total_return_fund_portfolio_holdings

L

o

r

d

A

b

e

t

Q

u

a

r

t

e

r

l

y

P

o

r

t

f

o

l

i

o

H

o

l

d

i

n

g

s

R

e

p

o

r

t

Lord Abbett

Convertible Fund

Core Fixed Income Fund

Core Plus Bond Fund

Corporate Bond Fund

Floating Rate Fund

High Yield Fund

Income Fund

Inflation Focused Fund

Multi-Asset Balanced Opportunity Fund

Multi-Asset Income Fund

Short Duration Core Bond Fund

Short Duration Income Fund

Total Return Fund

Ultra Short Bond Fund

F

o

r

t

h

e

p

e

r

i

o

d

e

n

d

e

d

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

1

Fair

Investments

Shares

Value

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

LONG-TERM INVESTMENTS 96.05%

COMMON STOCKS 0.16%

Trading Companies & Distributors 0.16%

Xometry, Inc. Class A* (cost $1,219,875)

33,500 $ 915,220

Interest Maturity

Principal

Rate

Date

Amount

‡

CONVERTIBLE BONDS 84.51%

Aerospace/Defense 0.98%

Rheinmetall AG

2.25%

2/7/2030 EUR 1,700,000

5,746,173

Airlines 3.90%

Southwest Airlines Co.

1.25%

5/1/2025

$22,900,000

22,819,850

Auto Manufacturers 0.42%

Rivian Automotive, Inc.

3.625% 10/15/2030

2,850,000

2,427,915

Beverages 3.99%

MGP Ingredients, Inc.

1.875% 11/15/2041

24,750,000

23,357,812

Biotechnology 2.44%

Bridgebio Pharma, Inc.

2.50%

3/15/2027

5,700,000

6,533,910

Guardant Health, Inc.

1.25%

2/15/2031

2,800,000

2,832,200

Insmed, Inc.

0.75%

6/1/2028

1,932,000

4,909,212

Total

14,275,322

Commercial Services 2.42%

Affirm Holdings, Inc.

†

0.75% 12/15/2029

8,125,000

8,259,875

Stride, Inc.

1.125%

9/1/2027

2,245,000

5,902,105

Total

14,161,980

Computers 5.74%

Lumentum Holdings, Inc.

0.50% 12/15/2026

9,470,000

10,023,995

Okta, Inc.

0.125%

9/1/2025

21,830,000

21,426,145

Seagate HDD Cayman (Cayman Islands)

(a)

3.50%

6/1/2028

1,604,000

2,159,585

Total

33,609,725

Diversified Financial Services 3.65%

Coinbase Global, Inc.

0.50%

6/1/2026

7,535,000

7,602,815

SoFi Technologies, Inc.

†

1.25%

3/15/2029

4,415,000

7,490,047

Upstart Holdings, Inc.

†

1.00% 11/15/2030

5,800,000

6,249,500

Total

21,342,362

Electric 4.41%

Duke Energy Corp.

4.125%

4/15/2026 $

6,415,000 $ 6,851,220

NRG Energy, Inc.

2.75%

6/1/2048

1,650,000

4,247,760

PPL Capital Funding, Inc.

2.875%

3/15/2028

5,170,000

5,653,395

Southern Co.

†

4.50%

6/15/2027

8,315,000

9,032,169

Total

25,784,544

Engineering & Construction 1.36%

Granite Construction, Inc.

†

3.25%

6/15/2030

6,330,000

7,985,612

Entertainment 2.99%

IMAX Corp. (Canada)

(a)

0.50%

4/1/2026

4,600,000

4,997,132

Live Nation Entertainment, Inc.

3.125%

1/15/2029

8,475,000

12,530,288

Total

17,527,420

Health Care-Products 2.86%

Insulet Corp.

0.375%

9/1/2026

6,165,000

8,018,507

iRhythm Technologies, Inc.

