Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (n-q)
May 29 2013 - 5:13PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number:
811-02145
LORD ABBETT BOND-DEBENTURE FUND, INC.
(Exact name of Registrant
as specified in charter)
90 Hudson Street, Jersey City, NJ 07302
(Address of principal executive offices) (Zip
code)
Thomas R. Phillips, Esq., Vice President &
Assistant Secretary
90 Hudson Street, Jersey City, NJ 07302
(Name and address of agent for service)
Registrant’s telephone number, including
area code:
(800) 201-6984
Date of fiscal year end: 12/31
Date of reporting period: 3/31/2013
Item 1: Schedule of Investments.
|
Schedule
of Investments (unaudited)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
Investments
|
|
Shares
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
LONG-TERM
INVESTMENTS 98.92%
|
|
|
|
|
|
|
|
|
COMMON
STOCKS 4.26%
|
|
|
|
|
|
|
|
|
Agency/Government
Related 0.01%
|
|
|
|
|
|
|
|
|
Fannie Mae
*
|
|
|
818
|
|
$
|
560,460
|
|
|
|
|
|
|
|
|
|
|
Auto
Parts & Equipment 0.26%
|
|
|
|
|
|
|
|
|
Cooper-Standard
Holdings, Inc.
*
|
|
|
542
|
|
|
22,538,880
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Banking
0.23%
|
|
|
|
|
|
|
|
|
Fifth Third Bancorp
|
|
|
350
|
|
|
5,708,500
|
|
Huntington Bancshares,
Inc.
|
|
|
700
|
|
|
5,173,000
|
|
Regions Financial Corp.
|
|
|
600
|
|
|
4,914,000
|
|
SunTrust Banks, Inc.
|
|
|
150
|
|
|
4,321,500
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
20,117,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chemicals
0.30%
|
|
|
|
|
|
|
|
|
Axiall Corp.
|
|
|
150
|
|
|
9,324,000
|
|
Monsanto Co.
|
|
|
160
|
|
|
16,900,800
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
26,224,800
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computer
Hardware 0.11%
|
|
|
|
|
|
|
|
|
Apple, Inc.
|
|
|
15
|
|
|
6,639,450
|
|
NVIDIA Corp.
|
|
|
220
|
|
|
2,820,400
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
9,459,850
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer
Products 0.14%
|
|
|
|
|
|
|
|
|
Estee Lauder Cos., Inc.
(The) Class A
|
|
|
185
|
|
|
11,845,550
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified
Capital Goods 0.11%
|
|
|
|
|
|
|
|
|
Emerson Electric Co.
|
|
|
175
|
|
|
9,777,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electronics
0.06%
|
|
|
|
|
|
|
|
|
Broadcom Corp. Class A
|
|
|
150
|
|
|
5,200,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy:
Exploration & Production 0.58%
|
|
|
|
|
|
|
|
|
Concho Resources, Inc.
*
|
|
|
175
|
|
|
17,050,250
|
|
Kodiak Oil & Gas
Corp.
*
|
|
|
500
|
|
|
4,545,000
|
|
SM Energy Co.
|
|
|
135
|
|
|
7,994,700
|
|
Whiting Petroleum Corp.
*
|
|
|
400
|
|
|
20,336,000
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
49,925,950
|
|
|
|
|
|
|
|
|
|
|
Food:
Wholesale 0.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Boulder Brands, Inc.
*
|
|
|
310
|
|
|
2,783,800
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
Investments
|
|
Shares
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
Food:
Wholesale (continued)
|
|
|
|
|
|
|
|
|
Hain Celestial Group,
Inc. (The)
*
|
|
|
65
|
|
$
|
3,970,200
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
6,754,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forestry/Paper
0.06%
|
|
|
|
|
|
|
|
|
Boise Cascade Co.
*
|
|
|
100
|
|
|
3,394,000
|
|
Weyerhaeuser Co.
|
|
|
50
|
|
|
1,569,000
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
4,963,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health
Services 0.09%
|
|
|
|
|
|
|
|
|
Team Health Holdings,
Inc.
*
|
|
|
220
|
|
|
8,003,600
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Integrated
Energy 0.10%
|
|
|
|
|
|
|
|
|
ConocoPhillips
|
|
|
150
|
|
|
9,015,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
& Miscellaneous Financial Services 0.23%
|
|
|
|
|
|
|
|
|
Artisan Partners Asset
Management, Inc.
*
|
|
|
29
|
|
|
1,160,501
|
|
SPDR S&P MidCap 400
ETF Trust
|
|
|
88
|
|
|
18,455,360
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
19,615,861
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Life
Insurance 0.12%
|
|
|
|
|
|
|
|
|
MetLife, Inc.
|
|
|
282
|
|
|
10,733,806
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery
0.16%
|
|
|
|
|
|
|
|
|
Chart Industries, Inc.
*
|
|
|
150
|
|
|
12,001,500
|
|
Rexnord Corp.
*
|
|
|
100
|
|
|
2,123,000
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
14,124,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil
Field Equipment & Services 0.06%
|
|
|
|
|
|
|
|
|
National Oilwell Varco,
Inc.
|
|
|
75
|
|
|
5,306,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
0.13%
|
|
|
|
|
|
|
|
|
Rock-Tenn Co. Class A
|
|
|
125
|
|
|
11,598,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals
0.35%
|
|
|
|
|
|
|
|
|
Amarin Corp. plc ADR
*
|
|
|
400
|
|
|
2,964,000
|
|
BioMarin
Pharmaceutical, Inc.
*
|
|
|
200
|
|
|
12,452,000
|
|
Eli Lilly & Co.
|
|
|
150
|
|
|
8,518,500
|
|
Onyx Pharmaceuticals,
Inc.
*
|
|
|
75
|
|
|
6,664,500
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
30,599,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Printing
& Publishing 0.06%
|
|
|
|
|
|
|
|
|
Tribune Co.
*
|
|
|
92
|
|
|
5,251,007
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
Investments
|
|
Shares
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
Real
Estate Investment Trusts 0.18%
|
|
|
|
|
|
|
|
|
Camden Property Trust
|
|
|
135
|
|
$
|
9,271,800
|
|
Post Properties, Inc.
|
|
|
125
|
|
|
5,887,500
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
15,159,300
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Software/Services
0.36%
|
|
|
|
|
|
|
|
|
ExactTarget, Inc.
*
|
|
|
65
|
|
|
1,512,550
|
|
Facebook, Inc. Class A
*
|
|
|
200
|
|
|
5,116,000
|
|
Fortinet, Inc.
*
|
|
|
300
|
|
|
7,104,000
|
|
Informatica Corp.
*
|
|
|
300
|
|
|
10,341,000
|
|
Monster Worldwide, Inc.
*
|
|
|
300
|
|
|
1,521,000
|
|
VMware, Inc. Class A
*
|
|
|
75
|
|
|
5,916,000
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
31,510,550
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Specialty
Retail 0.10%
|
|
|
|
|
|
|
|
|
Home Depot, Inc. (The)
|
|
|
125
|
|
|
8,722,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications
Equipment 0.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aruba Networks, Inc.
*
|
|
|
500
|
|
|
12,370,000
|
|
Palo Alto Networks,
Inc.
*
|
|
|
240
|
|
|
13,584,000
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
25,954,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications:
Wireless 0.08%
|
|
|
|
|
|
|
|
|
QUALCOMM, Inc.
|
|
|
100
|
|
|
6,695,000
|
|
|
|
|
|
|
|
|
|
Total
Common Stocks
(cost
$350,512,988)
|
|
|
|
|
|
369,656,364
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONVERTIBLE
BONDS 6.35%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Apparel/Textiles
0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Iconix Brand Group,
Inc.
|
|
|
1.50%
|
|
|
3/15/2018
|
|
$
|
10,000
|
|
|
10,800,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto
Loans 0.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Volkswagen
International Finance NV (Netherlands)
(a)
|
|
|
5.50%
|
|
|
11/9/2015
|
|
EUR
|
14,000
|
|
|
18,529,153
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto
Parts & Equipment 0.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Meritor, Inc.
|
|
|
4.00%
|
|
|
2/15/2027
|
|
$
|
8,250
|
|
|
6,605,156
|
|
Meritor, Inc.
|
|
|
7.875%
|
|
|
3/1/2026
|
|
|
10,500
|
|
|
10,703,438
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
17,308,594
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
Automakers
0.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ford Motor Co.
|
|
|
4.25%
|
|
|
11/15/2016
|
|
$
|
8,000
|
|
$
|
12,860,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computer
Hardware 0.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intel Corp.
|
|
|
2.95%
|
|
|
12/15/2035
|
|
|
10,000
|
|
|
10,637,500
|
|
Microchip Technology,
Inc.
|
|
|
2.125%
|
|
|
12/15/2037
|
|
|
1,800
|
|
|
2,565,000
|
|
Micron Technology, Inc.
|
|
|
2.375%
|
|
|
5/1/2032
|
|
|
12,000
|
|
|
14,887,500
|
|
NetApp, Inc.
|
|
|
1.75%
|
|
|
6/1/2013
|
|
|
6,500
|
|
|
7,105,312
|
|
SanDisk Corp.
|
|
|
1.50%
|
|
|
8/15/2017
|
|
|
7,500
|
|
|
9,703,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
44,898,437
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electronics
0.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intel Corp.
|
|
|
3.25%
|
|
|
8/1/2039
|
|
|
4,900
|
|
|
5,907,587
|
|
ON Semiconductor Corp.
|
|
|
2.625%
|
|
|
12/15/2026
|
|
|
9,800
|
|
|
11,153,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
17,061,212
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy:
Exploration & Production 0.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chesapeake Energy Corp.
|
|
|
2.50%
|
|
|
5/15/2037
|
|
|
15,000
|
|
|
14,446,875
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health
Services 0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Brookdale Senior
Living, Inc.
|
|
|
2.75%
|
|
|
6/15/2018
|
|
|
10,000
|
|
|
12,118,750
|
|
Theravance, Inc.
|
|
|
3.00%
|
|
|
1/15/2015
|
|
|
8,000
|
|
|
9,500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
21,618,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hotels
0.32%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Host Hotels &
Resorts LP
|
|
|
2.50%
|
|
|
10/15/2029
|
|
|
20,000
|
|
|
27,925,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Integrated
Energy 0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SunPower Corp.
|
|
|
4.50%
|
|
|
3/15/2015
|
|
|
10,000
|
|
|
10,068,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
& Miscellaneous Financial Services 0.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affiliated Managers
Group, Inc.
|
|
|
3.95%
|
|
|
8/15/2038
|
|
|
10,000
|
|
|
12,450,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery
0.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Altra Holdings, Inc.
|
|
|
2.75%
|
|
|
3/1/2031
|
|
|
8,750
|
|
|
10,450,781
|
|
Chart Industries, Inc.
|
|
|
2.00%
|
|
|
8/1/2018
|
|
|
9,000
|
|
|
12,228,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
22,679,531
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed
Care 0.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WellPoint, Inc.
|
|
|
2.75%
|
|
|
10/15/2042
|
|
|
7,500
|
|
|
8,231,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Services 0.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Omnicom Group, Inc.
|
Zero Coupon
|
|
|
7/1/2038
|
|
$
|
7,000
|
|
$
|
8,303,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Medical
Products 0.05%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hologic, Inc. (Zero
Coupon after 3/1/2018)
~
|
|
|
2.00%
|
|
|
3/1/2042
|
|
|
4,000
|
|
|
4,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Metals/Mining
(Excluding Steel) 0.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alpha Appalachia
Holdings, Inc.
|
|
|
3.25%
|
|
|
8/1/2015
|
|
|
7,225
|
|
|
6,990,187
|
|
Newmont Mining Corp.
|
|
|
1.25%
|
|
|
7/15/2014
|
|
|
8,000
|
|
|
8,985,000
|
|
Newmont Mining Corp.
|
|
|
1.625%
|
|
|
7/15/2017
|
|
|
5,500
|
|
|
6,761,563
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
22,736,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Monoline
Insurance 0.03%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MGIC Investment Corp.
|
|
|
2.00%
|
|
|
4/1/2020
|
|
|
2,880
|
|
|
2,941,200
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil
Field Equipment & Services 0.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hornbeck Offshore
Services, Inc.
|
|
|
1.50%
|
|
|
9/1/2019
|
|
|
17,500
|
|
|
20,442,188
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals
0.94%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auxilium
Pharmaceuticals, Inc.
|
|
|
1.50%
|
|
|
7/15/2018
|
|
|
1,900
|
|
|
1,928,500
|
|
Gilead Sciences, Inc.
|
|
|
0.625%
|
|
|
5/1/2013
|
|
|
16,000
|
|
|
41,100,080
|
|
Medivation, Inc.
|
|
|
2.625%
|
|
|
4/1/2017
|
|
|
21,500
|
|
|
26,552,500
|
|
Vertex Pharmaceuticals,
Inc.
|
|
|
3.35%
|
|
|
10/1/2015
|
|
|
10,000
|
|
|
12,018,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
81,599,830
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real
Estate Investment Trusts 0.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Boston Properties LP
|
|
|
3.75%
|
|
|
5/15/2036
|
|
|
3,500
|
|
|
3,615,938
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Software/Services
1.47%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alliance Data Systems
Corp.
|
|
|
1.75%
|
|
|
8/1/2013
|
|
|
10,000
|
|
|
20,562,500
|
|
EMC Corp.
|
|
|
1.75%
|
|
|
12/1/2013
|
|
|
14,000
|
|
|
20,903,820
|
|
Nuance Communications,
Inc.
|
|
|
2.75%
|
|
|
8/15/2027
|
|
|
9,900
|
|
|
12,071,812
|
|
Nuance Communications,
Inc.
|
|
|
2.75%
|
|
|
11/1/2031
|
|
|
9,300
|
|
|
9,654,563
|
|
Salesforce.com, Inc.
|
|
|
0.75%
|
|
|
1/15/2015
|
|
|
7,500
|
|
|
15,815,625
|
|
Symantec Corp.
|
|
|
1.00%
|
|
|
6/15/2013
|
|
|
5,000
|
|
|
6,456,250
|
|
TIBCO Software, Inc.
|
|
|
2.25%
|
|
|
5/1/2032
|
|
|
20,000
|
|
|
19,462,500
|
|
Xilinx, Inc.
|
|
|
2.625%
|
|
|
6/15/2017
|
|
|
15,500
|
|
|
22,058,437
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
126,985,507
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
Support:
Services 0.22%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
priceline.com, Inc.
|
|
|
1.00%
|
|
|
3/15/2018
|
|
$
|
12,325
|
|
$
|
13,642,235
|
|
priceline.com, Inc.
|
|
|
1.25%
|
|
|
3/15/2015
|
|
|
2,358
|
|
|
5,370,930
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
19,013,165
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications
Equipment 0.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nortel Networks Corp.
