KEY FACTS as of 08/31/2018
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 08/31/2018
|Investment Grade Corporate|
|High Yield Corporate|
|U.S. Government Related|
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 08/31/2018
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 08/31/2018
|Average Life||8.12 Years||8.04 Years|
|Average Effective Duration||5.59 Years||5.76 Years|
|Average Yield to Worst||4.13%||3.67%|
Portfolio data is based on the Core Plus Full Discretion Representative Portfolio.
Average Annual Returns as of 08/31/2018
|Gross of Fees||-0.56%||0.02%||-||-||-||4.14%|
|Net of Fees||-0.79%||-0.44%||-||-||-||3.53%|
|Bloomberg Barclays U.S. Universal Index||-0.98%||-0.93%||-||-||-||2.60%|
Inception Date: January 1, 2016
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 08/31/2018
|Gross of Fees||5.36%||6.36%||-||-||-||-||-||-||-||-|
|Net of Fees||4.65%||5.64%||-||-||-||-||-||-||-||-|
|Bloomberg Barclays U.S. Universal Index||4.09%||3.91%||-||-||-||-||-||-||-||-|