Corporate Investment Grade
Summary
Summary
KEY FACTS as of 07/31/2019
Vehicles
- This strategy is available as a:
- Separate Account
- Mutual Fund
PORTFOLIO MANAGERS
Portfolio
Portfolio
Portfolio Breakdownas of 07/31/2019
| Type | Portfolio |
|---|
| Type | Portfolio |
|---|---|
| Investment Grade Corporate | |
| ABS | |
| U.S. Government Related | |
| High Yield Corporate | |
| CMBS | |
| 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 07/31/2019
| Type | Portfolio | Index |
|---|
| U.S. Treasury | 1.2% | - |
| AAA | 2.5% | 1.8% |
| AA | 3.3% | 7.8% |
| A | 22.5% | 40.3% |
| BBB | 69.6% | 50.2% |
| <BBB | 0.9% | - |
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 07/31/2019
| Portfolio | Index |
|---|
| Portfolio | Index | |
|---|---|---|
| Average Coupon | 5.10% | 4.04% |
| Average Life | 10.98 Years | 11.05 Years |
| Average Effective Duration | 6.65 Years | 7.68 Years |
| Average Yield to Worst | 3.55% | 3.16% |
Portfolio data is based on the Corporate Investment Grade Representative Portfolio.
Performance
Performance
Average Annual Returns as of 06/30/2019
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| Gross of Fees | 9.14% | 9.80% | - | - | - | 5.27% |
| Net of Fees | 8.77% | 9.06% | - | - | - | 4.56% |
| Bloomberg Barclays US Corp Investment Grade Index | 9.85% | 10.72% | - | - | - | 5.10% |
Inception Date: May 1, 2017
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 06/30/2019
| 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|
| Gross of Fees | -2.28% | - | - | - | - | - | - | - | - | - |
| Net of Fees | -2.94% | - | - | - | - | - | - | - | - | - |
| Bloomberg Barclays US Corp Investment Grade Index | -2.51% | - | - | - | - | - | - | - | - | - |