(Canada)
(b)(c)
|
|
|
2.125%
|
|
|
4/15/2014
|
|
|
15,800
|
|
|
15,642,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications:
Wireless 0.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Clearwire
Communications LLC/Clearwire Finance, Inc.
|
|
|
8.25%
|
|
|
12/1/2040
|
|
|
5,000
|
|
|
5,593,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Convertible Bonds
(cost $496,621,936)
|
|
|
|
|
|
|
|
|
|
|
|
549,951,630
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend
Rate
|
|
|
|
|
Shares
(000
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CONVERTIBLE
PREFERRED STOCKS 2.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aerospace/Defense
0.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United Technologies
Corp.
|
|
|
7.50%
|
|
|
|
|
|
350
|
|
|
20,947,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto
Parts & Equipment 0.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooper-Standard
Holdings, Inc. PIK
|
|
|
7.00%
|
|
|
|
|
|
22
|
|
|
3,924,444
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Automakers
0.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
General Motors Co.
|
|
|
4.75%
|
|
|
|
|
|
300
|
|
|
12,882,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Banking
0.42%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bank of America Corp.
|
|
|
7.25%
|
|
|
|
|
|
30
|
|
|
36,544,800
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric:
Integrated 0.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NextEra Energy, Inc.
|
|
|
5.889%
|
|
|
|
|
|
200
|
|
|
10,910,000
|
|
PPL Corp.
|
|
|
8.75%
|
|
|
|
|
|
335
|
|
|
18,676,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
29,586,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy:
Exploration & Production 0.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Apache Corp.
|
|
|
6.00%
|
|
|
|
|
|
300
|
|
|
13,362,000
|
|
Whiting Petroleum Corp.
|
|
|
6.25%
|
|
|
|
|
|
2
|
|
|
471,339
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
13,833,339
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Food:
Wholesale 0.22%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bunge Ltd.
|
|
|
4.875%
|
|
|
|
|
|
180
|
|
|
18,967,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
Dividend
Rate
|
|
|
|
Shares
(000
)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
Investments
& Miscellaneous Financial Services 0.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AMG Capital Trust I
|
|
|
5.10%
|
|
|
|
|
|
480
|
|
$
|
29,460,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Life
Insurance 0.23%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MetLife, Inc.
|
|
|
5.00%
|
|
|
|
|
|
400
|
|
|
19,760,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Metals/Mining
(Excluding Steel) 0.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cliffs Natural
Resources, Inc.
|
|
|
7.00%
|
|
|
|
|
|
866
|
|
|
16,162,451
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Railroads
0.18%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Genesee & Wyoming,
Inc.
|
|
|
5.00%
|
|
|
|
|
|
120
|
|
|
15,516,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real
Estate Investment Trusts 0.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alexandria Real Estate
Equities, Inc.
|
|
|
7.00%
|
|
|
|
|
|
120
|
|
|
3,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel
Producers/Products 0.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ArcelorMittal
(Luxembourg)
(b)
|
|
|
6.00%
|
|
|
|
|
|
335
|
|
|
7,018,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Convertible Preferred Stocks
(cost $206,750,297)
|
|
|
|
|
|
|
|
|
|
|
|
227,902,534
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FLOATING
RATE LOANS
(d)
2.95%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Department
Stores 0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Neiman-Marcus Group,
Inc. (The) Extended Term Loan
|
|
|
4.00%
|
|
|
5/16/2018
|
|
$
|
10,000
|
|
|
10,047,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified
Capital Goods 0.07%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Air Distribution
Technologies, Inc. 1st Lien Term Loan
|
|
|
5.00%
|
|
|
11/9/2018
|
|
|
3,990
|
|
|
4,054,837
|
|
Air Distribution
Technologies, Inc. 2nd Lien Term Loan
|
|
|
9.25%
|
|
|
5/1/2020
|
|
|
1,750
|
|
|
1,802,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
5,857,337
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric:
Generation 0.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Texas Competitive
Electric Holdings Co. LLC Extended Term Loan
|
4.702% - 4.792%
|
|
|
10/10/2017
|
|
|
11,124
|
|
|
7,926,091
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric:
Integrated 0.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Essential Power LLC
Term Loan B
(e)
|
|
|
5.50%
|
|
|
8/8/2019
|
|
|
6,717
|
|
|
6,843,160
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electronics
0.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Freescale
Semiconductor, Inc. Term Loan B4
|
|
|
5.00%
|
|
|
3/2/2020
|
|
|
5,050
|
|
|
5,089,456
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Food &
Drug Retailers 0.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Albertsons LLC Term Loan
|
|
5.75%
|
|
2/25/2016
|
|
$
|
7,250
|
|
$
|
7,382,704
|
|
Rite Aid Corp. 2nd Lien
Term Loan
|
|
5.75%
|
|
8/21/2020
|
|
|
8,700
|
|
|
9,033,497
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
16,416,201
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Food/Tobacco
0.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Smart Balance, Inc. New
Term Loan
|
|
7.00%
|
|
7/2/2018
|
|
|
11,640
|
|
|
11,829,150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Food:
Wholesale 0.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diamond Foods, Inc.
Revolver
(e)
|
|
6.75%
|
|
2/25/2015
|
|
|
3,142
|
|
|
3,032,278
|
|
Diamond Foods, Inc. Term
Loan
(e)
|
|
6.75%
|
|
2/25/2015
|
|
|
4,063
|
|
|
3,981,908
|
|
H.J. Heinz Co. 2nd Lien
Bridge Term Loan
|
|
0.375%
|
|
2/14/2014
|
|
|
23,500
|
|
|
23,500,000
|
|
Hostess Brands, Inc. Term
Loan
|
|
6.75%
|
|
3/6/2020
|
|
|
6,450
|
|
|
6,595,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
37,109,311
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gaming
0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Harrahs Las Vegas Propco,
LLC Senior Loan
|
|
3.70%
|
|
2/13/2014
|
|
|
10,000
|
|
|
9,440,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health
Facilities 0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ardent Medical Services,
Inc. 2nd Lien Term Loan
|
|
11.00%
|
|
11/23/2018
|
|
|
3,400
|
|
|
3,485,000
|
|
Drumm Investors LLC Term
Loan
|
|
5.00%
|
|
5/4/2018
|
|
|
6,859
|
|
|
6,649,102
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
10,134,102
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health
Services 0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CHG Buyer Corp. 1st Lien
Term Loan
|
|
5.00%
|
|
11/22/2019
|
|
|
9,870
|
|
|
10,011,614
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments &
Miscellaneous Financial Services 0.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nuveen Investments, Inc.
2nd Lien Term Loan
|
|
8.25%
|
|
2/28/2019
|
|
|
6,900
|
|
|
7,124,250
|
|
Nuveen Investments, Inc.
Term Loan
|
|
5.204%
|
|
5/13/2017
|
|
|
24,956
|
|
|
25,439,413
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
32,563,663
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Broadcast 0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Clear Channel
Communications, Inc. Tranche B
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan
|
|
3.854%
|
|
1/29/2016
|
|
|
12,989
|
|
|
11,543,595
|
|
NEP Supershooters LP 2nd
Lien Term Loan
|
|
9.50%
|
|
8/18/2020
|
|
|
1,629
|
|
|
1,689,643
|
|
Univision Communications,
Inc. Extended Term Loan
|
|
4.454%
|
|
3/31/2017
|
|
|
8,124
|
|
|
8,181,989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
21,415,227
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Cable 0.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Virgin Media Investment
Holdings Term Loan B (United Kingdom)
(b)
|
|
3.50%
|
|
2/17/2020
|
|
$
|
8,500
|
|
$
|
8,468,125
|
|
WaveDivision Holdings, LLC
Term Loan B
|
|
4.00%
|
|
10/15/2019
|
|
|
5,237
|
|
|
5,295,790
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
13,763,915
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Services 0.26%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affinion Group, Inc. Term
Loan B
|
|
6.50%
|
|
7/16/2015
|
|
|
15,475
|
|
|
15,155,579
|
|
Digital Generation, Inc.
Initial Term Loan
|
|
7.25%
|
|
7/26/2018
|
|
|
7,465
|
|
|
7,394,965
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
22,550,544
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Metals/Mining
(Excluding Steel) 0.04%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noranda Aluminum
Acquisition Corp. Term Loan B
|
|
5.75%
|
|
2/24/2019
|
|
|
3,564
|
|
|
3,624,143
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real
Estate Development & Management 0.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Realogy Corp. Extended
Letter of Credit
|
|
4.459%
|
|
10/10/2016
|
|
|
786
|
|
|
787,726
|
|
Realogy Corp. New Term Loan
|
|
4.50%
|
|
3/5/2020
|
|
|
12,000
|
|
|
12,183,756
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
12,971,482
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Software/Services
0.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SRA International, Inc.
Term Loan B
|
|
6.50%
|
|
7/20/2018
|
|
|
13,248
|
|
|
13,248,352
|
|
Syniverse Holdings, Inc.
Term Loan
|
|
5.00%
|
|
4/23/2019
|
|
|
4,963
|
|
|
5,001,272
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
18,249,624
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Floating Rate Loans
(cost $246,792,357)
|
|
|
|
|
|
|
|
|
|
255,842,520
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FOREIGN
BONDS
(a)
0.49%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Luxembourg
0.13%
|
|
|
|
|
|
|
|
|
|
|
|
|
Matterhorn Mobile SA
|
|
6.75%
|
|
5/15/2019
|
|
CHF
|
6,900
|
|
|
7,786,032
|
|
Mobile Challenger
Intermediate Group SA PIK
|
|
8.75%
|
|
3/15/2019
|
|
CHF
|
3,200
|
|
|
3,415,165
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
11,201,197
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Netherlands
0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodyear Dunlop Tires
Europe BV
|
|
6.75%
|
|
4/15/2019
|
|
EUR
|
5,200
|
|
$
|
7,128,219
|
|
Refresco Group BV
|
|
7.375%
|
|
5/15/2018
|
|
EUR
|
2,000
|
|
|
2,704,705
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
9,832,924
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United
Kingdom 0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R&R Ice Cream plc
|
|
8.375%
|
|
11/15/2017
|
|
EUR
|
10,400
|
|
|
14,497,732
|
|
Old Mutual plc
|
|
6.376%
|
|
|
(f)
|
GBP
|
5,258
|
|
|
7,290,845
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
21,788,577
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Foreign Bonds
(cost
$43,270,548)
|
|
|
|
|
|
|
|
|
|
42,822,698
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FOREIGN
GOVERNMENT OBLIGATIONS 0.23%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bermuda
0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bermuda Government
|
|
4.138%
|
|
1/3/2023
|
|
$
|
9,450
|
|
|
9,942,439
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Canada
0.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Government of Canada
(a)
|
|
2.75%
|
|
9/1/2016
|
|
CAD
|
10,000
|
|
|
10,362,357
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Foreign Government Obligations
(cost $20,023,252)
|
|
|
|
|
|
|
|
|
|
20,304,796
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HIGH YIELD
CORPORATE BONDS 81.12%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aerospace/Defense
1.78%
|
|
|
|
|
|
|
|
|
|
|
|
|
B/E Aerospace, Inc.
|
|
5.25%
|
|
4/1/2022
|
|
$
|
40,000
|
|
|
41,450,000
|
|
Bombardier, Inc. (Canada)
(b)
|
|
6.125%
|
|
1/15/2023
|
|
|
10,100
|
|
|
10,529,250
|
|
Esterline Technologies
Corp.
|
|
7.00%
|
|
8/1/2020
|
|
|
9,100
|
|
|
10,089,625
|
|
GenCorp, Inc.
|
|
7.125%
|
|
3/15/2021
|
|
|
12,635
|
|
|
13,393,100
|
|
Huntington Ingalls Industries,
Inc.
|
|
7.125%
|
|
3/15/2021
|
|
|
15,000
|
|
|
16,387,500
|
|
Mantech International Corp.
|
|
7.25%
|
|
4/15/2018
|
|
|
17,000
|
|
|
18,105,000
|
|
Spirit Aerosystems, Inc.
|
|
6.75%
|
|
12/15/2020
|
|
|
21,300
|
|
|
22,844,250
|
|
Triumph Group, Inc.
|
|
4.875%
|
|
4/1/2021
|
|
|
11,700
|
|
|
11,846,250
|
|
Triumph Group, Inc.
|
|
8.00%
|
|
11/15/2017
|
|
|
8,770
|
|
|
9,449,675
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
154,094,650
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Airlines
0.11%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
American Airlines, Inc.
|
|
5.625%
|
|
1/15/2021
|
|
$
|
1,950
|
|
$
|
1,974,375
|
|
United Airlines, Inc.
|
|
6.636%
|
|
7/2/2022
|
|
|
6,896
|
|
|
7,490,897
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
9,465,272
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Apparel/Textiles
0.51%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hanesbrands, Inc.
|
|
6.375%
|
|
12/15/2020
|
|
|
10,000
|
|
|
10,937,500
|
|
Levi Strauss & Co.
|
|
6.875%
|
|
5/1/2022
|
|
|
5,000
|
|
|
5,500,000
|
|
Levi Strauss & Co.
|
|
7.625%
|
|
5/15/2020
|
|
|
8,675
|
|
|
9,585,875
|
|
Perry Ellis International,
Inc.
|
|
7.875%
|
|
4/1/2019
|
|
|
10,100
|
|
|
10,655,500
|
|
PVH Corp.
|
|
4.50%
|
|
12/15/2022
|
|
|
3,300
|
|
|
3,267,000
|
|
Wolverine World Wide, Inc.
|
|
6.125%
|
|
10/15/2020
|
|
|
3,900
|
|
|
4,158,375
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
44,104,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto Loans
0.10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ford Motor Credit Co. LLC
|
|
5.875%
|
|
8/2/2021
|
|
|
7,300
|
|
|
8,364,705
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto Parts
& Equipment 1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooper-Standard Automotive,
Inc.
|
|
8.50%
|
|
5/1/2018
|
|
|
10,000
|
|
|
10,950,000
|
|
Dana Holding Corp.
|
|
6.50%
|
|
2/15/2019
|
|
|
10,000
|
|
|
10,775,000
|
|
Delphi Corp.
|
|
5.00%
|
|
2/15/2023
|
|
|
10,500
|
|
|
11,156,250
|
|
International Automotive
Components Group SA (Luxembourg)
(b)
|
|
9.125%
|
|
6/1/2018
|
|
|
14,500
|
|
|
14,427,500
|
|
Stanadyne Corp.
|
|
10.00%
|
|
8/15/2014
|
|
|
8,000
|
|
|
7,990,000
|
|
Stanadyne Holdings, Inc.
|
|
12.00%
|
|
2/15/2015
|
|
|
18,750
|
|
|
13,265,625
|
|
Stoneridge, Inc.
|
|
9.50%
|
|
10/15/2017
|
|
|
7,250
|
|
|
7,830,000
|
|
Tenneco, Inc.
|
|
6.875%
|
|
12/15/2020
|
|
|
7,500
|
|
|
8,278,125
|
|
Tomkins LLC/Tomkins, Inc.
|
|
9.00%
|
|
10/1/2018
|
|
|
1,736
|
|
|
1,942,150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
86,614,650
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Automakers
0.41%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chrysler Group LLC/CG
Co-Issuer, Inc.
|
|
8.25%
|
|
6/15/2021
|
|
|
14,000
|
|
|
15,697,500
|
|
General Motors Co.
(c)
|
|
8.375%
|
|
|
(f)
|
|
15,000
|
|
|
1,500
|
|
Jaguar Land Rover
Automotive plc (United Kingdom)
(b)
|
|
5.625%
|
|
2/1/2023
|
|
|
12,500
|
|
|
13,046,875
|
|
Oshkosh Corp.
|
|
8.50%
|
|
3/1/2020
|
|
|
6,000
|
|
|
6,750,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
35,495,875
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Banking
2.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ally Financial, Inc.
|
|
8.30%
|
|
2/12/2015
|
|
$
|
15,500
|
|
$
|
17,243,750
|
|
Astoria Depositor Corp.
|
|
5.744%
|
|
5/1/2016
|
|
|
7,474
|
|
|
7,698,448
|
|
Bank of America Corp.
|
|
8.00%
|
|
|
(f)
|
|
15,000
|
|
|
16,934,355
|
|
Bear Stearns Cos. LLC (The)
|
|
5.55%
|
|
1/22/2017
|
|
|
6,000
|
|
|
6,854,148
|
|
Fifth Third Capital Trust
IV
|
|
6.50%
|
|
4/15/2037
|
|
|
16,250
|
|
|
16,351,563
|
|
HBOS plc (United Kingdom)
(b)
|
|
6.75%
|
|
5/21/2018
|
|
|
10,000
|
|
|
11,164,700
|
|
Huntington Bancshares, Inc.
|
|
7.00%
|
|
12/15/2020
|
|
|
5,050
|
|
|
6,317,277
|
|
JPMorgan Chase & Co.
|
|
7.90%
|
|
|
(f)
|
|
5,000
|
|
|
5,750,245
|
|
LBG Capital No.1 plc
(g)
|
|
8.00%
|
|
|
(f)
|
|
7,500
|
|
|
8,054,843
|
|
Macquarie Group Ltd.
