KEY FACTS as of 09/30/2019
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 09/30/2019
|Investment Grade Corporate|
|U.S. Government Related|
|High Yield Corporate|
Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of forward-settling instruments such as currency forwards, certain mortgage-backed securities, and U.S. treasury futures. "Other" may include municipal bonds and non-index holdings.
Credit Quality Distributionas of 09/30/2019
Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the median, but if there are only two ratings, the lower rating is used. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio.
CHARACTERISTICS as of 09/30/2019
|Average Life||8.06 Years||7.65 Years|
|Average Effective Duration||5.36 Years||5.61 Years|
|Average Yield to Worst||3.17%||2.64%|
Portfolio data is based on the Core Plus Full Discretion Representative Portfolio.
Average Annual Returns as of 10/31/2019
|Gross of Fees||10.12%||10.89%||4.26%||-||-||5.41%|
|Net of Fees||9.93%||10.66%||3.82%||-||-||4.90%|
|Bloomberg Barclays U.S. Universal Index||9.15%||11.36%||3.57%||-||-||4.35%|
Inception Date: January 1, 2016
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 10/31/2019
|Gross of Fees||-0.83%||5.36%||6.36%||-||-||-||-||-||-||-|
|Net of Fees||-1.14%||4.65%||5.64%||-||-||-||-||-||-||-|
|Bloomberg Barclays U.S. Universal Index||-0.26%||4.09%||3.91%||-||-||-||-||-||-||-|