KEY FACTS as of 08/31/2020
- This strategy is available as a:
- Separate Account
- ERISA CIT
- Mutual Fund
- Series Fund
Portfolio Breakdownas of 08/31/2020
|Investment Grade Corporate|
|U.S. Government Related|
|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 08/31/2020
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 08/31/2020
|Average Life||7.59 Years||8.08 Years|
|Average Effective Duration||5.83 Years||6.09 Years|
|Average Yield to Worst||2.08%||1.15%|
Portfolio data is based on the Core Plus Total Return Representative Portfolio.
Average Annual Returns as of 08/31/2020
|Gross of Fees||5.95%||5.97%||4.93%||4.72%||4.62%||5.96%|
|Net of Fees||5.66%||5.54%||4.49%||4.27%||4.16%||5.50%|
|Bloomberg Barclays U.S. Aggregate Bond Index||6.85%||6.47%||5.09%||4.33%||3.65%||4.91%|
Inception Date: January 1, 1999
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 08/31/2020
|Gross of Fees||9.09%||-0.20%||4.47%||4.80%||0.02%||6.89%||-0.55%||8.54%||8.15%||8.59%|
|Net of Fees||8.62%||-0.61%||4.00%||4.36%||-0.39%||6.38%||-1.03%||8.03%||7.61%||8.05%|
|Bloomberg Barclays U.S. Aggregate Bond Index||8.72%||0.01%||3.54%||2.65%||0.55%||5.97%||-2.02%||4.22%||7.84%||6.54%|