(Australia)
(b)
|
|
6.00%
|
|
1/14/2020
|
|
|
10,000
|
|
|
10,986,400
|
|
Morgan Stanley
|
|
6.25%
|
|
8/28/2017
|
|
|
10,000
|
|
|
11,649,250
|
|
Nordea Bank AB (Sweden)
(b)
|
|
4.25%
|
|
9/21/2022
|
|
|
9,000
|
|
|
9,222,867
|
|
Peoples United Financial,
Inc.
|
|
3.65%
|
|
12/6/2022
|
|
|
15,550
|
|
|
15,881,308
|
|
Regions Bank
|
|
6.45%
|
|
6/26/2037
|
|
|
6,650
|
|
|
7,231,875
|
|
Regions Bank
|
|
7.50%
|
|
5/15/2018
|
|
|
9,942
|
|
|
12,228,660
|
|
Regions Financing Trust II
|
|
6.625%
|
|
5/15/2047
|
|
|
10,000
|
|
|
10,087,500
|
|
Royal Bank of Scotland
Group plc (The) (United Kingdom)
(b)
|
|
6.125%
|
|
12/15/2022
|
|
|
5,700
|
|
|
5,917,050
|
|
Royal Bank of Scotland
Group plc (The) (United Kingdom)
(b)
|
|
7.64%
|
|
|
(f)
|
|
17,570
|
|
|
15,813,000
|
|
SVB Financial Group
|
|
5.375%
|
|
9/15/2020
|
|
|
9,350
|
|
|
10,616,065
|
|
Synovus Financial Corp.
|
|
7.875%
|
|
2/15/2019
|
|
|
7,750
|
|
|
8,835,000
|
|
Wachovia Capital Trust III
|
|
5.57%
|
|
|
(f)
|
|
15,000
|
|
|
15,071,250
|
|
Washington Mutual Bank
(c)
|
|
6.875%
|
|
6/15/2011
|
|
|
22,500
|
|
|
2,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
229,911,804
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Brokerage
0.61%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor Fitzgerald LP
|
|
7.875%
|
|
10/15/2019
|
|
|
12,655
|
|
|
13,325,196
|
|
Lazard Group LLC
|
|
7.125%
|
|
5/15/2015
|
|
|
12,500
|
|
|
13,834,325
|
|
Raymond James Financial,
Inc.
|
|
8.60%
|
|
8/15/2019
|
|
|
20,000
|
|
|
25,788,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
52,947,621
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Building
& Construction 0.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beazer Homes USA, Inc.
|
|
7.25%
|
|
2/1/2023
|
|
|
1,550
|
|
|
1,588,750
|
|
K. Hovnanian Enterprises,
Inc.
|
|
5.00%
|
|
11/1/2021
|
|
|
5,779
|
|
|
5,374,470
|
|
KB Home
|
|
9.10%
|
|
9/15/2017
|
|
|
15,000
|
|
|
17,700,000
|
|
Lennar Corp.
|
|
4.75%
|
|
12/15/2017
|
|
|
5,500
|
|
|
5,788,750
|
|
Lennar Corp.
|
|
12.25%
|
|
6/1/2017
|
|
|
9,500
|
|
|
12,658,750
|
|
Odebrecht Finance Ltd.
|
|
6.00%
|
|
4/5/2023
|
|
|
5,039
|
|
|
5,668,875
|
|
Ryland Group, Inc. (The)
|
|
5.375%
|
|
10/1/2022
|
|
|
6,090
|
|
|
6,242,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
55,021,845
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Building
Materials 0.82%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Griffon Corp.
|
|
7.125%
|
|
4/1/2018
|
|
$
|
6,200
|
|
$
|
6,727,000
|
|
HD Supply, Inc.
|
|
10.50%
|
|
1/15/2021
|
|
|
3,100
|
|
|
3,235,625
|
|
HD Supply, Inc.
|
|
11.50%
|
|
7/15/2020
|
|
|
7,750
|
|
|
9,203,125
|
|
Interline Brands, Inc. PIK
|
|
10.00%
|
|
11/15/2018
|
|
|
2,675
|
|
|
2,975,937
|
|
Masco Corp.
|
|
7.125%
|
|
3/15/2020
|
|
|
12,000
|
|
|
14,028,636
|
|
Nortek, Inc.
|
|
8.50%
|
|
4/15/2021
|
|
|
5,200
|
|
|
5,785,000
|
|
Owens Corning, Inc.
|
|
4.20%
|
|
12/15/2022
|
|
|
10,000
|
|
|
10,247,360
|
|
Owens Corning, Inc.
|
|
9.00%
|
|
6/15/2019
|
|
|
15,000
|
|
|
19,242,435
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
71,445,118
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chemicals
2.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
Agrium, Inc. (Canada)
(b)
|
|
3.15%
|
|
10/1/2022
|
|
|
5,000
|
|
|
4,826,655
|
|
Airgas, Inc.
|
|
7.125%
|
|
10/1/2018
|
|
|
10,500
|
|
|
11,193,084
|
|
Ashland, Inc.
|
|
4.75%
|
|
8/15/2022
|
|
|
11,200
|
|
|
11,396,000
|
|
Axiall Corp.
|
|
4.875%
|
|
5/15/2023
|
|
|
14,000
|
|
|
14,297,500
|
|
Chemtura Corp.
|
|
7.875%
|
|
9/1/2018
|
|
|
17,900
|
|
|
19,421,500
|
|
Dow Chemical Co. (The)
|
|
8.55%
|
|
5/15/2019
|
|
|
10,000
|
|
|
13,458,570
|
|
Eagle Spinco, Inc.
|
|
4.625%
|
|
2/15/2021
|
|
|
22,075
|
|
|
22,544,094
|
|
Hexion US Finance
Corp./Hexion Nova Scotia Finance ULC
|
|
8.875%
|
|
2/1/2018
|
|
|
9,000
|
|
|
9,360,000
|
|
Huntsman International LLC
|
|
8.625%
|
|
3/15/2020
|
|
|
15,000
|
|
|
16,837,500
|
|
INEOS Finance plc (United
Kingdom)
(b)
|
|
7.50%
|
|
5/1/2020
|
|
|
7,200
|
|
|
7,875,000
|
|
LyondellBasell Industries
NV (Netherlands)
(b)
|
|
6.00%
|
|
11/15/2021
|
|
|
2,000
|
|
|
2,380,000
|
|
Methanex Corp. (Canada)
(b)
|
|
5.25%
|
|
3/1/2022
|
|
|
9,900
|
|
|
11,060,280
|
|
NewMarket Corp.
|
|
4.10%
|
|
12/15/2022
|
|
|
6,780
|
|
|
6,897,131
|
|
Nufarm Australia Ltd.
(Australia)
(b)
|
|
6.375%
|
|
10/15/2019
|
|
|
12,000
|
|
|
12,360,000
|
|
PetroLogistics
LP/PetroLogistics Finance Corp.
|
|
6.25%
|
|
4/1/2020
|
|
|
5,200
|
|
|
5,258,500
|
|
Phibro Animal Health Corp.
|
|
9.25%
|
|
7/1/2018
|
|
|
16,300
|
|
|
17,604,000
|
|
Rockwood Specialties Group,
Inc.
|
|
4.625%
|
|
10/15/2020
|
|
|
15,500
|
|
|
15,945,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
202,715,439
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Computer
Hardware 0.37%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Brocade Communications
Systems, Inc.
|
|
6.875%
|
|
1/15/2020
|
|
|
12,500
|
|
|
13,750,000
|
|
NCR Corp.
|
|
5.00%
|
|
7/15/2022
|
|
|
3,900
|
|
|
3,929,250
|
|
NetApp, Inc.
|
|
3.25%
|
|
12/15/2022
|
|
|
5,830
|
|
|
5,751,412
|
|
Seagate HDD Cayman
|
|
6.875%
|
|
5/1/2020
|
|
|
8,000
|
|
|
8,640,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
32,070,662
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE FUND,
INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer/Commercial/Lease
Financing 2.54%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Air Lease Corp.
|
|
6.125%
|
|
4/1/2017
|
|
$
|
15,000
|
|
$
|
16,312,500
|
|
Aircastle Ltd.
|
|
6.25%
|
|
12/1/2019
|
|
|
7,775
|
|
|
8,533,063
|
|
CIT Group, Inc.
|
|
4.25%
|
|
8/15/2017
|
|
|
20,000
|
|
|
21,000,000
|
|
CIT Group, Inc.
|
|
5.00%
|
|
8/15/2022
|
|
|
25,000
|
|
|
26,818,750
|
|
Discover Bank
|
|
8.70%
|
|
11/18/2019
|
|
|
2,655
|
|
|
3,552,305
|
|
Discover Financial Services
|
|
3.85%
|
|
11/21/2022
|
|
|
8,545
|
|
|
8,812,937
|
|
General Electric Capital
Corp.
|
|
7.125%
|
|
|
(f)
|
|
13,500
|
|
|
15,728,593
|
|
International Lease Finance
Corp.
|
|
6.25%
|
|
5/15/2019
|
|
|
10,000
|
|
|
11,000,000
|
|
International Lease Finance
Corp.
|
|
8.25%
|
|
12/15/2020
|
|
|
6,100
|
|
|
7,487,750
|
|
International Lease Finance
Corp.
|
|
8.75%
|
|
3/15/2017
|
|
|
34,000
|
|
|
40,162,500
|
|
Nationstar Mortgage
LLC/Nationstar Capital Corp.
|
|
6.50%
|
|
7/1/2021
|
|
|
22,660
|
|
|
23,736,350
|
|
Nationstar Mortgage
LLC/Nationstar Capital Corp.
|
|
7.875%
|
|
10/1/2020
|
|
|
8,000
|
|
|
8,880,000
|
|
Provident Funding
Associates LP/PFG Finance Corp.
|
|
10.25%
|
|
4/15/2017
|
|
|
15,800
|
|
|
17,696,000
|
|
SLM Corp.
|
|
6.25%
|
|
1/25/2016
|
|
|
9,200
|
|
|
10,096,798
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
219,817,546
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer
Products 0.79%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Armored Autogroup, Inc.
|
|
9.25%
|
|
11/1/2018
|
|
|
9,400
|
|
|
8,436,500
|
|
Avon Products, Inc.
|
|
4.60%
|
|
3/15/2020
|
|
|
5,680
|
|
|
5,908,989
|
|
Avon Products, Inc.
|
|
5.00%
|
|
3/15/2023
|
|
|
3,900
|
|
|
4,009,493
|
|
Elizabeth Arden, Inc.
|
|
7.375%
|
|
3/15/2021
|
|
|
27,700
|
|
|
30,920,125
|
|
Prestige Brands, Inc.
|
|
8.125%
|
|
2/1/2020
|
|
|
3,500
|
|
|
3,968,125
|
|
Spectrum Brands Escrow
Corp.
|
|
6.375%
|
|
11/15/2020
|
|
|
11,350
|
|
|
12,215,437
|
|
Spectrum Brands Escrow
Corp.
|
|
6.625%
|
|
11/15/2022
|
|
|
2,850
|
|
|
3,099,375
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
68,558,044
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Department
Stores 0.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bon-Ton Department Stores,
Inc. (The)
|
|
10.625%
|
|
7/15/2017
|
|
|
12,000
|
|
|
12,075,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diversified
Capital Goods 2.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Actuant Corp.
|
|
5.625%
|
|
6/15/2022
|
|
|
8,320
|
|
|
8,673,600
|
|
Amsted Industries, Inc.
|
|
8.125%
|
|
3/15/2018
|
|
|
15,000
|
|
|
16,200,000
|
|
Anixter, Inc.
|
|
5.625%
|
|
5/1/2019
|
|
|
11,300
|
|
|
12,062,750
|
|
Belden, Inc.
|
|
5.50%
|
|
9/1/2022
|
|
|
15,000
|
|
|
15,450,000
|
|
Mueller Water Products,
Inc.
|
|
7.375%
|
|
6/1/2017
|
|
|
10,800
|
|
|
11,164,500
|
|
Park-Ohio Industries, Inc.
|
|
8.125%
|
|
4/1/2021
|
|
|
11,400
|
|
|
12,454,500
|
|
RBS Global, Inc./Rexnord
LLC
|
|
8.50%
|
|
5/1/2018
|
|
|
30,000
|
|
|
33,037,500
|
|
Silver II Borrower/Silver
II US Holdings LLC (Luxembourg)
(b)
|
|
7.75%
|
|
12/15/2020
|
|
|
19,475
|
|
|
20,838,250
|
|
SPX Corp.
|
|
6.875%
|
|
9/1/2017
|
|
|
21,000
|
|
|
23,467,500
|
|
Unifrax I LLC/Unifrax
Holding Co.
|
|
7.50%
|
|
2/15/2019
|
|
|
6,175
|
|
|
6,391,125
|
|
Valmont Industries, Inc.
|
|
6.625%
|
|
4/20/2020
|
|
|
17,500
|
|
|
20,752,025
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
180,491,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric:
Generation 0.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DPL, Inc.
|
|
7.25%
|
|
10/15/2021
|
|
$
|
15,725
|
|
$
|
16,747,125
|
|
Energy Future Intermediate
Holding Co. LLC/EFIH Finance, Inc.
|
|
11.25%
|
|
12/1/2018
|
|
|
6,000
|
|
|
5,835,000
|
|
Mirant Americas Generation
LLC
|
|
9.125%
|
|
5/1/2031
|
|
|
15,125
|
|
|
16,977,813
|
|
NSG Holdings LLC/NSG
Holdings, Inc.
|
|
7.75%
|
|
12/15/2025
|
|
|
17,485
|
|
|
18,446,675
|
|
Texas Competitive Electric
Holdings Co. LLC/TCEH Finance, Inc.
|
|
11.50%
|
|
10/1/2020
|
|
|
5,000
|
|
|
3,762,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
61,769,113
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electric:
Integrated 0.99%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AES Corp. (The)
|
|
8.00%
|
|
10/15/2017
|
|
|
12,500
|
|
|
14,765,625
|
|
Black Hills Corp.
|
|
5.875%
|
|
7/15/2020
|
|
|
8,000
|
|
|
9,304,448
|
|
Duquesne Light Holdings,
Inc.
|
|
6.40%
|
|
9/15/2020
|
|
|
20,500
|
|
|
24,963,014
|
|
National Fuel Gas Co.
|
|
4.90%
|
|
12/1/2021
|
|
|
5,700
|
|
|
6,363,280
|
|
National Fuel Gas Co.
|
|
6.50%
|
|
4/15/2018
|
|
|
20,000
|
|
|
24,012,860
|
|
National Fuel Gas Co.
|
|
8.75%
|
|
5/1/2019
|
|
|
5,000
|
|
|
6,531,150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
85,940,377
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Electronics
1.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advanced Micro Devices,
Inc.
|
|
7.75%
|
|
8/1/2020
|
|
|
15,000
|
|
|
13,875,000
|
|
CPI International, Inc.
|
|
8.00%
|
|
2/15/2018
|
|
|
15,500
|
|
|
16,197,500
|
|
Freescale Semiconductor,
Inc.
|
|
9.25%
|
|
4/15/2018
|
|
|
8,800
|
|
|
9,702,000
|
|
Freescale Semiconductor,
Inc.
|
|
10.125%
|
|
3/15/2018
|
|
|
8,134
|
|
|
9,049,075
|
|
Freescale Semiconductor,
Inc.
|
|
10.75%
|
|
8/1/2020
|
|
|
20,000
|
|
|
22,800,000
|
|
Jabil Circuit, Inc.
|
|
4.70%
|
|
9/15/2022
|
|
|
10,000
|
|
|
10,012,500
|
|
KLA-Tencor Corp.
|
|
6.90%
|
|
5/1/2018
|
|
|
3,200
|
|
|
3,840,384
|
|
NXP BV LLC (Netherlands)
(b)
|
|
5.75%
|
|
3/15/2023
|
|
|
3,100
|
|
|
3,169,750
|
|
NXP BV LLC (Netherlands)
(b)
|
|
9.75%
|
|
8/1/2018
|
|
|
3,205
|
|
|
3,669,725
|
|
Sensata Technologies BV
(Netherlands)
(b)
|
|
6.50%
|
|
5/15/2019
|
|
|
7,550
|
|
|
8,172,875
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
100,488,809
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy:
Exploration & Production 7.85%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Antero Resources Finance
Corp.
|
|
7.25%
|
|
8/1/2019
|
|
|
10,000
|
|
|
10,887,500
|
|
Atlas Energy Holdings
Operating Co. LLC/Atlas Resource Finance Corp.
|
|
7.75%
|
|
1/15/2021
|
|
|
18,700
|
|
|
17,987,062
|
|
Berry Petroleum Co.
|
|
6.375%
|
|
9/15/2022
|
|
|
6,300
|
|
|
6,725,250
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy:
Exploration & Production (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Berry Petroleum Co.
|
|
6.75%
|
|
11/1/2020
|
|
$
|
21,000
|
|
$
|
22,785,000
|
|
BreitBurn Energy Partners
LP/BreitBurn Finance Corp.
|
|
7.875%
|
|
4/15/2022
|
|
|
20,100
|
|
|
21,607,500
|
|
Chaparral Energy, Inc.
|
|
7.625%
|
|
11/15/2022
|
|
|
3,500
|
|
|
3,841,250
|
|
Chaparral Energy, Inc.
|
|
7.625%
|
|
11/15/2022
|
|
|
10,350
|
|
|
11,255,625
|
|
Chaparral Energy, Inc.
|
|
8.25%
|
|
9/1/2021
|
|
|
19,400
|
|
|
22,067,500
|
|
Concho Resources, Inc.
|
|
5.50%
|
|
4/1/2023
|
|
|
20,200
|
|
|
21,058,500
|
|
Concho Resources, Inc.
|
|
7.00%
|
|
1/15/2021
|
|
|
10,700
|
|
|
11,823,500
|
|
Continental Resources, Inc.
|
|
7.375%
|
|
10/1/2020
|
|
|
5,600
|
|
|
6,342,000
|
|
Continental Resources, Inc.
|
|
8.25%
|
|
10/1/2019
|
|
|
19,175
|
|
|
21,428,062
|
|
Energy XXI Gulf Coast, Inc.
|
|
7.75%
|
|
6/15/2019
|
|
|
18,650
|
|
|
20,095,375
|
|
Forest Oil Corp.
|
|
7.25%
|
|
6/15/2019
|
|
|
27,000
|
|
|
27,135,000
|
|
Halcon Resources Corp.
|
|
8.875%
|
|
5/15/2021
|
|
|
14,200
|
|
|
15,371,500
|
|
Halcon Resources Corp.
|
|
9.75%
|
|
7/15/2020
|
|
|
6,600
|
|
|
7,326,000
|
|
Kerr-McGee Corp.
|
|
6.95%
|
|
7/1/2024
|
|
|
12,900
|
|
|
16,192,506
|
|
Kodiak Oil & Gas Corp.
|
|
5.50%
|
|
1/15/2021
|
|
|
13,350
|
|
|
14,000,813
|
|
Kodiak Oil & Gas Corp.
|
|
8.125%
|
|
12/1/2019
|
|
|
19,165
|
|
|
21,752,275
|
|
Laredo Petroleum, Inc.
|
|
7.375%
|
|
5/1/2022
|
|
|
7,000
|
|
|
7,700,000
|
|
Legacy Reserves LP/Finance
Corp.
