Core Plus Total Return
Summary
Summary
KEY FACTS as of 09/30/2019
Vehicles
- This strategy is available as a:
- Separate Account
- ERISA CIT
- Mutual Fund
- Series Fund
- UCITS
PORTFOLIO MANAGERS
Portfolio
Portfolio
Portfolio Breakdownas of 09/30/2019
| Type | Portfolio |
|---|
| Type | Portfolio |
|---|---|
| MBS | |
| U.S. Government Related | |
| Investment Grade Corporate | |
| ABS | |
| 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 09/30/2019
| Type | Portfolio | Index |
|---|
| U.S. Treasury | 24.6% | 33.4% |
| Agency | 26.7% | 24.3% |
| AAA | 11.2% | 3.9% |
| AA | 4.5% | 3.7% |
| A | 10.4% | 11.9% |
| BBB | 13.9% | 15.6% |
| <BBB | 8.7% | 7.1% |
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 09/30/2019
| Portfolio | Index |
|---|
| Portfolio | Index | |
|---|---|---|
| Average Coupon | 3.35% | 3.56% |
| Average Life | 9.02 Years | 7.65 Years |
| Average Effective Duration | 5.60 Years | 5.61 Years |
| Average Yield to Worst | 3.02% | 2.64% |
Portfolio data is based on the Core Plus Total Return Representative Portfolio.
Performance
Performance
Average Annual Returns as of 09/30/2019
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception |
|---|
| Gross of Fees | 8.65% | 9.57% | 3.40% | 3.76% | 4.97% | 5.92% |
| Net of Fees | 8.30% | 9.10% | 2.95% | 3.32% | 4.49% | 5.45% |
| Bloomberg Barclays U.S. Universal Index | 8.80% | 10.07% | 3.23% | 3.62% | 4.14% | 5.06% |
Inception Date: January 1, 1999
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 09/30/2019
| 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|
| 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% |