28 | [**Statements of Changes in Net Assets (Item 7)**](#xx7xc114835a005xm4) |
| 30 | [**Financial Highlights (Item 7)**](#xx7xc114835a006xm4) |
| 38 | [**Notes to Financial Statements (Item 7)**](#xx7xc114835a007xm4) |
| 60 | [**Report of Independent Registered Public Accounting Firm (Item 7)**](#xx7xc114835a008xm4) |
| 61 | [**Changes in and Disagreements with Accountants (Item 8)**](#xx7xc114835a009xm4) |
| 61 | [**Proxy Disclosures (Item 9)**](#xx7xc114835a010xm4) |
| 61 | [**Remuneration Paid to Directors, Officers, and Others (Item 10)**](#xx7xc114835a011xm4) |

---

**Schedule of Investments**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **LONG-TERM INVESTMENTS 94.57%** |  |  |  |  |  |
| **CORPORATE BONDS 25.00%** |  |  |  |  |  |
| **Argentina 0.28%** |  |  |  |  |  |
| *Energy-Alternate Sources* |  |  |  |  |  |
| YPF Energia Electrica SA<sup>†</sup> | 7.875% |  | 10/16/2032 | $343000 | $344477 |
| **Brazil 0.93%** |  |  |  |  |  |
| *Iron-Steel 0.65%* |  |  |  |  |  |
| Samarco Mineracao SA | 9.50% |  | 6/30/2031 | 320755 | 325291 |
| Vale Overseas Ltd. | 6.40% |  | 6/28/2054 | 460000 | 469890 |
|  |  |  |  |  | 795181 |
| *Oil & Gas 0.28%* |  |  |  |  |  |
| Petrobras Global Finance BV | 5.125% |  | 9/10/2030 | 350000 | 343413 |
| *Total Brazil* |  |  |  |  | 1138594 |
| **Chile 1.92%** |  |  |  |  |  |
| *Banks 0.18%* |  |  |  |  |  |
| Banco de Credito e Inversiones SA<sup>†</sup> | 8.75% <br> (5 yr. CMT + 4.94% |)<sup>#</sup> | – <sup>(a)</sup> | 200000 | 216373 |
| *Electric 0.49%* |  |  |  |  |  |
| Alfa Desarrollo SpA<sup>†</sup> | 4.55% |  | 9/27/2051 | 492239 | 397935 |
| Chile Electricity Lux MPC II SARL<sup>†</sup> | 5.58% |  | 10/20/2035 | 195501 | 200645 |
|  |  |  |  |  | 598580 |
| *Mining 1.25%* |  |  |  |  |  |
| Antofagasta PLC<sup>†</sup> | 6.25% |  | 5/2/2034 | 200000 | 215629 |
| Corp. Nacional del Cobre de Chile | 3.75% |  | 1/15/2031 | 850000 | 816676 |
| Corp. Nacional del Cobre de Chile<sup>†</sup> | 6.30% |  | 9/8/2053 | 500000 | 512272 |
|  |  |  |  |  | 1544577 |
| *Total Chile* |  |  |  |  | 2359530 |
| **China 1.04%** |  |  |  |  |  |
| *Internet 0.69%* |  |  |  |  |  |
| Meituan<sup>†</sup> | 5.125% |  | 11/5/2035 | 400000 | 396082 |
| Prosus NV<sup>†</sup> | 3.832% |  | 2/8/2051 | 675000 | 450035 |
|  |  |  |  |  | 846117 |
| *Investment Companies 0.35%* |  |  |  |  |  |
| CFAMC IV Co. Ltd. | 4.50% |  | 5/29/2029 | 430000 | 427645 |
| *Total China* |  |  |  |  | 1273762 |
| **Colombia 0.78%** |  |  |  |  |  |
| *Food 0.46%* |  |  |  |  |  |
| Grupo Nutresa SA<sup>†</sup> | 9.00% |  | 5/12/2035 | 500000 | 565354 |

---

<br> *See Notes to Financial Statements.* 1

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Colombia (continued)** |  |  |  |  |
| *Pipelines 0.32%* |  |  |  |  |
| AL Candelaria - spain- SA<sup>†</sup> | 5.75% | 6/15/2033 | $437000 | $388119 |
| *Total Colombia* |  |  |  | 953473 |
| **Czech Republic 0.17%** |  |  |  |  |
| *Aerospace/Defense* |  |  |  |  |
| Czechoslovak Group AS<sup>†</sup> | 6.50% | 1/10/2031 | 200000 | 205702 |
| **Dominican Republic 0.49%** |  |  |  |  |
| *Energy-Alternate Sources* |  |  |  |  |
| Empresa Generadora de Electricidad Haina SA<sup>†</sup> | 5.625% | 11/8/2028 | 610000 | 599523 |
| **El Salvador 0.20%** |  |  |  |  |
| *Electric* |  |  |  |  |
| Comision Ejecutiva Hidroelectrica del Rio Lempa<sup>†</sup> | 8.65% | 1/24/2033 | 229000 | 245946 |
| **Hong Kong 0.57%** |  |  |  |  |
| *Insurance 0.41%* |  |  |  |  |
| FWD Group Holdings Ltd.<sup>†</sup> | 5.836% | 9/22/2035 | 500000 | 506329 |
| *Lodging 0.16%* |  |  |  |  |
| Melco Resorts Finance Ltd.<sup>†</sup> | 6.50% | 9/24/2033 | 200000 | 200692 |
| *Total Hong Kong* |  |  |  | 707021 |
| **India 0.25%** |  |  |  |  |
| *Diversified Financial Services* |  |  |  |  |
| Muthoot Finance Ltd. | 6.375% | 4/23/2029 | 300000 | 304770 |
| **Indonesia 1.39%** |  |  |  |  |
| *Electric 0.53%* |  |  |  |  |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara<sup>†</sup> | 4.00% | 6/30/2050 | 880000 | 653564 |
| *Mining 0.60%* |  |  |  |  |
| Freeport Indonesia PT<sup>†</sup> | 4.763% | 4/14/2027 | 300000 | 302015 |
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 5.45% | 5/15/2030 | 230000 | 237561 |
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 5.80% | 5/15/2050 | 200000 | 196080 |
|  |  |  |  | 735656 |
| *Oil & Gas 0.26%* |  |  |  |  |
| Pertamina Persero PT<sup>†</sup> | 5.625% | 5/20/2043 | 330000 | 323751 |
| *Total Indonesia* |  |  |  | 1712971 |
| **Ivory Coast 0.22%** |  |  |  |  |
| *Mining* |  |  |  |  |
| Endeavour Mining PLC<sup>†</sup> | 7.00% | 5/28/2030 | 265000 | 274035 |

---

<br> 2 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Kazakhstan 0.95%** |  |  |  |  |  |
| *Oil & Gas 0.42%* |  |  |  |  |  |
| Tengizchevroil Finance Co. International Ltd.<sup>†</sup> | 3.25% |  | 8/15/2030 | $560000 | $520183 |
| *Pipelines 0.53%* |  |  |  |  |  |
| QazaqGaz NC JSC<sup>†</sup> | 4.375% |  | 9/26/2027 | 650000 | 648463 |
| *Total Kazakhstan* |  |  |  |  | 1168646 |
| **Kuwait 0.42%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| NBK Tier 1 Ltd.<sup>†</sup> | 6.375%<br> (6 yr. CMT + 2.40% |)<sup>#</sup> | – <sup>(a)</sup> | 500000 | 512309 |
| **Macau 0.58%** |  |  |  |  |  |
| *Lodging* |  |  |  |  |  |
| MGM China Holdings Ltd. | 4.75% |  | 2/1/2027 | 385000 | 383625 |
| Wynn Macau Ltd.<sup>†</sup> | 6.75% |  | 2/15/2034 | 331000 | 335558 |
| *Total Macau* |  |  |  |  | 719183 |
| **Malaysia 1.25%** |  |  |  |  |  |
| *Oil & Gas* |  |  |  |  |  |
| Petronas Capital Ltd.<sup>†</sup> | 2.48% |  | 1/28/2032 | 650000 | 583836 |
| Petronas Capital Ltd.<sup>†</sup> | 3.404% |  | 4/28/2061 | 600000 | 408344 |
| Petronas Capital Ltd.<sup>†</sup> | 5.848% |  | 4/3/2055 | 522000 | 546491 |
| *Total Malaysia* |  |  |  |  | 1538671 |
| **Mexico 4.34%** |  |  |  |  |  |
| *Banks 0.43%* |  |  |  |  |  |
| Banco Nacional de Comercio Exterior SNC | 2.72%<br> (5 yr. CMT + 2.00% |)<sup>#</sup> | 8/11/2031 | 250000 | 246295 |
| Banco Nacional de Comercio Exterior SNC<sup>†</sup> | 5.875% |  | 5/7/2030 | 273000 | 282883 |
|  |  |  |  |  | 529178 |
| *Electric 0.75%* |  |  |  |  |  |
| Comision Federal de Electricidad | 3.348% |  | 2/9/2031 | 400000 | 363682 |
| Comision Federal de Electricidad | 3.875% |  | 7/26/2033 | 350000 | 310347 |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple<sup>†</sup> | 7.25% |  | 1/31/2041 | 232769 | 245055 |
|  |  |  |  |  | 919084 |
| *Oil & Gas 3.00%* |  |  |  |  |  |
| Petroleos Mexicanos | 6.625% |  | 6/15/2035 | 333000 | 316204 |
| Petroleos Mexicanos | 6.70% |  | 2/16/2032 | 784000 | 782397 |
| Petroleos Mexicanos | 6.75% |  | 9/21/2047 | 1000000 | 822869 |
| Petroleos Mexicanos | 7.69% |  | 1/23/2050 | 350000 | 313907 |
| Petroleos Mexicanos | 8.75% |  | 6/2/2029 | 1040000 | 1115630 |
| Petroleos Mexicanos | 10.00% |  | 2/7/2033 | 300000 | 347828 |
|  |  |  |  |  | 3698835 |

---

<br> *See Notes to Financial Statements.* 3

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Mexico (continued)** |  |  |  |  |  |
| *REITS 0.16%* |  |  |  |  |  |
| CFE Fibra E<sup>†</sup> | 5.875% |  | 9/23/2040 | $198334 | $198446 |
| *Total Mexico* |  |  |  |  | 5345543 |
| **Morocco 0.49%** |  |  |  |  |  |
| *Chemicals* |  |  |  |  |  |
| OCP SA<sup>†</sup> | 5.125% |  | 6/23/2051 | 350000 | 290063 |
| OCP SA<sup>†</sup> | 6.10% |  | 4/30/2030 | 300000 | 313717 |
| *Total Morocco* |  |  |  |  | 603780 |
| **Oman 0.48%** |  |  |  |  |  |
| *Electric* |  |  |  |  |  |
| AL Jawaher Assets Co. Spc<sup>†</sup> | 4.662% |  | 10/29/2030 | 600000 | 595343 |
| **Panama 0.45%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Multibank, Inc. | 7.75% |  | 2/3/2028 | 530000 | 549613 |
| **Peru 0.35%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Banco BBVA Peru SA<sup>†</sup> | 6.20%<br> (5 yr. CMT + 2.00% |)<sup>#</sup> | 6/7/2034 | 415000 | 431998 |
| **Poland 0.56%** |  |  |  |  |  |
| *Oil & Gas* |  |  |  |  |  |
| ORLEN SA<sup>†</sup> | 6.00% |  | 1/30/2035 | 653000 | 689266 |
| **Qatar 0.43%** |  |  |  |  |  |
| *Oil & Gas* |  |  |  |  |  |
| QatarEnergy<sup>†</sup> | 3.30% |  | 7/12/2051 | 750000 | 525829 |
| **Saudi Arabia 0.99%** |  |  |  |  |  |
| *Investment Companies 0.65%* |  |  |  |  |  |
| Gaci First Investment Co. | 4.875% |  | 2/14/2035 | 350000 | 348843 |
| Gaci First Investment Co. | 5.25% |  | 1/29/2030 | 440000 | 453769 |
|  |  |  |  |  | 802612 |
| *Oil & Gas 0.34%* |  |  |  |  |  |
| Saudi Arabian Oil Co. | 6.375% |  | 6/2/2055 | 400000 | 418663 |
| *Total Saudi Arabia* |  |  |  |  | 1221275 |
| **South Africa 0.42%** |  |  |  |  |  |
| *Electric 0.25%* |  |  |  |  |  |
| Eskom Holdings | 6.35% |  | 8/10/2028 | 300000 | 311244 |

---

<br> 4 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **South Africa (continued)** |  |  |  |  |  |
| *Mining 0.17%* |  |  |  |  |  |
| Windfall Mining Group, Inc./Groupe Minier Windfall, Inc.<sup>†</sup> | 5.854% |  | 5/13/2032 | $200000 | $209023 |
| *Total South Africa* |  |  |  |  | 520267 |
| **Turkey 1.30%** |  |  |  |  |  |
| *Banks 0.34%* |  |  |  |  |  |
| Turkiye Garanti Bankasi AS<sup>†</sup> | 8.125% <br> (5 yr. CMT + 3.84% |)<sup>#</sup> | 1/3/2035 | 400000 | 416800 |
| *Commercial Services 0.49%* |  |  |  |  |  |
| Limak Iskenderun Uluslararasi Liman Isletmeciligi AS | 9.50% |  | 7/10/2036 | 589874 | 600747 |
| *Mining 0.47%* |  |  |  |  |  |
| WE Soda Investments Holding PLC<sup>†</sup> | 9.375% |  | 2/14/2031 | 576000 | 578976 |
| *Total Turkey* |  |  |  |  | 1596523 |
| **United Arab Emirates 2.01%** |  |  |  |  |  |
| *Electric 0.24%* |  |  |  |  |  |
| Abu Dhabi National Energy Co. PJSC | 4.75% |  | 3/9/2037 | 300000 | 294525 |
| *Energy-Alternate Sources 0.43%* |  |  |  |  |  |
| Sweihan PV Power Co. PJSC<sup>†</sup> | 3.625% |  | 1/31/2049 | 613787 | 528873 |
| *Investment Companies 0.68%* |  |  |  |  |  |
| MDGH GMTN RSC Ltd. | 5.875% |  | 5/1/2034 | 770000 | 837363 |
| *Pipelines 0.66%* |  |  |  |  |  |
| Galaxy Pipeline Assets Bidco Ltd.<sup>†</sup> | 3.25% |  | 9/30/2040 | 1000000 | 818708 |
| *Total United Arab Emirates* |  |  |  |  | 2479469 |
| **United Kingdom 0.17%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Standard Chartered PLC<sup>†</sup> | 7.875% <br> (5 yr. CMT + 3.57% |)<sup>#</sup> | – <sup>(a)</sup> | 200000 | 214318 |
| **United States 0.14%** |  |  |  |  |  |
| *Oil & Gas* |  |  |  |  |  |
| CITGO Petroleum Corp.<sup>†</sup> | 8.375% |  | 1/15/2029 | 168000 | 175317 |
| **Uzbekistan 0.47%** |  |  |  |  |  |
| *Mining* |  |  |  |  |  |
| Navoi Mining & Metallurgical Combinat<sup>†</sup> | 6.95% |  | 10/17/2031 | 272000 | 290671 |
| Navoiyuran State Enterprise<sup>†</sup> | 6.70% |  | 7/2/2030 | 291000 | 293448 |
| *Total Uzbekistan* |  |  |  |  | 584119 |

---

*See Notes to Financial Statements.* 5

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Venezuela 0.54%** |  |  |  |  |
| *Oil & Gas* |  |  |  |  |
| Petroleos de Venezuela SA<sup>(b)</sup> | 9.00% | 11/17/2021 | $2592000 | $663552 |
| **Zambia 0.42%** |  |  |  |  |
| *Mining* |  |  |  |  |
| First Quantum Minerals Ltd.<sup>†</sup> | 8.00% | 3/1/2033 | 265000 | 283337 |
| First Quantum Minerals Ltd.<sup>†</sup> | 8.625% | 6/1/2031 | 225000 | 237059 |
| *Total Zambia* |  |  |  | 520396 |
| *Total Corporate Bonds* (cost $30,671,104) |  |  |  | 30775221 |
| **FOREIGN GOVERNMENT OBLIGATIONS 69.57%** |  |  |  |  |
| **Angola 0.89%** |  |  |  |  |
| Angola Government International Bonds<sup>†</sup> | 8.25% | 5/9/2028 | 600000 | 603839 |
| Angola Government International Bonds<sup>†</sup> | 9.125% | 11/26/2049 | 575000 | 494224 |
| *Total Angola* |  |  |  | 1098063 |
| **Argentina 2.95%** |  |  |  |  |
| Argentina Government International Bonds | 3.50% <sup>(c)</sup> | 7/9/2041 | 378703 | 263009 |
| Argentina Government International Bonds | 4.125% <sup>(c)</sup> | 7/9/2035 | 1631737 | 1218092 |
| Argentina Republic Government International Bonds | 0.75% <sup>(c)</sup> | 7/9/2030 | 1531425 | 1305539 |
| Argentina Republic Government International Bonds | 5.00% <sup>(c)</sup> | 1/9/2038 | 1081193 | 841709 |
| *Total Argentina* |  |  |  | 3628349 |
| **Azerbaijan 0.15%** |  |  |  |  |
| Republic of Azerbaijan International Bonds | 3.50% | 9/1/2032 | 200000 | 188254 |
| **Bahamas 0.29%** |  |  |  |  |
| Bahamas Government International Bonds<sup>†</sup> | 8.25% | 6/24/2036 | 315000 | 352271 |
| **Bahrain 1.93%** |  |  |  |  |
| Bahrain Government International Bonds<sup>†</sup> | 5.45% | 9/16/2032 | 500000 | 487075 |
| Bahrain Government International Bonds<sup>†</sup> | 7.00% | 1/26/2026 | 400000 | 400643 |
| Bahrain Government International Bonds<sup>†</sup> | 7.50% | 2/12/2036 | 700000 | 759626 |
| Bahrain Government International Bonds | 7.50% | 9/20/2047 | 700000 | 723160 |
| *Total Bahrain* |  |  |  | 2370504 |
| **Barbados 0.26%** |  |  |  |  |
| Barbados Government International Bonds<sup>†</sup> | 8.00% | 6/26/2035 | 300000 | 316425 |
| **Bolivia 0.26%** |  |  |  |  |
| Bolivia Government International Bonds | 4.50% | 3/20/2028 | 350000 | 323621 |

---

6 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Brazil 2.62%** |  |  |  |  |
| Brazil Government International Bonds | 6.125% | 3/15/2034 | $1711000 | $1732211 |
| Brazil Government International Bonds | 7.25% | 1/12/2056 | 1510000 | 1499204 |
| *Total Brazil* |  |  |  | 3231415 |
| **Chile 1.45%** |  |  |  |  |
| Chile Government International Bonds | 3.80% | 7/1/2035 | 400000 | 471805 |
| Chile Government International Bonds | 4.95% | 1/5/2036 | $730000 | 737775 |
| Chile Government International Bonds | 5.33% | 1/5/2054 | 600000 | 580455 |
| *Total Chile* |  |  |  | 1790035 |
| **Colombia 2.34%** |  |  |  |  |
| Colombia Government International Bonds | 3.75% | 9/19/2028 | 300000 | 350179 |
| Colombia Government International Bonds | 7.375% | 4/25/2030 | $608000 | 643568 |
| Colombia Government International Bonds | 7.50% | 2/2/2034 | 1200000 | 1254000 |
| Colombia Government International Bonds | 8.375% | 11/7/2054 | 600000 | 638100 |
| *Total Colombia* |  |  |  | 2885847 |
| **Costa Rica 1.08%** |  |  |  |  |
| Costa Rica Government International Bonds<sup>†</sup> | 6.55% | 4/3/2034 | 450000 | 491906 |
| Costa Rica Government International Bonds | 7.30% | 11/13/2054 | 750000 | 844219 |
| *Total Costa Rica* |  |  |  | 1336125 |
| **Dominican Republic 1.99%** |  |  |  |  |
| Dominican Republic International Bonds<sup>†</sup> | 4.50% | 1/30/2030 | 1200000 | 1174800 |
| Dominican Republic International Bonds<sup>†</sup> | 5.30% | 1/21/2041 | 750000 | 681375 |
| Dominican Republic International Bonds | 6.00% | 2/22/2033 | 580000 | 595283 |
| *Total Dominican Republic* |  |  |  | 2451458 |
| **Ecuador 1.76%** |  |  |  |  |
| Ecuador Government International Bonds<sup>†</sup> | 6.90% <sup>(c)</sup> | 7/31/2030 | 1110000 | 1098356 |
| Ecuador Government International Bonds<sup>†</sup> | 6.90% <sup>(c)</sup> | 7/31/2035 | 1205000 | 1065823 |
| *Total Ecuador* |  |  |  | 2164179 |
| **Egypt 3.48%** |  |  |  |  |
| Egypt Government International Bonds<sup>†</sup> | 7.30% | 9/30/2033 | 1720000 | 1773028 |
| Egypt Government International Bonds<sup>†</sup> | 7.903% | 2/21/2048 | 920000 | 857356 |
| Egypt Government International Bonds<sup>†</sup> | 8.625% | 2/4/2030 | 1040000 | 1157001 |
| Egypt Government International Bonds<sup>†</sup> | 8.75% | 9/30/2051 | 500000 | 501695 |
| *Total Egypt* |  |  |  | 4289080 |
| **El Salvador 0.95%** |  |  |  |  |
| El Salvador Government International Bonds | 7.65% | 6/15/2035 | 850000 | 885700 |
| El Salvador Government International Bonds<sup>†</sup> | 9.65% | 11/21/2054 | 250000 | 286875 |
| *Total El Salvador* |  |  |  | 1172575 |