|
|
8.00%
|
|
12/1/2020
|
|
|
19,400
|
|
|
20,176,000
|
|
LINN Energy LLC/LINN Energy
Finance Corp.
|
|
7.75%
|
|
2/1/2021
|
|
|
18,500
|
|
|
19,933,750
|
|
MEG Energy Corp. (Canada)
(b)
|
|
6.375%
|
|
1/30/2023
|
|
|
4,100
|
|
|
4,284,500
|
|
MEG Energy Corp. (Canada)
(b)
|
|
6.50%
|
|
3/15/2021
|
|
|
18,750
|
|
|
20,062,500
|
|
Newfield Exploration Co.
|
|
5.625%
|
|
7/1/2024
|
|
|
21,500
|
|
|
22,252,500
|
|
Oasis Petroleum, Inc.
|
|
6.50%
|
|
11/1/2021
|
|
|
7,500
|
|
|
8,212,500
|
|
Oasis Petroleum, Inc.
|
|
7.25%
|
|
2/1/2019
|
|
|
20,000
|
|
|
21,800,000
|
|
OGX Austria GmbH (Brazil)
(b)
|
|
8.50%
|
|
6/1/2018
|
|
|
35,000
|
|
|
27,475,000
|
|
Pacific Rubiales Energy
Corp. (Canada)
(b)
|
|
5.125%
|
|
3/28/2023
|
|
|
9,300
|
|
|
9,430,200
|
|
Pan American Energy LLC
(Argentina)
(b)
|
|
7.875%
|
|
5/7/2021
|
|
|
5,445
|
|
|
5,254,425
|
|
PDC Energy, Inc.
|
|
7.75%
|
|
10/15/2022
|
|
|
17,800
|
|
|
18,957,000
|
|
Plains Exploration &
Production Co.
|
|
6.50%
|
|
11/15/2020
|
|
|
20,200
|
|
|
22,422,000
|
|
Plains Exploration &
Production Co.
|
|
6.875%
|
|
2/15/2023
|
|
|
6,200
|
|
|
7,052,500
|
|
QEP Resources, Inc.
|
|
6.80%
|
|
3/1/2020
|
|
|
10,000
|
|
|
11,125,000
|
|
QEP Resources, Inc.
|
|
6.875%
|
|
3/1/2021
|
|
|
8,000
|
|
|
9,140,000
|
|
Quicksilver Resources, Inc.
|
|
7.125%
|
|
4/1/2016
|
|
|
10,000
|
|
|
8,500,000
|
|
Quicksilver Resources, Inc.
|
|
8.25%
|
|
8/1/2015
|
|
|
12,000
|
|
|
11,865,000
|
|
Range Resources Corp.
|
|
5.00%
|
|
3/15/2023
|
|
|
13,600
|
|
|
13,940,000
|
|
Range Resources Corp.
|
|
8.00%
|
|
5/15/2019
|
|
|
7,500
|
|
|
8,250,000
|
|
SM Energy Co.
|
|
6.50%
|
|
11/15/2021
|
|
|
10,000
|
|
|
10,975,000
|
|
SM Energy Co.
|
|
6.50%
|
|
1/1/2023
|
|
|
4,200
|
|
|
4,620,000
|
|
SM Energy Co.
|
|
6.625%
|
|
2/15/2019
|
|
|
18,700
|
|
|
20,149,250
|
|
Stone Energy Corp.
|
|
7.50%
|
|
11/15/2022
|
|
|
27,500
|
|
|
30,181,250
|
|
W&T Offshore, Inc.
|
|
8.50%
|
|
6/15/2019
|
|
|
10,275
|
|
|
11,225,438
|
|
Whiting Petroleum Corp.
|
|
6.50%
|
|
10/1/2018
|
|
|
4,200
|
|
|
4,536,000
|
|
WPX Energy, Inc.
|
|
6.00%
|
|
1/15/2022
|
|
|
20,000
|
|
|
21,050,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
680,252,031
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Environmental
0.23%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ADS Waste Holdings, Inc.
|
|
8.25%
|
|
10/1/2020
|
|
$
|
5,000
|
|
$
|
5,412,500
|
|
Clean Harbors, Inc.
|
|
5.25%
|
|
8/1/2020
|
|
|
14,300
|
|
|
14,836,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
20,248,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Food &
Drug Retailers 0.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
American Stores Co.
|
|
7.10%
|
|
3/20/2028
|
|
|
1,575
|
|
|
1,909,687
|
|
Cencosud SA (Chile)
(b)
|
|
4.875%
|
|
1/20/2023
|
|
|
4,650
|
|
|
4,736,225
|
|
Rite Aid Corp.
|
|
6.875%
|
|
12/15/2028
|
|
|
2,000
|
|
|
1,780,000
|
|
Rite Aid Corp.
|
|
7.70%
|
|
2/15/2027
|
|
|
27,000
|
|
|
26,325,000
|
|
Rite Aid Corp.
|
|
9.50%
|
|
6/15/2017
|
|
|
10,000
|
|
|
10,500,000
|
|
Rite Aid Corp.
|
|
10.25%
|
|
10/15/2019
|
|
|
10,000
|
|
|
11,575,000
|
|
Stater Bros Holdings, Inc.
|
|
7.375%
|
|
11/15/2018
|
|
|
5,000
|
|
|
5,368,750
|
|
Tops Holding Corp./Tops
Markets LLC
|
|
8.875%
|
|
12/15/2017
|
|
|
14,000
|
|
|
15,435,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
77,629,662
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Food:
Wholesale 1.88%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bumble Bee Acquisition
Corp.
|
|
9.00%
|
|
12/15/2017
|
|
|
4,796
|
|
|
5,299,580
|
|
Bumble Bee Holdco SCA PIK
(Luxembourg)
(b)
|
|
9.625%
|
|
3/15/2018
|
|
|
5,725
|
|
|
5,982,625
|
|
Del Monte Corp.
|
|
7.625%
|
|
2/15/2019
|
|
|
18,000
|
|
|
18,765,000
|
|
Dole Food Co., Inc.
|
|
8.75%
|
|
7/15/2013
|
|
|
12,000
|
|
|
12,288,000
|
|
Hawk Acquisition Sub, Inc.
(h)
|
|
4.25%
|
|
10/15/2020
|
|
|
7,800
|
|
|
7,819,500
|
|
Ingredion, Inc.
|
|
4.625%
|
|
11/1/2020
|
|
|
8,000
|
|
|
8,924,528
|
|
Land OLakes, Inc.
|
|
6.00%
|
|
11/15/2022
|
|
|
9,750
|
|
|
10,432,500
|
|
Michael Foods Holding, Inc.
PIK
|
|
8.50%
|
|
7/15/2018
|
|
|
4,700
|
|
|
4,864,500
|
|
Pinnacle Foods Finance
LLC/Pinnacle Foods Finance Corp.
|
|
8.25%
|
|
9/1/2017
|
|
|
5,250
|
|
|
5,666,719
|
|
Pinnacle Foods Finance
LLC/Pinnacle Foods Finance Corp.
|
|
9.25%
|
|
4/1/2015
|
|
|
6,238
|
|
|
6,269,190
|
|
Post Holdings, Inc.
|
|
7.375%
|
|
2/15/2022
|
|
|
20,000
|
|
|
21,975,000
|
|
Shearers Foods LLC/Chip
Finance Corp.
|
|
9.00%
|
|
11/1/2019
|
|
|
10,500
|
|
|
11,550,000
|
|
Smithfield Foods, Inc.
|
|
6.625%
|
|
8/15/2022
|
|
|
4,710
|
|
|
5,145,675
|
|
US Foods, Inc.
|
|
8.50%
|
|
6/30/2019
|
|
|
16,000
|
|
|
17,060,000
|
|
Viterra, Inc. (Canada)
(b)
|
|
5.95%
|
|
8/1/2020
|
|
|
18,250
|
|
|
19,668,152
|
|
Wells Enterprises, Inc.
|
|
6.75%
|
|
2/1/2020
|
|
|
1,550
|
|
|
1,639,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
163,350,094
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Forestry/Paper
0.63%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Longview Fibre Paper &
Packaging, Inc.
|
|
8.00%
|
|
6/1/2016
|
|
$
|
14,000
|
|
$
|
14,700,000
|
|
Louisiana-Pacific Corp.
|
|
7.50%
|
|
6/1/2020
|
|
|
8,000
|
|
|
9,140,000
|
|
Millar Western Forest
Products Ltd. (Canada)
(b)
|
|
8.50%
|
|
4/1/2021
|
|
|
10,000
|
|
|
10,050,000
|
|
Rock-Tenn Co.
|
|
3.50%
|
|
3/1/2020
|
|
|
5,000
|
|
|
5,119,080
|
|
Rock-Tenn Co.
|
|
4.90%
|
|
3/1/2022
|
|
|
3,248
|
|
|
3,519,919
|
|
Weyerhaeuser Co.
|
|
7.375%
|
|
10/1/2019
|
|
|
10,000
|
|
|
12,312,050
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
54,841,049
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gaming
2.56%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Boyd Acquisition Sub
LLC/Boyd Acquisition Finance Corp.
|
|
8.375%
|
|
2/15/2018
|
|
|
12,000
|
|
|
12,750,000
|
|
Boyd Gaming Corp.
|
|
7.125%
|
|
2/1/2016
|
|
|
8,000
|
|
|
8,090,000
|
|
Caesars Entertainment
Operating Co., Inc.
|
|
8.50%
|
|
2/15/2020
|
|
|
8,700
|
|
|
8,618,438
|
|
CCM Merger, Inc.
|
|
9.125%
|
|
5/1/2019
|
|
|
14,000
|
|
|
14,420,000
|
|
Chester Downs & Marina
LLC
|
|
9.25%
|
|
2/1/2020
|
|
|
10,000
|
|
|
9,600,000
|
|
CityCenter Holdings
LLC/CityCenter Finance Corp. PIK
|
|
10.75%
|
|
1/15/2017
|
|
|
7,968
|
|
|
8,844,635
|
|
Downstream Development
Authority of the Quapaw Tribe of Oklahoma
|
|
10.50%
|
|
7/1/2019
|
|
|
11,600
|
|
|
12,934,000
|
|
Graton Economic Development
Authority
|
|
9.625%
|
|
9/1/2019
|
|
|
20,725
|
|
|
23,315,625
|
|
MCE Finance Ltd.
|
|
5.00%
|
|
2/15/2021
|
|
|
18,000
|
|
|
18,225,000
|
|
MGM Resorts International
|
|
7.625%
|
|
1/15/2017
|
|
|
7,500
|
|
|
8,362,500
|
|
Mohegan Tribal Gaming
Authority
|
|
11.50%
|
|
11/1/2017
|
|
|
20,000
|
|
|
21,800,000
|
|
MTR Gaming Group, Inc. PIK
|
|
11.50%
|
|
8/1/2019
|
|
|
8,200
|
|
|
8,548,500
|
|
Pinnacle Entertainment,
Inc.
|
|
7.75%
|
|
4/1/2022
|
|
|
7,500
|
|
|
8,090,625
|
|
River Rock Entertainment
Authority (The)
|
|
9.00%
|
|
11/1/2018
|
|
|
14,544
|
|
|
9,162,720
|
|
Rivers Pittsburgh Borrower
LP/Rivers Pittsburgh Finance Corp.
|
|
9.50%
|
|
6/15/2019
|
|
|
11,000
|
|
|
12,072,500
|
|
Snoqualmie Entertainment
Authority
|
|
9.125%
|
|
2/1/2015
|
|
|
17,000
|
|
|
17,031,875
|
|
Sugarhouse HSP Gaming Prop.
Mezz. LP/Sugarhouse HSP Gaming Finance Corp.
|
|
8.625%
|
|
4/15/2016
|
|
|
13,052
|
|
|
14,030,900
|
|
Wynn Las Vegas LLC/Capital
Corp.
|
|
7.75%
|
|
8/15/2020
|
|
|
5,300
|
|
|
5,969,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
221,866,443
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas
Distribution 2.96%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chesapeake Midstream
Partners LP/CHKM
|
|
|
|
|
|
|
|
|
|
|
|
Finance Corp.
|
|
6.125%
|
|
7/15/2022
|
|
|
5,000
|
|
|
5,387,500
|
|
El Paso Corp.
|
|
6.50%
|
|
9/15/2020
|
|
|
10,000
|
|
|
11,098,030
|
|
El Paso Corp.
|
|
7.00%
|
|
6/15/2017
|
|
|
12,000
|
|
|
13,784,724
|
|
El Paso Corp.
|
|
7.75%
|
|
1/15/2032
|
|
|
10,000
|
|
|
11,241,570
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Gas
Distribution (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy Transfer Partners LP
|
|
5.20%
|
|
2/1/2022
|
|
$
|
22,100
|
|
$
|
24,856,047
|
|
Ferrellgas LP/Ferrellgas
Finance Corp.
|
|
6.50%
|
|
5/1/2021
|
|
|
12,000
|
|
|
12,450,000
|
|
Ferrellgas Partners LP
|
|
8.625%
|
|
6/15/2020
|
|
|
9,750
|
|
|
9,945,000
|
|
Florida Gas Transmission
Co. LLC
|
|
7.90%
|
|
5/15/2019
|
|
|
7,700
|
|
|
10,003,886
|
|
Hiland Partners LP/Hiland
Partners Finance Corp.
|
|
7.25%
|
|
10/1/2020
|
|
|
5,450
|
|
|
5,981,375
|
|
IFM US Colonial Pipeline 2
LLC
|
|
6.45%
|
|
5/1/2021
|
|
|
19,000
|
|
|
21,370,193
|
|
Inergy Midstream LP/NRGM
Finance Corp.
|
|
6.00%
|
|
12/15/2020
|
|
|
3,650
|
|
|
3,814,250
|
|
Kinder Morgan Finance Co.
LLC
|
|
6.00%
|
|
1/15/2018
|
|
|
15,000
|
|
|
16,674,255
|
|
MarkWest Energy Partners
LP/MarkWest Energy Finance Corp.
|
|
4.50%
|
|
7/15/2023
|
|
|
5,500
|
|
|
5,390,000
|
|
MarkWest Energy Partners
LP/MarkWest Energy Finance Corp.
|
|
5.50%
|
|
2/15/2023
|
|
|
7,750
|
|
|
8,156,875
|
|
MarkWest Energy Partners
LP/MarkWest Energy Finance Corp.
|
|
6.25%
|
|
6/15/2022
|
|
|
3,153
|
|
|
3,413,123
|
|
MarkWest Energy Partners
LP/MarkWest Energy Finance Corp.
|
|
6.75%
|
|
11/1/2020
|
|
|
17,000
|
|
|
18,657,500
|
|
Martin Midstream Partners
LP/Martin Midstream Finance Corp.
|
|
7.25%
|
|
2/15/2021
|
|
|
5,000
|
|
|
5,062,500
|
|
Northwest Pipeline GP
|
|
6.05%
|
|
6/15/2018
|
|
|
5,025
|
|
|
6,074,893
|
|
Panhandle Eastern Pipeline
Co. LP
|
|
7.00%
|
|
6/15/2018
|
|
|
7,600
|
|
|
9,245,157
|
|
Panhandle Eastern Pipeline
Co. LP
|
|
8.125%
|
|
6/1/2019
|
|
|
13,800
|
|
|
17,122,005
|
|
Regency Energy Partners
LP/Regency Energy Finance Corp.
|
|
5.50%
|
|
4/15/2023
|
|
|
5,800
|
|
|
6,235,000
|
|
Sabine Pass Liquefaction
LLC
|
|
5.625%
|
|
2/1/2021
|
|
|
6,000
|
|
|
6,232,500
|
|
Suburban Propane Partners
LP/Suburban Energy Finance Corp.
|
|
7.375%
|
|
8/1/2021
|
|
|
22,067
|
|
|
24,439,202
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
256,635,585
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health
Facilities 3.40%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amsurg Corp.
|
|
5.625%
|
|
11/30/2020
|
|
|
6,410
|
|
|
6,778,575
|
|
Capella Healthcare, Inc.
|
|
9.25%
|
|
7/1/2017
|
|
|
12,000
|
|
|
13,050,000
|
|
Community Health Systems,
Inc.
|
|
8.00%
|
|
11/15/2019
|
|
|
50,000
|
|
|
55,625,000
|
|
DaVita, Inc.
|
|
5.75%
|
|
8/15/2022
|
|
|
21,500
|
|
|
22,440,625
|
|
Dignity Health
|
|
4.50%
|
|
11/1/2042
|
|
|
10,000
|
|
|
9,705,090
|
|
HCA Holdings, Inc.
|
|
6.25%
|
|
2/15/2021
|
|
|
7,800
|
|
|
8,336,250
|
|
HCA
Holdings, Inc.
|
|
7.75%
|
|
5/15/2021
|
|
|
30,000
|
|
|
33,506,250
|
|
See Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Health Facilities (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HCA,
Inc.
|
|
6.50%
|
|
2/15/2020
|
|
$
|
20,000
|
|
$
|
22,612,500
|
|
HCA,
Inc.
|
|
7.50%
|
|
2/15/2022
|
|
|
25,000
|
|
|
28,812,500
|
|
HCA,
Inc.
|
|
7.69%
|
|
6/15/2025
|
|
|
1,045
|
|
|
1,120,762
|
|
HealthSouth
Corp.
|
|
8.125%
|
|
2/15/2020
|
|
|
21,000
|
|
|
23,257,500
|
|
IASIS
Healthcare LLC/IASIS Capital Corp.
|
|
8.375%
|
|
5/15/2019
|
|
|
5,000
|
|
|
5,281,250
|
|
Kindred
Healthcare, Inc.
|
|
8.25%
|
|
6/1/2019
|
|
|
10,000
|
|
|
9,975,000
|
|
Omega
Healthcare Investors, Inc.
|
|
6.75%
|
|
10/15/2022
|
|
|
6,900
|
|
|
7,641,750
|
|
Omega
Healthcare Investors, Inc.
|
|
7.50%
|
|
2/15/2020
|
|
|
7,750
|
|
|
8,641,250
|
|
Tenet
Healthcare Corp.
|
|
9.25%
|
|
2/1/2015
|
|
|
5,000
|
|
|
5,650,000
|
|
Vanguard Health Holding
Co. II LLC/Vanguard Holding Co. II, Inc.
|
|
8.00%
|
|
2/1/2018
|
|
|
30,000
|
|
|
32,062,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
294,496,802
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health Services 0.38%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STHI
Holding Corp.
|
|
8.00%
|
|
3/15/2018
|
|
|
12,500
|
|
|
13,718,750
|
|
Truven
Health Analytics, Inc.
|
|
10.625%
|
|
6/1/2020
|
|
|
17,000
|
|
|
19,465,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
33,183,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hotels 0.34%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Host
Hotels & Resorts LP
(h)
|
|
5.25%
|
|
3/15/2022
|
|
|
3,880
|
|
|
4,326,200
|
|
RHP
Hotel Properties LP/RHP Finance Corp.