†

1.50%

9/1/2029

4,225,000

4,513,356

LeMaitre Vascular, Inc.

†

2.50%

2/1/2030

4,033,000

4,178,188

Total

16,710,051

Internet 18.79%

Alibaba Group Holding Ltd. (China)

†(a)

0.50%

6/1/2031

7,900,000

11,397,725

Booking Holdings, Inc.

0.75%

5/1/2025

1,280,000

3,422,632

Match Group Financeco 2, Inc.

†

0.875%

6/15/2026

23,700,000

22,574,250

Q2 Holdings, Inc.

0.75%

6/1/2026

3,375,000

3,862,350

Sea Ltd. (Singapore)

(a)

2.375%

12/1/2025

4,140,000

5,992,650

Shopify, Inc. (Canada)

(a)

0.125%

11/1/2025

19,513,000

20,166,685

Spotify USA, Inc.

Zero Coupon 3/15/2026

4,620,000

5,841,528

Trip.com Group Ltd. (Singapore)

†(a)

0.75%

6/15/2029

3,500,000

3,895,500

Wayfair, Inc.

1.00%

8/15/2026

10,775,000

10,098,869

Wayfair, Inc.

3.25%

9/15/2027

3,100,000

3,203,850

Wix.com Ltd. (Israel)

(a)

Zero Coupon 8/15/2025

16,000,000

15,640,000

Zillow Group, Inc.

2.75%

5/15/2025

3,345,000

3,891,908

Total

109,987,947

Investment Companies 1.12%

Core Scientific, Inc.

†

Zero Coupon 6/15/2031

6,950,000

6,550,375

Leisure Time 1.35%

Carnival Corp.

5.75%

12/1/2027

1,210,000

2,357,685

NCL Corp. Ltd.

1.125%

2/15/2027

5,500,000

5,539,875

Total

7,897,560

Interest Maturity

Principal

Fair

Investments

Rate

Date

Amount

‡

Value

2

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

(

c

o

n

t

i

n

u

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

Machinery: Construction & Mining 0.82%

Siemens Energy Finance BV

5.625%

9/14/2025 EUR 1,300,000 $ 4,786,166

Media 0.80%

Liberty Media Corp.-Liberty Formula One

2.25%

8/15/2027

$3,700,000

4,700,850

Metal Fabricate-Hardware 0.58%

Xometry, Inc.

1.00%

2/1/2027

3,500,000

3,386,250

Mining 1.45%

MP Materials Corp.

†

3.00%

3/1/2030

6,250,000

8,484,375

Miscellaneous Manufacturing 0.88%

Axon Enterprise, Inc.

0.50% 12/15/2027

2,185,000

5,141,305

REITS 2.21%

Welltower OP LLC

†

3.125%

7/15/2029

9,900,000

12,949,200

Semiconductors 0.89%

Nova Ltd. (Israel)

(a)

Zero Coupon 10/15/2025

1,125,000

3,597,750

ON Semiconductor Corp.

0.50%

3/1/2029

1,836,000

1,628,257

Total

5,226,007

Software 19.53%

Cloudflare, Inc.

Zero Coupon 8/15/2026

5,525,000

5,849,041

Datadog, Inc.

†

Zero Coupon 12/1/2029

5,675,000

5,141,550

Five9, Inc.

0.50%

6/1/2025

22,669,000

22,315,364

Guidewire Software, Inc.

†

1.25%

11/1/2029

8,085,000

8,642,865

HubSpot, Inc.

0.375%

6/1/2025

2,160,000

5,519,396

MicroStrategy, Inc.

†

Zero Coupon 12/1/2029

24,000,000

18,816,000

Pegasystems, Inc.

0.75%

3/1/2025

3,000,000

3,014,826

RingCentral, Inc.

Zero Coupon 3/15/2026

25,365,000

24,096,750

Snowflake, Inc.

†

Zero Coupon 10/1/2027

8,755,000

11,337,725

Tyler Technologies, Inc.