---

<br> *See Notes to Financial Statements.* 7

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Ghana 1.40%** |  |  |  |  |
| Ghana Government International Bonds<sup>†</sup> | Zero Coupon | 7/3/2026 | $35360 | $34728 |
| Ghana Government International Bonds<sup>†</sup> | Zero Coupon | 1/3/2030 | 97136 | 86051 |
| Ghana Government International Bonds<sup>†</sup> | 5.00% <sup>(c)</sup> | 7/3/2029 | 534820 | 526487 |
| Ghana Government International Bonds<sup>†</sup> | 5.00% <sup>(c)</sup> | 7/3/2035 | 1169080 | 1072463 |
| *Total Ghana* |  |  |  | 1719729 |
| **Guatemala 1.13%** |  |  |  |  |
| Guatemala Government Bonds | 3.70% | 10/7/2033 | 250000 | 224469 |
| Guatemala Government Bonds<sup>†</sup> | 4.375% | 6/5/2027 | 325000 | 323375 |
| Guatemala Government Bonds<sup>†</sup> | 6.125% | 6/1/2050 | 200000 | 196475 |
| Guatemala Government Bonds<sup>†</sup> | 6.55% | 2/6/2037 | 300000 | 322200 |
| Guatemala Government Bonds<sup>†</sup> | 6.875% | 8/15/2055 | 300000 | 321375 |
| *Total Guatemala* |  |  |  | 1387894 |
| **Hungary 2.68%** |  |  |  |  |
| Hungary Government International Bonds | 5.25% | 6/16/2029 | 866000 | 884567 |
| Hungary Government International Bonds | 5.50% | 6/16/2034 | 1400000 | 1421442 |
| Hungary Government International Bonds<sup>†</sup> | 6.75% | 9/23/2055 | 950000 | 993105 |
| *Total Hungary* |  |  |  | 3299114 |
| **India 0.92%** |  |  |  |  |
| Export-Import Bank of India | 5.50% | 1/18/2033 | 1075000 | 1127556 |
| **Indonesia 1.50%** |  |  |  |  |
| Indonesia Government International Bonds | 1.85% | 3/12/2031 | 1860000 | 1639143 |
| Perusahaan Penerbit SBSN Indonesia III<sup>†</sup> | 4.70% | 6/6/2032 | 200000 | 202213 |
| *Total Indonesia* |  |  |  | 1841356 |
| **Ivory Coast 0.44%** |  |  |  |  |
| Ivory Coast Government International Bonds<sup>†</sup> | 8.075% | 4/1/2036 | 500000 | 541270 |
| **Jordan 0.17%** |  |  |  |  |
| Jordan Government International Bonds<sup>†</sup> | 7.50% | 1/13/2029 | 200000 | 210607 |
| **Kazakhstan 0.60%** |  |  |  |  |
| Baiterek National Managing Holding JSC<sup>†</sup> | 5.45% | 5/8/2028 | 237000 | 240756 |
| Development Bank of Kazakhstan JSC<sup>†</sup> | 5.25% | 10/23/2029 | 200000 | 205684 |
| Kazakhstan Government International Bonds<sup>†</sup> | 4.714% | 4/9/2035 | 300000 | 298082 |
| *Total Kazakhstan* |  |  |  | 744522 |
| **Kenya 0.90%** |  |  |  |  |
| Republic of Kenya Government International Bonds<sup>†</sup> | 6.30% | 1/23/2034 | 270000 | 247452 |
| Republic of Kenya Government International Bonds<sup>†</sup> | 7.875% | 10/9/2033 | 350000 | 350545 |
| Republic of Kenya Government International Bonds | 8.25% | 2/28/2048 | 200000 | 189039 |
| Republic of Kenya Government International Bonds<sup>†</sup> | 9.75% | 2/16/2031 | 293000 | 320703 |
| *Total Kenya* |  |  |  | 1107739 |

---

<br> 8 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Kuwait 1.02%** |  |  |  |  |
| Kuwait International Government Bonds<sup>†</sup> | 4.652% | 10/9/2035 | $1255000 | $1256450 |
| **Lebanon 0.30%** |  |  |  |  |
| Lebanon Government International Bonds<sup>(b)</sup> | 6.65% | 2/26/2030 | 388000 | 90969 |
| Lebanon Government International Bonds<sup>(b)</sup> | 6.65% | 2/26/2030 | 1182000 | 277125 |
| *Total Lebanon* |  |  |  | 368094 |
| **Mexico 2.36%** |  |  |  |  |
| Eagle Funding Luxco SARL<sup>†</sup> | 5.50% | 8/17/2030 | 319000 | 325329 |
| Mexico Government International Bonds | 3.771% | 5/24/2061 | 560000 | 346780 |
| Mexico Government International Bonds | 6.00% | 5/7/2036 | 950000 | 964962 |
| Mexico Government International Bonds | 6.338% | 5/4/2053 | 700000 | 669025 |
| Mexico Government International Bonds | 6.35% | 2/9/2035 | 340000 | 357170 |
| Mexico Government International Bonds | 6.625% | 1/29/2038 | 234000 | 244764 |
| *Total Mexico* |  |  |  | 2908030 |
| **Montenegro 0.29%** |  |  |  |  |
| Montenegro Government International Bonds<sup>†</sup> | 4.875% | 4/1/2032 | 300000 | 356982 |
| **Morocco 0.30%** |  |  |  |  |
| Morocco Government International Bonds<sup>†</sup> | 4.00% | 12/15/2050 | $500000 | 366086 |
| **Nigeria 2.43%** |  |  |  |  |
| Nigeria Government International Bonds | 7.375% | 9/28/2033 | 260000 | 265180 |
| Nigeria Government International Bonds | 8.25% | 9/28/2051 | 600000 | 589954 |
| Nigeria Government International Bonds | 8.375% | 3/24/2029 | 1000000 | 1066241 |
| Nigeria Government International Bonds<sup>†</sup> | 8.631% | 1/13/2036 | 1000000 | 1075213 |
| *Total Nigeria* |  |  |  | 2996588 |
| **Oman 2.57%** |  |  |  |  |
| Oman Government International Bonds<sup>†</sup> | 6.25% | 1/25/2031 | 800000 | 857086 |
| Oman Government International Bonds<sup>†</sup> | 6.75% | 1/17/2048 | 1000000 | 1103624 |
| Oman Government International Bonds | 7.375% | 10/28/2032 | 1050000 | 1207969 |
| *Total Oman* |  |  |  | 3168679 |
| **Pakistan 0.65%** |  |  |  |  |
| Pakistan Government International Bonds | 6.875% | 12/5/2027 | 200000 | 201947 |
| Pakistan Government International Bonds | 7.375% | 4/8/2031 | 605000 | 602899 |
| *Total Pakistan* |  |  |  | 804846 |
| **Panama 2.83%** |  |  |  |  |
| Panama Government International Bonds | 2.252% | 9/29/2032 | 1480000 | 1226328 |
| Panama Government International Bonds | 3.87% | 7/23/2060 | 1410000 | 937438 |
| Panama Government International Bonds | 6.40% | 2/14/2035 | 1250000 | 1321375 |
| *Total Panama* |  |  |  | 3485141 |

---

<br> *See Notes to Financial Statements.* 9

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Paraguay 0.72%** |  |  |  |  |
| Paraguay Government International Bonds<sup>†</sup> | 5.40% | 3/30/2050 | $375000 | $352282 |
| Paraguay Government International Bonds<sup>†</sup> | 5.85% | 8/21/2033 | 500000 | 532149 |
| *Total Paraguay* |  |  |  | 884431 |
| **Peru 2.29%** |  |  |  |  |
| Peru Government International Bonds | 1.862% | 12/1/2032 | 550000 | 455372 |
| Peru Government International Bonds | 3.00% | 1/15/2034 | 1900000 | 1656515 |
| Peru Government International Bonds | 5.875% | 8/8/2054 | 350000 | 347655 |
| Peru Government International Bonds | 6.20% | 6/30/2055 | 350000 | 360203 |
| *Total Peru* |  |  |  | 2819745 |
| **Philippines 0.54%** |  |  |  |  |
| Philippines Government International Bonds | 2.65% | 12/10/2045 | 1000000 | 663507 |
| **Poland 1.66%** |  |  |  |  |
| Bank Gospodarstwa Krajowego<sup>†</sup> | 5.75% | 7/9/2034 | 200000 | 210818 |
| Republic of Poland Government International Bonds | 5.375% | 2/12/2035 | 740000 | 768896 |
| Republic of Poland Government International Bonds | 5.50% | 4/4/2053 | 1100000 | 1059150 |
| *Total Poland* |  |  |  | 2038864 |
| **Qatar 0.68%** |  |  |  |  |
| Qatar Government International Bonds<sup>†</sup> | 4.40% | 4/16/2050 | 950000 | 842322 |
| **Romania 3.13%** |  |  |  |  |
| Romania Government International Bonds | 2.875% | 3/11/2029 | 600000 | 692709 |
| Romania Government International Bonds | 4.00% | 2/14/2051 | $400000 | 274757 |
| Romania Government International Bonds | 4.00% | 2/14/2051 | 400000 | 274757 |
| Romania Government International Bonds<sup>†</sup> | 5.75% | 3/24/2035 | 1700000 | 1688447 |
| Romania Government International Bonds<sup>†</sup> | 5.875% | 1/30/2029 | 200000 | 206684 |
| Romania Government International Bonds<sup>†</sup> | 6.75% | 7/11/2039 | 300000 | 368934 |
| Romania Government International Bonds | 7.125% | 1/17/2033 | $320000 | 347844 |
| *Total Romania* |  |  |  | 3854132 |
| **Saudi Arabia 3.67%** |  |  |  |  |
| KSA Ijarah Sukuk Ltd.<sup>†</sup> | 4.25% | 9/9/2030 | 448000 | 447830 |
| Saudi Government International Bonds<sup>†</sup> | 3.45% | 2/2/2061 | 2900000 | 1854568 |
| Saudi Government International Bonds | 4.75% | 1/16/2030 | 800000 | 817395 |
| Saudi Government International Bonds | 5.00% | 1/16/2034 | 500000 | 512290 |
| Saudi Government International Bonds<sup>†</sup> | 5.125% | 1/13/2028 | 300000 | 306651 |
| Saudi Government International Bonds | 5.50% | 10/25/2032 | 550000 | 584378 |
| *Total Saudi Arabia* |  |  |  | 4523112 |
| **Serbia 0.42%** |  |  |  |  |
| Serbia International Bonds<sup>†</sup> | 6.25% | 5/26/2028 | 500000 | 519221 |

---

<br> 10 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **South Africa 2.39%** |  |  |  |  |
| Republic of South Africa Government International Bonds | 4.30% | 10/12/2028 | $740000 | $737145 |
| Republic of South Africa Government International Bonds | 5.75% | 9/30/2049 | 1973000 | 1665308 |
| Republic of South Africa Government International Bonds<sup>†</sup> | 7.10% | 11/19/2036 | 500000 | 537538 |
| *Total South Africa* |  |  |  | 2939991 |
| **Sri Lanka 1.48%** |  |  |  |  |
| Sri Lanka Government International Bonds<sup>†</sup> | 3.10% <sup>(c)</sup> | 1/15/2030 | 217641 | 207428 |
| Sri Lanka Government International Bonds<sup>†</sup> | 3.35% <sup>(c)</sup> | 3/15/2033 | 426900 | 367832 |
| Sri Lanka Government International Bonds<sup>†</sup> | 3.60% <sup>(c)</sup> | 5/15/2036 | 762800 | 695878 |
| Sri Lanka Government International Bonds<sup>†</sup> | 3.60% <sup>(c)</sup> | 2/15/2038 | 400282 | 366062 |
| Sri Lanka Government International Bonds<sup>†</sup> | 4.00% | 4/15/2028 | 187922 | 180411 |
| *Total Sri Lanka* |  |  |  | 1817611 |
| **Suriname 0.18%** |  |  |  |  |
| Suriname Government International Bonds<sup>†</sup> | 8.50% | 11/6/2035 | 200000 | 216750 |
| **Turkey 2.64%** |  |  |  |  |
| Istanbul Metropolitan Municipality<sup>†</sup> | 10.50% | 12/6/2028 | 500000 | 549608 |
| Turkiye Government International Bonds | 5.75% | 5/11/2047 | 1250000 | 1028550 |
| Turkiye Government International Bonds | 7.625% | 5/15/2034 | 1250000 | 1361079 |
| Turkiye Ihracat Kredi Bankasi AS<sup>†</sup> | 7.50% | 2/6/2028 | 300000 | 313759 |
| *Total Turkey* |  |  |  | 3252996 |
| **Ukraine 1.35%** |  |  |  |  |
| Ukraine Government International Bonds<sup>†</sup> | Zero Coupon <sup>(c)</sup> | 2/1/2030 | 84361 | 50195 |
| Ukraine Government International Bonds<sup>†</sup> | Zero Coupon <sup>(c)</sup> | 2/1/2034 | 317918 | 151539 |
| Ukraine Government International Bonds<sup>†</sup> | Zero Coupon <sup>(c)</sup> | 2/1/2035 | 487200 | 275663 |
| Ukraine Government International Bonds<sup>†</sup> | 4.50% <sup>(c)</sup> | 2/1/2029 | 531200 | 398409 |
| Ukraine Government International Bonds<sup>†</sup> | 4.50% <sup>(c)</sup> | 2/1/2034 | 522283 | 320914 |
| Ukraine Government International Bonds<sup>†</sup> | 4.50% <sup>(c)</sup> | 2/1/2035 | 450696 | 271697 |
| Ukraine Government International Bonds<sup>†</sup> | 4.50% <sup>(c)</sup> | 2/1/2036 | 320138 | 189765 |
| *Total Ukraine* |  |  |  | 1658182 |
| **United Arab Emirates 1.59%** |  |  |  |  |
| Abu Dhabi Government International Bonds<sup>†</sup> | 3.125% | 9/30/2049 | 450000 | 321745 |
| Abu Dhabi Government International Bonds<sup>†</sup> | 4.25% | 10/2/2035 | 500000 | 496506 |
| Abu Dhabi Government International Bonds | 5.50% | 4/30/2054 | 200000 | 204606 |
| Finance Department Government of Sharjah | 3.625% | 3/10/2033 | 500000 | 446819 |
| UAE International Government Bonds<sup>†</sup> | 3.25% | 10/19/2061 | 700000 | 482054 |
| *Total United Arab Emirates* |  |  |  | 1951730 |

---

<br> *See Notes to Financial Statements.* 11

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Uruguay 0.17%** |  |  |  |  |
| Uruguay Government International Bonds | 4.975% | 4/20/2055 | $226000 | $206677 |
| **Uzbekistan 0.82%** |  |  |  |  |
| Republic of Uzbekistan International Bonds<sup>†</sup> | 6.90% | 2/28/2032 | 200000 | 215665 |
| Republic of Uzbekistan International Bonds<sup>†</sup> | 6.947% | 5/25/2032 | 730000 | 790148 |
| *Total Uzbekistan* |  |  |  | 1005813 |
| **Venezuela 0.54%** |  |  |  |  |
| Venezuela Government International Bonds<sup>(b)</sup> | 12.75% | 8/23/2022 | 2100000 | 664650 |
| **Zambia 0.41%** |  |  |  |  |
| Zambia Government International Bonds | 5.75% <sup>(c)</sup> | 6/30/2033 | 516154 | 509652 |
| *Total Foreign Government Obligations* (cost $83,511,601) |  |  |  | 85658270 |
| *Total Long-Term Investments* (cost $114,182,705) |  |  |  | 116433491 |
| **SHORT-TERM INVESTMENTS 3.82%** |  |  |  |  |
| **REPURCHASE AGREEMENTS 3.82%** |  |  |  |  |
| Repurchase Agreement dated 12/31/2025, 3.250% due 1/2/2026 with Fixed Income Clearing Corp. collateralized by $4,750,900 of U.S. Treasury Note at 3.875% due 5/31/2027; value: $4,792,379; proceeds: $4,699,250<br> (cost $4,698,402) |  |  | 4698402 | 4698402 |
| *Total Investments in Securities 98.39%* (cost $118,881,107) |  |  |  | 121131893 |
| *Other Assets and Liabilities – Net*<sup>(d)</sup> *1.61%* |  |  |  | 1980667 |
| *Net Assets 100.00%* |  |  |  | $123112560 |

---

---

| | |
|:---|:---|
| EUR | Euro. |
| CMT | Constant Maturity Rate. |
| REITS | Real Estate Investment Trusts. |
| <sup>‡</sup> | Principal Amount is denominated in U.S. dollars unless otherwise noted. |
| <sup>†</sup> | 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 December 31, 2025, the total value of Rule 144A securities was $57,238,923, which represents 46.49% of net assets. |
| <sup>#</sup> | Variable rate security. The interest rate represents the rate in effect at December 31, 2025. |
| <sup>(a)</sup> | Security is perpetual in nature and has no stated maturity. |
| <sup>(b)</sup> | Defaulted (non-income producing security). |
| <sup>(c)</sup> | Step Bond – Security with a predetermined schedule of interest rate changes. |
| <sup>(d)</sup> | Other Assets and Liabilities – Net include net unrealized appreciation/(depreciation) on forward foreign currency exchange contracts and futures contracts as follows: |

---

<br> 12 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS BOND FUND *December 31, 2025*

**Forward Foreign Currency Exchange Contracts at December 31, 2025:**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward<br> Foreign<br> Currency<br> Exchange<br> Contracts** | **Transaction<br> Type** | **Counterparty** | **Expiration<br> Date** | **Foreign<br> Currency** | **U.S. $ Cost on<br> Origination<br> Date** | **U.S. $ Current<br> Value** | **Unrealized<br> Depreciation** |
| Euro | Sell | State Street Bank And Trust | 3/6/2026 | 1668000 | $1933295 | $1965776 | $(32481) |

---

**Futures Contracts at December 31, 2025:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Expiration** | **Contracts** | **Position** | Notional**<br> Amount** | Notional**<br> Value** | Unrealized**<br> Appreciation** |
| Euro-Bobl | March 2026 | 3 | Short | (349888) | (348480) | $1655 |
| Euro-Bund | March 2026 | 6 | Short | (771536) | (765420) | 7188 |
| Euro-Schatz | March 2026 | 11 | Short | (1176113) | (1174690) | 1672 |
| U.S. 10-Year Treasury Note | March 2026 | 67 | Short | $(7546317) | $(7533313) | 13004 |
| U.S. 10-Year Ultra Treasury Note | March 2026 | 25 | Short | (2887208) | (2875391) | 11817 |
| U.S. Ultra Treasury Bond | March 2026 | 32 | Short | (3822956) | (3776000) | 46956 |
| *Total Unrealized Appreciation on Futures Contracts* | *Total Unrealized Appreciation on Futures Contracts* | *Total Unrealized Appreciation on Futures Contracts* |  |  |  | $82292 |
| **Type** | **Expiration** | **Contracts** | **Position** | **Notional<br> Amount** | **Notional<br> Value** | **Unrealized<br> Depreciation** |
| U.S. 5-Year Treasury Note | March 2026 | 110 | Long | $12054671 | $12023516 | $(31155) |
| U.S. Long Bond | March 2026 | 71 | Long | 8292933 | 8207156 | (85777) |
| *Total Unrealized Depreciation on Futures Contracts* | *Total Unrealized Depreciation on Futures Contracts* | *Total Unrealized Depreciation on Futures Contracts* |  |  |  | $(116932) |

---

<br> *See Notes to Financial Statements.* 13

**Schedule of Investments (concluded)**

EMERGING MARKETS BOND FUND *December 31, 2025*

The following is a summary of the inputs used as of December 31, 2025 in valuing the Fund's investments carried at fair value<sup>(1)</sup>:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type**<sup>(2)</sup> | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Long-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $30775221 | $– | $30775221 |
| &nbsp;&nbsp;&nbsp;Foreign Government Obligations |  | 85658270 |  | 85658270 |
| **Short-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | – | 4698402 | – | 4698402 |
| Total | $– | $121131893 | $– | $121131893 |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets | $– | $– | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities |  | (32481) |  | (32481) |
| &nbsp;&nbsp;&nbsp;Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets | 82292 |  |  | 82292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities | (116932) | – | – | (116932) |
| Total | $(34640) | $(32481) | $– | $(67121) |

---

<sup>(1)</sup> Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs.

<sup>(2)</sup> See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the year in relation to the Fund's net assets.