(h)
|
|
5.00%
|
|
4/15/2021
|
|
|
3,100
|
|
|
3,127,125
|
|
Starwood
Hotels & Resorts Worldwide, Inc.
|
|
6.75%
|
|
5/15/2018
|
|
|
8,500
|
|
|
10,329,463
|
|
Wyndham
Worldwide Corp.
|
|
3.90%
|
|
3/1/2023
|
|
|
11,800
|
|
|
11,862,269
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
29,645,057
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Household & Leisure Products 0.64%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
American
Standard Americas
|
|
10.75%
|
|
1/15/2016
|
|
|
12,675
|
|
|
13,213,687
|
|
BC
Mountain LLC/BC Mountain Finance, Inc.
|
|
7.00%
|
|
2/1/2021
|
|
|
9,675
|
|
|
10,279,688
|
|
RSI
Home Products, Inc.
|
|
6.875%
|
|
3/1/2018
|
|
|
5,000
|
|
|
5,100,000
|
|
Serta
Simmons Holdings LLC
|
|
8.125%
|
|
10/1/2020
|
|
|
15,000
|
|
|
15,656,250
|
|
Whirlpool
Corp.
|
|
8.60%
|
|
5/1/2014
|
|
|
10,000
|
|
|
10,810,170
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
55,059,795
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Insurance Brokerage 0.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-S
Co-Issuer Subsidiary, Inc./A-S Merger Sub LLC
|
|
7.875%
|
|
12/15/2020
|
|
|
10,235
|
|
|
10,567,638
|
|
HUB
International Ltd.
|
|
8.125%
|
|
10/15/2018
|
|
|
14,500
|
|
|
15,333,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
25,901,388
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Integrated Energy 0.41%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alta
Wind Holdings LLC
|
|
7.00%
|
|
6/30/2035
|
|
|
10,676
|
|
|
11,470,453
|
|
Coso
Geothermal Power Holdings LLC
|
|
7.00%
|
|
7/15/2026
|
|
|
9,377
|
|
|
4,688,542
|
|
See Notes to Schedule of
Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Integrated
Energy (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LUKOIL International
Finance BV (Netherlands)
(b)
|
|
6.656%
|
|
6/7/2022
|
|
$
|
9,000
|
|
$
|
10,710,000
|
|
Rosneft Oil Co via Rosneft
International Finance Ltd. (Ireland)
(b)
|
|
4.199%
|
|
3/6/2022
|
|
|
9,000
|
|
|
8,943,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
35,812,745
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
& Miscellaneous Financial Services 1.27%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FMR LLC
|
|
5.35%
|
|
11/15/2021
|
|
|
14,800
|
|
|
17,048,031
|
|
KKR Group Finance Co.
|
|
6.375%
|
|
9/29/2020
|
|
|
10,900
|
|
|
13,024,857
|
|
Legg Mason, Inc.
|
|
5.50%
|
|
5/21/2019
|
|
|
10,000
|
|
|
10,864,830
|
|
Neuberger Berman Group
LLC/Neuberger Berman Finance Corp.
|
|
5.625%
|
|
3/15/2020
|
|
|
3,700
|
|
|
3,894,250
|
|
Neuberger Berman Group
LLC/Neuberger Berman Finance Corp.
|
|
5.875%
|
|
3/15/2022
|
|
|
15,000
|
|
|
15,937,500
|
|
Nuveen Investments,
Inc.
|
|
9.125%
|
|
10/15/2017
|
|
|
27,000
|
|
|
28,012,500
|
|
Nuveen Investments,
Inc.
|
|
9.50%
|
|
10/15/2020
|
|
|
20,000
|
|
|
21,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
109,781,968
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Leisure
0.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cedar Fair LP/Canadas
Wonderland Co./Magnum Management Corp.
|
|
5.25%
|
|
3/15/2021
|
|
|
8,800
|
|
|
8,778,000
|
|
MU Finance plc (United
Kingdom)
(b)
|
|
8.375%
|
|
2/1/2017
|
|
|
15,268
|
|
|
16,641,671
|
|
NCL Corp. Ltd.
|
|
9.50%
|
|
11/15/2018
|
|
|
7,036
|
|
|
7,985,860
|
|
Royal Caribbean Cruises
Ltd.
|
|
5.25%
|
|
11/15/2022
|
|
|
8,850
|
|
|
9,004,875
|
|
Speedway Motorsports,
Inc.
|
|
8.75%
|
|
6/1/2016
|
|
|
15,450
|
|
|
16,377,000
|
|
Viking Cruises Ltd.
|
|
8.50%
|
|
10/15/2022
|
|
|
3,900
|
|
|
4,309,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
63,096,906
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Life
Insurance 0.24%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MetLife Capital Trust X
|
|
9.25%
|
|
4/8/2038
|
|
|
15,075
|
|
|
21,105,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery
1.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cleaver-Brooks, Inc.
|
|
8.75%
|
|
12/15/2019
|
|
|
10,500
|
|
|
11,353,125
|
|
Flowserve Corp.
|
|
3.50%
|
|
9/15/2022
|
|
|
3,880
|
|
|
3,930,723
|
|
Manitowoc Co., Inc.
(The)
|
|
5.875%
|
|
10/15/2022
|
|
|
11,750
|
|
|
12,366,875
|
|
Manitowoc Co., Inc.
(The)
|
|
8.50%
|
|
11/1/2020
|
|
|
25,000
|
|
|
28,375,000
|
|
Mcron Finance Sub
LLC/Mcron Finance Corp.
|
|
8.375%
|
|
5/15/2019
|
|
|
16,500
|
|
|
18,315,000
|
|
Milacron LLC/Mcron
Finance Corp.
|
|
7.75%
|
|
2/15/2021
|
|
|
11,725
|
|
|
12,179,344
|
|
Steelcase, Inc.
|
|
6.375%
|
|
2/15/2021
|
|
|
11,175
|
|
|
12,373,843
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
98,893,910
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed
Care 0.19%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Centene Corp.
|
|
5.75%
|
|
6/1/2017
|
|
|
15,525
|
|
|
16,728,188
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Broadcast 0.76%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allbritton
Communications Co.
|
|
8.00%
|
|
5/15/2018
|
|
$
|
5,000
|
|
$
|
5,437,500
|
|
AMC Networks, Inc.
|
|
4.75%
|
|
12/15/2022
|
|
|
10,960
|
|
|
10,960,000
|
|
AMC Networks, Inc.
|
|
7.75%
|
|
7/15/2021
|
|
|
12,000
|
|
|
13,650,000
|
|
Clear Channel
Communications, Inc.
|
|
9.00%
|
|
12/15/2019
|
|
|
14,000
|
|
|
13,527,500
|
|
Clear Channel Communications,
Inc.
|
|
11.25%
|
|
3/1/2021
|
|
|
13,600
|
|
|
14,008,000
|
|
LIN Television Corp.
|
|
8.375%
|
|
4/15/2018
|
|
|
7,500
|
|
|
8,203,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
65,786,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Cable 3.71%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cablevision Systems
Corp.
|
|
5.875%
|
|
9/15/2022
|
|
|
28,000
|
|
|
27,825,000
|
|
CCO Holdings LLC/CCO
Holdings Capital Corp.
|
|
5.25%
|
|
3/15/2021
|
|
|
8,100
|
|
|
8,089,875
|
|
CCO Holdings LLC/CCO
Holdings Capital Corp.
|
|
5.75%
|
|
9/1/2023
|
|
|
7,000
|
|
|
7,052,500
|
|
CCO Holdings LLC/CCO
Holdings Capital Corp.
|
|
8.125%
|
|
4/30/2020
|
|
|
17,500
|
|
|
19,643,750
|
|
CSC Holdings LLC
|
|
8.625%
|
|
2/15/2019
|
|
|
7,375
|
|
|
8,886,875
|
|
DISH DBS Corp.
|
|
4.625%
|
|
7/15/2017
|
|
|
22,350
|
|
|
23,299,875
|
|
DISH DBS Corp.
|
|
5.00%
|
|
3/15/2023
|
|
|
15,600
|
|
|
15,424,500
|
|
DISH DBS Corp.
|
|
5.875%
|
|
7/15/2022
|
|
|
18,300
|
|
|
19,283,625
|
|
DISH DBS Corp.
|
|
6.75%
|
|
6/1/2021
|
|
|
16,650
|
|
|
18,564,750
|
|
Harron Communications
LP/Harron Finance Corp.
|
|
9.125%
|
|
4/1/2020
|
|
|
5,750
|
|
|
6,411,250
|
|
Lynx I Corp.
|
|
5.375%
|
|
4/15/2021
|
|
|
6,400
|
|
|
6,688,000
|
|
Lynx II Corp.
|
|
6.375%
|
|
4/15/2023
|
|
|
14,250
|
|
|
14,998,125
|
|
Mediacom Broadband
LLC/Mediacom Broadband Corp.
|
|
6.375%
|
|
4/1/2023
|
|
|
26,925
|
|
|
28,069,312
|
|
Mediacom Communications
Corp.
|
|
9.125%
|
|
8/15/2019
|
|
|
32,450
|
|
|
36,384,562
|
|
Nara Cable Funding Ltd.
(Ireland)
(b)
|
|
8.875%
|
|
12/1/2018
|
|
|
8,550
|
|
|
8,998,875
|
|
Ono Finance II plc
(Ireland)
(b)
|
|
10.875%
|
|
7/15/2019
|
|
|
7,075
|
|
|
7,358,000
|
|
Unitymedia Hessen GmbH
& Co. KG/Unitymedia NRW GmbH (Germany)
(a)
|
|
5.50%
|
|
9/15/2022
|
|
EUR
|
6,000
|
|
|
7,678,953
|
|
Unitymedia Hessen GmbH
& Co. KG/Unitymedia NRW GmbH (Germany)
(b)
|
|
5.50%
|
|
1/15/2023
|
|
$
|
11,625
|
|
|
12,002,813
|
|
Unitymedia Hessen GmbH
& Co. KG/Unitymedia NRW GmbH (Germany)
(b)
|
|
7.50%
|
|
3/15/2019
|
|
|
4,450
|
|
|
4,889,438
|
|
UPCB Finance V Ltd.
|
|
7.25%
|
|
11/15/2021
|
|
|
14,000
|
|
|
15,540,000
|
|
Virgin Media Finance
plc (United Kingdom)
(b)
|
|
5.25%
|
|
2/15/2022
|
|
|
7,500
|
|
|
7,659,375
|
|
Virgin Media Finance
plc (United Kingdom)
(b)
|
|
8.375%
|
|
10/15/2019
|
|
|
15,000
|
|
|
16,837,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
321,586,953
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Services 0.85%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Affinion Group, Inc.
|
|
11.50%
|
|
10/15/2015
|
|
|
18,500
|
|
|
16,233,750
|
|
Clear Channel Worldwide
Holdings, Inc.
|
|
7.625%
|
|
3/15/2020
|
|
|
10,000
|
|
|
10,487,500
|
|
Griffey Intermediate,
Inc./Griffey Finance Sub LLC
|
|
7.00%
|
|
10/15/2020
|
|
|
16,300
|
|
|
16,707,500
|
|
Southern Graphics, Inc.
|
|
8.375%
|
|
10/15/2020
|
|
|
14,250
|
|
|
14,820,000
|
|
WMG Acquisition Corp.
|
|
6.00%
|
|
1/15/2021
|
|
|
4,300
|
|
|
4,525,750
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Services (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WMG Acquisition Corp.
|
|
11.50%
|
|
10/1/2018
|
|
$
|
9,500
|
|
$
|
11,198,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
73,972,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Medical
Products 0.88%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Biomet, Inc.
|
|
6.50%
|
|
8/1/2020
|
|
|
35,400
|
|
|
37,701,000
|
|
Grifols, Inc.
|
|
8.25%
|
|
2/1/2018
|
|
|
5,100
|
|
|
5,635,500
|
|
Hologic, Inc.
|
|
6.25%
|
|
8/1/2020
|
|
|
9,000
|
|
|
9,618,750
|
|
Kinetic Concepts,
Inc./KCI USA, Inc.
|
|
10.50%
|
|
11/1/2018
|
|
|
7,500
|
|
|
8,156,250
|
|
Life Technologies Corp.
|
|
6.00%
|
|
3/1/2020
|
|
|
5,300
|
|
|
5,954,810
|
|
Polymer Group, Inc.
|
|
7.75%
|
|
2/1/2019
|
|
|
8,000
|
|
|
8,760,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
75,826,310
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Metals/Mining
(Excluding Steel) 1.54%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Arch Coal, Inc.
|
|
7.25%
|
|
6/15/2021
|
|
|
16,000
|
|
|
14,440,000
|
|
Arch Coal, Inc.
|
|
8.75%
|
|
8/1/2016
|
|
|
8,000
|
|
|
8,360,000
|
|
Boart Longyear
Management Pty Ltd. (Australia)
(b)
|
|
7.00%
|
|
4/1/2021
|
|
|
9,900
|
|
|
10,271,250
|
|
Cliffs Natural
Resources, Inc.
|
|
5.90%
|
|
3/15/2020
|
|
|
8,000
|
|
|
8,546,744
|
|
FMG Resources (August
2006) Pty Ltd. (Australia)
(b)
|
|
8.25%
|
|
11/1/2019
|
|
|
23,000
|
|
|
24,926,250
|
|
Freeport-McMoRan Copper
& Gold, Inc.
|
|
3.875%
|
|
3/15/2023
|
|
|
11,650
|
|
|
11,707,178
|
|
Gold Fields Orogen
Holding BVI Ltd.
|
|
4.875%
|
|
10/7/2020
|
|
|
14,500
|
|
|
14,268,377
|
|
James River Coal Co.
|
|
7.875%
|
|
4/1/2019
|
|
|
14,225
|
|
|
6,899,125
|
|
KGHM International Ltd.
(Canada)
(b)
|
|
7.75%
|
|
6/15/2019
|
|
|
10,000
|
|
|
10,550,000
|
|
Mirabela Nickel Ltd. (Australia)
(b)
|
|
8.75%
|
|
4/15/2018
|
|
|
15,875
|
|
|
14,644,687
|
|
New Gold, Inc. (Canada)
(b)
|
|
6.25%
|
|
11/15/2022
|
|
|
3,700
|
|
|
3,894,250
|
|
Teck Resources Ltd.
