KEY FACTS as of 04/30/2019
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 04/30/2019
|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 04/30/2019
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 04/30/2019
|Average Life||10.91 Years||10.86 Years|
|Average Effective Duration||6.42 Years||7.41 Years|
|Average Yield to Worst||4.02%||3.60%|
Portfolio data is based on the Corporate Investment Grade Representative Portfolio.
Average Annual Returns as of 03/31/2019
|Gross of Fees||4.76%||4.29%||-||-||-||3.73%|
|Net of Fees||4.58%||3.58%||-||-||-||3.03%|
|Bloomberg Barclays US Corp Investment Grade Index||5.14%||4.94%||-||-||-||3.40%|
Inception Date: May 1, 2017
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 03/31/2019
|Gross of Fees||-2.28%||-||-||-||-||-||-||-||-||-|
|Net of Fees||-2.94%||-||-||-||-||-||-||-||-||-|
|Bloomberg Barclays US Corp Investment Grade Index||-2.51%||-||-||-||-||-||-||-||-||-|