<br> 14 *See Notes to Financial Statements.*

**Schedule of Investments**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | | | **Shares** | **Fair<br> Value** |
| **LONG-TERM INVESTMENTS 94.19%** |  |  |  |  |
| **COMMON STOCKS 0.01%** |  |  |  |  |
| **China** |  |  |  |  |
| *Real Estate Management & Development* |  |  |  |  |
| Shimao Group Holdings Ltd.\*<sup>(a)</sup> (cost $28,830) |  |  | 102626 | $2523 |
|  | **Interest<br> Rate** | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> |  |
| **CONVERTIBLE BONDS 1.00%** |  |  |  |  |
| **Macau** |  |  |  |  |
| *Lodging* |  |  |  |  |
| Wynn Macau Ltd.<sup>†</sup> (cost $201,850) |  |  | $200000 | 205127 |
| **CORPORATE BONDS 89.19%** |  |  |  |  |
| **Angola 0.97%** |  |  |  |  |
| *Oil & Gas* |  |  |  |  |
| Azule Energy Finance PLC<sup>†</sup> | 8.125% | 1/23/2030 | 200000 | 200460 |
| **Argentina 2.85%** |  |  |  |  |
| *Energy-Alternate Sources 0.24%* |  |  |  |  |
| YPF Energia Electrica SA<sup>†</sup> | 7.875% | 10/16/2032 | 50000 | 50215 |
| *Food 0.35%* |  |  |  |  |
| Arcor SAIC<sup>†</sup> | 7.60% | 7/31/2033 | 72000 | 72828 |
| *Oil & Gas 1.64%* |  |  |  |  |
| YPF SA<sup>†</sup> | 6.95% | 7/21/2027 | 148000 | 149294 |
| YPF SA | 9.50% | 1/17/2031 | 176000 | 187998 |
|  |  |  |  | 337292 |
| *Pipelines 0.06%* |  |  |  |  |
| Transportadora de Gas del Sur SA<sup>†</sup> | 7.75% | 11/20/2035 | 12000 | 11884 |
| *Telecommunications 0.56%* |  |  |  |  |
| Telecom Argentina SA<sup>†</sup> | 9.25% | 5/28/2033 | 109068 | 114125 |
| *Total Argentina* |  |  |  | 586344 |
| **Brazil 4.72%** |  |  |  |  |
| *Engineering & Construction 1.01%* |  |  |  |  |
| Sitios Latinoamerica SAB de CV<sup>†</sup> | 6.00% | 11/25/2029 | 200000 | 207800 |
| *Health Care-Services 0.97%* |  |  |  |  |
| Rede D'or Finance SARL | 4.95% | 1/17/2028 | 200000 | 200321 |

---

<br> *See Notes to Financial Statements.* 15

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Brazil (continued)** |  |  |  |  |  |
| *Iron-Steel 0.80%* |  |  |  |  |  |
| Samarco Mineracao SA | 9.50% |  | 6/30/2031 | $102250 | $103696 |
| Vale Overseas Ltd. | 6.40% |  | 6/28/2054 | 60000 | 61290 |
|  |  |  |  |  | 164986 |
| *Oil & Gas 0.96%* |  |  |  |  |  |
| Petrobras Global Finance BV | 5.125% |  | 9/10/2030 | 200000 | 196236 |
| *Water 0.98%* |  |  |  |  |  |
| Sabesp Lux SARL<sup>†</sup> | 5.625% |  | 8/20/2030 | 200000 | 200930 |
| *Total Brazil* |  |  |  |  | 970273 |
| **Chile 5.10%** |  |  |  |  |  |
| *Banks 1.05%* |  |  |  |  |  |
| Banco de Credito e Inversiones SA<sup>†</sup> | 8.75%<br> (5 yr. CMT + 4.94% |)<sup>#</sup> | – <sup>(b)</sup> | 200000 | 216373 |
| *Electric 1.94%* |  |  |  |  |  |
| Alfa Desarrollo SpA<sup>†</sup> | 4.55% |  | 9/27/2051 | 246120 | 198967 |
| Chile Electricity Lux MPC II SARL<sup>†</sup> | 5.58% |  | 10/20/2035 | 195501 | 200646 |
|  |  |  |  |  | 399613 |
| *Mining 2.11%* |  |  |  |  |  |
| Antofagasta PLC<sup>†</sup> | 6.25% |  | 5/2/2034 | 200000 | 215629 |
| Corp. Nacional del Cobre de Chile | 6.44% |  | 1/26/2036 | 200000 | 217076 |
|  |  |  |  |  | 432705 |
| *Total Chile* |  |  |  |  | 1048691 |
| **China 8.19%** |  |  |  |  |  |
| *Diversified Financial Services 1.88%* |  |  |  |  |  |
| BOC Aviation USA Corp. | 4.875% |  | 5/3/2033 | 200000 | 204275 |
| China Great Wall International Holdings V Ltd. | 2.375% |  | 8/18/2030 | 200000 | 182407 |
|  |  |  |  |  | 386682 |
| *Internet 4.43%* |  |  |  |  |  |
| Alibaba Group Holding Ltd. | 5.25% |  | 5/26/2035 | 200000 | 208537 |
| Meituan<sup>†</sup> | 5.125% |  | 11/5/2035 | 200000 | 198041 |
| Prosus NV | 3.061% |  | 7/13/2031 | 200000 | 182198 |
| Prosus NV<sup>†</sup> | 3.832% |  | 2/8/2051 | 200000 | 133344 |
| Weibo Corp. | 3.375% |  | 7/8/2030 | 200000 | 189979 |
|  |  |  |  |  | 912099 |
| *Investment Companies 0.97%* |  |  |  |  |  |
| CFAMC IV Co. Ltd. | 4.50% |  | 5/29/2029 | 200000 | 198905 |

---

<br> 16 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **China (continued)** |  |  |  |  |
| *Real Estate 0.01%* |  |  |  |  |
| Ronshine China Holdings Ltd.<sup>(c)</sup> | 8.10% | 6/9/2023 | $200000 | $2000 |
| Shimao Group Holdings Ltd.<sup>†</sup> | 5.00% | 7/21/2031 | 2000 | 71 |
|  |  |  |  | 2071 |
| *Telecommunications 0.90%* |  |  |  |  |
| Xiaomi Best Time International Ltd. | 2.875% | 7/14/2031 | 200000 | 184775 |
| *Total China* |  |  |  | 1684532 |
| **Colombia 3.32%** |  |  |  |  |
| *Food 1.10%* |  |  |  |  |
| Grupo Nutresa SA<sup>†</sup> | 9.00% | 5/12/2035 | 200000 | 226142 |
| *Gas 0.97%* |  |  |  |  |
| Grupo Energia Bogota SA ESP<sup>†</sup> | 5.75% | 10/22/2035 | 200000 | 198405 |
| *Oil & Gas 1.25%* |  |  |  |  |
| Ecopetrol SA | 5.875% | 11/2/2051 | 100000 | 72211 |
| Ecopetrol SA | 7.75% | 2/1/2032 | 130000 | 133953 |
| Ecopetrol SA | 8.375% | 1/19/2036 | 50000 | 51490 |
|  |  |  |  | 257654 |
| *Total Colombia* |  |  |  | 682201 |
| **Congo 1.01%** |  |  |  |  |
| *Mining* |  |  |  |  |
| Ivanhoe Mines Ltd.<sup>†</sup> | 7.875% | 1/23/2030 | 200000 | 207066 |
| **Dominican Republic 0.96%** |  |  |  |  |
| *Energy-Alternate Sources* |  |  |  |  |
| Empresa Generadora de Electricidad Haina SA<sup>†</sup> | 5.625% | 11/8/2028 | 200000 | 196565 |
| **Hong Kong 3.78%** |  |  |  |  |
| *Insurance 1.92%* |  |  |  |  |
| AIA Group Ltd. | 5.40% | 9/30/2054 | 200000 | 191724 |
| FWD Group Holdings Ltd.<sup>†</sup> | 5.836% | 9/22/2035 | 200000 | 202531 |
|  |  |  |  | 394255 |
| *Lodging 0.97%* |  |  |  |  |
| Melco Resorts Finance Ltd.<sup>†</sup> | 6.50% | 9/24/2033 | 200000 | 200693 |
| *Retail 0.89%* |  |  |  |  |
| JMH Co. Ltd. | 2.50% | 4/9/2031 | 200000 | 183531 |
| *Total Hong Kong* |  |  |  | 778479 |

---

<br> *See Notes to Financial Statements.* 17

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **India 4.89%** |  |  |  |  |  |
| *Diversified Financial Services 2.96%* |  |  |  |  |  |
| Muthoot Finance Ltd. | 6.375% |  | 4/23/2029 | $200000 | $203180 |
| Power Finance Corp. Ltd. | 4.50% |  | 6/18/2029 | 200000 | 199832 |
| Sammaan Capital Ltd. | 9.70% |  | 7/3/2027 | 200000 | 206951 |
|  |  |  |  |  | 609963 |
| *Electric 0.93%* |  |  |  |  |  |
| ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries | 4.50% |  | 7/14/2028 | 200000 | 192156 |
| *Mining 1.00%* |  |  |  |  |  |
| Vedanta Resources Finance II PLC<sup>†</sup> | 9.475% |  | 7/24/2030 | 200000 | 204743 |
| *Total India* |  |  |  |  | 1006862 |
| **Indonesia 2.93%** |  |  |  |  |  |
| *Electric 1.94%* |  |  |  |  |  |
| Pertamina Geothermal Energy PT | 5.15% |  | 4/27/2028 | 200000 | 202783 |
| Sorik Marapi Geothermal Power PT<sup>†</sup> | 7.75% |  | 8/5/2031 | 192060 | 196862 |
|  |  |  |  |  | 399645 |
| *Mining 0.99%* |  |  |  |  |  |
| Freeport Indonesia PT | 5.315% |  | 4/14/2032 | 200000 | 204186 |
| *Total Indonesia* |  |  |  |  | 603831 |
| **Israel 2.10%** |  |  |  |  |  |
| *Pharmaceuticals* |  |  |  |  |  |
| Teva Pharmaceutical Finance Netherlands II BV | 4.125% |  | 6/1/2031 | 200000 | 238989 |
| Teva Pharmaceutical Finance Netherlands III BV | 4.10% |  | 10/1/2046 | $255000 | 193174 |
| *Total Israel* |  |  |  |  | 432163 |
| **Kazakhstan 1.35%** |  |  |  |  |  |
| *Oil & Gas* |  |  |  |  |  |
| Tengizchevroil Finance Co. International Ltd.<sup>†</sup> | 3.25% |  | 8/15/2030 | 300000 | 278670 |
| **Kuwait 1.00%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| NBK Tier 1 Ltd.<sup>†</sup> | 6.375%<br> (6 yr. CMT + 2.40% |)<sup>#</sup> | – <sup>(b)</sup> | 200000 | 204924 |
| **Macau 1.91%** |  |  |  |  |  |
| *Lodging* |  |  |  |  |  |
| MGM China Holdings Ltd. | 4.75% |  | 2/1/2027 | 200000 | 199286 |
| Studio City Finance Ltd. | 5.00% |  | 1/15/2029 | 200000 | 193292 |
| *Total Macau* |  |  |  |  | 392578 |

---

<br> 18 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Malaysia 1.98%** |  |  |  |  |  |
| *Oil & Gas 1.02%* |  |  |  |  |  |
| Petronas Capital Ltd.<sup>†</sup> | 5.848% |  | 4/3/2055 | $200000 | $209383 |
| *Transportation 0.96%* |  |  |  |  |  |
| MISC Capital Two Labuan Ltd. | 3.75% |  | 4/6/2027 | 200000 | 198793 |
| *Total Malaysia* |  |  |  |  | 408176 |
| **Mexico 6.20%** |  |  |  |  |  |
| *Banks 0.96%* |  |  |  |  |  |
| Banco Nacional de Comercio Exterior SNC | 2.72%<br> (5 yr. CMT + 2.00% |)<sup>#</sup> | 8/11/2031 | 200000 | 197036 |
| *Electric 1.88%* |  |  |  |  |  |
| Comision Federal de Electricidad | 3.875% |  | 7/26/2033 | 200000 | 177341 |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple<sup>†</sup> | 7.25% |  | 1/31/2041 | 198101 | 208557 |
|  |  |  |  |  | 385898 |
| *Equity Real Estate 0.98%* |  |  |  |  |  |
| Corp. Inmobiliaria Vesta SAB de CV<sup>†</sup> | 5.50% |  | 1/30/2033 | 200000 | 202798 |
| *Mining 0.47%* |  |  |  |  |  |
| Southern Copper Corp. | 5.25% |  | 11/8/2042 | 100000 | 95941 |
| *Oil & Gas 0.95%* |  |  |  |  |  |
| Petroleos Mexicanos | 6.70% |  | 2/16/2032 | 50000 | 49898 |
| Petroleos Mexicanos | 8.75% |  | 6/2/2029 | 135000 | 144817 |
|  |  |  |  |  | 194715 |
| *REITS 0.96%* |  |  |  |  |  |
| CFE Fibra E<sup>†</sup> | 5.875% |  | 9/23/2040 | 198334 | 198447 |
| *Total Mexico* |  |  |  |  | 1274835 |
| **Morocco 1.99%** |  |  |  |  |  |
| *Chemicals* |  |  |  |  |  |
| OCP SA<sup>†</sup> | 3.75% |  | 6/23/2031 | 200000 | 187474 |
| OCP SA<sup>†</sup> | 7.50% |  | 5/2/2054 | 200000 | 221858 |
| *Total Morocco* |  |  |  |  | 409332 |
| **Nigeria 0.59%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| BOI Finance BV<sup>†</sup> | 7.50% |  | 2/16/2027 | 100000 | 121192 |
| **Panama 1.86%** |  |  |  |  |  |
| *Banks 1.01%* |  |  |  |  |  |
| Multibank, Inc. | 7.75% |  | 2/3/2028 | $200000 | 207401 |
| *Electric 0.85%* |  |  |  |  |  |
| AES Panama Generation Holdings SRL | 4.375% |  | 5/31/2030 | 186702 | 175817 |
| *Total Panama* |  |  |  |  | 383218 |

---

<br> *See Notes to Financial Statements.* 19

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Paraguay 0.31%** |  |  |  |  |
| *Telecommunications* |  |  |  |  |
| Telefonica Celular del Paraguay SA | 5.875% | 4/15/2027 | $63000 | $62888 |
| **Peru 3.27%** |  |  |  |  |
| *Banks 1.32%* |  |  |  |  |
| Banco de Credito del Peru SA<sup>†</sup> | 5.65%<br> (5 yr. CMT + 1.96% | 1/15/2037 | 100000 | 100625 |
| Banco de Credito del Peru SA<sup>†</sup> | 5.85% | 1/11/2029 | 165000 | 172032 |
|  |  |  |  | 272657 |
| *Mining 1.01%* |  |  |  |  |
| Cia de Minas Buenaventura SAA<sup>†</sup> | 6.80% | 2/4/2032 | 200000 | 208526 |
| *Packaging & Containers 0.94%* |  |  |  |  |
| SAN Miguel Industrias Pet SA/NG PET R&P Latin America SA | 3.75% | 8/2/2028 | 200000 | 192506 |
| *Total Peru* |  |  |  | 673689 |
| **Poland 1.03%** |  |  |  |  |
| *Oil & Gas* |  |  |  |  |
| ORLEN SA<sup>†</sup> | 6.00% | 1/30/2035 | 200000 | 211107 |
| **Qatar 2.94%** |  |  |  |  |
| *Banks 1.44%* |  |  |  |  |
| QNB Finance Ltd. | 2.75% | 2/12/2027 | 300000 | 295477 |
| *Telecommunications 0.97%* |  |  |  |  |
| Ooredoo International Finance Ltd.<sup>†</sup> | 4.625% | 10/10/2034 | 200000 | 200685 |
| *Transportation 0.53%* |  |  |  |  |
| Nakilat, Inc.<sup>†</sup> | 6.267% | 12/31/2033 | 101709 | 108553 |
| *Total Qatar* |  |  |  | 604715 |
| **Russia 0.00%** |  |  |  |  |
| *Banks* |  |  |  |  |
| Alfa Bank AO Via Alfa Bond Issuance PLC | 5.50%<br> (5 yr. CMT + 4.55% | 10/26/2031 | 300000 | – <sup>(d)</sup> |
| Sberbank of Russia Via SB Capital SA<sup>(c)</sup> | 5.25% | 5/23/2023 | 450000 | – <sup>(d)</sup> |
| *Total Russia* |  |  |  | – |
| **Saudi Arabia 4.64%** |  |  |  |  |
| *Diversified Financial Services 0.96%* |  |  |  |  |
| Avilease Capital Ltd.<sup>†</sup> | 4.75% | 11/12/2030 | 200000 | 198562 |
| *Investment Companies 0.90%* |  |  |  |  |
| Gaci First Investment Co. | 5.375% | 1/29/2054 | 200000 | 184572 |
| *Oil & Gas 0.88%* |  |  |  |  |
| Saudi Arabian Oil Co. | 2.25% | 11/24/2030 | 200000 | 180942 |

---

<br> 20 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Saudi Arabia (continued)** |  |  |  |  |  |
| *Pipelines 1.90%* |  |  |  |  |  |
| EIG Pearl Holdings SARL | 3.545% |  | 8/31/2036 | $196690 | $182559 |
| Greensaif Pipelines Bidco SARL<sup>†</sup> | 6.103% |  | 8/23/2042 | 200000 | 208659 |
|  |  |  |  |  | 391218 |
| *Total Saudi Arabia* |  |  |  |  | 955294 |
| **Singapore 1.93%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Oversea-Chinese Banking Corp. Ltd. | 4.602%<br> (5 yr. CMT + 1.58% |)<sup>#</sup> | 6/15/2032 | 200000 | 200845 |
| United Overseas Bank Ltd.<sup>†</sup> | 2.00%<br> (5 yr. CMT + 1.23% |)<sup>#</sup> | 10/14/2031 | 200000 | 196421 |
| *Total Singapore* |  |  |  |  | 397266 |
| **South Africa 2.04%** |  |  |  |  |  |
| *Mining* |  |  |  |  |  |
| Anglo American Capital PLC<sup>†</sup> | 5.75% |  | 4/5/2034 | 200000 | 210216 |
| Windfall Mining Group, Inc./Groupe Minier Windfall, Inc.<sup>†</sup> | 5.854% |  | 5/13/2032 | 200000 | 209023 |
| *Total South Africa* |  |  |  |  | 419239 |
| **South Korea 1.01%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Woori Bank<sup>†</sup> | 6.375%<br> (5 yr. CMT + 2.28% |)<sup>#</sup> | – <sup>(b)</sup> | 200000 | 207869 |
| **Turkey 4.04%** |  |  |  |  |  |
| *Banks 2.04%* |  |  |  |  |  |
| Akbank TAS<sup>†</sup> | 7.498% |  | 1/20/2030 | 200000 | 211942 |
| Turkiye Garanti Bankasi AS<sup>†</sup> | 8.125%<br> (5 yr. CMT + 3.84% |)<sup>#</sup> | 1/3/2035 | 200000 | 208400 |
|  |  |  |  |  | 420342 |
| *Engineering & Construction 1.02%* |  |  |  |  |  |
| TAV Havalimanlari Holding AS<sup>†</sup> | 8.50% |  | 12/7/2028 | 200000 | 209178 |
| *Mining 0.98%* |  |  |  |  |  |
| WE Soda Investments Holding PLC<sup>†</sup> | 9.375% |  | 2/14/2031 | 200000 | 201033 |
| *Total Turkey* |  |  |  |  | 830553 |
| **Ukraine 0.95%** |  |  |  |  |  |
| *Agriculture* |  |  |  |  |  |
| MHP Lux SA | 6.95% |  | 4/3/2026 | 200000 | 195246 |

---

<br> *See Notes to Financial Statements.* 21

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **United Arab Emirates 4.54%** |  |  |  |  |  |
| *Banks 0.97%* |  |  |  |  |  |
| First Abu Dhabi Bank PJSC | 4.50%<br> (6 yr. CMT + 4.14% |)<sup>#</sup> | – <sup>(b)</sup> | $200000 | $199327 |
| *Electric 0.95%* |  |  |  |  |  |
| Abu Dhabi National Energy Co. PJSC | 4.75% |  | 3/9/2037 | 200000 | 196350 |
| *Energy-Alternate Sources 0.77%* |  |  |  |  |  |
| Sweihan PV Power Co. PJSC<sup>†</sup> | 3.625% |  | 1/31/2049 | 183220 | 157872 |
| *Investment Companies 1.06%* |  |  |  |  |  |
| MDGH GMTN RSC Ltd. | 5.875% |  | 5/1/2034 | 200000 | 217497 |
| *Pipelines 0.79%* |  |  |  |  |  |
| Galaxy Pipeline Assets Bidco Ltd.<sup>†</sup> | 3.25% |  | 9/30/2040 | 200000 | 163742 |
| *Total United Arab Emirates* |  |  |  |  | 934788 |
| **United Kingdom 1.01%** |  |  |  |  |  |
| *Banks* |  |  |  |  |  |
| Standard Chartered PLC<sup>†</sup> | 6.301%<br> (1 yr. CMT + 2.45% |)<sup>#</sup> | 1/9/2029 | 200000 | 208002 |
| **United States 0.69%** |  |  |  |  |  |
| *Chemicals 0.43%* |  |  |  |  |  |
| CVR Partners LP/CVR Nitrogen Finance Corp.<sup>†</sup> | 6.125% |  | 6/15/2028 | 88000 | 88535 |
| *Oil & Gas 0.26%* |  |  |  |  |  |
| CITGO Petroleum Corp.<sup>†</sup> | 8.375% |  | 1/15/2029 | 51000 | 53221 |
| *Total United States* |  |  |  |  | 141756 |
| **Uzbekistan 1.04%** |  |  |  |  |  |
| *Mining* |  |  |  |  |  |
| Navoi Mining & Metallurgical Combinat<sup>†</sup> | 6.95% |  | 10/17/2031 | 200000 | 213728 |
| **Zambia 2.05%** |  |  |  |  |  |
| *Mining* |  |  |  |  |  |
| First Quantum Minerals Ltd.<sup>†</sup> | 8.625% |  | 6/1/2031 | 400000 | 421438 |
| *Total Corporate Bonds* (cost $18,782,086) |  |  |  |  | 18347970 |
| **FOREIGN GOVERNMENT OBLIGATIONS 3.99%** |  |  |  |  |  |
| **Colombia 0.57%** |  |  |  |  |  |
| Colombia Government International Bonds | 3.75% |  | 9/19/2028 | 100000 | 116726 |
| **Kazakhstan 0.99%** |  |  |  |  |  |
| Baiterek National Managing Holding JSC<sup>†</sup> | 5.45% |  | 5/8/2028 | $200000 | 203170 |

---

<br> 22 *See Notes to Financial Statements.*

**Schedule of Investments (continued)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Interest<br> Rate** | **Maturity<br> Date** | **Principal**<br> **Amount**<sup>‡</sup> | **Fair<br> Value** |
| **Peru 0.94%** |  |  |  |  |
| Corp. Financiera de Desarrollo SA | 2.40% | 9/28/2027 | $200000 | $193635 |
| **Saudi Arabia 1.49%** |  |  |  |  |
| Saudi Government International Bonds | 5.00% | 1/16/2034 | 300000 | 307374 |
| *Total Foreign Government Obligations* (cost $805,812) |  |  |  | 820905 |
| *Total Long-Term Investments* (cost $19,818,578) |  |  |  | 19376525 |
| **SHORT-TERM INVESTMENTS 4.05%** |  |  |  |  |
| **REPURCHASE AGREEMENTS 4.05%** |  |  |  |  |
| Repurchase Agreement dated 12/31/2025, 3.250% due 1/2/2026 with Fixed Income Clearing Corp. collateralized by $842,700 of U.S. Treasury Note at 3.875% due 5/31/2027; value: $850,137; proceeds: $833,461<br> (cost $833,310) |  |  | 833310 | 833310 |
| *Total Investments in Securities 98.24%* (cost $20,651,888) |  |  |  | 20209835 |
| *Other Assets and Liabilities – Net*<sup>(e)</sup> *1.76%* |  |  |  | 362839 |
| *Net Assets 100.00%* |  |  |  | $20572674 |

