KEY FACTS as of 07/31/2019
- This strategy is available as a:
- Separate Account
- ERISA CIT
- Mutual Fund
- Series Fund
Portfolio Breakdownas of 07/31/2019
|U.S. Government Related|
|Investment Grade Corporate|
|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 07/31/2019
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 07/31/2019
|Average Life||8.28 Years||7.61 Years|
|Average Effective Duration||5.45 Years||5.55 Years|
|Average Yield to Worst||3.07%||2.87%|
Portfolio data is based on the Core Plus Total Return Representative Portfolio.
Average Annual Returns as of 06/30/2019
|Gross of Fees||6.69%||8.04%||3.23%||3.43%||5.43%||5.90%|
|Net of Fees||6.46%||7.59%||2.79%||2.99%||4.95%||5.43%|
|Bloomberg Barclays U.S. Universal Index||6.54%||8.07%||2.84%||3.18%||4.37%||5.02%|
Inception Date: January 1, 1999
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 06/30/2019
|Gross of Fees||-0.20%||4.47%||4.80%||0.02%||6.89%||-0.55%||8.54%||8.15%||8.59%||16.49%|
|Net of Fees||-0.61%||4.00%||4.36%||-0.39%||6.38%||-1.03%||8.03%||7.61%||8.05%||16.02%|
|Bloomberg Barclays U.S. Universal Index||-0.26%||4.09%||3.91%||0.43%||5.56%||-1.35%||5.53%||7.40%||7.16%||8.60%|