KEY FACTS as of 08/31/2020
- This strategy is available as a:
- Separate Account
- Mutual Fund
Portfolio Breakdownas of 08/31/2020
|Investment Grade Corporate|
|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||8.95 Years||8.29 Years|
|Average Effective Duration||4.89 Years||4.82 Years|
Portfolio data is based on the Emerging Markets Corporate Debt Representative Portfolio.
Average Annual Returns as of 08/31/2020
|Gross of Fees||1.69%||5.75%||4.84%||6.59%||-||6.52%|
|Net of Fees||1.39%||5.28%||4.35%||6.08%||-||6.00%|
|J.P. Morgan CEMBI Broad Diversified Index||3.08%||6.03%||5.02%||6.14%||-||5.65%|
Inception Date: January 1, 2014
Returns for periods of less than one year are not annualized.
Calendar Year Returnsas of 08/31/2020
|Gross of Fees||14.71%||-2.58%||9.68%||10.49%||2.54%||7.86%||-||-||-||-|
|Net of Fees||14.19%||-3.07%||9.13%||9.94%||2.03%||7.33%||-||-||-||-|
|J.P. Morgan CEMBI Broad Diversified Index||13.09%||-1.65%||7.96%||9.65%||1.30%||4.96%||-||-||-||-|