---

---

| | |
|:---|:---|
| EUR | Euro. |
| HKD | Hong Kong Dollar. |
| CMT | Constant Maturity Rate. |
| REITS | Real Estate Investment Trusts. |
| \* | Non-income producing security. |
| <sup>‡</sup> | Principal Amount is denominated in U.S. dollars unless otherwise noted. |
| <sup>†</sup> | 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 December 31, 2025, the total value of Rule 144A securities was $10,414,583, which represents 50.62% of net assets. |
| <sup>#</sup> | Variable rate security. The interest rate represents the rate in effect at December 31, 2025. |
| <sup>(a)</sup> | Investment in non-U.S. dollar denominated securities. |
| <sup>(b)</sup> | Security is perpetual in nature and has no stated maturity. |
| <sup>(c)</sup> | Defaulted (non-income producing security). |
| <sup>(d)</sup> | Level 3 Investment as described in Note 2(a) in the Notes to Financial Statements. Security fair valued by the Pricing Committee. |
| <sup>(e)</sup> | 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 December 31, 2025:**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward<br> Foreign<br> Currency<br> Exchange<br> Contracts** | **Transaction<br> Type** | **Counterparty** | **Expiration<br> Date** | **Foreign<br> Currency** | **U.S. $ Cost on<br> Origination<br> Date** | **U.S. $ Current<br> Value** | Unrealized<br> Depreciation |
| Euro | Sell | State Street Bank And Trust | 3/6/2026 | 331000 | $383645 | $390091 | $(6446) |

---

*See Notes to Financial Statements.* 23

**Schedule of Investments (concluded)**

EMERGING MARKETS CORPORATE DEBT FUND *December 31, 2025*

**Futures Contracts at December 31, 2025:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Type** | **Expiration** | **Contracts** | **Position** | **Notional<br> Amount** | **Notional<br> Value** | **Unrealized<br> Appreciation** |
| Euro-Bobl | March 2026 | 2 | Short | (233339) | (232320) | $1197 |
| Euro-Schatz | March 2026 | 1 | Short | (106914) | (106790) | 146 |
| U.S. 10-Year Ultra Treasury Note | March 2026 | 11 | Short | $(1270371) | $(1265172) | 5199 |
| U.S. Ultra Treasury Bond | March 2026 | 1 | Short | (119467) | (118000) | 1467 |
| *Total Unrealized Appreciation on Futures Contracts* | *Total Unrealized Appreciation on Futures Contracts* | *Total Unrealized Appreciation on Futures Contracts* | *Total Unrealized Appreciation on Futures Contracts* |  |  | $8009 |
| **Type** | **Expiration** | **Contracts** | **Position** | **Notional**<br> **Amount** | **Notional**<br> **Value** | **Unrealized**<br> **Depreciation** |
| U.S. 2-Year Treasury Note | March 2026 | 7 | Long | $1462008 | $1461523 | $(485) |
| U.S. 5-Year Treasury Note | March 2026 | 8 | Long | 876725 | 874438 | (2287) |
| U.S. Long Bond | March 2026 | 3 | Long | 348554 | 346781 | (1773) |
| *Total Unrealized Depreciation on Futures Contracts* | *Total Unrealized Depreciation on Futures Contracts* | *Total Unrealized Depreciation on Futures Contracts* | *Total Unrealized Depreciation on Futures Contracts* |  |  | $(4545) |

---

The following is a summary of the inputs used as of December 31, 2025 in valuing the Fund's investments carried at fair value<sup>(1)</sup>:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investment Type**<sup>(2)</sup> | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Long-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China | $– | $2523 | $– | $2523 |
| &nbsp;&nbsp;&nbsp;Convertible Bonds |  | 205127 |  | 205127 |
| &nbsp;&nbsp;&nbsp;Corporate Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Russia |  |  | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remaining Countries |  | 18347970 |  | 18347970 |
| &nbsp;&nbsp;&nbsp;Foreign Government Obligations |  | 820905 |  | 820905 |
| **Short-Term Investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | – | 833310 | – | 833310 |
| Total | $– | $20209835 | $– | $20209835 |
| **Other Financial Instruments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets | $– | $– | $– | $– |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities |  | (6446) |  | (6446) |
| &nbsp;&nbsp;&nbsp;Futures Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assets | 8009 |  |  | 8009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liabilities | (4545) | – | – | (4545) |
| Total | $3464 | $(6446) | $– | $(2982) |

---

---

| | |
|:---|:---|
| |  |
| <sup>(1)</sup> | Refer to Note 2(a) for a description of fair value measurements and the three-tier hierarchy of inputs. |
| <sup>(2)</sup> | See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or geography. The table above is presented by Investment Type. When applicable, each Level 3 security is identified on the Schedule of Investments along with the valuation technique utilized. |

---

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3 investments at the beginning or end of the year 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 year.

24 *See Notes to Financial Statements.*

**Statements of Assets and Liabilities**

*December 31, 2025*

---

| | | |
|:---|:---|:---|
|  | **Emerging<br> Markets Bond<br> Fund** | **Emerging Markets<br> Corporate Debt<br> Fund** |
| **ASSETS:** |  |  |
| Investments in securities, at cost | $118881107 | $20651888 |
| Investments in securities, at fair value | $121131893 | $20209835 |
| Cash | 15465 | 8193 |
| Deposits with brokers for futures collateral | 199084 | 24096 |
| Foreign cash, at value (cost $0 and $3, respectively) |  | 3 |
| Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;Interest and dividends | 2054815 | 369063 |
| &nbsp;&nbsp;&nbsp;Capital shares sold | 516382 | 86089 |
| &nbsp;&nbsp;&nbsp;Variation margin for futures contracts | 1450 | 516 |
| &nbsp;&nbsp;&nbsp;From advisor (See Note 4) | 17 | 31551 |
| &nbsp;&nbsp;&nbsp;Investment securities sold |  | 13888 |
| &nbsp;&nbsp;&nbsp;Securities lending income | 72 |  |
| Prepaid expenses and other assets | 20487 | 38392 |
| **Total assets** | 123939665 | 20781626 |
| **LIABILITIES:** |  |  |
| Payables: |  |  |
| &nbsp;&nbsp;&nbsp;Capital shares reacquired | 64726 | 51651 |
| &nbsp;&nbsp;&nbsp;Management fee | 51990 | 12522 |
| &nbsp;&nbsp;&nbsp;Directors' fees | 38004 | 5279 |
| &nbsp;&nbsp;&nbsp;12b-1 distribution plan | 9326 | 2494 |
| &nbsp;&nbsp;&nbsp;Investment securities purchased | 7058 | 2250 |
| &nbsp;&nbsp;&nbsp;Fund administration | 4159 | 716 |
| Unrealized depreciation on forward foreign currency exchange contracts | 32481 | 6446 |
| Distributions payable | 514056 | 85840 |
| Accrued expenses | 105305 | 41754 |
| **Total liabilities** | 827105 | 208952 |
| **Commitments and contingent liabilities** | – | – |
| **NET ASSETS** | $123112560 | $20572674 |
| **COMPOSITION OF NET ASSETS:** |  |  |
| Paid-in capital | $263929060 | $35461684 |
| Total distributable earnings/(loss) | (140816500) | (14889010) |
| **Net Assets** | $123112560 | $20572674 |

---

*See Notes to Financial Statements.* 25

**Statements of Assets and Liabilities (concluded)**

*December 31, 2025*

---

| | | |
|:---|:---|:---|
|  | **Emerging <br> Markets Bond<br> Fund** | **Emerging Markets<br> Corporate Debt<br> Fund** |
| **Net Assets by class:** |  |  |
| Class A Shares | $10660460 | $4817097 |
| Class C Shares | $490263 | $585400 |
| Class F Shares | $205537 | $398079 |
| Class F3 Shares | $2078123 | $10347 |
| Class I Shares | $109086801 | $14039499 |
| Class R3 Shares | $99441 | $43342 |
| Class R4 Shares | $92419 | $11368 |
| Class R5 Shares | $19884 | $73911 |
| Class R6 Shares | $379632 | $593631 |
| **Outstanding shares by class:** |  |  |
| Class A Shares (534 and 513 million shares of common stock authorized, $.001 par value) | 2352358 | 352676 |
| Class C Shares (100 and 85 million shares of common stock authorized, $.001 par value) | 107420 | 42850 |
| Class F Shares (200.25 and 114 million shares of common stock authorized, $.001 par value) | 45300 | 29134 |
| Class F3 Shares (66.75 and 57 million shares of common stock authorized, $.001 par value) | 459151 | 758 |
| Class I Shares (300.37 and 228 million shares of common stock authorized, $.001 par value) | 24098986 | 1029479 |
| Class R3 Shares (26.72 and 28.6 million shares of common stock authorized, $.001 par value) | 21986 | 3173 |
| Class R4 Shares (26.72 and 28.6 million shares of common stock authorized, $.001 par value) | 20416 | 833 |
| Class R5 Shares (26.72 and 28.6 million shares of common stock authorized, $.001 par value) | 4389 | 5410 |
| Class R6 Shares (26.72 and 28.6 million shares of common stock authorized, $.001 par value) | 83862 | 43458 |
| **Net Asset Value, offering and redemption price per share (Net assets divided by outstanding shares):\*** |  |  |
| Class A Shares-Net asset value | $4.53 | $13.66 |
| Class A Shares-Maximum offering price (Net asset value plus sales charge of 2.25% and 2.25%, respectively) | $4.63 | $13.97 |
| Class C Shares-Net asset value | $4.56 | $13.66 |
| Class F Shares-Net asset value | $4.54 | $13.66 |
| Class F3 Shares-Net asset value | $4.53 | $13.66 |
| Class I Shares-Net asset value | $4.53 | $13.64 |
| Class R3 Shares-Net asset value | $4.52 | $13.66 |
| Class R4 Shares-Net asset value | $4.53 | $13.65 |
| Class R5 Shares-Net asset value | $4.53 | $13.66 |
| Class R6 Shares-Net asset value | $4.53 | $13.66 |

---

\* Net asset value may not recalculate due to rounding of fractional shares.

26 *See Notes to Financial Statements.*

**Statements of Operations**

*For the Year Ended December 31, 2025*

---

| | | |
|:---|:---|:---|
|  | **Emerging<br> Markets Bond<br> Fund** | **Emerging Markets<br> Corporate Debt<br> Fund** |
| **Investment income:** |  |  |
| Dividends | $– | $852 |
| Securities lending net income | 9363 | 3327 |
| Interest and other (net of foreign withholding taxes of $2,618 and $1,702, respectively) | 7456599 | 1958571 |
| **Total investment income** | 7465962 | 1962750 |
| **Expenses:** |  |  |
| Management fee | 581152 | 228655 |
| 12b-1 distribution plan–Class A | 18681 | 10573 |
| 12b-1 distribution plan–Class C | 1934 | 5884 |
| 12b-1 distribution plan–Class F | 204 | 458 |
| 12b-1 distribution plan–Class R3 | 759 | 208 |
| 12b-1 distribution plan–Class R4 | 196 | 29 |
| Registration | 121983 | 122433 |
| Professional | 70889 | 60637 |
| Reports to shareholders | 62789 | 28178 |
| Fund administration | 46492 | 13066 |
| Shareholder servicing | 23235 | 40908 |
| Custody | 14556 | 9495 |
| Directors' fees | 4960 | 1484 |
| Other | 34606 | 14849 |
| Gross expenses | 982436 | 536857 |
| &nbsp;&nbsp;&nbsp;Fees waived and expenses reimbursed (See Note 4) | (14763) | (242582) |
| **Net expenses** | 967673 | 294275 |
| **Net investment income** | 6498289 | 1668475 |
| **Net realized and unrealized gain/(loss):** |  |  |
| Net realized gain/(loss) on investments | (1983539) | 80562 |
| Net realized gain/(loss) on futures contracts | (142207) | (136237) |
| Net realized gain/(loss) on forward foreign currency exchange contracts | (43145) | (4077) |
| Net realized gain/(loss) on swap contracts | 34092 | 5004 |
| Net realized gain/(loss) on foreign capital gains taxes | (238) |  |
| Net realized gain/(loss) on foreign currency related transactions | 12783 | (1098) |
| Net change in unrealized appreciation/(depreciation) on investments | 11336334 | 1208184 |
| Net change in unrealized appreciation/(depreciation) on futures contracts | (197337) | 4177 |
| Net change in unrealized appreciation/(depreciation) on forward foreign currency exchange contracts | (45750) | (9026) |
| Net change in unrealized appreciation/(depreciation) on translation of assets and liabilities denominated in foreign currencies | 9154 | 562 |
| **Net realized and unrealized gain/(loss)** | 8980147 | 1148051 |
| **Net Increase in Net Assets Resulting From Operations** | $15478436 | $2816526 |

---

See Notes to Financial Statements. 27

**Statements of Changes in Net Assets**

---

| | | |
|:---|:---|:---|
|  | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** |
| **INCREASE (DECREASE) IN NET ASSETS** | **For the Year Ended<br> December 31, 2025** | **For the Year Ended<br> December 31, 2024** |
| **Operations:** |  |  |
| Net investment income | $6498289 | $6788042 |
| Net realized gain/(loss) | (2122254) | (3197835) |
| Net change in unrealized appreciation/(depreciation) | 11102401 | 4328262 |
| **Net increase in net assets resulting from operations** | 15478436 | 7918469 |
| **Distributions to Shareholders:** |  |  |
| &nbsp;&nbsp;&nbsp;Class A | (511574) | (502340) |
| &nbsp;&nbsp;&nbsp;Class C | (11691) | (15835) |
| &nbsp;&nbsp;&nbsp;Class F | (11650) | (38614) |
| &nbsp;&nbsp;&nbsp;Class F3 | (71330) | (29784) |
| &nbsp;&nbsp;&nbsp;Class I | (5962217) | (6229684) |
| &nbsp;&nbsp;&nbsp;Class R3 | (7904) | (8937) |
| &nbsp;&nbsp;&nbsp;Class R4 | (4276) | (3975) |
| &nbsp;&nbsp;&nbsp;Class R5 | (849) | (1886) |
| &nbsp;&nbsp;&nbsp;Class R6 | (23808) | (21746) |
| **Total distribution to shareholders** | (6605299) | (6852801) |
| **Capital share transactions (See Note 13):** |  |  |
| Net proceeds from sales of shares | 14189103 | 11100808 |
| Reinvestment of distributions | 6565087 | 6806114 |
| Cost of shares reacquired | (17324079) | (23127630) |
| **Net increase (decrease) in net assets resulting from capital share transactions** | 3430111 | (5220708) |
| **Net increase (decrease) in net assets** | 12303248 | (4155040) |
| **NET ASSETS:** |  |  |
| Beginning of year | $110809312 | $114964352 |
| **End of year** | $123112560 | $110809312 |

---

28 See Notes to Financial Statements.

---

| | |
|:---|:---|
| **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** |
| **For the Year Ended<br> December 31, 2025** | **For the Year Ended<br> December 31, 2024** |
| $1668475 | $1593244 |
| (55846) | (340268) |
| 1203897 | 682034 |
| 2816526 | 1935010 |
| (266291) | (280679) |
| (32294) | (64815) |
| (23449) | (45985) |
| (543) | (537) |
| (1336892) | (1199281) |
| (1969) | (2888) |
| (593) | (575) |
| (2990) | (578) |
| (30662) | (20706) |
| (1695683) | (1616044) |
| 6163470 | 20334140 |
| 1690930 | 1609256 |
| (24670049) | (17783770) |
| (16815649) | 4159626 |
| (15694806) | 4478592 |
| $36267480 | $31788888 |
| $20572674 | $36267480 |

---

*See Notes to Financial Statements.* 29

**Financial Highlights**

EMERGING MARKETS BOND FUND

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** |
|  | | **Investment Operations:** | **Investment Operations:** | **Investment Operations:** | **Distributions<br> to<br> shareholders<br> from:** | |
|  |<br>**Net asset<br> value,<br> beginning of<br> period** | **Net**<br> **investment** <br> **income**<br> **(loss)**<sup>(a)</sup> | **Net<br> realized and <br> unrealized<br> gain/(loss)** | **Total from<br> investment <br> operations** | **Net<br> investment<br> income** |<br>**Net asset<br> value,<br> end of<br> period** |
| **Class A** | | | | | | |
| 12/31/2025 | $4.20 | $0.23 | $0.34 | $0.57 | $(0.24) | $4.53 |
| 12/31/2024 | 4.16 | 0.25 | 0.04 | 0.29 | (0.25) | 4.20 |
| 12/31/2023 | 3.97 | 0.20 | 0.20 | 0.40 | (0.21) | 4.16 |
| 12/31/2022 | 4.95 | 0.19 | (0.97) | (0.78) | (0.20) | 3.97 |
| 12/31/2021 | 5.31 | 0.20 | (0.35) | (0.15) | (0.21) | 4.95 |
| **Class C** |  |  |  |  |  |  |
| 12/31/2025 | 4.23 | 0.21 | 0.33 | 0.54 | (0.21) | 4.56 |
| 12/31/2024 | 4.19 | 0.22 | 0.04 | 0.26 | (0.22) | 4.23 |
| 12/31/2023 | 4.00 | 0.18 | 0.19 | 0.37 | (0.18) | 4.19 |
| 12/31/2022 | 4.98 | 0.16 | (0.97) | (0.81) | (0.17) | 4.00 |
| 12/31/2021 | 5.34 | 0.17 | (0.35) | (0.18) | (0.18) | 4.98 |
| **Class F** |  |  |  |  |  |  |
| 12/31/2025 | 4.21 | 0.24 | 0.34 | 0.58 | (0.25) | 4.54 |
| 12/31/2024 | 4.17 | 0.25 | 0.05 | 0.30 | (0.26) | 4.21 |
| 12/31/2023 | 3.98 | 0.21 | 0.20 | 0.41 | (0.22) | 4.17 |
| 12/31/2022 | 4.95 | 0.20 | (0.96) | (0.76) | (0.21) | 3.98 |
| 12/31/2021 | 5.31 | 0.21 | (0.35) | (0.14) | (0.22) | 4.95 |
| **Class F3** |  |  |  |  |  |  |
| 12/31/2025 | 4.20 | 0.24 | 0.34 | 0.58 | (0.25) | 4.53 |
| 12/31/2024 | 4.16 | 0.26 | 0.04 | 0.30 | (0.26) | 4.20 |
| 12/31/2023 | 3.97 | 0.21 | 0.20 | 0.41 | (0.22) | 4.16 |
| 12/31/2022 | 4.94 | 0.20 | (0.96) | (0.76) | (0.21) | 3.97 |
| 12/31/2021 | 5.30 | 0.21 | (0.35) | (0.14) | (0.22) | 4.94 |
| **Class I** |  |  |  |  |  |  |
| 12/31/2025 | 4.20 | 0.24 | 0.34 | 0.58 | (0.25) | 4.53 |
| 12/31/2024 | 4.16 | 0.25 | 0.05 | 0.30 | (0.26) | 4.20 |
| 12/31/2023 | 3.97 | 0.21 | 0.20 | 0.41 | (0.22) | 4.16 |
| 12/31/2022 | 4.94 | 0.20 | (0.96) | (0.76) | (0.21) | 3.97 |
| 12/31/2021 | 5.30 | 0.21 | (0.35) | (0.14) | (0.22) | 4.94 |

---

30 *See Notes to Financial Statements.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Supplemental <br>Data:** | **Supplemental <br>Data:** |
|<br>**Total**<br> **return**<br> **(%)**<sup>(b)</sup> | **Total<br> expenses after<br> waivers and/or<br> reimburse-<br> ments<br> (%)** | **Total<br> expenses<br> (%)** | **Net<br> investment<br> income (loss)<br> (%)** | **Net assets,<br> end of<br> period<br> (000)** | **Portfolio<br> turnover<br> rate<br> (%)** |
| 13.92 | 1.02 | 1.03 | 5.40 | $10660 | 60 |
| 7.13 | 0.99 | 1.01 | 5.89 | 8434 | 72 |
| 10.42 | 0.99 | 0.99 | 5.15 | 8152 | 53 |
| (15.83) | 0.94 | 0.95 | 4.59 | 8420 | 33 |
| (2.81) | 0.87 | 0.87 | 3.89 | 13738 | 56 |
| 13.18 | 1.65 | 1.66 | 4.79 | 490 | 60 |
| 6.47 | 1.62 | 1.63 | 5.17 | 203 | 72 |
| 9.68 | 1.63 | 1.63 | 4.44 | 384 | 53 |
| (16.26) | 1.59 | 1.60 | 3.94 | 546 | 33 |
| (3.41) | 1.52 | 1.52 | 3.24 | 906 | 56 |
| 14.13 | 0.81 | 0.93 | 5.61 | 206 | 60 |
| 7.34 | 0.79 | 0.91 | 5.91 | 209 | 72 |
| 10.62 | 0.79 | 0.89 | 5.25 | 426 | 53 |
| (15.45) | 0.73 | 0.84 | 4.75 | 940 | 33 |
| (2.63) | 0.66 | 0.77 | 4.07 | 2581 | 56 |
| 14.16 | 0.81 | 0.83 | 5.53 | 2078 | 60 |
| 7.36 | 0.78 | 0.80 | 6.13 | 519 | 72 |
| 10.65 | 0.78 | 0.78 | 5.35 | 461 | 53 |
| (15.48) | 0.73 | 0.73 | 4.79 | 753 | 33 |
| (2.63) | 0.65 | 0.66 | 4.06 | 1493 | 56 |
| 14.15 | 0.81 | 0.83 | 5.61 | 109087 | 60 |
| 7.35 | 0.79 | 0.81 | 6.09 | 100727 | 72 |
| 10.64 | 0.79 | 0.79 | 5.34 | 105022 | 53 |
| (15.49) | 0.74 | 0.75 | 4.78 | 111029 | 33 |
| (2.63) | 0.67 | 0.67 | 4.09 | 188299 | 56 |

---

*See Notes to Financial Statements.* 31

**Financial Highlights (concluded)**

EMERGING MARKETS BOND FUND

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** |
|  | | **Investment Operations:** | **Investment Operations:** | **Investment Operations:** | **Distributions<br> to<br> shareholders<br> from:** | |
|  |<br>**Net asset<br> value,<br> beginning of<br> period** | **Net<br> investment <br> income<br> (loss)<sup>(a)</sup>** | **Net<br> realized and <br> unrealized<br> gain/(loss)** | **Total from<br> investment <br> operations** | **Net<br> investment<br> income** |<br>**Net asset<br> value,<br> end of<br> period** |
| **Class R3** |  |  |  |  |  |  |
| 12/31/2025 | $4.20 | $0.22 | $0.32 | $0.54 | $(0.22) | $4.52 |
| 12/31/2024 | 4.16 | 0.23 | 0.05 | 0.28 | (0.24) | 4.20 |
| 12/31/2023 | 3.97 | 0.19 | 0.20 | 0.39 | (0.20) | 4.16 |
| 12/31/2022 | 4.94 | 0.18 | (0.96) | (0.78) | (0.19) | 3.97 |
| 12/31/2021 | 5.30 | 0.18 | (0.34) | (0.16) | (0.20) | 4.94 |
| **Class R4** |  |  |  |  |  |  |
| 12/31/2025 | 4.20 | 0.23 | 0.34 | 0.57 | (0.24) | 4.53 |
| 12/31/2024 | 4.16 | 0.24 | 0.05 | 0.29 | (0.25) | 4.20 |
| 12/31/2023 | 3.97 | 0.20 | 0.20 | 0.40 | (0.21) | 4.16 |
| 12/31/2022 | 4.94 | 0.19 | (0.96) | (0.77) | (0.20) | 3.97 |
| 12/31/2021 | 5.30 | 0.20 | (0.35) | (0.15) | (0.21) | 4.94 |
| **Class R5** |  |  |  |  |  |  |
| 12/31/2025 | 4.20 | 0.24 | 0.34 | 0.58 | (0.25) | 4.53 |
| 12/31/2024 | 4.16 | 0.24 | 0.06 | 0.30 | (0.26) | 4.20 |
| 12/31/2023 | 3.97 | 0.21 | 0.20 | 0.41 | (0.22) | 4.16 |
| 12/31/2022 | 4.94 | 0.20 | (0.96) | (0.76) | (0.21) | 3.97 |
| 12/31/2021 | 5.30 | 0.21 | (0.35) | (0.14) | (0.22) | 4.94 |
| **Class R6** |  |  |  |  |  |  |
| 12/31/2025 | 4.20 | 0.24 | 0.34 | 0.58 | (0.25) | 4.53 |
| 12/31/2024 | 4.16 | 0.26 | 0.04 | 0.30 | (0.26) | 4.20 |
| 12/31/2023 | 3.97 | 0.21 | 0.20 | 0.41 | (0.22) | 4.16 |
| 12/31/2022 | 4.94 | 0.20 | (0.96) | (0.76) | (0.21) | 3.97 |
| 12/31/2021 | 5.30 | 0.21 | (0.35) | (0.14) | (0.22) | 4.94 |

---

<sup>(a)</sup> Calculated using average shares outstanding during the period.

