KEY FACTS as of 07/31/2019
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 07/31/2019
|High Yield Corporate|
|Investment Grade 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 07/31/2019
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 07/31/2019
|Average Life||8.56 Years||8.11 Years|
|Average Effective Duration||4.74 Years||4.73 Years|
Portfolio data is based on the Emerging Markets Corporate Debt Representative Portfolio.
Average Annual Returns as of 06/30/2019
|Gross of Fees||9.71%||11.27%||5.97%||5.77%||-||6.77%|
|Net of Fees||9.46%||10.74%||5.46%||5.25%||-||6.24%|
|J.P. Morgan CEMBI Broad Diversified Index||8.83%||10.21%||5.54%||4.84%||-||5.57%|
Inception Date: January 1, 2014
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 06/30/2019
|Gross of Fees||-2.58%||9.68%||10.49%||2.54%||7.86%||-||-||-||-||-|
|Net of Fees||-3.07%||9.13%||9.94%||2.03%||7.33%||-||-||-||-||-|
|J.P. Morgan CEMBI Broad Diversified Index||-1.65%||7.96%||9.65%||1.30%||4.96%||-||-||-||-||-|