Core Plus Total Return
Summary
Summary
KEY FACTS as of 08/31/2018
Vehicles
- This strategy is available as a:
- Separate Account
- ERISA CIT
- Mutual Fund
- Series Fund
- UCITS
PORTFOLIO MANAGERS
Portfolio
Portfolio
Portfolio Breakdownas of 08/31/2018
| Type | Portfolio |
|---|
| Type | Portfolio |
|---|---|
| U.S. Government Related | |
| MBS | |
| ABS | |
| Investment Grade Corporate | |
| High Yield Corporate | |
| CMBS | |
| Sovereign | |
| 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 08/31/2018
| Type | Portfolio | Index |
|---|
| U.S. Treasury | 26.2% | 31.6% |
| Agency | 23.3% | 25.2% |
| AAA | 15.8% | 4.2% |
| AA | 4.9% | 4.0% |
| A | 9.2% | 11.9% |
| BBB | 12.3% | 15.0% |
| <BBB | 8.4% | 7.9% |
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 08/31/2018
| Portfolio | Index |
|---|
| Portfolio | Index | |
|---|---|---|
| Average Coupon | 3.54% | 3.52% |
| Average Life | 8.39 Years | 8.04 Years |
| Average Effective Duration | 5.88 Years | 5.76 Years |
| Average Yield to Worst | 3.74% | 3.67% |
Portfolio data is based on the Core Plus Total Return Representative Portfolio.
Performance
Performance
Average Annual Returns as of 08/31/2018
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| Gross of Fees | -0.77% | -0.61% | 2.70% | 3.37% | 5.31% | 5.78% |
| Net of Fees | -1.04% | -1.04% | 2.26% | 2.91% | 4.84% | 5.31% |
| Bloomberg Barclays U.S. Universal Index | -0.98% | -0.93% | 2.26% | 2.82% | 4.06% | 4.86% |
Inception Date: January 1, 1999
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 08/31/2018
| 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
| Gross of Fees | 4.47% | 4.80% | 0.02% | 6.89% | -0.55% | 8.54% | 8.15% | 8.59% | 16.49% | -0.45% |
| Net of Fees | 4.00% | 4.36% | -0.39% | 6.38% | -1.03% | 8.03% | 7.61% | 8.05% | 16.02% | -0.85% |
| Bloomberg Barclays U.S. Universal Index | 4.09% | 3.91% | 0.43% | 5.56% | -1.35% | 5.53% | 7.40% | 7.16% | 8.60% | 2.38% |