<sup>(b)</sup> Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.

32 *See Notes to Financial Statements.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Supplemental <br>Data:** | **Supplemental <br>Data:** |
|<br>**Total**<br> **return**<br> **(%)**<sup>(b)</sup> | **Total<br> expenses after<br> waivers and/or<br> reimburse-<br> ments<br> (%)** | **Total<br> expenses<br> (%)** | **Net<br> investment<br> income (loss)<br> (%)** | **Net assets,<br> end of<br> period<br> (000)** | **Portfolio<br> turnover<br> rate<br> (%)** |
| 13.33 | 1.31 | 1.32 | 5.13 | $99 | 60 |
| 6.81 | 1.29 | 1.31 | 5.60 | 165 | 72 |
| 10.09 | 1.29 | 1.29 | 4.88 | 151 | 53 |
| (15.92) | 1.24 | 1.25 | 4.28 | 130 | 33 |
| (3.12) | 1.16 | 1.17 | 3.60 | 203 | 56 |
| 13.87 | 1.07 | 1.08 | 5.34 | 92 | 60 |
| 7.08 | 1.04 | 1.06 | 5.84 | 67 | 72 |
| 10.36 | 1.05 | 1.05 | 5.11 | 64 | 53 |
| (15.71) | 0.99 | 1.00 | 4.50 | 35 | 33 |
| (2.88) | 0.92 | 0.93 | 3.84 | 64 | 56 |
| 14.15 | 0.82 | 0.83 | 5.54 | 20 | 60 |
| 7.36 | 0.78 | 0.79 | 5.74 | 10 | 72 |
| 10.64 | 0.79 | 0.79 | 5.36 | 10 | 53 |
| (15.47) | 0.72 | 0.72 | 4.82 | 9 | 33 |
| (2.60) | 0.64 | 0.64 | 4.13 | 11 | 56 |
| 14.16 | 0.80 | 0.81 | 5.65 | 380 | 60 |
| 7.36 | 0.78 | 0.80 | 6.19 | 475 | 72 |
| 10.65 | 0.78 | 0.78 | 5.29 | 294 | 53 |
| (15.48) | 0.73 | 0.74 | 4.81 | 502 | 33 |
| (2.62) | 0.66 | 0.66 | 4.10 | 445 | 56 |

---

See Notes to Financial Statements. 33

**Financial Highlights**

EMERGING MARKETS CORPORATE DEBT FUND

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** |
|  | | **Investment Operations:** | **Investment Operations:** | **Investment Operations:** | **Distributions<br> to<br> shareholders<br> from:** | |
|  |<br>**Net asset<br> value,<br> beginning of<br> period** | **Net**<br> **investment** <br> **income**<br> **(loss)**<sup>(a)</sup> | **Net<br> realized and <br> unrealized<br> gain/(loss)** | **Total from<br> investment <br> operations** | **Net<br> investment<br> income** |<br>**Net asset<br> value,<br> end of<br> period** |
| **Class A** |  |  |  |  |  |  |
| 12/31/2025 | $13.26 | $0.67 | $0.41 | $1.08 | $(0.68) | $13.66 |
| 12/31/2024 | 13.09 | 0.66 | 0.18 | 0.84 | (0.67) | 13.26 |
| 12/31/2023 | 12.86 | 0.60 | 0.25 | 0.85 | (0.62) | 13.09 |
| 12/31/2022 | 15.14 | 0.57 | (2.26) | (1.69) | (0.59) | 12.86 |
| 12/31/2021 | 15.78 | 0.53 | (0.59) | (0.06) | (0.58) | 15.14 |
| **Class C** |  |  |  |  |  |  |
| 12/31/2025 | 13.26 | 0.59 | 0.41 | 1.00 | (0.60) | 13.66 |
| 12/31/2024 | 13.09 | 0.58 | 0.17 | 0.75 | (0.58) | 13.26 |
| 12/31/2023 | 12.86 | 0.52 | 0.25 | 0.77 | (0.54) | 13.09 |
| 12/31/2022 | 15.15 | 0.48 | (2.26) | (1.78) | (0.51) | 12.86 |
| 12/31/2021 | 15.78 | 0.44 | (0.59) | (0.15) | (0.48) | 15.15 |
| **Class F** |  |  |  |  |  |  |
| 12/31/2025 | 13.27 | 0.68 | 0.40 | 1.08 | (0.69) | 13.66 |
| 12/31/2024 | 13.10 | 0.67 | 0.18 | 0.85 | (0.68) | 13.27 |
| 12/31/2023 | 12.86 | 0.59 | 0.29 | 0.88 | (0.64) | 13.10 |
| 12/31/2022 | 15.15 | 0.58 | (2.26) | (1.68) | (0.61) | 12.86 |
| 12/31/2021 | 15.79 | 0.55 | (0.60) | (0.05) | (0.59) | 15.15 |
| **Class F3** |  |  |  |  |  |  |
| 12/31/2025 | 13.26 | 0.70 | 0.42 | 1.12 | (0.72) | 13.66 |
| 12/31/2024 | 13.09 | 0.70 | 0.18 | 0.88 | (0.71) | 13.26 |
| 12/31/2023 | 12.86 | 0.65 | 0.25 | 0.90 | (0.67) | 13.09 |
| 12/31/2022 | 15.14 | 0.61 | (2.25) | (1.64) | (0.64) | 12.86 |
| 12/31/2021 | 15.78 | 0.59 | (0.59) |  | (0.64) | 15.14 |
| **Class I** |  |  |  |  |  |  |
| 12/31/2025 | 13.24 | 0.69 | 0.41 | 1.10 | (0.70) | 13.64 |
| 12/31/2024 | 13.07 | 0.68 | 0.18 | 0.86 | (0.69) | 13.24 |
| 12/31/2023 | 12.84 | 0.63 | 0.25 | 0.88 | (0.65) | 13.07 |
| 12/31/2022 | 15.13 | 0.59 | (2.26) | (1.67) | (0.62) | 12.84 |
| 12/31/2021 | 15.77 | 0.56 | (0.59) | (0.03) | (0.61) | 15.13 |

---

34 *See Notes to Financial Statements.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Supplemental <br>Data:** | **Supplemental <br>Data:** |
|<br>**Total**<br> **return**<br> **(%)**<sup>(b)</sup> | **Total<br> expenses after<br> waivers and/or<br> reimburse-<br> ments<br> (%)** | **Total<br> expenses<br> (%)** | **Net<br> investment<br> income (loss)<br> (%)** | **Net assets,<br> end of<br> period<br> (000)** | **Portfolio<br> turnover<br> rate<br> (%)** |
| 8.32 | 1.05 | 1.86 | 4.95 | $4817 | 69 |
| 6.52 | 1.05 | 1.75 | 4.97 | 5407 | 93 |
| 6.96 | 1.05 | 1.66 | 4.72 | 6214 | 74 |
| (11.19) | 1.05 | 1.44 | 4.27 | 6703 | 55 |
| (0.39) | 1.05 | 1.35 | 3.46 | 10050 | 83 |
| 7.66 | 1.66 | 2.44 | 4.35 | 585 | 69 |
| 5.84 | 1.69 | 2.40 | 4.35 | 885 | 93 |
| 6.21 | 1.68 | 2.29 | 4.10 | 1628 | 74 |
| (11.73) | 1.68 | 2.08 | 3.66 | 1511 | 55 |
| (0.94) | 1.67 | 1.97 | 2.84 | 1748 | 83 |
| 8.42 | 0.95 | 1.75 | 5.05 | 398 | 69 |
| 6.54 | 0.95 | 1.65 | 5.08 | 595 | 93 |
| 7.06 | 0.95 | 1.50 | 4.56 | 960 | 74 |
| (11.09) | 0.95 | 1.31 | 4.28 | 19603 | 55 |
| (0.23) | 0.95 | 1.25 | 3.55 | 61510 | 83 |
| 8.63 | 0.76 | 1.54 | 5.24 | 10 | 69 |
| 6.87 | 0.71 | 1.45 | 5.31 | 10 | 93 |
| 7.34 | 0.70 | 1.33 | 5.07 | 10 | 74 |
| (10.88) | 0.70 | 1.06 | 4.63 | 10 | 55 |
| (0.02) | 0.68 | 0.99 | 3.83 | 11 | 83 |
| 8.53 | 0.85 | 1.58 | 5.17 | 14039 | 69 |
| 6.73 | 0.85 | 1.53 | 5.13 | 28665 | 93 |
| 7.09 | 0.85 | 1.45 | 4.93 | 22504 | 74 |
| (11.02) | 0.85 | 1.28 | 4.57 | 19229 | 55 |
| (0.14) | 0.85 | 1.15 | 3.63 | 5449 | 83 |

---

See Notes to Financial Statements. 35

**Financial Highlights (concluded)**

EMERGING MARKETS CORPORATE DEBT FUND

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** | **Per Share Operating Performance:** |
|  | | **Investment Operations:** | **Investment Operations:** | **Investment Operations:** | **Distributions<br> to<br> shareholders<br> from:** | |
|  |<br>**Net asset<br> value,<br> beginning of<br> period** | **Net**<br> **investment** <br> **income**<br> **(loss)**<sup>(a)</sup> | **Net<br> realized and <br> unrealized<br> gain/(loss)** | **Total from<br> investment <br> operations** | **Net<br> investment<br> income** |<br>**Net asset<br> value,<br> end of<br> period** |
| **Class R3** |  |  |  |  |  |  |
| 12/31/2025 | $13.26 | $0.63 | $0.41 | $1.04 | $(0.64) | $13.66 |
| 12/31/2024 | 13.09 | 0.62 | 0.18 | 0.80 | (0.63) | 13.26 |
| 12/31/2023 | 12.86 | 0.57 | 0.25 | 0.82 | (0.59) | 13.09 |
| 12/31/2022 | 15.14 | 0.53 | (2.26) | (1.73) | (0.55) | 12.86 |
| 12/31/2021 | 15.78 | 0.48 | (0.59) | (0.11) | (0.53) | 15.14 |
| **Class R4** |  |  |  |  |  |  |
| 12/31/2025 | 13.25 | 0.66 | 0.41 | 1.07 | (0.67) | 13.65 |
| 12/31/2024 | 13.09 | 0.65 | 0.17 | 0.82 | (0.66) | 13.25 |
| 12/31/2023 | 12.85 | 0.60 | 0.26 | 0.86 | (0.62) | 13.09 |
| 12/31/2022 | 15.13 | 0.56 | (2.25) | (1.69) | (0.59) | 12.85 |
| 12/31/2021 | 15.77 | 0.53 | (0.60) | (0.07) | (0.57) | 15.13 |
| **Class R5** |  |  |  |  |  |  |
| 12/31/2025 | 13.26 | 0.69 | 0.42 | 1.11 | (0.71) | 13.66 |
| 12/31/2024 | 13.09 | 0.68 | 0.18 | 0.86 | (0.69) | 13.26 |
| 12/31/2023 | 12.86 | 0.63 | 0.25 | 0.88 | (0.65) | 13.09 |
| 12/31/2022 | 15.15 | 0.59 | (2.26) | (1.67) | (0.62) | 12.86 |
| 12/31/2021 | 15.78 | 0.60 | (0.62) | (0.02) | (0.61) | 15.15 |
| **Class R6** |  |  |  |  |  |  |
| 12/31/2025 | 13.26 | 0.70 | 0.42 | 1.12 | (0.72) | 13.66 |
| 12/31/2024 | 13.09 | 0.69 | 0.19 | 0.88 | (0.71) | 13.26 |
| 12/31/2023 | 12.86 | 0.65 | 0.25 | 0.90 | (0.67) | 13.09 |
| 12/31/2022 | 15.15 | 0.62 | (2.27) | (1.65) | (0.64) | 12.86 |
| 12/31/2021 | 15.78 | 0.59 | (0.58) | 0.01 | (0.64) | 15.15 |

---

<sup>(a)</sup> Calculated using average shares outstanding during the period.

<sup>(b)</sup> Total return for Classes A and C does not consider the effects of sales loads and assumes the reinvestment of all distributions. Total return for all other classes assumes the reinvestment of all distributions.

36 *See Notes to Financial Statements.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Ratios to Average Net Assets:** | **Supplemental <br>Data:** | **Supplemental <br>Data:** |
|<br>**Total**<br> **return**<br> **(%)**<sup>(b)</sup> | **Total<br> expenses after<br> waivers and/or<br> reimburse-<br> ments<br> (%)** | **Total<br> expenses<br> (%)** | **Net<br> investment<br> income (loss)<br> (%)** | **Net assets,<br> end of<br> period<br> (000)** | **Portfolio<br> turnover<br> rate<br> (%)** |
| 7.99 | 1.35 | 2.17 | 4.65 | $43 | 69 |
| 6.19 | 1.35 | 2.04 | 4.68 | 40 | 93 |
| 6.64 | 1.35 | 1.96 | 4.43 | 137 | 74 |
| (11.45) | 1.35 | 1.74 | 3.97 | 131 | 55 |
| (0.68) | 1.35 | 1.65 | 3.14 | 228 | 83 |
| 8.26 | 1.10 | 1.89 | 4.91 | 11 | 69 |
| 6.39 | 1.10 | 1.78 | 4.93 | 11 | 93 |
| 6.91 | 1.10 | 1.71 | 4.67 | 11 | 74 |
| (11.24) | 1.10 | 1.47 | 4.17 | 11 | 55 |
| (0.37) | 1.10 | 1.40 | 3.42 | 21 | 83 |
| 8.54 | 0.85 | 1.72 | 5.13 | 74 | 69 |
| 6.73 | 0.85 | 1.55 | 5.15 | 11 | 93 |
| 7.19 | 0.85 | 1.46 | 4.89 | 11 | 74 |
| (11.00) | 0.85 | 1.25 | 4.50 | 17 | 55 |
| (0.20) | 0.85 | 1.18 | 3.83 | 20 | 83 |
| 8.63 | 0.76 | 1.52 | 5.24 | 594 | 69 |
| 6.87 | 0.73 | 1.43 | 5.19 | 643 | 93 |
| 7.25 | 0.70 | 1.36 | 5.06 | 314 | 74 |
| (10.86) | 0.70 | 1.13 | 4.75 | 317 | 55 |
| 0.05 | 0.68 | 1.02 | 3.83 | 150 | 83 |

---

See Notes to Financial Statements. 37

**Notes to Financial Statements**

&nbsp;&nbsp;&nbsp;&nbsp;**1.** ORGANIZATION

Lord Abbett Global Fund, Inc. (the "Company") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company and was incorporated under Maryland law on February 23, 1988.

The Company consists of the following two funds (separately, a "Fund" and collectively, the "Funds") and their respective active share classes:

---

| | |
|:---|:---|
| **Funds** | **Classes** |
| Lord Abbett Emerging Markets Bond Fund <br> ("Emerging Markets Bond Fund") | A, C, F, F3, I, R3, R4, R5 and R6 |
| Lord Abbett Emerging Markets Corporate Debt Fund <br> ("Emerging Markets Corporate Debt Fund") | A, C, F, F3, I, R3, R4, R5 and R6 |

---

Each Fund is diversified as defined in the Act.

Emerging Markets Bond Fund's investment objective is to seek high total return. Emerging Markets Corporate Debt Fund's investment objective is total return.

Each class of shares has different expenses and dividends. A front-end sales charge is normally added to the net asset value ("NAV") for Class A shares. There is no front-end sales charge in the case of Class C, F, F3, I, R3, R4, R5 and R6 shares, although there may be a contingent deferred sales charge ("CDSC") in certain cases as follows: Class A shares purchased without a sales charge and redeemed before the first day of the month in which the one-year anniversary of the purchase falls (subject to certain exceptions as set forth in each Fund's prospectus); Class C shares redeemed before the first anniversary of purchase. Class C shares automatically convert to Class A shares on the 25th day of the month (or, if the 25th day is not a business day, the next business day thereafter) following the eighth anniversary of the month on which the purchase order was accepted, provided that the Funds or financial intermediary through which a shareholder purchased Class C shares have records verifying that the Class C shares have been held at least eight years.

**Basis of Preparation**

The Funds are investment companies and apply the accounting and reporting guidance of the Financial Accounting Standards Board ("FASB") Accounting Standards Codification *Topic 946 Financial Services - Investment Companies*. The preparation of the financial statements in conformity with generally accepted accounting principles in the United States of America ("U.S. GAAP") requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

**Segment Reporting**

An operating segment is defined in FASB Accounting Standards Update ("ASU") 2023-07, *Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures* ("ASU 2023-07") as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available.

**Notes to Financial Statements (continued)**

The CODM for the Funds is Lord, Abbett & Co. LLC ("Lord Abbett") through its Management, Investment and Operating Committees, which are responsible for assessing performance and making decisions about resource allocation. The CODM has determined that each Fund has a single operating segment based on the fact that the CODM monitors the operating results of each Fund as a whole and that the Funds' long-term strategic asset allocation is pre-determined in accordance with the terms of their prospectus, based on a defined investment strategy which is executed by the Funds' portfolio managers as a team. The financial information provided to and reviewed by the CODM is consistent with that presented within the Funds' Schedules of Investments, Statements of Assets and Liabilities, Statements of Operations, Statements of Changes in Net Assets and Financial Highlights.