(Canada)
(b)
|
|
4.75%
|
|
1/15/2022
|
|
|
4,675
|
|
|
4,973,602
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
133,481,463
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Monoline
Insurance 0.21%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fidelity National
Financial, Inc.
|
|
6.60%
|
|
5/15/2017
|
|
|
16,250
|
|
|
18,445,018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Multi-Line
Insurance 0.17%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AXA SA (France)
(b)(i)
|
|
6.379%
|
|
12/31/2049
|
|
|
11,225
|
|
|
11,196,938
|
|
ZFS Finance USA Trust V
|
|
6.50%
|
|
5/9/2037
|
|
|
3,024
|
|
|
3,250,800
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
14,447,738
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil
Field Equipment & Services 1.90%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BakerCorp International,
Inc.
|
|
8.25%
|
|
6/1/2019
|
|
|
4,400
|
|
|
4,554,000
|
|
Basic Energy Services,
Inc.
|
|
7.75%
|
|
2/15/2019
|
|
|
8,000
|
|
|
8,220,000
|
|
Dresser-Rand Group,
Inc.
|
|
6.50%
|
|
5/1/2021
|
|
|
16,000
|
|
|
17,160,000
|
|
FMC Technologies, Inc.
|
|
3.45%
|
|
10/1/2022
|
|
|
6,475
|
|
|
6,586,143
|
|
See
Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil Field Equipment & Services (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gulfmark
Offshore, Inc.
|
|
6.375%
|
|
3/15/2022
|
|
$
|
16,800
|
|
$
|
17,556,000
|
|
Hornbeck
Offshore Services, Inc.
|
|
5.00%
|
|
3/1/2021
|
|
|
12,000
|
|
|
11,940,000
|
|
Hornbeck
Offshore Services, Inc.
|
|
5.875%
|
|
4/1/2020
|
|
|
20,000
|
|
|
20,800,000
|
|
Key
Energy Services, Inc.
|
|
6.75%
|
|
3/1/2021
|
|
|
5,750
|
|
|
6,023,125
|
|
Offshore
Group Investment Ltd.
|
|
7.125%
|
|
4/1/2023
|
|
|
6,200
|
|
|
6,355,000
|
|
Oil
States International, Inc.
|
|
5.125%
|
|
1/15/2023
|
|
|
6,200
|
|
|
6,215,500
|
|
Oil
States International, Inc.
|
|
6.50%
|
|
6/1/2019
|
|
|
16,000
|
|
|
17,200,000
|
|
Precision
Drilling Corp. (Canada)
(b)
|
|
6.50%
|
|
12/15/2021
|
|
|
3,250
|
|
|
3,485,625
|
|
Precision
Drilling Corp. (Canada)
(b)
|
|
6.625%
|
|
11/15/2020
|
|
|
2,825
|
|
|
3,029,813
|
|
SEACOR
Holdings, Inc.
|
|
7.375%
|
|
10/1/2019
|
|
|
19,750
|
|
|
21,491,239
|
|
SESI
LLC
|
|
6.375%
|
|
5/1/2019
|
|
|
6,700
|
|
|
7,236,000
|
|
Trinidad
Drilling Ltd. (Canada)
(b)
|
|
7.875%
|
|
1/15/2019
|
|
|
6,600
|
|
|
7,194,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
165,046,445
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oil Refining & Marketing 0.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alon
Refining Krotz Springs, Inc.
|
|
13.50%
|
|
10/15/2014
|
|
|
7,850
|
|
|
8,448,563
|
|
Tesoro
Corp.
|
|
5.375%
|
|
10/1/2022
|
|
|
10,000
|
|
|
10,475,000
|
|
Tesoro
Corp.
|
|
9.75%
|
|
6/1/2019
|
|
|
15,000
|
|
|
16,987,500
|
|
Tesoro
Logistics LP/Tesoro Logistics Finance Corp.
|
|
5.875%
|
|
10/1/2020
|
|
|
8,525
|
|
|
9,036,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
44,947,563
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging 2.41%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AEP
Industries, Inc.
|
|
8.25%
|
|
4/15/2019
|
|
|
15,000
|
|
|
16,387,500
|
|
Ardagh
Packaging Finance plc (Ireland)
(b)
|
|
9.125%
|
|
10/15/2020
|
|
|
9,500
|
|
|
10,568,750
|
|
Crown
Cork & Seal Co., Inc.
|
|
7.375%
|
|
12/15/2026
|
|
|
46,570
|
|
|
52,158,400
|
|
Packaging
Dynamics Corp.
|
|
8.75%
|
|
2/1/2016
|
|
|
6,525
|
|
|
6,843,094
|
|
Reynolds
Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer
(Luxembourg) SA
|
|
5.75%
|
|
10/15/2020
|
|
|
10,000
|
|
|
10,212,500
|
|
Reynolds
Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer
(Luxembourg) SA
|
|
8.50%
|
|
5/15/2018
|
|
|
50,000
|
|
|
52,812,500
|
|
Reynolds
Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer
(Luxembourg) SA
|
|
9.875%
|
|
8/15/2019
|
|
|
8,225
|
|
|
9,037,218
|
|
Sealed
Air Corp.
|
|
6.875%
|
|
7/15/2033
|
|
|
25,000
|
|
|
23,875,000
|
|
Sealed
Air Corp.
|
|
8.375%
|
|
9/15/2021
|
|
|
13,500
|
|
|
15,525,000
|
|
Tekni-Plex,
Inc.
|
|
9.75%
|
|
6/1/2019
|
|
|
10,000
|
|
|
11,100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
208,519,962
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals 0.52%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mylan,
Inc.
|
|
7.875%
|
|
7/15/2020
|
|
|
5,000
|
|
|
5,837,685
|
|
Sky
Growth Acquisition Corp.
|
|
7.375%
|
|
10/15/2020
|
|
|
23,100
|
|
|
24,543,750
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Pharmaceuticals (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warner
Chilcott Co. LLC/Warner Chilcott Finance LLC (Puerto Rico)
(b)
|
|
7.75%
|
|
9/15/2018
|
|
$
|
10,000
|
|
$
|
10,737,500
|
|
Zoetis,
Inc.
|
|
1.875%
|
|
2/1/2018
|
|
|
4,000
|
|
|
4,030,420
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
45,149,355
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Printing & Publishing 0.15%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ProQuest
LLC/ProQuest Notes Co.
|
|
9.00%
|
|
10/15/2018
|
|
|
12,625
|
|
|
12,593,438
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property & Casualty 0.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liberty
Mutual Group, Inc.
|
|
4.95%
|
|
5/1/2022
|
|
|
2,725
|
|
|
2,993,472
|
|
Liberty
Mutual Group, Inc.
(j)
|
|
10.75%
|
|
6/15/2058
|
|
|
12,000
|
|
|
18,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
21,593,472
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Railroads 0.30%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Florida
East Coast Railway Corp.
|
|
8.125%
|
|
2/1/2017
|
|
|
20,000
|
|
|
21,550,000
|
|
Watco
Cos. LLC/Watco Finance Corp.
|
|
6.375%
|
|
4/1/2023
|
|
|
4,700
|
|
|
4,858,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
26,408,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Development & Management 0.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Brookfield
Residential Properties, Inc. (Canada)
(b)
|
|
6.50%
|
|
12/15/2020
|
|
|
9,000
|
|
|
9,675,000
|
|
Jones
Lang LaSalle, Inc.
|
|
4.40%
|
|
11/15/2022
|
|
|
7,200
|
|
|
7,420,846
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
17,095,846
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Investment Trusts 1.62%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Camden
Property Trust
|
|
2.95%
|
|
12/15/2022
|
|
|
13,000
|
|
|
12,726,142
|
|
DDR
Corp.
|
|
7.875%
|
|
9/1/2020
|
|
|
11,000
|
|
|
14,006,608
|
|
DuPont
Fabros Technology LP
|
|
8.50%
|
|
12/15/2017
|
|
|
3,525
|
|
|
3,807,000
|
|
Goodman
Funding Pty Ltd. (Australia)
(b)
|
|
6.00%
|
|
3/22/2022
|
|
|
9,600
|
|
|
11,027,981
|
|
Goodman
Funding Pty Ltd. (Australia)
(b)
|
|
6.375%
|
|
11/12/2020
|
|
|
12,000
|
|
|
14,059,944
|
|
Health
Care REIT, Inc.
|
|
4.95%
|
|
1/15/2021
|
|
|
11,700
|
|
|
13,028,629
|
|
Health
Care REIT, Inc.
|
|
6.125%
|
|
4/15/2020
|
|
|
10,000
|
|
|
11,840,070
|
|
Kilroy
Realty LP
|
|
3.80%
|
|
1/15/2023
|
|
|
12,230
|
|
|
12,551,074
|
|
ProLogis
LP
(k)
|
|
6.875%
|
|
3/15/2020
|
|
|
21,000
|
|
|
25,806,774
|
|
ProLogis
LP
|
|
8.65%
|
|
5/15/2016
|
|
|
9,168
|
|
|
9,873,150
|
|
Washington
Real Estate Investment Trust
|
|
3.95%
|
|
10/15/2022
|
|
|
11,675
|
|
|
11,917,501
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
140,644,873
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restaurants 0.16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DineEquity,
Inc.
|
|
9.50%
|
|
10/30/2018
|
|
|
8,000
|
|
|
9,160,000
|
|
Fiesta
Restaurant Group, Inc.
|
|
8.875%
|
|
8/15/2016
|
|
|
4,380
|
|
|
4,774,200
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
13,934,200
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Software/Services 3.80%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alliance
Data Systems Corp.
|
|
6.375%
|
|
4/1/2020
|
|
$
|
53,000
|
|
$
|
57,372,500
|
|
Ceridian
Corp.
|
|
11.00%
|
|
3/15/2021
|
|
|
2,700
|
|
|
2,909,250
|
|
Ceridian
Corp.
|
|
11.25%
|
|
11/15/2015
|
|
|
5,750
|
|
|
5,965,625
|
|
Dun
& Bradstreet Corp. (The)
|
|
4.375%
|
|
12/1/2022
|
|
|
19,425
|
|
|
19,786,752
|
|
First
Data Corp.
|
|
8.25%
|
|
1/15/2021
|
|
|
27,000
|
|
|
28,215,000
|
|
First
Data Corp.
(h)
|
|
10.625%
|
|
6/15/2021
|
|
|
15,600
|
|
|
15,853,500
|
|
First
Data Corp.
|
|
11.25%
|
|
3/31/2016
|
|
|
6,500
|
|
|
6,565,000
|
|
First
Data Corp.
|
|
11.25%
|
|
1/15/2021
|
|
|
14,325
|
|
|
14,969,625
|
|
First
Data Corp.
|
|
12.625%
|
|
1/15/2021
|
|
|
32,500
|
|
|
35,384,375
|
|
Infor
US, Inc.
|
|
9.375%
|
|
4/1/2019
|
|
|
10,000
|
|
|
11,387,500
|
|
NeuStar,
Inc.
|
|
4.50%
|
|
1/15/2023
|
|
|
6,800
|
|
|
6,528,000
|
|
Nuance
Communications, Inc.
|
|
5.375%
|
|
8/15/2020
|
|
|
20,825
|
|
|
21,189,437
|
|
SERENA
Software, Inc.
|
|
10.375%
|
|
3/15/2016
|
|
|
6,099
|
|
|
6,220,980
|
|
Sophia
LP/Sophia Finance, Inc.
|
|
9.75%
|
|
1/15/2019
|
|
|
20,000
|
|
|
22,400,000
|
|
SRA
International, Inc.
|
|
11.00%
|
|
10/1/2019
|
|
|
7,475
|
|
|
7,886,125
|
|
SunGard
Data Systems, Inc.
|
|
6.625%
|
|
11/1/2019
|
|
|
30,000
|
|
|
31,125,000
|
|
SunGard
Data Systems, Inc.
|
|
7.375%
|
|
11/15/2018
|
|
|
14,000
|
|
|
15,050,000
|
|
SunGard
Data Systems, Inc.
|
|
7.625%
|
|
11/15/2020
|
|
|
6,100
|
|
|
6,641,375
|
|
Syniverse
Holdings, Inc.
|
|
9.125%
|
|
1/15/2019
|
|
|
12,500
|
|
|
13,781,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
329,231,294
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Specialty Retail 2.54%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Brookstone
Co., Inc.
|
|
13.00%
|
|
10/15/2014
|
|
|
7,058
|
|
|
7,022,710
|
|
Brown
Shoe Co., Inc.
|
|
7.125%
|
|
5/15/2019
|
|
|
12,500
|
|
|
13,250,000
|
|
CDR
DB Sub, Inc.
|
|
7.75%
|
|
10/15/2020
|
|
|
30,000
|
|
|
30,975,000
|
|
Claires
Stores, Inc.
|
|
6.125%
|
|
3/15/2020
|
|
|
7,300
|
|
|
7,519,000
|
|
Claires
Stores, Inc.
|
|
8.875%
|
|
3/15/2019
|
|
|
425
|
|
|
450,500
|
|
Claires
Stores, Inc.
|
|
9.00%
|
|
3/15/2019
|
|
|
9,700
|
|
|
11,009,500
|
|
J.
Crew Group, Inc.
|
|
8.125%
|
|
3/1/2019
|
|
|
14,000
|
|
|
15,120,000
|
|
Limited
Brands, Inc.
|
|
7.00%
|
|
5/1/2020
|
|
|
15,000
|
|
|
17,475,000
|
|
Limited
Brands, Inc.
|
|
7.60%
|
|
7/15/2037
|
|
|
7,500
|
|
|
8,109,375
|
|
Limited
Brands, Inc.
|
|
8.50%
|
|
6/15/2019
|
|
|
12,500
|
|
|
15,406,250
|
|
Michaels
Stores, Inc.
|
|
7.75%
|
|
11/1/2018
|
|
|
7,400
|
|
|
8,121,500
|
|
PETCO
Animal Supplies, Inc.
|
|
9.25%
|
|
12/1/2018
|
|
|
10,000
|
|
|
11,075,000
|
|
QVC,
Inc.
|
|
4.375%
|
|
3/15/2023
|
|
|
7,750
|
|
|
7,850,456
|
|
QVC,
Inc.
|
|
7.375%
|
|
10/15/2020
|
|
|
17,500
|
|
|
19,387,357
|
|
Sally
Holdings LLC/Sally Capital, Inc.
|
|
5.75%
|
|
6/1/2022
|
|
|
7,700
|
|
|
8,075,375
|
|
Toys
R Us Property Co. I LLC
|
|
10.75%
|
|
7/15/2017
|
|
|
22,250
|
|
|
24,057,812
|
|
Toys
R Us Property Co. II LLC
|
|
8.50%
|
|
12/1/2017
|
|
|
14,000
|
|
|
14,857,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
219,762,335
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Producers/Products 0.73%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allegheny
Ludlum Corp.
|
|
6.95%
|
|
12/15/2025
|
|
|
13,875
|
|
|
16,203,308
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Steel Producers/Products (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allegheny
Technologies, Inc.
|
|
9.375%
|
|
6/1/2019
|
|
$
|
10,200
|
|
$
|
13,147,321
|
|
ArcelorMittal
(Luxembourg)
(b)
|
|
6.00%
|
|
3/1/2021
|
|
|
6,000
|
|
|
6,318,090
|
|
Essar
Steel Algoma, Inc. (Canada)
(b)
|
|
9.375%
|
|
3/15/2015
|
|
|
8,000
|
|
|
7,720,000
|
|
Essar
Steel Algoma, Inc. (Canada)
(b)
|
|
9.875%
|
|
6/15/2015
|
|
|
10,000
|
|
|
8,200,000
|
|
JMC
Steel Group
|
|
8.25%
|
|
3/15/2018
|
|
|
11,050
|
|
|
11,768,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
63,356,969
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Support: Services 2.44%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ashtead
Capital, Inc.
|
|
6.50%
|
|
7/15/2022
|
|
|
3,600
|
|
|
3,928,500
|
|
Avis
Budget Car Rental
|
|
9.625%
|
|
3/15/2018
|
|
|
15,340
|
|
|
17,391,878
|
|
Avis
Budget Car Rental
|
|
9.75%
|
|
3/15/2020
|
|
|
5,500
|
|
|
6,517,555
|
|
Corrections
Corp. of America
(h)
|
|
4.125%
|
|
4/1/2020
|
|
|
6,600
|
|
|
6,756,750
|
|
DigitalGlobe,
Inc.
|
|
5.25%
|
|
2/1/2021
|
|
|
17,500
|
|
|
17,456,250
|
|
FTI
Consulting, Inc.
|
|
6.00%
|
|
11/15/2022
|
|
|
9,300
|
|
|
9,881,250
|
|
FTI
Consulting, Inc.
|
|
6.75%
|
|
10/1/2020
|
|
|
14,350
|
|
|
15,605,625
|
|
Hertz
Corp. (The)
|
|
5.875%
|
|
10/15/2020
|
|
|
2,100
|
|
|
2,226,000
|
|
Hertz
Corp. (The)
|
|
7.50%
|
|
10/15/2018
|
|
|
25,000
|
|
|
27,718,750
|
|
Iron
Mountain, Inc.
|
|
5.75%
|
|
8/15/2024
|
|
|
15,000
|
|
|
15,056,250
|
|
Iron
Mountain, Inc.
|
|
7.75%
|
|
10/1/2019
|
|
|
10,400
|
|
|
11,609,000
|
|
Iron
Mountain, Inc.
|
|
8.375%
|
|
8/15/2021
|
|
|
11,250
|
|
|
12,417,188
|
|
NESCO
LLC/NESCO Holdings Corp.
|
|
11.75%
|
|
4/15/2017
|
|
|
12,400
|
|
|
13,702,000
|
|
RSC Equipment Rental,
Inc./RSC Holdings III LLC
|
|
8.25%
|
|
2/1/2021
|
|
|
10,700
|
|
|
12,171,250
|
|
Sothebys
|
|
5.25%
|
|
10/1/2022
|
|
|
20,000
|
|
|
20,300,000
|
|
United
Rentals North America, Inc.
|
|
6.125%
|
|
6/15/2023
|
|
|
7,000
|
|
|
7,525,000
|
|
United
Rentals North America, Inc.
|
|
7.625%
|
|
4/15/2022
|
|
|
10,000
|
|
|
11,225,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
211,488,246
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications Equipment 0.44%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alcatel-Lucent
USA, Inc.
|
|
6.45%
|
|
3/15/2029
|
|
|
10,000
|
|
|
7,750,000
|
|
CommScope,
Inc.
|
|
8.25%
|
|
1/15/2019
|
|
|
20,000
|
|
|
21,800,000
|
|
SES
(Luxembourg)
(b)(h)
|
|
3.60%
|
|
4/4/2023
|
|
|
8,600
|
|
|
8,617,678
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
38,167,678
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications: Integrated/Services 3.51%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CenturyLink,
Inc.
|
|
6.15%
|
|
9/15/2019
|
|
|
17,200
|
|
|
18,256,269
|
|
CenturyLink,
Inc.
|
|
6.45%
|
|
6/15/2021
|
|
|
30,000
|
|
|
31,850,760
|
|
Dycom
Investments, Inc.
|
|
7.125%
|
|
1/15/2021
|
|
|
16,750
|
|
|
18,006,250
|
|
Equinix,
Inc.
|
|
4.875%
|
|
4/1/2020
|
|
|
1,050
|
|
|
1,063,125
|
|
Equinix,
Inc.
|
|
5.375%
|
|
4/1/2023
|
|
|
3,950
|
|
|
4,019,125
|
|
Equinix,
Inc.
|
|
7.00%
|
|
7/15/2021
|
|
|
12,150
|
|
|
13,532,062
|
|
Frontier
Communications Corp.
|
|
7.125%
|
|
1/15/2023
|
|
|
3,950
|
|
|
4,014,188
|
|
Frontier
Communications Corp.
