KEY FACTS as of 05/29/2020
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 05/29/2020
|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 05/29/2020
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 05/29/2020
|Average Life||6.98 Years||8.04 Years|
|Average Effective Duration||5.68 Years||6.01 Years|
|Average Yield to Worst||3.46%||1.34%|
Portfolio data is based on the Core Plus Full Discretion Representative Portfolio.
Average Annual Returns as of 06/30/2020
|Gross of Fees||1.98%||4.58%||4.45%||-||-||5.13%|
|Net of Fees||1.84%||4.32%||4.10%||-||-||4.66%|
|Bloomberg Barclays U.S. Aggregate Bond Index||6.14%||8.74%||5.32%||-||-||4.64%|
Inception Date: January 1, 2016
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 06/30/2020
|Gross of Fees||10.50%||-0.83%||5.36%||6.36%||-||-||-||-||-||-|
|Net of Fees||10.26%||-1.14%||4.65%||5.64%||-||-||-||-||-||-|
|Bloomberg Barclays U.S. Aggregate Bond Index||8.72%||0.01%||3.54%||2.65%||-||-||-||-||-||-|