&nbsp;&nbsp;&nbsp;&nbsp;2. SIGNIFICANT ACCOUNTING POLICIES

---

| | |
|:---|:---|
| (a) | Investment Valuation**–**Under procedures approved by the Funds' Board of Directors (the "Board"), the Board has designated the determination of fair value of the Funds' portfolio investments to Lord Abbett as its valuation designee. Accordingly, Lord Abbett is responsible for, among other things, assessing and managing valuation risks, establishing, applying and testing fair value methodologies, and evaluating pricing services. Lord Abbett has formed a Pricing Committee ("the Pricing Committee") that performs these responsibilities on behalf of Lord Abbett, administers the pricing and valuation of portfolio investments and ensures that prices utilized reasonably reflect fair value. Among other things, these procedures allow Lord Abbett, subject to Board oversight, to utilize independent pricing services, quotations from securities and financial instrument dealers and other market sources to determine fair value. |
|  | Securities actively traded on any recognized U.S. or non-U.S. exchange or on the NASDAQ Stock Market LLC are valued at the last sale price or official closing price on the exchange or system on which they are principally traded. Events occurring after the close of trading on non-U.S. exchanges may result in adjustments to the valuation of foreign securities to reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Pricing Committee uses a third-party fair valuation service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that correlate to the fair-valued securities. Unlisted equity securities are valued at the last quoted sale price or, if no sale price is available, at the mean between the most recently quoted bid and ask prices. Exchange traded options and futures contracts are valued at the last quoted sale price in the market where they are principally traded. If no sale has occurred, the mean between the most recently quoted bid and ask prices is used. Fixed income securities are valued based on evaluated prices supplied by independent pricing services, which reflect broker/dealer supplied 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, options and options on swaps are valued daily using independent pricing services or quotations from broker/dealers to the extent available. |
|  | Securities for which prices are not readily available are valued at fair value as determined by the Pricing Committee. The Pricing Committee considers a number of factors, including observable and unobservable inputs, when arriving at fair value. The Pricing Committee may use 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 |

---

**Notes to Financial Statements (continued)**

---

| |
|:---|
| 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. |
| 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: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 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 December 31, 2025 and, if applicable, Level 3 rollforwards for the fiscal year 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. |
| (b) | Commercial Paper**–**Each Fund may purchase commercial paper. Commercial paper consists of unsecured promissory notes issued by corporations to finance short-term credit needs. Commercial paper is issued in bearer form with maturities generally not exceeding nine months. Commercial paper obligations may include variable amount master demand notes. |
| (c) | Expenses**–**Expenses incurred by the Company that do not specifically relate to an individual fund are generally allocated to the Funds within the Company on a pro rata basis by relative net assets. Expenses, excluding class-specific expenses, are allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day. In addition, Class F3 and R6 shares bear only their class-specific shareholder servicing expenses. Class A, C, F, R3 and R4 shares bear their class- specific share of all expenses and fees relating to the Funds' 12b-1 Distribution Plan. |

---

**Notes to Financial Statements (continued)**

---

| | |
|:---|:---|
| (d) | Floating Rate Loans**–**Each Fund may invest in floating rate loans, which usually take the form of loan participations and assignments. Loan participations and assignments are agreements to make money available to U.S. or foreign corporations, partnerships or other business entities (the "Borrower") in a specified amount, at a specified rate and within a specified time. A loan is typically originated, negotiated and structured by a U.S. or foreign bank, insurance company or other financial institution (the "Agent") for a group of loan investors ("Loan Investors"). The Agent typically administers and enforces the loan on behalf of the other Loan Investors in the syndicate and may hold any collateral on behalf of the Loan Investors. Such loan participations and assignments are typically senior, secured and collateralized in nature. Each Fund records an investment when the Borrower withdraws money and records interest as earned. These loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. These base lending rates are generally the prime rate offered by a designated U.S. bank or Secured Overnight Financing Rate. |
|  | The loans in which each Fund invests may be subject to some restrictions on resale. For example, each Fund may be contractually obligated to receive approval from the Agent and/or Borrower prior to the sale of these investments. Each Fund generally has no right to enforce compliance with the terms of the loan agreement with the Borrower. As a result, each Fund assumes the credit risk of the Borrower, the selling participant and any other persons interpositioned between each Fund and the Borrower ("Intermediate Participants"). In the event that the Borrower, selling participant or Intermediate Participants become insolvent or enter into bankruptcy, each Fund may incur certain costs and delays in realizing payment or may suffer a loss of principal and/or interest. |
|  | Unfunded commitments represent the remaining obligation of each Fund to the Borrower. At any point in time, up to the maturity date of the issue, the Borrower may demand the unfunded portion. Until demanded by the Borrower, unfunded commitments are not recognized as an asset on the Statements of Assets and Liabilities. Unrealized appreciation/(depreciation) on unfunded commitments is presented, if any, on the Statements of Assets and Liabilities and represents mark to market of the unfunded portion of each Fund's floating rate notes. |
|  | As of December 31, 2025, the Funds did not have any unfunded loan commitments. |
| (e) | Foreign Transactions**–**The books and records of each Fund are maintained in U.S. dollars and transactions denominated in foreign currencies are recorded in each Fund's records at the rate prevailing when earned or recorded. Asset and liability accounts that are denominated in foreign currencies are adjusted daily to reflect current exchange rates and any unrealized gain/(loss), if applicable, is included in Net change in unrealized appreciation/(depreciation) on translation of assets and liabilities denominated in foreign currencies in each Fund's Statement of Operations. The resultant exchange gains and losses upon settlement of such transactions, if applicable, are included in Net realized gain/(loss) on foreign currency related transactions in each Fund's Statement of Operations. The Funds do not isolate that portion of the results of operations arising as a result of changes in the foreign exchange rates from the changes in market prices of the securities. |
|  | Each Fund uses foreign currency exchange contracts to facilitate transactions in foreign-denominated securities. Losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts' terms. |

---

**Notes to Financial Statements (continued)**

---

| | |
|:---|:---|
| (f) | Income Taxes**–**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. |
|  | Management has reviewed each Fund's tax positions for all open tax years and has determined that as of December 31, 2025, no liability for Federal Income tax is required in each Fund's financial statements for net unrecognized tax benefits. However, management's conclusions may be subject to future review based on changes in, or the interpretation of, the accounting standards or tax laws and regulations. Each Fund files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. Each Fund's Federal tax returns for the prior three fiscal years remain subject to examination by the Internal Revenue Service. The statutes of limitations on each Fund's state and local tax returns may remain open for an additional year depending upon each Fund's jurisdiction. |
| (g) | Investment Income**–**Dividend income, if any, is recorded on the ex-dividend date. Interest income is recorded on the accrual basis as earned. Discounts are accreted and premiums are amortized using the effective interest method and are included in Interest and other, if applicable, in the Statements of Operations. Withholding taxes on foreign interest and dividends, if applicable, have been provided for in accordance with the applicable country's tax rules and rates. Investment income is allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day. |
| (h) | Mortgage Dollar Rolls**–**Each Fund may enter into mortgage dollar rolls in which a Fund sells mortgage-backed securities for delivery in the current month and simultaneously contracts with the same counterparty to repurchase similar (same type, coupon and maturity) but not identical securities on a specified future date. During the roll period, each Fund loses the right to receive principal (including prepayments of principal) and interest paid on the securities sold. |
| (i) | Repurchase Agreements**–**Each Fund may enter into repurchase agreements with respect to securities. A repurchase agreement is a transaction in which a fund acquires a security and simultaneously commits to resell that security to the seller (a bank or securities dealer) at an agreed-upon price on an agreed-upon date. Each Fund requires at all times that the repurchase agreement be collateralized by cash, or by securities of the U.S. Government, its agencies, its instrumentalities, or U.S. Government sponsored enterprises having a value equal to, or in excess of, the value of the repurchase agreement (including accrued interest). If the seller of the agreement defaults on its obligation to repurchase the underlying securities at a time when the fair value of these securities has declined, each Fund may incur a loss upon disposition of the securities. |
|  | Due to the absence of a master netting agreement related to the Funds' participation in repurchase agreements, no offsetting disclosures have been made on behalf of the Funds. |
| (j) | Security Transactions**–**Security transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Realized and unrealized gains/(losses) are allocated to each class of shares based upon the relative proportion of net assets at the beginning of the day. |

---

**Notes to Financial Statements (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(k) When-Issued, Forward Transactions or To-Be-Announced ("TBA") Transactions **–** Each Fund may purchase portfolio securities on a when-issued or forward basis. When-issued, forward transactions or TBA transactions involve a commitment by a Fund to purchase securities, with payment and delivery ("settlement") to take place in the future, in order to secure what is considered to be an advantageous price or yield at the time of entering into the transaction. During the period between purchase and settlement, the fair value of the securities will fluctuate and assets consisting of cash and/or marketable securities (normally short-term U.S. Government or U.S. Government sponsored enterprise securities) marked to market daily in an amount sufficient to make payment at settlement will be segregated at each Fund's custodian in order to pay for the commitment. At the time each Fund makes the commitment to purchase a security on a when-issued basis, it will record the transaction and reflect the liability for the purchase and fair value of the security in determining its NAV. Each Fund, generally, has the ability to close out a purchase obligation on or before the settlement date rather than take delivery of the security. Under no circumstances will settlement for such securities take place more than 120 days after the purchase date.

&nbsp;&nbsp;&nbsp;&nbsp;3. DERIVATIVE TRANSACTIONS

Derivatives**–**During the fiscal year, the Funds used derivative instruments including forward foreign currency exchange contracts, futures contracts and swap contracts in connection with their investment strategies. Derivative instruments may be used as substitutes for securities in which the Funds can invest, to hedge portfolio investments or to generate income or gain to the Funds. Derivatives may also be used to manage duration, sector and yield curve exposures and credit and spread volatility.

The Funds may be subject to various risks from the use of derivatives, including the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate or index; counterparty credit risk related to derivatives counterparties' failure to perform under contract terms; liquidity risk related to the potential lack of a liquid market for these contracts allowing the Funds to close out their position(s); and documentation risk relating to disagreement over contract terms. Investing in certain derivatives also results in a form of leverage and as such, the Funds' risk of loss associated with these instruments may exceed their value, as recorded on the Statements of Assets and Liabilities.

The Funds are party to various derivative contracts governed by International Swaps and Derivatives Association master agreements ("ISDA agreements"). The Funds' ISDA agreements, which are separately negotiated with each dealer counterparty, may contain provisions allowing, absent other considerations, a counterparty to exercise rights, to the extent not otherwise waived, against the Funds in the event the Funds' net assets decline over time by a pre-determined percentage or fall below a pre-determined floor. The ISDA agreements may also contain provisions allowing, absent other conditions, the Funds to exercise rights, to the extent not otherwise waived, against a counterparty (e.g., decline in a counterparty's credit rating below a specified level). Such rights for both a counterparty and the Funds often include the ability to terminate (i.e., close out) open contracts at prices which may favor a counterparty, which could have an adverse effect on the Funds. The ISDA agreements give the Funds and a counterparty the right, upon an event of default, to close out all transactions traded under such agreements and to net amounts owed or due across all transactions and offset such net payable or receivable against collateral posted to a segregated account by one party for the benefit of the other.

**Notes to Financial Statements (continued)**

Counterparty credit risk may be mitigated to the extent a counterparty posts additional collateral for mark-to-market gains to the Funds.

Forward Foreign Currency Exchange Contracts**–**During the fiscal year, the Funds listed in the tables below are exposed to foreign currency risks associated with some or all of their portfolio investments and, used forward foreign currency exchange contracts to hedge or manage certain of these exposures as part of an investment strategy. Forward foreign currency exchange contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in U.S. dollars without the delivery of the foreign currency.

The values of the forward foreign currency exchange contracts are adjusted daily based on the applicable exchange rate of the underlying currency. Changes in the value of these contracts are recorded as unrealized appreciation or depreciation until the contract settlement date. When the forward foreign currency exchange contract is closed, the Funds record a realized gain or loss equal to the difference between the value at the time the contract was opened and the value at the time it was closed. The Funds also record a realized gain or loss, upon settlement, when a forward foreign currency exchange contract offsets another forward foreign currency exchange contract with the same counterparty.

The Funds' forward foreign currency exchange contracts are subject to master netting arrangements (the right to close out all transactions with a counterparty and net amounts owed or due across transactions).

The Funds may be required to post or receive collateral for non-deliverable forward foreign currency exchange contracts.

Futures Contracts**–**During the fiscal year, the Funds listed in the tables below entered into futures contracts to manage and hedge interest rate risk associated with portfolio investments. During the fiscal year, the Funds also purchased futures contracts to invest incoming cash in the market or sold futures in response to cash outflows, thereby simulating an invested position in the underlying index while maintaining a cash balance for liquidity. Futures contracts provide for the delayed delivery of the underlying instrument at a fixed price or are settled for a cash amount based on the change in the value of the underlying instrument at a specific date in the future. Upon entering into a futures contract, the Funds are required to deposit with the broker, cash or securities in an amount equal to a certain percentage of the contract amount, which is referred to as the initial margin deposit. Subsequent payments, referred to as variation margin, are made or received by the Funds periodically and are based on changes in the market value of open futures contracts. Changes in the market value of open futures contracts are recorded as Net change in unrealized appreciation/(depreciation) on futures contracts on the Statements of Operations. Realized gains or losses, representing the difference between the value of the contract at the time it was opened and the value at the time it was closed, are reported on the Statements of Operations at the closing or expiration of the futures contract. Securities deposited as initial margin are designated on the Schedules of Investments, while cash deposited, which is considered restricted, is recorded on the Statements of Assets and Liabilities. A receivable from and/or a payable to brokers for the daily variation margin is also recorded on the Statements of Assets and Liabilities.

The use of futures contracts exposes the Funds to equity price, foreign exchange and interest rate risks. The Funds may be subject to the risk that the change in the value of the futures contract may not correlate perfectly with the underlying instrument. Use of long futures contracts subjects the

**Notes to Financial Statements (continued)**

Funds to risk of loss in excess of the amounts shown on the Statements of Assets and Liabilities, up to the notional amount of the futures contracts. Use of short futures contracts subjects the Funds to unlimited risk of loss. The Funds may enter into futures contracts only on exchanges or boards of trade. The exchange or board of trade acts as the counterparty to each futures transaction; therefore, the Funds' credit risk is limited to failure of the exchange or board of trade. Under some circumstances, futures exchanges may establish daily limits on the amount that the price of a futures contract can vary from the previous day's settlement price, which could effectively prevent liquidation of positions.

The Funds' futures contracts are not subject to master netting arrangements (the right to close out all transactions traded with a counterparty and net amounts owed or due across transactions).

Swap Contracts**–**The Funds may engage in swap transactions to manage credit and interest rate (e.g., duration, yield curve) risks within their respective portfolios. Swap transactions are contracts negotiated over-the-counter ("OTC") between a fund and a counterparty or are centrally cleared ("centrally cleared swaps") through a central clearinghouse managed by a Futures Commission Merchant ("FCM") that exchange investment cash flows, assets, foreign currencies or market-linked returns at specified, future intervals.

Upfront payments made and/or received by the Funds are recorded as assets or liabilities, respectively, on the Statements of Assets and Liabilities and are amortized over the term of the swap. The value of OTC swap contract agreements is recorded as either an asset or a liability on the Statements of Assets and Liabilities at the beginning of the measurement period. Upon entering into a centrally cleared swap, the Funds are required to deposit with the FCM cash or securities, which is referred to as initial margin deposit. Securities deposited as initial margin are designated on the Schedules of Investments, while cash deposited, which is considered restricted, is reported as Deposits with brokers for swap contracts collateral on the Statements of Assets and Liabilities. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a variation margin receivable or payable on the Statements of Assets and Liabilities. The change in the value of swaps, including accruals of periodic amounts of interest to be paid or received on swaps, is reported as Net change in unrealized appreciation/(depreciation) on swap contracts on the Statements of Operations. A realized gain or loss is recorded upon payment or receipt of a periodic payment or payment made upon termination of a swap agreement.

The central clearinghouse acts as the counterparty to each centrally cleared swap transaction; therefore credit risk is limited to the failure of the clearinghouse.

The Funds' OTC swap contract agreements are subject to master netting arrangements.

Credit Default Swap Contracts–During the fiscal year, the Funds listed in the tables below entered into credit default swaps to simulate long and/or short bond positions or to take an active long and/or short position with respect to the likelihood of a default or credit event by the issuer of the underlying reference obligation.

The underlying reference obligation may be a single issuer of corporate or sovereign debt, a basket of issuers or a credit index. A credit index is a list of credit instruments or exposures that reference a fixed number of obligors with shared characteristics that represents some part of the credit market as a whole. Index credit default swaps have standardized terms including a fixed spread and standard maturity dates. The composition of the obligations within a particular index changes periodically.

**Notes to Financial Statements (continued)**

Credit default swaps involve one party, the protection buyer, making a stream of payments to another party, the protection seller, in exchange for the right to receive a contingent payment if there is a credit event related to the underlying reference obligation. In the event that the reference obligation matures prior to the termination date of the contract, a similar security will be substituted for the duration of the contract term. Credit events are defined under individual swap agreements and generally include bankruptcy, failure to pay, restructuring, repudiation/moratorium, obligation acceleration and obligation default.

If a credit event occurs, the Funds, as protection sellers, would be obligated to make a payment, which may be either: (i) a net cash settlement equal to the notional amount of the swap less the auction value of the reference obligation or (ii) the notional amount of the swap in exchange for the delivery of the reference obligation. Selling protection effectively adds leverage to the Fund's portfolio up to the notional amount of swap agreements. The notional amount represents the maximum potential liability under a contract and is not reflected on the Statements of Assets and Liabilities. Potential liabilities under these contracts may be reduced by: the auction rates of the underlying reference obligations; upfront payments received at the inception of a swap; and net amounts received from credit default swaps purchased with identical reference obligations.

Summary of Derivatives Information**–**As of December 31, 2025, the Funds in the tables below had the following derivatives at fair value, grouped into appropriate risk categories and respective location on the Statements of Assets and Liabilities:

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| | | | |
|:---|:---|:---|:---|
| **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** |
| **Asset Derivatives** | **Statements of Assets<br> and Liabilities Location** | **Interest<br> Rate<br> Contracts** | **Foreign<br> Currency<br> Contracts** |
| Futures Contracts<sup>(1)</sup> | Receivable, variation margin for futures contracts | $82292 | – |
| **Liability Derivatives** |  |  |  |
| Forward Foreign Currency Exchange Contracts | Unrealized depreciation on forward foreign currency exchange contracts |  | $32481 |
| Futures Contracts<sup>(1)</sup> | Payable, variation margin for futures contracts | $116932 | – |
| **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** |
| **Asset Derivatives** | **Statements of Assets<br> and Liabilities Location** | **Interest<br> Rate<br> Contracts** | **Foreign<br> Currency<br> Contracts** |
| Futures Contracts<sup>(1)</sup> | Receivable, variation margin for futures contracts | $8009 | – |
| **Liability Derivatives** |  |  |  |
| Forward Foreign Currency Exchange Contracts | Unrealized depreciation on forward foreign currency exchange contracts |  | $6446 |
| Futures Contracts<sup>(1)</sup> | Payable, variation margin for futures contracts | $4545 | – |

---

<br> <sup>(1)</sup> Includes cumulative unrealized appreciation/(depreciation) of futures contracts as reported in the Schedules of Investments. Only current day's variation margin is reported within the Statements of Assets and Liabilities.

**Notes to Financial Statements (continued)**

The following tables present the effect of derivatives for each Fund on the Statements of operations for the fiscal year ended December 31, 2025:

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| | | | | |
|:---|:---|:---|:---|:---|
| **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** |
|  | **Statements of<br> Operations<br> Location** | **Inflation<br> Linked/<br> Interest<br> Rate<br> Contracts** | **Foreign<br> Currency<br> Contracts** | **Credit<br> Contracts** |
| **Amount of Realized Gain/(Loss) on Derivatives** | **Amount of Realized Gain/(Loss) on Derivatives** |  |  |  |
| &nbsp;&nbsp;&nbsp;Credit Default Swap Contracts | Net realized gain/(loss) on swap contracts |  |  | $34092 |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | Net realized gain/(loss) on forward foreign currency exchange contracts |  | $(43145) |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts | Net realized gain/(loss) on futures contracts | $(142207) |  |  |
| **Amount of Net Change in Unrealized Appreciation/(Depreciation) on Derivatives** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | Net change in unrealized appreciation/(depreciation) on forward foreign currency exchange contracts |  | $(45750) |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts | Net change in unrealized appreciation/(depreciation) on futures contracts | $(197337) |  |  |
| **Derivatives volume calculated based on the number of contracts or notional amounts** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Credit Default Swap Contracts |  |  |  | $540154 |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  |  | $1460555 |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts |  | 299 | – | – |

---

**Notes to Financial Statements (continued)**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** |
|  | **Statements of<br> Operations<br> Location** | **Inflation<br> Linked/<br> Interest<br> Rate<br> Contracts** | **Foreign<br> Currency<br> Contracts** | **Credit<br> Contracts** |
| **Amount of Realized Gain/(Loss) on Derivatives** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Credit Default Swap Contracts | Net realized gain/(loss) on swap contracts |  |  | $5004 |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | Net realized gain/(loss) on forward foreign currency exchange contracts |  | $(4077) |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts | Net realized gain/(loss) on futures contracts | $(136237) |  |  |
| **Amount of Net Change in Unrealized Appreciation/(Depreciation) on Derivatives** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | Net change in unrealized appreciation/(depreciation) on forward foreign currency exchange contracts |  | $(9026) |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts | Net change in unrealized appreciation/(depreciation) on futures contracts | $4177 |  |  |
| **Derivatives volume calculated based on the number of contracts or notional amounts** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Credit Default Swap Contracts |  |  |  | $79154 |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  |  | $252855 |  |
| &nbsp;&nbsp;&nbsp;Futures Contracts |  | 59 | – | – |

---

Disclosures About Offsetting Assets and Liabilities**–**FASB requires disclosures intended to help better assess the effect or potential effect of offsetting arrangements on a fund's financial position. The following tables illustrate gross and net information about recognized assets and liabilities eligible for offset in the Statements of Assets and Liabilities, and disclose such amounts subject to an enforceable master netting agreement or similar agreement, by the counterparty. A master netting agreement is an agreement between a fund and a counterparty which provides for the net settlement of amounts owed under all contracts traded under that agreement, as well as cash collateral, through a single payment by one party to the other in the event of default on or termination of any one contract. The Funds' accounting policy with respect to balance sheet offsetting is that, absent an event of default by the counterparty or a termination of the agreement, the master netting agreement does not result in an offset of reported amounts of financial assets and liabilities in the Statements of Assets and Liabilities across transactions between the Funds and the applicable counterparty.

---

| | | | |
|:---|:---|:---|:---|
| **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** | **Emerging Markets Bond Fund** |
| **Description** | **Gross Amounts of<br> Recognized Liabilities** | **Gross Amounts<br> Offset in the<br> Statement of Assets<br> and Liabilities** | **Net Amounts of<br> Liabilities Presented<br> in the Statement of<br> Assets and Liabilities** |
| Forward Foreign Currency Exchange Contracts | $32481 | $– | $32481 |
| &nbsp;&nbsp;&nbsp;Total | $32481 | $– | $32481 |

---

**Notes to Financial Statements (continued)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Net Amounts<br> of Liabilities<br> Presented in<br> the Statement<br> of Assets and<br> Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | |
| <br>**Counterparty** | **Net Amounts<br> of Liabilities<br> Presented in<br> the Statement<br> of Assets and<br> Liabilities** | **Financial<br> Instruments** | **Cash<br> Collateral<br> Pledged**<sup>(a)</sup> | **Securities<br> Collateral<br> Pledged**<sup>(a)</sup> |<br>**Net<br> Amount**<sup>(b)</sup> |
| State Street Bank and Trust | $32481 | $– | $– | $– | $32481 |
| &nbsp;&nbsp;&nbsp;Total | $32481 | $– | $– | $– | $32481 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** | **Emerging Markets Corporate Debt Fund** |
| **Description** | **Gross Amounts of<br> Recognized Liabilities** | **Gross Amounts<br> Offset in the<br> Statement of Assets<br> and Liabilities** | **Net Amounts of<br> Liabilities Presented<br> in the Statement of<br> Assets and Liabilities** |
| Forward Foreign Currency Exchange Contracts | $6446 | $– | $6446 |
| &nbsp;&nbsp;&nbsp;Total | $6446 | $– | $6446 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Net Amounts<br> of Liabilities<br> Presented in<br> the Statement<br> of Assets and<br> Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | **Amounts Not Offset in the<br> Statement of Assets and Liabilities** | |
| <br>**Counterparty** | **Net Amounts<br> of Liabilities<br> Presented in<br> the Statement<br> of Assets and<br> Liabilities** | **Financial<br> Instruments** | **Cash<br> Collateral<br> Pledged**<sup>(a)</sup> | **Securities<br> Collateral<br> Pledged**<sup>(a)</sup> |<br>**Net<br> Amount**<sup>(b)</sup> |
| State Street Bank and Trust | $6446 | $– | $– | $– | $6446 |
| &nbsp;&nbsp;&nbsp;Total | $6446 | $– | $– | $– | $6446 |

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<sup>(a)</sup> Collateral disclosed is limited to an amount not to exceed 100% of the net amount of assets (liabilities) presented in the Statements of Assets and Liabilities, for each respective counterparty.