(h)
|
|
7.625%
|
|
4/15/2024
|
|
|
7,800
|
|
|
8,043,750
|
|
See
Notes to Schedule of Investments.
|
Schedule
of Investments (unaudited)(continued)
|
LORD ABBETT
BOND-DEBENTURE FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications: Integrated/Services (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Frontier
Communications Corp.
|
|
9.25%
|
|
7/1/2021
|
|
$
|
7,275
|
|
$
|
8,384,437
|
|
GCI,
Inc.
|
|
6.75%
|
|
6/1/2021
|
|
|
7,725
|
|
|
7,280,813
|
|
Hellas
II (Luxembourg)
(b)(c)
|
Zero Coupon
|
|
1/15/2015
|
|
|
15,000
|
|
|
1,500
|
|
Hughes
Satellite Systems Corp.
|
|
7.625%
|
|
6/15/2021
|
|
|
27,500
|
|
|
31,590,625
|
|
Intelsat
Jackson Holdings SA (Luxembourg)
(b)
|
|
7.50%
|
|
4/1/2021
|
|
|
23,250
|
|
|
25,981,875
|
|
Intelsat
Luxembourg SA (Luxembourg)
(b)(h)
|
|
6.75%
|
|
6/1/2018
|
|
|
2,900
|
|
|
3,001,500
|
|
Intelsat
Luxembourg SA (Luxembourg)
(b)(h)
|
|
7.75%
|
|
6/1/2021
|
|
|
13,100
|
|
|
13,362,000
|
|
Intelsat
Luxembourg SA (Luxembourg)
(b)(h)
|
|
8.125%
|
|
6/1/2023
|
|
|
7,300
|
|
|
7,446,000
|
|
Intelsat
Luxembourg SA (Luxembourg)
(b)
|
|
11.25%
|
|
2/4/2017
|
|
|
21,927
|
|
|
23,379,664
|
|
MasTec,
Inc.
|
|
4.875%
|
|
3/15/2023
|
|
|
11,000
|
|
|
10,917,500
|
|
Sable
International Finance Ltd.
|
|
8.75%
|
|
2/1/2020
|
|
|
12,500
|
|
|
14,187,500
|
|
Telefonica
Emisiones SAU (Spain)
(b)
|
|
7.045%
|
|
6/20/2036
|
|
|
6,000
|
|
|
6,470,994
|
|
Telemar
Norte Leste SA (Brazil)
(b)
|
|
5.50%
|
|
10/23/2020
|
|
|
9,532
|
|
|
9,984,770
|
|
Windstream
Corp.
|
|
7.00%
|
|
3/15/2019
|
|
|
30,250
|
|
|
31,044,062
|
|
Windstream
Corp.
|
|
7.50%
|
|
4/1/2023
|
|
|
12,000
|
|
|
12,780,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
304,598,769
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications: Wireless 4.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
American
Tower Corp.
|
|
3.50%
|
|
1/31/2023
|
|
|
7,800
|
|
|
7,752,061
|
|
American
Tower Corp.
|
|
4.70%
|
|
3/15/2022
|
|
|
12,500
|
|
|
13,609,750
|
|
CC
Holdings GS V LLC
|
|
3.849%
|
|
4/15/2023
|
|
|
15,310
|
|
|
15,456,180
|
|
Clearwire
Communications LLC/Clearwire Finance, Inc.
|
|
12.00%
|
|
12/1/2015
|
|
|
10,000
|
|
|
10,806,250
|
|
Clearwire
Communications LLC/Clearwire Finance, Inc.
|
|
14.75%
|
|
12/1/2016
|
|
|
2,000
|
|
|
2,810,000
|
|
Cricket
Communications, Inc.
|
|
7.75%
|
|
10/15/2020
|
|
|
29,000
|
|
|
29,072,500
|
|
Crown
Castle International Corp.
|
|
5.25%
|
|
1/15/2023
|
|
|
4,825
|
|
|
4,927,531
|
|
Digicel
Group Ltd. (Jamaica)
(b)
|
|
10.50%
|
|
4/15/2018
|
|
|
18,432
|
|
|
20,689,920
|
|
Digicel
Ltd. (Jamaica)
(b)
|
|
7.00%
|
|
2/15/2020
|
|
|
16,500
|
|
|
17,407,500
|
|
MetroPCS
Wireless, Inc.
|
|
6.625%
|
|
11/15/2020
|
|
|
15,000
|
|
|
15,731,250
|
|
MetroPCS
Wireless, Inc.
|
|
7.875%
|
|
9/1/2018
|
|
|
20,000
|
|
|
21,950,000
|
|
NII
Capital Corp.
|
|
7.625%
|
|
4/1/2021
|
|
|
3,500
|
|
|
2,537,500
|
|
NII
Capital Corp.
|
|
8.875%
|
|
12/15/2019
|
|
|
15,000
|
|
|
11,362,500
|
|
NII
Capital Corp.
|
|
10.00%
|
|
8/15/2016
|
|
|
12,000
|
|
|
10,830,000
|
|
SBA
Telecommunications, Inc.
|
|
5.75%
|
|
7/15/2020
|
|
|
7,000
|
|
|
7,306,250
|
|
SBA
Telecommunications, Inc.
|
|
8.25%
|
|
8/15/2019
|
|
|
6,500
|
|
|
7,198,750
|
|
Sprint
Capital Corp.
|
|
6.90%
|
|
5/1/2019
|
|
|
50,000
|
|
|
55,125,000
|
|
Sprint
Nextel Corp.
|
|
7.00%
|
|
3/1/2020
|
|
|
15,500
|
|
|
18,096,250
|
|
Sprint
Nextel Corp.
|
|
7.00%
|
|
8/15/2020
|
|
|
23,600
|
|
|
26,078,000
|
|
Sprint
Nextel Corp.
|
|
9.125%
|
|
3/1/2017
|
|
|
20,000
|
|
|
23,750,000
|
|
Telemovil
Finance Co., Ltd. (El Salvador)
(b)
|
|
8.00%
|
|
10/1/2017
|
|
|
11,450
|
|
|
12,537,750
|
|
ViaSat,
Inc.
|
|
6.875%
|
|
6/15/2020
|
|
|
10,000
|
|
|
10,775,000
|
|
Vimpel
Communications via VIP Finance Ireland Ltd. OJSC (Luxembourg)
(b)
|
|
7.748%
|
|
2/2/2021
|
|
|
8,550
|
|
|
9,597,375
|
|
Wind
Acquisition Finance SA (Italy)
(b)
|
|
7.25%
|
|
2/15/2018
|
|
|
8,500
|
|
|
8,893,125
|
|
See
Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Interest
Rate
|
|
Maturity
Date
|
|
Principal
Amount
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications: Wireless (continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wind Acquisition Finance SA (Italy)
(b)
|
|
11.75%
|
|
7/15/2017
|
|
$
|
32,000
|
|
$
|
34,080,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
398,380,442
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Theaters & Entertainment 0.56%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cinemark USA, Inc.
|
|
8.625%
|
|
6/15/2019
|
|
|
10,000
|
|
|
11,087,500
|
|
Lions Gate Entertainment, Inc.
|
|
10.25%
|
|
11/1/2016
|
|
|
14,450
|
|
|
15,840,813
|
|
Live Nation Entertainment, Inc.
|
|
8.125%
|
|
5/15/2018
|
|
|
20,000
|
|
|
21,850,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
48,778,313
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transportation (Excluding Air/Rail) 0.55%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asciano Finance Ltd. (Australia)
(b)
|
|
4.625%
|
|
9/23/2020
|
|
|
9,750
|
|
|
10,364,084
|
|
Commercial Barge Line Co.
|
|
12.50%
|
|
7/15/2017
|
|
|
9,500
|
|
|
10,366,875
|
|
Great Lakes Dredge & Dock Corp.
|
|
7.375%
|
|
2/1/2019
|
|
|
13,000
|
|
|
13,780,000
|
|
Penske Truck Leasing Co. LP/PTL Finance Corp.
|
|
3.75%
|
|
5/11/2017
|
|
|
12,500
|
|
|
13,403,875
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
47,914,834
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
High Yield Corporate Bonds
(cost
$6,584,040,426)
|
|
|
|
|
|
|
|
|
|
7,031,080,544
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MUNICIPAL BOND 0.20%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Revenue
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NYC Indus Dev Agy, NY
(cost $12,000,000)
|
|
11.00%
|
|
3/1/2029
|
|
|
12,000
|
|
|
16,918,440
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NON-AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES
0.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Morgan Stanley Capital I
2011-C1
(cost $11,309,161)
|
|
5.42%
|
#
|
9/15/2047
|
|
|
11,000
|
|
|
12,404,562
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend
Rate
|
|
|
|
Shares (000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PREFERRED STOCKS 0.46%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Agency/Government Related 0.02%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fannie Mae
*
|
|
8.25%
|
|
|
|
|
481
|
|
|
1,564,550
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Banking 0.36%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GMAC Capital Trust I
|
|
8.125%
|
|
|
|
|
275
|
|
|
7,480,000
|
|
Texas Capital Bancshares, Inc.
|
|
6.50%
|
|
|
|
|
467
|
|
|
11,788,455
|
|
U.S. Bancorp
|
|
3.50%
|
|
|
|
|
13
|
|
|
12,046,125
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
31,314,580
|
|
|
|
|
|
|
|
|
|
|
|
|
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(continued)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
Dividend
Rate
|
|
|
|
Shares
(000)
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
|
|
|
Property
& Casualty 0.08%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allstate Corp. (The)
|
|
|
5.10%
|
|
|
|
|
274
|
|
$
|
7,179,603
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Preferred Stocks
(cost $46,662,262)
|
|
|
|
|
|
|
|
|
|
|
40,058,733
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise
Price
|
|
Expiration
Date
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WARRANTS
0.09%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auto Parts
& Equipment 0.02%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cooper-Standard Holdings,
Inc.
*
|
|
$
|
27.33
|
|
11/27/2017
|
|
|
84
|
|
|
1,375,294
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Broadcast 0.01%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ION Media Networks, Inc.
*(l)
|
|
|
687.00
|
|
12/18/2016
|
|
|
2
|
|
|
390,000
|
|
ION Media Networks, Inc.
*(l)
|
|
|
500.00
|
|
12/18/2016
|
|
|
2
|
|
|
691,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
1,081,250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media:
Cable 0.06%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Charter Communications,
Inc.
*
|
|
|
46.86
|
|
11/30/2014
|
|
|
84
|
|
|
4,939,583
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Warrants
(cost
$11,220,352)
|
|
|
|
|
|
|
|
|
|
|
7,396,127
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Long-Term Investments
(cost $8,029,203,579)
|
|
|
|
|
|
|
|
|
|
|
8,574,338,948
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal
Amount
(000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SHORT-TERM
INVESTMENT 0.43%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase
Agreement
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase Agreement dated 3/28/2013, 0.01% due 4/1/2013 with Fixed
Income Clearing Corp. collateralized by $37,440,000 of U.S. Treasury Note at
2.00% due 11/30/2013; value: $38,142,000 proceeds: $37,391,029 (cost
$37,390,988)
|
|
|
|
|
|
|
$
|
37,391
|
|
|
37,390,988
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Investments in Securities 99.35
% (cost $8,066,594,567)
|
|
|
|
|
|
|
|
|
|
|
8,611,729,936
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and
Other Assets in Excess of Liabilities
(m)
0.65%
|
|
|
|
|
|
|
|
|
|
|
56,332,216
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Assets 100.00%
|
|
|
|
|
|
|
|
|
|
$
|
8,668,062,152
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CAD
|
|
Canadian dollar.
|
CHF
|
|
Swiss franc.
|
EUR
|
|
euro.
|
GBP
|
|
British pound.
|
ADR
|
|
American Depositary
Receipt.
|
ETF
|
|
Exchange Traded Fund.
|
PIK
|
|
Payment-in-kind.
|
*
|
|
Non-income producing
security.
|
|
|
Security was purchased
pursuant to Rule 144A under the Securities Act of 1933 and, unless registered
under such Act or exempted from registration, may only be resold to qualified
institutional buyers.
|
See Notes to Schedule of Investments.
|
Schedule of Investments
(unaudited)(concluded)
|
LORD ABBETT BOND-DEBENTURE
FUND, INC.
March 28, 2013
|
|
|
|
~
|
|
Deferred interest
debentures pay the stated rate, after which they pay a predetermined interest
rate.
|
#
|
|
Variable rate security. The
interest rate represents the rate in effect at March 28, 2013.
|
(a)
|
|
Investment in non-U.S.
dollar denominated securities.
|
(b)
|
|
Foreign security traded in
U.S. dollars.
|
(c)
|
|
Defaulted security.
|
(d)
|
|
Floating Rate Loans in
which the Fund invests generally pay interest at rates which are periodically
re-determined at a margin above the London Interbank Offered Rate (LIBOR)
or the prime rate offered by major U.S. banks. The rate shown is the rate(s)
in effect at March 28, 2013.
|
(e)
|
|
Floating Rate Loan included
as a Level 3 investment in the fair value hierarchy table located in Note
2(h). Total Floating Rate Loans included in Level 3 amounted to $13,857,346.
|
(f)
|
|
Security is perpetual in
nature and has no stated maturity.
|
(g)
|
|
Debenture pays interest at
an annual fixed rate of 8.00% through June 15, 2020. Thereafter, interest
will be paid at an annual floating rate of 3-month LIBOR plus 6.405% through
December 29, 2049. This debenture is subject to full redemption at the option
of the issuer any time prior to December 29, 2049.
|
(h)
|
|
Securities purchased on a
when-issued basis (See Note 2(f)).
|
(i)
|
|
Debenture pays interest at
an annual fixed rate of 6.379% through December 14, 2036. Thereafter,
interest will be paid at an annual floating rate of 3-month LIBOR plus 2.25%
through December 14, 2049. This debenture is subject to full redemption at
the option of the issuer any time prior to December 14, 2036.
|
(j)
|
|
Debenture pays interest at
an annual fixed rate of 10.75% through June 15, 2038. Thereafter, interest
will be paid at an annual floating rate of 3-month LIBOR plus 7.12% through
June 15, 2058. This debenture is subject to full redemption at the option of
the issuer any time prior to June 15, 2038.
|
(k)
|
|
Security has been partially
segregated to cover margin requirements for open futures contracts as of
March 28, 2013.
|
(l)
|
|
Restricted securities of
ION Media Networks, Inc. acquired through private placement are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment Type
|
|
|
Acquisition
Date
|
|
Acquired
Shares
|
|
Cost on
Acquisition
Date
|
|
Fair value
per share at
March 28, 2013
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant
|
|
|
April 15, 2011
|
|
|
1,950
|
|
$
|
4,318,663
|
|
$
|
200.00
|
|
Warrant
|
|
|
April 15, 2011
|
|
|
1,975
|
|
|
5,785,009
|
|
|
350.00
|
|
|
|
|
|
(m)
|
|
Cash and Other Assets in
Excess of Liabilities include net unrealized appreciation/depreciation on
forward foreign currency exchange contracts and open futures contracts as
follows:
|
Open Forward Foreign Currency Exchange Contracts at March 28,
2013:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forward
Foreign Currency
Exchange Contracts
|
|
|
Transaction
Type
|
|
Counterparty
|
|
Expiration
Date
|
|
Foreign
Currency
|
|
U.S. $ Cost on
Origination
Date
|
|
U.S. $
Current
Value
|
|
Unrealized
Appreciation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
euro
|
|
|
Sell
|
|
|
J.P.
