Important Risks to Consider
Primary Risk: The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested.
Supplementary Fund Risks to Consider: Investment in the Fund involves significant risks and there can be no assurance that the Fund's investment objectives will be achieved. There may occur potential or actual conflicts of interest involving Lord, Abbett & Co. LLC (the “Investment Manager”) and the Fund and its investments. The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The value of investments in debt securities will fluctuate in response to market movements. When interest rates rise, the prices of debt securities are likely to decline, and when interest rates fall, the prices of debt securities tend to rise. The Fund may invest substantially in high yield, lower-rated securities. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan's value. The Fund may invest in emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. Certain of the Fund's derivative transactions may give rise to leverage risk. Leverage, including borrowing for investment purposes, may increase volatility in the Fund by magnifying the effect of changes in the value of the Fund's holdings. The use of leverage may cause investors in the Fund to lose more money in adverse environments than would have been the case in the absence of leverage. These factors may affect Fund performance.
Prospective investors should not acquire shares of the Fund if the investor anticipates that it will have a need for the funds contributed to the Fund prior to the times that redemptions are permitted. An investment in the Fund should be viewed as a long term investment. Please refer to the fund’s legal and regulatory documentation for more detailed risk information.
Net Asset Value calculation error or non-compliance: The rights of the final beneficiaries investing through financial intermediaries may be affected when indemnifications are paid in the context of errors or non-compliance impacting the prices of Shares.
Fund Goal
Fund Facts
Characteristics
Investment Approach
Fund Identifiers
The Investment Team
By The Numbers
Important Information
Important Floating Rate Senior Loan Fund Information:
The Lord Abbett Floating Rate Senior Loan Fund (the “Fund”) is a sub-fund of Lord Abbett Global Fund II, an Alternative Investment Fund (AIF) within the meaning of Article 1 (39) of the Luxembourg Law of 12 July 2013 and qualifies as an undertaking for collective investment under Part II of the Luxembourg Law of 17 December 2010.
Shares of the Fund are only available for certain non-U.S. persons in select transactions outside the United States, or, in limited circumstances, otherwise in transactions which are exempt in reliance on Regulation S from the registration requirements of the United States Securities Act of 1933, as amended and such other laws as may be applicable. Neither this website nor any of its contents constitute an offer to subscribe for shares in the Fund. It is directed at professional/sophisticated investors and is for their use and information. This website is not intended for retail investors. The offering or sale of Fund shares may be restricted in certain jurisdictions. For information regarding jurisdictions in which the Fund is registered or passported, please contact your Lord Abbett sales representative. Fund shares may be sold on a private placement basis depending on the jurisdiction. This website should not be used or distributed in any jurisdiction, other than those in which the Fund is authorized, where authorization for distribution is required. Lord Abbett Distributor LLC ("LAD") is authorized by the Fund to facilitate the distribution of shares in certain jurisdictions through dealers, referral agents, sub-distributors and other financial intermediaries. Any entity forwarding this website or its contents, which is produced by LAD in the United States, to other parties takes full responsibility for ensuring compliance with applicable securities laws in connection with its distribution.
This is a marketing communication. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund. This and other important information is contained in the Fund's prospectus. Read this document carefully before you invest. To obtain a prospectus, contact your investment professional, Lord Abbett Distributor LLC at (888) 522-2388, or visit us at www.lordabbett.com/LordAbbettGlobalFunds.
Prospective investors should not acquire shares of the Fund if the investor anticipates that it will have a need for the funds contributed to the Fund prior to the times that redemptions are permitted. An investment in the Fund shouldbe viewed as a long term investment.
The Morningstar LSTA US Leveraged Loan Index is a market-value weighted index designed to measure the performance of the US leveraged loan market.