<sup>(b)</sup> Net amount represents the amount owed by the Fund to the counterparty as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;4. MANAGEMENT FEE AND OTHER TRANSACTIONS WITH AFFILIATES

**Management Fee**

The Company has a management agreement with Lord Abbett, pursuant to which Lord Abbett provides each Fund with investment management services and executive and other personnel, provides office space and pays for ordinary and necessary office and clerical expenses relating to research and statistical work and supervision of each Fund's investment portfolio. The management fee is accrued daily and payable monthly.

The management fee is based on each Fund's average daily net assets at the following annual rates:

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| | |
|:---|:---|
| Emerging Markets Bond Fund |  |
| First $1 billion | .50% |
| Over $1 billion | .45% |
| Emerging Markets Corporate Debt Fund | Emerging Markets Corporate Debt Fund |
| First $2 billion | .70% |
| Next $3 billion | .65% |
| Over $5 billion | .60% |

---

**Notes to Financial Statements (continued)**

For the fiscal year ended December 31, 2025, the effective management fee, net of any applicable waivers, was at the following annualized rate of each Fund's average daily net assets:

---

| | |
|:---|:---|
| **Fund** | **Net Effective**<br> **Management Fee** |
| Emerging Markets Bond Fund | .50% |
| Emerging Markets Corporate Debt Fund | .00% |

---

In addition, Lord Abbett provides certain administrative services to each Fund pursuant to an Administrative Services Agreement in return for a fee at an annual rate of .04% of each Fund's average daily net assets. The fund administration fee is accrued daily and payable monthly.

Lord Abbett voluntarily waived certain fees and expenses during the fiscal year ended December 31, 2025:

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| | |
|:---|:---|
| **Fund** | **Amount** |
| Emerging Markets Bond Fund | $14559 |

---

For the fiscal year ended December 31, 2025 and continuing through April 30, 2026. Lord Abbett has contractually agreed to waive its fees and reimburse its expenses to the extent necessary to limit the total net annual operating expenses, (excluding certain expenses such as acquired fund fees and expenses, if applicable) to the following annual rates:

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| | | |
|:---|:---|:---|
| | **Classes** | **Classes** |
| **Fund** | **A, C, F, I,**<br> **R3, R4, R5** | **F3 and R6** |
| Emerging Markets Corporate Debt Fund | .85% | .76% |

---

All contractual fee waivers and expense reimbursement agreements between the Fund and Lord Abbett may be terminated only upon the approval of the Board.

**12b-1 Distribution Plan**

Each Fund has adopted a distribution plan with respect to Class A, C, F, R3 and R4 shares pursuant to Rule 12b-1 under the 1940 Act, which provides for the payment of ongoing distribution and service fees to Lord Abbett Distributor LLC (the "Distributor"), an affiliate of Lord Abbett. The distribution and service fees are accrued daily and payable monthly. The following annual rates have been authorized by the Board pursuant to the plan:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fees\*** | **Class A** | **Class C**<sup>(1)</sup> | **Class F**<sup>(2)(3)</sup> | **Class R3\*\*** | **Class R4** |
| Service | .15% | .25% |  | .25% | .25% |
| Distribution | .05% | .75% | .10% | .25% |  |

---

\* The Funds may designate a portion of the aggregate fees attributable to service activities for purposes of calculating Financial Industry Regulatory Authority, Inc. sales charge limitations.

\*\* Prior to the sale of shares to unaffiliated investors, service and distribution fees were fully waived.

<sup>(1)</sup> The Rule 12b-1 fee each Fund pays on Class C shares is a blended rate based on 1.00% of each Fund's average daily net assets attributable to Class C shares held less than 1 year and .80% (.25% service and .55% distribution) of each Fund's average daily net assets attributable to Class C shares held for 1 year or more. All Class C shareholders will bear Rule 12b-1 fees at the same rate.

<sup>(2)</sup> The Class F shares Rule 12b-1 fee may be designated as a service fee in limited circumstances as described in the Funds' prospectus.

<sup>(3)</sup> For the fiscal year ended December 31, 2025 and continuing through April 30, 2026, the Distributor has contractually agreed to waive Emerging Markets Bond Fund's 0.10% Rule 12b-1 fee for Class F shares. This agreement may be terminated only by the Board.

Class F3, Class I, Class R5 and Class R6 shares do not have a distribution plan.

**Notes to Financial Statements (continued)**

**Commissions**

The Distributor received the following commissions on sales of shares of each Fund, after concessions were paid to authorized dealers, during the fiscal year ended December 31, 2025:

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| | | |
|:---|:---|:---|
| | **Distributor**<br> **Commissions** | **Dealers'**<br> **Concessions** |
| Emerging Markets Bond Fund | $1019 | $19355 |
| Emerging Markets Corporate Debt Fund | 164 | 4706 |

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One Director and certain of the Fund's officers have an interest in Lord Abbett.

**Other Related Parties**

As of December 31, 2025, the percentage of Emerging Markets Bond Fund's outstanding shares owned by Lord Abbett Multi-Asset Balanced Opportunity Fund and Lord Abbett Multi-Asset Income Fund were 62.13% and 22.78%, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;5. DISTRIBUTIONS AND TAX INFORMATION

Dividends are paid from net investment income, if any. Capital gain distributions are paid from taxable net realized gains from investments transactions, reduced by allowable capital loss carryforwards, if any. The capital loss carryforward amount, if any, is available to offset future net capital gains. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amounts of dividends and distributions from net investment income and net realized capital gains are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP. These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions, which exceed earnings and profits for tax purposes, are reported as a tax return of capital.

The tax character of distributions paid during the fiscal year ended December 31, 2025 was as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Ordinary<br> Income** | **Net<br> Long-Term<br> Capital Gains** | **Return of<br> Capital** | **Total<br> Distributions<br> Paid** |
| Emerging Markets Bond Fund | $6605299 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $6605299 |
| Emerging Markets Corporate Debt Fund | 1695683 |  |  | 1695683 |
| The tax character of distributions paid during the fiscal year ended December 31, 2024 was as follows: | The tax character of distributions paid during the fiscal year ended December 31, 2024 was as follows: | The tax character of distributions paid during the fiscal year ended December 31, 2024 was as follows: | The tax character of distributions paid during the fiscal year ended December 31, 2024 was as follows: | The tax character of distributions paid during the fiscal year ended December 31, 2024 was as follows: |
| **Fund** | **Ordinary<br> Income** | **Net<br> Long-Term<br> Capital Gains** | **Return of<br> Capital** | **Total<br> Distributions<br> Paid** |
| Emerging Markets Bond Fund | $6852801 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $6852801 |
| Emerging Markets Corporate Debt Fund | 1616044 |  |  | 1616044 |

---

**Notes to Financial Statements (continued)**

As of December 31, 2025, the components of distributable earnings/(loss) on a tax basis were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Fund** | **Undistributed<br> Ordinary<br> Income** | **Undistributed<br> Net<br> Long-Term<br> Capital Gains** | **Accumulated<br> Capital and<br> Other Losses** | **Unrealized<br> Appreciation/<br> (Depreciation)** | **Temporary<br> Differences** | **Total<br> Distributable<br> Earnings/<br> (Loss)** |
| Emerging Markets Bond Fund | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $(142090936) | $1826496 | $(552060) | $(140816500) |
| Emerging Markets Corporate Debt Fund |  |  | (14274744) | (590109) | (24157) | (14889010) |

---

Net capital losses recognized by the Funds may be carried forward indefinitely and retain their character as short-term and/or long-term losses. Capital losses incurred that will be carried forward are as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Fund** | **Short-Term<br> Losses** | **Long-Term<br> Losses** | **Net Capital<br> Losses** |
| Emerging Markets Bond Fund | $(43546220) | $(98512235) | $(142058455) |
| Emerging Markets Corporate Debt Fund | (6084507) | (8190237) | (14274744) |

---

As of December 31, 2025, the tax cost of investments and the breakdown of unrealized appreciation/(depreciation) for each Fund are shown below. The difference between book-basis and tax basis unrealized appreciation/(depreciation) is attributable to the tax treatment of certain securities, other financial instruments, amortization of premium, and wash sales.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fund** | **Tax Cost of<br> Investments** | **Gross<br> Unrealized<br> Appreciation** | **Gross<br> Unrealized<br> Depreciation** | **Net<br> Unrealized<br> Appreciation/<br> (Depreciation)** |
| Emerging Markets Bond Fund | $119239172 | $6751516 | $(4925916) | $1825600 |
| Emerging Markets Corporate Debt Fund | 20770432 | 591609 | (1155188) | (563579) |

---

Permanent items identified, as shown below, have been reclassified among the components of net assets based on their tax treatment. The permanent differences are primarily attributable to tax treatment of certain distributions and net operating loss.

---

| | | |
|:---|:---|:---|
| **Fund** | **Total Distributable <br>Earnings/(Loss)** | **Paid-in <br>Capital** |
| Emerging Markets Bond Fund | $167762 | $(167762) |
| Emerging Markets Corporate Debt Fund |  |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;6. PORTFOLIO SECURITIES TRANSACTIONS

Purchases and sales of investment securities (excluding short-term investments) for the fiscal year ended December 31, 2025 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **U.S.<br> Government<br> Purchases** | **Non-U.S.<br> Government<br> Purchases** | **U.S.<br> Government<br> Sales** | **Non-U.S.<br> Government<br> Sales** |
| Emerging Markets Bond Fund | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $68559198 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – | $68412324 |
| Emerging Markets Corporate Debt Fund |  | 21824733 |  | 37153254 |

---

Each Fund is permitted to purchase and sell securities ("cross-trade") from and to other Lord Abbett funds or client accounts pursuant to procedures approved by the Board in compliance with Rule 17a-7 under the 1940 Act (the "Rule"). Each cross-trade is executed at a fair market price in compliance with provisions of the Rule. For the fiscal year ended December 31, 2025, the Funds did not engage in cross trade purchases or sales.

**Notes to Financial Statements (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;**7.** DIRECTORS' REMUNERATION

The Company's officers and one Director, who are associated with Lord Abbett, do not receive any compensation from the Company for serving in such capacities. Independent Directors' fees are allocated among all Lord Abbett-sponsored funds primarily based on the relative net assets of each fund. There is an equity-based plan available to all Independent Directors under which Independent Directors may elect to defer receipt of a portion of Directors' fees. The deferred amounts are treated as though equivalent dollar amounts had been invested in the Funds. Such amounts and earnings accrued thereon are included in Directors' fees in the Statements of Operations and in Directors' fees payable in the Statements of Assets and Liabilities and are not deductible for U.S. federal income tax purposes until such amounts are paid.

&nbsp;&nbsp;&nbsp;&nbsp;**8.** LINE OF CREDIT

For the period ended June 5, 2025, the Funds and certain other funds managed by Lord Abbett (collectively, the "Participating Funds") were party to a syndicated line of credit facility with various lenders for $1.6 billion (the "Syndicated Facility") under which State Street Bank and Trust Company ("SSB") participated as a lender and as agent for the lenders. The Participating Funds were subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million, $700 million or $1 billion, in each case based on past borrowings and likelihood of future borrowings, among other factors.

Effective June 6, 2025, the Participating Funds renewed the Syndicated Facility for $1.675 billion. The Participating Funds are subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million, $300 million, $700 million or $1 billion, in each case based on past borrowings and likelihood of future borrowings, among other factors.

For the period ended June 5, 2025, the Participating Funds were also party to an additional uncommitted line of credit facility with SSB for $330 million (the "Bilateral Facility"). Under the Bilateral Facility, the Participating Funds were subject to graduated borrowing limits of the lesser of either one-third or one-fifth of unencumbered fund net assets and $250 million based on past borrowings and likelihood of future borrowings, among other factors.

Effective June 6, 2025, the Participating Funds renewed the Bilateral Facility in the same amount. The Participating Funds remain subject to the same borrowing limits as were in place prior to the renewal.

These credit facilities are to be used for short-term working capital purposes as additional sources of liquidity to satisfy redemptions.

For the fiscal year ended December 31, 2025, the Funds did not utilize the Syndicated Facility or Bilateral Facility.

&nbsp;&nbsp;&nbsp;&nbsp;**9.** INTERFUND LENDING PROGRAM

Pursuant to an exemptive order issued by the U.S. Securities and Exchange Commission ("SEC exemptive order") certain registered open-end management investment companies managed by Lord Abbett, including each Fund, participate in a joint lending and borrowing program (the "Interfund Lending Program"). The SEC exemptive order allows the funds that participate in the Interfund Lending Program to borrow money from and lend money to each other for temporary or emergency purposes subject to the limitations and conditions.

**Notes to Financial Statements (continued)**

During the fiscal year ended December 31, 2025, the Funds did not participate as a borrower or lender in the Interfund Lending Program.

&nbsp;&nbsp;&nbsp;&nbsp;**10.** CUSTODIAN AND ACCOUNTING AGENT

SSB is the Company's custodian and accounting agent. SSB performs custodial, accounting and recordkeeping functions relating to portfolio transactions and calculating each Fund's NAV.

&nbsp;&nbsp;&nbsp;&nbsp;**11.** 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. Any income earned from securities lending is included in Securities lending net income, if any, in each Fund's Statement of Operations.

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 December 31, 2025, the Fund did not have any securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;**12.** INVESTMENT RISKS

Each Fund is subject to the risks of investing in securities that are issued by non-U.S. entities, the risks of investing in derivatives, liquidity risk, and the risks from leverage.

Foreign securities may pose greater risks than domestic securities, including greater price fluctuations, less government regulation, higher transaction costs and other costs, and delays in settlement to the extent they are traded on non-U.S. exchanges or markets. Foreign securities may also be subject to inadequate exchange control regulations and the imposition of economic sanctions or other government restrictions. These risks generally are greater for emerging markets securities. Foreign investments also may be affected by changes in currency rates or currency controls.

The risks associated with derivatives may be different from and greater than the risks associated with directly investing in securities. Derivatives are subject to risks such as liquidity risk, leveraging risk, interest rate risk, market risk, and credit risk. Derivatives also involve the risk of mispricing or improper valuation and the risk that changes in the value of the derivative may not correlate perfectly with the value of the underlying asset, rate, or index. Whether a Fund's use of derivatives is successful will depend on, among other things, the Fund's ability to correctly forecast market movements, changes in foreign exchange and interest rates, and other factors. Losses may also arise

**Notes to Financial Statements (continued)**

from the failure of a derivative counterparty to meet its contractual obligations. If a Fund incorrectly forecasts these and other factors, its performance could suffer. A Fund's use of derivatives could result in a loss exceeding the amount of the Fund's investment in these instruments.

Each Fund may invest in swap contracts. Swap contracts are bilateral agreements between a fund and its counterparty. Each party is exposed to the risk of default by the other. In addition, swap contracts may involve a small investment of cash compared to the risk assumed, with the result that small changes may produce disproportionate and substantial gains or losses to a Fund. Each Fund may invest in convertible securities, which have both equity and fixed income risk characteristics. Generally, convertible securities offer lower interest or dividend yields than nonconvertible securities of similar quality and less potential for gains or capital appreciation in a rising equity securities market than equity securities. They tend to be more volatile than other fixed income securities and the market for convertible securities may be less liquid than markets for stocks or bonds. A significant portion of convertible securities have below investment grade credit ratings and are subject to increased credit and liquidity risks.

Each Fund may invest in credit default swap and interest rate swap contracts. Such contracts are subject to the risk that there will be no liquid market for these agreements, that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. Credit default swaps are subject to the risk that Lord Abbett does not correctly predict the creditworthiness of the issuers of the reference obligation on which the swap is based. Interest rate swaps are subject to the risk that Lord Abbett does not correctly anticipate changes in interest rates.

Each Fund may invest in senior loans, which are subject to increased credit and liquidity risks. Senior loans are business loans made to borrowers that may be U.S. or foreign corporations, partnerships, or other business entities. The senior loans in which a Fund invests may consist primarily of senior loans that are rated below investment grade or, if unrated, deemed by Lord Abbett to be equivalent to below investment grade securities. Below investment grade senior loans, as in the case of high yield debt securities, or junk bonds, are usually more credit sensitive than interest rate sensitive, although the value of these instruments may be impacted by broader interest rate swings in the overall fixed income market. In addition, senior loans may be subject to structural subordination.

Illiquid securities may lower a Fund's returns since it may be unable to sell these securities at its desired time or price. To the extent illiquid securities can be sold, a Fund may have to do so at disadvantageous prices in order to meet requests for the redemption of Fund shares.

Leverage, including borrowing, may increase volatility in a Fund by magnifying the effect of changes in the value of each Fund's holdings. The use of leverage may cause investors in a Fund to lose more money in adverse environments than would be the case in the absence of leverage. Each Fund is subject to the general risks and considerations associated with investing in debt securities and to the changing prospects of individual companies and/or sectors in which a Fund invests, including interest rate risk. When interest rates rise, the prices of debt securities and an investment in a Fund are likely to decline. In times of economic uncertainty, high-yield debt securities ("lower-rated bonds" or "junk bonds") may decline in price, even when interest rates are falling. There is also the risk that an issuer of a debt security will fail to make timely payments of principal or interest to a Fund, a risk that is greater with junk bonds. A default, or concerns in the market about an increase in risk of default, may result in losses to a Fund. High-yield securities are subject to greater price fluctuations, as well as additional risks. The market for below investment grade securities may be less liquid, which may make such securities more difficult to sell at an acceptable price, especially during periods of financial distress, increased market volatility, or significant market decline.

**Notes to Financial Statements (continued)**

Each Fund is subject to the risk of investing in securities issued or guaranteed by the U.S. Government or its agencies and instrumentalities (such as the Government National Mortgage Association ("Ginnie Mae"), the Federal National Mortgage Association ("Fannie Mae"), or the Federal Home Loan Mortgage Corporation ("Freddie Mac")). Unlike Ginnie Mae securities, securities issued or guaranteed by U.S. Government-related organizations such as Fannie Mae and Freddie Mac are not backed by the full faith and credit of the U.S. Government and no assurance can be given that the U.S. Government would provide financial support to its agencies and instrumentalities if not required to do so by law. Consequently, each Fund may be required to look principally to the agency issuing or guaranteeing the obligation. The mortgage-related and asset-backed securities in which a Fund may invest may be particularly sensitive to changes in prevailing interest rates, economic conditions, including delinquencies and/or defaults. These changes can affect the value, income and/or liquidity of such positions. When interest rates are declining, the value of these securities with prepayment features may not increase as much as other fixed income securities. Early principal repayment may deprive a Fund of income payments above current market rates. Alternatively, rising interest rates may cause payments to occur at a slower-than-expected rate, extending the duration of a security and typically reducing its value. The payment rate will thus affect the price and volatility of a mortgage related security.

The cost of a Fund's potential use of forward foreign currency exchange contracts varies with factors such as the currencies involved, the length of the contract period, and the market conditions prevailing. Foreign currency exchange rates may fluctuate significantly over short periods of time. Each Fund's use of currency-related transactions involves the risk that Lord Abbett will not accurately predict currency movements, and each Fund's returns could be reduced as a result. A decline in the value of foreign currencies relative to the U.S. dollar will reduce the value of securities held by the Funds that are denominated in those currencies. The securities markets of developing or emerging countries tend to be more vulnerable to economic, political and social instability, less liquid, are especially subject to greater price volatility, have a smaller market capitalization, have less government regulation and may not be subject to as extensive and frequent accounting, financial, and other reporting requirements as securities issued in more developed countries.

Bonds issued or guaranteed by foreign governments and governmental entities (commonly referred to as "sovereign debt") are subject to the risk that such governments or entities are unable or unwilling to make interest payments and/or repay the principal owed. Each Fund may have limited recourse in such instances.

The Funds believe that their investment strategies with respect to foreign currencies will generate qualifying income under current U.S. federal income tax law. However, there can be no assurance that the U.S. Treasury Department will not issue regulations in the future (possibly with retroactive effect) that would treat some or all of each Fund's foreign currency gains as non-qualifying income.

Geopolitical and other events, such as war, acts of terrorism, tariffs and other restrictions on trade, natural disasters, the spread of infectious illnesses, epidemics and pandemics, environmental and other public health issues, supply chain disruptions, inflation, recessions or other events, and governments' reactions to such events, may lead to increased market volatility and instability in world economies and markets generally and may have adverse effects on the performance of a Fund and its investments.

A widespread health crisis, such as a global pandemic, could cause substantial market volatility, impact the ability to complete redemptions, and adversely impact Fund performance. For example, the effects to public health, business and market conditions resulting from the COVID-19 pandemic

**Notes to Financial Statements (continued)**

have had, and may in the future have, a significant negative impact on the performance of each Fund's investments, including exacerbating other pre-existing political, social and economic risks. In addition, the increasing interconnectedness of markets around the world may result in many markets being affected by events or conditions in a single country or region or events affecting a single or small number of issuers.

It is difficult to accurately predict or foresee when events or conditions affecting the U.S. or global financial markets, economies, and issuers may occur, the effects of such events or conditions, potential escalations or expansions of these events, possible retaliations in response to sanctions or similar actions and the duration or ultimate impact of those events. The foregoing could disrupt the operations of each Fund and its service providers, adversely affect the value and liquidity of each Fund's investments and negatively impact each Fund's performance and your investment in each Fund.