Morgan
|
|
|
6/11/2013
|
|
|
15,930,000
|
|
$
|
21,469,849
|
|
$
|
20,429,919
|
|
$
|
1,039,930
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forward
Foreign Currency
Exchange Contracts
|
|
|
Transaction
Type
|
|
Counterparty
|
|
Expiration
Date
|
|
Foreign
Currency
|
|
U.S. $ Cost on
Origination
Date
|
|
U.S. $
Current
Value
|
|
Unrealized
Depreciation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
British pound
|
|
|
Sell
|
|
|
Goldman Sachs
|
|
|
6/24/2013
|
|
|
4,777,000
|
|
$
|
7,223,875
|
|
$
|
7,255,335
|
|
$
|
(31,460
|
)
|
Open Futures
Contracts at March 28, 2013:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Type
|
|
|
Expiration
|
|
Contracts
|
|
Position
|
|
Fair Value
|
|
Unrealized
Depreciation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. 10-Year Treasury Note
|
|
|
June
2013
|
|
|
650
|
|
|
Short
|
|
$
|
(85,789,844
|
)
|
$
|
(259,718
|
)
|
See Notes to Schedule of Investments.
Notes to
Schedule of Investments (unaudited)
Lord Abbett Bond-Debenture Fund, Inc. (the Fund) is
registered under the Investment Company Act of 1940, as amended (the Act), as
a diversified, open-end management investment company. The Fund was
incorporated under Maryland law on January 23, 1976.
The Funds investment objective is to seek high
current income and the opportunity for capital appreciation to produce a high
total return.
|
|
2
.
|
SIGNIFICANT
ACCOUNTING POLICIES
|
|
|
(a)
|
Investment Valuation-
Under
procedures approved by the Funds Board of Directors (the Board), Lord,
Abbett & Co. LLC (Lord Abbett), the Funds investment manager, has
formed a Pricing Committee to administer the pricing and valuation of
portfolio investments and to ensure that prices utilized reasonably reflect
fair value. Among other things, these procedures allow the Fund 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 LLC. The Fund may rely on an independent fair
valuation service in adjusting the valuations of foreign 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
asked prices. Fixed income
securities are valued at the mean between the bid and asked prices on the
basis of prices supplied by independent pricing services, which reflect
broker/dealer supplied valuations and the independent pricing services own
electronic data processing techniques. Forward foreign currency exchange
contracts are valued using daily forward exchange rates. 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. Exchange-traded options and futures contracts are valued at
the last sale price in the market where they are principally traded. If no
sale has occurred, the mean between the most recently quoted bid and asked
prices is used.
|
|
|
|
Securities for which prices are not readily
available are valued at fair value as determined by the Pricing Committee and
approved by the Board. 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 related or comparable
assets or liabilities, recent transactions, market multiples, book values, yield
curves, broker quotes, observable trading activity, option adjusted spread
models and other relevant information to determine fair value of portfolio
investments. The Board or a designated committee thereof regularly reviews
fair value determinations made by the Pricing Committee and employs
techniques such as reviewing of any related market activity, reviewing inputs
and assumptions, and retrospectively comparing prices of subsequent purchases
and sales transactions to fair value determinations made by the Pricing
Committee.
|
|
|
|
Short-term securities with 60 days or less remaining
to maturity are valued using the amortized cost method, which approximates
fair value.
|
|
|
(b)
|
Security Transactions
-Security transactions are recorded as of
the date that the securities are purchased or sold (trade date).
|
|
|
(c)
|
Foreign Transactions-
The
books and records of the Fund are maintained in U.S. dollars and transactions
denominated in foreign currencies are recorded in the Funds records at the
rate prevailing when earned or recorded.
|
|
|
|
The 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
Schedule of Investments (unaudited)(continued)
|
|
(d)
|
Forward Foreign Currency Exchange
Contracts
-The Fund may enter into forward foreign currency
exchange contracts in order to reduce their exposure to changes in foreign
currency exchange rates on their foreign portfolio holdings or gain or reduce
exposure to foreign currency for investment purposes. A forward foreign
currency exchange contract is a commitment to purchase or sell a foreign
currency at a future date at a negotiated rate. The contracts are valued
daily at forward exchange rates.
|
|
|
(e)
|
Futures Contracts
-The
Fund may purchase and sell futures contracts to enhance returns, to attempt
to hedge some of its investment risk, or as a substitute position for holding
the underlying asset on which the instrument is based. At the time of
entering into a futures transaction, an investor is required to deposit and
maintain a specified amount of cash or eligible securities called initial
margin. Subsequent payments made or received by a Fund called variation
margin are made on a daily basis as the market price of the futures contract
fluctuates. The Fund will record an unrealized gain (loss) based on the
amount of variation margin. When a contract is closed, a realized gain (loss)
is recorded equal to the difference between the opening and closing value of
the contract.
|
|
|
(f)
|
When-Issued or Forward Transactions
-The
Fund may purchase portfolio securities on a when-issued or forward basis.
When-issued or forward 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 the Funds custodian in order to pay for the
commitment. At the time the 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
net asset value. The 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.
|
|
|
(g)
|
Repurchase Agreements-
The
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. The 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, the Fund may incur a loss upon disposition of
the securities.
|
|
|
(h)
|
Floating Rate Loans
-The
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. A
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
London InterBank Offered Rate (LIBOR).
|
|
|
|
The loans in which the Fund invests may be subject
to some restrictions on resale. For example, the Fund may be contractually
obligated to receive approval from the Agent and/or Borrower prior to the
sale of these investments. The Fund generally has no right to enforce
compliance with the terms of the loan agreement with the Borrower. As a
result, the Fund assumes the credit risk of the Borrower, the selling
participant and any other persons interpositioned between the Fund and the
Borrower (Intermediate Participants). In the event that the Borrower,
selling participant or Intermediate Participants become insolvent or enter
into bankruptcy, the Fund may incur certain costs and delays in realizing
payment or may suffer a loss of principal and/or interest.
|
Notes to
Schedule of Investments (unaudited)(continued)
|
|
|
Unfunded commitments represent the remaining
obligation of the Fund to the Borrower. At any point in time, up to the
maturity date of the issue, the Borrower may demand the unfunded portion. As
of March 28, 2013, the Fund had the following unfunded loan commitments:
|
|
|
|
|
|
|
Security
Name
|
|
|
Par
Value
|
|
|
|
|
|
|
Constellation
Brands, Inc. Bridge Term Loan
|
|
$
|
23,000,000
|
|
Diamond Foods,
Inc. Revolver
|
|
|
1,743,570
|
|
Milacron LLC -
Bridge Term Loan
|
|
|
25,000,000
|
|
|
|
|
|
|
Total
|
|
$
|
49,743,570
|
|
|
|
|
|
|
|
|
(i)
|
Fair Value Measurements
-Fair
value is defined as the price that the 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 entitys 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 of inputs is summarized in the three broad Levels listed
below:
|
|
|
|
|
|
Level 1 - unadjusted quoted prices in active markets
for identical investments;
|
|
|
Level 2 - other significant observable inputs
(including quoted prices for similar investments, interest rates, prepayment
speeds, credit risk, etc.); and
|
|
|
Level 3 - significant unobservable inputs (including
the Funds own assumptions in determining the fair value of investments).
|
|
|
|
Changes in valuation techniques may result in
transfers into or out of an assigned level within the three-tier hierarchy.
All transfers between different levels within the three-tier hierarchy are
deemed to have occurred as of the beginning of the reporting period. The
inputs or methodology used for valuing securities are not necessarily an
indication of the risk associated with investing in those securities.
|
|
|
|
The following is a summary of the inputs used as of
March 28, 2013 in valuing the Funds investments carried at fair value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment Type
*
|
|
|
Level
1
|
|
Level
2
|
|
Level
3
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stocks
|
|
$
|
369,656,364
|
(1)
|
$
|
|
|
$
|
|
|
$
|
369,656,364
|
|
Convertible Bonds
|
|
|
|
|
|
549,951,630
|
|
|
|
|
|
549,951,630
|
|
Convertible Preferred
Stocks
|
|
|
175,550,590
|
|
|
52,351,944
|
(2)
|
|
|
|
|
227,902,534
|
|
Floating Rate Loans**
|
|
|
|
|
|
241,985,174
|
|
|
13,857,346
|
|
|
255,842,520
|
|
Foreign Bonds
|
|
|
|
|
|
42,822,698
|
|
|
|
|
|
42,822,698
|
|
Foreign Government
Obligations
|
|
|
|
|
|
20,304,796
|
|
|
|
|
|
20,304,796
|
|
High Yield Corporate
Bonds
|
|
|
|
|
|
7,031,075,294
|
|
|
5,250
|
(3)
|
|
7,031,080,544
|
|
Municipal Bond
|
|
|
|
|
|
16,918,440
|
|
|
|
|
|
16,918,440
|
|
Non-Agency Commercial
Mortgage-Backed Securities
|
|
|
|
|
|
12,404,562
|
|
|
|
|
|
12,404,562
|
|
Preferred Stocks
|
|
|
28,012,608
|
(4)
|
|
12,046,125
|
(5)
|
|
|
|
|
40,058,733
|
|
Warrants
|
|
|
6,314,877
|
|
|
|
|
|
1,081,250
|
(6)
|
|
7,396,127
|
|
Repurchase Agreement
|
|
|
|
|
|
37,390,988
|
|
|
|
|
|
37,390,988
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
579,534,439
|
|
$
|
8,017,251,651
|
|
$
|
14,943,846
|
|
$
|
8,611,729,936
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes to Schedule of Investments (unaudited)(continued)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Financial Instruments
|
|
Level
1
|
|
Level
2
|
|
Level
3
|
|
Total
|
|
Forward Foreign Currency Exchange Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset
|
|
$
|
|
|
$
|
1,039,930
|
|
$
|
|
|
$
|
1,039,930
|
|
Liabilities
|
|
|
|
|
|
(31,460
|
)
|
|
|
|
|
(31,460
|
)
|
Futures Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
(259,718
|
)
|
|
|
|
|
|
|
|
(259,718
|
)
|
Unfunded Commitments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset
|
|
|
|
|
|
|
|
|
51,854
|
(7)
|
|
51,854
|
|
Liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
(259,718
|
)
|
$
|
1,008,470
|
|
$
|
51,854
|
|
$
|
800,606
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*
|
See Schedule of Investments for fair values in each
industry and identification of foreign issuers and/or geography.
|
|
**
|
Floating Rate Loans categorized as Level 3 are
valued based on a single quotation obtained from a dealer. The Fund does not
have access to unobservable inputs and therefore cannot disclose such inputs
in the valuation.
|
|
(1)
|
Tribune Co. was categorized as Level 2 on December
31, 2012 due to the use of an observable dealer quotation. This security was
listed on the NASDAQ on January 4, 2013. Therefore, as of March 28, 2013,
this security was categorized as Level 1 due to the use of an unadjusted
quoted market closing price in an active market. Accordingly, $4,017,921 was
transferred from Level 2 to Level 1 during the period ended March 28, 2013.
|
|
(2)
|
Convertible Preferred Stocks categorized as Level 2
investments include AMG Capital Trust I, Bunge Ltd. and Cooper-Standard
Holdings, Inc. PIK
|
|
(3)
|
Corporate Bonds categorized as Level 3 investments
include General Motors Co., Hellas II (Luxembourg) and Washington Mutual
Bank.
|
|
(4)
|
Whiting Petroleum Corp. was categorized as Level 2
on December 31, 2012 resulting from limited market trading activity. As of
March 28, 2013, this security was categorized as Level 1 due to the use of
an unadjusted quoted market closing price in an active market. Accordingly,
$396,384 was transferred from Level 2 to Level 1 during the period ended
March 28, 2013.
|
|
(5)
|
Preferred Stocks categorized as Level 2 investments
include U.S. Bancorp.
|
|
(6)
|
Warrants categorized as Level 3 investments include
ION Media Networks, Inc.
|
|
(7)
|
Unfunded Commitments categorized as Level 3
investments include Diamond Foods, Inc. Revolver.
|
|
|
|
|
The
following is a reconciliation of investments with unobservable inputs (Level
3) that were used in determining fair value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment
Type
|
|
Floating Rate Loans
|
|
High Yield
Corporate Bonds
|
|
Warrants
|
|
Unfunded
Commitments
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of
January 1, 2013
|
$
|
14,455,169
|
|
$
|
42,975
|
|
$
|
1,081,250
|
|
$
|
(13,860
|
)
|
Accrued discounts/premiums
|
|
37,804
|
|
|
|
|
|
|
|
|
|
|
Realized gain (loss)
|
|
1,439
|
|
|
|
|
|
|
|
|
|
|
Change in unrealized appreciation/depreciation
|
|
452,699
|
|
|
(37,725
|
)
|
|
|
|
|
65,714
|
|
Purchases
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales
|
|
(34,500
|
)
|
|
|
|
|
|
|
|
|
|
Net transfers in or out of level 3
|
|
(1,055,265
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of March 28, 2013
|
$
|
13,857,346
|
|
$
|
5,250
|
|
$
|
1,081,250
|
|
$
|
51,854
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(j)
|
Disclosures
about Derivative Instruments and Hedging Activities
-The
Fund entered into forward foreign currency exchange contracts for the period
ended March 28, 2013 (as described in Note 2(d)). A forward foreign currency
exchange contract reduces the Funds exposure to changes in the value of the
currency it will deliver (or settle in cash) and increases its exposure to
changes in the value of the currency it will receive (or settle in cash) for
the duration of the contract. The Funds use of forward foreign currency
exchange contracts involves the risk that Lord Abbett will not accurately
predict currency movements, and the Funds returns could be reduced as a
result. Forward foreign currency exchange contracts are subject to the risk
that those currencies will decline in value relative to the U.S. dollar, or,
in the case of hedged positions, that the U.S. dollar will decline relative
to the currency being hedged. Currency rates in foreign countries may
fluctuate significantly over short periods of time. The Funds risk of loss
from counterparty credit risk is the unrealized appreciation on foreign
currency exchange contracts and deposits as collateral.
|
|
|
Notes to Schedule of Investments (unaudited)(concluded)
|
|
|
The Fund entered into
U.S. Treasury futures contracts for the period ended March 28, 2013 (as
described in note 2(e)) to hedge against changes in interest rates. The Fund
bears the risk of interest rates moving unexpectedly, in which case the Fund
may not achieve the anticipated benefits of the futures contracts and realize
a loss. There is minimal counterparty credit risk to the Fund since futures
are exchange traded and the exchanges clearinghouse, as counterparty to all
exchange traded futures, guarantees futures against default.
|
|
|
|
As of March 28, 2013, the Fund had the following
derivatives, grouped into appropriate risk categories that illustrate how and
why the Fund uses derivative instruments:
|
|
|
|
|
|
|
|
|
|
|
|
Asset Derivatives
|
|
Interest
Rate
Contracts
|
|
Forward
Foreign
Currency Exchange
Contracts
|
|
Fair
Value
|
|
|
|
|
|
|
|
|
|
Forward Foreign Currency Exchange Contracts
|
$
|
|
|
$
|
1,039,930
|
|
$
|
1,039,930
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
$
|
|
|
$
|
1,039,930
|
|
$
|
1,039,930
|
|
|
|
|
|
|
|
|
|
|
|
|
Liability Derivatives
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forward Foreign Currency Exchange Contracts
|
$
|
|
|
$
|
31,460
|
|
$
|
31,460
|
|
Futures Contracts
|
|
259,718
|
|
|
|
|
|
259,718
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
$
|
259,718
|
|
$
|
31,460
|
|
$
|
291,178
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.
|
FEDERAL TAX
INFORMATION
|
As of March 28, 2013, the
aggregate unrealized security gains and losses based on cost for U.S. federal
income tax purposes were as follows:
|
|
|
|
|
Tax cost
|
|
$
|
8,128,471,908
|
|
|
|
|
|
|
Gross unrealized gain
|
|
|
653,536,729
|
|
Gross unrealized loss
|
|
|
(170,278,701
|
)
|
|
|
|
|
|
Net unrealized security gain
|
|
$
|
483,258,028
|
|
|
|
|
|
|
The difference between book-basis and
tax-basis unrealized gains (losses) is attributable to the tax treatment of wash sales,
premium amortization and certain securities.
Item 2: Controls and Procedures.
|
(a)
|
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) as of a date within 90 days prior to the filing date of this report, the Chief Executive Officer
and Chief Financial Officer of the Registrant have concluded that such disclosure controls and procedures are reasonably designed
and effective to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made
known to them by others within those entities.
|
|
(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 Registrant’s last fiscal quarter that have materially affected,
or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
|
Item 3: Exhibits.
|
|
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.
|
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 BOND-DEBENTURE FUND,
INC.
By:
/s/Daria L. Foster
Daria L. Foster
President and
Chief Executive Officer
Date: May 20, 2013
By:
/s/Joan A. Binstock
Joan A. Binstock
Chief Financial
Officer and Vice President
Date: May 20, 2013
_____________________________
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:
/s/Daria L. Foster
Daria L. Foster
President and
Chief Executive Officer
Date: May 20, 2013
By:
/s/Joan A. Binstock
Joan A. Binstock
Chief Financial
Officer and Vice President
Date: May 20, 2013
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