0.25%

3/15/2026

4,425,000

5,619,750

Vertex, Inc.

†

0.75%

5/1/2029

3,495,000

3,931,875

Total

114,285,142

Telecommunications 0.93%

Xiaomi Best Time International Ltd.

(Hong Kong)

(a)

Zero Coupon 12/17/2027

3,700,000

5,463,050

Total Convertible Bonds

(cost $466,236,471)

494,606,993

Interest Maturity

Principal

Fair

Investments

Rate

Date

Amount

‡

Value

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

3

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

(

c

o

n

t

i

n

u

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

Dividend

Fair

Investments

Rate

Shares

Value

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

(

c

o

n

t

i

n

u

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

CONVERTIBLE PREFERRED STOCKS 11.38%

Aerospace & Defense 2.92%

Boeing Co.

6.00%

284,900 $

17,089,727

Banks 3.74%

Bank of America Corp.

7.25%

17,654

21,908,616

Capital Markets 1.38%

Ares Management Corp.

6.75%

149,520

8,098,003

Electric: Utilities 1.57%

NextEra Energy, Inc.

7.299%

191,400

9,169,974

Financial Services 1.16%

Apollo Global Management, Inc.

6.75%

85,905

6,782,110

Machinery 0.61%

Chart Industries, Inc.

6.75%

51,000

3,588,105

Total Convertible Preferred Stocks

(cost $67,234,131)

66,636,535

Total Long-Term Investments

(cost $534,690,477)

562,158,748

Principal

Amount

‡

OPTIONS PURCHASED 1.01%

(cost $10,826,316)

5,938,060

SHORT-TERM INVESTMENTS 3.39%

REPURCHASE AGREEMENTS 3.39%

Repurchase Agreement dated 2/28/2025,

2.050% due 3/3/2025 with Fixed Income

Clearing Corp. collateralized by $20,085,000

of U.S. Treasury Note at 4.375% due 7/31/2026;

value: $20,223,600; proceeds: $19,830,404

(cost $19,827,017)

$19,827,017

19,827,017

Total Investments in Securities 100.45%

(cost $565,343,810)

587,923,825

Other Assets and Liabilities – Net

(b)

(0.45)%

(2,634,914)

Net Assets 100.00%

$585,288,911

EUR Euro.

REITS Real Estate Investment Trusts.

*

Non-income producing security.

‡

Principal Amount is denominated in U.S. dollars unless otherwise noted.

†

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 February 28,

2025, the total value of Rule 144A securities was $161,430,187, which represents 27.58% of net assets.

(a)

Foreign security traded in U.S. dollars.

(b)

Other Assets and Liabilities – Net include net unrealized appreciation/(depreciation) on forward foreign

currency exchange contracts, options purchased and written options as follows:

4

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

Options Purchased at February 28, 2025:

Number of

Expiration

Exercise

Notional

D

escription

Counterparty

Contracts

Date

Price

Amount

Value

Bloom Energy Corp.

C

all

UBS AG

500,000

6/20/2025

$ 26.00

$500,000 $ 1,711,968

CyberArk Software

Ltd. Call

Goldman Sachs

17,600

5/16/2025

380.00

17,600

342,602

G

DS Holdings Ltd.

Call

Morgan Stanley

213,000

6/20/2025

47.00

213,000

1,202,077

Palo Alto Networks,

Inc. Call

Morgan Stanley

50,000

6/20/2025

200.00

50,000

604,155

Pure Storage,

Inc. Call

Morgan Stanley

191,000

3/21/2025

75.00

191,000

1,679

Rocket Lab USA,

Inc. Call

Morgan Stanley

405,000

6/20/2025

33.00

405,000

421,119

Royal Caribbean

Cruises Ltd. Call

Morgan Stanley

55,000

6/20/2025

280.00

55,000

512,230

Travere Therapeutics,

Inc. Call

Goldman Sachs

425,000

6/20/2025

22.50

425,000

1,142,230

Total OTC Options Purchased

$5,938,060

OTC Written Options at February 28, 2025:

Exercise

Expiration Number of Notional

Fair Premiums

Unrealized

Description Counterparty

Price

Date Contracts Amount

Value (Received) Appreciation

Bloom

Energy

Corp. Call

UBS AG

$35.00

6/20/2025

500,000 $(500,000) $(634,625) $(1,057,100)

$422,475

Forward Foreign Currency Exchange Contracts at February 28, 2025:

Forward

Foreign

U.S. $

Currency

Cost on

U.S. $

Exchange

Transaction

Expiration Foreign Origination

Current Unrealized

Contracts

Type Counterparty

Date Currency

Date

Value Appreciation

Euro

Sell

State Street

Bank and Trust 5/23/2025 10,110,000 $10,612,366 $10,532,273

$80,093

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

5

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

(

c

o

n

t

i

n

u

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

The following is a summary of the inputs used as of February 28, 2025 in valuing the Fund’s investments

carried at fair value

(

1)

:

Investment Type

(

2)

Level 1

Level 2

Level 3

Total

Long-Term Investments

Common Stocks

$915,220

$ –

$ 915,220

Convertible Bonds

–

494,606,993 –

494,606,993

Convertible Preferred Stocks

–

66,636,535 –

66,636,535

Options Purchased

–

5,938,060 –

5,938,060

Short-Term Investments

Repurchase Agreements

–

19,827,017 –

19,827,017

Total

$915,220

$587,008,605

$ –

$587,923,825

Other Financial Instruments

OTC Option Written

Assets

$–

$ –

$–

Liabilities

–

(634,625) –

(634,625)

Forward Foreign Currency Exchange Contracts

Assets

–

80,093 –

80,093

Liabilities

–– – –

Total

$–$

(554,532)

$ –

$

(554,532)

(1)

Refer to Note 2(b) for a description of fair value measurements and the three-tier hierarchy of inputs.

(2)

See Schedule of Investments for fair values in each industry and identification of foreign issuers and/or

geography. The table above is presented by Investment Type. Industries are presented within an Investment Type

should such Investment Type include securities classified as two or more levels within the three-tier fair value

hierarchy. When applicable, each Level 3 security is identified on the Schedule of Investments along with the

valuation technique utilized.

A reconciliation of Level 3 investments is presented when the Fund has a material amount of Level 3

investments at the beginning or end of the period in relation to the Fund’s net assets.

6

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

(

u

n

a

u

d

i

t

e

d

)

(

c

o

n

c

l

u

d

e

d

)

C

O

N

V

E

R

T

I

B

L

E

F

U

N

D

F

e

b

r

u

a

r

y

2

8

,

2

0

2

5

S

e

N

o

t

e

s

t

o

S

c

h

e

d

u

l

e

o

f

I

n

v

e

s

t

m

e

n

t

s

.

7

LONG-TERM INVESTMENTS 120.70%

ASSET-BACKED SECURITIES 15.51%

Automobiles 6.48%

Bank of America Auto Trust Series 2023-1A

Class A3

†

5.53%

2/15/2028 $

15,645,000 $

15,786,831

BofA Auto Trust Series 2024-1A Class A3

†

5.35%

11/15/2028

7,250,000

7,345,738

CarMax Auto Owner Trust Series 2023-3 Class B

5.47%

2/15/2029

13,405,000

13,668,296

Chase Auto Owner Trust Series 2024-1A Class A3

†

5.13%

5/25/2029

16,070,000

16,259,944

Citizens Auto Receivables Trust Series 2023-1

Class A3

†

5.84%

1/18/2028

10,960,000

11,060,356

Citizens Auto Receivables Trust Series 2023-2

Class A3

†

5.83%

2/15/2028

17,924,000

18,141,436

Citizens Auto Receivables Trust Series 2024-2

Class A4

†

5.26%

4/15/2031

9,945,000

10,148,276