&nbsp;&nbsp;&nbsp;&nbsp;**13.** SUMMARY OF CAPITAL TRANSACTIONS

Transactions in shares of capital stock were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Emerging Markets Bond Fund** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2024** | **Year Ended<br> December 31, 2024** |
| **Class A Shares** | **Shares** | **Amount** | **Shares** | **Amount** |
| Shares sold | 2055063 | $8935680 | 1552145 | $6571191 |
| Reinvestment of distributions | 113408 | 492654 | 114349 | 479050 |
| Shares reacquired | (1822926) | (7939298) | (1618082) | (6871668) |
| Increase | 345545 | $1489036 | 48412 | $178573 |
| **Class C Shares** |  |  |  |  |
| Shares sold | 148881 | $675681 | 3272 | $13857 |
| Reinvestment of distributions | 2662 | 11685 | 3758 | 15788 |
| Shares reacquired | (92095) | (418290) | (50617) | (214055) |
| Increase (decrease) | 59448 | $269076 | (43587) | $(184410) |
| **Class F Shares** |  |  |  |  |
| Shares sold | 3444 | $14920 | 210487 | $857518 |
| Reinvestment of distributions | 1593 | 6917 | 8000 | 33238 |
| Shares reacquired | (9388) | (40582) | (271173) | (1128499) |
| Decrease | (4351) | $(18745) | (52686) | $(237743) |
| **Class F3 Shares** |  |  |  |  |
| Shares sold | 362326 | $1551089 | 39118 | $162841 |
| Reinvestment of distributions | 16269 | 71330 | 7118 | 29794 |
| Shares reacquired | (43049) | (184653) | (33494) | (139672) |
| Increase | 335546 | $1437766 | 12742 | $52963 |
| **Class I Shares** |  |  |  |  |
| Shares sold | 663965 | $2864307 | 508506 | $2153395 |
| Reinvestment of distributions | 1376060 | 5961826 | 1490063 | 6231810 |
| Shares reacquired | (1934207) | (8400293) | (3267074) | (13601501) |
| Increase (decrease) | 105818 | $425840 | (1268505) | $(5216296) |
| **Class R3 Shares** |  |  |  |  |
| Shares sold | 5048 | $21717 | 6940 | $28957 |
| Reinvestment of distributions | 1829 | 7904 | 2137 | 8937 |
| Shares reacquired | (24172) | (106029) | (6167) | (25695) |
| Increase (decrease) | (17295) | $(76408) | 2910 | $12199 |

---

**Notes to Financial Statements (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Emerging Markets Bond Fund** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2024** | **Year Ended<br> December 31, 2024** |
| **Class R4 Shares** | **Shares** | **Amount** | **Shares** | **Amount** |
| Shares sold | 3704 | $16020 | 3177 | $13255 |
| Reinvestment of distributions | 985 | 4276 | 951 | 3979 |
| Shares reacquired | (316) | (1410) | (3477) | (15040) |
| Increase | 4373 | $18886 | 651 | $2194 |
| **Class R5 Shares** |  |  |  |  |
| Shares sold | 13310 | $59524 | 247099 | $1042757 |
| Reinvestment of distributions | 62 | 280 |  |  |
| Shares reacquired | (11291) | (50965) | (247099) | (1050171) |
| Increase (decrease) | 2081 | $8839 | – | $(7414) |
| **Class R6 Shares** |  |  |  |  |
| Shares sold | 11650 | $50165 | 60693 | $257037 |
| Reinvestment of distributions | 1901 | 8215 | 834 | 3518 |
| Shares reacquired | (42794) | (182559) | (19256) | (81329) |
| Increase (decrease) | (29243) | $(124179) | 42271 | $179226 |
| **Emerging Markets Corporate Debt Fund** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2024** | **Year Ended<br> December 31, 2024** |
| **Class A Shares** | **Shares** | **Amount** | **Shares** | **Amount** |
| Shares sold | 60163 | $811306 | 87959 | $1170362 |
| Reinvestment of distributions | 19739 | 266207 | 21016 | 278121 |
| Shares reacquired | (134975) | (1823822) | (175825) | (2323317) |
| Decrease | (55073) | $(746309) | (66850) | $(874834) |
| **Class C Shares** |  |  |  |  |
| Shares sold | 1375 | $18650 | 2159 | $28362 |
| Reinvestment of distributions | 2390 | 32219 | 4900 | 64789 |
| Shares reacquired | (27624) | (373853) | (64717) | (862067) |
| Decrease | (23859) | $(322984) | (57658) | $(768916) |
| **Class F Shares** |  |  |  |  |
| Shares sold | 3766 | $50953 | 1204 | $15872 |
| Reinvestment of distributions | 1558 | 21006 | 3290 | 43555 |
| Shares reacquired | (21036) | (282191) | (32920) | (438647) |
| Decrease | (15712) | $(210232) | (28426) | $(379220) |
| **Class I Shares** |  |  |  |  |
| Shares sold | 359997 | $4813772 | 1403641 | $18585815 |
| Reinvestment of distributions | 99453 | 1336892 | 90678 | 1199839 |
| Shares reacquired | (1595045) | (21683504) | (1050885) | (13832203) |
| Increase (decrease) | (1135595) | $(15532840) | 443434 | $5953451 |
| **Class R3 Shares** |  |  |  |  |
| Shares sold | 74 | $1001 | 2720 | $35642 |
| Reinvestment of distributions | 109 | 1474 | 164 | 2167 |
| Shares reacquired | (23) | (315) | (10356) | (135333) |
| Increase (decrease) | 160 | $2160 | (7472) | $(97524) |

---

**Notes to Financial Statements (concluded)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Emerging Markets Corporate Debt Fund** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2025** | **Year Ended<br> December 31, 2024** | **Year Ended<br> December 31, 2024** |
| **Class R4 Shares** | **Shares** | **Amount** | **Shares** | **Amount** |
| Shares sold | 20 | $266 | 17 | $211 |
| Reinvestment of distributions | 3 | 35 | 2 | 26 |
| Shares reacquired | (56) | (760) | (15) | (196) |
| Increase (decrease) | (33) | $(459) | 4 | $41 |
| **Class R5 Shares** |  |  |  |  |
| Shares sold | 4423 | $59294 |  | $2 |
| Reinvestment of distributions | 180 | 2437 | 3 | 36 |
| Shares reacquired | (28) | (377) | (20) | (260) |
| Increase (decrease) | 4575 | $61354 | (17) | $(222) |
| **Class R6 Shares** |  |  |  |  |
| Shares sold | 30234 | $408228 | 37517 | $497874 |
| Reinvestment of distributions | 2275 | 30660 | 1557 | 20723 |
| Shares reacquired | (37553) | (505227) | (14530) | (191747) |
| Increase (decrease) | (5044) | $(66339) | 24544 | $326850 |

---

&nbsp;&nbsp;&nbsp;&nbsp;**14.** SUBSEQUENT EVENTS

On December 29, 2025, the Board approved plans of liquidation (the "Plan") pursuant to which the Funds would be liquidated and dissolved. In accordance with the Plan, the Funds liquidated on February 13, 2026 (the "Liquidation Date"). Any remaining shareholders of record as of the Liquidation Date received a distribution of their remaining investment value in full liquidation of each Fund. Please refer to the Funds' prospectus, as supplemented to date, for more information.

**Report of Independent Registered Public Accounting Firm**

**To the shareholders and the Board of Directors of Lord Abbett Global Fund, Inc.**

**Opinion on the Financial Statements and Financial Highlights**

We have audited the accompanying statements of assets and liabilities of Lord Abbett Global Fund, Inc. (the "Company") comprising the Lord Abbett Emerging Markets Bond Fund and Lord Abbett Emerging Markets Corporate Debt Fund, including the schedules of investments, as of December 31, 2025, the related statements of operations for the year then ended, statements of changes in net assets for each of the two years in the period then ended, financial highlights for each of the five years in the period then ended, and the related notes (collectively referred to as the "financial statements and financial highlights"). In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each of the funds constituting the Lord Abbett Global Fund, Inc. as of December 31, 2025, and the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements and financial highlights are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of December 31, 2025, by correspondence with the custodian and counterparties; when replies were not received from counterparties, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP

New York, New York

February 25, 2026

We have served as the auditor of one or more Lord Abbett Family of Funds' investment companies since 1932.

**Changes in and Disagreements with Accountants**

There were no changes in or disagreements with accountants during the period.

**Proxy Disclosures**

There were no matters submitted to a vote of shareholders during the period.

**Remuneration Paid to Directors, Officers, and Others**

Remuneration paid to directors, officers, and others is included in "Directors' Remuneration" under Item 7 of this Form N-CSR.

**Tax Information (unaudited)**

For foreign shareholders, the percentages below reflect the portion of net investment income distributions that represent interest-related dividends:

---

| | |
|:---|:---|
| **Fund Name** | **Interest-related**<br> **dividends** |
| Emerging Markets Bond Fund | 2% |
| Emerging Markets Corporate Debt Fund | 5% |

---

![](x7_c114835x70x1m4.jpg)

![](x7_c114835x70x2m4.jpg)

---

| | | |
|:---|:---|:---|
| This report, when not used for the general information of shareholders of the Fund, is to be distributed only if preceded or accompanied by a current fund prospectus. | Lord Abbett Global Fund, Inc. |  |
|  | Lord Abbett Emerging Markets Bond Fund |  |
| Lord Abbett mutual fund shares are distributed by<br> LORD ABBETT DISTRIBUTOR LLC. | Lord Abbett Emerging Markets Corporate Debt Fund | LAGF-2<br> (02/26) |

---

---

| | |
|:---|:---|
| **Item 12:** | **Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.** |
|  | Not applicable. |
| **Item 13:** | **Portfolio Managers of Closed-End Management Investment Companies.** |
|  | Not applicable. |
| **Item 14:** | **Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.** |
|  | Not applicable. |
| **Item 15:** | **Submission of Matters to a Vote of Security Holders.** |
|  | Not applicable. |
| **Item 16:** | **Controls and Procedures.** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The principal executive
 officer and principal financial & accounting officer have concluded as of a date
 within 90 days of the filing date of this report, based on their evaluation of the Registrant's
 disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment
 Company Act of 1940), that the design of such procedures is effective to provide reasonable
 assurance that material information required to be disclosed by the Registrant on Form
 N-CSR is recorded, processed, summarized and reported within the time periods specified
 in the Commission's rules and forms.

(b) There were no changes
 in the Registrant's internal control over financial reporting (as defined in Rule
 30a-3(d) under the Investment Company Act of 1940) that occurred during the period covered
 by this report that have materially affected, or are reasonably likely to materially
 affect, the Registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| **Item 17:** | **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** |
|  | Not applicable. |
| **Item 18:** | **Recovery of Erroneously Awarded Compensation.** |
|  | Not applicable. |
| **Item 19:** | **Exhibits.** |

---

(a)(1) [The Lord Abbett Family of Funds Sarbanes-Oxley Code of Ethics for the Principal Executive Officer and Senior Financial Officers is attached hereto as part of EX-99.CODEETH.](c114835_ex99-codeeth.htm) <br>(a)(2) Not applicable.

---

| | |
|:---|:---|
| (a)(3) | [Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 is attached hereto as a part of EX-99.CERT.](c114835_ex99-cert.htm) |
| (a)(4) | Not applicable. |
| (a)(5) | There was no change in the registrant's independent public accountant for the period covered by this report. |
| (b) | [Certification of each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(b) under the Investment Company Act of 1940 is provided as a part of EX-99.906CERT.](c114835_ex99-906cert.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **LORD ABBETT GLOBAL FUND, INC.** | **LORD ABBETT GLOBAL FUND, INC.** |
| By: | <u><u>/s/ Douglas B. Sieg</u></u> |
|  | Douglas B. Sieg |
|  | President and Chief Executive Officer |
|  | (Principal Executive Officer) |

---

Date: February 25, 2026

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | <u><u>/s/ Douglas B. Sieg</u></u> |
|  | Douglas B. Sieg |
|  | President and Chief Executive Officer |
|  | (Principal Executive Officer) |

---

Date: February 25, 2026

---

| | |
|:---|:---|
| By: | <u><u>/s/ Michael J. Hebert</u></u> |
|  | Michael J. Hebert |
|  | Chief Financial Officer and Treasurer |
|  | (Principal Financial Officer) |

---

Date: February 25, 2026

## Ex-99.Code

EX-99.CODE ETH

**THE LORD ABBETT FAMILY OF FUNDS**

**SARBANES-OXLEY CODE OF ETHICS** 

**FOR THE PRINCIPAL EXECUTIVE OFFICER** 

**AND SENIOR FINANCIAL OFFICERS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.** **Covered Officers/Purpose of the Code** 

**The Lord Abbett Family of Funds'** code of ethics (the "Code") for the investment companies within the complex (collectively, "Funds" and each individually a "Fund"), applies to each Fund's Principal Executive Officer and Senior Financial Officers (the "Covered Officers", each of whom is set forth in Exhibit A) for the purpose of promoting:

● honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

● full, fair, accurate, timely and understandable disclosure in reports and documents that a registrant files with, or submits to, the SEC and in other public communications made by the Funds;

● compliance with applicable laws and governmental rules and regulations;

● the prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and

● accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**II.** **Covered Officers Should Handle Ethically Any Actual and Apparent Conflicts of Interest** 

**Overview.** A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his/her service to, a Fund. For example, a conflict of interest would arise if a Covered Officer, or a member of his/her family, receives improper personal benefits as a result of his/her position with a Fund.

Certain conflicts of interest arise out of the relationships between Covered Officers and a Fund and already are subject to conflict of interest provisions in the Investment Company Act of 1940 and the Investment Advisers Act of 1940. For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Fund because of their status as "affiliated persons" of the investment adviser to each of the Funds. The compliance programs and procedures of Lord, Abbett & Co. LLC ("Lord Abbett") are designed to prevent, or identify and correct, violations of such requirements. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such conflicts fall outside of the parameters of this Code.

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between each of the Funds

June 2003

and Lord Abbett of which the Covered Officers are also members. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for a Fund or for Lord Abbett, or for both), be involved in establishing policies and implementing decisions which will have different effects on Lord Abbett and each of the Funds. The participation of the Covered Officers in such activities is inherent in the contractual relationship between each of the Funds and Lord Abbett and is consistent with the performance by the Covered Officers of their duties as officers of one or more Funds and, if addressed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, will be deemed to have been handled ethically. In addition, it is recognized by the Boards of Directors/Trustees of the Funds that the Covered Officers are also officers of the other Lord Abbett investment companies covered by this and by a separate code of ethics.

Other conflicts of interest are covered by this Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. In reading the following examples of conflicts of interest under this Code, Covered Officers should keep in mind that such a list cannot ever be exhaustive by covering every possible scenario. It follows that the overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of a Fund.

\* \* \* \*

Each Covered Officer must:

● not use his/her personal influence or personal relationships improperly to influence investment decisions or financial reporting by a Fund whereby the Covered Officer would benefit personally to the detriment of the Fund; and

● not cause a Fund to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than the benefit the Fund.

There are some potential conflict of interest situations that should be discussed with Lord Abbett's General Counsel if material. Examples of these include:

● service as a director on the board of any public company;

● any direct ownership interest in, or any consulting or employment relationship with, any of the Funds' service providers, other than Lord Abbett or any affiliated person of Lord Abbett;

● a direct or indirect financial interest in commissions, transaction charges or spreads paid by a Fund for effecting portfolio transactions or for selling or redeeming shares, other than an interest arising from the Covered Officer's employment, such as compensation or as a member of Lord Abbett.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**III.** **Disclosure & Compliance** 

● Each Covered Officer should familiarize him/herself with the disclosure requirements generally applicable to the Funds;

June 2003

● each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about a Fund to others, whether within or outside Lord Abbett or a Fund, including to a Fund's independent directors/trustees and auditors, and to governmental regulators and self-regulatory organizations;

● each Covered Officer should, to the extent appropriate within his/her area of responsibility, consult with other officers and employees of the Funds and Lord Abbett with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Funds file with, or submit to, the SEC and in other public communications made by the Funds; and

● it is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IV.** **Reporting and Accountability** 

Each Covered Officer must:

● upon adoption of the Code, affirm in writing to the Audit Committee (the "Committee") of a Fund that he/she has received, read, and understands the Code;

● annually thereafter affirm to the Committee that he/she has complied with the requirements of the Code;

● report at least annually such affiliations or other relationships related to conflicts of interest as covered by the Funds' Annual Directors & Officers Questionnaire;

● not retaliate against any employee or member of Lord Abbett for reports of potential violations that are made in good faith; and

● notify Lord Abbett's General Counsel<sup></sup>promptly if he/she alleges any violation of this Code. Failure to do so is itself a violation of this Code.

Lord Abbett's General Counsel is responsible for applying this Code to specific situations in which questions are presented under it and has the authority to interpret this Code in any particular situation. The General Counsel may consult, as appropriate, with the Committee, and/or counsel to the Independent Directors, and is encouraged to do so. However, any approvals or waivers sought by the Covered Persons will be considered by the Committee.

June 2003

Each of the Funds will follow these procedures in investigating and enforcing this Code:

● Lord Abbett's General Counsel will take all appropriate action to investigate any potential violations reported to him;

● if, after such investigation, the General Counsel believes that no violation has occurred, the General Counsel is not required to take any further action, but he shall discuss with the Committee at its next regularly scheduled meeting his investigation and conclusion;

● any matter that the General Counsel believes is a violation will be reported to the Committee;

● if the Committee concurs that a violation has occurred, it will consider appropriate action, which may include review of, and appropriate modifications to, applicable policies and procedures; notification to appropriate personnel of Lord Abbett; or a recommendation to dismiss the Covered Officer;

● the Committee will be responsible for granting waivers, as appropriate; and

● any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**V.** **Other Policies and Procedures** 

This Code shall be the sole code of ethics adopted by the Funds for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms applicable to registered investment companies thereunder. Insofar as other policies or procedures of the Funds, the Funds' adviser, principal underwriter, or other service providers govern or purport to govern the behavior or activities of the Covered Officers who are subject to this Code, they are superceded by this Code to the extent that they overlap or conflict with the provisions of this Code. The Funds' and Lord Abbett's codes of ethics under Rule 17j-1 under the Investment Company Act are separate requirements applying to the Covered Officers and others, and are not part of this Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VI.** **Amendments** 

Except as to the individuals listed in Exhibit A, this Code may not be amended except in written form, which is specifically approved or ratified by a majority vote of a Fund's independent directors/trustees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VII.** **Confidentiality** 

All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the Committee and its counsel.

June 2003

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VIII.** **Internal Use** 

The Code is intended solely for the internal use by each of the Funds and does not constitute an admission, by or on behalf of any Fund, as to any fact, circumstance, or legal conclusion.

Date: June 19, 2003

June 2003

**Exhibit A**

---

| | | |
|:---|:---|:---|
| <u><u>Persons Covered by this Code of Ethics</u></u> | <u><u>Persons Covered by this Code of Ethics</u></u> | <u><u>Position With Funds</u></u> |
| Douglas B. Sieg | Principal Executive Officer | President and Chief Executive Officer |
| Michael J. Hebert | Principal Financial Officer and Principal Accounting Officer | Chief Financial Officer and Treasurer |

---

July 2022

## Ex-99.Cert

EX-99.CERT

CERTIFICATIONS

Pursuant to Section 302 of the<br> Sarbanes-Oxley Act of 2002

I, Douglas B. Sieg, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report
 on Form N-CSR of Lord Abbett Global Fund, Inc.;

2. Based on my knowledge, this
 report does not contain any untrue statement of a material fact or omit to state a material
 fact necessary to make the statements made, in light of the circumstances under which
 such statements were made, not misleading with respect to the period covered by this
 report;

3. Based on my knowledge, the
 financial statements, and other financial information included in this report, fairly
 present in all material respects the financial condition, results of operations, changes
 in net assets, and cash flows (if the financial statements are required to include a
 statement of cash flows) of the Registrant as of, and for, the periods presented in this
 report;

4. The Registrant's other
 certifying officer and I are responsible for establishing and maintaining disclosure
 controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act
 of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under
 the Investment Company Act of 1940) for the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known
to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed
under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles;

(c) evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this
report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during
the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's
internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The
 Registrant's other certifying officer and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial
information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's
internal control over financial reporting.

Date: February 25, 2026

---

| |
|:---|
| <u>/s/ Douglas B. Sieg</u> |
| Douglas B. Sieg |
| President and Chief Executive Officer |
| (Principal Executive Officer) |

---

EX-99.CERT

CERTIFICATIONS

Pursuant to Section 302 of the<br> Sarbanes-Oxley Act of 2002

I, Michael J. Hebert, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report
 on Form N-CSR of Lord Abbett Global Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement
 of a material fact or omit to state a material fact necessary to make the statements
 made, in light of the circumstances under which such statements were made, not misleading
 with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial
 information included in this report, fairly present in all material respects the financial
 condition, results of operations, changes in net assets, and cash flows (if the financial
 statements are required to include a statement of cash flows) of the Registrant as of,
 and for, the periods presented in this report;

4. The Registrant's other certifying officer and I are responsible
 for establishing and maintaining disclosure controls and procedures (as defined in Rule
 30a-3(c) under the Investment Company Act of 1940) and internal control over financial
 reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for
 the Registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known
to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed
under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles;

(c) evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this
report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during
the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant's
internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The Registrant's other
 certifying officer and I have disclosed to the Registrant's auditors and the audit
 committee of the Registrant's board of directors (or persons performing the equivalent
 functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the Registrant's ability to record, process, summarize, and report financial
information; and

(b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's
internal control over financial reporting.

Date: February 25, 2026

---

| |
|:---|
| <u>/s/ Michael J. Hebert</u> |
| Michael J. Hebert |
| Chief Financial Officer and Treasurer |
| (Principal Financial Officer) |

---

## Exhibit 99.906

EX-99.906CERT

CERTIFICATIONS

Pursuant to Section 906 of the<br> Sarbanes-Oxley Act of 2002

Each of the undersigned below certifies that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. This report on Form N-CSR of Lord Abbett Global Fund, Inc. (the "Report") fully complies with the requirements
of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of the issuer.

Date: February 25, 2026

---

| | |
|:---|:---|
| By: | <u>/s/ Douglas B. Sieg</u> |
|  | Douglas B. Sieg |
|  | President and Chief Executive Officer |
|  | (Principal Executive Officer) |

---

---

| | |
|:---|:---|
| By: | <u>/s/ Michael J. Hebert</u> |
|  | Michael J. Hebert |
|  | Chief Financial Officer and Treasurer |
|  | (Principal Financial Officer) |

---

A SIGNED ORIGINAL OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, OR OTHER DOCUMENT AUTHENTICATING, ACKNOWLEDGING, OR OTHERWISE ADOPTING THE SIGNATURE THAT APPEARS IN TYPED FORM WITHIN THE ELECTRONIC VERSION OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, HAS BEEN PROVIDED TO THE REGISTRANT AND WILL BE RETAINED BY THE REGISTRANT AND FURNISHED TO THE SECURITIES AND EXCHANGE COMMISSION OR ITS STAFF UPON REQUEST.