Corporate Investment Grade
Summary
Summary
KEY FACTS as of 01/29/2021
Vehicles
- This strategy is available as a:
- Separate Account
- Mutual Fund
PORTFOLIO MANAGERS
Portfolio
Portfolio
Portfolio Breakdownas of 01/29/2021
| Type | Portfolio |
|---|
| Type | Portfolio |
|---|---|
| Investment Grade Corporate | |
| U.S. Government Related | |
| High Yield Corporate | |
| ABS | |
| Bank Loans | |
| Other | |
| Cash |
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 01/29/2021
| Type | Portfolio | Index |
|---|
| U.S. Treasury | 3.9% | - |
| AAA | 0.4% | 1.6% |
| AA | 5.2% | 7.1% |
| A | 17.9% | 41.3% |
| BBB | 70.3% | 50.0% |
| <BBB | 2.3% | - |
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 01/29/2021
| Portfolio | Index |
|---|
| Portfolio | Index | |
|---|---|---|
| Average Coupon | 4.44% | 3.74% |
| Average Life | 13.23 Years | 11.97 Years |
| Average Effective Duration | 8.72 Years | 8.7 Years |
| Average Yield to Worst | 2.36% | 1.86% |
Portfolio data is based on the Corporate Investment Grade Representative Portfolio.
Performance
Performance
Average Annual Returns as of 01/31/2021
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| Gross of Fees | -0.63% | 6.46% | 6.97% | - | - | 6.68% |
| Net of Fees | -0.69% | 5.74% | 6.25% | - | - | 5.96% |
| Bloomberg Barclays US Corp Investment Grade Index | -1.28% | 5.99% | 6.94% | - | - | 6.34% |
Inception Date: May 1, 2017
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 01/31/2021
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Gross of Fees | 10.14% | 13.75% | -2.28% | - | - | - | - | - | - | - |
| Net of Fees | 9.39% | 12.98% | -2.94% | - | - | - | - | - | - | - |
| Bloomberg Barclays US Corp Investment Grade Index | 9.89% | 14.54% | -2.51% | - | - | - | - | - | - | - |