KEY FACTS as of 12/31/2020
- This strategy is available as a:
- Separate Account
- ERISA CIT
- Mutual Fund
- Series Fund
Portfolio Breakdownas of 12/31/2020
|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 12/31/2020
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 12/31/2020
|Average Life||7.08 Years||8.18 Years|
|Average Effective Duration||5.59 Years||6.22 Years|
|Average Yield to Worst||1.79%||1.12%|
Portfolio data is based on the Core Plus Total Return Representative Portfolio.
Average Annual Returns as of 12/31/2020
|Gross of Fees||8.06%||8.06%||5.56%||5.19%||4.86%||5.96%|
|Net of Fees||7.63%||7.63%||5.13%||4.75%||4.39%||5.50%|
|Bloomberg Barclays U.S. Aggregate Bond Index||7.51%||7.51%||5.34%||4.44%||3.84%||4.86%|
Inception Date: January 1, 1999
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 12/31/2020
|Gross of Fees||8.06%||9.09%||-0.20%||4.47%||4.80%||0.02%||6.89%||-0.55%||8.54%||8.15%|
|Net of Fees||7.63%||8.62%||-0.61%||4.00%||4.36%||-0.39%||6.38%||-1.03%||8.03%||7.61%|
|Bloomberg Barclays U.S. Aggregate Bond Index||7.51%||8.72%||0.01%||3.54%||2.65%||0.55%||5.97%||-2.02%||4.22%||7.84%|